Fidelity European Values (FEV)

Business description

FEV's investment objective is to achieve long-term capital growth from a portfolio of listed shares in continental European companies. The portfolio manager is not restricted in terms of market cap, country or sector allocation, although a minimum of 80% of gross assets will be invested in companies from countries that are included in the benchmark index (the FTSE World Europe [ex-UK] Index). A maximum of 5% of gross assets may be invested in non-European companies that have some European exposure or connection.

Stock data

Market cap.£652.8m
Last close1,562.00p
High / Low (52 weeks)1576.0p / 1367.0p
Stock market listingLN
Forecast net debt (m)N/A
Forecast gearing ratio (%)N/A
TeamInvestment Companies
SectorInvestment Companies

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Company news

Fidelity European Values plc – research update

Thu, 14 Aug 2014 16:04:20 GMT

Fidelity European Values - European earnings expected to grow, but caution is ...

Thu, 16 Mar 2017 15:45:00 GMT

Sam Morse to take control of Fidelity European Values trust

Thu, 11 Nov 2010 11:59:03 GMT

Rated Funds update: Broker says 'sell' Fidelity Special Values

Wed, 22 Jul 2015 14:36:14 GMT

CORRECT: Fidelity European Values Underperforms Benchmark In 2016

Tue, 14 Mar 2017 13:18:45 GMT

Investment summary

Fidelity European Values (FEV) recently celebrated its 25th anniversary. It aims to generate long-term capital growth from investment primarily in continental European equities, although up to 20% of gross assets may be invested in companies outside the FTSE World Europe ex-UK benchmark. Since January 2011, FEV has been managed by Sam Morse, who uses a bottom-up process to select companies that have solid fundamentals and are able to grow their dividends over a three- to five-year horizon. FEV’s NAV total return has outperformed the benchmark over three, five and 10 years. Revenue earnings are fully paid out as an annual dividend; the current dividend yield is 1.8%.

Last updated on 09/01/2017

Latest video

Key management

Vivian Bazalgette, Chairman
Sam Morse, Fund manager

Company address

Oakhill House,
130 Tonbridge Road
Hildenborough, Tonbridge
Kent
TN11 9DZ
United Kingdom
+44 (0)800 414110
View website