Fact sheet: Fidelity China Opps

Fund information

Fund name
Fidelity China Opportunities A USD
Fund company manager
Fidelity International (FIL In
Fund type
SIB
Fund manager(s)
Raymond Ma
since 01/07/2017
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 having their head office or main activities in China or Hong Kong. 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 Zhong Hua Capped 10% (N)
Investment style
Growth
Investment method
Shares

Performance snapshot

Sector
Fund
Sector
Fund
Sector
Fund

Quick stats

1 Year return

41.5 %

1 Year rank in sector

19/38

Sector

FO Equity - Greater China

Yield
-
Fund size

£ 41.0 m

FE Risk score

151

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • China
    73.5%
  • Hong Kong
    24.5%
  • Cayman Islands
    0.7%
  • UK
    0.6%
  • Money Market
    0.4%
  • Financials
    29.1%
  • Information Technology
    24.3%
  • Real Estate
    11.1%
  • Consumer Discretionary
    9.8%
  • Industrials
    4.9%
  • Chinese Equities
    73.5%
  • Hong Kong Equities
    24.5%
  • American Emerging Equities
    0.7%
  • UK Equities
    0.6%
  • Money Market
    0.4%

Performance vs. Sector

Sector
Fund
Sector
Fund
Sector
Fund

Cumulative performance

1m6m1y3y5y
Fund6.44 %25.27 %41.5 %41.94 %62.27 %
Sector6.19 %25.26 %42.52 %43.38 %72.02 %
Rank within sector15 / 3816 / 3819 / 3824 / 3528 / 32
Quartile th2 nd2 nd2 nd3 rd4 th

Calendar performance

YTD-20172016201520142013
Fund48.65 %-0.4 %-5.85 %2.65 %8.3 %
Sector47.43 %0.69 %-4.99 %4.61 %10.66 %
Rank within sector17 / 3825 / 3727 / 3523 / 3422 / 32
Quartile th2 nd3 rd4 th3 rd3 rd

Risk statistics

Alpha-0.55
Beta1
Sharpe0.32
Volatility18.34
Tracking error3.31
Information ratio-0.17
R-Squared0.97

Price movement

52 week high15.2
52 week low10.11
Current bid price0
Current offer price0
Current mid price15.15

Holdings by region

  • 73.5% China
  • 24.5% Hong Kong
  • 0.7% Cayman Islands
  • 0.6% UK
  • 0.4% Money Market
  • 0.3% Singapore

Holdings by sector

  • 29.1% Financials
  • 24.3% Information Technology
  • 11.1% Real Estate
  • 9.8% Consumer Discretionary
  • 4.9% Industrials
  • 4.2% Health Care
  • 4% Energy
  • 4% Telecommunications Utilities
  • 3.7% Consumer Staples
  • 2.5% Utilities

Holdings by asset type

  • 73.5% Chinese Equities
  • 24.5% Hong Kong Equities
  • 0.7% American Emerging Equities
  • 0.6% UK Equities
  • 0.4% Money Market
  • 0.3% Singapore Equities

Individual holdings

  • 9.9% ALIBABA GROUP HLDG LTD
  • 9.9% TENCENT HLDGS LTD
  • 5.7% AIA GROUP LTD
  • 4.3% CHINA CONSTRUCTION BANK
  • 4.2% INDUSTRIAL & COM BK CHINA
  • 3.6% PING AN INSURANCE(GR)CO OF CHINA
  • 2.9% HONG KONG EXCHANGES & CLEARING
  • 2.8% CHINA MOBILE LTD
  • 2.6% BAIDU INC
  • 2.4% CHINA LIFE INSURANCE CO