Fidelity Funds –
Asian Bond Fund

“With a strong on-the-ground presence and commitment to Asia, we select strong credits in the Asian bond space to add high-quality return potential to your portfolio”

- Eric Wong, Fixed Income Portfolio Manager

Cushioned against
market volatility

During previous market sell-offs, Asian bonds have shown lower drawdowns than most asset classes, shielding the fund against market turbulence.

Credit
quality

By investing primarily in investment grade, USD-denominated bonds, the fund seeks to minimise local currency and default risks to deliver a relatively stable performance.

Country and sector
diversity

Carefully chosen credits deliver a portfolio that provides exposure to different sectors and countries including reform-oriented economies such as India and Indonesia.

  • Find out more about the fund

    See its recent performance and what it invests in
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    Value over time

    See how the fund has performed over recent years. The chart below represents the value of HK$10,000 invested in this fund in 2013 compared with HK$10,000 invested in the Index

    Source: Fidelity International, NAV-NAV basis, in USD with dividends re-invested. Fund refers to Fidelity Funds - Asian Bond Fund A-ACC-USD share class. Index refers to BofAML Asia Dollar Investment Grade Index. Index is for comparative purpose only. Past performance is not indicative of future performance.

    Market outlook and how it impacts the fund

    • Asian investment grade bonds should remain supported by stable fundamentals and a continued favourable technical backdrop.

    • The growing market size, together with strong demand from onshore China and European institutions are likely to support the asset class.

    • Geopolitical uncertainties, such as tensions with North Korea and continued US political headlines, will be a source of market volatility. This should fuel technical demand for higher quality assets.

    See what the fund invests in

    As at 30 June 2018

    Source: Fidelity International.

Meet Eric Wong, Fixed Income Portfolio Manager