Held from 120p and will do for years to come probably. Well run with a small yield. China's will motor again at some point. Good way to diversify your exposure if no holdings of Chinese stocks. |
Taken a small position at 190. Anyone got any long term views on this? |
Fears over N Korea and China creating an opportunity possibly, c.190p |
Nice to see the chairman purchasing £44k for his SIPP. |
Nice bump up today anyone with a reason why |
Anyone get into this when the new fund manager got appointed?
Anyone hold JPM Chinese IT? |
Interesting level here - at res on the LT chart |
the most positive country for the UK to trade with
is India, hence JCB's boss comments to survive a brexit
china needs a massive internal spending spree to get economy going
a growing rich middle class is not enough
after steel, UK being flooded with other goods
ie many container loads of tyres @ 20 quid ea |
Read Edison's note on FIDELITY CHINA SPECIAL SITUATIONS, out this morning, by visiting hxxps://www.research-tree.com/company/GB00B62Z3C74
"Fidelity China Special Situations (FCSS) is a specialist actively managed fund investing in Chinese equities. The manager focuses on sectors set to benefit from changing consumption trends and the rising middle class where long-term growth is expected to exceed GDP growth. Against a background of market decline and high volatility, FCSS has continued to outperform with NAV total returns ahead of the benchmark MSCI China Index as well as open and closed-ended peers over one, three and five years. The manager continues to find attractive investment opportunities and has recently increased gearing, reflecting a more positive outlook...." |
 24/7 Bridgewater "greater risks in china"
exporters to china say a recovery could take 2/3 yrs,
thats only a guess,
there is not just the vunerability to share prices
but the rapid growth of liabilities to chinese banks
30/7 FT big companies warned on china slowdown
,set to hit second half profits,
but the mothballing of factories has been going for on some time?
JLR seem to be taking big risks in their expansion plans
but JCB are on the ball,
news article printed evening of 10/8th
Jeremy batstone-carr, got spot on in timing
pressure is rising on china to de-value
so why the surprise in the US, where there still plugging
shares in luxury goods, edit 16/10 Burberry's 10% drop re-China trade
policymakers have to CONCEAL in convoluted technical terms
they want us to work longer for lower living standards,
via the blunt tool of currency depreciation/devaluation,
its not good marketing to tell people the penalty is your isa's/ pensions/ savings could have been trashed, by as much as 2%&5% in the days either side of manic Monday
31/8 The chinese rule to curb excessive lending, has been relaxed
removing a 75% loan to deposit ratio
all the problems in Greece just seem a distant memory
as the problems in china will be, but production is being re-directed
7/9 china daily, wages rising to rapidly over the yrs have put some
total manufacturing costs above even the US
24/9 JCB cutting 400 jobs, but Caterpillar cutting 10,000 jobs, which is
not going to help if $ gets stronger?
8/10 now the liabilities of foreign banks exposed, is china saving
itself at our expense? whilst keeping links to Russia/N.Korea
16/10 thousands of UK steel jobs to go, China dumping blamed
28/10 now a kick in the teeth from HMG to mggt etc more red tape
to export licenses/permits,
50bl thrown at HS2 the biggest white elephant of all time, yet we have flogged off our valuable Eurostar stake for 757ml, taking a 2.3bl loss
30 trade deals in last qtr alone between china/south Africa
can see the mining companies taken over for next to nothing
and why are we giving Zimbabwe a 100ml a yr in aid? remember what
they did to Turner & Newall mining company
12/1 three days of c/bank intervention to ease
company depreciation fears, in laymens terms a lot of hard work wiped out
in a wk,
4/2 china just months from burning through its currency reserves,
but gold buys will prove profitable
dyor/nai |
Big 4 million shares dumped by some big holders this is in free fall now. I would not be surprised to see sub 100p |
nad share price rises today after chinese index fell sharply - beats me and I thought it would do better yesterday! |
Latest NAV 192.63 but over the last few days the share price is taking a hammering. |
chinese index rocketing today and it might just stir FCSS to edge higher or is that wishful thinking ! |
this has become a real "dog" of late as even eddged down as chinese indices head higher !May take off soon I guess but maybe the high fees charged by greedy managemnt referred to above affect the performance . |
there are only two in UK market I think - JMC is the other one . But I trade AGF in OZ using a CFD money to be made there . |
is there any better alternative to this in terms of charges and equal or better performance |
If it just tracks the index as some investment treusts do , the fees charged are outrageous and reqsomn for pedestrian performsnce as chinese market rockets ! can still make money holding it I guess ! |
"Management Fee of 1% of the NAV payable quarterly in arrears. Performance Fee of 15% of any outperformance more than 2% of the total return on the benchmark index; capped at 1% of average asset value of each month end"
Not far off hedge fund fees that |
Latest nav 199p. Discount got to close and shares go higher unless Dow and wider stock markets fall. Crazy ride though. |
hi little beaker
i have been watching this one for a while and its beating indian funds what do you mean by "Fidelity's cut is too high." many thanks |
It's just tracking Chinese stock markets higher. I don't like the fund as I think Fidelity's cut is too high. |
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