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
Panos Theofilopoulos
since 30/09/2014
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

Quick stats

1 Year return

20.17 %

1 Year rank in sector

25/224

Sector

FO Equity - Europe inc UK

Yield
-
Fund size

£ 125.0 m

FE Risk score

116

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • UK
    33.4%
  • France
    18.7%
  • Germany
    11.3%
  • Netherlands
    9.7%
  • Italy
    8.1%
  • Financials
    37.5%
  • Industrials
    12.7%
  • Energy
    9.5%
  • Health Care
    6.7%
  • Consumer Staples
    6.6%
  • UK Equities
    33.4%
  • French Equities
    18.7%
  • German Equities
    11.3%
  • Dutch Equities
    9.7%
  • Italian Equities
    8.1%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-1.75 %4.28 %20.17 %18.14 %51.62 %
Sector-1.22 %5.83 %12.83 %23.89 %57.51 %
Rank within sector137 / 234147 / 22925 / 224140 / 198110 / 172
Quartile th3 rd3 rd1 st3 rd3 rd

Calendar performance

YTD-20172016201520142013
Fund4.87 %0.44 %7.84 %5.04 %23.29 %
Sector8.54 %-0.56 %11.08 %4.22 %21.06 %
Rank within sector188 / 22990 / 220143 / 202105 / 19368 / 178
Quartile th4 th2 nd3 rd3 rd2 nd

Risk statistics

Alpha-2.48
Beta1.21
Sharpe0.09
Volatility15.8
Tracking error5.55
Information ratio-0.26
R-Squared0.91

Price movement

52 week high17.49
52 week low13.74
Current bid price0
Current offer price0
Current mid price16.8

Holdings by region

  • 33.4% UK
  • 18.7% France
  • 11.3% Germany
  • 9.7% Netherlands
  • 8.1% Italy
  • 6.6% Switzerland
  • 4.1% Spain
  • 2.8% Money Market
  • 2.1% Finland
  • 1.7% Denmark

Holdings by sector

  • 37.5% Financials
  • 12.7% Industrials
  • 9.5% Energy
  • 6.7% Health Care
  • 6.6% Consumer Staples
  • 6.6% Utilities
  • 4.7% Information Technology
  • 4.6% Telecommunications Utilities
  • 4.2% Materials
  • 4.1% Consumer Discretionary

Holdings by asset type

  • 33.4% UK Equities
  • 18.7% French Equities
  • 11.3% German Equities
  • 9.7% Dutch Equities
  • 8.1% Italian Equities
  • 6.6% Swiss Equities
  • 4.1% Spanish Equities
  • 2.8% Money Market
  • 2.1% Finnish Equities
  • 1.7% Danish Equities

Individual holdings

  • 5% ROYAL DUTCH SHELL
  • 2.6% BP
  • 2.4% ENEL SPA
  • 2.4% SANOFI
  • 2.3% IBERDROLA SA
  • 2.3% INTESA SANPAOLO SPA
  • 2.2% VODAFONE GROUP
  • 2.1% CREDIT SUISSE GROUP
  • 2.1% SAMPO
  • 2.1% SOCIETE GENERALE