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Fidelity European A Acc

Ranked 2 out of 9 in - Europe Excluding UK over 12 months
All calculations are in GBP unless stated

Managed by

Samuel Morse

Samuel John Morse holds a double major in economics and English. He was born in London and attended Winchester College before going on to study at the University of North Carolina at Chapel Hill and INSEAD, completing his studies in 1989. A year later he started his investment career at Fidelity where he was an analyst and portfolio manager. After a seven year stint he joined M&G where he was head of equities. He returned to his roots in 2004, re-joining Fidelity where he is currently head of institutional UK equities. When not managing funds Mr Morse enjoys a number of outdoor activities including long walks and football matches. He is also a keen fan of the arts and enjoys the theatre and cinema.

Objective

The Funds investment objective is to achieve long term capital growth from a portfolio primarily made up of the shares of continental European companies. The portfolio is likely to have a bias towards medium-sized and smaller companies. However, the ACD is not restricted in the choice of company either by size or industry, or in terms of the geographical split of the portfolio, which is largely determined by the availability of attractive investment opportunities rather than the outlook for each market.

Showing fund performance in Guernsey View performance globally

Performance

Europe Excluding UK over : 31/08/2017 - 31/08/2018

Total Return

Quarterly Performance

to 30/06/2018 Annual Q1 Q2 Q3 Q4
2018 -4.6% 7.2%
2017 18.4% 5.4% 7.8% 1.9% 2.3%
2016 17.1% 1.2% 4.7% 6.9% 3.4%
2015 5.4% 10.4% -4.1% -5.6% 5.5%
2014 2.7% 2.5% -0.4% -1.4% 2.0%
2013 17.6% 10.2% -0.1% 3.2% 3.4%
2012 23.0% 14.0% -5.8% 7.6% 6.4%
2011 -13.6% 5.0% 1.7% -21.1% 2.6%
2010 10.8% 7.1% -13.8% 12.5% 6.7%
2009 7.8% -15.0% 6.3% 21.0% -1.4%
2008 -21.0% -6.6% 2.4% -14.3% -3.7%
2007 12.7% 4.1% 5.9% 0.9% 1.3%
2006 14.5% 10.4% -4.9% 2.7% 6.2%
2005 29.8% 4.7% 6.4% 12.3% 3.7%
2004 22.5% 0.7% 4.5% 4.9% 11.0%
2003 33.2% -1.8% 17.3% 4.9% 10.3%
2002 -6.3% 10.2% -2.3% -20.9% 10.1%
2001 -11.8% -7.7% 1.8% -16.4% 12.2%
2000 19.0% 11.2% 4.3% -1.0% 3.7%
1999 34.2% -0.3% 7.4% -2.8% 28.9%
1998 22.2% 19.9% 6.4% -20.9% 21.2%
1997 29.3% 14.8% 5.0% 11.0% -3.4%
1996 15.1% 10.2% 2.8% 3.3% -1.7%
1995 22.3% -3.0% 16.1% 8.3% 0.4%
1994 4.4% 7.3% -5.9% 0.8% 2.5%
1993 57.6% 13.9% 8.1% 20.1% 6.6%
1992 6.9% 8.9% -3.5% -0.5% 2.1%
1991 0.5% 6.0% 0.3% -2.8% -2.7%
1990 -23.4% 4.6% -2.6% -22.5% -3.0%
1989 76.5% 18.4% 23.3% 11.1% 8.9%
1988 49.8% 9.0% 16.4% 3.0% 14.6%
1987 -3.0% 9.2% 6.9% 34.8% -38.3%
1986 75.9% 25.2% 7.2% 21.3% 8.1%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

31/07/2018

Top 10 Holdings

Stock Size
Nestle SA ORD 6.21%
Roche Holding AG Par 4.50%
Total SA ORD 3.90%
SAP SE ORD 3.71%
Sanofi SA ORD 3.43%
Novo Nordisk A/S ORD 3.32%
ASML Holding NV ORD 3.32%
L'Oreal SA ORD 2.84%
Sampo Oyj ORD 2.83%
DNB ASA ORD 2.81%
31/07/2018

Registered For Sale In

  1. France
  2. Guernsey
  3. Ireland
  4. Jersey
  5. United Kingdom

Fund Info

  • Launch date04/11/1985
  • Share Class size807Mn
  • Base currencyGBX
  • ISIN GB0003874798

Purchase Info

  • Min. initial investment100,000
  • Min. regular additional investment5,000

Charges

  • Annual management1.50%
  • Initial investment1.50%

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Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).