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FAS Fidelity Asian Values Plc

516.00
2.00 (0.39%)
Last Updated: 10:16:14
Delayed by 15 minutes
Fidelity Asian Values Investors - FAS

Fidelity Asian Values Investors - FAS

Share Name Share Symbol Market Stock Type
Fidelity Asian Values Plc FAS London Ordinary Share
  Price Change Price Change % Share Price Last Trade
2.00 0.39% 516.00 10:16:14
Open Price Low Price High Price Close Price Previous Close
508.00 508.00 516.00 514.00
more quote information »
Industry Sector
EQUITY INVESTMENT INSTRUMENTS

Top Investor Posts

Top Posts
Posted at 19/11/2019 13:28 by davvero
@Ken..."FAS poor share price could be because of imminent expiry of the sub shares.".... Not convinced at all by that.. the share price down trend started on 1st August... This Bajaj Manager went head over hill in his change from large to small companies, throwing caution to the wind, a mistake one associates with investor beginners who know very little about markets... and he was full aware of the situation of small companies - or he should have een - as he also runs a small fund company, which now mirrors FAS hxxps://www.morningstar.co.uk/uk/funds/snapshot/snapshot.aspx?id=F00000NF9S..... so he knew very well what small companies in India (at least his choices of them) were not doing all that good
Posted at 09/11/2019 06:13 by cordwainer
Maybe one of us needs to try and check underlying investments to check whether performance of the smallest companies are dependent on flows in/out of this particular fund, e.g. liquidity issues ?? The recent benchmark change may have spooked a few less adventurous investors too.
Posted at 27/6/2017 02:59 by cordwainer
NAV has been underperforming and money market / cash has increased to 16.5%, apparently due to reducing India allocation.

I've just reduced my FAS holding by about one sixth.

On 16 June I supplemented my FAS with a relatively small stake in Aberdeen New India IT (ANII) which had a discount of nearly 10% which seems to be reducing, on the belief that FAS's caution there is a bit overdone.

India is certainly not cheap right now but the macro situation looks good for earnings to catch up within 2 years. I doubt a significant 'buying opportunity' will present itself with the implementation and impact of the new standardised Goods & Services Tax because the market is looking further ahead to its benefits.

In the meantime, interest in the equity market from India's retail investors is growing, with inflation having dropped to 2% and interest rate cuts likely, and bond yields sliding back towards pre-demonetisation levels.

Any fear of Trump trade restrictions to the Asia region have all but dissolved with his administration, and his agenda, mired in the tar pit of US politics.

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