Fact sheet: Fidelity Asia Focus

Fund information
Fund name
Fidelity Asia Focus W Acc GBP
Fund manager company
Fidelity International (FIL In
Fund type
Offshore Fund
Fund managers
  • Dhananjay Phadnissince 02/03/2015
Fund objective
Aims to provide long-term capital growth with the level of income expected to be low. At least 70% invested in the shares of companies quoted on stock exchanges in Asia excluding Japan. The fund may invest its net assets directly in China A and B Shares. Has the freedom to invest outside the fund's principal geographies, market sectors, industries or asset classes. May invest in assets directly or achieve exposure indirectly through other eligible means including derivatives. Can use derivatives with the aim of risk or cost reduction or to generate additional capital or income, including for investment purposes, in line with the fund’s risk profile. The fund has discretion in its choices of investments within its objectives and policies. Income is accumulated in the share price. Shares can usually be bought and sold each business day of the fund. This fund may not be appropriate for investors who plan to sell their shares in the fund within 5 years. Investment in the fund should be regarded as a long-term investment.
Benchmark
  • MSCI AC Asia ex Japan
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
28.4%
1 Year rank in sector
-
Sector
FO Equity - Asia Pacific ex Japan
Yield
-
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
1.18%
Fund size
£1,804m (£1,641m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
120
Top in this sector
Fund name1 Year
TT International Asia Pac Eq42.2%
Templeton Asian Gth41.4%
Old Mutual AnEqIn39.3%
Old Mutual Pac Eq38.4%
Fidelity Asn Spec Sits32.5%
...more in FO Equity - Asia Pacific ex Japan

