"Fidelity Emerging Markets Quality Income UCITS ETF - Acc USD" is an exchange-traded investment fund (ETF). It refers to the Fidelity Emerging Markets Quality Income Index. This index reflects the development of Emerging Marketsstocks with high dividend yield . The ETF replicates its index using full physical replication, so it contains all the securities of its reference index. The ETF's earnings (dividends) are automatically reinvested (accumulated). The fund company Fidelity ETF claims a total expense ratio (TER) of 0.50% per year. The yearly average divergence from the index performance (Tracking Difference) since 2018 was 0.78% per year. Therefore, the ETF was more expensive than the TER suggests.