Fidelity SAI Emerging Markets Index Fund (FERGX)

Overview

The fund is strategically designed to primarily invest at least 80% of its assets in securities that are part of the MSCI Emerging Markets Index, as well as in depositary receipts that reflect these securities. The investment strategy focuses on using statistical sampling techniques to align the fund's performance closely with the index's returns. Key factors such as market capitalization, industry exposures, dividend yields, price-earnings (P/E) ratios, price-book (P/B) ratios, earnings growth potential, and country weightings are meticulously analyzed by the advisor to achieve this replication. Additionally, the fund enhances its income through the practice of lending securities, which further optimizes the overall returns for its investors.

Products and Services

• MSCI Emerging Markets Index Investments

  The fund predominantly invests in securities that are constituents of the MSCI Emerging Markets Index. This ensures that investors gain exposure to a diverse range of companies operating in emerging market economies.

• Statistical Sampling Techniques

  The advisor employs sophisticated statistical sampling methods to select a representative sample of securities from the index, allowing for effective investment while managing risks and costs associated with full replication.

• Securities Lending

  To generate additional income for the fund, securities held in the portfolio may be lent out to other financial institutions. This practice not only helps to enhance the fund's returns but also provides liquidity to the markets.

• Diverse Investment Metrics

  Investments are assessed based on a variety of important metrics such as capitalization, industry sector, dividend yield, and various ratios (P/E, P/B) that gauge financial health and growth potential. This comprehensive analysis supports informed decision-making and strategic planning.

• Country Weightings

  The fund carefully considers the weightings of different countries represented in the MSCI Emerging Markets Index, providing investors with exposure aligned with global economic trends and regional performances.