# Management and Governance
### The SICAV
Name and registered office
Fidelity Funds
2a Rue Albert Borschette, BP 2174 L-1246 Luxembourg
Website fidelityinternational.com
Legal structure Open-ended investment scheme organised
as a société d’investissement à capital variable (SICAV)
Legal jurisdiction Luxembourg Incorporated 15 June 1990 Duration Indefinite
Articles of incorporation First published in the Mémorial, Recueil Spécial des Sociétés et Associations on 21 August 1990; latest amendments published in the Mémorial on 3 April 2019
Regulatory authority
Commission de Surveillance du Secteur Financier
283, route d’Arlon, L-1150 Luxembourg
Registration	number	(Luxembourg	Trade	and Companies Register) 34 036
Financial year 1 May to 30 April
Capital Sum of the net assets of all of the funds
Minimum capital EUR 1,250,000 or equivalent in any other currency
Par value of shares None
Structure and Governing Law
The SICAV qualifies as an UCITS under Part 1 of the 2010 Law, and is registered as such with the CSSF. Registration with the CSSF does not constitute an endorsement or any statement about the adequacy or accuracy of a prospectus. The SICAV functions as an “umbrella fund” under which the funds are created and operate. The assets and liabilities of each fund are segregated from those of other funds; there is no cross- liability, and a creditor of one fund has no recourse to the assets of any other fund.
Disputes arising among the shareholders, the Management Company and the depositary will be settled according to Luxembourg law and subject to the jurisdiction of the District Court of Luxembourg. However, with disputes involving investors who are residents of other countries, or transactions in shares occurring in other countries, the Management Company or the depositary may choose to submit themselves, and the SICAV, to the jurisdiction of courts or laws of those countries. To lodge a complaint, contact the Compliance Department of the Management Company (see contact information on page 3).
The ability for a shareholder to bring a claim against the SICAV expires 5 years after the event on which the claim would be based.
The Board
Anne Richards, CVO, CBE (Chair)
CEO, FIL
United Kingdom
Anouk Agnes (Independent director)
Luxembourg
Dr. Yousef A. Al-Awadi, KBE (Non-executive director)
Kuwait
Romain Boscher (Non-executive director) Didier Cherpitel (Non-executive director) Switzerland
Carine Feipel (independent director)
Luxembourg
Jeffrey Lagarce (Non-executive director)
USA
Glen Moreno (Non-executive director)
USA
Jon Skillman (Independent director)
Luxembourg
FIL (Luxembourg) S.A.
Represented by Nishith Gandhi
The Board is responsible for the overall investment policy, objectives, and management of the SICAV and funds and, as described more fully in the articles, has broad powers to act on behalf of the SICAV and the funds, including:
- appointing and supervising the management company
- setting investment policy and approving the appointment of any investment manager, sub-investment manager, or investment adviser
- making all determinations regarding the launch, modification, merger, split, termination, or discontinuation of funds and share classes, including such matters as timing, pricing, fees, distribution policy and payment of dividends, liquidation of the SICAV, and other conditions
- determining eligibility requirements and ownership restrictions for investors in any fund or share class, and what steps may be taken in the case of any violation
- determining the availability of any share class to any investor or distributor or in any jurisdiction
- determining when and how the SICAV will exercise its rights and will distribute or publicise shareholder communications
- ensuring that the appointments of the Management Company and the depositary are consistent with the 2010 Law and any applicable contracts of the SICAV
- determining whether to list any shares on the Luxembourg Stock Exchange (which is currently done for some shares) or any other stock exchangesThe Board has delegated the day-to-day management of the SICAV and its funds to the Management Company, which in turn has delegated some or all of its duties to variousInvestment Managers and other service providers, subject to its overall control and supervision.

The Board is responsible for the information in this prospectus and has taken all reasonable care to ensure that it is materially accurate, complete, and not misleading. The prospectus will be updated as required when funds are added or discontinued or when other material changes are made.
Directors serve until their term ends, they resign, or they are revoked, in accordance with the articles. Any additional directors will be appointed in accordance with the articles and Luxembourg law. Independent directors (directors who are not employees of any FIL Group entity) are entitled to receive compensation for serving on the Board and reimbursement of expenses related to their service as directors.
The Directors shall be indemnified by the SICAV against liability and related expenses in connection with any claim brought against such person by reason of their having been such Director or officer, provided that no indemnity shall be provided against liability to the SICAV or its shareholders by reason of willful misfeasance, bad faith, negligence or reckless disregard of duties or with respect to any matter as to which they shall have been finally adjudicated not to have acted in good faith in the reasonable belief that their action was in the best interests of the SICAV.
Professional Firms Engaged by the SICAV
The Management Company and various professional firms are engaged by the SICAV through service agreements that extend for an indefinite period. The SICAV may terminate any of these service agreements immediately if it determines it is in the shareholders’ interest. Otherwise, a holder of any of these service agreements can resign or be replaced by the SICAV (upon 90 days’ notice in case of the depositary). Regardless of the circumstances of termination, any professional firm must cooperate fully with a transition of its duties, consistent with its service agreement, its duties under law, and the instructions of the Board.
Management company
See “The Management Company” on page 225.
Administrator
FIL Investment Management (Luxembourg) S.A.
2a Rue Albert Borschette, BP 2174 L-1246 Luxembourg
See “The Management Company” on page 225.
Depositary
Brown Brothers Harriman (Luxembourg) S.C.A.
80 Route d’Esch
L-1470 Luxembourg
The depositary provides such services as:
- safekeeping the assets of the SICAV (custody of assets that can be held in custody and ownership verification and record keeping of other assets)
- fulfilling oversight duties to ensure that the activities defined in the depositary agreement are carried out in accordance with the Board’s instructions and, above all, with the 2010 Law and the articles; these activities include the calculation of NAV, the issuing of fund shares, and the timely receipt and allocation of income and revenues to each fund and share class, among others
- cash flow monitoringThe depositary must use reasonable care in exercising its functions and is liable to the SICAV and shareholders for any losses that result from failing to properly perform its duties, as defined in the depositary agreement.

It may entrust some or all of SICAV’s assets to third party financial institutions (such as banks or clearinghouses), but this will not affect its liability. The fees of any third-party delegate appointed by the Depositary shall be paid by the SICAV.
Up-to- date information on sub-custodians is available at
bbh.com/luxglobalcustodynetworklist.
Where the law of a third country requires that certain investments be held in custody by a local entity, but no local entities satisfy the delegation requirement, the depositary may nevertheless delegate to a local entity so long as the SICAV has informed investors and has given the depositary appropriate instructions.
The depositary is not allowed to carry out activities with regard to the SICAV that may create conflicts of interest between the SICAV, the shareholders, and the depositary itself (including its service providers), unless it has properly identified any such potential conflicts of interest, has functionally and hierarchically separated the performance of its depositary tasks from its other potentially conflicting tasks, and the potential conflicts of interest are properly identified, managed, monitored, and disclosed to the SICAV and its shareholders. The depositary’s current conflicts of interest policy is available free of charge upon request to the depositary.
Lending agents
Brown Brothers Harriman & Co.
Boston, Massachusetts Citibank N.A. London Branch London, UK
The lending agents carry out Securities lending transactions and the management of associated collateral. Neither lending agent is an affiliate of the investment manager.
Auditor
Deloitte Audit S.à r.l.
20, Boulevard de Kockelscheuer L-1821 Luxembourg
The auditor provides independent review of the financial statements of the SICAV and all funds once a year. The auditor also verifies all performance fee calculations. The appointment is subject to shareholder’s approval at each annual general meeting.
Shareholder Meetings and Voting
The annual general meeting is generally held in Luxembourg at 12:00 Noon CET on the first Thursday in October each year, or if that is not a banking day in Luxembourg, then the next day that is. To the extent provided by Luxembourg law, the Board may choose to hold the annual general meeting at a different time, day, or place. Other shareholder meetings may be held at other places and times. All meetings are subject to appropriate approval and notification.
Written notice convening annual general meetings will be provided to shareholders as required by Luxembourg law and the articles.
Resolutions concerning the interests of all shareholders generally will be taken in a general meeting. The shareholders of a fund may hold a general meeting to decide on any matter that relates exclusively to that fund.
The right of a shareholder to attend a general meeting of shareholders and to exercise the voting rights attaching to their shares shall be determined by reference to shares held by this shareholder as at the Record Date
.
For information on admission and voting at any meeting, refer to the applicable convening notice.
Liquidation or Merger
Any decision of the Board to terminate, merge, split, or liquidate a share class, a fund, or the SICAV will be communicated to shareholders in accordance with Luxembourg law; see the section “Notices, Publications and Other Information”.
Liquidation of the SICAV, a fund or share class
The Board may decide to liquidate or divide into two or more funds or classes any share class or fund in the event that:
- the assets of the class or fund have fallen below USD 50 million
- the Board believes that it is justified either by a change in the economic or political situation relating to the fund or the class or that the interests of shareholders would justify itThe liquidation decision will be published or notified to the shareholders of the relevant fund prior to the effective date of the liquidation and the publication or notification will indicate the reasons and the procedures for the liquidation. Unless the Board otherwise decides in the interests of, or to keep equal treatment between, the shareholders, the shareholders of the fund or the class of shares concerned may continue to request redemption or conversion of their shares.

In all other circumstances or where the Board determines that the decision should be put to shareholders for approval, the decision to liquidate a fund or a class of Shares may be taken at a meeting of shareholders of the fund or class of Shares to be liquidated. At such meeting, no quorum shall be required and the decision to liquidate will be taken by simple majority of the votes cast. The decision of the meeting will be notified and/or published by the SICAV in accordance with applicable laws and regulations.
The Board may also, under the circumstances provided in the first paragraph above, decide upon the reorganisation of any fund by means of a division into two or more separate funds or to consolidate or split any Share classes within a fund. To the extent required by Luxembourg law, such decision will be published or notified, if appropriate, in the same manner as described in the first paragraph of this section. The Board may also decide to submit the question of the consolidation or split of classes of Shares to a meeting of shareholders of such classes. No quorum is required for this meeting and decisions are taken by the simple majority of the votes cast.
The SICAV is established for unlimited duration but may be liquidated at any time by resolution of shareholders in accordance with Luxembourg law. A general meeting of the shareholders will be called to consider the liquidation of the SICAV if the value of the SICAV’s net assets should decline to less than two-thirds of the minimum capital required by law. The minimum capital required by Luxembourg law is currently the equivalent of Euro 1,250,000. In the event of any contemplated liquidation of the SICAV, no further issues, switchings, or redemptions of Shares will be permitted after publication of the first notice convening the general meeting of Shareholders for the purpose of winding up the SICAV. All Shares outstanding at the time of such publication will participate in the SICAV’s liquidation distribution.
Amounts from liquidation of the SICAV or a fund that cannot be distributed to the shareholders within a period of nine
months will be deposited in escrow with the Caisse de Consignation until the statutory period of limitation has elapsed. Amounts unclaimed within 30 years may be forfeited.
If, after the closure or liquidation of a fund, unexpected payments which relate to that specific fund are received by the SICAV and the Board considers that, in consideration of the amounts concerned or the time elapsed since the close of the liquidation, it is not appropriate or operationally justified to revert to former shareholders, these amounts will be retained by the SICAV.
Mergers
Any merger of a fund shall be decided upon by the Board unless the Board decides to submit the decision for a merger to a meeting of shareholders of the fund concerned. No quorum is required for such meeting and decisions are taken by the simple majority of the votes cast. In case of a merger of one or more funds where, as a result, the fund ceases to exist, the merger shall be decided by a meeting of shareholders for which no quorum is required and that may decide with a simple majority of the votes cast. In addition, the provisions on mergers of UCITS set forth in the Law of 2010 and any implementing regulations (relating in particular to the notification to shareholders) shall apply.

### The Management Company
Company name and registered address
FIL Investment Management (Luxembourg) S.A. 2a Rue Albert Borschette, BP 2174
L-1246 Luxembourg
Website fidelityinternational.com Legal structure Société anonyme Legal jurisdiction Luxembourg Incorporated 14 August 2002 Regulatory authority
Commission de Surveillance du Secteur Financier
283, route d’Arlon, L-1150 Luxembourg
Registration	number	(Luxembourg	Trade	and Companies Register) B 88 635
Other funds managed See fidelityinternational.com
Directors of the Management Company
Christopher Brealey
Luxembourg Eliza Dungworth Luxembourg
Jon Skillman
Luxembourg
Sera Sadrettin-Perry United Kingdom Romain Boscher France
Conducting Officers
Florence Alexandre
Luxembourg
Stephan von Bismarck United Kingdom Corinne Lamesch Luxembourg
Karin Winklbauer
Luxembourg Paul Witham Luxembourg
Responsibilities and delegation
The Board of the SICAV has appointed the Management Company to perform investment management, administrative and marketing functions. With the approval of the Board and the CSSF, the Management Company has the option of delegating to qualified third parties some or all of the portfolio management, administration, and marketing functions, so long as it retains supervision, implements appropriate controls and procedures, and maintains the prospectus.
An Investment Manager may in turn appoint one or more investment sub-managers.
The Management Company must require any delegated entity to comply with the prospectus, articles, 2010 Law and other applicable provisions when acting on behalf of the SICAV. The Management Company must report to the Board quarterly, and the conducting officers must promptly inform the directors of the Management Company and the Board of any materially adverse administrative matters resulting from the actions of the investment manager, the general distributor and the Management Company itself.
The investment managers, investment sub-managers, and all service providers and delegates engaged by the Management Company have agreements to serve for an indefinite period.
The Board or the Management Company may terminate any of these service agreements immediately if it determines it is in the best interests of shareholders. Otherwise, a holder of any of these service agreements can resign or be replaced upon 90 days’ notice (under certain circumstances, 30 days for investment management agreements concerning shares authorised for sale in Hong Kong).
Management Company Policies
More information about these and other corporate conduct policies is available either at the links indicated below or as indicated in “Notices, Publications and Other Information” at the end of “Investing in the Funds”.
Conflicts of interest
FIL Group is a worldwide, full-service provider of, investment banking, asset management, and financial services and a major participant in the global financial markets. As such, FIL Group is active in various business activities and may have other direct or indirect interests in the financial markets in which the SICAV invests. The SICAV is not entitled to compensation related to such business activities.
The Management Company, Investment Manager, General Distributor and certain other distributors and service providers or delegates are part of FIL Group. A FIL Group entity could be an issuer or counterparty for a security or derivative a fund is considering buying or selling. In addition, a FIL Group entity that serves the SICAV in a given capacity could serve another SICAV (whether promoted by FIL Group or not) in a similar or different capacity.
In such cases, the Management Company seeks to identify, manage, and, where necessary, prohibit any action or transaction that could pose a conflict between the interests of the FIL Group entities and the SICAV or its investors, for example the SICAV and other clients of FIL Group entities. Where transactions are conducted that might have the potential to be affected by a conflict of interest, such transactions must be conducted on normal commercial terms at arm’s length. Any incidents in which conflicts of interest may not have been adequately neutralised, as well as the decisions taken to address such incidents, will be reported to investors in the notes to the SICAV’s financial statements.
The management company, along with all other FIL Group entities, strives to manage any conflicts in a manner consistent with the highest standards of integrity and fair dealing. The Management Company conflict of interest policy is available at fidelityinternational.com.
Remuneration
The Management Company has implemented a remuneration policy that is designed not to encourage risk-taking inconsistent with the risk profile of the funds while not hindering the Management Company in its duty to act in the best interest of shareholders.
The remuneration policy:
- supports a performance culture that is based on merit
- differentiates and rewards excellent performance, both in the short and long term
- balances fixed and variable compensation to appropriately reflect the value and responsibility of the role performed day to day, and to influence appropriate behaviours and actions
- requires that compensation decisions for employees in independent control functions be determined by a control division’s senior management, so that these decisions will be wholly independent of the business areas
- is consistent with, and promotes, effective risk management practices, including sustainability risks
- is consistent with the management company’s conflict of interest policy and more broadly with its compliance and control cultureThe directors of the Management Company are responsible for ensuring that the policy is applied to all Management Company staff and for reviewing the policy every year. The current remuneration policy is available at www.fil.com. A paper copy can be obtained, free of charge, upon request, in English at the office of the Management Company.

Best execution
Each Investment Manager and sub-Investment Manager has adopted a best execution policy to implement all reasonable measures to ensure the best possible result for the SICAV, when executing orders. In determining what constitutes best execution, the Investment Manager and/or sub-Investment Manager will consider a range of different factors, such as price, liquidity, speed, and cost, among others, depending on their relative importance based on the various types of orders or financial instrument. Transactions are principally executed via brokers that are selected and monitored on the basis of the criteria of the best execution policy. Connected persons are also considered. To meet its best execution objective, the Investment Manager and/or sub-Investment Manager may choose to use agents (Connected Persons or not) for its order transmission and execution activities.
The Investment Manager, any of its delegates and/or any of their Connected Persons may effect transactions by or through the agency of another person with whom the Investment Manager, any of its delegates and/or any of their Connected
Persons have an arrangement under which that party will from time to time provide to or procure for the Investment Manager, any of its delegates and/or any of their Connected Persons goods, services or other benefits (such as research and advisory services, where permitted by regulation only) (“soft dollar arrangements”), the nature of which is such that their provision can reasonably be expected to benefit the SICAV as a whole and may contribute to an improvement in the SICAV’s performance and that of the Investment Manager or any of its delegates in providing services to the SICAV and for which no direct payment is made but instead the Investment Manager, any of its delegates and/or any of their Connected Persons undertake to place business with that party. For the avoidance of doubt, such goods and services do not include travel, accommodation, entertainment, general administrative goods or services, general office equipment or premises, membership fees, employee salaries or direct money payments. Periodic disclosure is made in the annual report of the SICAV in the form of a statement describing the soft dollar policies and practices of the Investment Manager or its delegates, including a description of goods and services received by them and/or any of their Connected Persons.
The Investment Manager, any of its delegates and/or any of their Connected Persons shall not retain the benefit of any cash commission rebate (being cash commission repayment made by a broker or dealer to the Investment Manager, any of its delegates and/or any of their Connected Persons) paid or payable from any such broker or dealer in respect of any business placed with such broker or dealer by the Investment Manager, any of its delegates and/or any of their Connected Persons for or on behalf of the SICAV. Any such cash commission rebate received from any such broker or dealer shall be held by the Investment Manager, any of its delegates and/or any of their Connected Persons for the account of the SICAV. Brokerage rates will not be excessive of customary institutional full-service brokerage rates. All transactions will be done with best execution. The availability of soft dollar arrangements may not be the sole or primary purpose to perform or arrange transaction with such broker or dealer.
Further information in respect of fees related to investment research, including the maximum that may be charged to a fund is available at the registered office of the SICAV or at fidelityinternational.com/researchbudget.
Professional Firms Engaged by the Management Company
Investment Manager
FIL Fund Management Limited Pembroke Hall, 42 Crow Lane Pembroke HM19, Bermuda
The Investment Manager handles the day-to-day management of each fund in accordance with the stated investment objectives and policies. It is authorized to act on behalf of the SICAV and choose agents, brokers, dealers, and effect securities trades for each fund’s portfolio.
The Investment Manager may receive investment advice from, and act upon the advice of, any Connected Person of the Investment Manager or any other third party adviser. Moreover, the Investment Manager may sub-delegate investment management activities to any Connected Person of the Investment Manager or any other eligible entity under applicable regulation. The Investment Manager shall remain responsible for the proper performance by such entity of those responsibilities.
The Investment Manager may sub-delegate Investment management to the following entities (including their branches). The annual and semi-annual reports list all entities having managed assets of each fund over the last six or twelve months.
Investment sub-managers
FIAM LLC
900 Salem Street Smithfield, RI 02917, USA
Fidelity Management & Research Company LLC
245 Summer Street Boston, MA 02210, USA
FIL Gestion
21, avenue Kléber
75784 Paris Cedex 16, France
FIL Investment Management (Australia) Limited
Level 17, 60 Martin Place Sydney, NSW 2000, Australia
FIL Investment Management (Hong Kong) Limited
Level 21, Two Pacific Place 88 Queensway
Admiralty, Hong Kong
FIL Investment Management (Singapore) Limited
8 Marina View, #35-06 Asia Square Tower 1
Singapore 018960
FIL Investments International Beech Gate, Millfield Lane Lower Kingswood, Tadworth Surrey, KT20 6RP UK
FIL Investments (Japan) Limited
7-7 7, Roppongi, Minato-ku
Tokyo 106 0032, Japan
FIL (Luxembourg) S.A.
2a, Rue Albert Borschette, BP 2174 L-1246 Luxembourg
Fidelity Investments Canada ULC
483 Bay Street, Suite 300, Toronto ON M5G 2N7, Canada
Geode Capital Management, LLC 100 Summer Street, 12th Floor Boston, MA 02110, USA
Geode Capital Management, LLC has been appointed as sub- Investment Manager for Fidelity Funds - EURO STOXX 50® Fund.
In addition, Geode Capital Management, LLC may also manage any of the assets of the following funds: Fidelity Funds
- Absolute Return Multi Strategy Fund, Fidelity Funds - Asia Pacific Multi Asset Growth & Income Fund, Fidelity Funds - European Multi Asset Income Fund; Fidelity Funds - Global Multi Asset Income Fund; Fidelity Funds – Global Multi Asset Dynamic Fund; Fidelity Funds - Global Multi Asset Growth & Income Fund; Fidelity Funds - Global Multi Asset Defensive Fund; Fidelity Funds - Global Thematic Opportunities Fund, Fidelity Funds – Sustainable Multi Asset Income Fund; Fidelity Funds - Multi Asset Dynamic Inflation Fund ; Fidelity Funds - Fidelity Institutional Target™ 2025 (Euro) Fund; Fidelity Funds - Fidelity Institutional Target™ 2030 (Euro) Fund; Fidelity Funds - Fidelity Institutional Target™ 2035 (Euro) Fund; Fidelity Funds - Fidelity Institutional Target™ 2040 (Euro) Fund; Fidelity Funds - Fidelity Institutional Target™ 2045 (Euro) Fund; Fidelity Funds - Fidelity Institutional Target™ 2050 (Euro) Fund; Fidelity Funds -
Fidelity Institutional Target™ 2055 (Euro) Fund; Fidelity Funds - Fidelity Institutional Target™ 2060 (Euro) Fund; Fidelity Funds – Fidelity Target™ 2025 (Euro) Fund; Fidelity Funds – Fidelity Target™ 2030 (Euro) Fund; Fidelity Funds – Fidelity Target™ 2035 (Euro) Fund; Fidelity Funds – Fidelity Target™ 2040 (Euro) Fund; Fidelity Funds – Fidelity Target™ 2045 (Euro) Fund; Fidelity Funds – Fidelity Target™ 2050 (Euro) Fund; Fidelity Funds – Fidelity Target™ 2055 (Euro) Fund; and Fidelity Funds – Fidelity Target™ 2060 (Euro) Fund. The Investment Manager may decide to allocate to Geode Capital Management, LLC such portion of the assets of these funds as it deems appropriate. The decision to allocate any portion of the assets, as well as the size of such allocation, will be based on a qualitative and quantitative selection process involving various criteria such as portfolio management experience, risk appetite, strategy, style or historical performance as well as suitability with regards to the investment objectives, policies and risk profile of the various funds. In any event, the portion of the funds’ assets which may be allocated to Geode Capital Management, LLC shall remain ancillary in respect of all these funds. While the Investment Manager will develop the overall strategy for the relevant funds, including the establishment of appropriate investment guidelines, Geode Capital Management, LLC will be responsible for the day-to-day investment decisions of the assets under its management, in continued compliance with the investment objectives and policies of the relevant funds.
The Investment Manager may supplement, replace or terminate the appointment of Geode Capital Management, LLC from time to time and/or reallocate assets of the funds among sub-investment managers without prior notice to Shareholders in circumstances where the Investment Manager believes that such action is necessary or desirable.
General distributor
FIL Distributors
Pembroke Hall, 42 Crow Lane Pembroke HM19, Bermuda
Phone +1 441 297 7267
Fax +1 441 295 4493
The General Distributor is responsible for marketing, sales or distribution of shares in the SICAV.
Other distributors and agents
The General Distributor may engage FIL Group companies as well as third parties as local distributors, dealing facilities or representatives in certain countries or markets. The Management Company may act as a dealing facility itself.
In some countries, use of an agent is mandatory, and the agent may not merely facilitate transactions but may hold shares in its own name on behalf of investors. Distributors can act as nominees, which may affect your rights as an investor.
 Australia	 FIL Investment Management
•
(Australia) Limited
Level 17, 60 Martin Place Sydney, NSW 2000, Australia Phone (+61) 1800 044 922
 Bermuda	 FIL Distributors International
Limited
PO Box HM670	
•	•
Hamilton HMCX, Bermuda
Phone (+1) 441 297 7267
 France	 FIL Gestion
21, avenue Kléber	
•
75784 Paris Cedex 16, France
  Phone (+33) 7304 3000	
 Germany	 FIL Investment Services GmbH
Kastanienhöhe 1
D61476  Kronberg  im  Taunus,	
•	•
Germany
Phone (+49) 6173 5090
  Fax (+49) 6173 5094 199	
 Hong Kong	 FIL Investment Management
(Hong Kong) Limited
•	•
Level 21, Two Pacific Place 88 Queensway
Admiralty, Hong Kong
Phone (+852) 2629 2629
  Fax (+852) 2629 6088	
 Ireland	 FIL Fund Management (Ireland)
•
Limited
George’s	Quay	House	43
Townsend Street
  Dublin DO2 VK65, Ireland	
 Luxembourg	 FIL (Luxembourg) S.A.
•	•
2a, Rue Albert Borschette,
BP 2174 L-1246 Luxembourg
Phone (+352) 2504 0424 00
  Fax (+352) 2638 3938	
 Taiwan	 FIL Securities Investment Trust
•
Co. (Taiwan) Limited
11F, 68 Zhongxiao East Road Section 5, Xinyi District Taipei City
  11065, Taiwan	
 Singapore		 FIL Investment	Management
(Singapore) Limited
8 Marina View
#27-01-06, Asia Square	
•
Tower 1
Singapore 018960
Phone: (65) 6511 2200
Fax: (65) 6536 1960
 Other jurisdictions	 FIL Pensions Management
Beech Gate,
•
Millfield Lane, Lower Kingswood, Surrey, KT20 6RP United Kingdom
Phone (44) 1732 777377
Fax (44) 1732 777262
Sub-transfer agent
HSBC Continental Europe, Luxembourg Branch
18, Boulevard de Kockelscheuer, 1821 Luxembourg
The sub-transfer agent serves as transfer agent for non- US- and non-Canadian-resident clients investing through National Securities Clearing Corporation and Canadian Fundserv.
ProService Finteco Sp. z.o.o. (for Poland) ul. Konstruktorska 12A
02-673 Warsaw Poland
  Fax (+1) 441 295 4493	
Contents
Sustainability Annexes
Fidelity Funds - FIRST All Country World Fund.	3
Fidelity Funds - Global Dividend Fund.	10
Fidelity Funds - Global Equity Income Fund.	17
Fidelity Funds - Global Financial Services Fund.	24
Fidelity Funds - Global Focus Fund.	31
Fidelity Funds - Global Technology Fund.	38
Fidelity Funds - Global Thematic Opportunities Fund.	45
Fidelity Funds - Institutional Global Focus Fund.	53
Fidelity Funds - Sustainable Biodiversity Fund.	60
Fidelity Funds - Sustainable Consumer Brands Fund.	69
Fidelity Funds - Sustainable Climate Solutions Fund.	77
Fidelity Funds - Sustainable Demographics Fund.	84
Fidelity Funds - Sustainable Future Connectivity Fund.	92
Fidelity Funds - Sustainable Global Dividend Plus Fund.	100
Fidelity Funds - Sustainable Global Equity Fund.	108
Fidelity Funds - Sustainable Global Equity Income Fund.	117
Fidelity Funds - Sustainable Healthcare Fund.	125
Fidelity Funds - Sustainable Water & Waste Fund.	133
Fidelity Funds - World Fund	142
Fidelity Funds - America Fund.	149
Fidelity Funds - American Growth Fund.	156
Fidelity Funds - Sustainable US Equity Fund.	163
Fidelity Funds - European Dividend Fund.	170
Fidelity Funds - European Dynamic Growth Fund.	177
Fidelity Funds - European Growth Fund.	184
Fidelity Funds - European Larger Companies Fund.	191
Fidelity Funds - European Low Volatility Equity Fund.	198
Fidelity Funds - Germany Fund.	205
Fidelity Funds - Iberia Fund	212
Fidelity Funds - Italy Fund	219
Fidelity Funds - Institutional European Larger Companies Fund.	226
Fidelity Funds - Nordic Fund	233
Fidelity Funds - Sustainable European Dividend Plus Fund.	240
Fidelity Funds - Sustainable Europe Equity Fund.	248
Fidelity Funds - Sustainable Eurozone Equity Fund.	256
Fidelity Funds - Sustainable European Smaller Companies Fund.	264
Fidelity Funds - Switzerland Fund.	272
Fidelity Funds - ASEAN Fund.	279
Fidelity Funds - Asia Pacific Dividend Fund.	286
Fidelity Funds - Asian Smaller Companies Fund.	293
Fidelity Funds - Asian Special Situations Fund.	300
Fidelity Funds - Japan Growth Fund.	307
Fidelity Funds - Japan Value Fund.	314
Fidelity Funds - Pacific Fund	321
Fidelity Funds - Sustainable Asia Equity Fund.	328
Fidelity Funds - Sustainable Asia Equity II Fund.	336
Fidelity Funds - Sustainable Asian Focus Fund.	344
Fidelity Funds - Sustainable Japan Equity Fund.	353
Fidelity Funds - China Consumer Fund.	361
Fidelity Funds - China Focus Fund.	368
Fidelity Funds - China Innovation Fund.	375
Fidelity Funds - Greater China Fund II.	382
Fidelity Funds - Greater China Fund II.	389
Fidelity Funds - Sustainable All China Equity Fund.	396
Fidelity Funds - Sustainable China A Shares Fund.	404
Fidelity Funds - Emerging Asia Fund.	412
Fidelity Funds - Emerging Markets Fund.	419
Fidelity Funds - Institutional Emerging Markets Equity Fund.	426
Fidelity Funds - India Focus Fund.	433
Fidelity Funds - Sustainable Emerging Markets Ex China Fund.	440
Fidelity Funds - Sustainable Emerging Markets Equity Fund.	448
Fidelity Funds - Thailand Fund.	456
Fidelity Funds - Flexible Bond Fund.	463
Fidelity Funds - Global Bond Fund.	470
Fidelity Funds - Global Corporate Bond Fund.	477
Fidelity Funds - Global Hybrids Bond Fund.	484
Fidelity Funds - Global High Yield Fund.	491
Fidelity Funds - Global Income Fund.	498
Fidelity Funds - Global Inflation-linked Bond Fund.	505
Fidelity Funds - Global Short Duration Income Fund.	511
Fidelity Funds - Sustainable Climate Bond Fund.	518
Fidelity Funds - Sustainable Strategic Bond Fund.	527
Fidelity Funds - Sustainable US High Yield Fund.	535
Fidelity Funds - US Dollar Bond Fund.	543
Fidelity Funds - Euro Bond Fund.	550
Fidelity Funds - Euro Corporate Bond Fund.	557
Fidelity Funds - European High Yield Fund.	564
Fidelity Funds - Euro Short Term Bond Fund.	571
Fidelity Funds - Structured Credit Income Fund.	578
Fidelity Funds - Sustainable Asian Bond Fund.	584
Fidelity Funds - China RMB Bond Fund.	592
Fidelity Funds - Emerging Market Corporate Debt Fund.	599
Fidelity Funds - Emerging Market Debt Fund.	606
Fidelity Funds - Emerging Market Local Currency Debt Fund.	612
Fidelity Funds - Emerging Market Total Return Debt Fund.	618
Fidelity Funds - Sustainable Emerging Market Debt Fund.	624
Fidelity Funds - European Multi Asset Income Fund.	632
Fidelity Funds - Global Multi Asset Income Fund.	639
Fidelity Funds - Sustainable Multi Asset Income Fund.	646
Fidelity Funds - Multi Asset Dynamic Inflation Fund.	654
Fidelity Funds - Euro Cash Fund.	660
Fidelity Funds - US Dollar Cash Fund.	666
Pre-contractual disclosure for the financial products referred to in Article 8, paragraphs 1, 2 and 2a, of Regulation (EU) 2019/2088 and Article 6, first paragraph, of Regulation (EU) 2020/852
Product name:	Legal entity identifier:
Fidelity Funds - FIRST All Country World Fund	549300AT2RPDETJ66407

###### Environmental and/or social characteristics
| Does this financial product have a sustainable investment objective? |
| --- |
|  | Yes |  | No |
| - It will make a minimum of sustainable investments with an environmental objective:%
- in economic activities that qualify as environmentally sustainable under the EU Taxonomy
- in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
- It will make a minimum of sustainable investments with a social objective:%
 | It promotes Environmental/Social (E/S) characteristics and while it does not have as its objective a sustainable investment, it will have a minimum proportion of 10% of sustainable investments - with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomywith an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomywith a social objective
- It promotes E/S characteristics, but will not make any sustainable investments
 |

What environmental and/or social characteristics are promoted by this financial product?
Sustainability indicators measure how the environmental or social characteristics promoted by the financial product are attained.
The fund promotes environmental and social characteristics by investing in securities of issuers with favourable ESG characteristics. Favourable ESG characteristics are determined by reference to ESG ratings. ESG ratings consider environmental characteristics including carbon intensity, carbon emissions, energy efficiency, water and waste management and biodiversity, as well as social characteristics including product safety, supply chain, health and safety and human rights.
The fund partially intends to make sustainable investments.
No reference benchmark has been designated for the purpose of attaining the environmental and social characteristics promoted.
What sustainability indicators are used to measure the attainment of each of the environmental or social characteristics promoted by this financial product?
The fund uses the following sustainability indicators in order to measure the attainment of the environmental or social characteristics that it promotes:
- the percentage of the fund invested in securities of issuers with favourable ESG characteristics in accordance with Fidelity’s Sustainable Investing Framework;
- in respect of its direct investments in corporate issuers, the percentage of the fund invested in securities of issuers with exposure to the Exclusions (defined below);
- the percentage of the fund invested in sustainable investments;
- the percentage of the fund invested in sustainable investments with an environmental objective in economic activities (that do not qualify as environmentally sustainable under the EU Taxonomy); and
- the percentage of the fund invested in sustainable investments with a social objective.

What are the objectives of the sustainable investments that the financial product partially intends to make and how does the sustainable investment contribute to such objectives?
The fund determines a sustainable investment as follows:
- issuers that undertake economic activities that contribute to one or more of the environmental objectives set out in the EU Taxonomy and qualify as environmentally sustainable in accordance with EU Taxonomy; or
- issuers whereby the majority of their business activities (more than 50% of revenue) contribute to environmental or social objectives aligned with one or more of the United Nations Sustainable Development Goals (“SDGs”); or
- issuers which have set a decarbonisation target consistent with a 1.5 degree warming scenario or lower (verified by the Science Based Target Initiative or a Fidelity Proprietary Climate Rating) which would be considered to contribute to environmental objectives;provided they do no significant harm, meet minimum safeguards and good governance criteria.

How do the sustainable investments that the financial product partially intends to make, not cause significant harm to any environmental or social sustainable investment objective?
Sustainable investments are screened for involvement in activities that cause significant harm and controversies, assessed through a check that the issuer meets minimum safeguards and standards that relate to principal adverse impacts (PAIs) as well as performance on PAI metrics. This includes:
- Norms-based screens - the screening out of securities identified under Fidelity’s existing norms-based screens (as set out below);
- Activity-based screens - the screening out of issuers based on their participation in activities with significant negative impacts on society or the environment, including issuers that are considered to have a ‘Very Severe’ controversy using controversy screens, covering
- environmental issues,
- human rights and communities,
- labour rights and supply chain,
- customers,
- governance; and
	- PAI indicators - quantitative data (where available) on PAI indicators is used to evaluate whether an issuer is involved in activities that cause significant harm to any environmental or social objective.


Principal adverse impacts are the most significant negative impacts of investment decisions on sustainability factors relating to environmental, social and employee matters, respect for human rights, anti- corruption and anti- bribery matters.
How have the indicators for adverse impacts on sustainability factors been taken into account?
For sustainable investments, as set out above, Fidelity undertakes a quantitative evaluation to identify issuers with challenging performance on PAI indicators. Issuers with a low score will be ineligible to be ‘sustainable investments’ unless Fidelity’s fundamental research determines that the issuer is not breaching “do no significant harm” requirements, or is on the path to mitigate the adverse impacts through effective management or transition.
How are the sustainable investments aligned with the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights? Details:
Norms-based screens are applied: Issuers identified as failing to behave in a way which meets their fundamental responsibilities in the areas of human rights, labour, environmental and anti-corruption as aligned with international norms including those set out by the OECD Guidelines for Multinational Enterprises, the UN Guiding Principles on Business and Human Rights, the UN Global Compact (UNGC) and the International Labour Organisation (ILO) Conventions, are not considered sustainable investments.
The EU Taxonomy sets out a “do not significant harm” principle by which Taxonomy-aligned investments should not significantly harm EU Taxonomy objectives and is accompanied by specific EU criteria.
The “do no significant harm” principle applies only to those investments underlying the financial product that take into account the EU criteria for environmentally sustainable economic activities. The investments underlying the remaining portion of this financial product do not take into account the EU criteria for environmentally sustainable economic activities.
Any other sustainable investments must also not significantly harm any environmental or social objectives.

###### Does this financial product consider principal adverse impacts on sustainability factors?
Yes
- NoConsideration of the principal adverse impacts on sustainability factors of investment decisions (referred to as principal adverse impacts) is incorporated through a variety of tools, including:
- Due Diligence - analysis of whether impacts on sustainability factors are material and negative.
- ESG rating - Fidelity references ESG ratings which incorporate consideration of material principal adverse impacts such as carbon emissions, employee safety and bribery and corruption, water management and, for sovereign issued securities, ratings used incorporate consideration of material principal adverse impacts such as carbon emissions, social violations and freedom of expression.
- Exclusions - When investing directly in corporate issuers, the fund applies the Exclusions (as defined below) to help mitigate the principal adverse impacts through excluding harmful sectors and prohibiting investment in issuers that breach international standards, such as the UNGC.
- Engagement - Fidelity uses engagement as a tool to better understand principal adverse impacts and, in some circumstances, advocate for mitigating the principal adverse impacts. Fidelity participates in relevant individual and collaborative engagements that target a number of principal adverse impacts (i.e. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Voting - Fidelity’s voting policy includes explicit minimum standards for board gender diversity and engagement with climate change for corporate issuers. Fidelity may also vote to help mitigate principal adverse impacts.
- Quarterly reviews - monitoring of principal adverse impacts through the fund’s quarterly review process.

Fidelity takes into account specific indicators for each sustainability factor when considering whether investments have a principal adverse impact. These indicators are subject to data availability and may evolve with improving data quality and availability.
Information on principal adverse impacts will be available in the annual report of the fund.
The investment strategy guides investment decisions based on factors such as investments objectives and risk tolerance.

######  What investment strategy does this financial product follow?
A minimum of 50% of the fund’s assets will be invested in securities with favourable ESG characteristics.
Favourable ESG characteristics are determined by reference to ESG ratings provided by external agencies and Fidelity ESG ratings.
Within this investment universe, the Investment Manager selects stocks through rigorous bottom-up financial analysis and valuation to select stocks with strong investment return potential.
In respect of its direct investments in corporate issuers, the fund is subject to:
- a firm-wide exclusions list, which includes cluster munitions and anti-personnel landmines, and
- a norms-based screening of issuers which the Investment Manager considers have failed to conduct their business in accordance with international norms, including as set out in the UNGC.

The above exclusions and screens (the “Exclusions”) may be updated from time to time. Please refer to the website for further information Sustainable investing framework(fidelityinternational.com).
The Investment Manager also has discretion to implement enhanced, stricter sustainable requirements and exclusions from time to time.
What are the binding elements of the investment strategy used to select the investments to attain each of the environmental or social characteristics promoted by this financial product?
The fund will invest:
- a minimum of 50% of its assets in issuers with favourable ESG characteristics,
- a minimum of 10% in sustainable investments of which a minimum of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 5% have a social objective.

In addition, the fund will systematically apply the Exclusions as described above.
What is the committed minimum rate to reduce the scope of the investments considered prior to the application of that investment strategy?
This question is not applicable.
Good governance practices include sound management structures, employee relations, remuneration of staff and tax compliance.
What is the policy to assess good governance practices of the investee companies?
The governance practices of issuers are assessed using fundamental research, including Fidelity ESG ratings, data regarding controversies and UN Global Compact violations.
Key points that are analysed include track record of capital allocation, financial transparency, related party transactions, board independence and size, executive pay, auditors and internal oversight, minority shareholder rights, among other indicators.
Asset allocation describes the share of investments in specific assets.
Taxonomy-aligned activities are expressed as a share of:
- turnover reflecting the share of revenue from green activities of investee companies
- capital expenditure (CapEx) showing the green investments made by investee companies,e.g. for a transition to a green economy.

- operational expenditure (OpEx) reflecting green operational activities of investee companies.

###### 	What is the asset allocation planned for this financial product?
(#1 Aligned with E/S characteristics) The fund aims to invest:
- a minimum of 50% of its assets in securities of issuers with favourable ESG characteristics,
- A minimum of 10% of its assets in sustainable investments (#1A sustainable) of whicha minimum of of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 5% have a social objective. The remaining sustainable investments of the fund may have an environmental or social objective.

(#1B Other E/S characteristics) Includes securities of issuers with favourable ESG characteristics but are not sustainable investments.
How does the use of derivatives attain the environmental or social characteristics promoted by the financial product?
Where the security underlying a derivative has favourable ESG characteristics in accordance with Fidelity's Sustainable Investing Framework, the derivative may be included in determining the proportion of the fund dedicated to promotion of environmental or social characteristics.
To what minimum extent are sustainable investments with an environmental objective aligned with the EU Taxonomy?
The fund invests a minimum of 0% in sustainable investments with an environmental objective aligned with the EU Taxonomy.
The compliance of the investments of the fund with the EU Taxonomy will not be subject to an assurance by auditors or a review by third parties.
The EU Taxonomy alignment of the underlying investments of the fund is measured by turnover.
Does the financial product invest in fossil gas and/or nuclear energy-related activities that comply with the EU Taxonomy¹?
- YesNo
- In fossil gas	In nuclear energyWhat is the minimum share of investments in transitional and enabling activities?

The fund invests a minimum of 0% in transitional activities and a minimum of 0% in enabling activities.
What is the minimum share of sustainable investments with an environmental objective that are not aligned with the EU Taxonomy?
The fund invests a minimum of 1% in sustainable investments with an environmental objective that is not aligned with the EU Taxonomy.
Investments could be aligned with the EU Taxonomy but the Investment Manager is not currently in a position to specify the exact proportion of the fund’s underlying investments which take into account the EU criteria for environmentally sustainable economic activities. However, the position will be kept under review as the underlying rules are finalised and the availability of reliable data increases over time.
¹Fossil gas and/or nuclear related activities will only comply with the EU Taxonomy where they contribute to limiting climate change (“climate change mitigation”) and do not significantly harm any EU Taxonomy objectives - see explanatory note in the left hand margin. The full criteria for fossil gas and nuclear energy economic activities that comply with the EU Taxonomy are laid down in Commission Delegated Regulation (EU) 2022/1214.
What is the minimum share of socially sustainable investments?
The fund invests a minimum of 5% in sustainable investments with a social objective.
What investments are included under “#2 Other”, what is their purpose and are there any minimum environmental or social safeguards?
The remaining investments of the fund will be invested in assets aligned with the financial objective of the fund, cash and cash equivalents for liquidity purposes and derivatives which may be used for investment and efficient portfolio management.
As a minimum environmental and social safeguard, the fund will adhere to the Exclusions.

###### Is a specific index designated as a reference benchmark to determine whether this financial product is aligned with the environmental and/or social characteristics that it promotes?
An index has not been designated as a reference benchmark to determine whether this financial product is aligned with the environmental or social characteristics that it promotes.
Reference benchmarks are indexes to measure whether the financial product attains the environmental or social characteristics that they promote.
How is the reference benchmark continuously aligned with each of the environmental or social characteristics promoted by the financial product?
This question is not applicable.
How is the alignment of the investment strategy with the methodology of the index ensured on a continuous basis?
This question is not applicable.
How does the designated index differ from a relevant broad market index?
This question is not applicable.
Where can the methodology used for the calculation of the designated index be found?
This question is not applicable.

###### 	Where can I find more product specific information online?
More product-specific information can be found on the website: https:/www.fidelity.lu/funds/factsheet/LU0267387255/tab-disclosure#SFDR-disclosure. 
Further information on the methodologies set out herein is available on the website: Sustainable investing framework (fidelityinternational.com).
Pre-contractual disclosure for the financial products referred to in Article 8, paragraphs 1, 2 and 2a, of Regulation (EU) 2019/2088 and Article 6, first paragraph, of Regulation (EU) 2020/852
Product name:	Legal entity identifier:
Fidelity Funds - Global Dividend Fund	549300TOZX7F2KZWXK25

###### Environmental and/or social characteristics
| Does this financial product have a sustainable investment objective? |
| --- |
|  | - Yes
 |  | No |
| - It will make a minimum of sustainable investments with an environmental objective:%
- in economic activities that qualify as environmentally sustainable under the EU Taxonomy
- in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
- It will make a minimum of sustainable investments with a social objective:%
 | It promotes Environmental/Social (E/S) characteristics and while it does not have as its objective a sustainable investment, it will have a minimum proportion of 20% of sustainable investments - with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomywith an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomywith a social objective
- It promotes E/S characteristics, but will not make any sustainable investments
 |

What environmental and/or social characteristics are promoted by this financial product?
Sustainability indicators measure how the environmental or social characteristics promoted by the financial product are attained.
The fund promotes environmental and social characteristics by investing in securities of issuers with favourable ESG characteristics. Favourable ESG characteristics are determined by reference to ESG ratings. ESG ratings consider environmental characteristics including carbon intensity, carbon emissions, energy efficiency, water and waste management and biodiversity, as well as social characteristics including product safety, supply chain, health and safety and human rights.
The fund partially intends to make sustainable investments.
No reference benchmark has been designated for the purpose of attaining the environmental and social characteristics promoted.
What sustainability indicators are used to measure the attainment of each of the environmental or social characteristics promoted by this financial product?
The fund uses the following sustainability indicators in order to measure the attainment of the environmental or social characteristics that it promotes:
- the percentage of the fund invested in securities of issuers with favourable ESG characteristics in accordance with Fidelity’s Sustainable Investing Framework;
- in respect of its direct investments in corporate issuers, the percentage of the fund invested in securities of issuers with exposure to the Exclusions (defined below);
- the percentage of the fund invested in sustainable investments;
- the percentage of the fund invested in sustainable investments with an environmental objective in economic activities (that do not qualify as environmentally sustainable under the EU Taxonomy); and
- the percentage of the fund invested in sustainable investments with a social objective.

What are the objectives of the sustainable investments that the financial product partially intends to make and how does the sustainable investment contribute to such objectives?
The fund determines a sustainable investment as follows:
- issuers that undertake economic activities that contribute to one or more of the environmental objectives set out in the EU Taxonomy and qualify as environmentally sustainable in accordance with EU Taxonomy; or
- issuers whereby the majority of their business activities (more than 50% of revenue) contribute to environmental or social objectives aligned with one or more of the United Nations Sustainable Development Goals (“SDGs”); or
- issuers which have set a decarbonisation target consistent with a 1.5 degree warming scenario or lower (verified by the Science Based Target Initiative or a Fidelity Proprietary Climate Rating) which would be considered to contribute to environmental objectives;provided they do no significant harm, meet minimum safeguards and good governance criteria.

How do the sustainable investments that the financial product partially intends to make, not cause significant harm to any environmental or social sustainable investment objective?
Sustainable investments are screened for involvement in activities that cause significant harm and controversies, assessed through a check that the issuer meets minimum safeguards and standards that relate to principal adverse impacts (PAIs) as well as performance on PAI metrics. This includes:
- Norms-based screens - the screening out of securities identified under Fidelity’s existing norms-based screens (as set out below);
- Activity-based screens - the screening out of issuers based on their participation in activities with significant negative impacts on society or the environment, including issuers that are considered to have a ‘Very Severe’ controversy using controversy screens, covering
- environmental issues,
- human rights and communities,
- labour rights and supply chain,
- customers,
- governance; and
	- PAI indicators - quantitative data (where available) on PAI indicators is used to evaluate whether an issuer is involved in activities that cause significant harm to any environmental or social objective.


Principal adverse impacts are the most significant negative impacts of investment decisions on sustainability factors relating to environmental, social and employee matters, respect for human rights, anti- corruption and anti- bribery matters.
How have the indicators for adverse impacts on sustainability factors been taken into account?
For sustainable investments, as set out above, Fidelity undertakes a quantitative evaluation to identify issuers with challenging performance on PAI indicators. Issuers with a low score will be ineligible to be ‘sustainable investments’ unless Fidelity’s fundamental research determines that the issuer is not breaching “do no significant harm” requirements, or is on the path to mitigate the adverse impacts through effective management or transition.
How are the sustainable investments aligned with the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights? Details:
Norms-based screens are applied: Issuers identified as failing to behave in a way which meets their fundamental responsibilities in the areas of human rights, labour, environmental and anti-corruption as aligned with international norms including those set out by the OECD Guidelines for Multinational Enterprises, the UN Guiding Principles on Business and Human Rights, the UN Global Compact (UNGC) and the International Labour Organisation (ILO) Conventions, are not considered sustainable investments.
The EU Taxonomy sets out a “do not significant harm” principle by which Taxonomy-aligned investments should not significantly harm EU Taxonomy objectives and is accompanied by specific EU criteria.
The “do no significant harm” principle applies only to those investments underlying the financial product that take into account the EU criteria for environmentally sustainable economic activities. The investments underlying the remaining portion of this financial product do not take into account the EU criteria for environmentally sustainable economic activities.
Any other sustainable investments must also not significantly harm any environmental or social objectives.

###### Does this financial product consider principal adverse impacts on sustainability factors?
Yes
- NoConsideration of the principal adverse impacts on sustainability factors of investment decisions (referred to as principal adverse impacts) is incorporated through a variety of tools, including:
- Due Diligence - analysis of whether impacts on sustainability factors are material and negative.
- ESG rating - Fidelity references ESG ratings which incorporate consideration of material principal adverse impacts such as carbon emissions, employee safety and bribery and corruption, water management and, for sovereign issued securities, ratings used incorporate consideration of material principal adverse impacts such as carbon emissions, social violations and freedom of expression.
- Exclusions - When investing directly in corporate issuers, the fund applies the Exclusions (as defined below) to help mitigate the principal adverse impacts through excluding harmful sectors and prohibiting investment in issuers that breach international standards, such as the UNGC.
- Engagement - Fidelity uses engagement as a tool to better understand principal adverse impacts and, in some circumstances, advocate for mitigating the principal adverse impacts. Fidelity participates in relevant individual and collaborative engagements that target a number of principal adverse impacts (i.e. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Voting - Fidelity’s voting policy includes explicit minimum standards for board gender diversity and engagement with climate change for corporate issuers. Fidelity may also vote to help mitigate principal adverse impacts.
- Quarterly reviews - monitoring of principal adverse impacts through the fund’s quarterly review process.

Fidelity takes into account specific indicators for each sustainability factor when considering whether investments have a principal adverse impact. These indicators are subject to data availability and may evolve with improving data quality and availability.
Information on principal adverse impacts will be available in the annual report of the fund.
The investment strategy guides investment decisions based on factors such as investments objectives and risk tolerance.

######  What investment strategy does this financial product follow?
A minimum of 50% of the fund’s assets will be invested in securities with favourable ESG characteristics.
Favourable ESG characteristics are determined by reference to ESG ratings provided by external agencies and Fidelity ESG ratings.
Within this investment universe, the Investment Manager selects stocks through rigorous bottom-up financial analysis and valuation to select stocks with strong investment return potential.
In respect of its direct investments in corporate issuers, the fund is subject to:
- a firm-wide exclusions list, which includes cluster munitions and anti-personnel landmines, and
- a norms-based screening of issuers which the Investment Manager considers have failed to conduct their business in accordance with international norms, including as set out in the UNGC.

The above exclusions and screens (the “Exclusions”) may be updated from time to time. Please refer to the website for further information Sustainable investing framework(fidelityinternational.com).
The Investment Manager also has discretion to implement enhanced, stricter sustainable requirements and exclusions from time to time.
What are the binding elements of the investment strategy used to select the investments to attain each of the environmental or social characteristics promoted by this financial product?
The fund will invest:
- a minimum of 50% of its assets in issuers with favourable ESG characteristics,
- a minimum of 20% in sustainable investments of which a minimum of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 1% have a social objective.

In addition, the fund will systematically apply the Exclusions as described above.
What is the committed minimum rate to reduce the scope of the investments considered prior to the application of that investment strategy?
This question is not applicable.
Good governance practices include sound management structures, employee relations, remuneration of staff and tax compliance.
What is the policy to assess good governance practices of the investee companies?
The governance practices of issuers are assessed using fundamental research, including Fidelity ESG ratings, data regarding controversies and UN Global Compact violations.
Key points that are analysed include track record of capital allocation, financial transparency, related party transactions, board independence and size, executive pay, auditors and internal oversight, minority shareholder rights, among other indicators.
Asset allocation describes the share of investments in specific assets.
Taxonomy-aligned activities are expressed as a share of:
- turnover reflecting the share of revenue from green activities of investee companies
- capital expenditure (CapEx) showing the green investments made by investee companies,e.g. for a transition to a green economy.

- operational expenditure (OpEx) reflecting green operational activities of investee companies.

###### 	What is the asset allocation planned for this financial product?
(#1 Aligned with E/S characteristics) The fund aims to invest:
- a minimum of 50% of its assets in securities of issuers with favourable ESG characteristics,
- A minimum of 20% of its assets in sustainable investments (#1A sustainable) of whicha minimum of of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 1% have a social objective. The remaining sustainable investments of the fund may have an environmental or social objective.

(#1B Other E/S characteristics) Includes securities of issuers with favourable ESG characteristics but are not sustainable investments.
How does the use of derivatives attain the environmental or social characteristics promoted by the financial product?
Where the security underlying a derivative has favourable ESG characteristics in accordance with Fidelity's Sustainable Investing Framework, the derivative may be included in determining the proportion of the fund dedicated to promotion of environmental or social characteristics.
To what minimum extent are sustainable investments with an environmental objective aligned with the EU Taxonomy?
The fund invests a minimum of 0% in sustainable investments with an environmental objective aligned with the EU Taxonomy.
The compliance of the investments of the fund with the EU Taxonomy will not be subject to an assurance by auditors or a review by third parties.
The EU Taxonomy alignment of the underlying investments of the fund is measured by turnover.
Does the financial product invest in fossil gas and/or nuclear energy-related activities that comply with the EU Taxonomy¹?
- YesNo
- In fossil gas	In nuclear energyWhat is the minimum share of investments in transitional and enabling activities?

The fund invests a minimum of 0% in transitional activities and a minimum of 0% in enabling activities.
What is the minimum share of sustainable investments with an environmental objective that are not aligned with the EU Taxonomy?
The fund invests a minimum of 1% in sustainable investments with an environmental objective that is not aligned with the EU Taxonomy.
Investments could be aligned with the EU Taxonomy but the Investment Manager is not currently in a position to specify the exact proportion of the fund’s underlying investments which take into account the EU criteria for environmentally sustainable economic activities. However, the position will be kept under review as the underlying rules are finalised and the availability of reliable data increases over time.
¹Fossil gas and/or nuclear related activities will only comply with the EU Taxonomy where they contribute to limiting climate change (“climate change mitigation”) and do not significantly harm any EU Taxonomy objectives - see explanatory note in the left hand margin. The full criteria for fossil gas and nuclear energy economic activities that comply with the EU Taxonomy are laid down in Commission Delegated Regulation (EU) 2022/1214.
What is the minimum share of socially sustainable investments?
The fund invests a minimum of 1% in sustainable investments with a social objective.
What investments are included under “#2 Other”, what is their purpose and are there any minimum environmental or social safeguards?
The remaining investments of the fund will be invested in assets aligned with the financial objective of the fund, cash and cash equivalents for liquidity purposes and derivatives which may be used for investment and efficient portfolio management.
As a minimum environmental and social safeguard, the fund will adhere to the Exclusions.

###### Is a specific index designated as a reference benchmark to determine whether this financial product is aligned with the environmental and/or social characteristics that it promotes?
An index has not been designated as a reference benchmark to determine whether this financial product is aligned with the environmental or social characteristics that it promotes.
Reference benchmarks are indexes to measure whether the financial product attains the environmental or social characteristics that they promote.
How is the reference benchmark continuously aligned with each of the environmental or social characteristics promoted by the financial product?
This question is not applicable.
How is the alignment of the investment strategy with the methodology of the index ensured on a continuous basis?
This question is not applicable.
How does the designated index differ from a relevant broad market index?
This question is not applicable.
Where can the methodology used for the calculation of the designated index be found?
This question is not applicable.

###### 	Where can I find more product specific information online?
More product-specific information can be found on the website: https:/www.fidelity.lu/funds/factsheet/LU1261431768/tab-disclosure#SFDR-disclosure. 
Further information on the methodologies set out herein is available on the website: Sustainable investing framework (fidelityinternational.com).
Pre-contractual disclosure for the financial products referred to in Article 8, paragraphs 1, 2 and 2a, of Regulation (EU) 2019/2088 and Article 6, first paragraph, of Regulation (EU) 2020/852
Product name:	Legal entity identifier:
Fidelity Funds - Global Equity Income Fund	549300NJ0LHMXLO0MG36

###### Environmental and/or social characteristics
| Does this financial product have a sustainable investment objective? |
| --- |
|  | - Yes
 |  | No |
| - It will make a minimum of sustainable investments with an environmental objective:%
- in economic activities that qualify as environmentally sustainable under the EU Taxonomy
- in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
- It will make a minimum of sustainable investments with a social objective:%
 | It promotes Environmental/Social (E/S) characteristics and while it does not have as its objective a sustainable investment, it will have a minimum proportion of 20% of sustainable investments - with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomywith an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomywith a social objective
- It promotes E/S characteristics, but will not make any sustainable investments
 |

What environmental and/or social characteristics are promoted by this financial product?
Sustainability indicators measure how the environmental or social characteristics promoted by the financial product are attained.
The fund promotes environmental and social characteristics by investing in securities of issuers with favourable ESG characteristics. Favourable ESG characteristics are determined by reference to ESG ratings. ESG ratings consider environmental characteristics including carbon intensity, carbon emissions, energy efficiency, water and waste management and biodiversity, as well as social characteristics including product safety, supply chain, health and safety and human rights.
The fund partially intends to make sustainable investments.
No reference benchmark has been designated for the purpose of attaining the environmental and social characteristics promoted.
What sustainability indicators are used to measure the attainment of each of the environmental or social characteristics promoted by this financial product?
The fund uses the following sustainability indicators in order to measure the attainment of the environmental or social characteristics that it promotes:
- the percentage of the fund invested in securities of issuers with favourable ESG characteristics in accordance with Fidelity’s Sustainable Investing Framework;
- in respect of its direct investments in corporate issuers, the percentage of the fund invested in securities of issuers with exposure to the Exclusions (defined below);
- the percentage of the fund invested in sustainable investments;
- the percentage of the fund invested in sustainable investments with an environmental objective in economic activities (that do not qualify as environmentally sustainable under the EU Taxonomy); and
- the percentage of the fund invested in sustainable investments with a social objective.

What are the objectives of the sustainable investments that the financial product partially intends to make and how does the sustainable investment contribute to such objectives?
The fund determines a sustainable investment as follows:
- issuers that undertake economic activities that contribute to one or more of the environmental objectives set out in the EU Taxonomy and qualify as environmentally sustainable in accordance with EU Taxonomy; or
- issuers whereby the majority of their business activities (more than 50% of revenue) contribute to environmental or social objectives aligned with one or more of the United Nations Sustainable Development Goals (“SDGs”); or
- issuers which have set a decarbonisation target consistent with a 1.5 degree warming scenario or lower (verified by the Science Based Target Initiative or a Fidelity Proprietary Climate Rating) which would be considered to contribute to environmental objectives;provided they do no significant harm, meet minimum safeguards and good governance criteria.

How do the sustainable investments that the financial product partially intends to make, not cause significant harm to any environmental or social sustainable investment objective?
Sustainable investments are screened for involvement in activities that cause significant harm and controversies, assessed through a check that the issuer meets minimum safeguards and standards that relate to principal adverse impacts (PAIs) as well as performance on PAI metrics. This includes:
- Norms-based screens - the screening out of securities identified under Fidelity’s existing norms-based screens (as set out below);
- Activity-based screens - the screening out of issuers based on their participation in activities with significant negative impacts on society or the environment, including issuers that are considered to have a ‘Very Severe’ controversy using controversy screens, covering
- environmental issues,
- human rights and communities,
- labour rights and supply chain,
- customers,
- governance; and
	- PAI indicators - quantitative data (where available) on PAI indicators is used to evaluate whether an issuer is involved in activities that cause significant harm to any environmental or social objective.


Principal adverse impacts are the most significant negative impacts of investment decisions on sustainability factors relating to environmental, social and employee matters, respect for human rights, anti- corruption and anti- bribery matters.
How have the indicators for adverse impacts on sustainability factors been taken into account?
For sustainable investments, as set out above, Fidelity undertakes a quantitative evaluation to identify issuers with challenging performance on PAI indicators. Issuers with a low score will be ineligible to be ‘sustainable investments’ unless Fidelity’s fundamental research determines that the issuer is not breaching “do no significant harm” requirements, or is on the path to mitigate the adverse impacts through effective management or transition.
How are the sustainable investments aligned with the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights? Details:
Norms-based screens are applied: Issuers identified as failing to behave in a way which meets their fundamental responsibilities in the areas of human rights, labour, environmental and anti-corruption as aligned with international norms including those set out by the OECD Guidelines for Multinational Enterprises, the UN Guiding Principles on Business and Human Rights, the UN Global Compact (UNGC) and the International Labour Organisation (ILO) Conventions, are not considered sustainable investments.
The EU Taxonomy sets out a “do not significant harm” principle by which Taxonomy-aligned investments should not significantly harm EU Taxonomy objectives and is accompanied by specific EU criteria.
The “do no significant harm” principle applies only to those investments underlying the financial product that take into account the EU criteria for environmentally sustainable economic activities. The investments underlying the remaining portion of this financial product do not take into account the EU criteria for environmentally sustainable economic activities.
Any other sustainable investments must also not significantly harm any environmental or social objectives.

###### Does this financial product consider principal adverse impacts on sustainability factors?
Yes
- NoConsideration of the principal adverse impacts on sustainability factors of investment decisions (referred to as principal adverse impacts) is incorporated through a variety of tools, including:
- Due Diligence - analysis of whether impacts on sustainability factors are material and negative.
- ESG rating - Fidelity references ESG ratings which incorporate consideration of material principal adverse impacts such as carbon emissions, employee safety and bribery and corruption, water management and, for sovereign issued securities, ratings used incorporate consideration of material principal adverse impacts such as carbon emissions, social violations and freedom of expression.
- Exclusions - When investing directly in corporate issuers, the fund applies the Exclusions (as defined below) to help mitigate the principal adverse impacts through excluding harmful sectors and prohibiting investment in issuers that breach international standards, such as the UNGC.
- Engagement - Fidelity uses engagement as a tool to better understand principal adverse impacts and, in some circumstances, advocate for mitigating the principal adverse impacts. Fidelity participates in relevant individual and collaborative engagements that target a number of principal adverse impacts (i.e. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Voting - Fidelity’s voting policy includes explicit minimum standards for board gender diversity and engagement with climate change for corporate issuers. Fidelity may also vote to help mitigate principal adverse impacts.
- Quarterly reviews - monitoring of principal adverse impacts through the fund’s quarterly review process.

Fidelity takes into account specific indicators for each sustainability factor when considering whether investments have a principal adverse impact. These indicators are subject to data availability and may evolve with improving data quality and availability.
Information on principal adverse impacts will be available in the annual report of the fund.
The investment strategy guides investment decisions based on factors such as investments objectives and risk tolerance.

######  What investment strategy does this financial product follow?
A minimum of 50% of the fund’s assets will be invested in securities with favourable ESG characteristics.
Favourable ESG characteristics are determined by reference to ESG ratings provided by external agencies and Fidelity ESG ratings.
Within this investment universe, the Investment Manager selects stocks through rigorous bottom-up financial analysis and valuation to select stocks with strong investment return potential.
In respect of its direct investments in corporate issuers, the fund is subject to:
- a firm-wide exclusions list, which includes cluster munitions and anti-personnel landmines, and
- a norms-based screening of issuers which the Investment Manager considers have failed to conduct their business in accordance with international norms, including as set out in the UNGC.

The above exclusions and screens (the “Exclusions”) may be updated from time to time. Please refer to the website for further information Sustainable investing framework(fidelityinternational.com).
The Investment Manager also has discretion to implement enhanced, stricter sustainable requirements and exclusions from time to time.
What are the binding elements of the investment strategy used to select the investments to attain each of the environmental or social characteristics promoted by this financial product?
The fund will invest:
- a minimum of 50% of its assets in issuers with favourable ESG characteristics,
- a minimum of 20% in sustainable investments of which a minimum of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 5% have a social objective.

In addition, the fund will systematically apply the Exclusions as described above.
What is the committed minimum rate to reduce the scope of the investments considered prior to the application of that investment strategy?
This question is not applicable.
Good governance practices include sound management structures, employee relations, remuneration of staff and tax compliance.
What is the policy to assess good governance practices of the investee companies?
The governance practices of issuers are assessed using fundamental research, including Fidelity ESG ratings, data regarding controversies and UN Global Compact violations.
Key points that are analysed include track record of capital allocation, financial transparency, related party transactions, board independence and size, executive pay, auditors and internal oversight, minority shareholder rights, among other indicators.
Asset allocation describes the share of investments in specific assets.
Taxonomy-aligned activities are expressed as a share of:
- turnover reflecting the share of revenue from green activities of investee companies
- capital expenditure (CapEx) showing the green investments made by investee companies,e.g. for a transition to a green economy.

- operational expenditure (OpEx) reflecting green operational activities of investee companies.

###### 	What is the asset allocation planned for this financial product?
(#1 Aligned with E/S characteristics) The fund aims to invest:
- a minimum of 50% of its assets in securities of issuers with favourable ESG characteristics,
- A minimum of 20% of its assets in sustainable investments (#1A sustainable) of whicha minimum of of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 5% have a social objective. The remaining sustainable investments of the fund may have an environmental or social objective.

(#1B Other E/S characteristics) Includes securities of issuers with favourable ESG characteristics but are not sustainable investments.
How does the use of derivatives attain the environmental or social characteristics promoted by the financial product?
Where the security underlying a derivative has favourable ESG characteristics in accordance with Fidelity's Sustainable Investing Framework, the derivative may be included in determining the proportion of the fund dedicated to promotion of environmental or social characteristics.
To what minimum extent are sustainable investments with an environmental objective aligned with the EU Taxonomy?
The fund invests a minimum of 0% in sustainable investments with an environmental objective aligned with the EU Taxonomy.
The compliance of the investments of the fund with the EU Taxonomy will not be subject to an assurance by auditors or a review by third parties.
The EU Taxonomy alignment of the underlying investments of the fund is measured by turnover.
Does the financial product invest in fossil gas and/or nuclear energy-related activities that comply with the EU Taxonomy¹?
- YesNo
- In fossil gas	In nuclear energyWhat is the minimum share of investments in transitional and enabling activities?

The fund invests a minimum of 0% in transitional activities and a minimum of 0% in enabling activities.
What is the minimum share of sustainable investments with an environmental objective that are not aligned with the EU Taxonomy?
The fund invests a minimum of 1% in sustainable investments with an environmental objective that is not aligned with the EU Taxonomy.
Investments could be aligned with the EU Taxonomy but the Investment Manager is not currently in a position to specify the exact proportion of the fund’s underlying investments which take into account the EU criteria for environmentally sustainable economic activities. However, the position will be kept under review as the underlying rules are finalised and the availability of reliable data increases over time.
¹Fossil gas and/or nuclear related activities will only comply with the EU Taxonomy where they contribute to limiting climate change (“climate change mitigation”) and do not significantly harm any EU Taxonomy objectives - see explanatory note in the left hand margin. The full criteria for fossil gas and nuclear energy economic activities that comply with the EU Taxonomy are laid down in Commission Delegated Regulation (EU) 2022/1214.
What is the minimum share of socially sustainable investments?
The fund invests a minimum of 5% in sustainable investments with a social objective.
What investments are included under “#2 Other”, what is their purpose and are there any minimum environmental or social safeguards?
The remaining investments of the fund will be invested in assets aligned with the financial objective of the fund, cash and cash equivalents for liquidity purposes and derivatives which may be used for investment and efficient portfolio management.
As a minimum environmental and social safeguard, the fund will adhere to the Exclusions.

###### Is a specific index designated as a reference benchmark to determine whether this financial product is aligned with the environmental and/or social characteristics that it promotes?
An index has not been designated as a reference benchmark to determine whether this financial product is aligned with the environmental or social characteristics that it promotes.
Reference benchmarks are indexes to measure whether the financial product attains the environmental or social characteristics that they promote.
How is the reference benchmark continuously aligned with each of the environmental or social characteristics promoted by the financial product?
This question is not applicable.
How is the alignment of the investment strategy with the methodology of the index ensured on a continuous basis?
This question is not applicable.
How does the designated index differ from a relevant broad market index?
This question is not applicable.
Where can the methodology used for the calculation of the designated index be found?
This question is not applicable.

###### 	Where can I find more product specific information online?
More product-specific information can be found on the website: https:/www.fidelity.lu/funds/factsheet/LU1084165130/tab-disclosure#SFDR-disclosure. 
Further information on the methodologies set out herein is available on the website: Sustainable investing framework (fidelityinternational.com).
Pre-contractual disclosure for the financial products referred to in Article 8, paragraphs 1, 2 and 2a, of Regulation (EU) 2019/2088 and Article 6, first paragraph, of Regulation (EU) 2020/852
Product name:	Legal entity identifier:
Fidelity Funds - Global Financial Services Fund	549300HO6N0F2KYZFZ92

###### Environmental and/or social characteristics
| Does this financial product have a sustainable investment objective? |
| --- |
|  | - Yes
 |  | No |
| - It will make a minimum of sustainable investments with an environmental objective:%
- in economic activities that qualify as environmentally sustainable under the EU Taxonomy
- in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
- It will make a minimum of sustainable investments with a social objective:%
 | It promotes Environmental/Social (E/S) characteristics and while it does not have as its objective a sustainable investment, it will have a minimum proportion of 5% of sustainable investments - with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomy
- with an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomywith a social objective
- It promotes E/S characteristics, but will not make any sustainable investments
 |

What environmental and/or social characteristics are promoted by this financial product?
Sustainability indicators measure how the environmental or social characteristics promoted by the financial product are attained.
The fund promotes environmental and social characteristics by investing in securities of issuers with favourable ESG characteristics. Favourable ESG characteristics are determined by reference to ESG ratings. ESG ratings consider environmental characteristics including carbon intensity, carbon emissions, energy efficiency, water and waste management and biodiversity, as well as social characteristics including product safety, supply chain, health and safety and human rights.
The fund partially intends to make sustainable investments.
No reference benchmark has been designated for the purpose of attaining the environmental and social characteristics promoted.
What sustainability indicators are used to measure the attainment of each of the environmental or social characteristics promoted by this financial product?
The fund uses the following sustainability indicators in order to measure the attainment of the environmental or social characteristics that it promotes:
- the percentage of the fund invested in securities of issuers with favourable ESG characteristics in accordance with Fidelity’s Sustainable Investing Framework;
- in respect of its direct investments in corporate issuers, the percentage of the fund invested in securities of issuers with exposure to the Exclusions (defined below);
- the percentage of the fund invested in sustainable investments; and
- the percentage of the fund invested in sustainable investments with a social objective.

What are the objectives of the sustainable investments that the financial product partially intends to make and how does the sustainable investment contribute to such objectives?
The fund determines a sustainable investment as follows:
- issuers that undertake economic activities that contribute to one or more of the environmental objectives set out in the EU Taxonomy and qualify as environmentally sustainable in accordance with EU Taxonomy; or
- issuers whereby the majority of their business activities (more than 50% of revenue) contribute to environmental or social objectives aligned with one or more of the United Nations Sustainable Development Goals (“SDGs”); or
- issuers which have set a decarbonisation target consistent with a 1.5 degree warming scenario or lower (verified by the Science Based Target Initiative or a Fidelity Proprietary Climate Rating) which would be considered to contribute to environmental objectives;provided they do no significant harm, meet minimum safeguards and good governance criteria.

How do the sustainable investments that the financial product partially intends to make, not cause significant harm to any environmental or social sustainable investment objective?
Sustainable investments are screened for involvement in activities that cause significant harm and controversies, assessed through a check that the issuer meets minimum safeguards and standards that relate to principal adverse impacts (PAIs) as well as performance on PAI metrics. This includes:
- Norms-based screens - the screening out of securities identified under Fidelity’s existing norms-based screens (as set out below);
- Activity-based screens - the screening out of issuers based on their participation in activities with significant negative impacts on society or the environment, including issuers that are considered to have a ‘Very Severe’ controversy using controversy screens, covering
- environmental issues,
- human rights and communities,
- labour rights and supply chain,
- customers,
- governance; and
	- PAI indicators - quantitative data (where available) on PAI indicators is used to evaluate whether an issuer is involved in activities that cause significant harm to any environmental or social objective.


Principal adverse impacts are the most significant negative impacts of investment decisions on sustainability factors relating to environmental, social and employee matters, respect for human rights, anti- corruption and anti- bribery matters.
How have the indicators for adverse impacts on sustainability factors been taken into account?
For sustainable investments, as set out above, Fidelity undertakes a quantitative evaluation to identify issuers with challenging performance on PAI indicators. Issuers with a low score will be ineligible to be ‘sustainable investments’ unless Fidelity’s fundamental research determines that the issuer is not breaching “do no significant harm” requirements, or is on the path to mitigate the adverse impacts through effective management or transition.
How are the sustainable investments aligned with the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights? Details:
Norms-based screens are applied: Issuers identified as failing to behave in a way which meets their fundamental responsibilities in the areas of human rights, labour, environmental and anti-corruption as aligned with international norms including those set out by the OECD Guidelines for Multinational Enterprises, the UN Guiding Principles on Business and Human Rights, the UN Global Compact (UNGC) and the International Labour Organisation (ILO) Conventions, are not considered sustainable investments.
The EU Taxonomy sets out a “do not significant harm” principle by which Taxonomy-aligned investments should not significantly harm EU Taxonomy objectives and is accompanied by specific EU criteria.
The “do no significant harm” principle applies only to those investments underlying the financial product that take into account the EU criteria for environmentally sustainable economic activities. The investments underlying the remaining portion of this financial product do not take into account the EU criteria for environmentally sustainable economic activities.
Any other sustainable investments must also not significantly harm any environmental or social objectives.

###### Does this financial product consider principal adverse impacts on sustainability factors?
Yes
- NoConsideration of the principal adverse impacts on sustainability factors of investment decisions (referred to as principal adverse impacts) is incorporated through a variety of tools, including:
- Due Diligence - analysis of whether impacts on sustainability factors are material and negative.
- ESG rating - Fidelity references ESG ratings which incorporate consideration of material principal adverse impacts such as carbon emissions, employee safety and bribery and corruption, water management and, for sovereign issued securities, ratings used incorporate consideration of material principal adverse impacts such as carbon emissions, social violations and freedom of expression.
- Exclusions - When investing directly in corporate issuers, the fund applies the Exclusions (as defined below) to help mitigate the principal adverse impacts through excluding harmful sectors and prohibiting investment in issuers that breach international standards, such as the UNGC.
- Engagement - Fidelity uses engagement as a tool to better understand principal adverse impacts and, in some circumstances, advocate for mitigating the principal adverse impacts. Fidelity participates in relevant individual and collaborative engagements that target a number of principal adverse impacts (i.e. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Voting - Fidelity’s voting policy includes explicit minimum standards for board gender diversity and engagement with climate change for corporate issuers. Fidelity may also vote to help mitigate principal adverse impacts.
- Quarterly reviews - monitoring of principal adverse impacts through the fund’s quarterly review process.

Fidelity takes into account specific indicators for each sustainability factor when considering whether investments have a principal adverse impact. These indicators are subject to data availability and may evolve with improving data quality and availability.
Information on principal adverse impacts will be available in the annual report of the fund.
The investment strategy guides investment decisions based on factors such as investments objectives and risk tolerance.

######  What investment strategy does this financial product follow?
A minimum of 50% of the fund’s assets will be invested in securities with favourable ESG characteristics.
Favourable ESG characteristics are determined by reference to ESG ratings provided by external agencies and Fidelity ESG ratings.
Within this investment universe, the Investment Manager selects stocks through rigorous bottom-up financial analysis and valuation to select stocks with strong investment return potential.
In respect of its direct investments in corporate issuers, the fund is subject to:
- a firm-wide exclusions list, which includes cluster munitions and anti-personnel landmines, and
- a norms-based screening of issuers which the Investment Manager considers have failed to conduct their business in accordance with international norms, including as set out in the UNGC.

The above exclusions and screens (the “Exclusions”) may be updated from time to time. Please refer to the website for further information Sustainable investing framework(fidelityinternational.com).
The Investment Manager also has discretion to implement enhanced, stricter sustainable requirements and exclusions from time to time.
What are the binding elements of the investment strategy used to select the investments to attain each of the environmental or social characteristics promoted by this financial product?
The fund will invest:
- a minimum of 50% of its assets in issuers with favourable ESG characteristics,
- a minimum of 5% in sustainable investments of which a minimum of 5% have a social objective.

In addition, the fund will systematically apply the Exclusions as described above.
What is the committed minimum rate to reduce the scope of the investments considered prior to the application of that investment strategy?
This question is not applicable.
Good governance practices include sound management structures, employee relations, remuneration of staff and tax compliance.
What is the policy to assess good governance practices of the investee companies?
The governance practices of issuers are assessed using fundamental research, including Fidelity ESG ratings, data regarding controversies and UN Global Compact violations.
Key points that are analysed include track record of capital allocation, financial transparency, related party transactions, board independence and size, executive pay, auditors and internal oversight, minority shareholder rights, among other indicators.
Asset allocation describes the share of investments in specific assets.
Taxonomy-aligned activities are expressed as a share of:
- turnover reflecting the share of revenue from green activities of investee companies
- capital expenditure (CapEx) showing the green investments made by investee companies,e.g. for a transition to a green economy.

- operational expenditure (OpEx) reflecting green operational activities of investee companies.

###### 	What is the asset allocation planned for this financial product?
(#1 Aligned with E/S characteristics) The fund aims to invest:
- a minimum of 50% of its assets in securities of issuers with favourable ESG characteristics,
- A minimum of 5% of its assets in sustainable investments (#1A sustainable) of which a minimum of of 5% have a social objective.

(#1B Other E/S characteristics) Includes securities of issuers with favourable ESG characteristics but are not sustainable investments.
How does the use of derivatives attain the environmental or social characteristics promoted by the financial product?
Where the security underlying a derivative has favourable ESG characteristics in accordance with Fidelity's Sustainable Investing Framework, the derivative may be included in determining the proportion of the fund dedicated to promotion of environmental or social characteristics.
To what minimum extent are sustainable investments with an environmental objective aligned with the EU Taxonomy?
The fund invests a minimum of 0% in sustainable investments with an environmental objective aligned with the EU Taxonomy.
The compliance of the investments of the fund with the EU Taxonomy will not be subject to an assurance by auditors or a review by third parties.
The EU Taxonomy alignment of the underlying investments of the fund is measured by turnover.
Does the financial product invest in fossil gas and/or nuclear energy-related activities that comply with the EU Taxonomy¹?
- YesNo
- In fossil gas	In nuclear energyWhat is the minimum share of investments in transitional and enabling activities?

The fund invests a minimum of 0% in transitional activities and a minimum of 0% in enabling activities.
What is the minimum share of sustainable investments with an environmental objective that are not aligned with the EU Taxonomy?
The fund does not intend to make sustainable investments with an environmental objective that is not aligned with the EU Taxonomy.
What is the minimum share of socially sustainable investments?
The fund invests a minimum of 5% in sustainable investments with a social objective.
¹Fossil gas and/or nuclear related activities will only comply with the EU Taxonomy where they contribute to limiting climate change (“climate change mitigation”) and do not significantly harm any EU Taxonomy objectives - see explanatory note in the left hand margin. The full criteria for fossil gas and nuclear energy economic activities that comply with the EU Taxonomy are laid down in Commission Delegated Regulation (EU) 2022/1214.
What investments are included under “#2 Other”, what is their purpose and are there any minimum environmental or social safeguards?
The remaining investments of the fund will be invested in assets aligned with the financial objective of the fund, cash and cash equivalents for liquidity purposes and derivatives which may be used for investment and efficient portfolio management.
As a minimum environmental and social safeguard, the fund will adhere to the Exclusions.

###### Is a specific index designated as a reference benchmark to determine whether this financial product is aligned with the environmental and/or social characteristics that it promotes?
An index has not been designated as a reference benchmark to determine whether this financial product is aligned with the environmental or social characteristics that it promotes.
Reference benchmarks are indexes to measure whether the financial product attains the environmental or social characteristics that they promote.
How is the reference benchmark continuously aligned with each of the environmental or social characteristics promoted by the financial product?
This question is not applicable.
How is the alignment of the investment strategy with the methodology of the index ensured on a continuous basis?
This question is not applicable.
How does the designated index differ from a relevant broad market index?
This question is not applicable.
Where can the methodology used for the calculation of the designated index be found?
This question is not applicable.

###### 	Where can I find more product specific information online?
More product-specific information can be found on the website: https:/www.fidelity.lu/funds/factsheet/LU1391767586/tab-disclosure#SFDR-disclosure. 
Further information on the methodologies set out herein is available on the website: Sustainable investing framework (fidelityinternational.com).
Pre-contractual disclosure for the financial products referred to in Article 8, paragraphs 1, 2 and 2a, of Regulation (EU) 2019/2088 and Article 6, first paragraph, of Regulation (EU) 2020/852
Product name:	Legal entity identifier:
Fidelity Funds - Global Focus Fund	549300F4JJCOV7BCT788

###### Environmental and/or social characteristics
| Does this financial product have a sustainable investment objective? |
| --- |
|  | - Yes
 |  | No |
| - It will make a minimum of sustainable investments with an environmental objective:%
- in economic activities that qualify as environmentally sustainable under the EU Taxonomy
- in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
- It will make a minimum of sustainable investments with a social objective:%
 | It promotes Environmental/Social (E/S) characteristics and while it does not have as its objective a sustainable investment, it will have a minimum proportion of 10% of sustainable investments - with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomywith an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomywith a social objective
- It promotes E/S characteristics, but will not make any sustainable investments
 |

What environmental and/or social characteristics are promoted by this financial product?
Sustainability indicators measure how the environmental or social characteristics promoted by the financial product are attained.
The fund promotes environmental and social characteristics by investing in securities of issuers with favourable ESG characteristics. Favourable ESG characteristics are determined by reference to ESG ratings. ESG ratings consider environmental characteristics including carbon intensity, carbon emissions, energy efficiency, water and waste management and biodiversity, as well as social characteristics including product safety, supply chain, health and safety and human rights.
The fund partially intends to make sustainable investments.
No reference benchmark has been designated for the purpose of attaining the environmental and social characteristics promoted.
What sustainability indicators are used to measure the attainment of each of the environmental or social characteristics promoted by this financial product?
The fund uses the following sustainability indicators in order to measure the attainment of the environmental or social characteristics that it promotes:
- the percentage of the fund invested in securities of issuers with favourable ESG characteristics in accordance with Fidelity’s Sustainable Investing Framework;
- in respect of its direct investments in corporate issuers, the percentage of the fund invested in securities of issuers with exposure to the Exclusions (defined below);
- the percentage of the fund invested in sustainable investments;
- the percentage of the fund invested in sustainable investments with an environmental objective in economic activities (that do not qualify as environmentally sustainable under the EU Taxonomy); and
- the percentage of the fund invested in sustainable investments with a social objective.

What are the objectives of the sustainable investments that the financial product partially intends to make and how does the sustainable investment contribute to such objectives?
The fund determines a sustainable investment as follows:
- issuers that undertake economic activities that contribute to one or more of the environmental objectives set out in the EU Taxonomy and qualify as environmentally sustainable in accordance with EU Taxonomy; or
- issuers whereby the majority of their business activities (more than 50% of revenue) contribute to environmental or social objectives aligned with one or more of the United Nations Sustainable Development Goals (“SDGs”); or
- issuers which have set a decarbonisation target consistent with a 1.5 degree warming scenario or lower (verified by the Science Based Target Initiative or a Fidelity Proprietary Climate Rating) which would be considered to contribute to environmental objectives;provided they do no significant harm, meet minimum safeguards and good governance criteria.

How do the sustainable investments that the financial product partially intends to make, not cause significant harm to any environmental or social sustainable investment objective?
Sustainable investments are screened for involvement in activities that cause significant harm and controversies, assessed through a check that the issuer meets minimum safeguards and standards that relate to principal adverse impacts (PAIs) as well as performance on PAI metrics. This includes:
- Norms-based screens - the screening out of securities identified under Fidelity’s existing norms-based screens (as set out below);
- Activity-based screens - the screening out of issuers based on their participation in activities with significant negative impacts on society or the environment, including issuers that are considered to have a ‘Very Severe’ controversy using controversy screens, covering
- environmental issues,
- human rights and communities,
- labour rights and supply chain,
- customers,
- governance; and
	- PAI indicators - quantitative data (where available) on PAI indicators is used to evaluate whether an issuer is involved in activities that cause significant harm to any environmental or social objective.


Principal adverse impacts are the most significant negative impacts of investment decisions on sustainability factors relating to environmental, social and employee matters, respect for human rights, anti- corruption and anti- bribery matters.
How have the indicators for adverse impacts on sustainability factors been taken into account?
For sustainable investments, as set out above, Fidelity undertakes a quantitative evaluation to identify issuers with challenging performance on PAI indicators. Issuers with a low score will be ineligible to be ‘sustainable investments’ unless Fidelity’s fundamental research determines that the issuer is not breaching “do no significant harm” requirements, or is on the path to mitigate the adverse impacts through effective management or transition.
How are the sustainable investments aligned with the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights? Details:
Norms-based screens are applied: Issuers identified as failing to behave in a way which meets their fundamental responsibilities in the areas of human rights, labour, environmental and anti-corruption as aligned with international norms including those set out by the OECD Guidelines for Multinational Enterprises, the UN Guiding Principles on Business and Human Rights, the UN Global Compact (UNGC) and the International Labour Organisation (ILO) Conventions, are not considered sustainable investments.
The EU Taxonomy sets out a “do not significant harm” principle by which Taxonomy-aligned investments should not significantly harm EU Taxonomy objectives and is accompanied by specific EU criteria.
The “do no significant harm” principle applies only to those investments underlying the financial product that take into account the EU criteria for environmentally sustainable economic activities. The investments underlying the remaining portion of this financial product do not take into account the EU criteria for environmentally sustainable economic activities.
Any other sustainable investments must also not significantly harm any environmental or social objectives.

###### Does this financial product consider principal adverse impacts on sustainability factors?
Yes
- NoConsideration of the principal adverse impacts on sustainability factors of investment decisions (referred to as principal adverse impacts) is incorporated through a variety of tools, including:
- Due Diligence - analysis of whether impacts on sustainability factors are material and negative.
- ESG rating - Fidelity references ESG ratings which incorporate consideration of material principal adverse impacts such as carbon emissions, employee safety and bribery and corruption, water management and, for sovereign issued securities, ratings used incorporate consideration of material principal adverse impacts such as carbon emissions, social violations and freedom of expression.
- Exclusions - When investing directly in corporate issuers, the fund applies the Exclusions (as defined below) to help mitigate the principal adverse impacts through excluding harmful sectors and prohibiting investment in issuers that breach international standards, such as the UNGC.
- Engagement - Fidelity uses engagement as a tool to better understand principal adverse impacts and, in some circumstances, advocate for mitigating the principal adverse impacts. Fidelity participates in relevant individual and collaborative engagements that target a number of principal adverse impacts (i.e. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Voting - Fidelity’s voting policy includes explicit minimum standards for board gender diversity and engagement with climate change for corporate issuers. Fidelity may also vote to help mitigate principal adverse impacts.
- Quarterly reviews - monitoring of principal adverse impacts through the fund’s quarterly review process.

Fidelity takes into account specific indicators for each sustainability factor when considering whether investments have a principal adverse impact. These indicators are subject to data availability and may evolve with improving data quality and availability.
Information on principal adverse impacts will be available in the annual report of the fund.
The investment strategy guides investment decisions based on factors such as investments objectives and risk tolerance.

######  What investment strategy does this financial product follow?
A minimum of 50% of the fund’s assets will be invested in securities with favourable ESG characteristics.
Favourable ESG characteristics are determined by reference to ESG ratings provided by external agencies and Fidelity ESG ratings.
Within this investment universe, the Investment Manager selects stocks through rigorous bottom-up financial analysis and valuation to select stocks with strong investment return potential.
In respect of its direct investments in corporate issuers, the fund is subject to:
- a firm-wide exclusions list, which includes cluster munitions and anti-personnel landmines, and
- a norms-based screening of issuers which the Investment Manager considers have failed to conduct their business in accordance with international norms, including as set out in the UNGC.

The above exclusions and screens (the “Exclusions”) may be updated from time to time. Please refer to the website for further information Sustainable investing framework(fidelityinternational.com).
The Investment Manager also has discretion to implement enhanced, stricter sustainable requirements and exclusions from time to time.
What are the binding elements of the investment strategy used to select the investments to attain each of the environmental or social characteristics promoted by this financial product?
The fund will invest:
- a minimum of 50% of its assets in issuers with favourable ESG characteristics,
- a minimum of 10% in sustainable investments of which a minimum of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 1% have a social objective.

In addition, the fund will systematically apply the Exclusions as described above.
What is the committed minimum rate to reduce the scope of the investments considered prior to the application of that investment strategy?
This question is not applicable.
Good governance practices include sound management structures, employee relations, remuneration of staff and tax compliance.
What is the policy to assess good governance practices of the investee companies?
The governance practices of issuers are assessed using fundamental research, including Fidelity ESG ratings, data regarding controversies and UN Global Compact violations.
Key points that are analysed include track record of capital allocation, financial transparency, related party transactions, board independence and size, executive pay, auditors and internal oversight, minority shareholder rights, among other indicators.
Asset allocation describes the share of investments in specific assets.
Taxonomy-aligned activities are expressed as a share of:
- turnover reflecting the share of revenue from green activities of investee companies
- capital expenditure (CapEx) showing the green investments made by investee companies,e.g. for a transition to a green economy.

- operational expenditure (OpEx) reflecting green operational activities of investee companies.

###### 	What is the asset allocation planned for this financial product?
(#1 Aligned with E/S characteristics) The fund aims to invest:
- a minimum of 50% of its assets in securities of issuers with favourable ESG characteristics,
- A minimum of 10% of its assets in sustainable investments (#1A sustainable) of whicha minimum of of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 1% have a social objective. The remaining sustainable investments of the fund may have an environmental or social objective.

(#1B Other E/S characteristics) Includes securities of issuers with favourable ESG characteristics but are not sustainable investments.
How does the use of derivatives attain the environmental or social characteristics promoted by the financial product?
Where the security underlying a derivative has favourable ESG characteristics in accordance with Fidelity's Sustainable Investing Framework, the derivative may be included in determining the proportion of the fund dedicated to promotion of environmental or social characteristics.
To what minimum extent are sustainable investments with an environmental objective aligned with the EU Taxonomy?
The fund invests a minimum of 0% in sustainable investments with an environmental objective aligned with the EU Taxonomy.
The compliance of the investments of the fund with the EU Taxonomy will not be subject to an assurance by auditors or a review by third parties.
The EU Taxonomy alignment of the underlying investments of the fund is measured by turnover.
Does the financial product invest in fossil gas and/or nuclear energy-related activities that comply with the EU Taxonomy¹?
- YesNo
- In fossil gas	In nuclear energyWhat is the minimum share of investments in transitional and enabling activities?

The fund invests a minimum of 0% in transitional activities and a minimum of 0% in enabling activities.
What is the minimum share of sustainable investments with an environmental objective that are not aligned with the EU Taxonomy?
The fund invests a minimum of 1% in sustainable investments with an environmental objective that is not aligned with the EU Taxonomy.
Investments could be aligned with the EU Taxonomy but the Investment Manager is not currently in a position to specify the exact proportion of the fund’s underlying investments which take into account the EU criteria for environmentally sustainable economic activities. However, the position will be kept under review as the underlying rules are finalised and the availability of reliable data increases over time.
¹Fossil gas and/or nuclear related activities will only comply with the EU Taxonomy where they contribute to limiting climate change (“climate change mitigation”) and do not significantly harm any EU Taxonomy objectives - see explanatory note in the left hand margin. The full criteria for fossil gas and nuclear energy economic activities that comply with the EU Taxonomy are laid down in Commission Delegated Regulation (EU) 2022/1214.
What is the minimum share of socially sustainable investments?
The fund invests a minimum of 1% in sustainable investments with a social objective.
What investments are included under “#2 Other”, what is their purpose and are there any minimum environmental or social safeguards?
The remaining investments of the fund will be invested in assets aligned with the financial objective of the fund, cash and cash equivalents for liquidity purposes and derivatives which may be used for investment and efficient portfolio management.
As a minimum environmental and social safeguard, the fund will adhere to the Exclusions.

###### Is a specific index designated as a reference benchmark to determine whether this financial product is aligned with the environmental and/or social characteristics that it promotes?
An index has not been designated as a reference benchmark to determine whether this financial product is aligned with the environmental or social characteristics that it promotes.
Reference benchmarks are indexes to measure whether the financial product attains the environmental or social characteristics that they promote.
How is the reference benchmark continuously aligned with each of the environmental or social characteristics promoted by the financial product?
This question is not applicable.
How is the alignment of the investment strategy with the methodology of the index ensured on a continuous basis?
This question is not applicable.
How does the designated index differ from a relevant broad market index?
This question is not applicable.
Where can the methodology used for the calculation of the designated index be found?
This question is not applicable.

###### 	Where can I find more product specific information online?
More product-specific information can be found on the website: https:/www.fidelity.lu/funds/factsheet/LU1366333091/tab-disclosure#SFDR-disclosure. 
Further information on the methodologies set out herein is available on the website: Sustainable investing framework (fidelityinternational.com).
Pre-contractual disclosure for the financial products referred to in Article 8, paragraphs 1, 2 and 2a, of Regulation (EU) 2019/2088 and Article 6, first paragraph, of Regulation (EU) 2020/852
Product name:	Legal entity identifier:
Fidelity Funds - Global Technology Fund	549300TVS03JI4WXGJ44

###### Environmental and/or social characteristics
| Does this financial product have a sustainable investment objective? |
| --- |
|  | - Yes
 |  | No |
| - It will make a minimum of sustainable investments with an environmental objective:%
- in economic activities that qualify as environmentally sustainable under the EU Taxonomy
- in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
- It will make a minimum of sustainable investments with a social objective:%
 | It promotes Environmental/Social (E/S) characteristics and while it does not have as its objective a sustainable investment, it will have a minimum proportion of 5% of sustainable investments - with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomywith an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomywith a social objective
- It promotes E/S characteristics, but will not make any sustainable investments
 |

What environmental and/or social characteristics are promoted by this financial product?
Sustainability indicators measure how the environmental or social characteristics promoted by the financial product are attained.
The fund promotes environmental and social characteristics by investing in securities of issuers with favourable ESG characteristics. Favourable ESG characteristics are determined by reference to ESG ratings. ESG ratings consider environmental characteristics including carbon intensity, carbon emissions, energy efficiency, water and waste management and biodiversity, as well as social characteristics including product safety, supply chain, health and safety and human rights.
The fund partially intends to make sustainable investments.
No reference benchmark has been designated for the purpose of attaining the environmental and social characteristics promoted.
What sustainability indicators are used to measure the attainment of each of the environmental or social characteristics promoted by this financial product?
The fund uses the following sustainability indicators in order to measure the attainment of the environmental or social characteristics that it promotes:
- the percentage of the fund invested in securities of issuers with favourable ESG characteristics in accordance with Fidelity’s Sustainable Investing Framework;
- in respect of its direct investments in corporate issuers, the percentage of the fund invested in securities of issuers with exposure to the Exclusions (defined below);
- the percentage of the fund invested in sustainable investments;
- the percentage of the fund invested in sustainable investments with an environmental objective in economic activities (that do not qualify as environmentally sustainable under the EU Taxonomy); and
- the percentage of the fund invested in sustainable investments with a social objective.

What are the objectives of the sustainable investments that the financial product partially intends to make and how does the sustainable investment contribute to such objectives?
The fund determines a sustainable investment as follows:
- issuers that undertake economic activities that contribute to one or more of the environmental objectives set out in the EU Taxonomy and qualify as environmentally sustainable in accordance with EU Taxonomy; or
- issuers whereby the majority of their business activities (more than 50% of revenue) contribute to environmental or social objectives aligned with one or more of the United Nations Sustainable Development Goals (“SDGs”); or
- issuers which have set a decarbonisation target consistent with a 1.5 degree warming scenario or lower (verified by the Science Based Target Initiative or a Fidelity Proprietary Climate Rating) which would be considered to contribute to environmental objectives;provided they do no significant harm, meet minimum safeguards and good governance criteria.

How do the sustainable investments that the financial product partially intends to make, not cause significant harm to any environmental or social sustainable investment objective?
Sustainable investments are screened for involvement in activities that cause significant harm and controversies, assessed through a check that the issuer meets minimum safeguards and standards that relate to principal adverse impacts (PAIs) as well as performance on PAI metrics. This includes:
- Norms-based screens - the screening out of securities identified under Fidelity’s existing norms-based screens (as set out below);
- Activity-based screens - the screening out of issuers based on their participation in activities with significant negative impacts on society or the environment, including issuers that are considered to have a ‘Very Severe’ controversy using controversy screens, covering
- environmental issues,
- human rights and communities,
- labour rights and supply chain,
- customers,
- governance; and
	- PAI indicators - quantitative data (where available) on PAI indicators is used to evaluate whether an issuer is involved in activities that cause significant harm to any environmental or social objective.


Principal adverse impacts are the most significant negative impacts of investment decisions on sustainability factors relating to environmental, social and employee matters, respect for human rights, anti- corruption and anti- bribery matters.
How have the indicators for adverse impacts on sustainability factors been taken into account?
For sustainable investments, as set out above, Fidelity undertakes a quantitative evaluation to identify issuers with challenging performance on PAI indicators. Issuers with a low score will be ineligible to be ‘sustainable investments’ unless Fidelity’s fundamental research determines that the issuer is not breaching “do no significant harm” requirements, or is on the path to mitigate the adverse impacts through effective management or transition.
How are the sustainable investments aligned with the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights? Details:
Norms-based screens are applied: Issuers identified as failing to behave in a way which meets their fundamental responsibilities in the areas of human rights, labour, environmental and anti-corruption as aligned with international norms including those set out by the OECD Guidelines for Multinational Enterprises, the UN Guiding Principles on Business and Human Rights, the UN Global Compact (UNGC) and the International Labour Organisation (ILO) Conventions, are not considered sustainable investments.
The EU Taxonomy sets out a “do not significant harm” principle by which Taxonomy-aligned investments should not significantly harm EU Taxonomy objectives and is accompanied by specific EU criteria.
The “do no significant harm” principle applies only to those investments underlying the financial product that take into account the EU criteria for environmentally sustainable economic activities. The investments underlying the remaining portion of this financial product do not take into account the EU criteria for environmentally sustainable economic activities.
Any other sustainable investments must also not significantly harm any environmental or social objectives.

###### Does this financial product consider principal adverse impacts on sustainability factors?
Yes
- NoConsideration of the principal adverse impacts on sustainability factors of investment decisions (referred to as principal adverse impacts) is incorporated through a variety of tools, including:
- Due Diligence - analysis of whether impacts on sustainability factors are material and negative.
- ESG rating - Fidelity references ESG ratings which incorporate consideration of material principal adverse impacts such as carbon emissions, employee safety and bribery and corruption, water management and, for sovereign issued securities, ratings used incorporate consideration of material principal adverse impacts such as carbon emissions, social violations and freedom of expression.
- Exclusions - When investing directly in corporate issuers, the fund applies the Exclusions (as defined below) to help mitigate the principal adverse impacts through excluding harmful sectors and prohibiting investment in issuers that breach international standards, such as the UNGC.
- Engagement - Fidelity uses engagement as a tool to better understand principal adverse impacts and, in some circumstances, advocate for mitigating the principal adverse impacts. Fidelity participates in relevant individual and collaborative engagements that target a number of principal adverse impacts (i.e. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Voting - Fidelity’s voting policy includes explicit minimum standards for board gender diversity and engagement with climate change for corporate issuers. Fidelity may also vote to help mitigate principal adverse impacts.
- Quarterly reviews - monitoring of principal adverse impacts through the fund’s quarterly review process.

Fidelity takes into account specific indicators for each sustainability factor when considering whether investments have a principal adverse impact. These indicators are subject to data availability and may evolve with improving data quality and availability.
Information on principal adverse impacts will be available in the annual report of the fund.
The investment strategy guides investment decisions based on factors such as investments objectives and risk tolerance.

######  What investment strategy does this financial product follow?
A minimum of 50% of the fund’s assets will be invested in securities with favourable ESG characteristics.
Favourable ESG characteristics are determined by reference to ESG ratings provided by external agencies and Fidelity ESG ratings.
Within this investment universe, the Investment Manager selects stocks through rigorous bottom-up financial analysis and valuation to select stocks with strong investment return potential.
In respect of its direct investments in corporate issuers, the fund is subject to:
- a firm-wide exclusions list, which includes cluster munitions and anti-personnel landmines, and
- a norms-based screening of issuers which the Investment Manager considers have failed to conduct their business in accordance with international norms, including as set out in the UNGC.

The above exclusions and screens (the “Exclusions”) may be updated from time to time. Please refer to the website for further information Sustainable investing framework(fidelityinternational.com).
The Investment Manager also has discretion to implement enhanced, stricter sustainable requirements and exclusions from time to time.
What are the binding elements of the investment strategy used to select the investments to attain each of the environmental or social characteristics promoted by this financial product?
The fund will invest:
- a minimum of 50% of its assets in issuers with favourable ESG characteristics,
- a minimum of 5% in sustainable investments of which a minimum of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 1% have a social objective.

In addition, the fund will systematically apply the Exclusions as described above.
What is the committed minimum rate to reduce the scope of the investments considered prior to the application of that investment strategy?
This question is not applicable.
Good governance practices include sound management structures, employee relations, remuneration of staff and tax compliance.
What is the policy to assess good governance practices of the investee companies?
The governance practices of issuers are assessed using fundamental research, including Fidelity ESG ratings, data regarding controversies and UN Global Compact violations.
Key points that are analysed include track record of capital allocation, financial transparency, related party transactions, board independence and size, executive pay, auditors and internal oversight, minority shareholder rights, among other indicators.
Asset allocation describes the share of investments in specific assets.
Taxonomy-aligned activities are expressed as a share of:
- turnover reflecting the share of revenue from green activities of investee companies
- capital expenditure (CapEx) showing the green investments made by investee companies,e.g. for a transition to a green economy.

- operational expenditure (OpEx) reflecting green operational activities of investee companies.

###### 	What is the asset allocation planned for this financial product?
(#1 Aligned with E/S characteristics) The fund aims to invest:
- a minimum of 50% of its assets in securities of issuers with favourable ESG characteristics,
- A minimum of 5% of its assets in sustainable investments (#1A sustainable) of which a minimum of of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 1% have a social objective. The remaining sustainable investments of the fund may have an environmental or social objective.

(#1B Other E/S characteristics) Includes securities of issuers with favourable ESG characteristics but are not sustainable investments.
How does the use of derivatives attain the environmental or social characteristics promoted by the financial product?
Where the security underlying a derivative has favourable ESG characteristics in accordance with Fidelity's Sustainable Investing Framework, the derivative may be included in determining the proportion of the fund dedicated to promotion of environmental or social characteristics.
To what minimum extent are sustainable investments with an environmental objective aligned with the EU Taxonomy?
The fund invests a minimum of 0% in sustainable investments with an environmental objective aligned with the EU Taxonomy.
The compliance of the investments of the fund with the EU Taxonomy will not be subject to an assurance by auditors or a review by third parties.
The EU Taxonomy alignment of the underlying investments of the fund is measured by turnover.
Does the financial product invest in fossil gas and/or nuclear energy-related activities that comply with the EU Taxonomy¹?
- YesNo
- In fossil gas	In nuclear energyWhat is the minimum share of investments in transitional and enabling activities?

The fund invests a minimum of 0% in transitional activities and a minimum of 0% in enabling activities.
What is the minimum share of sustainable investments with an environmental objective that are not aligned with the EU Taxonomy?
The fund invests a minimum of 1% in sustainable investments with an environmental objective that is not aligned with the EU Taxonomy.
Investments could be aligned with the EU Taxonomy but the Investment Manager is not currently in a position to specify the exact proportion of the fund’s underlying investments which take into account the EU criteria for environmentally sustainable economic activities. However, the position will be kept under review as the underlying rules are finalised and the availability of reliable data increases over time.
¹Fossil gas and/or nuclear related activities will only comply with the EU Taxonomy where they contribute to limiting climate change (“climate change mitigation”) and do not significantly harm any EU Taxonomy objectives - see explanatory note in the left hand margin. The full criteria for fossil gas and nuclear energy economic activities that comply with the EU Taxonomy are laid down in Commission Delegated Regulation (EU) 2022/1214.
What is the minimum share of socially sustainable investments?
The fund invests a minimum of 1% in sustainable investments with a social objective.
What investments are included under “#2 Other”, what is their purpose and are there any minimum environmental or social safeguards?
The remaining investments of the fund will be invested in assets aligned with the financial objective of the fund, cash and cash equivalents for liquidity purposes and derivatives which may be used for investment and efficient portfolio management.
As a minimum environmental and social safeguard, the fund will adhere to the Exclusions.

###### Is a specific index designated as a reference benchmark to determine whether this financial product is aligned with the environmental and/or social characteristics that it promotes?
An index has not been designated as a reference benchmark to determine whether this financial product is aligned with the environmental or social characteristics that it promotes.
Reference benchmarks are indexes to measure whether the financial product attains the environmental or social characteristics that they promote.
How is the reference benchmark continuously aligned with each of the environmental or social characteristics promoted by the financial product?
This question is not applicable.
How is the alignment of the investment strategy with the methodology of the index ensured on a continuous basis?
This question is not applicable.
How does the designated index differ from a relevant broad market index?
This question is not applicable.
Where can the methodology used for the calculation of the designated index be found?
This question is not applicable.

###### 	Where can I find more product specific information online?
More product-specific information can be found on the website: https:/www.fidelity.lu/funds/factsheet/LU1213836080/tab-disclosure#SFDR-disclosure. 
Further information on the methodologies set out herein is available on the website: Sustainable investing framework (fidelityinternational.com).
Pre-contractual disclosure for the financial products referred to in Article 8, paragraphs 1, 2 and 2a, of Regulation (EU) 2019/2088 and Article 6, first paragraph, of Regulation (EU) 2020/852
Product name:	Legal entity identifier:
Fidelity Funds - Global Thematic Opportunities Fund	5493007VVU2XBPB4GZ92

###### Environmental and/or social characteristics
| Does this financial product have a sustainable investment objective? |
| --- |
|  | - Yes
 |  | No |
| - It will make a minimum of sustainable investments with an environmental objective:%
- in economic activities that qualify as environmentally sustainable under the EU Taxonomy
- in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
- It will make a minimum of sustainable investments with a social objective:%
 | It promotes Environmental/Social (E/S) characteristics and while it does not have as its objective a sustainable investment, it will have a minimum proportion of 15% of sustainable investments - with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomywith an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomywith a social objective
- It promotes E/S characteristics, but will not make any sustainable investments
 |

What environmental and/or social characteristics are promoted by this financial product?
Sustainability indicators measure how the environmental or social characteristics promoted by the financial product are attained.
The fund promotes environmental and social characteristics by investing in securities of issuers with favourable ESG characteristics. Favourable ESG characteristics are determined by reference to ESG ratings. ESG ratings consider environmental characteristics including carbon intensity, carbon emissions, energy efficiency, water and waste management and biodiversity, as well as social characteristics including product safety, supply chain, health and safety and human rights.
The fund partially intends to make sustainable investments.
No reference benchmark has been designated for the purpose of attaining the environmental and social characteristics promoted.
What sustainability indicators are used to measure the attainment of each of the environmental or social characteristics promoted by this financial product?
The fund uses the following sustainability indicators in order to measure the attainment of the environmental or social characteristics that it promotes:
- the percentage of the fund invested in securities of issuers with favourable ESG characteristics in accordance with Fidelity’s Sustainable Investing Framework;
- in respect of its direct investments in corporate issuers, the percentage of the fund invested in securities of issuers with exposure to the Exclusions (defined below);
- the percentage of the fund invested in sustainable investments;
- the percentage of the fund invested in sustainable investments with an environmental objective in economic activities (that do not qualify as environmentally sustainable under the EU Taxonomy); and
- the percentage of the fund invested in sustainable investments with a social objective.

What are the objectives of the sustainable investments that the financial product partially intends to make and how does the sustainable investment contribute to such objectives?
The fund determines a sustainable investment as follows:
- issuers that undertake economic activities that contribute to one or more of the environmental objectives set out in the EU Taxonomy and qualify as environmentally sustainable in accordance with EU Taxonomy; or
- issuers whereby the majority of their business activities (more than 50% of revenue) contribute to environmental or social objectives aligned with one or more of the United Nations Sustainable Development Goals (“SDGs”); or
- issuers which have set a decarbonisation target consistent with a 1.5 degree warming scenario or lower (verified by the Science Based Target Initiative or a Fidelity Proprietary Climate Rating) which would be considered to contribute to environmental objectives;provided they do no significant harm, meet minimum safeguards and good governance criteria.

How do the sustainable investments that the financial product partially intends to make, not cause significant harm to any environmental or social sustainable investment objective?
Sustainable investments are screened for involvement in activities that cause significant harm and controversies, assessed through a check that the issuer meets minimum safeguards and standards that relate to principal adverse impacts (PAIs) as well as performance on PAI metrics. This includes:
- Norms-based screens - the screening out of securities identified under Fidelity’s existing norms-based screening (as set out below);
- Activity-based screens - the screening out of issuers based on their participation in activities with significant negative impacts on society or the environment, including issuers that are considered to have a ‘Very Severe’ controversy using controversy screens, covering
- environmental issues,
- human rights and communities,
- labour rights and supply chain,
- customers,
- governance; and
	- PAI indicators - quantitative data (where available) on PAI indicators is used to evaluate whether an issuer is involved in activities that cause significant harm to any environmental or social objective.


Principal adverse impacts are the most significant negative impacts of investment decisions on sustainability factors relating to environmental, social and employee matters, respect for human rights, anti- corruption and anti- bribery matters.
How have the indicators for adverse impacts on sustainability factors been taken into account?
For sustainable investments, as set out above, Fidelity undertakes a quantitative evaluation that identifies entities with challenging performance on PAI indicators. Issuers with a low score will be ineligible to be ‘sustainable investments’ unless Fidelity’s fundamental research determines that the issuer is not breaching “do no significant harm” requirements or is on the path to mitigate the adverse impacts through effective management or transition.
How are the sustainable investments aligned with the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights? Details:
Norms-based screens are applied: Issuers identified as failing to behave in a way which meets their fundamental responsibilities in the areas of human rights, labour, environmental and anti-corruption as aligned with international norms including those set out by the OECD Guidelines for Multinational Enterprises, the UN Guiding Principles on Business and Human Rights, the UN Global Compact (UNGC) and the International Labour Organisation (ILO) Conventions, are not considered sustainable investments.
The EU Taxonomy sets out a “do not significant harm” principle by which Taxonomy-aligned investments should not significantly harm EU Taxonomy objectives and is accompanied by specific EU criteria.
The “do no significant harm” principle applies only to those investments underlying the financial product that take into account the EU criteria for environmentally sustainable economic activities. The investments underlying the remaining portion of this financial product do not take into account the EU criteria for environmentally sustainable economic activities.
Any other sustainable investments must also not significantly harm any environmental or social objectives.

###### Does this financial product consider principal adverse impacts on sustainability factors?
Yes
- NoConsideration of the principal adverse impacts on sustainability factors of investment decisions (referred to as principal adverse impacts) is incorporated through a variety of tools, including:
- Due Diligence - analysis of whether impacts on sustainability factors are material and negative.
- ESG rating - Fidelity references ESG ratings which incorporate consideration of material principal adverse impacts such as carbon emissions, employee safety and bribery and corruption, water management and, for sovereign issued securities, ratings used incorporate consideration of material principal adverse impacts such as carbon emissions, social violations and freedom of expression.
- Exclusions - When investing directly in corporate issuers, the fund applies the Exclusions (as defined below) to help mitigate the principal adverse impacts through excluding harmful sectors and prohibiting investment in issuers that breach international standards, such as the UNGC.
- Engagement - Fidelity uses engagement as a tool to better understand principal adverse impacts and, in some circumstances, advocate for mitigating the principal adverse impacts. Fidelity participates in relevant individual and collaborative engagements that target a number of principal adverse impacts (i.e. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Voting - Fidelity’s voting policy includes explicit minimum standards for board gender diversity and engagement with climate change for corporate issuers. Fidelity may also vote to help mitigate principal adverse impacts.
- Quarterly reviews - monitoring of principal adverse impacts through the fund’s quarterly review process.

Fidelity takes into account specific indicators for each sustainability factor when considering whether investments have a principal adverse impact. These indicators are subject to data availability and may evolve with improving data quality and availability.
Information on principal adverse impacts will be available in the annual report of the fund.
The investment strategy guides investment decisions based on factors such as investments objectives and risk tolerance.

######  What investment strategy does this financial product follow?
The fund aims to achieve long-term capital growth from a portfolio primarily made up of securities of companies throughout the world including emerging markets. The fund aims to invest in multiple long-term market themes by investing in securities that may benefit from structural and/or secular (i.e. long term and not cyclical) changes in economic and social factors, such as disruptive technologies, demographics and climate change. Secular changes generally last for ten years or more and can lead to structural changes.
Disruptive technologies are innovations that meaningfully change consumer, industry or company behaviour. Demographic trends are long-term dynamics including those related to ageing population (including companies relating to healthcare and retirement consumption), growth of the middle class (companies exposed to increased consumption, increasing financial services and urbanization), and population growth (including companies exposed to scarcity of resources and need for improving productivity and automation). The Investment Manager has the discretion on the choice of themes the fund invests in.
A minimum of 50% of the fund’s assets will be invested in securities with favourable ESG characteristics.
Favourable ESG characteristics are determined by reference to ESG ratings provided by external agencies and Fidelity ESG ratings.
Fidelity’s Multi Asset Research team aim to understand an individual manager’s approach to ESG by evaluating how far ESG considerations are integrated within the investment process and philosophy, the analyst’s financial analysis and the composition of the portfolio. They consider how ESG factors are integrated into the investment policy of the strategy, and, where proprietary ratings are used, how ESG research and output is evidenced in individual security weights and any applicable engagement and exclusion policies. The team consults a range of data sources, including Fidelity Sustainability Ratings as well as third-party data, in order to assess the ESG metrics of the relevant strategies.
In respect of its direct investments in corporate issuers, the fund is subject to:
- a firm-wide exclusions list, which includes cluster munitions and anti-personnel landmines, and
- a norms-based screening of issuers which the Investment Manager considers have failed to conduct their business in accordance with international norms, including as set out in the UNGC.

The above exclusions and screens (the “Exclusions”) may be updated from time to time. Please refer to the website for further information Sustainable investing framework(fidelityinternational.com).
The Investment Manager also has discretion to implement enhanced, stricter sustainable requirements and exclusions from time to time.
What are the binding elements of the investment strategy used to select the investments to attain each of the environmental or social characteristics promoted by this financial product?
The fund will invest:
- a minimum of 50% of its assets in issuers with favourable ESG characteristics,
- a minimum of 15% in sustainable investments of which a minimum of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 3% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 1% have a social objective.

In addition, the fund will systematically apply the Exclusions as described above.
What is the committed minimum rate to reduce the scope of the investments considered prior to the application of that investment strategy?
This question is not applicable.
Good governance practices include sound management structures, employee relations, remuneration of staff and tax compliance.
What is the policy to assess good governance practices of the investee companies?
The governance practices of issuers are assessed using fundamental research, including Fidelity ESG Ratings, data regarding controversies and UN Global Compact violations.
Key points that are analysed include track record of capital allocation, financial transparency, related party transactions, board independence and size, executive pay, auditors and internal oversight, minority shareholder rights, among other indicators.

###### What is the asset allocation planned for this financial product?
Asset allocation describes the share of investments in specific assets.
Taxonomy-aligned activities are expressed as a share of:
- turnover reflecting the share of revenue from green activities of investee companies
- capital expenditure (CapEx) showing the green investments made by investee companies,e.g. for a transition to a green economy.

- operational expenditure (OpEx) reflecting green operational activities of investee companies.
(#1 Aligned with E/S characteristics) The fund will invest:
- a minimum of 50% of its assets in securities of issuers with favourable ESG characteristics;
- a minimum of 15% of its assets in sustainable investments (#1A sustainable) of which a minimum of of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 3% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 1% have a social objective. The remaining sustainable investments of the fund may have an environmental or social objective.

(#1B Other E/S characteristics) Includes securities of issuers with favourable ESG characteristics but are not sustainable investments.
How does the use of derivatives attain the environmental or social characteristics promoted by the financial product?
Where the security underlying a derivative has favourable ESG characteristics in accordance with Fidelity's Sustainable Investing Framework, the derivative may be included in determining the proportion of the fund dedicated to promotion of environmental or social characteristics.
To what minimum extent are sustainable investments with an environmental objective aligned with the EU Taxonomy?
The fund invests a minimum of 0% in sustainable investments with an environmental objective aligned with the EU Taxonomy.
The compliance of the investments of the fund with the EU Taxonomy will not be subject to an assurance by auditors or a review by third parties.
The EU Taxonomy alignment of the underlying investments of the fund is measured by turnover.
Does the financial product invest in fossil gas and/or nuclear energy-related activities that comply with the EU Taxonomy¹?
- YesNo
- In fossil gas	In nuclear energyWhat is the minimum share of investments in transitional and enabling activities?

The fund invests a minimum of 0% in transitional activities and a minimum of 0% in enabling activities.
What is the minimum share of sustainable investments with an environmental objective that are not aligned with the EU Taxonomy?
The fund invests a minimum of 3% in sustainable investments with an environmental objective that is not aligned with the EU Taxonomy.
Investments could be aligned with the EU Taxonomy but the Investment Manager is not currently in a position to specify the exact proportion of the fund’s underlying investments which take into account the EU criteria for environmentally sustainable economic activities. However, the position will be kept under review as the underlying rules are finalised and the availability of reliable data increases over time.
¹Fossil gas and/or nuclear related activities will only comply with the EU Taxonomy where they contribute to limiting climate change (“climate change mitigation”) and do not significantly harm any EU Taxonomy objectives - see explanatory note in the left hand margin. The full criteria for fossil gas and nuclear energy economic activities that comply with the EU Taxonomy are laid down in Commission Delegated Regulation (EU) 2022/1214.
What is the minimum share of socially sustainable investments?
The fund invests a minimum of 1% in sustainable investments with a social objective.
What investments are included under “#2 Other”, what is their purpose and are there any minimum environmental or social safeguards?
The remaining investments of the fund which are not aligned with the favourable ESG characteristics, will be invested in accordance with the financial investment objective of the fund, or cash and cash equivalents for liquidity purposes and derivatives which may be used for investment and efficient portfolio management.
As minimum environmental and social safeguard, all direct investments in corporate issuers will adhere to the Exclusions.

###### Is a specific index designated as a reference benchmark to determine whether this financial product is aligned with the environmental and/or social characteristics that it promotes?
An index has not been designated as a reference benchmark to determine whether this financial product is aligned with the environmental or social characteristics that it promotes.
Reference benchmarks are indexes to measure whether the financial product attains the environmental or social characteristics that they promote.
How is the reference benchmark continuously aligned with each of the environmental or social characteristics promoted by the financial product?
This question is not applicable.
How is the alignment of the investment strategy with the methodology of the index ensured on a continuous basis?
This question is not applicable.
How does the designated index differ from a relevant broad market index?
This question is not applicable.
Where can the methodology used for the calculation of the designated index be found?
This question is not applicable.

###### 	Where can I find more product specific information online?
More product-specific information can be found on the website: https:/www.fidelity.lu/funds/factsheet/LU0251129895/tab-disclosure#SFDR-disclosure. 
Further information on the methodologies set out herein is available on the website: Sustainable investing framework (fidelityinternational.com).
Pre-contractual disclosure for the financial products referred to in Article 8, paragraphs 1, 2 and 2a, of Regulation (EU) 2019/2088 and Article 6, first paragraph, of Regulation (EU) 2020/852
Product name:	Legal entity identifier:
Fidelity Funds - Institutional Global Focus Fund	5493003YW9GXTX4AB509

###### Environmental and/or social characteristics
| Does this financial product have a sustainable investment objective? |
| --- |
|  | - Yes
 |  | No |
| - It will make a minimum of sustainable investments with an environmental objective:%
- in economic activities that qualify as environmentally sustainable under the EU Taxonomy
- in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
- It will make a minimum of sustainable investments with a social objective:%
 | It promotes Environmental/Social (E/S) characteristics and while it does not have as its objective a sustainable investment, it will have a minimum proportion of 10% of sustainable investments - with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomywith an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomywith a social objective
- It promotes E/S characteristics, but will not make any sustainable investments
 |

What environmental and/or social characteristics are promoted by this financial product?
Sustainability indicators measure how the environmental or social characteristics promoted by the financial product are attained.
The fund promotes environmental and social characteristics by investing in securities of issuers with favourable ESG characteristics. Favourable ESG characteristics are determined by reference to ESG ratings. ESG ratings consider environmental characteristics including carbon intensity, carbon emissions, energy efficiency, water and waste management and biodiversity, as well as social characteristics including product safety, supply chain, health and safety and human rights.
The fund partially intends to make sustainable investments.
No reference benchmark has been designated for the purpose of attaining the environmental and social characteristics promoted.
What sustainability indicators are used to measure the attainment of each of the environmental or social characteristics promoted by this financial product?
The fund uses the following sustainability indicators in order to measure the attainment of the environmental or social characteristics that it promotes:
- the percentage of the fund invested in securities of issuers with favourable ESG characteristics in accordance with Fidelity’s Sustainable Investing Framework;
- in respect of its direct investments in corporate issuers, the percentage of the fund invested in securities of issuers with exposure to the Exclusions (defined below);
- the percentage of the fund invested in sustainable investments;
- the percentage of the fund invested in sustainable investments with an environmental objective in economic activities (that do not qualify as environmentally sustainable under the EU Taxonomy); and
- the percentage of the fund invested in sustainable investments with a social objective.

What are the objectives of the sustainable investments that the financial product partially intends to make and how does the sustainable investment contribute to such objectives?
The fund determines a sustainable investment as follows:
- issuers that undertake economic activities that contribute to one or more of the environmental objectives set out in the EU Taxonomy and qualify as environmentally sustainable in accordance with EU Taxonomy; or
- issuers whereby the majority of their business activities (more than 50% of revenue) contribute to environmental or social objectives aligned with one or more of the United Nations Sustainable Development Goals (“SDGs”); or
- issuers which have set a decarbonisation target consistent with a 1.5 degree warming scenario or lower (verified by the Science Based Target Initiative or a Fidelity Proprietary Climate Rating) which would be considered to contribute to environmental objectives;provided they do no significant harm, meet minimum safeguards and good governance criteria.

How do the sustainable investments that the financial product partially intends to make, not cause significant harm to any environmental or social sustainable investment objective?
Sustainable investments are screened for involvement in activities that cause significant harm and controversies, assessed through a check that the issuer meets minimum safeguards and standards that relate to principal adverse impacts (PAIs) as well as performance on PAI metrics. This includes:
- Norms-based screens - the screening out of securities identified under Fidelity’s existing norms-based screens (as set out below);
- Activity-based screens - the screening out of issuers based on their participation in activities with significant negative impacts on society or the environment, including issuers that are considered to have a ‘Very Severe’ controversy using controversy screens, covering
- environmental issues,
- human rights and communities,
- labour rights and supply chain,
- customers,
- governance; and
	- PAI indicators - quantitative data (where available) on PAI indicators is used to evaluate whether an issuer is involved in activities that cause significant harm to any environmental or social objective.


Principal adverse impacts are the most significant negative impacts of investment decisions on sustainability factors relating to environmental, social and employee matters, respect for human rights, anti- corruption and anti- bribery matters.
How have the indicators for adverse impacts on sustainability factors been taken into account?
For sustainable investments, as set out above, Fidelity undertakes a quantitative evaluation to identify issuers with challenging performance on PAI indicators. Issuers with a low score will be ineligible to be ‘sustainable investments’ unless Fidelity’s fundamental research determines that the issuer is not breaching “do no significant harm” requirements, or is on the path to mitigate the adverse impacts through effective management or transition.
How are the sustainable investments aligned with the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights? Details:
Norms-based screens are applied: Issuers identified as failing to behave in a way which meets their fundamental responsibilities in the areas of human rights, labour, environmental and anti-corruption as aligned with international norms including those set out by the OECD Guidelines for Multinational Enterprises, the UN Guiding Principles on Business and Human Rights, the UN Global Compact (UNGC) and the International Labour Organisation (ILO) Conventions, are not considered sustainable investments.
The EU Taxonomy sets out a “do not significant harm” principle by which Taxonomy-aligned investments should not significantly harm EU Taxonomy objectives and is accompanied by specific EU criteria.
The “do no significant harm” principle applies only to those investments underlying the financial product that take into account the EU criteria for environmentally sustainable economic activities. The investments underlying the remaining portion of this financial product do not take into account the EU criteria for environmentally sustainable economic activities.
Any other sustainable investments must also not significantly harm any environmental or social objectives.

###### Does this financial product consider principal adverse impacts on sustainability factors?
Yes
- NoConsideration of the principal adverse impacts on sustainability factors of investment decisions (referred to as principal adverse impacts) is incorporated through a variety of tools, including:
- Due Diligence - analysis of whether impacts on sustainability factors are material and negative.
- ESG rating - Fidelity references ESG ratings which incorporate consideration of material principal adverse impacts such as carbon emissions, employee safety and bribery and corruption, water management and, for sovereign issued securities, ratings used incorporate consideration of material principal adverse impacts such as carbon emissions, social violations and freedom of expression.
- Exclusions - When investing directly in corporate issuers, the fund applies the Exclusions (as defined below) to help mitigate the principal adverse impacts through excluding harmful sectors and prohibiting investment in issuers that breach international standards, such as the UNGC.
- Engagement - Fidelity uses engagement as a tool to better understand principal adverse impacts and, in some circumstances, advocate for mitigating the principal adverse impacts. Fidelity participates in relevant individual and collaborative engagements that target a number of principal adverse impacts (i.e. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Voting - Fidelity’s voting policy includes explicit minimum standards for board gender diversity and engagement with climate change for corporate issuers. Fidelity may also vote to help mitigate principal adverse impacts.
- Quarterly reviews - monitoring of principal adverse impacts through the fund’s quarterly review process.

Fidelity takes into account specific indicators for each sustainability factor when considering whether investments have a principal adverse impact. These indicators are subject to data availability and may evolve with improving data quality and availability.
Information on principal adverse impacts will be available in the annual report of the fund.
The investment strategy guides investment decisions based on factors such as investments objectives and risk tolerance.

######  What investment strategy does this financial product follow?
A minimum of 50% of the fund’s assets will be invested in securities with favourable ESG characteristics.
Favourable ESG characteristics are determined by reference to ESG ratings provided by external agencies and Fidelity ESG ratings.
Within this investment universe, the Investment Manager selects stocks through rigorous bottom-up financial analysis and valuation to select stocks with strong investment return potential.
In respect of its direct investments in corporate issuers, the fund is subject to:
- a firm-wide exclusions list, which includes cluster munitions and anti-personnel landmines, and
- a norms-based screening of issuers which the Investment Manager considers have failed to conduct their business in accordance with international norms, including as set out in the UNGC.

The above exclusions and screens (the “Exclusions”) may be updated from time to time. Please refer to the website for further information Sustainable investing framework(fidelityinternational.com).
The Investment Manager also has discretion to implement enhanced, stricter sustainable requirements and exclusions from time to time.
What are the binding elements of the investment strategy used to select the investments to attain each of the environmental or social characteristics promoted by this financial product?
The fund will invest:
- a minimum of 50% of its assets in issuers with favourable ESG characteristics,
- a minimum of 10% in sustainable investments of which a minimum of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 1% have a social objective.

In addition, the fund will systematically apply the Exclusions as described above.
What is the committed minimum rate to reduce the scope of the investments considered prior to the application of that investment strategy?
This question is not applicable.
Good governance practices include sound management structures, employee relations, remuneration of staff and tax compliance.
What is the policy to assess good governance practices of the investee companies?
The governance practices of issuers are assessed using fundamental research, including Fidelity ESG ratings, data regarding controversies and UN Global Compact violations.
Key points that are analysed include track record of capital allocation, financial transparency, related party transactions, board independence and size, executive pay, auditors and internal oversight, minority shareholder rights, among other indicators.
Asset allocation describes the share of investments in specific assets.
Taxonomy-aligned activities are expressed as a share of:
- turnover reflecting the share of revenue from green activities of investee companies
- capital expenditure (CapEx) showing the green investments made by investee companies,e.g. for a transition to a green economy.

- operational expenditure (OpEx) reflecting green operational activities of investee companies.

###### 	What is the asset allocation planned for this financial product?
(#1 Aligned with E/S characteristics) The fund aims to invest:
- a minimum of 50% of its assets in securities of issuers with favourable ESG characteristics,
- A minimum of 10% of its assets in sustainable investments (#1A sustainable) of whicha minimum of of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 1% have a social objective. The remaining sustainable investments of the fund may have an environmental or social objective.

(#1B Other E/S characteristics) Includes securities of issuers with favourable ESG characteristics but are not sustainable investments.
How does the use of derivatives attain the environmental or social characteristics promoted by the financial product?
Where the security underlying a derivative has favourable ESG characteristics in accordance with Fidelity's Sustainable Investing Framework, the derivative may be included in determining the proportion of the fund dedicated to promotion of environmental or social characteristics.
To what minimum extent are sustainable investments with an environmental objective aligned with the EU Taxonomy?
The fund invests a minimum of 0% in sustainable investments with an environmental objective aligned with the EU Taxonomy.
The compliance of the investments of the fund with the EU Taxonomy will not be subject to an assurance by auditors or a review by third parties.
The EU Taxonomy alignment of the underlying investments of the fund is measured by turnover.
Does the financial product invest in fossil gas and/or nuclear energy-related activities that comply with the EU Taxonomy¹?
- YesNo
- In fossil gas	In nuclear energyWhat is the minimum share of investments in transitional and enabling activities?

The fund invests a minimum of 0% in transitional activities and a minimum of 0% in enabling activities.
What is the minimum share of sustainable investments with an environmental objective that are not aligned with the EU Taxonomy?
The fund invests a minimum of 1% in sustainable investments with an environmental objective that is not aligned with the EU Taxonomy.
Investments could be aligned with the EU Taxonomy but the Investment Manager is not currently in a position to specify the exact proportion of the fund’s underlying investments which take into account the EU criteria for environmentally sustainable economic activities. However, the position will be kept under review as the underlying rules are finalised and the availability of reliable data increases over time.
¹Fossil gas and/or nuclear related activities will only comply with the EU Taxonomy where they contribute to limiting climate change (“climate change mitigation”) and do not significantly harm any EU Taxonomy objectives - see explanatory note in the left hand margin. The full criteria for fossil gas and nuclear energy economic activities that comply with the EU Taxonomy are laid down in Commission Delegated Regulation (EU) 2022/1214.
What is the minimum share of socially sustainable investments?
The fund invests a minimum of 1% in sustainable investments with a social objective.
What investments are included under “#2 Other”, what is their purpose and are there any minimum environmental or social safeguards?
The remaining investments of the fund will be invested in assets aligned with the financial objective of the fund, cash and cash equivalents for liquidity purposes and derivatives which may be used for investment and efficient portfolio management.
As a minimum environmental and social safeguard, the fund will adhere to the Exclusions.

###### Is a specific index designated as a reference benchmark to determine whether this financial product is aligned with the environmental and/or social characteristics that it promotes?
An index has not been designated as a reference benchmark to determine whether this financial product is aligned with the environmental or social characteristics that it promotes.
Reference benchmarks are indexes to measure whether the financial product attains the environmental or social characteristics that they promote.
How is the reference benchmark continuously aligned with each of the environmental or social characteristics promoted by the financial product?
This question is not applicable.
How is the alignment of the investment strategy with the methodology of the index ensured on a continuous basis?
This question is not applicable.
How does the designated index differ from a relevant broad market index?
This question is not applicable.
Where can the methodology used for the calculation of the designated index be found?
This question is not applicable.

###### 	Where can I find more product specific information online?
More product-specific information can be found on the website: https:/www.fidelity.lu/funds/factsheet/LU0287143605/tab-disclosure#SFDR-disclosure. 
Further information on the methodologies set out herein is available on the website: Sustainable investing framework (fidelityinternational.com).
Pre-contractual disclosure for the financial products referred to in Article 9, paragraphs 1 to 4a, of Regulation (EU) 2019/2088 and Article 5, first paragraph, of Regulation (EU) 2020/852
Product name:	Legal entity identifier:
Fidelity Funds - Sustainable Biodiversity Fund	254900A0NBA2VPEUUK66

###### Sustainable investment objective
| Does this financial product have a sustainable investment objective? |
| --- |
|  | Yes |  | - No
 |
| It will make a minimum of sustainable investments with an environmental objective: 31% in economic activities that qualify as environmentally sustainable under the EU Taxonomy in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy It will make a minimum of sustainable investments with a social objective: 3% | - It promotes Environmental/Social (E/S) characteristics and while it does not have as its objective a sustainable investment, it will have a minimum proportion of % of sustainable investments
	- with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomy
	- with an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
	- with a social objective

- It promotes E/S characteristics, but will not make any sustainable investments
 |

Sustainability indicators measure how the sustainable objectives of this financial product are attained.
What is the sustainable investment objective of this financial product? 
The fund aims to achieve capital growth over the long term by investing in sustainable investments.
The fund determines a sustainable investment as follows:
- issuers that undertake economic activities that contribute to one or more of the environmental objectives set out in the EU Taxonomy and qualify as environmentally sustainable in accordance with EU Taxonomy; or
- issuers whereby the majority of their business activities (more than 50% of revenue) contribute to environmental or social objectives aligned with one or more of the United Nations Sustainable Development Goals (“SDGs”); or
- issuers which have set a decarbonisation target consistent with a 1.5 degree warming scenario or lower (verified by the Science Based Target Initiative or a Fidelity Proprietary Climate Rating) which would be considered to contribute to environmental objectives; provided they do no significant harm, meet minimum safeguards and good governance criteria.

The investment manager selects issuers based on the contribution of their economic activities to environmental or social objectives which are aligned with the SDGs.
The SDGs are a series of goals published by the United Nations which recognise that ending poverty and other deprivations must go hand-in-hand with improvements in health and education, economic growth, and a reduction in inequalities, all while tackling climate change and working to preserve the planet’s oceans and forests. For further details see the UN website: https://sdgs.un.org/goals .
Environmental focused SDGs include clean water and sanitation; affordable and clean energy; responsible consumption and production; and climate action. Social focused SDGs include no poverty; zero hunger; economic growth and productive employment; industry, innovation and infrastructure; safe and sustainable cities and communities.
No reference benchmark has been designated for the purpose of attaining the sustainable investment objective.
What sustainability indicators are used to measure the attainment of the sustainable investment objective of this financial product?
The fund uses the following sustainability indicators in order to measure the sustainable investment objective is met:
- the percentage of the fund invested in sustainable investments;
- the percentage of the fund invested in sustainable investments with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomy;
- the percentage of the fund invested in sustainable investments with an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy;
- the percentage of the fund invested in sustainable investments with a social objective; and
- the percentage of the fund with exposure to investments that undertake activities that are excluded in accordance with the Exclusions (defined below).

How do sustainable investments not cause significant harm to any environmental or social sustainable investment objective?
Sustainable investments are screened for involvement in activities that cause significant harm and controversies, assessed through a check that the issuer meets minimum safeguards and standards that relate to principal adverse impacts (PAIs) as well as for performance on PAI metrics. This includes:
- Norms-based screens - the screening out of securities identified under Fidelity’s existing norms-based screens (as set out below);
- Activity-based screens - the screening out of issuers based on their participation in activities with significant negative impacts on society or the environment, including issuers that are considered to have a ‘Very Severe’ controversy using controversy screens, covering
- environmental issues,
- human rights and communities,
- labour rights and supply chain,
- customers,
- governance; and
	- PAI indicators - quantitative data (where available) on PAI indicators is used to evaluate whether an issuer is involved in activities that cause significant harm to any environmental or social objective.


Principal adverse impacts are the most significant negative impacts of investment decisions on sustainability factors relating to environmental, social and employee matters, respect for human rights, anti- corruption and anti- bribery matters.
How have the indicators for adverse impacts on sustainability factors been taken into account?
As set out above, Fidelity undertakes a quantitative evaluation to identify issuers with challenging performance on PAI indicators. Issuers with a low score will be ineligible to be ‘sustainable investments’ unless Fidelity’s fundamental research determines that the issuer is not breaching “do no significant harm” requirements, or is on the path to mitigate the adverse impacts through effective management or transition.
How are the sustainable investments aligned with the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights?
Norms-based screens are applied - issuers identified as failing to behave in a way which meets their fundamental responsibilities in the areas of human rights, labour, environmental and anti-corruption as aligned with international norms including those set out by OECD Guidelines for Multinational Enterprises, the UN Guiding Principles on Business and Human Rights, the UN Global Compact (UNGC) and the International Labour Organisation (ILO) Conventions, are not considered sustainable investments.

###### Does this financial product consider principal adverse impacts on sustainability factors?
Yes
- NoConsideration of the principal adverse impacts on sustainability factors of investment decisions (referred to as principal adverse impacts) is incorporated through a variety of tools, including:
- Due Diligence - analysis of whether impacts on sustainability factors are material and negative.
- ESG rating - Fidelity references ESG ratings which incorporate consideration of material principal adverse impacts such as carbon emissions, employee safety and bribery and corruption, water management and, for sovereign issued securities, ratings used incorporate consideration of material principal adverse impacts such as carbon emissions, social violations and freedom of expression.
- Exclusions - When investing directly in corporate issuers, the fund applies the Exclusions (as defined below) to help mitigate the principal adverse impacts through excluding harmful sectors and prohibiting investment in issuers that breach international standards, such as the UNGC.
- Engagement - Fidelity uses engagement as a tool to better understand principal adverse impacts and, in some circumstances, advocate for mitigating the principal adverse impacts. Fidelity participates in relevant individual and collaborative engagements that target a number of principal adverse impacts (i.e. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Voting - Fidelity’s voting policy includes explicit minimum standards for board gender diversity and engagement with climate change for corporate issuers. Fidelity may also vote to help mitigate principal adverse impacts.
- Quarterly reviews - monitoring of principal adverse impacts through the fund’s quarterly review process.

Fidelity takes into account specific indicators for each sustainability factor when considering whether investments have a principal adverse impact. These indicators are subject to data availability and may evolve with improving data quality and availability.
Information on principal adverse impacts will be available in the annual report of the fund.

###### What investment strategy does this financial product follow?
The investment strategy guides investment decisions based on factors such as investments objectives and risk tolerance.
The fund is part of the Fidelity Sustainable Family of funds and adopts a Sustainable Thematic strategy. The fund invests in companies which contribute to environmental or social objectives aligned with one or more SDGs, do no significant harm, meet minimum safeguards and good governance requirements.
The fund seeks to select companies which aim to enable the stabilisation or mitigation of biodiversity loss through technologies and solutions that (amongst other things) reduce the impact of climate change, pollution and over exploitation of natural resources. Examples of technologies and solutions to biodiversity loss provided by such companies include electric vehicles, biodegradable materials, agricultural efficiency, waste-water treatment, sustainable fish feeding, reduced land use and sustainable practices in mining and energy production.
The fund will also seek to select companies which adopt good practices contributing towards the stabilisation or mitigation of biodiversity loss either through the products or services they offer, or the policies they have in place. Investments will be focused on the companies that demonstrate leading biodiversity practices in their space as identified by FIL Group research analysts.
Within this investment universe, the investment manager selects stocks through rigorous bottom-up financial analysis and valuation to select stocks with strong investment return potential.
Key components of the investment strategy are:
- Sustainable Investments; A minimum of 80% of the fund’s assets will be Sustainable Investments.
- Do No Significant Harm; The fund applies the “do no significant harm” criteria, as set out above, to all direct investments held within the fund.
- Minimum safeguards; The fund excludes direct investments that fail to conduct their business in accordance with accepted international norms, including as set out by OECD Guidelines for Multinational Enterprises, the UN Guiding Principles on Business and Human Rights, UN Global Compact (UNGC) and the International Labour Organisation (ILO) Conventions.
- Good governance; All investee companies in the fund will be screened for controversies, including tax and bribery and corruption screenings.
- Exclusions; respect of its direct investments, the fund is subject to:
	- a firm-wide exclusions list, which includes cluster munitions and anti-personnel landmines; and
	- a principle-based screening policy which includes:
		- norms-based screening of issuers which the investment manager considers have failed to conduct their business in accordance with international norms, including as set out in the UNGC; and
		- negative screening of certain sectors, companies or practices based on specific ESG criteria where revenue thresholds may be applied.



The investment manager has discretion to implement sustainable requirements and exclusions having regard to their applicable investment process from time to time.
The above exclusions and screens (the “Exclusions”) may be updated from time to time. Please refer to the website for further information Sustainable investing framework(fidelityinternational.com).
In addition to the above, the fund assesses the ESG ratings (either based on external ratings or the Fidelity ESG ratings) of at least 90% of the fund’s assets and the fund’s investment universe will be reduced by at least 20% due to the exclusion of issuers on the basis of their ESG characteristics.
What are the binding elements of the investment strategy used to select the investments to attain the sustainable investment objective?
The fund will invest a minimum of 80% of its assets in sustainable investments of which a minimum of 1% have an environmental objective which is aligned with the EU Taxonomy, a minimum of 30% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 3% have a social objective;
provided that such investments do not significantly harm any of those objectives and that investee companies follow good governance practices.
In attaining the sustainable investment objective, the fund commits to selecting companies whose economic activity contributes to an environmental or social objective aligned with one or more of the SDGs, as described in the investment strategy section above.
In addition to the above, the fund assesses the ESG ratings (either based on external ratings or the Fidelity ESG ratings)of at least 90% of the fund’s assets and the fund’s investment universe will be reduced by at least 20% due to the exclusion of issuers on the basis of their ESG characteristics.
The fund will systematically apply the Exclusions as described above.
Good governance practices include sound management structures, employee relations, remuneration of staff and tax compliance.
What is the policy to assess good governance practices of the investee companies?
All investee companies will be screened for controversies, including tax, bribery and corruption screenings, to help meet good governance requirements for investee companies. In addition to these screens, governance practices of issuers are assessed using fundamental research.
Key points that are analysed include track record of capital allocation, financial transparency, related party transactions, board independence and size, executive pay, auditors and internal oversight, minority shareholder rights, among other indicators.

###### What is the asset allocation and the minimum share of sustainable investments?
Asset allocation describes the share of investments in specific assets.
Taxonomy-aligned activities are expressed as a share of:
- turnover reflecting the share of revenue from green activities of investee companies
- capital expenditure (CapEx) showing the green investments made by investee companies,e.g. for a transition to a green economy.

- operational expenditure (OpEx) reflecting green operational activities of investee companies.
(#1 Sustainable) The fund will invest a minimum of 80% of its assets in sustainable investments of which a minimum of 1% have an environmental objective which is aligned with the EU Taxonomy, a minimum of 30% will have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 3% will have a social objective. The remaining sustainable investments of the fund may have an environmental or social objective.
How does the use of derivatives attain the sustainable investment objective?
Where the security underlying a derivative is deemed to contribute to the sustainable objective of the fund, the derivative may be used to contribute to the attainment of the sustainable investment objective.
To what minimum extent are sustainable investments with an environmental objective aligned with the EU Taxonomy?
The fund invests a minimum of 1% in sustainable investments with an environmental objective aligned with the EU Taxonomy.
The compliance of the investments of the fund with the EU Taxonomy will not be subject to an assurance by auditors or a review by third parties.
The EU Taxonomy alignment of the underlying investments of the fund is measured by turnover.
Does the financial product invest in fossil gas and/or nuclear energy-related activities that comply with the EU Taxonomy¹?
- YesNo
- In fossil gas	In nuclear energy¹Fossil gas and/or nuclear related activities will only comply with the EU Taxonomy where they contribute to limiting climate change (“climate change mitigation”) and do not significantly harm any EU Taxonomy objectives - see explanatory note in the left hand margin. The full criteria for fossil gas and nuclear energy economic activities that comply with the EU Taxonomy are laid down in Commission Delegated Regulation (EU) 2022/1214.

What is the minimum share of investments in transitional and enabling activities?
The fund invests a minimum of 0% in transitional activities and a minimum of 0% in enabling activities.
What is the minimum share of sustainable investments with an environmental objective that are not aligned with the EU Taxonomy?
The fund invests a minimum of 30% in sustainable investments with an environmental objective that is not aligned with the EU Taxonomy.
Investments could be aligned with the EU Taxonomy but the Investment Manager is not currently in a position to specify the exact proportion of the fund’s underlying investments which take into account the EU criteria for environmentally sustainable economic activities. However, the position will be kept under review as the underlying rules are finalised and the availability of reliable data increases over time.
What is the minimum share of sustainable investments with a social objective?
The fund invests a minimum of 3% in sustainable investments with a social objective.
What investments are included under “#2 Not sustainable”, what is their purpose and are there any minimum environmental or social safeguards?
Investments included under “#2 Not sustainable” may include cash, money market instruments, investments used for hedging and efficient portfolio management purposes.
In addition, all direct investments of the fund must adhere to the Exclusions, do no significant harm to environmental or social objectives, have good governance practices and must not affect the delivery of the sustainable investment objective.

###### Is a specific index designated as a reference benchmark to meet the sustainable investment objective?
An index has not been designated as a reference benchmark to meet the sustainable investment objective.
Reference benchmarks are indexes to measure whether the financial product attains the sustainable investment objective.
How does the reference benchmark take into account sustainability factors in a way that is continuously aligned with the sustainable investment objective?
This question is not applicable.
How is the alignment of the investment strategy with the methodology of the index ensured on a continuous basis?
This question is not applicable.
How does the designated index differ from a relevant broad market index?
This question is not applicable.
Where can the methodology used for the calculation of the designated index be found?
This question is not applicable.

###### 	Where can I find more product specific information online?
More product-specific information can be found on the website: https:/www.fidelity.lu/funds/factsheet/LU2514100978/tab-disclosure#SFDR-disclosure. 
Further information on the methodologies set out herein is available on the website: Sustainable investing framework (fidelityinternational.com).
Pre-contractual disclosure for the financial products referred to in Article 8, paragraphs 1, 2 and 2a, of Regulation (EU) 2019/2088 and Article 6, first paragraph, of Regulation (EU) 2020/852
Product name:	Legal entity identifier:
Fidelity Funds - Sustainable Consumer Brands Fund	549300213EH7YILB9X45

###### Environmental and/or social characteristics
| Does this financial product have a sustainable investment objective? |
| --- |
|  | - Yes
 |  | No |
| - It will make a minimum of sustainable investments with an environmental objective:%
- in economic activities that qualify as environmentally sustainable under the EU Taxonomy
- in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
- It will make a minimum of sustainable investments with a social objective:%
 | It promotes Environmental/Social (E/S) characteristics and while it does not have as its objective a sustainable investment, it will have a minimum proportion of 30% of sustainable investments - with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomywith an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomywith a social objective
- It promotes E/S characteristics, but will not make any sustainable investments
 |

What environmental and/or social characteristics are promoted by this financial product?
Sustainability indicators measure how the environmental or social characteristics promoted by the financial product are attained.
The fund promotes environmental and social characteristics by investing in securities of issuers with favourable ESG characteristics. Favourable ESG characteristics are determined by reference to ESG ratings.
The fund aims to provide investors with long-term capital growth, primarily through investment in the equity securities of companies throughout the world, including those in countries considered to be emerging markets and linked to the theme of consumer brands (i.e. companies with intellectual property, pricing power and strong track record of growth). Investments will include, but will not be limited to, companies involved in the designing, manufacturing, marketing and/or selling of branded consumer goods and/or services.
The fund partially intends to make sustainable investments.
No reference benchmark has been designated for the purpose of attaining the environmental and social characteristics promoted.
What sustainability indicators are used to measure the attainment of each of the environmental or social characteristics promoted by this financial product?
The fund uses the following sustainability indicators in order to measure the attainment of the environmental or social characteristics that it promotes:
- the percentage of the fund invested in securities of issuers having favourable ESG characteristics in accordance with Fidelity’s Sustainable Investing Framework;
- the percentage of the fund invested in securities of issuers with exposure to the Exclusions (defined below);
- the percentage of the fund invested in sustainable investments;
- the percentage of the fund invested in sustainable investments with an environmental objective in economic activities (that do not qualify as environmentally sustainable under the EU Taxonomy); and
- the percentage of the fund invested in sustainable investments with a social objective.

What are the objectives of the sustainable investments that the financial product partially intends to make and how does the sustainable investment contribute to such objectives?
The fund determines a sustainable investment as follows:
- issuers that undertake economic activities that contribute to one or more of the environmental objectives set out in the EU Taxonomy and qualify as environmentally sustainable in accordance with EU Taxonomy; or
- issuers whereby the majority of their business activities (more than 50% of revenue) contribute to environmental or social objectives aligned with one or more of the United Nations Sustainable Development Goals (“SDGs”); or
- issuers which have set a decarbonisation target consistent with a 1.5 degree warming scenario or lower (verified by the Science Based Target Initiative or a Fidelity Proprietary Climate Rating) which would be considered to contribute to environmental objectives;provided they do no significant harm, meet minimum safeguards and good governance criteria.

How do the sustainable investments that the financial product partially intends to make, not cause significant harm to any environmental or social sustainable investment objective?
Sustainable investments are screened for involvement in activities that cause significant harm and controversies, assessed through a check that the issuer meets minimum safeguards and standards that relate to principal adverse impacts (PAIs) as well as for performance on PAI metrics. This includes:
- Norms-based screens - the screening out of securities identified under Fidelity’s existing norms-based screens (as set out below);
- Activity-based screens - the screening out of issuers based on their participation in activities with significant negative impacts on society or the environment, including issuers that are considered to have a ‘Very Severe’ controversy using controversy screens, covering
- environmental issues,
- human rights and communities,
- labour rights and supply chain,
- customers,
- governance; and
	- PAI indicators - quantitative data (where available) on PAI indicators is used to evaluate whether an issuer is involved in activities that cause significant harm to any environmental or social objective.


Principal adverse impacts are the most significant negative impacts of investment decisions on sustainability factors relating to environmental, social and employee matters, respect for human rights, anti- corruption and anti- bribery matters.
How have the indicators for adverse impacts on sustainability factors been taken into account?
For sustainable investments, as set out above, Fidelity undertakes a quantitative evaluation to identify issuers with challenging performance on PAI indicators. Issuers with a low score will be ineligible to be ‘sustainable investments’ unless Fidelity’s fundamental research determines that the issuer is not breaching “do no significant harm” requirements or is on the path to mitigate the adverse impacts through effective management or transition.
How are the sustainable investments aligned with the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights? Details:
Norms-based screens are applied: Issuers identified as failing to behave in a way which meets their fundamental responsibilities in the areas of human rights, labour, environmental and anti-corruption as aligned with international norms including those set out by the OECD Guidelines for Multinational Enterprises, the UN Guiding Principles on Business and Human Rights, the UN Global Compact (UNGC) and the International Labour Organisation (ILO) Conventions, are not considered sustainable investments.
The EU Taxonomy sets out a “do not significant harm” principle by which Taxonomy-aligned investments should not significantly harm EU Taxonomy objectives and is accompanied by specific EU criteria.
The “do no significant harm” principle applies only to those investments underlying the financial product that take into account the EU criteria for environmentally sustainable economic activities. The investments underlying the remaining portion of this financial product do not take into account the EU criteria for environmentally sustainable economic activities.
Any other sustainable investments must also not significantly harm any environmental or social objectives.

###### Does this financial product consider principal adverse impacts on sustainability factors?
Yes
- NoConsideration of the principal adverse impacts on sustainability factors of investment decisions (referred to as principal adverse impacts) is incorporated through a variety of tools, including:
- Due Diligence - analysis of whether impacts on sustainability factors are material and negative.
- ESG rating - Fidelity references ESG ratings which incorporate consideration of material principal adverse impacts such as carbon emissions, employee safety and bribery and corruption, water management and, for sovereign issued securities, ratings used incorporate consideration of material principal adverse impacts such as carbon emissions, social violations and freedom of expression.
- Exclusions - When investing directly in corporate issuers, the fund applies the Exclusions (as defined below) to help mitigate the principal adverse impacts through excluding harmful sectors and prohibiting investment in issuers that breach international standards, such as the UNGC.
- Engagement - Fidelity uses engagement as a tool to better understand principal adverse impacts and, in some circumstances, advocate for mitigating the principal adverse impacts. Fidelity participates in relevant individual and collaborative engagements that target a number of principal adverse impacts (i.e. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Voting - Fidelity’s voting policy includes explicit minimum standards for board gender diversity and engagement with climate change for corporate issuers. Fidelity may also vote to help mitigate principal adverse impacts.
- Quarterly reviews - monitoring of principal adverse impacts through the fund’s quarterly review process.

Fidelity takes into account specific indicators for each sustainability factor when considering whether investments have a principal adverse impact. These indicators are subject to data availability and may evolve with improving data quality and availability.
Information on principal adverse impacts will be available in the annual report of the fund.
The investment strategy guides investment decisions based on factors such as investments objectives and risk tolerance.

######  What investment strategy does this financial product follow?
The fund aims to provide investors with long-term capital growth, primarily through investment in the securities of companies throughout the world, including those in countries considered to be emerging markets and linked to the theme of consumer brands (i.e. companies with intellectual property, pricing power and strong track record of growth). Investments include, but are not be limited to, companies involved in the designing, manufacturing, marketing and/or selling of branded consumer goods and/or services.
The fund is part of the Fidelity Sustainable Family of funds and adopts a Sustainable Thematic strategy under which a minimum of 90% of the fund’s assets will be analysed as to whether they maintain favourable ESG characteristics and A minimum of 70% of the fund’s assets will be invested in securities with favourable ESG characteristics.
Favourable ESG characteristics are determined by reference to ESG ratings provided by external agencies and Fidelity ESG ratings.
Issuers that are not assessed as having favourable ESG characteristics for the purposes of the primary objective (minimum 70% of assets) are eligible for inclusion, with up to 30% of assets, provided they are able to demonstrate that they are on an improving trajectory with respect to their ESG characteristics.
When selecting investments, the fund’s investment universe will be reduced by at least 20% due to the exclusion of issuers on the basis of their ESG characteristics.
In respect of its direct investments, the fund is subject to:
- a firm-wide exclusions list, which includes cluster munitions and anti-personnel landmines, and
- a principle-based screening policy which includes:
	- norms-based screening of issuers which the Investment Manager considers have failed to conduct their business in accordance with international norms, including as set out in the UNGC; and
	- negative screening of certain sectors, issuers or practices based on specific ESG criteria where revenue thresholds may be applied.


The above exclusions and screens (the “Exclusions”) may be updated from time to time. Please refer to the website for further information Sustainable investing framework(fidelityinternational.com).
The Investment Manager also has discretion to implement enhanced, stricter sustainable requirements and exclusions from time to time.
What are the binding elements of the investment strategy used to select the investments to attain each of the environmental or social characteristics promoted by this financial product?
The fund will invest:
- a minimum of 70% of its assets in issuers with favourable ESG characteristics,
- a minimum of 30% in sustainable investments of which 0% have an environmentalobjective (which is aligned with the EU Taxonomy), a minimum of 10% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 5% have a social objective.

A minimum of 90% of the fund’s assets will be analysed as to whether they maintain favourable ESG characteristics. When selecting investments, the fund’s investment universe will be reduced by at least 20% due to the exclusion of issuers on the basis of their ESG characteristics.
In addition, the fund will systematically apply the Exclusions to direct investments as described above.
What is the committed minimum rate to reduce the scope of the investments considered prior to the application of that investment strategy?
When selecting investments, the fund’s investment universe will be reduced by at least 20% due to the exclusion of issuers on the basis of their ESG characteristics.
Good governance practices include sound management structures, employee relations, remuneration of staff and tax compliance.
What is the policy to assess good governance practices of the investee companies?
The governance practices of issuers are assessed using fundamental research, including Fidelity ESG ratings, data regarding controversies and UN Global Compact violations.
Key points that are analysed include track record of capital allocation, financial transparency, related party transactions, board independence and size, executive pay, auditors and internal oversight, minority shareholder rights, among other indicators.

###### What is the asset allocation planned for this financial product?
Asset allocation describes the share of investments in specific assets.
Taxonomy-aligned activities are expressed as a share of:
- turnover reflecting the share of revenue from green activities of investee companies
- capital expenditure (CapEx) showing the green investments made by investee companies,e.g. for a transition to a green economy.

- operational expenditure (OpEx) reflecting green operational activities of investee companies.
(#1 Aligned with E/S characteristics) The fund will invest:
- a minimum of 70% of its assets in securities of issuers with favourable ESG characteristics;
- a minimum of 30% of its assets in sustainable investments (#1A sustainable) of which a minimum of of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 10% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 5% have a social objective. The remaining sustainable investments of the fund may have an environmental or social objective.

(#1B Other E/S characteristics) Includes securities of issuers with favourable ESG characteristics but are not sustainable investments.
How does the use of derivatives attain the environmental or social characteristics promoted by the financial product?
Where the security underlying a derivative has favourable ESG characteristics in accordance with Fidelity's Sustainable Investing Framework, the derivative may be included in determining the proportion of the fund dedicated to promotion of environmental or social characteristics.
To what minimum extent are sustainable investments with an environmental objective aligned with the EU Taxonomy?
The fund invests a minimum of 0% in sustainable investments with an environmental objective aligned with the EU Taxonomy.
The compliance of the investments of the fund with the EU Taxonomy will not be subject to an assurance by auditors or a review by third parties.
The EU Taxonomy alignment of the underlying investments of the fund is measured by turnover.
Does the financial product invest in fossil gas and/or nuclear energy-related activities that comply with the EU Taxonomy¹?
- YesNo
- In fossil gas	In nuclear energyWhat is the minimum share of investments in transitional and enabling activities?

The fund invests a minimum of 0% in transitional activities and a minimum of 0% in enabling activities.
What is the minimum share of sustainable investments with an environmental objective that are not aligned with the EU Taxonomy?
The fund invests a minimum of 10% in sustainable investments with an environmental objective that is not aligned with the EU Taxonomy.
Investments could be aligned with the EU Taxonomy but the Investment Manager is not currently in a position to specify the exact proportion of the fund’s underlying investments which take into account the EU criteria for environmentally sustainable economic activities. However, the position will be kept under review as the underlying rules are finalised and the availability of reliable data increases over time.
¹Fossil gas and/or nuclear related activities will only comply with the EU Taxonomy where they contribute to limiting climate change (“climate change mitigation”) and do not significantly harm any EU Taxonomy objectives - see explanatory note in the left hand margin. The full criteria for fossil gas and nuclear energy economic activities that comply with the EU Taxonomy are laid down in Commission Delegated Regulation (EU) 2022/1214.
What is the minimum share of socially sustainable investments?
The fund invests a minimum of 5% in sustainable investments with a social objective.
What investments are included under “#2 Other”, what is their purpose and are there any minimum environmental or social safeguards?
The remaining investments of the fund may be invested in securities of issuers that are able to demonstrate that they are on an improving trajectory with respect to their ESG characteristics, as well as cash and cash equivalents for liquidity purposes and derivatives which may be used for investment and efficient portfolio management.
As a minimum environmental and social safeguard, the fund will adhere to the Exclusions.

###### Is a specific index designated as a reference benchmark to determine whether this financial product is aligned with the environmental and/or social characteristics that it promotes?
An index has not been designated as a reference benchmark to determine whether this financial product is aligned with the environmental or social characteristics that it promotes.
Reference benchmarks are indexes to measure whether the financial product attains the environmental or social characteristics that they promote.
How is the reference benchmark continuously aligned with each of the environmental or social characteristics promoted by the financial product?
This question is not applicable.
How is the alignment of the investment strategy with the methodology of the index ensured on a continuous basis?
This question is not applicable.
How does the designated index differ from a relevant broad market index?
This question is not applicable.
Where can the methodology used for the calculation of the designated index be found?
This question is not applicable.

###### 	Where can I find more product specific information online?
More product-specific information can be found on the website: https:/www.fidelity.lu/funds/factsheet/LU1805238125/tab-disclosure#SFDR-disclosure. 
Further information on the methodologies set out herein is available on the website: Sustainable investing framework (fidelityinternational.com).
Pre-contractual disclosure for the financial products referred to in Article 9, paragraphs 1 to 4a, of Regulation (EU) 2019/2088 and Article 5, first paragraph, of Regulation (EU) 2020/852
Product name:	Legal entity identifier:
Fidelity Funds - Sustainable Climate Solutions Fund	254900B74W1FPUZXHK46

###### Sustainable investment objective
| Does this financial product have a sustainable investment objective? |
| --- |
|  | Yes |  | - No
 |
| It will make a minimum of sustainable investments with an environmental objective: 31% in economic activities that qualify as environmentally sustainable under the EU Taxonomy in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy It will make a minimum of sustainable investments with a social objective: 3% | - It promotes Environmental/Social (E/S) characteristics and while it does not have as its objective a sustainable investment, it will have a minimum proportion of % of sustainable investments
	- with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomy
	- with an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
	- with a social objective

- It promotes E/S characteristics, but will not make any sustainable investments
 |

Sustainability indicators measure how the sustainable objectives of this financial product are attained.
What is the sustainable investment objective of this financial product? 
The fund aims to achieve capital growth over the long term by investing in sustainable investments.
The fund determines a sustainable investment as follows:
- issuers that undertake economic activities that contribute to one or more of the environmental objectives set out in the EU Taxonomy and qualify as environmentally sustainable in accordance with EU Taxonomy; or
- issuers whereby the majority of their business activities (more than 50% of revenue) contribute to environmental or social objectives aligned with one or more of the United Nations Sustainable Development Goals (“SDGs”); or
- issuers which have set a decarbonisation target consistent with a 1.5 degree warming scenario or lower (verified by the Science Based Target Initiative or a Fidelity Proprietary Climate Rating) which would be considered to contribute to environmental objectives; provided they do no significant harm, meet minimum safeguards and good governance criteria.

The investment manager selects issuers based on the contribution of their economic activities to environmental or social objectives.
No reference benchmark has been designated for the purpose of attaining the sustainable investment objective.
What sustainability indicators are used to measure the attainment of the sustainable investment objective of this financial product?
The fund uses the following sustainability indicators in order to measure the sustainable investment objective is met:
- the percentage of the fund invested in sustainable investments;
- the percentage of the fund invested in sustainable investments with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomy;
- the percentage of the fund invested in sustainable investments with an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy;
- the percentage of the fund invested in sustainable investments with a social objective; and
- the percentage of the fund with exposure to investments that undertake activities that are excluded in accordance with the Exclusions (defined below).

How do sustainable investments not cause significant harm to any environmental or social sustainable investment objective?
Sustainable investments are screened for involvement in activities that cause significant harm and controversies, assessed through a check that the issuer meets minimum safeguards and standards that relate to principal adverse impacts (PAIs) as well as performance on PAI metrics. This includes:
- Norms-based screens - the screening out of securities identified under Fidelity’s existing norms-based screens (as set out below);
- Activity-based screens - the screening out of issuers based on their participation in activities with significant negative impacts on society or the environment, including issuers that are considered to have a ‘Very Severe’ controversy using controversy screens, covering
- environmental issues,
- human rights and communities,
- labour rights and supply chain,
- customers,
- governance; and
	- PAI indicators - quantitative data (where available) on PAI indicators is used to evaluate whether an issuer is involved in activities that cause significant harm to any environmental or social objective.


Principal adverse impacts are the most significant negative impacts of investment decisions on sustainability factors relating to environmental, social and employee matters, respect for human rights, anti- corruption and anti- bribery matters.
How have the indicators for adverse impacts on sustainability factors been taken into account?
As set out above, Fidelity undertakes a quantitative evaluation to identify issuers with challenging performance on PAI indicators. Issuers with a low score will be ineligible to be ‘sustainable investments’ unless Fidelity’s fundamental research determines that the issuer is not breaching “do no significant harm” requirements, or is on the path to mitigate the adverse impacts through effective management or transition.
How are the sustainable investments aligned with the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights?
Norms-based screens are applied: Issuers identified as failing to behave in a way which meets their fundamental responsibilities in the areas of human rights, labour, environmental and anti-corruption as aligned with international norms including those set out by the OECD Guidelines for Multinational Enterprises, the UN Guiding Principles on Business and Human Rights, the UN Global Compact (UNGC) and the International Labour Organisation (ILO) Conventions, are not considered sustainable investments.

###### Does this financial product consider principal adverse impacts on sustainability factors?
Yes
- NoConsideration of the principal adverse impacts on sustainability factors of investment decisions (referred to as principal adverse impacts) is incorporated through a variety of tools, including:
- Due Diligence - analysis of whether impacts on sustainability factors are material and negative.
- ESG rating - Fidelity references ESG ratings which incorporate consideration of material principal adverse impacts such as carbon emissions, employee safety and bribery and corruption, water management and, for sovereign issued securities, ratings used incorporate consideration of material principal adverse impacts such as carbon emissions, social violations and freedom of expression.
- Exclusions - When investing directly in corporate issuers, the fund applies the Exclusions (as defined below) to help mitigate the principal adverse impacts through excluding harmful sectors and prohibiting investment in issuers that breach international standards, such as the UNGC.
- Engagement - Fidelity uses engagement as a tool to better understand principal adverse impacts and, in some circumstances, advocate for mitigating the principal adverse impacts. Fidelity participates in relevant individual and collaborative engagements that target a number of principal adverse impacts (i.e. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Voting - Fidelity’s voting policy includes explicit minimum standards for board gender diversity and engagement with climate change for corporate issuers. Fidelity may also vote to help mitigate principal adverse impacts.
- Quarterly reviews - monitoring of principal adverse impacts through the fund’s quarterly review process.

Fidelity takes into account specific indicators for each sustainability factor when considering whether investments have a principal adverse impact. These indicators are subject to data availability and may evolve with improving data quality and availability.
Information on principal adverse impacts will be available in the annual report of the fund.

###### What investment strategy does this financial product follow?
The investment strategy guides investment decisions based on factors such as investments objectives and risk tolerance.
The fund is part of the Fidelity Sustainable Family of funds and adopts a Sustainable Thematic strategy. The fund aims to achieve capital growth over the long term by pursuing sustainable investments.
The fund invests at least 70% of its assets in equities of companies. The fund aims to invest in companies which are enabling global decarbonisation via technologies and solutions which materially reduce greenhouse gas (CO2 eq) emissions versus incumbent technologies.
In actively managing the fund, the Investment Manager identifies investment ideas, relying on a combination of Fidelity’s research, third-party research, inputs from quantitative screens and company meetings to help narrow the investment universe. Stock research and selection focuses on assessing the ESG profile and SDG alignment fundamentals through rigorous bottom-up financial analysis and valuation to select stocks with strong investment return potential.
The investment manager aims to be an active owner and engage with companies held within the fund to influence positive change.
Key components of the investment strategy are:
- sustainable investments; A minimum of 80% of the assets will be sustainable investments.
- Investing in companies which are enabling global decarbonisation via technologies and solutions which materially reduce greenhouse gas (CO2 eq) emissions versus incumbent technologies.
- Do No Significant Harm; The fund applies the “do no significant harm” criteria, as set out above, to all direct investments held within the fund.
- Minimum safeguards; The fund excludes direct investments that fail to conduct their business in accordance with accepted international norms, including as set out by OECD Guidelines for Multinational Enterprises, the UN Guiding Principles on Business and Human Rights, UN Global Compact (UNGC) and the International Labour Organisation (ILO) Conventions.
- Good governance; All investee companies in the fund will be screened for controversies, including tax and bribery and corruption screenings.
- Exclusions; In respect of its direct investments, the fund is subject to:
	- a firm-wide exclusions list, which includes cluster munitions and anti-personnel landmines; and
	- a principal-based screening policy which includes:
		- norms-based screening of issuers which the investment manager considers have failed to conduct their business in accordance with international norms, including as set out in the UNGC; and
		- negative screening of certain sectors, companies or practices based on specific ESG criteria where revenue thresholds may be applied.



The investment manager has discretion to implement sustainable requirements and exclusions having regard to their applicable investment process from time to time.
The above exclusions and screens (the “Exclusions”) may be updated from time to time. Please refer to the website for further information Sustainable investing framework(fidelityinternational.com).
In addition to the above, the fund assesses the ESG ratings (either based on external ratings or the Fidelity ESG ratings) of at least 90% of the fund’s assets and the fund’s investment universe will be reduced by at least 20% due to the exclusion of issuers on the basis of their ESG characteristics.
What are the binding elements of the investment strategy used to select the investments to attain the sustainable investment objective?
The fund will invest a minimum of 80% of its assets in sustainable investments of which a minimum of 1% have an environmental objective which is aligned with the EU Taxonomy, a minimum of 30% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 3% have a social objective;
provided that such investments do not significantly harm any of those objectives and that investee companies follow good governance practices.
In attaining the sustainable investment objective, the fund commits to selecting companies whose economic activity contributes to an environmental or social objective as described in the investment strategy section above.
In addition to the above, the fund assesses the ESG ratings (either based on external ratings or the Fidelity ESG ratings) of at least 90% of the fund’s assets and the fund’s investment universe will be reduced by at least 20% due to the exclusion of issuers on the basis of their ESG characteristics.
The fund will systematically apply the Exclusions as described above.
Good governance practices include sound management structures, employee relations, remuneration of staff and tax compliance.
What is the policy to assess good governance practices of the investee companies?
All investee companies will be screened for controversies, including tax,bribery and corruption screenings, to help meet good governance requirements for investee companies. In addition to these screens, governance practices of issuers are assessed using fundamental research.
Key points that are analysed include track record of capital allocation, financial transparency, related party transactions, board independence and size, executive pay, auditors and internal oversight, minority shareholder rights, among other indicators.

###### What is the asset allocation and the minimum share of sustainable investments?
Asset allocation describes the share of investments in specific assets.
Taxonomy-aligned activities are expressed as a share of:
- turnover reflecting the share of revenue from green activities of investee companies
- capital expenditure (CapEx) showing the green investments made by investee companies,e.g. for a transition to a green economy.

- operational expenditure (OpEx) reflecting green operational activities of investee companies.
(#1 Sustainable) The fund will invest a minimum of 80% of its net assets in sustainable investments of which a minimum of 1% have an environmental objective which is aligned with the EU Taxonomy, a minimum of 30% will have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 3% will have a social objective. The remaining sustainable investments of the fund may have an environmental or social objective.
How does the use of derivatives attain the sustainable investment objective?
Where the underlying security upon which a derivative is based is deemed to contributes to the sustainable objective of the fund, derivatives may be used to contribute to the attainment of the sustainable investment objective.
To what minimum extent are sustainable investments with an environmental objective aligned with the EU Taxonomy?
The fund invests a minimum of 1% in sustainable investments with an environmental objective aligned with the EU Taxonomy.
The compliance of the investments of the fund with the EU Taxonomy will not be subject to an assurance by auditors or a review by third parties.
The EU Taxonomy alignment of the underlying investments of the fund is measured by turnover.
Does the financial product invest in fossil gas and/or nuclear energy-related activities that comply with the EU Taxonomy¹?
- YesNo
- In fossil gas	In nuclear energyWhat is the minimum share of investments in transitional and enabling activities?

The fund invests a minimum of 0% in transitional activities and a minimum of 0% in enabling activities.
What is the minimum share of sustainable investments with an environmental objective that are not aligned with the EU Taxonomy?
The fund invests a minimum of 30% in sustainable investments with an environmental objective that is not aligned with the EU Taxonomy.
Investments could be aligned with the EU Taxonomy but the Investment Manager is not currently in a position to specify the exact proportion of the fund’s underlying investments which take into account the EU criteria for environmentally sustainable economic activities. However, the position will be kept under review as the underlying rules are finalised and the availability of reliable data increases over time.
¹Fossil gas and/or nuclear related activities will only comply with the EU Taxonomy where they contribute to limiting climate change (“climate change mitigation”) and do not significantly harm any EU Taxonomy objectives - see explanatory note in the left hand margin. The full criteria for fossil gas and nuclear energy economic activities that comply with the EU Taxonomy are laid down in Commission Delegated Regulation (EU) 2022/1214.
What is the minimum share of sustainable investments with a social objective?
The fund invests a minimum of 3% in sustainable investments with a social objective.
What investments are included under “#2 Not sustainable”, what is their purpose and are there any minimum environmental or social safeguards?
Investments included under “#2 Not sustainable” may include cash, money market instruments, investments used for hedging and efficient portfolio management purposes.
In addition, all direct investments of the fund must adhere to the Exclusions, do no significant harm to environmental or social objectives, have good governance practices and must not affect the delivery of the sustainable investment objective.

###### Is a specific index designated as a reference benchmark to meet the sustainable investment objective?
An index has not been designated as a reference benchmark to meet the sustainable investment objective.
Reference benchmarks are indexes to measure whether the financial product attains the sustainable investment objective.
How does the reference benchmark take into account sustainability factors in a way that is continuously aligned with the sustainable investment objective?
This question is not applicable.
How is the alignment of the investment strategy with the methodology of the index ensured on a continuous basis?
This question is not applicable.
How does the designated index differ from a relevant broad market index?
This question is not applicable.
Where can the methodology used for the calculation of the designated index be found?
This question is not applicable.

###### 	Where can I find more product specific information online?
More product-specific information can be found on the website: https:/www.fidelity.lu/funds/factsheet/LU2376061086/tab-disclosure#SFDR-disclosure. 
Further information on the methodologies set out herein is available on the website: Sustainable investing framework (fidelityinternational.com).
Pre-contractual disclosure for the financial products referred to in Article 8, paragraphs 1, 2 and 2a, of Regulation (EU) 2019/2088 and Article 6, first paragraph, of Regulation (EU) 2020/852
Product name:	Legal entity identifier:
Fidelity Funds - Sustainable Demographics Fund	549300RRAN0KBNO4IG54

###### Environmental and/or social characteristics
| Does this financial product have a sustainable investment objective? |
| --- |
|  | - Yes
 |  | No |
| - It will make a minimum of sustainable investments with an environmental objective:%
- in economic activities that qualify as environmentally sustainable under the EU Taxonomy
- in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
- It will make a minimum of sustainable investments with a social objective:%
 | It promotes Environmental/Social (E/S) characteristics and while it does not have as its objective a sustainable investment, it will have a minimum proportion of 35% of sustainable investments - with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomywith an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomywith a social objective
- It promotes E/S characteristics, but will not make any sustainable investments
 |

What environmental and/or social characteristics are promoted by this financial product?
Sustainability indicators measure how the environmental or social characteristics promoted by the financial product are attained.
The fund promotes environmental and social characteristics by investing in securities of issuers with favourable ESG characteristics. Favourable ESG characteristics are determined by reference to ESG ratings.
The fund invests in equity securities of companies throughout the world that are able to benefit from demographics changes. Investments will include, but are not limited to, health care and consumer industries companies that stand to benefit from the effects of rising life expectancy, expanding middle class and population growth.
The fund partially intends to make sustainable investments.
No reference benchmark has been designated for the purpose of attaining the environmental and social characteristics promoted.
What sustainability indicators are used to measure the attainment of each of the environmental or social characteristics promoted by this financial product?
The fund uses the following sustainability indicators in order to measure the attainment of the environmental or social characteristics that it promotes:
- the percentage of the fund invested in securities of issuers having favourable ESG characteristics in accordance with Fidelity’s Sustainable Investing Framework;
- the percentage of the fund invested in securities of issuers with exposure to the Exclusions (defined below);
- the percentage of the fund invested in sustainable investments;
- the percentage of the fund invested in sustainable investments with an environmental objective in economic activities (that do not qualify as environmentally sustainable under the EU Taxonomy); and
- the percentage of the fund invested in sustainable investments with a social objective.

What are the objectives of the sustainable investments that the financial product partially intends to make and how does the sustainable investment contribute to such objectives?
The fund determines a sustainable investment as follows:
- issuers that undertake economic activities that contribute to one or more of the environmental objectives set out in the EU Taxonomy and qualify as environmentally sustainable in accordance with EU Taxonomy; or
- issuers whereby the majority of their business activities (more than 50% of revenue) contribute to environmental or social objectives aligned with one or more of the United Nations Sustainable Development Goals (“SDGs”); or
- issuers which have set a decarbonisation target consistent with a 1.5 degree warming scenario or lower (verified by the Science Based Target Initiative or a Fidelity Proprietary Climate Rating) which would be considered to contribute to environmental objectives;provided they do no significant harm, meet minimum safeguards and good governance criteria.

How do the sustainable investments that the financial product partially intends to make, not cause significant harm to any environmental or social sustainable investment objective?
Sustainable investments are screened for involvement in activities that cause significant harm and controversies, assessed through a check that the issuer meets minimum safeguards and standards that relate to principal adverse impacts (PAIs) as well as performance on PAI metrics. This includes:
- Norms-based screens - the screening out of securities identified under Fidelity’s existing norms-based screens (as set out below);
- Activity-based screens - the screening out of issuers based on their participation in activities with significant negative impacts on society or the environment, including issuers that are considered to have a ‘Very Severe’ controversy using controversy screens, covering
- environmental issues,
- human rights and communities,
- labour rights and supply chain,
- customers,
- governance; and
	- PAI indicators - quantitative data (where available) on PAI indicators is used to evaluate whether an issuer is involved in activities that cause significant harm to any environmental or social objective.


Principal adverse impacts are the most significant negative impacts of investment decisions on sustainability factors relating to environmental, social and employee matters, respect for human rights, anti- corruption and anti- bribery matters.
How have the indicators for adverse impacts on sustainability factors been taken into account?
For sustainable investments, as set out above, Fidelity undertakes a quantitative evaluation to identify issuers with challenging performance on PAI indicators. Issuers with a low score will be ineligible to be ‘sustainable investments’ unless Fidelity’s fundamental research determines that the issuer is not breaching “do no significant harm” requirements or is on the path to mitigate the adverse impacts through effective management or transition.
How are the sustainable investments aligned with the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights? Details:
Norms-based screens are applied: Issuers identified as failing to behave in a way which meets their fundamental responsibilities in the areas of human rights, labour, environmental and anti-corruption as aligned with international norms including those set out by the OECD Guidelines for Multinational Enterprises, the UN Guiding Principles on Business and Human Rights, the UN Global Compact (UNGC) and the International Labour Organisation (ILO) Conventions, are not considered sustainable investments.
The EU Taxonomy sets out a “do not significant harm” principle by which Taxonomy-aligned investments should not significantly harm EU Taxonomy objectives and is accompanied by specific EU criteria.
The “do no significant harm” principle applies only to those investments underlying the financial product that take into account the EU criteria for environmentally sustainable economic activities. The investments underlying the remaining portion of this financial product do not take into account the EU criteria for environmentally sustainable economic activities.
Any other sustainable investments must also not significantly harm any environmental or social objectives.

###### Does this financial product consider principal adverse impacts on sustainability factors?
Yes
- NoConsideration of the principal adverse impacts on sustainability factors of investment decisions (referred to as principal adverse impacts) is incorporated through a variety of tools, including:
- Due Diligence - analysis of whether impacts on sustainability factors are material and negative.
- ESG rating - Fidelity references ESG ratings which incorporate consideration of material principal adverse impacts such as carbon emissions, employee safety and bribery and corruption, water management and, for sovereign issued securities, ratings used incorporate consideration of material principal adverse impacts such as carbon emissions, social violations and freedom of expression.
- Exclusions - When investing directly in corporate issuers, the fund applies the Exclusions (as defined below) to help mitigate the principal adverse impacts through excluding harmful sectors and prohibiting investment in issuers that breach international standards, such as the UNGC.
- Engagement - Fidelity uses engagement as a tool to better understand principal adverse impacts and, in some circumstances, advocate for mitigating the principal adverse impacts. Fidelity participates in relevant individual and collaborative engagements that target a number of principal adverse impacts (i.e. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Voting - Fidelity’s voting policy includes explicit minimum standards for board gender diversity and engagement with climate change for corporate issuers. Fidelity may also vote to help mitigate principal adverse impacts.
- Quarterly reviews - monitoring of principal adverse impacts through the fund’s quarterly review process.

Fidelity takes into account specific indicators for each sustainability factor when considering whether investments have a principal adverse impact. These indicators are subject to data availability and may evolve with improving data quality and availability.
Information on principal adverse impacts will be available in the annual report of the fund.
The investment strategy guides investment decisions based on factors such as investments objectives and risk tolerance.

######  What investment strategy does this financial product follow?
The fund employs a primarily ‘thematic’ investment strategy to achieve its investment objectives, which includes investing in companies exposed to demographic trends to drive attractive returns over time. These are rising life expetancy, expanding middle class and population growth. An assessment of companies fondumental and sustainability credentials is conducted as part of the process.
As part of the research process, environmental and social governance are considered. The factors considered relevant will vary between different companies and industries, and are integrated into investment decisions.
The fund is part of the Fidelity Sustainable Family of funds and adopts a Sustainable Thematic strategy under which a minimum of 90% of the fund’s assets will be analysed as to whether they maintain favourable ESG characteristics and A minimum of 70% of the fund’s assets will be invested in securities with favourable ESG characteristics.
Favourable ESG characteristics are determined by reference to ESG ratings provided by external agencies and Fidelity ESG ratings.
Issuers that are not assessed as having favourable ESG characteristics for the purposes of the primary objective (minimum 70% of assets) are eligible for inclusion, with up to 30% of assets, provided they are able to demonstrate that they are on an improving trajectory with respect to their ESG characteristics.
When selecting investments, the fund’s investment universe will be reduced by at least 20% due to the exclusion of issuers on the basis of their ESG characteristics.
In respect of its direct investments, the fund is subject to:
- a firm-wide exclusions list, which includes cluster munitions and anti-personnel landmines, and
- a principle-based screening policy which includes:
	- norms-based screening of issuers which the Investment Manager considers have failed to conduct their business in accordance with international norms, including as set out in the UNGC; and
	- negative screening of certain sectors, issuers or practices based on specific ESG criteria where revenue thresholds may be applied.


The above exclusions and screens (the “Exclusions”) may be updated from time to time. Please refer to the website for further information Sustainable investing framework(fidelityinternational.com).
The Investment Manager also has discretion to implement enhanced, stricter sustainable requirements and exclusions from time to time.
What are the binding elements of the investment strategy used to select the investments to attain each of the environmental or social characteristics promoted by this financial product?
The fund will invest:
(i) a minimum of 70% of its assets in issuers with favourable ESG characteristics, including a minimum of 35% in sustainable investments of which 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 5% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 15% have a social objective.
A minimum of 90% of the fund’s assets will be analysed as to whether they maintain favourable ESG characteristics. When selecting investments, the fund’s investment universe will be reduced by at least 20% due to the exclusion of issuers on the basis of their ESG characteristics.
In addition, the fund will systematically apply the Exclusions as described above.
What is the committed minimum rate to reduce the scope of the investments considered prior to the application of that investment strategy?
When selecting investments, the fund’s investment universe will be reduced by at least 20% due to the exclusion of issuers on the basis of their ESG characteristics.
Good governance practices include sound management structures, employee relations, remuneration of staff and tax compliance.
What is the policy to assess good governance practices of the investee companies?
The governance practices of issuers are assessed using fundamental research, including Fidelity ESG ratings, data regarding controversies and UN Global Compact violations.
Key points that are analysed include track record of capital allocation, financial transparency, related party transactions, board independence and size, executive pay, auditors and internal oversight, minority shareholder rights, among other indicators.

###### What is the asset allocation planned for this financial product?
Asset allocation describes the share of investments in specific assets.
Taxonomy-aligned activities are expressed as a share of:
- turnover reflecting the share of revenue from green activities of investee companies
- capital expenditure (CapEx) showing the green investments made by investee companies,e.g. for a transition to a green economy.

- operational expenditure (OpEx) reflecting green operational activities of investee companies.
(#1 Aligned with E/S characteristics) The fund will invest:
- a minimum of 70% of its assets in securities of issuers with favourable ESG characteristics;
- a minimum of 35% of its assets in sustainable investments (#1A sustainable) of which a minimum of of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 5% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 15% have a social objective. The remaining sustainable investments of the fund may have an environmental or social objective.

(#1B Other E/S characteristics) Includes securities of issuers with favourable ESG characteristics but are not sustainable investments.
How does the use of derivatives attain the environmental or social characteristics promoted by the financial product?
Where the security underlying a derivative has favourable ESG characteristics in accordance with Fidelity's Sustainable Investing Framework, the derivative may be included in determining the proportion of the fund dedicated to promotion of environmental or social characteristics.
To what minimum extent are sustainable investments with an environmental objective aligned with the EU Taxonomy?
The fund invests a minimum of 0% in sustainable investments with an environmental objective aligned with the EU Taxonomy.
The compliance of the investments of the fund with the EU Taxonomy will not be subject to an assurance by auditors or a review by third parties.
The EU Taxonomy alignment of the underlying investments of the fund is measured by turnover.
Does the financial product invest in fossil gas and/or nuclear energy-related activities that comply with the EU Taxonomy¹?
- YesNo
- In fossil gas	In nuclear energyWhat is the minimum share of investments in transitional and enabling activities?

The fund invests a minimum of 0% in transitional activities and a minimum of 0% in enabling activities.
What is the minimum share of sustainable investments with an environmental objective that are not aligned with the EU Taxonomy?
The fund invests a minimum of 5% in sustainable investments with an environmental objective that is not aligned with the EU Taxonomy.
Investments could be aligned with the EU Taxonomy but the Investment Manager is not currently in a position to specify the exact proportion of the fund’s underlying investments which take into account the EU criteria for environmentally sustainable economic activities. However, the position will be kept under review as the underlying rules are finalised and the availability of reliable data increases over time.
¹Fossil gas and/or nuclear related activities will only comply with the EU Taxonomy where they contribute to limiting climate change (“climate change mitigation”) and do not significantly harm any EU Taxonomy objectives - see explanatory note in the left hand margin. The full criteria for fossil gas and nuclear energy economic activities that comply with the EU Taxonomy are laid down in Commission Delegated Regulation (EU) 2022/1214.
What is the minimum share of socially sustainable investments?
The fund invests a minimum of 15% in sustainable investments with a social objective.
What investments are included under “#2 Other”, what is their purpose and are there any minimum environmental or social safeguards?
The remaining investments of the fund may be invested in securities of issuers that are able to demonstrate that they are on an improving trajectory with respect to their ESG characteristics, as well as cash and cash equivalents for liquidity purposes and derivatives which may be used for investment and efficient portfolio management.
As a minimum environmental and social safeguard, the fund will adhere to the Exclusions.

###### Is a specific index designated as a reference benchmark to determine whether this financial product is aligned with the environmental and/or social characteristics that it promotes?
An index has not been designated as a reference benchmark to determine whether this financial product is aligned with the environmental or social characteristics that it promotes.
Reference benchmarks are indexes to measure whether the financial product attains the environmental or social characteristics that they promote.
How is the reference benchmark continuously aligned with each of the environmental or social characteristics promoted by the financial product?
This question is not applicable.
How is the alignment of the investment strategy with the methodology of the index ensured on a continuous basis?
This question is not applicable.
How does the designated index differ from a relevant broad market index?
This question is not applicable.
Where can the methodology used for the calculation of the designated index be found?
This question is not applicable.

###### 	Where can I find more product specific information online?
More product-specific information can be found on the website: https:/www.fidelity.lu/funds/factsheet/LU0528227936/tab-disclosure#SFDR-disclosure. 
Further information on the methodologies set out herein is available on the website: Sustainable investing framework (fidelityinternational.com).
Pre-contractual disclosure for the financial products referred to in Article 8, paragraphs 1, 2 and 2a, of Regulation (EU) 2019/2088 and Article 6, first paragraph, of Regulation (EU) 2020/852
Product name:	Legal entity identifier:
Fidelity Funds - Sustainable Future Connectivity Fund	2549000BDP4X7X1C9A86

###### Environmental and/or social characteristics
| Does this financial product have a sustainable investment objective? |
| --- |
|  | - Yes
 |  | No |
| - It will make a minimum of sustainable investments with an environmental objective:%
- in economic activities that qualify as environmentally sustainable under the EU Taxonomy
- in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
- It will make a minimum of sustainable investments with a social objective:%
 | It promotes Environmental/Social (E/S) characteristics and while it does not have as its objective a sustainable investment, it will have a minimum proportion of 20% of sustainable investments - with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomywith an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomywith a social objective
- It promotes E/S characteristics, but will not make any sustainable investments
 |

What environmental and/or social characteristics are promoted by this financial product?
Sustainability indicators measure how the environmental or social characteristics promoted by the financial product are attained.
The fund promotes environmental and social characteristics by investing in securities of issuers with favourable ESG characteristics. Favourable ESG characteristics are determined by reference to ESG ratings.
The fund invests in the equity securities of companies throughout the world, that are linked to the theme of future connectivity (the enablers, networks and beneficiaries of next generation communications). Investments may be made in companies that are involved in the roll out of cellular networks, wired networks, internet infrastructure and online content production.
The fund partially intends to make sustainable investments.
No reference benchmark has been designated for the purpose of attaining the environmental and social characteristics promoted.
What sustainability indicators are used to measure the attainment of each of the environmental or social characteristics promoted by this financial product?
The fund uses the following sustainability indicators in order to measure the attainment of the environmental or social characteristics that it promotes:
- the percentage of the fund invested in securities of issuers having favourable ESG characteristics in accordance with Fidelity’s Sustainable Investing Framework;
- the percentage of the fund invested in securities of issuers with exposure to the Exclusions (defined below);
- the percentage of the fund invested in sustainable investments;
- the percentage of the fund invested in sustainable investments with an environmental objective in economic activities (that do not qualify as environmentally sustainable under the EU Taxonomy); and
- the percentage of the fund invested in sustainable investments with a social objective.

What are the objectives of the sustainable investments that the financial product partially intends to make and how does the sustainable investment contribute to such objectives?
The fund determines a sustainable investment as follows:
- issuers that undertake economic activities that contribute to one or more of the environmental objectives set out in the EU Taxonomy and qualify as environmentally sustainable in accordance with EU Taxonomy; or
- issuers whereby the majority of their business activities (more than 50% of revenue) contribute to environmental or social objectives aligned with one or more of the United Nations Sustainable Development Goals (“SDGs”); or
- issuers which have set a decarbonisation target consistent with a 1.5 degree warming scenario or lower (verified by the Science Based Target Initiative or a Fidelity Proprietary Climate Rating) which would be considered to contribute to environmental objectives;provided they do no significant harm, meet minimum safeguards and good governance criteria.

How do the sustainable investments that the financial product partially intends to make, not cause significant harm to any environmental or social sustainable investment objective?
Sustainable investments are screened for involvement in activities that cause significant harm and controversies, assessed through a check that the issuer meets minimum safeguards and standards that relate to principal adverse impacts (PAIs) as well as for performance on PAI metrics. This includes:
- Norms-based screens - the screening out of securities identified under Fidelity’s existing norms-based screens (as set out below);
- Activity-based screens - the screening out of issuers based on their participation in activities with significant negative impacts on society or the environment, including issuers that are considered to have a ‘Very Severe’ controversy using controversy screens, covering
- environmental issues,
- human rights and communities,
- labour rights and supply chain,
- customers,
- governance; and
	- PAI indicators - quantitative data (where available) on PAI indicators is used to evaluate whether an issuer is involved in activities that cause significant harm to any environmental or social objective.


Principal adverse impacts are the most significant negative impacts of investment decisions on sustainability factors relating to environmental, social and employee matters, respect for human rights, anti- corruption and anti- bribery matters.
How have the indicators for adverse impacts on sustainability factors been taken into account?
For sustainable investments, as set out above, Fidelity undertakes a quantitative evaluation to identify issuers with challenging performance on PAI indicators. Issuers with a low score will be ineligible to be ‘sustainable investments’ unless Fidelity’s fundamental research determines that the issuer is not breaching “do no significant harm” requirements or is on the path to mitigate the adverse impacts through effective management or transition.
How are the sustainable investments aligned with the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights? Details:
Norms-based screens are applied: Issuers identified as failing to behave in a way which meets their fundamental responsibilities in the areas of human rights, labour, environmental and anti-corruption as aligned with international norms including those set out by the OECD Guidelines for Multinational Enterprises, the UN Guiding Principles on Business and Human Rights, the UN Global Compact (UNGC) and the International Labour Organisation (ILO) Conventions, are not considered sustainable investments.
The EU Taxonomy sets out a “do not significant harm” principle by which Taxonomy-aligned investments should not significantly harm EU Taxonomy objectives and is accompanied by specific EU criteria.
The “do no significant harm” principle applies only to those investments underlying the financial product that take into account the EU criteria for environmentally sustainable economic activities. The investments underlying the remaining portion of this financial product do not take into account the EU criteria for environmentally sustainable economic activities.
Any other sustainable investments must also not significantly harm any environmental or social objectives.

###### Does this financial product consider principal adverse impacts on sustainability factors?
Yes
- NoConsideration of the principal adverse impacts on sustainability factors of investment decisions (referred to as principal adverse impacts) is incorporated through a variety of tools, including:
- Due Diligence - analysis of whether impacts on sustainability factors are material and negative.
- ESG rating - Fidelity references ESG ratings which incorporate consideration of material principal adverse impacts such as carbon emissions, employee safety and bribery and corruption, water management and, for sovereign issued securities, ratings used incorporate consideration of material principal adverse impacts such as carbon emissions, social violations and freedom of expression.
- Exclusions - When investing directly in corporate issuers, the fund applies the Exclusions (as defined below) to help mitigate the principal adverse impacts through excluding harmful sectors and prohibiting investment in issuers that breach international standards, such as the UNGC.
- Engagement - Fidelity uses engagement as a tool to better understand principal adverse impacts and, in some circumstances, advocate for mitigating the principal adverse impacts. Fidelity participates in relevant individual and collaborative engagements that target a number of principal adverse impacts (i.e. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Voting - Fidelity’s voting policy includes explicit minimum standards for board gender diversity and engagement with climate change for corporate issuers. Fidelity may also vote to help mitigate principal adverse impacts.
- Quarterly reviews - monitoring of principal adverse impacts through the fund’s quarterly review process.

Fidelity takes into account specific indicators for each sustainability factor when considering whether investments have a principal adverse impact. These indicators are subject to data availability and may evolve with improving data quality and availability.
Information on principal adverse impacts will be available in the annual report of the fund.
The investment strategy guides investment decisions based on factors such as investments objectives and risk tolerance.

######  What investment strategy does this financial product follow?
The fund employs a primarily ‘thematic’ investment strategy to achieve its investment objectives, which includes investing in economic themes that are expected to contribute to a sustainable economy. In addition to theme selection, fundamental research is conducted on individual issuers. As part of the research process, environmental and social governance are considered. The factors considered relevant will vary between different issuers and industries and are integrated into investment decisions.
The fund aims to provide investors with long-term capital growth, primarily through investment in the securities of companies throughout the world, including those in countries considered to be emerging markets and linked to the theme of future connectivity (the enablers, networks and beneficiaries of next generation communications).
Investments will include, but will not be limited to, companies that are involved in the roll out of cellular networks, wired networks, internet infrastructure, online content production.
The fund is part of the Fidelity Sustainable Family of funds and adopts a Sustainable Thematic strategy under which a minimum of 90% of the fund’s assets will be analysed as to whether they maintain favourable ESG characteristics and A minimum of 70% of the fund’s assets will be invested in securities with favourable ESG characteristics.
Favourable ESG characteristics are determined by reference to ESG ratings provided by external agencies and Fidelity ESG ratings.
Issuers that are not assessed as having favourable ESG characteristics for the purposes of the primary objective (minimum 70% of assets) are eligible for inclusion, with up to 30% of assets, provided they are able to demonstrate that they are on an improving trajectory with respect to their ESG characteristics.
When selecting investments, the fund’s investment universe will be reduced by at least 20% due to the exclusion of issuers on the basis of their ESG characteristics.
In respect of its direct investments, the fund is subject to:
- a firm-wide exclusions list, which includes cluster munitions and anti-personnel landmines, and
- a principle-based screening policy which includes:
	- norms-based screening of issuers which the Investment Manager considers have failed to conduct their business in accordance with international norms, including as set out in the UNGC; and
	- negative screening of certain sectors, issuers or practices based on specific ESG criteria where revenue thresholds may be applied.


The above exclusions and screens (the “Exclusions”) may be updated from time to time. Please refer to the website for further information Sustainable investing framework(fidelityinternational.com).
The Investment Manager also has discretion to implement enhanced, stricter sustainable requirements and exclusions from time to time.
What are the binding elements of the investment strategy used to select the investments to attain each of the environmental or social characteristics promoted by this financial product?
The fund will invest:
- a minimum of 70% of its assets in issuers with favourable ESG characteristics,
- a minimum of 20% in sustainable investments of which 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 5% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 1% have a social objective.

A minimum of 90% of the fund’s assets will be analysed as to whether they maintain favourable ESG characteristics. When selecting investments, the fund’s investment universe will be reduced by at least 20% due to the exclusion of issuers on the basis of their ESG characteristics.
In addition, the fund will systematically apply the Exclusions to direct investments as described above.
What is the committed minimum rate to reduce the scope of the investments considered prior to the application of that investment strategy?
When selecting investments, the fund’s investment universe will be reduced by at least 20% due to the exclusion of issuers on the basis of their ESG characteristics.
Good governance practices include sound management structures, employee relations, remuneration of staff and tax compliance.
What is the policy to assess good governance practices of the investee companies?
The governance practices of issuers are assessed using fundamental research, including Fidelity ESG ratings, data regarding controversies and UN Global Compact violations.
Key points that are analysed include track record of capital allocation, financial transparency, related party transactions, board independence and size, executive pay, auditors and internal oversight, minority shareholder rights, among other indicators.

###### What is the asset allocation planned for this financial product?
Asset allocation describes the share of investments in specific assets.
Taxonomy-aligned activities are expressed as a share of:
- turnover reflecting the share of revenue from green activities of investee companies
- capital expenditure (CapEx) showing the green investments made by investee companies,e.g. for a transition to a green economy.

- operational expenditure (OpEx) reflecting green operational activities of investee companies.
(#1 Aligned with E/S characteristics) The fund will invest:
- a minimum of 70% of its assets in securities of issuers with favourable ESG characteristics;
- a minimum of 20% of its assets in sustainable investments (#1A sustainable) of which a minimum of of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 5% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 1% have a social objective. The remaining sustainable investments of the fund may have an environmental or social objective.

(#1B Other E/S characteristics) Includes securities of issuers with favourable ESG characteristics but are not sustainable investments.
How does the use of derivatives attain the environmental or social characteristics promoted by the financial product?
Where the security underlying a derivative has favourable ESG characteristics in accordance with Fidelity's Sustainable Investing Framework, the derivative may be included in determining the proportion of the fund dedicated to promotion of environmental or social characteristics.
To what minimum extent are sustainable investments with an environmental objective aligned with the EU Taxonomy?
The fund invests a minimum of 0% in sustainable investments with an environmental objective aligned with the EU Taxonomy.
The compliance of the investments of the fund with the EU Taxonomy will not be subject to an assurance by auditors or a review by third parties.
The EU Taxonomy alignment of the underlying investments of the fund is measured by turnover.
Does the financial product invest in fossil gas and/or nuclear energy-related activities that comply with the EU Taxonomy¹?
- YesNo
- In fossil gas	In nuclear energyWhat is the minimum share of investments in transitional and enabling activities?

The fund invests a minimum of 0% in transitional activities and a minimum of 0% in enabling activities.
What is the minimum share of sustainable investments with an environmental objective that are not aligned with the EU Taxonomy?
The fund invests a minimum of 5% in sustainable investments with an environmental objective that is not aligned with the EU Taxonomy.
Investments could be aligned with the EU Taxonomy but the Investment Manager is not currently in a position to specify the exact proportion of the fund’s underlying investments which take into account the EU criteria for environmentally sustainable economic activities. However, the position will be kept under review as the underlying rules are finalised and the availability of reliable data increases over time.
¹Fossil gas and/or nuclear related activities will only comply with the EU Taxonomy where they contribute to limiting climate change (“climate change mitigation”) and do not significantly harm any EU Taxonomy objectives - see explanatory note in the left hand margin. The full criteria for fossil gas and nuclear energy economic activities that comply with the EU Taxonomy are laid down in Commission Delegated Regulation (EU) 2022/1214.
What is the minimum share of socially sustainable investments?
The fund invests a minimum of 1% in sustainable investments with a social objective.
What investments are included under “#2 Other”, what is their purpose and are there any minimum environmental or social safeguards?
The remaining investments of the fund may be invested in securities of issuers that are able to demonstrate that they are on an improving trajectory with respect to their ESG characteristics, as well as cash and cash equivalents for liquidity purposes and derivatives which may be used for investment and efficient portfolio management.
As a minimum environmental and social safeguard, the fund will adhere to the Exclusions.

###### Is a specific index designated as a reference benchmark to determine whether this financial product is aligned with the environmental and/or social characteristics that it promotes?
An index has not been designated as a reference benchmark to determine whether this financial product is aligned with the environmental or social characteristics that it promotes.
Reference benchmarks are indexes to measure whether the financial product attains the environmental or social characteristics that they promote.
How is the reference benchmark continuously aligned with each of the environmental or social characteristics promoted by the financial product?
This question is not applicable.
How is the alignment of the investment strategy with the methodology of the index ensured on a continuous basis?
This question is not applicable.
How does the designated index differ from a relevant broad market index?
This question is not applicable.
Where can the methodology used for the calculation of the designated index be found?
This question is not applicable.

###### 	Where can I find more product specific information online?
More product-specific information can be found on the website: https:/www.fidelity.lu/funds/factsheet/LU1881514001/tab-disclosure#SFDR-disclosure. 
Further information on the methodologies set out herein is available on the website: Sustainable investing framework (fidelityinternational.com).
Pre-contractual disclosure for the financial products referred to in Article 8, paragraphs 1, 2 and 2a, of Regulation (EU) 2019/2088 and Article 6, first paragraph, of Regulation (EU) 2020/852
Product name:	Legal entity identifier:
Fidelity Funds - Sustainable Global Dividend Plus Fund	549300OZL7XSDZJCL571

###### Environmental and/or social characteristics
| Does this financial product have a sustainable investment objective? |
| --- |
|  | - Yes
 |  | No |
| - It will make a minimum of sustainable investments with an environmental objective:%
- in economic activities that qualify as environmentally sustainable under the EU Taxonomy
- in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
- It will make a minimum of sustainable investments with a social objective:%
 | It promotes Environmental/Social (E/S) characteristics and while it does not have as its objective a sustainable investment, it will have a minimum proportion of 25% of sustainable investments - with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomywith an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomywith a social objective
- It promotes E/S characteristics, but will not make any sustainable investments
 |

What environmental and/or social characteristics are promoted by this financial product?
Sustainability indicators measure how the environmental or social characteristics promoted by the financial product are attained.
The fund promotes environmental and social characteristics by investing in securities of issuers with favourable ESG characteristics. Favourable ESG characteristics are determined by reference to ESG ratings. ESG ratings consider environmental characteristics including carbon intensity, carbon emissions, energy efficiency, water and waste management and biodiversity, as well as social characteristics including product safety, supply chain, health and safety and human rights.
The fund partially intends to make sustainable investments.
No reference benchmark has been designated for the purpose of attaining the environmental and social characteristics promoted.
What sustainability indicators are used to measure the attainment of each of the environmental or social characteristics promoted by this financial product?
The fund uses the following sustainability indicators in order to measure the attainment of the environmental or social characteristics that it promotes:
- the percentage of the fund invested in securities of issuers with favourable ESG characteristics in accordance with Fidelity’s Sustainable Investing Framework;
- in respect of its direct investments, the percentage of the fund invested in securities of issuers with exposure to the Exclusions (as defined below);
- the percentage of the fund invested in sustainable investments;
- the percentage of the fund invested in sustainable investments with an environmental objective in economic activities (that do not qualify as environmentally sustainable under the EU Taxonomy); and
- the percentage of the fund invested in sustainable investments with a social objective.

What are the objectives of the sustainable investments that the financial product partially intends to make and how does the sustainable investment contribute to such objectives?
The fund determines a sustainable investment as follows:
- issuers that undertake economic activities that contribute to one or more of the environmental objectives set out in the EU Taxonomy and qualify as environmentally sustainable in accordance with EU Taxonomy; or
- issuers whereby the majority of their business activities (more than 50% of revenue) contribute to environmental or social objectives aligned with one or more of the United Nations Sustainable Development Goals (“SDGs”); or
- issuers which have set a decarbonisation target consistent with a 1.5 degree warming scenario or lower (verified by the Science Based Target Initiative or a Fidelity Proprietary Climate Rating) which would be considered to contribute to environmental objectives;provided they do no significant harm, meet minimum safeguards and good governance criteria.

How do the sustainable investments that the financial product partially intends to make, not cause significant harm to any environmental or social sustainable investment objective?
Sustainable investments are screened for involvement in activities that cause significant harm and controversies, assessed through a check that the issuer meets minimum safeguards and standards that relate to principal adverse impacts (PAIs) as well as for performance on PAI metrics. This includes:
- Norms-based screens - the screening out of securities identified under Fidelity’s norms based screens (as set out below);
- Activity-based screens - the screening out of issuers based on their participation in activities with significant negative impacts on society or the environment, including issuers that are considered to have a ‘Very Severe’ controversy using controversy screens, covering
- environmental issues,
- human rights and communities,
- labour rights and supply chain,
- customers,
- governance; and
	- PAI indicators - quantitative data (where available) on PAI indicators is used to evaluate whether an issuer is involved in activities that cause significant harm to any environmental or social objective.


Principal adverse impacts are the most significant negative impacts of investment decisions on sustainability factors relating to environmental, social and employee matters, respect for human rights, anti- corruption and anti- bribery matters.
How have the indicators for adverse impacts on sustainability factors been taken into account?
For sustainable investments, as set out above, Fidelity undertakes a quantitative evaluation that identifies entities with challenging performance on PAI indicators. Issuers with a low score will be ineligible to be ‘sustainable investments’ unless Fidelity’s fundamental research determines that the issuer is not breaching “do no significant harm” requirements or is on the path to mitigate the adverse impacts through effective management or transition.
How are the sustainable investments aligned with the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights? Details:
Norms-based screens are applied: Issuers identified as failing to behave in a way which meets their fundamental responsibilities in the areas of human rights, labour, environmental and anti-corruption as aligned with international norms including those set out by the OECD Guidelines for Multinational Enterprises, the UN Guiding Principles on Business and Human Rights, the UN Global Compact (UNGC) and the International Labour Organisation (ILO) Conventions, are not considered sustainable investments.
The EU Taxonomy sets out a “do not significant harm” principle by which Taxonomy-aligned investments should not significantly harm EU Taxonomy objectives and is accompanied by specific EU criteria.
The “do no significant harm” principle applies only to those investments underlying the financial product that take into account the EU criteria for environmentally sustainable economic activities. The investments underlying the remaining portion of this financial product do not take into account the EU criteria for environmentally sustainable economic activities.
Any other sustainable investments must also not significantly harm any environmental or social objectives.

###### Does this financial product consider principal adverse impacts on sustainability factors?
Yes
- NoConsideration of the principal adverse impacts on sustainability factors of investment decisions (referred to as principal adverse impacts) is incorporated through a variety of tools, including:
- Due Diligence - analysis of whether impacts on sustainability factors are material and negative.
- ESG rating - Fidelity references ESG ratings which incorporate consideration of material principal adverse impacts such as carbon emissions, employee safety and bribery and corruption, water management and, for sovereign issued securities, ratings used incorporate consideration of material principal adverse impacts such as carbon emissions, social violations and freedom of expression.
- Exclusions - When investing directly in corporate issuers, the fund applies the Exclusions (as defined below) to help mitigate the principal adverse impacts through excluding harmful sectors and prohibiting investment in issuers that breach international standards, such as the UNGC.
- Engagement - Fidelity uses engagement as a tool to better understand principal adverse impacts and, in some circumstances, advocate for mitigating the principal adverse impacts. Fidelity participates in relevant individual and collaborative engagements that target a number of principal adverse impacts (i.e. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Voting - Fidelity’s voting policy includes explicit minimum standards for board gender diversity and engagement with climate change for corporate issuers. Fidelity may also vote to help mitigate principal adverse impacts.
- Quarterly reviews - monitoring of principal adverse impacts through the fund’s quarterly review process.

Fidelity takes into account specific indicators for each sustainability factor when considering whether investments have a principal adverse impact. These indicators are subject to data availability and may evolve with improving data quality and availability.
Information on principal adverse impacts will be available in the annual report of the fund.
The investment strategy guides investment decisions based on factors such as investments objectives and risk tolerance.

######  What investment strategy does this financial product follow?
The fund is part of the Fidelity Sustainable Family of funds and adopts a Sustainable Focused strategy under which a minimum of 70% of the fund’s assets will be invested in securities with favourable ESG characteristics.
Favourable ESG characteristics are determined by reference to ESG ratings provided by external agencies and Fidelity ESG ratings.
Issuers that are not assessed as having favourable ESG characteristics for the purposes of the primary objective (minimum 70% of assets) are eligible for inclusion, with up to 30% of assets, provided they are able to demonstrate that they are on an improving trajectory with respect to their ESG characteristics.
The average ESG rating of the fund will exceed the average ESG rating of the fund’s investment universe after the exclusion of 20% of the assets with the lowest ESG ratings.
Within this investment universe, the Investment Manager selects stocks through rigorous bottom-up financial analysis and valuation to select stocks with strong investment return potential.
In respect of its direct investments, the fund is subject to:
- a firm-wide exclusions list, which includes cluster munitions and anti-personnel landmines, and
- a principle-based screening policy which includes:
	- norms-based screening of issuers which the Investment Manager considers have failed to conduct their business in accordance with international norms, including as set out in the UNGC; and
	- negative screening of certain sectors, issuers or practices based on specific ESG criteria where revenue thresholds may be applied.


The above exclusions and screens (the “Exclusions”) may be updated from time to time. Please refer to the website for further information Sustainable investing framework(fidelityinternational.com).
The Investment Manager also has discretion to implement enhanced, stricter sustainable requirements and exclusions from time to time.
What are the binding elements of the investment strategy used to select the investments to attain each of the environmental or social characteristics promoted by this financial product?
The fund will invest:
- a minimum of 70% of its assets in issuers with favourable ESG characteristics,
- a minimum of 25% in sustainable investments of which a minimum of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 5% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 5% have a social objective.

The fund assesses the ESG characteristics of at least 90% of its assets. The average ESG rating of the fund will exceed the average ESG rating of the fund’s investment universe after the exclusion of 20% of the assets with the lowest ESG ratings.
In addition, the fund will systematically apply the Exclusions to direct investments as described above.
What is the committed minimum rate to reduce the scope of the investments considered prior to the application of that investment strategy?
This question is not applicable.
Good governance practices include sound management structures, employee relations, remuneration of staff and tax compliance.
What is the policy to assess good governance practices of the investee companies?
The governance practices of issuers are assessed using fundamental research, including Fidelity ESG ratings, data regarding controversies and UN Global Compact violations.
Key points that are analysed include track record of capital allocation, financial transparency, related party transactions, board independence and size, executive pay, auditors and internal oversight, minority shareholder rights, among other indicators.

###### What is the asset allocation planned for this financial product?
Asset allocation describes the share of investments in specific assets.
Taxonomy-aligned activities are expressed as a share of:
- turnover reflecting the share of revenue from green activities of investee companies
- capital expenditure (CapEx) showing the green investments made by investee companies,e.g. for a transition to a green economy.

- operational expenditure (OpEx) reflecting green operational activities of investee companies.
(#1 Aligned with E/S characteristics) The fund will invest:
- a minimum of 70% of its assets in securities of issuers with favourable ESG characteristics;
- a minimum of 25% of its assets in sustainable investments (#1A sustainable) of which a minimum of of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 5% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 5% have a social objective. The remaining sustainable investments of the fund may have an environmental or social objective.

(#1B Other E/S characteristics) Includes securities of issuers with favourable ESG characteristics but are not sustainable investments.
How does the use of derivatives attain the environmental or social characteristics promoted by the financial product?
Where the security underlying a derivative has favourable ESG characteristics in accordance with Fidelity's Sustainable Investing Framework, the derivative may be included in determining the proportion of the fund dedicated to promotion of environmental or social characteristics.
To what minimum extent are sustainable investments with an environmental objective aligned with the EU Taxonomy?
The fund invests a minimum of 0% in sustainable investments with an environmental objective aligned with the EU Taxonomy.
The compliance of the investments of the fund with the EU Taxonomy will not be subject to an assurance by auditors or a review by third parties.
The EU Taxonomy alignment of the underlying investments of the fund is measured by turnover.
Does the financial product invest in fossil gas and/or nuclear energy-related activities that comply with the EU Taxonomy¹?
- YesNo
- In fossil gas	In nuclear energyWhat is the minimum share of investments in transitional and enabling activities?

The fund invests a minimum of 0% in transitional activities and a minimum of 0% in enabling activities.
What is the minimum share of sustainable investments with an environmental objective that are not aligned with the EU Taxonomy?
The fund invests a minimum of 5% in sustainable investments with an environmental objective that is not aligned with the EU Taxonomy.
Investments could be aligned with the EU Taxonomy but the Investment Manager is not currently in a position to specify the exact proportion of the fund’s underlying investments which take into account the EU criteria for environmentally sustainable economic activities. However, the position will be kept under review as the underlying rules are finalised and the availability of reliable data increases over time.
¹Fossil gas and/or nuclear related activities will only comply with the EU Taxonomy where they contribute to limiting climate change (“climate change mitigation”) and do not significantly harm any EU Taxonomy objectives - see explanatory note in the left hand margin. The full criteria for fossil gas and nuclear energy economic activities that comply with the EU Taxonomy are laid down in Commission Delegated Regulation (EU) 2022/1214.
What is the minimum share of socially sustainable investments?
The fund invests a minimum of 5% in sustainable investments with a social objective.
What investments are included under “#2 Other”, what is their purpose and are there any minimum environmental or social safeguards?
The remaining investments of the fund may be invested in securities of issuers that are able to demonstrate that they are on an improving trajectory with respect to their ESG characteristics, as well as cash and cash equivalents for liquidity purposes and derivatives which may be used for investment and efficient portfolio management.
As a minimum environmental and social safeguard, the fund will adhere to the Exclusions.

###### Is a specific index designated as a reference benchmark to determine whether this financial product is aligned with the environmental and/or social characteristics that it promotes?
An index has not been designated as a reference benchmark to determine whether this financial product is aligned with the environmental or social characteristics that it promotes.
Reference benchmarks are indexes to measure whether the financial product attains the environmental or social characteristics that they promote.
How is the reference benchmark continuously aligned with each of the environmental or social characteristics promoted by the financial product?
This question is not applicable.
How is the alignment of the investment strategy with the methodology of the index ensured on a continuous basis?
This question is not applicable.
How does the designated index differ from a relevant broad market index?
This question is not applicable.
Where can the methodology used for the calculation of the designated index be found?
This question is not applicable.

###### 	Where can I find more product specific information online?
More product-specific information can be found on the website: https:/www.fidelity.lu/funds/factsheet/LU0261951957/tab-disclosure#SFDR-disclosure. 
Further information on the methodologies set out herein is available on the website: Sustainable investing framework (fidelityinternational.com).
Pre-contractual disclosure for the financial products referred to in Article 9, paragraphs 1 to 4a, of Regulation (EU) 2019/2088 and Article 5, first paragraph, of Regulation (EU) 2020/852
Product name:	Legal entity identifier:
Fidelity Funds - Sustainable Global Equity Fund	254900R7XPBV37D85Z68

###### Sustainable investment objective
| Does this financial product have a sustainable investment objective? |
| --- |
|  | Yes |  | - No
 |
| It will make a minimum of sustainable investments with an environmental objective: 20% - in economic activities that qualify as environmentally sustainable under the EU Taxonomyin economic activities that do not qualify as environmentally sustainable under the EU TaxonomyIt will make a minimum of sustainable investments with a social objective: 20%
 | - It promotes Environmental/Social (E/S) characteristics and while it does not have as its objective a sustainable investment, it will have a minimum proportion of % of sustainable investments
	- with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomy
	- with an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
	- with a social objective

- It promotes E/S characteristics, but will not make any sustainable investments
 |

Sustainability indicators measure how the sustainable objectives of this financial product are attained.
What is the sustainable investment objective of this financial product? 
The fund aims to achieve capital growth over the long term by investing in sustainable investments.
The fund determines a sustainable investment as follows:
- issuers that undertake economic activities that contribute to one or more of the environmental objectives set out in the EU Taxonomy and qualify as environmentally sustainable in accordance with EU Taxonomy; or
- issuers whereby the majority of their business activities (more than 50% of revenue) contribute to environmental or social objectives aligned with one or more of the United Nations Sustainable Development Goals (“SDGs”); or
- issuers which have set a decarbonisation target consistent with a 1.5 degree warming scenario or lower (verified by the Science Based Target Initiative or a Fidelity Proprietary Climate Rating) which would be considered to contribute to environmental objectives; provided they do no significant harm, meet minimum safeguards and good governance criteria.

The Investment Manager selects issuers based on the contribution of their economic activities to environmental or social objectives which are aligned with the SDGs.
The SDGs are a series of goals published by the United Nations which recognise that ending poverty and other deprivations must go hand-in-hand with improvements in health and education, economic growth, and a reduction in inequalities, all while tackling climate change and working to preserve the planet’s oceans and forests. For further details see the UN website: https://sdgs.un.org/goals . Environmental focused SDGs include clean water and sanitation; affordable and clean energy; responsible consumption and production; and climate action.Social focused SDGs include no poverty; zero hunger; economic growth and productive employment; industry, innovation and infrastructure; safe and sustainable cities and communities.
No reference benchmark has been designated for the purpose of attaining the sustainable investment objective.
What sustainability indicators are used to measure the attainment of the sustainable investment objective of this financial product?
The fund uses the following sustainability indicators in order to measure to what extent the sustainable investment objective is met:
- the percentage of the fund invested in sustainable investments;
- the percentage of the fund invested in sustainable investments with an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy;
- the percentage of the fund invested in sustainable investments with a social objective; and
- the percentage of the fund with exposure to investments that undertake activities that are excluded in accordance with the Exclusions (defined below).

How do sustainable investments not cause significant harm to any environmental or social sustainable investment objective?
Sustainable investments are screened for involvement in activities that cause significant harm and controversies, assessed through a check that the issuer meets minimum safeguards and standards that relate to principal adverse impacts (PAIs) as well as for performance on PAI metrics. This includes:
- Norms-based screens - the screening out of securities identified under Fidelity’s existing norms-based screens (as set out below);
- Activity-based screens - the screening out of issuers based on their participation in activities with significant negative impacts on society or the environment, including issuers that are considered to have a ‘Very Severe’ controversy using controversy screens, covering
- environmental issues,
- human rights and communities,
- labour rights and supply chain,
- customers,
- governance; and
	- PAI indicators - quantitative data (where available) on PAI indicators is used to evaluate whether an issuer is involved in activities that cause significant harm to any environmental or social objective.


Principal adverse impacts are the most significant negative impacts of investment decisions on sustainability factors relating to environmental, social and employee matters, respect for human rights, anti- corruption and anti- bribery matters.
How have the indicators for adverse impacts on sustainability factors been taken into account?
As set out above, Fidelity undertakes a quantitative evaluation to identify issuers with challenging performance on PAI indicators. Issuers with a low score will be ineligible to be ‘sustainable investments’ unless Fidelity’s fundamental research determines that the issuer is not breaching “do no significant harm” requirements, or is on the path to mitigate the adverse impacts through effective management or transition.
How are the sustainable investments aligned with the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights?
Norms-based screens are applied - issuers identified as failing to behave in a way which meets their fundamental responsibilities in the areas of human rights, labour, environmental and anti-corruption as aligned with international norms including those set out by OECD Guidelines for Multinational Enterprises, the UN Guiding Principles on Business and Human Rights, the UN Global Compact (UNGC) and the International Labour Organisation (ILO) Conventions, are not considered sustainable investments.

###### Does this financial product consider principal adverse impacts on sustainability factors?
Yes
- NoConsideration of the principal adverse impacts on sustainability factors of investment decisions (referred to as principal adverse impacts) is incorporated through a variety of tools, including:
- Due Diligence - analysis of whether impacts on sustainability factors are material and negative.
- ESG rating - Fidelity references ESG ratings which incorporate consideration of material principal adverse impacts such as carbon emissions, employee safety and bribery and corruption, water management and, for sovereign issued securities, ratings used incorporate consideration of material principal adverse impacts such as carbon emissions, social violations and freedom of expression.
- Exclusions - When investing directly in corporate issuers, the fund applies the Exclusions (as defined below) to help mitigate the principal adverse impacts through excluding harmful sectors and prohibiting investment in issuers that breach international standards, such as the UNGC.
- Engagement - Fidelity uses engagement as a tool to better understand principal adverse impacts and, in some circumstances, advocate for mitigating the principal adverse impacts. Fidelity participates in relevant individual and collaborative engagements that target a number of principal adverse impacts (i.e. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Voting - Fidelity’s voting policy includes explicit minimum standards for board gender diversity and engagement with climate change for corporate issuers. Fidelity may also vote to help mitigate principal adverse impacts.
- Quarterly reviews - monitoring of principal adverse impacts through the fund’s quarterly review process.

Fidelity takes into account specific indicators for each sustainability factor when considering whether investments have a principal adverse impact. These indicators are subject to data availability and may evolve with improving data quality and availability.
Information on principal adverse impacts will be available in the annual report of the fund.

###### What investment strategy does this financial product follow?
The investment strategy guides investment decisions based on factors such as investments objectives and risk tolerance.
The fund invests in companies which contribute to environmental or social objectives aligned with one or more SDGs, do no significant harm, meet minimum safeguards and good governance requirements.
Within this investment universe, the Investment Manager selects stocks through rigorous bottom-up financial analysis and valuation to select stocks with strong investment return potential.
Key components of the investment strategy are:
- sustainable investments; A minimum of 80% of these assets will be sustainable investments.
- Contributing to environmental or social objectives aligned with one or more SDGs; All companies in the fund must have a portion (greater than zero) of business activities which contribute to environmental or social objectives aligned with SDGs.
- Do No Significant Harm; The fund applies the “do no significant harm” criteria, as set out above, to all direct investments held within the fund.
- Minimum safeguards; The fund excludes direct investments that fail to conduct their business in accordance with accepted international norms, including as set out by OECD Guidelines for Multinational Enterprises, the UN Guiding Principles on Business and Human Rights, UN Global Compact (UNGC) and the International Labour Organisation (ILO) Conventions.
- Good governance; All investee companies in the fund will be screened for controversies, including tax and bribery and corruption screenings.
- Exclusions; In respect of its direct investments, the fund is subject to:
	- a firm-wide exclusions list, which includes cluster munitions and anti-personnel landmines; and
	- a principle-based screening policy which includes:
		- norms-based screening of issuers which the Investment Manager considers have failed to conduct their business in accordance with international norms, including as set out in the UNGC; and
		- negative screening of certain sectors, companies or practices based on specific ESG criteria where revenue thresholds may be applied.



The Investment Manager has discretion to implement sustainable requirements and exclusions having regard to their applicable investment process from time to time.
The above exclusions and screens (the “Exclusions”) may be updated from time to time. Please refer to the website for further information Sustainable investing framework(fidelityinternational.com).
In addition to the above, the fund assesses the ESG ratings (either based on external ratings or the Fidelity ESG ratings) of at least 90% of the fund’s assets and the fund’s investment universe will be reduced by at least 20% due to the exclusion of issuers on the basis of their ESG characteristics.
What are the binding elements of the investment strategy used to select the investments to attain the sustainable investment objective?
The fund will invest a minimum of 80% of its assets in sustainable investments of which a minimum of 0% have an environmental objective which is aligned with the EU Taxonomy, a minimum of 20% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 20% have a social objective;
provided that such investments do not significantly harm any of those objectives and that investee companies follow good governance practices.
In attaining the sustainable investment objective, the fund commits to selecting companies whose economic activity contributes to an environmental or social objective aligned with one or more of the SDGs, as described in the investment strategy section above.
In addition to the above, the fund assesses the ESG ratings (either based on external ratings or the Fidelity ESG ratings) of at least 90% of the fund’sassets and the fund’s investment universe will be reduced by at least 20% due to the exclusion of issuers on the basis of their ESG characteristics.
The fund will systematically apply the Exclusions as described above.
Good governance practices include sound management structures, employee relations, remuneration of staff and tax compliance.
What is the policy to assess good governance practices of the investee companies?
All investee companies will be screened for controversies, including tax, bribery and corruption screenings, to help meet good governance requirements for investee companies. In addition to these screens, governance practices of issuers are assessed using fundamental research.
Key points that are analysed include track record of capital allocation, financial transparency, related party transactions, board independence and size, executive pay, auditors and internal oversight, minority shareholder rights, among other indicators.

###### What is the asset allocation and the minimum share of sustainable investments?
Asset allocation describes the share of investments in specific assets.
Taxonomy-aligned activities are expressed as a share of:
- turnover reflecting the share of revenue from green activities of investee companies
- capital expenditure (CapEx) showing the green investments made by investee companies,e.g. for a transition to a green economy.

- operational expenditure (OpEx) reflecting green operational activities of investee companies.
(#1 Sustainable) The fund will invest a minimum of 80% of its assets in sustainable investments of which a minimum of 0% will have an environmental objective which is aligned with the EU Taxonomy, a minimum of 20% will have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 20% will have a social objective. The remaining sustainable investments of the fund may have an environmental or social objective.
How does the use of derivatives attain the sustainable investment objective?
Where the security underlying a derivative is deemed to contribute to the sustainable objective of the fund, the derivative may be used to contribute to the attainment of the sustainable investment objective.
To what minimum extent are sustainable investments with an environmental objective aligned with the EU Taxonomy?
The fund invests a minimum of 0% in sustainable investments with an environmental objective aligned with the EU Taxonomy.
The compliance of the investments of the fund with the EU Taxonomy will not be subject to an assurance by auditors or a review by third parties.
The EU Taxonomy alignment of the underlying investments of the fund is measured by turnover.
Does the financial product invest in fossil gas and/or nuclear energy-related activities that comply with the EU Taxonomy¹?
- YesNo
- In fossil gas	In nuclear energy¹Fossil gas and/or nuclear related activities will only comply with the EU Taxonomy where they contribute to limiting climate change (“climate change mitigation”) and do not significantly harm any EU Taxonomy objectives - see explanatory note in the left hand margin. The full criteria for fossil gas and nuclear energy economic activities that comply with the EU Taxonomy are laid down in Commission Delegated Regulation (EU) 2022/1214.

What is the minimum share of investments in transitional and enabling activities?
The fund invests a minimum of 0% in transitional activities and a minimum of 0% in enabling activities.
What is the minimum share of sustainable investments with an environmental objective that are not aligned with the EU Taxonomy?
The fund invests a minimum of 20% in sustainable investments with an environmental objective that is not aligned with the EU Taxonomy.
Investments could be aligned with the EU Taxonomy but the Investment Manager is not currently in a position to specify the exact proportion of the fund’s underlying investments which take into account the EU criteria for environmentally sustainable economic activities. However, the position will be kept under review as the underlying rules are finalised and the availability of reliable data increases over time.
What is the minimum share of sustainable investments with a social objective?
The fund invests a minimum of 20% in sustainable investments with a social objective.
What investments are included under “#2 Not sustainable”, what is their purpose and are there any minimum environmental or social safeguards?
Investments included under “#2 Not sustainable” may include cash, investments used for hedging and efficient portfolio management purposes.
In addition, all direct investments of the fund must adhere to the Exclusions, do no significant harm to environmental or social objectives, have good governance practices and must not affect the delivery of the sustainable investment objective.

###### Is a specific index designated as a reference benchmark to meet the sustainable investment objective?
An index has not been designated as a reference benchmark to meet the sustainable investment objective.
Reference benchmarks are indexes to measure whether the financial product attains the sustainable investment objective.
How does the reference benchmark take into account sustainability factors in a way that is continuously aligned with the sustainable investment objective?
This question is not applicable.
How is the alignment of the investment strategy with the methodology of the index ensured on a continuous basis?
This question is not applicable.
How does the designated index differ from a relevant broad market index?
This question is not applicable.
Where can the methodology used for the calculation of the designated index be found?
This question is not applicable.

###### 	Where can I find more product specific information online?
More product-specific information can be found on the website: https:/www.fidelity.lu/funds/factsheet/LU2544614741/tab-disclosure#SFDR-disclosure. 
Further information on the methodologies set out herein is available on the website: Sustainable investing framework (fidelityinternational.com).
Pre-contractual disclosure for the financial products referred to in Article 8, paragraphs 1, 2 and 2a, of Regulation (EU) 2019/2088 and Article 6, first paragraph, of Regulation (EU) 2020/852
Product name:	Legal entity identifier:
Fidelity Funds - Sustainable Global Equity Income Fund	549300ZTEIN9RSGX1S04

###### Environmental and/or social characteristics
| Does this financial product have a sustainable investment objective? |
| --- |
|  | - Yes
 |  | No |
| - It will make a minimum of sustainable investments with an environmental objective:%
- in economic activities that qualify as environmentally sustainable under the EU Taxonomy
- in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
- It will make a minimum of sustainable investments with a social objective:%
 | It promotes Environmental/Social (E/S) characteristics and while it does not have as its objective a sustainable investment, it will have a minimum proportion of 25% of sustainable investments - with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomywith an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomywith a social objective
- It promotes E/S characteristics, but will not make any sustainable investments
 |

What environmental and/or social characteristics are promoted by this financial product?
Sustainability indicators measure how the environmental or social characteristics promoted by the financial product are attained.
The fund promotes environmental and social characteristics by investing in securities of issuers with favourable ESG characteristics. Favourable ESG characteristics are determined by reference to ESG ratings. ESG ratings consider environmental characteristics including carbon intensity, carbon emissions, energy efficiency, water and waste management and biodiversity, as well as social characteristics including product safety, supply chain, health and safety and human rights.
The fund partially intends to make sustainable investments.
No reference benchmark has been designated for the purpose of attaining the environmental and social characteristics promoted.
What sustainability indicators are used to measure the attainment of each of the environmental or social characteristics promoted by this financial product?
The fund uses the following sustainability indicators in order to measure the attainment of the environmental or social characteristics that it promotes:
- the percentage of the fund invested in securities of issuers with favourable ESG characteristics in accordance with Fidelity’s Sustainable Investing Framework;
- in respect of its direct investments, the percentage of the fund invested in securities of issuers with exposure to the Exclusions (as defined below);
- the percentage of the fund invested in sustainable investments;
- the percentage of the fund invested in sustainable investments with an environmental objective in economic activities (that do not qualify as environmentally sustainable under the EU Taxonomy); and
- the percentage of the fund invested in sustainable investments with a social objective.

What are the objectives of the sustainable investments that the financial product partially intends to make and how does the sustainable investment contribute to such objectives?
The fund determines a sustainable investment as follows:
- issuers that undertake economic activities that contribute to one or more of the environmental objectives set out in the EU Taxonomy and qualify as environmentally sustainable in accordance with EU Taxonomy; or
- issuers whereby the majority of their business activities (more than 50% of revenue) contribute to environmental or social objectives aligned with one or more of the United Nations Sustainable Development Goals (“SDGs”); or
- issuers which have set a decarbonisation target consistent with a 1.5 degree warming scenario or lower (verified by the Science Based Target Initiative or a Fidelity Proprietary Climate Rating) which would be considered to contribute to environmental objectives;provided they do no significant harm, meet minimum safeguards and good governance criteria.

How do the sustainable investments that the financial product partially intends to make, not cause significant harm to any environmental or social sustainable investment objective?
Sustainable investments are screened for involvement in activities that cause significant harm and controversies, assessed through a check that the issuer meets minimum safeguards and standards that relate to principal adverse impacts (PAIs) as well as for performance on PAI metrics. This includes:
- Norms-based screens - the screening out of securities identified under Fidelity’s norms based screens (as set out below);
- Activity-based screens - the screening out of issuers based on their participation in activities with significant negative impacts on society or the environment, including issuers that are considered to have a ‘Very Severe’ controversy using controversy screens, covering
- environmental issues,
- human rights and communities,
- labour rights and supply chain,
- customers,
- governance; and
	- PAI indicators - quantitative data (where available) on PAI indicators is used to evaluate whether an issuer is involved in activities that cause significant harm to any environmental or social objective.


Principal adverse impacts are the most significant negative impacts of investment decisions on sustainability factors relating to environmental, social and employee matters, respect for human rights, anti- corruption and anti- bribery matters.
How have the indicators for adverse impacts on sustainability factors been taken into account?
For sustainable investments, as set out above, Fidelity undertakes a quantitative evaluation that identifies entities with challenging performance on PAI indicators. Issuers with a low score will be ineligible to be ‘sustainable investments’ unless Fidelity’s fundamental research determines that the issuer is not breaching “do no significant harm” requirements or is on the path to mitigate the adverse impacts through effective management or transition.
How are the sustainable investments aligned with the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights? Details:
Norms-based screens are applied: Issuers identified as failing to behave in a way which meets their fundamental responsibilities in the areas of human rights, labour, environmental and anti-corruption as aligned with international norms including those set out by the OECD Guidelines for Multinational Enterprises, the UN Guiding Principles on Business and Human Rights, the UN Global Compact (UNGC) and the International Labour Organisation (ILO) Conventions, are not considered sustainable investments.
The EU Taxonomy sets out a “do not significant harm” principle by which Taxonomy-aligned investments should not significantly harm EU Taxonomy objectives and is accompanied by specific EU criteria.
The “do no significant harm” principle applies only to those investments underlying the financial product that take into account the EU criteria for environmentally sustainable economic activities. The investments underlying the remaining portion of this financial product do not take into account the EU criteria for environmentally sustainable economic activities.
Any other sustainable investments must also not significantly harm any environmental or social objectives.

###### Does this financial product consider principal adverse impacts on sustainability factors?
Yes
- NoConsideration of the principal adverse impacts on sustainability factors of investment decisions (referred to as principal adverse impacts) is incorporated through a variety of tools, including:
- Due Diligence - analysis of whether impacts on sustainability factors are material and negative.
- ESG rating - Fidelity references ESG ratings which incorporate consideration of material principal adverse impacts such as carbon emissions, employee safety and bribery and corruption, water management and, for sovereign issued securities, ratings used incorporate consideration of material principal adverse impacts such as carbon emissions, social violations and freedom of expression.
- Exclusions - When investing directly in corporate issuers, the fund applies the Exclusions (as defined below) to help mitigate the principal adverse impacts through excluding harmful sectors and prohibiting investment in issuers that breach international standards, such as the UNGC.
- Engagement - Fidelity uses engagement as a tool to better understand principal adverse impacts and, in some circumstances, advocate for mitigating the principal adverse impacts. Fidelity participates in relevant individual and collaborative engagements that target a number of principal adverse impacts (i.e. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Voting - Fidelity’s voting policy includes explicit minimum standards for board gender diversity and engagement with climate change for corporate issuers. Fidelity may also vote to help mitigate principal adverse impacts.
- Quarterly reviews - monitoring of principal adverse impacts through the fund’s quarterly review process.

Fidelity takes into account specific indicators for each sustainability factor when considering whether investments have a principal adverse impact. These indicators are subject to data availability and may evolve with improving data quality and availability.
Information on principal adverse impacts will be available in the annual report of the fund.
The investment strategy guides investment decisions based on factors such as investments objectives and risk tolerance.

######  What investment strategy does this financial product follow?
The fund is part of the Fidelity Sustainable Family of funds and adopts a Sustainable Focused strategy under which a minimum of 70% of the fund’s assets will be invested in securities with favourable ESG characteristics.
Favourable ESG characteristics are determined by reference to ESG ratings provided by external agencies and Fidelity ESG ratings.
Issuers that are not assessed as having favourable ESG characteristics for the purposes of the primary objective (minimum 70% of assets) are eligible for inclusion, with up to 30% of assets, provided they are able to demonstrate that they are on an improving trajectory with respect to their ESG characteristics.
In addition, the fund aims to have lower carbon footprint compared to that of the benchmark, the MSCI ACWI Index.
Within this investment universe, the Investment Manager selects stocks through rigorous bottom-up financial analysis and valuation to select stocks with strong investment return potential.
In respect of its direct investments, the fund is subject to:
- a firm-wide exclusions list, which includes cluster munitions and anti-personnel landmines, and
- a principle-based screening policy which includes:
	- norms-based screening of issuers which the Investment Manager considers have failed to conduct their business in accordance with international norms, including as set out in the UNGC; and
	- negative screening of certain sectors, issuers or practices based on specific ESG criteria where revenue thresholds may be applied.


The above exclusions and screens (the “Exclusions”) may be updated from time to time. Please refer to the website for further information Sustainable investing framework(fidelityinternational.com).
The Investment Manager also has discretion to implement enhanced, stricter sustainable requirements and exclusions from time to time.
What are the binding elements of the investment strategy used to select the investments to attain each of the environmental or social characteristics promoted by this financial product?
The fund will invest:
- a minimum of 70% of its assets in issuers with favourable ESG characteristics,
- a minimum of 25% in sustainable investments of which a minimum of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 5% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 5% have a social objective.

The fund assesses the ESG characteristics of at least 90% of its assets. The average ESG rating of the fund will exceed the average ESG rating of the fund’s investment universe after the exclusion of 20% of the assets with the lowest ESG ratings.
In addition, the fund will systematically apply the Exclusions to direct investments as described above.
What is the committed minimum rate to reduce the scope of the investments considered prior to the application of that investment strategy?
This question is not applicable.
Good governance practices include sound management structures, employee relations, remuneration of staff and tax compliance.
What is the policy to assess good governance practices of the investee companies?
The governance practices of issuers are assessed using fundamental research, including Fidelity ESG ratings, data regarding controversies and UN Global Compact violations.
Key points that are analysed include track record of capital allocation, financial transparency, related party transactions, board independence and size, executive pay, auditors and internal oversight, minority shareholder rights, among other indicators.

###### What is the asset allocation planned for this financial product?
Asset allocation describes the share of investments in specific assets.
Taxonomy-aligned activities are expressed as a share of:
- turnover reflecting the share of revenue from green activities of investee companies
- capital expenditure (CapEx) showing the green investments made by investee companies,e.g. for a transition to a green economy.

- operational expenditure (OpEx) reflecting green operational activities of investee companies.
(#1 Aligned with E/S characteristics) The fund will invest:
- a minimum of 70% of its assets in securities of issuers with favourable ESG characteristics;
- a minimum of 25% of its assets in sustainable investments (#1A sustainable) of which a minimum of of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 5% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 5% have a social objective. The remaining sustainable investments of the fund may have an environmental or social objective.

(#1B Other E/S characteristics) Includes securities of issuers with favourable ESG characteristics but are not sustainable investments.
How does the use of derivatives attain the environmental or social characteristics promoted by the financial product?
Where the security underlying a derivative has favourable ESG characteristics in accordance with Fidelity's Sustainable Investing Framework, the derivative may be included in determining the proportion of the fund dedicated to promotion of environmental or social characteristics.
To what minimum extent are sustainable investments with an environmental objective aligned with the EU Taxonomy?
The fund invests a minimum of 0% in sustainable investments with an environmental objective aligned with the EU Taxonomy.
The compliance of the investments of the fund with the EU Taxonomy will not be subject to an assurance by auditors or a review by third parties.
The EU Taxonomy alignment of the underlying investments of the fund is measured by turnover.
Does the financial product invest in fossil gas and/or nuclear energy-related activities that comply with the EU Taxonomy¹?
- YesNo
- In fossil gas	In nuclear energyWhat is the minimum share of investments in transitional and enabling activities?

The fund invests a minimum of 0% in transitional activities and a minimum of 0% in enabling activities.
What is the minimum share of sustainable investments with an environmental objective that are not aligned with the EU Taxonomy?
The fund invests a minimum of 5% in sustainable investments with an environmental objective that is not aligned with the EU Taxonomy.
Investments could be aligned with the EU Taxonomy but the Investment Manager is not currently in a position to specify the exact proportion of the fund’s underlying investments which take into account the EU criteria for environmentally sustainable economic activities. However, the position will be kept under review as the underlying rules are finalised and the availability of reliable data increases over time.
¹Fossil gas and/or nuclear related activities will only comply with the EU Taxonomy where they contribute to limiting climate change (“climate change mitigation”) and do not significantly harm any EU Taxonomy objectives - see explanatory note in the left hand margin. The full criteria for fossil gas and nuclear energy economic activities that comply with the EU Taxonomy are laid down in Commission Delegated Regulation (EU) 2022/1214.
What is the minimum share of socially sustainable investments?
The fund invests a minimum of 5% in sustainable investments with a social objective.
What investments are included under “#2 Other”, what is their purpose and are there any minimum environmental or social safeguards?
The remaining investments of the fund may be invested in securities of issuers that are able to demonstrate that they are on an improving trajectory with respect to their ESG characteristics, as well as cash and cash equivalents for liquidity purposes and derivatives which may be used for investment and efficient portfolio management.
As a minimum environmental and social safeguard, the fund will adhere to the Exclusions.

###### Is a specific index designated as a reference benchmark to determine whether this financial product is aligned with the environmental and/or social characteristics that it promotes?
An index has not been designated as a reference benchmark to determine whether this financial product is aligned with the environmental or social characteristics that it promotes.
Reference benchmarks are indexes to measure whether the financial product attains the environmental or social characteristics that they promote.
How is the reference benchmark continuously aligned with each of the environmental or social characteristics promoted by the financial product?
This question is not applicable.
How is the alignment of the investment strategy with the methodology of the index ensured on a continuous basis?
This question is not applicable.
How does the designated index differ from a relevant broad market index?
This question is not applicable.
Where can the methodology used for the calculation of the designated index be found?
This question is not applicable.

###### 	Where can I find more product specific information online?
More product-specific information can be found on the website: https:/www.fidelity.lu/funds/factsheet/LU1627197004/tab-disclosure#SFDR-disclosure. 
Further information on the methodologies set out herein is available on the website: Sustainable investing framework (fidelityinternational.com).
Pre-contractual disclosure for the financial products referred to in Article 8, paragraphs 1, 2 and 2a, of Regulation (EU) 2019/2088 and Article 6, first paragraph, of Regulation (EU) 2020/852
Product name:	Legal entity identifier:
Fidelity Funds - Sustainable Healthcare Fund	549300Z8HWYC400OQA29

###### Environmental and/or social characteristics
| Does this financial product have a sustainable investment objective? |
| --- |
|  | - Yes
 |  | No |
| - It will make a minimum of sustainable investments with an environmental objective:%
- in economic activities that qualify as environmentally sustainable under the EU Taxonomy
- in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
- It will make a minimum of sustainable investments with a social objective:%
 | It promotes Environmental/Social (E/S) characteristics and while it does not have as its objective a sustainable investment, it will have a minimum proportion of 50% of sustainable investments - with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomy
- with an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomywith a social objective
- It promotes E/S characteristics, but will not make any sustainable investments
 |

What environmental and/or social characteristics are promoted by this financial product?
Sustainability indicators measure how the environmental or social characteristics promoted by the financial product are attained.
The fund promotes environmental and social characteristics by investing in securities of issuers with favourable ESG characteristics. Favourable ESG characteristics are determined by reference to ESG ratings.
The fund invests in equities of companies that are involved in design, manufacture or sale of products and services in connection with health care, medicine or biotechnology from anywhere in the world.
No reference benchmark has been designated for the purpose of attaining the environmental and social characteristics promoted.
What sustainability indicators are used to measure the attainment of each of the environmental or social characteristics promoted by this financial product?
The fund uses the following sustainability indicators in order to measure the attainment of the environmental or social characteristics that it promotes:
- the percentage of the fund invested in securities of issuers having favourable ESG characteristics in accordance with Fidelity’s Sustainable Investing Framework;
- the percentage of the fund invested in securities of issuers with exposure to the Exclusions (defined below);
- the percentage of the fund invested in sustainable investments; and
- the percentage of the fund invested in sustainable investments with a social objective.

What are the objectives of the sustainable investments that the financial product partially intends to make and how does the sustainable investment contribute to such objectives?
The fund determines a sustainable investment as follows:
- issuers that undertake economic activities that contribute to one or more of the environmental objectives set out in the EU Taxonomy and qualify as environmentally sustainable in accordance with EU Taxonomy; or
- issuers whereby the majority of their business activities (more than 50% of revenue) contribute to environmental or social objectives aligned with one or more of the United Nations Sustainable Development Goals (“SDGs”); or
- issuers which have set a decarbonisation target consistent with a 1.5 degree warming scenario or lower (verified by the Science Based Target Initiative or a Fidelity Proprietary Climate Rating) which would be considered to contribute to environmental objectives;provided they do no significant harm, meet minimum safeguards and good governance criteria.

How do the sustainable investments that the financial product partially intends to make, not cause significant harm to any environmental or social sustainable investment objective?
Sustainable investments are screened for involvement in activities that cause significant harm and controversies, assessed through a check that the issuer meets minimum safeguards and standards that relate to principal adverse impacts (PAIs) as well as for performance on PAI metrics. This includes:
- Norms-based screens - the screening out of securities identified under Fidelity’s existing norms-based screens (as set out below);
- Activity-based screens - the screening out of issuers based on their participation in activities with significant negative impacts on society or the environment, including issuers that are considered to have a ‘Very Severe’ controversy using controversy screens, covering
- environmental issues,
- human rights and communities,
- labour rights and supply chain,
- customers,
- governance; and
	- PAI indicators - quantitative data (where available) on PAI indicators is used to evaluate whether an issuer is involved in activities that cause significant harm to any environmental or social objective.


Principal adverse impacts are the most significant negative impacts of investment decisions on sustainability factors relating to environmental, social and employee matters, respect for human rights, anti- corruption and anti- bribery matters.
How have the indicators for adverse impacts on sustainability factors been taken into account?
For sustainable investments, as set out above, Fidelity undertakes a quantitative evaluation to identify issuers with challenging performance on PAI indicators. Issuers with a low score will be ineligible to be ‘sustainable investments’ unless Fidelity’s fundamental research determines that the issuer is not breaching “do no significant harm” requirements or is on the path to mitigate the adverse impacts through effective management or transition.
How are the sustainable investments aligned with the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights? Details:
Norms-based screens are applied: Issuers identified as failing to behave in a way which meets their fundamental responsibilities in the areas of human rights, labour, environmental and anti-corruption as aligned with international norms including those set out by the OECD Guidelines for Multinational Enterprises, the UN Guiding Principles on Business and Human Rights, the UN Global Compact (UNGC) and the International Labour Organisation (ILO) Conventions, are not considered sustainable investments.
The EU Taxonomy sets out a “do not significant harm” principle by which Taxonomy-aligned investments should not significantly harm EU Taxonomy objectives and is accompanied by specific EU criteria.
The “do no significant harm” principle applies only to those investments underlying the financial product that take into account the EU criteria for environmentally sustainable economic activities. The investments underlying the remaining portion of this financial product do not take into account the EU criteria for environmentally sustainable economic activities.
Any other sustainable investments must also not significantly harm any environmental or social objectives.

###### Does this financial product consider principal adverse impacts on sustainability factors?
Yes
- NoConsideration of the principal adverse impacts on sustainability factors of investment decisions (referred to as principal adverse impacts) is incorporated through a variety of tools, including:
- Due Diligence - analysis of whether impacts on sustainability factors are material and negative.
- ESG rating - Fidelity references ESG ratings which incorporate consideration of material principal adverse impacts such as carbon emissions, employee safety and bribery and corruption, water management and, for sovereign issued securities, ratings used incorporate consideration of material principal adverse impacts such as carbon emissions, social violations and freedom of expression.
- Exclusions - When investing directly in corporate issuers, the fund applies the Exclusions (as defined below) to help mitigate the principal adverse impacts through excluding harmful sectors and prohibiting investment in issuers that breach international standards, such as the UNGC.
- Engagement - Fidelity uses engagement as a tool to better understand principal adverse impacts and, in some circumstances, advocate for mitigating the principal adverse impacts. Fidelity participates in relevant individual and collaborative engagements that target a number of principal adverse impacts (i.e. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Voting - Fidelity’s voting policy includes explicit minimum standards for board gender diversity and engagement with climate change for corporate issuers. Fidelity may also vote to help mitigate principal adverse impacts.
- Quarterly reviews - monitoring of principal adverse impacts through the fund’s quarterly review process.

Fidelity takes into account specific indicators for each sustainability factor when considering whether investments have a principal adverse impact. These indicators are subject to data availability and may evolve with improving data quality and availability.
Information on principal adverse impacts will be available in the annual report of the fund.

###### What investment strategy does this financial product follow?
The investment strategy guides investment decisions based on factors such as investments objectives and risk tolerance.
The fund employs a primarily ‘thematic’ investment strategy to achieve its investment objectives, which includes investing in economic themes that are expected to contribute to a sustainable economy. In addition to theme selection, fundamental research is conducted on individual issuers. As part of the research process, environmental and social governance are considered. The factors considered relevant will vary between different issuers and industries and are integrated into investment decisions.
The fund aims to provide investors with long-term capital growth, principally through investment in the securities of companies throughout the world which are involved in the design, manufacture, or sale of products and services used for or in connection with health care, medicine or biotechnology.
The fund is part of the Fidelity Sustainable Family of funds and adopts a Sustainable Thematic strategy under which a minimum of 90% of the fund’s assets will be analysed as to whether they maintain favourable ESG characteristics and A minimum of 70% of the fund’s assets will be invested in securities with favourable ESG characteristics.
Favourable ESG characteristics are determined by reference to ESG ratings provided by external agencies and Fidelity ESG ratings.
Issuers that are not assessed as having favourable ESG characteristics for the purposes of the primary objective (minimum 70% of assets) are eligible for inclusion, with up to 30% of assets, provided they are able to demonstrate that they are on an improving trajectory with respect to their ESG characteristics.
When selecting investments, the fund’s investment universe will be reduced by at least 20% due to the exclusion of issuers on the basis of their ESG characteristics.
In respect of its direct investments, the fund is subject to:
- a firm-wide exclusions list, which includes cluster munitions and anti-personnel landmines, and
- a principle-based screening policy which includes:
	- norms-based screening of issuers which the Investment Manager considers have failed to conduct their business in accordance with international norms, including as set out in the UNGC; and
	- negative screening of certain sectors, issuers or practices based on specific ESG criteria where revenue thresholds may be applied.


The above exclusions and screens (the “Exclusions”) may be updated from time to time. Please refer to the website for further information Sustainable investing framework(fidelityinternational.com).
The Investment Manager also has discretion to implement enhanced, stricter sustainable requirements and exclusions from time to time.
What are the binding elements of the investment strategy used to select the investments to attain each of the environmental or social characteristics promoted by this financial product?
The fund will invest:
- a minimum of 70% of its assets in issuers with favourable ESG characteristics,
- a minimum of 50% in sustainable investments of which a minimum of 50% have a social objective.

A minimum of 90% of the fund’s assets will be analysed as to whether they maintain favourable ESG characteristics. When selecting investments, the fund’s investment universe will be reduced by at least 20% due to the exclusion of issuers on the basis of their ESG characteristics.
In addition, the fund will systematically apply the Exclusions to direct investments as described above.
What is the committed minimum rate to reduce the scope of the investments considered prior to the application of that investment strategy?
When selecting investments, the fund’s investment universe will be reduced by at least 20% due to the exclusion of issuers on the basis of their ESG characteristics.
Good governance practices include sound management structures, employee relations, remuneration of staff and tax compliance.
What is the policy to assess good governance practices of the investee companies?
The governance practices of issuers are assessed using fundamental research, including Fidelity ESG ratings, data regarding controversies and UN Global Compact violations.
Key points that are analysed include track record of capital allocation, financial transparency, related party transactions, board independence and size, executive pay, auditors and internal oversight, minority shareholder rights, among other indicators.

###### What is the asset allocation planned for this financial product?
Asset allocation describes the share of investments in specific assets.
Taxonomy-aligned activities are expressed as a share of:
- turnover reflecting the share of revenue from green activities of investee companies
- capital expenditure (CapEx) showing the green investments made by investee companies,e.g. for a transition to a green economy.

- operational expenditure (OpEx) reflecting green operational activities of investee companies.
(#1 Aligned with E/S characteristics) The fund will invest:
- a minimum of 70% of its assets in securities of issuers with favourable ESG characteristics;
- a minimum of 50% of its assets in sustainable investments (#1A sustainable) of which a minimum of of 50% have a social objective.

