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FHKCX Fidelity® China Region

  • Fund
  • FHKCX
  • Price as of: May 21, 2019
  • $32.60 + $0.30 + 0.93%
  • Category
  • China Equities

FHKCX - Profile

Vitals

  • YTD Return 10.6%
  • 3 Yr Annualized Return 13.7%
  • 5 Yr Annualized Return 0.1%
  • Net Assets $1.29 B
  • Holdings in Top 10 45.1%

52 WEEK LOW AND HIGH

$32.60
$28.18
$38.59

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.96%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 60.00%

TRADING FEES

  • Max Redemption Fee 1.50%

Min Investment

STANDARD (TAXABLE)

$0

IRA

$2,500

Investment Themes

CATEGORY

China Equities
  • Fund Type Open End Mutual Fund
  • Investment Style China Region

Distributions

  • YTD Total Return 10.6%
  • 3 Yr Annualized Total Return 14.3%
  • 5 Yr Annualized Total Return 7.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.74%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name Fidelity® China Region Fund
  • Fund Family Name Fidelity Investments
  • Inception Date Nov 01, 1995
  • Shares Outstanding N/A
  • Share Class No Load
  • Currency USD
  • Domiciled Country United States
  • Manager Stephen Lieu

Fund Description

The Fidelity China Region Fund (FHKCX) is a specialized regional fund that invests in the Chinese, Hong Kong and Taiwanese markets and may invest in other stocks that are tied economically to the China region. The fund focuses its attention on large-cap growth stocks. FHKCX’s managers use fundamental analysis to identify the best candidates in the China region for inclusion in the fund.

Even with its low costs, FHKCX is too narrow of a fund to be considered a core option. Investors should use the fund to overweight a position in emerging markets. The fund is managed by Fidelity Investments.

FHKCX - Performance

Return Ranking - Trailing

Period FHKCX Return Category Return Low Category Return High Rank in Category (%)
YTD 10.6% -16.2% 17.4% 34.78%
1 Yr -13.0% -48.4% -6.3% 23.91%
3 Yr 13.7%* -3.8% 14.8% 4.35%
5 Yr 0.1%* -11.6% 4.1% 45.65%
10 Yr 4.2%* -3.3% 6.0% 34.38%

* Annualized


Return Ranking - Calendar

Period FHKCX Return Category Return Low Category Return High Rank in Category (%)
2018 -18.1% -52.1% -12.2% 23.91%
2017 51.3% 18.8% 58.1% 15.22%
2016 -6.5% -16.0% 4.0% 76.09%
2015 -17.1% -34.4% 1.0% 80.43%
2014 -9.2% -23.4% 14.5% 58.70%

Total Return Ranking - Trailing

Period FHKCX Return Category Return Low Category Return High Rank in Category (%)
YTD 10.6% -16.2% 17.4% 34.78%
1 Yr -13.0% -48.4% -1.6% 30.43%
3 Yr 14.3%* -0.9% 19.6% 23.91%
5 Yr 7.3%* -11.6% 9.9% 26.09%
10 Yr 9.8%* -3.3% 10.3% 6.25%

* Annualized


Total Return Ranking - Calendar

Period FHKCX Return Category Return Low Category Return High Rank in Category (%)
2018 -18.1% -52.1% -9.6% 34.78%
2017 51.9% 18.9% 65.8% 39.13%
2016 -5.2% -9.2% 5.3% 73.91%
2015 -2.2% -34.4% 4.1% 39.13%
2014 6.9% -14.8% 22.3% 10.87%

NAV & Total Return History

FHKCX - Holdings

Concentration Analysis

FHKCX Category Low Category High FHKCX % Rank
Net Assets 1.29 B 12.7 M 1.29 B 2.17%
Number of Holdings 103 34 103 2.17%
Net Assets in Top 10 557 M 5.5 M 557 M 2.17%
Weighting of Top 10 45.07% 33.3% 68.2% 76.09%

Top 10 Holdings

  1. Tencent Holdings Ltd 11.54%

  2. Alibaba Group Holding Ltd ADR 10.05%

  3. AIA Group Ltd 4.79%

  4. Taiwan Semiconductor Manufacturing Co Ltd 4.70%

  5. China Construction Bank Corp Class H 3.88%

  6. Industrial And Commercial Bank Of China Ltd Class H 2.64%

  7. China Unicom (Hong Kong) Ltd 2.16%

  8. Ping An Insurance (Group) Co. of China Ltd Class H 1.92%

  9. New Oriental Education & Technology Group Inc ADR 1.77%

  10. CK Hutchison Holdings Ltd 1.62%


Asset Allocation

Weighting Return Low Return High FHKCX % Rank
Stocks
98.27% 86.05% 101.47% 52.17%
Cash
1.32% -1.47% 13.72% 39.13%
Bonds
0.40% -0.31% 0.40% 2.17%
Preferred Stocks
0.00% 0.00% 0.00% 13.04%
Other
0.00% -0.04% 13.95% 15.22%
Convertible Bonds
0.00% 0.00% 0.00% 13.04%

Stock Sector Breakdown

Weighting Return Low Return High FHKCX % Rank
Technology
29.35% 8.58% 29.35% 2.17%
Financial Services
18.66% 0.00% 47.23% 76.09%
Consumer Cyclical
16.95% 3.79% 33.44% 45.65%
Industrials
6.48% 0.00% 15.70% 47.83%
Consumer Defense
6.04% 0.00% 16.51% 63.04%
Real Estate
5.73% 0.00% 13.48% 52.17%
Basic Materials
4.97% 0.00% 15.70% 19.57%
Healthcare
3.36% 0.56% 10.23% 69.57%
Energy
2.67% 0.00% 18.56% 56.52%
Communication Services
2.44% 0.00% 6.00% 56.52%
Utilities
1.62% 0.00% 5.63% 34.78%

Stock Geographic Breakdown

Weighting Return Low Return High FHKCX % Rank
Non US
96.48% 85.82% 101.47% 60.87%
US
1.79% -0.23% 2.78% 15.22%

FHKCX - Expenses

Operational Fees

FHKCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.96% 0.91% 3.81% 95.65%
Management Fee 0.69% 0.66% 1.36% 6.52%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.05% 0.26% N/A

Sales Fees

FHKCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

FHKCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 1.50% 0.05% 2.00% 75.00%

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

FHKCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 60.00% 6.00% 131.00% 67.39%

FHKCX - Distributions

Dividend Yield Analysis

FHKCX Category Low Category High FHKCX % Rank
Dividend Yield 0.01% 0.00% 0.02% 26.09%

Dividend Distribution Analysis

FHKCX Category Low Category High Category Mode
Dividend Distribution Frequency Annually Annually Semi-Annually Annually

Dividend Payout History


Net Income Ratio Analysis

FHKCX Category Low Category High FHKCX % Rank
Net Income Ratio 0.74% -1.14% 2.54% 34.78%

Capital Gain Distribution Analysis

FHKCX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

FHKCX - Managers

Stephen Lieu

Manager

Start Date

Tenure

Tenure Rank

Apr 03, 2018

1.07

1.1%

Since joining Fidelity Investments in 2013, Mr. Lieu has worked as a summer intern, research analyst, and portfolio manager.


Ivan Xie

Manager

Start Date

Tenure

Tenure Rank

Apr 03, 2018

1.07

1.1%

Since joining Fidelity Investments in 2010, Mr. Xie has worked as a research analyst and portfolio manager.


Tenure Analysis

Category Low

0.0

Category High

25.23

Category Average

6.38

Category Mode

10.33