Page 15 - DIY Investor Magazine | Issue 31

Built to stand the test of time FIDELITY EUROPEAN TRUST PLC 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. Past performance is not a reliable indicator of future returns. 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. The shares in the investment trust are listed on the London Stock Exchange and their price is affected by supply and demand. The investment trust can gain additional exposure to the market, known as gearing, potentially increasing volatility. To find out more, scan the QR code, visit fidelity.co.uk/europe or speak to your adviser. 2021 EUROPEAN EQUITY – ACTIVE PAST PERFORMANCE Sep 16– Sep 17– Sep 18– Sep 19– Sep 20– Sep 17 Sep 18 Sep 19 Sep 20 Sep 21 Net Asset Value 19.7% 9.7% 8.5% 6.2% 20.1% Share Price 26.4% 8.1% 9.3% 8.8% 20.7% FTSE World Europe ex-UK Total Return Index 22.7% 2.0% 6.4% 0.4% 22.0% Past performance is not a reliable indicator of future returns. Source: Morningstar as at 30.09.2021, bid-bid, net income reinvested. ©2021 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 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. UKM1021/37078/SSO/0122