Fidelity Funds - Fidelity Target 2035 (Euro) Fund A-Euro


Buy/Sell Price  (as of 26/09/2016) €29.04   Day Change :  -1.43%     Fund Code:  ETAGF 

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.

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Biography

Biography

Eugene Philalithis joined Fidelity in 2007 as a Portfolio Manager, with a focus on fixed income and alternatives. Eugene manages a number of multi asset funds with internal and open architecture for both retail and institutional clients. He has currently 17 years of investment experience which includes Russell Investment in London and Canadian Imperial Bank of Commerce in Singapore. Eugene has a Bachelor or Engineering and an MBA, both from Imperial College, London.
Investment HouseFidelity
Fund ProviderFidelity (FIL Inv Mgmt (Lux) S.A.)
ManagerJoo Hee Lee  
ManagerEugene Philalithis   Biography

Fund Objective The fund aims to provide long-term capital growth for Euro investors planning to withdraw substantial portions oftheir investment in the year 2035. The fund will typically invest in a wide range of investments coveringmarkets throughout the world and providing exposure to bonds, equities, interest bearing securities andmoney market securities as well as instruments providing exposure to commodities, in accordance with an asset allocation that will become increasingly conservative as the year 2035 is approached. The Euro to which the name of the fund refers is a currency of reference and not a currency of investments. Accordingly, the fund may also invest its assets in currencies other than the Euro.

Key Statistics

Fund Status
Fund TypeOFFSHORE
ISINLU0251118260
12-Month NAV High €30.66
12-Month NAV Low €24.55
Fund Comparative IndexMSCI Europe NR USD (75) MSCI World Ex Europe NR USD (25)
Morningstar CategoryTMTarget Date 2031 - 2035
Dividend FrequencyYearly
Historic Yield -

Annual Charges

Morningstar ratings

 as of  31/08/2016
Overall3 star
3 Years3 star
5 Years3 star
10 Years2 star

Growth of £1000 Help

 as of  26/09/2016

Past Performance (%) Help

as of 

This Fund

     
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Fund versus Morningstar Category

     
-1.654.190.006.00-0.76
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.

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