Fidelity's China Focus and India Focus funds

I've been sent a mailshot from Fidelity encouraging me to buy into these funds. They would appear to be an interesting prospect given the outlook for India and China as global economies (so long as one goes in understanding these are risky investments) Their tagline is "the biggest risk could be missing out" (where have I heard that before??) Just wondering whether anyone has any insight into these funds, versus similar funds elsewhere.

Thanks in anticipation.

Jeremy

Reply to
Jeremy
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Hrm, a fund denominated in USD with its biggest holding in the Chinese property market :/

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Reply to
Aztech

In message , Aztech writes

None of the links substantiate your assertions that the UK Fund is denominated in US$ or that the funds main holding is in Chinese property. Im not saying you are wrong, only that your links dont substantiate your view, have you any further evidence.?

Reply to
john boyle

Use Trustnet for comparisons . Investment Trusts are generally better value for money. I know Flemings used to have both Chinese & Indian funds. China is currently booming and there are concerns that it is out of control.

Because a lot of people only buy funds that have performed well, investment houses generally only market them at such times, rather than when they are better value for money, so be aware of that.

I feel that I should have some exposure to both India & China again so I'll have a look.

Daytona

Reply to
Daytona

That's interesting. If you go to

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and click on "Offshore" you will find the China Focus fund listed as both USdollar and GBP shares.. A few days ago the GBP shares did not exist.

Reply to
Terry Harper

Can't comment on the China funds as I've been avoiding them so far - could be a BIG mistake, I know.

I have seen the fidelity India fund documented in EUR, GBP and USD. It's one of three funds currently investing purely in India. The others are the JPMorgan Flemming India Investment Trust (not a fund, I know) and the HSBC Indian Equity Fund (which isn't open to UK residents / taxpayers directly).

I know a lot of other purely Indian funds are on the way - you just have to question how much faith you're willing to put into a new fund. The fidelity fund is only a few months old but is already doing well. The JPM and HSBC funds seem to have done marvellously.

This is all just my own opinions etc etc etc. Got to admit, I'm easing into them slowly - India and China could be the next US / EU, or the whole thing could be the new dotcom crash. The taglines scare me, too.

Hope this helps some.

Reply to
Jon

Before you dive into investment funds, consider whether you might be better off (for the Chinese market, obviously) buying the iShare FTSE/Xinhua 25 index tracker, quoted on the New York market (ticker: FXI).

Advantages: no initial fee; you can trade it minute-to-minute (investment funds typically trade on end-day prices); accurate tracking of the index; you're not at the mercy of the fund manager (most funds make a loss relative to the respective indices).

Disadvantages: US$-quoted share; gains strictly limited to underlying index.

Not sure whether there's an India iShare available: unfortunately, seems to have hit a roadblock. Don't remember one, and I don't see anything obvious on the lookup at .

Warning: the Xinhua index in particular is *very* high volatility, as is the Chinese market as a whole. Despite what should be very promising conditions, it took a fair hit recently, but now seems to be recovering again. Don't risk money you can't afford to lose on high-risk investments. (And all that blah.)

Jon

Reply to
Jon S Green

Hi Jon, do you know if iShares re-invest the dividends?

Cheers.

Reply to
Jon

Dividend ReInvestment Plans (DRIPs) can be arranged with your broker, but they're not part of the standard iShares offerings, I believe, certainly not the US-based ones.

Jon

Reply to
Jon S Green

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