On Jan. 28, 2020, Fidelity announced comanager Stephen Lieu will depart Fidelity China Region on or around Aug. 1, 2021. His departure does not affect the strategy’s Average People rating or Morningstar Analyst Rating of Neutral. Lieu will stay at the firm as a comanager on Fidelity Pacific Basin FPBFX, which he joined on Feb. 1, 2021. Ivan Xie, who has comanaged here since June 2018, remains on the strategy.
Fidelity Advisor® China Region A FHKAX
NAV / 1-Day Return
60.52
/
1.42
%
Total Assets
2.3 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
1.240%
Expense Ratio
1.240%
Fee Level
Low
Longest Manager Tenure
2.91
years
Category
China Region
Investment Style
Large BlendMin. Initial Investment
0
Status
Open
TTM Yield
0.70%
Turnover
60%
Premium
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will FHKAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FHKAX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the FHKAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of FHKAX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Fidelity China Region’s Manager Changes Do Not Affect Ratings
