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Fidelity Emerging Markets Ltd Results Announcement 2023

Fidelity

Fidelity - Investment Team

Fidelity Emerging Markets Ltd Annual Results for the year ended 30 June 2023

Highlights:

  • The net asset value (“NAV”) of the Company returned -2.6% for the year ended 30 June 2023, outperforming the reference index (MSCI Emerging Markets Index) which returned -2.8% over the year.
  • The Board announces a dividend of 0.19 cents per Participating Preference Share.
  • The Portfolio managers’ outlook for the region is optimistic given attractive valuations and an increasingly positive fundamental backdrop for companies.
  • Transition metals, nearshoring, and demographics provide tailwinds for the asset class.

Please access the results here