Fidelity (Onshore) Sustainable Asia Equity Class W Acc
Report And Accounts
Simplified Prospectus / KIID
Performance
Discrete performance - to last month end
| 31/03/19 to 31/03/20 |
31/03/20 to 31/03/21 |
31/03/21 to 31/03/22 |
31/03/22 to 31/03/23 |
31/03/23 to 31/03/24 |
|
|---|---|---|---|---|---|
| Fund | -7.8% | 52.8% | -12.4% | -0.6% | -6.5% |
| Sector | -11.3% | 48.5% | -5.2% | -2.5% | 0.3% |
| Rank | 32/104 | 45/106 | 79/112 | 26/117 | 109/118 |
| Quartile | 2 | 2 | 3 | 1 | 4 |
Annualised performance
| Annualised | ||||
|---|---|---|---|---|
| 3 Years to 31/03/24 |
5 Years to 31/03/24 |
10 Years to 31/03/24 |
||
| Fund | -6.6% | 2.8% | 8.8% | |
| Sector | -2.5% | 4.1% | 7.2% | |
| Rank | 79/112 | 70/104 | 12/81 | |
| Quartile | 3 | 3 | 1 | |
Top 10 Holdings
| Stock | % Weight |
|---|---|
| TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED | 9.80 |
| SAMSUNG ELECTRONICS CO. LTD | 9.56 |
| AIA GROUP LIMITED | 6.92 |
| ICICI BANK LIMITED | 6.31 |
| TENCENT HOLDINGS LIMITED | 4.60 |
| AXIS BANK LIMITED | 2.51 |
| CP ALL PCL | 2.46 |
| SANDS CHINA | 2.42 |
| ANTA SPORTS PRODUCTS LIMITED | 2.23 |
| INFOSYS LTD | 2.09 |
| Total | 48.91 |
Fund Aims
The fund aims to generate long-term capital growth investing principally in securities of companies having their head office or exercising predominant part of their activity in less developed countries of Asia that are considered as emerging markets accor
Fund Manager
Dhananjay Phadnis joined Fidelity Worldwide Investment in 2004 as an Investment Analyst, based in Mumbai, India, and Hong Kong. In 2008 he took the position of portfolio manager for the FF Indonesia Fund. In addition, he was assigned the role of Director of Research in Hong Kong on 1 April 2009. His previous experience includes a period from 2001 to 2004 at JP Morgan India, where he held the position of Associate, Equities Research. He was also an Assistant Audit Manager at AF Ferguson & Co. Chartered Accountants, Pune, India in 1999. Dhananjay holds a B.Comm., from Brihan Maharasutra College of Commerce, Pune Unviersity, India and is a CFA Charterholder. He also holds a Post Graduate Diploma in Management (Finance) from the Indian Institute of Management, Bangalore, India, and is an Associate Chartered Accountant, Institute of Chartered Accountants of India,
Fund Overview
| Mid (26/04/2024) | 180.00p |
| Historic yield | - |
| Fund size (31/01/2024) | £77.51m |
| Number of holdings | 79 |
| Entry Charge | 0.00% |
| Ongoing Charges | 0.89% |
| Launch date | 28/01/2015 |
Asset Allocation
| International Equities | 86.83% | |
| Cash and Equivalents | 6.42% | |
| UK Equities | 2.17% | |
| Property | 1.81% | |
| Alternative Trading Strategies | 0.03% | |
| Other Assets | 2.74% |
Important Information
Source of portfolio data: Broadridge. Source of performance data: FE fundinfo. Please remember that past performance is not a reliable indicator of future performance. The figures shown are intended only to demonstrate performance history of the fund and take no account of product charges. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with net income reinvested. The value of your client's investment may go down as well as up and the fund value may be less than the payments your client has made. Please also note that our charges may vary in the future and may be higher than they are now.
This factsheet is for investment professionals and is for information purposes only. You should refer to your client's policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this report or make any warranties regarding results from its usage.
