• This fund invests primarily in Chinese equities securities.
  • The fund is subject to investment, equities, foreign currency, RMB currency risk and risks of investing in emerging markets specific to Hong Kong and the PRC market. The fund’s investments are concentrated in Hong Kong and China and the value of the fund may be more volatile. 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 - China Focus Fund A-ACC-Euro

1.69%
0.27
  • Price date: 27/03/2017
  • Morningstar rating: 5 out of 5 stars
  • Risk rating+: 5

Performance & NAV

Annual performance Total return (%)

<span>Annual performance</span> Total return (%)
2016201520142013201220112010200920082007
6.2010.2627.235.1214.36-17.6213.0162.59-45.63-2.45#

Morningstar benchmark (%)

Morningstar benchmark (%)
2016201520142013201220112010200920082007
3.912.6822.94-0.8420.86-15.6811.9057.24-48.2849.93

Cumulative return Fund (%)

<span>Cumulative return</span> Fund (%)
YTD6 mths1 yr3 yrs5 yrsSince Launch
9.3914.1534.6772.4475.7157.30

Morningstar category (%)

Morningstar category (%)
YTD6 mths1 yr3 yrs5 yrsSince Launch
8.699.0728.9342.2849.54-

Morningstar benchmark (%)

Morningstar benchmark (%)
YTD6 mths1 yr3 yrs5 yrsSince Launch
9.7510.4134.0950.7050.62-

As of 28/02/2017, based on latest unit NAV of most recent calendar month.

Fund details

Investment objective

The fund will primarily focus on China through investment in securities of Chinese companies listed in China and Hong Kong, as well as securities in non-Chinese companies which have a significant portion of their activities in China. The fund may invest its net assets directly in China A and B Shares.

About this fund
Fund details as of28 Feb 2017
Denominated currencyEUR
Fund launch date18 Aug 2003
Class launch date24 Sep 2007
Class launch price10.00 EUR
Fund size3,530.80 million
IndexMSCI CHINA 10% CAPPED X 100%
Morningstar BenchMarkMSCI China NR USD
Morningstar CategoryChina Equity
Unique Identifiers
ISIN
LU0318931192
Bloomberg ticker
FFFOCUA LX
PhoneXpress code
1177
Fund manager
Fund manager
(Start date)
Jing Ning
(31 Oct 2013)
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
-
Beta
-
Alpha
-
3 years standard deviation

As of  28/02/2017

20.65%
Risk rating

As of  31/08/2016

5

Data Source: Morningstar Asia Limited. All fund prices quoted are calculated as at the latest valuation date and are for indication only. The Morningstar sourced information is provided to investor(s) for reference purposes only.

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.