Fidelity Advisor Emerging Asia Fund
FERIX
NASDAQ- -
USD
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- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 245 Summer Street Boston MA United States of America 2210
- IPO Date
- Mar 31, 1994
- CIK
- 0000729218
- Website
- fundresearch.fidelity.com
- Similar Companies
- Business
- Fidelity Advisor Emerging Asia Fund (Class I: FERIX) is an open-end mutual fund that seeks long-term capital appreciation by investing at least 80% of its assets in securities of Asian emerging market issuers and other investments tied economically to Asian emerging markets; it invests primarily in common stocks of companies in countries including China, India, Taiwan, South Korea, and Singapore, with additional allocations to developed Asia and minor positions in cash and other assets. The fund offers multiple share classes including Class A (FEAAX), Class C (FERCX), Class M (FEATX), Class I (FERIX), and Class Z (FIQPX), each with varying expense ratios such as 0.95% net for Class I; core holdings as of recent reports feature large-cap growth names like Taiwan Semiconductor Manufacturing Co. Ltd. (11.69%), Tencent Holdings Ltd. (8.70%), MakeMyTrip Ltd., Eternal Ltd. (Zomato), and PDD Holdings Inc., representing approximately 31.80% of the portfolio across sectors like information technology, consumer discretionary, communication services, financials, and industrials. Managed within Fidelity Investments' international equity lineup and categorized under Morningstar's Pacific/Asia ex-Japan Stock, the fund targets institutional and eligible retail investors with a focus on fundamental analysis of issuers' financial condition, industry position, and regional economic factors; it maintains portfolio assets of approximately $520.52 million for Class I and operates primarily for U.S.-based investors with geographic exposure concentrated in emerging Asia (62.97%) and developed Asia (31.08%). Launched with a fund inception date of June 15, 1999, and headquartered in Smithfield, Rhode Island, as part of Fidelity's Advisor series under Fidelity Management & Research Company LLC, the fund has navigated volatile emerging markets with a turnover rate around 59% and benchmarked against the MSCI All Country Asia ex Japan Index. Recent major changes include the appointment of Di Chen as co-portfolio manager on July 31, 2025, alongside incumbent Xiaoting Zhao (portfolio manager since June 1, 2019); effective December 31, 2025, Zhao will step down, leaving Chen as sole portfolio manager to lead the strategy amid ongoing portfolio evolution with top holdings emphasizing technology and consumer growth leaders. No recent acquisitions, funding rounds, partnerships, new product launches, or reorganizations for the fund itself are reported, though Fidelity continues quarterly performance enhancements through active stock selection in Asia Pacific ex-Japan markets, particularly in South Korea, India, Taiwan, and Singapore.