Asset Allocation
| International Equities | 86.83% | |
| Cash and Equivalents | 6.42% | |
| UK Equities | 2.17% | |
| Property | 1.81% | |
| Alternative Trading Strategies | 0.03% | |
| Other Assets | 2.74% |
Equity Sector Breakdown
| Industry | Supersector | Sector | Subsector | ||
|---|---|---|---|---|---|
| Financials | 25.29% | - | - | - | |
| Banks | - | 13.45% | - | - | |
| Banks | - | - | 13.45% | - | |
| Banks | - | - | - | 13.45% | |
| Insurance | - | 9.42% | - | - | |
| Life Insurance | - | - | 9.42% | - | |
| Life Insurance | - | - | - | 9.42% | |
| Financial Services | - | 2.42% | - | - | |
| Investment Banking & Brokerage Services | - | - | 1.72% | - | |
| Investment Services | - | - | - | 1.72% | |
| Finance & Credit Services | - | - | 0.70% | - | |
| Consumer Lending | - | - | - | 0.70% | |
| Technology | 23.99% | - | - | - | |
| Technology | - | 23.99% | - | - | |
| Technology Hardware & Equipment | - | - | 15.44% | - | |
| Semiconductors | - | - | - | 12.60% | |
| Electronic Components | - | - | - | 2.21% | |
| Computer Hardware | - | - | - | 0.63% | |
| Software & Computer Services | - | - | 8.55% | - | |
| Consumer Digital Services | - | - | - | 5.48% | |
| Computer Services | - | - | - | 3.07% | |
| Consumer Discretionary | 11.00% | - | - | - | |
| Consumer Products & Services | - | 5.12% | - | - | |
| Personal Goods | - | - | 3.95% | - | |
| Clothing & Accessories | - | - | - | 3.52% | |
| Cosmetics | - | - | - | 0.43% | |
| Leisure Goods | - | - | 0.69% | - | |
| Recreational Vehicles & Boats | - | - | - | 0.69% | |
| Consumer Services | - | - | 0.48% | - | |
| Consumer Services: Misc. | - | - | - | 0.48% | |
| Travel & Leisure | - | 3.35% | - | - | |
| Travel & Leisure | - | - | 3.35% | - | |
| Casinos & Gambling | - | - | - | 2.42% | |
| Travel & Tourism | - | - | - | 0.93% | |
| Retail | - | 2.54% | - | - | |
| Retailers | - | - | 2.54% | - | |
| Diversified Retailers | - | - | - | 2.00% | |
| Specialty Retailers | - | - | - | 0.54% | |
| Telecommunications | 9.56% | - | - | - | |
| Telecommunications | - | 9.56% | - | - | |
| Telecommunications Equipment | - | - | 9.56% | - | |
| Telecommunications Equipment | - | - | - | 9.56% | |
| Cash and Equivalents | 6.42% | - | - | - | |
| Real Estate | 5.76% | - | - | - | |
| Real Estate | - | 5.76% | - | - | |
| Real Estate Investment & Services | - | - | 3.95% | - | |
| Real Estate Holding and Development | - | - | - | 3.06% | |
| Real Estate Services | - | - | - | 0.89% | |
| Real Estate Investment Trusts | - | - | 1.81% | - | |
| Office REITs | - | - | - | 1.81% | |
| Consumer Staples | 5.76% | - | - | - | |
| Food, Beverage & Tobacco | - | 3.24% | - | - | |
| Beverages | - | - | 1.72% | - | |
| Brewers | - | - | - | 1.72% | |
| Food Producers | - | - | 1.52% | - | |
| Food Products | - | - | - | 1.52% | |
| Personal Care, Drug & Grocery Stores | - | 2.52% | - | - | |
| Personal Care, Drug & Grocery Stores | - | - | 2.52% | - | |
| Food Retailers & Wholesalers | - | - | - | 2.46% | |
| Drug Retailers | - | - | - | 0.06% | |
| Industrials | 4.35% | - | - | - | |
| Industrial Goods & Services | - | 3.95% | - | - | |
| Industrial Engineering | - | - | 2.10% | - | |
| Machinery: Tools | - | - | - | 1.21% | |
| Machinery: Industrial | - | - | - | 0.67% | |
| Machinery: Specialty | - | - | - | 0.22% | |
| Electronic & Electrical Equipment | - | - | 1.05% | - | |
| Electrical Components | - | - | - | 1.05% | |
