Fidelity Funds - European Dividend Fund31 Jan 2021

Fund Details

Fund Manager Fred Sykes

Reference Currency EUR

Fund Size EUR95m

Max. Sales Charge - Cash(On Net Investment Amount)

5.25%

Annual Management Fee 1.50%

Subscription Information Cash: All share classes

Total No. of Positions 47

Investment ObjectiveThe Fund aims to achieve income and long-term capital growth principally through investmentsin income producing equity securities of companies that have their head office or exercise apredominant part of their activity in Europe. The Investment Manager will target investmentswhich it believes offer attractive dividend yields in addition to price appreciation. The Fund isactively managed and aims to provide income and capital growth. Income will typically be inexcess of MSCI Europe Index (the "Index"). The Index constituents are representative of thetype of companies the Fund invests in. The Fund's performance can be assessed against itsIndex. The Investment Manager has a wide range of discretion relative to the Index. While theFund will hold assets that are components of the Index, it also is expected to invest incompanies, sectors, countries and security types that have different weightings from, and maynot be included in the Index in order to take advantage of investment opportunities. It isexpected that over long time periods, the Fund's performance will differ from the Index.However, over short time periods, the Fund's performance may be close to the Index,depending on market conditions.

Fund Performance (rebased to 100)

Fund A-QINCOME(G)-EURMSCI Europe Index (Net)

Performance is shown for the last 5 years (or since launch forfunds launched within that period), rebased to 100.

Performance (%)

YTD(cum)

1mth(cum)

3mth(cum)

6mth(cum)

1yr(cum)

3yr(ann)

5yr(ann)

SinceLaunch(ann)

A-MINCOME(G)-USD (H) -1.2 -1.2 13.0 6.5 -5.8 3.5 6.2 5.5

With 5% sales charge -6.2 -6.2 7.3 1.1 -10.5 1.8 5.1 4.7

Index (USD H) -0.9 -0.9 16.0 12.0 0.1 4.4 8.6 6.6

A-QINCOME(G)-EUR -1.0 -1.0 13.6 6.6 -8.1 1.4 3.2 5.6

With 5% sales charge -6.0 -6.0 7.9 1.3 -12.7 -0.3 2.1 5.0

Index (EUR) -0.7 -0.7 15.8 11.6 -2.8 2.1 5.5 6.8

A-MCDIST(G)-EUR -1.0 -1.0 13.6 6.7 -8.1 1.4 - 3.8

With 5% sales charge -5.9 -5.9 7.9 1.3 -12.7 -0.4 - 2.5

Index (EUR) -0.7 -0.7 15.8 11.6 -2.8 2.1 - 5.8

Source: Fidelity, NAV-NAV basis, in the respective currencies with dividends re-invested. Returns areannualised for periods greater than 1 year. Please refer to "Share Class Details & Codes" for the launchdates of the respective share classes.

Top 10 Positions (%)Company Sector Fund Index

UNILEVER PLC Consumer Staples 4.1 1.6

ALLIANZ SE Financials 4.0 1.0

SIEMENS AG Industrials 3.5 1.2

SANOFI Health Care 3.4 1.1

EPIROC AB Industrials 3.3 0.2

ST JAMES'S PLACE PLC Financials 3.2 0.1

VONOVIA SE Real Estate 3.1 0.4

RELX PLC Industrials 3.0 0.5

TOTAL SE Energy 2.9 1.1

3I GROUP PLC Financials 2.9 0.2

Geographic Exposure (%)

Fund Index■ United Kingdom 28.4 22.8■ Germany 15.0 15.0■ France 11.7 17.3■ Spain 7.8 3.8■ Sweden 7.2 5.6■ Finland 5.6 1.7■ Netherlands 5.5 6.4■ Denmark 5.1 4.0■ Switzerland 5.0 15.4■ Norway 3.8 1.0■ Others 4.5 7.0■ Cash* 0.4

Sector Exposure (%)

