Prudential Fidelity European S4

Essentials Portfolio Analysis Background Data Investment Risk Performance View PDF Factsheet
Portfolio data accurate as at:

Performance

Discrete performance - to last month end

31/07/17
to
31/07/18
31/07/18
to
31/07/19
31/07/19
to
31/07/20
31/07/20
to
31/07/21
31/07/21
to
31/07/22
Fund 9.3% 4.7% 2.0% 14.2% -2.6%
Sector 4.6% 1.7% -2.4% 20.8% -9.0%
Rank 20/195 41/196 50/199 188/199 20/199
Quartile 1 1 1 4 1

Annualised performance

Annualised
3 Years to
31/07/22
5 Years to
31/07/22
10 Years to
31/07/22
Fund 4.3% 5.4% 8.3%
Sector 2.4% 2.7% 8.1%
Rank 37/199 28/195 99/174
Quartile 1 1 3

Top 10 Holdings

Stock % Weight
NESTLE S.A. 6.95
ROCHE HLDG AG 5.29
LVMH MOET HENNESSY VUITTON 4.54
NOVO NORDISK A/S 4.38
TOTAL SE 4.34
ASML HOLDING N.V. 4.29
SANOFI 3.91
L'OREAL 3.27
DEUTSCHE BORSE AKTIENGESELLSCHAFT 2.76
SWEDISH MATCH AB 2.76
Total 42.49

Fund Aims

Objective: The investment strategy of the fund is to purchase units in the Fidelity European Fund - the underlying fund.

Underlying Fund Objective: The fund aims to increase the value of your investment over a period of 5 years or more and provide a growing level of income. The fund will invest at least 80% in equities (and their related securities) of companies domiciled, incorporated or having significant business in continental Europe and those which are listed in the region). Derivatives may also be used for the purposes of efficient portfolio management (EPM) or for investment purposes.

Fund Manager

Marcel Stotzel manager of the underlying fund for 1 years and 11 months

Photo of Marcel Stotzel TBC

Samuel Morse manager of the underlying fund for 12 years and 8 months

Photo of Samuel Morse Sam Morse joined Fidelity in 1990 as a Research Analyst covering pan-European retail sectors and US furniture and carpet sectors. In 1994 he became Portfolio Manager, managing several retail UK equity funds and mandates. In 1997 Sam joined M&G as Head of UK Equities. During his time at M&G, Sam was responsible for a number of retail UK Equity Funds including the M&G UK Growth Fund. In June 2004, Sam rejoined Fidelity as Head of the Institutional UK Equity Team. This role incorporated developing UK equity solutions for institutional clients as well as managing UK equity portfolios. From December 2009 Sam has managed the FIF European Fund. He also took over the responsibility for managing European Values PLC from January 2011. Prior to joining Fidelity, Sam spent two years working for Hoare Govett in their Far East Equity Sales team. He has an M.B.A from INSEAD, France, as well as a BA from the University of North Carolina.

Fund Overview

Bid (12/08/2022) 263.90
Offer (12/08/2022) 277.80
Fund size (30/06/2022) £6.69m
Underlying Fund size £3393.24m
Number of holdings 117
Launch date 20/10/2008

Fund Charges

Annual Management Charge (AMC) 2.00%
Further Costs 0.20%
Yearly Total 2.20%

Asset Allocation

pie chart
  International Equities 96.21%
  UK Equities 3.18%
  Cash and Equivalents 0.50%
  Money Market 0.01%
  Other Assets 0.10%
Portfolio data accurate as at: 30/06/22

Important Information

Because of changes in exchange rates the value of your investment, as well as any money you take from it, can go down as well as up.

Some funds may invest in ‘underlying’ funds or other investment vehicles. The performance of our fund, compared to what it’s invested in won’t be exactly the same. That can be due to additional charges, cash management (needed to help people to enter and leave our fund when they want), tax and the timing of investments (this is known as a fund’s dealing cycle, it varies between managers and can be several days).

Source of portfolio data: Broadridge. Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of fund charges and further costs, but take no account of product charges, or any Annual Management Charge paid for by the deduction of units. Charges and further costs may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with net income reinvested. The value of your client’s investment can go down as well as up and the amount your client gets back may be less than they put in.

