Fidelity South East Asia Accumulation Units 
Overview
| Fund manager's initial charge | 3.50% |
|---|---|
| HL initial saving | 3.00% |
| Net initial charge | 0.50% |
| Dealing charge | Free |
| Fund manager's annual charge | 1.50% |
| Performance charges | No |
| Total Expense Ratio | 1.76% |
| HL annual saving | 0.20% 2 |
| Platform fee | Free |
| Launch date | 13-10-1984 |
| Launch price | £0.25 |
| Sector | Asia Pacific Ex Japan |
| Fund size | £2,182 million |
| Number of holdings | 166 |
| Fund type | OEIC |
| Type of units | Accumulation |
Please read the Simplified Prospectus/Key Investor Information Document in addition to the information above.
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Before you invest please read the key features and Simplified Prospectus/Key Investor Information Document for more details.
HL research - our view on this fund
While Asia is not immune to a slowdown in the West, it is more able to withstand a global economic downturn than it was 10 years ago. Allan Liu believes Asia's healthy financial system, robust domestic demand, low levels of debt, high savings rates and the emergence of China as a new anchor for the region, will continue to support growth. He feels the Chinese construction sector will benefit from the government-sponsored housing programmes, and he has invested in Taiwan Cement which is a major exporter to China. Similarly, he expects stocks like Jiangxi Copper and Straits Asia Resources to benefit from China's urbanisation and improving industrial production.
About the Fund Manager
Allan Liu
Located in: Hong Kong
Date of birth: 24/04/61. Allan holds an MBA from the The Chinese University of Hong Kong. He joined Fidelity in 1987 as an analyst and progressed to portfolio management in 1990. Allan assumed responsibility for FIF South East Asia Fund in July 2003.
Income details
| Running yield | N/a |
|---|---|
| Income paid | Annually |
| Type of payment | Dividend |
All yields are variable and not guaranteed. There is currently no yield information available for this fund.
Distribution dates
| Ex-dividend date | 01 March 2012 |
|---|---|
| Payment date 4 | 30 April 2012 |
Top 10 holdings
| Samsung Electronics Co. | 4.47% |
|---|---|
| Taiwan Semiconductor Manufacturing | 3.79% |
| Hyundai Motor Co. | 3.43% |
| Industrial and Commercial Bank of China (H) | 2.66% |
| China Construction Bank (H) | 2.50% |
| Kia Motors Corp. | 2.23% |
| CNOOC | 1.92% |
| Telstra Corp. | 1.87% |
| Hong Kong Exchanges & Clearing | 1.85% |
| Hyundai Mobis Co. | 1.78% |
Top 10 sectors
| Banks | 17.80% |
|---|---|
| Technology Hardware & Equipment | 10.03% |
| Automobiles & Parts | 9.65% |
| Real Estate Investment & Services | 9.54% |
| Construction & Materials | 5.95% |
| Mobile Telecommunications | 5.73% |
| Oil & Gas Producers | 5.00% |
| Fixed Line Telecommunications | 4.26% |
| Travel & Leisure | 4.08% |
| Software & Computer Services | 3.50% |
Top 10 countries
| South Korea | 22.53% |
|---|---|
| Hong Kong | 22.08% |
| China | 17.94% |
| Taiwan | 13.20% |
| Indonesia | 4.98% |
| Thailand | 3.91% |
| United States | 3.86% |
| Singapore | 3.76% |
| Malaysia | 3.64% |
| Australia | 2.06% |
Some of the data on this page and other related pages is provided to you for your information and is received from the Fund Management Company administering this fund. Hargreaves Lansdown accepts no liability for the reliability or accuracy of the data provided by third parties.
2 Annual saving is not available in the SIPP or Junior ISA.
4 If you elect to receive the income from a Vantage ISA, Fund or Share Account, we will collect any dividends for you and then pay them directly into your bank account within the first 10 working days of the following month.
Prices as at 09-02-2012. Data as at 31/12/2011.
