Fidelity Global Emerging Markets Fund (FEMX) H1 2026 earnings summary

Executive summary

• Report covers the half-year ended 31 December 2025, with oversight by FIL Responsible Entity (Australia) Limited.

• Profit for the half-year was $20,440,000, up from $16,852,000 for the same period last year.

• No significant changes in the state of affairs or post-reporting period events were noted.

Financial highlights

• Total net investment income rose to $21,534,000 from $18,600,000 year-over-year.

• Net gains on financial instruments at fair value through profit or loss were $19,640,000, up from $16,658,000.

• Operating profit before income tax was $20,422,000, compared to $17,404,000 last year.

• Net assets attributable to unitholders increased to $197,285,000 from $177,310,000 at 30 June 2025.

• Cash and cash equivalents at period end were $5,269,000, up from $3,922,000 at 30 June 2025.

Capital allocation and financing

• Applications for units totaled $5,050,000, while redemptions were $5,673,000 for the half-year.

• Distributions paid from operating activities amounted to $2,848,000.

• Units issued upon reinvestment of distributions were $158,000.