Fact sheet: Fidelity Euro Stoxx 50

Fund information
Fund name
Fidelity Euro Stoxx 50 A EUR
Fund manager company
Fidelity International (FIL In
Fund type
Offshore Fund
Fund managers
  • Matthew Jonessince 01/02/2012
  • Hiten Savanisince 01/10/2013
Fund objective
Aims to track the performance of the EURO STOXX 50SM Index. Aims to hold all the company shares representing the benchmark index. May use stock index futures to achieve the investment objective. 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. Income is reinvested in additional shares or paid to shareholders on request. 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
  • Euro Stoxx 50
Investment style
Passive/Tracking
Investment method
Physical - Full, Shares
Quick stats
1 Year return
1.5%
1 Year rank in sector
73/98
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.
0.35%
Fund size
£225m (£255m 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.
113
Top in this sector
Fund name1 Year
Oyster Cont Euro Select33.6%
J Chahine Dgtl Str Eur Ex UK33.1%
Waverton European Income31.3%
Hermes ErEUKEq28.6%
Guinness European Eq Inc28.5%
...more in FO Equity - Europe ex UK

Performance snapshot

Holdings snapshot

  • France37.2%
    Germany32.3%
    Spain10.1%
    Netherlands8.4%
    Italy6.3%
  • Financials21.1%
    Industrials14.3%
    Consumer Staples12.3%
    Health Care10.6%
    Consumer Discretionary10.3%
  • French Equities37.2%
    German Equities32.3%
    Spanish Equities10.1%
    Dutch Equities8.4%
    Italian Equities6.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.6%8.6%2.9%1.5%11.5%61.4%
Sector0%9.2%4.8%4.8%22%74.8%
Rank within sector64 / 10459 / 10367 / 10273 / 9872 / 8766 / 80
Quartile3rd3rd3rd3rd4th4th
Calendar performance
 YTD - 20162015201420132012
Fund-5.5%5.9%4.4%20.9%19.3%
Sector-1.5%12.7%3.5%23.2%17.8%
Rank within sector75 / 10183 / 9339 / 9063 / 8452 / 81
Quartile3rd4th2nd3rd3rd
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.
-3.19
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.
1.21
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.
0.19
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%.
15.6
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.
5.37
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.
-0.33
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.
0.91
Price movement
52 week high10.75
52 week low8.24
Current bid price-
Current offer price-
Current mid price9.21
Region
1France37.2%
2Germany32.3%
3Spain10.1%
4Netherlands8.4%
5Italy6.3%
6Belgium4.3%
7Finland1.5%
Industry sector
1Financials21.1%
2Industrials14.3%
3Consumer Staples12.3%
4Health Care10.6%
5Consumer Discretionary10.3%
6Information Technology7.1%
7Energy7%
8Telecommunications Utilities5.8%
9Utilities5.2%
Asset type
1French Equities37.2%
2German Equities32.3%
3Spanish Equities10.1%
4Dutch Equities8.4%
5Italian Equities6.3%
6Belgian Equities4.3%
7Finnish Equities1.5%
Individual holdings
1TOTAL SA5.14%
2SANOFI4.33%
3ANHEUSER-BUSCH INBEV SA/NV4.29%
4BAYER AG3.86%
5SIEMENS AG3.78%
6SAP SE3.74%
7UNILEVER NV3.14%
8BASF SE3.13%
9DAIMLER AG2.94%
Management
Fund manager group
Fidelity
Fund manager company
Fidelity International (FIL In
Fund type
Offshore Fund
Fund objective
Aims to track the performance of the EURO STOXX 50SM Index. Aims to hold all the company shares representing the benchmark index. May use stock index futures to achieve the investment objective. 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. Income is reinvested in additional shares or paid to shareholders on request. 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
  • Euro Stoxx 50
Investment style
Passive/Tracking
Investment method
Physical - Full, Shares
Fund managers
NameSinceBiography
Matthew Jones01/02/2012Matt Jones has been responsible for the day-to-day management of FIL Limited's Optimised Equity portfolio since 1st July 2011. Prior to that he had worked in a dedicated role assisting in the management of these portfolios since the start of 2010, and had provided manager back-up even before then as a member of FIL's quant team. Having previously worked in quant research at JPMorgan and Bankers Trust, Matt has over 12 years of quantitative research experience.From 1999 to 2003 Matt worked as Quant Strategist & Portfolio Analyst in Bankers Trust, From 2003 to 2005 he is an Associate Quant Analyst in JPMorgan,From 2005 to 2010 he is a Senior Quant Analyst in FIL Limited and finally he is working as Optimised Equity Portfolio Assistant in FIL Limited from 2010 to 2011.His Education decipline in Master of Applied Finance,Postgraduate Diploma Accounting and Bachelor of Commerce (Economics, Business Law).
Hiten Savani01/10/2013Hiten Savani is a portfolio manager for Fidelity Worldwide Investment, managing the equity subportfolio of Fidelity Global Asset Allocation Fund. In the U.K., Hiten manages FF FIRST All Country World Fund, FF FIRST Developed World Fund and FIRST European Strategy. He has been closely associated with Fidelity's range of systematic equity strategies since 2010 when he joined the company as Investment Director. In this role, Hiten was involved with product design and worked closely with our global client base. He was also involved in institutional product strategy. Formerly a Strategist at Goldman Sachs, Hiten carried out research and authored papers on a broad range of subjects from global asset allocation to risk appetite and style rotation within European equities. Hiten has also previously worked in Africa with the United Nations, the World Bank, as well as other organizations on matters of Financial Sector Development. He has a Masters in Financial Economics from the University of London and a Masters of Physics from the University of Oxford.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, FE Passive Rateable, Reporting Fund Status, UCITS IV Compliant, MAS Unrestricted Scheme
Domicile
No data available.
Fund for sale in
Austria, Switzerland, Chile, Germany, Denmark, Spain, Finland, France, United Kingdom, Gulf Cooperation Council, Guernsey, Hong Kong, Ireland, Iceland, Italy, Jersey, Republic Of Korea, Luxembourg, Macau, Netherlands, Norway, Offshore, Oman, Peru, Portugal, Qatar, Singapore, Sweden, Taiwan - Province Of China
Fidelity Euro Stoxx 50 A Acc EUR
Initial charge5.25%
Annual charge0.2%
Min single investment£2,500
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.35%
Total expense ratio (TER)1%
Bid price-
Offer price-
Mid price10.59
CurrencyEUR
Price updated28/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeG846
Fidelity Euro Stoxx 50 A EUR
Initial charge5.25%
Annual charge0.2%
Min single investment£2,500
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.35%
Total expense ratio (TER)1%
Bid price-
Offer price-
Mid price9.21
CurrencyEUR
Price updated28/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFE83
Fidelity Euro Stoxx 50 A GBP
Initial charge5.25%
Annual charge0.2%
Min single investment£2,500
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.35%
Total expense ratio (TER)1%
Bid price-
Offer price-
Mid price0.206
CurrencyGBP
Price updated28/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFE79
Fidelity Euro Stoxx 50 Y Acc EUR
Initial charge-
Annual charge0.1%
Min single investment£1,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.25%
Total expense ratio (TER)0.7%
Bid price-
Offer price-
Mid price12.26
CurrencyEUR
Price updated28/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMFJ6
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.