Tim Orchard, Head of Equities, Asia ex Japan and Dhananjay Phadnis, Portfolio Manager
After a 27-year career with Fidelity, Allan Liu has decided to retire as portfolio manager of the SICAV Fidelity Funds - South East Asia Fund effective from the end of February 2015. As of 1 March 2015, Dhananjay Phadnis will take over the responsibility for the Fund. On the same day, the fund’s reference index will change from MSCI AC Far East ex Japan Index to the more widely followed MSCI AC Asia ex Japan Index. Fidelity is implementing a long planned succession which, we believe, is in the best interest of our investors.