Fidelity Asian Values PLC (LON:FAS) has announced its half-yearly results for the six months ended 31 January 2024.
Financial Highlights
- During the six months ended 31 January 2024, Fidelity Asian Values PLC reported a Net Asset Value (NAV) total return of -2.4% and an Ordinary Share Price total return of -2.5%.
- The Comparative Index, the MSCI All Countries ex Japan Small Cap Index, returned +3.6%.
- The Portfolio Managers remain focused on investing in good business, run by good management teams, available at a suitable margin of safety.
PORTFOLIO MANAGERS’ HALF-YEARLY REVIEW
PERFORMANCE REVIEW
Over the six month period ended 31 January 2024, the net asset value (“NAV”) total return of Fidelity Asian Values PLC was -2.4%, underperforming the Comparative Index, the MSCI All Countries Asia ex Japan Small Cap Index (net) total return (in sterling terms), which was +3.6%. Over the same period, the Company’s share price total return was
