# Fidelity Europe Quality Income UCITS ETF - GBP Hedged Acc
## 30 11 2022

### Product Features
- Designed for investors looking for high dividend income from their equity portfolios.
- Designed to identify financially robust companies.
- Invested in a diversified portfolio of European companies with returns hedged to the base currency of the share class.


### Product Risks
Equity
- Investment return and dividend income is not guaranteed. Investors may get back less than the amount originally invested.
- The fund tracks an equity index and as a result the value of the fund may go down as well as up.
- Investment in the fund carries a degree of risk including those described in the Prospectus.


### Fund Facts
Fund Asset Class	Equity
Primary Ticker	FEQP
Index Name	Fidelity Europe Quality Income Index Fund Base Currency		EUR
Share Class Base Currency	GBP
Share Class Inception	29 11 2017
ISIN	IE00BYSX4408
Share Class Ongoing Charges Figure	0.35%
Fund Domicile	Ireland
Fund Net Assets (m)	EUR 55.56
Share Class Net Assets (m)	GBP 0.95
Share Class Shares Outstanding		150,000 Share Class Use of Income	Accumulating Fund Legal Structure			ICAV
Fund Management Approach	Passive Fund UCITS Compliant		Yes
UCITS eligible	Yes
Fund Management Company	FIL Investment Management
(Luxembourg) S.A.
Fund Custodian		Brown Brothers Harriman Fund Administration Services (Ireland) Limited
Administrator		Brown Brothers Harriman Fund Administration Services (Ireland) Limited
As standard, Fidelity aims to meet all applicable tax reporting requirements for all of the Fidelity ETFs. Applications are made throughout the year depending on the time scale required by each applicable local tax authority of the relevant country that the fund is registered in.

### Investment Objective
|  | 30.11.2017 | 30.11.2018 | 30.11.2019 | 30.11.2020 | 30.11.2021 |
| --- | --- | --- | --- | --- | --- |
| 30.11.2018 | 30.11.2019 | 30.11.2020 | 30.11.2021 | 30.11.2022 |
| Fund | n/a | n/a | n/a | n/a | -7.2 |
| Index | -2.3 | 14.4 | 2.7 | 15.2 | -6.9 |
| Calendar Year Performance (GBP) |
|  | 2021 | 2020 | 2019 | 2018 | 2017 |
| Fund | 23.49 | -1.03 | 27.24 | -7.82 |  |
| Index | 17.69 | 3.03 | 21.57 | -7.46 |  |
|  |  |  |  |  |  |
| Cumulative Performance |  |  |  |  |  |

The fund's objective is to provide investors with a total return, taking into account both capital and income returns, which reflects, before fees and expenses, the return of the Fidelity Europe Quality Income Index. For currency hedged share classes, the return will be hedged to the base currency of the relevant share class. For full details of the objectives please refer to the Key Investor Information Document (KIID) and the Prospectus.

### 12 Month Performance Periods % (GBP)
-
-
145
130
115
100
85
10.18	10.19	10.20	10.21	11.22
Fund	Index
Source: Morningstar. Fund performance data is displayed on a Net Asset Value basis, in Share Class Base Currency terms (as shown in Fund Facts), with income reinvested, net of fees. Brokerage or transaction fees will apply. Data shown does not take into account any Initial Charge that may apply. Past performance is not a guide to future performance and should not be the sole factor of consideration when selecting a product. Returns may increase or decrease as a result of currency fluctuations.
Performance data is based on the net asset value (NAV) of the ETF which may not be the same as the market price of the ETF. Individual shareholders may realise returns that are different to the NAV performance.

### Index Information
Index Provider	FMR Co., Inc.
Calculation Agent	S&P Dow Jones
Rebalance Frequency	Annual
Index Ticker	FIDEUQIN

### Index Description
The Index is designed to reflect the performance of stocks of large and mid-capitalization dividend paying companies that exhibit quality fundamental characteristics from countries within Europe. The Index constituents are screened according to fundamental measures such as free cash flow margin, return on invested capital and free cash flow stability with the objective of identifying financially robust companies. The companies with highest dividend yield are then selected for inclusion within the index. For more information please refer to the index methodology at www.spdji.com.
Important Information:
Before investing you should read the Key Investor Information Document (KIID). The value of investments and any income from them may go down as well as up and an investor may not get back the amount invested. Where an investor's own currency is different to the currency of the fund's investments, the fund's returns can be affected by fluctuations in currency exchange rates. The use of financial derivative instruments may result in increased gains or losses within the fund.

