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Fidelity Asia Fund

About this Fund

Fund Detail

PDS https://informedinvestor.com.au/view/pds/100396-2023-07-28-10:33.pdf
FUND MANAGER FIL Responsible Entity (Australia)
ASX Code
APIR FID0010AU
ASSET CLASS ASIAN EQUITIES
INVESTMENT STYLE A concentrated high conviction portfolio of holdings across developed and emerging Asia (ex-Japan).
INVESTMENT PROFILE To achieve returns in excess of the Benchmark over the suggested minimum investment time period of five to seven years.
CURRENCY MANAGEMENT Unhedged
INCEPTION DATE 29-09-2005
BENCHMARK MSCI AC Asia (ex-Japan) Index NR
FUND SIZE MSCI AC Asia (ex-Japan) Index NR
DISTRIBUTION FREQUENCY Yearly
NO. OF HOLDINGS 25-35
FEES 1.16% p.a. of the net asset value of the Fund (including GST net of RITC)
STRUCTURE

Benefits

Benefits

Benefits of investing in the Fidelity Asia Fund

Some of the benefits that may arise from an investment in the Fund include:

  • Potential for long-term capital growth and enhanced performance from active management.
  • Access to the investment knowledge and expertise of Fidelity’s global network of investment professionals who can assess Asian companies in a global context.

 

 
RISK LEVEL Very High
INVESTOR SUITABILITY

Investor suitability

Investors looking for an Asian equities investment who have a tolerance for a very high amount of risk.

Risks

Title
Detail

Key Features

About the Fund

A concentrated high conviction portfolio, typically investing in 25-35 holdings across developed and emerging Asia (ex-Japan) and draws on the research capabilities of Fidelity's analysts based on the ground in Asia.

Some of the features of the Fund include:

 

 

  • Access to an actively managed portfolio of Asian Securities.
  • An investment approach driven by fundamental research that seeks to invest in companies with strong management, financial strength and competitive advantages. 
  • The ability for the portfolio manager to call on the research of a dedicated team of analysts based throughout Asia who have access to a global network of research analysts.

 

 

Mandate

How we invest your money

The Fund generally invests in a diversified selection of Asian Securities.

Fidelity believes that markets are semi-efficient and share prices don't always reflect inherent value. Through in-house, bottom-up company research, Fidelity aims to uncover the opportunities that it believes offer the greatest scope for outperformance.

Based on this research approach, Fidelity seeks out stocks that it believes are undervalued and likely to generate growth. The companies selected for the portfolio must demonstrate good management, strong competitive advantages and enjoy favourable industry dynamics.

The Fund's exposure to international securities will not be hedged back to Australian dollars. This means that the value of an investment in the Fund will change not only on the basis of a change in asset values, but also because of movements in exchange rates.

Asset classes and ranges

  • Asian securities: 90%-100%
  • Cash: 0%-10%