Prudential Fidelity Asia S2

Essentials Portfolio Analysis Background Data Investment Risk Performance View PDF Factsheet
Portfolio data accurate as at:

Performance

Discrete performance - to last month end

31/07/17
to
31/07/18
31/07/18
to
31/07/19
31/07/19
to
31/07/20
31/07/20
to
31/07/21
31/07/21
to
31/07/22
Fund 6.6% 6.9% 4.1% 8.3% -11.3%
Sector 5.2% 6.8% -0.8% 16.0% -4.7%
Rank 39/103 47/104 30/105 99/105 97/105
Quartile 2 2 2 4 4

Annualised performance

Annualised
3 Years to
31/07/22
5 Years to
31/07/22
10 Years to
31/07/22
Fund 0.0% 2.6% 6.9%
Sector 3.2% 4.3% 6.8%
Rank 102/105 97/103 61/93
Quartile 4 4 3

Top 10 Holdings

Stock % Weight
TAIWAN SEMICONDUCTOR MANUFACTURING CO. 8.10
AIA GROUP LIMITED 6.95
TENCENT HLDGS LTD 5.71
SAMSUNG ELECTRONICS CO. LTD 5.56
ALIBABA GROUP HLDG LTD 4.06
HDFC BANK LIMITED 3.73
MEITUAN 3.34
INFOSYS LTD 2.57
JD.COM INC 2.45
CHINA MERCHANTS BANK CO. 2.42
Total 44.89

Fund Aims

Objective: The investment strategy of the fund is to purchase units in the Fidelity Asia Fund - the underlying fund.

Underlying Fund Objective: The fund aims to increase the value of your investment over a period of 5 years or more. The fund will invest at least 70% in equities (and their related securities) of companies throughout Asia (excluding Japan) (those domiciled, incorporated or having significant business in Asia (excluding Japan) and those which are listed in the region).

Fund Manager

Teera Chanpongsang manager of the underlying fund for 8 years and 7 months

Photo of Teera Chanpongsang Teera Chanpongsang joined Fidelity Worldwide Investment, Hong Kong, in 1994 as a research analyst and has covered Thailand, regional banks, and regional telecommunication stocks. In 1998, he was promoted to country Portfolio Manager of FF Thailand Fund, which he managed successfully through to September 2004. Teera managed the FF Global Telecommunications Fund from July 2001 to March 2003 and again from September 2004 to December 2007. In 2004 Teera moved to London as a member of the Global Equity Team. He relocated back to Hong Kong in July 2007, and took on management of a segregated Emerging Asia fund which covers the same investment universe as the FF Emerging Asia Fund. Prior to Fidelity, Teera worked for accountants Coopers & Lybrand and later went on to be General Manager for the Chi Cha Group Company in Thailand. Teera holds an MBA from the University of California at Berkeley, USA and a BAcc (Hons) in Accounting from Chulalongkorn University in Thailand. Teera Chanponsang was named in FE Trustnet's list of Alpha Managers in 2012. The 160 managers on the list, selected from 1100 eligible managers, are rated on their risk-adjusted alpha, distinguishing those who are best able to navigate all phases of the market cycle.

Fund Overview

Bid (16/08/2022) 338.50
Offer (16/08/2022) 356.30
Fund size (30/06/2022) £7.37m
Underlying Fund size £3554.14m
Number of holdings 155
Launch date 20/10/2008

Fund Charges

Annual Management Charge (AMC) 1.75%
Further Costs 0.21%
Yearly Total 1.96%

Asset Allocation

pie chart
  International Equities 94.57%
  Alternative Trading Strategies 1.01%
  Cash and Equivalents 0.66%
  Money Market 0.02%
  Other Assets 3.74%
Portfolio data accurate as at: 30/06/22

Important Information

Because of changes in exchange rates the value of your investment, as well as any money you take from it, can go down as well as up.

