Fact sheet: Fidelity Pan European

Fund information
Fund name
Fidelity Pan European Inst
Fund manager company
Fidelity International (FIL In
Fund type
OEIC
Fund managers
  • Nick Peterssince 29/04/2013
  • Ayesha Akbarsince 29/04/2013
Fund objective
The Fund aims to provide long-term capital growth with the level of income expected to be low. It invests primarily in European company shares including those in the UK.
Benchmark
  • MSCI Europe
Investment style
None
Investment method
Shares
Quick stats
1 Year return
28.3%
1 Year rank in sector
3/13
Sector
UT Europe Including 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.
0.91%
Fund size
£274m (£250m 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.
104
Mid price
319.7
Top in this sector
Fund name1 Year
M&G Eurpn Strat Value29.3%
GAM European Gth & Val28.5%
Fidelity Pan European28.3%
Blackrock Inst Eq Cont Eur26.9%
M&G Pan European Select25.7%
...more in UT Europe Including UK

Performance snapshot

Holdings snapshot

  • UK28.2%
    France15.8%
    Germany11.2%
    Switzerland8.4%
    Ireland8%
  • Financials17.2%
    Industrials11.5%
    Consumer Staples10.8%
    Health Care10.1%
    Energy9.8%
  • UK Equities28.2%
    French Equities15.8%
    German Equities11.2%
    Swiss Equities8.4%
    Irish Equities8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.4%8.7%9.6%28.3%26.4%69.1%
Sector0.9%8%6.6%22.6%20.8%59.1%
Rank within sector10 / 157 / 155 / 153 / 135 / 128 / 12
Quartile3rd2nd2nd1st2nd3rd
Calendar performance
 YTD - 20172016201520142013
Fund1.8%17.6%5.9%0.3%24.1%
Sector2.1%12.9%7.7%-2.3%25.5%
Rank within sector9 / 154 / 1310 / 134 / 129 / 12
Quartile3rd2nd4th2nd3rd
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.
0.51
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.
1.03
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.
0.53
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%.
10.64
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.
2.08
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.
0.34
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.
0.96
Price movement
52 week high323.9
52 week low249.3
Current bid price-
Current offer price-
Current mid price319.7
Region
1UK28.22%
2France15.77%
3Germany11.21%
4Switzerland8.44%
5Ireland8%
6Netherlands7.73%
7Others6.49%
8Spain5.09%
9Italy3.17%
Industry sector
1Financials17.24%
2Industrials11.46%
3Consumer Staples10.83%
4Health Care10.1%
5Energy9.83%
6Consumer Discretionary7.98%
7Others7.8%
8Materials7.37%
9Information Technology5.79%
Asset type
1UK Equities28.22%
2French Equities15.77%
3German Equities11.21%
4Swiss Equities8.44%
5Irish Equities8%
6Dutch Equities7.73%
7International Equities6.58%
8Spanish Equities5.09%
9Italian Equities3.17%
Individual holdings
1SOURCE MSCI EUROPE VALUE SOURCE7.62%
2TOTAL SA2.31%
3NESTLE SA1.81%
4ROCHE HLDG AG1.79%
5ROYAL DUTCH SHELL1.79%
6HSBC HLDGS1.57%
7IBERDROLA SA1.55%
8BRITISH AMERICAN TOBACCO1.41%
9ROYAL DUTCH SHELL1.4%
Management
Fund manager group
No data available.
Fund manager company
Fidelity International (FIL In
Fund type
OEIC
Fund objective
The Fund aims to provide long-term capital growth with the level of income expected to be low. It invests primarily in European company shares including those in the UK.
Benchmark
  • MSCI Europe
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
Nick Peters29/04/2013Nick 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).
Ayesha Akbar29/04/2013Ayesha Akbar joined Fidelity's MultiManager Business in June 2008 as Portfolio Manager covering Asia Pacific ex-Japan and Global Emerging Market equities. She also brings a wealth of experience in other asset classes as a member of a broad asset team with previous employers. Prior to joining Fidelity Ayesha worked at Barclays Wealth for six years. She spent the first five years helping to establish the £10bn+ multi-manager business with the Private Clients division, working on global and regional fixed income and Asia/Emerging equities. For the last 12 months she has been an Associate Director of the newly formed Wealth division, focusing on manager research and portfolio management for Asian and Emerging equities. Prior to joining Barclays, Ayesha worked for two years as an investment analyst for Abu Dhabi Investment Authority, researching and managing portfolios of external funds focused on UK and European equities. Ayesha Akbar is a CFA Charterholder. She has a BSc (Hons) Economics degree and an MSc (Accounting and Finance) degree both gained from the London School of Economics and Political Science.
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 Pan European Inst
Initial charge-
Annual charge0.8%
Min single investment£100,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)0.91%
Total expense ratio (TER)0.9%
Bid price-
Offer price-
Mid price319.7
CurrencyGBX
Price updated21/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFI03
Data provided by

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