Total Ongoing Charges
Please note that whilst we endeavour to show all charges associated with specific funds, sometimes this is not possible due to the information
not being made available by the fund provider. In such cases transaction or incidental cost information may be missing.
The Fidelity Asian Values trust is managed by Nitin Bajaj, a manager we rate highly. He is able to draw on the research produced on Asian equities by Fidelity to complement his value based, benchmark agnostic stock selection approach. As performance has the potential for be volatile given the nature of the asset class, investors should be willing to hold the trust for the long term, but should enjoy the benefit of the manager's value style over a meaningful holding period. Bajaj also manages an open ended version of the strategy where he structurally holds between 6-10% in cash and 10-15% in large caps to manage against a liquidity event. The Fidelity Asian Values investment trust will not need this exposure to larger companies, and as such, we regard the trust as offering investors a more unconstrained version of the manager's investment process.
Fidelity Asian Values PLC is an investment company. Its objective is to achieve long-term capital growth principally from the stock markets of the Asian Region, excluding Japan. It seeks to meet its investment objective through investment in a diversified portfolio of securities and instruments issued by or related to companies listed on the stock markets in the Asian Region, excluding Japan, but investments may be made in companies listed elsewhere. It may invest directly in the shares of companies or indirectly through equity-related instruments (such as derivative contracts, warrants or convertible bonds) and in debt instruments. It may also invest in quoted securities and in other investment funds. Its investment portfolio comprises investments in sectors, such as consumer discretionary, financials, information technology, consumer staples, industrials, healthcare, telecommunications services and energy. FIL Investment Services (UK) Limited is the Company's investment manager.
BRIEF: For the fiscal year ended 31 July 2018, Fidelity Asian Values PLC revenues increased 36% to £7.4M. Net income decreased 85% to £6.8M. Revenues reflect Foreign exchange (losses)/gains increase from -£616K to £568K, Losses on derivative instruments increase of 20% to -£1.9M, Overseas Dividends increase of 2% to £8.2M. Net income was offset by Net Loss - Fin. Instruments Fair Value decrease of 91% to £4.1M (income).
Add a sector as a comparatorAdd an index as a comparatorAdd a share as a comparator
Add a moving average as a comparatorAdd a lower indicator as a comparatorChart StyleCurrent Comparators
Headline performance can mask the true characteristics of a fund. Without fully understanding how a fund is managed, you may inadvertanly become exposed to an undesirable level of risk to your capital. Some funds carry a dilution levy which reduces the number of units realised on any initial investment as an initial charge. If this fund carries such a levy it should be detailed in the Key Investor Information Document (KIID), which we must provide and you should read before investing.
The graphs shown are supplied by an external data provider and may contain data that appears to preced the introduction of the clean unit class for this fund. In such cases, historial data has been synthesised at the entire discretion of that external provider as realistically as possible using historical data recorded against the previously available commission-paying version of the fund, adjusting for fees in the process.
The documents listed below are the latest versions made available to our data provider by the fund management group, but may not necessarily reflect the applicable charges that would be levied should you purchase this fund via Charles Stanley Direct. You should treat the charges and other figures shown in the 'Overview' tab as accurate.
Fund Provider Factsheet
The Fact Sheet is supplied on a monthly basis by the management group and provides limited information on the fund. Past performance data and a review of how the fund has performed are commonly featured.
Key Information Document
This document, issued by the product provider, provides key information about an investment product. The information is required by law to help potential investors understand the nature, risks, costs, potential gains and losses of the product and enable comparison with other products.
A report published by the Fund Management Group detailing the progress of the fund during the course of the previous 12 months. The information provided includes a financial statement for the group as a whole.
7,286,753 bytes PDF Document; last updated 31 Jul 2018
Semi Annual Report
Published periodically through the course of the financial year of the fund, the report provides an overview of the fund's performance and the prospects for the remainder of the year. Included are portfolio changes (i.e. which stocks have been bought and sold), and changes in the geographical breakdown during the course of the previous 12 months.
This is a formal document which contains details of the funds' objectives, investment strategies, risks, performance, distribution policy, fees and expenses and, fund management style. A fund’s prospectus must be lodged with the Financial Conduct Authority (FCA) for authorisation.
723,414 bytes PDF Document; last updated 31 Aug 2017
has managed this fund for 3 years and 8 months.
Nitin joined Fidelity International in 2003 as a research analyst in London. After a very successful and highly rated period in research, in 2007, he became an Assistant Portfolio Manager for the Global Special Situations Fund in the UK with a remit to search for investment opportunities globally. As a research analyst, he covered European food and tobacco and large cap Italian and Spanish banks. Prior to joining Fidelity, he was at KPMG in India for four years working as a business analyst. Nitin holds a Bachelor of Commerce degree from the University of Delhi and an MBA from Insead, Singapore. He is a member of the Institute of Chartered Accountants of India.