# Fidelity ESG USD EM Bond UCITS ETF AccumHedged GBP (FEMP) **Page:** https://fundology.uk/fund/femp · ISIN IE00BM9GRQ71 ## At a glance > Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise. As of 13/11/2026, FEMP (Fidelity ESG USD EM Bond UCITS ETF AccumHedged GBP, ISIN IE00BM9GRQ71) closed at £5.10 on the London Stock Exchange. Its ongoing charge is 0.50% a year (about £50 on £10,000). Over the five years to 13/11/2026 its total return was +12.0%, or −12.6% after UK CPIH inflation. ## Summary Fidelity UCITS II ICAV - Fidelity ESG USD EM Bond UCITS ETF AccumHedged GBP is an exchange-traded fund (ETF) from Fidelity, launched in 2021. It tracks the No Underlying Index. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.5% a year — about £50 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you. It is currency-hedged: it aims to remove most of the effect of exchange-rate moves against the pound. Latest close: **£5.10** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | FEMP | | ISIN | IE00BM9GRQ71 | | Category | Corporate & other bonds | | Type | ETF | | Provider | Fidelity | | Income | Accumulating | | Ongoing charge | 0.50% a year (£50 per £10,000) | | Fund size | £373m | | Launched | 2021 | | Domicile | Ireland | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 25/03/2021 | ## Past returns (periods to 13/11/2026) After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after UK CPIH inflation. | Window | Return | After CPIH inflation | Measured as | |---|---|---|---| | 1 year | +0.10% | -3.44% | income reinvested | | 3 years | +23.77% | +11.82% | income reinvested | | 5 years | +11.95% | -12.62% | income reinvested | Returns: as reported (delayed data). Inflation: UK CPIH, latest month published. ## Calendar-year returns Calendar-year returns of Fidelity UCITS II ICAV - Fidelity ESG USD EM Bond UCITS ETF AccumHedged GBP in pounds (price, with income reinvested in the fund): 2022 −19.8%, 2023 +7.6%, 2024 +3.2%, 2025 +12.6%; 2026 to 13/11/2026 −1.2%. Returns of Fidelity UCITS II ICAV - Fidelity ESG USD EM Bond UCITS ETF AccumHedged GBP in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +0.4%; to 30/09/2025: +7.1%; to 30/09/2024: +14.1%; to 30/09/2023: +7.0%; to 30/09/2022: −24.6%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | -19.8% | -26.6% | Price | | 2023 | +7.6% | +3.3% | Price | | 2024 | +3.2% | -0.3% | Price | | 2025 | +12.6% | +8.8% | Price | | 2026 to 13/11/2026 | -1.2% | -4.3% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 5.32% | -4.70% | | 3 years | 5.67% | -4.70% | | 5 years | 8.53% | -27.49% | ## Largest fall Volatility of Fidelity UCITS II ICAV - Fidelity ESG USD EM Bond UCITS ETF AccumHedged GBP in pounds, annualised from weekly returns to 13/11/2026: 5.3% over 1 year, 5.7% over 3 years, 8.5% over 5 years. Largest fall in the price of Fidelity UCITS II ICAV - Fidelity ESG USD EM Bond UCITS ETF AccumHedged GBP since November 2021, in pounds: −27.5% from 31/12/2021 to 21/10/2022. The lowest 12-month return of Fidelity UCITS II ICAV - Fidelity ESG USD EM Bond UCITS ETF AccumHedged GBP in pounds (price, with income reinvested in the fund) since April 2021 was −26.7% (12 months to 21/10/2022); the highest was +16.7% (12 months to 18/10/2024). On 13/11/2026 the price of Fidelity UCITS II ICAV - Fidelity ESG USD EM Bond UCITS ETF AccumHedged GBP was 3.3% below its highest weekly close since November 2021 (26/06/2026), in pounds. ## Charges compared with similar funds Ongoing charge of Fidelity UCITS II ICAV - Fidelity ESG USD EM Bond UCITS ETF AccumHedged GBP 0.50% a year. Compared on 14/11/2026, 51 of the 427 other corporate and other bond funds charge more, 16 the same and 360 less (share classes counted once). ## Charges & eligibility - Ongoing charges figure (OCF): **0.50%** per year (as of 13/11/2026) - Stocks and shares ISA eligible: usually (check with your platform) - SIPP eligible: usually (check with your provider) - ISA and SIPP mean the kind of product usually qualifies under HMRC rules. We do not check each platform’s list — each provider decides which funds it offers. Crypto ETNs have not qualified for a stocks and shares ISA since 06/04/2026, and overseas funds that are not UK-recognised UCITS, such as Swiss ETFs, do not usually qualify. ## Questions people ask **What is the ongoing charge of FEMP?** The ongoing charge of FEMP is 0.50% a year — about £50 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of Fidelity UCITS II ICAV - Fidelity ESG USD EM Bond UCITS ETF AccumHedged GBP 0.50% a year. Compared on 14/11/2026, 51 of the 427 other corporate and other bond funds charge more, 16 the same and 360 less (share classes counted once). **Is FEMP accumulating or distributing?** FEMP is accumulating: income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you. **What is the ISIN of FEMP?** The ISIN of FEMP is IE00BM9GRQ71. An ISIN identifies one exact share class of a fund; FEMP is its ticker on the London Stock Exchange. **What were FEMP’s returns in each of the last five years?** Calendar-year returns of FEMP in pounds (price, with income reinvested in the fund): 2022 −19.8%, 2023 +7.6%, 2024 +3.2%, 2025 +12.6%; 2026 to 13/11/2026 −1.2%. Past performance is not a guide to future returns. **How has FEMP done after inflation?** Over the five years to 13/11/2026 FEMP’s total return was +12.0%, or −12.6% after UK CPIH inflation. Past performance is not a guide to future returns. --- We show information. We are not financial advisers, not authorised by the FCA, and never recommend specific investments. Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.