Investment Trusts
Fidelity China Special Situations is an investment trust focused on Chinese companies, including businesses listed in China, Hong Kong and overseas. It invests across large, medium and smaller companies and may also hold unlisted investments.
Active investment in Chinese equities across consumer, technology, industrial, healthcare and other sectors, using fundamental research and selective gearing.
Mainland China and Hong Kong, with exposure to Chinese businesses listed both domestically and on overseas exchanges.
Chinese economic growth, consumer spending, policy support, stock selection, technology innovation, corporate reform, valuations and changes in international investor sentiment toward China.
Chinese economic weakness, government intervention, geopolitical tensions, trade restrictions, regulatory changes, currency movements, stock-specific risk and a persistent trust discount.
9 June 2026: annual results reported a 10.7% NAV total return and 9.5% share-price return for the year to March, versus 1.6% for the MSCI China Index. The final dividend was increased 12.5% to 9.0p.
Pays one annual dividend, with income secondary to capital growth. The FY2026 final ordinary dividend was 9.0p, ex-dividend on 18 June 2026 and paid on 28 July.
The complete 350 Trade Book — 350 leading UK-listed companies, presented in one consistent working reference.