• This fund invests primarily in special situations stocks and smaller growth companies in Asia, excluding Japan.
  • This fund may be subject to investment, the risks of investing in emerging markets specific to the Asian ex Japan market, and foreign currency risk and RMB currency risk. The fund may invest in small and medium sized companies which may subject to more abrupt fluctuations in market price than larger companies. The fund may invest in China A shares directly through the Qualified Foreign Institutional Investor (“QFII”) scheme and may incur losses due to limited investment opportunities, illiquidity of the China A shares market, and/or delay or disruption in execution of trades or in settlement of trades. The fund may invest in equity linked notes which may subject to the default risk of the structurer of the note. The fund may invest in certain eligible China A Shares via the Shanghai-HK Stock Connect which may be subject to quota limitations and regulatory risk.
  • This fund can invest in derivative instruments which may involve additional risks (For example, leverage may cause greater volatility).
  • Investors may suffer substantial loss of their investments in the fund. Investor should not invest in the fund solely based on the information provided in this document and should read the prospectus (including potential risks involved) for details.

Fidelity Funds - Asian Special Situations Fund A-ACC-Euro

0.03%
0.01
  • Price date: 20/07/2018
  • Morningstar rating: 4 out of 5 stars
  • Risk rating+: 4

Performance & NAV

Annual performance Total return (%)

<span>Annual performance</span> Total return (%)
2017201620152014201320122011201020092008
24.079.966.0221.102.8015.96-14.1328.8764.20#-

Morningstar benchmark (%)

Morningstar benchmark (%)
2017201620152014201320122011201020092008
24.488.591.1819.35-1.3820.48-14.5427.9366.71-49.91

Cumulative return Fund (%)

<span>Cumulative return</span> Fund (%)
YTD6 mths1 yr3 yrs5 yrs
-1.71-1.716.3922.5478.76

Morningstar category (%)

Morningstar category (%)
YTD6 mths1 yr3 yrs5 yrs
-2.84-2.846.1713.1258.67

Morningstar benchmark (%)

Morningstar benchmark (%)
YTD6 mths1 yr3 yrs5 yrs
-2.05-2.057.3616.9864.91

As of 30/06/2018, based on latest unit NAV of most recent calendar month.

Fund details

Investment objective

The fund invests principally in special situations stocks and smaller growth companies in Asia, excluding Japan. Special situations stocks generally have valuations which are attractive in relation to net assets or earnings potential with additional factors which may have a positive influence on the share price. Up to 25% of the portfolio can consist of investments other than special situations stocks and smaller growth companies. The fund may invest its net assets directly in China A and B Shares.

About this fund
Fund details as of30 Jun 2018
Denominated currencyEUR
Fund launch date03 Oct 1994
Class launch date23 Feb 2009
Class launch price10.00 EUR
Fund size2,547.78 million
IndexMSCI AC Asia Ex Japan NR USD
Morningstar BenchMarkMSCI AC Asia Ex Japan NR USD
Morningstar CategoryAsia ex Japan Equity
Unique Identifiers
ISIN
LU0413542167
Bloomberg ticker
FIDASSA LX
PhoneXpress code
1282
Fund manager
Fund manager
(Start date)
Suranjan Mukherjee
(01 Jul 2012)
Fund Fees
Sale ChargesUp to 5.25%
Annual management feeUp to 1.50%

There are other fees and charges for the fund and please refer to the prospectus for details.

Volatility Measures
R-Squared
0.94
Beta
0.92
Alpha
1.97
3 years standard deviation

As of 30/06/2018

12.88%
Risk rating

As of 28/02/2018

4
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Data Source: Morningstar Asia Limited. The Morningstar sourced information is provided to investor(s) for reference purposes only. All fund prices quoted are calculated as at the latest valuation date. The performance information (%) in the chart and table may have slight variances due to factors such as rounding, or charting methodology used.

Past performance information is not indicative of future performance. Investors may not get back the full amount invested. Calculation of performance is based on the NAV-to-NAV for the stated period, with dividend reinvested, in denominated currency. These figures show by how much the share class increased or decreased in value during the stated period. Where no past performance is shown there was insufficient data available in that period to calculate performance.

Performance has been calculated in the “Denominated currency” set out in the “About this fund” section in the “Fund details” tab, including ongoing charges and excluding subscription fee and redemption fee you may have to pay.

Payments of dividends out of capital will only be made to seek to maintain a stable payment per share but the payment per share is not fixed. Dividend yield of the fund does not represent the return of the fund, and past dividend yield does not represent future dividend yield. The dividends are not guaranteed.

+

Fund risk ratings shown are calculated based on information as of #{hkweb.fundDetailService.getMaxRetailFundsRiskLevelAsOfDate}. Risk ratings are 1 = Low risk, 2 = Low to Medium risk, 3 = Medium risk, 4 = Medium to High risk, 5 = High risk. Fund risk ratings are generally reviewed on a semi-annual basis.

For more details on Fund risk ratings and its calculation methodology, please refer to the overview.

The fund risk rating is sourced from a methodology developed by Morningstar Investment Management Asia Limited and its affiliates. The fund risk rating is provided to investor(s) for reference purposes only.

#

Since launch date to the end of launch year.

^

Source: Fidelity.

^^

The name of the fund is not indicative of the fund’s performance and return.