Semi-Annual Report and Accounts - chartbook.fid-intl.com
Semi-Annual Report and Accounts - chartbook.fid-intl.com
Semi-Annual Report and Accounts - chartbook.fid-intl.com
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Fidelity<br />
Funds<br />
Emerging Market Debt Fund<br />
Schedule of Investments as at 31 October 2012<br />
Country Ccy Shares or Market % Net<br />
Code Nominal Value Assets<br />
USD<br />
Securities Admitted to or Dealt on an Official Stock Exchange<br />
Energy<br />
Petroleos de Venezuela 9.75% 17/05/2035 144A VE USD 10,000,000 8,234,669 0.78<br />
Petroleos de Venezuela 12.75% 17/02/2022 144A VE USD 6,860,000 7,121,709 0.68<br />
Pemex Project Funding MT 8.625% 01/02/2022 US USD 4,900,000 6,419,000 0.61<br />
Petrobras International Finance 5.375% 27/01/2021 KY USD 4,850,000 5,514,874 0.52<br />
Petroleos de Venezuela 5.375% 12/04/2027 VE USD 7,775,000 4,890,700 0.47<br />
Pertamina Persero 5.25% 23/05/2021 144A ID USD 4,190,000 4,692,800 0.45<br />
Petroleos de Venezuela 8.00% 17/11/2013 Reg S VE USD 4,000,000 4,027,650 0.38<br />
Petrobras International Finance 5.75% 20/01/2020 KY USD 3,220,000 3,712,861 0.35<br />
Naftogaz Ukraine 9.50% 30/09/2014 UA USD 3,570,000 3,648,465 0.35<br />
Georgian Oil & Gas 6.875% 16/05/2017 144A GE USD 2,500,000 2,587,500 0.25<br />
Pertamina Persero 4.875% 03/05/2022 144A ID USD 1,500,000 1,622,250 0.15<br />
Gaz Capital (Gazprom) 6.51% 07/03/2022 144A LU USD 1,235,000 1,453,379 0.14<br />
KazMunayGas National 6.375% 09/04/2021 144A KZ USD 1,140,000 1,362,300 0.13<br />
KazMunayGas National 7.00% 05/05/2020 144A KZ USD 960,000 1,179,600 0.11<br />
Pertamina Persero 6.50% 27/05/2041 144A ID USD 900,000 1,077,750 0.10<br />
SOCAR 5.45% 09/02/2017 AZ USD 600,000 648,002 0.06<br />
58,193,509 5.54<br />
Utilities<br />
Comision Federal de Electric. 5.75% 14/02/2042 144A MX USD 5,540,000 6,337,760 0.60<br />
Perusahaan Listrik Negar 5.25% 24/10/2042 144A ID USD 5,000,000 5,128,125 0.49<br />
Rushydro Finance (Rushydro) 7.875% 28/10/2015 EMTN IE RUB 116,600,000 3,679,293 0.35<br />
Eskom Holdings Limited 5.75% 26/01/2021 Reg S ZA USD 2,830,000 3,142,125 0.30<br />
Majapahit Holding 7.875% 29/06/2037 Reg S NL USD 2,075,000 2,851,180 0.27<br />
Cia Saneamento Basico 6.25% 16/12/2020 144A BR USD 2,415,000 2,632,350 0.25<br />
Perusahaan Listrik Negar 5.50% 22/11/2021 Reg S ID USD 1,700,000 1,921,546 0.18<br />
25,692,379 2.45<br />
Materials<br />
ALROSA Finance 8.875% 17/11/2014 Reg S LU USD 5,800,000 6,435,280 0.61<br />
Vedanta Resources Jersey 4.00% 30/03/2017 GB USD 3,700,000 3,677,800 0.35<br />
Evraz Group 8.25% 10/11/2015 144A LU USD 1,900,000 2,063,861 0.20<br />
Vedanta Resources Jersey 5.50% 13/07/2016 GB USD 2,000,000 1,990,000 0.19<br />
ALROSA Finance 7.75% 03/11/2020 144A LU USD 1,700,000 1,949,104 0.19<br />
Vale 5.625% 11/09/2042 BR USD 1,700,000 1,816,488 0.17<br />
