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Fidelity China Class W - Accumulation (GBP)

Sell:232.30p Buy:232.30p Change: 4.80p (2.11%)
Prices as at 3 May 2024
Sell:232.30p
Buy:232.30p
Change: 4.80p (2.11%)
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account
Prices as at 3 May 2024
Sell:232.30p
Buy:232.30p
Change: 4.80p (2.11%)
Prices as at 3 May 2024
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Our view on this Fund

This fund does not feature on the Wealth Shortlist of funds our analysts believe have the potential to outperform their peers over the long term. This is not a recommendation to sell; however, if you are thinking of adding to your investments, we believe the Wealth Shortlist is a good place to start. View funds on the Wealth Shortlist »

Our view on the sector

China has continued to grow its economy strongly but the rate of growth has slowed in recent years. The economy is going through a transition, shifting from a focus on low-value exports, high investment and infrastructure spending, to domestic consumption and services. Companies are also benefiting from looser regulation, anti-corruption policies, rising consumer spending and improved healthcare and technology. China's a higher-risk emerging market though. The transition from an export-driven to consumption-driven economy will not happen overnight. It could take years to come to fruition and there will be setbacks along the way.

Performance Analysis

Performance analysis for this fund is not available.

Investment Philosophy

Investment philosophy for this fund is not available.

Process and Portfolio Construction

Process and portfolio construction for this fund are not available.

question mark Manager Track Record Based on HL Quantitative Research

This information is currently unavailable.

Fund Track Record

03/05/19 to 03/05/20 03/05/20 to 03/05/21 03/05/21 to 03/05/22 03/05/22 to 03/05/23 03/05/23 to 03/05/24
Annual return -0.69% 35.99% -32.25% -7.75% -11.55%

Please remember past performance is not a guide to future returns. Where no data is shown, figures are not available. This information is provided to help you choose your own investments, remember they can fall as well as rise in value so you may not get back the original amount invested.

Information about the fund

Fund manager biography

manager photo
Manager Name: Hyomi Jie
Manager start date: 1 August 2017
Manager located in: TBC

Hyomi joined Fidelity's Seoul office in 2010 as our Korean consumer analyst and then took on the regional Asia steel sector. She moved to Hong Kong in 2013 where she successfully covered the Greater China internet sector. Prior to Fidelity Hyomi worked as an investment analyst for AIG Investments and as a consultant for The Boston Consulting Group. Hyomi has an MBA from The Wharton School, USA. She has 13 years of investment experience.

manager photo
Manager Name: Raymond Ma
Manager start date: 23 February 2011
Manager located in: China

Raymond Ma joined Fidelity International (Hong Kong) Ltd. in 2006 as an investment analyst, covering China telecoms, consumer and financials. He was appointed consumer sector leader in 2009 and director of research in 2010. Previously Raymond was Assistant Director of BNP Paribas Peregrine in Shanghai where he had extensive sector coverage on automotive, food & beverages, retail, textile, tourism, machinery and property. Raymond has Bachelor of Law and Master of Law degrees from Fudan University, Shanghai.

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Benchmark data provided subject to this disclaimer.
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account