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Annual Results Announced 2025

Fidelity

Fidelity - Research team

Final Results for the year ended 30 June 2025

Key Highlights:

  • During the twelve-month period ended 30 June 2025, Fidelity Emerging Markets Limited reported a Net Asset Value (NAV) return of +11.8%, ahead of the benchmark index, the MSCI Emerging Markets Index, return of +6.3%
  • Over the same timeframe, the total share price return was +14.0%
  • The company’s extensive ‘toolkit’ contributed positively to performance, with short positions and mid-cap exposure adding notable value
  • Long positions in Naspers and select mid-caps were among the top contributors to performance
  • The Board has announced a final dividend of $0.26

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