Fidelity European Trust plc (FEV) Ordinary 2.5p

Fidelity European Trust PLC is a United Kingdom-based investment trust. The Company’s objective is to achieve long-term growth in both capital and income by predominantly investing in equities (and their related securities) of continental European companies. It is focused on investing approximately 80 % of its gross assets in companies from countries, which are included in the Benchmark Index (the FTSE World Europe ex UK Index). It may invest upto 20 % of gross assets in stocks of European countries, which are not included in the Company’s Benchmark Index. It invests in various sectors, such as financials, industrials, healthcare, consumer discretionary, technology, consumer staples, basic materials and utilities, and others. It also invests in other transferable securities, investment companies, money market instruments, cash and deposits. Its investment manager is FIL Investments International. FIL Investment Services (UK) Limited serves as the alternative investment fund manager.

To achieve long-term growth in both capital and income by predominantly investing in equities (and their related securities) of continental European companies.

• Ongoing charge0.68%
• Annual management charge -
• Performance feeNo

FII charges investment management fees at an annual rate of 0.85% of net assets up to GBP 400m and 0.65% of net assets in excess of GBP 400m. Fees are payable monthly in arrears and are calculated on a daily basis.