Fidelity South East Asia Accumulation Units
Sell : 403.10p | Buy : 403.10p | down 0.40p
Last valuation as at 06-01-2009
At a glance
| Initial charge | 3.50% |
|---|---|
| Initial saving | 3.00% |
| Annual charge | 1.50% |
| Annual saving | 0.200% ² |
| Total Expense Ratio | 1.77% |
| Launch date | 13-10-1984 |
| Launch price | £0.25 |
| Sector | Asia Pacific Ex Japan |
| Fund size | £784 million |
| Number of holdings | 130 |
| Fund type | OEIC |
| Type of units | Accumulation |
Ways to Invest
Find out how to invest in this fundHL Research - Our view on this Fund
Asian markets have not been immune to the fall out from the credit crunch over the last year. China has been particularly volatile which has affected this fund given its exposure to the region. That said Allan Liu has been increasing exposure to China and Hong Kong on weakness. He has been buying the larger Chinese banks which have no exposure to the sub prime mortgage market and he feels they should benefit from strong domestic demand for loans.
Full research
About the Fund Manager
Allan Liu
Located in: Hong Kong
Date of birth: 24/04/61. Allan holds an MBA from the The Chinese University of Hong Kong. He joined Fidelity in 1987 as an analyst and progressed to portfolio management in 1990. Allan assumed responsibility for FIF South East Asia Fund in July 2003.
Income details
| Historic yield | 0.19% |
|---|---|
| Income paid | Annually |
| Type of payment | Dividend |
All yields are variable and not guaranteed. There is currently no yield information available for this fund.
Distribution dates
| Ex-dividend date | 01 March 2009 |
|---|---|
| Payment date ³ | 30 April 2009 |
Top 10 holdings
| China Mobile (Red Chip) | 5.71% |
|---|---|
| Samsung Electronics Co. | 4.02% |
| Chunghwa Telecom Co. | 2.97% |
| Industrial & Commercial Bank of China | 2.95% |
| Taiwan Semiconductor Manufacturing | 2.94% |
| PetroChina Co. | 2.84% |
| China Life Insurance Co. Ltd. (China) | 2.62% |
| Hang Seng Bank | 2.51% |
| JPM (KOSPI 200 FUTURE DEC08) ELN 11/12/2 | 2.39% |
| China Petroleum & Chemical Corp. | 2.22% |
Top 10 sectors
| Banks | 16.66% |
|---|---|
| Mobile Telecommunications | 11.15% |
| Cash and Equiv. | 8.73% |
| Oil & Gas Producers | 8.56% |
| Technology Hardware & Equipment | 7.13% |
| Fixed Line Telecommunications | 5.31% |
| Electricity | 4.55% |
| Life Insurance | 3.77% |
| Non-Classified | 3.10% |
| Real Estate Investment & Services | 3.06% |
Top 10 countries
| Hong Kong | 26.09% |
|---|---|
| China | 21.83% |
| South Korea | 14.43% |
| Taiwan | 10.54% |
| Cash and Equiv. | 8.73% |
| Thailand | 3.65% |
| Singapore | 3.20% |
| Indonesia | 2.83% |
| Netherlands | 2.39% |
| Malaysia | 2.17% |
² Annual saving is not available in the SIPP.
³ If you elect to receive the income from a Vantage ISA, Fund or Share Account, we will collect any dividends for you and then pay them directly into your bank account within the first 10 working days of the following month.
Last valuation as at 06-01-2009. Data accurate as at 30/11/2008.
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