Important Information

• The value of investments and the income from them can go down as well as up so you/the client may get back less than you/they invest. Investments are subject to charges and expenses, which reduce the potential growth of the investments. This means you could get back less than you paid in. The costs may decrease or increase as a result of currency and exchange fluctuations. Fund investments concern the acquisition of units or shares in a fund and not in a given underlying asset owned by the fund.
• Bonds: There is a risk that the issuers of bonds may not be able to repay the money they have borrowed or make interest payments. When interest rates rise, bonds may fall in value. Rising interest rates may cause the value of your investment to fall.
• High Yield Bonds: Sub-investment grade bonds are considered riskier bonds. They have an increased risk of default which could affect both income and the capital value of the Fund investing in them.
• Overseas Markets: When investing in overseas markets, the value of the investments can be affected by changes in currency exchange rates. Please refer to the Prospectus and KIID of the fund before making any final investment decisions.
• Currency Hedging: Currency hedging is used to substantially reduce the risk of losses from unfavourable exchange rate movements on holdings in currencies that differ from the dealing currency. Hedging also has the effect of limiting the potential for currency gains to be made.
• Emerging Markets: Investments in emerging markets can be more volatile than other more developed markets.
• Derivatives: Investing in funds which make increased and more complicated use of derivatives, this may result in leverage. In such situations performance may rise or fall more than it would have done otherwise. Those funds may be exposed to the risk of financial loss if a counterparty used for derivative instruments subsequently defaults.
• Sustainability: When referring to sustainability – related aspects of a fund, the decision to invest should take into account all characteristics or objectives of the fund as detailed in the respective Prospectus.
• Other: Reference to specific securities should not be construed as a recommendation to buy or sell these securities and is included for the purposes of illustration only. Complete information on risks can be found in the respective Prospectus.

Important information

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This information does not constitute investment advice unless specifically agreed in a formal communication. Fidelity International refers to the group of companies which form the global investment management organisation that provides information on products and services in designated jurisdictions outside of North America. Fidelity, Fidelity International, the Fidelity International logo and F symbol are registered trademarks of FIL Limited. FIL Limited assets and resources as at 28/02/2026 - data is unaudited. No statements or representations made in this document are legally binding on Fidelity or the recipient. Any proposal is subject to contract terms being agreed.

Certain Information ©2025 MSCI ESG Research LLC. Reproduced by permission; no further distribution. Although Fidelity International’s information providers, including without limitation, MSCI ESG Research LLC and its affiliates (the “ESG Parties”), obtain information from sources they consider reliable, none of the ESG Parties warrants or guarantees the originality, accuracy and/or completeness of any data herein. None of the ESG Parties makes any express or implied warranties of any kind, and the ESG Parties hereby expressly disclaim all warranties of merchantability and fitness for a particular purpose, with respect to any data herein. None of the ESG Parties shall have any liability for any errors or omissions in connection with any data herein. Further, without limiting any of the foregoing, in no event shall any of the ESG Parties have any liability for any direct, indirect, special, punitive, consequential or any other damages (including lost profits) even if notified of the possibility of such damages.

Investors/ potential investors can obtain information on their respective rights regarding complaints and litigation in English here: Complaints handling policy (fidelity.lu) and in German here: Beschwerdemanagement (fidelity.de). The information above includes disclosure requirements of the fund’s management company according to Regulation (EU) 2019/1156.

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