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Half Yearly Results Announced 2024

Fidelity

Fidelity - Research team

Half Year Report for the six months ended 31 December 2024

During the six months ended 31 December 2024, Fidelity Emerging Markets Limited reported a share price total return of +1.2% and Net Asset Value Return (NAV) of -0.3%

  • The benchmark index, the MSCI Emerging Markets Index, returned +1.0% over the same period
  • Stock picking in India in aggregate was the most notable driver of performance over the six months
  • The short book also contributed positively during the review period and full calendar year
  • The portfolio remains overweight to the financials, consumer discretionary and consumer staples sector

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