Fidelity SAI Emerging Markets Index (FERGX)
Fidelity SAI Emerging Markets Index operates in the Asset Management industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $21.42, up 1.47% on the session, giving a market capitalisation of $3.99B. Its beta of 1.02 implies it has historically moved more than the broad market.
The fund primarily allocates at least 80% of its assets to securities comprising the MSCI Emerging Markets Index, along with depositary receipts representing those same investments. To replicate the index's performance, the advisor employs statistical sampling, considering factors like market capitalization, industry allocation, dividend yield, price/earnings (P/E) ratio, price/book (P/B) ratio, earnings growth, and country weightings. Additionally, the fund generates supplementary income by lending out its holdings.
Fidelity SAI Emerging Markets Index is most often compared with the following Financial Services names: