Fidelity Funds - Asian High Yield Fund I-Acc-USD
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General Objective
The fund aims to achieve capital growth over time and provide a high level of income by primarily investing in high yield corporate bonds of Asian domiciled issuers, diversified across a number of countries and sectors.
Fund Exposure
The fund is exposed to high-yielding below investment grade debt securities of issuers in the Asian region, including emerging markets. It may also invest in money market instruments on an ancillary basis. The fund's exposure includes listed China onshore bonds, hybrids, contingent convertible bonds, other subordinated financial debt, and preference shares.
Risks
This fund is classified as a medium risk class (3 out of 7) due to potential losses from future performance at a medium level. It does not include protection from future market performance, so there is a risk of losing some or all of the investment. Additionally, the fund's exposure to emerging markets and use of financial derivative instruments for investment purposes can lead to larger than average price fluctuations and higher risk.