Fidelity Europe Fund
FIEUX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 245 Summer Street Boston MA United States of America 02210
- IPO Date
- Sep 30, 1986
- CIK
- 0000744822
- Website
- fundresearch.fidelity.com
- Similar Companies
- Business
- Fidelity Europe Fund (FIEUX) is an open-end mutual fund managed by Fidelity Investments that seeks capital appreciation by investing primarily in securities of European issuers and other investments tied economically to Europe, with at least 80% of assets allocated to common stocks across various European countries; the fund employs fundamental analysis considering issuers' financial condition, industry position, market, and economic conditions. Core holdings emphasize financial services (22.60%), industrials (17.84%), healthcare (10.89%), consumer cyclical (10.64%), and technology (9.19%) sectors; top positions include SAP SE (3.26%), AstraZeneca PLC (3.07%), Shell PLC (3.02%), Rolls-Royce Holdings PLC (2.67%), and Zegona Communications PLC (2.13%), representing 14.15% of the portfolio, with geographic focus on the Eurozone (48.74%), United Kingdom (23.90%), and Europe ex-Euro (13.81%). Launched on October 1, 1986, and domiciled in the United States, the fund is headquartered in Boston, Massachusetts, as part of Fidelity Investments, which operates worldwide with total net assets of $937.70 million USD and a net expense ratio of 0.63%; it features a minimum initial investment of $0 and daily pricing with no front-end or deferred loads. In recent developments, Faris Rahman has served as the sole portfolio manager since October 8, 2021, following Allyson Ke's departure on April 20, 2025; the fund delivered retail class shares gains of 13.59% for the semiannual period ending April 30, 2025, outpacing the MSCI Europe Index's 10.81% advance. No major acquisitions, partnerships, funding rounds, or strategic shifts specific to the fund have been reported in the last 1-2 years, with operations maintaining steady allocation across European equities amid resilient international market performance.