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Fidelity Asian Values Half Yearly Results Announcement

Fidelity

Fidelity - Research team

Half-Yearly Results for the six months ended 31 January 2023 

Key Highlights 

  • The net asset value (“NAV”) of the Company increased by +10.3% for the six months ended 31 January 2023 outperforming the Comparative Index (MSCI All Countries Asia ex Japan Small Cap Index) which rose by +3.6% over the same timeframe. 
  • The ordinary share price return was +17.3%. 
  • The Company maintains net gearing of approximately 8% and reached the highest level under the Portfolio Manager’s tenure during the reporting period. 
  • The Portfolio Manager continues to find good small cap businesses at attractive valuations. 

Please access the results here.