Fact sheet: Fidelity Inst Eur(ex-UK)

Fund information
Fund name
Fidelity Institutional Europe (ex-UK) Acc
Fund manager company
Fidelity International (FIL In
Fund type
OEIC
Fund managers
  • Alexandra Hartmannsince 09/08/2010
Fund objective
Aims to provide long-term capital growth with the level of income expected to be low. Invests primarily in the shares of European companies excluding those in the UK and 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.
Benchmark
  • MSCI Europe ex UK
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
19.8%
1 Year rank in sector
83/98
Sector
UT Europe Excluding 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.
0.88%
Fund size
£515m (£440m 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.
108
Mid price
485.5
Top in this sector
Fund name1 Year
Neptune European Opps49.2%
Marlborough Eurpn Multi-Cap45.1%
Schroder Eurpn Alpha Plus34.7%
Schroder Eurpn Alp Inc33.4%
CF Miton Eu Opp32.8%
...more in UT Europe Excluding UK

Performance snapshot

Holdings snapshot

  • France21.6%
    Germany20.9%
    Spain13.9%
    Netherlands11.6%
    Switzerland7.9%
  • Financials20.3%
    Industrials17%
    Health Care14.2%
    Consumer Staples12.1%
    Information Technology11.9%
  • French Equities21.6%
    German Equities20.9%
    Spanish Equities13.9%
    Dutch Equities11.6%
    Swiss Equities7.9%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund4.7%6.6%9.1%19.8%25.3%79.2%
Sector4.7%6.3%9.7%24%30.7%78.7%
Rank within sector11 / 10141 / 10066 / 10083 / 9876 / 8733 / 78
Quartile1st2nd3rd4th4th2nd
Calendar performance
 YTD - 20172016201520142013
Fund6%10.3%8.9%1.2%25.5%
Sector5.6%16.4%9.1%-0.7%27.3%
Rank within sector42 / 10190 / 9852 / 9123 / 8750 / 79
Quartile2nd4th3rd2nd3rd
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.
-4.07
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.
1.51
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%.
10.37
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.
6.16
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.
-0.15
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.
0.73
Price movement
52 week high492.6
52 week low389.1
Current bid price-
Current offer price-
Current mid price485.5
Region
1France21.6%
2Germany20.9%
3Spain13.9%
4Netherlands11.6%
5Switzerland7.9%
6UK6.3%
7Denmark4.4%
8Not Specified4%
9Finland2.8%
Industry sector
1Financials20.3%
2Industrials17%
3Health Care14.2%
4Consumer Staples12.1%
5Information Technology11.9%
6Telecommunications Utilities6.9%
7Energy4.2%
8Others4.1%
9Consumer Discretionary3.4%
Asset type
1French Equities21.6%
2German Equities20.9%
3Spanish Equities13.9%
4Dutch Equities11.6%
5Swiss Equities7.9%
6UK Equities6.3%
7Danish Equities4.4%
8International Equities4%
9Finnish Equities2.8%
Individual holdings
1SAP SE5.12%
2NESTLE SA3.88%
3ROCHE HLDG AG3.51%
4GENMAB AS3.32%
5AXA3.21%
6BNP PARIBAS3.19%
7IBERDROLA SA3.02%
8ROYAL DUTCH SHELL2.89%
9SAMPO2.81%
Management
Fund manager group
No data available.
Fund manager company
Fidelity International (FIL In
Fund type
OEIC
Fund objective
Aims to provide long-term capital growth with the level of income expected to be low. Invests primarily in the shares of European companies excluding those in the UK and 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.
Benchmark
  • MSCI Europe ex UK
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Alexandra Hartmann09/08/2010Alexandra 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
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Switzerland, Denmark, Finland, France, United Kingdom, Guernsey, Ireland, Netherlands, Norway, Sweden
Fidelity Institutional Europe (ex-UK) Acc
Initial charge-
Annual charge0.8%
Min single investment£100,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)0.88%
Total expense ratio (TER)0.9%
Bid price-
Offer price-
Mid price485.5
CurrencyGBX
Price updated27/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFI17
Data provided by

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