Fact sheet: Fidelity Eurp Dyn Gth

Fund information

Fund name
Fidelity European Dynamic Growth W GBP
Fund company manager
Fidelity International (FIL In
Fund type
SIB
Fund manager
Fabio Riccelli
since 17/11/2008
Fund objective
Aims to provide long-term capital growth with the level of income expected to be low. At least 70% invested in the shares of companies that have their head office or a main part of their activity in Europe. Has the freedom to invest outside the fund's principal geographies, market sectors, industries or asset classes. Typically has a bias to medium size company shares with a market capitalisation range of 1 to 10 billion Euros. 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. Currency hedging is used to substantially reduce the risk of losses from unfavourable exchange rate movements on holdings in currencies that differ from the dealing currency. Hedging also has the effect of limiting the potential for currency gains to be made. 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

22.14 %

1 Year rank in sector

-

Sector

FO Equity - Europe inc UK

Yield
-
Fund size

£ 1.4 b

FE Risk score

101

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • UK
    27.8%
  • France
    23.4%
  • Germany
    13.5%
  • Spain
    10.1%
  • Switzerland
    9.5%
  • Industrials
    25.5%
  • Information Technology
    24.9%
  • Health Care
    22.9%
  • Consumer Staples
    8.5%
  • Consumer Discretionary
    6.8%
  • UK Equities
    27.8%
  • French Equities
    23.4%
  • German Equities
    13.5%
  • Spanish Equities
    10.1%
  • Swiss Equities
    9.5%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-1.81 %16.1 %21.58 %63.92 %115.83 %
Sector-1.08 %8.48 %15.01 %21.64 %64.26 %
Rank within sector / / / / /
Quartile th th th th th th

Calendar performance

YTD-20172016201520142013
Fund17.14 %16.09 %18.81 %0 %0 %
Sector9.26 %-0.56 %11.08 %4.22 %21.06 %
Rank within sector / / / / /
Quartile th th th th th th

Risk statistics

Alpha12.66
Beta0.58
Sharpe1.19
Volatility10.81
Tracking error9.92
Information ratio0.98
R-Squared0.44

Price movement

52 week high1.607
52 week low1.265
Current bid price0
Current offer price0
Current mid price1.572

Holdings by region

  • 27.8% UK
  • 23.4% France
  • 13.5% Germany
  • 10.1% Spain
  • 9.5% Switzerland
  • 7.3% Denmark
  • 2.6% Others
  • 2.2% Netherlands
  • 2% Sweden
  • 1.6% Money Market

Holdings by sector

  • 25.5% Industrials
  • 24.9% Information Technology
  • 22.9% Health Care
  • 8.5% Consumer Staples
  • 6.8% Consumer Discretionary
  • 3.9% Real Estate
  • 3.4% Materials
  • 2.5% Financials
  • 1.6% Money Market

Holdings by asset type

  • 27.8% UK Equities
  • 23.4% French Equities
  • 13.5% German Equities
  • 10.1% Spanish Equities
  • 9.5% Swiss Equities
  • 7.3% Danish Equities
  • 2.6% International Equities
  • 2.2% Dutch Equities
  • 2% Swedish Equities
  • 1.6% Money Market

Individual holdings

  • 5.5% SAP SE
  • 5% GRIFOLS SA
  • 4.7% EXPERIAN PLC
  • 3.8% L`OREAL
  • 3.4% BRITISH AMERICAN TOBACCO
  • 3.3% NETS AS
  • 2.9% WORLDPAY GROUP PLC
  • 2.7% AMADEUS IT GROUP SA
  • 2.7% SCHINDLER HLDG AG
  • 2.5% NOVO-NORDISK AS