Funds

Merlin Fidelis Emerging Markets Fund (UCITS)

The Fund launched in May 2025, following the inception of the Strategy in June 2020.

Overview

The aim of the Fund is to achieve capital appreciation over the long term.

The Fund has a broad mandate to invest in publicly traded equities of Emerging Markets, spread across Asia, Eastern Europe, Africa and Latin America, resulting in a diversified portfolio typically with a high active share whose exposures across countries, industries, and company capitalisations differ meaningfully from the benchmark index.

Factsheet - USD Class F - February 2026

Factsheet - GBP Class F - February 2026

 

Fund information

Fund inception date 2 May 2025
Dealing Daily
Structure UCITS (a sub-fund of Bridge UCITS Funds ICAV). The ICAV is a UCITS authorised in Ireland and regulated by the Central Bank of Ireland
Benchmark MSCI Emerging Markets Net Index (Ticker NDUEEGF)
Share classes:
Founders USD (currently open) ISIN: IE000DP567S8 
Founders GBP (currently open) ISIN: IE000TEA7R54 

 

Performance (at 28 February 2026)

Net Returns (USD, %) 1 month 3 months YTD Since Inception
Class F USD Accumulating 3.53 20.29 15.42 59.13
MSCI Emerging Markets Net Index (USD) 5.50 18.27 14.83 44.40
Active -1.96 2.02 0.59 14.73

Investment returns are calculated with reference to the Fund’s Unit Price in the share class (excluding the impact of any Initial or Redemption charge) and include both the capital return and income return (if any) for the period. Returns are calculated net of operating costs and management fee. Returns are provided/calculated by the Fund Administrator/Merlin Fidelis. Inception date for performance calculations is 02/05/2025 for Class F USD Accumulating. Past performance is not a reliable indicator of future returns. The benchmark is a reference only. Source: Merlin Fidelis, MSCI.

For further information on the performance of the Emerging Markets Strategy since 2020, click here.

 

Documents

Prospectus

Supplement

UCIT KIID - Class F USD Accumulating

UCIT KIID - Class F GBP Accumulating

UCIT KIID - Class F EUR Accumulating

UCIT KIID - Class F USD Distributing

UCIT KIID - Class F GBP Distributing

Emerging Markets Strategy

The Merlin Fidelis Emerging Markets Strategy was launched in June 2020.

Overview

The aim of the Strategy is to achieve capital appreciation over the long term.

The Strategy has a broad mandate to invest in publicly traded equities of Emerging Markets, spread across Asia, Eastern Europe, Africa and Latin America, resulting in a diversified portfolio typically with a high active share whose exposures across countries, industries, and company capitalisations differ meaningfully from the benchmark index.

Performance - GIPS® Composite (at 28 February 2026)

Returns (USD, %) 1 month 3 months YTD 1 year 2 years (p.a.) 3 years (p.a.) 4 years (p.a.) 5 years (p.a.) Since Inception (p.a.)
Merlin Fidelis Emerging Markets Composite (Gross) 3.54 20.49 15.56 71.48 41.33 29.55 22.33 17.01 21.98
Merlin Fidelis Emerging Markets Composite (Net) 3.57 20.19 15.40 68.47 39.06 27.76 20.01 14.83 19.85
MSCI Emerging Markets Net Index 5.50 18.27 14.83 49.96 28.48 21.53 11.04 6.31 12.22
Active (Net) -1.92 1.92 0.56 18.51 10.58 6.24 8.96 8.52 7.63

Net/gross returns are calculated as inclusive/exclusive of operating costs, management and (realised or accrued) performance fees. Returns are calculated by Merlin Fidelis.  Inception date for performance calculations is 02/06/2020. Past performance is not a reliable indicator of future returns. The benchmark is a reference only. Merlin Fidelis Asset Management claims compliance with the Global Investment Performance Standards (GIPS®). GIPS® is a registered trademark of CFA Institute. CFA Institute does not endorse or promote this organization, nor does it warrant the accuracy or quality of the content contained herein. A copy of the GIPS report can be obtained on request from info@merlinfidelis.com.  Source: Merlin Fidelis, MSCI.

 

For further details on the Merlin Fidelis Emerging Markets Strategy please contact us here.