Fact sheet: Fidelity Asian Sm Cos

Fund information
Fund name
Fidelity Asian Smaller Companies A USD
Fund manager company
Fidelity International (FIL In
Fund type
Offshore Fund
Fund managers
  • Nitin Bajajsince 02/09/2013
Fund objective
Aims to provide long-term capital growth with the level of income expected to be low. At least 70% invested in a diversified portfolio of smaller companies that have their head office or a main part of their activities in Asia Pacific (excluding Japan). Smaller companies are generally defined as having a market capitalisation range of less than USD 2,500 million in terms of the company’s full market capitalisation. The fund may have an exposure to companies with market capitalisations falling outside this range. Has the freedom to invest outside the fund's principal geographies, market sectors, industries or asset classes. Can use derivatives with the aim of risk or cost reduction or to generate additional capital or income in line with the fund's risk profile. The fund has discretion in its choices of investments within its objectives and policies. Income is reinvested in additional shares or paid to shareholders on request. 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 All Countries Asia Pacific ex Japan Small Cap Index with Australia Capped 10% (Net)
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
27.6%
1 Year rank in sector
25/172
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.
2.17%
Fund size
£394m (£126m 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.
97
Top in this sector
Fund name1 Year
TT International Asia Pac Eq52.6%
Baring ASEAN Frontiers44.4%
Hermes AsexJap Eq43.5%
Fidelity Asn Spec Sits42.6%
Matthews Asia Pacific Tiger42.5%
...more in FO Equity - Asia Pacific ex Japan

