FF Euro Bond: Qual. Rating Issued

A new manager at Fidelity Funds-Euro Bond is a step in the right direction, but it’s too soon to have full confidence here.

Nitya Pandalai Nayar 16 December, 2009 | 9:33AM
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We have published a new Morningstar Qualitative Rating and Research Report for FF Euro Bond.

"David Simner took charge of this fund in March 2009. The fund had performed poorly over a significant period of time, so we’re glad to see a new manager at the helm. Simner has a degree of e

xperience--he has been at Fidelity for 13 years, and his background is macro-oriented, which helps with positioning the fund. . ."

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 Euro Bond A-Dis-EUR12.38 EUR0.25Rating

About Author

Nitya Pandalai Nayar  Nitya Pandalai Nayar is an analyst with Morningstar's U.K. research team.

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