Trustnet Magazine 95 May 2023 | Page 39

All roads East

FIDELITY ASIAN VALUES PLC

Asia is the world ’ s fastest-growing economic region , offering investors a potentially unparalleled long-term opportunity .
But with more than 18,000 listed companies , the challenge is knowing in which direction to head . To find the companies which could turn into tomorrow ’ s front runners requires an extensive intelligence network of local analysts across Asia . Coupling that with an approach that seeks mispriced , quality businesses run by trusted people , Fidelity Asian Values PLC is an investment trust that is going places .
PAST PERFORMANCE
Mar 18 – Mar 19
Mar 19 – Mar 20
Mar 20 – Mar 21
Mar 21 – Mar 22
Mar 22 – Mar 23
Net Asset Value 7.5 % -29.3 % 63.2 % 7.5 % 9.8 %
Share Price 14.3 % -29.9 % 59.0 % -0.2 % 16.4 %
The value of investments can go down as well as up and you may not get back the amount you invested . Investments in emerging markets can be more volatile than other more developed markets .
This trust invests more heavily than others in smaller companies , which can carry a higher risk because their share prices may be more volatile than those of larger companies and the securities are often less liquid . Overseas investments are subject to currency fluctuations . This trust uses financial derivative instruments for investment purposes , which may expose the fund to a higher degree of risk and can cause investments to experience larger than average price fluctuations .
To find out more , visit fidelity . co . uk / asianvalues , scan the QR code or speak to your adviser .
MSCI AC Asia ex Japan Small Cap ( N ) Index
2.0 % -17.5 % 67.7 % 7.5 % -4.7 %
Past performance is not a reliable indicator of future returns . Source : Morningstar as at 31.03.2023 , bid-bid , net income reinvested . © 2023 Morningstar Inc . All rights reserved . The MSCI AC Asia ex Japan Small Cap ( N ) Index is a comparative index of the investment trust .
The latest annual reports , key information document ( KID ) and factsheets can be obtained from our website at www . fidelity . co . uk / its or by calling 0800 41 41 10 . The full prospectus may also be obtained from Fidelity . The Alternative Investment Fund Manager ( AIFM ) of Fidelity Investment Trusts is FIL Investment Services ( UK ) Limited . Issued by Financial Administration Services Limited , authorised and regulated by the Financial Conduct Authority . Fidelity , Fidelity International , the Fidelity International logo and F symbol are trademarks of FIL Limited . UKM0423 / 381598 / SSO / 0723