Bolton's China trust trounces index in Q4 as rebound continues
Antony Bolton's £610m Fidelity China Special Situations trust returned 8.42% in the three months to 31 December, compared to the MSCI China return of 1.5%, according to latest figures.
A gearing rate of 20% and a bias toward small-caps helped the trust, which has returned 16% over the past 12 months. That incorporates a fall of 2% in the past month, in line with the index, but the...
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