Fidelity Funds - European Growth Fund W-Acc-GBP

A Select 50 Fund - Fidelity insight
Category Europe Large-Cap Blend Equity



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

£1.307

arrow-up£0.02 (+1.55%)

Fund Code

WEGRA

BY2ZF27

LU1235296263

Prices updated as at 16 Oct 2020
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Prices in GBP

Investment objective
The fund’s objective is to invest principally in equity securities quoted on European stock exchanges. The aim of the fund is to provide investors with long-term capital growth from diversified and actively managed portfolios of securities. Unless otherwise specified in the investment objective, the income of the fund is expected to be low. The fund will invest principally (at least 70% and normally 75% in value) in equities in the markets and sectors reflected in the name of the fund and in companies established outside those markets but which derive a significant proportion of their earnings from those markets.

Our view

Profile
Oliver Jarman
Research Analyst

The Fidelity European Growth Fund is managed by Matt Siddle and invests principally in equity securities quoted on European stock exchanges.

Siddle looks for 'quality at an attractive price' and argues that higher quality companies tend to outperform the wider market over the long run while exhibiting lower volatility.

Siddle also likes companies which have strong brands, dominant market positions, robust balance sheets and competent management teams.

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.