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HEMAX Henderson Emerging Markets A

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Fund HEMAX Henderson Emerging Markets A FEDDX Fidelity® Emerging Markets Discovery  
Similarity
?
100% 87%
Annual Fees
?
$189.97
(1.80% Exp. Ratio)
$153.03
(1.45% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 5.54% annual return
$29,200.36 $32,489.46
Est. savings over 30 yrs +$3,289.10
Return
As of 10/31/16
1 YR RETURN 10.86%
3 YR 0.34%
5 YR 3.10%
10 YR --
1 YR RETURN 13.19%
3 YR 0.80%
5 YR --
10 YR --
Description
The investment seeks to achieve long-term growth of capital. The fund invests at least 80% of its net assets in equity securities of companies in emerging market countries. It may invest no more than 20% of its net assets in the securities of issuers in developed market countries. The fund may also invest a portion of its assets (i.e., more than 25% of its assets) in issuers in a single country or a limited number of countries and may invest up to 15% of its net assets in illiquid securities.
The investment seeks capital appreciation. The fund invests at least 80% of assets in securities of issuers in emerging markets (countries that have an emerging stock market as defined by MSCI, countries or markets with low- to middle-income economies as classified by the World Bank, and other countries or markets with similar emerging characteristics) and other investments that are tied economically to emerging markets. It normally invests primarily in common stocks.

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The fees, balance and savings information above are estimated numbers, based on the data FeeX had at the day of publication, but may not be accurate due to incomplete or erroneous data.

The best choice is based on a combined analysis of lowest fees and highest similarity to the original fund.

Similarity

FeeX's similarity algorithm analyzes over 15 investment characteristics like investment category, asset allocation, strategy, geographical allocation and more. FeeX gives each its own weight and calculates the similarity of any two investments based on a scale of 0 to 100%. Funds with a similarity ranking of 85% and higher are considered "similar".

Yes, funds and ETFs charge fees

Deep within every fund you own lies a hidden fee called expense ratio. It takes away a set % of your savings each and every year. It can often be easily reduced by switching to similar investments with lower expense ratios.

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