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Fidelity China Fund Series B

Greater China Equity

FundGrade A Click for more information on Fundata’s FundGrade

FundGrade A

Click for more information on Fundata’s FundGrade.

Fundata ESG GradeD Click for more information on Fundata’s ESG Grade

Fundata ESG Grade D

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FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2018, 2017, 2016

Click for more information on Fundata’s FundGrade

NAVPS
(11-22-2024)
$29.70
Change
-$0.72 (-2.37%)

As at October 31, 2024

As at September 30, 2024

As at July 31, 2024

Period
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Legend

Fidelity China Fund Series B

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Fund Returns

Inception Return (May 04, 2006): 7.14%

Fund Returns
Row Heading Return Annualized Return
1 Mth 3 Mth 6 Mth YTD 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr
Fund -2.81% 13.41% 7.73% 16.61% 13.79% 17.86% 2.67% 1.48% 1.40% 1.81% 0.23% 3.31% 3.50% 5.46%
Benchmark 3.07% 21.45% 13.44% 15.41% 10.84% 5.90% -5.53% -2.61% 2.73% 5.16% -0.85% -0.13% -1.24% 3.48%
Category Average -3.24% 13.33% 8.78% 17.91% 14.16% 12.26% -6.72% -5.46% -1.26% 0.91% -1.01% 2.39% 2.64% 3.81%
Category Rank 30 / 67 33 / 67 37 / 67 49 / 67 37 / 67 17 / 65 11 / 64 11 / 64 26 / 59 41 / 57 34 / 52 18 / 35 19 / 35 13 / 35
Quartile Ranking 2 2 3 3 3 2 1 1 2 3 3 3 3 2

Monthly Return

Monthly Return
Return % Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct
Fund 0.00% -2.42% -7.79% 6.84% 2.30% 7.40% 1.72% -4.67% -2.05% -3.04% 20.34% -2.81%
Benchmark 0.23% -4.18% -11.24% 11.30% -0.38% 3.37% -2.22% -5.45% 1.02% -4.60% 23.51% 3.07%

Best Monthly Return Since Inception

26.98% (November 2022)

Worst Monthly Return Since Inception

-17.59% (January 2008)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 19.29% 16.19% -0.45% 30.89% -5.52% 8.73% -4.46% -4.82% 2.36% -8.89%
Benchmark 56.37% 39.34% -22.11% 5.92% -27.74% 25.82% 26.06% 7.65% -21.94% -12.56%
Category Average 13.37% 10.12% -0.54% 36.44% -10.53% 17.64% 16.11% -9.03% -16.98% -15.56%
Quartile Ranking 2 1 2 3 1 4 4 2 1 1
Category Rank 9/ 35 8/ 35 15/ 35 24/ 36 12/ 52 47/ 57 50/ 59 19/ 64 9/ 65 14/ 65

Best Calendar Return (Last 10 years)

30.89% (2017)

Worst Calendar Return (Last 10 years)

-8.89% (2023)

Asset Allocation

Asset Allocation
Name Percent
International Equity 96.08
Cash and Equivalents 2.76
US Equity 1.16
Foreign Corporate Bonds 0.03
Other -0.03

Sector Allocation

Sector Allocation
Name Percent
Technology 21.89
Financial Services 17.64
Consumer Goods 14.36
Real Estate 9.25
Consumer Services 7.83
Other 29.03

Geographic Allocation

Geographic Allocation
Name Percent
Asia 87.51
North America 4.50
Europe 3.99
Other 4.00

Top Holdings

Top Holdings
Name Percent
Alibaba Group Holding Ltd -
Tencent Holdings Ltd -
Ind and Commercial Bank of China Ltd Cl H -
China Construction Bank Corp Cl H -
BOC Aviation Ltd -
Prosus NV -
Fidelity U.S. Money Market Investment Trust O -
Trip.com Group Ltd -
ENN Energy Holdings Ltd -
Meituan -

Equity Style

Market capitalization is large. Equity style is blend.

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Fidelity China Fund Series B

Median

Other - Greater China Equity

3 Yr Annualized

Standard Deviation 27.20% 22.67% 20.01%
Beta 0.84% 0.77% 0.62%
Alpha 0.09% 0.00% 0.03%
Rsquared 0.56% 0.53% 0.55%
Sharpe 0.09% 0.07% 0.28%
Sortino 0.20% 0.06% 0.34%
Treynor 0.03% 0.02% 0.09%
Tax Efficiency 52.98% 28.20% 88.30%
Volatility Volatility rating is 10 on a scale of 1 to 10 Volatility rating is 10 on a scale of 1 to 10 Volatility rating is 10 on a scale of 1 to 10

Risk Rating

Rating 10 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 25.84% 27.20% 22.67% 20.01%
Beta 0.77% 0.84% 0.77% 0.62%
Alpha 0.05% 0.09% 0.00% 0.03%
Rsquared 0.86% 0.56% 0.53% 0.55%
Sharpe 0.43% 0.09% 0.07% 0.28%
Sortino 1.17% 0.20% 0.06% 0.34%
Treynor 0.15% 0.03% 0.02% 0.09%
Tax Efficiency 86.73% 52.98% 28.20% 88.30%

Fundata ESG Metrics

Fundata ESG Score

The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.

Fundata E Score

Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.

Fundata S Score

Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.

Fundata G Score

Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.

Powered by OWL Analytics. For more information, please contact Fundata Canada.

Fund Details

Start Date May 04, 2006
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $27

Fund Codes

FundServ Code Load Code Sales Status
FID1106
FID1206

Investment Objectives

The Fund aims to achieve long-term capital growth. It invests primarily in equity securities of Chinese and Hong Kong companies and in companies located in other countries that derive a significant portion of their revenues from these countries.

Investment Strategy

To meet the Fund’s objectives, the portfolio management team: When buying and selling equity securities, may consider factors about a company, including: > Financial condition. > Industry position. > Economic and market conditions. > Growth potential. > Earnings estimates. > Cash flow. > Quality of management. May, by situation, consider ESG criteria when evaluating investment opportunities. The Fund may also: Invest in companies of any size, but tends to focus on large companies.

Portfolio Manager(s)

Name Start Date
Jing Ning 05-08-2006
FIL Limited 02-06-2023

Management and Organization

Fund Manager Fidelity Investments Canada ULC
Advisor Fidelity Investments Canada ULC
Custodian CIBC Mellon Trust Company
Registrar Fidelity Investments Canada ULC
Distributor Fidelity Investments Canada ULC
Auditor PriceWaterhouseCoopers LLP

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 500
PAC Subsequent 25
SWP Allowed Yes
SWP Min Balance 5,000
SWP Min Withdrawal 50

Fees

MER 2.24%
Management Fee 1.85%
Load Back Fee Only
FE Max 5.00%
DSC Max -
Trailer Fee Max (FE) 1.00%
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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