Rates of Exchange. The JPY exchange rate as at 30 April 2020 is noted below. Currency Exchange rate US Dollar (USD) 106.935
Rates of Exchange. The JPY exchange rate as at 30 April 2016 is noted below. Currency Exchange rate US Dollar (USD) 106.905 Schedule of Investments as at 30 April 2016 Country Ccy Shares or Market Value Net Code Nominal USD Assets Fidelity Funds - India Focus Fund - A Shares (USD) LU USD 3,647,736 128,297,090 100.00 Securities Admitted to or Dealt on an Official Stock Exchange Total Investments (Cost USD 96,130,336) 128,297,090 100.00 Other Assets and Liabilities 2,516 0.00 Net Assets 128,299,606 100.00 GEOGRAPHICAL SPLIT Country Country Code Net Assets Luxembourg LU 100.00 Cash and other net assets 0.00 The accompanying notes to the financial statements form an integral part of these financial statements. The percentage of net assets in the schedule of investments and in the geographical split is subject to rounding.
Rates of Exchange. The JPY exchange rate as at 30 April 2019 is noted below. Currency Exchange rate US Dollar (USD) 111.4 Unaudited Supplementary Information Securities Financing Transactions Regulation As at 30 April 2019, the sub-fund had no financial instruments within the scope of the Securities Financing Transactions Regulation Directive which came into effect on 13 January 2017. Financial Instruments and Risks The Fund may engage in investment activities that are subject to certain inherent risks, such as market risk, credit and counterparty risk, foreign currency risk and liquidity risk. The appointed Alternative Investment Fund Manager, FIL Investment Management (Luxembourg) S.A. (the "Manager"), is responsible for the Funds risk management process. The Manager has assigned a risk manager who is responsible for the daily risk management process. The risk manager is supported by specialist risk management departments across the FIL Group. The risk manager and the specialist risk departments independently identify, measure and monitor the risks inherent to the investment activities including the operational and regulatory risks. The principal risks are described as follows: