Fidelity has been Highly Commended in Money Observer’s 2017 Premier Investment Trust group award following 2 consecutive years winning the award in 2015 & 2016. Fidelity Asian Values PLC was awarded the best Asia Pacific Ex-Japan trust & both Fidelity Asian Values PLC & Fidelity Special Values PLC received Monthly Money Medals.
Fidelity Asian Values (FAS) has performed impressively since Nitin Bajaj took charge in April 2015 and raised its exposure to medium-sized and smaller companies. As a result it wins this year’s Best Asia Pacific Trust award. Fidelity Japanese Values (FJV) has started to make similarly encouraging progress since the experienced medium to smaller company specialist Nicholas Price took charge in September 2015.
Fidelity China Special Situations (FCSS), which is Fidelity’s largest trust, was once again its top performer, with three-year NAV total returns of 87.5 per cent. Manager Dale Nicholls remains focused on the continuing growth in consumption by China’s expanding middle class, and thinks China continues to offer good value.
Fidelity bases its bottom-up investment approach on its proprietorial research. Most of its managers started their careers in its research department