Fidelity European Values (FEV) is a relatively defensively positioned trust investing primarily in continental European equities. Recent performance has been strong relative to its FTSE World Europe ex-UK index benchmark and peers, helped by its exposure to defensive technology stocks, less interest rate-sensitive banks, and energy stocks, as well as holding no automotive stocks. The portfolio remains well-balanced, but is now more concentrated in a smaller number of stocks (currently 47), as
26 Oct 2018
Fidelity European Values - Outperforming in an uncertain market
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Fidelity European Values - Outperforming in an uncertain market
Fidelity European Trust PLC GBP (FEV:LON) | 382 1.9 0.1% | Mkt Cap: 1,560m
- Published:
26 Oct 2018 -
Author:
Gavin Wood -
Pages:
9
Fidelity European Values (FEV) is a relatively defensively positioned trust investing primarily in continental European equities. Recent performance has been strong relative to its FTSE World Europe ex-UK index benchmark and peers, helped by its exposure to defensive technology stocks, less interest rate-sensitive banks, and energy stocks, as well as holding no automotive stocks. The portfolio remains well-balanced, but is now more concentrated in a smaller number of stocks (currently 47), as