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Fidelity Funds - China RMB Bd E-ACC-EUR/USD H

Ranked 6 out of 7 in - Chinese Yuan over 12 months
All calculations are in EUR unless stated

Managed by

Bryan Collins

Bryan Collins is a portfolio manager in fixed income at Fidelity Worldwide Investment in Hong Kong. He joined the firm in 2006 as a trader and prior to this, he worked at Credit Suisse Asset Management in Sydney between 2000 and 2006. Bryan uses a long-only investment style across the various mandates he runs. He is a CFA Charterholder and gained his MComm from the University of New South Wales in Sydney.

Objective

The fund aims to achieve income via exposure to RMB denominated debt, money market securities and cash and/or cash equivalents (including, inter alia, time deposits). The fund will primarily invest, directly and/or indirectly, in investment grade securities denominated in RMB or issuers that have their principal business activities in the Asia Pacific region. Exposure to non-RMB denominated debt securities may be hedged in order to seek to maintain the currency exposure in RMB. It may invest its net assets directly in onshore China fixed income securities listed or traded in exchanges of China or on the mainland China interbank bond markets.

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Performance

Chinese Yuan over : 31/05/2016 - 31/05/2017
  • Rank 6/7 Total Return
  • Rank 6/7 Standard Deviation
  • Rank 7/7 Max Drawdown
Fund Name Currency Return
3 BGF Renminbi Bond E2 EUR Hedged

Currency exposure is hedged

Currency exposure is hedged

EUR

1.2%

4 HSBC GIF RMB Fixed Income A Cap EUR EUR

-0.2%

5 Allianz Renminbi Fixed Income - A (H2-EUR)

Currency exposure is hedged

Currency exposure is hedged

EUR

-0.9%

6 Fidelity Funds - China RMB Bd E-ACC-EUR/USD H

Currency exposure is hedged

Currency exposure is hedged

EUR

-2.3%

7 Pictet-Chinese Local Currency Debt-I EUR EUR

-4.1%

Fund Name Currency Risk
3 Allianz Renminbi Fixed Income - A (H2-EUR)

Currency exposure is hedged

Currency exposure is hedged

EUR

3.8

4 Pictet-Chinese Local Currency Debt-I EUR EUR

4.0

5 Invesco Renminbi Fixed Income E Acc EUR EUR

4.6

6 Fidelity Funds - China RMB Bd E-ACC-EUR/USD H

Currency exposure is hedged

Currency exposure is hedged

EUR

5.2

7 Deutsche Invest II China High Income Bonds LCH

Currency exposure is hedged

Currency exposure is hedged

EUR

6.3

Fund Name Currency Loss
3 BGF Renminbi Bond E2 EUR Hedged

Currency exposure is hedged

Currency exposure is hedged

EUR

-3.9%

4 Allianz Renminbi Fixed Income - A (H2-EUR)

Currency exposure is hedged

Currency exposure is hedged

EUR

-5.0%

5 Deutsche Invest II China High Income Bonds LCH

Currency exposure is hedged

Currency exposure is hedged

EUR

-5.3%

6 Pictet-Chinese Local Currency Debt-I EUR EUR

-5.7%

7 Fidelity Funds - China RMB Bd E-ACC-EUR/USD H

Currency exposure is hedged

Currency exposure is hedged

EUR

-6.4%

Total Return

Quarterly Performance

to 31/03/2017 Annual Q1 Q2 Q3 Q4
2017 2.0%
2016 -4.4% 2.7% -1.7% 1.1% -6.2%
2015 -2.9% 0.2% 2.1% -3.5% -1.6%
2014 1.2% -0.2%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. France
  2. Italy
  3. Luxembourg
  4. Portugal
  5. Spain
  6. Switzerland
  7. United Kingdom

Fund Info

  • Launch date07/05/2014
  • Share Class size00Mn
  • Base currencyEUR
  • ISIN LU1055024605
  • Currency exposure is hedged

Purchase Info

  • Min. initial investment2,000
  • Min. regular additional investment0

Charges

  • Annual management0.75%
  • Initial investment0

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).