Fidelity Funds - Strategic European Fund Y-Acc-EUR
Fund
ISIN LU2342928202 / Valor null
NAV (2024-10-22)
EUR 10.88-0.37%
Fidelity Funds - Strategic European Fund Y-Acc-EUR
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General Objective
The fund aims to achieve capital growth over the long term by investing in European equities and euro-denominated cash and instruments that can be readily converted to cash.
Fund Exposure
The fund is primarily exposed to European equities, with the possibility of investing in emerging markets within the region. The portfolio may be concentrated in a limited number of companies, with up to 100% allocated to European equities and up to 50% to cash and related instruments.
Risks
The fund may be subject to risks associated with investing in equities, including market volatility, currency risk, and concentration risk due to the potential high exposure to a limited number of companies. Additionally, the use of derivatives for hedging and investment purposes may introduce additional risks to the fund. Investors should carefully consider these risks before investing in the fund.