Fidelity Index Europe ex UK P Accumulation

The Fidelity Index Europe ex UK Fund primarily holds a diversified mix of large and mid-cap European companies outside the United Kingdom, closely reflecting the MSCI Europe ex UK Index. To track the index effectively, the fund invests directly in these company shares and uses derivatives like index futures to maintain full market exposure and manage transaction costs. Additionally, it may include liquidity funds to efficiently handle cash positions, ensuring the portfolio stays aligned with the performance of developed European markets excluding the UK.