Some funds may invest in ‘underlying’ funds or other investment vehicles. The performance of our fund, compared to what it’s invested in won’t be exactly the same. That can be due to additional charges, cash management (needed to help people to enter and leave our fund when they want), tax and the timing of investments (this is known as a fund’s dealing cycle, it varies between managers and can be several days).

Source of portfolio data: Broadridge. 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 fund charges and further costs, but take no account of product charges, or any Annual Management Charge paid for by the deduction of units. Charges and further costs 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 net 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.

Portfolio data accurate as at:

Asset Allocation

pie chart
  International Equities 94.57%
  Alternative Trading Strategies 1.01%
  Cash and Equivalents 0.66%
  Money Market 0.02%
  Other Assets 3.74%

Equity Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
Technology 32.65% - - -
 
Technology - 32.65% - -
 
Technology Hardware & Equipment - - 19.32% -
 
Semiconductors - - - 11.56%
 
Computer Hardware - - - 7.11%
 
Production Technology Equipment - - - 0.65%
 
Software & Computer Services - - 13.33% -
 
Consumer Digital Services - - - 10.76%
 
Computer Services - - - 2.57%
 
Financials 29.83% - - -
 
Banks - 16.49% - -
 
Banks - - 16.49% -
 
Banks - - - 16.49%
 
Insurance - 8.88% - -
 
Life Insurance - - 8.24% -
 
Life Insurance - - - 8.24%
 
Non-life Insurance - - 0.64% -
 
Property & Casualty Insurance - - - 0.64%
 
Financial Services - 4.46% - -
 
Investment Banking & Brokerage Services - - 2.38% -
 
Investment Services - - - 2.38%
 
Finance & Credit Services - - 2.08% -
 
Mortgage Finance - - - 2.08%
 
Consumer Discretionary 15.64% - - -
 
Retail - 7.24% - -
 
Retailers - - 7.24% -
 
Diversified Retailers - - - 6.83%
 
Specialty Retailers - - - 0.25%
 
Apparel Retailers - - - 0.15%
 
Consumer Products & Services - 3.85% - -
 
Personal Goods - - 1.99% -
 
Clothing & Accessories - - - 1.99%
 
Leisure Goods - - 0.99% -
 
Recreational Vehicles & Boats - - - 0.83%
 
Electronic Entertainment - - - 0.16%
 
Household Goods & Home Construction - - 0.87% -
 
Household Appliance - - - 0.84%
 
Household Furnishings - - - 0.03%
 
Travel & Leisure - 2.31% - -
 
Travel & Leisure - - 2.31% -
 
Casinos & Gambling - - - 1.28%
 
Travel & Tourism - - - 1.04%
 
Automobiles & Parts - 2.24% - -
 
Automobiles & Parts - - 2.24% -
 
Automobiles - - - 2.24%
 
Consumer Staples 5.16% - - -
 
Food, Beverage & Tobacco - 4.44% - -
 
Food Producers - - 2.26% -
 
Food Products - - - 2.26%
 
Beverages - - 2.18% -
 
Distillers & Vintners - - - 2.17%
 
Brewers - - - 0.01%
 
Personal Care, Drug & Grocery Stores - 0.73% - -
 
Personal Care, Drug & Grocery Stores - - 0.73% -
 
Food Retailers & Wholesalers - - - 0.73%
 
Industrials 3.94% - - -
 
Industrial Goods & Services - 3.37% - -
 
Industrial Engineering - - 1.11% -
 
Machinery: Tools - - - 0.59%
 
Machinery: Engines - - - 0.51%
 