(#1B Other E/S characteristics) Includes securities of issuers with favourable ESG characteristics but are not sustainable investments.
How does the use of derivatives attain the environmental or social characteristics promoted by the financial product?
Where the security underlying a derivative has favourable ESG characteristics in accordance with Fidelity's Sustainable Investing Framework, the derivative may be included in determining the proportion of the fund dedicated to promotion of environmental or social characteristics.
To what minimum extent are sustainable investments with an environmental objective aligned with the EU Taxonomy?
The fund invests a minimum of 0% in sustainable investments with an environmental objective aligned with the EU Taxonomy.
The compliance of the investments of the fund with the EU Taxonomy will not be subject to an assurance by auditors or a review by third parties.
The EU Taxonomy alignment of the underlying investments of the fund is measured by turnover.
Does the financial product invest in fossil gas and/or nuclear energy-related activities that comply with the EU Taxonomy¹?
Yes
No
In fossil gas	In nuclear energy
What is the minimum share of investments in transitional and enabling activities?
The fund invests a minimum of 0% in transitional activities and a minimum of 0% in enabling activities.
What is the minimum share of sustainable investments with an environmental objective that are not aligned with the EU Taxonomy?
The fund does not intend to make sustainable investments with an environmental objective that is not aligned with the EU Taxonomy.
What is the minimum share of socially sustainable investments?
The fund invests a minimum of 50% in sustainable investments with a social objective.
What investments are included under “#2 Other”, what is their purpose and are there any minimum environmental or social safeguards?
The remaining investments of the fund may be invested in securities of issuers that are able to demonstrate that they are on an improving trajectory with respect to their ESG characteristics, as well as cash and cash equivalents for liquidity purposes and derivatives which may be used for investment and efficient portfolio management.
As a minimum environmental and social safeguard, the fund will adhere to the Exclusions.

###### Is a specific index designated as a reference benchmark to determine whether this financial product is aligned with the environmental and/or social characteristics that it promotes?
An index has not been designated as a reference benchmark to determine whether this financial product is aligned with the environmental or social characteristics that it promotes.
¹Fossil gas and/or nuclear related activities will only comply with the EU Taxonomy where they contribute to limiting climate change (“climate change mitigation”) and do not significantly harm any EU Taxonomy objectives - see explanatory note in the left hand margin. The full criteria for fossil gas and nuclear energy economic activities that comply with the EU Taxonomy are laid down in Commission Delegated Regulation (EU) 2022/1214.
Reference benchmarks are indexes to measure whether the financial product attains the environmental or social characteristics that they promote.
How is the reference benchmark continuously aligned with each of the environmental or social characteristics promoted by the financial product?
This question is not applicable.
How is the alignment of the investment strategy with the methodology of the index ensured on a continuous basis?
This question is not applicable.
How does the designated index differ from a relevant broad market index?
This question is not applicable.
Where can the methodology used for the calculation of the designated index be found?
This question is not applicable.

###### 	Where can I find more product specific information online?
More product-specific information can be found on the website: https:/www.fidelity.lu/funds/factsheet/LU0261952419/tab-disclosure#SFDR-disclosure. 
Further information on the methodologies set out herein is available on the website: Sustainable investing framework (fidelityinternational.com).
Pre-contractual disclosure for the financial products referred to in Article 8, paragraphs 1, 2 and 2a, of Regulation (EU) 2019/2088 and Article 6, first paragraph, of Regulation (EU) 2020/852
Product name:	Legal entity identifier:
Fidelity Funds - Sustainable Water & Waste Fund	254900IZ985QWMGJH651

###### Environmental and/or social characteristics
| Does this financial product have a sustainable investment objective? |
| --- |
|  | - Yes
 |  | No |
| - It will make a minimum of sustainable investments with an environmental objective:%
- in economic activities that qualify as environmentally sustainable under the EU Taxonomy
- in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
- It will make a minimum of sustainable investments with a social objective:%
 | It promotes Environmental/Social (E/S) characteristics and while it does not have as its objective a sustainable investment, it will have a minimum proportion of 35% of sustainable investments with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomy with an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy with a social objective - It promotes E/S characteristics, but will not make any sustainable investments
 |

What environmental and/or social characteristics are promoted by this financial product?
Sustainability indicators measure how the environmental or social characteristics promoted by the financial product are attained.
The fund promotes environmental and social characteristics by investing in securities of issuers with favourable ESG characteristics. Favourable ESG characteristics are determined by reference to ESG ratings.
The fund invests in companies involved in the production of water and the treatment, disposal, and recycling of waste.
The fund partially intends to make sustainable investments.
No reference benchmark has been designated for the purpose of attaining the environmental and social characteristics promoted.
What sustainability indicators are used to measure the attainment of each of the environmental or social characteristics promoted by this financial product?
The fund uses the following sustainability indicators in order to measure the attainment of the environmental or social characteristics that it promotes:
- the percentage of the fund invested in securities of issuers having favourable ESG characteristics in accordance with Fidelity’s Sustainable Investing Framework;
- the percentage of the fund invested in securities of issuers with exposure to the Exclusions (defined below);
- the percentage of the fund invested in sustainable investments;
- the percentage of the fund invested in sustainable investments with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomy;
- the percentage of the fund invested in sustainable investments with an environmental objective in economic activities (that do not qualify as environmentally sustainable under the EU Taxonomy); and
- the percentage of the fund invested in sustainable investments with a social objective.

What are the objectives of the sustainable investments that the financial product partially intends to make and how does the sustainable investment contribute to such objectives?
The fund determines a sustainable investment as follows:
- issuers that undertake economic activities that contribute to one or more of the environmental objectives set out in the EU Taxonomy and qualify as environmentally sustainable in accordance with EU Taxonomy; or
- issuers whereby the majority of their business activities (more than 50% of revenue) contribute to environmental or social objectives aligned with one or more of the United Nations Sustainable Development Goals (“SDGs”); or
- issuers which have set a decarbonisation target consistent with a 1.5 degree warming scenario or lower (verified by the Science Based Target Initiative or a Fidelity Proprietary Climate Rating) which would be considered to contribute to environmental objectives;provided they do no significant harm, meet minimum safeguards and good governance criteria.

How do the sustainable investments that the financial product partially intends to make, not cause significant harm to any environmental or social sustainable investment objective?
Sustainable investments are screened for involvement in activities that cause significant harm and controversies, assessed through a check that the issuer meets minimum safeguards and standards that relate to principal adverse impacts (PAIs) as well as for performance on PAI metrics. This includes:
- Norms-based screens - the screening out of securities identified under Fidelity’s existing norms-based screens (as set out below);
- Activity-based screens - the screening out of issuers based on their participation in activities with significant negative impacts on society or the environment, including issuers that are considered to have a ‘Very Severe’ controversy using controversy screens, covering
- environmental issues,
- human rights and communities,
- labour rights and supply chain,
- customers,
- governance; and
	- PAI indicators - quantitative data (where available) on PAI indicators is used to evaluate whether an issuer is involved in activities that cause significant harm to any environmental or social objective.


Principal adverse impacts are the most significant negative impacts of investment decisions on sustainability factors relating to environmental, social and employee matters, respect for human rights, anti- corruption and anti- bribery matters.
How have the indicators for adverse impacts on sustainability factors been taken into account?
For sustainable investments, as set out above, Fidelity undertakes a quantitative evaluation to identify issuers with challenging performance on PAI indicators. Issuers with a low score will be ineligible to be ‘sustainable investments’ unless Fidelity’s fundamental research determines that the issuer is not breaching “do no significant harm” requirements or is on the path to mitigate the adverse impacts through effective management or transition.
How are the sustainable investments aligned with the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights? Details:
Norms-based screens are applied: Issuers identified as failing to behave in a way which meets their fundamental responsibilities in the areas of human rights, labour, environmental and anti-corruption as aligned with international norms including those set out by the OECD Guidelines for Multinational Enterprises, the UN Guiding Principles on Business and Human Rights, the UN Global Compact (UNGC) and the International Labour Organisation (ILO) Conventions, are not considered sustainable investments.
The EU Taxonomy sets out a “do not significant harm” principle by which Taxonomy-aligned investments should not significantly harm EU Taxonomy objectives and is accompanied by specific EU criteria.
The “do no significant harm” principle applies only to those investments underlying the financial product that take into account the EU criteria for environmentally sustainable economic activities. The investments underlying the remaining portion of this financial product do not take into account the EU criteria for environmentally sustainable economic activities.
Any other sustainable investments must also not significantly harm any environmental or social objectives.

###### Does this financial product consider principal adverse impacts on sustainability factors?
Yes
- NoConsideration of the principal adverse impacts on sustainability factors of investment decisions (referred to as principal adverse impacts) is incorporated through a variety of tools, including:
- Due Diligence - analysis of whether impacts on sustainability factors are material and negative.
- ESG rating - Fidelity references ESG ratings which incorporate consideration of material principal adverse impacts such as carbon emissions, employee safety and bribery and corruption, water management and, for sovereign issued securities, ratings used incorporate consideration of material principal adverse impacts such as carbon emissions, social violations and freedom of expression.
- Exclusions - When investing directly in corporate issuers, the fund applies the Exclusions (as defined below) to help mitigate the principal adverse impacts through excluding harmful sectors and prohibiting investment in issuers that breach international standards, such as the UNGC.
- Engagement - Fidelity uses engagement as a tool to better understand principal adverse impacts and, in some circumstances, advocate for mitigating the principal adverse impacts. Fidelity participates in relevant individual and collaborative engagements that target a number of principal adverse impacts (i.e. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Voting - Fidelity’s voting policy includes explicit minimum standards for board gender diversity and engagement with climate change for corporate issuers. Fidelity may also vote to help mitigate principal adverse impacts.
- Quarterly reviews - monitoring of principal adverse impacts through the fund’s quarterly review process.

Fidelity takes into account specific indicators for each sustainability factor when considering whether investments have a principal adverse impact. These indicators are subject to data availability and may evolve with improving data quality and availability.
Information on principal adverse impacts will be available in the annual report of the fund.

###### What investment strategy does this financial product follow?
The investment strategy guides investment decisions based on factors such as investments objectives and risk tolerance.
The fund employs a primarily ‘thematic’ investment strategy to achieve its investment objectives, which includes investing in economic themes that are expected to contribute to a sustainable economy. In addition to theme selection, fundamental research is conducted on individual issuers. As part of the research process, environmental and social governance are considered. The factors considered relevant will vary between different issuers and industries and are integrated into investment decisions.
The fund aims to achieve long-term capital growth from a portfolio primarily made up of securities issued by companies throughout the world and involved in the design, manufacture, or sale of products and services used for or in connection with water and waste management sectors.
The water management sector includes but is not limited to, those companies involved in water production, water conditioning, de-salination, supply, bottling, transport and dispatching of water. The waste management sector includes but is not limited to, those companies involved in the collection, recovery and disposal of waste; including recycling, incineration, anaerobic digestion of food waste (biological processes) and landfilling of residual waste. The sector also includes those companies specialising in the treatment of wastewater, sewage, solid, liquid and chemical waste and any consulting or engineering services in connection with these activities.
The fund is part of the Fidelity Sustainable Family of funds and adopts a Sustainable Thematic strategy under which a minimum of 90% of the fund’s assets will be analysed as to whether they maintain favourable ESG characteristics and A minimum of 70% of the fund’s assets will be invested in securities with favourable ESG characteristics.
Favourable ESG characteristics are determined by reference to ESG ratings provided by external agencies and Fidelity ESG ratings.
Issuers that are not assessed as having favourable ESG characteristics for the purposes of the primary objective (minimum 70% of assets) are eligible for inclusion, with up to 30% of assets, provided they are able to demonstrate that they are on an improving trajectory with respect to their ESG characteristics.
When selecting investments, the fund’s investment universe will be reduced by at least 20% due to the exclusion of issuers on the basis of their ESG characteristics.
In respect of its direct investments, the fund is subject to:
- a firm-wide exclusions list, which includes cluster munitions and anti-personnel landmines, and
- a principle-based screening policy which includes:
	- norms-based screening of issuers which the Investment Manager considers have failed to conduct their business in accordance with international norms, including as set out in the UNGC; and
	- negative screening of certain sectors, issuers or practices based on specific ESG criteria where revenue thresholds may be applied.


The above exclusions and screens (the “Exclusions”) may be updated from time to time. Please refer to the website for further information Sustainable investing framework(fidelityinternational.com).
The Investment Manager also has discretion to implement enhanced, stricter sustainable requirements and exclusions from time to time.
What are the binding elements of the investment strategy used to select the investments to attain each of the environmental or social characteristics promoted by this financial product?
The fund will invest:
- a minimum of 70% of its assets in issuers with favourable ESG characteristics,
- a minimum of 35% in sustainable investments of which 1% have an environmentalobjective (which is aligned with the EU Taxonomy), a minimum of 15% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 1% have a social objective.

A minimum of 90% of the fund’s assets will be analysed as to whether they maintain favourable ESG characteristics. When selecting investments, the fund’s investment universe will be reduced by at least 20% due to the exclusion of issuers on the basis of their ESG characteristics.
In addition, the fund will systematically apply the Exclusions to direct investments as described above.
What is the committed minimum rate to reduce the scope of the investments considered prior to the application of that investment strategy?
When selecting investments, the fund’s investment universe will be reduced by at least 20% due to the exclusion of issuers on the basis of their ESG characteristics.
Good governance practices include sound management structures, employee relations, remuneration of staff and tax compliance.
What is the policy to assess good governance practices of the investee companies?
The governance practices of issuers are assessed using fundamental research, including Fidelity ESG ratings, data regarding controversies and UN Global Compact violations.
Key points that are analysed include track record of capital allocation, financial transparency, related party transactions, board independence and size, executive pay, auditors and internal oversight, minority shareholder rights, among other indicators.

###### What is the asset allocation planned for this financial product?
Asset allocation describes the share of investments in specific assets.
Taxonomy-aligned activities are expressed as a share of:
- turnover reflecting the share of revenue from green activities of investee companies
- capital expenditure (CapEx) showing the green investments made by investee companies,e.g. for a transition to a green economy.

- operational expenditure (OpEx) reflecting green operational activities of investee companies.
(#1 Aligned with E/S characteristics) The fund will invest:
- a minimum of 70% of its assets in securities of issuers with favourable ESG characteristics;
- a minimum of 35% of its assets in sustainable investments (#1A sustainable) of which a minimum of of 1% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 15% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 1% have a social objective. The remaining sustainable investments of the fund may have an environmental or social objective.

(#1B Other E/S characteristics) Includes securities of issuers with favourable ESG characteristics but are not sustainable investments.
How does the use of derivatives attain the environmental or social characteristics promoted by the financial product?
Where the security underlying a derivative has favourable ESG characteristics in accordance with Fidelity's Sustainable Investing Framework, the derivative may be included in determining the proportion of the fund dedicated to promotion of environmental or social characteristics.
To what minimum extent are sustainable investments with an environmental objective aligned with the EU Taxonomy?
The fund invests a minimum of 1% in sustainable investments with an environmental objective aligned with the EU Taxonomy.
The compliance of the investments of the fund with the EU Taxonomy will not be subject to an assurance by auditors or a review by third parties.
The EU Taxonomy alignment of the underlying investments of the fund is measured by turnover.
Does the financial product invest in fossil gas and/or nuclear energy-related activities that comply with the EU Taxonomy¹?
- YesNo
- In fossil gas	In nuclear energyWhat is the minimum share of investments in transitional and enabling activities?

The fund invests a minimum of 0% in transitional activities and a minimum of 0% in enabling activities.
What is the minimum share of sustainable investments with an environmental objective that are not aligned with the EU Taxonomy?
The fund invests a minimum of 15% in sustainable investments with an environmental objective that is not aligned with the EU Taxonomy.
Investments could be aligned with the EU Taxonomy but the Investment Manager is not currently in a position to specify the exact proportion of the fund’s underlying investments which take into account the EU criteria for environmentally sustainable economic activities. However, the position will be kept under review as the underlying rules are finalised and the availability of reliable data increases over time.
¹Fossil gas and/or nuclear related activities will only comply with the EU Taxonomy where they contribute to limiting climate change (“climate change mitigation”) and do not significantly harm any EU Taxonomy objectives - see explanatory note in the left hand margin. The full criteria for fossil gas and nuclear energy economic activities that comply with the EU Taxonomy are laid down in Commission Delegated Regulation (EU) 2022/1214.
What is the minimum share of socially sustainable investments?
The fund invests a minimum of 1% in sustainable investments with a social objective.
What investments are included under “#2 Other”, what is their purpose and are there any minimum environmental or social safeguards?
The remaining investments of the fund may be invested in securities of issuers that are able to demonstrate that they are on an improving trajectory with respect to their ESG characteristics, as well as cash and cash equivalents for liquidity purposes and derivatives which may be used for investment and efficient portfolio management.
As a minimum environmental and social safeguard, the fund will adhere to the Exclusions.

###### Is a specific index designated as a reference benchmark to determine whether this financial product is aligned with the environmental and/or social characteristics that it promotes?
An index has not been designated as a reference benchmark to determine whether this financial product is aligned with the environmental or social characteristics that it promotes.
Reference benchmarks are indexes to measure whether the financial product attains the environmental or social characteristics that they promote.
How is the reference benchmark continuously aligned with each of the environmental or social characteristics promoted by the financial product?
This question is not applicable.
How is the alignment of the investment strategy with the methodology of the index ensured on a continuous basis?
This question is not applicable.
How does the designated index differ from a relevant broad market index?
This question is not applicable.
Where can the methodology used for the calculation of the designated index be found?
This question is not applicable.

###### 	Where can I find more product specific information online?
More product-specific information can be found on the website: https:/www.fidelity.lu/funds/factsheet/LU1892829828/tab-disclosure#SFDR-disclosure. 
Further information on the methodologies set out herein is available on the website: Sustainable investing framework (fidelityinternational.com).
Pre-contractual disclosure for the financial products referred to in Article 8, paragraphs 1, 2 and 2a, of Regulation (EU) 2019/2088 and Article 6, first paragraph, of Regulation (EU) 2020/852
Product name:	Legal entity identifier:
Fidelity Funds - World Fund	5493001CZJOXQY9N2O82

###### Environmental and/or social characteristics
| Does this financial product have a sustainable investment objective? |
| --- |
|  | - Yes
 |  | No |
| - It will make a minimum of sustainable investments with an environmental objective:%
- in economic activities that qualify as environmentally sustainable under the EU Taxonomy
- in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
- It will make a minimum of sustainable investments with a social objective:%
 | It promotes Environmental/Social (E/S) characteristics and while it does not have as its objective a sustainable investment, it will have a minimum proportion of 10% of sustainable investments - with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomywith an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomywith a social objective
- It promotes E/S characteristics, but will not make any sustainable investments
 |

What environmental and/or social characteristics are promoted by this financial product?
Sustainability indicators measure how the environmental or social characteristics promoted by the financial product are attained.
The fund promotes environmental and social characteristics by investing in securities of issuers with favourable ESG characteristics. Favourable ESG characteristics are determined by reference to ESG ratings. ESG ratings consider environmental characteristics including carbon intensity, carbon emissions, energy efficiency, water and waste management and biodiversity, as well as social characteristics including product safety, supply chain, health and safety and human rights.
The fund partially intends to make sustainable investments.
No reference benchmark has been designated for the purpose of attaining the environmental and social characteristics promoted.
What sustainability indicators are used to measure the attainment of each of the environmental or social characteristics promoted by this financial product?
The fund uses the following sustainability indicators in order to measure the attainment of the environmental or social characteristics that it promotes:
- the percentage of the fund invested in securities of issuers with favourable ESG characteristics in accordance with Fidelity’s Sustainable Investing Framework;
- in respect of its direct investments in corporate issuers, the percentage of the fund invested in securities of issuers with exposure to the Exclusions (defined below);
- the percentage of the fund invested in sustainable investments;
- the percentage of the fund invested in sustainable investments with an environmental objective in economic activities (that do not qualify as environmentally sustainable under the EU Taxonomy); and
- the percentage of the fund invested in sustainable investments with a social objective.

What are the objectives of the sustainable investments that the financial product partially intends to make and how does the sustainable investment contribute to such objectives?
The fund determines a sustainable investment as follows:
- issuers that undertake economic activities that contribute to one or more of the environmental objectives set out in the EU Taxonomy and qualify as environmentally sustainable in accordance with EU Taxonomy; or
- issuers whereby the majority of their business activities (more than 50% of revenue) contribute to environmental or social objectives aligned with one or more of the United Nations Sustainable Development Goals (“SDGs”); or
- issuers which have set a decarbonisation target consistent with a 1.5 degree warming scenario or lower (verified by the Science Based Target Initiative or a Fidelity Proprietary Climate Rating) which would be considered to contribute to environmental objectives;provided they do no significant harm, meet minimum safeguards and good governance criteria.

How do the sustainable investments that the financial product partially intends to make, not cause significant harm to any environmental or social sustainable investment objective?
Sustainable investments are screened for involvement in activities that cause significant harm and controversies, assessed through a check that the issuer meets minimum safeguards and standards that relate to principal adverse impacts (PAIs) as well as performance on PAI metrics. This includes:
- Norms-based screens - the screening out of securities identified under Fidelity’s existing norms-based screens (as set out below);
- Activity-based screens - the screening out of issuers based on their participation in activities with significant negative impacts on society or the environment, including issuers that are considered to have a ‘Very Severe’ controversy using controversy screens, covering
- environmental issues,
- human rights and communities,
- labour rights and supply chain,
- customers,
- governance; and
	- PAI indicators - quantitative data (where available) on PAI indicators is used to evaluate whether an issuer is involved in activities that cause significant harm to any environmental or social objective.


Principal adverse impacts are the most significant negative impacts of investment decisions on sustainability factors relating to environmental, social and employee matters, respect for human rights, anti- corruption and anti- bribery matters.
How have the indicators for adverse impacts on sustainability factors been taken into account?
For sustainable investments, as set out above, Fidelity undertakes a quantitative evaluation to identify issuers with challenging performance on PAI indicators. Issuers with a low score will be ineligible to be ‘sustainable investments’ unless Fidelity’s fundamental research determines that the issuer is not breaching “do no significant harm” requirements, or is on the path to mitigate the adverse impacts through effective management or transition.
How are the sustainable investments aligned with the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights? Details:
Norms-based screens are applied: Issuers identified as failing to behave in a way which meets their fundamental responsibilities in the areas of human rights, labour, environmental and anti-corruption as aligned with international norms including those set out by the OECD Guidelines for Multinational Enterprises, the UN Guiding Principles on Business and Human Rights, the UN Global Compact (UNGC) and the International Labour Organisation (ILO) Conventions, are not considered sustainable investments.
The EU Taxonomy sets out a “do not significant harm” principle by which Taxonomy-aligned investments should not significantly harm EU Taxonomy objectives and is accompanied by specific EU criteria.
The “do no significant harm” principle applies only to those investments underlying the financial product that take into account the EU criteria for environmentally sustainable economic activities. The investments underlying the remaining portion of this financial product do not take into account the EU criteria for environmentally sustainable economic activities.
Any other sustainable investments must also not significantly harm any environmental or social objectives.

###### Does this financial product consider principal adverse impacts on sustainability factors?
Yes
- NoConsideration of the principal adverse impacts on sustainability factors of investment decisions (referred to as principal adverse impacts) is incorporated through a variety of tools, including:
- Due Diligence - analysis of whether impacts on sustainability factors are material and negative.
- ESG rating - Fidelity references ESG ratings which incorporate consideration of material principal adverse impacts such as carbon emissions, employee safety and bribery and corruption, water management and, for sovereign issued securities, ratings used incorporate consideration of material principal adverse impacts such as carbon emissions, social violations and freedom of expression.
- Exclusions - When investing directly in corporate issuers, the fund applies the Exclusions (as defined below) to help mitigate the principal adverse impacts through excluding harmful sectors and prohibiting investment in issuers that breach international standards, such as the UNGC.
- Engagement - Fidelity uses engagement as a tool to better understand principal adverse impacts and, in some circumstances, advocate for mitigating the principal adverse impacts. Fidelity participates in relevant individual and collaborative engagements that target a number of principal adverse impacts (i.e. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Voting - Fidelity’s voting policy includes explicit minimum standards for board gender diversity and engagement with climate change for corporate issuers. Fidelity may also vote to help mitigate principal adverse impacts.
- Quarterly reviews - monitoring of principal adverse impacts through the fund’s quarterly review process.

Fidelity takes into account specific indicators for each sustainability factor when considering whether investments have a principal adverse impact. These indicators are subject to data availability and may evolve with improving data quality and availability.
Information on principal adverse impacts will be available in the annual report of the fund.
The investment strategy guides investment decisions based on factors such as investments objectives and risk tolerance.

######  What investment strategy does this financial product follow?
A minimum of 50% of the fund’s assets will be invested in securities with favourable ESG characteristics.
Favourable ESG characteristics are determined by reference to ESG ratings provided by external agencies and Fidelity ESG ratings.
Within this investment universe, the Investment Manager selects stocks through rigorous bottom-up financial analysis and valuation to select stocks with strong investment return potential.
In respect of its direct investments in corporate issuers, the fund is subject to:
- a firm-wide exclusions list, which includes cluster munitions and anti-personnel landmines, and
- a norms-based screening of issuers which the Investment Manager considers have failed to conduct their business in accordance with international norms, including as set out in the UNGC.

The above exclusions and screens (the “Exclusions”) may be updated from time to time. Please refer to the website for further information Sustainable investing framework(fidelityinternational.com).
The Investment Manager also has discretion to implement enhanced, stricter sustainable requirements and exclusions from time to time.
What are the binding elements of the investment strategy used to select the investments to attain each of the environmental or social characteristics promoted by this financial product?
The fund will invest:
- a minimum of 50% of its assets in issuers with favourable ESG characteristics,
- a minimum of 10% in sustainable investments of which a minimum of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 5% have a social objective.

In addition, the fund will systematically apply the Exclusions as described above.
What is the committed minimum rate to reduce the scope of the investments considered prior to the application of that investment strategy?
This question is not applicable.
Good governance practices include sound management structures, employee relations, remuneration of staff and tax compliance.
What is the policy to assess good governance practices of the investee companies?
The governance practices of issuers are assessed using fundamental research, including Fidelity ESG ratings, data regarding controversies and UN Global Compact violations.
Key points that are analysed include track record of capital allocation, financial transparency, related party transactions, board independence and size, executive pay, auditors and internal oversight, minority shareholder rights, among other indicators.
Asset allocation describes the share of investments in specific assets.
Taxonomy-aligned activities are expressed as a share of:
- turnover reflecting the share of revenue from green activities of investee companies
- capital expenditure (CapEx) showing the green investments made by investee companies,e.g. for a transition to a green economy.

- operational expenditure (OpEx) reflecting green operational activities of investee companies.

###### 	What is the asset allocation planned for this financial product?
(#1 Aligned with E/S characteristics) The fund aims to invest:
- a minimum of 50% of its assets in securities of issuers with favourable ESG characteristics,
- A minimum of 10% of its assets in sustainable investments (#1A sustainable) of whicha minimum of of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 5% have a social objective. The remaining sustainable investments of the fund may have an environmental or social objective.

(#1B Other E/S characteristics) Includes securities of issuers with favourable ESG characteristics but are not sustainable investments.
How does the use of derivatives attain the environmental or social characteristics promoted by the financial product?
Where the security underlying a derivative has favourable ESG characteristics in accordance with Fidelity's Sustainable Investing Framework, the derivative may be included in determining the proportion of the fund dedicated to promotion of environmental or social characteristics.
To what minimum extent are sustainable investments with an environmental objective aligned with the EU Taxonomy?
The fund invests a minimum of 0% in sustainable investments with an environmental objective aligned with the EU Taxonomy.
The compliance of the investments of the fund with the EU Taxonomy will not be subject to an assurance by auditors or a review by third parties.
The EU Taxonomy alignment of the underlying investments of the fund is measured by turnover.
Does the financial product invest in fossil gas and/or nuclear energy-related activities that comply with the EU Taxonomy¹?
- YesNo
- In fossil gas	In nuclear energyWhat is the minimum share of investments in transitional and enabling activities?

The fund invests a minimum of 0% in transitional activities and a minimum of 0% in enabling activities.
What is the minimum share of sustainable investments with an environmental objective that are not aligned with the EU Taxonomy?
The fund invests a minimum of 1% in sustainable investments with an environmental objective that is not aligned with the EU Taxonomy.
Investments could be aligned with the EU Taxonomy but the Investment Manager is not currently in a position to specify the exact proportion of the fund’s underlying investments which take into account the EU criteria for environmentally sustainable economic activities. However, the position will be kept under review as the underlying rules are finalised and the availability of reliable data increases over time.
¹Fossil gas and/or nuclear related activities will only comply with the EU Taxonomy where they contribute to limiting climate change (“climate change mitigation”) and do not significantly harm any EU Taxonomy objectives - see explanatory note in the left hand margin. The full criteria for fossil gas and nuclear energy economic activities that comply with the EU Taxonomy are laid down in Commission Delegated Regulation (EU) 2022/1214.
What is the minimum share of socially sustainable investments?
The fund invests a minimum of 5% in sustainable investments with a social objective.
What investments are included under “#2 Other”, what is their purpose and are there any minimum environmental or social safeguards?
The remaining investments of the fund will be invested in assets aligned with the financial objective of the fund, cash and cash equivalents for liquidity purposes and derivatives which may be used for investment and efficient portfolio management.
As a minimum environmental and social safeguard, the fund will adhere to the Exclusions.

###### Is a specific index designated as a reference benchmark to determine whether this financial product is aligned with the environmental and/or social characteristics that it promotes?
An index has not been designated as a reference benchmark to determine whether this financial product is aligned with the environmental or social characteristics that it promotes.
Reference benchmarks are indexes to measure whether the financial product attains the environmental or social characteristics that they promote.
How is the reference benchmark continuously aligned with each of the environmental or social characteristics promoted by the financial product?
This question is not applicable.
How is the alignment of the investment strategy with the methodology of the index ensured on a continuous basis?
This question is not applicable.
How does the designated index differ from a relevant broad market index?
This question is not applicable.
Where can the methodology used for the calculation of the designated index be found?
This question is not applicable.

###### 	Where can I find more product specific information online?
More product-specific information can be found on the website: https:/www.fidelity.lu/funds/factsheet/LU1261432659/tab-disclosure#SFDR-disclosure. 
Further information on the methodologies set out herein is available on the website: Sustainable investing framework (fidelityinternational.com).
Pre-contractual disclosure for the financial products referred to in Article 8, paragraphs 1, 2 and 2a, of Regulation (EU) 2019/2088 and Article 6, first paragraph, of Regulation (EU) 2020/852
Product name:	Legal entity identifier:
Fidelity Funds - America Fund	549300V54PMROCISWF43

###### Environmental and/or social characteristics
| Does this financial product have a sustainable investment objective? |
| --- |
|  | - Yes
 |  | No |
| - It will make a minimum of sustainable investments with an environmental objective:%
- in economic activities that qualify as environmentally sustainable under the EU Taxonomy
- in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
- It will make a minimum of sustainable investments with a social objective:%
 | It promotes Environmental/Social (E/S) characteristics and while it does not have as its objective a sustainable investment, it will have a minimum proportion of 10% of sustainable investments - with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomywith an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomywith a social objective
- It promotes E/S characteristics, but will not make any sustainable investments
 |

What environmental and/or social characteristics are promoted by this financial product?
Sustainability indicators measure how the environmental or social characteristics promoted by the financial product are attained.
The fund promotes environmental and social characteristics by investing in securities of issuers with favourable ESG characteristics. Favourable ESG characteristics are determined by reference to ESG ratings. ESG ratings consider environmental characteristics including carbon intensity, carbon emissions, energy efficiency, water and waste management and biodiversity, as well as social characteristics including product safety, supply chain, health and safety and human rights.
The fund partially intends to make sustainable investments.
No reference benchmark has been designated for the purpose of attaining the environmental and social characteristics promoted.
What sustainability indicators are used to measure the attainment of each of the environmental or social characteristics promoted by this financial product?
The fund uses the following sustainability indicators in order to measure the attainment of the environmental or social characteristics that it promotes:
- the percentage of the fund invested in securities of issuers with favourable ESG characteristics in accordance with Fidelity’s Sustainable Investing Framework;
- in respect of its direct investments in corporate issuers, the percentage of the fund invested in securities of issuers with exposure to the Exclusions (defined below);
- the percentage of the fund invested in sustainable investments;
- the percentage of the fund invested in sustainable investments with an environmental objective in economic activities (that do not qualify as environmentally sustainable under the EU Taxonomy); and
- the percentage of the fund invested in sustainable investments with a social objective.

What are the objectives of the sustainable investments that the financial product partially intends to make and how does the sustainable investment contribute to such objectives?
The fund determines a sustainable investment as follows:
- issuers that undertake economic activities that contribute to one or more of the environmental objectives set out in the EU Taxonomy and qualify as environmentally sustainable in accordance with EU Taxonomy; or
- issuers whereby the majority of their business activities (more than 50% of revenue) contribute to environmental or social objectives aligned with one or more of the United Nations Sustainable Development Goals (“SDGs”); or
- issuers which have set a decarbonisation target consistent with a 1.5 degree warming scenario or lower (verified by the Science Based Target Initiative or a Fidelity Proprietary Climate Rating) which would be considered to contribute to environmental objectives;provided they do no significant harm, meet minimum safeguards and good governance criteria.

How do the sustainable investments that the financial product partially intends to make, not cause significant harm to any environmental or social sustainable investment objective?
Sustainable investments are screened for involvement in activities that cause significant harm and controversies, assessed through a check that the issuer meets minimum safeguards and standards that relate to principal adverse impacts (PAIs) as well as performance on PAI metrics. This includes:
- Norms-based screens - the screening out of securities identified under Fidelity’s existing norms-based screens (as set out below);
- Activity-based screens - the screening out of issuers based on their participation in activities with significant negative impacts on society or the environment, including issuers that are considered to have a ‘Very Severe’ controversy using controversy screens, covering
- environmental issues,
- human rights and communities,
- labour rights and supply chain,
- customers,
- governance; and
	- PAI indicators - quantitative data (where available) on PAI indicators is used to evaluate whether an issuer is involved in activities that cause significant harm to any environmental or social objective.


Principal adverse impacts are the most significant negative impacts of investment decisions on sustainability factors relating to environmental, social and employee matters, respect for human rights, anti- corruption and anti- bribery matters.
How have the indicators for adverse impacts on sustainability factors been taken into account?
For sustainable investments, as set out above, Fidelity undertakes a quantitative evaluation to identify issuers with challenging performance on PAI indicators. Issuers with a low score will be ineligible to be ‘sustainable investments’ unless Fidelity’s fundamental research determines that the issuer is not breaching “do no significant harm” requirements, or is on the path to mitigate the adverse impacts through effective management or transition.
How are the sustainable investments aligned with the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights? Details:
Norms-based screens are applied: Issuers identified as failing to behave in a way which meets their fundamental responsibilities in the areas of human rights, labour, environmental and anti-corruption as aligned with international norms including those set out by the OECD Guidelines for Multinational Enterprises, the UN Guiding Principles on Business and Human Rights, the UN Global Compact (UNGC) and the International Labour Organisation (ILO) Conventions, are not considered sustainable investments.
The EU Taxonomy sets out a “do not significant harm” principle by which Taxonomy-aligned investments should not significantly harm EU Taxonomy objectives and is accompanied by specific EU criteria.
The “do no significant harm” principle applies only to those investments underlying the financial product that take into account the EU criteria for environmentally sustainable economic activities. The investments underlying the remaining portion of this financial product do not take into account the EU criteria for environmentally sustainable economic activities.
Any other sustainable investments must also not significantly harm any environmental or social objectives.

###### Does this financial product consider principal adverse impacts on sustainability factors?
Yes
- NoConsideration of the principal adverse impacts on sustainability factors of investment decisions (referred to as principal adverse impacts) is incorporated through a variety of tools, including:
- Due Diligence - analysis of whether impacts on sustainability factors are material and negative.
- ESG rating - Fidelity references ESG ratings which incorporate consideration of material principal adverse impacts such as carbon emissions, employee safety and bribery and corruption, water management and, for sovereign issued securities, ratings used incorporate consideration of material principal adverse impacts such as carbon emissions, social violations and freedom of expression.
- Exclusions - When investing directly in corporate issuers, the fund applies the Exclusions (as defined below) to help mitigate the principal adverse impacts through excluding harmful sectors and prohibiting investment in issuers that breach international standards, such as the UNGC.
- Engagement - Fidelity uses engagement as a tool to better understand principal adverse impacts and, in some circumstances, advocate for mitigating the principal adverse impacts. Fidelity participates in relevant individual and collaborative engagements that target a number of principal adverse impacts (i.e. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Voting - Fidelity’s voting policy includes explicit minimum standards for board gender diversity and engagement with climate change for corporate issuers. Fidelity may also vote to help mitigate principal adverse impacts.
- Quarterly reviews - monitoring of principal adverse impacts through the fund’s quarterly review process.

Fidelity takes into account specific indicators for each sustainability factor when considering whether investments have a principal adverse impact. These indicators are subject to data availability and may evolve with improving data quality and availability.
Information on principal adverse impacts will be available in the annual report of the fund.
The investment strategy guides investment decisions based on factors such as investments objectives and risk tolerance.

######  What investment strategy does this financial product follow?
A minimum of 50% of the fund’s assets will be invested in securities with favourable ESG characteristics.
Favourable ESG characteristics are determined by reference to ESG ratings provided by external agencies and Fidelity ESG ratings.
Within this investment universe, the Investment Manager selects stocks through rigorous bottom-up financial analysis and valuation to select stocks with strong investment return potential.
In respect of its direct investments in corporate issuers, the fund is subject to:
- a firm-wide exclusions list, which includes cluster munitions and anti-personnel landmines, and
- a norms-based screening of issuers which the Investment Manager considers have failed to conduct their business in accordance with international norms, including as set out in the UNGC.

The above exclusions and screens (the “Exclusions”) may be updated from time to time. Please refer to the website for further information Sustainable investing framework(fidelityinternational.com).
The Investment Manager also has discretion to implement enhanced, stricter sustainable requirements and exclusions from time to time.
What are the binding elements of the investment strategy used to select the investments to attain each of the environmental or social characteristics promoted by this financial product?
The fund will invest:
- a minimum of 50% of its assets in issuers with favourable ESG characteristics,
- a minimum of 10% in sustainable investments of which a minimum of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 5% have a social objective.

In addition, the fund will systematically apply the Exclusions as described above.
What is the committed minimum rate to reduce the scope of the investments considered prior to the application of that investment strategy?
This question is not applicable.
Good governance practices include sound management structures, employee relations, remuneration of staff and tax compliance.
What is the policy to assess good governance practices of the investee companies?
The governance practices of issuers are assessed using fundamental research, including Fidelity ESG ratings, data regarding controversies and UN Global Compact violations.
Key points that are analysed include track record of capital allocation, financial transparency, related party transactions, board independence and size, executive pay, auditors and internal oversight, minority shareholder rights, among other indicators.
Asset allocation describes the share of investments in specific assets.
Taxonomy-aligned activities are expressed as a share of:
- turnover reflecting the share of revenue from green activities of investee companies
- capital expenditure (CapEx) showing the green investments made by investee companies,e.g. for a transition to a green economy.

- operational expenditure (OpEx) reflecting green operational activities of investee companies.

###### 	What is the asset allocation planned for this financial product?
(#1 Aligned with E/S characteristics) The fund aims to invest:
- a minimum of 50% of its assets in securities of issuers with favourable ESG characteristics,
- A minimum of 10% of its assets in sustainable investments (#1A sustainable) of whicha minimum of of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 5% have a social objective. The remaining sustainable investments of the fund may have an environmental or social objective.

(#1B Other E/S characteristics) Includes securities of issuers with favourable ESG characteristics but are not sustainable investments.
How does the use of derivatives attain the environmental or social characteristics promoted by the financial product?
Where the security underlying a derivative has favourable ESG characteristics in accordance with Fidelity's Sustainable Investing Framework, the derivative may be included in determining the proportion of the fund dedicated to promotion of environmental or social characteristics.
To what minimum extent are sustainable investments with an environmental objective aligned with the EU Taxonomy?
The fund invests a minimum of 0% in sustainable investments with an environmental objective aligned with the EU Taxonomy.
The compliance of the investments of the fund with the EU Taxonomy will not be subject to an assurance by auditors or a review by third parties.
The EU Taxonomy alignment of the underlying investments of the fund is measured by turnover.
Does the financial product invest in fossil gas and/or nuclear energy-related activities that comply with the EU Taxonomy¹?
- YesNo
- In fossil gas	In nuclear energyWhat is the minimum share of investments in transitional and enabling activities?

The fund invests a minimum of 0% in transitional activities and a minimum of 0% in enabling activities.
What is the minimum share of sustainable investments with an environmental objective that are not aligned with the EU Taxonomy?
The fund invests a minimum of 1% in sustainable investments with an environmental objective that is not aligned with the EU Taxonomy.
Investments could be aligned with the EU Taxonomy but the Investment Manager is not currently in a position to specify the exact proportion of the fund’s underlying investments which take into account the EU criteria for environmentally sustainable economic activities. However, the position will be kept under review as the underlying rules are finalised and the availability of reliable data increases over time.
¹Fossil gas and/or nuclear related activities will only comply with the EU Taxonomy where they contribute to limiting climate change (“climate change mitigation”) and do not significantly harm any EU Taxonomy objectives - see explanatory note in the left hand margin. The full criteria for fossil gas and nuclear energy economic activities that comply with the EU Taxonomy are laid down in Commission Delegated Regulation (EU) 2022/1214.
What is the minimum share of socially sustainable investments?
The fund invests a minimum of 5% in sustainable investments with a social objective.
What investments are included under “#2 Other”, what is their purpose and are there any minimum environmental or social safeguards?
The remaining investments of the fund will be invested in assets aligned with the financial objective of the fund, cash and cash equivalents for liquidity purposes and derivatives which may be used for investment and efficient portfolio management.
As a minimum environmental and social safeguard, the fund will adhere to the Exclusions.

###### Is a specific index designated as a reference benchmark to determine whether this financial product is aligned with the environmental and/or social characteristics that it promotes?
An index has not been designated as a reference benchmark to determine whether this financial product is aligned with the environmental or social characteristics that it promotes.
Reference benchmarks are indexes to measure whether the financial product attains the environmental or social characteristics that they promote.
How is the reference benchmark continuously aligned with each of the environmental or social characteristics promoted by the financial product?
This question is not applicable.
How is the alignment of the investment strategy with the methodology of the index ensured on a continuous basis?
This question is not applicable.
How does the designated index differ from a relevant broad market index?
This question is not applicable.
Where can the methodology used for the calculation of the designated index be found?
This question is not applicable.

###### 	Where can I find more product specific information online?
More product-specific information can be found on the website: https:/www.fidelity.lu/funds/factsheet/LU0251127410/tab-disclosure#SFDR-disclosure. 
Further information on the methodologies set out herein is available on the website: Sustainable investing framework (fidelityinternational.com).
Pre-contractual disclosure for the financial products referred to in Article 8, paragraphs 1, 2 and 2a, of Regulation (EU) 2019/2088 and Article 6, first paragraph, of Regulation (EU) 2020/852
Product name:	Legal entity identifier:
Fidelity Funds - American Growth Fund	5493006HJTUO3KW6WK77

###### Environmental and/or social characteristics
| Does this financial product have a sustainable investment objective? |
| --- |
|  | - Yes
 |  | No |
| - It will make a minimum of sustainable investments with an environmental objective:%
- in economic activities that qualify as environmentally sustainable under the EU Taxonomy
- in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
- It will make a minimum of sustainable investments with a social objective:%
 | It promotes Environmental/Social (E/S) characteristics and while it does not have as its objective a sustainable investment, it will have a minimum proportion of 5% of sustainable investments - with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomywith an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomywith a social objective
- It promotes E/S characteristics, but will not make any sustainable investments
 |

What environmental and/or social characteristics are promoted by this financial product?
Sustainability indicators measure how the environmental or social characteristics promoted by the financial product are attained.
The fund promotes environmental and social characteristics by investing in securities of issuers with favourable ESG characteristics. Favourable ESG characteristics are determined by reference to ESG ratings. ESG ratings consider environmental characteristics including carbon intensity, carbon emissions, energy efficiency, water and waste management and biodiversity, as well as social characteristics including product safety, supply chain, health and safety and human rights.
The fund partially intends to make sustainable investments.
No reference benchmark has been designated for the purpose of attaining the environmental and social characteristics promoted.
What sustainability indicators are used to measure the attainment of each of the environmental or social characteristics promoted by this financial product?
The fund uses the following sustainability indicators in order to measure the attainment of the environmental or social characteristics that it promotes:
- the percentage of the fund invested in securities of issuers with favourable ESG characteristics in accordance with Fidelity’s Sustainable Investing Framework;
- in respect of its direct investments in corporate issuers, the percentage of the fund invested in securities of issuers with exposure to the Exclusions (defined below);
- the percentage of the fund invested in sustainable investments;
- the percentage of the fund invested in sustainable investments with an environmental objective in economic activities (that do not qualify as environmentally sustainable under the EU Taxonomy); and
- the percentage of the fund invested in sustainable investments with a social objective.

What are the objectives of the sustainable investments that the financial product partially intends to make and how does the sustainable investment contribute to such objectives?
The fund determines a sustainable investment as follows:
- issuers that undertake economic activities that contribute to one or more of the environmental objectives set out in the EU Taxonomy and qualify as environmentally sustainable in accordance with EU Taxonomy; or
- issuers whereby the majority of their business activities (more than 50% of revenue) contribute to environmental or social objectives aligned with one or more of the United Nations Sustainable Development Goals (“SDGs”); or
- issuers which have set a decarbonisation target consistent with a 1.5 degree warming scenario or lower (verified by the Science Based Target Initiative or a Fidelity Proprietary Climate Rating) which would be considered to contribute to environmental objectives;provided they do no significant harm, meet minimum safeguards and good governance criteria.

How do the sustainable investments that the financial product partially intends to make, not cause significant harm to any environmental or social sustainable investment objective?
Sustainable investments are screened for involvement in activities that cause significant harm and controversies, assessed through a check that the issuer meets minimum safeguards and standards that relate to principal adverse impacts (PAIs) as well as performance on PAI metrics. This includes:
- Norms-based screens - the screening out of securities identified under Fidelity’s existing norms-based screens (as set out below);
- Activity-based screens - the screening out of issuers based on their participation in activities with significant negative impacts on society or the environment, including issuers that are considered to have a ‘Very Severe’ controversy using controversy screens, covering
- environmental issues,
- human rights and communities,
- labour rights and supply chain,
- customers,
- governance; and
	- PAI indicators - quantitative data (where available) on PAI indicators is used to evaluate whether an issuer is involved in activities that cause significant harm to any environmental or social objective.


Principal adverse impacts are the most significant negative impacts of investment decisions on sustainability factors relating to environmental, social and employee matters, respect for human rights, anti- corruption and anti- bribery matters.
How have the indicators for adverse impacts on sustainability factors been taken into account?
For sustainable investments, as set out above, Fidelity undertakes a quantitative evaluation to identify issuers with challenging performance on PAI indicators. Issuers with a low score will be ineligible to be ‘sustainable investments’ unless Fidelity’s fundamental research determines that the issuer is not breaching “do no significant harm” requirements, or is on the path to mitigate the adverse impacts through effective management or transition.
How are the sustainable investments aligned with the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights? Details:
Norms-based screens are applied: Issuers identified as failing to behave in a way which meets their fundamental responsibilities in the areas of human rights, labour, environmental and anti-corruption as aligned with international norms including those set out by the OECD Guidelines for Multinational Enterprises, the UN Guiding Principles on Business and Human Rights, the UN Global Compact (UNGC) and the International Labour Organisation (ILO) Conventions, are not considered sustainable investments.
The EU Taxonomy sets out a “do not significant harm” principle by which Taxonomy-aligned investments should not significantly harm EU Taxonomy objectives and is accompanied by specific EU criteria.
The “do no significant harm” principle applies only to those investments underlying the financial product that take into account the EU criteria for environmentally sustainable economic activities. The investments underlying the remaining portion of this financial product do not take into account the EU criteria for environmentally sustainable economic activities.
Any other sustainable investments must also not significantly harm any environmental or social objectives.

###### Does this financial product consider principal adverse impacts on sustainability factors?
Yes
- NoConsideration of the principal adverse impacts on sustainability factors of investment decisions (referred to as principal adverse impacts) is incorporated through a variety of tools, including:
- Due Diligence - analysis of whether impacts on sustainability factors are material and negative.
- ESG rating - Fidelity references ESG ratings which incorporate consideration of material principal adverse impacts such as carbon emissions, employee safety and bribery and corruption, water management and, for sovereign issued securities, ratings used incorporate consideration of material principal adverse impacts such as carbon emissions, social violations and freedom of expression.
- Exclusions - When investing directly in corporate issuers, the fund applies the Exclusions (as defined below) to help mitigate the principal adverse impacts through excluding harmful sectors and prohibiting investment in issuers that breach international standards, such as the UNGC.
- Engagement - Fidelity uses engagement as a tool to better understand principal adverse impacts and, in some circumstances, advocate for mitigating the principal adverse impacts. Fidelity participates in relevant individual and collaborative engagements that target a number of principal adverse impacts (i.e. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Voting - Fidelity’s voting policy includes explicit minimum standards for board gender diversity and engagement with climate change for corporate issuers. Fidelity may also vote to help mitigate principal adverse impacts.
- Quarterly reviews - monitoring of principal adverse impacts through the fund’s quarterly review process.

Fidelity takes into account specific indicators for each sustainability factor when considering whether investments have a principal adverse impact. These indicators are subject to data availability and may evolve with improving data quality and availability.
Information on principal adverse impacts will be available in the annual report of the fund.
The investment strategy guides investment decisions based on factors such as investments objectives and risk tolerance.

######  What investment strategy does this financial product follow?
A minimum of 50% of the fund’s assets will be invested in securities with favourable ESG characteristics.
Favourable ESG characteristics are determined by reference to ESG ratings provided by external agencies and Fidelity ESG ratings.
Within this investment universe, the Investment Manager selects stocks through rigorous bottom-up financial analysis and valuation to select stocks with strong investment return potential.
In respect of its direct investments in corporate issuers, the fund is subject to:
- a firm-wide exclusions list, which includes cluster munitions and anti-personnel landmines, and
- a norms-based screening of issuers which the Investment Manager considers have failed to conduct their business in accordance with international norms, including as set out in the UNGC.

The above exclusions and screens (the “Exclusions”) may be updated from time to time. Please refer to the website for further information Sustainable investing framework(fidelityinternational.com).
The Investment Manager also has discretion to implement enhanced, stricter sustainable requirements and exclusions from time to time.
What are the binding elements of the investment strategy used to select the investments to attain each of the environmental or social characteristics promoted by this financial product?
The fund will invest:
- a minimum of 50% of its assets in issuers with favourable ESG characteristics,
- a minimum of 5% in sustainable investments of which a minimum of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 1% have a social objective.

In addition, the fund will systematically apply the Exclusions as described above.
What is the committed minimum rate to reduce the scope of the investments considered prior to the application of that investment strategy?
This question is not applicable.
Good governance practices include sound management structures, employee relations, remuneration of staff and tax compliance.
What is the policy to assess good governance practices of the investee companies?
The governance practices of issuers are assessed using fundamental research, including Fidelity ESG ratings, data regarding controversies and UN Global Compact violations.
Key points that are analysed include track record of capital allocation, financial transparency, related party transactions, board independence and size, executive pay, auditors and internal oversight, minority shareholder rights, among other indicators.
Asset allocation describes the share of investments in specific assets.
Taxonomy-aligned activities are expressed as a share of:
- turnover reflecting the share of revenue from green activities of investee companies
- capital expenditure (CapEx) showing the green investments made by investee companies,e.g. for a transition to a green economy.

- operational expenditure (OpEx) reflecting green operational activities of investee companies.

###### 	What is the asset allocation planned for this financial product?
(#1 Aligned with E/S characteristics) The fund aims to invest:
- a minimum of 50% of its assets in securities of issuers with favourable ESG characteristics,
- A minimum of 5% of its assets in sustainable investments (#1A sustainable) of which a minimum of of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 1% have a social objective. The remaining sustainable investments of the fund may have an environmental or social objective.

(#1B Other E/S characteristics) Includes securities of issuers with favourable ESG characteristics but are not sustainable investments.
How does the use of derivatives attain the environmental or social characteristics promoted by the financial product?
Where the security underlying a derivative has favourable ESG characteristics in accordance with Fidelity's Sustainable Investing Framework, the derivative may be included in determining the proportion of the fund dedicated to promotion of environmental or social characteristics.
To what minimum extent are sustainable investments with an environmental objective aligned with the EU Taxonomy?
The fund invests a minimum of 0% in sustainable investments with an environmental objective aligned with the EU Taxonomy.
The compliance of the investments of the fund with the EU Taxonomy will not be subject to an assurance by auditors or a review by third parties.
The EU Taxonomy alignment of the underlying investments of the fund is measured by turnover.
Does the financial product invest in fossil gas and/or nuclear energy-related activities that comply with the EU Taxonomy¹?
- YesNo
- In fossil gas	In nuclear energyWhat is the minimum share of investments in transitional and enabling activities?

The fund invests a minimum of 0% in transitional activities and a minimum of 0% in enabling activities.
What is the minimum share of sustainable investments with an environmental objective that are not aligned with the EU Taxonomy?
The fund invests a minimum of 1% in sustainable investments with an environmental objective that is not aligned with the EU Taxonomy.
Investments could be aligned with the EU Taxonomy but the Investment Manager is not currently in a position to specify the exact proportion of the fund’s underlying investments which take into account the EU criteria for environmentally sustainable economic activities. However, the position will be kept under review as the underlying rules are finalised and the availability of reliable data increases over time.
¹Fossil gas and/or nuclear related activities will only comply with the EU Taxonomy where they contribute to limiting climate change (“climate change mitigation”) and do not significantly harm any EU Taxonomy objectives - see explanatory note in the left hand margin. The full criteria for fossil gas and nuclear energy economic activities that comply with the EU Taxonomy are laid down in Commission Delegated Regulation (EU) 2022/1214.
What is the minimum share of socially sustainable investments?
The fund invests a minimum of 1% in sustainable investments with a social objective.
What investments are included under “#2 Other”, what is their purpose and are there any minimum environmental or social safeguards?
The remaining investments of the fund will be invested in assets aligned with the financial objective of the fund, cash and cash equivalents for liquidity purposes and derivatives which may be used for investment and efficient portfolio management.
As a minimum environmental and social safeguard, the fund will adhere to the Exclusions.

###### Is a specific index designated as a reference benchmark to determine whether this financial product is aligned with the environmental and/or social characteristics that it promotes?
An index has not been designated as a reference benchmark to determine whether this financial product is aligned with the environmental or social characteristics that it promotes.
Reference benchmarks are indexes to measure whether the financial product attains the environmental or social characteristics that they promote.
How is the reference benchmark continuously aligned with each of the environmental or social characteristics promoted by the financial product?
This question is not applicable.
How is the alignment of the investment strategy with the methodology of the index ensured on a continuous basis?
This question is not applicable.
How does the designated index differ from a relevant broad market index?
This question is not applicable.
Where can the methodology used for the calculation of the designated index be found?
This question is not applicable.

###### 	Where can I find more product specific information online?
More product-specific information can be found on the website: https:/www.fidelity.lu/funds/factsheet/LU0275692696/tab-disclosure#SFDR-disclosure. 
Further information on the methodologies set out herein is available on the website: Sustainable investing framework (fidelityinternational.com).
Pre-contractual disclosure for the financial products referred to in Article 9, paragraphs 1 to 4a, of Regulation (EU) 2019/2088 and Article 5, first paragraph, of Regulation (EU) 2020/852
Product name:	Legal entity identifier:
Fidelity Funds - Sustainable US Equity Fund	549300J1XTC50ZY0Z742

###### Sustainable investment objective
| Does this financial product have a sustainable investment objective? |
| --- |
|  | Yes |  | - No
 |
| It will make a minimum of sustainable investments with an environmental objective: 10% - in economic activities that qualify as environmentally sustainable under the EU Taxonomyin economic activities that do not qualify as environmentally sustainable under the EU TaxonomyIt will make a minimum of sustainable investments with a social objective: 10%
 | - It promotes Environmental/Social (E/S) characteristics and while it does not have as its objective a sustainable investment, it will have a minimum proportion of % of sustainable investments
	- with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomy
	- with an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
	- with a social objective

- It promotes E/S characteristics, but will not make any sustainable investments
 |

Sustainability indicators measure how the sustainable objectives of this financial product are attained.
What is the sustainable investment objective of this financial product? 
The fund aims to achieve capital growth over the long term by investing in sustainable investments.
The fund determines a sustainable investment as follows:
- issuers that undertake economic activities that contribute to one or more of the environmental objectives set out in the EU Taxonomy and qualify as environmentally sustainable in accordance with EU Taxonomy; or
- issuers whereby the majority of their business activities (more than 50% of revenue) contribute to environmental or social objectives aligned with one or more of the United Nations Sustainable Development Goals (“SDGs”); or
- issuers which have set a decarbonisation target consistent with a 1.5 degree warming scenario or lower (verified by the Science Based Target Initiative or a Fidelity Proprietary Climate Rating) which would be considered to contribute to environmental objectives; provided they do no significant harm, meet minimum safeguards and good governance criteria.

The investment manager selects issuers based on the contribution of their economic activities to environmental or social objectives which are aligned with the SDGs.
The SDGs are a series of goals published by the United Nations which recognise that ending poverty and other deprivations must go hand-in-hand with improvements in health and education, economic growth, and a reduction in inequalities, all while tackling climate change and working to preserve the planet’s oceans and forests. For further details see the UN website: https://sdgs.un.org/goals . Environmental focused SDGs include clean water and sanitation; affordable and clean energy; responsible consumption and production; and climate action. Social focused SDGs include no poverty; zero hunger; economic growth and productive employment; industry, innovation and infrastructure; safe and sustainable cities and communities.
No reference benchmark has been designated for the purpose of attaining the sustainable investment objective.
What sustainability indicators are used to measure the attainment of the sustainable investment objective of this financial product?
The fund uses the following sustainability indicators in order to measure the sustainable investment objective is met:
- the percentage of the fund invested in sustainable investments;
- the percentage of the fund invested in sustainable investments with an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy;
- the percentage of the fund invested in sustainable investments with a social objective; and
- the percentage of the fund with exposure to investments that undertake activities that are excluded in accordance with the Exclusions (defined below).

How do sustainable investments not cause significant harm to any environmental or social sustainable investment objective?
Sustainable investments are screened for involvement in activities that cause significant harm and controversies, assessed through a check that the issuer meets minimum safeguards and standards that relate to principal adverse impacts (PAIs) as well as for performance on PAI metrics. This includes:
- Norms-based screens - the screening out of securities identified under Fidelity’s existing norms-based screens (as set out below);
- Activity-based screens - the screening out of issuers based on their participation in activities with significant negative impacts on society or the environment, including issuers that are considered to have a ‘Very Severe’ controversy using controversy screens, covering
- environmental issues,
- human rights and communities,
- labour rights and supply chain,
- customers,
- governance; and
	- PAI indicators - quantitative data (where available) on PAI indicators is used to evaluate whether an issuer is involved in activities that cause significant harm to any environmental or social objective.


Principal adverse impacts are the most significant negative impacts of investment decisions on sustainability factors relating to environmental, social and employee matters, respect for human rights, anti- corruption and anti- bribery matters.
How have the indicators for adverse impacts on sustainability factors been taken into account?
As set out above, Fidelity undertakes a quantitative evaluation to identify issuers with challenging performance on PAI indicators. Issuers with a low score will be ineligible to be ‘sustainable investments’ unless Fidelity’s fundamental research determines that the issuer is not breaching “do no significant harm” requirements, or is on the path to mitigate the adverse impacts through effective management or transition.
How are the sustainable investments aligned with the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights?
Norms-based screens are applied - issuers identified as failing to behave in a way which meets their fundamental responsibilities in the areas of human rights, labour, environmental and anti-corruption as aligned with international norms including those set out by OECD Guidelines for Multinational Enterprises, the UN Guiding Principles on Business and Human Rights, the UN Global Compact (UNGC) and the International Labour Organisation (ILO) Conventions, are not considered sustainable investments.

###### Does this financial product consider principal adverse impacts on sustainability factors?
Yes
- NoConsideration of the principal adverse impacts on sustainability factors of investment decisions (referred to as principal adverse impacts) is incorporated through a variety of tools, including:
- Due Diligence - analysis of whether impacts on sustainability factors are material and negative.
- ESG rating - Fidelity references ESG ratings which incorporate consideration of material principal adverse impacts such as carbon emissions, employee safety and bribery and corruption, water management and, for sovereign issued securities, ratings used incorporate consideration of material principal adverse impacts such as carbon emissions, social violations and freedom of expression.
- Exclusions - When investing directly in corporate issuers, the fund applies the Exclusions (as defined below) to help mitigate the principal adverse impacts through excluding harmful sectors and prohibiting investment in issuers that breach international standards, such as the UNGC.
- Engagement - Fidelity uses engagement as a tool to better understand principal adverse impacts and, in some circumstances, advocate for mitigating the principal adverse impacts. Fidelity participates in relevant individual and collaborative engagements that target a number of principal adverse impacts (i.e. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Voting - Fidelity’s voting policy includes explicit minimum standards for board gender diversity and engagement with climate change for corporate issuers. Fidelity may also vote to help mitigate principal adverse impacts.
- Quarterly reviews - monitoring of principal adverse impacts through the fund’s quarterly review process.

Fidelity takes into account specific indicators for each sustainability factor when considering whether investments have a principal adverse impact. These indicators are subject to data availability and may evolve with improving data quality and availability.
Information on principal adverse impacts will be available in the annual report of the fund.
The investment strategy guides investment decisions based on factors such as investments objectives and risk tolerance.

######  What investment strategy does this financial product follow?
The fund is part of the Fidelity Sustainable Family of funds and adopts a Sustainable Focused strategy. The fund invests in companies which contribute to environmental or social objectives aligned with one or more SDGs, do no significant harm, meet minimum safeguards and good governance requirements. Within this investment universe, the investment manager selects stocks through rigorous bottom-up financial analysis and valuation to select stocks with strong investment return potential.
- sustainable investments; A minimum of 80% of the assets will be sustainable investments.
- Do No Significant Harm; The fund applies the “do no significant harm” criteria, as set out above, to all direct investments held within the fund.
- Minimum safeguards; The fund excludes direct investments that fail to conduct their business in accordance with accepted international norms, including as set out by OECD Guidelines for Multinational Enterprises, the UN Guiding Principles on Business and Human Rights, UN Global Compact (UNGC) and the International Labour Organisation (ILO) Conventions.
- Good governance; All investee companies in the fund will be screened for controversies, including tax and bribery and corruption screenings.
- Exclusions; In respect of its direct investments, the fund is subject to:
	- a firm-wide exclusions list, which includes cluster munitions and anti-personnel landmines; and
	- a principle-based screening policy which includes:
		- norms-based screening of issuers which the investment manager considers have failed to conduct their business in accordance with international norms, including as set out in the UNGC; and
		- negative screening of certain sectors, companies or practices based on specific ESG criteria where revenue thresholds may be applied.



The investment manager has discretion to implement sustainable requirements and exclusions having regard to their applicable investment process from time to time
The above exclusions and screens (the “Exclusions”) may be updated from time to time. Please refer to the website for further information Sustainable investing framework(fidelityinternational.com).
In addition to the above, the fund assesses the ESG ratings (either based on external ratings or the Fidelity ESG ratings) of at least 90% of the fund’s assets and the fund’s investment universe will be reduced by at least 20% due to the exclusion of issuers on the basis of their ESG characteristics.
What are the binding elements of the investment strategy used to select the investments to attain the sustainable investment objective?
The fund will invest a minimum of 80% of its net assets in sustainable investments of which a minimum of 0% have an environmental objective which is aligned with the EU Taxonomy, a minimum of 10% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 10% have a social objective;
provided that such investments do not significantly harm any of those objectives and that investee companies follow good governance practices.
In attaining the sustainable investment objective, the fund commits to selecting companies whose economic activity contributes to an environmental or social objective aligned with one or more of the SDGs, as described in the investment strategy section above.
In addition to the above, the fund assesses the ESG ratings (either based on external ratings or the Fidelity Sustainability Ratings) of at least 90% of the fund’s assets and the fund’s investment universe will be reduced by at least 20% due to the exclusion of issuers on the basis of their ESG characteristics.
The fund will systematically apply the Exclusions as described above.
Good governance practices include sound management structures, employee relations, remuneration of staff and tax compliance.
What is the policy to assess good governance practices of the investee companies?
All investee companies will be screened for controversies, including tax,bribery and corruption screenings, to help meet good governance requirements for investee companies. In addition to these screens, governance practices of issuers are assessed using fundamental research.
Key points that are analysed include track record of capital allocation, financial transparency, related party transactions, board independence and size, executive pay, auditors and internal oversight, minority shareholder rights, among other indicators.

###### What is the asset allocation and the minimum share of sustainable investments?
Asset allocation describes the share of investments in specific assets.
Taxonomy-aligned activities are expressed as a share of:
- turnover reflecting the share of revenue from green activities of investee companies
- capital expenditure (CapEx) showing the green investments made by investee companies,e.g. for a transition to a green economy.

- operational expenditure (OpEx) reflecting green operational activities of investee companies.
(#1 Sustainable) The fund will invest a minimum of 80% of its net assets in sustainable investments of which a minimum of 0% will have an environmental objective which is aligned with the EU Taxonomy, a minimum of 10% will have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 10% will have a social objective. The remaining sustainable investments of the fund may have an environmental or social objective.
How does the use of derivatives attain the sustainable investment objective?
Where the underlying security upon which a derivative is based is deemed to contributes to the sustainable objective of the fund, derivatives may be used to contribute to the attainment of the sustainable investment objective.
To what minimum extent are sustainable investments with an environmental objective aligned with the EU Taxonomy?
The fund invests a minimum of 0% in sustainable investments with an environmental objective aligned with the EU Taxonomy.
The compliance of the investments of the fund with the EU Taxonomy will not be subject to an assurance by auditors or a review by third parties.
The EU Taxonomy alignment of the underlying investments of the fund is measured by turnover.
Does the financial product invest in fossil gas and/or nuclear energy-related activities that comply with the EU Taxonomy¹?
- YesNo
- In fossil gas	In nuclear energyWhat is the minimum share of investments in transitional and enabling activities?

The fund invests a minimum of 0% in transitional activities and a minimum of 0% in enabling activities.
What is the minimum share of sustainable investments with an environmental objective that are not aligned with the EU Taxonomy?
The fund invests a minimum of 10% in sustainable investments with an environmental objective that is not aligned with the EU Taxonomy.
Investments could be aligned with the EU Taxonomy but the Investment Manager is not currently in a position to specify the exact proportion of the fund’s underlying investments which take into account the EU criteria for environmentally sustainable economic activities. However, the position will be kept under review as the underlying rules are finalised and the availability of reliable data increases over time.
¹Fossil gas and/or nuclear related activities will only comply with the EU Taxonomy where they contribute to limiting climate change (“climate change mitigation”) and do not significantly harm any EU Taxonomy objectives - see explanatory note in the left hand margin. The full criteria for fossil gas and nuclear energy economic activities that comply with the EU Taxonomy are laid down in Commission Delegated Regulation (EU) 2022/1214.
What is the minimum share of sustainable investments with a social objective?
The fund invests a minimum of 10% in sustainable investments with a social objective.
What investments are included under “#2 Not sustainable”, what is their purpose and are there any minimum environmental or social safeguards?
Investments included under “#2 Not sustainable” may include cash, money market instruments, investments used for hedging and efficient portfolio management purposes.
In addition, all direct investments of the fund must adhere to the Exclusions, do no significant harm to environmental or social objectives, have good governance practices and must not affect the delivery of the sustainable investment objective.

###### Is a specific index designated as a reference benchmark to meet the sustainable investment objective?
An index has not been designated as a reference benchmark to meet the sustainable investment objective.
Reference benchmarks are indexes to measure whether the financial product attains the sustainable investment objective.
How does the reference benchmark take into account sustainability factors in a way that is continuously aligned with the sustainable investment objective?
This question is not applicable.
How is the alignment of the investment strategy with the methodology of the index ensured on a continuous basis?
This question is not applicable.
How does the designated index differ from a relevant broad market index?
This question is not applicable.
Where can the methodology used for the calculation of the designated index be found?
This question is not applicable.

###### 	Where can I find more product specific information online?
More product-specific information can be found on the website: https:/www.fidelity.lu/funds/factsheet/LU0261960354/tab-disclosure#SFDR-disclosure. 
Further information on the methodologies set out herein is available on the website: Sustainable investing framework (fidelityinternational.com).
Pre-contractual disclosure for the financial products referred to in Article 8, paragraphs 1, 2 and 2a, of Regulation (EU) 2019/2088 and Article 6, first paragraph, of Regulation (EU) 2020/852
Product name:	Legal entity identifier:
Fidelity Funds - European Dividend Fund	549300QYNIMMR1Q2GY78

###### Environmental and/or social characteristics
| Does this financial product have a sustainable investment objective? |
| --- |
|  | - Yes
 |  | No |
| - It will make a minimum of sustainable investments with an environmental objective:%
- in economic activities that qualify as environmentally sustainable under the EU Taxonomy
- in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
- It will make a minimum of sustainable investments with a social objective:%
 | It promotes Environmental/Social (E/S) characteristics and while it does not have as its objective a sustainable investment, it will have a minimum proportion of 25% of sustainable investments - with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomywith an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomywith a social objective
- It promotes E/S characteristics, but will not make any sustainable investments
 |

What environmental and/or social characteristics are promoted by this financial product?
Sustainability indicators measure how the environmental or social characteristics promoted by the financial product are attained.
The fund promotes environmental and social characteristics by investing in securities of issuers with favourable ESG characteristics. Favourable ESG characteristics are determined by reference to ESG ratings. ESG ratings consider environmental characteristics including carbon intensity, carbon emissions, energy efficiency, water and waste management and biodiversity, as well as social characteristics including product safety, supply chain, health and safety and human rights.
The fund partially intends to make sustainable investments.
No reference benchmark has been designated for the purpose of attaining the environmental and social characteristics promoted.
What sustainability indicators are used to measure the attainment of each of the environmental or social characteristics promoted by this financial product?
The fund uses the following sustainability indicators in order to measure the attainment of the environmental or social characteristics that it promotes:
- the percentage of the fund invested in securities of issuers with favourable ESG characteristics in accordance with Fidelity’s Sustainable Investing Framework;
- in respect of its direct investments in corporate issuers, the percentage of the fund invested in securities of issuers with exposure to the Exclusions (defined below);
- the percentage of the fund invested in sustainable investments;
- the percentage of the fund invested in sustainable investments with an environmental objective in economic activities (that do not qualify as environmentally sustainable under the EU Taxonomy); and
- the percentage of the fund invested in sustainable investments with a social objective.

What are the objectives of the sustainable investments that the financial product partially intends to make and how does the sustainable investment contribute to such objectives?
The fund determines a sustainable investment as follows:
- issuers that undertake economic activities that contribute to one or more of the environmental objectives set out in the EU Taxonomy and qualify as environmentally sustainable in accordance with EU Taxonomy; or
- issuers whereby the majority of their business activities (more than 50% of revenue) contribute to environmental or social objectives aligned with one or more of the United Nations Sustainable Development Goals (“SDGs”); or
- issuers which have set a decarbonisation target consistent with a 1.5 degree warming scenario or lower (verified by the Science Based Target Initiative or a Fidelity Proprietary Climate Rating) which would be considered to contribute to environmental objectives;provided they do no significant harm, meet minimum safeguards and good governance criteria.

How do the sustainable investments that the financial product partially intends to make, not cause significant harm to any environmental or social sustainable investment objective?
Sustainable investments are screened for involvement in activities that cause significant harm and controversies, assessed through a check that the issuer meets minimum safeguards and standards that relate to principal adverse impacts (PAIs) as well as performance on PAI metrics. This includes:
- Norms-based screens - the screening out of securities identified under Fidelity’s existing norms-based screens (as set out below);
- Activity-based screens - the screening out of issuers based on their participation in activities with significant negative impacts on society or the environment, including issuers that are considered to have a ‘Very Severe’ controversy using controversy screens, covering
- environmental issues,
- human rights and communities,
- labour rights and supply chain,
- customers,
- governance; and
	- PAI indicators - quantitative data (where available) on PAI indicators is used to evaluate whether an issuer is involved in activities that cause significant harm to any environmental or social objective.


Principal adverse impacts are the most significant negative impacts of investment decisions on sustainability factors relating to environmental, social and employee matters, respect for human rights, anti- corruption and anti- bribery matters.
How have the indicators for adverse impacts on sustainability factors been taken into account?
For sustainable investments, as set out above, Fidelity undertakes a quantitative evaluation to identify issuers with challenging performance on PAI indicators. Issuers with a low score will be ineligible to be ‘sustainable investments’ unless Fidelity’s fundamental research determines that the issuer is not breaching “do no significant harm” requirements, or is on the path to mitigate the adverse impacts through effective management or transition.
How are the sustainable investments aligned with the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights? Details:
Norms-based screens are applied: Issuers identified as failing to behave in a way which meets their fundamental responsibilities in the areas of human rights, labour, environmental and anti-corruption as aligned with international norms including those set out by the OECD Guidelines for Multinational Enterprises, the UN Guiding Principles on Business and Human Rights, the UN Global Compact (UNGC) and the International Labour Organisation (ILO) Conventions, are not considered sustainable investments.
The EU Taxonomy sets out a “do not significant harm” principle by which Taxonomy-aligned investments should not significantly harm EU Taxonomy objectives and is accompanied by specific EU criteria.
The “do no significant harm” principle applies only to those investments underlying the financial product that take into account the EU criteria for environmentally sustainable economic activities. The investments underlying the remaining portion of this financial product do not take into account the EU criteria for environmentally sustainable economic activities.
Any other sustainable investments must also not significantly harm any environmental or social objectives.

###### Does this financial product consider principal adverse impacts on sustainability factors?
Yes
- NoConsideration of the principal adverse impacts on sustainability factors of investment decisions (referred to as principal adverse impacts) is incorporated through a variety of tools, including:
- Due Diligence - analysis of whether impacts on sustainability factors are material and negative.
- ESG rating - Fidelity references ESG ratings which incorporate consideration of material principal adverse impacts such as carbon emissions, employee safety and bribery and corruption, water management and, for sovereign issued securities, ratings used incorporate consideration of material principal adverse impacts such as carbon emissions, social violations and freedom of expression.
- Exclusions - When investing directly in corporate issuers, the fund applies the Exclusions (as defined below) to help mitigate the principal adverse impacts through excluding harmful sectors and prohibiting investment in issuers that breach international standards, such as the UNGC.
- Engagement - Fidelity uses engagement as a tool to better understand principal adverse impacts and, in some circumstances, advocate for mitigating the principal adverse impacts. Fidelity participates in relevant individual and collaborative engagements that target a number of principal adverse impacts (i.e. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Voting - Fidelity’s voting policy includes explicit minimum standards for board gender diversity and engagement with climate change for corporate issuers. Fidelity may also vote to help mitigate principal adverse impacts.
- Quarterly reviews - monitoring of principal adverse impacts through the fund’s quarterly review process.

Fidelity takes into account specific indicators for each sustainability factor when considering whether investments have a principal adverse impact. These indicators are subject to data availability and may evolve with improving data quality and availability.
Information on principal adverse impacts will be available in the annual report of the fund.
The investment strategy guides investment decisions based on factors such as investments objectives and risk tolerance.

######  What investment strategy does this financial product follow?
A minimum of 50% of the fund’s assets will be invested in securities with favourable ESG characteristics.
Favourable ESG characteristics are determined by reference to ESG ratings provided by external agencies and Fidelity ESG ratings.
Within this investment universe, the Investment Manager selects stocks through rigorous bottom-up financial analysis and valuation to select stocks with strong investment return potential.
In respect of its direct investments in corporate issuers, the fund is subject to:
- a firm-wide exclusions list, which includes cluster munitions and anti-personnel landmines, and
- a norms-based screening of issuers which the Investment Manager considers have failed to conduct their business in accordance with international norms, including as set out in the UNGC.

The above exclusions and screens (the “Exclusions”) may be updated from time to time. Please refer to the website for further information Sustainable investing framework(fidelityinternational.com).
The Investment Manager also has discretion to implement enhanced, stricter sustainable requirements and exclusions from time to time.
What are the binding elements of the investment strategy used to select the investments to attain each of the environmental or social characteristics promoted by this financial product?
The fund will invest:
- a minimum of 50% of its assets in issuers with favourable ESG characteristics,
- a minimum of 25% in sustainable investments of which a minimum of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 5% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 5% have a social objective.

In addition, the fund will systematically apply the Exclusions as described above.
What is the committed minimum rate to reduce the scope of the investments considered prior to the application of that investment strategy?
This question is not applicable.
Good governance practices include sound management structures, employee relations, remuneration of staff and tax compliance.
What is the policy to assess good governance practices of the investee companies?
The governance practices of issuers are assessed using fundamental research, including Fidelity ESG ratings, data regarding controversies and UN Global Compact violations.
Key points that are analysed include track record of capital allocation, financial transparency, related party transactions, board independence and size, executive pay, auditors and internal oversight, minority shareholder rights, among other indicators.
Asset allocation describes the share of investments in specific assets.
Taxonomy-aligned activities are expressed as a share of:
- turnover reflecting the share of revenue from green activities of investee companies
- capital expenditure (CapEx) showing the green investments made by investee companies,e.g. for a transition to a green economy.

- operational expenditure (OpEx) reflecting green operational activities of investee companies.

###### 	What is the asset allocation planned for this financial product?
(#1 Aligned with E/S characteristics) The fund aims to invest:
- a minimum of 50% of its assets in securities of issuers with favourable ESG characteristics,
- a minimum of 25% of its assets in sustainable investments (#1A sustainable) of which a minimum of of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 5% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 5% have a social objective. The remaining sustainable investments of the fund may have an environmental or social objective.

(#1B Other E/S characteristics) Includes securities of issuers with favourable ESG characteristics but are not sustainable investments.
How does the use of derivatives attain the environmental or social characteristics promoted by the financial product?
Where the security underlying a derivative has favourable ESG characteristics in accordance with Fidelity's Sustainable Investing Framework, the derivative may be included in determining the proportion of the fund dedicated to promotion of environmental or social characteristics.
To what minimum extent are sustainable investments with an environmental objective aligned with the EU Taxonomy?
The fund invests a minimum of 0% in sustainable investments with an environmental objective aligned with the EU Taxonomy.
The compliance of the investments of the fund with the EU Taxonomy will not be subject to an assurance by auditors or a review by third parties.
The EU Taxonomy alignment of the underlying investments of the fund is measured by turnover.
Does the financial product invest in fossil gas and/or nuclear energy-related activities that comply with the EU Taxonomy¹?
- YesNo
- In fossil gas	In nuclear energyWhat is the minimum share of investments in transitional and enabling activities?

The fund invests a minimum of 0% in transitional activities and a minimum of 0% in enabling activities.
What is the minimum share of sustainable investments with an environmental objective that are not aligned with the EU Taxonomy?
The fund invests a minimum of 5% in sustainable investments with an environmental objective that is not aligned with the EU Taxonomy.
Investments could be aligned with the EU Taxonomy but the Investment Manager is not currently in a position to specify the exact proportion of the fund’s underlying investments which take into account the EU criteria for environmentally sustainable economic activities. However, the position will be kept under review as the underlying rules are finalised and the availability of reliable data increases over time.
¹Fossil gas and/or nuclear related activities will only comply with the EU Taxonomy where they contribute to limiting climate change (“climate change mitigation”) and do not significantly harm any EU Taxonomy objectives - see explanatory note in the left hand margin. The full criteria for fossil gas and nuclear energy economic activities that comply with the EU Taxonomy are laid down in Commission Delegated Regulation (EU) 2022/1214.
What is the minimum share of socially sustainable investments?
The fund invests a minimum of 5% in sustainable investments with a social objective.
What investments are included under “#2 Other”, what is their purpose and are there any minimum environmental or social safeguards?
The remaining investments of the fund will be invested in assets aligned with the financial objective of the fund, cash and cash equivalents for liquidity purposes and derivatives which may be used for investment and efficient portfolio management.
As a minimum environmental and social safeguard, the fund will adhere to the Exclusions.

###### Is a specific index designated as a reference benchmark to determine whether this financial product is aligned with the environmental and/or social characteristics that it promotes?
An index has not been designated as a reference benchmark to determine whether this financial product is aligned with the environmental or social characteristics that it promotes.
Reference benchmarks are indexes to measure whether the financial product attains the environmental or social characteristics that they promote.
How is the reference benchmark continuously aligned with each of the environmental or social characteristics promoted by the financial product?
This question is not applicable.
How is the alignment of the investment strategy with the methodology of the index ensured on a continuous basis?
This question is not applicable.
How does the designated index differ from a relevant broad market index?
This question is not applicable.
Where can the methodology used for the calculation of the designated index be found?
This question is not applicable.

###### 	Where can I find more product specific information online?
More product-specific information can be found on the website: https:/www.fidelity.lu/funds/factsheet/LU0353647737/tab-disclosure#SFDR-disclosure. 
Further information on the methodologies set out herein is available on the website: Sustainable investing framework (fidelityinternational.com).
Pre-contractual disclosure for the financial products referred to in Article 8, paragraphs 1, 2 and 2a, of Regulation (EU) 2019/2088 and Article 6, first paragraph, of Regulation (EU) 2020/852
Product name:	Legal entity identifier:
Fidelity Funds - European Dynamic Growth Fund	549300YTXDJLTI9R5058

###### Environmental and/or social characteristics
| Does this financial product have a sustainable investment objective? |
| --- |
|  | - Yes
 |  | No |
| - It will make a minimum of sustainable investments with an environmental objective:%
- in economic activities that qualify as environmentally sustainable under the EU Taxonomy
- in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
- It will make a minimum of sustainable investments with a social objective:%
 | It promotes Environmental/Social (E/S) characteristics and while it does not have as its objective a sustainable investment, it will have a minimum proportion of 20% of sustainable investments - with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomywith an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomywith a social objective
- It promotes E/S characteristics, but will not make any sustainable investments
 |

What environmental and/or social characteristics are promoted by this financial product?
Sustainability indicators measure how the environmental or social characteristics promoted by the financial product are attained.
The fund promotes environmental and social characteristics by investing in securities of issuers with favourable ESG characteristics. Favourable ESG characteristics are determined by reference to ESG ratings. ESG ratings consider environmental characteristics including carbon intensity, carbon emissions, energy efficiency, water and waste management and biodiversity, as well as social characteristics including product safety, supply chain, health and safety and human rights.
The fund partially intends to make sustainable investments.
No reference benchmark has been designated for the purpose of attaining the environmental and social characteristics promoted.
What sustainability indicators are used to measure the attainment of each of the environmental or social characteristics promoted by this financial product?
The fund uses the following sustainability indicators in order to measure the attainment of the environmental or social characteristics that it promotes:
- the percentage of the fund invested in securities of issuers with favourable ESG characteristics in accordance with Fidelity’s Sustainable Investing Framework;
- in respect of its direct investments in corporate issuers, the percentage of the fund invested in securities of issuers with exposure to the Exclusions (defined below);
- the percentage of the fund invested in sustainable investments;
- the percentage of the fund invested in sustainable investments with an environmental objective in economic activities (that do not qualify as environmentally sustainable under the EU Taxonomy); and
- the percentage of the fund invested in sustainable investments with a social objective.

What are the objectives of the sustainable investments that the financial product partially intends to make and how does the sustainable investment contribute to such objectives?
The fund determines a sustainable investment as follows:
- issuers that undertake economic activities that contribute to one or more of the environmental objectives set out in the EU Taxonomy and qualify as environmentally sustainable in accordance with EU Taxonomy; or
- issuers whereby the majority of their business activities (more than 50% of revenue) contribute to environmental or social objectives aligned with one or more of the United Nations Sustainable Development Goals (“SDGs”); or
- issuers which have set a decarbonisation target consistent with a 1.5 degree warming scenario or lower (verified by the Science Based Target Initiative or a Fidelity Proprietary Climate Rating) which would be considered to contribute to environmental objectives;provided they do no significant harm, meet minimum safeguards and good governance criteria.

How do the sustainable investments that the financial product partially intends to make, not cause significant harm to any environmental or social sustainable investment objective?
Sustainable investments are screened for involvement in activities that cause significant harm and controversies, assessed through a check that the issuer meets minimum safeguards and standards that relate to principal adverse impacts (PAIs) as well as performance on PAI metrics. This includes:
- Norms-based screens - the screening out of securities identified under Fidelity’s existing norms-based screens (as set out below);
- Activity-based screens - the screening out of issuers based on their participation in activities with significant negative impacts on society or the environment, including issuers that are considered to have a ‘Very Severe’ controversy using controversy screens, covering
- environmental issues,
- human rights and communities,
- labour rights and supply chain,
- customers,
- governance; and
	- PAI indicators - quantitative data (where available) on PAI indicators is used to evaluate whether an issuer is involved in activities that cause significant harm to any environmental or social objective.


Principal adverse impacts are the most significant negative impacts of investment decisions on sustainability factors relating to environmental, social and employee matters, respect for human rights, anti- corruption and anti- bribery matters.
How have the indicators for adverse impacts on sustainability factors been taken into account?
For sustainable investments, as set out above, Fidelity undertakes a quantitative evaluation to identify issuers with challenging performance on PAI indicators. Issuers with a low score will be ineligible to be ‘sustainable investments’ unless Fidelity’s fundamental research determines that the issuer is not breaching “do no significant harm” requirements, or is on the path to mitigate the adverse impacts through effective management or transition.
How are the sustainable investments aligned with the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights? Details:
Norms-based screens are applied: Issuers identified as failing to behave in a way which meets their fundamental responsibilities in the areas of human rights, labour, environmental and anti-corruption as aligned with international norms including those set out by the OECD Guidelines for Multinational Enterprises, the UN Guiding Principles on Business and Human Rights, the UN Global Compact (UNGC) and the International Labour Organisation (ILO) Conventions, are not considered sustainable investments.
The EU Taxonomy sets out a “do not significant harm” principle by which Taxonomy-aligned investments should not significantly harm EU Taxonomy objectives and is accompanied by specific EU criteria.
The “do no significant harm” principle applies only to those investments underlying the financial product that take into account the EU criteria for environmentally sustainable economic activities. The investments underlying the remaining portion of this financial product do not take into account the EU criteria for environmentally sustainable economic activities.
Any other sustainable investments must also not significantly harm any environmental or social objectives.

###### Does this financial product consider principal adverse impacts on sustainability factors?
Yes
- NoConsideration of the principal adverse impacts on sustainability factors of investment decisions (referred to as principal adverse impacts) is incorporated through a variety of tools, including:
- Due Diligence - analysis of whether impacts on sustainability factors are material and negative.
- ESG rating - Fidelity references ESG ratings which incorporate consideration of material principal adverse impacts such as carbon emissions, employee safety and bribery and corruption, water management and, for sovereign issued securities, ratings used incorporate consideration of material principal adverse impacts such as carbon emissions, social violations and freedom of expression.
- Exclusions - When investing directly in corporate issuers, the fund applies the Exclusions (as defined below) to help mitigate the principal adverse impacts through excluding harmful sectors and prohibiting investment in issuers that breach international standards, such as the UNGC.
- Engagement - Fidelity uses engagement as a tool to better understand principal adverse impacts and, in some circumstances, advocate for mitigating the principal adverse impacts. Fidelity participates in relevant individual and collaborative engagements that target a number of principal adverse impacts (i.e. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Voting - Fidelity’s voting policy includes explicit minimum standards for board gender diversity and engagement with climate change for corporate issuers. Fidelity may also vote to help mitigate principal adverse impacts.
- Quarterly reviews - monitoring of principal adverse impacts through the fund’s quarterly review process.

Fidelity takes into account specific indicators for each sustainability factor when considering whether investments have a principal adverse impact. These indicators are subject to data availability and may evolve with improving data quality and availability.
Information on principal adverse impacts will be available in the annual report of the fund.
The investment strategy guides investment decisions based on factors such as investments objectives and risk tolerance.

######  What investment strategy does this financial product follow?
A minimum of 50% of the fund’s assets will be invested in securities with favourable ESG characteristics.
Favourable ESG characteristics are determined by reference to ESG ratings provided by external agencies and Fidelity ESG ratings.
Within this investment universe, the Investment Manager selects stocks through rigorous bottom-up financial analysis and valuation to select stocks with strong investment return potential.
In respect of its direct investments in corporate issuers, the fund is subject to:
- a firm-wide exclusions list, which includes cluster munitions and anti-personnel landmines, and
- a norms-based screening of issuers which the Investment Manager considers have failed to conduct their business in accordance with international norms, including as set out in the UNGC.

The above exclusions and screens (the “Exclusions”) may be updated from time to time. Please refer to the website for further information Sustainable investing framework(fidelityinternational.com).
The Investment Manager also has discretion to implement enhanced, stricter sustainable requirements and exclusions from time to time.
What are the binding elements of the investment strategy used to select the investments to attain each of the environmental or social characteristics promoted by this financial product?
The fund will invest:
- a minimum of 50% of its assets in issuers with favourable ESG characteristics,
- a minimum of 20% in sustainable investments of which a minimum of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 5% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 5% have a social objective.

In addition, the fund will systematically apply the Exclusions as described above.
What is the committed minimum rate to reduce the scope of the investments considered prior to the application of that investment strategy?
This question is not applicable.
Good governance practices include sound management structures, employee relations, remuneration of staff and tax compliance.
What is the policy to assess good governance practices of the investee companies?
The governance practices of issuers are assessed using fundamental research, including Fidelity ESG ratings, data regarding controversies and UN Global Compact violations.
Key points that are analysed include track record of capital allocation, financial transparency, related party transactions, board independence and size, executive pay, auditors and internal oversight, minority shareholder rights, among other indicators.
Asset allocation describes the share of investments in specific assets.
Taxonomy-aligned activities are expressed as a share of:
- turnover reflecting the share of revenue from green activities of investee companies
- capital expenditure (CapEx) showing the green investments made by investee companies,e.g. for a transition to a green economy.

- operational expenditure (OpEx) reflecting green operational activities of investee companies.

###### 	What is the asset allocation planned for this financial product?
(#1 Aligned with E/S characteristics) The fund aims to invest:
- a minimum of 50% of its assets in securities of issuers with favourable ESG characteristics,
- A minimum of 20% of its assets in sustainable investments (#1A sustainable) of whicha minimum of of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 5% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 5% have a social objective. The remaining sustainable investments of the fund may have an environmental or social objective.

(#1B Other E/S characteristics) Includes securities of issuers with favourable ESG characteristics but are not sustainable investments.
How does the use of derivatives attain the environmental or social characteristics promoted by the financial product?
Where the security underlying a derivative has favourable ESG characteristics in accordance with Fidelity's Sustainable Investing Framework, the derivative may be included in determining the proportion of the fund dedicated to promotion of environmental or social characteristics.
To what minimum extent are sustainable investments with an environmental objective aligned with the EU Taxonomy?
The fund invests a minimum of 0% in sustainable investments with an environmental objective aligned with the EU Taxonomy.
The compliance of the investments of the fund with the EU Taxonomy will not be subject to an assurance by auditors or a review by third parties.
The EU Taxonomy alignment of the underlying investments of the fund is measured by turnover.
Does the financial product invest in fossil gas and/or nuclear energy-related activities that comply with the EU Taxonomy¹?
- YesNo
- In fossil gas	In nuclear energyWhat is the minimum share of investments in transitional and enabling activities?

The fund invests a minimum of 0% in transitional activities and a minimum of 0% in enabling activities.
What is the minimum share of sustainable investments with an environmental objective that are not aligned with the EU Taxonomy?
The fund invests a minimum of 5% in sustainable investments with an environmental objective that is not aligned with the EU Taxonomy.
Investments could be aligned with the EU Taxonomy but the Investment Manager is not currently in a position to specify the exact proportion of the fund’s underlying investments which take into account the EU criteria for environmentally sustainable economic activities. However, the position will be kept under review as the underlying rules are finalised and the availability of reliable data increases over time.
¹Fossil gas and/or nuclear related activities will only comply with the EU Taxonomy where they contribute to limiting climate change (“climate change mitigation”) and do not significantly harm any EU Taxonomy objectives - see explanatory note in the left hand margin. The full criteria for fossil gas and nuclear energy economic activities that comply with the EU Taxonomy are laid down in Commission Delegated Regulation (EU) 2022/1214.
What is the minimum share of socially sustainable investments?
The fund invests a minimum of 5% in sustainable investments with a social objective.
What investments are included under “#2 Other”, what is their purpose and are there any minimum environmental or social safeguards?
The remaining investments of the fund will be invested in assets aligned with the financial objective of the fund, cash and cash equivalents for liquidity purposes and derivatives which may be used for investment and efficient portfolio management.
As a minimum environmental and social safeguard, the fund will adhere to the Exclusions.

###### Is a specific index designated as a reference benchmark to determine whether this financial product is aligned with the environmental and/or social characteristics that it promotes?
An index has not been designated as a reference benchmark to determine whether this financial product is aligned with the environmental or social characteristics that it promotes.
Reference benchmarks are indexes to measure whether the financial product attains the environmental or social characteristics that they promote.
How is the reference benchmark continuously aligned with each of the environmental or social characteristics promoted by the financial product?
This question is not applicable.
How is the alignment of the investment strategy with the methodology of the index ensured on a continuous basis?
This question is not applicable.
How does the designated index differ from a relevant broad market index?
This question is not applicable.
Where can the methodology used for the calculation of the designated index be found?
This question is not applicable.

###### 	Where can I find more product specific information online?
More product-specific information can be found on the website: https:/www.fidelity.lu/funds/factsheet/LU0261959422/tab-disclosure#SFDR-disclosure. 
Further information on the methodologies set out herein is available on the website: Sustainable investing framework (fidelityinternational.com).
Pre-contractual disclosure for the financial products referred to in Article 8, paragraphs 1, 2 and 2a, of Regulation (EU) 2019/2088 and Article 6, first paragraph, of Regulation (EU) 2020/852
Product name:	Legal entity identifier:
Fidelity Funds - European Growth Fund	549300G4OINSKM9K3661

###### Environmental and/or social characteristics
| Does this financial product have a sustainable investment objective? |
| --- |
|  | - Yes
 |  | No |
| - It will make a minimum of sustainable investments with an environmental objective:%
- in economic activities that qualify as environmentally sustainable under the EU Taxonomy
- in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
- It will make a minimum of sustainable investments with a social objective:%
 | It promotes Environmental/Social (E/S) characteristics and while it does not have as its objective a sustainable investment, it will have a minimum proportion of 20% of sustainable investments - with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomywith an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomywith a social objective
- It promotes E/S characteristics, but will not make any sustainable investments
 |

What environmental and/or social characteristics are promoted by this financial product?
Sustainability indicators measure how the environmental or social characteristics promoted by the financial product are attained.
The fund promotes environmental and social characteristics by investing in securities of issuers with favourable ESG characteristics. Favourable ESG characteristics are determined by reference to ESG ratings. ESG ratings consider environmental characteristics including carbon intensity, carbon emissions, energy efficiency, water and waste management and biodiversity, as well as social characteristics including product safety, supply chain, health and safety and human rights.
The fund partially intends to make sustainable investments.
No reference benchmark has been designated for the purpose of attaining the environmental and social characteristics promoted.
What sustainability indicators are used to measure the attainment of each of the environmental or social characteristics promoted by this financial product?
The fund uses the following sustainability indicators in order to measure the attainment of the environmental or social characteristics that it promotes:
- the percentage of the fund invested in securities of issuers with favourable ESG characteristics in accordance with Fidelity’s Sustainable Investing Framework;
- in respect of its direct investments in corporate issuers, the percentage of the fund invested in securities of issuers with exposure to the Exclusions (defined below);
- the percentage of the fund invested in sustainable investments;
- the percentage of the fund invested in sustainable investments with an environmental objective in economic activities (that do not qualify as environmentally sustainable under the EU Taxonomy); and
- the percentage of the fund invested in sustainable investments with a social objective.

What are the objectives of the sustainable investments that the financial product partially intends to make and how does the sustainable investment contribute to such objectives?
The fund determines a sustainable investment as follows:
- issuers that undertake economic activities that contribute to one or more of the environmental objectives set out in the EU Taxonomy and qualify as environmentally sustainable in accordance with EU Taxonomy; or
- issuers whereby the majority of their business activities (more than 50% of revenue) contribute to environmental or social objectives aligned with one or more of the United Nations Sustainable Development Goals (“SDGs”); or
- issuers which have set a decarbonisation target consistent with a 1.5 degree warming scenario or lower (verified by the Science Based Target Initiative or a Fidelity Proprietary Climate Rating) which would be considered to contribute to environmental objectives;provided they do no significant harm, meet minimum safeguards and good governance criteria.

How do the sustainable investments that the financial product partially intends to make, not cause significant harm to any environmental or social sustainable investment objective?
Sustainable investments are screened for involvement in activities that cause significant harm and controversies, assessed through a check that the issuer meets minimum safeguards and standards that relate to principal adverse impacts (PAIs) as well as performance on PAI metrics. This includes:
- Norms-based screens - the screening out of securities identified under Fidelity’s existing norms-based screens (as set out below);
- Activity-based screens - the screening out of issuers based on their participation in activities with significant negative impacts on society or the environment, including issuers that are considered to have a ‘Very Severe’ controversy using controversy screens, covering
- environmental issues,
- human rights and communities,
- labour rights and supply chain,
- customers,
- governance; and
	- PAI indicators - quantitative data (where available) on PAI indicators is used to evaluate whether an issuer is involved in activities that cause significant harm to any environmental or social objective.


Principal adverse impacts are the most significant negative impacts of investment decisions on sustainability factors relating to environmental, social and employee matters, respect for human rights, anti- corruption and anti- bribery matters.
How have the indicators for adverse impacts on sustainability factors been taken into account?
For sustainable investments, as set out above, Fidelity undertakes a quantitative evaluation to identify issuers with challenging performance on PAI indicators. Issuers with a low score will be ineligible to be ‘sustainable investments’ unless Fidelity’s fundamental research determines that the issuer is not breaching “do no significant harm” requirements, or is on the path to mitigate the adverse impacts through effective management or transition.
How are the sustainable investments aligned with the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights? Details:
Norms-based screens are applied: Issuers identified as failing to behave in a way which meets their fundamental responsibilities in the areas of human rights, labour, environmental and anti-corruption as aligned with international norms including those set out by the OECD Guidelines for Multinational Enterprises, the UN Guiding Principles on Business and Human Rights, the UN Global Compact (UNGC) and the International Labour Organisation (ILO) Conventions, are not considered sustainable investments.
The EU Taxonomy sets out a “do not significant harm” principle by which Taxonomy-aligned investments should not significantly harm EU Taxonomy objectives and is accompanied by specific EU criteria.
The “do no significant harm” principle applies only to those investments underlying the financial product that take into account the EU criteria for environmentally sustainable economic activities. The investments underlying the remaining portion of this financial product do not take into account the EU criteria for environmentally sustainable economic activities.
Any other sustainable investments must also not significantly harm any environmental or social objectives.

###### Does this financial product consider principal adverse impacts on sustainability factors?
Yes
- NoConsideration of the principal adverse impacts on sustainability factors of investment decisions (referred to as principal adverse impacts) is incorporated through a variety of tools, including:
- Due Diligence - analysis of whether impacts on sustainability factors are material and negative.
- ESG rating - Fidelity references ESG ratings which incorporate consideration of material principal adverse impacts such as carbon emissions, employee safety and bribery and corruption, water management and, for sovereign issued securities, ratings used incorporate consideration of material principal adverse impacts such as carbon emissions, social violations and freedom of expression.
- Exclusions - When investing directly in corporate issuers, the fund applies the Exclusions (as defined below) to help mitigate the principal adverse impacts through excluding harmful sectors and prohibiting investment in issuers that breach international standards, such as the UNGC.
- Engagement - Fidelity uses engagement as a tool to better understand principal adverse impacts and, in some circumstances, advocate for mitigating the principal adverse impacts. Fidelity participates in relevant individual and collaborative engagements that target a number of principal adverse impacts (i.e. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Voting - Fidelity’s voting policy includes explicit minimum standards for board gender diversity and engagement with climate change for corporate issuers. Fidelity may also vote to help mitigate principal adverse impacts.
- Quarterly reviews - monitoring of principal adverse impacts through the fund’s quarterly review process.

Fidelity takes into account specific indicators for each sustainability factor when considering whether investments have a principal adverse impact. These indicators are subject to data availability and may evolve with improving data quality and availability.
Information on principal adverse impacts will be available in the annual report of the fund.
The investment strategy guides investment decisions based on factors such as investments objectives and risk tolerance.

######  What investment strategy does this financial product follow?
A minimum of 50% of the fund’s assets will be invested in securities with favourable ESG characteristics.
Favourable ESG characteristics are determined by reference to ESG ratings provided by external agencies and Fidelity ESG ratings.
Within this investment universe, the Investment Manager selects stocks through rigorous bottom-up financial analysis and valuation to select stocks with strong investment return potential.
In respect of its direct investments in corporate issuers, the fund is subject to:
- a firm-wide exclusions list, which includes cluster munitions and anti-personnel landmines, and
- a norms-based screening of issuers which the Investment Manager considers have failed to conduct their business in accordance with international norms, including as set out in the UNGC.

The above exclusions and screens (the “Exclusions”) may be updated from time to time. Please refer to the website for further information Sustainable investing framework(fidelityinternational.com).
The Investment Manager also has discretion to implement enhanced, stricter sustainable requirements and exclusions from time to time.
What are the binding elements of the investment strategy used to select the investments to attain each of the environmental or social characteristics promoted by this financial product?
The fund will invest:
- a minimum of 50% of its assets in issuers with favourable ESG characteristics,
- a minimum of 20% in sustainable investments of which a minimum of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 1% have a social objective.

In addition, the fund will systematically apply the Exclusions as described above.
What is the committed minimum rate to reduce the scope of the investments considered prior to the application of that investment strategy?
This question is not applicable.
Good governance practices include sound management structures, employee relations, remuneration of staff and tax compliance.
What is the policy to assess good governance practices of the investee companies?
The governance practices of issuers are assessed using fundamental research, including Fidelity ESG ratings, data regarding controversies and UN Global Compact violations.
Key points that are analysed include track record of capital allocation, financial transparency, related party transactions, board independence and size, executive pay, auditors and internal oversight, minority shareholder rights, among other indicators.
Asset allocation describes the share of investments in specific assets.
Taxonomy-aligned activities are expressed as a share of:
- turnover reflecting the share of revenue from green activities of investee companies
- capital expenditure (CapEx) showing the green investments made by investee companies,e.g. for a transition to a green economy.

- operational expenditure (OpEx) reflecting green operational activities of investee companies.

###### 	What is the asset allocation planned for this financial product?
(#1 Aligned with E/S characteristics) The fund aims to invest:
- a minimum of 50% of its assets in securities of issuers with favourable ESG characteristics,
- A minimum of 20% of its assets in sustainable investments (#1A sustainable) of whicha minimum of of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 1% have a social objective. The remaining sustainable investments of the fund may have an environmental or social objective.

(#1B Other E/S characteristics) Includes securities of issuers with favourable ESG characteristics but are not sustainable investments.
How does the use of derivatives attain the environmental or social characteristics promoted by the financial product?
Where the security underlying a derivative has favourable ESG characteristics in accordance with Fidelity's Sustainable Investing Framework, the derivative may be included in determining the proportion of the fund dedicated to promotion of environmental or social characteristics.
To what minimum extent are sustainable investments with an environmental objective aligned with the EU Taxonomy?
The fund invests a minimum of 0% in sustainable investments with an environmental objective aligned with the EU Taxonomy.
The compliance of the investments of the fund with the EU Taxonomy will not be subject to an assurance by auditors or a review by third parties.
The EU Taxonomy alignment of the underlying investments of the fund is measured by turnover.
Does the financial product invest in fossil gas and/or nuclear energy-related activities that comply with the EU Taxonomy¹?
- YesNo
- In fossil gas	In nuclear energyWhat is the minimum share of investments in transitional and enabling activities?

The fund invests a minimum of 0% in transitional activities and a minimum of 0% in enabling activities.
What is the minimum share of sustainable investments with an environmental objective that are not aligned with the EU Taxonomy?
The fund invests a minimum of 1% in sustainable investments with an environmental objective that is not aligned with the EU Taxonomy.
Investments could be aligned with the EU Taxonomy but the Investment Manager is not currently in a position to specify the exact proportion of the fund’s underlying investments which take into account the EU criteria for environmentally sustainable economic activities. However, the position will be kept under review as the underlying rules are finalised and the availability of reliable data increases over time.
¹Fossil gas and/or nuclear related activities will only comply with the EU Taxonomy where they contribute to limiting climate change (“climate change mitigation”) and do not significantly harm any EU Taxonomy objectives - see explanatory note in the left hand margin. The full criteria for fossil gas and nuclear energy economic activities that comply with the EU Taxonomy are laid down in Commission Delegated Regulation (EU) 2022/1214.
What is the minimum share of socially sustainable investments?
The fund invests a minimum of 1% in sustainable investments with a social objective.
What investments are included under “#2 Other”, what is their purpose and are there any minimum environmental or social safeguards?
The remaining investments of the fund will be invested in assets aligned with the financial objective of the fund, cash and cash equivalents for liquidity purposes and derivatives which may be used for investment and efficient portfolio management.
As a minimum environmental and social safeguard, the fund will adhere to the Exclusions.

###### Is a specific index designated as a reference benchmark to determine whether this financial product is aligned with the environmental and/or social characteristics that it promotes?
An index has not been designated as a reference benchmark to determine whether this financial product is aligned with the environmental or social characteristics that it promotes.
Reference benchmarks are indexes to measure whether the financial product attains the environmental or social characteristics that they promote.
How is the reference benchmark continuously aligned with each of the environmental or social characteristics promoted by the financial product?
This question is not applicable.
How is the alignment of the investment strategy with the methodology of the index ensured on a continuous basis?
This question is not applicable.
How does the designated index differ from a relevant broad market index?
This question is not applicable.
Where can the methodology used for the calculation of the designated index be found?
This question is not applicable.

###### 	Where can I find more product specific information online?
More product-specific information can be found on the website: https:/www.fidelity.lu/funds/factsheet/LU0296857971/tab-disclosure#SFDR-disclosure. 
Further information on the methodologies set out herein is available on the website: Sustainable investing framework (fidelityinternational.com).
Pre-contractual disclosure for the financial products referred to in Article 8, paragraphs 1, 2 and 2a, of Regulation (EU) 2019/2088 and Article 6, first paragraph, of Regulation (EU) 2020/852
Product name:	Legal entity identifier:
Fidelity Funds - European Larger Companies Fund	5493001IG3HUGK4JRN48

###### Environmental and/or social characteristics
| Does this financial product have a sustainable investment objective? |
| --- |
|  | - Yes
 |  | No |
| - It will make a minimum of sustainable investments with an environmental objective:%
- in economic activities that qualify as environmentally sustainable under the EU Taxonomy
- in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
- It will make a minimum of sustainable investments with a social objective:%
 | It promotes Environmental/Social (E/S) characteristics and while it does not have as its objective a sustainable investment, it will have a minimum proportion of 20% of sustainable investments - with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomywith an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomywith a social objective
- It promotes E/S characteristics, but will not make any sustainable investments
 |

What environmental and/or social characteristics are promoted by this financial product?
Sustainability indicators measure how the environmental or social characteristics promoted by the financial product are attained.
The fund promotes environmental and social characteristics by investing in securities of issuers with favourable ESG characteristics. Favourable ESG characteristics are determined by reference to ESG ratings. ESG ratings consider environmental characteristics including carbon intensity, carbon emissions, energy efficiency, water and waste management and biodiversity, as well as social characteristics including product safety, supply chain, health and safety and human rights.
The fund partially intends to make sustainable investments.
No reference benchmark has been designated for the purpose of attaining the environmental and social characteristics promoted.
What sustainability indicators are used to measure the attainment of each of the environmental or social characteristics promoted by this financial product?
The fund uses the following sustainability indicators in order to measure the attainment of the environmental or social characteristics that it promotes:
- the percentage of the fund invested in securities of issuers with favourable ESG characteristics in accordance with Fidelity’s Sustainable Investing Framework;
- in respect of its direct investments in corporate issuers, the percentage of the fund invested in securities of issuers with exposure to the Exclusions (defined below);
- the percentage of the fund invested in sustainable investments;
- the percentage of the fund invested in sustainable investments with an environmental objective in economic activities (that do not qualify as environmentally sustainable under the EU Taxonomy); and
- the percentage of the fund invested in sustainable investments with a social objective.

What are the objectives of the sustainable investments that the financial product partially intends to make and how does the sustainable investment contribute to such objectives?
The fund determines a sustainable investment as follows:
- issuers that undertake economic activities that contribute to one or more of the environmental objectives set out in the EU Taxonomy and qualify as environmentally sustainable in accordance with EU Taxonomy; or
- issuers whereby the majority of their business activities (more than 50% of revenue) contribute to environmental or social objectives aligned with one or more of the United Nations Sustainable Development Goals (“SDGs”); or
- issuers which have set a decarbonisation target consistent with a 1.5 degree warming scenario or lower (verified by the Science Based Target Initiative or a Fidelity Proprietary Climate Rating) which would be considered to contribute to environmental objectives;provided they do no significant harm, meet minimum safeguards and good governance criteria.

How do the sustainable investments that the financial product partially intends to make, not cause significant harm to any environmental or social sustainable investment objective?
Sustainable investments are screened for involvement in activities that cause significant harm and controversies, assessed through a check that the issuer meets minimum safeguards and standards that relate to principal adverse impacts (PAIs) as well as performance on PAI metrics. This includes:
- Norms-based screens - the screening out of securities identified under Fidelity’s existing norms-based screens (as set out below);
- Activity-based screens - the screening out of issuers based on their participation in activities with significant negative impacts on society or the environment, including issuers that are considered to have a ‘Very Severe’ controversy using controversy screens, covering
- environmental issues,
- human rights and communities,
- labour rights and supply chain,
- customers,
- governance; and
	- PAI indicators - quantitative data (where available) on PAI indicators is used to evaluate whether an issuer is involved in activities that cause significant harm to any environmental or social objective.


Principal adverse impacts are the most significant negative impacts of investment decisions on sustainability factors relating to environmental, social and employee matters, respect for human rights, anti- corruption and anti- bribery matters.
How have the indicators for adverse impacts on sustainability factors been taken into account?
For sustainable investments, as set out above, Fidelity undertakes a quantitative evaluation to identify issuers with challenging performance on PAI indicators. Issuers with a low score will be ineligible to be ‘sustainable investments’ unless Fidelity’s fundamental research determines that the issuer is not breaching “do no significant harm” requirements, or is on the path to mitigate the adverse impacts through effective management or transition.
How are the sustainable investments aligned with the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights? Details:
Norms-based screens are applied: Issuers identified as failing to behave in a way which meets their fundamental responsibilities in the areas of human rights, labour, environmental and anti-corruption as aligned with international norms including those set out by the OECD Guidelines for Multinational Enterprises, the UN Guiding Principles on Business and Human Rights, the UN Global Compact (UNGC) and the International Labour Organisation (ILO) Conventions, are not considered sustainable investments.
The EU Taxonomy sets out a “do not significant harm” principle by which Taxonomy-aligned investments should not significantly harm EU Taxonomy objectives and is accompanied by specific EU criteria.
The “do no significant harm” principle applies only to those investments underlying the financial product that take into account the EU criteria for environmentally sustainable economic activities. The investments underlying the remaining portion of this financial product do not take into account the EU criteria for environmentally sustainable economic activities.
Any other sustainable investments must also not significantly harm any environmental or social objectives.

###### Does this financial product consider principal adverse impacts on sustainability factors?
Yes
- NoConsideration of the principal adverse impacts on sustainability factors of investment decisions (referred to as principal adverse impacts) is incorporated through a variety of tools, including:
- Due Diligence - analysis of whether impacts on sustainability factors are material and negative.
- ESG rating - Fidelity references ESG ratings which incorporate consideration of material principal adverse impacts such as carbon emissions, employee safety and bribery and corruption, water management and, for sovereign issued securities, ratings used incorporate consideration of material principal adverse impacts such as carbon emissions, social violations and freedom of expression.
- Exclusions - When investing directly in corporate issuers, the fund applies the Exclusions (as defined below) to help mitigate the principal adverse impacts through excluding harmful sectors and prohibiting investment in issuers that breach international standards, such as the UNGC.
- Engagement - Fidelity uses engagement as a tool to better understand principal adverse impacts and, in some circumstances, advocate for mitigating the principal adverse impacts. Fidelity participates in relevant individual and collaborative engagements that target a number of principal adverse impacts (i.e. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Voting - Fidelity’s voting policy includes explicit minimum standards for board gender diversity and engagement with climate change for corporate issuers. Fidelity may also vote to help mitigate principal adverse impacts.
- Quarterly reviews - monitoring of principal adverse impacts through the fund’s quarterly review process.

Fidelity takes into account specific indicators for each sustainability factor when considering whether investments have a principal adverse impact. These indicators are subject to data availability and may evolve with improving data quality and availability.
Information on principal adverse impacts will be available in the annual report of the fund.
The investment strategy guides investment decisions based on factors such as investments objectives and risk tolerance.

######  What investment strategy does this financial product follow?
A minimum of 50% of the fund’s assets will be invested in securities with favourable ESG characteristics.
Favourable ESG characteristics are determined by reference to ESG ratings provided by external agencies and Fidelity ESG ratings.
Within this investment universe, the Investment Manager selects stocks through rigorous bottom-up financial analysis and valuation to select stocks with strong investment return potential.
In respect of its direct investments in corporate issuers, the fund is subject to:
- a firm-wide exclusions list, which includes cluster munitions and anti-personnel landmines, and
- a norms-based screening of issuers which the Investment Manager considers have failed to conduct their business in accordance with international norms, including as set out in the UNGC.

The above exclusions and screens (the “Exclusions”) may be updated from time to time. Please refer to the website for further information Sustainable investing framework(fidelityinternational.com).
The Investment Manager also has discretion to implement enhanced, stricter sustainable requirements and exclusions from time to time.
What are the binding elements of the investment strategy used to select the investments to attain each of the environmental or social characteristics promoted by this financial product?
The fund will invest:
- a minimum of 50% of its assets in issuers with favourable ESG characteristics,
- a minimum of 20% in sustainable investments of which a minimum of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 1% have a social objective.

In addition, the fund will systematically apply the Exclusions as described above.
What is the committed minimum rate to reduce the scope of the investments considered prior to the application of that investment strategy?
This question is not applicable.
Good governance practices include sound management structures, employee relations, remuneration of staff and tax compliance.
What is the policy to assess good governance practices of the investee companies?
The governance practices of issuers are assessed using fundamental research, including Fidelity ESG ratings, data regarding controversies and UN Global Compact violations.
Key points that are analysed include track record of capital allocation, financial transparency, related party transactions, board independence and size, executive pay, auditors and internal oversight, minority shareholder rights, among other indicators.
Asset allocation describes the share of investments in specific assets.
Taxonomy-aligned activities are expressed as a share of:
- turnover reflecting the share of revenue from green activities of investee companies
- capital expenditure (CapEx) showing the green investments made by investee companies,e.g. for a transition to a green economy.

- operational expenditure (OpEx) reflecting green operational activities of investee companies.

###### 	What is the asset allocation planned for this financial product?
(#1 Aligned with E/S characteristics) The fund aims to invest:
- a minimum of 50% of its assets in securities of issuers with favourable ESG characteristics,
- A minimum of 20% of its assets in sustainable investments (#1A sustainable) of whicha minimum of of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 1% have a social objective. The remaining sustainable investments of the fund may have an environmental or social objective.

(#1B Other E/S characteristics) Includes securities of issuers with favourable ESG characteristics but are not sustainable investments.
How does the use of derivatives attain the environmental or social characteristics promoted by the financial product?
Where the security underlying a derivative has favourable ESG characteristics in accordance with Fidelity's Sustainable Investing Framework, the derivative may be included in determining the proportion of the fund dedicated to promotion of environmental or social characteristics.
To what minimum extent are sustainable investments with an environmental objective aligned with the EU Taxonomy?
The fund invests a minimum of 0% in sustainable investments with an environmental objective aligned with the EU Taxonomy.
The compliance of the investments of the fund with the EU Taxonomy will not be subject to an assurance by auditors or a review by third parties.
The EU Taxonomy alignment of the underlying investments of the fund is measured by turnover.
Does the financial product invest in fossil gas and/or nuclear energy-related activities that comply with the EU Taxonomy¹?
- YesNo
- In fossil gas	In nuclear energyWhat is the minimum share of investments in transitional and enabling activities?

The fund invests a minimum of 0% in transitional activities and a minimum of 0% in enabling activities.
What is the minimum share of sustainable investments with an environmental objective that are not aligned with the EU Taxonomy?
The fund invests a minimum of 1% in sustainable investments with an environmental objective that is not aligned with the EU Taxonomy.
Investments could be aligned with the EU Taxonomy but the Investment Manager is not currently in a position to specify the exact proportion of the fund’s underlying investments which take into account the EU criteria for environmentally sustainable economic activities. However, the position will be kept under review as the underlying rules are finalised and the availability of reliable data increases over time.
¹Fossil gas and/or nuclear related activities will only comply with the EU Taxonomy where they contribute to limiting climate change (“climate change mitigation”) and do not significantly harm any EU Taxonomy objectives - see explanatory note in the left hand margin. The full criteria for fossil gas and nuclear energy economic activities that comply with the EU Taxonomy are laid down in Commission Delegated Regulation (EU) 2022/1214.
What is the minimum share of socially sustainable investments?
The fund invests a minimum of 1% in sustainable investments with a social objective.
What investments are included under “#2 Other”, what is their purpose and are there any minimum environmental or social safeguards?
The remaining investments of the fund will be invested in assets aligned with the financial objective of the fund, cash and cash equivalents for liquidity purposes and derivatives which may be used for investment and efficient portfolio management.
As a minimum environmental and social safeguard, the fund will adhere to the Exclusions.

###### Is a specific index designated as a reference benchmark to determine whether this financial product is aligned with the environmental and/or social characteristics that it promotes?
An index has not been designated as a reference benchmark to determine whether this financial product is aligned with the environmental or social characteristics that it promotes.
Reference benchmarks are indexes to measure whether the financial product attains the environmental or social characteristics that they promote.
How is the reference benchmark continuously aligned with each of the environmental or social characteristics promoted by the financial product?
This question is not applicable.
How is the alignment of the investment strategy with the methodology of the index ensured on a continuous basis?
This question is not applicable.
How does the designated index differ from a relevant broad market index?
This question is not applicable.
Where can the methodology used for the calculation of the designated index be found?
This question is not applicable.

###### 	Where can I find more product specific information online?
More product-specific information can be found on the website: https:/www.fidelity.lu/funds/factsheet/LU0251129549/tab-disclosure#SFDR-disclosure. 
Further information on the methodologies set out herein is available on the website: Sustainable investing framework (fidelityinternational.com).
Pre-contractual disclosure for the financial products referred to in Article 8, paragraphs 1, 2 and 2a, of Regulation (EU) 2019/2088 and Article 6, first paragraph, of Regulation (EU) 2020/852
Product name:	Legal entity identifier:
Fidelity Funds - European Low Volatility Equity Fund	254900QTLOPDWWO9F129

###### Environmental and/or social characteristics
| Does this financial product have a sustainable investment objective? |
| --- |
|  | - Yes
 |  | No |
| - It will make a minimum of sustainable investments with an environmental objective:%
- in economic activities that qualify as environmentally sustainable under the EU Taxonomy
- in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
- It will make a minimum of sustainable investments with a social objective:%
 | It promotes Environmental/Social (E/S) characteristics and while it does not have as its objective a sustainable investment, it will have a minimum proportion of 20% of sustainable investments with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomy with an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy with a social objective - It promotes E/S characteristics, but will not make any sustainable investments
 |

What environmental and/or social characteristics are promoted by this financial product?
Sustainability indicators measure how the environmental or social characteristics promoted by the financial product are attained.
The fund promotes environmental and social characteristics by investing in securities of issuers with favourable ESG characteristics. Favourable ESG characteristics are determined by reference to ESG ratings. ESG ratings consider environmental characteristics including carbon intensity, carbon emissions, energy efficiency, water and waste management and biodiversity, as well as social characteristics including product safety, supply chain, health and safety and human rights.
The fund partially intends to make sustainable investments.
No reference benchmark has been designated for the purpose of attaining the environmental and social characteristics promoted.
What sustainability indicators are used to measure the attainment of each of the environmental or social characteristics promoted by this financial product?
The fund uses the following sustainability indicators in order to measure the attainment of the environmental or social characteristics that it promotes:
- the percentage of the fund invested in securities of issuers with favourable ESG characteristics in accordance with Fidelity’s Sustainable Investing Framework;
- in respect of its direct investments in corporate issuers, the percentage of the fund invested in securities of issuers with exposure to the Exclusions (defined below);
- the percentage of the fund invested in sustainable investments;
- the percentage of the fund invested in sustainable investments with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomy;
- the percentage of the fund invested in sustainable investments with an environmental objective in economic activities (that do not qualify as environmentally sustainable under the EU Taxonomy); and
- the percentage of the fund invested in sustainable investments with a social objective.

What are the objectives of the sustainable investments that the financial product partially intends to make and how does the sustainable investment contribute to such objectives?
The fund determines a sustainable investment as follows:
- issuers that undertake economic activities that contribute to one or more of the environmental objectives set out in the EU Taxonomy and qualify as environmentally sustainable in accordance with EU Taxonomy; or
- issuers whereby the majority of their business activities (more than 50% of revenue) contribute to environmental or social objectives aligned with one or more of the United Nations Sustainable Development Goals (“SDGs”); or
- issuers which have set a decarbonisation target consistent with a 1.5 degree warming scenario or lower (verified by the Science Based Target Initiative or a Fidelity Proprietary Climate Rating) which would be considered to contribute to environmental objectives;provided they do no significant harm, meet minimum safeguards and good governance criteria.

How do the sustainable investments that the financial product partially intends to make, not cause significant harm to any environmental or social sustainable investment objective?
Sustainable investments are screened for involvement in activities that cause significant harm and controversies, assessed through a check that the issuer meets minimum safeguards and standards that relate to principal adverse impacts (PAIs) as well as performance on PAI metrics. This includes:
- Norms-based screens - the screening out of securities identified under Fidelity’s existing norms-based screens (as set out below);
- Activity-based screens - the screening out of issuers based on their participation in activities with significant negative impacts on society or the environment, including issuers that are considered to have a ‘Very Severe’ controversy using controversy screens, covering
- environmental issues,
- human rights and communities,
- labour rights and supply chain,
- customers,
- governance; and
	- PAI indicators - quantitative data (where available) on PAI indicators is used to evaluate whether an issuer is involved in activities that cause significant harm to any environmental or social objective.


Principal adverse impacts are the most significant negative impacts of investment decisions on sustainability factors relating to environmental, social and employee matters, respect for human rights, anti- corruption and anti- bribery matters.
How have the indicators for adverse impacts on sustainability factors been taken into account?
For sustainable investments, as set out above, Fidelity undertakes a quantitative evaluation to identify issuers with challenging performance on PAI indicators. Issuers with a low score will be ineligible to be ‘sustainable investments’ unless Fidelity’s fundamental research determines that the issuer is not breaching “do no significant harm” requirements, or is on the path to mitigate the adverse impacts through effective management or transition.
How are the sustainable investments aligned with the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights? Details:
Norms-based screens are applied: Issuers identified as failing to behave in a way which meets their fundamental responsibilities in the areas of human rights, labour, environmental and anti-corruption as aligned with international norms including those set out by the OECD Guidelines for Multinational Enterprises, the UN Guiding Principles on Business and Human Rights, the UN Global Compact (UNGC) and the International Labour Organisation (ILO) Conventions, are not considered sustainable investments.
The EU Taxonomy sets out a “do not significant harm” principle by which Taxonomy-aligned investments should not significantly harm EU Taxonomy objectives and is accompanied by specific EU criteria.
The “do no significant harm” principle applies only to those investments underlying the financial product that take into account the EU criteria for environmentally sustainable economic activities. The investments underlying the remaining portion of this financial product do not take into account the EU criteria for environmentally sustainable economic activities.
Any other sustainable investments must also not significantly harm any environmental or social objectives.

###### Does this financial product consider principal adverse impacts on sustainability factors?
Yes
- NoConsideration of the principal adverse impacts on sustainability factors of investment decisions (referred to as principal adverse impacts) is incorporated through a variety of tools, including:
- Due Diligence - analysis of whether impacts on sustainability factors are material and negative.
- ESG rating - Fidelity references ESG ratings which incorporate consideration of material principal adverse impacts such as carbon emissions, employee safety and bribery and corruption, water management and, for sovereign issued securities, ratings used incorporate consideration of material principal adverse impacts such as carbon emissions, social violations and freedom of expression.
- Exclusions - When investing directly in corporate issuers, the fund applies the Exclusions (as defined below) to help mitigate the principal adverse impacts through excluding harmful sectors and prohibiting investment in issuers that breach international standards, such as the UNGC.
- Engagement - Fidelity uses engagement as a tool to better understand principal adverse impacts and, in some circumstances, advocate for mitigating the principal adverse impacts. Fidelity participates in relevant individual and collaborative engagements that target a number of principal adverse impacts (i.e. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Voting - Fidelity’s voting policy includes explicit minimum standards for board gender diversity and engagement with climate change for corporate issuers. Fidelity may also vote to help mitigate principal adverse impacts.
- Quarterly reviews - monitoring of principal adverse impacts through the fund’s quarterly review process.

Fidelity takes into account specific indicators for each sustainability factor when considering whether investments have a principal adverse impact. These indicators are subject to data availability and may evolve with improving data quality and availability.
Information on principal adverse impacts will be available in the annual report of the fund.
The investment strategy guides investment decisions based on factors such as investments objectives and risk tolerance.

######  What investment strategy does this financial product follow?
A minimum of 50% of the fund’s assets will be invested in securities with favourable ESG characteristics.
Favourable ESG characteristics are determined by reference to ESG ratings provided by external agencies and Fidelity ESG ratings.
Within this investment universe, the Investment Manager selects stocks through rigorous bottom-up financial analysis and valuation to select stocks with strong investment return potential.
In respect of its direct investments in corporate issuers, the fund is subject to:
- a firm-wide exclusions list, which includes cluster munitions and anti-personnel landmines, and
- a norms-based screening of issuers which the Investment Manager considers have failed to conduct their business in accordance with international norms, including as set out in the UNGC.

The above exclusions and screens (the “Exclusions”) may be updated from time to time. Please refer to the website for further information Sustainable investing framework(fidelityinternational.com).
The Investment Manager also has discretion to implement enhanced, stricter sustainable requirements and exclusions from time to time.
What are the binding elements of the investment strategy used to select the investments to attain each of the environmental or social characteristics promoted by this financial product?
The fund will invest:
- a minimum of 50% of its assets in issuers with favourable ESG characteristics,
- a minimum of 20% in sustainable investments of which a minimum of 1% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 5% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 10% have a social objective.

In addition, the fund will systematically apply the Exclusions as described above.
What is the committed minimum rate to reduce the scope of the investments considered prior to the application of that investment strategy?
This question is not applicable.
Good governance practices include sound management structures, employee relations, remuneration of staff and tax compliance.
What is the policy to assess good governance practices of the investee companies?
The governance practices of issuers are assessed using fundamental research, including Fidelity ESG ratings, data regarding controversies and UN Global Compact violations.
Key points that are analysed include track record of capital allocation, financial transparency, related party transactions, board independence and size, executive pay, auditors and internal oversight, minority shareholder rights, among other indicators.
Asset allocation describes the share of investments in specific assets.
Taxonomy-aligned activities are expressed as a share of:
- turnover reflecting the share of revenue from green activities of investee companies
- capital expenditure (CapEx) showing the green investments made by investee companies,e.g. for a transition to a green economy.

- operational expenditure (OpEx) reflecting green operational activities of investee companies.

###### 	What is the asset allocation planned for this financial product?
(#1 Aligned with E/S characteristics) The fund aims to invest:
- a minimum of 50% of its assets in securities of issuers with favourable ESG characteristics,
- A minimum of 20% of its assets in sustainable investments (#1A sustainable) of whicha minimum of of 1% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 5% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 10% have a social objective. The remaining sustainable investments of the fund may have an environmental or social objective.

(#1B Other E/S characteristics) Includes securities of issuers with favourable ESG characteristics but are not sustainable investments.
How does the use of derivatives attain the environmental or social characteristics promoted by the financial product?
Where the security underlying a derivative has favourable ESG characteristics in accordance with Fidelity's Sustainable Investing Framework, the derivative may be included in determining the proportion of the fund dedicated to promotion of environmental or social characteristics.
To what minimum extent are sustainable investments with an environmental objective aligned with the EU Taxonomy?
The fund invests a minimum of 1% in sustainable investments with an environmental objective aligned with the EU Taxonomy.
The compliance of the investments of the fund with the EU Taxonomy will not be subject to an assurance by auditors or a review by third parties.
The EU Taxonomy alignment of the underlying investments of the fund is measured by turnover.
Does the financial product invest in fossil gas and/or nuclear energy-related activities that comply with the EU Taxonomy¹?
- YesNo
- In fossil gas	In nuclear energyWhat is the minimum share of investments in transitional and enabling activities?

The fund invests a minimum of 0% in transitional activities and a minimum of 0% in enabling activities.
What is the minimum share of sustainable investments with an environmental objective that are not aligned with the EU Taxonomy?
The fund invests a minimum of 5% in sustainable investments with an environmental objective that is not aligned with the EU Taxonomy.
Investments could be aligned with the EU Taxonomy but the Investment Manager is not currently in a position to specify the exact proportion of the fund’s underlying investments which take into account the EU criteria for environmentally sustainable economic activities. However, the position will be kept under review as the underlying rules are finalised and the availability of reliable data increases over time.
¹Fossil gas and/or nuclear related activities will only comply with the EU Taxonomy where they contribute to limiting climate change (“climate change mitigation”) and do not significantly harm any EU Taxonomy objectives - see explanatory note in the left hand margin. The full criteria for fossil gas and nuclear energy economic activities that comply with the EU Taxonomy are laid down in Commission Delegated Regulation (EU) 2022/1214.
What is the minimum share of socially sustainable investments?
The fund invests a minimum of 10% in sustainable investments with a social objective.
What investments are included under “#2 Other”, what is their purpose and are there any minimum environmental or social safeguards?
The remaining investments of the fund will be invested in assets aligned with the financial objective of the fund, cash and cash equivalents for liquidity purposes and derivatives which may be used for investment and efficient portfolio management.
As a minimum environmental and social safeguard, the fund will adhere to the Exclusions.

###### Is a specific index designated as a reference benchmark to determine whether this financial product is aligned with the environmental and/or social characteristics that it promotes?
An index has not been designated as a reference benchmark to determine whether this financial product is aligned with the environmental or social characteristics that it promotes.
Reference benchmarks are indexes to measure whether the financial product attains the environmental or social characteristics that they promote.
How is the reference benchmark continuously aligned with each of the environmental or social characteristics promoted by the financial product?
This question is not applicable.
How is the alignment of the investment strategy with the methodology of the index ensured on a continuous basis?
This question is not applicable.
How does the designated index differ from a relevant broad market index?
This question is not applicable.
Where can the methodology used for the calculation of the designated index be found?
This question is not applicable.

###### 	Where can I find more product specific information online?
More product-specific information can be found on the website: https:/www.fidelity.lu/funds/factsheet/LU2346229433/tab-disclosure#SFDR-disclosure. 
Further information on the methodologies set out herein is available on the website: Sustainable investing framework (fidelityinternational.com).
Pre-contractual disclosure for the financial products referred to in Article 8, paragraphs 1, 2 and 2a, of Regulation (EU) 2019/2088 and Article 6, first paragraph, of Regulation (EU) 2020/852
Product name:	Legal entity identifier:
Fidelity Funds - Germany Fund	54930064HCI3BC84WQ28

###### Environmental and/or social characteristics
| Does this financial product have a sustainable investment objective? |
| --- |
|  | - Yes
 |  | No |
| - It will make a minimum of sustainable investments with an environmental objective:%
- in economic activities that qualify as environmentally sustainable under the EU Taxonomy
- in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
- It will make a minimum of sustainable investments with a social objective:%
 | It promotes Environmental/Social (E/S) characteristics and while it does not have as its objective a sustainable investment, it will have a minimum proportion of 33% of sustainable investments - with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomywith an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomywith a social objective
- It promotes E/S characteristics, but will not make any sustainable investments
 |

What environmental and/or social characteristics are promoted by this financial product?
Sustainability indicators measure how the environmental or social characteristics promoted by the financial product are attained.
The fund promotes environmental and social characteristics by investing in securities of issuers with favourable ESG characteristics. Favourable ESG characteristics are determined by reference to ESG ratings. ESG ratings consider environmental characteristics including carbon intensity, carbon emissions, energy efficiency, water and waste management and biodiversity, as well as social characteristics including product safety, supply chain, health and safety and human rights.
The fund partially intends to make sustainable investments.
No reference benchmark has been designated for the purpose of attaining the environmental and social characteristics promoted.
What sustainability indicators are used to measure the attainment of each of the environmental or social characteristics promoted by this financial product?
The fund uses the following sustainability indicators in order to measure the attainment of the environmental or social characteristics that it promotes:
- the percentage of the fund invested in securities of issuers with favourable ESG characteristics in accordance with Fidelity’s Sustainable Investing Framework;
- in respect of its direct investments in corporate issuers, the percentage of the fund invested in securities of issuers with exposure to the Exclusions (defined below);
- the percentage of the fund invested in sustainable investments;
- the percentage of the fund invested in sustainable investments with an environmental objective in economic activities (that do not qualify as environmentally sustainable under the EU Taxonomy); and
- the percentage of sustainable investments with a social objective.

What are the objectives of the sustainable investments that the financial product partially intends to make and how does the sustainable investment contribute to such objectives?
The fund determines a sustainable investment as follows:
- issuers that undertake economic activities that contribute to one or more of the environmental objectives set out in the EU Taxonomy and qualify as environmentally sustainable in accordance with EU Taxonomy; or
- issuers whereby the majority of their business activities (more than 50% of revenue) contribute to environmental or social objectives aligned with one or more of the United Nations Sustainable Development Goals (“SDGs”); or
- issuers which have set a decarbonisation target consistent with a 1.5 degree warming scenario or lower (verified by the Science Based Target Initiative or a Fidelity Proprietary Climate Rating) which would be considered to contribute to environmental objectives;provided they do no significant harm, meet minimum safeguards and good governance criteria.

How do the sustainable investments that the financial product partially intends to make, not cause significant harm to any environmental or social sustainable investment objective?
Sustainable investments are screened for involvement in activities that cause significant harm and controversies, assessed through a check that the issuer meets minimum safeguards and standards that relate to principal adverse impacts (PAIs) as well as for performance on PAI metrics. This includes:
- Norms-based screens - the screening out of securities identified under Fidelity’s existing norms-based screens (as set out below);
- Activity-based screens - the screening out of issuers based on their participation in activities with significant negative impacts on society or the environment, including issuers that are considered to have a ‘Very Severe’ controversy using controversy screens, covering
- environmental issues,
- human rights and communities,
- labour rights and supply chain,
- customers,
- governance; and
	- PAI indicators - quantitative data (where available) on PAI indicators is used to evaluate whether an issuer is involved in activities that cause significant harm to any environmental or social objective.


Principal adverse impacts are the most significant negative impacts of investment decisions on sustainability factors relating to environmental, social and employee matters, respect for human rights, anti- corruption and anti- bribery matters.
How have the indicators for adverse impacts on sustainability factors been taken into account?
For sustainable investments, as set out above, Fidelity undertakes a quantitative evaluation to identify issuers with challenging performance on PAI indicators. Issuers with a low score will be ineligible to be ‘sustainable investments’ unless Fidelity’s fundamental research determines that the issuer is not breaching “do no significant harm” requirements, or is on the path to mitigate the adverse impacts through effective management or transition.
How are the sustainable investments aligned with the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights? Details:
Norms-based screens are applied: Issuers identified as failing to behave in a way which meets their fundamental responsibilities in the areas of human rights, labour, environmental and anti-corruption as aligned with international norms including those set out by the OECD Guidelines for Multinational Enterprises, the UN Guiding Principles on Business and Human Rights, the UN Global Compact (UNGC) and the International Labour Organisation (ILO) Conventions, are not considered sustainable investments.
The EU Taxonomy sets out a “do not significant harm” principle by which Taxonomy-aligned investments should not significantly harm EU Taxonomy objectives and is accompanied by specific EU criteria.
The “do no significant harm” principle applies only to those investments underlying the financial product that take into account the EU criteria for environmentally sustainable economic activities. The investments underlying the remaining portion of this financial product do not take into account the EU criteria for environmentally sustainable economic activities.
Any other sustainable investments must also not significantly harm any environmental or social objectives.

###### Does this financial product consider principal adverse impacts on sustainability factors?
Yes
- NoConsideration of the principal adverse impacts on sustainability factors of investment decisions (referred to as principal adverse impacts) is incorporated through a variety of tools, including:
- Due Diligence - analysis of whether impacts on sustainability factors are material and negative.
- ESG rating - Fidelity references ESG ratings which incorporate consideration of material principal adverse impacts such as carbon emissions, employee safety and bribery and corruption, water management and, for sovereign issued securities, ratings used incorporate consideration of material principal adverse impacts such as carbon emissions, social violations and freedom of expression.
- Exclusions - When investing directly in corporate issuers, the fund applies the Exclusions (as defined below) to help mitigate the principal adverse impacts through excluding harmful sectors and prohibiting investment in issuers that breach international standards, such as the UNGC.
- Engagement - Fidelity uses engagement as a tool to better understand principal adverse impacts and, in some circumstances, advocate for mitigating the principal adverse impacts. Fidelity participates in relevant individual and collaborative engagements that target a number of principal adverse impacts (i.e. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Voting - Fidelity’s voting policy includes explicit minimum standards for board gender diversity and engagement with climate change for corporate issuers. Fidelity may also vote to help mitigate principal adverse impacts.
- Quarterly reviews - monitoring of principal adverse impacts through the fund’s quarterly review process.

Fidelity takes into account specific indicators for each sustainability factor when considering whether investments have a principal adverse impact. These indicators are subject to data availability and may evolve with improving data quality and availability.
Information on principal adverse impacts will be available in the annual report of the fund.
The investment strategy guides investment decisions based on factors such as investments objectives and risk tolerance.

######  What investment strategy does this financial product follow?
A minimum of 50% of the fund’s assets will be invested in securities with favourable ESG characteristics.
Favourable ESG characteristics are determined by reference to ESG ratings provided by external agencies and Fidelity ESG ratings.
Within this investment universe, the investment manager selects stocks through rigorous bottom-up financial analysis and valuation to select stocks with strong investment return potential.
In respect of its direct investments in corporate issuers, the fund is subject to:
- a firm-wide exclusions list, which includes cluster munitions and anti-personnel landmines, and
- a norms-based screening of issuers which the investment manager considers have failed to conduct their business in accordance with international norms, including as set out in the UNGC.

The above exclusions and screens (the “Exclusions”) may be updated from time to time. Please refer to the website for further information Sustainable investing framework(fidelityinternational.com).
The investment manager also has discretion to implement enhanced, stricter sustainable requirements and exclusions from time to time.
What are the binding elements of the investment strategy used to select the investments to attain each of the environmental or social characteristics promoted by this financial product?
The fund will invest:
- a minimum of 50% of its assets in issuers with favourable ESG characteristics,
- a minimum of 33% in sustainable investments of which a minimum of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 5% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 20% have a social objective.

In addition, the fund will systematically apply the Exclusions as described above.
What is the committed minimum rate to reduce the scope of the investments considered prior to the application of that investment strategy?
This question is not applicable.
Good governance practices include sound management structures, employee relations, remuneration of staff and tax compliance.
What is the policy to assess good governance practices of the investee companies?
The governance practices of issuers are assessed using fundamental research, including Fidelity ESG ratings, data regarding controversies and UN Global Compact violations.
Key points that are analysed include track record of capital allocation, financial transparency, related party transactions, board independence and size, executive pay, auditors and internal oversight, minority shareholder rights, among other indicators.
Asset allocation describes the share of investments in specific assets.
Taxonomy-aligned activities are expressed as a share of:
- turnover reflecting the share of revenue from green activities of investee companies
- capital expenditure (CapEx) showing the green investments made by investee companies,e.g. for a transition to a green economy.

- operational expenditure (OpEx) reflecting green operational activities of investee companies.

###### 	What is the asset allocation planned for this financial product?
(#1 aligned with E/S characteristics) The fund aims to invest:
- a minimum of 50% of its assets in securities of issuers with favourable ESG characteristics,
- a minimum of 33% in sustainable investments (#1A sustainable) of which a minimum ofof 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 5% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 20% have a social objective. The remaining sustainable investments of the fund may have an environmental or social objective.

(#1B Other E/S characteristics) Includes securities of issuers with favourable ESG characteristics but are not sustainable investments.
How does the use of derivatives attain the environmental or social characteristics promoted by the financial product?
Where the security underlying a derivative has favourable ESG characteristics in accordance with Fidelity's Sustainable Investing Framework, the derivative may be included in determining the proportion of the fund dedicated to promotion of environmental or social characteristics.
To what minimum extent are sustainable investments with an environmental objective aligned with the EU Taxonomy?
The fund invests a minimum of 0% in sustainable investments with an environmental objective aligned with the EU Taxonomy.
The compliance of the investments of the fund with the EU Taxonomy will not be subject to an assurance by auditors or a review by third parties.
The EU Taxonomy alignment of the underlying investments of the fund is measured by turnover.
Does the financial product invest in fossil gas and/or nuclear energy-related activities that comply with the EU Taxonomy¹?
- YesNo
- In fossil gas	In nuclear energyWhat is the minimum share of investments in transitional and enabling activities?

The fund invests a minimum of 0% in transitional activities and a minimum of 0% in enabling activities.
What is the minimum share of sustainable investments with an environmental objective that are not aligned with the EU Taxonomy?
The fund invests a minimum of 5% in sustainable investments with an environmental objective that is not aligned with the EU Taxonomy.
Investments could be aligned with the EU Taxonomy but the investment manager is not currently in a position to specify the exact proportion of the fund’s underlying investments which take into account the EU criteria for environmentally sustainable economic activities. However, the position will be kept under review as the underlying rules are finalised and the availability of reliable data increases over time.
¹Fossil gas and/or nuclear related activities will only comply with the EU Taxonomy where they contribute to limiting climate change (“climate change mitigation”) and do not significantly harm any EU Taxonomy objectives - see explanatory note in the left hand margin. The full criteria for fossil gas and nuclear energy economic activities that comply with the EU Taxonomy are laid down in Commission Delegated Regulation (EU) 2022/1214.
What is the minimum share of socially sustainable investments?
The fund invests a minimum of 20% in sustainable investments with a social objective.
What investments are included under “#2 Other”, what is their purpose and are there any minimum environmental or social safeguards?
The remaining investments of the fund will be invested in assets aligned with the financial objective of the fund, cash and cash equivalents for liquidity purposes and derivatives which may be used for investment and efficient portfolio management.
As a minimum environmental and social safeguard, the fund will adhere to the Exclusions.

###### Is a specific index designated as a reference benchmark to determine whether this financial product is aligned with the environmental and/or social characteristics that it promotes?
An index has not been designated as a reference benchmark to determine whether this financial product is aligned with the environmental or social characteristics that it promotes.
Reference benchmarks are indexes to measure whether the financial product attains the environmental or social characteristics that they promote.
How is the reference benchmark continuously aligned with each of the environmental or social characteristics promoted by the financial product?
This question is not applicable.
How is the alignment of the investment strategy with the methodology of the index ensured on a continuous basis?
This question is not applicable.
How does the designated index differ from a relevant broad market index?
This question is not applicable.
Where can the methodology used for the calculation of the designated index be found?
This question is not applicable.

###### 	Where can I find more product specific information online?
More product-specific information can be found on the website: https:/www.fidelity.lu/funds/factsheet/LU0261948227/tab-disclosure#SFDR-disclosure
Further information on the methodologies set out herein is available on the website: Sustainable investing framework (fidelityinternational.com).
Pre-contractual disclosure for the financial products referred to in Article 8, paragraphs 1, 2 and 2a, of Regulation (EU) 2019/2088 and Article 6, first paragraph, of Regulation (EU) 2020/852
Product name:	Legal entity identifier:
Fidelity Funds - Iberia Fund	549300C6GMKNSN647A81

###### Environmental and/or social characteristics
| Does this financial product have a sustainable investment objective? |
| --- |
|  | - Yes
 |  | No |
| - It will make a minimum of sustainable investments with an environmental objective:%
- in economic activities that qualify as environmentally sustainable under the EU Taxonomy
- in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
- It will make a minimum of sustainable investments with a social objective:%
 | It promotes Environmental/Social (E/S) characteristics and while it does not have as its objective a sustainable investment, it will have a minimum proportion of 20% of sustainable investments - with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomywith an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomywith a social objective
- It promotes E/S characteristics, but will not make any sustainable investments
 |

What environmental and/or social characteristics are promoted by this financial product?
Sustainability indicators measure how the environmental or social characteristics promoted by the financial product are attained.
The fund promotes environmental and social characteristics by investing in securities of issuers with favourable ESG characteristics. Favourable ESG characteristics are determined by reference to ESG ratings. ESG ratings consider environmental characteristics including carbon intensity, carbon emissions, energy efficiency, water and waste management and biodiversity, as well as social characteristics including product safety, supply chain, health and safety and human rights.
The fund partially intends to make sustainable investments.
No reference benchmark has been designated for the purpose of attaining the environmental and social characteristics promoted.
What sustainability indicators are used to measure the attainment of each of the environmental or social characteristics promoted by this financial product?
The fund uses the following sustainability indicators in order to measure the attainment of the environmental or social characteristics that it promotes:
- the percentage of the fund invested in securities of issuers with favourable ESG characteristics in accordance with Fidelity’s Sustainable Investing Framework;
- in respect of its direct investments in corporate issuers, the percentage of the fund invested in securities of issuers with exposure to the Exclusions (defined below);
- the percentage of the fund invested in sustainable investments;
- the percentage of the fund invested in sustainable investments with an environmental objective in economic activities (that do not qualify as environmentally sustainable under the EU Taxonomy); and
- the percentage of the fund invested in sustainable investments with a social objective.

What are the objectives of the sustainable investments that the financial product partially intends to make and how does the sustainable investment contribute to such objectives?
The fund determines a sustainable investment as follows:
- issuers that undertake economic activities that contribute to one or more of the environmental objectives set out in the EU Taxonomy and qualify as environmentally sustainable in accordance with EU Taxonomy; or
- issuers whereby the majority of their business activities (more than 50% of revenue) contribute to environmental or social objectives aligned with one or more of the United Nations Sustainable Development Goals (“SDGs”); or
- issuers which have set a decarbonisation target consistent with a 1.5 degree warming scenario or lower (verified by the Science Based Target Initiative or a Fidelity Proprietary Climate Rating) which would be considered to contribute to environmental objectives;provided they do no significant harm, meet minimum safeguards and good governance criteria.

How do the sustainable investments that the financial product partially intends to make, not cause significant harm to any environmental or social sustainable investment objective?
Sustainable investments are screened for involvement in activities that cause significant harm and controversies, assessed through a check that the issuer meets minimum safeguards and standards that relate to principal adverse impacts (PAIs) as well as performance on PAI metrics. This includes:
- Norms-based screens - the screening out of securities identified under Fidelity’s existing norms-based screens (as set out below);
- Activity-based screens - the screening out of issuers based on their participation in activities with significant negative impacts on society or the environment, including issuers that are considered to have a ‘Very Severe’ controversy using controversy screens, covering
- environmental issues,
- human rights and communities,
- labour rights and supply chain,
- customers,
- governance; and
	- PAI indicators - quantitative data (where available) on PAI indicators is used to evaluate whether an issuer is involved in activities that cause significant harm to any environmental or social objective.


Principal adverse impacts are the most significant negative impacts of investment decisions on sustainability factors relating to environmental, social and employee matters, respect for human rights, anti- corruption and anti- bribery matters.
How have the indicators for adverse impacts on sustainability factors been taken into account?
For sustainable investments, as set out above, Fidelity undertakes a quantitative evaluation to identify issuers with challenging performance on PAI indicators. Issuers with a low score will be ineligible to be ‘sustainable investments’ unless Fidelity’s fundamental research determines that the issuer is not breaching “do no significant harm” requirements, or is on the path to mitigate the adverse impacts through effective management or transition.
How are the sustainable investments aligned with the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights? Details:
Norms-based screens are applied: Issuers identified as failing to behave in a way which meets their fundamental responsibilities in the areas of human rights, labour, environmental and anti-corruption as aligned with international norms including those set out by the OECD Guidelines for Multinational Enterprises, the UN Guiding Principles on Business and Human Rights, the UN Global Compact (UNGC) and the International Labour Organisation (ILO) Conventions, are not considered sustainable investments.
The EU Taxonomy sets out a “do not significant harm” principle by which Taxonomy-aligned investments should not significantly harm EU Taxonomy objectives and is accompanied by specific EU criteria.
The “do no significant harm” principle applies only to those investments underlying the financial product that take into account the EU criteria for environmentally sustainable economic activities. The investments underlying the remaining portion of this financial product do not take into account the EU criteria for environmentally sustainable economic activities.
Any other sustainable investments must also not significantly harm any environmental or social objectives.

###### Does this financial product consider principal adverse impacts on sustainability factors?
Yes
- NoConsideration of the principal adverse impacts on sustainability factors of investment decisions (referred to as principal adverse impacts) is incorporated through a variety of tools, including:
- Due Diligence - analysis of whether impacts on sustainability factors are material and negative.
- ESG rating - Fidelity references ESG ratings which incorporate consideration of material principal adverse impacts such as carbon emissions, employee safety and bribery and corruption, water management and, for sovereign issued securities, ratings used incorporate consideration of material principal adverse impacts such as carbon emissions, social violations and freedom of expression.
- Exclusions - When investing directly in corporate issuers, the fund applies the Exclusions (as defined below) to help mitigate the principal adverse impacts through excluding harmful sectors and prohibiting investment in issuers that breach international standards, such as the UNGC.
- Engagement - Fidelity uses engagement as a tool to better understand principal adverse impacts and, in some circumstances, advocate for mitigating the principal adverse impacts. Fidelity participates in relevant individual and collaborative engagements that target a number of principal adverse impacts (i.e. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Voting - Fidelity’s voting policy includes explicit minimum standards for board gender diversity and engagement with climate change for corporate issuers. Fidelity may also vote to help mitigate principal adverse impacts.
- Quarterly reviews - monitoring of principal adverse impacts through the fund’s quarterly review process.

Fidelity takes into account specific indicators for each sustainability factor when considering whether investments have a principal adverse impact. These indicators are subject to data availability and may evolve with improving data quality and availability.
Information on principal adverse impacts will be available in the annual report of the fund.
The investment strategy guides investment decisions based on factors such as investments objectives and risk tolerance.

######  What investment strategy does this financial product follow?
A minimum of 50% of the fund’s assets will be invested in securities with favourable ESG characteristics.
Favourable ESG characteristics are determined by reference to ESG ratings provided by external agencies and Fidelity ESG ratings.
Within this investment universe, the Investment Manager selects stocks through rigorous bottom-up financial analysis and valuation to select stocks with strong investment return potential.
In respect of its direct investments in corporate issuers, the fund is subject to:
- a firm-wide exclusions list, which includes cluster munitions and anti-personnel landmines, and
- a norms-based screening of issuers which the Investment Manager considers have failed to conduct their business in accordance with international norms, including as set out in the UNGC.

The above exclusions and screens (the “Exclusions”) may be updated from time to time. Please refer to the website for further information Sustainable investing framework(fidelityinternational.com).
The Investment Manager also has discretion to implement enhanced, stricter sustainable requirements and exclusions from time to time.
What are the binding elements of the investment strategy used to select the investments to attain each of the environmental or social characteristics promoted by this financial product?
The fund will invest:
- a minimum of 50% of its assets in issuers with favourable ESG characteristics,
- a minimum of 20% in sustainable investments of which a minimum of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 5% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 5% have a social objective.

In addition, the fund will systematically apply the Exclusions as described above.
What is the committed minimum rate to reduce the scope of the investments considered prior to the application of that investment strategy?
This question is not applicable.
Good governance practices include sound management structures, employee relations, remuneration of staff and tax compliance.
What is the policy to assess good governance practices of the investee companies?
The governance practices of issuers are assessed using fundamental research, including Fidelity ESG ratings, data regarding controversies and UN Global Compact violations.
Key points that are analysed include track record of capital allocation, financial transparency, related party transactions, board independence and size, executive pay, auditors and internal oversight, minority shareholder rights, among other indicators.
Asset allocation describes the share of investments in specific assets.
Taxonomy-aligned activities are expressed as a share of:
- turnover reflecting the share of revenue from green activities of investee companies
- capital expenditure (CapEx) showing the green investments made by investee companies,e.g. for a transition to a green economy.

- operational expenditure (OpEx) reflecting green operational activities of investee companies.

###### 	What is the asset allocation planned for this financial product?
(#1 Aligned with E/S characteristics) The fund aims to invest:
- a minimum of 50% of its assets in securities of issuers with favourable ESG characteristics,
- A minimum of 20% of its assets in sustainable investments (#1A sustainable) of whicha minimum of of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 5% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 5% have a social objective. The remaining sustainable investments of the fund may have an environmental or social objective.

(#1B Other E/S characteristics) Includes securities of issuers with favourable ESG characteristics but are not sustainable investments.
How does the use of derivatives attain the environmental or social characteristics promoted by the financial product?
Where the security underlying a derivative has favourable ESG characteristics in accordance with Fidelity's Sustainable Investing Framework, the derivative may be included in determining the proportion of the fund dedicated to promotion of environmental or social characteristics.
To what minimum extent are sustainable investments with an environmental objective aligned with the EU Taxonomy?
The fund invests a minimum of 0% in sustainable investments with an environmental objective aligned with the EU Taxonomy.
The compliance of the investments of the fund with the EU Taxonomy will not be subject to an assurance by auditors or a review by third parties.
The EU Taxonomy alignment of the underlying investments of the fund is measured by turnover.
Does the financial product invest in fossil gas and/or nuclear energy-related activities that comply with the EU Taxonomy¹?
- YesNo
- In fossil gas	In nuclear energyWhat is the minimum share of investments in transitional and enabling activities?

The fund invests a minimum of 0% in transitional activities and a minimum of 0% in enabling activities.
What is the minimum share of sustainable investments with an environmental objective that are not aligned with the EU Taxonomy?
The fund invests a minimum of 5% in sustainable investments with an environmental objective that is not aligned with the EU Taxonomy.
Investments could be aligned with the EU Taxonomy but the Investment Manager is not currently in a position to specify the exact proportion of the fund’s underlying investments which take into account the EU criteria for environmentally sustainable economic activities. However, the position will be kept under review as the underlying rules are finalised and the availability of reliable data increases over time.
¹Fossil gas and/or nuclear related activities will only comply with the EU Taxonomy where they contribute to limiting climate change (“climate change mitigation”) and do not significantly harm any EU Taxonomy objectives - see explanatory note in the left hand margin. The full criteria for fossil gas and nuclear energy economic activities that comply with the EU Taxonomy are laid down in Commission Delegated Regulation (EU) 2022/1214.
What is the minimum share of socially sustainable investments?
The fund invests a minimum of 5% in sustainable investments with a social objective.
What investments are included under “#2 Other”, what is their purpose and are there any minimum environmental or social safeguards?
The remaining investments of the fund will be invested in assets aligned with the financial objective of the fund, cash and cash equivalents for liquidity purposes and derivatives which may be used for investment and efficient portfolio management.
As a minimum environmental and social safeguard, the fund will adhere to the Exclusions.

###### Is a specific index designated as a reference benchmark to determine whether this financial product is aligned with the environmental and/or social characteristics that it promotes?
An index has not been designated as a reference benchmark to determine whether this financial product is aligned with the environmental or social characteristics that it promotes.
Reference benchmarks are indexes to measure whether the financial product attains the environmental or social characteristics that they promote.
How is the reference benchmark continuously aligned with each of the environmental or social characteristics promoted by the financial product?
This question is not applicable.
How is the alignment of the investment strategy with the methodology of the index ensured on a continuous basis?
This question is not applicable.
How does the designated index differ from a relevant broad market index?
This question is not applicable.
Where can the methodology used for the calculation of the designated index be found?
This question is not applicable.

###### 	Where can I find more product specific information online?
More product-specific information can be found on the website: https:/www.fidelity.lu/funds/factsheet/LU0261948904/tab-disclosure#SFDR-disclosure. 
Further information on the methodologies set out herein is available on the website: Sustainable investing framework (fidelityinternational.com).
Pre-contractual disclosure for the financial products referred to in Article 8, paragraphs 1, 2 and 2a, of Regulation (EU) 2019/2088 and Article 6, first paragraph, of Regulation (EU) 2020/852
Product name:	Legal entity identifier:
Fidelity Funds - Italy Fund	549300KCMWWQDPOVF030

###### Environmental and/or social characteristics
| Does this financial product have a sustainable investment objective? |
| --- |
|  | - Yes
 |  | No |
| - It will make a minimum of sustainable investments with an environmental objective:%
- in economic activities that qualify as environmentally sustainable under the EU Taxonomy
- in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
- It will make a minimum of sustainable investments with a social objective:%
 | It promotes Environmental/Social (E/S) characteristics and while it does not have as its objective a sustainable investment, it will have a minimum proportion of 20% of sustainable investments with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomy with an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy with a social objective - It promotes E/S characteristics, but will not make any sustainable investments
 |

What environmental and/or social characteristics are promoted by this financial product?
Sustainability indicators measure how the environmental or social characteristics promoted by the financial product are attained.
The fund promotes environmental and social characteristics by investing in securities of issuers with favourable ESG characteristics. Favourable ESG characteristics are determined by reference to ESG ratings. ESG ratings consider environmental characteristics including carbon intensity, carbon emissions, energy efficiency, water and waste management and biodiversity, as well as social characteristics including product safety, supply chain, health and safety and human rights.
The fund partially intends to make sustainable investments.
No reference benchmark has been designated for the purpose of attaining the environmental and social characteristics promoted.
What sustainability indicators are used to measure the attainment of each of the environmental or social characteristics promoted by this financial product?
The fund uses the following sustainability indicators in order to measure the attainment of the environmental or social characteristics that it promotes:
- the percentage of the fund invested in securities of issuers with favourable ESG characteristics in accordance with Fidelity’s Sustainable Investing Framework;
- in respect of its direct investments in corporate issuers, the percentage of the fund invested in securities of issuers with exposure to the Exclusions (defined below);
- the percentage of the fund invested in sustainable investments;
- the percentage of the fund invested in sustainable investments with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomy;
- the percentage of the fund invested in sustainable investments with an environmental objective in economic activities (that do not qualify as environmentally sustainable under the EU Taxonomy); and
- the percentage of the fund invested in sustainable investments with a social objective.

What are the objectives of the sustainable investments that the financial product partially intends to make and how does the sustainable investment contribute to such objectives?
The fund determines a sustainable investment as follows:
- issuers that undertake economic activities that contribute to one or more of the environmental objectives set out in the EU Taxonomy and qualify as environmentally sustainable in accordance with EU Taxonomy; or
- issuers whereby the majority of their business activities (more than 50% of revenue) contribute to environmental or social objectives aligned with one or more of the United Nations Sustainable Development Goals (“SDGs”); or
- issuers which have set a decarbonisation target consistent with a 1.5 degree warming scenario or lower (verified by the Science Based Target Initiative or a Fidelity Proprietary Climate Rating) which would be considered to contribute to environmental objectives;provided they do no significant harm, meet minimum safeguards and good governance criteria.

How do the sustainable investments that the financial product partially intends to make, not cause significant harm to any environmental or social sustainable investment objective?
Sustainable investments are screened for involvement in activities that cause significant harm and controversies, assessed through a check that the issuer meets minimum safeguards and standards that relate to principal adverse impacts (PAIs) as well as performance on PAI metrics. This includes:
- Norms-based screens - the screening out of securities identified under Fidelity’s existing norms-based screens (as set out below);
- Activity-based screens - the screening out of issuers based on their participation in activities with significant negative impacts on society or the environment, including issuers that are considered to have a ‘Very Severe’ controversy using controversy screens, covering
- environmental issues,
- human rights and communities,
- labour rights and supply chain,
- customers,
- governance; and
	- PAI indicators - quantitative data (where available) on PAI indicators is used to evaluate whether an issuer is involved in activities that cause significant harm to any environmental or social objective.


Principal adverse impacts are the most significant negative impacts of investment decisions on sustainability factors relating to environmental, social and employee matters, respect for human rights, anti- corruption and anti- bribery matters.
How have the indicators for adverse impacts on sustainability factors been taken into account?
For sustainable investments, as set out above, Fidelity undertakes a quantitative evaluation to identify issuers with challenging performance on PAI indicators. Issuers with a low score will be ineligible to be ‘sustainable investments’ unless Fidelity’s fundamental research determines that the issuer is not breaching “do no significant harm” requirements, or is on the path to mitigate the adverse impacts through effective management or transition.
How are the sustainable investments aligned with the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights? Details:
Norms-based screens are applied: Issuers identified as failing to behave in a way which meets their fundamental responsibilities in the areas of human rights, labour, environmental and anti-corruption as aligned with international norms including those set out by the OECD Guidelines for Multinational Enterprises, the UN Guiding Principles on Business and Human Rights, the UN Global Compact (UNGC) and the International Labour Organisation (ILO) Conventions, are not considered sustainable investments.
The EU Taxonomy sets out a “do not significant harm” principle by which Taxonomy-aligned investments should not significantly harm EU Taxonomy objectives and is accompanied by specific EU criteria.
The “do no significant harm” principle applies only to those investments underlying the financial product that take into account the EU criteria for environmentally sustainable economic activities. The investments underlying the remaining portion of this financial product do not take into account the EU criteria for environmentally sustainable economic activities.
Any other sustainable investments must also not significantly harm any environmental or social objectives.

###### Does this financial product consider principal adverse impacts on sustainability factors?
Yes
- NoConsideration of the principal adverse impacts on sustainability factors of investment decisions (referred to as principal adverse impacts) is incorporated through a variety of tools, including:
- Due Diligence - analysis of whether impacts on sustainability factors are material and negative.
- ESG rating - Fidelity references ESG ratings which incorporate consideration of material principal adverse impacts such as carbon emissions, employee safety and bribery and corruption, water management and, for sovereign issued securities, ratings used incorporate consideration of material principal adverse impacts such as carbon emissions, social violations and freedom of expression.
- Exclusions - When investing directly in corporate issuers, the fund applies the Exclusions (as defined below) to help mitigate the principal adverse impacts through excluding harmful sectors and prohibiting investment in issuers that breach international standards, such as the UNGC.
- Engagement - Fidelity uses engagement as a tool to better understand principal adverse impacts and, in some circumstances, advocate for mitigating the principal adverse impacts. Fidelity participates in relevant individual and collaborative engagements that target a number of principal adverse impacts (i.e. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Voting - Fidelity’s voting policy includes explicit minimum standards for board gender diversity and engagement with climate change for corporate issuers. Fidelity may also vote to help mitigate principal adverse impacts.
- Quarterly reviews - monitoring of principal adverse impacts through the fund’s quarterly review process.

Fidelity takes into account specific indicators for each sustainability factor when considering whether investments have a principal adverse impact. These indicators are subject to data availability and may evolve with improving data quality and availability.
Information on principal adverse impacts will be available in the annual report of the fund.
The investment strategy guides investment decisions based on factors such as investments objectives and risk tolerance.

######  What investment strategy does this financial product follow?
A minimum of 50% of the fund’s assets will be invested in securities with favourable ESG characteristics.
Favourable ESG characteristics are determined by reference to ESG ratings provided by external agencies and Fidelity ESG ratings.
Within this investment universe, the Investment Manager selects stocks through rigorous bottom-up financial analysis and valuation to select stocks with strong investment return potential.
In respect of its direct investments in corporate issuers, the fund is subject to:
- a firm-wide exclusions list, which includes cluster munitions and anti-personnel landmines, and
- a norms-based screening of issuers which the Investment Manager considers have failed to conduct their business in accordance with international norms, including as set out in the UNGC.

The above exclusions and screens (the “Exclusions”) may be updated from time to time. Please refer to the website for further information Sustainable investing framework(fidelityinternational.com).
The Investment Manager also has discretion to implement enhanced, stricter sustainable requirements and exclusions from time to time.
What are the binding elements of the investment strategy used to select the investments to attain each of the environmental or social characteristics promoted by this financial product?
The fund will invest:
- a minimum of 50% of its assets in issuers with favourable ESG characteristics,
- a minimum of 20% in sustainable investments of which a minimum of 1% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 5% have a social objective.

In addition, the fund will systematically apply the Exclusions as described above.
What is the committed minimum rate to reduce the scope of the investments considered prior to the application of that investment strategy?
This question is not applicable.
Good governance practices include sound management structures, employee relations, remuneration of staff and tax compliance.
What is the policy to assess good governance practices of the investee companies?
The governance practices of issuers are assessed using fundamental research, including Fidelity ESG ratings, data regarding controversies and UN Global Compact violations.
Key points that are analysed include track record of capital allocation, financial transparency, related party transactions, board independence and size, executive pay, auditors and internal oversight, minority shareholder rights, among other indicators.
Asset allocation describes the share of investments in specific assets.
Taxonomy-aligned activities are expressed as a share of:
- turnover reflecting the share of revenue from green activities of investee companies
- capital expenditure (CapEx) showing the green investments made by investee companies,e.g. for a transition to a green economy.

- operational expenditure (OpEx) reflecting green operational activities of investee companies.

###### 	What is the asset allocation planned for this financial product?
(#1 Aligned with E/S characteristics) The fund aims to invest:
- a minimum of 50% of its assets in securities of issuers with favourable ESG characteristics,
- A minimum of 20% of its assets in sustainable investments (#1A sustainable) of whicha minimum of of 1% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 5% have a social objective. The remaining sustainable investments of the fund may have an environmental or social objective.

(#1B Other E/S characteristics) Includes securities of issuers with favourable ESG characteristics but are not sustainable investments.
How does the use of derivatives attain the environmental or social characteristics promoted by the financial product?
Where the security underlying a derivative has favourable ESG characteristics in accordance with Fidelity's Sustainable Investing Framework, the derivative may be included in determining the proportion of the fund dedicated to promotion of environmental or social characteristics.
To what minimum extent are sustainable investments with an environmental objective aligned with the EU Taxonomy?
The fund invests a minimum of 1% in sustainable investments with an environmental objective aligned with the EU Taxonomy.
The compliance of the investments of the fund with the EU Taxonomy will not be subject to an assurance by auditors or a review by third parties.
The EU Taxonomy alignment of the underlying investments of the fund is measured by turnover.
Does the financial product invest in fossil gas and/or nuclear energy-related activities that comply with the EU Taxonomy¹?
- YesNo
- In fossil gas	In nuclear energyWhat is the minimum share of investments in transitional and enabling activities?

The fund invests a minimum of 0% in transitional activities and a minimum of 0% in enabling activities.
What is the minimum share of sustainable investments with an environmental objective that are not aligned with the EU Taxonomy?
The fund invests a minimum of 1% in sustainable investments with an environmental objective that is not aligned with the EU Taxonomy.
Investments could be aligned with the EU Taxonomy but the Investment Manager is not currently in a position to specify the exact proportion of the fund’s underlying investments which take into account the EU criteria for environmentally sustainable economic activities. However, the position will be kept under review as the underlying rules are finalised and the availability of reliable data increases over time.
¹Fossil gas and/or nuclear related activities will only comply with the EU Taxonomy where they contribute to limiting climate change (“climate change mitigation”) and do not significantly harm any EU Taxonomy objectives - see explanatory note in the left hand margin. The full criteria for fossil gas and nuclear energy economic activities that comply with the EU Taxonomy are laid down in Commission Delegated Regulation (EU) 2022/1214.
What is the minimum share of socially sustainable investments?
The fund invests a minimum of 5% in sustainable investments with a social objective.
What investments are included under “#2 Other”, what is their purpose and are there any minimum environmental or social safeguards?
The remaining investments of the fund will be invested in assets aligned with the financial objective of the fund, cash and cash equivalents for liquidity purposes and derivatives which may be used for investment and efficient portfolio management.
As a minimum environmental and social safeguard, the fund will adhere to the Exclusions.

###### Is a specific index designated as a reference benchmark to determine whether this financial product is aligned with the environmental and/or social characteristics that it promotes?
An index has not been designated as a reference benchmark to determine whether this financial product is aligned with the environmental or social characteristics that it promotes.
Reference benchmarks are indexes to measure whether the financial product attains the environmental or social characteristics that they promote.
How is the reference benchmark continuously aligned with each of the environmental or social characteristics promoted by the financial product?
This question is not applicable.
How is the alignment of the investment strategy with the methodology of the index ensured on a continuous basis?
This question is not applicable.
How does the designated index differ from a relevant broad market index?
This question is not applicable.
Where can the methodology used for the calculation of the designated index be found?
This question is not applicable.

###### 	Where can I find more product specific information online?
More product-specific information can be found on the website: https:/www.fidelity.lu/funds/factsheet/LU0922333322/tab-disclosure#SFDR-disclosure. 
Further information on the methodologies set out herein is available on the website: Sustainable investing framework (fidelityinternational.com).
Pre-contractual disclosure for the financial products referred to in Article 8, paragraphs 1, 2 and 2a, of Regulation (EU) 2019/2088 and Article 6, first paragraph, of Regulation (EU) 2020/852
Product name:	Legal entity identifier:
Fidelity Funds - Institutional European Larger Companies Fund	549300ORQ1QXBQUTFE13

###### Environmental and/or social characteristics
| Does this financial product have a sustainable investment objective? |
| --- |
|  | - Yes
 |  | No |
| - It will make a minimum of sustainable investments with an environmental objective:%
- in economic activities that qualify as environmentally sustainable under the EU Taxonomy
- in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
- It will make a minimum of sustainable investments with a social objective:%
 | It promotes Environmental/Social (E/S) characteristics and while it does not have as its objective a sustainable investment, it will have a minimum proportion of 20% of sustainable investments - with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomywith an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomywith a social objective
- It promotes E/S characteristics, but will not make any sustainable investments
 |

What environmental and/or social characteristics are promoted by this financial product?
Sustainability indicators measure how the environmental or social characteristics promoted by the financial product are attained.
The fund promotes environmental and social characteristics by investing in securities of issuers with favourable ESG characteristics. Favourable ESG characteristics are determined by reference to ESG ratings. ESG ratings consider environmental characteristics including carbon intensity, carbon emissions, energy efficiency, water and waste management and biodiversity, as well as social characteristics including product safety, supply chain, health and safety and human rights.
The fund partially intends to make sustainable investments.
No reference benchmark has been designated for the purpose of attaining the environmental and social characteristics promoted.
What sustainability indicators are used to measure the attainment of each of the environmental or social characteristics promoted by this financial product?
The fund uses the following sustainability indicators in order to measure the attainment of the environmental or social characteristics that it promotes:
- the percentage of the fund invested in securities of issuers with favourable ESG characteristics in accordance with Fidelity’s Sustainable Investing Framework;
- in respect of its direct investments in corporate issuers, the percentage of the fund invested in securities of issuers with exposure to the Exclusions (defined below);
- the percentage of the fund invested in sustainable investments;
- the percentage of the fund invested in sustainable investments with an environmental objective in economic activities (that do not qualify as environmentally sustainable under the EU Taxonomy); and
- the percentage of the fund invested in sustainable investments with a social objective.

What are the objectives of the sustainable investments that the financial product partially intends to make and how does the sustainable investment contribute to such objectives?
The fund determines a sustainable investment as follows:
- issuers that undertake economic activities that contribute to one or more of the environmental objectives set out in the EU Taxonomy and qualify as environmentally sustainable in accordance with EU Taxonomy; or
- issuers whereby the majority of their business activities (more than 50% of revenue) contribute to environmental or social objectives aligned with one or more of the United Nations Sustainable Development Goals (“SDGs”); or
- issuers which have set a decarbonisation target consistent with a 1.5 degree warming scenario or lower (verified by the Science Based Target Initiative or a Fidelity Proprietary Climate Rating) which would be considered to contribute to environmental objectives;provided they do no significant harm, meet minimum safeguards and good governance criteria.

How do the sustainable investments that the financial product partially intends to make, not cause significant harm to any environmental or social sustainable investment objective?
Sustainable investments are screened for involvement in activities that cause significant harm and controversies, assessed through a check that the issuer meets minimum safeguards and standards that relate to principal adverse impacts (PAIs) as well as performance on PAI metrics. This includes:
- Norms-based screens - the screening out of securities identified under Fidelity’s existing norms-based screens (as set out below);
- Activity-based screens - the screening out of issuers based on their participation in activities with significant negative impacts on society or the environment, including issuers that are considered to have a ‘Very Severe’ controversy using controversy screens, covering
- environmental issues,
- human rights and communities,
- labour rights and supply chain,
- customers,
- governance; and
	- PAI indicators - quantitative data (where available) on PAI indicators is used to evaluate whether an issuer is involved in activities that cause significant harm to any environmental or social objective.


Principal adverse impacts are the most significant negative impacts of investment decisions on sustainability factors relating to environmental, social and employee matters, respect for human rights, anti- corruption and anti- bribery matters.
How have the indicators for adverse impacts on sustainability factors been taken into account?
For sustainable investments, as set out above, Fidelity undertakes a quantitative evaluation to identify issuers with challenging performance on PAI indicators. Issuers with a low score will be ineligible to be ‘sustainable investments’ unless Fidelity’s fundamental research determines that the issuer is not breaching “do no significant harm” requirements, or is on the path to mitigate the adverse impacts through effective management or transition.
How are the sustainable investments aligned with the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights? Details:
Norms-based screens are applied: Issuers identified as failing to behave in a way which meets their fundamental responsibilities in the areas of human rights, labour, environmental and anti-corruption as aligned with international norms including those set out by the OECD Guidelines for Multinational Enterprises, the UN Guiding Principles on Business and Human Rights, the UN Global Compact (UNGC) and the International Labour Organisation (ILO) Conventions, are not considered sustainable investments.
The EU Taxonomy sets out a “do not significant harm” principle by which Taxonomy-aligned investments should not significantly harm EU Taxonomy objectives and is accompanied by specific EU criteria.
The “do no significant harm” principle applies only to those investments underlying the financial product that take into account the EU criteria for environmentally sustainable economic activities. The investments underlying the remaining portion of this financial product do not take into account the EU criteria for environmentally sustainable economic activities.
Any other sustainable investments must also not significantly harm any environmental or social objectives.

###### Does this financial product consider principal adverse impacts on sustainability factors?
Yes
- NoConsideration of the principal adverse impacts on sustainability factors of investment decisions (referred to as principal adverse impacts) is incorporated through a variety of tools, including:
- Due Diligence - analysis of whether impacts on sustainability factors are material and negative.
- ESG rating - Fidelity references ESG ratings which incorporate consideration of material principal adverse impacts such as carbon emissions, employee safety and bribery and corruption, water management and, for sovereign issued securities, ratings used incorporate consideration of material principal adverse impacts such as carbon emissions, social violations and freedom of expression.
- Exclusions - When investing directly in corporate issuers, the fund applies the Exclusions (as defined below) to help mitigate the principal adverse impacts through excluding harmful sectors and prohibiting investment in issuers that breach international standards, such as the UNGC.
- Engagement - Fidelity uses engagement as a tool to better understand principal adverse impacts and, in some circumstances, advocate for mitigating the principal adverse impacts. Fidelity participates in relevant individual and collaborative engagements that target a number of principal adverse impacts (i.e. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Voting - Fidelity’s voting policy includes explicit minimum standards for board gender diversity and engagement with climate change for corporate issuers. Fidelity may also vote to help mitigate principal adverse impacts.
- Quarterly reviews - monitoring of principal adverse impacts through the fund’s quarterly review process.

Fidelity takes into account specific indicators for each sustainability factor when considering whether investments have a principal adverse impact. These indicators are subject to data availability and may evolve with improving data quality and availability.
Information on principal adverse impacts will be available in the annual report of the fund.
The investment strategy guides investment decisions based on factors such as investments objectives and risk tolerance.

######  What investment strategy does this financial product follow?
A minimum of 50% of the fund’s assets will be invested in securities with favourable ESG characteristics.
Favourable ESG characteristics are determined by reference to ESG ratings provided by external agencies and Fidelity ESG ratings.
Within this investment universe, the Investment Manager selects stocks through rigorous bottom-up financial analysis and valuation to select stocks with strong investment return potential.
In respect of its direct investments in corporate issuers, the fund is subject to:
- a firm-wide exclusions list, which includes cluster munitions and anti-personnel landmines, and
- a norms-based screening of issuers which the Investment Manager considers have failed to conduct their business in accordance with international norms, including as set out in the UNGC.

The above exclusions and screens (the “Exclusions”) may be updated from time to time. Please refer to the website for further information Sustainable investing framework(fidelityinternational.com).
The Investment Manager also has discretion to implement enhanced, stricter sustainable requirements and exclusions from time to time.
What are the binding elements of the investment strategy used to select the investments to attain each of the environmental or social characteristics promoted by this financial product?
The fund will invest:
- a minimum of 50% of its assets in issuers with favourable ESG characteristics,
- a minimum of 20% in sustainable investments of which a minimum of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 1% have a social objective.

In addition, the fund will systematically apply the Exclusions as described above.
What is the committed minimum rate to reduce the scope of the investments considered prior to the application of that investment strategy?
This question is not applicable.
Good governance practices include sound management structures, employee relations, remuneration of staff and tax compliance.
What is the policy to assess good governance practices of the investee companies?
The governance practices of issuers are assessed using fundamental research, including Fidelity ESG ratings, data regarding controversies and UN Global Compact violations.
Key points that are analysed include track record of capital allocation, financial transparency, related party transactions, board independence and size, executive pay, auditors and internal oversight, minority shareholder rights, among other indicators.
Asset allocation describes the share of investments in specific assets.
Taxonomy-aligned activities are expressed as a share of:
- turnover reflecting the share of revenue from green activities of investee companies
- capital expenditure (CapEx) showing the green investments made by investee companies,e.g. for a transition to a green economy.

- operational expenditure (OpEx) reflecting green operational activities of investee companies.

###### 	What is the asset allocation planned for this financial product?
(#1 Aligned with E/S characteristics) The fund aims to invest:
- a minimum of 50% of its assets in securities of issuers with favourable ESG characteristics,
- A minimum of 20% of its assets in sustainable investments (#1A sustainable) of whicha minimum of of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 1% have a social objective. The remaining sustainable investments of the fund may have an environmental or social objective.

(#1B Other E/S characteristics) Includes securities of issuers with favourable ESG characteristics but are not sustainable investments.
How does the use of derivatives attain the environmental or social characteristics promoted by the financial product?
Where the security underlying a derivative has favourable ESG characteristics in accordance with Fidelity's Sustainable Investing Framework, the derivative may be included in determining the proportion of the fund dedicated to promotion of environmental or social characteristics.
To what minimum extent are sustainable investments with an environmental objective aligned with the EU Taxonomy?
The fund invests a minimum of 0% in sustainable investments with an environmental objective aligned with the EU Taxonomy.
The compliance of the investments of the fund with the EU Taxonomy will not be subject to an assurance by auditors or a review by third parties.
The EU Taxonomy alignment of the underlying investments of the fund is measured by turnover.
Does the financial product invest in fossil gas and/or nuclear energy-related activities that comply with the EU Taxonomy¹?
- YesNo
- In fossil gas	In nuclear energyWhat is the minimum share of investments in transitional and enabling activities?

The fund invests a minimum of 0% in transitional activities and a minimum of 0% in enabling activities.
What is the minimum share of sustainable investments with an environmental objective that are not aligned with the EU Taxonomy?
The fund invests a minimum of 1% in sustainable investments with an environmental objective that is not aligned with the EU Taxonomy.
Investments could be aligned with the EU Taxonomy but the Investment Manager is not currently in a position to specify the exact proportion of the fund’s underlying investments which take into account the EU criteria for environmentally sustainable economic activities. However, the position will be kept under review as the underlying rules are finalised and the availability of reliable data increases over time.
¹Fossil gas and/or nuclear related activities will only comply with the EU Taxonomy where they contribute to limiting climate change (“climate change mitigation”) and do not significantly harm any EU Taxonomy objectives - see explanatory note in the left hand margin. The full criteria for fossil gas and nuclear energy economic activities that comply with the EU Taxonomy are laid down in Commission Delegated Regulation (EU) 2022/1214.
What is the minimum share of socially sustainable investments?
The fund invests a minimum of 1% in sustainable investments with a social objective.
What investments are included under “#2 Other”, what is their purpose and are there any minimum environmental or social safeguards?
The remaining investments of the fund will be invested in assets aligned with the financial objective of the fund, cash and cash equivalents for liquidity purposes and derivatives which may be used for investment and efficient portfolio management.
As a minimum environmental and social safeguard, the fund will adhere to the Exclusions.

###### Is a specific index designated as a reference benchmark to determine whether this financial product is aligned with the environmental and/or social characteristics that it promotes?
An index has not been designated as a reference benchmark to determine whether this financial product is aligned with the environmental or social characteristics that it promotes.
Reference benchmarks are indexes to measure whether the financial product attains the environmental or social characteristics that they promote.
How is the reference benchmark continuously aligned with each of the environmental or social characteristics promoted by the financial product?
This question is not applicable.
How is the alignment of the investment strategy with the methodology of the index ensured on a continuous basis?
This question is not applicable.
How does the designated index differ from a relevant broad market index?
This question is not applicable.
Where can the methodology used for the calculation of the designated index be found?
This question is not applicable.

###### 	Where can I find more product specific information online?
More product-specific information can be found on the website: https:/www.fidelity.lu/funds/factsheet/LU2038752072/tab-disclosure#SFDR-disclosure. 
Further information on the methodologies set out herein is available on the website: Sustainable investing framework (fidelityinternational.com).
Pre-contractual disclosure for the financial products referred to in Article 8, paragraphs 1, 2 and 2a, of Regulation (EU) 2019/2088 and Article 6, first paragraph, of Regulation (EU) 2020/852
Product name:	Legal entity identifier:
Fidelity Funds - Nordic Fund	549300WNSLR4RK6UO898

###### Environmental and/or social characteristics
| Does this financial product have a sustainable investment objective? |
| --- |
|  | - Yes
 |  | No |
| - It will make a minimum of sustainable investments with an environmental objective:%
- in economic activities that qualify as environmentally sustainable under the EU Taxonomy
- in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
- It will make a minimum of sustainable investments with a social objective:%
 | It promotes Environmental/Social (E/S) characteristics and while it does not have as its objective a sustainable investment, it will have a minimum proportion of 20% of sustainable investments - with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomywith an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomywith a social objective
- It promotes E/S characteristics, but will not make any sustainable investments
 |

What environmental and/or social characteristics are promoted by this financial product?
Sustainability indicators measure how the environmental or social characteristics promoted by the financial product are attained.
The fund promotes environmental and social characteristics by investing in securities of issuers with favourable ESG characteristics. Favourable ESG characteristics are determined by reference to ESG ratings. ESG ratings consider environmental characteristics including carbon intensity, carbon emissions, energy efficiency, water and waste management and biodiversity, as well as social characteristics including product safety, supply chain, health and safety and human rights.
The fund partially intends to make sustainable investments.
No reference benchmark has been designated for the purpose of attaining the environmental and social characteristics promoted.
What sustainability indicators are used to measure the attainment of each of the environmental or social characteristics promoted by this financial product?
The fund uses the following sustainability indicators in order to measure the attainment of the environmental or social characteristics that it promotes:
- the percentage of the fund invested in securities of issuers with favourable ESG characteristics in accordance with Fidelity’s Sustainable Investing Framework;
- in respect of its direct investments in corporate issuers, the percentage of the fund invested in securities of issuers with exposure to the Exclusions (defined below);
- the percentage of the fund invested in sustainable investments;
- the percentage of the fund invested in sustainable investments with an environmental objective in economic activities (that do not qualify as environmentally sustainable under the EU Taxonomy); and
- the percentage of the fund invested in sustainable investments with a social objective.

What are the objectives of the sustainable investments that the financial product partially intends to make and how does the sustainable investment contribute to such objectives?
The fund determines a sustainable investment as follows:
- issuers that undertake economic activities that contribute to one or more of the environmental objectives set out in the EU Taxonomy and qualify as environmentally sustainable in accordance with EU Taxonomy; or
- issuers whereby the majority of their business activities (more than 50% of revenue) contribute to environmental or social objectives aligned with one or more of the United Nations Sustainable Development Goals (“SDGs”); or
- issuers which have set a decarbonisation target consistent with a 1.5 degree warming scenario or lower (verified by the Science Based Target Initiative or a Fidelity Proprietary Climate Rating) which would be considered to contribute to environmental objectives;provided they do no significant harm, meet minimum safeguards and good governance criteria.

How do the sustainable investments that the financial product partially intends to make, not cause significant harm to any environmental or social sustainable investment objective?
Sustainable investments are screened for involvement in activities that cause significant harm and controversies, assessed through a check that the issuer meets minimum safeguards and standards that relate to principal adverse impacts (PAIs) as well as performance on PAI metrics. This includes:
- Norms-based screens - the screening out of securities identified under Fidelity’s existing norms-based screens (as set out below);
- Activity-based screens - the screening out of issuers based on their participation in activities with significant negative impacts on society or the environment, including issuers that are considered to have a ‘Very Severe’ controversy using controversy screens, covering
- environmental issues,
- human rights and communities,
- labour rights and supply chain,
- customers,
- governance; and
	- PAI indicators - quantitative data (where available) on PAI indicators is used to evaluate whether an issuer is involved in activities that cause significant harm to any environmental or social objective.


Principal adverse impacts are the most significant negative impacts of investment decisions on sustainability factors relating to environmental, social and employee matters, respect for human rights, anti- corruption and anti- bribery matters.
How have the indicators for adverse impacts on sustainability factors been taken into account?
For sustainable investments, as set out above, Fidelity undertakes a quantitative evaluation to identify issuers with challenging performance on PAI indicators. Issuers with a low score will be ineligible to be ‘sustainable investments’ unless Fidelity’s fundamental research determines that the issuer is not breaching “do no significant harm” requirements, or is on the path to mitigate the adverse impacts through effective management or transition.
How are the sustainable investments aligned with the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights? Details:
Norms-based screens are applied: Issuers identified as failing to behave in a way which meets their fundamental responsibilities in the areas of human rights, labour, environmental and anti-corruption as aligned with international norms including those set out by the OECD Guidelines for Multinational Enterprises, the UN Guiding Principles on Business and Human Rights, the UN Global Compact (UNGC) and the International Labour Organisation (ILO) Conventions, are not considered sustainable investments.
The EU Taxonomy sets out a “do not significant harm” principle by which Taxonomy-aligned investments should not significantly harm EU Taxonomy objectives and is accompanied by specific EU criteria.
The “do no significant harm” principle applies only to those investments underlying the financial product that take into account the EU criteria for environmentally sustainable economic activities. The investments underlying the remaining portion of this financial product do not take into account the EU criteria for environmentally sustainable economic activities.
Any other sustainable investments must also not significantly harm any environmental or social objectives.

###### Does this financial product consider principal adverse impacts on sustainability factors?
Yes
- NoConsideration of the principal adverse impacts on sustainability factors of investment decisions (referred to as principal adverse impacts) is incorporated through a variety of tools, including:
- Due Diligence - analysis of whether impacts on sustainability factors are material and negative.
- ESG rating - Fidelity references ESG ratings which incorporate consideration of material principal adverse impacts such as carbon emissions, employee safety and bribery and corruption, water management and, for sovereign issued securities, ratings used incorporate consideration of material principal adverse impacts such as carbon emissions, social violations and freedom of expression.
- Exclusions - When investing directly in corporate issuers, the fund applies the Exclusions (as defined below) to help mitigate the principal adverse impacts through excluding harmful sectors and prohibiting investment in issuers that breach international standards, such as the UNGC.
- Engagement - Fidelity uses engagement as a tool to better understand principal adverse impacts and, in some circumstances, advocate for mitigating the principal adverse impacts. Fidelity participates in relevant individual and collaborative engagements that target a number of principal adverse impacts (i.e. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Voting - Fidelity’s voting policy includes explicit minimum standards for board gender diversity and engagement with climate change for corporate issuers. Fidelity may also vote to help mitigate principal adverse impacts.
- Quarterly reviews - monitoring of principal adverse impacts through the fund’s quarterly review process.

Fidelity takes into account specific indicators for each sustainability factor when considering whether investments have a principal adverse impact. These indicators are subject to data availability and may evolve with improving data quality and availability.
Information on principal adverse impacts will be available in the annual report of the fund.
The investment strategy guides investment decisions based on factors such as investments objectives and risk tolerance.

######  What investment strategy does this financial product follow?
A minimum of 50% of the fund’s assets will be invested in securities with favourable ESG characteristics.
Favourable ESG characteristics are determined by reference to ESG ratings provided by external agencies and Fidelity ESG ratings.
Within this investment universe, the Investment Manager selects stocks through rigorous bottom-up financial analysis and valuation to select stocks with strong investment return potential.
In respect of its direct investments in corporate issuers, the fund is subject to:
- a firm-wide exclusions list, which includes cluster munitions and anti-personnel landmines, and
- a norms-based screening of issuers which the Investment Manager considers have failed to conduct their business in accordance with international norms, including as set out in the UNGC.

The above exclusions and screens (the “Exclusions”) may be updated from time to time. Please refer to the website for further information Sustainable investing framework(fidelityinternational.com).
The Investment Manager also has discretion to implement enhanced, stricter sustainable requirements and exclusions from time to time.
What are the binding elements of the investment strategy used to select the investments to attain each of the environmental or social characteristics promoted by this financial product?
The fund will invest:
- a minimum of 50% of its assets in issuers with favourable ESG characteristics,
- a minimum of 20% in sustainable investments of which a minimum of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 5% have a social objective.

In addition, the fund will systematically apply the Exclusions as described above.
What is the committed minimum rate to reduce the scope of the investments considered prior to the application of that investment strategy?
This question is not applicable.
Good governance practices include sound management structures, employee relations, remuneration of staff and tax compliance.
What is the policy to assess good governance practices of the investee companies?
The governance practices of issuers are assessed using fundamental research, including Fidelity ESG ratings, data regarding controversies and UN Global Compact violations.
Key points that are analysed include track record of capital allocation, financial transparency, related party transactions, board independence and size, executive pay, auditors and internal oversight, minority shareholder rights, among other indicators.
Asset allocation describes the share of investments in specific assets.
Taxonomy-aligned activities are expressed as a share of:
- turnover reflecting the share of revenue from green activities of investee companies
- capital expenditure (CapEx) showing the green investments made by investee companies,e.g. for a transition to a green economy.

- operational expenditure (OpEx) reflecting green operational activities of investee companies.

###### 	What is the asset allocation planned for this financial product?
(#1 Aligned with E/S characteristics) The fund aims to invest:
- a minimum of 50% of its assets in securities of issuers with favourable ESG characteristics,
- A minimum of 20% of its assets in sustainable investments (#1A sustainable) of whicha minimum of of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 5% have a social objective. The remaining sustainable investments of the fund may have an environmental or social objective.

(#1B Other E/S characteristics) Includes securities of issuers with favourable ESG characteristics but are not sustainable investments.
How does the use of derivatives attain the environmental or social characteristics promoted by the financial product?
Where the security underlying a derivative has favourable ESG characteristics in accordance with Fidelity's Sustainable Investing Framework, the derivative may be included in determining the proportion of the fund dedicated to promotion of environmental or social characteristics.
To what minimum extent are sustainable investments with an environmental objective aligned with the EU Taxonomy?
The fund invests a minimum of 0% in sustainable investments with an environmental objective aligned with the EU Taxonomy.
The compliance of the investments of the fund with the EU Taxonomy will not be subject to an assurance by auditors or a review by third parties.
The EU Taxonomy alignment of the underlying investments of the fund is measured by turnover.
Does the financial product invest in fossil gas and/or nuclear energy-related activities that comply with the EU Taxonomy¹?
- YesNo
- In fossil gas	In nuclear energyWhat is the minimum share of investments in transitional and enabling activities?

The fund invests a minimum of 0% in transitional activities and a minimum of 0% in enabling activities.
What is the minimum share of sustainable investments with an environmental objective that are not aligned with the EU Taxonomy?
The fund invests a minimum of 1% in sustainable investments with an environmental objective that is not aligned with the EU Taxonomy.
Investments could be aligned with the EU Taxonomy but the Investment Manager is not currently in a position to specify the exact proportion of the fund’s underlying investments which take into account the EU criteria for environmentally sustainable economic activities. However, the position will be kept under review as the underlying rules are finalised and the availability of reliable data increases over time.
¹Fossil gas and/or nuclear related activities will only comply with the EU Taxonomy where they contribute to limiting climate change (“climate change mitigation”) and do not significantly harm any EU Taxonomy objectives - see explanatory note in the left hand margin. The full criteria for fossil gas and nuclear energy economic activities that comply with the EU Taxonomy are laid down in Commission Delegated Regulation (EU) 2022/1214.
What is the minimum share of socially sustainable investments?
The fund invests a minimum of 5% in sustainable investments with a social objective.
What investments are included under “#2 Other”, what is their purpose and are there any minimum environmental or social safeguards?
The remaining investments of the fund will be invested in assets aligned with the financial objective of the fund, cash and cash equivalents for liquidity purposes and derivatives which may be used for investment and efficient portfolio management.
As a minimum environmental and social safeguard, the fund will adhere to the Exclusions.

###### Is a specific index designated as a reference benchmark to determine whether this financial product is aligned with the environmental and/or social characteristics that it promotes?
An index has not been designated as a reference benchmark to determine whether this financial product is aligned with the environmental or social characteristics that it promotes.
Reference benchmarks are indexes to measure whether the financial product attains the environmental or social characteristics that they promote.
How is the reference benchmark continuously aligned with each of the environmental or social characteristics promoted by the financial product?
This question is not applicable.
How is the alignment of the investment strategy with the methodology of the index ensured on a continuous basis?
This question is not applicable.
How does the designated index differ from a relevant broad market index?
This question is not applicable.
Where can the methodology used for the calculation of the designated index be found?
This question is not applicable.

###### 	Where can I find more product specific information online?
More product-specific information can be found on the website: https:/www.fidelity.lu/funds/factsheet/LU0922334643/tab-disclosure#SFDR-disclosure. 
Further information on the methodologies set out herein is available on the website: Sustainable investing framework (fidelityinternational.com).
Pre-contractual disclosure for the financial products referred to in Article 8, paragraphs 1, 2 and 2a, of Regulation (EU) 2019/2088 and Article 6, first paragraph, of Regulation (EU) 2020/852
Product name:	Legal entity identifier:
Fidelity Funds - Sustainable European Dividend Plus Fund	254900G129G6M801BZ71

###### Environmental and/or social characteristics
| Does this financial product have a sustainable investment objective? |
| --- |
|  | - Yes
 |  | No |
| - It will make a minimum of sustainable investments with an environmental objective:%
- in economic activities that qualify as environmentally sustainable under the EU Taxonomy
- in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
- It will make a minimum of sustainable investments with a social objective:%
 | It promotes Environmental/Social (E/S) characteristics and while it does not have as its objective a sustainable investment, it will have a minimum proportion of 25% of sustainable investments - with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomywith an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomywith a social objective
- It promotes E/S characteristics, but will not make any sustainable investments
 |

What environmental and/or social characteristics are promoted by this financial product?
Sustainability indicators measure how the environmental or social characteristics promoted by the financial product are attained.
The fund promotes environmental and social characteristics by investing in securities of issuers with favourable ESG characteristics. Favourable ESG characteristics are determined by reference to ESG ratings. ESG ratings consider environmental characteristics including carbon intensity, carbon emissions, energy efficiency, water and waste management and biodiversity, as well as social characteristics including product safety, supply chain, health and safety and human rights.
The fund partially intends to make sustainable investments.
No reference benchmark has been designated for the purpose of attaining the environmental and social characteristics promoted.
What sustainability indicators are used to measure the attainment of each of the environmental or social characteristics promoted by this financial product?
The fund uses the following sustainability indicators in order to measure the attainment of the environmental or social characteristics that it promotes:
- the percentage of the fund invested in securities of issuers with favourable ESG characteristics in accordance with Fidelity’s Sustainable Investing Framework;
- in respect of its direct investments, the percentage of the fund invested in securities of issuers with exposure to the Exclusions (as defined below);
- the percentage of the fund invested in sustainable investments;
- the percentage of the fund invested in sustainable investments with an environmental objective in economic activities (that do not qualify as environmentally sustainable under the EU Taxonomy); and
- the percentage of the fund invested in sustainable investments with a social objective.

What are the objectives of the sustainable investments that the financial product partially intends to make and how does the sustainable investment contribute to such objectives?
The fund determines a sustainable investment as follows:
- issuers that undertake economic activities that contribute to one or more of the environmental objectives set out in the EU Taxonomy and qualify as environmentally sustainable in accordance with EU Taxonomy; or
- issuers whereby the majority of their business activities (more than 50% of revenue) contribute to environmental or social objectives aligned with one or more of the United Nations Sustainable Development Goals (“SDGs”); or
- issuers which have set a decarbonisation target consistent with a 1.5 degree warming scenario or lower (verified by the Science Based Target Initiative or a Fidelity Proprietary Climate Rating) which would be considered to contribute to environmental objectives;provided they do no significant harm, meet minimum safeguards and good governance criteria.

How do the sustainable investments that the financial product partially intends to make, not cause significant harm to any environmental or social sustainable investment objective?
Sustainable investments are screened for involvement in activities that cause significant harm and controversies, assessed through a check that the issuer meets minimum safeguards and standards that relate to principal adverse impacts (PAIs) as well as for performance on PAI metrics. This includes:
- Norms-based screens - the screening out of securities identified under Fidelity’s norms based screens (as set out below);
- Activity-based screens - the screening out of issuers based on their participation in activities with significant negative impacts on society or the environment, including issuers that are considered to have a ‘Very Severe’ controversy using controversy screens, covering
- environmental issues,
- human rights and communities,
- labour rights and supply chain,
- customers,
- governance; and
	- PAI indicators - quantitative data (where available) on PAI indicators is used to evaluate whether an issuer is involved in activities that cause significant harm to any environmental or social objective.


Principal adverse impacts are the most significant negative impacts of investment decisions on sustainability factors relating to environmental, social and employee matters, respect for human rights, anti- corruption and anti- bribery matters.
How have the indicators for adverse impacts on sustainability factors been taken into account?
For sustainable investments, as set out above, Fidelity undertakes a quantitative evaluation that identifies entities with challenging performance on PAI indicators. Issuers with a low score will be ineligible to be ‘sustainable investments’ unless Fidelity’s fundamental research determines that the issuer is not breaching “do no significant harm” requirements or is on the path to mitigate the adverse impacts through effective management or transition.
How are the sustainable investments aligned with the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights? Details:
Norms-based screens are applied: Issuers identified as failing to behave in a way which meets their fundamental responsibilities in the areas of human rights, labour, environmental and anti-corruption as aligned with international norms including those set out by the OECD Guidelines for Multinational Enterprises, the UN Guiding Principles on Business and Human Rights, the UN Global Compact (UNGC) and the International Labour Organisation (ILO) Conventions, are not considered sustainable investments.
The EU Taxonomy sets out a “do not significant harm” principle by which Taxonomy-aligned investments should not significantly harm EU Taxonomy objectives and is accompanied by specific EU criteria.
The “do no significant harm” principle applies only to those investments underlying the financial product that take into account the EU criteria for environmentally sustainable economic activities. The investments underlying the remaining portion of this financial product do not take into account the EU criteria for environmentally sustainable economic activities.
Any other sustainable investments must also not significantly harm any environmental or social objectives.

###### Does this financial product consider principal adverse impacts on sustainability factors?
Yes
- NoConsideration of the principal adverse impacts on sustainability factors of investment decisions (referred to as principal adverse impacts) is incorporated through a variety of tools, including:
- Due Diligence - analysis of whether impacts on sustainability factors are material and negative.
- ESG rating - Fidelity references ESG ratings which incorporate consideration of material principal adverse impacts such as carbon emissions, employee safety and bribery and corruption, water management and, for sovereign issued securities, ratings used incorporate consideration of material principal adverse impacts such as carbon emissions, social violations and freedom of expression.
- Exclusions - When investing directly in corporate issuers, the fund applies the Exclusions (as defined below) to help mitigate the principal adverse impacts through excluding harmful sectors and prohibiting investment in issuers that breach international standards, such as the UNGC.
- Engagement - Fidelity uses engagement as a tool to better understand principal adverse impacts and, in some circumstances, advocate for mitigating the principal adverse impacts. Fidelity participates in relevant individual and collaborative engagements that target a number of principal adverse impacts (i.e. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Voting - Fidelity’s voting policy includes explicit minimum standards for board gender diversity and engagement with climate change for corporate issuers. Fidelity may also vote to help mitigate principal adverse impacts.
- Quarterly reviews - monitoring of principal adverse impacts through the fund’s quarterly review process.

Fidelity takes into account specific indicators for each sustainability factor when considering whether investments have a principal adverse impact. These indicators are subject to data availability and may evolve with improving data quality and availability.
Information on principal adverse impacts will be available in the annual report of the fund.
The investment strategy guides investment decisions based on factors such as investments objectives and risk tolerance.

######  What investment strategy does this financial product follow?
The fund is part of the Fidelity Sustainable Family of funds and adopts a Sustainable Focused strategy under which a minimum of 70% of the fund’s assets will be invested in securities with favourable ESG characteristics.
Favourable ESG characteristics are determined by reference to ESG ratings provided by external agencies and Fidelity ESG ratings.
Issuers that are not assessed as having favourable ESG characteristics for the purposes of the primary objective (minimum 70% of assets) are eligible for inclusion, with up to 30% of assets, provided they are able to demonstrate that they are on an improving trajectory with respect to their ESG characteristics.
The average ESG rating of the fund will exceed the average ESG rating of the fund’s investment universe after the exclusion of 20% of the assets with the lowest ESG ratings.
Within this investment universe, the Investment Manager selects stocks through rigorous bottom-up financial analysis and valuation to select stocks with strong investment return potential.
In respect of its direct investments, the fund is subject to:
- a firm-wide exclusions list, which includes cluster munitions and anti-personnel landmines, and
- a principle-based screening policy which includes:
	- norms-based screening of issuers which the Investment Manager considers have failed to conduct their business in accordance with international norms, including as set out in the UNGC; and
	- negative screening of certain sectors, issuers or practices based on specific ESG criteria where revenue thresholds may be applied.


The above exclusions and screens (the “Exclusions”) may be updated from time to time. Please refer to the website for further information Sustainable investing framework(fidelityinternational.com).
The Investment Manager also has discretion to implement enhanced, stricter sustainable requirements and exclusions from time to time.
What are the binding elements of the investment strategy used to select the investments to attain each of the environmental or social characteristics promoted by this financial product?
The fund will invest:
- a minimum of 70% of its assets in issuers with favourable ESG characteristics,
- a minimum of 25% in sustainable investments of which a minimum of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 5% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 5% have a social objective.

The fund assesses the ESG characteristics of at least 90% of its assets. The average ESG rating of the fund will exceed the average ESG rating of the fund’s investment universe after the exclusion of 20% of the assets with the lowest ESG ratings.
In addition, the fund will systematically apply the Exclusions to direct investments as described above.
What is the committed minimum rate to reduce the scope of the investments considered prior to the application of that investment strategy?
This question is not applicable.
Good governance practices include sound management structures, employee relations, remuneration of staff and tax compliance.
What is the policy to assess good governance practices of the investee companies?
The governance practices of issuers are assessed using fundamental research, including Fidelity ESG ratings, data regarding controversies and UN Global Compact violations.
Key points that are analysed include track record of capital allocation, financial transparency, related party transactions, board independence and size, executive pay, auditors and internal oversight, minority shareholder rights, among other indicators.

###### What is the asset allocation planned for this financial product?
Asset allocation describes the share of investments in specific assets.
Taxonomy-aligned activities are expressed as a share of:
- turnover reflecting the share of revenue from green activities of investee companies
- capital expenditure (CapEx) showing the green investments made by investee companies,e.g. for a transition to a green economy.

- operational expenditure (OpEx) reflecting green operational activities of investee companies.
(#1 Aligned with E/S characteristics) The fund will invest:
- a minimum of 70% of its assets in securities of issuers with favourable ESG characteristics;
- a minimum of 25% of its assets in sustainable investments (#1A sustainable) of which a minimum of of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 5% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 5% have a social objective. The remaining sustainable investments of the fund may have an environmental or social objective.

(#1B Other E/S characteristics) Includes securities of issuers with favourable ESG characteristics but are not sustainable investments.
How does the use of derivatives attain the environmental or social characteristics promoted by the financial product?
Where the security underlying a derivative has favourable ESG characteristics in accordance with Fidelity's Sustainable Investing Framework, the derivative may be included in determining the proportion of the fund dedicated to promotion of environmental or social characteristics.
To what minimum extent are sustainable investments with an environmental objective aligned with the EU Taxonomy?
The fund invests a minimum of 0% in sustainable investments with an environmental objective aligned with the EU Taxonomy.
The compliance of the investments of the fund with the EU Taxonomy will not be subject to an assurance by auditors or a review by third parties.
The EU Taxonomy alignment of the underlying investments of the fund is measured by turnover.
Does the financial product invest in fossil gas and/or nuclear energy-related activities that comply with the EU Taxonomy¹?
- YesNo
- In fossil gas	In nuclear energyWhat is the minimum share of investments in transitional and enabling activities?

The fund invests a minimum of 0% in transitional activities and a minimum of 0% in enabling activities.
What is the minimum share of sustainable investments with an environmental objective that are not aligned with the EU Taxonomy?
The fund invests a minimum of 5% in sustainable investments with an environmental objective that is not aligned with the EU Taxonomy.
Investments could be aligned with the EU Taxonomy but the Investment Manager is not currently in a position to specify the exact proportion of the fund’s underlying investments which take into account the EU criteria for environmentally sustainable economic activities. However, the position will be kept under review as the underlying rules are finalised and the availability of reliable data increases over time.
¹Fossil gas and/or nuclear related activities will only comply with the EU Taxonomy where they contribute to limiting climate change (“climate change mitigation”) and do not significantly harm any EU Taxonomy objectives - see explanatory note in the left hand margin. The full criteria for fossil gas and nuclear energy economic activities that comply with the EU Taxonomy are laid down in Commission Delegated Regulation (EU) 2022/1214.
What is the minimum share of socially sustainable investments?
The fund invests a minimum of 5% in sustainable investments with a social objective.
What investments are included under “#2 Other”, what is their purpose and are there any minimum environmental or social safeguards?
The remaining investments of the fund may be invested in securities of issuers that are able to demonstrate that they are on an improving trajectory with respect to their ESG characteristics, as well as cash and cash equivalents for liquidity purposes and derivatives which may be used for investment and efficient portfolio management.
As a minimum environmental and social safeguard, the fund will adhere to the Exclusions.

###### Is a specific index designated as a reference benchmark to determine whether this financial product is aligned with the environmental and/or social characteristics that it promotes?
An index has not been designated as a reference benchmark to determine whether this financial product is aligned with the environmental or social characteristics that it promotes.
Reference benchmarks are indexes to measure whether the financial product attains the environmental or social characteristics that they promote.
How is the reference benchmark continuously aligned with each of the environmental or social characteristics promoted by the financial product?
This question is not applicable.
How is the alignment of the investment strategy with the methodology of the index ensured on a continuous basis?
This question is not applicable.
How does the designated index differ from a relevant broad market index?
This question is not applicable.
Where can the methodology used for the calculation of the designated index be found?
This question is not applicable.

###### 	Where can I find more product specific information online?
More product-specific information can be found on the website: https:/www.fidelity.lu/funds/factsheet/LU2272373502/tab-disclosure#SFDR-disclosure. 
Further information on the methodologies set out herein is available on the website: Sustainable investing framework (fidelityinternational.com).
Pre-contractual disclosure for the financial products referred to in Article 8, paragraphs 1, 2 and 2a, of Regulation (EU) 2019/2088 and Article 6, first paragraph, of Regulation (EU) 2020/852
Product name:	Legal entity identifier:
Fidelity Funds - Sustainable Europe Equity Fund	549300NM9ZITQTY7GU39

###### Environmental and/or social characteristics
| Does this financial product have a sustainable investment objective? |
| --- |
|  | - Yes
 |  | No |
| - It will make a minimum of sustainable investments with an environmental objective:%
- in economic activities that qualify as environmentally sustainable under the EU Taxonomy
- in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
- It will make a minimum of sustainable investments with a social objective:%
 | It promotes Environmental/Social (E/S) characteristics and while it does not have as its objective a sustainable investment, it will have a minimum proportion of 40% of sustainable investments with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomy with an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy with a social objective - It promotes E/S characteristics, but will not make any sustainable investments
 |

What environmental and/or social characteristics are promoted by this financial product?
Sustainability indicators measure how the environmental or social characteristics promoted by the financial product are attained.
The fund promotes environmental and social characteristics by investing in securities of issuers with favourable ESG characteristics. Favourable ESG characteristics are determined by reference to ESG ratings. ESG ratings consider environmental characteristics including carbon intensity, carbon emissions, energy efficiency, water and waste management and biodiversity, as well as social characteristics including product safety, supply chain, health and safety and human rights.
The fund partially intends to make sustainable investments.
No reference benchmark has been designated for the purpose of attaining the environmental and social characteristics promoted.
What sustainability indicators are used to measure the attainment of each of the environmental or social characteristics promoted by this financial product?
The fund uses the following sustainability indicators in order to measure the attainment of the environmental or social characteristics that it promotes:
- the percentage of the fund invested in securities of issuers with favourable ESG characteristics in accordance with Fidelity’s Sustainable Investing Framework;
- in respect of its direct investments, the percentage of the fund invested in securities of issuers with exposure to the Exclusions (as defined below);
- the percentage of the fund invested in sustainable investments;
- the percentage of the fund invested in sustainable investments with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomy;
- the percentage of the fund invested in sustainable investments with an environmental objective in economic activities (that do not qualify as environmentally sustainable under the EU Taxonomy); and
- the percentage of the fund invested in sustainable investments with a social objective.

What are the objectives of the sustainable investments that the financial product partially intends to make and how does the sustainable investment contribute to such objectives?
The fund determines a sustainable investment as follows:
- issuers that undertake economic activities that contribute to one or more of the environmental objectives set out in the EU Taxonomy and qualify as environmentally sustainable in accordance with EU Taxonomy; or
- issuers whereby the majority of their business activities (more than 50% of revenue) contribute to environmental or social objectives aligned with one or more of the United Nations Sustainable Development Goals (“SDGs”); or
- issuers which have set a decarbonisation target consistent with a 1.5 degree warming scenario or lower (verified by the Science Based Target Initiative or a Fidelity Proprietary Climate Rating) which would be considered to contribute to environmental objectives;provided they do no significant harm, meet minimum safeguards and good governance criteria.

How do the sustainable investments that the financial product partially intends to make, not cause significant harm to any environmental or social sustainable investment objective?
Sustainable investments are screened for involvement in activities that cause significant harm and controversies, assessed through a check that the issuer meets minimum safeguards and standards that relate to principal adverse impacts (PAIs) as well as performance on PAI metrics. This includes:
- Norms-based screens - the screening out of securities identified under Fidelity’s existing norms-based screens (as set out below);
- Activity-based screens - the screening out of issuers based on their participation in activities with significant negative impacts on society or the environment, including issuers that are considered to have a ‘Very Severe’ controversy using controversy screens, covering
- environmental issues,
- human rights and communities,
- labour rights and supply chain,
- customers,
- governance; and
	- PAI indicators - quantitative data (where available) on PAI indicators is used to evaluate whether an issuer is involved in activities that cause significant harm to any environmental or social objective.


Principal adverse impacts are the most significant negative impacts of investment decisions on sustainability factors relating to environmental, social and employee matters, respect for human rights, anti- corruption and anti- bribery matters.
How have the indicators for adverse impacts on sustainability factors been taken into account?
For sustainable investments, as set out above, Fidelity undertakes a quantitative evaluation that identifies entities with challenging performance on PAI indicators. Issuers with a low score will be ineligible to be ‘sustainable investments’ unless Fidelity’s fundamental research determines that the issuer is not breaching “do no significant harm” requirements or is on the path to mitigate the adverse impacts through effective management or transition.
How are the sustainable investments aligned with the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights? Details:
Norms-based screens are applied: Issuers identified as failing to behave in a way which meets their fundamental responsibilities in the areas of human rights, labour, environmental and anti-corruption as aligned with international norms including those set out by the OECD Guidelines for Multinational Enterprises, the UN Guiding Principles on Business and Human Rights, the UN Global Compact (UNGC) and the International Labour Organisation (ILO) Conventions, are not considered sustainable investments.
The EU Taxonomy sets out a “do not significant harm” principle by which Taxonomy-aligned investments should not significantly harm EU Taxonomy objectives and is accompanied by specific EU criteria.
The “do no significant harm” principle applies only to those investments underlying the financial product that take into account the EU criteria for environmentally sustainable economic activities. The investments underlying the remaining portion of this financial product do not take into account the EU criteria for environmentally sustainable economic activities.
Any other sustainable investments must also not significantly harm any environmental or social objectives.

###### Does this financial product consider principal adverse impacts on sustainability factors?
Yes
- NoConsideration of the principal adverse impacts on sustainability factors of investment decisions (referred to as principal adverse impacts) is incorporated through a variety of tools, including:
- Due Diligence - analysis of whether impacts on sustainability factors are material and negative.
- ESG rating - Fidelity references ESG ratings which incorporate consideration of material principal adverse impacts such as carbon emissions, employee safety and bribery and corruption, water management and, for sovereign issued securities, ratings used incorporate consideration of material principal adverse impacts such as carbon emissions, social violations and freedom of expression.
- Exclusions - When investing directly in corporate issuers, the fund applies the Exclusions (as defined below) to help mitigate the principal adverse impacts through excluding harmful sectors and prohibiting investment in issuers that breach international standards, such as the UNGC.
- Engagement - Fidelity uses engagement as a tool to better understand principal adverse impacts and, in some circumstances, advocate for mitigating the principal adverse impacts. Fidelity participates in relevant individual and collaborative engagements that target a number of principal adverse impacts (i.e. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Voting - Fidelity’s voting policy includes explicit minimum standards for board gender diversity and engagement with climate change for corporate issuers. Fidelity may also vote to help mitigate principal adverse impacts.
- Quarterly reviews - monitoring of principal adverse impacts through the fund’s quarterly review process.

Fidelity takes into account specific indicators for each sustainability factor when considering whether investments have a principal adverse impact. These indicators are subject to data availability and may evolve with improving data quality and availability.
Information on principal adverse impacts will be available in the annual report of the fund.
The investment strategy guides investment decisions based on factors such as investments objectives and risk tolerance.

######  What investment strategy does this financial product follow?
The fund is part of the Fidelity Sustainable Family of funds and adopts a Sustainable Focused strategy under which a minimum of 70% of the fund’s assets will be invested in securities with favourable ESG characteristics.
Favourable ESG characteristics are determined by reference to ESG ratings provided by external agencies and Fidelity ESG ratings.
Issuers that are not assessed as having favourable ESG characteristics for the purposes of the primary objective (minimum 70% of assets) are eligible for inclusion, with up to 30% of assets, provided they are able to demonstrate that they are on an improving trajectory with respect to their ESG characteristics.
The average ESG rating of the fund will exceed the average ESG rating of the fund’s investment universe after the exclusion of 20% of the assets with the lowest ESG ratings.
Within this investment universe, the Investment Manager selects stocks through rigorous bottom-up financial analysis and valuation to select stocks with strong investment return potential.
In respect of its direct investments, the fund is subject to:
- a firm-wide exclusions list, which includes cluster munitions and anti-personnel landmines, and
- a principle-based screening policy which includes:
	- norms-based screening of issuers which the Investment Manager considers have failed to conduct their business in accordance with international norms, including as set out in the UNGC; and
	- negative screening of certain sectors, issuers or practices based on specific ESG criteria where revenue thresholds may be applied.


The above exclusions and screens (the “Exclusions”) may be updated from time to time. Please refer to the website for further information Sustainable investing framework(fidelityinternational.com).
The Investment Manager also has discretion to implement enhanced, stricter sustainable requirements and exclusions from time to time.
What are the binding elements of the investment strategy used to select the investments to attain each of the environmental or social characteristics promoted by this financial product?
The fund will invest:
- a minimum of 70% of its assets in issuers with favourable ESG characteristics,
- a minimum of 40% in sustainable investments of which a minimum of 1% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 10% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 10% have a social objective.

The fund assesses the ESG characteristics of at least 90% of its assets. The average ESG rating of the fund will exceed the average ESG rating of the fund’s investment universe after the exclusion of 20% of the assets with the lowest ESG ratings.
In addition, the fund will systematically apply the Exclusions to direct investments as described above.
What is the committed minimum rate to reduce the scope of the investments considered prior to the application of that investment strategy?
This question is not applicable.
Good governance practices include sound management structures, employee relations, remuneration of staff and tax compliance.
What is the policy to assess good governance practices of the investee companies?
The governance practices of issuers are assessed using fundamental research, including Fidelity ESG ratings, data regarding controversies and UN Global Compact violations.
Key points that are analysed include track record of capital allocation, financial transparency, related party transactions, board independence and size, executive pay, auditors and internal oversight, minority shareholder rights, among other indicators.

###### What is the asset allocation planned for this financial product?
Asset allocation describes the share of investments in specific assets.
Taxonomy-aligned activities are expressed as a share of:
- turnover reflecting the share of revenue from green activities of investee companies
- capital expenditure (CapEx) showing the green investments made by investee companies,e.g. for a transition to a green economy.

- operational expenditure (OpEx) reflecting green operational activities of investee companies.
(#1 Aligned with E/S characteristics) The fund will invest:
- a minimum of 70% of its assets in securities of issuers with favourable ESG characteristics;
- a minimum of 40% of its assets in sustainable investments (#1A sustainable) of which a minimum of of 1% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 10% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 10% have a social objective. The remaining sustainable investments of the fund may have an environmental or social objective.

(#1B Other E/S characteristics) Includes securities of issuers with favourable ESG characteristics but are not sustainable investments.
How does the use of derivatives attain the environmental or social characteristics promoted by the financial product?
Where the security underlying a derivative has favourable ESG characteristics in accordance with Fidelity's Sustainable Investing Framework, the derivative may be included in determining the proportion of the fund dedicated to promotion of environmental or social characteristics.
To what minimum extent are sustainable investments with an environmental objective aligned with the EU Taxonomy?
The fund invests a minimum of 1% in sustainable investments with an environmental objective aligned with the EU Taxonomy.
The compliance of the investments of the fund with the EU Taxonomy will not be subject to an assurance by auditors or a review by third parties.
The EU Taxonomy alignment of the underlying investments of the fund is measured by turnover.
Does the financial product invest in fossil gas and/or nuclear energy-related activities that comply with the EU Taxonomy¹?
- YesNo
- In fossil gas	In nuclear energyWhat is the minimum share of investments in transitional and enabling activities?

The fund invests a minimum of 0% in transitional activities and a minimum of 0% in enabling activities.
What is the minimum share of sustainable investments with an environmental objective that are not aligned with the EU Taxonomy?
The fund invests a minimum of 10% in sustainable investments with an environmental objective that is not aligned with the EU Taxonomy.
Investments could be aligned with the EU Taxonomy but the Investment Manager is not currently in a position to specify the exact proportion of the fund’s underlying investments which take into account the EU criteria for environmentally sustainable economic activities. However, the position will be kept under review as the underlying rules are finalised and the availability of reliable data increases over time.
¹Fossil gas and/or nuclear related activities will only comply with the EU Taxonomy where they contribute to limiting climate change (“climate change mitigation”) and do not significantly harm any EU Taxonomy objectives - see explanatory note in the left hand margin. The full criteria for fossil gas and nuclear energy economic activities that comply with the EU Taxonomy are laid down in Commission Delegated Regulation (EU) 2022/1214.
What is the minimum share of socially sustainable investments?
The fund invests a minimum of 10% in sustainable investments with a social objective.
What investments are included under “#2 Other”, what is their purpose and are there any minimum environmental or social safeguards?
The remaining investments of the fund may be invested in securities of issuers that are able to demonstrate that they are on an improving trajectory with respect to their ESG characteristics, as well as cash and cash equivalents for liquidity purposes and derivatives which may be used for investment and efficient portfolio management.
As a minimum environmental and social safeguard, the fund will adhere to the Exclusions.

###### Is a specific index designated as a reference benchmark to determine whether this financial product is aligned with the environmental and/or social characteristics that it promotes?
An index has not been designated as a reference benchmark to determine whether this financial product is aligned with the environmental or social characteristics that it promotes.
Reference benchmarks are indexes to measure whether the financial product attains the environmental or social characteristics that they promote.
How is the reference benchmark continuously aligned with each of the environmental or social characteristics promoted by the financial product?
This question is not applicable.
How is the alignment of the investment strategy with the methodology of the index ensured on a continuous basis?
This question is not applicable.
How does the designated index differ from a relevant broad market index?
This question is not applicable.
Where can the methodology used for the calculation of the designated index be found?
This question is not applicable.

###### 	Where can I find more product specific information online?
More product-specific information can be found on the website: https:/www.fidelity.lu/funds/factsheet/LU0251128657/tab-disclosure#SFDR-disclosure. 
Further information on the methodologies set out herein is available on the website: Sustainable investing framework (fidelityinternational.com).
Pre-contractual disclosure for the financial products referred to in Article 9, paragraphs 1 to 4a, of Regulation (EU) 2019/2088 and Article 5, first paragraph, of Regulation (EU) 2020/852
Product name:	Legal entity identifier:
Fidelity Funds - Sustainable Eurozone Equity Fund	549300BAPCX6D0E0Z219

###### Sustainable investment objective
| Does this financial product have a sustainable investment objective? |
| --- |
|  | Yes |  | - No
 |
| It will make a minimum of sustainable investments with an environmental objective: 38% in economic activities that qualify as environmentally sustainable under the EU Taxonomy in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy It will make a minimum of sustainable investments with a social objective: 20% | - It promotes Environmental/Social (E/S) characteristics and while it does not have as its objective a sustainable investment, it will have a minimum proportion of % of sustainable investments
	- with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomy
	- with an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
	- with a social objective

- It promotes E/S characteristics, but will not make any sustainable investments
 |

Sustainability indicators measure how the sustainable objectives of this financial product are attained.
What is the sustainable investment objective of this financial product? 
The fund aims to achieve capital growth over the long term by investing in sustainable investments.
The fund determines a sustainable investment as follows:
- issuers that undertake economic activities that contribute to one or more of the environmental objectives set out in the EU Taxonomy and qualify as environmentally sustainable in accordance with EU Taxonomy; or
- issuers whereby the majority of their business activities (more than 50% of revenue) contribute to environmental or social objectives aligned with one or more of the United Nations Sustainable Development Goals (“SDGs”); or
- issuers which have set a decarbonisation target consistent with a 1.5 degree warming scenario or lower (verified by the Science Based Target Initiative or a Fidelity Proprietary Climate Rating) which would be considered to contribute to environmental objectives; provided they do no significant harm, meet minimum safeguards and good governance criteria.

The investment manager selects issuers based on the contribution of their economic activities to environmental or social objectives which are aligned with the SDGs.
The SDGs are a series of goals published by the United Nations which recognise that ending poverty and other deprivations must go hand-in-hand with improvements in health and education, economic growth, and a reduction in inequalities, all while tackling climate change and working to preserve the planet’s oceans and forests. For further details see the UN website: https://sdgs.un.org/goals . Environmental focused SDGs include clean water and sanitation; affordable and clean energy; responsible consumption and production; and climate action.Social focused SDGs include no poverty; zero hunger; economic growth and productive employment; industry, innovation and infrastructure; safe and sustainable cities and communities.
No reference benchmark has been designated for the purpose of attaining the sustainable investment objective.
What sustainability indicators are used to measure the attainment of the sustainable investment objective of this financial product?
The fund uses the following sustainability indicators in order to measure the sustainable investment objective is met:
- the percentage of the fund invested in sustainable investments;
- the percentage of the fund invested in sustainable investments with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomy;
- the percentage of the fund invested in sustainable investments with an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy;
- the percentage of the fund invested in sustainable investments with a social objective; and
- the percentage of the fund with exposure to investments that undertake activities that are excluded in accordance with the Exclusions (defined below).

How do sustainable investments not cause significant harm to any environmental or social sustainable investment objective?
Sustainable investments are screened for involvement in activities that cause significant harm and controversies, assessed through a check that the issuer meets minimum safeguards and standards that relate to principal adverse impacts (PAIs) as well as performance on PAI metrics. This includes:
- Norms-based screens - the screening out of securities identified under Fidelity’s existing norms-based screens (as set out below);
- Activity-based screens - the screening out of issuers based on their participation in activities with significant negative impacts on society or the environment, including issuers that are considered to have a ‘Very Severe’ controversy using controversy screens, covering
- environmental issues,
- human rights and communities,
- labour rights and supply chain,
- customers,
- governance; and
	- PAI indicators - quantitative data (where available) on PAI indicators is used to evaluate whether an issuer is involved in activities that cause significant harm to any environmental or social objective.


Principal adverse impacts are the most significant negative impacts of investment decisions on sustainability factors relating to environmental, social and employee matters, respect for human rights, anti- corruption and anti- bribery matters.
How have the indicators for adverse impacts on sustainability factors been taken into account?
As set out above, Fidelity undertakes a quantitative evaluation to identify issuers with challenging performance on PAI indicators. Issuers with a low score will be ineligible to be ‘sustainable investments’ unless Fidelity’s fundamental research determines that the issuer is not breaching “do no significant harm” requirements, or is on the path to mitigate the adverse impacts through effective management or transition.
How are the sustainable investments aligned with the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights?
Norms-based screens are applied - issuers identified as failing to behave in a way which meets their fundamental responsibilities in the areas of human rights, labour, environmental and anti-corruption as aligned with international norms including those set out by OECD Guidelines for Multinational Enterprises, the UN Guiding Principles on Business and Human Rights, the UN Global Compact (UNGC) and the International Labour Organisation (ILO) Conventions, are not considered sustainable investments.

###### Does this financial product consider principal adverse impacts on sustainability factors?
Yes
- NoConsideration of the principal adverse impacts on sustainability factors of investment decisions (referred to as principal adverse impacts) is incorporated through a variety of tools, including:
- Due Diligence - analysis of whether impacts on sustainability factors are material and negative.
- ESG rating - Fidelity references ESG ratings which incorporate consideration of material principal adverse impacts such as carbon emissions, employee safety and bribery and corruption, water management and, for sovereign issued securities, ratings used incorporate consideration of material principal adverse impacts such as carbon emissions, social violations and freedom of expression.
- Exclusions - When investing directly in corporate issuers, the fund applies the Exclusions (as defined below) to help mitigate the principal adverse impacts through excluding harmful sectors and prohibiting investment in issuers that breach international standards, such as the UNGC.
- Engagement - Fidelity uses engagement as a tool to better understand principal adverse impacts and, in some circumstances, advocate for mitigating the principal adverse impacts. Fidelity participates in relevant individual and collaborative engagements that target a number of principal adverse impacts (i.e. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Voting - Fidelity’s voting policy includes explicit minimum standards for board gender diversity and engagement with climate change for corporate issuers. Fidelity may also vote to help mitigate principal adverse impacts.
- Quarterly reviews - monitoring of principal adverse impacts through the fund’s quarterly review process.

Fidelity takes into account specific indicators for each sustainability factor when considering whether investments have a principal adverse impact. These indicators are subject to data availability and may evolve with improving data quality and availability.
Information on principal adverse impacts will be available in the annual report of the fund.

###### What investment strategy does this financial product follow?
The investment strategy guides investment decisions based on factors such as investments objectives and risk tolerance.
The fund is part of the Fidelity Sustainable Family of funds and adopts a Sustainable Focused strategy. The fund invests in companies which contribute to environmental or social objectives, do no significant harm, meet minimum safeguards and good governance requirements.
In actively managing the fund, the investment manager identifies investment ideas, relying on a combination of Fidelity’s research, third-party research, inputs from quantitative screens and company meetings to help narrow the investment universe. Stock research and selection focuses on assessing the ESG profile, carbon emissions alignment and fundamentals through rigorous bottom-up financial analysis and valuation to select stocks with strong investment return potential.
Key components of the investment strategy are:
- Sustainable Investments; A minimum of 80% of the fund’s assets will be sustainable investments (as defined above).
- Do No Significant Harm; The fund applies the “do no significant harm” criteria, as set out above, to all direct investments held within the fund.
- Minimum safeguards; The fund excludes direct investments that fail to conduct their business in accordance with accepted international norms, including as set out by OECD Guidelines for Multinational Enterprises, the UN Guiding Principles on Business and Human Rights, UN Global Compact (UNGC) and the International Labour Organisation (ILO) Conventions.
- Good governance; All investee companies in the fund will be screened for controversies, including tax and bribery and corruption screenings.
- Exclusions; the investment manager will exclude investments in issuers with an MSCI ESG rating below ‘’BBB” and, in respect of its direct investments, the fund is subject to:
	- a firm-wide exclusions list, which includes cluster munitions and anti-personnel landmines; and
	- a principle-based screening policy which includes:
		- norms-based screening of issuers which the investment manager considers have failed to conduct their business in accordance with international norms, including as set out in the UNGC; and
		- negative screening of certain sectors, companies or practices based on specific ESG criteria where revenue thresholds may be applied.



The investment manager has discretion to implement sustainable requirements and exclusions having regard to their applicable investment process from time to time.
The above exclusions and screens (the “Exclusions”) may be updated from time to time. Please refer to the website for further information Sustainable investing framework(fidelityinternational.com).
- Carbon footprint: The fund aims to have a lower carbon footprint compared to that of the MSCI EMU Index. Carbon footprint is defined as tonnes of CO2 emissions per $1 million of sales.

In addition to the above, the fund assesses the ESG ratings (either based on external ratings or the Fidelity ESG ratings) of at least 90% of the fund’s assets and the fund’s investment universe will be reduced by at least 20% due to the exclusion of issuers on the basis of their ESG characteristics.
What are the binding elements of the investment strategy used to select the investments to attain the sustainable investment objective?
The fund will invest a minimum of 80% of its assets in sustainable investments of which a minimum of 3% have an environmental objective which is aligned with the EU Taxonomy, a minimum of 35% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 20% have a social objective;
provided that such investments do not significantly harm any of those objectives and that investee companies follow good governance practices.
In attaining the sustainable investment objective, the fund commits to selecting companies whose economic activity contributes to an environmental or social objective aligned with one or more of the SDGs, as described in the investment strategy section above.
In addition to the above, the fund assesses the ESG characteristics of at least 90% of the fund’s assets and the fund’s investment universe will be reduced by at least 20% due to the exclusion of issuers on the basis of their ESG characteristics
The fund will systematically apply the Exclusions as described above.
Good governance practices include sound management structures, employee relations, remuneration of staff and tax compliance.
What is the policy to assess good governance practices of the investee companies?
All investee companies will be screened for controversies, including tax, bribery and corruption screenings, to help meet good governance requirements for investee companies. In addition to these screens, governance practices of issuers are assessed using fundamental research.
Key points that are analysed include track record of capital allocation, financial transparency, related party transactions, board independence and size, executive pay, auditors and internal oversight, minority shareholder rights, among other indicators.

###### What is the asset allocation and the minimum share of sustainable investments?
Asset allocation describes the share of investments in specific assets.
Taxonomy-aligned activities are expressed as a share of:
- turnover reflecting the share of revenue from green activities of investee companies
- capital expenditure (CapEx) showing the green investments made by investee companies,e.g. for a transition to a green economy.

- operational expenditure (OpEx) reflecting green operational activities of investee companies.
(#1 Sustainable) The fund will invest a minimum of 80% of its assets in sustainable investments of which a minimum of 3% will have an environmental objective which is aligned with the EU Taxonomy, a minimum of 35% will have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 20% will have a social objective. The remaining sustainable investments of the fund may have an environmental or social objective.
How does the use of derivatives attain the sustainable investment objective?
Where the security underlying a derivative is deemed to contribute to the sustainable objective of the fund, the derivative may be used to contribute to the attainment of the sustainable investment objective.
To what minimum extent are sustainable investments with an environmental objective aligned with the EU Taxonomy?
The fund invests a minimum of 3% in sustainable investments with an environmental objective aligned with the EU Taxonomy.
The compliance of the investments of the fund with the EU Taxonomy will not be subject to an assurance by auditors or a review by third parties.
The EU Taxonomy alignment of the underlying investments of the fund is measured by turnover.
Does the financial product invest in fossil gas and/or nuclear energy-related activities that comply with the EU Taxonomy¹?
- YesNo
- In fossil gas	In nuclear energyWhat is the minimum share of investments in transitional and enabling activities?

The fund invests a minimum of 0% in transitional activities and a minimum of 0% in enabling activities.
What is the minimum share of sustainable investments with an environmental objective that are not aligned with the EU Taxonomy?
The fund invests a minimum of 35% in sustainable investments with an environmental objective that is not aligned with the EU Taxonomy.
Investments could be aligned with the EU Taxonomy but the investment manager is not currently in a position to specify the exact proportion of the fund’s underlying investments which take into account the EU criteria for environmentally sustainable economic activities. However, the position will be kept under review as the underlying rules are finalised and the availability of reliable data increases over time.
¹Fossil gas and/or nuclear related activities will only comply with the EU Taxonomy where they contribute to limiting climate change (“climate change mitigation”) and do not significantly harm any EU Taxonomy objectives - see explanatory note in the left hand margin. The full criteria for fossil gas and nuclear energy economic activities that comply with the EU Taxonomy are laid down in Commission Delegated Regulation (EU) 2022/1214.
What is the minimum share of sustainable investments with a social objective?
The fund invests a minimum of 20% in sustainable investments with a social objective.
What investments are included under “#2 Not sustainable”, what is their purpose and are there any minimum environmental or social safeguards?
Investments included under “#2 Not sustainable” may include cash, money market instruments, investments used for hedging and efficient portfolio management purposes.
In addition, all direct investments of the fund must adhere to the Exclusions, do no significant harm to environmental or social objectives, have good governance practices and must not affect the delivery of the sustainable investment objective.

###### Is a specific index designated as a reference benchmark to meet the sustainable investment objective?
An index has not been designated as a reference benchmark to meet the sustainable investment objective.
Reference benchmarks are indexes to measure whether the financial product attains the sustainable investment objective.
How does the reference benchmark take into account sustainability factors in a way that is continuously aligned with the sustainable investment objective?
This question is not applicable.
How is the alignment of the investment strategy with the methodology of the index ensured on a continuous basis?
This question is not applicable.
How does the designated index differ from a relevant broad market index?
This question is not applicable.
Where can the methodology used for the calculation of the designated index be found?
This question is not applicable.

###### 	Where can I find more product specific information online?
More product-specific information can be found on the website: https:/www.fidelity.lu/funds/factsheet/LU0238202427/tab-disclosure#SFDR-disclosure. 
Further information on the methodologies set out herein is available on the website: Sustainable investing framework (fidelityinternational.com).
Pre-contractual disclosure for the financial products referred to in Article 8, paragraphs 1, 2 and 2a, of Regulation (EU) 2019/2088 and Article 6, first paragraph, of Regulation (EU) 2020/852
Product name:	Legal entity identifier:
Fidelity Funds - Sustainable European Smaller Companies Fund	54930019YO0DBESUKT66

###### Environmental and/or social characteristics
| Does this financial product have a sustainable investment objective? |
| --- |
|  | - Yes
 |  | No |
| - It will make a minimum of sustainable investments with an environmental objective:%
- in economic activities that qualify as environmentally sustainable under the EU Taxonomy
- in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
- It will make a minimum of sustainable investments with a social objective:%
 | It promotes Environmental/Social (E/S) characteristics and while it does not have as its objective a sustainable investment, it will have a minimum proportion of 5% of sustainable investments - with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomywith an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomywith a social objective
- It promotes E/S characteristics, but will not make any sustainable investments
 |

What environmental and/or social characteristics are promoted by this financial product?
Sustainability indicators measure how the environmental or social characteristics promoted by the financial product are attained.
The fund promotes environmental and social characteristics by investing in securities of issuers with favourable ESG characteristics. Favourable ESG characteristics are determined by reference to ESG ratings. ESG ratings consider environmental characteristics including carbon intensity, carbon emissions, energy efficiency, water and waste management and biodiversity, as well as social characteristics including product safety, supply chain, health and safety and human rights.
The fund partially intends to make sustainable investments.
No reference benchmark has been designated for the purpose of attaining the environmental and social characteristics promoted.
What sustainability indicators are used to measure the attainment of each of the environmental or social characteristics promoted by this financial product?
The fund uses the following sustainability indicators in order to measure the attainment of the environmental or social characteristics that it promotes:
- the percentage of the fund invested in securities of issuers with favourable ESG characteristics in accordance with Fidelity’s Sustainable Investing Framework;
- in respect of its direct investments, the percentage of the fund invested in securities of issuers with exposure to the Exclusions (as defined below);
- the percentage of the fund invested in sustainable investments;
- the percentage of the fund invested in sustainable investments with an environmental objective in economic activities (that do not qualify as environmentally sustainable under the EU Taxonomy); and
- the percentage of the fund invested in sustainable investments with a social objective.

What are the objectives of the sustainable investments that the financial product partially intends to make and how does the sustainable investment contribute to such objectives?
The fund determines a sustainable investment as follows:
- issuers that undertake economic activities that contribute to one or more of the environmental objectives set out in the EU Taxonomy and qualify as environmentally sustainable in accordance with EU Taxonomy; or
- issuers whereby the majority of their business activities (more than 50% of revenue) contribute to environmental or social objectives aligned with one or more of the United Nations Sustainable Development Goals (“SDGs”); or
- issuers which have set a decarbonisation target consistent with a 1.5 degree warming scenario or lower (verified by the Science Based Target Initiative or a Fidelity Proprietary Climate Rating) which would be considered to contribute to environmental objectives;provided they do no significant harm, meet minimum safeguards and good governance criteria.

How do the sustainable investments that the financial product partially intends to make, not cause significant harm to any environmental or social sustainable investment objective?
Sustainable investments are screened for involvement in activities that cause significant harm and controversies, assessed through a check that the issuer meets minimum safeguards and standards that relate to principal adverse impacts (PAIs) as well as for performance on PAI metrics. This includes:
- Norms-based screens - the screening out of securities identified under Fidelity’s norms based screens (as set out below);
- Activity-based screens - the screening out of issuers based on their participation in activities with significant negative impacts on society or the environment, including issuers that are considered to have a ‘Very Severe’ controversy using controversy screens, covering
- environmental issues,
- human rights and communities,
- labour rights and supply chain,
- customers,
- governance; and
	- PAI indicators - quantitative data (where available) on PAI indicators is used to evaluate whether an issuer is involved in activities that cause significant harm to any environmental or social objective.


Principal adverse impacts are the most significant negative impacts of investment decisions on sustainability factors relating to environmental, social and employee matters, respect for human rights, anti- corruption and anti- bribery matters.
How have the indicators for adverse impacts on sustainability factors been taken into account?
For sustainable investments, as set out above, Fidelity undertakes a quantitative evaluation that identifies entities with challenging performance on PAI indicators. Issuers with a low score will be ineligible to be ‘sustainable investments’ unless Fidelity’s fundamental research determines that the issuer is not breaching “do no significant harm” requirements or is on the path to mitigate the adverse impacts through effective management or transition.
How are the sustainable investments aligned with the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights? Details:
Norms-based screens are applied: Issuers identified as failing to behave in a way which meets their fundamental responsibilities in the areas of human rights, labour, environmental and anti-corruption as aligned with international norms including those set out by the OECD Guidelines for Multinational Enterprises, the UN Guiding Principles on Business and Human Rights, the UN Global Compact (UNGC) and the International Labour Organisation (ILO) Conventions, are not considered sustainable investments.
The EU Taxonomy sets out a “do not significant harm” principle by which Taxonomy-aligned investments should not significantly harm EU Taxonomy objectives and is accompanied by specific EU criteria.
The “do no significant harm” principle applies only to those investments underlying the financial product that take into account the EU criteria for environmentally sustainable economic activities. The investments underlying the remaining portion of this financial product do not take into account the EU criteria for environmentally sustainable economic activities.
Any other sustainable investments must also not significantly harm any environmental or social objectives.

###### Does this financial product consider principal adverse impacts on sustainability factors?
Yes
- NoConsideration of the principal adverse impacts on sustainability factors of investment decisions (referred to as principal adverse impacts) is incorporated through a variety of tools, including:
- Due Diligence - analysis of whether impacts on sustainability factors are material and negative.
- ESG rating - Fidelity references ESG ratings which incorporate consideration of material principal adverse impacts such as carbon emissions, employee safety and bribery and corruption, water management and, for sovereign issued securities, ratings used incorporate consideration of material principal adverse impacts such as carbon emissions, social violations and freedom of expression.
- Exclusions - When investing directly in corporate issuers, the fund applies the Exclusions (as defined below) to help mitigate the principal adverse impacts through excluding harmful sectors and prohibiting investment in issuers that breach international standards, such as the UNGC.
- Engagement - Fidelity uses engagement as a tool to better understand principal adverse impacts and, in some circumstances, advocate for mitigating the principal adverse impacts. Fidelity participates in relevant individual and collaborative engagements that target a number of principal adverse impacts (i.e. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Voting - Fidelity’s voting policy includes explicit minimum standards for board gender diversity and engagement with climate change for corporate issuers. Fidelity may also vote to help mitigate principal adverse impacts.
- Quarterly reviews - monitoring of principal adverse impacts through the fund’s quarterly review process.

Fidelity takes into account specific indicators for each sustainability factor when considering whether investments have a principal adverse impact. These indicators are subject to data availability and may evolve with improving data quality and availability.
Information on principal adverse impacts will be available in the annual report of the fund.
The investment strategy guides investment decisions based on factors such as investments objectives and risk tolerance.

######  What investment strategy does this financial product follow?
The fund is part of the Fidelity Sustainable Family of funds and adopts a Sustainable Focused strategy under which a minimum of 70% of the fund’s assets will be invested in securities with favourable ESG characteristics.
Favourable ESG characteristics are determined by reference to ESG ratings provided by external agencies and Fidelity ESG ratings.
Issuers that are not assessed as having favourable ESG characteristics for the purposes of the primary objective (minimum 70% of assets) are eligible for inclusion, with up to 30% of assets, provided they are able to demonstrate that they are on an improving trajectory with respect to their ESG characteristics.
When selecting investments, the fund’s investment universe will be reduced by at least 20% due to the exclusion of issuers on the basis of their ESG characteristics.
Within this investment universe, the Investment Manager selects stocks through rigorous bottom-up financial analysis and valuation to select stocks with strong investment return potential.
In respect of its direct investments, the fund is subject to:
- a firm-wide exclusions list, which includes cluster munitions and anti-personnel landmines, and
- a principle-based screening policy which includes:
	- norms-based screening of issuers which the Investment Manager considers have failed to conduct their business in accordance with international norms, including as set out in the UNGC; and
	- negative screening of certain sectors, issuers or practices based on specific ESG criteria where revenue thresholds may be applied.


The above exclusions and screens (the “Exclusions”) may be updated from time to time. Please refer to the website for further information Sustainable investing framework(fidelityinternational.com).
The Investment Manager also has discretion to implement enhanced, stricter sustainable requirements and exclusions from time to time.
What are the binding elements of the investment strategy used to select the investments to attain each of the environmental or social characteristics promoted by this financial product?
The fund will invest:
- a minimum of 70% of its assets in issuers with favourable ESG characteristics,
- a minimum of 5% in sustainable investments of which a minimum of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 1% have a social objective.

When selecting investments, the fund’s investment universe will be reduced by a minimum of 20% due to the exclusion of issuers on the basis of their ESG characteristics.
In addition, the fund will systematically apply the Exclusions to direct investments as described above.
What is the committed minimum rate to reduce the scope of the investments considered prior to the application of that investment strategy?
When selecting investments, the fund’s investment universe will be reduced by at least 20% due to the exclusion of issuers on the basis of their ESG characteristics.
Good governance practices include sound management structures, employee relations, remuneration of staff and tax compliance.
What is the policy to assess good governance practices of the investee companies?
The governance practices of issuers are assessed using fundamental research, including Fidelity ESG ratings, data regarding controversies and UN Global Compact violations.
Key points that are analysed include track record of capital allocation, financial transparency, related party transactions, board independence and size, executive pay, auditors and internal oversight, minority shareholder rights, among other indicators.

###### What is the asset allocation planned for this financial product?
Asset allocation describes the share of investments in specific assets.
Taxonomy-aligned activities are expressed as a share of:
- turnover reflecting the share of revenue from green activities of investee companies
- capital expenditure (CapEx) showing the green investments made by investee companies,e.g. for a transition to a green economy.

- operational expenditure (OpEx) reflecting green operational activities of investee companies.
(#1 Aligned with E/S characteristics) The fund will invest:
- a minimum of 70% of its assets in securities of issuers with favourable ESG characteristics;
- a minimum of 5% of its assets in sustainable investments (#1A sustainable) of which a minimum of of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 1% have a social objective. The remaining sustainable investments of the fund may have an environmental or social objective.

(#1B Other E/S characteristics) Includes securities of issuers with favourable ESG characteristics but are not sustainable investments.
How does the use of derivatives attain the environmental or social characteristics promoted by the financial product?
Where the security underlying a derivative has favourable ESG characteristics in accordance with Fidelity's Sustainable Investing Framework, the derivative may be included in determining the proportion of the fund dedicated to promotion of environmental or social characteristics.
To what minimum extent are sustainable investments with an environmental objective aligned with the EU Taxonomy?
The fund invests a minimum of 0% in sustainable investments with an environmental objective aligned with the EU Taxonomy.
The compliance of the investments of the fund with the EU Taxonomy will not be subject to an assurance by auditors or a review by third parties.
The EU Taxonomy alignment of the underlying investments of the fund is measured by turnover.
Does the financial product invest in fossil gas and/or nuclear energy-related activities that comply with the EU Taxonomy¹?
- YesNo
- In fossil gas	In nuclear energyWhat is the minimum share of investments in transitional and enabling activities?

The fund invests a minimum of 0% in transitional activities and a minimum of 0% in enabling activities.
What is the minimum share of sustainable investments with an environmental objective that are not aligned with the EU Taxonomy?
The fund invests a minimum of 1% in sustainable investments with an environmental objective that is not aligned with the EU Taxonomy.
Investments could be aligned with the EU Taxonomy but the Investment Manager is not currently in a position to specify the exact proportion of the fund’s underlying investments which take into account the EU criteria for environmentally sustainable economic activities. However, the position will be kept under review as the underlying rules are finalised and the availability of reliable data increases over time.
¹Fossil gas and/or nuclear related activities will only comply with the EU Taxonomy where they contribute to limiting climate change (“climate change mitigation”) and do not significantly harm any EU Taxonomy objectives - see explanatory note in the left hand margin. The full criteria for fossil gas and nuclear energy economic activities that comply with the EU Taxonomy are laid down in Commission Delegated Regulation (EU) 2022/1214.
What is the minimum share of socially sustainable investments?
The fund invests a minimum of 1% in sustainable investments with a social objective.
What investments are included under “#2 Other”, what is their purpose and are there any minimum environmental or social safeguards?
The remaining investments of the fund may be invested in securities of issuers that are able to demonstrate that they are on an improving trajectory with respect to their ESG characteristics, as well as cash and cash equivalents for liquidity purposes and derivatives which may be used for investment and efficient portfolio management.
As a minimum environmental and social safeguard, the fund will adhere to the Exclusions.

###### Is a specific index designated as a reference benchmark to determine whether this financial product is aligned with the environmental and/or social characteristics that it promotes?
An index has not been designated as a reference benchmark to determine whether this financial product is aligned with the environmental or social characteristics that it promotes.
Reference benchmarks are indexes to measure whether the financial product attains the environmental or social characteristics that they promote.
How is the reference benchmark continuously aligned with each of the environmental or social characteristics promoted by the financial product?
This question is not applicable.
How is the alignment of the investment strategy with the methodology of the index ensured on a continuous basis?
This question is not applicable.
How does the designated index differ from a relevant broad market index?
This question is not applicable.
Where can the methodology used for the calculation of the designated index be found?
This question is not applicable.

###### 	Where can I find more product specific information online?
More product-specific information can be found on the website: https:/www.fidelity.lu/funds/factsheet/LU2296467611/tab-disclosure#SFDR-disclosure. 
Further information on the methodologies set out herein is available on the website: Sustainable investing framework (fidelityinternational.com).
Pre-contractual disclosure for the financial products referred to in Article 8, paragraphs 1, 2 and 2a, of Regulation (EU) 2019/2088 and Article 6, first paragraph, of Regulation (EU) 2020/852
Product name:	Legal entity identifier:
Fidelity Funds - Switzerland Fund	5493001N8Q97TPZUYT12

###### Environmental and/or social characteristics
| Does this financial product have a sustainable investment objective? |
| --- |
|  | - Yes
 |  | No |
| - It will make a minimum of sustainable investments with an environmental objective:%
- in economic activities that qualify as environmentally sustainable under the EU Taxonomy
- in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
- It will make a minimum of sustainable investments with a social objective:%
 | It promotes Environmental/Social (E/S) characteristics and while it does not have as its objective a sustainable investment, it will have a minimum proportion of 30% of sustainable investments - with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomywith an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomywith a social objective
- It promotes E/S characteristics, but will not make any sustainable investments
 |

What environmental and/or social characteristics are promoted by this financial product?
Sustainability indicators measure how the environmental or social characteristics promoted by the financial product are attained.
The fund promotes environmental and social characteristics by investing in securities of issuers with favourable ESG characteristics. Favourable ESG characteristics are determined by reference to ESG ratings. ESG ratings consider environmental characteristics including carbon intensity, carbon emissions, energy efficiency, water and waste management and biodiversity, as well as social characteristics including product safety, supply chain, health and safety and human rights.
The fund partially intends to make sustainable investments.
No reference benchmark has been designated for the purpose of attaining the environmental and social characteristics promoted.
What sustainability indicators are used to measure the attainment of each of the environmental or social characteristics promoted by this financial product?
The fund uses the following sustainability indicators in order to measure the attainment of the environmental or social characteristics that it promotes:
- the percentage of the fund invested in securities of issuers with favourable ESG characteristics in accordance with Fidelity’s Sustainable Investing Framework;
- in respect of its direct investments in corporate issuers, the percentage of the fund invested in securities of issuers with exposure to the Exclusions (defined below);
- the percentage of the fund invested in sustainable investments;
- the percentage of the fund invested in sustainable investments with an environmental objective in economic activities (that do not qualify as environmentally sustainable under the EU Taxonomy); and
- the percentage of the fund invested in sustainable investments with a social objective.

What are the objectives of the sustainable investments that the financial product partially intends to make and how does the sustainable investment contribute to such objectives?
The fund determines a sustainable investment as follows:
- issuers that undertake economic activities that contribute to one or more of the environmental objectives set out in the EU Taxonomy and qualify as environmentally sustainable in accordance with EU Taxonomy; or
- issuers whereby the majority of their business activities (more than 50% of revenue) contribute to environmental or social objectives aligned with one or more of the United Nations Sustainable Development Goals (“SDGs”); or
- issuers which have set a decarbonisation target consistent with a 1.5 degree warming scenario or lower (verified by the Science Based Target Initiative or a Fidelity Proprietary Climate Rating) which would be considered to contribute to environmental objectives;provided they do no significant harm, meet minimum safeguards and good governance criteria.

How do the sustainable investments that the financial product partially intends to make, not cause significant harm to any environmental or social sustainable investment objective?
Sustainable investments are screened for involvement in activities that cause significant harm and controversies, assessed through a check that the issuer meets minimum safeguards and standards that relate to principal adverse impacts (PAIs) as well as performance on PAI metrics. This includes:
- Norms-based screens - the screening out of securities identified under Fidelity’s existing norms-based screens (as set out below);
- Activity-based screens - the screening out of issuers based on their participation in activities with significant negative impacts on society or the environment, including issuers that are considered to have a ‘Very Severe’ controversy using controversy screens, covering
- environmental issues,
- human rights and communities,
- labour rights and supply chain,
- customers,
- governance; and
	- PAI indicators - quantitative data (where available) on PAI indicators is used to evaluate whether an issuer is involved in activities that cause significant harm to any environmental or social objective.


Principal adverse impacts are the most significant negative impacts of investment decisions on sustainability factors relating to environmental, social and employee matters, respect for human rights, anti- corruption and anti- bribery matters.
How have the indicators for adverse impacts on sustainability factors been taken into account?
For sustainable investments, as set out above, Fidelity undertakes a quantitative evaluation to identify issuers with challenging performance on PAI indicators. Issuers with a low score will be ineligible to be ‘sustainable investments’ unless Fidelity’s fundamental research determines that the issuer is not breaching “do no significant harm” requirements, or is on the path to mitigate the adverse impacts through effective management or transition.
How are the sustainable investments aligned with the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights? Details:
Norms-based screens are applied: Issuers identified as failing to behave in a way which meets their fundamental responsibilities in the areas of human rights, labour, environmental and anti-corruption as aligned with international norms including those set out by the OECD Guidelines for Multinational Enterprises, the UN Guiding Principles on Business and Human Rights, the UN Global Compact (UNGC) and the International Labour Organisation (ILO) Conventions, are not considered sustainable investments.
The EU Taxonomy sets out a “do not significant harm” principle by which Taxonomy-aligned investments should not significantly harm EU Taxonomy objectives and is accompanied by specific EU criteria.
The “do no significant harm” principle applies only to those investments underlying the financial product that take into account the EU criteria for environmentally sustainable economic activities. The investments underlying the remaining portion of this financial product do not take into account the EU criteria for environmentally sustainable economic activities.
Any other sustainable investments must also not significantly harm any environmental or social objectives.

