Fidelity Funds - China Focus Fund A-ACC-HKD/  LU0737861699  /

The fund will primarily focus on China through investment in securities of Chinese companies listed in China and Hong Kong, as well as securities in non-Chinese companies which have a significant portion of their activities in China. The fund may invest its net assets directly in China A and B shares. This fund aims to hold 100% direct exposure to China. The fund manager is willing to invest in small and mediumsized companies which have solid corporate fundamentals and sustainable earnings growth. In stocks in which a high level of confidence is held, the manager is willing to take large positions. The manager is benchmark aware, but overall stock weightings are driven solely by a bottom-up stock picking process.

The fund will primarily focus on China through investment in securities of Chinese companies listed in China and Hong Kong, as well as securities in non-Chinese companies which have a significant portion of their activities in China. The fund may invest its net assets directly in China A and B shares.