Fact sheet: Fidelity European

Fund information

Fund name
Fidelity European A Acc EUR
Fund company manager
Fidelity International (FIL In
Fund type
SIB
Fund manager
Rita Grewal
since 12/12/2005
Fund objective
Aims to provide long-term capital growth with the level of income expected to be low. At least 70% invested in shares of companies which have either their head office in or are quoted on stock exchanges of a European Union (EU) member state or a European Economic Area (EEA) member state. The fund may also invest up to 25% of its net assets in non-EU/EEA equity markets (other OECD countries and emerging markets). 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
Investment style
Growth
Investment method
Shares

Performance snapshot

Quick stats

1 Year return

13.99 %

1 Year rank in sector

106/224

Sector

FO Equity - Europe inc UK

Yield
-
Fund size

£ 289.0 m

FE Risk score

102

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • UK
    29.7%
  • France
    17.2%
  • Germany
    11.9%
  • Ireland
    9.8%
  • Switzerland
    6.4%
  • Financials
    21.2%
  • Consumer Staples
    15.3%
  • Consumer Discretionary
    12.1%
  • Materials
    10.2%
  • Industrials
    8.3%
  • UK Equities
    29.7%
  • French Equities
    17.2%
  • German Equities
    11.9%
  • Irish Equities
    9.8%
  • Swiss Equities
    6.4%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund3.4 %4.29 %13.99 %16.77 %51.73 %
Sector1.95 %4.41 %13.83 %19.44 %56.69 %
Rank within sector37 / 235114 / 231106 / 224119 / 198112 / 173
Quartile th1 st2 nd2 nd3 rd3 rd

Calendar performance

YTD-20172016201520142013
Fund7.48 %-0.47 %9.64 %5.64 %21.18 %
Sector9.47 %-0.56 %11.08 %4.22 %21.06 %
Rank within sector154 / 230110 / 219112 / 20089 / 19298 / 177
Quartile th3 rd3 rd3 rd2 nd3 rd

Risk statistics

Alpha-0.97
Beta0.99
Sharpe0.11
Volatility12.77
Tracking error3.24
Information ratio-0.32
R-Squared0.93

Price movement

52 week high16.33
52 week low13.38
Current bid price0
Current offer price0
Current mid price15.81

Holdings by region

  • 29.7% UK
  • 17.2% France
  • 11.9% Germany
  • 9.8% Ireland
  • 6.4% Switzerland
  • 6.1% Denmark
  • 4.9% Italy
  • 3.5% Others
  • 3.2% Netherlands
  • 2.7% Money Market

Holdings by sector

  • 21.2% Financials
  • 15.3% Consumer Staples
  • 12.1% Consumer Discretionary
  • 10.2% Materials
  • 8.3% Industrials
  • 8.2% Energy
  • 7.9% Information Technology
  • 7.6% Telecommunications Utilities
  • 3.3% Utilities
  • 3.2% Real Estate

Holdings by asset type

  • 29.7% UK Equities
  • 17.2% French Equities
  • 11.9% German Equities
  • 9.8% Irish Equities
  • 6.4% Swiss Equities
  • 6.1% Danish Equities
  • 4.9% Italian Equities
  • 3.5% International Equities
  • 3.2% Dutch Equities
  • 2.7% Money Market

Individual holdings

  • 4.7% NESTLE SA
  • 4.4% ROYAL DUTCH SHELL
  • 3.1% ROCHE HLDG AG
  • 2.8% BRITISH AMERICAN TOBACCO
  • 2.6% BAYER AG
  • 2.6% NOVO-NORDISK AS
  • 2.5% SANOFI
  • 2.4% BP
  • 2.1% ING GROEP N.V.
  • 2.1% LINDE AG