Electronic & Electrical Equipment - - 0.93% -
 
Electronic Equipment: Gauges & Meters - - - 0.93%
 
Industrial Transportation - - 0.70% -
 
Transportation Services - - - 0.70%
 
General Industrials - - 0.63% -
 
Paints & Coatings - - - 0.52%
 
Diversified Industrials - - - 0.12%
 
Construction & Materials - 0.57% - -
 
Construction & Materials - - 0.57% -
 
Cement - - - 0.57%
 
Non-Classified 3.74% - - -
 
Health Care 3.43% - - -
 
Health Care - 3.43% - -
 
Pharmaceuticals & Biotechnology - - 3.04% -
 
Biotechnology - - - 2.67%
 
Pharmaceuticals - - - 0.37%
 
Health Care Providers - - 0.27% -
 
Health Care Services - - - 0.27%
 
Medical Equipment & Services - - 0.12% -
 
Medical Equipment - - - 0.12%
 
Telecommunications 1.64% - - -
 
Telecommunications - 1.64% - -
 
Telecommunications Service Providers - - 1.34% -
 
Telecommunications Services - - - 1.34%
 
Telecommunications Equipment - - 0.31% -
 
Telecommunications Equipment - - - 0.31%
 
Alternative Trading Strategies 1.01% - - -
 
Alternative Trading Strategies - 1.01% - -
 
Alternative Trading Strategies - - 1.01% -
 
Alternative Trading Strategies - - - 1.01%
 
Utilities 0.75% - - -
 
Utilities - 0.75% - -
 
Electricity - - 0.75% -
 
Conventional Electricity - - - 0.75%
 
Cash and Equivalents 0.68% - - -
 
Energy 0.62% - - -
 
Energy - 0.62% - -
 
Non-Renewable Energy - - 0.62% -
 
Integrated Oil & Gas - - - 0.62%
 
Basic Materials 0.54% - - -
 
Chemicals - 0.54% - -
 
Chemicals - - 0.54% -
 
Specialty Chemicals - - - 0.54%
 
Real Estate 0.36% - - -
 
Real Estate - 0.36% - -
 
Real Estate Investment & Services - - 0.36% -
 
Real Estate Holding and Development - - - 0.36%

Regional Allocation

pie chart
  Emerging Asia 71.90%
  Developed Asia 21.69%
  Non-Classified 4.37%
  North America 0.84%
  Cash and Equivalents 0.68%
  UK 0.51%

Fixed Interest Currencies

pie chart
  Non-Fixed Interest Assets 100.71%
  US Dollar 0.04%
  Cash -0.75%

Regional Breakdown

Expand allCollapse all
Region Country
 
Emerging Asia 71.90% -
 
China - 23.99%
 
India - 16.80%
 
Taiwan - 12.39%
 
South Korea - 11.82%
 
Indonesia - 4.59%
 
Thailand - 1.91%
 
Philippines - 0.42%
 
Developed Asia 21.69% -
 
Hong Kong - 19.93%
 
Singapore - 1.76%
 
Non-Classified 4.37% -
 
North America 0.84% -
 
United States - 0.84%
 
Cash and Equivalents 0.68% -
 
UK 0.51% -
 
United Kingdom - 0.51%

Breakdown By Market Cap (%)

Mega
 
 
70.38%
Large
 
 
15.06%
Medium
 
 
3.20%
Non-Classified
 
 
10.69%
Cash
 
 
0.68%

Top 10 Holdings

Stock % Weight Sector Country
1 TAIWAN SEMICONDUCTOR MANUFACTURING CO. 8.10% Technology Hardware & Equipment Taiwan
2 AIA GROUP LIMITED 6.95% Life Insurance Hong Kong
3 TENCENT HLDGS LTD 5.71% Software & Computer Services Hong Kong
4 SAMSUNG ELECTRONICS CO. LTD 5.56% Technology Hardware & Equipment South Korea
5 ALIBABA GROUP HLDG LTD 4.06% Retailers China
6 HDFC BANK LIMITED 3.73% Banks India
7 MEITUAN 3.34% Software & Computer Services China
8 INFOSYS LTD 2.57% Software & Computer Services India
9 JD.COM INC 2.45% Retailers China
10 CHINA MERCHANTS BANK CO. 2.42% Banks China

