Semi-Annual Report and Accounts - chartbook.fid-intl.com

Fidelity
Funds
European Dynamic Growth Fund
Schedule of Investments as at 31 October 2012
Country Ccy Shares or Market % Net
Code Nominal Value Assets
EUR
Securities Admitted to or Dealt on an Official Stock Exchange
Energy
AMEC GB GBP 482,338 6,357,970 1.67
Saipem IT EUR 124,522 4,315,943 1.13
10,673,913 2.80
Materials
Linde DE EUR 106,266 13,787,975 3.61
Brenntag DE EUR 85,615 8,325,213 2.18
Sika (BR) CH CHF 4,399 7,082,805 1.85
Chr. Hansen Holding DK DKK 266,189 6,437,317 1.69
Syngenta (Reg’d) CH CHF 19,449 5,863,376 1.54
41,496,686 10.87
Industrials
Experian IE GBP 1,010,029 13,439,366 3.52
Schindler Holding CH CHF 110,798 11,265,692 2.95
Assa Abloy (B) SE SEK 411,542 10,586,743 2.77
SGS (Reg’d) CH CHF 4,781 7,813,268 2.05
Serco Group GB GBP 1,108,678 7,810,278 2.05
MTU Aero Engines Holding DE EUR 107,353 6,954,300 1.82
Bureau Veritas FR EUR 82,088 6,725,432 1.76
GFK DE EUR 187,737 6,595,213 1.73
Rolls-Royce Holdings GB GBP 535,428 5,689,502 1.49
Schneider Electric FR EUR 98,581 4,755,070 1.25
Rexel FR EUR 308,996 4,315,132 1.13
Wolseley CH GBP 112,215 3,780,250 0.99
Michael Page International GB GBP 817,252 3,662,705 0.96
93,392,951 24.46
Information Technology
SAP DE EUR 298,643 16,783,750 4.40
Alten FR EUR 281,057 6,819,845 1.79
United Internet (Reg’d) DE EUR 383,422 5,918,122 1.55
Wirecard DE EUR 237,301 4,183,611 1.10
Infineon Technologies DE EUR 658,130 3,455,185 0.90
37,160,513 9.73
Consumer Discretionary
PPR FR EUR 74,746 10,139,346 2.66
Informa CH GBP 1,628,730 8,105,638 2.12
Christian Dior FR EUR 66,356 7,348,980 1.92
Schibsted (B) NO NOK 228,911 6,606,178 1.73
William Hill GB GBP 1,429,620 6,008,945 1.57
Inditex ES EUR 58,311 5,740,111 1.50
Tod’s IT EUR 62,123 5,606,636 1.47
ASOS GB GBP 199,355 5,590,307 1.46
Hennes & Mauritz (B) SE SEK 213,409 5,574,293 1.46
60,720,434 15.90
Consumer Staples
Danone FR EUR 258,847 12,275,841 3.21
Anheuser-Busch InBev BE EUR 101,504 6,548,051 1.71
SABMiller GB GBP 169,895 5,608,226 1.47
Glanbia (UK) IE EUR 677,103 4,976,707 1.30
Swedish Match SE SEK 146,823 3,860,673 1.01
33,269,498 8.71
Healthcare
Novo Nordisk (B) DK DKK 122,051 15,175,202 3.97
Eurofins Scientific LU EUR 81,134 9,679,303 2.53
Gerresheimer DE EUR 242,163 9,270,000 2.43
Sonova Holding (Reg’d) CH CHF 77,124 5,985,204 1.57
Cie Generale d’Optique Essilor International FR EUR 84,707 5,891,338 1.54
Grifols ES EUR 208,508 5,579,676 1.46
Fresenius SE & Co DE EUR 61,548 5,416,183 1.42
Elekta (B) SE SEK 361,750 3,977,403 1.04
QIAGEN NL EUR 272,211 3,648,992 0.96
64,623,301 16.92
Telecommunication Services
Avanti Communications Group GB GBP 256,178 850,578 0.22
850,578 0.22
Financials
HSBC Holdings GB GBP 1,789,869 13,550,546 3.55
UBS (Reg’d) CH CHF 701,709 8,117,521 2.13
Deutsche Boerse DE EUR 127,178 5,310,933 1.39
40
ICAP GB GBP 968,271 3,914,486 1.03
30,893,486 8.09
Unlisted
Industrials
Rolls-Royce Holdings (C) GB GBP 44,300,956 55,090 0.01
55,090 0.01
Fractions (5) (0.00)
Total Investments (Cost EUR 304,057,816) 373,136,445 97.72
Futures
Country Ccy Shares or Market % Net
Code Nominal Value Assets
EUR
Ccy Underlying Unrealised % Net
exposure gain / (loss) Assets
EUR
Euro Stoxx 50 Future 21/12/2012 EUR 1,098,162 8,997 0.00
FTSE 100 Index Future 21/12/2012 GBP 439,631 (944) (0.00)
8,053 0.00
Other Assets and Liabilities 8,708,262 2.28
Net Assets 381,852,760 100.00
GEOGRAPHICAL SPLIT
Country Country Code % Net Assets
Germany DE 22.52
UK GB 15.48
France FR 15.26
Switzerland CH 15.19
Sweden SE 6.28
Denmark DK 5.66
Ireland IE 4.82
Spain ES 2.96
Italy IT 2.60
Luxembourg LU 2.53
Norway NO 1.73
Belgium BE 1.71
Netherlands NL 0.96
Cash and other net assets 2.28
The accompanying notes to the financial statements form an integral part of these financial statements. The percentage of net assets in the schedule of investments and in the geographical split is subject to rounding.