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.
To understand how we calculate the performance figures for all charts and tables below please read the Important Information
Further explanation of each section can be viewed using the icons.
Fund versus Morningstar Category
|Time Period||Total Returns||+/- Category|
|3 Years Annualised||12.33||-3.35|
|5 Years Annualised||21.33||-2.77|
|10 Years Annualised||13.32||-3.37|
Fund Name: Pictet Biotech-I dy GBP
Morningstar Category: Sector Equity Biotechnology
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
A number of statistical calculations measure the volatility and risk adjusted returns of a fund. A definition of each of the measures we use can be found by clicking on the name.