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Fidelity European Values NAV Rise Underperforms Benchmark
Wed, 13th Nov 2013 16:32
LONDON (Alliance News) - Fidelity European Values PLC Wednesday said an increase in net asset value underperformed its benchmark index in the three months to end-September.
The company said net assets value rose 4.15% compared with a 6.99% increase in the FTSE Wold Europe (ex UK) index. However, its own share price rose 7.94%.
Its gearing exposure was 5.36% on September 30.
By Steve McGrath; stevemcgrath@alliancenews.com; @stevemcgrath1
Copyright 2013 Alliance News Limited. All Rights Reserved.
Fidelity European Values Shares in this article
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