Semi-Annual Report and Accounts - chartbook.fid-intl.com
Semi-Annual Report and Accounts - chartbook.fid-intl.com
Semi-Annual Report and Accounts - chartbook.fid-intl.com
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Fidelity<br />
Funds<br />
Asian High Yield Fund<br />
Schedule of Investments as at 31 October 2012<br />
Country Ccy Shares or Market % Net<br />
Code Nominal Value Assets<br />
USD<br />
Securities Admitted to or Dealt on an Official Stock Exchange<br />
Energy<br />
Pt Adaro Indonesia 7.625% 22/10/2019 Reg S ID USD 37,481,735 40,910,676 1.89<br />
BW Group 6.625% 28/06/2017 Reg S BM USD 32,029,392 34,131,321 1.58<br />
Berau Capital Resources 12.50% 08/07/2015 Reg S SG USD 19,490,502 20,655,060 0.95<br />
Pertamina Persero 6.00% 03/05/2042 Reg S ID USD 10,494,886 11,951,487 0.55<br />
Pertamina Persero 5.25% 23/05/2021 Reg S ID USD 10,444,056 11,669,665 0.54<br />
Reliance Holdings (USA) 6.25% 19/10/2040 Reg S US USD 6,946,615 8,166,788 0.38<br />
Pertamina Persero 6.50% 27/05/2041 Reg S ID USD 6,796,688 8,143,564 0.38<br />
Santos Finance 8.25% VRN 22/09/2070 EMTN AU EUR 5,597,272 7,626,100 0.35<br />
Reliance Holdings (USA) 5.40% 14/02/2022 Reg S US USD 3,890,251 4,330,653 0.20<br />
Paladin Energy 5.00% 11/03/2013 AU USD 1,199,416 1,202,414 0.06<br />
CNPC Golden Autumn 2.55% 26/10/2013 Reg S VG CNY 2,253,988 359,226 0.02<br />
Petronas Capital 7.875% 22/05/2022 Reg S MY USD 83,941 120,946 0.01<br />
Pertamina Persero 4.875% 03/05/2022 Reg S ID USD 85,962 93,807 0.00<br />
CNOOC Finance 2011 4.25% 26/01/2021 Reg S VG USD 73,682 81,106 0.00<br />
Petronas Capital 5.25% 12/08/2019 Reg S MY USD 61,401 73,476 0.00<br />
Korea National Oil 5.375% 30/07/2014 Reg S KR USD 49,121 52,557 0.00<br />
Ezra Holdings 4.00% 25/11/2014 SG USD 48,344 48,220 0.00<br />
CNPC Golden Autumn 2.95% 26/10/2014 Reg S VG CNY 270,479 43,130 0.00<br />
PTT 3.375% 25/10/2022 Reg S TH USD 24,561 24,208 0.00<br />
PTTEP Canada Int’l Finance 5.692% 05/04/2021 Reg S CA USD 12,280 14,274 0.00<br />
CNOOC Finance 2012 5.00% 02/05/2042 Reg S VG USD 12,280 14,219 0.00<br />
149,712,897 6.92<br />
Utilities<br />
Perusahaan Listrik Negar 5.50% 22/11/2021 Reg S ID USD 22,988,797 25,984,720 1.20<br />
Star Energy Geothermal 11.50% 12/02/2015 Reg S VG USD 19,990,259 21,670,690 1.00<br />
Majapahit Holding 7.75% 17/10/2016 Reg S NL USD 16,268,706 19,449,579 0.90<br />
Majapahit Holding 7.25% 28/06/2017 Reg S NL USD 13,042,789 15,612,760 0.72<br />
Cheung Kong Infrastructure Holdings 7.00% (Perpetual) BM USD 10,207,313 10,590,598 0.49<br />
Bhira Investments 8.50% VRN 27/04/2071 MU USD 7,596,298 7,767,215 0.36<br />
Perusahaan Listrik Negar 5.25% 24/10/2042 Reg S ID USD 7,496,347 7,692,815 0.36<br />
Majapahit Holding 7.875% 29/06/2037 Reg S NL USD 3,998,052 5,493,573 0.25<br />
NTPC 4.75% 03/10/2022 EMTN IN USD 4,997,565 5,140,582 0.24<br />
Korea Hydro & Nuclear Power 3.00% 19/09/2022 Reg S KR USD 4,059,453 4,071,349 0.19<br />
Beijing Enterprises Water Group 3.75% 30/06/2014 BM CNY 1,764,794 282,706 0.01<br />
