Focus on fixed income and credit

Risk warning 

• The value of investments and the income from them may fall or rise, so investors may get back less than the amount invested.
• Past performance is no guarantee of future returns. 
• Foreign currency investments are subject to exchange rate fluctuations.
• Funds promoting environmental and/or social characteristics have a focus on securities of companies that take sustainability features into account. This may have a positive or negative impact on performance, even compared to investments that do not have such a focus. The sustainability characteristics of securities may change.

Important information

This is a marketing communication. This information must not be reproduced or circulated without prior permission. This information is intended for investment professionals only and is not a suitable basis for the general public or private investors.

Fidelity only offers information on products and services and does not provide investment advice based on individual circumstances, other than when specifically stipulated by an appropriately authorised firm, in a formal communication with the client.

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. This communication is not directed at and must not be acted upon by persons inside the United States and is otherwise only directed at persons residing in jurisdictions where the relevant funds are authorised for distribution or where no such authorisation is required. It is your responsibility to ensure that any service, security, investment, fund or product outlined is available in your jurisdiction before any approach is made to Fidelity International. 

Unless otherwise stated all products and services are provided by Fidelity International, and all views expressed are those of Fidelity International. Fidelity, Fidelity International, the Fidelity International logo and F symbol are registered trademarks of FIL Limited. 

This material may contain materials from third parties which are supplied by companies that are not affiliated with any Fidelity entity (Third-Party Content). Fidelity has not been involved in the preparation, adoption or editing of such third-party materials and does not explicitly or implicitly endorse or approve such content. Fidelity International is not responsible for any errors or omissions relating to specific information provided by third parties.

Any performance disclosure is not compliant with German regulations regarding retail clients and must therefore not be handed out to these.

Investments should be made on the basis of the current prospectus in German/Key Investor Information Document (KIID), which is available in German along with the current annual and semi-annual reports free of charge through www.fidelityinternational.com, and from FIL Investment Services GmbH, Postfach 200237, 60606 Frankfurt/Main. Pension clients can receive these documents from FIL Finance Services GmbH, Postfach 200237, 60606 Frankfurt/Main and through www.fidelity.de. 

For German Wholesale clients issued by FIL Investment Services GmbH, Kastanienhöhe 1, 61476 Kronberg im Taunus. 

For German Institutional clients issued by FIL (Luxembourg) S.A., 2a, rue Albert Borschette BP 2174 L-1021 Luxembourg. 

For German Pension clients issued by FIL Finance Services GmbH,  Kastanienhöhe 1, 61476 Kronberg im Taunus. 

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.    

Unless stated differently, information dated as of December 2022.

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