Fidelity Funds - European High Yield Fund I-Acc-EUR

Performance History31/12/2020
Growth of 1,000 (GBP) Advanced Graph
Fidelity Funds - European High Yield Fund I-Acc-EUR
Fund26.211.2-4.17.18.0
+/-Cat1.60.9-0.94.41.1
+/-B’mrk-0.20.0-1.42.0-0.1
 
Key Stats
NAV
20/01/2021
 EUR 141.95
Day Change -0.10%
Morningstar Category™ EUR High Yield Bond
ISIN LU0957027591
Fund Size (Mil)
31/12/2020
 EUR 2858.20
Share Class Size (Mil)
20/01/2021
 EUR 444.92
Max Initial Charge -
Ongoing Charge
17/12/2020
  0.74%
*  This rating and report were issued for a different share class of this fund. The performance and fee structure of this class may vary from that referenced.
Morningstar Research
Analyst Report

This strategy has undergone some changes to its management roster over the past few years. Andrei Gorodilov is still the lead portfolio manager but is sharing his position with James Durance as co-portfolio manager as of April 2017 as part of a...

Click here to read this analyst report on the underlying fund.
Morningstar Pillars
PeopleNeutral
ParentPositive
ProcessNeutral
PerformanceNeutral
PriceNegative
Investment Objective: Fidelity Funds - European High Yield Fund I-Acc-EUR
This fund seeks a high level of current income and capital appreciation by investing primarily in high-yielding, sub investment grade securities of issuers that have their head office or who exercise a predominant part of their activity in Western, Central and Eastern Europe (including Russia). This region includes certain countries considered to be emerging markets. The type of debt securities in which the fund will primarily invest will be subject to high risk and will not be required to meet a minimum rating standard. Most but not all will be rated for creditworthiness by an internationally recognised rating agency. The fund is actively managed.
Returns
Trailing Returns (GBP)20/01/2021
YTD0.38
3 Years Annualised3.66
5 Years Annualised9.05
10 Years Annualised-
12 Month Yield 0.00
Management
Manager Name
Start Date
Andrei Gorodilov
01/04/2017
Peter Khan
01/01/2019
Click here to see others
Inception Date
12/08/2013
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Category Benchmark
Fund BenchmarkMorningstar Benchmark
ICE BofAML G HY Eur IsCstd Lv4 20%C HEURBBgBarc Pan Euro HY Euro TR EUR
Target Market
Role In Portfolio
Standalone / CoreNot Specific
ComponentNot Specific
OtherNot Specific
Primary Objective
PreservationNot Specific
GrowthYes
IncomeYes
HedgingNot Specific
OtherNot Specific
Portfolio Profile for  Fidelity Funds - European High Yield Fund I-Acc-EUR30/11/2020
Fixed Income
Effective Maturity9.48
Effective Duration3.50
Morningstar Style Box®
Fixed Income Style
Asset Allocation
  % Long% Short% Net Assets
Stock0.090.000.09
Bond93.515.1488.37
Property0.000.000.00
Cash21.9117.374.53
Other7.010.007.01

Related

In order to provide consistency across the report data provided by different Asset Managers, the calculated data points presented are generated using Morningstar’s proprietary calculation methodology which is set out in more detail at(https://www.morningstar.com/research/signature)

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