Fidelity Asia A

  • 1780.00p
    Price (Inc)

    These are the shares in the fund that pay out an income to clients. The income is made up of the total dividends – the money a company can pay out to its investors – from the companies in the fund.

  • -
    Price (Acc)

    These are the shares in the fund that don’t pay out an income to clients. Any dividends – the money a company can pay out to its investors – are reinvested into companies in the fund. Despite no income, the shares should be worth more over time. Good incentive, eh?

  • 3.50% 0.00%

    Initial charge

    Some funds charge you when you first invest, which is aptly known as the initial charge. They’re usually between 3-5% but at Bestinvest, we usually don’t charge you a penny!

  • 1.50%
    Annual management charge

    This is how much the fund management company charges to run the fund. It’s like paying a babysitter, dog sitter or house sitter (that makes well-informed, heavily researched changes to improve your baby/dog/house when needed).

  • 1.76%
    Ongoing charges

    This stands for Ongoing Charges Figure. It’s the cost of running a fund and includes admin fees, manager fees, administration costs, etc.

  • 0.60%
    Yield

    How much the fund is currently paying out in income to investors. It’s NOT to be confused with the overall growth of a fund – a very different thing indeed. It’s also NOT a guarantee of future pay-outs, just a snapshot. This is more what it’s not than what it is…

Prices as at 20 November 2020, fund data last updated 18 February 2013

The fund's manager has more than a decade of experience managing Asian equities. He invests across the company size spectrum but tends to focus on mid and large-cap names. The investment universe is the Far East region which excludes Japan, India and Australia and the manager has a very diverse portfolio. The portfolio is growth orientated and is likely to outperform its peers in rising markets.

Fund summary

Sector Asia Pacific Excluding Japan
Structure OEIC
Launched
Size £3,548m
Yield 0.60%
Charging basis Income
Dividends paid Acc units only

Charges

Standard initial charge 3.50%
Initial charge via Bestinvest 0.00%
Annual management charge 1.50%
Ongoing charges figure 1.76%

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Investment process

The manager is a bottom up stock picker, who seeks to invest in growing companies in the Far East. This leads to a focus on stocks with above average earnings growth relative to their sector or the market, although the manager is conscious to pay only a "reasonable" price for these stocks. The manager draws on Fidelity's large team of locally based analysts to aid stock selection. Other factors targeted include strong management with a good track record through previous cycles, plus positive cash flows and evidence that the company is regionally or globally competitive in terms of pricing power. The portfolio is typically diversified by country, sector and company.

Manager research

Average monthly relative returns

  • 15/16 0.00%
  • 16/17 0.00%
  • 17/18 0.00%
  • 18/19 0.00%
  • 19/20 0.00%

Bestinvest MRI

  • 3 years 0.00%
  • 5 years 0.00%
  • Career 0.00%
  • 3 years 0.00%
  • 5 years 0.00%
  • Career 0.00%

Performance figures are based on the average of monthly percentage returns relative to the benchmark index.

Track record

Periods of worst performance

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Relative 0.00% ()

About the MRI

Our unique indicator: the Bestinvest Manager Record Index (MRI) measures the likelihood that the fund manager is adding value through their decisions. It is based on their performance record over the course of their career, adjusted for the amount of risk taken. MRI is an important contributor to our fund rating system but it is also vital to take account of qualitative factors. It is also very important to select funds to form a cohesive portfolio with an appropriate overall risk level.

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Sector breakdown

Information Technology 24.00%
Financials 23.00%
Consumer Discretionary 20.00%
Communications 11.00%
Consumer Staples 9.00%
Health Care 5.00%
Real Estate 3.00%
Industrials 2.00%
Energy 2.00%
Money Market 1.00%

Portfolio

120-220 stocks

Key Investor Information

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