Fidelity Europe Equity Research Enhanced UCITS ETF Accumulation EUR

Fidelity Europe Equity Research Enhanced UCITS ETF Accumulation EUR is an actively managed exchange-traded fund that invests primarily in a diversified portfolio of European equities. Its main objective is to achieve long-term capital growth by selecting stocks across various sectors within Europe, drawing on both sustainability and fundamental research criteria to inform its investment decisions. Key sectors represented in the portfolio include finance, health technology, and electronic technology, among others, ensuring broad exposure to established and emerging European companies. This ETF is structured to accumulate, rather than distribute, dividends, meaning any income generated is reinvested into the fund. It maintains a relatively low total expense ratio of 0.25% and is managed by FIL Investment Management (Luxembourg), a subsidiary of Fidelity International. Launched in May 2020 and domiciled in Ireland, the fund is compliant with UCITS regulations and carries an SFDR Article 8 classification, signaling an emphasis on environmental, social, and governance (ESG) factors. With approximately 125 million euros in assets under management and nearly 200 individual holdings, the ETF serves investors seeking diversified, actively researched exposure to the European equity market without tracking a specific benchmark index, distinguishing it from passively managed regional ETFs.