Fidelity Fd.Strat.Euro.Fd.Y Acc Euro/  LU2342928202  /

The fund aims to achieve capital growth over the long term. The fund invests at least 70% of its assets, in European equities, and euro denominated cash and instruments that may be readily converted to cash. The fund invests primarily in Europe and may invest across different countries in this region, which may include emerging markets. The long equity strategy is comprised of long equity positions in European companies that the Investment Manager considers to be good quality businesses at attractive valuations. The market neutral strategy is comprised of long and short equity or equity index futures positions in European companies. The Investment Manager will gain long exposure to those companies considered to be attractive while maintaining short exposure, through the use of derivatives, to those companies considered to be unattractive. The cash allocation strategy is comprised of Euro denominated cash and instruments that may be readily converted to cash (including cash deposits, treasury bills and government bonds, short-term corporate bonds, commercial paper, short term money market instruments and certificates of deposit).

The fund aims to achieve capital growth over the long term.