Fact sheet: Fidelity European Value

Fund information

Fund name
Fidelity European Value A Acc EUR
Fund company manager
Fidelity International (FIL In
Fund type
SIB
Fund manager(s)
Hiten Savani
since 01/12/2016
Matt Jones
since 01/12/2016
Fund objective
Aims to provide long-term capital growth with the level of income expected to be low. At least 70% invested in undervalued shares of companies that have their head office or a main part of their activity in Europe. The choice of assets is guided by a value style bias. A value approach focuses on shares that are underpriced according to financial measures. Has the freedom to invest outside the fund's principal geographies, market sectors, industries or asset classes. Investments are concentrated in the shares of a more limited number of companies and therefore the resulting portfolio will be less diversified. May invest in assets directly or achieve exposure indirectly through other eligible means including derivatives. Can use derivatives with the aim of risk or cost reduction or to generate additional capital or income, including for investment purposes, 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
MSCI Europe Value
Investment style
Value
Investment method
Shares

Performance snapshot

Sector
Fund
Sector
Fund
Sector
Fund

Quick stats

1 Year return

10.02 %

1 Year rank in sector

177/227

Sector

FO Equity - Europe inc UK

Yield
-
Fund size

£ 131.0 m

FE Risk score

116

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • UK
    28.3%
  • France
    20.2%
  • Germany
    12%
  • Netherlands
    10%
  • Italy
    8.5%
  • Financials
    34.8%
  • Energy
    14.6%
  • Industrials
    12.2%
  • Consumer Staples
    7.5%
  • Health Care
    6.3%
  • UK Equities
    28.3%
  • French Equities
    20.2%
  • German Equities
    12%
  • Dutch Equities
    10%
  • Italian Equities
    8.5%

Performance vs. Sector

Sector
Fund
Sector
Fund
Sector
Fund

Cumulative performance

1m6m1y3y5y
Fund1.11 %0.88 %10 %20.01 %51.09 %
Sector1.61 %1.28 %13.25 %26.57 %55.68 %
Rank within sector168 / 236119 / 232177 / 227157 / 201114 / 174
Quartile th3 rd3 rd4 th4 th3 rd

Calendar performance

YTD-20172016201520142013
Fund7.8 %0.44 %7.84 %5.04 %23.29 %
Sector11.71 %-0.56 %11.08 %4.22 %21.06 %
Rank within sector182 / 22887 / 217141 / 201106 / 19371 / 175
Quartile th4 th2 nd3 rd3 rd2 nd

Risk statistics

Alpha-3.35
Beta1.26
Sharpe0.07
Volatility15.87
Tracking error5.61
Information ratio-0.36
R-Squared0.92

Price movement

52 week high17.65
52 week low15.79
Current bid price0
Current offer price0
Current mid price17.27

Holdings by region

  • 28.3% UK
  • 20.2% France
  • 12% Germany
  • 10% Netherlands
  • 8.5% Italy
  • 5.7% Switzerland
  • 5.1% Spain
  • 3.3% Money Market
  • 3% Norway
  • 2% Finland

Holdings by sector

  • 34.8% Financials
  • 14.6% Energy
  • 12.2% Industrials
  • 7.5% Consumer Staples
  • 6.3% Health Care
  • 5.2% Utilities
  • 5.1% Information Technology
  • 4.6% Consumer Discretionary
  • 3.8% Materials
  • 3.3% Money Market

Holdings by asset type

  • 28.3% UK Equities
  • 20.2% French Equities
  • 12% German Equities
  • 10% Dutch Equities
  • 8.5% Italian Equities
  • 5.7% Swiss Equities
  • 5.1% Spanish Equities
  • 3.3% Money Market
  • 3% Norwegian Equities
  • 2% Finnish Equities

Individual holdings

  • 5.6% ROYAL DUTCH SHELL
  • 3% BP PLC
  • 2.9% TOTAL SA
  • 2.7% IBERDROLA SA
  • 2.5% ENEL SPA
  • 2.2% RENAULT(REGIE NATIONALE DES USINES)
  • 2.1% LLOYDS BANKING GROUP PLC
  • 2% HSBC HLDGS
  • 2% KONINKLIJKE AHOLD DELHAIZE NV
  • 2% KONINKLIJKE PHILIPS NV