Fidelity Funds - Italy Fund Y-ACC-Euro


Buy/Sell Price  (as of 02/12/2016) €8.235   Day Change :  -0.08%     Fund Code:  YIFL 

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

Alberto joined Fidelity in July 2006 as an equity research analyst, working from Fidelitys Milan office, focusing on small and mid cap Italian stocks. In October 2008 Alberto became Portfolio Manager for FF Italy Fund, and from August 2011 the Portfolio Manager of FF Switzerland Fund. Prior to joining Fidelity, he spent 8 years working as an equity analyst with Euromobiliare SIM (currently Equita SIM), Italy, covering Italian media, building materials and transport sectors. Alberto is a CFA Charterholder.
Investment HouseFidelity
Fund ProviderFidelity (FIL Inv Mgmt (Lux) S.A.)
ManagerAlberto Chiandetti   Biography

Fund Objective The objective of Fidelity Funds Italy Fund is to achieve long-term capital growth through investment in a diversified portfolio of primarily Italian equities. The fund manager aims to achieve long-term steady outperformance of the benchmark index.

Key Statistics

Fund Status
Fund TypeOFFSHORE
ISINLU0318940342
12-Month NAV High €10.29
12-Month NAV Low €7.60
Fund Comparative Index -
Morningstar CategoryTMItaly Equity
Dividend FrequencyYearly
Historic Yield -

Annual Charges

Morningstar ratings

 as of  31/10/2016
Overall5 star
3 Years4 star
5 Years5 star
10 YearsN/A

One or more funds cannot be shown as they have less than one year of performance data.

Growth of £1000 Help

 as of  02/12/2016

Past Performance (%) Help

as of 

This Fund

     
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Fund versus Morningstar Category

     
9.445.482.17-0.082.29
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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