| General Industrials | - | - | 0.51% | - | |
| Paints & Coatings | - | - | - | 0.51% | |
| Industrial Support Services | - | - | 0.29% | - | |
| Professional Business Support Services | - | - | - | 0.29% | |
| Construction & Materials | - | 0.40% | - | - | |
| Construction & Materials | - | - | 0.40% | - | |
| Building Materials: Other | - | - | - | 0.40% | |
| Non-Classified | 2.74% | - | - | - | |
| Health Care | 2.55% | - | - | - | |
| Health Care | - | 2.55% | - | - | |
| Pharmaceuticals & Biotechnology | - | - | 1.82% | - | |
| Biotechnology | - | - | - | 1.56% | |
| Pharmaceuticals | - | - | - | 0.26% | |
| Health Care Providers | - | - | 0.74% | - | |
| Health Care Facilities | - | - | - | 0.58% | |
| Health Care Services | - | - | - | 0.16% | |
| Basic Materials | 1.10% | - | - | - | |
| Chemicals | - | 0.65% | - | - | |
| Chemicals | - | - | 0.65% | - | |
| Specialty Chemicals | - | - | - | 0.65% | |
| Basic Resources | - | 0.46% | - | - | |
| Industrial Metals & Mining | - | - | 0.46% | - | |
| Nonferrous Metals | - | - | - | 0.46% | |
| Utilities | 0.74% | - | - | - | |
| Utilities | - | 0.74% | - | - | |
| Gas, Water & Multi-utilities | - | - | 0.55% | - | |
| Gas Distribution | - | - | - | 0.55% | |
| Electricity | - | - | 0.20% | - | |
| Alternative Electricity | - | - | - | 0.20% | |
| Energy | 0.70% | - | - | - | |
| Energy | - | 0.70% | - | - | |
| Non-Renewable Energy | - | - | 0.70% | - | |
| Oil Refining and Marketing | - | - | - | 0.70% | |
| Alternative Trading Strategies | 0.03% | - | - | - | |
| Alternative Trading Strategies | - | 0.03% | - | - | |
| Alternative Trading Strategies | - | - | 0.03% | - | |
| Alternative Trading Strategies | - | - | - | 0.03% | |
Regional Allocation
| Emerging Asia | 66.33% | |
| Developed Asia | 18.29% | |
| Cash and Equivalents | 6.42% | |
| North America | 3.20% | |
| Non-Classified | 2.74% | |
| UK | 2.21% | |
| Developed Europe - Excl UK | 0.81% |
Fixed Interest Currencies
| Non-Fixed Interest Assets | 97.19% | |
| Cash | 2.19% | |
| US Dollar | 0.62% |
Regional Breakdown
| Region | Country | ||
|---|---|---|---|
| Emerging Asia | 66.33% | - | |
China
|
- | 17.01% | |
India
|
- | 15.48% | |
Taiwan
|
- | 14.54% | |
South Korea
|
- | 10.87% | |
Thailand
|
- | 4.89% | |
Philippines
|
- | 2.03% | |
Indonesia
|
- | 1.52% | |
| Developed Asia | 18.29% | - | |
Hong Kong
|
- | 16.51% | |
Singapore
|
- | 1.79% | |
| Cash and Equivalents | 6.42% | - | |
| North America | 3.20% | - | |
United States
|
- | 3.20% | |
| Non-Classified | 2.74% | - | |
| UK | 2.21% | - | |
United Kingdom
|
- | 2.21% | |
| Developed Europe - Excl UK | 0.81% | - | |
Luxembourg
|
- | 0.81% | |
Breakdown By Market Cap (%)
| Mega |
|
53.40% |
| Large |
|
21.90% |
| Medium |
|
6.70% |
| Small |
|
0.17% |
| Non-Classified |
|
11.41% |
| Cash |
|
6.42% |
Top 10 Holdings
| Stock | % Weight | Sector | Country | |
|---|---|---|---|---|
| 1 | TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED | 9.80% | Technology Hardware & Equipment | Taiwan |
| 2 | SAMSUNG ELECTRONICS CO. LTD | 9.56% | Telecommunications Equipment | South Korea |
| 3 | AIA GROUP LIMITED | 6.92% | Life Insurance | Hong Kong |
| 4 | ICICI BANK LIMITED | 6.31% | Banks | India |
| 5 | TENCENT HOLDINGS LIMITED | 4.60% | Software & Computer Services | China |
| 6 | AXIS BANK LIMITED | 2.51% | Banks | India |
| 7 | CP ALL PCL | 2.46% | Personal Care, Drug & Grocery Stores | Thailand |
