Mumbai, India (PressExposure) November 25, 2008 -- Fidelity today launched an innovative volatility tool designed to help advisers and investors put the current market uncertainty in the context of a longer term perspective. Launched at a time when investors have been unnerved by extreme volatility in the markets, Fidelityâs volatility tool demonstrates the importance of longer term investing and staying focussed on financial goals.
The interactive micro site can be accessed at [http://www.fidelity.co.in] and has timeless investing truths, up-to-date data and dynamic graphics. Its simple design is visually engaging and showcases several scenarios and themes that will help educate advisers and investors about volatility. The web site has three tools that deal with different aspects of market volatility.
Timing the market â It is impossible to predict the best days and worst days in the stock market and missing just a few days of good performance can significantly reduce your overall return. This tool helps you establish how much you could lose on a notional investment of Rs.1 lakh if you missed the 10, 20, 30 and 40 best days in the Indian market over a ten-year period.
Unpredictable returns â Generally, the longer you remain invested the more predictable your returns become. This tool helps you look at how volatility increases or dips as investments are held over a one-year to a ten-year period.
Market crises - No matter how severe the crisis, markets always recover. This section allows you to check out how long the market took to return to its previous level after various crises.â At a time when markets are unpredictable and investors are nervous about investing, it is important to provide information that puts current market events in to a longer-term perspective,â said Ashu Suyash, Managing Director and Country Head â India, Fidelity International. âOur volatility web site provides tools that demonstrate why the basic principles of investing continue to make sense when investing in volatile times, especially those of investing for the long term and staying focussed on financial goals.â Other than India, the web site also provides similar tools for other markets including Hong Kong, Singapore and Canada to give investors a view of market behaviour across geographies. Investors visiting the volatility web site can also download a free copy of Fidelityâs latest investor guide, âMaking Sense of Marketsâ.
About Fidelity: Fidelity Internationalâs Indian asset management company started operations in the country in 2004. Its first fund, the Fidelity Equity Fund, was launched in March 2005. Today, with total assets under management of about Rs. 6500 crores (Source: AMFI â average AUM in October 2008) and more than 1.6 million customer accounts, Fidelity offers Indian investors investment options through its five equity funds and eight fixed income funds. For more information, please visit [http://www.fidelity.co.in]
FIL Fund Management Private Limited is the Indian arm of Fidelity International, one of the worldâs leading global investment management companies with operations in 23 countries and more than US$197.9 billion in assets under management (as at September 30, 2008). FIL provides mutual funds, retirement services, including defined benefit and defined contribution pension schemes, and specialist institutional mandates to individual and institutional investors outside the Americas. FILâs US affiliate, Fidelity Management and Research LLC (FMR) is one of the USâs largest mutual fund companies and manages over US$ 1.4 trillion (as at September 30, 2008). FIL has constant access to the investment analysis carried out by FMR and Pyramis. FIL benefits from the insights of nearly a thousand investment professionals around the globe1, covering 95% of the world's stock markets by capitalisation2. Central to Fidelityâs success is a pioneering spirit, a commitment to innovation that sets new industry standards and an unmatched investment in research, talent, and technology and investor education.
Sources: 1. FIL Limited and FMR LLC as of 31 December 2007. Data is unaudited. Investment professionals include division management, portfolio managers, traders, research analysts and research associates. These figures reflect the resources of FIL Limited (FIL) and its subsidiaries and FMR LLC, an affiliate, and its subsidiaries. 2. Fidelity Equity Research as of 1 January 2007. These figures reflect the resources of FMR LLC, a US company, and its subsidiaries, and those of FIL Limited, a non-US company and affiliate, and its subsidiaries. CI01054
Risk Factors: ▪Mutual funds, like securities investments, are subject to market risks and there is no guarantee against loss in the schemes or that the schemes objectives will be achieved. ▪As with any investment in securities, the NAV of the units issued under the schemes can go up or down depending on various factors and forces affecting capital markets. ▪Past performance of the Sponsor /the AMC/the Mutual Fund does not indicate the future performance of the schemes. Please read the offer documents / scheme information documents of the respective schemes before investing.
Statutory: Fidelity Mutual Fund (âthe Fundâ) has been established as a trust under the Indian Trusts Act, 1882, by FIL Investment Advisors (liability restricted to Rs. 1 Lakh). FIL Trustee Company Private Limited, a company incorporated under the Companies Act, 1956, with limited liability is the Trustee to the Fund. FIL Fund Management Private Limited, a company incorporated under the Companies Act, 1956, with limited liability is the Investment Manager to the Fund.