Fidelity Emerging Asia
What’s Hindered FSEAX’s Rise Year-to-Date in 2016?
The Fidelity Emerging Asia Fund (FSEAX) has emerged as a below-average performer among the nine funds in this review YTD (year-to-date) in 2016.
A Look at FSEAX’s Portfolio Moves Year-to-Date in 2016
FSEAX is focused on two sectors: financials and information technology. These two sectors combine to form 54% of the fund’s portfolio.
FSEAX Sees a Superior Consistency of Returns
FSEAX is invested in the stocks of companies such as Korea Electric Power, KB Financial Group, China Life Insurance, and TAL Education Group.
Fundamental Facts about FSEAX
As stated in FSEAX’s literature, financials were the single-largest sectoral holding of the fund and formed 30.8% of the portfolio as of January 2016.