China Special Situations Worth Keeping?

[86DA]

Hi

I put £5K into a Fidelity China Special Situations Fund ISA approx 2 years ago, its now worth £5230.

Is it worth keeping for say the next ten years or would I be better off looking for a better investment?

Thanks

86DA

[jeff m2]

If you switch you know it will jump to 5.5 in a couple of weeks

China is in a transition from an export to a consumer oriented economy, while at the same time trying to control their real estate speculators.

Choosing a single country fund is always a bit risky and it being Spec Sits makes it even narrower.
But it is Fidelity, so worth sticking with it.

Certainly better growth prospects that UK.

[rpguk]

Out of interest, what did you pay in fees during that period?

[86DA]

To be honest I have no idea, I will have a look at the paperwork when I get a chance.

86DA

[jeff m2]

rpguk said:

Out of interest, what did you pay in fees during that period?

Expense ratio cut from 1.5% to 1.2% this year. Quite low considering.
Fidelity appear to be sucking up anything over 1.2