This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.

Portfolio data accurate as at:

Asset Allocation

pie chart
  International Equities 96.21%
  UK Equities 3.18%
  Cash and Equivalents 0.50%
  Money Market 0.01%
  Other Assets 0.10%

Equity Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
Financials 18.55% - - -
 
Financial Services - 7.23% - -
 
Investment Banking & Brokerage Services - - 7.23% -
 
Asset Managers & Custodians - - - 4.47%
 
Investment Services - - - 2.76%
 
Banks - 6.81% - -
 
Banks - - 6.81% -
 
Banks - - - 6.81%
 
Insurance - 4.50% - -
 
Non-life Insurance - - 4.50% -
 
Full Line Insurance - - - 2.49%
 
Property & Casualty Insurance - - - 2.01%
 
Health Care 17.65% - - -
 
Health Care - 17.65% - -
 
Pharmaceuticals & Biotechnology - - 15.05% -
 
Pharmaceuticals - - - 13.58%
 
Biotechnology - - - 1.47%
 
Medical Equipment & Services - - 2.60% -
 
Medical Supplies - - - 2.60%
 
Industrials 16.89% - - -
 
Industrial Goods & Services - 13.83% - -
 
Industrial Support Services - - 4.45% -
 
Professional Business Support Services - - - 2.73%
 
Transaction Processing Services - - - 1.72%
 
Industrial Engineering - - 3.03% -
 
Machinery: Industrial - - - 3.03%
 
Electronic & Electrical Equipment - - 2.10% -
 
Electrical Components - - - 2.10%
 
Aerospace & Defence - - 1.68% -
 
Aerospace - - - 1.68%
 
Industrial Transportation - - 1.41% -
 
Transportation Services - - - 1.41%
 
General Industrials - - 1.17% -
 
Containers & Packaging - - - 1.17%
 
Construction & Materials - 3.07% - -
 
Construction & Materials - - 3.07% -
 
Building Materials: Other - - - 3.07%
 
Consumer Discretionary 12.40% - - -
 
Consumer Products & Services - 9.34% - -
 
Personal Goods - - 9.34% -
 
Clothing & Accessories - - - 6.07%
 
Cosmetics - - - 3.27%
 
Travel & Leisure - 2.21% - -
 
Travel & Leisure - - 2.21% -
 
Casinos & Gambling - - - 1.51%
 
Restaurants & Bars - - - 0.70%
 
Retail - 0.85% - -
 
Retailers - - 0.85% -
 
Specialty Retailers - - - 0.85%
 
Technology 11.30% - - -
 
Technology - 11.30% - -
 
Software & Computer Services - - 7.01% -
 
Software - - - 4.37%
 
Computer Services - - - 1.60%
 
Consumer Digital Services - - - 1.04%
 
Technology Hardware & Equipment - - 4.29% -
 
Production Technology Equipment - - - 4.29%
 
Consumer Staples 9.71% - - -
 
Food, Beverage & Tobacco - 9.71% - -
 
Food Producers - - 6.95% -
 
Food Products - - - 6.95%
 
Tobacco - - 2.76% -
 
Tobacco - - - 2.76%
 
Basic Materials 4.48% - - -
 
Chemicals - 4.48% - -
 
Chemicals - - 4.48% -
 
Chemicals: Diversified - - - 3.85%
 
Specialty Chemicals - - - 0.63%
 
Energy 4.34% - - -
 
Energy - 4.34% - -
 
Non-Renewable Energy - - 4.34% -
 
Integrated Oil & Gas - - - 4.34%
 
Utilities 2.62% - - -
 
Utilities - 2.62% - -
 
Electricity - - 2.62% -
 
Conventional Electricity - - - 2.62%
 
Telecommunications 1.45% - - -
 
Telecommunications - 1.45% - -
 
Telecommunications Service Providers - - 1.45% -
 
Telecommunications Services - - - 1.45%
 
Cash and Equivalents 0.51% - - -
 
Non-Classified 0.10% - - -

Regional Allocation

pie chart
  Developed Europe - Excl UK 96.21%
  UK 3.18%
  Cash and Equivalents 0.51%
  Non-Classified 0.10%

