Fidelity China Special Situations PLC
Fidelity's new China Special Situations Fund is now open for business, and you can be a part of it through TQ Invest.
The fund's launch marked the return of Anthony Bolton, who is widely regarded as the UK's most successful fund manager, having been in charge of another of Fidelity's funds, Special Situations, from 1979 through to 2007.
The Initial Public Offer raised a total amount of £460 million making it the largest China equity fund listed in London*.
The fund, an investment trust, offers what appears to be a good investment opportunity, marrying China's growing reputation as an economic power with Anthony Bolton's considerable expertise. Click here for the views of our Investments Committee.
The fund is now trading again after the Initial Purchase offer. You can use it as part of your tax free ISA allowance and get a discount of 3% off the initial charge. If you wish to invest out side of an ISA, the charge is just 0.5% for the Share Plan
If you are interested in investing in the Fidelity China Special Situations PLC, here is how you can be part of it:
- Download the Prospectus and Brochure
- Fill in the ISA form, or Share Plan application for investments outside of an ISA
- Send your completed forms to TQ Invest, St Mark's, Wolverhampton. WV3 0TZ
Please feel free to call us on 0800 294 7153 if you have any questions, or would like us to take your application over the phone.
Before investing please ensure you have read our client agreement and transaction instruction, and return them along with your completed forms.
TQ Invest Transaction Instruction
*Source; Fidelity. Before you invest, please make sure you have read the Prospectus and understand the nature of the fund's investment trust status and the risks involved with investing in China. TQ Invest can take no responsibility for the investment decisions you make. The value of your investments and any income from them can fall as well as rise and you may get back less than you invested.Investment trusts can borrow money on behalf of shareholders therefore increasing their risk. The price you pay is based on demand not just the value of the underlying asset, so the value of your Investment Trust shares do not just depend on the value of the shares in the companies it holds, but also on the demand for the Investment Trust itself.