Fidelity China Consumer Fund Y-Accumulation (UK)


Buy/Sell Price  (as of 28/09/2016) £1.916   Day Change :  -0.10%     Fund Code:  YCCON 

Important documents Before investing please ensure that you have read the Fidelity Key Features Document (incorporating the Fidelity Client Terms) and the fund information documents. These can be found by clicking on the 'Important documents' link.

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Biography

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.
Investment HouseFidelity
Fund ProviderFidelity (FIL Investment SVCS (UK) Ltd)
ManagerRaymond Ma   Biography

Fund Objective The Fund's investment objective is to achieve long term capital growth from a portfolio primarily made up of Chinese companies which are involved in the development, manufacture or sale of goods or services to consumers.The Fund may also invest in other transferable securities, units in collective investment schemes, money market instruments, cash and deposits. The Fund can use derivatives for the purpose of efficient portfolio management with the aim of risk or cost reduction or to generate additional capital or income in line with the Fund's risk profile.

Key Statistics

Fund Status
Fund TypeOEIC
ISINGB00B6WFC868
12-Month NAV High £1.94
12-Month NAV Low £1.28
Fund Comparative IndexMSCI China NR USD
Morningstar CategoryTMGreater China Equity
Dividend FrequencyYearly
Historic Yield0.82%

Annual Charges

Morningstar ratings

 as of  31/08/2016
Overall4 star
3 Years4 star
5 YearsN/A
10 YearsN/A

Growth of £1000 Help

 as of  28/09/2016

Past Performance (%) Help

as of 

This Fund

     
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Fund versus Morningstar Category

     
-6.0010.561.471.37
Important Information

The value of the fund and the income from it can go down as well as up so you may get back less than you invested. If your fund invests in overseas markets, changes in currency exchange rates may affect the value of your investment. If your fund invests in small and emerging markets, these can be more volatile than other more developed markets. Past performance is not a guide to future returns.
For funds that invest in bonds, please be aware that the price of bonds is influenced by movements in interest rates, changes in the credit rating of bond issuers, and other factors such as inflation and market dynamics. In general, as interest rates rise the price of a bond will fall. The risk of default is based on the issuer's ability to make interest payments and to repay the loan at maturity. Default risk may therefore vary between different government issuers as well as between different corporate issuers.

 Some of the performance and risk data presented may start before the share class was launched. If so, the data prior to the launch date of the share class is based on the fund or share class that has similar or higher charges, in order to provide an indication of longer term performance and risk. Please refer to the launch date and performance start date in the fund factsheet to determine whether the data has been extended.Past Performance and Risk & Volatility figures are presented in British Pounds Sterling (GBP). Fund returns are calculated on a Nav to Nav or Bid to Bid basis with income reinvested either after tax (for UK-domiciled funds) or gross of tax (for offshore funds). Performance figures include the effect of the OCF/TER. To cover distribution costs a separate service fee is now also charged on most funds, which is not included in the past performance figures. Consequently the past performance of the fund may be less than that shown on the chart due to the effect of the service fee.

This fund invests in a relatively small number of companies. This can make it more volatile than funds that are more diversified.

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