• This fund invests primarily in RMB denominated fixed income/debt securities, fixed income / debt instruments and deposits.
  • The fund is subject to RMB currency risk, as RMB is not freely convertible. There is no assurance that RMB will not be subject to devaluation. The fund may invest in securities denominated in RMB but settled in other currencies, which its performance may be adversely affected by the exchange rates movements.
  • The fund’s investments are subject to risk of investment in below investment grade and non-rated securities, credit risk of RMB debt securities, limited pool of investment, counterparty, credit rating downgrading, interest rate, market, currency hedging, volatility, liquidity, diversification, regulatory and political risks.
  • Dividend of certain share classes, at the Board’s discretion, may be 1) paid out of gross income which will result in an increase in distributable income for dividends payment and 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. 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 explanatory memorandum (including potential risks involved) for details.

Fidelity WorldWide Fund - RMB Bond Fund A-ACC-USD

0.27%
0.03
  • Price date: 23/10/2017
  • Morningstar rating: -
  • Risk rating+: 3*

Performance & NAV

Annual performance Total return (%)

<span>Annual performance</span> Total return (%)
2016201520142013201220112010200920082007
-0.63-0.28#--------

Morningstar benchmark (%)

Morningstar benchmark (%)
2016201520142013201220112010200920082007
-1.32-2.310.256.31------

Cumulative return Fund (%)

<span>Cumulative return</span> Fund (%)
YTD6 mths1 yr3 yrs5 yrsSince Launch
10.906.765.56--9.89

Morningstar category (%)

Morningstar category (%)
YTD6 mths1 yr3 yrs5 yrsSince Launch
8.485.843.363.8914.25-

Morningstar benchmark (%)

Morningstar benchmark (%)
YTD6 mths1 yr3 yrs5 yrsSince Launch
8.446.752.964.20--

As of 30/09/2017, based on latest unit NAV of most recent calendar month.

Fund details

Investment objective

The fund aims to achieve income and capital appreciation via exposure to RMB denominated fixed income/ debt securities, fixed income/debt instruments and deposits which include but are not limited to convertible bonds, corporate bonds, government bonds, commercial papers, medium term notes, floating rate notes, bankers acceptances and money market instruments (including but not limited to certificates of deposits, bank deposits, negotiated term deposits and commercial papers). These investments may be settled in RMB or in other currencies such as USD or HKD. Exposure to non-RMB denominated debt securities may be hedged in order to seek to maintain the currency exposure in RMB.

About this fund
Fund details as of30 Sep 2017
Denominated currencyUSD
Fund launch date24 Oct 2012
Class launch date19 Jan 2015
Class launch price10.00 USD
Fund size19.78 million
Index-
Morningstar BenchMarkMarkit iBoxx ALBI China Offshore TR CNH
Morningstar CategoryRMB Bond
Unique Identifiers
ISIN
HK0000231941
Bloomberg ticker
FILAAUS HK
PhoneXpress code
1654
Fund manager
Fund manager
(Start date)
Bryan Collins
(24 Oct 2012)
Fund Fees
Sale ChargesUp to 5.25%
Annual management feeUp to 0.75%

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 30/09/2017

-
Risk rating

As of 31/08/2017

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.

*

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.