• This fund invests primarily in Japanese smaller and emerging companies’ equity securities.
  • The fund is subject to investment, equities and foreign currency risk. The fund’s investments are concentrated in Japan and the value of the fund may be more volatile. The fund invests in small and medium sized companies which may subject to more abrupt fluctuations in market price than larger companies.
  • 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 - Japan Smaller Companies Fund A-JPY

0.64%
15
  • Price date: 18/09/2017
  • Morningstar rating: 4 out of 5 stars
  • Risk rating+: 3

Performance & NAV

Annual performance Total return (%)

<span>Annual performance</span> Total return (%)
2016201520142013201220112010200920082007
-4.1515.2710.2162.1416.36-12.63-2.148.49-31.02-19.93

Morningstar benchmark (%)

Morningstar benchmark (%)
2016201520142013201220112010200920082007
0.3112.0610.2754.4120.86-17.000.967.62-40.62-11.11

Cumulative return Fund (%)

<span>Cumulative return</span> Fund (%)
YTD6 mths1 yr3 yrs5 yrsSince Launch
17.7215.3532.1543.81163.67126.10

Morningstar category (%)

Morningstar category (%)
YTD6 mths1 yr3 yrs5 yrsSince Launch
12.1510.3529.7138.90160.03-

Morningstar benchmark (%)

Morningstar benchmark (%)
YTD6 mths1 yr3 yrs5 yrsSince Launch
7.776.5324.3134.55145.11-

As of 31/08/2017, based on latest unit NAV of most recent calendar month.

Fund details

Investment objective

The fund invests principally in smaller and emerging companiesin Japan, including those listed on regional stock exchanges in Japan and on the Tokyo over-the-counter market.

About this fund
Fund details as of31 Aug 2017
Denominated currencyJPY
Fund launch date06 Dec 1991
Class launch date06 Dec 1991
Class launch price1,000.00 JPY
Fund size15,762.69 million
IndexRussell/Nomura Mid Small TR USD X 100%
Morningstar BenchMarkTopix TR JPY
Morningstar CategoryJapan Flex-Cap Equity
Unique Identifiers
ISIN
LU0048587603
Bloomberg ticker
FIDJSCI LX
PhoneXpress code
1027
Fund manager
Fund manager
(Start date)
Jun Tano
(01 Apr 2006)
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
0.82
Beta
0.98
Alpha
1.04
3 years standard deviation

As of 31/08/2017

16.24%
Risk rating

As of 28/02/2017

3

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.

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Source: Fidelity.

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