###### Does this financial product consider principal adverse impacts on sustainability factors?
Yes
- NoConsideration of the principal adverse impacts on sustainability factors of investment decisions (referred to as principal adverse impacts) is incorporated through a variety of tools, including:
- Due Diligence - analysis of whether impacts on sustainability factors are material and negative.
- ESG rating - Fidelity references ESG ratings which incorporate consideration of material principal adverse impacts such as carbon emissions, employee safety and bribery and corruption, water management and, for sovereign issued securities, ratings used incorporate consideration of material principal adverse impacts such as carbon emissions, social violations and freedom of expression.
- Exclusions - When investing directly in corporate issuers, the fund applies the Exclusions (as defined below) to help mitigate the principal adverse impacts through excluding harmful sectors and prohibiting investment in issuers that breach international standards, such as the UNGC.
- Engagement - Fidelity uses engagement as a tool to better understand principal adverse impacts and, in some circumstances, advocate for mitigating the principal adverse impacts. Fidelity participates in relevant individual and collaborative engagements that target a number of principal adverse impacts (i.e. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Voting - Fidelity’s voting policy includes explicit minimum standards for board gender diversity and engagement with climate change for corporate issuers. Fidelity may also vote to help mitigate principal adverse impacts.
- Quarterly reviews - monitoring of principal adverse impacts through the fund’s quarterly review process.

Fidelity takes into account specific indicators for each sustainability factor when considering whether investments have a principal adverse impact. These indicators are subject to data availability and may evolve with improving data quality and availability.
Information on principal adverse impacts will be available in the annual report of the fund.
The investment strategy guides investment decisions based on factors such as investments objectives and risk tolerance.

######  What investment strategy does this financial product follow?
A minimum of 50% of the fund’s assets will be invested in securities with favourable ESG characteristics.
Favourable ESG characteristics are determined by reference to ESG ratings provided by external agencies and Fidelity ESG ratings.
Within this investment universe, the Investment Manager selects stocks through rigorous bottom-up financial analysis and valuation to select stocks with strong investment return potential.
In respect of its direct investments in corporate issuers, the fund is subject to:
- a firm-wide exclusions list, which includes cluster munitions and anti-personnel landmines, and
- a norms-based screening of issuers which the Investment Manager considers have failed to conduct their business in accordance with international norms, including as set out in the UNGC.

The above exclusions and screens (the “Exclusions”) may be updated from time to time. Please refer to the website for further information Sustainable investing framework(fidelityinternational.com).
The Investment Manager also has discretion to implement enhanced, stricter sustainable requirements and exclusions from time to time.
What are the binding elements of the investment strategy used to select the investments to attain each of the environmental or social characteristics promoted by this financial product?
The fund will invest:
- a minimum of 50% of its assets in issuers with favourable ESG characteristics,
- a minimum of 30% in sustainable investments of which a minimum of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 5% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 15% have a social objective.

In addition, the fund will systematically apply the Exclusions as described above.
What is the committed minimum rate to reduce the scope of the investments considered prior to the application of that investment strategy?
This question is not applicable.
Good governance practices include sound management structures, employee relations, remuneration of staff and tax compliance.
What is the policy to assess good governance practices of the investee companies?
The governance practices of issuers are assessed using fundamental research, including Fidelity ESG ratings, data regarding controversies and UN Global Compact violations.
Key points that are analysed include track record of capital allocation, financial transparency, related party transactions, board independence and size, executive pay, auditors and internal oversight, minority shareholder rights, among other indicators.
Asset allocation describes the share of investments in specific assets.
Taxonomy-aligned activities are expressed as a share of:
- turnover reflecting the share of revenue from green activities of investee companies
- capital expenditure (CapEx) showing the green investments made by investee companies,e.g. for a transition to a green economy.

- operational expenditure (OpEx) reflecting green operational activities of investee companies.

###### 	What is the asset allocation planned for this financial product?
(#1 Aligned with E/S characteristics) The fund aims to invest:
- a minimum of 50% of its assets in securities of issuers with favourable ESG characteristics,
- a minimum of 30% of its assets in sustainable investments (#1A sustainable) of which a minimum of of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 5% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 15% have a social objective. The remaining sustainable investments of the fund may have an environmental or social objective.

(#1B Other E/S characteristics) Includes securities of issuers with favourable ESG characteristics but are not sustainable investments.
How does the use of derivatives attain the environmental or social characteristics promoted by the financial product?
Where the security underlying a derivative has favourable ESG characteristics in accordance with Fidelity's Sustainable Investing Framework, the derivative may be included in determining the proportion of the fund dedicated to promotion of environmental or social characteristics.
To what minimum extent are sustainable investments with an environmental objective aligned with the EU Taxonomy?
The fund invests a minimum of 0% in sustainable investments with an environmental objective aligned with the EU Taxonomy.
The compliance of the investments of the fund with the EU Taxonomy will not be subject to an assurance by auditors or a review by third parties.
The EU Taxonomy alignment of the underlying investments of the fund is measured by turnover.
Does the financial product invest in fossil gas and/or nuclear energy-related activities that comply with the EU Taxonomy¹?
- YesNo
- In fossil gas	In nuclear energyWhat is the minimum share of investments in transitional and enabling activities?

The fund invests a minimum of 0% in transitional activities and a minimum of 0% in enabling activities.
What is the minimum share of sustainable investments with an environmental objective that are not aligned with the EU Taxonomy?
The fund invests a minimum of 5% in sustainable investments with an environmental objective that is not aligned with the EU Taxonomy.
Investments could be aligned with the EU Taxonomy but the Investment Manager is not currently in a position to specify the exact proportion of the fund’s underlying investments which take into account the EU criteria for environmentally sustainable economic activities. However, the position will be kept under review as the underlying rules are finalised and the availability of reliable data increases over time.
¹Fossil gas and/or nuclear related activities will only comply with the EU Taxonomy where they contribute to limiting climate change (“climate change mitigation”) and do not significantly harm any EU Taxonomy objectives - see explanatory note in the left hand margin. The full criteria for fossil gas and nuclear energy economic activities that comply with the EU Taxonomy are laid down in Commission Delegated Regulation (EU) 2022/1214.
What is the minimum share of socially sustainable investments?
The fund invests a minimum of 15% in sustainable investments with a social objective.
What investments are included under “#2 Other”, what is their purpose and are there any minimum environmental or social safeguards?
The remaining investments of the fund will be invested in assets aligned with the financial objective of the fund, cash and cash equivalents for liquidity purposes and derivatives which may be used for investment and efficient portfolio management.
As a minimum environmental and social safeguard, the fund will adhere to the Exclusions.

###### Is a specific index designated as a reference benchmark to determine whether this financial product is aligned with the environmental and/or social characteristics that it promotes?
An index has not been designated as a reference benchmark to determine whether this financial product is aligned with the environmental or social characteristics that it promotes.
Reference benchmarks are indexes to measure whether the financial product attains the environmental or social characteristics that they promote.
How is the reference benchmark continuously aligned with each of the environmental or social characteristics promoted by the financial product?
This question is not applicable.
How is the alignment of the investment strategy with the methodology of the index ensured on a continuous basis?
This question is not applicable.
How does the designated index differ from a relevant broad market index?
This question is not applicable.
Where can the methodology used for the calculation of the designated index be found?
This question is not applicable.

###### 	Where can I find more product specific information online?
More product-specific information can be found on the website: https:/www.fidelity.lu/funds/factsheet/LU0261951288/tab-disclosure#SFDR-disclosure. 
Further information on the methodologies set out herein is available on the website: Sustainable investing framework (fidelityinternational.com).
Pre-contractual disclosure for the financial products referred to in Article 8, paragraphs 1, 2 and 2a, of Regulation (EU) 2019/2088 and Article 6, first paragraph, of Regulation (EU) 2020/852
Product name:	Legal entity identifier:
Fidelity Funds - ASEAN Fund	549300NUQAYRMIJ1DF30

###### Environmental and/or social characteristics
| Does this financial product have a sustainable investment objective? |
| --- |
|  | - Yes
 |  | No |
| - It will make a minimum of sustainable investments with an environmental objective:%
- in economic activities that qualify as environmentally sustainable under the EU Taxonomy
- in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
- It will make a minimum of sustainable investments with a social objective:%
 | It promotes Environmental/Social (E/S) characteristics and while it does not have as its objective a sustainable investment, it will have a minimum proportion of 5% of sustainable investments - with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomy
- with an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomywith a social objective
- It promotes E/S characteristics, but will not make any sustainable investments
 |

What environmental and/or social characteristics are promoted by this financial product?
Sustainability indicators measure how the environmental or social characteristics promoted by the financial product are attained.
The fund promotes environmental and social characteristics by investing in securities of issuers with favourable ESG characteristics. Favourable ESG characteristics are determined by reference to ESG ratings. ESG ratings consider environmental characteristics including carbon intensity, carbon emissions, energy efficiency, water and waste management and biodiversity, as well as social characteristics including product safety, supply chain, health and safety and human rights.
The fund partially intends to make sustainable investments.
No reference benchmark has been designated for the purpose of attaining the environmental and social characteristics promoted.
What sustainability indicators are used to measure the attainment of each of the environmental or social characteristics promoted by this financial product?
The fund uses the following sustainability indicators in order to measure the attainment of the environmental or social characteristics that it promotes:
- the percentage of the fund invested in securities of issuers with favourable ESG characteristics in accordance with Fidelity’s Sustainable Investing Framework;
- in respect of its direct investments in corporate issuers, the percentage of the fund invested in securities of issuers with exposure to the Exclusions (defined below);
- the percentage of the fund invested in sustainable investments; and
- the percentage of the fund invested in sustainable investments with a social objective.

What are the objectives of the sustainable investments that the financial product partially intends to make and how does the sustainable investment contribute to such objectives?
The fund determines a sustainable investment as follows:
- issuers that undertake economic activities that contribute to one or more of the environmental objectives set out in the EU Taxonomy and qualify as environmentally sustainable in accordance with EU Taxonomy; or
- issuers whereby the majority of their business activities (more than 50% of revenue) contribute to environmental or social objectives aligned with one or more of the United Nations Sustainable Development Goals (“SDGs”); or
- issuers which have set a decarbonisation target consistent with a 1.5 degree warming scenario or lower (verified by the Science Based Target Initiative or a Fidelity Proprietary Climate Rating) which would be considered to contribute to environmental objectives;provided they do no significant harm, meet minimum safeguards and good governance criteria.

How do the sustainable investments that the financial product partially intends to make, not cause significant harm to any environmental or social sustainable investment objective?
Sustainable investments are screened for involvement in activities that cause significant harm and controversies, assessed through a check that the issuer meets minimum safeguards and standards that relate to principal adverse impacts (PAIs) as well as performance on PAI metrics. This includes:
- Norms-based screens - the screening out of securities identified under Fidelity’s existing norms-based screens (as set out below);
- Activity-based screens - the screening out of issuers based on their participation in activities with significant negative impacts on society or the environment, including issuers that are considered to have a ‘Very Severe’ controversy using controversy screens, covering
- environmental issues,
- human rights and communities,
- labour rights and supply chain,
- customers,
- governance; and
	- PAI indicators - quantitative data (where available) on PAI indicators is used to evaluate whether an issuer is involved in activities that cause significant harm to any environmental or social objective.


Principal adverse impacts are the most significant negative impacts of investment decisions on sustainability factors relating to environmental, social and employee matters, respect for human rights, anti- corruption and anti- bribery matters.
How have the indicators for adverse impacts on sustainability factors been taken into account?
For sustainable investments, as set out above, Fidelity undertakes a quantitative evaluation to identify issuers with challenging performance on PAI indicators. Issuers with a low score will be ineligible to be ‘sustainable investments’ unless Fidelity’s fundamental research determines that the issuer is not breaching “do no significant harm” requirements, or is on the path to mitigate the adverse impacts through effective management or transition.
How are the sustainable investments aligned with the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights? Details:
Norms-based screens are applied: Issuers identified as failing to behave in a way which meets their fundamental responsibilities in the areas of human rights, labour, environmental and anti-corruption as aligned with international norms including those set out by the OECD Guidelines for Multinational Enterprises, the UN Guiding Principles on Business and Human Rights, the UN Global Compact (UNGC) and the International Labour Organisation (ILO) Conventions, are not considered sustainable investments.
The EU Taxonomy sets out a “do not significant harm” principle by which Taxonomy-aligned investments should not significantly harm EU Taxonomy objectives and is accompanied by specific EU criteria.
The “do no significant harm” principle applies only to those investments underlying the financial product that take into account the EU criteria for environmentally sustainable economic activities. The investments underlying the remaining portion of this financial product do not take into account the EU criteria for environmentally sustainable economic activities.
Any other sustainable investments must also not significantly harm any environmental or social objectives.

###### Does this financial product consider principal adverse impacts on sustainability factors?
Yes
- NoConsideration of the principal adverse impacts on sustainability factors of investment decisions (referred to as principal adverse impacts) is incorporated through a variety of tools, including:
- Due Diligence - analysis of whether impacts on sustainability factors are material and negative.
- ESG rating - Fidelity references ESG ratings which incorporate consideration of material principal adverse impacts such as carbon emissions, employee safety and bribery and corruption, water management and, for sovereign issued securities, ratings used incorporate consideration of material principal adverse impacts such as carbon emissions, social violations and freedom of expression.
- Exclusions - When investing directly in corporate issuers, the fund applies the Exclusions (as defined below) to help mitigate the principal adverse impacts through excluding harmful sectors and prohibiting investment in issuers that breach international standards, such as the UNGC.
- Engagement - Fidelity uses engagement as a tool to better understand principal adverse impacts and, in some circumstances, advocate for mitigating the principal adverse impacts. Fidelity participates in relevant individual and collaborative engagements that target a number of principal adverse impacts (i.e. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Voting - Fidelity’s voting policy includes explicit minimum standards for board gender diversity and engagement with climate change for corporate issuers. Fidelity may also vote to help mitigate principal adverse impacts.
- Quarterly reviews - monitoring of principal adverse impacts through the fund’s quarterly review process.

Fidelity takes into account specific indicators for each sustainability factor when considering whether investments have a principal adverse impact. These indicators are subject to data availability and may evolve with improving data quality and availability.
Information on principal adverse impacts will be available in the annual report of the fund.
The investment strategy guides investment decisions based on factors such as investments objectives and risk tolerance.

######  What investment strategy does this financial product follow?
A minimum of 50% of the fund’s assets will be invested in securities with favourable ESG characteristics.
Favourable ESG characteristics are determined by reference to ESG ratings provided by external agencies and Fidelity ESG ratings.
Within this investment universe, the Investment Manager selects stocks through rigorous bottom-up financial analysis and valuation to select stocks with strong investment return potential.
In respect of its direct investments in corporate issuers, the fund is subject to:
- a firm-wide exclusions list, which includes cluster munitions and anti-personnel landmines, and
- a norms-based screening of issuers which the Investment Manager considers have failed to conduct their business in accordance with international norms, including as set out in the UNGC.

The above exclusions and screens (the “Exclusions”) may be updated from time to time. Please refer to the website for further information Sustainable investing framework(fidelityinternational.com).
The Investment Manager also has discretion to implement enhanced, stricter sustainable requirements and exclusions from time to time.
What are the binding elements of the investment strategy used to select the investments to attain each of the environmental or social characteristics promoted by this financial product?
The fund will invest:
- a minimum of 50% of its assets in issuers with favourable ESG characteristics,
- a minimum of 5% in sustainable investments of which a minimum of 5% have a social objective.

In addition, the fund will systematically apply the Exclusions as described above.
What is the committed minimum rate to reduce the scope of the investments considered prior to the application of that investment strategy?
This question is not applicable.
Good governance practices include sound management structures, employee relations, remuneration of staff and tax compliance.
What is the policy to assess good governance practices of the investee companies?
The governance practices of issuers are assessed using fundamental research, including Fidelity ESG ratings, data regarding controversies and UN Global Compact violations.
Key points that are analysed include track record of capital allocation, financial transparency, related party transactions, board independence and size, executive pay, auditors and internal oversight, minority shareholder rights, among other indicators.
Asset allocation describes the share of investments in specific assets.
Taxonomy-aligned activities are expressed as a share of:
- turnover reflecting the share of revenue from green activities of investee companies
- capital expenditure (CapEx) showing the green investments made by investee companies,e.g. for a transition to a green economy.

- operational expenditure (OpEx) reflecting green operational activities of investee companies.

###### 	What is the asset allocation planned for this financial product?
(#1 Aligned with E/S characteristics) The fund aims to invest:
- a minimum of 50% of its assets in securities of issuers with favourable ESG characteristics,
- a minimum of 5% of its assets in sustainable investments (#1A sustainable) of which a minimum of of 5% have a social objective.

(#1B Other E/S characteristics) Includes securities of issuers with favourable ESG characteristics but are not sustainable investments.
How does the use of derivatives attain the environmental or social characteristics promoted by the financial product?
Where the security underlying a derivative has favourable ESG characteristics in accordance with Fidelity's Sustainable Investing Framework, the derivative may be included in determining the proportion of the fund dedicated to promotion of environmental or social characteristics.
To what minimum extent are sustainable investments with an environmental objective aligned with the EU Taxonomy?
The fund invests a minimum of 0% in sustainable investments with an environmental objective aligned with the EU Taxonomy.
The compliance of the investments of the fund with the EU Taxonomy will not be subject to an assurance by auditors or a review by third parties.
The EU Taxonomy alignment of the underlying investments of the fund is measured by turnover.
Does the financial product invest in fossil gas and/or nuclear energy-related activities that comply with the EU Taxonomy¹?
- YesNo
- In fossil gas	In nuclear energyWhat is the minimum share of investments in transitional and enabling activities?

The fund invests a minimum of 0% in transitional activities and a minimum of 0% in enabling activities.
What is the minimum share of sustainable investments with an environmental objective that are not aligned with the EU Taxonomy?
The fund does not intend to make sustainable investments with an environmental objective that is not aligned with the EU Taxonomy.
What is the minimum share of socially sustainable investments?
The fund invests a minimum of 5% in sustainable investments with a social objective.
¹Fossil gas and/or nuclear related activities will only comply with the EU Taxonomy where they contribute to limiting climate change (“climate change mitigation”) and do not significantly harm any EU Taxonomy objectives - see explanatory note in the left hand margin. The full criteria for fossil gas and nuclear energy economic activities that comply with the EU Taxonomy are laid down in Commission Delegated Regulation (EU) 2022/1214.
What investments are included under “#2 Other”, what is their purpose and are there any minimum environmental or social safeguards?
The remaining investments of the fund will be invested in assets aligned with the financial objective of the fund, cash and cash equivalents for liquidity purposes and derivatives which may be used for investment and efficient portfolio management.
As a minimum environmental and social safeguard, the fund will adhere to the Exclusions.

###### Is a specific index designated as a reference benchmark to determine whether this financial product is aligned with the environmental and/or social characteristics that it promotes?
An index has not been designated as a reference benchmark to determine whether this financial product is aligned with the environmental or social characteristics that it promotes.
Reference benchmarks are indexes to measure whether the financial product attains the environmental or social characteristics that they promote.
How is the reference benchmark continuously aligned with each of the environmental or social characteristics promoted by the financial product?
This question is not applicable.
How is the alignment of the investment strategy with the methodology of the index ensured on a continuous basis?
This question is not applicable.
How does the designated index differ from a relevant broad market index?
This question is not applicable.
Where can the methodology used for the calculation of the designated index be found?
This question is not applicable.

###### 	Where can I find more product specific information online?
More product-specific information can be found on the website: https:/www.fidelity.lu/funds/factsheet/LU0048573645/tab-disclosure#SFDR-disclosure. 
Further information on the methodologies set out herein is available on the website: Sustainable investing framework (fidelityinternational.com).
Pre-contractual disclosure for the financial products referred to in Article 8, paragraphs 1, 2 and 2a, of Regulation (EU) 2019/2088 and Article 6, first paragraph, of Regulation (EU) 2020/852
Product name:	Legal entity identifier:
Fidelity Funds - Asia Pacific Dividend Fund	254900K34JQACEUYMM61

###### Environmental and/or social characteristics
| Does this financial product have a sustainable investment objective? |
| --- |
|  | - Yes
 |  | No |
| - It will make a minimum of sustainable investments with an environmental objective:%
- in economic activities that qualify as environmentally sustainable under the EU Taxonomy
- in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
- It will make a minimum of sustainable investments with a social objective:%
 | It promotes Environmental/Social (E/S) characteristics and while it does not have as its objective a sustainable investment, it will have a minimum proportion of 20% of sustainable investments - with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomywith an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomywith a social objective
- It promotes E/S characteristics, but will not make any sustainable investments
 |

What environmental and/or social characteristics are promoted by this financial product?
Sustainability indicators measure how the environmental or social characteristics promoted by the financial product are attained.
The fund promotes environmental and social characteristics by investing in securities of issuers with favourable ESG characteristics. Favourable ESG characteristics are determined by reference to ESG ratings. ESG ratings consider environmental characteristics including carbon intensity, carbon emissions, energy efficiency, water and waste management and biodiversity, as well as social characteristics including product safety, supply chain, health and safety and human rights.
The fund partially intends to make sustainable investments.
No reference benchmark has been designated for the purpose of attaining the environmental and social characteristics promoted.
What sustainability indicators are used to measure the attainment of each of the environmental or social characteristics promoted by this financial product?
The fund uses the following sustainability indicators in order to measure the attainment of the environmental or social characteristics that it promotes:
- the percentage of the fund invested in securities of issuers with favourable ESG characteristics in accordance with Fidelity’s Sustainable Investing Framework;
- in respect of its direct investments in corporate issuers, the percentage of the fund invested in securities of issuers with exposure to the Exclusions (defined below);
- the percentage of the fund invested in sustainable investments;
- the percentage of the fund invested in sustainable investments with an environmental objective in economic activities (that do not qualify as environmentally sustainable under the EU Taxonomy); and
- the percentage of the fund invested in sustainable investments with a social objective.

What are the objectives of the sustainable investments that the financial product partially intends to make and how does the sustainable investment contribute to such objectives?
The fund determines a sustainable investment as follows:
- issuers that undertake economic activities that contribute to one or more of the environmental objectives set out in the EU Taxonomy and qualify as environmentally sustainable in accordance with EU Taxonomy; or
- issuers whereby the majority of their business activities (more than 50% of revenue) contribute to environmental or social objectives aligned with one or more of the United Nations Sustainable Development Goals (“SDGs”); or
- issuers which have set a decarbonisation target consistent with a 1.5 degree warming scenario or lower (verified by the Science Based Target Initiative or a Fidelity Proprietary Climate Rating) which would be considered to contribute to environmental objectives;provided they do no significant harm, meet minimum safeguards and good governance criteria.

How do the sustainable investments that the financial product partially intends to make, not cause significant harm to any environmental or social sustainable investment objective?
Sustainable investments are screened for involvement in activities that cause significant harm and controversies, assessed through a check that the issuer meets minimum safeguards and standards that relate to principal adverse impacts (PAIs) as well as performance on PAI metrics. This includes:
- Norms-based screens - the screening out of securities identified under Fidelity’s existing norms-based screens (as set out below);
- Activity-based screens - the screening out of issuers based on their participation in activities with significant negative impacts on society or the environment, including issuers that are considered to have a ‘Very Severe’ controversy using controversy screens, covering
- environmental issues,
- human rights and communities,
- labour rights and supply chain,
- customers,
- governance; and
	- PAI indicators - quantitative data (where available) on PAI indicators is used to evaluate whether an issuer is involved in activities that cause significant harm to any environmental or social objective.


Principal adverse impacts are the most significant negative impacts of investment decisions on sustainability factors relating to environmental, social and employee matters, respect for human rights, anti- corruption and anti- bribery matters.
How have the indicators for adverse impacts on sustainability factors been taken into account?
For sustainable investments, as set out above, Fidelity undertakes a quantitative evaluation to identify issuers with challenging performance on PAI indicators. Issuers with a low score will be ineligible to be ‘sustainable investments’ unless Fidelity’s fundamental research determines that the issuer is not breaching “do no significant harm” requirements, or is on the path to mitigate the adverse impacts through effective management or transition.
How are the sustainable investments aligned with the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights? Details:
Norms-based screens are applied: Issuers identified as failing to behave in a way which meets their fundamental responsibilities in the areas of human rights, labour, environmental and anti-corruption as aligned with international norms including those set out by the OECD Guidelines for Multinational Enterprises, the UN Guiding Principles on Business and Human Rights, the UN Global Compact (UNGC) and the International Labour Organisation (ILO) Conventions, are not considered sustainable investments.
The EU Taxonomy sets out a “do not significant harm” principle by which Taxonomy-aligned investments should not significantly harm EU Taxonomy objectives and is accompanied by specific EU criteria.
The “do no significant harm” principle applies only to those investments underlying the financial product that take into account the EU criteria for environmentally sustainable economic activities. The investments underlying the remaining portion of this financial product do not take into account the EU criteria for environmentally sustainable economic activities.
Any other sustainable investments must also not significantly harm any environmental or social objectives.

###### Does this financial product consider principal adverse impacts on sustainability factors?
Yes
- NoConsideration of the principal adverse impacts on sustainability factors of investment decisions (referred to as principal adverse impacts) is incorporated through a variety of tools, including:
- Due Diligence - analysis of whether impacts on sustainability factors are material and negative.
- ESG rating - Fidelity references ESG ratings which incorporate consideration of material principal adverse impacts such as carbon emissions, employee safety and bribery and corruption, water management and, for sovereign issued securities, ratings used incorporate consideration of material principal adverse impacts such as carbon emissions, social violations and freedom of expression.
- Exclusions - When investing directly in corporate issuers, the fund applies the Exclusions (as defined below) to help mitigate the principal adverse impacts through excluding harmful sectors and prohibiting investment in issuers that breach international standards, such as the UNGC.
- Engagement - Fidelity uses engagement as a tool to better understand principal adverse impacts and, in some circumstances, advocate for mitigating the principal adverse impacts. Fidelity participates in relevant individual and collaborative engagements that target a number of principal adverse impacts (i.e. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Voting - Fidelity’s voting policy includes explicit minimum standards for board gender diversity and engagement with climate change for corporate issuers. Fidelity may also vote to help mitigate principal adverse impacts.
- Quarterly reviews - monitoring of principal adverse impacts through the fund’s quarterly review process.

Fidelity takes into account specific indicators for each sustainability factor when considering whether investments have a principal adverse impact. These indicators are subject to data availability and may evolve with improving data quality and availability.
Information on principal adverse impacts will be available in the annual report of the fund.
The investment strategy guides investment decisions based on factors such as investments objectives and risk tolerance.

######  What investment strategy does this financial product follow?
A minimum of 50% of the fund’s assets will be invested in securities with favourable ESG characteristics.
Favourable ESG characteristics are determined by reference to ESG ratings provided by external agencies and Fidelity ESG ratings.
Within this investment universe, the Investment Manager selects stocks through rigorous bottom-up financial analysis and valuation to select stocks with strong investment return potential.
In respect of its direct investments in corporate issuers, the fund is subject to:
- a firm-wide exclusions list, which includes cluster munitions and anti-personnel landmines, and
- a norms-based screening of issuers which the Investment Manager considers have failed to conduct their business in accordance with international norms, including as set out in the UNGC.

The above exclusions and screens (the “Exclusions”) may be updated from time to time. Please refer to the website for further information Sustainable investing framework(fidelityinternational.com).
The Investment Manager also has discretion to implement enhanced, stricter sustainable requirements and exclusions from time to time.
What are the binding elements of the investment strategy used to select the investments to attain each of the environmental or social characteristics promoted by this financial product?
The fund will invest:
- a minimum of 50% of its assets in issuers with favourable ESG characteristics,
- a minimum of 20% in sustainable investments of which a minimum of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 5% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 5% have a social objective.

In addition, the fund will systematically apply the Exclusions as described above.
What is the committed minimum rate to reduce the scope of the investments considered prior to the application of that investment strategy?
This question is not applicable.
Good governance practices include sound management structures, employee relations, remuneration of staff and tax compliance.
What is the policy to assess good governance practices of the investee companies?
The governance practices of issuers are assessed using fundamental research, including Fidelity ESG ratings, data regarding controversies and UN Global Compact violations.
Key points that are analysed include track record of capital allocation, financial transparency, related party transactions, board independence and size, executive pay, auditors and internal oversight, minority shareholder rights, among other indicators.
Asset allocation describes the share of investments in specific assets.
Taxonomy-aligned activities are expressed as a share of:
- turnover reflecting the share of revenue from green activities of investee companies
- capital expenditure (CapEx) showing the green investments made by investee companies,e.g. for a transition to a green economy.

- operational expenditure (OpEx) reflecting green operational activities of investee companies.

###### 	What is the asset allocation planned for this financial product?
(#1 Aligned with E/S characteristics) The fund aims to invest:
- a minimum of 50% of its assets in securities of issuers with favourable ESG characteristics,
- A minimum of 20% of its assets in sustainable investments (#1A sustainable) of whicha minimum of of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 5% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 5% have a social objective. The remaining sustainable investments of the fund may have an environmental or social objective.

(#1B Other E/S characteristics) Includes securities of issuers with favourable ESG characteristics but are not sustainable investments.
How does the use of derivatives attain the environmental or social characteristics promoted by the financial product?
Where the security underlying a derivative has favourable ESG characteristics in accordance with Fidelity's Sustainable Investing Framework, the derivative may be included in determining the proportion of the fund dedicated to promotion of environmental or social characteristics.
To what minimum extent are sustainable investments with an environmental objective aligned with the EU Taxonomy?
The fund invests a minimum of 0% in sustainable investments with an environmental objective aligned with the EU Taxonomy.
The compliance of the investments of the fund with the EU Taxonomy will not be subject to an assurance by auditors or a review by third parties.
The EU Taxonomy alignment of the underlying investments of the fund is measured by turnover.
Does the financial product invest in fossil gas and/or nuclear energy-related activities that comply with the EU Taxonomy¹?
- YesNo
- In fossil gas	In nuclear energyWhat is the minimum share of investments in transitional and enabling activities?

The fund invests a minimum of 0% in transitional activities and a minimum of 0% in enabling activities.
What is the minimum share of sustainable investments with an environmental objective that are not aligned with the EU Taxonomy?
The fund invests a minimum of 5% in sustainable investments with an environmental objective that is not aligned with the EU Taxonomy.
Investments could be aligned with the EU Taxonomy but the Investment Manager is not currently in a position to specify the exact proportion of the fund’s underlying investments which take into account the EU criteria for environmentally sustainable economic activities. However, the position will be kept under review as the underlying rules are finalised and the availability of reliable data increases over time.
¹Fossil gas and/or nuclear related activities will only comply with the EU Taxonomy where they contribute to limiting climate change (“climate change mitigation”) and do not significantly harm any EU Taxonomy objectives - see explanatory note in the left hand margin. The full criteria for fossil gas and nuclear energy economic activities that comply with the EU Taxonomy are laid down in Commission Delegated Regulation (EU) 2022/1214.
What is the minimum share of socially sustainable investments?
The fund invests a minimum of 5% in sustainable investments with a social objective.
What investments are included under “#2 Other”, what is their purpose and are there any minimum environmental or social safeguards?
The remaining investments of the fund will be invested in assets aligned with the financial objective of the fund, cash and cash equivalents for liquidity purposes and derivatives which may be used for investment and efficient portfolio management.
As a minimum environmental and social safeguard, the fund will adhere to the Exclusions.

###### Is a specific index designated as a reference benchmark to determine whether this financial product is aligned with the environmental and/or social characteristics that it promotes?
An index has not been designated as a reference benchmark to determine whether this financial product is aligned with the environmental or social characteristics that it promotes.
Reference benchmarks are indexes to measure whether the financial product attains the environmental or social characteristics that they promote.
How is the reference benchmark continuously aligned with each of the environmental or social characteristics promoted by the financial product?
This question is not applicable.
How is the alignment of the investment strategy with the methodology of the index ensured on a continuous basis?
This question is not applicable.
How does the designated index differ from a relevant broad market index?
This question is not applicable.
Where can the methodology used for the calculation of the designated index be found?
This question is not applicable.

###### 	Where can I find more product specific information online?
More product-specific information can be found on the website: https:/www.fidelity.lu/funds/factsheet/LU0205439572/tab-disclosure#SFDR-disclosure. 
Further information on the methodologies set out herein is available on the website: Sustainable investing framework (fidelityinternational.com).
Pre-contractual disclosure for the financial products referred to in Article 8, paragraphs 1, 2 and 2a, of Regulation (EU) 2019/2088 and Article 6, first paragraph, of Regulation (EU) 2020/852
Product name:	Legal entity identifier:
Fidelity Funds - Asian Smaller Companies Fund	549300WPIOCV90YN3U76

###### Environmental and/or social characteristics
| Does this financial product have a sustainable investment objective? |
| --- |
|  | - Yes
 |  | No |
| - It will make a minimum of sustainable investments with an environmental objective:%
- in economic activities that qualify as environmentally sustainable under the EU Taxonomy
- in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
- It will make a minimum of sustainable investments with a social objective:%
 | It promotes Environmental/Social (E/S) characteristics and while it does not have as its objective a sustainable investment, it will have a minimum proportion of 10% of sustainable investments - with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomywith an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomywith a social objective
- It promotes E/S characteristics, but will not make any sustainable investments
 |

What environmental and/or social characteristics are promoted by this financial product?
Sustainability indicators measure how the environmental or social characteristics promoted by the financial product are attained.
The fund promotes environmental and social characteristics by investing in securities of issuers with favourable ESG characteristics. Favourable ESG characteristics are determined by reference to ESG ratings. ESG ratings consider environmental characteristics including carbon intensity, carbon emissions, energy efficiency, water and waste management and biodiversity, as well as social characteristics including product safety, supply chain, health and safety and human rights.
The fund partially intends to make sustainable investments.
No reference benchmark has been designated for the purpose of attaining the environmental and social characteristics promoted.
What sustainability indicators are used to measure the attainment of each of the environmental or social characteristics promoted by this financial product?
The fund uses the following sustainability indicators in order to measure the attainment of the environmental or social characteristics that it promotes:
- the percentage of the fund invested in securities of issuers with favourable ESG characteristics in accordance with Fidelity’s Sustainable Investing Framework;
- in respect of its direct investments in corporate issuers, the percentage of the fund invested in securities of issuers with exposure to the Exclusions (defined below);
- the percentage of the fund invested in sustainable investments;
- the percentage of the fund invested in sustainable investments with an environmental objective in economic activities (that do not qualify as environmentally sustainable under the EU Taxonomy); and
- the percentage of the fund invested in sustainable investments with a social objective.

What are the objectives of the sustainable investments that the financial product partially intends to make and how does the sustainable investment contribute to such objectives?
The fund determines a sustainable investment as follows:
- issuers that undertake economic activities that contribute to one or more of the environmental objectives set out in the EU Taxonomy and qualify as environmentally sustainable in accordance with EU Taxonomy; or
- issuers whereby the majority of their business activities (more than 50% of revenue) contribute to environmental or social objectives aligned with one or more of the United Nations Sustainable Development Goals (“SDGs”); or
- issuers which have set a decarbonisation target consistent with a 1.5 degree warming scenario or lower (verified by the Science Based Target Initiative or a Fidelity Proprietary Climate Rating) which would be considered to contribute to environmental objectives;provided they do no significant harm, meet minimum safeguards and good governance criteria.

How do the sustainable investments that the financial product partially intends to make, not cause significant harm to any environmental or social sustainable investment objective?
Sustainable investments are screened for involvement in activities that cause significant harm and controversies, assessed through a check that the issuer meets minimum safeguards and standards that relate to principal adverse impacts (PAIs) as well as performance on PAI metrics. This includes:
- Norms-based screens - the screening out of securities identified under Fidelity’s existing norms-based screens (as set out below);
- Activity-based screens - the screening out of issuers based on their participation in activities with significant negative impacts on society or the environment, including issuers that are considered to have a ‘Very Severe’ controversy using controversy screens, covering
- environmental issues,
- human rights and communities,
- labour rights and supply chain,
- customers,
- governance; and
	- PAI indicators - quantitative data (where available) on PAI indicators is used to evaluate whether an issuer is involved in activities that cause significant harm to any environmental or social objective.


Principal adverse impacts are the most significant negative impacts of investment decisions on sustainability factors relating to environmental, social and employee matters, respect for human rights, anti- corruption and anti- bribery matters.
How have the indicators for adverse impacts on sustainability factors been taken into account?
For sustainable investments, as set out above, Fidelity undertakes a quantitative evaluation to identify issuers with challenging performance on PAI indicators. Issuers with a low score will be ineligible to be ‘sustainable investments’ unless Fidelity’s fundamental research determines that the issuer is not breaching “do no significant harm” requirements, or is on the path to mitigate the adverse impacts through effective management or transition.
How are the sustainable investments aligned with the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights? Details:
Norms-based screens are applied: Issuers identified as failing to behave in a way which meets their fundamental responsibilities in the areas of human rights, labour, environmental and anti-corruption as aligned with international norms including those set out by the OECD Guidelines for Multinational Enterprises, the UN Guiding Principles on Business and Human Rights, the UN Global Compact (UNGC) and the International Labour Organisation (ILO) Conventions, are not considered sustainable investments.
The EU Taxonomy sets out a “do not significant harm” principle by which Taxonomy-aligned investments should not significantly harm EU Taxonomy objectives and is accompanied by specific EU criteria.
The “do no significant harm” principle applies only to those investments underlying the financial product that take into account the EU criteria for environmentally sustainable economic activities. The investments underlying the remaining portion of this financial product do not take into account the EU criteria for environmentally sustainable economic activities.
Any other sustainable investments must also not significantly harm any environmental or social objectives.

###### Does this financial product consider principal adverse impacts on sustainability factors?
Yes
- NoConsideration of the principal adverse impacts on sustainability factors of investment decisions (referred to as principal adverse impacts) is incorporated through a variety of tools, including:
- Due Diligence - analysis of whether impacts on sustainability factors are material and negative.
- ESG rating - Fidelity references ESG ratings which incorporate consideration of material principal adverse impacts such as carbon emissions, employee safety and bribery and corruption, water management and, for sovereign issued securities, ratings used incorporate consideration of material principal adverse impacts such as carbon emissions, social violations and freedom of expression.
- Exclusions - When investing directly in corporate issuers, the fund applies the Exclusions (as defined below) to help mitigate the principal adverse impacts through excluding harmful sectors and prohibiting investment in issuers that breach international standards, such as the UNGC.
- Engagement - Fidelity uses engagement as a tool to better understand principal adverse impacts and, in some circumstances, advocate for mitigating the principal adverse impacts. Fidelity participates in relevant individual and collaborative engagements that target a number of principal adverse impacts (i.e. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Voting - Fidelity’s voting policy includes explicit minimum standards for board gender diversity and engagement with climate change for corporate issuers. Fidelity may also vote to help mitigate principal adverse impacts.
- Quarterly reviews - monitoring of principal adverse impacts through the fund’s quarterly review process.

Fidelity takes into account specific indicators for each sustainability factor when considering whether investments have a principal adverse impact. These indicators are subject to data availability and may evolve with improving data quality and availability.
Information on principal adverse impacts will be available in the annual report of the fund.
The investment strategy guides investment decisions based on factors such as investments objectives and risk tolerance.

######  What investment strategy does this financial product follow?
A minimum of 50% of the fund’s assets will be invested in securities with favourable ESG characteristics.
Favourable ESG characteristics are determined by reference to ESG ratings provided by external agencies and Fidelity ESG ratings.
Within this investment universe, the investment manager selects stocks through rigorous bottom-up financial analysis and valuation to select stocks with strong investment return potential.
In respect of its direct investments in corporate issuers, the fund is subject to:
- a firm-wide exclusions list, which includes cluster munitions and anti-personnel landmines, and
- a norms-based screening of issuers which the investment manager considers have failed to conduct their business in accordance with international norms, including as set out in the UNGC.

The above exclusions and screens (the “Exclusions”) may be updated from time to time. Please refer to the website for further information Sustainable investing framework(fidelityinternational.com).
The investment manager also has discretion to implement enhanced, stricter sustainable requirements and exclusions from time to time.
What are the binding elements of the investment strategy used to select the investments to attain each of the environmental or social characteristics promoted by this financial product?
The fund will invest:
- a minimum of 50% of its assets in issuers with favourable ESG characteristics,
- a minimum of 10% in sustainable investments of which a minimum of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 1% have a social objective.

In addition, the fund will systematically apply the Exclusions as described above.
What is the committed minimum rate to reduce the scope of the investments considered prior to the application of that investment strategy?
This question is not applicable.
Good governance practices include sound management structures, employee relations, remuneration of staff and tax compliance.
What is the policy to assess good governance practices of the investee companies?
The governance practices of issuers are assessed using fundamental research, including Fidelity ESG ratings, data regarding controversies and UN Global Compact violations.
Key points that are analysed include track record of capital allocation, financial transparency, related party transactions, board independence and size, executive pay, auditors and internal oversight, minority shareholder rights, among other indicators.
Asset allocation describes the share of investments in specific assets.
Taxonomy-aligned activities are expressed as a share of:
- turnover reflecting the share of revenue from green activities of investee companies
- capital expenditure (CapEx) showing the green investments made by investee companies,e.g. for a transition to a green economy.

- operational expenditure (OpEx) reflecting green operational activities of investee companies.

###### 	What is the asset allocation planned for this financial product?
(#1 aligned with E/S characteristics) The fund aims to invest:
- a minimum of 50% of its assets in securities of issuers with favourable ESG characteristics,
- A minimum of 10% in sustainable investments (#1A sustainable) of which a minimum ofof 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 1% have a social objective. The remaining sustainable investments of the fund may have an environmental or social objective.

(#1B Other E/S characteristics) Includes securities of issuers with favourable ESG characteristics but are not sustainable investments.
How does the use of derivatives attain the environmental or social characteristics promoted by the financial product?
Where the security underlying a derivative has favourable ESG characteristics in accordance with Fidelity's Sustainable Investing Framework, the derivative may be included in determining the proportion of the fund dedicated to promotion of environmental or social characteristics.
To what minimum extent are sustainable investments with an environmental objective aligned with the EU Taxonomy?
The fund invests a minimum of 0% in sustainable investments with an environmental objective aligned with the EU Taxonomy.
The compliance of the investments of the fund with the EU Taxonomy will not be subject to an assurance by auditors or a review by third parties.
The EU Taxonomy alignment of the underlying investments of the fund is measured by turnover.
Does the financial product invest in fossil gas and/or nuclear energy-related activities that comply with the EU Taxonomy¹?
- YesNo
- In fossil gas	In nuclear energyWhat is the minimum share of investments in transitional and enabling activities?

The fund invests a minimum of 0% in transitional activities and a minimum of 0% in enabling activities.
What is the minimum share of sustainable investments with an environmental objective that are not aligned with the EU Taxonomy?
The fund invests a minimum of 1% in sustainable investments with an environmental objective that is not aligned with the EU Taxonomy.
Investments could be aligned with the EU Taxonomy but the investment manager is not currently in a position to specify the exact proportion of the fund’s underlying investments which take into account the EU criteria for environmentally sustainable economic activities. However, the position will be kept under review as the underlying rules are finalised and the availability of reliable data increases over time.
¹Fossil gas and/or nuclear related activities will only comply with the EU Taxonomy where they contribute to limiting climate change (“climate change mitigation”) and do not significantly harm any EU Taxonomy objectives - see explanatory note in the left hand margin. The full criteria for fossil gas and nuclear energy economic activities that comply with the EU Taxonomy are laid down in Commission Delegated Regulation (EU) 2022/1214.
What is the minimum share of socially sustainable investments?
The fund invests a minimum of 1% in sustainable investments with a social objective.
What investments are included under “#2 Other”, what is their purpose and are there any minimum environmental or social safeguards?
The remaining investments of the fund will be invested in assets aligned with the financial objective of the fund, cash and cash equivalents for liquidity purposes and derivatives which may be used for investment and efficient portfolio management.
As a minimum environmental and social safeguard, the fund will adhere to the Exclusions.

###### Is a specific index designated as a reference benchmark to determine whether this financial product is aligned with the environmental and/or social characteristics that it promotes?
An index has not been designated as a reference benchmark to determine whether this financial product is aligned with the environmental or social characteristics that it promotes.
Reference benchmarks are indexes to measure whether the financial product attains the environmental or social characteristics that they promote.
How is the reference benchmark continuously aligned with each of the environmental or social characteristics promoted by the financial product?
This question is not applicable.
How is the alignment of the investment strategy with the methodology of the index ensured on a continuous basis?
This question is not applicable.
How does the designated index differ from a relevant broad market index?
This question is not applicable.
Where can the methodology used for the calculation of the designated index be found?
This question is not applicable.

###### 	Where can I find more product specific information online?
More product-specific information can be found on the website: https:/www.fidelity.lu/funds/factsheet/LU0702159772/tab-disclosure#SFDR-disclosure
Further information on the methodologies set out herein is available on the website: Sustainable investing framework (fidelityinternational.com).
Pre-contractual disclosure for the financial products referred to in Article 8, paragraphs 1, 2 and 2a, of Regulation (EU) 2019/2088 and Article 6, first paragraph, of Regulation (EU) 2020/852
Product name:	Legal entity identifier:
Fidelity Funds - Asian Special Situations Fund	5493001KQKB7F558TV86

###### Environmental and/or social characteristics
| Does this financial product have a sustainable investment objective? |
| --- |
|  | - Yes
 |  | No |
| - It will make a minimum of sustainable investments with an environmental objective:%
- in economic activities that qualify as environmentally sustainable under the EU Taxonomy
- in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
- It will make a minimum of sustainable investments with a social objective:%
 | It promotes Environmental/Social (E/S) characteristics and while it does not have as its objective a sustainable investment, it will have a minimum proportion of 10% of sustainable investments - with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomywith an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomywith a social objective
- It promotes E/S characteristics, but will not make any sustainable investments
 |

What environmental and/or social characteristics are promoted by this financial product?
Sustainability indicators measure how the environmental or social characteristics promoted by the financial product are attained.
The fund promotes environmental and social characteristics by investing in securities of issuers with favourable ESG characteristics. Favourable ESG characteristics are determined by reference to ESG ratings. ESG ratings consider environmental characteristics including carbon intensity, carbon emissions, energy efficiency, water and waste management and biodiversity, as well as social characteristics including product safety, supply chain, health and safety and human rights.
The fund partially intends to make sustainable investments.
No reference benchmark has been designated for the purpose of attaining the environmental and social characteristics promoted.
What sustainability indicators are used to measure the attainment of each of the environmental or social characteristics promoted by this financial product?
The fund uses the following sustainability indicators in order to measure the attainment of the environmental or social characteristics that it promotes:
- the percentage of the fund invested in securities of issuers with favourable ESG characteristics in accordance with Fidelity’s Sustainable Investing Framework;
- in respect of its direct investments in corporate issuers, the percentage of the fund invested in securities of issuers with exposure to the Exclusions (defined below);
- the percentage of the fund invested in sustainable investments;
- the percentage of the fund invested in sustainable investments with an environmental objective in economic activities (that do not qualify as environmentally sustainable under the EU Taxonomy); and
- the percentage of the fund invested in sustainable investments with a social objective.

What are the objectives of the sustainable investments that the financial product partially intends to make and how does the sustainable investment contribute to such objectives?
The fund determines a sustainable investment as follows:
- issuers that undertake economic activities that contribute to one or more of the environmental objectives set out in the EU Taxonomy and qualify as environmentally sustainable in accordance with EU Taxonomy; or
- issuers whereby the majority of their business activities (more than 50% of revenue) contribute to environmental or social objectives aligned with one or more of the United Nations Sustainable Development Goals (“SDGs”); or
- issuers which have set a decarbonisation target consistent with a 1.5 degree warming scenario or lower (verified by the Science Based Target Initiative or a Fidelity Proprietary Climate Rating) which would be considered to contribute to environmental objectives;provided they do no significant harm, meet minimum safeguards and good governance criteria.

How do the sustainable investments that the financial product partially intends to make, not cause significant harm to any environmental or social sustainable investment objective?
Sustainable investments are screened for involvement in activities that cause significant harm and controversies, assessed through a check that the issuer meets minimum safeguards and standards that relate to principal adverse impacts (PAIs) as well as performance on PAI metrics. This includes:
- Norms-based screens - the screening out of securities identified under Fidelity’s existing norms-based screens (as set out below);
- Activity-based screens - the screening out of issuers based on their participation in activities with significant negative impacts on society or the environment, including issuers that are considered to have a ‘Very Severe’ controversy using controversy screens, covering
- environmental issues,
- human rights and communities,
- labour rights and supply chain,
- customers,
- governance; and
	- PAI indicators - quantitative data (where available) on PAI indicators is used to evaluate whether an issuer is involved in activities that cause significant harm to any environmental or social objective.


Principal adverse impacts are the most significant negative impacts of investment decisions on sustainability factors relating to environmental, social and employee matters, respect for human rights, anti- corruption and anti- bribery matters.
How have the indicators for adverse impacts on sustainability factors been taken into account?
For sustainable investments, as set out above, Fidelity undertakes a quantitative evaluation to identify issuers with challenging performance on PAI indicators. Issuers with a low score will be ineligible to be ‘sustainable investments’ unless Fidelity’s fundamental research determines that the issuer is not breaching “do no significant harm” requirements, or is on the path to mitigate the adverse impacts through effective management or transition.
How are the sustainable investments aligned with the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights? Details:
Norms-based screens are applied: Issuers identified as failing to behave in a way which meets their fundamental responsibilities in the areas of human rights, labour, environmental and anti-corruption as aligned with international norms including those set out by the OECD Guidelines for Multinational Enterprises, the UN Guiding Principles on Business and Human Rights, the UN Global Compact (UNGC) and the International Labour Organisation (ILO) Conventions, are not considered sustainable investments.
The EU Taxonomy sets out a “do not significant harm” principle by which Taxonomy-aligned investments should not significantly harm EU Taxonomy objectives and is accompanied by specific EU criteria.
The “do no significant harm” principle applies only to those investments underlying the financial product that take into account the EU criteria for environmentally sustainable economic activities. The investments underlying the remaining portion of this financial product do not take into account the EU criteria for environmentally sustainable economic activities.
Any other sustainable investments must also not significantly harm any environmental or social objectives.

###### Does this financial product consider principal adverse impacts on sustainability factors?
Yes
- NoConsideration of the principal adverse impacts on sustainability factors of investment decisions (referred to as principal adverse impacts) is incorporated through a variety of tools, including:
- Due Diligence - analysis of whether impacts on sustainability factors are material and negative.
- ESG rating - Fidelity references ESG ratings which incorporate consideration of material principal adverse impacts such as carbon emissions, employee safety and bribery and corruption, water management and, for sovereign issued securities, ratings used incorporate consideration of material principal adverse impacts such as carbon emissions, social violations and freedom of expression.
- Exclusions - When investing directly in corporate issuers, the fund applies the Exclusions (as defined below) to help mitigate the principal adverse impacts through excluding harmful sectors and prohibiting investment in issuers that breach international standards, such as the UNGC.
- Engagement - Fidelity uses engagement as a tool to better understand principal adverse impacts and, in some circumstances, advocate for mitigating the principal adverse impacts. Fidelity participates in relevant individual and collaborative engagements that target a number of principal adverse impacts (i.e. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Voting - Fidelity’s voting policy includes explicit minimum standards for board gender diversity and engagement with climate change for corporate issuers. Fidelity may also vote to help mitigate principal adverse impacts.
- Quarterly reviews - monitoring of principal adverse impacts through the fund’s quarterly review process.

Fidelity takes into account specific indicators for each sustainability factor when considering whether investments have a principal adverse impact. These indicators are subject to data availability and may evolve with improving data quality and availability.
Information on principal adverse impacts will be available in the annual report of the fund.
The investment strategy guides investment decisions based on factors such as investments objectives and risk tolerance.

######  What investment strategy does this financial product follow?
A minimum of 50% of the fund’s assets will be invested in securities with favourable ESG characteristics.
Favourable ESG characteristics are determined by reference to ESG ratings provided by external agencies and Fidelity ESG ratings.
Within this investment universe, the Investment Manager selects stocks through rigorous bottom-up financial analysis and valuation to select stocks with strong investment return potential.
In respect of its direct investments in corporate issuers, the fund is subject to:
- a firm-wide exclusions list, which includes cluster munitions and anti-personnel landmines, and
- a norms-based screening of issuers which the Investment Manager considers have failed to conduct their business in accordance with international norms, including as set out in the UNGC.

The above exclusions and screens (the “Exclusions”) may be updated from time to time. Please refer to the website for further information Sustainable investing framework(fidelityinternational.com).
The Investment Manager also has discretion to implement enhanced, stricter sustainable requirements and exclusions from time to time.
What are the binding elements of the investment strategy used to select the investments to attain each of the environmental or social characteristics promoted by this financial product?
The fund will invest:
- a minimum of 50% of its assets in issuers with favourable ESG characteristics,
- a minimum of 10% in sustainable investments of which a minimum of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 2% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 5% have a social objective.

In addition, the fund will systematically apply the Exclusions as described above.
What is the committed minimum rate to reduce the scope of the investments considered prior to the application of that investment strategy?
This question is not applicable.
Good governance practices include sound management structures, employee relations, remuneration of staff and tax compliance.
What is the policy to assess good governance practices of the investee companies?
The governance practices of issuers are assessed using fundamental research, including Fidelity ESG ratings, data regarding controversies and UN Global Compact violations.
Key points that are analysed include track record of capital allocation, financial transparency, related party transactions, board independence and size, executive pay, auditors and internal oversight, minority shareholder rights, among other indicators.
Asset allocation describes the share of investments in specific assets.
Taxonomy-aligned activities are expressed as a share of:
- turnover reflecting the share of revenue from green activities of investee companies
- capital expenditure (CapEx) showing the green investments made by investee companies,e.g. for a transition to a green economy.

- operational expenditure (OpEx) reflecting green operational activities of investee companies.

###### 	What is the asset allocation planned for this financial product?
(#1 Aligned with E/S characteristics) The fund aims to invest:
- a minimum of 50% of its assets in securities of issuers with favourable ESG characteristics,
- A minimum of 10% of its assets in sustainable investments (#1A sustainable) of whicha minimum of of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 2% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 5% have a social objective. The remaining sustainable investments of the fund may have an environmental or social objective.

(#1B Other E/S characteristics) Includes securities of issuers with favourable ESG characteristics but are not sustainable investments.
How does the use of derivatives attain the environmental or social characteristics promoted by the financial product?
Where the security underlying a derivative has favourable ESG characteristics in accordance with Fidelity's Sustainable Investing Framework, the derivative may be included in determining the proportion of the fund dedicated to promotion of environmental or social characteristics.
To what minimum extent are sustainable investments with an environmental objective aligned with the EU Taxonomy?
The fund invests a minimum of 0% in sustainable investments with an environmental objective aligned with the EU Taxonomy.
The compliance of the investments of the fund with the EU Taxonomy will not be subject to an assurance by auditors or a review by third parties.
The EU Taxonomy alignment of the underlying investments of the fund is measured by turnover.
Does the financial product invest in fossil gas and/or nuclear energy-related activities that comply with the EU Taxonomy¹?
- YesNo
- In fossil gas	In nuclear energyWhat is the minimum share of investments in transitional and enabling activities?

The fund invests a minimum of 0% in transitional activities and a minimum of 0% in enabling activities.
What is the minimum share of sustainable investments with an environmental objective that are not aligned with the EU Taxonomy?
The fund invests a minimum of 2% in sustainable investments with an environmental objective that is not aligned with the EU Taxonomy.
Investments could be aligned with the EU Taxonomy but the Investment Manager is not currently in a position to specify the exact proportion of the fund’s underlying investments which take into account the EU criteria for environmentally sustainable economic activities. However, the position will be kept under review as the underlying rules are finalised and the availability of reliable data increases over time.
¹Fossil gas and/or nuclear related activities will only comply with the EU Taxonomy where they contribute to limiting climate change (“climate change mitigation”) and do not significantly harm any EU Taxonomy objectives - see explanatory note in the left hand margin. The full criteria for fossil gas and nuclear energy economic activities that comply with the EU Taxonomy are laid down in Commission Delegated Regulation (EU) 2022/1214.
What is the minimum share of socially sustainable investments?
The fund invests a minimum of 5% in sustainable investments with a social objective.
What investments are included under “#2 Other”, what is their purpose and are there any minimum environmental or social safeguards?
The remaining investments of the fund will be invested in assets aligned with the financial objective of the fund, cash and cash equivalents for liquidity purposes and derivatives which may be used for investment and efficient portfolio management.
As a minimum environmental and social safeguard, the fund will adhere to the Exclusions.

###### Is a specific index designated as a reference benchmark to determine whether this financial product is aligned with the environmental and/or social characteristics that it promotes?
An index has not been designated as a reference benchmark to determine whether this financial product is aligned with the environmental or social characteristics that it promotes.
Reference benchmarks are indexes to measure whether the financial product attains the environmental or social characteristics that they promote.
How is the reference benchmark continuously aligned with each of the environmental or social characteristics promoted by the financial product?
This question is not applicable.
How is the alignment of the investment strategy with the methodology of the index ensured on a continuous basis?
This question is not applicable.
How does the designated index differ from a relevant broad market index?
This question is not applicable.
Where can the methodology used for the calculation of the designated index be found?
This question is not applicable.

###### 	Where can I find more product specific information online?
More product-specific information can be found on the website: https:/www.fidelity.lu/funds/factsheet/LU0413542167/tab-disclosure#SFDR-disclosure. 
Further information on the methodologies set out herein is available on the website: Sustainable investing framework (fidelityinternational.com).
Pre-contractual disclosure for the financial products referred to in Article 8, paragraphs 1, 2 and 2a, of Regulation (EU) 2019/2088 and Article 6, first paragraph, of Regulation (EU) 2020/852
Product name:	Legal entity identifier:
Fidelity Funds - Japan Growth Fund	549300HZWG6GBKD16L77

###### Environmental and/or social characteristics
| Does this financial product have a sustainable investment objective? |
| --- |
|  | - Yes
 |  | No |
| - It will make a minimum of sustainable investments with an environmental objective:%
- in economic activities that qualify as environmentally sustainable under the EU Taxonomy
- in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
- It will make a minimum of sustainable investments with a social objective:%
 | It promotes Environmental/Social (E/S) characteristics and while it does not have as its objective a sustainable investment, it will have a minimum proportion of 10% of sustainable investments - with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomywith an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomywith a social objective
- It promotes E/S characteristics, but will not make any sustainable investments
 |

What environmental and/or social characteristics are promoted by this financial product?
Sustainability indicators measure how the environmental or social characteristics promoted by the financial product are attained.
The fund promotes environmental and social characteristics by investing in securities of issuers with favourable ESG characteristics. Favourable ESG characteristics are determined by reference to ESG ratings. ESG ratings consider environmental characteristics including carbon intensity, carbon emissions, energy efficiency, water and waste management and biodiversity, as well as social characteristics including product safety, supply chain, health and safety and human rights.
The fund partially intends to make sustainable investments.
No reference benchmark has been designated for the purpose of attaining the environmental and social characteristics promoted.
What sustainability indicators are used to measure the attainment of each of the environmental or social characteristics promoted by this financial product?
The fund uses the following sustainability indicators in order to measure the attainment of the environmental or social characteristics that it promotes:
- the percentage of the fund invested in securities of issuers with favourable ESG characteristics in accordance with Fidelity’s Sustainable Investing Framework;
- in respect of its direct investments in corporate issuers, the percentage of the fund invested in securities of issuers with exposure to the Exclusions (defined below);
- the percentage of the fund invested in sustainable investments;
- the percentage of the fund invested in sustainable investments with an environmental objective in economic activities (that do not qualify as environmentally sustainable under the EU Taxonomy); and
- the percentage of the fund invested in sustainable investments with a social objective.

What are the objectives of the sustainable investments that the financial product partially intends to make and how does the sustainable investment contribute to such objectives?
The fund determines a sustainable investment as follows:
- issuers that undertake economic activities that contribute to one or more of the environmental objectives set out in the EU Taxonomy and qualify as environmentally sustainable in accordance with EU Taxonomy; or
- issuers whereby the majority of their business activities (more than 50% of revenue) contribute to environmental or social objectives aligned with one or more of the United Nations Sustainable Development Goals (“SDGs”); or
- issuers which have set a decarbonisation target consistent with a 1.5 degree warming scenario or lower (verified by the Science Based Target Initiative or a Fidelity Proprietary Climate Rating) which would be considered to contribute to environmental objectives;provided they do no significant harm, meet minimum safeguards and good governance criteria.

How do the sustainable investments that the financial product partially intends to make, not cause significant harm to any environmental or social sustainable investment objective?
Sustainable investments are screened for involvement in activities that cause significant harm and controversies, assessed through a check that the issuer meets minimum safeguards and standards that relate to principal adverse impacts (PAIs) as well as performance on PAI metrics. This includes:
- Norms-based screens - the screening out of securities identified under Fidelity’s existing norms-based screens (as set out below);
- Activity-based screens - the screening out of issuers based on their participation in activities with significant negative impacts on society or the environment, including issuers that are considered to have a ‘Very Severe’ controversy using controversy screens, covering
- environmental issues,
- human rights and communities,
- labour rights and supply chain,
- customers,
- governance; and
	- PAI indicators - quantitative data (where available) on PAI indicators is used to evaluate whether an issuer is involved in activities that cause significant harm to any environmental or social objective.


Principal adverse impacts are the most significant negative impacts of investment decisions on sustainability factors relating to environmental, social and employee matters, respect for human rights, anti- corruption and anti- bribery matters.
How have the indicators for adverse impacts on sustainability factors been taken into account?
For sustainable investments, as set out above, Fidelity undertakes a quantitative evaluation to identify issuers with challenging performance on PAI indicators. Issuers with a low score will be ineligible to be ‘sustainable investments’ unless Fidelity’s fundamental research determines that the issuer is not breaching “do no significant harm” requirements, or is on the path to mitigate the adverse impacts through effective management or transition.
How are the sustainable investments aligned with the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights? Details:
Norms-based screens are applied: Issuers identified as failing to behave in a way which meets their fundamental responsibilities in the areas of human rights, labour, environmental and anti-corruption as aligned with international norms including those set out by the OECD Guidelines for Multinational Enterprises, the UN Guiding Principles on Business and Human Rights, the UN Global Compact (UNGC) and the International Labour Organisation (ILO) Conventions, are not considered sustainable investments.
The EU Taxonomy sets out a “do not significant harm” principle by which Taxonomy-aligned investments should not significantly harm EU Taxonomy objectives and is accompanied by specific EU criteria.
The “do no significant harm” principle applies only to those investments underlying the financial product that take into account the EU criteria for environmentally sustainable economic activities. The investments underlying the remaining portion of this financial product do not take into account the EU criteria for environmentally sustainable economic activities.
Any other sustainable investments must also not significantly harm any environmental or social objectives.

###### Does this financial product consider principal adverse impacts on sustainability factors?
Yes
- NoConsideration of the principal adverse impacts on sustainability factors of investment decisions (referred to as principal adverse impacts) is incorporated through a variety of tools, including:
- Due Diligence - analysis of whether impacts on sustainability factors are material and negative.
- ESG rating - Fidelity references ESG ratings which incorporate consideration of material principal adverse impacts such as carbon emissions, employee safety and bribery and corruption, water management and, for sovereign issued securities, ratings used incorporate consideration of material principal adverse impacts such as carbon emissions, social violations and freedom of expression.
- Exclusions - When investing directly in corporate issuers, the fund applies the Exclusions (as defined below) to help mitigate the principal adverse impacts through excluding harmful sectors and prohibiting investment in issuers that breach international standards, such as the UNGC.
- Engagement - Fidelity uses engagement as a tool to better understand principal adverse impacts and, in some circumstances, advocate for mitigating the principal adverse impacts. Fidelity participates in relevant individual and collaborative engagements that target a number of principal adverse impacts (i.e. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Voting - Fidelity’s voting policy includes explicit minimum standards for board gender diversity and engagement with climate change for corporate issuers. Fidelity may also vote to help mitigate principal adverse impacts.
- Quarterly reviews - monitoring of principal adverse impacts through the fund’s quarterly review process.

Fidelity takes into account specific indicators for each sustainability factor when considering whether investments have a principal adverse impact. These indicators are subject to data availability and may evolve with improving data quality and availability.
Information on principal adverse impacts will be available in the annual report of the fund.
The investment strategy guides investment decisions based on factors such as investments objectives and risk tolerance.

######  What investment strategy does this financial product follow?
A minimum of 50% of the fund’s assets will be invested in securities with favourable ESG characteristics.
Favourable ESG characteristics are determined by reference to ESG ratings provided by external agencies and Fidelity ESG ratings.
Within this investment universe, the investment manager selects stocks through rigorous bottom-up financial analysis and valuation to select stocks with strong investment return potential.
In respect of its direct investments in corporate issuers, the fund is subject to:
- a firm-wide exclusions list, which includes cluster munitions and anti-personnel landmines, and
- a norms-based screening of issuers which the investment manager considers have failed to conduct their business in accordance with international norms, including as set out in the UNGC.

The above exclusions and screens (the “Exclusions”) may be updated from time to time. Please refer to the website for further information Sustainable investing framework(fidelityinternational.com).
The investment manager also has discretion to implement enhanced, stricter sustainable requirements and exclusions from time to time.
What are the binding elements of the investment strategy used to select the investments to attain each of the environmental or social characteristics promoted by this financial product?
The fund will invest:
- a minimum of 50% of its assets in issuers with favourable ESG characteristics,
- a minimum of 10% in sustainable investments of which a minimum of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 1% have a social objective.

In addition, the fund will systematically apply the Exclusions as described above.
What is the committed minimum rate to reduce the scope of the investments considered prior to the application of that investment strategy?
This question is not applicable.
Good governance practices include sound management structures, employee relations, remuneration of staff and tax compliance.
What is the policy to assess good governance practices of the investee companies?
The governance practices of issuers are assessed using fundamental research, including Fidelity ESG ratings, data regarding controversies and UN Global Compact violations.
Key points that are analysed include track record of capital allocation, financial transparency, related party transactions, board independence and size, executive pay, auditors and internal oversight, minority shareholder rights, among other indicators.
Asset allocation describes the share of investments in specific assets.
Taxonomy-aligned activities are expressed as a share of:
- turnover reflecting the share of revenue from green activities of investee companies
- capital expenditure (CapEx) showing the green investments made by investee companies,e.g. for a transition to a green economy.

- operational expenditure (OpEx) reflecting green operational activities of investee companies.

###### 	What is the asset allocation planned for this financial product?
(#1 aligned with E/S characteristics) The fund aims to invest:
- a minimum of 50% of its assets in securities of issuers with favourable ESG characteristics,
- A minimum of 10% in sustainable investments (#1A sustainable) of which a minimum ofof 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 1% have a social objective. The remaining sustainable investments of the fund may have an environmental or social objective.

(#1B Other E/S characteristics) Includes securities of issuers with favourable ESG characteristics but are not sustainable investments.
How does the use of derivatives attain the environmental or social characteristics promoted by the financial product?
Where the security underlying a derivative has favourable ESG characteristics in accordance with Fidelity's Sustainable Investing Framework, the derivative may be included in determining the proportion of the fund dedicated to promotion of environmental or social characteristics.
To what minimum extent are sustainable investments with an environmental objective aligned with the EU Taxonomy?
The fund invests a minimum of 0% in sustainable investments with an environmental objective aligned with the EU Taxonomy.
The compliance of the investments of the fund with the EU Taxonomy will not be subject to an assurance by auditors or a review by third parties.
The EU Taxonomy alignment of the underlying investments of the fund is measured by turnover.
Does the financial product invest in fossil gas and/or nuclear energy-related activities that comply with the EU Taxonomy¹?
- YesNo
- In fossil gas	In nuclear energyWhat is the minimum share of investments in transitional and enabling activities?

The fund invests a minimum of 0% in transitional activities and a minimum of 0% in enabling activities.
What is the minimum share of sustainable investments with an environmental objective that are not aligned with the EU Taxonomy?
The fund invests a minimum of 1% in sustainable investments with an environmental objective that is not aligned with the EU Taxonomy.
Investments could be aligned with the EU Taxonomy but the investment manager is not currently in a position to specify the exact proportion of the fund’s underlying investments which take into account the EU criteria for environmentally sustainable economic activities. However, the position will be kept under review as the underlying rules are finalised and the availability of reliable data increases over time.
¹Fossil gas and/or nuclear related activities will only comply with the EU Taxonomy where they contribute to limiting climate change (“climate change mitigation”) and do not significantly harm any EU Taxonomy objectives - see explanatory note in the left hand margin. The full criteria for fossil gas and nuclear energy economic activities that comply with the EU Taxonomy are laid down in Commission Delegated Regulation (EU) 2022/1214.
What is the minimum share of socially sustainable investments?
The fund invests a minimum of 1% in sustainable investments with a social objective.
What investments are included under “#2 Other”, what is their purpose and are there any minimum environmental or social safeguards?
The remaining investments of the fund will be invested in assets aligned with the financial objective of the fund, cash and cash equivalents for liquidity purposes and derivatives which may be used for investment and efficient portfolio management.
As a minimum environmental and social safeguard, the fund will adhere to the Exclusions.

###### Is a specific index designated as a reference benchmark to determine whether this financial product is aligned with the environmental and/or social characteristics that it promotes?
An index has not been designated as a reference benchmark to determine whether this financial product is aligned with the environmental or social characteristics that it promotes.
Reference benchmarks are indexes to measure whether the financial product attains the environmental or social characteristics that they promote.
How is the reference benchmark continuously aligned with each of the environmental or social characteristics promoted by the financial product?
This question is not applicable.
How is the alignment of the investment strategy with the methodology of the index ensured on a continuous basis?
This question is not applicable.
How does the designated index differ from a relevant broad market index?
This question is not applicable.
Where can the methodology used for the calculation of the designated index be found?
This question is not applicable.

###### 	Where can I find more product specific information online?
More product-specific information can be found on the website: https:/www.fidelity.lu/funds/factsheet/LU1060955314/tab-disclosure#SFDR-disclosure
Further information on the methodologies set out herein is available on the website: Sustainable investing framework (fidelityinternational.com).
Pre-contractual disclosure for the financial products referred to in Article 8, paragraphs 1, 2 and 2a, of Regulation (EU) 2019/2088 and Article 6, first paragraph, of Regulation (EU) 2020/852
Product name:	Legal entity identifier:
Fidelity Funds - Japan Value Fund	549300BQU6C0TTJ53P05

###### Environmental and/or social characteristics
| Does this financial product have a sustainable investment objective? |
| --- |
|  | - Yes
 |  | No |
| - It will make a minimum of sustainable investments with an environmental objective:%
- in economic activities that qualify as environmentally sustainable under the EU Taxonomy
- in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
- It will make a minimum of sustainable investments with a social objective:%
 | It promotes Environmental/Social (E/S) characteristics and while it does not have as its objective a sustainable investment, it will have a minimum proportion of 10% of sustainable investments - with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomywith an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomywith a social objective
- It promotes E/S characteristics, but will not make any sustainable investments
 |

What environmental and/or social characteristics are promoted by this financial product?
Sustainability indicators measure how the environmental or social characteristics promoted by the financial product are attained.
The fund promotes environmental and social characteristics by investing in securities of issuers with favourable ESG characteristics. Favourable ESG characteristics are determined by reference to ESG ratings. ESG ratings consider environmental characteristics including carbon intensity, carbon emissions, energy efficiency, water and waste management and biodiversity, as well as social characteristics including product safety, supply chain, health and safety and human rights.
The fund partially intends to make sustainable investments.
No reference benchmark has been designated for the purpose of attaining the environmental and social characteristics promoted.
What sustainability indicators are used to measure the attainment of each of the environmental or social characteristics promoted by this financial product?
The fund uses the following sustainability indicators in order to measure the attainment of the environmental or social characteristics that it promotes:
- the percentage of the fund invested in securities of issuers with favourable ESG characteristics in accordance with Fidelity’s Sustainable Investing Framework;
- in respect of its direct investments in corporate issuers, the percentage of the fund invested in securities of issuers with exposure to the Exclusions (defined below);
- the percentage of the fund invested in sustainable investments;
- the percentage of the fund invested in sustainable investments with an environmental objective in economic activities (that do not qualify as environmentally sustainable under the EU Taxonomy); and
- the percentage of the fund invested in sustainable investments with a social objective.

What are the objectives of the sustainable investments that the financial product partially intends to make and how does the sustainable investment contribute to such objectives?
The fund determines a sustainable investment as follows:
- issuers that undertake economic activities that contribute to one or more of the environmental objectives set out in the EU Taxonomy and qualify as environmentally sustainable in accordance with EU Taxonomy; or
- issuers whereby the majority of their business activities (more than 50% of revenue) contribute to environmental or social objectives aligned with one or more of the United Nations Sustainable Development Goals (“SDGs”); or
- issuers which have set a decarbonisation target consistent with a 1.5 degree warming scenario or lower (verified by the Science Based Target Initiative or a Fidelity Proprietary Climate Rating) which would be considered to contribute to environmental objectives;provided they do no significant harm, meet minimum safeguards and good governance criteria.

How do the sustainable investments that the financial product partially intends to make, not cause significant harm to any environmental or social sustainable investment objective?
Sustainable investments are screened for involvement in activities that cause significant harm and controversies, assessed through a check that the issuer meets minimum safeguards and standards that relate to principal adverse impacts (PAIs) as well as performance on PAI metrics. This includes:
- Norms-based screens - the screening out of securities identified under Fidelity’s existing norms-based screens (as set out below);
- Activity-based screens - the screening out of issuers based on their participation in activities with significant negative impacts on society or the environment, including issuers that are considered to have a ‘Very Severe’ controversy using controversy screens, covering
- environmental issues,
- human rights and communities,
- labour rights and supply chain,
- customers,
- governance; and
	- PAI indicators - quantitative data (where available) on PAI indicators is used to evaluate whether an issuer is involved in activities that cause significant harm to any environmental or social objective.


Principal adverse impacts are the most significant negative impacts of investment decisions on sustainability factors relating to environmental, social and employee matters, respect for human rights, anti- corruption and anti- bribery matters.
How have the indicators for adverse impacts on sustainability factors been taken into account?
For sustainable investments, as set out above, Fidelity undertakes a quantitative evaluation to identify issuers with challenging performance on PAI indicators. Issuers with a low score will be ineligible to be ‘sustainable investments’ unless Fidelity’s fundamental research determines that the issuer is not breaching “do no significant harm” requirements, or is on the path to mitigate the adverse impacts through effective management or transition.
How are the sustainable investments aligned with the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights? Details:
Norms-based screens are applied: Issuers identified as failing to behave in a way which meets their fundamental responsibilities in the areas of human rights, labour, environmental and anti-corruption as aligned with international norms including those set out by the OECD Guidelines for Multinational Enterprises, the UN Guiding Principles on Business and Human Rights, the UN Global Compact (UNGC) and the International Labour Organisation (ILO) Conventions, are not considered sustainable investments.
The EU Taxonomy sets out a “do not significant harm” principle by which Taxonomy-aligned investments should not significantly harm EU Taxonomy objectives and is accompanied by specific EU criteria.
The “do no significant harm” principle applies only to those investments underlying the financial product that take into account the EU criteria for environmentally sustainable economic activities. The investments underlying the remaining portion of this financial product do not take into account the EU criteria for environmentally sustainable economic activities.
Any other sustainable investments must also not significantly harm any environmental or social objectives.

###### Does this financial product consider principal adverse impacts on sustainability factors?
Yes
- NoConsideration of the principal adverse impacts on sustainability factors of investment decisions (referred to as principal adverse impacts) is incorporated through a variety of tools, including:
- Due Diligence - analysis of whether impacts on sustainability factors are material and negative.
- ESG rating - Fidelity references ESG ratings which incorporate consideration of material principal adverse impacts such as carbon emissions, employee safety and bribery and corruption, water management and, for sovereign issued securities, ratings used incorporate consideration of material principal adverse impacts such as carbon emissions, social violations and freedom of expression.
- Exclusions - When investing directly in corporate issuers, the fund applies the Exclusions (as defined below) to help mitigate the principal adverse impacts through excluding harmful sectors and prohibiting investment in issuers that breach international standards, such as the UNGC.
- Engagement - Fidelity uses engagement as a tool to better understand principal adverse impacts and, in some circumstances, advocate for mitigating the principal adverse impacts. Fidelity participates in relevant individual and collaborative engagements that target a number of principal adverse impacts (i.e. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Voting - Fidelity’s voting policy includes explicit minimum standards for board gender diversity and engagement with climate change for corporate issuers. Fidelity may also vote to help mitigate principal adverse impacts.
- Quarterly reviews - monitoring of principal adverse impacts through the fund’s quarterly review process.

Fidelity takes into account specific indicators for each sustainability factor when considering whether investments have a principal adverse impact. These indicators are subject to data availability and may evolve with improving data quality and availability.
Information on principal adverse impacts will be available in the annual report of the fund.
The investment strategy guides investment decisions based on factors such as investments objectives and risk tolerance.

######  What investment strategy does this financial product follow?
A minimum of 50% of the fund’s assets will be invested in securities with favourable ESG characteristics.
Favourable ESG characteristics are determined by reference to ESG ratings provided by external agencies and Fidelity ESG ratings.
Within this investment universe, the investment manager selects stocks through rigorous bottom-up financial analysis and valuation to select stocks with strong investment return potential.
In respect of its direct investments in corporate issuers, the fund is subject to:
- a firm-wide exclusions list, which includes cluster munitions and anti-personnel landmines, and
- a norms-based screening of issuers which the investment manager considers have failed to conduct their business in accordance with international norms, including as set out in the UNGC.

The above exclusions and screens (the “Exclusions”) may be updated from time to time. Please refer to the website for further information Sustainable investing framework(fidelityinternational.com).
The investment manager also has discretion to implement enhanced, stricter sustainable requirements and exclusions from time to time.
What are the binding elements of the investment strategy used to select the investments to attain each of the environmental or social characteristics promoted by this financial product?
The fund will invest:
- a minimum of 50% of its assets in issuers with favourable ESG characteristics,
- a minimum of 10% in sustainable investments of which a minimum of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 1% have a social objective.

In addition, the fund will systematically apply the Exclusions as described above.
What is the committed minimum rate to reduce the scope of the investments considered prior to the application of that investment strategy?
This question is not applicable.
Good governance practices include sound management structures, employee relations, remuneration of staff and tax compliance.
What is the policy to assess good governance practices of the investee companies?
The governance practices of issuers are assessed using fundamental research, including Fidelity ESG ratings, data regarding controversies and UN Global Compact violations.
Key points that are analysed include track record of capital allocation, financial transparency, related party transactions, board independence and size, executive pay, auditors and internal oversight, minority shareholder rights, among other indicators.
Asset allocation describes the share of investments in specific assets.
Taxonomy-aligned activities are expressed as a share of:
- turnover reflecting the share of revenue from green activities of investee companies
- capital expenditure (CapEx) showing the green investments made by investee companies,e.g. for a transition to a green economy.

- operational expenditure (OpEx) reflecting green operational activities of investee companies.

###### 	What is the asset allocation planned for this financial product?
(#1 aligned with E/S characteristics) The fund aims to invest:
- a minimum of 50% of its assets in securities of issuers with favourable ESG characteristics,
- A minimum of 10% in sustainable investments (#1A sustainable) of which a minimum ofof 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 1% have a social objective. The remaining sustainable investments of the fund may have an environmental or social objective.

(#1B Other E/S characteristics) Includes securities of issuers with favourable ESG characteristics but are not sustainable investments.
How does the use of derivatives attain the environmental or social characteristics promoted by the financial product?
Where the security underlying a derivative has favourable ESG characteristics in accordance with Fidelity's Sustainable Investing Framework, the derivative may be included in determining the proportion of the fund dedicated to promotion of environmental or social characteristics.
To what minimum extent are sustainable investments with an environmental objective aligned with the EU Taxonomy?
The fund invests a minimum of 0% in sustainable investments with an environmental objective aligned with the EU Taxonomy.
The compliance of the investments of the fund with the EU Taxonomy will not be subject to an assurance by auditors or a review by third parties.
The EU Taxonomy alignment of the underlying investments of the fund is measured by turnover.
Does the financial product invest in fossil gas and/or nuclear energy-related activities that comply with the EU Taxonomy¹?
- YesNo
- In fossil gas	In nuclear energyWhat is the minimum share of investments in transitional and enabling activities?

The fund invests a minimum of 0% in transitional activities and a minimum of 0% in enabling activities.
What is the minimum share of sustainable investments with an environmental objective that are not aligned with the EU Taxonomy?
The fund invests a minimum of 1% in sustainable investments with an environmental objective that is not aligned with the EU Taxonomy.
Investments could be aligned with the EU Taxonomy but the investment manager is not currently in a position to specify the exact proportion of the fund’s underlying investments which take into account the EU criteria for environmentally sustainable economic activities. However, the position will be kept under review as the underlying rules are finalised and the availability of reliable data increases over time.
¹Fossil gas and/or nuclear related activities will only comply with the EU Taxonomy where they contribute to limiting climate change (“climate change mitigation”) and do not significantly harm any EU Taxonomy objectives - see explanatory note in the left hand margin. The full criteria for fossil gas and nuclear energy economic activities that comply with the EU Taxonomy are laid down in Commission Delegated Regulation (EU) 2022/1214.
What is the minimum share of socially sustainable investments?
The fund invests a minimum of 1% in sustainable investments with a social objective.
What investments are included under “#2 Other”, what is their purpose and are there any minimum environmental or social safeguards?
The remaining investments of the fund will be invested in assets aligned with the financial objective of the fund, cash and cash equivalents for liquidity purposes and derivatives which may be used for investment and efficient portfolio management.
As a minimum environmental and social safeguard, the fund will adhere to the Exclusions.

###### Is a specific index designated as a reference benchmark to determine whether this financial product is aligned with the environmental and/or social characteristics that it promotes?
An index has not been designated as a reference benchmark to determine whether this financial product is aligned with the environmental or social characteristics that it promotes.
Reference benchmarks are indexes to measure whether the financial product attains the environmental or social characteristics that they promote.
How is the reference benchmark continuously aligned with each of the environmental or social characteristics promoted by the financial product?
This question is not applicable.
How is the alignment of the investment strategy with the methodology of the index ensured on a continuous basis?
This question is not applicable.
How does the designated index differ from a relevant broad market index?
This question is not applicable.
Where can the methodology used for the calculation of the designated index be found?
This question is not applicable.

###### 	Where can I find more product specific information online?
More product-specific information can be found on the website: https:/www.fidelity.lu/funds/factsheet/LU0413543058/tab-disclosure#SFDR-disclosure
Further information on the methodologies set out herein is available on the website: Sustainable investing framework (fidelityinternational.com).
Pre-contractual disclosure for the financial products referred to in Article 8, paragraphs 1, 2 and 2a, of Regulation (EU) 2019/2088 and Article 6, first paragraph, of Regulation (EU) 2020/852
Product name:	Legal entity identifier:
Fidelity Funds - Pacific Fund	549300VW1XD85M3GUB26

###### Environmental and/or social characteristics
| Does this financial product have a sustainable investment objective? |
| --- |
|  | - Yes
 |  | No |
| - It will make a minimum of sustainable investments with an environmental objective:%
- in economic activities that qualify as environmentally sustainable under the EU Taxonomy
- in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
- It will make a minimum of sustainable investments with a social objective:%
 | It promotes Environmental/Social (E/S) characteristics and while it does not have as its objective a sustainable investment, it will have a minimum proportion of 5% of sustainable investments - with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomywith an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomywith a social objective
- It promotes E/S characteristics, but will not make any sustainable investments
 |

What environmental and/or social characteristics are promoted by this financial product?
Sustainability indicators measure how the environmental or social characteristics promoted by the financial product are attained.
The fund promotes environmental and social characteristics by investing in securities of issuers with favourable ESG characteristics. Favourable ESG characteristics are determined by reference to ESG ratings. ESG ratings consider environmental characteristics including carbon intensity, carbon emissions, energy efficiency, water and waste management and biodiversity, as well as social characteristics including product safety, supply chain, health and safety and human rights.
The fund partially intends to make sustainable investments.
No reference benchmark has been designated for the purpose of attaining the environmental and social characteristics promoted.
What sustainability indicators are used to measure the attainment of each of the environmental or social characteristics promoted by this financial product?
The fund uses the following sustainability indicators in order to measure the attainment of the environmental or social characteristics that it promotes:
- the percentage of the fund invested in securities of issuers with favourable ESG characteristics in accordance with Fidelity’s Sustainable Investing Framework;
- in respect of its direct investments in corporate issuers, the percentage of the fund invested in securities of issuers with exposure to the Exclusions (defined below);
- the percentage of the fund invested in sustainable investments;
- the percentage of the fund invested in sustainable investments with an environmental objective in economic activities (that do not qualify as environmentally sustainable under the EU Taxonomy); and
- the percentage of the fund invested in sustainable investments with a social objective.

What are the objectives of the sustainable investments that the financial product partially intends to make and how does the sustainable investment contribute to such objectives?
The fund determines a sustainable investment as follows:
- issuers that undertake economic activities that contribute to one or more of the environmental objectives set out in the EU Taxonomy and qualify as environmentally sustainable in accordance with EU Taxonomy; or
- issuers whereby the majority of their business activities (more than 50% of revenue) contribute to environmental or social objectives aligned with one or more of the United Nations Sustainable Development Goals (“SDGs”); or
- issuers which have set a decarbonisation target consistent with a 1.5 degree warming scenario or lower (verified by the Science Based Target Initiative or a Fidelity Proprietary Climate Rating) which would be considered to contribute to environmental objectives;provided they do no significant harm, meet minimum safeguards and good governance criteria.

How do the sustainable investments that the financial product partially intends to make, not cause significant harm to any environmental or social sustainable investment objective?
Sustainable investments are screened for involvement in activities that cause significant harm and controversies, assessed through a check that the issuer meets minimum safeguards and standards that relate to principal adverse impacts (PAIs) as well as performance on PAI metrics. This includes:
- Norms-based screens - the screening out of securities identified under Fidelity’s existing norms-based screens (as set out below);
- Activity-based screens - the screening out of issuers based on their participation in activities with significant negative impacts on society or the environment, including issuers that are considered to have a ‘Very Severe’ controversy using controversy screens, covering
- environmental issues,
- human rights and communities,
- labour rights and supply chain,
- customers,
- governance; and
	- PAI indicators - quantitative data (where available) on PAI indicators is used to evaluate whether an issuer is involved in activities that cause significant harm to any environmental or social objective.


Principal adverse impacts are the most significant negative impacts of investment decisions on sustainability factors relating to environmental, social and employee matters, respect for human rights, anti- corruption and anti- bribery matters.
How have the indicators for adverse impacts on sustainability factors been taken into account?
For sustainable investments, as set out above, Fidelity undertakes a quantitative evaluation to identify issuers with challenging performance on PAI indicators. Issuers with a low score will be ineligible to be ‘sustainable investments’ unless Fidelity’s fundamental research determines that the issuer is not breaching “do no significant harm” requirements, or is on the path to mitigate the adverse impacts through effective management or transition.
How are the sustainable investments aligned with the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights? Details:
Norms-based screens are applied: Issuers identified as failing to behave in a way which meets their fundamental responsibilities in the areas of human rights, labour, environmental and anti-corruption as aligned with international norms including those set out by the OECD Guidelines for Multinational Enterprises, the UN Guiding Principles on Business and Human Rights, the UN Global Compact (UNGC) and the International Labour Organisation (ILO) Conventions, are not considered sustainable investments.
The EU Taxonomy sets out a “do not significant harm” principle by which Taxonomy-aligned investments should not significantly harm EU Taxonomy objectives and is accompanied by specific EU criteria.
The “do no significant harm” principle applies only to those investments underlying the financial product that take into account the EU criteria for environmentally sustainable economic activities. The investments underlying the remaining portion of this financial product do not take into account the EU criteria for environmentally sustainable economic activities.
Any other sustainable investments must also not significantly harm any environmental or social objectives.

###### Does this financial product consider principal adverse impacts on sustainability factors?
Yes
- NoConsideration of the principal adverse impacts on sustainability factors of investment decisions (referred to as principal adverse impacts) is incorporated through a variety of tools, including:
- Due Diligence - analysis of whether impacts on sustainability factors are material and negative.
- ESG rating - Fidelity references ESG ratings which incorporate consideration of material principal adverse impacts such as carbon emissions, employee safety and bribery and corruption, water management and, for sovereign issued securities, ratings used incorporate consideration of material principal adverse impacts such as carbon emissions, social violations and freedom of expression.
- Exclusions - When investing directly in corporate issuers, the fund applies the Exclusions (as defined below) to help mitigate the principal adverse impacts through excluding harmful sectors and prohibiting investment in issuers that breach international standards, such as the UNGC.
- Engagement - Fidelity uses engagement as a tool to better understand principal adverse impacts and, in some circumstances, advocate for mitigating the principal adverse impacts. Fidelity participates in relevant individual and collaborative engagements that target a number of principal adverse impacts (i.e. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Voting - Fidelity’s voting policy includes explicit minimum standards for board gender diversity and engagement with climate change for corporate issuers. Fidelity may also vote to help mitigate principal adverse impacts.
- Quarterly reviews - monitoring of principal adverse impacts through the fund’s quarterly review process.

Fidelity takes into account specific indicators for each sustainability factor when considering whether investments have a principal adverse impact. These indicators are subject to data availability and may evolve with improving data quality and availability.
Information on principal adverse impacts will be available in the annual report of the fund.
The investment strategy guides investment decisions based on factors such as investments objectives and risk tolerance.

######  What investment strategy does this financial product follow?
A minimum of 50% of the fund’s assets will be invested in securities with favourable ESG characteristics.
Favourable ESG characteristics are determined by reference to ESG ratings provided by external agencies and Fidelity ESG ratings.
Within this investment universe, the Investment Manager selects stocks through rigorous bottom-up financial analysis and valuation to select stocks with strong investment return potential.
In respect of its direct investments in corporate issuers, the fund is subject to:
- a firm-wide exclusions list, which includes cluster munitions and anti-personnel landmines, and
- a norms-based screening of issuers which the Investment Manager considers have failed to conduct their business in accordance with international norms, including as set out in the UNGC.

The above exclusions and screens (the “Exclusions”) may be updated from time to time. Please refer to the website for further information Sustainable investing framework(fidelityinternational.com).
The Investment Manager also has discretion to implement enhanced, stricter sustainable requirements and exclusions from time to time.
What are the binding elements of the investment strategy used to select the investments to attain each of the environmental or social characteristics promoted by this financial product?
The fund will invest:
- a minimum of 50% of its assets in issuers with favourable ESG characteristics,
- a minimum of 5% in sustainable investments of which a minimum of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 1% have a social objective.

In addition, the fund will systematically apply the Exclusions as described above.
What is the committed minimum rate to reduce the scope of the investments considered prior to the application of that investment strategy?
This question is not applicable.
Good governance practices include sound management structures, employee relations, remuneration of staff and tax compliance.
What is the policy to assess good governance practices of the investee companies?
The governance practices of issuers are assessed using fundamental research, including Fidelity ESG ratings, data regarding controversies and UN Global Compact violations.
Key points that are analysed include track record of capital allocation, financial transparency, related party transactions, board independence and size, executive pay, auditors and internal oversight, minority shareholder rights, among other indicators.
Asset allocation describes the share of investments in specific assets.
Taxonomy-aligned activities are expressed as a share of:
- turnover reflecting the share of revenue from green activities of investee companies
- capital expenditure (CapEx) showing the green investments made by investee companies,e.g. for a transition to a green economy.

- operational expenditure (OpEx) reflecting green operational activities of investee companies.

###### 	What is the asset allocation planned for this financial product?
(#1 Aligned with E/S characteristics) The fund aims to invest:
- a minimum of 50% of its assets in securities of issuers with favourable ESG characteristics,
- A minimum of 5% of its assets in sustainable investments (#1A sustainable) of which a minimum of of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 1% have a social objective. The remaining sustainable investments of the fund may have an environmental or social objective.

(#1B Other E/S characteristics) Includes securities of issuers with favourable ESG characteristics but are not sustainable investments.
How does the use of derivatives attain the environmental or social characteristics promoted by the financial product?
Where the security underlying a derivative has favourable ESG characteristics in accordance with Fidelity's Sustainable Investing Framework, the derivative may be included in determining the proportion of the fund dedicated to promotion of environmental or social characteristics.
To what minimum extent are sustainable investments with an environmental objective aligned with the EU Taxonomy?
The fund invests a minimum of 0% in sustainable investments with an environmental objective aligned with the EU Taxonomy.
The compliance of the investments of the fund with the EU Taxonomy will not be subject to an assurance by auditors or a review by third parties.
The EU Taxonomy alignment of the underlying investments of the fund is measured by turnover.
Does the financial product invest in fossil gas and/or nuclear energy-related activities that comply with the EU Taxonomy¹?
- YesNo
- In fossil gas	In nuclear energyWhat is the minimum share of investments in transitional and enabling activities?

The fund invests a minimum of 0% in transitional activities and a minimum of 0% in enabling activities.
What is the minimum share of sustainable investments with an environmental objective that are not aligned with the EU Taxonomy?
The fund invests a minimum of 1% in sustainable investments with an environmental objective that is not aligned with the EU Taxonomy.
Investments could be aligned with the EU Taxonomy but the Investment Manager is not currently in a position to specify the exact proportion of the fund’s underlying investments which take into account the EU criteria for environmentally sustainable economic activities. However, the position will be kept under review as the underlying rules are finalised and the availability of reliable data increases over time.
¹Fossil gas and/or nuclear related activities will only comply with the EU Taxonomy where they contribute to limiting climate change (“climate change mitigation”) and do not significantly harm any EU Taxonomy objectives - see explanatory note in the left hand margin. The full criteria for fossil gas and nuclear energy economic activities that comply with the EU Taxonomy are laid down in Commission Delegated Regulation (EU) 2022/1214.
What is the minimum share of socially sustainable investments?
The fund invests a minimum of 1% in sustainable investments with a social objective.
What investments are included under “#2 Other”, what is their purpose and are there any minimum environmental or social safeguards?
The remaining investments of the fund will be invested in assets aligned with the financial objective of the fund, cash and cash equivalents for liquidity purposes and derivatives which may be used for investment and efficient portfolio management.
As a minimum environmental and social safeguard, the fund will adhere to the Exclusions.

###### Is a specific index designated as a reference benchmark to determine whether this financial product is aligned with the environmental and/or social characteristics that it promotes?
An index has not been designated as a reference benchmark to determine whether this financial product is aligned with the environmental or social characteristics that it promotes.
Reference benchmarks are indexes to measure whether the financial product attains the environmental or social characteristics that they promote.
How is the reference benchmark continuously aligned with each of the environmental or social characteristics promoted by the financial product?
This question is not applicable.
How is the alignment of the investment strategy with the methodology of the index ensured on a continuous basis?
This question is not applicable.
How does the designated index differ from a relevant broad market index?
This question is not applicable.
Where can the methodology used for the calculation of the designated index be found?
This question is not applicable.

###### 	Where can I find more product specific information online?
More product-specific information can be found on the website: https:/www.fidelity.lu/funds/factsheet/LU0368678339/tab-disclosure#SFDR-disclosure. 
Further information on the methodologies set out herein is available on the website: Sustainable investing framework (fidelityinternational.com).
Pre-contractual disclosure for the financial products referred to in Article 8, paragraphs 1, 2 and 2a, of Regulation (EU) 2019/2088 and Article 6, first paragraph, of Regulation (EU) 2020/852
Product name:	Legal entity identifier:
Fidelity Funds - Sustainable Asia Equity Fund	549300XNOLBE172DCX03

###### Environmental and/or social characteristics
| Does this financial product have a sustainable investment objective? |
| --- |
|  | - Yes
 |  | No |
| - It will make a minimum of sustainable investments with an environmental objective:%
- in economic activities that qualify as environmentally sustainable under the EU Taxonomy
- in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
- It will make a minimum of sustainable investments with a social objective:%
 | It promotes Environmental/Social (E/S) characteristics and while it does not have as its objective a sustainable investment, it will have a minimum proportion of 25% of sustainable investments - with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomywith an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomywith a social objective
- It promotes E/S characteristics, but will not make any sustainable investments
 |

What environmental and/or social characteristics are promoted by this financial product?
Sustainability indicators measure how the environmental or social characteristics promoted by the financial product are attained.
The fund promotes environmental and social characteristics by investing in securities of issuers with favourable ESG characteristics. Favourable ESG characteristics are determined by reference to ESG ratings. ESG ratings consider environmental characteristics including carbon intensity, carbon emissions, energy efficiency, water and waste management and biodiversity, as well as social characteristics including product safety, supply chain, health and safety and human rights.
The fund partially intends to make sustainable investments.
No reference benchmark has been designated for the purpose of attaining the environmental and social characteristics promoted.
What sustainability indicators are used to measure the attainment of each of the environmental or social characteristics promoted by this financial product?
The fund uses the following sustainability indicators in order to measure the attainment of the environmental or social characteristics that it promotes:
- the percentage of the fund invested in securities of issuers with favourable ESG characteristics in accordance with Fidelity’s Sustainable Investing Framework;
- in respect of its direct investments, the percentage of the fund invested in securities of issuers with exposure to the Exclusions (as defined below);
- the percentage of the fund invested in sustainable investments;
- the percentage of the fund invested in sustainable investments with an environmental objective in economic activities (that do not qualify as environmentally sustainable under the EU Taxonomy); and
- the percentage of the fund invested in sustainable investments with a social objective.

What are the objectives of the sustainable investments that the financial product partially intends to make and how does the sustainable investment contribute to such objectives?
The fund determines a sustainable investment as follows:
- issuers that undertake economic activities that contribute to one or more of the environmental objectives set out in the EU Taxonomy and qualify as environmentally sustainable in accordance with EU Taxonomy; or
- issuers whereby the majority of their business activities (more than 50% of revenue) contribute to environmental or social objectives aligned with one or more of the United Nations Sustainable Development Goals (“SDGs”); or
- issuers which have set a decarbonisation target consistent with a 1.5 degree warming scenario or lower (verified by the Science Based Target Initiative or a Fidelity Proprietary Climate Rating) which would be considered to contribute to environmental objectives;provided they do no significant harm, meet minimum safeguards and good governance criteria.

How do the sustainable investments that the financial product partially intends to make, not cause significant harm to any environmental or social sustainable investment objective?
Sustainable investments are screened for involvement in activities that cause significant harm and controversies, assessed through a check that the issuer meets minimum safeguards and standards that relate to principal adverse impacts (PAIs) as well as for performance on PAI metrics. This includes:
- Norms-based screens - the screening out of securities identified under Fidelity’s norms based screens (as set out below);
- Activity-based screens - the screening out of issuers based on their participation in activities with significant negative impacts on society or the environment, including issuers that are considered to have a ‘Very Severe’ controversy using controversy screens, covering
- environmental issues,
- human rights and communities,
- labour rights and supply chain,
- customers,
- governance; and
	- PAI indicators - quantitative data (where available) on PAI indicators is used to evaluate whether an issuer is involved in activities that cause significant harm to any environmental or social objective.


Principal adverse impacts are the most significant negative impacts of investment decisions on sustainability factors relating to environmental, social and employee matters, respect for human rights, anti- corruption and anti- bribery matters.
How have the indicators for adverse impacts on sustainability factors been taken into account?
For sustainable investments, as set out above, Fidelity undertakes a quantitative evaluation that identifies entities with challenging performance on PAI indicators. Issuers with a low score will be ineligible to be ‘sustainable investments’ unless Fidelity’s fundamental research determines that the issuer is not breaching “do no significant harm” requirements or is on the path to mitigate the adverse impacts through effective management or transition.
How are the sustainable investments aligned with the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights? Details:
Norms-based screens are applied: Issuers identified as failing to behave in a way which meets their fundamental responsibilities in the areas of human rights, labour, environmental and anti-corruption as aligned with international norms including those set out by the OECD Guidelines for Multinational Enterprises, the UN Guiding Principles on Business and Human Rights, the UN Global Compact (UNGC) and the International Labour Organisation (ILO) Conventions, are not considered sustainable investments.
The EU Taxonomy sets out a “do not significant harm” principle by which Taxonomy-aligned investments should not significantly harm EU Taxonomy objectives and is accompanied by specific EU criteria.
The “do no significant harm” principle applies only to those investments underlying the financial product that take into account the EU criteria for environmentally sustainable economic activities. The investments underlying the remaining portion of this financial product do not take into account the EU criteria for environmentally sustainable economic activities.
Any other sustainable investments must also not significantly harm any environmental or social objectives.

###### Does this financial product consider principal adverse impacts on sustainability factors?
Yes
- NoConsideration of the principal adverse impacts on sustainability factors of investment decisions (referred to as principal adverse impacts) is incorporated through a variety of tools, including:
- Due Diligence - analysis of whether impacts on sustainability factors are material and negative.
- ESG rating - Fidelity references ESG ratings which incorporate consideration of material principal adverse impacts such as carbon emissions, employee safety and bribery and corruption, water management and, for sovereign issued securities, ratings used incorporate consideration of material principal adverse impacts such as carbon emissions, social violations and freedom of expression.
- Exclusions - When investing directly in corporate issuers, the fund applies the Exclusions (as defined below) to help mitigate the principal adverse impacts through excluding harmful sectors and prohibiting investment in issuers that breach international standards, such as the UNGC.
- Engagement - Fidelity uses engagement as a tool to better understand principal adverse impacts and, in some circumstances, advocate for mitigating the principal adverse impacts. Fidelity participates in relevant individual and collaborative engagements that target a number of principal adverse impacts (i.e. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Voting - Fidelity’s voting policy includes explicit minimum standards for board gender diversity and engagement with climate change for corporate issuers. Fidelity may also vote to help mitigate principal adverse impacts.
- Quarterly reviews - monitoring of principal adverse impacts through the fund’s quarterly review process.

Fidelity takes into account specific indicators for each sustainability factor when considering whether investments have a principal adverse impact. These indicators are subject to data availability and may evolve with improving data quality and availability.
Information on principal adverse impacts will be available in the annual report of the fund.
The investment strategy guides investment decisions based on factors such as investments objectives and risk tolerance.

######  What investment strategy does this financial product follow?
The fund is part of the Fidelity Sustainable Family of funds and adopts a Sustainable Focused strategy under which a minimum of 70% of the fund’s assets will be invested in securities with favourable ESG characteristics.
Favourable ESG characteristics are determined by reference to ESG ratings provided by external agencies and Fidelity ESG ratings.
Issuers that are not assessed as having favourable ESG characteristics for the purposes of the primary objective (minimum 70% of assets) are eligible for inclusion, with up to 30% of assets, provided they are able to demonstrate that they are on an improving trajectory with respect to their ESG characteristics.
The average ESG rating of the fund will exceed the average ESG rating of the fund’s investment universe, as represented by the MSCI AC Asia ex Japan Index (the "Index") (for the purpose of this calculation), after the exclusion of 20% of the assets with the lowest ESG ratings.
Within this investment universe, the Investment Manager selects stocks through rigorous bottom-up financial analysis and valuation to select stocks with strong investment return potential.
In respect of its direct investments, the fund is subject to:
- a firm-wide exclusions list, which includes cluster munitions and anti-personnel landmines, and
- a principle-based screening policy which includes:
	- norms-based screening of issuers which the Investment Manager considers have failed to conduct their business in accordance with international norms, including as set out in the UNGC; and
	- negative screening of certain sectors, issuers or practices based on specific ESG criteria where revenue thresholds may be applied.


The above exclusions and screens (the “Exclusions”) may be updated from time to time. Please refer to the website for further information Sustainable investing framework(fidelityinternational.com).
The Investment Manager also has discretion to implement enhanced, stricter sustainable requirements and exclusions from time to time.
What are the binding elements of the investment strategy used to select the investments to attain each of the environmental or social characteristics promoted by this financial product?
The fund will invest:
- a minimum of 70% of its assets in issuers with favourable ESG characteristics,
- a minimum of 25% in sustainable investments of which a minimum of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 5% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 10% have a social objective.

The fund assesses the ESG characteristics of at least 90% of its assets. The average ESG rating of the fund will exceed the average ESG rating of the fund’s investment universe, as represented by the Index (as defined above), after the exclusion of 20% of the assets with the lowest ESG ratings.
In addition, the fund will systematically apply the Exclusions to direct investments as described above.
What is the committed minimum rate to reduce the scope of the investments considered prior to the application of that investment strategy?
This question is not applicable.
Good governance practices include sound management structures, employee relations, remuneration of staff and tax compliance.
What is the policy to assess good governance practices of the investee companies?
The governance practices of issuers are assessed using fundamental research, including Fidelity ESG ratings, data regarding controversies and UN Global Compact violations.
Key points that are analysed include track record of capital allocation, financial transparency, related party transactions, board independence and size, executive pay, auditors and internal oversight, minority shareholder rights, among other indicators.

###### What is the asset allocation planned for this financial product?
Asset allocation describes the share of investments in specific assets.
Taxonomy-aligned activities are expressed as a share of:
- turnover reflecting the share of revenue from green activities of investee companies
- capital expenditure (CapEx) showing the green investments made by investee companies,e.g. for a transition to a green economy.

- operational expenditure (OpEx) reflecting green operational activities of investee companies.
(#1 Aligned with E/S characteristics) The fund will invest:
- a minimum of 70% of its assets in securities of issuers with favourable ESG characteristics;
- a minimum of 25% of its assets in sustainable investments (#1A sustainable) of which a minimum of of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 5% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 10% have a social objective. The remaining sustainable investments of the fund may have an environmental or social objective.

(#1B Other E/S characteristics) Includes securities of issuers with favourable ESG characteristics but are not sustainable investments.
How does the use of derivatives attain the environmental or social characteristics promoted by the financial product?
Where the security underlying a derivative has favourable ESG characteristics in accordance with Fidelity's Sustainable Investing Framework, the derivative may be included in determining the proportion of the fund dedicated to promotion of environmental or social characteristics.
To what minimum extent are sustainable investments with an environmental objective aligned with the EU Taxonomy?
The fund invests a minimum of 0% in sustainable investments with an environmental objective aligned with the EU Taxonomy.
The compliance of the investments of the fund with the EU Taxonomy will not be subject to an assurance by auditors or a review by third parties.
The EU Taxonomy alignment of the underlying investments of the fund is measured by turnover.
Does the financial product invest in fossil gas and/or nuclear energy-related activities that comply with the EU Taxonomy¹?
- YesNo
- In fossil gas	In nuclear energyWhat is the minimum share of investments in transitional and enabling activities?

The fund invests a minimum of 0% in transitional activities and a minimum of 0% in enabling activities.
What is the minimum share of sustainable investments with an environmental objective that are not aligned with the EU Taxonomy?
The fund invests a minimum of 5% in sustainable investments with an environmental objective that is not aligned with the EU Taxonomy.
Investments could be aligned with the EU Taxonomy but the Investment Manager is not currently in a position to specify the exact proportion of the fund’s underlying investments which take into account the EU criteria for environmentally sustainable economic activities. However, the position will be kept under review as the underlying rules are finalised and the availability of reliable data increases over time.
¹Fossil gas and/or nuclear related activities will only comply with the EU Taxonomy where they contribute to limiting climate change (“climate change mitigation”) and do not significantly harm any EU Taxonomy objectives - see explanatory note in the left hand margin. The full criteria for fossil gas and nuclear energy economic activities that comply with the EU Taxonomy are laid down in Commission Delegated Regulation (EU) 2022/1214.
What is the minimum share of socially sustainable investments?
The fund invests a minimum of 10% in sustainable investments with a social objective.
What investments are included under “#2 Other”, what is their purpose and are there any minimum environmental or social safeguards?
The remaining investments of the fund may be invested in securities of issuers that are able to demonstrate that they are on an improving trajectory with respect to their ESG characteristics, as well as cash and cash equivalents for liquidity purposes and derivatives which may be used for investment and efficient portfolio management.
As a minimum environmental and social safeguard, the fund will adhere to the Exclusions.

###### Is a specific index designated as a reference benchmark to determine whether this financial product is aligned with the environmental and/or social characteristics that it promotes?
An index has not been designated as a reference benchmark to determine whether this financial product is aligned with the environmental or social characteristics that it promotes.
Reference benchmarks are indexes to measure whether the financial product attains the environmental or social characteristics that they promote.
How is the reference benchmark continuously aligned with each of the environmental or social characteristics promoted by the financial product?
This question is not applicable.
How is the alignment of the investment strategy with the methodology of the index ensured on a continuous basis?
This question is not applicable.
How does the designated index differ from a relevant broad market index?
This question is not applicable.
Where can the methodology used for the calculation of the designated index be found?
This question is not applicable.

###### 	Where can I find more product specific information online?
More product-specific information can be found on the website: https:/www.fidelity.lu/funds/factsheet/LU0261946445/tab-disclosure#SFDR-disclosure. 
Further information on the methodologies set out herein is available on the website: Sustainable investing framework (fidelityinternational.com).
Pre-contractual disclosure for the financial products referred to in Article 8, paragraphs 1, 2 and 2a, of Regulation (EU) 2019/2088 and Article 6, first paragraph, of Regulation (EU) 2020/852
Product name:	Legal entity identifier:
Fidelity Funds - Sustainable Asia Equity II Fund	5493000YTYJ3T5Q1KB02

###### Environmental and/or social characteristics
| Does this financial product have a sustainable investment objective? |
| --- |
|  | - Yes
 |  | No |
| - It will make a minimum of sustainable investments with an environmental objective:%
- in economic activities that qualify as environmentally sustainable under the EU Taxonomy
- in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
- It will make a minimum of sustainable investments with a social objective:%
 | It promotes Environmental/Social (E/S) characteristics and while it does not have as its objective a sustainable investment, it will have a minimum proportion of 25% of sustainable investments - with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomywith an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomywith a social objective
- It promotes E/S characteristics, but will not make any sustainable investments
 |

What environmental and/or social characteristics are promoted by this financial product?
Sustainability indicators measure how the environmental or social characteristics promoted by the financial product are attained.
The fund promotes environmental and social characteristics by investing in securities of issuers with favourable ESG characteristics. Favourable ESG characteristics are determined by reference to ESG ratings. ESG ratings consider environmental characteristics including carbon intensity, carbon emissions, energy efficiency, water and waste management and biodiversity, as well as social characteristics including product safety, supply chain, health and safety and human rights.
The fund partially intends to make sustainable investments.
No reference benchmark has been designated for the purpose of attaining the environmental and social characteristics promoted.
What sustainability indicators are used to measure the attainment of each of the environmental or social characteristics promoted by this financial product?
The fund uses the following sustainability indicators in order to measure the attainment of the environmental or social characteristics that it promotes:
- the percentage of the fund invested in securities of issuers with favourable ESG characteristics in accordance with Fidelity’s Sustainable Investing Framework;
- in respect of its direct investments, the percentage of the fund invested in securities of issuers with exposure to the Exclusions (as defined below);
- the percentage of the fund invested in sustainable investments;
- the percentage of the fund invested in sustainable investments with an environmental objective in economic activities (that do not qualify as environmentally sustainable under the EU Taxonomy); and
- the percentage of the fund invested in sustainable investments with a social objective.

What are the objectives of the sustainable investments that the financial product partially intends to make and how does the sustainable investment contribute to such objectives?
The fund determines a sustainable investment as follows:
- issuers that undertake economic activities that contribute to one or more of the environmental objectives set out in the EU Taxonomy and qualify as environmentally sustainable in accordance with EU Taxonomy; or
- issuers whereby the majority of their business activities (more than 50% of revenue) contribute to environmental or social objectives aligned with one or more of the United Nations Sustainable Development Goals (“SDGs”); or
- issuers which have set a decarbonisation target consistent with a 1.5 degree warming scenario or lower (verified by the Science Based Target Initiative or a Fidelity Proprietary Climate Rating) which would be considered to contribute to environmental objectives;provided they do no significant harm, meet minimum safeguards and good governance criteria.

How do the sustainable investments that the financial product partially intends to make, not cause significant harm to any environmental or social sustainable investment objective?
Sustainable investments are screened for involvement in activities that cause significant harm and controversies, assessed through a check that the issuer meets minimum safeguards and standards that relate to principal adverse impacts (PAIs) as well as for performance on PAI metrics. This includes:
- Norms-based screens - the screening out of securities identified under Fidelity’s norms based screens (as set out below);
- Activity-based screens - the screening out of issuers based on their participation in activities with significant negative impacts on society or the environment, including issuers that are considered to have a ‘Very Severe’ controversy using controversy screens, covering
- environmental issues,
- human rights and communities,
- labour rights and supply chain,
- customers,
- governance; and
	- PAI indicators - quantitative data (where available) on PAI indicators is used to evaluate whether an issuer is involved in activities that cause significant harm to any environmental or social objective.


Principal adverse impacts are the most significant negative impacts of investment decisions on sustainability factors relating to environmental, social and employee matters, respect for human rights, anti- corruption and anti- bribery matters.
How have the indicators for adverse impacts on sustainability factors been taken into account?
For sustainable investments, as set out above, Fidelity undertakes a quantitative evaluation that identifies entities with challenging performance on PAI indicators. Issuers with a low score will be ineligible to be ‘sustainable investments’ unless Fidelity’s fundamental research determines that the issuer is not breaching “do no significant harm” requirements or is on the path to mitigate the adverse impacts through effective management or transition.
How are the sustainable investments aligned with the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights? Details:
Norms-based screens are applied: Issuers identified as failing to behave in a way which meets their fundamental responsibilities in the areas of human rights, labour, environmental and anti-corruption as aligned with international norms including those set out by the OECD Guidelines for Multinational Enterprises, the UN Guiding Principles on Business and Human Rights, the UN Global Compact (UNGC) and the International Labour Organisation (ILO) Conventions, are not considered sustainable investments.
The EU Taxonomy sets out a “do not significant harm” principle by which Taxonomy-aligned investments should not significantly harm EU Taxonomy objectives and is accompanied by specific EU criteria.
The “do no significant harm” principle applies only to those investments underlying the financial product that take into account the EU criteria for environmentally sustainable economic activities. The investments underlying the remaining portion of this financial product do not take into account the EU criteria for environmentally sustainable economic activities.
Any other sustainable investments must also not significantly harm any environmental or social objectives.

###### Does this financial product consider principal adverse impacts on sustainability factors?
Yes
- NoConsideration of the principal adverse impacts on sustainability factors of investment decisions (referred to as principal adverse impacts) is incorporated through a variety of tools, including:
- Due Diligence - analysis of whether impacts on sustainability factors are material and negative.
- ESG rating - Fidelity references ESG ratings which incorporate consideration of material principal adverse impacts such as carbon emissions, employee safety and bribery and corruption, water management and, for sovereign issued securities, ratings used incorporate consideration of material principal adverse impacts such as carbon emissions, social violations and freedom of expression.
- Exclusions - When investing directly in corporate issuers, the fund applies the Exclusions (as defined below) to help mitigate the principal adverse impacts through excluding harmful sectors and prohibiting investment in issuers that breach international standards, such as the UNGC.
- Engagement - Fidelity uses engagement as a tool to better understand principal adverse impacts and, in some circumstances, advocate for mitigating the principal adverse impacts. Fidelity participates in relevant individual and collaborative engagements that target a number of principal adverse impacts (i.e. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Voting - Fidelity’s voting policy includes explicit minimum standards for board gender diversity and engagement with climate change for corporate issuers. Fidelity may also vote to help mitigate principal adverse impacts.
- Quarterly reviews - monitoring of principal adverse impacts through the fund’s quarterly review process.

Fidelity takes into account specific indicators for each sustainability factor when considering whether investments have a principal adverse impact. These indicators are subject to data availability and may evolve with improving data quality and availability.
Information on principal adverse impacts will be available in the annual report of the fund.
The investment strategy guides investment decisions based on factors such as investments objectives and risk tolerance.

######  What investment strategy does this financial product follow?
The fund is part of the Fidelity Sustainable Family of funds and adopts a Sustainable Focused strategy under which a minimum of 70% of the fund’s assets will be invested in securities with favourable ESG characteristics.
Favourable ESG characteristics are determined by reference to ESG ratings provided by external agencies and Fidelity ESG ratings.
Issuers that are not assessed as having favourable ESG characteristics for the purposes of the primary objective (minimum 70% of assets) are eligible for inclusion, with up to 30% of assets, provided they are able to demonstrate that they are on an improving trajectory with respect to their ESG characteristics.
Within this investment universe, the Investment Manager selects stocks through rigorous bottom-up financial analysis and valuation to select stocks with strong investment return potential.
In respect of its direct investments, the fund is subject to:
- a firm-wide exclusions list, which includes cluster munitions and anti-personnel landmines, and
- a principle-based screening policy which includes:
	- norms-based screening of issuers which the Investment Manager considers have failed to conduct their business in accordance with international norms, including as set out in the UNGC; and
	- negative screening of certain sectors, issuers or practices based on specific ESG criteria where revenue thresholds may be applied.


The above exclusions and screens (the “Exclusions”) may be updated from time to time. Please refer to the website for further information Sustainable investing framework(fidelityinternational.com).
The Investment Manager also has discretion to implement enhanced, stricter sustainable requirements and exclusions from time to time.
What are the binding elements of the investment strategy used to select the investments to attain each of the environmental or social characteristics promoted by this financial product?
The fund will invest:
- a minimum of 70% of its assets in issuers with favourable ESG characteristics,
- a minimum of 25% in sustainable investments of which a minimum of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 5% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 10% have a social objective.

In addition, the fund will systematically apply the Exclusions to direct investments as described above.
What is the committed minimum rate to reduce the scope of the investments considered prior to the application of that investment strategy?
This question is not applicable.
Good governance practices include sound management structures, employee relations, remuneration of staff and tax compliance.
What is the policy to assess good governance practices of the investee companies?
The governance practices of issuers are assessed using fundamental research, including Fidelity ESG ratings, data regarding controversies and UN Global Compact violations.
Key points that are analysed include track record of capital allocation, financial transparency, related party transactions, board independence and size, executive pay, auditors and internal oversight, minority shareholder rights, among other indicators.

###### What is the asset allocation planned for this financial product?
Asset allocation describes the share of investments in specific assets.
Taxonomy-aligned activities are expressed as a share of:
- turnover reflecting the share of revenue from green activities of investee companies
- capital expenditure (CapEx) showing the green investments made by investee companies,e.g. for a transition to a green economy.

- operational expenditure (OpEx) reflecting green operational activities of investee companies.
(#1 Aligned with E/S characteristics) The fund will invest:
- a minimum of 70% of its assets in securities of issuers with favourable ESG characteristics;
- a minimum of 25% of its assets in sustainable investments (#1A sustainable) of which a minimum of of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 5% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 10% have a social objective. The remaining sustainable investments of the fund may have an environmental or social objective.

(#1B Other E/S characteristics) Includes securities of issuers with favourable ESG characteristics but are not sustainable investments.
How does the use of derivatives attain the environmental or social characteristics promoted by the financial product?
Where the security underlying a derivative has favourable ESG characteristics in accordance with Fidelity's Sustainable Investing Framework, the derivative may be included in determining the proportion of the fund dedicated to promotion of environmental or social characteristics.
To what minimum extent are sustainable investments with an environmental objective aligned with the EU Taxonomy?
The fund invests a minimum of 0% in sustainable investments with an environmental objective aligned with the EU Taxonomy.
The compliance of the investments of the fund with the EU Taxonomy will not be subject to an assurance by auditors or a review by third parties.
The EU Taxonomy alignment of the underlying investments of the fund is measured by turnover.
Does the financial product invest in fossil gas and/or nuclear energy-related activities that comply with the EU Taxonomy¹?
- YesNo
- In fossil gas	In nuclear energyWhat is the minimum share of investments in transitional and enabling activities?

The fund invests a minimum of 0% in transitional activities and a minimum of 0% in enabling activities.
What is the minimum share of sustainable investments with an environmental objective that are not aligned with the EU Taxonomy?
The fund invests a minimum of 5% in sustainable investments with an environmental objective that is not aligned with the EU Taxonomy.
Investments could be aligned with the EU Taxonomy but the Investment Manager is not currently in a position to specify the exact proportion of the fund’s underlying investments which take into account the EU criteria for environmentally sustainable economic activities. However, the position will be kept under review as the underlying rules are finalised and the availability of reliable data increases over time.
¹Fossil gas and/or nuclear related activities will only comply with the EU Taxonomy where they contribute to limiting climate change (“climate change mitigation”) and do not significantly harm any EU Taxonomy objectives - see explanatory note in the left hand margin. The full criteria for fossil gas and nuclear energy economic activities that comply with the EU Taxonomy are laid down in Commission Delegated Regulation (EU) 2022/1214.
What is the minimum share of socially sustainable investments?
The fund invests a minimum of 10% in sustainable investments with a social objective.
What investments are included under “#2 Other”, what is their purpose and are there any minimum environmental or social safeguards?
The remaining investments of the fund may be invested in securities of issuers that are able to demonstrate that they are on an improving trajectory with respect to their ESG characteristics, as well as cash and cash equivalents for liquidity purposes and derivatives which may be used for investment and efficient portfolio management.
As a minimum environmental and social safeguard, the fund will adhere to the Exclusions.

###### Is a specific index designated as a reference benchmark to determine whether this financial product is aligned with the environmental and/or social characteristics that it promotes?
An index has not been designated as a reference benchmark to determine whether this financial product is aligned with the environmental or social characteristics that it promotes.
Reference benchmarks are indexes to measure whether the financial product attains the environmental or social characteristics that they promote.
How is the reference benchmark continuously aligned with each of the environmental or social characteristics promoted by the financial product?
This question is not applicable.
How is the alignment of the investment strategy with the methodology of the index ensured on a continuous basis?
This question is not applicable.
How does the designated index differ from a relevant broad market index?
This question is not applicable.
Where can the methodology used for the calculation of the designated index be found?
This question is not applicable.

###### 	Where can I find more product specific information online?
More product-specific information can be found on the website: https:/www.fidelity.lu/funds/factsheet/LU0605512861/tab-disclosure#SFDR-disclosure. 
Further information on the methodologies set out herein is available on the website: Sustainable investing framework (fidelityinternational.com).
Pre-contractual disclosure for the financial products referred to in Article 9, paragraphs 1 to 4a, of Regulation (EU) 2019/2088 and Article 5, first paragraph, of Regulation (EU) 2020/852
Product name:	Legal entity identifier:
Fidelity Funds - Sustainable Asian Focus Fund	254900ZH0Z8VWSBW0D79

###### Sustainable investment objective
| Does this financial product have a sustainable investment objective? |
| --- |
|  | Yes |  | - No
 |
| It will make a minimum of sustainable investments with an environmental objective: 10% - in economic activities that qualify as environmentally sustainable under the EU Taxonomyin economic activities that do not qualify as environmentally sustainable under the EU TaxonomyIt will make a minimum of sustainable investments with a social objective: 30%
 | - It promotes Environmental/Social (E/S) characteristics and while it does not have as its objective a sustainable investment, it will have a minimum proportion of % of sustainable investments
	- with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomy
	- with an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
	- with a social objective

- It promotes E/S characteristics, but will not make any sustainable investments
 |

Sustainability indicators measure how the sustainable objectives of this financial product are attained.
What is the sustainable investment objective of this financial product? 
The fund aims to achieve capital growth over the long term by investing in sustainable investments.
The fund determines a sustainable investment as follows:
- issuers that undertake economic activities that contribute to one or more of the environmental objectives set out in the EU Taxonomy and qualify as environmentally sustainable in accordance with EU Taxonomy; or
- issuers whereby the majority of their business activities (more than 50% of revenue) contribute to environmental or social objectives aligned with one or more of the United Nations Sustainable Development Goals (“SDGs”); or
- issuers which have set a decarbonisation target consistent with a 1.5 degree warming scenario or lower (verified by the Science Based Target Initiative or a Fidelity Proprietary Climate Rating) which would be considered to contribute to environmental objectives; provided they do no significant harm, meet minimum safeguards and good governance criteria.

The Investment Manager selects issuers based on the contribution of their economic activities to environmental or social objectives which are aligned with the SDGs.
The SDGs are a series of goals published by the United Nations which recognise that ending poverty and other deprivations must go hand-in-hand with improvements in health and education, economic growth, and a reduction in inequalities, all while tackling climate change and working to preserve the planet’s oceans and forests. For further details see the UN website: https://sdgs.un.org/goals . Environmental focused SDGs include clean water and sanitation; affordable and clean energy; responsible consumption and production; and climate action.Social focused SDGs include no poverty; zero hunger; economic growth and productive employment; industry, innovation and infrastructure; safe and sustainable cities and communities.
No reference benchmark has been designated for the purpose of attaining the sustainable investment objective.
What sustainability indicators are used to measure the attainment of the sustainable investment objective of this financial product?
The fund uses the following sustainability indicators in order to measure to what extent the sustainable investment objective is met:
- the percentage of the fund invested in sustainable investments;
- the percentage of the fund invested in sustainable investments with an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy;
- the percentage of the fund invested in sustainable investments with a social objective; and
- the percentage of the fund with exposure to investments that undertake activities that are excluded in accordance with the Exclusions (defined below).

How do sustainable investments not cause significant harm to any environmental or social sustainable investment objective?
Sustainable investments are screened for involvement in activities that cause significant harm and controversies, assessed through a check that the issuer meets minimum safeguards and standards that relate to principal adverse impacts (PAIs) as well as for performance on PAI metrics. This includes:
- Norms-based screens - the screening out of securities identified under Fidelity’s existing norms-based screens (as set out below);
- Activity-based screens - the screening out of issuers based on their participation in activities with significant negative impacts on society or the environment, including issuers that are considered to have a ‘Very Severe’ controversy using controversy screens, covering
- environmental issues,
- human rights and communities,
- labour rights and supply chain,
- customers,
- governance; and
	- PAI indicators - quantitative data (where available) on PAI indicators is used to evaluate whether an issuer is involved in activities that cause significant harm to any environmental or social objective.


Principal adverse impacts are the most significant negative impacts of investment decisions on sustainability factors relating to environmental, social and employee matters, respect for human rights, anti- corruption and anti- bribery matters.
How have the indicators for adverse impacts on sustainability factors been taken into account?
As set out above, Fidelity undertakes a quantitative evaluation to identify issuers with challenging performance on PAI indicators. Issuers with a low score will be ineligible to be ‘sustainable investments’ unless Fidelity’s fundamental research determines that the issuer is not breaching “do no significant harm” requirements, or is on the path to mitigate the adverse impacts through effective management or transition.
How are the sustainable investments aligned with the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights?
Norms-based screens are applied - issuers identified as failing to behave in a way which meets their fundamental responsibilities in the areas of human rights, labour, environmental and anti-corruption as aligned with international norms including those set out by OECD Guidelines for Multinational Enterprises, the UN Guiding Principles on Business and Human Rights, the UN Global Compact (UNGC) and the International Labour Organisation (ILO) Conventions, are not considered sustainable investments.

###### Does this financial product consider principal adverse impacts on sustainability factors?
Yes
- NoConsideration of the principal adverse impacts on sustainability factors of investment decisions (referred to as principal adverse impacts) is incorporated through a variety of tools, including:
- Due Diligence - analysis of whether impacts on sustainability factors are material and negative.
- ESG rating - Fidelity references ESG ratings which incorporate consideration of material principal adverse impacts such as carbon emissions, employee safety and bribery and corruption, water management and, for sovereign issued securities, ratings used incorporate consideration of material principal adverse impacts such as carbon emissions, social violations and freedom of expression.
- Exclusions - When investing directly in corporate issuers, the fund applies the Exclusions (as defined below) to help mitigate the principal adverse impacts through excluding harmful sectors and prohibiting investment in issuers that breach international standards, such as the UNGC.
- Engagement - Fidelity uses engagement as a tool to better understand principal adverse impacts and, in some circumstances, advocate for mitigating the principal adverse impacts. Fidelity participates in relevant individual and collaborative engagements that target a number of principal adverse impacts (i.e. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Voting - Fidelity’s voting policy includes explicit minimum standards for board gender diversity and engagement with climate change for corporate issuers. Fidelity may also vote to help mitigate principal adverse impacts.
- Quarterly reviews - monitoring of principal adverse impacts through the fund’s quarterly review process.

Fidelity takes into account specific indicators for each sustainability factor when considering whether investments have a principal adverse impact. These indicators are subject to data availability and may evolve with improving data quality and availability.
Information on principal adverse impacts will be available in the annual report of the fund.

###### What investment strategy does this financial product follow?
The investment strategy guides investment decisions based on factors such as investments objectives and risk tolerance.
The fund invests in companies which contribute to environmental or social objectives aligned with one or more SDGs, do no significant harm, meet minimum safeguards and good governance requirements.
Within this investment universe, the Investment Manager selects stocks through rigorous bottom-up financial analysis and valuation to select stocks with strong investment return potential.
Key components of the investment strategy are:
- sustainable investments; A minimum of 80% of these assets will be sustainable investments.
- Contributing to environmental or social objectives aligned with one or more SDGs; All companies in the fund must have a portion (greater than zero) of business activities which contribute to environmental or social objectives aligned with SDGs.
- Do No Significant Harm; The fund applies the “do no significant harm” criteria, as set out above, to all direct investments held within the fund.
- Minimum safeguards; The fund excludes direct investments that fail to conduct their business in accordance with accepted international norms, including as set out by OECD Guidelines for Multinational Enterprises, the UN Guiding Principles on Business and Human Rights, UN Global Compact (UNGC) and the International Labour Organisation (ILO) Conventions.
- Good governance; All investee companies in the fund will be screened for controversies, including tax and bribery and corruption screenings.
- Exclusions; In respect of its direct investments, the fund is subject to:
	- a firm-wide exclusions list, which includes cluster munitions and anti-personnel landmines; and
	- a principle-based screening policy which includes:
		- norms-based screening of issuers which the Investment Manager considers have failed to conduct their business in accordance with international norms, including as set out in the UNGC; and
		- negative screening of certain sectors, companies or practices based on specific ESG criteria where revenue thresholds may be applied.



The Investment Manager has discretion to implement sustainable requirements and exclusions having regard to their applicable investment process from time to time.
The above exclusions and screens (the “Exclusions”) may be updated from time to time. Please refer to the website for further information Sustainable investing framework(fidelityinternational.com).
In addition to the above, the fund assesses the ESG ratings (either based on external ratings or the Fidelity ESG ratings) of at least 90% of the fund’s assets and the fund’s investment universe will be reduced by at least 20% due to the exclusion of issuers on the basis of their ESG characteristics.
What are the binding elements of the investment strategy used to select the investments to attain the sustainable investment objective?
The fund will invest a minimum of 80% of its assets in sustainable investments of which a minimum of 0% have an environmental objective which is aligned with the EU Taxonomy, a minimum of 10% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 30% have a social objective;
provided that such investments do not significantly harm any of those objectives and that investee companies follow good governance practices.
In attaining the sustainable investment objective, the fund commits to selecting companies whose economic activity contributes to an environmental or social objective aligned with one or more of the SDGs, as described in the investment strategy section above.
In addition to the above, the fund assesses the ESG ratings (either based on external ratings or the Fidelity ESG ratings) of at least 90% of the fund’sassets and the fund’s investment universe will be reduced by at least 20% due to the exclusion of issuers on the basis of their ESG characteristics.
The fund will systematically apply the Exclusions as described above.
Good governance practices include sound management structures, employee relations, remuneration of staff and tax compliance.
What is the policy to assess good governance practices of the investee companies?
All investee companies will be screened for controversies, including tax, bribery and corruption screenings, to help meet good governance requirements for investee companies. In addition to these screens, governance practices of issuers are assessed using fundamental research.
Key points that are analysed include track record of capital allocation, financial transparency, related party transactions, board independence and size, executive pay, auditors and internal oversight, minority shareholder rights, among other indicators.

###### What is the asset allocation and the minimum share of sustainable investments?
Asset allocation describes the share of investments in specific assets.
Taxonomy-aligned activities are expressed as a share of:
- turnover reflecting the share of revenue from green activities of investee companies
- capital expenditure (CapEx) showing the green investments made by investee companies,e.g. for a transition to a green economy.

- operational expenditure (OpEx) reflecting green operational activities of investee companies.
(#1 Sustainable) The fund will invest a minimum of 80% of its assets in sustainable investments of which a minimum of 0% will have an environmental objective which is aligned with the EU Taxonomy, a minimum of 10% will have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 30% will have a social objective. The remaining sustainable investments of the fund may have an environmental or social objective.
How does the use of derivatives attain the sustainable investment objective?
Where the security underlying a derivative is deemed to contribute to the sustainable objective of the fund, the derivative may be used to contribute to the attainment of the sustainable investment objective.
To what minimum extent are sustainable investments with an environmental objective aligned with the EU Taxonomy?
The fund invests a minimum of 0% in sustainable investments with an environmental objective aligned with the EU Taxonomy.
The compliance of the investments of the fund with the EU Taxonomy will not be subject to an assurance by auditors or a review by third parties.
The EU Taxonomy alignment of the underlying investments of the fund is measured by turnover.
Does the financial product invest in fossil gas and/or nuclear energy-related activities that comply with the EU Taxonomy¹?
- YesNo
- In fossil gas	In nuclear energy¹Fossil gas and/or nuclear related activities will only comply with the EU Taxonomy where they contribute to limiting climate change (“climate change mitigation”) and do not significantly harm any EU Taxonomy objectives - see explanatory note in the left hand margin. The full criteria for fossil gas and nuclear energy economic activities that comply with the EU Taxonomy are laid down in Commission Delegated Regulation (EU) 2022/1214.

What is the minimum share of investments in transitional and enabling activities?
The fund invests a minimum of 0% in transitional activities and a minimum of 0% in enabling activities.
What is the minimum share of sustainable investments with an environmental objective that are not aligned with the EU Taxonomy?
The fund invests a minimum of 10% in sustainable investments with an environmental objective that is not aligned with the EU Taxonomy.
Investments could be aligned with the EU Taxonomy but the Investment Manager is not currently in a position to specify the exact proportion of the fund’s underlying investments which take into account the EU criteria for environmentally sustainable economic activities. However, the position will be kept under review as the underlying rules are finalised and the availability of reliable data increases over time.
What is the minimum share of sustainable investments with a social objective?
The fund invests a minimum of 30% in sustainable investments with a social objective.
What investments are included under “#2 Not sustainable”, what is their purpose and are there any minimum environmental or social safeguards?
Investments included under “#2 Not sustainable” may include cash, investments used for hedging and efficient portfolio management purposes.
In addition, all direct investments of the fund must adhere to the Exclusions, do no significant harm to environmental or social objectives, have good governance practices and must not affect the delivery of the sustainable investment objective.

###### Is a specific index designated as a reference benchmark to meet the sustainable investment objective?
An index has not been designated as a reference benchmark to meet the sustainable investment objective.
Reference benchmarks are indexes to measure whether the financial product attains the sustainable investment objective.
How does the reference benchmark take into account sustainability factors in a way that is continuously aligned with the sustainable investment objective?
This question is not applicable.
How is the alignment of the investment strategy with the methodology of the index ensured on a continuous basis?
This question is not applicable.
How does the designated index differ from a relevant broad market index?
This question is not applicable.
Where can the methodology used for the calculation of the designated index be found?
This question is not applicable.

###### 	Where can I find more product specific information online?
More product-specific information can be found on the website: https:/www.fidelity.lu/funds/factsheet/LU2544614667/tab-disclosure#SFDR-disclosure. 
Further information on the methodologies set out herein is available on the website: Sustainable investing framework (fidelityinternational.com).
Pre-contractual disclosure for the financial products referred to in Article 8, paragraphs 1, 2 and 2a, of Regulation (EU) 2019/2088 and Article 6, first paragraph, of Regulation (EU) 2020/852
Product name:	Legal entity identifier:
Fidelity Funds - Sustainable Japan Equity Fund	549300CGT4V2XYYG0Y90

###### Environmental and/or social characteristics
| Does this financial product have a sustainable investment objective? |
| --- |
|  | - Yes
 |  | No |
| - It will make a minimum of sustainable investments with an environmental objective:%
- in economic activities that qualify as environmentally sustainable under the EU Taxonomy
- in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
- It will make a minimum of sustainable investments with a social objective:%
 | It promotes Environmental/Social (E/S) characteristics and while it does not have as its objective a sustainable investment, it will have a minimum proportion of 25% of sustainable investments - with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomywith an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomywith a social objective
- It promotes E/S characteristics, but will not make any sustainable investments
 |

What environmental and/or social characteristics are promoted by this financial product?
Sustainability indicators measure how the environmental or social characteristics promoted by the financial product are attained.
The fund promotes environmental and social characteristics by investing in securities of issuers with favourable ESG characteristics. Favourable ESG characteristics are determined by reference to ESG ratings. ESG ratings consider environmental characteristics including carbon intensity, carbon emissions, energy efficiency, water and waste management and biodiversity, as well as social characteristics including product safety, supply chain, health and safety and human rights.
The fund partially intends to make sustainable investments.
No reference benchmark has been designated for the purpose of attaining the environmental and social characteristics promoted.
What sustainability indicators are used to measure the attainment of each of the environmental or social characteristics promoted by this financial product?
The fund uses the following sustainability indicators in order to measure the attainment of the environmental or social characteristics that it promotes:
- the percentage of the fund invested in securities of issuers with favourable ESG characteristics in accordance with Fidelity’s Sustainable Investing Framework;
- in respect of its direct investments, the percentage of the fund invested in securities of issuers with exposure to the Exclusions (as defined below);
- the percentage of the fund invested in sustainable investments;
- the percentage of the fund invested in sustainable investments with an environmental objective in economic activities (that do not qualify as environmentally sustainable under the EU Taxonomy); and
- the percentage of the fund invested in sustainable investments with a social objective.

What are the objectives of the sustainable investments that the financial product partially intends to make and how does the sustainable investment contribute to such objectives?
The fund determines a sustainable investment as follows:
- issuers that undertake economic activities that contribute to one or more of the environmental objectives set out in the EU Taxonomy and qualify as environmentally sustainable in accordance with EU Taxonomy; or
- issuers whereby the majority of their business activities (more than 50% of revenue) contribute to environmental or social objectives aligned with one or more of the United Nations Sustainable Development Goals (“SDGs”); or
- issuers which have set a decarbonisation target consistent with a 1.5 degree warming scenario or lower (verified by the Science Based Target Initiative or a Fidelity Proprietary Climate Rating) which would be considered to contribute to environmental objectives;provided they do no significant harm, meet minimum safeguards and good governance criteria.

How do the sustainable investments that the financial product partially intends to make, not cause significant harm to any environmental or social sustainable investment objective?
Sustainable investments are screened for involvement in activities that cause significant harm and controversies, assessed through a check that the issuer meets minimum safeguards and standards that relate to principal adverse impacts (PAIs) as well as for performance on PAI metrics. This includes:
- Norms-based screens - the screening out of securities identified under Fidelity’s norms based screens (as set out below);
- Activity-based screens - the screening out of issuers based on their participation in activities with significant negative impacts on society or the environment, including issuers that are considered to have a ‘Very Severe’ controversy using controversy screens, covering
- environmental issues,
- human rights and communities,
- labour rights and supply chain,
- customers,
- governance; and
	- PAI indicators - quantitative data (where available) on PAI indicators is used to evaluate whether an issuer is involved in activities that cause significant harm to any environmental or social objective.


Principal adverse impacts are the most significant negative impacts of investment decisions on sustainability factors relating to environmental, social and employee matters, respect for human rights, anti- corruption and anti- bribery matters.
How have the indicators for adverse impacts on sustainability factors been taken into account?
For sustainable investments, as set out above, Fidelity undertakes a quantitative evaluation that identifies entities with challenging performance on PAI indicators. Issuers with a low score will be ineligible to be ‘sustainable investments’ unless Fidelity’s fundamental research determines that the issuer is not breaching “do no significant harm” requirements or is on the path to mitigate the adverse impacts through effective management or transition.
How are the sustainable investments aligned with the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights? Details:
Norms-based screens are applied: Issuers identified as failing to behave in a way which meets their fundamental responsibilities in the areas of human rights, labour, environmental and anti-corruption as aligned with international norms including those set out by the OECD Guidelines for Multinational Enterprises, the UN Guiding Principles on Business and Human Rights, the UN Global Compact (UNGC) and the International Labour Organisation (ILO) Conventions, are not considered sustainable investments.
The EU Taxonomy sets out a “do not significant harm” principle by which Taxonomy-aligned investments should not significantly harm EU Taxonomy objectives and is accompanied by specific EU criteria.
The “do no significant harm” principle applies only to those investments underlying the financial product that take into account the EU criteria for environmentally sustainable economic activities. The investments underlying the remaining portion of this financial product do not take into account the EU criteria for environmentally sustainable economic activities.
Any other sustainable investments must also not significantly harm any environmental or social objectives.

###### Does this financial product consider principal adverse impacts on sustainability factors?
Yes
- NoConsideration of the principal adverse impacts on sustainability factors of investment decisions (referred to as principal adverse impacts) is incorporated through a variety of tools, including:
- Due Diligence - analysis of whether impacts on sustainability factors are material and negative.
- ESG rating - Fidelity references ESG ratings which incorporate consideration of material principal adverse impacts such as carbon emissions, employee safety and bribery and corruption, water management and, for sovereign issued securities, ratings used incorporate consideration of material principal adverse impacts such as carbon emissions, social violations and freedom of expression.
- Exclusions - When investing directly in corporate issuers, the fund applies the Exclusions (as defined below) to help mitigate the principal adverse impacts through excluding harmful sectors and prohibiting investment in issuers that breach international standards, such as the UNGC.
- Engagement - Fidelity uses engagement as a tool to better understand principal adverse impacts and, in some circumstances, advocate for mitigating the principal adverse impacts. Fidelity participates in relevant individual and collaborative engagements that target a number of principal adverse impacts (i.e. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Voting - Fidelity’s voting policy includes explicit minimum standards for board gender diversity and engagement with climate change for corporate issuers. Fidelity may also vote to help mitigate principal adverse impacts.
- Quarterly reviews - monitoring of principal adverse impacts through the fund’s quarterly review process.

Fidelity takes into account specific indicators for each sustainability factor when considering whether investments have a principal adverse impact. These indicators are subject to data availability and may evolve with improving data quality and availability.
Information on principal adverse impacts will be available in the annual report of the fund.
The investment strategy guides investment decisions based on factors such as investments objectives and risk tolerance.

######  What investment strategy does this financial product follow?
The fund is part of the Fidelity Sustainable Family of funds and adopts a Sustainable Focused strategy under which a minimum of 70% of the fund’s assets will be invested in securities with favourable ESG characteristics.
Favourable ESG characteristics are determined by reference to ESG ratings provided by external agencies and Fidelity ESG ratings.
Issuers that are not assessed as having favourable ESG characteristics for the purposes of the primary objective (minimum 70% of assets) are eligible for inclusion, with up to 30% of assets, provided they are able to demonstrate that they are on an improving trajectory with respect to their ESG characteristics.
The average ESG rating of the fund will exceed the average ESG rating of the fund’s investment universe, as represented by the TOPIX Total Return Index (the "Index") (for the purpose of this calculation), after the exclusion of 20% of the assets with the lowest ESG ratings.
In addition, the Investment Manager will exclude investment in issuers with a Fidelity ESG ratings of ‘C’ or below.
Within this investment universe, the Investment Manager selects stocks through rigorous bottom-up financial analysis and valuation to select stocks with strong investment return potential.
In respect of its direct investments, the fund is subject to:
- a firm-wide exclusions list, which includes cluster munitions and anti-personnel landmines, and
- a principle-based screening policy which includes:
	- norms-based screening of issuers which the Investment Manager considers have failed to conduct their business in accordance with international norms, including as set out in the UNGC; and
	- negative screening of certain sectors, issuers or practices based on specific ESG criteria where revenue thresholds may be applied.


The above exclusions and screens (the “Exclusions”) may be updated from time to time. Please refer to the website for further information Sustainable investing framework(fidelityinternational.com).
The Investment Manager also has discretion to implement enhanced, stricter sustainable requirements and exclusions from time to time.
What are the binding elements of the investment strategy used to select the investments to attain each of the environmental or social characteristics promoted by this financial product?
The fund will invest:
- a minimum of 70% of its assets in issuers with favourable ESG characteristics,
- a minimum of 25% in sustainable investments of which a minimum of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 5% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 5% have a social objective.

The fund assesses the ESG characteristics of at least 90% of its assets. The average ESG rating of the fund will exceed the average ESG rating of the fund’s investment universe, as represented by the Index (as defined above), after the exclusion of 20% of the assets with the lowest ESG ratings.
In addition, the fund will systematically apply the Exclusions to direct investments as described above.
What is the committed minimum rate to reduce the scope of the investments considered prior to the application of that investment strategy?
This question is not applicable.
Good governance practices include sound management structures, employee relations, remuneration of staff and tax compliance.
What is the policy to assess good governance practices of the investee companies?
The governance practices of issuers are assessed using fundamental research, including Fidelity ESG ratings, data regarding controversies and UN Global Compact violations.
Key points that are analysed include track record of capital allocation, financial transparency, related party transactions, board independence and size, executive pay, auditors and internal oversight, minority shareholder rights, among other indicators.

###### What is the asset allocation planned for this financial product?
Asset allocation describes the share of investments in specific assets.
Taxonomy-aligned activities are expressed as a share of:
- turnover reflecting the share of revenue from green activities of investee companies
- capital expenditure (CapEx) showing the green investments made by investee companies,e.g. for a transition to a green economy.

- operational expenditure (OpEx) reflecting green operational activities of investee companies.
(#1 Aligned with E/S characteristics) The fund will invest:
- a minimum of 70% of its assets in securities of issuers with favourable ESG characteristics;
- a minimum of 25% of its assets in sustainable investments (#1A sustainable) of which a minimum of of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 5% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 5% have a social objective. The remaining sustainable investments of the fund may have an environmental or social objective.

(#1B Other E/S characteristics) Includes securities of issuers with favourable ESG characteristics but are not sustainable investments.
How does the use of derivatives attain the environmental or social characteristics promoted by the financial product?
Where the security underlying a derivative has favourable ESG characteristics in accordance with Fidelity's Sustainable Investing Framework, the derivative may be included in determining the proportion of the fund dedicated to promotion of environmental or social characteristics.
To what minimum extent are sustainable investments with an environmental objective aligned with the EU Taxonomy?
The fund invests a minimum of 0% in sustainable investments with an environmental objective aligned with the EU Taxonomy.
The compliance of the investments of the fund with the EU Taxonomy will not be subject to an assurance by auditors or a review by third parties.
The EU Taxonomy alignment of the underlying investments of the fund is measured by turnover.
Does the financial product invest in fossil gas and/or nuclear energy-related activities that comply with the EU Taxonomy¹?
- YesNo
- In fossil gas	In nuclear energyWhat is the minimum share of investments in transitional and enabling activities?

The fund invests a minimum of 0% in transitional activities and a minimum of 0% in enabling activities.
What is the minimum share of sustainable investments with an environmental objective that are not aligned with the EU Taxonomy?
The fund invests a minimum of 5% in sustainable investments with an environmental objective that is not aligned with the EU Taxonomy.
Investments could be aligned with the EU Taxonomy but the Investment Manager is not currently in a position to specify the exact proportion of the fund’s underlying investments which take into account the EU criteria for environmentally sustainable economic activities. However, the position will be kept under review as the underlying rules are finalised and the availability of reliable data increases over time.
¹Fossil gas and/or nuclear related activities will only comply with the EU Taxonomy where they contribute to limiting climate change (“climate change mitigation”) and do not significantly harm any EU Taxonomy objectives - see explanatory note in the left hand margin. The full criteria for fossil gas and nuclear energy economic activities that comply with the EU Taxonomy are laid down in Commission Delegated Regulation (EU) 2022/1214.
What is the minimum share of socially sustainable investments?
The fund invests a minimum of 5% in sustainable investments with a social objective.
What investments are included under “#2 Other”, what is their purpose and are there any minimum environmental or social safeguards?
The remaining investments of the fund may be invested in securities of issuers that are able to demonstrate that they are on an improving trajectory with respect to their ESG characteristics, as well as cash and cash equivalents for liquidity purposes and derivatives which may be used for investment and efficient portfolio management.
As a minimum environmental and social safeguard, the fund will adhere to the Exclusions.

###### Is a specific index designated as a reference benchmark to determine whether this financial product is aligned with the environmental and/or social characteristics that it promotes?
An index has not been designated as a reference benchmark to determine whether this financial product is aligned with the environmental or social characteristics that it promotes.
Reference benchmarks are indexes to measure whether the financial product attains the environmental or social characteristics that they promote.
How is the reference benchmark continuously aligned with each of the environmental or social characteristics promoted by the financial product?
This question is not applicable.
How is the alignment of the investment strategy with the methodology of the index ensured on a continuous basis?
This question is not applicable.
How does the designated index differ from a relevant broad market index?
This question is not applicable.
Where can the methodology used for the calculation of the designated index be found?
This question is not applicable.

###### 	Where can I find more product specific information online?
More product-specific information can be found on the website: https:/www.fidelity.lu/funds/factsheet/LU0251130042/tab-disclosure#SFDR-disclosure. 
Further information on the methodologies set out herein is available on the website: Sustainable investing framework (fidelityinternational.com).
Pre-contractual disclosure for the financial products referred to in Article 8, paragraphs 1, 2 and 2a, of Regulation (EU) 2019/2088 and Article 6, first paragraph, of Regulation (EU) 2020/852
Product name:	Legal entity identifier:
Fidelity Funds - China Consumer Fund	5493007PTUTOK6CJU119

###### Environmental and/or social characteristics
| Does this financial product have a sustainable investment objective? |
| --- |
|  | - Yes
 |  | No |
| - It will make a minimum of sustainable investments with an environmental objective:%
- in economic activities that qualify as environmentally sustainable under the EU Taxonomy
- in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
- It will make a minimum of sustainable investments with a social objective:%
 | It promotes Environmental/Social (E/S) characteristics and while it does not have as its objective a sustainable investment, it will have a minimum proportion of 5% of sustainable investments - with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomywith an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomywith a social objective
- It promotes E/S characteristics, but will not make any sustainable investments
 |

What environmental and/or social characteristics are promoted by this financial product?
Sustainability indicators measure how the environmental or social characteristics promoted by the financial product are attained.
The fund promotes environmental and social characteristics by investing in securities of issuers with favourable ESG characteristics. Favourable ESG characteristics are determined by reference to ESG ratings. ESG ratings consider environmental characteristics including carbon intensity, carbon emissions, energy efficiency, water and waste management and biodiversity, as well as social characteristics including product safety, supply chain, health and safety and human rights.
The fund partially intends to make sustainable investments.
No reference benchmark has been designated for the purpose of attaining the environmental and social characteristics promoted.
What sustainability indicators are used to measure the attainment of each of the environmental or social characteristics promoted by this financial product?
The fund uses the following sustainability indicators in order to measure the attainment of the environmental or social characteristics that it promotes:
- the percentage of the fund invested in securities of issuers with favourable ESG characteristics in accordance with Fidelity’s Sustainable Investing Framework;
- in respect of its direct investments in corporate issuers, the percentage of the fund invested in securities of issuers with exposure to the Exclusions (defined below);
- the percentage of the fund invested in sustainable investments;
- the percentage of the fund invested in sustainable investments with an environmental objective in economic activities (that do not qualify as environmentally sustainable under the EU Taxonomy); and
- the percentage of the fund invested in sustainable investments with a social objective.

What are the objectives of the sustainable investments that the financial product partially intends to make and how does the sustainable investment contribute to such objectives?
The fund determines a sustainable investment as follows:
- issuers that undertake economic activities that contribute to one or more of the environmental objectives set out in the EU Taxonomy and qualify as environmentally sustainable in accordance with EU Taxonomy; or
- issuers whereby the majority of their business activities (more than 50% of revenue) contribute to environmental or social objectives aligned with one or more of the United Nations Sustainable Development Goals (“SDGs”); or
- issuers which have set a decarbonisation target consistent with a 1.5 degree warming scenario or lower (verified by the Science Based Target Initiative or a Fidelity Proprietary Climate Rating) which would be considered to contribute to environmental objectives;provided they do no significant harm, meet minimum safeguards and good governance criteria.

How do the sustainable investments that the financial product partially intends to make, not cause significant harm to any environmental or social sustainable investment objective?
Sustainable investments are screened for involvement in activities that cause significant harm and controversies, assessed through a check that the issuer meets minimum safeguards and standards that relate to principal adverse impacts (PAIs) as well as performance on PAI metrics. This includes:
- Norms-based screens - the screening out of securities identified under Fidelity’s existing norms-based screens (as set out below);
- Activity-based screens - the screening out of issuers based on their participation in activities with significant negative impacts on society or the environment, including issuers that are considered to have a ‘Very Severe’ controversy using controversy screens, covering
- environmental issues,
- human rights and communities,
- labour rights and supply chain,
- customers,
- governance; and
	- PAI indicators - quantitative data (where available) on PAI indicators is used to evaluate whether an issuer is involved in activities that cause significant harm to any environmental or social objective.


Principal adverse impacts are the most significant negative impacts of investment decisions on sustainability factors relating to environmental, social and employee matters, respect for human rights, anti- corruption and anti- bribery matters.
How have the indicators for adverse impacts on sustainability factors been taken into account?
For sustainable investments, as set out above, Fidelity undertakes a quantitative evaluation to identify issuers with challenging performance on PAI indicators. Issuers with a low score will be ineligible to be ‘sustainable investments’ unless Fidelity’s fundamental research determines that the issuer is not breaching “do no significant harm” requirements, or is on the path to mitigate the adverse impacts through effective management or transition.
How are the sustainable investments aligned with the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights? Details:
Norms-based screens are applied: Issuers identified as failing to behave in a way which meets their fundamental responsibilities in the areas of human rights, labour, environmental and anti-corruption as aligned with international norms including those set out by the OECD Guidelines for Multinational Enterprises, the UN Guiding Principles on Business and Human Rights, the UN Global Compact (UNGC) and the International Labour Organisation (ILO) Conventions, are not considered sustainable investments.
The EU Taxonomy sets out a “do not significant harm” principle by which Taxonomy-aligned investments should not significantly harm EU Taxonomy objectives and is accompanied by specific EU criteria.
The “do no significant harm” principle applies only to those investments underlying the financial product that take into account the EU criteria for environmentally sustainable economic activities. The investments underlying the remaining portion of this financial product do not take into account the EU criteria for environmentally sustainable economic activities.
Any other sustainable investments must also not significantly harm any environmental or social objectives.

###### Does this financial product consider principal adverse impacts on sustainability factors?
Yes
- NoConsideration of the principal adverse impacts on sustainability factors of investment decisions (referred to as principal adverse impacts) is incorporated through a variety of tools, including:
- Due Diligence - analysis of whether impacts on sustainability factors are material and negative.
- ESG rating - Fidelity references ESG ratings which incorporate consideration of material principal adverse impacts such as carbon emissions, employee safety and bribery and corruption, water management and, for sovereign issued securities, ratings used incorporate consideration of material principal adverse impacts such as carbon emissions, social violations and freedom of expression.
- Exclusions - When investing directly in corporate issuers, the fund applies the Exclusions (as defined below) to help mitigate the principal adverse impacts through excluding harmful sectors and prohibiting investment in issuers that breach international standards, such as the UNGC.
- Engagement - Fidelity uses engagement as a tool to better understand principal adverse impacts and, in some circumstances, advocate for mitigating the principal adverse impacts. Fidelity participates in relevant individual and collaborative engagements that target a number of principal adverse impacts (i.e. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Voting - Fidelity’s voting policy includes explicit minimum standards for board gender diversity and engagement with climate change for corporate issuers. Fidelity may also vote to help mitigate principal adverse impacts.
- Quarterly reviews - monitoring of principal adverse impacts through the fund’s quarterly review process.

Fidelity takes into account specific indicators for each sustainability factor when considering whether investments have a principal adverse impact. These indicators are subject to data availability and may evolve with improving data quality and availability.
Information on principal adverse impacts will be available in the annual report of the fund.
The investment strategy guides investment decisions based on factors such as investments objectives and risk tolerance.

######  What investment strategy does this financial product follow?
A minimum of 50% of the fund’s assets will be invested in securities with favourable ESG characteristics.
Favourable ESG characteristics are determined by reference to ESG ratings provided by external agencies and Fidelity ESG ratings.
Within this investment universe, the Investment Manager selects stocks through rigorous bottom-up financial analysis and valuation to select stocks with strong investment return potential.
In respect of its direct investments in corporate issuers, the fund is subject to:
- a firm-wide exclusions list, which includes cluster munitions and anti-personnel landmines, and
- a norms-based screening of issuers which the Investment Manager considers have failed to conduct their business in accordance with international norms, including as set out in the UNGC.

The above exclusions and screens (the “Exclusions”) may be updated from time to time. Please refer to the website for further information Sustainable investing framework(fidelityinternational.com).
The Investment Manager also has discretion to implement enhanced, stricter sustainable requirements and exclusions from time to time.
What are the binding elements of the investment strategy used to select the investments to attain each of the environmental or social characteristics promoted by this financial product?
The fund will invest:
- a minimum of 50% of its assets in issuers with favourable ESG characteristics,
- a minimum of 5% in sustainable investments of which a minimum of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 1% have a social objective.

In addition, the fund will systematically apply the Exclusions as described above.
What is the committed minimum rate to reduce the scope of the investments considered prior to the application of that investment strategy?
This question is not applicable.
Good governance practices include sound management structures, employee relations, remuneration of staff and tax compliance.
What is the policy to assess good governance practices of the investee companies?
The governance practices of issuers are assessed using fundamental research, including Fidelity ESG ratings, data regarding controversies and UN Global Compact violations.
Key points that are analysed include track record of capital allocation, financial transparency, related party transactions, board independence and size, executive pay, auditors and internal oversight, minority shareholder rights, among other indicators.
Asset allocation describes the share of investments in specific assets.
Taxonomy-aligned activities are expressed as a share of:
- turnover reflecting the share of revenue from green activities of investee companies
- capital expenditure (CapEx) showing the green investments made by investee companies,e.g. for a transition to a green economy.

- operational expenditure (OpEx) reflecting green operational activities of investee companies.

###### 	What is the asset allocation planned for this financial product?
(#1 Aligned with E/S characteristics) The fund aims to invest:
- a minimum of 50% of its assets in securities of issuers with favourable ESG characteristics,
- A minimum of 5% of its assets in sustainable investments (#1A sustainable) of which a minimum of of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 1% have a social objective. The remaining sustainable investments of the fund may have an environmental or social objective.

(#1B Other E/S characteristics) Includes securities of issuers with favourable ESG characteristics but are not sustainable investments.
How does the use of derivatives attain the environmental or social characteristics promoted by the financial product?
Where the security underlying a derivative has favourable ESG characteristics in accordance with Fidelity's Sustainable Investing Framework, the derivative may be included in determining the proportion of the fund dedicated to promotion of environmental or social characteristics.
To what minimum extent are sustainable investments with an environmental objective aligned with the EU Taxonomy?
The fund invests a minimum of 0% in sustainable investments with an environmental objective aligned with the EU Taxonomy.
The compliance of the investments of the fund with the EU Taxonomy will not be subject to an assurance by auditors or a review by third parties.
The EU Taxonomy alignment of the underlying investments of the fund is measured by turnover.
Does the financial product invest in fossil gas and/or nuclear energy-related activities that comply with the EU Taxonomy¹?
- YesNo
- In fossil gas	In nuclear energyWhat is the minimum share of investments in transitional and enabling activities?

The fund invests a minimum of 0% in transitional activities and a minimum of 0% in enabling activities.
What is the minimum share of sustainable investments with an environmental objective that are not aligned with the EU Taxonomy?
The fund invests a minimum of 1% in sustainable investments with an environmental objective that is not aligned with the EU Taxonomy.
Investments could be aligned with the EU Taxonomy but the Investment Manager is not currently in a position to specify the exact proportion of the fund’s underlying investments which take into account the EU criteria for environmentally sustainable economic activities. However, the position will be kept under review as the underlying rules are finalised and the availability of reliable data increases over time.
¹Fossil gas and/or nuclear related activities will only comply with the EU Taxonomy where they contribute to limiting climate change (“climate change mitigation”) and do not significantly harm any EU Taxonomy objectives - see explanatory note in the left hand margin. The full criteria for fossil gas and nuclear energy economic activities that comply with the EU Taxonomy are laid down in Commission Delegated Regulation (EU) 2022/1214.
What is the minimum share of socially sustainable investments?
The fund invests a minimum of 1% in sustainable investments with a social objective.
What investments are included under “#2 Other”, what is their purpose and are there any minimum environmental or social safeguards?
The remaining investments of the fund will be invested in assets aligned with the financial objective of the fund, cash and cash equivalents for liquidity purposes and derivatives which may be used for investment and efficient portfolio management.
As a minimum environmental and social safeguard, the fund will adhere to the Exclusions.

###### Is a specific index designated as a reference benchmark to determine whether this financial product is aligned with the environmental and/or social characteristics that it promotes?
An index has not been designated as a reference benchmark to determine whether this financial product is aligned with the environmental or social characteristics that it promotes.
Reference benchmarks are indexes to measure whether the financial product attains the environmental or social characteristics that they promote.
How is the reference benchmark continuously aligned with each of the environmental or social characteristics promoted by the financial product?
This question is not applicable.
How is the alignment of the investment strategy with the methodology of the index ensured on a continuous basis?
This question is not applicable.
How does the designated index differ from a relevant broad market index?
This question is not applicable.
Where can the methodology used for the calculation of the designated index be found?
This question is not applicable.

###### 	Where can I find more product specific information online?
More product-specific information can be found on the website: https:/www.fidelity.lu/funds/factsheet/LU0594300096/tab-disclosure#SFDR-disclosure. 
Further information on the methodologies set out herein is available on the website: Sustainable investing framework (fidelityinternational.com).
Pre-contractual disclosure for the financial products referred to in Article 8, paragraphs 1, 2 and 2a, of Regulation (EU) 2019/2088 and Article 6, first paragraph, of Regulation (EU) 2020/852
Product name:	Legal entity identifier:
Fidelity Funds - China Focus Fund	549300N4B16KH4R75H69

###### Environmental and/or social characteristics
| Does this financial product have a sustainable investment objective? |
| --- |
|  | - Yes
 |  | No |
| - It will make a minimum of sustainable investments with an environmental objective:%
- in economic activities that qualify as environmentally sustainable under the EU Taxonomy
- in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
- It will make a minimum of sustainable investments with a social objective:%
 | It promotes Environmental/Social (E/S) characteristics and while it does not have as its objective a sustainable investment, it will have a minimum proportion of 10% of sustainable investments - with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomywith an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomywith a social objective
- It promotes E/S characteristics, but will not make any sustainable investments
 |

What environmental and/or social characteristics are promoted by this financial product?
Sustainability indicators measure how the environmental or social characteristics promoted by the financial product are attained.
The fund promotes environmental and social characteristics by investing in securities of issuers with favourable ESG characteristics. Favourable ESG characteristics are determined by reference to ESG ratings. ESG ratings consider environmental characteristics including carbon intensity, carbon emissions, energy efficiency, water and waste management and biodiversity, as well as social characteristics including product safety, supply chain, health and safety and human rights.
The fund partially intends to make sustainable investments.
No reference benchmark has been designated for the purpose of attaining the environmental and social characteristics promoted.
What sustainability indicators are used to measure the attainment of each of the environmental or social characteristics promoted by this financial product?
The fund uses the following sustainability indicators in order to measure the attainment of the environmental or social characteristics that it promotes:
- the percentage of the fund invested in securities of issuers with favourable ESG characteristics in accordance with Fidelity’s Sustainable Investing Framework;
- in respect of its direct investments in corporate issuers, the percentage of the fund invested in securities of issuers with exposure to the Exclusions (defined below);
- the percentage of the fund invested in sustainable investments;
- the percentage of the fund invested in sustainable investments with an environmental objective in economic activities (that do not qualify as environmentally sustainable under the EU Taxonomy); and
- the percentage of the fund invested in sustainable investments with a social objective.

What are the objectives of the sustainable investments that the financial product partially intends to make and how does the sustainable investment contribute to such objectives?
The fund determines a sustainable investment as follows:
- issuers that undertake economic activities that contribute to one or more of the environmental objectives set out in the EU Taxonomy and qualify as environmentally sustainable in accordance with EU Taxonomy; or
- issuers whereby the majority of their business activities (more than 50% of revenue) contribute to environmental or social objectives aligned with one or more of the United Nations Sustainable Development Goals (“SDGs”); or
- issuers which have set a decarbonisation target consistent with a 1.5 degree warming scenario or lower (verified by the Science Based Target Initiative or a Fidelity Proprietary Climate Rating) which would be considered to contribute to environmental objectives;provided they do no significant harm, meet minimum safeguards and good governance criteria.

How do the sustainable investments that the financial product partially intends to make, not cause significant harm to any environmental or social sustainable investment objective?
Sustainable investments are screened for involvement in activities that cause significant harm and controversies, assessed through a check that the issuer meets minimum safeguards and standards that relate to principal adverse impacts (PAIs) as well as performance on PAI metrics. This includes:
- Norms-based screens - the screening out of securities identified under Fidelity’s existing norms-based screens (as set out below);
- Activity-based screens - the screening out of issuers based on their participation in activities with significant negative impacts on society or the environment, including issuers that are considered to have a ‘Very Severe’ controversy using controversy screens, covering
- environmental issues,
- human rights and communities,
- labour rights and supply chain,
- customers,
- governance; and
	- PAI indicators - quantitative data (where available) on PAI indicators is used to evaluate whether an issuer is involved in activities that cause significant harm to any environmental or social objective.


Principal adverse impacts are the most significant negative impacts of investment decisions on sustainability factors relating to environmental, social and employee matters, respect for human rights, anti- corruption and anti- bribery matters.
How have the indicators for adverse impacts on sustainability factors been taken into account?
For sustainable investments, as set out above, Fidelity undertakes a quantitative evaluation to identify issuers with challenging performance on PAI indicators. Issuers with a low score will be ineligible to be ‘sustainable investments’ unless Fidelity’s fundamental research determines that the issuer is not breaching “do no significant harm” requirements, or is on the path to mitigate the adverse impacts through effective management or transition.
How are the sustainable investments aligned with the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights? Details:
Norms-based screens are applied: Issuers identified as failing to behave in a way which meets their fundamental responsibilities in the areas of human rights, labour, environmental and anti-corruption as aligned with international norms including those set out by the OECD Guidelines for Multinational Enterprises, the UN Guiding Principles on Business and Human Rights, the UN Global Compact (UNGC) and the International Labour Organisation (ILO) Conventions, are not considered sustainable investments.
The EU Taxonomy sets out a “do not significant harm” principle by which Taxonomy-aligned investments should not significantly harm EU Taxonomy objectives and is accompanied by specific EU criteria.
The “do no significant harm” principle applies only to those investments underlying the financial product that take into account the EU criteria for environmentally sustainable economic activities. The investments underlying the remaining portion of this financial product do not take into account the EU criteria for environmentally sustainable economic activities.
Any other sustainable investments must also not significantly harm any environmental or social objectives.

###### Does this financial product consider principal adverse impacts on sustainability factors?
Yes
- NoConsideration of the principal adverse impacts on sustainability factors of investment decisions (referred to as principal adverse impacts) is incorporated through a variety of tools, including:
- Due Diligence - analysis of whether impacts on sustainability factors are material and negative.
- ESG rating - Fidelity references ESG ratings which incorporate consideration of material principal adverse impacts such as carbon emissions, employee safety and bribery and corruption, water management and, for sovereign issued securities, ratings used incorporate consideration of material principal adverse impacts such as carbon emissions, social violations and freedom of expression.
- Exclusions - When investing directly in corporate issuers, the fund applies the Exclusions (as defined below) to help mitigate the principal adverse impacts through excluding harmful sectors and prohibiting investment in issuers that breach international standards, such as the UNGC.
- Engagement - Fidelity uses engagement as a tool to better understand principal adverse impacts and, in some circumstances, advocate for mitigating the principal adverse impacts. Fidelity participates in relevant individual and collaborative engagements that target a number of principal adverse impacts (i.e. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Voting - Fidelity’s voting policy includes explicit minimum standards for board gender diversity and engagement with climate change for corporate issuers. Fidelity may also vote to help mitigate principal adverse impacts.
- Quarterly reviews - monitoring of principal adverse impacts through the fund’s quarterly review process.

Fidelity takes into account specific indicators for each sustainability factor when considering whether investments have a principal adverse impact. These indicators are subject to data availability and may evolve with improving data quality and availability.
Information on principal adverse impacts will be available in the annual report of the fund.
The investment strategy guides investment decisions based on factors such as investments objectives and risk tolerance.

######  What investment strategy does this financial product follow?
A minimum of 50% of the fund’s assets will be invested in securities with favourable ESG characteristics.
Favourable ESG characteristics are determined by reference to ESG ratings provided by external agencies and Fidelity ESG ratings.
Within this investment universe, the investment manager selects stocks through rigorous bottom-up financial analysis and valuation to select stocks with strong investment return potential.
In respect of its direct investments in corporate issuers, the fund is subject to:
- a firm-wide exclusions list, which includes cluster munitions and anti-personnel landmines, and
- a norms-based screening of issuers which the investment manager considers have failed to conduct their business in accordance with international norms, including as set out in the UNGC.

The above exclusions and screens (the “Exclusions”) may be updated from time to time. Please refer to the website for further information Sustainable investing framework(fidelityinternational.com).
The investment manager also has discretion to implement enhanced, stricter sustainable requirements and exclusions from time to time.
What are the binding elements of the investment strategy used to select the investments to attain each of the environmental or social characteristics promoted by this financial product?
The fund will invest:
- a minimum of 50% of its assets in issuers with favourable ESG characteristics,
- a minimum of 10% in sustainable investments of which a minimum of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 1% have a social objective.

In addition, the fund will systematically apply the Exclusions as described above.
What is the committed minimum rate to reduce the scope of the investments considered prior to the application of that investment strategy?
This question is not applicable.
Good governance practices include sound management structures, employee relations, remuneration of staff and tax compliance.
What is the policy to assess good governance practices of the investee companies?
The governance practices of issuers are assessed using fundamental research, including Fidelity ESG ratings, data regarding controversies and UN Global Compact violations.
Key points that are analysed include track record of capital allocation, financial transparency, related party transactions, board independence and size, executive pay, auditors and internal oversight, minority shareholder rights, among other indicators.
Asset allocation describes the share of investments in specific assets.
Taxonomy-aligned activities are expressed as a share of:
- turnover reflecting the share of revenue from green activities of investee companies
- capital expenditure (CapEx) showing the green investments made by investee companies,e.g. for a transition to a green economy.

- operational expenditure (OpEx) reflecting green operational activities of investee companies.

###### 	What is the asset allocation planned for this financial product?
(#1 aligned with E/S characteristics) The fund aims to invest:
- a minimum of 50% of its assets in securities of issuers with favourable ESG characteristics,
- A minimum of 10% in sustainable investments (#1A sustainable) of which a minimum ofof 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 1% have a social objective. The remaining sustainable investments of the fund may have an environmental or social objective.

(#1B Other E/S characteristics) Includes securities of issuers with favourable ESG characteristics but are not sustainable investments.
How does the use of derivatives attain the environmental or social characteristics promoted by the financial product?
Where the security underlying a derivative has favourable ESG characteristics in accordance with Fidelity's Sustainable Investing Framework, the derivative may be included in determining the proportion of the fund dedicated to promotion of environmental or social characteristics.
To what minimum extent are sustainable investments with an environmental objective aligned with the EU Taxonomy?
The fund invests a minimum of 0% in sustainable investments with an environmental objective aligned with the EU Taxonomy.
The compliance of the investments of the fund with the EU Taxonomy will not be subject to an assurance by auditors or a review by third parties.
The EU Taxonomy alignment of the underlying investments of the fund is measured by turnover.
Does the financial product invest in fossil gas and/or nuclear energy-related activities that comply with the EU Taxonomy¹?
- YesNo
- In fossil gas	In nuclear energyWhat is the minimum share of investments in transitional and enabling activities?

The fund invests a minimum of 0% in transitional activities and a minimum of 0% in enabling activities.
What is the minimum share of sustainable investments with an environmental objective that are not aligned with the EU Taxonomy?
The fund invests a minimum of 1% in sustainable investments with an environmental objective that is not aligned with the EU Taxonomy.
Investments could be aligned with the EU Taxonomy but the investment manager is not currently in a position to specify the exact proportion of the fund’s underlying investments which take into account the EU criteria for environmentally sustainable economic activities. However, the position will be kept under review as the underlying rules are finalised and the availability of reliable data increases over time.
¹Fossil gas and/or nuclear related activities will only comply with the EU Taxonomy where they contribute to limiting climate change (“climate change mitigation”) and do not significantly harm any EU Taxonomy objectives - see explanatory note in the left hand margin. The full criteria for fossil gas and nuclear energy economic activities that comply with the EU Taxonomy are laid down in Commission Delegated Regulation (EU) 2022/1214.
What is the minimum share of socially sustainable investments?
The fund invests a minimum of 1% in sustainable investments with a social objective.
What investments are included under “#2 Other”, what is their purpose and are there any minimum environmental or social safeguards?
The remaining investments of the fund will be invested in assets aligned with the financial objective of the fund, cash and cash equivalents for liquidity purposes and derivatives which may be used for investment and efficient portfolio management.
As a minimum environmental and social safeguard, the fund will adhere to the Exclusions.

###### Is a specific index designated as a reference benchmark to determine whether this financial product is aligned with the environmental and/or social characteristics that it promotes?
An index has not been designated as a reference benchmark to determine whether this financial product is aligned with the environmental or social characteristics that it promotes.
Reference benchmarks are indexes to measure whether the financial product attains the environmental or social characteristics that they promote.
How is the reference benchmark continuously aligned with each of the environmental or social characteristics promoted by the financial product?
This question is not applicable.
How is the alignment of the investment strategy with the methodology of the index ensured on a continuous basis?
This question is not applicable.
How does the designated index differ from a relevant broad market index?
This question is not applicable.
Where can the methodology used for the calculation of the designated index be found?
This question is not applicable.

###### 	Where can I find more product specific information online?
More product-specific information can be found on the website: https:/www.fidelity.lu/funds/factsheet/LU0318931192/tab-disclosure#SFDR-disclosure
Further information on the methodologies set out herein is available on the website: Sustainable investing framework (fidelityinternational.com).
Pre-contractual disclosure for the financial products referred to in Article 8, paragraphs 1, 2 and 2a, of Regulation (EU) 2019/2088 and Article 6, first paragraph, of Regulation (EU) 2020/852
Product name:	Legal entity identifier:
Fidelity Funds - China Innovation Fund	549300IV1SMG8Q6CJU79

###### Environmental and/or social characteristics
| Does this financial product have a sustainable investment objective? |
| --- |
|  | - Yes
 |  | No |
| - It will make a minimum of sustainable investments with an environmental objective:%
- in economic activities that qualify as environmentally sustainable under the EU Taxonomy
- in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
- It will make a minimum of sustainable investments with a social objective:%
 | It promotes Environmental/Social (E/S) characteristics and while it does not have as its objective a sustainable investment, it will have a minimum proportion of 10% of sustainable investments - with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomywith an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomywith a social objective
- It promotes E/S characteristics, but will not make any sustainable investments
 |

What environmental and/or social characteristics are promoted by this financial product?
Sustainability indicators measure how the environmental or social characteristics promoted by the financial product are attained.
The fund promotes environmental and social characteristics by investing in securities of issuers with favourable ESG characteristics. Favourable ESG characteristics are determined by reference to ESG ratings. ESG ratings consider environmental characteristics including carbon intensity, carbon emissions, energy efficiency, water and waste management and biodiversity, as well as social characteristics including product safety, supply chain, health and safety and human rights.
The fund partially intends to make sustainable investments.
No reference benchmark has been designated for the purpose of attaining the environmental and social characteristics promoted.
What sustainability indicators are used to measure the attainment of each of the environmental or social characteristics promoted by this financial product?
The fund uses the following sustainability indicators in order to measure the attainment of the environmental or social characteristics that it promotes:
- the percentage of the fund invested in securities of issuers with favourable ESG characteristics in accordance with Fidelity’s Sustainable Investing Framework;
- in respect of its direct investments in corporate issuers, the percentage of the fund invested in securities of issuers with exposure to the Exclusions (defined below);
- the percentage of the fund invested in sustainable investments;
- the percentage of the fund invested in sustainable investments with an environmental objective in economic activities (that do not qualify as environmentally sustainable under the EU Taxonomy); and
- the percentage of the fund invested in sustainable investments with a social objective.

What are the objectives of the sustainable investments that the financial product partially intends to make and how does the sustainable investment contribute to such objectives?
The fund determines a sustainable investment as follows:
- issuers that undertake economic activities that contribute to one or more of the environmental objectives set out in the EU Taxonomy and qualify as environmentally sustainable in accordance with EU Taxonomy; or
- issuers whereby the majority of their business activities (more than 50% of revenue) contribute to environmental or social objectives aligned with one or more of the United Nations Sustainable Development Goals (“SDGs”); or
- issuers which have set a decarbonisation target consistent with a 1.5 degree warming scenario or lower (verified by the Science Based Target Initiative or a Fidelity Proprietary Climate Rating) which would be considered to contribute to environmental objectives;provided they do no significant harm, meet minimum safeguards and good governance criteria.

How do the sustainable investments that the financial product partially intends to make, not cause significant harm to any environmental or social sustainable investment objective?
Sustainable investments are screened for involvement in activities that cause significant harm and controversies, assessed through a check that the issuer meets minimum safeguards and standards that relate to principal adverse impacts (PAIs) as well as performance on PAI metrics. This includes:
- Norms-based screens - the screening out of securities identified under Fidelity’s existing norms-based screens (as set out below);
- Activity-based screens - the screening out of issuers based on their participation in activities with significant negative impacts on society or the environment, including issuers that are considered to have a ‘Very Severe’ controversy using controversy screens, covering
- environmental issues,
- human rights and communities,
- labour rights and supply chain,
- customers,
- governance; and
	- PAI indicators - quantitative data (where available) on PAI indicators is used to evaluate whether an issuer is involved in activities that cause significant harm to any environmental or social objective.


Principal adverse impacts are the most significant negative impacts of investment decisions on sustainability factors relating to environmental, social and employee matters, respect for human rights, anti- corruption and anti- bribery matters.
How have the indicators for adverse impacts on sustainability factors been taken into account?
For sustainable investments, as set out above, Fidelity undertakes a quantitative evaluation to identify issuers with challenging performance on PAI indicators. Issuers with a low score will be ineligible to be ‘sustainable investments’ unless Fidelity’s fundamental research determines that the issuer is not breaching “do no significant harm” requirements, or is on the path to mitigate the adverse impacts through effective management or transition.
How are the sustainable investments aligned with the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights? Details:
Norms-based screens are applied: Issuers identified as failing to behave in a way which meets their fundamental responsibilities in the areas of human rights, labour, environmental and anti-corruption as aligned with international norms including those set out by the OECD Guidelines for Multinational Enterprises, the UN Guiding Principles on Business and Human Rights, the UN Global Compact (UNGC) and the International Labour Organisation (ILO) Conventions, are not considered sustainable investments.
The EU Taxonomy sets out a “do not significant harm” principle by which Taxonomy-aligned investments should not significantly harm EU Taxonomy objectives and is accompanied by specific EU criteria.
The “do no significant harm” principle applies only to those investments underlying the financial product that take into account the EU criteria for environmentally sustainable economic activities. The investments underlying the remaining portion of this financial product do not take into account the EU criteria for environmentally sustainable economic activities.
Any other sustainable investments must also not significantly harm any environmental or social objectives.

###### Does this financial product consider principal adverse impacts on sustainability factors?
Yes
- NoConsideration of the principal adverse impacts on sustainability factors of investment decisions (referred to as principal adverse impacts) is incorporated through a variety of tools, including:
- Due Diligence - analysis of whether impacts on sustainability factors are material and negative.
- ESG rating - Fidelity references ESG ratings which incorporate consideration of material principal adverse impacts such as carbon emissions, employee safety and bribery and corruption, water management and, for sovereign issued securities, ratings used incorporate consideration of material principal adverse impacts such as carbon emissions, social violations and freedom of expression.
- Exclusions - When investing directly in corporate issuers, the fund applies the Exclusions (as defined below) to help mitigate the principal adverse impacts through excluding harmful sectors and prohibiting investment in issuers that breach international standards, such as the UNGC.
- Engagement - Fidelity uses engagement as a tool to better understand principal adverse impacts and, in some circumstances, advocate for mitigating the principal adverse impacts. Fidelity participates in relevant individual and collaborative engagements that target a number of principal adverse impacts (i.e. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Voting - Fidelity’s voting policy includes explicit minimum standards for board gender diversity and engagement with climate change for corporate issuers. Fidelity may also vote to help mitigate principal adverse impacts.
- Quarterly reviews - monitoring of principal adverse impacts through the fund’s quarterly review process.

Fidelity takes into account specific indicators for each sustainability factor when considering whether investments have a principal adverse impact. These indicators are subject to data availability and may evolve with improving data quality and availability.
Information on principal adverse impacts will be available in the annual report of the fund.
The investment strategy guides investment decisions based on factors such as investments objectives and risk tolerance.

######  What investment strategy does this financial product follow?
A minimum of 50% of the fund’s assets will be invested in securities with favourable ESG characteristics.
Favourable ESG characteristics are determined by reference to ESG ratings provided by external agencies and Fidelity ESG ratings.
Within this investment universe, the Investment Manager selects stocks through rigorous bottom-up financial analysis and valuation to select stocks with strong investment return potential.
In respect of its direct investments in corporate issuers, the fund is subject to:
- a firm-wide exclusions list, which includes cluster munitions and anti-personnel landmines, and
- a norms-based screening of issuers which the Investment Manager considers have failed to conduct their business in accordance with international norms, including as set out in the UNGC.

The above exclusions and screens (the “Exclusions”) may be updated from time to time. Please refer to the website for further information Sustainable investing framework(fidelityinternational.com).
The Investment Manager also has discretion to implement enhanced, stricter sustainable requirements and exclusions from time to time.
What are the binding elements of the investment strategy used to select the investments to attain each of the environmental or social characteristics promoted by this financial product?
The fund will invest:
- a minimum of 50% of its assets in issuers with favourable ESG characteristics,
- a minimum of 10% in sustainable investments of which a minimum of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 1% have a social objective.

In addition, the fund will systematically apply the Exclusions as described above.
What is the committed minimum rate to reduce the scope of the investments considered prior to the application of that investment strategy?
This question is not applicable.
Good governance practices include sound management structures, employee relations, remuneration of staff and tax compliance.
What is the policy to assess good governance practices of the investee companies?
The governance practices of issuers are assessed using fundamental research, including Fidelity ESG ratings, data regarding controversies and UN Global Compact violations.
Key points that are analysed include track record of capital allocation, financial transparency, related party transactions, board independence and size, executive pay, auditors and internal oversight, minority shareholder rights, among other indicators.
Asset allocation describes the share of investments in specific assets.
Taxonomy-aligned activities are expressed as a share of:
- turnover reflecting the share of revenue from green activities of investee companies
- capital expenditure (CapEx) showing the green investments made by investee companies,e.g. for a transition to a green economy.

- operational expenditure (OpEx) reflecting green operational activities of investee companies.

###### 	What is the asset allocation planned for this financial product?
(#1 Aligned with E/S characteristics) The fund aims to invest:
- a minimum of 50% of its assets in securities of issuers with favourable ESG characteristics,
- A minimum of 10% of its assets in sustainable investments (#1A sustainable) of whicha minimum of of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 1% have a social objective. The remaining sustainable investments of the fund may have an environmental or social objective.

(#1B Other E/S characteristics) Includes securities of issuers with favourable ESG characteristics but are not sustainable investments.
How does the use of derivatives attain the environmental or social characteristics promoted by the financial product?
Where the security underlying a derivative has favourable ESG characteristics in accordance with Fidelity's Sustainable Investing Framework, the derivative may be included in determining the proportion of the fund dedicated to promotion of environmental or social characteristics.
To what minimum extent are sustainable investments with an environmental objective aligned with the EU Taxonomy?
The fund invests a minimum of 0% in sustainable investments with an environmental objective aligned with the EU Taxonomy.
The compliance of the investments of the fund with the EU Taxonomy will not be subject to an assurance by auditors or a review by third parties.
The EU Taxonomy alignment of the underlying investments of the fund is measured by turnover.
Does the financial product invest in fossil gas and/or nuclear energy-related activities that comply with the EU Taxonomy¹?
- YesNo
- In fossil gas	In nuclear energyWhat is the minimum share of investments in transitional and enabling activities?

The fund invests a minimum of 0% in transitional activities and a minimum of 0% in enabling activities.
What is the minimum share of sustainable investments with an environmental objective that are not aligned with the EU Taxonomy?
The fund invests a minimum of 1% in sustainable investments with an environmental objective that is not aligned with the EU Taxonomy.
Investments could be aligned with the EU Taxonomy but the Investment Manager is not currently in a position to specify the exact proportion of the fund’s underlying investments which take into account the EU criteria for environmentally sustainable economic activities. However, the position will be kept under review as the underlying rules are finalised and the availability of reliable data increases over time.
¹Fossil gas and/or nuclear related activities will only comply with the EU Taxonomy where they contribute to limiting climate change (“climate change mitigation”) and do not significantly harm any EU Taxonomy objectives - see explanatory note in the left hand margin. The full criteria for fossil gas and nuclear energy economic activities that comply with the EU Taxonomy are laid down in Commission Delegated Regulation (EU) 2022/1214.
What is the minimum share of socially sustainable investments?
The fund invests a minimum of 1% in sustainable investments with a social objective.
What investments are included under “#2 Other”, what is their purpose and are there any minimum environmental or social safeguards?
The remaining investments of the fund will be invested in assets aligned with the financial objective of the fund, cash and cash equivalents for liquidity purposes and derivatives which may be used for investment and efficient portfolio management.
As a minimum environmental and social safeguard, the fund will adhere to the Exclusions.

###### Is a specific index designated as a reference benchmark to determine whether this financial product is aligned with the environmental and/or social characteristics that it promotes?
An index has not been designated as a reference benchmark to determine whether this financial product is aligned with the environmental or social characteristics that it promotes.
Reference benchmarks are indexes to measure whether the financial product attains the environmental or social characteristics that they promote.
How is the reference benchmark continuously aligned with each of the environmental or social characteristics promoted by the financial product?
This question is not applicable.
How is the alignment of the investment strategy with the methodology of the index ensured on a continuous basis?
This question is not applicable.
How does the designated index differ from a relevant broad market index?
This question is not applicable.
Where can the methodology used for the calculation of the designated index be found?
This question is not applicable.

###### 	Where can I find more product specific information online?
More product-specific information can be found on the website: https:/www.fidelity.lu/funds/factsheet/LU0455706654/tab-disclosure#SFDR-disclosure. 
Further information on the methodologies set out herein is available on the website: Sustainable investing framework (fidelityinternational.com).
Pre-contractual disclosure for the financial products referred to in Article 8, paragraphs 1, 2 and 2a, of Regulation (EU) 2019/2088 and Article 6, first paragraph, of Regulation (EU) 2020/852
Product name:	Legal entity identifier:
Fidelity Funds - Greater China Fund II	549300ZKE6NT4EWYQU42

###### Environmental and/or social characteristics
| Does this financial product have a sustainable investment objective? |
| --- |
|  | - Yes
 |  | No |
| - It will make a minimum of sustainable investments with an environmental objective:%
- in economic activities that qualify as environmentally sustainable under the EU Taxonomy
- in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
- It will make a minimum of sustainable investments with a social objective:%
 | It promotes Environmental/Social (E/S) characteristics and while it does not have as its objective a sustainable investment, it will have a minimum proportion of 20% of sustainable investments - with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomywith an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomywith a social objective
- It promotes E/S characteristics, but will not make any sustainable investments
 |

What environmental and/or social characteristics are promoted by this financial product?
Sustainability indicators measure how the environmental or social characteristics promoted by the financial product are attained.
The fund promotes environmental and social characteristics by investing in securities of issuers with favourable ESG characteristics. Favourable ESG characteristics are determined by reference to ESG ratings. ESG ratings consider environmental characteristics including carbon intensity, carbon emissions, energy efficiency, water and waste management and biodiversity, as well as social characteristics including product safety, supply chain, health and safety and human rights.
The fund partially intends to make sustainable investments.
No reference benchmark has been designated for the purpose of attaining the environmental and social characteristics promoted.
What sustainability indicators are used to measure the attainment of each of the environmental or social characteristics promoted by this financial product?
The fund uses the following sustainability indicators in order to measure the attainment of the environmental or social characteristics that it promotes:
- the percentage of the fund invested in securities of issuers with favourable ESG characteristics in accordance with Fidelity’s Sustainable Investing Framework;
- in respect of its direct investments in corporate issuers, the percentage of the fund invested in securities of issuers with exposure to the Exclusions (defined below);
- the percentage of the fund invested in sustainable investments;
- the percentage of the fund invested in sustainable investments with an environmental objective in economic activities (that do not qualify as environmentally sustainable under the EU Taxonomy); and
- the percentage of the fund invested in sustainable investments with a social objective.

What are the objectives of the sustainable investments that the financial product partially intends to make and how does the sustainable investment contribute to such objectives?
The fund determines a sustainable investment as follows:
- issuers that undertake economic activities that contribute to one or more of the environmental objectives set out in the EU Taxonomy and qualify as environmentally sustainable in accordance with EU Taxonomy; or
- issuers whereby the majority of their business activities (more than 50% of revenue) contribute to environmental or social objectives aligned with one or more of the United Nations Sustainable Development Goals (“SDGs”); or
- issuers which have set a decarbonisation target consistent with a 1.5 degree warming scenario or lower (verified by the Science Based Target Initiative or a Fidelity Proprietary Climate Rating) which would be considered to contribute to environmental objectives;provided they do no significant harm, meet minimum safeguards and good governance criteria.

How do the sustainable investments that the financial product partially intends to make, not cause significant harm to any environmental or social sustainable investment objective?
Sustainable investments are screened for involvement in activities that cause significant harm and controversies, assessed through a check that the issuer meets minimum safeguards and standards that relate to principal adverse impacts (PAIs) as well as performance on PAI metrics. This includes:
- Norms-based screens - the screening out of securities identified under Fidelity’s existing norms-based screens (as set out below);
- Activity-based screens - the screening out of issuers based on their participation in activities with significant negative impacts on society or the environment, including issuers that are considered to have a ‘Very Severe’ controversy using controversy screens, covering
- environmental issues,
- human rights and communities,
- labour rights and supply chain,
- customers,
- governance; and
	- PAI indicators - quantitative data (where available) on PAI indicators is used to evaluate whether an issuer is involved in activities that cause significant harm to any environmental or social objective.


Principal adverse impacts are the most significant negative impacts of investment decisions on sustainability factors relating to environmental, social and employee matters, respect for human rights, anti- corruption and anti- bribery matters.
How have the indicators for adverse impacts on sustainability factors been taken into account?
For sustainable investments, as set out above, Fidelity undertakes a quantitative evaluation to identify issuers with challenging performance on PAI indicators. Issuers with a low score will be ineligible to be ‘sustainable investments’ unless Fidelity’s fundamental research determines that the issuer is not breaching “do no significant harm” requirements, or is on the path to mitigate the adverse impacts through effective management or transition.
How are the sustainable investments aligned with the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights? Details:
Norms-based screens are applied: Issuers identified as failing to behave in a way which meets their fundamental responsibilities in the areas of human rights, labour, environmental and anti-corruption as aligned with international norms including those set out by the OECD Guidelines for Multinational Enterprises, the UN Guiding Principles on Business and Human Rights, the UN Global Compact (UNGC) and the International Labour Organisation (ILO) Conventions, are not considered sustainable investments.
The EU Taxonomy sets out a “do not significant harm” principle by which Taxonomy-aligned investments should not significantly harm EU Taxonomy objectives and is accompanied by specific EU criteria.
The “do no significant harm” principle applies only to those investments underlying the financial product that take into account the EU criteria for environmentally sustainable economic activities. The investments underlying the remaining portion of this financial product do not take into account the EU criteria for environmentally sustainable economic activities.
Any other sustainable investments must also not significantly harm any environmental or social objectives.

###### Does this financial product consider principal adverse impacts on sustainability factors?
Yes
- NoConsideration of the principal adverse impacts on sustainability factors of investment decisions (referred to as principal adverse impacts) is incorporated through a variety of tools, including:
- Due Diligence - analysis of whether impacts on sustainability factors are material and negative.
- ESG rating - Fidelity references ESG ratings which incorporate consideration of material principal adverse impacts such as carbon emissions, employee safety and bribery and corruption, water management and, for sovereign issued securities, ratings used incorporate consideration of material principal adverse impacts such as carbon emissions, social violations and freedom of expression.
- Exclusions - When investing directly in corporate issuers, the fund applies the Exclusions (as defined below) to help mitigate the principal adverse impacts through excluding harmful sectors and prohibiting investment in issuers that breach international standards, such as the UNGC.
- Engagement - Fidelity uses engagement as a tool to better understand principal adverse impacts and, in some circumstances, advocate for mitigating the principal adverse impacts. Fidelity participates in relevant individual and collaborative engagements that target a number of principal adverse impacts (i.e. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Voting - Fidelity’s voting policy includes explicit minimum standards for board gender diversity and engagement with climate change for corporate issuers. Fidelity may also vote to help mitigate principal adverse impacts.
- Quarterly reviews - monitoring of principal adverse impacts through the fund’s quarterly review process.

Fidelity takes into account specific indicators for each sustainability factor when considering whether investments have a principal adverse impact. These indicators are subject to data availability and may evolve with improving data quality and availability.
Information on principal adverse impacts will be available in the annual report of the fund.
The investment strategy guides investment decisions based on factors such as investments objectives and risk tolerance.

######  What investment strategy does this financial product follow?
A minimum of 50% of the fund’s assets will be invested in securities with favourable ESG characteristics.
Favourable ESG characteristics are determined by reference to ESG ratings provided by external agencies and Fidelity ESG ratings.
Within this investment universe, the Investment Manager selects stocks through rigorous bottom-up financial analysis and valuation to select stocks with strong investment return potential.
In respect of its direct investments in corporate issuers, the fund is subject to:
- a firm-wide exclusions list, which includes cluster munitions and anti-personnel landmines, and
- a norms-based screening of issuers which the Investment Manager considers have failed to conduct their business in accordance with international norms, including as set out in the UNGC.

The above exclusions and screens (the “Exclusions”) may be updated from time to time. Please refer to the website for further information Sustainable investing framework(fidelityinternational.com).
The Investment Manager also has discretion to implement enhanced, stricter sustainable requirements and exclusions from time to time.
What are the binding elements of the investment strategy used to select the investments to attain each of the environmental or social characteristics promoted by this financial product?
The fund will invest:
- a minimum of 50% of its assets in issuers with favourable ESG characteristics,
- a minimum of 20% in sustainable investments of which a minimum of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 5% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 5% have a social objective.

In addition, the fund will systematically apply the Exclusions as described above.
What is the committed minimum rate to reduce the scope of the investments considered prior to the application of that investment strategy?
This question is not applicable.
Good governance practices include sound management structures, employee relations, remuneration of staff and tax compliance.
What is the policy to assess good governance practices of the investee companies?
The governance practices of issuers are assessed using fundamental research, including Fidelity ESG ratings, data regarding controversies and UN Global Compact violations.
Key points that are analysed include track record of capital allocation, financial transparency, related party transactions, board independence and size, executive pay, auditors and internal oversight, minority shareholder rights, among other indicators.
Asset allocation describes the share of investments in specific assets.
Taxonomy-aligned activities are expressed as a share of:
- turnover reflecting the share of revenue from green activities of investee companies
- capital expenditure (CapEx) showing the green investments made by investee companies,e.g. for a transition to a green economy.

- operational expenditure (OpEx) reflecting green operational activities of investee companies.

###### 	What is the asset allocation planned for this financial product?
(#1 Aligned with E/S characteristics) The fund aims to invest:
- a minimum of 50% of its assets in securities of issuers with favourable ESG characteristics,
- A minimum of 20% of its assets in sustainable investments (#1A sustainable) of whicha minimum of of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 5% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 5% have a social objective. The remaining sustainable investments of the fund may have an environmental or social objective.

(#1B Other E/S characteristics) Includes securities of issuers with favourable ESG characteristics but are not sustainable investments.
How does the use of derivatives attain the environmental or social characteristics promoted by the financial product?
Where the security underlying a derivative has favourable ESG characteristics in accordance with Fidelity's Sustainable Investing Framework, the derivative may be included in determining the proportion of the fund dedicated to promotion of environmental or social characteristics.
To what minimum extent are sustainable investments with an environmental objective aligned with the EU Taxonomy?
The fund invests a minimum of 0% in sustainable investments with an environmental objective aligned with the EU Taxonomy.
The compliance of the investments of the fund with the EU Taxonomy will not be subject to an assurance by auditors or a review by third parties.
The EU Taxonomy alignment of the underlying investments of the fund is measured by turnover.
Does the financial product invest in fossil gas and/or nuclear energy-related activities that comply with the EU Taxonomy¹?
- YesNo
- In fossil gas	In nuclear energyWhat is the minimum share of investments in transitional and enabling activities?

The fund invests a minimum of 0% in transitional activities and a minimum of 0% in enabling activities.
What is the minimum share of sustainable investments with an environmental objective that are not aligned with the EU Taxonomy?
The fund invests a minimum of 5% in sustainable investments with an environmental objective that is not aligned with the EU Taxonomy.
Investments could be aligned with the EU Taxonomy but the Investment Manager is not currently in a position to specify the exact proportion of the fund’s underlying investments which take into account the EU criteria for environmentally sustainable economic activities. However, the position will be kept under review as the underlying rules are finalised and the availability of reliable data increases over time.
¹Fossil gas and/or nuclear related activities will only comply with the EU Taxonomy where they contribute to limiting climate change (“climate change mitigation”) and do not significantly harm any EU Taxonomy objectives - see explanatory note in the left hand margin. The full criteria for fossil gas and nuclear energy economic activities that comply with the EU Taxonomy are laid down in Commission Delegated Regulation (EU) 2022/1214.
What is the minimum share of socially sustainable investments?
The fund invests a minimum of 5% in sustainable investments with a social objective.
What investments are included under “#2 Other”, what is their purpose and are there any minimum environmental or social safeguards?
The remaining investments of the fund will be invested in assets aligned with the financial objective of the fund, cash and cash equivalents for liquidity purposes and derivatives which may be used for investment and efficient portfolio management.
As a minimum environmental and social safeguard, the fund will adhere to the Exclusions.

###### Is a specific index designated as a reference benchmark to determine whether this financial product is aligned with the environmental and/or social characteristics that it promotes?
An index has not been designated as a reference benchmark to determine whether this financial product is aligned with the environmental or social characteristics that it promotes.
Reference benchmarks are indexes to measure whether the financial product attains the environmental or social characteristics that they promote.
How is the reference benchmark continuously aligned with each of the environmental or social characteristics promoted by the financial product?
This question is not applicable.
How is the alignment of the investment strategy with the methodology of the index ensured on a continuous basis?
This question is not applicable.
How does the designated index differ from a relevant broad market index?
This question is not applicable.
Where can the methodology used for the calculation of the designated index be found?
This question is not applicable.

###### 	Where can I find more product specific information online?
More product-specific information can be found on the website: https:/www.fidelity.lu/funds/factsheet/LU0605518397/tab-disclosure#SFDR-disclosure. 
Further information on the methodologies set out herein is available on the website: Sustainable investing framework (fidelityinternational.com).
Pre-contractual disclosure for the financial products referred to in Article 8, paragraphs 1, 2 and 2a, of Regulation (EU) 2019/2088 and Article 6, first paragraph, of Regulation (EU) 2020/852
Product name:	Legal entity identifier:
Fidelity Funds - Greater China Fund II	549300ZKE6NT4EWYQU42

###### Environmental and/or social characteristics
| Does this financial product have a sustainable investment objective? |
| --- |
|  | - Yes
 |  | No |
| - It will make a minimum of sustainable investments with an environmental objective:%
- in economic activities that qualify as environmentally sustainable under the EU Taxonomy
- in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
- It will make a minimum of sustainable investments with a social objective:%
 | It promotes Environmental/Social (E/S) characteristics and while it does not have as its objective a sustainable investment, it will have a minimum proportion of 20% of sustainable investments - with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomywith an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomywith a social objective
- It promotes E/S characteristics, but will not make any sustainable investments
 |

What environmental and/or social characteristics are promoted by this financial product?
Sustainability indicators measure how the environmental or social characteristics promoted by the financial product are attained.
The fund promotes environmental and social characteristics by investing in securities of issuers with favourable ESG characteristics. Favourable ESG characteristics are determined by reference to ESG ratings. ESG ratings consider environmental characteristics including carbon intensity, carbon emissions, energy efficiency, water and waste management and biodiversity, as well as social characteristics including product safety, supply chain, health and safety and human rights.
The fund partially intends to make sustainable investments.
No reference benchmark has been designated for the purpose of attaining the environmental and social characteristics promoted.
What sustainability indicators are used to measure the attainment of each of the environmental or social characteristics promoted by this financial product?
The fund uses the following sustainability indicators in order to measure the attainment of the environmental or social characteristics that it promotes:
- the percentage of the fund invested in securities of issuers with favourable ESG characteristics in accordance with Fidelity’s Sustainable Investing Framework;
- in respect of its direct investments in corporate issuers, the percentage of the fund invested in securities of issuers with exposure to the Exclusions (defined below);
- the percentage of the fund invested in sustainable investments;
- the percentage of the fund invested in sustainable investments with an environmental objective in economic activities (that do not qualify as environmentally sustainable under the EU Taxonomy); and
- the percentage of the fund invested in sustainable investments with a social objective.

What are the objectives of the sustainable investments that the financial product partially intends to make and how does the sustainable investment contribute to such objectives?
The fund determines a sustainable investment as follows:
- issuers that undertake economic activities that contribute to one or more of the environmental objectives set out in the EU Taxonomy and qualify as environmentally sustainable in accordance with EU Taxonomy; or
- issuers whereby the majority of their business activities (more than 50% of revenue) contribute to environmental or social objectives aligned with one or more of the United Nations Sustainable Development Goals (“SDGs”); or
- issuers which have set a decarbonisation target consistent with a 1.5 degree warming scenario or lower (verified by the Science Based Target Initiative or a Fidelity Proprietary Climate Rating) which would be considered to contribute to environmental objectives;provided they do no significant harm, meet minimum safeguards and good governance criteria.

How do the sustainable investments that the financial product partially intends to make, not cause significant harm to any environmental or social sustainable investment objective?
Sustainable investments are screened for involvement in activities that cause significant harm and controversies, assessed through a check that the issuer meets minimum safeguards and standards that relate to principal adverse impacts (PAIs) as well as performance on PAI metrics. This includes:
- Norms-based screens - the screening out of securities identified under Fidelity’s existing norms-based screens (as set out below);
- Activity-based screens - the screening out of issuers based on their participation in activities with significant negative impacts on society or the environment, including issuers that are considered to have a ‘Very Severe’ controversy using controversy screens, covering
- environmental issues,
- human rights and communities,
- labour rights and supply chain,
- customers,
- governance; and
	- PAI indicators - quantitative data (where available) on PAI indicators is used to evaluate whether an issuer is involved in activities that cause significant harm to any environmental or social objective.


Principal adverse impacts are the most significant negative impacts of investment decisions on sustainability factors relating to environmental, social and employee matters, respect for human rights, anti- corruption and anti- bribery matters.
How have the indicators for adverse impacts on sustainability factors been taken into account?
For sustainable investments, as set out above, Fidelity undertakes a quantitative evaluation to identify issuers with challenging performance on PAI indicators. Issuers with a low score will be ineligible to be ‘sustainable investments’ unless Fidelity’s fundamental research determines that the issuer is not breaching “do no significant harm” requirements, or is on the path to mitigate the adverse impacts through effective management or transition.
How are the sustainable investments aligned with the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights? Details:
Norms-based screens are applied: Issuers identified as failing to behave in a way which meets their fundamental responsibilities in the areas of human rights, labour, environmental and anti-corruption as aligned with international norms including those set out by the OECD Guidelines for Multinational Enterprises, the UN Guiding Principles on Business and Human Rights, the UN Global Compact (UNGC) and the International Labour Organisation (ILO) Conventions, are not considered sustainable investments.
The EU Taxonomy sets out a “do not significant harm” principle by which Taxonomy-aligned investments should not significantly harm EU Taxonomy objectives and is accompanied by specific EU criteria.
The “do no significant harm” principle applies only to those investments underlying the financial product that take into account the EU criteria for environmentally sustainable economic activities. The investments underlying the remaining portion of this financial product do not take into account the EU criteria for environmentally sustainable economic activities.
Any other sustainable investments must also not significantly harm any environmental or social objectives.

###### Does this financial product consider principal adverse impacts on sustainability factors?
Yes
- NoConsideration of the principal adverse impacts on sustainability factors of investment decisions (referred to as principal adverse impacts) is incorporated through a variety of tools, including:
- Due Diligence - analysis of whether impacts on sustainability factors are material and negative.
- ESG rating - Fidelity references ESG ratings which incorporate consideration of material principal adverse impacts such as carbon emissions, employee safety and bribery and corruption, water management and, for sovereign issued securities, ratings used incorporate consideration of material principal adverse impacts such as carbon emissions, social violations and freedom of expression.
- Exclusions - When investing directly in corporate issuers, the fund applies the Exclusions (as defined below) to help mitigate the principal adverse impacts through excluding harmful sectors and prohibiting investment in issuers that breach international standards, such as the UNGC.
- Engagement - Fidelity uses engagement as a tool to better understand principal adverse impacts and, in some circumstances, advocate for mitigating the principal adverse impacts. Fidelity participates in relevant individual and collaborative engagements that target a number of principal adverse impacts (i.e. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Voting - Fidelity’s voting policy includes explicit minimum standards for board gender diversity and engagement with climate change for corporate issuers. Fidelity may also vote to help mitigate principal adverse impacts.
- Quarterly reviews - monitoring of principal adverse impacts through the fund’s quarterly review process.

Fidelity takes into account specific indicators for each sustainability factor when considering whether investments have a principal adverse impact. These indicators are subject to data availability and may evolve with improving data quality and availability.
Information on principal adverse impacts will be available in the annual report of the fund.
The investment strategy guides investment decisions based on factors such as investments objectives and risk tolerance.

######  What investment strategy does this financial product follow?
A minimum of 50% of the fund’s assets will be invested in securities with favourable ESG characteristics.
Favourable ESG characteristics are determined by reference to ESG ratings provided by external agencies and Fidelity ESG ratings.
Within this investment universe, the Investment Manager selects stocks through rigorous bottom-up financial analysis and valuation to select stocks with strong investment return potential.
In respect of its direct investments in corporate issuers, the fund is subject to:
- a firm-wide exclusions list, which includes cluster munitions and anti-personnel landmines, and
- a norms-based screening of issuers which the Investment Manager considers have failed to conduct their business in accordance with international norms, including as set out in the UNGC.

The above exclusions and screens (the “Exclusions”) may be updated from time to time. Please refer to the website for further information Sustainable investing framework(fidelityinternational.com).
The Investment Manager also has discretion to implement enhanced, stricter sustainable requirements and exclusions from time to time.
What are the binding elements of the investment strategy used to select the investments to attain each of the environmental or social characteristics promoted by this financial product?
The fund will invest:
- a minimum of 50% of its assets in issuers with favourable ESG characteristics,
- a minimum of 20% in sustainable investments of which a minimum of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 5% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 5% have a social objective.

In addition, the fund will systematically apply the Exclusions as described above.
What is the committed minimum rate to reduce the scope of the investments considered prior to the application of that investment strategy?
This question is not applicable.
Good governance practices include sound management structures, employee relations, remuneration of staff and tax compliance.
What is the policy to assess good governance practices of the investee companies?
The governance practices of issuers are assessed using fundamental research, including Fidelity ESG ratings, data regarding controversies and UN Global Compact violations.
Key points that are analysed include track record of capital allocation, financial transparency, related party transactions, board independence and size, executive pay, auditors and internal oversight, minority shareholder rights, among other indicators.
Asset allocation describes the share of investments in specific assets.
Taxonomy-aligned activities are expressed as a share of:
- turnover reflecting the share of revenue from green activities of investee companies
- capital expenditure (CapEx) showing the green investments made by investee companies,e.g. for a transition to a green economy.

- operational expenditure (OpEx) reflecting green operational activities of investee companies.

###### 	What is the asset allocation planned for this financial product?
(#1 Aligned with E/S characteristics) The fund aims to invest:
- a minimum of 50% of its assets in securities of issuers with favourable ESG characteristics,
- A minimum of 20% of its assets in sustainable investments (#1A sustainable) of whicha minimum of of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 5% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 5% have a social objective. The remaining sustainable investments of the fund may have an environmental or social objective.

(#1B Other E/S characteristics) Includes securities of issuers with favourable ESG characteristics but are not sustainable investments.
How does the use of derivatives attain the environmental or social characteristics promoted by the financial product?
Where the security underlying a derivative has favourable ESG characteristics in accordance with Fidelity's Sustainable Investing Framework, the derivative may be included in determining the proportion of the fund dedicated to promotion of environmental or social characteristics.
To what minimum extent are sustainable investments with an environmental objective aligned with the EU Taxonomy?
The fund invests a minimum of 0% in sustainable investments with an environmental objective aligned with the EU Taxonomy.
The compliance of the investments of the fund with the EU Taxonomy will not be subject to an assurance by auditors or a review by third parties.
The EU Taxonomy alignment of the underlying investments of the fund is measured by turnover.
Does the financial product invest in fossil gas and/or nuclear energy-related activities that comply with the EU Taxonomy¹?
- YesNo
- In fossil gas	In nuclear energyWhat is the minimum share of investments in transitional and enabling activities?

The fund invests a minimum of 0% in transitional activities and a minimum of 0% in enabling activities.
What is the minimum share of sustainable investments with an environmental objective that are not aligned with the EU Taxonomy?
The fund invests a minimum of 5% in sustainable investments with an environmental objective that is not aligned with the EU Taxonomy.
Investments could be aligned with the EU Taxonomy but the Investment Manager is not currently in a position to specify the exact proportion of the fund’s underlying investments which take into account the EU criteria for environmentally sustainable economic activities. However, the position will be kept under review as the underlying rules are finalised and the availability of reliable data increases over time.
¹Fossil gas and/or nuclear related activities will only comply with the EU Taxonomy where they contribute to limiting climate change (“climate change mitigation”) and do not significantly harm any EU Taxonomy objectives - see explanatory note in the left hand margin. The full criteria for fossil gas and nuclear energy economic activities that comply with the EU Taxonomy are laid down in Commission Delegated Regulation (EU) 2022/1214.
What is the minimum share of socially sustainable investments?
The fund invests a minimum of 5% in sustainable investments with a social objective.
What investments are included under “#2 Other”, what is their purpose and are there any minimum environmental or social safeguards?
The remaining investments of the fund will be invested in assets aligned with the financial objective of the fund, cash and cash equivalents for liquidity purposes and derivatives which may be used for investment and efficient portfolio management.
As a minimum environmental and social safeguard, the fund will adhere to the Exclusions.

###### Is a specific index designated as a reference benchmark to determine whether this financial product is aligned with the environmental and/or social characteristics that it promotes?
An index has not been designated as a reference benchmark to determine whether this financial product is aligned with the environmental or social characteristics that it promotes.
Reference benchmarks are indexes to measure whether the financial product attains the environmental or social characteristics that they promote.
How is the reference benchmark continuously aligned with each of the environmental or social characteristics promoted by the financial product?
This question is not applicable.
How is the alignment of the investment strategy with the methodology of the index ensured on a continuous basis?
This question is not applicable.
How does the designated index differ from a relevant broad market index?
This question is not applicable.
Where can the methodology used for the calculation of the designated index be found?
This question is not applicable.

###### 	Where can I find more product specific information online?
More product-specific information can be found on the website: https:/www.fidelity.lu/funds/factsheet/LU0605518397/tab-disclosure#SFDR-disclosure. 
Further information on the methodologies set out herein is available on the website: Sustainable investing framework (fidelityinternational.com).
Pre-contractual disclosure for the financial products referred to in Article 8, paragraphs 1, 2 and 2a, of Regulation (EU) 2019/2088 and Article 6, first paragraph, of Regulation (EU) 2020/852
Product name:	Legal entity identifier:
Fidelity Funds - Sustainable All China Equity Fund	254900EMLMON5USOI521

###### Environmental and/or social characteristics
| Does this financial product have a sustainable investment objective? |
| --- |
|  | - Yes
 |  | No |
| - It will make a minimum of sustainable investments with an environmental objective:%
- in economic activities that qualify as environmentally sustainable under the EU Taxonomy
- in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
- It will make a minimum of sustainable investments with a social objective:%
 | It promotes Environmental/Social (E/S) characteristics and while it does not have as its objective a sustainable investment, it will have a minimum proportion of 20% of sustainable investments - with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomywith an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomywith a social objective
- It promotes E/S characteristics, but will not make any sustainable investments
 |

What environmental and/or social characteristics are promoted by this financial product?
Sustainability indicators measure how the environmental or social characteristics promoted by the financial product are attained.
The fund promotes environmental and social characteristics by investing in securities of issuers with favourable ESG characteristics. Favourable ESG characteristics are determined by reference to ESG ratings. ESG ratings consider environmental characteristics including carbon intensity, carbon emissions, energy efficiency, water and waste management and biodiversity, as well as social characteristics including product safety, supply chain, health and safety and human rights.
The fund partially intends to make sustainable investments.
No reference benchmark has been designated for the purpose of attaining the environmental and social characteristics promoted.
What sustainability indicators are used to measure the attainment of each of the environmental or social characteristics promoted by this financial product?
The fund uses the following sustainability indicators in order to measure the attainment of the environmental or social characteristics that it promotes:
- the percentage of the fund invested in securities of issuers with favourable ESG characteristics in accordance with Fidelity’s Sustainable Investing Framework;
- in respect of its direct investments, the percentage of the fund invested in securities of issuers with exposure to the Exclusions (as defined below);
- the percentage of the fund invested in sustainable investments;
- the percentage of the fund invested in sustainable investments with an environmental objective in economic activities (that do not qualify as environmentally sustainable under the EU Taxonomy); and
- the percentage of the fund invested in sustainable investments with a social objective.

What are the objectives of the sustainable investments that the financial product partially intends to make and how does the sustainable investment contribute to such objectives?
The fund determines a sustainable investment as follows:
- issuers that undertake economic activities that contribute to one or more of the environmental objectives set out in the EU Taxonomy and qualify as environmentally sustainable in accordance with EU Taxonomy; or
- issuers whereby the majority of their business activities (more than 50% of revenue) contribute to environmental or social objectives aligned with one or more of the United Nations Sustainable Development Goals (“SDGs”); or
- issuers which have set a decarbonisation target consistent with a 1.5 degree warming scenario or lower (verified by the Science Based Target Initiative or a Fidelity Proprietary Climate Rating) which would be considered to contribute to environmental objectives;provided they do no significant harm, meet minimum safeguards and good governance criteria.

How do the sustainable investments that the financial product partially intends to make, not cause significant harm to any environmental or social sustainable investment objective?
Sustainable investments are screened for involvement in activities that cause significant harm and controversies, assessed through a check that the issuer meets minimum safeguards and standards that relate to principal adverse impacts (PAIs) as well as performance on PAI metrics. This includes:
- Norms-based screens - the screening out of securities identified under Fidelity’s existing norms-based screens (as set out below);
- Activity-based screens - the screening out of issuers based on their participation in activities with significant negative impacts on society or the environment, including issuers that are considered to have a ‘Very Severe’ controversy using controversy screens, covering
- environmental issues,
- human rights and communities,
- labour rights and supply chain,
- customers,
- governance; and
	- PAI indicators - quantitative data (where available) on PAI indicators is used to evaluate whether an issuer is involved in activities that cause significant harm to any environmental or social objective.


Principal adverse impacts are the most significant negative impacts of investment decisions on sustainability factors relating to environmental, social and employee matters, respect for human rights, anti- corruption and anti- bribery matters.
How have the indicators for adverse impacts on sustainability factors been taken into account?
For sustainable investments, as set out above, Fidelity undertakes a quantitative evaluation that identifies entities with challenging performance on PAI indicators. Issuers with a low score will be ineligible to be ‘sustainable investments’ unless Fidelity’s fundamental research determines that the issuer is not breaching “do no significant harm” requirements or is on the path to mitigate the adverse impacts through effective management or transition.
How are the sustainable investments aligned with the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights? Details:
Norms-based screens are applied: Issuers identified as failing to behave in a way which meets their fundamental responsibilities in the areas of human rights, labour, environmental and anti-corruption as aligned with international norms including those set out by the OECD Guidelines for Multinational Enterprises, the UN Guiding Principles on Business and Human Rights, the UN Global Compact (UNGC) and the International Labour Organisation (ILO) Conventions, are not considered sustainable investments.
The EU Taxonomy sets out a “do not significant harm” principle by which Taxonomy-aligned investments should not significantly harm EU Taxonomy objectives and is accompanied by specific EU criteria.
The “do no significant harm” principle applies only to those investments underlying the financial product that take into account the EU criteria for environmentally sustainable economic activities. The investments underlying the remaining portion of this financial product do not take into account the EU criteria for environmentally sustainable economic activities.
Any other sustainable investments must also not significantly harm any environmental or social objectives.

###### Does this financial product consider principal adverse impacts on sustainability factors?
Yes
- NoConsideration of the principal adverse impacts on sustainability factors of investment decisions (referred to as principal adverse impacts) is incorporated through a variety of tools, including:
- Due Diligence - analysis of whether impacts on sustainability factors are material and negative.
- ESG rating - Fidelity references ESG ratings which incorporate consideration of material principal adverse impacts such as carbon emissions, employee safety and bribery and corruption, water management and, for sovereign issued securities, ratings used incorporate consideration of material principal adverse impacts such as carbon emissions, social violations and freedom of expression.
- Exclusions - When investing directly in corporate issuers, the fund applies the Exclusions (as defined below) to help mitigate the principal adverse impacts through excluding harmful sectors and prohibiting investment in issuers that breach international standards, such as the UNGC.
- Engagement - Fidelity uses engagement as a tool to better understand principal adverse impacts and, in some circumstances, advocate for mitigating the principal adverse impacts. Fidelity participates in relevant individual and collaborative engagements that target a number of principal adverse impacts (i.e. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Voting - Fidelity’s voting policy includes explicit minimum standards for board gender diversity and engagement with climate change for corporate issuers. Fidelity may also vote to help mitigate principal adverse impacts.
- Quarterly reviews - monitoring of principal adverse impacts through the fund’s quarterly review process.

Fidelity takes into account specific indicators for each sustainability factor when considering whether investments have a principal adverse impact. These indicators are subject to data availability and may evolve with improving data quality and availability.
Information on principal adverse impacts will be available in the annual report of the fund.
The investment strategy guides investment decisions based on factors such as investments objectives and risk tolerance.

######  What investment strategy does this financial product follow?
The fund is part of the Fidelity Sustainable Family of funds and adopts a Sustainable Focused strategy under which a minimum of 70% of the fund’s assets will be invested in securities with favourable ESG characteristics.
Favourable ESG characteristics are determined by reference to ESG ratings provided by external agencies and Fidelity ESG ratings.
Issuers that are not assessed as having favourable ESG characteristics for the purposes of the primary objective (minimum 70% of assets) are eligible for inclusion, with up to 30% of assets, provided they are able to demonstrate that they are on an improving trajectory with respect to their ESG characteristics.
The average ESG rating of the fund will exceed the average ESG rating of the fund’s investment universe, as represented by the MSCI China All Shares Index (the "Index") (for the purpose of this calculation), after the exclusion of 20% of the assets with the lowest ESG ratings.
Within this investment universe, the Investment Manager selects stocks through rigorous bottom-up financial analysis and valuation to select stocks with strong investment return potential.
In respect of its direct investments, the fund is subject to:
- a firm-wide exclusions list, which includes cluster munitions and anti-personnel landmines, and
- a principle-based screening policy which includes:
	- norms-based screening of issuers which the Investment Manager considers have failed to conduct their business in accordance with international norms, including as set out in the UNGC; and
	- negative screening of certain sectors, issuers or practices based on specific ESG criteria where revenue thresholds may be applied.


The above exclusions and screens (the “Exclusions”) may be updated from time to time. Please refer to the website for further information Sustainable investing framework(fidelityinternational.com).
The Investment Manager also has discretion to implement enhanced, stricter sustainable requirements and exclusions from time to time.
What are the binding elements of the investment strategy used to select the investments to attain each of the environmental or social characteristics promoted by this financial product?
The fund will invest:
- a minimum of 70% of its assets in issuers with favourable ESG characteristics,
- a minimum of 20% in sustainable investments of which a minimum of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 5% have a social objective.

The fund assesses the ESG characteristics of at least 90% of its assets. The average ESG rating of the fund will exceed the average ESG rating of the fund’s investment universe, as represented by the Index (as defined above), after the exclusion of 20% of the assets with the lowest ESG ratings.
In addition, the fund will systematically apply the Exclusions to direct investments as described above.
What is the committed minimum rate to reduce the scope of the investments considered prior to the application of that investment strategy?
This question is not applicable.
Good governance practices include sound management structures, employee relations, remuneration of staff and tax compliance.
What is the policy to assess good governance practices of the investee companies?
The governance practices of issuers are assessed using fundamental research, including Fidelity ESG ratings, data regarding controversies and UN Global Compact violations.
Key points that are analysed include track record of capital allocation, financial transparency, related party transactions, board independence and size, executive pay, auditors and internal oversight, minority shareholder rights, among other indicators.

###### What is the asset allocation planned for this financial product?
Asset allocation describes the share of investments in specific assets.
Taxonomy-aligned activities are expressed as a share of:
- turnover reflecting the share of revenue from green activities of investee companies
- capital expenditure (CapEx) showing the green investments made by investee companies,e.g. for a transition to a green economy.

- operational expenditure (OpEx) reflecting green operational activities of investee companies.
(#1 Aligned with E/S characteristics) The fund will invest:
- a minimum of 70% of its assets in securities of issuers with favourable ESG characteristics;
- a minimum of 20% of its assets in sustainable investments (#1A sustainable) of which a minimum of of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 5% have a social objective. The remaining sustainable investments of the fund may have an environmental or social objective.

(#1B Other E/S characteristics) Includes securities of issuers with favourable ESG characteristics but are not sustainable investments.
How does the use of derivatives attain the environmental or social characteristics promoted by the financial product?
Where the security underlying a derivative has favourable ESG characteristics in accordance with Fidelity's Sustainable Investing Framework, the derivative may be included in determining the proportion of the fund dedicated to promotion of environmental or social characteristics.
To what minimum extent are sustainable investments with an environmental objective aligned with the EU Taxonomy?
The fund invests a minimum of 0% in sustainable investments with an environmental objective aligned with the EU Taxonomy.
The compliance of the investments of the fund with the EU Taxonomy will not be subject to an assurance by auditors or a review by third parties.
The EU Taxonomy alignment of the underlying investments of the fund is measured by turnover.
Does the financial product invest in fossil gas and/or nuclear energy-related activities that comply with the EU Taxonomy¹?
- YesNo
- In fossil gas	In nuclear energyWhat is the minimum share of investments in transitional and enabling activities?

The fund invests a minimum of 0% in transitional activities and a minimum of 0% in enabling activities.
What is the minimum share of sustainable investments with an environmental objective that are not aligned with the EU Taxonomy?
The fund invests a minimum of 1% in sustainable investments with an environmental objective that is not aligned with the EU Taxonomy.
Investments could be aligned with the EU Taxonomy but the Investment Manager is not currently in a position to specify the exact proportion of the fund’s underlying investments which take into account the EU criteria for environmentally sustainable economic activities. However, the position will be kept under review as the underlying rules are finalised and the availability of reliable data increases over time.
¹Fossil gas and/or nuclear related activities will only comply with the EU Taxonomy where they contribute to limiting climate change (“climate change mitigation”) and do not significantly harm any EU Taxonomy objectives - see explanatory note in the left hand margin. The full criteria for fossil gas and nuclear energy economic activities that comply with the EU Taxonomy are laid down in Commission Delegated Regulation (EU) 2022/1214.
What is the minimum share of socially sustainable investments?
The fund invests a minimum of 5% in sustainable investments with a social objective.
What investments are included under “#2 Other”, what is their purpose and are there any minimum environmental or social safeguards?
The remaining investments of the fund may be invested in securities of issuers that are able to demonstrate that they are on an improving trajectory with respect to their ESG characteristics, as well as cash and cash equivalents for liquidity purposes and derivatives which may be used for investment and efficient portfolio management.
As a minimum environmental and social safeguard, the fund will adhere to the Exclusions.

###### Is a specific index designated as a reference benchmark to determine whether this financial product is aligned with the environmental and/or social characteristics that it promotes?
An index has not been designated as a reference benchmark to determine whether this financial product is aligned with the environmental or social characteristics that it promotes.
Reference benchmarks are indexes to measure whether the financial product attains the environmental or social characteristics that they promote.
How is the reference benchmark continuously aligned with each of the environmental or social characteristics promoted by the financial product?
This question is not applicable.
How is the alignment of the investment strategy with the methodology of the index ensured on a continuous basis?
This question is not applicable.
How does the designated index differ from a relevant broad market index?
This question is not applicable.
Where can the methodology used for the calculation of the designated index be found?
This question is not applicable.

###### 	Where can I find more product specific information online?
More product-specific information can be found on the website: https:/www.fidelity.lu/funds/factsheet/LU2545263803/tab-disclosure#SFDR-disclosure. 
Further information on the methodologies set out herein is available on the website: Sustainable investing framework (fidelityinternational.com).
Pre-contractual disclosure for the financial products referred to in Article 8, paragraphs 1, 2 and 2a, of Regulation (EU) 2019/2088 and Article 6, first paragraph, of Regulation (EU) 2020/852
Product name:	Legal entity identifier:
Fidelity Funds - Sustainable China A Shares Fund	254900CHVS0V7YXD7E55

###### Environmental and/or social characteristics
| Does this financial product have a sustainable investment objective? |
| --- |
|  | - Yes
 |  | No |
| - It will make a minimum of sustainable investments with an environmental objective:%
- in economic activities that qualify as environmentally sustainable under the EU Taxonomy
- in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
- It will make a minimum of sustainable investments with a social objective:%
 | It promotes Environmental/Social (E/S) characteristics and while it does not have as its objective a sustainable investment, it will have a minimum proportion of 25% of sustainable investments - with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomywith an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomywith a social objective
- It promotes E/S characteristics, but will not make any sustainable investments
 |

What environmental and/or social characteristics are promoted by this financial product?
Sustainability indicators measure how the environmental or social characteristics promoted by the financial product are attained.
The fund promotes environmental and social characteristics by investing in securities of issuers with favourable ESG characteristics. Favourable ESG characteristics are determined by reference to ESG ratings. ESG ratings consider environmental characteristics including carbon intensity, carbon emissions, energy efficiency, water and waste management and biodiversity, as well as social characteristics including product safety, supply chain, health and safety and human rights.
No reference benchmark has been designated for the purpose of attaining the environmental and social characteristics promoted.
What sustainability indicators are used to measure the attainment of each of the environmental or social characteristics promoted by this financial product?
The fund uses the following sustainability indicators in order to measure the attainment of the environmental or social characteristics that it promotes:
- the percentage of the fund invested in securities of issuers with favourable ESG characteristics in accordance with Fidelity’s Sustainable Investing Framework;
- in respect of its direct investments, the percentage of the fund invested in securities of issuers with exposure to the Exclusions (as defined below);
- the percentage of the fund invested in sustainable investments;
- the percentage of the fund invested in sustainable investments with an environmental objective in economic activities (that do not qualify as environmentally sustainable under the EU Taxonomy); and
- the percentage of the fund invested in sustainable investments with a social objective.

What are the objectives of the sustainable investments that the financial product partially intends to make and how does the sustainable investment contribute to such objectives?
The fund determines a sustainable investment as follows:
- issuers that undertake economic activities that contribute to one or more of the environmental objectives set out in the EU Taxonomy and qualify as environmentally sustainable in accordance with EU Taxonomy; or
- issuers whereby the majority of their business activities (more than 50% of revenue) contribute to environmental or social objectives aligned with one or more of the United Nations Sustainable Development Goals (“SDGs”); or
- issuers which have set a decarbonisation target consistent with a 1.5 degree warming scenario or lower (verified by the Science Based Target Initiative or a Fidelity Proprietary Climate Rating) which would be considered to contribute to environmental objectives;provided they do no significant harm, meet minimum safeguards and good governance criteria.

How do the sustainable investments that the financial product partially intends to make, not cause significant harm to any environmental or social sustainable investment objective?
Sustainable investments are screened for involvement in activities that cause significant harm and controversies, assessed through a check that the issuer meets minimum safeguards and standards that relate to principal adverse impacts (PAIs) as well as for performance on PAI metrics. This includes:
- Norms-based screens - the screening out of securities identified under Fidelity’s norms based screens (as set out below);
- Activity-based screens - the screening out of issuers based on their participation in activities with significant negative impacts on society or the environment, including issuers that are considered to have a ‘Very Severe’ controversy using controversy screens, covering
- environmental issues,
- human rights and communities,
- labour rights and supply chain,
- customers,
- governance; and
	- PAI indicators - quantitative data (where available) on PAI indicators is used to evaluate whether an issuer is involved in activities that cause significant harm to any environmental or social objective.


Principal adverse impacts are the most significant negative impacts of investment decisions on sustainability factors relating to environmental, social and employee matters, respect for human rights, anti- corruption and anti- bribery matters.
How have the indicators for adverse impacts on sustainability factors been taken into account?
For sustainable investments, as set out above, Fidelity undertakes a quantitative evaluation that identifies entities with challenging performance on PAI indicators. Issuers with a low score will be ineligible to be ‘sustainable investments’ unless Fidelity’s fundamental research determines that the issuer is not breaching “do no significant harm” requirements or is on the path to mitigate the adverse impacts through effective management or transition.
How are the sustainable investments aligned with the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights? Details:
Norms-based screens are applied: Issuers identified as failing to behave in a way which meets their fundamental responsibilities in the areas of human rights, labour, environmental and anti-corruption as aligned with international norms including those set out by the OECD Guidelines for Multinational Enterprises, the UN Guiding Principles on Business and Human Rights, the UN Global Compact (UNGC) and the International Labour Organisation (ILO) Conventions, are not considered sustainable investments.
The EU Taxonomy sets out a “do not significant harm” principle by which Taxonomy-aligned investments should not significantly harm EU Taxonomy objectives and is accompanied by specific EU criteria.
The “do no significant harm” principle applies only to those investments underlying the financial product that take into account the EU criteria for environmentally sustainable economic activities. The investments underlying the remaining portion of this financial product do not take into account the EU criteria for environmentally sustainable economic activities.
Any other sustainable investments must also not significantly harm any environmental or social objectives.

###### Does this financial product consider principal adverse impacts on sustainability factors?
Yes
- NoConsideration of the principal adverse impacts on sustainability factors of investment decisions (referred to as principal adverse impacts) is incorporated through a variety of tools, including:
- Due Diligence - analysis of whether impacts on sustainability factors are material and negative.
- ESG rating - Fidelity references ESG ratings which incorporate consideration of material principal adverse impacts such as carbon emissions, employee safety and bribery and corruption, water management and, for sovereign issued securities, ratings used incorporate consideration of material principal adverse impacts such as carbon emissions, social violations and freedom of expression.
- Exclusions - When investing directly in corporate issuers, the fund applies the Exclusions (as defined below) to help mitigate the principal adverse impacts through excluding harmful sectors and prohibiting investment in issuers that breach international standards, such as the UNGC.
- Engagement - Fidelity uses engagement as a tool to better understand principal adverse impacts and, in some circumstances, advocate for mitigating the principal adverse impacts. Fidelity participates in relevant individual and collaborative engagements that target a number of principal adverse impacts (i.e. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Voting - Fidelity’s voting policy includes explicit minimum standards for board gender diversity and engagement with climate change for corporate issuers. Fidelity may also vote to help mitigate principal adverse impacts.
- Quarterly reviews - monitoring of principal adverse impacts through the fund’s quarterly review process.

Fidelity takes into account specific indicators for each sustainability factor when considering whether investments have a principal adverse impact. These indicators are subject to data availability and may evolve with improving data quality and availability.
Information on principal adverse impacts will be available in the annual report of the fund.
The investment strategy guides investment decisions based on factors such as investments objectives and risk tolerance.

######  What investment strategy does this financial product follow?
The fund is part of the Fidelity Sustainable Family of funds and adopts a Sustainable Focused strategy under which a minimum of 70% of the fund’s net assets will be invested in securities with favourable ESG characteristics.
Favourable ESG characteristics are determined by reference to ESG ratings provided by external agencies and Fidelity ESG ratings.
Issuers that are not assessed as having favourable ESG characteristics for the purposes of the primary objective (minimum 70% of assets) are eligible for inclusion, with up to 30% of assets, provided they are able to demonstrate that they are on an improving trajectory with respect to their ESG characteristics.
The average ESG rating of the fund will exceed the average ESG rating of the fund’s investment universe, as represented by the MSCI China A International Index (the "Index") (for the purpose of this calculation), after the exclusion of 20% of the assets with the lowest ESG ratings.
Within this investment universe, the Investment Manager selects stocks through rigorous bottom-up financial analysis and valuation to select stocks with strong investment return potential.
In respect of its direct investments, the fund is subject to:
- a firm-wide exclusions list, which includes cluster munitions and anti-personnel landmines, and
- a principle-based screening policy which includes:
	- norms-based screening of issuers which the Investment Manager considers have failed to conduct their business in accordance with international norms, including as set out in the UNGC; and
	- negative screening of certain sectors, issuers or practices based on specific ESG criteria where revenue thresholds may be applied.


The above exclusions and screens (the “Exclusions”) may be updated from time to time. Please refer to the website for further information Sustainable investing framework(fidelityinternational.com).
The Investment Manager also has discretion to implement enhanced, stricter sustainable requirements and exclusions from time to time.
What are the binding elements of the investment strategy used to select the investments to attain each of the environmental or social characteristics promoted by this financial product?
The fund will invest:
- a minimum of 70% of its assets in issuers with favourable ESG characteristics,
- a minimum of 25% in sustainable investments of which a minimum of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 5% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 10% have a social objective.

The fund assesses the ESG characteristics of at least 90% of its assets. The average ESG rating of the fund will exceed the average ESG rating of the fund’s investment universe, as represented by the Index (as defined above), after the exclusion of 20% of the assets with the lowest ESG ratings.
In addition, the fund will systematically apply the Exclusions to direct investments as described above.
What is the committed minimum rate to reduce the scope of the investments considered prior to the application of that investment strategy?
This question is not applicable.
Good governance practices include sound management structures, employee relations, remuneration of staff and tax compliance.
What is the policy to assess good governance practices of the investee companies?
The governance practices of issuers are assessed using fundamental research, including Fidelity ESG Ratings, data regarding controversies and UN Global Compact violations.
Key points that are analysed include track record of capital allocation, financial transparency, related party transactions, board independence and size, executive pay, auditors and internal oversight, minority shareholder rights, among other indicators.

###### What is the asset allocation planned for this financial product?
Asset allocation describes the share of investments in specific assets.
Taxonomy-aligned activities are expressed as a share of:
- turnover reflecting the share of revenue from green activities of investee companies
- capital expenditure (CapEx) showing the green investments made by investee companies,e.g. for a transition to a green economy.

- operational expenditure (OpEx) reflecting green operational activities of investee companies.
(#1 Aligned with E/S characteristics) The fund will invest:
- a minimum of 70% of its assets in securities of issuers with favourable ESG characteristics;
- a minimum of 25% of its assets in sustainable investments (#1A sustainable) of which a minimum of of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 5% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 10% have a social objective. The remaining sustainable investments of the fund may have an environmental or social objective.

(#1B Other E/S characteristics) Includes securities of issuers with favourable ESG characteristics but are not sustainable investments.
How does the use of derivatives attain the environmental or social characteristics promoted by the financial product?
Where the security underlying a derivative has favourable ESG characteristics in accordance with Fidelity's Sustainable Investing Framework, the derivative may be included in determining the proportion of the fund dedicated to promotion of environmental or social characteristics.
To what minimum extent are sustainable investments with an environmental objective aligned with the EU Taxonomy?
The fund invests a minimum of 0% in sustainable investments with an environmental objective aligned with the EU Taxonomy.
The compliance of the investments of the fund with the EU Taxonomy will not be subject to an assurance by auditors or a review by third parties.
The EU Taxonomy alignment of the underlying investments of the fund is measured by turnover.
Does the financial product invest in fossil gas and/or nuclear energy-related activities that comply with the EU Taxonomy¹?
- YesNo
- In fossil gas	In nuclear energyWhat is the minimum share of investments in transitional and enabling activities?

The fund invests a minimum of 0% in transitional activities and a minimum of 0% in enabling activities.
What is the minimum share of sustainable investments with an environmental objective that are not aligned with the EU Taxonomy?
The fund invests a minimum of 5% in sustainable investments with an environmental objective that is not aligned with the EU Taxonomy.
Investments could be aligned with the EU Taxonomy but the Investment Manager is not currently in a position to specify the exact proportion of the fund’s underlying investments which take into account the EU criteria for environmentally sustainable economic activities. However, the position will be kept under review as the underlying rules are finalised and the availability of reliable data increases over time.
¹Fossil gas and/or nuclear related activities will only comply with the EU Taxonomy where they contribute to limiting climate change (“climate change mitigation”) and do not significantly harm any EU Taxonomy objectives - see explanatory note in the left hand margin. The full criteria for fossil gas and nuclear energy economic activities that comply with the EU Taxonomy are laid down in Commission Delegated Regulation (EU) 2022/1214.
What is the minimum share of socially sustainable investments?
The fund invests a minimum of 10% in sustainable investments with a social objective.
What investments are included under “#2 Other”, what is their purpose and are there any minimum environmental or social safeguards?
The remaining investments of the fund may be invested in securities of issuers that are able to demonstrate that they are on an improving trajectory with respect to their ESG characteristics, as well as cash and cash equivalents for liquidity purposes and derivatives which may be used for investment and efficient portfolio management.
As a minimum environmental and social safeguard, the fund will adhere to the Exclusions.

###### Is a specific index designated as a reference benchmark to determine whether this financial product is aligned with the environmental and/or social characteristics that it promotes?
An index has not been designated as a reference benchmark to determine whether this financial product is aligned with the environmental or social characteristics that it promotes.
Reference benchmarks are indexes to measure whether the financial product attains the environmental or social characteristics that they promote.
How is the reference benchmark continuously aligned with each of the environmental or social characteristics promoted by the financial product?
This question is not applicable.
How is the alignment of the investment strategy with the methodology of the index ensured on a continuous basis?
This question is not applicable.
How does the designated index differ from a relevant broad market index?
This question is not applicable.
Where can the methodology used for the calculation of the designated index be found?
This question is not applicable.

###### 	Where can I find more product specific information online?
More product-specific information can be found on the website: https:/www.fidelity.lu/funds/factsheet/LU2385790154/tab-disclosure#SFDR-disclosure. 
Further information on the methodologies set out herein is available on the website: Sustainable investing framework (fidelityinternational.com).
Pre-contractual disclosure for the financial products referred to in Article 8, paragraphs 1, 2 and 2a, of Regulation (EU) 2019/2088 and Article 6, first paragraph, of Regulation (EU) 2020/852
Product name:	Legal entity identifier:
Fidelity Funds - Emerging Asia Fund	549300DFTX1HYCKWAS72

###### Environmental and/or social characteristics
| Does this financial product have a sustainable investment objective? |
| --- |
|  | - Yes
 |  | No |
| - It will make a minimum of sustainable investments with an environmental objective:%
- in economic activities that qualify as environmentally sustainable under the EU Taxonomy
- in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
- It will make a minimum of sustainable investments with a social objective:%
 | It promotes Environmental/Social (E/S) characteristics and while it does not have as its objective a sustainable investment, it will have a minimum proportion of 3% of sustainable investments - with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomywith an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomywith a social objective
- It promotes E/S characteristics, but will not make any sustainable investments
 |

What environmental and/or social characteristics are promoted by this financial product?
Sustainability indicators measure how the environmental or social characteristics promoted by the financial product are attained.
The fund promotes environmental and social characteristics by investing in securities of issuers with favourable ESG characteristics. Favourable ESG characteristics are determined by reference to ESG ratings. ESG ratings consider environmental characteristics including carbon intensity, carbon emissions, energy efficiency, water and waste management and biodiversity, as well as social characteristics including product safety, supply chain, health and safety and human rights.
The fund partially intends to make sustainable investments.
No reference benchmark has been designated for the purpose of attaining the environmental and social characteristics promoted.
What sustainability indicators are used to measure the attainment of each of the environmental or social characteristics promoted by this financial product?
The fund uses the following sustainability indicators in order to measure the attainment of the environmental or social characteristics that it promotes:
- the percentage of the fund invested in securities of issuers with favourable ESG characteristics in accordance with Fidelity’s Sustainable Investing Framework;
- in respect of its direct investments in corporate issuers, the percentage of the fund invested in securities of issuers with exposure to the Exclusions (defined below);
- the percentage of the fund invested in sustainable investments;
- the percentage of the fund invested in sustainable investments with an environmental objective in economic activities (that do not qualify as environmentally sustainable under the EU Taxonomy); and
- the percentage of the fund invested in sustainable investments with a social objective.

What are the objectives of the sustainable investments that the financial product partially intends to make and how does the sustainable investment contribute to such objectives?
The fund determines a sustainable investment as follows:
- issuers that undertake economic activities that contribute to one or more of the environmental objectives set out in the EU Taxonomy and qualify as environmentally sustainable in accordance with EU Taxonomy; or
- issuers whereby the majority of their business activities (more than 50% of revenue) contribute to environmental or social objectives aligned with one or more of the United Nations Sustainable Development Goals (“SDGs”); or
- issuers which have set a decarbonisation target consistent with a 1.5 degree warming scenario or lower (verified by the Science Based Target Initiative or a Fidelity Proprietary Climate Rating) which would be considered to contribute to environmental objectives;provided they do no significant harm, meet minimum safeguards and good governance criteria.

How do the sustainable investments that the financial product partially intends to make, not cause significant harm to any environmental or social sustainable investment objective?
Sustainable investments are screened for involvement in activities that cause significant harm and controversies, assessed through a check that the issuer meets minimum safeguards and standards that relate to principal adverse impacts (PAIs) as well as performance on PAI metrics. This includes:
- Norms-based screens - the screening out of securities identified under Fidelity’s existing norms-based screens (as set out below);
- Activity-based screens - the screening out of issuers based on their participation in activities with significant negative impacts on society or the environment, including issuers that are considered to have a ‘Very Severe’ controversy using controversy screens, covering
- environmental issues,
- human rights and communities,
- labour rights and supply chain,
- customers,
- governance; and
	- PAI indicators - quantitative data (where available) on PAI indicators is used to evaluate whether an issuer is involved in activities that cause significant harm to any environmental or social objective.


Principal adverse impacts are the most significant negative impacts of investment decisions on sustainability factors relating to environmental, social and employee matters, respect for human rights, anti- corruption and anti- bribery matters.
How have the indicators for adverse impacts on sustainability factors been taken into account?
For sustainable investments, as set out above, Fidelity undertakes a quantitative evaluation to identify issuers with challenging performance on PAI indicators. Issuers with a low score will be ineligible to be ‘sustainable investments’ unless Fidelity’s fundamental research determines that the issuer is not breaching “do no significant harm” requirements, or is on the path to mitigate the adverse impacts through effective management or transition.
How are the sustainable investments aligned with the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights? Details:
Norms-based screens are applied: Issuers identified as failing to behave in a way which meets their fundamental responsibilities in the areas of human rights, labour, environmental and anti-corruption as aligned with international norms including those set out by the OECD Guidelines for Multinational Enterprises, the UN Guiding Principles on Business and Human Rights, the UN Global Compact (UNGC) and the International Labour Organisation (ILO) Conventions, are not considered sustainable investments.
The EU Taxonomy sets out a “do not significant harm” principle by which Taxonomy-aligned investments should not significantly harm EU Taxonomy objectives and is accompanied by specific EU criteria.
The “do no significant harm” principle applies only to those investments underlying the financial product that take into account the EU criteria for environmentally sustainable economic activities. The investments underlying the remaining portion of this financial product do not take into account the EU criteria for environmentally sustainable economic activities.
Any other sustainable investments must also not significantly harm any environmental or social objectives.

###### Does this financial product consider principal adverse impacts on sustainability factors?
Yes
- NoConsideration of the principal adverse impacts on sustainability factors of investment decisions (referred to as principal adverse impacts) is incorporated through a variety of tools, including:
- Due Diligence - analysis of whether impacts on sustainability factors are material and negative.
- ESG rating - Fidelity references ESG ratings which incorporate consideration of material principal adverse impacts such as carbon emissions, employee safety and bribery and corruption, water management and, for sovereign issued securities, ratings used incorporate consideration of material principal adverse impacts such as carbon emissions, social violations and freedom of expression.
- Exclusions - When investing directly in corporate issuers, the fund applies the Exclusions (as defined below) to help mitigate the principal adverse impacts through excluding harmful sectors and prohibiting investment in issuers that breach international standards, such as the UNGC.
- Engagement - Fidelity uses engagement as a tool to better understand principal adverse impacts and, in some circumstances, advocate for mitigating the principal adverse impacts. Fidelity participates in relevant individual and collaborative engagements that target a number of principal adverse impacts (i.e. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Voting - Fidelity’s voting policy includes explicit minimum standards for board gender diversity and engagement with climate change for corporate issuers. Fidelity may also vote to help mitigate principal adverse impacts.
- Quarterly reviews - monitoring of principal adverse impacts through the fund’s quarterly review process.

Fidelity takes into account specific indicators for each sustainability factor when considering whether investments have a principal adverse impact. These indicators are subject to data availability and may evolve with improving data quality and availability.
Information on principal adverse impacts will be available in the annual report of the fund.
The investment strategy guides investment decisions based on factors such as investments objectives and risk tolerance.

######  What investment strategy does this financial product follow?
A minimum of 50% of the fund’s assets will be invested in securities with favourable ESG characteristics.
Favourable ESG characteristics are determined by reference to ESG ratings provided by external agencies and Fidelity ESG ratings.
Within this investment universe, the Investment Manager selects stocks through rigorous bottom-up financial analysis and valuation to select stocks with strong investment return potential.
In respect of its direct investments in corporate issuers, the fund is subject to:
- a firm-wide exclusions list, which includes cluster munitions and anti-personnel landmines, and
- a norms-based screening of issuers which the Investment Manager considers have failed to conduct their business in accordance with international norms, including as set out in the UNGC.

The above exclusions and screens (the “Exclusions”) may be updated from time to time. Please refer to the website for further information Sustainable investing framework(fidelityinternational.com).
The Investment Manager also has discretion to implement enhanced, stricter sustainable requirements and exclusions from time to time.
What are the binding elements of the investment strategy used to select the investments to attain each of the environmental or social characteristics promoted by this financial product?
The fund will invest:
- a minimum of 50% of its assets in issuers with favourable ESG characteristics,
- a minimum of 3% in sustainable investments of which a minimum of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 1% have a social objective.

In addition, the fund will systematically apply the Exclusions as described above.
What is the committed minimum rate to reduce the scope of the investments considered prior to the application of that investment strategy?
This question is not applicable.
Good governance practices include sound management structures, employee relations, remuneration of staff and tax compliance.
What is the policy to assess good governance practices of the investee companies?
The governance practices of issuers are assessed using fundamental research, including Fidelity ESG ratings, data regarding controversies and UN Global Compact violations.
Key points that are analysed include track record of capital allocation, financial transparency, related party transactions, board independence and size, executive pay, auditors and internal oversight, minority shareholder rights, among other indicators.
Asset allocation describes the share of investments in specific assets.
Taxonomy-aligned activities are expressed as a share of:
- turnover reflecting the share of revenue from green activities of investee companies
- capital expenditure (CapEx) showing the green investments made by investee companies,e.g. for a transition to a green economy.

- operational expenditure (OpEx) reflecting green operational activities of investee companies.

###### 	What is the asset allocation planned for this financial product?
(#1 Aligned with E/S characteristics) The fund aims to invest:
- a minimum of 50% of its assets in securities of issuers with favourable ESG characteristics,
- A minimum of 3% of its assets in sustainable investments (#1A sustainable) of which a minimum of of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 1% have a social objective. The remaining sustainable investments of the fund may have an environmental or social objective.

(#1B Other E/S characteristics) Includes securities of issuers with favourable ESG characteristics but are not sustainable investments.
How does the use of derivatives attain the environmental or social characteristics promoted by the financial product?
Where the security underlying a derivative has favourable ESG characteristics in accordance with Fidelity's Sustainable Investing Framework, the derivative may be included in determining the proportion of the fund dedicated to promotion of environmental or social characteristics.
To what minimum extent are sustainable investments with an environmental objective aligned with the EU Taxonomy?
The fund invests a minimum of 0% in sustainable investments with an environmental objective aligned with the EU Taxonomy.
The compliance of the investments of the fund with the EU Taxonomy will not be subject to an assurance by auditors or a review by third parties.
The EU Taxonomy alignment of the underlying investments of the fund is measured by turnover.
Does the financial product invest in fossil gas and/or nuclear energy-related activities that comply with the EU Taxonomy¹?
- YesNo
- In fossil gas	In nuclear energyWhat is the minimum share of investments in transitional and enabling activities?

The fund invests a minimum of 0% in transitional activities and a minimum of 0% in enabling activities.
What is the minimum share of sustainable investments with an environmental objective that are not aligned with the EU Taxonomy?
The fund invests a minimum of 1% in sustainable investments with an environmental objective that is not aligned with the EU Taxonomy.
Investments could be aligned with the EU Taxonomy but the Investment Manager is not currently in a position to specify the exact proportion of the fund’s underlying investments which take into account the EU criteria for environmentally sustainable economic activities. However, the position will be kept under review as the underlying rules are finalised and the availability of reliable data increases over time.
¹Fossil gas and/or nuclear related activities will only comply with the EU Taxonomy where they contribute to limiting climate change (“climate change mitigation”) and do not significantly harm any EU Taxonomy objectives - see explanatory note in the left hand margin. The full criteria for fossil gas and nuclear energy economic activities that comply with the EU Taxonomy are laid down in Commission Delegated Regulation (EU) 2022/1214.
What is the minimum share of socially sustainable investments?
The fund invests a minimum of 1% in sustainable investments with a social objective.
What investments are included under “#2 Other”, what is their purpose and are there any minimum environmental or social safeguards?
The remaining investments of the fund will be invested in assets aligned with the financial objective of the fund, cash and cash equivalents for liquidity purposes and derivatives which may be used for investment and efficient portfolio management.
As a minimum environmental and social safeguard, the fund will adhere to the Exclusions.

###### Is a specific index designated as a reference benchmark to determine whether this financial product is aligned with the environmental and/or social characteristics that it promotes?
An index has not been designated as a reference benchmark to determine whether this financial product is aligned with the environmental or social characteristics that it promotes.
Reference benchmarks are indexes to measure whether the financial product attains the environmental or social characteristics that they promote.
How is the reference benchmark continuously aligned with each of the environmental or social characteristics promoted by the financial product?
This question is not applicable.
How is the alignment of the investment strategy with the methodology of the index ensured on a continuous basis?
This question is not applicable.
How does the designated index differ from a relevant broad market index?
This question is not applicable.
Where can the methodology used for the calculation of the designated index be found?
This question is not applicable.

###### 	Where can I find more product specific information online?
More product-specific information can be found on the website: https:/www.fidelity.lu/funds/factsheet/LU0329678410/tab-disclosure#SFDR-disclosure. 
Further information on the methodologies set out herein is available on the website: Sustainable investing framework (fidelityinternational.com).
Pre-contractual disclosure for the financial products referred to in Article 8, paragraphs 1, 2 and 2a, of Regulation (EU) 2019/2088 and Article 6, first paragraph, of Regulation (EU) 2020/852
Product name:	Legal entity identifier:
Fidelity Funds - Emerging Markets Fund	5493002DANCVJDN6B565

###### Environmental and/or social characteristics
| Does this financial product have a sustainable investment objective? |
| --- |
|  | - Yes
 |  | No |
| - It will make a minimum of sustainable investments with an environmental objective:%
- in economic activities that qualify as environmentally sustainable under the EU Taxonomy
- in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
- It will make a minimum of sustainable investments with a social objective:%
 | It promotes Environmental/Social (E/S) characteristics and while it does not have as its objective a sustainable investment, it will have a minimum proportion of 10% of sustainable investments - with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomywith an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomywith a social objective
- It promotes E/S characteristics, but will not make any sustainable investments
 |

What environmental and/or social characteristics are promoted by this financial product?
Sustainability indicators measure how the environmental or social characteristics promoted by the financial product are attained.
The fund promotes environmental and social characteristics by investing in securities of issuers with favourable ESG characteristics. Favourable ESG characteristics are determined by reference to ESG ratings. ESG ratings consider environmental characteristics including carbon intensity, carbon emissions, energy efficiency, water and waste management and biodiversity, as well as social characteristics including product safety, supply chain, health and safety and human rights.
The fund partially intends to make sustainable investments.
No reference benchmark has been designated for the purpose of attaining the environmental and social characteristics promoted.
What sustainability indicators are used to measure the attainment of each of the environmental or social characteristics promoted by this financial product?
The fund uses the following sustainability indicators in order to measure the attainment of the environmental or social characteristics that it promotes:
- the percentage of the fund invested in securities of issuers with favourable ESG characteristics in accordance with Fidelity’s Sustainable Investing Framework;
- in respect of its direct investments in corporate issuers, the percentage of the fund invested in securities of issuers with exposure to the Exclusions (defined below);
- the percentage of the fund invested in sustainable investments;
- the percentage of the fund invested in sustainable investments with an environmental objective in economic activities (that do not qualify as environmentally sustainable under the EU Taxonomy); and
- the percentage of the fund invested in sustainable investments with a social objective.

What are the objectives of the sustainable investments that the financial product partially intends to make and how does the sustainable investment contribute to such objectives?
The fund determines a sustainable investment as follows:
- issuers that undertake economic activities that contribute to one or more of the environmental objectives set out in the EU Taxonomy and qualify as environmentally sustainable in accordance with EU Taxonomy; or
- issuers whereby the majority of their business activities (more than 50% of revenue) contribute to environmental or social objectives aligned with one or more of the United Nations Sustainable Development Goals (“SDGs”); or
- issuers which have set a decarbonisation target consistent with a 1.5 degree warming scenario or lower (verified by the Science Based Target Initiative or a Fidelity Proprietary Climate Rating) which would be considered to contribute to environmental objectives;provided they do no significant harm, meet minimum safeguards and good governance criteria.

How do the sustainable investments that the financial product partially intends to make, not cause significant harm to any environmental or social sustainable investment objective?
Sustainable investments are screened for involvement in activities that cause significant harm and controversies, assessed through a check that the issuer meets minimum safeguards and standards that relate to principal adverse impacts (PAIs) as well as performance on PAI metrics. This includes:
- Norms-based screens - the screening out of securities identified under Fidelity’s existing norms-based screens (as set out below);
- Activity-based screens - the screening out of issuers based on their participation in activities with significant negative impacts on society or the environment, including issuers that are considered to have a ‘Very Severe’ controversy using controversy screens, covering
- environmental issues,
- human rights and communities,
- labour rights and supply chain,
- customers,
- governance; and
	- PAI indicators - quantitative data (where available) on PAI indicators is used to evaluate whether an issuer is involved in activities that cause significant harm to any environmental or social objective.


Principal adverse impacts are the most significant negative impacts of investment decisions on sustainability factors relating to environmental, social and employee matters, respect for human rights, anti- corruption and anti- bribery matters.
How have the indicators for adverse impacts on sustainability factors been taken into account?
For sustainable investments, as set out above, Fidelity undertakes a quantitative evaluation to identify issuers with challenging performance on PAI indicators. Issuers with a low score will be ineligible to be ‘sustainable investments’ unless Fidelity’s fundamental research determines that the issuer is not breaching “do no significant harm” requirements, or is on the path to mitigate the adverse impacts through effective management or transition.
How are the sustainable investments aligned with the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights? Details:
Norms-based screens are applied: Issuers identified as failing to behave in a way which meets their fundamental responsibilities in the areas of human rights, labour, environmental and anti-corruption as aligned with international norms including those set out by the OECD Guidelines for Multinational Enterprises, the UN Guiding Principles on Business and Human Rights, the UN Global Compact (UNGC) and the International Labour Organisation (ILO) Conventions, are not considered sustainable investments.
The EU Taxonomy sets out a “do not significant harm” principle by which Taxonomy-aligned investments should not significantly harm EU Taxonomy objectives and is accompanied by specific EU criteria.
The “do no significant harm” principle applies only to those investments underlying the financial product that take into account the EU criteria for environmentally sustainable economic activities. The investments underlying the remaining portion of this financial product do not take into account the EU criteria for environmentally sustainable economic activities.
Any other sustainable investments must also not significantly harm any environmental or social objectives.

###### Does this financial product consider principal adverse impacts on sustainability factors?
Yes
- NoConsideration of the principal adverse impacts on sustainability factors of investment decisions (referred to as principal adverse impacts) is incorporated through a variety of tools, including:
- Due Diligence - analysis of whether impacts on sustainability factors are material and negative.
- ESG rating - Fidelity references ESG ratings which incorporate consideration of material principal adverse impacts such as carbon emissions, employee safety and bribery and corruption, water management and, for sovereign issued securities, ratings used incorporate consideration of material principal adverse impacts such as carbon emissions, social violations and freedom of expression.
- Exclusions - When investing directly in corporate issuers, the fund applies the Exclusions (as defined below) to help mitigate the principal adverse impacts through excluding harmful sectors and prohibiting investment in issuers that breach international standards, such as the UNGC.
- Engagement - Fidelity uses engagement as a tool to better understand principal adverse impacts and, in some circumstances, advocate for mitigating the principal adverse impacts. Fidelity participates in relevant individual and collaborative engagements that target a number of principal adverse impacts (i.e. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Voting - Fidelity’s voting policy includes explicit minimum standards for board gender diversity and engagement with climate change for corporate issuers. Fidelity may also vote to help mitigate principal adverse impacts.
- Quarterly reviews - monitoring of principal adverse impacts through the fund’s quarterly review process.

Fidelity takes into account specific indicators for each sustainability factor when considering whether investments have a principal adverse impact. These indicators are subject to data availability and may evolve with improving data quality and availability.
Information on principal adverse impacts will be available in the annual report of the fund.
The investment strategy guides investment decisions based on factors such as investments objectives and risk tolerance.

######  What investment strategy does this financial product follow?
A minimum of 50% of the fund’s assets will be invested in securities with favourable ESG characteristics.
Favourable ESG characteristics are determined by reference to ESG ratings provided by external agencies and Fidelity ESG ratings.
Within this investment universe, the Investment Manager selects stocks through rigorous bottom-up financial analysis and valuation to select stocks with strong investment return potential.
In respect of its direct investments in corporate issuers, the fund is subject to:
- a firm-wide exclusions list, which includes cluster munitions and anti-personnel landmines, and
- a norms-based screening of issuers which the Investment Manager considers have failed to conduct their business in accordance with international norms, including as set out in the UNGC.

The above exclusions and screens (the “Exclusions”) may be updated from time to time. Please refer to the website for further information Sustainable investing framework(fidelityinternational.com).
The Investment Manager also has discretion to implement enhanced, stricter sustainable requirements and exclusions from time to time.
What are the binding elements of the investment strategy used to select the investments to attain each of the environmental or social characteristics promoted by this financial product?
The fund will invest:
- a minimum of 50% of its assets in issuers with favourable ESG characteristics,
- a minimum of 10% in sustainable investments of which a minimum of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 1% have a social objective.

In addition, the fund will systematically apply the Exclusions as described above.
What is the committed minimum rate to reduce the scope of the investments considered prior to the application of that investment strategy?
This question is not applicable.
Good governance practices include sound management structures, employee relations, remuneration of staff and tax compliance.
What is the policy to assess good governance practices of the investee companies?
The governance practices of issuers are assessed using fundamental research, including Fidelity ESG ratings, data regarding controversies and UN Global Compact violations.
Key points that are analysed include track record of capital allocation, financial transparency, related party transactions, board independence and size, executive pay, auditors and internal oversight, minority shareholder rights, among other indicators.
Asset allocation describes the share of investments in specific assets.
Taxonomy-aligned activities are expressed as a share of:
- turnover reflecting the share of revenue from green activities of investee companies
- capital expenditure (CapEx) showing the green investments made by investee companies,e.g. for a transition to a green economy.

- operational expenditure (OpEx) reflecting green operational activities of investee companies.

###### 	What is the asset allocation planned for this financial product?
(#1 Aligned with E/S characteristics) The fund aims to invest:
- a minimum of 50% of its assets in securities of issuers with favourable ESG characteristics,
- A minimum of 10% of its assets in sustainable investments (#1A sustainable) of whicha minimum of of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 1% have a social objective. The remaining sustainable investments of the fund may have an environmental or social objective.

(#1B Other E/S characteristics) Includes securities of issuers with favourable ESG characteristics but are not sustainable investments.
How does the use of derivatives attain the environmental or social characteristics promoted by the financial product?
Where the security underlying a derivative has favourable ESG characteristics in accordance with Fidelity's Sustainable Investing Framework, the derivative may be included in determining the proportion of the fund dedicated to promotion of environmental or social characteristics.
To what minimum extent are sustainable investments with an environmental objective aligned with the EU Taxonomy?
The fund invests a minimum of 0% in sustainable investments with an environmental objective aligned with the EU Taxonomy.
The compliance of the investments of the fund with the EU Taxonomy will not be subject to an assurance by auditors or a review by third parties.
The EU Taxonomy alignment of the underlying investments of the fund is measured by turnover.
Does the financial product invest in fossil gas and/or nuclear energy-related activities that comply with the EU Taxonomy¹?
- YesNo
- In fossil gas	In nuclear energyWhat is the minimum share of investments in transitional and enabling activities?

The fund invests a minimum of 0% in transitional activities and a minimum of 0% in enabling activities.
What is the minimum share of sustainable investments with an environmental objective that are not aligned with the EU Taxonomy?
The fund invests a minimum of 1% in sustainable investments with an environmental objective that is not aligned with the EU Taxonomy.
Investments could be aligned with the EU Taxonomy but the Investment Manager is not currently in a position to specify the exact proportion of the fund’s underlying investments which take into account the EU criteria for environmentally sustainable economic activities. However, the position will be kept under review as the underlying rules are finalised and the availability of reliable data increases over time.
¹Fossil gas and/or nuclear related activities will only comply with the EU Taxonomy where they contribute to limiting climate change (“climate change mitigation”) and do not significantly harm any EU Taxonomy objectives - see explanatory note in the left hand margin. The full criteria for fossil gas and nuclear energy economic activities that comply with the EU Taxonomy are laid down in Commission Delegated Regulation (EU) 2022/1214.
What is the minimum share of socially sustainable investments?
The fund invests a minimum of 1% in sustainable investments with a social objective.
What investments are included under “#2 Other”, what is their purpose and are there any minimum environmental or social safeguards?
The remaining investments of the fund will be invested in assets aligned with the financial objective of the fund, cash and cash equivalents for liquidity purposes and derivatives which may be used for investment and efficient portfolio management.
As a minimum environmental and social safeguard, the fund will adhere to the Exclusions.

###### Is a specific index designated as a reference benchmark to determine whether this financial product is aligned with the environmental and/or social characteristics that it promotes?
An index has not been designated as a reference benchmark to determine whether this financial product is aligned with the environmental or social characteristics that it promotes.
Reference benchmarks are indexes to measure whether the financial product attains the environmental or social characteristics that they promote.
How is the reference benchmark continuously aligned with each of the environmental or social characteristics promoted by the financial product?
This question is not applicable.
How is the alignment of the investment strategy with the methodology of the index ensured on a continuous basis?
This question is not applicable.
How does the designated index differ from a relevant broad market index?
This question is not applicable.
Where can the methodology used for the calculation of the designated index be found?
This question is not applicable.

###### 	Where can I find more product specific information online?
More product-specific information can be found on the website: https:/www.fidelity.lu/funds/factsheet/LU1048684796/tab-disclosure#SFDR-disclosure. 
Further information on the methodologies set out herein is available on the website: Sustainable investing framework (fidelityinternational.com).
Pre-contractual disclosure for the financial products referred to in Article 8, paragraphs 1, 2 and 2a, of Regulation (EU) 2019/2088 and Article 6, first paragraph, of Regulation (EU) 2020/852
Product name:	Legal entity identifier:
Fidelity Funds - Institutional Emerging Markets Equity Fund	549300APJHM18WNUFH86

###### Environmental and/or social characteristics
| Does this financial product have a sustainable investment objective? |
| --- |
|  | - Yes
 |  | No |
| - It will make a minimum of sustainable investments with an environmental objective:%
- in economic activities that qualify as environmentally sustainable under the EU Taxonomy
- in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
- It will make a minimum of sustainable investments with a social objective:%
 | It promotes Environmental/Social (E/S) characteristics and while it does not have as its objective a sustainable investment, it will have a minimum proportion of 10% of sustainable investments - with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomywith an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomywith a social objective
- It promotes E/S characteristics, but will not make any sustainable investments
 |

What environmental and/or social characteristics are promoted by this financial product?
Sustainability indicators measure how the environmental or social characteristics promoted by the financial product are attained.
The fund promotes environmental and social characteristics by investing in securities of issuers with favourable ESG characteristics. Favourable ESG characteristics are determined by reference to ESG ratings. ESG ratings consider environmental characteristics including carbon intensity, carbon emissions, energy efficiency, water and waste management and biodiversity, as well as social characteristics including product safety, supply chain, health and safety and human rights.
The fund partially intends to make sustainable investments.
No reference benchmark has been designated for the purpose of attaining the environmental and social characteristics promoted.
What sustainability indicators are used to measure the attainment of each of the environmental or social characteristics promoted by this financial product?
The fund uses the following sustainability indicators in order to measure the attainment of the environmental or social characteristics that it promotes:
- the percentage of the fund invested in securities of issuers with favourable ESG characteristics in accordance with Fidelity’s Sustainable Investing Framework;
- in respect of its direct investments in corporate issuers, the percentage of the fund invested in securities of issuers with exposure to the Exclusions (defined below);
- the percentage of the fund invested in sustainable investments;
- the percentage of the fund invested in sustainable investments with an environmental objective in economic activities (that do not qualify as environmentally sustainable under the EU Taxonomy); and
- the percentage of the fund invested in sustainable investments with a social objective.

What are the objectives of the sustainable investments that the financial product partially intends to make and how does the sustainable investment contribute to such objectives?
The fund determines a sustainable investment as follows:
- issuers that undertake economic activities that contribute to one or more of the environmental objectives set out in the EU Taxonomy and qualify as environmentally sustainable in accordance with EU Taxonomy; or
- issuers whereby the majority of their business activities (more than 50% of revenue) contribute to environmental or social objectives aligned with one or more of the United Nations Sustainable Development Goals (“SDGs”); or
- issuers which have set a decarbonisation target consistent with a 1.5 degree warming scenario or lower (verified by the Science Based Target Initiative or a Fidelity Proprietary Climate Rating) which would be considered to contribute to environmental objectives;provided they do no significant harm, meet minimum safeguards and good governance criteria.

How do the sustainable investments that the financial product partially intends to make, not cause significant harm to any environmental or social sustainable investment objective?
Sustainable investments are screened for involvement in activities that cause significant harm and controversies, assessed through a check that the issuer meets minimum safeguards and standards that relate to principal adverse impacts (PAIs) as well as performance on PAI metrics. This includes:
- Norms-based screens - the screening out of securities identified under Fidelity’s existing norms-based screens (as set out below);
- Activity-based screens - the screening out of issuers based on their participation in activities with significant negative impacts on society or the environment, including issuers that are considered to have a ‘Very Severe’ controversy using controversy screens, covering
- environmental issues,
- human rights and communities,
- labour rights and supply chain,
- customers,
- governance; and
	- PAI indicators - quantitative data (where available) on PAI indicators is used to evaluate whether an issuer is involved in activities that cause significant harm to any environmental or social objective.


Principal adverse impacts are the most significant negative impacts of investment decisions on sustainability factors relating to environmental, social and employee matters, respect for human rights, anti- corruption and anti- bribery matters.
How have the indicators for adverse impacts on sustainability factors been taken into account?
For sustainable investments, as set out above, Fidelity undertakes a quantitative evaluation to identify issuers with challenging performance on PAI indicators. Issuers with a low score will be ineligible to be ‘sustainable investments’ unless Fidelity’s fundamental research determines that the issuer is not breaching “do no significant harm” requirements, or is on the path to mitigate the adverse impacts through effective management or transition.
How are the sustainable investments aligned with the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights? Details:
Norms-based screens are applied: Issuers identified as failing to behave in a way which meets their fundamental responsibilities in the areas of human rights, labour, environmental and anti-corruption as aligned with international norms including those set out by the OECD Guidelines for Multinational Enterprises, the UN Guiding Principles on Business and Human Rights, the UN Global Compact (UNGC) and the International Labour Organisation (ILO) Conventions, are not considered sustainable investments.
The EU Taxonomy sets out a “do not significant harm” principle by which Taxonomy-aligned investments should not significantly harm EU Taxonomy objectives and is accompanied by specific EU criteria.
The “do no significant harm” principle applies only to those investments underlying the financial product that take into account the EU criteria for environmentally sustainable economic activities. The investments underlying the remaining portion of this financial product do not take into account the EU criteria for environmentally sustainable economic activities.
Any other sustainable investments must also not significantly harm any environmental or social objectives.

###### Does this financial product consider principal adverse impacts on sustainability factors?
Yes
- NoConsideration of the principal adverse impacts on sustainability factors of investment decisions (referred to as principal adverse impacts) is incorporated through a variety of tools, including:
- Due Diligence - analysis of whether impacts on sustainability factors are material and negative.
- ESG rating - Fidelity references ESG ratings which incorporate consideration of material principal adverse impacts such as carbon emissions, employee safety and bribery and corruption, water management and, for sovereign issued securities, ratings used incorporate consideration of material principal adverse impacts such as carbon emissions, social violations and freedom of expression.
- Exclusions - When investing directly in corporate issuers, the fund applies the Exclusions (as defined below) to help mitigate the principal adverse impacts through excluding harmful sectors and prohibiting investment in issuers that breach international standards, such as the UNGC.
- Engagement - Fidelity uses engagement as a tool to better understand principal adverse impacts and, in some circumstances, advocate for mitigating the principal adverse impacts. Fidelity participates in relevant individual and collaborative engagements that target a number of principal adverse impacts (i.e. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Voting - Fidelity’s voting policy includes explicit minimum standards for board gender diversity and engagement with climate change for corporate issuers. Fidelity may also vote to help mitigate principal adverse impacts.
- Quarterly reviews - monitoring of principal adverse impacts through the fund’s quarterly review process.

Fidelity takes into account specific indicators for each sustainability factor when considering whether investments have a principal adverse impact. These indicators are subject to data availability and may evolve with improving data quality and availability.
Information on principal adverse impacts will be available in the annual report of the fund.
The investment strategy guides investment decisions based on factors such as investments objectives and risk tolerance.

######  What investment strategy does this financial product follow?
A minimum of 50% of the fund’s assets will be invested in securities with favourable ESG characteristics.
Favourable ESG characteristics are determined by reference to ESG ratings provided by external agencies and Fidelity ESG ratings.
Within this investment universe, the Investment Manager selects stocks through rigorous bottom-up financial analysis and valuation to select stocks with strong investment return potential.
In respect of its direct investments in corporate issuers, the fund is subject to:
- a firm-wide exclusions list, which includes cluster munitions and anti-personnel landmines, and
- a norms-based screening of issuers which the Investment Manager considers have failed to conduct their business in accordance with international norms, including as set out in the UNGC.

The above exclusions and screens (the “Exclusions”) may be updated from time to time. Please refer to the website for further information Sustainable investing framework(fidelityinternational.com).
The Investment Manager also has discretion to implement enhanced, stricter sustainable requirements and exclusions from time to time.
What are the binding elements of the investment strategy used to select the investments to attain each of the environmental or social characteristics promoted by this financial product?
The fund will invest:
- a minimum of 50% of its assets in issuers with favourable ESG characteristics,
- a minimum of 10% in sustainable investments of which a minimum of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 1% have a social objective.

In addition, the fund will systematically apply the Exclusions as described above.
What is the committed minimum rate to reduce the scope of the investments considered prior to the application of that investment strategy?
This question is not applicable.
Good governance practices include sound management structures, employee relations, remuneration of staff and tax compliance.
What is the policy to assess good governance practices of the investee companies?
The governance practices of issuers are assessed using fundamental research, including Fidelity ESG ratings, data regarding controversies and UN Global Compact violations.
Key points that are analysed include track record of capital allocation, financial transparency, related party transactions, board independence and size, executive pay, auditors and internal oversight, minority shareholder rights, among other indicators.
Asset allocation describes the share of investments in specific assets.
Taxonomy-aligned activities are expressed as a share of:
- turnover reflecting the share of revenue from green activities of investee companies
- capital expenditure (CapEx) showing the green investments made by investee companies,e.g. for a transition to a green economy.

- operational expenditure (OpEx) reflecting green operational activities of investee companies.

###### 	What is the asset allocation planned for this financial product?
(#1 Aligned with E/S characteristics) The fund aims to invest:
- a minimum of 50% of its assets in securities of issuers with favourable ESG characteristics,
- A minimum of 10% of its assets in sustainable investments (#1A sustainable) of whicha minimum of of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 1% have a social objective. The remaining sustainable investments of the fund may have an environmental or social objective.

(#1B Other E/S characteristics) Includes securities of issuers with favourable ESG characteristics but are not sustainable investments.
How does the use of derivatives attain the environmental or social characteristics promoted by the financial product?
Where the security underlying a derivative has favourable ESG characteristics in accordance with Fidelity's Sustainable Investing Framework, the derivative may be included in determining the proportion of the fund dedicated to promotion of environmental or social characteristics.
To what minimum extent are sustainable investments with an environmental objective aligned with the EU Taxonomy?
The fund invests a minimum of 0% in sustainable investments with an environmental objective aligned with the EU Taxonomy.
The compliance of the investments of the fund with the EU Taxonomy will not be subject to an assurance by auditors or a review by third parties.
The EU Taxonomy alignment of the underlying investments of the fund is measured by turnover.
Does the financial product invest in fossil gas and/or nuclear energy-related activities that comply with the EU Taxonomy¹?
- YesNo
- In fossil gas	In nuclear energyWhat is the minimum share of investments in transitional and enabling activities?

The fund invests a minimum of 0% in transitional activities and a minimum of 0% in enabling activities.
What is the minimum share of sustainable investments with an environmental objective that are not aligned with the EU Taxonomy?
The fund invests a minimum of 1% in sustainable investments with an environmental objective that is not aligned with the EU Taxonomy.
Investments could be aligned with the EU Taxonomy but the Investment Manager is not currently in a position to specify the exact proportion of the fund’s underlying investments which take into account the EU criteria for environmentally sustainable economic activities. However, the position will be kept under review as the underlying rules are finalised and the availability of reliable data increases over time.
¹Fossil gas and/or nuclear related activities will only comply with the EU Taxonomy where they contribute to limiting climate change (“climate change mitigation”) and do not significantly harm any EU Taxonomy objectives - see explanatory note in the left hand margin. The full criteria for fossil gas and nuclear energy economic activities that comply with the EU Taxonomy are laid down in Commission Delegated Regulation (EU) 2022/1214.
What is the minimum share of socially sustainable investments?
The fund invests a minimum of 1% in sustainable investments with a social objective.
What investments are included under “#2 Other”, what is their purpose and are there any minimum environmental or social safeguards?
The remaining investments of the fund will be invested in assets aligned with the financial objective of the fund, cash and cash equivalents for liquidity purposes and derivatives which may be used for investment and efficient portfolio management.
As a minimum environmental and social safeguard, the fund will adhere to the Exclusions.

###### Is a specific index designated as a reference benchmark to determine whether this financial product is aligned with the environmental and/or social characteristics that it promotes?
An index has not been designated as a reference benchmark to determine whether this financial product is aligned with the environmental or social characteristics that it promotes.
Reference benchmarks are indexes to measure whether the financial product attains the environmental or social characteristics that they promote.
How is the reference benchmark continuously aligned with each of the environmental or social characteristics promoted by the financial product?
This question is not applicable.
How is the alignment of the investment strategy with the methodology of the index ensured on a continuous basis?
This question is not applicable.
How does the designated index differ from a relevant broad market index?
This question is not applicable.
Where can the methodology used for the calculation of the designated index be found?
This question is not applicable.

###### 	Where can I find more product specific information online?
More product-specific information can be found on the website: https:/www.fidelity.lu/funds/factsheet/LU0261963291/tab-disclosure#SFDR-disclosure. 
Further information on the methodologies set out herein is available on the website: Sustainable investing framework (fidelityinternational.com).
Pre-contractual disclosure for the financial products referred to in Article 8, paragraphs 1, 2 and 2a, of Regulation (EU) 2019/2088 and Article 6, first paragraph, of Regulation (EU) 2020/852
Product name:	Legal entity identifier:
Fidelity Funds - India Focus Fund	549300H5IORI7FHCNE34

###### Environmental and/or social characteristics
| Does this financial product have a sustainable investment objective? |
| --- |
|  | - Yes
 |  | No |
| - It will make a minimum of sustainable investments with an environmental objective:%
- in economic activities that qualify as environmentally sustainable under the EU Taxonomy
- in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
- It will make a minimum of sustainable investments with a social objective:%
 | It promotes Environmental/Social (E/S) characteristics and while it does not have as its objective a sustainable investment, it will have a minimum proportion of 20% of sustainable investments - with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomywith an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomywith a social objective
- It promotes E/S characteristics, but will not make any sustainable investments
 |

What environmental and/or social characteristics are promoted by this financial product?
Sustainability indicators measure how the environmental or social characteristics promoted by the financial product are attained.
The fund promotes environmental and social characteristics by investing in securities of issuers with favourable ESG characteristics. Favourable ESG characteristics are determined by reference to ESG ratings. ESG ratings consider environmental characteristics including carbon intensity, carbon emissions, energy efficiency, water and waste management and biodiversity, as well as social characteristics including product safety, supply chain, health and safety and human rights.
The fund partially intends to make sustainable investments.
No reference benchmark has been designated for the purpose of attaining the environmental and social characteristics promoted.
What sustainability indicators are used to measure the attainment of each of the environmental or social characteristics promoted by this financial product?
The fund uses the following sustainability indicators in order to measure the attainment of the environmental or social characteristics that it promotes:
- the percentage of the fund invested in securities of issuers with favourable ESG characteristics in accordance with Fidelity’s Sustainable Investing Framework;
- in respect of its direct investments in corporate issuers, the percentage of the fund invested in securities of issuers with exposure to the Exclusions (defined below);
- the percentage of the fund invested in sustainable investments;
- the percentage of the fund invested in sustainable investments with an environmental objective in economic activities (that do not qualify as environmentally sustainable under the EU Taxonomy); and
- the percentage of the fund invested in sustainable investments with a social objective.

What are the objectives of the sustainable investments that the financial product partially intends to make and how does the sustainable investment contribute to such objectives?
The fund determines a sustainable investment as follows:
- issuers that undertake economic activities that contribute to one or more of the environmental objectives set out in the EU Taxonomy and qualify as environmentally sustainable in accordance with EU Taxonomy; or
- issuers whereby the majority of their business activities (more than 50% of revenue) contribute to environmental or social objectives aligned with one or more of the United Nations Sustainable Development Goals (“SDGs”); or
- issuers which have set a decarbonisation target consistent with a 1.5 degree warming scenario or lower (verified by the Science Based Target Initiative or a Fidelity Proprietary Climate Rating) which would be considered to contribute to environmental objectives;provided they do no significant harm, meet minimum safeguards and good governance criteria.

How do the sustainable investments that the financial product partially intends to make, not cause significant harm to any environmental or social sustainable investment objective?
Sustainable investments are screened for involvement in activities that cause significant harm and controversies, assessed through a check that the issuer meets minimum safeguards and standards that relate to principal adverse impacts (PAIs) as well as performance on PAI metrics. This includes:
- Norms-based screens - the screening out of securities identified under Fidelity’s existing norms-based screens (as set out below);
- Activity-based screens - the screening out of issuers based on their participation in activities with significant negative impacts on society or the environment, including issuers that are considered to have a ‘Very Severe’ controversy using controversy screens, covering
- environmental issues,
- human rights and communities,
- labour rights and supply chain,
- customers,
- governance; and
	- PAI indicators - quantitative data (where available) on PAI indicators is used to evaluate whether an issuer is involved in activities that cause significant harm to any environmental or social objective.


Principal adverse impacts are the most significant negative impacts of investment decisions on sustainability factors relating to environmental, social and employee matters, respect for human rights, anti- corruption and anti- bribery matters.
How have the indicators for adverse impacts on sustainability factors been taken into account?
For sustainable investments, as set out above, Fidelity undertakes a quantitative evaluation to identify issuers with challenging performance on PAI indicators. Issuers with a low score will be ineligible to be ‘sustainable investments’ unless Fidelity’s fundamental research determines that the issuer is not breaching “do no significant harm” requirements, or is on the path to mitigate the adverse impacts through effective management or transition.
How are the sustainable investments aligned with the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights? Details:
Norms-based screens are applied: Issuers identified as failing to behave in a way which meets their fundamental responsibilities in the areas of human rights, labour, environmental and anti-corruption as aligned with international norms including those set out by the OECD Guidelines for Multinational Enterprises, the UN Guiding Principles on Business and Human Rights, the UN Global Compact (UNGC) and the International Labour Organisation (ILO) Conventions, are not considered sustainable investments.
The EU Taxonomy sets out a “do not significant harm” principle by which Taxonomy-aligned investments should not significantly harm EU Taxonomy objectives and is accompanied by specific EU criteria.
The “do no significant harm” principle applies only to those investments underlying the financial product that take into account the EU criteria for environmentally sustainable economic activities. The investments underlying the remaining portion of this financial product do not take into account the EU criteria for environmentally sustainable economic activities.
Any other sustainable investments must also not significantly harm any environmental or social objectives.

###### Does this financial product consider principal adverse impacts on sustainability factors?
Yes
- NoConsideration of the principal adverse impacts on sustainability factors of investment decisions (referred to as principal adverse impacts) is incorporated through a variety of tools, including:
- Due Diligence - analysis of whether impacts on sustainability factors are material and negative.
- ESG rating - Fidelity references ESG ratings which incorporate consideration of material principal adverse impacts such as carbon emissions, employee safety and bribery and corruption, water management and, for sovereign issued securities, ratings used incorporate consideration of material principal adverse impacts such as carbon emissions, social violations and freedom of expression.
- Exclusions - When investing directly in corporate issuers, the fund applies the Exclusions (as defined below) to help mitigate the principal adverse impacts through excluding harmful sectors and prohibiting investment in issuers that breach international standards, such as the UNGC.
- Engagement - Fidelity uses engagement as a tool to better understand principal adverse impacts and, in some circumstances, advocate for mitigating the principal adverse impacts. Fidelity participates in relevant individual and collaborative engagements that target a number of principal adverse impacts (i.e. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Voting - Fidelity’s voting policy includes explicit minimum standards for board gender diversity and engagement with climate change for corporate issuers. Fidelity may also vote to help mitigate principal adverse impacts.
- Quarterly reviews - monitoring of principal adverse impacts through the fund’s quarterly review process.

Fidelity takes into account specific indicators for each sustainability factor when considering whether investments have a principal adverse impact. These indicators are subject to data availability and may evolve with improving data quality and availability.
Information on principal adverse impacts will be available in the annual report of the fund.
The investment strategy guides investment decisions based on factors such as investments objectives and risk tolerance.

######  What investment strategy does this financial product follow?
A minimum of 50% of the fund’s assets will be invested in securities with favourable ESG characteristics.
Favourable ESG characteristics are determined by reference to ESG ratings provided by external agencies and Fidelity ESG ratings.
Within this investment universe, the Investment Manager selects stocks through rigorous bottom-up financial analysis and valuation to select stocks with strong investment return potential.
In respect of its direct investments in corporate issuers, the fund is subject to:
- a firm-wide exclusions list, which includes cluster munitions and anti-personnel landmines, and
- a norms-based screening of issuers which the Investment Manager considers have failed to conduct their business in accordance with international norms, including as set out in the UNGC.

The above exclusions and screens (the “Exclusions”) may be updated from time to time. Please refer to the website for further information Sustainable investing framework(fidelityinternational.com).
The Investment Manager also has discretion to implement enhanced, stricter sustainable requirements and exclusions from time to time.
What are the binding elements of the investment strategy used to select the investments to attain each of the environmental or social characteristics promoted by this financial product?
The fund will invest:
- a minimum of 50% of its assets in issuers with favourable ESG characteristics,
- a minimum of 20% in sustainable investments of which a minimum of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 5% have a social objective.

In addition, the fund will systematically apply the Exclusions as described above.
What is the committed minimum rate to reduce the scope of the investments considered prior to the application of that investment strategy?
This question is not applicable.
Good governance practices include sound management structures, employee relations, remuneration of staff and tax compliance.
What is the policy to assess good governance practices of the investee companies?
The governance practices of issuers are assessed using fundamental research, including Fidelity ESG ratings, data regarding controversies and UN Global Compact violations.
Key points that are analysed include track record of capital allocation, financial transparency, related party transactions, board independence and size, executive pay, auditors and internal oversight, minority shareholder rights, among other indicators.
Asset allocation describes the share of investments in specific assets.
Taxonomy-aligned activities are expressed as a share of:
- turnover reflecting the share of revenue from green activities of investee companies
- capital expenditure (CapEx) showing the green investments made by investee companies,e.g. for a transition to a green economy.

- operational expenditure (OpEx) reflecting green operational activities of investee companies.

###### 	What is the asset allocation planned for this financial product?
(#1 Aligned with E/S characteristics) The fund aims to invest:
- a minimum of 50% of its assets in securities of issuers with favourable ESG characteristics,
- A minimum of 20% of its assets in sustainable investments (#1A sustainable) of whicha minimum of of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 5% have a social objective. The remaining sustainable investments of the fund may have an environmental or social objective.

(#1B Other E/S characteristics) Includes securities of issuers with favourable ESG characteristics but are not sustainable investments.
How does the use of derivatives attain the environmental or social characteristics promoted by the financial product?
Where the security underlying a derivative has favourable ESG characteristics in accordance with Fidelity's Sustainable Investing Framework, the derivative may be included in determining the proportion of the fund dedicated to promotion of environmental or social characteristics.
To what minimum extent are sustainable investments with an environmental objective aligned with the EU Taxonomy?
The fund invests a minimum of 0% in sustainable investments with an environmental objective aligned with the EU Taxonomy.
The compliance of the investments of the fund with the EU Taxonomy will not be subject to an assurance by auditors or a review by third parties.
The EU Taxonomy alignment of the underlying investments of the fund is measured by turnover.
Does the financial product invest in fossil gas and/or nuclear energy-related activities that comply with the EU Taxonomy¹?
- YesNo
- In fossil gas	In nuclear energyWhat is the minimum share of investments in transitional and enabling activities?

The fund invests a minimum of 0% in transitional activities and a minimum of 0% in enabling activities.
What is the minimum share of sustainable investments with an environmental objective that are not aligned with the EU Taxonomy?
The fund invests a minimum of 1% in sustainable investments with an environmental objective that is not aligned with the EU Taxonomy.
Investments could be aligned with the EU Taxonomy but the Investment Manager is not currently in a position to specify the exact proportion of the fund’s underlying investments which take into account the EU criteria for environmentally sustainable economic activities. However, the position will be kept under review as the underlying rules are finalised and the availability of reliable data increases over time.
¹Fossil gas and/or nuclear related activities will only comply with the EU Taxonomy where they contribute to limiting climate change (“climate change mitigation”) and do not significantly harm any EU Taxonomy objectives - see explanatory note in the left hand margin. The full criteria for fossil gas and nuclear energy economic activities that comply with the EU Taxonomy are laid down in Commission Delegated Regulation (EU) 2022/1214.
What is the minimum share of socially sustainable investments?
The fund invests a minimum of 5% in sustainable investments with a social objective.
What investments are included under “#2 Other”, what is their purpose and are there any minimum environmental or social safeguards?
The remaining investments of the fund will be invested in assets aligned with the financial objective of the fund, cash and cash equivalents for liquidity purposes and derivatives which may be used for investment and efficient portfolio management.
As a minimum environmental and social safeguard, the fund will adhere to the Exclusions.

###### Is a specific index designated as a reference benchmark to determine whether this financial product is aligned with the environmental and/or social characteristics that it promotes?
An index has not been designated as a reference benchmark to determine whether this financial product is aligned with the environmental or social characteristics that it promotes.
Reference benchmarks are indexes to measure whether the financial product attains the environmental or social characteristics that they promote.
How is the reference benchmark continuously aligned with each of the environmental or social characteristics promoted by the financial product?
This question is not applicable.
How is the alignment of the investment strategy with the methodology of the index ensured on a continuous basis?
This question is not applicable.
How does the designated index differ from a relevant broad market index?
This question is not applicable.
Where can the methodology used for the calculation of the designated index be found?
This question is not applicable.

###### 	Where can I find more product specific information online?
More product-specific information can be found on the website: https:/www.fidelity.lu/funds/factsheet/LU1805238398/tab-disclosure#SFDR-disclosure. 
Further information on the methodologies set out herein is available on the website: Sustainable investing framework (fidelityinternational.com).
Pre-contractual disclosure for the financial products referred to in Article 8, paragraphs 1, 2 and 2a, of Regulation (EU) 2019/2088 and Article 6, first paragraph, of Regulation (EU) 2020/852
Product name:	Legal entity identifier:
Fidelity Funds - Sustainable Emerging Markets Ex China Fund	2549006CNXYVDUHGWH71

###### Environmental and/or social characteristics
| Does this financial product have a sustainable investment objective? |
| --- |
|  | - Yes
 |  | No |
| - It will make a minimum of sustainable investments with an environmental objective:%
- in economic activities that qualify as environmentally sustainable under the EU Taxonomy
- in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
- It will make a minimum of sustainable investments with a social objective:%
 | It promotes Environmental/Social (E/S) characteristics and while it does not have as its objective a sustainable investment, it will have a minimum proportion of 15% of sustainable investments - with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomywith an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomywith a social objective
- It promotes E/S characteristics, but will not make any sustainable investments
 |

What environmental and/or social characteristics are promoted by this financial product?
Sustainability indicators measure how the environmental or social characteristics promoted by the financial product are attained.
The fund promotes environmental and social characteristics by investing in securities of issuers with favourable ESG characteristics. Favourable ESG characteristics are determined by reference to ESG ratings. ESG ratings consider environmental characteristics including carbon intensity, carbon emissions, energy efficiency, water and waste management and biodiversity, as well as social characteristics including product safety, supply chain, health and safety and human rights.
The fund partially intends to make sustainable investments.
No reference benchmark has been designated for the purpose of attaining the environmental and social characteristics promoted.
What sustainability indicators are used to measure the attainment of each of the environmental or social characteristics promoted by this financial product?
The fund uses the following sustainability indicators in order to measure the attainment of the environmental or social characteristics that it promotes:
- the percentage of the fund invested in securities of issuers with favourable ESG characteristics in accordance with Fidelity’s Sustainable Investing Framework;
- in respect of its direct investments, the percentage of the fund invested in securities of issuers with exposure to the Exclusions (as defined below);
- the percentage of the fund invested in sustainable investments;
- the percentage of the fund invested in sustainable investments with an environmental objective in economic activities (that do not qualify as environmentally sustainable under the EU Taxonomy); and
- the percentage of the fund invested in sustainable investments with a social objective.

What are the objectives of the sustainable investments that the financial product partially intends to make and how does the sustainable investment contribute to such objectives?
The fund determines a sustainable investment as an investment in securities of:
- issuers that undertake economic activities that contribute to one or more of the environmental objectives set out in the EU Taxonomy and qualify as environmentally sustainable in accordance with EU Taxonomy; or
- issuers whereby the majority of their business activities (more than 50% of revenue) contribute to environmental or social objectives aligned with one or more of the United Nations Sustainable Development Goals (“SDGs”); or
- issuers which have set a decarbonisation target consistent with a 1.5 degree warming scenario or lower (verified by the Science Based Target Initiative or a Fidelity Proprietary Climate Rating) which would be considered to contribute to environmental objectives;provided they do no significant harm, meet minimum safeguards and good governance criteria.

How do the sustainable investments that the financial product partially intends to make, not cause significant harm to any environmental or social sustainable investment objective?
Sustainable investments are screened for involvement in activities that cause significant harm and controversies, assessed through a check that the issuer meets minimum safeguards and standards that relate to principal adverse impacts (PAIs) as well as for performance on PAI metrics. This includes:
- Norms-based screens - the screening out of securities identified under Fidelity’s norms based screens (as set out below);
- Activity-based screens - the screening out of issuers based on their participation in activities with significant negative impacts on society or the environment, including issuers that are considered to have a ‘Very Severe’ controversy using controversy screens, covering
- environmental issues,
- human rights and communities,
- labour rights and supply chain,
- customers,
- governance; and
	- PAI indicators - quantitative data (where available) on PAI indicators is used to evaluate whether an issuer is involved in activities that cause significant harm to any environmental or social objective.


Principal adverse impacts are the most significant negative impacts of investment decisions on sustainability factors relating to environmental, social and employee matters, respect for human rights, anti- corruption and anti- bribery matters.
How have the indicators for adverse impacts on sustainability factors been taken into account?
For sustainable investments, as set out above, Fidelity undertakes a quantitative evaluation to identify issuers with challenging performance on PAI indicators. Issuers with a low score will be ineligible to be ‘sustainable investments’ unless Fidelity’s fundamental research determines that the issuer is not breaching “do no significant harm” requirements or is on the path to mitigate the adverse impacts through effective management or transition.
How are the sustainable investments aligned with the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights? Details:
Norms-based screens are applied: Issuers identified as failing to behave in a way which meets their fundamental responsibilities in the areas of human rights, labour, environmental and anti-corruption as aligned with international norms including those set out by the OECD Guidelines for Multinational Enterprises, the UN Guiding Principles on Business and Human Rights, the UN Global Compact (UNGC) and the International Labour Organisation (ILO) Conventions, are not considered sustainable investments.
The EU Taxonomy sets out a “do not significant harm” principle by which Taxonomy-aligned investments should not significantly harm EU Taxonomy objectives and is accompanied by specific EU criteria.
The “do no significant harm” principle applies only to those investments underlying the financial product that take into account the EU criteria for environmentally sustainable economic activities. The investments underlying the remaining portion of this financial product do not take into account the EU criteria for environmentally sustainable economic activities.
Any other sustainable investments must also not significantly harm any environmental or social objectives.

###### Does this financial product consider principal adverse impacts on sustainability factors?
Yes
- NoConsideration of the principal adverse impacts on sustainability factors of investment decisions (referred to as principal adverse impacts) is incorporated through a variety of tools, including:
- Due Diligence - analysis of whether impacts on sustainability factors are material and negative.
- ESG rating - Fidelity references ESG ratings which incorporate consideration of material principal adverse impacts such as carbon emissions, employee safety and bribery and corruption, water management and, for sovereign issued securities, ratings used incorporate consideration of material principal adverse impacts such as carbon emissions, social violations and freedom of expression.
- Exclusions - When investing directly in corporate issuers, the fund applies the Exclusions (as defined below) to help mitigate the principal adverse impacts through excluding harmful sectors and prohibiting investment in issuers that breach international standards, such as the UNGC.
- Engagement - Fidelity uses engagement as a tool to better understand principal adverse impacts and, in some circumstances, advocate for mitigating the principal adverse impacts. Fidelity participates in relevant individual and collaborative engagements that target a number of principal adverse impacts (i.e. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Voting - Fidelity’s voting policy includes explicit minimum standards for board gender diversity and engagement with climate change for corporate issuers. Fidelity may also vote to help mitigate principal adverse impacts.
- Quarterly reviews - monitoring of principal adverse impacts through the fund’s quarterly review process.

Fidelity takes into account specific indicators for each sustainability factor when considering whether investments have a principal adverse impact. These indicators are subject to data availability and may evolve with improving data quality and availability.
Information on principal adverse impacts will be available in the annual report of the fund.
The investment strategy guides investment decisions based on factors such as investments objectives and risk tolerance.

######  What investment strategy does this financial product follow?
The fund is part of the Fidelity Sustainable Family of funds and adopts a Sustainable Focused strategy under which a minimum of 70% of the fund’s assets will be invested in securities with favourable ESG characteristics.
Favourable ESG characteristics are determined by reference to ESG ratings provided by external agencies and Fidelity ESG ratings.
Issuers that are not assessed as having favourable ESG characteristics for the purposes of the primary objective (minimum 70% of assets) are eligible for inclusion, with up to 30% of assets, provided they are able to demonstrate that they are on an improving trajectory with respect to their ESG characteristics.
The average ESG rating of the fund will exceed the average ESG rating of the fund’s investment universe, as represented by the MSCI Emerging Markets ex China Index (the "Index") (for the purpose of this calculation), after the exclusion of 20% of the assets with the lowest ESG ratings.
Within this investment universe, the Investment Manager selects stocks through rigorous bottom-up financial analysis and valuation to select stocks with strong investment return potential.
In respect of its direct investments, the fund is subject to:
- a firm-wide exclusions list, which includes cluster munitions and anti-personnel landmines, and
- a principle-based screening policy which includes:
	- norms-based screening of issuers which the Investment Manager considers have failed to conduct their business in accordance with international norms, including as set out in the UNGC; and
	- negative screening of certain sectors, issuers or practices based on specific ESG criteria where revenue thresholds may be applied.


The above exclusions and screens (the “Exclusions”) may be updated from time to time. Please refer to the website for further information Sustainable investing framework(fidelityinternational.com).
The Investment Manager also has discretion to implement enhanced, stricter sustainable requirements and exclusions from time to time.
What are the binding elements of the investment strategy used to select the investments to attain each of the environmental or social characteristics promoted by this financial product?
The fund will invest:
- a minimum of 70% of its assets in issuers with favourable ESG characteristics; and
- a minimum of 15% in sustainable investments of which a minimum of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 1% have a social objective.

The fund assesses the ESG characteristics of at least 90% of its assets. The average ESG rating of the fund will exceed the average ESG rating of the fund’s investment universe, as represented by the Index (as defined above), after the exclusion of 20% of the assets with the lowest ESG ratings.
In addition, the fund will systematically apply the Exclusions, as described above.
What is the committed minimum rate to reduce the scope of the investments considered prior to the application of that investment strategy?
This question is not applicable.
Good governance practices include sound management structures, employee relations, remuneration of staff and tax compliance.
What is the policy to assess good governance practices of the investee companies?
The governance practices of issuers are assessed using fundamental research, including as part of the ESG ratings provided by external agencies and Fidelity ESG ratings.
Key points that are analysed include track record of capital allocation, financial transparency, related party transactions, board independence and size, executive pay, auditors and internal oversight, minority shareholder rights, among other indicators. For sovereign issuers, factors such as corruption and freedom of expression are included.

###### What is the asset allocation planned for this financial product?
Asset allocation describes the share of investments in specific assets.
Taxonomy-aligned activities are expressed as a share of:
- turnover reflecting the share of revenue from green activities of investee companies
- capital expenditure (CapEx) showing the green investments made by investee companies,e.g. for a transition to a green economy.

- operational expenditure (OpEx) reflecting green operational activities of investee companies.
(#1 Aligned with E/S characteristics) The fund will invest:
- a minimum of 70% of its assets in securities of issuers with favourable ESG characteristics;
- a minimum of 15% of its assets in sustainable investments (#1A sustainable) of which a minimum of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 1% have a social objective. The remaining sustainable investments of the fund may have an environmental or social objective.

(#1B Other E/S characteristics) Includes securities of issuers with favourable ESG characteristics but are not sustainable investments.
How does the use of derivatives attain the environmental or social characteristics promoted by the financial product?
Where the security underlying a derivative has favourable ESG characteristics in accordance with Fidelity's Sustainable Investing Framework, the derivative may be included in determining the proportion of the fund dedicated to promotion of environmental or social characteristics.
To what minimum extent are sustainable investments with an environmental objective aligned with the EU Taxonomy?
The fund invests a minimum of 0% in sustainable investments with an environmental objective aligned with the EU Taxonomy.
The compliance of the investments of the fund with the EU Taxonomy will not be subject to an assurance by auditors or a review by third parties.
The EU Taxonomy alignment of the underlying investments of the fund is measured by turnover.
Does the financial product invest in fossil gas and/or nuclear energy-related activities that comply with the EU Taxonomy¹?
- YesNo
- In fossil gas	In nuclear energyWhat is the minimum share of investments in transitional and enabling activities?

The fund invests a minimum of 0% in transitional activities and a minimum of 0% in enabling activities.
What is the minimum share of sustainable investments with an environmental objective that are not aligned with the EU Taxonomy?
The fund invests a minimum of 1% in sustainable investments with an environmental objective that is not aligned with the EU Taxonomy.
Investments could be aligned with the EU Taxonomy but the Investment Manager is not currently in a position to specify the exact proportion of the fund’s underlying investments which take into account the EU criteria for environmentally sustainable economic activities. However, the position will be kept under review as the underlying rules are finalised and the availability of reliable data increases over time.
¹Fossil gas and/or nuclear related activities will only comply with the EU Taxonomy where they contribute to limiting climate change (“climate change mitigation”) and do not significantly harm any EU Taxonomy objectives - see explanatory note in the left hand margin. The full criteria for fossil gas and nuclear energy economic activities that comply with the EU Taxonomy are laid down in Commission Delegated Regulation (EU) 2022/1214.
What is the minimum share of socially sustainable investments?
The fund invests a minimum of 1% in sustainable investments with a social objective.
What investments are included under “#2 Other”, what is their purpose and are there any minimum environmental or social safeguards?
The remaining investments of the fund may be invested in securities of issuers that are able to demonstrate that they are on an improving trajectory with respect to their ESG characteristics, as well as cash and cash equivalents for liquidity purposes and derivatives which may be used for investment and efficient portfolio management.
As a minimum environmental and social safeguard, the fund will adhere to the Exclusions.

###### Is a specific index designated as a reference benchmark to determine whether this financial product is aligned with the environmental and/or social characteristics that it promotes?
An index has not been designated as a reference benchmark to determine whether this financial product is aligned with the environmental or social characteristics that it promotes.
Reference benchmarks are indexes to measure whether the financial product attains the environmental or social characteristics that they promote.
How is the reference benchmark continuously aligned with each of the environmental or social characteristics promoted by the financial product?
This question is not applicable.
How is the alignment of the investment strategy with the methodology of the index ensured on a continuous basis?
This question is not applicable.
How does the designated index differ from a relevant broad market index?
This question is not applicable.
Where can the methodology used for the calculation of the designated index be found?
This question is not applicable.

###### 	Where can I find more product specific information online?
More product-specific information can be found on the website: https:/www.fidelity.lu/funds/factsheet/LU2546391173/tab-disclosure#SFDR-disclosure. 
Further information on the methodologies set out herein is available on the website: Sustainable investing framework (fidelityinternational.com).
Pre-contractual disclosure for the financial products referred to in Article 8, paragraphs 1, 2 and 2a, of Regulation (EU) 2019/2088 and Article 6, first paragraph, of Regulation (EU) 2020/852
Product name:	Legal entity identifier:
Fidelity Funds - Sustainable Emerging Markets Equity Fund	222100CGA9DFT3O9JH40

###### Environmental and/or social characteristics
| Does this financial product have a sustainable investment objective? |
| --- |
|  | - Yes
 |  | No |
| - It will make a minimum of sustainable investments with an environmental objective:%
- in economic activities that qualify as environmentally sustainable under the EU Taxonomy
- in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
- It will make a minimum of sustainable investments with a social objective:%
 | It promotes Environmental/Social (E/S) characteristics and while it does not have as its objective a sustainable investment, it will have a minimum proportion of 30% of sustainable investments - with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomywith an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomywith a social objective
- It promotes E/S characteristics, but will not make any sustainable investments
 |

What environmental and/or social characteristics are promoted by this financial product?
Sustainability indicators measure how the environmental or social characteristics promoted by the financial product are attained.
The fund promotes environmental and social characteristics by investing in securities of issuers with favourable ESG characteristics. Favourable ESG characteristics are determined by reference to ESG ratings. ESG ratings consider environmental characteristics including carbon intensity, carbon emissions, energy efficiency, water and waste management and biodiversity, as well as social characteristics including product safety, supply chain, health and safety and human rights.
The fund partially intends to make sustainable investments.
No reference benchmark has been designated for the purpose of attaining the environmental and social characteristics promoted.
What sustainability indicators are used to measure the attainment of each of the environmental or social characteristics promoted by this financial product?
The fund uses the following sustainability indicators in order to measure the attainment of the environmental or social characteristics that it promotes:
- the percentage of the fund invested in securities of issuers with favourable ESG characteristics in accordance with Fidelity’s Sustainable Investing Framework;
- in respect of its direct investments, the percentage of the fund invested in securities of issuers with exposure to the Exclusions (as defined below);
- the percentage of the fund invested in sustainable investments;
- the percentage of the fund invested in sustainable investments with an environmental objective in economic activities (that do not qualify as environmentally sustainable under the EU Taxonomy); and
- the percentage of the fund invested in sustainable investments with a social objective.

What are the objectives of the sustainable investments that the financial product partially intends to make and how does the sustainable investment contribute to such objectives?
The fund determines a sustainable investment as follows:
- issuers that undertake economic activities that contribute to one or more of the environmental objectives set out in the EU Taxonomy and qualify as environmentally sustainable in accordance with EU Taxonomy; or
- issuers whereby the majority of their business activities (more than 50% of revenue) contribute to environmental or social objectives aligned with one or more of the United Nations Sustainable Development Goals (“SDGs”); or
- issuers which have set a decarbonisation target consistent with a 1.5 degree warming scenario or lower (verified by the Science Based Target Initiative or a Fidelity Proprietary Climate Rating) which would be considered to contribute to environmental objectives;provided they do no significant harm, meet minimum safeguards and good governance criteria.

How do the sustainable investments that the financial product partially intends to make, not cause significant harm to any environmental or social sustainable investment objective?
Sustainable investments are screened for involvement in activities that cause significant harm and controversies, assessed through a check that the issuer meets minimum safeguards and standards that relate to principal adverse impacts (PAIs) as well as performance on PAI metrics. This includes:
- Norms-based screens - the screening out of securities identified under Fidelity’s existing norms-based screens (as set out below);
- Activity-based screens - the screening out of issuers based on their participation in activities with significant negative impacts on society or the environment, including issuers that are considered to have a ‘Very Severe’ controversy using controversy screens, covering
- environmental issues,
- human rights and communities,
- labour rights and supply chain,
- customers,
- governance; and
	- PAI indicators - quantitative data (where available) on PAI indicators is used to evaluate whether an issuer is involved in activities that cause significant harm to any environmental or social objective.


Principal adverse impacts are the most significant negative impacts of investment decisions on sustainability factors relating to environmental, social and employee matters, respect for human rights, anti- corruption and anti- bribery matters.
How have the indicators for adverse impacts on sustainability factors been taken into account?
For sustainable investments, as set out above, Fidelity undertakes a quantitative evaluation that identifies entities with challenging performance on PAI indicators. Issuers with a low score will be ineligible to be ‘sustainable investments’ unless Fidelity’s fundamental research determines that the issuer is not breaching “do no significant harm” requirements or is on the path to mitigate the adverse impacts through effective management or transition.
How are the sustainable investments aligned with the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights? Details:
Norms-based screens are applied: Issuers identified as failing to behave in a way which meets their fundamental responsibilities in the areas of human rights, labour, environmental and anti-corruption as aligned with international norms including those set out by the OECD Guidelines for Multinational Enterprises, the UN Guiding Principles on Business and Human Rights, the UN Global Compact (UNGC) and the International Labour Organisation (ILO) Conventions, are not considered sustainable investments.
The EU Taxonomy sets out a “do not significant harm” principle by which Taxonomy-aligned investments should not significantly harm EU Taxonomy objectives and is accompanied by specific EU criteria.
The “do no significant harm” principle applies only to those investments underlying the financial product that take into account the EU criteria for environmentally sustainable economic activities. The investments underlying the remaining portion of this financial product do not take into account the EU criteria for environmentally sustainable economic activities.
Any other sustainable investments must also not significantly harm any environmental or social objectives.

###### Does this financial product consider principal adverse impacts on sustainability factors?
Yes
- NoConsideration of the principal adverse impacts on sustainability factors of investment decisions (referred to as principal adverse impacts) is incorporated through a variety of tools, including:
- Due Diligence - analysis of whether impacts on sustainability factors are material and negative.
- ESG rating - Fidelity references ESG ratings which incorporate consideration of material principal adverse impacts such as carbon emissions, employee safety and bribery and corruption, water management and, for sovereign issued securities, ratings used incorporate consideration of material principal adverse impacts such as carbon emissions, social violations and freedom of expression.
- Exclusions - When investing directly in corporate issuers, the fund applies the Exclusions (as defined below) to help mitigate the principal adverse impacts through excluding harmful sectors and prohibiting investment in issuers that breach international standards, such as the UNGC.
- Engagement - Fidelity uses engagement as a tool to better understand principal adverse impacts and, in some circumstances, advocate for mitigating the principal adverse impacts. Fidelity participates in relevant individual and collaborative engagements that target a number of principal adverse impacts (i.e. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Voting - Fidelity’s voting policy includes explicit minimum standards for board gender diversity and engagement with climate change for corporate issuers. Fidelity may also vote to help mitigate principal adverse impacts.
- Quarterly reviews - monitoring of principal adverse impacts through the fund’s quarterly review process.

Fidelity takes into account specific indicators for each sustainability factor when considering whether investments have a principal adverse impact. These indicators are subject to data availability and may evolve with improving data quality and availability.
Information on principal adverse impacts will be available in the annual report of the fund.
The investment strategy guides investment decisions based on factors such as investments objectives and risk tolerance.

######  What investment strategy does this financial product follow?
The fund is part of the Fidelity Sustainable Family of funds and adopts a Sustainable Focused strategy under which a minimum of 70% of the fund’s assets will be invested in securities with favourable ESG characteristics.
Favourable ESG characteristics are determined by reference to ESG ratings provided by external agencies and Fidelity ESG ratings.
Issuers that are not assessed as having favourable ESG characteristics for the purposes of the primary objective (minimum 70% of assets) are eligible for inclusion, with up to 30% of assets, provided they are able to demonstrate that they are on an improving trajectory with respect to their ESG characteristics.
The average ESG rating of the fund will exceed the average ESG rating of the fund’s investment universe, as represented by the MSCI Emerging Markets Index (the "Index") (for the purpose of this calculation), after the exclusion of 20% of the assets with the lowest ESG ratings.
Within this investment universe, the Investment Manager selects stocks through rigorous bottom-up financial analysis and valuation to select stocks with strong investment return potential.
In respect of its direct investments, the fund is subject to:
- a firm-wide exclusions list, which includes cluster munitions and anti-personnel landmines, and
- a principle-based screening policy which includes:
	- norms-based screening of issuers which the Investment Manager considers have failed to conduct their business in accordance with international norms, including as set out in the UNGC; and
	- negative screening of certain sectors, issuers or practices based on specific ESG criteria where revenue thresholds may be applied.


The above exclusions and screens (the “Exclusions”) may be updated from time to time. Please refer to the website for further information Sustainable investing framework(fidelityinternational.com).
The Investment Manager also has discretion to implement enhanced, stricter sustainable requirements and exclusions from time to time.
What are the binding elements of the investment strategy used to select the investments to attain each of the environmental or social characteristics promoted by this financial product?
The fund will invest:
- a minimum of 70% of its assets in issuers with favourable ESG characteristics,
- a minimum of 30% in sustainable investments of which a minimum of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 5% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 10% have a social objective.

The fund assesses the ESG characteristics of at least 90% of its assets. The average ESG rating of the fund will exceed the average ESG rating of the fund’s investment universe, as represented by the Index (as defined above), after the exclusion of 20% of the assets with the lowest ESG ratings.
In addition, the fund will systematically apply the Exclusions to direct investments as described above.
What is the committed minimum rate to reduce the scope of the investments considered prior to the application of that investment strategy?
This question is not applicable.
Good governance practices include sound management structures, employee relations, remuneration of staff and tax compliance.
What is the policy to assess good governance practices of the investee companies?
The governance practices of issuers are assessed using fundamental research, including Fidelity ESG ratings, data regarding controversies and UN Global Compact violations.
Key points that are analysed include track record of capital allocation, financial transparency, related party transactions, board independence and size, executive pay, auditors and internal oversight, minority shareholder rights, among other indicators.

###### What is the asset allocation planned for this financial product?
Asset allocation describes the share of investments in specific assets.
Taxonomy-aligned activities are expressed as a share of:
- turnover reflecting the share of revenue from green activities of investee companies
- capital expenditure (CapEx) showing the green investments made by investee companies,e.g. for a transition to a green economy.

- operational expenditure (OpEx) reflecting green operational activities of investee companies.
(#1 Aligned with E/S characteristics) The fund will invest:
- a minimum of 70% of its assets in securities of issuers with favourable ESG characteristics;
- a minimum of 30% of its assets in sustainable investments (#1A sustainable) of which a minimum of of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 5% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 10% have a social objective. The remaining sustainable investments of the fund may have an environmental or social objective.

(#1B Other E/S characteristics) Includes securities of issuers with favourable ESG characteristics but are not sustainable investments.
How does the use of derivatives attain the environmental or social characteristics promoted by the financial product?
Where the security underlying a derivative has favourable ESG characteristics in accordance with Fidelity's Sustainable Investing Framework, the derivative may be included in determining the proportion of the fund dedicated to promotion of environmental or social characteristics.
To what minimum extent are sustainable investments with an environmental objective aligned with the EU Taxonomy?
The fund invests a minimum of 0% in sustainable investments with an environmental objective aligned with the EU Taxonomy.
The compliance of the investments of the fund with the EU Taxonomy will not be subject to an assurance by auditors or a review by third parties.
The EU Taxonomy alignment of the underlying investments of the fund is measured by turnover.
Does the financial product invest in fossil gas and/or nuclear energy-related activities that comply with the EU Taxonomy¹?
- YesNo
- In fossil gas	In nuclear energyWhat is the minimum share of investments in transitional and enabling activities?

The fund invests a minimum of 0% in transitional activities and a minimum of 0% in enabling activities.
What is the minimum share of sustainable investments with an environmental objective that are not aligned with the EU Taxonomy?
The fund invests a minimum of 5% in sustainable investments with an environmental objective that is not aligned with the EU Taxonomy.
Investments could be aligned with the EU Taxonomy but the Investment Manager is not currently in a position to specify the exact proportion of the fund’s underlying investments which take into account the EU criteria for environmentally sustainable economic activities. However, the position will be kept under review as the underlying rules are finalised and the availability of reliable data increases over time.
¹Fossil gas and/or nuclear related activities will only comply with the EU Taxonomy where they contribute to limiting climate change (“climate change mitigation”) and do not significantly harm any EU Taxonomy objectives - see explanatory note in the left hand margin. The full criteria for fossil gas and nuclear energy economic activities that comply with the EU Taxonomy are laid down in Commission Delegated Regulation (EU) 2022/1214.
What is the minimum share of socially sustainable investments?
The fund invests a minimum of 10% in sustainable investments with a social objective.
What investments are included under “#2 Other”, what is their purpose and are there any minimum environmental or social safeguards?
The remaining investments of the fund may be invested in securities of issuers that are able to demonstrate that they are on an improving trajectory with respect to their ESG characteristics, as well as cash and cash equivalents for liquidity purposes and derivatives which may be used for investment and efficient portfolio management.
As a minimum environmental and social safeguard, the fund will adhere to the Exclusions.

###### Is a specific index designated as a reference benchmark to determine whether this financial product is aligned with the environmental and/or social characteristics that it promotes?
An index has not been designated as a reference benchmark to determine whether this financial product is aligned with the environmental or social characteristics that it promotes.
Reference benchmarks are indexes to measure whether the financial product attains the environmental or social characteristics that they promote.
How is the reference benchmark continuously aligned with each of the environmental or social characteristics promoted by the financial product?
This question is not applicable.
How is the alignment of the investment strategy with the methodology of the index ensured on a continuous basis?
This question is not applicable.
How does the designated index differ from a relevant broad market index?
This question is not applicable.
Where can the methodology used for the calculation of the designated index be found?
This question is not applicable.

###### 	Where can I find more product specific information online?
More product-specific information can be found on the website: https:/www.fidelity.lu/funds/factsheet/LU1102505929/tab-disclosure#SFDR-disclosure. 
Further information on the methodologies set out herein is available on the website: Sustainable investing framework (fidelityinternational.com).
Pre-contractual disclosure for the financial products referred to in Article 8, paragraphs 1, 2 and 2a, of Regulation (EU) 2019/2088 and Article 6, first paragraph, of Regulation (EU) 2020/852
Product name:	Legal entity identifier:
Fidelity Funds - Thailand Fund	549300KZ6XVPBRK5QV32

###### Environmental and/or social characteristics
| Does this financial product have a sustainable investment objective? |
| --- |
|  | - Yes
 |  | No |
| - It will make a minimum of sustainable investments with an environmental objective:%
- in economic activities that qualify as environmentally sustainable under the EU Taxonomy
- in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
- It will make a minimum of sustainable investments with a social objective:%
 | It promotes Environmental/Social (E/S) characteristics and while it does not have as its objective a sustainable investment, it will have a minimum proportion of 10% of sustainable investments - with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomywith an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomywith a social objective
- It promotes E/S characteristics, but will not make any sustainable investments
 |

What environmental and/or social characteristics are promoted by this financial product?
Sustainability indicators measure how the environmental or social characteristics promoted by the financial product are attained.
The fund promotes environmental and social characteristics by investing in securities of issuers with favourable ESG characteristics. Favourable ESG characteristics are determined by reference to ESG ratings. ESG ratings consider environmental characteristics including carbon intensity, carbon emissions, energy efficiency, water and waste management and biodiversity, as well as social characteristics including product safety, supply chain, health and safety and human rights.
The fund partially intends to make sustainable investments.
No reference benchmark has been designated for the purpose of attaining the environmental and social characteristics promoted.
What sustainability indicators are used to measure the attainment of each of the environmental or social characteristics promoted by this financial product?
The fund uses the following sustainability indicators in order to measure the attainment of the environmental or social characteristics that it promotes:
- the percentage of the fund invested in securities of issuers with favourable ESG characteristics in accordance with Fidelity’s Sustainable Investing Framework;
- in respect of its direct investments in corporate issuers, the percentage of the fund invested in securities of issuers with exposure to the Exclusions (defined below);
- the percentage of the fund invested in sustainable investments;
- the percentage of the fund invested in sustainable investments with an environmental objective in economic activities (that do not qualify as environmentally sustainable under the EU Taxonomy); and
- the percentage of the fund invested in sustainable investments with a social objective.

What are the objectives of the sustainable investments that the financial product partially intends to make and how does the sustainable investment contribute to such objectives?
The fund determines a sustainable investment as follows:
- issuers that undertake economic activities that contribute to one or more of the environmental objectives set out in the EU Taxonomy and qualify as environmentally sustainable in accordance with EU Taxonomy; or
- issuers whereby the majority of their business activities (more than 50% of revenue) contribute to environmental or social objectives aligned with one or more of the United Nations Sustainable Development Goals (“SDGs”); or
- issuers which have set a decarbonisation target consistent with a 1.5 degree warming scenario or lower (verified by the Science Based Target Initiative or a Fidelity Proprietary Climate Rating) which would be considered to contribute to environmental objectives;provided they do no significant harm, meet minimum safeguards and good governance criteria.

How do the sustainable investments that the financial product partially intends to make, not cause significant harm to any environmental or social sustainable investment objective?
Sustainable investments are screened for involvement in activities that cause significant harm and controversies, assessed through a check that the issuer meets minimum safeguards and standards that relate to principal adverse impacts (PAIs) as well as performance on PAI metrics. This includes:
- Norms-based screens - the screening out of securities identified under Fidelity’s existing norms-based screens (as set out below);
- Activity-based screens - the screening out of issuers based on their participation in activities with significant negative impacts on society or the environment, including issuers that are considered to have a ‘Very Severe’ controversy using controversy screens, covering
- environmental issues,
- human rights and communities,
- labour rights and supply chain,
- customers,
- governance; and
	- PAI indicators - quantitative data (where available) on PAI indicators is used to evaluate whether an issuer is involved in activities that cause significant harm to any environmental or social objective.


Principal adverse impacts are the most significant negative impacts of investment decisions on sustainability factors relating to environmental, social and employee matters, respect for human rights, anti- corruption and anti- bribery matters.
How have the indicators for adverse impacts on sustainability factors been taken into account?
For sustainable investments, as set out above, Fidelity undertakes a quantitative evaluation to identify issuers with challenging performance on PAI indicators. Issuers with a low score will be ineligible to be ‘sustainable investments’ unless Fidelity’s fundamental research determines that the issuer is not breaching “do no significant harm” requirements, or is on the path to mitigate the adverse impacts through effective management or transition.
How are the sustainable investments aligned with the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights? Details:
Norms-based screens are applied: Issuers identified as failing to behave in a way which meets their fundamental responsibilities in the areas of human rights, labour, environmental and anti-corruption as aligned with international norms including those set out by the OECD Guidelines for Multinational Enterprises, the UN Guiding Principles on Business and Human Rights, the UN Global Compact (UNGC) and the International Labour Organisation (ILO) Conventions, are not considered sustainable investments.
The EU Taxonomy sets out a “do not significant harm” principle by which Taxonomy-aligned investments should not significantly harm EU Taxonomy objectives and is accompanied by specific EU criteria.
The “do no significant harm” principle applies only to those investments underlying the financial product that take into account the EU criteria for environmentally sustainable economic activities. The investments underlying the remaining portion of this financial product do not take into account the EU criteria for environmentally sustainable economic activities.
Any other sustainable investments must also not significantly harm any environmental or social objectives.

###### Does this financial product consider principal adverse impacts on sustainability factors?
Yes
- NoConsideration of the principal adverse impacts on sustainability factors of investment decisions (referred to as principal adverse impacts) is incorporated through a variety of tools, including:
- Due Diligence - analysis of whether impacts on sustainability factors are material and negative.
- ESG rating - Fidelity references ESG ratings which incorporate consideration of material principal adverse impacts such as carbon emissions, employee safety and bribery and corruption, water management and, for sovereign issued securities, ratings used incorporate consideration of material principal adverse impacts such as carbon emissions, social violations and freedom of expression.
- Exclusions - When investing directly in corporate issuers, the fund applies the Exclusions (as defined below) to help mitigate the principal adverse impacts through excluding harmful sectors and prohibiting investment in issuers that breach international standards, such as the UNGC.
- Engagement - Fidelity uses engagement as a tool to better understand principal adverse impacts and, in some circumstances, advocate for mitigating the principal adverse impacts. Fidelity participates in relevant individual and collaborative engagements that target a number of principal adverse impacts (i.e. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Voting - Fidelity’s voting policy includes explicit minimum standards for board gender diversity and engagement with climate change for corporate issuers. Fidelity may also vote to help mitigate principal adverse impacts.
- Quarterly reviews - monitoring of principal adverse impacts through the fund’s quarterly review process.

Fidelity takes into account specific indicators for each sustainability factor when considering whether investments have a principal adverse impact. These indicators are subject to data availability and may evolve with improving data quality and availability.
Information on principal adverse impacts will be available in the annual report of the fund.
The investment strategy guides investment decisions based on factors such as investments objectives and risk tolerance.

######  What investment strategy does this financial product follow?
A minimum of 50% of the fund’s assets will be invested in securities with favourable ESG characteristics.
Favourable ESG characteristics are determined by reference to ESG ratings provided by external agencies and Fidelity ESG ratings.
Within this investment universe, the investment manager selects stocks through rigorous bottom-up financial analysis and valuation to select stocks with strong investment return potential.
In respect of its direct investments in corporate issuers, the fund is subject to:
- a firm-wide exclusions list, which includes cluster munitions and anti-personnel landmines, and
- a norms-based screening of issuers which the investment manager considers have failed to conduct their business in accordance with international norms, including as set out in the UNGC.

The above exclusions and screens (the “Exclusions”) may be updated from time to time. Please refer to the website for further information Sustainable investing framework(fidelityinternational.com).
The investment manager also has discretion to implement enhanced, stricter sustainable requirements and exclusions from time to time.
What are the binding elements of the investment strategy used to select the investments to attain each of the environmental or social characteristics promoted by this financial product?
The fund will invest:
- a minimum of 50% of its assets in issuers with favourable ESG characteristics,
- a minimum of 10% in sustainable investments of which a minimum of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 5% have a social objective.

In addition, the fund will systematically apply the Exclusions as described above.
What is the committed minimum rate to reduce the scope of the investments considered prior to the application of that investment strategy?
This question is not applicable.
Good governance practices include sound management structures, employee relations, remuneration of staff and tax compliance.
What is the policy to assess good governance practices of the investee companies?
The governance practices of issuers are assessed using fundamental research, including Fidelity ESG ratings, data regarding controversies and UN Global Compact violations.
Key points that are analysed include track record of capital allocation, financial transparency, related party transactions, board independence and size, executive pay, auditors and internal oversight, minority shareholder rights, among other indicators.
Asset allocation describes the share of investments in specific assets.
Taxonomy-aligned activities are expressed as a share of:
- turnover reflecting the share of revenue from green activities of investee companies
- capital expenditure (CapEx) showing the green investments made by investee companies,e.g. for a transition to a green economy.

- operational expenditure (OpEx) reflecting green operational activities of investee companies.

###### 	What is the asset allocation planned for this financial product?
(#1 aligned with E/S characteristics) The fund aims to invest:
- a minimum of 50% of its assets in securities of issuers with favourable ESG characteristics,
- A minimum of 10% in sustainable investments (#1A sustainable) of which a minimum ofof 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 5% have a social objective. The remaining sustainable investments of the fund may have an environmental or social objective.

(#1B Other E/S characteristics) Includes securities of issuers with favourable ESG characteristics but are not sustainable investments.
How does the use of derivatives attain the environmental or social characteristics promoted by the financial product?
Where the security underlying a derivative has favourable ESG characteristics in accordance with Fidelity's Sustainable Investing Framework, the derivative may be included in determining the proportion of the fund dedicated to promotion of environmental or social characteristics.
To what minimum extent are sustainable investments with an environmental objective aligned with the EU Taxonomy?
The fund invests a minimum of 0% in sustainable investments with an environmental objective aligned with the EU Taxonomy.
The compliance of the investments of the fund with the EU Taxonomy will not be subject to an assurance by auditors or a review by third parties.
The EU Taxonomy alignment of the underlying investments of the fund is measured by turnover.
Does the financial product invest in fossil gas and/or nuclear energy-related activities that comply with the EU Taxonomy¹?
- YesNo
- In fossil gas	In nuclear energyWhat is the minimum share of investments in transitional and enabling activities?

The fund invests a minimum of 0% in transitional activities and a minimum of 0% in enabling activities.
What is the minimum share of sustainable investments with an environmental objective that are not aligned with the EU Taxonomy?
The fund invests a minimum of 1% in sustainable investments with an environmental objective that is not aligned with the EU Taxonomy.
Investments could be aligned with the EU Taxonomy but the investment manager is not currently in a position to specify the exact proportion of the fund’s underlying investments which take into account the EU criteria for environmentally sustainable economic activities. However, the position will be kept under review as the underlying rules are finalised and the availability of reliable data increases over time.
¹Fossil gas and/or nuclear related activities will only comply with the EU Taxonomy where they contribute to limiting climate change (“climate change mitigation”) and do not significantly harm any EU Taxonomy objectives - see explanatory note in the left hand margin. The full criteria for fossil gas and nuclear energy economic activities that comply with the EU Taxonomy are laid down in Commission Delegated Regulation (EU) 2022/1214.
What is the minimum share of socially sustainable investments?
The fund invests a minimum of 5% in sustainable investments with a social objective.
What investments are included under “#2 Other”, what is their purpose and are there any minimum environmental or social safeguards?
The remaining investments of the fund will be invested in assets aligned with the financial objective of the fund, cash and cash equivalents for liquidity purposes and derivatives which may be used for investment and efficient portfolio management.
As a minimum environmental and social safeguard, the fund will adhere to the Exclusions.

###### Is a specific index designated as a reference benchmark to determine whether this financial product is aligned with the environmental and/or social characteristics that it promotes?
An index has not been designated as a reference benchmark to determine whether this financial product is aligned with the environmental or social characteristics that it promotes.
Reference benchmarks are indexes to measure whether the financial product attains the environmental or social characteristics that they promote.
How is the reference benchmark continuously aligned with each of the environmental or social characteristics promoted by the financial product?
This question is not applicable.
How is the alignment of the investment strategy with the methodology of the index ensured on a continuous basis?
This question is not applicable.
How does the designated index differ from a relevant broad market index?
This question is not applicable.
Where can the methodology used for the calculation of the designated index be found?
This question is not applicable.

###### 	Where can I find more product specific information online?
More product-specific information can be found on the website: https:/www.fidelity.lu/funds/factsheet/LU1224710803/tab-disclosure#SFDR-disclosure
Further information on the methodologies set out herein is available on the website: Sustainable investing framework (fidelityinternational.com).
Pre-contractual disclosure for the financial products referred to in Article 8, paragraphs 1, 2 and 2a, of Regulation (EU) 2019/2088 and Article 6, first paragraph, of Regulation (EU) 2020/852
Product name:	Legal entity identifier:
Fidelity Funds - Flexible Bond Fund	Y5GJXJ4DKJON310L3I87

###### Environmental and/or social characteristics
| Does this financial product have a sustainable investment objective? |
| --- |
|  | - Yes
 |  | No |
| - It will make a minimum of sustainable investments with an environmental objective:%
- in economic activities that qualify as environmentally sustainable under the EU Taxonomy
- in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
- It will make a minimum of sustainable investments with a social objective:%
 | It promotes Environmental/Social (E/S) characteristics and while it does not have as its objective a sustainable investment, it will have a minimum proportion of 5% of sustainable investments - with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomywith an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomywith a social objective
- It promotes E/S characteristics, but will not make any sustainable investments
 |

What environmental and/or social characteristics are promoted by this financial product?
Sustainability indicators measure how the environmental or social characteristics promoted by the financial product are attained.
The fund promotes environmental and social characteristics by investing in securities of issuers with favourable ESG characteristics. Favourable ESG characteristics are determined by reference to ESG ratings. ESG ratings consider environmental characteristics including carbon intensity, carbon emissions, energy efficiency, water and waste management and biodiversity, as well as social characteristics including product safety, supply chain, health and safety and human rights.
The fund partially intends to make sustainable investments.
No reference benchmark has been designated for the purpose of attaining the environmental and social characteristics promoted.
What sustainability indicators are used to measure the attainment of each of the environmental or social characteristics promoted by this financial product?
The fund uses the following sustainability indicators in order to measure the attainment of the environmental or social characteristics that it promotes:
- the percentage of the fund invested in securities of issuers with favourable ESG characteristics in accordance with Fidelity’s Sustainable Investing Framework;
- the percentage of the fund invested in securities of issuers with exposure to the Exclusions (as defined below);
- the percentage of the fund invested in sustainable investments;
- the percentage of the fund invested in sustainable investments with an environmental objective in economic activities (that do not qualify as environmentally sustainable under the EU Taxonomy); and
- the percentage of the fund invested in sustainable investments with a social objective.

What are the objectives of the sustainable investments that the financial product partially intends to make and how does the sustainable investment contribute to such objectives?
The fund determines a sustainable investment as an investment in securities of:
- issuers that undertake economic activities that contribute to one or more of the environmental objectives set out in the EU Taxonomy and qualify as environmentally sustainable in accordance with EU Taxonomy; or
- issuers whereby the majority of their business activities (more than 50% of revenue) contribute to environmental or social objectives aligned with one or more of the United Nations Sustainable Development Goals (“SDGs”); or
- issuers which have set a decarbonisation target consistent with a 1.5 degree warming scenario or lower (verified by the Science Based Target Initiative or a Fidelity Proprietary Climate Rating) which would be considered to contribute to environmental objectives;provided they do no significant harm, meet minimum safeguards and good governance criteria.

How do the sustainable investments that the financial product partially intends to make, not cause significant harm to any environmental or social sustainable investment objective?
Sustainable investments are screened for involvement in activities that cause significant harm and controversies, assessed through a check that the issuer meets minimum safeguards and standards that relate to principal adverse impacts (PAIs) as well as a performance on PAI metrics. This includes:
- Norms-based screens - the screening out of securities identified under Fidelity’s existing norms-based exclusions (as set out below);
- Activity-based screens - the screening out of issuers based on their participation in activities with significant negative impacts on society or the environment, including entities that are considered to have a ‘Very Severe’ controversy using controversy screens, covering
- environmental issues,
- human rights and communities,
- labour rights and supply chain,
- customers,
- governance; and
	- PAI indicators - quantitative data (where available) on PAI indicators is used to evaluate whether an issuer is involved in activities that cause significant harm to any environmental or social objective.


Principal adverse impacts are the most significant negative impacts of investment decisions on sustainability factors relating to environmental, social and employee matters, respect for human rights, anti- corruption and anti- bribery matters.
How have the indicators for adverse impacts on sustainability factors been taken into account?
For sustainable investments, as set out above, Fidelity undertakes a quantitative evaluation to identify issuers with challenging performance on PAI indicators. Issuers with a low score will be ineligible to be ‘sustainable investments’ unless Fidelity’s fundamental research determines that the issuer is not breaching “do no significant harm” requirements or is on the path to mitigate the adverse impacts through effective management or transition.
How are the sustainable investments aligned with the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights? Details:
Norms-based screens are applied: Issuers identified as failing to behave in a way which meets their fundamental responsibilities in the areas of human rights, labour, environmental and anti-corruption as aligned with international norms including those set out by the OECD Guidelines for Multinational Enterprises, the UN Guiding Principles on Business and Human Rights, the UN Global Compact (UNGC) and the International Labour Organisation (ILO) Conventions, are not considered sustainable investments.
The EU Taxonomy sets out a “do not significant harm” principle by which Taxonomy-aligned investments should not significantly harm EU Taxonomy objectives and is accompanied by specific EU criteria.
The “do no significant harm” principle applies only to those investments underlying the financial product that take into account the EU criteria for environmentally sustainable economic activities. The investments underlying the remaining portion of this financial product do not take into account the EU criteria for environmentally sustainable economic activities.
Any other sustainable investments must also not significantly harm any environmental or social objectives.

###### Does this financial product consider principal adverse impacts on sustainability factors?
Yes
- NoConsideration of the principal adverse impacts on sustainability factors of investment decisions (referred to as principal adverse impacts) is incorporated through a variety of tools, including:
- Due Diligence - analysis of whether impacts on sustainability factors are material and negative.
- ESG rating - Fidelity references ESG ratings which incorporate consideration of material principal adverse impacts such as carbon emissions, employee safety and bribery and corruption, water management and, for sovereign issued securities, ratings used incorporate consideration of material principal adverse impacts such as carbon emissions, social violations and freedom of expression.
- Exclusions - When investing directly in corporate issuers, the fund applies the Exclusions (as defined below) to help mitigate the principal adverse impacts through excluding harmful sectors and prohibiting investment in issuers that breach international standards, such as the UNGC.
- Engagement - Fidelity uses engagement as a tool to better understand principal adverse impacts and, in some circumstances, advocate for mitigating the principal adverse impacts. Fidelity participates in relevant individual and collaborative engagements that target a number of principal adverse impacts (i.e. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Voting - Fidelity’s voting policy includes explicit minimum standards for board gender diversity and engagement with climate change for corporate issuers. Fidelity may also vote to help mitigate principal adverse impacts.
- Quarterly reviews - monitoring of principal adverse impacts through the fund’s quarterly review process.

Fidelity takes into account specific indicators for each sustainability factor when considering whether investments have a principal adverse impact. These indicators are subject to data availability and may evolve with improving data quality and availability.
Information on principal adverse impacts will be available in the annual report of the fund.
The investment strategy guides investment decisions based on factors such as investments objectives and risk tolerance.

######  What investment strategy does this financial product follow?
A minimum of 50% of the fund’s assets will be invested in securities with favourable ESG characteristics.
Favourable ESG characteristics are determined by reference to ESG ratings provided by external agencies and Fidelity ESG ratings.
In respect of its direct investment in corporate issuers, the fund is subject to:
- a firm-wide exclusions list, which includes cluster munitions and anti-personnel landmines; and
- norms-based screening of issuers which the Investment Manager considers have failed to conduct their business in accordance with international norms, including as set out in the UNGC.

The above exclusions and screens (the “Exclusions”) may be updated from time to time. Please refer to the website for further information Sustainable investing framework(fidelityinternational.com).
The Investment Manager also has discretion to implement enhanced, stricter sustainable requirements and exclusions from time to time.
What are the binding elements of the investment strategy used to select the investments to attain each of the environmental or social characteristics promoted by this financial product?
The fund will invest:
- a minimum of 50% of its assets in issuers with favourable ESG characteristics;
- a minimum of 5% in sustainable investments of which a minimum of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 1% have a social objective.

In addition, the fund will apply the Exclusions, as described above, to all direct investments in corporate issuers.
What is the committed minimum rate to reduce the scope of the investments considered prior to the application of that investment strategy?
This question is not applicable.
Good governance practices include sound management structures, employee relations, remuneration of staff and tax compliance.
What is the policy to assess good governance practices of the investee companies?
The governance practices of issuers are assessed using fundamental research, including as part of the ESG ratings provided by external agencies or Fidelity ESG ratings.
Key points that are analysed include track record of capital allocation, financial transparency, related party transactions, board independence and size, executive pay, auditors and internal oversight, minority shareholder rights, among other indicators. For sovereign issuers, factors such as corruption and freedom of expression are included.
Asset allocation describes the share of investments in specific assets.
Taxonomy-aligned activities are expressed as a share of:
- turnover reflecting the share of revenue from green activities of investee companies
- capital expenditure (CapEx) showing the green investments made by investee companies,e.g. for a transition to a green economy.

- operational expenditure (OpEx) reflecting green operational activities of investee companies.

###### 	What is the asset allocation planned for this financial product?
(#1 Aligned with E/S characteristics) The fund will invest:
- a minimum of 50% of its assets in securities of issuers with favourable ESG characteristics;
- a minimum of 5% of its assets in sustainable investments (#1A sustainable) of which a minimum of of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 1% have a social objective. The remaining sustainable investments of the fund may have an environmental or social objective.

(#1B Other E/S characteristics) Includes securities of issuers with favourable ESG characteristics but are not sustainable investments.
How does the use of derivatives attain the environmental or social characteristics promoted by the financial product?
Where the security underlying a derivative has favourable ESG characteristics in accordance with Fidelity's Sustainable Investing Framework, the derivative may be included in determining the proportion of the fund dedicated to promotion of environmental or social characteristics.
To what minimum extent are sustainable investments with an environmental objective aligned with the EU Taxonomy?
The fund invests a minimum of 0% in sustainable investments with an environmental objective aligned with the EU Taxonomy.
The compliance of the investments of the fund with the EU Taxonomy will not be subject to an assurance by auditors or a review by third parties.
The EU Taxonomy alignment of the underlying investments of the fund is measured by turnover.
Does the financial product invest in fossil gas and/or nuclear energy-related activities that comply with the EU Taxonomy¹?
- YesNo
- In fossil gas	In nuclear energyWhat is the minimum share of investments in transitional and enabling activities?

The fund invests a minimum of 0% in transitional activities and a minimum of 0% in enabling activities.
What is the minimum share of sustainable investments with an environmental objective that are not aligned with the EU Taxonomy?
The fund invests a minimum of 1% in sustainable investments with an environmental objective that is not aligned with the EU Taxonomy.
What is the minimum share of socially sustainable investments?
The fund invests a minimum of 1% in sustainable investments with a social objective.
¹Fossil gas and/or nuclear related activities will only comply with the EU Taxonomy where they contribute to limiting climate change (“climate change mitigation”) and do not significantly harm any EU Taxonomy objectives - see explanatory note in the left hand margin. The full criteria for fossil gas and nuclear energy economic activities that comply with the EU Taxonomy are laid down in Commission Delegated Regulation (EU) 2022/1214.
What investments are included under “#2 Other”, what is their purpose and are there any minimum environmental or social safeguards?
The remaining investments of the fund will be invested in assets aligned with the financial objective of the fund, cash and cash equivalents for liquidity purposes and derivatives which may be used for investment and efficient portfolio management.
As a minimum environmental and social safeguard, the fund will adhere to the Exclusions.

###### Is a specific index designated as a reference benchmark to determine whether this financial product is aligned with the environmental and/or social characteristics that it promotes?
An index has not been designated as a reference benchmark to determine whether this financial product is aligned with the environmental or social characteristics that it promotes.
Reference benchmarks are indexes to measure whether the financial product attains the environmental or social characteristics that they promote.
How is the reference benchmark continuously aligned with each of the environmental or social characteristics promoted by the financial product?
This question is not applicable.
How is the alignment of the investment strategy with the methodology of the index ensured on a continuous basis?
This question is not applicable.
How does the designated index differ from a relevant broad market index?
This question is not applicable.
Where can the methodology used for the calculation of the designated index be found?
This question is not applicable.

###### 	Where can I find more product specific information online?
More product-specific information can be found on the website: https:/www.fidelity.lu/funds/factsheet/LU1345485095/tab-disclosure#SFDR-disclosure. 
Further information on the methodologies set out herein is available on the website: Sustainable investing framework (fidelityinternational.com).
Pre-contractual disclosure for the financial products referred to in Article 8, paragraphs 1, 2 and 2a, of Regulation (EU) 2019/2088 and Article 6, first paragraph, of Regulation (EU) 2020/852
Product name:	Legal entity identifier:
Fidelity Funds - Global Bond Fund	GQ0BF6O9W3C24RB7AC25

###### Environmental and/or social characteristics
| Does this financial product have a sustainable investment objective? |
| --- |
|  | - Yes
 |  | No |
| - It will make a minimum of sustainable investments with an environmental objective:%
- in economic activities that qualify as environmentally sustainable under the EU Taxonomy
- in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
- It will make a minimum of sustainable investments with a social objective:%
 | It promotes Environmental/Social (E/S) characteristics and while it does not have as its objective a sustainable investment, it will have a minimum proportion of 2.5% of sustainable investments - with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomywith an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomywith a social objective
- It promotes E/S characteristics, but will not make any sustainable investments
 |

What environmental and/or social characteristics are promoted by this financial product?
Sustainability indicators measure how the environmental or social characteristics promoted by the financial product are attained.
The fund promotes environmental and social characteristics by investing in securities of issuers with favourable ESG characteristics. Favourable ESG characteristics are determined by reference to ESG ratings. ESG ratings consider environmental characteristics including carbon intensity, carbon emissions, energy efficiency, water and waste management and biodiversity, as well as social characteristics including product safety, supply chain, health and safety and human rights.
The fund partially intends to make sustainable investments.
No reference benchmark has been designated for the purpose of attaining the environmental and social characteristics promoted.
What sustainability indicators are used to measure the attainment of each of the environmental or social characteristics promoted by this financial product?
The fund uses the following sustainability indicators in order to measure the attainment of the environmental or social characteristics that it promotes:
- the percentage of the fund invested in securities of issuers with favourable ESG characteristics in accordance with Fidelity’s Sustainable Investing Framework;
- the percentage of the fund invested in securities of issuers with exposure to the Exclusions (as defined below);
- the percentage of the fund invested in sustainable investments;
- the percentage of the fund invested in sustainable investments with an environmental objective in economic activities (that do not qualify as environmentally sustainable under the EU Taxonomy); and
- the percentage of the fund invested in sustainable investments with a social objective.

What are the objectives of the sustainable investments that the financial product partially intends to make and how does the sustainable investment contribute to such objectives?
The fund determines a sustainable investment as an investment in securities of:
- issuers that undertake economic activities that contribute to one or more of the environmental objectives set out in the EU Taxonomy and qualify as environmentally sustainable in accordance with EU Taxonomy; or
- issuers whereby the majority of their business activities (more than 50% of revenue) contribute to environmental or social objectives aligned with one or more of the United Nations Sustainable Development Goals (“SDGs”); or
- issuers which have set a decarbonisation target consistent with a 1.5 degree warming scenario or lower (verified by the Science Based Target Initiative or a Fidelity Proprietary Climate Rating) which would be considered to contribute to environmental objectives;provided they do no significant harm, meet minimum safeguards and good governance criteria.

How do the sustainable investments that the financial product partially intends to make, not cause significant harm to any environmental or social sustainable investment objective?
Sustainable investments are screened for involvement in activities that cause significant harm and controversies, assessed through a check that the issuer meets minimum safeguards and standards that relate to principal adverse impacts (PAIs) as well as a performance on PAI metrics. This includes:
- Norms-based screens - the screening out of securities identified under Fidelity’s existing norms-based exclusions (as set out below);
- Activity-based screens - the screening out of issuers based on their participation in activities with significant negative impacts on society or the environment, including entities that are considered to have a ‘Very Severe’ controversy using controversy screens, covering
- environmental issues,
- human rights and communities,
- labour rights and supply chain,
- customers,
- governance; and
	- PAI indicators - quantitative data (where available) on PAI indicators is used to evaluate whether an issuer is involved in activities that cause significant harm to any environmental or social objective.


Principal adverse impacts are the most significant negative impacts of investment decisions on sustainability factors relating to environmental, social and employee matters, respect for human rights, anti- corruption and anti- bribery matters.
How have the indicators for adverse impacts on sustainability factors been taken into account?
For sustainable investments, as set out above, Fidelity undertakes a quantitative evaluation to identify issuers with challenging performance on PAI indicators. Issuers with a low score will be ineligible to be ‘sustainable investments’ unless Fidelity’s fundamental research determines that the issuer is not breaching “do no significant harm” requirements or is on the path to mitigate the adverse impacts through effective management or transition.
How are the sustainable investments aligned with the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights? Details:
Norms-based screens are applied: Issuers identified as failing to behave in a way which meets their fundamental responsibilities in the areas of human rights, labour, environmental and anti-corruption as aligned with international norms including those set out by the OECD Guidelines for Multinational Enterprises, the UN Guiding Principles on Business and Human Rights, the UN Global Compact (UNGC) and the International Labour Organisation (ILO) Conventions, are not considered sustainable investments.
The EU Taxonomy sets out a “do not significant harm” principle by which Taxonomy-aligned investments should not significantly harm EU Taxonomy objectives and is accompanied by specific EU criteria.
The “do no significant harm” principle applies only to those investments underlying the financial product that take into account the EU criteria for environmentally sustainable economic activities. The investments underlying the remaining portion of this financial product do not take into account the EU criteria for environmentally sustainable economic activities.
Any other sustainable investments must also not significantly harm any environmental or social objectives.

###### Does this financial product consider principal adverse impacts on sustainability factors?
Yes
- NoConsideration of the principal adverse impacts on sustainability factors of investment decisions (referred to as principal adverse impacts) is incorporated through a variety of tools, including:
- Due Diligence - analysis of whether impacts on sustainability factors are material and negative.
- ESG rating - Fidelity references ESG ratings which incorporate consideration of material principal adverse impacts such as carbon emissions, employee safety and bribery and corruption, water management and, for sovereign issued securities, ratings used incorporate consideration of material principal adverse impacts such as carbon emissions, social violations and freedom of expression.
- Exclusions - When investing directly in corporate issuers, the fund applies the Exclusions (as defined below) to help mitigate the principal adverse impacts through excluding harmful sectors and prohibiting investment in issuers that breach international standards, such as the UNGC.
- Engagement - Fidelity uses engagement as a tool to better understand principal adverse impacts and, in some circumstances, advocate for mitigating the principal adverse impacts. Fidelity participates in relevant individual and collaborative engagements that target a number of principal adverse impacts (i.e. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Voting - Fidelity’s voting policy includes explicit minimum standards for board gender diversity and engagement with climate change for corporate issuers. Fidelity may also vote to help mitigate principal adverse impacts.
- Quarterly reviews - monitoring of principal adverse impacts through the fund’s quarterly review process.

Fidelity takes into account specific indicators for each sustainability factor when considering whether investments have a principal adverse impact. These indicators are subject to data availability and may evolve with improving data quality and availability.
Information on principal adverse impacts will be available in the annual report of the fund.
The investment strategy guides investment decisions based on factors such as investments objectives and risk tolerance.

######  What investment strategy does this financial product follow?
A minimum of 50% of the fund’s assets will be invested in securities with favourable ESG characteristics.
Favourable ESG characteristics are determined by reference to ESG ratings provided by external agencies and Fidelity ESG ratings.
In respect of its direct investment in corporate issuers, the fund is subject to:
- a firm-wide exclusions list, which includes cluster munitions and anti-personnel landmines; and
- norms-based screening of issuers which the Investment Manager considers have failed to conduct their business in accordance with international norms, including as set out in the UNGC.

The above exclusions and screens (the “Exclusions”) may be updated from time to time. Please refer to the website for further information Sustainable investing framework(fidelityinternational.com).
The Investment Manager also has discretion to implement enhanced, stricter sustainable requirements and exclusions from time to time.
What are the binding elements of the investment strategy used to select the investments to attain each of the environmental or social characteristics promoted by this financial product?
The fund will invest:
- a minimum of 50% of its assets in issuers with favourable ESG characteristics;
- a minimum of 2.5% in sustainable investments of which a minimum of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 1% have a social objective.

In addition, the fund will apply the Exclusions, as described above, to all direct investments in corporate issuers.
What is the committed minimum rate to reduce the scope of the investments considered prior to the application of that investment strategy?
This question is not applicable.
Good governance practices include sound management structures, employee relations, remuneration of staff and tax compliance.
What is the policy to assess good governance practices of the investee companies?
The governance practices of issuers are assessed using fundamental research, including as part of the ESG ratings provided by external agencies or Fidelity ESG ratings.
Key points that are analysed include track record of capital allocation, financial transparency, related party transactions, board independence and size, executive pay, auditors and internal oversight, minority shareholder rights, among other indicators. For sovereign issuers, factors such as corruption and freedom of expression are included.
Asset allocation describes the share of investments in specific assets.
Taxonomy-aligned activities are expressed as a share of:
- turnover reflecting the share of revenue from green activities of investee companies
- capital expenditure (CapEx) showing the green investments made by investee companies,e.g. for a transition to a green economy.

- operational expenditure (OpEx) reflecting green operational activities of investee companies.

###### 	What is the asset allocation planned for this financial product?
(#1 Aligned with E/S characteristics) The fund will invest:
- a minimum of 50% of its assets in securities of issuers with favourable ESG characteristics;
- a minimum of 2.5% of its assets in sustainable investments (#1A sustainable) of whicha minimum of of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 1% have a social objective. The remaining sustainable investments of the fund may have an environmental or social objective.

(#1B Other E/S characteristics) Includes securities of issuers with favourable ESG characteristics but are not sustainable investments.
How does the use of derivatives attain the environmental or social characteristics promoted by the financial product?
Where the security underlying a derivative has favourable ESG characteristics in accordance with Fidelity's Sustainable Investing Framework, the derivative may be included in determining the proportion of the fund dedicated to promotion of environmental or social characteristics.
To what minimum extent are sustainable investments with an environmental objective aligned with the EU Taxonomy?
The fund invests a minimum of 0% in sustainable investments with an environmental objective aligned with the EU Taxonomy.
The compliance of the investments of the fund with the EU Taxonomy will not be subject to an assurance by auditors or a review by third parties.
The EU Taxonomy alignment of the underlying investments of the fund is measured by turnover.
Does the financial product invest in fossil gas and/or nuclear energy-related activities that comply with the EU Taxonomy¹?
- YesNo
- In fossil gas	In nuclear energyWhat is the minimum share of investments in transitional and enabling activities?

The fund invests a minimum of 0% in transitional activities and a minimum of 0% in enabling activities.
What is the minimum share of sustainable investments with an environmental objective that are not aligned with the EU Taxonomy?
The fund invests a minimum of 1% in sustainable investments with an environmental objective that is not aligned with the EU Taxonomy.
Investments could be aligned with the EU Taxonomy but the Investment Manager is not currently in a position to specify the exact proportion of the fund’s underlying investments which take into account the EU criteria for environmentally sustainable economic activities. However, the position will be kept under review as the underlying rules are finalised and the availability of reliable data increases over time.
¹Fossil gas and/or nuclear related activities will only comply with the EU Taxonomy where they contribute to limiting climate change (“climate change mitigation”) and do not significantly harm any EU Taxonomy objectives - see explanatory note in the left hand margin. The full criteria for fossil gas and nuclear energy economic activities that comply with the EU Taxonomy are laid down in Commission Delegated Regulation (EU) 2022/1214.
What is the minimum share of socially sustainable investments?
The fund invests a minimum of 1% in sustainable investments with a social objective.
What investments are included under “#2 Other”, what is their purpose and are there any minimum environmental or social safeguards?
The remaining investments of the fund will be invested in assets aligned with the financial objective of the fund, cash and cash equivalents for liquidity purposes and derivatives which may be used for investment and efficient portfolio management.
As a minimum environmental and social safeguard, the fund will adhere to the Exclusions.

###### Is a specific index designated as a reference benchmark to determine whether this financial product is aligned with the environmental and/or social characteristics that it promotes?
An index has not been designated as a reference benchmark to determine whether this financial product is aligned with the environmental or social characteristics that it promotes.
Reference benchmarks are indexes to measure whether the financial product attains the environmental or social characteristics that they promote.
How is the reference benchmark continuously aligned with each of the environmental or social characteristics promoted by the financial product?
This question is not applicable.
How is the alignment of the investment strategy with the methodology of the index ensured on a continuous basis?
This question is not applicable.
How does the designated index differ from a relevant broad market index?
This question is not applicable.
Where can the methodology used for the calculation of the designated index be found?
This question is not applicable.

###### 	Where can I find more product specific information online?
More product-specific information can be found on the website: https:/www.fidelity.lu/funds/factsheet/LU0261946288/tab-disclosure#SFDR-disclosure. 
Further information on the methodologies set out herein is available on the website: Sustainable investing framework (fidelityinternational.com).
Pre-contractual disclosure for the financial products referred to in Article 8, paragraphs 1, 2 and 2a, of Regulation (EU) 2019/2088 and Article 6, first paragraph, of Regulation (EU) 2020/852
Product name:	Legal entity identifier:
Fidelity Funds - Global Corporate Bond Fund	E1PSUJKP1HSFQL89GJ11

###### Environmental and/or social characteristics
| Does this financial product have a sustainable investment objective? |
| --- |
|  | - Yes
 |  | No |
| - It will make a minimum of sustainable investments with an environmental objective:%
- in economic activities that qualify as environmentally sustainable under the EU Taxonomy
- in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
- It will make a minimum of sustainable investments with a social objective:%
 | It promotes Environmental/Social (E/S) characteristics and while it does not have as its objective a sustainable investment, it will have a minimum proportion of 5% of sustainable investments with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomy with an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy with a social objective - It promotes E/S characteristics, but will not make any sustainable investments
 |

What environmental and/or social characteristics are promoted by this financial product?
Sustainability indicators measure how the environmental or social characteristics promoted by the financial product are attained.
The fund promotes environmental and social characteristics by investing in securities of issuers with favourable ESG characteristics. Favourable ESG characteristics are determined by reference to ESG ratings. ESG ratings consider environmental characteristics including carbon intensity, carbon emissions, energy efficiency, water and waste management and biodiversity, as well as social characteristics including product safety, supply chain, health and safety and human rights.
The fund partially intends to make sustainable investments.
No reference benchmark has been designated for the purpose of attaining the environmental and social characteristics promoted.
What sustainability indicators are used to measure the attainment of each of the environmental or social characteristics promoted by this financial product?
The fund uses the following sustainability indicators in order to measure the attainment of the environmental or social characteristics that it promotes:
- the percentage of the fund invested in securities of issuers with favourable ESG characteristics in accordance with Fidelity’s Sustainable Investing Framework;
- the percentage of the fund invested in securities of issuers with exposure to the Exclusions (as defined below);
- the percentage of the fund invested in sustainable investments;
- the percentage of the fund invested in sustainable investments with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomy;
- the percentage of the fund invested in sustainable investments with an environmental objective in economic activities (that do not qualify as environmentally sustainable under the EU Taxonomy); and
- the percentage of the fund invested in sustainable investments with a social objective.

What are the objectives of the sustainable investments that the financial product partially intends to make and how does the sustainable investment contribute to such objectives?
The fund determines a sustainable investment as an investment in securities of:
- issuers that undertake economic activities that contribute to one or more of the environmental objectives set out in the EU Taxonomy and qualify as environmentally sustainable in accordance with EU Taxonomy; or
- issuers whereby the majority of their business activities (more than 50% of revenue) contribute to environmental or social objectives aligned with one or more of the United Nations Sustainable Development Goals (“SDGs”); or
- issuers which have set a decarbonisation target consistent with a 1.5 degree warming scenario or lower (verified by the Science Based Target Initiative or a Fidelity Proprietary Climate Rating) which would be considered to contribute to environmental objectives;provided they do no significant harm, meet minimum safeguards and good governance criteria.

How do the sustainable investments that the financial product partially intends to make, not cause significant harm to any environmental or social sustainable investment objective?
Sustainable investments are screened for involvement in activities that cause significant harm and controversies, assessed through a check that the issuer meets minimum safeguards and standards that relate to principal adverse impacts (PAIs) as well as performance on PAI metrics. This includes:
- Norms-based screens - the screening out of securities identified under Fidelity’s existing norms-based screens (as set out below);
- Activity-based screens - the screening out of issuers based on their participation in activities with significant negative impacts on society or the environment, including issuers that are considered to have a ‘Very Severe’ controversy using controversy screens, covering
- environmental issues,
- human rights and communities,
- labour rights and supply chain,
- customers,
- governance; and
	- PAI indicators - quantitative data (where available) on PAI indicators is used to evaluate whether an issuer is involved in activities that cause significant harm to any environmental or social objective.


Principal adverse impacts are the most significant negative impacts of investment decisions on sustainability factors relating to environmental, social and employee matters, respect for human rights, anti- corruption and anti- bribery matters.
How have the indicators for adverse impacts on sustainability factors been taken into account?
For sustainable investments, as set out above, Fidelity undertakes a quantitative evaluation to identify issuers with challenging performance on PAI indicators. Issuers with a low score will be ineligible to be ‘sustainable investments’ unless Fidelity’s fundamental research determines that the issuer is not breaching “do no significant harm” requirements or is on the path to mitigate the adverse impacts through effective management or transition.
How are the sustainable investments aligned with the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights? Details:
Norms-based screens are applied: Issuers identified as failing to behave in a way which meets their fundamental responsibilities in the areas of human rights, labour, environmental and anti-corruption as aligned with international norms including those set out by the OECD Guidelines for Multinational Enterprises, the UN Guiding Principles on Business and Human Rights, the UN Global Compact (UNGC) and the International Labour Organisation (ILO) Conventions, are not considered sustainable investments.
The EU Taxonomy sets out a “do not significant harm” principle by which Taxonomy-aligned investments should not significantly harm EU Taxonomy objectives and is accompanied by specific EU criteria.
The “do no significant harm” principle applies only to those investments underlying the financial product that take into account the EU criteria for environmentally sustainable economic activities. The investments underlying the remaining portion of this financial product do not take into account the EU criteria for environmentally sustainable economic activities.
Any other sustainable investments must also not significantly harm any environmental or social objectives.

###### Does this financial product consider principal adverse impacts on sustainability factors?
Yes
- NoConsideration of the principal adverse impacts on sustainability factors of investment decisions (referred to as principal adverse impacts) is incorporated through a variety of tools, including:
- Due Diligence - analysis of whether impacts on sustainability factors are material and negative.
- ESG rating - Fidelity references ESG ratings which incorporate consideration of material principal adverse impacts such as carbon emissions, employee safety and bribery and corruption, water management and, for sovereign issued securities, ratings used incorporate consideration of material principal adverse impacts such as carbon emissions, social violations and freedom of expression.
- Exclusions - When investing directly in corporate issuers, the fund applies the Exclusions (as defined below) to help mitigate the principal adverse impacts through excluding harmful sectors and prohibiting investment in issuers that breach international standards, such as the UNGC.
- Engagement - Fidelity uses engagement as a tool to better understand principal adverse impacts and, in some circumstances, advocate for mitigating the principal adverse impacts. Fidelity participates in relevant individual and collaborative engagements that target a number of principal adverse impacts (i.e. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Voting - Fidelity’s voting policy includes explicit minimum standards for board gender diversity and engagement with climate change for corporate issuers. Fidelity may also vote to help mitigate principal adverse impacts.
- Quarterly reviews - monitoring of principal adverse impacts through the fund’s quarterly review process.

Fidelity takes into account specific indicators for each sustainability factor when considering whether investments have a principal adverse impact. These indicators are subject to data availability and may evolve with improving data quality and availability.
Information on principal adverse impacts will be available in the annual report of the fund.
The investment strategy guides investment decisions based on factors such as investments objectives and risk tolerance.

######  What investment strategy does this financial product follow?
A minimum of 50% of the fund’s assets will be invested in securities with favourable ESG characteristics.
Favourable ESG characteristics are determined by reference to ESG ratings provided by external agencies and Fidelity ESG ratings.
In respect of its direct investment in corporate issuers, the fund is subject to:
- a firm-wide exclusions list, which includes cluster munitions and anti-personnel landmines; and
- norms-based screening of issuers which the Investment Manager considers have failed to conduct their business in accordance with international norms, including as set out in the UNGC.

The above exclusions and screens (the “Exclusions”) may be updated from time to time. Please refer to the website for further information Sustainable investing framework(fidelityinternational.com).
The Investment Manager also has discretion to implement enhanced, stricter sustainable requirements and exclusions from time to time.
What are the binding elements of the investment strategy used to select the investments to attain each of the environmental or social characteristics promoted by this financial product?
The fund will invest:
- a minimum of 50% of its assets in issuers with favourable ESG characteristics;
- a minimum of 5% in sustainable investments of which a minimum of 0.5% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 1% have a social objective.

In addition, the fund will apply the Exclusions, as described above, to all direct investments in corporate issuers.
What is the committed minimum rate to reduce the scope of the investments considered prior to the application of that investment strategy?
This question is not applicable.
Good governance practices include sound management structures, employee relations, remuneration of staff and tax compliance.
What is the policy to assess good governance practices of the investee companies?
The governance practices of issuers are assessed using fundamental research, including as part of the ESG ratings provided by external agencies or Fidelity ESG ratings.
Key points that are analysed include track record of capital allocation, financial transparency, related party transactions, board independence and size, executive pay, auditors and internal oversight, minority shareholder rights, among other indicators. For sovereign issuers, factors such as corruption and freedom of expression are included.
Asset allocation describes the share of investments in specific assets.
Taxonomy-aligned activities are expressed as a share of:
- turnover reflecting the share of revenue from green activities of investee companies
- capital expenditure (CapEx) showing the green investments made by investee companies,e.g. for a transition to a green economy.

- operational expenditure (OpEx) reflecting green operational activities of investee companies.

###### 	What is the asset allocation planned for this financial product?
(#1 Aligned with E/S characteristics) The fund will invest:
- a minimum of 50% of its assets in securities of issuers with favourable ESG characteristics;
- a minimum of 5% of its assets in sustainable investments (#1A sustainable) of which a minimum of of 0.5% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 1% have a social objective. The remaining sustainable investments of the fund may have an environmental or social objective.

(#1B Other E/S characteristics) Includes securities of issuers with favourable ESG characteristics but are not sustainable investments.
How does the use of derivatives attain the environmental or social characteristics promoted by the financial product?
Where the security underlying a derivative has favourable ESG characteristics in accordance with Fidelity's Sustainable Investing Framework, the derivative may be included in determining the proportion of the fund dedicated to promotion of environmental or social characteristics.
To what minimum extent are sustainable investments with an environmental objective aligned with the EU Taxonomy?
The fund invests a minimum of 0.5% in sustainable investments with an environmental objective aligned with the EU Taxonomy.
The compliance of the investments of the fund with the EU Taxonomy will not be subject to an assurance by auditors or a review by third parties.
The EU Taxonomy alignment of the underlying investments of the fund is measured by turnover.
Does the financial product invest in fossil gas and/or nuclear energy-related activities that comply with the EU Taxonomy¹?
- YesNo
- In fossil gas	In nuclear energyWhat is the minimum share of investments in transitional and enabling activities?

The fund invests a minimum of 0% in transitional activities and a minimum of 0% in enabling activities.
What is the minimum share of sustainable investments with an environmental objective that are not aligned with the EU Taxonomy?
The fund invests a minimum of 1% in sustainable investments with an environmental objective that is not aligned with the EU Taxonomy.
Investments could be aligned with the EU Taxonomy but the Investment Manager is not currently in a position to specify the exact proportion of the fund’s underlying investments which take into account the EU criteria for environmentally sustainable economic activities. However, the position will be kept under review as the underlying rules are finalised and the availability of reliable data increases over time.
¹Fossil gas and/or nuclear related activities will only comply with the EU Taxonomy where they contribute to limiting climate change (“climate change mitigation”) and do not significantly harm any EU Taxonomy objectives - see explanatory note in the left hand margin. The full criteria for fossil gas and nuclear energy economic activities that comply with the EU Taxonomy are laid down in Commission Delegated Regulation (EU) 2022/1214.
What is the minimum share of socially sustainable investments?
The fund invests a minimum of 1% in sustainable investments with a social objective.
What investments are included under “#2 Other”, what is their purpose and are there any minimum environmental or social safeguards?
The remaining investments of the fund will be invested in assets aligned with the financial objective of the fund, cash and cash equivalents for liquidity purposes and derivatives which may be used for investment and efficient portfolio management.
As a minimum environmental and social safeguard, the fund will adhere to the Exclusions.

###### Is a specific index designated as a reference benchmark to determine whether this financial product is aligned with the environmental and/or social characteristics that it promotes?
An index has not been designated as a reference benchmark to determine whether this financial product is aligned with the environmental or social characteristics that it promotes.
Reference benchmarks are indexes to measure whether the financial product attains the environmental or social characteristics that they promote.
How is the reference benchmark continuously aligned with each of the environmental or social characteristics promoted by the financial product?
This question is not applicable.
How is the alignment of the investment strategy with the methodology of the index ensured on a continuous basis?
This question is not applicable.
How does the designated index differ from a relevant broad market index?
This question is not applicable.
Where can the methodology used for the calculation of the designated index be found?
This question is not applicable.

###### 	Where can I find more product specific information online?
More product-specific information can be found on the website: https:/www.fidelity.lu/funds/factsheet/LU0532243267/tab-disclosure#SFDR-disclosure. 
Further information on the methodologies set out herein is available on the website: Sustainable investing framework (fidelityinternational.com).
Pre-contractual disclosure for the financial products referred to in Article 8, paragraphs 1, 2 and 2a, of Regulation (EU) 2019/2088 and Article 6, first paragraph, of Regulation (EU) 2020/852
Product name:	Legal entity identifier:
Fidelity Funds - Global Hybrids Bond Fund	549300BKJXZO8Z8K9S85

###### Environmental and/or social characteristics
| Does this financial product have a sustainable investment objective? |
| --- |
|  | - Yes
 |  | No |
| - It will make a minimum of sustainable investments with an environmental objective:%
- in economic activities that qualify as environmentally sustainable under the EU Taxonomy
- in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
- It will make a minimum of sustainable investments with a social objective:%
 | It promotes Environmental/Social (E/S) characteristics and while it does not have as its objective a sustainable investment, it will have a minimum proportion of 5% of sustainable investments with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomy with an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy with a social objective - It promotes E/S characteristics, but will not make any sustainable investments
 |

What environmental and/or social characteristics are promoted by this financial product?
Sustainability indicators measure how the environmental or social characteristics promoted by the financial product are attained.
The fund promotes environmental and social characteristics by investing in securities of issuers with favourable ESG characteristics. Favourable ESG characteristics are determined by reference to ESG ratings. ESG ratings consider environmental characteristics including carbon intensity, carbon emissions, energy efficiency, water and waste management and biodiversity, as well as social characteristics including product safety, supply chain, health and safety and human rights.
The fund partially intends to make sustainable investments.
No reference benchmark has been designated for the purpose of attaining the environmental and social characteristics promoted.
What sustainability indicators are used to measure the attainment of each of the environmental or social characteristics promoted by this financial product?
The fund uses the following sustainability indicators in order to measure the attainment of the environmental or social characteristics that it promotes:
- the percentage of the fund invested in securities of issuers with favourable ESG characteristics in accordance with Fidelity’s Sustainable Investing Framework;
- the percentage of the fund invested in securities of issuers with exposure to the Exclusions (as defined below);
- the percentage of the fund invested in sustainable investments;
- the percentage of the fund invested in sustainable investments with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomy;
- the percentage of the fund invested in sustainable investments with an environmental objective in economic activities (that do not qualify as environmentally sustainable under the EU Taxonomy); and
- the percentage of the fund invested in sustainable investments with a social objective.

What are the objectives of the sustainable investments that the financial product partially intends to make and how does the sustainable investment contribute to such objectives?
The fund determines a sustainable investment as an investment in securities of:
- issuers that undertake economic activities that contribute to one or more of the environmental objectives set out in the EU Taxonomy and qualify as environmentally sustainable in accordance with EU Taxonomy; or
- issuers whereby the majority of their business activities (more than 50% of revenue) contribute to environmental or social objectives aligned with one or more of the United Nations Sustainable Development Goals (“SDGs”); or
- issuers which have set a decarbonisation target consistent with a 1.5 degree warming scenario or lower (verified by the Science Based Target Initiative or a Fidelity Proprietary Climate Rating) which would be considered to contribute to environmental objectives;provided they do no significant harm, meet minimum safeguards and good governance criteria.

How do the sustainable investments that the financial product partially intends to make, not cause significant harm to any environmental or social sustainable investment objective?
Sustainable investments are screened for involvement in activities that cause significant harm and controversies, assessed through a check that the issuer meets minimum safeguards and standards that relate to principal adverse impacts (PAIs) as well as performance on PAI metrics. This includes:
- Norms-based screens - the screening out of securities identified under Fidelity’s existing norms-based screens (as set out below);
- Activity-based screens - the screening out of issuers based on their participation in activities with significant negative impacts on society or the environment, including issuers that are considered to have a ‘Very Severe’ controversy using controversy screens, covering
- environmental issues,
- human rights and communities,
- labour rights and supply chain,
- customers,
- governance; and
	- PAI indicators - quantitative data (where available) on PAI indicators is used to evaluate whether an issuer is involved in activities that cause significant harm to any environmental or social objective.


Principal adverse impacts are the most significant negative impacts of investment decisions on sustainability factors relating to environmental, social and employee matters, respect for human rights, anti- corruption and anti- bribery matters.
How have the indicators for adverse impacts on sustainability factors been taken into account?
For sustainable investments, as set out above, Fidelity undertakes a quantitative evaluation to identify issuers with challenging performance on PAI indicators. Issuers with a low score will be ineligible to be ‘sustainable investments’ unless Fidelity’s fundamental research determines that the issuer is not breaching “do no significant harm” requirements or is on the path to mitigate the adverse impacts through effective management or transition.
How are the sustainable investments aligned with the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights? Details:
Norms-based screens are applied: Issuers identified as failing to behave in a way which meets their fundamental responsibilities in the areas of human rights, labour, environmental and anti-corruption as aligned with international norms including those set out by the OECD Guidelines for Multinational Enterprises, the UN Guiding Principles on Business and Human Rights, the UN Global Compact (UNGC) and the International Labour Organisation (ILO) Conventions, are not considered sustainable investments.
The EU Taxonomy sets out a “do not significant harm” principle by which Taxonomy-aligned investments should not significantly harm EU Taxonomy objectives and is accompanied by specific EU criteria.
The “do no significant harm” principle applies only to those investments underlying the financial product that take into account the EU criteria for environmentally sustainable economic activities. The investments underlying the remaining portion of this financial product do not take into account the EU criteria for environmentally sustainable economic activities.
Any other sustainable investments must also not significantly harm any environmental or social objectives.

###### Does this financial product consider principal adverse impacts on sustainability factors?
Yes
- NoConsideration of the principal adverse impacts on sustainability factors of investment decisions (referred to as principal adverse impacts) is incorporated through a variety of tools, including:
- Due Diligence - analysis of whether impacts on sustainability factors are material and negative.
- ESG rating - Fidelity references ESG ratings which incorporate consideration of material principal adverse impacts such as carbon emissions, employee safety and bribery and corruption, water management and, for sovereign issued securities, ratings used incorporate consideration of material principal adverse impacts such as carbon emissions, social violations and freedom of expression.
- Exclusions - When investing directly in corporate issuers, the fund applies the Exclusions (as defined below) to help mitigate the principal adverse impacts through excluding harmful sectors and prohibiting investment in issuers that breach international standards, such as the UNGC.
- Engagement - Fidelity uses engagement as a tool to better understand principal adverse impacts and, in some circumstances, advocate for mitigating the principal adverse impacts. Fidelity participates in relevant individual and collaborative engagements that target a number of principal adverse impacts (i.e. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Voting - Fidelity’s voting policy includes explicit minimum standards for board gender diversity and engagement with climate change for corporate issuers. Fidelity may also vote to help mitigate principal adverse impacts.
- Quarterly reviews - monitoring of principal adverse impacts through the fund’s quarterly review process.

Fidelity takes into account specific indicators for each sustainability factor when considering whether investments have a principal adverse impact. These indicators are subject to data availability and may evolve with improving data quality and availability.
Information on principal adverse impacts will be available in the annual report of the fund.
The investment strategy guides investment decisions based on factors such as investments objectives and risk tolerance.

######  What investment strategy does this financial product follow?
A minimum of 50% of the fund’s assets will be invested in securities with favourable ESG characteristics.
Favourable ESG characteristics are determined by reference to ESG ratings provided by external agencies and Fidelity ESG ratings.
In respect of its direct investment in corporate issuers, the fund is subject to:
- a firm-wide exclusions list, which includes cluster munitions and anti-personnel landmines; and
- norms-based screening of issuers which the Investment Manager considers have failed to conduct their business in accordance with international norms, including as set out in the UNGC.

The above exclusions and screens (the “Exclusions”) may be updated from time to time. Please refer to the website for further information Sustainable investing framework(fidelityinternational.com).
The Investment Manager also has discretion to implement enhanced, stricter sustainable requirements and exclusions from time to time.
What are the binding elements of the investment strategy used to select the investments to attain each of the environmental or social characteristics promoted by this financial product?
The fund will invest:
- a minimum of 50% of its assets in issuers with favourable ESG characteristics;
- a minimum of 5% in sustainable investments of which a minimum of 0.5% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 1% have a social objective.

In addition, the fund will apply the Exclusions, as described above, to all direct investments in corporate issuers.
What is the committed minimum rate to reduce the scope of the investments considered prior to the application of that investment strategy?
This question is not applicable.
Good governance practices include sound management structures, employee relations, remuneration of staff and tax compliance.
What is the policy to assess good governance practices of the investee companies?
The governance practices of issuers are assessed using fundamental research, including as part of the ESG ratings provided by external agencies or Fidelity ESG ratings.
Key points that are analysed include track record of capital allocation, financial transparency, related party transactions, board independence and size, executive pay, auditors and internal oversight, minority shareholder rights, among other indicators. For sovereign issuers, factors such as corruption and freedom of expression are included.
Asset allocation describes the share of investments in specific assets.
Taxonomy-aligned activities are expressed as a share of:
- turnover reflecting the share of revenue from green activities of investee companies
- capital expenditure (CapEx) showing the green investments made by investee companies,e.g. for a transition to a green economy.

- operational expenditure (OpEx) reflecting green operational activities of investee companies.

###### 	What is the asset allocation planned for this financial product?
(#1 Aligned with E/S characteristics) The fund will invest:
- a minimum of 50% of its assets in securities of issuers with favourable ESG characteristics;
- a minimum of 5% of its assets in sustainable investments (#1A sustainable) of which a minimum of of 0.5% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 1% have a social objective. The remaining sustainable investments of the fund may have an environmental or social objective.

(#1B Other E/S characteristics) Includes securities of issuers with favourable ESG characteristics but are not sustainable investments.
How does the use of derivatives attain the environmental or social characteristics promoted by the financial product?
Where the security underlying a derivative has favourable ESG characteristics in accordance with Fidelity's Sustainable Investing Framework, the derivative may be included in determining the proportion of the fund dedicated to promotion of environmental or social characteristics.
To what minimum extent are sustainable investments with an environmental objective aligned with the EU Taxonomy?
The fund invests a minimum of 0.5% in sustainable investments with an environmental objective aligned with the EU Taxonomy.
The compliance of the investments of the fund with the EU Taxonomy will not be subject to an assurance by auditors or a review by third parties.
The EU Taxonomy alignment of the underlying investments of the fund is measured by turnover.
Does the financial product invest in fossil gas and/or nuclear energy-related activities that comply with the EU Taxonomy¹?
- YesNo
- In fossil gas	In nuclear energyWhat is the minimum share of investments in transitional and enabling activities?

The fund invests a minimum of 0% in transitional activities and a minimum of 0% in enabling activities.
What is the minimum share of sustainable investments with an environmental objective that are not aligned with the EU Taxonomy?
The fund invests a minimum of 1% in sustainable investments with an environmental objective that is not aligned with the EU Taxonomy.
Investments could be aligned with the EU Taxonomy but the Investment Manager is not currently in a position to specify the exact proportion of the fund’s underlying investments which take into account the EU criteria for environmentally sustainable economic activities. However, the position will be kept under review as the underlying rules are finalised and the availability of reliable data increases over time.
¹Fossil gas and/or nuclear related activities will only comply with the EU Taxonomy where they contribute to limiting climate change (“climate change mitigation”) and do not significantly harm any EU Taxonomy objectives - see explanatory note in the left hand margin. The full criteria for fossil gas and nuclear energy economic activities that comply with the EU Taxonomy are laid down in Commission Delegated Regulation (EU) 2022/1214.
What is the minimum share of socially sustainable investments?
The fund invests a minimum of 1% in sustainable investments with a social objective.
What investments are included under “#2 Other”, what is their purpose and are there any minimum environmental or social safeguards?
The remaining investments of the fund will be invested in assets aligned with the financial objective of the fund, cash and cash equivalents for liquidity purposes and derivatives which may be used for investment and efficient portfolio management.
As a minimum environmental and social safeguard, the fund will adhere to the Exclusions.

###### Is a specific index designated as a reference benchmark to determine whether this financial product is aligned with the environmental and/or social characteristics that it promotes?
An index has not been designated as a reference benchmark to determine whether this financial product is aligned with the environmental or social characteristics that it promotes.
Reference benchmarks are indexes to measure whether the financial product attains the environmental or social characteristics that they promote.
How is the reference benchmark continuously aligned with each of the environmental or social characteristics promoted by the financial product?
This question is not applicable.
How is the alignment of the investment strategy with the methodology of the index ensured on a continuous basis?
This question is not applicable.
How does the designated index differ from a relevant broad market index?
This question is not applicable.
Where can the methodology used for the calculation of the designated index be found?
This question is not applicable.

###### 	Where can I find more product specific information online?
More product-specific information can be found on the website: https:/www.fidelity.lu/funds/factsheet/LU2207557542/tab-disclosure#SFDR-disclosure. 
Further information on the methodologies set out herein is available on the website: Sustainable investing framework (fidelityinternational.com).
Pre-contractual disclosure for the financial products referred to in Article 8, paragraphs 1, 2 and 2a, of Regulation (EU) 2019/2088 and Article 6, first paragraph, of Regulation (EU) 2020/852
Product name:	Legal entity identifier:
Fidelity Funds - Global High Yield Fund	549300HLL9VXER4ESF55

###### Environmental and/or social characteristics
| Does this financial product have a sustainable investment objective? |
| --- |
|  | - Yes
 |  | No |
| - It will make a minimum of sustainable investments with an environmental objective:%
- in economic activities that qualify as environmentally sustainable under the EU Taxonomy
- in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
- It will make a minimum of sustainable investments with a social objective:%
 | It promotes Environmental/Social (E/S) characteristics and while it does not have as its objective a sustainable investment, it will have a minimum proportion of 5% of sustainable investments - with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomywith an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomywith a social objective
- It promotes E/S characteristics, but will not make any sustainable investments
 |

What environmental and/or social characteristics are promoted by this financial product?
Sustainability indicators measure how the environmental or social characteristics promoted by the financial product are attained.
The fund promotes environmental and social characteristics by investing in securities of issuers with favourable ESG characteristics. Favourable ESG characteristics are determined by reference to ESG ratings. ESG ratings consider environmental characteristics including carbon intensity, carbon emissions, energy efficiency, water and waste management and biodiversity, as well as social characteristics including product safety, supply chain, health and safety and human rights.
The fund partially intends to make sustainable investments.
No reference benchmark has been designated for the purpose of attaining the environmental and social characteristics promoted.
What sustainability indicators are used to measure the attainment of each of the environmental or social characteristics promoted by this financial product?
The fund uses the following sustainability indicators in order to measure the attainment of the environmental or social characteristics that it promotes:
- the percentage of the fund invested in securities of issuers with favourable ESG characteristics in accordance with Fidelity’s Sustainable Investing Framework;
- the percentage of the fund invested in securities of issuers with exposure to the Exclusions (as defined below);
- the percentage of the fund invested in sustainable investments;
- the percentage of the fund invested in sustainable investments with an environmental objective in economic activities (that do not qualify as environmentally sustainable under the EU Taxonomy); and
- the percentage of the fund invested in sustainable investments with a social objective.

What are the objectives of the sustainable investments that the financial product partially intends to make and how does the sustainable investment contribute to such objectives?
The fund determines a sustainable investment as an investment in securities of:
- issuers that undertake economic activities that contribute to one or more of the environmental objectives set out in the EU Taxonomy and qualify as environmentally sustainable in accordance with EU Taxonomy; or
- issuers whereby the majority of their business activities (more than 50% of revenue) contribute to environmental or social objectives aligned with one or more of the United Nations Sustainable Development Goals (“SDGs”); or
- issuers which have set a decarbonisation target consistent with a 1.5 degree warming scenario or lower (verified by the Science Based Target Initiative or a Fidelity Proprietary Climate Rating) which would be considered to contribute to environmental objectives;provided they do no significant harm, meet minimum safeguards and good governance criteria.

How do the sustainable investments that the financial product partially intends to make, not cause significant harm to any environmental or social sustainable investment objective?
Sustainable investments are screened for involvement in activities that cause significant harm and controversies, assessed through a check that the issuer meets minimum safeguards and standards that relate to principal adverse impacts (PAIs) as well as a performance on PAI metrics. This includes:
- Norms-based screens - the screening out of securities identified under Fidelity’s existing norms-based exclusions (as set out below);
- Activity-based screens - the screening out of issuers based on their participation in activities with significant negative impacts on society or the environment, including entities that are considered to have a ‘Very Severe’ controversy using controversy screens, covering
- environmental issues,
- human rights and communities,
- labour rights and supply chain,
- customers,
- governance; and
	- PAI indicators - quantitative data (where available) on PAI indicators is used to evaluate whether an issuer is involved in activities that cause significant harm to any environmental or social objective.


Principal adverse impacts are the most significant negative impacts of investment decisions on sustainability factors relating to environmental, social and employee matters, respect for human rights, anti- corruption and anti- bribery matters.
How have the indicators for adverse impacts on sustainability factors been taken into account?
For sustainable investments, as set out above, Fidelity undertakes a quantitative evaluation to identify issuers with challenging performance on PAI indicators. Issuers with a low score will be ineligible to be ‘sustainable investments’ unless Fidelity’s fundamental research determines that the issuer is not breaching “do no significant harm” requirements or is on the path to mitigate the adverse impacts through effective management or transition.
How are the sustainable investments aligned with the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights? Details:
Norms-based screens are applied: Issuers identified as failing to behave in a way which meets their fundamental responsibilities in the areas of human rights, labour, environmental and anti-corruption as aligned with international norms including those set out by the OECD Guidelines for Multinational Enterprises, the UN Guiding Principles on Business and Human Rights, the UN Global Compact (UNGC) and the International Labour Organisation (ILO) Conventions, are not considered sustainable investments.
The EU Taxonomy sets out a “do not significant harm” principle by which Taxonomy-aligned investments should not significantly harm EU Taxonomy objectives and is accompanied by specific EU criteria.
The “do no significant harm” principle applies only to those investments underlying the financial product that take into account the EU criteria for environmentally sustainable economic activities. The investments underlying the remaining portion of this financial product do not take into account the EU criteria for environmentally sustainable economic activities.
Any other sustainable investments must also not significantly harm any environmental or social objectives.

###### Does this financial product consider principal adverse impacts on sustainability factors?
Yes
- NoConsideration of the principal adverse impacts on sustainability factors of investment decisions (referred to as principal adverse impacts) is incorporated through a variety of tools, including:
- Due Diligence - analysis of whether impacts on sustainability factors are material and negative.
- ESG rating - Fidelity references ESG ratings which incorporate consideration of material principal adverse impacts such as carbon emissions, employee safety and bribery and corruption, water management and, for sovereign issued securities, ratings used incorporate consideration of material principal adverse impacts such as carbon emissions, social violations and freedom of expression.
- Exclusions - When investing directly in corporate issuers, the fund applies the Exclusions (as defined below) to help mitigate the principal adverse impacts through excluding harmful sectors and prohibiting investment in issuers that breach international standards, such as the UNGC.
- Engagement - Fidelity uses engagement as a tool to better understand principal adverse impacts and, in some circumstances, advocate for mitigating the principal adverse impacts. Fidelity participates in relevant individual and collaborative engagements that target a number of principal adverse impacts (i.e. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Voting - Fidelity’s voting policy includes explicit minimum standards for board gender diversity and engagement with climate change for corporate issuers. Fidelity may also vote to help mitigate principal adverse impacts.
- Quarterly reviews - monitoring of principal adverse impacts through the fund’s quarterly review process.

Fidelity takes into account specific indicators for each sustainability factor when considering whether investments have a principal adverse impact. These indicators are subject to data availability and may evolve with improving data quality and availability.
Information on principal adverse impacts will be available in the annual report of the fund.
The investment strategy guides investment decisions based on factors such as investments objectives and risk tolerance.

######  What investment strategy does this financial product follow?
A minimum of 50% of the fund’s assets will be invested in securities with favourable ESG characteristics.
Favourable ESG characteristics are determined by reference to ESG ratings provided by external agencies and Fidelity ESG ratings.
In respect of its direct investment in corporate issuers, the fund is subject to:
- a firm-wide exclusions list, which includes cluster munitions and anti-personnel landmines; and
- norms-based screening of issuers which the Investment Manager considers have failed to conduct their business in accordance with international norms, including as set out in the UNGC.

The above exclusions and screens (the “Exclusions”) may be updated from time to time. Please refer to the website for further information Sustainable investing framework(fidelityinternational.com).
The Investment Manager also has discretion to implement enhanced, stricter sustainable requirements and exclusions from time to time.
What are the binding elements of the investment strategy used to select the investments to attain each of the environmental or social characteristics promoted by this financial product?
The fund will invest:
- a minimum of 50% of its assets in issuers with favourable ESG characteristics;
- a minimum of 5% in sustainable investments of which a minimum of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 1% have a social objective.

In addition, the fund will apply the Exclusions, as described above, to all direct investments in corporate issuers.
What is the committed minimum rate to reduce the scope of the investments considered prior to the application of that investment strategy?
This question is not applicable.
Good governance practices include sound management structures, employee relations, remuneration of staff and tax compliance.
What is the policy to assess good governance practices of the investee companies?
The governance practices of issuers are assessed using fundamental research, including as part of the ESG ratings provided by external agencies or Fidelity ESG ratings.
Key points that are analysed include track record of capital allocation, financial transparency, related party transactions, board independence and size, executive pay, auditors and internal oversight, minority shareholder rights, among other indicators. For sovereign issuers, factors such as corruption and freedom of expression are included.
Asset allocation describes the share of investments in specific assets.
Taxonomy-aligned activities are expressed as a share of:
- turnover reflecting the share of revenue from green activities of investee companies
- capital expenditure (CapEx) showing the green investments made by investee companies,e.g. for a transition to a green economy.

- operational expenditure (OpEx) reflecting green operational activities of investee companies.

###### 	What is the asset allocation planned for this financial product?
(#1 Aligned with E/S characteristics) The fund will invest:
- a minimum of 50% of its assets in securities of issuers with favourable ESG characteristics;
- a minimum of 5% of its assets in sustainable investments (#1A sustainable) of which a minimum of of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 1% have a social objective. The remaining sustainable investments of the fund may have an environmental or social objective.

(#1B Other E/S characteristics) Includes securities of issuers with favourable ESG characteristics but are not sustainable investments.
How does the use of derivatives attain the environmental or social characteristics promoted by the financial product?
Where the security underlying a derivative has favourable ESG characteristics in accordance with Fidelity's Sustainable Investing Framework, the derivative may be included in determining the proportion of the fund dedicated to promotion of environmental or social characteristics.
To what minimum extent are sustainable investments with an environmental objective aligned with the EU Taxonomy?
The fund invests a minimum of 0% in sustainable investments with an environmental objective aligned with the EU Taxonomy.
The compliance of the investments of the fund with the EU Taxonomy will not be subject to an assurance by auditors or a review by third parties.
The EU Taxonomy alignment of the underlying investments of the fund is measured by turnover.
Does the financial product invest in fossil gas and/or nuclear energy-related activities that comply with the EU Taxonomy¹?
- YesNo
- In fossil gas	In nuclear energyWhat is the minimum share of investments in transitional and enabling activities?

The fund invests a minimum of 0% in transitional activities and a minimum of 0% in enabling activities.
What is the minimum share of sustainable investments with an environmental objective that are not aligned with the EU Taxonomy?
The fund invests a minimum of 1% in sustainable investments with an environmental objective that is not aligned with the EU Taxonomy.
Investments could be aligned with the EU Taxonomy but the Investment Manager is not currently in a position to specify the exact proportion of the fund’s underlying investments which take into account the EU criteria for environmentally sustainable economic activities. However, the position will be kept under review as the underlying rules are finalised and the availability of reliable data increases over time.
¹Fossil gas and/or nuclear related activities will only comply with the EU Taxonomy where they contribute to limiting climate change (“climate change mitigation”) and do not significantly harm any EU Taxonomy objectives - see explanatory note in the left hand margin. The full criteria for fossil gas and nuclear energy economic activities that comply with the EU Taxonomy are laid down in Commission Delegated Regulation (EU) 2022/1214.
What is the minimum share of socially sustainable investments?
The fund invests a minimum of 1% in sustainable investments with a social objective.
What investments are included under “#2 Other”, what is their purpose and are there any minimum environmental or social safeguards?
The remaining investments of the fund will be invested in assets aligned with the financial objective of the fund, cash and cash equivalents for liquidity purposes and derivatives which may be used for investment and efficient portfolio management.
As a minimum environmental and social safeguard, the fund will adhere to the Exclusions.

###### Is a specific index designated as a reference benchmark to determine whether this financial product is aligned with the environmental and/or social characteristics that it promotes?
An index has not been designated as a reference benchmark to determine whether this financial product is aligned with the environmental or social characteristics that it promotes.
Reference benchmarks are indexes to measure whether the financial product attains the environmental or social characteristics that they promote.
How is the reference benchmark continuously aligned with each of the environmental or social characteristics promoted by the financial product?
This question is not applicable.
How is the alignment of the investment strategy with the methodology of the index ensured on a continuous basis?
This question is not applicable.
How does the designated index differ from a relevant broad market index?
This question is not applicable.
Where can the methodology used for the calculation of the designated index be found?
This question is not applicable.

###### 	Where can I find more product specific information online?
More product-specific information can be found on the website: https:/www.fidelity.lu/funds/factsheet/LU0740037022/tab-disclosure#SFDR-disclosure. 
Further information on the methodologies set out herein is available on the website: Sustainable investing framework (fidelityinternational.com).
Pre-contractual disclosure for the financial products referred to in Article 8, paragraphs 1, 2 and 2a, of Regulation (EU) 2019/2088 and Article 6, first paragraph, of Regulation (EU) 2020/852
Product name:	Legal entity identifier:
Fidelity Funds - Global Income Fund	549300Y91PT1E5IZKI34

###### Environmental and/or social characteristics
| Does this financial product have a sustainable investment objective? |
| --- |
|  | - Yes
 |  | No |
| - It will make a minimum of sustainable investments with an environmental objective:%
- in economic activities that qualify as environmentally sustainable under the EU Taxonomy
- in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
- It will make a minimum of sustainable investments with a social objective:%
 | It promotes Environmental/Social (E/S) characteristics and while it does not have as its objective a sustainable investment, it will have a minimum proportion of 5% of sustainable investments - with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomywith an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomywith a social objective
- It promotes E/S characteristics, but will not make any sustainable investments
 |

What environmental and/or social characteristics are promoted by this financial product?
Sustainability indicators measure how the environmental or social characteristics promoted by the financial product are attained.
The fund promotes environmental and social characteristics by investing in securities of issuers with favourable ESG characteristics. Favourable ESG characteristics are determined by reference to ESG ratings. ESG ratings consider environmental characteristics including carbon intensity, carbon emissions, energy efficiency, water and waste management and biodiversity, as well as social characteristics including product safety, supply chain, health and safety and human rights.
The fund partially intends to make sustainable investments.
No reference benchmark has been designated for the purpose of attaining the environmental and social characteristics promoted.
What sustainability indicators are used to measure the attainment of each of the environmental or social characteristics promoted by this financial product?
The fund uses the following sustainability indicators in order to measure the attainment of the environmental or social characteristics that it promotes:
- the percentage of the fund invested in securities of issuers with favourable ESG characteristics in accordance with Fidelity’s Sustainable Investing Framework;
- the percentage of the fund invested in securities of issuers with exposure to the Exclusions (as defined below);
- the percentage of the fund invested in sustainable investments;
- the percentage of the fund invested in sustainable investments with an environmental objective in economic activities (that do not qualify as environmentally sustainable under the EU Taxonomy); and
- the percentage of the fund invested in sustainable investments with a social objective.

What are the objectives of the sustainable investments that the financial product partially intends to make and how does the sustainable investment contribute to such objectives?
The fund determines a sustainable investment as an investment in securities of:
- issuers that undertake economic activities that contribute to one or more of the environmental objectives set out in the EU Taxonomy and qualify as environmentally sustainable in accordance with EU Taxonomy; or
- issuers whereby the majority of their business activities (more than 50% of revenue) contribute to environmental or social objectives aligned with one or more of the United Nations Sustainable Development Goals (“SDGs”); or
- issuers which have set a decarbonisation target consistent with a 1.5 degree warming scenario or lower (verified by the Science Based Target Initiative or a Fidelity Proprietary Climate Rating) which would be considered to contribute to environmental objectives;provided they do no significant harm, meet minimum safeguards and good governance criteria.

How do the sustainable investments that the financial product partially intends to make, not cause significant harm to any environmental or social sustainable investment objective?
Sustainable investments are screened for involvement in activities that cause significant harm and controversies, assessed through a check that the issuer meets minimum safeguards and standards that relate to principal adverse impacts (PAIs) as well as a performance on PAI metrics. This includes:
- Norms-based screens - the screening out of securities identified under Fidelity’s existing norms-based exclusions (as set out below);
- Activity-based screens - the screening out of issuers based on their participation in activities with significant negative impacts on society or the environment, including entities that are considered to have a ‘Very Severe’ controversy using controversy screens, covering
- environmental issues,
- human rights and communities,
- labour rights and supply chain,
- customers,
- governance; and
	- PAI indicators - quantitative data (where available) on PAI indicators is used to evaluate whether an issuer is involved in activities that cause significant harm to any environmental or social objective.


Principal adverse impacts are the most significant negative impacts of investment decisions on sustainability factors relating to environmental, social and employee matters, respect for human rights, anti- corruption and anti- bribery matters.
How have the indicators for adverse impacts on sustainability factors been taken into account?
For sustainable investments, as set out above, Fidelity undertakes a quantitative evaluation to identify issuers with challenging performance on PAI indicators. Issuers with a low score will be ineligible to be ‘sustainable investments’ unless Fidelity’s fundamental research determines that the issuer is not breaching “do no significant harm” requirements or is on the path to mitigate the adverse impacts through effective management or transition.
How are the sustainable investments aligned with the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights? Details:
Norms-based screens are applied: Issuers identified as failing to behave in a way which meets their fundamental responsibilities in the areas of human rights, labour, environmental and anti-corruption as aligned with international norms including those set out by the OECD Guidelines for Multinational Enterprises, the UN Guiding Principles on Business and Human Rights, the UN Global Compact (UNGC) and the International Labour Organisation (ILO) Conventions, are not considered sustainable investments.
The EU Taxonomy sets out a “do not significant harm” principle by which Taxonomy-aligned investments should not significantly harm EU Taxonomy objectives and is accompanied by specific EU criteria.
The “do no significant harm” principle applies only to those investments underlying the financial product that take into account the EU criteria for environmentally sustainable economic activities. The investments underlying the remaining portion of this financial product do not take into account the EU criteria for environmentally sustainable economic activities.
Any other sustainable investments must also not significantly harm any environmental or social objectives.

###### Does this financial product consider principal adverse impacts on sustainability factors?
Yes
- NoConsideration of the principal adverse impacts on sustainability factors of investment decisions (referred to as principal adverse impacts) is incorporated through a variety of tools, including:
- Due Diligence - analysis of whether impacts on sustainability factors are material and negative.
- ESG rating - Fidelity references ESG ratings which incorporate consideration of material principal adverse impacts such as carbon emissions, employee safety and bribery and corruption, water management and, for sovereign issued securities, ratings used incorporate consideration of material principal adverse impacts such as carbon emissions, social violations and freedom of expression.
- Exclusions - When investing directly in corporate issuers, the fund applies the Exclusions (as defined below) to help mitigate the principal adverse impacts through excluding harmful sectors and prohibiting investment in issuers that breach international standards, such as the UNGC.
- Engagement - Fidelity uses engagement as a tool to better understand principal adverse impacts and, in some circumstances, advocate for mitigating the principal adverse impacts. Fidelity participates in relevant individual and collaborative engagements that target a number of principal adverse impacts (i.e. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Voting - Fidelity’s voting policy includes explicit minimum standards for board gender diversity and engagement with climate change for corporate issuers. Fidelity may also vote to help mitigate principal adverse impacts.
- Quarterly reviews - monitoring of principal adverse impacts through the fund’s quarterly review process.

Fidelity takes into account specific indicators for each sustainability factor when considering whether investments have a principal adverse impact. These indicators are subject to data availability and may evolve with improving data quality and availability.
Information on principal adverse impacts will be available in the annual report of the fund.
The investment strategy guides investment decisions based on factors such as investments objectives and risk tolerance.

######  What investment strategy does this financial product follow?
A minimum of 50% of the fund’s assets will be invested in securities with favourable ESG characteristics.
Favourable ESG characteristics are determined by reference to ESG ratings provided by external agencies and Fidelity ESG ratings.
In respect of its direct investment in corporate issuers, the fund is subject to:
- a firm-wide exclusions list, which includes cluster munitions and anti-personnel landmines; and
- norms-based screening of issuers which the Investment Manager considers have failed to conduct their business in accordance with international norms, including as set out in the UNGC.

The above exclusions and screens (the “Exclusions”) may be updated from time to time. Please refer to the website for further information Sustainable investing framework(fidelityinternational.com).
The Investment Manager also has discretion to implement enhanced, stricter sustainable requirements and exclusions from time to time.
What are the binding elements of the investment strategy used to select the investments to attain each of the environmental or social characteristics promoted by this financial product?
The fund will invest:
- a minimum of 50% of its assets in issuers with favourable ESG characteristics;
- a minimum of 5% in sustainable investments of which a minimum of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 1% have a social objective.

In addition, the fund will apply the Exclusions, as described above, to all direct investments in corporate issuers.
What is the committed minimum rate to reduce the scope of the investments considered prior to the application of that investment strategy?
This question is not applicable.
Good governance practices include sound management structures, employee relations, remuneration of staff and tax compliance.
What is the policy to assess good governance practices of the investee companies?
The governance practices of issuers are assessed using fundamental research, including as part of the ESG ratings provided by external agencies or Fidelity ESG ratings.
Key points that are analysed include track record of capital allocation, financial transparency, related party transactions, board independence and size, executive pay, auditors and internal oversight, minority shareholder rights, among other indicators. For sovereign issuers, factors such as corruption and freedom of expression are included.
Asset allocation describes the share of investments in specific assets.
Taxonomy-aligned activities are expressed as a share of:
- turnover reflecting the share of revenue from green activities of investee companies
- capital expenditure (CapEx) showing the green investments made by investee companies,e.g. for a transition to a green economy.

- operational expenditure (OpEx) reflecting green operational activities of investee companies.

###### 	What is the asset allocation planned for this financial product?
(#1 Aligned with E/S characteristics) The fund will invest:
- a minimum of 50% of its assets in securities of issuers with favourable ESG characteristics;
- a minimum of 5% of its assets in sustainable investments (#1A sustainable) of which a minimum of of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 1% have a social objective. The remaining sustainable investments of the fund may have an environmental or social objective.

(#1B Other E/S characteristics) Includes securities of issuers with favourable ESG characteristics but are not sustainable investments.
How does the use of derivatives attain the environmental or social characteristics promoted by the financial product?
Where the security underlying a derivative has favourable ESG characteristics in accordance with Fidelity's Sustainable Investing Framework, the derivative may be included in determining the proportion of the fund dedicated to promotion of environmental or social characteristics.
To what minimum extent are sustainable investments with an environmental objective aligned with the EU Taxonomy?
The fund invests a minimum of 0% in sustainable investments with an environmental objective aligned with the EU Taxonomy.
The compliance of the investments of the fund with the EU Taxonomy will not be subject to an assurance by auditors or a review by third parties.
The EU Taxonomy alignment of the underlying investments of the fund is measured by turnover.
Does the financial product invest in fossil gas and/or nuclear energy-related activities that comply with the EU Taxonomy¹?
- YesNo
- In fossil gas	In nuclear energyWhat is the minimum share of investments in transitional and enabling activities?

The fund invests a minimum of 0% in transitional activities and a minimum of 0% in enabling activities.
What is the minimum share of sustainable investments with an environmental objective that are not aligned with the EU Taxonomy?
The fund invests a minimum of 1% in sustainable investments with an environmental objective that is not aligned with the EU Taxonomy.
Investments could be aligned with the EU Taxonomy but the Investment Manager is not currently in a position to specify the exact proportion of the fund’s underlying investments which take into account the EU criteria for environmentally sustainable economic activities. However, the position will be kept under review as the underlying rules are finalised and the availability of reliable data increases over time.
¹Fossil gas and/or nuclear related activities will only comply with the EU Taxonomy where they contribute to limiting climate change (“climate change mitigation”) and do not significantly harm any EU Taxonomy objectives - see explanatory note in the left hand margin. The full criteria for fossil gas and nuclear energy economic activities that comply with the EU Taxonomy are laid down in Commission Delegated Regulation (EU) 2022/1214.
What is the minimum share of socially sustainable investments?
The fund invests a minimum of 1% in sustainable investments with a social objective.
What investments are included under “#2 Other”, what is their purpose and are there any minimum environmental or social safeguards?
The remaining investments of the fund will be invested in assets aligned with the financial objective of the fund, cash and cash equivalents for liquidity purposes and derivatives which may be used for investment and efficient portfolio management.
As a minimum environmental and social safeguard, the fund will adhere to the Exclusions.

###### Is a specific index designated as a reference benchmark to determine whether this financial product is aligned with the environmental and/or social characteristics that it promotes?
An index has not been designated as a reference benchmark to determine whether this financial product is aligned with the environmental or social characteristics that it promotes.
Reference benchmarks are indexes to measure whether the financial product attains the environmental or social characteristics that they promote.
How is the reference benchmark continuously aligned with each of the environmental or social characteristics promoted by the financial product?
This question is not applicable.
How is the alignment of the investment strategy with the methodology of the index ensured on a continuous basis?
This question is not applicable.
How does the designated index differ from a relevant broad market index?
This question is not applicable.
Where can the methodology used for the calculation of the designated index be found?
This question is not applicable.

###### 	Where can I find more product specific information online?
More product-specific information can be found on the website: https:/www.fidelity.lu/funds/factsheet/LU0882574303/tab-disclosure#SFDR-disclosure. 
Further information on the methodologies set out herein is available on the website: Sustainable investing framework (fidelityinternational.com).
Pre-contractual disclosure for the financial products referred to in Article 8, paragraphs 1, 2 and 2a, of Regulation (EU) 2019/2088 and Article 6, first paragraph, of Regulation (EU) 2020/852
Product name:	Legal entity identifier:
Fidelity Funds - Global Inflation-linked Bond Fund	78VTRQN40UWE9NYCJW22

###### Environmental and/or social characteristics
| Does this financial product have a sustainable investment objective? |
| --- |
|  | - Yes
 |  | No |
| - It will make a minimum of sustainable investments with an environmental objective:%
- in economic activities that qualify as environmentally sustainable under the EU Taxonomy
- in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
- It will make a minimum of sustainable investments with a social objective:%
 | - It promotes Environmental/Social (E/S) characteristics and while it does not have as its objective a sustainable investment, it will have a minimum proportion of % of sustainable investments
	- with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomy
	- with an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
	- with a social objectiveIt promotes E/S characteristics, but will not make any sustainable investments

 |

What environmental and/or social characteristics are promoted by this financial product?
Sustainability indicators measure how the environmental or social characteristics promoted by the financial product are attained.
The fund promotes environmental and social characteristics by investing in securities of issuers with favourable ESG characteristics. Favourable ESG characteristics are determined by reference to ESG ratings. ESG ratings consider environmental characteristics including carbon intensity, carbon emissions, energy efficiency, water and waste management and biodiversity, as well as social characteristics including product safety, supply chain, health and safety and human rights.
No reference benchmark has been designated for the purpose of attaining the environmental and social characteristics promoted.
What sustainability indicators are used to measure the attainment of each of the environmental or social characteristics promoted by this financial product?
The fund uses the following sustainability indicators in order to measure the attainment of the environmental or social characteristics that it promotes:
- the percentage of the fund invested in securities of issuers having favourable ESG characteristics in accordance with Fidelity’s Sustainable Investing Framework; and
- the percentage of the fund invested in securities of corporate issuers with exposure to the Exclusions (as defined below).

What are the objectives of the sustainable investments that the financial product partially intends to make and how does the sustainable investment contribute to such objectives?
This question is not applicable as the fund does not intend to make sustainable investments.
How do the sustainable investments that the financial product partially intends to make, not cause significant harm to any environmental or social sustainable investment objective?
This question is not applicable as the fund does not intend to make sustainable investments.
Principal adverse impacts are the most significant negative impacts of investment decisions on sustainability factors relating to environmental, social and employee matters, respect for human rights, anti- corruption and anti- bribery matters.
How have the indicators for adverse impacts on sustainability factors been taken into account?
This question is not applicable.
How are the sustainable investments aligned with the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights? Details:
This question is not applicable.
The EU Taxonomy sets out a “do not significant harm” principle by which Taxonomy-aligned investments should not significantly harm EU Taxonomy objectives and is accompanied by specific EU criteria.
The “do no significant harm” principle applies only to those investments underlying the financial product that take into account the EU criteria for environmentally sustainable economic activities. The investments underlying the remaining portion of this financial product do not take into account the EU criteria for environmentally sustainable economic activities.
Any other sustainable investments must also not significantly harm any environmental or social objectives.

###### Does this financial product consider principal adverse impacts on sustainability factors?
Yes
- NoConsideration of the principal adverse impacts on sustainability factors of investment decisions (referred to as principal adverse impacts) is incorporated through a variety of tools, including:
- Due Diligence - analysis of whether impacts on sustainability factors are material and negative.
- ESG rating - Fidelity references ESG ratings which incorporate consideration of material principal adverse impacts such as carbon emissions, employee safety and bribery and corruption, water management and, for sovereign issued securities, ratings used incorporate consideration of material principal adverse impacts such as carbon emissions, social violations and freedom of expression.
- Exclusions - When investing directly in corporate issuers, the fund applies the Exclusions (as defined below) to help mitigate the principal adverse impacts through excluding harmful sectors and prohibiting investment in issuers that breach international standards, such as the UNGC.
- Engagement - Fidelity uses engagement as a tool to better understand principal adverse impacts and, in some circumstances, advocate for mitigating the principal adverse impacts. Fidelity participates in relevant individual and collaborative engagements that target a number of principal adverse impacts (i.e. Climate Action 100+, Investors Against Slavery and TraffickingAPAC).
- Voting - Fidelity’s voting policy includes explicit minimum standards for board gender diversity and engagement with climate change for corporate issuers. Fidelity may also vote to help mitigate principal adverse impacts.
- Quarterly reviews - monitoring of principal adverse impacts through the fund’s quarterly review process.

Fidelity takes into account specific indicators for each sustainability factor when considering whether investments have a principal adverse impact. These indicators are subject to data availability and may evolve with improving data quality and availability.
Information on principal adverse impacts will be available in the annual report of the fund.
The investment strategy guides investment decisions based on factors such as investments objectives and risk tolerance.

######  What investment strategy does this financial product follow?
A minimum of 50% of the fund’s assets will be invested in securities with favourable ESG characteristics.
Favourable ESG characteristics are determined by reference to ESG ratings provided by external agencies and Fidelity ESG ratings.
In respect of its direct investment in corporate issuers, the fund is subject to:
- a firm-wide exclusions list, which includes cluster munitions and anti-personnel landmines; and
- norms-based screening of issuers which the Investment Manager considers have failed to conduct their business in accordance with international norms, including as set out in the UNGC.

The above exclusions and screens (the “Exclusions”) may be updated from time to time. Please refer to the website for further information Sustainable investing framework(fidelityinternational.com).
The Investment Manager also has discretion to implement enhanced, stricter sustainable requirements and exclusions from time to time.
What are the binding elements of the investment strategy used to select the investments to attain each of the environmental or social characteristics promoted by this financial product?
The fund will invest a minimum of 50% of its assets in issuers with favourable ESG characteristics.
In addition, the fund will apply the Exclusions, as described above, to all direct investments in corporate issuers.
What is the committed minimum rate to reduce the scope of the investments considered prior to the application of that investment strategy?
This question is not applicable.
Good governance practices include sound management structures, employee relations, remuneration of staff and tax compliance.
What is the policy to assess good governance practices of the investee companies?
The governance practices of issuers are assessed using fundamental research, including as part of the ESG ratings provided by external agencies or Fidelity ESG ratings.
Key points that are analysed include track record of capital allocation, financial transparency, related party transactions, board independence and size, executive pay, auditors and internal oversight, minority shareholder rights, among other indicators. For sovereign issuers, factors such as corruption and freedom of expression are included.
Asset allocation describes the share of investments in specific assets.
Taxonomy-aligned activities are expressed as a share of:
- turnover reflecting the share of revenue from green activities of investee companies
- capital expenditure (CapEx) showing the green investments made by investee companies,e.g. for a transition to a green economy.

- operational expenditure (OpEx) reflecting green operational activities of investee companies.

###### 	What is the asset allocation planned for this financial product?
(#1 Aligned with E/S characteristics) The fund will invest a minimum of 50% of its assets in securities of issuers with favourable ESG characteristics.
How does the use of derivatives attain the environmental or social characteristics promoted by the financial product?
Where the security underlying a derivative has favourable ESG characteristics in accordance with Fidelity's Sustainable Investing Framework, the derivative may be included in determining the proportion of the fund dedicated to promotion of environmental or social characteristics.
To what minimum extent are sustainable investments with an environmental objective aligned with the EU Taxonomy?
The fund invests a minimum of 0% in sustainable investments with an environmental objective aligned with the EU Taxonomy.
The compliance of the investments of the fund with the EU Taxonomy will not be subject to an assurance by auditors or a review by third parties.
The EU Taxonomy alignment of the underlying investments of the fund is measured by turnover.
Does the financial product invest in fossil gas and/or nuclear energy-related activities that comply with the EU Taxonomy¹?
- YesNo
- In fossil gas	In nuclear energy¹Fossil gas and/or nuclear related activities will only comply with the EU Taxonomy where they contribute to limiting climate change (“climate change mitigation”) and do not significantly harm any EU Taxonomy objectives - see explanatory note in the left hand margin. The full criteria for fossil gas and nuclear energy economic activities that comply with the EU Taxonomy are laid down in Commission Delegated Regulation (EU) 2022/1214.

What is the minimum share of investments in transitional and enabling activities?
The fund invests a minimum of 0% in transitional activities and a minimum of 0% in enabling activities.
What is the minimum share of sustainable investments with an environmental objective that are not aligned with the EU Taxonomy?
This question is not applicable as the fund does not intend to make sustainable investments.
What is the minimum share of socially sustainable investments?
This question is not applicable as the fund does not intend to make sustainable investments.
What investments are included under “#2 Other”, what is their purpose and are there any minimum environmental or social safeguards?
The remaining investments of the fund will be invested in assets aligned with the financial objective of the fund, cash and cash equivalents for liquidity purposes and derivatives which may be used for investment and efficient portfolio management.
As a minimum environmental and social safeguard, the fund will adhere to the Exclusions.

###### Is a specific index designated as a reference benchmark to determine whether this financial product is aligned with the environmental and/or social characteristics that it promotes?
An index has not been designated as a reference benchmark to determine whether this financial product is aligned with the environmental or social characteristics that it promotes.
Reference benchmarks are indexes to measure whether the financial product attains the environmental or social characteristics that they promote.
How is the reference benchmark continuously aligned with each of the environmental or social characteristics promoted by the financial product?
This question is not applicable.
How is the alignment of the investment strategy with the methodology of the index ensured on a continuous basis?
This question is not applicable.
How does the designated index differ from a relevant broad market index?
This question is not applicable.
Where can the methodology used for the calculation of the designated index be found?
This question is not applicable.

###### 	Where can I find more product specific information online?
More product-specific information can be found on the website: https:/www.fidelity.lu/funds/factsheet/LU0353648891/tab-disclosure#SFDR-disclosure. 
Further information on the methodologies set out herein is available on the website: Sustainable investing framework (fidelityinternational.com).
Pre-contractual disclosure for the financial products referred to in Article 8, paragraphs 1, 2 and 2a, of Regulation (EU) 2019/2088 and Article 6, first paragraph, of Regulation (EU) 2020/852
Product name:	Legal entity identifier:
Fidelity Funds - Global Short Duration Income Fund	549300DE58GK4SNQH841

###### Environmental and/or social characteristics
| Does this financial product have a sustainable investment objective? |
| --- |
|  | - Yes
 |  | No |
| - It will make a minimum of sustainable investments with an environmental objective:%
- in economic activities that qualify as environmentally sustainable under the EU Taxonomy
- in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
- It will make a minimum of sustainable investments with a social objective:%
 | It promotes Environmental/Social (E/S) characteristics and while it does not have as its objective a sustainable investment, it will have a minimum proportion of 5% of sustainable investments - with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomywith an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomywith a social objective
- It promotes E/S characteristics, but will not make any sustainable investments
 |

What environmental and/or social characteristics are promoted by this financial product?
Sustainability indicators measure how the environmental or social characteristics promoted by the financial product are attained.
The fund promotes environmental and social characteristics by investing in securities of issuers with favourable ESG characteristics. Favourable ESG characteristics are determined by reference to ESG ratings. ESG ratings consider environmental characteristics including carbon intensity, carbon emissions, energy efficiency, water and waste management and biodiversity, as well as social characteristics including product safety, supply chain, health and safety and human rights.
The fund partially intends to make sustainable investments.
No reference benchmark has been designated for the purpose of attaining the environmental and social characteristics promoted.
What sustainability indicators are used to measure the attainment of each of the environmental or social characteristics promoted by this financial product?
The fund uses the following sustainability indicators in order to measure the attainment of the environmental or social characteristics that it promotes:
- the percentage of the fund invested in securities of issuers with favourable ESG characteristics in accordance with Fidelity’s Sustainable Investing Framework;
- the percentage of the fund invested in securities of issuers with exposure to the Exclusions (as defined below);
- the percentage of the fund invested in sustainable investments;
- the percentage of the fund invested in sustainable investments with an environmental objective in economic activities (that do not qualify as environmentally sustainable under the EU Taxonomy); and
- the percentage of the fund invested in sustainable investments with a social objective.

What are the objectives of the sustainable investments that the financial product partially intends to make and how does the sustainable investment contribute to such objectives?
The fund determines a sustainable investment as an investment in securities of:
- issuers that undertake economic activities that contribute to one or more of the environmental objectives set out in the EU Taxonomy and qualify as environmentally sustainable in accordance with EU Taxonomy; or
- issuers whereby the majority of their business activities (more than 50% of revenue) contribute to environmental or social objectives aligned with one or more of the United Nations Sustainable Development Goals (“SDGs”); or
- issuers which have set a decarbonisation target consistent with a 1.5 degree warming scenario or lower (verified by the Science Based Target Initiative or a Fidelity Proprietary Climate Rating) which would be considered to contribute to environmental objectives;provided they do no significant harm, meet minimum safeguards and good governance criteria.

How do the sustainable investments that the financial product partially intends to make, not cause significant harm to any environmental or social sustainable investment objective?
Sustainable investments are screened for involvement in activities that cause significant harm and controversies, assessed through a check that the issuer meets minimum safeguards and standards that relate to principal adverse impacts (PAIs) as well as a performance on PAI metrics. This includes:
- Norms-based screens - the screening out of securities identified under Fidelity’s existing norms-based exclusions (as set out below);
- Activity-based screens - the screening out of issuers based on their participation in activities with significant negative impacts on society or the environment, including entities that are considered to have a ‘Very Severe’ controversy using controversy screens, covering
- environmental issues,
- human rights and communities,
- labour rights and supply chain,
- customers,
- governance; and
	- PAI indicators - quantitative data (where available) on PAI indicators is used to evaluate whether an issuer is involved in activities that cause significant harm to any environmental or social objective.


Principal adverse impacts are the most significant negative impacts of investment decisions on sustainability factors relating to environmental, social and employee matters, respect for human rights, anti- corruption and anti- bribery matters.
How have the indicators for adverse impacts on sustainability factors been taken into account?
For sustainable investments, as set out above, Fidelity undertakes a quantitative evaluation to identify issuers with challenging performance on PAI indicators. Issuers with a low score will be ineligible to be ‘sustainable investments’ unless Fidelity’s fundamental research determines that the issuer is not breaching “do no significant harm” requirements or is on the path to mitigate the adverse impacts through effective management or transition.
How are the sustainable investments aligned with the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights? Details:
Norms-based screens are applied: Issuers identified as failing to behave in a way which meets their fundamental responsibilities in the areas of human rights, labour, environmental and anti-corruption as aligned with international norms including those set out by the OECD Guidelines for Multinational Enterprises, the UN Guiding Principles on Business and Human Rights, the UN Global Compact (UNGC) and the International Labour Organisation (ILO) Conventions, are not considered sustainable investments.
The EU Taxonomy sets out a “do not significant harm” principle by which Taxonomy-aligned investments should not significantly harm EU Taxonomy objectives and is accompanied by specific EU criteria.
The “do no significant harm” principle applies only to those investments underlying the financial product that take into account the EU criteria for environmentally sustainable economic activities. The investments underlying the remaining portion of this financial product do not take into account the EU criteria for environmentally sustainable economic activities.
Any other sustainable investments must also not significantly harm any environmental or social objectives.

###### Does this financial product consider principal adverse impacts on sustainability factors?
Yes
- NoConsideration of the principal adverse impacts on sustainability factors of investment decisions (referred to as principal adverse impacts) is incorporated through a variety of tools, including:
- Due Diligence - analysis of whether impacts on sustainability factors are material and negative.
- ESG rating - Fidelity references ESG ratings which incorporate consideration of material principal adverse impacts such as carbon emissions, employee safety and bribery and corruption, water management and, for sovereign issued securities, ratings used incorporate consideration of material principal adverse impacts such as carbon emissions, social violations and freedom of expression.
- Exclusions - When investing directly in corporate issuers, the fund applies the Exclusions (as defined below) to help mitigate the principal adverse impacts through excluding harmful sectors and prohibiting investment in issuers that breach international standards, such as the UNGC.
- Engagement - Fidelity uses engagement as a tool to better understand principal adverse impacts and, in some circumstances, advocate for mitigating the principal adverse impacts. Fidelity participates in relevant individual and collaborative engagements that target a number of principal adverse impacts (i.e. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Voting - Fidelity’s voting policy includes explicit minimum standards for board gender diversity and engagement with climate change for corporate issuers. Fidelity may also vote to help mitigate principal adverse impacts.
- Quarterly reviews - monitoring of principal adverse impacts through the fund’s quarterly review process.

Fidelity takes into account specific indicators for each sustainability factor when considering whether investments have a principal adverse impact. These indicators are subject to data availability and may evolve with improving data quality and availability.
Information on principal adverse impacts will be available in the annual report of the fund.
The investment strategy guides investment decisions based on factors such as investments objectives and risk tolerance.

######  What investment strategy does this financial product follow?
A minimum of 50% of the fund’s assets will be invested in securities with favourable ESG characteristics.
Favourable ESG characteristics are determined by reference to ESG ratings provided by external agencies and Fidelity ESG ratings.
In respect of its direct investment in corporate issuers, the fund is subject to:
- a firm-wide exclusions list, which includes cluster munitions and anti-personnel landmines; and
- norms-based screening of issuers which the Investment Manager considers have failed to conduct their business in accordance with international norms, including as set out in the UNGC.

The above exclusions and screens (the “Exclusions”) may be updated from time to time. Please refer to the website for further information Sustainable investing framework(fidelityinternational.com).
The Investment Manager also has discretion to implement enhanced, stricter sustainable requirements and exclusions from time to time.
What are the binding elements of the investment strategy used to select the investments to attain each of the environmental or social characteristics promoted by this financial product?
The fund will invest:
- a minimum of 50% of its assets in issuers with favourable ESG characteristics;
- a minimum of 5% in sustainable investments of which a minimum of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 1% have a social objective.

In addition, the fund will apply the Exclusions, as described above, to all direct investments in corporate issuers.
What is the committed minimum rate to reduce the scope of the investments considered prior to the application of that investment strategy?
This question is not applicable.
Good governance practices include sound management structures, employee relations, remuneration of staff and tax compliance.
What is the policy to assess good governance practices of the investee companies?
The governance practices of issuers are assessed using fundamental research, including as part of the ESG ratings provided by external agencies or Fidelity ESG ratings.
Key points that are analysed include track record of capital allocation, financial transparency, related party transactions, board independence and size, executive pay, auditors and internal oversight, minority shareholder rights, among other indicators. For sovereign issuers, factors such as corruption and freedom of expression are included.
Asset allocation describes the share of investments in specific assets.
Taxonomy-aligned activities are expressed as a share of:
- turnover reflecting the share of revenue from green activities of investee companies
- capital expenditure (CapEx) showing the green investments made by investee companies,e.g. for a transition to a green economy.

- operational expenditure (OpEx) reflecting green operational activities of investee companies.

###### 	What is the asset allocation planned for this financial product?
(#1 Aligned with E/S characteristics) The fund will invest:
- a minimum of 50% of its assets in securities of issuers with favourable ESG characteristics;
- a minimum of 5% of its assets in sustainable investments (#1A sustainable) of which a minimum of of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 1% have a social objective. The remaining sustainable investments of the fund may have an environmental or social objective.

(#1B Other E/S characteristics) Includes securities of issuers with favourable ESG characteristics but are not sustainable investments.
How does the use of derivatives attain the environmental or social characteristics promoted by the financial product?
Where the security underlying a derivative has favourable ESG characteristics in accordance with Fidelity's Sustainable Investing Framework, the derivative may be included in determining the proportion of the fund dedicated to promotion of environmental or social characteristics.
To what minimum extent are sustainable investments with an environmental objective aligned with the EU Taxonomy?
The fund invests a minimum of 0% in sustainable investments with an environmental objective aligned with the EU Taxonomy.
The compliance of the investments of the fund with the EU Taxonomy will not be subject to an assurance by auditors or a review by third parties.
The EU Taxonomy alignment of the underlying investments of the fund is measured by turnover.
Does the financial product invest in fossil gas and/or nuclear energy-related activities that comply with the EU Taxonomy¹?
- YesNo
- In fossil gas	In nuclear energyWhat is the minimum share of investments in transitional and enabling activities?

The fund invests a minimum of 0% in transitional activities and a minimum of 0% in enabling activities.
What is the minimum share of sustainable investments with an environmental objective that are not aligned with the EU Taxonomy?
The fund invests a minimum of 1% in sustainable investments with an environmental objective that is not aligned with the EU Taxonomy.
Investments could be aligned with the EU Taxonomy but the Investment Manager is not currently in a position to specify the exact proportion of the fund’s underlying investments which take into account the EU criteria for environmentally sustainable economic activities. However, the position will be kept under review as the underlying rules are finalised and the availability of reliable data increases over time.
¹Fossil gas and/or nuclear related activities will only comply with the EU Taxonomy where they contribute to limiting climate change (“climate change mitigation”) and do not significantly harm any EU Taxonomy objectives - see explanatory note in the left hand margin. The full criteria for fossil gas and nuclear energy economic activities that comply with the EU Taxonomy are laid down in Commission Delegated Regulation (EU) 2022/1214.
What is the minimum share of socially sustainable investments?
The fund invests a minimum of 1% in sustainable investments with a social objective.
What investments are included under “#2 Other”, what is their purpose and are there any minimum environmental or social safeguards?
The remaining investments of the fund will be invested in assets aligned with the financial objective of the fund, cash and cash equivalents for liquidity purposes and derivatives which may be used for investment and efficient portfolio management.
As a minimum environmental and social safeguard, the fund will adhere to the Exclusions.

###### Is a specific index designated as a reference benchmark to determine whether this financial product is aligned with the environmental and/or social characteristics that it promotes?
An index has not been designated as a reference benchmark to determine whether this financial product is aligned with the environmental or social characteristics that it promotes.
Reference benchmarks are indexes to measure whether the financial product attains the environmental or social characteristics that they promote.
How is the reference benchmark continuously aligned with each of the environmental or social characteristics promoted by the financial product?
This question is not applicable.
How is the alignment of the investment strategy with the methodology of the index ensured on a continuous basis?
This question is not applicable.
How does the designated index differ from a relevant broad market index?
This question is not applicable.
Where can the methodology used for the calculation of the designated index be found?
This question is not applicable.

###### 	Where can I find more product specific information online?
More product-specific information can be found on the website: https:/www.fidelity.lu/funds/factsheet/LU0766124712/tab-disclosure#SFDR-disclosure. 
Further information on the methodologies set out herein is available on the website: Sustainable investing framework (fidelityinternational.com).
Pre-contractual disclosure for the financial products referred to in Article 8, paragraphs 1, 2 and 2a, of Regulation (EU) 2019/2088 and Article 6, first paragraph, of Regulation (EU) 2020/852
Product name:	Legal entity identifier:
Fidelity Funds - Sustainable Climate Bond Fund	549300L1AKMJ4PE06T04

###### Environmental and/or social characteristics
| Does this financial product have a sustainable investment objective? |
| --- |
|  | - Yes
 |  | No |
| - It will make a minimum of sustainable investments with an environmental objective:%
- in economic activities that qualify as environmentally sustainable under the EU Taxonomy
- in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
- It will make a minimum of sustainable investments with a social objective:%
 | It promotes Environmental/Social (E/S) characteristics and while it does not have as its objective a sustainable investment, it will have a minimum proportion of 20% of sustainable investments with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomy with an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy with a social objective - It promotes E/S characteristics, but will not make any sustainable investments
 |

What environmental and/or social characteristics are promoted by this financial product?
Sustainability indicators measure how the environmental or social characteristics promoted by the financial product are attained.
The fund promotes environmental and social characteristics by investing in securities of issuers with favourable ESG characteristics. Favourable ESG characteristics are determined by reference to ESG ratings.
The fund adopts a sustainable thematic strategy and focuses on the management of climate related risks. The strategy aims to favour issuers with the lowest carbon profiles within their sectors, encouraging a transition towards a greener environment through the selection of issuers on an improving carbon transition path, and investing in carefully selected green bond issuers. The strategy aims to be proactive in dealing with climate change through continual engagement with global corporate bond issuers.
The fund partially intends to make sustainable investments.
No reference benchmark has been designated for the purpose of attaining the environmental and social characteristics promoted.
What sustainability indicators are used to measure the attainment of each of the environmental or social characteristics promoted by this financial product?
The fund uses the following sustainability indicators in order to measure the attainment of the environmental or social characteristics that it promotes:
- the percentage of the fund invested in securities of issuers having favourable ESG characteristics in accordance with Fidelity’s Sustainable Investing Framework;
- the percentage of the fund invested in securities of issuers with exposure to the Exclusions (as defined below);
- the percentage of the fund invested in sustainable investments;
- the percentage of the fund invested in sustainable investments with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomy;
- the percentage of the fund invested in sustainable investments with an environmental objective in economic activities (that do not qualify as environmentally sustainable under the EU Taxonomy); and
- the percentage of the fund invested in sustainable investments with a social objective.

What are the objectives of the sustainable investments that the financial product partially intends to make and how does the sustainable investment contribute to such objectives?
The fund determines a sustainable investment as follows:
- issuers that undertake economic activities that contribute to one or more of the environmental objectives set out in the EU Taxonomy and qualify as environmentally sustainable in accordance with EU Taxonomy; or
- issuers whereby the majority of their business activities (more than 50% of revenue) contribute to environmental or social objectives aligned with one or more of the United Nations Sustainable Development Goals (“SDGs”); or
- issuers which have set a decarbonisation target consistent with a 1.5 degree warming scenario or lower (verified by the Science Based Target Initiative or a Fidelity Proprietary Climate Rating) which would be considered to contribute to environmental objectives;provided they do no significant harm, minimum safeguards and good governance criteria is met.

How do the sustainable investments that the financial product partially intends to make, not cause significant harm to any environmental or social sustainable investment objective?
Sustainable investments are screened for involvement in activities that cause significant harm and controversies, assessed through a check that the issuer meets minimum safeguards and standards that relate to principal adverse impacts (PAIs) as well as a performance on PAI metrics. This includes:
- Norms-based screens - the screening out of securities identified under Fidelity’s existing norms-based exclusions (as set out below);
- Activity-based screens - the screening out of issuers based on their participation in activities with significant negative impacts on society or the environment, including entities that are considered to have a ‘Very Severe’ controversy using controversy screens, covering
- environmental issues,
- human rights and communities,
- labour rights and supply chain,
- customers,
- governance; and
	- PAI indicators - quantitative data (where available) on PAI indicators is used to evaluate whether an issuer is involved in activities that cause significant harm to any environmental or social objective.


Principal adverse impacts are the most significant negative impacts of investment decisions on sustainability factors relating to environmental, social and employee matters, respect for human rights, anti- corruption and anti- bribery matters.
How have the indicators for adverse impacts on sustainability factors been taken into account?
For sustainable investments, as set out above, Fidelity has developed a quantitative scorecard that identifies entities with challenging performance on PAI indicators.
Entities with a low score will be ineligible to be ‘sustainable investments’ unless Fidelity’s fundamental research determines that the issuer is not breaching “do no significant harm” requirements, or is on the path to mitigate the adverse impacts through effective management or transition.
How are the sustainable investments aligned with the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights? Details:
Norms-based screens are applied: Issuers identified as failing to behave in a way which meets their fundamental responsibilities in the areas of human rights, labour, environmental and anti-corruption as aligned with international norms including those set out by the OECD Guidelines for Multinational Enterprises, the UN Guiding Principles on Business and Human Rights, the UN Global Compact (UNGC) and the International Labour Organisation (ILO) Conventions, are not considered sustainable investments.
The EU Taxonomy sets out a “do not significant harm” principle by which Taxonomy-aligned investments should not significantly harm EU Taxonomy objectives and is accompanied by specific EU criteria.
The “do no significant harm” principle applies only to those investments underlying the financial product that take into account the EU criteria for environmentally sustainable economic activities. The investments underlying the remaining portion of this financial product do not take into account the EU criteria for environmentally sustainable economic activities.
Any other sustainable investments must also not significantly harm any environmental or social objectives.

###### Does this financial product consider principal adverse impacts on sustainability factors?
Yes
- NoConsideration of the principal adverse impacts on sustainability factors of investment decisions (referred to as principal adverse impacts) is incorporated through a variety of tools, including:
- Due Diligence - analysis of whether impacts on sustainability factors are material and negative.
- ESG rating - Fidelity references ESG ratings which incorporate consideration of material principal adverse impacts such as carbon emissions, employee safety and bribery and corruption, water management and, for sovereign issued securities, ratings used incorporate consideration of material principal adverse impacts such as carbon emissions, social violations and freedom of expression.
- Exclusions - When investing directly in corporate issuers, the fund applies the Exclusions (as defined below) to help mitigate the principal adverse impacts through excluding harmful sectors and prohibiting investment in issuers that breach international standards, such as the UNGC.
- Engagement - Fidelity uses engagement as a tool to better understand principal adverse impacts and, in some circumstances, advocate for mitigating the principal adverse impacts. Fidelity participates in relevant individual and collaborative engagements that target a number of principal adverse impacts (i.e. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Voting - Fidelity’s voting policy includes explicit minimum standards for board gender diversity and engagement with climate change for corporate issuers. Fidelity may also vote to help mitigate principal adverse impacts.
- Quarterly reviews - monitoring of principal adverse impacts through the fund’s quarterly review process.

Fidelity takes into account specific indicators for each sustainability factor when considering whether investments have a principal adverse impact. These indicators are subject to data availability and may evolve with improving data quality and availability.
Information on principal adverse impacts will be available in the annual report of the fund.

###### What investment strategy does this financial product follow?
The investment strategy guides investment decisions based on factors such as investments objectives and risk tolerance.
The fund employs a primarily ‘thematic’ investment strategy to achieve its investment objectives, which includes investing in economic themes that are expected to contribute to a sustainable economy. In addition to theme selection, fundamental research is conducted on individual securities. As part of the research process, environmental and social governance are considered. The factors considered relevant will vary between different companies and industries and are integrated into investment decisions.
The strategy aims to favour issuers with the lowest carbon profiles within their sectors, encouraging a transition towards a greener environment through the selection of issuers on an improving carbon transition path, and investing in carefully selected green bond issuers. The strategy of the fund aims to be proactive in dealing with climate change through continual engagement with global corporate bond issuers.
The fund is part of the Fidelity Sustainable Family of funds pursuant to which a minimum of 70% of the fund’s assets will be invested in securities with favourable ESG characteristics.
Favourable ESG characteristics are determined by reference to ESG ratings provided by external agencies and Fidelity ESG ratings.
Issuers that are not assessed as having favourable ESG characteristics for the purposes of the primary objective (minimum 70% of assets) are eligible for inclusion, with up to 30% of assets, provided they are able to demonstrate that they are on an improving trajectory with respect to their ESG characteristics.
A minimum of 90% of the fund’s assets will be analysed as to whether they maintain favourable ESG characteristics.
The average ESG rating of the fund will exceed the average ESG rating of the fund’s investment universe as represented by the Bloomberg Global Aggregate Corporate Index (for the purpose of this calculation), after the exclusion of 20% of the assets with the lowest ESG ratings.
The fund will aim to have a lower carbon footprint compared to that of the broader market. In respect of its direct investments, the fund is subject to:
- a firm-wide exclusions list, which includes cluster munitions and anti-personnel landmines, and
- a principle-based screening policy which includes:
	- norms-based screening of issuers which the Investment Manager considers have failed to conduct their business in accordance with international norms, including as set out in the UNGC; and
	- negative screening of certain sectors, issuers or practices based on specific ESG criteria where revenue thresholds may be applied.


The above exclusions and screens (the “Exclusions”) may be updated from time to time. Please refer to the website for further information Sustainable investing framework(fidelityinternational.com).
The Investment Manager also has discretion to implement enhanced, stricter sustainable requirements and exclusions from time to time.
What are the binding elements of the investment strategy used to select the investments to attain each of the environmental or social characteristics promoted by this financial product?
The fund will invest:
- a minimum of 70% of its assets in issuers with favourable ESG characteristics;
- a minimum of 20% in sustainable investments of which 1% have an environmentalobjective (which is aligned with the EU Taxonomy), a minimum of 10% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 5% have a social objective.

The fund assesses the ESG characteristics of at least 90% of its assets. The average ESG rating of the fund will exceed the average ESG rating of the fund’s investment universe, as represented by the Index (as defined above), after the exclusion of 20% of the assets with the lowest ESG ratings.
In addition, the fund will systematically apply the Exclusions, as described above, to all direct investments.
What is the committed minimum rate to reduce the scope of the investments considered prior to the application of that investment strategy?
This question is not applicable.
Good governance practices include sound management structures, employee relations, remuneration of staff and tax compliance.
What is the policy to assess good governance practices of the investee companies?
The governance practices of issuers are assessed using fundamental research, including Fidelity ESG ratings data regarding controversies and UN Global Compact violations.
Key points that are analysed include track record of capital allocation, financial transparency, related party transactions, board independence and size, executive pay, auditors and internal oversight, minority shareholder rights, among other indicators. For sovereign issuers, factors such as corruption and freedom of expression are included.

###### What is the asset allocation planned for this financial product?
Asset allocation describes the share of investments in specific assets.
Taxonomy-aligned activities are expressed as a share of:
- turnover reflecting the share of revenue from green activities of investee companies
- capital expenditure (CapEx) showing the green investments made by investee companies,e.g. for a transition to a green economy.

- operational expenditure (OpEx) reflecting green operational activities of investee companies.
(#1 Aligned with E/S characteristics) The fund will invest:
- a minimum of 70% of its assets in securities of issuers with favourable ESG characteristics;
- a minimum of 20% of its assets in sustainable investments (#1A sustainable) of which a minimum of of 1% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 10% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 5% have a social objective. The remaining sustainable investments of the fund may have an environmental or social objective.

(#1B Other E/S characteristics) Includes securities of issuers with favourable ESG characteristics but are not sustainable investments.
How does the use of derivatives attain the environmental or social characteristics promoted by the financial product?
Where the security underlying a derivative has favourable ESG characteristics in accordance with Fidelity's Sustainable Investing Framework, the derivative may be included in determining the proportion of the fund dedicated to promotion of environmental or social characteristics.
To what minimum extent are sustainable investments with an environmental objective aligned with the EU Taxonomy?
The fund invests a minimum of 1% in sustainable investments with an environmental objective aligned with the EU Taxonomy.
The compliance of the investments of the fund with the EU Taxonomy will not be subject to an assurance by auditors or a review by third parties.
The EU Taxonomy alignment of the underlying investments of the fund is measured by turnover.
Does the financial product invest in fossil gas and/or nuclear energy-related activities that comply with the EU Taxonomy¹?
- YesNo
- In fossil gas	In nuclear energyWhat is the minimum share of investments in transitional and enabling activities?

The fund invests a minimum of 0% in transitional activities and a minimum of 0% in enabling activities.
What is the minimum share of sustainable investments with an environmental objective that are not aligned with the EU Taxonomy?
The fund invests a minimum of 10% in sustainable investments with an environmental objective that is not aligned with the EU Taxonomy.
Investments could be aligned with the EU Taxonomy but the Investment Manager is not currently in a position to specify the exact proportion of the fund’s underlying investments which take into account the EU criteria for environmentally sustainable economic activities. However, the position will be kept under review as the underlying rules are finalised and the availability of reliable data increases over time.
¹Fossil gas and/or nuclear related activities will only comply with the EU Taxonomy where they contribute to limiting climate change (“climate change mitigation”) and do not significantly harm any EU Taxonomy objectives - see explanatory note in the left hand margin. The full criteria for fossil gas and nuclear energy economic activities that comply with the EU Taxonomy are laid down in Commission Delegated Regulation (EU) 2022/1214.
What is the minimum share of socially sustainable investments?
The fund invests a minimum of 5% in sustainable investments with a social objective.
What investments are included under “#2 Other”, what is their purpose and are there any minimum environmental or social safeguards?
The remaining investments of the fund may be invested in securities of issuers that are able to demonstrate that they are on an improving trajectory with respect to their ESG characteristics, as well as cash and cash equivalents for liquidity purposes and derivatives which may be used for investment and efficient portfolio management.
As a minimum environmental and social safeguard, the fund will adhere to the Exclusions.

###### Is a specific index designated as a reference benchmark to determine whether this financial product is aligned with the environmental and/or social characteristics that it promotes?
An index has not been designated as a reference benchmark to determine whether this financial product is aligned with the environmental or social characteristics that it promotes.
Reference benchmarks are indexes to measure whether the financial product attains the environmental or social characteristics that they promote.
How is the reference benchmark continuously aligned with each of the environmental or social characteristics promoted by the financial product?
This question is not applicable.
How is the alignment of the investment strategy with the methodology of the index ensured on a continuous basis?
This question is not applicable.
How does the designated index differ from a relevant broad market index?
This question is not applicable.
Where can the methodology used for the calculation of the designated index be found?
This question is not applicable.

###### 	Where can I find more product specific information online?
More product-specific information can be found on the website: https:/www.fidelity.lu/funds/factsheet/LU2111945882/tab-disclosure#SFDR-disclosure. 
Further information on the methodologies set out herein is available on the website: Sustainable investing framework (fidelityinternational.com).
Pre-contractual disclosure for the financial products referred to in Article 8, paragraphs 1, 2 and 2a, of Regulation (EU) 2019/2088 and Article 6, first paragraph, of Regulation (EU) 2020/852
Product name:	Legal entity identifier:
Fidelity Funds - Sustainable Strategic Bond Fund	RL7DB442ZD11XPI58I79

###### Environmental and/or social characteristics
| Does this financial product have a sustainable investment objective? |
| --- |
|  | - Yes
 |  | No |
| - It will make a minimum of sustainable investments with an environmental objective:%
- in economic activities that qualify as environmentally sustainable under the EU Taxonomy
- in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
- It will make a minimum of sustainable investments with a social objective:%
 | It promotes Environmental/Social (E/S) characteristics and while it does not have as its objective a sustainable investment, it will have a minimum proportion of 5% of sustainable investments - with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomywith an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomywith a social objective
- It promotes E/S characteristics, but will not make any sustainable investments
 |

What environmental and/or social characteristics are promoted by this financial product?
Sustainability indicators measure how the environmental or social characteristics promoted by the financial product are attained.
The fund promotes environmental and social characteristics by investing in securities of issuers with favourable ESG characteristics. Favourable ESG characteristics are determined by reference to ESG ratings. ESG ratings consider environmental characteristics including carbon intensity, carbon emissions, energy efficiency, water and waste management and biodiversity, as well as social characteristics including product safety, supply chain, health and safety and human rights.
The fund partially intends to make sustainable investments.
No reference benchmark has been designated for the purpose of attaining the environmental and social characteristics promoted.
What sustainability indicators are used to measure the attainment of each of the environmental or social characteristics promoted by this financial product?
The fund uses the following sustainability indicators in order to measure the attainment of the environmental or social characteristics that it promotes:
- the percentage of the fund invested in securities of issuers with favourable ESG characteristics in accordance with Fidelity’s Sustainable Investing Framework;
- in respect of its direct investments, the percentage of the fund invested in securities of issuers with exposure to the Exclusions (as defined below);
- the percentage of the fund invested in sustainable investments;
- the percentage of the fund invested in sustainable investments with an environmental objective in economic activities (that do not qualify as environmentally sustainable under the EU Taxonomy); and
- the percentage of the fund invested in sustainable investments with a social objective.

What are the objectives of the sustainable investments that the financial product partially intends to make and how does the sustainable investment contribute to such objectives?
The fund determines a sustainable investment as an investment in securities of:
- issuers that undertake economic activities that contribute to one or more of the environmental objectives set out in the EU Taxonomy and qualify as environmentally sustainable in accordance with EU Taxonomy; or
- issuers whereby the majority of their business activities (more than 50% of revenue) contribute to environmental or social objectives aligned with one or more of the United Nations Sustainable Development Goals (“SDGs”); or
- issuers which have set a decarbonisation target consistent with a 1.5 degree warming scenario or lower (verified by the Science Based Target Initiative or a Fidelity Proprietary Climate Rating) which would be considered to contribute to environmental objectives;provided they do no significant harm, meet minimum safeguards and good governance criteria.

How do the sustainable investments that the financial product partially intends to make, not cause significant harm to any environmental or social sustainable investment objective?
Sustainable investments are screened for involvement in activities that cause significant harm and controversies, assessed through a check that the issuer meets minimum safeguards and standards that relate to principal adverse impacts (PAIs) as well as for performance on PAI metrics. This includes:
- Norms-based screens - the screening out of securities identified under Fidelity’s norms based screens (as set out below);
- Activity-based screens - the screening out of issuers based on their participation in activities with significant negative impacts on society or the environment, including issuers that are considered to have a ‘Very Severe’ controversy using controversy screens, covering
- environmental issues,
- human rights and communities,
- labour rights and supply chain,
- customers,
- governance; and
	- PAI indicators - quantitative data (where available) on PAI indicators is used to evaluate whether an issuer is involved in activities that cause significant harm to any environmental or social objective.


Principal adverse impacts are the most significant negative impacts of investment decisions on sustainability factors relating to environmental, social and employee matters, respect for human rights, anti- corruption and anti- bribery matters.
How have the indicators for adverse impacts on sustainability factors been taken into account?
For sustainable investments, as set out above, Fidelity undertakes a quantitative evaluation to identify issuers with challenging performance on PAI indicators. Issuers with a low score will be ineligible to be ‘sustainable investments’ unless Fidelity’s fundamental research determines that the issuer is not breaching “do no significant harm” requirements or is on the path to mitigate the adverse impacts through effective management or transition.
How are the sustainable investments aligned with the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights? Details:
Norms-based screens are applied: Issuers identified as failing to behave in a way which meets their fundamental responsibilities in the areas of human rights, labour, environmental and anti-corruption as aligned with international norms including those set out by the OECD Guidelines for Multinational Enterprises, the UN Guiding Principles on Business and Human Rights, the UN Global Compact (UNGC) and the International Labour Organisation (ILO) Conventions, are not considered sustainable investments.
The EU Taxonomy sets out a “do not significant harm” principle by which Taxonomy-aligned investments should not significantly harm EU Taxonomy objectives and is accompanied by specific EU criteria.
The “do no significant harm” principle applies only to those investments underlying the financial product that take into account the EU criteria for environmentally sustainable economic activities. The investments underlying the remaining portion of this financial product do not take into account the EU criteria for environmentally sustainable economic activities.
Any other sustainable investments must also not significantly harm any environmental or social objectives.

###### Does this financial product consider principal adverse impacts on sustainability factors?
Yes
- NoConsideration of the principal adverse impacts on sustainability factors of investment decisions (referred to as principal adverse impacts) is incorporated through a variety of tools, including:
- Due Diligence - analysis of whether impacts on sustainability factors are material and negative.
- ESG rating - Fidelity references ESG ratings which incorporate consideration of material principal adverse impacts such as carbon emissions, employee safety and bribery and corruption, water management and, for sovereign issued securities, ratings used incorporate consideration of material principal adverse impacts such as carbon emissions, social violations and freedom of expression.
- Exclusions - When investing directly in corporate issuers, the fund applies the Exclusions (as defined below) to help mitigate the principal adverse impacts through excluding harmful sectors and prohibiting investment in issuers that breach international standards, such as the UNGC.
- Engagement - Fidelity uses engagement as a tool to better understand principal adverse impacts and, in some circumstances, advocate for mitigating the principal adverse impacts. Fidelity participates in relevant individual and collaborative engagements that target a number of principal adverse impacts (i.e. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Voting - Fidelity’s voting policy includes explicit minimum standards for board gender diversity and engagement with climate change for corporate issuers. Fidelity may also vote to help mitigate principal adverse impacts.
- Quarterly reviews - monitoring of principal adverse impacts through the fund’s quarterly review process.

Fidelity takes into account specific indicators for each sustainability factor when considering whether investments have a principal adverse impact. These indicators are subject to data availability and may evolve with improving data quality and availability.
Information on principal adverse impacts will be available in the annual report of the fund.
The investment strategy guides investment decisions based on factors such as investments objectives and risk tolerance.

######  What investment strategy does this financial product follow?
The fund is part of the Fidelity Sustainable Family of funds and adopts a Sustainable Focused strategy under which a minimum of 70% of the fund’s assets will be invested in securities with favourable ESG characteristics.
Favourable ESG characteristics are determined by reference to ESG ratings provided by external agencies and Fidelity ESG ratings.
Issuers that are not assessed as having favourable ESG characteristics for the purposes of the primary objective (minimum 70% of assets) are eligible for inclusion, with up to 30% of assets, provided they are able to demonstrate that they are on an improving trajectory with respect to their ESG characteristics.
In respect of its direct investments, the fund is subject to:
- a firm-wide exclusions list, which includes cluster munitions and anti-personnel landmines; and
- a principle-based screening policy which includes:
	- norms-based screening of issuers which the Investment Manager considers have failed to conduct their business in accordance with international norms, including as set out in the UNGC; and
	- negative screening of certain sectors, issuers or practices based on specific ESG criteria where revenue thresholds may be applied.


The above exclusions and screens (the “Exclusions”) may be updated from time to time. Please refer to the website for further information Sustainable investing framework(fidelityinternational.com).
The Investment Manager also has discretion to implement enhanced, stricter sustainable requirements and exclusions from time to time.
What are the binding elements of the investment strategy used to select the investments to attain each of the environmental or social characteristics promoted by this financial product?
The fund will invest:
- a minimum of 70% of its assets in issuers with favourable ESG characteristics; and
- a minimum of 5% in sustainable investments of which a minimum of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 1% have a social objective.

In addition, the fund will systematically apply the Exclusions, as described above.
What is the committed minimum rate to reduce the scope of the investments considered prior to the application of that investment strategy?
This question is not applicable.
Good governance practices include sound management structures, employee relations, remuneration of staff and tax compliance.
What is the policy to assess good governance practices of the investee companies?
The governance practices of issuers are assessed using fundamental research, including as part of the ESG ratings provided by external agencies and Fidelity ESG ratings.
Key points that are analysed include track record of capital allocation, financial transparency, related party transactions, board independence and size, executive pay, auditors and internal oversight, minority shareholder rights, among other indicators. For sovereign issuers, factors such as corruption and freedom of expression are included.

###### What is the asset allocation planned for this financial product?
Asset allocation describes the share of investments in specific assets.
Taxonomy-aligned activities are expressed as a share of:
- turnover reflecting the share of revenue from green activities of investee companies
- capital expenditure (CapEx) showing the green investments made by investee companies,e.g. for a transition to a green economy.

- operational expenditure (OpEx) reflecting green operational activities of investee companies.
(#1 Aligned with E/S characteristics) The fund will invest:
- a minimum of 70% of its assets in securities of issuers with favourable ESG characteristics;
- a minimum of 5% of its assets in sustainable investments (#1A sustainable) of which a minimum of of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 1% have a social objective. The remaining sustainable investments of the fund may have an environmental or social objective.

(#1B Other E/S characteristics) Includes securities of issuers with favourable ESG characteristics but are not sustainable investments.
How does the use of derivatives attain the environmental or social characteristics promoted by the financial product?
Where the security underlying a derivative has favourable ESG characteristics in accordance with Fidelity's Sustainable Investing Framework, the derivative may be included in determining the proportion of the fund dedicated to promotion of environmental or social characteristics.
To what minimum extent are sustainable investments with an environmental objective aligned with the EU Taxonomy?
The fund invests a minimum of 0% in sustainable investments with an environmental objective aligned with the EU Taxonomy.
The compliance of the investments of the fund with the EU Taxonomy will not be subject to an assurance by auditors or a review by third parties.
The EU Taxonomy alignment of the underlying investments of the fund is measured by turnover.
Does the financial product invest in fossil gas and/or nuclear energy-related activities that comply with the EU Taxonomy¹?
- YesNo
- In fossil gas	In nuclear energyWhat is the minimum share of investments in transitional and enabling activities?

The fund invests a minimum of 0% in transitional activities and a minimum of 0% in enabling activities.
What is the minimum share of sustainable investments with an environmental objective that are not aligned with the EU Taxonomy?
The fund invests a minimum of 1% in sustainable investments with an environmental objective that is not aligned with the EU Taxonomy.
Investments could be aligned with the EU Taxonomy but the Investment Manager is not currently in a position to specify the exact proportion of the fund’s underlying investments which take into account the EU criteria for environmentally sustainable economic activities. However, the position will be kept under review as the underlying rules are finalised and the availability of reliable data increases over time.
¹Fossil gas and/or nuclear related activities will only comply with the EU Taxonomy where they contribute to limiting climate change (“climate change mitigation”) and do not significantly harm any EU Taxonomy objectives - see explanatory note in the left hand margin. The full criteria for fossil gas and nuclear energy economic activities that comply with the EU Taxonomy are laid down in Commission Delegated Regulation (EU) 2022/1214.
What is the minimum share of socially sustainable investments?
The fund invests a minimum of 1% in sustainable investments with a social objective.
What investments are included under “#2 Other”, what is their purpose and are there any minimum environmental or social safeguards?
The remaining investments of the fund may be invested in securities of issuers that are able to demonstrate that they are on an improving trajectory with respect to their ESG characteristics, as well as cash and cash equivalents for liquidity purposes and derivatives which may be used for investment and efficient portfolio management.
As a minimum environmental and social safeguard, the fund will adhere to the Exclusions.

###### Is a specific index designated as a reference benchmark to determine whether this financial product is aligned with the environmental and/or social characteristics that it promotes?
An index has not been designated as a reference benchmark to determine whether this financial product is aligned with the environmental or social characteristics that it promotes.
Reference benchmarks are indexes to measure whether the financial product attains the environmental or social characteristics that they promote.
How is the reference benchmark continuously aligned with each of the environmental or social characteristics promoted by the financial product?
This question is not applicable.
How is the alignment of the investment strategy with the methodology of the index ensured on a continuous basis?
This question is not applicable.
How does the designated index differ from a relevant broad market index?
This question is not applicable.
Where can the methodology used for the calculation of the designated index be found?
This question is not applicable.

###### 	Where can I find more product specific information online?
More product-specific information can be found on the website: https:/www.fidelity.lu/funds/factsheet/LU0594300849/tab-disclosure#SFDR-disclosure. 
Further information on the methodologies set out herein is available on the website: Sustainable investing framework (fidelityinternational.com).
Pre-contractual disclosure for the financial products referred to in Article 8, paragraphs 1, 2 and 2a, of Regulation (EU) 2019/2088 and Article 6, first paragraph, of Regulation (EU) 2020/852
Product name:	Legal entity identifier:
Fidelity Funds - Sustainable US High Yield Fund	549300WZ0K4FU7Y35T18

###### Environmental and/or social characteristics
| Does this financial product have a sustainable investment objective? |
| --- |
|  | - Yes
 |  | No |
| - It will make a minimum of sustainable investments with an environmental objective:%
- in economic activities that qualify as environmentally sustainable under the EU Taxonomy
- in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
- It will make a minimum of sustainable investments with a social objective:%
 | It promotes Environmental/Social (E/S) characteristics and while it does not have as its objective a sustainable investment, it will have a minimum proportion of 5% of sustainable investments - with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomywith an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomywith a social objective
- It promotes E/S characteristics, but will not make any sustainable investments
 |

What environmental and/or social characteristics are promoted by this financial product?
Sustainability indicators measure how the environmental or social characteristics promoted by the financial product are attained.
The fund promotes environmental and social characteristics by investing in securities of issuers with favourable ESG characteristics. Favourable ESG characteristics are determined by reference to ESG ratings. ESG ratings consider environmental characteristics including carbon intensity, carbon emissions, energy efficiency, water and waste management and biodiversity, as well as social characteristics including product safety, supply chain, health and safety and human rights.
The fund partially intends to make sustainable investments.
No reference benchmark has been designated for the purpose of attaining the environmental and social characteristics promoted.
What sustainability indicators are used to measure the attainment of each of the environmental or social characteristics promoted by this financial product?
The fund uses the following sustainability indicators in order to measure the attainment of the environmental or social characteristics that it promotes:
- the percentage of the fund invested in securities of issuers with favourable ESG characteristics in accordance with Fidelity’s Sustainable Investing Framework;
- in respect of its direct investments, the percentage of the fund invested in securities of issuers with exposure to the Exclusions (as defined below);
- the percentage of the fund invested in sustainable investments;
- the percentage of the fund invested in sustainable investments with an environmental objective in economic activities (that do not qualify as environmentally sustainable under the EU Taxonomy); and
- the percentage of the fund invested in sustainable investments with a social objective.

What are the objectives of the sustainable investments that the financial product partially intends to make and how does the sustainable investment contribute to such objectives?
The fund determines a sustainable investment as an investment in securities of:
- issuers that undertake economic activities that contribute to one or more of the environmental objectives set out in the EU Taxonomy and qualify as environmentally sustainable in accordance with EU Taxonomy; or
- issuers whereby the majority of their business activities (more than 50% of revenue) contribute to environmental or social objectives aligned with one or more of the United Nations Sustainable Development Goals (“SDGs”); or
- issuers which have set a decarbonisation target consistent with a 1.5 degree warming scenario or lower (verified by the Science Based Target Initiative or a Fidelity Proprietary Climate Rating) which would be considered to contribute to environmental objectives;provided they do no significant harm, meet minimum safeguards and good governance criteria.

How do the sustainable investments that the financial product partially intends to make, not cause significant harm to any environmental or social sustainable investment objective?
Sustainable investments are screened for involvement in activities that cause significant harm and controversies, assessed through a check that the issuer meets minimum safeguards and standards that relate to principal adverse impacts (PAIs) as well as for performance on PAI metrics. This includes:
- Norms-based screens - the screening out of securities identified under Fidelity’s norms based screens (as set out below);
- Activity-based screens - the screening out of issuers based on their participation in activities with significant negative impacts on society or the environment, including issuers that are considered to have a ‘Very Severe’ controversy using controversy screens, covering
- environmental issues,
- human rights and communities,
- labour rights and supply chain,
- customers,
- governance; and
	- PAI indicators - quantitative data (where available) on PAI indicators is used to evaluate whether an issuer is involved in activities that cause significant harm to any environmental or social objective.


Principal adverse impacts are the most significant negative impacts of investment decisions on sustainability factors relating to environmental, social and employee matters, respect for human rights, anti- corruption and anti- bribery matters.
How have the indicators for adverse impacts on sustainability factors been taken into account?
For sustainable investments, as set out above, Fidelity undertakes a quantitative evaluation to identify issuers with challenging performance on PAI indicators. Issuers with a low score will be ineligible to be ‘sustainable investments’ unless Fidelity’s fundamental research determines that the issuer is not breaching “do no significant harm” requirements or is on the path to mitigate the adverse impacts through effective management or transition.
How are the sustainable investments aligned with the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights? Details:
Norms-based screens are applied: Issuers identified as failing to behave in a way which meets their fundamental responsibilities in the areas of human rights, labour, environmental and anti-corruption as aligned with international norms including those set out by the OECD Guidelines for Multinational Enterprises, the UN Guiding Principles on Business and Human Rights, the UN Global Compact (UNGC) and the International Labour Organisation (ILO) Conventions, are not considered sustainable investments.
The EU Taxonomy sets out a “do not significant harm” principle by which Taxonomy-aligned investments should not significantly harm EU Taxonomy objectives and is accompanied by specific EU criteria.
The “do no significant harm” principle applies only to those investments underlying the financial product that take into account the EU criteria for environmentally sustainable economic activities. The investments underlying the remaining portion of this financial product do not take into account the EU criteria for environmentally sustainable economic activities.
Any other sustainable investments must also not significantly harm any environmental or social objectives.

###### Does this financial product consider principal adverse impacts on sustainability factors?
Yes
- NoConsideration of the principal adverse impacts on sustainability factors of investment decisions (referred to as principal adverse impacts) is incorporated through a variety of tools, including:
- Due Diligence - analysis of whether impacts on sustainability factors are material and negative.
- ESG rating - Fidelity references ESG ratings which incorporate consideration of material principal adverse impacts such as carbon emissions, employee safety and bribery and corruption, water management and, for sovereign issued securities, ratings used incorporate consideration of material principal adverse impacts such as carbon emissions, social violations and freedom of expression.
- Exclusions - When investing directly in corporate issuers, the fund applies the Exclusions (as defined below) to help mitigate the principal adverse impacts through excluding harmful sectors and prohibiting investment in issuers that breach international standards, such as the UNGC.
- Engagement - Fidelity uses engagement as a tool to better understand principal adverse impacts and, in some circumstances, advocate for mitigating the principal adverse impacts. Fidelity participates in relevant individual and collaborative engagements that target a number of principal adverse impacts (i.e. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Voting - Fidelity’s voting policy includes explicit minimum standards for board gender diversity and engagement with climate change for corporate issuers. Fidelity may also vote to help mitigate principal adverse impacts.
- Quarterly reviews - monitoring of principal adverse impacts through the fund’s quarterly review process.

Fidelity takes into account specific indicators for each sustainability factor when considering whether investments have a principal adverse impact. These indicators are subject to data availability and may evolve with improving data quality and availability.
Information on principal adverse impacts will be available in the annual report of the fund.
The investment strategy guides investment decisions based on factors such as investments objectives and risk tolerance.

######  What investment strategy does this financial product follow?
The fund is part of the Fidelity Sustainable Family of funds and adopts a Sustainable Focused strategy under which a minimum of 70% of the fund’s assets will be invested in securities with favourable ESG characteristics.
Favourable ESG characteristics are determined by reference to ESG ratings provided by external agencies and Fidelity ESG ratings.
Issuers that are not assessed as having favourable ESG characteristics for the purposes of the primary objective (minimum 70% of assets) are eligible for inclusion, with up to 30% of assets, provided they are able to demonstrate that they are on an improving trajectory with respect to their ESG characteristics.
The average ESG rating of the fund will exceed the average ESG rating of the fund’s investment universe as represented by the ICE B0fA US High Yield Constrained Index (for the purpose of this calculation), after the exclusion of 20% of the assets with the lowest ESG ratings.
In respect of its direct investments, the fund is subject to:
- a firm-wide exclusions list, which includes cluster munitions and anti-personnel landmines; and
- a principle-based screening policy which includes:
	- norms-based screening of issuers which the Investment Manager considers have failed to conduct their business in accordance with international norms, including as set out in the UNGC; and
	- negative screening of certain sectors, issuers or practices based on specific ESG criteria where revenue thresholds may be applied.


The above exclusions and screens (the “Exclusions”) may be updated from time to time. Please refer to the website for further information Sustainable investing framework(fidelityinternational.com).
The Investment Manager also has discretion to implement enhanced, stricter sustainable requirements and exclusions from time to time.
What are the binding elements of the investment strategy used to select the investments to attain each of the environmental or social characteristics promoted by this financial product?
The fund will invest:
- a minimum of 70% of its assets in issuers with favourable ESG characteristics; and
- a minimum of 5% in sustainable investments of which a minimum of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 1% have a social objective.

The fund assesses the ESG characteristics of at least 90% of its assets. The average ESG rating of the fund will exceed the average ESG rating of the fund’s investment universe, as represented by the Index (as defined above), after the exclusion of 20% of the assets with the lowest ESG ratings.
In addition, the fund will systematically apply the Exclusions, as described above.
What is the committed minimum rate to reduce the scope of the investments considered prior to the application of that investment strategy?
This question is not applicable.
Good governance practices include sound management structures, employee relations, remuneration of staff and tax compliance.
What is the policy to assess good governance practices of the investee companies?
The governance practices of issuers are assessed using fundamental research, including as part of the ESG ratings provided by external agencies and Fidelity ESG ratings.
Key points that are analysed include track record of capital allocation, financial transparency, related party transactions, board independence and size, executive pay, auditors and internal oversight, minority shareholder rights, among other indicators. For sovereign issuers, factors such as corruption and freedom of expression are included.

###### What is the asset allocation planned for this financial product?
Asset allocation describes the share of investments in specific assets.
Taxonomy-aligned activities are expressed as a share of:
- turnover reflecting the share of revenue from green activities of investee companies
- capital expenditure (CapEx) showing the green investments made by investee companies,e.g. for a transition to a green economy.

- operational expenditure (OpEx) reflecting green operational activities of investee companies.
(#1 Aligned with E/S characteristics) The fund will invest:
- a minimum of 70% of its assets in securities of issuers with favourable ESG characteristics;
- a minimum of 5% of its assets in sustainable investments (#1A sustainable) of which a minimum of of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 1% have a social objective. The remaining sustainable investments of the fund may have an environmental or social objective.

(#1B Other E/S characteristics) Includes securities of issuers with favourable ESG characteristics but are not sustainable investments.
How does the use of derivatives attain the environmental or social characteristics promoted by the financial product?
Where the security underlying a derivative has favourable ESG characteristics in accordance with Fidelity's Sustainable Investing Framework, the derivative may be included in determining the proportion of the fund dedicated to promotion of environmental or social characteristics.
To what minimum extent are sustainable investments with an environmental objective aligned with the EU Taxonomy?
The fund invests a minimum of 0% in sustainable investments with an environmental objective aligned with the EU Taxonomy.
The compliance of the investments of the fund with the EU Taxonomy will not be subject to an assurance by auditors or a review by third parties.
The EU Taxonomy alignment of the underlying investments of the fund is measured by turnover.
Does the financial product invest in fossil gas and/or nuclear energy-related activities that comply with the EU Taxonomy¹?
- YesNo
- In fossil gas	In nuclear energyWhat is the minimum share of investments in transitional and enabling activities?

The fund invests a minimum of 0% in transitional activities and a minimum of 0% in enabling activities.
What is the minimum share of sustainable investments with an environmental objective that are not aligned with the EU Taxonomy?
The fund invests a minimum of 1% in sustainable investments with an environmental objective that is not aligned with the EU Taxonomy.
Investments could be aligned with the EU Taxonomy but the Investment Manager is not currently in a position to specify the exact proportion of the fund’s underlying investments which take into account the EU criteria for environmentally sustainable economic activities. However, the position will be kept under review as the underlying rules are finalised and the availability of reliable data increases over time.
¹Fossil gas and/or nuclear related activities will only comply with the EU Taxonomy where they contribute to limiting climate change (“climate change mitigation”) and do not significantly harm any EU Taxonomy objectives - see explanatory note in the left hand margin. The full criteria for fossil gas and nuclear energy economic activities that comply with the EU Taxonomy are laid down in Commission Delegated Regulation (EU) 2022/1214.
What is the minimum share of socially sustainable investments?
The fund invests a minimum of 1% in sustainable investments with a social objective.
What investments are included under “#2 Other”, what is their purpose and are there any minimum environmental or social safeguards?
The remaining investments of the fund may be invested in securities of issuers that are able to demonstrate that they are on an improving trajectory with respect to their ESG characteristics, as well as cash and cash equivalents for liquidity purposes and derivatives which may be used for investment and efficient portfolio management.
As a minimum environmental and social safeguard, the fund will adhere to the Exclusions.

###### Is a specific index designated as a reference benchmark to determine whether this financial product is aligned with the environmental and/or social characteristics that it promotes?
An index has not been designated as a reference benchmark to determine whether this financial product is aligned with the environmental or social characteristics that it promotes.
Reference benchmarks are indexes to measure whether the financial product attains the environmental or social characteristics that they promote.
How is the reference benchmark continuously aligned with each of the environmental or social characteristics promoted by the financial product?
This question is not applicable.
How is the alignment of the investment strategy with the methodology of the index ensured on a continuous basis?
This question is not applicable.
How does the designated index differ from a relevant broad market index?
This question is not applicable.
Where can the methodology used for the calculation of the designated index be found?
This question is not applicable.

###### 	Where can I find more product specific information online?
More product-specific information can be found on the website: https:/www.fidelity.lu/funds/factsheet/LU1668667667/tab-disclosure#SFDR-disclosure. 
Further information on the methodologies set out herein is available on the website: Sustainable investing framework (fidelityinternational.com).
Pre-contractual disclosure for the financial products referred to in Article 8, paragraphs 1, 2 and 2a, of Regulation (EU) 2019/2088 and Article 6, first paragraph, of Regulation (EU) 2020/852
Product name:	Legal entity identifier:
Fidelity Funds - US Dollar Bond Fund	757QSNCIZ38KH0VOQ986

###### Environmental and/or social characteristics
| Does this financial product have a sustainable investment objective? |
| --- |
|  | - Yes
 |  | No |
| - It will make a minimum of sustainable investments with an environmental objective:%
- in economic activities that qualify as environmentally sustainable under the EU Taxonomy
- in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
- It will make a minimum of sustainable investments with a social objective:%
 | It promotes Environmental/Social (E/S) characteristics and while it does not have as its objective a sustainable investment, it will have a minimum proportion of 2.5% of sustainable investments - with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomywith an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomywith a social objective
- It promotes E/S characteristics, but will not make any sustainable investments
 |

What environmental and/or social characteristics are promoted by this financial product?
Sustainability indicators measure how the environmental or social characteristics promoted by the financial product are attained.
The fund promotes environmental and social characteristics by investing in securities of issuers with favourable ESG characteristics. Favourable ESG characteristics are determined by reference to ESG ratings. ESG ratings consider environmental characteristics including carbon intensity, carbon emissions, energy efficiency, water and waste management and biodiversity, as well as social characteristics including product safety, supply chain, health and safety and human rights.
The fund partially intends to make sustainable investments.
No reference benchmark has been designated for the purpose of attaining the environmental and social characteristics promoted.
What sustainability indicators are used to measure the attainment of each of the environmental or social characteristics promoted by this financial product?
The fund uses the following sustainability indicators in order to measure the attainment of the environmental or social characteristics that it promotes:
- the percentage of the fund invested in securities of issuers with favourable ESG characteristics in accordance with Fidelity’s Sustainable Investing Framework;
- the percentage of the fund invested in securities of issuers with exposure to the Exclusions (as defined below);
- the percentage of the fund invested in sustainable investments;
- the percentage of the fund invested in sustainable investments with an environmental objective in economic activities (that do not qualify as environmentally sustainable under the EU Taxonomy); and
- the percentage of the fund invested in sustainable investments with a social objective.

What are the objectives of the sustainable investments that the financial product partially intends to make and how does the sustainable investment contribute to such objectives?
The fund determines a sustainable investment as an investment in securities of:
- issuers that undertake economic activities that contribute to one or more of the environmental objectives set out in the EU Taxonomy and qualify as environmentally sustainable in accordance with EU Taxonomy; or
- issuers whereby the majority of their business activities (more than 50% of revenue) contribute to environmental or social objectives aligned with one or more of the United Nations Sustainable Development Goals (“SDGs”); or
- issuers which have set a decarbonisation target consistent with a 1.5 degree warming scenario or lower (verified by the Science Based Target Initiative or a Fidelity Proprietary Climate Rating) which would be considered to contribute to environmental objectives;provided they do no significant harm, meet minimum safeguards and good governance criteria.

How do the sustainable investments that the financial product partially intends to make, not cause significant harm to any environmental or social sustainable investment objective?
Sustainable investments are screened for involvement in activities that cause significant harm and controversies, assessed through a check that the issuer meets minimum safeguards and standards that relate to principal adverse impacts (PAIs) as well as a performance on PAI metrics. This includes:
- Norms-based screens - the screening out of securities identified under Fidelity’s existing norms-based exclusions (as set out below);
- Activity-based screens - the screening out of issuers based on their participation in activities with significant negative impacts on society or the environment, including entities that are considered to have a ‘Very Severe’ controversy using controversy screens, covering
- environmental issues,
- human rights and communities,
- labour rights and supply chain,
- customers,
- governance; and
	- PAI indicators - quantitative data (where available) on PAI indicators is used to evaluate whether an issuer is involved in activities that cause significant harm to any environmental or social objective.


Principal adverse impacts are the most significant negative impacts of investment decisions on sustainability factors relating to environmental, social and employee matters, respect for human rights, anti- corruption and anti- bribery matters.
How have the indicators for adverse impacts on sustainability factors been taken into account?
For sustainable investments, as set out above, Fidelity undertakes a quantitative evaluation to identify issuers with challenging performance on PAI indicators. Issuers with a low score will be ineligible to be ‘sustainable investments’ unless Fidelity’s fundamental research determines that the issuer is not breaching “do no significant harm” requirements or is on the path to mitigate the adverse impacts through effective management or transition.
How are the sustainable investments aligned with the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights? Details:
Norms-based screens are applied: Issuers identified as failing to behave in a way which meets their fundamental responsibilities in the areas of human rights, labour, environmental and anti-corruption as aligned with international norms including those set out by the OECD Guidelines for Multinational Enterprises, the UN Guiding Principles on Business and Human Rights, the UN Global Compact (UNGC) and the International Labour Organisation (ILO) Conventions, are not considered sustainable investments.
The EU Taxonomy sets out a “do not significant harm” principle by which Taxonomy-aligned investments should not significantly harm EU Taxonomy objectives and is accompanied by specific EU criteria.
The “do no significant harm” principle applies only to those investments underlying the financial product that take into account the EU criteria for environmentally sustainable economic activities. The investments underlying the remaining portion of this financial product do not take into account the EU criteria for environmentally sustainable economic activities.
Any other sustainable investments must also not significantly harm any environmental or social objectives.

###### Does this financial product consider principal adverse impacts on sustainability factors?
Yes
- NoConsideration of the principal adverse impacts on sustainability factors of investment decisions (referred to as principal adverse impacts) is incorporated through a variety of tools, including:
- Due Diligence - analysis of whether impacts on sustainability factors are material and negative.
- ESG rating - Fidelity references ESG ratings which incorporate consideration of material principal adverse impacts such as carbon emissions, employee safety and bribery and corruption, water management and, for sovereign issued securities, ratings used incorporate consideration of material principal adverse impacts such as carbon emissions, social violations and freedom of expression.
- Exclusions - When investing directly in corporate issuers, the fund applies the Exclusions (as defined below) to help mitigate the principal adverse impacts through excluding harmful sectors and prohibiting investment in issuers that breach international standards, such as the UNGC.
- Engagement - Fidelity uses engagement as a tool to better understand principal adverse impacts and, in some circumstances, advocate for mitigating the principal adverse impacts. Fidelity participates in relevant individual and collaborative engagements that target a number of principal adverse impacts (i.e. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Voting - Fidelity’s voting policy includes explicit minimum standards for board gender diversity and engagement with climate change for corporate issuers. Fidelity may also vote to help mitigate principal adverse impacts.
- Quarterly reviews - monitoring of principal adverse impacts through the fund’s quarterly review process.

Fidelity takes into account specific indicators for each sustainability factor when considering whether investments have a principal adverse impact. These indicators are subject to data availability and may evolve with improving data quality and availability.
Information on principal adverse impacts will be available in the annual report of the fund.
The investment strategy guides investment decisions based on factors such as investments objectives and risk tolerance.

######  What investment strategy does this financial product follow?
A minimum of 50% of the fund’s assets will be invested in securities with favourable ESG characteristics.
Favourable ESG characteristics are determined by reference to ESG ratings provided by external agencies and Fidelity ESG ratings.
In respect of its direct investment in corporate issuers, the fund is subject to:
- a firm-wide exclusions list, which includes cluster munitions and anti-personnel landmines; and
- norms-based screening of issuers which the Investment Manager considers have failed to conduct their business in accordance with international norms, including as set out in the UNGC.

The above exclusions and screens (the “Exclusions”) may be updated from time to time. Please refer to the website for further information Sustainable investing framework(fidelityinternational.com).
The Investment Manager also has discretion to implement enhanced, stricter sustainable requirements and exclusions from time to time.
What are the binding elements of the investment strategy used to select the investments to attain each of the environmental or social characteristics promoted by this financial product?
The fund will invest:
- a minimum of 50% of its assets in issuers with favourable ESG characteristics;
- a minimum of 2.5% in sustainable investments of which a minimum of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 1% have a social objective.

In addition, the fund will apply the Exclusions, as described above, to all direct investments in corporate issuers.
What is the committed minimum rate to reduce the scope of the investments considered prior to the application of that investment strategy?
This question is not applicable.
Good governance practices include sound management structures, employee relations, remuneration of staff and tax compliance.
What is the policy to assess good governance practices of the investee companies?
The governance practices of issuers are assessed using fundamental research, including as part of the ESG ratings provided by external agencies or Fidelity ESG ratings.
Key points that are analysed include track record of capital allocation, financial transparency, related party transactions, board independence and size, executive pay, auditors and internal oversight, minority shareholder rights, among other indicators. For sovereign issuers, factors such as corruption and freedom of expression are included.
Asset allocation describes the share of investments in specific assets.
Taxonomy-aligned activities are expressed as a share of:
- turnover reflecting the share of revenue from green activities of investee companies
- capital expenditure (CapEx) showing the green investments made by investee companies,e.g. for a transition to a green economy.

- operational expenditure (OpEx) reflecting green operational activities of investee companies.

###### 	What is the asset allocation planned for this financial product?
(#1 Aligned with E/S characteristics) The fund will invest:
- a minimum of 50% of its assets in securities of issuers with favourable ESG characteristics;
- a minimum of 2.5% of its assets in sustainable investments (#1A sustainable) of whicha minimum of of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 1% have a social objective. The remaining sustainable investments of the fund may have an environmental or social objective.

(#1B Other E/S characteristics) Includes securities of issuers with favourable ESG characteristics but are not sustainable investments.
How does the use of derivatives attain the environmental or social characteristics promoted by the financial product?
Where the security underlying a derivative has favourable ESG characteristics in accordance with Fidelity's Sustainable Investing Framework, the derivative may be included in determining the proportion of the fund dedicated to promotion of environmental or social characteristics.
To what minimum extent are sustainable investments with an environmental objective aligned with the EU Taxonomy?
The fund invests a minimum of 0% in sustainable investments with an environmental objective aligned with the EU Taxonomy.
The compliance of the investments of the fund with the EU Taxonomy will not be subject to an assurance by auditors or a review by third parties.
The EU Taxonomy alignment of the underlying investments of the fund is measured by turnover.
Does the financial product invest in fossil gas and/or nuclear energy-related activities that comply with the EU Taxonomy¹?
- YesNo
- In fossil gas	In nuclear energyWhat is the minimum share of investments in transitional and enabling activities?

The fund invests a minimum of 0% in transitional activities and a minimum of 0% in enabling activities.
What is the minimum share of sustainable investments with an environmental objective that are not aligned with the EU Taxonomy?
The fund invests a minimum of 1% in sustainable investments with an environmental objective that is not aligned with the EU Taxonomy.
Investments could be aligned with the EU Taxonomy but the Investment Manager is not currently in a position to specify the exact proportion of the fund’s underlying investments which take into account the EU criteria for environmentally sustainable economic activities. However, the position will be kept under review as the underlying rules are finalised and the availability of reliable data increases over time.
¹Fossil gas and/or nuclear related activities will only comply with the EU Taxonomy where they contribute to limiting climate change (“climate change mitigation”) and do not significantly harm any EU Taxonomy objectives - see explanatory note in the left hand margin. The full criteria for fossil gas and nuclear energy economic activities that comply with the EU Taxonomy are laid down in Commission Delegated Regulation (EU) 2022/1214.
What is the minimum share of socially sustainable investments?
The fund invests a minimum of 1% in sustainable investments with a social objective.
What investments are included under “#2 Other”, what is their purpose and are there any minimum environmental or social safeguards?
The remaining investments of the fund will be invested in assets aligned with the financial objective of the fund, cash and cash equivalents for liquidity purposes and derivatives which may be used for investment and efficient portfolio management.
As a minimum environmental and social safeguard, the fund will adhere to the Exclusions.

###### Is a specific index designated as a reference benchmark to determine whether this financial product is aligned with the environmental and/or social characteristics that it promotes?
An index has not been designated as a reference benchmark to determine whether this financial product is aligned with the environmental or social characteristics that it promotes.
Reference benchmarks are indexes to measure whether the financial product attains the environmental or social characteristics that they promote.
How is the reference benchmark continuously aligned with each of the environmental or social characteristics promoted by the financial product?
This question is not applicable.
How is the alignment of the investment strategy with the methodology of the index ensured on a continuous basis?
This question is not applicable.
How does the designated index differ from a relevant broad market index?
This question is not applicable.
Where can the methodology used for the calculation of the designated index be found?
This question is not applicable.

###### 	Where can I find more product specific information online?
More product-specific information can be found on the website: https:/www.fidelity.lu/funds/factsheet/LU0261947682/tab-disclosure#SFDR-disclosure. 
Further information on the methodologies set out herein is available on the website: Sustainable investing framework (fidelityinternational.com).
Pre-contractual disclosure for the financial products referred to in Article 8, paragraphs 1, 2 and 2a, of Regulation (EU) 2019/2088 and Article 6, first paragraph, of Regulation (EU) 2020/852
Product name:	Legal entity identifier:
Fidelity Funds - Euro Bond Fund	5493001EOTLEJOW4P129

###### Environmental and/or social characteristics
| Does this financial product have a sustainable investment objective? |
| --- |
|  | - Yes
 |  | No |
| - It will make a minimum of sustainable investments with an environmental objective:%
- in economic activities that qualify as environmentally sustainable under the EU Taxonomy
- in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
- It will make a minimum of sustainable investments with a social objective:%
 | It promotes Environmental/Social (E/S) characteristics and while it does not have as its objective a sustainable investment, it will have a minimum proportion of 2.5% of sustainable investments - with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomywith an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomywith a social objective
- It promotes E/S characteristics, but will not make any sustainable investments
 |

What environmental and/or social characteristics are promoted by this financial product?
Sustainability indicators measure how the environmental or social characteristics promoted by the financial product are attained.
The fund promotes environmental and social characteristics by investing in securities of issuers with favourable ESG characteristics. Favourable ESG characteristics are determined by reference to ESG ratings. ESG ratings consider environmental characteristics including carbon intensity, carbon emissions, energy efficiency, water and waste management and biodiversity, as well as social characteristics including product safety, supply chain, health and safety and human rights.
The fund partially intends to make sustainable investments.
No reference benchmark has been designated for the purpose of attaining the environmental and social characteristics promoted.
What sustainability indicators are used to measure the attainment of each of the environmental or social characteristics promoted by this financial product?
The fund uses the following sustainability indicators in order to measure the attainment of the environmental or social characteristics that it promotes:
- the percentage of the fund invested in securities of issuers with favourable ESG characteristics in accordance with Fidelity’s Sustainable Investing Framework;
- the percentage of the fund invested in securities of issuers with exposure to the Exclusions (as defined below);
- the percentage of the fund invested in sustainable investments;
- the percentage of the fund invested in sustainable investments with an environmental objective in economic activities (that do not qualify as environmentally sustainable under the EU Taxonomy); and
- the percentage of the fund invested in sustainable investments with a social objective.

What are the objectives of the sustainable investments that the financial product partially intends to make and how does the sustainable investment contribute to such objectives?
The fund determines a sustainable investment as an investment in securities of:
- issuers that undertake economic activities that contribute to one or more of the environmental objectives set out in the EU Taxonomy and qualify as environmentally sustainable in accordance with EU Taxonomy; or
- issuers whereby the majority of their business activities (more than 50% of revenue) contribute to environmental or social objectives aligned with one or more of the United Nations Sustainable Development Goals (“SDGs”); or
- issuers which have set a decarbonisation target consistent with a 1.5 degree warming scenario or lower (verified by the Science Based Target Initiative or a Fidelity Proprietary Climate Rating) which would be considered to contribute to environmental objectives;provided they do no significant harm, meet minimum safeguards and good governance criteria.

How do the sustainable investments that the financial product partially intends to make, not cause significant harm to any environmental or social sustainable investment objective?
Sustainable investments are screened for involvement in activities that cause significant harm and controversies, assessed through a check that the issuer meets minimum safeguards and standards that relate to principal adverse impacts (PAIs) as well as a performance on PAI metrics. This includes:
- Norms-based screens - the screening out of securities identified under Fidelity’s existing norms-based exclusions (as set out below);
- Activity-based screens - the screening out of issuers based on their participation in activities with significant negative impacts on society or the environment, including entities that are considered to have a ‘Very Severe’ controversy using controversy screens, covering
- environmental issues,
- human rights and communities,
- labour rights and supply chain,
- customers,
- governance; and
	- PAI indicators - quantitative data (where available) on PAI indicators is used to evaluate whether an issuer is involved in activities that cause significant harm to any environmental or social objective.


Principal adverse impacts are the most significant negative impacts of investment decisions on sustainability factors relating to environmental, social and employee matters, respect for human rights, anti- corruption and anti- bribery matters.
How have the indicators for adverse impacts on sustainability factors been taken into account?
For sustainable investments, as set out above, Fidelity undertakes a quantitative evaluation to identify issuers with challenging performance on PAI indicators. Issuers with a low score will be ineligible to be ‘sustainable investments’ unless Fidelity’s fundamental research determines that the issuer is not breaching “do no significant harm” requirements or is on the path to mitigate the adverse impacts through effective management or transition.
How are the sustainable investments aligned with the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights? Details:
Norms-based screens are applied: Issuers identified as failing to behave in a way which meets their fundamental responsibilities in the areas of human rights, labour, environmental and anti-corruption as aligned with international norms including those set out by the OECD Guidelines for Multinational Enterprises, the UN Guiding Principles on Business and Human Rights, the UN Global Compact (UNGC) and the International Labour Organisation (ILO) Conventions, are not considered sustainable investments.
The EU Taxonomy sets out a “do not significant harm” principle by which Taxonomy-aligned investments should not significantly harm EU Taxonomy objectives and is accompanied by specific EU criteria.
The “do no significant harm” principle applies only to those investments underlying the financial product that take into account the EU criteria for environmentally sustainable economic activities. The investments underlying the remaining portion of this financial product do not take into account the EU criteria for environmentally sustainable economic activities.
Any other sustainable investments must also not significantly harm any environmental or social objectives.

###### Does this financial product consider principal adverse impacts on sustainability factors?
Yes
- NoConsideration of the principal adverse impacts on sustainability factors of investment decisions (referred to as principal adverse impacts) is incorporated through a variety of tools, including:
- Due Diligence - analysis of whether impacts on sustainability factors are material and negative.
- ESG rating - Fidelity references ESG ratings which incorporate consideration of material principal adverse impacts such as carbon emissions, employee safety and bribery and corruption, water management and, for sovereign issued securities, ratings used incorporate consideration of material principal adverse impacts such as carbon emissions, social violations and freedom of expression.
- Exclusions - When investing directly in corporate issuers, the fund applies the Exclusions (as defined below) to help mitigate the principal adverse impacts through excluding harmful sectors and prohibiting investment in issuers that breach international standards, such as the UNGC.
- Engagement - Fidelity uses engagement as a tool to better understand principal adverse impacts and, in some circumstances, advocate for mitigating the principal adverse impacts. Fidelity participates in relevant individual and collaborative engagements that target a number of principal adverse impacts (i.e. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Voting - Fidelity’s voting policy includes explicit minimum standards for board gender diversity and engagement with climate change for corporate issuers. Fidelity may also vote to help mitigate principal adverse impacts.
- Quarterly reviews - monitoring of principal adverse impacts through the fund’s quarterly review process.

Fidelity takes into account specific indicators for each sustainability factor when considering whether investments have a principal adverse impact. These indicators are subject to data availability and may evolve with improving data quality and availability.
Information on principal adverse impacts will be available in the annual report of the fund.
The investment strategy guides investment decisions based on factors such as investments objectives and risk tolerance.

######  What investment strategy does this financial product follow?
A minimum of 50% of the fund’s assets will be invested in securities with favourable ESG characteristics.
Favourable ESG characteristics are determined by reference to ESG ratings provided by external agencies and Fidelity ESG ratings.
In respect of its direct investment in corporate issuers, the fund is subject to:
- a firm-wide exclusions list, which includes cluster munitions and anti-personnel landmines; and
- norms-based screening of issuers which the Investment Manager considers have failed to conduct their business in accordance with international norms, including as set out in the UNGC.

The above exclusions and screens (the “Exclusions”) may be updated from time to time. Please refer to the website for further information Sustainable investing framework(fidelityinternational.com).
The Investment Manager also has discretion to implement enhanced, stricter sustainable requirements and exclusions from time to time.
What are the binding elements of the investment strategy used to select the investments to attain each of the environmental or social characteristics promoted by this financial product?
The fund will invest:
- a minimum of 50% of its assets in issuers with favourable ESG characteristics;
- a minimum of 2.5% in sustainable investments of which a minimum of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 1% have a social objective.

In addition, the fund will apply the Exclusions, as described above, to all direct investments in corporate issuers.
What is the committed minimum rate to reduce the scope of the investments considered prior to the application of that investment strategy?
This question is not applicable.
Good governance practices include sound management structures, employee relations, remuneration of staff and tax compliance.
What is the policy to assess good governance practices of the investee companies?
The governance practices of issuers are assessed using fundamental research, including as part of the ESG ratings provided by external agencies or Fidelity ESG ratings.
Key points that are analysed include track record of capital allocation, financial transparency, related party transactions, board independence and size, executive pay, auditors and internal oversight, minority shareholder rights, among other indicators. For sovereign issuers, factors such as corruption and freedom of expression are included.
Asset allocation describes the share of investments in specific assets.
Taxonomy-aligned activities are expressed as a share of:
- turnover reflecting the share of revenue from green activities of investee companies
- capital expenditure (CapEx) showing the green investments made by investee companies,e.g. for a transition to a green economy.

- operational expenditure (OpEx) reflecting green operational activities of investee companies.

###### 	What is the asset allocation planned for this financial product?
(#1 Aligned with E/S characteristics) The fund will invest:
- a minimum of 50% of its assets in securities of issuers with favourable ESG characteristics;
- a minimum of 2.5% of its assets in sustainable investments (#1A sustainable) of whicha minimum of of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 1% have a social objective. The remaining sustainable investments of the fund may have an environmental or social objective.

(#1B Other E/S characteristics) Includes securities of issuers with favourable ESG characteristics but are not sustainable investments.
How does the use of derivatives attain the environmental or social characteristics promoted by the financial product?
Where the security underlying a derivative has favourable ESG characteristics in accordance with Fidelity's Sustainable Investing Framework, the derivative may be included in determining the proportion of the fund dedicated to promotion of environmental or social characteristics.
To what minimum extent are sustainable investments with an environmental objective aligned with the EU Taxonomy?
The fund invests a minimum of 0% in sustainable investments with an environmental objective aligned with the EU Taxonomy.
The compliance of the investments of the fund with the EU Taxonomy will not be subject to an assurance by auditors or a review by third parties.
The EU Taxonomy alignment of the underlying investments of the fund is measured by turnover.
Does the financial product invest in fossil gas and/or nuclear energy-related activities that comply with the EU Taxonomy¹?
- YesNo
- In fossil gas	In nuclear energyWhat is the minimum share of investments in transitional and enabling activities?

The fund invests a minimum of 0% in transitional activities and a minimum of 0% in enabling activities.
What is the minimum share of sustainable investments with an environmental objective that are not aligned with the EU Taxonomy?
The fund invests a minimum of 1% in sustainable investments with an environmental objective that is not aligned with the EU Taxonomy.
Investments could be aligned with the EU Taxonomy but the Investment Manager is not currently in a position to specify the exact proportion of the fund’s underlying investments which take into account the EU criteria for environmentally sustainable economic activities. However, the position will be kept under review as the underlying rules are finalised and the availability of reliable data increases over time.
¹Fossil gas and/or nuclear related activities will only comply with the EU Taxonomy where they contribute to limiting climate change (“climate change mitigation”) and do not significantly harm any EU Taxonomy objectives - see explanatory note in the left hand margin. The full criteria for fossil gas and nuclear energy economic activities that comply with the EU Taxonomy are laid down in Commission Delegated Regulation (EU) 2022/1214.
What is the minimum share of socially sustainable investments?
The fund invests a minimum of 1% in sustainable investments with a social objective.
What investments are included under “#2 Other”, what is their purpose and are there any minimum environmental or social safeguards?
The remaining investments of the fund will be invested in assets aligned with the financial objective of the fund, cash and cash equivalents for liquidity purposes and derivatives which may be used for investment and efficient portfolio management.
As a minimum environmental and social safeguard, the fund will adhere to the Exclusions.

###### Is a specific index designated as a reference benchmark to determine whether this financial product is aligned with the environmental and/or social characteristics that it promotes?
An index has not been designated as a reference benchmark to determine whether this financial product is aligned with the environmental or social characteristics that it promotes.
Reference benchmarks are indexes to measure whether the financial product attains the environmental or social characteristics that they promote.
How is the reference benchmark continuously aligned with each of the environmental or social characteristics promoted by the financial product?
This question is not applicable.
How is the alignment of the investment strategy with the methodology of the index ensured on a continuous basis?
This question is not applicable.
How does the designated index differ from a relevant broad market index?
This question is not applicable.
Where can the methodology used for the calculation of the designated index be found?
This question is not applicable.

###### 	Where can I find more product specific information online?
More product-specific information can be found on the website: https:/www.fidelity.lu/funds/factsheet/LU0251130638/tab-disclosure#SFDR-disclosure. 
Further information on the methodologies set out herein is available on the website: Sustainable investing framework (fidelityinternational.com).
Pre-contractual disclosure for the financial products referred to in Article 8, paragraphs 1, 2 and 2a, of Regulation (EU) 2019/2088 and Article 6, first paragraph, of Regulation (EU) 2020/852
Product name:	Legal entity identifier:
Fidelity Funds - Euro Corporate Bond Fund	549300HVFD74DI2L1428

###### Environmental and/or social characteristics
| Does this financial product have a sustainable investment objective? |
| --- |
|  | - Yes
 |  | No |
| - It will make a minimum of sustainable investments with an environmental objective:%
- in economic activities that qualify as environmentally sustainable under the EU Taxonomy
- in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
- It will make a minimum of sustainable investments with a social objective:%
 | It promotes Environmental/Social (E/S) characteristics and while it does not have as its objective a sustainable investment, it will have a minimum proportion of 5% of sustainable investments - with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomywith an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomywith a social objective
- It promotes E/S characteristics, but will not make any sustainable investments
 |

What environmental and/or social characteristics are promoted by this financial product?
Sustainability indicators measure how the environmental or social characteristics promoted by the financial product are attained.
The fund promotes environmental and social characteristics by investing in securities of issuers with favourable ESG characteristics. Favourable ESG characteristics are determined by reference to ESG ratings. ESG ratings consider environmental characteristics including carbon intensity, carbon emissions, energy efficiency, water and waste management and biodiversity, as well as social characteristics including product safety, supply chain, health and safety and human rights.
The fund partially intends to make sustainable investments.
No reference benchmark has been designated for the purpose of attaining the environmental and social characteristics promoted.
What sustainability indicators are used to measure the attainment of each of the environmental or social characteristics promoted by this financial product?
The fund uses the following sustainability indicators in order to measure the attainment of the environmental or social characteristics that it promotes:
- the percentage of the fund invested in securities of issuers with favourable ESG characteristics in accordance with Fidelity’s Sustainable Investing Framework;
- the percentage of the fund invested in securities of issuers with exposure to the Exclusions (as defined below);
- the percentage of the fund invested in sustainable investments;
- the percentage of the fund invested in sustainable investments with an environmental objective in economic activities (that do not qualify as environmentally sustainable under the EU Taxonomy); and
- the percentage of the fund invested in sustainable investments with a social objective.

What are the objectives of the sustainable investments that the financial product partially intends to make and how does the sustainable investment contribute to such objectives?
The fund determines a sustainable investment as an investment in securities of:
- issuers that undertake economic activities that contribute to one or more of the environmental objectives set out in the EU Taxonomy and qualify as environmentally sustainable in accordance with EU Taxonomy; or
- issuers whereby the majority of their business activities (more than 50% of revenue) contribute to environmental or social objectives aligned with one or more of the United Nations Sustainable Development Goals (“SDGs”); or
- issuers which have set a decarbonisation target consistent with a 1.5 degree warming scenario or lower (verified by the Science Based Target Initiative or a Fidelity Proprietary Climate Rating) which would be considered to contribute to environmental objectives;provided they do no significant harm, meet minimum safeguards and good governance criteria.

How do the sustainable investments that the financial product partially intends to make, not cause significant harm to any environmental or social sustainable investment objective?
Sustainable investments are screened for involvement in activities that cause significant harm and controversies, assessed through a check that the issuer meets minimum safeguards and standards that relate to principal adverse impacts (PAIs) as well as performance on PAI metrics. This includes:
- Norms-based screens - the screening out of securities identified under Fidelity’s existing norms-based screens (as set out below);
- Activity-based screens - the screening out of issuers based on their participation in activities with significant negative impacts on society or the environment, including issuers that are considered to have a ‘Very Severe’ controversy using controversy screens, covering
- environmental issues,
- human rights and communities,
- labour rights and supply chain,
- customers,
- governance; and
	- PAI indicators - quantitative data (where available) on PAI indicators is used to evaluate whether an issuer is involved in activities that cause significant harm to any environmental or social objective.


Principal adverse impacts are the most significant negative impacts of investment decisions on sustainability factors relating to environmental, social and employee matters, respect for human rights, anti- corruption and anti- bribery matters.
How have the indicators for adverse impacts on sustainability factors been taken into account?
For sustainable investments, as set out above, Fidelity undertakes a quantitative evaluation to identify issuers with challenging performance on PAI indicators. Issuers with a low score will be ineligible to be ‘sustainable investments’ unless Fidelity’s fundamental research determines that the issuer is not breaching “do no significant harm” requirements or is on the path to mitigate the adverse impacts through effective management or transition.
How are the sustainable investments aligned with the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights? Details:
Norms-based screens are applied: Issuers identified as failing to behave in a way which meets their fundamental responsibilities in the areas of human rights, labour, environmental and anti-corruption as aligned with international norms including those set out by the OECD Guidelines for Multinational Enterprises, the UN Guiding Principles on Business and Human Rights, the UN Global Compact (UNGC) and the International Labour Organisation (ILO) Conventions, are not considered sustainable investments.
The EU Taxonomy sets out a “do not significant harm” principle by which Taxonomy-aligned investments should not significantly harm EU Taxonomy objectives and is accompanied by specific EU criteria.
The “do no significant harm” principle applies only to those investments underlying the financial product that take into account the EU criteria for environmentally sustainable economic activities. The investments underlying the remaining portion of this financial product do not take into account the EU criteria for environmentally sustainable economic activities.
Any other sustainable investments must also not significantly harm any environmental or social objectives.

###### Does this financial product consider principal adverse impacts on sustainability factors?
Yes
- NoConsideration of the principal adverse impacts on sustainability factors of investment decisions (referred to as principal adverse impacts) is incorporated through a variety of tools, including:
- Due Diligence - analysis of whether impacts on sustainability factors are material and negative.
- ESG rating - Fidelity references ESG ratings which incorporate consideration of material principal adverse impacts such as carbon emissions, employee safety and bribery and corruption, water management and, for sovereign issued securities, ratings used incorporate consideration of material principal adverse impacts such as carbon emissions, social violations and freedom of expression.
- Exclusions - When investing directly in corporate issuers, the fund applies the Exclusions (as defined below) to help mitigate the principal adverse impacts through excluding harmful sectors and prohibiting investment in issuers that breach international standards, such as the UNGC.
- Engagement - Fidelity uses engagement as a tool to better understand principal adverse impacts and, in some circumstances, advocate for mitigating the principal adverse impacts. Fidelity participates in relevant individual and collaborative engagements that target a number of principal adverse impacts (i.e. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Voting - Fidelity’s voting policy includes explicit minimum standards for board gender diversity and engagement with climate change for corporate issuers. Fidelity may also vote to help mitigate principal adverse impacts.
- Quarterly reviews - monitoring of principal adverse impacts through the fund’s quarterly review process.

Fidelity takes into account specific indicators for each sustainability factor when considering whether investments have a principal adverse impact. These indicators are subject to data availability and may evolve with improving data quality and availability.
Information on principal adverse impacts will be available in the annual report of the fund.
The investment strategy guides investment decisions based on factors such as investments objectives and risk tolerance.

######  What investment strategy does this financial product follow?
A minimum of 50% of the fund’s assets will be invested in securities with favourable ESG characteristics.
Favourable ESG characteristics are determined by reference to ESG ratings provided by external agencies and Fidelity ESG ratings.
In respect of its direct investment in corporate issuers, the fund is subject to:
- a firm-wide exclusions list, which includes cluster munitions and anti-personnel landmines; and
- norms-based screening of issuers which the Investment Manager considers have failed to conduct their business in accordance with international norms, including as set out in the UNGC.

The above exclusions and screens (the “Exclusions”) may be updated from time to time. Please refer to the website for further information Sustainable investing framework(fidelityinternational.com).
The Investment Manager also has discretion to implement enhanced, stricter sustainable requirements and exclusions from time to time.
What are the binding elements of the investment strategy used to select the investments to attain each of the environmental or social characteristics promoted by this financial product?
The fund will invest:
- a minimum of 50% of its assets in issuers with favourable ESG characteristics;
- a minimum of 5% in sustainable investments of which a minimum of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 1% have a social objective.

In addition, the fund will apply the Exclusions, as described above, to all direct investments in corporate issuers.
What is the committed minimum rate to reduce the scope of the investments considered prior to the application of that investment strategy?
This question is not applicable.
Good governance practices include sound management structures, employee relations, remuneration of staff and tax compliance.
What is the policy to assess good governance practices of the investee companies?
The governance practices of issuers are assessed using fundamental research, including as part of the ESG ratings provided by external agencies or Fidelity ESG ratings.
Key points that are analysed include track record of capital allocation, financial transparency, related party transactions, board independence and size, executive pay, auditors and internal oversight, minority shareholder rights, among other indicators. For sovereign issuers, factors such as corruption and freedom of expression are included.
Asset allocation describes the share of investments in specific assets.
Taxonomy-aligned activities are expressed as a share of:
- turnover reflecting the share of revenue from green activities of investee companies
- capital expenditure (CapEx) showing the green investments made by investee companies,e.g. for a transition to a green economy.

- operational expenditure (OpEx) reflecting green operational activities of investee companies.

###### 	What is the asset allocation planned for this financial product?
(#1 Aligned with E/S characteristics) The fund will invest:
- a minimum of 50% of its assets in securities of issuers with favourable ESG characteristics;
- a minimum of 5% of its assets in sustainable investments (#1A sustainable) of which a minimum of of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 1% have a social objective. The remaining sustainable investments of the fund may have an environmental or social objective.

(#1B Other E/S characteristics) Includes securities of issuers with favourable ESG characteristics but are not sustainable investments.
How does the use of derivatives attain the environmental or social characteristics promoted by the financial product?
Where the security underlying a derivative has favourable ESG characteristics in accordance with Fidelity's Sustainable Investing Framework, the derivative may be included in determining the proportion of the fund dedicated to promotion of environmental or social characteristics.
To what minimum extent are sustainable investments with an environmental objective aligned with the EU Taxonomy?
The fund invests a minimum of 0% in sustainable investments with an environmental objective aligned with the EU Taxonomy.
The compliance of the investments of the fund with the EU Taxonomy will not be subject to an assurance by auditors or a review by third parties.
The EU Taxonomy alignment of the underlying investments of the fund is measured by turnover.
Does the financial product invest in fossil gas and/or nuclear energy-related activities that comply with the EU Taxonomy¹?
- YesNo
- In fossil gas	In nuclear energyWhat is the minimum share of investments in transitional and enabling activities?

The fund invests a minimum of 0% in transitional activities and a minimum of 0% in enabling activities.
What is the minimum share of sustainable investments with an environmental objective that are not aligned with the EU Taxonomy?
The fund invests a minimum of 1% in sustainable investments with an environmental objective that is not aligned with the EU Taxonomy.
Investments could be aligned with the EU Taxonomy but the Investment Manager is not currently in a position to specify the exact proportion of the fund’s underlying investments which take into account the EU criteria for environmentally sustainable economic activities. However, the position will be kept under review as the underlying rules are finalised and the availability of reliable data increases over time.
¹Fossil gas and/or nuclear related activities will only comply with the EU Taxonomy where they contribute to limiting climate change (“climate change mitigation”) and do not significantly harm any EU Taxonomy objectives - see explanatory note in the left hand margin. The full criteria for fossil gas and nuclear energy economic activities that comply with the EU Taxonomy are laid down in Commission Delegated Regulation (EU) 2022/1214.
What is the minimum share of socially sustainable investments?
The fund invests a minimum of 1% in sustainable investments with a social objective.
What investments are included under “#2 Other”, what is their purpose and are there any minimum environmental or social safeguards?
The remaining investments of the fund will be invested in assets aligned with the financial objective of the fund, cash and cash equivalents for liquidity purposes and derivatives which may be used for investment and efficient portfolio management.
As a minimum environmental and social safeguard, the fund will adhere to the Exclusions.

###### Is a specific index designated as a reference benchmark to determine whether this financial product is aligned with the environmental and/or social characteristics that it promotes?
An index has not been designated as a reference benchmark to determine whether this financial product is aligned with the environmental or social characteristics that it promotes.
Reference benchmarks are indexes to measure whether the financial product attains the environmental or social characteristics that they promote.
How is the reference benchmark continuously aligned with each of the environmental or social characteristics promoted by the financial product?
This question is not applicable.
How is the alignment of the investment strategy with the methodology of the index ensured on a continuous basis?
This question is not applicable.
How does the designated index differ from a relevant broad market index?
This question is not applicable.
Where can the methodology used for the calculation of the designated index be found?
This question is not applicable.

###### 	Where can I find more product specific information online?
More product-specific information can be found on the website: https:/www.fidelity.lu/funds/factsheet/LU0370787193/tab-disclosure#SFDR-disclosure. 
Further information on the methodologies set out herein is available on the website: Sustainable investing framework (fidelityinternational.com).
Pre-contractual disclosure for the financial products referred to in Article 8, paragraphs 1, 2 and 2a, of Regulation (EU) 2019/2088 and Article 6, first paragraph, of Regulation (EU) 2020/852
Product name:	Legal entity identifier:
Fidelity Funds - European High Yield Fund	QRZDLZXRZFWQ9BAHI598

###### Environmental and/or social characteristics
| Does this financial product have a sustainable investment objective? |
| --- |
|  | - Yes
 |  | No |
| - It will make a minimum of sustainable investments with an environmental objective:%
- in economic activities that qualify as environmentally sustainable under the EU Taxonomy
- in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
- It will make a minimum of sustainable investments with a social objective:%
 | It promotes Environmental/Social (E/S) characteristics and while it does not have as its objective a sustainable investment, it will have a minimum proportion of 2.5% of sustainable investments - with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomywith an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomywith a social objective
- It promotes E/S characteristics, but will not make any sustainable investments
 |

What environmental and/or social characteristics are promoted by this financial product?
Sustainability indicators measure how the environmental or social characteristics promoted by the financial product are attained.
The fund promotes environmental and social characteristics by investing in securities of issuers with favourable ESG characteristics. Favourable ESG characteristics are determined by reference to ESG ratings. ESG ratings consider environmental characteristics including carbon intensity, carbon emissions, energy efficiency, water and waste management and biodiversity, as well as social characteristics including product safety, supply chain, health and safety and human rights.
The fund partially intends to make sustainable investments.
No reference benchmark has been designated for the purpose of attaining the environmental and social characteristics promoted.
What sustainability indicators are used to measure the attainment of each of the environmental or social characteristics promoted by this financial product?
The fund uses the following sustainability indicators in order to measure the attainment of the environmental or social characteristics that it promotes:
- the percentage of the fund invested in securities of issuers with favourable ESG characteristics in accordance with Fidelity’s Sustainable Investing Framework;
- the percentage of the fund invested in securities of issuers with exposure to the Exclusions (as defined below);
- the percentage of the fund invested in sustainable investments;
- the percentage of the fund invested in sustainable investments with an environmental objective in economic activities (that do not qualify as environmentally sustainable under the EU Taxonomy); and
- the percentage of the fund invested in sustainable investments with a social objective.

What are the objectives of the sustainable investments that the financial product partially intends to make and how does the sustainable investment contribute to such objectives?
The fund determines a sustainable investment as an investment in securities of:
- issuers that undertake economic activities that contribute to one or more of the environmental objectives set out in the EU Taxonomy and qualify as environmentally sustainable in accordance with EU Taxonomy; or
- issuers whereby the majority of their business activities (more than 50% of revenue) contribute to environmental or social objectives aligned with one or more of the United Nations Sustainable Development Goals (“SDGs”); or
- issuers which have set a decarbonisation target consistent with a 1.5 degree warming scenario or lower (verified by the Science Based Target Initiative or a Fidelity Proprietary Climate Rating) which would be considered to contribute to environmental objectives;provided they do no significant harm, meet minimum safeguards and good governance criteria.

