Fidelity Asia Fund
About this Fund
Fund Detail
PDS | https://informedinvestor.com.au/view/pds/100396-2023-07-28-10:33.pdf |
FUND MANAGER | FIL Responsible Entity (Australia) |
ASX Code | |
APIR | FID0010AU |
ASSET CLASS | ASIAN EQUITIES |
INVESTMENT STYLE | A concentrated high conviction portfolio of holdings across developed and emerging Asia (ex-Japan). |
INVESTMENT PROFILE | To achieve returns in excess of the Benchmark over the suggested minimum investment time period of five to seven years. |
CURRENCY MANAGEMENT | Unhedged |
INCEPTION DATE | 29-09-2005 |
BENCHMARK | MSCI AC Asia (ex-Japan) Index NR |
FUND SIZE | MSCI AC Asia (ex-Japan) Index NR |
DISTRIBUTION FREQUENCY | Yearly |
NO. OF HOLDINGS | 25-35 |
FEES | 1.16% p.a. of the net asset value of the Fund (including GST net of RITC) |
STRUCTURE |
Benefits
Benefits | Benefits of investing in the Fidelity Asia FundSome of the benefits that may arise from an investment in the Fund include:
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RISK LEVEL | Very High |
INVESTOR SUITABILITY | Investor suitabilityInvestors looking for an Asian equities investment who have a tolerance for a very high amount of risk. |
Risks
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Detail |
Key Features
About the FundA concentrated high conviction portfolio, typically investing in 25-35 holdings across developed and emerging Asia (ex-Japan) and draws on the research capabilities of Fidelity's analysts based on the ground in Asia. Some of the features of the Fund include:
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Mandate
How we invest your moneyThe Fund generally invests in a diversified selection of Asian Securities. Fidelity believes that markets are semi-efficient and share prices don't always reflect inherent value. Through in-house, bottom-up company research, Fidelity aims to uncover the opportunities that it believes offer the greatest scope for outperformance. Based on this research approach, Fidelity seeks out stocks that it believes are undervalued and likely to generate growth. The companies selected for the portfolio must demonstrate good management, strong competitive advantages and enjoy favourable industry dynamics. The Fund's exposure to international securities will not be hedged back to Australian dollars. This means that the value of an investment in the Fund will change not only on the basis of a change in asset values, but also because of movements in exchange rates. Asset classes and ranges
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