Fund Index■ Financials 33.2 15.2■ Industrials 16.6 14.5■ Consumer Staples 11.3 13.2■ Health Care 9.6 14.7■ Utilities 8.9 5.0■ Materials 5.4 8.4■ Energy 4.6 4.5■ Communication Services 3.8 3.9■ Consumer Discretionary 3.2 11.4■ Real Estate 3.1 1.4■ Information Technology 0.0 7.9■ Cash* 0.4

Certain unclassified items (such as non-equity investments and index futures/options) are excluded. *Cashrefers to any residual cash exposure that is not invested in shares or via derivatives

Equity

27096_Jan21.pdf

Fidelity Funds - European Dividend Fund31 Jan 2021

Measures(A-QINCOME(G)-EUR) Fund Index

Annualised Volatility (3 years) (%) 16.48 -

Beta (3 years) 0.96 -

Sharpe Ratio (3 years) 0.11 -

Price / earnings ratio (x) 20.1 34.0

Price / book ratio (x) 2.2 2.0

Active Money (%) 78.4 -

Share Class Details & CodesShare Class Launch Date NAV Bloomberg Ticker ISIN

A-MINCOME(G)-USD (H) 10 Jan 14 11.38 FFEDAGU LX LU0997587240

A-QINCOME(G)-EUR 03 Dec 12 11.78 FIDAQIE LX LU0742537177

A-MCDIST(G)-EUR 22 Nov 16 9.464 FFEDAGE LX LU1509826779

A-QINC(G): quarterly distributing share class (from gross investment income and from capital on occasion soas to seek to maintain a stable payment). A-MINC(G): monthly distributing share class (from gross investmentincome from capital on occasion so as to maintain a stable payment). Distribution amounts not guaranteed.(H): Share class is hedged to the respective base currency. A-MCDIST(G): monthly distributing share class(from gross investment income and will include realised and unrealised capital gains as well as fromcapital).

IndexMarket Index: MSCI Europe Index (Net)

Index is for comparative purpose only. The same index is used inthe positioning tables on this factsheet.

Calendar Year Performance (%)2016 2017 2018 2019 2020

A-MINCOME(G)-USD (H) 6.4 11.2 -7.5 26.5 -3.7

Index (USD H) 8.6 15.0 -8.2 27.1 -0.4

With 5% sales charge 1.0 5.7 -12.1 20.2 -8.6

A-QINCOME(G)-EUR 1.0 6.6 -10.0 25.4 -6.4

Index (EUR) 2.6 10.2 -10.6 26.0 -3.3

With 5% sales charge -4.1 1.2 -14.5 19.2 -11.1

A-MCDIST(G)-EUR - 6.5 -10.1 25.5 -6.4

Index (EUR) - 10.2 -10.6 26.0 -3.3

With 5% sales charge - 1.2 -14.6 19.2 -11.1

Source: Fidelity, NAV-NAV basis, in the respective currencies with dividends re-invested. Sales charge may belevied by the distributor at its discretion. The stated returns will be reduced by the corresponding salescharge amount being levied by the distributor.

Definition of TermsAnnualised Volatility is a measure of how variable returns for a fund or comparative market index have been around their historical average. Two funds may produce the same returnover a period. The fund whose monthly returns have varied less will have a lower annualised volatility and will be considered to have achieved its returns with less risk.

Beta is a measure of a fund's sensitivity to market movement (as represented by a market index). The beta of the market is 1.00 by definition. A beta of 1.10 shows that the fundcould be expected to perform 10% better than the index in up markets and 10% worse in down markets, assuming all other factors remain constant. Conversely, a beta of 0.85indicates that the fund could be expected to perform 15% worse than the market return during up markets and 15% better during down markets.

Sharpe Ratio is a measure of a fund's risk adjusted performance taking into account the return on a risk-free investment. The ratio allows an investor to assess whether the fund isgenerating adequate returns for the level of risk it is taking. The higher the ratio, the better the risk-adjusted performance has been. If the ratio is negative, the fund has returned lessthan the risk-free rate.

Active Money is the sum of the fund's overweight positions (including effective cash) when compared to the market index.

