Fidelity Funds - Sustainable Europe Equity Fund Y-DIST-EUR
ISIN LU0936576759 / Valor 22348213
Fidelity Funds - Sustainable Europe Equity Fund Y-DIST-EUR
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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 the highest conviction ideas of Fidelity’s European equity research team, overseen by experienced portfolio and risk managers. The portfolio construction process aims to maximize stock-specific contribution to risk and return while minimizing style exposures.
Fund Exposure
The fund is characterized by investing at least 70% in the shares of blue chip companies in countries that are members of the Economic Monetary Union, with at least 70% denominated in Euro. It has the flexibility to invest outside its principal geographies, market sectors, industries, or asset classes. The fund may use derivatives for risk or cost reduction, generating additional capital or income, in line with its risk profile.
Risks
Investors should be aware that the value of investments and any income from them may fluctuate, and they may not get 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.
Source
https://www.fidelity.lu/funds/factsheet/LU0088814487
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