Semi-Annual Report and Accounts - chartbook.fid-intl.com

Fidelity
Funds
Institutional Emerging Markets Equity Fund 1
Schedule of Investments as at 31 October 2012
Country Ccy Shares or Market % Net
Code Nominal Value Assets
USD
Securities Admitted to or Dealt on an Official Stock Exchange
Energy
Surgutneftegas (Pref’d) RU USD 11,632,523 7,205,695 2.40
CNOOC CN HKD 2,222,167 4,594,961 1.53
Ophir Energy GB GBP 508,166 4,545,218 1.51
PTT (F) TH THB 330,886 3,411,146 1.14
Anadarko Petroleum US USD 32,433 2,221,971 0.74
Africa Oil CA CAD 155,644 1,540,271 0.51
Tullow Oil GB GBP 50,962 1,154,143 0.38
24,673,405 8.21
Utilities
China Resources Gas Group HK HKD 1,412,520 3,120,755 1.04
ENN Energy Holdings CN HKD 495,046 2,054,384 0.68
5,175,139 1.72
Materials
First Quantum Minerals CA CAD 264,435 5,961,410 1.98
Harmony Gold Mining ZA ZAR 689,810 5,644,633 1.88
Korea Zinc KR KRW 7,931 3,235,496 1.08
Volcan Cia Minera (B) PE PEN 1,664,904 1,669,398 0.56
Polymetal International RU GBP 84,230 1,513,553 0.50
Exxaro Resources ZA ZAR 17,290 345,636 0.12
18,370,126 6.11
Industrials
Orion (South Korea) KR KRW 1,912 1,796,272 0.60
Copa Holdings (A) PA USD 16,934 1,545,406 0.51
Wilson Bayly Holmes-Ovcon ZA ZAR 87,899 1,439,148 0.48
Hutchison Port Holdings Trust SG USD 1,843,237 1,432,509 0.48
6,213,335 2.07
Information Technology
Samsung Electronics KR KRW 16,140 19,241,379 6.40
Baidu ADR CN USD 78,675 8,496,940 2.83
Tencent Holdings CN HKD 231,007 8,129,349 2.71
Taiwan Semiconductor Manufacturing TW TWD 2,099,724 6,329,548 2.11
Hon Hai Precision Industry TW TWD 1,346,341 4,058,500 1.35
Check Point Software Technologies IL USD 71,320 3,158,061 1.05
Lenovo Group CN HKD 3,508,408 2,802,053 0.93
AAC Technologies Holdings CN HKD 758,939 2,696,260 0.90
NCSoft KR KRW 8,070 1,546,597 0.51
Novatek Microelectronics TW TWD 252,839 945,199 0.31
57,403,886 19.11
Consumer Discretionary
Naspers (N) ZA ZAR 185,994 12,063,198 4.02
Hyundai Motor KR KRW 50,670 10,394,945 3.46
Galaxy Entertainment Group HK HKD 1,392,162 4,732,893 1.58
Great Wall Motor (H) CN HKD 1,201,078 3,285,717 1.09
Giant Manufacturing TW TWD 503,395 2,583,286 0.86
Techtronic Industries HK HKD 1,152,363 2,178,362 0.73
Grand Korea Leisure KR KRW 75,865 2,132,929 0.71
Sands China CN HKD 525,154 1,966,096 0.65
PCD Stores Group CN HKD 11,507,685 1,078,922 0.36
40,416,348 13.45
Consumer Staples
SABMiller GB GBP 229,422 9,823,478 3.27
LG Household & Health Care KR KRW 9,638 5,656,223 1.88
KT&G KR KRW 74,602 5,641,541 1.88
Fomento Economico Mexicano ADR MX USD 57,276 5,161,116 1.72
China Mengniu Dairy HK HKD 1,666,954 5,031,189 1.67
Shoprite Holdings ZA ZAR 225,895 4,640,708 1.54
Nigerian Breweries NG NGN 5,955,085 4,592,201 1.53
AVI ZA ZAR 568,217 3,743,547 1.25
Want Want China Holdings CN HKD 2,673,712 3,639,986 1.21
