Part of our Foundation Fundlist FIDELITY ASIAN VALUES ORD GBP0.25

Symbol: FAS

Whilst we endeavour to price investments on a real-time streaming or 15 min delayed basis, some prices may be as at close of business from the previous working day.

Invest in this share within an ISA, JISA, SIPP or Investment Account

Past Performance

  • 22nd Mar 2014 to 22nd Mar 201532.68%
  • 22nd Mar 2015 to 22nd Mar 2016-2.80%
  • 22nd Mar 2016 to 22nd Mar 201756.16%
  • 22nd Mar 2017 to 22nd Mar 20181.98%
  • 22nd Mar 2018 to 22nd Mar 201911.67%

Key Information

Benchmark MSCI AC Asia ex Japan
Sector IT Asia Pacific - Excluding Japan
AMC 0.70%
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.
1.19%
Gearing 100%
Performance Fee 0%
Ex-Dividend Date 11 Oct 2018
Dividend Pay Date 17 Dec 2018
Total Dividends - Year to Date5.5
Dividend Yield (%)1.2791

Net Asset Value (Nav)

Latest actual NAV 418.65
Latest actual NAV date 20/03/2019
NAV frequency Daily
Premium/Discount 2.71%

Part of our Foundation Fundlist Part of our Foundation Fundlist
WHY IS THIS FUND ON OUR FOUNDATION FUNDLIST?

Cost and Charges Information

This calculator provides you with costs and charges information regarding our charges and, where relevant, the costs within this investment product

Account Type

  • Investment Account
  • Stocks & Shares ISA
  • SIPP

Annual charges

These are the annual costs based on an initial investment amount of £5,000 over 1 year assuming a net zero growth rate

Cost Category % of Investment £5000 lump sum costs
Our annual fee

Our annual fee

Includes our platform fee at 0.35% per annum for Funds (up to £250,000) and Stocks & Shares (min £24 max £240), plus SIPP administration fee (if applicable, only charged if <£30,000 held) - see here
0.35%
Dealing charges

Dealing charges

Any one-off commission charges associated with investing. Note that government taxes and levies are not included
N/A
Product provider costs

Product provider costs

Product provider costs shown are inclusive of the fund ongoing charges figure (OCF), transaction costs and incidental costs
1.19%
Total (£)

Total (£)

Costs per annum displayed in monetary value
Total (%)

Total (%)

Costs per annum displayed as a percentage of investment value

Cumulative effect of charges on your investment's return

This illustration assumes that costs occur evenly throughout the year, charges are paid out of the investment evenly throughout the year, and that an annual growth rate of 5% applies evenly throughout the year, before any charges including product charges

£5,000 lump sum invested with an assumed growth rate of 5% 1 year 5 years
What you might get back at 5% with no charges applied

What you might get back at 5% with no charges applied

These are the illustrative values of a £5,000 investment after growth and no costs applied at the end of the defined period
Annual charges

Annual charges

These are the annual costs based on an initial investment amount of £5,000 assuming a net zero growth rate
Effect of charges on return (%)

Effect of charges on return (%)

These are the overall costs in percentage terms, based on an initial investment amount of £5,000 assuming a 5% growth rate
Effect of charges on return (£)

Effect of charges on return (£)

These are the overall costs in monetary value, based on an initial investment amount of £5,000 assuming a 5% growth rate
What you might get back at 5% with charges applied

What you might get back at 5% with charges applied

These are the illustrative values of a £5,000 investment after growth and costs at the end of the defined period

This illustration is not a forecast of future investment performance but merely a means to demonstrate the potential impact of costs and charges for an assumed return of 5%. Whilst we make reasonable endeavours to ensure the accuracy of third party charges information, this is intended for illustrative purposes only and should not be relied upon. We do not warrant or represent that this information is accurate, complete or up to date, therefore we accept no responsibility or liability for its use

Company

Business Summary

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.

Financial Summary

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).

Performance

  • Chart Options

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      Cumulative Performance

      1 month3 months6 months1 year3 years5 years
      1.53% 5.39% 7.55% 11.67% 77.84% 129.34%

      Important Information
      Headline performance can mask the true characteristics of a fund. Without fully understanding how a fund is managed, you may inadvertently 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 charts and performance data shown are supplied by an external data provider and may contain data that appears to precede the introduction of the clean unit class for this fund. In such cases, historical 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.

      Composition

      Important Documents


      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.
      FUND PROVIDER FACTSHEET
      277,531 bytes PDF Document; last updated 28 Feb 2019
      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.
      KEY INFORMATION DOCUMENT
      203,595 bytes PDF Document; last updated 18 Feb 2019
      Annual Report 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.
      ANNUAL REPORT
      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.
      SEMI-ANNUAL REPORT
      732,536 bytes PDF Document; last updated 31 Jan 2018

      Management Team

      Nitin Bajaj has managed this fund for 3 years and 11 months.

      Nitin Bajaj Nitin Bajaj joined Fidelity in 2003 in London, as a research analyst covering European food and tobacco and large cap Italian and Spanish banks. In 2007, after a very successful and highly rated period in research, he was appointed Assistant Portfolio Manager for the Fidelity Global Special Situations Fund in the UK.He subsequently moved to our Mumbai office in 2009 to manage Fidelity’s domestic Indian equity funds and later to Singapore in early 2013. He was appointed Portfolio Manager for the FF Asian Smaller Companies Fund on 1 September 2013 and commenced management of the Fidelity Asian Values PLC on 1 April 2015.Prior to joining Fidelity, Nitin worked at KPMG as a business analyst. He holds a Bachelor of Commerce degree from the University of Delhi, an MBA from Insead, Singapore and is a member of the Institute of Chartered Accountants of India.

      Manager Cumulative Performance v Peer Group

      Performance Graph

      Other investment trusts managed by Nitin

      Name of Security Sole/Co Managed Since
      Fd Asn Valu PLC Sub Shs 0.001P Co Apr 2015

      Financials


      Income Statement - All values are in GBP (M).

      Year Ending

      31/07/2018

      31/07/2017

      31/07/2016

      31/07/2015

      31/07/2014

      31/07/2013

      Total Revenue 7.41 5.45 9.02 8.92 21.20 26.75
      Gross profit 3.80 2.35 6.92 6.74 19.26 25.07
      Operating Profit/Loss 3.31 1.65 6.41 6.18 18.70 24.54
      Profit Before Tax 7.39 46.56 60.07 7.77 18.70 24.54
      Profit After Tax 6.78 45.68 59.96 6.92 18.08 24.43
      Equity Holders of Parent Company 6.78 45.68 59.96 6.92 18.08 24.43
      Minority Interest NIL NIL NIL NIL NIL NIL


      Balance Sheet - All values are in GBP (M).

      Year Ending

      31/07/2018

      31/07/2017

      31/07/2016

      31/07/2015

      31/07/2014

      31/07/2013

      Total Non-Current Assets 273.71 264.08 222.42 162.86 169.88 151.27
      Total Current Assets 17.67 21.35 17.47 18.10 4.89 7.03
      Total Assets 291.38 285.43 239.90 180.96 174.77 158.30
      Total Liabilities NIL NIL NIL NIL NIL NIL
      Total Net Assets NIL NIL NIL NIL NIL NIL
      Shareholders Funds 287.97 280.19 237.55 178.94 172.76 155.83
      Minority Interests NIL NIL NIL NIL NIL NIL
      Total Equity NIL NIL NIL NIL NIL NIL

      Investment involves risk. You may get back less than invested.