Register to get unlimited access to all of Citywire’s fund manager database. Registration is free and only takes a minute.

Fidelity FAST Europe Fund

Ranked 50 out of 87 in - Europe Growth over 12 months
All calculations are in EUR unless stated

Managed by

Fabio Riccelli

Brazilian Fabio Riccelli runs the Fidelity European Dynamic Growth fund and applies a growth investment style and use of index futures, which have let him to get an annual portfolio turnover of a 40%. Fabio has been working for Fidelity since 1998 when he joined as research analyst and became portfolio manager seven years later. He studied finances at Manchester University and holds the Investment Management Certificate.

Karoline Rosenberg

Karoline Rosenberg is a co-portfolio manager of the Fidelity European Dynamic Growth fund and the FAST Europe fund. She is also the lead manager for the Iberia fund. Rosenberg started her investment career in 2002 and joined Fidelity as an analyst in 2007, covering the consumer and financials sectors. Between 2013 and 2017 Rosenberg co-managed the Global Alpha fund, a long/short global equity strategy. In 2017, she became co-manager of FAST Europe, an equity-benchmarked, pan-European fund with the ability to take short positions and use derivatives. Before joining Fidelity, Karoline worked in investment banking for Morgan Stanley in Germany and the UK. She has a bachelor of science degree from the University of London and a master of business administration degree from Insead.

Objective

The fund’s objective is to achieve capital growth by investing primarily in the equities of, and related instruments providing exposure to, companies that have their head office or exercise a predominant part of their activity in Europe.

Showing fund performance globally. You can view performance in individual jurisdictions.

Performance

Europe Growth over : 12/31/2019 - 12/31/2020

Total Return

Quarterly Performance

to 12/31/2020 Annual Q1 Q2 Q3 Q4
2020 6.2% -12.0% 15.2% 1.3% 3.4%
2019 44.3% 21.7% 6.1% 2.4% 9.2%
2018 -3.8% -2.2% 11.5% 2.9% -14.3%
2017 5.9% 2.3% -0.3% 1.7% 2.1%
2016 -5.5% -12.0% -0.8% 0.3% 7.9%
2015 9.9% 19.0% -2.4% -9.1% 4.0%
2014 6.0% 1.2% 2.5% 1.7% 0.5%
2013 20.2% 6.2% 0.7% 4.7% 7.3%
2012 14.8% 6.3% 0.5% 7.2% 0.3%
2011 -4.5% -0.6% 0.3% -13.6% 11.0%
2010 18.0% 5.8% -5.3% 8.8% 8.2%
2009 33.9% -4.4% 15.7% 18.0% 2.6%
2008 -33.7% -18.1% 7.5% -13.3% -13.2%
2007 12.6% 3.2% 9.8% -1.2% 0.6%
2006 21.4% 19.8% -8.2% 0.3% 10.0%
2005 41.8% 10.4% 7.2% 12.8% 6.2%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

11/30/2020

Top 10 Holdings

Stock Size
Novo Nordisk A/S B 5.38%
SAP SE 5.04%
Infineon Technologies AG 4.53%
LVMH Moet Hennessy Louis Vuitton SE 3.75%
Beiersdorf AGCFD 3.75%
Experian PLC 3.60%
Worldline SA 3.60%
Assa Abloy AB B 3.59%
Nexi SpA 3.37%
Edenred SA 3.25%
11/30/2020

Registered For Sale In

  1. Austria
  2. Belgium
  3. Croatia
  4. Czech Republic
  5. Denmark
  6. Finland
  7. France
  8. Germany
  9. Hungary
  10. Iceland
  11. Ireland
  12. Italy
  13. Jersey
  14. Liechtenstein
  15. Luxembourg
  16. Netherlands
  17. Norway
  18. Poland
  19. Portugal
  20. Slovakia
  21. Spain
  22. Sweden
  23. Switzerland
  24. United Kingdom

Fund Info

  • Launch date10/4/2004
  • Share Class size301Mn
  • Base currencyEUR
  • ISIN LU0202403266

Purchase Info

Charges

  • Annual management1.50%

Related News

JPM, Fidelity expand Brazil footprint with XP feeder fund deals

The Brazilian firm's recent agreements with both firms brings a number of variable income strategies to the country's local investors.

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