A position combines all equity investments (including derivatives) linked to an issuing company. Derivatives are included on an exposure basis so they reflect the equivalentunderlying shares needed to generate the same return. Geographic and sector breakdown tables are calculated using the positions methodology.

www.fidelity.com.sg

27096_Jan21.pdf

Fidelity Funds - European Dividend Fund31 Jan 2021

FIL Investment Management (Singapore) Limited [FIMSL] (Co. Reg. No.: 199006300E) is a responsible entity for the fund in Singapore.Prospectus of the fund is available from FIMSL or its distributors upon request. Potential investors should read the prospectus beforeinvesting. All views expressed and references to specific securities are included for illustration only, and should not be construed as anoffer or recommendation. This document is for information only and does not have regard to the specific investment objectives, financialsituation and particular needs of the person who may receive it. Potential investor should seek advice from a financial adviser beforeinvesting. If that potential investor chooses not to seek advice from a financial adviser, he should consider whether the fund is suitablefor him. Past performance of the fund is not indicative of the future performance. Prices can go up and down. The value of the shares ofthe fund and the income accruing to them may fall or rise. Investors investing in a fund denominated in a non-local currency should beaware of exchange rate risk. The fund is not available to US citizens, residents or greencard holders. This advertisement has not beenreviewed by the Monetary Authority of Singapore. Fidelity, Fidelity International, and the Fidelity International logo and F symbol aretrademarks of FIL Limited.

www.fidelity.com.sg

27096_Jan21.pdf

SG_Flag_GlossaryOnPage3

Fidelity Funds - European Dividend Fund31 Jan 2021

Fund Details

Fund Manager Fred Sykes

Reference Currency EUR

Fund Size EUR95m

Max. Sales Charge - Cash(On Net Investment Amount)

5.25%

Annual Management Fee 1.50%

Subscription Information Cash: All share classes

Total No. of Positions 47

Investment ObjectiveThe Fund aims to achieve income and long-term capital growth principally through investmentsin income producing equity securities of companies that have their head office or exercise apredominant part of their activity in Europe. The Investment Manager will target investmentswhich it believes offer attractive dividend yields in addition to price appreciation. The Fund isactively managed and aims to provide income and capital growth. Income will typically be inexcess of MSCI Europe Index (the "Index"). The Index constituents are representative of thetype of companies the Fund invests in. The Fund's performance can be assessed against itsIndex. The Investment Manager has a wide range of discretion relative to the Index. While theFund will hold assets that are components of the Index, it also is expected to invest incompanies, sectors, countries and security types that have different weightings from, and maynot be included in the Index in order to take advantage of investment opportunities. It isexpected that over long time periods, the Fund's performance will differ from the Index.However, over short time periods, the Fund's performance may be close to the Index,depending on market conditions.

Fund Performance (rebased to 100)

Fund A-QINCOME(G)-EUR

MSCI Europe Index (Net)

Performance is shown for the last 5 years (or since launch forfunds launched within that period), rebased to 100.

Performance (%)

YTD(cum)

1mth(cum)

3mth(cum)

6mth(cum)

1yr(cum)

3yr(ann)

5yr(ann)

SinceLaunch(ann)

A-MINCOME(G)-USD (H) -1.2 -1.2 13.0 6.5 -5.8 3.5 6.2 5.5

With 5% sales charge -6.2 -6.2 7.3 1.1 -10.5 1.8 5.1 4.7

Index (USD H) -0.9 -0.9 16.0 12.0 0.1 4.4 8.6 6.6

A-QINCOME(G)-EUR -1.0 -1.0 13.6 6.6 -8.1 1.4 3.2 5.6

With 5% sales charge -6.0 -6.0 7.9 1.3 -12.7 -0.3 2.1 5.0

Index (EUR) -0.7 -0.7 15.8 11.6 -2.8 2.1 5.5 6.8

A-MCDIST(G)-EUR -1.0 -1.0 13.6 6.7 -8.1 1.4 - 3.8

With 5% sales charge -5.9 -5.9 7.9 1.3 -12.7 -0.4 - 2.5

Index (EUR) -0.7 -0.7 15.8 11.6 -2.8 2.1 - 5.8

Source: Fidelity, NAV-NAV basis, in the respective currencies with dividends re-invested. Returns areannualised for periods greater than 1 year. Please refer to "Share Class Details & Codes" for the launchdates of the respective share classes.

Top 10 Positions (%)Company Sector Fund Index

UNILEVER PLC Consumer Staples 4.1 1.6

ALLIANZ SE Financials 4.0 1.0

SIEMENS AG Industrials 3.5 1.2

SANOFI Health Care 3.4 1.1

EPIROC AB Industrials 3.3 0.2

ST JAMES'S PLACE PLC Financials 3.2 0.1

VONOVIA SE Real Estate 3.1 0.4

RELX PLC Industrials 3.0 0.5

TOTAL SE Energy 2.9 1.1

3I GROUP PLC Financials 2.9 0.2

Geographic Exposure (%)

Fund Index■ United Kingdom 28.4 22.8■ Germany 15.0 15.0■ France 11.7 17.3■ Spain 7.8 3.8■ Sweden 7.2 5.6■ Finland 5.6 1.7■ Netherlands 5.5 6.4■ Denmark 5.1 4.0■ Switzerland 5.0 15.4■ Norway 3.8 1.0■ Others 4.5 7.0■ Cash* 0.4

Sector Exposure (%)

Fund Index■ Financials 33.2 15.2■ Industrials 16.6 14.5■ Consumer Staples 11.3 13.2■ Health Care 9.6 14.7■ Utilities 8.9 5.0■ Materials 5.4 8.4■ Energy 4.6 4.5■ Communication Services 3.8 3.9■ Consumer Discretionary 3.2 11.4■ Real Estate 3.1 1.4■ Information Technology 0.0 7.9■ Cash* 0.4

Certain unclassified items (such as non-equity investments and index futures/options) are excluded. *Cashrefers to any residual cash exposure that is not invested in shares or via derivatives

Equity

27096_Jan21.pdf

Fidelity Funds - European Dividend Fund31 Jan 2021

Measures(A-QINCOME(G)-EUR) Fund Index

Annualised Volatility (3 years) (%) 16.48 -

Beta (3 years) 0.96 -

Sharpe Ratio (3 years) 0.11 -

Price / earnings ratio (x) 20.1 34.0

Price / book ratio (x) 2.2 2.0

Active Money (%) 78.4 -

Share Class Details & CodesShare Class Launch Date NAV Bloomberg Ticker ISIN

A-MINCOME(G)-USD (H) 10 Jan 14 11.38 FFEDAGU LX LU0997587240

A-QINCOME(G)-EUR 03 Dec 12 11.78 FIDAQIE LX LU0742537177

A-MCDIST(G)-EUR 22 Nov 16 9.464 FFEDAGE LX LU1509826779

A-QINC(G): quarterly distributing share class (from gross investment income and from capital on occasion soas to seek to maintain a stable payment). A-MINC(G): monthly distributing share class (from gross investmentincome from capital on occasion so as to maintain a stable payment). Distribution amounts not guaranteed.(H): Share class is hedged to the respective base currency. A-MCDIST(G): monthly distributing share class(from gross investment income and will include realised and unrealised capital gains as well as fromcapital).

IndexMarket Index: MSCI Europe Index (Net)

Index is for comparative purpose only. The same index is used inthe positioning tables on this factsheet.

Calendar Year Performance (%)2016 2017 2018 2019 2020

A-MINCOME(G)-USD (H) 6.4 11.2 -7.5 26.5 -3.7

Index (USD H) 8.6 15.0 -8.2 27.1 -0.4

With 5% sales charge 1.0 5.7 -12.1 20.2 -8.6

A-QINCOME(G)-EUR 1.0 6.6 -10.0 25.4 -6.4

Index (EUR) 2.6 10.2 -10.6 26.0 -3.3

With 5% sales charge -4.1 1.2 -14.5 19.2 -11.1

A-MCDIST(G)-EUR - 6.5 -10.1 25.5 -6.4

Index (EUR) - 10.2 -10.6 26.0 -3.3

With 5% sales charge - 1.2 -14.6 19.2 -11.1

Source: Fidelity, NAV-NAV basis, in the respective currencies with dividends re-invested. Sales charge may belevied by the distributor at its discretion. The stated returns will be reduced by the corresponding salescharge amount being levied by the distributor.

