FASI
Actively managedInternational SharesFidelity Asia Active ETF
About this ETF
The Fund provides investors with the potential for long-term capital growth by investing in companies located in Asia, as well as companies located elsewhere that derive a significant proportion of their earnings from Asia (Asian Securities). Fidelity believes that markets are semi-efficient and share prices don’t always reflect inherent value. Through in-house, bottom-up company research, Fidelity aims to uncover the opportunities that it believes offer the greatest scope for outperformance.
Scout Score
An independent score calculated by ETF Scout across 6 real-data factors (cost, diversification, liquidity, fund strength, performance, income), ranked against other actively-managed funds in the same category. Tracking isn't scored, since active funds don't target an index.
Strengths
- Attractive yield — 7.53%, higher than 93% of active International Shares peers.
Weaknesses
- Higher fee — 1.15% p.a., more expensive than 73% of active International Shares funds.
- Small fund — $31M in assets, smaller than 71% of active International Shares funds, which can mean wider spreads.