Mongolian Mining 8.875% 29/03/2017 144A KY USD 1,500,000 1,539,375 0.15<br />
Sino-Forest 10.25% 28/07/2014 Reg S (Defaulted) CA USD 660,000 105,606 0.01<br />
19,577,514 1.86<br />
Industrials<br />
Kazakhstan Temir Zholy Finance 6.95% 10/07/2042 Reg S NL USD 6,000,000 7,305,000 0.70<br />
Transnet SOC 4.00% 26/07/2022 144A ZA USD 2,280,000 2,285,802 0.22<br />
Grupo ICE 6.95% 10/11/2021 144A CR USD 1,590,000 1,778,240 0.17<br />
SCF Capital 5.375% 27/10/2017 144A IE USD 1,595,000 1,611,951 0.15<br />
Kazakhstan Temir Zholy 6.375% 06/10/2020 144A NL USD 1,325,000 1,596,625 0.15<br />
RZD Capital 5.70% 05/04/2022 Reg S IE USD 1,300,000 1,445,513 0.14<br />
Georgian Railway 7.75% 11/07/2022 144A GE USD 760,000 856,235 0.08<br />
16,879,366 1.61<br />
Consumer Discretionary<br />
TV Azteca 7.50% 25/05/2018 Reg S MX USD 1,500,000 1,578,762 0.15<br />
1,578,762 0.15<br />
Tele<strong>com</strong>munication Services<br />
VIP Finance (VimpelCom) 7.748% 02/02/2021 144A IE USD 6,390,000 7,020,597 0.67<br />
VIP Finance (VimpelCom) 9.125% 30/04/2018 Reg S IE USD 5,000,000 5,880,375 0.56<br />
MTS Internation Funding 8.625% 22/06/2020 144A IE USD 2,875,000 3,565,599 0.34<br />
Indosat Palapa Co 7.375% 29/07/2020 144A NL USD 1,565,000 1,780,285 0.17<br />
18,246,856 1.74<br />
Financials<br />
Banco Nacional de Desenvolv. 5.50% 12/07/2020 144A BR USD 8,850,000 10,631,505 1.01<br />
T & D Bank of Mongolia 8.50% 25/10/2013 Reg S MN USD 7,599,000 7,788,975 0.74<br />
IBRD 8.00% 20/06/2013 EMTN 99 NGN 896,000,000 5,586,817 0.53<br />
Indo Energy Finance 7.00% 07/05/2018 144A NL USD 3,300,000 3,432,000 0.33<br />
RSHB (Russian Agri. Bank) 6.00% VRN 03/06/2021 144A LU USD 3,200,000 3,386,016 0.32<br />
Magnesita Finance 8.625% (Perpetual) 144A BR USD 3,040,000 3,207,200 0.31<br />
VEB Finance (VEB) 6.025% 05/07/2022 144A IE USD 2,750,000 3,091,275 0.29<br />
IBRD 8.20% 12/12/2012 99 NGN 400,000,000 2,506,203 0.24<br />
Aquarius Invest. (Azerbaijan Railways) 8.25% 18/02/2016 LU USD 2,270,000 2,463,498 0.23<br />
Oversea-Chinese Banking 3.15% VRN 11/03/2023 144A SG USD 2,450,000 2,463,371 0.23<br />
BBVA Paraguay 9.75% 11/02/2016 144A PY USD 2,100,000 2,257,500 0.21<br />
Halyk Savings Bank Kazakhstan 9.25% 16/10/2013 144A KZ USD 1,700,000 1,793,500 0.17<br />
Biz Finance (Ukreximbank) 8.375% 27/04/2015 Reg S GB USD 1,705,000 1,679,226 0.16<br />
Bank of Georgia Jsc 7.75% 05/07/2017 144A GE USD 1,600,000 1,632,000 0.16<br />
Bank of Ceylon 6.875% 03/05/2017 144A LK USD 1,500,000 1,618,312 0.15<br />
VEB Finance (VEB) 6.80% 22/11/2025 144A IE USD 1,325,000 1,573,438 0.15<br />
African Export-Import Bank 8.75% 13/11/2014 EMTN 99 USD 1,390,000 1,542,611 0.15<br />
218<br />
Country Ccy Shares or Market % Net<br />
Code Nominal Value Assets<br />
USD<br />
VEB Finance (VEB) 5.45% 22/11/2017 144A IE USD 920,000 1,010,859 0.10<br />
SSB #1 (Oschadbank) 8.25% 10/03/2016 GB USD 550,000 527,885 0.05<br />
