Fact sheet: Fidelity AlphSCV ShrpEurp

Fund information
Fund name
Fidelity Alpha SICAV - SharpeR Europe A Acc EUR
Fund manager company
Fidelity International (FIL In
Fund type
Offshore Fund
Fund manager
  • Alexander Scurlocksince 08/08/2014
Fund objective
Aims to achieve capital growth by investing primarily in the equities and bonds of, and related instruments (including derivatives) providing exposure to, companies that have their head office or exercise a predominant part of their activity in Europe as well as cash, cash equivalents and short-dated instruments.
Benchmark
  • ICE LIBOR EUR overnight rate
Investment style
Flexible
Investment method
Mixed
Quick stats
1 Year return
-
1 Year rank in sector
123/150
Sector
FO Mixed Asset - Flexible
Yield
-
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
1.8%
Fund size
£50m (£50m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
73
Top in this sector
Fund name1 Year
Investec EmrgMktsMA28.6%
HSBC Pfl World Seltn 426.9%
Aria Absolut Inc Prtd UCITs25.3%
Northstar Mgd Stg23.5%
Smith & Williamson Mid-OceanWdInv23.3%
...more in FO Mixed Asset - Flexible

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.6%1.6%---
Sector-0%3.3%3.9%4.1%10.5%27.3%
Rank within sector80 / 165142 / 166124 / 159123 / 150--
Quartile2nd4th4th4th
Calendar performance
 YTD - 20162015201420132012
Fund-3%6%---
Sector3.1%-0.1%5%6.8%6.9%
Rank within sector141 / 15515 / 129---
Quartile4th1st
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
-
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
-
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
-
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
-
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
-
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
-
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
-
Price movement
52 week high10.95
52 week low10.27
Current bid price-
Current offer price-
Current mid price10.57
Region
No data available.
Industry sector
No data available.
Asset type
No data available.
Individual holdings
No data available.
Management
Fund manager group
Fidelity
Fund manager company
Fidelity International (FIL In
Fund type
Offshore Fund
Fund objective
Aims to achieve capital growth by investing primarily in the equities and bonds of, and related instruments (including derivatives) providing exposure to, companies that have their head office or exercise a predominant part of their activity in Europe as well as cash, cash equivalents and short-dated instruments.
Benchmark
  • ICE LIBOR EUR overnight rate
Investment style
Flexible
Investment method
Mixed
Fund manager
NameSinceBiography
Alexander Scurlock08/08/2014Alexander Scurlock joined Fidelity in 1994 as a research analyst in London. He was promoted to Director of Equity Research for UK and Europe in 1996 and took on his current role as portfolio manager in 1998. Prior to joining Fidelity he was an Associate at Booz Allen & Hamilton. Alexander holds an MBA from IMD.
Compliance
Transparent for Austrian Tax, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Czech Republic, Germany, Denmark, Spain, Finland, France, United Kingdom, Hungary, Iceland, Italy, Luxembourg, Netherlands, Norway, Offshore, Poland, Portugal, Singapore, Slovakia, Sweden
Fidelity Alpha SICAV - SharpeR Europe A Acc EUR
Initial charge3.5%
Annual charge1.25%
Min single investment£50,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)1.8%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.57
CurrencyEUR
Price updated22/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFLXG
Fidelity Alpha SICAV - SharpeR Europe E Acc EUR
Initial charge-
Annual charge1.25%
Min single investment£50,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)2.3%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.47
CurrencyEUR
Price updated22/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFLXH
Fidelity Alpha SICAV - SharpeR Europe I Acc EUR
Initial charge-
Annual charge0.85%
Min single investment£20,000,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)1.11%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.73
CurrencyEUR
Price updated22/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFLXI
Fidelity Alpha SICAV - SharpeR Europe Y Acc EUR
Initial charge-
Annual charge0.85%
Min single investment£1,000,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)1.4%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.68
CurrencyEUR
Price updated22/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFLXJ
Fidelity Alpha SICAV - SharpeR Europe Y Inc EUR
Initial charge-
Annual charge0.85%
Min single investment£1,000,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)1.4%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.67
CurrencyEUR
Price updated22/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFLXK
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.