Fact sheet: Fidelity China Focus

Fund information

Fund name
Fidelity China Focus Y GBP
Fund company manager
Fidelity International (FIL In
Fund type
SIB
Fund manager(s)
Jing Ning
since 01/11/2013
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 Chinese companies listed in China and Hong Kong as well as non-Chinese companies that have a significant portion of their activities in China. 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 China Capped 10%
Investment style
Growth
Investment method
Shares

Performance snapshot

Sector
Fund
Sector
Fund
Sector
Fund

Quick stats

1 Year return

22.15 %

1 Year rank in sector

-

Sector

FO Equity - Greater China

Yield
-
Fund size

£ 4.4 b

FE Risk score

156

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • China
    94.8%
  • Hong Kong
    2.5%
  • Money Market
    2.5%
  • Cayman Islands
    0.2%
  • Information Technology
    30.7%
  • Consumer Discretionary
    16.9%
  • Energy
    10.7%
  • Industrials
    10.1%
  • Real Estate
    8.1%
  • Chinese Equities
    94.8%
  • Hong Kong Equities
    2.5%
  • Money Market
    2.5%
  • American Emerging Equities
    0.2%

Performance vs. Sector

Sector
Fund
Sector
Fund
Sector
Fund

Cumulative performance

1m6m1y3y5y
Fund5.33 %15.68 %22.15 %98.28 %132.39 %
Sector3.61 %23.42 %30.9 %40.73 %66.06 %
Rank within sector / / / / /
Quartile th th th th th th

Calendar performance

YTD-20172016201520142013
Fund28.28 %24.24 %5.42 %19.65 %8.55 %
Sector39.49 %0.69 %-4.99 %4.61 %10.66 %
Rank within sector / / / / /
Quartile th th th th th th

Risk statistics

Alpha14.12
Beta0.9
Sharpe1.05
Volatility19.28
Tracking error10.58
Information ratio1.18
R-Squared0.7

Price movement

52 week high2.114
52 week low1.625
Current bid price0
Current offer price0
Current mid price2.095

Holdings by region

  • 94.8% China
  • 2.5% Hong Kong
  • 2.5% Money Market
  • 0.2% Cayman Islands

Holdings by sector

  • 30.7% Information Technology
  • 16.9% Consumer Discretionary
  • 10.7% Energy
  • 10.1% Industrials
  • 8.1% Real Estate
  • 5.9% Materials
  • 5.6% Consumer Staples
  • 4.1% Telecommunications Utilities
  • 3.9% Utilities
  • 2.5% Money Market

Holdings by asset type

  • 94.8% Chinese Equities
  • 2.5% Hong Kong Equities
  • 2.5% Money Market
  • 0.2% American Emerging Equities

Individual holdings

  • 7.9% TENCENT HLDGS LTD
  • 7.1% CHINA CONSTRUCTION BANK
  • 6.3% ALIBABA GROUP HLDG LTD
  • 6% INDUSTRIAL & COM BK CHINA
  • 4.9% CHINA LIFE INSURANCE CO
  • 3.9% CHINA MOBILE LTD
  • 3.4% CHINA MERCHANTS BANK CO LTD
  • 3.2% CNOOC
  • 3.2% GREE ELECTRICAL APP INC OF ZHUHAI
  • 2.9% CHINA PETROLEUM & CHEMICAL CORP