Dual Aspect Equity Analysis

UK Equities Int'l Equities UK Bonds Int'l Bonds UK Gilts Property Other Cash & Equiv Total
Technology - 32.65% - - - - 0.26% - 32.91%
Telecommunications - 1.64% - - - - - - 1.64%
Financials - 29.83% - - - - - - 29.83%
Real Estate - 0.36% - - - - - - 0.36%
Consumer Discretionary - 15.64% - - - - - - 15.64%
Consumer Staples - 5.16% - - - - - - 5.16%
Energy - 0.62% - - - - - - 0.62%
Utilities - 0.75% - - - - - - 0.75%
Health Care - 3.43% - - - - - - 3.43%
Industrials - 3.94% - - - - - - 3.94%
Basic Materials - 0.54% - - - - - - 0.54%
Cash and Equivalents - - - - - - - 0.66% 0.66%
Non-Classified - - - - - - 4.49% 0.02% 4.51%

Important Information

Because of changes in exchange rates the value of your investment, as well as any money you take from it, can go down as well as up.

Some funds may invest in ‘underlying’ funds or other investment vehicles. The performance of our fund, compared to what it’s invested in won’t be exactly the same. That can be due to additional charges, cash management (needed to help people to enter and leave our fund when they want), tax and the timing of investments (this is known as a fund’s dealing cycle, it varies between managers and can be several days).

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 B3BW265
Mex Code PUFSEA
Isin Code GB00B3BW2655
Citi Code D9Z1

Fund Charges

Annual Management Charge (AMC) 1.75%
Further Costs 0.21%
Yearly Total 1.96%

Aims and Benchmark

Aims Objective: The investment strategy of the fund is to purchase units in the Fidelity Asia Fund - the underlying fund. Underlying Fund Objective: The fund aims to increase the value of your investment over a period of 5 years or more. The fund will invest at least 70% in equities (and their related securities) of companies throughout Asia (excluding Japan) (those domiciled, incorporated or having significant business in Asia (excluding Japan) and those which are listed in the region).
Benchmark MSCI AC Far East ex Japan (N) Index
ABI Sector Asia Pacific excluding Japan Equities

Ratings

FE Crown Crown Rating of 3

Important Information

Because of changes in exchange rates the value of your investment, as well as any money you take from it, can go down as well as up.

Some funds may invest in ‘underlying’ funds or other investment vehicles. The performance of our fund, compared to what it’s invested in won’t be exactly the same. That can be due to additional charges, cash management (needed to help people to enter and leave our fund when they want), tax and the timing of investments (this is known as a fund’s dealing cycle, it varies between managers and can be several days).

Charges and further costs 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. 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.

Risk Analysis

Ratio Value
Alpha -2.50
Beta 0.84
Sharpe 0.00
Standard Deviation 11.64
Info Ratio -0.52

Risk Factors

Risk Factor Yes / No
Charges to Capital No
Emerging Markets Yes
Concentrated Portfolio No
Smaller Companies No
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 No
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.

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.

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

Because of changes in exchange rates the value of your investment, as well as any money you take from it, can go down as well as up.

Some funds may invest in ‘underlying’ funds or other investment vehicles. The performance of our fund, compared to what it’s invested in won’t be exactly the same. That can be due to additional charges, cash management (needed to help people to enter and leave our fund when they want), tax and the timing of investments (this is known as a fund’s dealing cycle, it varies between managers and can be several days).

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

Because of changes in exchange rates the value of your investment, as well as any money you take from it, can go down as well as up.

Some funds may invest in ‘underlying’ funds or other investment vehicles. The performance of our fund, compared to what it’s invested in won’t be exactly the same. That can be due to additional charges, cash management (needed to help people to enter and leave our fund when they want), tax and the timing of investments (this is known as a fund’s dealing cycle, it varies between managers and can be several days).

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 fund charges and further costs, but take no account of product charges, or any Annual Management Charge paid for by the deduction of units. Charges and further costs 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 net 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.