Fidelity Worldwide Investment is set to launch a new Fidelity Asia Pacific Opportunities fund on 24 September.
The Asia Pacific fund will be managed by Anthony Srom, who currently runs the Fidelity Asian Aggressive fund and will invest across emerging and developed markets.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
In addition, it will invest across all major Asia Pacific markets including Australia and New Zealand.
Following a high conviction investment approach, the fund will pick just 25 to 35 stocks from across the Asia Pacific region and aims to outperform the MSCI AC Asia Pacific ex Japan index.
The fund, which is a UK-domiciled OEIC, will have a minimum investment of £1,000 and an estimated ongoing charge of 1.06%.
Srom said: "With an increasingly wealthier consumer base, large-scale infrastructure development and rising levels of intra-regional trade, the Asia Pacific region offers investors the opportunity for strong long-term growth.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData"Although Asia Pacific Opportunities is a concentrated fund, that does not mean more risk, because the stocks we hold are managed by position size, correlation, and volatility," he added.
Ben Waterhouse, head of UK retail sales at Fidelity International, said: "This latest edition to the range provides UK investors access to an unconstrained high conviction option with flexibility to perform through the economic cycle."