### Dealing Information
Exchange
Trading Currency
Ticker	Bloomberg	Sedol

### Risk and Reward Profile
Lower Risk	Higher Risk
LSE	GBP	FEQP	FEQP LN	BD9GK09
Potentially lower reward	Potentially higher reward
| 1 | 2 | 3 | 4 | 5 | 6 | 7 |
| --- | --- | --- | --- | --- | --- | --- |

- Historical data may not be a reliable indication for the future.
- The risk category shown is not guaranteed and may change over time.
- The lowest category does not mean a "risk free" investment.
- The risk and reward profile is classified by the level of historical fluctuation of the Net Asset Values of the share class, and within this classification, categories 1-2 indicate a low level of historical fluctuations, 3-5 a medium level and 6-7 a high level.
- The value of your investment may fall as well as rise and you may get back less than you originally invested.
- Movements in currency exchange rates can adversely affect the return of your investment. Currency hedging may be used to minimise the effect of this but may not always be successful.


### Top 10 Holdings (%)
Security Names	Fund Weight
Nestle SA	4.3
ASML Holding NV	3.7
Novo Nordisk A/S Class B	3.5
Roche Holding AG	3.3
LVMH Moet Hennessy Louis Vuitton SE	2.8
OMV AG	2.5
Siemens AG	2.4
Aker BP ASA	2.2

### Geographical Exposure Top 10 (%)
Fund	Index

### Sector Exposure Top 10 (%)
Fund	Index
Sanofi SA	1.9
Allianz SE	1.9
France	19.1	19.1
United Kingdom	17.6	17.4
Switzerland	12.9	13.2
Sweden	10.3	10.2
Netherlands	7.8	7.7
Denmark	6.5	6.5
Germany	5.9	5.8
Norway	4.3	4.7
Finland	3.9	3.8
Italy	3.4	3.4
Industrials	17.1	16.9
Financials	15.9	15.8
Healthcare	15.4	15.2
Consumer Staples	13.4	13.4
Consumer Discretionary	10.3	10.5
Information Technology	7.5	7.4
Materials	6.8	6.8
Energy	4.8	5.2
Utilities	4.1	4.0
Telecommunication Services	3.3	3.3

### GLOSSARY
Distribution Yield: The distribution yield represents the ratio of distributed income over the last 12 months to the fund's Net Asset Value as per the date of the factsheet.
Ongoing Charges Figure: Measure of total costs associated with managing and operating the fund. The Ongoing Charges Figure consists of expenses such as administrator fees and auditor fees as well as other operating costs. It excludes performance fees (where applicable) and portfolio transaction costs. It is expressed as a percentage of the net asset value of the fund.
Important information
This information must not be reproduced or circulated without prior permission.
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.
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.
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.
The Key Investor Information Document (KIID) is available in English and can be obtained from our website at www.fidelityinternational.com. The Prospectus may also be obtained from Fidelity. Fidelity UCITS ICAV is registered in Ireland pursuant to the Irish Collective Asset-management Vehicles Act 2015 and is authorised by the Central Bank of Ireland as a UCITS. The Index which the sub-fund of the Fidelity UCITS ICAV is tracking comprises the equity securities of the relevant companies. For more information on the Index, please refer to the publicly available index methodology at www.spdji.com.
Data Source - © 2020 Morningstar, Inc. All Rights Reserved. The information contained herein:
- is proprietary to Morningstar and/or its content providers;
- may not be copied or distributed; and
- is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.

FIL investment Management (Luxembourg) S.A. reserves the right to terminate the arrangements made for the marketing of the sub-fund and/ or its shares in accordance with Article 93a of Directive 2009/65/EC and Article 32a of Directive 2011/61/EU. Prior notice of this cessation will be made in Ireland.
Czech Republic: We recommend that you obtain detailed information before taking any investment decision on the basis of the current prospectus (in English) and KIID (key investor information document), available in English and Czech along with the current annual and semi-annual reports free of charge through https:// www.fidelityinternational.com, from our paying agent UniCredit Bank Czech Republic a.s., Zeletavska 1525/1, 14092 Prag 4 - Michle, Czech Republic. Issued by FIL (Luxembourg) S.A., authorised and supervised by the CSSF (Commission de Surveillance du Secteur Financier). Investors/ potential investors can obtain information on their respective rights regarding complaints and litigation on the following link: www.fidelity.cz in Czech.
Denmark: We recommend that you obtain detailed information before taking any investment decision on the basis of the current prospectus (in English) and KIID (key investor information document), available in English and Danish along with the current annual and semi-annual reports free of charge through https://www.fidelityinternational.com. Issued by FIL (Luxembourg) S.A., authorised and supervised by the CSSF (Commission de Surveillance du Secteur Financier). Investors/ potential investors can obtain information on their respective rights regarding complaints and litigation on the following link: https://www.fidelity.dk in Danish.
Denmark: We recommend that you obtain detailed information before taking any investment decision on the basis of the current prospectus (in English) and KIID (key investor information document), available in English and Danish along with the current annual and semi-annual reports free of charge through https://www.fidelityinternational.com. Issued by FIL (Luxembourg) S.A., authorised and supervised by the CSSF (Commission de Surveillance du Secteur Financier). Investors/ potential investors can obtain information on their respective rights regarding complaints and litigation on the following link: https://www.fidelity.dk in Danish.
Finland: We recommend that you obtain detailed information before taking any investment decision on the basis of the current prospectus (in English) and KIID (key investor information document), available in English and Finnish along with the current annual and semi-annual reports free of charge through https://www.fidelityinternational.com. Issued by FIL (Luxembourg) S.A., authorised and supervised by the CSSF (Commission de Surveillance du Secteur Financier). Investors/ potential investors can obtain information on their respective rights regarding complaints and litigation on the following link: https://www.fidelity.fi in English.
France: We recommend that you obtain detailed information before taking any investment decision on the basis of the current prospectus (in English) and KIID (key investor information document), available in English and French along with the current annual and semi-annual reports free of charge through https://www.fidelityinternational.com. Issued by FIL Gestion, authorised and supervised by the AMF (Autorité des Marchés Financiers) N°GP03-004, 21 Avenue Kléber, 75016 Paris. Investors/ potential investors can obtain information on their respective rights regarding complaints and litigation on the following link: https://www.fidelity.fr in French.
Germany: 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 English) and Key Investor Information Document (KIID), which is available in German along with the current annual and semi-annual reports free of charge from FIL Investment Services GmbH, Postfach 200237, 60606 Frankfurt/Main or www.fidelity.de. For German Wholesale clients issued by FIL Investments 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 on the following link: https://www.fidelity.de (in German).
The information above includes disclosure requirements of the fund’s management company according to Regulation (EU) 2019/1156.
Hungary: We recommend that you obtain detailed information before taking any investment decision on the basis of the current prospectus (in English)/ KIID (key investor information document), available in English and Hungarian along with the current annual and semi-annual reports free of charge through https://www.fidelityinternational.com and from our distributor Raifeisenbank Zentralbank Österreich AG, Akademia u. 6, 1054 Budapest. Issued by FIL (Luxembourg) S.A., authorised and supervised by the CSSF (Commission de Surveillance du Secteur Financier). Investors/ potential investors can obtain information on their respective rights regarding complaints and litigation on the following link: https://www.fidelity.co.hu in Hungarian.
Iceland: Investments should be made on the basis of the current prospectus/Key Investor Information Document (KIID), which is available along with the current annual and semi-annual reports free of charge from your financial advisor or from the branch of your bank. Issued by FIL (Luxembourg) S.A
Italy : We recommend that you obtain detailed information before taking any investment decision on the basis of the current prospectus (in English) and KIID (key investor information document), available in Italian along with the current annual and semi-annual reports free of charge through https://www.fidelity-italia.it. Issued by FIL (Luxembourg) S.A., authorised and supervised by the CSSF (Commission de Surveillance du Secteur Financier). Investors/ potential investors can obtain information on their respective rights regarding complaints and litigation on the following link: https://www.fidelity-italia.it in Italian.
Luxembourg: We recommend that you obtain detailed information before taking any investment decision on the basis of the current prospectus (in English) and KIID (key investor information document), available in German, French and English along with the current annual and semi-annual reports free of charge through https:// www.fidelityinternational.com. Investors/ potential investors can obtain information on their respective rights regarding complaints and litigation on the following link: https:// www.fidelity.lu in English. Issued by FIL (Luxembourg) S.A., authorised and supervised by the CSSF (Commission de Surveillance du Secteur Financier).
Netherlands: We recommend that you obtain detailed information before taking any investment decision on the basis of the current prospectus (in English) and KIID (key investor information document), available in English and Dutch along with the current annual and semi-annual reports free of charge through https:// www.fidelityinternational.com In the Netherlands, documents are available from FIL (Luxembourg) S.A., Netherlands Branch (registered with the AFM), World Trade Centre, Tower H, 6th Floor, Zuidplein 52, 1077 XV Amsterdam (tel. 0031 20 79 77 100). The Fund is authorised to offer participation rights in the Netherlands pursuant to article 2:66
(3) in conjunction with article 2:71 and 2:72 Financial Supervision Act. Issued by FIL (Luxembourg) S.A., authorised and supervised by the CSSF (Commission de Surveillance du Secteur Financier). Investors/ potential investors can obtain information on their respective rights regarding complaints and litigation on the following link: https://www.fidelity.nl in Dutch.
Norway: We recommend that you obtain detailed information before taking any investment decision on the basis of the current prospectus (in English) and KIID (key investor information document), available in English and Norwegian along with the current annual and semi-annual reports free of charge through https://www.fidelityinternational.com. Issued by FIL (Luxembourg) S.A., authorised and supervised by the CSSF (Commission de Surveillance du Secteur Financier). Investors/ potential investors can obtain information on their respective rights regarding complaints and litigation on the following link: https://www.fidelity.no in English.
Portugal: We recommend that you obtain detailed information before taking any investment decision on the basis of the current prospectus (in English) and KIID (key investor information document), available in Portuguese along with the current annual and semi-annual reports free of charge through https://www.fidelityinternational.com. Issued by FIL (Luxembourg) S.A., authorised and supervised by the CSSF (Commission de Surveillance du Secteur Financier). Investors/ potential investors can obtain information on their respective rights regarding complaints and litigation on the following link: ps://www.fidelity.pt in Portuguese.
Slovakia: We recommend that you obtain detailed information before taking any investment decision on the basis of the current prospectus (in English) and KIID (key investor information document), available in English and Slovakian along with the current annual and semi-annual reports free of charge through https://www.fidelityinternational.com and from our paying agent UniCredit Bank Slovakia, a.s., Sancova 1/A 81333, Slovakia. Issued by FIL (Luxembourg) S.A., authorised and supervised by the CSSF (Commission de Surveillance du Secteur Financier). Investors/ potential investors can obtain information on their respective rights regarding complaints and litigation on the following link: https://www.fidelity.sk in Slovakian.
Sweden: We recommend that you obtain detailed information before taking any investment decision on the basis of the current prospectus (in English) and KIID (key investor information document), available in Swedish along with the current annual and semi-annual reports free of charge through https://www.fidelityinternational.com and from our European Service Centre in Luxembourg, FIL (Luxembourg) S.A. 2a, rue Albert Borschette BP 2174 L-1021 Luxembourg. Issued by FIL (Luxembourg) S.A., authorised and supervised by the CSSF (Commission de Surveillance du Secteur Financier). Investors/ potential investors can obtain information on their respective rights regarding complaints and litigation on the following link: https://www.fidelity.se in Swedish.
Spain: We recommend that you obtain detailed information before taking any investment decision on the basis of the current prospectus (in English) and KIID (key investor information document), available in Spanish along with the current annual and semi-annual reports free of charge through https://www.fidelityinternational.com. Issued by FIL (Luxembourg) S.A., authorised and supervised by the CSSF (Commission de Surveillance du Secteur Financier). Investors/ potential investors can obtain information on their respective rights regarding complaints and litigation on the following link: https://www.fidelity.es in Spanish.
Poland: Before taking any investment decision you should obtain detailed information. Investments should be made on the basis of the current prospectus (in English), the Key Investor Information Document and the Additional Information for Investors, available in English and Polish along with the current annual and semi-annual reports free of charge through https://www.fidelityinternational.com, from our distributors, from our European Service Centre in Luxembourg, and from the fund’s representative office in Poland. Issued by FIL (Luxembourg) S.A., authorised and supervised by the CSSF (Commission de Surveillance du Secteur Financier). Investors/ potential investors can obtain information on their respective rights regarding complaints and litigation on the following link: https://www.fidelity.pl in Polish.
United Kingdom: We recommend that you obtain detailed information before taking any investment decision on the basis of the current prospectus (in English) and KIID (key investor information document), available in English along with the current annual and semi-annual reports free of charge through https://www.fidelityinternational.com. Please note that not all funds in the ICAV fund range are suitable for UK investors and tax advice should be sought before investing. Fidelity UCITS ICAV is recognised under section 264 of the Financial Services and Markets Act 2000. Investors should note that loss caused by such recognised funds will not be covered by the provisions of the Financial Services Compensation Scheme (or by any similar scheme in Ireland) if the fund is unable to meet its obligations, however claims for loss in regard to such recognised funds against a Financial Conduct Authority authorised firm such as Fidelity will be. Investors/ potential investors can obtain information on their respective rights regarding complaints and litigation on the following link: https://www.fidelity.co.uk in English. Issued by FIL Pensions Management, authorised and regulated by the Financial Conduct Authority.
CL19066301

Translation (ENIT, 2022-11-30):
# Fidelity Europe Quality Income UCITS ETF - GBP Hedged Acc
## 30 novembre 2022

### Caratteristiche del prodotto
- Studiato per investitori azionari che cercano un elevato reddito da dividendo dai rispettivi portafogli azionari.
- Studiato per individuare aziende finanziariamente solide.
- Investito in un portafoglio diversificato di aziende europee con rendimenti coperti nella valuta base della classe di azioni.


### Rischi del prodotto
Azionario
- Il rendimento dell'investimento e il reddito da dividendo non sono garantiti. Gli investitori potrebbero realizzare una somma inferiore a quella inizialmente investita.
- Il comparto riproduce un indice azionario e di conseguenza il suo valore può aumentare o diminuire.
- L'investimento nel comparto comporta determinati rischi, compresi quelli indicati nel Prospetto.


### Informazioni sul Fondo

#### Classe di attività del Fondo	Azionario Ticker principale		FEQP

#### Nome dell'indice	Fidelity Europe Quality Income

#### Index

#### Valuta di base del Fondo	EUR

#### Valuta base della Classe di azioni			GBP Lancio della Classe di azioni	29 novembre 2017 ISIN		IE00BYSX4408

### Obiettivo d’investimento
| 30.11.2017 | 30.11.2018 | 30.11.2019 | 30.11.2020 | 30.11.2021 |
| --- | --- | --- | --- | --- |
|  | 30.11.2018 | 30.11.2019 | 30.11.2020 | 30.11.2021 | 30.11.2022 |
| Fondo | n/d | 18,6 | -1,2 | 19,8 | -7,5 |
| Indice | -2,3 | 14,4 | 2,7 | 15,2 | -6,9 |

L’obiettivo del comparto è offrire agli investitori un rendimento totale, che tenga conto sia del capitale, sia del rendimento, e sia allineato - al lordo di commissioni e spese - al rendimento dell’indice Fidelity Europe Quality Income. Per le classi di azioni coperte in valuta il rendimento verrà coperto nella valuta base della classe di azioni corrispondente. Per ulteriori informazioni sugli obiettivi consultare il KIID (Key Investor Information Document) ed il Prospetto.

### Periodo rendimento 12 mesi % (GBP)

#### Dati relativi alle commissioni correnti della Classe
| Domicilio del Fondo | Irlanda |  |
| --- | --- | --- |
|  |  |  |  |  |  |  |  |
| Patrimonio netto del Fondo (m) | EUR 55,56 | Performance anno solare | (GBP) |  |  |  |  |
|  |  |  |  |  |  |  |  |
| Patrimonio netto della Classe di azioni (m) | GBP 0,95 |  | 2021 | 2020 | 2019 | 2018	2017 |  |
| Azioni della Classe di azioni in circolazione | 150.000 | Fondo | 23,49 | -1,03 | 27,24 | -7,82 |  |
| Uso dei proventi della Classe di azioni | Accumulazione | Indice | 17,69 | 3,03 | 21,57 | -7,46 |  |
| Struttura giuridica del Fondo | ICAV |  |  |  |  |  |  |
|  |  |  |  |  |  |  |  |
| Approccio alla gestione del fondo | Passive | Performance cumulativa |  |  |  |  |  |


#### di azioni

#### 0,35%

#### -

#### -

#### Fondo conforme UCITS	Sì

#### OICVM consentiti	Sì

#### Società di gestione del Fondo	FIL Investment Management

#### (Luxembourg) S.A.

#### Brown Brothers Harriman Fund
145
130
115

#### Depositario del Fondo

#### Amministratore

#### Administration Services (Ireland)

#### Limited Brown Brothers Harriman Fund

#### Administration Services (Ireland)

#### Limited
100
85
10.18	10.19	10.20	10.21	11.22
Come criterio standard Fidelity punta a soddisfare tutti i requisiti di redazione di bilancio sulle imposte applicabili per tutti gli ETF Fidelity Le sottoscrizioni vengono fatte durante tutto l'anno in base allo scadenziario richiesto da ciascun ente fiscale locale competente del paese in questione in cui il Fondo è registrato.
Fondo	Indice
Fonte: Morningstar. I dati relativi alla performance del Fondo sono rappresentati sulla base del Valore patrimoniale netto (NAV), in termini di Valuta base della Classe di Azioni (come indicato nei dati relativi al Fondo), con reddito netto reinvestito, al netto delle imposte Vengono applicate le commissioni di intermediazione o transazione. I dati indicati non tengono conto dell'eventuale Commissione d’ingresso applicata. La performance passata non è indicativa di performance futura e non deve essere il solo fattore da tenere in considerazione ai fini della scelta di un prodotto.
I rendimenti possono aumentare o diminuire a seguito delle fluttuazioni della valuta. I dati della performance sono basati sul Valore patrimoniale netto (NAV) dell’ETF, che può non coincidere con il suo prezzo di mercato. I singoli azionisti possono ottenere rendimenti diversi rispetto alla performance basata sul NAV.

### Informazioni sull'indice

#### Fornitore dell'indice	FMR Co., Inc.

#### Agente di calcolo	S&P Dow Jones

#### Frequenza di ribilanciamento		Annuo Ticker dell'indice	FIDEUQIN

### Descrizione dell'indice
L’Indice è studiato in modo da rispecchiare la performance di azioni di società a grande e media capitalizzazione di paesi europei che pagano dividendi e si caratterizzano per la qualità dei fondamentali. Le componenti dell’Indice vengono selezionate in funzione di misure dei fondamentali come il free cash flow margin, la redditività del capitale investito e la free cash flow stability al fine di individuare aziende finanziariamente solide. Le aziende che pagano un dividendo più elevato vengono scelte per essere inserite nell'indice. Per ulteriori informazioni consultare la metodologia di indici disponibili pubblicamente sul sito www.spdji.com.

#### Informazioni importanti:
Leggere il documento informativo chiave per gli investitori (KIID) prima dell'investimento. Il valore degli investimenti e di qualsiasi rendita derivante può scendere o salire e l'investitore può non recuperare l'importo investito in partenza. Se la valuta di un investitore è diversa da quella degli investimenti del fondo i rendimenti del fondo possono essere interessati da fluttuazioni nei tassi di cambio valutario. Maggiori informazioni in relazione ai rischi in generale sono contenute nella sezione "Fattori di Rischio" del prospetto.

### Informazioni sull'operazione

#### Cambio

#### Valuta di scambio

#### Ticker	Bloomberg	Sedol

### Profilo di Rischio e di Rendimento
Rischio più	
Rischio più

#### LSE	GBP	FEQP	FEQP LN	BD9GK09
Basso
Rendimento potenzialmente più basso
Elevato
Rendimento potenzialmente più
elevato
| 1 | 2 | 3 | 4 | 5 | 6 | 7 |
| --- | --- | --- | --- | --- | --- | --- |

- I dati storici potrebbero non costituire un'indicazione affidabile circa il futuro.
- La categoria di rischio indicata non è garantita e può cambiare nel tempo.
- La classe più bassa non corrisponde ad un investimento "esente da rischi"
- Il profilo dei rischi e dei profitti viene classificato in base al livello di fluttuazione storica dei valori netti del patrimonio e all'interno di questa classifica le classi 1-2 indicano un basso livello di fluttuazioni storiche, 3-5 un livello medio e 6-7 un livello alto.
- Il valore dell'investimento in questione può scendere o salire e il cliente può ricavarne un importo inferiore a quanto ha originariamente investito.
- I movimenti in tassi di cambio in valuta possono condizionare negativamente il rendimento dell'investimento. Si possono utilizzare coperture in valuta per ridurre al minimo tali effetti ma non sempre si possono avere i risultati sperati.


### Prime 10 partecipazioni (%)
| Security Names | Ponderazione Fondo |
| --- | --- |
| Nestle SA | 4,3 |
| ASML Holding NV | 3,7 |
| Novo Nordisk A/S Class B | 3,5 |
| Roche Holding AG | 3,3 |
| LVMH Moet Hennessy Louis Vuitton SE | 2,8 |
| OMV AG | 2,5 |
| Siemens AG | 2,4 |
| Aker BP ASA | 2,2 |
| Sanofi SA | 1,9 |
| Allianz SE | 1,9 |

Top 10 per esposizione geografica (%)

#### Fondo	Indice

#### Francia	19,1	19,1

#### Regno Unito	17,6	17,4

#### Svizzera	12,9	13,2

#### Svezia	10,3	10,2

#### Olanda	7,8	7,7

#### Danimarca	6,5	6,5

#### Germania	5,9	5,8

#### Norvegia	4,3	4,7

#### Finlandia	3,9	3,8

#### Italia	3,4	3,4

### Top 10 per esposizione settoriale (%)

#### Fondo	Indice

#### Prodotti industriali	17,1	16,9

#### Financials	15,9	15,8

#### Sanitari	15,4	15,2

#### Consumer Staples	13,4	13,4

#### Consumer Discretionary	10,3	10,5

#### Information Technology	7,5	7,4

#### Materials	6,8	6,8

#### Energia	4,8	5,2

#### Servizi di pubblica utilità	4,1	4,0

#### Telecommunication Services	3,3	3,3

### GLOSSARIO
Rendimento di distribuzione: Il rendimento di distribuzione rappresenta il rapporto del reddito distribuito negli ultimi 12 mesi con il Valore patrimoniale netto del fondo alla data del presente documento.
Commissioni correnti: Indicano i costi totali associati alla gestione e al funzionamento del fondo. Le Commissioni correnti comprendono i costi di amministrazione, di verifica e altri costi operativi e non comprendono le commissioni di performance (se applicate) né i costi di transazione del portafoglio e sono espresse in percentuale al valore patrimoniale netto del fondo.