How do the sustainable investments that the financial product partially intends to make, not cause significant harm to any environmental or social sustainable investment objective?
Sustainable investments are screened for involvement in activities that cause significant harm and controversies, assessed through a check that the issuer meets minimum safeguards and standards that relate to principal adverse impacts (PAIs) as well as performance on PAI metrics. This includes:
- Norms-based screens - the screening out of securities identified under Fidelity’s existing norms-based screens (as set out below);
- Activity-based screens - the screening out of issuers based on their participation in activities with significant negative impacts on society or the environment, including issuers that are considered to have a ‘Very Severe’ controversy using controversy screens, covering
- environmental issues,
- human rights and communities,
- labour rights and supply chain,
- customers,
- governance; and
	- PAI indicators - quantitative data (where available) on PAI indicators is used to evaluate whether an issuer is involved in activities that cause significant harm to any environmental or social objective.


Principal adverse impacts are the most significant negative impacts of investment decisions on sustainability factors relating to environmental, social and employee matters, respect for human rights, anti- corruption and anti- bribery matters.
How have the indicators for adverse impacts on sustainability factors been taken into account?
For sustainable investments, as set out above, Fidelity undertakes a quantitative evaluation to identify issuers with challenging performance on PAI indicators. Issuers with a low score will be ineligible to be ‘sustainable investments’ unless Fidelity’s fundamental research determines that the issuer is not breaching “do no significant harm” requirements or is on the path to mitigate the adverse impacts through effective management or transition.
How are the sustainable investments aligned with the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights? Details:
Norms-based screens are applied: Issuers identified as failing to behave in a way which meets their fundamental responsibilities in the areas of human rights, labour, environmental and anti-corruption as aligned with international norms including those set out by the OECD Guidelines for Multinational Enterprises, the UN Guiding Principles on Business and Human Rights, the UN Global Compact (UNGC) and the International Labour Organisation (ILO) Conventions, are not considered sustainable investments.
The EU Taxonomy sets out a “do not significant harm” principle by which Taxonomy-aligned investments should not significantly harm EU Taxonomy objectives and is accompanied by specific EU criteria.
The “do no significant harm” principle applies only to those investments underlying the financial product that take into account the EU criteria for environmentally sustainable economic activities. The investments underlying the remaining portion of this financial product do not take into account the EU criteria for environmentally sustainable economic activities.
Any other sustainable investments must also not significantly harm any environmental or social objectives.

###### Does this financial product consider principal adverse impacts on sustainability factors?
Yes
- NoConsideration of the principal adverse impacts on sustainability factors of investment decisions (referred to as principal adverse impacts) is incorporated through a variety of tools, including:
- Due Diligence - analysis of whether impacts on sustainability factors are material and negative.
- ESG rating - Fidelity references ESG ratings which incorporate consideration of material principal adverse impacts such as carbon emissions, employee safety and bribery and corruption, water management and, for sovereign issued securities, ratings used incorporate consideration of material principal adverse impacts such as carbon emissions, social violations and freedom of expression.
- Exclusions - When investing directly in corporate issuers, the fund applies the Exclusions (as defined below) to help mitigate the principal adverse impacts through excluding harmful sectors and prohibiting investment in issuers that breach international standards, such as the UNGC.
- Engagement - Fidelity uses engagement as a tool to better understand principal adverse impacts and, in some circumstances, advocate for mitigating the principal adverse impacts. Fidelity participates in relevant individual and collaborative engagements that target a number of principal adverse impacts (i.e. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Voting - Fidelity’s voting policy includes explicit minimum standards for board gender diversity and engagement with climate change for corporate issuers. Fidelity may also vote to help mitigate principal adverse impacts.
- Quarterly reviews - monitoring of principal adverse impacts through the fund’s quarterly review process.

Fidelity takes into account specific indicators for each sustainability factor when considering whether investments have a principal adverse impact. These indicators are subject to data availability and may evolve with improving data quality and availability.
Information on principal adverse impacts will be available in the annual report of the fund.
The investment strategy guides investment decisions based on factors such as investments objectives and risk tolerance.

######  What investment strategy does this financial product follow?
A minimum of 50% of the fund’s assets will be invested in securities with favourable ESG characteristics.
Favourable ESG characteristics are determined by reference to ESG ratings provided by external agencies and Fidelity ESG ratings.
In respect of its direct investment in corporate issuers, the fund is subject to:
- a firm-wide exclusions list, which includes cluster munitions and anti-personnel landmines; and
- norms-based screening of issuers which the Investment Manager considers have failed to conduct their business in accordance with international norms, including as set out in the UNGC.

The above exclusions and screens (the “Exclusions”) may be updated from time to time. Please refer to the website for further information Sustainable investing framework(fidelityinternational.com).
The Investment Manager also has discretion to implement enhanced, stricter sustainable requirements and exclusions from time to time.
What are the binding elements of the investment strategy used to select the investments to attain each of the environmental or social characteristics promoted by this financial product?
The fund will invest:
- a minimum of 50% of its assets in issuers with favourable ESG characteristics;
- a minimum of 2.5% in sustainable investments of which a minimum of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 1% have a social objective.

In addition, the fund will apply the Exclusions, as described above, to all direct investments in corporate issuers.
What is the committed minimum rate to reduce the scope of the investments considered prior to the application of that investment strategy?
This question is not applicable.
Good governance practices include sound management structures, employee relations, remuneration of staff and tax compliance.
What is the policy to assess good governance practices of the investee companies?
The governance practices of issuers are assessed using fundamental research, including as part of the ESG ratings provided by external agencies or Fidelity ESG ratings.
Key points that are analysed include track record of capital allocation, financial transparency, related party transactions, board independence and size, executive pay, auditors and internal oversight, minority shareholder rights, among other indicators. For sovereign issuers, factors such as corruption and freedom of expression are included.
Asset allocation describes the share of investments in specific assets.
Taxonomy-aligned activities are expressed as a share of:
- turnover reflecting the share of revenue from green activities of investee companies
- capital expenditure (CapEx) showing the green investments made by investee companies,e.g. for a transition to a green economy.

- operational expenditure (OpEx) reflecting green operational activities of investee companies.

###### 	What is the asset allocation planned for this financial product?
(#1 Aligned with E/S characteristics) The fund will invest:
- a minimum of 50% of its assets in securities of issuers with favourable ESG characteristics;
- a minimum of 2.5% of its assets in sustainable investments (#1A sustainable) of whicha minimum of of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 1% have a social objective. The remaining sustainable investments of the fund may have an environmental or social objective.

(#1B Other E/S characteristics) Includes securities of issuers with favourable ESG characteristics but are not sustainable investments.
How does the use of derivatives attain the environmental or social characteristics promoted by the financial product?
Where the security underlying a derivative has favourable ESG characteristics in accordance with Fidelity's Sustainable Investing Framework, the derivative may be included in determining the proportion of the fund dedicated to promotion of environmental or social characteristics.
To what minimum extent are sustainable investments with an environmental objective aligned with the EU Taxonomy?
The fund invests a minimum of 0% in sustainable investments with an environmental objective aligned with the EU Taxonomy.
The compliance of the investments of the fund with the EU Taxonomy will not be subject to an assurance by auditors or a review by third parties.
The EU Taxonomy alignment of the underlying investments of the fund is measured by turnover.
Does the financial product invest in fossil gas and/or nuclear energy-related activities that comply with the EU Taxonomy¹?
- YesNo
- In fossil gas	In nuclear energyWhat is the minimum share of investments in transitional and enabling activities?

The fund invests a minimum of 0% in transitional activities and a minimum of 0% in enabling activities.
What is the minimum share of sustainable investments with an environmental objective that are not aligned with the EU Taxonomy?
The fund invests a minimum of 1% in sustainable investments with an environmental objective that is not aligned with the EU Taxonomy.
Investments could be aligned with the EU Taxonomy but the Investment Manager is not currently in a position to specify the exact proportion of the fund’s underlying investments which take into account the EU criteria for environmentally sustainable economic activities. However, the position will be kept under review as the underlying rules are finalised and the availability of reliable data increases over time.
¹Fossil gas and/or nuclear related activities will only comply with the EU Taxonomy where they contribute to limiting climate change (“climate change mitigation”) and do not significantly harm any EU Taxonomy objectives - see explanatory note in the left hand margin. The full criteria for fossil gas and nuclear energy economic activities that comply with the EU Taxonomy are laid down in Commission Delegated Regulation (EU) 2022/1214.
What is the minimum share of socially sustainable investments?
The fund invests a minimum of 1% in sustainable investments with a social objective.
What investments are included under “#2 Other”, what is their purpose and are there any minimum environmental or social safeguards?
The remaining investments of the fund will be invested in assets aligned with the financial objective of the fund, cash and cash equivalents for liquidity purposes and derivatives which may be used for investment and efficient portfolio management.
As a minimum environmental and social safeguard, the fund will adhere to the Exclusions.

###### Is a specific index designated as a reference benchmark to determine whether this financial product is aligned with the environmental and/or social characteristics that it promotes?
An index has not been designated as a reference benchmark to determine whether this financial product is aligned with the environmental or social characteristics that it promotes.
Reference benchmarks are indexes to measure whether the financial product attains the environmental or social characteristics that they promote.
How is the reference benchmark continuously aligned with each of the environmental or social characteristics promoted by the financial product?
This question is not applicable.
How is the alignment of the investment strategy with the methodology of the index ensured on a continuous basis?
This question is not applicable.
How does the designated index differ from a relevant broad market index?
This question is not applicable.
Where can the methodology used for the calculation of the designated index be found?
This question is not applicable.

###### 	Where can I find more product specific information online?
More product-specific information can be found on the website: https:/www.fidelity.lu/funds/factsheet/LU0251130802/tab-disclosure#SFDR-disclosure. 
Further information on the methodologies set out herein is available on the website: Sustainable investing framework (fidelityinternational.com).
Pre-contractual disclosure for the financial products referred to in Article 8, paragraphs 1, 2 and 2a, of Regulation (EU) 2019/2088 and Article 6, first paragraph, of Regulation (EU) 2020/852
Product name:	Legal entity identifier:
Fidelity Funds - Euro Short Term Bond Fund	3NMLOFBNMWJ7JPIH6S89

###### Environmental and/or social characteristics
| Does this financial product have a sustainable investment objective? |
| --- |
|  | - Yes
 |  | No |
| - It will make a minimum of sustainable investments with an environmental objective:%
- in economic activities that qualify as environmentally sustainable under the EU Taxonomy
- in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
- It will make a minimum of sustainable investments with a social objective:%
 | It promotes Environmental/Social (E/S) characteristics and while it does not have as its objective a sustainable investment, it will have a minimum proportion of 5% of sustainable investments - with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomywith an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomywith a social objective
- It promotes E/S characteristics, but will not make any sustainable investments
 |

What environmental and/or social characteristics are promoted by this financial product?
Sustainability indicators measure how the environmental or social characteristics promoted by the financial product are attained.
The fund promotes environmental and social characteristics by investing in securities of issuers with favourable ESG characteristics. Favourable ESG characteristics are determined by reference to ESG ratings. ESG ratings consider environmental characteristics including carbon intensity, carbon emissions, energy efficiency, water and waste management and biodiversity, as well as social characteristics including product safety, supply chain, health and safety and human rights.
The fund partially intends to make sustainable investments.
No reference benchmark has been designated for the purpose of attaining the environmental and social characteristics promoted.
What sustainability indicators are used to measure the attainment of each of the environmental or social characteristics promoted by this financial product?
The fund uses the following sustainability indicators in order to measure the attainment of the environmental or social characteristics that it promotes:
- the percentage of the fund invested in securities of issuers with favourable ESG characteristics in accordance with Fidelity’s Sustainable Investing Framework;
- the percentage of the fund invested in securities of issuers with exposure to the Exclusions (as defined below);
- the percentage of the fund invested in sustainable investments;
- the percentage of the fund invested in sustainable investments with an environmental objective in economic activities (that do not qualify as environmentally sustainable under the EU Taxonomy); and
- the percentage of the fund invested in sustainable investments with a social objective.

What are the objectives of the sustainable investments that the financial product partially intends to make and how does the sustainable investment contribute to such objectives?
The fund determines a sustainable investment as an investment in securities of:
- issuers that undertake economic activities that contribute to one or more of the environmental objectives set out in the EU Taxonomy and qualify as environmentally sustainable in accordance with EU Taxonomy; or
- issuers whereby the majority of their business activities (more than 50% of revenue) contribute to environmental or social objectives aligned with one or more of the United Nations Sustainable Development Goals (“SDGs”); or
- issuers which have set a decarbonisation target consistent with a 1.5 degree warming scenario or lower (verified by the Science Based Target Initiative or a Fidelity Proprietary Climate Rating) which would be considered to contribute to environmental objectives;provided they do no significant harm, meet minimum safeguards and good governance criteria.

How do the sustainable investments that the financial product partially intends to make, not cause significant harm to any environmental or social sustainable investment objective?
Sustainable investments are screened for involvement in activities that cause significant harm and controversies, assessed through a check that the issuer meets minimum safeguards and standards that relate to principal adverse impacts (PAIs) as well as performance on PAI metrics. This includes:
- Norms-based screens - the screening out of securities identified under Fidelity’s existing norms-based screens (as set out below);
- Activity-based screens - the screening out of issuers based on their participation in activities with significant negative impacts on society or the environment, including issuers that are considered to have a ‘Very Severe’ controversy using controversy screens, covering
- environmental issues,
- human rights and communities,
- labour rights and supply chain,
- customers,
- governance; and
	- PAI indicators - quantitative data (where available) on PAI indicators is used to evaluate whether an issuer is involved in activities that cause significant harm to any environmental or social objective.


Principal adverse impacts are the most significant negative impacts of investment decisions on sustainability factors relating to environmental, social and employee matters, respect for human rights, anti- corruption and anti- bribery matters.
How have the indicators for adverse impacts on sustainability factors been taken into account?
For sustainable investments, as set out above, Fidelity undertakes a quantitative evaluation to identify issuers with challenging performance on PAI indicators. Issuers with a low score will be ineligible to be ‘sustainable investments’ unless Fidelity’s fundamental research determines that the issuer is not breaching “do no significant harm” requirements or is on the path to mitigate the adverse impacts through effective management or transition.
How are the sustainable investments aligned with the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights? Details:
Norms-based screens are applied: Issuers identified as failing to behave in a way which meets their fundamental responsibilities in the areas of human rights, labour, environmental and anti-corruption as aligned with international norms including those set out by the OECD Guidelines for Multinational Enterprises, the UN Guiding Principles on Business and Human Rights, the UN Global Compact (UNGC) and the International Labour Organisation (ILO) Conventions, are not considered sustainable investments.
The EU Taxonomy sets out a “do not significant harm” principle by which Taxonomy-aligned investments should not significantly harm EU Taxonomy objectives and is accompanied by specific EU criteria.
The “do no significant harm” principle applies only to those investments underlying the financial product that take into account the EU criteria for environmentally sustainable economic activities. The investments underlying the remaining portion of this financial product do not take into account the EU criteria for environmentally sustainable economic activities.
Any other sustainable investments must also not significantly harm any environmental or social objectives.

###### Does this financial product consider principal adverse impacts on sustainability factors?
Yes
- NoConsideration of the principal adverse impacts on sustainability factors of investment decisions (referred to as principal adverse impacts) is incorporated through a variety of tools, including:
- Due Diligence - analysis of whether impacts on sustainability factors are material and negative.
- ESG rating - Fidelity references ESG ratings which incorporate consideration of material principal adverse impacts such as carbon emissions, employee safety and bribery and corruption, water management and, for sovereign issued securities, ratings used incorporate consideration of material principal adverse impacts such as carbon emissions, social violations and freedom of expression.
- Exclusions - When investing directly in corporate issuers, the fund applies the Exclusions (as defined below) to help mitigate the principal adverse impacts through excluding harmful sectors and prohibiting investment in issuers that breach international standards, such as the UNGC.
- Engagement - Fidelity uses engagement as a tool to better understand principal adverse impacts and, in some circumstances, advocate for mitigating the principal adverse impacts. Fidelity participates in relevant individual and collaborative engagements that target a number of principal adverse impacts (i.e. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Voting - Fidelity’s voting policy includes explicit minimum standards for board gender diversity and engagement with climate change for corporate issuers. Fidelity may also vote to help mitigate principal adverse impacts.
- Quarterly reviews - monitoring of principal adverse impacts through the fund’s quarterly review process.

Fidelity takes into account specific indicators for each sustainability factor when considering whether investments have a principal adverse impact. These indicators are subject to data availability and may evolve with improving data quality and availability.
Information on principal adverse impacts will be available in the annual report of the fund.
The investment strategy guides investment decisions based on factors such as investments objectives and risk tolerance.

######  What investment strategy does this financial product follow?
A minimum of 50% of the fund’s assets will be invested in securities with favourable ESG characteristics.
Favourable ESG characteristics are determined by reference to ESG ratings provided by external agencies and Fidelity ESG ratings.
In respect of its direct investment in corporate issuers, the fund is subject to:
- a firm-wide exclusions list, which includes cluster munitions and anti-personnel landmines; and
- norms-based screening of issuers which the Investment Manager considers have failed to conduct their business in accordance with international norms, including as set out in the UNGC.

The above exclusions and screens (the “Exclusions”) may be updated from time to time. Please refer to the website for further information Sustainable investing framework(fidelityinternational.com).
The Investment Manager also has discretion to implement enhanced, stricter sustainable requirements and exclusions from time to time.
What are the binding elements of the investment strategy used to select the investments to attain each of the environmental or social characteristics promoted by this financial product?
The fund will invest:
- a minimum of 50% of its assets in issuers with favourable ESG characteristics;
- a minimum of 5% in sustainable investments of which a minimum of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 1% have a social objective.

In addition, the fund will apply the Exclusions, as described above, to all direct investments in corporate issuers.
What is the committed minimum rate to reduce the scope of the investments considered prior to the application of that investment strategy?
This question is not applicable.
Good governance practices include sound management structures, employee relations, remuneration of staff and tax compliance.
What is the policy to assess good governance practices of the investee companies?
The governance practices of issuers are assessed using fundamental research, including as part of the ESG ratings provided by external agencies or Fidelity ESG ratings.
Key points that are analysed include track record of capital allocation, financial transparency, related party transactions, board independence and size, executive pay, auditors and internal oversight, minority shareholder rights, among other indicators. For sovereign issuers, factors such as corruption and freedom of expression are included.
Asset allocation describes the share of investments in specific assets.
Taxonomy-aligned activities are expressed as a share of:
- turnover reflecting the share of revenue from green activities of investee companies
- capital expenditure (CapEx) showing the green investments made by investee companies,e.g. for a transition to a green economy.

- operational expenditure (OpEx) reflecting green operational activities of investee companies.

###### 	What is the asset allocation planned for this financial product?
(#1 Aligned with E/S characteristics) The fund will invest:
- a minimum of 50% of its assets in securities of issuers with favourable ESG characteristics;
- a minimum of 5% of its assets in sustainable investments (#1A sustainable) of which a minimum of of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 1% have a social objective. The remaining sustainable investments of the fund may have an environmental or social objective.

(#1B Other E/S characteristics) Includes securities of issuers with favourable ESG characteristics but are not sustainable investments.
How does the use of derivatives attain the environmental or social characteristics promoted by the financial product?
Where the security underlying a derivative has favourable ESG characteristics in accordance with Fidelity's Sustainable Investing Framework, the derivative may be included in determining the proportion of the fund dedicated to promotion of environmental or social characteristics.
To what minimum extent are sustainable investments with an environmental objective aligned with the EU Taxonomy?
The fund invests a minimum of 0% in sustainable investments with an environmental objective aligned with the EU Taxonomy.
The compliance of the investments of the fund with the EU Taxonomy will not be subject to an assurance by auditors or a review by third parties.
The EU Taxonomy alignment of the underlying investments of the fund is measured by turnover.
Does the financial product invest in fossil gas and/or nuclear energy-related activities that comply with the EU Taxonomy¹?
- YesNo
- In fossil gas	In nuclear energyWhat is the minimum share of investments in transitional and enabling activities?

The fund invests a minimum of 0% in transitional activities and a minimum of 0% in enabling activities.
What is the minimum share of sustainable investments with an environmental objective that are not aligned with the EU Taxonomy?
The fund invests a minimum of 1% in sustainable investments with an environmental objective that is not aligned with the EU Taxonomy.
Investments could be aligned with the EU Taxonomy but the Investment Manager is not currently in a position to specify the exact proportion of the fund’s underlying investments which take into account the EU criteria for environmentally sustainable economic activities. However, the position will be kept under review as the underlying rules are finalised and the availability of reliable data increases over time.
¹Fossil gas and/or nuclear related activities will only comply with the EU Taxonomy where they contribute to limiting climate change (“climate change mitigation”) and do not significantly harm any EU Taxonomy objectives - see explanatory note in the left hand margin. The full criteria for fossil gas and nuclear energy economic activities that comply with the EU Taxonomy are laid down in Commission Delegated Regulation (EU) 2022/1214.
What is the minimum share of socially sustainable investments?
The fund invests a minimum of 1% in sustainable investments with a social objective.
What investments are included under “#2 Other”, what is their purpose and are there any minimum environmental or social safeguards?
The remaining investments of the fund will be invested in assets aligned with the financial objective of the fund, cash and cash equivalents for liquidity purposes and derivatives which may be used for investment and efficient portfolio management.
As a minimum environmental and social safeguard, the fund will adhere to the Exclusions.

###### Is a specific index designated as a reference benchmark to determine whether this financial product is aligned with the environmental and/or social characteristics that it promotes?
An index has not been designated as a reference benchmark to determine whether this financial product is aligned with the environmental or social characteristics that it promotes.
Reference benchmarks are indexes to measure whether the financial product attains the environmental or social characteristics that they promote.
How is the reference benchmark continuously aligned with each of the environmental or social characteristics promoted by the financial product?
This question is not applicable.
How is the alignment of the investment strategy with the methodology of the index ensured on a continuous basis?
This question is not applicable.
How does the designated index differ from a relevant broad market index?
This question is not applicable.
Where can the methodology used for the calculation of the designated index be found?
This question is not applicable.

###### 	Where can I find more product specific information online?
More product-specific information can be found on the website: https:/www.fidelity.lu/funds/factsheet/LU0267388220/tab-disclosure#SFDR-disclosure. 
Further information on the methodologies set out herein is available on the website: Sustainable investing framework (fidelityinternational.com).
Pre-contractual disclosure for the financial products referred to in Article 8, paragraphs 1, 2 and 2a, of Regulation (EU) 2019/2088 and Article 6, first paragraph, of Regulation (EU) 2020/852
Product name:	Legal entity identifier:
Fidelity Funds - Structured Credit Income Fund	254900PSXCPD7UYZ5904

###### Environmental and/or social characteristics
| Does this financial product have a sustainable investment objective? |
| --- |
|  | - Yes
 |  | No |
| - It will make a minimum of sustainable investments with an environmental objective:%
- in economic activities that qualify as environmentally sustainable under the EU Taxonomy
- in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
- It will make a minimum of sustainable investments with a social objective:%
 | - It promotes Environmental/Social (E/S) characteristics and while it does not have as its objective a sustainable investment, it will have a minimum proportion of % of sustainable investments
	- with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomy
	- with an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
	- with a social objectiveIt promotes E/S characteristics, but will not make any sustainable investments

 |

What environmental and/or social characteristics are promoted by this financial product?
Sustainability indicators measure how the environmental or social characteristics promoted by the financial product are attained.
The fund promotes environmental and social characteristics by investing in securities of issuers with favourable ESG characteristics. Favourable ESG characteristics are determined by reference to ESG ratings. ESG ratings consider environmental characteristics including carbon intensity, carbon emissions, energy efficiency, water and waste management and biodiversity, as well as social characteristics including product safety, supply chain, health and safety and human rights.
No reference benchmark has been designated for the purpose of attaining the environmental and social characteristics promoted.
What sustainability indicators are used to measure the attainment of each of the environmental or social characteristics promoted by this financial product?
The fund uses the following sustainability indicators in order to measure the attainment of the environmental or social characteristics that it promotes:
- the percentage of the fund invested in securities of issuers having favourable ESG characteristics in accordance with Fidelity’s Sustainable Investing Framework; and
- the percentage of the fund invested in securities of corporate issuers with exposure to the Exclusions (as defined below).

What are the objectives of the sustainable investments that the financial product partially intends to make and how does the sustainable investment contribute to such objectives?
This question is not applicable as the fund does not intend to make sustainable investments.
How do the sustainable investments that the financial product partially intends to make, not cause significant harm to any environmental or social sustainable investment objective?
This question is not applicable as the fund does not intend to make sustainable investments.
Principal adverse impacts are the most significant negative impacts of investment decisions on sustainability factors relating to environmental, social and employee matters, respect for human rights, anti- corruption and anti- bribery matters.
How have the indicators for adverse impacts on sustainability factors been taken into account?
This question is not applicable.
How are the sustainable investments aligned with the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights? Details:
This question is not applicable.
The EU Taxonomy sets out a “do not significant harm” principle by which Taxonomy-aligned investments should not significantly harm EU Taxonomy objectives and is accompanied by specific EU criteria.
The “do no significant harm” principle applies only to those investments underlying the financial product that take into account the EU criteria for environmentally sustainable economic activities. The investments underlying the remaining portion of this financial product do not take into account the EU criteria for environmentally sustainable economic activities.
Any other sustainable investments must also not significantly harm any environmental or social objectives.

###### Does this financial product consider principal adverse impacts on sustainability factors?
Yes
- NoConsideration of the principal adverse impacts on sustainability factors of investment decisions (referred to as principal adverse impacts) is incorporated through a variety of tools, including:
- Due Diligence - analysis of whether impacts on sustainability factors are material and negative.
- ESG rating - Fidelity references ESG ratings which incorporate consideration of material principal adverse impacts such as carbon emissions, employee safety and bribery and corruption, water management and, for sovereign issued securities, ratings used incorporate consideration of material principal adverse impacts such as carbon emissions, social violations and freedom of expression.
- Exclusions - When investing directly in corporate issuers, the fund applies the Exclusions (as defined below) to help mitigate the principal adverse impacts through excluding harmful sectors and prohibiting investment in issuers that breach international standards, such as the UNGC.
- Engagement - Fidelity uses engagement as a tool to better understand principal adverse impacts and, in some circumstances, advocate for mitigating the principal adverse impacts. Fidelity participates in relevant individual and collaborative engagements that target a number of principal adverse impacts (i.e. Climate Action 100+, Investors Against Slavery and TraffickingAPAC).
- Voting - Fidelity’s voting policy includes explicit minimum standards for board gender diversity and engagement with climate change for corporate issuers. Fidelity may also vote to help mitigate principal adverse impacts.
- Quarterly reviews - monitoring of principal adverse impacts through the fund’s quarterly review process.

Fidelity takes into account specific indicators for each sustainability factor when considering whether investments have a principal adverse impact. These indicators are subject to data availability and may evolve with improving data quality and availability.
Information on principal adverse impacts will be available in the annual report of the fund.
The investment strategy guides investment decisions based on factors such as investments objectives and risk tolerance.

######  What investment strategy does this financial product follow?
A minimum of 50% of the fund’s assets will be invested in securities with favourable ESG characteristics.
Favourable ESG characteristics are determined by reference to ESG ratings provided by external agencies and Fidelity ESG ratings.
In respect of its direct investment in corporate issuers, the fund is subject to:
- a firm-wide exclusions list, which includes cluster munitions and anti-personnel landmines; and
- norms-based screening of issuers which the Investment Manager considers have failed to conduct their business in accordance with international norms, including as set out in the UNGC.

The above exclusions and screens (the “Exclusions”) may be updated from time to time. Please refer to the website for further information Sustainable investing framework(fidelityinternational.com).
The Investment Manager also has discretion to implement enhanced, stricter sustainable requirements and exclusions from time to time.
What are the binding elements of the investment strategy used to select the investments to attain each of the environmental or social characteristics promoted by this financial product?
The fund will invest a minimum of 50% of its assets in issuers with favourable ESG characteristics.
In addition, the fund will apply the Exclusions, as described above, to all direct investments in corporate issuers.
What is the committed minimum rate to reduce the scope of the investments considered prior to the application of that investment strategy?
This question is not applicable.
Good governance practices include sound management structures, employee relations, remuneration of staff and tax compliance.
What is the policy to assess good governance practices of the investee companies?
The governance practices of issuers are assessed using fundamental research, including as part of the ESG ratings provided by external agencies or Fidelity ESG ratings.
Key points that are analysed include track record of capital allocation, financial transparency, related party transactions, board independence and size, executive pay, auditors and internal oversight, minority shareholder rights, among other indicators. For sovereign issuers, factors such as corruption and freedom of expression are included.
Asset allocation describes the share of investments in specific assets.
Taxonomy-aligned activities are expressed as a share of:
- turnover reflecting the share of revenue from green activities of investee companies
- capital expenditure (CapEx) showing the green investments made by investee companies,e.g. for a transition to a green economy.

- operational expenditure (OpEx) reflecting green operational activities of investee companies.

###### 	What is the asset allocation planned for this financial product?
(#1 Aligned with E/S characteristics) The fund will invest a minimum of 50% of its assets in securities of issuers with favourable ESG characteristics.
How does the use of derivatives attain the environmental or social characteristics promoted by the financial product?
Where the security underlying a derivative has favourable ESG characteristics in accordance with Fidelity's Sustainable Investing Framework, the derivative may be included in determining the proportion of the fund dedicated to promotion of environmental or social characteristics.
To what minimum extent are sustainable investments with an environmental objective aligned with the EU Taxonomy?
The fund invests a minimum of 0% in sustainable investments with an environmental objective aligned with the EU Taxonomy.
The compliance of the investments of the fund with the EU Taxonomy will not be subject to an assurance by auditors or a review by third parties.
The EU Taxonomy alignment of the underlying investments of the fund is measured by turnover.
Does the financial product invest in fossil gas and/or nuclear energy-related activities that comply with the EU Taxonomy¹?
- YesNo
- In fossil gas	In nuclear energy¹Fossil gas and/or nuclear related activities will only comply with the EU Taxonomy where they contribute to limiting climate change (“climate change mitigation”) and do not significantly harm any EU Taxonomy objectives - see explanatory note in the left hand margin. The full criteria for fossil gas and nuclear energy economic activities that comply with the EU Taxonomy are laid down in Commission Delegated Regulation (EU) 2022/1214.

What is the minimum share of investments in transitional and enabling activities?
The fund invests a minimum of 0% in transitional activities and a minimum of 0% in enabling activities.
What is the minimum share of sustainable investments with an environmental objective that are not aligned with the EU Taxonomy?
This question is not applicable as the fund does not intend to make sustainable investments.
What is the minimum share of socially sustainable investments?
This question is not applicable as the fund does not intend to make sustainable investments.
What investments are included under “#2 Other”, what is their purpose and are there any minimum environmental or social safeguards?
The remaining investments of the fund will be invested in assets aligned with the financial objective of the fund, cash and cash equivalents for liquidity purposes and derivatives which may be used for investment and efficient portfolio management.
As a minimum environmental and social safeguard, the fund will adhere to the Exclusions.

###### Is a specific index designated as a reference benchmark to determine whether this financial product is aligned with the environmental and/or social characteristics that it promotes?
An index has not been designated as a reference benchmark to determine whether this financial product is aligned with the environmental or social characteristics that it promotes.
Reference benchmarks are indexes to measure whether the financial product attains the environmental or social characteristics that they promote.
How is the reference benchmark continuously aligned with each of the environmental or social characteristics promoted by the financial product?
This question is not applicable.
How is the alignment of the investment strategy with the methodology of the index ensured on a continuous basis?
This question is not applicable.
How does the designated index differ from a relevant broad market index?
This question is not applicable.
Where can the methodology used for the calculation of the designated index be found?
This question is not applicable.

###### 	Where can I find more product specific information online?
More product-specific information can be found on the website: https:/www.fidelity.lu/funds/factsheet/LU2495143062/tab-disclosure#SFDR-disclosure. 
Further information on the methodologies set out herein is available on the website: Sustainable investing framework (fidelityinternational.com).
Pre-contractual disclosure for the financial products referred to in Article 8, paragraphs 1, 2 and 2a, of Regulation (EU) 2019/2088 and Article 6, first paragraph, of Regulation (EU) 2020/852
Product name:	Legal entity identifier:
Fidelity Funds - Sustainable Asian Bond Fund	25490016JMCH6V9O7111

###### Environmental and/or social characteristics
| Does this financial product have a sustainable investment objective? |
| --- |
|  | - Yes
 |  | No |
| - It will make a minimum of sustainable investments with an environmental objective:%
- in economic activities that qualify as environmentally sustainable under the EU Taxonomy
- in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
- It will make a minimum of sustainable investments with a social objective:%
 | It promotes Environmental/Social (E/S) characteristics and while it does not have as its objective a sustainable investment, it will have a minimum proportion of 10% of sustainable investments - with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomywith an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomywith a social objective
- It promotes E/S characteristics, but will not make any sustainable investments
 |

What environmental and/or social characteristics are promoted by this financial product?
Sustainability indicators measure how the environmental or social characteristics promoted by the financial product are attained.
The fund promotes environmental and social characteristics by investing in securities of issuers with favourable ESG characteristics. Favourable ESG characteristics are determined by reference to ESG ratings. ESG ratings consider environmental characteristics including carbon intensity, carbon emissions, energy efficiency, water and waste management and biodiversity, as well as social characteristics including product safety, supply chain, health and safety and human rights.
The fund partially intends to make sustainable investments.
No reference benchmark has been designated for the purpose of attaining the environmental and social characteristics promoted.
What sustainability indicators are used to measure the attainment of each of the environmental or social characteristics promoted by this financial product?
The fund uses the following sustainability indicators in order to measure the attainment of the environmental or social characteristics that it promotes:
- the percentage of the fund invested in securities of issuers with favourable ESG characteristics in accordance with Fidelity’s Sustainable Investing Framework;
- in respect of its direct investments, the percentage of the fund invested in securities of issuers with exposure to the Exclusions (as defined below);
- the percentage of the fund invested in sustainable investments;
- the percentage of the fund invested in sustainable investments with an environmental objective in economic activities (that do not qualify as environmentally sustainable under the EU Taxonomy); and
- the percentage of the fund invested in sustainable investments with a social objective.

What are the objectives of the sustainable investments that the financial product partially intends to make and how does the sustainable investment contribute to such objectives?
The fund determines a sustainable investment as an investment in securities of:
- issuers that undertake economic activities that contribute to one or more of the environmental objectives set out in the EU Taxonomy and qualify as environmentally sustainable in accordance with EU Taxonomy; or
- issuers whereby the majority of their business activities (more than 50% of revenue) contribute to environmental or social objectives aligned with one or more of the United Nations Sustainable Development Goals (“SDGs”); or
- issuers which have set a decarbonisation target consistent with a 1.5 degree warming scenario or lower (verified by the Science Based Target Initiative or a Fidelity Proprietary Climate Rating) which would be considered to contribute to environmental objectives;provided they do no significant harm, meet minimum safeguards and good governance criteria.

How do the sustainable investments that the financial product partially intends to make, not cause significant harm to any environmental or social sustainable investment objective?
Sustainable investments are screened for involvement in activities that cause significant harm and controversies, assessed through a check that the issuer meets minimum safeguards and standards that relate to principal adverse impacts (PAIs) as well as for performance on PAI metrics. This includes:
- Norms-based screens - the screening out of securities identified under Fidelity’s norms based screens (as set out below);
- Activity-based screens - the screening out of issuers based on their participation in activities with significant negative impacts on society or the environment, including issuers that are considered to have a ‘Very Severe’ controversy using controversy screens, covering
- environmental issues,
- human rights and communities,
- labour rights and supply chain,
- customers,
- governance; and
	- PAI indicators - quantitative data (where available) on PAI indicators is used to evaluate whether an issuer is involved in activities that cause significant harm to any environmental or social objective.


Principal adverse impacts are the most significant negative impacts of investment decisions on sustainability factors relating to environmental, social and employee matters, respect for human rights, anti- corruption and anti- bribery matters.
How have the indicators for adverse impacts on sustainability factors been taken into account?
For sustainable investments, as set out above, Fidelity undertakes a quantitative evaluation to identify issuers with challenging performance on PAI indicators. Issuers with a low score will be ineligible to be ‘sustainable investments’ unless Fidelity’s fundamental research determines that the issuer is not breaching “do no significant harm” requirements or is on the path to mitigate the adverse impacts through effective management or transition.
How are the sustainable investments aligned with the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights? Details:
Norms-based screens are applied: Issuers identified as failing to behave in a way which meets their fundamental responsibilities in the areas of human rights, labour, environmental and anti-corruption as aligned with international norms including those set out by the OECD Guidelines for Multinational Enterprises, the UN Guiding Principles on Business and Human Rights, the UN Global Compact (UNGC) and the International Labour Organisation (ILO) Conventions, are not considered sustainable investments.
The EU Taxonomy sets out a “do not significant harm” principle by which Taxonomy-aligned investments should not significantly harm EU Taxonomy objectives and is accompanied by specific EU criteria.
The “do no significant harm” principle applies only to those investments underlying the financial product that take into account the EU criteria for environmentally sustainable economic activities. The investments underlying the remaining portion of this financial product do not take into account the EU criteria for environmentally sustainable economic activities.
Any other sustainable investments must also not significantly harm any environmental or social objectives.

###### Does this financial product consider principal adverse impacts on sustainability factors?
Yes
- NoConsideration of the principal adverse impacts on sustainability factors of investment decisions (referred to as principal adverse impacts) is incorporated through a variety of tools, including:
- Due Diligence - analysis of whether impacts on sustainability factors are material and negative.
- ESG rating - Fidelity references ESG ratings which incorporate consideration of material principal adverse impacts such as carbon emissions, employee safety and bribery and corruption, water management and, for sovereign issued securities, ratings used incorporate consideration of material principal adverse impacts such as carbon emissions, social violations and freedom of expression.
- Exclusions - When investing directly in corporate issuers, the fund applies the Exclusions (as defined below) to help mitigate the principal adverse impacts through excluding harmful sectors and prohibiting investment in issuers that breach international standards, such as the UNGC.
- Engagement - Fidelity uses engagement as a tool to better understand principal adverse impacts and, in some circumstances, advocate for mitigating the principal adverse impacts. Fidelity participates in relevant individual and collaborative engagements that target a number of principal adverse impacts (i.e. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Voting - Fidelity’s voting policy includes explicit minimum standards for board gender diversity and engagement with climate change for corporate issuers. Fidelity may also vote to help mitigate principal adverse impacts.
- Quarterly reviews - monitoring of principal adverse impacts through the fund’s quarterly review process.

Fidelity takes into account specific indicators for each sustainability factor when considering whether investments have a principal adverse impact. These indicators are subject to data availability and may evolve with improving data quality and availability.
Information on principal adverse impacts will be available in the annual report of the fund.
The investment strategy guides investment decisions based on factors such as investments objectives and risk tolerance.

######  What investment strategy does this financial product follow?
The fund is part of the Fidelity Sustainable Family of funds and adopts a Sustainable Focused strategy under which a minimum of 70% of the fund’s assets will be invested in securities with favourable ESG characteristics.
Favourable ESG characteristics are determined by reference to ESG ratings provided by external agencies and Fidelity ESG ratings.
Issuers that are not assessed as having favourable ESG characteristics for the purposes of the primary objective (minimum 70% of assets) are eligible for inclusion, with up to 30% of assets, provided they are able to demonstrate that they are on an improving trajectory with respect to their ESG characteristics.
The fund aims to have a lower carbon footprint compared to that of the J.P. Morgan Asia Credit Index.
In respect of its direct investments, the fund is subject to:
- a firm-wide exclusions list, which includes cluster munitions and anti-personnel landmines; and
- a principle-based screening policy which includes:
	- norms-based screening of issuers which the Investment Manager considers have failed to conduct their business in accordance with international norms, including as set out in the UNGC; and
	- negative screening of certain sectors, issuers or practices based on specific ESG criteria where revenue thresholds may be applied.


The above exclusions and screens (the “Exclusions”) may be updated from time to time. Please refer to the website for further information Sustainable investing framework(fidelityinternational.com).
The Investment Manager also has discretion to implement enhanced, stricter sustainable requirements and exclusions from time to time.
What are the binding elements of the investment strategy used to select the investments to attain each of the environmental or social characteristics promoted by this financial product?
The fund will invest:
- a minimum of 70% of its assets in issuers with favourable ESG characteristics; and
- a minimum of 10% in sustainable investments of which a minimum of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 1% have a social objective.

In addition, the fund will systematically apply the Exclusions, as described above.
What is the committed minimum rate to reduce the scope of the investments considered prior to the application of that investment strategy?
This question is not applicable.
Good governance practices include sound management structures, employee relations, remuneration of staff and tax compliance.
What is the policy to assess good governance practices of the investee companies?
The governance practices of issuers are assessed using fundamental research, including as part of the ESG ratings provided by external agencies and Fidelity ESG ratings.
Key points that are analysed include track record of capital allocation, financial transparency, related party transactions, board independence and size, executive pay, auditors and internal oversight, minority shareholder rights, among other indicators. For sovereign issuers, factors such as corruption and freedom of expression are included.

###### What is the asset allocation planned for this financial product?
Asset allocation describes the share of investments in specific assets.
Taxonomy-aligned activities are expressed as a share of:
- turnover reflecting the share of revenue from green activities of investee companies
- capital expenditure (CapEx) showing the green investments made by investee companies,e.g. for a transition to a green economy.

- operational expenditure (OpEx) reflecting green operational activities of investee companies.
(#1 Aligned with E/S characteristics) The fund will invest:
- a minimum of 70% of its assets in securities of issuers with favourable ESG characteristics;
- a minimum of 10% of its assets in sustainable investments (#1A sustainable) of which a minimum of of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 1% have a social objective. The remaining sustainable investments of the fund may have an environmental or social objective.

(#1B Other E/S characteristics) Includes securities of issuers with favourable ESG characteristics but are not sustainable investments.
How does the use of derivatives attain the environmental or social characteristics promoted by the financial product?
Where the security underlying a derivative has favourable ESG characteristics in accordance with Fidelity's Sustainable Investing Framework, the derivative may be included in determining the proportion of the fund dedicated to promotion of environmental or social characteristics.
To what minimum extent are sustainable investments with an environmental objective aligned with the EU Taxonomy?
The fund invests a minimum of 0% in sustainable investments with an environmental objective aligned with the EU Taxonomy.
The compliance of the investments of the fund with the EU Taxonomy will not be subject to an assurance by auditors or a review by third parties.
The EU Taxonomy alignment of the underlying investments of the fund is measured by turnover.
Does the financial product invest in fossil gas and/or nuclear energy-related activities that comply with the EU Taxonomy¹?
- YesNo
- In fossil gas	In nuclear energyWhat is the minimum share of investments in transitional and enabling activities?

The fund invests a minimum of 0% in transitional activities and a minimum of 0% in enabling activities.
What is the minimum share of sustainable investments with an environmental objective that are not aligned with the EU Taxonomy?
The fund invests a minimum of 1% in sustainable investments with an environmental objective that is not aligned with the EU Taxonomy.
Investments could be aligned with the EU Taxonomy but the Investment Manager is not currently in a position to specify the exact proportion of the fund’s underlying investments which take into account the EU criteria for environmentally sustainable economic activities. However, the position will be kept under review as the underlying rules are finalised and the availability of reliable data increases over time.
¹Fossil gas and/or nuclear related activities will only comply with the EU Taxonomy where they contribute to limiting climate change (“climate change mitigation”) and do not significantly harm any EU Taxonomy objectives - see explanatory note in the left hand margin. The full criteria for fossil gas and nuclear energy economic activities that comply with the EU Taxonomy are laid down in Commission Delegated Regulation (EU) 2022/1214.
What is the minimum share of socially sustainable investments?
The fund invests a minimum of 1% in sustainable investments with a social objective.
What investments are included under “#2 Other”, what is their purpose and are there any minimum environmental or social safeguards?
The remaining investments of the fund may be invested in securities of issuers that are able to demonstrate that they are on an improving trajectory with respect to their ESG characteristics, as well as cash and cash equivalents for liquidity purposes and derivatives which may be used for investment and efficient portfolio management.
As a minimum environmental and social safeguard, the fund will adhere to the Exclusions.

###### Is a specific index designated as a reference benchmark to determine whether this financial product is aligned with the environmental and/or social characteristics that it promotes?
An index has not been designated as a reference benchmark to determine whether this financial product is aligned with the environmental or social characteristics that it promotes.
Reference benchmarks are indexes to measure whether the financial product attains the environmental or social characteristics that they promote.
How is the reference benchmark continuously aligned with each of the environmental or social characteristics promoted by the financial product?
This question is not applicable.
How is the alignment of the investment strategy with the methodology of the index ensured on a continuous basis?
This question is not applicable.
How does the designated index differ from a relevant broad market index?
This question is not applicable.
Where can the methodology used for the calculation of the designated index be found?
This question is not applicable.

###### 	Where can I find more product specific information online?
More product-specific information can be found on the website: https:/www.fidelity.lu/funds/factsheet/LU2386144906/tab-disclosure#SFDR-disclosure. 
Further information on the methodologies set out herein is available on the website: Sustainable investing framework (fidelityinternational.com).
Pre-contractual disclosure for the financial products referred to in Article 8, paragraphs 1, 2 and 2a, of Regulation (EU) 2019/2088 and Article 6, first paragraph, of Regulation (EU) 2020/852
Product name:	Legal entity identifier:
Fidelity Funds - China RMB Bond Fund	5493005X6HEWY2HZVZ41

###### Environmental and/or social characteristics
| Does this financial product have a sustainable investment objective? |
| --- |
|  | - Yes
 |  | No |
| - It will make a minimum of sustainable investments with an environmental objective:%
- in economic activities that qualify as environmentally sustainable under the EU Taxonomy
- in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
- It will make a minimum of sustainable investments with a social objective:%
 | It promotes Environmental/Social (E/S) characteristics and while it does not have as its objective a sustainable investment, it will have a minimum proportion of 5% of sustainable investments - with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomywith an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomywith a social objective
- It promotes E/S characteristics, but will not make any sustainable investments
 |

What environmental and/or social characteristics are promoted by this financial product?
Sustainability indicators measure how the environmental or social characteristics promoted by the financial product are attained.
The fund promotes environmental and social characteristics by investing in securities of issuers with favourable ESG characteristics. Favourable ESG characteristics are determined by reference to ESG ratings. ESG ratings consider environmental characteristics including carbon intensity, carbon emissions, energy efficiency, water and waste management and biodiversity, as well as social characteristics including product safety, supply chain, health and safety and human rights.
The fund partially intends to make sustainable investments.
No reference benchmark has been designated for the purpose of attaining the environmental and social characteristics promoted.
What sustainability indicators are used to measure the attainment of each of the environmental or social characteristics promoted by this financial product?
The fund uses the following sustainability indicators in order to measure the attainment of the environmental or social characteristics that it promotes:
- the percentage of the fund invested in securities of issuers with favourable ESG characteristics in accordance with Fidelity’s Sustainable Investing Framework;
- the percentage of the fund invested in securities of issuers with exposure to the Exclusions (as defined below);
- the percentage of the fund invested in sustainable investments;
- the percentage of the fund invested in sustainable investments with an environmental objective in economic activities (that do not qualify as environmentally sustainable under the EU Taxonomy); and
- the percentage of the fund invested in sustainable investments with a social objective.

What are the objectives of the sustainable investments that the financial product partially intends to make and how does the sustainable investment contribute to such objectives?
The fund determines a sustainable investment as an investment in securities of:
- issuers that undertake economic activities that contribute to one or more of the environmental objectives set out in the EU Taxonomy and qualify as environmentally sustainable in accordance with EU Taxonomy; or
- issuers whereby the majority of their business activities (more than 50% of revenue) contribute to environmental or social objectives aligned with one or more of the United Nations Sustainable Development Goals (“SDGs”); or
- issuers which have set a decarbonisation target consistent with a 1.5 degree warming scenario or lower (verified by the Science Based Target Initiative or a Fidelity Proprietary Climate Rating) which would be considered to contribute to environmental objectives;provided they do no significant harm, meet minimum safeguards and good governance criteria.

How do the sustainable investments that the financial product partially intends to make, not cause significant harm to any environmental or social sustainable investment objective?
Sustainable investments are screened for involvement in activities that cause significant harm and controversies, assessed through a check that the issuer meets minimum safeguards and standards that relate to principal adverse impacts (PAIs) as well as performance on PAI metrics. This includes:
- Norms-based screens - the screening out of securities identified under Fidelity’s existing norms-based screens (as set out below);
- Activity-based screens - the screening out of issuers based on their participation in activities with significant negative impacts on society or the environment, including issuers that are considered to have a ‘Very Severe’ controversy using controversy screens, covering
- environmental issues,
- human rights and communities,
- labour rights and supply chain,
- customers,
- governance; and
	- PAI indicators - quantitative data (where available) on PAI indicators is used to evaluate whether an issuer is involved in activities that cause significant harm to any environmental or social objective.


Principal adverse impacts are the most significant negative impacts of investment decisions on sustainability factors relating to environmental, social and employee matters, respect for human rights, anti- corruption and anti- bribery matters.
How have the indicators for adverse impacts on sustainability factors been taken into account?
For sustainable investments, as set out above, Fidelity undertakes a quantitative evaluation to identify issuers with challenging performance on PAI indicators. Issuers with a low score will be ineligible to be ‘sustainable investments’ unless Fidelity’s fundamental research determines that the issuer is not breaching “do no significant harm” requirements or is on the path to mitigate the adverse impacts through effective management or transition.
How are the sustainable investments aligned with the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights? Details:
Norms-based screens are applied: Issuers identified as failing to behave in a way which meets their fundamental responsibilities in the areas of human rights, labour, environmental and anti-corruption as aligned with international norms including those set out by the OECD Guidelines for Multinational Enterprises, the UN Guiding Principles on Business and Human Rights, the UN Global Compact (UNGC) and the International Labour Organisation (ILO) Conventions, are not considered sustainable investments.
The EU Taxonomy sets out a “do not significant harm” principle by which Taxonomy-aligned investments should not significantly harm EU Taxonomy objectives and is accompanied by specific EU criteria.
The “do no significant harm” principle applies only to those investments underlying the financial product that take into account the EU criteria for environmentally sustainable economic activities. The investments underlying the remaining portion of this financial product do not take into account the EU criteria for environmentally sustainable economic activities.
Any other sustainable investments must also not significantly harm any environmental or social objectives.

###### Does this financial product consider principal adverse impacts on sustainability factors?
Yes
- NoConsideration of the principal adverse impacts on sustainability factors of investment decisions (referred to as principal adverse impacts) is incorporated through a variety of tools, including:
- Due Diligence - analysis of whether impacts on sustainability factors are material and negative.
- ESG rating - Fidelity references ESG ratings which incorporate consideration of material principal adverse impacts such as carbon emissions, employee safety and bribery and corruption, water management and, for sovereign issued securities, ratings used incorporate consideration of material principal adverse impacts such as carbon emissions, social violations and freedom of expression.
- Exclusions - When investing directly in corporate issuers, the fund applies the Exclusions (as defined below) to help mitigate the principal adverse impacts through excluding harmful sectors and prohibiting investment in issuers that breach international standards, such as the UNGC.
- Engagement - Fidelity uses engagement as a tool to better understand principal adverse impacts and, in some circumstances, advocate for mitigating the principal adverse impacts. Fidelity participates in relevant individual and collaborative engagements that target a number of principal adverse impacts (i.e. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Voting - Fidelity’s voting policy includes explicit minimum standards for board gender diversity and engagement with climate change for corporate issuers. Fidelity may also vote to help mitigate principal adverse impacts.
- Quarterly reviews - monitoring of principal adverse impacts through the fund’s quarterly review process.

Fidelity takes into account specific indicators for each sustainability factor when considering whether investments have a principal adverse impact. These indicators are subject to data availability and may evolve with improving data quality and availability.
Information on principal adverse impacts will be available in the annual report of the fund.
The investment strategy guides investment decisions based on factors such as investments objectives and risk tolerance.

######  What investment strategy does this financial product follow?
A minimum of 50% of the fund’s assets will be invested in securities with favourable ESG characteristics.
Favourable ESG characteristics are determined by reference to ESG ratings provided by external agencies and Fidelity ESG ratings.
In respect of its direct investment in corporate issuers, the fund is subject to:
- a firm-wide exclusions list, which includes cluster munitions and anti-personnel landmines; and
- norms-based screening of issuers which the Investment Manager considers have failed to conduct their business in accordance with international norms, including as set out in the UNGC.

The above exclusions and screens (the “Exclusions”) may be updated from time to time. Please refer to the website for further information Sustainable investing framework(fidelityinternational.com).
The Investment Manager also has discretion to implement enhanced, stricter sustainable requirements and exclusions from time to time.
What are the binding elements of the investment strategy used to select the investments to attain each of the environmental or social characteristics promoted by this financial product?
The fund will invest:
- a minimum of 50% of its assets in issuers with favourable ESG characteristics;
- a minimum of 5% in sustainable investments of which a minimum of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 1% have a social objective.

In addition, the fund will apply the Exclusions, as described above, to all direct investments in corporate issuers.
What is the committed minimum rate to reduce the scope of the investments considered prior to the application of that investment strategy?
This question is not applicable.
Good governance practices include sound management structures, employee relations, remuneration of staff and tax compliance.
What is the policy to assess good governance practices of the investee companies?
The governance practices of issuers are assessed using fundamental research, including as part of the ESG ratings provided by external agencies or Fidelity ESG ratings.
Key points that are analysed include track record of capital allocation, financial transparency, related party transactions, board independence and size, executive pay, auditors and internal oversight, minority shareholder rights, among other indicators. For sovereign issuers, factors such as corruption and freedom of expression are included.
Asset allocation describes the share of investments in specific assets.
Taxonomy-aligned activities are expressed as a share of:
- turnover reflecting the share of revenue from green activities of investee companies
- capital expenditure (CapEx) showing the green investments made by investee companies,e.g. for a transition to a green economy.

- operational expenditure (OpEx) reflecting green operational activities of investee companies.

###### 	What is the asset allocation planned for this financial product?
(#1 Aligned with E/S characteristics) The fund will invest:
- a minimum of 50% of its assets in securities of issuers with favourable ESG characteristics;
- a minimum of 5% of its assets in sustainable investments (#1A sustainable) of which a minimum of of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 1% have a social objective. The remaining sustainable investments of the fund may have an environmental or social objective.

(#1B Other E/S characteristics) Includes securities of issuers with favourable ESG characteristics but are not sustainable investments.
How does the use of derivatives attain the environmental or social characteristics promoted by the financial product?
Where the security underlying a derivative has favourable ESG characteristics in accordance with Fidelity's Sustainable Investing Framework, the derivative may be included in determining the proportion of the fund dedicated to promotion of environmental or social characteristics.
To what minimum extent are sustainable investments with an environmental objective aligned with the EU Taxonomy?
The fund invests a minimum of 0% in sustainable investments with an environmental objective aligned with the EU Taxonomy.
The compliance of the investments of the fund with the EU Taxonomy will not be subject to an assurance by auditors or a review by third parties.
The EU Taxonomy alignment of the underlying investments of the fund is measured by turnover.
Does the financial product invest in fossil gas and/or nuclear energy-related activities that comply with the EU Taxonomy¹?
- YesNo
- In fossil gas	In nuclear energyWhat is the minimum share of investments in transitional and enabling activities?

The fund invests a minimum of 0% in transitional activities and a minimum of 0% in enabling activities.
What is the minimum share of sustainable investments with an environmental objective that are not aligned with the EU Taxonomy?
The fund invests a minimum of 1% in sustainable investments with an environmental objective that is not aligned with the EU Taxonomy.
Investments could be aligned with the EU Taxonomy but the Investment Manager is not currently in a position to specify the exact proportion of the fund’s underlying investments which take into account the EU criteria for environmentally sustainable economic activities. However, the position will be kept under review as the underlying rules are finalised and the availability of reliable data increases over time.
¹Fossil gas and/or nuclear related activities will only comply with the EU Taxonomy where they contribute to limiting climate change (“climate change mitigation”) and do not significantly harm any EU Taxonomy objectives - see explanatory note in the left hand margin. The full criteria for fossil gas and nuclear energy economic activities that comply with the EU Taxonomy are laid down in Commission Delegated Regulation (EU) 2022/1214.
What is the minimum share of socially sustainable investments?
The fund invests a minimum of 1% in sustainable investments with a social objective.
What investments are included under “#2 Other”, what is their purpose and are there any minimum environmental or social safeguards?
The remaining investments of the fund will be invested in assets aligned with the financial objective of the fund, cash and cash equivalents for liquidity purposes and derivatives which may be used for investment and efficient portfolio management.
As a minimum environmental and social safeguard, the fund will adhere to the Exclusions.

###### Is a specific index designated as a reference benchmark to determine whether this financial product is aligned with the environmental and/or social characteristics that it promotes?
An index has not been designated as a reference benchmark to determine whether this financial product is aligned with the environmental or social characteristics that it promotes.
Reference benchmarks are indexes to measure whether the financial product attains the environmental or social characteristics that they promote.
How is the reference benchmark continuously aligned with each of the environmental or social characteristics promoted by the financial product?
This question is not applicable.
How is the alignment of the investment strategy with the methodology of the index ensured on a continuous basis?
This question is not applicable.
How does the designated index differ from a relevant broad market index?
This question is not applicable.
Where can the methodology used for the calculation of the designated index be found?
This question is not applicable.

###### 	Where can I find more product specific information online?
More product-specific information can be found on the website: https:/www.fidelity.lu/funds/factsheet/LU0740036131/tab-disclosure#SFDR-disclosure. 
Further information on the methodologies set out herein is available on the website: Sustainable investing framework (fidelityinternational.com).
Pre-contractual disclosure for the financial products referred to in Article 8, paragraphs 1, 2 and 2a, of Regulation (EU) 2019/2088 and Article 6, first paragraph, of Regulation (EU) 2020/852
Product name:	Legal entity identifier:
Fidelity Funds - Emerging Market Corporate Debt Fund	549300CUU5R1E8GYA005

###### Environmental and/or social characteristics
| Does this financial product have a sustainable investment objective? |
| --- |
|  | - Yes
 |  | No |
| - It will make a minimum of sustainable investments with an environmental objective:%
- in economic activities that qualify as environmentally sustainable under the EU Taxonomy
- in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
- It will make a minimum of sustainable investments with a social objective:%
 | It promotes Environmental/Social (E/S) characteristics and while it does not have as its objective a sustainable investment, it will have a minimum proportion of 5% of sustainable investments - with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomywith an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomywith a social objective
- It promotes E/S characteristics, but will not make any sustainable investments
 |

What environmental and/or social characteristics are promoted by this financial product?
Sustainability indicators measure how the environmental or social characteristics promoted by the financial product are attained.
The fund promotes environmental and social characteristics by investing in securities of issuers with favourable ESG characteristics. Favourable ESG characteristics are determined by reference to ESG ratings. ESG ratings consider environmental characteristics including carbon intensity, carbon emissions, energy efficiency, water and waste management and biodiversity, as well as social characteristics including product safety, supply chain, health and safety and human rights.
The fund partially intends to make sustainable investments.
No reference benchmark has been designated for the purpose of attaining the environmental and social characteristics promoted.
What sustainability indicators are used to measure the attainment of each of the environmental or social characteristics promoted by this financial product?
The fund uses the following sustainability indicators in order to measure the attainment of the environmental or social characteristics that it promotes:
- the percentage of the fund invested in securities of issuers with favourable ESG characteristics in accordance with Fidelity’s Sustainable Investing Framework;
- the percentage of the fund invested in securities of issuers with exposure to the Exclusions (as defined below);
- the percentage of the fund invested in sustainable investments;
- the percentage of the fund invested in sustainable investments with an environmental objective in economic activities (that do not qualify as environmentally sustainable under the EU Taxonomy); and
- the percentage of the fund invested in sustainable investments with a social objective.

What are the objectives of the sustainable investments that the financial product partially intends to make and how does the sustainable investment contribute to such objectives?
The fund determines a sustainable investment as an investment in securities of:
- issuers that undertake economic activities that contribute to one or more of the environmental objectives set out in the EU Taxonomy and qualify as environmentally sustainable in accordance with EU Taxonomy; or
- issuers whereby the majority of their business activities (more than 50% of revenue) contribute to environmental or social objectives aligned with one or more of the United Nations Sustainable Development Goals (“SDGs”); or
- issuers which have set a decarbonisation target consistent with a 1.5 degree warming scenario or lower (verified by the Science Based Target Initiative or a Fidelity Proprietary Climate Rating) which would be considered to contribute to environmental objectives;provided they do no significant harm, meet minimum safeguards and good governance criteria.

How do the sustainable investments that the financial product partially intends to make, not cause significant harm to any environmental or social sustainable investment objective?
Sustainable investments are screened for involvement in activities that cause significant harm and controversies, assessed through a check that the issuer meets minimum safeguards and standards that relate to principal adverse impacts (PAIs) as well as for performance on PAI metrics. This includes:
- Norms-based screens - the screening out of securities identified under Fidelity’s existing norms-based screens (as set out below);
- Activity-based screens - the screening out of issuers based on their participation in activities with significant negative impacts on society or the environment, including issuers that are considered to have a ‘Very Severe’ controversy using controversy screens, covering
- environmental issues,
- human rights and communities,
- labour rights and supply chain,
- customers,
- governance; and
	- PAI indicators - quantitative data (where available) on PAI indicators is used to evaluate whether an issuer is involved in activities that cause significant harm to any environmental or social objective.


Principal adverse impacts are the most significant negative impacts of investment decisions on sustainability factors relating to environmental, social and employee matters, respect for human rights, anti- corruption and anti- bribery matters.
How have the indicators for adverse impacts on sustainability factors been taken into account?
For sustainable investments, as set out above, Fidelity undertakes a quantitative evaluation to identify issuers with challenging performance on PAI indicators. Issuers with a low score will be ineligible to be ‘sustainable investments’ unless Fidelity’s fundamental research determines that the issuer is not breaching “do no significant harm” requirements or is on the path to mitigate the adverse impacts through effective management or transition.
How are the sustainable investments aligned with the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights? Details:
Norms-based screens are applied: Issuers identified as failing to behave in a way which meets their fundamental responsibilities in the areas of human rights, labour, environmental and anti-corruption as aligned with international norms including those set out by the OECD Guidelines for Multinational Enterprises, the UN Guiding Principles on Business and Human Rights, the UN Global Compact (UNGC) and the International Labour Organisation (ILO) Conventions, are not considered sustainable investments.
The EU Taxonomy sets out a “do not significant harm” principle by which Taxonomy-aligned investments should not significantly harm EU Taxonomy objectives and is accompanied by specific EU criteria.
The “do no significant harm” principle applies only to those investments underlying the financial product that take into account the EU criteria for environmentally sustainable economic activities. The investments underlying the remaining portion of this financial product do not take into account the EU criteria for environmentally sustainable economic activities.
Any other sustainable investments must also not significantly harm any environmental or social objectives.

###### Does this financial product consider principal adverse impacts on sustainability factors?
Yes
- NoConsideration of the principal adverse impacts on sustainability factors of investment decisions (referred to as principal adverse impacts) is incorporated through a variety of tools, including:
- Due Diligence - analysis of whether impacts on sustainability factors are material and negative.
- ESG rating - Fidelity references ESG ratings which incorporate consideration of material principal adverse impacts such as carbon emissions, employee safety and bribery and corruption, water management and, for sovereign issued securities, ratings used incorporate consideration of material principal adverse impacts such as carbon emissions, social violations and freedom of expression.
- Exclusions - When investing directly in corporate issuers, the fund applies the Exclusions (as defined below) to help mitigate the principal adverse impacts through excluding harmful sectors and prohibiting investment in issuers that breach international standards, such as the UNGC.
- Engagement - Fidelity uses engagement as a tool to better understand principal adverse impacts and, in some circumstances, advocate for mitigating the principal adverse impacts. Fidelity participates in relevant individual and collaborative engagements that target a number of principal adverse impacts (i.e. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Voting - Fidelity’s voting policy includes explicit minimum standards for board gender diversity and engagement with climate change for corporate issuers. Fidelity may also vote to help mitigate principal adverse impacts.
- Quarterly reviews - monitoring of principal adverse impacts through the fund’s quarterly review process.

Fidelity takes into account specific indicators for each sustainability factor when considering whether investments have a principal adverse impact. These indicators are subject to data availability and may evolve with improving data quality and availability.
Information on principal adverse impacts will be available in the annual report of the fund.
The investment strategy guides investment decisions based on factors such as investments objectives and risk tolerance.

######  What investment strategy does this financial product follow?
A minimum of 50% of the fund’s assets will be invested in securities with favourable ESG characteristics.
Favourable ESG characteristics are determined by reference to ESG ratings provided by external agencies and Fidelity ESG ratings.
In respect of its direct investment in corporate issuers, the fund is subject to:
- a firm-wide exclusions list, which includes cluster munitions and anti-personnel landmines; and
- norms-based screening of issuers which the Investment Manager considers have failed to conduct their business in accordance with international norms, including as set out in the UNGC.

The above exclusions and screens (the “Exclusions”) may be updated from time to time. Please refer to the website for further information Sustainable investing framework(fidelityinternational.com).
The Investment Manager also has discretion to implement enhanced, stricter sustainable requirements and exclusions from time to time.
What are the binding elements of the investment strategy used to select the investments to attain each of the environmental or social characteristics promoted by this financial product?
The fund will invest:
- a minimum of 50% of its assets in issuers with favourable ESG characteristics;
- a minimum of 5% in sustainable investments of which a minimum of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 1% have a social objective.

In addition, the fund will apply the Exclusions, as described above, to all direct investments in corporate issuers.
What is the committed minimum rate to reduce the scope of the investments considered prior to the application of that investment strategy?
This question is not applicable.
Good governance practices include sound management structures, employee relations, remuneration of staff and tax compliance.
What is the policy to assess good governance practices of the investee companies?
The governance practices of issuers are assessed using fundamental research, including as part of the ESG ratings provided by external agencies or Fidelity ESG ratings.
Key points that are analysed include track record of capital allocation, financial transparency, related party transactions, board independence and size, executive pay, auditors and internal oversight, minority shareholder rights, among other indicators. For sovereign issuers, factors such as corruption and freedom of expression are included.
Asset allocation describes the share of investments in specific assets.
Taxonomy-aligned activities are expressed as a share of:
- turnover reflecting the share of revenue from green activities of investee companies
- capital expenditure (CapEx) showing the green investments made by investee companies,e.g. for a transition to a green economy.

- operational expenditure (OpEx) reflecting green operational activities of investee companies.

###### 	What is the asset allocation planned for this financial product?
(#1 Aligned with E/S characteristics) The fund will invest:
- a minimum of 50% of its assets in securities of issuers with favourable ESG characteristics;
- a minimum of 5% of its assets in sustainable investments (#1A sustainable) of which a minimum of of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 1% have a social objective. The remaining sustainable investments of the fund may have an environmental or social objective.

(#1B Other E/S characteristics) Includes securities of issuers with favourable ESG characteristics but are not sustainable investments.
How does the use of derivatives attain the environmental or social characteristics promoted by the financial product?
Where the security underlying a derivative has favourable ESG characteristics in accordance with Fidelity's Sustainable Investing Framework, the derivative may be included in determining the proportion of the fund dedicated to promotion of environmental or social characteristics.
To what minimum extent are sustainable investments with an environmental objective aligned with the EU Taxonomy?
The fund invests a minimum of 0% in sustainable investments with an environmental objective aligned with the EU Taxonomy.
The compliance of the investments of the fund with the EU Taxonomy will not be subject to an assurance by auditors or a review by third parties.
The EU Taxonomy alignment of the underlying investments of the fund is measured by turnover.
Does the financial product invest in fossil gas and/or nuclear energy-related activities that comply with the EU Taxonomy¹?
- YesNo
- In fossil gas	In nuclear energyWhat is the minimum share of investments in transitional and enabling activities?

The fund invests a minimum of 0% in transitional activities and a minimum of 0% in enabling activities.
What is the minimum share of sustainable investments with an environmental objective that are not aligned with the EU Taxonomy?
The fund invests a minimum of 1% in sustainable investments with an environmental objective that is not aligned with the EU Taxonomy.
Investments could be aligned with the EU Taxonomy but the Investment Manager is not currently in a position to specify the exact proportion of the fund’s underlying investments which take into account the EU criteria for environmentally sustainable economic activities. However, the position will be kept under review as the underlying rules are finalised and the availability of reliable data increases over time.
¹Fossil gas and/or nuclear related activities will only comply with the EU Taxonomy where they contribute to limiting climate change (“climate change mitigation”) and do not significantly harm any EU Taxonomy objectives - see explanatory note in the left hand margin. The full criteria for fossil gas and nuclear energy economic activities that comply with the EU Taxonomy are laid down in Commission Delegated Regulation (EU) 2022/1214.
What is the minimum share of socially sustainable investments?
The fund invests a minimum of 1% in sustainable investments with a social objective.
What investments are included under “#2 Other”, what is their purpose and are there any minimum environmental or social safeguards?
The remaining investments of the fund will be invested in assets aligned with the financial objective of the fund, cash and cash equivalents for liquidity purposes and derivatives which may be used for investment and efficient portfolio management.
As a minimum environmental and social safeguard, the fund will adhere to the Exclusions.

###### Is a specific index designated as a reference benchmark to determine whether this financial product is aligned with the environmental and/or social characteristics that it promotes?
An index has not been designated as a reference benchmark to determine whether this financial product is aligned with the environmental or social characteristics that it promotes.
Reference benchmarks are indexes to measure whether the financial product attains the environmental or social characteristics that they promote.
How is the reference benchmark continuously aligned with each of the environmental or social characteristics promoted by the financial product?
This question is not applicable.
How is the alignment of the investment strategy with the methodology of the index ensured on a continuous basis?
This question is not applicable.
How does the designated index differ from a relevant broad market index?
This question is not applicable.
Where can the methodology used for the calculation of the designated index be found?
This question is not applicable.

###### 	Where can I find more product specific information online?
More product-specific information can be found on the website: https:/www.fidelity.lu/funds/factsheet/LU0900495697/tab-disclosure#SFDR-disclosure. 
Further information on the methodologies set out herein is available on the website: Sustainable investing framework (fidelityinternational.com).
Pre-contractual disclosure for the financial products referred to in Article 8, paragraphs 1, 2 and 2a, of Regulation (EU) 2019/2088 and Article 6, first paragraph, of Regulation (EU) 2020/852
Product name:	Legal entity identifier:
Fidelity Funds - Emerging Market Debt Fund	549300JD9HLR74D69D63

###### Environmental and/or social characteristics
| Does this financial product have a sustainable investment objective? |
| --- |
|  | - Yes
 |  | No |
| - It will make a minimum of sustainable investments with an environmental objective:%
- in economic activities that qualify as environmentally sustainable under the EU Taxonomy
- in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
- It will make a minimum of sustainable investments with a social objective:%
 | - It promotes Environmental/Social (E/S) characteristics and while it does not have as its objective a sustainable investment, it will have a minimum proportion of % of sustainable investments
	- with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomy
	- with an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
	- with a social objectiveIt promotes E/S characteristics, but will not make any sustainable investments

 |

What environmental and/or social characteristics are promoted by this financial product?
Sustainability indicators measure how the environmental or social characteristics promoted by the financial product are attained.
The fund promotes environmental and social characteristics by investing in securities of issuers with favourable ESG characteristics. Favourable ESG characteristics are determined by reference to ESG ratings. ESG ratings consider environmental characteristics including carbon intensity, carbon emissions, energy efficiency, water and waste management and biodiversity, as well as social characteristics including product safety, supply chain, health and safety and human rights.
No reference benchmark has been designated for the purpose of attaining the environmental and social characteristics promoted.
What sustainability indicators are used to measure the attainment of each of the environmental or social characteristics promoted by this financial product?
The fund uses the following sustainability indicators in order to measure the attainment of the environmental or social characteristics that it promotes:
- the percentage of the fund invested in securities of issuers having favourable ESG characteristics in accordance with Fidelity’s Sustainable Investing Framework; and
- the percentage of the fund invested in securities of corporate issuers with exposure to the Exclusions (as defined below).

What are the objectives of the sustainable investments that the financial product partially intends to make and how does the sustainable investment contribute to such objectives?
This question is not applicable as the fund does not intend to make sustainable investments.
How do the sustainable investments that the financial product partially intends to make, not cause significant harm to any environmental or social sustainable investment objective?
This question is not applicable as the fund does not intend to make sustainable investments.
Principal adverse impacts are the most significant negative impacts of investment decisions on sustainability factors relating to environmental, social and employee matters, respect for human rights, anti- corruption and anti- bribery matters.
How have the indicators for adverse impacts on sustainability factors been taken into account?
This question is not applicable.
How are the sustainable investments aligned with the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights? Details:
This question is not applicable.
The EU Taxonomy sets out a “do not significant harm” principle by which Taxonomy-aligned investments should not significantly harm EU Taxonomy objectives and is accompanied by specific EU criteria.
The “do no significant harm” principle applies only to those investments underlying the financial product that take into account the EU criteria for environmentally sustainable economic activities. The investments underlying the remaining portion of this financial product do not take into account the EU criteria for environmentally sustainable economic activities.
Any other sustainable investments must also not significantly harm any environmental or social objectives.

###### Does this financial product consider principal adverse impacts on sustainability factors?
Yes
- NoConsideration of the principal adverse impacts on sustainability factors of investment decisions (referred to as principal adverse impacts) is incorporated through a variety of tools, including:
- Due Diligence - analysis of whether impacts on sustainability factors are material and negative.
- ESG rating - Fidelity references ESG ratings which incorporate consideration of material principal adverse impacts such as carbon emissions, employee safety and bribery and corruption, water management and, for sovereign issued securities, ratings used incorporate consideration of material principal adverse impacts such as carbon emissions, social violations and freedom of expression.
- Exclusions - When investing directly in corporate issuers, the fund applies the Exclusions (as defined below) to help mitigate the principal adverse impacts through excluding harmful sectors and prohibiting investment in issuers that breach international standards, such as the UNGC.
- Engagement - Fidelity uses engagement as a tool to better understand principal adverse impacts and, in some circumstances, advocate for mitigating the principal adverse impacts. Fidelity participates in relevant individual and collaborative engagements that target a number of principal adverse impacts (i.e. Climate Action 100+, Investors Against Slavery and TraffickingAPAC).
- Voting - Fidelity’s voting policy includes explicit minimum standards for board gender diversity and engagement with climate change for corporate issuers. Fidelity may also vote to help mitigate principal adverse impacts.
- Quarterly reviews - monitoring of principal adverse impacts through the fund’s quarterly review process.

Fidelity takes into account specific indicators for each sustainability factor when considering whether investments have a principal adverse impact. These indicators are subject to data availability and may evolve with improving data quality and availability.
Information on principal adverse impacts will be available in the annual report of the fund.
The investment strategy guides investment decisions based on factors such as investments objectives and risk tolerance.

######  What investment strategy does this financial product follow?
A minimum of 50% of the fund’s assets will be invested in securities with favourable ESG characteristics.
Favourable ESG characteristics are determined by reference to ESG ratings provided by external agencies and Fidelity ESG ratings.
In respect of its direct investment in corporate issuers, the fund is subject to:
- a firm-wide exclusions list, which includes cluster munitions and anti-personnel landmines; and
- norms-based screening of issuers which the Investment Manager considers have failed to conduct their business in accordance with international norms, including as set out in the UNGC.

The above exclusions and screens (the “Exclusions”) may be updated from time to time. Please refer to the website for further information Sustainable investing framework(fidelityinternational.com).
The Investment Manager also has discretion to implement enhanced, stricter sustainable requirements and exclusions from time to time.
What are the binding elements of the investment strategy used to select the investments to attain each of the environmental or social characteristics promoted by this financial product?
The fund will invest a minimum of 50% of its assets in issuers with favourable ESG characteristics.
In addition, the fund will apply the Exclusions, as described above, to all direct investments in corporate issuers.
What is the committed minimum rate to reduce the scope of the investments considered prior to the application of that investment strategy?
This question is not applicable.
Good governance practices include sound management structures, employee relations, remuneration of staff and tax compliance.
What is the policy to assess good governance practices of the investee companies?
The governance practices of issuers are assessed using fundamental research, including as part of the ESG ratings provided by external agencies or Fidelity ESG ratings.
Key points that are analysed include track record of capital allocation, financial transparency, related party transactions, board independence and size, executive pay, auditors and internal oversight, minority shareholder rights, among other indicators. For sovereign issuers, factors such as corruption and freedom of expression are included.
Asset allocation describes the share of investments in specific assets.
Taxonomy-aligned activities are expressed as a share of:
- turnover reflecting the share of revenue from green activities of investee companies
- capital expenditure (CapEx) showing the green investments made by investee companies,e.g. for a transition to a green economy.

- operational expenditure (OpEx) reflecting green operational activities of investee companies.

###### 	What is the asset allocation planned for this financial product?
(#1 Aligned with E/S characteristics) The fund will invest a minimum of 50% of its assets in securities of issuers with favourable ESG characteristics.
How does the use of derivatives attain the environmental or social characteristics promoted by the financial product?
Where the security underlying a derivative has favourable ESG characteristics in accordance with Fidelity's Sustainable Investing Framework, the derivative may be included in determining the proportion of the fund dedicated to promotion of environmental or social characteristics.
To what minimum extent are sustainable investments with an environmental objective aligned with the EU Taxonomy?
The fund invests a minimum of 0% in sustainable investments with an environmental objective aligned with the EU Taxonomy.
The compliance of the investments of the fund with the EU Taxonomy will not be subject to an assurance by auditors or a review by third parties.
The EU Taxonomy alignment of the underlying investments of the fund is measured by turnover.
Does the financial product invest in fossil gas and/or nuclear energy-related activities that comply with the EU Taxonomy¹?
- YesNo
- In fossil gas	In nuclear energy¹Fossil gas and/or nuclear related activities will only comply with the EU Taxonomy where they contribute to limiting climate change (“climate change mitigation”) and do not significantly harm any EU Taxonomy objectives - see explanatory note in the left hand margin. The full criteria for fossil gas and nuclear energy economic activities that comply with the EU Taxonomy are laid down in Commission Delegated Regulation (EU) 2022/1214.

What is the minimum share of investments in transitional and enabling activities?
The fund invests a minimum of 0% in transitional activities and a minimum of 0% in enabling activities.
What is the minimum share of sustainable investments with an environmental objective that are not aligned with the EU Taxonomy?
This question is not applicable as the fund does not intend to make sustainable investments.
What is the minimum share of socially sustainable investments?
This question is not applicable as the fund does not intend to make sustainable investments.
What investments are included under “#2 Other”, what is their purpose and are there any minimum environmental or social safeguards?
The remaining investments of the fund will be invested in assets aligned with the financial objective of the fund, cash and cash equivalents for liquidity purposes and derivatives which may be used for investment and efficient portfolio management.
As a minimum environmental and social safeguard, the fund will adhere to the Exclusions.

###### Is a specific index designated as a reference benchmark to determine whether this financial product is aligned with the environmental and/or social characteristics that it promotes?
An index has not been designated as a reference benchmark to determine whether this financial product is aligned with the environmental or social characteristics that it promotes.
Reference benchmarks are indexes to measure whether the financial product attains the environmental or social characteristics that they promote.
How is the reference benchmark continuously aligned with each of the environmental or social characteristics promoted by the financial product?
This question is not applicable.
How is the alignment of the investment strategy with the methodology of the index ensured on a continuous basis?
This question is not applicable.
How does the designated index differ from a relevant broad market index?
This question is not applicable.
Where can the methodology used for the calculation of the designated index be found?
This question is not applicable.

###### 	Where can I find more product specific information online?
More product-specific information can be found on the website: https:/www.fidelity.lu/funds/factsheet/LU0238205289/tab-disclosure#SFDR-disclosure. 
Further information on the methodologies set out herein is available on the website: Sustainable investing framework (fidelityinternational.com).
Pre-contractual disclosure for the financial products referred to in Article 8, paragraphs 1, 2 and 2a, of Regulation (EU) 2019/2088 and Article 6, first paragraph, of Regulation (EU) 2020/852
Product name:	Legal entity identifier:
Fidelity Funds - Emerging Market Local Currency Debt Fund	54930069WRF2L8MHEJ66

###### Environmental and/or social characteristics
| Does this financial product have a sustainable investment objective? |
| --- |
|  | - Yes
 |  | No |
| - It will make a minimum of sustainable investments with an environmental objective:%
- in economic activities that qualify as environmentally sustainable under the EU Taxonomy
- in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
- It will make a minimum of sustainable investments with a social objective:%
 | - It promotes Environmental/Social (E/S) characteristics and while it does not have as its objective a sustainable investment, it will have a minimum proportion of % of sustainable investments
	- with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomy
	- with an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
	- with a social objectiveIt promotes E/S characteristics, but will not make any sustainable investments

 |

What environmental and/or social characteristics are promoted by this financial product?
Sustainability indicators measure how the environmental or social characteristics promoted by the financial product are attained.
The fund promotes environmental and social characteristics by investing in securities of issuers with favourable ESG characteristics. Favourable ESG characteristics are determined by reference to ESG ratings. ESG ratings consider environmental characteristics including carbon intensity, carbon emissions, energy efficiency, water and waste management and biodiversity, as well as social characteristics including product safety, supply chain, health and safety and human rights.
No reference benchmark has been designated for the purpose of attaining the environmental and social characteristics promoted.
What sustainability indicators are used to measure the attainment of each of the environmental or social characteristics promoted by this financial product?
The fund uses the following sustainability indicators in order to measure the attainment of the environmental or social characteristics that it promotes:
- the percentage of the fund invested in securities of issuers having favourable ESG characteristics in accordance with Fidelity’s Sustainable Investing Framework; and
- the percentage of the fund invested in securities of corporate issuers with exposure to the Exclusions (as defined below).

What are the objectives of the sustainable investments that the financial product partially intends to make and how does the sustainable investment contribute to such objectives?
This question is not applicable as the fund does not intend to make sustainable investments.
How do the sustainable investments that the financial product partially intends to make, not cause significant harm to any environmental or social sustainable investment objective?
This question is not applicable as the fund does not intend to make sustainable investments.
Principal adverse impacts are the most significant negative impacts of investment decisions on sustainability factors relating to environmental, social and employee matters, respect for human rights, anti- corruption and anti- bribery matters.
How have the indicators for adverse impacts on sustainability factors been taken into account?
This question is not applicable.
How are the sustainable investments aligned with the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights? Details:
This question is not applicable.
The EU Taxonomy sets out a “do not significant harm” principle by which Taxonomy-aligned investments should not significantly harm EU Taxonomy objectives and is accompanied by specific EU criteria.
The “do no significant harm” principle applies only to those investments underlying the financial product that take into account the EU criteria for environmentally sustainable economic activities. The investments underlying the remaining portion of this financial product do not take into account the EU criteria for environmentally sustainable economic activities.
Any other sustainable investments must also not significantly harm any environmental or social objectives.

###### Does this financial product consider principal adverse impacts on sustainability factors?
Yes
- NoConsideration of the principal adverse impacts on sustainability factors of investment decisions (referred to as principal adverse impacts) is incorporated through a variety of tools, including:
- Due Diligence - analysis of whether impacts on sustainability factors are material and negative.
- ESG rating - Fidelity references ESG ratings which incorporate consideration of material principal adverse impacts such as carbon emissions, employee safety and bribery and corruption, water management and, for sovereign issued securities, ratings used incorporate consideration of material principal adverse impacts such as carbon emissions, social violations and freedom of expression.
- Exclusions - When investing directly in corporate issuers, the fund applies the Exclusions (as defined below) to help mitigate the principal adverse impacts through excluding harmful sectors and prohibiting investment in issuers that breach international standards, such as the UNGC.
- Engagement - Fidelity uses engagement as a tool to better understand principal adverse impacts and, in some circumstances, advocate for mitigating the principal adverse impacts. Fidelity participates in relevant individual and collaborative engagements that target a number of principal adverse impacts (i.e. Climate Action 100+, Investors Against Slavery and TraffickingAPAC).
- Voting - Fidelity’s voting policy includes explicit minimum standards for board gender diversity and engagement with climate change for corporate issuers. Fidelity may also vote to help mitigate principal adverse impacts.
- Quarterly reviews - monitoring of principal adverse impacts through the fund’s quarterly review process.

Fidelity takes into account specific indicators for each sustainability factor when considering whether investments have a principal adverse impact. These indicators are subject to data availability and may evolve with improving data quality and availability.
Information on principal adverse impacts will be available in the annual report of the fund.
The investment strategy guides investment decisions based on factors such as investments objectives and risk tolerance.

######  What investment strategy does this financial product follow?
A minimum of 50% of the fund’s assets will be invested in securities with favourable ESG characteristics.
Favourable ESG characteristics are determined by reference to ESG ratings provided by external agencies and Fidelity ESG ratings.
In respect of its direct investment in corporate issuers, the fund is subject to:
- a firm-wide exclusions list, which includes cluster munitions and anti-personnel landmines; and
- norms-based screening of issuers which the Investment Manager considers have failed to conduct their business in accordance with international norms, including as set out in the UNGC.

The above exclusions and screens (the “Exclusions”) may be updated from time to time. Please refer to the website for further information Sustainable investing framework(fidelityinternational.com).
The Investment Manager also has discretion to implement enhanced, stricter sustainable requirements and exclusions from time to time.
What are the binding elements of the investment strategy used to select the investments to attain each of the environmental or social characteristics promoted by this financial product?
The fund will invest a minimum of 50% of its assets in issuers with favourable ESG characteristics.
In addition, the fund will apply the Exclusions, as described above, to all direct investments in corporate issuers.
What is the committed minimum rate to reduce the scope of the investments considered prior to the application of that investment strategy?
This question is not applicable.
Good governance practices include sound management structures, employee relations, remuneration of staff and tax compliance.
What is the policy to assess good governance practices of the investee companies?
The governance practices of issuers are assessed using fundamental research, including as part of the ESG ratings provided by external agencies or Fidelity ESG ratings.
Key points that are analysed include track record of capital allocation, financial transparency, related party transactions, board independence and size, executive pay, auditors and internal oversight, minority shareholder rights, among other indicators. For sovereign issuers, factors such as corruption and freedom of expression are included.
Asset allocation describes the share of investments in specific assets.
Taxonomy-aligned activities are expressed as a share of:
- turnover reflecting the share of revenue from green activities of investee companies
- capital expenditure (CapEx) showing the green investments made by investee companies,e.g. for a transition to a green economy.

- operational expenditure (OpEx) reflecting green operational activities of investee companies.

###### 	What is the asset allocation planned for this financial product?
(#1 Aligned with E/S characteristics) The fund will invest a minimum of 50% of its assets in securities of issuers with favourable ESG characteristics.
How does the use of derivatives attain the environmental or social characteristics promoted by the financial product?
Where the security underlying a derivative has favourable ESG characteristics in accordance with Fidelity's Sustainable Investing Framework, the derivative may be included in determining the proportion of the fund dedicated to promotion of environmental or social characteristics.
To what minimum extent are sustainable investments with an environmental objective aligned with the EU Taxonomy?
The fund invests a minimum of 0% in sustainable investments with an environmental objective aligned with the EU Taxonomy.
The compliance of the investments of the fund with the EU Taxonomy will not be subject to an assurance by auditors or a review by third parties.
The EU Taxonomy alignment of the underlying investments of the fund is measured by turnover.
Does the financial product invest in fossil gas and/or nuclear energy-related activities that comply with the EU Taxonomy¹?
- YesNo
- In fossil gas	In nuclear energy¹Fossil gas and/or nuclear related activities will only comply with the EU Taxonomy where they contribute to limiting climate change (“climate change mitigation”) and do not significantly harm any EU Taxonomy objectives - see explanatory note in the left hand margin. The full criteria for fossil gas and nuclear energy economic activities that comply with the EU Taxonomy are laid down in Commission Delegated Regulation (EU) 2022/1214.

What is the minimum share of investments in transitional and enabling activities?
The fund invests a minimum of 0% in transitional activities and a minimum of 0% in enabling activities.
What is the minimum share of sustainable investments with an environmental objective that are not aligned with the EU Taxonomy?
This question is not applicable as the fund does not intend to make sustainable investments.
What is the minimum share of socially sustainable investments?
This question is not applicable as the fund does not intend to make sustainable investments.
What investments are included under “#2 Other”, what is their purpose and are there any minimum environmental or social safeguards?
The remaining investments of the fund will be invested in assets aligned with the financial objective of the fund, cash and cash equivalents for liquidity purposes and derivatives which may be used for investment and efficient portfolio management.
As a minimum environmental and social safeguard, the fund will adhere to the Exclusions.

###### Is a specific index designated as a reference benchmark to determine whether this financial product is aligned with the environmental and/or social characteristics that it promotes?
An index has not been designated as a reference benchmark to determine whether this financial product is aligned with the environmental or social characteristics that it promotes.
Reference benchmarks are indexes to measure whether the financial product attains the environmental or social characteristics that they promote.
How is the reference benchmark continuously aligned with each of the environmental or social characteristics promoted by the financial product?
This question is not applicable.
How is the alignment of the investment strategy with the methodology of the index ensured on a continuous basis?
This question is not applicable.
How does the designated index differ from a relevant broad market index?
This question is not applicable.
Where can the methodology used for the calculation of the designated index be found?
This question is not applicable.

###### 	Where can I find more product specific information online?
More product-specific information can be found on the website: https:/www.fidelity.lu/funds/factsheet/LU2219351280/tab-disclosure#SFDR-disclosure. 
Further information on the methodologies set out herein is available on the website: Sustainable investing framework (fidelityinternational.com).
Pre-contractual disclosure for the financial products referred to in Article 8, paragraphs 1, 2 and 2a, of Regulation (EU) 2019/2088 and Article 6, first paragraph, of Regulation (EU) 2020/852
Product name:	Legal entity identifier:
Fidelity Funds - Emerging Market Total Return Debt Fund	549300KHEVIR0ORYSU77

###### Environmental and/or social characteristics
| Does this financial product have a sustainable investment objective? |
| --- |
|  | - Yes
 |  | No |
| - It will make a minimum of sustainable investments with an environmental objective:%
- in economic activities that qualify as environmentally sustainable under the EU Taxonomy
- in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
- It will make a minimum of sustainable investments with a social objective:%
 | - It promotes Environmental/Social (E/S) characteristics and while it does not have as its objective a sustainable investment, it will have a minimum proportion of % of sustainable investments
	- with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomy
	- with an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
	- with a social objectiveIt promotes E/S characteristics, but will not make any sustainable investments

 |

What environmental and/or social characteristics are promoted by this financial product?
Sustainability indicators measure how the environmental or social characteristics promoted by the financial product are attained.
The fund promotes environmental and social characteristics by investing in securities of issuers with favourable ESG characteristics. Favourable ESG characteristics are determined by reference to ESG ratings. ESG ratings consider environmental characteristics including carbon intensity, carbon emissions, energy efficiency, water and waste management and biodiversity, as well as social characteristics including product safety, supply chain, health and safety and human rights.
No reference benchmark has been designated for the purpose of attaining the environmental and social characteristics promoted.
What sustainability indicators are used to measure the attainment of each of the environmental or social characteristics promoted by this financial product?
The fund uses the following sustainability indicators in order to measure the attainment of the environmental or social characteristics that it promotes:
- the percentage of the fund invested in securities of issuers having favourable ESG characteristics in accordance with Fidelity’s Sustainable Investing Framework; and
- the percentage of the fund invested in securities of corporate issuers with exposure to the Exclusions (as defined below).

What are the objectives of the sustainable investments that the financial product partially intends to make and how does the sustainable investment contribute to such objectives?
This question is not applicable as the fund does not intend to make sustainable investments.
How do the sustainable investments that the financial product partially intends to make, not cause significant harm to any environmental or social sustainable investment objective?
This question is not applicable as the fund does not intend to make sustainable investments.
Principal adverse impacts are the most significant negative impacts of investment decisions on sustainability factors relating to environmental, social and employee matters, respect for human rights, anti- corruption and anti- bribery matters.
How have the indicators for adverse impacts on sustainability factors been taken into account?
This question is not applicable.
How are the sustainable investments aligned with the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights? Details:
This question is not applicable.
The EU Taxonomy sets out a “do not significant harm” principle by which Taxonomy-aligned investments should not significantly harm EU Taxonomy objectives and is accompanied by specific EU criteria.
The “do no significant harm” principle applies only to those investments underlying the financial product that take into account the EU criteria for environmentally sustainable economic activities. The investments underlying the remaining portion of this financial product do not take into account the EU criteria for environmentally sustainable economic activities.
Any other sustainable investments must also not significantly harm any environmental or social objectives.

###### Does this financial product consider principal adverse impacts on sustainability factors?
Yes
- NoConsideration of the principal adverse impacts on sustainability factors of investment decisions (referred to as principal adverse impacts) is incorporated through a variety of tools, including:
- Due Diligence - analysis of whether impacts on sustainability factors are material and negative.
- ESG rating - Fidelity references ESG ratings which incorporate consideration of material principal adverse impacts such as carbon emissions, employee safety and bribery and corruption, water management and, for sovereign issued securities, ratings used incorporate consideration of material principal adverse impacts such as carbon emissions, social violations and freedom of expression.
- Exclusions - When investing directly in corporate issuers, the fund applies the Exclusions (as defined below) to help mitigate the principal adverse impacts through excluding harmful sectors and prohibiting investment in issuers that breach international standards, such as the UNGC.
- Engagement - Fidelity uses engagement as a tool to better understand principal adverse impacts and, in some circumstances, advocate for mitigating the principal adverse impacts. Fidelity participates in relevant individual and collaborative engagements that target a number of principal adverse impacts (i.e. Climate Action 100+, Investors Against Slavery and TraffickingAPAC).
- Voting - Fidelity’s voting policy includes explicit minimum standards for board gender diversity and engagement with climate change for corporate issuers. Fidelity may also vote to help mitigate principal adverse impacts.
- Quarterly reviews - monitoring of principal adverse impacts through the fund’s quarterly review process.

Fidelity takes into account specific indicators for each sustainability factor when considering whether investments have a principal adverse impact. These indicators are subject to data availability and may evolve with improving data quality and availability.
Information on principal adverse impacts will be available in the annual report of the fund.
The investment strategy guides investment decisions based on factors such as investments objectives and risk tolerance.

######  What investment strategy does this financial product follow?
A minimum of 50% of the fund’s assets will be invested in securities with favourable ESG characteristics.
Favourable ESG characteristics are determined by reference to ESG ratings provided by external agencies and Fidelity ESG ratings.
In respect of its direct investment in corporate issuers, the fund is subject to:
- a firm-wide exclusions list, which includes cluster munitions and anti-personnel landmines; and
- norms-based screening of issuers which the Investment Manager considers have failed to conduct their business in accordance with international norms, including as set out in the UNGC.

The above exclusions and screens (the “Exclusions”) may be updated from time to time. Please refer to the website for further information Sustainable investing framework(fidelityinternational.com).
The Investment Manager also has discretion to implement enhanced, stricter sustainable requirements and exclusions from time to time.
What are the binding elements of the investment strategy used to select the investments to attain each of the environmental or social characteristics promoted by this financial product?
The fund will invest a minimum of 50% of its assets in issuers with favourable ESG characteristics.
In addition, the fund will apply the Exclusions, as described above, to all direct investments in corporate issuers.
What is the committed minimum rate to reduce the scope of the investments considered prior to the application of that investment strategy?
This question is not applicable.
Good governance practices include sound management structures, employee relations, remuneration of staff and tax compliance.
What is the policy to assess good governance practices of the investee companies?
The governance practices of issuers are assessed using fundamental research, including as part of the ESG ratings provided by external agencies or Fidelity ESG ratings.
Key points that are analysed include track record of capital allocation, financial transparency, related party transactions, board independence and size, executive pay, auditors and internal oversight, minority shareholder rights, among other indicators. For sovereign issuers, factors such as corruption and freedom of expression are included.
Asset allocation describes the share of investments in specific assets.
Taxonomy-aligned activities are expressed as a share of:
- turnover reflecting the share of revenue from green activities of investee companies
- capital expenditure (CapEx) showing the green investments made by investee companies,e.g. for a transition to a green economy.

- operational expenditure (OpEx) reflecting green operational activities of investee companies.

###### 	What is the asset allocation planned for this financial product?
(#1 Aligned with E/S characteristics) The fund will invest a minimum of 50% of its assets in securities of issuers with favourable ESG characteristics.
How does the use of derivatives attain the environmental or social characteristics promoted by the financial product?
Where the security underlying a derivative has favourable ESG characteristics in accordance with Fidelity's Sustainable Investing Framework, the derivative may be included in determining the proportion of the fund dedicated to promotion of environmental or social characteristics.
To what minimum extent are sustainable investments with an environmental objective aligned with the EU Taxonomy?
The fund invests a minimum of 0% in sustainable investments with an environmental objective aligned with the EU Taxonomy.
The compliance of the investments of the fund with the EU Taxonomy will not be subject to an assurance by auditors or a review by third parties.
The EU Taxonomy alignment of the underlying investments of the fund is measured by turnover.
Does the financial product invest in fossil gas and/or nuclear energy-related activities that comply with the EU Taxonomy¹?
- YesNo
- In fossil gas	In nuclear energy¹Fossil gas and/or nuclear related activities will only comply with the EU Taxonomy where they contribute to limiting climate change (“climate change mitigation”) and do not significantly harm any EU Taxonomy objectives - see explanatory note in the left hand margin. The full criteria for fossil gas and nuclear energy economic activities that comply with the EU Taxonomy are laid down in Commission Delegated Regulation (EU) 2022/1214.

What is the minimum share of investments in transitional and enabling activities?
The fund invests a minimum of 0% in transitional activities and a minimum of 0% in enabling activities.
What is the minimum share of sustainable investments with an environmental objective that are not aligned with the EU Taxonomy?
This question is not applicable as the fund does not intend to make sustainable investments.
What is the minimum share of socially sustainable investments?
This question is not applicable as the fund does not intend to make sustainable investments.
What investments are included under “#2 Other”, what is their purpose and are there any minimum environmental or social safeguards?
The remaining investments of the fund will be invested in assets aligned with the financial objective of the fund, cash and cash equivalents for liquidity purposes and derivatives which may be used for investment and efficient portfolio management.
As a minimum environmental and social safeguard, the fund will adhere to the Exclusions.

###### Is a specific index designated as a reference benchmark to determine whether this financial product is aligned with the environmental and/or social characteristics that it promotes?
An index has not been designated as a reference benchmark to determine whether this financial product is aligned with the environmental or social characteristics that it promotes.
Reference benchmarks are indexes to measure whether the financial product attains the environmental or social characteristics that they promote.
How is the reference benchmark continuously aligned with each of the environmental or social characteristics promoted by the financial product?
This question is not applicable.
How is the alignment of the investment strategy with the methodology of the index ensured on a continuous basis?
This question is not applicable.
How does the designated index differ from a relevant broad market index?
This question is not applicable.
Where can the methodology used for the calculation of the designated index be found?
This question is not applicable.

###### 	Where can I find more product specific information online?
More product-specific information can be found on the website: https:/www.fidelity.lu/funds/factsheet/LU1830996044/tab-disclosure#SFDR-disclosure. 
Further information on the methodologies set out herein is available on the website: Sustainable investing framework (fidelityinternational.com).
Pre-contractual disclosure for the financial products referred to in Article 8, paragraphs 1, 2 and 2a, of Regulation (EU) 2019/2088 and Article 6, first paragraph, of Regulation (EU) 2020/852
Product name:	Legal entity identifier:
Fidelity Funds - Sustainable Emerging Market Debt Fund	254900MTI4B5RXM4H295

###### Environmental and/or social characteristics
| Does this financial product have a sustainable investment objective? |
| --- |
|  | - Yes
 |  | No |
| - It will make a minimum of sustainable investments with an environmental objective:%
- in economic activities that qualify as environmentally sustainable under the EU Taxonomy
- in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
- It will make a minimum of sustainable investments with a social objective:%
 | It promotes Environmental/Social (E/S) characteristics and while it does not have as its objective a sustainable investment, it will have a minimum proportion of 5% of sustainable investments - with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomywith an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomywith a social objective
- It promotes E/S characteristics, but will not make any sustainable investments
 |

What environmental and/or social characteristics are promoted by this financial product?
Sustainability indicators measure how the environmental or social characteristics promoted by the financial product are attained.
The fund promotes environmental and social characteristics by investing in securities of issuers with favourable ESG characteristics. Favourable ESG characteristics are determined by reference to ESG ratings. ESG ratings consider environmental characteristics including carbon intensity, carbon emissions, energy efficiency, water and waste management and biodiversity, as well as social characteristics including product safety, supply chain, health and safety and human rights.
The fund partially intends to make sustainable investments.
No reference benchmark has been designated for the purpose of attaining the environmental and social characteristics promoted.
What sustainability indicators are used to measure the attainment of each of the environmental or social characteristics promoted by this financial product?
The fund uses the following sustainability indicators in order to measure the attainment of the environmental or social characteristics that it promotes:
- the percentage of the fund invested in securities of issuers with favourable ESG characteristics in accordance with Fidelity’s Sustainable Investing Framework;
- in respect of its direct investments, the percentage of the fund invested in securities of issuers with exposure to the Exclusions (as defined below);
- the percentage of the fund invested in sustainable investments;
- the percentage of the fund invested in sustainable investments with an environmental objective in economic activities (that do not qualify as environmentally sustainable under the EU Taxonomy); and
- the percentage of the fund invested in sustainable investments with a social objective.

What are the objectives of the sustainable investments that the financial product partially intends to make and how does the sustainable investment contribute to such objectives?
The fund determines a sustainable investment as an investment in securities of:
- issuers that undertake economic activities that contribute to one or more of the environmental objectives set out in the EU Taxonomy and qualify as environmentally sustainable in accordance with EU Taxonomy; or
- issuers whereby the majority of their business activities (more than 50% of revenue) contribute to environmental or social objectives aligned with one or more of the United Nations Sustainable Development Goals (“SDGs”); or
- issuers which have set a decarbonisation target consistent with a 1.5 degree warming scenario or lower (verified by the Science Based Target Initiative or a Fidelity Proprietary Climate Rating) which would be considered to contribute to environmental objectives;provided they do no significant harm, meet minimum safeguards and good governance criteria.

How do the sustainable investments that the financial product partially intends to make, not cause significant harm to any environmental or social sustainable investment objective?
Sustainable investments are screened for involvement in activities that cause significant harm and controversies, assessed through a check that the issuer meets minimum safeguards and standards that relate to principal adverse impacts (PAIs) as well as performance on PAI metrics. This includes:
- Norms-based screens - the screening out of securities identified under Fidelity’s existing norms-based screens (as set out below);
- Activity-based screens - the screening out of issuers based on their participation in activities with significant negative impacts on society or the environment, including issuers that are considered to have a ‘Very Severe’ controversy using controversy screens, covering
- environmental issues,
- human rights and communities,
- labour rights and supply chain,
- customers,
- governance; and
	- PAI indicators - quantitative data (where available) on PAI indicators is used to evaluate whether an issuer is involved in activities that cause significant harm to any environmental or social objective.


Principal adverse impacts are the most significant negative impacts of investment decisions on sustainability factors relating to environmental, social and employee matters, respect for human rights, anti- corruption and anti- bribery matters.
How have the indicators for adverse impacts on sustainability factors been taken into account?
For sustainable investments, as set out above, Fidelity undertakes a quantitative evaluation to identify issuers with challenging performance on PAI indicators. Issuers with a low score will be ineligible to be ‘sustainable investments’ unless Fidelity’s fundamental research determines that the issuer is not breaching “do no significant harm” requirements or is on the path to mitigate the adverse impacts through effective management or transition.
How are the sustainable investments aligned with the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights? Details:
Norms-based screens are applied: Issuers identified as failing to behave in a way which meets their fundamental responsibilities in the areas of human rights, labour, environmental and anti-corruption as aligned with international norms including those set out by the OECD Guidelines for Multinational Enterprises, the UN Guiding Principles on Business and Human Rights, the UN Global Compact (UNGC) and the International Labour Organisation (ILO) Conventions, are not considered sustainable investments.
The EU Taxonomy sets out a “do not significant harm” principle by which Taxonomy-aligned investments should not significantly harm EU Taxonomy objectives and is accompanied by specific EU criteria.
The “do no significant harm” principle applies only to those investments underlying the financial product that take into account the EU criteria for environmentally sustainable economic activities. The investments underlying the remaining portion of this financial product do not take into account the EU criteria for environmentally sustainable economic activities.
Any other sustainable investments must also not significantly harm any environmental or social objectives.

###### Does this financial product consider principal adverse impacts on sustainability factors?
Yes
- NoConsideration of the principal adverse impacts on sustainability factors of investment decisions (referred to as principal adverse impacts) is incorporated through a variety of tools, including:
- Due Diligence - analysis of whether impacts on sustainability factors are material and negative.
- ESG rating - Fidelity references ESG ratings which incorporate consideration of material principal adverse impacts such as carbon emissions, employee safety and bribery and corruption, water management and, for sovereign issued securities, ratings used incorporate consideration of material principal adverse impacts such as carbon emissions, social violations and freedom of expression.
- Exclusions - When investing directly in corporate issuers, the fund applies the Exclusions (as defined below) to help mitigate the principal adverse impacts through excluding harmful sectors and prohibiting investment in issuers that breach international standards, such as the UNGC.
- Engagement - Fidelity uses engagement as a tool to better understand principal adverse impacts and, in some circumstances, advocate for mitigating the principal adverse impacts. Fidelity participates in relevant individual and collaborative engagements that target a number of principal adverse impacts (i.e. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Voting - Fidelity’s voting policy includes explicit minimum standards for board gender diversity and engagement with climate change for corporate issuers. Fidelity may also vote to help mitigate principal adverse impacts.
- Quarterly reviews - monitoring of principal adverse impacts through the fund’s quarterly review process.

Fidelity takes into account specific indicators for each sustainability factor when considering whether investments have a principal adverse impact. These indicators are subject to data availability and may evolve with improving data quality and availability.
Information on principal adverse impacts will be available in the annual report of the fund.
The investment strategy guides investment decisions based on factors such as investments objectives and risk tolerance.

######  What investment strategy does this financial product follow?
The fund is part of the Fidelity Sustainable Family of funds and adopts a Sustainable Focused strategy under which a minimum of 70% of the fund’s assets will be invested in securities with favourable ESG characteristics.
Favourable ESG characteristics are determined by reference to ESG ratings provided by external agencies and Fidelity ESG ratings.
Issuers that are not assessed as having favourable ESG characteristics for the purposes of the primary objective (minimum 70% of assets) are eligible for inclusion, with up to 30% of assets, provided they are able to demonstrate that they are on an improving trajectory with respect to their ESG characteristics.
In respect of its direct investments, the fund is subject to:
- a firm-wide exclusions list, which includes cluster munitions and anti-personnel landmines; and
- a principle-based screening policy which includes:
	- norms-based screening of issuers which the Investment Manager considers have failed to conduct their business in accordance with international norms, including as set out in the UNGC; and
	- negative screening of certain sectors, issuers or practices based on specific ESG criteria where revenue thresholds may be applied.


The above exclusions and screens (the “Exclusions”) may be updated from time to time. Please refer to the website for further information Sustainable investing framework(fidelityinternational.com).
The Investment Manager also has discretion to implement enhanced, stricter sustainable requirements and exclusions from time to time.
What are the binding elements of the investment strategy used to select the investments to attain each of the environmental or social characteristics promoted by this financial product?
The fund will invest:
- a minimum of 70% of its assets in issuers with favourable ESG characteristics; and
- a minimum of 5% in sustainable investments of which a minimum of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 1% have a social objective.

In addition, the fund will systematically apply the Exclusions, as described above.
What is the committed minimum rate to reduce the scope of the investments considered prior to the application of that investment strategy?
This question is not applicable.
Good governance practices include sound management structures, employee relations, remuneration of staff and tax compliance.
What is the policy to assess good governance practices of the investee companies?
The governance practices of issuers are assessed using fundamental research, including as part of the ESG ratings provided by external agencies and Fidelity ESG ratings.
Key points that are analysed include track record of capital allocation, financial transparency, related party transactions, board independence and size, executive pay, auditors and internal oversight, minority shareholder rights, among other indicators. For sovereign issuers, factors such as corruption and freedom of expression are included.

###### What is the asset allocation planned for this financial product?
Asset allocation describes the share of investments in specific assets.
Taxonomy-aligned activities are expressed as a share of:
- turnover reflecting the share of revenue from green activities of investee companies
- capital expenditure (CapEx) showing the green investments made by investee companies,e.g. for a transition to a green economy.

- operational expenditure (OpEx) reflecting green operational activities of investee companies.
(#1 Aligned with E/S characteristics) The fund will invest:
- a minimum of 70% of its assets in securities of issuers with favourable ESG characteristics;
- a minimum of 5% of its assets in sustainable investments (#1A sustainable) of which a minimum of of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 1% have a social objective. The remaining sustainable investments of the fund may have an environmental or social objective.

(#1B Other E/S characteristics) Includes securities of issuers with favourable ESG characteristics but are not sustainable investments.
How does the use of derivatives attain the environmental or social characteristics promoted by the financial product?
Where the security underlying a derivative has favourable ESG characteristics in accordance with Fidelity's Sustainable Investing Framework, the derivative may be included in determining the proportion of the fund dedicated to promotion of environmental or social characteristics.
To what minimum extent are sustainable investments with an environmental objective aligned with the EU Taxonomy?
The fund invests a minimum of 0% in sustainable investments with an environmental objective aligned with the EU Taxonomy.
The compliance of the investments of the fund with the EU Taxonomy will not be subject to an assurance by auditors or a review by third parties.
The EU Taxonomy alignment of the underlying investments of the fund is measured by turnover.
Does the financial product invest in fossil gas and/or nuclear energy-related activities that comply with the EU Taxonomy¹?
- YesNo
- In fossil gas	In nuclear energyWhat is the minimum share of investments in transitional and enabling activities?

The fund invests a minimum of 0% in transitional activities and a minimum of 0% in enabling activities.
What is the minimum share of sustainable investments with an environmental objective that are not aligned with the EU Taxonomy?
The fund invests a minimum of 1% in sustainable investments with an environmental objective that is not aligned with the EU Taxonomy.
Investments could be aligned with the EU Taxonomy but the Investment Manager is not currently in a position to specify the exact proportion of the fund’s underlying investments which take into account the EU criteria for environmentally sustainable economic activities. However, the position will be kept under review as the underlying rules are finalised and the availability of reliable data increases over time.
¹Fossil gas and/or nuclear related activities will only comply with the EU Taxonomy where they contribute to limiting climate change (“climate change mitigation”) and do not significantly harm any EU Taxonomy objectives - see explanatory note in the left hand margin. The full criteria for fossil gas and nuclear energy economic activities that comply with the EU Taxonomy are laid down in Commission Delegated Regulation (EU) 2022/1214.
What is the minimum share of socially sustainable investments?
The fund invests a minimum of 1% in sustainable investments with a social objective.
What investments are included under “#2 Other”, what is their purpose and are there any minimum environmental or social safeguards?
The remaining investments of the fund may be invested in securities of issuers that are able to demonstrate that they are on an improving trajectory with respect to their ESG characteristics, as well as cash and cash equivalents for liquidity purposes and derivatives which may be used for investment and efficient portfolio management.
As a minimum environmental and social safeguard, the fund will adhere to the Exclusions.

###### Is a specific index designated as a reference benchmark to determine whether this financial product is aligned with the environmental and/or social characteristics that it promotes?
An index has not been designated as a reference benchmark to determine whether this financial product is aligned with the environmental or social characteristics that it promotes.
Reference benchmarks are indexes to measure whether the financial product attains the environmental or social characteristics that they promote.
How is the reference benchmark continuously aligned with each of the environmental or social characteristics promoted by the financial product?
This question is not applicable.
How is the alignment of the investment strategy with the methodology of the index ensured on a continuous basis?
This question is not applicable.
How does the designated index differ from a relevant broad market index?
This question is not applicable.
Where can the methodology used for the calculation of the designated index be found?
This question is not applicable.

###### 	Where can I find more product specific information online?
More product-specific information can be found on the website: https:/www.fidelity.lu/funds/factsheet/LU2546725644/tab-disclosure#SFDR-disclosure. 
Further information on the methodologies set out herein is available on the website: Sustainable investing framework (fidelityinternational.com).
Pre-contractual disclosure for the financial products referred to in Article 8, paragraphs 1, 2 and 2a, of Regulation (EU) 2019/2088 and Article 6, first paragraph, of Regulation (EU) 2020/852
Product name:	Legal entity identifier:
Fidelity Funds - European Multi Asset Income Fund	549300P3VQEECSQRUQ90

###### Environmental and/or social characteristics
| Does this financial product have a sustainable investment objective? |
| --- |
|  | - Yes
 |  | No |
| - It will make a minimum of sustainable investments with an environmental objective:%
- in economic activities that qualify as environmentally sustainable under the EU Taxonomy
- in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
- It will make a minimum of sustainable investments with a social objective:%
 | It promotes Environmental/Social (E/S) characteristics and while it does not have as its objective a sustainable investment, it will have a minimum proportion of 2% of sustainable investments - with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomywith an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomywith a social objective
- It promotes E/S characteristics, but will not make any sustainable investments
 |

What environmental and/or social characteristics are promoted by this financial product?
Sustainability indicators measure how the environmental or social characteristics promoted by the financial product are attained.
The fund promotes environmental and social characteristics by investing in securities of issuers with favourable ESG characteristics. Favourable ESG characteristics are determined by reference to ESG ratings. ESG ratings consider environmental characteristics including carbon intensity, carbon emissions, energy efficiency, water and waste management and biodiversity, as well as social characteristics including product safety, supply chain, health and safety and human rights.
The fund partially intends to make sustainable investments.
No reference benchmark has been designated for the purpose of attaining the environmental and social characteristics promoted.
What sustainability indicators are used to measure the attainment of each of the environmental or social characteristics promoted by this financial product?
The fund uses the following sustainability indicators in order to measure the attainment of the environmental or social characteristics that it promotes:
- the percentage of the fund invested in securities of issuers with favourable ESG characteristics in accordance with Fidelity’s Sustainable Investing Framework;
- in respect of its direct investments in corporate issuers, the percentage of the fund invested in securities of issuers with exposure to the Exclusions (defined below);
- the percentage of the fund invested in sustainable investments;
- the percentage of the fund invested in sustainable investments with an environmental objective in economic activities (that do not qualify as environmentally sustainable under the EU Taxonomy); and
- the percentage of the fund invested in sustainable investments with a social objective.

What are the objectives of the sustainable investments that the financial product partially intends to make and how does the sustainable investment contribute to such objectives?
The fund determines a sustainable investment as follows:
- issuers that undertake economic activities that contribute to one or more of the environmental objectives set out in the EU Taxonomy and qualify as environmentally sustainable in accordance with EU Taxonomy; or
- issuers whereby the majority of their business activities (more than 50% of revenue) contribute to environmental or social objectives aligned with one or more of the United Nations Sustainable Development Goals (“SDGs”); or
- issuers which have set a decarbonisation target consistent with a 1.5 degree warming scenario or lower (verified by the Science Based Target Initiative or a Fidelity Proprietary Climate Rating) which would be considered to contribute to environmental objectives;provided they do no significant harm, meet minimum safeguards and good governance criteria.

How do the sustainable investments that the financial product partially intends to make, not cause significant harm to any environmental or social sustainable investment objective?
Sustainable investments are screened for involvement in activities that cause significant harm and controversies, assessed through a check that the issuer meets minimum safeguards and standards that relate to principal adverse impacts (PAIs) as well as performance on PAI metrics. This includes:
- Norms-based screens - the screening out of securities identified under Fidelity’s existing norms-based screens (as set out below);
- Activity-based screens - the screening out of issuers based on their participation in activities with significant negative impacts on society or the environment, including issuers that are considered to have a ‘Very Severe’ controversy using controversy screens, covering
- environmental issues,
- human rights and communities,
- labour rights and supply chain,
- customers,
- governance; and
	- PAI indicators - quantitative data (where available) on PAI indicators is used to evaluate whether an issuer is involved in activities that cause significant harm to any environmental or social objective.


Principal adverse impacts are the most significant negative impacts of investment decisions on sustainability factors relating to environmental, social and employee matters, respect for human rights, anti- corruption and anti- bribery matters.
How have the indicators for adverse impacts on sustainability factors been taken into account?
For sustainable investments, as set out above, Fidelity undertakes a quantitative evaluation that identifies entities with challenging performance on PAI indicators. Issuers with a low score will be ineligible to be ‘sustainable investments’ unless Fidelity’s fundamental research determines that the issuer is not breaching “do no significant harm” requirements or is on the path to mitigate the adverse impacts through effective management or transition.
How are the sustainable investments aligned with the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights? Details:
Norms-based screens are applied: Issuers identified as failing to behave in a way which meets their fundamental responsibilities in the areas of human rights, labour, environmental and anti-corruption as aligned with international norms including those set out by the OECD Guidelines for Multinational Enterprises, the UN Guiding Principles on Business and Human Rights, the UN Global Compact (UNGC) and the International Labour Organisation (ILO) Conventions, are not considered sustainable investments.
The EU Taxonomy sets out a “do not significant harm” principle by which Taxonomy-aligned investments should not significantly harm EU Taxonomy objectives and is accompanied by specific EU criteria.
The “do no significant harm” principle applies only to those investments underlying the financial product that take into account the EU criteria for environmentally sustainable economic activities. The investments underlying the remaining portion of this financial product do not take into account the EU criteria for environmentally sustainable economic activities.
Any other sustainable investments must also not significantly harm any environmental or social objectives.

###### Does this financial product consider principal adverse impacts on sustainability factors?
Yes
- NoConsideration of the principal adverse impacts on sustainability factors of investment decisions (referred to as principal adverse impacts) is incorporated through a variety of tools, including:
- Due Diligence - analysis of whether impacts on sustainability factors are material and negative.
- ESG rating - Fidelity references ESG ratings which incorporate consideration of material principal adverse impacts such as carbon emissions, employee safety and bribery and corruption, water management and, for sovereign issued securities, ratings used incorporate consideration of material principal adverse impacts such as carbon emissions, social violations and freedom of expression.
- Exclusions - When investing directly in corporate issuers, the fund applies the Exclusions (as defined below) to help mitigate the principal adverse impacts through excluding harmful sectors and prohibiting investment in issuers that breach international standards, such as the UNGC.
- Engagement - Fidelity uses engagement as a tool to better understand principal adverse impacts and, in some circumstances, advocate for mitigating the principal adverse impacts. Fidelity participates in relevant individual and collaborative engagements that target a number of principal adverse impacts (i.e. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Voting - Fidelity’s voting policy includes explicit minimum standards for board gender diversity and engagement with climate change for corporate issuers. Fidelity may also vote to help mitigate principal adverse impacts.
- Quarterly reviews - monitoring of principal adverse impacts through the fund’s quarterly review process.

Fidelity takes into account specific indicators for each sustainability factor when considering whether investments have a principal adverse impact. These indicators are subject to data availability and may evolve with improving data quality and availability.
Information on principal adverse impacts will be available in the annual report of the fund.
The investment strategy guides investment decisions based on factors such as investments objectives and risk tolerance.

######  What investment strategy does this financial product follow?
A minimum of 50% of the fund’s assets will be invested in securities with favourable ESG characteristics.
Favourable ESG characteristics are determined by reference to ESG ratings provided by external agencies and Fidelity ESG ratings.
Fidelity’s Multi Asset Research team aim to understand an individual manager’s approach to ESG by evaluating how far ESG considerations are integrated within the investment process and philosophy, the analyst’s financial analysis and the composition of the portfolio. They consider how ESG factors are integrated into the investment policy of the strategy, and, where proprietary ratings are used, how ESG research and output is evidenced in individual security weights and any applicable engagement and exclusion policies. The team consults a range of data sources, including Fidelity Sustainability Ratings as well as third-party data, in order to assess the ESG metrics of the relevant strategies.
In respect of its direct investments in corporate issuers, the fund is subject to:
- a firm-wide exclusions list, which includes cluster munitions and anti-personnel landmines, and
- a norms-based screening of issuers which the Investment Manager considers have failed to conduct their business in accordance with international norms (as set out above).

The above exclusions and screens (the “Exclusions”) may be updated from time to time. Please refer to the website for further information Sustainable investing framework(fidelityinternational.com).
The Investment Manager also has discretion to implement enhanced, stricter sustainable requirements and exclusions from time to time.
What are the binding elements of the investment strategy used to select the investments to attain each of the environmental or social characteristics promoted by this financial product?
The fund will invest:
- a minimum of 50% of its assets in issuers with favourable ESG characteristics,
- a minimum of 2% in sustainable investments of which a minimum of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 1% have a social objective.

In addition, the fund will systematically apply the Exclusions as described above.
What is the committed minimum rate to reduce the scope of the investments considered prior to the application of that investment strategy?
This question is not applicable.
Good governance practices include sound management structures, employee relations, remuneration of staff and tax compliance.
What is the policy to assess good governance practices of the investee companies?
The governance practices of issuers are assessed using fundamental research, including Fidelity ESG Ratings, data regarding controversies and UN Global Compact violations.
Key points that are analysed include track record of capital allocation, financial transparency, related party transactions, board independence and size, executive pay, auditors and internal oversight, minority shareholder rights, among other indicators.
Asset allocation describes the share of investments in specific assets.
Taxonomy-aligned activities are expressed as a share of:
- turnover reflecting the share of revenue from green activities of investee companies
- capital expenditure (CapEx) showing the green investments made by investee companies,e.g. for a transition to a green economy.

- operational expenditure (OpEx) reflecting green operational activities of investee companies.

###### 	What is the asset allocation planned for this financial product?
(#1 Aligned with E/S characteristics) The fund will invest:
- a minimum of 50% of its assets in securities of issuers with favourable ESG characteristics;
- a minimum of 2% of its assets in sustainable investments (#1A sustainable) of which a minimum of of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 1% have a social objective.

(#1B Other E/S characteristics) Includes securities of issuers with favourable ESG characteristics but are not sustainable investments.
How does the use of derivatives attain the environmental or social characteristics promoted by the financial product?
Where the security underlying a derivative has favourable ESG characteristics in accordance with Fidelity's Sustainable Investing Framework, the derivative may be included in determining the proportion of the fund dedicated to promotion of environmental or social characteristics.
To what minimum extent are sustainable investments with an environmental objective aligned with the EU Taxonomy?
The fund invests a minimum of 0% in sustainable investments with an environmental objective aligned with the EU Taxonomy.
The compliance of the investments of the fund with the EU Taxonomy will not be subject to an assurance by auditors or a review by third parties.
The EU Taxonomy alignment of the underlying investments of the fund is measured by turnover.
Does the financial product invest in fossil gas and/or nuclear energy-related activities that comply with the EU Taxonomy¹?
- YesNo
- In fossil gas	In nuclear energyWhat is the minimum share of investments in transitional and enabling activities?

The fund invests a minimum of 0% in transitional activities and a minimum of 0% in enabling activities.
What is the minimum share of sustainable investments with an environmental objective that are not aligned with the EU Taxonomy?
The fund invests a minimum of 1% in sustainable investments with an environmental objective that is not aligned with the EU Taxonomy.
Investments could be aligned with the EU Taxonomy but the Investment Manager is not currently in a position to specify the exact proportion of the fund’s underlying investments which take into account the EU criteria for environmentally sustainable economic activities. However, the position will be kept under review as the underlying rules are finalised and the availability of reliable data increases over time.
¹Fossil gas and/or nuclear related activities will only comply with the EU Taxonomy where they contribute to limiting climate change (“climate change mitigation”) and do not significantly harm any EU Taxonomy objectives - see explanatory note in the left hand margin. The full criteria for fossil gas and nuclear energy economic activities that comply with the EU Taxonomy are laid down in Commission Delegated Regulation (EU) 2022/1214.
What is the minimum share of socially sustainable investments?
The fund invests a minimum of 1% in sustainable investments with a social objective.
What investments are included under “#2 Other”, what is their purpose and are there any minimum environmental or social safeguards?
The remaining investments of the fund which are not aligned with the favourable ESG characteristics, will be invested in accordance with the financial investment objective of the fund, or cash and cash equivalents for liquidity purposes and derivatives which may be used for investment and efficient portfolio management.
As minimum environmental and social safeguard, all direct investments in corporate issuers will adhere to the Exclusions.

###### Is a specific index designated as a reference benchmark to determine whether this financial product is aligned with the environmental and/or social characteristics that it promotes?
An index has not been designated as a reference benchmark to determine whether this financial product is aligned with the environmental or social characteristics that it promotes.
Reference benchmarks are indexes to measure whether the financial product attains the environmental or social characteristics that they promote.
How is the reference benchmark continuously aligned with each of the environmental or social characteristics promoted by the financial product?
This question is not applicable.
How is the alignment of the investment strategy with the methodology of the index ensured on a continuous basis?
This question is not applicable.
How does the designated index differ from a relevant broad market index?
This question is not applicable.
Where can the methodology used for the calculation of the designated index be found?
This question is not applicable.

###### 	Where can I find more product specific information online?
More product-specific information can be found on the website: https:/www.fidelity.lu/funds/factsheet/LU0261950553/tab-disclosure#SFDR-disclosure. 
Further information on the methodologies set out herein is available on the website: Sustainable investing framework (fidelityinternational.com).
Pre-contractual disclosure for the financial products referred to in Article 8, paragraphs 1, 2 and 2a, of Regulation (EU) 2019/2088 and Article 6, first paragraph, of Regulation (EU) 2020/852
Product name:	Legal entity identifier:
Fidelity Funds - Global Multi Asset Income Fund	549300ISMCTFO21OMK36

###### Environmental and/or social characteristics
| Does this financial product have a sustainable investment objective? |
| --- |
|  | - Yes
 |  | No |
| - It will make a minimum of sustainable investments with an environmental objective:%
- in economic activities that qualify as environmentally sustainable under the EU Taxonomy
- in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
- It will make a minimum of sustainable investments with a social objective:%
 | It promotes Environmental/Social (E/S) characteristics and while it does not have as its objective a sustainable investment, it will have a minimum proportion of 2% of sustainable investments - with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomywith an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomywith a social objective
- It promotes E/S characteristics, but will not make any sustainable investments
 |

What environmental and/or social characteristics are promoted by this financial product?
Sustainability indicators measure how the environmental or social characteristics promoted by the financial product are attained.
The fund promotes environmental and social characteristics by investing in securities of issuers with favourable ESG characteristics. Favourable ESG characteristics are determined by reference to ESG ratings. ESG ratings consider environmental characteristics including carbon intensity, carbon emissions, energy efficiency, water and waste management and biodiversity, as well as social characteristics including product safety, supply chain, health and safety and human rights.
The fund partially intends to make sustainable investments.
No reference benchmark has been designated for the purpose of attaining the environmental and social characteristics promoted.
What sustainability indicators are used to measure the attainment of each of the environmental or social characteristics promoted by this financial product?
The fund uses the following sustainability indicators in order to measure the attainment of the environmental or social characteristics that it promotes:
- the percentage of the fund invested in securities of issuers with favourable ESG characteristics in accordance with Fidelity’s Sustainable Investing Framework;
- in respect of its direct investments in corporate issuers, the percentage of the fund invested in securities of issuers with exposure to the Exclusions (defined below);
- the percentage of the fund invested in sustainable investments;
- the percentage of the fund invested in sustainable investments with an environmental objective in economic activities (that do not qualify as environmentally sustainable under the EU Taxonomy); and
- the percentage of the fund invested in sustainable investments with a social objective.

What are the objectives of the sustainable investments that the financial product partially intends to make and how does the sustainable investment contribute to such objectives?
The fund determines a sustainable investment as follows:
- issuers that undertake economic activities that contribute to one or more of the environmental objectives set out in the EU Taxonomy and qualify as environmentally sustainable in accordance with EU Taxonomy; or
- issuers whereby the majority of their business activities (more than 50% of revenue) contribute to environmental or social objectives aligned with one or more of the United Nations Sustainable Development Goals (“SDGs”); or
- issuers which have set a decarbonisation target consistent with a 1.5 degree warming scenario or lower (verified by the Science Based Target Initiative or a Fidelity Proprietary Climate Rating) which would be considered to contribute to environmental objectives;provided they do no significant harm, meet minimum safeguards and good governance criteria.

How do the sustainable investments that the financial product partially intends to make, not cause significant harm to any environmental or social sustainable investment objective?
Sustainable investments are screened for involvement in activities that cause significant harm and controversies, assessed through a check that the issuer meets minimum safeguards and standards that relate to principal adverse impacts (PAIs) as well as performance on PAI metrics. This includes:
- Norms-based screens - the screening out of securities identified under Fidelity’s existing norms-based screening (as set out below);
- Activity-based screens - the screening out of issuers based on their participation in activities with significant negative impacts on society or the environment, including issuers that are considered to have a ‘Very Severe’ controversy using controversy screens, covering
- environmental issues,
- human rights and communities,
- labour rights and supply chain,
- customers,
- governance; and
	- PAI indicators - quantitative data (where available) on PAI indicators is used to evaluate whether an issuer is involved in activities that cause significant harm to any environmental or social objective.


Principal adverse impacts are the most significant negative impacts of investment decisions on sustainability factors relating to environmental, social and employee matters, respect for human rights, anti- corruption and anti- bribery matters.
How have the indicators for adverse impacts on sustainability factors been taken into account?
For sustainable investments, as set out above, Fidelity undertakes a quantitative evaluation that identifies entities with challenging performance on PAI indicators. Issuers with a low score will be ineligible to be ‘sustainable investments’ unless Fidelity’s fundamental research determines that the issuer is not breaching “do no significant harm” requirements or is on the path to mitigate the adverse impacts through effective management or transition.
How are the sustainable investments aligned with the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights? Details:
Norms-based screens are applied: Issuers identified as failing to behave in a way which meets their fundamental responsibilities in the areas of human rights, labour, environmental and anti-corruption as aligned with international norms including those set out by the OECD Guidelines for Multinational Enterprises, the UN Guiding Principles on Business and Human Rights, the UN Global Compact (UNGC) and the International Labour Organisation (ILO) Conventions, are not considered sustainable investments.
The EU Taxonomy sets out a “do not significant harm” principle by which Taxonomy-aligned investments should not significantly harm EU Taxonomy objectives and is accompanied by specific EU criteria.
The “do no significant harm” principle applies only to those investments underlying the financial product that take into account the EU criteria for environmentally sustainable economic activities. The investments underlying the remaining portion of this financial product do not take into account the EU criteria for environmentally sustainable economic activities.
Any other sustainable investments must also not significantly harm any environmental or social objectives.

###### Does this financial product consider principal adverse impacts on sustainability factors?
Yes
- NoConsideration of the principal adverse impacts on sustainability factors of investment decisions (referred to as principal adverse impacts) is incorporated through a variety of tools, including:
- Due Diligence - analysis of whether impacts on sustainability factors are material and negative.
- ESG rating - Fidelity references ESG ratings which incorporate consideration of material principal adverse impacts such as carbon emissions, employee safety and bribery and corruption, water management and, for sovereign issued securities, ratings used incorporate consideration of material principal adverse impacts such as carbon emissions, social violations and freedom of expression.
- Exclusions - When investing directly in corporate issuers, the fund applies the Exclusions (as defined below) to help mitigate the principal adverse impacts through excluding harmful sectors and prohibiting investment in issuers that breach international standards, such as the UNGC.
- Engagement - Fidelity uses engagement as a tool to better understand principal adverse impacts and, in some circumstances, advocate for mitigating the principal adverse impacts. Fidelity participates in relevant individual and collaborative engagements that target a number of principal adverse impacts (i.e. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Voting - Fidelity’s voting policy includes explicit minimum standards for board gender diversity and engagement with climate change for corporate issuers. Fidelity may also vote to help mitigate principal adverse impacts.
- Quarterly reviews - monitoring of principal adverse impacts through the fund’s quarterly review process.

Fidelity takes into account specific indicators for each sustainability factor when considering whether investments have a principal adverse impact. These indicators are subject to data availability and may evolve with improving data quality and availability.
Information on principal adverse impacts will be available in the annual report of the fund.
The investment strategy guides investment decisions based on factors such as investments objectives and risk tolerance.

######  What investment strategy does this financial product follow?
A minimum of 50% of the fund’s assets will be invested in securities with favourable ESG characteristics.
Favourable ESG characteristics are determined by reference to ESG ratings provided by external agencies and Fidelity ESG ratings.
Fidelity’s Multi Asset Research team aim to understand an individual manager’s approach to ESG by evaluating how far ESG considerations are integrated within the investment process and philosophy, the analyst’s financial analysis and the composition of the portfolio. They consider how ESG factors are integrated into the investment policy of the strategy, and, where proprietary ratings are used, how ESG research and output is evidenced in individual security weights and any applicable engagement and exclusion policies. The team consults a range of data sources, including Fidelity Sustainability Ratings as well as third-party data, in order to assess the ESG metrics of the relevant strategies.
In respect of its direct investments in corporate issuers, the fund is subject to:
- a firm-wide exclusions list, which includes cluster munitions and anti-personnel landmines, and
- a norms-based screening of issuers which the Investment Manager considers have failed to conduct their business in accordance with international norms (as set out above).

The above exclusions and screens (the “Exclusions”) may be updated from time to time. Please refer to the website for further information Sustainable investing framework(fidelityinternational.com).
The Investment Manager also has discretion to implement enhanced, stricter sustainable requirements and exclusions from time to time.
What are the binding elements of the investment strategy used to select the investments to attain each of the environmental or social characteristics promoted by this financial product?
The fund will invest:
- a minimum of 50% of its assets in issuers with favourable ESG characteristics,
- a minimum of 2% in sustainable investments of which a minimum of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 1% have a social objective.

In addition, the fund will systematically apply the Exclusions as described above.
What is the committed minimum rate to reduce the scope of the investments considered prior to the application of that investment strategy?
This question is not applicable.
Good governance practices include sound management structures, employee relations, remuneration of staff and tax compliance.
What is the policy to assess good governance practices of the investee companies?
The governance practices of issuers are assessed using fundamental research, including Fidelity ESG Ratings, data regarding controversies and UN Global Compact violations.
Key points that are analysed include track record of capital allocation, financial transparency, related party transactions, board independence and size, executive pay, auditors and internal oversight, minority shareholder rights, among other indicators.
Asset allocation describes the share of investments in specific assets.
Taxonomy-aligned activities are expressed as a share of:
- turnover reflecting the share of revenue from green activities of investee companies
- capital expenditure (CapEx) showing the green investments made by investee companies,e.g. for a transition to a green economy.

- operational expenditure (OpEx) reflecting green operational activities of investee companies.

###### 	What is the asset allocation planned for this financial product?
(#1 Aligned with E/S characteristics) The fund will invest:
- a minimum of 50% of its assets in securities of issuers with favourable ESG characteristics;
- a minimum of 2% of its assets in sustainable investments (#1A sustainable) of which a minimum of of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 1% have a social objective.

(#1B Other E/S characteristics) Includes securities of issuers with favourable ESG characteristics but are not sustainable investments.
How does the use of derivatives attain the environmental or social characteristics promoted by the financial product?
Where the security underlying a derivative has favourable ESG characteristics in accordance with Fidelity's Sustainable Investing Framework, the derivative may be included in determining the proportion of the fund dedicated to promotion of environmental or social characteristics.
To what minimum extent are sustainable investments with an environmental objective aligned with the EU Taxonomy?
The fund invests a minimum of 0% in sustainable investments with an environmental objective aligned with the EU Taxonomy.
The compliance of the investments of the fund with the EU Taxonomy will not be subject to an assurance by auditors or a review by third parties.
The EU Taxonomy alignment of the underlying investments of the fund is measured by turnover.
Does the financial product invest in fossil gas and/or nuclear energy-related activities that comply with the EU Taxonomy¹?
- YesNo
- In fossil gas	In nuclear energyWhat is the minimum share of investments in transitional and enabling activities?

The fund invests a minimum of 0% in transitional activities and a minimum of 0% in enabling activities.
What is the minimum share of sustainable investments with an environmental objective that are not aligned with the EU Taxonomy?
The fund invests a minimum of 1% in sustainable investments with an environmental objective that is not aligned with the EU Taxonomy.
Investments could be aligned with the EU Taxonomy but the Investment Manager is not currently in a position to specify the exact proportion of the fund’s underlying investments which take into account the EU criteria for environmentally sustainable economic activities. However, the position will be kept under review as the underlying rules are finalised and the availability of reliable data increases over time.
¹Fossil gas and/or nuclear related activities will only comply with the EU Taxonomy where they contribute to limiting climate change (“climate change mitigation”) and do not significantly harm any EU Taxonomy objectives - see explanatory note in the left hand margin. The full criteria for fossil gas and nuclear energy economic activities that comply with the EU Taxonomy are laid down in Commission Delegated Regulation (EU) 2022/1214.
What is the minimum share of socially sustainable investments?
The fund invests a minimum of 1% in sustainable investments with a social objective.
What investments are included under “#2 Other”, what is their purpose and are there any minimum environmental or social safeguards?
The remaining investments of the fund which are not aligned with the favourable ESG characteristics, will be invested in accordance with the financial investment objective of the fund, or cash and cash equivalents for liquidity purposes and derivatives which may be used for investment and efficient portfolio management.
As minimum environmental and social safeguard, all direct investments in corporate issuers will adhere to the Exclusions.

###### Is a specific index designated as a reference benchmark to determine whether this financial product is aligned with the environmental and/or social characteristics that it promotes?
An index has not been designated as a reference benchmark to determine whether this financial product is aligned with the environmental or social characteristics that it promotes.
Reference benchmarks are indexes to measure whether the financial product attains the environmental or social characteristics that they promote.
How is the reference benchmark continuously aligned with each of the environmental or social characteristics promoted by the financial product?
This question is not applicable.
How is the alignment of the investment strategy with the methodology of the index ensured on a continuous basis?
This question is not applicable.
How does the designated index differ from a relevant broad market index?
This question is not applicable.
Where can the methodology used for the calculation of the designated index be found?
This question is not applicable.

###### 	Where can I find more product specific information online?
More product-specific information can be found on the website: https:/www.fidelity.lu/funds/factsheet/LU1116430247/tab-disclosure#SFDR-disclosure. 
Further information on the methodologies set out herein is available on the website: Sustainable investing framework (fidelityinternational.com).
Pre-contractual disclosure for the financial products referred to in Article 8, paragraphs 1, 2 and 2a, of Regulation (EU) 2019/2088 and Article 6, first paragraph, of Regulation (EU) 2020/852
Product name:	Legal entity identifier:
Fidelity Funds - Sustainable Multi Asset Income Fund	549300GG6X1NDTLYIF66

###### Environmental and/or social characteristics
| Does this financial product have a sustainable investment objective? |
| --- |
|  | - Yes
 |  | No |
| - It will make a minimum of sustainable investments with an environmental objective:%
- in economic activities that qualify as environmentally sustainable under the EU Taxonomy
- in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
- It will make a minimum of sustainable investments with a social objective:%
 | It promotes Environmental/Social (E/S) characteristics and while it does not have as its objective a sustainable investment, it will have a minimum proportion of 3% of sustainable investments - with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomywith an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomywith a social objective
- It promotes E/S characteristics, but will not make any sustainable investments
 |

What environmental and/or social characteristics are promoted by this financial product?
Sustainability indicators measure how the environmental or social characteristics promoted by the financial product are attained.
The fund promotes environmental and social characteristics by investing in securities of issuers with favourable ESG characteristics. Favourable ESG characteristics are determined by reference to ESG ratings. ESG ratings consider environmental characteristics including carbon intensity, carbon emissions, energy efficiency, water and waste management and biodiversity, as well as social characteristics including product safety, supply chain, health and safety and human rights.
The fund partially intends to make sustainable investments.
No reference benchmark has been designated for the purpose of attaining the environmental and social characteristics promoted.
What sustainability indicators are used to measure the attainment of each of the environmental or social characteristics promoted by this financial product?
The fund uses the following sustainability indicators in order to measure the attainment of the environmental or social characteristics that it promotes:
- the percentage of the fund invested in securities of issuers with favourable ESG characteristics in accordance with Fidelity’s Sustainable Investing Framework;
- in respect of its direct investments, the percentage of the fund invested in securities of issuers with exposure to the Exclusions (defined below);
- the percentage of the fund invested in sustainable investments;
- the percentage of the fund invested in sustainable investments with an environmental objective in economic activities (that do not qualify as environmentally sustainable under the EU Taxonomy); and
- the percentage of the fund invested in sustainable investments with a social objective.

What are the objectives of the sustainable investments that the financial product partially intends to make and how does the sustainable investment contribute to such objectives?
The fund determines a sustainable investment as follows:
- issuers that undertake economic activities that contribute to one or more of the environmental objectives set out in the EU Taxonomy and qualify as environmentally sustainable in accordance with EU Taxonomy; or
- issuers whereby the majority of their business activities (more than 50% of revenue) contribute to environmental or social objectives aligned with one or more of the United Nations Sustainable Development Goals (“SDGs”); or
- issuers which have set a decarbonisation target consistent with a 1.5 degree warming scenario or lower (verified by the Science Based Target Initiative or a Fidelity Proprietary Climate Rating) which would be considered to contribute to environmental objectives;provided they do no significant harm, meet minimum safeguards and good governance criteria.

How do the sustainable investments that the financial product partially intends to make, not cause significant harm to any environmental or social sustainable investment objective?
Sustainable investments are screened for involvement in activities that cause significant harm and controversies, assessed through a check that the issuer meets minimum safeguards and standards that relate to principal adverse impacts (PAIs) as well as performance on PAI metrics. This includes:
- Norms-based screens - the screening out of securities identified under Fidelity’s existing norms-based screening (as set out below);
- Activity-based screens - the screening out of issuers based on their participation in activities with significant negative impacts on society or the environment, including issuers that are considered to have a ‘Very Severe’ controversy using controversy screens, covering
- environmental issues,
- human rights and communities,
- labour rights and supply chain,
- customers,
- governance; and
	- PAI indicators - quantitative data (where available) on PAI indicators is used to evaluate whether an issuer is involved in activities that cause significant harm to any environmental or social objective.


Principal adverse impacts are the most significant negative impacts of investment decisions on sustainability factors relating to environmental, social and employee matters, respect for human rights, anti- corruption and anti- bribery matters.
How have the indicators for adverse impacts on sustainability factors been taken into account?
For sustainable investments, as set out above, Fidelity undertakes a quantitative evaluation that identifies entities with challenging performance on PAI indicators. Issuers with a low score will be ineligible to be ‘sustainable investments’ unless Fidelity’s fundamental research determines that the issuer is not breaching “do no significant harm” requirements or is on the path to mitigate the adverse impacts through effective management or transition.
How are the sustainable investments aligned with the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights? Details:
Norms-based screens are applied: Issuers identified as failing to behave in a way which meets their fundamental responsibilities in the areas of human rights, labour, environmental and anti-corruption as aligned with international norms including those set out by the OECD Guidelines for Multinational Enterprises, the UN Guiding Principles on Business and Human Rights, the UN Global Compact (UNGC) and the International Labour Organisation (ILO) Conventions, are not considered sustainable investments.
The EU Taxonomy sets out a “do not significant harm” principle by which Taxonomy-aligned investments should not significantly harm EU Taxonomy objectives and is accompanied by specific EU criteria.
The “do no significant harm” principle applies only to those investments underlying the financial product that take into account the EU criteria for environmentally sustainable economic activities. The investments underlying the remaining portion of this financial product do not take into account the EU criteria for environmentally sustainable economic activities.
Any other sustainable investments must also not significantly harm any environmental or social objectives.

###### Does this financial product consider principal adverse impacts on sustainability factors?
Yes
- NoConsideration of the principal adverse impacts on sustainability factors of investment decisions (referred to as principal adverse impacts) is incorporated through a variety of tools, including:
- Due Diligence - analysis of whether impacts on sustainability factors are material and negative.
- ESG rating - Fidelity references ESG ratings which incorporate consideration of material principal adverse impacts such as carbon emissions, employee safety and bribery and corruption, water management and, for sovereign issued securities, ratings used incorporate consideration of material principal adverse impacts such as carbon emissions, social violations and freedom of expression.
- Exclusions - When investing directly in corporate issuers, the fund applies the Exclusions (as defined below) to help mitigate the principal adverse impacts through excluding harmful sectors and prohibiting investment in issuers that breach international standards, such as the UNGC.
- Engagement - Fidelity uses engagement as a tool to better understand principal adverse impacts and, in some circumstances, advocate for mitigating the principal adverse impacts. Fidelity participates in relevant individual and collaborative engagements that target a number of principal adverse impacts (i.e. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Voting - Fidelity’s voting policy includes explicit minimum standards for board gender diversity and engagement with climate change for corporate issuers. Fidelity may also vote to help mitigate principal adverse impacts.
- Quarterly reviews - monitoring of principal adverse impacts through the fund’s quarterly review process.

Fidelity takes into account specific indicators for each sustainability factor when considering whether investments have a principal adverse impact. These indicators are subject to data availability and may evolve with improving data quality and availability.
Information on principal adverse impacts will be available in the annual report of the fund.
The investment strategy guides investment decisions based on factors such as investments objectives and risk tolerance.

######  What investment strategy does this financial product follow?
The fund is part of the Fidelity Sustainable Family of funds and adopts a Sustainable Focused strategy under which a minimum of 70% of the fund’s assets will be invested in securities with favourable ESG characteristics.
Favourable ESG characteristics are determined by reference to ESG ratings provided by external agencies and Fidelity ESG ratings.
Fidelity’s Multi Asset Research team aim to understand an individual manager’s approach to ESG by evaluating how far ESG considerations are integrated within the investment process and philosophy, the analyst’s financial analysis and the composition of the portfolio. They consider how ESG factors are integrated into the investment policy of the strategy, and, where proprietary ratings are used, how ESG research and output is evidenced in individual security weights and any applicable engagement and exclusion policies. The team consults a range of data sources, including Fidelity Sustainability Ratings as well as third-party data, in order to assess the ESG metrics of the relevant strategies.
In respect of its direct investments in corporate issuers, the fund is subject to:
- a firm-wide exclusions list, which includes cluster munitions and anti-personnel landmines, and
- a principle-based screening policy which includes:
	- norms-based screening of issuers which the Investment Manager considers have failed to conduct their business in accordance with international norms, including as set out in the UNGC; and
	- negative screening of certain sectors, issuers or practices based on specific ESG criteria where revenue thresholds may be applied.


The above exclusions and screens (the “Exclusions”) may be updated from time to time. Please refer to the website for further information Sustainable investing framework(fidelityinternational.com).
The Investment Manager also has discretion to implement enhanced, stricter sustainable requirements and exclusions from time to time.
What are the binding elements of the investment strategy used to select the investments to attain each of the environmental or social characteristics promoted by this financial product?
The fund will invest:
- a minimum of 70% of its assets in issuers with favourable ESG characteristics,
- a minimum of 3% in sustainable investments of which a minimum of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 1% have a social objective.

In addition, the fund will systematically apply the Exclusions as described above.
What is the committed minimum rate to reduce the scope of the investments considered prior to the application of that investment strategy?
This question is not applicable.
Good governance practices include sound management structures, employee relations, remuneration of staff and tax compliance.
What is the policy to assess good governance practices of the investee companies?
The governance practices of issuers are assessed using fundamental research, including Fidelity ESG Ratings, data regarding controversies and UN Global Compact violations.
Key points that are analysed include track record of capital allocation, financial transparency, related party transactions, board independence and size, executive pay, auditors and internal oversight, minority shareholder rights, among other indicators.

###### What is the asset allocation planned for this financial product?
Asset allocation describes the share of investments in specific assets.
Taxonomy-aligned activities are expressed as a share of:
- turnover reflecting the share of revenue from green activities of investee companies
- capital expenditure (CapEx) showing the green investments made by investee companies,e.g. for a transition to a green economy.

- operational expenditure (OpEx) reflecting green operational activities of investee companies.
(#1 Aligned with E/S characteristics) The fund will invest:
- a minimum of 70% of its assets in securities of issuers with favourable ESG characteristics;
- a minimum of 3% of its assets in sustainable investments (#1A sustainable) of which a minimum of of 0% have an environmental objective (which is aligned with the EU Taxonomy), a minimum of 1% have an environmental objective (which is not aligned with the EU Taxonomy) and a minimum of 1% have a social objective. The remaining sustainable investments of the fund may have an environmental or social objective.

(#1B Other E/S characteristics) Includes securities of issuers with favourable ESG characteristics but are not sustainable investments.
How does the use of derivatives attain the environmental or social characteristics promoted by the financial product?
Where the security underlying a derivative has favourable ESG characteristics in accordance with Fidelity's Sustainable Investing Framework, the derivative may be included in determining the proportion of the fund dedicated to promotion of environmental or social characteristics.
To what minimum extent are sustainable investments with an environmental objective aligned with the EU Taxonomy?
The fund invests a minimum of 0% in sustainable investments with an environmental objective aligned with the EU Taxonomy.
The compliance of the investments of the fund with the EU Taxonomy will not be subject to an assurance by auditors or a review by third parties.
The EU Taxonomy alignment of the underlying investments of the fund is measured by turnover.
Does the financial product invest in fossil gas and/or nuclear energy-related activities that comply with the EU Taxonomy¹?
- YesNo
- In fossil gas	In nuclear energyWhat is the minimum share of investments in transitional and enabling activities?

The fund invests a minimum of 0% in transitional activities and a minimum of 0% in enabling activities.
What is the minimum share of sustainable investments with an environmental objective that are not aligned with the EU Taxonomy?
The fund invests a minimum of 1% in sustainable investments with an environmental objective that is not aligned with the EU Taxonomy.
Investments could be aligned with the EU Taxonomy but the Investment Manager is not currently in a position to specify the exact proportion of the fund’s underlying investments which take into account the EU criteria for environmentally sustainable economic activities. However, the position will be kept under review as the underlying rules are finalised and the availability of reliable data increases over time.
¹Fossil gas and/or nuclear related activities will only comply with the EU Taxonomy where they contribute to limiting climate change (“climate change mitigation”) and do not significantly harm any EU Taxonomy objectives - see explanatory note in the left hand margin. The full criteria for fossil gas and nuclear energy economic activities that comply with the EU Taxonomy are laid down in Commission Delegated Regulation (EU) 2022/1214.
What is the minimum share of socially sustainable investments?
The fund invests a minimum of 1% in sustainable investments with a social objective.
What investments are included under “#2 Other”, what is their purpose and are there any minimum environmental or social safeguards?
The remaining investments of the fund which are not aligned with the favourable ESG characteristics, will be invested in accordance with the financial investment objective of the fund, or cash and cash equivalents for liquidity purposes and derivatives which may be used for investment and efficient portfolio management.
As minimum environmental and social safeguard, all direct investments in corporate issuers will adhere to the Exclusions.

###### Is a specific index designated as a reference benchmark to determine whether this financial product is aligned with the environmental and/or social characteristics that it promotes?
An index has not been designated as a reference benchmark to determine whether this financial product is aligned with the environmental or social characteristics that it promotes.
Reference benchmarks are indexes to measure whether the financial product attains the environmental or social characteristics that they promote.
How is the reference benchmark continuously aligned with each of the environmental or social characteristics promoted by the financial product?
This question is not applicable.
How is the alignment of the investment strategy with the methodology of the index ensured on a continuous basis?
This question is not applicable.
How does the designated index differ from a relevant broad market index?
This question is not applicable.
Where can the methodology used for the calculation of the designated index be found?
This question is not applicable.

###### 	Where can I find more product specific information online?
More product-specific information can be found on the website: https:/www.fidelity.lu/funds/factsheet/LU0138981039/tab-disclosure#SFDR-disclosure. 
Further information on the methodologies set out herein is available on the website: Sustainable investing framework (fidelityinternational.com).
Pre-contractual disclosure for the financial products referred to in Article 8, paragraphs 1, 2 and 2a, of Regulation (EU) 2019/2088 and Article 6, first paragraph, of Regulation (EU) 2020/852
Product name:	Legal entity identifier:
Fidelity Funds - Multi Asset Dynamic Inflation Fund	549300U9M1GS5XNJ0154

###### Environmental and/or social characteristics
| Does this financial product have a sustainable investment objective? |
| --- |
|  | - Yes
 |  | No |
| - It will make a minimum of sustainable investments with an environmental objective:%
- in economic activities that qualify as environmentally sustainable under the EU Taxonomy
- in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
- It will make a minimum of sustainable investments with a social objective:%
 | - It promotes Environmental/Social (E/S) characteristics and while it does not have as its objective a sustainable investment, it will have a minimum proportion of % of sustainable investments
	- with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomy
	- with an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
	- with a social objectiveIt promotes E/S characteristics, but will not make any sustainable investments

 |

What environmental and/or social characteristics are promoted by this financial product?
Sustainability indicators measure how the environmental or social characteristics promoted by the financial product are attained.
The fund promotes environmental and social characteristics by investing in securities of issuers with favourable ESG characteristics. Favourable ESG characteristics are determined by reference to ESG ratings. ESG ratings consider environmental characteristics including carbon intensity, carbon emissions, energy efficiency, water and waste management and biodiversity, as well as social characteristics including product safety, supply chain, health and safety and human rights.
No reference benchmark has been designated for the purpose of attaining the environmental and social characteristics promoted.
What sustainability indicators are used to measure the attainment of each of the environmental or social characteristics promoted by this financial product?
The fund uses the following sustainability indicators in order to measure the attainment of the environmental or social characteristics that it promotes:
- the percentage of the fund invested in securities of issuers having favourable ESG characteristics in accordance with Fidelity’s Sustainable Investing Framework; and
- the percentage of the fund invested in securities of corporate issuers with exposure to the Exclusions (as defined below).

What are the objectives of the sustainable investments that the financial product partially intends to make and how does the sustainable investment contribute to such objectives?
This question is not applicable as the fund does not intend to make sustainable investments.
How do the sustainable investments that the financial product partially intends to make, not cause significant harm to any environmental or social sustainable investment objective?
This question is not applicable as the fund does not intend to make sustainable investments.
Principal adverse impacts are the most significant negative impacts of investment decisions on sustainability factors relating to environmental, social and employee matters, respect for human rights, anti- corruption and anti- bribery matters.
How have the indicators for adverse impacts on sustainability factors been taken into account?
This question is not applicable.
How are the sustainable investments aligned with the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights? Details:
This question is not applicable.
The EU Taxonomy sets out a “do not significant harm” principle by which Taxonomy-aligned investments should not significantly harm EU Taxonomy objectives and is accompanied by specific EU criteria.
The “do no significant harm” principle applies only to those investments underlying the financial product that take into account the EU criteria for environmentally sustainable economic activities. The investments underlying the remaining portion of this financial product do not take into account the EU criteria for environmentally sustainable economic activities.
Any other sustainable investments must also not significantly harm any environmental or social objectives.

###### Does this financial product consider principal adverse impacts on sustainability factors?
Yes
- NoConsideration of the principal adverse impacts on sustainability factors of investment decisions (referred to as principal adverse impacts) is incorporated through a variety of tools, including:
- Due Diligence - analysis of whether impacts on sustainability factors are material and negative.
- ESG rating - Fidelity references ESG ratings which incorporate consideration of material principal adverse impacts such as carbon emissions, employee safety and bribery and corruption, water management and, for sovereign issued securities, ratings used incorporate consideration of material principal adverse impacts such as carbon emissions, social violations and freedom of expression.
- Exclusions - When investing directly in corporate issuers, the fund applies the Exclusions (as defined below) to help mitigate the principal adverse impacts through excluding harmful sectors and prohibiting investment in issuers that breach international standards, such as the UNGC.
- Engagement - Fidelity uses engagement as a tool to better understand principal adverse impacts and, in some circumstances, advocate for mitigating the principal adverse impacts. Fidelity participates in relevant individual and collaborative engagements that target a number of principal adverse impacts (i.e. Climate Action 100+, Investors Against Slavery and TraffickingAPAC).
- Voting - Fidelity’s voting policy includes explicit minimum standards for board gender diversity and engagement with climate change for corporate issuers. Fidelity may also vote to help mitigate principal adverse impacts.
- Quarterly reviews - monitoring of principal adverse impacts through the fund’s quarterly review process.

Fidelity takes into account specific indicators for each sustainability factor when considering whether investments have a principal adverse impact. These indicators are subject to data availability and may evolve with improving data quality and availability.
Information on principal adverse impacts will be available in the annual report of the fund.
The investment strategy guides investment decisions based on factors such as investments objectives and risk tolerance.

######  What investment strategy does this financial product follow?
A minimum of 50% of the fund’s assets will be invested in securities with favourable ESG characteristics.
Favourable ESG characteristics are determined by reference to ESG ratings provided by external agencies and Fidelity ESG ratings.
Fidelity’s Multi Asset Research team aim to understand an individual manager’s approach to ESG by evaluating how far ESG considerations are integrated within the investment process and philosophy, the analyst’s financial analysis and the composition of the portfolio. They consider how ESG factors are integrated into the investment policy of the strategy, and, where proprietary ratings are used, how ESG research and output is evidenced in individual security weights and any applicable engagement and exclusion policies. The team consults a range of data sources, including Fidelity ESG ratings as well as third-party data, in order to assess the ESG metrics of the relevant strategies.
In respect of its direct investment in corporate issuers, the fund is subject to:
- a firm-wide exclusions list, which includes cluster munitions and anti-personnel landmines; and
- norms-based screening of issuers which the investment manager considers have failed to conduct their business in accordance with international norms, including as set out in the UNGC.

The above exclusions and screens (the “Exclusions”) may be updated from time to time. Please refer to the website for further information Sustainable investing framework(fidelityinternational.com).
The investment manager also has discretion to implement enhanced, stricter sustainable requirements and exclusions from time to time.
What are the binding elements of the investment strategy used to select the investments to attain each of the environmental or social characteristics promoted by this financial product?
The fund will invest a minimum of 50% of its assets in issuers with favourable ESG characteristics.
In addition, the fund will apply the Exclusions, as described above, to all direct investments in corporate issuers.
What is the committed minimum rate to reduce the scope of the investments considered prior to the application of that investment strategy?
This question is not applicable.
Good governance practices include sound management structures, employee relations, remuneration of staff and tax compliance.
What is the policy to assess good governance practices of the investee companies?
The governance practices of issuers are assessed using fundamental research, including as part of the ESG ratings provided by external agencies or Fidelity ESG ratings.
Key points that are analysed include track record of capital allocation, financial transparency, related party transactions, board independence and size, executive pay, auditors and internal oversight, minority shareholder rights, among other indicators. For sovereign issuers, factors such as corruption and freedom of expression are included.
Asset allocation describes the share of investments in specific assets.
Taxonomy-aligned activities are expressed as a share of:
- turnover reflecting the share of revenue from green activities of investee companies
- capital expenditure (CapEx) showing the green investments made by investee companies,e.g. for a transition to a green economy.

- operational expenditure (OpEx) reflecting green operational activities of investee companies.

###### 	What is the asset allocation planned for this financial product?
(#1 Aligned with E/S characteristics) The fund will invest a minimum of 50% of its assets in securities of issuers with favourable ESG characteristics.
How does the use of derivatives attain the environmental or social characteristics promoted by the financial product?
Where the security underlying a derivative has favourable ESG characteristics in accordance with Fidelity's Sustainable Investing Framework, the derivative may be included in determining the proportion of the fund dedicated to promotion of environmental or social characteristics.
To what minimum extent are sustainable investments with an environmental objective aligned with the EU Taxonomy?
The fund invests a minimum of 0% in sustainable investments with an environmental objective aligned with the EU Taxonomy.
The compliance of the investments of the fund with the EU Taxonomy will not be subject to an assurance by auditors or a review by third parties.
The EU Taxonomy alignment of the underlying investments of the fund is measured by turnover.
Does the financial product invest in fossil gas and/or nuclear energy-related activities that comply with the EU Taxonomy¹?
Yes
No
In fossil gas	In nuclear energy
What is the minimum share of investments in transitional and enabling activities?
The fund invests a minimum of 0% in transitional activities and a minimum of 0% in enabling activities.
What is the minimum share of sustainable investments with an environmental objective that are not aligned with the EU Taxonomy?
This question is not applicable as the fund does not intend to make sustainable investments.
What is the minimum share of socially sustainable investments?
This question is not applicable as the fund does not intend to make sustainable investments.
What investments are included under “#2 Other”, what is their purpose and are there any minimum environmental or social safeguards?
The remaining investments of the fund will be invested in assets aligned with the financial objective of the fund, cash and cash equivalents for liquidity purposes and derivatives which may be used for investment and efficient portfolio management.
As a minimum environmental and social safeguard, the fund will adhere to the Exclusions.

###### Is a specific index designated as a reference benchmark to determine whether this financial product is aligned with the environmental and/or social characteristics that it promotes?
An index has not been designated as a reference benchmark to determine whether this financial product is aligned with the environmental or social characteristics that it promotes.
¹Fossil gas and/or nuclear related activities will only comply with the EU Taxonomy where they contribute to limiting climate change (“climate change mitigation”) and do not significantly harm any EU Taxonomy objectives - see explanatory note in the left hand margin. The full criteria for fossil gas and nuclear energy economic activities that comply with the EU Taxonomy are laid down in Commission Delegated Regulation (EU) 2022/1214.
Reference benchmarks are indexes to measure whether the financial product attains the environmental or social characteristics that they promote.
How is the reference benchmark continuously aligned with each of the environmental or social characteristics promoted by the financial product?
This question is not applicable.
How is the alignment of the investment strategy with the methodology of the index ensured on a continuous basis?
This question is not applicable.
How does the designated index differ from a relevant broad market index?
This question is not applicable.
Where can the methodology used for the calculation of the designated index be found?
This question is not applicable.

###### 	Where can I find more product specific information online?
More product-specific information can be found on the website: https:/www.fidelity.lu/funds/factsheet/LU251130554/tab-disclosure#SFDR-disclosure
Further information on the methodologies set out herein is available on the website: Sustainable investing framework (fidelityinternational.com).
Pre-contractual disclosure for the financial products referred to in Article 8, paragraphs 1, 2 and 2a, of Regulation (EU) 2019/2088 and Article 6, first paragraph, of Regulation (EU) 2020/852
Product name:	Legal entity identifier:
Fidelity Funds - Euro Cash Fund	549300JLOE1H4LO06859

###### Environmental and/or social characteristics
| Does this financial product have a sustainable investment objective? |
| --- |
|  | - Yes
 |  | No |
| - It will make a minimum of sustainable investments with an environmental objective:%
- in economic activities that qualify as environmentally sustainable under the EU Taxonomy
- in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
- It will make a minimum of sustainable investments with a social objective:%
 | - It promotes Environmental/Social (E/S) characteristics and while it does not have as its objective a sustainable investment, it will have a minimum proportion of % of sustainable investments
	- with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomy
	- with an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
	- with a social objectiveIt promotes E/S characteristics, but will not make any sustainable investments

 |

What environmental and/or social characteristics are promoted by this financial product?
Sustainability indicators measure how the environmental or social characteristics promoted by the financial product are attained.
The fund promotes environmental and social characteristics by investing in securities of issuers with favourable ESG characteristics. Favourable ESG characteristics are determined by reference to ESG ratings. ESG ratings consider environmental characteristics including carbon intensity, carbon emissions, energy efficiency, water and waste management and biodiversity, as well as social characteristics including product safety, supply chain, health and safety and human rights.
No reference benchmark has been designated for the purpose of attaining the environmental and social characteristics promoted.
What sustainability indicators are used to measure the attainment of each of the environmental or social characteristics promoted by this financial product?
The fund uses the following sustainability indicators in order to measure the attainment of the environmental or social characteristics that it promotes:
- the percentage of the fund invested in securities of issuers having favourable ESG characteristics in accordance with Fidelity’s Sustainable Investing Framework; and
- the percentage of the fund invested in securities of issuers with exposure to the Exclusions (as defined below).

What are the objectives of the sustainable investments that the financial product partially intends to make and how does the sustainable investment contribute to such objectives?
This question is not applicable as the fund does not intend to make sustainable investments.
How do the sustainable investments that the financial product partially intends to make, not cause significant harm to any environmental or social sustainable investment objective?
This question is not applicable as the fund does not intend to make sustainable investments.
Principal adverse impacts are the most significant negative impacts of investment decisions on sustainability factors relating to environmental, social and employee matters, respect for human rights, anti- corruption and anti- bribery matters.
How have the indicators for adverse impacts on sustainability factors been taken into account?
This question is not applicable.
How are the sustainable investments aligned with the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights? Details:
This question is not applicable.
The EU Taxonomy sets out a “do not significant harm” principle by which Taxonomy-aligned investments should not significantly harm EU Taxonomy objectives and is accompanied by specific EU criteria.
The “do no significant harm” principle applies only to those investments underlying the financial product that take into account the EU criteria for environmentally sustainable economic activities. The investments underlying the remaining portion of this financial product do not take into account the EU criteria for environmentally sustainable economic activities.
Any other sustainable investments must also not significantly harm any environmental or social objectives.

###### Does this financial product consider principal adverse impacts on sustainability factors?
Yes
- NoConsideration of the principal adverse impacts on sustainability factors of investment decisions (referred to as principal adverse impacts) is incorporated through a variety of tools, including:
- Due Diligence - analysis of whether impacts on sustainability factors are material and negative.
- ESG rating - Fidelity references ESG ratings which incorporate consideration of material principal adverse impacts such as carbon emissions, employee safety and bribery and corruption, water management and, for sovereign issued securities, ratings used incorporate consideration of material principal adverse impacts such as carbon emissions, social violations and freedom of expression.
- Exclusions - When investing directly in corporate issuers, the fund applies the Exclusions (as defined below) to help mitigate the principal adverse impacts through excluding harmful sectors and prohibiting investment in issuers that breach international standards, such as the UNGC.
- Engagement - Fidelity uses engagement as a tool to better understand principal adverse impacts and, in some circumstances, advocate for mitigating the principal adverse impacts. Fidelity participates in relevant individual and collaborative engagements that target a number of principal adverse impacts (i.e. Climate Action 100+, Investors Against Slavery and TraffickingAPAC).
- Voting - Fidelity’s voting policy includes explicit minimum standards for board gender diversity and engagement with climate change for corporate issuers. Fidelity may also vote to help mitigate principal adverse impacts.
- Quarterly reviews - monitoring of principal adverse impacts through the fund’s quarterly review process.

Fidelity takes into account specific indicators for each sustainability factor when considering whether investments have a principal adverse impact. These indicators are subject to data availability and may evolve with improving data quality and availability.
Information on principal adverse impacts will be available in the annual report of the fund.
The investment strategy guides investment decisions based on factors such as investments objectives and risk tolerance.

######  What investment strategy does this financial product follow?
The fund is part of the Fidelity Sustainable Family of funds and adopts a Sustainable Focused strategy under which a minimum of 70% of the fund’s assets will be invested in securities with favourable ESG characteristics.
Favourable ESG characteristics are determined by reference to ESG ratings provided by external agencies and Fidelity ESG ratings.
Issuers that are not assessed as having favourable ESG characteristics for the purposes of the primary objective (minimum 70% of assets) are eligible for inclusion, with up to 30% of assets, provided they are able to demonstrate that they are on an improving trajectory with respect to their ESG characteristics.
In respect of its direct investments, the fund is subject to:
- a firm-wide exclusions list, which includes cluster munitions and anti-personnel landmines; and
- a principle-based screening policy which includes:
	- norms-based screening of issuers which the Investment Manager considers have failed to conduct their business in accordance with international norms, including as set out in the UNGC; and
	- negative screening of certain sectors, issuers or practices based on specific ESG criteria where revenue thresholds may be applied.


The above exclusions and screens (the “Exclusions”) may be updated from time to time. Please refer to the website for further information Sustainable investing framework(fidelityinternational.com).
The Investment Manager also has discretion to implement enhanced, stricter sustainable requirements and exclusions from time to time.
What are the binding elements of the investment strategy used to select the investments to attain each of the environmental or social characteristics promoted by this financial product?
The fund will invest a minimum of 70% of its assets in issuers with favourable ESG characteristics.
In addition, the fund will apply the Exclusions, as described above, to all direct investments in corporate issuers.
What is the committed minimum rate to reduce the scope of the investments considered prior to the application of that investment strategy?
This question is not applicable.
Good governance practices include sound management structures, employee relations, remuneration of staff and tax compliance.
What is the policy to assess good governance practices of the investee companies?
The governance practices of issuers are assessed using fundamental research, including as part of the ESG ratings provided by external agencies and Fidelity ESG ratings.
Key points that are analysed include track record of capital allocation, financial transparency, related party transactions, board independence and size, executive pay, auditors and internal oversight, minority shareholder rights, among other indicators. For sovereign issuers, factors such as corruption and freedom of expression are included.
Asset allocation describes the share of investments in specific assets.
Taxonomy-aligned activities are expressed as a share of:
- turnover reflecting the share of revenue from green activities of investee companies
- capital expenditure (CapEx) showing the green investments made by investee companies,e.g. for a transition to a green economy.

- operational expenditure (OpEx) reflecting green operational activities of investee companies.

###### 	What is the asset allocation planned for this financial product?
(#1 Aligned with E/S characteristics) The fund will invest a minimum of 70% of its assets in securities of issuers with favourable ESG characteristics.
How does the use of derivatives attain the environmental or social characteristics promoted by the financial product?
Where the security underlying a derivative has favourable ESG characteristics in accordance with Fidelity's Sustainable Investing Framework, the derivative may be included in determining the proportion of the fund dedicated to promotion of environmental or social characteristics.
To what minimum extent are sustainable investments with an environmental objective aligned with the EU Taxonomy?
The fund invests a minimum of 0% in sustainable investments with an environmental objective aligned with the EU Taxonomy.
The compliance of the investments of the fund with the EU Taxonomy will not be subject to an assurance by auditors or a review by third parties.
The EU Taxonomy alignment of the underlying investments of the fund is measured by turnover.
Does the financial product invest in fossil gas and/or nuclear energy-related activities that comply with the EU Taxonomy¹?
- YesNo
- In fossil gas	In nuclear energy¹Fossil gas and/or nuclear related activities will only comply with the EU Taxonomy where they contribute to limiting climate change (“climate change mitigation”) and do not significantly harm any EU Taxonomy objectives - see explanatory note in the left hand margin. The full criteria for fossil gas and nuclear energy economic activities that comply with the EU Taxonomy are laid down in Commission Delegated Regulation (EU) 2022/1214.

What is the minimum share of investments in transitional and enabling activities?
The fund invests a minimum of 0% in transitional activities and a minimum of 0% in enabling activities.
What is the minimum share of sustainable investments with an environmental objective that are not aligned with the EU Taxonomy?
This question is not applicable as the fund does not intend to make sustainable investments.
What is the minimum share of socially sustainable investments?
This question is not applicable as the fund does not intend to make sustainable investments.
What investments are included under “#2 Other”, what is their purpose and are there any minimum environmental or social safeguards?
The remaining investments of the fund may be invested in securities of issuers that are able to demonstrate that they are on an improving trajectory with respect to their ESG characteristics, as well as cash and cash equivalents for liquidity purposes and derivatives which may be used for investment and efficient portfolio management.
As a minimum environmental and social safeguard, the fund will adhere to the Exclusions.

###### Is a specific index designated as a reference benchmark to determine whether this financial product is aligned with the environmental and/or social characteristics that it promotes?
An index has not been designated as a reference benchmark to determine whether this financial product is aligned with the environmental or social characteristics that it promotes.
Reference benchmarks are indexes to measure whether the financial product attains the environmental or social characteristics that they promote.
How is the reference benchmark continuously aligned with each of the environmental or social characteristics promoted by the financial product?
This question is not applicable.
How is the alignment of the investment strategy with the methodology of the index ensured on a continuous basis?
This question is not applicable.
How does the designated index differ from a relevant broad market index?
This question is not applicable.
Where can the methodology used for the calculation of the designated index be found?
This question is not applicable.

###### 	Where can I find more product specific information online?
More product-specific information can be found on the website: https:/www.fidelity.lu/funds/factsheet/LU0261953490/tab-disclosure#SFDR-disclosure. 
Further information on the methodologies set out herein is available on the website: Sustainable investing framework (fidelityinternational.com).
Pre-contractual disclosure for the financial products referred to in Article 8, paragraphs 1, 2 and 2a, of Regulation (EU) 2019/2088 and Article 6, first paragraph, of Regulation (EU) 2020/852
Product name:	Legal entity identifier:
Fidelity Funds - US Dollar Cash Fund	549300VCV3WGOB2T4874

###### Environmental and/or social characteristics
| Does this financial product have a sustainable investment objective? |
| --- |
|  | - Yes
 |  | No |
| - It will make a minimum of sustainable investments with an environmental objective:%
- in economic activities that qualify as environmentally sustainable under the EU Taxonomy
- in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
- It will make a minimum of sustainable investments with a social objective:%
 | - It promotes Environmental/Social (E/S) characteristics and while it does not have as its objective a sustainable investment, it will have a minimum proportion of % of sustainable investments
	- with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomy
	- with an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy
	- with a social objectiveIt promotes E/S characteristics, but will not make any sustainable investments

 |

What environmental and/or social characteristics are promoted by this financial product?
Sustainability indicators measure how the environmental or social characteristics promoted by the financial product are attained.
The fund promotes environmental and social characteristics by investing in securities of issuers with favourable ESG characteristics. Favourable ESG characteristics are determined by reference to ESG ratings. ESG ratings consider environmental characteristics including carbon intensity, carbon emissions, energy efficiency, water and waste management and biodiversity, as well as social characteristics including product safety, supply chain, health and safety and human rights.
No reference benchmark has been designated for the purpose of attaining the environmental and social characteristics promoted.
What sustainability indicators are used to measure the attainment of each of the environmental or social characteristics promoted by this financial product?
The fund uses the following sustainability indicators in order to measure the attainment of the environmental or social characteristics that it promotes:
- the percentage of the fund invested in securities of issuers having favourable ESG characteristics in accordance with Fidelity’s Sustainable Investing Framework; and
- the percentage of the fund invested in securities of issuers with exposure to the Exclusions (as defined below).

What are the objectives of the sustainable investments that the financial product partially intends to make and how does the sustainable investment contribute to such objectives?
This question is not applicable as the fund does not intend to make sustainable investments.
How do the sustainable investments that the financial product partially intends to make, not cause significant harm to any environmental or social sustainable investment objective?
This question is not applicable as the fund does not intend to make sustainable investments.
Principal adverse impacts are the most significant negative impacts of investment decisions on sustainability factors relating to environmental, social and employee matters, respect for human rights, anti- corruption and anti- bribery matters.
How have the indicators for adverse impacts on sustainability factors been taken into account?
This question is not applicable.
How are the sustainable investments aligned with the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights? Details:
This question is not applicable.
The EU Taxonomy sets out a “do not significant harm” principle by which Taxonomy-aligned investments should not significantly harm EU Taxonomy objectives and is accompanied by specific EU criteria.
The “do no significant harm” principle applies only to those investments underlying the financial product that take into account the EU criteria for environmentally sustainable economic activities. The investments underlying the remaining portion of this financial product do not take into account the EU criteria for environmentally sustainable economic activities.
Any other sustainable investments must also not significantly harm any environmental or social objectives.

###### Does this financial product consider principal adverse impacts on sustainability factors?
Yes
- NoConsideration of the principal adverse impacts on sustainability factors of investment decisions (referred to as principal adverse impacts) is incorporated through a variety of tools, including:
- Due Diligence - analysis of whether impacts on sustainability factors are material and negative.
- ESG rating - Fidelity references ESG ratings which incorporate consideration of material principal adverse impacts such as carbon emissions, employee safety and bribery and corruption, water management and, for sovereign issued securities, ratings used incorporate consideration of material principal adverse impacts such as carbon emissions, social violations and freedom of expression.
- Exclusions - When investing directly in corporate issuers, the fund applies the Exclusions (as defined below) to help mitigate the principal adverse impacts through excluding harmful sectors and prohibiting investment in issuers that breach international standards, such as the UNGC.
- Engagement - Fidelity uses engagement as a tool to better understand principal adverse impacts and, in some circumstances, advocate for mitigating the principal adverse impacts. Fidelity participates in relevant individual and collaborative engagements that target a number of principal adverse impacts (i.e. Climate Action 100+, Investors Against Slavery and TraffickingAPAC).
- Voting - Fidelity’s voting policy includes explicit minimum standards for board gender diversity and engagement with climate change for corporate issuers. Fidelity may also vote to help mitigate principal adverse impacts.
- Quarterly reviews - monitoring of principal adverse impacts through the fund’s quarterly review process.

Fidelity takes into account specific indicators for each sustainability factor when considering whether investments have a principal adverse impact. These indicators are subject to data availability and may evolve with improving data quality and availability.
Information on principal adverse impacts will be available in the annual report of the fund.
The investment strategy guides investment decisions based on factors such as investments objectives and risk tolerance.

######  What investment strategy does this financial product follow?
The fund is part of the Fidelity Sustainable Family of funds and adopts a Sustainable Focused strategy under which a minimum of 70% of the fund’s assets will be invested in securities with favourable ESG characteristics.
Favourable ESG characteristics are determined by reference to ESG ratings provided by external agencies and Fidelity ESG ratings.
Issuers that are not assessed as having favourable ESG characteristics for the purposes of the primary objective (minimum 70% of assets) are eligible for inclusion, with up to 30% of assets, provided they are able to demonstrate that they are on an improving trajectory with respect to their ESG characteristics.
In respect of its direct investments, the fund is subject to:
- a firm-wide exclusions list, which includes cluster munitions and anti-personnel landmines; and
- a principle-based screening policy which includes:
	- norms-based screening of issuers which the Investment Manager considers have failed to conduct their business in accordance with international norms, including as set out in the UNGC; and
	- negative screening of certain sectors, issuers or practices based on specific ESG criteria where revenue thresholds may be applied.


The above exclusions and screens (the “Exclusions”) may be updated from time to time. Please refer to the website for further information Sustainable investing framework(fidelityinternational.com).
The Investment Manager also has discretion to implement enhanced, stricter sustainable requirements and exclusions from time to time.
What are the binding elements of the investment strategy used to select the investments to attain each of the environmental or social characteristics promoted by this financial product?
The fund will invest a minimum of 70% of its assets in issuers with favourable ESG characteristics.
In addition, the fund will apply the Exclusions, as described above, to all direct investments in corporate issuers.
What is the committed minimum rate to reduce the scope of the investments considered prior to the application of that investment strategy?
This question is not applicable.
Good governance practices include sound management structures, employee relations, remuneration of staff and tax compliance.
What is the policy to assess good governance practices of the investee companies?
The governance practices of issuers are assessed using fundamental research, including as part of the ESG ratings provided by external agencies and Fidelity ESG ratings.
Key points that are analysed include track record of capital allocation, financial transparency, related party transactions, board independence and size, executive pay, auditors and internal oversight, minority shareholder rights, among other indicators. For sovereign issuers, factors such as corruption and freedom of expression are included.
Asset allocation describes the share of investments in specific assets.
Taxonomy-aligned activities are expressed as a share of:
- turnover reflecting the share of revenue from green activities of investee companies
- capital expenditure (CapEx) showing the green investments made by investee companies,e.g. for a transition to a green economy.

- operational expenditure (OpEx) reflecting green operational activities of investee companies.

###### 	What is the asset allocation planned for this financial product?
(#1 Aligned with E/S characteristics) The fund will invest a minimum of 70% of its assets in securities of issuers with favourable ESG characteristics.
How does the use of derivatives attain the environmental or social characteristics promoted by the financial product?
Where the security underlying a derivative has favourable ESG characteristics in accordance with Fidelity's Sustainable Investing Framework, the derivative may be included in determining the proportion of the fund dedicated to promotion of environmental or social characteristics.
To what minimum extent are sustainable investments with an environmental objective aligned with the EU Taxonomy?
The fund invests a minimum of 0% in sustainable investments with an environmental objective aligned with the EU Taxonomy.
The compliance of the investments of the fund with the EU Taxonomy will not be subject to an assurance by auditors or a review by third parties.
The EU Taxonomy alignment of the underlying investments of the fund is measured by turnover.
Does the financial product invest in fossil gas and/or nuclear energy-related activities that comply with the EU Taxonomy¹?
- YesNo
- In fossil gas	In nuclear energy¹Fossil gas and/or nuclear related activities will only comply with the EU Taxonomy where they contribute to limiting climate change (“climate change mitigation”) and do not significantly harm any EU Taxonomy objectives - see explanatory note in the left hand margin. The full criteria for fossil gas and nuclear energy economic activities that comply with the EU Taxonomy are laid down in Commission Delegated Regulation (EU) 2022/1214.

What is the minimum share of investments in transitional and enabling activities?
The fund invests a minimum of 0% in transitional activities and a minimum of 0% in enabling activities.
What is the minimum share of sustainable investments with an environmental objective that are not aligned with the EU Taxonomy?
This question is not applicable as the fund does not intend to make sustainable investments.
What is the minimum share of socially sustainable investments?
This question is not applicable as the fund does not intend to make sustainable investments.
What investments are included under “#2 Other”, what is their purpose and are there any minimum environmental or social safeguards?
The remaining investments of the fund may be invested in securities of issuers that are able to demonstrate that they are on an improving trajectory with respect to their ESG characteristics, as well as cash and cash equivalents for liquidity purposes and derivatives which may be used for investment and efficient portfolio management.
As a minimum environmental and social safeguard, the fund will adhere to the Exclusions.

###### Is a specific index designated as a reference benchmark to determine whether this financial product is aligned with the environmental and/or social characteristics that it promotes?
An index has not been designated as a reference benchmark to determine whether this financial product is aligned with the environmental or social characteristics that it promotes.
Reference benchmarks are indexes to measure whether the financial product attains the environmental or social characteristics that they promote.
How is the reference benchmark continuously aligned with each of the environmental or social characteristics promoted by the financial product?
This question is not applicable.
How is the alignment of the investment strategy with the methodology of the index ensured on a continuous basis?
This question is not applicable.
How does the designated index differ from a relevant broad market index?
This question is not applicable.
Where can the methodology used for the calculation of the designated index be found?
This question is not applicable.

###### 	Where can I find more product specific information online?
More product-specific information can be found on the website: https:/www.fidelity.lu/funds/factsheet/LU0261952922/tab-disclosure#SFDR-disclosure. 
Further information on the methodologies set out herein is available on the website: Sustainable investing framework (fidelityinternational.com).
Fidelity, Fidelity International, the Fidelity International logo and symbol are trademarks of FIL Limited.
Fidelity Funds | December 2023 Prospectus

Translation (ENDE, 2023-12-18):
# Management und Governance
### Die SICAV
Name und Sitz
Fidelity Funds
2a Rue Albert Borschette, BP 2174 L-1246 Luxemburg
Website fidelityinternational.com
Rechtsform Offener Investmentfonds, der als Société d'Investissement à Capital Variable (SICAV) organisiert ist
Gerichtsstand Luxemburg Eingetragen am 15. Juni 1990 Dauer Unbefristet
Satzung Erstveröffentlichung im Mémorial, Recueil Spécial des Sociétés et Associations am 21. August 1990; letzte Änderungen veröffentlicht im Mémorial am 3. April 2019
Aufsichtsbehörde
Commission de Surveillance du Secteur Financier
283, route d’Arlon, L-1150 Luxemburg
Registernummer (Handels- und Gesellschaftsregister Luxemburg) 34 036
Geschäftsjahr 1. Mai bis 30. April
Kapital Summe des Nettovermögens aller Teilfonds
Mindestkapital 1.250.000 EUR oder Gegenwert in einer anderen Währung
Nennwert der Anteile Keiner
Struktur und geltendes Recht
Die SICAV gilt als OGAW im Sinne von Teil 1 des Gesetzes von 2010 und ist als solche bei der CSSF registriert. Die Registrierung bei der CSSF stellt keine Billigung oder Erklärung über die Angemessenheit oder Richtigkeit eines Prospekts dar. Die SICAV fungiert als „Dachfonds“, unter dem die Teilfonds geschaffen und betrieben werden. Die Vermögenswerte und Verbindlichkeiten jedes Teilfonds sind von denen anderer Teilfonds getrennt; es besteht keine Kreuzverbindlichkeit, und ein Gläubiger eines Teilfonds hat keinen Rückgriff auf die Vermögenswerte anderer Teilfonds.
Streitigkeiten zwischen den Anteilinhabern, der Verwaltungsgesellschaft und der Verwahrstelle werden nach luxemburgischem Recht und unter der Zuständigkeit des Amtsgerichts Luxemburg beigelegt. Bei Streitigkeiten mit Investoren, die in anderen Ländern ansässig sind, oder bei Transaktionen mit Aktien, die in anderen Ländern stattfinden, können sich die Verwaltungsgesellschaft oder die Verwahrstelle und die SICAV jedoch der Gerichtsbarkeit dieser Länder unterwerfen. Um eine Beschwerde einzureichen, wenden Sie sich an die Compliance-Abteilung der Verwaltungsgesellschaft (siehe Kontaktinformationen auf Seite 3).
Die Möglichkeit, dass ein Anteilinhaber Ansprüche gegen die SICAV geltend macht, erlischt 5 Jahre nach dem Ereignis, auf das sich der Anspruch stützen würde.
Der Verwaltungsrat
Anne Richards, CVO, CBE (Vorsitzende)
CEO, FIL
Vereinigtes Königreich
Anouk Agnes (unabhängiges Verwaltungsratsmitglied)
Luxemburg
Dr. Yousef A. Al-Awadi, KBE (nicht geschäftsführendes Verwaltungsratsmitglied)
Kuwait
Romain Boscher (nicht geschäftsführendes Verwaltungsratsmitglied)
Didier Cherpitel (nicht geschäftsführendes Verwaltungsratsmitglied)
Schweiz
Carine Feipel (unabhängiger Verwaltungsrat)
Luxemburg
Jeffrey Lagarce (nicht geschäftsführendes Verwaltungsratsmitglied)
USA
Glen Moreno (nicht geschäftsführendes Verwaltungsratsmitglied)
USA
Jon Skillman (unabhängiges Verwaltungsratsmitglied)
Luxemburg
FIL (Luxembourg) S.A.
Vertreten durch Nishith Gandhi
Der Verwaltungsrat ist für die allgemeine Anlagepolitik, die Ziele und die Verwaltung des SICAV und der Teilfonds verantwortlich und verfügt, wie in der Satzung ausführlicher beschrieben, über weitreichende Befugnisse, um im Namen der SICAV und der Teilfonds zu handeln, einschließlich:
- Ernennung und Beaufsichtigung der Verwaltungsgesellschaft
- Festlegung der Anlagepolitik und Genehmigung der Ernennung eines Investmentmanagers, Unter- Investmentmanagers oder Anlageberaters
- alle Entscheidungen in Bezug auf die Auflegung, Änderung, Verschmelzung, Aufspaltung, Liquidation oder Einstellung von Teilfonds und Anteilsklassen, einschließlich Angelegenheiten wie	Zeitpunkt,	Preisgestaltung,	Gebühren, Ausschüttungspolitik und Zahlung von Dividenden, Liquidation der SICAV und anderen Bedingungen
- Festlegung der Zulassungsvoraussetzungen und Eigentumsbeschränkungen für Anleger in einem Teilfonds oder einer Anteilsklasse und der Schritte, die im Falle eines Verstoßes unternommen werden können
- Feststellung der Verfügbarkeit einer Anteilsklasse für einen Anleger oder eine Vertriebsstelle oder in einem Hoheitsgebiet
- Festlegung, wann und wie die SICAV ihre Rechte ausüben und die Mitteilungen an die Anteilinhaber verteilen oder veröffentlichen wird
- Sicherstellung, dass die Ernennungen der Verwaltungsgesellschaft und der Verwahrstelle mit dem Gesetz von 2010 und allen anwendbaren Verträgen der SICAV im Einklang stehen
- Festlegung, ob Anteile an der Luxemburger Börse (was derzeit für einige Anteile der Fall ist) oder an anderen Börsen notiert werden sollenDer Verwaltungsrat hat die laufende Verwaltung der SICAV und ihrer Teilfonds an die Verwaltungsgesellschaft delegiert, die wiederum einige oder alle ihrer Aufgaben an verschiedene Investmentmanager und andere Dienstleister delegiert hat, die jedoch ihrer Gesamtkontrolle und - beaufsichtigung unterliegen.

Der Verwaltungsrat ist für die Informationen in diesem Prospekt verantwortlich und hat alle zumutbaren Vorkehrungen getroffen, um sicherzustellen, dass er im Wesentlichen richtig, vollständig und nicht irreführend ist. Der Prospekt wird bei Bedarf aktualisiert, wenn Teilfonds hinzugefügt oder eingestellt oder andere wesentliche Änderungen vorgenommen werden.
Verwaltungsratsmitglieder bleiben im Amt bis ihre Amtszeit endet oder bis sie im Einklang mit der Satzung abberufen werden. Alle zusätzlichen Verwaltungsratsmitglieder werden in Übereinstimmung mit der Satzung und dem luxemburgischen Gesetz ernannt. Unabhängige Verwaltungsratsmitglieder (Verwaltungsratsmitglieder, die keine Mitarbeiter einer Gesellschaft der FIL-Gruppe sind) haben Anspruch auf Vergütung für ihre Tätigkeit im Verwaltungsrat und auf Erstattung von Aufwendungen im Zusammenhang mit ihrer Tätigkeit als Verwaltungsratsmitglieder.
Die Mitglieder des Verwaltungsrats werden durch die SICAV von der Haftung und damit zusammenhängenden Aufwendungen in Verbindung mit gegen sie geltend gemachten Forderungen aus Gründen, die mit ihrer Eigenschaft als Mitglieder des Verwaltungsrats oder leitende Angestellte zusammenhängen, schadlos gehalten. Die Freistellung erfolgt nicht in Bezug auf die Haftung gegenüber der SICAV oder ihren Anteilinhabern aufgrund vorsätzlicher Kompetenzüberschreitung, böser Absicht, Fahrlässigkeit, rücksichtsloser Pflichtverletzung oder in Bezug auf andere Angelegenheiten, hinsichtlich derer endgültig gerichtlich festgestellt ist, dass die betreffende Person nicht in gutem und vernünftigem Glauben, ihr Vorgehen sei im Interesse der SICAV gewesen, gehandelt hat.
Von der SICAV beauftragte Fachgesellschaften
Die Verwaltungsgesellschaft und verschiedene Fachgesellschaften werden von der SICAV mittels auf unbestimmte Zeit laufender Dienstleistungsvereinbarungen beauftragt.	Die	SICAV	kann	diese Dienstleistungsvereinbarungen sofort kündigen, wenn sie feststellt, dass dies im Interesse der Anteilinhaber liegt. Andernfalls kann der Begünstigte einer dieser Dienstleistungsvereinbarungen zurücktreten oder von der SICAV ersetzt werden (im Falle der Verwahrstelle mit einer Frist von 90 Tagen). Unabhängig von den Umständen der Kündigung muss jede Fachgesellschaft bei einem Übergang ihrer Aufgaben im Einklang mit ihrer Dienstleistungsvereinbarung, ihren gesetzlichen Pflichten und den Anweisungen des Verwaltungsrats in vollem Umfang kooperieren.
Verwaltungsgesellschaft
Siehe „Die Verwaltungsgesellschaft“ auf Seite 271.
Verwaltungsgesellschaft
FIL Investment Management (Luxembourg) S.A.
2a Rue Albert Borschette, BP 2174 L-1246 Luxemburg
Siehe „Die Verwaltungsgesellschaft“ auf Seite 271.
Verwahrstelle
Brown Brothers Harriman (Luxembourg) S.C.A.
80 Route d’Esch
L-1470 Luxemburg
Die Verwahrstelle erbringt folgende Dienstleistungen:
- Verwahrung der Vermögenswerte der SICAV (Verwahrung von Vermögenswerten, die verwahrt werden können, Überprüfung der Eigentumsverhältnisse und Aufbewahrung sonstiger Vermögenswerte)
- Erfüllung von Aufsichtspflichten, um sicherzustellen, dass die in der Verwahrstellenvereinbarung definierten Tätigkeiten gemäß den Anweisungen des Verwaltungsrats und vor allem gemäß dem Gesetz von 2010 und der Satzung durchgeführt werden; dazu gehören die Berechnung des NAV, die Ausgabe von Teilfondsanteilen und die rechtzeitige Entgegennahme und Zuweisung von Erträgen und Erlösen an die einzelnen Teilfonds und Anteilsklassen, wie unter anderem
- die Cashflow-ÜberwachungDie Verwahrstelle hat bei der Wahrnehmung ihrer Aufgaben angemessene Sorgfalt walten zu lassen und haftet gegenüber der SICAV und den Anteilinhabern für Verluste, die sich aus der Nichterfüllung ihrer Aufgaben im Sinne der Verwahrstellenvereinbarung ergeben.

Sie kann die Vermögenswerte der SICAV ganz oder teilweise Dritten (wie Banken oder Clearingstellen) anvertrauen, dies hat jedoch keine Auswirkungen auf ihre eigene Haftung. Die Gebühren eines von der Verwahrstelle ernannten externen Bevollmächtigten werden von der SICAV getragen.
Aktuelle Informationen zu Unterverwahrstellen finden Sie unter
bbh.com/luxglobalcustodynetworklist.
Wenn das Recht eines Drittlandes verlangt, dass bestimmte Anlagen von einer lokalen Stelle verwahrt werden, aber keine lokalen Stellen die Delegierungsvoraussetzungen erfüllen, kann die Verwahrstelle dennoch an eine lokale Stelle delegieren, sofern die SICAV die Anleger informiert und der Verwahrstelle entsprechende Anweisungen erteilt hat.
Der Verwahrstelle ist es nicht gestattet, Tätigkeiten in Bezug auf die SICAV durchzuführen, die zu Interessenkonflikten zwischen der SICAV, den Anteilinhabern und der Verwahrstelle selbst (einschließlich ihrer Dienstleister) führen könnten, es sei denn, sie hat solche potenziellen Interessenkonflikte ordnungsgemäß gemeldet, die Ausführung ihrer Verwahrstellenaufgaben funktional und hierarchisch von ihren anderen möglicherweise entgegenstehenden Aufgaben getrennt und die potenziellen Interessenkonflikte ordnungsgemäß ermittelt, gesteuert, überwacht und gegenüber der SICAV und ihren Anteilinhabern offengelegt. Die aktuelle Richtlinie der Verwahrstelle zu Interessenkonflikten ist bei der Verwahrstelle auf Anfrage kostenlos erhältlich.
Leihstellen
Brown Brothers Harriman & Co.
Boston, Massachusetts
Citibank N.A. Niederlassung London
London, UK
Die Verleihstellen führen Wertpapierleihgeschäfte durch und übernehmen die Verwaltung der damit verbundenen Sicherheiten. Keine der beiden Verleihstellen ist ein Tochterunternehmen des Investmentmanagers.
Abschlussprüfer
Deloitte Audit S.à r.l.
20, Boulevard de Kockelscheuer L-1821 Luxemburg
Der Abschlussprüfer nimmt einmal jährlich eine unabhängige Prüfung des Jahresabschlusses der SICAV und aller Teilfonds vor. Der Wirtschaftsprüfer prüft auch die Berechnung aller erfolgsabhängigen Gebühren. Diese Ernennung bedarf der Zustimmung der Anteilinhaber auf jeder Jahreshauptversammlung.
Versammlungen der Anteilinhaber und Abstimmung
Die Jahreshauptversammlung findet in der Regel am ersten Donnerstag im Oktober jedes Jahres um 12:00 Uhr MEZ in Luxemburg statt, oder, wenn dies kein Bankarbeitstag in Luxemburg ist, am nächsten Tag, der ein Bankarbeitstag ist. Soweit dies im luxemburgischen Recht vorgesehen ist, kann der Verwaltungsrat beschließen, die Jahreshauptversammlung zu einem anderen Zeitpunkt, an einem anderen Tag oder an einem anderen Ort abzuhalten. Andere Versammlungen der Anteilinhaber können an anderen Orten und zu anderen Zeiten abgehalten werden. Für alle Sitzungen ist eine entsprechende Genehmigung und Benachrichtigung erforderlich.
Den Anteilinhabern wird eine schriftliche Einladung zur Jahreshauptversammlung gemäß den Luxemburger Gesetzen und der Satzung übermittelt.
Beschlüsse über die Interessen aller Anteilinhaber werden grundsätzlich in einer Hauptversammlung gefasst. Die Anteilinhaber eines Teilfonds können eine Hauptversammlung abhalten, um Angelegenheiten zu beschließen, die sich ausschließlich auf diesen Teilfonds beziehen.
Das Recht eines Anteilinhabers, an einer Hauptversammlung der Anteilinhaber teilzunehmen und die mit seinen Anteilen verbundenen Stimmrechte auszuüben, wird unter Bezugnahme auf die von diesem Anteilinhaber am Stichtag gehaltenen Anteile festgelegt
. 
Informationen zur Zulassung und Abstimmung auf einer Sitzung finden Sie in der entsprechenden Einladung.
Auflösung oder Verschmelzung
Jede Entscheidung des Verwaltungsrats, eine Anteilsklasse, einen Teilfonds oder die SICAV aufzulösen, zu verschmelzen, aufzuspalten oder zu liquidieren, wird den Anteilinhabern gemäß luxemburgischem Recht mitgeteilt; siehe Abschnitt
„Mitteilungen, Veröffentlichungen und sonstige Informationen“.
Liquidation der SICAV, eines Teilfonds oder einer Anteilsklasse
Der Verwaltungsrat kann beschließen, eine Anteilsklasse oder einen Teilfonds zu liquidieren oder in zwei oder mehr Teilfonds oder Klassen aufzuteilen, wenn:
- die Vermögenswerte der Klasse oder des Teilfonds auf unter 50 Mio. USD gefallen sind
- der Verwaltungsrat der Auffassung ist, dass dies entweder durch eine Änderung der wirtschaftlichen oder politischen Situation in Bezug auf den Teilfonds oder die Klasse gerechtfertigt ist oder dass die Interessen der Anteilinhaber dies rechtfertigen würdenDie Liquidationsentscheidung wird unter Angabe der Gründe für die Auflösung und des dabei angewandten Verfahrens vor dem Auflösungsstichtag durch den entsprechenden Teilfonds bekannt gegeben bzw. den Anteilinhabern mitgeteilt. Sofern der Verwaltungsrat im Interesse der Anteilinhaber bzw. aus Gründen der Gleichbehandlung der Anteilinhaber nichts anderes beschließt, können die Anteilinhaber des betreffenden Teilfonds oder der betreffenden Anteilsklasse auch weiterhin eine Rücknahme oder Umwandlung ihrer Anteile beantragen.

Unter allen anderen Umständen oder in Fällen, in denen nach Ansicht des Verwaltungsrats die Genehmigung der Anteilinhaber erforderlich ist, kann die Entscheidung bezüglich der Auflösung eines Teilfonds oder einer Anteilsklasse auf einer Versammlung der Anteilinhaber des betreffenden Teilfonds bzw. der betreffenden Anteilsklasse gefasst werden. Bei einer solchen Versammlung bestehen keine Voraussetzungen für die Beschlussfähigkeit und der Beschluss zur Auflösung wird mit einfacher Mehrheit der abgegebenen Stimmen gefasst. Der auf der Versammlung gefasste Beschluss wird von der SICAV gemäß den anwendbaren Gesetzen und Vorschriften mitgeteilt und/oder veröffentlicht.
Unter den im ersten Absatz oben genannten Umständen kann der Verwaltungsrat auch die Umstrukturierung eines Teilfonds durch Aufteilung in zwei oder mehr separate Teilfonds oder die Konsolidierung oder Aufteilung von Anteilsklassen innerhalb eines Teilfonds beschließen. Soweit dies laut Luxemburger Gesetz notwendig ist, wird dieser Beschluss gegebenenfalls auf die im ersten Absatz dieses Abschnitts beschriebene Weise veröffentlicht oder bekanntgegeben. Der Verwaltungsrat kann außerdem beschließen, die Frage der Zusammenlegung oder Aufteilung von Anteilsklassen einer Versammlung der Anteilinhaber der betreffenden Klassen vorzulegen. Bei dieser Versammlung bestehen keine Voraussetzungen für die Beschlussfähigkeit und Beschlüsse werden mit einfacher Mehrheit der abgegebenen Stimmen gefasst.
Die SICAV wurde auf unbestimmte Zeit gegründet, kann aber durch Beschluss der Anteilinhaber in Übereinstimmung mit Luxemburger Recht jederzeit aufgelöst werden. Sinkt der Wert des Nettovermögens der SICAV auf weniger als zwei Drittel des gesetzlich vorgeschriebenen Mindestkapitals, wird eine Hauptversammlung der Anteilinhaber zur Beratung über die Auflösung der SICAV einberufen. Zurzeit beträgt das nach Luxemburger Recht vorgeschriebene Mindestkapital 1.250.000 Euro. Im Falle einer geplanten Auflösung der SICAV ist die weitere Ausgabe, Umschichtung oder Rücknahme von Anteilen nach Veröffentlichung der ersten Mitteilung zur Einberufung der Hauptversammlung der Anteilinhaber zum Zwecke der Auflösung der SICAV nicht mehr zulässig. Alle zum Zeitpunkt einer solchen Bekanntmachung ausstehenden Anteile nehmen an der Liquidationsausschüttung der SICAV teil.
Beträge aus der Liquidation der SICAV oder eines Teilfonds, die nicht innerhalb von neun Monaten an die Anteilinhaber ausgeschüttet werden können, werden bis zum Ablauf der gesetzlichen Verjährungsfrist bei der Caisse de Consignation treuhänderisch hinterlegt. Beträge, die innerhalb von 30 Jahren nicht eingefordert werden, können verfallen.
Wenn nach Abschluss der Liquidation eines Teilfonds unerwartete Zahlungen in Bezug auf diesen speziellen Teilfonds bei der SICAV eingehen und der Verwaltungsrat der Ansicht ist, dass es in Anbetracht der entsprechenden Beträge oder der seit Abschluss der Auflösung verstrichenen Zeit nicht angemessen oder betrieblich gerechtfertigt ist, diese an ehemalige Anteilinhaber auszuzahlen, so werden diese Beträge von der SICAV einbehalten.
Verschmelzungen
Die Verschmelzung eines Teilfonds wird vom Verwaltungsrat beschlossen, sofern der Verwaltungsrat nicht entscheidet, den Beschluss über die Verschmelzung einer Versammlung der Anteilinhaber des betreffenden Teilfonds vorzulegen. Bei dieser Versammlung bestehen keine Voraussetzungen für die Beschlussfähigkeit und Beschlüsse werden mit einfacher Mehrheit der abgegebenen Stimmen gefasst. Bei einer Verschmelzung von einem oder mehreren Teilfonds, die zur Folge hat, dass der Fonds nicht mehr existiert, wird die Verschmelzung bei einer Versammlung der Anteilinhaber beschlossen. Bei dieser Versammlung bestehen keine Voraussetzungen für die Beschlussfähigkeit und der Beschluss kann mit einfacher Mehrheit der abgegebenen Stimmen gefasst werden. Darüber hinaus gelten die Bestimmungen zur Verschmelzung von OGAW gemäß dem Gesetz von 2010 sowie gemäß etwaigen Vorschriften zu dessen Umsetzung (insbesondere bezüglich der Mitteilung an Anteilinhaber).

### Die Verwaltungsgesellschaft
Firmenname und eingetragene Anschrift
FIL Investment Management (Luxembourg) S.A. 2a Rue Albert Borschette, BP 2174
L-1246 Luxemburg
Website fidelityinternational.com Rechtsform Société anonyme Gerichtsstand Luxemburg Gegründet am 14. August 2002 Aufsichtsbehörde
Commission de Surveillance du Secteur Financier
283, route d’Arlon, L-1150 Luxemburg
Registernummer (Handels- und Gesellschaftsregister Luxemburg) B 88 635
Andere	verwaltete	Teilfonds	Siehe
fidelityinternational.com
Verwaltungsratsmitglieder der Verwaltungsgesellschaft
Christopher Brealey
Luxemburg
Eliza Dungworth
Luxemburg Jon Skillman Luxemburg
Sera Sadrettin-Perry Vereinigtes Königreich Romain Boscher Frankreich
Conducting Officers
Florence Alexandre
Luxemburg
Stephan von Bismarck Vereinigtes Königreich Corinne Lamesch Luxemburg
Karin Winklbauer
Luxemburg Paul Witham Luxemburg
Zuständigkeiten und Delegation
Der Verwaltungsrat der SICAV hat die Verwaltungsgesellschaft mit der Wahrnehmung von Anlageverwaltungs-, Verwaltungs- und Marketingfunktionen beauftragt. Mit Genehmigung des Verwaltungsrats und der CSSF hat die Verwaltungsgesellschaft die Möglichkeit, einige oder alle Portfolioverwaltungs-, Verwaltungs- und Marketingfunktionen an qualifizierte Dritte zu delegieren, sofern sie die Aufsicht behält, angemessene Kontrollen und Verfahren durchführt und den Prospekt führt.
Ein Investmentmanager kann wiederum einen oder mehrere Unter-Investmentmanager ernennen.
Die Verwaltungsgesellschaft muss von jedem Delegierten verlangen, dass er den Prospekt, die Satzung, das Gesetz von 2010 und andere anwendbare Bestimmungen einhält, wenn er im Namen der SICAV handelt. Die Verwaltungsgesellschaft hat dem Verwaltungsrat vierteljährlich Bericht zu erstatten, und die Conducting Officers haben die Verwaltungsratsmitglieder der Verwaltungsgesellschaft und den Verwaltungsrat unverzüglich über	etwaige	 wesentliche	nachteilige Verwaltungsangelegenheiten zu informieren, die sich aus den Handlungen		des	Investmentmanagers,	der Generalvertriebsstelle und der Verwaltungsgesellschaft selbst ergeben.
Die Investmentmanager, die Unter-Investmentmanager und alle von der Verwaltungsgesellschaft beauftragten Dienstleister und Delegierten sind im Rahmen von Verträgen auf unbestimmte Zeit tätig.
Der Verwaltungsrat oder die Verwaltungsgesellschaft kann jede dieser Dienstleistungsvereinbarungen sofort kündigen, wenn sie feststellt, dass dies im besten Interesse der Anteilinhaber ist. Andernfalls kann der Begünstigte einer dieser Dienstleistungsvereinbarungen mit einer Frist von 90 Tagen zurücktreten oder ersetzt werden (bei Anlageverwaltungsverträgen für Anteile, die in Hongkong zum Verkauf zugelassen sind, unter bestimmten Umständen 30 Tage).
Richtlinien der Verwaltungsgesellschaft
Weitere Informationen zu diesen und anderen Richtlinien zum Verhalten von Unternehmen finden Sie entweder unter den unten angegebenen Links oder wie in den „Mitteilungen, Veröffentlichungen und sonstige Informationen“ am Ende von
„Investieren in die Teilfonds“ angegeben.
Interessenkonflikte
Die FIL-Gruppe ist ein weltweit tätiger Full Service-Anbieter für Investment Banking, Investment Banking, Asset Management und Finanzdienstleistungen und ein wichtiger Player auf den globalen Finanzmärkten. Als solche ist die FIL-Gruppe in verschiedenen Geschäftsbereichen tätig und kann andere direkte oder indirekte Beteiligungen an den Finanzmärkten haben, in die die SICAV investiert. Die SICAV hat im Zusammenhang mit solchen Geschäftstätigkeiten keinerlei Ansprüche auf eine Entschädigung.
Die Verwaltungsgesellschaft, der Anlageverwalter, die Generalvertriebsstelle und bestimmte andere Vertriebsstellen und Dienstleister oder Beauftragte sind Teil der FIL-Gruppe. Ein Unternehmen der FIL-Gruppe kann Emittent oder Gegenpartei für ein Wertpapier oder Derivat sein, das ein Teilfonds kauft oder verkauft. Darüber hinaus kann ein Unternehmen der FIL-
Gruppe, das der SICAV in einer bestimmten Eigenschaft dient, einer anderen SICAV in einer ähnlichen oder anderen Eigenschaft dienen (unabhängig davon, ob sie von der FIL- Gruppe gefördert wird oder nicht).
In solchen Fällen ist die Verwaltungsgesellschaft bestrebt, jede Handlung oder Transaktion zu ermitteln, zu steuern und erforderlichenfalls zu untersagen, die einen Konflikt zwischen den Interessen der Gesellschaften der FIL-Gruppe und der SICAV oder ihren Anlegern, beispielsweise der SICAV und anderen Kunden der Gesellschaften der FIL-Gruppe, verursachen kann. Wenn Geschäfte getätigt werden, bei denen möglicherweise ein Interessenkonflikt besteht, müssen diese Geschäfte zu marktüblichen Bedingungen getätigt werden. Alle Vorfälle, bei denen Interessenkonflikte möglicherweise nicht angemessen neutralisiert wurden, sowie die Entscheidungen zur Behebung solcher Vorfälle werden den Anlegern in den Anmerkungen zum Jahresabschluss der SICAV mitgeteilt.
Die Verwaltungsgesellschaft ist zusammen mit allen anderen Unternehmen der FIL-Gruppe bestrebt, Konflikte in einer Weise zu bewältigen, die den höchsten Standards von Integrität und faire Umgang entspricht. Die Richtlinie zu Interessenkonflikten der Verwaltungsgesellschaft ist unter fidelityinternational.com abrufbar.
Vergütung
Die Verwaltungsgesellschaft hat eine Vergütungsrichtlinie umgesetzt, die nicht darauf abzielt, eine Risikobereitschaft zu fördern, die mit dem Risikoprofil der Teilfonds unvereinbar ist, ohne die Verwaltungsgesellschaft in ihrer Pflicht zu behindern, im besten Interesse der Anteilinhaber zu handeln.
Die Vergütungsrichtlinie:
- unterstützt eine Leistungskultur, die auf Verdiensten basiert
- unterscheidet und belohnt hervorragende Leistungen sowohl kurz- als auch langfristig
- gleicht feste und variable Vergütungen so aus, dass sie den Wert und die Verantwortung der täglich ausgeübten Funktionen angemessen widerspiegeln und angemessene Verhaltensweisen und Handlungen fördern
- verlangt, dass Vergütungsentscheidungen für Mitarbeiter in unabhängigen Kontrollfunktionen von der Geschäftsleitung einer Kontrollabteilung festgelegt werden, so dass diese Entscheidungen vollständig unabhängig von den Geschäftsbereichen sind
- steht im Einklang mit und fördert wirksame Risikomanagementpraktiken, auch für Nachhaltigkeitsrisiken
- steht im Einklang mit der Richtlinie über Interessenkonflikte der Verwaltungsgesellschaft und im Allgemeinen mit ihrer Compliance- und KontrollkulturDie Verwaltungsratsmitglieder der Verwaltungsgesellschaft sind dafür verantwortlich sicherzustellen, dass die Richtlinie auf alle Mitarbeiter der Verwaltungsgesellschaft angewendet wird und dass die Richtlinie jedes Jahr überprüft wird. Die aktuelle Vergütungsrichtlinie kann unter www.fil.com abgerufen werden. Eine Papierfassung ist auf Anfrage in englischer Sprache am Sitz der Verwaltungsgesellschaft kostenlos erhältlich.

Beste Ausführung
Jeder Investmentmanager und Unter-Investmentmanager hat eine Richtlinie zur besten Ausführung übernommen und alle angemessenen Maßnahmen umgesetzt, um bei der Ausführung von Aufträgen das bestmögliche Ergebnis für die SICAV zu gewährleisten. Bei der Bestimmung, was „beste Ausführung“ bedeutet, werden der Investmentmanager und/oder der Unter-Investmentmanager eine Reihe unterschiedlicher Faktoren wie unter anderem Preis, Liquidität,
Geschwindigkeit und Kosten so berücksichtigen, dass sich ihre relative Bedeutung auf der Grundlage der verschiedenen Arten von Aufträgen oder Finanzinstrumenten widerspieglt. Transaktionen werden hauptsächlich über Broker durchgeführt, die auf der Grundlage der Kriterien der Richtlinie zur besten Ausführung ausgewählt und überwacht werden. Auch verbundene Person werden berücksichtigt. Um das Ziel für die beste Ausführung zu erreichen, können der Investmentmanager und/oder der Unter-Investmentmanager für ihre Auftragsübermittlungs- und -ausführungstätigkeiten Beauftragte (verbundene Personen oder nicht) einsetzen.
Der Investmentmanager, jeder seiner Beauftragten und/oder ihre verbundenen Personen können Transaktionen mit oder durch Vertretung einer anderen Person durchführen, mit welcher der Investmentmanager, einer seiner Beauftragten und/oder eine ihrer verbundenen Personen eine Vereinbarung getroffen hat, wonach diese Partei von Zeit zu Zeit für den Investmentmanager, seine Beauftragten und/oder eine ihrer verbundenen Personen Waren, Dienstleistungen oder andere Vergünstigungen (wie z. B. Research- und Beratungsdienstleistungen, nur wenn aufgrund der Vorschriften zulässig) („Soft-Dollar-Vereinbarungen“) zur Verfügung stellt oder liefert, bei denen man aufgrund ihrer Natur erwarten kann, dass ihre Bereitstellung der SICAV insgesamt zugutekommt und zu einer Verbesserung der Wertentwicklung der SICAV sowie der Leistungen des Investmentmanagers oder jedes seiner Beauftragten bei der Erbringung von Leistungen für die SICAV beiträgt; für diese Waren oder Dienstleistungen werden keine direkten Zahlungen geleistet, sondern der Investmentmanager, seine Beauftragten und/oder eine ihrer verbundenen Personen platzieren im Gegenzug Geschäfte bei dieser Partei. Zur Klarstellung: Diese Güter und Dienstleistungen dürfen nicht aus Reisen, Unterkunft, Unterhaltung, Produkten oder Dienstleistungen für die Verwaltung im allgemeinen Sinne, allgemeiner Büroausstattung oder -räumen, Mitgliedsbeiträgen, Gehaltszahlungen an Angestellte oder direkten Geldzuwendungen bestehen. Die regelmäßige Offenlegung erfolgt im Jahresbericht der SICAV in Form einer Erklärung, in der die Soft-Dollar-Richtlinien und -Praktiken des Investmentmanagers oder seiner Beauftragten beschrieben werden. Hierzu gehört eine Beschreibung der Waren und Dienstleistungen, die sie und/oder eine ihrer verbundenen Personen erhalten haben.
Weder der Investmentmanager noch irgendeiner seiner Beauftragten und/oder eine ihrer verbundenen Personen werden Vorteile in Form etwaiger Nachlässe aus Barprovisionen (die eine Rückzahlung von Barprovisionen durch einen Broker oder Händler an den Investmentmanager, einen seiner Beauftragten und/oder eine ihrer verbundenen Personen darstellen) einbehalten, die von einem solchen Broker oder Händler in Bezug auf ein vom Investmentmanager, einen seiner Beauftragten und/oder eine ihrer verbundenen Personen für oder im Namen der SICAV bei ihm getätigtes Geschäft gezahlt wurden oder noch zu zahlen sind. Jede von einem solchen Broker oder Händler geleistete Rückvergütung einer Barprovision wird vom Investmentmanager, einem seiner Beauftragten und/oder einer mit ihnen verbundenen Person für Rechnung der SICAV gehalten. Die Höhe der Maklergebühren wird die üblichen Maklergebühren für institutionellen Full- Service nicht übersteigen. Alle Geschäfte werden zu optimalen Ergebnissen ausgeführt. Die Verfügbarkeit von Soft-Dollar- Vereinbarungen darf nicht der einzige oder der primäre Zweck sein, um Transaktionen mit besagtem Broker oder Händler durchzuführen oder zu arrangieren.
Weitere Informationen zu Gebühren im Zusammenhang mit Anlageresearch, unter anderem zum Höchstbetrag, der einem Teilfonds in Rechnung gestellt werden darf, erhalten Sie am eingetragenen Sitz der SICAV oder unter fidelityinternational.com/researchbudget.
Von der Verwaltungsgesellschaft beauftragte Fachgesellschaften
Investmentmanager
FIL Fund Management Limited Pembroke Hall, 42 Crow Lane Pembroke HM19, Bermuda
Der Investmentmanager führt die tägliche Verwaltung der einzelnen Teilfonds in Übereinstimmung mit den angegebenen Anlagezielen und der festgelegten Anlagepolitik durch. Er ist befugt, im Namen der SICAV zu handeln, Beauftragte, Broker und Händler auszuwählen und Wertpapiergeschäfte für das Portfolio jedes Teilfonds durchzuführen.
Der Investmentmanager kann Anlageberatung von jeder verbundenen Person des Investmentmanagers oder jedem anderen externen Berater in Anspruch nehmen und ihrem Inhalt entsprechend handeln. Darüber hinaus kann der Investmentmanager Anlageverwaltungstätigkeiten an jede verbundene Person des Investmentmanagers oder an jede andere zulässige Rechtsperson gemäß den geltenden Bestimmungen übertragen. Der Investmentmanager bleibt dabei für die ordnungsgemäße Ausführung dieser Aufgaben durch die beauftragte Rechtsperson verantwortlich.
Der Investmentmanager kann das Investmentmanagement an folgende Rechtspersonen (und deren Niederlassungen) übertragen: In den Jahres- und Halbjahresberichten werden alle Rechtspersonen genannt, die in den letzten sechs oder zwölf Monaten Vermögenswerte der einzelnen Teilfonds verwaltet haben.
Unter-Investmentmanager
FIAM LLC
900 Salem Street Smithfield, RI 02917, USA
Fidelity Management & Research Company LLC
245 Summer Street Boston, MA 02210, USA
FIL Gestion
21, avenue Kléber
75784 Paris Cedex 16, Frankreich
FIL Investment Management (Australia) Limited
Level 17, 60 Martin Place Sydney, NSW 2000, Australien
FIL Investment Management (Hong Kong) Limited
Level 21, Two Pacific Place 88 Queensway
Admiralty, Hongkong
FIL Investment Management (Singapore) Limited
8 Marina View, #35-06 Asia Square Tower 1
Singapur 018960
FIL Investments International Beech Gate, Millfield Lane Lower Kingswood, Tadworth Surrey, KT20 6RP UK
FIL Investments (Japan) Limited
7-7 7, Roppongi, Minato-ku
Tokio 106 0032, Japan
FIL (Luxembourg) S.A.
2a, Rue Albert Borschette, BP 2174 L-1246 Luxembourg
Fidelity Investments Canada ULC
483 Bay Street, Suite 300, Toronto ON M5G 2N7, Canada Geode Capital Management,
LLC 100 Summer Street, 12th Floor
Boston, MA 02110, USA
Geode Capital Management, LLC wurde als Sub- Investmentmanager für Fidelity Funds - EURO STOXX 50® Fund ernannt.
Darüber hinaus kann Geode Capital Management, LLC auch Vermögenswerte der folgenden Teilfonds verwalten: Fidelity Funds – Absolute Return Multi Strategy Fund, Fidelity Funds – Asia Pacific Multi Asset Growth & Income Fund, Fidelity Funds – European Multi Asset Income Fund; Fidelity Funds – Global Multi Asset Income Fund; Fidelity Funds – Global Multi Asset Dynamic Fund; Fidelity Funds – Global Multi Asset Growth & Income Fund; Fidelity Funds - Global Multi Asset Defensive Fund; Fidelity Funds – Global Thematic Opportunities Fund, Fidelity Funds – Sustainable Multi Asset Income Fund; Fidelity Funds – Multi Asset Dynamic Inflation Fund; Fidelity Funds – Fidelity Institutional Target™ 2025 (Euro) Fund; Fidelity Funds – Fidelity Institutional Target™ 2030 (Euro) Fund; Fidelity Funds – Fidelity Institutional Target™ 2035 (Euro) Fund; Fidelity Funds – Fidelity Institutional Target™ 2040 (Euro) Fund; Fidelity Funds - Fidelity Institutional Target™ 2045 (Euro) Fund; Fidelity Funds – Fidelity Institutional Target™ 2050 (Euro) Fund; Fidelity Funds – Fidelity Institutional Target™ 2055 (Euro) Fund; Fidelity Funds – Fidelity Institutional Target™ 2060 (Euro) Fund; Fidelity Funds – Fidelity Target™ 2025 (Euro) Fund; Fidelity Funds – Fidelity Target™ 2030 (Euro) Fund; Fidelity Funds – Fidelity Target™ 2035 (Euro) Fund; Fidelity Funds – Fidelity Target™ 2040 (Euro) Fund; Fidelity Funds – Fidelity Target™ 2045 (Euro) Fund; Fidelity Funds – Fidelity Target™ 2050 (Euro) Fund; Fidelity Funds – Fidelity Target™ 2055 (Euro) Fund; und Fidelity Funds – Fidelity Target™ 2060 (Euro) Fund. Der Investmentmanager kann beschließen, der Geode Capital Management, LLC den Teil des Vermögens dieser Teilfonds zur Verwaltung zuzuweisen, den er für angemessen hält. Die Entscheidung, einen Teil der Vermögenswerte zuzuteilen, sowie der Umfang dieser Zuteilung basieren auf einem qualitativen und quantitativen Auswahlprozess, der verschiedene Kriterien wie Erfahrung im Portfoliomanagement, Risikobereitschaft, Strategie, Stil oder Wertentwicklung in der Vergangenheit sowie Eignung in Bezug auf die Anlageziele, Richtlinien und das Risikoprofil der verschiedenen Teilfonds umfasst. In jedem Fall bleibt der Teil des Fondsvermögens, der Geode Capital Management, LLC zugeteilt werden kann, in Bezug auf all diese Teilfonds ergänzend. Während der Investmentmanager die Gesamtstrategie für die entsprechenden Teilfonds einschließlich der Festlegung geeigneter Anlagerichtlinien entwickelt, ist Geode Capital Management, LLC für die täglichen Anlageentscheidungen der von ihr verwalteten Vermögenswerte verantwortlich, wobei die Anlageziele und - richtlinien der betreffenden Teilfonds weiterhin eingehalten werden.
Der Investmentmanager kann die Ernennung von Geode Capital Management, LLC von Zeit zu Zeit ergänzen, ersetzen oder beenden und/oder die Zuteilung der Vermögenswerte der Teilfonds an die Sub-Investmentmanager ohne vorherige Ankündigung an die Anteilinhaber ändern, wenn der Investmentmanager dies für notwendig oder wünschenswert erachtet.
Generalvertriebsstelle
FIL Distributors
Pembroke Hall, 42 Crow Lane Pembroke HM19, Bermuda
Telefon +1 441 297 7267
Fax +1 441 295 4493
Die Generalvertriebsstelle ist für die Vermarktung, den Verkauf oder den Vertrieb von Anteilen der SICAV verantwortlich.
Andere Vertriebsstellen und Beauftragte
Die Generalvertriebsstelle kann Unternehmen der FIL-Gruppe sowie Dritte als lokale Vertriebsstellen, Handelseinrichtungen oder Repräsentanten für bestimmte Länder oder Märkte beauftragen. Die Verwaltungsgesellschaft kann selbst als Handelsstelle fungieren.
In einigen Ländern ist die Verwendung eines Beauftragten obligatorisch, und der Beauftragte kann nicht nur Transaktionen durchführen, sondern auch Anteile im eigenen Namen oder im Namen von Anlegern halten. Vertriebsstellen können als Nominees handeln, was Ihre Rechte als Anleger beeinträchtigen kann.
 Australien		 FIL	Investment
•
Management (Australia) Limited
Level 17, 60 Martin Place
Sydney,	NSW	2000, Australien
Telefon (+61) 1800 044
922
 Bermuda	 FIL Distributors
International Limited
•	•
PO Box HM670
Hamilton	HMCX, Bermuda
Telefon +1 441 297 7267
  Fax +1 441 295 4493	
 Frankreich	 FIL Gestion
•
21, avenue Kléber
75784 Paris Cedex 16, Frankreich
  Telefon +33 7304 3000	
 Deutschland	 FIL Investment Services
GmbH
•	•
Kastanienhöhe 1
D-61476 Kronberg im Taunus, Deutschland Telefon +49 6173 5090
 Irland	 FIL Fund Management
•
(Ireland) Limited
George’s Quay House 43
Townsend Street
  Dublin DO2 VK65, Ireland	
 Luxemburg	 FIL (Luxembourg) S.A.
2a, Rue Albert Borschette,
•	•
BP	2174	L-1246
Luxemburg
Telefon +352 2504 0424
00
  Fax +352 2638 3938	
 Taiwan	 FIL Securities Investment
Trust	Co.	(Taiwan)
•
Limited
11F, 68 Zhongxiao East Road
Section 5, Xinyi District
  Taipei City 11065, Taiwan	
 Singapur	 FIL Investment
Management (Singapore) Limited
8 Marina View	
•
#27-01-06, Asia Square
Tower 1
Singapur 018960
Telefon: +65 6511 2200
  Fax: +65 6536 1960	
 Andere Hoheitsgebiete	 FIL Pensions
Management
Beech Gate, Millfield Lane,
Lower Kingswood,	
•
Surrey, KT20 6RP
Vereinigtes Königreich
Telefon +44 1732 777377
Fax +44 1732 777262
Unterübertragungsstelle
HSBC Continental Europe, Niederlassung Luxemburg
18 Boulevard de Kockelscheuer 1821 Luxemburg
Die Unterübertragungsstelle dient als Übertragungsstelle für Kunden, die nicht in den USA oder Kanada ansässig sind und über die National Securities Clearing Corporation und Canadian Fundserv investieren.
ProService Finteco Sp. z.o.o. (für Polen) ul. Konstruktorska 12A
02-673 Warschau, Polen
  Fax +49 6173 5094 199	
 Hongkong	
FIL	Investment Management		(Hong Kong) Limited
Level 21, Two Pacific	
•	•
Place 88 Queensway
Admiralty, Hongkong
Telefon +852 2629 2629
  Fax +852 2629 6088	
Inhalt
Nachhaltigkeitsanhänge
Fidelity Funds - FIRST All Country World Fund.	3
Fidelity Funds - Global Dividend Fund.	11
Fidelity Funds - Global Equity Income Fund.	19
Fidelity Funds - Global Financial Services Fund.	27
Fidelity Funds - Global Focus Fund.	35
Fidelity Funds - Global Technology Fund.	43
Fidelity Funds - Global Thematic Opportunities Fund.	51
Fidelity Funds - Institutional Global Focus Fund.	60
Fidelity Funds - Sustainable Biodiversity Fund.	68
Fidelity Funds - Sustainable Consumer Brands Fund.	77
Fidelity Funds - Sustainable Climate Solutions Fund.	86
Fidelity Funds - Sustainable Demographics Fund.	94
Fidelity Funds - Sustainable Future Connectivity Fund.	103
Fidelity Funds - Sustainable Global Dividend Plus Fund.	112
Fidelity Funds - Sustainable Global Equity Fund.	121
Fidelity Funds - Sustainable Global Equity Income Fund.	130
Fidelity Funds - Sustainable Healthcare Fund.	139
Fidelity Funds - Sustainable Water & Waste Fund.	148
Fidelity Funds - World Fund	157
Fidelity Funds - America Fund.	165
Fidelity Funds - American Growth Fund.	173
Fidelity Funds - Sustainable US Equity Fund.	181
Fidelity Funds - European Dividend Fund.	190
Fidelity Funds - European Dynamic Growth Fund.	198
Fidelity Funds - European Growth Fund.	206
Fidelity Funds - European Larger Companies Fund.	214
Fidelity Funds - European Low Volatility Equity Fund.	222
Fidelity Funds - Germany Fund.	230
Fidelity Funds - Iberia Fund	238
Fidelity Funds - Italy Fund	246
Fidelity Funds - Institutional European Larger Companies Fund.	254
Fidelity Funds - Nordic Fund	262
Fidelity Funds - Sustainable European Dividend Plus Fund.	270
Fidelity Funds - Sustainable Europe Equity Fund.	279
Fidelity Funds - Sustainable Eurozone Equity Fund.	288
Fidelity Funds - Sustainable European Smaller Companies Fund.	297
Fidelity Funds - Switzerland Fund.	306
Fidelity Funds - ASEAN Fund.	314
Fidelity Funds - Asia Pacific Dividend Fund.	322
Fidelity Funds - Asian Smaller Companies Fund.	330
Fidelity Funds - Asian Special Situations Fund.	338
Fidelity Funds - Japan Growth Fund.	346
Fidelity Funds - Japan Value Fund.	354
Fidelity Funds - Pacific Fund	362
Fidelity Funds - Sustainable Asia Equity Fund.	370
Fidelity Funds - Sustainable Asia Equity II Fund.	379
Fidelity Funds - Sustainable Asian Focus Fund.	388
Fidelity Funds - Sustainable Japan Equity Fund.	397
Fidelity Funds - China Consumer Fund.	406
Fidelity Funds - China Focus Fund.	414
Fidelity Funds - China Innovation Fund.	422
Fidelity Funds - Greater China Fund.	430
Fidelity Funds - Greater China Fund II.	438
Fidelity Funds - Sustainable All China Equity Fund.	446
Fidelity Funds - Sustainable China A Shares Fund.	455
Fidelity Funds - Emerging Asia Fund.	464
Fidelity Funds - Emerging Markets Fund.	472
Fidelity Funds - Institutional Emerging Markets Equity Fund.	480
Fidelity Funds - India Focus Fund.	488
Fidelity Funds - Sustainable Emerging Markets Ex China Fund.	496
Fidelity Funds - Sustainable Emerging Markets Equity Fund.	505
Fidelity Funds - Thailand Fund.	514
Fidelity Funds - Flexible Bond Fund.	522
Fidelity Funds - Global Bond Fund.	530
Fidelity Funds - Global Corporate Bond Fund.	538
Fidelity Funds - Global Hybrids Bond Fund.	546
Fidelity Funds - Global High Yield Fund.	554
Fidelity Funds - Global Income Fund.	562
Fidelity Funds - Global Inflation-linked Bond Fund.	570
Fidelity Funds - Global Short Duration Income Fund.	576
Fidelity Funds - Sustainable Climate Bond Fund.	584
Fidelity Funds - Sustainable Strategic Bond Fund.	593
Fidelity Funds - Sustainable US High Yield Fund.	602
Fidelity Funds - US Dollar Bond Fund.	611
Fidelity Funds - Euro Bond Fund.	619
Fidelity Funds - Euro Corporate Bond Fund.	627
Fidelity Funds - European High Yield Fund.	635
Fidelity Funds - Euro Short Term Bond Fund.	643
Fidelity Funds - Structured Credit Income Fund.	651
Fidelity Funds - Sustainable Asian Bond Fund.	657
Fidelity Funds - China RMB Bond Fund.	666
Fidelity Funds - Emerging Market Corporate Debt Fund.	674
Fidelity Funds - Emerging Market Debt Fund.	682
Fidelity Funds - Emerging Market Local Currency Debt Fund.	688
Fidelity Funds - Emerging Market Total Return Debt Fund.	694
Fidelity Funds - Sustainable Emerging Market Debt Fund.	700
Fidelity Funds - European Multi Asset Income Fund.	709
Fidelity Funds - Global Multi Asset Income Fund.	718
Fidelity Funds - Sustainable Multi Asset Income Fund.	727
Fidelity Funds - Multi Asset Dynamic Inflation Fund.	736
Fidelity Funds - Euro Cash Fund.	743
Fidelity Funds - US Dollar Cash Fund.	750
Vorvertragliche Informationen zu den in Artikel 8 Absätze 1, 2 und 2a der Verordnung (EU) 2019/2088 und Artikel 6 Absatz 1 der Verordnung (EU) 2020/852 genannten Finanzprodukten
Name des Produkts:	Unternehmenskennung (LEI- Code):
Fidelity Funds - FIRST All Country World Fund	549300AT2RPDETJ66407

###### Ökologische und/oder soziale Merkmale
| Werden mit diesem Finanzprodukt nachhaltige Investitionen angestrebt? |
| --- |
|  | Ja |  | Nein |
| - Es wird damit ein MindestanteiI an nachhaltigen Investitionen mit einem Umweltziel getätigt:%
	- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie als ökologisch nachhaltig einzustufen sind
	- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie nicht als ökologisch nachhaltig einzustufen sind

- Es wird damit ein Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel getätigt:%
 | Es werden damit ökologische/soziale Merkmale beworben und obwohl keine nachhaltigen Investitionen angestrebt werden, enthält es einen Mindestanteil von 10% an nachhaltigen Investitionen. - mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie als ökologisch nachhaltig einzustufen sindmit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie nicht als ökologisch nachhaltig einzustufen sindmit einem sozialen Ziel
- Es	werden		damit	ökologische/soziale Merkmale	beworben,		aber	keinenachhaltigen Investitionen getätigt.
 |

Welche ökologischen und/ oder sozialen Merkmale werden mit diesem Finanzprodukt beworben?
Mit Nachhaltigkeitsin- dikatoren wird gemessen, inwieweit die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht werden.
Der Teilfonds fördert Umwelt- und Sozialeigenschaften, indem er in Wertpapiere von Emittenten mit guten ESG-Eigenschaften investiert. Gute ESG-Eigenschaften werden anhand von ESG-Ratings ermittelt. ESG-Ratings berücksichtigen Umwelteigenschaften wie CO2-Intensität, CO2-Emissionen, Energieeffizienz, Wasser- und Abfallmanagement und Biodiversität sowie Sozialeigenschaften wie Produktsicherheit, Lieferkette, Gesundheit und Sicherheit sowie Menschenrechte.
Der Teilfonds ist in gewissem Maße bestrebt, nachhaltige Anlagen zu tätigen.
Es wird keine Referenzbenchmark festgelegt, um die geförderten Umwelt- und Sozialeigenschaften zu erreichen.
einzelnen ökologischen oder sozialen Merkmale, die durch dieses Finanzprodukt beworben werden, herangezogen?
Der Teilfonds verwendet die folgenden Nachhaltigkeitsindikatoren, um die Ausprägung der von ihm geförderten Umwelt- oder Sozialeigenschaften zu messen:
- der  Prozentsatz des Teilfonds, der in Wertpapieren von Emittenten mit guten ESG-Eigenschaften im Einklang mit dem System für nachhaltiges Investieren von Fidelity investiert ist;
- in Bezug auf seine Direktanlagen in Unternehmen als Emittenten der Prozentsatz des Teilfonds, der in Wertpapiere von Emittenten investiert ist, auf die Ausschlusskriterien (wie unten definiert) zutreffen;
- der Prozentsatz des Teilfonds, der in nachhaltige Anlagen investiert ist; und
- der Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Umweltziel bei Wirtschaftsaktivitäten investiert ist, die gemäß der EU-Taxonomie nicht als ökologisch nachhaltig gelten; und
- der Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel investiert ist.

Welches sind die Ziele der nachhaltigen Investitionen, die mit dem
Finanzprodukt teilweise getätigt werden sollen, und wie trägt die nachhaltige Investition zu diesen Zielen bei?
Der Teilfonds ermittelt wie folgt, ob eine Anlage nachhaltig ist:
- Emittenten, die wirtschaftliche Tätigkeiten ausüben, die zu einem oder mehreren der in der EU-Taxonomie festgelegten Umweltziele beitragen und gemäß der EU-Taxonomie als ökologisch nachhaltig gelten; oder
- Emittenten, bei denen der Großteil ihrer Geschäftstätigkeit (mehr als 50% des Umsatzes) zu ökologischen oder sozialen Zielen beiträgt, die mit einem oder mehreren der Ziele der Vereinten Nationen für nachhaltige Entwicklung („SDG“) in Einklang stehen; oder
- Emittenten, die ein Dekarbonisierungsziel festgelegt haben, das mit einem Temperaturanstiegsszenario mit 1,5 Grad oder weniger vereinbar ist (überprüft durch die Science Based Target Initiative oder ein Fidelity Proprietary Climate Rating), das als Beitrag zu Umweltzielen angesehen wird;sofern sie keinen wesentlichen Schaden anrichten, Mindestabsicherungen bieten und gute Governance-Kriterien aufweisen.

teilweise getätigt werden sollen, keinem der ökologischen oder sozialen nachhaltigen Anlageziele erheblich schaden?
Nachhaltige Anlagen werden auf ihre Beteiligung an Aktivitäten überprüft, die erheblichen Schaden und Kontroversen verursachen, und durch eine Kontrolle bewertet, ob der Emittent Mindestabsicherungen und -standards hinsichtlich der wichtigsten nachteiligen Auswirkungen (PAI) sowie die Leistung bei den PAI-Kennzahlen umsetzt bzw. erfüllt. Dazu gehören:
- Normenbasierte Filterkriterien – das Filtern von Wertpapieren, die gemäß den bestehenden (unten beschriebenen) normenbasierten Filterkriterien von Fidelity ermittelt wurden, anhand von:
- aktivitätsbasierten Filterkriterien – das Filtern von Emittenten auf der Grundlage ihrer Beteiligung an Aktivitäten mit erheblichen negativen Auswirkungen auf die Gesellschaft oder die Umwelt, darunter Emittenten, bei denen aufgrund der Filterkriterien für Kontroversen eine„sehr gravierende“ Kontroverse vorliegt, die im Bereich
- Umwelt,
- Menschenrechte und Gemeinschaften,
- Arbeitnehmerrechte und Lieferkette,
- Kunden,
- Governance angesiedelt ist; und anhand von
	- PAI-Indikatoren. Quantitative Daten (sofern verfügbar) zu PAI-Indikatoren werden verwendet, um zu bewerten, ob ein Emittent an Aktivitäten beteiligt ist, die einem Umwelt- oder Sozialziel erheblichen Schaden zufügen.


Bei den wichtigsten nachteiligen Auswirkungen handelt es sich um die bedeutendsten nachteiligen Auswirkungen von Investitionsentscheidun- gen auf NachhaItigkeitsfaktoren in den Bereichen Umwelt, Soziales und Beschäftigung, Achtung der Menschenrechte und Bekämpfung von Korruption und Bestechung.
Wie wurden die Indikatoren für nachteilige Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Für nachhaltige Anlagen, wie oben beschrieben, führt Fidelity eine quantitative Bewertung durch, um Emittenten mit einer problematischen Leistung bei PAI-Indikatoren zu ermitteln. Emittenten mit einer niedrigen Punktzahl kommen nur dann für „nachhaltige Anlagen“ infrage, wenn die Fundamentalresearch von Fidelity feststellt, dass der Emittent nicht gegen die Anforderungen verstößt, „keinen wesentlichen Schaden anrichtet“ oder sich auf einem guten Weg befindet, um die nachteiligen Auswirkungen durch effektives Management oder einen Übergang abzumildern.
Wie stehen die nachhaltigen Investitionen mit den OECD-Leitsätzen für multinationale Unternehmen und den Leitprinzipien der Vereinten Nationen für Wirtschaft und
Menschenrechte in Einklang? Nähere Angaben:
Es werden normenbasierte Filterkriterien angewendet: Emittenten, bei denen festgestellt wurde, dass sie sich nicht in einer Weise verhalten, die ihrer grundlegenden Verantwortung in den Bereichen Menschenrechte, Arbeit, Umwelt und Korruptionsbekämpfung im Einklang mit internationalen Normen gerecht wird, darunter denjenigen, die in den OECD-Leitsätzen für multinationale Unternehmen, den Leitprinzipien der Vereinten Nationen für Wirtschaft und Menschenrechte, dem UN Global Compact (UNGC) und den IAO-Standards der Internationalen Arbeitsorganisation (ILO) festgelegt sind, kommen für nachhaltige Investitionen nicht infrage.
In der EU-Taxonomie ist der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" festgelegt, nach dem taxonomiekonforme Investitionen die Ziele der EU-Taxonomie nicht erheblich beeinträchtigen dürfen, und es sind spezifische EU-Kriterien beigefügt. Der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" findet nur bei denjenigen dem Finanzprodukt zugrunde liegenden Investitionen Anwendung, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten berücksichtigen. Die dem verbleibenden Teil dieses  Finanzprodukts zugrunde  liegenden Investitionen berücksichtigen nicht die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten. Alle anderen nachhaltigen Investitionen dürfen ökologische oder soziale Ziele ebenfalls nicht erheblich beeinträchtigen.

###### Werden bei diesem Finanzprodukt die wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Ja
- NeinDie wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren werden mit Hilfe einer Vielzahl von Instrumenten berücksichtigt und in Anlageentscheidungen einbezogen. Hierzu zählen:
- Due Diligence – Analyse, ob die wichtigsten nachteiligen Auswirkungen (PAI) wesentlich und negativ sind.
- ESG-Rating – Fidelity bezieht sich auf ESG-Ratings, die wesentliche nachteilige Auswirkungen wie CO2-Emissionen, Mitarbeitersicherheit, Bestechung und Korruption sowie Wassermanagement berücksichtigen, und bei den von Staaten ausgegebenen Wertpapieren berücksichtigen die verwendeten Ratings wichtige nachteilige Auswirkungen (PAI) wie CO2-Emissionen, Sozialverstöße und die Meinungsfreiheit.
- Ausschlusskriterien – Bei Direktanlagen in Unternehmen als Emittenten wendet der Teilfonds die (unten definierten) Ausschlusskriterien an, um die wichtigsten nachteiligen Auswirkungen abzumildern. Dazu schließt er schädliche Sektoren aus und verbietet Investitionen in Emittenten, die gegen internationale Standards wie den UNGC verstoßen.
- Mitwirkung – Fidelity nutzt Mitwirkung als ein Instrument, um die wichtigsten nachteiligen Auswirkungen besser zu verstehen und sich unter bestimmten Umständen für die Abmilderung der wichtigsten nachteiligen Auswirkungen einzusetzen. Fidelity beteiligt sich an relevanten individuellen und kollaborativen Arten der Mitwirkung, die auf eine Reihe von wichtigen negativen Auswirkungen abzielen (z. B. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Abstimmungsverhalten – Die Abstimmungspolitik von Fidelity umfasst bei Unternehmen als Emittenten explizite Mindeststandards für die Geschlechtervielfalt im Aufsichtsrat und die Auseinandersetzung mit dem Klimawandel. Fidelity kann auch auf eine Weise abstimmen, dass die wichtigsten nachteiligen Auswirkungen abgemildert werden.
- Vierteljährliche Überprüfungen – Überwachung der wichtigsten nachteiligen Auswirkungen (PAI) durch den vierteljährlichen Überprüfungsprozess des Teilfonds.

Wenn es um die Frage geht, ob Investitionen eine wesentliche nachteilige Auswirkung haben, berücksichtigt Fidelity für jeden Nachhaltigkeitsfaktor spezifische Indikatoren. Diese Indikatoren hängen von der Datenverfügbarkeit ab und können sich mit zunehmender Datenqualität und
-verfügbarkeit weiterentwickeln.
Informationen über die wichtigsten nachteiligen Auswirkungen werden im Jahresbericht des Teilfonds zur Verfügung gestellt.
Die Anlagestrategie dient aIs Richtschnur für Investitionsentscheidun- gen, wobei bestimmte Kriterien wie beispielsweise Investitionsziele oder Risikotoleranz
berücksichtigt werden.
Mindestens 50% des Nettovermögens des Teilfonds werden in Wertpapiere investiert, die gute ESG-Eigenschaften aufweisen.
Ob ESG-Eigenschaften gut sind, wird anhand von ESG-Ratings externer Agenturen und von Fidelity ESG-Ratings ermittelt.
Innerhalb dieses Anlageuniversums wählt der Investmentmanager Aktien mit Hilfe rigoroser Bottom-up-Finanzanalysen und -bewertungen aus, um Aktien mit einem Potenzial für hohe Anlagerenditen auszuwählen.
In Bezug auf seine Direktanlagen in Unternehmensemittenten berücksichtigt der Teilfonds:
- eine unternehmensweite Ausschlussliste, die Streumunition und Antipersonenlandminen umfasst; und
- eine normenbasierte Filterung von Emittenten, die nach Ansicht des Investmentmanagers ihre Geschäfte nicht in Übereinstimmung mit internationalen Normen, darunter den im UNGC festgelegten, durchgeführt haben.

Die oben genannten Ausschluss- und Filterkriterien (die „Ausschlusskriterien“) werden möglicherweise von Zeit zu Zeit aktualisiert. Weitere Informationen erhalten Sie auf der Website Sustainable investing framework (fidelityinternational.com).
Es steht zudem im Ermessen des Investmentmanagers, von Zeit zu Zeit erweiterte, strengere Nachhaltigkeitsanforderungen und Ausschlusskriterien anzuwenden.
Worin bestehen die verbindlichen Elemente der Anlagestrategie, die für die Auswahl der Investitionen zur Erfüllung der beworbenen ökologischen oder sozialen Ziele verwendet werden?
Der Teilfonds investiert:
- mindestens  50%  seines  Vermögens in Wertpapiere von Emittenten mit guten ESG-Eigenschaften,
- mindestens 10% in nachhaltige Anlagen, von denen mindestens 0% ein Umweltziel aufweisen, das sich an der EU-Taxonomie orientiert, mindestens 1% ein Umweltziel, das sich nicht an der EU-Taxonomie orientiert, und mindestens 5% ein Sozialziel verfolgen.

Darüber hinaus wird der Teilfonds die oben beschriebenen Ausschlusskriterien systematisch anwenden.
Um welchen Mindestsatz wird der Umfang der vor der Anwendung dieser Anlagestrategie in Betracht gezogenen Investitionen reduziert?
Diese Frage ist hier nicht relevant.
Die Verfahrensweisen einer guten
Unternehmensführung umfassen solide Managementstrukturen, die Beziehungen zu den Arbeitnehmern, die Vergütung von Mitarbeitern sowie die Einhaltung der Steuervorschriften.
Wie werden die Verfahrensweisen einer guten Unternehmensführung der Unternehmen, in die investiert wird, bewertet?
Die Governance-Praktiken der Emittenten werden anhand von Fundamentalresearch bewertet, die Fidelity ESG-Ratings sowie Daten zu Kontroversen und Verstößen gegen den UN Global Compact berücksichtigt.
Zu den wichtigsten Punkten, die analysiert werden, gehören unter anderem die Erfolgsbilanz der Kapitalallokation, die finanzielle Transparenz, Transaktionen mit nahestehenden Parteien, die Unabhängigkeit und Größe des Vorstands, die Vergütung der Führungskräfte, die Abschlussprüfer und die interne Aufsicht sowie die Rechte der Minderheitsanteilinhaber.
Die Vermögensallokation gibt den jeweiligen Anteil der Investitionen in bestimmte Vermögenswerte an.
Taxonomiekonforme Tätigkeiten, ausgedrückt durch den Anteil der:
- Umsatzerlöse, die den Anteil der Einnahmen aus umweltfreundlichenAktivitäten der Unternehmen, in die investiert wird, widerspiegeln
- Investitionsausgaben (CapEx), die die umweltfreundlichen Investitionen der Unternehmen, in die investiert wird, aufzeigen,z.B. für den Übergang zu einer grünen Wirtschaft- Betriebsausgaben (OpEx), die die umweltfreundlichenbetrieblichen Aktivitäten der Unternehmen, in die investiert wird, widerspiegeln(#1 Ausgerichtet an E/S-Eigenschaften) Der Teilfonds investiert nach Möglichkeit:
- mindestens 50% seines	Vermögens	in	Wertpapiere	von	Emittenten	mit	guten ESG-Eigenschaften,
- mindestens 10% seines Vermögens in nachhaltige (#1A nachhaltig) Anlagen, von denen mindestens 0% ein Umweltziel verfolgen (das an der EU-Taxonomie ausgerichtet ist), mindestens 1% ein Umweltziel haben (das nicht an der EU-Taxonomie ausgerichtet ist) und mindestens 5% ein Sozialziel haben. Die übrigen nachhaltigen Anlagen des Teilfonds können ein Umwelt- oder Sozialziel verfolgen.

Sonstige Umweltziele 1%
(#1B Sonstige E/S-Eigenschaften) Umfasst Wertpapiere von Emittenten mit guten ESG-Eigenschaften, die aber keine nachhaltigen Anlagen sind.
#1A Nachhaltige
Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale
50%
Investitionen 10%
#1B Andere ökologische oder soziale Merkmale
Soziales 5%
#2 Andere Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst Investitionen des Finanzprodukts, die zur Erreichung der beworbenen ökologischen oder sozialen Merkmale getätigt wurden.
#2 Andere Investitionen umfasst die übrigen Investitionen des Finanzprodukts, die weder auf ökologische oder soziale Merkmale ausgerichtet sind noch als nachhaltige Investitionen eingestuft werden.
Die Kategorie #1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst folgende Unterkategorien:
Die Unterkategorie #1A Nachhaltige Investitionen umfasst nachhaltige Investitionen mit ökologischen oder sozialen Zielen.
Die Unterkategorie #1B Andere ökologische oder soziale Merkmale umfasst Investitionen, die auf ökologische oder soziale Merkmale ausgerichtet sind, aber nicht als nachhaltige Investitionen eingestuft werden.
Inwiefern werden durch den Einsatz von Derivaten die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht?
Wenn das einem Derivat zugrunde liegende Wertpapier im Einklang mit dem System für nachhaltiges Investieren von Fidelity gute ESG-Eigenschaften aufweist, darf das Derivat zur Feststellung des Teilfondsanteils berücksichtigt werden, der Umwelt- oder Sozialeigenschaften fördert.
In welchem Mindestmaß sind nachhaltige Investitionen mit einem Umweltziel mit der EU-Taxonomie konform?
Der Teilfonds investiert mindestens 0% in nachhaltige Anlagen mit einem Umweltziel, die mit der EU-Taxonomie konform sind.
Die Konformität der Anlagen des Teilfonds mit der EU-Taxonomie wird nicht durch Wirtschaftsprüfer oder mittels einer Überprüfung durch Dritte sichergestellt.
Die Ausrichtung der zugrunde liegenden Anlagen des Teilfonds an der EU-Taxonomie wird anhand des Umsatzes gemessen.
Investiert das Finanzprodukt in Aktivitäten im Zusammenhang mit fossilem Gas und/oder Kernenergie, die der EU-Taxonomie¹ entsprechen?
- JaNein
- In fossiles Gas	In KernenergieWie hoch ist der Mindestanteil der Investitionen in Übergangstätigkeiten und ermöglichende Tätigkeiten?

Der Teilfonds investiert mindestens 0% in Übergangstätigkeiten und ermöglichende Tätigkeiten.
Wie hoch ist der Mindestanteil nachhaltiger Investitionen mit einem Umweltziel, die nicht mit der EU-Taxonomie konform sind?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Umweltziel, das nicht mit der EU-Taxonomie konform ist.
Die Anlagen können zwar mit der EU-Taxonomie konform sein, aber der Investmentmanager ist derzeit nicht in der Lage, den genauen Anteil der Anlagen des Teilfonds anzugeben, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftstätigkeiten berücksichtigen. Die Position wird jedoch weiterhin überprüft, wenn die zugrunde liegenden Regeln festgelegt sind und im Laufe der Zeit mehr zuverlässige Daten zur Verfügung stehen.
¹ Tätigkeiten im Bereich fossiles Gas und/oder Kernenergie sind nur dann EU-taxonomiekonform, wenn sie zur Eindämmung des Klimawandels („Klimaschutz“) beitragen und kein Ziel der EU-Taxonomie erheblich beeinträchtigen – siehe Erläuterung am linken Rand. Die vollständigen Kriterien für EU-taxonomiekonforme Wirtschaftstätigkeiten im Bereich fossiles Gas und Kernenergie sind in der Delegierten Verordnung (EU) 2022/1214 der Kommission festgelegt.
Wie hoch ist der Mindestanteil der sozial nachhaltigen Investitionen?
Der Teilfonds investiert mindestens 5% in nachhaltige Anlagen mit einem Sozialziel.
Welche Investitionen fallen unter ,,#2 Andere Investitionen", welcher Anlagezweck wird mit ihnen verfolgt und gibt es einen ökologischen oder sozialen Mindestschutz?
Die verbleibenden Anlagen des Teilfonds erfolgen in Instrumenten, die zum Finanzziel des Teilfonds passen, und für Liquiditätszwecke in liquiden Mitteln und liquiden Mitteln gleichstehenden Mitteln sowie in Derivaten, die als Anlagen und für eine effiziente Portfolioverwaltung eingesetzt werden können.
Zur Gewährleistung eines Mindestmaßes an Umwelt- und Sozialabsicherungen wendet der Teilfonds die Ausschlusskriterien an.

###### Wurde ein Index als Referenzwert bestimmt, um festzustellen, ob dieses Finanzprodukt auf die beworbenen ökologischen und/oder sozialen Merkmale ausgerichtet ist?
Es wird kein bestimmter Index als Referenzbenchmark angegeben, um festzustellen, ob dieses Finanzprodukt zu den geförderten Umwelt- oder Sozialeigenschaften passt.
Bei den Referenzwerten handelt es sich um Indizes, mit denen gemessen wird, ob das Finanzprodukt die beworbenen ökologischen oder sozialen Merkmale erreicht.
Inwiefern ist der Referenzwert kontinuierlich auf die mit dem Finanzprodukt beworbenen ökologischen und sozialen Merkmale ausgerichtet?
Diese Frage ist hier nicht relevant.
Wie wird die kontinuierliche Ausrichtung der Anlagestrategie auf die Indexmethode sichergestellt?
Diese Frage ist hier nicht relevant.
Wie unterscheidet sich der bestimmte Index von einem relevanten breiten Marktindex?
Diese Frage ist hier nicht relevant.
Wo kann die Methode zur Berechnung des bestimmten Indexes eingesehen werden?
Diese Frage ist hier nicht relevant.

###### 	Wo kann ich im Internet weitere produktspezifische Informationen finden?
Weitere produktspezifische Informationen finden Sie auf der Website: https:/www.fidelity.lu/funds/factsheet/LU0267387255/tab-disclosure#SFDR-disclosure. 
Weitere Informationen zu den hier dargelegten Methoden finden Sie auf der Website: System fürnachhaltiges Investieren (fidelityinternational.com).
Vorvertragliche Informationen zu den in Artikel 8 Absätze 1, 2 und 2a der Verordnung (EU) 2019/2088 und Artikel 6 Absatz 1 der Verordnung (EU) 2020/852 genannten Finanzprodukten
Name des Produkts:	Unternehmenskennung (LEI- Code):
Fidelity Funds - Global Dividend Fund	549300TOZX7F2KZWXK25

###### Ökologische und/oder soziale Merkmale
| Werden mit diesem Finanzprodukt nachhaltige Investitionen angestrebt? |
| --- |
|  | - Ja
 |  | Nein |
| - Es wird damit ein MindestanteiI an nachhaltigen Investitionen mit einem Umweltziel getätigt:%
	- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie als ökologisch nachhaltig einzustufen sind
	- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie nicht als ökologisch nachhaltig einzustufen sind

- Es wird damit ein Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel getätigt:%
 | Es werden damit ökologische/soziale Merkmale beworben und obwohl keine nachhaltigen Investitionen angestrebt werden, enthält es einen Mindestanteil von 20% an nachhaltigen Investitionen. - mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie als ökologisch nachhaltig einzustufen sindmit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie nicht als ökologisch nachhaltig einzustufen sindmit einem sozialen Ziel
- Es	werden		damit	ökologische/soziale Merkmale	beworben,		aber	keinenachhaltigen Investitionen getätigt.
 |

Welche ökologischen und/ oder sozialen Merkmale werden mit diesem Finanzprodukt beworben?
Mit Nachhaltigkeitsin- dikatoren wird gemessen, inwieweit die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht werden.
Der Teilfonds fördert Umwelt- und Sozialeigenschaften, indem er in Wertpapiere von Emittenten mit guten ESG-Eigenschaften investiert. Gute ESG-Eigenschaften werden anhand von ESG-Ratings ermittelt. ESG-Ratings berücksichtigen Umwelteigenschaften wie CO2-Intensität, CO2-Emissionen, Energieeffizienz, Wasser- und Abfallmanagement und Biodiversität sowie Sozialeigenschaften wie Produktsicherheit, Lieferkette, Gesundheit und Sicherheit sowie Menschenrechte.
Der Teilfonds ist in gewissem Maße bestrebt, nachhaltige Anlagen zu tätigen.
Es wird keine Referenzbenchmark festgelegt, um die geförderten Umwelt- und Sozialeigenschaften zu erreichen.
einzelnen ökologischen oder sozialen Merkmale, die durch dieses Finanzprodukt beworben werden, herangezogen?
Der Teilfonds verwendet die folgenden Nachhaltigkeitsindikatoren, um die Ausprägung der von ihm geförderten Umwelt- oder Sozialeigenschaften zu messen:
- der  Prozentsatz des Teilfonds, der in Wertpapieren von Emittenten mit guten ESG-Eigenschaften im Einklang mit dem System für nachhaltiges Investieren von Fidelity investiert ist;
- in Bezug auf seine Direktanlagen in Unternehmen als Emittenten der Prozentsatz des Teilfonds, der in Wertpapiere von Emittenten investiert ist, auf die Ausschlusskriterien (wie unten definiert) zutreffen;
- der Prozentsatz des Teilfonds, der in nachhaltige Anlagen investiert ist; und
- der Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Umweltziel bei Wirtschaftsaktivitäten investiert ist, die gemäß der EU-Taxonomie nicht als ökologisch nachhaltig gelten; und
- der Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel investiert ist.

Welches sind die Ziele der nachhaltigen Investitionen, die mit dem
Finanzprodukt teilweise getätigt werden sollen, und wie trägt die nachhaltige Investition zu diesen Zielen bei?
Der Teilfonds ermittelt wie folgt, ob eine Anlage nachhaltig ist:
- Emittenten, die wirtschaftliche Tätigkeiten ausüben, die zu einem oder mehreren der in der EU-Taxonomie festgelegten Umweltziele beitragen und gemäß der EU-Taxonomie als ökologisch nachhaltig gelten; oder
- Emittenten, bei denen der Großteil ihrer Geschäftstätigkeit (mehr als 50% des Umsatzes) zu ökologischen oder sozialen Zielen beiträgt, die mit einem oder mehreren der Ziele der Vereinten Nationen für nachhaltige Entwicklung („SDG“) in Einklang stehen; oder
- Emittenten, die ein Dekarbonisierungsziel festgelegt haben, das mit einem Temperaturanstiegsszenario mit 1,5 Grad oder weniger vereinbar ist (überprüft durch die Science Based Target Initiative oder ein Fidelity Proprietary Climate Rating), das als Beitrag zu Umweltzielen angesehen wird;sofern sie keinen wesentlichen Schaden anrichten, Mindestabsicherungen bieten und gute Governance-Kriterien aufweisen.

teilweise getätigt werden sollen, keinem der ökologischen oder sozialen nachhaltigen Anlageziele erheblich schaden?
Nachhaltige Anlagen werden auf ihre Beteiligung an Aktivitäten überprüft, die erheblichen Schaden und Kontroversen verursachen, und durch eine Kontrolle bewertet, ob der Emittent Mindestabsicherungen und -standards hinsichtlich der wichtigsten nachteiligen Auswirkungen (PAI) sowie die Leistung bei den PAI-Kennzahlen umsetzt bzw. erfüllt. Dazu gehören:
- Normenbasierte Filterkriterien – das Filtern von Wertpapieren, die gemäß den bestehenden (unten beschriebenen) normenbasierten Filterkriterien von Fidelity ermittelt wurden, anhand von:
- aktivitätsbasierten Filterkriterien – das Filtern von Emittenten auf der Grundlage ihrer Beteiligung an Aktivitäten mit erheblichen negativen Auswirkungen auf die Gesellschaft oder die Umwelt, darunter Emittenten, bei denen aufgrund der Filterkriterien für Kontroversen eine„sehr gravierende“ Kontroverse vorliegt, die im Bereich
- Umwelt,
- Menschenrechte und Gemeinschaften,
- Arbeitnehmerrechte und Lieferkette,
- Kunden,
- Governance angesiedelt ist; und anhand von
	- PAI-Indikatoren. Quantitative Daten (sofern verfügbar) zu PAI-Indikatoren werden verwendet, um zu bewerten, ob ein Emittent an Aktivitäten beteiligt ist, die einem Umwelt- oder Sozialziel erheblichen Schaden zufügen.


Bei den wichtigsten nachteiligen Auswirkungen handelt es sich um die bedeutendsten nachteiligen Auswirkungen von Investitionsentscheidun- gen auf NachhaItigkeitsfaktoren in den Bereichen Umwelt, Soziales und Beschäftigung, Achtung der Menschenrechte und Bekämpfung von Korruption und Bestechung.
Wie wurden die Indikatoren für nachteilige Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Für nachhaltige Anlagen, wie oben beschrieben, führt Fidelity eine quantitative Bewertung durch, um Emittenten mit einer problematischen Leistung bei PAI-Indikatoren zu ermitteln. Emittenten mit einer niedrigen Punktzahl kommen nur dann für „nachhaltige Anlagen“ infrage, wenn die Fundamentalresearch von Fidelity feststellt, dass der Emittent nicht gegen die Anforderungen verstößt, „keinen wesentlichen Schaden anrichtet“ oder sich auf einem guten Weg befindet, um die nachteiligen Auswirkungen durch effektives Management oder einen Übergang abzumildern.
Wie stehen die nachhaltigen Investitionen mit den OECD-Leitsätzen für multinationale Unternehmen und den Leitprinzipien der Vereinten Nationen für Wirtschaft und
Menschenrechte in Einklang? Nähere Angaben:
Es werden normenbasierte Filterkriterien angewendet: Emittenten, bei denen festgestellt wurde, dass sie sich nicht in einer Weise verhalten, die ihrer grundlegenden Verantwortung in den Bereichen Menschenrechte, Arbeit, Umwelt und Korruptionsbekämpfung im Einklang mit internationalen Normen gerecht wird, darunter denjenigen, die in den OECD-Leitsätzen für multinationale Unternehmen, den Leitprinzipien der Vereinten Nationen für Wirtschaft und Menschenrechte, dem UN Global Compact (UNGC) und den IAO-Standards der Internationalen Arbeitsorganisation (ILO) festgelegt sind, kommen für nachhaltige Investitionen nicht infrage.
In der EU-Taxonomie ist der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" festgelegt, nach dem taxonomiekonforme Investitionen die Ziele der EU-Taxonomie nicht erheblich beeinträchtigen dürfen, und es sind spezifische EU-Kriterien beigefügt. Der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" findet nur bei denjenigen dem Finanzprodukt zugrunde liegenden Investitionen Anwendung, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten berücksichtigen. Die dem verbleibenden Teil dieses  Finanzprodukts zugrunde  liegenden Investitionen berücksichtigen nicht die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten. Alle anderen nachhaltigen Investitionen dürfen ökologische oder soziale Ziele ebenfalls nicht erheblich beeinträchtigen.

###### Werden bei diesem Finanzprodukt die wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Ja
- NeinDie wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren werden mit Hilfe einer Vielzahl von Instrumenten berücksichtigt und in Anlageentscheidungen einbezogen. Hierzu zählen:
- Due Diligence – Analyse, ob die wichtigsten nachteiligen Auswirkungen (PAI) wesentlich und negativ sind.
- ESG-Rating – Fidelity bezieht sich auf ESG-Ratings, die wesentliche nachteilige Auswirkungen wie CO2-Emissionen, Mitarbeitersicherheit, Bestechung und Korruption sowie Wassermanagement berücksichtigen, und bei den von Staaten ausgegebenen Wertpapieren berücksichtigen die verwendeten Ratings wichtige nachteilige Auswirkungen (PAI) wie CO2-Emissionen, Sozialverstöße und die Meinungsfreiheit.
- Ausschlusskriterien – Bei Direktanlagen in Unternehmen als Emittenten wendet der Teilfonds die (unten definierten) Ausschlusskriterien an, um die wichtigsten nachteiligen Auswirkungen abzumildern. Dazu schließt er schädliche Sektoren aus und verbietet Investitionen in Emittenten, die gegen internationale Standards wie den UNGC verstoßen.
- Mitwirkung – Fidelity nutzt Mitwirkung als ein Instrument, um die wichtigsten nachteiligen Auswirkungen besser zu verstehen und sich unter bestimmten Umständen für die Abmilderung der wichtigsten nachteiligen Auswirkungen einzusetzen. Fidelity beteiligt sich an relevanten individuellen und kollaborativen Arten der Mitwirkung, die auf eine Reihe von wichtigen negativen Auswirkungen abzielen (z. B. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Abstimmungsverhalten – Die Abstimmungspolitik von Fidelity umfasst bei Unternehmen als Emittenten explizite Mindeststandards für die Geschlechtervielfalt im Aufsichtsrat und die Auseinandersetzung mit dem Klimawandel. Fidelity kann auch auf eine Weise abstimmen, dass die wichtigsten nachteiligen Auswirkungen abgemildert werden.
- Vierteljährliche Überprüfungen – Überwachung der wichtigsten nachteiligen Auswirkungen (PAI) durch den vierteljährlichen Überprüfungsprozess des Teilfonds.

Wenn es um die Frage geht, ob Investitionen eine wesentliche nachteilige Auswirkung haben, berücksichtigt Fidelity für jeden Nachhaltigkeitsfaktor spezifische Indikatoren. Diese Indikatoren hängen von der Datenverfügbarkeit ab und können sich mit zunehmender Datenqualität und
-verfügbarkeit weiterentwickeln.
Informationen über die wichtigsten nachteiligen Auswirkungen werden im Jahresbericht des Teilfonds zur Verfügung gestellt.
Die Anlagestrategie dient aIs Richtschnur für Investitionsentscheidun- gen, wobei bestimmte Kriterien wie beispielsweise Investitionsziele oder Risikotoleranz
berücksichtigt werden.
Mindestens 50% des Nettovermögens des Teilfonds werden in Wertpapiere investiert, die gute ESG-Eigenschaften aufweisen.
Ob ESG-Eigenschaften gut sind, wird anhand von ESG-Ratings externer Agenturen und von Fidelity ESG-Ratings ermittelt.
Innerhalb dieses Anlageuniversums wählt der Investmentmanager Aktien mit Hilfe rigoroser Bottom-up-Finanzanalysen und -bewertungen aus, um Aktien mit einem Potenzial für hohe Anlagerenditen auszuwählen.
In Bezug auf seine Direktanlagen in Unternehmensemittenten berücksichtigt der Teilfonds:
- eine unternehmensweite Ausschlussliste, die Streumunition und Antipersonenlandminen umfasst; und
- eine normenbasierte Filterung von Emittenten, die nach Ansicht des Investmentmanagers ihre Geschäfte nicht in Übereinstimmung mit internationalen Normen, darunter den im UNGC festgelegten, durchgeführt haben.

Die oben genannten Ausschluss- und Filterkriterien (die „Ausschlusskriterien“) werden möglicherweise von Zeit zu Zeit aktualisiert. Weitere Informationen erhalten Sie auf der Website Sustainable investing framework (fidelityinternational.com).
Es steht zudem im Ermessen des Investmentmanagers, von Zeit zu Zeit erweiterte, strengere Nachhaltigkeitsanforderungen und Ausschlusskriterien anzuwenden.
Worin bestehen die verbindlichen Elemente der Anlagestrategie, die für die Auswahl der Investitionen zur Erfüllung der beworbenen ökologischen oder sozialen Ziele verwendet werden?
Der Teilfonds investiert:
- mindestens  50%  seines  Vermögens in Wertpapiere von Emittenten mit guten ESG-Eigenschaften,
- mindestens 20% in nachhaltige Anlagen, von denen mindestens 0% ein Umweltziel aufweisen, das sich an der EU-Taxonomie orientiert, mindestens 1% ein Umweltziel, das sich nicht an der EU-Taxonomie orientiert, und mindestens 1% ein Sozialziel verfolgen.

Darüber hinaus wird der Teilfonds die oben beschriebenen Ausschlusskriterien systematisch anwenden.
Um welchen Mindestsatz wird der Umfang der vor der Anwendung dieser Anlagestrategie in Betracht gezogenen Investitionen reduziert?
Diese Frage ist hier nicht relevant.
Die Verfahrensweisen einer guten
Unternehmensführung umfassen solide Managementstrukturen, die Beziehungen zu den Arbeitnehmern, die Vergütung von Mitarbeitern sowie die Einhaltung der Steuervorschriften.
Wie werden die Verfahrensweisen einer guten Unternehmensführung der Unternehmen, in die investiert wird, bewertet?
Die Governance-Praktiken der Emittenten werden anhand von Fundamentalresearch bewertet, die Fidelity ESG-Ratings sowie Daten zu Kontroversen und Verstößen gegen den UN Global Compact berücksichtigt.
Zu den wichtigsten Punkten, die analysiert werden, gehören unter anderem die Erfolgsbilanz der Kapitalallokation, die finanzielle Transparenz, Transaktionen mit nahestehenden Parteien, die Unabhängigkeit und Größe des Vorstands, die Vergütung der Führungskräfte, die Abschlussprüfer und die interne Aufsicht sowie die Rechte der Minderheitsanteilinhaber.
Die Vermögensallokation gibt den jeweiligen Anteil der Investitionen in bestimmte Vermögenswerte an.
Taxonomiekonforme Tätigkeiten, ausgedrückt durch den Anteil der:
- Umsatzerlöse, die den Anteil der Einnahmen aus umweltfreundlichenAktivitäten der Unternehmen, in die investiert wird, widerspiegeln
- Investitionsausgaben (CapEx), die die umweltfreundlichen Investitionen der Unternehmen, in die investiert wird, aufzeigen,z.B. für den Übergang zu einer grünen Wirtschaft- Betriebsausgaben (OpEx), die die umweltfreundlichenbetrieblichen Aktivitäten der Unternehmen, in die investiert wird, widerspiegeln(#1 Ausgerichtet an E/S-Eigenschaften) Der Teilfonds investiert nach Möglichkeit:
- mindestens 50% seines	Vermögens	in	Wertpapiere	von	Emittenten	mit	guten ESG-Eigenschaften,
- mindestens 20% seines Vermögens in nachhaltige (#1A nachhaltig) Anlagen, von denen mindestens 0% ein Umweltziel verfolgen (das an der EU-Taxonomie ausgerichtet ist), mindestens 1% ein Umweltziel haben (das nicht an der EU-Taxonomie ausgerichtet ist) und mindestens 1% ein Sozialziel haben. Die übrigen nachhaltigen Anlagen des Teilfonds können ein Umwelt- oder Sozialziel verfolgen.

Sonstige Umweltziele 1%
(#1B Sonstige E/S-Eigenschaften) Umfasst Wertpapiere von Emittenten mit guten ESG-Eigenschaften, die aber keine nachhaltigen Anlagen sind.
#1A Nachhaltige
Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale
50%
Investitionen 20%
#1B Andere ökologische oder soziale Merkmale
Soziales 1%
#2 Andere Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst Investitionen des Finanzprodukts, die zur Erreichung der beworbenen ökologischen oder sozialen Merkmale getätigt wurden.
#2 Andere Investitionen umfasst die übrigen Investitionen des Finanzprodukts, die weder auf ökologische oder soziale Merkmale ausgerichtet sind noch als nachhaltige Investitionen eingestuft werden.
Die Kategorie #1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst folgende Unterkategorien:
Die Unterkategorie #1A Nachhaltige Investitionen umfasst nachhaltige Investitionen mit ökologischen oder sozialen Zielen.
Die Unterkategorie #1B Andere ökologische oder soziale Merkmale umfasst Investitionen, die auf ökologische oder soziale Merkmale ausgerichtet sind, aber nicht als nachhaltige Investitionen eingestuft werden.
Inwiefern werden durch den Einsatz von Derivaten die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht?
Wenn das einem Derivat zugrunde liegende Wertpapier im Einklang mit dem System für nachhaltiges Investieren von Fidelity gute ESG-Eigenschaften aufweist, darf das Derivat zur Feststellung des Teilfondsanteils berücksichtigt werden, der Umwelt- oder Sozialeigenschaften fördert.
In welchem Mindestmaß sind nachhaltige Investitionen mit einem Umweltziel mit der EU-Taxonomie konform?
Der Teilfonds investiert mindestens 0% in nachhaltige Anlagen mit einem Umweltziel, die mit der EU-Taxonomie konform sind.
Die Konformität der Anlagen des Teilfonds mit der EU-Taxonomie wird nicht durch Wirtschaftsprüfer oder mittels einer Überprüfung durch Dritte sichergestellt.
Die Ausrichtung der zugrunde liegenden Anlagen des Teilfonds an der EU-Taxonomie wird anhand des Umsatzes gemessen.
Investiert das Finanzprodukt in Aktivitäten im Zusammenhang mit fossilem Gas und/oder Kernenergie, die der EU-Taxonomie¹ entsprechen?
- JaNein
- In fossiles Gas	In KernenergieWie hoch ist der Mindestanteil der Investitionen in Übergangstätigkeiten und ermöglichende Tätigkeiten?

Der Teilfonds investiert mindestens 0% in Übergangstätigkeiten und ermöglichende Tätigkeiten.
Wie hoch ist der Mindestanteil nachhaltiger Investitionen mit einem Umweltziel, die nicht mit der EU-Taxonomie konform sind?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Umweltziel, das nicht mit der EU-Taxonomie konform ist.
Die Anlagen können zwar mit der EU-Taxonomie konform sein, aber der Investmentmanager ist derzeit nicht in der Lage, den genauen Anteil der Anlagen des Teilfonds anzugeben, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftstätigkeiten berücksichtigen. Die Position wird jedoch weiterhin überprüft, wenn die zugrunde liegenden Regeln festgelegt sind und im Laufe der Zeit mehr zuverlässige Daten zur Verfügung stehen.
¹ Tätigkeiten im Bereich fossiles Gas und/oder Kernenergie sind nur dann EU-taxonomiekonform, wenn sie zur Eindämmung des Klimawandels („Klimaschutz“) beitragen und kein Ziel der EU-Taxonomie erheblich beeinträchtigen – siehe Erläuterung am linken Rand. Die vollständigen Kriterien für EU-taxonomiekonforme Wirtschaftstätigkeiten im Bereich fossiles Gas und Kernenergie sind in der Delegierten Verordnung (EU) 2022/1214 der Kommission festgelegt.
Wie hoch ist der Mindestanteil der sozial nachhaltigen Investitionen?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Sozialziel.
Welche Investitionen fallen unter ,,#2 Andere Investitionen", welcher Anlagezweck wird mit ihnen verfolgt und gibt es einen ökologischen oder sozialen Mindestschutz?
Die verbleibenden Anlagen des Teilfonds erfolgen in Instrumenten, die zum Finanzziel des Teilfonds passen, und für Liquiditätszwecke in liquiden Mitteln und liquiden Mitteln gleichstehenden Mitteln sowie in Derivaten, die als Anlagen und für eine effiziente Portfolioverwaltung eingesetzt werden können.
Zur Gewährleistung eines Mindestmaßes an Umwelt- und Sozialabsicherungen wendet der Teilfonds die Ausschlusskriterien an.

###### Wurde ein Index als Referenzwert bestimmt, um festzustellen, ob dieses Finanzprodukt auf die beworbenen ökologischen und/oder sozialen Merkmale ausgerichtet ist?
Es wird kein bestimmter Index als Referenzbenchmark angegeben, um festzustellen, ob dieses Finanzprodukt zu den geförderten Umwelt- oder Sozialeigenschaften passt.
Bei den Referenzwerten handelt es sich um Indizes, mit denen gemessen wird, ob das Finanzprodukt die beworbenen ökologischen oder sozialen Merkmale erreicht.
Inwiefern ist der Referenzwert kontinuierlich auf die mit dem Finanzprodukt beworbenen ökologischen und sozialen Merkmale ausgerichtet?
Diese Frage ist hier nicht relevant.
Wie wird die kontinuierliche Ausrichtung der Anlagestrategie auf die Indexmethode sichergestellt?
Diese Frage ist hier nicht relevant.
Wie unterscheidet sich der bestimmte Index von einem relevanten breiten Marktindex?
Diese Frage ist hier nicht relevant.
Wo kann die Methode zur Berechnung des bestimmten Indexes eingesehen werden?
Diese Frage ist hier nicht relevant.

###### 	Wo kann ich im Internet weitere produktspezifische Informationen finden?
Weitere produktspezifische Informationen finden Sie auf der Website: https:/www.fidelity.lu/funds/factsheet/LU1261431768/tab-disclosure#SFDR-disclosure. 
Weitere Informationen zu den hier dargelegten Methoden finden Sie auf der Website: System fürnachhaltiges Investieren (fidelityinternational.com).
Vorvertragliche Informationen zu den in Artikel 8 Absätze 1, 2 und 2a der Verordnung (EU) 2019/2088 und Artikel 6 Absatz 1 der Verordnung (EU) 2020/852 genannten Finanzprodukten
Name des Produkts:	Unternehmenskennung (LEI- Code):
Fidelity Funds - Global Equity Income Fund	549300NJ0LHMXLO0MG36

###### Ökologische und/oder soziale Merkmale
| Werden mit diesem Finanzprodukt nachhaltige Investitionen angestrebt? |
| --- |
|  | - Ja
 |  | Nein |
| - Es wird damit ein MindestanteiI an nachhaltigen Investitionen mit einem Umweltziel getätigt:%
	- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie als ökologisch nachhaltig einzustufen sind
	- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie nicht als ökologisch nachhaltig einzustufen sind

- Es wird damit ein Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel getätigt:%
 | Es werden damit ökologische/soziale Merkmale beworben und obwohl keine nachhaltigen Investitionen angestrebt werden, enthält es einen Mindestanteil von 20% an nachhaltigen Investitionen. - mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie als ökologisch nachhaltig einzustufen sindmit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie nicht als ökologisch nachhaltig einzustufen sindmit einem sozialen Ziel
- Es	werden		damit	ökologische/soziale Merkmale	beworben,		aber	keinenachhaltigen Investitionen getätigt.
 |

Welche ökologischen und/ oder sozialen Merkmale werden mit diesem Finanzprodukt beworben?
Mit Nachhaltigkeitsin- dikatoren wird gemessen, inwieweit die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht werden.
Der Teilfonds fördert Umwelt- und Sozialeigenschaften, indem er in Wertpapiere von Emittenten mit guten ESG-Eigenschaften investiert. Gute ESG-Eigenschaften werden anhand von ESG-Ratings ermittelt. ESG-Ratings berücksichtigen Umwelteigenschaften wie CO2-Intensität, CO2-Emissionen, Energieeffizienz, Wasser- und Abfallmanagement und Biodiversität sowie Sozialeigenschaften wie Produktsicherheit, Lieferkette, Gesundheit und Sicherheit sowie Menschenrechte.
Der Teilfonds ist in gewissem Maße bestrebt, nachhaltige Anlagen zu tätigen.
Es wird keine Referenzbenchmark festgelegt, um die geförderten Umwelt- und Sozialeigenschaften zu erreichen.
einzelnen ökologischen oder sozialen Merkmale, die durch dieses Finanzprodukt beworben werden, herangezogen?
Der Teilfonds verwendet die folgenden Nachhaltigkeitsindikatoren, um die Ausprägung der von ihm geförderten Umwelt- oder Sozialeigenschaften zu messen:
- der  Prozentsatz des Teilfonds, der in Wertpapieren von Emittenten mit guten ESG-Eigenschaften im Einklang mit dem System für nachhaltiges Investieren von Fidelity investiert ist;
- in Bezug auf seine Direktanlagen in Unternehmen als Emittenten der Prozentsatz des Teilfonds, der in Wertpapiere von Emittenten investiert ist, auf die Ausschlusskriterien (wie unten definiert) zutreffen;
- der Prozentsatz des Teilfonds, der in nachhaltige Anlagen investiert ist; und
- der Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Umweltziel bei Wirtschaftsaktivitäten investiert ist, die gemäß der EU-Taxonomie nicht als ökologisch nachhaltig gelten; und
- der Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel investiert ist.

Welches sind die Ziele der nachhaltigen Investitionen, die mit dem
Finanzprodukt teilweise getätigt werden sollen, und wie trägt die nachhaltige Investition zu diesen Zielen bei?
Der Teilfonds ermittelt wie folgt, ob eine Anlage nachhaltig ist:
- Emittenten, die wirtschaftliche Tätigkeiten ausüben, die zu einem oder mehreren der in der EU-Taxonomie festgelegten Umweltziele beitragen und gemäß der EU-Taxonomie als ökologisch nachhaltig gelten; oder
- Emittenten, bei denen der Großteil ihrer Geschäftstätigkeit (mehr als 50% des Umsatzes) zu ökologischen oder sozialen Zielen beiträgt, die mit einem oder mehreren der Ziele der Vereinten Nationen für nachhaltige Entwicklung („SDG“) in Einklang stehen; oder
- Emittenten, die ein Dekarbonisierungsziel festgelegt haben, das mit einem Temperaturanstiegsszenario mit 1,5 Grad oder weniger vereinbar ist (überprüft durch die Science Based Target Initiative oder ein Fidelity Proprietary Climate Rating), das als Beitrag zu Umweltzielen angesehen wird;sofern sie keinen wesentlichen Schaden anrichten, Mindestabsicherungen bieten und gute Governance-Kriterien aufweisen.

teilweise getätigt werden sollen, keinem der ökologischen oder sozialen nachhaltigen Anlageziele erheblich schaden?
Nachhaltige Anlagen werden auf ihre Beteiligung an Aktivitäten überprüft, die erheblichen Schaden und Kontroversen verursachen, und durch eine Kontrolle bewertet, ob der Emittent Mindestabsicherungen und -standards hinsichtlich der wichtigsten nachteiligen Auswirkungen (PAI) sowie die Leistung bei den PAI-Kennzahlen umsetzt bzw. erfüllt. Dazu gehören:
- Normenbasierte Filterkriterien – das Filtern von Wertpapieren, die gemäß den bestehenden (unten beschriebenen) normenbasierten Filterkriterien von Fidelity ermittelt wurden, anhand von:
- aktivitätsbasierten Filterkriterien – das Filtern von Emittenten auf der Grundlage ihrer Beteiligung an Aktivitäten mit erheblichen negativen Auswirkungen auf die Gesellschaft oder die Umwelt, darunter Emittenten, bei denen aufgrund der Filterkriterien für Kontroversen eine„sehr gravierende“ Kontroverse vorliegt, die im Bereich
- Umwelt,
- Menschenrechte und Gemeinschaften,
- Arbeitnehmerrechte und Lieferkette,
- Kunden,
- Governance angesiedelt ist; und anhand von
	- PAI-Indikatoren. Quantitative Daten (sofern verfügbar) zu PAI-Indikatoren werden verwendet, um zu bewerten, ob ein Emittent an Aktivitäten beteiligt ist, die einem Umwelt- oder Sozialziel erheblichen Schaden zufügen.


Bei den wichtigsten nachteiligen Auswirkungen handelt es sich um die bedeutendsten nachteiligen Auswirkungen von Investitionsentscheidun- gen auf NachhaItigkeitsfaktoren in den Bereichen Umwelt, Soziales und Beschäftigung, Achtung der Menschenrechte und Bekämpfung von Korruption und Bestechung.
Wie wurden die Indikatoren für nachteilige Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Für nachhaltige Anlagen, wie oben beschrieben, führt Fidelity eine quantitative Bewertung durch, um Emittenten mit einer problematischen Leistung bei PAI-Indikatoren zu ermitteln. Emittenten mit einer niedrigen Punktzahl kommen nur dann für „nachhaltige Anlagen“ infrage, wenn die Fundamentalresearch von Fidelity feststellt, dass der Emittent nicht gegen die Anforderungen verstößt, „keinen wesentlichen Schaden anrichtet“ oder sich auf einem guten Weg befindet, um die nachteiligen Auswirkungen durch effektives Management oder einen Übergang abzumildern.
Wie stehen die nachhaltigen Investitionen mit den OECD-Leitsätzen für multinationale Unternehmen und den Leitprinzipien der Vereinten Nationen für Wirtschaft und
Menschenrechte in Einklang? Nähere Angaben:
Es werden normenbasierte Filterkriterien angewendet: Emittenten, bei denen festgestellt wurde, dass sie sich nicht in einer Weise verhalten, die ihrer grundlegenden Verantwortung in den Bereichen Menschenrechte, Arbeit, Umwelt und Korruptionsbekämpfung im Einklang mit internationalen Normen gerecht wird, darunter denjenigen, die in den OECD-Leitsätzen für multinationale Unternehmen, den Leitprinzipien der Vereinten Nationen für Wirtschaft und Menschenrechte, dem UN Global Compact (UNGC) und den IAO-Standards der Internationalen Arbeitsorganisation (ILO) festgelegt sind, kommen für nachhaltige Investitionen nicht infrage.
In der EU-Taxonomie ist der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" festgelegt, nach dem taxonomiekonforme Investitionen die Ziele der EU-Taxonomie nicht erheblich beeinträchtigen dürfen, und es sind spezifische EU-Kriterien beigefügt. Der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" findet nur bei denjenigen dem Finanzprodukt zugrunde liegenden Investitionen Anwendung, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten berücksichtigen. Die dem verbleibenden Teil dieses  Finanzprodukts zugrunde  liegenden Investitionen berücksichtigen nicht die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten. Alle anderen nachhaltigen Investitionen dürfen ökologische oder soziale Ziele ebenfalls nicht erheblich beeinträchtigen.

###### Werden bei diesem Finanzprodukt die wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Ja
- NeinDie wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren werden mit Hilfe einer Vielzahl von Instrumenten berücksichtigt und in Anlageentscheidungen einbezogen. Hierzu zählen:
- Due Diligence – Analyse, ob die wichtigsten nachteiligen Auswirkungen (PAI) wesentlich und negativ sind.
- ESG-Rating – Fidelity bezieht sich auf ESG-Ratings, die wesentliche nachteilige Auswirkungen wie CO2-Emissionen, Mitarbeitersicherheit, Bestechung und Korruption sowie Wassermanagement berücksichtigen, und bei den von Staaten ausgegebenen Wertpapieren berücksichtigen die verwendeten Ratings wichtige nachteilige Auswirkungen (PAI) wie CO2-Emissionen, Sozialverstöße und die Meinungsfreiheit.
- Ausschlusskriterien – Bei Direktanlagen in Unternehmen als Emittenten wendet der Teilfonds die (unten definierten) Ausschlusskriterien an, um die wichtigsten nachteiligen Auswirkungen abzumildern. Dazu schließt er schädliche Sektoren aus und verbietet Investitionen in Emittenten, die gegen internationale Standards wie den UNGC verstoßen.
- Mitwirkung – Fidelity nutzt Mitwirkung als ein Instrument, um die wichtigsten nachteiligen Auswirkungen besser zu verstehen und sich unter bestimmten Umständen für die Abmilderung der wichtigsten nachteiligen Auswirkungen einzusetzen. Fidelity beteiligt sich an relevanten individuellen und kollaborativen Arten der Mitwirkung, die auf eine Reihe von wichtigen negativen Auswirkungen abzielen (z. B. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Abstimmungsverhalten – Die Abstimmungspolitik von Fidelity umfasst bei Unternehmen als Emittenten explizite Mindeststandards für die Geschlechtervielfalt im Aufsichtsrat und die Auseinandersetzung mit dem Klimawandel. Fidelity kann auch auf eine Weise abstimmen, dass die wichtigsten nachteiligen Auswirkungen abgemildert werden.
- Vierteljährliche Überprüfungen – Überwachung der wichtigsten nachteiligen Auswirkungen (PAI) durch den vierteljährlichen Überprüfungsprozess des Teilfonds.

Wenn es um die Frage geht, ob Investitionen eine wesentliche nachteilige Auswirkung haben, berücksichtigt Fidelity für jeden Nachhaltigkeitsfaktor spezifische Indikatoren. Diese Indikatoren hängen von der Datenverfügbarkeit ab und können sich mit zunehmender Datenqualität und
-verfügbarkeit weiterentwickeln.
Informationen über die wichtigsten nachteiligen Auswirkungen werden im Jahresbericht des Teilfonds zur Verfügung gestellt.
Die Anlagestrategie dient aIs Richtschnur für Investitionsentscheidun- gen, wobei bestimmte Kriterien wie beispielsweise Investitionsziele oder Risikotoleranz
berücksichtigt werden.
Mindestens 50% des Nettovermögens des Teilfonds werden in Wertpapiere investiert, die gute ESG-Eigenschaften aufweisen.
Ob ESG-Eigenschaften gut sind, wird anhand von ESG-Ratings externer Agenturen und von Fidelity ESG-Ratings ermittelt.
Innerhalb dieses Anlageuniversums wählt der Investmentmanager Aktien mit Hilfe rigoroser Bottom-up-Finanzanalysen und -bewertungen aus, um Aktien mit einem Potenzial für hohe Anlagerenditen auszuwählen.
In Bezug auf seine Direktanlagen in Unternehmensemittenten berücksichtigt der Teilfonds:
- eine unternehmensweite Ausschlussliste, die Streumunition und Antipersonenlandminen umfasst; und
- eine normenbasierte Filterung von Emittenten, die nach Ansicht des Investmentmanagers ihre Geschäfte nicht in Übereinstimmung mit internationalen Normen, darunter den im UNGC festgelegten, durchgeführt haben.

Die oben genannten Ausschluss- und Filterkriterien (die „Ausschlusskriterien“) werden möglicherweise von Zeit zu Zeit aktualisiert. Weitere Informationen erhalten Sie auf der Website Sustainable investing framework (fidelityinternational.com).
Es steht zudem im Ermessen des Investmentmanagers, von Zeit zu Zeit erweiterte, strengere Nachhaltigkeitsanforderungen und Ausschlusskriterien anzuwenden.
Worin bestehen die verbindlichen Elemente der Anlagestrategie, die für die Auswahl der Investitionen zur Erfüllung der beworbenen ökologischen oder sozialen Ziele verwendet werden?
Der Teilfonds investiert:
- mindestens  50%  seines  Vermögens in Wertpapiere von Emittenten mit guten ESG-Eigenschaften,
- mindestens 20% in nachhaltige Anlagen, von denen mindestens 0% ein Umweltziel aufweisen, das sich an der EU-Taxonomie orientiert, mindestens 1% ein Umweltziel, das sich nicht an der EU-Taxonomie orientiert, und mindestens 5% ein Sozialziel verfolgen.

Darüber hinaus wird der Teilfonds die oben beschriebenen Ausschlusskriterien systematisch anwenden.
Um welchen Mindestsatz wird der Umfang der vor der Anwendung dieser Anlagestrategie in Betracht gezogenen Investitionen reduziert?
Diese Frage ist hier nicht relevant.
Die Verfahrensweisen einer guten
Unternehmensführung umfassen solide Managementstrukturen, die Beziehungen zu den Arbeitnehmern, die Vergütung von Mitarbeitern sowie die Einhaltung der Steuervorschriften.
Wie werden die Verfahrensweisen einer guten Unternehmensführung der Unternehmen, in die investiert wird, bewertet?
Die Governance-Praktiken der Emittenten werden anhand von Fundamentalresearch bewertet, die Fidelity ESG-Ratings sowie Daten zu Kontroversen und Verstößen gegen den UN Global Compact berücksichtigt.
Zu den wichtigsten Punkten, die analysiert werden, gehören unter anderem die Erfolgsbilanz der Kapitalallokation, die finanzielle Transparenz, Transaktionen mit nahestehenden Parteien, die Unabhängigkeit und Größe des Vorstands, die Vergütung der Führungskräfte, die Abschlussprüfer und die interne Aufsicht sowie die Rechte der Minderheitsanteilinhaber.
Die Vermögensallokation gibt den jeweiligen Anteil der Investitionen in bestimmte Vermögenswerte an.
Taxonomiekonforme Tätigkeiten, ausgedrückt durch den Anteil der:
- Umsatzerlöse, die den Anteil der Einnahmen aus umweltfreundlichenAktivitäten der Unternehmen, in die investiert wird, widerspiegeln
- Investitionsausgaben (CapEx), die die umweltfreundlichen Investitionen der Unternehmen, in die investiert wird, aufzeigen,z.B. für den Übergang zu einer grünen Wirtschaft- Betriebsausgaben (OpEx), die die umweltfreundlichenbetrieblichen Aktivitäten der Unternehmen, in die investiert wird, widerspiegeln(#1 Ausgerichtet an E/S-Eigenschaften) Der Teilfonds investiert nach Möglichkeit:
- mindestens 50% seines	Vermögens	in	Wertpapiere	von	Emittenten	mit	guten ESG-Eigenschaften,
- mindestens 20% seines Vermögens in nachhaltige (#1A nachhaltig) Anlagen, von denen mindestens 0% ein Umweltziel verfolgen (das an der EU-Taxonomie ausgerichtet ist), mindestens 1% ein Umweltziel haben (das nicht an der EU-Taxonomie ausgerichtet ist) und mindestens 5% ein Sozialziel haben. Die übrigen nachhaltigen Anlagen des Teilfonds können ein Umwelt- oder Sozialziel verfolgen.

Sonstige Umweltziele 1%
(#1B Sonstige E/S-Eigenschaften) Umfasst Wertpapiere von Emittenten mit guten ESG-Eigenschaften, die aber keine nachhaltigen Anlagen sind.
#1A Nachhaltige
Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale
50%
Investitionen 20%
#1B Andere ökologische oder soziale Merkmale
Soziales 5%
#2 Andere Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst Investitionen des Finanzprodukts, die zur Erreichung der beworbenen ökologischen oder sozialen Merkmale getätigt wurden.
#2 Andere Investitionen umfasst die übrigen Investitionen des Finanzprodukts, die weder auf ökologische oder soziale Merkmale ausgerichtet sind noch als nachhaltige Investitionen eingestuft werden.
Die Kategorie #1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst folgende Unterkategorien:
Die Unterkategorie #1A Nachhaltige Investitionen umfasst nachhaltige Investitionen mit ökologischen oder sozialen Zielen.
Die Unterkategorie #1B Andere ökologische oder soziale Merkmale umfasst Investitionen, die auf ökologische oder soziale Merkmale ausgerichtet sind, aber nicht als nachhaltige Investitionen eingestuft werden.
Inwiefern werden durch den Einsatz von Derivaten die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht?
Wenn das einem Derivat zugrunde liegende Wertpapier im Einklang mit dem System für nachhaltiges Investieren von Fidelity gute ESG-Eigenschaften aufweist, darf das Derivat zur Feststellung des Teilfondsanteils berücksichtigt werden, der Umwelt- oder Sozialeigenschaften fördert.
In welchem Mindestmaß sind nachhaltige Investitionen mit einem Umweltziel mit der EU-Taxonomie konform?
Der Teilfonds investiert mindestens 0% in nachhaltige Anlagen mit einem Umweltziel, die mit der EU-Taxonomie konform sind.
Die Konformität der Anlagen des Teilfonds mit der EU-Taxonomie wird nicht durch Wirtschaftsprüfer oder mittels einer Überprüfung durch Dritte sichergestellt.
Die Ausrichtung der zugrunde liegenden Anlagen des Teilfonds an der EU-Taxonomie wird anhand des Umsatzes gemessen.
Investiert das Finanzprodukt in Aktivitäten im Zusammenhang mit fossilem Gas und/oder Kernenergie, die der EU-Taxonomie¹ entsprechen?
- JaNein
- In fossiles Gas	In KernenergieWie hoch ist der Mindestanteil der Investitionen in Übergangstätigkeiten und ermöglichende Tätigkeiten?

Der Teilfonds investiert mindestens 0% in Übergangstätigkeiten und ermöglichende Tätigkeiten.
Wie hoch ist der Mindestanteil nachhaltiger Investitionen mit einem Umweltziel, die nicht mit der EU-Taxonomie konform sind?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Umweltziel, das nicht mit der EU-Taxonomie konform ist.
Die Anlagen können zwar mit der EU-Taxonomie konform sein, aber der Investmentmanager ist derzeit nicht in der Lage, den genauen Anteil der Anlagen des Teilfonds anzugeben, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftstätigkeiten berücksichtigen. Die Position wird jedoch weiterhin überprüft, wenn die zugrunde liegenden Regeln festgelegt sind und im Laufe der Zeit mehr zuverlässige Daten zur Verfügung stehen.
¹ Tätigkeiten im Bereich fossiles Gas und/oder Kernenergie sind nur dann EU-taxonomiekonform, wenn sie zur Eindämmung des Klimawandels („Klimaschutz“) beitragen und kein Ziel der EU-Taxonomie erheblich beeinträchtigen – siehe Erläuterung am linken Rand. Die vollständigen Kriterien für EU-taxonomiekonforme Wirtschaftstätigkeiten im Bereich fossiles Gas und Kernenergie sind in der Delegierten Verordnung (EU) 2022/1214 der Kommission festgelegt.
Wie hoch ist der Mindestanteil der sozial nachhaltigen Investitionen?
Der Teilfonds investiert mindestens 5% in nachhaltige Anlagen mit einem Sozialziel.
Welche Investitionen fallen unter ,,#2 Andere Investitionen", welcher Anlagezweck wird mit ihnen verfolgt und gibt es einen ökologischen oder sozialen Mindestschutz?
Die verbleibenden Anlagen des Teilfonds erfolgen in Instrumenten, die zum Finanzziel des Teilfonds passen, und für Liquiditätszwecke in liquiden Mitteln und liquiden Mitteln gleichstehenden Mitteln sowie in Derivaten, die als Anlagen und für eine effiziente Portfolioverwaltung eingesetzt werden können.
Zur Gewährleistung eines Mindestmaßes an Umwelt- und Sozialabsicherungen wendet der Teilfonds die Ausschlusskriterien an.

###### Wurde ein Index als Referenzwert bestimmt, um festzustellen, ob dieses Finanzprodukt auf die beworbenen ökologischen und/oder sozialen Merkmale ausgerichtet ist?
Es wird kein bestimmter Index als Referenzbenchmark angegeben, um festzustellen, ob dieses Finanzprodukt zu den geförderten Umwelt- oder Sozialeigenschaften passt.
Bei den Referenzwerten handelt es sich um Indizes, mit denen gemessen wird, ob das Finanzprodukt die beworbenen ökologischen oder sozialen Merkmale erreicht.
Inwiefern ist der Referenzwert kontinuierlich auf die mit dem Finanzprodukt beworbenen ökologischen und sozialen Merkmale ausgerichtet?
Diese Frage ist hier nicht relevant.
Wie wird die kontinuierliche Ausrichtung der Anlagestrategie auf die Indexmethode sichergestellt?
Diese Frage ist hier nicht relevant.
Wie unterscheidet sich der bestimmte Index von einem relevanten breiten Marktindex?
Diese Frage ist hier nicht relevant.
Wo kann die Methode zur Berechnung des bestimmten Indexes eingesehen werden?
Diese Frage ist hier nicht relevant.

###### 	Wo kann ich im Internet weitere produktspezifische Informationen finden?
Weitere produktspezifische Informationen finden Sie auf der Website: https:/www.fidelity.lu/funds/factsheet/LU1084165130/tab-disclosure#SFDR-disclosure. 
Weitere Informationen zu den hier dargelegten Methoden finden Sie auf der Website: System fürnachhaltiges Investieren (fidelityinternational.com).
Vorvertragliche Informationen zu den in Artikel 8 Absätze 1, 2 und 2a der Verordnung (EU) 2019/2088 und Artikel 6 Absatz 1 der Verordnung (EU) 2020/852 genannten Finanzprodukten
Name des Produkts:	Unternehmenskennung (LEI- Code):
Fidelity Funds - Global Financial Services Fund	549300HO6N0F2KYZFZ92

###### Ökologische und/oder soziale Merkmale
| Werden mit diesem Finanzprodukt nachhaltige Investitionen angestrebt? |
| --- |
|  | - Ja
 |  | Nein |
| - Es wird damit ein MindestanteiI an nachhaltigen Investitionen mit einem Umweltziel getätigt:%
	- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie als ökologisch nachhaltig einzustufen sind
	- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie nicht als ökologisch nachhaltig einzustufen sind

- Es wird damit ein Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel getätigt:%
 | Es werden damit ökologische/soziale Merkmale beworben und obwohl keine nachhaltigen Investitionen angestrebt werden, enthält es einen Mindestanteil von 5% an nachhaltigen Investitionen. - mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie als ökologisch nachhaltig einzustufen sind
- mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie nicht als ökologisch nachhaltig einzustufen sindmit einem sozialen Ziel
- Es	werden		damit	ökologische/soziale Merkmale	beworben,		aber	keinenachhaltigen Investitionen getätigt.
 |

Welche ökologischen und/ oder sozialen Merkmale werden mit diesem Finanzprodukt beworben?
Mit Nachhaltigkeitsin- dikatoren wird gemessen, inwieweit die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht werden.
Der Teilfonds fördert Umwelt- und Sozialeigenschaften, indem er in Wertpapiere von Emittenten mit guten ESG-Eigenschaften investiert. Gute ESG-Eigenschaften werden anhand von ESG-Ratings ermittelt. ESG-Ratings berücksichtigen Umwelteigenschaften wie CO2-Intensität, CO2-Emissionen, Energieeffizienz, Wasser- und Abfallmanagement und Biodiversität sowie Sozialeigenschaften wie Produktsicherheit, Lieferkette, Gesundheit und Sicherheit sowie Menschenrechte.
Der Teilfonds ist in gewissem Maße bestrebt, nachhaltige Anlagen zu tätigen.
Es wird keine Referenzbenchmark festgelegt, um die geförderten Umwelt- und Sozialeigenschaften zu erreichen.
Welche Nachhaltigkeitsindikatoren werden zur Messung der Erreichung der einzelnen ökologischen oder sozialen Merkmale, die durch dieses Finanzprodukt beworben werden, herangezogen?
Der Teilfonds verwendet die folgenden Nachhaltigkeitsindikatoren, um die Ausprägung der von ihm geförderten Umwelt- oder Sozialeigenschaften zu messen:
- der  Prozentsatz des Teilfonds, der in Wertpapieren von Emittenten mit guten ESG-Eigenschaften im Einklang mit dem System für nachhaltiges Investieren von Fidelity investiert ist;
- in Bezug auf seine Direktanlagen in Unternehmen als Emittenten der Prozentsatz des Teilfonds, der in Wertpapiere von Emittenten investiert ist, auf die Ausschlusskriterien (wie unten definiert) zutreffen;
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen investiert ist; und
- Prozentsatz nachhaltiger Investitionen mit Sozialziel.

Welches sind die Ziele der nachhaltigen Investitionen, die mit dem
Finanzprodukt teilweise getätigt werden sollen, und wie trägt die nachhaltige Investition zu diesen Zielen bei?
Der Teilfonds ermittelt wie folgt, ob eine Anlage nachhaltig ist:
- Emittenten, die wirtschaftliche Tätigkeiten ausüben, die zu einem oder mehreren der in der EU-Taxonomie festgelegten Umweltziele beitragen und gemäß der EU-Taxonomie als ökologisch nachhaltig gelten; oder
- Emittenten, bei denen der Großteil ihrer Geschäftstätigkeit (mehr als 50% des Umsatzes) zu ökologischen oder sozialen Zielen beiträgt, die mit einem oder mehreren der Ziele der Vereinten Nationen für nachhaltige Entwicklung („SDG“) in Einklang stehen; oder
- Emittenten, die ein Dekarbonisierungsziel festgelegt haben, das mit einem Temperaturanstiegsszenario mit 1,5 Grad oder weniger vereinbar ist (überprüft durch die Science Based Target Initiative oder ein Fidelity Proprietary Climate Rating), das als Beitrag zu Umweltzielen angesehen wird;sofern sie keinen wesentlichen Schaden anrichten, Mindestabsicherungen bieten und gute Governance-Kriterien aufweisen.

Inwiefern werden die nachhaltigen Investitionen, die mit dem Finanzprodukt teilweise getätigt werden sollen, keinem der ökologischen oder sozialen nachhaltigen Anlageziele erheblich schaden?
Nachhaltige Anlagen werden auf ihre Beteiligung an Aktivitäten überprüft, die erheblichen Schaden und Kontroversen verursachen, und durch eine Kontrolle bewertet, ob der Emittent Mindestabsicherungen und -standards hinsichtlich der wichtigsten nachteiligen Auswirkungen (PAI) sowie die Leistung bei den PAI-Kennzahlen umsetzt bzw. erfüllt. Dazu gehören:
- Normenbasierte Filterkriterien – das Filtern von Wertpapieren, die gemäß den bestehenden (unten beschriebenen) normenbasierten Filterkriterien von Fidelity ermittelt wurden, anhand von:
- aktivitätsbasierten Filterkriterien – das Filtern von Emittenten auf der Grundlage ihrer Beteiligung an Aktivitäten mit erheblichen negativen Auswirkungen auf die Gesellschaft oder die Umwelt, darunter Emittenten, bei denen aufgrund der Filterkriterien für Kontroversen eine„sehr gravierende“ Kontroverse vorliegt, die im Bereich
- Umwelt,
- Menschenrechte und Gemeinschaften,
- Arbeitnehmerrechte und Lieferkette,
- Kunden,
- Governance angesiedelt ist; und anhand von
	- PAI-Indikatoren. Quantitative Daten (sofern verfügbar) zu PAI-Indikatoren werden verwendet, um zu bewerten, ob ein Emittent an Aktivitäten beteiligt ist, die einem Umwelt- oder Sozialziel erheblichen Schaden zufügen.


Bei den wichtigsten nachteiligen Auswirkungen handelt es sich um die bedeutendsten nachteiligen Auswirkungen von Investitionsentscheidun- gen auf NachhaItigkeitsfaktoren in den Bereichen Umwelt, Soziales und Beschäftigung, Achtung der Menschenrechte und Bekämpfung von Korruption und Bestechung.
Wie wurden die Indikatoren für nachteilige Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Für nachhaltige Anlagen, wie oben beschrieben, führt Fidelity eine quantitative Bewertung durch, um Emittenten mit einer problematischen Leistung bei PAI-Indikatoren zu ermitteln. Emittenten mit einer niedrigen Punktzahl kommen nur dann für „nachhaltige Anlagen“ infrage, wenn die Fundamentalresearch von Fidelity feststellt, dass der Emittent nicht gegen die Anforderungen verstößt, „keinen wesentlichen Schaden anrichtet“ oder sich auf einem guten Weg befindet, um die nachteiligen Auswirkungen durch effektives Management oder einen Übergang abzumildern.
Wie stehen die nachhaltigen Investitionen mit den OECD-Leitsätzen für multinationale Unternehmen und den Leitprinzipien der Vereinten Nationen für Wirtschaft und
Menschenrechte in Einklang? Nähere Angaben:
Es werden normenbasierte Filterkriterien angewendet: Emittenten, bei denen festgestellt wurde, dass sie sich nicht in einer Weise verhalten, die ihrer grundlegenden Verantwortung in den Bereichen Menschenrechte, Arbeit, Umwelt und Korruptionsbekämpfung im Einklang mit internationalen Normen gerecht wird, darunter denjenigen, die in den OECD-Leitsätzen für multinationale Unternehmen, den Leitprinzipien der Vereinten Nationen für Wirtschaft und Menschenrechte, dem UN Global Compact (UNGC) und den IAO-Standards der Internationalen Arbeitsorganisation (ILO) festgelegt sind, kommen für nachhaltige Investitionen nicht infrage.
In der EU-Taxonomie ist der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" festgelegt, nach dem taxonomiekonforme Investitionen die Ziele der EU-Taxonomie nicht erheblich beeinträchtigen dürfen, und es sind spezifische EU-Kriterien beigefügt. Der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" findet nur bei denjenigen dem Finanzprodukt zugrunde liegenden Investitionen Anwendung, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten berücksichtigen. Die dem verbleibenden Teil dieses  Finanzprodukts zugrunde  liegenden Investitionen berücksichtigen nicht die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten. Alle anderen nachhaltigen Investitionen dürfen ökologische oder soziale Ziele ebenfalls nicht erheblich beeinträchtigen.

###### Werden bei diesem Finanzprodukt die wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Ja
- NeinDie wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren werden mit Hilfe einer Vielzahl von Instrumenten berücksichtigt und in Anlageentscheidungen einbezogen. Hierzu zählen:
- Due Diligence – Analyse, ob die wichtigsten nachteiligen Auswirkungen (PAI) wesentlich und negativ sind.
- ESG-Rating – Fidelity bezieht sich auf ESG-Ratings, die wesentliche nachteilige Auswirkungen wie CO2-Emissionen, Mitarbeitersicherheit, Bestechung und Korruption sowie Wassermanagement berücksichtigen, und bei den von Staaten ausgegebenen Wertpapieren berücksichtigen die verwendeten Ratings wichtige nachteilige Auswirkungen (PAI) wie CO2-Emissionen, Sozialverstöße und die Meinungsfreiheit.
- Ausschlusskriterien – Bei Direktanlagen in Unternehmen als Emittenten wendet der Teilfonds die (unten definierten) Ausschlusskriterien an, um die wichtigsten nachteiligen Auswirkungen abzumildern. Dazu schließt er schädliche Sektoren aus und verbietet Investitionen in Emittenten, die gegen internationale Standards wie den UNGC verstoßen.
- Mitwirkung – Fidelity nutzt Mitwirkung als ein Instrument, um die wichtigsten nachteiligen Auswirkungen besser zu verstehen und sich unter bestimmten Umständen für die Abmilderung der wichtigsten nachteiligen Auswirkungen einzusetzen. Fidelity beteiligt sich an relevanten individuellen und kollaborativen Arten der Mitwirkung, die auf eine Reihe von wichtigen negativenAuswirkungen abzielen (z. B. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Abstimmungsverhalten – Die Abstimmungspolitik von Fidelity umfasst bei Unternehmen als Emittenten explizite Mindeststandards für die Geschlechtervielfalt im Aufsichtsrat und die Auseinandersetzung mit dem Klimawandel. Fidelity kann auch auf eine Weise abstimmen, dass die wichtigsten nachteiligen Auswirkungen abgemildert werden.
- Vierteljährliche Überprüfungen – Überwachung der wichtigsten nachteiligen Auswirkungen (PAI) durch den vierteljährlichen Überprüfungsprozess des Teilfonds.

Wenn es um die Frage geht, ob Investitionen eine wesentliche nachteilige Auswirkung haben, berücksichtigt Fidelity für jeden Nachhaltigkeitsfaktor spezifische Indikatoren. Diese Indikatoren hängen von der Datenverfügbarkeit ab und können sich mit zunehmender Datenqualität und
-verfügbarkeit weiterentwickeln.
Informationen über die wichtigsten nachteiligen Auswirkungen werden im Jahresbericht des Teilfonds zur Verfügung gestellt.
Die Anlagestrategie dient aIs Richtschnur für Investitionsentscheidun- gen, wobei bestimmte Kriterien wie beispielsweise Investitionsziele oder Risikotoleranz
berücksichtigt werden.

######  Welche Anlagestrategie wird mit diesem Finanzprodukt verfolgt?
Mindestens 50% des Nettovermögens des Teilfonds werden in Wertpapiere investiert, die gute ESG-Eigenschaften aufweisen.
Ob ESG-Eigenschaften gut sind, wird anhand von ESG-Ratings externer Agenturen und von Fidelity ESG-Ratings ermittelt.
Innerhalb dieses Anlageuniversums wählt der Investmentmanager Aktien mit Hilfe rigoroser Bottom-up-Finanzanalysen und -bewertungen aus, um Aktien mit einem Potenzial für hohe Anlagerenditen auszuwählen.
In Bezug auf seine Direktanlagen in Unternehmensemittenten berücksichtigt der Teilfonds:
- eine unternehmensweite Ausschlussliste, die Streumunition und Antipersonenlandminen umfasst; und
- eine normenbasierte Filterung von Emittenten, die nach Ansicht des Investmentmanagers ihre Geschäfte nicht in Übereinstimmung mit internationalen Normen, darunter den im UNGC festgelegten, durchgeführt haben.

Die oben genannten Ausschluss- und Filterkriterien (die „Ausschlusskriterien“) werden möglicherweise von Zeit zu Zeit aktualisiert. Weitere Informationen erhalten Sie auf der Website Sustainable investing framework (fidelityinternational.com).
Es steht zudem im Ermessen des Investmentmanagers, von Zeit zu Zeit erweiterte, strengere Nachhaltigkeitsanforderungen und Ausschlusskriterien anzuwenden.
Worin bestehen die verbindlichen Elemente der Anlagestrategie, die für die Auswahl der Investitionen zur Erfüllung der beworbenen ökologischen oder sozialen Ziele verwendet werden?
Der Teilfonds investiert:
- mindestens 50% seines Vermögens in Emittenten mit guten ESG-Eigenschaften,
- mindestens 5% in nachhaltige Anlagen, von denen mindestens 5% ein Sozialziel verfolgen.

Darüber hinaus wird der Teilfonds die oben beschriebenen Ausschlusskriterien systematisch anwenden.
Um welchen Mindestsatz wird der Umfang der vor der Anwendung dieser Anlagestrategie in Betracht gezogenen Investitionen reduziert?
Diese Frage ist hier nicht relevant.
Die Verfahrensweisen einer guten
Unternehmensführung umfassen solide Managementstrukturen, die Beziehungen zu den Arbeitnehmern, die Vergütung von Mitarbeitern sowie die Einhaltung der Steuervorschriften.
Wie werden die Verfahrensweisen einer guten Unternehmensführung der Unternehmen, in die investiert wird, bewertet?
Die Governance-Praktiken der Emittenten werden anhand von Fundamentalresearch bewertet, die Fidelity ESG-Ratings sowie Daten zu Kontroversen und Verstößen gegen den UN Global Compact berücksichtigt.
Zu den wichtigsten Punkten, die analysiert werden, gehören unter anderem die Erfolgsbilanz der Kapitalallokation, die finanzielle Transparenz, Transaktionen mit nahestehenden Parteien, die Unabhängigkeit und Größe des Vorstands, die Vergütung der Führungskräfte, die Abschlussprüfer und die interne Aufsicht sowie die Rechte der Minderheitsanteilinhaber.

###### Welche Vermögensallokation ist für dieses Finanzprodukt geplant?
Die Vermögensallokation gibt den jeweiligen Anteil der Investitionen in bestimmte Vermögenswerte an.
Taxonomiekonforme Tätigkeiten, ausgedrückt durch den Anteil der:
- Umsatzerlöse, die den Anteil der Einnahmen aus umweltfreundlichenAktivitäten der Unternehmen, in die investiert wird, widerspiegeln
- Investitionsausgaben (CapEx), die die umweltfreundlichen Investitionen der Unternehmen, in die investiert wird, aufzeigen,z.B. für den Übergang zu einer grünen Wirtschaft- Betriebsausgaben (OpEx), die die umweltfreundlichenbetrieblichen Aktivitäten der Unternehmen, in die investiert wird, widerspiegeln(#1 Ausgerichtet an E/S-Eigenschaften) Der Teilfonds investiert nach Möglichkeit:
- mindestens 50% seines	Vermögens	in	Wertpapiere	von	Emittenten	mit	guten ESG-Eigenschaften,
- mindestens 5% seines Vermögens in nachhaltige (#1A nachhaltig) Anlagen, von denen mindestens 5% ein Sozialziel verfolgen.

(#1B Sonstige E/S-Eigenschaften) Umfasst Wertpapiere von Emittenten mit guten ESG-Eigenschaften, die aber keine nachhaltigen Anlagen sind.
Inwiefern werden durch den Einsatz von Derivaten die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht?
Wenn das einem Derivat zugrunde liegende Wertpapier im Einklang mit dem System für nachhaltiges Investieren von Fidelity gute ESG-Eigenschaften aufweist, darf das Derivat zur Feststellung des Teilfondsanteils berücksichtigt werden, der Umwelt- oder Sozialeigenschaften fördert.
In welchem Mindestmaß sind nachhaltige Investitionen mit einem Umweltziel mit der EU-Taxonomie konform?
Der Teilfonds investiert mindestens 0% in nachhaltige Anlagen mit einem Umweltziel, die mit der EU-Taxonomie konform sind.
Die Konformität der Anlagen des Teilfonds mit der EU-Taxonomie wird nicht durch Wirtschaftsprüfer oder mittels einer Überprüfung durch Dritte sichergestellt.
Die Ausrichtung der zugrunde liegenden Anlagen des Teilfonds an der EU-Taxonomie wird anhand des Umsatzes gemessen.
Investiert das Finanzprodukt in Aktivitäten im Zusammenhang mit fossilem Gas und/oder Kernenergie, die der EU-Taxonomie¹ entsprechen?
- JaNein
- In fossiles Gas	In KernenergieWie hoch ist der Mindestanteil der Investitionen in Übergangstätigkeiten und ermöglichende Tätigkeiten?

Der Teilfonds investiert mindestens 0% in Übergangstätigkeiten und ermöglichende Tätigkeiten.
Wie hoch ist der Mindestanteil nachhaltiger Investitionen mit einem Umweltziel, die nicht mit der EU-Taxonomie konform sind?
Der Fonds beabsichtigt nicht, nachhaltige Investitionen mit einem Umweltziel zu tätigen, das nicht an der EU-Taxonomie ausgerichtet ist.
Wie hoch ist der Mindestanteil der sozial nachhaltigen Investitionen?
Der Teilfonds investiert mindestens 5% in nachhaltige Anlagen mit einem Sozialziel.
¹ Tätigkeiten im Bereich fossiles Gas und/oder Kernenergie sind nur dann EU-taxonomiekonform, wenn sie zur Eindämmung des Klimawandels („Klimaschutz“) beitragen und kein Ziel der EU-Taxonomie erheblich beeinträchtigen – siehe Erläuterung am linken Rand. Die vollständigen Kriterien für EU-taxonomiekonforme Wirtschaftstätigkeiten im Bereich fossiles Gas und Kernenergie sind in der Delegierten Verordnung (EU) 2022/1214 der Kommission festgelegt.
wird mit ihnen verfolgt und gibt es einen ökologischen oder sozialen Mindestschutz?
Die verbleibenden Anlagen des Teilfonds erfolgen in Instrumenten, die zum Finanzziel des Teilfonds passen, und für Liquiditätszwecke in liquiden Mitteln und liquiden Mitteln gleichstehenden Mitteln sowie in Derivaten, die als Anlagen und für eine effiziente Portfolioverwaltung eingesetzt werden können.
Zur Gewährleistung eines Mindestmaßes an Umwelt- und Sozialabsicherungen wendet der Teilfonds die Ausschlusskriterien an.

###### Wurde ein Index als Referenzwert bestimmt, um festzustellen, ob dieses Finanzprodukt auf die beworbenen ökologischen und/oder sozialen Merkmale ausgerichtet ist?
Es wird kein bestimmter Index als Referenzbenchmark angegeben, um festzustellen, ob dieses Finanzprodukt zu den geförderten Umwelt- oder Sozialeigenschaften passt.
Bei den Referenzwerten handelt es sich um Indizes, mit denen gemessen wird, ob das Finanzprodukt die beworbenen ökologischen oder sozialen Merkmale erreicht.
Inwiefern ist der Referenzwert kontinuierlich auf die mit dem Finanzprodukt beworbenen ökologischen und sozialen Merkmale ausgerichtet?
Diese Frage ist hier nicht relevant.
Wie wird die kontinuierliche Ausrichtung der Anlagestrategie auf die Indexmethode sichergestellt?
Diese Frage ist hier nicht relevant.
Wie unterscheidet sich der bestimmte Index von einem relevanten breiten Marktindex?
Diese Frage ist hier nicht relevant.
Wo kann die Methode zur Berechnung des bestimmten Indexes eingesehen werden?
Diese Frage ist hier nicht relevant.

###### 	Wo kann ich im Internet weitere produktspezifische Informationen finden?
Weitere produktspezifische Informationen finden Sie auf der Website: https:/www.fidelity.lu/funds/factsheet/LU1391767586/tab-disclosure#SFDR-disclosure. 
Weitere Informationen zu den hier dargelegten Methoden finden Sie auf der Website: System fürnachhaltiges Investieren (fidelityinternational.com).
2019/2088 und Artikel 6 Absatz 1 der Verordnung (EU) 2020/852 genannten Finanzprodukten
Name des Produkts:	Unternehmenskennung (LEI- Code):
Fidelity Funds - Global Focus Fund	549300F4JJCOV7BCT788

###### Ökologische und/oder soziale Merkmale
| Werden mit diesem Finanzprodukt nachhaltige Investitionen angestrebt? |
| --- |
|  | - Ja
 |  | Nein |
| - Es wird damit ein MindestanteiI an nachhaltigen Investitionen mit einem Umweltziel getätigt:%
	- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie als ökologisch nachhaltig einzustufen sind
	- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie nicht als ökologisch nachhaltig einzustufen sind

- Es wird damit ein Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel getätigt:%
 | Es werden damit ökologische/soziale Merkmale beworben und obwohl keine nachhaltigen Investitionen angestrebt werden, enthält es einen Mindestanteil von 10% an nachhaltigen Investitionen. - mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie als ökologisch nachhaltig einzustufen sindmit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie nicht als ökologisch nachhaltig einzustufen sindmit einem sozialen Ziel
- Es	werden		damit	ökologische/soziale Merkmale	beworben,		aber	keinenachhaltigen Investitionen getätigt.
 |

Welche ökologischen und/ oder sozialen Merkmale werden mit diesem Finanzprodukt beworben?
Mit Nachhaltigkeitsin- dikatoren wird gemessen, inwieweit die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht werden.
Der Teilfonds fördert Umwelt- und Sozialeigenschaften, indem er in Wertpapiere von Emittenten mit guten ESG-Eigenschaften investiert. Gute ESG-Eigenschaften werden anhand von ESG-Ratings ermittelt. ESG-Ratings berücksichtigen Umwelteigenschaften wie CO2-Intensität, CO2-Emissionen, Energieeffizienz, Wasser- und Abfallmanagement und Biodiversität sowie Sozialeigenschaften wie Produktsicherheit, Lieferkette, Gesundheit und Sicherheit sowie Menschenrechte.
Der Teilfonds ist in gewissem Maße bestrebt, nachhaltige Anlagen zu tätigen.
Es wird keine Referenzbenchmark festgelegt, um die geförderten Umwelt- und Sozialeigenschaften zu erreichen.
einzelnen ökologischen oder sozialen Merkmale, die durch dieses Finanzprodukt beworben werden, herangezogen?
Der Teilfonds verwendet die folgenden Nachhaltigkeitsindikatoren, um die Ausprägung der von ihm geförderten Umwelt- oder Sozialeigenschaften zu messen:
- der  Prozentsatz des Teilfonds, der in Wertpapieren von Emittenten mit guten ESG-Eigenschaften im Einklang mit dem System für nachhaltiges Investieren von Fidelity investiert ist;
- in Bezug auf seine Direktanlagen in Unternehmen als Emittenten der Prozentsatz des Teilfonds, der in Wertpapiere von Emittenten investiert ist, auf die Ausschlusskriterien (wie unten definiert) zutreffen;
- der Prozentsatz des Teilfonds, der in nachhaltige Anlagen investiert ist; und
- der Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Umweltziel bei Wirtschaftsaktivitäten investiert ist, die gemäß der EU-Taxonomie nicht als ökologisch nachhaltig gelten; und
- der Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel investiert ist.

Welches sind die Ziele der nachhaltigen Investitionen, die mit dem
Finanzprodukt teilweise getätigt werden sollen, und wie trägt die nachhaltige Investition zu diesen Zielen bei?
Der Teilfonds ermittelt wie folgt, ob eine Anlage nachhaltig ist:
- Emittenten, die wirtschaftliche Tätigkeiten ausüben, die zu einem oder mehreren der in der EU-Taxonomie festgelegten Umweltziele beitragen und gemäß der EU-Taxonomie als ökologisch nachhaltig gelten; oder
- Emittenten, bei denen der Großteil ihrer Geschäftstätigkeit (mehr als 50% des Umsatzes) zu ökologischen oder sozialen Zielen beiträgt, die mit einem oder mehreren der Ziele der Vereinten Nationen für nachhaltige Entwicklung („SDG“) in Einklang stehen; oder
- Emittenten, die ein Dekarbonisierungsziel festgelegt haben, das mit einem Temperaturanstiegsszenario mit 1,5 Grad oder weniger vereinbar ist (überprüft durch die Science Based Target Initiative oder ein Fidelity Proprietary Climate Rating), das als Beitrag zu Umweltzielen angesehen wird;sofern sie keinen wesentlichen Schaden anrichten, Mindestabsicherungen bieten und gute Governance-Kriterien aufweisen.

teilweise getätigt werden sollen, keinem der ökologischen oder sozialen nachhaltigen Anlageziele erheblich schaden?
Nachhaltige Anlagen werden auf ihre Beteiligung an Aktivitäten überprüft, die erheblichen Schaden und Kontroversen verursachen, und durch eine Kontrolle bewertet, ob der Emittent Mindestabsicherungen und -standards hinsichtlich der wichtigsten nachteiligen Auswirkungen (PAI) sowie die Leistung bei den PAI-Kennzahlen umsetzt bzw. erfüllt. Dazu gehören:
- Normenbasierte Filterkriterien – das Filtern von Wertpapieren, die gemäß den bestehenden (unten beschriebenen) normenbasierten Filterkriterien von Fidelity ermittelt wurden, anhand von:
- aktivitätsbasierten Filterkriterien – das Filtern von Emittenten auf der Grundlage ihrer Beteiligung an Aktivitäten mit erheblichen negativen Auswirkungen auf die Gesellschaft oder die Umwelt, darunter Emittenten, bei denen aufgrund der Filterkriterien für Kontroversen eine„sehr gravierende“ Kontroverse vorliegt, die im Bereich
- Umwelt,
- Menschenrechte und Gemeinschaften,
- Arbeitnehmerrechte und Lieferkette,
- Kunden,
- Governance angesiedelt ist; und anhand von
	- PAI-Indikatoren. Quantitative Daten (sofern verfügbar) zu PAI-Indikatoren werden verwendet, um zu bewerten, ob ein Emittent an Aktivitäten beteiligt ist, die einem Umwelt- oder Sozialziel erheblichen Schaden zufügen.


Bei den wichtigsten nachteiligen Auswirkungen handelt es sich um die bedeutendsten nachteiligen Auswirkungen von Investitionsentscheidun- gen auf NachhaItigkeitsfaktoren in den Bereichen Umwelt, Soziales und Beschäftigung, Achtung der Menschenrechte und Bekämpfung von Korruption und Bestechung.
Wie wurden die Indikatoren für nachteilige Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Für nachhaltige Anlagen, wie oben beschrieben, führt Fidelity eine quantitative Bewertung durch, um Emittenten mit einer problematischen Leistung bei PAI-Indikatoren zu ermitteln. Emittenten mit einer niedrigen Punktzahl kommen nur dann für „nachhaltige Anlagen“ infrage, wenn die Fundamentalresearch von Fidelity feststellt, dass der Emittent nicht gegen die Anforderungen verstößt, „keinen wesentlichen Schaden anrichtet“ oder sich auf einem guten Weg befindet, um die nachteiligen Auswirkungen durch effektives Management oder einen Übergang abzumildern.
Wie stehen die nachhaltigen Investitionen mit den OECD-Leitsätzen für multinationale Unternehmen und den Leitprinzipien der Vereinten Nationen für Wirtschaft und
Menschenrechte in Einklang? Nähere Angaben:
Es werden normenbasierte Filterkriterien angewendet: Emittenten, bei denen festgestellt wurde, dass sie sich nicht in einer Weise verhalten, die ihrer grundlegenden Verantwortung in den Bereichen Menschenrechte, Arbeit, Umwelt und Korruptionsbekämpfung im Einklang mit internationalen Normen gerecht wird, darunter denjenigen, die in den OECD-Leitsätzen für multinationale Unternehmen, den Leitprinzipien der Vereinten Nationen für Wirtschaft und Menschenrechte, dem UN Global Compact (UNGC) und den IAO-Standards der Internationalen Arbeitsorganisation (ILO) festgelegt sind, kommen für nachhaltige Investitionen nicht infrage.
In der EU-Taxonomie ist der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" festgelegt, nach dem taxonomiekonforme Investitionen die Ziele der EU-Taxonomie nicht erheblich beeinträchtigen dürfen, und es sind spezifische EU-Kriterien beigefügt. Der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" findet nur bei denjenigen dem Finanzprodukt zugrunde liegenden Investitionen Anwendung, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten berücksichtigen. Die dem verbleibenden Teil dieses  Finanzprodukts zugrunde  liegenden Investitionen berücksichtigen nicht die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten. Alle anderen nachhaltigen Investitionen dürfen ökologische oder soziale Ziele ebenfalls nicht erheblich beeinträchtigen.

###### Werden bei diesem Finanzprodukt die wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Ja
- NeinDie wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren werden mit Hilfe einer Vielzahl von Instrumenten berücksichtigt und in Anlageentscheidungen einbezogen. Hierzu zählen:
- Due Diligence – Analyse, ob die wichtigsten nachteiligen Auswirkungen (PAI) wesentlich und negativ sind.
- ESG-Rating – Fidelity bezieht sich auf ESG-Ratings, die wesentliche nachteilige Auswirkungen wie CO2-Emissionen, Mitarbeitersicherheit, Bestechung und Korruption sowie Wassermanagement berücksichtigen, und bei den von Staaten ausgegebenen Wertpapieren berücksichtigen die verwendeten Ratings wichtige nachteilige Auswirkungen (PAI) wie CO2-Emissionen, Sozialverstöße und die Meinungsfreiheit.
- Ausschlusskriterien – Bei Direktanlagen in Unternehmen als Emittenten wendet der Teilfonds die (unten definierten) Ausschlusskriterien an, um die wichtigsten nachteiligen Auswirkungen abzumildern. Dazu schließt er schädliche Sektoren aus und verbietet Investitionen in Emittenten, die gegen internationale Standards wie den UNGC verstoßen.
- Mitwirkung – Fidelity nutzt Mitwirkung als ein Instrument, um die wichtigsten nachteiligen Auswirkungen besser zu verstehen und sich unter bestimmten Umständen für die Abmilderung der wichtigsten nachteiligen Auswirkungen einzusetzen. Fidelity beteiligt sich an relevanten individuellen und kollaborativen Arten der Mitwirkung, die auf eine Reihe von wichtigen negativen Auswirkungen abzielen (z. B. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Abstimmungsverhalten – Die Abstimmungspolitik von Fidelity umfasst bei Unternehmen als Emittenten explizite Mindeststandards für die Geschlechtervielfalt im Aufsichtsrat und die Auseinandersetzung mit dem Klimawandel. Fidelity kann auch auf eine Weise abstimmen, dass die wichtigsten nachteiligen Auswirkungen abgemildert werden.
- Vierteljährliche Überprüfungen – Überwachung der wichtigsten nachteiligen Auswirkungen (PAI) durch den vierteljährlichen Überprüfungsprozess des Teilfonds.

Wenn es um die Frage geht, ob Investitionen eine wesentliche nachteilige Auswirkung haben, berücksichtigt Fidelity für jeden Nachhaltigkeitsfaktor spezifische Indikatoren. Diese Indikatoren hängen von der Datenverfügbarkeit ab und können sich mit zunehmender Datenqualität und
-verfügbarkeit weiterentwickeln.
Informationen über die wichtigsten nachteiligen Auswirkungen werden im Jahresbericht des Teilfonds zur Verfügung gestellt.
Die Anlagestrategie dient aIs Richtschnur für Investitionsentscheidun- gen, wobei bestimmte Kriterien wie beispielsweise Investitionsziele oder Risikotoleranz
berücksichtigt werden.
Mindestens 50% des Nettovermögens des Teilfonds werden in Wertpapiere investiert, die gute ESG-Eigenschaften aufweisen.
Ob ESG-Eigenschaften gut sind, wird anhand von ESG-Ratings externer Agenturen und von Fidelity ESG-Ratings ermittelt.
Innerhalb dieses Anlageuniversums wählt der Investmentmanager Aktien mit Hilfe rigoroser Bottom-up-Finanzanalysen und -bewertungen aus, um Aktien mit einem Potenzial für hohe Anlagerenditen auszuwählen.
In Bezug auf seine Direktanlagen in Unternehmensemittenten berücksichtigt der Teilfonds:
- eine unternehmensweite Ausschlussliste, die Streumunition und Antipersonenlandminen umfasst; und
- eine normenbasierte Filterung von Emittenten, die nach Ansicht des Investmentmanagers ihre Geschäfte nicht in Übereinstimmung mit internationalen Normen, darunter den im UNGC festgelegten, durchgeführt haben.

Die oben genannten Ausschluss- und Filterkriterien (die „Ausschlusskriterien“) werden möglicherweise von Zeit zu Zeit aktualisiert. Weitere Informationen erhalten Sie auf der Website Sustainable investing framework (fidelityinternational.com).
Es steht zudem im Ermessen des Investmentmanagers, von Zeit zu Zeit erweiterte, strengere Nachhaltigkeitsanforderungen und Ausschlusskriterien anzuwenden.
Worin bestehen die verbindlichen Elemente der Anlagestrategie, die für die Auswahl der Investitionen zur Erfüllung der beworbenen ökologischen oder sozialen Ziele verwendet werden?
Der Teilfonds investiert:
- mindestens  50%  seines  Vermögens in Wertpapiere von Emittenten mit guten ESG-Eigenschaften,
- mindestens 10% in nachhaltige Anlagen, von denen mindestens 0% ein Umweltziel aufweisen, das sich an der EU-Taxonomie orientiert, mindestens 1% ein Umweltziel, das sich nicht an der EU-Taxonomie orientiert, und mindestens 1% ein Sozialziel verfolgen.

Darüber hinaus wird der Teilfonds die oben beschriebenen Ausschlusskriterien systematisch anwenden.
Um welchen Mindestsatz wird der Umfang der vor der Anwendung dieser Anlagestrategie in Betracht gezogenen Investitionen reduziert?
Diese Frage ist hier nicht relevant.
Die Verfahrensweisen einer guten
Unternehmensführung umfassen solide Managementstrukturen, die Beziehungen zu den Arbeitnehmern, die Vergütung von Mitarbeitern sowie die Einhaltung der Steuervorschriften.
Wie werden die Verfahrensweisen einer guten Unternehmensführung der Unternehmen, in die investiert wird, bewertet?
Die Governance-Praktiken der Emittenten werden anhand von Fundamentalresearch bewertet, die Fidelity ESG-Ratings sowie Daten zu Kontroversen und Verstößen gegen den UN Global Compact berücksichtigt.
Zu den wichtigsten Punkten, die analysiert werden, gehören unter anderem die Erfolgsbilanz der Kapitalallokation, die finanzielle Transparenz, Transaktionen mit nahestehenden Parteien, die Unabhängigkeit und Größe des Vorstands, die Vergütung der Führungskräfte, die Abschlussprüfer und die interne Aufsicht sowie die Rechte der Minderheitsanteilinhaber.
Die Vermögensallokation gibt den jeweiligen Anteil der Investitionen in bestimmte Vermögenswerte an.
Taxonomiekonforme Tätigkeiten, ausgedrückt durch den Anteil der:
- Umsatzerlöse, die den Anteil der Einnahmen aus umweltfreundlichenAktivitäten der Unternehmen, in die investiert wird, widerspiegeln
- Investitionsausgaben (CapEx), die die umweltfreundlichen Investitionen der Unternehmen, in die investiert wird, aufzeigen,z.B. für den Übergang zu einer grünen Wirtschaft- Betriebsausgaben (OpEx), die die umweltfreundlichenbetrieblichen Aktivitäten der Unternehmen, in die investiert wird, widerspiegeln(#1 Ausgerichtet an E/S-Eigenschaften) Der Teilfonds investiert nach Möglichkeit:
- mindestens 50% seines	Vermögens	in	Wertpapiere	von	Emittenten	mit	guten ESG-Eigenschaften,
- mindestens 10% seines Vermögens in nachhaltige (#1A nachhaltig) Anlagen, von denen mindestens 0% ein Umweltziel verfolgen (das an der EU-Taxonomie ausgerichtet ist), mindestens 1% ein Umweltziel haben (das nicht an der EU-Taxonomie ausgerichtet ist) und mindestens 1% ein Sozialziel haben. Die übrigen nachhaltigen Anlagen des Teilfonds können ein Umwelt- oder Sozialziel verfolgen.

Sonstige Umweltziele 1%
(#1B Sonstige E/S-Eigenschaften) Umfasst Wertpapiere von Emittenten mit guten ESG-Eigenschaften, die aber keine nachhaltigen Anlagen sind.
#1A Nachhaltige
Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale
50%
Investitionen 10%
#1B Andere ökologische oder soziale Merkmale
Soziales 1%
#2 Andere Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst Investitionen des Finanzprodukts, die zur Erreichung der beworbenen ökologischen oder sozialen Merkmale getätigt wurden.
#2 Andere Investitionen umfasst die übrigen Investitionen des Finanzprodukts, die weder auf ökologische oder soziale Merkmale ausgerichtet sind noch als nachhaltige Investitionen eingestuft werden.
Die Kategorie #1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst folgende Unterkategorien:
Die Unterkategorie #1A Nachhaltige Investitionen umfasst nachhaltige Investitionen mit ökologischen oder sozialen Zielen.
Die Unterkategorie #1B Andere ökologische oder soziale Merkmale umfasst Investitionen, die auf ökologische oder soziale Merkmale ausgerichtet sind, aber nicht als nachhaltige Investitionen eingestuft werden.
Inwiefern werden durch den Einsatz von Derivaten die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht?
Wenn das einem Derivat zugrunde liegende Wertpapier im Einklang mit dem System für nachhaltiges Investieren von Fidelity gute ESG-Eigenschaften aufweist, darf das Derivat zur Feststellung des Teilfondsanteils berücksichtigt werden, der Umwelt- oder Sozialeigenschaften fördert.
In welchem Mindestmaß sind nachhaltige Investitionen mit einem Umweltziel mit der EU-Taxonomie konform?
Der Teilfonds investiert mindestens 0% in nachhaltige Anlagen mit einem Umweltziel, die mit der EU-Taxonomie konform sind.
Die Konformität der Anlagen des Teilfonds mit der EU-Taxonomie wird nicht durch Wirtschaftsprüfer oder mittels einer Überprüfung durch Dritte sichergestellt.
Die Ausrichtung der zugrunde liegenden Anlagen des Teilfonds an der EU-Taxonomie wird anhand des Umsatzes gemessen.
Investiert das Finanzprodukt in Aktivitäten im Zusammenhang mit fossilem Gas und/oder Kernenergie, die der EU-Taxonomie¹ entsprechen?
- JaNein
- In fossiles Gas	In KernenergieWie hoch ist der Mindestanteil der Investitionen in Übergangstätigkeiten und ermöglichende Tätigkeiten?

Der Teilfonds investiert mindestens 0% in Übergangstätigkeiten und ermöglichende Tätigkeiten.
Wie hoch ist der Mindestanteil nachhaltiger Investitionen mit einem Umweltziel, die nicht mit der EU-Taxonomie konform sind?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Umweltziel, das nicht mit der EU-Taxonomie konform ist.
Die Anlagen können zwar mit der EU-Taxonomie konform sein, aber der Investmentmanager ist derzeit nicht in der Lage, den genauen Anteil der Anlagen des Teilfonds anzugeben, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftstätigkeiten berücksichtigen. Die Position wird jedoch weiterhin überprüft, wenn die zugrunde liegenden Regeln festgelegt sind und im Laufe der Zeit mehr zuverlässige Daten zur Verfügung stehen.
¹ Tätigkeiten im Bereich fossiles Gas und/oder Kernenergie sind nur dann EU-taxonomiekonform, wenn sie zur Eindämmung des Klimawandels („Klimaschutz“) beitragen und kein Ziel der EU-Taxonomie erheblich beeinträchtigen – siehe Erläuterung am linken Rand. Die vollständigen Kriterien für EU-taxonomiekonforme Wirtschaftstätigkeiten im Bereich fossiles Gas und Kernenergie sind in der Delegierten Verordnung (EU) 2022/1214 der Kommission festgelegt.
Wie hoch ist der Mindestanteil der sozial nachhaltigen Investitionen?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Sozialziel.
Welche Investitionen fallen unter ,,#2 Andere Investitionen", welcher Anlagezweck wird mit ihnen verfolgt und gibt es einen ökologischen oder sozialen Mindestschutz?
Die verbleibenden Anlagen des Teilfonds erfolgen in Instrumenten, die zum Finanzziel des Teilfonds passen, und für Liquiditätszwecke in liquiden Mitteln und liquiden Mitteln gleichstehenden Mitteln sowie in Derivaten, die als Anlagen und für eine effiziente Portfolioverwaltung eingesetzt werden können.
Zur Gewährleistung eines Mindestmaßes an Umwelt- und Sozialabsicherungen wendet der Teilfonds die Ausschlusskriterien an.

###### Wurde ein Index als Referenzwert bestimmt, um festzustellen, ob dieses Finanzprodukt auf die beworbenen ökologischen und/oder sozialen Merkmale ausgerichtet ist?
Es wird kein bestimmter Index als Referenzbenchmark angegeben, um festzustellen, ob dieses Finanzprodukt zu den geförderten Umwelt- oder Sozialeigenschaften passt.
Bei den Referenzwerten handelt es sich um Indizes, mit denen gemessen wird, ob das Finanzprodukt die beworbenen ökologischen oder sozialen Merkmale erreicht.
Inwiefern ist der Referenzwert kontinuierlich auf die mit dem Finanzprodukt beworbenen ökologischen und sozialen Merkmale ausgerichtet?
Diese Frage ist hier nicht relevant.
Wie wird die kontinuierliche Ausrichtung der Anlagestrategie auf die Indexmethode sichergestellt?
Diese Frage ist hier nicht relevant.
Wie unterscheidet sich der bestimmte Index von einem relevanten breiten Marktindex?
Diese Frage ist hier nicht relevant.
Wo kann die Methode zur Berechnung des bestimmten Indexes eingesehen werden?
Diese Frage ist hier nicht relevant.

###### 	Wo kann ich im Internet weitere produktspezifische Informationen finden?
Weitere produktspezifische Informationen finden Sie auf der Website: https:/www.fidelity.lu/funds/factsheet/LU1366333091/tab-disclosure#SFDR-disclosure. 
Weitere Informationen zu den hier dargelegten Methoden finden Sie auf der Website: System fürnachhaltiges Investieren (fidelityinternational.com).
Vorvertragliche Informationen zu den in Artikel 8 Absätze 1, 2 und 2a der Verordnung (EU) 2019/2088 und Artikel 6 Absatz 1 der Verordnung (EU) 2020/852 genannten Finanzprodukten
Name des Produkts:	Unternehmenskennung (LEI- Code):
Fidelity Funds - Global Technology Fund	549300TVS03JI4WXGJ44

###### Ökologische und/oder soziale Merkmale
| Werden mit diesem Finanzprodukt nachhaltige Investitionen angestrebt? |
| --- |
|  | - Ja
 |  | Nein |
| - Es wird damit ein MindestanteiI an nachhaltigen Investitionen mit einem Umweltziel getätigt:%
	- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie als ökologisch nachhaltig einzustufen sind
	- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie nicht als ökologisch nachhaltig einzustufen sind

- Es wird damit ein Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel getätigt:%
 | Es werden damit ökologische/soziale Merkmale beworben und obwohl keine nachhaltigen Investitionen angestrebt werden, enthält es einen Mindestanteil von 5% an nachhaltigen Investitionen. - mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie als ökologisch nachhaltig einzustufen sindmit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie nicht als ökologisch nachhaltig einzustufen sindmit einem sozialen Ziel
- Es	werden		damit	ökologische/soziale Merkmale	beworben,		aber	keinenachhaltigen Investitionen getätigt.
 |

Welche ökologischen und/ oder sozialen Merkmale werden mit diesem Finanzprodukt beworben?
Mit Nachhaltigkeitsin- dikatoren wird gemessen, inwieweit die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht werden.
Der Teilfonds fördert Umwelt- und Sozialeigenschaften, indem er in Wertpapiere von Emittenten mit guten ESG-Eigenschaften investiert. Gute ESG-Eigenschaften werden anhand von ESG-Ratings ermittelt. ESG-Ratings berücksichtigen Umwelteigenschaften wie CO2-Intensität, CO2-Emissionen, Energieeffizienz, Wasser- und Abfallmanagement und Biodiversität sowie Sozialeigenschaften wie Produktsicherheit, Lieferkette, Gesundheit und Sicherheit sowie Menschenrechte.
Der Teilfonds ist in gewissem Maße bestrebt, nachhaltige Anlagen zu tätigen.
Es wird keine Referenzbenchmark festgelegt, um die geförderten Umwelt- und Sozialeigenschaften zu erreichen.
einzelnen ökologischen oder sozialen Merkmale, die durch dieses Finanzprodukt beworben werden, herangezogen?
Der Teilfonds verwendet die folgenden Nachhaltigkeitsindikatoren, um die Ausprägung der von ihm geförderten Umwelt- oder Sozialeigenschaften zu messen:
- der  Prozentsatz des Teilfonds, der in Wertpapieren von Emittenten mit guten ESG-Eigenschaften im Einklang mit dem System für nachhaltiges Investieren von Fidelity investiert ist;
- in Bezug auf seine Direktanlagen in Unternehmen als Emittenten der Prozentsatz des Teilfonds, der in Wertpapiere von Emittenten investiert ist, auf die Ausschlusskriterien (wie unten definiert) zutreffen;
- der Prozentsatz des Teilfonds, der in nachhaltige Anlagen investiert ist; und
- der Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Umweltziel bei Wirtschaftsaktivitäten investiert ist, die gemäß der EU-Taxonomie nicht als ökologisch nachhaltig gelten; und
- der Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel investiert ist.

Welches sind die Ziele der nachhaltigen Investitionen, die mit dem
Finanzprodukt teilweise getätigt werden sollen, und wie trägt die nachhaltige Investition zu diesen Zielen bei?
Der Teilfonds ermittelt wie folgt, ob eine Anlage nachhaltig ist:
- Emittenten, die wirtschaftliche Tätigkeiten ausüben, die zu einem oder mehreren der in der EU-Taxonomie festgelegten Umweltziele beitragen und gemäß der EU-Taxonomie als ökologisch nachhaltig gelten; oder
- Emittenten, bei denen der Großteil ihrer Geschäftstätigkeit (mehr als 50% des Umsatzes) zu ökologischen oder sozialen Zielen beiträgt, die mit einem oder mehreren der Ziele der Vereinten Nationen für nachhaltige Entwicklung („SDG“) in Einklang stehen; oder
- Emittenten, die ein Dekarbonisierungsziel festgelegt haben, das mit einem Temperaturanstiegsszenario mit 1,5 Grad oder weniger vereinbar ist (überprüft durch die Science Based Target Initiative oder ein Fidelity Proprietary Climate Rating), das als Beitrag zu Umweltzielen angesehen wird;sofern sie keinen wesentlichen Schaden anrichten, Mindestabsicherungen bieten und gute Governance-Kriterien aufweisen.

teilweise getätigt werden sollen, keinem der ökologischen oder sozialen nachhaltigen Anlageziele erheblich schaden?
Nachhaltige Anlagen werden auf ihre Beteiligung an Aktivitäten überprüft, die erheblichen Schaden und Kontroversen verursachen, und durch eine Kontrolle bewertet, ob der Emittent Mindestabsicherungen und -standards hinsichtlich der wichtigsten nachteiligen Auswirkungen (PAI) sowie die Leistung bei den PAI-Kennzahlen umsetzt bzw. erfüllt. Dazu gehören:
- Normenbasierte Filterkriterien – das Filtern von Wertpapieren, die gemäß den bestehenden (unten beschriebenen) normenbasierten Filterkriterien von Fidelity ermittelt wurden, anhand von:
- aktivitätsbasierten Filterkriterien – das Filtern von Emittenten auf der Grundlage ihrer Beteiligung an Aktivitäten mit erheblichen negativen Auswirkungen auf die Gesellschaft oder die Umwelt, darunter Emittenten, bei denen aufgrund der Filterkriterien für Kontroversen eine„sehr gravierende“ Kontroverse vorliegt, die im Bereich
- Umwelt,
- Menschenrechte und Gemeinschaften,
- Arbeitnehmerrechte und Lieferkette,
- Kunden,
- Governance angesiedelt ist; und anhand von
	- PAI-Indikatoren. Quantitative Daten (sofern verfügbar) zu PAI-Indikatoren werden verwendet, um zu bewerten, ob ein Emittent an Aktivitäten beteiligt ist, die einem Umwelt- oder Sozialziel erheblichen Schaden zufügen.


Bei den wichtigsten nachteiligen Auswirkungen handelt es sich um die bedeutendsten nachteiligen Auswirkungen von Investitionsentscheidun- gen auf NachhaItigkeitsfaktoren in den Bereichen Umwelt, Soziales und Beschäftigung, Achtung der Menschenrechte und Bekämpfung von Korruption und Bestechung.
Wie wurden die Indikatoren für nachteilige Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Für nachhaltige Anlagen, wie oben beschrieben, führt Fidelity eine quantitative Bewertung durch, um Emittenten mit einer problematischen Leistung bei PAI-Indikatoren zu ermitteln. Emittenten mit einer niedrigen Punktzahl kommen nur dann für „nachhaltige Anlagen“ infrage, wenn die Fundamentalresearch von Fidelity feststellt, dass der Emittent nicht gegen die Anforderungen verstößt, „keinen wesentlichen Schaden anrichtet“ oder sich auf einem guten Weg befindet, um die nachteiligen Auswirkungen durch effektives Management oder einen Übergang abzumildern.
Wie stehen die nachhaltigen Investitionen mit den OECD-Leitsätzen für multinationale Unternehmen und den Leitprinzipien der Vereinten Nationen für Wirtschaft und
Menschenrechte in Einklang? Nähere Angaben:
Es werden normenbasierte Filterkriterien angewendet: Emittenten, bei denen festgestellt wurde, dass sie sich nicht in einer Weise verhalten, die ihrer grundlegenden Verantwortung in den Bereichen Menschenrechte, Arbeit, Umwelt und Korruptionsbekämpfung im Einklang mit internationalen Normen gerecht wird, darunter denjenigen, die in den OECD-Leitsätzen für multinationale Unternehmen, den Leitprinzipien der Vereinten Nationen für Wirtschaft und Menschenrechte, dem UN Global Compact (UNGC) und den IAO-Standards der Internationalen Arbeitsorganisation (ILO) festgelegt sind, kommen für nachhaltige Investitionen nicht infrage.
In der EU-Taxonomie ist der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" festgelegt, nach dem taxonomiekonforme Investitionen die Ziele der EU-Taxonomie nicht erheblich beeinträchtigen dürfen, und es sind spezifische EU-Kriterien beigefügt. Der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" findet nur bei denjenigen dem Finanzprodukt zugrunde liegenden Investitionen Anwendung, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten berücksichtigen. Die dem verbleibenden Teil dieses  Finanzprodukts zugrunde  liegenden Investitionen berücksichtigen nicht die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten. Alle anderen nachhaltigen Investitionen dürfen ökologische oder soziale Ziele ebenfalls nicht erheblich beeinträchtigen.

###### Werden bei diesem Finanzprodukt die wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Ja
- NeinDie wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren werden mit Hilfe einer Vielzahl von Instrumenten berücksichtigt und in Anlageentscheidungen einbezogen. Hierzu zählen:
- Due Diligence – Analyse, ob die wichtigsten nachteiligen Auswirkungen (PAI) wesentlich und negativ sind.
- ESG-Rating – Fidelity bezieht sich auf ESG-Ratings, die wesentliche nachteilige Auswirkungen wie CO2-Emissionen, Mitarbeitersicherheit, Bestechung und Korruption sowie Wassermanagement berücksichtigen, und bei den von Staaten ausgegebenen Wertpapieren berücksichtigen die verwendeten Ratings wichtige nachteilige Auswirkungen (PAI) wie CO2-Emissionen, Sozialverstöße und die Meinungsfreiheit.
- Ausschlusskriterien – Bei Direktanlagen in Unternehmen als Emittenten wendet der Teilfonds die (unten definierten) Ausschlusskriterien an, um die wichtigsten nachteiligen Auswirkungen abzumildern. Dazu schließt er schädliche Sektoren aus und verbietet Investitionen in Emittenten, die gegen internationale Standards wie den UNGC verstoßen.
- Mitwirkung – Fidelity nutzt Mitwirkung als ein Instrument, um die wichtigsten nachteiligen Auswirkungen besser zu verstehen und sich unter bestimmten Umständen für die Abmilderung der wichtigsten nachteiligen Auswirkungen einzusetzen. Fidelity beteiligt sich an relevanten individuellen und kollaborativen Arten der Mitwirkung, die auf eine Reihe von wichtigen negativen Auswirkungen abzielen (z. B. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Abstimmungsverhalten – Die Abstimmungspolitik von Fidelity umfasst bei Unternehmen als Emittenten explizite Mindeststandards für die Geschlechtervielfalt im Aufsichtsrat und die Auseinandersetzung mit dem Klimawandel. Fidelity kann auch auf eine Weise abstimmen, dass die wichtigsten nachteiligen Auswirkungen abgemildert werden.
- Vierteljährliche Überprüfungen – Überwachung der wichtigsten nachteiligen Auswirkungen (PAI) durch den vierteljährlichen Überprüfungsprozess des Teilfonds.

Wenn es um die Frage geht, ob Investitionen eine wesentliche nachteilige Auswirkung haben, berücksichtigt Fidelity für jeden Nachhaltigkeitsfaktor spezifische Indikatoren. Diese Indikatoren hängen von der Datenverfügbarkeit ab und können sich mit zunehmender Datenqualität und
-verfügbarkeit weiterentwickeln.
Informationen über die wichtigsten nachteiligen Auswirkungen werden im Jahresbericht des Teilfonds zur Verfügung gestellt.
Die Anlagestrategie dient aIs Richtschnur für Investitionsentscheidun- gen, wobei bestimmte Kriterien wie beispielsweise Investitionsziele oder Risikotoleranz
berücksichtigt werden.
Mindestens 50% des Nettovermögens des Teilfonds werden in Wertpapiere investiert, die gute ESG-Eigenschaften aufweisen.
Ob ESG-Eigenschaften gut sind, wird anhand von ESG-Ratings externer Agenturen und von Fidelity ESG-Ratings ermittelt.
Innerhalb dieses Anlageuniversums wählt der Investmentmanager Aktien mit Hilfe rigoroser Bottom-up-Finanzanalysen und -bewertungen aus, um Aktien mit einem Potenzial für hohe Anlagerenditen auszuwählen.
In Bezug auf seine Direktanlagen in Unternehmensemittenten berücksichtigt der Teilfonds:
- eine unternehmensweite Ausschlussliste, die Streumunition und Antipersonenlandminen umfasst; und
- eine normenbasierte Filterung von Emittenten, die nach Ansicht des Investmentmanagers ihre Geschäfte nicht in Übereinstimmung mit internationalen Normen, darunter den im UNGC festgelegten, durchgeführt haben.

Die oben genannten Ausschluss- und Filterkriterien (die „Ausschlusskriterien“) werden möglicherweise von Zeit zu Zeit aktualisiert. Weitere Informationen erhalten Sie auf der Website Sustainable investing framework (fidelityinternational.com).
Es steht zudem im Ermessen des Investmentmanagers, von Zeit zu Zeit erweiterte, strengere Nachhaltigkeitsanforderungen und Ausschlusskriterien anzuwenden.
Worin bestehen die verbindlichen Elemente der Anlagestrategie, die für die Auswahl der Investitionen zur Erfüllung der beworbenen ökologischen oder sozialen Ziele verwendet werden?
Der Teilfonds investiert:
- mindestens 50% seines Vermögens in Emittenten mit guten ESG-Eigenschaften;
- mindestens 5% in nachhaltige Anlagen, von denen mindestens 0% ein Umweltziel verfolgen, das sich an der EU-Taxonomie orientiert, mindestens 1% ein Umweltziel, das sich nicht an der EU-Taxonomie orientiert, und mindestens 1% ein Sozialziel.

Darüber hinaus wird der Teilfonds die oben beschriebenen Ausschlusskriterien systematisch anwenden.
Um welchen Mindestsatz wird der Umfang der vor der Anwendung dieser Anlagestrategie in Betracht gezogenen Investitionen reduziert?
Diese Frage ist hier nicht relevant.
Die Verfahrensweisen einer guten
Unternehmensführung umfassen solide Managementstrukturen, die Beziehungen zu den Arbeitnehmern, die Vergütung von Mitarbeitern sowie die Einhaltung der Steuervorschriften.
Wie werden die Verfahrensweisen einer guten Unternehmensführung der Unternehmen, in die investiert wird, bewertet?
Die Governance-Praktiken der Emittenten werden anhand von Fundamentalresearch bewertet, die Fidelity ESG-Ratings sowie Daten zu Kontroversen und Verstößen gegen den UN Global Compact berücksichtigt.
Zu den wichtigsten Punkten, die analysiert werden, gehören unter anderem die Erfolgsbilanz der Kapitalallokation, die finanzielle Transparenz, Transaktionen mit nahestehenden Parteien, die Unabhängigkeit und Größe des Vorstands, die Vergütung der Führungskräfte, die Abschlussprüfer und die interne Aufsicht sowie die Rechte der Minderheitsanteilinhaber.
Die Vermögensallokation gibt den jeweiligen Anteil der Investitionen in bestimmte Vermögenswerte an.
Taxonomiekonforme Tätigkeiten, ausgedrückt durch den Anteil der:
- Umsatzerlöse, die den Anteil der Einnahmen aus umweltfreundlichenAktivitäten der Unternehmen, in die investiert wird, widerspiegeln
- Investitionsausgaben (CapEx), die die umweltfreundlichen Investitionen der Unternehmen, in die investiert wird, aufzeigen,z.B. für den Übergang zu einer grünen Wirtschaft- Betriebsausgaben (OpEx), die die umweltfreundlichenbetrieblichen Aktivitäten der Unternehmen, in die investiert wird, widerspiegeln(#1 Ausgerichtet an E/S-Eigenschaften) Der Teilfonds investiert nach Möglichkeit:
- mindestens 50% seines	Vermögens	in	Wertpapiere	von	Emittenten	mit	guten ESG-Eigenschaften,
- mindestens 5% seines Vermögens in nachhaltige (#1A nachhaltig) Anlagen, von denen mindestens 0% ein Umweltziel verfolgen (das an der EU-Taxonomie ausgerichtet ist), mindestens 1% ein Umweltziel haben (das nicht an der EU-Taxonomie ausgerichtet ist) und mindestens 1% ein Sozialziel haben. Die übrigen nachhaltigen Anlagen des Teilfonds können ein Umwelt- oder Sozialziel verfolgen.

Sonstige Umweltziele 1%
(#1B Sonstige E/S-Eigenschaften) Umfasst Wertpapiere von Emittenten mit guten ESG-Eigenschaften, die aber keine nachhaltigen Anlagen sind.
#1A Nachhaltige
Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale
50%
Investitionen 5%
#1B Andere ökologische oder soziale Merkmale
Soziales 1%
#2 Andere Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst Investitionen des Finanzprodukts, die zur Erreichung der beworbenen ökologischen oder sozialen Merkmale getätigt wurden.
#2 Andere Investitionen umfasst die übrigen Investitionen des Finanzprodukts, die weder auf ökologische oder soziale Merkmale ausgerichtet sind noch als nachhaltige Investitionen eingestuft werden.
Die Kategorie #1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst folgende Unterkategorien:
Die Unterkategorie #1A Nachhaltige Investitionen umfasst nachhaltige Investitionen mit ökologischen oder sozialen Zielen.
Die Unterkategorie #1B Andere ökologische oder soziale Merkmale umfasst Investitionen, die auf ökologische oder soziale Merkmale ausgerichtet sind, aber nicht als nachhaltige Investitionen eingestuft werden.
Inwiefern werden durch den Einsatz von Derivaten die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht?
Wenn das einem Derivat zugrunde liegende Wertpapier im Einklang mit dem System für nachhaltiges Investieren von Fidelity gute ESG-Eigenschaften aufweist, darf das Derivat zur Feststellung des Teilfondsanteils berücksichtigt werden, der Umwelt- oder Sozialeigenschaften fördert.
In welchem Mindestmaß sind nachhaltige Investitionen mit einem Umweltziel mit der EU-Taxonomie konform?
Der Teilfonds investiert mindestens 0% in nachhaltige Anlagen mit einem Umweltziel, die mit der EU-Taxonomie konform sind.
Die Konformität der Anlagen des Teilfonds mit der EU-Taxonomie wird nicht durch Wirtschaftsprüfer oder mittels einer Überprüfung durch Dritte sichergestellt.
Die Ausrichtung der zugrunde liegenden Anlagen des Teilfonds an der EU-Taxonomie wird anhand des Umsatzes gemessen.
Investiert das Finanzprodukt in Aktivitäten im Zusammenhang mit fossilem Gas und/oder Kernenergie, die der EU-Taxonomie¹ entsprechen?
- JaNein
- In fossiles Gas	In KernenergieWie hoch ist der Mindestanteil der Investitionen in Übergangstätigkeiten und ermöglichende Tätigkeiten?

Der Teilfonds investiert mindestens 0% in Übergangstätigkeiten und ermöglichende Tätigkeiten.
Wie hoch ist der Mindestanteil nachhaltiger Investitionen mit einem Umweltziel, die nicht mit der EU-Taxonomie konform sind?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Umweltziel, das nicht mit der EU-Taxonomie konform ist.
Die Anlagen können zwar mit der EU-Taxonomie konform sein, aber der Investmentmanager ist derzeit nicht in der Lage, den genauen Anteil der Anlagen des Teilfonds anzugeben, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftstätigkeiten berücksichtigen. Die Position wird jedoch weiterhin überprüft, wenn die zugrunde liegenden Regeln festgelegt sind und im Laufe der Zeit mehr zuverlässige Daten zur Verfügung stehen.
¹ Tätigkeiten im Bereich fossiles Gas und/oder Kernenergie sind nur dann EU-taxonomiekonform, wenn sie zur Eindämmung des Klimawandels („Klimaschutz“) beitragen und kein Ziel der EU-Taxonomie erheblich beeinträchtigen – siehe Erläuterung am linken Rand. Die vollständigen Kriterien für EU-taxonomiekonforme Wirtschaftstätigkeiten im Bereich fossiles Gas und Kernenergie sind in der Delegierten Verordnung (EU) 2022/1214 der Kommission festgelegt.
Wie hoch ist der Mindestanteil der sozial nachhaltigen Investitionen?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Sozialziel.
Welche Investitionen fallen unter ,,#2 Andere Investitionen", welcher Anlagezweck wird mit ihnen verfolgt und gibt es einen ökologischen oder sozialen Mindestschutz?
Die verbleibenden Anlagen des Teilfonds erfolgen in Instrumenten, die zum Finanzziel des Teilfonds passen, und für Liquiditätszwecke in liquiden Mitteln und liquiden Mitteln gleichstehenden Mitteln sowie in Derivaten, die als Anlagen und für eine effiziente Portfolioverwaltung eingesetzt werden können.
Zur Gewährleistung eines Mindestmaßes an Umwelt- und Sozialabsicherungen wendet der Teilfonds die Ausschlusskriterien an.

###### Wurde ein Index als Referenzwert bestimmt, um festzustellen, ob dieses Finanzprodukt auf die beworbenen ökologischen und/oder sozialen Merkmale ausgerichtet ist?
Es wird kein bestimmter Index als Referenzbenchmark angegeben, um festzustellen, ob dieses Finanzprodukt zu den geförderten Umwelt- oder Sozialeigenschaften passt.
Bei den Referenzwerten handelt es sich um Indizes, mit denen gemessen wird, ob das Finanzprodukt die beworbenen ökologischen oder sozialen Merkmale erreicht.
Inwiefern ist der Referenzwert kontinuierlich auf die mit dem Finanzprodukt beworbenen ökologischen und sozialen Merkmale ausgerichtet?
Diese Frage ist hier nicht relevant.
Wie wird die kontinuierliche Ausrichtung der Anlagestrategie auf die Indexmethode sichergestellt?
Diese Frage ist hier nicht relevant.
Wie unterscheidet sich der bestimmte Index von einem relevanten breiten Marktindex?
Diese Frage ist hier nicht relevant.
Wo kann die Methode zur Berechnung des bestimmten Indexes eingesehen werden?
Diese Frage ist hier nicht relevant.

###### 	Wo kann ich im Internet weitere produktspezifische Informationen finden?
Weitere produktspezifische Informationen finden Sie auf der Website: https:/www.fidelity.lu/funds/factsheet/LU1213836080/tab-disclosure#SFDR-disclosure. 
Weitere Informationen zu den hier dargelegten Methoden finden Sie auf der Website: System fürnachhaltiges Investieren (fidelityinternational.com).
Vorvertragliche Informationen zu den in Artikel 8 Absätze 1, 2 und 2a der Verordnung (EU) 2019/2088 und Artikel 6 Absatz 1 der Verordnung (EU) 2020/852 genannten Finanzprodukten
Name des Produkts:	Unternehmenskennung (LEI- Code):
Fidelity Funds - Global Thematic Opportunities Fund	5493007VVU2XBPB4GZ92

###### Ökologische und/oder soziale Merkmale
| Werden mit diesem Finanzprodukt nachhaltige Investitionen angestrebt? |
| --- |
|  | - Ja
 |  | Nein |
| - Es wird damit ein MindestanteiI an nachhaltigen Investitionen mit einem Umweltziel getätigt:%
	- in Wirtschaftstätigkeiten, die nach derEU-Taxonomie als ökologisch nachhaltig einzustufen sind

- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie nicht als ökologisch nachhaltig einzustufen sind
- Es wird damit ein Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel getätigt:%
 | Es werden damit ökologische/soziale Merkmale beworben und obwohl keine nachhaltigen Investitionen angestrebt werden, enthält es einen Mindestanteil von 15% an nachhaltigen Investitionen. - mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie als ökologisch nachhaltig einzustufen sindmit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie nicht als ökologisch nachhaltig einzustufen sindmit einem sozialen Ziel
- Es	werden		damit	ökologische/soziale Merkmale	beworben,		aber	keinenachhaltigen Investitionen getätigt.
 |

Welche ökologischen und/ oder sozialen Merkmale werden mit diesem Finanzprodukt beworben?
Mit Nachhaltigkeitsin- dikatoren wird gemessen, inwieweit die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht werden.
Der Teilfonds fördert Umwelt- und Sozialeigenschaften, indem er in Wertpapiere von Emittenten mit guten ESG-Eigenschaften investiert. Gute ESG-Eigenschaften werden anhand von ESG-Ratings ermittelt. ESG-Ratings berücksichtigen Umwelteigenschaften wie CO2-Intensität, CO2-Emissionen, Energieeffizienz, Wasser- und Abfallmanagement und Biodiversität sowie Sozialeigenschaften wie Produktsicherheit, Lieferkette, Gesundheit und Sicherheit sowie Menschenrechte.
Der Teilfonds ist in gewissem Maße bestrebt, nachhaltige Anlagen zu tätigen.
Es wird keine Referenzbenchmark festgelegt, um die geförderten Umwelt- und Sozialeigenschaften zu erreichen.
einzelnen ökologischen oder sozialen Merkmale, die durch dieses Finanzprodukt beworben werden, herangezogen?
Der Teilfonds verwendet die folgenden Nachhaltigkeitsindikatoren, um die Ausprägung der von ihm geförderten Umwelt- oder Sozialeigenschaften zu messen:
- der  Prozentsatz des Teilfonds, der in Wertpapieren von Emittenten mit guten ESG-Eigenschaften im Einklang mit dem System für nachhaltiges Investieren von Fidelity investiert ist;
- in Bezug auf seine Direktanlagen in Unternehmen als Emittenten der Prozentsatz des Teilfonds, der in Wertpapiere von Emittenten investiert ist, auf die Ausschlusskriterien (wie unten definiert) zutreffen;
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen investiert ist; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel bei Wirtschaftsaktivitäten investiert ist, die gemäß der EU-Taxonomie nicht als ökologisch nachhaltig gelten; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel investiert ist.

Welches sind die Ziele der nachhaltigen Investitionen, die mit dem
Finanzprodukt teilweise getätigt werden sollen, und wie trägt die nachhaltige Investition zu diesen Zielen bei?
Der Teilfonds ermittelt wie folgt, ob eine Anlage nachhaltig ist:
- Emittenten, die wirtschaftliche Tätigkeiten ausüben, die zu einem oder mehreren der in der EU-Taxonomie festgelegten Umweltziele beitragen und gemäß der EU-Taxonomie als ökologisch nachhaltig gelten; oder
- Emittenten, bei denen der Großteil ihrer Geschäftstätigkeit (mehr als 50% des Umsatzes) zu ökologischen oder sozialen Zielen beiträgt, die mit einem oder mehreren der Ziele der Vereinten Nationen für nachhaltige Entwicklung („SDG“) in Einklang stehen; oder
- Emittenten, die ein Dekarbonisierungsziel festgelegt haben, das mit einem Temperaturanstiegsszenario mit 1,5 Grad oder weniger vereinbar ist (überprüft durch die Science Based Target Initiative oder ein Fidelity Proprietary Climate Rating), das als Beitrag zu Umweltzielen angesehen wird;sofern sie keinen wesentlichen Schaden anrichten, Mindestabsicherungen bieten und gute Governance-Kriterien aufweisen.

teilweise getätigt werden sollen, keinem der ökologischen oder sozialen nachhaltigen Anlageziele erheblich schaden?
Nachhaltige Anlagen werden auf ihre Beteiligung an Aktivitäten überprüft, die erheblichen Schaden und Kontroversen verursachen, und durch eine Kontrolle bewertet, ob der Emittent Mindestabsicherungen und -standards hinsichtlich der wichtigsten nachteiligen Auswirkungen (PAI) sowie die Leistung bei den PAI-Kennzahlen umsetzt bzw. erfüllt. Dazu gehören:
- Normenbasierte Filterkriterien – das Filtern von Wertpapieren, die gemäß den bestehenden (unten beschriebenen) normenbasierten Filterkriterien von Fidelity ermittelt wurden, anhand von:
- aktivitätsbasierten Filterkriterien – das Filtern von Emittenten auf der Grundlage ihrer Beteiligung an Aktivitäten mit erheblichen negativen Auswirkungen auf die Gesellschaft oder die Umwelt, darunter Emittenten, bei denen aufgrund der Filterkriterien für Kontroversen eine„sehr gravierende“ Kontroverse vorliegt, die im Bereich
- Umwelt,
- Menschenrechte und Gemeinschaften,
- Arbeitnehmerrechte und Lieferkette,
- Kunden,
- Governance angesiedelt ist; und anhand von
	- PAI-Indikatoren. Quantitative Daten (sofern verfügbar) zu PAI-Indikatoren werden verwendet, um zu bewerten, ob ein Emittent an Aktivitäten beteiligt ist, die einem Umwelt- oder Sozialziel erheblichen Schaden zufügen.


Bei den wichtigsten nachteiligen Auswirkungen handelt es sich um die bedeutendsten nachteiligen Auswirkungen von Investitionsentscheidun- gen auf NachhaItigkeitsfaktoren in den Bereichen Umwelt, Soziales und Beschäftigung, Achtung der Menschenrechte und Bekämpfung von Korruption und Bestechung.
Wie wurden die Indikatoren für nachteilige Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Für nachhaltige Anlagen, wie oben beschrieben, führt Fidelity eine quantitative Bewertung  durch,  um  Unternehmen  mit  einer  problematischen  Leistung  bei PAI-Indikatoren zu ermitteln. Emittenten mit einer niedrigen Punktzahl kommen nur dann für „nachhaltige Anlagen“ infrage, wenn die Fundamentalresearch von Fidelity feststellt, dass der Emittent nicht gegen die Anforderungen verstößt, „keinen wesentlichen Schaden anrichtet“ oder sich auf einem Weg befindet, um die nachteiligen Auswirkungen durch effektives Management oder einen Übergang abzumildern.
Wie stehen die nachhaltigen Investitionen mit den OECD-Leitsätzen für multinationale Unternehmen und den Leitprinzipien der Vereinten Nationen für Wirtschaft und
Menschenrechte in Einklang? Nähere Angaben:
Es werden normenbasierte Filterkriterien angewendet: Emittenten, bei denen festgestellt wurde, dass sie sich nicht in einer Weise verhalten, die ihrer grundlegenden Verantwortung in den Bereichen Menschenrechte, Arbeit, Umwelt und Korruptionsbekämpfung im Einklang mit internationalen Normen gerecht wird, darunter denjenigen, die in den OECD-Leitsätzen für multinationale Unternehmen, den Leitprinzipien der Vereinten Nationen für Wirtschaft und Menschenrechte, dem UN Global Compact (UNGC) und den IAO-Standards der Internationalen Arbeitsorganisation (ILO) festgelegt sind, kommen für nachhaltige Investitionen nicht infrage.
In der EU-Taxonomie ist der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" festgelegt, nach dem taxonomiekonforme Investitionen die Ziele der EU-Taxonomie nicht erheblich beeinträchtigen dürfen, und es sind spezifische EU-Kriterien beigefügt. Der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" findet nur bei denjenigen dem Finanzprodukt zugrunde liegenden Investitionen Anwendung, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten berücksichtigen. Die dem verbleibenden Teil dieses  Finanzprodukts zugrunde  liegenden Investitionen berücksichtigen nicht die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten. Alle anderen nachhaltigen Investitionen dürfen ökologische oder soziale Ziele ebenfalls nicht erheblich beeinträchtigen.

###### Werden bei diesem Finanzprodukt die wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Ja
- NeinDie wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren werden mit Hilfe einer Vielzahl von Instrumenten berücksichtigt und in Anlageentscheidungen einbezogen. Hierzu zählen:
- Due Diligence – Analyse, ob die wichtigsten nachteiligen Auswirkungen (PAI) wesentlich und negativ sind.
- ESG-Rating – Fidelity bezieht sich auf ESG-Ratings, die wesentliche nachteilige Auswirkungen wie CO2-Emissionen, Mitarbeitersicherheit, Bestechung und Korruption sowie Wassermanagement berücksichtigen, und bei den von Staaten ausgegebenen Wertpapieren berücksichtigen die verwendeten Ratings wichtige nachteilige Auswirkungen (PAI) wie CO2-Emissionen, Sozialverstöße und die Meinungsfreiheit.
- Ausschlusskriterien – Bei Direktanlagen in Unternehmen als Emittenten wendet der Teilfonds die (unten definierten) Ausschlusskriterien an, um die wichtigsten nachteiligen Auswirkungen abzumildern. Dazu schließt er schädliche Sektoren aus und verbietet Investitionen in Emittenten, die gegen internationale Standards wie den UNGC verstoßen.
- Mitwirkung – Fidelity nutzt Mitwirkung als ein Instrument, um die wichtigsten nachteiligen Auswirkungen besser zu verstehen und sich unter bestimmten Umständen für die Abmilderung der wichtigsten nachteiligen Auswirkungen einzusetzen. Fidelity beteiligt sich an relevanten individuellen und kollaborativen Arten der Mitwirkung, die auf eine Reihe von wichtigen negativen Auswirkungen abzielen (z. B. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Abstimmungsverhalten – Die Abstimmungspolitik von Fidelity umfasst bei Unternehmen als Emittenten explizite Mindeststandards für die Geschlechtervielfalt im Aufsichtsrat und die Auseinandersetzung mit dem Klimawandel. Fidelity kann auch auf eine Weise abstimmen, dass die wichtigsten nachteiligen Auswirkungen abgemildert werden.
- Vierteljährliche Überprüfungen – Überwachung der wichtigsten nachteiligen Auswirkungen (PAI) durch den vierteljährlichen Überprüfungsprozess des Teilfonds.

Wenn es um die Frage geht, ob Investitionen eine wesentliche nachteilige Auswirkung haben, berücksichtigt Fidelity für jeden Nachhaltigkeitsfaktor spezifische Indikatoren. Diese Indikatoren hängen von der Datenverfügbarkeit ab und können sich mit zunehmender Datenqualität und
-verfügbarkeit weiterentwickeln.
Informationen über die wichtigsten nachteiligen Auswirkungen werden im Jahresbericht des Teilfonds zur Verfügung gestellt.

###### Welche Anlagestrategie wird mit diesem Finanzprodukt verfolgt?
Die Anlagestrategie dient aIs Richtschnur für Investitionsentscheidun- gen, wobei bestimmte Kriterien wie beispielsweise Investitionsziele oder Risikotoleranz
berücksichtigt werden.
Der Teilfonds strebt einen langfristigen Kapitalzuwachs aus einem Portfolio an, das sich vornehmlich aus Wertpapieren von Unternehmen aus aller Welt, darunter Schwellenländern, zusammensetzt. Der Teilfonds ist bestrebt, in mehrere langfristige Marktthemen zu investieren. Hierzu tätigt er Anlagen in Wertpapiere, die von strukturellen und/oder lang anhaltenden (d. h. langfristigen und nicht zyklischen) Veränderungen wirtschaftlicher und sozialer Faktoren, wie z.
B. disruptiven Technologien, Demografie und Klimawandel, profitieren können. Lang anhaltende Veränderungen dauern im Allgemeinen mindestens zehn Jahre und können strukturelle Veränderungen bewirken.
Als  disruptive  Technologien  werden Innovationen  bezeichnet,  die  das  Verhalten von Verbrauchern, Industrie oder Unternehmen entscheidend verändern. Als demografische Trends gelten	langfristige	dynamische	Entwicklungen,	die	unter	anderem	mit	Folgendem zusammenhängen: der Alterung der Bevölkerung (insbesondere Unternehmen, die auf das Gesundheitswesen und den Konsum im Ruhestand setzen), dem Wachstum der Mittelschicht (Unternehmen, die auf den steigenden Konsum, die Zunahme von Finanzdienstleistungen und die Urbanisierung setzen) und dem Bevölkerungswachstum (insbesondere Unternehmen, die auf Ressourcenknappheit  und  die  Notwendigkeit  zur  Verbesserung  von  Produktivität  und Automatisierung setzen). Der Investmentmanager hat das Ermessen bei der Wahl der Themen, in die der Teilfonds investiert.
Mindestens 50% des Nettovermögens des Teilfonds werden in Wertpapiere investiert, die gute ESG-Eigenschaften aufweisen.
Ob ESG-Eigenschaften gut sind, wird anhand von ESG-Ratings externer Agenturen und von Fidelity ESG-Ratings ermittelt.
Das Multi Asset Research-Team von Fidelity ist bestrebt, den ESG-Ansatz eines einzelnen Managers zu verstehen. Hierzu wird bewertet, inwieweit ESG-Überlegungen im Investmentprozess und in der Philosophie, in der Finanzanalyse des Analysten und bei der Zusammensetzung des Portfolios berücksichtigt werden. Das Team berücksichtigt, wie ESG-Faktoren in die Anlagepolitik der Strategie integriert werden und, sofern eigene Ratings verwendet werden, wie sich die ESG-Research und ihre Ergebnisse in der Gewichtung der einzelnen Wertpapiere und in den anwendbaren Engagement- und Ausschlussrichtlinien widerspiegeln. Um die ESG-Kennzahlen der jeweiligen Strategien zu bewerten, untersucht das Team Daten aus einer Reihe von Quellen, zu denen u. a. Fidelity Sustainability Ratings sowie Daten von Drittanbietern gehören.
In Bezug auf seine Direktanlagen in Unternehmensemittenten wendet der Teilfonds Folgendes an:
- eine unternehmensweite Ausschlussliste, die Streumunition und Antipersonenlandminen umfasst; und
- eine normenbasierte Filterung von Emittenten, die nach Ansicht des Investmentmanagers ihre Geschäfte nicht in Übereinstimmung mit internationalen Normen, darunter den im UNGC festgelegten, durchgeführt haben.

Die oben genannten Ausschluss- und Filterkriterien (die „Ausschlusskriterien“) werden möglicherweise von Zeit zu Zeit aktualisiert. Weitere Informationen erhalten Sie auf der Website Sustainable investing framework (fidelityinternational.com).
Es steht zudem im Ermessen des Investmentmanagers, von Zeit zu Zeit erweiterte, strengere Nachhaltigkeitsanforderungen und Ausschlusskriterien anzuwenden.
Worin bestehen die verbindlichen Elemente der Anlagestrategie, die für die Auswahl der Investitionen zur Erfüllung der beworbenen ökologischen oder sozialen Ziele verwendet werden?
Der Teilfonds investiert:
- mindestens  50%  seines  Vermögens in Wertpapiere von Emittenten mit guten ESG-Eigenschaften,
- mindestens 15% in nachhaltige Anlagen, von denen mindestens 0% ein Umweltziel aufweisen, das sich an der EU-Taxonomie orientiert, mindestens 3% ein Umweltziel, das sich nicht an der EU-Taxonomie orientiert, und mindestens 1% ein Sozialziel verfolgen.

Darüber hinaus wird der Teilfonds die oben beschriebenen Ausschlusskriterien systematisch anwenden.
Um welchen Mindestsatz wird der Umfang der vor der Anwendung dieser Anlagestrategie in Betracht gezogenen Investitionen reduziert?
Diese Frage ist hier nicht relevant.
Die Verfahrensweisen einer guten
Unternehmensführung umfassen solide Managementstrukturen, die Beziehungen zu den Arbeitnehmern, die Vergütung von Mitarbeitern sowie die Einhaltung der Steuervorschriften.
Wie werden die Verfahrensweisen einer guten Unternehmensführung der Unternehmen, in die investiert wird, bewertet?
Die Governance-Praktiken der Emittenten werden anhand von Fundamentalresearch bewertet, die Fidelity ESG-Ratings sowie Daten zu Kontroversen und Verstößen gegen den UN Global Compact berücksichtigt.
Zu den wichtigsten Punkten, die analysiert werden, gehören unter anderem die Erfolgsbilanz der Kapitalallokation, die finanzielle Transparenz, Transaktionen mit nahestehenden Parteien, die Unabhängigkeit und Größe des Vorstands, die Vergütung der Führungskräfte, die Abschlussprüfer und die interne Aufsicht sowie die Rechte der Minderheitsanteilinhaber.

###### Welche Vermögensallokation ist für dieses Finanzprodukt geplant?
Die Vermögensallokation gibt den jeweiligen Anteil der Investitionen in bestimmte Vermögenswerte an.
Taxonomiekonforme Tätigkeiten, ausgedrückt durch den Anteil der:
- Umsatzerlöse, die den Anteil der Einnahmen aus umweltfreundlichenAktivitäten der Unternehmen, in die investiert wird, widerspiegeln
- Investitionsausgaben (CapEx), die die umweltfreundlichen Investitionen der Unternehmen, in die investiert wird, aufzeigen,z.B. für den Übergang zu einer grünen Wirtschaft- Betriebsausgaben (OpEx), die die umweltfreundlichenbetrieblichen Aktivitäten der Unternehmen, in die investiert wird, widerspiegeln(#1 Ausgerichtet an E/S-Eigenschaften) Der Teilfonds investiert:
- mindestens 50% seines	Vermögens	in	Wertpapiere	von	Emittenten	mit	guten ESG-Eigenschaften,
- mindestens 15% seines Vermögens in (#1A nachhaltig) investieren, von denen mindestens 0% ein Umweltziel verfolgen (das sich an der EU-Taxonomie orientiert), mindestens 3% ein Umweltziel (das sich nicht an der EU-Taxonomie orientiert) und mindestens 1% ein Sozialziel. Die übrigen nachhaltigen Anlagen des Teilfonds können ein Umwelt- oder Sozialziel verfolgen.

Sonstige Umweltziele 3%
(#1B Sonstige E/S-Eigenschaften) Umfasst Wertpapiere von Emittenten mit guten ESG-Eigenschaften, die aber keine nachhaltigen Anlagen sind.
#1A Nachhaltige
Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale
50%
Investitionen 15%
#1B Andere ökologische oder soziale Merkmale
Soziales 1%
#2 Andere Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst Investitionen des Finanzprodukts, die zur Erreichung der beworbenen ökologischen oder sozialen Merkmale getätigt wurden.
#2 Andere Investitionen umfasst die übrigen Investitionen des Finanzprodukts, die weder auf ökologische oder soziale Merkmale ausgerichtet sind noch als nachhaltige Investitionen eingestuft werden.
Die Kategorie #1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst folgende Unterkategorien:
Die Unterkategorie #1A Nachhaltige Investitionen umfasst nachhaltige Investitionen mit ökologischen oder sozialen Zielen.
Die Unterkategorie #1B Andere ökologische oder soziale Merkmale umfasst Investitionen, die auf ökologische oder soziale Merkmale ausgerichtet sind, aber nicht als nachhaltige Investitionen eingestuft werden.
Inwiefern werden durch den Einsatz von Derivaten die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht?
Wenn das einem Derivat zugrunde liegende Wertpapier im Einklang mit dem System für nachhaltiges Investieren von Fidelity gute ESG-Eigenschaften aufweist, darf das Derivat zur Feststellung des Teilfondsanteils berücksichtigt werden, der Umwelt- oder Sozialeigenschaften fördert.
In welchem Mindestmaß sind nachhaltige Investitionen mit einem Umweltziel mit der EU-Taxonomie konform?
Der Teilfonds investiert mindestens 0% in nachhaltige Anlagen mit einem Umweltziel, die mit der EU-Taxonomie konform sind.
Die Konformität der Anlagen des Teilfonds mit der EU-Taxonomie wird nicht durch Wirtschaftsprüfer oder mittels einer Überprüfung durch Dritte sichergestellt.
Die Ausrichtung der zugrunde liegenden Anlagen des Teilfonds an der EU-Taxonomie wird anhand des Umsatzes gemessen.
Investiert das Finanzprodukt in Aktivitäten im Zusammenhang mit fossilem Gas und/oder Kernenergie, die der EU-Taxonomie¹ entsprechen?
- JaNein
- In fossiles Gas	In KernenergieWie hoch ist der Mindestanteil der Investitionen in Übergangstätigkeiten und ermöglichende Tätigkeiten?

Der Teilfonds investiert mindestens 0% in Übergangstätigkeiten und ermöglichende Tätigkeiten.
Wie hoch ist der Mindestanteil nachhaltiger Investitionen mit einem Umweltziel, die nicht mit der EU-Taxonomie konform sind?
Der Teilfonds investiert mindestens 3% in nachhaltige Anlagen mit einem Umweltziel, das nicht mit der EU-Taxonomie konform ist.
Die Anlagen können zwar mit der EU-Taxonomie konform sein, aber der Investmentmanager ist derzeit nicht in der Lage, den genauen Anteil der Anlagen des Teilfonds anzugeben, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftstätigkeiten berücksichtigen. Die Position wird jedoch weiterhin überprüft, wenn die zugrunde liegenden Regeln festgelegt sind und im Laufe der Zeit mehr zuverlässige Daten zur Verfügung stehen.
¹ Tätigkeiten im Bereich fossiles Gas und/oder Kernenergie sind nur dann EU-taxonomiekonform, wenn sie zur Eindämmung des Klimawandels („Klimaschutz“) beitragen und kein Ziel der EU-Taxonomie erheblich beeinträchtigen – siehe Erläuterung am linken Rand. Die vollständigen Kriterien für EU-taxonomiekonforme Wirtschaftstätigkeiten im Bereich fossiles Gas und Kernenergie sind in der Delegierten Verordnung (EU) 2022/1214 der Kommission festgelegt.
Wie hoch ist der Mindestanteil der sozial nachhaltigen Investitionen?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Sozialziel.
Welche Investitionen fallen unter ,,#2 Andere Investitionen", welcher Anlagezweck wird mit ihnen verfolgt und gibt es einen ökologischen oder sozialen Mindestschutz?
Die verbleibenden Anlagen des Teilfonds, die sich nicht an guten ESG-Eigenschaften orientieren, werden in Übereinstimmung mit dem finanziellen Anlageziel des Teilfonds oder für Liquiditätszwecke in liquiden Mitteln und liquiden Mitteln gleichstehenden Mitteln sowie in Derivaten angelegt, die als Anlagen und für ein effizientes Portfoliomanagement eingesetzt werden können.
Zur minimalen Absicherung von Umwelt- und Sozialzielen müssen alle Direktanlagen in Unternehmen als Emittenten den Ausschlusskriterien entsprechen.

###### Wurde ein Index als Referenzwert bestimmt, um festzustellen, ob dieses Finanzprodukt auf die beworbenen ökologischen und/oder sozialen Merkmale ausgerichtet ist?
Es wird kein bestimmter Index als Referenzbenchmark angegeben, um festzustellen, ob dieses Finanzprodukt zu den geförderten Umwelt- oder Sozialeigenschaften passt.
Bei den Referenzwerten handelt es sich um Indizes, mit denen gemessen wird, ob das Finanzprodukt die beworbenen ökologischen oder sozialen Merkmale erreicht.
Inwiefern ist der Referenzwert kontinuierlich auf die mit dem Finanzprodukt beworbenen ökologischen und sozialen Merkmale ausgerichtet?
Diese Frage ist hier nicht relevant.
Wie wird die kontinuierliche Ausrichtung der Anlagestrategie auf die Indexmethode sichergestellt?
Diese Frage ist hier nicht relevant.
Wie unterscheidet sich der bestimmte Index von einem relevanten breiten Marktindex?
Diese Frage ist hier nicht relevant.
Wo kann die Methode zur Berechnung des bestimmten Indexes eingesehen werden?
Diese Frage ist hier nicht relevant.

###### 	Wo kann ich im Internet weitere produktspezifische Informationen finden?
Weitere produktspezifische Informationen finden Sie auf der Website: https:/www.fidelity.lu/funds/factsheet/LU0251129895/tab-disclosure#SFDR-disclosure. 
Weitere Informationen zu den hier dargelegten Methoden finden Sie auf der Website: System fürnachhaltiges Investieren (fidelityinternational.com).
Vorvertragliche Informationen zu den in Artikel 8 Absätze 1, 2 und 2a der Verordnung (EU) 2019/2088 und Artikel 6 Absatz 1 der Verordnung (EU) 2020/852 genannten Finanzprodukten
Name des Produkts:	Unternehmenskennung (LEI- Code):
Fidelity Funds - Institutional Global Focus Fund	5493003YW9GXTX4AB509

###### Ökologische und/oder soziale Merkmale
| Werden mit diesem Finanzprodukt nachhaltige Investitionen angestrebt? |
| --- |
|  | - Ja
 |  | Nein |
| - Es wird damit ein MindestanteiI an nachhaltigen Investitionen mit einem Umweltziel getätigt:%
	- in Wirtschaftstätigkeiten, die nach derEU-Taxonomie als ökologisch nachhaltig einzustufen sind

- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie nicht als ökologisch nachhaltig einzustufen sind
- Es wird damit ein Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel getätigt:%
 | Es werden damit ökologische/soziale Merkmale beworben und obwohl keine nachhaltigen Investitionen angestrebt werden, enthält es einen Mindestanteil von 10% an nachhaltigen Investitionen. - mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie als ökologisch nachhaltig einzustufen sindmit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie nicht als ökologisch nachhaltig einzustufen sindmit einem sozialen Ziel
- Es	werden		damit	ökologische/soziale Merkmale	beworben,		aber	keinenachhaltigen Investitionen getätigt.
 |

Welche ökologischen und/ oder sozialen Merkmale werden mit diesem Finanzprodukt beworben?
Mit Nachhaltigkeitsin- dikatoren wird gemessen, inwieweit die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht werden.
Der Teilfonds fördert Umwelt- und Sozialeigenschaften, indem er in Wertpapiere von Emittenten mit guten ESG-Eigenschaften investiert. Gute ESG-Eigenschaften werden anhand von ESG-Ratings ermittelt. ESG-Ratings berücksichtigen Umwelteigenschaften wie CO2-Intensität, CO2-Emissionen, Energieeffizienz, Wasser- und Abfallmanagement und Biodiversität sowie Sozialeigenschaften wie Produktsicherheit, Lieferkette, Gesundheit und Sicherheit sowie Menschenrechte.
Der Teilfonds ist in gewissem Maße bestrebt, nachhaltige Anlagen zu tätigen.
Es wird keine Referenzbenchmark festgelegt, um die geförderten Umwelt- und Sozialeigenschaften zu erreichen.
einzelnen ökologischen oder sozialen Merkmale, die durch dieses Finanzprodukt beworben werden, herangezogen?
Der Teilfonds verwendet die folgenden Nachhaltigkeitsindikatoren, um die Ausprägung der von ihm geförderten Umwelt- oder Sozialeigenschaften zu messen:
- der  Prozentsatz des Teilfonds, der in Wertpapieren von Emittenten mit guten ESG-Eigenschaften im Einklang mit dem System für nachhaltiges Investieren von Fidelity investiert ist;
- in Bezug auf seine Direktanlagen in Unternehmen als Emittenten der Prozentsatz des Teilfonds, der in Wertpapiere von Emittenten investiert ist, auf die Ausschlusskriterien (wie unten definiert) zutreffen;
- der Prozentsatz des Teilfonds, der in nachhaltige Anlagen investiert ist; und
- der Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Umweltziel bei Wirtschaftsaktivitäten investiert ist, die gemäß der EU-Taxonomie nicht als ökologisch nachhaltig gelten; und
- der Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel investiert ist.

Welches sind die Ziele der nachhaltigen Investitionen, die mit dem
Finanzprodukt teilweise getätigt werden sollen, und wie trägt die nachhaltige Investition zu diesen Zielen bei?
Der Teilfonds ermittelt wie folgt, ob eine Anlage nachhaltig ist:
- Emittenten, die wirtschaftliche Tätigkeiten ausüben, die zu einem oder mehreren der in der EU-Taxonomie festgelegten Umweltziele beitragen und gemäß der EU-Taxonomie als ökologisch nachhaltig gelten; oder
- Emittenten, bei denen der Großteil ihrer Geschäftstätigkeit (mehr als 50% des Umsatzes) zu ökologischen oder sozialen Zielen beiträgt, die mit einem oder mehreren der Ziele der Vereinten Nationen für nachhaltige Entwicklung („SDG“) in Einklang stehen; oder
- Emittenten, die ein Dekarbonisierungsziel festgelegt haben, das mit einem Temperaturanstiegsszenario mit 1,5 Grad oder weniger vereinbar ist (überprüft durch die Science Based Target Initiative oder ein Fidelity Proprietary Climate Rating), das als Beitrag zu Umweltzielen angesehen wird;sofern sie keinen wesentlichen Schaden anrichten, Mindestabsicherungen bieten und gute Governance-Kriterien aufweisen.

teilweise getätigt werden sollen, keinem der ökologischen oder sozialen nachhaltigen Anlageziele erheblich schaden?
Nachhaltige Anlagen werden auf ihre Beteiligung an Aktivitäten überprüft, die erheblichen Schaden und Kontroversen verursachen, und durch eine Kontrolle bewertet, ob der Emittent Mindestabsicherungen und -standards hinsichtlich der wichtigsten nachteiligen Auswirkungen (PAI) sowie die Leistung bei den PAI-Kennzahlen umsetzt bzw. erfüllt. Dazu gehören:
- Normenbasierte Filterkriterien – das Filtern von Wertpapieren, die gemäß den bestehenden (unten beschriebenen) normenbasierten Filterkriterien von Fidelity ermittelt wurden, anhand von:
- aktivitätsbasierten Filterkriterien – das Filtern von Emittenten auf der Grundlage ihrer Beteiligung an Aktivitäten mit erheblichen negativen Auswirkungen auf die Gesellschaft oder die Umwelt, darunter Emittenten, bei denen aufgrund der Filterkriterien für Kontroversen eine„sehr gravierende“ Kontroverse vorliegt, die im Bereich
- Umwelt,
- Menschenrechte und Gemeinschaften,
- Arbeitnehmerrechte und Lieferkette,
- Kunden,
- Governance angesiedelt ist; und anhand von
	- PAI-Indikatoren. Quantitative Daten (sofern verfügbar) zu PAI-Indikatoren werden verwendet, um zu bewerten, ob ein Emittent an Aktivitäten beteiligt ist, die einem Umwelt- oder Sozialziel erheblichen Schaden zufügen.


Bei den wichtigsten nachteiligen Auswirkungen handelt es sich um die bedeutendsten nachteiligen Auswirkungen von Investitionsentscheidun- gen auf NachhaItigkeitsfaktoren in den Bereichen Umwelt, Soziales und Beschäftigung, Achtung der Menschenrechte und Bekämpfung von Korruption und Bestechung.
Wie wurden die Indikatoren für nachteilige Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Für nachhaltige Anlagen, wie oben beschrieben, führt Fidelity eine quantitative Bewertung durch, um Emittenten mit einer problematischen Leistung bei PAI-Indikatoren zu ermitteln. Emittenten mit einer niedrigen Punktzahl kommen nur dann für „nachhaltige Anlagen“ infrage, wenn die Fundamentalresearch von Fidelity feststellt, dass der Emittent nicht gegen die Anforderungen verstößt, „keinen wesentlichen Schaden anrichtet“ oder sich auf einem guten Weg befindet, um die nachteiligen Auswirkungen durch effektives Management oder einen Übergang abzumildern.
Wie stehen die nachhaltigen Investitionen mit den OECD-Leitsätzen für multinationale Unternehmen und den Leitprinzipien der Vereinten Nationen für Wirtschaft und
Menschenrechte in Einklang? Nähere Angaben:
Es werden normenbasierte Filterkriterien angewendet: Emittenten, bei denen festgestellt wurde, dass sie sich nicht in einer Weise verhalten, die ihrer grundlegenden Verantwortung in den Bereichen Menschenrechte, Arbeit, Umwelt und Korruptionsbekämpfung im Einklang mit internationalen Normen gerecht wird, darunter denjenigen, die in den OECD-Leitsätzen für multinationale Unternehmen, den Leitprinzipien der Vereinten Nationen für Wirtschaft und Menschenrechte, dem UN Global Compact (UNGC) und den IAO-Standards der Internationalen Arbeitsorganisation (ILO) festgelegt sind, kommen für nachhaltige Investitionen nicht infrage.
In der EU-Taxonomie ist der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" festgelegt, nach dem taxonomiekonforme Investitionen die Ziele der EU-Taxonomie nicht erheblich beeinträchtigen dürfen, und es sind spezifische EU-Kriterien beigefügt. Der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" findet nur bei denjenigen dem Finanzprodukt zugrunde liegenden Investitionen Anwendung, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten berücksichtigen. Die dem verbleibenden Teil dieses  Finanzprodukts zugrunde  liegenden Investitionen berücksichtigen nicht die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten. Alle anderen nachhaltigen Investitionen dürfen ökologische oder soziale Ziele ebenfalls nicht erheblich beeinträchtigen.

###### Werden bei diesem Finanzprodukt die wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Ja
- NeinDie wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren werden mit Hilfe einer Vielzahl von Instrumenten berücksichtigt und in Anlageentscheidungen einbezogen. Hierzu zählen:
- Due Diligence – Analyse, ob die wichtigsten nachteiligen Auswirkungen (PAI) wesentlich und negativ sind.
- ESG-Rating – Fidelity bezieht sich auf ESG-Ratings, die wesentliche nachteilige Auswirkungen wie CO2-Emissionen, Mitarbeitersicherheit, Bestechung und Korruption sowie Wassermanagement berücksichtigen, und bei den von Staaten ausgegebenen Wertpapieren berücksichtigen die verwendeten Ratings wichtige nachteilige Auswirkungen (PAI) wie CO2-Emissionen, Sozialverstöße und die Meinungsfreiheit.
- Ausschlusskriterien – Bei Direktanlagen in Unternehmen als Emittenten wendet der Teilfonds die (unten definierten) Ausschlusskriterien an, um die wichtigsten nachteiligen Auswirkungen abzumildern. Dazu schließt er schädliche Sektoren aus und verbietet Investitionen in Emittenten, die gegen internationale Standards wie den UNGC verstoßen.
- Mitwirkung – Fidelity nutzt Mitwirkung als ein Instrument, um die wichtigsten nachteiligen Auswirkungen besser zu verstehen und sich unter bestimmten Umständen für die Abmilderung der wichtigsten nachteiligen Auswirkungen einzusetzen. Fidelity beteiligt sich an relevanten individuellen und kollaborativen Arten der Mitwirkung, die auf eine Reihe von wichtigen negativen Auswirkungen abzielen (z. B. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Abstimmungsverhalten – Die Abstimmungspolitik von Fidelity umfasst bei Unternehmen als Emittenten explizite Mindeststandards für die Geschlechtervielfalt im Aufsichtsrat und die Auseinandersetzung mit dem Klimawandel. Fidelity kann auch auf eine Weise abstimmen, dass die wichtigsten nachteiligen Auswirkungen abgemildert werden.
- Vierteljährliche Überprüfungen – Überwachung der wichtigsten nachteiligen Auswirkungen (PAI) durch den vierteljährlichen Überprüfungsprozess des Teilfonds.

Wenn es um die Frage geht, ob Investitionen eine wesentliche nachteilige Auswirkung haben, berücksichtigt Fidelity für jeden Nachhaltigkeitsfaktor spezifische Indikatoren. Diese Indikatoren hängen von der Datenverfügbarkeit ab und können sich mit zunehmender Datenqualität und
-verfügbarkeit weiterentwickeln.
Informationen über die wichtigsten nachteiligen Auswirkungen werden im Jahresbericht des Teilfonds zur Verfügung gestellt.
Die Anlagestrategie dient aIs Richtschnur für Investitionsentscheidun- gen, wobei bestimmte Kriterien wie beispielsweise Investitionsziele oder Risikotoleranz
berücksichtigt werden.
Mindestens 50% des Nettovermögens des Teilfonds werden in Wertpapiere investiert, die gute ESG-Eigenschaften aufweisen.
Ob ESG-Eigenschaften gut sind, wird anhand von ESG-Ratings externer Agenturen und von Fidelity ESG-Ratings ermittelt.
Innerhalb dieses Anlageuniversums wählt der Investmentmanager Aktien mit Hilfe rigoroser Bottom-up-Finanzanalysen und -bewertungen aus, um Aktien mit einem Potenzial für hohe Anlagerenditen auszuwählen.
In Bezug auf seine Direktanlagen in Unternehmensemittenten berücksichtigt der Teilfonds:
- eine unternehmensweite Ausschlussliste, die Streumunition und Antipersonenlandminen umfasst; und
- eine normenbasierte Filterung von Emittenten, die nach Ansicht des Investmentmanagers ihre Geschäfte nicht in Übereinstimmung mit internationalen Normen, darunter den im UNGC festgelegten, durchgeführt haben.

Die oben genannten Ausschluss- und Filterkriterien (die „Ausschlusskriterien“) werden möglicherweise von Zeit zu Zeit aktualisiert. Weitere Informationen erhalten Sie auf der Website Sustainable investing framework (fidelityinternational.com).
Es steht zudem im Ermessen des Investmentmanagers, von Zeit zu Zeit erweiterte, strengere Nachhaltigkeitsanforderungen und Ausschlusskriterien anzuwenden.
Worin bestehen die verbindlichen Elemente der Anlagestrategie, die für die Auswahl der Investitionen zur Erfüllung der beworbenen ökologischen oder sozialen Ziele verwendet werden?
Der Teilfonds investiert:
- mindestens 50% seines Vermögens in Emittenten mit guten ESG-Eigenschaften;
- mindestens 10% in nachhaltige Anlagen, von denen mindestens 0% ein Umweltziel verfolgen, das sich an der EU-Taxonomie orientiert, mindestens 1% ein Umweltziel, das sich nicht an der EU-Taxonomie orientiert, und mindestens 1% ein Sozialziel.

Darüber hinaus wird der Teilfonds die oben beschriebenen Ausschlusskriterien systematisch anwenden.
Um welchen Mindestsatz wird der Umfang der vor der Anwendung dieser Anlagestrategie in Betracht gezogenen Investitionen reduziert?
Diese Frage ist hier nicht relevant.
Die Verfahrensweisen einer guten
Unternehmensführung umfassen solide Managementstrukturen, die Beziehungen zu den Arbeitnehmern, die Vergütung von Mitarbeitern sowie die Einhaltung der Steuervorschriften.
Wie werden die Verfahrensweisen einer guten Unternehmensführung der Unternehmen, in die investiert wird, bewertet?
Die Governance-Praktiken der Emittenten werden anhand von Fundamentalresearch bewertet, die Fidelity ESG-Ratings sowie Daten zu Kontroversen und Verstößen gegen den UN Global Compact berücksichtigt.
Zu den wichtigsten Punkten, die analysiert werden, gehören unter anderem die Erfolgsbilanz der Kapitalallokation, die finanzielle Transparenz, Transaktionen mit nahestehenden Parteien, die Unabhängigkeit und Größe des Vorstands, die Vergütung der Führungskräfte, die Abschlussprüfer und die interne Aufsicht sowie die Rechte der Minderheitsanteilinhaber.
Die Vermögensallokation gibt den jeweiligen Anteil der Investitionen in bestimmte Vermögenswerte an.
Taxonomiekonforme Tätigkeiten, ausgedrückt durch den Anteil der:
- Umsatzerlöse, die den Anteil der Einnahmen aus umweltfreundlichenAktivitäten der Unternehmen, in die investiert wird, widerspiegeln
- Investitionsausgaben (CapEx), die die umweltfreundlichen Investitionen der Unternehmen, in die investiert wird, aufzeigen,z.B. für den Übergang zu einer grünen Wirtschaft- Betriebsausgaben (OpEx), die die umweltfreundlichenbetrieblichen Aktivitäten der Unternehmen, in die investiert wird, widerspiegeln(#1 Ausgerichtet an E/S-Eigenschaften) Der Teilfonds investiert nach Möglichkeit:
- mindestens 50% seines	Vermögens	in	Wertpapiere	von	Emittenten	mit	guten ESG-Eigenschaften,
- mindestens 10% seines Vermögens in nachhaltige (#1A nachhaltig) Anlagen, von denen mindestens 0% ein Umweltziel verfolgen (das an der EU-Taxonomie ausgerichtet ist), mindestens 1% ein Umweltziel haben (das nicht an der EU-Taxonomie ausgerichtet ist) und mindestens 1% ein Sozialziel haben. Die übrigen nachhaltigen Anlagen des Teilfonds können ein Umwelt- oder Sozialziel verfolgen.

Sonstige Umweltziele 1%
(#1B Sonstige E/S-Eigenschaften) Umfasst Wertpapiere von Emittenten mit guten ESG-Eigenschaften, die aber keine nachhaltigen Anlagen sind.
#1A Nachhaltige
Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale
50%
Investitionen 10%
#1B Andere ökologische oder soziale Merkmale
Soziales 1%
#2 Andere Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst Investitionen des Finanzprodukts, die zur Erreichung der beworbenen ökologischen oder sozialen Merkmale getätigt wurden.
#2 Andere Investitionen umfasst die übrigen Investitionen des Finanzprodukts, die weder auf ökologische oder soziale Merkmale ausgerichtet sind noch als nachhaltige Investitionen eingestuft werden.
Die Kategorie #1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst folgende Unterkategorien:
Die Unterkategorie #1A Nachhaltige Investitionen umfasst nachhaltige Investitionen mit ökologischen oder sozialen Zielen.
Die Unterkategorie #1B Andere ökologische oder soziale Merkmale umfasst Investitionen, die auf ökologische oder soziale Merkmale ausgerichtet sind, aber nicht als nachhaltige Investitionen eingestuft werden.
Inwiefern werden durch den Einsatz von Derivaten die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht?
Wenn das einem Derivat zugrunde liegende Wertpapier im Einklang mit dem System für nachhaltiges Investieren von Fidelity gute ESG-Eigenschaften aufweist, darf das Derivat zur Feststellung des Teilfondsanteils berücksichtigt werden, der Umwelt- oder Sozialeigenschaften fördert.
In welchem Mindestmaß sind nachhaltige Investitionen mit einem Umweltziel mit der EU-Taxonomie konform?
Der Teilfonds investiert mindestens 0% in nachhaltige Anlagen mit einem Umweltziel, die mit der EU-Taxonomie konform sind.
Die Konformität der Anlagen des Teilfonds mit der EU-Taxonomie wird nicht durch Wirtschaftsprüfer oder mittels einer Überprüfung durch Dritte sichergestellt.
Die Ausrichtung der zugrunde liegenden Anlagen des Teilfonds an der EU-Taxonomie wird anhand des Umsatzes gemessen.
Investiert das Finanzprodukt in Aktivitäten im Zusammenhang mit fossilem Gas und/oder Kernenergie, die der EU-Taxonomie¹ entsprechen?
- JaNein
- In fossiles Gas	In KernenergieWie hoch ist der Mindestanteil der Investitionen in Übergangstätigkeiten und ermöglichende Tätigkeiten?

Der Teilfonds investiert mindestens 0% in Übergangstätigkeiten und ermöglichende Tätigkeiten.
Wie hoch ist der Mindestanteil nachhaltiger Investitionen mit einem Umweltziel, die nicht mit der EU-Taxonomie konform sind?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Umweltziel, das nicht mit der EU-Taxonomie konform ist.
Die Anlagen können zwar mit der EU-Taxonomie konform sein, aber der Investmentmanager ist derzeit nicht in der Lage, den genauen Anteil der Anlagen des Teilfonds anzugeben, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftstätigkeiten berücksichtigen. Die Position wird jedoch weiterhin überprüft, wenn die zugrunde liegenden Regeln festgelegt sind und im Laufe der Zeit mehr zuverlässige Daten zur Verfügung stehen.
¹ Tätigkeiten im Bereich fossiles Gas und/oder Kernenergie sind nur dann EU-taxonomiekonform, wenn sie zur Eindämmung des Klimawandels („Klimaschutz“) beitragen und kein Ziel der EU-Taxonomie erheblich beeinträchtigen – siehe Erläuterung am linken Rand. Die vollständigen Kriterien für EU-taxonomiekonforme Wirtschaftstätigkeiten im Bereich fossiles Gas und Kernenergie sind in der Delegierten Verordnung (EU) 2022/1214 der Kommission festgelegt.
Wie hoch ist der Mindestanteil der sozial nachhaltigen Investitionen?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Sozialziel.
Welche Investitionen fallen unter ,,#2 Andere Investitionen", welcher Anlagezweck wird mit ihnen verfolgt und gibt es einen ökologischen oder sozialen Mindestschutz?
Die verbleibenden Anlagen des Teilfonds erfolgen in Instrumenten, die zum Finanzziel des Teilfonds passen, und für Liquiditätszwecke in liquiden Mitteln und liquiden Mitteln gleichstehenden Mitteln sowie in Derivaten, die als Anlagen und für eine effiziente Portfolioverwaltung eingesetzt werden können.
Zur Gewährleistung eines Mindestmaßes an Umwelt- und Sozialabsicherungen wendet der Teilfonds die Ausschlusskriterien an.

###### Wurde ein Index als Referenzwert bestimmt, um festzustellen, ob dieses Finanzprodukt auf die beworbenen ökologischen und/oder sozialen Merkmale ausgerichtet ist?
Es wird kein bestimmter Index als Referenzbenchmark angegeben, um festzustellen, ob dieses Finanzprodukt zu den geförderten Umwelt- oder Sozialeigenschaften passt.
Bei den Referenzwerten handelt es sich um Indizes, mit denen gemessen wird, ob das Finanzprodukt die beworbenen ökologischen oder sozialen Merkmale erreicht.
Inwiefern ist der Referenzwert kontinuierlich auf die mit dem Finanzprodukt beworbenen ökologischen und sozialen Merkmale ausgerichtet?
Diese Frage ist hier nicht relevant.
Wie wird die kontinuierliche Ausrichtung der Anlagestrategie auf die Indexmethode sichergestellt?
Diese Frage ist hier nicht relevant.
Wie unterscheidet sich der bestimmte Index von einem relevanten breiten Marktindex?
Diese Frage ist hier nicht relevant.
Wo kann die Methode zur Berechnung des bestimmten Indexes eingesehen werden?
Diese Frage ist hier nicht relevant.

###### 	Wo kann ich im Internet weitere produktspezifische Informationen finden?
Weitere produktspezifische Informationen finden Sie auf der Website: https:/www.fidelity.lu/funds/factsheet/LU0287143605/tab-disclosure#SFDR-disclosure. 
Weitere Informationen zu den hier dargelegten Methoden finden Sie auf der Website: System fürnachhaltiges Investieren (fidelityinternational.com).
Vorvertragliche Informationen zu den in Artikel 9 Absätze 1 bis 4a der Verordnung (EU) 2019/2088 und Artikel 5 Absatz 1 der Verordnung (EU) 2020/852 genannten Finanzprodukten
Name des Produkts:	Unternehmenskennung (LEI- Code):
Fidelity Funds - Sustainable Biodiversity Fund	254900A0NBA2VPEUUK66
| Werden mit diesem Finanzprodukt nachhaltige Investitionen angestrebt? |
| --- |
|  | Ja |  | - Nein
 |
| Es wird damit ein MindestanteiI an nachhaltigen Investitionen mit einem Umweltziel getätigt: 31% in Wirtschaftstätigkeiten, die nach der EU-Taxonomie als ökologisch nachhaltig einzustufen sind in Wirtschaftstätigkeiten, die nach der EU-Taxonomie nicht als ökologisch nachhaltig einzustufen sind Es wird damit ein Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel getätigt: 3% | - Es werden damit ökologische/soziale Merkmale beworben und obwohl keine nachhaltigenInvestitionen angestrebt werden, enthält es einen Mindestanteil von % an nachhaltigen Investitionen.
- mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie als ökologisch nachhaltig einzustufen sind
- mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie nicht als ökologisch nachhaltig einzustufen sind
- mit einem sozialen Ziel
- Es	werden		damit	ökologische/soziale Merkmale	beworben,		aber	keinenachhaltigen Investitionen getätigt.
 |


###### Welches nachhaltige Investitionsziel wird mit diesem Finanzprodukt angestrebt?
Mit Nachhaltigkeitsindikatore n wird gemessen, inwieweit die nachhaltigen Ziele dieses Finanzprodukts erreicht werden.
Der Teilfonds strebt langfristiges Kapitalwachstum durch Investitionen in nachhaltige Anlagen an.
Der Teilfonds ermittelt wie folgt, ob eine Anlage nachhaltig ist:
- Emittenten, die wirtschaftliche Tätigkeiten ausüben, die zu einem oder mehreren der in der EU-Taxonomie festgelegten Umweltziele beitragen und gemäß der EU-Taxonomie als ökologisch nachhaltig gelten; oder
- Emittenten, bei denen der Großteil ihrer Geschäftstätigkeit (mehr als 50% des Umsatzes) zu Umwelt- oder Sozialzielen beiträgt, die mit einem oder mehreren der Ziele der Vereinten Nationen für nachhaltige Entwicklung („SDG“) in Einklang stehen; oder
- Emittenten, die ein Dekarbonisierungsziel festgelegt haben, das mit einem Temperaturanstiegsszenario mit 1,5 Grad oder weniger vereinbar ist (überprüft durch die Science Based Target Initiative oder ein Fidelity Proprietary Climate Rating), das als Beitrag zu Umweltzielen angesehen wird; sofern sie keinen wesentlichen Schaden anrichten, Mindestabsicherungen bieten und gute Governance-Kriterien aufweisen.

Der Investmentmanager wählt Emittenten auf der Grundlage des Beitrags ihrer wirtschaftlichen Aktivitäten zu ökologischen oder sozialen Zielen aus, die mit den SDGs in Einklang stehen.
Die SDGs umfassen eine Reihe von Zielen, die von den Vereinten Nationen veröffentlicht wurden und in denen anerkannt wird, dass die Beendigung der Armut und anderer Entbehrungen mit Verbesserungen in den Bereichen Gesundheit und Bildung, Wirtschaftswachstum und dem Abbau von Ungleichheiten einhergehen muss, während gleichzeitig der Klimawandel bekämpft und auf den Schutz der Ozeane und Wälder des Planeten hingearbeitet werden muss. Weitere Informationen finden Sie auf der Website der Vereinten Nationen: https://sdgs.un.org/goals .
Zu den umweltorientierten SDGs gehören sauberes Wasser und Abwasserentsorgung, erschwingliche und saubere Energie, verantwortungsvoller Konsum und Produktion sowie der Klimaschutz. Zu den auf soziale Fragen ausgerichteten SDGs gehören die Bekämpfung von Armut, die Ausrottung von Hungersnöten, Wirtschaftswachstum und produktive Beschäftigung, Industrie, Innovation und Infrastruktur sowie die Sicherheit und Nachhaltigkeit von Städten und Gemeinden.
Es wurde keine Benchmark angegeben, um festzustellen, ob das nachhaltige Anlageziel erreicht wird.
Welche Nachhaltigkeitsindikatoren werden zur Messung der Erreichung des nachhaltigen Investitionsziels dieses Finanzprodukts herangezogen?
Der Teilfonds verwendet die folgenden Nachhaltigkeitsindikatoren, um feststellen, ob das von ihm geförderte nachhaltige Anlageziel erreicht wird:
- der Prozentsatz des Teilfonds, der in nachhaltige Anlagen investiert ist;
- der Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit einem Sozialziel bei Wirtschaftsaktivitäten investiert ist, die gemäß der EU-Taxonomie als ökologisch nachhaltig gelten;
- der Prozentsatz des Teilfonds, der in nachhaltige Anlagen bei wirtschaftlichen Aktivitäten mit einem Umweltziel investiert ist, das im Sinne der EU-Taxonomie nicht als ökologisch nachhaltig gilt;
- der Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit einem Sozialziel investiert ist; und
- der Prozentsatz des Teilfonds, der in Anlagen bei Wirtschaftsaktivitäten investiert ist, die gemäß den (nachfolgend definierten) Ausschlusskriterien ausgeschlossen werden.

Wie wird erreicht, dass nachhaltige Investitionen nicht zu einer erheblichen Beeinträchtigung des ökologischen oder sozialen nachhaltigen Investitionsziels führen?
Nachhaltige Anlagen werden auf ihre Beteiligung an Aktivitäten überprüft, die erheblichen Schaden und Kontroversen verursachen, und durch eine Kontrolle bewertet, ob der Emittent Mindestabsicherungen und -standards hinsichtlich der wichtigsten nachteiligen Auswirkungen (PAI) sowie für die Leistung bei den PAI-Kennzahlen umsetzt bzw. erfüllt. Dazu gehören:
- Normenbasierte Filterkriterien – das Filtern von Wertpapieren, die gemäß den bestehenden (unten beschriebenen) normenbasierten Filterkriterien von Fidelity ermittelt wurden, anhand von:
- aktivitätsbasierten Filterkriterien – das Filtern von Emittenten auf der Grundlage ihrer Beteiligung an Aktivitäten mit erheblichen negativen Auswirkungen auf die Gesellschaft oder die Umwelt, darunter Emittenten, bei denen aufgrund der Filterkriterien für Kontroversen eine„sehr gravierende“ Kontroverse vorliegt, die im Bereich
- Umwelt,
- Menschenrechte und Gemeinschaften,
- Arbeitnehmerrechte und Lieferkette,
- Kunden,
- Governance angesiedelt ist; und anhand von
	- PAI-Indikatoren. Quantitative Daten (sofern verfügbar) zu PAI-Indikatoren werden verwendet, um zu bewerten, ob ein Emittent an Aktivitäten beteiligt ist, die einem Umwelt- oder Sozialziel erheblichen Schaden zufügen.


Bei den wichtigsten nachteiligen Auswirkungen handelt es sich um die bedeutendsten nachteiligen Auswirkungen von Investitionsentscheidun- gen auf NachhaItigkeitsfaktoren in den Bereichen Umwelt, Soziales und Beschäftigung, Achtung der Menschenrechte und Bekämpfung von Korruption und Bestechung.
Wie wurden die Indikatoren für nachteilige Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Wie oben beschrieben führt Fidelity eine quantitative Bewertung durch, um Emittenten mit einer problematischen Leistung bei PAI-Indikatoren zu ermitteln. Emittenten mit einer niedrigen Punktzahl kommen nur dann für „nachhaltige Anlagen“ infrage, wenn die Fundamentalresearch von Fidelity feststellt, dass der Emittent nicht gegen die Anforderungen verstößt, „keinen wesentlichen Schaden anrichtet“ oder sich auf einem guten Weg befindet, um die nachteiligen Auswirkungen durch effektives Management oder einen Übergang abzumildern.
Wie stehen die nachhaltigen Investitionen mit den OECD-Leitsätzen für multinationale Unternehmen und den Leitprinzipien der Vereinten Nationen für Wirtschaft und Menschenrechte in Einklang?
Es werden normenbasierte Filterkriterien angewendet: Emittenten, bei denen festgestellt wurde, dass sie sich nicht in einer Weise verhalten, die ihrer grundlegenden Verantwortung in den Bereichen Menschenrechte, Arbeit, Umwelt und Korruptionsbekämpfung im Einklang mit internationalen Normen gerecht wird, darunter denjenigen, die in den OECD-Leitsätzen für multinationale Unternehmen, den Leitprinzipien der Vereinten Nationen für Wirtschaft und Menschenrechte, dem UN Global Compact (UNGC) und den Konventionen der Internationalen Arbeitsorganisation (ILO) festgelegt sind, kommen für nachhaltige Investitionen nicht infrage.

###### Werden bei diesem Finanzprodukt die wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Ja
- NeinDie wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren werden mit Hilfe einer Vielzahl von Instrumenten berücksichtigt und in Anlageentscheidungen einbezogen. Hierzu zählen:
- Due Diligence – Analyse, ob die wichtigsten nachteiligen Auswirkungen (PAI) wesentlich undnegativ sind.
- ESG-Rating – Fidelity bezieht sich auf ESG-Ratings, die wesentliche nachteilige Auswirkungen wie CO2-Emissionen, Mitarbeitersicherheit, Bestechung und Korruption sowie Wassermanagement berücksichtigen, und bei den von Staaten ausgegebenen Wertpapieren berücksichtigen die verwendeten Ratings wichtige nachteilige Auswirkungen (PAI) wie CO2-Emissionen, Sozialverstöße und die Meinungsfreiheit.
- Ausschlusskriterien – Bei Direktanlagen in Unternehmen als Emittenten wendet der Teilfonds die (unten definierten) Ausschlusskriterien an, um die wichtigsten nachteiligen Auswirkungen abzumildern. Dazu schließt er schädliche Sektoren aus und verbietet Investitionen in Emittenten, die gegen internationale Standards wie den UNGC verstoßen.
- Mitwirkung – Fidelity nutzt Mitwirkung als ein Instrument, um die wichtigsten nachteiligen Auswirkungen besser zu verstehen und sich unter bestimmten Umständen für die Abmilderung der wichtigsten nachteiligen Auswirkungen einzusetzen. Fidelity beteiligt sich an relevanten individuellen und kollaborativen Engagements, die auf eine Reihe von wichtigen negativen Auswirkungen abzielen (z. B. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Abstimmungsverhalten	 –	Die	Abstimmungsrichtlinie		von	Fidelity	legt	explizite Mindeststandards	für	die	Geschlechtervielfalt	in	den	Leitungsorganen		und		für	die Berücksichtigung des Klimawandels durch die Unternehmensemittenten fest. Fidelity kann auch auf eine Weise abstimmen, dass die wichtigsten nachteiligen Auswirkungen abgemildert werden.
- Vierteljährliche Überprüfungen – Überwachung der wichtigsten nachteiligen Auswirkungen (PAI) durch den vierteljährlichen Überprüfungsprozess des Teilfonds.

Wenn es um die Frage geht, ob Investitionen eine wesentliche nachteilige Auswirkung haben, berücksichtigt Fidelity für jeden Nachhaltigkeitsfaktor spezifische Indikatoren. Diese Indikatoren hängen von der Datenverfügbarkeit ab und können sich mit zunehmender Datenqualität und
-verfügbarkeit weiterentwickeln.
Informationen über die wichtigsten nachteiligen Auswirkungen werden im Jahresbericht des Teilfonds zur Verfügung gestellt.
Die Anlagestrategie dient aIs Richtschnur für Investitionsentscheidun- gen, wobei bestimmte Kriterien wie beispielsweise Investitionsziele oder Risikotoleranz
berücksichtigt werden.

######  Welche Anlagestrategie wird mit diesem Finanzprodukt verfolgt?
Der Teilfonds gehört zur Familie der Fidelity Nachhaltigkeitsfonds und verfolgt eine auf das Nachhaltigkeitsthema fokussierte Strategie. Der Teilfonds investiert in Unternehmen, die einen Beitrag zu Umwelt- oder Sozialzielen leisten und an mindestens einem SDG orientiert sind, die keinen erheblichen Schaden anrichten und Mindestanforderungen an Absicherung und gute Unternehmensführung erfüllen.
Der Teilfonds wählt Unternehmen aus, deren Ziel darin besteht, den Verlust der Biodiversität durch Technologien und Lösungen zu stabilisieren oder einzudämmen, die (unter anderem) die Auswirkungen von Klimawandel, Umweltverschmutzung und übermäßiger Ausbeutung natürlicher Ressourcen verringern. Beispiele für Technologien und Lösungen gegen den Verlust von Biodiversität, die von solchen Unternehmen angeboten werden, sind Elektrofahrzeuge, biologisch abbaubare Materialien sowie Produkte für eine effiziente Landwirtschaft, Abwasserbehandlung, nachhaltige Fischfütterung, reduzierte Landnutzung und nachhaltige Praktiken im Bergbau und in der Energieerzeugung.
Der Teilfonds ist zudem bestrebt, Unternehmen auszuwählen, die durch ihre Produkte und Dienstleistungen oder aufgrund der von ihnen verfolgten Politik bewährte Praktiken anwenden, die zur Stabilisierung oder Eindämmung des Verlustes von Biodiversität beitragen. Die Investitionen werden sich auf die Unternehmen konzentrieren, die nach Einschätzung der Research-Analysten der FIL-Gruppe in ihrem Bereich führende Praktiken im Bereich der Biodiversität einsetzen.
Innerhalb dieses Anlageuniversums wählt der Investmentmanager Aktien mit Hilfe rigoroser Bottom-up-Finanzanalysen und -bewertungen aus, Aktien mit einem Potenzial für hohe Anlagerenditen auszuwählen.
Die Schlüsselkomponenten der Anlagestrategie sind:
- Nachhaltige Anlagen: Mindestens 80% des Vermögens des Teilfonds werden in nachhaltige Anlagen investiert.
- Keinen wesentlichen Schaden anrichten; der Teilfonds wendet die oben dargelegten Kriterien für „Keinen wesentlichen Schaden anrichten“ auf alle im Fonds gehaltenen Direktanlagen an.

(Iii) Mindestabsicherungen; Der Fonds schließt Direktanlagen in Unternehmen aus, die ihre Geschäfte nicht in Übereinstimmung mit anerkannten internationalen Normen betreiben, darunter die OECD-Leitsätze für multinationale Unternehmen, die Leitprinzipien der Vereinten Nationen für Wirtschaft und Menschenrechte, der UN Global Compact (UNGC) und die Konventionen der Internationalen Arbeitsorganisation (ILO).
- Gute Unternehmensführung; Alle Beteiligungsunternehmen des Teilfonds werden auf Kontroversen überprüft, darunter auf Steuer-, Bestechungs- und Korruptionsvorwürfe.
- Ausschlusskriterien; in Bezug auf seine Direktanlagen gilt für den Teilfonds:
	- eine unternehmensweite Ausschlussliste, die Streumunition und Antipersonenlandminen umfasst; und
	- eine prinzipienbasierte Ausschlussrichtlinie, die Folgendes umfasst:
		- normenbasierte Filterung von Emittenten, die nach Ansicht des Investmentmanagers ihre Geschäfte nicht im Einklang mit internationalen Normen, darunter denen des UNGC, durchgeführt haben; und
		- Negativfilterung bestimmter Sektoren, Emittenten oder Praktiken auf der Grundlage konkreter ESG-Kriterien, bei denen zudem Umsatzschwellen angewendet werden können.



Es liegt im Ermessen des Investmentmanagers, unter Berücksichtigung des jeweiligen Anlageprozesses von Zeit zu Zeit zusätzliche Nachhaltigkeits- und Ausschlusskriterien anzuwenden.
Die oben genannten Ausschluss- und Filterkriterien (die „Ausschlusskriterien“) werden möglicherweise von Zeit zu Zeit aktualisiert. Weitere Informationen erhalten Sie auf der Website Sustainable investing framework (fidelityinternational.com).
Darüber hinaus bewertet der Teilfonds die ESG-Ratings (entweder basierend auf externen Ratings oder den ESG-Ratings von Fidelity) von mindestens 90% des Fondsvermögens und das Anlageuniversum des Teilfonds wird wegen des Ausschlusses von Emittenten aufgrund ihrer ESG-Eigenschaften um mindestens 20% reduziert.
Worin bestehen die verbindlichen Elemente der Anlagestrategie, die für die Auswahl der Investitionen zur Erreichung des nachhaltigen Investitionsziels verwendet werden?
Der Teilfonds investiert mindestens 80% seines Vermögens in nachhaltige Anlagen, von denen mindestens 1% ein Umweltziel verfolgen, das sich an der EU-Taxonomie orientiert, mindestens 30% ein Umweltziel (das sich nicht an der EU-Taxonomie orientiert) und mindestens 3% ein Sozialziel;
letzteres allerdings unter der Voraussetzung, dass besagte Investitionen keines dieser Ziele wesentlich gefährden und dass die Beteiligungsunternehmen die Regeln guter Unternehmensführung einhalten.
Im Bestreben, das Anlageziel der Nachhaltigkeit zu erreichen, verpflichtet sich der Teilfonds, Unternehmen auszuwählen, deren wirtschaftliche Tätigkeit zu einem Umwelt- oder Sozialziel beiträgt, das mit einem oder mehreren der SDGs in Einklang steht, wie oben im Abschnitt zur Anlagestrategie beschrieben.
Darüber hinaus bewertet der Teilfonds die ESG-Ratings (entweder auf der Grundlage externer Ratings oder der ESG-Ratings von Fidelity) von mindestens 90% der Vermögenswerte des Teilfonds, und das Anlageuniversum des Teilfonds wird durch den Ausschluss von Emittenten auf der Grundlage ihrer ESG-Eigenschaften um mindestens 20% verkleinert.
Die Verfahrensweisen einer guten
Unternehmensführung umfassen solide Managementstrukturen, die Beziehungen zu den Arbeitnehmern, die Vergütung von Mitarbeitern sowie die Einhaltung der Steuervorschriften.
Wie werden die Verfahrensweisen einer guten Unternehmensführung der Unternehmen, in die investiert wird, bewertet?
Alle Beteiligungsunternehmen werden auf Kontroversen überprüft, darunter auf Steuer-, Bestechungs- und Korruptionsvorwürfe, um dazu beizutragen, die Anforderungen an eine verantwortungsvolle Unternehmensführung für Beteiligungsunternehmen zu erfüllen. In Ergänzung dieser Ausschlusskriterien werden die Governance-Praktiken von Emittenten mittels Fundamental-Research bewertet.
Zu den wichtigsten der analysierten Fragen gehören die Erfolgsbilanz hinsichtlich: Kapitalallokation, finanzieller Transparenz, Transaktionen mit nahestehenden Unternehmen und Personen, Unabhängigkeit und Größe des Vorstands, Vergütung von Führungskräften, Wirtschaftsprüfung und interner Revision, Rechte der Minderheitsaktionäre und anderer Indikatoren.

###### Wie sehen die Vermögensallokation und der Mindestanteil der nachhaltigen Investitionen aus?
Die Vermögensallokation gibt den jeweiligen Anteil der Investitionen in bestimmte Vermögenswerte an.
Taxonomiekonforme Tätigkeiten, ausgedrückt durch den Anteil der:
- Umsatzerlöse, die den Anteil der Einnahmen aus umweltfreundlichenAktivitäten der Unternehmen, in die investiert wird, widerspiegeln
- Investitionsausgaben (CapEx), die die umweltfreundlichen Investitionen der Unternehmen, in die investiert wird, aufzeigen,z.B. für den Übergang zu einer grünen Wirtschaft- Betriebsausgaben (OpEx), die die umweltfreundlichenbetrieblichen Aktivitäten der Unternehmen, in die investiert wird, widerspiegeln(#1 Nachhaltig) Der Teilfonds investiert mindestens 80% seines Vermögens in nachhaltige Anlagen, von denen mindestens 1% ein Umweltziel verfolgen, das an der EU-Taxonomie orientiert ist, mindestens 30% ein Umweltziel (das nicht an der EU-Taxonomie orientiert ist) und mindestens 3% ein Sozialziel haben. Die übrigen nachhaltigen Anlagen des Teilfonds können ein Umwelt- oder Sozialziel verfolgen.

Wie wird durch den Einsatz von Derivaten das nachhaltige lnvestitionsziel erreicht?
Wenn davon ausgegangen wird, dass das einem Derivat zugrunde liegende Wertpapier zum nachhaltigen Anlageziel des Teilfonds beiträgt, darf das Derivat eingesetzt werden, um zur Erreichung des nachhaltigen Anlageziels beizutragen.
In welchem Mindestmaß sind nachhaltige Investitionen mit einem Umweltziel mit der EU-Taxonomie konform?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Umweltziel, die mit der EU-Taxonomie konform sind.
Die Konformität der Anlagen des Teilfonds mit der EU-Taxonomie wird nicht durch Wirtschaftsprüfer oder mittels einer Überprüfung durch Dritte sichergestellt.
Die Ausrichtung der zugrunde liegenden Anlagen des Teilfonds an der EU-Taxonomie wird anhand des Umsatzes gemessen.
Investiert das Finanzprodukt in Aktivitäten im Zusammenhang mit fossilem Gas und/oder Kernenergie, die der EU-Taxonomie¹ entsprechen?
- JaNein
- In fossiles Gas	In Kernenergie¹ Tätigkeiten im Bereich fossiles Gas und/oder Kernenergie sind nur dann EU-taxonomiekonform, wenn sie zur Eindämmung des Klimawandels („Klimaschutz“) beitragen und kein Ziel der EU-Taxonomie erheblich beeinträchtigen – siehe Erläuterung am linken Rand. Die vollständigen Kriterien für EU-taxonomiekonforme Wirtschaftstätigkeiten im Bereich fossiles Gas und Kernenergie sind in der Delegierten Verordnung (EU) 2022/1214 der Kommission festgelegt.

Wie wird durch den Einsatz von Derivaten das nachhaltige lnvestitionsziel erreicht?
Der Teilfonds investiert mindestens 0% in Übergangstätigkeiten und ermöglichende Tätigkeiten.
Wie hoch ist der Mindestanteil nachhaltiger Investitionen mit einem Umweltziel, die nicht mit der EU-Taxonomie konform sind?
Der Teilfonds investiert mindestens 30% in nachhaltige Anlagen mit einem Umweltziel, das nicht mit der EU-Taxonomie konform ist.
Die Anlagen können zwar mit der EU-Taxonomie konform sein, aber der Investmentmanager ist derzeit nicht in der Lage, den genauen Anteil der Anlagen des Teilfonds anzugeben, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftstätigkeiten berücksichtigen. Die Position wird jedoch weiterhin überprüft, wenn die zugrunde liegenden Regeln festgelegt sind und im Laufe der Zeit mehr zuverlässige Daten zur Verfügung stehen.
Wie hoch ist der Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel?
Der Teilfonds investiert mindestens 3% in nachhaltige Anlagen mit einem Sozialziel.
Welche Investitionen fallen unter ,,#2 Nicht nachhaltige Investitionen", welcher
Anlagezweck wird mit ihnen verfolgt und gibt es einen ökologischen oder sozialen Mindestschutz?
Investitionen, die unter „# 2 Nicht nachhaltig“ genannt werden, können erfolgen in: liquide Mittel, Geldmarktinstrumente, Absicherungsgeschäfte und Geschäfte für effiziente Portfolioverwaltung.
Darüber hinaus darf keine der Direktanlagen des Teilfonds eines der Ausschlusskriterien erfüllen und den Umwelt- oder Sozialzielen keinen nennenswerten Schaden zufügen. Die entsprechenden Unternehmen müssen gute Governance-Praktiken einhalten und dürfen die Verwirklichung des Anlageziels „Nachhaltigkeit“ nicht beeinträchtigen.

###### Wurde zur Erreichung des nachhaltigen Investitionsziels ein bestimmter Index als Referenzwert bestimmt?
Es wird kein bestimmter Index als Benchmark angegeben, um festzustellen, ob das nachhaltige Anlageziel erreicht wird.
Bei den Referenzwerten handelt es sich um Indizes, mit denen gemessen wird, ob das nachhaltige Investitionsziel des Finanzprodukts erreicht wird.
Inwiefern werden bei dem Referenzwert Nachhaltigkeitsfaktoren kontinuierlich im Einklang mit dem nachhaltigen Investitionsziel berücksichtigt?
Diese Frage ist hier nicht relevant.
Wie wird die kontinuierliche Ausrichtung der Anlagestrategie auf die Indexmethode sichergestellt?
Diese Frage ist hier nicht relevant.
Wie unterscheidet sich der bestimmte Index von einem relevanten breiten Marktindex?
Diese Frage ist hier nicht relevant.
Wo kann die Methode zur Berechnung des bestimmten Indexes eingesehen werden?
Diese Frage ist hier nicht relevant.

###### 	Wo kann ich im Internet weitere produktspezifische Informationen finden?
Weitere produktspezifische Informationen finden Sie auf der Website: https:/www.fidelity.lu/funds/factsheet/LU2514100978/tab-disclosure#SFDR-disclosure. 
Weitere Informationen zu den hier dargelegten Methoden finden Sie auf der Website: System fürnachhaltiges Investieren (fidelityinternational.com).
Vorvertragliche Informationen zu den in Artikel 8 Absätze 1, 2 und 2a der Verordnung (EU) 2019/2088 und Artikel 6 Absatz 1 der Verordnung (EU) 2020/852 genannten Finanzprodukten
Name des Produkts:	Unternehmenskennung (LEI- Code):
Fidelity Funds - Sustainable Consumer Brands Fund	549300213EH7YILB9X45

###### Ökologische und/oder soziale Merkmale
| Werden mit diesem Finanzprodukt nachhaltige Investitionen angestrebt? |
| --- |
|  | - Ja
 |  | Nein |
| - Es wird damit ein MindestanteiI an nachhaltigen Investitionen mit einem Umweltziel getätigt:%
	- in Wirtschaftstätigkeiten, die nach derEU-Taxonomie als ökologisch nachhaltig einzustufen sind

- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie nicht als ökologisch nachhaltig einzustufen sind
- Es wird damit ein Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel getätigt:%
 | Es werden damit ökologische/soziale Merkmale beworben und obwohl keine nachhaltigen Investitionen angestrebt werden, enthält es einen Mindestanteil von 30% an nachhaltigen Investitionen. - mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie als ökologisch nachhaltig einzustufen sindmit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie nicht als ökologisch nachhaltig einzustufen sindmit einem sozialen Ziel
- Es	werden		damit	ökologische/soziale Merkmale	beworben,		aber	keinenachhaltigen Investitionen getätigt.
 |

Welche ökologischen und/ oder sozialen Merkmale werden mit diesem Finanzprodukt beworben?
Mit Nachhaltigkeitsin- dikatoren wird gemessen, inwieweit die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht werden.
Der Teilfonds fördert Umwelt- und Sozialeigenschaften, indem er in Wertpapiere von Emittenten mit guten ESG-Eigenschaften investiert. Gute ESG-Eigenschaften werden anhand von ESG-Ratings ermittelt.
Der Teilfonds strebt langfristiges Kapitalwachstum hauptsächlich durch Anlagen in Aktien von Unternehmen aus aller Welt und somit auch aus Ländern an, die als Schwellenländer gelten, und die mit dem Thema der Konsumgütermarken verbunden sind (d. h. Unternehmen mit geistigem Eigentum, Preismacht und einer starken Wachstumsbilanz). Zu den Anlagen gehören unter anderem Unternehmen, die sich mit der Entwicklung, der Herstellung, dem Marketing und/oder dem Vertrieb von Markenkonsumgütern und/oder -dienstleistungen befassen.
Der Teilfonds ist in gewissem Maße bestrebt, nachhaltige Anlagen zu tätigen.
Es wird keine Referenzbenchmark festgelegt, um die geförderten Umwelt- und Sozialeigenschaften zu erreichen.
einzelnen ökologischen oder sozialen Merkmale, die durch dieses Finanzprodukt beworben werden, herangezogen?
Der Teilfonds verwendet die folgenden Nachhaltigkeitsindikatoren, um die Ausprägung der von ihm geförderten Umwelt- oder Sozialeigenschaften zu messen:
- der  Prozentsatz des Teilfonds, der in Wertpapieren von Emittenten mit guten ESG-Eigenschaften im Einklang mit dem System für nachhaltiges Investieren von Fidelity investiert ist;
- der Prozentsatz des Teilfonds, der in Wertpapiere von Emittenten investiert ist, auf die Ausschlusskriterien (wie unten definiert) zutreffen;
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen investiert ist; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel bei Wirtschaftsaktivitäten investiert ist, die gemäß der EU-Taxonomie als ökologisch nachhaltig gelten; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel investiert ist.

Welches sind die Ziele der nachhaltigen Investitionen, die mit dem
Finanzprodukt teilweise getätigt werden sollen, und wie trägt die nachhaltige Investition zu diesen Zielen bei?
Der Teilfonds ermittelt wie folgt, ob eine Anlage nachhaltig ist:
- Emittenten, die wirtschaftliche Tätigkeiten ausüben, die zu einem oder mehreren der in der EU-Taxonomie festgelegten Umweltziele beitragen und gemäß der EU-Taxonomie als ökologisch nachhaltig gelten; oder
- Emittenten, bei denen der Großteil ihrer Geschäftstätigkeit (mehr als 50% des Umsatzes) zu Umwelt- oder Sozialzielen beiträgt, die mit einem oder mehreren der Ziele der Vereinten Nationen für nachhaltige Entwicklung („SDG“) in Einklang stehen; oder
- Emittenten, die ein Dekarbonisierungsziel festgelegt haben, das mit einem Temperaturanstiegsszenario mit 1,5 Grad oder weniger vereinbar ist (überprüft durch die Science Based Target Initiative oder ein Fidelity Proprietary Climate Rating), das als Beitrag zu Umweltzielen angesehen wird;sofern sie keinen wesentlichen Schaden anrichten, Mindestabsicherungen bieten und gute Governance-Kriterien aufweisen.

teilweise getätigt werden sollen, keinem der ökologischen oder sozialen nachhaltigen Anlageziele erheblich schaden?
Nachhaltige Anlagen werden auf ihre Beteiligung an Aktivitäten überprüft, die erheblichen Schaden und Kontroversen verursachen, und durch eine Kontrolle bewertet, ob der Emittent Mindestabsicherungen und -standards hinsichtlich der wichtigsten nachteiligen Auswirkungen (PAI) sowie für die Leistung bei den PAI-Kennzahlen umsetzt bzw. erfüllt. Dazu gehören:
- Normenbasierte Filterkriterien – das Filtern von Wertpapieren, die gemäß den bestehenden (unten beschriebenen) normenbasierten Filterkriterien von Fidelity ermittelt wurden, anhand von:
- aktivitätsbasierten Filterkriterien – das Filtern von Emittenten auf der Grundlage ihrer Beteiligung an Aktivitäten mit erheblichen negativen Auswirkungen auf die Gesellschaft oder die Umwelt, darunter Emittenten, bei denen aufgrund der Filterkriterien für Kontroversen eine„sehr gravierende“ Kontroverse vorliegt, die im Bereich
- Umwelt,
- Menschenrechte und Gemeinschaften,
- Arbeitnehmerrechte und Lieferkette,
- Kunden,
- Governance angesiedelt ist; und anhand von
	- PAI-Indikatoren. Quantitative Daten (sofern verfügbar) zu PAI-Indikatoren werden verwendet, um zu bewerten, ob ein Emittent an Aktivitäten beteiligt ist, die einem Umwelt- oder Sozialziel erheblichen Schaden zufügen.


Bei den wichtigsten nachteiligen Auswirkungen handelt es sich um die bedeutendsten nachteiligen Auswirkungen von Investitionsentscheidun- gen auf NachhaItigkeitsfaktoren in den Bereichen Umwelt, Soziales und Beschäftigung, Achtung der Menschenrechte und Bekämpfung von Korruption und Bestechung.
Wie wurden die Indikatoren für nachteilige Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Für nachhaltige Anlagen, wie oben beschrieben, führt Fidelity eine quantitative Bewertung durch, um Emittenten mit einer problematischen Leistung bei PAI-Indikatoren zu ermitteln. Emittenten mit einer niedrigen Punktzahl kommen nur dann für „nachhaltige Anlagen“ infrage, wenn die Fundamentalresearch von Fidelity feststellt, dass der Emittent nicht gegen die Anforderungen verstößt, „keinen wesentlichen Schaden anrichtet“ oder sich auf einem Weg befindet, um die nachteiligen Auswirkungen durch effektives Management oder einen Übergang abzumildern.
Wie stehen die nachhaltigen Investitionen mit den OECD-Leitsätzen für multinationale Unternehmen und den Leitprinzipien der Vereinten Nationen für Wirtschaft und
Menschenrechte in Einklang? Nähere Angaben:
Es werden normenbasierte Filterkriterien angewendet: Emittenten, bei denen festgestellt wurde, dass sie sich nicht in einer Weise verhalten, die ihrer grundlegenden Verantwortung in den Bereichen Menschenrechte, Arbeit, Umwelt und Korruptionsbekämpfung im Einklang mit internationalen Normen gerecht wird, darunter denjenigen, die in den OECD-Leitsätzen für multinationale Unternehmen, den Leitprinzipien der Vereinten Nationen für Wirtschaft und Menschenrechte, dem UN Global Compact (UNGC) und den IAO-Standards der Internationalen Arbeitsorganisation (ILO) festgelegt sind, kommen für nachhaltige Investitionen nicht infrage.
In der EU-Taxonomie ist der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" festgelegt, nach dem taxonomiekonforme Investitionen die Ziele der EU-Taxonomie nicht erheblich beeinträchtigen dürfen, und es sind spezifische EU-Kriterien beigefügt. Der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" findet nur bei denjenigen dem Finanzprodukt zugrunde liegenden Investitionen Anwendung, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten berücksichtigen. Die dem verbleibenden Teil dieses  Finanzprodukts  zugrunde liegenden Investitionen berücksichtigen nicht die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten. Alle anderen nachhaltigen Investitionen dürfen ökologische oder soziale Ziele ebenfalls nicht erheblich beeinträchtigen.

###### Werden bei diesem Finanzprodukt die wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Ja
- NeinDie wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren werden mit Hilfe einer Vielzahl von Instrumenten berücksichtigt und in Anlageentscheidungen einbezogen. Hierzu zählen:
- Due Diligence – Analyse, ob die wichtigsten nachteiligen Auswirkungen (PAI) wesentlich und negativ sind.
- ESG-Rating – Fidelity bezieht sich auf ESG-Ratings, die wesentliche nachteilige Auswirkungen wie CO2-Emissionen, Mitarbeitersicherheit, Bestechung und Korruption sowie Wassermanagement berücksichtigen, und bei den von Staaten ausgegebenen Wertpapieren berücksichtigen die verwendeten Ratings wichtige nachteilige Auswirkungen (PAI) wie CO2-Emissionen, Sozialverstöße und die Meinungsfreiheit.
- Ausschlusskriterien – Bei Direktanlagen in Unternehmen als Emittenten wendet der Teilfonds die (unten definierten) Ausschlusskriterien an, um die wichtigsten nachteiligen Auswirkungen abzumildern. Dazu schließt er schädliche Sektoren aus und verbietet Investitionen in Emittenten, die gegen internationale Standards wie den UNGC verstoßen.
- Mitwirkung – Fidelity nutzt Mitwirkung als ein Instrument, um die wichtigsten nachteiligen Auswirkungen besser zu verstehen und sich unter bestimmten Umständen für die Abmilderung der wichtigsten nachteiligen Auswirkungen einzusetzen. Fidelity beteiligt sich an relevanten individuellen und kollaborativen Arten der Mitwirkung, die auf eine Reihe von wichtigen negativen Auswirkungen abzielen (z. B. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Abstimmungsverhalten – Die Abstimmungspolitik von Fidelity umfasst bei Unternehmen als Emittenten explizite Mindeststandards für die Geschlechtervielfalt im Aufsichtsrat und die Auseinandersetzung mit dem Klimawandel. Fidelity kann auch auf eine Weise abstimmen, dass die wichtigsten nachteiligen Auswirkungen abgemildert werden.
- Vierteljährliche Überprüfungen – Überwachung der wichtigsten nachteiligen Auswirkungen (PAI) durch den vierteljährlichen Überprüfungsprozess des Teilfonds.

Wenn es um die Frage geht, ob Investitionen eine wesentliche nachteilige Auswirkung haben, berücksichtigt Fidelity für jeden Nachhaltigkeitsfaktor spezifische Indikatoren. Diese Indikatoren hängen von der Datenverfügbarkeit ab und können sich mit zunehmender Datenqualität und
-verfügbarkeit weiterentwickeln.
Informationen über die wichtigsten nachteiligen Auswirkungen werden im Jahresbericht des Teilfonds zur Verfügung gestellt.

###### Welche Anlagestrategie wird mit diesem Finanzprodukt verfolgt?
Die Anlagestrategie dient aIs Richtschnur für Investitionsentscheidun- gen, wobei bestimmte Kriterien wie beispielsweise Investitionsziele oder Risikotoleranz
berücksichtigt werden.
Der Teilfonds ist bestrebt, Anlegern ein langfristiges Kapitalwachstum vor allem durch Investitionen in Wertpapiere von Unternehmen auf der ganzen Welt zu ermöglichen, zu denen auch solche aus Ländern gehören, die als Schwellenländer gelten, und die mit dem Thema der zukünftigen Verbrauchermarken (d.h. Unternehmen mit geistigem Eigentum, Preismacht und einer Vorgeschichte mit starkem Wachstum) verbunden sind. Zu den Anlagen gehören unter anderem Unternehmen, die sich mit der Entwicklung, der Herstellung, dem Marketing und/oder dem Vertrieb von Markenkonsumgütern und/oder -dienstleistungen befassen.
Der Teilfonds ist Teil der Familie der Nachhaltigkeitsfonds von Fidelity und verfolgt eine am Nachhaltigkeitsthema ausgerichtete Strategie, bei der mindestens 90% des Fondsvermögens daraufhin analysiert werden, ob es gute ESG-Eigenschaften aufweist, und mindestens 70% des Fondsvermögens in Wertpapiere mit guten ESG-Eigenschaften investiert werden.
Ob ESG-Eigenschaften gut sind, wird anhand von ESG-Ratings externer Agenturen und von Fidelity ESG-Ratings ermittelt.
Emittenten, deren Rating sie für die Zwecke des Primärziels (mindestens 70% des Vermögens) als ungeeignet zur Einstufung als Unternehmen mit guten ESG-Eigenschaften erscheinen lässt, können im Umfang von bis zu 30% des Nettovermögens aufgenommen werden, sofern sie nachweisen können, dass sie sich hinsichtlich ihrer ESG-Eigenschaften auf dem Weg der Besserung befinden.
Bei der Auswahl der Anlagen wird das Anlageuniversum des Teilfonds durch den Ausschluss von Emittenten aufgrund ihrer ESG-Eigenschaften um mindestens 20% verkleinert.
In Bezug auf seine Direktanlagen berücksichtigt der Teilfonds:
- eine unternehmensweite Ausschlussliste, die Streumunition und Antipersonenminen umfasst, und
- eine prinzipienbasierte Ausschlussrichtlinie, die Folgendes beinhaltet:
	- eine normenbasierte Überprüfung von Emittenten, die nach Auffassung des Anlageverwalters ihre Geschäfte nicht in Übereinstimmung mit internationalen Normen, darunter dem im UNGC festgelegten, geführt haben; und
	- ein Filterkriterium, durch das bestimmte Sektoren, Emittenten oder Praktiken auf der Grundlage konkreter ESG-Kriterien ausgeschlossen werden können, wobei für diese Kriterien möglicherweise auch Erlösschwellen angewendet werden.


Die oben genannten Ausschluss- und Filterkriterien (die „Ausschlusskriterien“) werden möglicherweise von Zeit zu Zeit aktualisiert. Weitere Informationen erhalten Sie auf der Website Sustainable investing framework (fidelityinternational.com).
Es steht zudem im Ermessen des Investmentmanagers, von Zeit zu Zeit erweiterte, strengere Nachhaltigkeitsanforderungen und Ausschlusskriterien anzuwenden.
Worin bestehen die verbindlichen Elemente der Anlagestrategie, die für die Auswahl der Investitionen zur Erfüllung der beworbenen ökologischen oder sozialen Ziele verwendet werden?
Der Teilfonds investiert:
- mindestens 70% seines  Vermögens  in  Wertpapiere von  Emittenten  mit  guten ESG-Eigenschaften,
- mindestens 30% in nachhaltige Anlagen, von denen 0% ein Umweltziel aufweisen, das sich an der EU-Taxonomie orientiert, mindestens 10% ein Umweltziel, das sich nicht an der EU-Taxonomie orientiert, und mindestens 5% ein Sozialziel verfolgen.

Mindestens 90% des Nettovermögens des Teilfonds werden dahingehend untersucht, ob sie gute ESG-Eigenschaften aufweisen. Bei der Auswahl der Anlagen wird das Anlageuniversum des Teilfonds durch den Ausschluss von Emittenten aufgrund ihrer ESG-Eigenschaften um mindestens 20% verkleinert.
Darüber hinaus wird der Teilfonds die oben beschriebenen Ausschlusskriterien wie oben beschrieben auf Direktanlagen anwenden.
Um welchen Mindestsatz wird der Umfang der vor der Anwendung dieser Anlagestrategie in Betracht gezogenen Investitionen reduziert?
Bei der Auswahl der Anlagen wird das Anlageuniversum des Teilfonds durch den Ausschluss von Emittenten aufgrund ihrer ESG-Eigenschaften um mindestens 20% verkleinert.
Die Verfahrensweisen einer guten
Unternehmensführung umfassen solide Managementstrukturen, die Beziehungen zu den Arbeitnehmern, die Vergütung von Mitarbeitern sowie die Einhaltung der Steuervorschriften.
Wie werden die Verfahrensweisen einer guten Unternehmensführung der Unternehmen, in die investiert wird, bewertet?
Die Governance-Praktiken von Emittenten werden anhand von Fundamental-Research bewertet, wozu ESG-Ratings von Fidelity, Daten zu Kontroversen und Verstößen gegen den UN Global Compact gehören.
Zu den wichtigsten der analysierten Fragen gehören die Erfolgsbilanz hinsichtlich: Kapitalallokation, finanzieller Transparenz, Transaktionen mit nahe stehenden Unternehmen und Personen, Unabhängigkeit und Größe des Vorstands, Vergütung von Führungskräften, Wirtschaftsprüfung und interne Revision, Rechte der Minderheitsaktionäre und anderen Indikatoren.

###### Welche Vermögensallokation ist für dieses Finanzprodukt geplant?
Die Vermögensallokation gibt den jeweiligen Anteil der Investitionen in bestimmte Vermögenswerte an.
Taxonomiekonforme Tätigkeiten, ausgedrückt durch den Anteil der:
- Umsatzerlöse, die den Anteil der Einnahmen aus umweltfreundlichenAktivitäten der Unternehmen, in die investiert wird, widerspiegeln
- Investitionsausgaben (CapEx), die die umweltfreundlichen Investitionen der Unternehmen, in die investiert wird, aufzeigen,z.B. für den Übergang zu einer grünen Wirtschaft- Betriebsausgaben (OpEx), die die umweltfreundlichenbetrieblichen Aktivitäten der Unternehmen, in die investiert wird, widerspiegeln(#1 Ausgerichtet an E/S-Eigenschaften) Der Teilfonds investiert:
- mindestens 70% seines	Vermögens	in	Wertpapiere	von	Emittenten	mit	guten ESG-Eigenschaften,
- mindestens 30% seines Vermögens in nachhaltige (#1A nachhaltig) Anlagen, von denen mindestens 0% ein Umweltziel verfolgen (das an der EU-Taxonomie ausgerichtet ist), mindestens 10% ein Umweltziel haben (das nicht an der EU-Taxonomie ausgerichtet ist) und mindestens 5% ein Sozialziel haben. Die übrigen nachhaltigen Anlagen des Teilfonds können ein Umwelt- oder Sozialziel verfolgen.

Sonstige Umweltziele 10%
(#1B Sonstige E/S-Eigenschaften) Umfasst Wertpapiere von Emittenten mit guten ESG-Eigenschaften, die aber keine nachhaltigen Anlagen sind.
#1A Nachhaltige
Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale
70%
Investitionen 30%
#1B Andere ökologische oder soziale Merkmale
Soziales 5%
#2 Andere Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst Investitionen des Finanzprodukts, die zur Erreichung der beworbenen ökologischen oder sozialen Merkmale getätigt wurden.
#2 Andere Investitionen umfasst die übrigen Investitionen des Finanzprodukts, die weder auf ökologische oder soziale Merkmale ausgerichtet sind noch als nachhaltige Investitionen eingestuft werden.
Die Kategorie #1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst folgende Unterkategorien:
Die Unterkategorie #1A Nachhaltige Investitionen umfasst nachhaltige Investitionen mit ökologischen oder sozialen Zielen.
Die Unterkategorie #1B Andere ökologische oder soziale Merkmale umfasst Investitionen, die auf ökologische oder soziale Merkmale ausgerichtet sind, aber nicht als nachhaltige Investitionen eingestuft werden.
Inwiefern werden durch den Einsatz von Derivaten die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht?
Wenn das einem Derivat zugrunde liegende Wertpapier im Einklang mit dem System für nachhaltiges Investieren von Fidelity gute ESG-Eigenschaften aufweist, darf das Derivat zur Feststellung des Teilfondsanteils berücksichtigt werden, der Umwelt- oder Sozialeigenschaften fördert.
In welchem Mindestmaß sind nachhaltige Investitionen mit einem Umweltziel mit der EU-Taxonomie konform?
Der Teilfonds investiert mindestens 0% in nachhaltige Anlagen mit einem Umweltziel, die mit der EU-Taxonomie konform sind.
Die Konformität der Anlagen des Teilfonds mit der EU-Taxonomie wird nicht durch Wirtschaftsprüfer oder mittels einer Überprüfung durch Dritte sichergestellt.
Die Ausrichtung der zugrunde liegenden Anlagen des Teilfonds an der EU-Taxonomie wird anhand des Umsatzes gemessen.
Investiert das Finanzprodukt in Aktivitäten im Zusammenhang mit fossilem Gas und/oder Kernenergie, die der EU-Taxonomie¹ entsprechen?
- JaNein
- In fossiles Gas	In KernenergieWie hoch ist der Mindestanteil der Investitionen in Übergangstätigkeiten und ermöglichende Tätigkeiten?

Der Teilfonds investiert mindestens 0% in Übergangstätigkeiten und ermöglichende Tätigkeiten.
Wie hoch ist der Mindestanteil nachhaltiger Investitionen mit einem Umweltziel, die nicht mit der EU-Taxonomie konform sind?
Der Teilfonds investiert mindestens 10% in nachhaltige Anlagen mit einem Umweltziel, das nicht mit der EU-Taxonomie konform ist.
Die Anlagen können zwar mit der EU-Taxonomie konform sein, aber der Investmentmanager ist derzeit nicht in der Lage, den genauen Anteil der Anlagen des Teilfonds anzugeben, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftstätigkeiten berücksichtigen. Die Position wird jedoch weiterhin überprüft, wenn die zugrunde liegenden Regeln festgelegt sind und im Laufe der Zeit mehr zuverlässige Daten zur Verfügung stehen.
¹ Tätigkeiten im Bereich fossiles Gas und/oder Kernenergie sind nur dann EU-taxonomiekonform, wenn sie zur Eindämmung des Klimawandels („Klimaschutz“) beitragen und kein Ziel der EU-Taxonomie erheblich beeinträchtigen – siehe Erläuterung am linken Rand. Die vollständigen Kriterien für EU-taxonomiekonforme Wirtschaftstätigkeiten im Bereich fossiles Gas und Kernenergie sind in der Delegierten Verordnung (EU) 2022/1214 der Kommission festgelegt.
Wie hoch ist der Mindestanteil der sozial nachhaltigen Investitionen?
Der Teilfonds investiert mindestens 5% in nachhaltige Anlagen mit einem Sozialziel.
Welche Investitionen fallen unter ,,#2 Andere Investitionen", welcher Anlagezweck wird mit ihnen verfolgt und gibt es einen ökologischen oder sozialen Mindestschutz?
Die verbleibenden Anlagen des Teilfonds können in Wertpapieren von Emittenten erfolgen, die nachweisen können, dass sie sich in Bezug auf ihre ESG-Eigenschaften auf einem Kurs der Verbesserung befinden, und für Liquiditätszwecke in liquiden Mitteln und liquiden Mitteln gleichstehenden Mitteln sowie in Derivaten, die als Anlagen und für ein effizientes Portfoliomanagement eingesetzt werden können.
Zur Gewährleistung eines Mindestmaßes an Umwelt- und Sozialabsicherungen wendet der Teilfonds die Ausschlusskriterien an.

###### Wurde ein Index als Referenzwert bestimmt, um festzustellen, ob dieses Finanzprodukt auf die beworbenen ökologischen und/oder sozialen Merkmale ausgerichtet ist?
Es wird kein bestimmter Index als Referenzbenchmark angegeben, um festzustellen, ob dieses Finanzprodukt zu den geförderten Umwelt- oder Sozialeigenschaften passt.
Bei den Referenzwerten handelt es sich um Indizes, mit denen gemessen wird, ob das Finanzprodukt die beworbenen ökologischen oder sozialen Merkmale erreicht.
Inwiefern ist der Referenzwert kontinuierlich auf die mit dem Finanzprodukt beworbenen ökologischen und sozialen Merkmale ausgerichtet?
Diese Frage ist hier nicht relevant.
Wie wird die kontinuierliche Ausrichtung der Anlagestrategie auf die Indexmethode sichergestellt?
Diese Frage ist hier nicht relevant.
Wie unterscheidet sich der bestimmte Index von einem relevanten breiten Marktindex?
Diese Frage ist hier nicht relevant.
Wo kann die Methode zur Berechnung des bestimmten Indexes eingesehen werden?
Diese Frage ist hier nicht relevant.

###### 	Wo kann ich im Internet weitere produktspezifische Informationen finden?
Weitere produktspezifische Informationen finden Sie auf der Website: https:/www.fidelity.lu/funds/factsheet/LU1805238125/tab-disclosure#SFDR-disclosure. 
Weitere Informationen zu den hier dargelegten Methoden finden Sie auf der Website: System fürnachhaltiges Investieren (fidelityinternational.com).
Vorvertragliche Informationen zu den in Artikel 9 Absätze 1 bis 4a der Verordnung (EU) 2019/2088 und Artikel 5 Absatz 1 der Verordnung (EU) 2020/852 genannten Finanzprodukten
Name des Produkts:	Unternehmenskennung (LEI- Code):
Fidelity Funds - Sustainable Climate Solutions Fund	254900B74W1FPUZXHK46
| Werden mit diesem Finanzprodukt nachhaltige Investitionen angestrebt? |
| --- |
|  | Ja |  | - Nein
 |
| Es wird damit ein MindestanteiI an nachhaltigen Investitionen mit einem Umweltziel getätigt: 31% in Wirtschaftstätigkeiten, die nach der EU-Taxonomie als ökologisch nachhaltig einzustufen sind in Wirtschaftstätigkeiten, die nach der EU-Taxonomie nicht als ökologisch nachhaltig einzustufen sind Es wird damit ein Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel getätigt: 3% | - Es werden damit ökologische/soziale Merkmale beworben und obwohl keine nachhaltigenInvestitionen angestrebt werden, enthält es einen Mindestanteil von % an nachhaltigen Investitionen.
- mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie als ökologisch nachhaltig einzustufen sind
- mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie nicht als ökologisch nachhaltig einzustufen sind
- mit einem sozialen Ziel
- Es	werden		damit	ökologische/soziale Merkmale	beworben,		aber	keinenachhaltigen Investitionen getätigt.
 |


###### Welches nachhaltige Investitionsziel wird mit diesem Finanzprodukt angestrebt?
Mit Nachhaltigkeitsindikatore n wird gemessen, inwieweit die nachhaltigen Ziele dieses Finanzprodukts erreicht werden.
Der Teilfonds strebt einen langfristigen Kapitalzuwachs durch Investitionen in nachhaltige Anlagen an.
Der Teilfonds ermittelt wie folgt, ob eine Anlage nachhaltig ist:
- Emittenten, die wirtschaftliche Tätigkeiten ausüben, die zu einem oder mehreren der in der EU-Taxonomie festgelegten Umweltziele beitragen und gemäß der EU-Taxonomie als ökologisch nachhaltig gelten; oder
- Emittenten, bei denen der Großteil ihrer Geschäftstätigkeit (mehr als 50% des Umsatzes) zu Umwelt- oder Sozialzielen beiträgt, die mit einem oder mehreren der Ziele der Vereinten Nationen für nachhaltige Entwicklung („SDG“) in Einklang stehen; oder
- Emittenten, die ein Dekarbonisierungsziel festgelegt haben, das mit einem Temperaturanstiegsszenario mit 1,5 Grad oder weniger vereinbar ist (überprüft durch die Science Based Target Initiative oder ein Fidelity Proprietary Climate Rating), das als Beitrag zu Umweltzielen angesehen wird; sofern sie keinen wesentlichen Schaden anrichten, Mindestabsicherungen bieten und gute Governance-Kriterien aufweisen.

Der  Investmentmanager  wählt  Emittenten  auf  der  Grundlage  des  Beitrags  ihrer wirtschaftlichen Aktivitäten zu Umwelt- oder Sozialzielen aus.
Es wurde keine Benchmark angegeben, um festzustellen, ob das nachhaltige Anlageziel erreicht wird.
Welche Nachhaltigkeitsindikatoren werden zur Messung der Erreichung des nachhaltigen Investitionsziels dieses Finanzprodukts herangezogen?
Der Teilfonds verwendet die folgenden Nachhaltigkeitsindikatoren, um feststellen, ob das von ihm geförderte nachhaltige Anlageziel erreicht wird:
- der Prozentsatz des Teilfonds, der in nachhaltige Anlagen investiert ist;
- der Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit einem Sozialziel bei Wirtschaftsaktivitäten investiert ist, die gemäß der EU-Taxonomie als ökologisch nachhaltig gelten;
- der Prozentsatz des Teilfonds, der in nachhaltige Anlagen bei wirtschaftlichen Aktivitäten mit einem Umweltziel investiert ist, das im Sinne der EU-Taxonomie nicht als ökologisch nachhaltig gilt;
- der Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit einem Sozialziel investiert ist; und
- der Prozentsatz des Teilfonds, der in Anlagen bei Wirtschaftsaktivitäten investiert ist, die gemäß den (nachfolgend definierten) Ausschlusskriterien ausgeschlossen werden.

Wie wird erreicht, dass nachhaltige Investitionen nicht zu einer erheblichen Beeinträchtigung des ökologischen oder sozialen nachhaltigen Investitionsziels führen?
Nachhaltige Anlagen werden auf ihre Beteiligung an Aktivitäten überprüft, die erheblichen Schaden und Kontroversen verursachen, und durch eine Kontrolle bewertet, ob der Emittent Mindestabsicherungen und -standards hinsichtlich der wichtigsten nachteiligen Auswirkungen (PAI) sowie die Leistung bei den PAI-Kennzahlen umsetzt bzw. erfüllt. Dazu gehören:
- Normenbasierte Filterkriterien – das Filtern von Wertpapieren, die gemäß den bestehenden (unten beschriebenen) normenbasierten Filterkriterien von Fidelity ermittelt wurden, anhand von:
- aktivitätsbasierten Filterkriterien – das Filtern von Emittenten auf der Grundlage ihrer Beteiligung an Aktivitäten mit erheblichen negativen Auswirkungen auf die Gesellschaft oder die Umwelt, darunter Emittenten, bei denen aufgrund der Filterkriterien für Kontroversen eine„sehr gravierende“ Kontroverse vorliegt, die im Bereich
- Umwelt,
- Menschenrechte und Gemeinschaften,
- Arbeitnehmerrechte und Lieferkette,
- Kunden,
- Governance angesiedelt ist; und anhand von
	- PAI-Indikatoren. Quantitative Daten (sofern verfügbar) zu PAI-Indikatoren werden verwendet, um zu bewerten, ob ein Emittent an Aktivitäten beteiligt ist, die einem Umwelt- oder Sozialziel erheblichen Schaden zufügen.


Bei den wichtigsten nachteiligen Auswirkungen handelt es sich um die bedeutendsten nachteiligen Auswirkungen von Investitionsentscheidun- gen auf NachhaItigkeitsfaktoren in den Bereichen Umwelt, Soziales und Beschäftigung, Achtung der Menschenrechte und Bekämpfung von Korruption und Bestechung.
Wie wurden die Indikatoren für nachteilige Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Wie oben beschrieben führt Fidelity eine quantitative Bewertung durch, um Emittenten mit einer problematischen Leistung bei PAI-Indikatoren zu ermitteln. Emittenten mit einer niedrigen Punktzahl kommen nur dann für „nachhaltige Anlagen“ infrage, wenn die Fundamentalresearch von Fidelity feststellt, dass der Emittent nicht gegen die Anforderungen verstößt, „keinen wesentlichen Schaden anrichtet“ oder sich auf einem guten Weg befindet, um die nachteiligen Auswirkungen durch effektives Management oder einen Übergang abzumildern.
Wie stehen die nachhaltigen Investitionen mit den OECD-Leitsätzen für multinationale Unternehmen und den Leitprinzipien der Vereinten Nationen für Wirtschaft und Menschenrechte in Einklang?
Es werden normenbasierte Filterkriterien angewendet: Emittenten, bei denen festgestellt wurde, dass sie sich nicht in einer Weise verhalten, die ihrer grundlegenden Verantwortung in den Bereichen Menschenrechte, Arbeit, Umwelt und Korruptionsbekämpfung im Einklang mit internationalen Normen gerecht wird, darunter denjenigen, die in den OECD-Leitsätzen für multinationale Unternehmen, den Leitprinzipien der Vereinten Nationen für Wirtschaft und Menschenrechte, dem UN Global Compact (UNGC) und den IAO-Standards der Internationalen Arbeitsorganisation (ILO) festgelegt sind, kommen für nachhaltige Investitionen nicht infrage.

###### Werden bei diesem Finanzprodukt die wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Ja
- NeinDie wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren werden mit Hilfe einer Vielzahl von Instrumenten berücksichtigt und in Anlageentscheidungen einbezogen. Hierzu zählen:
- Due Diligence – Analyse, ob die wichtigsten nachteiligen Auswirkungen (PAI) wesentlich undnegativ sind.
- ESG-Rating – Fidelity bezieht sich auf ESG-Ratings, die wesentliche nachteilige Auswirkungen wie CO2-Emissionen, Mitarbeitersicherheit, Bestechung und Korruption sowie Wassermanagement berücksichtigen, und bei den von Staaten ausgegebenen Wertpapieren berücksichtigen die verwendeten Ratings wichtige nachteilige Auswirkungen (PAI) wie CO2-Emissionen, Sozialverstöße und die Meinungsfreiheit.
- Ausschlusskriterien – Bei Direktanlagen in Unternehmen als Emittenten wendet der Teilfonds die (unten definierten) Ausschlusskriterien an, um die wichtigsten nachteiligen Auswirkungen abzumildern. Dazu schließt er schädliche Sektoren aus und verbietet Investitionen in Emittenten, die gegen internationale Standards wie den UNGC verstoßen.
- Mitwirkung – Fidelity nutzt Mitwirkung als ein Instrument, um die wichtigsten nachteiligen Auswirkungen besser zu verstehen und sich unter bestimmten Umständen für die Abmilderung der wichtigsten nachteiligen Auswirkungen einzusetzen. Fidelity beteiligt sich an relevanten individuellen und kollaborativen Engagements, die auf eine Reihe von wichtigen negativen Auswirkungen abzielen (z. B. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Abstimmungsverhalten	 –	Die	Abstimmungsrichtlinie		von	Fidelity	legt	explizite Mindeststandards	für	die	Geschlechtervielfalt	in	den	Leitungsorganen		und		für	die Berücksichtigung des Klimawandels durch die Unternehmensemittenten fest. Fidelity kann auch auf eine Weise abstimmen, dass die wichtigsten nachteiligen Auswirkungen abgemildert werden.
- Vierteljährliche Überprüfungen – Überwachung der wichtigsten nachteiligen Auswirkungen (PAI) durch den vierteljährlichen Überprüfungsprozess des Teilfonds.

Wenn es um die Frage geht, ob Investitionen eine wesentliche nachteilige Auswirkung haben, berücksichtigt Fidelity für jeden Nachhaltigkeitsfaktor spezifische Indikatoren. Diese Indikatoren hängen von der Datenverfügbarkeit ab und können sich mit zunehmender Datenqualität und
-verfügbarkeit weiterentwickeln.
Informationen über die wichtigsten nachteiligen Auswirkungen werden im Jahresbericht des Teilfonds zur Verfügung gestellt.
Die Anlagestrategie dient aIs Richtschnur für Investitionsentscheidun- gen, wobei bestimmte Kriterien wie beispielsweise Investitionsziele oder Risikotoleranz
berücksichtigt werden.

######  Welche Anlagestrategie wird mit diesem Finanzprodukt verfolgt?
Der Teilfonds gehört zur Familie der Fidelity Nachhaltigkeitsfonds und verfolgt eine auf das Nachhaltigkeitsthema fokussierte Strategie. Der Teilfonds strebt langfristigen Kapitalzuwachs durch nachhaltige Anlagen an.
Der Teilfonds investiert mindestens 70% seines Vermögens in Aktien von Unternehmen. Der Teilfonds ist bestrebt, in Unternehmen zu investieren, die eine globale Dekarbonisierung mit Hilfe von  Technologien  und  Lösungen  ermöglichen,  durch  die  Treibhausgasemissionen (CO2-Äquivalent) im Vergleich zu etablierten Technologien deutlich reduziert werden.
Bei der aktiven Verwaltung des Teilfonds identifiziert der Investment Manager Anlageideen und stützt sich dabei, um das Anlageuniversum einzugrenzen, auf eine Kombination aus Research von Fidelity, Research von Drittanbietern, Beiträgen aus quantitativen Ausschlusskriterien und Besprechungen mit Unternehmen. Die Aktienresearch und die Aktienauswahl konzentrieren sich, mit Hilfe rigoroser Bottom-up-Finanzanalysen und -bewertungen, auf die Beurteilung des ESG-Profils und der Fundamentaldaten der SDG-Ausrichtung, um Aktien mit Potenzial für hohe Anlagerenditen auszuwählen.
Der Investmentmanager ist bestrebt, als aktiver Eigentümer aufzutreten und mit den im Teilfonds gehaltenen Unternehmen zusammenzuarbeiten, um positive Veränderungen zu fördern.
Die Schlüsselkomponenten der Anlagestrategie sind:
- nachhaltige Anlagen; mindestens 80% der Vermögenswerte werden nachhaltig angelegt.
- Investitionen in Unternehmen, die eine globale Dekarbonisierung mit Hilfe von Technologien und Lösungen ermöglichen, durch die Treibhausgasemissionen (CO2-Äquivalent) im Vergleich zu etablierten Technologien deutlich reduziert werden.
- Keinen wesentlichen Schaden anrichten; der Teilfonds wendet das oben beschriebene Kriterium „Keinen wesentlichen Schaden anrichten“ auf alle im Teilfonds gehaltenen Direktanlagen an.
- Mindestabsicherungen; Der Fonds schließt Direktanlagen in Unternehmen aus, die ihre Geschäfte nicht in Übereinstimmung mit anerkannten internationalen Normen betreiben, darunter die OECD-Leitsätze für multinationale Unternehmen, die Leitprinzipien der Vereinten Nationen für Wirtschaft und Menschenrechte, der UN Global Compact (UNGC) und die Übereinkommen der Internationalen Arbeitsorganisation (ILO).
- Gute Unternehmensführung; Alle Beteiligungsunternehmen des Teilfonds werden auf Kontroversen überprüft, darunter auf Steuer-, Bestechungs- und Korruptionsvorwürfe.
- Ausschlusskriterien; in Bezug auf seine Direktanlagen gilt für den Teilfonds:
	- eine unternehmensweite Ausschlussliste, die Streumunition und Antipersonenlandminen umfasst; und
	- eine prinzipienbasierte Filterungsrichtlinie, die Folgendes umfasst:
		- normenbasierte Filterung von Emittenten, die nach Ansicht des Investmentmanagers ihre Geschäfte nicht im Einklang mit internationalen Normen, darunter der im UNGC festgelegten Normen, durchgeführt haben; und
		- Negativfilterung bestimmter Sektoren, Emittenten oder Praktiken auf der Grundlage konkreter ESG-Kriterien, bei denen zudem Erlösschwellen angewendet werden können.



Es liegt im Ermessen des Investmentmanagers, unter Berücksichtigung des jeweiligen Anlageprozesses von Zeit zu Zeit zusätzliche Nachhaltigkeits- und Ausschlusskriterien anzuwenden.Die oben genannten Ausschluss- und Filterkriterien (die „Ausschlusskriterien“) werden möglicherweise von Zeit zu Zeit aktualisiert.
Die oben genannten Ausschluss- und Filterkriterien (die „Ausschlusskriterien“) werden möglicherweise von Zeit zu Zeit aktualisiert. Weitere Informationen erhalten Sie auf der Website Sustainable investing framework (fidelityinternational.com).
Darüber hinaus bewertet der Teilfonds die ESG-Ratings (entweder basierend auf externen Ratings oder den ESG-Ratings von Fidelity) von mindestens 90% des Fondsvermögens und das Anlageuniversum des Teilfonds wird wegen des Ausschlusses von Emittenten aufgrund ihrer ESG-Eigenschaften um mindestens 20% reduziert.
Worin bestehen die verbindlichen Elemente der Anlagestrategie, die für die Auswahl der Investitionen zur Erreichung des nachhaltigen Investitionsziels verwendet werden?
Der Teilfonds investiert mindestens 80% seines Vermögens in nachhaltige Anlagen, von denen mindestens 1% ein Umweltziel verfolgen, das sich an der EU-Taxonomie orientiert, mindestens 30% ein Umweltziel (das sich nicht an der EU-Taxonomie orientiert) und mindestens 3% ein Sozialziel;
letzteres allerdings unter der Voraussetzung, dass besagte Investitionen keines dieser Ziele wesentlich gefährden und dass die Beteiligungsunternehmen die Regeln guter Unternehmensführung einhalten.
Im Bestreben, das Anlageziel der Nachhaltigkeit zu erreichen, verpflichtet sich der Teilfonds, Unternehmen auszuwählen, deren wirtschaftliche Tätigkeit zu einem Umwelt- oder Sozialziel beiträgt, wie oben im Abschnitt zur Anlagestrategie beschrieben.
Darüber hinaus bewertet der Teilfonds die ESG-Ratings (entweder auf der Grundlage externer Ratings oder der ESG-Ratings von Fidelity) von mindestens 90% der Vermögenswerte des Teilfonds, und das Anlageuniversum des Teilfonds wird durch den Ausschluss von Emittenten auf der Grundlage ihrer ESG-Eigenschaften um mindestens 20% verkleinert.
Die Verfahrensweisen einer guten
Unternehmensführung umfassen solide Managementstrukturen, die Beziehungen zu den Arbeitnehmern, die Vergütung von Mitarbeitern sowie die Einhaltung der Steuervorschriften.
Wie werden die Verfahrensweisen einer guten Unternehmensführung der Unternehmen, in die investiert wird, bewertet?
Alle Beteiligungsunternehmen werden auf Kontroversen überprüft, darunter auf Steuer-, Bestechungs- und Korruptionsvorwürfe, um dazu beizutragen, die Anforderungen an eine verantwortungsvolle Unternehmensführung für Beteiligungsunternehmen zu erfüllen. In Ergänzung dieser Ausschlusskriterien werden die Governance-Praktiken von Emittenten mittels Fundamental-Research bewertet.
Zu den wichtigsten der analysierten Fragen gehören die Erfolgsbilanz hinsichtlich: Kapitalallokation, finanzieller Transparenz, Transaktionen mit nahestehenden Unternehmen und Personen, Unabhängigkeit und Größe des Vorstands, Vergütung von Führungskräften, Wirtschaftsprüfung und interner Revision, Rechte der Minderheitsaktionäre und anderer Indikatoren.

###### Wie sehen die Vermögensallokation und der Mindestanteil der nachhaltigen Investitionen aus?
Die Vermögensallokation gibt den jeweiligen Anteil der Investitionen in bestimmte Vermögenswerte an.
Taxonomiekonforme Tätigkeiten, ausgedrückt durch den Anteil der:
- Umsatzerlöse, die den Anteil der Einnahmen aus umweltfreundlichenAktivitäten der Unternehmen, in die investiert wird, widerspiegeln
- Investitionsausgaben (CapEx), die die umweltfreundlichen Investitionen der Unternehmen, in die investiert wird, aufzeigen,z.B. für den Übergang zu einer grünen Wirtschaft- Betriebsausgaben (OpEx), die die umweltfreundlichenbetrieblichen Aktivitäten der Unternehmen, in die investiert wird, widerspiegeln(#1 Nachhaltig) Der Teilfonds investiert mindestens 80% seines Nettovermögens in nachhaltige Anlagen, von denen mindestens 1% ein Umweltziel verfolgen, das an der EU-Taxonomie orientiert ist, mindestens 30% ein Umweltziel (das nicht an der EU-Taxonomie orientiert ist) und mindestens 3% ein Sozialziel haben. Die übrigen nachhaltigen Anlagen des Teilfonds können ein Umwelt- oder Sozialziel verfolgen.

Wie wird durch den Einsatz von Derivaten das nachhaltige lnvestitionsziel erreicht?
Wenn davon ausgegangen wird, dass das einem Derivat zugrunde liegende Wertpapier zum nachhaltigen Ziel des Fonds beiträgt, darf es eingesetzt werden, um zur Erreichung des Ziels der nachhaltigen Anlage beizutragen.
In welchem Mindestmaß sind nachhaltige Investitionen mit einem Umweltziel mit der EU-Taxonomie konform?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Umweltziel, die mit der EU-Taxonomie konform sind.
Die Konformität der Anlagen des Teilfonds mit der EU-Taxonomie wird nicht durch Wirtschaftsprüfer oder mittels einer Überprüfung durch Dritte sichergestellt.
Die Ausrichtung der zugrunde liegenden Anlagen des Teilfonds an der EU-Taxonomie wird anhand des Umsatzes gemessen.
Investiert das Finanzprodukt in Aktivitäten im Zusammenhang mit fossilem Gas und/oder Kernenergie, die der EU-Taxonomie¹ entsprechen?
Ja
Nein
In fossiles Gas	In Kernenergie
Wie wird durch den Einsatz von Derivaten das nachhaltige lnvestitionsziel erreicht?
Der Teilfonds investiert mindestens 0% in Übergangstätigkeiten und ermöglichende Tätigkeiten.
Wie hoch ist der Mindestanteil nachhaltiger Investitionen mit einem Umweltziel, die nicht mit der EU-Taxonomie konform sind?
Der Teilfonds investiert mindestens 30% in nachhaltige Anlagen mit einem Umweltziel, das nicht mit der EU-Taxonomie konform ist.
Die Anlagen können zwar mit der EU-Taxonomie konform sein, aber der Investmentmanager ist derzeit nicht in der Lage, den genauen Anteil der Anlagen des Teilfonds anzugeben, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftstätigkeiten berücksichtigen. Die Position wird jedoch weiterhin überprüft, wenn die zugrunde liegenden Regeln festgelegt sind und im Laufe der Zeit mehr zuverlässige Daten zur Verfügung stehen.
Wie hoch ist der Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel?
Der Teilfonds investiert mindestens 3% in nachhaltige Anlagen mit einem Sozialziel.
¹ Tätigkeiten im Bereich fossiles Gas und/oder Kernenergie sind nur dann EU-taxonomiekonform, wenn sie zur Eindämmung des Klimawandels („Klimaschutz“) beitragen und kein Ziel der EU-Taxonomie erheblich beeinträchtigen – siehe Erläuterung am linken Rand. Die vollständigen Kriterien für EU-taxonomiekonforme Wirtschaftstätigkeiten im Bereich fossiles Gas und Kernenergie sind in der Delegierten Verordnung (EU) 2022/1214 der Kommission festgelegt.
Welche Investitionen fallen unter ,,#2 Nicht nachhaltige Investitionen", welcher
Anlagezweck wird mit ihnen verfolgt und gibt es einen ökologischen oder sozialen Mindestschutz?
Investitionen, die unter „# 2 Nicht nachhaltig“ genannt werden, können erfolgen in: liquide Mittel, Geldmarktinstrumente, Absicherungsgeschäfte und Geschäfte für effiziente Portfolioverwaltung.
Darüber hinaus darf keine der Direktanlagen des Teilfonds eines der Ausschlusskriterien erfüllen und den Umwelt- oder Sozialzielen keinen nennenswerten Schaden zufügen. Die entsprechenden Unternehmen müssen gute Governance-Praktiken einhalten und dürfen die Verwirklichung des Anlageziels „Nachhaltigkeit“ nicht beeinträchtigen.

###### Wurde zur Erreichung des nachhaltigen Investitionsziels ein bestimmter Index als Referenzwert bestimmt?
Es wird kein bestimmter Index als Benchmark angegeben, um festzustellen, ob das nachhaltige Anlageziel erreicht wird.
Bei den Referenzwerten handelt es sich um Indizes, mit denen gemessen wird, ob das nachhaltige Investitionsziel des Finanzprodukts erreicht wird.
Inwiefern werden bei dem Referenzwert Nachhaltigkeitsfaktoren kontinuierlich im Einklang mit dem nachhaltigen Investitionsziel berücksichtigt?
Diese Frage ist hier nicht relevant.
Wie wird die kontinuierliche Ausrichtung der Anlagestrategie auf die Indexmethode sichergestellt?
Diese Frage ist hier nicht relevant.
Wie unterscheidet sich der bestimmte Index von einem relevanten breiten Marktindex?
Diese Frage ist hier nicht relevant.
Wo kann die Methode zur Berechnung des bestimmten Indexes eingesehen werden?
Diese Frage ist hier nicht relevant.

###### 	Wo kann ich im Internet weitere produktspezifische Informationen finden?
Weitere produktspezifische Informationen finden Sie auf der Website: https:/www.fidelity.lu/funds/factsheet/LU2376061086/tab-disclosure#SFDR-disclosure. 
Weitere Informationen zu den hier dargelegten Methoden finden Sie auf der Website: System fürnachhaltiges Investieren (fidelityinternational.com).
Vorvertragliche Informationen zu den in Artikel 8 Absätze 1, 2 und 2a der Verordnung (EU) 2019/2088 und Artikel 6 Absatz 1 der Verordnung (EU) 2020/852 genannten Finanzprodukten
Name des Produkts:	Unternehmenskennung (LEI- Code):
Fidelity Funds - Sustainable Demographics Fund	549300RRAN0KBNO4IG54

###### Ökologische und/oder soziale Merkmale
| Werden mit diesem Finanzprodukt nachhaltige Investitionen angestrebt? |
| --- |
|  | - Ja
 |  | Nein |
| - Es wird damit ein MindestanteiI an nachhaltigen Investitionen mit einem Umweltziel getätigt:%
	- in Wirtschaftstätigkeiten, die nach derEU-Taxonomie als ökologisch nachhaltig einzustufen sind

- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie nicht als ökologisch nachhaltig einzustufen sind
- Es wird damit ein Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel getätigt:%
 | Es werden damit ökologische/soziale Merkmale beworben und obwohl keine nachhaltigen Investitionen angestrebt werden, enthält es einen Mindestanteil von 35% an nachhaltigen Investitionen. - mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie als ökologisch nachhaltig einzustufen sindmit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie nicht als ökologisch nachhaltig einzustufen sindmit einem sozialen Ziel
- Es	werden		damit	ökologische/soziale Merkmale	beworben,		aber	keinenachhaltigen Investitionen getätigt.
 |

Welche ökologischen und/ oder sozialen Merkmale werden mit diesem Finanzprodukt beworben?
Mit Nachhaltigkeitsin- dikatoren wird gemessen, inwieweit die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht werden.
Der Teilfonds fördert Umwelt- und Sozialeigenschaften, indem er in Wertpapiere von Emittenten mit guten ESG-Eigenschaften investiert. Gute ESG-Eigenschaften werden anhand von ESG-Ratings ermittelt.
Der Teilfonds investiert in Aktien von Unternehmen auf der ganzen Welt, die von demographischen Veränderungen profitieren können. Die Anlagen umfassen insbesondere Unternehmen aus den Branchen Gesundheitswesen und Konsumgüterindustrie, die von den Auswirkungen der steigenden Lebenserwartung, der sich vergrößernden Mittelschicht und des Bevölkerungswachstums profitieren können.
Der Teilfonds ist in gewissem Maße bestrebt, nachhaltige Anlagen zu tätigen.
Es wird keine Referenzbenchmark festgelegt, um die geförderten Umwelt- und Sozialeigenschaften zu erreichen.
einzelnen ökologischen oder sozialen Merkmale, die durch dieses Finanzprodukt beworben werden, herangezogen?
Der Teilfonds verwendet die folgenden Nachhaltigkeitsindikatoren, um das Erreichen der von ihm geförderten Umwelt- oder Sozialeigenschaften zu messen:
- der Prozentsatz des Teilfonds, der in Wertpapiere von Emittenten mit guten ESG-Eigenschaften im Einklang mit dem System für nachhaltiges Investieren von Fidelity investiert ist;
- der Prozentsatz des Teilfonds, der in Wertpapiere von Emittenten investiert ist, auf die Ausschlusskriterien (wie unten definiert) zutreffen;
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen investiert ist; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel bei Wirtschaftsaktivitäten investiert ist, die gemäß der EU-Taxonomie nicht als ökologisch nachhaltig gelten; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel investiert ist.

Welches sind die Ziele der nachhaltigen Investitionen, die mit dem
Finanzprodukt teilweise getätigt werden sollen, und wie trägt die nachhaltige Investition zu diesen Zielen bei?
Der Teilfonds ermittelt wie folgt, ob eine Anlage nachhaltig ist:
- Emittenten, die wirtschaftliche Tätigkeiten ausüben, die zu einem oder mehreren der in der EU-Taxonomie festgelegten Umweltziele beitragen und gemäß der EU-Taxonomie als ökologisch nachhaltig gelten; oder
- Emittenten, bei denen der Großteil ihrer Geschäftstätigkeit (mehr als 50% des Umsatzes) zu Umwelt- oder Sozialzielen beiträgt, die mit einem oder mehreren der Ziele der Vereinten Nationen für nachhaltige Entwicklung („SDG“) in Einklang stehen; oder
- Emittenten, die ein Dekarbonisierungsziel festgelegt haben, das mit einem Temperaturanstiegsszenario mit 1,5 Grad oder weniger vereinbar ist (überprüft durch die Science Based Target Initiative oder ein Fidelity Proprietary Climate Rating), das als Beitrag zu Umweltzielen angesehen wird;sofern sie keinen wesentlichen Schaden anrichten, Mindestabsicherungen bieten und gute Governance-Kriterien aufweisen.

teilweise getätigt werden sollen, keinem der ökologischen oder sozialen nachhaltigen Anlageziele erheblich schaden?
Nachhaltige Anlagen werden auf ihre Beteiligung an Aktivitäten überprüft, die erheblichen Schaden und Kontroversen verursachen, und durch eine Kontrolle bewertet, ob der Emittent Mindestabsicherungen und -standards hinsichtlich der wichtigsten nachteiligen Auswirkungen (PAI) sowie die Leistung bei den PAI-Kennzahlen umsetzt bzw. erfüllt. Dazu gehören:
- Normenbasierte Filterkriterien – das Filtern von Wertpapieren, die gemäß den bestehenden (unten beschriebenen) normenbasierten Filterkriterien von Fidelity ermittelt wurden, anhand von:
- aktivitätsbasierten Filterkriterien – das Filtern von Emittenten auf der Grundlage ihrer Beteiligung an Aktivitäten mit erheblichen negativen Auswirkungen auf die Gesellschaft oder die Umwelt, darunter Emittenten, bei denen aufgrund der Filterkriterien für Kontroversen eine„sehr gravierende“ Kontroverse vorliegt, die im Bereich
- Umwelt,
- Menschenrechte und Gemeinschaften,
- Arbeitnehmerrechte und Lieferkette,
- Kunden,
- Governance angesiedelt ist; und anhand von
	- PAI-Indikatoren. Quantitative Daten (sofern verfügbar) zu PAI-Indikatoren werden verwendet, um zu bewerten, ob ein Emittent an Aktivitäten beteiligt ist, die einem Umwelt- oder Sozialziel erheblichen Schaden zufügen.


Bei den wichtigsten nachteiligen Auswirkungen handelt es sich um die bedeutendsten nachteiligen Auswirkungen von Investitionsentscheidun- gen auf NachhaItigkeitsfaktoren in den Bereichen Umwelt, Soziales und Beschäftigung, Achtung der Menschenrechte und Bekämpfung von Korruption und Bestechung.
Wie wurden die Indikatoren für nachteilige Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Für nachhaltige Anlagen, wie oben beschrieben, führt Fidelity eine quantitative Bewertung durch, um Emittenten mit einer problematischen Leistung bei PAI-Indikatoren zu ermitteln. Emittenten mit einer niedrigen Punktzahl kommen nur dann für „nachhaltige Anlagen“ infrage, wenn die Fundamentalresearch von Fidelity feststellt, dass der Emittent nicht gegen die Anforderungen verstößt, „keinen wesentlichen Schaden anrichtet“ oder sich auf einem Weg befindet, um die nachteiligen Auswirkungen durch effektives Management oder einen Übergang abzumildern.
Wie stehen die nachhaltigen Investitionen mit den OECD-Leitsätzen für multinationale Unternehmen und den Leitprinzipien der Vereinten Nationen für Wirtschaft und
Menschenrechte in Einklang? Nähere Angaben:
Es werden normenbasierte Filterkriterien angewendet: Emittenten, bei denen festgestellt wurde, dass sie sich nicht in einer Weise verhalten, die ihrer grundlegenden Verantwortung in den Bereichen Menschenrechte, Arbeit, Umwelt und Korruptionsbekämpfung im Einklang mit internationalen Normen gerecht wird, darunter denjenigen, die in den OECD-Leitsätzen für multinationale Unternehmen, den Leitprinzipien der Vereinten Nationen für Wirtschaft und Menschenrechte, dem UN Global Compact (UNGC) und den IAO-Standards der Internationalen Arbeitsorganisation (ILO) festgelegt sind, kommen für nachhaltige Investitionen nicht infrage.
In der EU-Taxonomie ist der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" festgelegt, nach dem taxonomiekonforme Investitionen die Ziele der EU-Taxonomie nicht erheblich beeinträchtigen dürfen, und es sind spezifische EU-Kriterien beigefügt. Der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" findet nur bei denjenigen dem Finanzprodukt zugrunde liegenden Investitionen Anwendung, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten berücksichtigen. Die dem verbleibenden Teil dieses  Finanzprodukts zugrunde  liegenden Investitionen berücksichtigen nicht die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten. Alle anderen nachhaltigen Investitionen dürfen ökologische oder soziale Ziele ebenfalls nicht erheblich beeinträchtigen.

###### Werden bei diesem Finanzprodukt die wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Ja
- NeinDie wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren werden mit Hilfe einer Vielzahl von Instrumenten berücksichtigt und in Anlageentscheidungen einbezogen. Hierzu zählen:
- Due Diligence – Analyse, ob die wichtigsten nachteiligen Auswirkungen (PAI) wesentlich und negativ sind.
- ESG-Rating – Fidelity bezieht sich auf ESG-Ratings, die wesentliche nachteilige Auswirkungen wie CO2-Emissionen, Mitarbeitersicherheit, Bestechung und Korruption sowie Wassermanagement berücksichtigen, und bei den von Staaten ausgegebenen Wertpapieren berücksichtigen die verwendeten Ratings wichtige nachteilige Auswirkungen (PAI) wie CO2-Emissionen, Sozialverstöße und die Meinungsfreiheit.
- Ausschlusskriterien – Bei Direktanlagen in Unternehmen als Emittenten wendet der Teilfonds die (unten definierten) Ausschlusskriterien an, um die wichtigsten nachteiligen Auswirkungen abzumildern. Dazu schließt er schädliche Sektoren aus und verbietet Investitionen in Emittenten, die gegen internationale Standards wie den UNGC verstoßen.
- Mitwirkung – Fidelity nutzt Mitwirkung als ein Instrument, um die wichtigsten nachteiligen Auswirkungen besser zu verstehen und sich unter bestimmten Umständen für die Abmilderung der wichtigsten nachteiligen Auswirkungen einzusetzen. Fidelity beteiligt sich an relevanten individuellen und kollaborativen Arten der Mitwirkung, die auf eine Reihe von wichtigen negativen Auswirkungen abzielen (z. B. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Abstimmungsverhalten – Die Abstimmungspolitik von Fidelity umfasst bei Unternehmen als Emittenten explizite Mindeststandards für die Geschlechtervielfalt im Aufsichtsrat und die Auseinandersetzung mit dem Klimawandel. Fidelity kann auch auf eine Weise abstimmen, dass die wichtigsten nachteiligen Auswirkungen abgemildert werden.
- Vierteljährliche Überprüfungen – Überwachung der wichtigsten nachteiligen Auswirkungen (PAI) durch den vierteljährlichen Überprüfungsprozess des Teilfonds.

Wenn es um die Frage geht, ob Investitionen eine wesentliche nachteilige Auswirkung haben, berücksichtigt Fidelity für jeden Nachhaltigkeitsfaktor spezifische Indikatoren. Diese Indikatoren hängen von der Datenverfügbarkeit ab und können sich mit zunehmender Datenqualität und
-verfügbarkeit weiterentwickeln.
Informationen über die wichtigsten nachteiligen Auswirkungen werden im Jahresbericht des Teilfonds zur Verfügung gestellt.

###### Welche Anlagestrategie wird mit diesem Finanzprodukt verfolgt?
Die Anlagestrategie dient aIs Richtschnur für Investitionsentscheidun- gen, wobei bestimmte Kriterien wie beispielsweise Investitionsziele oder Risikotoleranz
berücksichtigt werden.
Der Teilfonds verfolgt eine vorrangig „thematische“ Anlagestrategie, um seine Anlageziele zu erreichen. Sie schließt Investitionen in Unternehmen ein, die von demografischen Entwicklungen profitieren, um langfristig attraktive Renditen zu erwirtschaften. Dies sind steigende die Lebenserwartung, die wachsende Mittelschicht und das Bevölkerungswachstum. Im Rahmen des Prozesses wird eine Bewertung der Fundamentaldaten und der Glaubwürdigkeit der Nachhaltigkeitsbemühungen von Unternehmen durchgeführt.
Im Rahmen des Researchprozesses werden die Umwelt- und Sozial-Governance berücksichtigt. Die als relevant erachteten Faktoren unterscheiden sich je nach Unternehmen und Branche und fließen in die Anlageentscheidungen ein.
Der Teilfonds ist Teil der Familie der Nachhaltigkeitsfonds von Fidelity und verfolgt eine am Nachhaltigkeitsthema ausgerichtete Strategie, bei der mindestens 90% des Fondsvermögens daraufhin analysiert werden, ob es gute ESG-Eigenschaften aufweist, und mindestens 70% des Fondsvermögens in Wertpapiere mit guten ESG-Eigenschaften investiert werden.
Ob ESG-Eigenschaften gut sind, wird anhand von ESG-Ratings externer Agenturen und von Fidelity ESG-Ratings ermittelt.
Emittenten, deren Rating sie für die Zwecke des Primärziels (mindestens 70% des Vermögens) als ungeeignet zur Einstufung als Unternehmen mit guten ESG-Eigenschaften erscheinen lässt, können im Umfang von bis zu 30% des Nettovermögens aufgenommen werden, sofern sie nachweisen können, dass sie sich hinsichtlich ihrer ESG-Eigenschaften auf dem Weg der Besserung befinden.
Bei der Auswahl der Anlagen wird das Anlageuniversum des Teilfonds durch den Ausschluss von Emittenten aufgrund ihrer ESG-Eigenschaften um mindestens 20% verkleinert.
In Bezug auf seine Direktanlagen berücksichtigt der Teilfonds:
- eine unternehmensweite Ausschlussliste, die Streumunition und Antipersonenminen umfasst, und
- eine prinzipienbasierte Ausschlussrichtlinie, die Folgendes beinhaltet:
	- eine normenbasierte Überprüfung von Emittenten, die nach Auffassung des Anlageverwalters ihre Geschäfte nicht in Übereinstimmung mit internationalen Normen, darunter dem im UNGC festgelegten, geführt haben; und
	- ein Filterkriterium, durch das bestimmte Sektoren, Emittenten oder Praktiken auf der Grundlage konkreter ESG-Kriterien ausgeschlossen werden können, wobei für diese Kriterien möglicherweise auch Erlösschwellen angewendet werden.


Die oben genannten Ausschluss- und Filterkriterien (die „Ausschlusskriterien“) werden möglicherweise von Zeit zu Zeit aktualisiert. Weitere Informationen erhalten Sie auf der Website Sustainable investing framework (fidelityinternational.com).
Es steht zudem im Ermessen des Investmentmanagers, von Zeit zu Zeit erweiterte, strengere Nachhaltigkeitsanforderungen und Ausschlusskriterien anzuwenden.
Worin bestehen die verbindlichen Elemente der Anlagestrategie, die für die Auswahl der Investitionen zur Erfüllung der beworbenen ökologischen oder sozialen Ziele verwendet werden?
Der Teilfonds investiert:
(i)  mindestens 70% seines  Vermögens  in  Wertpapiere  von  Emittenten  mit  guten ESG-Eigenschaften; darunter mindestens 35% in nachhaltige Anlagen, von denen 0% ein Umweltziel aufweisen, das sich an der EU-Taxonomie orientiert, mindestens 5% ein Umweltziel, das sich nicht an der EU-Taxonomie orientiert, und mindestens 15% ein Sozialziel verfolgen.
Mindestens 90% des Nettovermögens des Teilfonds werden dahingehend untersucht, ob sie gute ESG-Eigenschaften aufweisen. Bei der Auswahl der Anlagen wird das Anlageuniversum des Teilfonds durch den Ausschluss von Emittenten aufgrund ihrer ESG-Eigenschaften um mindestens 20% verkleinert.
Darüber hinaus wird der Teilfonds die oben beschriebenen Ausschlusskriterien systematisch anwenden.
Um welchen Mindestsatz wird der Umfang der vor der Anwendung dieser Anlagestrategie in Betracht gezogenen Investitionen reduziert?
Bei der Auswahl der Anlagen wird das Anlageuniversum des Teilfonds durch den Ausschluss von Emittenten aufgrund ihrer ESG-Eigenschaften um mindestens 20% verkleinert.
Die Verfahrensweisen einer guten
Unternehmensführung umfassen solide Managementstrukturen, die Beziehungen zu den Arbeitnehmern, die Vergütung von Mitarbeitern sowie die Einhaltung der Steuervorschriften.
Wie werden die Verfahrensweisen einer guten Unternehmensführung der Unternehmen, in die investiert wird, bewertet?
Die Governance-Praktiken der Emittenten werden anhand von Fundamentalresearch bewertet, die Fidelity ESG-Ratings sowie Daten zu Kontroversen und Verstößen gegen den UN Global Compact berücksichtigt.
Zu den wichtigsten Punkten, die analysiert werden, gehören unter anderem die Erfolgsbilanz der Kapitalallokation, die finanzielle Transparenz, Transaktionen mit nahestehenden Parteien, die Unabhängigkeit und Größe des Vorstands, die Vergütung der Führungskräfte, die Abschlussprüfer und die interne Aufsicht sowie die Rechte der Minderheitsanteilinhaber.

###### Welche Vermögensallokation ist für dieses Finanzprodukt geplant?
Die Vermögensallokation gibt den jeweiligen Anteil der Investitionen in bestimmte Vermögenswerte an.
Taxonomiekonforme Tätigkeiten, ausgedrückt durch den Anteil der:
- Umsatzerlöse, die den Anteil der Einnahmen aus umweltfreundlichenAktivitäten der Unternehmen, in die investiert wird, widerspiegeln
- Investitionsausgaben (CapEx), die die umweltfreundlichen Investitionen der Unternehmen, in die investiert wird, aufzeigen,z.B. für den Übergang zu einer grünen Wirtschaft- Betriebsausgaben (OpEx), die die umweltfreundlichenbetrieblichen Aktivitäten der Unternehmen, in die investiert wird, widerspiegeln(#1 Ausgerichtet an E/S-Eigenschaften) Der Teilfonds investiert:
- mindestens 70% seines	Vermögens	in	Wertpapiere	von	Emittenten	mit	guten ESG-Eigenschaften,
- mindestens 35% seines Vermögens in nachhaltige (#1A nachhaltig) Anlagen, von denen mindestens 0% ein Umweltziel verfolgen (das an der EU-Taxonomie ausgerichtet ist), mindestens 5% ein Umweltziel haben (das nicht an der EU-Taxonomie ausgerichtet ist) und mindestens 15% ein Sozialziel haben. Die übrigen nachhaltigen Anlagen des Teilfonds können ein Umwelt- oder Sozialziel verfolgen.

Sonstige Umweltziele 5%
(#1B Sonstige E/S-Eigenschaften) Umfasst Wertpapiere von Emittenten mit guten ESG-Eigenschaften, die aber keine nachhaltigen Anlagen sind.
#1A Nachhaltige
Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale
70%
Investitionen 35%
#1B Andere ökologische oder soziale Merkmale
Soziales 15%
#2 Andere Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst Investitionen des Finanzprodukts, die zur Erreichung der beworbenen ökologischen oder sozialen Merkmale getätigt wurden.
#2 Andere Investitionen umfasst die übrigen Investitionen des Finanzprodukts, die weder auf ökologische oder soziale Merkmale ausgerichtet sind noch als nachhaltige Investitionen eingestuft werden.
Die Kategorie #1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst folgende Unterkategorien:
Die Unterkategorie #1A Nachhaltige Investitionen umfasst nachhaltige Investitionen mit ökologischen oder sozialen Zielen.
Die Unterkategorie #1B Andere ökologische oder soziale Merkmale umfasst Investitionen, die auf ökologische oder soziale Merkmale ausgerichtet sind, aber nicht als nachhaltige Investitionen eingestuft werden.
Inwiefern werden durch den Einsatz von Derivaten die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht?
Wenn das einem Derivat zugrunde liegende Wertpapier im Einklang mit dem System für nachhaltiges Investieren von Fidelity gute ESG-Eigenschaften aufweist, darf das Derivat zur Feststellung des Teilfondsanteils berücksichtigt werden, der Umwelt- oder Sozialeigenschaften fördert.
In welchem Mindestmaß sind nachhaltige Investitionen mit einem Umweltziel mit der EU-Taxonomie konform?
Der Teilfonds investiert mindestens 0% in nachhaltige Anlagen mit einem Umweltziel, die mit der EU-Taxonomie konform sind.
Die Konformität der Anlagen des Teilfonds mit der EU-Taxonomie wird nicht durch Wirtschaftsprüfer oder mittels einer Überprüfung durch Dritte sichergestellt.
Die Ausrichtung der zugrunde liegenden Anlagen des Teilfonds an der EU-Taxonomie wird anhand des Umsatzes gemessen.
Investiert das Finanzprodukt in Aktivitäten im Zusammenhang mit fossilem Gas und/oder Kernenergie, die der EU-Taxonomie¹ entsprechen?
- JaNein
- In fossiles Gas	In KernenergieWie hoch ist der Mindestanteil der Investitionen in Übergangstätigkeiten und ermöglichende Tätigkeiten?

Der Teilfonds investiert mindestens 0% in Übergangstätigkeiten und ermöglichende Tätigkeiten.
Wie hoch ist der Mindestanteil nachhaltiger Investitionen mit einem Umweltziel, die nicht mit der EU-Taxonomie konform sind?
Der Teilfonds investiert mindestens 5% in nachhaltige Anlagen mit einem Umweltziel, das nicht mit der EU-Taxonomie konform ist.
Die Anlagen können zwar mit der EU-Taxonomie konform sein, aber der Investmentmanager ist derzeit nicht in der Lage, den genauen Anteil der Anlagen des Teilfonds anzugeben, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftstätigkeiten berücksichtigen. Die Position wird jedoch weiterhin überprüft, wenn die zugrunde liegenden Regeln festgelegt sind und im Laufe der Zeit mehr zuverlässige Daten zur Verfügung stehen.
¹ Tätigkeiten im Bereich fossiles Gas und/oder Kernenergie sind nur dann EU-taxonomiekonform, wenn sie zur Eindämmung des Klimawandels („Klimaschutz“) beitragen und kein Ziel der EU-Taxonomie erheblich beeinträchtigen – siehe Erläuterung am linken Rand. Die vollständigen Kriterien für EU-taxonomiekonforme Wirtschaftstätigkeiten im Bereich fossiles Gas und Kernenergie sind in der Delegierten Verordnung (EU) 2022/1214 der Kommission festgelegt.
Wie hoch ist der Mindestanteil der sozial nachhaltigen Investitionen?
Der Teilfonds investiert mindestens 15% in nachhaltige Anlagen mit einem Sozialziel.
Welche Investitionen fallen unter ,,#2 Andere Investitionen", welcher Anlagezweck wird mit ihnen verfolgt und gibt es einen ökologischen oder sozialen Mindestschutz?
Die verbleibenden Anlagen des Teilfonds können in Wertpapieren von Emittenten erfolgen, die nachweisen können, dass sie sich in Bezug auf ihre ESG-Eigenschaften auf einem Kurs der Verbesserung befinden, und für Liquiditätszwecke in liquiden Mitteln und liquiden Mitteln gleichstehenden Mitteln sowie in Derivaten, die als Anlagen und für ein effizientes Portfoliomanagement eingesetzt werden können.
Zur Gewährleistung eines Mindestmaßes an Umwelt- und Sozialabsicherungen wendet der Teilfonds die Ausschlusskriterien an.