Definition of TermsAnnualised Volatility is a measure of how variable returns for a fund or comparative market index have been around their historical average. Two funds may produce the same returnover a period. The fund whose monthly returns have varied less will have a lower annualised volatility and will be considered to have achieved its returns with less risk.

Beta is a measure of a fund's sensitivity to market movement (as represented by a market index). The beta of the market is 1.00 by definition. A beta of 1.10 shows that the fundcould be expected to perform 10% better than the index in up markets and 10% worse in down markets, assuming all other factors remain constant. Conversely, a beta of 0.85indicates that the fund could be expected to perform 15% worse than the market return during up markets and 15% better during down markets.

Sharpe Ratio is a measure of a fund's risk adjusted performance taking into account the return on a risk-free investment. The ratio allows an investor to assess whether the fund isgenerating adequate returns for the level of risk it is taking. The higher the ratio, the better the risk-adjusted performance has been. If the ratio is negative, the fund has returned lessthan the risk-free rate.

Active Money is the sum of the fund's overweight positions (including effective cash) when compared to the market index.

A position combines all equity investments (including derivatives) linked to an issuing company. Derivatives are included on an exposure basis so they reflect the equivalentunderlying shares needed to generate the same return. Geographic and sector breakdown tables are calculated using the positions methodology.

www.fidelity.com.sg

27096_Jan21.pdf

Fidelity Funds - European Dividend Fund31 Jan 2021

FIL Investment Management (Singapore) Limited [FIMSL] (Co. Reg. No.: 199006300E) is a responsible entity for the fund in Singapore.Prospectus of the fund is available from FIMSL or its distributors upon request. Potential investors should read the prospectus beforeinvesting. All views expressed and references to specific securities are included for illustration only, and should not be construed as anoffer or recommendation. This document is for information only and does not have regard to the specific investment objectives, financialsituation and particular needs of the person who may receive it. Potential investor should seek advice from a financial adviser beforeinvesting. If that potential investor chooses not to seek advice from a financial adviser, he should consider whether the fund is suitablefor him. Past performance of the fund is not indicative of the future performance. Prices can go up and down. The value of the shares ofthe fund and the income accruing to them may fall or rise. Investors investing in a fund denominated in a non-local currency should beaware of exchange rate risk. The fund is not available to US citizens, residents or greencard holders. This advertisement has not beenreviewed by the Monetary Authority of Singapore. Fidelity, Fidelity International, and the Fidelity International logo and F symbol aretrademarks of FIL Limited.

www.fidelity.com.sg

27096_Jan21.pdf

Fidelity Funds - European Dividend Fund31 Jan 2021

Fund Details

Fund Manager Fred Sykes

Reference Currency EUR

Fund Size EUR95m

Max. Sales Charge - Cash(On Net Investment Amount)

5.25%

Annual Management Fee 1.50%

Subscription Information Cash: All share classes

Total No. of Positions 47

Investment ObjectiveThe Fund aims to achieve income and long-term capital growth principally through investmentsin income producing equity securities of companies that have their head office or exercise apredominant part of their activity in Europe. The Investment Manager will target investmentswhich it believes offer attractive dividend yields in addition to price appreciation. The Fund isactively managed and aims to provide income and capital growth. Income will typically be inexcess of MSCI Europe Index (the "Index"). The Index constituents are representative of thetype of companies the Fund invests in. The Fund's performance can be assessed against itsIndex. The Investment Manager has a wide range of discretion relative to the Index. While theFund will hold assets that are components of the Index, it also is expected to invest incompanies, sectors, countries and security types that have different weightings from, and maynot be included in the Index in order to take advantage of investment opportunities. It isexpected that over long time periods, the Fund's performance will differ from the Index.However, over short time periods, the Fund's performance may be close to the Index,depending on market conditions.

Fund Performance (rebased to 100)

Fund A-QINCOME(G)-EURMSCI Europe Index (Net)

Performance is shown for the last 5 years (or since launch forfunds launched within that period), rebased to 100.

