Fidelity Advisor China Region Fund Class A (FHKAX)
Fidelity Advisor China Region Fund Class A operates in the Asset Management industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $71.28, down 0.79% on the session, giving a market capitalisation of $2.88B. Its beta of 0.97 implies it has historically moved less than the broad market.
This fund's main objective is to achieve significant capital growth over the long term. Its investment strategy typically dedicates at least 80% of its assets to securities from companies based in Hong Kong, Taiwan, and mainland China, or to other holdings with a strong economic connection to the broader China region. The portfolio primarily consists of common equities, and capital is diversified across various nations within the greater China area. While generally avoiding excessive concentration, the fund permits up to 35% of its total assets to be invested in a single industry, especially if that sector constitutes more than 20% of the combined Hong Kong, Taiwanese, and Chinese markets. Investment decisions are informed by thorough fundamental analysis, which involves scrutinizing factors like each issuer's financial health, its competitive standing within its sector, and prevailing economic and market conditions.
Fidelity Advisor China Region Fund Class A is most often compared with the following Financial Services names: