Fact sheet: Fidelity Euro Blue Chip

Fund information
Fund name
Fidelity Euro Blue Chip A EUR
Fund manager company
Fidelity International (FIL In
Fund type
Offshore Fund
Fund managers
  • Alexandra Hartmannsince 01/01/2007
Fund objective
Aims to provide long-term capital growth with the level of income expected to be low. At least 70% invested in the shares of blue chip companies in countries that are members of the Economic Monetary Union, and at least 70% denominated in Euro. Currently, there are nineteen member countries but if other countries join in the future, then investment in these countries may also be considered for inclusion in the fund. Has the freedom to invest outside the fund's principal geographies, market sectors, industries or asset classes. Can use derivatives with the aim of risk or cost reduction or to generate additional capital or income in line with the fund's risk profile. The fund has discretion in its choices of investments within its objectives and policies. Currency hedging is used to substantially reduce the risk of losses from unfavourable exchange rate movements on holdings in currencies that differ from the dealing currency. Hedging also has the effect of limiting the potential for currency gains to be made. Income is accumulated in the share price. Shares can usually be bought and sold each business day of the fund. This fund may not be appropriate for investors who plan to sell their shares in the fund within 5 years. Investment in the fund should be regarded as a long-term investment.
Benchmark
  • MSCI EMU
Investment style
None
Investment method
Shares
Quick stats
1 Year return
-2.1%
1 Year rank in sector
92/98
Sector
FO Equity - Europe ex UK
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.
1.91%
Fund size
£979m (£1,229m 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.
92
Top in this sector
Fund name1 Year
J Chahine Dgtl Str Eur Ex UK32.9%
Waverton European Income32.6%
Oyster Cont Euro Select32.1%
Hermes ErEUKEq31.7%
Guinness European Eq Inc28.7%
...more in FO Equity - Europe ex UK

Performance snapshot

Holdings snapshot

  • France23.7%
    Germany18.5%
    Netherlands15.3%
    UK13.5%
    Spain12.6%
  • Industrials16.6%
    Information Technology15.8%
    Health Care13%
    Financials12.7%
    Consumer Staples11.9%
  • French Equities23.7%
    German Equities18.5%
    Dutch Equities15.3%
    UK Equities13.5%
    Spanish Equities12.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2.5%1.3%0.7%-2.1%14.2%94.9%
Sector1.2%4%4.6%4.2%22.2%84.6%
Rank within sector19 / 10481 / 10387 / 10292 / 9866 / 8731 / 80
Quartile1st4th4th4th4th2nd
Calendar performance
 YTD - 20162015201420132012
Fund-6.8%12.4%4.1%21.1%31.4%
Sector-0.8%12.7%3.5%23.2%17.8%
Rank within sector90 / 10143 / 9343 / 9061 / 843 / 81
Quartile4th2nd2nd3rd1st
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.
-2.59
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.
1.02
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.
0.17
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%.
12.98
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.
3.56
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.
-0.71
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.
0.92
Price movement
52 week high23.29
52 week low18.55
Current bid price-
Current offer price-
Current mid price20.57
Region
1France23.7%
2Germany18.5%
3Netherlands15.3%
4UK13.5%
5Spain12.6%
6International4.4%
7Switzerland4%
8Finland2.1%
9Denmark2%
Industry sector
1Industrials16.6%
2Information Technology15.8%
3Health Care13%
4Financials12.7%
5Consumer Staples11.9%
6Telecommunications Utilities9%
7Consumer Discretionary7.2%
8Energy6.4%
9Utilities3.6%
Asset type
1French Equities23.7%
2German Equities18.5%
3Dutch Equities15.3%
4UK Equities13.5%
5Spanish Equities12.6%
6International Equities4.4%
7Swiss Equities4%
8Finnish Equities2.1%
9Danish Equities2%
Individual holdings
1UNILEVER NV6.67%
2SAP SE5.44%
3ROYAL DUTCH SHELL4.76%
4BAYER AG4.17%
5IBERDROLA SA3.61%
6INMARSAT3.37%
7L`OREAL2.89%
8AMADEUS IT GROUP SA2.86%
9SANOFI2.78%
Management
Fund manager group
Fidelity
Fund manager company
Fidelity International (FIL In
Fund type
Offshore Fund
Fund objective
Aims to provide long-term capital growth with the level of income expected to be low. At least 70% invested in the shares of blue chip companies in countries that are members of the Economic Monetary Union, and at least 70% denominated in Euro. Currently, there are nineteen member countries but if other countries join in the future, then investment in these countries may also be considered for inclusion in the fund. Has the freedom to invest outside the fund's principal geographies, market sectors, industries or asset classes. Can use derivatives with the aim of risk or cost reduction or to generate additional capital or income in line with the fund's risk profile. The fund has discretion in its choices of investments within its objectives and policies. Currency hedging is used to substantially reduce the risk of losses from unfavourable exchange rate movements on holdings in currencies that differ from the dealing currency. Hedging also has the effect of limiting the potential for currency gains to be made. Income is accumulated in the share price. Shares can usually be bought and sold each business day of the fund. This fund may not be appropriate for investors who plan to sell their shares in the fund within 5 years. Investment in the fund should be regarded as a long-term investment.
Benchmark
  • MSCI EMU
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
Alexandra Hartmann01/01/2007Alexandra Hartmann is an experienced fund manager with a good performance record managing German and Swiss equity funds. Her process is research intensive and follows a stockpicking approach with a quality bias. She returned to managing this Swiss fund in June 2004 after a break of three and a half years, having previously been responsible for the fund for four and a half years from May 1997.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Reporting Fund Status, UCITS IV Compliant, UCITS V Compliant, MAS Unrestricted Scheme
Domicile
No data available.
Fund for sale in
Austria, Belgium, Bahrain, Switzerland, Chile, Czech Republic, Germany, Denmark, Spain, Finland, France, United Kingdom, Gulf Cooperation Council, Guernsey, Hong Kong, Hungary, Ireland, Iceland, Italy, Jersey, Republic Of Korea, Luxembourg, Macau, Malta, Netherlands, Norway, Offshore, Oman, Peru, Poland, Portugal, Qatar, Singapore, Slovakia, Slovenia, Sweden, Taiwan - Province Of China, South Africa
Fidelity Euro Blue Chip A Acc EUR
Initial charge5.25%
Annual charge1.5%
Min single investment£2,500
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.91%
Total expense ratio (TER)1.93%
Bid price-
Offer price-
Mid price13.75
CurrencyEUR
Price updated22/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeD817
Fidelity Euro Blue Chip A EUR
Initial charge5.25%
Annual charge1.5%
Min single investment£2,500
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.91%
Total expense ratio (TER)1.92%
Bid price-
Offer price-
Mid price20.57
CurrencyEUR
Price updated22/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFE76
Fidelity Euro Blue Chip A Hedged Acc CZK
Initial charge5.25%
Annual charge1.5%
Min single investment£2,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.96%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1113
CurrencyCZK
Price updated22/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFDRP
Fidelity Euro Blue Chip A Hedged Acc USD
Initial charge5.25%
Annual charge1.5%
Min single investment£2,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.91%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.9
CurrencyUSD
Price updated22/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFFLC
Fidelity Euro Blue Chip D Acc EUR
Initial charge4%
Annual charge1.5%
Min single investment£2,500
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.03
CurrencyEUR
Price updated22/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE84G
Fidelity Euro Blue Chip I Acc EUR
Initial charge1%
Annual charge0.8%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.9%
Total expense ratio (TER)0.9%
Bid price-
Offer price-
Mid price12.67
CurrencyEUR
Price updated22/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF8MT
Fidelity Euro Blue Chip I EUR
Initial charge1%
Annual charge0.8%
Min single investment£100,000
Min regular saving£500,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.11
CurrencyEUR
Price updated22/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeE9CM
Fidelity Euro Blue Chip W GBP
Initial charge-
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.16%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.124
CurrencyGBP
Price updated22/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeK5LE
Fidelity Euro Blue Chip Y Acc EUR
Initial charge-
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.16%
Total expense ratio (TER)1.17%
Bid price-
Offer price-
Mid price14.9
CurrencyEUR
Price updated22/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMFN0
Fidelity Euro Blue Chip Y EUR
Initial charge-
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.16%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price11.35
CurrencyEUR
Price updated22/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFCHA
Fidelity Euro Blue Chip Y Hedged Acc CZK
Initial charge-
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price966.6
CurrencyCZK
Price updated22/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE05H
Fidelity Euro Blue Chip Y Hedged Acc USD
Initial charge-
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.852
CurrencyUSD
Price updated22/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFX2X
Fidelity Euro Blue Chip Y SGD
Initial charge-
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price0.908
CurrencySGD
Price updated22/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeE05I
Data provided by

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