Performance (%)

YTD(cum)

1mth(cum)

3mth(cum)

6mth(cum)

1yr(cum)

3yr(ann)

5yr(ann)

SinceLaunch(ann)

A-MINCOME(G)-USD (H) -1.2 -1.2 13.0 6.5 -5.8 3.5 6.2 5.5

With 5% sales charge -6.2 -6.2 7.3 1.1 -10.5 1.8 5.1 4.7

Index (USD H) -0.9 -0.9 16.0 12.0 0.1 4.4 8.6 6.6

A-QINCOME(G)-EUR -1.0 -1.0 13.6 6.6 -8.1 1.4 3.2 5.6

With 5% sales charge -6.0 -6.0 7.9 1.3 -12.7 -0.3 2.1 5.0

Index (EUR) -0.7 -0.7 15.8 11.6 -2.8 2.1 5.5 6.8

A-MCDIST(G)-EUR -1.0 -1.0 13.6 6.7 -8.1 1.4 - 3.8

With 5% sales charge -5.9 -5.9 7.9 1.3 -12.7 -0.4 - 2.5

Index (EUR) -0.7 -0.7 15.8 11.6 -2.8 2.1 - 5.8

Source: Fidelity, NAV-NAV basis, in the respective currencies with dividends re-invested. Returns areannualised for periods greater than 1 year. Please refer to "Share Class Details & Codes" for the launchdates of the respective share classes.

Top 10 Positions (%)Company Sector Fund Index

UNILEVER PLC Consumer Staples 4.1 1.6

ALLIANZ SE Financials 4.0 1.0

SIEMENS AG Industrials 3.5 1.2

SANOFI Health Care 3.4 1.1

EPIROC AB Industrials 3.3 0.2

ST JAMES'S PLACE PLC Financials 3.2 0.1

VONOVIA SE Real Estate 3.1 0.4

RELX PLC Industrials 3.0 0.5

TOTAL SE Energy 2.9 1.1

3I GROUP PLC Financials 2.9 0.2

Geographic Exposure (%)

Fund Index■ United Kingdom 28.4 22.8■ Germany 15.0 15.0■ France 11.7 17.3■ Spain 7.8 3.8■ Sweden 7.2 5.6■ Finland 5.6 1.7■ Netherlands 5.5 6.4■ Denmark 5.1 4.0■ Switzerland 5.0 15.4■ Norway 3.8 1.0■ Others 4.5 7.0■ Cash* 0.4

Sector Exposure (%)

Fund Index■ Financials 33.2 15.2■ Industrials 16.6 14.5■ Consumer Staples 11.3 13.2■ Health Care 9.6 14.7■ Utilities 8.9 5.0■ Materials 5.4 8.4■ Energy 4.6 4.5■ Communication Services 3.8 3.9■ Consumer Discretionary 3.2 11.4■ Real Estate 3.1 1.4■ Information Technology 0.0 7.9■ Cash* 0.4

Certain unclassified items (such as non-equity investments and index futures/options) are excluded. *Cashrefers to any residual cash exposure that is not invested in shares or via derivatives

Equity

27096_Jan21.pdf

Fidelity Funds - European Dividend Fund31 Jan 2021

Measures(A-QINCOME(G)-EUR) Fund Index

Annualised Volatility (3 years) (%) 16.48 -

Beta (3 years) 0.96 -

Sharpe Ratio (3 years) 0.11 -

Price / earnings ratio (x) 20.1 34.0

Price / book ratio (x) 2.2 2.0

Active Money (%) 78.4 -

Share Class Details & CodesShare Class Launch Date NAV Bloomberg Ticker ISIN

A-MINCOME(G)-USD (H) 10 Jan 14 11.38 FFEDAGU LX LU0997587240

A-QINCOME(G)-EUR 03 Dec 12 11.78 FIDAQIE LX LU0742537177

A-MCDIST(G)-EUR 22 Nov 16 9.464 FFEDAGE LX LU1509826779

A-QINC(G): quarterly distributing share class (from gross investment income and from capital on occasion soas to seek to maintain a stable payment). A-MINC(G): monthly distributing share class (from gross investmentincome from capital on occasion so as to maintain a stable payment). Distribution amounts not guaranteed.(H): Share class is hedged to the respective base currency. A-MCDIST(G): monthly distributing share class(from gross investment income and will include realised and unrealised capital gains as well as fromcapital).

