According to the article (see below) and public documents, the fund is invested about 50 percent in passive index strategiesand 50 percent in activestrategies including hedge funds, venture capital, real estate and special investments.
One of its key conclusions: Investors looking for opportunity and diversification in emerging markets should consider active investment strategies, rather than passive ones.
Back in December 2011, Fidelity filed for the right to launch a wide range of passive ETF strategies, and submitted new paperwork a year later detailing plans for active funds.