FEDAX — Fidelity Emerging Markets Discovery Fund
Data updated: 2026-06-26
FEDAX — Fidelity Emerging Markets Discovery Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. Emerging Markets Consumer Discretionary Equity · $1.49B AUM · 1.26% expense ratio · 47.6% 1-yr return. From SEC regulatory filings.
FEDAX Fund Overview
FEDAX — Fidelity Emerging Markets Discovery Fund is a US mutual fund managed by Fidelity Investment Trust, categorised as Emerging Markets Consumer Discretionary Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Fidelity Investment Trust
- Category: Emerging Markets Consumer Discretionary Equity
- Assets under management: $1.49B
- 1-year return: 47.6%
- Ticker: FEDAX
- SEC CIK: 0000744822
- SEC series ID: S000034264
- Share class ID: C000105578
FEDAX Holdings
Top 10 holdings of Fidelity Emerging Markets Discovery Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Unimicron Technology Corp. | 3.00% |
| Chroma Ate, Inc. | 2.20% |
| Bizlink Holding, Inc. | 2.16% |
| Aspeed Technology, Inc. | 1.85% |
| Sasol Ltd. | 1.72% |
| Ememory Technology, Inc. | 1.62% |
| First Resources Ltd. | 1.48% |
| Prio SA | 1.48% |
| Yageo Corp. | 1.45% |
| Airtac International Group | 1.40% |
FEDAX Portfolio Allocation
Asset-class allocation of Fidelity Emerging Markets Discovery Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 98.9% |
| Cash & Equivalents | 2.0% |
FEDAX Performance
Total returns for FEDAX (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 17.5% |
| 1 year | 47.6% |
| 3 years (annualised) | -23.3% |
| 5 years (annualised) | -36.7% |
FEDAX Risk Information
Risk metrics for FEDAX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 16.9%
FEDAX Costs and Fees
FEDAX costs about $126 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.26%
- Gross expense ratio: 1.26%
- Portfolio turnover: 38%
- Brokerage commissions: 10.07 bps of average net assets (SEC N-CEN)
FEDAX Cashflows
Over the 12 months to 2026-04, Fidelity Emerging Markets Discovery Fund had net inflows of $33.01M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-04 | $7.78M |
| 2026-03 | $3.49M |
| 2026-02 | $30.11M |
| 2026-01 | $7.70M |
| 2025-12 | $50.53M |
| 2025-11 | −$21.21M |
FEDAX Debt Constituents
No individual debt constituents are reported in Fidelity Emerging Markets Discovery Fund's latest SEC N-PORT filing.
FEDAX Prospectus and SEC Filings
Official Fidelity Emerging Markets Discovery Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other Emerging Markets Consumer Discretionary Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.