IndexMarket Index: MSCI Europe Index (Net)

Index is for comparative purpose only. The same index is used inthe positioning tables on this factsheet.

Calendar Year Performance (%)2016 2017 2018 2019 2020

A-MINCOME(G)-USD (H) 6.4 11.2 -7.5 26.5 -3.7

Index (USD H) 8.6 15.0 -8.2 27.1 -0.4

With 5% sales charge 1.0 5.7 -12.1 20.2 -8.6

A-QINCOME(G)-EUR 1.0 6.6 -10.0 25.4 -6.4

Index (EUR) 2.6 10.2 -10.6 26.0 -3.3

With 5% sales charge -4.1 1.2 -14.5 19.2 -11.1

A-MCDIST(G)-EUR - 6.5 -10.1 25.5 -6.4

Index (EUR) - 10.2 -10.6 26.0 -3.3

With 5% sales charge - 1.2 -14.6 19.2 -11.1

Source: Fidelity, NAV-NAV basis, in the respective currencies with dividends re-invested. Sales charge may belevied by the distributor at its discretion. The stated returns will be reduced by the corresponding salescharge amount being levied by the distributor.

Definition of TermsAnnualised Volatility is a measure of how variable returns for a fund or comparative market index have been around their historical average. Two funds may produce the same returnover a period. The fund whose monthly returns have varied less will have a lower annualised volatility and will be considered to have achieved its returns with less risk.

Beta is a measure of a fund's sensitivity to market movement (as represented by a market index). The beta of the market is 1.00 by definition. A beta of 1.10 shows that the fundcould be expected to perform 10% better than the index in up markets and 10% worse in down markets, assuming all other factors remain constant. Conversely, a beta of 0.85indicates that the fund could be expected to perform 15% worse than the market return during up markets and 15% better during down markets.

Sharpe Ratio is a measure of a fund's risk adjusted performance taking into account the return on a risk-free investment. The ratio allows an investor to assess whether the fund isgenerating adequate returns for the level of risk it is taking. The higher the ratio, the better the risk-adjusted performance has been. If the ratio is negative, the fund has returned lessthan the risk-free rate.

Active Money is the sum of the fund's overweight positions (including effective cash) when compared to the market index.

A position combines all equity investments (including derivatives) linked to an issuing company. Derivatives are included on an exposure basis so they reflect the equivalentunderlying shares needed to generate the same return. Geographic and sector breakdown tables are calculated using the positions methodology.

www.fidelity.com.sg

27096_Jan21.pdf

Fidelity Funds - European Dividend Fund31 Jan 2021

FIL Investment Management (Singapore) Limited [FIMSL] (Co. Reg. No.: 199006300E) is a responsible entity for the fund in Singapore.Prospectus of the fund is available from FIMSL or its distributors upon request. Potential investors should read the prospectus beforeinvesting. All views expressed and references to specific securities are included for illustration only, and should not be construed as anoffer or recommendation. This document is for information only and does not have regard to the specific investment objectives, financialsituation and particular needs of the person who may receive it. Potential investor should seek advice from a financial adviser beforeinvesting. If that potential investor chooses not to seek advice from a financial adviser, he should consider whether the fund is suitablefor him. Past performance of the fund is not indicative of the future performance. Prices can go up and down. The value of the shares ofthe fund and the income accruing to them may fall or rise. Investors investing in a fund denominated in a non-local currency should beaware of exchange rate risk. The fund is not available to US citizens, residents or greencard holders. This advertisement has not beenreviewed by the Monetary Authority of Singapore. Fidelity, Fidelity International, and the Fidelity International logo and F symbol aretrademarks of FIL Limited.

www.fidelity.com.sg

27096_Jan21.pdf