Page 9 - DIY Investor Magazine - Issue 27

When 1.4 billion consumers buy local, that’s a global opportunity
FIDELITY CHINA SPECIAL SITUATIONS PLC
If you want to take full advantage of the incredible growth of China’s middle classes and a seismic shift towards domestic consumption, you need real on-the-ground expertise.
As the UK’s largest China investment trust, we can capitalise on an extensive, locally based analyst team to make site visits and attend company meetings. This helps us find the opportunities that make the most of the immense shifts in local consumer demand.
Past performance is not a reliable indicator of future returns.
The value of investments can go down as well as up and you may not get back the amount you invested. Overseas investments are subject to currency fluctuations. Investments in emerging markets can be more volatile than other more developed markets. The shares in the investment trust are listed on the London Stock Exchange and their price is affected by supply and demand.
The investment trust can gain additional exposure to the market, known as gearing, potentially increasing volatility. The 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.
To find out more, scan the QR code, visit fidelity.co.uk/china or speak to your adviser.
PAST PERFORMANCE
Dec15- Dec16- Dec17- Dec18- Dec19- Dec16 Dec17 Dec18 Dec19 Dec20
Net Asset Value 17.5% 40.2% -21.6% 20.4% 58.0%
Share Price 20.3% 39.8% -18.8% 24.1% 68.6%
MSCI China Index 20.4% 40.7% -13.8% 18.7% 25.5%
Past performance is not a reliable indicator of future returns.
Source: Morningstar as at 31.12.2020, bid-bid, net income reinvested.
©2021 Morningstar Inc. All rights reserved. The MSCI China Index is a comparative index of the investment trust.
Source for consumers: The World Bank as at 2.12.2020. The latest annual reports 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. Fidelity Investment Trusts are managed by FIL Investments International. 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. UKM0121/32905/SSO/0321