Fidelity China Special Situations (FCSS)

Business description

Fidelity China Special Situations aims to achieve long-term capital growth from an actively managed portfolio made up primarily of securities issued by companies listed in China or Hong Kong and Chinese companies listed elsewhere. It may also invest in listed companies with significant interests in China and Hong Kong.

Stock data

Market cap.£1290.3m
Last close234.00p
High / Low (52 weeks)262.0p / 191.7p
Stock market listingLN
Forecast net debt (m)N/A
Forecast gearing ratio (%)N/A
TeamInvestment Companies
SectorInvestment Companies

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Company news

Investment summary

Fidelity China Special Situations (FCSS) invests in a diversified portfolio of Chinese equities, seeking exposure to higher-quality companies, primarily in faster growing, consumer-orientated areas of the economy. FCSS provides actively managed exposure to the Chinese market, following a bottom-up investment approach, unconstrained by index weightings, and currently has no holdings in banks or property, which are considered to be higher-risk sectors. FCSS has achieved a 14.5% pa NAV total return since its launch in April 2010, and its performance is considerably ahead of the MSCI China index and the world market over three and five years.

Last updated on 15/09/2017

Key management

Nicholas Bull, Chairman
David Causer, Chairman of the Audit Committee

Company address

Beech Gate
Millfield Lane
Lower Kingswood
Tadworth
KT20 6RP
United Kingdom
0800 41 41 10
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