Fidelity Index Europe ex UK P GBP Income

The fund aims to track the performance of the MSCI Europe ex UK (Gross Total Return) Index over 5 years or more, seeking to increase the value of investors' investments.

The fund achieves exposure to the MSCI Europe ex UK Index through an index tracking (passive) investment approach, investing directly in company shares and indirectly using derivatives, such as exchange traded index futures. It may not invest in every company share in the index or at its weighting within the index for practical reasons or to reduce dealing costs.

Risks associated with the fund include market risk, liquidity risk, and derivative risk. Market risk arises from fluctuations in the value of investments due to market conditions. Liquidity risk refers to the possibility that the fund may not be able to sell an investment quickly at a fair price. Derivative risk arises from the use of derivatives, which can amplify losses and gains. Investors should carefully consider these risks before investing in the fund.

https://www.fidelity.co.uk/factsheet-data/factsheet/GB00BP8RYD86-fidelity-index-europe-ex-uk-fd-p-income/performance