Fidelity Funds - China RMB Bond Fund A-Acc-EUR

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Performance History30/04/2024
Growth of 1,000 (GBP) Advanced Graph
Fidelity Funds - China RMB Bond Fund A-Acc-EUR
Fund7.93.4-2.5-5.81.5
+/-Cat1.70.2-3.3-0.90.1
+/-B’mrk0.3-2.8-7.8-1.00.0
 
Key Stats
NAV
22/05/2024
 EUR 14.02
Day Change -0.08%
Morningstar Category™ China Bond
ISIN LU0740036131
Fund Size (Mil)
30/04/2024
 CNY 1571.93
Share Class Size (Mil)
22/05/2024
 EUR 30.93
Max Initial Charge 3.50%
Ongoing Charge
02/02/2024
  1.08%
Morningstar Research
Analyst Report03/05/2024
Niki Wu, Senior Analyst
Morningstar, Inc

Fidelity China RMB Bond is managed by a promising lead manager. While we continue to build conviction in him, the uptick in analyst turnover and ongoing investment process enhancements warrants a reiteration of Morningstar Analyst Ratings of...

Click here to read this analyst report on the underlying fund.
Morningstar Pillars
People23
Parent24
Process23
Performance
Price
Investment Objective: Fidelity Funds - China RMB Bond Fund A-Acc-EUR
The fund aims to maximise total return over the long term. The fund aims to achieve its investment objective through exposure to RMB denominated debt, money market instruments, cash and cash equivalents (including term deposits). The fund invests at least 70% of its assets, in investment grade debt securities denominated in RMB, investment grade securities of issuers that do most of their business in the Asia Pacific region, securities denominated in RMB of investment grade issuers, or in securities of investment grade issuers that do most of their business in the Asia Pacific region, including emerging markets. The fund invests at least 50% of its assets in securities of issuers with favourable environmental, social and governance (ESG) characteristics.
Returns
Trailing Returns (GBP)22/05/2024
YTD0.20
3 Years Annualised-1.23
5 Years Annualised0.23
10 Years Annualised3.98
12 Month Yield 0.00
Management
Manager Name
Start Date
Morgan Lau
01/07/2020
Terrence Pang
01/07/2020
Click here to see others
Inception Date
18/06/2012
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Category Benchmark
Fund BenchmarkMorningstar Benchmark
Not BenchmarkedMarkit iBoxx ALBI China Offshore TR CNH
Target Market
Role In Portfolio
Standalone / CoreNot Specific
ComponentNot Specific
OtherNot Specific
Primary Objective
PreservationNot Specific
GrowthYes
IncomeYes
HedgingNot Specific
OtherNot Specific
Portfolio Profile for  Fidelity Funds - China RMB Bond Fund A-Acc-EUR31/03/2024
Fixed Income
Effective Maturity5.67
Effective Duration3.90
Morningstar Style Box®
Fixed Income Style
Asset Allocation
  % Long% Short% Net Assets
Stock0.000.000.00
Bond95.100.2494.87
Property0.000.000.00
Cash50.4346.883.55
Other1.590.001.59

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In order to provide consistency across the report data provided by different Asset Managers, the calculated data points presented are generated using Morningstar’s proprietary calculation methodology which is set out in more detail at(https://www.morningstar.com/research/signature)
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