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No Bestinvest rating
FNW FIDELITY INDIA FOCUS LF

FNW FIDELITY INDIA FOCUS LF - Overview

Overview of FNW FIDELITY INDIA FOCUS LF

Fidelity Focus India is a single country specialist fund that distinguishes itself from the peer group due to its bias to mid cap investing. Fidelity are interested in identifying the winners of tomorrow, through a locally based team that undertake numerous company visits. This portfolio should appeal to those investors who are prepared to invest within and stay invested within India.

  • Standard Initial Charge
  • Initial charge via Bestinvest 0.00%

Fund summary

Sector
Structure INSURANCE BOND
Launched November, 2006
Size £0
Yield 0.0%
Charging basis
Dividends paid

Charges

Standard initial charge
Initial charge via Bestinvest 0.00%
Additional bid/offer spread 0.00%
Annual management charge 0.00%
Total expense ratio 0.00%

Risks

Before investing make sure you have understood the risks relevant to the fund by reviewing our Risk Warnings section. Further information on the risks are contained in the fund's Key Investor Information Document, which we make available to you before you make a decision to invest, alternatively it is available on request.

Bestinvest view

No information available.

Portfolio

Allocation Proportion(%)
Equity 97
High yield bonds 0
Quality bonds 0
Property 0
Commodities 0
Hedge 0
Fund cash 3
Allocation Proportion(%)
UK 1
Europe 0
North America 1
Japan 0
Pacific 0
Other Equity 98
Allocation Proportion(%)
Large Caps 55
Mid Caps 35
Small Caps 10

View all performance data for this fund

Investment process

This fund invests primarily in Indian equities, although it can invest within foreign companies as long as they derive the majority of their earnings from India. Fidelity are known for their bottom up approach to investing and this fund is no exception. In depth analysis of companies underlies stock selection and Fidelity make use of their locally based team. Valuations are a consideration although the manager is also very focused on the potential growth opportunities created by Indian economic growth. The index is of little relevance to this fund, therefore all stocks within the portfolio should be considered to be high conviction ideas. The fund is typically biased towards small and mid sized companies.

Live feed

Bid price(inc) 146.70p
Accum units 146.70p
Fund commentary
Fund data updated on 17/12/14

Asset allocation

Allocation Proportion(%)
Equity 97
High yield bonds 0
Quality bonds 0
Property 0
Commodities 0
Hedge 0
Fund cash 3

Equity Geographic

Allocation Proportion(%)
UK 1
Europe 0
North America 1
Japan 0
Pacific 0
Other Equity 98

Equity Capitalisation

Allocation Propor
tion(%)
Large Caps 55
Mid Caps 35
Small Caps 10

Top 10 holdings

As at 30/06/07
HINDUSTAN UNILEVER 5.5%
FINANCIAL TECHN (INDIA) 4.8%
STATE BANK OF INDIA 4.7%
INFOSYS TECHNOLOGY 4.2%
UNITED SPIRITS 3.7%
RELIANCE INDUSTRIES (DEMATERIALIZED) 3.2%
BAJAJ AUTO (DEMATERIALISED) 3.0%
CIPLA 2.8%
ZEE ENTERTAINMENT ENTERPRISES 2.2%
ICICI BANK (DEMAT) 2.0%
Source Fidelity

Sector breakdown

Portfolio details

Around 60-80 stocks are held. The fund has historically been biased to small and mid sized companies.

Constraints

Unconstrained portfolio. Active positions are usually limited to +/-4%.
The portfolio usually has very little commonality with the benchmark and so performance can be expected to differ markedly on occasions.

Invest in an existing account

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Open a new account

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