Fixed Interest Currencies

pie chart
  Non-Fixed Interest Assets 99.80%
  Cash 0.20%

Regional Breakdown

Expand allCollapse all
Region Country
 
Developed Europe - Excl UK 96.21% -
 
France - 26.49%
 
Switzerland - 21.73%
 
Germany - 9.93%
 
Netherlands - 6.21%
 
Italy - 5.54%
 
Sweden - 5.14%
 
Denmark - 5.06%
 
Finland - 3.92%
 
Spain - 3.86%
 
Norway - 2.83%
 
Belgium - 2.19%
 
Ireland - 1.80%
 
Monaco - 1.51%
 
UK 3.18% -
 
United Kingdom - 3.18%
 
Cash and Equivalents 0.51% -
 
Non-Classified 0.10% -

Breakdown By Market Cap (%)

Mega
 
 
63.88%
Large
 
 
26.35%
Medium
 
 
5.46%
Non-Classified
 
 
3.80%
Cash
 
 
0.51%

Top 10 Holdings

Stock % Weight Sector Country
1 NESTLE S.A. 6.95% Food Producers Switzerland
2 ROCHE HLDG AG 5.29% Pharmaceuticals & Biotechnology Switzerland
3 LVMH MOET HENNESSY VUITTON 4.54% Personal Goods France
4 NOVO NORDISK A/S 4.38% Pharmaceuticals & Biotechnology Denmark
5 TOTAL SE 4.34% Non-Renewable Energy France
6 ASML HOLDING N.V. 4.29% Technology Hardware & Equipment Netherlands
7 SANOFI 3.91% Pharmaceuticals & Biotechnology France
8 L'OREAL 3.27% Personal Goods France
9 DEUTSCHE BORSE AKTIENGESELLSCHAFT 2.76% Investment Banking & Brokerage Services Germany
10 SWEDISH MATCH AB 2.76% Tobacco Sweden

Dual Aspect Equity Analysis

UK Equities Int'l Equities UK Bonds Int'l Bonds UK Gilts Property Other Cash & Equiv Total
Technology - 11.30% - - - - - - 11.30%
Telecommunications - 1.45% - - - - - - 1.45%
Financials 2.07% 16.47% - - - - - - 18.55%
Consumer Discretionary - 12.40% - - - - - - 12.40%
Consumer Staples - 9.71% - - - - - - 9.71%
Energy - 4.34% - - - - - - 4.34%
Utilities - 2.62% - - - - - - 2.62%
Health Care - 17.65% - - - - 0.03% - 17.68%
Industrials 1.10% 15.79% - - - - - - 16.89%
Basic Materials - 4.48% - - - - - - 4.48%
Cash and Equivalents - - - - - - - 0.50% 0.50%
Non-Classified - - - - - - 0.07% 0.01% 0.08%

Important Information

Because of changes in exchange rates the value of your investment, as well as any money you take from it, can go down as well as up.

Some funds may invest in ‘underlying’ funds or other investment vehicles. The performance of our fund, compared to what it’s invested in won’t be exactly the same. That can be due to additional charges, cash management (needed to help people to enter and leave our fund when they want), tax and the timing of investments (this is known as a fund’s dealing cycle, it varies between managers and can be several days).

The Industry Classification Benchmark is a product of FTSE International Limited and has been licensed for use.

This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.

Identification Codes

Sedol Code B3BW232
Mex Code PUFDEU
Isin Code GB00B3BW2325
Citi Code D9Y9

Fund Charges

Annual Management Charge (AMC) 2.00%
Further Costs 0.20%
Yearly Total 2.20%

Aims and Benchmark

Aims Objective: The investment strategy of the fund is to purchase units in the Fidelity European Fund - the underlying fund. Underlying Fund Objective: The fund aims to increase the value of your investment over a period of 5 years or more and provide a growing level of income. The fund will invest at least 80% in equities (and their related securities) of companies domiciled, incorporated or having significant business in continental Europe and those which are listed in the region). Derivatives may also be used for the purposes of efficient portfolio management (EPM) or for investment purposes.
Benchmark MSCI Eur ex UK Index (NUK)
Sector ABI Europe excluding UK Equities

Ratings

FE Crown Crown Rating of 5

Important Information

Because of changes in exchange rates the value of your investment, as well as any money you take from it, can go down as well as up.

