Fact sheet: Fidelity Iberia

Fund information
Fund name
Fidelity Iberia A EUR
Fund manager company
Fidelity International (FIL In
Fund type
Offshore Fund
Fund managers
  • Fabio Riccellisince 01/10/2014
Fund objective
The Fund aims to provide long-term capital growth with the level of income expected to be low. At least 70% invested in Spanish and Portuguese company shares. 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. 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
No data available.
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
-1.7%
1 Year rank in sector
86/91
Sector
FO Equity - Europe Single Country
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.
1.93%
Fund size
£748m (£1,058m 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.
98
Top in this sector
Fund name1 Year
Pictet Russian Equities70.9%
Baring Russia61.3%
HSBC GIF Russia Equity56.2%
Pictet Russia Index47.2%
SEB 2 Russia37.6%
...more in FO Equity - Europe Single Country

Performance snapshot

Holdings snapshot

  • Spain89.1%
    UK5.8%
    Portugal2.9%
    France1.6%
    Money Market0.6%
  • Consumer Discretionary19.2%
    Industrials17.4%
    Utilities11.6%
    Health Care11.5%
    Financials11.3%
  • Spanish Equities89.1%
    UK Equities5.8%
    Portuguese Equities2.9%
    French Equities1.6%
    Money Market0.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.7%-1.2%-2.5%-1.7%14.2%77.7%
Sector1.9%5.9%7.7%11.6%21.1%78%
Rank within sector72 / 9388 / 9385 / 9386 / 9152 / 8346 / 77
Quartile4th4th4th4th3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund-7.8%15.4%-3.4%32.7%21%
Sector6.1%9.2%1.7%17.5%18.4%
Rank within sector88 / 9330 / 9067 / 8318 / 8027 / 77
Quartile4th2nd4th1st2nd
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.
-0.06
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.
0.92
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.
0.25
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%.
14.31
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.
9.09
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.
-0.11
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.
0.59
Price movement
52 week high71.39
52 week low57.18
Current bid price-
Current offer price-
Current mid price63.11
Region
1Spain89.1%
2UK5.8%
3Portugal2.9%
4France1.6%
5Money Market0.6%
Industry sector
1Consumer Discretionary19.2%
2Industrials17.4%
3Utilities11.6%
4Health Care11.5%
5Financials11.3%
6Information Technology9.8%
7Consumer Staples8.4%
8Materials4.7%
9Real Estate4%
Asset type
1Spanish Equities89.1%
2UK Equities5.8%
3Portuguese Equities2.9%
4French Equities1.6%
5Money Market0.6%
Individual holdings
1AMADEUS IT GROUP SA10.24%
2INDITEX9.85%
3IBERDROLA SA8.97%
4GRIFOLS SA EUR0.25 RFD8.25%
5IMPERIAL BRANDS PLC4.7%
6CAIXABANK SA4.17%
7AENA SA4.15%
8BANCO DE SABADELL SA3.54%
9INMOBILIARIA COLONIAL SA3.17%
Management
Fund manager group
Fidelity
Fund manager company
Fidelity International (FIL In
Fund type
Offshore Fund
Fund objective
The Fund aims to provide long-term capital growth with the level of income expected to be low. At least 70% invested in Spanish and Portuguese company shares. 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. 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
No data available.
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Fabio Riccelli01/10/2014Fabio Riccelli joined Fidelity straight from university in 1998. He graduated from Manchester University in the UK with a BSC in Economics and Finance. He started his career in Fidelity as an analyst covering medical technology and healthcare services (Sept 1998 - March 2000) and during that time he was also responsible for small and mid-cap semiconductors and telecom equipment (June 1999 - March 2000). In March 2000, Fabio covered IT services (all caps) until December 2002. From December 2002-December 2004 he covered large cap non-food retail. In December 2004 Fabio became assistant fund manager to Colin Stone and then in November 2005 he started to manage a pool of money covering small cap companies. In November 2008 Fabio became the portfolio manager of FF European Dynamic Growth Fund
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, 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
Fidelity Iberia 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)1.93%
Total expense ratio (TER)1.92%
Bid price-
Offer price-
Mid price14.43
CurrencyEUR
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeG841
Fidelity Iberia A EUR
Initial charge5.25%
Annual charge1.5%
Min single investment£2,500
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.93%
Total expense ratio (TER)1.95%
Bid price-
Offer price-
Mid price63.11
CurrencyEUR
Price updated23/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFJ01
Fidelity Iberia I Acc 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 price9.841
CurrencyEUR
Price updated23/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE9CN
Fidelity Iberia 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)1.18%
Total expense ratio (TER)1.18%
Bid price-
Offer price-
Mid price13.25
CurrencyEUR
Price updated23/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMEZ7
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.