China Guangdong Nuclear 3.75% 01/11/2015 Reg S CN CNY 1,552,919 250,072 0.01<br />
HKCG Finance 1.40% 11/04/2016 EMTN HK CNY 901,595 135,505 0.01<br />
China Resources Power Holdings 3.75% 12/11/2015 HK CNY 586,037 93,961 0.00<br />
Korea Gas 2.25% 25/07/2017 Reg S KR USD 92,957 93,498 0.00<br />
China Resources Power Holdings 2.90% 12/11/2013 HK CNY 450,798 72,000 0.00<br />
Korea Hydro & Nuclear Power 6.25% 17/06/2014 Reg S KR USD 59,381 64,029 0.00<br />
Korea Hydro & Nuclear Power 6.25% 17/06/2014 144A KR USD 42,981 46,376 0.00<br />
Korea Hydro & Nuclear Power 4.75% 13/07/2021 Reg S KR USD 24,561 28,129 0.00<br />
Mega Advance Investments 5.00% 12/05/2021 Reg S VG USD 24,561 27,514 0.00<br />
NTPC 5.625% 14/07/2021 EMTN IN USD 24,561 26,763 0.00<br />
Beijing Enterprises Water Group 5.00% 30/06/2016 BM CNY 90,160 14,696 0.00<br />
124,609,130 5.76<br />
Materials<br />
China Oriental Group Co 8.00% 18/08/2015 Reg S BM USD 30,884,949 29,688,158 1.37<br />
Vedanta Resources 9.50% 18/07/2018 Reg S GB USD 19,010,736 20,697,939 0.96<br />
Mongolian Mining 8.875% 29/03/2017 Reg S KY USD 19,690,405 20,228,199 0.93<br />
China Shanshui Cement Group 8.50% 25/05/2016 Reg S KY USD 19,290,600 19,909,905 0.92<br />
West China Cement 7.50% 25/01/2016 Reg S GB USD 16,491,963 14,874,374 0.69<br />
Hidili Industry Int’l Dev. 8.625% 04/11/2015 Reg S KY USD 18,191,135 13,772,963 0.64<br />
Fosun International 7.50% 12/05/2016 Reg S HK USD 9,995,129 10,130,478 0.47<br />
China Lumena New Materia 12.00% 27/10/2014 Reg S KY USD 8,995,616 9,515,113 0.44<br />
Winsway Coking Coal Holding 8.50% 08/04/2016 Reg S VG USD 11,544,374 9,273,983 0.43<br />
PTT Global Chemical 4.25% 19/09/2022 Reg S TH USD 8,257,407 8,513,800 0.39<br />
Vedanta Resources 6.75% 07/06/2016 Reg S GB USD 8,245,982 8,445,774 0.39<br />
Vedanta Resources 8.75% 15/01/2014 Reg S GB USD 7,696,250 8,106,075 0.37<br />
Fufeng Group 7.625% 13/04/2016 Reg S KY USD 7,996,103 7,833,183 0.36<br />
China Forestry Holdings 10.25% 17/11/2015 Reg S KY USD 13,176,579 7,457,944 0.34<br />
China Resources Cement 2.125% 05/10/2017 KY USD 7,557,748 7,440,169 0.34<br />
Fufeng Group 4.50% 01/04/2015 KY CNY 26,986,849 4,263,122 0.20<br />
China Shanshui Cement Group 10.50% 27/04/2017 Reg S KY USD 3,498,295 3,815,328 0.18<br />
China Shanshui Cement Group 6.50% 22/07/2014 KY CNY 16,991,720 2,711,578 0.13<br />
Hidili Industry Int’l Development 1.50% 19/01/2015 KY CNY 7,496,347 1,213,616 0.06<br />
Baosteel Group 4.15% 01/03/2017 Reg S CN CNY 979,318 160,111 0.01<br />
Baosteel Group 3.125% 01/12/2013 CN CNY 450,798 72,277 0.00<br />
Sinochem Overseas Capital 6.30% 12/11/2040 Reg S VG USD 12,280 14,632 0.00<br />
208,138,721 9.62<br />
Industrials<br />
China Resources Power 7.25% VRN (Perpetual) HK USD 37,581,686 39,282,257 1.82<br />
Hutchison Whampoa Int’l 10 6.00% VRN (Perpetual) Reg S KY USD 20,867,282 21,858,477 1.01<br />
China Liansu Group Holdings 7.875% 13/05/2016 Reg S KY USD 20,989,772 21,450,497 0.99<br />
China Automation Group 7.75% 20/04/2016 KY USD 18,990,746 16,664,379 0.77<br />
