Fact sheet: Fidelity Inst EuroBlueChip

Fund information

Fund name
Fidelity Institutional Euro Blue Chip I Acc EUR
Fund company manager
Fidelity International (FIL In
Fund type
SIB
Fund manager
Alexander Scurlock
since 16/07/2004
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 blue chip companies in countries that are members of the Economic Monetary Union, and at least 70% denominated in Euro. Currently, there are nineteen member countries but if other countries join in the future, then investment in these countries may also be considered for inclusion in the fund. Has the freedom to invest outside the fund's principal geographies, market sectors, industries or asset classes. 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. The fund may only be acquired by Institutional Investors. 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 EMU
Investment style
Growth
Investment method
Shares

Performance snapshot

Quick stats

1 Year return

15.2 %

1 Year rank in sector

80/98

Sector

FO Equity - Europe ex UK

Yield
-
Fund size

£ 88.9 m

FE Risk score

112

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • France
    23.6%
  • Germany
    21.7%
  • Spain
    15.7%
  • Netherlands
    14.8%
  • UK
    6.5%
  • Industrials
    21.1%
  • Financials
    19.7%
  • Information Technology
    16%
  • Health Care
    12.4%
  • Consumer Staples
    6.7%
  • French Equities
    23.6%
  • German Equities
    21.7%
  • Spanish Equities
    15.7%
  • Dutch Equities
    14.8%
  • UK Equities
    6.5%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-2.72 %10.52 %14.87 %20.46 %85.24 %
Sector-1.43 %9.79 %19.25 %28.66 %91.83 %
Rank within sector80 / 10032 / 9880 / 9860 / 8543 / 73
Quartile th4 th2 nd4 th3 rd3 rd

Calendar performance

YTD-20172016201520142013
Fund9.44 %-3.81 %13.57 %5.28 %22.25 %
Sector10.5 %4.14 %12.69 %3.54 %23.24 %
Rank within sector56 / 9882 / 9130 / 8521 / 8247 / 74
Quartile th3 rd4 th2 nd2 nd3 rd

Risk statistics

Alpha-2.05
Beta1.01
Sharpe0.2
Volatility13.15
Tracking error4.01
Information ratio-0.52
R-Squared0.91

Price movement

52 week high267.6
52 week low219.8
Current bid price0
Current offer price0
Current mid price257.3

Holdings by region

  • 23.6% France
  • 21.7% Germany
  • 15.7% Spain
  • 14.8% Netherlands
  • 6.5% UK
  • 4% Not Specified
  • 3.4% Denmark
  • 3% Finland
  • 2.5% Switzerland
  • 2.1% Others

Holdings by sector

  • 21.1% Industrials
  • 19.7% Financials
  • 16% Information Technology
  • 12.4% Health Care
  • 6.7% Consumer Staples
  • 6.2% Telecommunications Utilities
  • 5.3% Energy
  • 3.4% Consumer Discretionary
  • 3.4% Utilities
  • 3% Derivatives

Holdings by asset type

  • 23.6% French Equities
  • 21.7% German Equities
  • 15.7% Spanish Equities
  • 14.8% Dutch Equities
  • 6.5% UK Equities
  • 6.1% International Equities
  • 3.4% Danish Equities
  • 3% Finnish Equities
  • 2.5% Swiss Equities
  • 1.6% Irish Equities

Individual holdings

  • 7.29% SAP SE
  • 4.1% AMADEUS IT GROUP SA
  • 4.06% AXA
  • 3.52% RELX NV
  • 3.4% GENMAB AS
  • 3.36% INDUSTRIA DE DISENO TEXTIL SA
  • 3.35% IBERDROLA SA
  • 3.22% VINCI SA
  • 3.2% KONINKLIJKE PHILIPS NV
  • 3.19% BNP PARIBAS