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GB0031605362

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Analysis and statistics

  • Open
    6.3289$
  • Previous Close
    6.3289$
  • 52 Week Change
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  • Day Range
    0.00$
  • 52 Week High/Low
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  • Dividend Per Share
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  • Market cap
    --$
  • EPS
    --
  • Beta
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  • Volume
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About

GB0031605362 is the ISIN (International Securities Identification Number) for the Fidelity Funds - European Growth Fund A-ACC-EUR. This fund, managed by Fidelity International, primarily invests in a diversified portfolio of European companies that exhibit strong growth potential. The "A-ACC-EUR" designation indicates the share class (A), that it is an accumulating share class (ACC) meaning income is reinvested rather than distributed, and that the fund is denominated in Euros (EUR). The fund's objective is to achieve long-term capital growth by investing in the securities of European companies. Prospective investors should carefully review the fund's prospectus for detailed information regarding investment objectives, risks, fees, and charges before making any investment decisions.
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Factors

Fund Performance: Historical and current investment performance directly impacts price. Strong returns typically attract investors, increasing demand and price.

Market Conditions: Overall economic health, interest rates, and investor sentiment influence fund valuations. Bull markets often boost prices; bear markets suppress them.

Sector Performance: The sectors in which the fund invests significantly affect its price. If the fund focuses on tech and tech performs well, the fund's price likely rises.

Fund Management: Decisions made by the fund manager, including asset allocation and stock picking, impact returns and ultimately, the fund's price.

Expense Ratio: Higher expense ratios can detract from returns, potentially impacting the fund's attractiveness and price. Lower expenses are generally more favorable.

Supply and Demand: The balance between buyers and sellers affects the price. High demand pushes prices up; increased selling pressure drives them down.

Currency Fluctuations: If the fund invests in foreign assets, currency exchange rate changes can influence the fund's value in its base currency.

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