Fidelity European I Inc
|Bid Price||-||Offer Price||-|
|Mid Price||GBX 100.50||Day Change||GBX -0.40 (-0.40%)|
|Price Date||21 Oct 2016||Crown Rating|
|Shares Class||Inc.||Yield||0.00 %|
|Total Expense Ratio||0.00||Fund Size||2,313,000,000.00|
|Launch Date||04/11/1985||Standard Initial Charge (%)||0.00|
|Annual Management Charge (%)||0.75||Sector||IMA UK Equity Income|
|Min Investment (£)||10,000,000.00||Total Expense Ratio (%)||0.00|
|ISIN||GB00BD7XZ185||Min TopUp (£)||100,000.00|
The fund aims to provide long-term capital growth. It invests primarily in the shares of continental European companies. The portfolio is likely to have a bias towards medium-sized and smaller companies and has the freedom to invest outside the fund's principal geographies, market sectors, industries or asset classes. It can use derivatives with the aim of risk or cost reduction or to generate additional capital or income in line with the fund's risk profile.
Sam Morse assumed responsibility for the Fidelity European Fund on 1 January 2010. Sam joined Fidelity in 1990 and spent seven years with the company as a research analyst, covering pan-European retail stocks, and then as a portfolio manager, running funds including Fidelity Income Plus Fund, Fidelity Growth and Income Fund and Fidelity MoneyBuilder Growth Fund. He then left Fidelity to be Head of UK Equities at M&G. Sam returned to Fidelity in 2004 to manage UK equities for institutional clients. He managed the Fidelity MoneyBuilder Growth Fund from December 2006 for three years. On 1st January 2010, Sam handed over his UK equity portfolios to new managers and took on responsibility of the FIF European Fund. Sam has an MBA from INSEAD and a BA from the University of North Carolina.