FF - European Dynamic Growth: Qual Rating Issued

A manager change at Fidelity Funds - European Dynamic Growth isn't cause for alarm.

Muna Abu-Habsa 15 April, 2009 | 10:11AM
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We have published a new Morningstar Qualitative Rating and Research Report for Fidelity Funds - European Dynamic Growth.

"Fabio Riccelli took over in November 2008 following the departure of Trygve Toraasen, who delivered strong returns during his eight-year tenure. Riccelli is no stranger to Fidelity: he has worked at the firm for over 10 years and climbed up the analyst ranks to assume his first portfolio management stint alongside Colin Stone in December 2004. Riccelli assisted Stone for a year and was then handed a pool of assets in Stone's European Smaller Companies fund to manage. He continues to run those assets, which now account for 20% of the European Smaller Com

panies portfolio. We think highly of Stone and..."

The full four page pdf report can be accessed here. It is free to users of Morningstar.co.uk.

The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell a security or securities noted within nor should it be viewed as a communication intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. The information contained within should not be a person's sole basis for making an investment decision. Please contact your financial professional before making an investment decision.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
Fidelity European Dynamic Gr A-Dis-EUR85.52 EUR-0.47Rating

About Author

Muna Abu-Habsa  is a senior investment research analyst at Morningstar

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