Morningstar Fund Report  | 03/04/2025Print

FF - Asia Equity ESG Fund A-DIST-SGD

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
FF - Asia Equity ESG Fund A-DIST-SGD
Fund-2.7-7.3-7.74.8-0.3
+/-Cat0.23.9-3.4-6.31.9
+/-B’mrk0.30.5-8.6-7.51.3
 
Category: Asia ex-Japan Equity
Category Benchmark: Morningstar Asia xJpn TME N...
Key Stats
NAV
02/04/2025		 SGD 2.29
Day Change 0.02%
Morningstar Category™ Asia ex-Japan Equity
ISIN LU0251144936
Fund Size (Mil)
28/02/2025		 USD 2721.68
Share Class Size (Mil)
02/04/2025		 SGD 50.97
Max Initial Charge 5.25%
Ongoing Charge
30/07/2024		  1.92%
Morningstar Research
Analyst Report22/02/2024
Claire Liang, Senior Analyst
Morningstar, Inc

Fidelity Sustainable Asia Equity is an excellent Asia equity proposition thanks to its experienced and savvy lead manager, well-resourced analyst team, and highly robust investment process. The cheaper share classes of the Luxembourg-domiciled...

Click here to read this analyst report on the underlying fund.
Morningstar Pillars
People25
Parent24
Process25
Performance
Price
Investment Objective: FF - Asia Equity ESG Fund A-DIST-SGD
The fund aims to achieve capital growth over the long term.
Returns
Trailing Returns (GBP)02/04/2025
YTD0.52
3 Years Annualised-1.35
5 Years Annualised4.77
10 Years Annualised5.30
12 Month Yield 0.00
Dividend Paying Frequency Annually
Management
Manager Name
Start Date
Dhananjay Phadnis
02/03/2015
Inception Date
15/05/2006

Category Benchmark
Fund BenchmarkMorningstar Benchmark
MSCI AC Asia Ex Japan NR USDMorningstar Asia xJpn TME NR USD
Portfolio Profile for  FF - Asia Equity ESG Fund A-DIST-SGD28/02/2025
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock93.360.0093.36
Bond0.090.000.09
Property0.000.000.00
Cash7.981.436.55
Other0.000.000.00
Top 5 Regions%
Asia - Emerging60.40
Asia - Developed38.27
United States1.18
Eurozone0.15
United Kingdom0.00
Top 5 Sectors%
Financial Services30.41
Technology22.83
Consumer Cyclical17.55
Communication Services9.25
Healthcare6.25
Top 5 HoldingsSector%
Taiwan Semiconductor Manufacturi... TechnologyTechnology8.89
Tencent Holdings LtdCommunication ServicesCommunication Services6.64
ICICI Bank LtdFinancial ServicesFinancial Services5.93
Samsung Electronics Co LtdTechnologyTechnology5.46
AIA Group LtdFinancial ServicesFinancial Services4.77
Increase Decrease New since last portfolio
FF - Asia Equity ESG Fund A-DIST-SGD
Growth Of 1000 (GBP) 31/03/2025
Fund:  FF - Asia Equity ESG Fund A-DIST-SGD
Category:  Asia ex-Japan Equity
Category Index:  Morningstar Asia xJpn TME NR USD
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2025
 201820192020202120222023202431/03
Price Return-6.4819.3221.27-2.70-7.29-7.664.78-0.33
+/- Category5.484.60-1.550.213.93-3.45-6.351.86
+/- Category Index0.445.820.680.320.52-8.65-7.501.26
% Rank in Category922534121809023
Trailing Returns (GBP)02/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day0.02   -0.570.10
1 Week-1.22   0.411.11
1 Month-1.18   0.630.59
3 Months-0.75   0.590.92
6 Months-5.26   -2.930.34
YTD0.52   1.871.58
1 Year3.67   -1.95-2.34
3 Years Annualised-1.35   -1.31-3.76
5 Years Annualised4.77   -1.17-2.48
10 Years Annualised5.30   0.20-0.63
 
Category: Asia ex-Japan Equity
Category Index: Morningstar Asia xJpn TME NR USD
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
2025-0.33---
2024-0.154.982.51-2.48
20230.20-4.24-2.40-1.40
2022-7.541.40-4.733.79
20214.311.72-4.72-3.75
2020-14.4917.847.9011.53
 
 
 