| 8 | SANDS CHINA | 2.42% | Travel & Leisure | Hong Kong |
| 9 | ANTA SPORTS PRODUCTS LIMITED | 2.23% | Personal Goods | China |
| 10 | INFOSYS LTD | 2.09% | Software & Computer Services | India |
Dual Aspect Equity Analysis
| UK Equities | Int'l Equities | UK Bonds | Int'l Bonds | UK Gilts | Property | Other | Cash & Equiv | Total | |
|---|---|---|---|---|---|---|---|---|---|
| Technology | - | 23.99% | - | - | - | - | - | - | 23.99% |
| Telecommunications | - | 9.56% | - | - | - | - | - | - | 9.56% |
| Financials | 2.17% | 23.12% | - | - | - | - | - | - | 25.29% |
| Real Estate | - | 3.95% | - | - | - | 1.81% | - | - | 5.76% |
| Consumer Discretionary | - | 11.00% | - | - | - | - | - | - | 11.00% |
| Consumer Staples | - | 5.76% | - | - | - | - | - | - | 5.76% |
| Energy | - | 0.70% | - | - | - | - | - | - | 0.70% |
| Utilities | - | 0.74% | - | - | - | - | - | - | 0.74% |
| Health Care | - | 2.55% | - | - | - | - | - | - | 2.55% |
| Industrials | - | 4.35% | - | - | - | - | 0.38% | - | 4.73% |
| Basic Materials | - | 1.10% | - | - | - | - | - | - | 1.10% |
| Cash and Equivalents | - | - | - | - | - | - | - | 6.42% | 6.42% |
| Non-Classified | - | - | - | - | - | - | 2.39% | - | 2.39% |
Important Information
The Industry Classification Benchmark is a product of FTSE International Limited and has been licensed for use. This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Identification Codes
| Sedol Code | B84Q8M7 |
| Mex Code | - |
| Isin Code | GB00B84Q8M70 |
| Citi Code | GMTT |
Fund Charges
| Entry Charge | 0.00% |
| Ongoing Charges | 0.89% |
Aims and Benchmark
| Aims | The fund aims to generate long-term capital growth investing principally in securities of companies having their head office or exercising predominant part of their activity in less developed countries of Asia that are considered as emerging markets accor |
| Benchmark | MSCI AC Asia ex- Japan Index |
| Benchmark Category | - |
| IA Sector | Asia Pacific Excluding Japan |
Fund Background
| Valuation frequency | Daily |
| Valuation point | 12:00 |
| Fund type | OEIC |
| Launch price | £1.00 |
| Fund currency | Pound Sterling |
| Fund domicile | United Kingdom |
| ISA allowable | Yes |
| SIPP allowable | Yes |
Distribution Details
| Income frequency | Annually |
| Distribution Type | Dividend |
| Distribution Payment Basis | Net |
Distribution Dates
| Ex dividend date(s) | Income payment date(s) |
|---|---|
| 01 March | 30 April |
Ratings
| FE Crown |  |
Effect of Deductions
| Assuming a growth rate of 6.00% | Assuming a growth rate of 7.00% |
|---|---|
| - | - |
Fund Administration
| Fund Trustee/Depository | J.P. Morgan Trustee and Depositary Company Limited |
| Fund Administrator | Internal |
| Fund Registrar | Internal |
| Fund Custodian | J.P. Morgan Trustee and Depositary Company Limited |
Group Details
| Group name | Fidelity International (Onshore) |
| Group address | Oakhill House 130 Tonbridge Road Hildenborougha Kent TN11 9DZ |
| Group telephone | 0800 41 41 81 |
| Dealing telephone | 0800 41 41 81 |
| brokerline@uk.fid-intl.com | |
| Homepage | www.fidelity.co.uk |
| Fax number | 0800 783 9646 |
Dealing
| Minimum Investment | £1000 |
| Minimum Top Up | £250 |
| Minimum Regular Saving | - |
| Settlement Period: Buy | 3 days |
| Settlement Period: Sell | 3 days |
| Pricing Basis | Forward |
| Dealing Decimals | 2 |
Important Information
Ongoing charges may vary in the future and may be higher than they are now.
