Profile data is unavailable for this security.
About the company
Fidelity China Special Situations PLC is a United Kingdom-based investment company. The investment objective of the Company is to achieve long-term capital growth from an actively managed portfolio made up primarily of securities issued by companies in China, both listed and unlisted, as well as Chinese companies listed elsewhere. The Company may also invest in companies with significant interests in China. It also invests into other transferable securities, collective investment schemes, money market instruments, cash and deposits and is also able to use derivatives and bank borrowing for gearing purposes and efficient portfolio management. FIL Investment Services (UK) Limited (FISL) is the Company’s alternative investment fund manager and FIL Investment Management (Hong Kong) Limited is its investment manager. Its portfolio of investment is spread across various sectors, which include consumer discretionary, communication services, financials, industrials and healthcare, others.
- Revenue in GBP (TTM)-173.20m
- Net income in GBP-213.46m
- Incorporated2010
- Employees0.00
- LocationFidelity China Special Situations PLCBeech Gate, Millfield LaneTADWORTH KT20 6RPUnited KingdomGBR
- Phone+44 17 3236 1144Fax+44 173783689
- Websitehttps://www.fidelity.co.uk/investor/research-funds/investment-trusts/china-special-situations.page
Profile
| Management group(s) | FIL Investment Management (HK) Ltd |
|---|---|
| AIC sector | China / Greater China |
| ISIN | GB00B62Z3C74 |
| Launch date | 19 Apr 2010 |
| Share type | Ordinary Share |
| Structure | Investment Trust |
| Base currency | GBP |
Objective
The investment objective of the Company is to achieve long-term capital growth from an actively managed portfolio made up primarily of securities issued by companies listed in China and Chinese companies listed elsewhere. The Company may also invest in listed companies with significant interests in China.
Managed by
| Dale Nicholls |
|---|
Management & contract fees
The Board agreed a revised fee with the Manager, FIL Investment Services (UK) Limited, with effect from 1 July 2023. The revised fee will be 0.85% (reduced from 0.90%) on the first £1.5 billion of net assets. It will remain at 0.65% on net assets over £1.5 billion. The variable element of the fee of +/-0.20% remains unchanged
Mergers & acquisitions
| Acquired company | FCSS:LSE since announced | Transaction value |
|---|---|---|
| Abrdn China Investment Co Ltd | -3.07% | -- |
Peer analysis
| Company | Revenue (TTM) | Net income (TTM) |
|---|---|---|
| Ruffer Investment Company Ltd | 22.52m | 10.17m |
| JPMorgan Japanese Investment Trust PLC | 141.61m | 132.85m |
| Capital Gearing Trust plc | 62.29m | 54.92m |
| Impax Environmental Markets plc | 5.17m | -10.83m |
| Alpha Group International PLC | 119.31m | 96.06m |
| TR Property Investment Trust plc | 224.39m | 196.35m |
| BlackRock World Mining Trust Plc | 9.86m | -13.40m |
| Fidelity Special Values PLC | 236.95m | 223.31m |
| Ninety One PLC | 690.60m | 153.40m |
| AVI Global Trust PLC | 156.13m | 142.66m |
| Fidelity China Special Situations PLC | -173.20m | -213.46m |
| Vietnam Enterprise Investments Limited | 105.82m | 71.24m |
| Edinburgh Investment Trust PLC | 196.62m | 187.43m |
| Law Debenture Corporation plc | 201.31m | 140.61m |
| Herald Investment Trust plc | 204.97m | 190.88m |
| JPmorgan Emerging Markets Inv Trust PLC | 104.69m | 84.97m |