Morningstar Rating™(Relative to Category)28/02/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearBelow AverageBelow Average2 star
5-YearBelow AverageBelow Average3 star
10-YearAverageBelow Average3 star
OverallAverageBelow Average3 star
 
Category :  Asia ex-Japan EquityClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev15.03 %
3-Yr Mean Return-0.04 %
 
3-Yr Sharpe Ratio-0.27
 
Modern Portfolio Statistics31/03/202531/03/2025
 Standard IndexBest Fit Index
 Morningstar Asia xJpn TME NR USD  Morningstar Asia xJpn TME GR USD
3-Yr Beta0.980.99
3-Yr Alpha-3.50-5.14
 
Investment Style Details28/02/2025
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)USD 65912-
Market Capitalisation% of Equity
Giant70.16
Large27.17
Medium1.48
Small1.19
Micro0.00
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings14.371.09
Price/Book1.961.11
Price/Sales2.231.28
Price/Cash Flow9.711.42
Dividend-Yield Factor2.641.07
 
Long-Term Projected Earnings Growth9.880.94
Historical Earnings Growth9.391.59
Sales Growth0.190.04
Cash-Flow Growth0.210.02
Book-Value Growth9.191.26
 
Category: Asia ex-Japan Equity
Asset Allocation28/02/2025
Asset Allocation
 % Long% Short% Net Assets
Stock93.360.0093.36
Bond0.090.000.09
Property0.000.000.00
Cash7.981.436.55
Other0.000.000.00
World Regions28/02/2025
 % of EquityRelative to Category
United States1.180.54
Canada0.000.00
Latin America0.000.00
United Kingdom0.000.00
Eurozone0.151.70
Europe - ex Euro0.000.00
Europe - Emerging0.000.00
Africa0.00-
Middle East0.00-
Japan0.000.00
Australasia0.000.00
Asia - Developed38.271.00
Asia - Emerging60.401.03
 
Category: Asia ex-Japan Equity
Sector Weightings28/02/2025
 % of EquityRelative to Category
Basic MaterialsBasic Materials2.721.08
Consumer CyclicalConsumer Cyclical17.550.93
Financial ServicesFinancial Services30.411.38
Real EstateReal Estate3.421.18
Consumer DefensiveConsumer Defensive4.601.39
HealthcareHealthcare6.252.19
Communication ServicesCommunication Services9.250.83
IndustrialsIndustrials2.970.47
TechnologyTechnology22.830.83
 
Category: Asia ex-Japan Equity
Top 10 Holdings28/02/2025
 Portfolio NEW
Total Number of Equity Holdings55
Total Number of Bond Holdings2
Assets in Top 10 Holdings47.30
NameSectorCountry% of Assets
Taiwan Semiconductor Manufacturing Co... 311Taiwan8.89
Tencent Holdings Ltd308China6.64
ICICI Bank Ltd103India5.93
Samsung Electronics Co Ltd311Korea, Republic Of5.46
AIA Group Ltd103Hong Kong4.77
Alibaba Group Holding Ltd Ordinary Sh... 102China4.37
HDFC Bank Ltd103India4.19
Bangkok Dusit Medical Services PCL206Thailand2.66
Yageo Corp311Taiwan2.19
Hong Kong Exchanges and Clearing Ltd103Hong Kong2.18
 
Increase Decrease New since last portfolio
Category: Asia ex-Japan Equity
 
Management
Name of CompanyFidelity (FIL Inv Mgmt (Lux) S.A.)
Phone+ 352 250 404 2400
Websitewww.fidelity-international.com
Address2a, rue Albert Borschette
 Luxembourg   L-1246
 Luxembourg
DomicileLuxembourg
Legal StructureSICAV
UCITSYes
Inception Date15/05/2006
Fund Advisor(s)
FIL Fund Management Limited
Fund ManagerDhananjay Phadnis
Manager Start Date02/03/2015
 
Biography
Dhananjay joined Fidelity in 2004 as an investment analyst in India. He moved to Hong Kong in 2006. As an analyst, Dhananjay covered the Asian telecommunications, consumer discretionary, industrials and materials sectors. He was promoted to Director of Research (DoR) in 2009. As DoR, he was responsible for mentoring and guiding Fidelity’s team of research analysts based in various offices in the Asia ex Japan region.
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Charge5.25%
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge1.50%
Ongoing Charge1.92%
Purchase Details
Minimum Investments
Initial-
Additional-
Savings-
Tax Free Savings Schemes
ISAsYes