Fund code: 1606

  • NAV
    $33.01 -$0.10 / -0.29%
    20-Sep-2023
  • Inception 04-May-2006
  • Benchmark MSCI China Index Capped 10%
  • Aggregate assets
    (all series)
    $62.0M
    31-Aug-2023
  • MER 1.12%
    31-Mar-2023
  • Distributions
  • Morningstar category Greater China Equity
  • Also available through Trust US$, Class CDN$ and Trust T-Series S5
  • Get Fund Facts

End investment

Annualized return

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Start NAV

$10.0000

End NAV

$10.4031
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Calendar returns (%) 31-Aug-2023

YTD 2023 2022 2021 2020 2019 2018 2017 2016
Fund -0.97 3.51 -3.76 -3.38 9.96 -4.46 32.39 0.66

Standard period returns (%) 31-Aug-2023

1 mo 3 mo 6 mo 1 yr 3 yr 5 yr 10 yr Inception
Fund -6.70 2.40 -4.77 4.14 0.07 0.03 7.94 8.34

Why invest in this fund?

  • A regional strategy that aims to invest in the best equity investment opportunities in China.
  • Invests in stocks that the portfolio manager believes are undervalued, but that should benefit from China’s structural growth dynamics.
  • Leverages Fidelity’s proprietary global research network.

Risk measures (%) 31-Aug-2023

Fund
Annualized standard deviation 24.06
Beta 0.80
0.87

Risk classification

  1. Low
  2. Low to medium
  3. Medium
  4. Medium to high
  5. High

This fund has a high volatility rating

Allocation

Asset mix (%)

31-Jul-2023

Sector mix (%)

31-Jul-2023
12 months ago Last month Current month
Consumer Disc. 15.2 24.4 26.4
Financials 22.4 13.7 12.1
Communication Services 12.5 12.3 12.1
Consumer Staples 3.9 10.1 9.5
Materials 5.9 7.5 7.8
Real Estate 7.8 7.7 7.8
Industrials 5.7 7.7 7.1
Energy 7.5 6.4 6.6
Information Technology 6.1 4.1 4.0
Health Care 4.9 2.8 2.5
Utilities 0.7 1.4 1.2

Top ten holdings

  1. Alibaba Group
  2. Tencent Holdings
  3. China Construction Bank
  4. Industrial & Commercial Bank of China
  5. BOC Aviation
  6. FOCU A MMA(CITI) (ELN) 2/23/24
  7. Galaxy Entertainment Group
  8. WH GROUP LTD
  9. China Resources Land
  10. SINOTRUK HONG KONG LTD
Total number of holdings 86
Top ten holdings aggregate 38.4%
  1. Alibaba Group
  2. Tencent Holdings
  3. China Petroleum & Chemical
  4. China Construction Bank
  5. Industrial & Commercial Bank of China
  6. BAIDU INC CL A
  7. PetroChina
  8. China Resources Land
  9. FOCU A MMA(CITI) (ELN) 2/23/24
  10. BOC Aviation
Total number of holdings 90
Top ten holdings aggregate 39.5%
  1. Alibaba Group
  2. Tencent Holdings
  3. BAIDU INC CL A
  4. FOCU A MMA(CITI) (ELN) 2/17/23
  5. China Construction Bank
  6. ZHONGSHENG GROUP HLDGS LTD
  7. Industrial & Commercial Bank of China
  8. China Resources Land
  9. China Yongda Automobiles Services Holdings
  10. PetroChina
Total number of holdings 88
Top ten holdings aggregate 39.1%
  1. Alibaba Group
  2. Tencent Holdings
  3. China Construction Bank
  4. BAIDU INC CL A
  5. China Life Insurance
  6. China Merchants Bank
  7. Industrial & Commercial Bank of China
  8. China Resources Land
  9. China Overseas Land & Investment
  10. Dongfeng Motor Group
Total number of holdings 79
Top ten holdings aggregate 43.3%
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