Investment fund
Fidelity European Div A-Acc-EUR
ISIN: LU0353647737Potentially lower returnHigher risk
Potentially higher return
- Asset class
- Sub-Asset classEurope
- CurrencyEUR
- TypeAcc.
- Asset Manager: Fidelity (FIL Inv Mgmt (Lux) S.A.)
Current value
27.50 EUR -0,33%
Return (YTD)
3.00%
2023 Return
15.27 %
Management fee*
1,50%
*Además de la comisión de gestión el fondo podría tener otros costes que puede consultar en el DFI. Información actualizada a 13 Mar 2025
Openbank charges no additional fees. The only applicable fees are the investment fund fees.
- No transfer fee.
- No subscription fee.
- No custody fee.
- No redemption fee.
Change over time
over a period of years.
Annual return
This graph shows the performance of the investment fund in recent years.
Investment strategy
Below is a summary of the investment strategy governing the fund's management. For more detailed information, please read the DFI.
The fund aims to achieve capital growth over the long term and provide income. The fund invests at least 70% (and normally 75%) of its assets, in income producing equities of companies that are headquartered, or do most of their business, in Europe. The fund may also invest in money market instruments on an ancillary basis. The Investment Manager aims to provide income in excess of the benchmark. In actively managing the fund, the Investment Manager considers growth and valuation metrics, company financials, return on capital, cash flows and other measures, as well as company management, industry, economic conditions, and other factors. The Investment Manager will target investments which it believes offer attractive dividend yields in addition to price appreciation. The Investment Manager considers ESG factors when assessing investment risks and opportunities.
Allocation of the fund by sector
This table shows the allocation of the investment fund's positions among the different sectors in which the assets are invested.
| SECTOR | FUND | BENCHMARK | |
|---|---|---|---|
| Financial services | 27.60% | 24.38% | |
| Consumer defensive | 16.30% | 10.17% | |
| Industrials | 15.95% | 16.17% | |
| Consumer cyclical | 12.24% | 8.27% | |
| Healthcare | 6.27% | 12.37% | |
| Communication services | 5.70% | 5.51% | |
| Technology | 5.56% | 4.50% | |
| Energy | 3.71% | 5.33% | |
| Utilities | 3.29% | 6.08% | |
| Basic materials | 1.89% | 6.12% | |
| Real Estate | 1.50% | 1.09% |