RKI Finance 2010 9.50% 21/09/2015 EMTN VG USD 13,993,181 14,713,249 0.68<br />
CITIC Pacific Limited 6.875% 21/01/2018 EMTN HK USD 11,894,204 12,634,469 0.58<br />
210<br />
Country Ccy Shares or Market % Net<br />
Code Nominal Value Assets<br />
USD<br />
CITIC Pacific Limited 6.625% 15/04/2021 EMTN HK USD 11,994,155 12,342,483 0.57<br />
SM Investments 4.25% 17/10/2019 PH USD 9,801,757 9,943,676 0.46<br />
Road King Infrast (2011) 6.00% 25/02/2014 Reg S VG CNY 24,987,823 3,995,380 0.18<br />
Rosy Unicorn 6.50% 09/02/2017 BM USD 3,307,409 3,679,550 0.17<br />
Brunswick Rail Finance 6.50% 01/11/2017 Reg S IE USD 3,598,247 3,655,594 0.17<br />
BLT Finance 7.50% 15/05/2014 Reg S (Defaulted) NL USD 15,192,597 2,740,365 0.13<br />
Lonking Holdings 8.50% 03/06/2016 Reg S KY USD 399,805 397,306 0.02<br />
Alstom 4.25% 09/03/2015 EMTN FR CNY 1,430,116 232,678 0.01<br />
Noble Group 8.50% 30/05/2013 Reg S BM USD 105,704 109,606 0.01<br />
Hutchison Whampoa Int’l 09/19 5.75% 11/09/2019 Reg S KY USD 61,401 73,016 0.00<br />
Mitsui & Co 4.25% 01/03/2017 EMTN JP CNY 360,638 58,522 0.00<br />
Korea Expressway 4.50% 23/03/2015 Reg S KR USD 36,841 39,428 0.00<br />
Hutchison Whampoa Int’l 03/13 6.50% 13/02/2013 Reg S KY USD 36,064 36,592 0.00<br />
Hutchison Whampoa Int’l 03/33 7.45% 24/11/2033 Reg S KY USD 24,561 36,418 0.00<br />
Hutchison Whampoa Int’l 09/16 4.625% 11/09/2015 Reg S KY USD 30,701 33,421 0.00<br />
Kowloon-Canton Railway 5.125% 20/05/2019 Reg S HK USD 12,280 14,422 0.00<br />
ST Engeneering Financial 1 4.80% 16/07/2019 EMTN SG USD 12,280 14,196 0.00<br />
Noble Group 6.75% 29/01/2020 Reg S BM USD 12,280 13,310 0.00<br />
164,019,291 7.58<br />
Information Technology<br />
STATS ChipPAC 7.50% 12/08/2015 Reg S SG USD 32,384,219 34,508,073 1.59<br />
STATS ChipPAC 5.375% 31/03/2016 Reg S SG USD 11,806,533 12,148,922 0.56<br />
Magnachip <strong>Semi</strong>conductor 10.50% 15/04/2018 LU USD 3,998,052 4,507,803 0.21<br />
eAccess 8.25% 01/04/2018 Reg S JP USD 2,998,539 3,386,974 0.16<br />
eAccess 8.375% 01/04/2018 Reg S JP EUR 1,699,172 2,489,903 0.12<br />
57,041,675 2.64<br />
Consumer Discretionary<br />
Melco Crown Entertainment 3.75% 09/05/2013 KY CNY 92,954,702 14,857,601 0.69<br />
Texhong Textile Group 7.625% 19/01/2016 Reg S KY USD 11,494,399 11,450,818 0.53<br />
Hyva Global 8.625% 24/03/2016 Reg S NL USD 5,997,078 5,627,256 0.26<br />
LS Finance 2022 4.25% 16/10/2022 VG USD 5,081,506 5,070,441 0.23<br />
Hengdeli Holdings 2.50% 20/10/2015 KY HKD 38,981,004 5,042,336 0.23<br />
Aerospace Satellite 12.75% 16/11/2015 Reg S NL USD 1,779,133 1,962,050 0.09<br />
REXLot Holdings 6.00% 28/09/2016 Reg S BM HKD 13,393,473 1,883,710 0.09<br />
Volkswagen Int’l Finance 2.15% 23/05/2016 EMTN NL CNY 811,436 127,255 0.01<br />
Lotte Shopping Business Management 4.00% 09/02/2015 HK CNY 631,117 101,986 0.00<br />
BSH 2.90% 26/01/2015 Reg S DE CNY 450,798 72,088 0.00<br />
BSH 3.80% 24/07/2017 Reg S DE CNY 225,399 36,152 0.00<br />
BMW Australia Finance 2.00% 07/12/2012 EMTN AU CNY 45,080 7,205 0.00<br />
46,238,898 2.14<br />
