Fidelity Asian Values Plc (LON:FAS) provides shareholders with a differentiated equity exposure to Asian Markets.
Asia is the world’s fastest-growing economic region and the trust looks to capitalise on this by finding good businesses, run by good people and buying them at a good price.
The investment objective of the Company is to achieve long-term capital growth principally from the stock markets of the Asian region excluding Japan.
The Company’s performance will be measured against the return of the MSCI AC Asia ex Japan Small Cap Index (net) total return (in Sterling terms).
Approach and style
Nitin Bajaj aims to generate outperformance mainly through stock selection within the Asia Pacific ex Japan universe.
He prefers investing in smaller companies because they tend to be less well researched, which leads to greater valuation anomalies. His fundamental analysis involves the evaluation of various factors including, but not limited to, stock valuation, financial strength, cash flows, company’s competitive advantages, business prospects and earnings potential. His style is tilted towards value and he has a two to three year investment horizon.
Nitin utilises Fidelity’s unrivalled locally based research resources in Asia to find these mispriced companies before his competitors.