TM CRUX European Special Situations

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TM CRUX European Special Situations Fund I Accumulation GBP

A Select 50 Fund - Fidelity insight
Category Europe ex-UK Equity



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This fund can be held in an Investment ISA, SIPP and Investment Account
Last buy/sell price

288.36p

arrow-up0.48p (+0.17%)

Fund Code

CRSIA

BTJRQ06

GB00BTJRQ064

Prices updated as at 19 Oct 2020
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Prices in GBX

Investment objective
The fund aims to achieve long term capital growth by investing in European (excluding the UK) equities of companies in special situations. The fund invests into a relatively small number of assets, or into individual countries or a specific market sector. Such concentrated portfolios give rise to more risk than where investments are spread across a larger number of assets, countries or market sectors.

Our view

Profile
Oliver Jarman
Research Analyst

The FP CRUX European Special Situations Fund is managed by Richard Pease and James Milne. The fund's objective is to achieve long term capital growth by investing in European (excluding the UK) high quality, resilient growth companies.

Milne and Pease look for the best companies in Europe: those with strong competitive advantages, low capital intensity, competent management teams, and conservative valuations.

In particular, the managers like dividend-paying firms which can grow by making acquisitions, rather than by relying on the rise of the broader economy.

Important Information

Please note the value of investments can go down as well as up so you may get back less than you invested. This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to an authorised financial adviser. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and(3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.