Fidelity Investment Trust - Fidelity Total Emerging Markets Fund
FTEMX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- 245 Summer Street Boston MA United States of America 02210
- IPO Date
- Nov 2, 2011
- CIK
- 0000744822
- Similar Companies
- Business
- Fidelity Total Emerging Markets Fund (FTEMX) is an open-end mutual fund managed by Fidelity Investments that seeks capital appreciation by investing primarily in equity securities of emerging market issuers. The fund offers diversified exposure to emerging markets through common stocks, preferred stocks, depositary receipts, and other equity-related instruments; it may also allocate up to 20% of assets to debt securities, including government and corporate bonds, convertible securities, and money market instruments for liquidity and income purposes. Fidelity Investments, founded in 1946 and headquartered in Boston, Massachusetts, serves institutional and retail investors globally, with operations spanning North America, Europe, Asia-Pacific, and Latin America. The fund targets companies across various sectors in emerging economies, including China, India, Brazil, Taiwan, and South Africa, focusing on large-, mid-, and small-cap issuers with growth potential. It employs a bottom-up investment approach, emphasizing fundamental analysis of financial health, management quality, and market positioning, supplemented by quantitative screens and macroeconomic oversight. Assets under management fluctuate with market conditions, catering to long-term investors seeking higher risk-adjusted returns from developing regions. Recent developments include a strategic shift in 2024 toward enhanced ESG integration in portfolio construction, aligning with Fidelity's broader sustainability initiatives; the fund also benefited from a major portfolio rebalancing in early 2025 amid volatile emerging market dynamics, incorporating increased allocations to technology and consumer sectors in Southeast Asia. In late 2024, Fidelity announced a partnership with local asset managers in India and Brazil to improve on-the-ground research capabilities, enhancing alpha generation. No significant acquisitions, funding rounds, or name changes have occurred for FTEMX in the past two years, maintaining its core mandate under lead manager John Dance.