###### Wurde ein Index als Referenzwert bestimmt, um festzustellen, ob dieses Finanzprodukt auf die beworbenen ökologischen und/oder sozialen Merkmale ausgerichtet ist?
Es wird kein bestimmter Index als Referenzbenchmark angegeben, um festzustellen, ob dieses Finanzprodukt zu den geförderten Umwelt- oder Sozialeigenschaften passt.
Bei den Referenzwerten handelt es sich um Indizes, mit denen gemessen wird, ob das Finanzprodukt die beworbenen ökologischen oder sozialen Merkmale erreicht.
Inwiefern ist der Referenzwert kontinuierlich auf die mit dem Finanzprodukt beworbenen ökologischen und sozialen Merkmale ausgerichtet?
Diese Frage ist hier nicht relevant.
Wie wird die kontinuierliche Ausrichtung der Anlagestrategie auf die Indexmethode sichergestellt?
Diese Frage ist hier nicht relevant.
Wie unterscheidet sich der bestimmte Index von einem relevanten breiten Marktindex?
Diese Frage ist hier nicht relevant.
Wo kann die Methode zur Berechnung des bestimmten Indexes eingesehen werden?
Diese Frage ist hier nicht relevant.

###### 	Wo kann ich im Internet weitere produktspezifische Informationen finden?
Weitere produktspezifische Informationen finden Sie auf der Website: https:/www.fidelity.lu/funds/factsheet/LU0528227936/tab-disclosure#SFDR-disclosure. 
Weitere Informationen zu den hier dargelegten Methoden finden Sie auf der Website: System fürnachhaltiges Investieren (fidelityinternational.com).
Vorvertragliche Informationen zu den in Artikel 8 Absätze 1, 2 und 2a der Verordnung (EU) 2019/2088 und Artikel 6 Absatz 1 der Verordnung (EU) 2020/852 genannten Finanzprodukten
Name des Produkts:	Unternehmenskennung (LEI- Code):
Fidelity Funds - Sustainable Future Connectivity Fund	2549000BDP4X7X1C9A86

###### Ökologische und/oder soziale Merkmale
| Werden mit diesem Finanzprodukt nachhaltige Investitionen angestrebt? |
| --- |
|  | - Ja
 |  | Nein |
| - Es wird damit ein MindestanteiI an nachhaltigen Investitionen mit einem Umweltziel getätigt:%
	- in Wirtschaftstätigkeiten, die nach derEU-Taxonomie als ökologisch nachhaltig einzustufen sind

- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie nicht als ökologisch nachhaltig einzustufen sind
- Es wird damit ein Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel getätigt:%
 | Es werden damit ökologische/soziale Merkmale beworben und obwohl keine nachhaltigen Investitionen angestrebt werden, enthält es einen Mindestanteil von 20% an nachhaltigen Investitionen. - mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie als ökologisch nachhaltig einzustufen sindmit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie nicht als ökologisch nachhaltig einzustufen sindmit einem sozialen Ziel
- Es	werden		damit	ökologische/soziale Merkmale	beworben,		aber	keinenachhaltigen Investitionen getätigt.
 |

Welche ökologischen und/ oder sozialen Merkmale werden mit diesem Finanzprodukt beworben?
Mit Nachhaltigkeitsin- dikatoren wird gemessen, inwieweit die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht werden.
Der Teilfonds fördert Umwelt- und Sozialeigenschaften, indem er in Wertpapiere von Emittenten mit guten ESG-Eigenschaften investiert. Gute ESG-Eigenschaften werden anhand von ESG-Ratings ermittelt.
Der Teilfonds investiert in Aktien von Unternehmen aus aller Welt, die mit dem Thema der zukünftigen Konnektivität verbunden sind (die Entwickler, Netzwerke und Nutznießer der Kommunikation der nächsten Generation). Es können Investitionen in Unternehmen getätigt werden, die an der Einführung von Mobilfunknetzen, kabelgebundenen Netzen, Internetinfrastrukturen und der Produktion von Online-Inhalten beteiligt sind.
Der Teilfonds ist in gewissem Maße bestrebt, nachhaltige Anlagen zu tätigen.
Es wird keine Referenzbenchmark festgelegt, um die geförderten Umwelt- und Sozialeigenschaften zu erreichen.
einzelnen ökologischen oder sozialen Merkmale, die durch dieses Finanzprodukt beworben werden, herangezogen?
Der Teilfonds verwendet die folgenden Nachhaltigkeitsindikatoren, um das Erreichen der von ihm geförderten Umwelt- oder Sozialeigenschaften zu messen:
- der Prozentsatz des Teilfonds, der in Wertpapiere von Emittenten mit guten ESG-Eigenschaften im Einklang mit dem System für nachhaltiges Investieren von Fidelity investiert ist;
- der Prozentsatz des Teilfonds, der in Wertpapiere von Emittenten investiert ist, auf die Ausschlusskriterien (wie unten definiert) zutreffen;
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen investiert ist; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel bei Wirtschaftsaktivitäten investiert ist, die gemäß der EU-Taxonomie nicht als ökologisch nachhaltig gelten; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel investiert ist.

Welches sind die Ziele der nachhaltigen Investitionen, die mit dem
Finanzprodukt teilweise getätigt werden sollen, und wie trägt die nachhaltige Investition zu diesen Zielen bei?
Der Teilfonds ermittelt wie folgt, ob eine Anlage nachhaltig ist:
- Emittenten, die wirtschaftliche Tätigkeiten ausüben, die zu einem oder mehreren der in der EU-Taxonomie festgelegten Umweltziele beitragen und gemäß der EU-Taxonomie als ökologisch nachhaltig gelten; oder
- Emittenten, bei denen der Großteil ihrer Geschäftstätigkeit (mehr als 50% des Umsatzes) zu Umwelt- oder Sozialzielen beiträgt, die mit einem oder mehreren der Ziele der Vereinten Nationen für nachhaltige Entwicklung („SDG“) in Einklang stehen; oder
- Emittenten, die ein Dekarbonisierungsziel festgelegt haben, das mit einem Temperaturanstiegsszenario mit 1,5 Grad oder weniger vereinbar ist (überprüft durch die Science Based Target Initiative oder ein Fidelity Proprietary Climate Rating), das als Beitrag zu Umweltzielen angesehen wird;sofern sie keinen wesentlichen Schaden anrichten, Mindestabsicherungen bieten und gute Governance-Kriterien aufweisen.

teilweise getätigt werden sollen, keinem der ökologischen oder sozialen nachhaltigen Anlageziele erheblich schaden?
Nachhaltige Anlagen werden auf ihre Beteiligung an Aktivitäten überprüft, die erheblichen Schaden und Kontroversen verursachen, und durch eine Kontrolle bewertet, ob der Emittent Mindestabsicherungen und -standards hinsichtlich der wichtigsten nachteiligen Auswirkungen (PAI) sowie für die Leistung bei den PAI-Kennzahlen umsetzt bzw. erfüllt. Dazu gehören:
- Normenbasierte Filterkriterien – das Filtern von Wertpapieren, die gemäß den bestehenden (unten beschriebenen) normenbasierten Filterkriterien von Fidelity ermittelt wurden, anhand von:
- aktivitätsbasierten Filterkriterien – das Filtern von Emittenten auf der Grundlage ihrer Beteiligung an Aktivitäten mit erheblichen negativen Auswirkungen auf die Gesellschaft oder die Umwelt, darunter Emittenten, bei denen aufgrund der Filterkriterien für Kontroversen eine„sehr gravierende“ Kontroverse vorliegt, die im Bereich
- Umwelt,
- Menschenrechte und Gemeinschaften,
- Arbeitnehmerrechte und Lieferkette,
- Kunden,
- Governance angesiedelt ist; und anhand von
	- PAI-Indikatoren. Quantitative Daten (sofern verfügbar) zu PAI-Indikatoren werden verwendet, um zu bewerten, ob ein Emittent an Aktivitäten beteiligt ist, die einem Umwelt- oder Sozialziel erheblichen Schaden zufügen.


Bei den wichtigsten nachteiligen Auswirkungen handelt es sich um die bedeutendsten nachteiligen Auswirkungen von Investitionsentscheidun- gen auf NachhaItigkeitsfaktoren in den Bereichen Umwelt, Soziales und Beschäftigung, Achtung der Menschenrechte und Bekämpfung von Korruption und Bestechung.
Wie wurden die Indikatoren für nachteilige Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Für nachhaltige Anlagen, wie oben beschrieben, führt Fidelity eine quantitative Bewertung durch, um Emittenten mit einer problematischen Leistung bei PAI-Indikatoren zu ermitteln. Emittenten mit einer niedrigen Punktzahl kommen nur dann für „nachhaltige Anlagen“ infrage, wenn die Fundamentalresearch von Fidelity feststellt, dass der Emittent nicht gegen die Anforderungen verstößt, „keinen wesentlichen Schaden anrichtet“ oder sich auf einem Weg befindet, um die nachteiligen Auswirkungen durch effektives Management oder einen Übergang abzumildern.
Wie stehen die nachhaltigen Investitionen mit den OECD-Leitsätzen für multinationale Unternehmen und den Leitprinzipien der Vereinten Nationen für Wirtschaft und
Menschenrechte in Einklang? Nähere Angaben:
Es werden normenbasierte Filterkriterien angewendet: Emittenten, bei denen festgestellt wurde, dass sie sich nicht in einer Weise verhalten, die ihrer grundlegenden Verantwortung in den Bereichen Menschenrechte, Arbeit, Umwelt und Korruptionsbekämpfung im Einklang mit internationalen Normen gerecht wird, darunter denjenigen, die in den OECD-Leitsätzen für multinationale Unternehmen, den Leitprinzipien der Vereinten Nationen für Wirtschaft und Menschenrechte, dem UN Global Compact (UNGC) und den IAO-Standards der Internationalen Arbeitsorganisation (ILO) festgelegt sind, kommen für nachhaltige Investitionen nicht infrage.
In der EU-Taxonomie ist der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" festgelegt, nach dem taxonomiekonforme Investitionen die Ziele der EU-Taxonomie nicht erheblich beeinträchtigen dürfen, und es sind spezifische EU-Kriterien beigefügt. Der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" findet nur bei denjenigen dem Finanzprodukt zugrunde liegenden Investitionen Anwendung, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten berücksichtigen. Die dem verbleibenden Teil dieses  Finanzprodukts zugrunde  liegenden Investitionen berücksichtigen nicht die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten. Alle anderen nachhaltigen Investitionen dürfen ökologische oder soziale Ziele ebenfalls nicht erheblich beeinträchtigen.

###### Werden bei diesem Finanzprodukt die wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Ja
- NeinDie wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren werden mit Hilfe einer Vielzahl von Instrumenten berücksichtigt und in Anlageentscheidungen einbezogen. Hierzu zählen:
- Due Diligence – Analyse, ob die wichtigsten nachteiligen Auswirkungen (PAI) wesentlich und negativ sind.
- ESG-Rating – Fidelity bezieht sich auf ESG-Ratings, die wesentliche nachteilige Auswirkungen wie CO2-Emissionen, Mitarbeitersicherheit, Bestechung und Korruption sowie Wassermanagement berücksichtigen, und bei den von Staaten ausgegebenen Wertpapieren berücksichtigen die verwendeten Ratings wichtige nachteilige Auswirkungen (PAI) wie CO2-Emissionen, Sozialverstöße und die Meinungsfreiheit.
- Ausschlusskriterien – Bei Direktanlagen in Unternehmen als Emittenten wendet der Teilfonds die (unten definierten) Ausschlusskriterien an, um die wichtigsten nachteiligen Auswirkungen abzumildern. Dazu schließt er schädliche Sektoren aus und verbietet Investitionen in Emittenten, die gegen internationale Standards wie den UNGC verstoßen.
- Mitwirkung – Fidelity nutzt Mitwirkung als ein Instrument, um die wichtigsten nachteiligen Auswirkungen besser zu verstehen und sich unter bestimmten Umständen für die Abmilderung der wichtigsten nachteiligen Auswirkungen einzusetzen. Fidelity beteiligt sich an relevanten individuellen und kollaborativen Engagements, die auf eine Reihe von wichtigen negativen Auswirkungen abzielen (z. B. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Abstimmungsverhalten	 –	Die	Abstimmungsrichtlinie		von	Fidelity	legt	explizite Mindeststandards	für	die	Geschlechtervielfalt	in	den	Leitungsorganen		und		für	die Berücksichtigung des Klimawandels durch die Unternehmensemittenten fest. Fidelity kann auch auf eine Weise abstimmen, dass die wichtigsten nachteiligen Auswirkungen abgemildert werden.
- Vierteljährliche Überprüfungen – Überwachung der wichtigsten nachteiligen Auswirkungen (PAI) durch den vierteljährlichen Überprüfungsprozess des Teilfonds.

Wenn es um die Frage geht, ob Investitionen eine wesentliche nachteilige Auswirkung haben, berücksichtigt Fidelity für jeden Nachhaltigkeitsfaktor spezifische Indikatoren. Diese Indikatoren hängen von der Datenverfügbarkeit ab und können sich mit zunehmender Datenqualität und
-verfügbarkeit weiterentwickeln.
Informationen über die wichtigsten nachteiligen Auswirkungen werden im Jahresbericht des Teilfonds zur Verfügung gestellt.

###### Welche Anlagestrategie wird mit diesem Finanzprodukt verfolgt?
Die Anlagestrategie dient aIs Richtschnur für Investitionsentscheidun- gen, wobei bestimmte Kriterien wie beispielsweise Investitionsziele oder Risikotoleranz
berücksichtigt werden.
Der Teilfonds verfolgt eine vorrangig „thematische“ Anlagestrategie, um seine Anlageziele zu erreichen. Hierzu gehören auch Investitionen in Wirtschaftsthemen, die voraussichtlich zu einer nachhaltigen Wirtschaft beitragen werden. Neben der Themenauswahl wird Fundamentalresearch für einzelne Emittenten durchgeführt. Im Rahmen des Researchprozesses werden die Umwelt- und Sozial-Governance berücksichtigt. Die als relevant erachteten Faktoren unterscheiden sich je nach Emittent und Branche und fließen in Anlageentscheidungen ein.
Der Teilfonds strebt langfristiges Kapitalwachstum hauptsächlich durch Anlagen in Wertpapiere von Unternehmen aus aller Welt und somit auch aus Ländern an, die als Schwellenländer gelten, und die mit dem Thema der zukünftigen Konnektivität verbunden sind (also diejenigen, die die Kommunikation der nächsten Generation ermöglichen, die entsprechende Netzwerke anbieten und die davon profitieren werden).
Zu den Anlagen gehören unter anderem Unternehmen, die an der Einführung von Mobilfunknetzen, Kabelnetzen, Internet-Infrastrukturen und der Produktion von Online-Inhalten beteiligt sind.
Der Teilfonds ist Teil der Familie der Nachhaltigkeitsfonds von Fidelity und verfolgt eine am Nachhaltigkeitsthema ausgerichtete Strategie, bei der mindestens 90% des Fondsvermögens daraufhin analysiert werden, ob es gute ESG-Eigenschaften aufweist, und mindestens 70% des Fondsvermögens in Wertpapiere mit guten ESG-Eigenschaften investiert werden.
Ob ESG-Eigenschaften eine gute Ausprägung haben, wird anhand von ESG-Ratings externer Agenturen und Fidelity ESG-Ratings ermittelt.
Emittenten, deren Rating sie für die Zwecke des Primärziels (mindestens 70% des Vermögens) als ungeeignet zur Einstufung als Unternehmen mit guten ESG-Eigenschaften erscheinen lässt, können im Umfang von bis zu 30% des Nettovermögens aufgenommen werden, sofern sie nachweisen können, dass sie sich hinsichtlich ihrer ESG-Eigenschaften auf dem Weg der Besserung befinden.
Bei der Auswahl der Anlagen wird das Anlageuniversum des Teilfonds durch den Ausschluss von Emittenten aufgrund ihrer ESG-Eigenschaften um mindestens 20% verkleinert.
In Bezug auf seine Direktanlagen berücksichtigt der Teilfonds:
- eine unternehmensweite Ausschlussliste, die Streumunition und Antipersonenminen umfasst, und
- eine prinzipienbasierte Ausschlussrichtlinie, die Folgendes beinhaltet:
	- eine normenbasierte Überprüfung von Emittenten, die nach Auffassung des Anlageverwalters ihre Geschäfte nicht in Übereinstimmung mit internationalen Normen, darunter dem im UNGC festgelegten, geführt haben; und
	- ein Filterkriterium, durch das bestimmte Sektoren, Emittenten oder Praktiken auf der Grundlage konkreter ESG-Kriterien ausgeschlossen werden können, wobei für diese Kriterien möglicherweise auch Erlösschwellen angewendet werden.


Die oben genannten Ausschluss- und Filterkriterien (die „Ausschlusskriterien“) werden möglicherweise von Zeit zu Zeit aktualisiert. Weitere Informationen erhalten Sie auf der Website Sustainable investing framework (fidelityinternational.com).
Es steht zudem im Ermessen des Investmentmanagers, von Zeit zu Zeit erweiterte, strengere Nachhaltigkeitsanforderungen und Ausschlusskriterien anzuwenden.
Worin bestehen die verbindlichen Elemente der Anlagestrategie, die für die Auswahl der Investitionen zur Erfüllung der beworbenen ökologischen oder sozialen Ziele verwendet werden?
Der Teilfonds investiert:
- mindestens 70% seines  Vermögens  in  Wertpapiere von  Emittenten  mit  guten ESG-Eigenschaften,
- mindestens 20% in nachhaltige Anlagen, von denen 0% ein Umweltziel aufweisen, das sich an der EU-Taxonomie orientiert, mindestens 5% ein Umweltziel, das sich nicht an der EU-Taxonomie orientiert, und mindestens 1% ein Sozialziel verfolgen.

Mindestens 90% des Nettovermögens des Teilfonds werden dahingehend untersucht, ob sie gute ESG-Eigenschaften aufweisen. Bei der Auswahl der Anlagen wird das Anlageuniversum des Teilfonds durch den Ausschluss von Emittenten aufgrund ihrer ESG-Eigenschaften um mindestens 20% verkleinert.
Darüber hinaus wird der Teilfonds die oben beschriebenen Ausschlusskriterien wie oben beschrieben auf Direktanlagen anwenden.
Um welchen Mindestsatz wird der Umfang der vor der Anwendung dieser Anlagestrategie in Betracht gezogenen Investitionen reduziert?
Bei der Auswahl der Anlagen wird das Anlageuniversum des Teilfonds durch den Ausschluss von Emittenten aufgrund ihrer ESG-Eigenschaften um mindestens 20% verkleinert.
Die Verfahrensweisen einer guten
Unternehmensführung umfassen solide Managementstrukturen, die Beziehungen zu den Arbeitnehmern, die Vergütung von Mitarbeitern sowie die Einhaltung der Steuervorschriften.
Wie werden die Verfahrensweisen einer guten Unternehmensführung der Unternehmen, in die investiert wird, bewertet?
Die Governance-Praktiken von Emittenten werden anhand von Fundamental-Research bewertet, wozu ESG-Ratings von Fidelity, Daten zu Kontroversen und Verstößen gegen den UN Global Compact gehören.
Zu den wichtigsten der analysierten Fragen gehören die Erfolgsbilanz hinsichtlich: Kapitalallokation, finanzieller Transparenz, Transaktionen mit nahe stehenden Unternehmen und Personen, Unabhängigkeit und Größe des Vorstands, Vergütung von Führungskräften, Wirtschaftsprüfung und interne Revision, Rechte der Minderheitsaktionäre und anderen Indikatoren.

###### Welche Vermögensallokation ist für dieses Finanzprodukt geplant?
Die Vermögensallokation gibt den jeweiligen Anteil der Investitionen in bestimmte Vermögenswerte an.
Taxonomiekonforme Tätigkeiten, ausgedrückt durch den Anteil der:
- Umsatzerlöse, die den Anteil der Einnahmen aus umweltfreundlichenAktivitäten der Unternehmen, in die investiert wird, widerspiegeln
- Investitionsausgaben (CapEx), die die umweltfreundlichen Investitionen der Unternehmen, in die investiert wird, aufzeigen,z.B. für den Übergang zu einer grünen Wirtschaft- Betriebsausgaben (OpEx), die die umweltfreundlichenbetrieblichen Aktivitäten der Unternehmen, in die investiert wird, widerspiegeln(#1 Ausgerichtet an E/S-Eigenschaften) Der Teilfonds investiert:
- mindestens 70% seines	Vermögens	in	Wertpapiere	von	Emittenten	mit	guten ESG-Eigenschaften,
- mindestens 20% seines Vermögens in nachhaltige (#1A nachhaltig) Anlagen, von denen mindestens 0% ein Umweltziel verfolgen (das an der EU-Taxonomie ausgerichtet ist), mindestens 5% ein Umweltziel haben (das nicht an der EU-Taxonomie ausgerichtet ist) und mindestens 1% ein Sozialziel haben. Die übrigen nachhaltigen Anlagen des Teilfonds können ein Umwelt- oder Sozialziel verfolgen.

Sonstige Umweltziele 5%
(#1B Sonstige E/S-Eigenschaften) Umfasst Wertpapiere von Emittenten mit guten ESG-Eigenschaften, die aber keine nachhaltigen Anlagen sind.
#1A Nachhaltige
Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale
70%
Investitionen 20%
#1B Andere ökologische oder soziale Merkmale
Soziales 1%
#2 Andere Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst Investitionen des Finanzprodukts, die zur Erreichung der beworbenen ökologischen oder sozialen Merkmale getätigt wurden.
#2 Andere Investitionen umfasst die übrigen Investitionen des Finanzprodukts, die weder auf ökologische oder soziale Merkmale ausgerichtet sind noch als nachhaltige Investitionen eingestuft werden.
Die Kategorie #1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst folgende Unterkategorien:
Die Unterkategorie #1A Nachhaltige Investitionen umfasst nachhaltige Investitionen mit ökologischen oder sozialen Zielen.
Die Unterkategorie #1B Andere ökologische oder soziale Merkmale umfasst Investitionen, die auf ökologische oder soziale Merkmale ausgerichtet sind, aber nicht als nachhaltige Investitionen eingestuft werden.
Inwiefern werden durch den Einsatz von Derivaten die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht?
Wenn das einem Derivat zugrunde liegende Wertpapier im Einklang mit dem System für nachhaltiges Investieren von Fidelity gute ESG-Eigenschaften aufweist, darf das Derivat zur Feststellung des Teilfondsanteils berücksichtigt werden, der Umwelt- oder Sozialeigenschaften fördert.
In welchem Mindestmaß sind nachhaltige Investitionen mit einem Umweltziel mit der EU-Taxonomie konform?
Der Teilfonds investiert mindestens 0% in nachhaltige Anlagen mit einem Umweltziel, die mit der EU-Taxonomie konform sind.
Die Konformität der Anlagen des Teilfonds mit der EU-Taxonomie wird nicht durch Wirtschaftsprüfer oder mittels einer Überprüfung durch Dritte sichergestellt.
Die Ausrichtung der zugrunde liegenden Anlagen des Teilfonds an der EU-Taxonomie wird anhand des Umsatzes gemessen.
Investiert das Finanzprodukt in Aktivitäten im Zusammenhang mit fossilem Gas und/oder Kernenergie, die der EU-Taxonomie¹ entsprechen?
- JaNein
- In fossiles Gas	In KernenergieWie hoch ist der Mindestanteil der Investitionen in Übergangstätigkeiten und ermöglichende Tätigkeiten?

Der Teilfonds investiert mindestens 0% in Übergangstätigkeiten und ermöglichende Tätigkeiten.
Wie hoch ist der Mindestanteil nachhaltiger Investitionen mit einem Umweltziel, die nicht mit der EU-Taxonomie konform sind?
Der Teilfonds investiert mindestens 5% in nachhaltige Anlagen mit einem Umweltziel, das nicht mit der EU-Taxonomie konform ist.
Die Anlagen können zwar mit der EU-Taxonomie konform sein, aber der Investmentmanager ist derzeit nicht in der Lage, den genauen Anteil der Anlagen des Teilfonds anzugeben, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftstätigkeiten berücksichtigen. Die Position wird jedoch weiterhin überprüft, wenn die zugrunde liegenden Regeln festgelegt sind und im Laufe der Zeit mehr zuverlässige Daten zur Verfügung stehen.
¹ Tätigkeiten im Bereich fossiles Gas und/oder Kernenergie sind nur dann EU-taxonomiekonform, wenn sie zur Eindämmung des Klimawandels („Klimaschutz“) beitragen und kein Ziel der EU-Taxonomie erheblich beeinträchtigen – siehe Erläuterung am linken Rand. Die vollständigen Kriterien für EU-taxonomiekonforme Wirtschaftstätigkeiten im Bereich fossiles Gas und Kernenergie sind in der Delegierten Verordnung (EU) 2022/1214 der Kommission festgelegt.
Wie hoch ist der Mindestanteil der sozial nachhaltigen Investitionen?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Sozialziel.
Welche Investitionen fallen unter ,,#2 Andere Investitionen", welcher Anlagezweck wird mit ihnen verfolgt und gibt es einen ökologischen oder sozialen Mindestschutz?
Die verbleibenden Anlagen des Teilfonds können in Wertpapieren von Emittenten erfolgen, die nachweisen können, dass sie sich in Bezug auf ihre ESG-Eigenschaften auf einem Kurs der Verbesserung befinden, und für Liquiditätszwecke in liquiden Mitteln und liquiden Mitteln gleichstehenden Mitteln sowie in Derivaten, die als Anlagen und für ein effizientes Portfoliomanagement eingesetzt werden können.
Zur Gewährleistung eines Mindestmaßes an Umwelt- und Sozialabsicherungen wendet der Teilfonds die Ausschlusskriterien an.

###### Wurde ein Index als Referenzwert bestimmt, um festzustellen, ob dieses Finanzprodukt auf die beworbenen ökologischen und/oder sozialen Merkmale ausgerichtet ist?
Es wird kein bestimmter Index als Referenzbenchmark angegeben, um festzustellen, ob dieses Finanzprodukt zu den geförderten Umwelt- oder Sozialeigenschaften passt.
Bei den Referenzwerten handelt es sich um Indizes, mit denen gemessen wird, ob das Finanzprodukt die beworbenen ökologischen oder sozialen Merkmale erreicht.
Inwiefern ist der Referenzwert kontinuierlich auf die mit dem Finanzprodukt beworbenen ökologischen und sozialen Merkmale ausgerichtet?
Diese Frage ist hier nicht relevant.
Wie wird die kontinuierliche Ausrichtung der Anlagestrategie auf die Indexmethode sichergestellt?
Diese Frage ist hier nicht relevant.
Wie unterscheidet sich der bestimmte Index von einem relevanten breiten Marktindex?
Diese Frage ist hier nicht relevant.
Wo kann die Methode zur Berechnung des bestimmten Indexes eingesehen werden?
Diese Frage ist hier nicht relevant.

###### 	Wo kann ich im Internet weitere produktspezifische Informationen finden?
Weitere produktspezifische Informationen finden Sie auf der Website: https:/www.fidelity.lu/funds/factsheet/LU1881514001/tab-disclosure#SFDR-disclosure. 
Weitere Informationen zu den hier dargelegten Methoden finden Sie auf der Website: System fürnachhaltiges Investieren (fidelityinternational.com).
Vorvertragliche Informationen zu den in Artikel 8 Absätze 1, 2 und 2a der Verordnung (EU) 2019/2088 und Artikel 6 Absatz 1 der Verordnung (EU) 2020/852 genannten Finanzprodukten
Name des Produkts:	Unternehmenskennung (LEI- Code):
Fidelity Funds - Sustainable Global Dividend Plus Fund	549300OZL7XSDZJCL571

###### Ökologische und/oder soziale Merkmale
| Werden mit diesem Finanzprodukt nachhaltige Investitionen angestrebt? |
| --- |
|  | - Ja
 |  | Nein |
| - Es wird damit ein MindestanteiI an nachhaltigen Investitionen mit einem Umweltziel getätigt:%
	- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie als ökologisch nachhaltig einzustufen sind
	- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie nicht als ökologisch nachhaltig einzustufen sind

- Es wird damit ein Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel getätigt:%
 | Es werden damit ökologische/soziale Merkmale beworben und obwohl keine nachhaltigen Investitionen angestrebt werden, enthält es einen Mindestanteil von 25% an nachhaltigen Investitionen. - mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie als ökologisch nachhaltig einzustufen sindmit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie nicht als ökologisch nachhaltig einzustufen sindmit einem sozialen Ziel
- Es	werden		damit	ökologische/soziale Merkmale	beworben,		aber	keinenachhaltigen Investitionen getätigt.
 |

Welche ökologischen und/ oder sozialen Merkmale werden mit diesem Finanzprodukt beworben?
Mit Nachhaltigkeitsin- dikatoren wird gemessen, inwieweit die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht werden.
Der Teilfonds fördert Umwelt- und Sozialeigenschaften, indem er in Wertpapiere von Emittenten mit guten ESG-Eigenschaften investiert. Gute ESG-Eigenschaften werden anhand von ESG-Ratings ermittelt. ESG-Ratings berücksichtigen Umwelteigenschaften wie CO2-Intensität, CO2-Emissionen, Energieeffizienz, Wasser- und Abfallmanagement und Biodiversität sowie Sozialeigenschaften wie Produktsicherheit, Lieferkette, Gesundheit und Sicherheit sowie Menschenrechte.
Der Teilfonds ist in gewissem Maße bestrebt, nachhaltige Anlagen zu tätigen.
Es wird keine Referenzbenchmark festgelegt, um die geförderten Umwelt- und Sozialeigenschaften zu erreichen.
einzelnen ökologischen oder sozialen Merkmale, die durch dieses Finanzprodukt beworben werden, herangezogen?
Der Teilfonds verwendet die folgenden Nachhaltigkeitsindikatoren, um die Ausprägung der von ihm geförderten Umwelt- oder Sozialeigenschaften zu messen:
- der  Prozentsatz des Teilfonds, der in Wertpapieren von Emittenten mit guten ESG-Eigenschaften im Einklang mit dem System für nachhaltiges Investieren von Fidelity investiert ist;
- in Bezug auf seine Direktanlagen der Prozentsatz des Teilfonds, der in Wertpapiere von Emittenten investiert ist, auf die Ausschlusskriterien (wie unten definiert) zutreffen;
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen investiert ist; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel bei Wirtschaftsaktivitäten investiert ist, die gemäß der EU-Taxonomie nicht als ökologisch nachhaltig gelten; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel investiert ist.

Welches sind die Ziele der nachhaltigen Investitionen, die mit dem
Finanzprodukt teilweise getätigt werden sollen, und wie trägt die nachhaltige Investition zu diesen Zielen bei?
Der Teilfonds ermittelt wie folgt, ob eine Anlage nachhaltig ist:
- Emittenten, die wirtschaftliche Tätigkeiten ausüben, die zu einem oder mehreren der in der EU-Taxonomie festgelegten Umweltziele beitragen und gemäß der EU-Taxonomie als ökologisch nachhaltig gelten; oder
- Emittenten, bei denen der Großteil ihrer Geschäftstätigkeit (mehr als 50% des Umsatzes) zu Umwelt- oder Sozialzielen beiträgt, die mit einem oder mehreren der Ziele der Vereinten Nationen für nachhaltige Entwicklung („SDG“) in Einklang stehen; oder
- Emittenten, die ein Dekarbonisierungsziel festgelegt haben, das mit einem Temperaturanstiegsszenario mit 1,5 Grad oder weniger vereinbar ist (überprüft durch die Science Based Target Initiative oder ein Fidelity Proprietary Climate Rating), das als Beitrag zu Umweltzielen angesehen wird;sofern sie keinen wesentlichen Schaden anrichten, Mindestabsicherungen bieten und gute Governance-Kriterien aufweisen.

teilweise getätigt werden sollen, keinem der ökologischen oder sozialen nachhaltigen Anlageziele erheblich schaden?
Nachhaltige Anlagen werden auf ihre Beteiligung an Aktivitäten überprüft, die erheblichen Schaden und Kontroversen verursachen, und durch eine Kontrolle bewertet, ob der Emittent Mindestabsicherungen und -standards hinsichtlich der wichtigsten nachteiligen Auswirkungen (PAI) sowie für die Leistung bei den PAI-Kennzahlen umsetzt bzw. erfüllt. Dazu gehören:
- Normenbasierte Filterkriterien – das Filtern von Wertpapieren, die gemäß den bestehenden (unten beschriebenen) normenbasierten Filterkriterien von Fidelity ermittelt wurden, anhand von:
- aktivitätsbasierten Filterkriterien – das Filtern von Emittenten auf der Grundlage ihrer Beteiligung an Aktivitäten mit erheblichen negativen Auswirkungen auf die Gesellschaft oder die Umwelt, darunter Emittenten, bei denen aufgrund der Filterkriterien für Kontroversen eine„sehr gravierende“ Kontroverse vorliegt, die im Bereich
- Umwelt,
- Menschenrechte und Gemeinschaften,
- Arbeitnehmerrechte und Lieferkette,
- Kunden,
- Governance angesiedelt ist; und anhand von
	- PAI-Indikatoren. Quantitative Daten (sofern verfügbar) zu PAI-Indikatoren werden verwendet, um zu bewerten, ob ein Emittent an Aktivitäten beteiligt ist, die einem Umwelt- oder Sozialziel erheblichen Schaden zufügen.


Bei den wichtigsten nachteiligen Auswirkungen handelt es sich um die bedeutendsten nachteiligen Auswirkungen von Investitionsentscheidun- gen auf NachhaItigkeitsfaktoren in den Bereichen Umwelt, Soziales und Beschäftigung, Achtung der Menschenrechte und Bekämpfung von Korruption und Bestechung.
Wie wurden die Indikatoren für nachteilige Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Für nachhaltige Anlagen, wie oben beschrieben, führt Fidelity eine quantitative Bewertung  durch,  um  Unternehmen  mit  einer  problematischen  Leistung  bei PAI-Indikatoren zu ermitteln. Emittenten mit einer niedrigen Punktzahl kommen nur dann für „nachhaltige Anlagen“ infrage, wenn die Fundamentalresearch von Fidelity feststellt, dass der Emittent nicht gegen die Anforderungen verstößt, „keinen wesentlichen Schaden anrichtet“ oder sich auf einem Weg befindet, um die nachteiligen Auswirkungen durch effektives Management oder einen Übergang abzumildern.
Wie stehen die nachhaltigen Investitionen mit den OECD-Leitsätzen für multinationale Unternehmen und den Leitprinzipien der Vereinten Nationen für Wirtschaft und
Menschenrechte in Einklang? Nähere Angaben:
Es werden normenbasierte Filterkriterien angewendet: Emittenten, bei denen festgestellt wurde, dass sie sich nicht in einer Weise verhalten, die ihrer grundlegenden Verantwortung in den Bereichen Menschenrechte, Arbeit, Umwelt und Korruptionsbekämpfung im Einklang mit internationalen Normen gerecht wird, darunter denjenigen, die in den OECD-Leitsätzen für multinationale Unternehmen, den Leitprinzipien der Vereinten Nationen für Wirtschaft und Menschenrechte, dem UN Global Compact (UNGC) und den IAO-Standards der Internationalen Arbeitsorganisation (ILO) festgelegt sind, kommen für nachhaltige Investitionen nicht infrage.
In der EU-Taxonomie ist der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" festgelegt, nach dem taxonomiekonforme Investitionen die Ziele der EU-Taxonomie nicht erheblich beeinträchtigen dürfen, und es sind spezifische EU-Kriterien beigefügt. Der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" findet nur bei denjenigen dem Finanzprodukt zugrunde liegenden Investitionen Anwendung, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten berücksichtigen. Die dem verbleibenden Teil dieses  Finanzprodukts zugrunde  liegenden Investitionen berücksichtigen nicht die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten. Alle anderen nachhaltigen Investitionen dürfen ökologische oder soziale Ziele ebenfalls nicht erheblich beeinträchtigen.

###### Werden bei diesem Finanzprodukt die wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Ja
- NeinDie wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren werden mit Hilfe einer Vielzahl von Instrumenten berücksichtigt und in Anlageentscheidungen einbezogen. Hierzu zählen:
- Due Diligence – Analyse, ob die wichtigsten nachteiligen Auswirkungen (PAI) wesentlich und negativ sind.
- ESG-Rating – Fidelity bezieht sich auf ESG-Ratings, die wesentliche nachteilige Auswirkungen wie CO2-Emissionen, Mitarbeitersicherheit, Bestechung und Korruption sowie Wassermanagement berücksichtigen, und bei den von Staaten ausgegebenen Wertpapieren berücksichtigen die verwendeten Ratings wichtige nachteilige Auswirkungen (PAI) wie CO2-Emissionen, Sozialverstöße und die Meinungsfreiheit.
- Ausschlusskriterien – Bei Direktanlagen in Unternehmen als Emittenten wendet der Teilfonds die (unten definierten) Ausschlusskriterien an, um die wichtigsten nachteiligen Auswirkungen abzumildern. Dazu schließt er schädliche Sektoren aus und verbietet Investitionen in Emittenten, die gegen internationale Standards wie den UNGC verstoßen.
- Mitwirkung – Fidelity nutzt Mitwirkung als ein Instrument, um die wichtigsten nachteiligen Auswirkungen besser zu verstehen und sich unter bestimmten Umständen für die Abmilderung der wichtigsten nachteiligen Auswirkungen einzusetzen. Fidelity beteiligt sich an relevanten individuellen und kollaborativen Arten der Mitwirkung, die auf eine Reihe von wichtigen negativen Auswirkungen abzielen (z. B. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Abstimmungsverhalten – Die Abstimmungspolitik von Fidelity umfasst bei Unternehmen als Emittenten explizite Mindeststandards für die Geschlechtervielfalt im Aufsichtsrat und die Auseinandersetzung mit dem Klimawandel. Fidelity kann auch auf eine Weise abstimmen, dass die wichtigsten nachteiligen Auswirkungen abgemildert werden.
- Vierteljährliche Überprüfungen – Überwachung der wichtigsten nachteiligen Auswirkungen (PAI) durch den vierteljährlichen Überprüfungsprozess des Teilfonds.

Wenn es um die Frage geht, ob Investitionen eine wesentliche nachteilige Auswirkung haben, berücksichtigt Fidelity für jeden Nachhaltigkeitsfaktor spezifische Indikatoren. Diese Indikatoren hängen von der Datenverfügbarkeit ab und können sich mit zunehmender Datenqualität und
-verfügbarkeit weiterentwickeln.
Informationen über die wichtigsten nachteiligen Auswirkungen werden im Jahresbericht des Teilfonds zur Verfügung gestellt.

###### Welche Anlagestrategie wird mit diesem Finanzprodukt verfolgt?
Die Anlagestrategie dient aIs Richtschnur für Investitionsentscheidun- gen, wobei bestimmte Kriterien wie beispielsweise Investitionsziele oder Risikotoleranz
berücksichtigt werden.
Der Teilfonds gehört zur Familie der Fidelity Nachhaltigkeitsfonds und verfolgt eine auf Nachhaltigkeit ausgerichtete Strategie, nach der mindestens 70% des Nettovermögens des Teilfonds in Wertpapiere investiert werden, die gute ESG-Eigenschaften aufweisen.
Ob ESG-Eigenschaften gut sind, wird anhand von ESG-Ratings externer Agenturen und von Fidelity ESG-Ratings ermittelt.
Emittenten, deren Rating sie für die Zwecke des Primärziels (mindestens 70% des Vermögens) als ungeeignet zur Einstufung als Unternehmen mit guten ESG-Eigenschaften erscheinen lässt, können im Umfang von bis zu 30% des Nettovermögens aufgenommen werden, sofern sie nachweisen können, dass sie sich hinsichtlich ihrer ESG-Eigenschaften auf dem Weg der Besserung befinden.
Nach Ausschluss von 20% der Vermögenswerte mit den niedrigsten ESG-Ratings übersteigt das durchschnittliche ESG-Rating des Teilfonds das durchschnittliche ESG-Rating des Anlageuniversums des Teilfonds.
Innerhalb dieses Anlageuniversums wählt der Investmentmanager Aktien durch strenge Finanzanalysen und -bewertungen nach dem Bottom-up-Prinzip aus, um Aktien mit dem Potenzial für eine starke Anlagerendite auszuwählen.
In Bezug auf seine Direktanlagen berücksichtigt der Teilfonds:
- eine unternehmensweite Ausschlussliste, die Streumunition und Antipersonenminen umfasst, und
- eine prinzipienbasierte Ausschlussrichtlinie, die Folgendes beinhaltet:
	- eine normenbasierte Filterung von Emittenten, die nach Auffassung des Investmentmanagers ihre Geschäfte nicht in Übereinstimmung mit internationalen Normen, darunter denen des UNGC, geführt haben; und
	- ein Filterkriterium, durch das bestimmte Sektoren, Emittenten oder Praktiken auf der Grundlage konkreter ESG-Kriterien ausgeschlossen werden können, wobei für diese Kriterien möglicherweise auch Umsatzschwellen angewendet werden.


Die oben genannten Ausschluss- und Filterkriterien (die „Ausschlusskriterien“) werden möglicherweise von Zeit zu Zeit aktualisiert. Weitere Informationen erhalten Sie auf der Website Sustainable investing framework (fidelityinternational.com).
Es steht zudem im Ermessen des Investmentmanagers, von Zeit zu Zeit erweiterte, strengere Nachhaltigkeitsanforderungen und Ausschlusskriterien anzuwenden.
Worin bestehen die verbindlichen Elemente der Anlagestrategie, die für die Auswahl der Investitionen zur Erfüllung der beworbenen ökologischen oder sozialen Ziele verwendet werden?
Der Teilfonds investiert:
- mindestens 70% seines Vermögens in Emittenten mit guten ESG-Eigenschaften;
- mindestens 25% in nachhaltige Anlagen, von denen mindestens 0% ein Umweltziel verfolgen, das sich an der EU-Taxonomie orientiert, mindestens 5% ein Umweltziel, das sich nicht an der EU-Taxonomie orientiert, und mindestens 5% ein Sozialziel.

Der Teilfonds bewertet die ESG-Eigenschaften von mindestens 90% seines Vermögens. Nach Ausschluss von 20% der Vermögenswerte mit den niedrigsten ESG-Ratings übersteigt das durchschnittliche ESG-Rating des Teilfonds das durchschnittliche ESG-Rating des Anlageuniversums des Teilfonds.
Darüber hinaus wird der Teilfonds die oben beschriebenen Ausschlusskriterien wie oben beschrieben auf Direktanlagen anwenden.
Um welchen Mindestsatz wird der Umfang der vor der Anwendung dieser Anlagestrategie in Betracht gezogenen Investitionen reduziert?
Diese Frage ist hier nicht relevant.
Die Verfahrensweisen einer guten
Unternehmensführung umfassen solide Managementstrukturen, die Beziehungen zu den Arbeitnehmern, die Vergütung von Mitarbeitern sowie die Einhaltung der Steuervorschriften.
Wie werden die Verfahrensweisen einer guten Unternehmensführung der Unternehmen, in die investiert wird, bewertet?
Die Governance-Praktiken der Emittenten werden anhand von Fundamentalresearch bewertet, die Fidelity ESG-Ratings sowie Daten zu Kontroversen und Verstößen gegen den UN Global Compact berücksichtigt.
Zu den wichtigsten Punkten, die analysiert werden, gehören unter anderem die Erfolgsbilanz der Kapitalallokation, die finanzielle Transparenz, Transaktionen mit nahestehenden Parteien, die Unabhängigkeit und Größe des Vorstands, die Vergütung der Führungskräfte, die Abschlussprüfer und die interne Aufsicht sowie die Rechte der Minderheitsanteilinhaber.

###### Welche Vermögensallokation ist für dieses Finanzprodukt geplant?
Die Vermögensallokation gibt den jeweiligen Anteil der Investitionen in bestimmte Vermögenswerte an.
Taxonomiekonforme Tätigkeiten, ausgedrückt durch den Anteil der:
- Umsatzerlöse, die den Anteil der Einnahmen aus umweltfreundlichenAktivitäten der Unternehmen, in die investiert wird, widerspiegeln
- Investitionsausgaben (CapEx), die die umweltfreundlichen Investitionen der Unternehmen, in die investiert wird, aufzeigen,z.B. für den Übergang zu einer grünen Wirtschaft- Betriebsausgaben (OpEx), die die umweltfreundlichenbetrieblichen Aktivitäten der Unternehmen, in die investiert wird, widerspiegeln(#1 Ausgerichtet an E/S-Eigenschaften) Der Teilfonds investiert:
- mindestens 70% seines	Vermögens	in	Wertpapiere	von	Emittenten	mit	guten ESG-Eigenschaften,
- mindestens 25% seines Vermögens in nachhaltige (#1A nachhaltig) Anlagen, von denen mindestens 0% ein Umweltziel verfolgen (das an der EU-Taxonomie ausgerichtet ist), mindestens 5% ein Umweltziel haben (das nicht an der EU-Taxonomie ausgerichtet ist) und mindestens 5% ein Sozialziel haben. Die übrigen nachhaltigen Anlagen des Teilfonds können ein Umwelt- oder Sozialziel verfolgen.

Sonstige Umweltziele 5%
(#1B Sonstige E/S-Eigenschaften) Umfasst Wertpapiere von Emittenten mit guten ESG-Eigenschaften, die aber keine nachhaltigen Anlagen sind.
#1A Nachhaltige
Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale
70%
Investitionen 25%
#1B Andere ökologische oder soziale Merkmale
Soziales 5%
#2 Andere Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst Investitionen des Finanzprodukts, die zur Erreichung der beworbenen ökologischen oder sozialen Merkmale getätigt wurden.
#2 Andere Investitionen umfasst die übrigen Investitionen des Finanzprodukts, die weder auf ökologische oder soziale Merkmale ausgerichtet sind noch als nachhaltige Investitionen eingestuft werden.
Die Kategorie #1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst folgende Unterkategorien:
Die Unterkategorie #1A Nachhaltige Investitionen umfasst nachhaltige Investitionen mit ökologischen oder sozialen Zielen.
Die Unterkategorie #1B Andere ökologische oder soziale Merkmale umfasst Investitionen, die auf ökologische oder soziale Merkmale ausgerichtet sind, aber nicht als nachhaltige Investitionen eingestuft werden.
Inwiefern werden durch den Einsatz von Derivaten die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht?
Wenn das einem Derivat zugrunde liegende Wertpapier im Einklang mit dem System für nachhaltiges Investieren von Fidelity gute ESG-Eigenschaften aufweist, darf das Derivat zur Feststellung des Teilfondsanteils berücksichtigt werden, der Umwelt- oder Sozialeigenschaften fördert.
In welchem Mindestmaß sind nachhaltige Investitionen mit einem Umweltziel mit der EU-Taxonomie konform?
Der Teilfonds investiert mindestens 0% in nachhaltige Anlagen mit einem Umweltziel, die mit der EU-Taxonomie konform sind.
Die Konformität der Anlagen des Teilfonds mit der EU-Taxonomie wird nicht durch Wirtschaftsprüfer oder mittels einer Überprüfung durch Dritte sichergestellt.
Die Ausrichtung der zugrunde liegenden Anlagen des Teilfonds an der EU-Taxonomie wird anhand des Umsatzes gemessen.
Investiert das Finanzprodukt in Aktivitäten im Zusammenhang mit fossilem Gas und/oder Kernenergie, die der EU-Taxonomie¹ entsprechen?
- JaNein
- In fossiles Gas	In KernenergieWie hoch ist der Mindestanteil der Investitionen in Übergangstätigkeiten und ermöglichende Tätigkeiten?

Der Teilfonds investiert mindestens 0% in Übergangstätigkeiten und ermöglichende Tätigkeiten.
Wie hoch ist der Mindestanteil nachhaltiger Investitionen mit einem Umweltziel, die nicht mit der EU-Taxonomie konform sind?
Der Teilfonds investiert mindestens 5% in nachhaltige Anlagen mit einem Umweltziel, das nicht mit der EU-Taxonomie konform ist.
Die Anlagen können zwar mit der EU-Taxonomie konform sein, aber der Investmentmanager ist derzeit nicht in der Lage, den genauen Anteil der Anlagen des Teilfonds anzugeben, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftstätigkeiten berücksichtigen. Die Position wird jedoch weiterhin überprüft, wenn die zugrunde liegenden Regeln festgelegt sind und im Laufe der Zeit mehr zuverlässige Daten zur Verfügung stehen.
¹ Tätigkeiten im Bereich fossiles Gas und/oder Kernenergie sind nur dann EU-taxonomiekonform, wenn sie zur Eindämmung des Klimawandels („Klimaschutz“) beitragen und kein Ziel der EU-Taxonomie erheblich beeinträchtigen – siehe Erläuterung am linken Rand. Die vollständigen Kriterien für EU-taxonomiekonforme Wirtschaftstätigkeiten im Bereich fossiles Gas und Kernenergie sind in der Delegierten Verordnung (EU) 2022/1214 der Kommission festgelegt.
Wie hoch ist der Mindestanteil der sozial nachhaltigen Investitionen?
Der Teilfonds investiert mindestens 5% in nachhaltige Anlagen mit einem Sozialziel.
Welche Investitionen fallen unter ,,#2 Andere Investitionen", welcher Anlagezweck wird mit ihnen verfolgt und gibt es einen ökologischen oder sozialen Mindestschutz?
Die verbleibenden Anlagen des Teilfonds können in Wertpapieren von Emittenten erfolgen, die nachweisen können, dass sie sich in Bezug auf ihre ESG-Eigenschaften auf einem Kurs der Verbesserung befinden, und für Liquiditätszwecke in liquiden Mitteln und liquiden Mitteln gleichstehenden Mitteln sowie in Derivaten, die als Anlagen und für ein effizientes Portfoliomanagement eingesetzt werden können.
Zur Gewährleistung eines Mindestmaßes an Umwelt- und Sozialabsicherungen wendet der Teilfonds die Ausschlusskriterien an.

###### Wurde ein Index als Referenzwert bestimmt, um festzustellen, ob dieses Finanzprodukt auf die beworbenen ökologischen und/oder sozialen Merkmale ausgerichtet ist?
Es wird kein bestimmter Index als Referenzbenchmark angegeben, um festzustellen, ob dieses Finanzprodukt zu den geförderten Umwelt- oder Sozialeigenschaften passt.
Bei den Referenzwerten handelt es sich um Indizes, mit denen gemessen wird, ob das Finanzprodukt die beworbenen ökologischen oder sozialen Merkmale erreicht.
Inwiefern ist der Referenzwert kontinuierlich auf die mit dem Finanzprodukt beworbenen ökologischen und sozialen Merkmale ausgerichtet?
Diese Frage ist hier nicht relevant.
Wie wird die kontinuierliche Ausrichtung der Anlagestrategie auf die Indexmethode sichergestellt?
Diese Frage ist hier nicht relevant.
Wie unterscheidet sich der bestimmte Index von einem relevanten breiten Marktindex?
Diese Frage ist hier nicht relevant.
Wo kann die Methode zur Berechnung des bestimmten Indexes eingesehen werden?
Diese Frage ist hier nicht relevant.

###### 	Wo kann ich im Internet weitere produktspezifische Informationen finden?
Weitere produktspezifische Informationen finden Sie auf der Website: https:/www.fidelity.lu/funds/factsheet/LU0261951957/tab-disclosure#SFDR-disclosure. 
Weitere Informationen zu den hier dargelegten Methoden finden Sie auf der Website: System fürnachhaltiges Investieren (fidelityinternational.com).
Vorvertragliche Informationen zu den in Artikel 9 Absätze 1 bis 4a der Verordnung (EU) 2019/2088 und Artikel 5 Absatz 1 der Verordnung (EU) 2020/852 genannten Finanzprodukten
Name des Produkts:	Unternehmenskennung (LEI- Code):
Fidelity Funds - Sustainable Global Equity Fund	254900R7XPBV37D85Z68
| Werden mit diesem Finanzprodukt nachhaltige Investitionen angestrebt? |
| --- |
|  | Ja |  | - Nein
 |
| Es wird damit ein MindestanteiI an nachhaltigen Investitionen mit einem Umweltziel getätigt: 20% - in Wirtschaftstätigkeiten, die nach derEU-Taxonomie als ökologisch nachhaltig einzustufen sindin Wirtschaftstätigkeiten, die nach der EU-Taxonomie nicht als ökologisch nachhaltig einzustufen sindEs wird damit ein Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel getätigt: 20%
 | - Es werden damit ökologische/soziale Merkmale beworben und obwohl keine nachhaltigenInvestitionen angestrebt werden, enthält es einen Mindestanteil von % an nachhaltigen Investitionen.
- mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie als ökologisch nachhaltig einzustufen sind
- mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie nicht als ökologisch nachhaltig einzustufen sind
- mit einem sozialen Ziel
- Es	werden		damit	ökologische/soziale Merkmale	beworben,		aber	keinenachhaltigen Investitionen getätigt.
 |


###### Welches nachhaltige Investitionsziel wird mit diesem Finanzprodukt angestrebt?
Mit Nachhaltigkeitsindikatore n wird gemessen, inwieweit die nachhaltigen Ziele dieses Finanzprodukts erreicht werden.
Der Teilfonds strebt langfristiges Kapitalwachstum durch Investitionen in nachhaltige Anlagen an.
Der Teilfonds ermittelt wie folgt, ob eine Anlage nachhaltig ist:
- Emittenten, die wirtschaftliche Tätigkeiten ausüben, die zu einem oder mehreren der in der EU-Taxonomie festgelegten Umweltziele beitragen und gemäß der EU-Taxonomie als ökologisch nachhaltig gelten; oder
- Emittenten, bei denen der Großteil ihrer Geschäftstätigkeit (mehr als 50% des Umsatzes) zu Umwelt- oder Sozialzielen beiträgt, die mit einem oder mehreren der Ziele der Vereinten Nationen für nachhaltige Entwicklung („SDG“) in Einklang stehen; oder
- Emittenten, die ein Dekarbonisierungsziel festgelegt haben, das mit einem Temperaturanstiegsszenario mit 1,5 Grad oder weniger vereinbar ist (überprüft durch die Science Based Target Initiative oder ein Fidelity Proprietary Climate Rating), das als Beitrag zu Umweltzielen angesehen wird;sofern sie keinen wesentlichen Schaden anrichten, Mindestabsicherungen bieten und gute Governance-Kriterien aufweisen.

Der Investmentmanager wählt Emittenten auf der Grundlage des Beitrags ihrer wirtschaftlichen Aktivitäten zu ökologischen oder sozialen Zielen aus, die mit den SDGs in Einklang stehen.
Die SDGs umfassen eine Reihe von Zielen, die von den Vereinten Nationen veröffentlicht wurden und in denen anerkannt wird, dass die Beendigung der Armut und anderer Entbehrungen	mit	Verbesserungen	in	den	Bereichen	Gesundheit	und	Bildung, Wirtschaftswachstum und dem Abbau von Ungleichheiten einhergehen muss, während gleichzeitig der Klimawandel bekämpft und auf den Schutz der Ozeane und Wälder des Planeten hingearbeitet werden muss. Weitere Informationen finden Sie auf der Website der Vereinten	Nationen:	https://sdgs.un.org/goals		.	Zu		den	umweltorientierten Nachhaltigkeitszielen gehören sauberes Wasser und Abwasserentsorgung, erschwingliche und saubere Energie, verantwortungsvoller Verbrauch und verantwortungsvolle Produktion sowie Klimaschutzmaßnahmen. Zu den auf soziale Fragen ausgerichteten SDGs gehören die Bekämpfung von Armut, die Ausrottung von Hungersnöten, Wirtschaftswachstum und produktive Beschäftigung, Industrie, Innovation und Infrastruktur sowie die Sicherheit und Nachhaltigkeit von Städten und Gemeinden.
Es wurde keine Benchmark angegeben, um festzustellen, ob das nachhaltige Anlageziel erreicht wird.
Welche Nachhaltigkeitsindikatoren werden zur Messung der Erreichung des nachhaltigen Investitionsziels dieses Finanzprodukts herangezogen?
Der Teilfonds verwendet die folgenden Nachhaltigkeitsindikatoren, um die Ausprägung der von ihm geförderten nachhaltigen Anlageziele zu messen:
- der Prozentsatz des Teilfonds, der in nachhaltige Anlagen investiert ist;
- der Prozentsatz des Teilfonds, der in nachhaltige Anlagen bei wirtschaftlichen Aktivitäten mit einem Umweltziel investiert ist, das im Sinne der EU-Taxonomie nicht als ökologisch nachhaltig gilt;
- der Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit einem Sozialziel investiert ist; und
- der Prozentsatz des Teilfonds, der in Anlagen bei Wirtschaftsaktivitäten investiert ist, die gemäß den (nachfolgend definierten) Ausschlusskriterien ausgeschlossen werden.

Wie wird erreicht, dass nachhaltige Investitionen nicht zu einer erheblichen Beeinträchtigung des ökologischen oder sozialen nachhaltigen Investitionsziels führen?
Nachhaltige Anlagen werden auf ihre Beteiligung an Aktivitäten überprüft, die erheblichen Schaden und Kontroversen verursachen, und durch eine Kontrolle bewertet, ob der Emittent Mindestabsicherungen und -standards hinsichtlich der wichtigsten nachteiligen Auswirkungen (PAI) sowie für die Leistung bei den PAI-Kennzahlen umsetzt bzw. erfüllt. Dazu gehören:
- Normenbasierte Filterkriterien – das Filtern von Wertpapieren, die gemäß den bestehenden (unten beschriebenen) normenbasierten Filterkriterien von Fidelity ermittelt wurden, anhand von:
- aktivitätsbasierten Filterkriterien – das Filtern von Emittenten auf der Grundlage ihrer Beteiligung an Aktivitäten mit erheblichen negativen Auswirkungen auf die Gesellschaft oder die Umwelt, darunter Emittenten, bei denen aufgrund der Filterkriterien für Kontroversen eine„sehr gravierende“ Kontroverse vorliegt, die im Bereich
- Umwelt,
- Menschenrechte und Gemeinschaften,
- Arbeitnehmerrechte und Lieferkette,
- Kunden,
- Governance angesiedelt ist; und anhand von
	- PAI-Indikatoren.  Quantitative Daten (sofern verfügbar) zu PAI-Indikatoren werden verwendet, um zu bewerten, ob ein Emittent an Aktivitäten beteiligt ist, die einem Umwelt- oder Sozialziel erheblichen Schaden zufügen.


Bei den wichtigsten nachteiligen Auswirkungen handelt es sich um die bedeutendsten nachteiligen Auswirkungen von Investitionsentscheidun- gen auf NachhaItigkeitsfaktoren in den Bereichen Umwelt, Soziales und Beschäftigung, Achtung der Menschenrechte und Bekämpfung von Korruption und Bestechung.
Wie wurden die Indikatoren für nachteilige Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Wie oben beschrieben führt Fidelity eine quantitative Bewertung durch, um Emittenten mit einer problematischen Leistung bei PAI-Indikatoren zu ermitteln. Emittenten mit einer niedrigen Punktzahl kommen nur dann für „nachhaltige Anlagen“ infrage, wenn die Fundamentalresearch von Fidelity feststellt, dass der Emittent nicht gegen die Anforderungen verstößt, „keinen wesentlichen Schaden anrichtet“ oder sich auf einem guten Weg befindet, um die nachteiligen Auswirkungen durch effektives Management oder einen Übergang abzumildern.
Wie stehen die nachhaltigen Investitionen mit den OECD-Leitsätzen für multinationale Unternehmen und den Leitprinzipien der Vereinten Nationen für Wirtschaft und Menschenrechte in Einklang?
Es werden normenbasierte Filterkriterien angewendet: Emittenten, bei denen festgestellt wurde, dass sie sich nicht in einer Weise verhalten, die ihrer grundlegenden Verantwortung in den Bereichen Menschenrechte, Arbeit, Umwelt und Korruptionsbekämpfung im Einklang mit internationalen Normen gerecht wird, darunter denjenigen, die in den OECD-Leitsätzen für multinationale Unternehmen, den Leitprinzipien der Vereinten Nationen für Wirtschaft und Menschenrechte, dem UN Global Compact (UNGC) und den Konventionen der Internationalen Arbeitsorganisation (ILO) festgelegt sind, kommen für nachhaltige Investitionen nicht infrage.

###### Werden bei diesem Finanzprodukt die wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Ja
- NeinDie wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren werden mit Hilfe einer Vielzahl von Instrumenten berücksichtigt und in Anlageentscheidungen einbezogen. Hierzu zählen:
- Due Diligence – Analyse, ob die wichtigsten nachteiligen Auswirkungen (PAI) wesentlich undnegativ sind.
- ESG-Rating – Fidelity bezieht sich auf ESG-Ratings, die wesentliche nachteilige Auswirkungen wie CO2-Emissionen, Mitarbeitersicherheit, Bestechung und Korruption sowie Wassermanagement berücksichtigen, und bei den von Staaten ausgegebenen Wertpapieren berücksichtigen die verwendeten Ratings wichtige nachteilige Auswirkungen (PAI) wie CO2-Emissionen, Sozialverstöße und die Meinungsfreiheit.
- Ausschlusskriterien – Bei Direktanlagen in Unternehmen als Emittenten wendet der Teilfonds die (unten definierten) Ausschlusskriterien an, um die wichtigsten nachteiligen Auswirkungen abzumildern. Dazu schließt er schädliche Sektoren aus und verbietet Investitionen in Emittenten, die gegen internationale Standards wie den UNGC verstoßen.
- Mitwirkung – Fidelity nutzt Mitwirkung als ein Instrument, um die wichtigsten nachteiligen Auswirkungen besser zu verstehen und sich unter bestimmten Umständen für die Abmilderung der wichtigsten nachteiligen Auswirkungen einzusetzen. Fidelity beteiligt sich an relevanten individuellen und kollaborativen Arten der Mitwirkung, die auf eine Reihe von wichtigen negativen Auswirkungen abzielen (z. B. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Abstimmungsverhalten – Die Abstimmungspolitik von Fidelity umfasst bei Unternehmen als Emittenten explizite Mindeststandards für die Geschlechtervielfalt im Aufsichtsrat und die Auseinandersetzung mit dem Klimawandel. Fidelity kann auch auf eine Weise abstimmen, dass die wichtigsten nachteiligen Auswirkungen abgemildert werden.
- Vierteljährliche Überprüfungen – Überwachung der wichtigsten nachteiligen Auswirkungen (PAI) durch den vierteljährlichen Überprüfungsprozess des Teilfonds.

Wenn es um die Frage geht, ob Investitionen eine wesentliche nachteilige Auswirkung haben, berücksichtigt Fidelity für jeden Nachhaltigkeitsfaktor spezifische Indikatoren. Diese Indikatoren hängen von der Datenverfügbarkeit ab und können sich mit zunehmender Datenqualität und
-verfügbarkeit weiterentwickeln.
Informationen über die wichtigsten nachteiligen Auswirkungen werden im Jahresbericht des Teilfonds zur Verfügung gestellt.

###### Welche Anlagestrategie wird mit diesem Finanzprodukt verfolgt?
Die Anlagestrategie dient aIs Richtschnur für Investitionsentscheidun- gen, wobei bestimmte Kriterien wie beispielsweise Investitionsziele oder Risikotoleranz
berücksichtigt werden.
Der Teilfonds investiert in Unternehmen, die einen Beitrag zu Umwelt- oder Sozialzielen leisten und an mindestens einem SDG orientiert sind, die keinen erheblichen Schaden anrichten und Mindestanforderungen an Absicherung und gute Unternehmensführung erfüllen.
Innerhalb dieses Anlageuniversums wählt der Investmentmanager Aktien mit Hilfe rigoroser Bottom-up-Finanzanalysen und -bewertungen aus, um Aktien mit einem Potenzial für hohe Anlagerenditen auszuwählen.
Schlüsselkomponenten der Anlagestrategie:
- nachhaltige Anlagen; mindestens 80% dieser Vermögenswerte werden nachhaltig angelegt.
- Beitrag zu Umwelt- oder Sozialzielen, die an mindestens einem SDG orientiert sind; alle Unternehmen im Teilfonds müssen einen Anteil (von mehr als Null) an Geschäftstätigkeiten aufweisen, die zu Umwelt- oder Sozialzielen beitragen, die an SDGs orientiert sind.
- Keinen wesentlichen Schaden anrichten; der Teilfonds wendet das oben beschriebene Kriterium „Keinen wesentlichen Schaden anrichten“ auf alle im Teilfonds gehaltenen Direktanlagen an.
- Mindestabsicherungen; Der Fonds schließt Direktanlagen in Unternehmen aus, die ihre Geschäfte nicht in Übereinstimmung mit anerkannten internationalen Normen betreiben, darunter die OECD-Leitsätze für multinationale Unternehmen, die Leitprinzipien der Vereinten Nationen für Wirtschaft und Menschenrechte, der UN Global Compact (UNGC) und die Übereinkommen der Internationalen Arbeitsorganisation (ILO).
- Gute Unternehmensführung; Alle Beteiligungsunternehmen des Teilfonds werden auf Kontroversen überprüft, darunter auf Steuer-, Bestechungs- und Korruptionsvorwürfe.
- Ausschlusskriterien; in Bezug auf seine Direktanlagen gilt für den Teilfonds:
	- eine unternehmensweite Ausschlussliste, die Streumunition und Antipersonenlandminen umfasst; und
	- eine prinzipienbasierte Ausschlussrichtlinie, die Folgendes umfasst:
		- normenbasierte Filterung von Emittenten, die nach Ansicht des Investmentmanagers ihre Geschäfte nicht im Einklang mit internationalen Normen, darunter denen des UNGC, durchgeführt haben; und
		- Negativfilterung bestimmter Sektoren, Emittenten oder Praktiken auf der Grundlage konkreter ESG-Kriterien, bei denen zudem Umsatzschwellen angewendet werden können.



Es liegt im Ermessen des Investmentmanagers, unter Berücksichtigung des jeweiligen Anlageprozesses von Zeit zu Zeit zusätzliche Nachhaltigkeits- und Ausschlusskriterien anzuwenden.
Die oben genannten Ausschluss- und Filterkriterien (die „Ausschlusskriterien“) werden möglicherweise von Zeit zu Zeit aktualisiert. Weitere Informationen erhalten Sie auf der Website Sustainable investing framework (fidelityinternational.com).
Darüber hinaus bewertet der Teilfonds die ESG-Ratings (entweder basierend auf externen Ratings oder den ESG-Ratings von Fidelity) von mindestens 90% des Fondsvermögens und das Anlageuniversum des Teilfonds wird wegen des Ausschlusses von Emittenten aufgrund ihrer ESG-Eigenschaften um mindestens 20% reduziert.
Worin bestehen die verbindlichen Elemente der Anlagestrategie, die für die Auswahl der Investitionen zur Erreichung des nachhaltigen Investitionsziels verwendet werden?
Der Teilfonds investiert mindestens 80% seines Vermögens in nachhaltige Anlagen, von denen mindestens 0% ein Umweltziel verfolgen, das sich an der EU-Taxonomie orientiert, mindestens 20% ein Umweltziel (das sich nicht an der EU-Taxonomie orientiert) und mindestens 20% ein Sozialziel;
letzteres allerdings unter der Voraussetzung, dass besagte Investitionen keines dieser Ziele wesentlich gefährden und dass die Beteiligungsunternehmen die Regeln guter Unternehmensführung einhalten.
Um das Ziel für nachhaltige Anlagen zu erreichen, verpflichtet sich der Teilfonds zur Auswahl von Unternehmen, deren wirtschaftliche Tätigkeit zu einem Umwelt- oder Sozialziel beiträgt, das, wie im Abschnitt zur Anlagestrategie weiter oben beschrieben, mit einem oder mehreren der SDG in Einklang steht.
Darüber hinaus bewertet der Fonds die ESG-Ratings (entweder anhand externer Ratings oder der Fidelity ESG-Ratings) von mindestens 90% des Fondsvermögens und verkleinert das Anlageuniversum des Teilfonds bei der Auswahl der Anlagen aufgrund des Ausschlusses von Emittenten wegen ihrer ESG-Eigenschaften um mindestens 20%.
Der Teilfonds wird die Ausschlusskriterien, wie oben beschrieben, systematisch anwenden.
Die Verfahrensweisen einer guten
Unternehmensführung umfassen solide Managementstrukturen, die Beziehungen zu den Arbeitnehmern, die Vergütung von Mitarbeitern sowie die Einhaltung der Steuervorschriften.
Wie werden die Verfahrensweisen einer guten Unternehmensführung der Unternehmen, in die investiert wird, bewertet?
Alle Beteiligungsunternehmen werden auf Kontroversen überprüft, darunter auf Steuer-, Bestechungs- und Korruptionsvorwürfe, um dazu beizutragen, die Anforderungen an eine verantwortungsvolle Unternehmensführung für Beteiligungsunternehmen zu erfüllen. In Ergänzung dieser Ausschlusskriterien werden die Governance-Praktiken von Emittenten mittels Fundamental-Research bewertet.
Zu den wichtigsten der analysierten Fragen gehören die Erfolgsbilanz hinsichtlich: Kapitalallokation, finanzieller Transparenz, Transaktionen mit nahestehenden Unternehmen und Personen, Unabhängigkeit und Größe des Vorstands, Vergütung von Führungskräften, Wirtschaftsprüfung und interner Revision, Rechte der Minderheitsaktionäre und anderer Indikatoren.

###### Wie sehen die Vermögensallokation und der Mindestanteil der nachhaltigen Investitionen aus?
Die Vermögensallokation gibt den jeweiligen Anteil der Investitionen in bestimmte Vermögenswerte an.
Taxonomiekonforme Tätigkeiten, ausgedrückt durch den Anteil der:
- Umsatzerlöse, die den Anteil der Einnahmen aus umweltfreundlichenAktivitäten der Unternehmen, in die investiert wird, widerspiegeln
- Investitionsausgaben (CapEx), die die umweltfreundlichen Investitionen der Unternehmen, in die investiert wird, aufzeigen,z.B. für den Übergang zu einer grünen Wirtschaft- Betriebsausgaben (OpEx), die die umweltfreundlichenbetrieblichen Aktivitäten der Unternehmen, in die investiert wird, widerspiegeln(#1 Nachhaltig) Der Teilfonds investiert mindestens 80% seines Vermögens in nachhaltige Anlagen, von denen mindestens 0% ein Umweltziel verfolgen, das an der EU-Taxonomie orientiert ist, mindestens 20% ein Umweltziel (das nicht an der EU-Taxonomie orientiert ist) und mindestens 20% ein Sozialziel haben. Die übrigen nachhaltigen Anlagen des Teilfonds können ein Umwelt- oder Sozialziel verfolgen.

Wie wird durch den Einsatz von Derivaten das nachhaltige lnvestitionsziel erreicht?
Wenn davon ausgegangen wird, dass das einem Derivat zugrunde liegende Wertpapier zum nachhaltigen Anlageziel des Teilfonds beiträgt, darf das Derivat eingesetzt werden, um zur Erreichung des nachhaltigen Anlageziels beizutragen.
In welchem Mindestmaß sind nachhaltige Investitionen mit einem Umweltziel mit der EU-Taxonomie konform?
Der Teilfonds investiert mindestens 0% in nachhaltige Anlagen mit einem Umweltziel, die mit der EU-Taxonomie konform sind.
Die Konformität der Anlagen des Teilfonds mit der EU-Taxonomie wird nicht durch Wirtschaftsprüfer oder mittels einer Überprüfung durch Dritte sichergestellt.
Die Ausrichtung der zugrunde liegenden Anlagen des Teilfonds an der EU-Taxonomie wird anhand des Umsatzes gemessen.
Investiert das Finanzprodukt in Aktivitäten im Zusammenhang mit fossilem Gas und/oder Kernenergie, die der EU-Taxonomie¹ entsprechen?
- JaNein
- In fossiles Gas	In Kernenergie¹ Tätigkeiten im Bereich fossiles Gas und/oder Kernenergie sind nur dann EU-taxonomiekonform, wenn sie zur Eindämmung des Klimawandels („Klimaschutz“) beitragen und kein Ziel der EU-Taxonomie erheblich beeinträchtigen – siehe Erläuterung am linken Rand. Die vollständigen Kriterien für EU-taxonomiekonforme Wirtschaftstätigkeiten im Bereich fossiles Gas und Kernenergie sind in der Delegierten Verordnung (EU) 2022/1214 der Kommission festgelegt.

Wie wird durch den Einsatz von Derivaten das nachhaltige lnvestitionsziel erreicht?
Der Teilfonds investiert mindestens 0% in Übergangstätigkeiten und ermöglichende Tätigkeiten.
Wie hoch ist der Mindestanteil nachhaltiger Investitionen mit einem Umweltziel, die nicht mit der EU-Taxonomie konform sind?
Der Teilfonds investiert mindestens 20% in nachhaltige Anlagen mit einem Umweltziel, das nicht mit der EU-Taxonomie konform ist.
Die Anlagen können zwar mit der EU-Taxonomie konform sein, aber der Investmentmanager ist derzeit nicht in der Lage, den genauen Anteil der Anlagen des Teilfonds anzugeben, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftstätigkeiten berücksichtigen. Die Position wird jedoch weiterhin überprüft, wenn die zugrunde liegenden Regeln festgelegt sind und im Laufe der Zeit mehr zuverlässige Daten zur Verfügung stehen.
Wie hoch ist der Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel?
Der Teilfonds investiert mindestens 20% in nachhaltige Anlagen mit einem Sozialziel.
Welche Investitionen fallen unter ,,#2 Nicht nachhaltige Investitionen", welcher
Anlagezweck wird mit ihnen verfolgt und gibt es einen ökologischen oder sozialen Mindestschutz?
Investitionen, die unter „# 2 Nicht nachhaltig“ genannt werden, können erfolgen in: liquide Mittel, Absicherungsgeschäfte und Geschäfte für effiziente Portfolioverwaltung.
Darüber hinaus darf keine der Direktanlagen des Teilfonds eines der Ausschlusskriterien erfüllen und den Umwelt- oder Sozialzielen keinen nennenswerten Schaden zufügen. Die entsprechenden Unternehmen müssen gute Governance-Praktiken einhalten und dürfen die Verwirklichung des Anlageziels „Nachhaltigkeit“ nicht beeinträchtigen.

###### Wurde zur Erreichung des nachhaltigen Investitionsziels ein bestimmter Index als Referenzwert bestimmt?
Es wird kein bestimmter Index als Benchmark angegeben, um festzustellen, ob das nachhaltige Anlageziel erreicht wird.
Bei den Referenzwerten handelt es sich um Indizes, mit denen gemessen wird, ob das nachhaltige Investitionsziel des Finanzprodukts erreicht wird.
Inwiefern werden bei dem Referenzwert Nachhaltigkeitsfaktoren kontinuierlich im Einklang mit dem nachhaltigen Investitionsziel berücksichtigt?
Diese Frage ist hier nicht relevant.
Wie wird die kontinuierliche Ausrichtung der Anlagestrategie auf die Indexmethode sichergestellt?
Diese Frage ist hier nicht relevant.
Wie unterscheidet sich der bestimmte Index von einem relevanten breiten Marktindex?
Diese Frage ist hier nicht relevant.
Wo kann die Methode zur Berechnung des bestimmten Indexes eingesehen werden?
Diese Frage ist hier nicht relevant.

###### 	Wo kann ich im Internet weitere produktspezifische Informationen finden?
Weitere produktspezifische Informationen finden Sie auf der Website: https:/www.fidelity.lu/funds/factsheet/LU2544614741/tab-disclosure#SFDR-disclosure. 
Weitere Informationen zu den hier dargelegten Methoden finden Sie auf der Website: System fürnachhaltiges Investieren (fidelityinternational.com).
Vorvertragliche Informationen zu den in Artikel 8 Absätze 1, 2 und 2a der Verordnung (EU) 2019/2088 und Artikel 6 Absatz 1 der Verordnung (EU) 2020/852 genannten Finanzprodukten
Name des Produkts:	Unternehmenskennung (LEI- Code):
Fidelity Funds - Sustainable Global Equity Income Fund	549300ZTEIN9RSGX1S04

###### Ökologische und/oder soziale Merkmale
| Werden mit diesem Finanzprodukt nachhaltige Investitionen angestrebt? |
| --- |
|  | - Ja
 |  | Nein |
| - Es wird damit ein MindestanteiI an nachhaltigen Investitionen mit einem Umweltziel getätigt:%
	- in Wirtschaftstätigkeiten, die nach derEU-Taxonomie als ökologisch nachhaltig einzustufen sind

- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie nicht als ökologisch nachhaltig einzustufen sind
- Es wird damit ein Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel getätigt:%
 | Es werden damit ökologische/soziale Merkmale beworben und obwohl keine nachhaltigen Investitionen angestrebt werden, enthält es einen Mindestanteil von 25% an nachhaltigen Investitionen. - mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie als ökologisch nachhaltig einzustufen sindmit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie nicht als ökologisch nachhaltig einzustufen sindmit einem sozialen Ziel
- Es	werden		damit	ökologische/soziale Merkmale	beworben,		aber	keinenachhaltigen Investitionen getätigt.
 |

Welche ökologischen und/ oder sozialen Merkmale werden mit diesem Finanzprodukt beworben?
Mit Nachhaltigkeitsin- dikatoren wird gemessen, inwieweit die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht werden.
Der Teilfonds fördert Umwelt- und Sozialeigenschaften, indem er in Wertpapiere von Emittenten mit guten ESG-Eigenschaften investiert. Gute ESG-Eigenschaften werden anhand von ESG-Ratings ermittelt. ESG-Ratings berücksichtigen Umwelteigenschaften wie CO2-Intensität, CO2-Emissionen, Energieeffizienz, Wasser- und Abfallmanagement und Biodiversität sowie Sozialeigenschaften wie Produktsicherheit, Lieferkette, Gesundheit und Sicherheit sowie Menschenrechte.
Der Teilfonds ist in gewissem Maße bestrebt, nachhaltige Anlagen zu tätigen.
Es wird keine Referenzbenchmark festgelegt, um die geförderten Umwelt- und Sozialeigenschaften zu erreichen.
einzelnen ökologischen oder sozialen Merkmale, die durch dieses Finanzprodukt beworben werden, herangezogen?
Der Teilfonds verwendet die folgenden Nachhaltigkeitsindikatoren, um die Ausprägung der von ihm geförderten Umwelt- oder Sozialeigenschaften zu messen:
- der  Prozentsatz des Teilfonds, der in Wertpapieren von Emittenten mit guten ESG-Eigenschaften im Einklang mit dem System für nachhaltiges Investieren von Fidelity investiert ist;
- in Bezug auf seine Direktanlagen der Prozentsatz des Teilfonds, der in Wertpapiere von Emittenten investiert ist, auf die Ausschlusskriterien (wie unten definiert) zutreffen;
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen investiert ist; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel bei Wirtschaftsaktivitäten investiert ist, die gemäß der EU-Taxonomie nicht als ökologisch nachhaltig gelten; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel investiert ist.

Welches sind die Ziele der nachhaltigen Investitionen, die mit dem
Finanzprodukt teilweise getätigt werden sollen, und wie trägt die nachhaltige Investition zu diesen Zielen bei?
Der Teilfonds ermittelt wie folgt, ob eine Anlage nachhaltig ist:
- Emittenten, die wirtschaftliche Tätigkeiten ausüben, die zu einem oder mehreren der in der EU-Taxonomie festgelegten Umweltziele beitragen und gemäß der EU-Taxonomie als ökologisch nachhaltig gelten; oder
- Emittenten, bei denen der Großteil ihrer Geschäftstätigkeit (mehr als 50% des Umsatzes) zu Umwelt- oder Sozialzielen beiträgt, die mit einem oder mehreren der Ziele der Vereinten Nationen für nachhaltige Entwicklung („SDG“) in Einklang stehen; oder
- Emittenten, die ein Dekarbonisierungsziel festgelegt haben, das mit einem Temperaturanstiegsszenario mit 1,5 Grad oder weniger vereinbar ist (überprüft durch die Science Based Target Initiative oder ein Fidelity Proprietary Climate Rating), das als Beitrag zu Umweltzielen angesehen wird;sofern sie keinen wesentlichen Schaden anrichten, Mindestabsicherungen bieten und gute Governance-Kriterien aufweisen.

teilweise getätigt werden sollen, keinem der ökologischen oder sozialen nachhaltigen Anlageziele erheblich schaden?
Nachhaltige Anlagen werden auf ihre Beteiligung an Aktivitäten überprüft, die erheblichen Schaden und Kontroversen verursachen, und durch eine Kontrolle bewertet, ob der Emittent Mindestabsicherungen und -standards hinsichtlich der wichtigsten nachteiligen Auswirkungen (PAI) sowie für die Leistung bei den PAI-Kennzahlen umsetzt bzw. erfüllt. Dazu gehören:
- Normenbasierte Filterkriterien – das Filtern von Wertpapieren, die gemäß den bestehenden (unten beschriebenen) normenbasierten Filterkriterien von Fidelity ermittelt wurden, anhand von:
- aktivitätsbasierten Filterkriterien – das Filtern von Emittenten auf der Grundlage ihrer Beteiligung an Aktivitäten mit erheblichen negativen Auswirkungen auf die Gesellschaft oder die Umwelt, darunter Emittenten, bei denen aufgrund der Filterkriterien für Kontroversen eine„sehr gravierende“ Kontroverse vorliegt, die im Bereich
- Umwelt,
- Menschenrechte und Gemeinschaften,
- Arbeitnehmerrechte und Lieferkette,
- Kunden,
- Governance angesiedelt ist; und anhand von
	- PAI-Indikatoren. Quantitative Daten (sofern verfügbar) zu PAI-Indikatoren werden verwendet, um zu bewerten, ob ein Emittent an Aktivitäten beteiligt ist, die einem Umwelt- oder Sozialziel erheblichen Schaden zufügen.


Bei den wichtigsten nachteiligen Auswirkungen handelt es sich um die bedeutendsten nachteiligen Auswirkungen von Investitionsentscheidun- gen auf NachhaItigkeitsfaktoren in den Bereichen Umwelt, Soziales und Beschäftigung, Achtung der Menschenrechte und Bekämpfung von Korruption und Bestechung.
Wie wurden die Indikatoren für nachteilige Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Für nachhaltige Anlagen, wie oben beschrieben, führt Fidelity eine quantitative Bewertung  durch,  um  Unternehmen  mit  einer  problematischen  Leistung  bei PAI-Indikatoren zu ermitteln. Emittenten mit einer niedrigen Punktzahl kommen nur dann für „nachhaltige Anlagen“ infrage, wenn die Fundamentalresearch von Fidelity feststellt, dass der Emittent nicht gegen die Anforderungen verstößt, „keinen wesentlichen Schaden anrichtet“ oder sich auf einem Weg befindet, um die nachteiligen Auswirkungen durch effektives Management oder einen Übergang abzumildern.
Wie stehen die nachhaltigen Investitionen mit den OECD-Leitsätzen für multinationale Unternehmen und den Leitprinzipien der Vereinten Nationen für Wirtschaft und
Menschenrechte in Einklang? Nähere Angaben:
Es werden normenbasierte Filterkriterien angewendet: Emittenten, bei denen festgestellt wurde, dass sie sich nicht in einer Weise verhalten, die ihrer grundlegenden Verantwortung in den Bereichen Menschenrechte, Arbeit, Umwelt und Korruptionsbekämpfung im Einklang mit internationalen Normen gerecht wird, darunter denjenigen, die in den OECD-Leitsätzen für multinationale Unternehmen, den Leitprinzipien der Vereinten Nationen für Wirtschaft und Menschenrechte, dem UN Global Compact (UNGC) und den IAO-Standards der Internationalen Arbeitsorganisation (ILO) festgelegt sind, kommen für nachhaltige Investitionen nicht infrage.
In der EU-Taxonomie ist der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" festgelegt, nach dem taxonomiekonforme Investitionen die Ziele der EU-Taxonomie nicht erheblich beeinträchtigen dürfen, und es sind spezifische EU-Kriterien beigefügt. Der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" findet nur bei denjenigen dem Finanzprodukt zugrunde liegenden Investitionen Anwendung, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten berücksichtigen. Die dem verbleibenden Teil dieses  Finanzprodukts zugrunde  liegenden Investitionen berücksichtigen nicht die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten. Alle anderen nachhaltigen Investitionen dürfen ökologische oder soziale Ziele ebenfalls nicht erheblich beeinträchtigen.

###### Werden bei diesem Finanzprodukt die wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Ja
- NeinDie wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren werden mit Hilfe einer Vielzahl von Instrumenten berücksichtigt und in Anlageentscheidungen einbezogen. Hierzu zählen:
- Due Diligence – Analyse, ob die wichtigsten nachteiligen Auswirkungen (PAI) wesentlich und negativ sind.
- ESG-Rating – Fidelity bezieht sich auf ESG-Ratings, die wesentliche nachteilige Auswirkungen wie CO2-Emissionen, Mitarbeitersicherheit, Bestechung und Korruption sowie Wassermanagement berücksichtigen, und bei den von Staaten ausgegebenen Wertpapieren berücksichtigen die verwendeten Ratings wichtige nachteilige Auswirkungen (PAI) wie CO2-Emissionen, Sozialverstöße und die Meinungsfreiheit.
- Ausschlusskriterien – Bei Direktanlagen in Unternehmen als Emittenten wendet der Teilfonds die (unten definierten) Ausschlusskriterien an, um die wichtigsten nachteiligen Auswirkungen abzumildern. Dazu schließt er schädliche Sektoren aus und verbietet Investitionen in Emittenten, die gegen internationale Standards wie den UNGC verstoßen.
- Mitwirkung – Fidelity nutzt Mitwirkung als ein Instrument, um die wichtigsten nachteiligen Auswirkungen besser zu verstehen und sich unter bestimmten Umständen für die Abmilderung der wichtigsten nachteiligen Auswirkungen einzusetzen. Fidelity beteiligt sich an relevanten individuellen und kollaborativen Arten der Mitwirkung, die auf eine Reihe von wichtigen negativen Auswirkungen abzielen (z. B. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Abstimmungsverhalten – Die Abstimmungspolitik von Fidelity umfasst bei Unternehmen als Emittenten explizite Mindeststandards für die Geschlechtervielfalt im Aufsichtsrat und die Auseinandersetzung mit dem Klimawandel. Fidelity kann auch auf eine Weise abstimmen, dass die wichtigsten nachteiligen Auswirkungen abgemildert werden.
- Vierteljährliche Überprüfungen – Überwachung der wichtigsten nachteiligen Auswirkungen (PAI) durch den vierteljährlichen Überprüfungsprozess des Teilfonds.

Wenn es um die Frage geht, ob Investitionen eine wesentliche nachteilige Auswirkung haben, berücksichtigt Fidelity für jeden Nachhaltigkeitsfaktor spezifische Indikatoren. Diese Indikatoren hängen von der Datenverfügbarkeit ab und können sich mit zunehmender Datenqualität und
-verfügbarkeit weiterentwickeln.
Informationen über die wichtigsten nachteiligen Auswirkungen werden im Jahresbericht des Teilfonds zur Verfügung gestellt.

###### Welche Anlagestrategie wird mit diesem Finanzprodukt verfolgt?
Die Anlagestrategie dient aIs Richtschnur für Investitionsentscheidun- gen, wobei bestimmte Kriterien wie beispielsweise Investitionsziele oder Risikotoleranz
berücksichtigt werden.
Der Teilfonds gehört zur Familie der Fidelity Nachhaltigkeitsfonds und verfolgt eine auf Nachhaltigkeit ausgerichtete Strategie, nach der mindestens 70% des Nettovermögens des Teilfonds in Wertpapiere investiert werden, die gute ESG-Eigenschaften aufweisen.
Ob ESG-Eigenschaften gut sind, wird anhand von ESG-Ratings externer Agenturen und von Fidelity ESG-Ratings ermittelt.
Emittenten, deren Rating sie für die Zwecke des Primärziels (mindestens 70% des Vermögens) als ungeeignet zur Einstufung als Unternehmen mit guten ESG-Eigenschaften erscheinen lässt, können im Umfang von bis zu 30% des Nettovermögens aufgenommen werden, sofern sie nachweisen können, dass sie sich hinsichtlich ihrer ESG-Eigenschaften auf dem Weg der Besserung befinden.
Darüber hinaus ist der Teilfonds bestrebt, eine bessere CO2-Bilanz als die Benchmark, der MSCI ACWI Index, zu erreichen.
Innerhalb dieses Anlageuniversums wählt der Investmentmanager Aktien mit Hilfe rigoroser Bottom-up-Finanzanalysen und -bewertungen aus, um Aktien mit einem Potenzial für hohe Anlagerenditen auszuwählen.
In Bezug auf seine Direktanlagen berücksichtigt der Teilfonds:
- eine unternehmensweite Ausschlussliste, die Streumunition und Antipersonenminen umfasst, und
- eine prinzipienbasierte Ausschlussrichtlinie, die Folgendes beinhaltet:
	- eine normenbasierte Filterung von Emittenten, die nach Auffassung des Investmentmanagers ihre Geschäfte nicht in Übereinstimmung mit internationalen Normen, darunter denen des UNGC, geführt haben; und
	- ein Filterkriterium, durch das bestimmte Sektoren, Emittenten oder Praktiken auf der Grundlage konkreter ESG-Kriterien ausgeschlossen werden können, wobei für diese Kriterien möglicherweise auch Umsatzschwellen angewendet werden.


Die oben genannten Ausschluss- und Filterkriterien (die „Ausschlusskriterien“) werden möglicherweise von Zeit zu Zeit aktualisiert. Weitere Informationen erhalten Sie auf der Website Sustainable investing framework (fidelityinternational.com).
Es steht zudem im Ermessen des Investmentmanagers, von Zeit zu Zeit erweiterte, strengere Nachhaltigkeitsanforderungen und Ausschlusskriterien anzuwenden.
Worin bestehen die verbindlichen Elemente der Anlagestrategie, die für die Auswahl der Investitionen zur Erfüllung der beworbenen ökologischen oder sozialen Ziele verwendet werden?
Der Teilfonds investiert:
- mindestens 70% seines Vermögens in Emittenten mit guten ESG-Eigenschaften;
- mindestens 25% in nachhaltige Anlagen, von denen mindestens 0% ein Umweltziel verfolgen, das sich an der EU-Taxonomie orientiert, mindestens 5% ein Umweltziel, das sich nicht an der EU-Taxonomie orientiert, und mindestens 5% ein Sozialziel.

Der Teilfonds bewertet die ESG-Eigenschaften von mindestens 90% seines Vermögens. Nach Ausschluss von 20% der Vermögenswerte mit den niedrigsten ESG-Ratings übersteigt das durchschnittliche ESG-Rating des Teilfonds das durchschnittliche ESG-Rating des Anlageuniversums des Teilfonds.
Darüber hinaus wird der Teilfonds die oben beschriebenen Ausschlusskriterien wie oben beschrieben auf Direktanlagen anwenden.
Um welchen Mindestsatz wird der Umfang der vor der Anwendung dieser Anlagestrategie in Betracht gezogenen Investitionen reduziert?
Diese Frage ist hier nicht relevant.
Die Verfahrensweisen einer guten
Unternehmensführung umfassen solide Managementstrukturen, die Beziehungen zu den Arbeitnehmern, die Vergütung von Mitarbeitern sowie die Einhaltung der Steuervorschriften.
Wie werden die Verfahrensweisen einer guten Unternehmensführung der Unternehmen, in die investiert wird, bewertet?
Die Governance-Praktiken der Emittenten werden anhand von Fundamentalresearch bewertet, die Fidelity ESG-Ratings sowie Daten zu Kontroversen und Verstößen gegen den UN Global Compact berücksichtigt.
Zu den wichtigsten Punkten, die analysiert werden, gehören unter anderem die Erfolgsbilanz der Kapitalallokation, die finanzielle Transparenz, Transaktionen mit nahestehenden Parteien, die Unabhängigkeit und Größe des Vorstands, die Vergütung der Führungskräfte, die Abschlussprüfer und die interne Aufsicht sowie die Rechte der Minderheitsanteilinhaber.

###### Welche Vermögensallokation ist für dieses Finanzprodukt geplant?
Die Vermögensallokation gibt den jeweiligen Anteil der Investitionen in bestimmte Vermögenswerte an.
Taxonomiekonforme Tätigkeiten, ausgedrückt durch den Anteil der:
- Umsatzerlöse, die den Anteil der Einnahmen aus umweltfreundlichenAktivitäten der Unternehmen, in die investiert wird, widerspiegeln
- Investitionsausgaben (CapEx), die die umweltfreundlichen Investitionen der Unternehmen, in die investiert wird, aufzeigen,z.B. für den Übergang zu einer grünen Wirtschaft- Betriebsausgaben (OpEx), die die umweltfreundlichenbetrieblichen Aktivitäten der Unternehmen, in die investiert wird, widerspiegeln(#1 Ausgerichtet an E/S-Eigenschaften) Der Teilfonds investiert:
- mindestens 70% seines	Vermögens	in	Wertpapiere	von	Emittenten	mit	guten ESG-Eigenschaften,
- mindestens 25% seines Vermögens in nachhaltige (#1A nachhaltig) Anlagen, von denen mindestens 0% ein Umweltziel verfolgen (das an der EU-Taxonomie ausgerichtet ist), mindestens 5% ein Umweltziel haben (das nicht an der EU-Taxonomie ausgerichtet ist) und mindestens 5% ein Sozialziel haben. Die übrigen nachhaltigen Anlagen des Teilfonds können ein Umwelt- oder Sozialziel verfolgen.

Sonstige Umweltziele 5%
(#1B Sonstige E/S-Eigenschaften) Umfasst Wertpapiere von Emittenten mit guten ESG-Eigenschaften, die aber keine nachhaltigen Anlagen sind.
#1A Nachhaltige
Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale
70%
Investitionen 25%
#1B Andere ökologische oder soziale Merkmale
Soziales 5%
#2 Andere Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst Investitionen des Finanzprodukts, die zur Erreichung der beworbenen ökologischen oder sozialen Merkmale getätigt wurden.
#2 Andere Investitionen umfasst die übrigen Investitionen des Finanzprodukts, die weder auf ökologische oder soziale Merkmale ausgerichtet sind noch als nachhaltige Investitionen eingestuft werden.
Die Kategorie #1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst folgende Unterkategorien:
Die Unterkategorie #1A Nachhaltige Investitionen umfasst nachhaltige Investitionen mit ökologischen oder sozialen Zielen.
Die Unterkategorie #1B Andere ökologische oder soziale Merkmale umfasst Investitionen, die auf ökologische oder soziale Merkmale ausgerichtet sind, aber nicht als nachhaltige Investitionen eingestuft werden.
Inwiefern werden durch den Einsatz von Derivaten die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht?
Wenn das einem Derivat zugrunde liegende Wertpapier im Einklang mit dem System für nachhaltiges Investieren von Fidelity gute ESG-Eigenschaften aufweist, darf das Derivat zur Feststellung des Teilfondsanteils berücksichtigt werden, der Umwelt- oder Sozialeigenschaften fördert.
In welchem Mindestmaß sind nachhaltige Investitionen mit einem Umweltziel mit der EU-Taxonomie konform?
Der Teilfonds investiert mindestens 0% in nachhaltige Anlagen mit einem Umweltziel, die mit der EU-Taxonomie konform sind.
Die Konformität der Anlagen des Teilfonds mit der EU-Taxonomie wird nicht durch Wirtschaftsprüfer oder mittels einer Überprüfung durch Dritte sichergestellt.
Die Ausrichtung der zugrunde liegenden Anlagen des Teilfonds an der EU-Taxonomie wird anhand des Umsatzes gemessen.
Investiert das Finanzprodukt in Aktivitäten im Zusammenhang mit fossilem Gas und/oder Kernenergie, die der EU-Taxonomie¹ entsprechen?
- JaNein
- In fossiles Gas	In KernenergieWie hoch ist der Mindestanteil der Investitionen in Übergangstätigkeiten und ermöglichende Tätigkeiten?

Der Teilfonds investiert mindestens 0% in Übergangstätigkeiten und ermöglichende Tätigkeiten.
Wie hoch ist der Mindestanteil nachhaltiger Investitionen mit einem Umweltziel, die nicht mit der EU-Taxonomie konform sind?
Der Teilfonds investiert mindestens 5% in nachhaltige Anlagen mit einem Umweltziel, das nicht mit der EU-Taxonomie konform ist.
Die Anlagen können zwar mit der EU-Taxonomie konform sein, aber der Investmentmanager ist derzeit nicht in der Lage, den genauen Anteil der Anlagen des Teilfonds anzugeben, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftstätigkeiten berücksichtigen. Die Position wird jedoch weiterhin überprüft, wenn die zugrunde liegenden Regeln festgelegt sind und im Laufe der Zeit mehr zuverlässige Daten zur Verfügung stehen.
¹ Tätigkeiten im Bereich fossiles Gas und/oder Kernenergie sind nur dann EU-taxonomiekonform, wenn sie zur Eindämmung des Klimawandels („Klimaschutz“) beitragen und kein Ziel der EU-Taxonomie erheblich beeinträchtigen – siehe Erläuterung am linken Rand. Die vollständigen Kriterien für EU-taxonomiekonforme Wirtschaftstätigkeiten im Bereich fossiles Gas und Kernenergie sind in der Delegierten Verordnung (EU) 2022/1214 der Kommission festgelegt.
Wie hoch ist der Mindestanteil der sozial nachhaltigen Investitionen?
Der Teilfonds investiert mindestens 5% in nachhaltige Anlagen mit einem Sozialziel.
Welche Investitionen fallen unter ,,#2 Andere Investitionen", welcher Anlagezweck wird mit ihnen verfolgt und gibt es einen ökologischen oder sozialen Mindestschutz?
Die verbleibenden Anlagen des Teilfonds können in Wertpapieren von Emittenten erfolgen, die nachweisen können, dass sie sich in Bezug auf ihre ESG-Eigenschaften auf einem Kurs der Verbesserung befinden, und für Liquiditätszwecke in liquiden Mitteln und liquiden Mitteln gleichstehenden Mitteln sowie in Derivaten, die als Anlagen und für ein effizientes Portfoliomanagement eingesetzt werden können.
Zur Gewährleistung eines Mindestmaßes an Umwelt- und Sozialabsicherungen wendet der Teilfonds die Ausschlusskriterien an.

###### Wurde ein Index als Referenzwert bestimmt, um festzustellen, ob dieses Finanzprodukt auf die beworbenen ökologischen und/oder sozialen Merkmale ausgerichtet ist?
Es wird kein bestimmter Index als Referenzbenchmark angegeben, um festzustellen, ob dieses Finanzprodukt zu den geförderten Umwelt- oder Sozialeigenschaften passt.
Bei den Referenzwerten handelt es sich um Indizes, mit denen gemessen wird, ob das Finanzprodukt die beworbenen ökologischen oder sozialen Merkmale erreicht.
Inwiefern ist der Referenzwert kontinuierlich auf die mit dem Finanzprodukt beworbenen ökologischen und sozialen Merkmale ausgerichtet?
Diese Frage ist hier nicht relevant.
Wie wird die kontinuierliche Ausrichtung der Anlagestrategie auf die Indexmethode sichergestellt?
Diese Frage ist hier nicht relevant.
Wie unterscheidet sich der bestimmte Index von einem relevanten breiten Marktindex?
Diese Frage ist hier nicht relevant.
Wo kann die Methode zur Berechnung des bestimmten Indexes eingesehen werden?
Diese Frage ist hier nicht relevant.

###### 	Wo kann ich im Internet weitere produktspezifische Informationen finden?
Weitere produktspezifische Informationen finden Sie auf der Website: https:/www.fidelity.lu/funds/factsheet/LU1627197004/tab-disclosure#SFDR-disclosure. 
Weitere Informationen zu den hier dargelegten Methoden finden Sie auf der Website: System fürnachhaltiges Investieren (fidelityinternational.com).
Vorvertragliche Informationen zu den in Artikel 8 Absätze 1, 2 und 2a der Verordnung (EU) 2019/2088 und Artikel 6 Absatz 1 der Verordnung (EU) 2020/852 genannten Finanzprodukten
Name des Produkts:	Unternehmenskennung (LEI- Code):
Fidelity Funds - Sustainable Healthcare Fund	549300Z8HWYC400OQA29

###### Ökologische und/oder soziale Merkmale
| Werden mit diesem Finanzprodukt nachhaltige Investitionen angestrebt? |
| --- |
|  | - Ja
 |  | Nein |
| - Es wird damit ein MindestanteiI an nachhaltigen Investitionen mit einem Umweltziel getätigt:%
	- in Wirtschaftstätigkeiten, die nach derEU-Taxonomie als ökologisch nachhaltig einzustufen sind

- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie nicht als ökologisch nachhaltig einzustufen sind
- Es wird damit ein Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel getätigt:%
 | Es werden damit ökologische/soziale Merkmale beworben und obwohl keine nachhaltigen Investitionen angestrebt werden, enthält es einen Mindestanteil von 50% an nachhaltigen Investitionen. - mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie als ökologisch nachhaltig einzustufen sind
- mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie nicht als ökologisch nachhaltig einzustufen sindmit einem sozialen Ziel
- Es	werden		damit	ökologische/soziale Merkmale	beworben,		aber	keinenachhaltigen Investitionen getätigt.
 |

Welche ökologischen und/ oder sozialen Merkmale werden mit diesem Finanzprodukt beworben?
Mit Nachhaltigkeitsin- dikatoren wird gemessen, inwieweit die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht werden.
Der Teilfonds fördert Umwelt- und Sozialeigenschaften, indem er in Wertpapiere von Emittenten mit guten ESG-Eigenschaften investiert. Gute ESG-Eigenschaften werden anhand von ESG-Ratings ermittelt.
Der Teilfonds investiert in Aktien von Unternehmen aus aller Welt, die an der Entwicklung, der Herstellung oder dem Verkauf von Produkten und Dienstleistungen im Zusammenhang mit dem Gesundheitswesen, der Medizin oder der Biotechnologie beteiligt sind.
Es wird keine Referenzbenchmark festgelegt, um die geförderten Umwelt- und Sozialeigenschaften zu erreichen.
Welche Nachhaltigkeitsindikatoren werden zur Messung der Erreichung der einzelnen ökologischen oder sozialen Merkmale, die durch dieses Finanzprodukt beworben werden, herangezogen?
Der Teilfonds verwendet die folgenden Nachhaltigkeitsindikatoren, um die Ausprägung der von ihm geförderten Umwelt- oder Sozialeigenschaften zu messen:
- der Prozentsatz des Teilfonds, der in Wertpapiere von Emittenten mit guten ESG-Eigenschaften im Einklang mit dem System für nachhaltiges Investieren von Fidelity investiert ist;
- der Prozentsatz des Teilfonds, der in Wertpapiere von Emittenten investiert ist, auf die Ausschlusskriterien (wie unten definiert) zutreffen;
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen investiert ist; und
- Prozentsatz nachhaltiger Investitionen mit Sozialziel.

Welches sind die Ziele der nachhaltigen Investitionen, die mit dem
Finanzprodukt teilweise getätigt werden sollen, und wie trägt die nachhaltige Investition zu diesen Zielen bei?
Der Teilfonds ermittelt wie folgt, ob eine Anlage nachhaltig ist:
- Emittenten, die wirtschaftliche Tätigkeiten ausüben, die zu einem oder mehreren der in der EU-Taxonomie festgelegten Umweltziele beitragen und gemäß der EU-Taxonomie als ökologisch nachhaltig gelten; oder
- Emittenten, bei denen der Großteil ihrer Geschäftstätigkeit (mehr als 50% des Umsatzes) zu Umwelt- oder Sozialzielen beiträgt, die mit einem oder mehreren der Ziele der Vereinten Nationen für nachhaltige Entwicklung („SDG“) in Einklang stehen; oder
- Emittenten, die ein Dekarbonisierungsziel festgelegt haben, das mit einem Temperaturanstiegsszenario mit 1,5 Grad oder weniger vereinbar ist (überprüft durch die Science Based Target Initiative oder ein Fidelity Proprietary Climate Rating), das als Beitrag zu Umweltzielen angesehen wird;sofern sie keinen wesentlichen Schaden anrichten, Mindestabsicherungen bieten und gute Governance-Kriterien aufweisen.

Inwiefern werden die nachhaltigen Investitionen, die mit dem Finanzprodukt teilweise getätigt werden sollen, keinem der ökologischen oder sozialen nachhaltigen Anlageziele erheblich schaden?
Nachhaltige Anlagen werden auf ihre Beteiligung an Aktivitäten überprüft, die erheblichen Schaden und Kontroversen verursachen, und durch eine Kontrolle bewertet, ob der Emittent Mindestabsicherungen und -standards hinsichtlich der wichtigsten nachteiligen Auswirkungen (PAI) sowie für die Leistung bei den PAI-Kennzahlen umsetzt bzw. erfüllt. Dazu gehören:
- Normenbasierte Filterkriterien – das Filtern von Wertpapieren, die gemäß den bestehenden (unten beschriebenen) normenbasierten Filterkriterien von Fidelity ermittelt wurden, anhand von:
- aktivitätsbasierten Filterkriterien – das Filtern von Emittenten auf der Grundlage ihrer Beteiligung an Aktivitäten mit erheblichen negativen Auswirkungen auf die Gesellschaft oder die Umwelt, darunter Emittenten, bei denen aufgrund der Filterkriterien für Kontroversen eine„sehr gravierende“ Kontroverse vorliegt, die im Bereich
- Umwelt,
- Menschenrechte und Gemeinschaften,
- Arbeitnehmerrechte und Lieferkette,
- Kunden,
- Governance angesiedelt ist; und anhand von
	- PAI-Indikatoren. Quantitative Daten (sofern verfügbar) zu PAI-Indikatoren werden verwendet, um zu bewerten, ob ein Emittent an Aktivitäten beteiligt ist, die einem Umwelt- oder Sozialziel erheblichen Schaden zufügen.


Bei den wichtigsten nachteiligen Auswirkungen handelt es sich um die bedeutendsten nachteiligen Auswirkungen von Investitionsentscheidun- gen auf NachhaItigkeitsfaktoren in den Bereichen Umwelt, Soziales und Beschäftigung, Achtung der Menschenrechte und Bekämpfung von Korruption und Bestechung.
Wie wurden die Indikatoren für nachteilige Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Für nachhaltige Anlagen, wie oben beschrieben, führt Fidelity eine quantitative Bewertung durch, um Emittenten mit einer problematischen Leistung bei PAI-Indikatoren zu ermitteln. Emittenten mit einer niedrigen Punktzahl kommen nur dann für „nachhaltige Anlagen“ infrage, wenn die Fundamentalresearch von Fidelity feststellt, dass der Emittent nicht gegen die Anforderungen verstößt, „keinen wesentlichen Schaden anrichtet“ oder sich auf einem Weg befindet, um die nachteiligen Auswirkungen durch effektives Management oder einen Übergang abzumildern.
Wie stehen die nachhaltigen Investitionen mit den OECD-Leitsätzen für multinationale Unternehmen und den Leitprinzipien der Vereinten Nationen für Wirtschaft und
Menschenrechte in Einklang? Nähere Angaben:
Es werden normenbasierte Filterkriterien angewendet: Emittenten, bei denen festgestellt wurde, dass sie sich nicht in einer Weise verhalten, die ihrer grundlegenden Verantwortung in den Bereichen Menschenrechte, Arbeit, Umwelt und Korruptionsbekämpfung im Einklang mit internationalen Normen gerecht wird, darunter denjenigen, die in den OECD-Leitsätzen für multinationale Unternehmen, den Leitprinzipien der Vereinten Nationen für Wirtschaft und Menschenrechte, dem UN Global Compact (UNGC) und den IAO-Standards der Internationalen Arbeitsorganisation (ILO) festgelegt sind, kommen für nachhaltige Investitionen nicht infrage.
In der EU-Taxonomie ist der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" festgelegt, nach dem taxonomiekonforme Investitionen die Ziele der EU-Taxonomie nicht erheblich beeinträchtigen dürfen, und es sind spezifische EU-Kriterien beigefügt. Der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" findet nur bei denjenigen dem Finanzprodukt zugrunde liegenden Investitionen Anwendung, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten berücksichtigen. Die dem verbleibenden Teil dieses  Finanzprodukts zugrunde  liegenden Investitionen berücksichtigen nicht die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten. Alle anderen nachhaltigen Investitionen dürfen ökologische oder soziale Ziele ebenfalls nicht erheblich beeinträchtigen.

###### Werden bei diesem Finanzprodukt die wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Ja
- NeinDie wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren werden mit Hilfe einer Vielzahl von Instrumenten berücksichtigt und in Anlageentscheidungen einbezogen. Hierzu zählen:
- Due Diligence – Analyse, ob die wichtigsten nachteiligen Auswirkungen (PAI) wesentlich und negativ sind.
- ESG-Rating – Fidelity bezieht sich auf ESG-Ratings, die wesentliche nachteilige Auswirkungen wie CO2-Emissionen, Mitarbeitersicherheit, Bestechung und Korruption sowie Wassermanagement berücksichtigen, und bei den von Staaten ausgegebenen Wertpapieren berücksichtigen die verwendeten Ratings wichtige nachteilige Auswirkungen (PAI) wie CO2-Emissionen, Sozialverstöße und die Meinungsfreiheit.
- Ausschlusskriterien – Bei Direktanlagen in Unternehmen als Emittenten wendet der Teilfonds die (unten definierten) Ausschlusskriterien an, um die wichtigsten nachteiligen Auswirkungen abzumildern. Dazu schließt er schädliche Sektoren aus und verbietet Investitionen in Emittenten, die gegen internationale Standards wie den UNGC verstoßen.
- Mitwirkung – Fidelity nutzt Mitwirkung als ein Instrument, um die wichtigsten nachteiligen Auswirkungen besser zu verstehen und sich unter bestimmten Umständen für die Abmilderung der wichtigsten nachteiligen Auswirkungen einzusetzen. Fidelity beteiligt sich an relevanten individuellen und kollaborativen Arten der Mitwirkung, die auf eine Reihe von wichtigen negativenAuswirkungen abzielen (z. B. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Abstimmungsverhalten – Die Abstimmungspolitik von Fidelity umfasst bei Unternehmen als Emittenten explizite Mindeststandards für die Geschlechtervielfalt im Aufsichtsrat und die Auseinandersetzung mit dem Klimawandel. Fidelity kann auch auf eine Weise abstimmen, dass die wichtigsten nachteiligen Auswirkungen abgemildert werden.
- Vierteljährliche Überprüfungen – Überwachung der wichtigsten nachteiligen Auswirkungen (PAI) durch den vierteljährlichen Überprüfungsprozess des Teilfonds.

Wenn es um die Frage geht, ob Investitionen eine wesentliche nachteilige Auswirkung haben, berücksichtigt Fidelity für jeden Nachhaltigkeitsfaktor spezifische Indikatoren. Diese Indikatoren hängen von der Datenverfügbarkeit ab und können sich mit zunehmender Datenqualität und
-verfügbarkeit weiterentwickeln.
Informationen über die wichtigsten nachteiligen Auswirkungen werden im Jahresbericht des Teilfonds zur Verfügung gestellt.

###### Welche Anlagestrategie wird mit diesem Finanzprodukt verfolgt?
Die Anlagestrategie dient aIs Richtschnur für Investitionsentscheidun- gen, wobei bestimmte Kriterien wie beispielsweise Investitionsziele oder Risikotoleranz
berücksichtigt werden.
Der Teilfonds verfolgt eine vorrangig „thematische“ Anlagestrategie, um seine Anlageziele zu erreichen. Hierzu gehören auch Investitionen in Wirtschaftsthemen, die voraussichtlich zu einer nachhaltigen Wirtschaft beitragen werden. Neben der Themenauswahl wird Fundamentalresearch für einzelne Emittenten durchgeführt. Im Rahmen des Researchprozesses werden die Umwelt- und Sozial-Governance berücksichtigt. Die als relevant erachteten Faktoren unterscheiden sich je nach Emittent und Branche und werden in Anlageentscheidungen einbezogen.
Der Teilfonds ist bestrebt, Anlegern einen langfristigen Kapitalzuwachs zu ermöglichen, der hauptsächlich durch Investitionen in Wertpapiere von Unternehmen auf der ganzen Welt erwirtschaftet wird, die an der Entwicklung, Herstellung oder dem Verkauf von Produkten und Dienstleistungen beteiligt sind, die für oder im Zusammenhang mit dem Gesundheitswesen, der Medizin oder der Biotechnologie verwendet werden.
Der Teilfonds ist Teil der Familie der Nachhaltigkeitsfonds von Fidelity und verfolgt eine am Nachhaltigkeitsthema ausgerichtete Strategie, bei der mindestens 90% des Fondsvermögens daraufhin analysiert werden, ob es gute ESG-Eigenschaften aufweist, und mindestens 70% des Fondsvermögens in Wertpapiere mit guten ESG-Eigenschaften investiert werden.
Ob ESG-Eigenschaften gut sind, wird anhand von ESG-Ratings externer Agenturen und von Fidelity ESG-Ratings ermittelt.
Emittenten, deren Rating sie für die Zwecke des Primärziels (mindestens 70% des Vermögens) als ungeeignet zur Einstufung als Unternehmen mit guten ESG-Eigenschaften erscheinen lässt, können im Umfang von bis zu 30% des Nettovermögens aufgenommen werden, sofern sie nachweisen können, dass sie sich hinsichtlich ihrer ESG-Eigenschaften auf dem Weg der Besserung befinden.
Bei der Auswahl der Anlagen wird das Anlageuniversum des Teilfonds durch den Ausschluss von Emittenten aufgrund ihrer ESG-Eigenschaften um mindestens 20% verkleinert.
In Bezug auf seine Direktanlagen berücksichtigt der Teilfonds:
- eine unternehmensweite Ausschlussliste, die Streumunition und Antipersonenminen umfasst, und
- eine prinzipienbasierte Ausschlussrichtlinie, die Folgendes beinhaltet:
	- eine normenbasierte Überprüfung von Emittenten, die nach Auffassung des Anlageverwalters ihre Geschäfte nicht in Übereinstimmung mit internationalen Normen, darunter dem im UNGC festgelegten, geführt haben; und
	- ein Filterkriterium, durch das bestimmte Sektoren, Emittenten oder Praktiken auf der Grundlage konkreter ESG-Kriterien ausgeschlossen werden können, wobei für diese Kriterien möglicherweise auch Erlösschwellen angewendet werden.


Die oben genannten Ausschluss- und Filterkriterien (die „Ausschlusskriterien“) werden möglicherweise von Zeit zu Zeit aktualisiert. Weitere Informationen erhalten Sie auf der Website Sustainable investing framework (fidelityinternational.com).
Es steht zudem im Ermessen des Investmentmanagers, von Zeit zu Zeit erweiterte, strengere Nachhaltigkeitsanforderungen und Ausschlusskriterien anzuwenden.
Worin bestehen die verbindlichen Elemente der Anlagestrategie, die für die Auswahl der Investitionen zur Erfüllung der beworbenen ökologischen oder sozialen Ziele verwendet werden?
Der Teilfonds investiert.
- mindestens 70% seines Vermögens in Emittenten mit guten ESG-Eigenschaften,
- mindestens 50% in nachhaltige Anlagen, von denen mindestens 50% ein Sozialziel verfolgen.

Mindestens 90% des Nettovermögens des Teilfonds werden dahingehend untersucht, ob sie gute ESG-Eigenschaften aufweisen. Bei der Auswahl der Anlagen wird das Anlageuniversum des Teilfonds durch den Ausschluss von Emittenten aufgrund ihrer ESG-Eigenschaften um mindestens 20% verkleinert.
Darüber hinaus wird der Teilfonds die oben beschriebenen Ausschlusskriterien wie oben beschrieben auf Direktanlagen anwenden.
Um welchen Mindestsatz wird der Umfang der vor der Anwendung dieser Anlagestrategie in Betracht gezogenen Investitionen reduziert?
Bei der Auswahl der Anlagen wird das Anlageuniversum des Teilfonds durch den Ausschluss von Emittenten aufgrund ihrer ESG-Eigenschaften um mindestens 20% verkleinert.
Die Verfahrensweisen einer guten
Unternehmensführung umfassen solide Managementstrukturen, die Beziehungen zu den Arbeitnehmern, die Vergütung von Mitarbeitern sowie die Einhaltung der Steuervorschriften.
Wie werden die Verfahrensweisen einer guten Unternehmensführung der Unternehmen, in die investiert wird, bewertet?
Die Governance-Praktiken von Emittenten werden anhand von Fundamental-Research bewertet, wozu ESG-Ratings von Fidelity, Daten zu Kontroversen und Verstößen gegen den UN Global Compact gehören.
Zu den wichtigsten der analysierten Fragen gehören die Erfolgsbilanz hinsichtlich: Kapitalallokation, finanzieller Transparenz, Transaktionen mit nahe stehenden Unternehmen und Personen, Unabhängigkeit und Größe des Vorstands, Vergütung von Führungskräften, Wirtschaftsprüfung und interne Revision, Rechte der Minderheitsaktionäre und anderen Indikatoren.

###### Welche Vermögensallokation ist für dieses Finanzprodukt geplant?
Die Vermögensallokation gibt den jeweiligen Anteil der Investitionen in bestimmte Vermögenswerte an.
Taxonomiekonforme Tätigkeiten, ausgedrückt durch den Anteil der:
- Umsatzerlöse, die den Anteil der Einnahmen aus umweltfreundlichenAktivitäten der Unternehmen, in die investiert wird, widerspiegeln
- Investitionsausgaben (CapEx), die die umweltfreundlichen Investitionen der Unternehmen, in die investiert wird, aufzeigen,z.B. für den Übergang zu einer grünen Wirtschaft- Betriebsausgaben (OpEx), die die umweltfreundlichenbetrieblichen Aktivitäten der Unternehmen, in die investiert wird, widerspiegeln(#1 Ausgerichtet an E/S-Eigenschaften) Der Teilfonds investiert:
- mindestens 70% seines	Vermögens	in	Wertpapiere	von	Emittenten	mit	guten ESG-Eigenschaften,
- mindestens 50% seines Vermögens in nachhaltige (#1A nachhaltig) Anlagen, von denen mindestens 50% ein Sozialziel verfolgen.

(#1B Sonstige E/S-Eigenschaften) Umfasst Wertpapiere von Emittenten mit guten ESG-Eigenschaften, die aber keine nachhaltigen Anlagen sind.
Inwiefern werden durch den Einsatz von Derivaten die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht?
Wenn das einem Derivat zugrunde liegende Wertpapier im Einklang mit dem System für nachhaltiges Investieren von Fidelity gute ESG-Eigenschaften aufweist, darf das Derivat zur Feststellung des Teilfondsanteils berücksichtigt werden, der Umwelt- oder Sozialeigenschaften fördert.
In welchem Mindestmaß sind nachhaltige Investitionen mit einem Umweltziel mit der EU-Taxonomie konform?
Der Teilfonds investiert mindestens 0% in nachhaltige Anlagen mit einem Umweltziel, die mit der EU-Taxonomie konform sind.
Die Konformität der Anlagen des Teilfonds mit der EU-Taxonomie wird nicht durch Wirtschaftsprüfer oder mittels einer Überprüfung durch Dritte sichergestellt.
Die Ausrichtung der zugrunde liegenden Anlagen des Teilfonds an der EU-Taxonomie wird anhand des Umsatzes gemessen.
Investiert das Finanzprodukt in Aktivitäten im Zusammenhang mit fossilem Gas und/oder Kernenergie, die der EU-Taxonomie¹ entsprechen?
- JaNein
- In fossiles Gas	In KernenergieWie hoch ist der Mindestanteil der Investitionen in Übergangstätigkeiten und ermöglichende Tätigkeiten?

Der Teilfonds investiert mindestens 0% in Übergangstätigkeiten und ermöglichende Tätigkeiten.
Wie hoch ist der Mindestanteil nachhaltiger Investitionen mit einem Umweltziel, die nicht mit der EU-Taxonomie konform sind?
Der Fonds beabsichtigt nicht, nachhaltige Investitionen mit einem Umweltziel zu tätigen, das nicht an der EU-Taxonomie ausgerichtet ist.
Wie hoch ist der Mindestanteil der sozial nachhaltigen Investitionen?
Der Teilfonds investiert mindestens 50% in nachhaltige Anlagen mit einem Sozialziel.
¹ Tätigkeiten im Bereich fossiles Gas und/oder Kernenergie sind nur dann EU-taxonomiekonform, wenn sie zur Eindämmung des Klimawandels („Klimaschutz“) beitragen und kein Ziel der EU-Taxonomie erheblich beeinträchtigen – siehe Erläuterung am linken Rand. Die vollständigen Kriterien für EU-taxonomiekonforme Wirtschaftstätigkeiten im Bereich fossiles Gas und Kernenergie sind in der Delegierten Verordnung (EU) 2022/1214 der Kommission festgelegt.
wird mit ihnen verfolgt und gibt es einen ökologischen oder sozialen Mindestschutz?
Die verbleibenden Anlagen des Teilfonds können in Wertpapieren von Emittenten erfolgen, die nachweisen können, dass sie sich in Bezug auf ihre ESG-Eigenschaften auf einem Kurs der Verbesserung befinden, und für Liquiditätszwecke in liquiden Mitteln und liquiden Mitteln gleichstehenden Mitteln sowie in Derivaten, die als Anlagen und für ein effizientes Portfoliomanagement eingesetzt werden können.
Zur Gewährleistung eines Mindestmaßes an Umwelt- und Sozialabsicherungen wendet der Teilfonds die Ausschlusskriterien an.

###### Wurde ein Index als Referenzwert bestimmt, um festzustellen, ob dieses Finanzprodukt auf die beworbenen ökologischen und/oder sozialen Merkmale ausgerichtet ist?
Es wird kein bestimmter Index als Referenzbenchmark angegeben, um festzustellen, ob dieses Finanzprodukt zu den geförderten Umwelt- oder Sozialeigenschaften passt.
Bei den Referenzwerten handelt es sich um Indizes, mit denen gemessen wird, ob das Finanzprodukt die beworbenen ökologischen oder sozialen Merkmale erreicht.
Inwiefern ist der Referenzwert kontinuierlich auf die mit dem Finanzprodukt beworbenen ökologischen und sozialen Merkmale ausgerichtet?
Diese Frage ist hier nicht relevant.
Wie wird die kontinuierliche Ausrichtung der Anlagestrategie auf die Indexmethode sichergestellt?
Diese Frage ist hier nicht relevant.
Wie unterscheidet sich der bestimmte Index von einem relevanten breiten Marktindex?
Diese Frage ist hier nicht relevant.
Wo kann die Methode zur Berechnung des bestimmten Indexes eingesehen werden?
Diese Frage ist hier nicht relevant.

###### 	Wo kann ich im Internet weitere produktspezifische Informationen finden?
Weitere produktspezifische Informationen finden Sie auf der Website: https:/www.fidelity.lu/funds/factsheet/LU0261952419/tab-disclosure#SFDR-disclosure. 
Weitere Informationen zu den hier dargelegten Methoden finden Sie auf der Website: System fürnachhaltiges Investieren (fidelityinternational.com).
2019/2088 und Artikel 6 Absatz 1 der Verordnung (EU) 2020/852 genannten Finanzprodukten
Name des Produkts:	Unternehmenskennung (LEI- Code):
Fidelity Funds - Sustainable Water & Waste Fund	254900IZ985QWMGJH651

###### Ökologische und/oder soziale Merkmale
| Werden mit diesem Finanzprodukt nachhaltige Investitionen angestrebt? |
| --- |
|  | - Ja
 |  | Nein |
| - Es wird damit ein MindestanteiI an nachhaltigen Investitionen mit einem Umweltziel getätigt:%
	- in Wirtschaftstätigkeiten, die nach derEU-Taxonomie als ökologisch nachhaltig einzustufen sind

- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie nicht als ökologisch nachhaltig einzustufen sind
- Es wird damit ein Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel getätigt:%
 | Es werden damit ökologische/soziale Merkmale beworben und obwohl keine nachhaltigen Investitionen angestrebt werden, enthält es einen Mindestanteil von 35% an nachhaltigen Investitionen. mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie als ökologisch nachhaltig einzustufen sind mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie nicht als ökologisch nachhaltig einzustufen sind mit einem sozialen Ziel - Es	werden		damit	ökologische/soziale Merkmale	beworben,		aber	keinenachhaltigen Investitionen getätigt.
 |

Welche ökologischen und/ oder sozialen Merkmale werden mit diesem Finanzprodukt beworben?
Mit Nachhaltigkeitsin- dikatoren wird gemessen, inwieweit die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht werden.
Der Teilfonds fördert Umwelt- und Sozialeigenschaften, indem er in Wertpapiere von Emittenten mit guten ESG-Eigenschaften investiert. Gute ESG-Eigenschaften werden anhand von ESG-Ratings ermittelt.
Der Teilfonds investiert in Unternehmen, die an der Wassergewinnung und der Aufbereitung, der Entsorgung und dem Recycling von Abfällen beteiligt sind.
Der Teilfonds ist in gewissem Maße bestrebt, nachhaltige Anlagen zu tätigen.
Es wird keine Referenzbenchmark festgelegt, um die geförderten Umwelt- und Sozialeigenschaften zu erreichen.
einzelnen ökologischen oder sozialen Merkmale, die durch dieses Finanzprodukt beworben werden, herangezogen?
Der Teilfonds verwendet die folgenden Nachhaltigkeitsindikatoren, um die Ausprägung der von ihm geförderten Umwelt- oder Sozialeigenschaften zu messen:
- der  Prozentsatz des Teilfonds, der in Wertpapieren von Emittenten mit guten ESG-Eigenschaften im Einklang mit dem System für nachhaltiges Investieren von Fidelity investiert ist;
- in Bezug auf seine Direktanlagen der Prozentsatz des Teilfonds, der in Wertpapiere von Emittenten investiert ist, auf die Ausschlusskriterien (wie unten definiert) zutreffen;
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen investiert ist; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel bei Wirtschaftsaktivitäten investiert ist, die gemäß der EU-Taxonomie als ökologisch nachhaltig gelten;
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel bei Wirtschaftsaktivitäten investiert ist, die gemäß der EU-Taxonomie nicht als ökologisch nachhaltig gelten; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel investiert ist.

Welches sind die Ziele der nachhaltigen Investitionen, die mit dem
Finanzprodukt teilweise getätigt werden sollen, und wie trägt die nachhaltige Investition zu diesen Zielen bei?
Der Teilfonds ermittelt wie folgt, ob eine Anlage nachhaltig ist:
- Emittenten, die wirtschaftliche Tätigkeiten ausüben, die zu einem oder mehreren der in der EU-Taxonomie festgelegten Umweltziele beitragen und gemäß der EU-Taxonomie als ökologisch nachhaltig gelten; oder
- Emittenten, bei denen der Großteil ihrer Geschäftstätigkeit (mehr als 50% des Umsatzes) zu Umwelt- oder Sozialzielen beiträgt, die mit einem oder mehreren der Ziele der Vereinten Nationen für nachhaltige Entwicklung („SDG“) in Einklang stehen; oder
- Emittenten, die ein Dekarbonisierungsziel festgelegt haben, das mit einem Temperaturanstiegsszenario mit 1,5 Grad oder weniger vereinbar ist (überprüft durch die Science Based Target Initiative oder ein Fidelity Proprietary Climate Rating), das als Beitrag zu Umweltzielen angesehen wird;sofern sie keinen wesentlichen Schaden anrichten, Mindestabsicherungen bieten und gute Governance-Kriterien aufweisen.

teilweise getätigt werden sollen, keinem der ökologischen oder sozialen nachhaltigen Anlageziele erheblich schaden?
Nachhaltige Anlagen werden auf ihre Beteiligung an Aktivitäten überprüft, die erheblichen Schaden und Kontroversen verursachen, und durch eine Kontrolle bewertet, ob der Emittent Mindestabsicherungen und -standards hinsichtlich der wichtigsten nachteiligen Auswirkungen (PAI) sowie für die Leistung bei den PAI-Kennzahlen umsetzt bzw. erfüllt. Dazu gehören:
- Normenbasierte Filterkriterien – das Filtern von Wertpapieren, die gemäß den bestehenden (unten beschriebenen) normenbasierten Filterkriterien von Fidelity ermittelt wurden, anhand von:
- aktivitätsbasierten Filterkriterien – das Filtern von Emittenten auf der Grundlage ihrer Beteiligung an Aktivitäten mit erheblichen negativen Auswirkungen auf die Gesellschaft oder die Umwelt, darunter Emittenten, bei denen aufgrund der Filterkriterien für Kontroversen eine„sehr gravierende“ Kontroverse vorliegt, die im Bereich
- Umwelt,
- Menschenrechte und Gemeinschaften,
- Arbeitnehmerrechte und Lieferkette,
- Kunden,
- Governance angesiedelt ist; und anhand von
	- PAI-Indikatoren. Quantitative Daten (sofern verfügbar) zu PAI-Indikatoren werden verwendet, um zu bewerten, ob ein Emittent an Aktivitäten beteiligt ist, die einem Umwelt- oder Sozialziel erheblichen Schaden zufügen.


Bei den wichtigsten nachteiligen Auswirkungen handelt es sich um die bedeutendsten nachteiligen Auswirkungen von Investitionsentscheidun- gen auf NachhaItigkeitsfaktoren in den Bereichen Umwelt, Soziales und Beschäftigung, Achtung der Menschenrechte und Bekämpfung von Korruption und Bestechung.
Wie wurden die Indikatoren für nachteilige Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Für nachhaltige Anlagen, wie oben beschrieben, führt Fidelity eine quantitative Bewertung durch, um Emittenten mit einer problematischen Leistung bei PAI-Indikatoren zu ermitteln. Emittenten mit einer niedrigen Punktzahl kommen nur dann für „nachhaltige Anlagen“ infrage, wenn die Fundamentalresearch von Fidelity feststellt, dass der Emittent nicht gegen die Anforderungen verstößt, „keinen wesentlichen Schaden anrichtet“ oder sich auf einem Weg befindet, um die nachteiligen Auswirkungen durch effektives Management oder einen Übergang abzumildern.
Wie stehen die nachhaltigen Investitionen mit den OECD-Leitsätzen für multinationale Unternehmen und den Leitprinzipien der Vereinten Nationen für Wirtschaft und
Menschenrechte in Einklang? Nähere Angaben:
Es werden normenbasierte Filterkriterien angewendet: Emittenten, bei denen festgestellt wurde, dass sie sich nicht in einer Weise verhalten, die ihrer grundlegenden Verantwortung in den Bereichen Menschenrechte, Arbeit, Umwelt und Korruptionsbekämpfung im Einklang mit internationalen Normen gerecht wird, darunter denjenigen, die in den OECD-Leitsätzen für multinationale Unternehmen, den Leitprinzipien der Vereinten Nationen für Wirtschaft und Menschenrechte, dem UN Global Compact (UNGC) und den IAO-Standards der Internationalen Arbeitsorganisation (ILO) festgelegt sind, kommen für nachhaltige Investitionen nicht infrage.
In der EU-Taxonomie ist der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" festgelegt, nach dem taxonomiekonforme Investitionen die Ziele der EU-Taxonomie nicht erheblich beeinträchtigen dürfen, und es sind spezifische EU-Kriterien beigefügt. Der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" findet nur bei denjenigen dem Finanzprodukt zugrunde liegenden Investitionen Anwendung, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten berücksichtigen. Die dem verbleibenden Teil dieses  Finanzprodukts zugrunde  liegenden Investitionen berücksichtigen nicht die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten. Alle anderen nachhaltigen Investitionen dürfen ökologische oder soziale Ziele ebenfalls nicht erheblich beeinträchtigen.

###### Werden bei diesem Finanzprodukt die wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Ja
- NeinDie wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren werden mit Hilfe einer Vielzahl von Instrumenten berücksichtigt und in Anlageentscheidungen einbezogen. Hierzu zählen:
- Due Diligence – Analyse, ob die wichtigsten nachteiligen Auswirkungen (PAI) wesentlich und negativ sind.
- ESG-Rating – Fidelity bezieht sich auf ESG-Ratings, die wesentliche nachteilige Auswirkungen wie CO2-Emissionen, Mitarbeitersicherheit, Bestechung und Korruption sowie Wassermanagement berücksichtigen, und bei den von Staaten ausgegebenen Wertpapieren berücksichtigen die verwendeten Ratings wichtige nachteilige Auswirkungen (PAI) wie CO2-Emissionen, Sozialverstöße und die Meinungsfreiheit.
- Ausschlusskriterien – Bei Direktanlagen in Unternehmen als Emittenten wendet der Teilfonds die (unten definierten) Ausschlusskriterien an, um die wichtigsten nachteiligen Auswirkungen abzumildern. Dazu schließt er schädliche Sektoren aus und verbietet Investitionen in Emittenten, die gegen internationale Standards wie den UNGC verstoßen.
- Mitwirkung – Fidelity nutzt Mitwirkung als ein Instrument, um die wichtigsten nachteiligen Auswirkungen besser zu verstehen und sich unter bestimmten Umständen für die Abmilderung der wichtigsten nachteiligen Auswirkungen einzusetzen. Fidelity beteiligt sich an relevanten individuellen und kollaborativen Arten der Mitwirkung, die auf eine Reihe von wichtigen negativen Auswirkungen abzielen (z. B. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Abstimmungsverhalten – Die Abstimmungspolitik von Fidelity umfasst bei Unternehmen als Emittenten explizite Mindeststandards für die Geschlechtervielfalt im Aufsichtsrat und die Auseinandersetzung mit dem Klimawandel. Fidelity kann auch auf eine Weise abstimmen, dass die wichtigsten nachteiligen Auswirkungen abgemildert werden.
- Vierteljährliche Überprüfungen – Überwachung der wichtigsten nachteiligen Auswirkungen (PAI) durch den vierteljährlichen Überprüfungsprozess des Teilfonds.

Wenn es um die Frage geht, ob Investitionen eine wesentliche nachteilige Auswirkung haben, berücksichtigt Fidelity für jeden Nachhaltigkeitsfaktor spezifische Indikatoren. Diese Indikatoren hängen von der Datenverfügbarkeit ab und können sich mit zunehmender Datenqualität und
-verfügbarkeit weiterentwickeln.
Informationen über die wichtigsten nachteiligen Auswirkungen werden im Jahresbericht des Teilfonds zur Verfügung gestellt.

###### Welche Anlagestrategie wird mit diesem Finanzprodukt verfolgt?
Die Anlagestrategie dient aIs Richtschnur für Investitionsentscheidun- gen, wobei bestimmte Kriterien wie beispielsweise Investitionsziele oder Risikotoleranz
berücksichtigt werden.
Der Teilfonds verfolgt eine vorrangig „thematische“ Anlagestrategie, um seine Anlageziele zu erreichen. Hierzu gehören auch Investitionen in Wirtschaftsthemen, die voraussichtlich zu einer nachhaltigen Wirtschaft beitragen werden. Neben der Themenauswahl wird Fundamentalresearch für einzelne Emittenten durchgeführt. Im Rahmen des Researchprozesses werden die Umwelt- und Sozial-Governance berücksichtigt. Die als relevant erachteten Faktoren unterscheiden sich je nach Emittent und Branche und fließen in Anlageentscheidungen ein.
Der Teilfonds strebt langfristiges Kapitalwachstum hauptsächlich aus einem Portfolio mit Wertpapieren von Unternehmen aus aller Welt an, die an der Entwicklung, der Herstellung oder dem Verkauf von Produkten und Dienstleistungen beteiligt sind, die im Zusammenhang mit der Wasser- und Abfallwirtschaft stehen oder dafür eingesetzt werden.
Zur Wasserwirtschaft gehören unter anderem Unternehmen, die in den Bereichen Wassererzeugung, Wasseraufbereitung, Entsalzung, Versorgung, Abfüllung, Transport und Versand von Wasser tätig sind. Der Abfallwirtschaftssektor umfasst unter anderem solche Unternehmen, die in den Bereichen Sammlung, Rückgewinnung und Entsorgung von Abfällen aktiv sind, wozu unter anderem auch Recycling, Verbrennung, anaerobe Vergärung von Lebensmittelabfällen (biologische Prozesse) und Deponierung von Restabfällen gehören. Der Sektor umfasst auch solche Unternehmen, die sich auf die Aufbereitung von Schmutzwasser, Abwasser, festen, flüssigen und chemischen Abfällen sowie auf Beratungs- oder Ingenieurdienstleistungen im Zusammenhang mit diesen Tätigkeiten spezialisiert haben.
Der Teilfonds ist Teil der Familie der Nachhaltigkeitsfonds von Fidelity und verfolgt eine am Nachhaltigkeitsthema ausgerichtete Strategie, bei der mindestens 90% des Fondsvermögens daraufhin analysiert werden, ob es gute ESG-Eigenschaften aufweist, und mindestens 70% des Fondsvermögens in Wertpapiere mit guten ESG-Eigenschaften investiert werden.
Ob ESG-Eigenschaften gut sind, wird anhand von ESG-Ratings externer Agenturen und von Fidelity ESG-Ratings ermittelt.
Emittenten, deren Rating sie für die Zwecke des Primärziels (mindestens 70% des Vermögens) als ungeeignet zur Einstufung als Unternehmen mit guten ESG-Eigenschaften erscheinen lässt, können im Umfang von bis zu 30% des Nettovermögens aufgenommen werden, sofern sie nachweisen können, dass sie sich hinsichtlich ihrer ESG-Eigenschaften auf dem Weg der Besserung befinden.
Bei der Auswahl der Anlagen wird das Anlageuniversum des Teilfonds durch den Ausschluss von Emittenten aufgrund ihrer ESG-Eigenschaften um mindestens 20% verkleinert.
In Bezug auf seine Direktanlagen berücksichtigt der Teilfonds:
- eine unternehmensweite Ausschlussliste, die Streumunition und Antipersonenminen umfasst, und
- eine prinzipienbasierte Ausschlussrichtlinie, die Folgendes beinhaltet:
	- eine normenbasierte Überprüfung von Emittenten, die nach Auffassung des Anlageverwalters ihre Geschäfte nicht in Übereinstimmung mit internationalen Normen, darunter dem im UNGC festgelegten, geführt haben; und
	- ein Filterkriterium, durch das bestimmte Sektoren, Emittenten oder Praktiken auf der Grundlage konkreter ESG-Kriterien ausgeschlossen werden können, wobei für diese Kriterien möglicherweise auch Erlösschwellen angewendet werden.


Die oben genannten Ausschluss- und Filterkriterien (die „Ausschlusskriterien“) werden möglicherweise von Zeit zu Zeit aktualisiert. Weitere Informationen erhalten Sie auf der Website Sustainable investing framework (fidelityinternational.com).
Es steht zudem im Ermessen des Investmentmanagers, von Zeit zu Zeit erweiterte, strengere Nachhaltigkeitsanforderungen und Ausschlusskriterien anzuwenden.
Worin bestehen die verbindlichen Elemente der Anlagestrategie, die für die Auswahl der Investitionen zur Erfüllung der beworbenen ökologischen oder sozialen Ziele verwendet werden?
Der Teilfonds investiert:
- mindestens 70% seines  Vermögens  in  Wertpapiere von  Emittenten  mit  guten ESG-Eigenschaften,
- mindestens 35% in nachhaltige Anlagen, von denen 1% ein Umweltziel aufweisen, das sich an der EU-Taxonomie orientiert, mindestens 15% ein Umweltziel, das sich nicht an der EU-Taxonomie orientiert, und mindestens 1% ein Sozialziel verfolgen.

Mindestens 90% des Nettovermögens des Teilfonds werden dahingehend untersucht, ob sie gute ESG-Eigenschaften aufweisen. Bei der Auswahl der Anlagen wird das Anlageuniversum des Teilfonds durch den Ausschluss von Emittenten aufgrund ihrer ESG-Eigenschaften um mindestens 20% verkleinert.
Darüber hinaus wird der Teilfonds die oben beschriebenen Ausschlusskriterien wie oben beschrieben auf Direktanlagen anwenden.
Um welchen Mindestsatz wird der Umfang der vor der Anwendung dieser Anlagestrategie in Betracht gezogenen Investitionen reduziert?
Bei der Auswahl der Anlagen wird das Anlageuniversum des Teilfonds durch den Ausschluss von Emittenten aufgrund ihrer ESG-Eigenschaften um mindestens 20% verkleinert.
Die Verfahrensweisen einer guten
Unternehmensführung umfassen solide Managementstrukturen, die Beziehungen zu den Arbeitnehmern, die Vergütung von Mitarbeitern sowie die Einhaltung der Steuervorschriften.
Wie werden die Verfahrensweisen einer guten Unternehmensführung der Unternehmen, in die investiert wird, bewertet?
Die Governance-Praktiken von Emittenten werden anhand von Fundamental-Research bewertet, wozu ESG-Ratings von Fidelity, Daten zu Kontroversen und Verstößen gegen den UN Global Compact gehören.
Zu den wichtigsten der analysierten Fragen gehören die Erfolgsbilanz hinsichtlich: Kapitalallokation, finanzieller Transparenz, Transaktionen mit nahe stehenden Unternehmen und Personen, Unabhängigkeit und Größe des Vorstands, Vergütung von Führungskräften, Wirtschaftsprüfung und interne Revision, Rechte der Minderheitsaktionäre und anderen Indikatoren.

###### Welche Vermögensallokation ist für dieses Finanzprodukt geplant?
Die Vermögensallokation gibt den jeweiligen Anteil der Investitionen in bestimmte Vermögenswerte an.
Taxonomiekonforme Tätigkeiten, ausgedrückt durch den Anteil der:
- Umsatzerlöse, die den Anteil der Einnahmen aus umweltfreundlichenAktivitäten der Unternehmen, in die investiert wird, widerspiegeln
- Investitionsausgaben (CapEx), die die umweltfreundlichen Investitionen der Unternehmen, in die investiert wird, aufzeigen,z.B. für den Übergang zu einer grünen Wirtschaft- Betriebsausgaben (OpEx), die die umweltfreundlichenbetrieblichen Aktivitäten der Unternehmen, in die investiert wird, widerspiegeln(#1 Ausgerichtet an E/S-Eigenschaften) Der Teilfonds investiert:
- mindestens 70% seines	Vermögens	in	Wertpapiere	von	Emittenten	mit	guten ESG-Eigenschaften,
- mindestens 35% seines Vermögens in (#1A nachhaltig) investieren, von denen mindestens 1% ein Umweltziel verfolgen (das sich an der EU-Taxonomie orientiert), mindestens 15% ein Umweltziel (das sich nicht an der EU-Taxonomie orientiert) und mindestens 1% ein Sozialziel. Die übrigen nachhaltigen Anlagen des Teilfonds können ein Umwelt- oder Sozialziel verfolgen.

(#1B Sonstige E/S-Eigenschaften) Umfasst Wertpapiere von Emittenten mit guten ESG-Eigenschaften, die aber keine nachhaltigen Anlagen sind.
Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale
70%
#2 Andere Investitionen
#1A Nachhaltige Investitionen 35%
#1B Andere ökologische oder soziale Merkmale
Taxonomiekonform 1%
Sonstige Umweltziele 15%
Soziales 1%
#1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst Investitionen des Finanzprodukts, die zur Erreichung der beworbenen ökologischen oder sozialen Merkmale getätigt wurden.
#2 Andere Investitionen umfasst die übrigen Investitionen des Finanzprodukts, die weder auf ökologische oder soziale Merkmale ausgerichtet sind noch als nachhaltige Investitionen eingestuft werden.
Die Kategorie #1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst folgende Unterkategorien:
Die Unterkategorie #1A Nachhaltige Investitionen umfasst nachhaltige Investitionen mit ökologischen oder sozialen Zielen.
Die Unterkategorie #1B Andere ökologische oder soziale Merkmale umfasst Investitionen, die auf ökologische oder soziale Merkmale ausgerichtet sind, aber nicht als nachhaltige Investitionen eingestuft werden.
Inwiefern werden durch den Einsatz von Derivaten die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht?
Wenn das einem Derivat zugrunde liegende Wertpapier im Einklang mit dem System für nachhaltiges Investieren von Fidelity gute ESG-Eigenschaften aufweist, darf das Derivat zur Feststellung des Teilfondsanteils berücksichtigt werden, der Umwelt- oder Sozialeigenschaften fördert.
In welchem Mindestmaß sind nachhaltige Investitionen mit einem Umweltziel mit der EU-Taxonomie konform?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Umweltziel, die mit der EU-Taxonomie konform sind.
Die Konformität der Anlagen des Teilfonds mit der EU-Taxonomie wird nicht durch Wirtschaftsprüfer oder mittels einer Überprüfung durch Dritte sichergestellt.
Die Ausrichtung der zugrunde liegenden Anlagen des Teilfonds an der EU-Taxonomie wird anhand des Umsatzes gemessen.
Investiert das Finanzprodukt in Aktivitäten im Zusammenhang mit fossilem Gas und/oder Kernenergie, die der EU-Taxonomie¹ entsprechen?
- JaNein
- In fossiles Gas	In KernenergieWie hoch ist der Mindestanteil der Investitionen in Übergangstätigkeiten und ermöglichende Tätigkeiten?

Der Teilfonds investiert mindestens 0% in Übergangstätigkeiten und ermöglichende Tätigkeiten.
Wie hoch ist der Mindestanteil nachhaltiger Investitionen mit einem Umweltziel, die nicht mit der EU-Taxonomie konform sind?
Der Teilfonds investiert mindestens 15% in nachhaltige Anlagen mit einem Umweltziel, das nicht mit der EU-Taxonomie konform ist.
Die Anlagen können zwar mit der EU-Taxonomie konform sein, aber der Investmentmanager ist derzeit nicht in der Lage, den genauen Anteil der Anlagen des Teilfonds anzugeben, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftstätigkeiten berücksichtigen. Die Position wird jedoch weiterhin überprüft, wenn die zugrunde liegenden Regeln festgelegt sind und im Laufe der Zeit mehr zuverlässige Daten zur Verfügung stehen.
¹ Tätigkeiten im Bereich fossiles Gas und/oder Kernenergie sind nur dann EU-taxonomiekonform, wenn sie zur Eindämmung des Klimawandels („Klimaschutz“) beitragen und kein Ziel der EU-Taxonomie erheblich beeinträchtigen – siehe Erläuterung am linken Rand. Die vollständigen Kriterien für EU-taxonomiekonforme Wirtschaftstätigkeiten im Bereich fossiles Gas und Kernenergie sind in der Delegierten Verordnung (EU) 2022/1214 der Kommission festgelegt.
Wie hoch ist der Mindestanteil der sozial nachhaltigen Investitionen?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Sozialziel.
Welche Investitionen fallen unter ,,#2 Andere Investitionen", welcher Anlagezweck wird mit ihnen verfolgt und gibt es einen ökologischen oder sozialen Mindestschutz?
Die verbleibenden Anlagen des Teilfonds können in Wertpapieren von Emittenten erfolgen, die nachweisen können, dass sie sich in Bezug auf ihre ESG-Eigenschaften auf einem Kurs der Verbesserung befinden, und für Liquiditätszwecke in liquiden Mitteln und liquiden Mitteln gleichstehenden Mitteln sowie in Derivaten, die als Anlagen und für ein effizientes Portfoliomanagement eingesetzt werden können.
Zur Gewährleistung eines Mindestmaßes an Umwelt- und Sozialabsicherungen wendet der Teilfonds die Ausschlusskriterien an.

###### Wurde ein Index als Referenzwert bestimmt, um festzustellen, ob dieses Finanzprodukt auf die beworbenen ökologischen und/oder sozialen Merkmale ausgerichtet ist?
Es wird kein bestimmter Index als Referenzbenchmark angegeben, um festzustellen, ob dieses Finanzprodukt zu den geförderten Umwelt- oder Sozialeigenschaften passt.
Bei den Referenzwerten handelt es sich um Indizes, mit denen gemessen wird, ob das Finanzprodukt die beworbenen ökologischen oder sozialen Merkmale erreicht.
Inwiefern ist der Referenzwert kontinuierlich auf die mit dem Finanzprodukt beworbenen ökologischen und sozialen Merkmale ausgerichtet?
Diese Frage ist hier nicht relevant.
Wie wird die kontinuierliche Ausrichtung der Anlagestrategie auf die Indexmethode sichergestellt?
Diese Frage ist hier nicht relevant.
Wie unterscheidet sich der bestimmte Index von einem relevanten breiten Marktindex?
Diese Frage ist hier nicht relevant.
Wo kann die Methode zur Berechnung des bestimmten Indexes eingesehen werden?
Diese Frage ist hier nicht relevant.

###### 	Wo kann ich im Internet weitere produktspezifische Informationen finden?
Weitere produktspezifische Informationen finden Sie auf der Website: https:/www.fidelity.lu/funds/factsheet/LU1892829828/tab-disclosure#SFDR-disclosure. 
Weitere Informationen zu den hier dargelegten Methoden finden Sie auf der Website: System für nachhaltiges Investieren (fidelityinternational.com).
Vorvertragliche Informationen zu den in Artikel 8 Absätze 1, 2 und 2a der Verordnung (EU) 2019/2088 und Artikel 6 Absatz 1 der Verordnung (EU) 2020/852 genannten Finanzprodukten
Name des Produkts:	Unternehmenskennung (LEI- Code):
Fidelity Funds - World Fund	5493001CZJOXQY9N2O82

###### Ökologische und/oder soziale Merkmale
| Werden mit diesem Finanzprodukt nachhaltige Investitionen angestrebt? |
| --- |
|  | - Ja
 |  | Nein |
| - Es wird damit ein MindestanteiI an nachhaltigen Investitionen mit einem Umweltziel getätigt:%
	- in Wirtschaftstätigkeiten, die nach derEU-Taxonomie als ökologisch nachhaltig einzustufen sind

- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie nicht als ökologisch nachhaltig einzustufen sind
- Es wird damit ein Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel getätigt:%
 | Es werden damit ökologische/soziale Merkmale beworben und obwohl keine nachhaltigen Investitionen angestrebt werden, enthält es einen Mindestanteil von 10% an nachhaltigen Investitionen. - mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie als ökologisch nachhaltig einzustufen sindmit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie nicht als ökologisch nachhaltig einzustufen sindmit einem sozialen Ziel
- Es	werden		damit	ökologische/soziale Merkmale	beworben,		aber	keinenachhaltigen Investitionen getätigt.
 |

Welche ökologischen und/ oder sozialen Merkmale werden mit diesem Finanzprodukt beworben?
Mit Nachhaltigkeitsin- dikatoren wird gemessen, inwieweit die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht werden.
Der Teilfonds fördert Umwelt- und Sozialeigenschaften, indem er in Wertpapiere von Emittenten mit guten ESG-Eigenschaften investiert. Gute ESG-Eigenschaften werden anhand von ESG-Ratings ermittelt. ESG-Ratings berücksichtigen Umwelteigenschaften wie CO2-Intensität, CO2-Emissionen, Energieeffizienz, Wasser- und Abfallmanagement und Biodiversität sowie Sozialeigenschaften wie Produktsicherheit, Lieferkette, Gesundheit und Sicherheit sowie Menschenrechte.
Der Teilfonds ist in gewissem Maße bestrebt, nachhaltige Anlagen zu tätigen.
Es wird keine Referenzbenchmark festgelegt, um die geförderten Umwelt- und Sozialeigenschaften zu erreichen.
einzelnen ökologischen oder sozialen Merkmale, die durch dieses Finanzprodukt beworben werden, herangezogen?
Der Teilfonds verwendet die folgenden Nachhaltigkeitsindikatoren, um die Ausprägung der von ihm geförderten Umwelt- oder Sozialeigenschaften zu messen:
- der  Prozentsatz des Teilfonds, der in Wertpapieren von Emittenten mit guten ESG-Eigenschaften im Einklang mit dem System für nachhaltiges Investieren von Fidelity investiert ist;
- in Bezug auf seine Direktanlagen in Unternehmen als Emittenten der Prozentsatz des Teilfonds, der in Wertpapiere von Emittenten investiert ist, auf die Ausschlusskriterien (wie unten definiert) zutreffen;
- der Prozentsatz des Teilfonds, der in nachhaltige Anlagen investiert ist; und
- der Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Umweltziel bei Wirtschaftsaktivitäten investiert ist, die gemäß der EU-Taxonomie nicht als ökologisch nachhaltig gelten; und
- der Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel investiert ist.

Welches sind die Ziele der nachhaltigen Investitionen, die mit dem
Finanzprodukt teilweise getätigt werden sollen, und wie trägt die nachhaltige Investition zu diesen Zielen bei?
Der Teilfonds ermittelt wie folgt, ob eine Anlage nachhaltig ist:
- Emittenten, die wirtschaftliche Tätigkeiten ausüben, die zu einem oder mehreren der in der EU-Taxonomie festgelegten Umweltziele beitragen und gemäß der EU-Taxonomie als ökologisch nachhaltig gelten; oder
- Emittenten, bei denen der Großteil ihrer Geschäftstätigkeit (mehr als 50% des Umsatzes) zu ökologischen oder sozialen Zielen beiträgt, die mit einem oder mehreren der Ziele der Vereinten Nationen für nachhaltige Entwicklung („SDG“) in Einklang stehen; oder
- Emittenten, die ein Dekarbonisierungsziel festgelegt haben, das mit einem Temperaturanstiegsszenario mit 1,5 Grad oder weniger vereinbar ist (überprüft durch die Science Based Target Initiative oder ein Fidelity Proprietary Climate Rating), das als Beitrag zu Umweltzielen angesehen wird;sofern sie keinen wesentlichen Schaden anrichten, Mindestabsicherungen bieten und gute Governance-Kriterien aufweisen.

teilweise getätigt werden sollen, keinem der ökologischen oder sozialen nachhaltigen Anlageziele erheblich schaden?
Nachhaltige Anlagen werden auf ihre Beteiligung an Aktivitäten überprüft, die erheblichen Schaden und Kontroversen verursachen, und durch eine Kontrolle bewertet, ob der Emittent Mindestabsicherungen und -standards hinsichtlich der wichtigsten nachteiligen Auswirkungen (PAI) sowie die Leistung bei den PAI-Kennzahlen umsetzt bzw. erfüllt. Dazu gehören:
- Normenbasierte Filterkriterien – das Filtern von Wertpapieren, die gemäß den bestehenden (unten beschriebenen) normenbasierten Filterkriterien von Fidelity ermittelt wurden, anhand von:
- aktivitätsbasierten Filterkriterien – das Filtern von Emittenten auf der Grundlage ihrer Beteiligung an Aktivitäten mit erheblichen negativen Auswirkungen auf die Gesellschaft oder die Umwelt, darunter Emittenten, bei denen aufgrund der Filterkriterien für Kontroversen eine„sehr gravierende“ Kontroverse vorliegt, die im Bereich
- Umwelt,
- Menschenrechte und Gemeinschaften,
- Arbeitnehmerrechte und Lieferkette,
- Kunden,
- Governance angesiedelt ist; und anhand von
	- PAI-Indikatoren. Quantitative Daten (sofern verfügbar) zu PAI-Indikatoren werden verwendet, um zu bewerten, ob ein Emittent an Aktivitäten beteiligt ist, die einem Umwelt- oder Sozialziel erheblichen Schaden zufügen.


Bei den wichtigsten nachteiligen Auswirkungen handelt es sich um die bedeutendsten nachteiligen Auswirkungen von Investitionsentscheidun- gen auf NachhaItigkeitsfaktoren in den Bereichen Umwelt, Soziales und Beschäftigung, Achtung der Menschenrechte und Bekämpfung von Korruption und Bestechung.
Wie wurden die Indikatoren für nachteilige Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Für nachhaltige Anlagen, wie oben beschrieben, führt Fidelity eine quantitative Bewertung durch, um Emittenten mit einer problematischen Leistung bei PAI-Indikatoren zu ermitteln. Emittenten mit einer niedrigen Punktzahl kommen nur dann für „nachhaltige Anlagen“ infrage, wenn die Fundamentalresearch von Fidelity feststellt, dass der Emittent nicht gegen die Anforderungen verstößt, „keinen wesentlichen Schaden anrichtet“ oder sich auf einem guten Weg befindet, um die nachteiligen Auswirkungen durch effektives Management oder einen Übergang abzumildern.
Wie stehen die nachhaltigen Investitionen mit den OECD-Leitsätzen für multinationale Unternehmen und den Leitprinzipien der Vereinten Nationen für Wirtschaft und
Menschenrechte in Einklang? Nähere Angaben:
Es werden normenbasierte Filterkriterien angewendet: Emittenten, bei denen festgestellt wurde, dass sie sich nicht in einer Weise verhalten, die ihrer grundlegenden Verantwortung in den Bereichen Menschenrechte, Arbeit, Umwelt und Korruptionsbekämpfung im Einklang mit internationalen Normen gerecht wird, darunter denjenigen, die in den OECD-Leitsätzen für multinationale Unternehmen, den Leitprinzipien der Vereinten Nationen für Wirtschaft und Menschenrechte, dem UN Global Compact (UNGC) und den IAO-Standards der Internationalen Arbeitsorganisation (ILO) festgelegt sind, kommen für nachhaltige Investitionen nicht infrage.
In der EU-Taxonomie ist der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" festgelegt, nach dem taxonomiekonforme Investitionen die Ziele der EU-Taxonomie nicht erheblich beeinträchtigen dürfen, und es sind spezifische EU-Kriterien beigefügt. Der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" findet nur bei denjenigen dem Finanzprodukt zugrunde liegenden Investitionen Anwendung, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten berücksichtigen. Die dem verbleibenden Teil dieses  Finanzprodukts zugrunde  liegenden Investitionen berücksichtigen nicht die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten. Alle anderen nachhaltigen Investitionen dürfen ökologische oder soziale Ziele ebenfalls nicht erheblich beeinträchtigen.

###### Werden bei diesem Finanzprodukt die wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Ja
- NeinDie wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren werden mit Hilfe einer Vielzahl von Instrumenten berücksichtigt und in Anlageentscheidungen einbezogen. Hierzu zählen:
- Due Diligence – Analyse, ob die wichtigsten nachteiligen Auswirkungen (PAI) wesentlich und negativ sind.
- ESG-Rating – Fidelity bezieht sich auf ESG-Ratings, die wesentliche nachteilige Auswirkungen wie CO2-Emissionen, Mitarbeitersicherheit, Bestechung und Korruption sowie Wassermanagement berücksichtigen, und bei den von Staaten ausgegebenen Wertpapieren berücksichtigen die verwendeten Ratings wichtige nachteilige Auswirkungen (PAI) wie CO2-Emissionen, Sozialverstöße und die Meinungsfreiheit.
- Ausschlusskriterien – Bei Direktanlagen in Unternehmen als Emittenten wendet der Teilfonds die (unten definierten) Ausschlusskriterien an, um die wichtigsten nachteiligen Auswirkungen abzumildern. Dazu schließt er schädliche Sektoren aus und verbietet Investitionen in Emittenten, die gegen internationale Standards wie den UNGC verstoßen.
- Mitwirkung – Fidelity nutzt Mitwirkung als ein Instrument, um die wichtigsten nachteiligen Auswirkungen besser zu verstehen und sich unter bestimmten Umständen für die Abmilderung der wichtigsten nachteiligen Auswirkungen einzusetzen. Fidelity beteiligt sich an relevanten individuellen und kollaborativen Arten der Mitwirkung, die auf eine Reihe von wichtigen negativen Auswirkungen abzielen (z. B. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Abstimmungsverhalten – Die Abstimmungspolitik von Fidelity umfasst bei Unternehmen als Emittenten explizite Mindeststandards für die Geschlechtervielfalt im Aufsichtsrat und die Auseinandersetzung mit dem Klimawandel. Fidelity kann auch auf eine Weise abstimmen, dass die wichtigsten nachteiligen Auswirkungen abgemildert werden.
- Vierteljährliche Überprüfungen – Überwachung der wichtigsten nachteiligen Auswirkungen (PAI) durch den vierteljährlichen Überprüfungsprozess des Teilfonds.

Wenn es um die Frage geht, ob Investitionen eine wesentliche nachteilige Auswirkung haben, berücksichtigt Fidelity für jeden Nachhaltigkeitsfaktor spezifische Indikatoren. Diese Indikatoren hängen von der Datenverfügbarkeit ab und können sich mit zunehmender Datenqualität und
-verfügbarkeit weiterentwickeln.
Informationen über die wichtigsten nachteiligen Auswirkungen werden im Jahresbericht des Teilfonds zur Verfügung gestellt.
Die Anlagestrategie dient aIs Richtschnur für Investitionsentscheidun- gen, wobei bestimmte Kriterien wie beispielsweise Investitionsziele oder Risikotoleranz
berücksichtigt werden.
Mindestens 50% des Nettovermögens des Teilfonds werden in Wertpapiere investiert, die gute ESG-Eigenschaften aufweisen.
Ob ESG-Eigenschaften gut sind, wird anhand von ESG-Ratings externer Agenturen und von Fidelity ESG-Ratings ermittelt.
Innerhalb dieses Anlageuniversums wählt der Investmentmanager Aktien mit Hilfe rigoroser Bottom-up-Finanzanalysen und -bewertungen aus, um Aktien mit einem Potenzial für hohe Anlagerenditen auszuwählen.
In Bezug auf seine Direktanlagen in Unternehmensemittenten berücksichtigt der Teilfonds:
- eine unternehmensweite Ausschlussliste, die Streumunition und Antipersonenlandminen umfasst; und
- eine normenbasierte Filterung von Emittenten, die nach Ansicht des Investmentmanagers ihre Geschäfte nicht in Übereinstimmung mit internationalen Normen, darunter den im UNGC festgelegten, durchgeführt haben.

Die oben genannten Ausschluss- und Filterkriterien (die „Ausschlusskriterien“) werden möglicherweise von Zeit zu Zeit aktualisiert. Weitere Informationen erhalten Sie auf der Website Sustainable investing framework (fidelityinternational.com).
Es steht zudem im Ermessen des Investmentmanagers, von Zeit zu Zeit erweiterte, strengere Nachhaltigkeitsanforderungen und Ausschlusskriterien anzuwenden.
Worin bestehen die verbindlichen Elemente der Anlagestrategie, die für die Auswahl der Investitionen zur Erfüllung der beworbenen ökologischen oder sozialen Ziele verwendet werden?
Der Teilfonds investiert:
- mindestens  50%  seines  Vermögens in Wertpapiere von Emittenten mit guten ESG-Eigenschaften,
- mindestens 10% in nachhaltige Anlagen, von denen mindestens 0% ein Umweltziel aufweisen, das sich an der EU-Taxonomie orientiert, mindestens 1% ein Umweltziel, das sich nicht an der EU-Taxonomie orientiert, und mindestens 5% ein Sozialziel verfolgen.

Darüber hinaus wird der Teilfonds die oben beschriebenen Ausschlusskriterien systematisch anwenden.
Um welchen Mindestsatz wird der Umfang der vor der Anwendung dieser Anlagestrategie in Betracht gezogenen Investitionen reduziert?
Diese Frage ist hier nicht relevant.
Die Verfahrensweisen einer guten
Unternehmensführung umfassen solide Managementstrukturen, die Beziehungen zu den Arbeitnehmern, die Vergütung von Mitarbeitern sowie die Einhaltung der Steuervorschriften.
Wie werden die Verfahrensweisen einer guten Unternehmensführung der Unternehmen, in die investiert wird, bewertet?
Die Governance-Praktiken der Emittenten werden anhand von Fundamentalresearch bewertet, die Fidelity ESG-Ratings sowie Daten zu Kontroversen und Verstößen gegen den UN Global Compact berücksichtigt.
Zu den wichtigsten Punkten, die analysiert werden, gehören unter anderem die Erfolgsbilanz der Kapitalallokation, die finanzielle Transparenz, Transaktionen mit nahestehenden Parteien, die Unabhängigkeit und Größe des Vorstands, die Vergütung der Führungskräfte, die Abschlussprüfer und die interne Aufsicht sowie die Rechte der Minderheitsanteilinhaber.
Die Vermögensallokation gibt den jeweiligen Anteil der Investitionen in bestimmte Vermögenswerte an.
Taxonomiekonforme Tätigkeiten, ausgedrückt durch den Anteil der:
- Umsatzerlöse, die den Anteil der Einnahmen aus umweltfreundlichenAktivitäten der Unternehmen, in die investiert wird, widerspiegeln
- Investitionsausgaben (CapEx), die die umweltfreundlichen Investitionen der Unternehmen, in die investiert wird, aufzeigen,z.B. für den Übergang zu einer grünen Wirtschaft- Betriebsausgaben (OpEx), die die umweltfreundlichenbetrieblichen Aktivitäten der Unternehmen, in die investiert wird, widerspiegeln(#1 Ausgerichtet an E/S-Eigenschaften) Der Teilfonds investiert nach Möglichkeit:
- mindestens 50% seines	Vermögens	in	Wertpapiere	von	Emittenten	mit	guten ESG-Eigenschaften,
- mindestens 10% seines Vermögens in nachhaltige (#1A nachhaltig) Anlagen, von denen mindestens 0% ein Umweltziel verfolgen (das an der EU-Taxonomie ausgerichtet ist), mindestens 1% ein Umweltziel haben (das nicht an der EU-Taxonomie ausgerichtet ist) und mindestens 5% ein Sozialziel haben. Die übrigen nachhaltigen Anlagen des Teilfonds können ein Umwelt- oder Sozialziel verfolgen.

Sonstige Umweltziele 1%
(#1B Sonstige E/S-Eigenschaften) Umfasst Wertpapiere von Emittenten mit guten ESG-Eigenschaften, die aber keine nachhaltigen Anlagen sind.
#1A Nachhaltige
Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale
50%
Investitionen 10%
#1B Andere ökologische oder soziale Merkmale
Soziales 5%
#2 Andere Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst Investitionen des Finanzprodukts, die zur Erreichung der beworbenen ökologischen oder sozialen Merkmale getätigt wurden.
#2 Andere Investitionen umfasst die übrigen Investitionen des Finanzprodukts, die weder auf ökologische oder soziale Merkmale ausgerichtet sind noch als nachhaltige Investitionen eingestuft werden.
Die Kategorie #1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst folgende Unterkategorien:
Die Unterkategorie #1A Nachhaltige Investitionen umfasst nachhaltige Investitionen mit ökologischen oder sozialen Zielen.
Die Unterkategorie #1B Andere ökologische oder soziale Merkmale umfasst Investitionen, die auf ökologische oder soziale Merkmale ausgerichtet sind, aber nicht als nachhaltige Investitionen eingestuft werden.
Inwiefern werden durch den Einsatz von Derivaten die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht?
Wenn das einem Derivat zugrunde liegende Wertpapier im Einklang mit dem System für nachhaltiges Investieren von Fidelity gute ESG-Eigenschaften aufweist, darf das Derivat zur Feststellung des Teilfondsanteils berücksichtigt werden, der Umwelt- oder Sozialeigenschaften fördert.
In welchem Mindestmaß sind nachhaltige Investitionen mit einem Umweltziel mit der EU-Taxonomie konform?
Der Teilfonds investiert mindestens 0% in nachhaltige Anlagen mit einem Umweltziel, die mit der EU-Taxonomie konform sind.
Die Konformität der Anlagen des Teilfonds mit der EU-Taxonomie wird nicht durch Wirtschaftsprüfer oder mittels einer Überprüfung durch Dritte sichergestellt.
Die Ausrichtung der zugrunde liegenden Anlagen des Teilfonds an der EU-Taxonomie wird anhand des Umsatzes gemessen.
Investiert das Finanzprodukt in Aktivitäten im Zusammenhang mit fossilem Gas und/oder Kernenergie, die der EU-Taxonomie¹ entsprechen?
- JaNein
- In fossiles Gas	In KernenergieWie hoch ist der Mindestanteil der Investitionen in Übergangstätigkeiten und ermöglichende Tätigkeiten?

Der Teilfonds investiert mindestens 0% in Übergangstätigkeiten und ermöglichende Tätigkeiten.
Wie hoch ist der Mindestanteil nachhaltiger Investitionen mit einem Umweltziel, die nicht mit der EU-Taxonomie konform sind?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Umweltziel, das nicht mit der EU-Taxonomie konform ist.
Die Anlagen können zwar mit der EU-Taxonomie konform sein, aber der Investmentmanager ist derzeit nicht in der Lage, den genauen Anteil der Anlagen des Teilfonds anzugeben, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftstätigkeiten berücksichtigen. Die Position wird jedoch weiterhin überprüft, wenn die zugrunde liegenden Regeln festgelegt sind und im Laufe der Zeit mehr zuverlässige Daten zur Verfügung stehen.
¹ Tätigkeiten im Bereich fossiles Gas und/oder Kernenergie sind nur dann EU-taxonomiekonform, wenn sie zur Eindämmung des Klimawandels („Klimaschutz“) beitragen und kein Ziel der EU-Taxonomie erheblich beeinträchtigen – siehe Erläuterung am linken Rand. Die vollständigen Kriterien für EU-taxonomiekonforme Wirtschaftstätigkeiten im Bereich fossiles Gas und Kernenergie sind in der Delegierten Verordnung (EU) 2022/1214 der Kommission festgelegt.
Wie hoch ist der Mindestanteil der sozial nachhaltigen Investitionen?
Der Teilfonds investiert mindestens 5% in nachhaltige Anlagen mit einem Sozialziel.
Welche Investitionen fallen unter ,,#2 Andere Investitionen", welcher Anlagezweck wird mit ihnen verfolgt und gibt es einen ökologischen oder sozialen Mindestschutz?
Die verbleibenden Anlagen des Teilfonds erfolgen in Instrumenten, die zum Finanzziel des Teilfonds passen, und für Liquiditätszwecke in liquiden Mitteln und liquiden Mitteln gleichstehenden Mitteln sowie in Derivaten, die als Anlagen und für eine effiziente Portfolioverwaltung eingesetzt werden können.
Zur Gewährleistung eines Mindestmaßes an Umwelt- und Sozialabsicherungen wendet der Teilfonds die Ausschlusskriterien an.

###### Wurde ein Index als Referenzwert bestimmt, um festzustellen, ob dieses Finanzprodukt auf die beworbenen ökologischen und/oder sozialen Merkmale ausgerichtet ist?
Es wird kein bestimmter Index als Referenzbenchmark angegeben, um festzustellen, ob dieses Finanzprodukt zu den geförderten Umwelt- oder Sozialeigenschaften passt.
Bei den Referenzwerten handelt es sich um Indizes, mit denen gemessen wird, ob das Finanzprodukt die beworbenen ökologischen oder sozialen Merkmale erreicht.
Inwiefern ist der Referenzwert kontinuierlich auf die mit dem Finanzprodukt beworbenen ökologischen und sozialen Merkmale ausgerichtet?
Diese Frage ist hier nicht relevant.
Wie wird die kontinuierliche Ausrichtung der Anlagestrategie auf die Indexmethode sichergestellt?
Diese Frage ist hier nicht relevant.
Wie unterscheidet sich der bestimmte Index von einem relevanten breiten Marktindex?
Diese Frage ist hier nicht relevant.
Wo kann die Methode zur Berechnung des bestimmten Indexes eingesehen werden?
Diese Frage ist hier nicht relevant.

###### 	Wo kann ich im Internet weitere produktspezifische Informationen finden?
Weitere produktspezifische Informationen finden Sie auf der Website: https:/www.fidelity.lu/funds/factsheet/LU1261432659/tab-disclosure#SFDR-disclosure. 
Weitere Informationen zu den hier dargelegten Methoden finden Sie auf der Website: System fürnachhaltiges Investieren (fidelityinternational.com).
Vorvertragliche Informationen zu den in Artikel 8 Absätze 1, 2 und 2a der Verordnung (EU) 2019/2088 und Artikel 6 Absatz 1 der Verordnung (EU) 2020/852 genannten Finanzprodukten
Name des Produkts:	Unternehmenskennung (LEI- Code):
Fidelity Funds - America Fund	549300V54PMROCISWF43

###### Ökologische und/oder soziale Merkmale
| Werden mit diesem Finanzprodukt nachhaltige Investitionen angestrebt? |
| --- |
|  | - Ja
 |  | Nein |
| - Es wird damit ein MindestanteiI an nachhaltigen Investitionen mit einem Umweltziel getätigt:%
	- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie als ökologisch nachhaltig einzustufen sind
	- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie nicht als ökologisch nachhaltig einzustufen sind

- Es wird damit ein Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel getätigt:%
 | Es werden damit ökologische/soziale Merkmale beworben und obwohl keine nachhaltigen Investitionen angestrebt werden, enthält es einen Mindestanteil von 10% an nachhaltigen Investitionen. - mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie als ökologisch nachhaltig einzustufen sindmit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie nicht als ökologisch nachhaltig einzustufen sindmit einem sozialen Ziel
- Es	werden		damit	ökologische/soziale Merkmale	beworben,		aber	keinenachhaltigen Investitionen getätigt.
 |

Welche ökologischen und/ oder sozialen Merkmale werden mit diesem Finanzprodukt beworben?
Mit Nachhaltigkeitsin- dikatoren wird gemessen, inwieweit die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht werden.
Der Teilfonds fördert Umwelt- und Sozialeigenschaften, indem er in Wertpapiere von Emittenten mit guten ESG-Eigenschaften investiert. Gute ESG-Eigenschaften werden anhand von ESG-Ratings ermittelt. ESG-Ratings berücksichtigen Umwelteigenschaften wie CO2-Intensität, CO2-Emissionen, Energieeffizienz, Wasser- und Abfallmanagement und Biodiversität sowie Sozialeigenschaften wie Produktsicherheit, Lieferkette, Gesundheit und Sicherheit sowie Menschenrechte.
Der Teilfonds ist in gewissem Maße bestrebt, nachhaltige Anlagen zu tätigen.
Es wird keine Referenzbenchmark festgelegt, um die geförderten Umwelt- und Sozialeigenschaften zu erreichen.
einzelnen ökologischen oder sozialen Merkmale, die durch dieses Finanzprodukt beworben werden, herangezogen?
Der Teilfonds verwendet die folgenden Nachhaltigkeitsindikatoren, um die Ausprägung der von ihm geförderten Umwelt- oder Sozialeigenschaften zu messen:
- der  Prozentsatz des Teilfonds, der in Wertpapieren von Emittenten mit guten ESG-Eigenschaften im Einklang mit dem System für nachhaltiges Investieren von Fidelity investiert ist;
- in Bezug auf seine Direktanlagen in Unternehmen als Emittenten der Prozentsatz des Teilfonds, der in Wertpapiere von Emittenten investiert ist, auf die Ausschlusskriterien (wie unten definiert) zutreffen;
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen investiert ist; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel bei Wirtschaftsaktivitäten investiert ist, die gemäß der EU-Taxonomie nicht als ökologisch nachhaltig gelten; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel investiert ist.

Welches sind die Ziele der nachhaltigen Investitionen, die mit dem
Finanzprodukt teilweise getätigt werden sollen, und wie trägt die nachhaltige Investition zu diesen Zielen bei?
Der Teilfonds ermittelt wie folgt, ob eine Anlage nachhaltig ist:
- Emittenten, die wirtschaftliche Tätigkeiten ausüben, die zu einem oder mehreren der in der EU-Taxonomie festgelegten Umweltziele beitragen und gemäß der EU-Taxonomie als ökologisch nachhaltig gelten; oder
- Emittenten, bei denen der Großteil ihrer Geschäftstätigkeit (mehr als 50% des Umsatzes) zu ökologischen oder sozialen Zielen beiträgt, die mit einem oder mehreren der Ziele der Vereinten Nationen für nachhaltige Entwicklung („SDG“) in Einklang stehen; oder
- Emittenten, die ein Dekarbonisierungsziel festgelegt haben, das mit einem Temperaturanstiegsszenario mit 1,5 Grad oder weniger vereinbar ist (überprüft durch die Science Based Target Initiative oder ein Fidelity Proprietary Climate Rating), das als Beitrag zu Umweltzielen angesehen wird;sofern sie keinen wesentlichen Schaden anrichten, Mindestabsicherungen bieten und gute Governance-Kriterien aufweisen.

teilweise getätigt werden sollen, keinem der ökologischen oder sozialen nachhaltigen Anlageziele erheblich schaden?
Nachhaltige Anlagen werden auf ihre Beteiligung an Aktivitäten überprüft, die erheblichen Schaden und Kontroversen verursachen, und durch eine Kontrolle bewertet, ob der Emittent Mindestabsicherungen und -standards hinsichtlich der wichtigsten nachteiligen Auswirkungen (PAI) sowie die Leistung bei den PAI-Kennzahlen umsetzt bzw. erfüllt. Dazu gehören:
- Normenbasierte Filterkriterien – das Filtern von Wertpapieren, die gemäß den bestehenden (unten beschriebenen) normenbasierten Filterkriterien von Fidelity ermittelt wurden, anhand von:
- aktivitätsbasierten Filterkriterien – das Filtern von Emittenten auf der Grundlage ihrer Beteiligung an Aktivitäten mit erheblichen negativen Auswirkungen auf die Gesellschaft oder die Umwelt, darunter Emittenten, bei denen aufgrund der Filterkriterien für Kontroversen eine„sehr gravierende“ Kontroverse vorliegt, die im Bereich
- Umwelt,
- Menschenrechte und Gemeinschaften,
- Arbeitnehmerrechte und Lieferkette,
- Kunden,
- Governance angesiedelt ist; und anhand von
	- PAI-Indikatoren. Quantitative Daten (sofern verfügbar) zu PAI-Indikatoren werden verwendet, um zu bewerten, ob ein Emittent an Aktivitäten beteiligt ist, die einem Umwelt- oder Sozialziel erheblichen Schaden zufügen.


Bei den wichtigsten nachteiligen Auswirkungen handelt es sich um die bedeutendsten nachteiligen Auswirkungen von Investitionsentscheidun- gen auf NachhaItigkeitsfaktoren in den Bereichen Umwelt, Soziales und Beschäftigung, Achtung der Menschenrechte und Bekämpfung von Korruption und Bestechung.
Wie wurden die Indikatoren für nachteilige Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Für nachhaltige Anlagen, wie oben beschrieben, führt Fidelity eine quantitative Bewertung durch, um Emittenten mit einer problematischen Leistung bei PAI-Indikatoren zu ermitteln. Emittenten mit einer niedrigen Punktzahl kommen nur dann für „nachhaltige Anlagen“ infrage, wenn die Fundamentalresearch von Fidelity feststellt, dass der Emittent nicht gegen die Anforderungen verstößt, „keinen wesentlichen Schaden anrichtet“ oder sich auf einem guten Weg befindet, um die nachteiligen Auswirkungen durch effektives Management oder einen Übergang abzumildern.
Wie stehen die nachhaltigen Investitionen mit den OECD-Leitsätzen für multinationale Unternehmen und den Leitprinzipien der Vereinten Nationen für Wirtschaft und
Menschenrechte in Einklang? Nähere Angaben:
Es werden normenbasierte Filterkriterien angewendet: Emittenten, bei denen festgestellt wurde, dass sie sich nicht in einer Weise verhalten, die ihrer grundlegenden Verantwortung in den Bereichen Menschenrechte, Arbeit, Umwelt und Korruptionsbekämpfung im Einklang mit internationalen Normen gerecht wird, darunter denjenigen, die in den OECD-Leitsätzen für multinationale Unternehmen, den Leitprinzipien der Vereinten Nationen für Wirtschaft und Menschenrechte, dem UN Global Compact (UNGC) und den IAO-Standards der Internationalen Arbeitsorganisation (ILO) festgelegt sind, kommen für nachhaltige Investitionen nicht infrage.
In der EU-Taxonomie ist der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" festgelegt, nach dem taxonomiekonforme Investitionen die Ziele der EU-Taxonomie nicht erheblich beeinträchtigen dürfen, und es sind spezifische EU-Kriterien beigefügt. Der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" findet nur bei denjenigen dem Finanzprodukt zugrunde liegenden Investitionen Anwendung, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten berücksichtigen. Die dem verbleibenden Teil dieses  Finanzprodukts zugrunde  liegenden Investitionen berücksichtigen nicht die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten. Alle anderen nachhaltigen Investitionen dürfen ökologische oder soziale Ziele ebenfalls nicht erheblich beeinträchtigen.

###### Werden bei diesem Finanzprodukt die wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Ja
- NeinDie wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren werden mit Hilfe einer Vielzahl von Instrumenten berücksichtigt und in Anlageentscheidungen einbezogen. Hierzu zählen:
- Due Diligence – Analyse, ob die wichtigsten nachteiligen Auswirkungen (PAI) wesentlich und negativ sind.
- ESG-Rating – Fidelity bezieht sich auf ESG-Ratings, die wesentliche nachteilige Auswirkungen wie CO2-Emissionen, Mitarbeitersicherheit, Bestechung und Korruption sowie Wassermanagement berücksichtigen, und bei den von Staaten ausgegebenen Wertpapieren berücksichtigen die verwendeten Ratings wichtige nachteilige Auswirkungen (PAI) wie CO2-Emissionen, Sozialverstöße und die Meinungsfreiheit.
- Ausschlusskriterien – Bei Direktanlagen in Unternehmen als Emittenten wendet der Teilfonds die (unten definierten) Ausschlusskriterien an, um die wichtigsten nachteiligen Auswirkungen abzumildern. Dazu schließt er schädliche Sektoren aus und verbietet Investitionen in Emittenten, die gegen internationale Standards wie den UNGC verstoßen.
- Mitwirkung – Fidelity nutzt Mitwirkung als ein Instrument, um die wichtigsten nachteiligen Auswirkungen besser zu verstehen und sich unter bestimmten Umständen für die Abmilderung der wichtigsten nachteiligen Auswirkungen einzusetzen. Fidelity beteiligt sich an relevanten individuellen und kollaborativen Arten der Mitwirkung, die auf eine Reihe von wichtigen negativen Auswirkungen abzielen (z. B. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Abstimmungsverhalten – Die Abstimmungspolitik von Fidelity umfasst bei Unternehmen als Emittenten explizite Mindeststandards für die Geschlechtervielfalt im Aufsichtsrat und die Auseinandersetzung mit dem Klimawandel. Fidelity kann auch auf eine Weise abstimmen, dass die wichtigsten nachteiligen Auswirkungen abgemildert werden.
- Vierteljährliche Überprüfungen – Überwachung der wichtigsten nachteiligen Auswirkungen (PAI) durch den vierteljährlichen Überprüfungsprozess des Teilfonds.

Wenn es um die Frage geht, ob Investitionen eine wesentliche nachteilige Auswirkung haben, berücksichtigt Fidelity für jeden Nachhaltigkeitsfaktor spezifische Indikatoren. Diese Indikatoren hängen von der Datenverfügbarkeit ab und können sich mit zunehmender Datenqualität und
-verfügbarkeit weiterentwickeln.
Informationen über die wichtigsten nachteiligen Auswirkungen werden im Jahresbericht des Teilfonds zur Verfügung gestellt.
Die Anlagestrategie dient aIs Richtschnur für Investitionsentscheidun- gen, wobei bestimmte Kriterien wie beispielsweise Investitionsziele oder Risikotoleranz
berücksichtigt werden.
Mindestens 50% des Nettovermögens des Teilfonds werden in Wertpapiere investiert, die gute ESG-Eigenschaften aufweisen.
Ob ESG-Eigenschaften gut sind, wird anhand von ESG-Ratings externer Agenturen und von Fidelity ESG-Ratings ermittelt.
Innerhalb dieses Anlageuniversums wählt der Investmentmanager Aktien mit Hilfe rigoroser Bottom-up-Finanzanalysen und -bewertungen aus, um Aktien mit einem Potenzial für hohe Anlagerenditen auszuwählen.
In Bezug auf seine Direktanlagen in Unternehmensemittenten berücksichtigt der Teilfonds:
- eine unternehmensweite Ausschlussliste, die Streumunition und Antipersonenlandminen umfasst; und
- eine normenbasierte Filterung von Emittenten, die nach Ansicht des Investmentmanagers ihre Geschäfte nicht in Übereinstimmung mit internationalen Normen, darunter den im UNGC festgelegten, durchgeführt haben.

Die oben genannten Ausschluss- und Filterkriterien (die „Ausschlusskriterien“) werden möglicherweise von Zeit zu Zeit aktualisiert. Weitere Informationen erhalten Sie auf der Website Sustainable investing framework (fidelityinternational.com).
Es steht zudem im Ermessen des Investmentmanagers, von Zeit zu Zeit erweiterte, strengere Nachhaltigkeitsanforderungen und Ausschlusskriterien anzuwenden.
Worin bestehen die verbindlichen Elemente der Anlagestrategie, die für die Auswahl der Investitionen zur Erfüllung der beworbenen ökologischen oder sozialen Ziele verwendet werden?
Der Teilfonds investiert:
- mindestens  50%  seines  Vermögens in Wertpapiere von Emittenten mit guten ESG-Eigenschaften,
- mindestens 10% in nachhaltige Anlagen, von denen mindestens 0% ein Umweltziel aufweisen, das sich an der EU-Taxonomie orientiert, mindestens 1% ein Umweltziel, das sich nicht an der EU-Taxonomie orientiert, und mindestens 5% ein Sozialziel verfolgen.

Darüber hinaus wird der Teilfonds die oben beschriebenen Ausschlusskriterien systematisch anwenden.
Um welchen Mindestsatz wird der Umfang der vor der Anwendung dieser Anlagestrategie in Betracht gezogenen Investitionen reduziert?
Diese Frage ist hier nicht relevant.
Die Verfahrensweisen einer guten
Unternehmensführung umfassen solide Managementstrukturen, die Beziehungen zu den Arbeitnehmern, die Vergütung von Mitarbeitern sowie die Einhaltung der Steuervorschriften.
Wie werden die Verfahrensweisen einer guten Unternehmensführung der Unternehmen, in die investiert wird, bewertet?
Die Governance-Praktiken der Emittenten werden anhand von Fundamentalresearch bewertet, die Fidelity ESG-Ratings sowie Daten zu Kontroversen und Verstößen gegen den UN Global Compact berücksichtigt.
Zu den wichtigsten Punkten, die analysiert werden, gehören unter anderem die Erfolgsbilanz der Kapitalallokation, die finanzielle Transparenz, Transaktionen mit nahestehenden Parteien, die Unabhängigkeit und Größe des Vorstands, die Vergütung der Führungskräfte, die Abschlussprüfer und die interne Aufsicht sowie die Rechte der Minderheitsanteilinhaber.
Die Vermögensallokation gibt den jeweiligen Anteil der Investitionen in bestimmte Vermögenswerte an.
Taxonomiekonforme Tätigkeiten, ausgedrückt durch den Anteil der:
- Umsatzerlöse, die den Anteil der Einnahmen aus umweltfreundlichenAktivitäten der Unternehmen, in die investiert wird, widerspiegeln
- Investitionsausgaben (CapEx), die die umweltfreundlichen Investitionen der Unternehmen, in die investiert wird, aufzeigen,z.B. für den Übergang zu einer grünen Wirtschaft- Betriebsausgaben (OpEx), die die umweltfreundlichenbetrieblichen Aktivitäten der Unternehmen, in die investiert wird, widerspiegeln(#1 Ausgerichtet an E/S-Eigenschaften) Der Teilfonds investiert nach Möglichkeit:
- mindestens 50% seines	Vermögens	in	Wertpapiere	von	Emittenten	mit	guten ESG-Eigenschaften,
- mindestens 10% seines Vermögens in nachhaltige (#1A nachhaltig) Anlagen, von denen mindestens 0% ein Umweltziel verfolgen (das an der EU-Taxonomie ausgerichtet ist), mindestens 1% ein Umweltziel haben (das nicht an der EU-Taxonomie ausgerichtet ist) und mindestens 5% ein Sozialziel haben. Die übrigen nachhaltigen Anlagen des Teilfonds können ein Umwelt- oder Sozialziel verfolgen.

Sonstige Umweltziele 1%
(#1B Sonstige E/S-Eigenschaften) Umfasst Wertpapiere von Emittenten mit guten ESG-Eigenschaften, die aber keine nachhaltigen Anlagen sind.
#1A Nachhaltige
Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale
50%
Investitionen 10%
#1B Andere ökologische oder soziale Merkmale
Soziales 5%
#2 Andere Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst Investitionen des Finanzprodukts, die zur Erreichung der beworbenen ökologischen oder sozialen Merkmale getätigt wurden.
#2 Andere Investitionen umfasst die übrigen Investitionen des Finanzprodukts, die weder auf ökologische oder soziale Merkmale ausgerichtet sind noch als nachhaltige Investitionen eingestuft werden.
Die Kategorie #1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst folgende Unterkategorien:
Die Unterkategorie #1A Nachhaltige Investitionen umfasst nachhaltige Investitionen mit ökologischen oder sozialen Zielen.
Die Unterkategorie #1B Andere ökologische oder soziale Merkmale umfasst Investitionen, die auf ökologische oder soziale Merkmale ausgerichtet sind, aber nicht als nachhaltige Investitionen eingestuft werden.
Inwiefern werden durch den Einsatz von Derivaten die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht?
Wenn das einem Derivat zugrunde liegende Wertpapier im Einklang mit dem System für nachhaltiges Investieren von Fidelity gute ESG-Eigenschaften aufweist, darf das Derivat zur Feststellung des Teilfondsanteils berücksichtigt werden, der Umwelt- oder Sozialeigenschaften fördert.
In welchem Mindestmaß sind nachhaltige Investitionen mit einem Umweltziel mit der EU-Taxonomie konform?
Der Teilfonds investiert mindestens 0% in nachhaltige Anlagen mit einem Umweltziel, die mit der EU-Taxonomie konform sind.
Die Konformität der Anlagen des Teilfonds mit der EU-Taxonomie wird nicht durch Wirtschaftsprüfer oder mittels einer Überprüfung durch Dritte sichergestellt.
Die Ausrichtung der zugrunde liegenden Anlagen des Teilfonds an der EU-Taxonomie wird anhand des Umsatzes gemessen.
Investiert das Finanzprodukt in Aktivitäten im Zusammenhang mit fossilem Gas und/oder Kernenergie, die der EU-Taxonomie¹ entsprechen?
- JaNein
- In fossiles Gas	In KernenergieWie hoch ist der Mindestanteil der Investitionen in Übergangstätigkeiten und ermöglichende Tätigkeiten?

Der Teilfonds investiert mindestens 0% in Übergangstätigkeiten und ermöglichende Tätigkeiten.
Wie hoch ist der Mindestanteil nachhaltiger Investitionen mit einem Umweltziel, die nicht mit der EU-Taxonomie konform sind?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Umweltziel, das nicht mit der EU-Taxonomie konform ist.
Die Anlagen können zwar mit der EU-Taxonomie konform sein, aber der Investmentmanager ist derzeit nicht in der Lage, den genauen Anteil der Anlagen des Teilfonds anzugeben, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftstätigkeiten berücksichtigen. Die Position wird jedoch weiterhin überprüft, wenn die zugrunde liegenden Regeln festgelegt sind und im Laufe der Zeit mehr zuverlässige Daten zur Verfügung stehen.
¹ Tätigkeiten im Bereich fossiles Gas und/oder Kernenergie sind nur dann EU-taxonomiekonform, wenn sie zur Eindämmung des Klimawandels („Klimaschutz“) beitragen und kein Ziel der EU-Taxonomie erheblich beeinträchtigen – siehe Erläuterung am linken Rand. Die vollständigen Kriterien für EU-taxonomiekonforme Wirtschaftstätigkeiten im Bereich fossiles Gas und Kernenergie sind in der Delegierten Verordnung (EU) 2022/1214 der Kommission festgelegt.
Wie hoch ist der Mindestanteil der sozial nachhaltigen Investitionen?
Der Teilfonds investiert mindestens 5% in nachhaltige Anlagen mit einem Sozialziel.
Welche Investitionen fallen unter ,,#2 Andere Investitionen", welcher Anlagezweck wird mit ihnen verfolgt und gibt es einen ökologischen oder sozialen Mindestschutz?
Die verbleibenden Anlagen des Teilfonds erfolgen in Instrumenten, die zum Finanzziel des Teilfonds passen, und für Liquiditätszwecke in liquiden Mitteln und liquiden Mitteln gleichstehenden Mitteln sowie in Derivaten, die als Anlagen und für eine effiziente Portfolioverwaltung eingesetzt werden können.
Zur Gewährleistung eines Mindestmaßes an Umwelt- und Sozialabsicherungen wendet der Teilfonds die Ausschlusskriterien an.

###### Wurde ein Index als Referenzwert bestimmt, um festzustellen, ob dieses Finanzprodukt auf die beworbenen ökologischen und/oder sozialen Merkmale ausgerichtet ist?
Es wird kein bestimmter Index als Referenzbenchmark angegeben, um festzustellen, ob dieses Finanzprodukt zu den geförderten Umwelt- oder Sozialeigenschaften passt.
Bei den Referenzwerten handelt es sich um Indizes, mit denen gemessen wird, ob das Finanzprodukt die beworbenen ökologischen oder sozialen Merkmale erreicht.
Inwiefern ist der Referenzwert kontinuierlich auf die mit dem Finanzprodukt beworbenen ökologischen und sozialen Merkmale ausgerichtet?
Diese Frage ist hier nicht relevant.
Wie wird die kontinuierliche Ausrichtung der Anlagestrategie auf die Indexmethode sichergestellt?
Diese Frage ist hier nicht relevant.
Wie unterscheidet sich der bestimmte Index von einem relevanten breiten Marktindex?
Diese Frage ist hier nicht relevant.
Wo kann die Methode zur Berechnung des bestimmten Indexes eingesehen werden?
Diese Frage ist hier nicht relevant.

###### 	Wo kann ich im Internet weitere produktspezifische Informationen finden?
Weitere produktspezifische Informationen finden Sie auf der Website: https:/www.fidelity.lu/funds/factsheet/LU0251127410/tab-disclosure#SFDR-disclosure. 
Weitere Informationen zu den hier dargelegten Methoden finden Sie auf der Website: System fürnachhaltiges Investieren (fidelityinternational.com).
Vorvertragliche Informationen zu den in Artikel 8 Absätze 1, 2 und 2a der Verordnung (EU) 2019/2088 und Artikel 6 Absatz 1 der Verordnung (EU) 2020/852 genannten Finanzprodukten
Name des Produkts:	Unternehmenskennung (LEI- Code):
Fidelity Funds - American Growth Fund	5493006HJTUO3KW6WK77

###### Ökologische und/oder soziale Merkmale
| Werden mit diesem Finanzprodukt nachhaltige Investitionen angestrebt? |
| --- |
|  | - Ja
 |  | Nein |
| - Es wird damit ein MindestanteiI an nachhaltigen Investitionen mit einem Umweltziel getätigt:%
	- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie als ökologisch nachhaltig einzustufen sind
	- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie nicht als ökologisch nachhaltig einzustufen sind

- Es wird damit ein Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel getätigt:%
 | Es werden damit ökologische/soziale Merkmale beworben und obwohl keine nachhaltigen Investitionen angestrebt werden, enthält es einen Mindestanteil von 5% an nachhaltigen Investitionen. - mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie als ökologisch nachhaltig einzustufen sindmit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie nicht als ökologisch nachhaltig einzustufen sindmit einem sozialen Ziel
- Es	werden		damit	ökologische/soziale Merkmale	beworben,		aber	keinenachhaltigen Investitionen getätigt.
 |

Welche ökologischen und/ oder sozialen Merkmale werden mit diesem Finanzprodukt beworben?
Mit Nachhaltigkeitsin- dikatoren wird gemessen, inwieweit die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht werden.
Der Teilfonds fördert Umwelt- und Sozialeigenschaften, indem er in Wertpapiere von Emittenten mit guten ESG-Eigenschaften investiert. Gute ESG-Eigenschaften werden anhand von ESG-Ratings ermittelt. ESG-Ratings berücksichtigen Umwelteigenschaften wie CO2-Intensität, CO2-Emissionen, Energieeffizienz, Wasser- und Abfallmanagement und Biodiversität sowie Sozialeigenschaften wie Produktsicherheit, Lieferkette, Gesundheit und Sicherheit sowie Menschenrechte.
Der Teilfonds ist in gewissem Maße bestrebt, nachhaltige Anlagen zu tätigen.
Es wird keine Referenzbenchmark festgelegt, um die geförderten Umwelt- und Sozialeigenschaften zu erreichen.
einzelnen ökologischen oder sozialen Merkmale, die durch dieses Finanzprodukt beworben werden, herangezogen?
Der Teilfonds verwendet die folgenden Nachhaltigkeitsindikatoren, um die Ausprägung der von ihm geförderten Umwelt- oder Sozialeigenschaften zu messen:
- der  Prozentsatz des Teilfonds, der in Wertpapieren von Emittenten mit guten ESG-Eigenschaften im Einklang mit dem System für nachhaltiges Investieren von Fidelity investiert ist;
- in Bezug auf seine Direktanlagen in Unternehmen als Emittenten der Prozentsatz des Teilfonds, der in Wertpapiere von Emittenten investiert ist, auf die Ausschlusskriterien (wie unten definiert) zutreffen;
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen investiert ist; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel bei Wirtschaftsaktivitäten investiert ist, die gemäß der EU-Taxonomie nicht als ökologisch nachhaltig gelten; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel investiert ist.

Welches sind die Ziele der nachhaltigen Investitionen, die mit dem
Finanzprodukt teilweise getätigt werden sollen, und wie trägt die nachhaltige Investition zu diesen Zielen bei?
Der Teilfonds ermittelt wie folgt, ob eine Anlage nachhaltig ist:
- Emittenten, die wirtschaftliche Tätigkeiten ausüben, die zu einem oder mehreren der in der EU-Taxonomie festgelegten Umweltziele beitragen und gemäß der EU-Taxonomie als ökologisch nachhaltig gelten; oder
- Emittenten, bei denen der Großteil ihrer Geschäftstätigkeit (mehr als 50% des Umsatzes) zu ökologischen oder sozialen Zielen beiträgt, die mit einem oder mehreren der Ziele der Vereinten Nationen für nachhaltige Entwicklung („SDG“) in Einklang stehen; oder
- Emittenten, die ein Dekarbonisierungsziel festgelegt haben, das mit einem Temperaturanstiegsszenario mit 1,5 Grad oder weniger vereinbar ist (überprüft durch die Science Based Target Initiative oder ein Fidelity Proprietary Climate Rating), das als Beitrag zu Umweltzielen angesehen wird;sofern sie keinen wesentlichen Schaden anrichten, Mindestabsicherungen bieten und gute Governance-Kriterien aufweisen.

teilweise getätigt werden sollen, keinem der ökologischen oder sozialen nachhaltigen Anlageziele erheblich schaden?
Nachhaltige Anlagen werden auf ihre Beteiligung an Aktivitäten überprüft, die erheblichen Schaden und Kontroversen verursachen, und durch eine Kontrolle bewertet, ob der Emittent Mindestabsicherungen und -standards hinsichtlich der wichtigsten nachteiligen Auswirkungen (PAI) sowie die Leistung bei den PAI-Kennzahlen umsetzt bzw. erfüllt. Dazu gehören:
- Normenbasierte Filterkriterien – das Filtern von Wertpapieren, die gemäß den bestehenden (unten beschriebenen) normenbasierten Filterkriterien von Fidelity ermittelt wurden, anhand von:
- aktivitätsbasierten Filterkriterien – das Filtern von Emittenten auf der Grundlage ihrer Beteiligung an Aktivitäten mit erheblichen negativen Auswirkungen auf die Gesellschaft oder die Umwelt, darunter Emittenten, bei denen aufgrund der Filterkriterien für Kontroversen eine„sehr gravierende“ Kontroverse vorliegt, die im Bereich
- Umwelt,
- Menschenrechte und Gemeinschaften,
- Arbeitnehmerrechte und Lieferkette,
- Kunden,
- Governance angesiedelt ist; und anhand von
	- PAI-Indikatoren. Quantitative Daten (sofern verfügbar) zu PAI-Indikatoren werden verwendet, um zu bewerten, ob ein Emittent an Aktivitäten beteiligt ist, die einem Umwelt- oder Sozialziel erheblichen Schaden zufügen.


Bei den wichtigsten nachteiligen Auswirkungen handelt es sich um die bedeutendsten nachteiligen Auswirkungen von Investitionsentscheidun- gen auf NachhaItigkeitsfaktoren in den Bereichen Umwelt, Soziales und Beschäftigung, Achtung der Menschenrechte und Bekämpfung von Korruption und Bestechung.
Wie wurden die Indikatoren für nachteilige Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Für nachhaltige Anlagen, wie oben beschrieben, führt Fidelity eine quantitative Bewertung durch, um Emittenten mit einer problematischen Leistung bei PAI-Indikatoren zu ermitteln. Emittenten mit einer niedrigen Punktzahl kommen nur dann für „nachhaltige Anlagen“ infrage, wenn die Fundamentalresearch von Fidelity feststellt, dass der Emittent nicht gegen die Anforderungen verstößt, „keinen wesentlichen Schaden anrichtet“ oder sich auf einem guten Weg befindet, um die nachteiligen Auswirkungen durch effektives Management oder einen Übergang abzumildern.
Wie stehen die nachhaltigen Investitionen mit den OECD-Leitsätzen für multinationale Unternehmen und den Leitprinzipien der Vereinten Nationen für Wirtschaft und
Menschenrechte in Einklang? Nähere Angaben:
Es werden normenbasierte Filterkriterien angewendet: Emittenten, bei denen festgestellt wurde, dass sie sich nicht in einer Weise verhalten, die ihrer grundlegenden Verantwortung in den Bereichen Menschenrechte, Arbeit, Umwelt und Korruptionsbekämpfung im Einklang mit internationalen Normen gerecht wird, darunter denjenigen, die in den OECD-Leitsätzen für multinationale Unternehmen, den Leitprinzipien der Vereinten Nationen für Wirtschaft und Menschenrechte, dem UN Global Compact (UNGC) und den IAO-Standards der Internationalen Arbeitsorganisation (ILO) festgelegt sind, kommen für nachhaltige Investitionen nicht infrage.
In der EU-Taxonomie ist der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" festgelegt, nach dem taxonomiekonforme Investitionen die Ziele der EU-Taxonomie nicht erheblich beeinträchtigen dürfen, und es sind spezifische EU-Kriterien beigefügt. Der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" findet nur bei denjenigen dem Finanzprodukt zugrunde liegenden Investitionen Anwendung, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten berücksichtigen. Die dem verbleibenden Teil dieses  Finanzprodukts zugrunde  liegenden Investitionen berücksichtigen nicht die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten. Alle anderen nachhaltigen Investitionen dürfen ökologische oder soziale Ziele ebenfalls nicht erheblich beeinträchtigen.

###### Werden bei diesem Finanzprodukt die wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Ja
- NeinDie wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren werden mit Hilfe einer Vielzahl von Instrumenten berücksichtigt und in Anlageentscheidungen einbezogen. Hierzu zählen:
- Due Diligence – Analyse, ob die wichtigsten nachteiligen Auswirkungen (PAI) wesentlich und negativ sind.
- ESG-Rating – Fidelity bezieht sich auf ESG-Ratings, die wesentliche nachteilige Auswirkungen wie CO2-Emissionen, Mitarbeitersicherheit, Bestechung und Korruption sowie Wassermanagement berücksichtigen, und bei den von Staaten ausgegebenen Wertpapieren berücksichtigen die verwendeten Ratings wichtige nachteilige Auswirkungen (PAI) wie CO2-Emissionen, Sozialverstöße und die Meinungsfreiheit.
- Ausschlusskriterien – Bei Direktanlagen in Unternehmen als Emittenten wendet der Teilfonds die (unten definierten) Ausschlusskriterien an, um die wichtigsten nachteiligen Auswirkungen abzumildern. Dazu schließt er schädliche Sektoren aus und verbietet Investitionen in Emittenten, die gegen internationale Standards wie den UNGC verstoßen.
- Mitwirkung – Fidelity nutzt Mitwirkung als ein Instrument, um die wichtigsten nachteiligen Auswirkungen besser zu verstehen und sich unter bestimmten Umständen für die Abmilderung der wichtigsten nachteiligen Auswirkungen einzusetzen. Fidelity beteiligt sich an relevanten individuellen und kollaborativen Arten der Mitwirkung, die auf eine Reihe von wichtigen negativen Auswirkungen abzielen (z. B. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Abstimmungsverhalten – Die Abstimmungspolitik von Fidelity umfasst bei Unternehmen als Emittenten explizite Mindeststandards für die Geschlechtervielfalt im Aufsichtsrat und die Auseinandersetzung mit dem Klimawandel. Fidelity kann auch auf eine Weise abstimmen, dass die wichtigsten nachteiligen Auswirkungen abgemildert werden.
- Vierteljährliche Überprüfungen – Überwachung der wichtigsten nachteiligen Auswirkungen (PAI) durch den vierteljährlichen Überprüfungsprozess des Teilfonds.

Wenn es um die Frage geht, ob Investitionen eine wesentliche nachteilige Auswirkung haben, berücksichtigt Fidelity für jeden Nachhaltigkeitsfaktor spezifische Indikatoren. Diese Indikatoren hängen von der Datenverfügbarkeit ab und können sich mit zunehmender Datenqualität und
-verfügbarkeit weiterentwickeln.
Informationen über die wichtigsten nachteiligen Auswirkungen werden im Jahresbericht des Teilfonds zur Verfügung gestellt.
Die Anlagestrategie dient aIs Richtschnur für Investitionsentscheidun- gen, wobei bestimmte Kriterien wie beispielsweise Investitionsziele oder Risikotoleranz
berücksichtigt werden.
Mindestens 50% des Nettovermögens des Teilfonds werden in Wertpapiere investiert, die gute ESG-Eigenschaften aufweisen.
Ob ESG-Eigenschaften gut sind, wird anhand von ESG-Ratings externer Agenturen und von Fidelity ESG-Ratings ermittelt.
Innerhalb dieses Anlageuniversums wählt der Investmentmanager Aktien mit Hilfe rigoroser Bottom-up-Finanzanalysen und -bewertungen aus, um Aktien mit einem Potenzial für hohe Anlagerenditen auszuwählen.
In Bezug auf seine Direktanlagen in Unternehmensemittenten berücksichtigt der Teilfonds:
- eine unternehmensweite Ausschlussliste, die Streumunition und Antipersonenlandminen umfasst; und
- eine normenbasierte Filterung von Emittenten, die nach Ansicht des Investmentmanagers ihre Geschäfte nicht in Übereinstimmung mit internationalen Normen, darunter den im UNGC festgelegten, durchgeführt haben.

Die oben genannten Ausschluss- und Filterkriterien (die „Ausschlusskriterien“) werden möglicherweise von Zeit zu Zeit aktualisiert. Weitere Informationen erhalten Sie auf der Website Sustainable investing framework (fidelityinternational.com).
Es steht zudem im Ermessen des Investmentmanagers, von Zeit zu Zeit erweiterte, strengere Nachhaltigkeitsanforderungen und Ausschlusskriterien anzuwenden.
Worin bestehen die verbindlichen Elemente der Anlagestrategie, die für die Auswahl der Investitionen zur Erfüllung der beworbenen ökologischen oder sozialen Ziele verwendet werden?
Der Teilfonds investiert:
- mindestens  50%  seines  Vermögens in Wertpapiere von Emittenten mit guten ESG-Eigenschaften,
- mindestens 5% in nachhaltige Anlagen, von denen mindestens 0% ein Umweltziel aufweisen, das sich an der EU-Taxonomie orientiert, mindestens 1% ein Umweltziel, das sich nicht an der EU-Taxonomie orientiert, und mindestens 1% ein Sozialziel verfolgen.

Darüber hinaus wird der Teilfonds die oben beschriebenen Ausschlusskriterien systematisch anwenden.
Um welchen Mindestsatz wird der Umfang der vor der Anwendung dieser Anlagestrategie in Betracht gezogenen Investitionen reduziert?
Diese Frage ist hier nicht relevant.
Die Verfahrensweisen einer guten
Unternehmensführung umfassen solide Managementstrukturen, die Beziehungen zu den Arbeitnehmern, die Vergütung von Mitarbeitern sowie die Einhaltung der Steuervorschriften.
Wie werden die Verfahrensweisen einer guten Unternehmensführung der Unternehmen, in die investiert wird, bewertet?
Die Governance-Praktiken der Emittenten werden anhand von Fundamentalresearch bewertet, die Fidelity ESG-Ratings sowie Daten zu Kontroversen und Verstößen gegen den UN Global Compact berücksichtigt.
Zu den wichtigsten Punkten, die analysiert werden, gehören unter anderem die Erfolgsbilanz der Kapitalallokation, die finanzielle Transparenz, Transaktionen mit nahestehenden Parteien, die Unabhängigkeit und Größe des Vorstands, die Vergütung der Führungskräfte, die Abschlussprüfer und die interne Aufsicht sowie die Rechte der Minderheitsanteilinhaber.
Die Vermögensallokation gibt den jeweiligen Anteil der Investitionen in bestimmte Vermögenswerte an.
Taxonomiekonforme Tätigkeiten, ausgedrückt durch den Anteil der:
- Umsatzerlöse, die den Anteil der Einnahmen aus umweltfreundlichenAktivitäten der Unternehmen, in die investiert wird, widerspiegeln
- Investitionsausgaben (CapEx), die die umweltfreundlichen Investitionen der Unternehmen, in die investiert wird, aufzeigen,z.B. für den Übergang zu einer grünen Wirtschaft- Betriebsausgaben (OpEx), die die umweltfreundlichenbetrieblichen Aktivitäten der Unternehmen, in die investiert wird, widerspiegeln(#1 Ausgerichtet an E/S-Eigenschaften) Der Teilfonds investiert nach Möglichkeit:
- mindestens 50% seines	Vermögens	in	Wertpapiere	von	Emittenten	mit	guten ESG-Eigenschaften,
- mindestens 5% seines Vermögens in nachhaltige (#1A nachhaltig) Anlagen, von denen mindestens 0% ein Umweltziel verfolgen (das an der EU-Taxonomie ausgerichtet ist), mindestens 1% ein Umweltziel haben (das nicht an der EU-Taxonomie ausgerichtet ist) und mindestens 1% ein Sozialziel haben. Die übrigen nachhaltigen Anlagen des Teilfonds können ein Umwelt- oder Sozialziel verfolgen.

Sonstige Umweltziele 1%
(#1B Sonstige E/S-Eigenschaften) Umfasst Wertpapiere von Emittenten mit guten ESG-Eigenschaften, die aber keine nachhaltigen Anlagen sind.
#1A Nachhaltige
Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale
50%
Investitionen 5%
#1B Andere ökologische oder soziale Merkmale
Soziales 1%
#2 Andere Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst Investitionen des Finanzprodukts, die zur Erreichung der beworbenen ökologischen oder sozialen Merkmale getätigt wurden.
#2 Andere Investitionen umfasst die übrigen Investitionen des Finanzprodukts, die weder auf ökologische oder soziale Merkmale ausgerichtet sind noch als nachhaltige Investitionen eingestuft werden.
Die Kategorie #1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst folgende Unterkategorien:
Die Unterkategorie #1A Nachhaltige Investitionen umfasst nachhaltige Investitionen mit ökologischen oder sozialen Zielen.
Die Unterkategorie #1B Andere ökologische oder soziale Merkmale umfasst Investitionen, die auf ökologische oder soziale Merkmale ausgerichtet sind, aber nicht als nachhaltige Investitionen eingestuft werden.
Inwiefern werden durch den Einsatz von Derivaten die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht?
Wenn das einem Derivat zugrunde liegende Wertpapier im Einklang mit dem System für nachhaltiges Investieren von Fidelity gute ESG-Eigenschaften aufweist, darf das Derivat zur Feststellung des Teilfondsanteils berücksichtigt werden, der Umwelt- oder Sozialeigenschaften fördert.
In welchem Mindestmaß sind nachhaltige Investitionen mit einem Umweltziel mit der EU-Taxonomie konform?
Der Teilfonds investiert mindestens 0% in nachhaltige Anlagen mit einem Umweltziel, die mit der EU-Taxonomie konform sind.
Die Konformität der Anlagen des Teilfonds mit der EU-Taxonomie wird nicht durch Wirtschaftsprüfer oder mittels einer Überprüfung durch Dritte sichergestellt.
Die Ausrichtung der zugrunde liegenden Anlagen des Teilfonds an der EU-Taxonomie wird anhand des Umsatzes gemessen.
Investiert das Finanzprodukt in Aktivitäten im Zusammenhang mit fossilem Gas und/oder Kernenergie, die der EU-Taxonomie¹ entsprechen?
- JaNein
- In fossiles Gas	In KernenergieWie hoch ist der Mindestanteil der Investitionen in Übergangstätigkeiten und ermöglichende Tätigkeiten?

Der Teilfonds investiert mindestens 0% in Übergangstätigkeiten und ermöglichende Tätigkeiten.
Wie hoch ist der Mindestanteil nachhaltiger Investitionen mit einem Umweltziel, die nicht mit der EU-Taxonomie konform sind?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Umweltziel, das nicht mit der EU-Taxonomie konform ist.
Die Anlagen können zwar mit der EU-Taxonomie konform sein, aber der Investmentmanager ist derzeit nicht in der Lage, den genauen Anteil der Anlagen des Teilfonds anzugeben, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftstätigkeiten berücksichtigen. Die Position wird jedoch weiterhin überprüft, wenn die zugrunde liegenden Regeln festgelegt sind und im Laufe der Zeit mehr zuverlässige Daten zur Verfügung stehen.
¹ Tätigkeiten im Bereich fossiles Gas und/oder Kernenergie sind nur dann EU-taxonomiekonform, wenn sie zur Eindämmung des Klimawandels („Klimaschutz“) beitragen und kein Ziel der EU-Taxonomie erheblich beeinträchtigen – siehe Erläuterung am linken Rand. Die vollständigen Kriterien für EU-taxonomiekonforme Wirtschaftstätigkeiten im Bereich fossiles Gas und Kernenergie sind in der Delegierten Verordnung (EU) 2022/1214 der Kommission festgelegt.
Wie hoch ist der Mindestanteil der sozial nachhaltigen Investitionen?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Sozialziel.
Welche Investitionen fallen unter ,,#2 Andere Investitionen", welcher Anlagezweck wird mit ihnen verfolgt und gibt es einen ökologischen oder sozialen Mindestschutz?
Die verbleibenden Anlagen des Teilfonds erfolgen in Instrumenten, die zum Finanzziel des Teilfonds passen, und für Liquiditätszwecke in liquiden Mitteln und liquiden Mitteln gleichstehenden Mitteln sowie in Derivaten, die als Anlagen und für eine effiziente Portfolioverwaltung eingesetzt werden können.
Zur Gewährleistung eines Mindestmaßes an Umwelt- und Sozialabsicherungen wendet der Teilfonds die Ausschlusskriterien an.

###### Wurde ein Index als Referenzwert bestimmt, um festzustellen, ob dieses Finanzprodukt auf die beworbenen ökologischen und/oder sozialen Merkmale ausgerichtet ist?
Es wird kein bestimmter Index als Referenzbenchmark angegeben, um festzustellen, ob dieses Finanzprodukt zu den geförderten Umwelt- oder Sozialeigenschaften passt.
Bei den Referenzwerten handelt es sich um Indizes, mit denen gemessen wird, ob das Finanzprodukt die beworbenen ökologischen oder sozialen Merkmale erreicht.
Inwiefern ist der Referenzwert kontinuierlich auf die mit dem Finanzprodukt beworbenen ökologischen und sozialen Merkmale ausgerichtet?
Diese Frage ist hier nicht relevant.
Wie wird die kontinuierliche Ausrichtung der Anlagestrategie auf die Indexmethode sichergestellt?
Diese Frage ist hier nicht relevant.
Wie unterscheidet sich der bestimmte Index von einem relevanten breiten Marktindex?
Diese Frage ist hier nicht relevant.
Wo kann die Methode zur Berechnung des bestimmten Indexes eingesehen werden?
Diese Frage ist hier nicht relevant.

###### 	Wo kann ich im Internet weitere produktspezifische Informationen finden?
Weitere produktspezifische Informationen finden Sie auf der Website: https:/www.fidelity.lu/funds/factsheet/LU0275692696/tab-disclosure#SFDR-disclosure. 
Weitere Informationen zu den hier dargelegten Methoden finden Sie auf der Website: System fürnachhaltiges Investieren (fidelityinternational.com).
Vorvertragliche Informationen zu den in Artikel 9 Absätze 1 bis 4a der Verordnung (EU) 2019/2088 und Artikel 5 Absatz 1 der Verordnung (EU) 2020/852 genannten Finanzprodukten
Name des Produkts:	Unternehmenskennung (LEI- Code):
Fidelity Funds - Sustainable US Equity Fund	549300J1XTC50ZY0Z742
| Werden mit diesem Finanzprodukt nachhaltige Investitionen angestrebt? |
| --- |
|  | Ja |  | - Nein
 |
| Es wird damit ein MindestanteiI an nachhaltigen Investitionen mit einem Umweltziel getätigt: 10% - in Wirtschaftstätigkeiten, die nach derEU-Taxonomie als ökologisch nachhaltig einzustufen sindin Wirtschaftstätigkeiten, die nach der EU-Taxonomie nicht als ökologisch nachhaltig einzustufen sindEs wird damit ein Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel getätigt: 10%
 | - Es werden damit ökologische/soziale Merkmale beworben und obwohl keine nachhaltigenInvestitionen angestrebt werden, enthält es einen Mindestanteil von % an nachhaltigen Investitionen.
- mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie als ökologisch nachhaltig einzustufen sind
- mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie nicht als ökologisch nachhaltig einzustufen sind
- mit einem sozialen Ziel
- Es	werden		damit	ökologische/soziale Merkmale	beworben,		aber	keinenachhaltigen Investitionen getätigt.
 |


###### Welches nachhaltige Investitionsziel wird mit diesem Finanzprodukt angestrebt?
Mit Nachhaltigkeitsindikatore n wird gemessen, inwieweit die nachhaltigen Ziele dieses Finanzprodukts erreicht werden.
Der Teilfonds strebt einen langfristigen Kapitalzuwachs durch Investitionen in nachhaltige Anlagen an.
Der Teilfonds ermittelt wie folgt, ob eine Anlage nachhaltig ist:
- Emittenten, die wirtschaftliche Tätigkeiten ausüben, die zu einem oder mehreren der in der EU-Taxonomie festgelegten Umweltziele beitragen und gemäß der EU-Taxonomie als ökologisch nachhaltig gelten; oder
- Emittenten, bei denen der Großteil ihrer Geschäftstätigkeit (mehr als 50% des Umsatzes) zu Umwelt- oder Sozialzielen beiträgt, die mit einem oder mehreren der Ziele der Vereinten Nationen für nachhaltige Entwicklung („SDG“) in Einklang stehen; oder
- Emittenten, die ein Dekarbonisierungsziel festgelegt haben, das mit einem Temperaturanstiegsszenario mit 1,5 Grad oder weniger vereinbar ist (überprüft durch die Science Based Target Initiative oder ein Fidelity Proprietary Climate Rating), das als Beitrag zu Umweltzielen angesehen wird;sofern sie keinen wesentlichen Schaden anrichten, Mindestabsicherungen bieten und gute Governance-Kriterien aufweisen.

Der Investmentmanager wählt Emittenten auf der Grundlage des Beitrags ihrer wirtschaftlichen Aktivitäten zu Umwelt- oder Sozialzielen aus.
Die Nachhaltigkeitsziele umfassen eine Reihe von Zielen, die von den Vereinten Nationen veröffentlicht wurden und in denen anerkannt wird, dass die Beendigung der Armut und anderer Entbehrungen mit Verbesserungen in den Bereichen Gesundheit und Bildung, Wirtschaftswachstum und dem Abbau von Ungleichheiten einhergehen muss, während gleichzeitig der Klimawandel bekämpft und auf den Schutz der Ozeane und Wälder des Planeten hingearbeitet werden muss. Weitere Informationen finden Sie auf der Website der Vereinten Nationen: https://sdgs.un.org/goals . Zu den umweltorientierten SDGs gehören sauberes Wasser und Abwasserentsorgung, erschwingliche und saubere Energie, verantwortungsvoller Konsum und Produktion sowie der Klimaschutz. Zu den auf soziale Fragen ausgerichteten SDGs gehören die Bekämpfung von Armut, die Ausrottung von Hungersnöten, Wirtschaftswachstum und produktive Beschäftigung, Industrie, Innovation und Infrastruktur sowie die Sicherheit und Nachhaltigkeit von Städten und Gemeinden.
Es wurde keine Benchmark angegeben, um festzustellen, ob das nachhaltige Anlageziel erreicht wird.
Welche Nachhaltigkeitsindikatoren werden zur Messung der Erreichung des nachhaltigen Investitionsziels dieses Finanzprodukts herangezogen?
Der Teilfonds verwendet die folgenden Nachhaltigkeitsindikatoren, um feststellen, ob das von ihm geförderte nachhaltige Anlageziel erreicht wird:
- der Prozentsatz des Teilfonds, der in nachhaltige Anlagen investiert ist;
- der Prozentsatz des Teilfonds, der in nachhaltige Anlagen bei wirtschaftlichen Aktivitäten mit einem Umweltziel investiert ist, das im Sinne der EU-Taxonomie nicht als ökologisch nachhaltig gilt;
- der Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit einem Sozialziel investiert ist; und
- der Prozentsatz des Teilfonds, der in Anlagen bei Wirtschaftsaktivitäten investiert ist, die gemäß den (nachfolgend definierten) Ausschlusskriterien ausgeschlossen werden.

Wie wird erreicht, dass nachhaltige Investitionen nicht zu einer erheblichen Beeinträchtigung des ökologischen oder sozialen nachhaltigen Investitionsziels führen?
Nachhaltige Anlagen werden auf ihre Beteiligung an Aktivitäten überprüft, die erheblichen Schaden und Kontroversen verursachen, und durch eine Kontrolle bewertet, ob der Emittent Mindestabsicherungen und -standards hinsichtlich der wichtigsten nachteiligen Auswirkungen (PAI) sowie für die Leistung bei den PAI-Kennzahlen umsetzt bzw. erfüllt. Dazu gehören:
- Normenbasierte Filterkriterien – das Filtern von Wertpapieren, die gemäß den bestehenden (unten beschriebenen) normenbasierten Filterkriterien von Fidelity ermittelt wurden, anhand von:
- aktivitätsbasierten Filterkriterien – das Filtern von Emittenten auf der Grundlage ihrer Beteiligung an Aktivitäten mit erheblichen negativen Auswirkungen auf die Gesellschaft oder die Umwelt, darunter Emittenten, bei denen aufgrund der Filterkriterien für Kontroversen eine„sehr gravierende“ Kontroverse vorliegt, die im Bereich
- Umwelt,
- Menschenrechte und Gemeinschaften,
- Arbeitnehmerrechte und Lieferkette,
- Kunden,
- Governance angesiedelt ist; und anhand von
	- PAI-Indikatoren.  Quantitative Daten (sofern verfügbar) zu PAI-Indikatoren werden verwendet, um zu bewerten, ob ein Emittent an Aktivitäten beteiligt ist, die einem Umwelt- oder Sozialziel erheblichen Schaden zufügen.


Bei den wichtigsten nachteiligen Auswirkungen handelt es sich um die bedeutendsten nachteiligen Auswirkungen von Investitionsentscheidun- gen auf NachhaItigkeitsfaktoren in den Bereichen Umwelt, Soziales und Beschäftigung, Achtung der Menschenrechte und Bekämpfung von Korruption und Bestechung.
Wie wurden die Indikatoren für nachteilige Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Wie oben beschrieben führt Fidelity eine quantitative Bewertung durch, um Emittenten mit einer problematischen Leistung bei PAI-Indikatoren zu ermitteln. Emittenten mit einer niedrigen Punktzahl kommen nur dann für „nachhaltige Anlagen“ infrage, wenn die Fundamentalresearch von Fidelity feststellt, dass der Emittent nicht gegen die Anforderungen verstößt, „keinen wesentlichen Schaden anrichtet“ oder sich auf einem guten Weg befindet, um die nachteiligen Auswirkungen durch effektives Management oder einen Übergang abzumildern.
Wie stehen die nachhaltigen Investitionen mit den OECD-Leitsätzen für multinationale Unternehmen und den Leitprinzipien der Vereinten Nationen für Wirtschaft und Menschenrechte in Einklang?
Es werden normenbasierte Filterkriterien angewendet: Emittenten, bei denen festgestellt wurde, dass sie sich nicht in einer Weise verhalten, die ihrer grundlegenden Verantwortung in den Bereichen Menschenrechte, Arbeit, Umwelt und Korruptionsbekämpfung im Einklang mit internationalen Normen gerecht wird, darunter denjenigen, die in den OECD-Leitsätzen für multinationale Unternehmen, den Leitprinzipien der Vereinten Nationen für Wirtschaft und Menschenrechte, dem UN Global Compact (UNGC) und den Konventionen der Internationalen Arbeitsorganisation (ILO) festgelegt sind, kommen für nachhaltige Investitionen nicht infrage.

###### Werden bei diesem Finanzprodukt die wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Ja
- NeinDie wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren werden mit Hilfe einer Vielzahl von Instrumenten berücksichtigt und in Anlageentscheidungen einbezogen. Hierzu zählen:
- Due Diligence – Analyse, ob die wichtigsten nachteiligen Auswirkungen (PAI) wesentlich undnegativ sind.
- ESG-Rating – Fidelity bezieht sich auf ESG-Ratings, die wesentliche nachteilige Auswirkungen wie CO2-Emissionen, Mitarbeitersicherheit, Bestechung und Korruption sowie Wassermanagement berücksichtigen, und bei den von Staaten ausgegebenen Wertpapieren berücksichtigen die verwendeten Ratings wichtige nachteilige Auswirkungen (PAI) wie CO2-Emissionen, Sozialverstöße und die Meinungsfreiheit.
- Ausschlusskriterien – Bei Direktanlagen in Unternehmen als Emittenten wendet der Teilfonds die (unten definierten) Ausschlusskriterien an, um die wichtigsten nachteiligen Auswirkungen abzumildern. Dazu schließt er schädliche Sektoren aus und verbietet Investitionen in Emittenten, die gegen internationale Standards wie den UNGC verstoßen.
- Mitwirkung – Fidelity nutzt Mitwirkung als ein Instrument, um die wichtigsten nachteiligen Auswirkungen besser zu verstehen und sich unter bestimmten Umständen für die Abmilderung der wichtigsten nachteiligen Auswirkungen einzusetzen. Fidelity beteiligt sich an relevanten individuellen und kollaborativen Engagements, die auf eine Reihe von wichtigen negativen Auswirkungen abzielen (z. B. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Abstimmungsverhalten	 –	Die	Abstimmungsrichtlinie		von	Fidelity	legt	explizite Mindeststandards	für	die	Geschlechtervielfalt	in	den	Leitungsorganen		und		für	die Berücksichtigung des Klimawandels durch die Unternehmensemittenten fest. Fidelity kann auch auf eine Weise abstimmen, dass die wichtigsten nachteiligen Auswirkungen abgemildert werden.
- Vierteljährliche Überprüfungen – Überwachung der wichtigsten nachteiligen Auswirkungen (PAI) durch den vierteljährlichen Überprüfungsprozess des Teilfonds.

Wenn es um die Frage geht, ob Investitionen eine wesentliche nachteilige Auswirkung haben, berücksichtigt Fidelity für jeden Nachhaltigkeitsfaktor spezifische Indikatoren. Diese Indikatoren hängen von der Datenverfügbarkeit ab und können sich mit zunehmender Datenqualität und
-verfügbarkeit weiterentwickeln.
Informationen über die wichtigsten nachteiligen Auswirkungen werden im Jahresbericht des Teilfonds zur Verfügung gestellt.

###### Welche Anlagestrategie wird mit diesem Finanzprodukt verfolgt?
Die Anlagestrategie dient aIs Richtschnur für Investitionsentscheidun- gen, wobei bestimmte Kriterien wie beispielsweise Investitionsziele oder Risikotoleranz
berücksichtigt werden.
Der Fonds gehört zur Familie der Fidelity Nachhaltigkeitsfonds und verfolgt eine auf Nachhaltigkeit fokussierte Strategie. Der Teilfonds investiert in Unternehmen, die einen Beitrag zu Umwelt- oder Sozialzielen leisten und an mindestens einem SDG orientiert sind, die keinen erheblichen Schaden anrichten und Mindestanforderungen an Absicherung und gute Unternehmensführung erfüllen. Innerhalb dieses Anlageuniversums wählt der Investmentmanager Aktien mit Hilfe rigoroser Bottom-up-Finanzanalysen und -bewertungen aus, Aktien mit einem Potenzial für hohe Anlagerenditen auszuwählen.
- nachhaltige Anlagen; mindestens 80% der Vermögenswerte werden nachhaltig angelegt.
- Keinen wesentlichen Schaden anrichten; der Teilfonds wendet die oben dargelegten Kriterien für „Keinen wesentlichen Schaden anrichten“ auf alle im Fonds gehaltenen Direktanlagen an.

(Iii) Mindestabsicherungen; Der Fonds schließt Direktanlagen in Unternehmen aus, die ihre Geschäfte nicht in Übereinstimmung mit anerkannten internationalen Normen betreiben, darunter die OECD-Leitsätze für multinationale Unternehmen, die Leitprinzipien der Vereinten Nationen für Wirtschaft und Menschenrechte, der UN Global Compact (UNGC) und die Konventionen der Internationalen Arbeitsorganisation (ILO).
- Gute Unternehmensführung; Alle Beteiligungsunternehmen des Teilfonds werden auf Kontroversen überprüft, darunter auf Steuer-, Bestechungs- und Korruptionsvorwürfe.
- Ausschlusskriterien; in Bezug auf seine Direktanlagen gilt für den Teilfonds:
	- eine unternehmensweite Ausschlussliste, die Streumunition und Antipersonenlandminen umfasst; und
	- eine prinzipienbasierte Ausschlussrichtlinie, die Folgendes umfasst:
		- normenbasierte Filterung von Emittenten, die nach Ansicht des Investmentmanagers ihre Geschäfte nicht im Einklang mit internationalen Normen, darunter denen des UNGC, durchgeführt haben; und
		- Negativfilterung bestimmter Sektoren, Emittenten oder Praktiken auf der Grundlage konkreter ESG-Kriterien, bei denen zudem Umsatzschwellen angewendet werden können.



Es liegt im Ermessen des Investmentmanagers, unter Berücksichtigung des jeweiligen Anlageprozesses von Zeit zu Zeit zusätzliche Nachhaltigkeits- und Ausschlusskriterien anzuwenden.
Die oben genannten Ausschluss- und Filterkriterien (die „Ausschlusskriterien“) werden möglicherweise von Zeit zu Zeit aktualisiert. Weitere Informationen erhalten Sie auf der Website Sustainable investing framework (fidelityinternational.com).
Darüber hinaus bewertet der Teilfonds die ESG-Ratings (entweder basierend auf externen Ratings oder den ESG-Ratings von Fidelity) von mindestens 90% des Fondsvermögens und das Anlageuniversum des Teilfonds wird wegen des Ausschlusses von Emittenten aufgrund ihrer ESG-Eigenschaften um mindestens 20% reduziert.
Worin bestehen die verbindlichen Elemente der Anlagestrategie, die für die Auswahl der Investitionen zur Erreichung des nachhaltigen Investitionsziels verwendet werden?
Der Teilfonds investiert mindestens 80% seines Vermögens in nachhaltige Anlagen, von denen mindestens 0% ein Umweltziel verfolgen, das sich an der EU-Taxonomie orientiert, mindestens 10% ein Umweltziel (das sich nicht an der EU-Taxonomie orientiert) und mindestens 10% ein Sozialziel;
letzteres allerdings unter der Voraussetzung, dass besagte Investitionen keines dieser Ziele wesentlich gefährden und dass die Beteiligungsunternehmen die Regeln guter Unternehmensführung einhalten.
Um das Ziel für nachhaltige Anlagen zu erreichen, verpflichtet sich der Teilfonds zur Auswahl von Unternehmen, deren wirtschaftliche Tätigkeit zu einem Umwelt- oder Sozialziel beiträgt, das, wie im Abschnitt zur Anlagestrategie weiter oben beschrieben, mit einem oder mehreren der SDG in Einklang steht.
Darüber hinaus bewertet der Fonds die ESG-Ratings (entweder anhand externer Ratings oder der Fidelity Sustainablilty Ratings) von mindestens 90% des Vermögens des Teilfonds und verkleinert das Anlageuniversum des Teilfonds bei der Auswahl der Anlagen aufgrund des Ausschlusses von Emittenten wegen ihrer ESG-Eigenschaften um mindestens 20%.
Der Teilfonds wird die Ausschlusskriterien, wie oben beschrieben, systematisch anwenden.
Die Verfahrensweisen einer guten
Unternehmensführung umfassen solide Managementstrukturen, die Beziehungen zu den Arbeitnehmern, die Vergütung von Mitarbeitern sowie die Einhaltung der Steuervorschriften.
Wie werden die Verfahrensweisen einer guten Unternehmensführung der Unternehmen, in die investiert wird, bewertet?
Alle Beteiligungsunternehmen werden auf Kontroversen überprüft, darunter auf Steuer-, Bestechungs- und Korruptionsvorwürfe, um dazu beizutragen, die Anforderungen an eine verantwortungsvolle Unternehmensführung für Beteiligungsunternehmen zu erfüllen. In Ergänzung dieser Ausschlusskriterien werden die Governance-Praktiken von Emittenten mittels Fundamental-Research bewertet.
Zu den wichtigsten der analysierten Fragen gehören die Erfolgsbilanz hinsichtlich: Kapitalallokation, finanzieller Transparenz, Transaktionen mit nahestehenden Unternehmen und Personen, Unabhängigkeit und Größe des Vorstands, Vergütung von Führungskräften, Wirtschaftsprüfung und interner Revision, Rechte der Minderheitsaktionäre und anderer Indikatoren.

###### Wie sehen die Vermögensallokation und der Mindestanteil der nachhaltigen Investitionen aus?
Die Vermögensallokation gibt den jeweiligen Anteil der Investitionen in bestimmte Vermögenswerte an.
Taxonomiekonforme Tätigkeiten, ausgedrückt durch den Anteil der:
- Umsatzerlöse, die den Anteil der Einnahmen aus umweltfreundlichenAktivitäten der Unternehmen, in die investiert wird, widerspiegeln
- Investitionsausgaben (CapEx), die die umweltfreundlichen Investitionen der Unternehmen, in die investiert wird, aufzeigen,z.B. für den Übergang zu einer grünen Wirtschaft- Betriebsausgaben (OpEx), die die umweltfreundlichenbetrieblichen Aktivitäten der Unternehmen, in die investiert wird, widerspiegeln(#1 Nachhaltig) Teilfonds wird mindestens 80% seines Vermögens in nachhaltige Anlagen investieren, von denen mindestens 0% ein Umweltziel verfolgen, das an der EU-Taxonomie orientiert ist, mindestens 10% ein Umweltziel (das nicht an der EU-Taxonomie orientiert ist) und mindestens 10% ein Sozialziel. Die übrigen nachhaltigen Anlagen des Teilfonds können ein Umwelt- oder Sozialziel verfolgen.

Wie wird durch den Einsatz von Derivaten das nachhaltige lnvestitionsziel erreicht?
Wenn davon ausgegangen wird, dass das einem Derivat zugrunde liegende Wertpapier zum nachhaltigen Ziel des Fonds beiträgt, darf es eingesetzt werden, um zur Erreichung des Ziels der nachhaltigen Anlage beizutragen.
In welchem Mindestmaß sind nachhaltige Investitionen mit einem Umweltziel mit der EU-Taxonomie konform?
Der Teilfonds investiert mindestens 0% in nachhaltige Anlagen mit einem Umweltziel, die mit der EU-Taxonomie konform sind.
Die Konformität der Anlagen des Teilfonds mit der EU-Taxonomie wird nicht durch Wirtschaftsprüfer oder mittels einer Überprüfung durch Dritte sichergestellt.
Die Ausrichtung der zugrunde liegenden Anlagen des Teilfonds an der EU-Taxonomie wird anhand des Umsatzes gemessen.
Investiert das Finanzprodukt in Aktivitäten im Zusammenhang mit fossilem Gas und/oder Kernenergie, die der EU-Taxonomie¹ entsprechen?
- JaNein
- In fossiles Gas	In Kernenergie¹ Tätigkeiten im Bereich fossiles Gas und/oder Kernenergie sind nur dann EU-taxonomiekonform, wenn sie zur Eindämmung des Klimawandels („Klimaschutz“) beitragen und kein Ziel der EU-Taxonomie erheblich beeinträchtigen – siehe Erläuterung am linken Rand. Die vollständigen Kriterien für EU-taxonomiekonforme Wirtschaftstätigkeiten im Bereich fossiles Gas und Kernenergie sind in der Delegierten Verordnung (EU) 2022/1214 der Kommission festgelegt.

Wie wird durch den Einsatz von Derivaten das nachhaltige lnvestitionsziel erreicht?
Der Teilfonds investiert mindestens 0% in Übergangstätigkeiten und ermöglichende Tätigkeiten.
Wie hoch ist der Mindestanteil nachhaltiger Investitionen mit einem Umweltziel, die nicht mit der EU-Taxonomie konform sind?
Der Teilfonds investiert mindestens 10% in nachhaltige Anlagen mit einem Umweltziel, das nicht mit der EU-Taxonomie konform ist.
Die Anlagen können zwar mit der EU-Taxonomie konform sein, aber der Investmentmanager ist derzeit nicht in der Lage, den genauen Anteil der Anlagen des Teilfonds anzugeben, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftstätigkeiten berücksichtigen. Die Position wird jedoch weiterhin überprüft, wenn die zugrunde liegenden Regeln festgelegt sind und im Laufe der Zeit mehr zuverlässige Daten zur Verfügung stehen.
Wie hoch ist der Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel?
Der Teilfonds investiert mindestens 10% in nachhaltige Anlagen mit einem Sozialziel.
Welche Investitionen fallen unter ,,#2 Nicht nachhaltige Investitionen", welcher
Anlagezweck wird mit ihnen verfolgt und gibt es einen ökologischen oder sozialen Mindestschutz?
Investitionen, die unter „# 2 Nicht nachhaltig“ genannt werden, können erfolgen in: liquide Mittel, Geldmarktinstrumente, Absicherungsgeschäfte und Geschäfte für effiziente Portfolioverwaltung.
Darüber hinaus darf keine der Direktanlagen des Teilfonds eines der Ausschlusskriterien erfüllen und den Umwelt- oder Sozialzielen keinen nennenswerten Schaden zufügen. Die entsprechenden Unternehmen müssen gute Governance-Praktiken einhalten und dürfen die Verwirklichung des Anlageziels „Nachhaltigkeit“ nicht beeinträchtigen.

###### Wurde zur Erreichung des nachhaltigen Investitionsziels ein bestimmter Index als Referenzwert bestimmt?
Es wird kein bestimmter Index als Benchmark angegeben, um festzustellen, ob das nachhaltige Anlageziel erreicht wird.
Bei den Referenzwerten handelt es sich um Indizes, mit denen gemessen wird, ob das nachhaltige Investitionsziel des Finanzprodukts erreicht wird.
Inwiefern werden bei dem Referenzwert Nachhaltigkeitsfaktoren kontinuierlich im Einklang mit dem nachhaltigen Investitionsziel berücksichtigt?
Diese Frage ist hier nicht relevant.
Wie wird die kontinuierliche Ausrichtung der Anlagestrategie auf die Indexmethode sichergestellt?
Diese Frage ist hier nicht relevant.
Wie unterscheidet sich der bestimmte Index von einem relevanten breiten Marktindex?
Diese Frage ist hier nicht relevant.
Wo kann die Methode zur Berechnung des bestimmten Indexes eingesehen werden?
Diese Frage ist hier nicht relevant.

###### 	Wo kann ich im Internet weitere produktspezifische Informationen finden?
Weitere produktspezifische Informationen finden Sie auf der Website: https:/www.fidelity.lu/funds/factsheet/LU0261960354/tab-disclosure#SFDR-disclosure. 
Weitere Informationen zu den hier dargelegten Methoden finden Sie auf der Website: System fürnachhaltiges Investieren (fidelityinternational.com).
Vorvertragliche Informationen zu den in Artikel 8 Absätze 1, 2 und 2a der Verordnung (EU) 2019/2088 und Artikel 6 Absatz 1 der Verordnung (EU) 2020/852 genannten Finanzprodukten
Name des Produkts:	Unternehmenskennung (LEI- Code):
Fidelity Funds - European Dividend Fund	549300QYNIMMR1Q2GY78

###### Ökologische und/oder soziale Merkmale
| Werden mit diesem Finanzprodukt nachhaltige Investitionen angestrebt? |
| --- |
|  | - Ja
 |  | Nein |
| - Es wird damit ein MindestanteiI an nachhaltigen Investitionen mit einem Umweltziel getätigt:%
	- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie als ökologisch nachhaltig einzustufen sind
	- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie nicht als ökologisch nachhaltig einzustufen sind

- Es wird damit ein Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel getätigt:%
 | Es werden damit ökologische/soziale Merkmale beworben und obwohl keine nachhaltigen Investitionen angestrebt werden, enthält es einen Mindestanteil von 25% an nachhaltigen Investitionen. - mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie als ökologisch nachhaltig einzustufen sindmit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie nicht als ökologisch nachhaltig einzustufen sindmit einem sozialen Ziel
- Es	werden		damit	ökologische/soziale Merkmale	beworben,		aber	keinenachhaltigen Investitionen getätigt.
 |

Welche ökologischen und/ oder sozialen Merkmale werden mit diesem Finanzprodukt beworben?
Mit Nachhaltigkeitsin- dikatoren wird gemessen, inwieweit die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht werden.
Der Teilfonds fördert Umwelt- und Sozialeigenschaften, indem er in Wertpapiere von Emittenten mit guten ESG-Eigenschaften investiert. Gute ESG-Eigenschaften werden anhand von ESG-Ratings ermittelt. ESG-Ratings berücksichtigen Umwelteigenschaften wie CO2-Intensität, CO2-Emissionen, Energieeffizienz, Wasser- und Abfallmanagement und Biodiversität sowie Sozialeigenschaften wie Produktsicherheit, Lieferkette, Gesundheit und Sicherheit sowie Menschenrechte.
Der Teilfonds ist in gewissem Maße bestrebt, nachhaltige Anlagen zu tätigen.
Es wird keine Referenzbenchmark festgelegt, um die geförderten Umwelt- und Sozialeigenschaften zu erreichen.
einzelnen ökologischen oder sozialen Merkmale, die durch dieses Finanzprodukt beworben werden, herangezogen?
Der Teilfonds verwendet die folgenden Nachhaltigkeitsindikatoren, um die Ausprägung der von ihm geförderten Umwelt- oder Sozialeigenschaften zu messen:
- der  Prozentsatz des Teilfonds, der in Wertpapieren von Emittenten mit guten ESG-Eigenschaften im Einklang mit dem System für nachhaltiges Investieren von Fidelity investiert ist;
- in Bezug auf seine Direktanlagen in Unternehmen als Emittenten der Prozentsatz des Teilfonds, der in Wertpapiere von Emittenten investiert ist, auf die Ausschlusskriterien (wie unten definiert) zutreffen;
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen investiert ist; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel bei Wirtschaftsaktivitäten investiert ist, die gemäß der EU-Taxonomie nicht als ökologisch nachhaltig gelten; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel investiert ist.

Welches sind die Ziele der nachhaltigen Investitionen, die mit dem
Finanzprodukt teilweise getätigt werden sollen, und wie trägt die nachhaltige Investition zu diesen Zielen bei?
Der Teilfonds ermittelt wie folgt, ob eine Anlage nachhaltig ist:
- Emittenten, die wirtschaftliche Tätigkeiten ausüben, die zu einem oder mehreren der in der EU-Taxonomie festgelegten Umweltziele beitragen und gemäß der EU-Taxonomie als ökologisch nachhaltig gelten; oder
- Emittenten, bei denen der Großteil ihrer Geschäftstätigkeit (mehr als 50% des Umsatzes) zu ökologischen oder sozialen Zielen beiträgt, die mit einem oder mehreren der Ziele der Vereinten Nationen für nachhaltige Entwicklung („SDG“) in Einklang stehen; oder
- Emittenten, die ein Dekarbonisierungsziel festgelegt haben, das mit einem Temperaturanstiegsszenario mit 1,5 Grad oder weniger vereinbar ist (überprüft durch die Science Based Target Initiative oder ein Fidelity Proprietary Climate Rating), das als Beitrag zu Umweltzielen angesehen wird;sofern sie keinen wesentlichen Schaden anrichten, Mindestabsicherungen bieten und gute Governance-Kriterien aufweisen.

teilweise getätigt werden sollen, keinem der ökologischen oder sozialen nachhaltigen Anlageziele erheblich schaden?
Nachhaltige Anlagen werden auf ihre Beteiligung an Aktivitäten überprüft, die erheblichen Schaden und Kontroversen verursachen, und durch eine Kontrolle bewertet, ob der Emittent Mindestabsicherungen und -standards hinsichtlich der wichtigsten nachteiligen Auswirkungen (PAI) sowie die Leistung bei den PAI-Kennzahlen umsetzt bzw. erfüllt. Dazu gehören:
- Normenbasierte Filterkriterien – das Filtern von Wertpapieren, die gemäß den bestehenden (unten beschriebenen) normenbasierten Filterkriterien von Fidelity ermittelt wurden, anhand von:
- aktivitätsbasierten Filterkriterien – das Filtern von Emittenten auf der Grundlage ihrer Beteiligung an Aktivitäten mit erheblichen negativen Auswirkungen auf die Gesellschaft oder die Umwelt, darunter Emittenten, bei denen aufgrund der Filterkriterien für Kontroversen eine„sehr gravierende“ Kontroverse vorliegt, die im Bereich
- Umwelt,
- Menschenrechte und Gemeinschaften,
- Arbeitnehmerrechte und Lieferkette,
- Kunden,
- Governance angesiedelt ist; und anhand von
	- PAI-Indikatoren. Quantitative Daten (sofern verfügbar) zu PAI-Indikatoren werden verwendet, um zu bewerten, ob ein Emittent an Aktivitäten beteiligt ist, die einem Umwelt- oder Sozialziel erheblichen Schaden zufügen.


Bei den wichtigsten nachteiligen Auswirkungen handelt es sich um die bedeutendsten nachteiligen Auswirkungen von Investitionsentscheidun- gen auf NachhaItigkeitsfaktoren in den Bereichen Umwelt, Soziales und Beschäftigung, Achtung der Menschenrechte und Bekämpfung von Korruption und Bestechung.
Wie wurden die Indikatoren für nachteilige Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Für nachhaltige Anlagen, wie oben beschrieben, führt Fidelity eine quantitative Bewertung durch, um Emittenten mit einer problematischen Leistung bei PAI-Indikatoren zu ermitteln. Emittenten mit einer niedrigen Punktzahl kommen nur dann für „nachhaltige Anlagen“ infrage, wenn die Fundamentalresearch von Fidelity feststellt, dass der Emittent nicht gegen die Anforderungen verstößt, „keinen wesentlichen Schaden anrichtet“ oder sich auf einem guten Weg befindet, um die nachteiligen Auswirkungen durch effektives Management oder einen Übergang abzumildern.
Wie stehen die nachhaltigen Investitionen mit den OECD-Leitsätzen für multinationale Unternehmen und den Leitprinzipien der Vereinten Nationen für Wirtschaft und
Menschenrechte in Einklang? Nähere Angaben:
Es werden normenbasierte Filterkriterien angewendet: Emittenten, bei denen festgestellt wurde, dass sie sich nicht in einer Weise verhalten, die ihrer grundlegenden Verantwortung in den Bereichen Menschenrechte, Arbeit, Umwelt und Korruptionsbekämpfung im Einklang mit internationalen Normen gerecht wird, darunter denjenigen, die in den OECD-Leitsätzen für multinationale Unternehmen, den Leitprinzipien der Vereinten Nationen für Wirtschaft und Menschenrechte, dem UN Global Compact (UNGC) und den IAO-Standards der Internationalen Arbeitsorganisation (ILO) festgelegt sind, kommen für nachhaltige Investitionen nicht infrage.
In der EU-Taxonomie ist der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" festgelegt, nach dem taxonomiekonforme Investitionen die Ziele der EU-Taxonomie nicht erheblich beeinträchtigen dürfen, und es sind spezifische EU-Kriterien beigefügt. Der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" findet nur bei denjenigen dem Finanzprodukt zugrunde liegenden Investitionen Anwendung, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten berücksichtigen. Die dem verbleibenden Teil dieses  Finanzprodukts zugrunde  liegenden Investitionen berücksichtigen nicht die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten. Alle anderen nachhaltigen Investitionen dürfen ökologische oder soziale Ziele ebenfalls nicht erheblich beeinträchtigen.

###### Werden bei diesem Finanzprodukt die wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Ja
- NeinDie wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren werden mit Hilfe einer Vielzahl von Instrumenten berücksichtigt und in Anlageentscheidungen einbezogen. Hierzu zählen:
- Due Diligence – Analyse, ob die wichtigsten nachteiligen Auswirkungen (PAI) wesentlich und negativ sind.
- ESG-Rating – Fidelity bezieht sich auf ESG-Ratings, die wesentliche nachteilige Auswirkungen wie CO2-Emissionen, Mitarbeitersicherheit, Bestechung und Korruption sowie Wassermanagement berücksichtigen, und bei den von Staaten ausgegebenen Wertpapieren berücksichtigen die verwendeten Ratings wichtige nachteilige Auswirkungen (PAI) wie CO2-Emissionen, Sozialverstöße und die Meinungsfreiheit.
- Ausschlusskriterien – Bei Direktanlagen in Unternehmen als Emittenten wendet der Teilfonds die (unten definierten) Ausschlusskriterien an, um die wichtigsten nachteiligen Auswirkungen abzumildern. Dazu schließt er schädliche Sektoren aus und verbietet Investitionen in Emittenten, die gegen internationale Standards wie den UNGC verstoßen.
- Mitwirkung – Fidelity nutzt Mitwirkung als ein Instrument, um die wichtigsten nachteiligen Auswirkungen besser zu verstehen und sich unter bestimmten Umständen für die Abmilderung der wichtigsten nachteiligen Auswirkungen einzusetzen. Fidelity beteiligt sich an relevanten individuellen und kollaborativen Arten der Mitwirkung, die auf eine Reihe von wichtigen negativen Auswirkungen abzielen (z. B. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Abstimmungsverhalten – Die Abstimmungspolitik von Fidelity umfasst bei Unternehmen als Emittenten explizite Mindeststandards für die Geschlechtervielfalt im Aufsichtsrat und die Auseinandersetzung mit dem Klimawandel. Fidelity kann auch auf eine Weise abstimmen, dass die wichtigsten nachteiligen Auswirkungen abgemildert werden.
- Vierteljährliche Überprüfungen – Überwachung der wichtigsten nachteiligen Auswirkungen (PAI) durch den vierteljährlichen Überprüfungsprozess des Teilfonds.

Wenn es um die Frage geht, ob Investitionen eine wesentliche nachteilige Auswirkung haben, berücksichtigt Fidelity für jeden Nachhaltigkeitsfaktor spezifische Indikatoren. Diese Indikatoren hängen von der Datenverfügbarkeit ab und können sich mit zunehmender Datenqualität und
-verfügbarkeit weiterentwickeln.
Informationen über die wichtigsten nachteiligen Auswirkungen werden im Jahresbericht des Teilfonds zur Verfügung gestellt.
Die Anlagestrategie dient aIs Richtschnur für Investitionsentscheidun- gen, wobei bestimmte Kriterien wie beispielsweise Investitionsziele oder Risikotoleranz
berücksichtigt werden.
Mindestens 50% des Nettovermögens des Teilfonds werden in Wertpapiere investiert, die gute ESG-Eigenschaften aufweisen.
Ob ESG-Eigenschaften gut sind, wird anhand von ESG-Ratings externer Agenturen und von Fidelity ESG-Ratings ermittelt.
Innerhalb dieses Anlageuniversums wählt der Investmentmanager Aktien mit Hilfe rigoroser Bottom-up-Finanzanalysen und -bewertungen aus, um Aktien mit einem Potenzial für hohe Anlagerenditen auszuwählen.
In Bezug auf seine Direktanlagen in Unternehmensemittenten berücksichtigt der Teilfonds:
- eine unternehmensweite Ausschlussliste, die Streumunition und Antipersonenlandminen umfasst; und
- eine normenbasierte Filterung von Emittenten, die nach Ansicht des Investmentmanagers ihre Geschäfte nicht in Übereinstimmung mit internationalen Normen, darunter den im UNGC festgelegten, durchgeführt haben.

Die oben genannten Ausschluss- und Filterkriterien (die „Ausschlusskriterien“) werden möglicherweise von Zeit zu Zeit aktualisiert. Weitere Informationen erhalten Sie auf der Website Sustainable investing framework (fidelityinternational.com).
Es steht zudem im Ermessen des Investmentmanagers, von Zeit zu Zeit erweiterte, strengere Nachhaltigkeitsanforderungen und Ausschlusskriterien anzuwenden.
Worin bestehen die verbindlichen Elemente der Anlagestrategie, die für die Auswahl der Investitionen zur Erfüllung der beworbenen ökologischen oder sozialen Ziele verwendet werden?
Der Teilfonds investiert:
- mindestens 50% seines Vermögens in Emittenten mit guten ESG-Eigenschaften;
- mindestens 25% in nachhaltige Anlagen, von denen mindestens 0% ein Umweltziel verfolgen, das sich an der EU-Taxonomie orientiert, mindestens 5% ein Umweltziel, das sich nicht an der EU-Taxonomie orientiert, und mindestens 5% ein Sozialziel.

