Fidelity Emerging Markets Limited, managed by Chris Tennant and Nick Price, has seen strong performance driven by rising metals prices and demand for technology components from emerging markets. The trust's portfolio includes leading technology firms in Taiwan and South Korea, innovative Chinese companies, and major mining businesses in Latin America. Over the past year, the trust has delivered a 74 percent return to investors, significantly outperforming its peers. Its distinctive strategy involves using complex financial instruments to both profit from rising and falling stocks, contributing to its impressive results.