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Fidelity European Opportunities A Acc

Ranked 82 out of 108 in - Europe Excluding UK over 12 months
All calculations are in GBP

Managed by

Alberto Chiandetti

Alberto Chiandetti has been at Fidelity since 2006. He worked for seven years as an equity analyst at Euromobiliare SIM where he focused on the media and transport sectors. Chiandetti adopts a contrarian approach, analysing every company from different points of view and studying not only its competitors, clients and suppliers but also the profits and performance analysis. He runs the Fidelity Funds - Italy Fund.

Objective

The Fund's investment objective is to achieve long term capital growth from a portfolio primarily made up of the shares of continental European companies. The portfolio will be made up of a blend of larger, medium and smaller sized companies. The ACD is not restricted in the choice of company either by size or industry, or in terms of the geographical split of the portfolio, which is largely determined by the availability of attractive investment opportunities rather than the outlook for each market. Derivatives may also be used for efficient portfolio management purposes.

Performance

Europe Excluding UK over : 30/11/2013 - 30/11/2014

Total Return

Quarterly Performance

to 30/09/2014 Annual Q1 Q2 Q3 Q4
2014 2.4% -2.1% -4.0%
2013 19.9% 8.0% -1.6% 6.1% 6.4%
2012 21.5% 14.7% -10.1% 10.8% 6.4%
2011 -20.9% 1.5% 1.5% -26.0% 3.8%
2010 10.6% 5.6% -13.6% 12.7% 7.5%
2009 31.5% -9.3% 15.7% 23.8% 1.3%
2008 -31.8% -8.7% -2.9% -16.8% -7.5%
2007 17.5% 4.3% 5.9% 2.9% 3.4%
2006 20.2% 13.7% -4.5% 2.2% 8.4%
2005 27.7% 4.8% 5.2% 11.7% 3.7%
2004 17.1% 1.1% 1.8% 0.7% 13.0%
2003 33.5% -5.6% 18.8% 7.3% 11.0%
2002 -26.7% 8.3% -16.2% -29.2% 14.0%
2001 -16.2% -9.9% -0.7% -23.1% 21.8%
2000 1.8% 12.2% 0.0% -0.8% -8.6%
1999 23.8% -2.0% 3.1% -4.8% 28.7%
1998 29.2% 20.2% 10.9% -20.1% 21.3%
1997 37.7% 15.7% 9.4% 10.2% -1.3%
1996 13.0% 9.5% 4.9% 0.8% -2.4%
1995 2.3%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

31/10/2014

Top 10 Holdings

Stock Size
Fidelity Institutional Liquidity EUR A Flex Dis 6.09
Sanofi SA ORD 5.72
ROCHE HOLDING G PAR 5.56
Credit Suisse Group AG ORD 3.98
Novo Nordisk A/S ORD 3.67
LVMH Moet Hennessy Louis Vuitton SE ORD 3.41
Volkswagen AG PFD 3.30
ING Groep NV DR 3.22
Thales SA ORD 3.11
KBC Groupe SA ORD 2.88
31/10/2014

Registered For Sale In

  1. France
  2. Guernsey
  3. Ireland
  4. Jersey
  5. United Kingdom

Fund Info

  • Launch date12/09/1988
  • Share Class size368Mn
  • Base currencyGBP
  • ISIN GB0003874913

Purchase Info

  • Min. initial investment100,000
  • Min. additional investment5,000

Charges

  • Annual management1.5%
  • Initial investment3.5

Related News

Colin Stone to step back from Fidelity European Opportunities

Citywire AA-rated Alberto Chiandetti will replace veteran manager Colin Stone on the £432 million Fidelity European Opportunities in October.

Hold or Fold?: Gartmore and Fidelity line up their European funds

Sector watch - Odey's Al-Chalabi bucks negative trend in Europe

Fund Manager of the Day – AA Rated Colin Stone

AA rated by Citywire, Colin Stone has outperformed the average manager consistently and achieved a rating from Citywire for the entire time he has been eligible to receive one.

Serero quits Fidelity

European specialist Thierry Serero has left Fidelity Investments apparently 'to take some time off'.

Fidelity hat-trick for ISA season

Fidelity has packaged three of its core worldwide unit trusts into the Fidelity Triple 2002 ISA, which offers exposure to Europe, the UK and American markets.

Invesco's European small-cap fund downgraded

Claire Griffiths’ Invesco GT European Smaller Companies unit trust has been downgraded by Standard & Poor’s Fund Services from AAA to AA amid concern over its ‘two years of underperformance’.

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