FFEM

Issuer

Fidelity

Inception

2024-11-19

Exchange

CBOE

CUSIP

31609A867

Structure

—

Benchmark

—

Leverage

1x

Reset

—

FFEM seeks to achieve long-term capital growth by fundamentally selecting stocks from emerging markets. The fund includes countries that have an emerging stock market, as defined by MSCI, low- to middle-income economies, as classified by the World Bank, as well as countries with similar characteristics. The adviser considers an issuers domicile, incorporation, primary listing, and location of at least 50% of its assets to determine if it is economically tied to emerging markets. Additionally, issuers must derive at least 50% of their revenues from, classified as part of, or included in an index representing emerging markets. Starting with fundamental analyst research and security recommendations, and reference portfolios managed by Fidelity, a quantitative portfolio construction process is applied to emphasize securities in which the adviser has high conviction, subject to risk, liquidity, and trading characteristics. The fund is actively managed and includes firms of all sizes.

Reported net asset value

$39.10

NAV provider updated

2026-10-29 UTC

Premium / discount

—

Median spread · 30D

—

Average volume · 30D

10K

Shares outstanding

—

Options

—

TTM distribution yield

1.7%

30-day SEC yield

—

Frequency

—

Latest ex-date

2026-09-18

Distribution yield and SEC yield use different methodologies. Payouts may include income, capital gains, or return of capital.

Net expense ratio

0.60%

Gross expense ratio

—

Management fee

—

Annual cost per $10,000

$60.00

Estimated annual expense excludes trading costs and assumes constant assets. Fee waivers and fund costs can change.

Our risk indicator

4/5 · rule-based

Annualized volatility · 1Y

27.14%

Beta vs VOO · 1Y

—

Maximum drawdown · 1Y

▼ −15.5%

Historical risk measures describe past behavior and do not predict future returns.