F&C European Growth & Income Fund Acc

Buy/Sell Price  (as of 21/10/2016) £8.598   Day Change :  -0.37%     Fund Code:  RYEUR 

Important documents Before investing please ensure that you have read the Fidelity Key Features Document (incorporating the Fidelity Client Terms) and the fund information documents. These can be found by clicking on the 'Important documents' link.

Our View

Provider Logo


David Moss is a Director, Fund Manager and Head of the European Equities team. From 1998-1999, he focused on UK Equity and prior to that he worked as a Fixed Interest Analyst focusing on the UK Gilt and Non-Gilt Markets. He joined the Group in 1996. David began his career in 1987 at Barclays Bank, where he worked as an Analyst on the Corporate Lending Team, working primarily with recovery situations for small to medium-sized enterprises. David graduated from the University of Loughborough in 1996 with a BSc Economics. He has obtained his ACIB and IIMR qualifications.


Mark Nichols joined Columbia Threadneedle Investments as a Portfolio Manager and Analyst within the European equities team in 2015 and he is the lead portfolio manager. Prior to joining the company, Mark was a fund manager at F&C where he was responsible for the Growth & Income strategies. Prior to that he spent six years at Oechsle International Advisors, where he was a partner and a member of the investment strategy committee. Mark also covered European equities at Lehman Brothers and Invesco.
Investment HouseF&C Management
Fund ProviderF&C (BMO Global Asset Management)
ManagerDavid Moss   Biography
ManagerMark Nichols   Biography

Fund Objective The objective is to provide capital growth and a high level of income. The Manager seeks to achieve this by investing mainly in a spread of European Equities (ordinary shares in companies). The Fund will invest primarily in the main European markets with an emphasis on continental European markets. Investments in the smaller markets may be included. Although a large proportion will be held in leading stocks there will often be included some investments in smaller companies.

Key Statistics

Fund Status
Fund TypeOEIC
12-Month NAV High £8.69
12-Month NAV Low £6.71
Fund Comparative IndexFTSE All World Developed Europe Ex UK TR USD
Morningstar CategoryTMEurope ex-UK Large-Cap Equity
Dividend FrequencyYearly
Historic Yield1.20%

Annual Charges

Morningstar ratings

 as of  30/09/2016
Overall3 star
3 Years2 star
5 Years3 star
10 Years3 star

Growth of £1000 Help

 as of  21/10/2016

Past Performance (%) Help

as of 

This Fund


Fund versus Morningstar Category

Important Information

The value of the fund and the income from it can go down as well as up so you may get back less than you invested. If your fund invests in overseas markets, changes in currency exchange rates may affect the value of your investment. If your fund invests in small and emerging markets, these can be more volatile than other more developed markets. Past performance is not a guide to future returns.
For funds that invest in bonds, please be aware that the price of bonds is influenced by movements in interest rates, changes in the credit rating of bond issuers, and other factors such as inflation and market dynamics. In general, as interest rates rise the price of a bond will fall. The risk of default is based on the issuer's ability to make interest payments and to repay the loan at maturity. Default risk may therefore vary between different government issuers as well as between different corporate issuers.

 Some of the performance and risk data presented may start before the share class was launched. If so, the data prior to the launch date of the share class is based on the fund or share class that has similar or higher charges, in order to provide an indication of longer term performance and risk. Please refer to the launch date and performance start date in the fund factsheet to determine whether the data has been extended.Past Performance and Risk & Volatility figures are presented in British Pounds Sterling (GBP). Fund returns are calculated on a Nav to Nav or Bid to Bid basis with income reinvested either after tax (for UK-domiciled funds) or gross of tax (for offshore funds). Performance figures include the effect of the OCF/TER. To cover distribution costs a separate service fee is now also charged on most funds, which is not included in the past performance figures. Consequently the past performance of the fund may be less than that shown on the chart due to the effect of the service fee.

Nothing to display.