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FIDELITY FUNDS EURO BOND A EUR - Fund overview

No Bestinvest rating


Overview of FIDELITY FUNDS EURO BOND A EUR

Fidelity Funds Euro Bond Fund aims to provide an attractive income with the possibility of capital growth. The fund invests primarily in both government and nongovernment bonds issued in countries that are members of the European Monetary Union (EMU) and primarily denominated in euros or the national currency of an EMU member. The non-government portion includes bonds issued by government agencies and supranational organisations, as well as corporate bonds.

Standard Initial Charge

5.25% 1.25%

Fund summary

Sector  –
Product type  OFFSHORE FUND
Launched  October, 1990
Size  £248m
Yield 2.5%
Charging basis  –
Dividends paid  –
Bid price 934.40p

Fund Charges

Standard Initial charge 5.25%
Initial charge via Bestinvest 1.25%
Additional bid/offer spread 0.00%
Annual management charge 0.75%
Total expense ratio 1.05%
Reduction in yield (10yr) 1.17%

Bestinvest says


No information available.

Portfolio

fidelity funds euro bond a eur asset allocation illustration
Allocation Proportion
Equity
High yield bonds 100%
Quality bonds
Property
Commodities
Hedge
Fund cash
fidelity funds euro bond a eur equity geographic illustration
Allocation Proportion
UK
Europe 100%
Nth America
Japan
Pacific
Other Equity
fidelity funds euro bond a eur equity capitalisation illustration
Allocation Proportion
Large Caps 86%
Mid Caps 13%
Small Caps 1%

Investment process


The manager uses a process that aims to produce higher returns with lower volatility on a consistent basis. The manager believes macro-economic factors, including interest rates, are difficult to predict consistently and as a result traditional 'top-down' management leads to higher relative risk. Whilst the manager is aware of the influences of the macro-economic environment, the investment process is not based on 'topdown' strategies. Instead, the duration of the fund is kept fairly neutral to its benchmark index, with value added through a multi-strategy approach involving various credit and yield curve strategies.

The value of your investments and the income from them can go down as well as up, and you can get back less than you originally invested. Past performance or any yields quoted should not be considered reliable indicators of future returns. Before investing in funds please check the specific risk factors on the key features document or refer to our risk warning notice as some funds can be high risk or complex; they may also have risks relating to the geographical area, industry sector and/or underlying assets in which they invest. Prevailing tax rates and relief are dependent on your individual circumstances and are subject to change.

Bestinvest (Brokers) Ltd & Bestinvest (Consultants) Ltd are authorised and regulated by the Financial Services Authority. This site is for UK Investors only

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