Fidelity Funds – European Growth Fund Review
Fidelity Funds – European Growth Fund aims to provide long-term capital growth with the level of income expected to be low. At least 70% invested in the shares of companies quoted on European stock exchanges. Has the freedom to invest outside the fund’s principal geographies, market sectors, industries or asset classes. May invest in assets directly or achieve exposure indirectly through other eligible means including derivatives.
Fidelity Funds – European Growth Fund can use derivatives with the aim of risk or cost reduction or to generate additional capital or income, including for investment purposes, in line with the fund’s risk profile. The fund has discretion in its choices of investments within its objectives and policies. Income is accumulated in the share price. Shares can usually be bought and sold each business day of the fund.
Fidelity Funds – European Growth Fund may not be appropriate for investors who plan to sell their shares in the fund within 5 years. Investment in the fund should be regarded as a long-term investment.
Fidelity Funds – European Growth Fund invests principally in equity securities quoted on European stock
Who is Fidelity Funds – European Growth Fund suitable for?
Fidelity Funds – European Growth Fund is only suitable for investors who:
- seek a fund that aims to provide investors with long-term capital growth
- wish to participate in equity markets while being prepared to accept the risks described under the “Key Risks” section below
- seek long term investment.
Dividend or Income payout frequency: N.A.
For additional assessments on product suitability, please obtain professional advice from a qualified Financial Advisor.
What are the key risks of Fidelity Funds – European Growth Fund?
The value of Fidelity Funds – European Growth Fund and its dividends and coupons (if any) may rise or fall. You may lose some or all of your investment depending on the performance of the underlying securities. Factors that may affect the performance of these securities include, without limitation, market risks, fluctuations in interest rates and foreign exchange rates, political instability, exchange controls, changes in taxation and foreign investment policies.
Some of the key risks associated with Fidelity Funds – European Growth Fund are described below:
Market and Credit Risks
- You are exposed to Fluctuations in Value Risk
- You are exposed to Foreign Currency Risk
- You are exposed to Liquidity Risk
- You are exposed to Equities Risk
- You are exposed to Derivatives Risk
Investment Fees and Charges
For a limited time (Until 31 Dec 2020), speak to a MAS licensed Independent Financial Advisor which has committed to offering our readers a flat 1% Subscription fee (Initial Sale Charge) for all Unit Trust Funds investment.
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Where can I get more details about Fidelity Funds – European Growth Fund
- Fidelity Funds – European Growth Fund Fact Sheet (Open in New Window)
- Fidelity Funds – European Growth Fund Product Highlight Sheet (Open in New Window)
- Speak to a licensed Independent Financial Advisor.
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