#### Informazioni Importanti
Prima dell’adesione leggere attentamente il prospetto e il documento contenente le informazioni chiave per gli investitori (“KIID”), i quali sono stati debitamente pubblicati, in lingua italiana, presso la Consob e sono disponibili presso i soggetti collocatori, nonché sul sito www.fidelity-italia.it. Se non altrimenti specificato, i commenti sono quelli di Fidelity. Queste informazioni non devono essere riprodotte o circolarizzate senza autorizzazione preventiva. Fidelity fornisce esclusivamente informazioni sui suoi prodotti e non offre consulenza sugli investimenti basata su circostanze individuali, salvi i casi in cui ciò stato specificamente concordato da una società autorizzata in una comunicazione formale con il cliente. Fidelity International si riferisce al gruppo di società che compone l'organizzazione globale di gestione di investimenti che fornisce informazioni su prodotti e servizi in determinate giurisdizioni, ad eccezione dell'America settentrionale. Questa comunicazione non è diretta e non deve essere diretta a persone residenti negli Stati Uniti o ad altri soggetti residenti in paesi dove i fondi non sono autorizzati alla distribuzione o dove non è richiesta alcuna autorizzazione. Salva espressa indicazione in senso contrario, tutti i prodotti sono forniti da Fidelity International e tutte le opinioni espresse sono di Fidelity International. Fidelity, Fidelity International, il logo di Fidelity International e il simbolo "F" sono marchi registrati da FIL Limited. Vi invitiamo ad ottenere informazioni dettagliate prima di prendere decisioni di investimento. Tali decisioni devono basarsi sul Prospetto in vigore e sul documento contenente informazioni chiave per gli investitori (KIID) , disponibilie assieme alla relazione annuale e semestrale senza costi presso i nostri distributori, presso il nostro Centro Europeo di Servizi in Lussemburgo , FIL (Luxembourg) S.A. 2a, rue Albert Borschette BP 2174 L-1021 Lussemburgo. Fidelity UCITS ICAV è costituita in Irlanda in conformità all' Irish Collective Asset-management Vehicles Act 2015 ed è autorizzata dalla Central Bank of Ireland come OICVM. L'indice seguito dal fondo di Fidelity UCITS ICAV comprende i titoli azionari delle relative società. Per maggiori informazioni in merito all'Indice, consultare la metodologia disponibile al pubblico al sito www.spdji.com. FIL Investment Management (Luxembourg) S.A. si riserva il diritto di risolvere gli accordi in essere per la distribuzione del comparto e/o delle sue azioni ai sensi dell’articolo 93a della Direttiva 2009/65/CE e dell'articolo 32a della Direttiva 2011/61/UE. Il preavviso di risoluzione verrà dato in Lussemburgo. Fonte dati
- © [2019] Morningstar, Inc. Tutti i diritti sono riservati. Le informazioni qui riportate: (1) sono di proprietà di Morningstar e/o dei relativi fornitori di contenuti; (2) non possono essere copiate né distribuite; e (3) non sono necessariamente accurate, complete o tempestive. Morningstar e i suoi fornitori di contenuto declinano qualsiasi responsabilità per eventuali danni o perdite derivanti dall’utilizzo di tali informazioni. Italia: Gli investimenti dovranno essere effettuati sulla base del prospetto informativo/Informazioni chiave per gli investitori (KIID) vigenti, disponibili gratuitamente unitamente alle relazioni annuali e semestrali presso il proprio consulente finanziario nonché presso una filiale della propria banca. Pubblicato da FIL (Luxembourg) S.A.
Italia: Vi invitiamo ad ottenere informazioni dettagliate prima di prendere decisioni di investimento. Tali decisioni devono basarsi sul prospetto in vigore (in inglese) e sul documento contenente le informazioni chiave per gli investitori (KIID), in italiano, disponibile gratuitamente - assieme alle relazioni annuale e semestrale - su https:// www.fidelityinternational.com, o presso il nostro Centro Europeo di Servizi in Lussemburgo, FIL (Luxembourg) S.A. 2a, rue Albert Borschette BP 2174 L-1021 Lussemburgo. Emesso da FIL (Luxembourg) S.A., autorizzato e controllato dalla CSSF (Commission de Surveillance du Secteur Financier). Per gli investitori / investitori potenziali le informazioni sui rispettivi diritti relativamente a reclami e controversie sono disponibili al link: https://www.fidelity.italia.it in italiano.

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