Fidelity China Special Situations PLC (FCSS)

Category China Equity

This investment trust can be held in an Investment ISA, SIPP and Investment Account

Sell

212.50p

Buy

213.00p

arrow-up6.00p (+2.91%)

Discount/Premium

-11.37%

Estimated NAV

235.773p

Prices updated at 24 Apr 2024, 17:54 BST

Prices minimum 15 mins delay

Prices in GBX

Investment objective

The investment objective of the Company is to achieve long-term capital growth from an actively managed portfolio made up primarily of securities issued by companies listed in China and Chinese companies listed elsewhere. The Company may also invest in listed companies with significant interests in China.

FTSE All-Share

-0.11%

LSE

Important documents: Please ensure that you have read the Key Information Document/Technical Guide , Pre-sale Illustrations document & Doing Business with Fidelity document (incorporating the Fidelity Client Terms) and the fund information documents. These can be found within the Charges & documents section.

Company name

FIL Investment Management (HK) Ltd

Legal structure

Closed Ended Investment Company

Domicile

United Kingdom

Fiscal year end

31 Mar 2025

Launch date

19 Apr 2010

Lead manager

Dale Nicholls

Lead manager start date

01 Apr 2014

Lead fund manager biography

Dale Nicholls joined Fidelity in 1996 as a Research Associate in our Tokyo office. It was during his tenure as an analyst that Dale first began to take an interest in the dynamics of the Chinese market. He regularly visited Chinese companies to get a clear view of the key supply and demand chains of the industries he covered. In 2003, he was promoted to portfolio manager of the Fidelity Pacific Fund and retains management of that portfolio today. In his current role, Dale spends much of his time travelling within China to meet with the management teams and competitors of companies in which he may, or already does, invest, visiting well over 100 companies a year.

Head office

Level 21, Two Pacific Place, 88 Queensway, Admiralty, Hong Kong

Admiralty, Hong Kong

Hong Kong

852-2629-2800

Company website

Important Information

Please note the value of investments can go down as well as up so you may get back less than you invested. This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to an authorised financial adviser. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and(3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.