# Fidelity China Special Situations PLC (FCSS)

**Page:** https://fundology.uk/fund/fcss · ISIN GB00B62Z3C74

## At a glance

> Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.

As of 13/11/2026, FCSS (Fidelity China Special Situations PLC, ISIN GB00B62Z3C74) closed at £2.28 on the London Stock Exchange. Over the five years to 13/11/2026 its price changed by −32.6% (income paid out is not included), or −47.4% after UK CPIH inflation.

## Summary

Fidelity China Special Situations PLC is an investment trust. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share.

Latest close: **£2.28** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | FCSS |
| ISIN | GB00B62Z3C74 |
| Category | Investment trusts |
| Type | Investment trust |
| Domicile | United Kingdom |

## Past returns (periods to 13/11/2026)

After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after UK CPIH inflation.

| Window | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 1 year | -26.14% | -28.75% | price only |
| 3 years | +8.59% | -1.89% | price only |
| 5 years | -32.59% | -47.38% | price only |

Returns: worked out from recorded daily closes. Inflation: UK CPIH, latest month published.

## Calendar-year returns

Calendar-year returns of Fidelity China Special Situations PLC in pounds (price only, income paid out not included): 2022 −22.8%, 2023 −11.9%, 2024 +5.0%, 2025 +40.1%; 2026 to 13/11/2026 −26.8%. Returns of Fidelity China Special Situations PLC in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: −23.6%; to 30/09/2025: +54.2%; to 30/09/2024: +2.1%; to 30/09/2023: −5.8%; to 30/09/2022: −29.4%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | -22.8% | -29.4% | Price |
| 2023 | -11.9% | -15.4% | Price |
| 2024 | +5.0% | +1.4% | Price |
| 2025 | +40.1% | +35.3% | Price |
| 2026 to 13/11/2026 | -26.8% | -29.2% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 21.41% | -31.54% |
| 3 years | 28.41% | -32.58% |
| 5 years | 29.48% | -49.10% |

## Largest fall

Volatility of Fidelity China Special Situations PLC in pounds, annualised from weekly returns to 13/11/2026: 21.4% over 1 year, 28.4% over 3 years, 29.5% over 5 years. Largest fall in the price of Fidelity China Special Situations PLC since November 2021, in pounds: −48.3% from 19/11/2021 to 13/09/2024. The lowest 12-month return of Fidelity China Special Situations PLC in pounds (price only, income paid out not included) since January 2021 was −45.4% (12 months to 22/04/2022); the highest was +85.7% (12 months to 12/09/2025). On 13/11/2026 the price of Fidelity China Special Situations PLC was 31.6% below its highest weekly close since November 2021 (19/11/2021), in pounds.

## Charges & eligibility

- Stocks and shares ISA eligible: usually (check with your platform)
- SIPP eligible: usually (check with your provider)
- ISA and SIPP mean the kind of product usually qualifies under HMRC rules. We do not check each platform’s list — each provider decides which funds it offers. Crypto ETNs have not qualified for a stocks and shares ISA since 06/04/2026, and overseas funds that are not UK-recognised UCITS, such as Swiss ETFs, do not usually qualify.

## Questions people ask

**What is the ISIN of FCSS?**

The ISIN of FCSS is GB00B62Z3C74. An ISIN identifies one exact share class of a fund; FCSS is its ticker on the London Stock Exchange.

**What were FCSS’s returns in each of the last five years?**

Calendar-year returns of FCSS in pounds (price only, income paid out not included): 2022 −22.8%, 2023 −11.9%, 2024 +5.0%, 2025 +40.1%; 2026 to 13/11/2026 −26.8%. Past performance is not a guide to future returns.

**How has FCSS done after inflation?**

Over the five years to 13/11/2026 FCSS’s price changed by −32.6% (income paid out is not included), or −47.4% after UK CPIH inflation. Past performance is not a guide to future returns.

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Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.