Some funds may invest in ‘underlying’ funds or other investment vehicles. The performance of our fund, compared to what it’s invested in won’t be exactly the same. That can be due to additional charges, cash management (needed to help people to enter and leave our fund when they want), tax and the timing of investments (this is known as a fund’s dealing cycle, it varies between managers and can be several days).

Charges and further costs may vary in the future and may be higher than they are now.

This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.

Risk Analysis

Ratio Value
Alpha 2.06
Beta 0.73
Sharpe 0.07
Standard Deviation 11.96
Info Ratio 0.26

Risk Factors

Risk Factor Yes / No
Charges to Capital No
Emerging Markets No
Concentrated Portfolio No
Smaller Companies No
High Yield Bonds No
Sector Specific No
Geared Investments No
Value of Investments Yes
Investments Long Term Yes
Property No
Exchange Rate Yes
Higher Risk No
Performance Charges No
Derivative Exposure Yes
Offshore No
Income Eroding Capital Growth No
Umbrella Liabilities Yes
New Fund No
Solvency of Depository No
Solvency of Bond Issuers No
Ethical Restrictions No
Liquidity No
Returns Are Not Guaranteed Yes
Inflation Yes
Taxation and Tax Relief Yes

Fund Specific Risks

Value of Investments

The value of investments, and any income can fall, as well as rise, so you could get back less than you invested. Neither capital nor income is guaranteed.

Investments Long Term

Investments should be regarded as long term and are not suitable for money which may be needed in the short term, you should always have a sufficient cash reserve.

Exchange Rate

This fund invests in securities outside the UK. The value of investments and any income from them may therefore decrease or increase as a result of changes in exchange rates between currencies.

Derivative Exposure

The fund invests in derivatives as part of its investment strategy, over and above their use for Efficient Portfolio Management (EPM). Investors should be aware that the use of these instruments can, under certain circumstances, increase the volatility and risk profile of the Fund beyond that expected of a fund that only invests in equities. The fund may also be exposed to the risk that the company issuing the derivative may not honour their obligations which in turn could lead to losses arising.

Umbrella Liabilities

If the liabilities of one fund were to exceed its assets, the other funds within the scheme might have to transfer across money to cover the liabilities.

Returns Are Not Guaranteed

What you receive when you sell your investment is not guaranteed; it depends on how your investments perform.

Inflation

Inflation will reduce the real value of your investments in future.

Taxation and Tax Relief

Levels of taxation and tax relief are subject to change.

Important Information

Because of changes in exchange rates the value of your investment, as well as any money you take from it, can go down as well as up.

Some funds may invest in ‘underlying’ funds or other investment vehicles. The performance of our fund, compared to what it’s invested in won’t be exactly the same. That can be due to additional charges, cash management (needed to help people to enter and leave our fund when they want), tax and the timing of investments (this is known as a fund’s dealing cycle, it varies between managers and can be several days).

The risk factor definitions are provided by Broadridge. These definitions may differ from those of Prudential or any underlying fund manager. The data itself is provided by Prudential or the underlying fund manager.

This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.

Important Information

Because of changes in exchange rates the value of your investment, as well as any money you take from it, can go down as well as up.

Some funds may invest in ‘underlying’ funds or other investment vehicles. The performance of our fund, compared to what it’s invested in won’t be exactly the same. That can be due to additional charges, cash management (needed to help people to enter and leave our fund when they want), tax and the timing of investments (this is known as a fund’s dealing cycle, it varies between managers and can be several days).

Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of fund charges and further costs, but take no account of product charges, or any Annual Management Charge paid for by the deduction of units. Charges and further costs may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with net income reinvested. The value of your client’s investment can go down as well as up and the amount your client gets back may be less than they put in.

This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.

"Prudential" is a trading name of The Prudential Assurance Company Limited, which is registered in England and Wales. Registered office at 10 Fenchurch Avenue, London EC3M 5AG. Registered number 15454. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.