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

Fidelity
Funds
European 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
Royal Dutch Shell (Netherlands) (A) NL EUR 12,331,258 326,223,427 4.86
BP GB GBP 34,461,287 189,972,266 2.83
BG Group GB GBP 12,121,995 172,976,758 2.57
Saipem IT EUR 2,860,985 99,161,753 1.48
Transocean (Switzerland) CH CHF 2,786,050 97,866,279 1.46
John Wood Group GB GBP 8,379,271 88,517,797 1.32
AMEC GB GBP 3,076,714 40,555,899 0.60
Aker Solutions NO NOK 2,110,985 31,958,712 0.48
1,047,232,891 15.59
Materials
Anglo American GB GBP 7,135,897 168,868,389 2.51
Johnson Matthey GB GBP 3,345,021 93,551,183 1.39
Linde DE EUR 267,009 34,644,407 0.52
297,063,979 4.42
Industrials
Zodiac Aerospace FR EUR 1,048,735 82,829,067 1.23
Schneider Electric FR EUR 1,414,386 68,222,931 1.02
Serco Group GB GBP 7,359,154 51,842,842 0.77
Siemens (Reg’d) DE EUR 667,464 51,755,128 0.77
Schindler Holding CH CHF 366,869 37,302,401 0.56
Michael Page International GB GBP 6,654,129 29,822,015 0.44
Intertek Group GB GBP 737,649 25,858,653 0.38
MTU Aero Engines Holding DE EUR 161,949 10,491,082 0.16
Rolls-Royce Holdings GB GBP 49,061 521,323 0.01
358,645,442 5.34
Information Technology
SAP DE EUR 3,093,934 173,879,115 2.59
Amadeus IT Holding (A) ES EUR 4,311,608 82,351,712 1.23
Microsoft US USD 3,669,065 80,897,401 1.20
ASML Holding NL EUR 1,172,775 49,784,284 0.74
Google (A) US USD 85,208 44,476,664 0.66
431,389,176 6.42
Consumer Discretionary
WPP IE GBP 19,289,518 191,778,900 2.85
Publicis Groupe FR EUR 4,240,043 176,237,369 2.62
Reed Elsevier NL EUR 12,949,388 134,220,411 2.00
British Sky Broadcasting Group GB GBP 14,914,403 131,496,163 1.96
BMW DE EUR 1,916,864 117,791,300 1.75
LVMH Moet Hennessy Louis Vuitton FR EUR 686,667 86,108,084 1.28
Volkswagen (Pref’d) DE EUR 400,408 63,905,185 0.95
Christian Dior FR EUR 455,242 50,418,037 0.75
Cie Financiere Richemont CH CHF 764,523 38,265,566 0.57
Inditex ES EUR 367,251 36,152,204 0.54
Reed Elsevier (GBP) GB GBP 4,648,345 35,029,336 0.52
Burberry Group GB GBP 2,337,907 33,898,983 0.50
Renault FR EUR 980,720 33,844,648 0.50
1,129,146,186 16.81
Consumer Staples
Danone FR EUR 5,315,680 252,096,106 3.75
British American Tobacco GB GBP 4,808,659 183,549,243 2.73
Nestle (Reg’d) CH CHF 3,229,870 158,180,651 2.35
Unilever NL EUR 5,406,125 153,155,512 2.28
Diageo GB GBP 5,733,460 126,268,877 1.88
Imperial Tobacco Group GB GBP 3,214,481 93,537,929 1.39
Reckitt Benckiser Group GB GBP 1,976,130 92,152,649 1.37
WM Morrison Supermarkets GB GBP 25,545,278 85,102,894 1.27
Swedish Match SE SEK 1,942,612 51,080,395 0.76
L’Oreal FR EUR 363,283 35,699,841 0.53
1,230,824,097 18.32
Healthcare
Sanofi FR EUR 3,608,137 244,703,833 3.64
Roche Holding CH CHF 1,589,192 235,859,093 3.51
Novo Nordisk (B) DK DKK 1,213,413 150,869,451 2.25
GlaxoSmithKline GB GBP 4,877,635 84,098,875 1.25
Bayer (Reg’d) DE EUR 792,696 53,261,251 0.79
Smith & Nephew GB GBP 3,563,447 29,025,027 0.43
Shire IE GBP 1,182,965 25,640,725 0.38
Fresenius Medical Care & Co DE EUR 242,040 13,116,152 0.20
Elan ADR IE USD 1,470,390 12,185,805 0.18
848,760,212 12.63
45
Telecommunication Services
Vodafone Group GB GBP 68,047,942 142,374,118 2.12
142,374,118 2.12
Financials
HSBC Holdings GB GBP 28,564,567 216,253,562 3.22
UBS (Reg’d) CH CHF 18,081,461 209,170,156 3.11
Prudential GB GBP 12,138,756 128,081,681 1.91
Legal & General Group GB GBP 60,704,648 101,155,086 1.51
Barclays GB GBP 33,842,730 95,743,163 1.43
Resolution GB GBP 29,370,337 79,730,344 1.19
ICAP GB GBP 18,171,683 73,463,750 1.09
Lloyds Banking Group GB GBP 143,307,823 72,308,509 1.08
London Stock Exchange Group GB GBP 3,167,437 38,423,434 0.57
Credit Suisse Group (Reg’d) CH CHF 2,108,853 37,729,390 0.56
Ageas - Strip VVPR BE EUR 271,800 1,631 0.00
1,052,060,706 15.66
Securities Admitted to or Dealt on Other Regulated Markets
Industrials
Glencore Finance Europe 5.00% 31/12/2014 LU USD 58,591,635 54,926,552 0.82
54,926,552 0.82
Open Ended Fund
Fidelity Institutional Liquidity Fund - A-ACC-EUR IE EUR 2,430 34,196,400 0.51
34,196,400 0.51
Unlisted
Industrials
Rolls-Royce Holdings (C) GB GBP 3,728,615 4,637 0.00
4,637 0.00
Fractions 4 0.00
Total Investments (Cost EUR 6,025,057,982) 6,626,624,400 98.63
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 20,393,170 (620,428) (0.01)
FTSE 100 Index Future 21/12/2012 GBP 43,453,588 (1,027,802) (0.02)
(1,648,230) (0.02)
Other Assets and Liabilities 93,530,622 1.39
Net Assets 6,718,506,792 100.00
GEOGRAPHICAL SPLIT
Country Country Code % Net Assets
UK GB 40.25
France FR 15.33
Switzerland CH 12.12
Netherlands NL 9.87
Germany DE 7.72
Ireland IE 3.93
Denmark DK 2.25
USA US 1.87
Spain ES 1.76
Italy IT 1.48
Luxembourg LU 0.82
Sweden SE 0.76
Norway NO 0.48
Belgium BE 0.00
Cash and other net assets 1.37
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.