Irish Life Fidelity India H CB

The India Focus Fund A-GBP invests mainly in equities linked to India, holding at least 70% of its assets, and normally 75%, in Indian-listed companies or non-Indian companies that do most of their business in India. It is actively managed and focuses on a concentrated portfolio of high-quality, sustainable growth businesses. The fund may also hold money market instruments on an ancillary basis.

The India Focus Fund A-GBP is managed by Amit Goel using a bottom-up stock-picking approach that looks for companies the manager understands well and can buy at a reasonable price. The portfolio is built around companies with strong management teams, good capital allocation, and sustainability practices. The fund seeks market leaders or potential market leaders with high return on capital and structural growth opportunities.

The India Focus Fund A-GBP is exposed to equity market risk, currency risk, and derivative risk. Currency risk means exchange-rate moves can reduce returns for investors when the fund’s holdings or share class are affected by different currencies. Because the fund uses financial derivative instruments for investment purposes, its value can also move more sharply than a fund that does not use them.

The India Focus Fund A-GBP is designed for investors with a long-term horizon, and the recommended holding period is 5 years. It aims for capital growth over the long term rather than income. Investors should be comfortable with the higher volatility that can come from investing in Indian equities and using derivatives.

The India Focus Fund A-GBP integrates ESG considerations into the investment process, meaning it looks at environmental, social, and governance factors when choosing companies. The fund states that effective management of these factors can help make a company’s returns more durable over time and support shareholder outcomes. Its sustainable characteristics can change over time, so the ESG profile is not fixed forever.