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FIDELITY JAPAN SMALLER COMPANIES - Fund overview

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Overview of FIDELITY JAPAN SMALLER COMPANIES

A pure stockpicking fund which has a bias to smaller co's adapting and benefiting from changes in the Japanese economy. Fidelity have huge resources in Japan and thus the fund benefits from a wide analysis of stocks. Despite performing well within the peer group, the portfolio has difficulty in consistently outperforming the benchmark.

Standard Initial Charge

3.50% 0.50%

Invest via Bestinvest

to save 3.00%

Fund summary

Sector  Japan
Product type  OEIC
Launched  April, 1984
Size  £68m
Yield 0.1%
Charging basis  –
Dividends paid  Acc units only.
Bid price 123.30p -1.00p

Fund Charges

Standard Initial charge 3.50%
Initial charge via Bestinvest 0.50%
Additional bid/offer spread 0.00%
Annual management charge 1.50%
Total expense ratio 1.72%
Reduction in yield (10yr) 1.77%

Bestinvest says


No information available.

Portfolio

fidelity japan smaller companies asset allocation illustration
Allocation Proportion
Equity 97%
High yield bonds 0%
Quality bonds 0%
Property 0%
Commodities 0%
Hedge 0%
Fund cash 3%
fidelity japan smaller companies equity geographic illustration
Allocation Proportion
UK 0%
Europe 0%
Nth America 0%
Japan 100%
Pacific 0%
Other Equity 0%
fidelity japan smaller companies equity capitalisation illustration
Allocation Proportion
Large Caps 41%
Mid Caps 45%
Small Caps 14%

Investment process


The fund is managed with the aim of providing long term capital appreciation from a portfolio primarily composed of Japanese equities.
The portfolio will usually have a bias towards medium sized and smaller companies and is described by Fidelity as their more aggressive fund investing in Japan.
The manager does not invest on an industry or sector basis, but analyses a company in its own right. Companies selected are usually leaders in their industry (often with a niche), who manage their business with the interest of shareholders in mind. Attractive long term growth prospects and solid management are prerequisites.

The value of your investments and the income from them can go down as well as up, and you can get back less than you originally invested. Past performance or any yields quoted should not be considered reliable indicators of future returns. Before investing in funds please check the specific risk factors on the key features document or refer to our risk warning notice as some funds can be high risk or complex; they may also have risks relating to the geographical area, industry sector and/or underlying assets in which they invest. Prevailing tax rates and relief are dependent on your individual circumstances and are subject to change.

Bestinvest (Brokers) Ltd & Bestinvest (Consultants) Ltd are authorised and regulated by the Financial Services Authority. This site is for UK Investors only

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