Fact sheet: Fidelity Emerging Asia

Fund information
Fund name
Fidelity Emerging Asia W Acc
Fund manager company
Fidelity International (FIL In
Fund type
OEIC
Fund managers
  • Dhananjay Phadnissince 01/11/2013
Fund objective
Aims to provide long-term capital growth. Invests principally in shares of companies having their head office or exercising a main part of their activity in less developed countries of Asia that are considered as emerging markets according to the MSCI Emerging Markets Asia Index. 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. May also make extensive use of derivatives including more complex instruments or strategies to achieve the investment objective and these may result in leverage. In such situations performance may rise or fall more than it would have done otherwise, reflecting such additional exposure. 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 Emerging Markets Asia
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
24.7%
1 Year rank in sector
38/63
Sector
UT Asia Pacific Excluding 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.
1.08%
Fund size
£75m (£21m 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.
117
Mid price
114.5
Top in this sector
Fund name1 Year
Invesco Perp Asian36.5%
Old Mutual Invesco Perp Asn35.3%
L&G Asian Income Trust32.1%
Old Mutual Asia Pacific31.1%
Fidelity Asia Pacific Opps30.1%
...more in UT Asia Pacific Excluding Japan

Performance snapshot

Holdings snapshot

  • China33.8%
    India15.7%
    Korea14.7%
    Taiwan13.8%
    Indonesia6.6%
  • Information Technology31.4%
    Financials22.8%
    Consumer Discretionary11.6%
    Consumer Staples7.5%
    Health Care7%
  • Chinese Equities33.8%
    Indian Equities15.7%
    South Korean Equities14.7%
    Taiwanese Equities13.8%
    Indonesian Equities6.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-6.4%-1.2%19.8%24.7%53.6%68.8%
Sector-4.8%1.4%21.4%25%29%52.6%
Rank within sector52 / 6554 / 6546 / 6538 / 631 / 577 / 50
Quartile4th4th3rd3rd1st1st
Calendar performance
 YTD - 20162015201420132012
Fund24.7%1.1%24.2%-1.1%12.6%
Sector25%-3.8%9.2%3.4%15.7%
Rank within sector38 / 6310 / 611 / 5740 / 5145 / 50
Quartile3rd1st1st4th4th
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.
6.18
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.
1.05
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.
0.87
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%.
14.98
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.
3.51
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.
1.84
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.
0.95
Price movement
52 week high126.1
52 week low83.19
Current bid price-
Current offer price-
Current mid price114.5
Region
1China33.8%
2India15.7%
3Korea14.7%
4Taiwan13.8%
5Indonesia6.6%
6Hong Kong3.4%
7Philippines3.2%
8Thailand2.3%
9Singapore2.2%
Industry sector
1Information Technology31.4%
2Financials22.8%
3Consumer Discretionary11.6%
4Consumer Staples7.5%
5Health Care7%
6Telecommunications Utilities5.3%
7Energy4.6%
8Industrials4.4%
9Real Estate2%
Asset type
1Chinese Equities33.8%
2Indian Equities15.7%
3South Korean Equities14.7%
4Taiwanese Equities13.8%
5Indonesian Equities6.6%
6Hong Kong Equities3.4%
7Philippine Equities3.2%
8Thai Equities2.3%
9Singapore Equities2.2%
Individual holdings
1TENCENT HLDGS LTD5.58%
2HDFC BANK LTD4.32%
3HDFC BANK LTD4.32%
4TAIWAN SEMICONDUCTOR MANUFACTURING3.6%
5CHINA MOBILE LTD3.27%
6INDUSTRIAL & COM BK CHNA3.25%
7TAIWAN SEMICONDUCTOR MANUFACTURING2.87%
8ALIBABA GROUP HLDG LTD2.76%
9SAMSUNG ELECTRONICS CO2.62%
Management
Fund manager group
No data available.
Fund manager company
Fidelity International (FIL In
Fund type
OEIC
Fund objective
Aims to provide long-term capital growth. Invests principally in shares of companies having their head office or exercising a main part of their activity in less developed countries of Asia that are considered as emerging markets according to the MSCI Emerging Markets Asia Index. 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. May also make extensive use of derivatives including more complex instruments or strategies to achieve the investment objective and these may result in leverage. In such situations performance may rise or fall more than it would have done otherwise, reflecting such additional exposure. 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 Emerging Markets Asia
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Dhananjay Phadnis01/11/2013Dhananjay 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
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
France, United Kingdom, Guernsey, Ireland, Jersey
Fidelity Emerging Asia A Acc
Initial charge-
Annual charge1.5%
Min single investment£1,000
Min regular saving£250
Available in ISAYes
Ongoing charge (OCF)1.82%
Total expense ratio (TER)1.82%
Bid price-
Offer price-
Mid price146.3
CurrencyGBX
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code03HZ
Fidelity Emerging Asia W Acc
Initial charge-
Annual charge0.75%
Min single investment£1,000
Min regular saving£250
Available in ISANo
Ongoing charge (OCF)1.08%
Total expense ratio (TER)1.08%
Bid price-
Offer price-
Mid price114.5
CurrencyGBX
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGMTT
Fidelity Emerging Asia Y Acc
Initial charge-
Annual charge1%
Min single investment£1,000
Min regular saving£250
Available in ISAYes
Ongoing charge (OCF)1.29%
Total expense ratio (TER)1.32%
Bid price-
Offer price-
Mid price150.6
CurrencyGBX
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code03I0
Data provided by

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