Fact sheet: Fidelity European Sm Cos

Fund information
Fund name
Fidelity European Smaller Companies E Acc EUR
Fund manager company
Fidelity International (FIL In
Fund type
Offshore Fund
Fund manager
  • Colin Stonesince 01/12/1995
Fund objective
Aims to provide long-term capital growth with the level of income expected to be low. At least 70% invested in shares of small and medium sized European companies. 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.
Benchmark
  • Euromoney Smaller European Companies - Gross
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
-4.5%
1 Year rank in sector
19/48
Sector
FO Equity - Small Cap Europe
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.
2.67%
Fund size
£855m (£1,059m 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.
83
Top in this sector
Fund name1 Year
Old Mutual Eur(ExUK)SmCo24.9%
SEB 2 Estn Eur Sm Cap23.2%
Argos Argonaut15.8%
Pictet Small Cap Europe11.8%
Montanaro Europ Inc11.5%
...more in FO Equity - Small Cap Europe

Performance snapshot

Holdings snapshot

  • UK38.8%
    Germany13.2%
    International11.6%
    France8.5%
    Switzerland5.3%
  • Consumer Discretionary22.6%
    Information Technology17.2%
    Financials15.4%
    Industrials11.5%
    Health Care9.1%
  • UK Equities38.8%
    German Equities13.2%
    International Equities11.6%
    French Equities8.5%
    Swiss Equities5.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2.4%-1.6%-0.9%-4.5%--
Sector-0.5%-2.8%-2%-4.9%25.1%92%
Rank within sector10 / 4813 / 4817 / 4819 / 48--
Quartile1st2nd2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund-3.1%24.9%0.6%--
Sector-3.9%23.6%3.2%29.7%22.3%
Rank within sector16 / 4821 / 4739 / 45--
Quartile2nd2nd4th
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 high28.09
52 week low23.14
Current bid price-
Current offer price-
Current mid price27.04
Region
1UK38.8%
2Germany13.2%
3International11.6%
4France8.5%
5Switzerland5.3%
6Sweden4.8%
7Italy4.4%
8Canada3.9%
9Netherlands3.5%
Industry sector
1Consumer Discretionary22.6%
2Information Technology17.2%
3Financials15.4%
4Industrials11.5%
5Health Care9.1%
6Materials7.8%
7Energy5.3%
8Real Estate5.1%
9Consumer Staples2.4%
Asset type
1UK Equities38.8%
2German Equities13.2%
3International Equities11.6%
4French Equities8.5%
5Swiss Equities5.3%
6Swedish Equities4.8%
7Italian Equities4.4%
8Canadian Equities3.9%
9Dutch Equities3.5%
Individual holdings
1JUST EAT PLC3.33%
2GVC HLDGS PLC2.46%
3YOOX NET-A-PORTER GROUP SPA1.56%
4GRAND CITY PROPERTIES SA1.55%
5BANCA GENERALI1.41%
6KBC ANCORA CVA1.4%
7PORR AG1.39%
8AROUNDTOWN PROPERTY HLDGS1.35%
9PLAYTECH PLC1.35%
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 shares of small and medium sized European companies. 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.
Benchmark
  • Euromoney Smaller European Companies - Gross
Investment style
Growth
Investment method
Shares
Fund manager
NameSinceBiography
Colin Stone01/12/1995Colin Stone joined Fidelity International as a Research Analyst in 1987 and became Portfolio Manager in 1990. Prior to joining Fidelity he spent 2 years with Britoil as a Petroleum Engineer. Colin has a M.A. from Cambridge University, and M.Eng, Engineering, from Herriot-Watt University.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Reporting Fund Status, UCITS IV 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, Sweden, Taiwan - Province Of China, South Africa
Fidelity European Smaller Companies 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)1.92%
Total expense ratio (TER)1.92%
Bid price-
Offer price-
Mid price18.21
CurrencyEUR
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeG847
Fidelity European Smaller Companies A EUR
Initial charge5.25%
Annual charge1.5%
Min single investment£2,500
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.92%
Total expense ratio (TER)1.92%
Bid price-
Offer price-
Mid price43.29
CurrencyEUR
Price updated02/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFJ98
Fidelity European Smaller Companies A Hedged Acc USD
Initial charge5.25%
Annual charge1.5%
Min single investment£2,500
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.97%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price12.17
CurrencyUSD
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFFLG
Fidelity European Smaller Companies E Acc EUR
Initial charge-
Annual charge1.5%
Min single investment£2,500
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.67%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price27.04
CurrencyEUR
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFG0V
Fidelity European Smaller Companies 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)1.17%
Total expense ratio (TER)1.17%
Bid price-
Offer price-
Mid price19.86
CurrencyEUR
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeNNB8
Fidelity European Smaller Companies Y EUR
Initial charge-
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.17%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price13.66
CurrencyEUR
Price updated02/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFCHL
Data provided by

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