Polar Capital European (ex UK) Income Fund

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Polar Capital Funds PLC - Polar Capital European Ex UK Income Fund Class I Inc

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

£10.92/£10.92

arrow-up£0.03 (+0.28%)

Fund Code

POCEI

BWX5D28

IE00BWX5D287

Prices updated as at 22 Oct 2026
|
Prices in GBP
Investment objective
The Fund’s investment objective is to deliver strong long-term risk adjusted returns to achieve both income and capital growth. The Fund will seek to achieve its investment objective by investing in securities of issuers that are incorporated, have their headquarters, or exercise a significant part (greater than 20%) of their economic activities in European markets/ countries (excluding the United Kingdom). The Fund is considered to be actively managed in reference to the Index by virtue of the fact that (i) it uses the Index for performance comparison purposes and (ii) the performance fees payable to the Investment Manager are calculated based on the performance of the Fund against the Index. The Index is considered to be consistent with the investment policy of the Fund. However, the Index is not used to define the portfolio composition of the Fund nor as a performance target and the Fund may be wholly invested in securities which are not constituents of the Index.
Important notice: This product is based overseas and is not subject to UK sustainable investment labelling and disclosure requirements. Please refer to the FCA website which details further information in relation to sustainability disclosure requirements for retail clients.
Important documents: Please ensure that you have read the Key Information Document/Technical Guide or Product Summary document
, Pre-sale Illustrations document & Doing Business with Fidelity document (incorporating the Fidelity Client Terms) and the fund information documents. These can be found within the Charges & documents section.

Portfolio as of 31/08/2026

Asset allocation

Show long & short position

Geographical breakdown

Continent or country allocation (%)

Market classification (%)

Stock style

Large core

35.21%

% Weight
Value
Core
Growth
Large

26

35

1

Medium

5

24

9

Small

0

0

0

Valuation

Polar Capital Funds PLC - Polar Capital European Ex UK Income Fund Class I Inc
Europe ex-UK Equity

15.72

15.72
13.48

1.64

1.64
1.71

2.97

2.97
2.32

8.80

8.80
9.90

Growth rate

Polar Capital Funds PLC - Polar Capital European Ex UK Income Fund Class I Inc
Europe ex-UK Equity

8.48%

8.48%
11.78%

4.18%

4.18%
3.01%

1.29%

1.29%
4.73%

Top 10 holdings

1
TotalEnergies SE
Sector
Oil & Gas Integrated
Country
France
% of assets
4.25474
2
Publicis Groupe SA
Sector
Advertising Agencies
Country
France
% of assets
3.7613
3
Industria De Diseno Textil SA Share From Split
Sector
Apparel Retail
Country
Spain
% of assets
3.59729
4
FinecoBank SpA
Sector
Banks—Regional
Country
Italy
% of assets
3.58566
5
Wolters Kluwer NV
Sector
Specialty Business Services
Country
Netherlands
% of assets
3.20319
6
Kuehne + Nagel International AG
Sector
Integrated Freight & Logistics
Country
Switzerland
% of assets
3.07323
7
Koninklijke KPN NV
Sector
Telecom Services
Country
Netherlands
% of assets
3.04796
8
Hannover Rueck SE Registered Shares
Sector
Insurance—Reinsurance
Country
Germany
% of assets
3.04414
9
Tele2 AB Class B
Sector
Telecom Services
Country
Sweden
% of assets
3.04125
10
Munchener Ruckversicherungs-Gesellschaft AG
Sector
Insurance—Reinsurance
Country
Germany
% of assets
3.03499
Assets in top 10 holdings %

33.64%

Total no. of equity holdings

40.00

Total no. of bond holdings

-

Stock sectors

Polar Capital Funds PLC - Polar Capital European Ex UK Income Fund Class I Inc
Europe ex-UK Equity

30.10%

Basic materials

5.63%
-

Con cyclical

6.01%
-

Financial svs

15.55%
-

Real estate

2.90%
-

55.11%

Comm services

12.99%
-

Energy

5.85%
-

Industrials

34.14%
-

Technology

2.12%
-

14.79%

Con defensive

7.10%
-

Healthcare

2.75%
-

Utilities

4.94%
-


Important Information

Investment values, and income from investments, can go down as well as up, so you may get back less than you invest. This is not a personal recommendation for a specific investment. If you're not sure which investments are suitable for you, consult Fidelity's advisers or another authorised financial adviser.

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