• This fund invests primarily in Asian bonds.
  • This fund may be subject to investment, foreign currency, RMB currency and credit rating risk, the risks of investing in emerging markets specific to the Asian market and risks specific to the PRC market. The fund’s investments are concentrated and the value of the fund may be more volatile. This fund may invest in bonds or debt securities which may be subject to credit, liquidity, counterparty and market risks. The fund will invest in investment grade debt securities, which may be subject to ratings downgrades by the rating agencies that may affect the net asset value of the fund. The fund will also invest in non-investment grade bonds and unrated securities which may be subject to greater credit and liquidity risks, and may be more volatile than higher rated securities. The fund is subject to risks associated with investments in China fixed income instruments, such as credit, insolvency and liquidity risk of fixed income instruments. The fund may invest in the “Dim Sum” bond market, which may be more susceptible to volatility and illiquidity, and subject to risk of regulatory changes.
  • This fund can invest in derivative instruments which may involve additional risks (For example, leverage may cause greater volatility).
  • Dividend of certain share classes, at the Board’s discretion, may be 1) paid out of gross income, i.e. the fund may pay dividend effectively out of capital; or 2) paid directly out of capital where the net income generated by the fund is insufficient to pay a distribution as declared (For MCDIST share class, payment will be made out of capital). This will represent a return or withdrawal of part of the amount they originally invested or from any capital gains attributable to the original investment. This may result in an immediate decrease in the fund’s NAV per share.
  • 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 Total Return Bond Fund A-MINCOME(G)-USD(hedged)

0.04%
0.0041
  • Price date: 22/06/2018
  • Morningstar rating: -
  • Risk rating+: 3*

Performance & NAV

Annual performance Total return (%)

<span>Annual performance</span> Total return (%)
2017201620152014201320122011201020092008
2.282.77#--------

Cumulative return Fund (%)

<span>Cumulative return</span> Fund (%)
YTD6 mths1 yr3 yrs5 yrs
-3.80-3.70-3.45--

As of 31/05/2018, based on latest unit NAV of most recent calendar month.

Fund details

Investment objective

The fund seeks to maximize total return through capital appreciation and/or income by primarily investing in a broad range of fixed income instruments of issuers in Asia that have their head office or exercise a majority part of their activity in Asia. The fund will adopt an active asset allocation approach, which may include investment into high yield instruments and emerging markets. Investments will not be required to meet minimum rating standards. Not all securities will be rated for creditworthiness by an internationally recognized rating agency. The manager is not restricted in his choice of companies either by market sector or industry, and will choose investments largely determined by the availability of attractive investment opportunities. The fund may invest its net assets directly in onshore China fixed income securities listed or traded on exchanges in China. The fund may also invest in UCITS and UCIs.

About this fund
Fund details as of31 May 2018
Denominated currencyUSD
Fund launch date30 Nov 2015
Class launch date29 Jan 2016
Class launch price10.00 USD
Fund size12.03 million
IndexN/A
Morningstar BenchMark-
Morningstar CategoryOther Bond
Unique Identifiers
ISIN
LU1345483470
Bloomberg ticker
FAAMGUH LX
PhoneXpress code
1699
Fund manager
Fund manager
(Start date)
Eric Wong
(30 Nov 2015)
Bryan Collins
(30 Nov 2015)
Fund Fees
Sale ChargesUp to 3.50%
Annual management feeUp to 1.00%

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

Volatility Measures
R-Squared
-
Beta
-
Alpha
-
3 years standard deviation

As of 31/05/2018

-
Risk rating

As of 28/02/2018

3*
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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.

*

Funds with track records of less than 3 years use their respective Morningstar Category Risk rating as proxies until the funds accumulate a track record of 3 years.

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.