On Jan. 28, 2020, Fidelity announced comanager Stephen Lieu will depart Fidelity China Region on or around Aug. 1, 2021. His departure does not affect the strategy’s Average People rating or Morningstar Analyst Rating of Neutral. Lieu will stay at the firm as a comanager on Fidelity Pacific Basin FPBFX, which he joined on Feb. 1, 2021. Ivan Xie, who has comanaged here since June 2018, remains on the strategy.
Will FHKCX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FHKCX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the FHKCX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of FHKCX’s parent organization’s priorities and whether they’re in line with investors’ interests.