Fact sheet: Fidelity Asian Hi Yd

Fund information

Fund name
Fidelity Asian High Yield Y Acc USD
Fund company manager
Fidelity International (FIL In
Fund type
SIB
Fund manager(s)
Bryan Collins
since 01/10/2009
Fund objective
Aims to provide high current income and capital growth. At least 70% invested in high yielding sub investment grade bonds of issuers or in high-yielding bonds of sub investment grade issuers, all having their main business activities in Asia. The fund may invest its net assets directly in onshore China bonds listed or traded on any eligible market in China. Has the freedom to invest outside the fund's principal geographies, market sectors, industries or asset classes. Investments may be made in bonds issued in currencies other than the fund’s reference currency. Exposure to currencies may be hedged, for example with currency forward contracts. The reference currency is the currency used for reporting and may be different from the dealing currency. Can invest in bonds issued by governments, companies and other bodies. The types of bonds in which the fund will mainly invest will be subject to high risk and will not be required to meet a minimum rating standard. 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
The BofA Merrill Lynch Asian Dollar High Yield Corporate Constrained Blended Index
Investment style
High Yield
Investment method
Fixed Interest

Performance snapshot

Sector
Fund
Sector
Fund
Sector
Fund

Quick stats

1 Year return

7.68 %

1 Year rank in sector

4/30

Sector

FO Fixed Int - Asia Pacific

Yield

6.13

Fund size

£ 4.2 b

FE Risk score

89

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Asia Pacific ex Japan
    83.67%
  • USA
    7.26%
  • Australasia
    2.03%
  • Japan
    1.48%
  • France
    1.45%
  • Property
    20.82%
  • Banks
    12.29%
  • Basic Industries
    10.61%
  • Cyclical Consumer Goods
    8.18%
  • Government Bonds
    8.09%
  • Asia Pacific ex Japan Fixed Interest
    83.67%
  • US Fixed Interest
    7.26%
  • Global Fixed Interest
    2.86%
  • Asia Pacific Fixed Interest
    2.03%
  • Japanese Fixed Interest
    1.48%

Performance vs. Sector

Sector
Fund
Sector
Fund
Sector
Fund

Cumulative performance

1m6m1y3y5y
Fund-0.26 %2.22 %7.68 %22.55 %37.53 %
Sector-0.24 %2.11 %5.41 %7.59 %9.96 %
Rank within sector16 / 3316 / 314 / 303 / 231 / 15
Quartile th2 nd3 rd1 st1 st1 st

Calendar performance

YTD-20172016201520142013
Fund6.85 %14.11 %1.93 %4.08 %3.17 %
Sector5.97 %4.65 %-2.04 %3.68 %-3.34 %
Rank within sector15 / 315 / 287 / 2315 / 211 / 18
Quartile th2 nd1 st2 nd3 rd1 st

Risk statistics

Alpha4.65
Beta0.97
Sharpe0.7
Volatility5.01
Tracking error2.7
Information ratio1.68
R-Squared0.71

Price movement

52 week high19.45
52 week low17.94
Current bid price0
Current offer price0
Current mid price19.35

Holdings by region

  • 83.67% Asia Pacific ex Japan
  • 7.26% USA
  • 2.03% Australasia
  • 1.48% Japan
  • 1.45% France
  • 1.34% Others
  • 1.26% Not Specified
  • 1.25% Latin America
  • 0.26% International

Holdings by sector

  • 20.82% Property
  • 12.29% Banks
  • 10.61% Basic Industries
  • 8.18% Cyclical Consumer Goods
  • 8.09% Government Bonds
  • 7.8% Utilities
  • 5.64% Energy
  • 4.96% Money Market
  • 4.71% Technology
  • 3.88% Non-Cyclical Consumer Goods

Holdings by asset type

  • 83.67% Asia Pacific ex Japan Fixed Interest
  • 7.26% US Fixed Interest
  • 2.86% Global Fixed Interest
  • 2.03% Asia Pacific Fixed Interest
  • 1.48% Japanese Fixed Interest
  • 1.45% French Fixed Interest
  • 1.25% American Emerging Fixed Interest

Individual holdings

-