Fidelity International – China Focus Fund Review
Fidelity International – China Focus Fund aims to provide long-term capital growth with the level of income expected to be low. At least 70% invested in the shares of Chinese companies listed in China and Hong Kong as well as non-Chinese companies that have a significant portion of their activities in China. The fund may invest its net assets directly in China A and B shares. Has the freedom to invest outside the fund’s principal geographies, market sectors, industries or asset classes. May invest in assets directly or achieve exposure indirectly through other eligible means including derivatives.
Fidelity International – China Focus Fund can use derivatives with the aim of risk or cost reduction or to generate additional capital or income, including for investment purposes, in line with the fund’s risk profile. The fund has discretion in its choices of investments within its objectives and policies. Income is accumulated in the share price. Shares can usually be bought and sold each business day of the fund. This fund may not be appropriate for investors who plan to sell their shares in the fund within 5 years. Investment in the fund should be regarded as a long-term investment.
Fidelity International – China Focus Fund will primarily focus on China through investment in securities of Chinese companies listed in China and Hong Kong, as well as securities in nonChinese companies which have a significant portion of their activities in China. The Sub-Fund may invest its net assets directly in China A and B shares.
Fidelity International – China Focus Fund can directly invest in China A shares through the Qualified Foreign Institutional Investor (“QFII”) quota of FIL Investment Management (Hong Kong)Limited or through any permissible means available to the Sub-Fund under prevailing laws and regulations (including through the Stock Connect or any other eligible
means). The Sub-Fund may invest up to 10% of its net assets directly in China A and B shares (with aggregate exposure including direct and indirect investments up to 30% of its assets).
Who is Fidelity International – China Focus Fund suitable for?
Fidelity International – China Focus Fund is only suitable for investors who:
- seek a fund that aims to provide investors with long-term capital growth
- wish to participate in equity markets while being prepared to accept the risks described under the “Key Risks” section belows
- seek long term investment.
Dividend or Income payout frequency:
For additional assessments on product suitability, please obtain professional advice from a qualified Financial Advisor.
What are the key risks of Fidelity International – China Focus Fund?
The value of Fidelity International – China Focus Fund and its dividends and coupons (if any) may rise or fall. You may lose some or all of your investment depending on the performance of the underlying securities. Factors that may affect the performance of these securities include, without limitation, market risks, fluctuations in interest rates and foreign exchange rates, political instability, exchange controls, changes in taxation and foreign investment policies.
Some of the key risks associated with Fidelity International – China Focus Fund are described below:
Market and Credit Risks
- You are exposed to Fluctuations in Value Risk
- You are exposed to Foreign Currency Risk
- You are exposed to Liquidity Risk
- You are exposed to Equities Risk
- You are exposed to risks in investing in Hong Kong and China
- You are exposed to QFII Risks
- You are exposed to Emerging Markets Risks
- You are exposed to Derivatives Risk
- You are exposed to risks associated with Stock Connect
- You are exposed to China Market Risk
- You are exposed to RMB Currency Risk
Investment Fees and Charges
For a limited time (Until 31 Dec 2023), speak to a MAS licensed Independent Financial Advisor which has committed to offering our readers a flat 1% Subscription fee (Initial Sale Charge) for all Unit Trust Funds investment.
Learn more about the limited time offer on 1% Initial Sales Charge. Terms and conditions may apply.
Where can I get more details about Fidelity International – China Focus Fund
- Fidelity International – China Focus Fund Fact Sheet (Open in New Window)
- Fidelity International – China Focus Fund Product Highlight Sheet (Open in New Window)
- Speak to a licensed Independent Financial Advisor.
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