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Fidelity Funds - Inst European SmrCos I-ACC-EUR

Ranked 39 out of 86 in - European Small & Medium Companies over 12 months
All calculations are in GBP unless stated

Managed by

Colin Stone

Before entering the world of investment management, Colin Stone took a masters in engineering from Cambridge. He went on to complete an MEng Engineering at Herriot-Wyatt University in 1984 and then worked as a petroleum engineer for Britoil. Stone joined Fidelity as a research analyst in 1987 and became a portfolio manager three years later. He looks for companies that are under-researched or not adequately understood, and consequently undervalued. Companies at the forefront of niche markets are also ones that he prefers. This investment approach is applied to his Fidelity European Smaller Companies fund. He is also responsible for the Fidelity European Opportunities unit trust and several institutional funds.

Objective

Aims to provide long-term capital growth with the level of income expected to be low. At least 70% invested in shares of small and medium sized European companies. Has the freedom to invest outside the fund's principal geographies, market sectors,industries or asset classes.Can use derivatives with the aim of risk or cost reduction or to generate additional capital or income in line with the fund's risk profile.The fund has discretion in its choices of investments within its objectives and policies.

Showing fund performance in United Kingdom View performance globally

Performance

European Small & Medium Companies over : 31/03/2018 - 31/03/2019

Total Return

Quarterly Performance

to 31/03/2019 Annual Q1 Q2 Q3 Q4
2019 6.1%
2018 -11.6% -2.3% 7.2% -0.6% -15.1%
2017 24.8% 6.9% 8.1% 4.8% 3.1%
2016 13.4% -1.1% -0.7% 13.4% 1.8%
2015 24.8% 9.7% 2.4% 2.1% 8.9%
2014 -5.4% 2.9%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

31/12/2018

Top 10 Holdings

Stock Size
Takeaway.com NV ORD 2.48%
Basic Fit NV ORD 1.60%
Scout24 AG ORD 1.53%
4imprint Group PLC ORD 1.50%
Rubis SCA ORD 1.48%
Puma SE ORD 1.44%
Buzzi Unicem SpA ORD 1.42%
Just Eat PLC ORD 1.36%
WashTec AG ORD 1.22%
Aroundtown SA ORD 1.21%
31/12/2018

Registered For Sale In

  1. Austria
  2. Germany
  3. Italy
  4. Luxembourg
  5. Spain
  6. Sweden
  7. Switzerland
  8. United Kingdom

Fund Info

  • Launch date25/06/2014
  • Share Class size134Mn
  • Base currencyEUR
  • ISIN LU1075904802

Purchase Info

  • Min. initial investment10Mn
  • Min. regular additional investment0

Charges

  • Annual management0.80%
  • Initial investment0.80%

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).