Bulgaria Steel Finance 12.00% 04/05/2013 (Defaulted)* NL EUR 300,000 4 0.00<br />
58,192,195 5.54<br />
Government<br />
Brazil 5.625% 07/01/2041 BR USD 22,285,000 28,641,239 2.73<br />
Russian Federation 5.625% 04/04/2042 144A RU USD 18,700,000 22,591,657 2.15<br />
Colombia 10.375% 28/01/2033 CO USD 8,070,000 14,870,992 1.42<br />
Russia Foreign Bond 7.50% 31/03/2030 Reg S RU USD 10,842,250 13,728,999 1.31<br />
Pol<strong>and</strong> 3.00% 17/03/2023 PL USD 13,700,000 13,539,025 1.29<br />
Turkey 7.375% 05/02/2025 TR USD 10,300,000 13,531,882 1.29<br />
Philippines 9.50% 02/02/2030 PH USD 7,370,000 12,873,242 1.23<br />
Colombia 6.125% 18/01/2041 CO USD 8,700,000 11,896,380 1.13<br />
Indonesia 8.50% 12/10/2035 144A ID USD 6,930,000 11,109,033 1.06<br />
Venezuela 12.75% 23/08/2022 Reg S VE USD 10,245,000 10,978,798 1.04<br />
Slovenia 5.50% 26/10/2022 144A SI USD 10,000,000 10,054,000 0.96<br />
Argentina 7.00% 12/09/2013 AR USD 10,255,000 9,826,854 0.94<br />
Romania 6.75% 07/02/2022 144A RO USD 8,172,000 9,476,966 0.90<br />
Ukraine 9.25% 24/07/2017 144A UA USD 8,250,000 9,010,402 0.86<br />
Turkey 6.00% 14/01/2041 TR USD 6,975,000 8,237,764 0.78<br />
Lithuania 6.625% 01/02/2022 144A LT USD 5,750,000 7,126,406 0.68<br />
Turkey 5.625% 30/03/2021 TR USD 6,075,000 7,078,626 0.67<br />
Belarus 8.95% 26/01/2018 BY USD 6,910,000 6,872,572 0.65<br />
Indonesia 7.75% 17/01/2038 144A ID USD 4,465,000 6,776,084 0.64<br />
Lebanon 4.00% 31/12/2017 EMTN LB USD 6,820,000 6,724,094 0.64<br />
Philippines 6.375% 23/10/2034 PH USD 4,610,000 6,421,827 0.61<br />
Turkey 5.125% 25/03/2022 TR USD 5,700,000 6,413,688 0.61<br />
Turkey 6.875% 17/03/2036 TR USD 4,890,000 6,312,256 0.60<br />
Peru 8.75% 21/11/2033 PE USD 3,510,000 6,184,883 0.59<br />
Mexico 5.75% 12/10/2110 MX USD 5,230,000 6,159,632 0.59<br />
Hungary 4.75% 03/02/2015 HU USD 5,830,000 5,992,220 0.57<br />
Russia Foreign Bond 12.75% 24/06/2028 Reg S RU USD 3,030,000 5,992,204 0.57<br />
Hungary 7.625% 29/03/2041 HU USD 5,000,000 5,965,470 0.57<br />
Uruguay 7.625% 21/03/2036 UY USD 3,590,000 5,587,835 0.53<br />
Indonesia 5.25% 17/01/2042 144A ID USD 4,670,000 5,382,175 0.51<br />
South Africa 6.25% 08/03/2041 ZA USD 4,000,000 5,152,876 0.49<br />
Qatar 3.125% 20/01/2017 144A QA USD 4,520,000 4,790,432 0.46<br />
Brazil 10.125% 15/05/2027 BR USD 2,585,000 4,692,809 0.45<br />
Peru 5.625% 18/11/2050 PE USD 3,530,000 4,602,802 0.44<br />
Turkey 7.00% 11/03/2019 TR USD 3,640,000 4,481,841 0.43<br />
Philippines 10.625% 16/03/2025 PH USD 2,510,000 4,419,953 0.42<br />
Sri Lanka 6.25% 04/10/2020 144A LK USD 3,545,000 3,998,388 0.38<br />
Vietnam 6.75% 29/01/2020 144A VN USD 3,400,000 3,948,964 0.38<br />
Indonesia 6.625% 17/02/2037 144A ID USD 2,815,000 3,775,619 0.36<br />
Icel<strong>and</strong> 5.875% 11/05/2022 144A IS USD 3,320,000 3,610,367 0.34<br />
