Fidelity China Special Situations Hardman&Co-If you like China, why invest via FCSS?
23 Marzo 2023 - 1:45PM
RNS Non-Regulatory
TIDMFCSS
Fidelity China Special Situations
23 March 2023
Hardman & Co Research on Fidelity China Special Situations
Plc (FCSS): If you like China, why invest via FCSS?
Our recent notes explored why investor concerns over the whole
Chinese market appeared overdone. With the recent rise in these
markets, it appears that these disquiets have moderated.
Accordingly, in this note, we consider why investors, having
decided that they like China, would choose FCSS as their investment
vehicle. We note that i) it has delivered superior returns, ii)
Fidelity's processes and infrastructure are the drivers to this
outperformance, iii) it is a large, liquid closed-ended vehicle,
offering whole market exposure, iv) it has falling, variable and
relatively low fees, and v) it has delivered rising dividends over
a decade. We have increased our FY'23-24 NAV estimates by ca.20p to
reflect the recent strong performance.
Please click on the link below for the full report:
https://hardmanandco.com/research/corporate-research/if-you-like-china-why-invest-via-fcss/
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your interest here .
To contact us: Contact:
Hardman & Co Mark Thomas mt@hardmanandco.com
1 Frederick's Place
London +44 (0)203 693 7075
EC2R 8AE
www.hardmanandco.com
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About Hardman & Co: Hardman Research Ltd, trading as Hardman
& Co, is an appointed representative of Capital Markets
Strategy Ltd and is authorised and regulated by the Financial
Conduct Authority; our FCA registration number is 600843. Hardman
Research Ltd is registered at Companies House with number 8256259.
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March 23, 2023 08:45 ET (12:45 GMT)
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