Page 31 - DIY Investor Magazine | Issue 36

Built to stand the test of time
FIDELITY EUROPEAN TRUST PLC
31
Dec 2022
DIY Investor Magazine ·
This investment trust is built on companies with well-formed, long-standing foundations.
Europe is home to some of the strongest, most stable and resilient companies. These global household names are famed for standing the test of time, even through periods of economic uncertainty.
Using Fidelity’s extensive research team, portfolio manager Sam Morse aims to select well-established European companies with proven business models, attractive valuations and the ability to grow dividends both now and in the future. It’s these classic giants with market-beating potential that have helped the investment trust outperform the index over the long term.
The value of investments can go down as well as up and you may not get back the amount you invested. Overseas investments are subject to currency fluctuations.
This trust uses financial derivative instruments for investment purposes, which may expose the fund to a higher degree of risk and can cause investments to experience larger than average price fluctuations.
To find out more, scan the QR code,
visit fidelity.co.uk/europe or speak to your adviser.
2021 EUROPEAN EQUITY – ACTIVE
PAST PERFORMANCE
Feb 17– Feb 18– Feb 19– Feb 20– Feb 21– Feb 18 Feb 19 Feb 20 Feb 21 Feb 22
Net Asset Value 16.2% 2.4% 10.8% 11.3% 15.7%
Share Price 20.5% 2.8% 11.6% 13.9% 15.9%
FTSE World Europe ex-UK Total Return Index
12.7% -3.3% 6.5% 14.4% 8.9%
Past performance is not a reliable indicator of future returns.
Source: Morningstar as at 28.02.2022, bid-bid, net income reinvested.
©2022 Morningstar Inc. All rights reserved. The FTSE World Europe ex-UK Total Return Index is a comparative index of the investment trust.
The latest annual reports, key information document (KID) and factsheets can be obtained from our website at www.fidelity.co.uk/its or by calling 0800 41 41 10. The full prospectus may also be obtained from Fidelity. The Alternative Investment Fund Manager (AIFM) of Fidelity Investment Trusts is FIL Investment Services (UK) Limited. Issued by Financial Administration Services Limited, authorised and regulated by the Financial Conduct Authority. Fidelity, Fidelity International, the Fidelity International logo and F symbol are trademarks of FIL Limited. UKM0322/370536/SSO/0622