Performance snapshot

Holdings snapshot

  • India18.6%
    Taiwan11.8%
    China10.2%
    Australia9.3%
    Hong Kong9.3%
  • Consumer Discretionary22.3%
    Information Technology16.6%
    Industrials9.7%
    Financials9.6%
    Consumer Staples8.3%
  • Indian Equities18.6%
    Taiwanese Equities11.8%
    Chinese Equities10.2%
    Australian Equities9.3%
    Hong Kong Equities9.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.2%10%14.3%27.6%33.3%-
Sector1.5%12.6%13.4%17.5%12.7%46.2%
Rank within sector149 / 179144 / 17969 / 17825 / 17223 / 151-
Quartile4th4th2nd1st1st
Calendar performance
 YTD - 20162015201420132012
Fund16.5%-6.5%13.4%30.7%22.4%
Sector12.5%-6.8%5.5%3.3%19.7%
Rank within sector36 / 17487 / 16626 / 1561 / 14243 / 122
Quartile1st3rd1st1st2nd
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.
6.94
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.
0.95
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.
0.66
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%.
13.69
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.
5.11
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.
1.28
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.
0.86
Price movement
52 week high19.03
52 week low14.67
Current bid price-
Current offer price-
Current mid price18.76
Region
1India18.6%
2Taiwan11.8%
3China10.2%
4Australia9.3%
5Hong Kong9.3%
6Others7.4%
7Korea6.9%
8Money Market6.2%
9Singapore6.2%
Industry sector
1Consumer Discretionary22.3%
2Information Technology16.6%
3Industrials9.7%
4Financials9.6%
5Consumer Staples8.3%
6Health Care7.9%
7Real Estate7.9%
8Money Market6.2%
9Utilities5%
Asset type
1Indian Equities18.6%
2Taiwanese Equities11.8%
3Chinese Equities10.2%
4Australian Equities9.3%
5Hong Kong Equities9.3%
6International Equities7.4%
7South Korean Equities6.9%
8Money Market6.2%
9Singapore Equities6.2%
Individual holdings
1FIDELITY INSTITUTIONAL LIQUIDITY USD A ACC4.47%
2POWER GRID CORP OF INDIA2.89%
3POWER GRID CORP OF INDIA2.89%
4WPG HLDGS CO LTD2.34%
5G8 EDUCATION LTD2.18%
6LT GROUP INC2.17%
7HOUSING DEVELOPMENT FINANCE CORP2.14%
8HOUSING DEVELOPMENT FINANCE CORP2.14%
9Religare Health Trust NPV2.02%
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 a diversified portfolio of smaller companies that have their head office or a main part of their activities in Asia Pacific (excluding Japan). Smaller companies are generally defined as having a market capitalisation range of less than USD 2,500 million in terms of the company’s full market capitalisation. The fund may have an exposure to companies with market capitalisations falling outside this range. Has the freedom to invest outside the fund's principal geographies, market sectors, industries or asset classes. Can use derivatives with the aim of risk or cost reduction or to generate additional capital or income in line with the fund's risk profile. The fund has discretion in its choices of investments within its objectives and policies. Income is reinvested in additional shares or paid to shareholders on request. 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 All Countries Asia Pacific ex Japan Small Cap Index with Australia Capped 10% (Net)
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Nitin Bajaj02/09/2013Nitin joined Fidelity International in 2003 as a research analyst in London. After a very successful and highly rated period in research, in 2007, he became an Assistant Portfolio Manager for the Global Special Situations Fund in the UK with a remit to search for investment opportunities globally. As a research analyst, he covered European food and tobacco and large cap Italian and Spanish banks. Prior to joining Fidelity, he was at KPMG in India for four years working as a business analyst. Nitin holds a Bachelor of Commerce degree from the University of Delhi and an MBA from Insead, Singapore. He is a member of the Institute of Chartered Accountants of India.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Reporting Fund Status, UCITS IV Compliant, MAS Unrestricted Scheme
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Czech Republic, Germany, Denmark, Spain, Finland, France, United Kingdom, Guernsey, Hong Kong, Hungary, Ireland, Iceland, Italy, Jersey, Republic Of Korea, Luxembourg, Macau, Malta, Netherlands, Norway, Offshore, Oman, Poland, Portugal, Qatar, Singapore, Slovakia, Sweden, Taiwan - Province Of China
Fidelity Asian Smaller Companies 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)2.06%
Total expense ratio (TER)1.25%
Bid price-
Offer price-
Mid price22.66
CurrencyEUR
Price updated26/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0M9F
Fidelity Asian Smaller Companies A Acc SGD
Initial charge5.25%
Annual charge1.5%
Min single investment£2,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.81%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.086
CurrencySGD
Price updated26/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFR7Q
Fidelity Asian Smaller Companies 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)2.1%
Total expense ratio (TER)1.22%
Bid price-
Offer price-
Mid price19.07
CurrencyUSD
Price updated26/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0M9G
Fidelity Asian Smaller Companies A EUR
Initial charge5.25%
Annual charge1.5%
Min single investment£2,500
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.1%
Total expense ratio (TER)1.24%
Bid price-
Offer price-
Mid price22.32
CurrencyEUR
Price updated26/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code0M9H
Fidelity Asian Smaller Companies A USD
Initial charge5.25%
Annual charge1.5%
Min single investment£2,500
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.17%
Total expense ratio (TER)1.25%
Bid price-
Offer price-
Mid price18.76
CurrencyUSD
Price updated26/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code0M9I
Fidelity Asian Smaller Companies E Acc EUR
Initial charge-
Annual charge1.5%
Min single investment£2,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.56%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price12.16
CurrencyEUR
Price updated26/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFNYZ
Fidelity Asian Smaller Companies Y Acc EUR
Initial charge-
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price11.27
CurrencyEUR
Price updated26/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFVZE
Fidelity Asian Smaller Companies Y Acc GBP
Initial charge-
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.32%
Total expense ratio (TER)0.48%
Bid price-
Offer price-
Mid price23.84
CurrencyGBP
Price updated26/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0M9D
Fidelity Asian Smaller Companies Y Acc USD
Initial charge-
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.33%
Total expense ratio (TER)0.49%
Bid price-
Offer price-
Mid price19.77
CurrencyUSD
Price updated26/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0M9E
Fidelity Asian Smaller Companies Y EUR
Initial charge-
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price12.2
CurrencyEUR
Price updated26/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFWHA
Fidelity Asian Smaller Companies Y USD
Initial charge-
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price12.29
CurrencyUSD
Price updated26/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFWHB
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.