Evidence and analysis
The Fidelity Funds - Euro 50 Index Fund A-ACC-Euro page has been refreshed from Fidelity Funds’ April 2026 Hong Kong Extract Prospectus. The PDF fund description is for Euro 50 Index Fund.
Investment Objective
The fund aims to achieve capital growth over the long term, by tracking the performance of the benchmark (before fees and expenses).
Investment Policy
The fund invests, including through the use of derivatives, in equities of companies in the benchmark. To manage its cash position, the fund may invest in collective investment schemes (such as liquidity funds), including those managed by FIL Group, in addition to money market instruments, cash and term deposits.
Investment Process
In passively managing the fund, the Investment Manager seeks to replicate (track) the composition of the benchmark and minimise the difference between the return of the portfolio and that of the benchmark. The Investment Manager does not integrate Sustainability Risks in its investment process. The funds ESG characteristics are essentially similar to those of the benchmark. DERIVATIVES AND TECHNIQUES The fund may use derivatives for hedging and for efficient portfolio management. TRS (including CFD) usage None. Securities lending Expected 15%; maximum 30%. Repos/reverse repos Expected 0%; maximum 30%.
Benchmark
Solactive Euro 50 Index NTR. Used for: tracking only. For more information, see Further Information on Fidelity Funds-Euro 50 Index Fund and https://www.solactive.com/indices. For reasons such as liquidity or excessive cost, it may not always be practical for the fund to invest in every constituent of the benchmark or at its weighting within the benchmark. As the case may be, the fund may also invest in securities that are not c onstituents of the benchmark.
Base Currency
EUR.
Main Risks
- Benchmark orientation
- Counterparty and collateral
- Currency
- Derivatives
- Equities
- Hedging
- Investment fund
- Liquidity
- Market
- Operational
Risk Management Method
Commitment
Top Holdings
Sector Allocation
| Sector | Weight |
|---|---|
| Financial Services | 25.8% |
| Industrials | 20.8% |
| Technology | 18.5% |
| Consumer Cyclical | 9.6% |
| Utilities | 5.7% |
| Consumer Defensive | 5.3% |
| Energy | 4.6% |
| Health Care | 4.0% |
| Basic Materials | 3.5% |
| Communication Services | 2.4% |
Portfolio Manager
Passive/index fund (tracks Solactive Euro 50 Index NTR)
| Holding | Symbol | Weight |
|---|---|---|
| ASML Holding NV | ASML.AS | 10.83% |
| TotalEnergies SE | TTE.PA | 4.17% |
| Siemens AG | SIE.DE | 3.88% |
| SAP SE | SAP.DE | 3.83% |
| Banco Santander SA | SAN.MC | 3.50% |
| Allianz SE | ALV.DE | 3.48% |
| Schneider Electric SE | SU.PA | 3.16% |
| Iberdrola SA | IBE.MC | 3.10% |
| Lvmh Moet Hennessy Louis Vuitton SE | MC.PA | 3.04% |
| Deutsche Telekom AG | DTE.DE | 2.86% |
Source
- Fidelity Funds, April 2026 Hong Kong Extract Prospectus:
data/fidelity/pr.ff.HK-en.HK.pdf
Latest Official Fund Data
| Metric | Current official value |
|---|---|
| NAV (EUR) | 30.4200 |
| NAV date | 14/08/2026 |
| Daily NAV change | -0.0500 (-0.16%) |
| 1-year performance | +21.86% (as of 31/07/2026) |
| 3-year performance | +54.55% (as of 31/07/2026) |
| Fund type | Equity Fund |
| ISIN | LU0261952682 |
Source: Fidelity Hong Kong mutual-fund directory, retrieved 15 August 2026 (Hong Kong time). Fidelity states that the displayed NAV is sourced from Morningstar Asia Limited and performance is sourced from Fidelity. Performance is NAV-to-NAV in the fund’s denominated currency, with dividends reinvested, including ongoing charges and excluding subscription and redemption fees.
Historical AUM (prior source)
€782m (as of 30 April 2026, per Fidelity monthly factsheet)