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Fidelity Funds - European Hi Yld A-EUR-DIS

Ranked 21 out of 22 in - Europe High Yield over 12 months
All calculations are in EUR unless stated

Managed by

Andrei Gorodilov

Objective

This fund seeks a high level of current income and capital appreciation by investing primarily in high-yielding, sub investment grade securities of issuers that have their head office or who exercise a predominant part of their activity in Western, Central and Eastern Europe (including Russia). The type of debt securities in which the fund will primarily invest will be subject to high risk and will not be required to meet a minimum rating standard. Most but not all will be rated for creditworthiness by an internationally recognised rating agency.

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Performance

Europe High Yield over : 31/08/2017 - 31/08/2018
  • Rank 21/22 Total Return
  • Rank 17/22 Standard Deviation
  • Rank 19/22 Max Drawdown
Fund Name Currency Return
18 AXA IM FIIS Europe Short Duration HY Z C EUR EUR

0.1%

19 Investec GSF European High Yield Bd A Inc-2 EUR EUR

-0.5%

20 T Rowe European High Yield Bond Ax EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

-1.7%

21 Fidelity Funds - European Hi Yld A-EUR-DIS EUR

-1.9%

22 Eurizon Fund Bond High Yield Z

Currency exposure is hedged

Currency exposure is hedged

EUR

-2.1%

Fund Name Currency Risk
15 Investec GSF European High Yield Bd A Inc-2 EUR EUR

2.7

16 Eurizon Fund Bond High Yield Z

Currency exposure is hedged

Currency exposure is hedged

EUR

2.7

17 Fidelity Funds - European Hi Yld A-EUR-DIS EUR

2.8

18 Fidelity Funds - Inst Europ High Yield I-ACC-EUR EUR

2.8

19 T Rowe European High Yield Bond Ax EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

2.8

Total Return

Quarterly Performance

to 30/06/2018 Annual Q1 Q2 Q3 Q4
2018 -1.1% -1.9%
2017 6.3% 1.9% 2.0% 1.9% 0.4%
2016 8.2% 0.5% 3.0% 3.5% 1.0%
2015 0.9% 2.7% -0.8% -1.9% 1.0%
2014 2.2% 2.9% 2.9% -2.5% -1.1%
2013 8.8% 1.7% -0.3% 3.4% 3.8%
2012 22.6% 9.0% -0.7% 6.3% 6.5%
2011 -3.0% 3.9% -0.2% -9.8% 3.7%
2010 13.2% 7.9% -2.8% 7.2% 0.7%
2009 67.8% 5.4% 24.1% 21.4% 5.8%
2008 -32.8% -5.6% 2.9% -7.0% -25.5%
2007 -1.1% 1.4% 0.4% -1.7% -1.2%
2006 7.5% 2.5% -0.6% 2.7% 2.8%
2005 4.7% 0.1% 1.4% 2.6% 0.5%
2004 10.6% 2.6% -0.4% 3.6% 4.6%
2003 22.0% 3.8% 10.9% 2.3% 3.7%
2002 3.4% 2.2% -0.2% -3.7% 5.3%
2001 -2.6% 4.2% -5.7% -7.7% 7.4%
2000 -2.9% -7.4%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

31/07/2018

Top 10 Holdings

Stock Size
EUR Forward Contract 29.61%
Fidelity Institutional Liquidity EUR Acc A 9.45%
Altice Lux 7.250% 15-May-2022 2.53%
Cash and Other Assets 2.48%
SEK Forward Contract 2.42%
New Areva Hldg 4.875% 23-Sep-2024 2.02%
Verisure Midhold 5.750% 01-Dec-2023 1.92%
ContourGlbl 4.125% 01-Aug-2025 1.46%
Sigma Holdco 5.750% 15-May-2026 1.33%
Gaz Capital 7.288% 16-Aug-2037 1.32%
31/07/2018

Registered For Sale In

  1. Austria
  2. Bahrain
  3. Belgium
  4. Chile
  5. Czech Republic
  6. Denmark
  7. Finland
  8. France
  9. Germany
  10. Guernsey
  11. Hong Kong
  12. Hungary
  13. Iceland
  14. Ireland
  15. Italy
  16. Jersey
  17. Korea
  18. Luxembourg
  19. Macau
  20. Malta
  21. Netherlands
  22. Norway
  23. Oman
  24. Peru
  25. Portugal
  26. Qatar
  27. Singapore
  28. Slovakia
  29. Spain
  30. Sweden
  31. Switzerland
  32. Taiwan
  33. United Kingdom

Fund Info

  • Launch date26/06/2000
  • Share Class size405Mn
  • Base currencyUSD
  • ISIN LU0110060430

Purchase Info

  • Min. initial investment2,500
  • Min. regular additional investment0

Charges

  • Annual management1.00%
  • Initial investment3.50%

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).