Fidelity Enhanced Emerging Markets ETF (FEMR)

The Fidelity Enhanced Emerging Markets ETF (FEMR) is an actively managed fund from Fidelity Investments that invests in stocks of companies in emerging markets. It seeks capital growth.

The fund relies on Fidelity's quantitative investment process, which evaluates stocks on factors such as valuation, quality and momentum, with the goal of modestly outperforming the broad emerging markets equity universe while keeping country and sector weights and overall risk close to it.

Holdings span developing economies such as China, India, Taiwan, South Korea and Brazil, with many small active tilts spread across a diversified portfolio.