Fact sheet: Fidelity Index Europe ex UK

Fund information
Fund name
Fidelity Index Europe ex UK W
Fund manager company
Fidelity International (FIL In
Fund type
OEIC
Fund managers
  • Geode Capital Managementsince 27/03/2014
Fund objective
Aims to achieve long term capital growth by closely matching the performance of the MSCI Europe ex UK Index.Aims to hold company shares that represent the benchmark index.May use stock index futures to achieve the investment objective.
Benchmark
  • MSCI Europe ex UK
Investment style
Passive/Tracking,Growth
Investment method
Shares, Physical - Full
Quick stats
1 Year return
12.6%
1 Year rank in sector
29/96
Sector
UT Europe Excluding UK
Yield
2.2%
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.
0.12%
Fund size
£152m (£148m 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.
112
Mid price
110.53
Top in this sector
Fund name1 Year
Marlborough Eurpn Multi-Cap31.2%
Neptune European Opps21.9%
Liontrust European Growth20%
Aviva Inv Euro Equity MoM 219.1%
Baillie Gifford European17.6%
...more in UT Europe Excluding UK

Performance snapshot

Holdings snapshot

  • France22.3%
    Germany20.6%
    Switzerland19.6%
    Netherlands7.5%
    Spain7.3%
  • Financials19.2%
    Industrials14.8%
    Consumer Staples13.6%
    Health Care13.6%
    Consumer Discretionary11.6%
  • French Equities22.3%
    German Equities20.6%
    Swiss Equities19.6%
    Dutch Equities7.5%
    Spanish Equities7.3%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.6%-0.9%8.9%12.6%--
Sector-1.9%-1.4%6.9%10.5%22%73.6%
Rank within sector34 / 10134 / 10023 / 9929 / 96--
Quartile2nd2nd1st2nd
Calendar performance
 YTD - 20162015201420132012
Fund11.1%4.8%---
Sector8.6%9.1%-0.7%27.3%19.2%
Rank within sector29 / 9879 / 91---
Quartile2nd4th
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 high118.86
52 week low88.36
Current bid price-
Current offer price-
Current mid price110.53
Region
1France22.3%
2Germany20.6%
3Switzerland19.6%
4Netherlands7.5%
5Spain7.3%
6Sweden6.2%
7Italy4.4%
8Denmark3.8%
9Others3.3%
Industry sector
1Financials19.2%
2Industrials14.8%
3Consumer Staples13.6%
4Health Care13.6%
5Consumer Discretionary11.6%
6Materials8.3%
7Information Technology5.6%
8Energy4.3%
9Telecommunications Utilities4.1%
Asset type
1French Equities22.3%
2German Equities20.6%
3Swiss Equities19.6%
4Dutch Equities7.5%
5Spanish Equities7.3%
6Swedish Equities6.2%
7Italian Equities4.4%
8Danish Equities3.8%
9International Equities3.3%
Individual holdings
1NESTLE SA4.31%
2ROCHE HLDG AG2.99%
3NOVARTIS AG2.96%
4FIDELITY INSTITUTIONAL LIQUIDITY EUR A DIS2.37%
5TOTAL SA1.89%
6ANHEUSER-BUSCH INBEV SA/NV1.63%
7SANOFI1.58%
8SAP SE1.51%
9SIEMENS AG1.51%
Management
Fund manager group
No data available.
Fund manager company
Fidelity International (FIL In
Fund type
OEIC
Fund objective
Aims to achieve long term capital growth by closely matching the performance of the MSCI Europe ex UK Index.Aims to hold company shares that represent the benchmark index.May use stock index futures to achieve the investment objective.
Benchmark
  • MSCI Europe ex UK
Investment style
Passive/Tracking,Growth
Investment method
Shares, Physical - Full
Fund managers
NameSinceBiography
Geode Capital Management27/03/2014Nick Peters is Portfolio Manager in the Investment Solutions Group. Nick has 20 years of industry experience and joined Fidelity in 2012. Prior to joining Fidelity, Nick was a member of the multi-manager team at Barclays Wealth, responsible for UK and European Equities. He joined Barclays in 2010 from BAE Systems Pension Fund where he was responsible for the fund's external managers across asset classes. Prior to joining BAE Systems in 2009, Nick was an Equity Portfolio Manager at Henderson Global Investors. He was a Director within the Multi Strategy Equity team. He joined AMP Asset Management (which later merged with Henderson) in 1993. Nick holds a BA (Hons) in Economics and Statistics from Exeter University and is a Fellow of the Institute of Chartered Accountants in England & Wales (ICAEW).
Compliance
FE Passive Rateable, IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
France, United Kingdom, Guernsey, Ireland, Jersey
Fidelity Index Europe ex UK P Acc
Initial charge-
Annual charge0.1%
Min single investment£500
Min regular saving£250
Available in ISANo
Ongoing charge (OCF)0.1%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price115.15
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeK1XL
Fidelity Index Europe ex UK P Inc
Initial charge-
Annual charge0.1%
Min single investment£500
Min regular saving£250
Available in ISAYes
Ongoing charge (OCF)0.1%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price111.59
CurrencyGBX
Price updated06/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeKOGV
Fidelity Index Europe ex UK W
Initial charge-
Annual charge0.12%
Min single investment£500
Min regular saving£250
Available in ISANo
Ongoing charge (OCF)0.12%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price110.53
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKEXB
Fidelity Index Europe ex UK W Inc
Initial charge-
Annual charge0.12%
Min single investment£500
Min regular saving£250
Available in ISAYes
Ongoing charge (OCF)0.12%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price111.62
CurrencyGBX
Price updated06/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeKOGU
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.