Fidelity China Special Situations (FCSS) had a challenging year in 2018, heavily influenced by the correction in Chinese equities that was longer and deeper than in other major stock markets. However, the trust’s longer-term returns have been strong, with an impressive 14.0% annualised NAV total return over five years, which is well ahead of its benchmark MSCI China index, as well as the MSCI World and FTSE All-Share indices. The market fall created compelling opportunities for manager
25 Jan 2019
Fidelity China Special Situations - Confident in the long-term outlook
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Fidelity China Special Situations - Confident in the long-term outlook
Fidelity China Special Situations PLC (FCSS:LON) | 201 0 0.0% | Mkt Cap: 1,055m
- Published:
25 Jan 2019 -
Author:
Gavin Wood -
Pages:
9
Fidelity China Special Situations (FCSS) had a challenging year in 2018, heavily influenced by the correction in Chinese equities that was longer and deeper than in other major stock markets. However, the trust’s longer-term returns have been strong, with an impressive 14.0% annualised NAV total return over five years, which is well ahead of its benchmark MSCI China index, as well as the MSCI World and FTSE All-Share indices. The market fall created compelling opportunities for manager