Cia Brasileira de Dist. Grupo Pao de Acucar (Pref’d) BR BRL 57,041 2,619,817 0.87
East African Breweries KE KES 814,631 2,295,814 0.76
Yantai Changyu Pioneer Wine (B) CN HKD 422,264 2,140,722 0.71
Hengan International Group CN HKD 224,647 2,034,720 0.68
Amorepacific KR KRW 1,008 1,145,718 0.38
58,166,780 19.36
Healthcare
Dr Reddy’s Laboratories IN INR 82,390 2,681,207 0.89
2,681,207 0.89
462
Telecommunication Services
MTN Group ZA ZAR 454,125 8,180,326 2.72
America Movil (L) ADR MX USD 320,669 8,112,927 2.70
Philippine Long Distance Telephone PH PHP 38,392 2,474,771 0.82
Sistema JSFC RU USD 2,096,406 1,577,218 0.52
Far EasTone Telecommunications TW TWD 578,574 1,325,274 0.44
Mobile Telesystems ADR RU USD 67,817 1,148,818 0.38
22,819,334 7.60
Financials
Bank Rakyat Indonesia Persero ID IDR 8,244,657 6,335,062 2.11
AIA Group HK HKD 1,434,980 5,658,007 1.88
Industrial & Commercial Bank of China (H) CN HKD 6,505,792 4,267,965 1.42
Remgro ZA ZAR 212,281 3,632,150 1.21
Bangkok Bank (Honk Kong) (F) TH THB 584,096 3,424,731 1.14
Housing Development Finance IN INR 219,332 3,092,428 1.03
CIMB Group Holdings MY MYR 1,168,988 2,915,734 0.97
BM&FBovespa BR BRL 398,233 2,572,280 0.86
Bank Central Asia ID IDR 3,006,718 2,560,078 0.85
Korean Reinsurance KR KRW 239,682 2,346,873 0.78
Samsung Fire & Marine Insurance KR KRW 9,668 2,107,008 0.70
SberBank of Russia (Pref’d) RU USD 985,011 2,074,485 0.69
Discovery Holdings ZA ZAR 253,946 1,624,486 0.54
Zenith Bank NG NGN 12,579,838 1,442,315 0.48
China Liansu Group Holdings CN HKD 2,351,636 1,372,903 0.46
CNinsure ADR CN USD 196,598 1,140,268 0.38
Global Logistic Properties SG SGD 348,439 729,929 0.24
Banco do Estado do Rio Grande do Sul (Pref’d) (B) BR BRL 73,441 577,777 0.19
Guaranty Trust Bank NG NGN 3,731,775 470,122 0.16
48,344,601 16.09
Securities Admitted to or Dealt on Other Regulated Markets
Energy
Eurasia Drilling GDR CY USD 130,584 4,518,190 1.50
4,518,190 1.50
Financials
Guaranty Trust Bank GDR NG USD 390,654 2,422,052 0.81
Grupo de Inversiones Suramericana CO COP 85,294 1,650,065 0.55
4,072,117 1.36
Open Ended Fund
Fidelity Institutional Liquidity Fund - A-ACC-USD IE USD 1 941 0.00
941 0.00
Unlisted
Country Ccy Shares or Market % Net
Code Nominal Value Assets
USD
Telecommunication Services
Total Access Communication NVDR TH THB 527,434 1,486,202 0.49
1,486,202 0.49
Total Investments (Cost USD 285,819,147) 294,341,611 97.97
Other Assets and Liabilities 6,095,786 2.03
Net Assets 300,437,397 100.00
A full list of footnotes is given on page 6.
The accompanying notes to the financial statements form an integral part of these financial statements. The percentage of net assets in the schedule of investments and in the geographical split is subject to rounding.