Fidelity Funds - Strategic European Fund I-Acc-EUR

The fund aims to achieve capital growth over the long term by investing in quality companies at attractive prices, with a focus on alpha generation and flexibility to invest in European stocks, a market neutral component, or cash via money market instruments.

The fund is exposed to European equities and euro-denominated cash, with the flexibility to invest across different countries in Europe, including emerging markets. The portfolio may be concentrated in exposure to a limited number of companies, with allocation made across three core investment strategies: long equity, market neutral equity, and cash allocation.

This fund is classified as a medium risk product, with a risk indicator of 3 out of 7. Potential losses from future performance are rated at a medium level, and poor market conditions could impact the capacity to pay investors. Returns may fluctuate due to currency movements, and there is no protection from future market performance, meaning investors could lose some or all of their investment. Charges and expenses associated with the fund may reduce the potential growth of investments.

https://www.fidelity.lu/funds/factsheet/LU2342928111