Many consumers probably don’t realise the importance emerging markets play in their everyday lives. Not only as providers of the raw materials powering their favourite high-tech devices, but also as drivers of innovation in areas such as electric vehicles, green energy and as providers of information technology (IT) services.
A significant part of the next billion of middle class consumers will come from emerging markets, which we believe will continue to drive both consumption growth and ‘premiumisation’ (the emphasis on producing premium, higher-quality products with pricing power over cheaper, often inferior goods). Rapid technological changes have also opened up a diverse set of opportunities in emerging markets for investors.
Fidelity Emerging Markets Limited (LON:FEML) is an investment trust that aims to achieve long-term capital growth from an actively managed portfolio made up primarily of securities and financial instruments providing exposure to emerging markets companies, both listed and unlisted.
