TM Lansdowne European Special Situations Fund I Income GBP

Category Europe ex-UK Equity

This fund can be held in an Investment ISA, SIPP and Investment Account

Last buy/sell price

246.08p

arrow-up2.08p (+0.85%)

Fund Code

CRSII

BTJRPZ4

GB00BTJRPZ43

Prices updated as at 14 Nov 2024

Prices in GBX

Investment objective

The investment objective of the Fund is to achieve capital growth, net of fees, over 5 year rolling periods by investing in equities of European (excluding the UK) companies in special situations (which may also provide an element of income). The Fund aims to achieve the investment objective by investing 80% or more in European listed equities ((ordinary or preference shares) of which up to 5% may be in UK companies (defined as companies incorporated or domiciled in the UK) and which are in special situations).

Important documents: Please ensure that you have read the Key Information Document/Technical Guide , Pre-sale Illustrations document & Doing Business with Fidelity document (incorporating the Fidelity Client Terms) and the fund information documents. These can be found within the Charges & documents section.

Our view

The FP CRUX European Special Situations Fund is managed by Richard Pease and James Milne. The objective is to achieve long term capital growth by investing in European (excluding the UK) equities of companies in special situations.

Milne and Pease look for the best companies in Europe: those with strong competitive advantages, low capital intensity, competent management teams, and conservative valuations.

In particular, the managers like dividend-paying firms which can grow by making acquisitions, rather than by relying on the rise of the broader economy.

Important Information

Please note the value of investments can go down as well as up so you may get back less than you invested. This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to an authorised financial adviser. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and(3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.

Any ESG-related information, methodologies, tools, ratings, data and opinions contained or reflected herein are not directed to or intended for use or distribution to India-based clients or users and their distribution to Indian resident individuals or entities is not permitted, and Morningstar accepts no responsibility or liability whatsoever for the actions of third parties in this respect.