Fidelity Funds - Sustainable Europe Equity Fund A-Acc-USD (hedged)
Fund
ISIN LU0997586432 / Valor 23399136
NAV (2024-10-18)
USD 18.83+0.21%
Fidelity Funds - Sustainable Europe Equity Fund A-Acc-USD (hedged)
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General Objective
The fund aims to provide long-term capital growth with a low level of expected income. It focuses on investing in blue chip companies in countries that are members of the Economic Monetary Union, with at least 70% denominated in Euro. The fund has the flexibility to invest outside its principal geographies, market sectors, industries, or asset classes.
Fund Exposure
The fund is exposed to European equity markets through the highest conviction ideas of Fidelity’s European equity research team. It primarily invests in blue chip companies within the Economic Monetary Union, with a focus on maximizing stock-specific contribution to risk and return while minimizing style exposures. The fund has the freedom to invest outside its principal geographies, market sectors, industries, or asset classes.
Risks
Investors should be aware that the value of investments in the fund may fluctuate, and there is a risk of not getting back the amount invested. The use of financial derivative instruments within the fund may result in increased gains or losses. Past performance is not a reliable indicator of future results, and the fund's returns can be affected by fluctuations in currency exchange rates.