Interactive Investor

ii Super 60 investments:Fidelity Asia fund

Asset GroupAsset Sub-GroupInvestment Category
EquitiesAsian equitiesCore

Teera Chanpongsang has managed this fund since the beginning of 2014. He is an experienced investor who has been with Fidelity since 1994. His background includes managing Asian country funds as well as the Emerging Asia fund and he remains supported by one of the largest analyst teams in the region.

The manager seeks to identify companies where the market has not fully appreciated the earnings growth potential. He is a long-term investor and likes to invest in well-managed industry leaders that are well positioned to benefit from changes in industry dynamics and that trade on attractive valuations. He also aims to identify companies that trade below their intrinsic value and that can benefit from improving fundamentals, growth potential that is not fully understood by the market, turnaround opportunities or a cyclical turning point being reached in certain industries. 

The manager’s benchmark aware approach has helped the fund achieve a measure of consistency in its return profile. The fund also tends to have a quality bias which can aid performance during periods of market weakness.

Opinion
The fund benefits from an experienced manager who is supported by a well-resourced team. The consistency and discipline of the investment approach has helped the fund achieve strong risk-adjusted returns over the manager’s tenure.

October 2022

Risk warnings

Past performance of the underlying constituents is not a guarantee of future performance. The value of investments, and any income from them, can fall as well as rise so you could get back less than you invest. 

Annual performance can be found on the factsheet of each fund, trust or ETF. Simply click on the asset’s name and then the performance tab. 

The information we provide in the ii Super 60 investments list is an opinion provided by ii or one of its partners on whether to buy a specific investment. Please note that none of the opinions we provide are a “personal recommendation”, which means that we have not assessed your investing knowledge and experience, your financial situation or your investment objectives. Therefore you should ensure that any investment decisions you make are suitable for your personal circumstances.

If you are unsure about the suitability of a particular investment or think that you need a personal recommendation, you should speak to a suitably qualified financial advisor. 

Any changes to the ii Super 60 investments list and the rationale behind those decisions will be communicated through the Quarterly Investment Outlook.

Details of all recommendations issued by ii during the previous 12 month period can be found here.

ii adheres to a strict code of conduct. Members of ii staff may hold shares in companies mentioned in the ii Super 60 investments list, which could create a conflict of interest. Any member of staff intending to complete some research about any financial instrument in which they have an interest are required to disclose such interest to ii. We will at all times consider whether such interest impairs the objectivity of the recommendation.

In addition, staff involved in the production of this ii Super 60 list are subject to a personal account dealing restriction. This prevents them from placing a transaction in the specified instrument(s) for five working days before and after an investment is included or amended and made public within the list. This is to avoid personal interests conflicting with the interests of the recipients of this ii Super 60 investments list.