Fidelity European Accumulation Units
At a glance
| Initial charge | 3.50% |
|---|---|
| Initial saving | 3.00% |
| Annual charge | 1.50% |
| Annual saving | 0.200% ² |
| Total Expense Ratio | 1.71% |
| Launch date | 04-11-1985 |
| Launch price | £0.25 |
| Sector | Europe Excluding UK |
| Fund size | £3,072 million |
| Number of holdings | 112 |
| Fund type | OEIC |
| Type of units | Accumulation |
Ways to Invest
Find out how to invest in this fundHL Research - Our view on this Fund
Although stockmarkets around the world have been exceptionally volatile over the last year, this fund has held up well against its peers. Tim McCarron has ensured the fund has stayed away from the major blow ups in the financial sector which has helped. Furthermore, the bias in the healthcare and utility sectors has also helped as Tim McCarron favours the stability of their earnings in this more challenging environment.
Full research
About the Fund Manager
Timothy McCarron
Located in: London
Born: 14.09.1962. Investment Experience: 10 years. Education: BA Natural Sciences, Magdalene College, Cambridge, 1983.MS Metallurgy, Vanderbilt University, USA, 1985.MBA, London Business School, 1993.Career History - Fidelity:1993-1996 Research Analyst,1996 Portfolio Manager.
Income details
| Historic yield | 0.55% |
|---|---|
| Income paid | Annually |
| Type of payment | Dividend |
All yields are variable and not guaranteed. There is currently no yield information available for this fund.
Distribution dates
| Ex-dividend date | 01 March 2009 |
|---|---|
| Payment date ³ | 30 April 2009 |
Top 10 holdings
| Roche Holding AG Part. Cert. | 4.40% |
|---|---|
| Novartis AG | 3.80% |
| Zurich Financial Services AG | 3.75% |
| BNP Paribas S.A. | 2.64% |
| Vodafone Group | 2.52% |
| Koninklijke Ahold N.V. | 2.50% |
| Deutsche Boerse AG | 2.37% |
| Muenchener Rueckversicherungs-Gesellschaft AG | 2.30% |
| ENI S.p.A. | 2.29% |
| Linde AG | 2.24% |
Top 10 sectors
| Pharmaceuticals & Biotechnology | 18.28% |
|---|---|
| Nonlife Insurance | 13.00% |
| Banks | 9.54% |
| Oil & Gas Producers | 6.79% |
| Gas, Water & Multiutilities | 4.68% |
| Fixed Line Telecommunications | 4.26% |
| Financial Services | 4.18% |
| Mobile Telecommunications | 3.93% |
| Health Care Equipment & Services | 3.70% |
| Industrial Engineering | 3.69% |
Top 10 countries
| Germany | 18.78% |
|---|---|
| Switzerland | 17.85% |
| France | 17.78% |
| Italy | 9.54% |
| Netherlands | 8.22% |
| Spain | 3.35% |
| United Kingdom | 3.02% |
| Austria | 2.85% |
| Greece | 2.55% |
| Finland | 2.16% |
² Annual saving is not available in the SIPP.
³ If you elect to receive the income from a Vantage ISA, Fund or Share Account, we will collect any dividends for you and then pay them directly into your bank account within the first 10 working days of the following month.
Last valuation as at 07-01-2009. Data accurate as at 30/11/2008.