This factsheet is for investment professionals and is for information purposes only. You should refer to your client's policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this report or make any warranties regarding results from its usage.
Risk Analysis
| Ratio | Value |
|---|---|
| Alpha | -4.69 |
| Beta | 1.04 |
| Sharpe | -0.02 |
| Standard Deviation | 14.84 |
| Info Ratio | -0.85 |
Risk Factors
| Risk Factor | Yes / No |
|---|---|
| Charges to Capital | No |
| Emerging Markets | Yes |
| Concentrated Portfolio | No |
| Smaller Companies | Yes |
| High Yield Bonds | No |
| Sector Specific | No |
| Geared Investments | No |
| Value of Investments | Yes |
| Investments Long Term | Yes |
| Property | No |
| Exchange Rate | Yes |
| Higher Risk | No |
| Performance Charges | No |
| Derivative Exposure | Yes |
| Offshore | No |
| Income Eroding Capital Growth | No |
| Umbrella Liabilities | Yes |
| New Fund | Yes |
| Solvency of Depository | No |
| Solvency of Bond Issuers | No |
| Ethical Restrictions | No |
| Liquidity | No |
| Returns Are Not Guaranteed | Yes |
| Inflation | Yes |
| Taxation and Tax Relief | Yes |
Fund Specific Risks
Emerging Markets
The fund invests in emerging markets. Generally less well regulated than the UK. There is an increased chance of political and economic instability with less reliable custody, dealing and settlement arrangements. The market(s) can be less liquid. If a fund investing in markets is affected by currency exchange rates, the investment could either increase or decrease. These investments therefore carry more risk.
Smaller Companies
The fund invests in smaller companies. Smaller companies shares can be more volatile and less liquid than larger company shares, so smaller companies funds can carry more risk.
Value of Investments
The value of investments, and any income can fall, as well as rise, so you could get back less than you invested. Neither capital nor income is guaranteed.
Investments Long Term
Investments should be regarded as long term and are not suitable for money which may be needed in the short term, you should always have a sufficient cash reserve.
Exchange Rate
This fund invests in securities outside the UK. The value of investments and any income from them may therefore decrease or increase as a result of changes in exchange rates between currencies.
Derivative Exposure
The fund invests in derivatives as part of its investment strategy, over and above their use for Efficient Portfolio Management (EPM). Investors should be aware that the use of these instruments can, under certain circumstances, increase the volatility and risk profile of the Fund beyond that expected of a fund that only invests in equities. The fund may also be exposed to the risk that the company issuing the derivative may not honour their obligations which in turn could lead to losses arising.
Umbrella Liabilities
If the liabilities of one fund were to exceed its assets, the other funds within the scheme might have to transfer across money to cover the liabilities.
New Fund
The charges and expenses may make up a higher proportion of a newly launched fund than initially estimated.
Returns Are Not Guaranteed
What you receive when you sell your investment is not guaranteed; it depends on how your investments perform.
Inflation
Inflation will reduce the real value of your investments in future.
Taxation and Tax Relief
Levels of taxation and tax relief are subject to change.
Important Information
The risk factor definitions are provided by Broadridge. These definitions may differ from those of Prudential or any underlying fund manager. The data itself is provided by Prudential or the underlying fund manager. This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Important Information
Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your client’s investment can go down as well as up and the amount your client gets back may be less than they put in. This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage. "Prudential" is a trading name of The Prudential Assurance Company Limited, which is registered in England and Wales. Registered office at 10 Fenchurch Avenue, London EC3M 5AG. Registered number 15454. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.