Fidelity Europe Fund (FIEUX) in Focus
Fidelity Europe (FIEUX) a Zacks Ranked #1 (Strong Buy) seeks growth of capital over the long term. FIEUX normally invests a large portion of its assets in securities of European issuers as well as in common stocks. FIEUX allocates investments across countries considering the size of the market in each country relative to the size of the markets in Europe as a whole. FIEUX offers dividends and capital gains in December.
This Europe - Equity fund, as of the last filing, allocates their fund in three major groups; Foreign Stock, High Yield Bond, Foreign Bond. Further, as of the last filing, ROCHE HOLDING AG GENUSSS, GETINGE AB and STANDARD CHARTERED PLC were the top holdings for FIEUX.
The Fidelity Europe fund, managed by Fidelity, carries an expense ratio of 1.03. Moreover, FIEUX requires a minimal initial investment of $2,500.
FIEUX has a history of strong positive total returns for over 10 years. Specifically, the fund’s returns over the 1, 3, 5 year benchmarks; 1 year 3.90%, 3 year 14.56%, and 5 year 9.60%. To see how this fund performed compared in its category, please click here.
FIEUX’s performance, as of the last filing, when compared to funds in its category was in the top 38% in 1 year, top 36% over the past 3 years, and in the 40% over the past 5 years.
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