Stewart Investors Asia Pacific Leaders B Acc


Buy/Sell Price  (as of 06/12/2016) £5.994   Day Change :  0.45%     Fund Code:  FTALB 

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.

Our View

Provider Logo

Biography

David Gait is Senior Portfolio Manager with First State Investments Global Emerging Markets/Asia Pacific (ex-Japan) team, having joined the company in 1997. David took on portfolio manager responsibilities in December 2005 managing the First State Asia Pacific Sustainability Fund. In August 2008 he was appointed lead portfolio manager of the First State India Subcontinent Fund. In early 1999, he joined the Asia Pacific (ex-Japan) desk as Senior Analyst. Having initially covered Korea, Taiwan and the Indian Sub-continent until the end of 2000, he then focused his research efforts on China and South-East Asia. David now covers all emerging markets with a specific focus on SRI and macro research. David holds an MA with honours in Economics from Cambridge University, and holds a Master of Science in Investment Analysis from Stirling University. He is an Associate member of the UK Society of Investment Professionals.

Biography

Sashi Reddy joined First State Investments Global Emerging Markets/ Asia Pacific (ex-Japan) team in July 2008. Sashi is an investment analyst, responsible for providing research support to portfolio managers and will have a main focus on Indian equities. Before joining First State Sashi worked at Credit Suisse First Boston from 2005 to 2007 as an analyst covering the small and mid cap European market. He also worked with Irevna, an outsourced Indian equities research house. Sashi brings with him six years of industry experience, one year of which was gained at First State in a contract role. Sashi has an engineering degree from the National Institute of Technology, Trichy and an MBA from the Schulich School of Business, York University in Toronto.
Investment HouseFirst State
Fund ProviderFirst State Investment Mgmt (UK) Ltd
ManagerDavid Gait   Biography
ManagerSashi Reddy   Biography

Fund Objective The fund aims to achieve long-term capital growth. The fund invests in large and mid capitalisation equities issued by companies that are incorporated or listed, or which conduct the majority of their economic activity, in the Asia Pacific region (excluding Japan, Including Australasia). Particular consideration is given to Investment in companies that are positioned to benefit from, and contribute to, the sustainable development of the countries in which they operate. Large and Mid-Capitalisation typically refers to equities with a minimum market capitalisation of US$ 1 billion and minimum free float of US$ 500 million. "Australasia" refer to Australia, New Zealand and other South East Asian Countries.

Key Statistics

Fund Status
Fund TypeOEIC
ISINGB0033874768
12-Month NAV High £6.65
12-Month NAV Low £4.76
Fund Comparative Index -
Morningstar CategoryTMAsia-Pacific ex-Japan Equity
Dividend FrequencyTwice Yearly
Historic Yield1.15%

Annual Charges

Morningstar ratings

 as of  31/10/2016
Overall5 star
3 Years5 star
5 Years5 star
10 Years5 star

One or more funds cannot be shown as they have less than one year of performance data.

Growth of £1000 Help

 as of  06/12/2016

Past Performance (%) Help

as of 

This Fund

     
-----

Fund versus Morningstar Category

     
3.73-2.768.499.40-7.41
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.

Nothing to display.