• This fund invests primarily in equities and bonds denominated in Euro.
  • The fund is subject to investment, equities and foreign currency risk. This fund may invest in bonds or debt securities which may be subject to credit, liquidity, counterparty and market risks. The fund will invest in non-investment grade bonds and unrated securities which may be subject to greater credit and liquidity risks, and may be more volatile than higher rated securities. The fund’s performance will be closely tied to the conditions in the European Economic Area, and this may be subject to increased liquidity, price, and foreign exchange risk.
  • This fund can invest in derivative instruments which may involve additional risks (For example, leverage may cause greater volatility).
  • Dividend of certain share classes, at the Board’s discretion, may be 1) paid out of gross income, i.e. the fund may pay dividend effectively out of capital; or 2) paid directly out of capital where the net income generated by the fund is insufficient to pay a distribution as declared (For MCDIST share class, payment will be made out of capital). This will represent a return or withdrawal of part of the amount they originally invested or from any capital gains attributable to the original investment. This may result in an immediate decrease in the fund’s NAV per share.
  • Investors may suffer substantial loss of their investments in the fund. Investor should not invest in the fund solely based on the information provided in this document and should read the prospectus (including potential risks involved) for details.

Fidelity Funds - Euro Balanced Fund A-ACC-USD (hedged)

  • Price date: 17/01/2018
  • Morningstar rating: 4 out of 5 stars
  • Risk rating+: 3

Performance & NAV

Annual performance Total return (%)

<span>Annual performance</span> Total return (%)

Morningstar benchmark (%)

Morningstar benchmark (%)

Cumulative return Fund (%)

<span>Cumulative return</span> Fund (%)
YTD6 mths1 yr3 yrs5 yrs

Morningstar category (%)

Morningstar category (%)
YTD6 mths1 yr3 yrs5 yrs

Morningstar benchmark (%)

Morningstar benchmark (%)
YTD6 mths1 yr3 yrs5 yrs

As of 31/12/2017, based on latest unit NAV of most recent calendar month.

Fund details

Investment objective

Invests primarily in equities and bonds denominated in Euro. The fund will aim to invest a minimum of 45% and a maximum of 70% of the net assets in assets with exposure to equities and a minimum of 30% and a maximum of 55% of the net assets in assets with exposure to bonds. The fund may also invest in UCITS and UCIs.

About this fund
Fund details as of31 Dec 2017
Denominated currencyUSD
Fund launch date17 Oct 1994
Class launch date09 Apr 2014
Class launch price10.00 USD
Fund size1,145.22 million
IndexMSCI EMU NR EUR X 60% + Citi EMU GBI EUR X 40%
Morningstar BenchMarkCat 50%Barclays US Agg TR&50%FTSE Wld TR
Morningstar CategoryUSD Moderate Allocation
Unique Identifiers
Bloomberg ticker
PhoneXpress code
Fund manager
Fund manager
(Start date)
Eugene Philalithis
(01 May 2013)
Nick Peters
(20 Jan 2014)
Fund Fees
Sale ChargesUp to 5.25%
Annual management feeUp to 1.00%

There are other fees and charges for the fund and please refer to the prospectus for details.

Volatility Measures
3 years standard deviation

As of 31/12/2017

Risk rating

As of 31/08/2017

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Unlike stock indices in Europe and Asia which were mostly lower on the day, US shares rebounded from modest losses a day earlier thanks to positive earnings. Technology and health care companies accounted for much of the gains. Industrial stocks also rose following a positive industrial production report for December. However, some big banks fell after reporting hefty quarterly losses. The Dow Jones closed above the 26,000 mark for the first time. The Dow added 1.3 percent, the S&P gained 0.9 percent and the Nasdaq advanced 1.0 percent.
After leaping this morning into positive territory, the three US indices retreated during the day and ended in negative territory. Losses by industrial and technology companies helped pull US stocks mostly lower in late-afternoon trading Tuesday. The slide erased gains from a broad rally earlier in the day that sent the Dow Jones industrials past the 26,000-point threshold for the first time. Health care stocks gained as investors evaluated the latest earnings and deal news. The Dow was down 10.33 points, the S&P lost 0.4 percent and the Nasdaq retreated 0.5 percent.

Data Source: Morningstar Asia Limited. The Morningstar sourced information is provided to investor(s) for reference purposes only. All fund prices quoted are calculated as at the latest valuation date. The performance information (%) in the chart and table may have slight variances due to factors such as rounding, or charting methodology used.

Past performance information is not indicative of future performance. Investors may not get back the full amount invested. Calculation of performance is based on the NAV-to-NAV for the stated period, with dividend reinvested, in denominated currency. These figures show by how much the share class increased or decreased in value during the stated period. Where no past performance is shown there was insufficient data available in that period to calculate performance.

Performance has been calculated in the “Denominated currency” set out in the “About this fund” section in the “Fund details” tab, including ongoing charges and excluding subscription fee and redemption fee you may have to pay.

Payments of dividends out of capital will only be made to seek to maintain a stable payment per share but the payment per share is not fixed. Dividend yield of the fund does not represent the return of the fund, and past dividend yield does not represent future dividend yield. The dividends are not guaranteed.


Fund risk ratings shown are calculated based on information as of #{hkweb.fundDetailService.getMaxRetailFundsRiskLevelAsOfDate}. Risk ratings are 1 = Low risk, 2 = Low to Medium risk, 3 = Medium risk, 4 = Medium to High risk, 5 = High risk. Fund risk ratings are generally reviewed on a semi-annual basis.

For more details on Fund risk ratings and its calculation methodology, please refer to the overview.

The fund risk rating is sourced from a methodology developed by Morningstar Investment Management Asia Limited and its affiliates. The fund risk rating is provided to investor(s) for reference purposes only.


Since launch date to the end of launch year.


Source: Fidelity.


The name of the fund is not indicative of the fund’s performance and return.