Fidelity Funds - Asian Bond Fund A-HMDIST(G)-AUD (hedged)
Fund
ISIN LU1371569549 / Valor 31840769
NAV (2025-04-17)
AUD 7.68+0.03%
Fidelity Funds - Asian Bond Fund A-HMDIST(G)-AUD (hedged)
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General Objective
The fund aims to achieve capital growth over time and provide income for investors by predominantly investing in US Dollar denominated investment grade corporate bonds of Asian domiciled issuers. It seeks to deliver attractive income, low volatility, and diversification from equity.
Fund Exposure
The fund is exposed to investment grade debt securities of issuers that do most of their business in the Asian region, including emerging markets. It may also invest in money market instruments on an ancillary basis. The fund's exposure to hybrids, contingent convertible bonds, and other subordinated financial debt is limited, with an emphasis on bottom-up issuer selection and ensuring adequate diversity.
Risks
The fund is classified as a medium risk product with a risk indicator of 3 out of 7. This indicates a medium level of potential losses from future performance, with poor market conditions potentially impacting the capacity to pay investors. Risks associated with the fund include currency fluctuations, the possibility of losing some or all of the investment, and exposure to emerging markets and financial derivative instruments.