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Fidelity Funds - Italy Fund Y-Acc-EUR

10.19
0.03 / 0.29%
7.60 - 10.25+0.18
NAV in EUR1-day change52-week range3-yr sharpe ratio

As of market close May 26 2017.

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Total returns on £1,000

As of May 25 2017.Fund performance

Objective

The investment seeks to provide long-term capital growth by investing principally in Italian equity securities. The fund shall invest at least 70% of its assets in shares issued by companies not engaged in real estate business, which are resident in Italy or in another EU or EEA Member State with a permanent establishment in Italy. At least 30% of these shares, which corresponds to 21% of the fund’s assets, shall be issued by companies which are not listed in the FTSE MIB index or in any equivalent indices. The fund cannot invest more than 10% of its assets in financial instruments issued by, or entered into with the same company, or companies belonging to the same group, or in cash deposits. It cannot invest in financial instruments issued by companies which are not resident in countries that allow an adequate exchange of information with Italy.

Profile

Fund typeSICAV
Investment style (stocks)
Market Cap: Large
Investment Style: Blend
Income treatmentAccumulation
Morningstar categoryItaly Equity
IMA sector
Launch date22/10/2007
Price currencyEUR
DomicileLuxembourg
ISINLU0318940342
Manager & start date
Alberto Chiandetti
01/10/2008

Investment

Pricing frequencyDaily
Fund size
707.86m GBPAs of Apr 30 2017
Share class size
184.92m GBPAs of Apr 30 2017
Net expense ratio1.07%
Initial charge--
Max annual charge0.80%
Exit charge0.00%
Min. initial investment--
Min. additional investment--
Min. regular investment--
UK ISAYes
Available for saleAustria, Bahrain, Denmark, Finland, France, Germany, Guernsey, Iceland, Ireland, Italy, Jersey, Luxembourg, Netherlands, Norway, Oman, Poland, Qatar, Singapore, Spain, Sweden, Switzerland, United Kingdom

Diversification

Asset type

Non-UK stock
97.50%
UK stock
1.91%
Cash
0.57%
Bond
0.01%
Other
0.00%

Top 5 sectors

Financial Services
37.50%
Consumer Cyclical
16.68%
Industrials
11.35%
Utilities
11.25%
Energy
8.91%

Top 5 Regions

Eurozone
95.44%
United States
2.07%
United Kingdom
1.91%

Sector and region weightings are calculated using only long position holdings of the portfolio.

Sector & regional holdings

Top 5 holdings

Company1 year
change
Portfolio
weight
Long
allocation
UniCredit SpA+9.98%9.79%
Enel SpA+17.10%9.02%
Eni SpA+3.10%7.69%
Intesa Sanpaolo+10.45%6.98%
Telecom Italia SpA-0.81%4.93%
As of Mar 31 2017.Data delayed by at least 15 minutes.Top 10 holdings

The performance data shown in tables and graphs on this page is calculated in GBP of the fund/index/average (as applicable), on a Bid To Bid / Nav to Nav basis, with gross dividends re-invested on ex-dividend date. Past performance is not necessarily a guide to future performance; unit prices may fall as well as rise.

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