Portfolio Manager
Dhananjay Phadnis, Allan Liu
The Fidelity Funds - Asia Equity ESG Fund page has been refreshed from Fidelity Funds’ April 2026 Hong Kong Extract Prospectus. The PDF fund description is for Asia Equity ESG Fund.
Investment Objective
The fund aims to achieve capital growth over the long term.
Investment Policy
The fund invests at least 70% of its assets, in equities of companies that are listed, headquartered, or do most of their business in Asia (excluding Japan). This region includes countries that are considered as emerging markets. The fund may also invest in money market instruments on an ancillary basis. The fund may invest in the following assets according to the percentages indicated: • less than 30% of its assets (directly and/or indirectly) in China A or B shares (in aggregate) • SPACs: less than 5% The fund’s largest ten holdings may account for 50% or more of its assets, resulting in portfolio concentration.
Investment Process
In actively managing the fund, the Investment Manager considers growth and valuation metrics, company financials, return on capital, cash flows and other measures, as well as company management, industry, economic conditions, and other characteristics. The Investment Manager considers ESG characteristics when assessing investment risks and opportunities. In determining ESG characteristics, the Investment Manager takes into account ESG ratings provided by Fidelity or external agencies. The fund invests at least 80% of its assets in securities of issuers with high ESG ratings. The fund may invest in securities of issuers with low but improving ESG characteristics. The fund assesses the ESG characteristics of at least 90% of its assets. The fund aims to achieve an ESG score of its portfolio greater than that of its investment universe, after excluding 20% of securities with the lowest ESG ratings. Through the investment management process, the Investment Manager aims to ensure that investee companies follow good governance practices.
SFDR Product Category
Article 8 (promotes environmental and/or social characteristics) – ESG Target.
Derivatives and Techniques
The fund may use derivatives for hedging and efficient portfolio management. In addition to core derivatives (see “How the Funds Use Instruments and Techniques”), the fund intends to use TRS. TRS (including CFD) usage Expected 0%; maximum 5%. Securities lending Expected 15%; maximum 30%. Repos/reverse repos Expected 0%; maximum 30%.
Benchmark
MSCI AC Asia ex Japan Index, a broad market index that does not take into account ESG characteristics.
Base Currency
USD.
Main Risks
- China
- Concentration
- Counterparty and collateral
- Currency
- Derivatives
- Emerging markets
- Equities
- Hedging
- Investment fund
- Liquidity
- Market
- Operational
- Sustainable investing
Risk Management Method
Commitment.
Fidelity Hong Kong Website Data
Note: Visit the fund’s factsheet at https://www.fidelity.com.hk/en/funds/factsheet/FSEDA/G for the latest Morningstar rating, risk rating, NAV, fund size, and performance data.
Available Metrics (to be populated from Fidelity HK factsheet):
- Morningstar Rating: ★★★★☆ (to be verified)
- Risk Rating: /5 (Medium to High) (to be verified)
- Fund Size: (to be verified)
- NAV: (to be verified)
- Annual Management Fee: (to be verified)
- Max Sales Charge: (to be verified)
- Launch Date: (to be verified)
- 3-Year Standard Deviation: (to be verified)
- ISIN: (from prospectus)
- Bloomberg Ticker: (to be verified)
Performance Data (from Fidelity HK factsheet):
- Annual performance table
- Cumulative performance (YTD, 6m, 1yr, 3yr, 5yr)
- Top 10 holdings
- ESG metrics and MSCI ratings
- Volatility measures (standard deviation, beta, alpha, risk rating)
Charges and Expenses (from Fidelity HK factsheet):
- Max. Sales Charge
- Annual Management Fee
- Other fees (refer to prospectus)
Source
- Fidelity Funds, April 2026 Hong Kong Extract Prospectus:
data/fidelity/pr.ff.HK-en.HK.pdf