fund
Fidelity Asian Dividend W
-
175.10p
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.
-
224.50p
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?
-
0.00%
Initial chargeSome 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!
-
0.75%
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).
-
1.05%
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.
-
3.90%
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…
Aims to provide income and long-term capital growth.
Fund summary
Sector | Asia Pacific Excluding Japan |
Structure | OEIC |
Launched | August, 2013 |
Size | £65m |
Yield | 3.90% |
Charging basis | |
Dividends paid |
Charges
Standard initial charge | 0.00% |
Initial charge via Bestinvest | 0.00% |
Additional bid/offer spread | 0.00% |
Annual management charge | 0.75% |
Ongoing charges figure | 1.05% |
Allocation
Proportion (%)
-
{{chartDataItem.text}}{{chartDataItem.value}}
Allocation
Proportion (%)
-
{{chartDataItem.text}}{{chartDataItem.value}}
Allocation
Proportion (%)
-
{{chartDataItem.text}}{{chartDataItem.value}}
Investment process
The objective of the fund is to achieve a combination of income and long-term capital growth from a portfolio made up primarily of companies operating in the Asia Pacific region, including ordinary shares. Holdings would include preference shares, convertibles and fixed interest securities. The fund may also invest in other transferable securities, units in collective investment schemes, money market instruments, cash and deposits.
Manager research
Average monthly relative returns
- 16/17 0.00%
- 17/18 -0.39%
- 18/19 0.94%
- 19/20 -0.64%
- 20/21 -0.39%
Bestinvest MRI
- 3 years -0.03%
- 5 years 0.00%
- Career -0.13%
- 3 years 56.80%
- 5 years 0.00%
- Career 44.40%
Performance figures are based on the average of monthly percentage returns relative to the benchmark index.
Jochen Breuer
Track record
Jochen Breuer has 4.5 years experience of managing mutual funds in this sector. Over this period the average monthly return relative to the benchmark index has been -0.13%. During the worst period of relative performance (from July 2019 - January 2021) there was a decline of 22% relative to the index. The worst absolute loss has been 26%.
Periods of worst performance
Absolute | -26.00% (July 2019 - March 2020) |
Relative | -22.00% (July 2019 - January 2021) |
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.
Allocation
Proportion (%)
-
{{chartDataItem.text}}{{chartDataItem.value}}
Allocation
Proportion (%)
-
{{chartDataItem.text}}{{chartDataItem.value}}
Allocation
Proportion (%)
-
{{chartDataItem.text}}{{chartDataItem.value}}
Top 10 holdings
Data accurate as at 31 July 2020
4.7% | Taiwan Semiconductor Manufacturing |
4.6% | Samsung Electronics Co |
4.2% | Hkbn Ltd |
3.5% | Power Grid Corp Of India |
3.3% | Ptt Public Co |
3.3% | Aia Group Ltd |
3.2% | Evolution Mining Ltd |
3.2% | Ck Infrastructure Hldgs Ltd |
3% | Hon Hai Precision Industry |
3% | China Mobile Ltd |
Source: Trustnet |
Sector breakdown
Information Technology | 21.00% |
Financials | 15.00% |
Real Estate | 13.00% |
Utilities | 11.00% |
Communications | 10.00% |
Energy | 8.00% |
Consumer Staples | 8.00% |
Consumer Discretionary | 7.00% |
Materials | 3.00% |
Industrials | 2.00% |