Consumer Staples<br />
FPC Finance 6.00% 28/06/2019 VG USD 13,802,294 15,231,984 0.70<br />
CFG Investment 9.75% 30/07/2019 Reg S PE USD 8,196,006 7,198,823 0.33<br />
China Green Holdings 3.00% 12/04/2013 BM CNY 56,972,237 5,658,436 0.26<br />
San Miguel 2.00% 05/05/2014 PH USD 49,121 50,533 0.00<br />
Tesco 1.75% 01/09/2014 GB CNY 180,319 28,123 0.00<br />
28,167,899 1.30<br />
Tele<strong>com</strong>munication Services<br />
Indosat Palapa Co 7.375% 29/07/2020 Reg S NL USD 29,685,534 33,830,377 1.56<br />
Axiata 3.75% 18/09/2014 EMTN MY CNY 46,846,559 7,506,781 0.35<br />
Bakrie Tele<strong>com</strong> 11.50% 07/05/2015 Reg S SG USD 12,194,058 5,724,092 0.26<br />
Axiata 5.375% 28/04/2020 MY USD 12,280 13,979 0.00<br />
PCCW-HKT Capital No 4 4.25% 24/02/2016 VG USD 12,280 13,074 0.00<br />
47,088,303 2.18<br />
Financials<br />
Woori Bank 6.208% VRN 02/05/2037 Reg S KR USD 44,478,325 47,119,226 2.18<br />
Mizuho Capital Investment 14.95% VRN (Perpetual) Reg S KY USD 31,045,526 37,554,733 1.74<br />
ICICI Bank 6.375% VRN 30/04/2022 Reg S IN USD 27,486,606 27,959,032 1.29<br />
GT 2005 Bonds 8.00% 21/07/2014 NL USD 27,335,679 27,496,276 1.27<br />
SMFG Preferred Capital 2 8.75% (Perpetual) Reg S KY USD 25,358,096 26,428,943 1.22<br />
State Bank of India 6.439% VRN (Perpetual) EMTN IN USD 24,288,164 23,438,078 1.08<br />
Shimao Property Holdings 9.65% 03/08/2017 Reg S KY USD 19,790,356 21,248,658 0.98<br />
Sigma Capital 9.00% 30/04/2015 SG USD 18,967,757 20,182,879 0.93<br />
Longfor Properties 6.875% 18/10/2019 EMTN KY USD 19,790,356 20,055,151 0.93<br />
Franshion Development 6.75% 15/04/2021 Reg S VG USD 17,691,379 18,578,159 0.86<br />
CITIC Resources Finance 2007 6.75% 15/05/2014 Reg S VG USD 17,341,549 18,210,075 0.84<br />
Pacnet 9.25% 09/11/2015 Reg S BM USD 17,991,233 18,103,678 0.84<br />
Indo Integrated Energy II 9.75% 05/11/2016 Reg S NL USD 16,192,109 17,756,672 0.82<br />
BDO Unibank 4.50% 16/02/2017 PH USD 16,392,012 17,187,705 0.79<br />
Evergr<strong>and</strong>e Real Estate Group 13.00% 27/01/2015 Reg S KY USD 16,392,012 17,006,032 0.79<br />
Agile Property Holdings 8.875% 28/04/2017 Reg S KY USD 15,892,256 16,676,268 0.77<br />
KWG Property Holding 12.50% 18/08/2017 Reg S KY USD 14,892,743 16,475,097 0.76<br />
ICICI Bank 7.25% VRN (Perpetual) Reg S IN USD 16,092,158 15,760,257 0.73<br />
Shanghai Industrial Urban Dev. 9.75% 23/07/2014 Reg S BM USD 13,993,181 15,042,670 0.70<br />
T & D Bank of Mongolia 8.50% 20/09/2015 EMTN MN USD 14,992,694 14,895,864 0.69<br />
Indo Energy Finance 7.00% 07/05/2018 Reg S NL USD 14,158,101 14,773,978 0.68<br />
Yanlord L<strong>and</strong> Group 10.625% 29/03/2018 Reg S SG USD 13,793,278 14,758,235 0.68<br />
*Security with price determined by the Directors.<br />
The ac<strong>com</strong>panying notes to the financial statements form an integral part of these financial statements. The percentage of net assets in the schedule of investments <strong>and</strong> in the geographical split is subject to rounding.
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