Performance snapshot

Holdings snapshot

  • China30.9%
    India16.1%
    Korea14.8%
    Taiwan11.4%
    Hong Kong9%
  • Financials30.7%
    Information Technology28.7%
    Consumer Discretionary12%
    Consumer Staples7.5%
    Health Care5.8%
  • Chinese Equities30.9%
    Indian Equities16.1%
    South Korean Equities14.8%
    Taiwanese Equities11.4%
    Hong Kong Equities9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-3.7%4.6%-28.4%42.5%50.5%
Sector-0.1%7.1%4.5%15.9%13.8%28.1%
Rank within sector------
Quartile
Calendar performance
 YTD - 20172016201520142013
Fund9.1%24.2%-1.5%4.2%2.6%
Sector11.1%6.4%-6.8%5.5%3.3%
Rank within sector-----
Quartile
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
8.92
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
0.92
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
0.71
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
14.55
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
8.21
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
0.99
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.68
Price movement
52 week high1.46
52 week low1.01
Current bid price-
Current offer price-
Current mid price1.41
Region
1China30.9%
2India16.1%
3Korea14.8%
4Taiwan11.4%
5Hong Kong9%
6Indonesia4.7%
7Singapore4.1%
8Philippines2.7%
9Money Market2.6%
Industry sector
1Financials30.7%
2Information Technology28.7%
3Consumer Discretionary12%
4Consumer Staples7.5%
5Health Care5.8%
6Telecommunications Utilities3.8%
7Energy3.6%
8Industrials3.2%
9Money Market2.6%
Asset type
1Chinese Equities30.9%
2Indian Equities16.1%
3South Korean Equities14.8%
4Taiwanese Equities11.4%
5Hong Kong Equities9%
6Indonesian Equities4.7%
7Singapore Equities4.1%
8Philippine Equities2.7%
9Money Market2.6%
Individual holdings
1TAIWAN SEMICONDUCTOR MANUFACTURING5.5%
2TENCENT HLDGS LTD5.2%
3AIA GROUP LTD5%
4SAMSUNG ELECTRONICS CO4.6%
5ALIBABA GROUP HLDG LTD3.8%
6HDFC BANK LTD3.7%
7CHINA MOBILE LTD2.8%
8INDUSTRIAL & COM BK CHINA2.6%
9UNITED OVERSEAS BANK2.4%
Management
Fund manager group
Fidelity
Fund manager company
Fidelity International (FIL In
Fund type
Offshore Fund
Fund objective
Aims to provide long-term capital growth with the level of income expected to be low. At least 70% invested in the shares of companies quoted on stock exchanges in Asia excluding Japan. The fund may invest its net assets directly in China A and B Shares. Has the freedom to invest outside the fund's principal geographies, market sectors, industries or asset classes. May invest in assets directly or achieve exposure indirectly through other eligible means including derivatives. Can use derivatives with the aim of risk or cost reduction or to generate additional capital or income, including for investment purposes, in line with the fund’s risk profile. The fund has discretion in its choices of investments within its objectives and policies. Income is accumulated in the share price. Shares can usually be bought and sold each business day of the fund. This fund may not be appropriate for investors who plan to sell their shares in the fund within 5 years. Investment in the fund should be regarded as a long-term investment.
Benchmark
  • MSCI AC Asia ex Japan
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Dhananjay Phadnis02/03/2015Dhananjay Phadnis joined Fidelity Worldwide Investment in 2004 as an Investment Analyst, based in Mumbai, India, and Hong Kong. In 2008 he took the position of portfolio manager for the FF Indonesia Fund. In addition, he was assigned the role of Director of Research in Hong Kong on 1 April 2009. His previous experience includes a period from 2001 to 2004 at JP Morgan India, where he held the position of Associate, Equities Research. He was also an Assistant Audit Manager at AF Ferguson & Co. Chartered Accountants, Pune, India in 1999. Dhananjay holds a B.Comm., from Brihan Maharasutra College of Commerce, Pune Unviersity, India and is a CFA Charterholder. He also holds a Post Graduate Diploma in Management (Finance) from the Indian Institute of Management, Bangalore, India, and is an Associate Chartered Accountant, Institute of Chartered Accountants of India, India.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, CPF Ordinary, IA Recognised, Reporting Fund Status, SRS, UCITS IV Compliant, MAS Unrestricted Scheme
Domicile
No data available.
Fund for sale in
Austria, Belgium, Bahrain, Switzerland, Chile, Czech Republic, Germany, Denmark, Spain, Finland, France, United Kingdom, Gulf Cooperation Council, Guernsey, Hong Kong, Hungary, Ireland, Iceland, Italy, Jersey, Republic Of Korea, Luxembourg, Macau, Malta, Netherlands, Norway, Offshore, Oman, Peru, Poland, Portugal, Qatar, Singapore, Slovakia, Sweden, Taiwan - Province Of China, United Arab Emirates, South Africa
Fidelity Asia Focus A Acc EUR
Initial charge5.25%
Annual charge1.5%
Min single investment£2,500
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.94%
Total expense ratio (TER)1.93%
Bid price-
Offer price-
Mid price23.61
CurrencyEUR
Price updated20/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeG835
Fidelity Asia Focus A Acc USD
Initial charge5.25%
Annual charge1.5%
Min single investment£2,500
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.94%
Total expense ratio (TER)1.93%
Bid price-
Offer price-
Mid price19.99
CurrencyUSD
Price updated20/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeG834
Fidelity Asia Focus A EUR
Initial charge5.25%
Annual charge1.5%
Min single investment£2,500
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.94%
Total expense ratio (TER)1.93%
Bid price-
Offer price-
Mid price6.96
CurrencyEUR
Price updated20/04/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFX16
Fidelity Asia Focus A GBP
Initial charge5.25%
Annual charge1.5%
Min single investment£2,500
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.94%
Total expense ratio (TER)1.93%
Bid price-
Offer price-
Mid price3.118
CurrencyGBP
Price updated20/04/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeD980
Fidelity Asia Focus A SGD
Initial charge5.25%
Annual charge1.5%
Min single investment£2,500
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.94%
Total expense ratio (TER)1.93%
Bid price-
Offer price-
Mid price1.676
CurrencySGD
Price updated20/04/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeA2A7
Fidelity Asia Focus A USD
Initial charge5.25%
Annual charge1.5%
Min single investment£2,500
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.94%
Total expense ratio (TER)1.93%
Bid price-
Offer price-
Mid price7.483
CurrencyUSD
Price updated20/04/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFJ08
Fidelity Asia Focus A USD SGD
Initial charge5.25%
Annual charge1.5%
Min single investment£2,500
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.94%
Total expense ratio (TER)1.93%
Bid price-
Offer price-
Mid price10.4572
CurrencySGD
Price updated20/04/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeBZJ6
Fidelity Asia Focus C USD
Initial charge-
Annual charge-
Min single investment£2,500
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.089
CurrencyUSD
Price updated20/04/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeE5VE
Fidelity Asia Focus E Acc EUR
Initial charge-
Annual charge1.5%
Min single investment£2,500
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.68%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price48.17
CurrencyEUR
Price updated20/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeC7C9
Fidelity Asia Focus I Acc EUR
Initial charge-
Annual charge0.8%
Min single investment£10,000,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price12.71
CurrencyEUR
Price updated20/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE8JZ
Fidelity Asia Focus SR Acc SGD
Initial charge5.25%
Annual charge1.3%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.685
CurrencySGD
Price updated20/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFUFT
Fidelity Asia Focus W Acc GBP
Initial charge-
Annual charge0.8%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.18%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.409
CurrencyGBP
Price updated20/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeK5LW
Fidelity Asia Focus Y Acc EUR
Initial charge-
Annual charge0.8%
Min single investment£1,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.19%
Total expense ratio (TER)1.18%
Bid price-
Offer price-
Mid price14.13
CurrencyEUR
Price updated20/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF5JN
Fidelity Asia Focus Y Acc USD
Initial charge-
Annual charge0.8%
Min single investment£1,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.19%
Total expense ratio (TER)1.18%
Bid price-
Offer price-
Mid price10.95
CurrencyUSD
Price updated20/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMFA6
Fidelity Asia Focus Y EUR
Initial charge-
Annual charge0.8%
Min single investment£1,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.19%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price13.92
CurrencyEUR
Price updated20/04/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFC7W
Fidelity Asia Focus Y USD
Initial charge-
Annual charge0.8%
Min single investment£1,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.19%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.95
CurrencyUSD
Price updated20/04/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeBMLL
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