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Fidelity Funds - Pacific A-USD

Ranked 2 out of 2 in - Asia Pacific Including Japan over 12 months
All calculations are in ZAR unless stated

Managed by

Dale Nicholls

Dale Nicholls was born in Australia in 1968 and obtained his bachelor’s degree in business management from the Queensland University of Technology. Prior to joining Fidelity, he worked as an analyst, first at Sony and then at Bankers Trust Asia Securities. In terms of fund management style, he follows a bottom-up stock-picking approach, looking for growth at a reasonable price. Long-term growth prospects, returns on capital and management quality are the key characteristics focused upon for company valuation. Cash is not used tactically and derivatives are solely used for efficient portfolio management such as equitising cash flows. Given his funds’ small- and mid-cap bias, David tends to outperform when market liquidity is ample or when the market is driven by sentiment.

Objective

The fund invests principally in an actively managed portfolio of equities in the Asia Pacific region. The Asia Pacific region comprises countries including, but not limited to, Japan, Australia, China, Hong Kong, India, Indonesia, Korea, Malaysia, New Zealand, Philippines, Singapore, Taiwan and Thailand. The fund may invest its net assets directly in China A and B Shares.

Showing fund performance in South Africa View performance globally

Performance

Asia Pacific Including Japan over : 30/09/2016 - 30/09/2017
  • Rank 2/2 Total Return
  • Rank 2/2 Standard Deviation
  • Rank 2/2 Max Drawdown

Total Return

Quarterly Performance

to 29/09/2017 Annual Q1 Q2 Q3 Q4
2017 8.0% 2.5% 8.5%
2016 -8.2% -4.1% 0.2% 4.3% -8.4%
2015 33.8% 10.1% 5.5% -5.1% 21.4%
2014 12.6% 2.4% 4.8% 4.2% 0.7%
2013 62.2% 20.3% 6.5% 12.9% 12.0%
2012 23.1% 8.0% -1.4% 9.6% 5.5%
2011 -1.5% 1.1% 0.9% -4.6% 1.2%
2010 17.2% 8.6% -4.2% 5.9% 6.4%
2009 26.5% -6.0% 13.6% 16.9% 1.2%
2008 -41.0% 0.0% -8.6% -24.1% -15.0%
2007 20.4% 7.3% 9.5% 3.6% -1.1%
2006 29.2% 5.0% 10.2% 9.5% 1.8%
2005 48.7% 11.3% 8.9% 8.4% 13.1%
2004 -2.1% 4.2% -7.4% 1.9% -0.3%
2003 8.8% -15.8% 10.7% 9.4% 6.6%
2002 -34.7% 0.7% -9.4% -10.3% -20.2%
2001 26.1% -5.8% 3.8% -12.0% 46.5%
2000 -21.8% 0.8% -6.7% -5.3% -12.1%
1999 125.2% 18.2% 13.8% 18.8% 40.9%
1998 29.7% 5.4% 10.5% -8.2% 21.3%
1997 -10.0% -11.9% 23.3% -4.9% -12.9%
1996 24.1% 11.0% 12.5% 0.2% -0.9%
1995 -1.1%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

30/06/2017

Top 10 Holdings

Stock Size
SoftBank Group Corp ORD 2.70
Alibaba Group Holding Ltd DR 2.34
Orix Corp ORD 2.31
CNY Cash 1.90
USD Cash 1.49
China Pacific Insurance Group Co Ltd ORD 1.23
Hutchison China MediTech Ltd ORD 1.22
Fidelity Institutional Liquidity USD A Acc 1.20
Kohyoung Technology Inc ORD 1.12
GMO Internet Inc ORD 1.02
30/06/2017

Registered For Sale In

  1. Austria
  2. Bahrain
  3. Belgium
  4. Chile
  5. Czech Republic
  6. Denmark
  7. Finland
  8. France
  9. Germany
  10. Guernsey
  11. Hong Kong
  12. Hungary
  13. Iceland
  14. Ireland
  15. Italy
  16. Jersey
  17. Korea
  18. Luxembourg
  19. Macau
  20. Malta
  21. Netherlands
  22. Norway
  23. Oman
  24. Peru
  25. Poland
  26. Portugal
  27. Qatar
  28. Singapore
  29. Slovakia
  30. South Africa
  31. Spain
  32. Sweden
  33. Switzerland
  34. Taiwan
  35. United Kingdom

Fund Info

  • Launch date10/01/1994
  • Share Class size1,033Mn
  • Base currencyUSD
  • ISIN LU0049112450

Purchase Info

  • Min. initial investment2,500
  • Min. regular additional investment0

Charges

  • Annual management1.50%
  • Initial investment5.25

Related News

Fidelity star Nicholls’ team brands Chinese banks ‘uninvestable’

Citywire A-rated manager explains why he is holding a substantial underweight to the county’s financial sector.

Don’t be short-sighted on Chinese SOEs, says Fidelity star

Citywire AA-rated Dale Nicholls says low valuations could provide attractive entry points despite lack of love for state-owned firms.

Fidelity star: the top two China bets for the Year of the Horse

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Asia Pacific equity elite: the two most consistent managers

Citywire Global finds a lone pair of outperformers able to stay ahead of the pack in the Asia Pacific region.

Fidelity's new Asian stars lining up to replace Bolton & Liu

Dale Nicholls and Teera Chanpongsang have given an insight into their investment thinking as they prepare to replace two of the biggest names at Fidelity.

Fidelity names successor for Anthony Bolton

Euro Stars A-rated Asian equity specialist set to takeover China Special Situations investment trust.

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).