Fidelity Funds - China Focus Fund A-DIST-USD

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Performance History29/02/2024
Growth of 1,000 (GBP) Advanced Graph
Fidelity Funds - China Focus Fund A-DIST-USD
Fund-4.9-3.39.4-11.7-3.1
+/-Cat-38.811.525.28.6-0.9
+/-B’mrk-17.819.83.3-1.2
 
Key Stats
NAV
01/03/2024
 USD 55.49
Day Change 0.75%
Morningstar Category™ China Equity
ISIN LU0173614495
Fund Size (Mil)
31/01/2024
 USD 2547.99
Share Class Size (Mil)
01/03/2024
 USD 815.42
Max Initial Charge 5.25%
Ongoing Charge
02/02/2024
  1.91%
Morningstar Research
Analyst Report25/04/2023
Claire Liang, Senior Analyst
Morningstar, Inc

We like certain aspects of Fidelity China Focus, but we continue to have some reservations on the new manager’s investment capability in the large-cap China equity space. His investment process’s viability in this single-country strategy also...

Click here to read this analyst report on the underlying fund.
Morningstar Pillars
People23
Parent24
Process23
Performance
Price
Investment Objective: Fidelity Funds - China Focus Fund A-DIST-USD
The fund aims to achieve capital growth over time.
Returns
Trailing Returns (GBP)01/03/2024
YTD-2.38
3 Years Annualised-6.00
5 Years Annualised-2.93
10 Years Annualised6.49
12 Month Yield 2.25
Dividend Paying Frequency Annually
Management
Manager Name
Start Date
Nitin Bajaj
30/09/2022
Alice Li
01/08/2021
Inception Date
18/08/2003
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Category Benchmark
Fund BenchmarkMorningstar Benchmark
MSCI China Capped 10% NR USDMorningstar China TME NR USD
Target Market
Role In Portfolio
Standalone / CoreNot Specific
ComponentNot Specific
OtherNot Specific
Primary Objective
PreservationNot Specific
GrowthYes
IncomeNot Specific
HedgingNot Specific
OtherNot Specific
Portfolio Profile for  Fidelity Funds - China Focus Fund A-DIST-USD31/01/2024
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock94.970.0094.97
Bond0.530.000.53
Property0.000.000.00
Cash4.770.284.50
Other0.000.000.00
Top 5 Regions%
Asia - Emerging79.14
Asia - Developed13.55
Eurozone3.32
United Kingdom2.80
United States0.71
Top 5 Sectors%
Consumer Cyclical27.43
Financial Services16.95
Communication Services10.08
Energy8.48
Industrials8.44
Top 5 HoldingsSector%
Alibaba Group Holding Ltd Ordina... Consumer CyclicalConsumer Cyclical7.34
Tencent Holdings LtdCommunication ServicesCommunication Services5.43
Industrial And Commercial Bank O... Financial ServicesFinancial Services4.23
China Construction Bank Corp Cla... Financial ServicesFinancial Services4.07
Galaxy Entertainment Group LtdConsumer CyclicalConsumer Cyclical4.04
Fidelity Funds - China Focus Fund A-DIST-USD

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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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