Fidelity Funds - Latin America Fund A Dis USD

富達基金 - 拉丁美洲基金 A類 Dis 美元

LU0050427557

Risk Rating: Level 5

iFund risk rating methodology is a qualitative and quantitative assessment of a single fund’s geographic and asset class focus, investment style and any potential risk factors, as measured from one (1) (lowest risk) to six (6) (highest risk). For the funds with risk rating five (5) or six (6), these are mainly aimed at providing capital appreciation to investors by investing primarily in single market equities, single industry equities or derivatives etc. For more details, please refer to the Due Diligence section under the Procedures page.

Non-dealing Hours

Dealing Information

Secure Transaction

Derivatives knowledge not required

HKD4,000.00Min. Subscription

1.50%

HKD4,000.00Min. Subscription

AUD / CHF / HKD / JPY / EUR / GBP / CAD / USD / NZD

HKD4,000.00Min. Subscription

HKD4,000.00

HKD4,000.00

Daily

16:30

-

*Not include dividends (If applicable)

Fund Performances (including dividend, if any)

1 mth
-1.02%
3 mth
-1.02%
6 mth
+5.52%
1 yr
+7.66%
3 yr
+29.07%
5 yr
-0.53%

Analytical Figures (3 years)

Annualized Return
+8.88%
Annualized Volatility
+21.89%
Sharpe Ratio
+0.25

Fund Information

Fund Houses
FIL Investment Management (Hong Kong) Limited
Launch Date
1994-05-08
Fund Manager
Angel Ortiz
Manager Start Date
Angel Ortiz (Start Date: 2009-04-01)
Geographical Focus
Latin America
Asset Class/ Sector
Equity - All cap
Risk Rating
Risk Level 5

iFund risk rating methodology is a qualitative and quantitative assessment of a single fund’s geographic and asset class focus, investment style and any potential risk factors, as measured from one (1) (lowest risk) to six (6) (highest risk). For the funds with risk rating five (5) or six (6), these are mainly aimed at providing capital appreciation to investors by investing primarily in single market equities, single industry equities or derivatives etc. For more details, please refer to the Due Diligence section under the Procedures page.

Fund AUM(As of 2019-10-30)
USD 966,988,568.038
Management Fee
1.50%
Latest Dividend
USD 0.369000 (2019-07-31)

Sector Leaders

    No Funds

Dealing Information

Secure Transaction

Derivatives knowledge not required

HKD4,000.00Min. Subscription

1.50%

HKD4,000.00Min. Subscription

AUD / CHF / HKD / JPY / EUR / GBP / CAD / USD / NZD

HKD4,000.00Min. Subscription

HKD4,000.00

HKD4,000.00

Daily

16:30

-

Dividend Records

Dividend DateDividend Records (USD)
2019-07-310.369000
2018-07-310.226900
2017-07-310.132100
2016-07-310.420397
2015-08-020.172700
2014-07-310.066500
2013-07-310.250400
2012-07-310.547500
2011-07-310.106700
2010-08-010.231100
2009-08-020.268500
2008-07-310.065800
2007-07-310.264100
2006-07-310.335100
2005-07-310.141500
2004-08-010.103900
2003-07-310.054400
2002-07-310.109500
2001-07-310.053400
1999-08-010.117300
1998-08-020.054600
1996-07-310.045900

Investment Objective

The fund is an Equity fund and aims to provide long-term capital growth with the level of income expected to be low.
At least 70% of the fund's net asset value (and normally 75%) will be invested in securities of Latin American issuers

Nature and Extent of Risks

Investment involves risks. Please refer to the Hong Kong Prospectus for details including the risk factors.
1.Investment Risk
The fund is an investment fund. The fund’s investment portfolio may fall in value and therefore your investment in the fund may suffer losses. There is no assurance that the strategy employed by the fund will be successful and therefore the investment objectives of the fund may not be achieved.
2.Equities
The value of stocks may fluctuate, sometimes dramatically, in response to the activities and results of individual companies or because of general market and economic conditions or other events.
3.Country Concentration
The fund’s investments are concentrated in Latin America and will have greater exposure to market, political, legal, economic and social risks of Latin America than a fund which diversifies country risk across a number of countries, and the value of the fund may be more volatile than a fund which diversifies across a larger number of investments.
4.Foreign Currency Risk
The fund’s total return and balance sheet can be significantly affected by foreign exchange rate movements where the fund’s assets and income are denominated in currencies other than the base currency of the fund. Also, a class of shares may be designated in a currency other than the base currency of the fund. This means that currency movements and changes in exchange rate controls may significantly affect the value of the fund’s share price.
5.Emerging Markets
This fund invests in emerging market securities (in particular securities in Latin America) and the price of these securities may be more volatile than those of securities in more developed markets.
This volatility may stem from political and economic factors and be exacerbated by legal, trading liquidity, settlement, transfer of securities and currency factors.
Although care is taken to understand and manage these risks, the fund and accordingly the shareholders in the fund will ultimately bear the risks associated with investing in these markets.
6.Financial Derivative Instruments
Although the fund will not make extensive use of financial derivative instruments for investment purposes or use complex derivative instruments or strategies to meet the investment objectives of the fund, the use of financial derivative instruments may give rise to leverage, liquidity, counterparty and valuations risks at times. In adverse situations, the fund’s use of derivative instruments may become ineffective and the fund may suffer significant losses.

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Hotline

852
3896 3896

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North Point, Hong Kong

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