Fidelity Asia reduces cash weightings

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Fidelity's South East Asia fund has reduced its cash weighting from 25.5% to 16% and marginally redu...

Fidelity's South East Asia fund has reduced its cash weighting from 25.5% to 16% and marginally reduced its Hong Kong weighting to 54.3 At the same time the group has slightly increased its holdings in other Asian countries. Taiwan now consists of 7.9% of the portfolio, Singapore has a 7.4% weighting, Malaysia has 4.5%, Thailand has 4.2%, Korea is weighted at 2.3%. Exposure to Australia has been reduced to 1.2 The weightings, which are as of the end of September, highlight the changes in the fund since the snapshot three months previous In July there was a 25.5% cash weighting, 56.5% in ...

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