Russian Federation 4.50% 04/04/2022 144A RU USD 3,200,000 3,585,792 0.34<br />
Pol<strong>and</strong> 5.00% 23/03/2022 PL USD 3,000,000 3,507,326 0.33<br />
Lebanon 6.60% 27/11/2026 LB USD 3,350,000 3,408,625 0.32<br />
Turkey 7.00% 05/06/2020 TR USD 2,640,000 3,307,656 0.31<br />
Latvia 5.25% 16/06/2021 144A LV USD 2,900,000 3,295,096 0.31<br />
Argentina 8.28% 31/12/2033 AR USD 4,855,224 3,254,336 0.31<br />
Ivory Coast 3.75% 31/12/2032 Reg S CI USD 3,540,000 3,203,700 0.30<br />
Venezuela 9.375% 13/01/2034 VE USD 3,325,000 2,965,900 0.28<br />
Croatia 6.375% 24/03/2021 144A HR USD 2,565,000 2,922,497 0.28<br />
Venezuela 8.50% 08/10/2014 VE USD 2,830,000 2,891,552 0.28<br />
Croatia 6.25% 27/04/2017 144A HR USD 2,550,000 2,801,812 0.27<br />
Lebanon 6.10% 04/10/2022 EMTN LB USD 2,750,000 2,799,844 0.27<br />
South Africa 4.665% 17/01/2024 ZA USD 2,475,000 2,739,258 0.26<br />
Brazil 8.25% 20/01/2034 BR USD 1,645,000 2,733,373 0.26<br />
Brazil 12.25% 06/03/2030 BR USD 1,290,000 2,668,558 0.25<br />
Hungary 6.375% 29/03/2021 HU USD 2,250,000 2,523,868 0.24<br />
Argentina 2.50% 31/12/2038 AR USD 7,295,000 2,438,354 0.23<br />
Lebanon 11.625% 11/05/2016 Reg S LB USD 1,980,000 2,423,025 0.23<br />
Turkey 7.25% 05/03/2038 TR USD 1,595,000 2,164,415 0.21<br />
Turkey 7.50% 07/11/2019 TR USD 1,660,000 2,115,960 0.20<br />
Philippines 5.00% 13/01/2037 PH USD 1,710,000 2,042,091 0.19<br />
El Salvador 7.625% 01/02/2041 144A SV USD 1,750,000 2,034,375 0.19<br />
Namibia 5.50% 03/11/2021 144A NA USD 1,800,000 2,027,808 0.19<br />
Indonesia 6.875% 17/01/2018 144A ID USD 1,600,000 1,957,784 0.19<br />
Republic Of Guatemala 5.75% 06/06/2022 144A GT USD 1,650,000 1,897,500 0.18<br />
Latvia 5.25% 22/02/2017 144A LV USD 1,700,000 1,878,500 0.18<br />
Brazil 8.875% 15/04/2024 BR USD 1,145,000 1,854,900 0.18<br />
Indonesia 11.625% 04/03/2019 144A ID USD 1,185,000 1,801,520 0.17<br />
Venezuela 7.00% 31/03/2038 Reg S VE USD 2,350,000 1,693,704 0.16<br />
Turkey 8.00% 14/02/2034 TR USD 1,070,000 1,537,269 0.15<br />
Colombia 4.375% 12/07/2021 CO USD 1,300,000 1,497,600 0.14<br />
Israel 4.00% 30/06/2022 IL USD 1,300,000 1,395,062 0.13<br />
Bolivia Government 4.875% 29/10/2022 144A BO USD 1,195,000 1,200,975 0.11<br />
Venezuela 7.65% 21/04/2025 VE USD 1,350,000 1,068,728 0.10<br />
El Salvador 7.65% 15/06/2035 Reg S SV USD 885,000 1,026,600 0.10<br />
Jordan 3.875% 12/11/2015 Reg S JO USD 1,000,000 980,000 0.09<br />
South Africa 5.875% 30/05/2022 ZA USD 750,000 914,109 0.09<br />
Uruguay 7.875% 15/01/2033 UY USD 550,000 853,875 0.08<br />
*Security with price determined by the Directors.<br />
The ac<strong>com</strong>panying notes to the financial statements form an integral part of these financial statements. The percentage of net assets in the schedule of investments <strong>and</strong> in the geographical split is subject to rounding.
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