Fact sheet: Fidelity Taiwan

Fund information

Fund name
Fidelity Taiwan A USD
Fund company manager
Fidelity International (FIL In
Fund type
SIB
Fund manager
Stephen Ma
since 01/04/2006
Fund objective
Aims to provide long-term capital growth with the level of income expected to be low. At least 70% invested in Taiwanese company 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 Taiwan 8% Capped
Investment style
None
Investment method
Shares

Performance snapshot

Quick stats

1 Year return

23.57 %

1 Year rank in sector

10/29

Sector

FO Equity - Asia Pacific Single Country

Yield
-
Fund size

£ 89.0 m

FE Risk score

140

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Taiwan
    99.3%
  • Money Market
    0.7%
  • Information Technology
    48.3%
  • Financials
    20.8%
  • Materials
    10.3%
  • Telecommunications Utilities
    5.3%
  • Consumer Discretionary
    4.8%
  • Taiwanese Equities
    99.3%
  • Money Market
    0.7%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund4.19 %17.97 %23.42 %13.53 %79.31 %
Sector2.64 %15.06 %15.04 %8.71 %39.6 %
Rank within sector12 / 2910 / 2910 / 2915 / 283 / 26
Quartile th2 nd2 nd2 nd3 rd1 st

Calendar performance

YTD-20172016201520142013
Fund21.75 %13.59 %-8.18 %5 %18.2 %
Sector18.2 %7.73 %-11.13 %7.69 %0.78 %
Rank within sector11 / 2911 / 2915 / 2916 / 283 / 27
Quartile th2 nd2 nd3 rd3 rd1 st

Risk statistics

Alpha0.73
Beta0.99
Sharpe-
Volatility14.99
Tracking error8.51
Information ratio0.04
R-Squared0.68

Price movement

52 week high12.97
52 week low10.45
Current bid price0
Current offer price0
Current mid price12.93

Holdings by region

  • 99.3% Taiwan
  • 0.7% Money Market

Holdings by sector

  • 48.3% Information Technology
  • 20.8% Financials
  • 10.3% Materials
  • 5.3% Telecommunications Utilities
  • 4.8% Consumer Discretionary
  • 4.4% Industrials
  • 3.1% Consumer Staples
  • 2.3% Health Care
  • 0.7% Money Market

Holdings by asset type

  • 99.3% Taiwanese Equities
  • 0.7% Money Market

Individual holdings

  • 10.1% HON HAI PRECISION INDUSTRY
  • 9.4% TAIWAN SEMICONDUCTOR MANUFACTURING
  • 5% MEGA FINANCIAL HLDG CO
  • 4.7% FUBON FINANCIAL HLDGS CO
  • 4.3% LARGAN PRECISION CO LTD
  • 4.1% FORMOSA PLASTIC CORP
  • 3.4% ADVANCED SEMICONDUCTOR ENGINEERING
  • 3.4% Formosa Chemicals & Fibre Corp ORD
  • 3.4% MEDIATEK INC
  • 3.3% CHUNGHWA TELECOM CO LTD