Fidelity Emerging Markets Discovery Fd (FEDDX)
Stock analysis · NASDAQ · Financial Services · Asset Management
Fidelity Emerging Markets Discovery Fd (FEDDX) is a publicly traded company in the Financial Services sector. Latest price: $22.55. Market cap $1.52B. Sign in to Stocks360 for full DCF valuation, fundamentals, technicals, and AI-driven analysis.
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About Fidelity Emerging Markets Discovery Fd
This fund primarily allocates at least 80% of its assets to financial instruments issued by companies or entities operating in developing economies. These "emerging markets" are identified through several criteria: countries classified by MSCI as having developing stock markets, nations designated as low- or middle-income economies by the World Bank, or other regions displaying similar growth characteristics. Additionally, the fund may invest in other assets that are economically linked to these nascent markets. Its principal investment strategy typically concentrates on ordinary shares.
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