Investment trust
FEML Fidelity Emerging Markets Limited Red Pref Shs GBP
ISIN GG00B4L0PD47London Stock Exchange: FEML
- Investment trusts
- Investment trust
- ISA
- SIPP
Latest close
LSE£12.06
on
As of , at least 15 min delayed
At a glance
As of 13/11/2026, FEML (Fidelity Emerging Markets Limited Red Pref Shs GBP, ISIN GG00B4L0PD47) closed at £12.06 on the London Stock Exchange. Over the five years to 13/11/2026 its price changed by +40.4% (income paid out is not included), or +9.6% after UK CPIH inflation.
Past returns
- 1 year to 13/11/2026
- +29.4%
- +24.8% after inflation (UK CPIH)
- 3 years to 13/11/2026
- +103.4%
- +83.8% after inflation (UK CPIH)
- 5 years to 13/11/2026
- +40.4%
- +9.6% after inflation (UK CPIH)
£1,000 put in five years ago would have been worth about £1,404 on 13/11/2026 — about £1,096 in today’s spending power, once price rises are taken out. Past performance is not a guide to future returns.
Returns: worked out from recorded daily closes. Inflation: UK CPIH, latest month published.
How we work it out:ReturnsReturns after inflationTotal returnReal returnCPIH
Calendar-year and 12-month returns
Calendar-year returns of Fidelity Emerging Markets Limited Red Pref Shs GBP in pounds (price only, income paid out not included): 2022 −26.7%, 2023 +2.3%, 2024 +14.1%, 2025 +54.2%; 2026 to 13/11/2026 +11.3%. Returns of Fidelity Emerging Markets Limited Red Pref Shs GBP in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: +52.1%; to 30/09/2025: +38.9%; to 30/09/2024: +16.9%; to 30/09/2023: +3.2%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| to | +11.3% | +7.7% | |
| to | +54.2% | +48.9% | |
| to | +14.1% | +10.3% | |
| +2.3% | −1.7% | ||
| −26.7% | −32.9% |
| 12 months to | Return | After inflation |
|---|---|---|
| from | +52.1% | +46.7% |
| from | +38.9% | +33.5% |
| from | +16.9% | +13.9% |
| from | +3.2% | −3.0% |
As of , inflation: UK CPIH
How we work it out:Calendar-year returnsWhat a calendar-year return isAccumulating and distributing
Risk: volatility and largest fall
Volatility (annualised)
20.0%over 5 years
| 1 year | 28.0% |
|---|---|
| 3 years | 20.0% |
| 5 years | 20.0% |
Annualised from weekly returns. Higher means bumpier.
- Largest fall since November 2021
- −32.9%
- From to
- Lowest 12-month return
- −32.3%
- 12 months to
- Highest 12-month return
- +103.0%
- 12 months to
- Below its highest weekly close since November 2021
- 21.9%
- High of , latest
In words: Volatility of Fidelity Emerging Markets Limited Red Pref Shs GBP in pounds, annualised from weekly returns to 13/11/2026: 28.0% over 1 year, 20.0% over 3 years, 20.0% over 5 years. Largest fall in the price of Fidelity Emerging Markets Limited Red Pref Shs GBP since November 2021, in pounds: −32.9% from 19/11/2021 to 28/10/2022. The lowest 12-month return of Fidelity Emerging Markets Limited Red Pref Shs GBP in pounds (price only, income paid out not included) since October 2021 was −32.3% (12 months to 14/10/2022); the highest was +103.0% (12 months to 17/04/2026). On 13/11/2026 the price of Fidelity Emerging Markets Limited Red Pref Shs GBP was 21.9% below its highest weekly close since November 2021 (26/06/2026), in pounds.
As of , price only — income paid out is not included
How we work it out:Risk figuresFallsVolatilityLargest fall
In plain English
Fidelity Emerging Markets Limited Red Pref Shs GBP is an investment trust.
You buy and sell it through a share-dealing account or platform during stock-market hours, like a share.
Investment trusts: Companies on the stock exchange that invest in other assets. Their share price can be above or below the value of what they own.
Key facts
- Ticker
- FEML
- ISIN
- GG00B4L0PD47
- Structure
- Investment trust
- A company listed on the stock exchange that invests in other assets; its price can differ from the value of what it holds.
- Domicile
- Guernsey
- Can usually be held in
- ISA and SIPP
- Check with your platform: each decides which funds it offers.
- Currency hedged
- No
- Price currency
- Pounds (GBP)
- Category
- Investment trusts
Price chart
Over the last year, the closing price went from £9.83 on 14/11/2025 to £12.06 on 13/11/2026 (+22.7%). The lowest close shown was £9.78 on 21/11/2025 and the highest £15.44 on 26/06/2026.
One close a week. Before 31/07/2026 the closes are from the weekly price history for this listing; from then on, the closing prices we have recorded. Price only — income paid out is not included.
As of , at least 15 min delayed
Five years of prices, and after inflation
262 weekly closes, from 12/11/2021 to 13/11/2026. The same history in November 2026 pounds, adjusted with CPIH inflation.
Create a free account to see the 5-year price chart and the after-inflation chart
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How we work it out:Prices and returnsNAV and price
Risk and return in depth
Sharpe, Sortino and Calmar ratios
Sharpe, Sortino and Calmar ratios over 1, 3 and 5 years, from weekly returns in pounds.
With a free accountRolling returns
The full range of 215 rolling 12-month returns since October 2021, and of 111 rolling three-year returns, in pounds, with how often they were above zero.
With a free accountLargest falls and recoveries
The 3 largest falls since November 2021, in pounds, with how many weeks each took to reach its low and to recover.
With a free account
Create a free account to see the risk ratios, every rolling return and each large fall and its recovery
Sign-up takes an email address. There is no card to enter and nothing to pay.
Moves compared with a similar fund
Correlation and beta of weekly returns in pounds against iShares Core MSCI EM IMI UCITS ETF, over the three years to 13/11/2026 (156 weeks).
Pro
Pro — currently by invitation
Pro includes moves against a comparable fund
Pro is open by invitation while it is being built. There is nothing to buy. To ask about access, email [email protected].
Questions people ask
What is the ISIN of FEML?
The ISIN of FEML is GG00B4L0PD47. An ISIN identifies one exact share class of a fund; FEML is its ticker on the London Stock Exchange.
What were FEML’s returns in each of the last five years?
Calendar-year returns of FEML in pounds (price only, income paid out not included): 2022 −26.7%, 2023 +2.3%, 2024 +14.1%, 2025 +54.2%; 2026 to 13/11/2026 +11.3%. Past performance is not a guide to future returns.
How has FEML done after inflation?
Over the five years to 13/11/2026 FEML’s price changed by +40.4% (income paid out is not included), or +9.6% after UK CPIH inflation. Past performance is not a guide to future returns.
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Fund documents and methods
Methodology:ReturnsCategoriesAll methods
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