Darüber hinaus wird der Teilfonds die oben beschriebenen Ausschlusskriterien systematisch anwenden.
Um welchen Mindestsatz wird der Umfang der vor der Anwendung dieser Anlagestrategie in Betracht gezogenen Investitionen reduziert?
Diese Frage ist hier nicht relevant.
Die Verfahrensweisen einer guten
Unternehmensführung umfassen solide Managementstrukturen, die Beziehungen zu den Arbeitnehmern, die Vergütung von Mitarbeitern sowie die Einhaltung der Steuervorschriften.
Wie werden die Verfahrensweisen einer guten Unternehmensführung der Unternehmen, in die investiert wird, bewertet?
Die Governance-Praktiken der Emittenten werden anhand von Fundamentalresearch bewertet, die Fidelity ESG-Ratings sowie Daten zu Kontroversen und Verstößen gegen den UN Global Compact berücksichtigt.
Zu den wichtigsten Punkten, die analysiert werden, gehören unter anderem die Erfolgsbilanz der Kapitalallokation, die finanzielle Transparenz, Transaktionen mit nahestehenden Parteien, die Unabhängigkeit und Größe des Vorstands, die Vergütung der Führungskräfte, die Abschlussprüfer und die interne Aufsicht sowie die Rechte der Minderheitsanteilinhaber.
Die Vermögensallokation gibt den jeweiligen Anteil der Investitionen in bestimmte Vermögenswerte an.
Taxonomiekonforme Tätigkeiten, ausgedrückt durch den Anteil der:
- Umsatzerlöse, die den Anteil der Einnahmen aus umweltfreundlichenAktivitäten der Unternehmen, in die investiert wird, widerspiegeln
- Investitionsausgaben (CapEx), die die umweltfreundlichen Investitionen der Unternehmen, in die investiert wird, aufzeigen,z.B. für den Übergang zu einer grünen Wirtschaft- Betriebsausgaben (OpEx), die die umweltfreundlichenbetrieblichen Aktivitäten der Unternehmen, in die investiert wird, widerspiegeln(#1 Ausgerichtet an E/S-Eigenschaften) Der Teilfonds investiert nach Möglichkeit:
- mindestens 50% seines	Vermögens	in	Wertpapiere	von	Emittenten	mit	guten ESG-Eigenschaften,
- mindestens 25% seines Vermögens in nachhaltige (#1A nachhaltig) Anlagen, von denen mindestens 0% ein Umweltziel verfolgen (das an der EU-Taxonomie ausgerichtet ist), mindestens 5% ein Umweltziel haben (das nicht an der EU-Taxonomie ausgerichtet ist) und mindestens 5% ein Sozialziel haben. Die übrigen nachhaltigen Anlagen des Teilfonds können ein Umwelt- oder Sozialziel verfolgen.

Sonstige Umweltziele 5%
(#1B Sonstige E/S-Eigenschaften) Umfasst Wertpapiere von Emittenten mit guten ESG-Eigenschaften, die aber keine nachhaltigen Anlagen sind.
#1A Nachhaltige
Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale
50%
Investitionen 25%
#1B Andere ökologische oder soziale Merkmale
Soziales 5%
#2 Andere Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst Investitionen des Finanzprodukts, die zur Erreichung der beworbenen ökologischen oder sozialen Merkmale getätigt wurden.
#2 Andere Investitionen umfasst die übrigen Investitionen des Finanzprodukts, die weder auf ökologische oder soziale Merkmale ausgerichtet sind noch als nachhaltige Investitionen eingestuft werden.
Die Kategorie #1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst folgende Unterkategorien:
Die Unterkategorie #1A Nachhaltige Investitionen umfasst nachhaltige Investitionen mit ökologischen oder sozialen Zielen.
Die Unterkategorie #1B Andere ökologische oder soziale Merkmale umfasst Investitionen, die auf ökologische oder soziale Merkmale ausgerichtet sind, aber nicht als nachhaltige Investitionen eingestuft werden.
Inwiefern werden durch den Einsatz von Derivaten die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht?
Wenn das einem Derivat zugrunde liegende Wertpapier im Einklang mit dem System für nachhaltiges Investieren von Fidelity gute ESG-Eigenschaften aufweist, darf das Derivat zur Feststellung des Teilfondsanteils berücksichtigt werden, der Umwelt- oder Sozialeigenschaften fördert.
In welchem Mindestmaß sind nachhaltige Investitionen mit einem Umweltziel mit der EU-Taxonomie konform?
Der Teilfonds investiert mindestens 0% in nachhaltige Anlagen mit einem Umweltziel, die mit der EU-Taxonomie konform sind.
Die Konformität der Anlagen des Teilfonds mit der EU-Taxonomie wird nicht durch Wirtschaftsprüfer oder mittels einer Überprüfung durch Dritte sichergestellt.
Die Ausrichtung der zugrunde liegenden Anlagen des Teilfonds an der EU-Taxonomie wird anhand des Umsatzes gemessen.
Investiert das Finanzprodukt in Aktivitäten im Zusammenhang mit fossilem Gas und/oder Kernenergie, die der EU-Taxonomie¹ entsprechen?
- JaNein
- In fossiles Gas	In KernenergieWie hoch ist der Mindestanteil der Investitionen in Übergangstätigkeiten und ermöglichende Tätigkeiten?

Der Teilfonds investiert mindestens 0% in Übergangstätigkeiten und ermöglichende Tätigkeiten.
Wie hoch ist der Mindestanteil nachhaltiger Investitionen mit einem Umweltziel, die nicht mit der EU-Taxonomie konform sind?
Der Teilfonds investiert mindestens 5% in nachhaltige Anlagen mit einem Umweltziel, das nicht mit der EU-Taxonomie konform ist.
Die Anlagen können zwar mit der EU-Taxonomie konform sein, aber der Investmentmanager ist derzeit nicht in der Lage, den genauen Anteil der Anlagen des Teilfonds anzugeben, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftstätigkeiten berücksichtigen. Die Position wird jedoch weiterhin überprüft, wenn die zugrunde liegenden Regeln festgelegt sind und im Laufe der Zeit mehr zuverlässige Daten zur Verfügung stehen.
¹ Tätigkeiten im Bereich fossiles Gas und/oder Kernenergie sind nur dann EU-taxonomiekonform, wenn sie zur Eindämmung des Klimawandels („Klimaschutz“) beitragen und kein Ziel der EU-Taxonomie erheblich beeinträchtigen – siehe Erläuterung am linken Rand. Die vollständigen Kriterien für EU-taxonomiekonforme Wirtschaftstätigkeiten im Bereich fossiles Gas und Kernenergie sind in der Delegierten Verordnung (EU) 2022/1214 der Kommission festgelegt.
Wie hoch ist der Mindestanteil der sozial nachhaltigen Investitionen?
Der Teilfonds investiert mindestens 5% in nachhaltige Anlagen mit einem Sozialziel.
Welche Investitionen fallen unter ,,#2 Andere Investitionen", welcher Anlagezweck wird mit ihnen verfolgt und gibt es einen ökologischen oder sozialen Mindestschutz?
Die verbleibenden Anlagen des Teilfonds erfolgen in Instrumenten, die zum Finanzziel des Teilfonds passen, und für Liquiditätszwecke in liquiden Mitteln und liquiden Mitteln gleichstehenden Mitteln sowie in Derivaten, die als Anlagen und für eine effiziente Portfolioverwaltung eingesetzt werden können.
Zur Gewährleistung eines Mindestmaßes an Umwelt- und Sozialabsicherungen wendet der Teilfonds die Ausschlusskriterien an.

###### Wurde ein Index als Referenzwert bestimmt, um festzustellen, ob dieses Finanzprodukt auf die beworbenen ökologischen und/oder sozialen Merkmale ausgerichtet ist?
Es wird kein bestimmter Index als Referenzbenchmark angegeben, um festzustellen, ob dieses Finanzprodukt zu den geförderten Umwelt- oder Sozialeigenschaften passt.
Bei den Referenzwerten handelt es sich um Indizes, mit denen gemessen wird, ob das Finanzprodukt die beworbenen ökologischen oder sozialen Merkmale erreicht.
Inwiefern ist der Referenzwert kontinuierlich auf die mit dem Finanzprodukt beworbenen ökologischen und sozialen Merkmale ausgerichtet?
Diese Frage ist hier nicht relevant.
Wie wird die kontinuierliche Ausrichtung der Anlagestrategie auf die Indexmethode sichergestellt?
Diese Frage ist hier nicht relevant.
Wie unterscheidet sich der bestimmte Index von einem relevanten breiten Marktindex?
Diese Frage ist hier nicht relevant.
Wo kann die Methode zur Berechnung des bestimmten Indexes eingesehen werden?
Diese Frage ist hier nicht relevant.

###### 	Wo kann ich im Internet weitere produktspezifische Informationen finden?
Weitere produktspezifische Informationen finden Sie auf der Website: https:/www.fidelity.lu/funds/factsheet/LU0353647737/tab-disclosure#SFDR-disclosure. 
Weitere Informationen zu den hier dargelegten Methoden finden Sie auf der Website: System fürnachhaltiges Investieren (fidelityinternational.com).
Vorvertragliche Informationen zu den in Artikel 8 Absätze 1, 2 und 2a der Verordnung (EU) 2019/2088 und Artikel 6 Absatz 1 der Verordnung (EU) 2020/852 genannten Finanzprodukten
Name des Produkts:	Unternehmenskennung (LEI- Code):
Fidelity Funds - European Dynamic Growth Fund	549300YTXDJLTI9R5058

###### Ökologische und/oder soziale Merkmale
| Werden mit diesem Finanzprodukt nachhaltige Investitionen angestrebt? |
| --- |
|  | - Ja
 |  | Nein |
| - Es wird damit ein MindestanteiI an nachhaltigen Investitionen mit einem Umweltziel getätigt:%
	- in Wirtschaftstätigkeiten, die nach derEU-Taxonomie als ökologisch nachhaltig einzustufen sind

- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie nicht als ökologisch nachhaltig einzustufen sind
- Es wird damit ein Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel getätigt:%
 | Es werden damit ökologische/soziale Merkmale beworben und obwohl keine nachhaltigen Investitionen angestrebt werden, enthält es einen Mindestanteil von 20% an nachhaltigen Investitionen. - mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie als ökologisch nachhaltig einzustufen sindmit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie nicht als ökologisch nachhaltig einzustufen sindmit einem sozialen Ziel
- Es	werden		damit	ökologische/soziale Merkmale	beworben,		aber	keinenachhaltigen Investitionen getätigt.
 |

Welche ökologischen und/ oder sozialen Merkmale werden mit diesem Finanzprodukt beworben?
Mit Nachhaltigkeitsin- dikatoren wird gemessen, inwieweit die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht werden.
Der Teilfonds fördert Umwelt- und Sozialeigenschaften, indem er in Wertpapiere von Emittenten mit guten ESG-Eigenschaften investiert. Gute ESG-Eigenschaften werden anhand von ESG-Ratings ermittelt. ESG-Ratings berücksichtigen Umwelteigenschaften wie CO2-Intensität, CO2-Emissionen, Energieeffizienz, Wasser- und Abfallmanagement und Biodiversität sowie Sozialeigenschaften wie Produktsicherheit, Lieferkette, Gesundheit und Sicherheit sowie Menschenrechte.
Der Teilfonds ist in gewissem Maße bestrebt, nachhaltige Anlagen zu tätigen.
Es wird keine Referenzbenchmark festgelegt, um die geförderten Umwelt- und Sozialeigenschaften zu erreichen.
einzelnen ökologischen oder sozialen Merkmale, die durch dieses Finanzprodukt beworben werden, herangezogen?
Der Teilfonds verwendet die folgenden Nachhaltigkeitsindikatoren, um die Ausprägung der von ihm geförderten Umwelt- oder Sozialeigenschaften zu messen:
- der  Prozentsatz des Teilfonds, der in Wertpapieren von Emittenten mit guten ESG-Eigenschaften im Einklang mit dem System für nachhaltiges Investieren von Fidelity investiert ist;
- in Bezug auf seine Direktanlagen in Unternehmen als Emittenten der Prozentsatz des Teilfonds, der in Wertpapiere von Emittenten investiert ist, auf die Ausschlusskriterien (wie unten definiert) zutreffen;
- der Prozentsatz des Teilfonds, der in nachhaltige Anlagen investiert ist; und
- der Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Umweltziel bei Wirtschaftsaktivitäten investiert ist, die gemäß der EU-Taxonomie nicht als ökologisch nachhaltig gelten; und
- der Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel investiert ist.

Welches sind die Ziele der nachhaltigen Investitionen, die mit dem
Finanzprodukt teilweise getätigt werden sollen, und wie trägt die nachhaltige Investition zu diesen Zielen bei?
Der Teilfonds ermittelt wie folgt, ob eine Anlage nachhaltig ist:
- Emittenten, die wirtschaftliche Tätigkeiten ausüben, die zu einem oder mehreren der in der EU-Taxonomie festgelegten Umweltziele beitragen und gemäß der EU-Taxonomie als ökologisch nachhaltig gelten; oder
- Emittenten, bei denen der Großteil ihrer Geschäftstätigkeit (mehr als 50% des Umsatzes) zu ökologischen oder sozialen Zielen beiträgt, die mit einem oder mehreren der Ziele der Vereinten Nationen für nachhaltige Entwicklung („SDG“) in Einklang stehen; oder
- Emittenten, die ein Dekarbonisierungsziel festgelegt haben, das mit einem Temperaturanstiegsszenario mit 1,5 Grad oder weniger vereinbar ist (überprüft durch die Science Based Target Initiative oder ein Fidelity Proprietary Climate Rating), das als Beitrag zu Umweltzielen angesehen wird;sofern sie keinen wesentlichen Schaden anrichten, Mindestabsicherungen bieten und gute Governance-Kriterien aufweisen.

teilweise getätigt werden sollen, keinem der ökologischen oder sozialen nachhaltigen Anlageziele erheblich schaden?
Nachhaltige Anlagen werden auf ihre Beteiligung an Aktivitäten überprüft, die erheblichen Schaden und Kontroversen verursachen, und durch eine Kontrolle bewertet, ob der Emittent Mindestabsicherungen und -standards hinsichtlich der wichtigsten nachteiligen Auswirkungen (PAI) sowie die Leistung bei den PAI-Kennzahlen umsetzt bzw. erfüllt. Dazu gehören:
- Normenbasierte Filterkriterien – das Filtern von Wertpapieren, die gemäß den bestehenden (unten beschriebenen) normenbasierten Filterkriterien von Fidelity ermittelt wurden, anhand von:
- aktivitätsbasierten Filterkriterien – das Filtern von Emittenten auf der Grundlage ihrer Beteiligung an Aktivitäten mit erheblichen negativen Auswirkungen auf die Gesellschaft oder die Umwelt, darunter Emittenten, bei denen aufgrund der Filterkriterien für Kontroversen eine„sehr gravierende“ Kontroverse vorliegt, die im Bereich
- Umwelt,
- Menschenrechte und Gemeinschaften,
- Arbeitnehmerrechte und Lieferkette,
- Kunden,
- Governance angesiedelt ist; und anhand von
	- PAI-Indikatoren. Quantitative Daten (sofern verfügbar) zu PAI-Indikatoren werden verwendet, um zu bewerten, ob ein Emittent an Aktivitäten beteiligt ist, die einem Umwelt- oder Sozialziel erheblichen Schaden zufügen.


Bei den wichtigsten nachteiligen Auswirkungen handelt es sich um die bedeutendsten nachteiligen Auswirkungen von Investitionsentscheidun- gen auf NachhaItigkeitsfaktoren in den Bereichen Umwelt, Soziales und Beschäftigung, Achtung der Menschenrechte und Bekämpfung von Korruption und Bestechung.
Wie wurden die Indikatoren für nachteilige Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Für nachhaltige Anlagen, wie oben beschrieben, führt Fidelity eine quantitative Bewertung durch, um Emittenten mit einer problematischen Leistung bei PAI-Indikatoren zu ermitteln. Emittenten mit einer niedrigen Punktzahl kommen nur dann für „nachhaltige Anlagen“ infrage, wenn die Fundamentalresearch von Fidelity feststellt, dass der Emittent nicht gegen die Anforderungen verstößt, „keinen wesentlichen Schaden anrichtet“ oder sich auf einem guten Weg befindet, um die nachteiligen Auswirkungen durch effektives Management oder einen Übergang abzumildern.
Wie stehen die nachhaltigen Investitionen mit den OECD-Leitsätzen für multinationale Unternehmen und den Leitprinzipien der Vereinten Nationen für Wirtschaft und
Menschenrechte in Einklang? Nähere Angaben:
Es werden normenbasierte Filterkriterien angewendet: Emittenten, bei denen festgestellt wurde, dass sie sich nicht in einer Weise verhalten, die ihrer grundlegenden Verantwortung in den Bereichen Menschenrechte, Arbeit, Umwelt und Korruptionsbekämpfung im Einklang mit internationalen Normen gerecht wird, darunter denjenigen, die in den OECD-Leitsätzen für multinationale Unternehmen, den Leitprinzipien der Vereinten Nationen für Wirtschaft und Menschenrechte, dem UN Global Compact (UNGC) und den IAO-Standards der Internationalen Arbeitsorganisation (ILO) festgelegt sind, kommen für nachhaltige Investitionen nicht infrage.
In der EU-Taxonomie ist der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" festgelegt, nach dem taxonomiekonforme Investitionen die Ziele der EU-Taxonomie nicht erheblich beeinträchtigen dürfen, und es sind spezifische EU-Kriterien beigefügt. Der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" findet nur bei denjenigen dem Finanzprodukt zugrunde liegenden Investitionen Anwendung, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten berücksichtigen. Die dem verbleibenden Teil dieses  Finanzprodukts zugrunde  liegenden Investitionen berücksichtigen nicht die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten. Alle anderen nachhaltigen Investitionen dürfen ökologische oder soziale Ziele ebenfalls nicht erheblich beeinträchtigen.

###### Werden bei diesem Finanzprodukt die wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Ja
- NeinDie wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren werden mit Hilfe einer Vielzahl von Instrumenten berücksichtigt und in Anlageentscheidungen einbezogen. Hierzu zählen:
- Due Diligence – Analyse, ob die wichtigsten nachteiligen Auswirkungen (PAI) wesentlich und negativ sind.
- ESG-Rating – Fidelity bezieht sich auf ESG-Ratings, die wesentliche nachteilige Auswirkungen wie CO2-Emissionen, Mitarbeitersicherheit, Bestechung und Korruption sowie Wassermanagement berücksichtigen, und bei den von Staaten ausgegebenen Wertpapieren berücksichtigen die verwendeten Ratings wichtige nachteilige Auswirkungen (PAI) wie CO2-Emissionen, Sozialverstöße und die Meinungsfreiheit.
- Ausschlusskriterien – Bei Direktanlagen in Unternehmen als Emittenten wendet der Teilfonds die (unten definierten) Ausschlusskriterien an, um die wichtigsten nachteiligen Auswirkungen abzumildern. Dazu schließt er schädliche Sektoren aus und verbietet Investitionen in Emittenten, die gegen internationale Standards wie den UNGC verstoßen.
- Mitwirkung – Fidelity nutzt Mitwirkung als ein Instrument, um die wichtigsten nachteiligen Auswirkungen besser zu verstehen und sich unter bestimmten Umständen für die Abmilderung der wichtigsten nachteiligen Auswirkungen einzusetzen. Fidelity beteiligt sich an relevanten individuellen und kollaborativen Arten der Mitwirkung, die auf eine Reihe von wichtigen negativen Auswirkungen abzielen (z. B. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Abstimmungsverhalten – Die Abstimmungspolitik von Fidelity umfasst bei Unternehmen als Emittenten explizite Mindeststandards für die Geschlechtervielfalt im Aufsichtsrat und die Auseinandersetzung mit dem Klimawandel. Fidelity kann auch auf eine Weise abstimmen, dass die wichtigsten nachteiligen Auswirkungen abgemildert werden.
- Vierteljährliche Überprüfungen – Überwachung der wichtigsten nachteiligen Auswirkungen (PAI) durch den vierteljährlichen Überprüfungsprozess des Teilfonds.

Wenn es um die Frage geht, ob Investitionen eine wesentliche nachteilige Auswirkung haben, berücksichtigt Fidelity für jeden Nachhaltigkeitsfaktor spezifische Indikatoren. Diese Indikatoren hängen von der Datenverfügbarkeit ab und können sich mit zunehmender Datenqualität und
-verfügbarkeit weiterentwickeln.
Informationen über die wichtigsten nachteiligen Auswirkungen werden im Jahresbericht des Teilfonds zur Verfügung gestellt.
Die Anlagestrategie dient aIs Richtschnur für Investitionsentscheidun- gen, wobei bestimmte Kriterien wie beispielsweise Investitionsziele oder Risikotoleranz
berücksichtigt werden.
Mindestens 50% des Nettovermögens des Teilfonds werden in Wertpapiere investiert, die gute ESG-Eigenschaften aufweisen.
Ob ESG-Eigenschaften gut sind, wird anhand von ESG-Ratings externer Agenturen und von Fidelity ESG-Ratings ermittelt.
Innerhalb dieses Anlageuniversums wählt der Investmentmanager Aktien mit Hilfe rigoroser Bottom-up-Finanzanalysen und -bewertungen aus, um Aktien mit einem Potenzial für hohe Anlagerenditen auszuwählen.
In Bezug auf seine Direktanlagen in Unternehmensemittenten berücksichtigt der Teilfonds:
- eine unternehmensweite Ausschlussliste, die Streumunition und Antipersonenlandminen umfasst; und
- eine normenbasierte Filterung von Emittenten, die nach Ansicht des Investmentmanagers ihre Geschäfte nicht in Übereinstimmung mit internationalen Normen, darunter den im UNGC festgelegten, durchgeführt haben.

Die oben genannten Ausschluss- und Filterkriterien (die „Ausschlusskriterien“) werden möglicherweise von Zeit zu Zeit aktualisiert. Weitere Informationen erhalten Sie auf der Website Sustainable investing framework (fidelityinternational.com).
Es steht zudem im Ermessen des Investmentmanagers, von Zeit zu Zeit erweiterte, strengere Nachhaltigkeitsanforderungen und Ausschlusskriterien anzuwenden.
Worin bestehen die verbindlichen Elemente der Anlagestrategie, die für die Auswahl der Investitionen zur Erfüllung der beworbenen ökologischen oder sozialen Ziele verwendet werden?
Der Teilfonds investiert:
- mindestens  50%  seines  Vermögens in Wertpapiere von Emittenten mit guten ESG-Eigenschaften,
- mindestens 20% in nachhaltige Anlagen, von denen mindestens 0% ein Umweltziel aufweisen, das sich an der EU-Taxonomie orientiert, mindestens 5% ein Umweltziel, das sich nicht an der EU-Taxonomie orientiert, und mindestens 5% ein Sozialziel verfolgen.

Darüber hinaus wird der Teilfonds die oben beschriebenen Ausschlusskriterien systematisch anwenden.
Um welchen Mindestsatz wird der Umfang der vor der Anwendung dieser Anlagestrategie in Betracht gezogenen Investitionen reduziert?
Diese Frage ist hier nicht relevant.
Die Verfahrensweisen einer guten
Unternehmensführung umfassen solide Managementstrukturen, die Beziehungen zu den Arbeitnehmern, die Vergütung von Mitarbeitern sowie die Einhaltung der Steuervorschriften.
Wie werden die Verfahrensweisen einer guten Unternehmensführung der Unternehmen, in die investiert wird, bewertet?
Die Governance-Praktiken der Emittenten werden anhand von Fundamentalresearch bewertet, die Fidelity ESG-Ratings sowie Daten zu Kontroversen und Verstößen gegen den UN Global Compact berücksichtigt.
Zu den wichtigsten Punkten, die analysiert werden, gehören unter anderem die Erfolgsbilanz der Kapitalallokation, die finanzielle Transparenz, Transaktionen mit nahestehenden Parteien, die Unabhängigkeit und Größe des Vorstands, die Vergütung der Führungskräfte, die Abschlussprüfer und die interne Aufsicht sowie die Rechte der Minderheitsanteilinhaber.
Die Vermögensallokation gibt den jeweiligen Anteil der Investitionen in bestimmte Vermögenswerte an.
Taxonomiekonforme Tätigkeiten, ausgedrückt durch den Anteil der:
- Umsatzerlöse, die den Anteil der Einnahmen aus umweltfreundlichenAktivitäten der Unternehmen, in die investiert wird, widerspiegeln
- Investitionsausgaben (CapEx), die die umweltfreundlichen Investitionen der Unternehmen, in die investiert wird, aufzeigen,z.B. für den Übergang zu einer grünen Wirtschaft- Betriebsausgaben (OpEx), die die umweltfreundlichenbetrieblichen Aktivitäten der Unternehmen, in die investiert wird, widerspiegeln(#1 Ausgerichtet an E/S-Eigenschaften) Der Teilfonds investiert nach Möglichkeit:
- mindestens 50% seines	Vermögens	in	Wertpapiere	von	Emittenten	mit	guten ESG-Eigenschaften,
- mindestens 20% seines Vermögens in nachhaltige (#1A nachhaltig) Anlagen, von denen mindestens 0% ein Umweltziel verfolgen (das an der EU-Taxonomie ausgerichtet ist), mindestens 5% ein Umweltziel haben (das nicht an der EU-Taxonomie ausgerichtet ist) und mindestens 5% ein Sozialziel haben. Die übrigen nachhaltigen Anlagen des Teilfonds können ein Umwelt- oder Sozialziel verfolgen.

Sonstige Umweltziele 5%
(#1B Sonstige E/S-Eigenschaften) Umfasst Wertpapiere von Emittenten mit guten ESG-Eigenschaften, die aber keine nachhaltigen Anlagen sind.
#1A Nachhaltige
Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale
50%
Investitionen 20%
#1B Andere ökologische oder soziale Merkmale
Soziales 5%
#2 Andere Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst Investitionen des Finanzprodukts, die zur Erreichung der beworbenen ökologischen oder sozialen Merkmale getätigt wurden.
#2 Andere Investitionen umfasst die übrigen Investitionen des Finanzprodukts, die weder auf ökologische oder soziale Merkmale ausgerichtet sind noch als nachhaltige Investitionen eingestuft werden.
Die Kategorie #1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst folgende Unterkategorien:
Die Unterkategorie #1A Nachhaltige Investitionen umfasst nachhaltige Investitionen mit ökologischen oder sozialen Zielen.
Die Unterkategorie #1B Andere ökologische oder soziale Merkmale umfasst Investitionen, die auf ökologische oder soziale Merkmale ausgerichtet sind, aber nicht als nachhaltige Investitionen eingestuft werden.
Inwiefern werden durch den Einsatz von Derivaten die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht?
Wenn das einem Derivat zugrunde liegende Wertpapier im Einklang mit dem System für nachhaltiges Investieren von Fidelity gute ESG-Eigenschaften aufweist, darf das Derivat zur Feststellung des Teilfondsanteils berücksichtigt werden, der Umwelt- oder Sozialeigenschaften fördert.
In welchem Mindestmaß sind nachhaltige Investitionen mit einem Umweltziel mit der EU-Taxonomie konform?
Der Teilfonds investiert mindestens 0% in nachhaltige Anlagen mit einem Umweltziel, die mit der EU-Taxonomie konform sind.
Die Konformität der Anlagen des Teilfonds mit der EU-Taxonomie wird nicht durch Wirtschaftsprüfer oder mittels einer Überprüfung durch Dritte sichergestellt.
Die Ausrichtung der zugrunde liegenden Anlagen des Teilfonds an der EU-Taxonomie wird anhand des Umsatzes gemessen.
Investiert das Finanzprodukt in Aktivitäten im Zusammenhang mit fossilem Gas und/oder Kernenergie, die der EU-Taxonomie¹ entsprechen?
- JaNein
- In fossiles Gas	In KernenergieWie hoch ist der Mindestanteil der Investitionen in Übergangstätigkeiten und ermöglichende Tätigkeiten?

Der Teilfonds investiert mindestens 0% in Übergangstätigkeiten und ermöglichende Tätigkeiten.
Wie hoch ist der Mindestanteil nachhaltiger Investitionen mit einem Umweltziel, die nicht mit der EU-Taxonomie konform sind?
Der Teilfonds investiert mindestens 5% in nachhaltige Anlagen mit einem Umweltziel, das nicht mit der EU-Taxonomie konform ist.
Die Anlagen können zwar mit der EU-Taxonomie konform sein, aber der Investmentmanager ist derzeit nicht in der Lage, den genauen Anteil der Anlagen des Teilfonds anzugeben, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftstätigkeiten berücksichtigen. Die Position wird jedoch weiterhin überprüft, wenn die zugrunde liegenden Regeln festgelegt sind und im Laufe der Zeit mehr zuverlässige Daten zur Verfügung stehen.
¹ Tätigkeiten im Bereich fossiles Gas und/oder Kernenergie sind nur dann EU-taxonomiekonform, wenn sie zur Eindämmung des Klimawandels („Klimaschutz“) beitragen und kein Ziel der EU-Taxonomie erheblich beeinträchtigen – siehe Erläuterung am linken Rand. Die vollständigen Kriterien für EU-taxonomiekonforme Wirtschaftstätigkeiten im Bereich fossiles Gas und Kernenergie sind in der Delegierten Verordnung (EU) 2022/1214 der Kommission festgelegt.
Wie hoch ist der Mindestanteil der sozial nachhaltigen Investitionen?
Der Teilfonds investiert mindestens 5% in nachhaltige Anlagen mit einem Sozialziel.
Welche Investitionen fallen unter ,,#2 Andere Investitionen", welcher Anlagezweck wird mit ihnen verfolgt und gibt es einen ökologischen oder sozialen Mindestschutz?
Die verbleibenden Anlagen des Teilfonds erfolgen in Instrumenten, die zum Finanzziel des Teilfonds passen, und für Liquiditätszwecke in liquiden Mitteln und liquiden Mitteln gleichstehenden Mitteln sowie in Derivaten, die als Anlagen und für eine effiziente Portfolioverwaltung eingesetzt werden können.
Zur Gewährleistung eines Mindestmaßes an Umwelt- und Sozialabsicherungen wendet der Teilfonds die Ausschlusskriterien an.

###### Wurde ein Index als Referenzwert bestimmt, um festzustellen, ob dieses Finanzprodukt auf die beworbenen ökologischen und/oder sozialen Merkmale ausgerichtet ist?
Es wird kein bestimmter Index als Referenzbenchmark angegeben, um festzustellen, ob dieses Finanzprodukt zu den geförderten Umwelt- oder Sozialeigenschaften passt.
Bei den Referenzwerten handelt es sich um Indizes, mit denen gemessen wird, ob das Finanzprodukt die beworbenen ökologischen oder sozialen Merkmale erreicht.
Inwiefern ist der Referenzwert kontinuierlich auf die mit dem Finanzprodukt beworbenen ökologischen und sozialen Merkmale ausgerichtet?
Diese Frage ist hier nicht relevant.
Wie wird die kontinuierliche Ausrichtung der Anlagestrategie auf die Indexmethode sichergestellt?
Diese Frage ist hier nicht relevant.
Wie unterscheidet sich der bestimmte Index von einem relevanten breiten Marktindex?
Diese Frage ist hier nicht relevant.
Wo kann die Methode zur Berechnung des bestimmten Indexes eingesehen werden?
Diese Frage ist hier nicht relevant.

###### 	Wo kann ich im Internet weitere produktspezifische Informationen finden?
Weitere produktspezifische Informationen finden Sie auf der Website: https:/www.fidelity.lu/funds/factsheet/LU0261959422/tab-disclosure#SFDR-disclosure. 
Weitere Informationen zu den hier dargelegten Methoden finden Sie auf der Website: System fürnachhaltiges Investieren (fidelityinternational.com).
Vorvertragliche Informationen zu den in Artikel 8 Absätze 1, 2 und 2a der Verordnung (EU) 2019/2088 und Artikel 6 Absatz 1 der Verordnung (EU) 2020/852 genannten Finanzprodukten
Name des Produkts:	Unternehmenskennung (LEI- Code):
Fidelity Funds - European Growth Fund	549300G4OINSKM9K3661

###### Ökologische und/oder soziale Merkmale
| Werden mit diesem Finanzprodukt nachhaltige Investitionen angestrebt? |
| --- |
|  | - Ja
 |  | Nein |
| - Es wird damit ein MindestanteiI an nachhaltigen Investitionen mit einem Umweltziel getätigt:%
	- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie als ökologisch nachhaltig einzustufen sind
	- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie nicht als ökologisch nachhaltig einzustufen sind

- Es wird damit ein Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel getätigt:%
 | Es werden damit ökologische/soziale Merkmale beworben und obwohl keine nachhaltigen Investitionen angestrebt werden, enthält es einen Mindestanteil von 20% an nachhaltigen Investitionen. - mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie als ökologisch nachhaltig einzustufen sindmit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie nicht als ökologisch nachhaltig einzustufen sindmit einem sozialen Ziel
- Es	werden		damit	ökologische/soziale Merkmale	beworben,		aber	keinenachhaltigen Investitionen getätigt.
 |

Welche ökologischen und/ oder sozialen Merkmale werden mit diesem Finanzprodukt beworben?
Mit Nachhaltigkeitsin- dikatoren wird gemessen, inwieweit die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht werden.
Der Teilfonds fördert Umwelt- und Sozialeigenschaften, indem er in Wertpapiere von Emittenten mit guten ESG-Eigenschaften investiert. Gute ESG-Eigenschaften werden anhand von ESG-Ratings ermittelt. ESG-Ratings berücksichtigen Umwelteigenschaften wie CO2-Intensität, CO2-Emissionen, Energieeffizienz, Wasser- und Abfallmanagement und Biodiversität sowie Sozialeigenschaften wie Produktsicherheit, Lieferkette, Gesundheit und Sicherheit sowie Menschenrechte.
Der Teilfonds ist in gewissem Maße bestrebt, nachhaltige Anlagen zu tätigen.
Es wird keine Referenzbenchmark festgelegt, um die geförderten Umwelt- und Sozialeigenschaften zu erreichen.
einzelnen ökologischen oder sozialen Merkmale, die durch dieses Finanzprodukt beworben werden, herangezogen?
Der Teilfonds verwendet die folgenden Nachhaltigkeitsindikatoren, um die Ausprägung der von ihm geförderten Umwelt- oder Sozialeigenschaften zu messen:
- der  Prozentsatz des Teilfonds, der in Wertpapieren von Emittenten mit guten ESG-Eigenschaften im Einklang mit dem System für nachhaltiges Investieren von Fidelity investiert ist;
- in Bezug auf seine Direktanlagen in Unternehmen als Emittenten der Prozentsatz des Teilfonds, der in Wertpapiere von Emittenten investiert ist, auf die Ausschlusskriterien (wie unten definiert) zutreffen;
- der Prozentsatz des Teilfonds, der in nachhaltige Anlagen investiert ist; und
- der Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Umweltziel bei Wirtschaftsaktivitäten investiert ist, die gemäß der EU-Taxonomie nicht als ökologisch nachhaltig gelten; und
- der Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel investiert ist.

Welches sind die Ziele der nachhaltigen Investitionen, die mit dem
Finanzprodukt teilweise getätigt werden sollen, und wie trägt die nachhaltige Investition zu diesen Zielen bei?
Der Teilfonds ermittelt wie folgt, ob eine Anlage nachhaltig ist:
- Emittenten, die wirtschaftliche Tätigkeiten ausüben, die zu einem oder mehreren der in der EU-Taxonomie festgelegten Umweltziele beitragen und gemäß der EU-Taxonomie als ökologisch nachhaltig gelten; oder
- Emittenten, bei denen der Großteil ihrer Geschäftstätigkeit (mehr als 50% des Umsatzes) zu ökologischen oder sozialen Zielen beiträgt, die mit einem oder mehreren der Ziele der Vereinten Nationen für nachhaltige Entwicklung („SDG“) in Einklang stehen; oder
- Emittenten, die ein Dekarbonisierungsziel festgelegt haben, das mit einem Temperaturanstiegsszenario mit 1,5 Grad oder weniger vereinbar ist (überprüft durch die Science Based Target Initiative oder ein Fidelity Proprietary Climate Rating), das als Beitrag zu Umweltzielen angesehen wird;sofern sie keinen wesentlichen Schaden anrichten, Mindestabsicherungen bieten und gute Governance-Kriterien aufweisen.

teilweise getätigt werden sollen, keinem der ökologischen oder sozialen nachhaltigen Anlageziele erheblich schaden?
Nachhaltige Anlagen werden auf ihre Beteiligung an Aktivitäten überprüft, die erheblichen Schaden und Kontroversen verursachen, und durch eine Kontrolle bewertet, ob der Emittent Mindestabsicherungen und -standards hinsichtlich der wichtigsten nachteiligen Auswirkungen (PAI) sowie die Leistung bei den PAI-Kennzahlen umsetzt bzw. erfüllt. Dazu gehören:
- Normenbasierte Filterkriterien – das Filtern von Wertpapieren, die gemäß den bestehenden (unten beschriebenen) normenbasierten Filterkriterien von Fidelity ermittelt wurden, anhand von:
- aktivitätsbasierten Filterkriterien – das Filtern von Emittenten auf der Grundlage ihrer Beteiligung an Aktivitäten mit erheblichen negativen Auswirkungen auf die Gesellschaft oder die Umwelt, darunter Emittenten, bei denen aufgrund der Filterkriterien für Kontroversen eine„sehr gravierende“ Kontroverse vorliegt, die im Bereich
- Umwelt,
- Menschenrechte und Gemeinschaften,
- Arbeitnehmerrechte und Lieferkette,
- Kunden,
- Governance angesiedelt ist; und anhand von
	- PAI-Indikatoren. Quantitative Daten (sofern verfügbar) zu PAI-Indikatoren werden verwendet, um zu bewerten, ob ein Emittent an Aktivitäten beteiligt ist, die einem Umwelt- oder Sozialziel erheblichen Schaden zufügen.


Bei den wichtigsten nachteiligen Auswirkungen handelt es sich um die bedeutendsten nachteiligen Auswirkungen von Investitionsentscheidun- gen auf NachhaItigkeitsfaktoren in den Bereichen Umwelt, Soziales und Beschäftigung, Achtung der Menschenrechte und Bekämpfung von Korruption und Bestechung.
Wie wurden die Indikatoren für nachteilige Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Für nachhaltige Anlagen, wie oben beschrieben, führt Fidelity eine quantitative Bewertung durch, um Emittenten mit einer problematischen Leistung bei PAI-Indikatoren zu ermitteln. Emittenten mit einer niedrigen Punktzahl kommen nur dann für „nachhaltige Anlagen“ infrage, wenn die Fundamentalresearch von Fidelity feststellt, dass der Emittent nicht gegen die Anforderungen verstößt, „keinen wesentlichen Schaden anrichtet“ oder sich auf einem guten Weg befindet, um die nachteiligen Auswirkungen durch effektives Management oder einen Übergang abzumildern.
Wie stehen die nachhaltigen Investitionen mit den OECD-Leitsätzen für multinationale Unternehmen und den Leitprinzipien der Vereinten Nationen für Wirtschaft und
Menschenrechte in Einklang? Nähere Angaben:
Es werden normenbasierte Filterkriterien angewendet: Emittenten, bei denen festgestellt wurde, dass sie sich nicht in einer Weise verhalten, die ihrer grundlegenden Verantwortung in den Bereichen Menschenrechte, Arbeit, Umwelt und Korruptionsbekämpfung im Einklang mit internationalen Normen gerecht wird, darunter denjenigen, die in den OECD-Leitsätzen für multinationale Unternehmen, den Leitprinzipien der Vereinten Nationen für Wirtschaft und Menschenrechte, dem UN Global Compact (UNGC) und den IAO-Standards der Internationalen Arbeitsorganisation (ILO) festgelegt sind, kommen für nachhaltige Investitionen nicht infrage.
In der EU-Taxonomie ist der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" festgelegt, nach dem taxonomiekonforme Investitionen die Ziele der EU-Taxonomie nicht erheblich beeinträchtigen dürfen, und es sind spezifische EU-Kriterien beigefügt. Der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" findet nur bei denjenigen dem Finanzprodukt zugrunde liegenden Investitionen Anwendung, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten berücksichtigen. Die dem verbleibenden Teil dieses  Finanzprodukts zugrunde  liegenden Investitionen berücksichtigen nicht die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten. Alle anderen nachhaltigen Investitionen dürfen ökologische oder soziale Ziele ebenfalls nicht erheblich beeinträchtigen.

###### Werden bei diesem Finanzprodukt die wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Ja
- NeinDie wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren werden mit Hilfe einer Vielzahl von Instrumenten berücksichtigt und in Anlageentscheidungen einbezogen. Hierzu zählen:
- Due Diligence – Analyse, ob die wichtigsten nachteiligen Auswirkungen (PAI) wesentlich und negativ sind.
- ESG-Rating – Fidelity bezieht sich auf ESG-Ratings, die wesentliche nachteilige Auswirkungen wie CO2-Emissionen, Mitarbeitersicherheit, Bestechung und Korruption sowie Wassermanagement berücksichtigen, und bei den von Staaten ausgegebenen Wertpapieren berücksichtigen die verwendeten Ratings wichtige nachteilige Auswirkungen (PAI) wie CO2-Emissionen, Sozialverstöße und die Meinungsfreiheit.
- Ausschlusskriterien – Bei Direktanlagen in Unternehmen als Emittenten wendet der Teilfonds die (unten definierten) Ausschlusskriterien an, um die wichtigsten nachteiligen Auswirkungen abzumildern. Dazu schließt er schädliche Sektoren aus und verbietet Investitionen in Emittenten, die gegen internationale Standards wie den UNGC verstoßen.
- Mitwirkung – Fidelity nutzt Mitwirkung als ein Instrument, um die wichtigsten nachteiligen Auswirkungen besser zu verstehen und sich unter bestimmten Umständen für die Abmilderung der wichtigsten nachteiligen Auswirkungen einzusetzen. Fidelity beteiligt sich an relevanten individuellen und kollaborativen Arten der Mitwirkung, die auf eine Reihe von wichtigen negativen Auswirkungen abzielen (z. B. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Abstimmungsverhalten – Die Abstimmungspolitik von Fidelity umfasst bei Unternehmen als Emittenten explizite Mindeststandards für die Geschlechtervielfalt im Aufsichtsrat und die Auseinandersetzung mit dem Klimawandel. Fidelity kann auch auf eine Weise abstimmen, dass die wichtigsten nachteiligen Auswirkungen abgemildert werden.
- Vierteljährliche Überprüfungen – Überwachung der wichtigsten nachteiligen Auswirkungen (PAI) durch den vierteljährlichen Überprüfungsprozess des Teilfonds.

Wenn es um die Frage geht, ob Investitionen eine wesentliche nachteilige Auswirkung haben, berücksichtigt Fidelity für jeden Nachhaltigkeitsfaktor spezifische Indikatoren. Diese Indikatoren hängen von der Datenverfügbarkeit ab und können sich mit zunehmender Datenqualität und
-verfügbarkeit weiterentwickeln.
Informationen über die wichtigsten nachteiligen Auswirkungen werden im Jahresbericht des Teilfonds zur Verfügung gestellt.
Die Anlagestrategie dient aIs Richtschnur für Investitionsentscheidun- gen, wobei bestimmte Kriterien wie beispielsweise Investitionsziele oder Risikotoleranz
berücksichtigt werden.
Mindestens 50% des Nettovermögens des Teilfonds werden in Wertpapiere investiert, die gute ESG-Eigenschaften aufweisen.
Ob ESG-Eigenschaften gut sind, wird anhand von ESG-Ratings externer Agenturen und von Fidelity ESG-Ratings ermittelt.
Innerhalb dieses Anlageuniversums wählt der Investmentmanager Aktien mit Hilfe rigoroser Bottom-up-Finanzanalysen und -bewertungen aus, um Aktien mit einem Potenzial für hohe Anlagerenditen auszuwählen.
In Bezug auf seine Direktanlagen in Unternehmensemittenten berücksichtigt der Teilfonds:
- eine unternehmensweite Ausschlussliste, die Streumunition und Antipersonenlandminen umfasst; und
- eine normenbasierte Filterung von Emittenten, die nach Ansicht des Investmentmanagers ihre Geschäfte nicht in Übereinstimmung mit internationalen Normen, darunter den im UNGC festgelegten, durchgeführt haben.

Die oben genannten Ausschluss- und Filterkriterien (die „Ausschlusskriterien“) werden möglicherweise von Zeit zu Zeit aktualisiert. Weitere Informationen erhalten Sie auf der Website Sustainable investing framework (fidelityinternational.com).
Es steht zudem im Ermessen des Investmentmanagers, von Zeit zu Zeit erweiterte, strengere Nachhaltigkeitsanforderungen und Ausschlusskriterien anzuwenden.
Worin bestehen die verbindlichen Elemente der Anlagestrategie, die für die Auswahl der Investitionen zur Erfüllung der beworbenen ökologischen oder sozialen Ziele verwendet werden?
Der Teilfonds investiert:
- mindestens  50%  seines  Vermögens in Wertpapiere von Emittenten mit guten ESG-Eigenschaften,
- mindestens 20% in nachhaltige Anlagen, von denen mindestens 0% ein Umweltziel aufweisen, das sich an der EU-Taxonomie orientiert, mindestens 1% ein Umweltziel, das sich nicht an der EU-Taxonomie orientiert, und mindestens 1% ein Sozialziel verfolgen.

Darüber hinaus wird der Teilfonds die oben beschriebenen Ausschlusskriterien systematisch anwenden.
Um welchen Mindestsatz wird der Umfang der vor der Anwendung dieser Anlagestrategie in Betracht gezogenen Investitionen reduziert?
Diese Frage ist hier nicht relevant.
Die Verfahrensweisen einer guten
Unternehmensführung umfassen solide Managementstrukturen, die Beziehungen zu den Arbeitnehmern, die Vergütung von Mitarbeitern sowie die Einhaltung der Steuervorschriften.
Wie werden die Verfahrensweisen einer guten Unternehmensführung der Unternehmen, in die investiert wird, bewertet?
Die Governance-Praktiken der Emittenten werden anhand von Fundamentalresearch bewertet, die Fidelity ESG-Ratings sowie Daten zu Kontroversen und Verstößen gegen den UN Global Compact berücksichtigt.
Zu den wichtigsten Punkten, die analysiert werden, gehören unter anderem die Erfolgsbilanz der Kapitalallokation, die finanzielle Transparenz, Transaktionen mit nahestehenden Parteien, die Unabhängigkeit und Größe des Vorstands, die Vergütung der Führungskräfte, die Abschlussprüfer und die interne Aufsicht sowie die Rechte der Minderheitsanteilinhaber.
Die Vermögensallokation gibt den jeweiligen Anteil der Investitionen in bestimmte Vermögenswerte an.
Taxonomiekonforme Tätigkeiten, ausgedrückt durch den Anteil der:
- Umsatzerlöse, die den Anteil der Einnahmen aus umweltfreundlichenAktivitäten der Unternehmen, in die investiert wird, widerspiegeln
- Investitionsausgaben (CapEx), die die umweltfreundlichen Investitionen der Unternehmen, in die investiert wird, aufzeigen,z.B. für den Übergang zu einer grünen Wirtschaft- Betriebsausgaben (OpEx), die die umweltfreundlichenbetrieblichen Aktivitäten der Unternehmen, in die investiert wird, widerspiegeln(#1 Ausgerichtet an E/S-Eigenschaften) Der Teilfonds investiert nach Möglichkeit:
- mindestens 50% seines	Vermögens	in	Wertpapiere	von	Emittenten	mit	guten ESG-Eigenschaften,
- mindestens 20% seines Vermögens in nachhaltige (#1A nachhaltig) Anlagen, von denen mindestens 0% ein Umweltziel verfolgen (das an der EU-Taxonomie ausgerichtet ist), mindestens 1% ein Umweltziel haben (das nicht an der EU-Taxonomie ausgerichtet ist) und mindestens 1% ein Sozialziel haben. Die übrigen nachhaltigen Anlagen des Teilfonds können ein Umwelt- oder Sozialziel verfolgen.

Sonstige Umweltziele 1%
(#1B Sonstige E/S-Eigenschaften) Umfasst Wertpapiere von Emittenten mit guten ESG-Eigenschaften, die aber keine nachhaltigen Anlagen sind.
#1A Nachhaltige
Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale
50%
Investitionen 20%
#1B Andere ökologische oder soziale Merkmale
Soziales 1%
#2 Andere Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst Investitionen des Finanzprodukts, die zur Erreichung der beworbenen ökologischen oder sozialen Merkmale getätigt wurden.
#2 Andere Investitionen umfasst die übrigen Investitionen des Finanzprodukts, die weder auf ökologische oder soziale Merkmale ausgerichtet sind noch als nachhaltige Investitionen eingestuft werden.
Die Kategorie #1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst folgende Unterkategorien:
Die Unterkategorie #1A Nachhaltige Investitionen umfasst nachhaltige Investitionen mit ökologischen oder sozialen Zielen.
Die Unterkategorie #1B Andere ökologische oder soziale Merkmale umfasst Investitionen, die auf ökologische oder soziale Merkmale ausgerichtet sind, aber nicht als nachhaltige Investitionen eingestuft werden.
Inwiefern werden durch den Einsatz von Derivaten die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht?
Wenn das einem Derivat zugrunde liegende Wertpapier im Einklang mit dem System für nachhaltiges Investieren von Fidelity gute ESG-Eigenschaften aufweist, darf das Derivat zur Feststellung des Teilfondsanteils berücksichtigt werden, der Umwelt- oder Sozialeigenschaften fördert.
In welchem Mindestmaß sind nachhaltige Investitionen mit einem Umweltziel mit der EU-Taxonomie konform?
Der Teilfonds investiert mindestens 0% in nachhaltige Anlagen mit einem Umweltziel, die mit der EU-Taxonomie konform sind.
Die Konformität der Anlagen des Teilfonds mit der EU-Taxonomie wird nicht durch Wirtschaftsprüfer oder mittels einer Überprüfung durch Dritte sichergestellt.
Die Ausrichtung der zugrunde liegenden Anlagen des Teilfonds an der EU-Taxonomie wird anhand des Umsatzes gemessen.
Investiert das Finanzprodukt in Aktivitäten im Zusammenhang mit fossilem Gas und/oder Kernenergie, die der EU-Taxonomie¹ entsprechen?
- JaNein
- In fossiles Gas	In KernenergieWie hoch ist der Mindestanteil der Investitionen in Übergangstätigkeiten und ermöglichende Tätigkeiten?

Der Teilfonds investiert mindestens 0% in Übergangstätigkeiten und ermöglichende Tätigkeiten.
Wie hoch ist der Mindestanteil nachhaltiger Investitionen mit einem Umweltziel, die nicht mit der EU-Taxonomie konform sind?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Umweltziel, das nicht mit der EU-Taxonomie konform ist.
Die Anlagen können zwar mit der EU-Taxonomie konform sein, aber der Investmentmanager ist derzeit nicht in der Lage, den genauen Anteil der Anlagen des Teilfonds anzugeben, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftstätigkeiten berücksichtigen. Die Position wird jedoch weiterhin überprüft, wenn die zugrunde liegenden Regeln festgelegt sind und im Laufe der Zeit mehr zuverlässige Daten zur Verfügung stehen.
¹ Tätigkeiten im Bereich fossiles Gas und/oder Kernenergie sind nur dann EU-taxonomiekonform, wenn sie zur Eindämmung des Klimawandels („Klimaschutz“) beitragen und kein Ziel der EU-Taxonomie erheblich beeinträchtigen – siehe Erläuterung am linken Rand. Die vollständigen Kriterien für EU-taxonomiekonforme Wirtschaftstätigkeiten im Bereich fossiles Gas und Kernenergie sind in der Delegierten Verordnung (EU) 2022/1214 der Kommission festgelegt.
Wie hoch ist der Mindestanteil der sozial nachhaltigen Investitionen?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Sozialziel.
Welche Investitionen fallen unter ,,#2 Andere Investitionen", welcher Anlagezweck wird mit ihnen verfolgt und gibt es einen ökologischen oder sozialen Mindestschutz?
Die verbleibenden Anlagen des Teilfonds erfolgen in Instrumenten, die zum Finanzziel des Teilfonds passen, und für Liquiditätszwecke in liquiden Mitteln und liquiden Mitteln gleichstehenden Mitteln sowie in Derivaten, die als Anlagen und für eine effiziente Portfolioverwaltung eingesetzt werden können.
Zur Gewährleistung eines Mindestmaßes an Umwelt- und Sozialabsicherungen wendet der Teilfonds die Ausschlusskriterien an.

###### Wurde ein Index als Referenzwert bestimmt, um festzustellen, ob dieses Finanzprodukt auf die beworbenen ökologischen und/oder sozialen Merkmale ausgerichtet ist?
Es wird kein bestimmter Index als Referenzbenchmark angegeben, um festzustellen, ob dieses Finanzprodukt zu den geförderten Umwelt- oder Sozialeigenschaften passt.
Bei den Referenzwerten handelt es sich um Indizes, mit denen gemessen wird, ob das Finanzprodukt die beworbenen ökologischen oder sozialen Merkmale erreicht.
Inwiefern ist der Referenzwert kontinuierlich auf die mit dem Finanzprodukt beworbenen ökologischen und sozialen Merkmale ausgerichtet?
Diese Frage ist hier nicht relevant.
Wie wird die kontinuierliche Ausrichtung der Anlagestrategie auf die Indexmethode sichergestellt?
Diese Frage ist hier nicht relevant.
Wie unterscheidet sich der bestimmte Index von einem relevanten breiten Marktindex?
Diese Frage ist hier nicht relevant.
Wo kann die Methode zur Berechnung des bestimmten Indexes eingesehen werden?
Diese Frage ist hier nicht relevant.

###### 	Wo kann ich im Internet weitere produktspezifische Informationen finden?
Weitere produktspezifische Informationen finden Sie auf der Website: https:/www.fidelity.lu/funds/factsheet/LU0296857971/tab-disclosure#SFDR-disclosure. 
Weitere Informationen zu den hier dargelegten Methoden finden Sie auf der Website: System fürnachhaltiges Investieren (fidelityinternational.com).
Vorvertragliche Informationen zu den in Artikel 8 Absätze 1, 2 und 2a der Verordnung (EU) 2019/2088 und Artikel 6 Absatz 1 der Verordnung (EU) 2020/852 genannten Finanzprodukten
Name des Produkts:	Unternehmenskennung (LEI- Code):
Fidelity Funds - European Larger Companies Fund	5493001IG3HUGK4JRN48

###### Ökologische und/oder soziale Merkmale
| Werden mit diesem Finanzprodukt nachhaltige Investitionen angestrebt? |
| --- |
|  | - Ja
 |  | Nein |
| - Es wird damit ein MindestanteiI an nachhaltigen Investitionen mit einem Umweltziel getätigt:%
	- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie als ökologisch nachhaltig einzustufen sind
	- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie nicht als ökologisch nachhaltig einzustufen sind

- Es wird damit ein Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel getätigt:%
 | Es werden damit ökologische/soziale Merkmale beworben und obwohl keine nachhaltigen Investitionen angestrebt werden, enthält es einen Mindestanteil von 20% an nachhaltigen Investitionen. - mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie als ökologisch nachhaltig einzustufen sindmit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie nicht als ökologisch nachhaltig einzustufen sindmit einem sozialen Ziel
- Es	werden		damit	ökologische/soziale Merkmale	beworben,		aber	keinenachhaltigen Investitionen getätigt.
 |

Welche ökologischen und/ oder sozialen Merkmale werden mit diesem Finanzprodukt beworben?
Mit Nachhaltigkeitsin- dikatoren wird gemessen, inwieweit die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht werden.
Der Teilfonds fördert Umwelt- und Sozialeigenschaften, indem er in Wertpapiere von Emittenten mit guten ESG-Eigenschaften investiert. Gute ESG-Eigenschaften werden anhand von ESG-Ratings ermittelt. ESG-Ratings berücksichtigen Umwelteigenschaften wie CO2-Intensität, CO2-Emissionen, Energieeffizienz, Wasser- und Abfallmanagement und Biodiversität sowie Sozialeigenschaften wie Produktsicherheit, Lieferkette, Gesundheit und Sicherheit sowie Menschenrechte.
Der Teilfonds ist in gewissem Maße bestrebt, nachhaltige Anlagen zu tätigen.
Es wird keine Referenzbenchmark festgelegt, um die geförderten Umwelt- und Sozialeigenschaften zu erreichen.
einzelnen ökologischen oder sozialen Merkmale, die durch dieses Finanzprodukt beworben werden, herangezogen?
Der Teilfonds verwendet die folgenden Nachhaltigkeitsindikatoren, um die Ausprägung der von ihm geförderten Umwelt- oder Sozialeigenschaften zu messen:
- der  Prozentsatz des Teilfonds, der in Wertpapieren von Emittenten mit guten ESG-Eigenschaften im Einklang mit dem System für nachhaltiges Investieren von Fidelity investiert ist;
- in Bezug auf seine Direktanlagen in Unternehmen als Emittenten der Prozentsatz des Teilfonds, der in Wertpapiere von Emittenten investiert ist, auf die Ausschlusskriterien (wie unten definiert) zutreffen;
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen investiert ist; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel bei Wirtschaftsaktivitäten investiert ist, die gemäß der EU-Taxonomie nicht als ökologisch nachhaltig gelten; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel investiert ist.

Welches sind die Ziele der nachhaltigen Investitionen, die mit dem
Finanzprodukt teilweise getätigt werden sollen, und wie trägt die nachhaltige Investition zu diesen Zielen bei?
Der Teilfonds ermittelt wie folgt, ob eine Anlage nachhaltig ist:
- Emittenten, die wirtschaftliche Tätigkeiten ausüben, die zu einem oder mehreren der in der EU-Taxonomie festgelegten Umweltziele beitragen und gemäß der EU-Taxonomie als ökologisch nachhaltig gelten; oder
- Emittenten, bei denen der Großteil ihrer Geschäftstätigkeit (mehr als 50% des Umsatzes) zu ökologischen oder sozialen Zielen beiträgt, die mit einem oder mehreren der Ziele der Vereinten Nationen für nachhaltige Entwicklung („SDG“) in Einklang stehen; oder
- Emittenten, die ein Dekarbonisierungsziel festgelegt haben, das mit einem Temperaturanstiegsszenario mit 1,5 Grad oder weniger vereinbar ist (überprüft durch die Science Based Target Initiative oder ein Fidelity Proprietary Climate Rating), das als Beitrag zu Umweltzielen angesehen wird;sofern sie keinen wesentlichen Schaden anrichten, Mindestabsicherungen bieten und gute Governance-Kriterien aufweisen.

teilweise getätigt werden sollen, keinem der ökologischen oder sozialen nachhaltigen Anlageziele erheblich schaden?
Nachhaltige Anlagen werden auf ihre Beteiligung an Aktivitäten überprüft, die erheblichen Schaden und Kontroversen verursachen, und durch eine Kontrolle bewertet, ob der Emittent Mindestabsicherungen und -standards hinsichtlich der wichtigsten nachteiligen Auswirkungen (PAI) sowie die Leistung bei den PAI-Kennzahlen umsetzt bzw. erfüllt. Dazu gehören:
- Normenbasierte Filterkriterien – das Filtern von Wertpapieren, die gemäß den bestehenden (unten beschriebenen) normenbasierten Filterkriterien von Fidelity ermittelt wurden, anhand von:
- aktivitätsbasierten Filterkriterien – das Filtern von Emittenten auf der Grundlage ihrer Beteiligung an Aktivitäten mit erheblichen negativen Auswirkungen auf die Gesellschaft oder die Umwelt, darunter Emittenten, bei denen aufgrund der Filterkriterien für Kontroversen eine„sehr gravierende“ Kontroverse vorliegt, die im Bereich
- Umwelt,
- Menschenrechte und Gemeinschaften,
- Arbeitnehmerrechte und Lieferkette,
- Kunden,
- Governance angesiedelt ist; und anhand von
	- PAI-Indikatoren. Quantitative Daten (sofern verfügbar) zu PAI-Indikatoren werden verwendet, um zu bewerten, ob ein Emittent an Aktivitäten beteiligt ist, die einem Umwelt- oder Sozialziel erheblichen Schaden zufügen.


Bei den wichtigsten nachteiligen Auswirkungen handelt es sich um die bedeutendsten nachteiligen Auswirkungen von Investitionsentscheidun- gen auf NachhaItigkeitsfaktoren in den Bereichen Umwelt, Soziales und Beschäftigung, Achtung der Menschenrechte und Bekämpfung von Korruption und Bestechung.
Wie wurden die Indikatoren für nachteilige Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Für nachhaltige Anlagen, wie oben beschrieben, führt Fidelity eine quantitative Bewertung durch, um Emittenten mit einer problematischen Leistung bei PAI-Indikatoren zu ermitteln. Emittenten mit einer niedrigen Punktzahl kommen nur dann für „nachhaltige Anlagen“ infrage, wenn die Fundamentalresearch von Fidelity feststellt, dass der Emittent nicht gegen die Anforderungen verstößt, „keinen wesentlichen Schaden anrichtet“ oder sich auf einem guten Weg befindet, um die nachteiligen Auswirkungen durch effektives Management oder einen Übergang abzumildern.
Wie stehen die nachhaltigen Investitionen mit den OECD-Leitsätzen für multinationale Unternehmen und den Leitprinzipien der Vereinten Nationen für Wirtschaft und
Menschenrechte in Einklang? Nähere Angaben:
Es werden normenbasierte Filterkriterien angewendet: Emittenten, bei denen festgestellt wurde, dass sie sich nicht in einer Weise verhalten, die ihrer grundlegenden Verantwortung in den Bereichen Menschenrechte, Arbeit, Umwelt und Korruptionsbekämpfung im Einklang mit internationalen Normen gerecht wird, darunter denjenigen, die in den OECD-Leitsätzen für multinationale Unternehmen, den Leitprinzipien der Vereinten Nationen für Wirtschaft und Menschenrechte, dem UN Global Compact (UNGC) und den IAO-Standards der Internationalen Arbeitsorganisation (ILO) festgelegt sind, kommen für nachhaltige Investitionen nicht infrage.
In der EU-Taxonomie ist der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" festgelegt, nach dem taxonomiekonforme Investitionen die Ziele der EU-Taxonomie nicht erheblich beeinträchtigen dürfen, und es sind spezifische EU-Kriterien beigefügt. Der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" findet nur bei denjenigen dem Finanzprodukt zugrunde liegenden Investitionen Anwendung, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten berücksichtigen. Die dem verbleibenden Teil dieses  Finanzprodukts zugrunde  liegenden Investitionen berücksichtigen nicht die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten. Alle anderen nachhaltigen Investitionen dürfen ökologische oder soziale Ziele ebenfalls nicht erheblich beeinträchtigen.

###### Werden bei diesem Finanzprodukt die wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Ja
- NeinDie wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren werden mit Hilfe einer Vielzahl von Instrumenten berücksichtigt und in Anlageentscheidungen einbezogen. Hierzu zählen:
- Due Diligence – Analyse, ob die wichtigsten nachteiligen Auswirkungen (PAI) wesentlich und negativ sind.
- ESG-Rating – Fidelity bezieht sich auf ESG-Ratings, die wesentliche nachteilige Auswirkungen wie CO2-Emissionen, Mitarbeitersicherheit, Bestechung und Korruption sowie Wassermanagement berücksichtigen, und bei den von Staaten ausgegebenen Wertpapieren berücksichtigen die verwendeten Ratings wichtige nachteilige Auswirkungen (PAI) wie CO2-Emissionen, Sozialverstöße und die Meinungsfreiheit.
- Ausschlusskriterien – Bei Direktanlagen in Unternehmen als Emittenten wendet der Teilfonds die (unten definierten) Ausschlusskriterien an, um die wichtigsten nachteiligen Auswirkungen abzumildern. Dazu schließt er schädliche Sektoren aus und verbietet Investitionen in Emittenten, die gegen internationale Standards wie den UNGC verstoßen.
- Mitwirkung – Fidelity nutzt Mitwirkung als ein Instrument, um die wichtigsten nachteiligen Auswirkungen besser zu verstehen und sich unter bestimmten Umständen für die Abmilderung der wichtigsten nachteiligen Auswirkungen einzusetzen. Fidelity beteiligt sich an relevanten individuellen und kollaborativen Arten der Mitwirkung, die auf eine Reihe von wichtigen negativen Auswirkungen abzielen (z. B. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Abstimmungsverhalten – Die Abstimmungspolitik von Fidelity umfasst bei Unternehmen als Emittenten explizite Mindeststandards für die Geschlechtervielfalt im Aufsichtsrat und die Auseinandersetzung mit dem Klimawandel. Fidelity kann auch auf eine Weise abstimmen, dass die wichtigsten nachteiligen Auswirkungen abgemildert werden.
- Vierteljährliche Überprüfungen – Überwachung der wichtigsten nachteiligen Auswirkungen (PAI) durch den vierteljährlichen Überprüfungsprozess des Teilfonds.

Wenn es um die Frage geht, ob Investitionen eine wesentliche nachteilige Auswirkung haben, berücksichtigt Fidelity für jeden Nachhaltigkeitsfaktor spezifische Indikatoren. Diese Indikatoren hängen von der Datenverfügbarkeit ab und können sich mit zunehmender Datenqualität und
-verfügbarkeit weiterentwickeln.
Informationen über die wichtigsten nachteiligen Auswirkungen werden im Jahresbericht des Teilfonds zur Verfügung gestellt.
Die Anlagestrategie dient aIs Richtschnur für Investitionsentscheidun- gen, wobei bestimmte Kriterien wie beispielsweise Investitionsziele oder Risikotoleranz
berücksichtigt werden.
Mindestens 50% des Nettovermögens des Teilfonds werden in Wertpapiere investiert, die gute ESG-Eigenschaften aufweisen.
Ob ESG-Eigenschaften gut sind, wird anhand von ESG-Ratings externer Agenturen und von Fidelity ESG-Ratings ermittelt.
Innerhalb dieses Anlageuniversums wählt der Investmentmanager Aktien mit Hilfe rigoroser Bottom-up-Finanzanalysen und -bewertungen aus, um Aktien mit einem Potenzial für hohe Anlagerenditen auszuwählen.
In Bezug auf seine Direktanlagen in Unternehmensemittenten berücksichtigt der Teilfonds:
- eine unternehmensweite Ausschlussliste, die Streumunition und Antipersonenlandminen umfasst; und
- eine normenbasierte Filterung von Emittenten, die nach Ansicht des Investmentmanagers ihre Geschäfte nicht in Übereinstimmung mit internationalen Normen, darunter den im UNGC festgelegten, durchgeführt haben.

Die oben genannten Ausschluss- und Filterkriterien (die „Ausschlusskriterien“) werden möglicherweise von Zeit zu Zeit aktualisiert. Weitere Informationen erhalten Sie auf der Website Sustainable investing framework (fidelityinternational.com).
Es steht zudem im Ermessen des Investmentmanagers, von Zeit zu Zeit erweiterte, strengere Nachhaltigkeitsanforderungen und Ausschlusskriterien anzuwenden.
Worin bestehen die verbindlichen Elemente der Anlagestrategie, die für die Auswahl der Investitionen zur Erfüllung der beworbenen ökologischen oder sozialen Ziele verwendet werden?
Der Teilfonds investiert:
- mindestens  50%  seines  Vermögens in Wertpapiere von Emittenten mit guten ESG-Eigenschaften,
- mindestens 20% in nachhaltige Anlagen, von denen mindestens 0% ein Umweltziel aufweisen, das sich an der EU-Taxonomie orientiert, mindestens 1% ein Umweltziel, das sich nicht an der EU-Taxonomie orientiert, und mindestens 1% ein Sozialziel verfolgen.

Darüber hinaus wird der Teilfonds die oben beschriebenen Ausschlusskriterien systematisch anwenden.
Um welchen Mindestsatz wird der Umfang der vor der Anwendung dieser Anlagestrategie in Betracht gezogenen Investitionen reduziert?
Diese Frage ist hier nicht relevant.
Die Verfahrensweisen einer guten
Unternehmensführung umfassen solide Managementstrukturen, die Beziehungen zu den Arbeitnehmern, die Vergütung von Mitarbeitern sowie die Einhaltung der Steuervorschriften.
Wie werden die Verfahrensweisen einer guten Unternehmensführung der Unternehmen, in die investiert wird, bewertet?
Die Governance-Praktiken der Emittenten werden anhand von Fundamentalresearch bewertet, die Fidelity ESG-Ratings sowie Daten zu Kontroversen und Verstößen gegen den UN Global Compact berücksichtigt.
Zu den wichtigsten Punkten, die analysiert werden, gehören unter anderem die Erfolgsbilanz der Kapitalallokation, die finanzielle Transparenz, Transaktionen mit nahestehenden Parteien, die Unabhängigkeit und Größe des Vorstands, die Vergütung der Führungskräfte, die Abschlussprüfer und die interne Aufsicht sowie die Rechte der Minderheitsanteilinhaber.
Die Vermögensallokation gibt den jeweiligen Anteil der Investitionen in bestimmte Vermögenswerte an.
Taxonomiekonforme Tätigkeiten, ausgedrückt durch den Anteil der:
- Umsatzerlöse, die den Anteil der Einnahmen aus umweltfreundlichenAktivitäten der Unternehmen, in die investiert wird, widerspiegeln
- Investitionsausgaben (CapEx), die die umweltfreundlichen Investitionen der Unternehmen, in die investiert wird, aufzeigen,z.B. für den Übergang zu einer grünen Wirtschaft- Betriebsausgaben (OpEx), die die umweltfreundlichenbetrieblichen Aktivitäten der Unternehmen, in die investiert wird, widerspiegeln(#1 Ausgerichtet an E/S-Eigenschaften) Der Teilfonds investiert nach Möglichkeit:
- mindestens 50% seines	Vermögens	in	Wertpapiere	von	Emittenten	mit	guten ESG-Eigenschaften,
- mindestens 20% seines Vermögens in nachhaltige (#1A nachhaltig) Anlagen, von denen mindestens 0% ein Umweltziel verfolgen (das an der EU-Taxonomie ausgerichtet ist), mindestens 1% ein Umweltziel haben (das nicht an der EU-Taxonomie ausgerichtet ist) und mindestens 1% ein Sozialziel haben. Die übrigen nachhaltigen Anlagen des Teilfonds können ein Umwelt- oder Sozialziel verfolgen.

Sonstige Umweltziele 1%
(#1B Sonstige E/S-Eigenschaften) Umfasst Wertpapiere von Emittenten mit guten ESG-Eigenschaften, die aber keine nachhaltigen Anlagen sind.
#1A Nachhaltige
Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale
50%
Investitionen 20%
#1B Andere ökologische oder soziale Merkmale
Soziales 1%
#2 Andere Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst Investitionen des Finanzprodukts, die zur Erreichung der beworbenen ökologischen oder sozialen Merkmale getätigt wurden.
#2 Andere Investitionen umfasst die übrigen Investitionen des Finanzprodukts, die weder auf ökologische oder soziale Merkmale ausgerichtet sind noch als nachhaltige Investitionen eingestuft werden.
Die Kategorie #1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst folgende Unterkategorien:
Die Unterkategorie #1A Nachhaltige Investitionen umfasst nachhaltige Investitionen mit ökologischen oder sozialen Zielen.
Die Unterkategorie #1B Andere ökologische oder soziale Merkmale umfasst Investitionen, die auf ökologische oder soziale Merkmale ausgerichtet sind, aber nicht als nachhaltige Investitionen eingestuft werden.
Inwiefern werden durch den Einsatz von Derivaten die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht?
Wenn das einem Derivat zugrunde liegende Wertpapier im Einklang mit dem System für nachhaltiges Investieren von Fidelity gute ESG-Eigenschaften aufweist, darf das Derivat zur Feststellung des Teilfondsanteils berücksichtigt werden, der Umwelt- oder Sozialeigenschaften fördert.
In welchem Mindestmaß sind nachhaltige Investitionen mit einem Umweltziel mit der EU-Taxonomie konform?
Der Teilfonds investiert mindestens 0% in nachhaltige Anlagen mit einem Umweltziel, die mit der EU-Taxonomie konform sind.
Die Konformität der Anlagen des Teilfonds mit der EU-Taxonomie wird nicht durch Wirtschaftsprüfer oder mittels einer Überprüfung durch Dritte sichergestellt.
Die Ausrichtung der zugrunde liegenden Anlagen des Teilfonds an der EU-Taxonomie wird anhand des Umsatzes gemessen.
Investiert das Finanzprodukt in Aktivitäten im Zusammenhang mit fossilem Gas und/oder Kernenergie, die der EU-Taxonomie¹ entsprechen?
- JaNein
- In fossiles Gas	In KernenergieWie hoch ist der Mindestanteil der Investitionen in Übergangstätigkeiten und ermöglichende Tätigkeiten?

Der Teilfonds investiert mindestens 0% in Übergangstätigkeiten und ermöglichende Tätigkeiten.
Wie hoch ist der Mindestanteil nachhaltiger Investitionen mit einem Umweltziel, die nicht mit der EU-Taxonomie konform sind?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Umweltziel, das nicht mit der EU-Taxonomie konform ist.
Die Anlagen können zwar mit der EU-Taxonomie konform sein, aber der Investmentmanager ist derzeit nicht in der Lage, den genauen Anteil der Anlagen des Teilfonds anzugeben, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftstätigkeiten berücksichtigen. Die Position wird jedoch weiterhin überprüft, wenn die zugrunde liegenden Regeln festgelegt sind und im Laufe der Zeit mehr zuverlässige Daten zur Verfügung stehen.
¹ Tätigkeiten im Bereich fossiles Gas und/oder Kernenergie sind nur dann EU-taxonomiekonform, wenn sie zur Eindämmung des Klimawandels („Klimaschutz“) beitragen und kein Ziel der EU-Taxonomie erheblich beeinträchtigen – siehe Erläuterung am linken Rand. Die vollständigen Kriterien für EU-taxonomiekonforme Wirtschaftstätigkeiten im Bereich fossiles Gas und Kernenergie sind in der Delegierten Verordnung (EU) 2022/1214 der Kommission festgelegt.
Wie hoch ist der Mindestanteil der sozial nachhaltigen Investitionen?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Sozialziel.
Welche Investitionen fallen unter ,,#2 Andere Investitionen", welcher Anlagezweck wird mit ihnen verfolgt und gibt es einen ökologischen oder sozialen Mindestschutz?
Die verbleibenden Anlagen des Teilfonds erfolgen in Instrumenten, die zum Finanzziel des Teilfonds passen, und für Liquiditätszwecke in liquiden Mitteln und liquiden Mitteln gleichstehenden Mitteln sowie in Derivaten, die als Anlagen und für eine effiziente Portfolioverwaltung eingesetzt werden können.
Zur Gewährleistung eines Mindestmaßes an Umwelt- und Sozialabsicherungen wendet der Teilfonds die Ausschlusskriterien an.

###### Wurde ein Index als Referenzwert bestimmt, um festzustellen, ob dieses Finanzprodukt auf die beworbenen ökologischen und/oder sozialen Merkmale ausgerichtet ist?
Es wird kein bestimmter Index als Referenzbenchmark angegeben, um festzustellen, ob dieses Finanzprodukt zu den geförderten Umwelt- oder Sozialeigenschaften passt.
Bei den Referenzwerten handelt es sich um Indizes, mit denen gemessen wird, ob das Finanzprodukt die beworbenen ökologischen oder sozialen Merkmale erreicht.
Inwiefern ist der Referenzwert kontinuierlich auf die mit dem Finanzprodukt beworbenen ökologischen und sozialen Merkmale ausgerichtet?
Diese Frage ist hier nicht relevant.
Wie wird die kontinuierliche Ausrichtung der Anlagestrategie auf die Indexmethode sichergestellt?
Diese Frage ist hier nicht relevant.
Wie unterscheidet sich der bestimmte Index von einem relevanten breiten Marktindex?
Diese Frage ist hier nicht relevant.
Wo kann die Methode zur Berechnung des bestimmten Indexes eingesehen werden?
Diese Frage ist hier nicht relevant.

###### 	Wo kann ich im Internet weitere produktspezifische Informationen finden?
Weitere produktspezifische Informationen finden Sie auf der Website: https:/www.fidelity.lu/funds/factsheet/LU0251129549/tab-disclosure#SFDR-disclosure. 
Weitere Informationen zu den hier dargelegten Methoden finden Sie auf der Website: System fürnachhaltiges Investieren (fidelityinternational.com).
Vorvertragliche Informationen zu den in Artikel 8 Absätze 1, 2 und 2a der Verordnung (EU) 2019/2088 und Artikel 6 Absatz 1 der Verordnung (EU) 2020/852 genannten Finanzprodukten
Name des Produkts:	Unternehmenskennung (LEI- Code):
Fidelity Funds - European Low Volatility Equity Fund	254900QTLOPDWWO9F129

###### Ökologische und/oder soziale Merkmale
| Werden mit diesem Finanzprodukt nachhaltige Investitionen angestrebt? |
| --- |
|  | - Ja
 |  | Nein |
| - Es wird damit ein MindestanteiI an nachhaltigen Investitionen mit einem Umweltziel getätigt:%
	- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie als ökologisch nachhaltig einzustufen sind
	- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie nicht als ökologisch nachhaltig einzustufen sind

- Es wird damit ein Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel getätigt:%
 | Es werden damit ökologische/soziale Merkmale beworben und obwohl keine nachhaltigen Investitionen angestrebt werden, enthält es einen Mindestanteil von 20% an nachhaltigen Investitionen. mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie als ökologisch nachhaltig einzustufen sind mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie nicht als ökologisch nachhaltig einzustufen sind mit einem sozialen Ziel - Es	werden		damit	ökologische/soziale Merkmale	beworben,		aber	keinenachhaltigen Investitionen getätigt.
 |

Welche ökologischen und/ oder sozialen Merkmale werden mit diesem Finanzprodukt beworben?
Mit Nachhaltigkeitsin- dikatoren wird gemessen, inwieweit die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht werden.
Der Teilfonds fördert Umwelt- und Sozialeigenschaften, indem er in Wertpapiere von Emittenten mit guten ESG-Eigenschaften investiert. Gute ESG-Eigenschaften werden anhand von ESG-Ratings ermittelt. ESG-Ratings berücksichtigen Umwelteigenschaften wie CO2-Intensität, CO2-Emissionen, Energieeffizienz, Wasser- und Abfallmanagement und Biodiversität sowie Sozialeigenschaften wie Produktsicherheit, Lieferkette, Gesundheit und Sicherheit sowie Menschenrechte.
Der Teilfonds ist in gewissem Maße bestrebt, nachhaltige Anlagen zu tätigen.
Es wird keine Referenzbenchmark festgelegt, um die geförderten Umwelt- und Sozialeigenschaften zu erreichen.
einzelnen ökologischen oder sozialen Merkmale, die durch dieses Finanzprodukt beworben werden, herangezogen?
Der Teilfonds verwendet die folgenden Nachhaltigkeitsindikatoren, um die Ausprägung der von ihm geförderten Umwelt- oder Sozialeigenschaften zu messen:
- der  Prozentsatz des Teilfonds, der in Wertpapieren von Emittenten mit guten ESG-Eigenschaften im Einklang mit dem System für nachhaltiges Investieren von Fidelity investiert ist;
- in Bezug auf seine Direktanlagen in Unternehmen als Emittenten der Prozentsatz des Teilfonds, der in Wertpapiere von Emittenten investiert ist, auf die Ausschlusskriterien (wie unten definiert) zutreffen;
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen investiert ist; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel bei Wirtschaftsaktivitäten investiert ist, die gemäß der EU-Taxonomie als ökologisch nachhaltig gelten;
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel bei Wirtschaftsaktivitäten investiert ist, die gemäß der EU-Taxonomie nicht als ökologisch nachhaltig gelten; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel investiert ist.

Welches sind die Ziele der nachhaltigen Investitionen, die mit dem
Finanzprodukt teilweise getätigt werden sollen, und wie trägt die nachhaltige Investition zu diesen Zielen bei?
Der Teilfonds ermittelt wie folgt, ob eine Anlage nachhaltig ist:
- Emittenten, die wirtschaftliche Tätigkeiten ausüben, die zu einem oder mehreren der in der EU-Taxonomie festgelegten Umweltziele beitragen und gemäß der EU-Taxonomie als ökologisch nachhaltig gelten; oder
- Emittenten, bei denen der Großteil ihrer Geschäftstätigkeit (mehr als 50% des Umsatzes) zu ökologischen oder sozialen Zielen beiträgt, die mit einem oder mehreren der Ziele der Vereinten Nationen für nachhaltige Entwicklung („SDG“) in Einklang stehen; oder
- Emittenten, die ein Dekarbonisierungsziel festgelegt haben, das mit einem Temperaturanstiegsszenario mit 1,5 Grad oder weniger vereinbar ist (überprüft durch die Science Based Target Initiative oder ein Fidelity Proprietary Climate Rating), das als Beitrag zu Umweltzielen angesehen wird;sofern sie keinen wesentlichen Schaden anrichten, Mindestabsicherungen bieten und gute Governance-Kriterien aufweisen.

teilweise getätigt werden sollen, keinem der ökologischen oder sozialen nachhaltigen Anlageziele erheblich schaden?
Nachhaltige Anlagen werden auf ihre Beteiligung an Aktivitäten überprüft, die erheblichen Schaden und Kontroversen verursachen, und durch eine Kontrolle bewertet, ob der Emittent Mindestabsicherungen und -standards hinsichtlich der wichtigsten nachteiligen Auswirkungen (PAI) sowie die Leistung bei den PAI-Kennzahlen umsetzt bzw. erfüllt. Dazu gehören:
- Normenbasierte Filterkriterien – das Filtern von Wertpapieren, die gemäß den bestehenden (unten beschriebenen) normenbasierten Filterkriterien von Fidelity ermittelt wurden, anhand von:
- aktivitätsbasierten Filterkriterien – das Filtern von Emittenten auf der Grundlage ihrer Beteiligung an Aktivitäten mit erheblichen negativen Auswirkungen auf die Gesellschaft oder die Umwelt, darunter Emittenten, bei denen aufgrund der Filterkriterien für Kontroversen eine„sehr gravierende“ Kontroverse vorliegt, die im Bereich
- Umwelt,
- Menschenrechte und Gemeinschaften,
- Arbeitnehmerrechte und Lieferkette,
- Kunden,
- Governance angesiedelt ist; und anhand von
	- PAI-Indikatoren. Quantitative Daten (sofern verfügbar) zu PAI-Indikatoren werden verwendet, um zu bewerten, ob ein Emittent an Aktivitäten beteiligt ist, die einem Umwelt- oder Sozialziel erheblichen Schaden zufügen.


Bei den wichtigsten nachteiligen Auswirkungen handelt es sich um die bedeutendsten nachteiligen Auswirkungen von Investitionsentscheidun- gen auf NachhaItigkeitsfaktoren in den Bereichen Umwelt, Soziales und Beschäftigung, Achtung der Menschenrechte und Bekämpfung von Korruption und Bestechung.
Wie wurden die Indikatoren für nachteilige Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Für nachhaltige Anlagen, wie oben beschrieben, führt Fidelity eine quantitative Bewertung durch, um Emittenten mit einer problematischen Leistung bei PAI-Indikatoren zu ermitteln. Emittenten mit einer niedrigen Punktzahl kommen nur dann für „nachhaltige Anlagen“ infrage, wenn die Fundamentalresearch von Fidelity feststellt, dass der Emittent nicht gegen die Anforderungen verstößt, „keinen wesentlichen Schaden anrichtet“ oder sich auf einem guten Weg befindet, um die nachteiligen Auswirkungen durch effektives Management oder einen Übergang abzumildern.
Wie stehen die nachhaltigen Investitionen mit den OECD-Leitsätzen für multinationale Unternehmen und den Leitprinzipien der Vereinten Nationen für Wirtschaft und
Menschenrechte in Einklang? Nähere Angaben:
Es werden normenbasierte Filterkriterien angewendet: Emittenten, bei denen festgestellt wurde, dass sie sich nicht in einer Weise verhalten, die ihrer grundlegenden Verantwortung in den Bereichen Menschenrechte, Arbeit, Umwelt und Korruptionsbekämpfung im Einklang mit internationalen Normen gerecht wird, darunter denjenigen, die in den OECD-Leitsätzen für multinationale Unternehmen, den Leitprinzipien der Vereinten Nationen für Wirtschaft und Menschenrechte, dem UN Global Compact (UNGC) und den IAO-Standards der Internationalen Arbeitsorganisation (ILO) festgelegt sind, kommen für nachhaltige Investitionen nicht infrage.
In der EU-Taxonomie ist der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" festgelegt, nach dem taxonomiekonforme Investitionen die Ziele der EU-Taxonomie nicht erheblich beeinträchtigen dürfen, und es sind spezifische EU-Kriterien beigefügt. Der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" findet nur bei denjenigen dem Finanzprodukt zugrunde liegenden Investitionen Anwendung, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten berücksichtigen. Die dem verbleibenden Teil dieses  Finanzprodukts zugrunde  liegenden Investitionen berücksichtigen nicht die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten. Alle anderen nachhaltigen Investitionen dürfen ökologische oder soziale Ziele ebenfalls nicht erheblich beeinträchtigen.

###### Werden bei diesem Finanzprodukt die wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Ja
- NeinDie wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren werden mit Hilfe einer Vielzahl von Instrumenten berücksichtigt und in Anlageentscheidungen einbezogen. Hierzu zählen:
- Due Diligence – Analyse, ob die wichtigsten nachteiligen Auswirkungen (PAI) wesentlich und negativ sind.
- ESG-Rating – Fidelity bezieht sich auf ESG-Ratings, die wesentliche nachteilige Auswirkungen wie CO2-Emissionen, Mitarbeitersicherheit, Bestechung und Korruption sowie Wassermanagement berücksichtigen, und bei den von Staaten ausgegebenen Wertpapieren berücksichtigen die verwendeten Ratings wichtige nachteilige Auswirkungen (PAI) wie CO2-Emissionen, Sozialverstöße und die Meinungsfreiheit.
- Ausschlusskriterien – Bei Direktanlagen in Unternehmen als Emittenten wendet der Teilfonds die (unten definierten) Ausschlusskriterien an, um die wichtigsten nachteiligen Auswirkungen abzumildern. Dazu schließt er schädliche Sektoren aus und verbietet Investitionen in Emittenten, die gegen internationale Standards wie den UNGC verstoßen.
- Mitwirkung – Fidelity nutzt Mitwirkung als ein Instrument, um die wichtigsten nachteiligen Auswirkungen besser zu verstehen und sich unter bestimmten Umständen für die Abmilderung der wichtigsten nachteiligen Auswirkungen einzusetzen. Fidelity beteiligt sich an relevanten individuellen und kollaborativen Arten der Mitwirkung, die auf eine Reihe von wichtigen negativen Auswirkungen abzielen (z. B. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Abstimmungsverhalten – Die Abstimmungspolitik von Fidelity umfasst bei Unternehmen als Emittenten explizite Mindeststandards für die Geschlechtervielfalt im Aufsichtsrat und die Auseinandersetzung mit dem Klimawandel. Fidelity kann auch auf eine Weise abstimmen, dass die wichtigsten nachteiligen Auswirkungen abgemildert werden.
- Vierteljährliche Überprüfungen – Überwachung der wichtigsten nachteiligen Auswirkungen (PAI) durch den vierteljährlichen Überprüfungsprozess des Teilfonds.

Wenn es um die Frage geht, ob Investitionen eine wesentliche nachteilige Auswirkung haben, berücksichtigt Fidelity für jeden Nachhaltigkeitsfaktor spezifische Indikatoren. Diese Indikatoren hängen von der Datenverfügbarkeit ab und können sich mit zunehmender Datenqualität und
-verfügbarkeit weiterentwickeln.
Informationen über die wichtigsten nachteiligen Auswirkungen werden im Jahresbericht des Teilfonds zur Verfügung gestellt.
Die Anlagestrategie dient aIs Richtschnur für Investitionsentscheidun- gen, wobei bestimmte Kriterien wie beispielsweise Investitionsziele oder Risikotoleranz
berücksichtigt werden.
Mindestens 50% des Nettovermögens des Teilfonds werden in Wertpapiere investiert, die gute ESG-Eigenschaften aufweisen.
Ob ESG-Eigenschaften gut sind, wird anhand von ESG-Ratings externer Agenturen und von Fidelity ESG-Ratings ermittelt.
Innerhalb dieses Anlageuniversums wählt der Investmentmanager Aktien mit Hilfe rigoroser Bottom-up-Finanzanalysen und -bewertungen aus, um Aktien mit einem Potenzial für hohe Anlagerenditen auszuwählen.
In Bezug auf seine Direktanlagen in Unternehmensemittenten berücksichtigt der Teilfonds:
- eine unternehmensweite Ausschlussliste, die Streumunition und Antipersonenlandminen umfasst; und
- eine normenbasierte Filterung von Emittenten, die nach Ansicht des Investmentmanagers ihre Geschäfte nicht in Übereinstimmung mit internationalen Normen, darunter den im UNGC festgelegten, durchgeführt haben.

Die oben genannten Ausschluss- und Filterkriterien (die „Ausschlusskriterien“) werden möglicherweise von Zeit zu Zeit aktualisiert. Weitere Informationen erhalten Sie auf der Website Sustainable investing framework (fidelityinternational.com).
Es steht zudem im Ermessen des Investmentmanagers, von Zeit zu Zeit erweiterte, strengere Nachhaltigkeitsanforderungen und Ausschlusskriterien anzuwenden.
Worin bestehen die verbindlichen Elemente der Anlagestrategie, die für die Auswahl der Investitionen zur Erfüllung der beworbenen ökologischen oder sozialen Ziele verwendet werden?
Der Teilfonds investiert:
- mindestens  50%  seines  Vermögens in Wertpapiere von Emittenten mit guten ESG-Eigenschaften,
- mindestens 20% in nachhaltige Anlagen, von denen mindestens 1% ein Umweltziel aufweisen, das sich an der EU-Taxonomie orientiert, mindestens 5% ein Umweltziel, das sich nicht an der EU-Taxonomie orientiert, und mindestens 10% ein Sozialziel verfolgen.

Darüber hinaus wird der Teilfonds die oben beschriebenen Ausschlusskriterien systematisch anwenden.
Um welchen Mindestsatz wird der Umfang der vor der Anwendung dieser Anlagestrategie in Betracht gezogenen Investitionen reduziert?
Diese Frage ist hier nicht relevant.
Die Verfahrensweisen einer guten
Unternehmensführung umfassen solide Managementstrukturen, die Beziehungen zu den Arbeitnehmern, die Vergütung von Mitarbeitern sowie die Einhaltung der Steuervorschriften.
Wie werden die Verfahrensweisen einer guten Unternehmensführung der Unternehmen, in die investiert wird, bewertet?
Die Governance-Praktiken der Emittenten werden anhand von Fundamentalresearch bewertet, die Fidelity ESG-Ratings sowie Daten zu Kontroversen und Verstößen gegen den UN Global Compact berücksichtigt.
Zu den wichtigsten Punkten, die analysiert werden, gehören unter anderem die Erfolgsbilanz der Kapitalallokation, die finanzielle Transparenz, Transaktionen mit nahestehenden Parteien, die Unabhängigkeit und Größe des Vorstands, die Vergütung der Führungskräfte, die Abschlussprüfer und die interne Aufsicht sowie die Rechte der Minderheitsanteilinhaber.
Die Vermögensallokation gibt den jeweiligen Anteil der Investitionen in bestimmte Vermögenswerte an.
Taxonomiekonforme Tätigkeiten, ausgedrückt durch den Anteil der:
- Umsatzerlöse, die den Anteil der Einnahmen aus umweltfreundlichenAktivitäten der Unternehmen, in die investiert wird, widerspiegeln
- Investitionsausgaben (CapEx), die die umweltfreundlichen Investitionen der Unternehmen, in die investiert wird, aufzeigen,z.B. für den Übergang zu einer grünen Wirtschaft- Betriebsausgaben (OpEx), die die umweltfreundlichenbetrieblichen Aktivitäten der Unternehmen, in die investiert wird, widerspiegeln(#1 Ausgerichtet an E/S-Eigenschaften) Der Teilfonds investiert nach Möglichkeit:
- mindestens 50% seines	Vermögens	in	Wertpapiere	von	Emittenten	mit	guten ESG-Eigenschaften,
- mindestens 20% seines Vermögens in nachhaltige (#1A nachhaltig) Anlagen, von denen mindestens 1% ein Umweltziel verfolgen (das an der EU-Taxonomie ausgerichtet ist), mindestens 5% ein Umweltziel haben (das nicht an der EU-Taxonomie ausgerichtet ist) und mindestens 10% ein Sozialziel haben. Die übrigen nachhaltigen Anlagen des Teilfonds können ein Umwelt- oder Sozialziel verfolgen.

(#1B Sonstige E/S-Eigenschaften) Umfasst Wertpapiere von Emittenten mit guten ESG-Eigenschaften, die aber keine nachhaltigen Anlagen sind.
Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale
50%
#2 Andere Investitionen
#1A Nachhaltige Investitionen 20%
#1B Andere ökologische oder soziale Merkmale
Taxonomiekonform 1%
Sonstige Umweltziele 5%
Soziales 10%
#1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst Investitionen des Finanzprodukts, die zur Erreichung der beworbenen ökologischen oder sozialen Merkmale getätigt wurden.
#2 Andere Investitionen umfasst die übrigen Investitionen des Finanzprodukts, die weder auf ökologische oder soziale Merkmale ausgerichtet sind noch als nachhaltige Investitionen eingestuft werden.
Die Kategorie #1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst folgende Unterkategorien:
Die Unterkategorie #1A Nachhaltige Investitionen umfasst nachhaltige Investitionen mit ökologischen oder sozialen Zielen.
Die Unterkategorie #1B Andere ökologische oder soziale Merkmale umfasst Investitionen, die auf ökologische oder soziale Merkmale ausgerichtet sind, aber nicht als nachhaltige Investitionen eingestuft werden.
Inwiefern werden durch den Einsatz von Derivaten die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht?
Wenn das einem Derivat zugrunde liegende Wertpapier im Einklang mit dem System für nachhaltiges Investieren von Fidelity gute ESG-Eigenschaften aufweist, darf das Derivat zur Feststellung des Teilfondsanteils berücksichtigt werden, der Umwelt- oder Sozialeigenschaften fördert.
In welchem Mindestmaß sind nachhaltige Investitionen mit einem Umweltziel mit der EU-Taxonomie konform?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Umweltziel, die mit der EU-Taxonomie konform sind.
Die Konformität der Anlagen des Teilfonds mit der EU-Taxonomie wird nicht durch Wirtschaftsprüfer oder mittels einer Überprüfung durch Dritte sichergestellt.
Die Ausrichtung der zugrunde liegenden Anlagen des Teilfonds an der EU-Taxonomie wird anhand des Umsatzes gemessen.
Investiert das Finanzprodukt in Aktivitäten im Zusammenhang mit fossilem Gas und/oder Kernenergie, die der EU-Taxonomie¹ entsprechen?
- JaNein
- In fossiles Gas	In KernenergieWie hoch ist der Mindestanteil der Investitionen in Übergangstätigkeiten und ermöglichende Tätigkeiten?

Der Teilfonds investiert mindestens 0% in Übergangstätigkeiten und ermöglichende Tätigkeiten.
Wie hoch ist der Mindestanteil nachhaltiger Investitionen mit einem Umweltziel, die nicht mit der EU-Taxonomie konform sind?
Der Teilfonds investiert mindestens 5% in nachhaltige Anlagen mit einem Umweltziel, das nicht mit der EU-Taxonomie konform ist.
Die Anlagen können zwar mit der EU-Taxonomie konform sein, aber der Investmentmanager ist derzeit nicht in der Lage, den genauen Anteil der Anlagen des Teilfonds anzugeben, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftstätigkeiten berücksichtigen. Die Position wird jedoch weiterhin überprüft, wenn die zugrunde liegenden Regeln festgelegt sind und im Laufe der Zeit mehr zuverlässige Daten zur Verfügung stehen.
¹ Tätigkeiten im Bereich fossiles Gas und/oder Kernenergie sind nur dann EU-taxonomiekonform, wenn sie zur Eindämmung des Klimawandels („Klimaschutz“) beitragen und kein Ziel der EU-Taxonomie erheblich beeinträchtigen – siehe Erläuterung am linken Rand. Die vollständigen Kriterien für EU-taxonomiekonforme Wirtschaftstätigkeiten im Bereich fossiles Gas und Kernenergie sind in der Delegierten Verordnung (EU) 2022/1214 der Kommission festgelegt.
Wie hoch ist der Mindestanteil der sozial nachhaltigen Investitionen?
Der Teilfonds investiert mindestens 10% in nachhaltige Anlagen mit einem Sozialziel.
Welche Investitionen fallen unter ,,#2 Andere Investitionen", welcher Anlagezweck wird mit ihnen verfolgt und gibt es einen ökologischen oder sozialen Mindestschutz?
Die verbleibenden Anlagen des Teilfonds erfolgen in Instrumenten, die zum Finanzziel des Teilfonds passen, und für Liquiditätszwecke in liquiden Mitteln und liquiden Mitteln gleichstehenden Mitteln sowie in Derivaten, die als Anlagen und für eine effiziente Portfolioverwaltung eingesetzt werden können.
Zur Gewährleistung eines Mindestmaßes an Umwelt- und Sozialabsicherungen wendet der Teilfonds die Ausschlusskriterien an.

###### Wurde ein Index als Referenzwert bestimmt, um festzustellen, ob dieses Finanzprodukt auf die beworbenen ökologischen und/oder sozialen Merkmale ausgerichtet ist?
Es wird kein bestimmter Index als Referenzbenchmark angegeben, um festzustellen, ob dieses Finanzprodukt zu den geförderten Umwelt- oder Sozialeigenschaften passt.
Bei den Referenzwerten handelt es sich um Indizes, mit denen gemessen wird, ob das Finanzprodukt die beworbenen ökologischen oder sozialen Merkmale erreicht.
Inwiefern ist der Referenzwert kontinuierlich auf die mit dem Finanzprodukt beworbenen ökologischen und sozialen Merkmale ausgerichtet?
Diese Frage ist hier nicht relevant.
Wie wird die kontinuierliche Ausrichtung der Anlagestrategie auf die Indexmethode sichergestellt?
Diese Frage ist hier nicht relevant.
Wie unterscheidet sich der bestimmte Index von einem relevanten breiten Marktindex?
Diese Frage ist hier nicht relevant.
Wo kann die Methode zur Berechnung des bestimmten Indexes eingesehen werden?
Diese Frage ist hier nicht relevant.

###### 	Wo kann ich im Internet weitere produktspezifische Informationen finden?
Weitere produktspezifische Informationen finden Sie auf der Website: https:/www.fidelity.lu/funds/factsheet/LU2346229433/tab-disclosure#SFDR-disclosure. 
Weitere Informationen zu den hier dargelegten Methoden finden Sie auf der Website: System fürnachhaltiges Investieren (fidelityinternational.com).
Vorvertragliche Informationen zu den in Artikel 8 Absätze 1, 2 und 2a der Verordnung (EU) 2019/2088 und Artikel 6 Absatz 1 der Verordnung (EU) 2020/852 genannten Finanzprodukten
Name des Produkts:	Unternehmenskennung (LEI- Code):
Fidelity Funds - Germany Fund	54930064HCI3BC84WQ28

###### Ökologische und/oder soziale Merkmale
| Werden mit diesem Finanzprodukt nachhaltige Investitionen angestrebt? |
| --- |
|  | - Ja
 |  | Nein |
| - Es wird damit ein MindestanteiI an nachhaltigen Investitionen mit einem Umweltziel getätigt:%
	- in Wirtschaftstätigkeiten, die nach derEU-Taxonomie als ökologisch nachhaltig einzustufen sind

- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie nicht als ökologisch nachhaltig einzustufen sind
- Es wird damit ein Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel getätigt:%
 | Es werden damit ökologische/soziale Merkmale beworben und obwohl keine nachhaltigen Investitionen angestrebt werden, enthält es einen Mindestanteil von 33% an nachhaltigen Investitionen. - mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie als ökologisch nachhaltig einzustufen sindmit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie nicht als ökologisch nachhaltig einzustufen sindmit einem sozialen Ziel
- Es	werden		damit	ökologische/soziale Merkmale	beworben,		aber	keinenachhaltigen Investitionen getätigt.
 |

Welche ökologischen und/ oder sozialen Merkmale werden mit diesem Finanzprodukt beworben?
Mit Nachhaltigkeitsin- dikatoren wird gemessen, inwieweit die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht werden.
Der Teilfonds fördert Umwelt- und Sozialeigenschaften, indem er in Wertpapiere von Emittenten mit guten ESG-Eigenschaften investiert. Gute ESG-Eigenschaften werden anhand von ESG-Ratings ermittelt. ESG-Ratings berücksichtigen Umwelteigenschaften wie CO2-Intensität, CO2-Emissionen, Energieeffizienz, Wasser- und Abfallmanagement und Biodiversität sowie Sozialeigenschaften wie Produktsicherheit, Lieferkette, Gesundheit und Sicherheit sowie Menschenrechte.
Der Teilfonds ist in gewissem Maße bestrebt, nachhaltige Anlagen zu tätigen.
Es wird keine Referenzbenchmark festgelegt, um die geförderten Umwelt- und Sozialeigenschaften zu erreichen.
einzelnen ökologischen oder sozialen Merkmale, die durch dieses Finanzprodukt beworben werden, herangezogen?
Der Teilfonds verwendet die folgenden Nachhaltigkeitsindikatoren, um die Ausprägung der von ihm geförderten Umwelt- oder Sozialeigenschaften zu messen:
- der  Prozentsatz des Teilfonds, der in Wertpapieren von Emittenten mit guten ESG-Eigenschaften im Einklang mit dem System für nachhaltiges Investieren von Fidelity investiert ist;
- in Bezug auf seine Direktanlagen in Unternehmen als Emittenten der Prozentsatz des Teilfonds, der in Wertpapiere von Emittenten investiert ist, auf die Ausschlusskriterien (wie unten definiert) zutreffen;
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen investiert ist; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel bei Wirtschaftsaktivitäten investiert ist, die gemäß der EU-Taxonomie nicht als ökologisch nachhaltig gelten; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel investiert ist.

Welches sind die Ziele der nachhaltigen Investitionen, die mit dem
Finanzprodukt teilweise getätigt werden sollen, und wie trägt die nachhaltige Investition zu diesen Zielen bei?
Der Teilfonds ermittelt wie folgt, ob eine Anlage nachhaltig ist:
- Emittenten, die wirtschaftliche Tätigkeiten ausüben, die zu einem oder mehreren der in der EU-Taxonomie festgelegten Umweltziele beitragen und gemäß der EU-Taxonomie als ökologisch nachhaltig gelten; oder
- Emittenten, bei denen der Großteil ihrer Geschäftstätigkeit (mehr als 50% des Umsatzes) zu ökologischen oder sozialen Zielen beiträgt, die mit einem oder mehreren der Ziele der Vereinten Nationen für nachhaltige Entwicklung („SDG“) in Einklang stehen; oder
- Emittenten, die ein Dekarbonisierungsziel festgelegt haben, das mit einem Temperaturanstiegsszenario mit 1,5 Grad oder weniger vereinbar ist (überprüft durch die Science Based Target Initiative oder ein Fidelity Proprietary Climate Rating), das als Beitrag zu Umweltzielen angesehen wird;sofern sie keinen wesentlichen Schaden anrichten, Mindestabsicherungen bieten und gute Governance-Kriterien aufweisen.

teilweise getätigt werden sollen, keinem der ökologischen oder sozialen nachhaltigen Anlageziele erheblich schaden?
Nachhaltige Anlagen werden auf ihre Beteiligung an Aktivitäten überprüft, die erheblichen Schaden und Kontroversen verursachen, und durch eine Kontrolle bewertet, ob der Emittent Mindestabsicherungen und -standards hinsichtlich der wichtigsten nachteiligen Auswirkungen (PAI) sowie für die Leistung bei den PAI-Kennzahlen umsetzt bzw. erfüllt. Dazu gehören:
- Normenbasierte Filterkriterien – das Filtern von Wertpapieren, die gemäß den bestehenden (unten beschriebenen) normenbasierten Filterkriterien von Fidelity ermittelt wurden, anhand von:
- aktivitätsbasierten Filterkriterien – das Filtern von Emittenten auf der Grundlage ihrer Beteiligung an Aktivitäten mit erheblichen negativen Auswirkungen auf die Gesellschaft oder die Umwelt, darunter Emittenten, bei denen aufgrund der Filterkriterien für Kontroversen eine„sehr gravierende“ Kontroverse vorliegt, die im Bereich
- Umwelt,
- Menschenrechte und Gemeinschaften,
- Arbeitnehmerrechte und Lieferkette,
- Kunden,
- Governance angesiedelt ist; und anhand von
	- PAI-Indikatoren. Quantitative Daten (sofern verfügbar) zu PAI-Indikatoren werden verwendet, um zu bewerten, ob ein Emittent an Aktivitäten beteiligt ist, die einem Umwelt- oder Sozialziel erheblichen Schaden zufügen.


Bei den wichtigsten nachteiligen Auswirkungen handelt es sich um die bedeutendsten nachteiligen Auswirkungen von Investitionsentscheidun- gen auf NachhaItigkeitsfaktoren in den Bereichen Umwelt, Soziales und Beschäftigung, Achtung der Menschenrechte und Bekämpfung von Korruption und Bestechung.
Wie wurden die Indikatoren für nachteilige Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Für nachhaltige Anlagen, wie oben beschrieben, führt Fidelity eine quantitative Bewertung durch, um Emittenten mit einer problematischen Leistung bei PAI-Indikatoren zu ermitteln. Emittenten mit einer niedrigen Punktzahl kommen nur dann für „nachhaltige Anlagen“ infrage, wenn die Fundamentalresearch von Fidelity feststellt, dass der Emittent nicht gegen die Anforderungen verstößt, „keinen wesentlichen Schaden anrichtet“ oder sich auf einem guten Weg befindet, um die nachteiligen Auswirkungen durch effektives Management oder einen Übergang abzumildern.
Wie stehen die nachhaltigen Investitionen mit den OECD-Leitsätzen für multinationale Unternehmen und den Leitprinzipien der Vereinten Nationen für Wirtschaft und
Menschenrechte in Einklang? Nähere Angaben:
Es werden normenbasierte Filterkriterien angewendet: Emittenten, bei denen festgestellt wurde, dass sie sich nicht in einer Weise verhalten, die ihrer grundlegenden Verantwortung in den Bereichen Menschenrechte, Arbeit, Umwelt und Korruptionsbekämpfung im Einklang mit internationalen Normen gerecht wird, darunter denjenigen, die in den OECD-Leitsätzen für multinationale Unternehmen, den Leitprinzipien der Vereinten Nationen für Wirtschaft und Menschenrechte, dem UN Global Compact (UNGC) und den IAO-Standards der Internationalen Arbeitsorganisation (ILO) festgelegt sind, kommen für nachhaltige Investitionen nicht infrage.
In der EU-Taxonomie ist der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" festgelegt, nach dem taxonomiekonforme Investitionen die Ziele der EU-Taxonomie nicht erheblich beeinträchtigen dürfen, und es sind spezifische EU-Kriterien beigefügt. Der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" findet nur bei denjenigen dem Finanzprodukt zugrunde liegenden Investitionen Anwendung, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten berücksichtigen. Die dem verbleibenden Teil dieses  Finanzprodukts zugrunde  liegenden Investitionen berücksichtigen nicht die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten. Alle anderen nachhaltigen Investitionen dürfen ökologische oder soziale Ziele ebenfalls nicht erheblich beeinträchtigen.

###### Werden bei diesem Finanzprodukt die wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Ja
- NeinDie wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren werden mit Hilfe einer Vielzahl von Instrumenten berücksichtigt und in Anlageentscheidungen einbezogen. Hierzu zählen:
- Due Diligence – Analyse, ob die wichtigsten nachteiligen Auswirkungen (PAI) wesentlich und negativ sind.
- ESG-Rating – Fidelity bezieht sich auf ESG-Ratings, die wesentliche nachteilige Auswirkungen wie CO2-Emissionen, Mitarbeitersicherheit, Bestechung und Korruption sowie Wassermanagement berücksichtigen, und bei den von Staaten ausgegebenen Wertpapieren berücksichtigen die verwendeten Ratings wichtige nachteilige Auswirkungen (PAI) wie CO2-Emissionen, Sozialverstöße und die Meinungsfreiheit.
- Ausschlusskriterien – Bei Direktanlagen in Unternehmen als Emittenten wendet der Teilfonds die (unten definierten) Ausschlusskriterien an, um die wichtigsten nachteiligen Auswirkungen abzumildern. Dazu schließt er schädliche Sektoren aus und verbietet Investitionen in Emittenten, die gegen internationale Standards wie den UNGC verstoßen.
- Mitwirkung – Fidelity nutzt Mitwirkung als ein Instrument, um die wichtigsten nachteiligen Auswirkungen besser zu verstehen und sich unter bestimmten Umständen für die Abmilderung der wichtigsten nachteiligen Auswirkungen einzusetzen. Fidelity beteiligt sich an relevanten individuellen und kollaborativen Engagements, die auf eine Reihe von wichtigen negativen Auswirkungen abzielen (z. B. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Abstimmungsverhalten	 –	Die	Abstimmungsrichtlinie		von	Fidelity	legt	explizite Mindeststandards	für	die	Geschlechtervielfalt	in	den	Leitungsorganen		und		für	die Berücksichtigung des Klimawandels durch die Unternehmensemittenten fest. Fidelity kann auch auf eine Weise abstimmen, dass die wichtigsten nachteiligen Auswirkungen abgemildert werden.
- Vierteljährliche Überprüfungen – Überwachung der wichtigsten nachteiligen Auswirkungen (PAI) durch den vierteljährlichen Überprüfungsprozess des Teilfonds.

Wenn es um die Frage geht, ob Investitionen eine wesentliche nachteilige Auswirkung haben, berücksichtigt Fidelity für jeden Nachhaltigkeitsfaktor spezifische Indikatoren. Diese Indikatoren hängen von der Datenverfügbarkeit ab und können sich mit zunehmender Datenqualität und
-verfügbarkeit weiterentwickeln.
Informationen über die wichtigsten nachteiligen Auswirkungen werden im Jahresbericht des Teilfonds zur Verfügung gestellt.
Die Anlagestrategie dient aIs Richtschnur für Investitionsentscheidun- gen, wobei bestimmte Kriterien wie beispielsweise Investitionsziele oder Risikotoleranz
berücksichtigt werden.
Mindestens 50% des Nettovermögens des Teilfonds werden in Wertpapiere investiert, die gute ESG-Eigenschaften aufweisen.
Ob ESG-Eigenschaften gut sind, wird anhand von ESG-Ratings externer Agenturen und von Fidelity ESG-Ratings ermittelt.
Innerhalb dieses Anlageuniversums wählt der Investmentmanager Aktien mit Hilfe rigoroser Bottom-up-Finanzanalysen und -bewertungen aus, Aktien mit einem Potenzial für hohe Anlagerenditen auszuwählen.
In Bezug auf seine Direktanlagen in Unternehmensemittenten berücksichtigt der Teilfonds:
- eine unternehmensweite Ausschlussliste, die Streumunition und Antipersonenlandminen umfasst; und
- eine normenbasierte Filterung von Emittenten, die nach Ansicht des Investmentmanagers ihre Geschäfte nicht in Übereinstimmung mit internationalen Normen, darunter den im UNGC festgelegten, durchgeführt haben.

Die oben genannten Ausschluss- und Filterkriterien (die „Ausschlusskriterien“) werden möglicherweise von Zeit zu Zeit aktualisiert. Weitere Informationen erhalten Sie auf der Website Sustainable investing framework (fidelityinternational.com).
Es steht zudem im Ermessen des Investmentmanagers, von Zeit zu Zeit erweiterte, strengere Nachhaltigkeitsanforderungen und Ausschlusskriterien anzuwenden.
Worin bestehen die verbindlichen Elemente der Anlagestrategie, die für die Auswahl der Investitionen zur Erfüllung der beworbenen ökologischen oder sozialen Ziele verwendet werden?
Der Teilfonds investiert:
- mindestens  50%  seines  Vermögens in Wertpapiere von Emittenten mit guten ESG-Eigenschaften,
- mindestens 33% in nachhaltige Anlagen, von denen mindestens 0% ein Umweltziel aufweisen, das sich an der EU-Taxonomie orientiert, mindestens 5% ein Umweltziel, das sich nicht an der EU-Taxonomie orientiert, und mindestens 20% ein Sozialziel verfolgen.

Darüber hinaus wird der Teilfonds die oben beschriebenen Ausschlusskriterien systematisch anwenden.
Um welchen Mindestsatz wird der Umfang der vor der Anwendung dieser Anlagestrategie in Betracht gezogenen Investitionen reduziert?
Diese Frage ist hier nicht relevant.
Die Verfahrensweisen einer guten
Unternehmensführung umfassen solide Managementstrukturen, die Beziehungen zu den Arbeitnehmern, die Vergütung von Mitarbeitern sowie die Einhaltung der Steuervorschriften.
Wie werden die Verfahrensweisen einer guten Unternehmensführung der Unternehmen, in die investiert wird, bewertet?
Die Governance-Praktiken der Emittenten werden anhand von Fundamentalresearch bewertet, die Fidelity ESG-Ratings sowie Daten zu Kontroversen und Verstößen gegen den UN Global Compact berücksichtigt.
Zu den wichtigsten Punkten, die analysiert werden, gehören unter anderem die Erfolgsbilanz der Kapitalallokation, die finanzielle Transparenz, Transaktionen mit nahestehenden Parteien, die Unabhängigkeit und Größe des Vorstands, die Vergütung der Führungskräfte, die Abschlussprüfer und die interne Aufsicht sowie die Rechte der Minderheitsanteilinhaber.
Die Vermögensallokation gibt den jeweiligen Anteil der Investitionen in bestimmte Vermögenswerte an.
Taxonomiekonforme Tätigkeiten, ausgedrückt durch den Anteil der:
- Umsatzerlöse, die den Anteil der Einnahmen aus umweltfreundlichenAktivitäten der Unternehmen, in die investiert wird, widerspiegeln
- Investitionsausgaben (CapEx), die die umweltfreundlichen Investitionen der Unternehmen, in die investiert wird, aufzeigen,z.B. für den Übergang zu einer grünen Wirtschaft- Betriebsausgaben (OpEx), die die umweltfreundlichenbetrieblichen Aktivitäten der Unternehmen, in die investiert wird, widerspiegeln(#1 Ausgerichtet an E/S-Eigenschaften) Der Teilfonds investiert nach Möglichkeit:
- mindestens 50% seines	Vermögens	in	Wertpapiere	von	Emittenten	mit	guten ESG-Eigenschaften,
- mindestens 33% in	nachhaltige	(#1A	nachhaltig)	Anlagen,	von	denen mindestens 0% ein Umweltziel verfolgen (das an der EU-Taxonomie ausgerichtet ist), mindestens 5% ein Umweltziel haben (das nicht an der EU-Taxonomie ausgerichtet ist) und mindestens 20% ein Sozialziel haben. Die übrigen nachhaltigen Anlagen des Teilfonds können ein Umwelt- oder Sozialziel verfolgen.

Sonstige Umweltziele 5%
(#1B Sonstige E/S-Eigenschaften) Umfasst Wertpapiere von Emittenten mit guten ESG-Eigenschaften, die aber keine nachhaltigen Anlagen sind.
#1A Nachhaltige
Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale
50%
Investitionen 33%
#1B Andere ökologische oder soziale Merkmale
Soziales 20%
#2 Andere Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst Investitionen des Finanzprodukts, die zur Erreichung der beworbenen ökologischen oder sozialen Merkmale getätigt wurden.
#2 Andere Investitionen umfasst die übrigen Investitionen des Finanzprodukts, die weder auf ökologische oder soziale Merkmale ausgerichtet sind noch als nachhaltige Investitionen eingestuft werden.
Die Kategorie #1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst folgende Unterkategorien:
Die Unterkategorie #1A Nachhaltige Investitionen umfasst nachhaltige Investitionen mit ökologischen oder sozialen Zielen.
Die Unterkategorie #1B Andere ökologische oder soziale Merkmale umfasst Investitionen, die auf ökologische oder soziale Merkmale ausgerichtet sind, aber nicht als nachhaltige Investitionen eingestuft werden.
Inwiefern werden durch den Einsatz von Derivaten die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht?
Wenn das einem Derivat zugrunde liegende Wertpapier im Einklang mit dem System für nachhaltiges Investieren von Fidelity gute ESG-Eigenschaften aufweist, darf das Derivat zur Feststellung des Teilfondsanteils berücksichtigt werden, der Umwelt- oder Sozialeigenschaften fördert.
In welchem Mindestmaß sind nachhaltige Investitionen mit einem Umweltziel mit der EU-Taxonomie konform?
Der Teilfonds investiert mindestens 0% in nachhaltige Anlagen mit einem Umweltziel, die mit der EU-Taxonomie konform sind.
Die Konformität der Anlagen des Teilfonds mit der EU-Taxonomie wird nicht durch Wirtschaftsprüfer oder mittels einer Überprüfung durch Dritte sichergestellt.
Die Ausrichtung der zugrunde liegenden Anlagen des Teilfonds an der EU-Taxonomie wird anhand des Umsatzes gemessen.
Investiert das Finanzprodukt in Aktivitäten im Zusammenhang mit fossilem Gas und/oder Kernenergie, die der EU-Taxonomie¹ entsprechen?
- JaNein
- In fossiles Gas	In KernenergieWie hoch ist der Mindestanteil der Investitionen in Übergangstätigkeiten und ermöglichende Tätigkeiten?

Der Teilfonds investiert mindestens 0% in Übergangstätigkeiten und ermöglichende Tätigkeiten.
Wie hoch ist der Mindestanteil nachhaltiger Investitionen mit einem Umweltziel, die nicht mit der EU-Taxonomie konform sind?
Der Teilfonds investiert mindestens 5% in nachhaltige Anlagen mit einem Umweltziel, das nicht an der EU-Taxonomie orientiert ist.
Die Anlagen können zwar an der EU-Taxonomie ausgerichtet sein, aber der Investmentmanager ist derzeit nicht in der Lage, den genauen Anteil der Anlagen des Teilfonds anzugeben, die die EU-Kriterien für ökologisch nachhaltiges Wirtschaften berücksichtigen. Die Position wird jedoch weiterhin überprüft, wenn die zugrunde liegenden Regeln festgelegt sind und im Laufe der Zeit mehr zuverlässige Daten zur Verfügung stehen.
¹ Tätigkeiten im Bereich fossiles Gas und/oder Kernenergie sind nur dann EU-taxonomiekonform, wenn sie zur Eindämmung des Klimawandels („Klimaschutz“) beitragen und kein Ziel der EU-Taxonomie erheblich beeinträchtigen – siehe Erläuterung am linken Rand. Die vollständigen Kriterien für EU-taxonomiekonforme Wirtschaftstätigkeiten im Bereich fossiles Gas und Kernenergie sind in der Delegierten Verordnung (EU) 2022/1214 der Kommission festgelegt.
Wie hoch ist der Mindestanteil der sozial nachhaltigen Investitionen?
Der Teilfonds investiert mindestens 20% in nachhaltige Anlagen mit einem Sozialziel.
Welche Investitionen fallen unter ,,#2 Andere Investitionen", welcher Anlagezweck wird mit ihnen verfolgt und gibt es einen ökologischen oder sozialen Mindestschutz?
Die verbleibenden Anlagen des Teilfonds erfolgen in Instrumenten, die zum Finanzziel des Teilfonds passen, und für Liquiditätszwecke in liquiden Mitteln und liquiden Mitteln gleichstehenden Mitteln sowie in Derivaten, die als Anlagen und für eine effiziente Portfolioverwaltung eingesetzt werden können.
Zur Gewährleistung eines Mindestmaßes an Umwelt- und Sozialabsicherungen wendet der Teilfonds die Ausschlusskriterien an.

###### Wurde ein Index als Referenzwert bestimmt, um festzustellen, ob dieses Finanzprodukt auf die beworbenen ökologischen und/oder sozialen Merkmale ausgerichtet ist?
Es wird kein bestimmter Index als Referenzbenchmark angegeben, um festzustellen, ob dieses Finanzprodukt zu den geförderten Umwelt- oder Sozialeigenschaften passt.
Bei den Referenzwerten handelt es sich um Indizes, mit denen gemessen wird, ob das Finanzprodukt die beworbenen ökologischen oder sozialen Merkmale erreicht.
Inwiefern ist der Referenzwert kontinuierlich auf die mit dem Finanzprodukt beworbenen ökologischen und sozialen Merkmale ausgerichtet?
Diese Frage ist hier nicht relevant.
Wie wird die kontinuierliche Ausrichtung der Anlagestrategie auf die Indexmethode sichergestellt?
Diese Frage ist hier nicht relevant.
Wie unterscheidet sich der bestimmte Index von einem relevanten breiten Marktindex?
Diese Frage ist hier nicht relevant.
Wo kann die Methode zur Berechnung des bestimmten Indexes eingesehen werden?
Diese Frage ist hier nicht relevant.

###### 	Wo kann ich im Internet weitere produktspezifische Informationen finden?
Weitere produktspezifische Informationen finden Sie auf der Website: https:/www.fidelity.lu/funds/factsheet/LU0261948227/tab-disclosure#SFDR-disclosure
Weitere Informationen zu den hier dargelegten Methoden finden Sie auf der Website: System fürnachhaltiges Investieren (fidelityinternational.com).
Vorvertragliche Informationen zu den in Artikel 8 Absätze 1, 2 und 2a der Verordnung (EU) 2019/2088 und Artikel 6 Absatz 1 der Verordnung (EU) 2020/852 genannten Finanzprodukten
Name des Produkts:	Unternehmenskennung (LEI- Code):
Fidelity Funds - Iberia Fund	549300C6GMKNSN647A81

###### Ökologische und/oder soziale Merkmale
| Werden mit diesem Finanzprodukt nachhaltige Investitionen angestrebt? |
| --- |
|  | - Ja
 |  | Nein |
| - Es wird damit ein MindestanteiI an nachhaltigen Investitionen mit einem Umweltziel getätigt:%
	- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie als ökologisch nachhaltig einzustufen sind
	- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie nicht als ökologisch nachhaltig einzustufen sind

- Es wird damit ein Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel getätigt:%
 | Es werden damit ökologische/soziale Merkmale beworben und obwohl keine nachhaltigen Investitionen angestrebt werden, enthält es einen Mindestanteil von 20% an nachhaltigen Investitionen. - mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie als ökologisch nachhaltig einzustufen sindmit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie nicht als ökologisch nachhaltig einzustufen sindmit einem sozialen Ziel
- Es	werden		damit	ökologische/soziale Merkmale	beworben,		aber	keinenachhaltigen Investitionen getätigt.
 |

Welche ökologischen und/ oder sozialen Merkmale werden mit diesem Finanzprodukt beworben?
Mit Nachhaltigkeitsin- dikatoren wird gemessen, inwieweit die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht werden.
Der Teilfonds fördert Umwelt- und Sozialeigenschaften, indem er in Wertpapiere von Emittenten mit guten ESG-Eigenschaften investiert. Gute ESG-Eigenschaften werden anhand von ESG-Ratings ermittelt. ESG-Ratings berücksichtigen Umwelteigenschaften wie CO2-Intensität, CO2-Emissionen, Energieeffizienz, Wasser- und Abfallmanagement und Biodiversität sowie Sozialeigenschaften wie Produktsicherheit, Lieferkette, Gesundheit und Sicherheit sowie Menschenrechte.
Der Teilfonds ist in gewissem Maße bestrebt, nachhaltige Anlagen zu tätigen.
Es wird keine Referenzbenchmark festgelegt, um die geförderten Umwelt- und Sozialeigenschaften zu erreichen.
einzelnen ökologischen oder sozialen Merkmale, die durch dieses Finanzprodukt beworben werden, herangezogen?
Der Teilfonds verwendet die folgenden Nachhaltigkeitsindikatoren, um die Ausprägung der von ihm geförderten Umwelt- oder Sozialeigenschaften zu messen:
- der  Prozentsatz des Teilfonds, der in Wertpapieren von Emittenten mit guten ESG-Eigenschaften im Einklang mit dem System für nachhaltiges Investieren von Fidelity investiert ist;
- in Bezug auf seine Direktanlagen in Unternehmen als Emittenten der Prozentsatz des Teilfonds, der in Wertpapiere von Emittenten investiert ist, auf die Ausschlusskriterien (wie unten definiert) zutreffen;
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen investiert ist; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel bei Wirtschaftsaktivitäten investiert ist, die gemäß der EU-Taxonomie nicht als ökologisch nachhaltig gelten; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel investiert ist.

Welches sind die Ziele der nachhaltigen Investitionen, die mit dem
Finanzprodukt teilweise getätigt werden sollen, und wie trägt die nachhaltige Investition zu diesen Zielen bei?
Der Teilfonds ermittelt wie folgt, ob eine Anlage nachhaltig ist:
- Emittenten, die wirtschaftliche Tätigkeiten ausüben, die zu einem oder mehreren der in der EU-Taxonomie festgelegten Umweltziele beitragen und gemäß der EU-Taxonomie als ökologisch nachhaltig gelten; oder
- Emittenten, bei denen der Großteil ihrer Geschäftstätigkeit (mehr als 50% des Umsatzes) zu ökologischen oder sozialen Zielen beiträgt, die mit einem oder mehreren der Ziele der Vereinten Nationen für nachhaltige Entwicklung („SDG“) in Einklang stehen; oder
- Emittenten, die ein Dekarbonisierungsziel festgelegt haben, das mit einem Temperaturanstiegsszenario mit 1,5 Grad oder weniger vereinbar ist (überprüft durch die Science Based Target Initiative oder ein Fidelity Proprietary Climate Rating), das als Beitrag zu Umweltzielen angesehen wird;sofern sie keinen wesentlichen Schaden anrichten, Mindestabsicherungen bieten und gute Governance-Kriterien aufweisen.

teilweise getätigt werden sollen, keinem der ökologischen oder sozialen nachhaltigen Anlageziele erheblich schaden?
Nachhaltige Anlagen werden auf ihre Beteiligung an Aktivitäten überprüft, die erheblichen Schaden und Kontroversen verursachen, und durch eine Kontrolle bewertet, ob der Emittent Mindestabsicherungen und -standards hinsichtlich der wichtigsten nachteiligen Auswirkungen (PAI) sowie die Leistung bei den PAI-Kennzahlen umsetzt bzw. erfüllt. Dazu gehören:
- Normenbasierte Filterkriterien – das Filtern von Wertpapieren, die gemäß den bestehenden (unten beschriebenen) normenbasierten Filterkriterien von Fidelity ermittelt wurden, anhand von:
- aktivitätsbasierten Filterkriterien – das Filtern von Emittenten auf der Grundlage ihrer Beteiligung an Aktivitäten mit erheblichen negativen Auswirkungen auf die Gesellschaft oder die Umwelt, darunter Emittenten, bei denen aufgrund der Filterkriterien für Kontroversen eine„sehr gravierende“ Kontroverse vorliegt, die im Bereich
- Umwelt,
- Menschenrechte und Gemeinschaften,
- Arbeitnehmerrechte und Lieferkette,
- Kunden,
- Governance angesiedelt ist; und anhand von
	- PAI-Indikatoren. Quantitative Daten (sofern verfügbar) zu PAI-Indikatoren werden verwendet, um zu bewerten, ob ein Emittent an Aktivitäten beteiligt ist, die einem Umwelt- oder Sozialziel erheblichen Schaden zufügen.


Bei den wichtigsten nachteiligen Auswirkungen handelt es sich um die bedeutendsten nachteiligen Auswirkungen von Investitionsentscheidun- gen auf NachhaItigkeitsfaktoren in den Bereichen Umwelt, Soziales und Beschäftigung, Achtung der Menschenrechte und Bekämpfung von Korruption und Bestechung.
Wie wurden die Indikatoren für nachteilige Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Für nachhaltige Anlagen, wie oben beschrieben, führt Fidelity eine quantitative Bewertung durch, um Emittenten mit einer problematischen Leistung bei PAI-Indikatoren zu ermitteln. Emittenten mit einer niedrigen Punktzahl kommen nur dann für „nachhaltige Anlagen“ infrage, wenn die Fundamentalresearch von Fidelity feststellt, dass der Emittent nicht gegen die Anforderungen verstößt, „keinen wesentlichen Schaden anrichtet“ oder sich auf einem guten Weg befindet, um die nachteiligen Auswirkungen durch effektives Management oder einen Übergang abzumildern.
Wie stehen die nachhaltigen Investitionen mit den OECD-Leitsätzen für multinationale Unternehmen und den Leitprinzipien der Vereinten Nationen für Wirtschaft und
Menschenrechte in Einklang? Nähere Angaben:
Es werden normenbasierte Filterkriterien angewendet: Emittenten, bei denen festgestellt wurde, dass sie sich nicht in einer Weise verhalten, die ihrer grundlegenden Verantwortung in den Bereichen Menschenrechte, Arbeit, Umwelt und Korruptionsbekämpfung im Einklang mit internationalen Normen gerecht wird, darunter denjenigen, die in den OECD-Leitsätzen für multinationale Unternehmen, den Leitprinzipien der Vereinten Nationen für Wirtschaft und Menschenrechte, dem UN Global Compact (UNGC) und den IAO-Standards der Internationalen Arbeitsorganisation (ILO) festgelegt sind, kommen für nachhaltige Investitionen nicht infrage.
In der EU-Taxonomie ist der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" festgelegt, nach dem taxonomiekonforme Investitionen die Ziele der EU-Taxonomie nicht erheblich beeinträchtigen dürfen, und es sind spezifische EU-Kriterien beigefügt. Der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" findet nur bei denjenigen dem Finanzprodukt zugrunde liegenden Investitionen Anwendung, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten berücksichtigen. Die dem verbleibenden Teil dieses  Finanzprodukts zugrunde  liegenden Investitionen berücksichtigen nicht die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten. Alle anderen nachhaltigen Investitionen dürfen ökologische oder soziale Ziele ebenfalls nicht erheblich beeinträchtigen.

###### Werden bei diesem Finanzprodukt die wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Ja
- NeinDie wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren werden mit Hilfe einer Vielzahl von Instrumenten berücksichtigt und in Anlageentscheidungen einbezogen. Hierzu zählen:
- Due Diligence – Analyse, ob die wichtigsten nachteiligen Auswirkungen (PAI) wesentlich und negativ sind.
- ESG-Rating – Fidelity bezieht sich auf ESG-Ratings, die wesentliche nachteilige Auswirkungen wie CO2-Emissionen, Mitarbeitersicherheit, Bestechung und Korruption sowie Wassermanagement berücksichtigen, und bei den von Staaten ausgegebenen Wertpapieren berücksichtigen die verwendeten Ratings wichtige nachteilige Auswirkungen (PAI) wie CO2-Emissionen, Sozialverstöße und die Meinungsfreiheit.
- Ausschlusskriterien – Bei Direktanlagen in Unternehmen als Emittenten wendet der Teilfonds die (unten definierten) Ausschlusskriterien an, um die wichtigsten nachteiligen Auswirkungen abzumildern. Dazu schließt er schädliche Sektoren aus und verbietet Investitionen in Emittenten, die gegen internationale Standards wie den UNGC verstoßen.
- Mitwirkung – Fidelity nutzt Mitwirkung als ein Instrument, um die wichtigsten nachteiligen Auswirkungen besser zu verstehen und sich unter bestimmten Umständen für die Abmilderung der wichtigsten nachteiligen Auswirkungen einzusetzen. Fidelity beteiligt sich an relevanten individuellen und kollaborativen Arten der Mitwirkung, die auf eine Reihe von wichtigen negativen Auswirkungen abzielen (z. B. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Abstimmungsverhalten – Die Abstimmungspolitik von Fidelity umfasst bei Unternehmen als Emittenten explizite Mindeststandards für die Geschlechtervielfalt im Aufsichtsrat und die Auseinandersetzung mit dem Klimawandel. Fidelity kann auch auf eine Weise abstimmen, dass die wichtigsten nachteiligen Auswirkungen abgemildert werden.
- Vierteljährliche Überprüfungen – Überwachung der wichtigsten nachteiligen Auswirkungen (PAI) durch den vierteljährlichen Überprüfungsprozess des Teilfonds.

Wenn es um die Frage geht, ob Investitionen eine wesentliche nachteilige Auswirkung haben, berücksichtigt Fidelity für jeden Nachhaltigkeitsfaktor spezifische Indikatoren. Diese Indikatoren hängen von der Datenverfügbarkeit ab und können sich mit zunehmender Datenqualität und
-verfügbarkeit weiterentwickeln.
Informationen über die wichtigsten nachteiligen Auswirkungen werden im Jahresbericht des Teilfonds zur Verfügung gestellt.
Die Anlagestrategie dient aIs Richtschnur für Investitionsentscheidun- gen, wobei bestimmte Kriterien wie beispielsweise Investitionsziele oder Risikotoleranz
berücksichtigt werden.
Mindestens 50% des Nettovermögens des Teilfonds werden in Wertpapiere investiert, die gute ESG-Eigenschaften aufweisen.
Ob ESG-Eigenschaften gut sind, wird anhand von ESG-Ratings externer Agenturen und von Fidelity ESG-Ratings ermittelt.
Innerhalb dieses Anlageuniversums wählt der Investmentmanager Aktien mit Hilfe rigoroser Bottom-up-Finanzanalysen und -bewertungen aus, um Aktien mit einem Potenzial für hohe Anlagerenditen auszuwählen.
In Bezug auf seine Direktanlagen in Unternehmensemittenten berücksichtigt der Teilfonds:
- eine unternehmensweite Ausschlussliste, die Streumunition und Antipersonenlandminen umfasst; und
- eine normenbasierte Filterung von Emittenten, die nach Ansicht des Investmentmanagers ihre Geschäfte nicht in Übereinstimmung mit internationalen Normen, darunter den im UNGC festgelegten, durchgeführt haben.

Die oben genannten Ausschluss- und Filterkriterien (die „Ausschlusskriterien“) werden möglicherweise von Zeit zu Zeit aktualisiert. Weitere Informationen erhalten Sie auf der Website Sustainable investing framework (fidelityinternational.com).
Es steht zudem im Ermessen des Investmentmanagers, von Zeit zu Zeit erweiterte, strengere Nachhaltigkeitsanforderungen und Ausschlusskriterien anzuwenden.
Worin bestehen die verbindlichen Elemente der Anlagestrategie, die für die Auswahl der Investitionen zur Erfüllung der beworbenen ökologischen oder sozialen Ziele verwendet werden?
Der Teilfonds investiert:
- mindestens  50%  seines  Vermögens in Wertpapiere von Emittenten mit guten ESG-Eigenschaften,
- mindestens 20% in nachhaltige Anlagen, von denen mindestens 0% ein Umweltziel aufweisen, das sich an der EU-Taxonomie orientiert, mindestens 5% ein Umweltziel, das sich nicht an der EU-Taxonomie orientiert, und mindestens 5% ein Sozialziel verfolgen.

Darüber hinaus wird der Teilfonds die oben beschriebenen Ausschlusskriterien systematisch anwenden.
Um welchen Mindestsatz wird der Umfang der vor der Anwendung dieser Anlagestrategie in Betracht gezogenen Investitionen reduziert?
Diese Frage ist hier nicht relevant.
Die Verfahrensweisen einer guten
Unternehmensführung umfassen solide Managementstrukturen, die Beziehungen zu den Arbeitnehmern, die Vergütung von Mitarbeitern sowie die Einhaltung der Steuervorschriften.
Wie werden die Verfahrensweisen einer guten Unternehmensführung der Unternehmen, in die investiert wird, bewertet?
Die Governance-Praktiken der Emittenten werden anhand von Fundamentalresearch bewertet, die Fidelity ESG-Ratings sowie Daten zu Kontroversen und Verstößen gegen den UN Global Compact berücksichtigt.
Zu den wichtigsten Punkten, die analysiert werden, gehören unter anderem die Erfolgsbilanz der Kapitalallokation, die finanzielle Transparenz, Transaktionen mit nahestehenden Parteien, die Unabhängigkeit und Größe des Vorstands, die Vergütung der Führungskräfte, die Abschlussprüfer und die interne Aufsicht sowie die Rechte der Minderheitsanteilinhaber.
Die Vermögensallokation gibt den jeweiligen Anteil der Investitionen in bestimmte Vermögenswerte an.
Taxonomiekonforme Tätigkeiten, ausgedrückt durch den Anteil der:
- Umsatzerlöse, die den Anteil der Einnahmen aus umweltfreundlichenAktivitäten der Unternehmen, in die investiert wird, widerspiegeln
- Investitionsausgaben (CapEx), die die umweltfreundlichen Investitionen der Unternehmen, in die investiert wird, aufzeigen,z.B. für den Übergang zu einer grünen Wirtschaft- Betriebsausgaben (OpEx), die die umweltfreundlichenbetrieblichen Aktivitäten der Unternehmen, in die investiert wird, widerspiegeln(#1 Ausgerichtet an E/S-Eigenschaften) Der Teilfonds investiert nach Möglichkeit:
- mindestens 50% seines	Vermögens	in	Wertpapiere	von	Emittenten	mit	guten ESG-Eigenschaften,
- mindestens 20% seines Vermögens in nachhaltige (#1A nachhaltig) Anlagen, von denen mindestens 0% ein Umweltziel verfolgen (das an der EU-Taxonomie ausgerichtet ist), mindestens 5% ein Umweltziel haben (das nicht an der EU-Taxonomie ausgerichtet ist) und mindestens 5% ein Sozialziel haben. Die übrigen nachhaltigen Anlagen des Teilfonds können ein Umwelt- oder Sozialziel verfolgen.

Sonstige Umweltziele 5%
(#1B Sonstige E/S-Eigenschaften) Umfasst Wertpapiere von Emittenten mit guten ESG-Eigenschaften, die aber keine nachhaltigen Anlagen sind.
#1A Nachhaltige
Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale
50%
Investitionen 20%
#1B Andere ökologische oder soziale Merkmale
Soziales 5%
#2 Andere Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst Investitionen des Finanzprodukts, die zur Erreichung der beworbenen ökologischen oder sozialen Merkmale getätigt wurden.
#2 Andere Investitionen umfasst die übrigen Investitionen des Finanzprodukts, die weder auf ökologische oder soziale Merkmale ausgerichtet sind noch als nachhaltige Investitionen eingestuft werden.
Die Kategorie #1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst folgende Unterkategorien:
Die Unterkategorie #1A Nachhaltige Investitionen umfasst nachhaltige Investitionen mit ökologischen oder sozialen Zielen.
Die Unterkategorie #1B Andere ökologische oder soziale Merkmale umfasst Investitionen, die auf ökologische oder soziale Merkmale ausgerichtet sind, aber nicht als nachhaltige Investitionen eingestuft werden.
Inwiefern werden durch den Einsatz von Derivaten die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht?
Wenn das einem Derivat zugrunde liegende Wertpapier im Einklang mit dem System für nachhaltiges Investieren von Fidelity gute ESG-Eigenschaften aufweist, darf das Derivat zur Feststellung des Teilfondsanteils berücksichtigt werden, der Umwelt- oder Sozialeigenschaften fördert.
In welchem Mindestmaß sind nachhaltige Investitionen mit einem Umweltziel mit der EU-Taxonomie konform?
Der Teilfonds investiert mindestens 0% in nachhaltige Anlagen mit einem Umweltziel, die mit der EU-Taxonomie konform sind.
Die Konformität der Anlagen des Teilfonds mit der EU-Taxonomie wird nicht durch Wirtschaftsprüfer oder mittels einer Überprüfung durch Dritte sichergestellt.
Die Ausrichtung der zugrunde liegenden Anlagen des Teilfonds an der EU-Taxonomie wird anhand des Umsatzes gemessen.
Investiert das Finanzprodukt in Aktivitäten im Zusammenhang mit fossilem Gas und/oder Kernenergie, die der EU-Taxonomie¹ entsprechen?
- JaNein
- In fossiles Gas	In KernenergieWie hoch ist der Mindestanteil der Investitionen in Übergangstätigkeiten und ermöglichende Tätigkeiten?

Der Teilfonds investiert mindestens 0% in Übergangstätigkeiten und ermöglichende Tätigkeiten.
Wie hoch ist der Mindestanteil nachhaltiger Investitionen mit einem Umweltziel, die nicht mit der EU-Taxonomie konform sind?
Der Teilfonds investiert mindestens 5% in nachhaltige Anlagen mit einem Umweltziel, das nicht mit der EU-Taxonomie konform ist.
Die Anlagen können zwar mit der EU-Taxonomie konform sein, aber der Investmentmanager ist derzeit nicht in der Lage, den genauen Anteil der Anlagen des Teilfonds anzugeben, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftstätigkeiten berücksichtigen. Die Position wird jedoch weiterhin überprüft, wenn die zugrunde liegenden Regeln festgelegt sind und im Laufe der Zeit mehr zuverlässige Daten zur Verfügung stehen.
¹ Tätigkeiten im Bereich fossiles Gas und/oder Kernenergie sind nur dann EU-taxonomiekonform, wenn sie zur Eindämmung des Klimawandels („Klimaschutz“) beitragen und kein Ziel der EU-Taxonomie erheblich beeinträchtigen – siehe Erläuterung am linken Rand. Die vollständigen Kriterien für EU-taxonomiekonforme Wirtschaftstätigkeiten im Bereich fossiles Gas und Kernenergie sind in der Delegierten Verordnung (EU) 2022/1214 der Kommission festgelegt.
Wie hoch ist der Mindestanteil der sozial nachhaltigen Investitionen?
Der Teilfonds investiert mindestens 5% in nachhaltige Anlagen mit einem Sozialziel.
Welche Investitionen fallen unter ,,#2 Andere Investitionen", welcher Anlagezweck wird mit ihnen verfolgt und gibt es einen ökologischen oder sozialen Mindestschutz?
Die verbleibenden Anlagen des Teilfonds erfolgen in Instrumenten, die zum Finanzziel des Teilfonds passen, und für Liquiditätszwecke in liquiden Mitteln und liquiden Mitteln gleichstehenden Mitteln sowie in Derivaten, die als Anlagen und für eine effiziente Portfolioverwaltung eingesetzt werden können.
Zur Gewährleistung eines Mindestmaßes an Umwelt- und Sozialabsicherungen wendet der Teilfonds die Ausschlusskriterien an.

###### Wurde ein Index als Referenzwert bestimmt, um festzustellen, ob dieses Finanzprodukt auf die beworbenen ökologischen und/oder sozialen Merkmale ausgerichtet ist?
Es wird kein bestimmter Index als Referenzbenchmark angegeben, um festzustellen, ob dieses Finanzprodukt zu den geförderten Umwelt- oder Sozialeigenschaften passt.
Bei den Referenzwerten handelt es sich um Indizes, mit denen gemessen wird, ob das Finanzprodukt die beworbenen ökologischen oder sozialen Merkmale erreicht.
Inwiefern ist der Referenzwert kontinuierlich auf die mit dem Finanzprodukt beworbenen ökologischen und sozialen Merkmale ausgerichtet?
Diese Frage ist hier nicht relevant.
Wie wird die kontinuierliche Ausrichtung der Anlagestrategie auf die Indexmethode sichergestellt?
Diese Frage ist hier nicht relevant.
Wie unterscheidet sich der bestimmte Index von einem relevanten breiten Marktindex?
Diese Frage ist hier nicht relevant.
Wo kann die Methode zur Berechnung des bestimmten Indexes eingesehen werden?
Diese Frage ist hier nicht relevant.

###### 	Wo kann ich im Internet weitere produktspezifische Informationen finden?
Weitere produktspezifische Informationen finden Sie auf der Website: https:/www.fidelity.lu/funds/factsheet/LU0261948904/tab-disclosure#SFDR-disclosure. 
Weitere Informationen zu den hier dargelegten Methoden finden Sie auf der Website: System fürnachhaltiges Investieren (fidelityinternational.com).
Vorvertragliche Informationen zu den in Artikel 8 Absätze 1, 2 und 2a der Verordnung (EU) 2019/2088 und Artikel 6 Absatz 1 der Verordnung (EU) 2020/852 genannten Finanzprodukten
Name des Produkts:	Unternehmenskennung (LEI- Code):
Fidelity Funds - Italy Fund	549300KCMWWQDPOVF030

###### Ökologische und/oder soziale Merkmale
| Werden mit diesem Finanzprodukt nachhaltige Investitionen angestrebt? |
| --- |
|  | - Ja
 |  | Nein |
| - Es wird damit ein MindestanteiI an nachhaltigen Investitionen mit einem Umweltziel getätigt:%
	- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie als ökologisch nachhaltig einzustufen sind
	- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie nicht als ökologisch nachhaltig einzustufen sind

- Es wird damit ein Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel getätigt:%
 | Es werden damit ökologische/soziale Merkmale beworben und obwohl keine nachhaltigen Investitionen angestrebt werden, enthält es einen Mindestanteil von 20% an nachhaltigen Investitionen. mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie als ökologisch nachhaltig einzustufen sind mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie nicht als ökologisch nachhaltig einzustufen sind mit einem sozialen Ziel - Es	werden		damit	ökologische/soziale Merkmale	beworben,		aber	keinenachhaltigen Investitionen getätigt.
 |

Welche ökologischen und/ oder sozialen Merkmale werden mit diesem Finanzprodukt beworben?
Mit Nachhaltigkeitsin- dikatoren wird gemessen, inwieweit die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht werden.
Der Teilfonds fördert Umwelt- und Sozialeigenschaften, indem er in Wertpapiere von Emittenten mit guten ESG-Eigenschaften investiert. Gute ESG-Eigenschaften werden anhand von ESG-Ratings ermittelt. ESG-Ratings berücksichtigen Umwelteigenschaften wie CO2-Intensität, CO2-Emissionen, Energieeffizienz, Wasser- und Abfallmanagement und Biodiversität sowie Sozialeigenschaften wie Produktsicherheit, Lieferkette, Gesundheit und Sicherheit sowie Menschenrechte.
Der Teilfonds ist in gewissem Maße bestrebt, nachhaltige Anlagen zu tätigen.
Es wird keine Referenzbenchmark festgelegt, um die geförderten Umwelt- und Sozialeigenschaften zu erreichen.
einzelnen ökologischen oder sozialen Merkmale, die durch dieses Finanzprodukt beworben werden, herangezogen?
Der Teilfonds verwendet die folgenden Nachhaltigkeitsindikatoren, um die Ausprägung der von ihm geförderten Umwelt- oder Sozialeigenschaften zu messen:
- der  Prozentsatz des Teilfonds, der in Wertpapieren von Emittenten mit guten ESG-Eigenschaften im Einklang mit dem System für nachhaltiges Investieren von Fidelity investiert ist;
- in Bezug auf seine Direktanlagen in Unternehmen als Emittenten der Prozentsatz des Teilfonds, der in Wertpapiere von Emittenten investiert ist, auf die Ausschlusskriterien (wie unten definiert) zutreffen;
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen investiert ist; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel bei Wirtschaftsaktivitäten investiert ist, die gemäß der EU-Taxonomie als ökologisch nachhaltig gelten;
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel bei Wirtschaftsaktivitäten investiert ist, die gemäß der EU-Taxonomie nicht als ökologisch nachhaltig gelten; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel investiert ist.

Welches sind die Ziele der nachhaltigen Investitionen, die mit dem
Finanzprodukt teilweise getätigt werden sollen, und wie trägt die nachhaltige Investition zu diesen Zielen bei?
Der Teilfonds ermittelt wie folgt, ob eine Anlage nachhaltig ist:
- Emittenten, die wirtschaftliche Tätigkeiten ausüben, die zu einem oder mehreren der in der EU-Taxonomie festgelegten Umweltziele beitragen und gemäß der EU-Taxonomie als ökologisch nachhaltig gelten; oder
- Emittenten, bei denen der Großteil ihrer Geschäftstätigkeit (mehr als 50% des Umsatzes) zu ökologischen oder sozialen Zielen beiträgt, die mit einem oder mehreren der Ziele der Vereinten Nationen für nachhaltige Entwicklung („SDG“) in Einklang stehen; oder
- Emittenten, die ein Dekarbonisierungsziel festgelegt haben, das mit einem Temperaturanstiegsszenario mit 1,5 Grad oder weniger vereinbar ist (überprüft durch die Science Based Target Initiative oder ein Fidelity Proprietary Climate Rating), das als Beitrag zu Umweltzielen angesehen wird;sofern sie keinen wesentlichen Schaden anrichten, Mindestabsicherungen bieten und gute Governance-Kriterien aufweisen.

teilweise getätigt werden sollen, keinem der ökologischen oder sozialen nachhaltigen Anlageziele erheblich schaden?
Nachhaltige Anlagen werden auf ihre Beteiligung an Aktivitäten überprüft, die erheblichen Schaden und Kontroversen verursachen, und durch eine Kontrolle bewertet, ob der Emittent Mindestabsicherungen und -standards hinsichtlich der wichtigsten nachteiligen Auswirkungen (PAI) sowie die Leistung bei den PAI-Kennzahlen umsetzt bzw. erfüllt. Dazu gehören:
- Normenbasierte Filterkriterien – das Filtern von Wertpapieren, die gemäß den bestehenden (unten beschriebenen) normenbasierten Filterkriterien von Fidelity ermittelt wurden, anhand von:
- aktivitätsbasierten Filterkriterien – das Filtern von Emittenten auf der Grundlage ihrer Beteiligung an Aktivitäten mit erheblichen negativen Auswirkungen auf die Gesellschaft oder die Umwelt, darunter Emittenten, bei denen aufgrund der Filterkriterien für Kontroversen eine„sehr gravierende“ Kontroverse vorliegt, die im Bereich
- Umwelt,
- Menschenrechte und Gemeinschaften,
- Arbeitnehmerrechte und Lieferkette,
- Kunden,
- Governance angesiedelt ist; und anhand von
	- PAI-Indikatoren. Quantitative Daten (sofern verfügbar) zu PAI-Indikatoren werden verwendet, um zu bewerten, ob ein Emittent an Aktivitäten beteiligt ist, die einem Umwelt- oder Sozialziel erheblichen Schaden zufügen.


Bei den wichtigsten nachteiligen Auswirkungen handelt es sich um die bedeutendsten nachteiligen Auswirkungen von Investitionsentscheidun- gen auf NachhaItigkeitsfaktoren in den Bereichen Umwelt, Soziales und Beschäftigung, Achtung der Menschenrechte und Bekämpfung von Korruption und Bestechung.
Wie wurden die Indikatoren für nachteilige Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Für nachhaltige Anlagen, wie oben beschrieben, führt Fidelity eine quantitative Bewertung durch, um Emittenten mit einer problematischen Leistung bei PAI-Indikatoren zu ermitteln. Emittenten mit einer niedrigen Punktzahl kommen nur dann für „nachhaltige Anlagen“ infrage, wenn die Fundamentalresearch von Fidelity feststellt, dass der Emittent nicht gegen die Anforderungen verstößt, „keinen wesentlichen Schaden anrichtet“ oder sich auf einem guten Weg befindet, um die nachteiligen Auswirkungen durch effektives Management oder einen Übergang abzumildern.
Wie stehen die nachhaltigen Investitionen mit den OECD-Leitsätzen für multinationale Unternehmen und den Leitprinzipien der Vereinten Nationen für Wirtschaft und
Menschenrechte in Einklang? Nähere Angaben:
Es werden normenbasierte Filterkriterien angewendet: Emittenten, bei denen festgestellt wurde, dass sie sich nicht in einer Weise verhalten, die ihrer grundlegenden Verantwortung in den Bereichen Menschenrechte, Arbeit, Umwelt und Korruptionsbekämpfung im Einklang mit internationalen Normen gerecht wird, darunter denjenigen, die in den OECD-Leitsätzen für multinationale Unternehmen, den Leitprinzipien der Vereinten Nationen für Wirtschaft und Menschenrechte, dem UN Global Compact (UNGC) und den IAO-Standards der Internationalen Arbeitsorganisation (ILO) festgelegt sind, kommen für nachhaltige Investitionen nicht infrage.
In der EU-Taxonomie ist der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" festgelegt, nach dem taxonomiekonforme Investitionen die Ziele der EU-Taxonomie nicht erheblich beeinträchtigen dürfen, und es sind spezifische EU-Kriterien beigefügt. Der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" findet nur bei denjenigen dem Finanzprodukt zugrunde liegenden Investitionen Anwendung, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten berücksichtigen. Die dem verbleibenden Teil dieses  Finanzprodukts zugrunde  liegenden Investitionen berücksichtigen nicht die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten. Alle anderen nachhaltigen Investitionen dürfen ökologische oder soziale Ziele ebenfalls nicht erheblich beeinträchtigen.

###### Werden bei diesem Finanzprodukt die wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Ja
- NeinDie wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren werden mit Hilfe einer Vielzahl von Instrumenten berücksichtigt und in Anlageentscheidungen einbezogen. Hierzu zählen:
- Due Diligence – Analyse, ob die wichtigsten nachteiligen Auswirkungen (PAI) wesentlich und negativ sind.
- ESG-Rating – Fidelity bezieht sich auf ESG-Ratings, die wesentliche nachteilige Auswirkungen wie CO2-Emissionen, Mitarbeitersicherheit, Bestechung und Korruption sowie Wassermanagement berücksichtigen, und bei den von Staaten ausgegebenen Wertpapieren berücksichtigen die verwendeten Ratings wichtige nachteilige Auswirkungen (PAI) wie CO2-Emissionen, Sozialverstöße und die Meinungsfreiheit.
- Ausschlusskriterien – Bei Direktanlagen in Unternehmen als Emittenten wendet der Teilfonds die (unten definierten) Ausschlusskriterien an, um die wichtigsten nachteiligen Auswirkungen abzumildern. Dazu schließt er schädliche Sektoren aus und verbietet Investitionen in Emittenten, die gegen internationale Standards wie den UNGC verstoßen.
- Mitwirkung – Fidelity nutzt Mitwirkung als ein Instrument, um die wichtigsten nachteiligen Auswirkungen besser zu verstehen und sich unter bestimmten Umständen für die Abmilderung der wichtigsten nachteiligen Auswirkungen einzusetzen. Fidelity beteiligt sich an relevanten individuellen und kollaborativen Arten der Mitwirkung, die auf eine Reihe von wichtigen negativen Auswirkungen abzielen (z. B. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Abstimmungsverhalten – Die Abstimmungspolitik von Fidelity umfasst bei Unternehmen als Emittenten explizite Mindeststandards für die Geschlechtervielfalt im Aufsichtsrat und die Auseinandersetzung mit dem Klimawandel. Fidelity kann auch auf eine Weise abstimmen, dass die wichtigsten nachteiligen Auswirkungen abgemildert werden.
- Vierteljährliche Überprüfungen – Überwachung der wichtigsten nachteiligen Auswirkungen (PAI) durch den vierteljährlichen Überprüfungsprozess des Teilfonds.

Wenn es um die Frage geht, ob Investitionen eine wesentliche nachteilige Auswirkung haben, berücksichtigt Fidelity für jeden Nachhaltigkeitsfaktor spezifische Indikatoren. Diese Indikatoren hängen von der Datenverfügbarkeit ab und können sich mit zunehmender Datenqualität und
-verfügbarkeit weiterentwickeln.
Informationen über die wichtigsten nachteiligen Auswirkungen werden im Jahresbericht des Teilfonds zur Verfügung gestellt.
Die Anlagestrategie dient aIs Richtschnur für Investitionsentscheidun- gen, wobei bestimmte Kriterien wie beispielsweise Investitionsziele oder Risikotoleranz
berücksichtigt werden.
Mindestens 50% des Nettovermögens des Teilfonds werden in Wertpapiere investiert, die gute ESG-Eigenschaften aufweisen.
Ob ESG-Eigenschaften gut sind, wird anhand von ESG-Ratings externer Agenturen und von Fidelity ESG-Ratings ermittelt.
Innerhalb dieses Anlageuniversums wählt der Investmentmanager Aktien mit Hilfe rigoroser Bottom-up-Finanzanalysen und -bewertungen aus, um Aktien mit einem Potenzial für hohe Anlagerenditen auszuwählen.
In Bezug auf seine Direktanlagen in Unternehmensemittenten berücksichtigt der Teilfonds:
- eine unternehmensweite Ausschlussliste, die Streumunition und Antipersonenlandminen umfasst; und
- eine normenbasierte Filterung von Emittenten, die nach Ansicht des Investmentmanagers ihre Geschäfte nicht in Übereinstimmung mit internationalen Normen, darunter den im UNGC festgelegten, durchgeführt haben.

Die oben genannten Ausschluss- und Filterkriterien (die „Ausschlusskriterien“) werden möglicherweise von Zeit zu Zeit aktualisiert. Weitere Informationen erhalten Sie auf der Website Sustainable investing framework (fidelityinternational.com).
Es steht zudem im Ermessen des Investmentmanagers, von Zeit zu Zeit erweiterte, strengere Nachhaltigkeitsanforderungen und Ausschlusskriterien anzuwenden.
Worin bestehen die verbindlichen Elemente der Anlagestrategie, die für die Auswahl der Investitionen zur Erfüllung der beworbenen ökologischen oder sozialen Ziele verwendet werden?
Der Teilfonds investiert:
- mindestens 50% seines Vermögens in Emittenten mit guten ESG-Eigenschaften;
- mindestens 20% in nachhaltige Anlagen, von denen mindestens 1% ein Umweltziel verfolgen, das sich an der EU-Taxonomie orientiert, mindestens 1% ein Umweltziel, das sich nicht an der EU-Taxonomie orientiert, und mindestens 5% ein Sozialziel.

Darüber hinaus wird der Teilfonds die oben beschriebenen Ausschlusskriterien systematisch anwenden.
Um welchen Mindestsatz wird der Umfang der vor der Anwendung dieser Anlagestrategie in Betracht gezogenen Investitionen reduziert?
Diese Frage ist hier nicht relevant.
Die Verfahrensweisen einer guten
Unternehmensführung umfassen solide Managementstrukturen, die Beziehungen zu den Arbeitnehmern, die Vergütung von Mitarbeitern sowie die Einhaltung der Steuervorschriften.
Wie werden die Verfahrensweisen einer guten Unternehmensführung der Unternehmen, in die investiert wird, bewertet?
Die Governance-Praktiken der Emittenten werden anhand von Fundamentalresearch bewertet, die Fidelity ESG-Ratings sowie Daten zu Kontroversen und Verstößen gegen den UN Global Compact berücksichtigt.
Zu den wichtigsten Punkten, die analysiert werden, gehören unter anderem die Erfolgsbilanz der Kapitalallokation, die finanzielle Transparenz, Transaktionen mit nahestehenden Parteien, die Unabhängigkeit und Größe des Vorstands, die Vergütung der Führungskräfte, die Abschlussprüfer und die interne Aufsicht sowie die Rechte der Minderheitsanteilinhaber.
Die Vermögensallokation gibt den jeweiligen Anteil der Investitionen in bestimmte Vermögenswerte an.
Taxonomiekonforme Tätigkeiten, ausgedrückt durch den Anteil der:
- Umsatzerlöse, die den Anteil der Einnahmen aus umweltfreundlichenAktivitäten der Unternehmen, in die investiert wird, widerspiegeln
- Investitionsausgaben (CapEx), die die umweltfreundlichen Investitionen der Unternehmen, in die investiert wird, aufzeigen,z.B. für den Übergang zu einer grünen Wirtschaft- Betriebsausgaben (OpEx), die die umweltfreundlichenbetrieblichen Aktivitäten der Unternehmen, in die investiert wird, widerspiegeln(#1 Ausgerichtet an E/S-Eigenschaften) Der Teilfonds investiert nach Möglichkeit:
- mindestens 50% seines	Vermögens	in	Wertpapiere	von	Emittenten	mit	guten ESG-Eigenschaften,
- mindestens 20% seines Vermögens in nachhaltige (#1A nachhaltig) Anlagen, von denen mindestens 1% ein Umweltziel verfolgen (das an der EU-Taxonomie ausgerichtet ist), mindestens 1% ein Umweltziel haben (das nicht an der EU-Taxonomie ausgerichtet ist) und mindestens 5% ein Sozialziel haben. Die übrigen nachhaltigen Anlagen des Teilfonds können ein Umwelt- oder Sozialziel verfolgen.

(#1B Sonstige E/S-Eigenschaften) Umfasst Wertpapiere von Emittenten mit guten ESG-Eigenschaften, die aber keine nachhaltigen Anlagen sind.
Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale
50%
#2 Andere Investitionen
#1A Nachhaltige Investitionen 20%
#1B Andere ökologische oder soziale Merkmale
Taxonomiekonform 1%
Sonstige Umweltziele 1%
Soziales 5%
#1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst Investitionen des Finanzprodukts, die zur Erreichung der beworbenen ökologischen oder sozialen Merkmale getätigt wurden.
#2 Andere Investitionen umfasst die übrigen Investitionen des Finanzprodukts, die weder auf ökologische oder soziale Merkmale ausgerichtet sind noch als nachhaltige Investitionen eingestuft werden.
Die Kategorie #1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst folgende Unterkategorien:
Die Unterkategorie #1A Nachhaltige Investitionen umfasst nachhaltige Investitionen mit ökologischen oder sozialen Zielen.
Die Unterkategorie #1B Andere ökologische oder soziale Merkmale umfasst Investitionen, die auf ökologische oder soziale Merkmale ausgerichtet sind, aber nicht als nachhaltige Investitionen eingestuft werden.
Inwiefern werden durch den Einsatz von Derivaten die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht?
Wenn das einem Derivat zugrunde liegende Wertpapier im Einklang mit dem System für nachhaltiges Investieren von Fidelity gute ESG-Eigenschaften aufweist, darf das Derivat zur Feststellung des Teilfondsanteils berücksichtigt werden, der Umwelt- oder Sozialeigenschaften fördert.
In welchem Mindestmaß sind nachhaltige Investitionen mit einem Umweltziel mit der EU-Taxonomie konform?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Umweltziel, die mit der EU-Taxonomie konform sind.
Die Konformität der Anlagen des Teilfonds mit der EU-Taxonomie wird nicht durch Wirtschaftsprüfer oder mittels einer Überprüfung durch Dritte sichergestellt.
Die Ausrichtung der zugrunde liegenden Anlagen des Teilfonds an der EU-Taxonomie wird anhand des Umsatzes gemessen.
Investiert das Finanzprodukt in Aktivitäten im Zusammenhang mit fossilem Gas und/oder Kernenergie, die der EU-Taxonomie¹ entsprechen?
- JaNein
- In fossiles Gas	In KernenergieWie hoch ist der Mindestanteil der Investitionen in Übergangstätigkeiten und ermöglichende Tätigkeiten?

Der Teilfonds investiert mindestens 0% in Übergangstätigkeiten und ermöglichende Tätigkeiten.
Wie hoch ist der Mindestanteil nachhaltiger Investitionen mit einem Umweltziel, die nicht mit der EU-Taxonomie konform sind?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Umweltziel, das nicht mit der EU-Taxonomie konform ist.
Die Anlagen können zwar mit der EU-Taxonomie konform sein, aber der Investmentmanager ist derzeit nicht in der Lage, den genauen Anteil der Anlagen des Teilfonds anzugeben, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftstätigkeiten berücksichtigen. Die Position wird jedoch weiterhin überprüft, wenn die zugrunde liegenden Regeln festgelegt sind und im Laufe der Zeit mehr zuverlässige Daten zur Verfügung stehen.
¹ Tätigkeiten im Bereich fossiles Gas und/oder Kernenergie sind nur dann EU-taxonomiekonform, wenn sie zur Eindämmung des Klimawandels („Klimaschutz“) beitragen und kein Ziel der EU-Taxonomie erheblich beeinträchtigen – siehe Erläuterung am linken Rand. Die vollständigen Kriterien für EU-taxonomiekonforme Wirtschaftstätigkeiten im Bereich fossiles Gas und Kernenergie sind in der Delegierten Verordnung (EU) 2022/1214 der Kommission festgelegt.
Wie hoch ist der Mindestanteil der sozial nachhaltigen Investitionen?
Der Teilfonds investiert mindestens 5% in nachhaltige Anlagen mit einem Sozialziel.
Welche Investitionen fallen unter ,,#2 Andere Investitionen", welcher Anlagezweck wird mit ihnen verfolgt und gibt es einen ökologischen oder sozialen Mindestschutz?
Die verbleibenden Anlagen des Teilfonds erfolgen in Instrumenten, die zum Finanzziel des Teilfonds passen, und für Liquiditätszwecke in liquiden Mitteln und liquiden Mitteln gleichstehenden Mitteln sowie in Derivaten, die als Anlagen und für eine effiziente Portfolioverwaltung eingesetzt werden können.
Zur Gewährleistung eines Mindestmaßes an Umwelt- und Sozialabsicherungen wendet der Teilfonds die Ausschlusskriterien an.

###### Wurde ein Index als Referenzwert bestimmt, um festzustellen, ob dieses Finanzprodukt auf die beworbenen ökologischen und/oder sozialen Merkmale ausgerichtet ist?
Es wird kein bestimmter Index als Referenzbenchmark angegeben, um festzustellen, ob dieses Finanzprodukt zu den geförderten Umwelt- oder Sozialeigenschaften passt.
Bei den Referenzwerten handelt es sich um Indizes, mit denen gemessen wird, ob das Finanzprodukt die beworbenen ökologischen oder sozialen Merkmale erreicht.
Inwiefern ist der Referenzwert kontinuierlich auf die mit dem Finanzprodukt beworbenen ökologischen und sozialen Merkmale ausgerichtet?
Diese Frage ist hier nicht relevant.
Wie wird die kontinuierliche Ausrichtung der Anlagestrategie auf die Indexmethode sichergestellt?
Diese Frage ist hier nicht relevant.
Wie unterscheidet sich der bestimmte Index von einem relevanten breiten Marktindex?
Diese Frage ist hier nicht relevant.
Wo kann die Methode zur Berechnung des bestimmten Indexes eingesehen werden?
Diese Frage ist hier nicht relevant.

###### 	Wo kann ich im Internet weitere produktspezifische Informationen finden?
Weitere produktspezifische Informationen finden Sie auf der Website: https:/www.fidelity.lu/funds/factsheet/LU0922333322/tab-disclosure#SFDR-disclosure. 
Weitere Informationen zu den hier dargelegten Methoden finden Sie auf der Website: System fürnachhaltiges Investieren (fidelityinternational.com).
Vorvertragliche Informationen zu den in Artikel 8 Absätze 1, 2 und 2a der Verordnung (EU) 2019/2088 und Artikel 6 Absatz 1 der Verordnung (EU) 2020/852 genannten Finanzprodukten
Name des Produkts:	Unternehmenskennung (LEI- Code):
Fidelity Funds - Institutional European Larger Companies Fund	549300ORQ1QXBQUTFE13

###### Ökologische und/oder soziale Merkmale
| Werden mit diesem Finanzprodukt nachhaltige Investitionen angestrebt? |
| --- |
|  | - Ja
 |  | Nein |
| - Es wird damit ein MindestanteiI an nachhaltigen Investitionen mit einem Umweltziel getätigt:%
	- in Wirtschaftstätigkeiten, die nach derEU-Taxonomie als ökologisch nachhaltig einzustufen sind

- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie nicht als ökologisch nachhaltig einzustufen sind
- Es wird damit ein Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel getätigt:%
 | Es werden damit ökologische/soziale Merkmale beworben und obwohl keine nachhaltigen Investitionen angestrebt werden, enthält es einen Mindestanteil von 20% an nachhaltigen Investitionen. - mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie als ökologisch nachhaltig einzustufen sindmit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie nicht als ökologisch nachhaltig einzustufen sindmit einem sozialen Ziel
- Es	werden		damit	ökologische/soziale Merkmale	beworben,		aber	keinenachhaltigen Investitionen getätigt.
 |

Welche ökologischen und/ oder sozialen Merkmale werden mit diesem Finanzprodukt beworben?
Mit Nachhaltigkeitsin- dikatoren wird gemessen, inwieweit die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht werden.
Der Teilfonds fördert Umwelt- und Sozialeigenschaften, indem er in Wertpapiere von Emittenten mit guten ESG-Eigenschaften investiert. Gute ESG-Eigenschaften werden anhand von ESG-Ratings ermittelt. ESG-Ratings berücksichtigen Umwelteigenschaften wie CO2-Intensität, CO2-Emissionen, Energieeffizienz, Wasser- und Abfallmanagement und Biodiversität sowie Sozialeigenschaften wie Produktsicherheit, Lieferkette, Gesundheit und Sicherheit sowie Menschenrechte.
Der Teilfonds ist in gewissem Maße bestrebt, nachhaltige Anlagen zu tätigen.
Es wird keine Referenzbenchmark festgelegt, um die geförderten Umwelt- und Sozialeigenschaften zu erreichen.
einzelnen ökologischen oder sozialen Merkmale, die durch dieses Finanzprodukt beworben werden, herangezogen?
Der Teilfonds verwendet die folgenden Nachhaltigkeitsindikatoren, um die Ausprägung der von ihm geförderten Umwelt- oder Sozialeigenschaften zu messen:
- der  Prozentsatz des Teilfonds, der in Wertpapieren von Emittenten mit guten ESG-Eigenschaften im Einklang mit dem System für nachhaltiges Investieren von Fidelity investiert ist;
- in Bezug auf seine Direktanlagen in Unternehmen als Emittenten der Prozentsatz des Teilfonds, der in Wertpapiere von Emittenten investiert ist, auf die Ausschlusskriterien (wie unten definiert) zutreffen;
- der Prozentsatz des Teilfonds, der in nachhaltige Anlagen investiert ist; und
- der Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Umweltziel bei Wirtschaftsaktivitäten investiert ist, die gemäß der EU-Taxonomie nicht als ökologisch nachhaltig gelten; und
- der Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel investiert ist.

Welches sind die Ziele der nachhaltigen Investitionen, die mit dem
Finanzprodukt teilweise getätigt werden sollen, und wie trägt die nachhaltige Investition zu diesen Zielen bei?
Der Teilfonds ermittelt wie folgt, ob eine Anlage nachhaltig ist:
- Emittenten, die wirtschaftliche Tätigkeiten ausüben, die zu einem oder mehreren der in der EU-Taxonomie festgelegten Umweltziele beitragen und gemäß der EU-Taxonomie als ökologisch nachhaltig gelten; oder
- Emittenten, bei denen der Großteil ihrer Geschäftstätigkeit (mehr als 50% des Umsatzes) zu ökologischen oder sozialen Zielen beiträgt, die mit einem oder mehreren der Ziele der Vereinten Nationen für nachhaltige Entwicklung („SDG“) in Einklang stehen; oder
- Emittenten, die ein Dekarbonisierungsziel festgelegt haben, das mit einem Temperaturanstiegsszenario mit 1,5 Grad oder weniger vereinbar ist (überprüft durch die Science Based Target Initiative oder ein Fidelity Proprietary Climate Rating), das als Beitrag zu Umweltzielen angesehen wird;sofern sie keinen wesentlichen Schaden anrichten, Mindestabsicherungen bieten und gute Governance-Kriterien aufweisen.

teilweise getätigt werden sollen, keinem der ökologischen oder sozialen nachhaltigen Anlageziele erheblich schaden?
Nachhaltige Anlagen werden auf ihre Beteiligung an Aktivitäten überprüft, die erheblichen Schaden und Kontroversen verursachen, und durch eine Kontrolle bewertet, ob der Emittent Mindestabsicherungen und -standards hinsichtlich der wichtigsten nachteiligen Auswirkungen (PAI) sowie die Leistung bei den PAI-Kennzahlen umsetzt bzw. erfüllt. Dazu gehören:
- Normenbasierte Filterkriterien – das Filtern von Wertpapieren, die gemäß den bestehenden (unten beschriebenen) normenbasierten Filterkriterien von Fidelity ermittelt wurden, anhand von:
- aktivitätsbasierten Filterkriterien – das Filtern von Emittenten auf der Grundlage ihrer Beteiligung an Aktivitäten mit erheblichen negativen Auswirkungen auf die Gesellschaft oder die Umwelt, darunter Emittenten, bei denen aufgrund der Filterkriterien für Kontroversen eine„sehr gravierende“ Kontroverse vorliegt, die im Bereich
- Umwelt,
- Menschenrechte und Gemeinschaften,
- Arbeitnehmerrechte und Lieferkette,
- Kunden,
- Governance angesiedelt ist; und anhand von
	- PAI-Indikatoren. Quantitative Daten (sofern verfügbar) zu PAI-Indikatoren werden verwendet, um zu bewerten, ob ein Emittent an Aktivitäten beteiligt ist, die einem Umwelt- oder Sozialziel erheblichen Schaden zufügen.


Bei den wichtigsten nachteiligen Auswirkungen handelt es sich um die bedeutendsten nachteiligen Auswirkungen von Investitionsentscheidun- gen auf NachhaItigkeitsfaktoren in den Bereichen Umwelt, Soziales und Beschäftigung, Achtung der Menschenrechte und Bekämpfung von Korruption und Bestechung.
Wie wurden die Indikatoren für nachteilige Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Für nachhaltige Anlagen, wie oben beschrieben, führt Fidelity eine quantitative Bewertung durch, um Emittenten mit einer problematischen Leistung bei PAI-Indikatoren zu ermitteln. Emittenten mit einer niedrigen Punktzahl kommen nur dann für „nachhaltige Anlagen“ infrage, wenn die Fundamentalresearch von Fidelity feststellt, dass der Emittent nicht gegen die Anforderungen verstößt, „keinen wesentlichen Schaden anrichtet“ oder sich auf einem guten Weg befindet, um die nachteiligen Auswirkungen durch effektives Management oder einen Übergang abzumildern.
Wie stehen die nachhaltigen Investitionen mit den OECD-Leitsätzen für multinationale Unternehmen und den Leitprinzipien der Vereinten Nationen für Wirtschaft und
Menschenrechte in Einklang? Nähere Angaben:
Es werden normenbasierte Filterkriterien angewendet: Emittenten, bei denen festgestellt wurde, dass sie sich nicht in einer Weise verhalten, die ihrer grundlegenden Verantwortung in den Bereichen Menschenrechte, Arbeit, Umwelt und Korruptionsbekämpfung im Einklang mit internationalen Normen gerecht wird, darunter denjenigen, die in den OECD-Leitsätzen für multinationale Unternehmen, den Leitprinzipien der Vereinten Nationen für Wirtschaft und Menschenrechte, dem UN Global Compact (UNGC) und den IAO-Standards der Internationalen Arbeitsorganisation (ILO) festgelegt sind, kommen für nachhaltige Investitionen nicht infrage.
In der EU-Taxonomie ist der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" festgelegt, nach dem taxonomiekonforme Investitionen die Ziele der EU-Taxonomie nicht erheblich beeinträchtigen dürfen, und es sind spezifische EU-Kriterien beigefügt. Der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" findet nur bei denjenigen dem Finanzprodukt zugrunde liegenden Investitionen Anwendung, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten berücksichtigen. Die dem verbleibenden Teil dieses  Finanzprodukts zugrunde  liegenden Investitionen berücksichtigen nicht die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten. Alle anderen nachhaltigen Investitionen dürfen ökologische oder soziale Ziele ebenfalls nicht erheblich beeinträchtigen.

###### Werden bei diesem Finanzprodukt die wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Ja
- NeinDie wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren werden mit Hilfe einer Vielzahl von Instrumenten berücksichtigt und in Anlageentscheidungen einbezogen. Hierzu zählen:
- Due Diligence – Analyse, ob die wichtigsten nachteiligen Auswirkungen (PAI) wesentlich und negativ sind.
- ESG-Rating – Fidelity bezieht sich auf ESG-Ratings, die wesentliche nachteilige Auswirkungen wie CO2-Emissionen, Mitarbeitersicherheit, Bestechung und Korruption sowie Wassermanagement berücksichtigen, und bei den von Staaten ausgegebenen Wertpapieren berücksichtigen die verwendeten Ratings wichtige nachteilige Auswirkungen (PAI) wie CO2-Emissionen, Sozialverstöße und die Meinungsfreiheit.
- Ausschlusskriterien – Bei Direktanlagen in Unternehmen als Emittenten wendet der Teilfonds die (unten definierten) Ausschlusskriterien an, um die wichtigsten nachteiligen Auswirkungen abzumildern. Dazu schließt er schädliche Sektoren aus und verbietet Investitionen in Emittenten, die gegen internationale Standards wie den UNGC verstoßen.
- Mitwirkung – Fidelity nutzt Mitwirkung als ein Instrument, um die wichtigsten nachteiligen Auswirkungen besser zu verstehen und sich unter bestimmten Umständen für die Abmilderung der wichtigsten nachteiligen Auswirkungen einzusetzen. Fidelity beteiligt sich an relevanten individuellen und kollaborativen Arten der Mitwirkung, die auf eine Reihe von wichtigen negativen Auswirkungen abzielen (z. B. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Abstimmungsverhalten – Die Abstimmungspolitik von Fidelity umfasst bei Unternehmen als Emittenten explizite Mindeststandards für die Geschlechtervielfalt im Aufsichtsrat und die Auseinandersetzung mit dem Klimawandel. Fidelity kann auch auf eine Weise abstimmen, dass die wichtigsten nachteiligen Auswirkungen abgemildert werden.
- Vierteljährliche Überprüfungen – Überwachung der wichtigsten nachteiligen Auswirkungen (PAI) durch den vierteljährlichen Überprüfungsprozess des Teilfonds.

Wenn es um die Frage geht, ob Investitionen eine wesentliche nachteilige Auswirkung haben, berücksichtigt Fidelity für jeden Nachhaltigkeitsfaktor spezifische Indikatoren. Diese Indikatoren hängen von der Datenverfügbarkeit ab und können sich mit zunehmender Datenqualität und
-verfügbarkeit weiterentwickeln.
Informationen über die wichtigsten nachteiligen Auswirkungen werden im Jahresbericht des Teilfonds zur Verfügung gestellt.
Die Anlagestrategie dient aIs Richtschnur für Investitionsentscheidun- gen, wobei bestimmte Kriterien wie beispielsweise Investitionsziele oder Risikotoleranz
berücksichtigt werden.
Mindestens 50% des Nettovermögens des Teilfonds werden in Wertpapiere investiert, die gute ESG-Eigenschaften aufweisen.
Ob ESG-Eigenschaften gut sind, wird anhand von ESG-Ratings externer Agenturen und von Fidelity ESG-Ratings ermittelt.
Innerhalb dieses Anlageuniversums wählt der Investmentmanager Aktien mit Hilfe rigoroser Bottom-up-Finanzanalysen und -bewertungen aus, um Aktien mit einem Potenzial für hohe Anlagerenditen auszuwählen.
In Bezug auf seine Direktanlagen in Unternehmensemittenten berücksichtigt der Teilfonds:
- eine unternehmensweite Ausschlussliste, die Streumunition und Antipersonenlandminen umfasst; und
- eine normenbasierte Filterung von Emittenten, die nach Ansicht des Investmentmanagers ihre Geschäfte nicht in Übereinstimmung mit internationalen Normen, darunter den im UNGC festgelegten, durchgeführt haben.

Die oben genannten Ausschluss- und Filterkriterien (die „Ausschlusskriterien“) werden möglicherweise von Zeit zu Zeit aktualisiert. Weitere Informationen erhalten Sie auf der Website Sustainable investing framework (fidelityinternational.com).
Es steht zudem im Ermessen des Investmentmanagers, von Zeit zu Zeit erweiterte, strengere Nachhaltigkeitsanforderungen und Ausschlusskriterien anzuwenden.
Worin bestehen die verbindlichen Elemente der Anlagestrategie, die für die Auswahl der Investitionen zur Erfüllung der beworbenen ökologischen oder sozialen Ziele verwendet werden?
Der Teilfonds investiert:
- mindestens  50%  seines  Vermögens in Wertpapiere von Emittenten mit guten ESG-Eigenschaften,
- mindestens 20% in nachhaltige Anlagen, von denen mindestens 0% ein Umweltziel aufweisen, das sich an der EU-Taxonomie orientiert, mindestens 1% ein Umweltziel, das sich nicht an der EU-Taxonomie orientiert, und mindestens 1% ein Sozialziel verfolgen.

Darüber hinaus wird der Teilfonds die oben beschriebenen Ausschlusskriterien systematisch anwenden.
Um welchen Mindestsatz wird der Umfang der vor der Anwendung dieser Anlagestrategie in Betracht gezogenen Investitionen reduziert?
Diese Frage ist hier nicht relevant.
Die Verfahrensweisen einer guten
Unternehmensführung umfassen solide Managementstrukturen, die Beziehungen zu den Arbeitnehmern, die Vergütung von Mitarbeitern sowie die Einhaltung der Steuervorschriften.
Wie werden die Verfahrensweisen einer guten Unternehmensführung der Unternehmen, in die investiert wird, bewertet?
Die Governance-Praktiken der Emittenten werden anhand von Fundamentalresearch bewertet, die Fidelity ESG-Ratings sowie Daten zu Kontroversen und Verstößen gegen den UN Global Compact berücksichtigt.
Zu den wichtigsten Punkten, die analysiert werden, gehören unter anderem die Erfolgsbilanz der Kapitalallokation, die finanzielle Transparenz, Transaktionen mit nahestehenden Parteien, die Unabhängigkeit und Größe des Vorstands, die Vergütung der Führungskräfte, die Abschlussprüfer und die interne Aufsicht sowie die Rechte der Minderheitsanteilinhaber.
Die Vermögensallokation gibt den jeweiligen Anteil der Investitionen in bestimmte Vermögenswerte an.
Taxonomiekonforme Tätigkeiten, ausgedrückt durch den Anteil der:
- Umsatzerlöse, die den Anteil der Einnahmen aus umweltfreundlichenAktivitäten der Unternehmen, in die investiert wird, widerspiegeln
- Investitionsausgaben (CapEx), die die umweltfreundlichen Investitionen der Unternehmen, in die investiert wird, aufzeigen,z.B. für den Übergang zu einer grünen Wirtschaft- Betriebsausgaben (OpEx), die die umweltfreundlichenbetrieblichen Aktivitäten der Unternehmen, in die investiert wird, widerspiegeln(#1 Ausgerichtet an E/S-Eigenschaften) Der Teilfonds investiert nach Möglichkeit:
- mindestens 50% seines	Vermögens	in	Wertpapiere	von	Emittenten	mit	guten ESG-Eigenschaften,
- mindestens 20% seines Vermögens in nachhaltige (#1A nachhaltig) Anlagen, von denen mindestens 0% ein Umweltziel verfolgen (das an der EU-Taxonomie ausgerichtet ist), mindestens 1% ein Umweltziel haben (das nicht an der EU-Taxonomie ausgerichtet ist) und mindestens 1% ein Sozialziel haben. Die übrigen nachhaltigen Anlagen des Teilfonds können ein Umwelt- oder Sozialziel verfolgen.

Sonstige Umweltziele 1%
(#1B Sonstige E/S-Eigenschaften) Umfasst Wertpapiere von Emittenten mit guten ESG-Eigenschaften, die aber keine nachhaltigen Anlagen sind.
#1A Nachhaltige
Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale
50%
Investitionen 20%
#1B Andere ökologische oder soziale Merkmale
Soziales 1%
#2 Andere Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst Investitionen des Finanzprodukts, die zur Erreichung der beworbenen ökologischen oder sozialen Merkmale getätigt wurden.
#2 Andere Investitionen umfasst die übrigen Investitionen des Finanzprodukts, die weder auf ökologische oder soziale Merkmale ausgerichtet sind noch als nachhaltige Investitionen eingestuft werden.
Die Kategorie #1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst folgende Unterkategorien:
Die Unterkategorie #1A Nachhaltige Investitionen umfasst nachhaltige Investitionen mit ökologischen oder sozialen Zielen.
Die Unterkategorie #1B Andere ökologische oder soziale Merkmale umfasst Investitionen, die auf ökologische oder soziale Merkmale ausgerichtet sind, aber nicht als nachhaltige Investitionen eingestuft werden.
Inwiefern werden durch den Einsatz von Derivaten die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht?
Wenn das einem Derivat zugrunde liegende Wertpapier im Einklang mit dem System für nachhaltiges Investieren von Fidelity gute ESG-Eigenschaften aufweist, darf das Derivat zur Feststellung des Teilfondsanteils berücksichtigt werden, der Umwelt- oder Sozialeigenschaften fördert.
In welchem Mindestmaß sind nachhaltige Investitionen mit einem Umweltziel mit der EU-Taxonomie konform?
Der Teilfonds investiert mindestens 0% in nachhaltige Anlagen mit einem Umweltziel, die mit der EU-Taxonomie konform sind.
Die Konformität der Anlagen des Teilfonds mit der EU-Taxonomie wird nicht durch Wirtschaftsprüfer oder mittels einer Überprüfung durch Dritte sichergestellt.
Die Ausrichtung der zugrunde liegenden Anlagen des Teilfonds an der EU-Taxonomie wird anhand des Umsatzes gemessen.
Investiert das Finanzprodukt in Aktivitäten im Zusammenhang mit fossilem Gas und/oder Kernenergie, die der EU-Taxonomie¹ entsprechen?
- JaNein
- In fossiles Gas	In KernenergieWie hoch ist der Mindestanteil der Investitionen in Übergangstätigkeiten und ermöglichende Tätigkeiten?

Der Teilfonds investiert mindestens 0% in Übergangstätigkeiten und ermöglichende Tätigkeiten.
Wie hoch ist der Mindestanteil nachhaltiger Investitionen mit einem Umweltziel, die nicht mit der EU-Taxonomie konform sind?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Umweltziel, das nicht mit der EU-Taxonomie konform ist.
Die Anlagen können zwar mit der EU-Taxonomie konform sein, aber der Investmentmanager ist derzeit nicht in der Lage, den genauen Anteil der Anlagen des Teilfonds anzugeben, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftstätigkeiten berücksichtigen. Die Position wird jedoch weiterhin überprüft, wenn die zugrunde liegenden Regeln festgelegt sind und im Laufe der Zeit mehr zuverlässige Daten zur Verfügung stehen.
¹ Tätigkeiten im Bereich fossiles Gas und/oder Kernenergie sind nur dann EU-taxonomiekonform, wenn sie zur Eindämmung des Klimawandels („Klimaschutz“) beitragen und kein Ziel der EU-Taxonomie erheblich beeinträchtigen – siehe Erläuterung am linken Rand. Die vollständigen Kriterien für EU-taxonomiekonforme Wirtschaftstätigkeiten im Bereich fossiles Gas und Kernenergie sind in der Delegierten Verordnung (EU) 2022/1214 der Kommission festgelegt.
Wie hoch ist der Mindestanteil der sozial nachhaltigen Investitionen?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Sozialziel.
Welche Investitionen fallen unter ,,#2 Andere Investitionen", welcher Anlagezweck wird mit ihnen verfolgt und gibt es einen ökologischen oder sozialen Mindestschutz?
Die verbleibenden Anlagen des Teilfonds erfolgen in Instrumenten, die zum Finanzziel des Teilfonds passen, und für Liquiditätszwecke in liquiden Mitteln und liquiden Mitteln gleichstehenden Mitteln sowie in Derivaten, die als Anlagen und für eine effiziente Portfolioverwaltung eingesetzt werden können.
Zur Gewährleistung eines Mindestmaßes an Umwelt- und Sozialabsicherungen wendet der Teilfonds die Ausschlusskriterien an.

###### Wurde ein Index als Referenzwert bestimmt, um festzustellen, ob dieses Finanzprodukt auf die beworbenen ökologischen und/oder sozialen Merkmale ausgerichtet ist?
Es wird kein bestimmter Index als Referenzbenchmark angegeben, um festzustellen, ob dieses Finanzprodukt zu den geförderten Umwelt- oder Sozialeigenschaften passt.
Bei den Referenzwerten handelt es sich um Indizes, mit denen gemessen wird, ob das Finanzprodukt die beworbenen ökologischen oder sozialen Merkmale erreicht.
Inwiefern ist der Referenzwert kontinuierlich auf die mit dem Finanzprodukt beworbenen ökologischen und sozialen Merkmale ausgerichtet?
Diese Frage ist hier nicht relevant.
Wie wird die kontinuierliche Ausrichtung der Anlagestrategie auf die Indexmethode sichergestellt?
Diese Frage ist hier nicht relevant.
Wie unterscheidet sich der bestimmte Index von einem relevanten breiten Marktindex?
Diese Frage ist hier nicht relevant.
Wo kann die Methode zur Berechnung des bestimmten Indexes eingesehen werden?
Diese Frage ist hier nicht relevant.

###### 	Wo kann ich im Internet weitere produktspezifische Informationen finden?
Weitere produktspezifische Informationen finden Sie auf der Website: https:/www.fidelity.lu/funds/factsheet/LU2038752072/tab-disclosure#SFDR-disclosure. 
Weitere Informationen zu den hier dargelegten Methoden finden Sie auf der Website: System fürnachhaltiges Investieren (fidelityinternational.com).
Vorvertragliche Informationen zu den in Artikel 8 Absätze 1, 2 und 2a der Verordnung (EU) 2019/2088 und Artikel 6 Absatz 1 der Verordnung (EU) 2020/852 genannten Finanzprodukten
Name des Produkts:	Unternehmenskennung (LEI- Code):
Fidelity Funds - Nordic Fund	549300WNSLR4RK6UO898

###### Ökologische und/oder soziale Merkmale
| Werden mit diesem Finanzprodukt nachhaltige Investitionen angestrebt? |
| --- |
|  | - Ja
 |  | Nein |
| - Es wird damit ein MindestanteiI an nachhaltigen Investitionen mit einem Umweltziel getätigt:%
	- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie als ökologisch nachhaltig einzustufen sind
	- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie nicht als ökologisch nachhaltig einzustufen sind

- Es wird damit ein Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel getätigt:%
 | Es werden damit ökologische/soziale Merkmale beworben und obwohl keine nachhaltigen Investitionen angestrebt werden, enthält es einen Mindestanteil von 20% an nachhaltigen Investitionen. - mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie als ökologisch nachhaltig einzustufen sindmit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie nicht als ökologisch nachhaltig einzustufen sindmit einem sozialen Ziel
- Es	werden		damit	ökologische/soziale Merkmale	beworben,		aber	keinenachhaltigen Investitionen getätigt.
 |

Welche ökologischen und/ oder sozialen Merkmale werden mit diesem Finanzprodukt beworben?
Mit Nachhaltigkeitsin- dikatoren wird gemessen, inwieweit die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht werden.
Der Teilfonds fördert Umwelt- und Sozialeigenschaften, indem er in Wertpapiere von Emittenten mit guten ESG-Eigenschaften investiert. Gute ESG-Eigenschaften werden anhand von ESG-Ratings ermittelt. ESG-Ratings berücksichtigen Umwelteigenschaften wie CO2-Intensität, CO2-Emissionen, Energieeffizienz, Wasser- und Abfallmanagement und Biodiversität sowie Sozialeigenschaften wie Produktsicherheit, Lieferkette, Gesundheit und Sicherheit sowie Menschenrechte.
Der Teilfonds ist in gewissem Maße bestrebt, nachhaltige Anlagen zu tätigen.
Es wird keine Referenzbenchmark festgelegt, um die geförderten Umwelt- und Sozialeigenschaften zu erreichen.
einzelnen ökologischen oder sozialen Merkmale, die durch dieses Finanzprodukt beworben werden, herangezogen?
Der Teilfonds verwendet die folgenden Nachhaltigkeitsindikatoren, um die Ausprägung der von ihm geförderten Umwelt- oder Sozialeigenschaften zu messen:
- der  Prozentsatz des Teilfonds, der in Wertpapieren von Emittenten mit guten ESG-Eigenschaften im Einklang mit dem System für nachhaltiges Investieren von Fidelity investiert ist;
- in Bezug auf seine Direktanlagen in Unternehmen als Emittenten der Prozentsatz des Teilfonds, der in Wertpapiere von Emittenten investiert ist, auf die Ausschlusskriterien (wie unten definiert) zutreffen;
- der Prozentsatz des Teilfonds, der in nachhaltige Anlagen investiert ist; und
- der Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Umweltziel bei Wirtschaftsaktivitäten investiert ist, die gemäß der EU-Taxonomie nicht als ökologisch nachhaltig gelten; und
- der Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel investiert ist.

Welches sind die Ziele der nachhaltigen Investitionen, die mit dem
Finanzprodukt teilweise getätigt werden sollen, und wie trägt die nachhaltige Investition zu diesen Zielen bei?
Der Teilfonds ermittelt wie folgt, ob eine Anlage nachhaltig ist:
- Emittenten, die wirtschaftliche Tätigkeiten ausüben, die zu einem oder mehreren der in der EU-Taxonomie festgelegten Umweltziele beitragen und gemäß der EU-Taxonomie als ökologisch nachhaltig gelten; oder
- Emittenten, bei denen der Großteil ihrer Geschäftstätigkeit (mehr als 50% des Umsatzes) zu ökologischen oder sozialen Zielen beiträgt, die mit einem oder mehreren der Ziele der Vereinten Nationen für nachhaltige Entwicklung („SDG“) in Einklang stehen; oder
- Emittenten, die ein Dekarbonisierungsziel festgelegt haben, das mit einem Temperaturanstiegsszenario mit 1,5 Grad oder weniger vereinbar ist (überprüft durch die Science Based Target Initiative oder ein Fidelity Proprietary Climate Rating), das als Beitrag zu Umweltzielen angesehen wird;sofern sie keinen wesentlichen Schaden anrichten, Mindestabsicherungen bieten und gute Governance-Kriterien aufweisen.

teilweise getätigt werden sollen, keinem der ökologischen oder sozialen nachhaltigen Anlageziele erheblich schaden?
Nachhaltige Anlagen werden auf ihre Beteiligung an Aktivitäten überprüft, die erheblichen Schaden und Kontroversen verursachen, und durch eine Kontrolle bewertet, ob der Emittent Mindestabsicherungen und -standards hinsichtlich der wichtigsten nachteiligen Auswirkungen (PAI) sowie die Leistung bei den PAI-Kennzahlen umsetzt bzw. erfüllt. Dazu gehören:
- Normenbasierte Filterkriterien – das Filtern von Wertpapieren, die gemäß den bestehenden (unten beschriebenen) normenbasierten Filterkriterien von Fidelity ermittelt wurden, anhand von:
- aktivitätsbasierten Filterkriterien – das Filtern von Emittenten auf der Grundlage ihrer Beteiligung an Aktivitäten mit erheblichen negativen Auswirkungen auf die Gesellschaft oder die Umwelt, darunter Emittenten, bei denen aufgrund der Filterkriterien für Kontroversen eine„sehr gravierende“ Kontroverse vorliegt, die im Bereich
- Umwelt,
- Menschenrechte und Gemeinschaften,
- Arbeitnehmerrechte und Lieferkette,
- Kunden,
- Governance angesiedelt ist; und anhand von
	- PAI-Indikatoren. Quantitative Daten (sofern verfügbar) zu PAI-Indikatoren werden verwendet, um zu bewerten, ob ein Emittent an Aktivitäten beteiligt ist, die einem Umwelt- oder Sozialziel erheblichen Schaden zufügen.


Bei den wichtigsten nachteiligen Auswirkungen handelt es sich um die bedeutendsten nachteiligen Auswirkungen von Investitionsentscheidun- gen auf NachhaItigkeitsfaktoren in den Bereichen Umwelt, Soziales und Beschäftigung, Achtung der Menschenrechte und Bekämpfung von Korruption und Bestechung.
Wie wurden die Indikatoren für nachteilige Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Für nachhaltige Anlagen, wie oben beschrieben, führt Fidelity eine quantitative Bewertung durch, um Emittenten mit einer problematischen Leistung bei PAI-Indikatoren zu ermitteln. Emittenten mit einer niedrigen Punktzahl kommen nur dann für „nachhaltige Anlagen“ infrage, wenn die Fundamentalresearch von Fidelity feststellt, dass der Emittent nicht gegen die Anforderungen verstößt, „keinen wesentlichen Schaden anrichtet“ oder sich auf einem guten Weg befindet, um die nachteiligen Auswirkungen durch effektives Management oder einen Übergang abzumildern.
Wie stehen die nachhaltigen Investitionen mit den OECD-Leitsätzen für multinationale Unternehmen und den Leitprinzipien der Vereinten Nationen für Wirtschaft und
Menschenrechte in Einklang? Nähere Angaben:
Es werden normenbasierte Filterkriterien angewendet: Emittenten, bei denen festgestellt wurde, dass sie sich nicht in einer Weise verhalten, die ihrer grundlegenden Verantwortung in den Bereichen Menschenrechte, Arbeit, Umwelt und Korruptionsbekämpfung im Einklang mit internationalen Normen gerecht wird, darunter denjenigen, die in den OECD-Leitsätzen für multinationale Unternehmen, den Leitprinzipien der Vereinten Nationen für Wirtschaft und Menschenrechte, dem UN Global Compact (UNGC) und den IAO-Standards der Internationalen Arbeitsorganisation (ILO) festgelegt sind, kommen für nachhaltige Investitionen nicht infrage.
In der EU-Taxonomie ist der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" festgelegt, nach dem taxonomiekonforme Investitionen die Ziele der EU-Taxonomie nicht erheblich beeinträchtigen dürfen, und es sind spezifische EU-Kriterien beigefügt. Der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" findet nur bei denjenigen dem Finanzprodukt zugrunde liegenden Investitionen Anwendung, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten berücksichtigen. Die dem verbleibenden Teil dieses  Finanzprodukts zugrunde  liegenden Investitionen berücksichtigen nicht die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten. Alle anderen nachhaltigen Investitionen dürfen ökologische oder soziale Ziele ebenfalls nicht erheblich beeinträchtigen.

###### Werden bei diesem Finanzprodukt die wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Ja
- NeinDie wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren werden mit Hilfe einer Vielzahl von Instrumenten berücksichtigt und in Anlageentscheidungen einbezogen. Hierzu zählen:
- Due Diligence – Analyse, ob die wichtigsten nachteiligen Auswirkungen (PAI) wesentlich und negativ sind.
- ESG-Rating – Fidelity bezieht sich auf ESG-Ratings, die wesentliche nachteilige Auswirkungen wie CO2-Emissionen, Mitarbeitersicherheit, Bestechung und Korruption sowie Wassermanagement berücksichtigen, und bei den von Staaten ausgegebenen Wertpapieren berücksichtigen die verwendeten Ratings wichtige nachteilige Auswirkungen (PAI) wie CO2-Emissionen, Sozialverstöße und die Meinungsfreiheit.
- Ausschlusskriterien – Bei Direktanlagen in Unternehmen als Emittenten wendet der Teilfonds die (unten definierten) Ausschlusskriterien an, um die wichtigsten nachteiligen Auswirkungen abzumildern. Dazu schließt er schädliche Sektoren aus und verbietet Investitionen in Emittenten, die gegen internationale Standards wie den UNGC verstoßen.
- Mitwirkung – Fidelity nutzt Mitwirkung als ein Instrument, um die wichtigsten nachteiligen Auswirkungen besser zu verstehen und sich unter bestimmten Umständen für die Abmilderung der wichtigsten nachteiligen Auswirkungen einzusetzen. Fidelity beteiligt sich an relevanten individuellen und kollaborativen Arten der Mitwirkung, die auf eine Reihe von wichtigen negativen Auswirkungen abzielen (z. B. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Abstimmungsverhalten – Die Abstimmungspolitik von Fidelity umfasst bei Unternehmen als Emittenten explizite Mindeststandards für die Geschlechtervielfalt im Aufsichtsrat und die Auseinandersetzung mit dem Klimawandel. Fidelity kann auch auf eine Weise abstimmen, dass die wichtigsten nachteiligen Auswirkungen abgemildert werden.
- Vierteljährliche Überprüfungen – Überwachung der wichtigsten nachteiligen Auswirkungen (PAI) durch den vierteljährlichen Überprüfungsprozess des Teilfonds.

Wenn es um die Frage geht, ob Investitionen eine wesentliche nachteilige Auswirkung haben, berücksichtigt Fidelity für jeden Nachhaltigkeitsfaktor spezifische Indikatoren. Diese Indikatoren hängen von der Datenverfügbarkeit ab und können sich mit zunehmender Datenqualität und
-verfügbarkeit weiterentwickeln.
Informationen über die wichtigsten nachteiligen Auswirkungen werden im Jahresbericht des Teilfonds zur Verfügung gestellt.
Die Anlagestrategie dient aIs Richtschnur für Investitionsentscheidun- gen, wobei bestimmte Kriterien wie beispielsweise Investitionsziele oder Risikotoleranz
berücksichtigt werden.
Mindestens 50% des Nettovermögens des Teilfonds werden in Wertpapiere investiert, die gute ESG-Eigenschaften aufweisen.
Ob ESG-Eigenschaften gut sind, wird anhand von ESG-Ratings externer Agenturen und von Fidelity ESG-Ratings ermittelt.
Innerhalb dieses Anlageuniversums wählt der Investmentmanager Aktien mit Hilfe rigoroser Bottom-up-Finanzanalysen und -bewertungen aus, um Aktien mit einem Potenzial für hohe Anlagerenditen auszuwählen.
In Bezug auf seine Direktanlagen in Unternehmensemittenten berücksichtigt der Teilfonds:
- eine unternehmensweite Ausschlussliste, die Streumunition und Antipersonenlandminen umfasst; und
- eine normenbasierte Filterung von Emittenten, die nach Ansicht des Investmentmanagers ihre Geschäfte nicht in Übereinstimmung mit internationalen Normen, darunter den im UNGC festgelegten, durchgeführt haben.

Die oben genannten Ausschluss- und Filterkriterien (die „Ausschlusskriterien“) werden möglicherweise von Zeit zu Zeit aktualisiert. Weitere Informationen erhalten Sie auf der Website Sustainable investing framework (fidelityinternational.com).
Es steht zudem im Ermessen des Investmentmanagers, von Zeit zu Zeit erweiterte, strengere Nachhaltigkeitsanforderungen und Ausschlusskriterien anzuwenden.
Worin bestehen die verbindlichen Elemente der Anlagestrategie, die für die Auswahl der Investitionen zur Erfüllung der beworbenen ökologischen oder sozialen Ziele verwendet werden?
Der Teilfonds investiert:
- mindestens  50%  seines  Vermögens in Wertpapiere von Emittenten mit guten ESG-Eigenschaften,
- mindestens 20% in nachhaltige Anlagen, von denen mindestens 0% ein Umweltziel aufweisen, das sich an der EU-Taxonomie orientiert, mindestens 1% ein Umweltziel, das sich nicht an der EU-Taxonomie orientiert, und mindestens 5% ein Sozialziel verfolgen.

Darüber hinaus wird der Teilfonds die oben beschriebenen Ausschlusskriterien systematisch anwenden.
Um welchen Mindestsatz wird der Umfang der vor der Anwendung dieser Anlagestrategie in Betracht gezogenen Investitionen reduziert?
Diese Frage ist hier nicht relevant.
Die Verfahrensweisen einer guten
Unternehmensführung umfassen solide Managementstrukturen, die Beziehungen zu den Arbeitnehmern, die Vergütung von Mitarbeitern sowie die Einhaltung der Steuervorschriften.
Wie werden die Verfahrensweisen einer guten Unternehmensführung der Unternehmen, in die investiert wird, bewertet?
Die Governance-Praktiken der Emittenten werden anhand von Fundamentalresearch bewertet, die Fidelity ESG-Ratings sowie Daten zu Kontroversen und Verstößen gegen den UN Global Compact berücksichtigt.
Zu den wichtigsten Punkten, die analysiert werden, gehören unter anderem die Erfolgsbilanz der Kapitalallokation, die finanzielle Transparenz, Transaktionen mit nahestehenden Parteien, die Unabhängigkeit und Größe des Vorstands, die Vergütung der Führungskräfte, die Abschlussprüfer und die interne Aufsicht sowie die Rechte der Minderheitsanteilinhaber.
Die Vermögensallokation gibt den jeweiligen Anteil der Investitionen in bestimmte Vermögenswerte an.
Taxonomiekonforme Tätigkeiten, ausgedrückt durch den Anteil der:
- Umsatzerlöse, die den Anteil der Einnahmen aus umweltfreundlichenAktivitäten der Unternehmen, in die investiert wird, widerspiegeln
- Investitionsausgaben (CapEx), die die umweltfreundlichen Investitionen der Unternehmen, in die investiert wird, aufzeigen,z.B. für den Übergang zu einer grünen Wirtschaft- Betriebsausgaben (OpEx), die die umweltfreundlichenbetrieblichen Aktivitäten der Unternehmen, in die investiert wird, widerspiegeln(#1 Ausgerichtet an E/S-Eigenschaften) Der Teilfonds investiert nach Möglichkeit:
- mindestens 50% seines	Vermögens	in	Wertpapiere	von	Emittenten	mit	guten ESG-Eigenschaften,
- mindestens 20% seines Vermögens in nachhaltige (#1A nachhaltig) Anlagen, von denen mindestens 0% ein Umweltziel verfolgen (das an der EU-Taxonomie ausgerichtet ist), mindestens 1% ein Umweltziel haben (das nicht an der EU-Taxonomie ausgerichtet ist) und mindestens 5% ein Sozialziel haben. Die übrigen nachhaltigen Anlagen des Teilfonds können ein Umwelt- oder Sozialziel verfolgen.

Sonstige Umweltziele 1%
(#1B Sonstige E/S-Eigenschaften) Umfasst Wertpapiere von Emittenten mit guten ESG-Eigenschaften, die aber keine nachhaltigen Anlagen sind.
#1A Nachhaltige
Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale
50%
Investitionen 20%
#1B Andere ökologische oder soziale Merkmale
Soziales 5%
#2 Andere Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst Investitionen des Finanzprodukts, die zur Erreichung der beworbenen ökologischen oder sozialen Merkmale getätigt wurden.
#2 Andere Investitionen umfasst die übrigen Investitionen des Finanzprodukts, die weder auf ökologische oder soziale Merkmale ausgerichtet sind noch als nachhaltige Investitionen eingestuft werden.
Die Kategorie #1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst folgende Unterkategorien:
Die Unterkategorie #1A Nachhaltige Investitionen umfasst nachhaltige Investitionen mit ökologischen oder sozialen Zielen.
Die Unterkategorie #1B Andere ökologische oder soziale Merkmale umfasst Investitionen, die auf ökologische oder soziale Merkmale ausgerichtet sind, aber nicht als nachhaltige Investitionen eingestuft werden.
Inwiefern werden durch den Einsatz von Derivaten die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht?
Wenn das einem Derivat zugrunde liegende Wertpapier im Einklang mit dem System für nachhaltiges Investieren von Fidelity gute ESG-Eigenschaften aufweist, darf das Derivat zur Feststellung des Teilfondsanteils berücksichtigt werden, der Umwelt- oder Sozialeigenschaften fördert.
In welchem Mindestmaß sind nachhaltige Investitionen mit einem Umweltziel mit der EU-Taxonomie konform?
Der Teilfonds investiert mindestens 0% in nachhaltige Anlagen mit einem Umweltziel, die mit der EU-Taxonomie konform sind.
Die Konformität der Anlagen des Teilfonds mit der EU-Taxonomie wird nicht durch Wirtschaftsprüfer oder mittels einer Überprüfung durch Dritte sichergestellt.
Die Ausrichtung der zugrunde liegenden Anlagen des Teilfonds an der EU-Taxonomie wird anhand des Umsatzes gemessen.
Investiert das Finanzprodukt in Aktivitäten im Zusammenhang mit fossilem Gas und/oder Kernenergie, die der EU-Taxonomie¹ entsprechen?
- JaNein
- In fossiles Gas	In KernenergieWie hoch ist der Mindestanteil der Investitionen in Übergangstätigkeiten und ermöglichende Tätigkeiten?

Der Teilfonds investiert mindestens 0% in Übergangstätigkeiten und ermöglichende Tätigkeiten.
Wie hoch ist der Mindestanteil nachhaltiger Investitionen mit einem Umweltziel, die nicht mit der EU-Taxonomie konform sind?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Umweltziel, das nicht mit der EU-Taxonomie konform ist.
Die Anlagen können zwar mit der EU-Taxonomie konform sein, aber der Investmentmanager ist derzeit nicht in der Lage, den genauen Anteil der Anlagen des Teilfonds anzugeben, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftstätigkeiten berücksichtigen. Die Position wird jedoch weiterhin überprüft, wenn die zugrunde liegenden Regeln festgelegt sind und im Laufe der Zeit mehr zuverlässige Daten zur Verfügung stehen.
¹ Tätigkeiten im Bereich fossiles Gas und/oder Kernenergie sind nur dann EU-taxonomiekonform, wenn sie zur Eindämmung des Klimawandels („Klimaschutz“) beitragen und kein Ziel der EU-Taxonomie erheblich beeinträchtigen – siehe Erläuterung am linken Rand. Die vollständigen Kriterien für EU-taxonomiekonforme Wirtschaftstätigkeiten im Bereich fossiles Gas und Kernenergie sind in der Delegierten Verordnung (EU) 2022/1214 der Kommission festgelegt.
Wie hoch ist der Mindestanteil der sozial nachhaltigen Investitionen?
Der Teilfonds investiert mindestens 5% in nachhaltige Anlagen mit einem Sozialziel.
Welche Investitionen fallen unter ,,#2 Andere Investitionen", welcher Anlagezweck wird mit ihnen verfolgt und gibt es einen ökologischen oder sozialen Mindestschutz?
Die verbleibenden Anlagen des Teilfonds erfolgen in Instrumenten, die zum Finanzziel des Teilfonds passen, und für Liquiditätszwecke in liquiden Mitteln und liquiden Mitteln gleichstehenden Mitteln sowie in Derivaten, die als Anlagen und für eine effiziente Portfolioverwaltung eingesetzt werden können.
Zur Gewährleistung eines Mindestmaßes an Umwelt- und Sozialabsicherungen wendet der Teilfonds die Ausschlusskriterien an.

###### Wurde ein Index als Referenzwert bestimmt, um festzustellen, ob dieses Finanzprodukt auf die beworbenen ökologischen und/oder sozialen Merkmale ausgerichtet ist?
Es wird kein bestimmter Index als Referenzbenchmark angegeben, um festzustellen, ob dieses Finanzprodukt zu den geförderten Umwelt- oder Sozialeigenschaften passt.
Bei den Referenzwerten handelt es sich um Indizes, mit denen gemessen wird, ob das Finanzprodukt die beworbenen ökologischen oder sozialen Merkmale erreicht.
Inwiefern ist der Referenzwert kontinuierlich auf die mit dem Finanzprodukt beworbenen ökologischen und sozialen Merkmale ausgerichtet?
Diese Frage ist hier nicht relevant.
Wie wird die kontinuierliche Ausrichtung der Anlagestrategie auf die Indexmethode sichergestellt?
Diese Frage ist hier nicht relevant.
Wie unterscheidet sich der bestimmte Index von einem relevanten breiten Marktindex?
Diese Frage ist hier nicht relevant.
Wo kann die Methode zur Berechnung des bestimmten Indexes eingesehen werden?
Diese Frage ist hier nicht relevant.

###### 	Wo kann ich im Internet weitere produktspezifische Informationen finden?
Weitere produktspezifische Informationen finden Sie auf der Website: https:/www.fidelity.lu/funds/factsheet/LU0922334643/tab-disclosure#SFDR-disclosure. 
Weitere Informationen zu den hier dargelegten Methoden finden Sie auf der Website: System fürnachhaltiges Investieren (fidelityinternational.com).
Vorvertragliche Informationen zu den in Artikel 8 Absätze 1, 2 und 2a der Verordnung (EU) 2019/2088 und Artikel 6 Absatz 1 der Verordnung (EU) 2020/852 genannten Finanzprodukten
Name des Produkts:	Unternehmenskennung (LEI- Code):
Fidelity Funds - Sustainable European Dividend Plus Fund	254900G129G6M801BZ71

###### Ökologische und/oder soziale Merkmale
| Werden mit diesem Finanzprodukt nachhaltige Investitionen angestrebt? |
| --- |
|  | - Ja
 |  | Nein |
| - Es wird damit ein MindestanteiI an nachhaltigen Investitionen mit einem Umweltziel getätigt:%
	- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie als ökologisch nachhaltig einzustufen sind
	- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie nicht als ökologisch nachhaltig einzustufen sind

- Es wird damit ein Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel getätigt:%
 | Es werden damit ökologische/soziale Merkmale beworben und obwohl keine nachhaltigen Investitionen angestrebt werden, enthält es einen Mindestanteil von 25% an nachhaltigen Investitionen. - mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie als ökologisch nachhaltig einzustufen sindmit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie nicht als ökologisch nachhaltig einzustufen sindmit einem sozialen Ziel
- Es	werden		damit	ökologische/soziale Merkmale	beworben,		aber	keinenachhaltigen Investitionen getätigt.
 |

Welche ökologischen und/ oder sozialen Merkmale werden mit diesem Finanzprodukt beworben?
Mit Nachhaltigkeitsin- dikatoren wird gemessen, inwieweit die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht werden.
Der Teilfonds fördert Umwelt- und Sozialeigenschaften, indem er in Wertpapiere von Emittenten mit guten ESG-Eigenschaften investiert. Gute ESG-Eigenschaften werden anhand von ESG-Ratings ermittelt. ESG-Ratings berücksichtigen Umwelteigenschaften wie CO2-Intensität, CO2-Emissionen, Energieeffizienz, Wasser- und Abfallmanagement und Biodiversität sowie Sozialeigenschaften wie Produktsicherheit, Lieferkette, Gesundheit und Sicherheit sowie Menschenrechte.
Der Teilfonds ist in gewissem Maße bestrebt, nachhaltige Anlagen zu tätigen.
Es wird keine Referenzbenchmark festgelegt, um die geförderten Umwelt- und Sozialeigenschaften zu erreichen.
einzelnen ökologischen oder sozialen Merkmale, die durch dieses Finanzprodukt beworben werden, herangezogen?
Der Teilfonds verwendet die folgenden Nachhaltigkeitsindikatoren, um die Ausprägung der von ihm geförderten Umwelt- oder Sozialeigenschaften zu messen:
- der  Prozentsatz des Teilfonds, der in Wertpapieren von Emittenten mit guten ESG-Eigenschaften im Einklang mit dem System für nachhaltiges Investieren von Fidelity investiert ist;
- in Bezug auf seine Direktanlagen der Prozentsatz des Teilfonds, der in Wertpapiere von Emittenten investiert ist, auf die Ausschlusskriterien (wie unten definiert) zutreffen;
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen investiert ist; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel bei Wirtschaftsaktivitäten investiert ist, die gemäß der EU-Taxonomie nicht als ökologisch nachhaltig gelten; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel investiert ist.

Welches sind die Ziele der nachhaltigen Investitionen, die mit dem
Finanzprodukt teilweise getätigt werden sollen, und wie trägt die nachhaltige Investition zu diesen Zielen bei?
Der Teilfonds ermittelt wie folgt, ob eine Anlage nachhaltig ist:
- Emittenten, die wirtschaftliche Tätigkeiten ausüben, die zu einem oder mehreren der in der EU-Taxonomie festgelegten Umweltziele beitragen und gemäß der EU-Taxonomie als ökologisch nachhaltig gelten; oder
- Emittenten, bei denen der Großteil ihrer Geschäftstätigkeit (mehr als 50% des Umsatzes) zu Umwelt- oder Sozialzielen beiträgt, die mit einem oder mehreren der Ziele der Vereinten Nationen für nachhaltige Entwicklung („SDG“) in Einklang stehen; oder
- Emittenten, die ein Dekarbonisierungsziel festgelegt haben, das mit einem Temperaturanstiegsszenario mit 1,5 Grad oder weniger vereinbar ist (überprüft durch die Science Based Target Initiative oder ein Fidelity Proprietary Climate Rating), das als Beitrag zu Umweltzielen angesehen wird;sofern sie keinen wesentlichen Schaden anrichten, Mindestabsicherungen bieten und gute Governance-Kriterien aufweisen.

teilweise getätigt werden sollen, keinem der ökologischen oder sozialen nachhaltigen Anlageziele erheblich schaden?
Nachhaltige Anlagen werden auf ihre Beteiligung an Aktivitäten überprüft, die erheblichen Schaden und Kontroversen verursachen, und durch eine Kontrolle bewertet, ob der Emittent Mindestabsicherungen und -standards hinsichtlich der wichtigsten nachteiligen Auswirkungen (PAI) sowie für die Leistung bei den PAI-Kennzahlen umsetzt bzw. erfüllt. Dazu gehören:
- Normenbasierte Filterkriterien – das Filtern von Wertpapieren, die gemäß den bestehenden (unten beschriebenen) normenbasierten Filterkriterien von Fidelity ermittelt wurden, anhand von:
- aktivitätsbasierten Filterkriterien – das Filtern von Emittenten auf der Grundlage ihrer Beteiligung an Aktivitäten mit erheblichen negativen Auswirkungen auf die Gesellschaft oder die Umwelt, darunter Emittenten, bei denen aufgrund der Filterkriterien für Kontroversen eine„sehr gravierende“ Kontroverse vorliegt, die im Bereich
- Umwelt,
- Menschenrechte und Gemeinschaften,
- Arbeitnehmerrechte und Lieferkette,
- Kunden,
- Governance angesiedelt ist; und anhand von
	- PAI-Indikatoren. Quantitative Daten (sofern verfügbar) zu PAI-Indikatoren werden verwendet, um zu bewerten, ob ein Emittent an Aktivitäten beteiligt ist, die einem Umwelt- oder Sozialziel erheblichen Schaden zufügen.


Bei den wichtigsten nachteiligen Auswirkungen handelt es sich um die bedeutendsten nachteiligen Auswirkungen von Investitionsentscheidun- gen auf NachhaItigkeitsfaktoren in den Bereichen Umwelt, Soziales und Beschäftigung, Achtung der Menschenrechte und Bekämpfung von Korruption und Bestechung.
Wie wurden die Indikatoren für nachteilige Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Für nachhaltige Anlagen, wie oben beschrieben, führt Fidelity eine quantitative Bewertung  durch,  um  Unternehmen  mit  einer  problematischen  Leistung  bei PAI-Indikatoren zu ermitteln. Emittenten mit einer niedrigen Punktzahl kommen nur dann für „nachhaltige Anlagen“ infrage, wenn die Fundamentalresearch von Fidelity feststellt, dass der Emittent nicht gegen die Anforderungen verstößt, „keinen wesentlichen Schaden anrichtet“ oder sich auf einem Weg befindet, um die nachteiligen Auswirkungen durch effektives Management oder einen Übergang abzumildern.
Wie stehen die nachhaltigen Investitionen mit den OECD-Leitsätzen für multinationale Unternehmen und den Leitprinzipien der Vereinten Nationen für Wirtschaft und
Menschenrechte in Einklang? Nähere Angaben:
Es werden normenbasierte Filterkriterien angewendet: Emittenten, bei denen festgestellt wurde, dass sie sich nicht in einer Weise verhalten, die ihrer grundlegenden Verantwortung in den Bereichen Menschenrechte, Arbeit, Umwelt und Korruptionsbekämpfung im Einklang mit internationalen Normen gerecht wird, darunter denjenigen, die in den OECD-Leitsätzen für multinationale Unternehmen, den Leitprinzipien der Vereinten Nationen für Wirtschaft und Menschenrechte, dem UN Global Compact (UNGC) und den IAO-Standards der Internationalen Arbeitsorganisation (ILO) festgelegt sind, kommen für nachhaltige Investitionen nicht infrage.
In der EU-Taxonomie ist der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" festgelegt, nach dem taxonomiekonforme Investitionen die Ziele der EU-Taxonomie nicht erheblich beeinträchtigen dürfen, und es sind spezifische EU-Kriterien beigefügt. Der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" findet nur bei denjenigen dem Finanzprodukt zugrunde liegenden Investitionen Anwendung, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten berücksichtigen. Die dem verbleibenden Teil dieses  Finanzprodukts zugrunde  liegenden Investitionen berücksichtigen nicht die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten. Alle anderen nachhaltigen Investitionen dürfen ökologische oder soziale Ziele ebenfalls nicht erheblich beeinträchtigen.

###### Werden bei diesem Finanzprodukt die wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Ja
- NeinDie wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren werden mit Hilfe einer Vielzahl von Instrumenten berücksichtigt und in Anlageentscheidungen einbezogen. Hierzu zählen:
- Due Diligence – Analyse, ob die wichtigsten nachteiligen Auswirkungen (PAI) wesentlich und negativ sind.
- ESG-Rating – Fidelity bezieht sich auf ESG-Ratings, die wesentliche nachteilige Auswirkungen wie CO2-Emissionen, Mitarbeitersicherheit, Bestechung und Korruption sowie Wassermanagement berücksichtigen, und bei den von Staaten ausgegebenen Wertpapieren berücksichtigen die verwendeten Ratings wichtige nachteilige Auswirkungen (PAI) wie CO2-Emissionen, Sozialverstöße und die Meinungsfreiheit.
- Ausschlusskriterien – Bei Direktanlagen in Unternehmen als Emittenten wendet der Teilfonds die (unten definierten) Ausschlusskriterien an, um die wichtigsten nachteiligen Auswirkungen abzumildern. Dazu schließt er schädliche Sektoren aus und verbietet Investitionen in Emittenten, die gegen internationale Standards wie den UNGC verstoßen.
- Mitwirkung – Fidelity nutzt Mitwirkung als ein Instrument, um die wichtigsten nachteiligen Auswirkungen besser zu verstehen und sich unter bestimmten Umständen für die Abmilderung der wichtigsten nachteiligen Auswirkungen einzusetzen. Fidelity beteiligt sich an relevanten individuellen und kollaborativen Arten der Mitwirkung, die auf eine Reihe von wichtigen negativen Auswirkungen abzielen (z. B. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Abstimmungsverhalten – Die Abstimmungspolitik von Fidelity umfasst bei Unternehmen als Emittenten explizite Mindeststandards für die Geschlechtervielfalt im Aufsichtsrat und die Auseinandersetzung mit dem Klimawandel. Fidelity kann auch auf eine Weise abstimmen, dass die wichtigsten nachteiligen Auswirkungen abgemildert werden.
- Vierteljährliche Überprüfungen – Überwachung der wichtigsten nachteiligen Auswirkungen (PAI) durch den vierteljährlichen Überprüfungsprozess des Teilfonds.

Wenn es um die Frage geht, ob Investitionen eine wesentliche nachteilige Auswirkung haben, berücksichtigt Fidelity für jeden Nachhaltigkeitsfaktor spezifische Indikatoren. Diese Indikatoren hängen von der Datenverfügbarkeit ab und können sich mit zunehmender Datenqualität und
-verfügbarkeit weiterentwickeln.
Informationen über die wichtigsten nachteiligen Auswirkungen werden im Jahresbericht des Teilfonds zur Verfügung gestellt.

###### Welche Anlagestrategie wird mit diesem Finanzprodukt verfolgt?
Die Anlagestrategie dient aIs Richtschnur für Investitionsentscheidun- gen, wobei bestimmte Kriterien wie beispielsweise Investitionsziele oder Risikotoleranz
berücksichtigt werden.
Der Teilfonds gehört zur Familie der Fidelity Nachhaltigkeitsfonds und verfolgt eine auf Nachhaltigkeit ausgerichtete Strategie, nach der mindestens 70% des Nettovermögens des Teilfonds in Wertpapiere investiert werden, die gute ESG-Eigenschaften aufweisen.
Ob ESG-Eigenschaften gut sind, wird anhand von ESG-Ratings externer Agenturen und von Fidelity ESG-Ratings ermittelt.
Emittenten, deren Rating sie für die Zwecke des Primärziels (mindestens 70% des Vermögens) als ungeeignet zur Einstufung als Unternehmen mit guten ESG-Eigenschaften erscheinen lässt, können im Umfang von bis zu 30% des Nettovermögens aufgenommen werden, sofern sie nachweisen können, dass sie sich hinsichtlich ihrer ESG-Eigenschaften auf dem Weg der Besserung befinden.
Nach Ausschluss von 20% der Vermögenswerte mit den niedrigsten ESG-Ratings übersteigt das durchschnittliche ESG-Rating des Teilfonds das durchschnittliche ESG-Rating des Anlageuniversums des Teilfonds.
Innerhalb dieses Anlageuniversums wählt der Investmentmanager Aktien mit Hilfe rigoroser Bottom-up-Finanzanalysen und -bewertungen aus, um Aktien mit einem Potenzial für hohe Anlagerenditen auszuwählen.
In Bezug auf seine Direktanlagen berücksichtigt der Teilfonds:
- eine unternehmensweite Ausschlussliste, die Streumunition und Antipersonenminen umfasst, und
- eine prinzipienbasierte Ausschlussrichtlinie, die Folgendes beinhaltet:
	- eine normenbasierte Filterung von Emittenten, die nach Auffassung des Investmentmanagers ihre Geschäfte nicht in Übereinstimmung mit internationalen Normen, darunter denen des UNGC, geführt haben; und
	- ein Filterkriterium, durch das bestimmte Sektoren, Emittenten oder Praktiken auf der Grundlage konkreter ESG-Kriterien ausgeschlossen werden können, wobei für diese Kriterien möglicherweise auch Umsatzschwellen angewendet werden.


Die oben genannten Ausschluss- und Filterkriterien (die „Ausschlusskriterien“) werden möglicherweise von Zeit zu Zeit aktualisiert. Weitere Informationen erhalten Sie auf der Website Sustainable investing framework (fidelityinternational.com).
Es steht zudem im Ermessen des Investmentmanagers, von Zeit zu Zeit erweiterte, strengere Nachhaltigkeitsanforderungen und Ausschlusskriterien anzuwenden.
Worin bestehen die verbindlichen Elemente der Anlagestrategie, die für die Auswahl der Investitionen zur Erfüllung der beworbenen ökologischen oder sozialen Ziele verwendet werden?
Der Teilfonds investiert:
- mindestens 70% seines Vermögens in Emittenten mit guten ESG-Eigenschaften;
- mindestens 25% in nachhaltige Anlagen, von denen mindestens 0% ein Umweltziel verfolgen, das sich an der EU-Taxonomie orientiert, mindestens 5% ein Umweltziel, das sich nicht an der EU-Taxonomie orientiert, und mindestens 5% ein Sozialziel.

Der Teilfonds bewertet die ESG-Eigenschaften von mindestens 90% seines Vermögens. Nach Ausschluss von 20% der Vermögenswerte mit den niedrigsten ESG-Ratings übersteigt das durchschnittliche ESG-Rating des Teilfonds das durchschnittliche ESG-Rating des Anlageuniversums des Teilfonds.
Darüber hinaus wird der Teilfonds die oben beschriebenen Ausschlusskriterien wie oben beschrieben auf Direktanlagen anwenden.
Um welchen Mindestsatz wird der Umfang der vor der Anwendung dieser Anlagestrategie in Betracht gezogenen Investitionen reduziert?
Diese Frage ist hier nicht relevant.
Die Verfahrensweisen einer guten
Unternehmensführung umfassen solide Managementstrukturen, die Beziehungen zu den Arbeitnehmern, die Vergütung von Mitarbeitern sowie die Einhaltung der Steuervorschriften.
Wie werden die Verfahrensweisen einer guten Unternehmensführung der Unternehmen, in die investiert wird, bewertet?
Die Governance-Praktiken der Emittenten werden anhand von Fundamentalresearch bewertet, die Fidelity ESG-Ratings sowie Daten zu Kontroversen und Verstößen gegen den UN Global Compact berücksichtigt.
Zu den wichtigsten Punkten, die analysiert werden, gehören unter anderem die Erfolgsbilanz der Kapitalallokation, die finanzielle Transparenz, Transaktionen mit nahestehenden Parteien, die Unabhängigkeit und Größe des Vorstands, die Vergütung der Führungskräfte, die Abschlussprüfer und die interne Aufsicht sowie die Rechte der Minderheitsanteilinhaber.

###### Welche Vermögensallokation ist für dieses Finanzprodukt geplant?
Die Vermögensallokation gibt den jeweiligen Anteil der Investitionen in bestimmte Vermögenswerte an.
Taxonomiekonforme Tätigkeiten, ausgedrückt durch den Anteil der:
- Umsatzerlöse, die den Anteil der Einnahmen aus umweltfreundlichenAktivitäten der Unternehmen, in die investiert wird, widerspiegeln
- Investitionsausgaben (CapEx), die die umweltfreundlichen Investitionen der Unternehmen, in die investiert wird, aufzeigen,z.B. für den Übergang zu einer grünen Wirtschaft- Betriebsausgaben (OpEx), die die umweltfreundlichenbetrieblichen Aktivitäten der Unternehmen, in die investiert wird, widerspiegeln(#1 Ausgerichtet an E/S-Eigenschaften) Der Teilfonds investiert:
- mindestens 70% seines	Vermögens	in	Wertpapiere	von	Emittenten	mit	guten ESG-Eigenschaften,
- mindestens 25% seines Vermögens in nachhaltige (#1A nachhaltig) Anlagen, von denen mindestens 0% ein Umweltziel verfolgen (das an der EU-Taxonomie ausgerichtet ist), mindestens 5% ein Umweltziel haben (das nicht an der EU-Taxonomie ausgerichtet ist) und mindestens 5% ein Sozialziel haben. Die übrigen nachhaltigen Anlagen des Teilfonds können ein Umwelt- oder Sozialziel verfolgen.

Sonstige Umweltziele 5%
(#1B Sonstige E/S-Eigenschaften) Umfasst Wertpapiere von Emittenten mit guten ESG-Eigenschaften, die aber keine nachhaltigen Anlagen sind.
#1A Nachhaltige
Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale
70%
Investitionen 25%
#1B Andere ökologische oder soziale Merkmale
Soziales 5%
#2 Andere Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst Investitionen des Finanzprodukts, die zur Erreichung der beworbenen ökologischen oder sozialen Merkmale getätigt wurden.
#2 Andere Investitionen umfasst die übrigen Investitionen des Finanzprodukts, die weder auf ökologische oder soziale Merkmale ausgerichtet sind noch als nachhaltige Investitionen eingestuft werden.
Die Kategorie #1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst folgende Unterkategorien:
Die Unterkategorie #1A Nachhaltige Investitionen umfasst nachhaltige Investitionen mit ökologischen oder sozialen Zielen.
Die Unterkategorie #1B Andere ökologische oder soziale Merkmale umfasst Investitionen, die auf ökologische oder soziale Merkmale ausgerichtet sind, aber nicht als nachhaltige Investitionen eingestuft werden.
Inwiefern werden durch den Einsatz von Derivaten die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht?
Wenn das einem Derivat zugrunde liegende Wertpapier im Einklang mit dem System für nachhaltiges Investieren von Fidelity gute ESG-Eigenschaften aufweist, darf das Derivat zur Feststellung des Teilfondsanteils berücksichtigt werden, der Umwelt- oder Sozialeigenschaften fördert.
In welchem Mindestmaß sind nachhaltige Investitionen mit einem Umweltziel mit der EU-Taxonomie konform?
Der Teilfonds investiert mindestens 0% in nachhaltige Anlagen mit einem Umweltziel, die mit der EU-Taxonomie konform sind.
Die Konformität der Anlagen des Teilfonds mit der EU-Taxonomie wird nicht durch Wirtschaftsprüfer oder mittels einer Überprüfung durch Dritte sichergestellt.
Die Ausrichtung der zugrunde liegenden Anlagen des Teilfonds an der EU-Taxonomie wird anhand des Umsatzes gemessen.
Investiert das Finanzprodukt in Aktivitäten im Zusammenhang mit fossilem Gas und/oder Kernenergie, die der EU-Taxonomie¹ entsprechen?
- JaNein
- In fossiles Gas	In KernenergieWie hoch ist der Mindestanteil der Investitionen in Übergangstätigkeiten und ermöglichende Tätigkeiten?

Der Teilfonds investiert mindestens 0% in Übergangstätigkeiten und ermöglichende Tätigkeiten.
Wie hoch ist der Mindestanteil nachhaltiger Investitionen mit einem Umweltziel, die nicht mit der EU-Taxonomie konform sind?
Der Teilfonds investiert mindestens 5% in nachhaltige Anlagen mit einem Umweltziel, das nicht mit der EU-Taxonomie konform ist.
Die Anlagen können zwar mit der EU-Taxonomie konform sein, aber der Investmentmanager ist derzeit nicht in der Lage, den genauen Anteil der Anlagen des Teilfonds anzugeben, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftstätigkeiten berücksichtigen. Die Position wird jedoch weiterhin überprüft, wenn die zugrunde liegenden Regeln festgelegt sind und im Laufe der Zeit mehr zuverlässige Daten zur Verfügung stehen.
¹ Tätigkeiten im Bereich fossiles Gas und/oder Kernenergie sind nur dann EU-taxonomiekonform, wenn sie zur Eindämmung des Klimawandels („Klimaschutz“) beitragen und kein Ziel der EU-Taxonomie erheblich beeinträchtigen – siehe Erläuterung am linken Rand. Die vollständigen Kriterien für EU-taxonomiekonforme Wirtschaftstätigkeiten im Bereich fossiles Gas und Kernenergie sind in der Delegierten Verordnung (EU) 2022/1214 der Kommission festgelegt.
Wie hoch ist der Mindestanteil der sozial nachhaltigen Investitionen?
Der Teilfonds investiert mindestens 5% in nachhaltige Anlagen mit einem Sozialziel.
Welche Investitionen fallen unter ,,#2 Andere Investitionen", welcher Anlagezweck wird mit ihnen verfolgt und gibt es einen ökologischen oder sozialen Mindestschutz?
Die verbleibenden Anlagen des Teilfonds können in Wertpapieren von Emittenten erfolgen, die nachweisen können, dass sie sich in Bezug auf ihre ESG-Eigenschaften auf einem Kurs der Verbesserung befinden, und für Liquiditätszwecke in liquiden Mitteln und liquiden Mitteln gleichstehenden Mitteln sowie in Derivaten, die als Anlagen und für ein effizientes Portfoliomanagement eingesetzt werden können.
Zur Gewährleistung eines Mindestmaßes an Umwelt- und Sozialabsicherungen wendet der Teilfonds die Ausschlusskriterien an.

###### Wurde ein Index als Referenzwert bestimmt, um festzustellen, ob dieses Finanzprodukt auf die beworbenen ökologischen und/oder sozialen Merkmale ausgerichtet ist?
Es wird kein bestimmter Index als Referenzbenchmark angegeben, um festzustellen, ob dieses Finanzprodukt zu den geförderten Umwelt- oder Sozialeigenschaften passt.
Bei den Referenzwerten handelt es sich um Indizes, mit denen gemessen wird, ob das Finanzprodukt die beworbenen ökologischen oder sozialen Merkmale erreicht.
Inwiefern ist der Referenzwert kontinuierlich auf die mit dem Finanzprodukt beworbenen ökologischen und sozialen Merkmale ausgerichtet?
Diese Frage ist hier nicht relevant.
Wie wird die kontinuierliche Ausrichtung der Anlagestrategie auf die Indexmethode sichergestellt?
Diese Frage ist hier nicht relevant.
Wie unterscheidet sich der bestimmte Index von einem relevanten breiten Marktindex?
Diese Frage ist hier nicht relevant.
Wo kann die Methode zur Berechnung des bestimmten Indexes eingesehen werden?
Diese Frage ist hier nicht relevant.

###### 	Wo kann ich im Internet weitere produktspezifische Informationen finden?
Weitere produktspezifische Informationen finden Sie auf der Website: https:/www.fidelity.lu/funds/factsheet/LU2272373502/tab-disclosure#SFDR-disclosure. 
Weitere Informationen zu den hier dargelegten Methoden finden Sie auf der Website: System fürnachhaltiges Investieren (fidelityinternational.com).
Vorvertragliche Informationen zu den in Artikel 8 Absätze 1, 2 und 2a der Verordnung (EU) 2019/2088 und Artikel 6 Absatz 1 der Verordnung (EU) 2020/852 genannten Finanzprodukten
Name des Produkts:	Unternehmenskennung (LEI- Code):
Fidelity Funds - Sustainable Europe Equity Fund	549300NM9ZITQTY7GU39

###### Ökologische und/oder soziale Merkmale
| Werden mit diesem Finanzprodukt nachhaltige Investitionen angestrebt? |
| --- |
|  | - Ja
 |  | Nein |
| - Es wird damit ein MindestanteiI an nachhaltigen Investitionen mit einem Umweltziel getätigt:%
	- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie als ökologisch nachhaltig einzustufen sind
	- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie nicht als ökologisch nachhaltig einzustufen sind

- Es wird damit ein Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel getätigt:%
 | Es werden damit ökologische/soziale Merkmale beworben und obwohl keine nachhaltigen Investitionen angestrebt werden, enthält es einen Mindestanteil von 40% an nachhaltigen Investitionen. mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie als ökologisch nachhaltig einzustufen sind mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie nicht als ökologisch nachhaltig einzustufen sind mit einem sozialen Ziel - Es	werden		damit	ökologische/soziale Merkmale	beworben,		aber	keinenachhaltigen Investitionen getätigt.
 |

Welche ökologischen und/ oder sozialen Merkmale werden mit diesem Finanzprodukt beworben?
Mit Nachhaltigkeitsin- dikatoren wird gemessen, inwieweit die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht werden.
Der Teilfonds fördert Umwelt- und Sozialeigenschaften, indem er in Wertpapiere von Emittenten mit guten ESG-Eigenschaften investiert. Gute ESG-Eigenschaften werden anhand von ESG-Ratings ermittelt. ESG-Ratings berücksichtigen Umwelteigenschaften wie CO2-Intensität, CO2-Emissionen, Energieeffizienz, Wasser- und Abfallmanagement und Biodiversität sowie Sozialeigenschaften wie Produktsicherheit, Lieferkette, Gesundheit und Sicherheit sowie Menschenrechte.
Der Teilfonds ist in gewissem Maße bestrebt, nachhaltige Anlagen zu tätigen.
Es wird keine Referenzbenchmark festgelegt, um die geförderten Umwelt- und Sozialeigenschaften zu erreichen.
einzelnen ökologischen oder sozialen Merkmale, die durch dieses Finanzprodukt beworben werden, herangezogen?
Der Teilfonds verwendet die folgenden Nachhaltigkeitsindikatoren, um die Ausprägung der von ihm geförderten Umwelt- oder Sozialeigenschaften zu messen:
- der  Prozentsatz des Teilfonds, der in Wertpapieren von Emittenten mit guten ESG-Eigenschaften im Einklang mit dem System für nachhaltiges Investieren von Fidelity investiert ist;
- in Bezug auf seine Direktanlagen der Prozentsatz des Teilfonds, der in Wertpapiere von Emittenten investiert ist, auf die Ausschlusskriterien (wie unten definiert) zutreffen;
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen investiert ist; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel bei Wirtschaftsaktivitäten investiert ist, die gemäß der EU-Taxonomie als ökologisch nachhaltig gelten;
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel bei Wirtschaftsaktivitäten investiert ist, die gemäß der EU-Taxonomie nicht als ökologisch nachhaltig gelten; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel investiert ist.

Welches sind die Ziele der nachhaltigen Investitionen, die mit dem
Finanzprodukt teilweise getätigt werden sollen, und wie trägt die nachhaltige Investition zu diesen Zielen bei?
Der Teilfonds ermittelt wie folgt, ob eine Anlage nachhaltig ist:
- Emittenten, die wirtschaftliche Tätigkeiten ausüben, die zu einem oder mehreren der in der EU-Taxonomie festgelegten Umweltziele beitragen und gemäß der EU-Taxonomie als ökologisch nachhaltig gelten; oder
- Emittenten, bei denen der Großteil ihrer Geschäftstätigkeit (mehr als 50% des Umsatzes) zu Umwelt- oder Sozialzielen beiträgt, die mit einem oder mehreren der Ziele der Vereinten Nationen für nachhaltige Entwicklung („SDG“) in Einklang stehen; oder
- Emittenten, die ein Dekarbonisierungsziel festgelegt haben, das mit einem Temperaturanstiegsszenario mit 1,5 Grad oder weniger vereinbar ist (überprüft durch die Science Based Target Initiative oder ein Fidelity Proprietary Climate Rating), das als Beitrag zu Umweltzielen angesehen wird;sofern sie keinen wesentlichen Schaden anrichten, Mindestabsicherungen bieten und gute Governance-Kriterien aufweisen.

teilweise getätigt werden sollen, keinem der ökologischen oder sozialen nachhaltigen Anlageziele erheblich schaden?
Nachhaltige Anlagen werden auf ihre Beteiligung an Aktivitäten überprüft, die erheblichen Schaden und Kontroversen verursachen, und durch eine Kontrolle bewertet, ob der Emittent Mindestabsicherungen und -standards hinsichtlich der wichtigsten nachteiligen Auswirkungen (PAI) sowie die Leistung bei den PAI-Kennzahlen umsetzt bzw. erfüllt. Dazu gehören:
- Normenbasierte Filterkriterien – das Filtern von Wertpapieren, die gemäß den bestehenden (unten beschriebenen) normenbasierten Filterkriterien von Fidelity ermittelt wurden, anhand von:
- aktivitätsbasierten Filterkriterien – das Filtern von Emittenten auf der Grundlage ihrer Beteiligung an Aktivitäten mit erheblichen negativen Auswirkungen auf die Gesellschaft oder die Umwelt, darunter Emittenten, bei denen aufgrund der Filterkriterien für Kontroversen eine„sehr gravierende“ Kontroverse vorliegt, die im Bereich
- Umwelt,
- Menschenrechte und Gemeinschaften,
- Arbeitnehmerrechte und Lieferkette,
- Kunden,
- Governance angesiedelt ist; und anhand von
	- PAI-Indikatoren. Quantitative Daten (sofern verfügbar) zu PAI-Indikatoren werden verwendet, um zu bewerten, ob ein Emittent an Aktivitäten beteiligt ist, die einem Umwelt- oder Sozialziel erheblichen Schaden zufügen.


Bei den wichtigsten nachteiligen Auswirkungen handelt es sich um die bedeutendsten nachteiligen Auswirkungen von Investitionsentscheidun- gen auf NachhaItigkeitsfaktoren in den Bereichen Umwelt, Soziales und Beschäftigung, Achtung der Menschenrechte und Bekämpfung von Korruption und Bestechung.
Wie wurden die Indikatoren für nachteilige Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Für nachhaltige Anlagen, wie oben beschrieben, führt Fidelity eine quantitative Bewertung  durch,  um  Unternehmen  mit  einer  problematischen  Leistung  bei PAI-Indikatoren zu ermitteln. Emittenten mit einer niedrigen Punktzahl kommen nur dann für „nachhaltige Anlagen“ infrage, wenn die Fundamentalresearch von Fidelity feststellt, dass der Emittent nicht gegen die Anforderungen verstößt, „keinen wesentlichen Schaden anrichtet“ oder sich auf einem Weg befindet, um die nachteiligen Auswirkungen durch effektives Management oder einen Übergang abzumildern.
Wie stehen die nachhaltigen Investitionen mit den OECD-Leitsätzen für multinationale Unternehmen und den Leitprinzipien der Vereinten Nationen für Wirtschaft und
Menschenrechte in Einklang? Nähere Angaben:
Es werden normenbasierte Filterkriterien angewendet: Emittenten, bei denen festgestellt wurde, dass sie sich nicht in einer Weise verhalten, die ihrer grundlegenden Verantwortung in den Bereichen Menschenrechte, Arbeit, Umwelt und Korruptionsbekämpfung im Einklang mit internationalen Normen gerecht wird, darunter denjenigen, die in den OECD-Leitsätzen für multinationale Unternehmen, den Leitprinzipien der Vereinten Nationen für Wirtschaft und Menschenrechte, dem UN Global Compact (UNGC) und den IAO-Standards der Internationalen Arbeitsorganisation (ILO) festgelegt sind, kommen für nachhaltige Investitionen nicht infrage.
In der EU-Taxonomie ist der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" festgelegt, nach dem taxonomiekonforme Investitionen die Ziele der EU-Taxonomie nicht erheblich beeinträchtigen dürfen, und es sind spezifische EU-Kriterien beigefügt. Der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" findet nur bei denjenigen dem Finanzprodukt zugrunde liegenden Investitionen Anwendung, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten berücksichtigen. Die dem verbleibenden Teil dieses  Finanzprodukts zugrunde  liegenden Investitionen berücksichtigen nicht die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten. Alle anderen nachhaltigen Investitionen dürfen ökologische oder soziale Ziele ebenfalls nicht erheblich beeinträchtigen.

###### Werden bei diesem Finanzprodukt die wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Ja
- NeinDie wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren werden mit Hilfe einer Vielzahl von Instrumenten berücksichtigt und in Anlageentscheidungen einbezogen. Hierzu zählen:
- Due Diligence – Analyse, ob die wichtigsten nachteiligen Auswirkungen (PAI) wesentlich und negativ sind.
- ESG-Rating – Fidelity bezieht sich auf ESG-Ratings, die wesentliche nachteilige Auswirkungen wie CO2-Emissionen, Mitarbeitersicherheit, Bestechung und Korruption sowie Wassermanagement berücksichtigen, und bei den von Staaten ausgegebenen Wertpapieren berücksichtigen die verwendeten Ratings wichtige nachteilige Auswirkungen (PAI) wie CO2-Emissionen, Sozialverstöße und die Meinungsfreiheit.
- Ausschlusskriterien – Bei Direktanlagen in Unternehmen als Emittenten wendet der Teilfonds die (unten definierten) Ausschlusskriterien an, um die wichtigsten nachteiligen Auswirkungen abzumildern. Dazu schließt er schädliche Sektoren aus und verbietet Investitionen in Emittenten, die gegen internationale Standards wie den UNGC verstoßen.
- Mitwirkung – Fidelity nutzt Mitwirkung als ein Instrument, um die wichtigsten nachteiligen Auswirkungen besser zu verstehen und sich unter bestimmten Umständen für die Abmilderung der wichtigsten nachteiligen Auswirkungen einzusetzen. Fidelity beteiligt sich an relevanten individuellen und kollaborativen Arten der Mitwirkung, die auf eine Reihe von wichtigen negativen Auswirkungen abzielen (z. B. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Abstimmungsverhalten – Die Abstimmungspolitik von Fidelity umfasst bei Unternehmen als Emittenten explizite Mindeststandards für die Geschlechtervielfalt im Aufsichtsrat und die Auseinandersetzung mit dem Klimawandel. Fidelity kann auch auf eine Weise abstimmen, dass die wichtigsten nachteiligen Auswirkungen abgemildert werden.
- Vierteljährliche Überprüfungen – Überwachung der wichtigsten nachteiligen Auswirkungen (PAI) durch den vierteljährlichen Überprüfungsprozess des Teilfonds.

Wenn es um die Frage geht, ob Investitionen eine wesentliche nachteilige Auswirkung haben, berücksichtigt Fidelity für jeden Nachhaltigkeitsfaktor spezifische Indikatoren. Diese Indikatoren hängen von der Datenverfügbarkeit ab und können sich mit zunehmender Datenqualität und
-verfügbarkeit weiterentwickeln.
Informationen über die wichtigsten nachteiligen Auswirkungen werden im Jahresbericht des Teilfonds zur Verfügung gestellt.

###### Welche Anlagestrategie wird mit diesem Finanzprodukt verfolgt?
Die Anlagestrategie dient aIs Richtschnur für Investitionsentscheidun- gen, wobei bestimmte Kriterien wie beispielsweise Investitionsziele oder Risikotoleranz
berücksichtigt werden.
Der Teilfonds gehört zur Familie der Fidelity Nachhaltigkeitsfonds und verfolgt eine auf Nachhaltigkeit ausgerichtete Strategie, nach der mindestens 70% des Nettovermögens des Teilfonds in Wertpapiere investiert werden, die gute ESG-Eigenschaften aufweisen.
Ob ESG-Eigenschaften gut sind, wird anhand von ESG-Ratings externer Agenturen und von Fidelity ESG-Ratings ermittelt.
Emittenten, deren Rating sie für die Zwecke des Primärziels (mindestens 70% des Vermögens) als ungeeignet zur Einstufung als Unternehmen mit guten ESG-Eigenschaften erscheinen lässt, können im Umfang von bis zu 30% des Nettovermögens aufgenommen werden, sofern sie nachweisen können, dass sie sich hinsichtlich ihrer ESG-Eigenschaften auf dem Weg der Besserung befinden.
Nach Ausschluss von 20% der Vermögenswerte mit den niedrigsten ESG-Ratings übersteigt das durchschnittliche ESG-Rating des Teilfonds das durchschnittliche ESG-Rating des Anlageuniversums des Teilfonds.
Innerhalb dieses Anlageuniversums wählt der Investmentmanager Aktien mit Hilfe rigoroser Bottom-up-Finanzanalysen und -bewertungen aus, um Aktien mit einem Potenzial für hohe Anlagerenditen auszuwählen.
In Bezug auf seine Direktanlagen berücksichtigt der Teilfonds:
- eine unternehmensweite Ausschlussliste, die Streumunition und Antipersonenminen umfasst, und
- eine prinzipienbasierte Ausschlussrichtlinie, die Folgendes beinhaltet:
	- eine normenbasierte Filterung von Emittenten, die nach Auffassung des Investmentmanagers ihre Geschäfte nicht in Übereinstimmung mit internationalen Normen, darunter denen des UNGC, geführt haben; und
	- ein Filterkriterium, durch das bestimmte Sektoren, Emittenten oder Praktiken auf der Grundlage konkreter ESG-Kriterien ausgeschlossen werden können, wobei für diese Kriterien möglicherweise auch Umsatzschwellen angewendet werden.


Die oben genannten Ausschluss- und Filterkriterien (die „Ausschlusskriterien“) werden möglicherweise von Zeit zu Zeit aktualisiert. Weitere Informationen erhalten Sie auf der Website Sustainable investing framework (fidelityinternational.com).
Es steht zudem im Ermessen des Investmentmanagers, von Zeit zu Zeit erweiterte, strengere Nachhaltigkeitsanforderungen und Ausschlusskriterien anzuwenden.
Worin bestehen die verbindlichen Elemente der Anlagestrategie, die für die Auswahl der Investitionen zur Erfüllung der beworbenen ökologischen oder sozialen Ziele verwendet werden?
Der Teilfonds investiert:
- mindestens 70% seines Vermögens in Emittenten mit guten ESG-Eigenschaften;
- mindestens 40% in nachhaltige Anlagen, von denen mindestens 1% ein Umweltziel verfolgen, das sich an der EU-Taxonomie orientiert, mindestens 10% ein Umweltziel, das sich nicht an der EU-Taxonomie orientiert, und mindestens 10% ein Sozialziel.

Der Teilfonds bewertet die ESG-Eigenschaften von mindestens 90% seines Vermögens. Nach Ausschluss von 20% der Vermögenswerte mit den niedrigsten ESG-Ratings übersteigt das durchschnittliche ESG-Rating des Teilfonds das durchschnittliche ESG-Rating des Anlageuniversums des Teilfonds.
Darüber hinaus wird der Teilfonds die oben beschriebenen Ausschlusskriterien wie oben beschrieben auf Direktanlagen anwenden.
Um welchen Mindestsatz wird der Umfang der vor der Anwendung dieser Anlagestrategie in Betracht gezogenen Investitionen reduziert?
Diese Frage ist hier nicht relevant.
Die Verfahrensweisen einer guten
Unternehmensführung umfassen solide Managementstrukturen, die Beziehungen zu den Arbeitnehmern, die Vergütung von Mitarbeitern sowie die Einhaltung der Steuervorschriften.
Wie werden die Verfahrensweisen einer guten Unternehmensführung der Unternehmen, in die investiert wird, bewertet?
Die Governance-Praktiken der Emittenten werden anhand von Fundamentalresearch bewertet, die Fidelity ESG-Ratings sowie Daten zu Kontroversen und Verstößen gegen den UN Global Compact berücksichtigt.
Zu den wichtigsten Punkten, die analysiert werden, gehören unter anderem die Erfolgsbilanz der Kapitalallokation, die finanzielle Transparenz, Transaktionen mit nahestehenden Parteien, die Unabhängigkeit und Größe des Vorstands, die Vergütung der Führungskräfte, die Abschlussprüfer und die interne Aufsicht sowie die Rechte der Minderheitsanteilinhaber.

###### Welche Vermögensallokation ist für dieses Finanzprodukt geplant?
Die Vermögensallokation gibt den jeweiligen Anteil der Investitionen in bestimmte Vermögenswerte an.
Taxonomiekonforme Tätigkeiten, ausgedrückt durch den Anteil der:
- Umsatzerlöse, die den Anteil der Einnahmen aus umweltfreundlichenAktivitäten der Unternehmen, in die investiert wird, widerspiegeln
- Investitionsausgaben (CapEx), die die umweltfreundlichen Investitionen der Unternehmen, in die investiert wird, aufzeigen,z.B. für den Übergang zu einer grünen Wirtschaft- Betriebsausgaben (OpEx), die die umweltfreundlichenbetrieblichen Aktivitäten der Unternehmen, in die investiert wird, widerspiegeln(#1 Ausgerichtet an E/S-Eigenschaften) Der Teilfonds investiert:
- mindestens 70% seines	Vermögens	in	Wertpapiere	von	Emittenten	mit	guten ESG-Eigenschaften,
- mindestens 40% seines Vermögens in nachhaltige (#1A nachhaltig) Anlagen, von denen mindestens 1% ein Umweltziel verfolgen (das an der EU-Taxonomie ausgerichtet ist), mindestens 10% ein Umweltziel haben (das nicht an der EU-Taxonomie ausgerichtet ist) und mindestens 10% ein Sozialziel haben. Die übrigen nachhaltigen Anlagen des Teilfonds können ein Umwelt- oder Sozialziel verfolgen.

(#1B Sonstige E/S-Eigenschaften) Umfasst Wertpapiere von Emittenten mit guten ESG-Eigenschaften, die aber keine nachhaltigen Anlagen sind.
Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale
70%
#2 Andere Investitionen
#1A Nachhaltige Investitionen 40%
#1B Andere ökologische oder soziale Merkmale
Taxonomiekonform 1%
Sonstige Umweltziele 10%
Soziales 10%
#1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst Investitionen des Finanzprodukts, die zur Erreichung der beworbenen ökologischen oder sozialen Merkmale getätigt wurden.
#2 Andere Investitionen umfasst die übrigen Investitionen des Finanzprodukts, die weder auf ökologische oder soziale Merkmale ausgerichtet sind noch als nachhaltige Investitionen eingestuft werden.
Die Kategorie #1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst folgende Unterkategorien:
Die Unterkategorie #1A Nachhaltige Investitionen umfasst nachhaltige Investitionen mit ökologischen oder sozialen Zielen.
Die Unterkategorie #1B Andere ökologische oder soziale Merkmale umfasst Investitionen, die auf ökologische oder soziale Merkmale ausgerichtet sind, aber nicht als nachhaltige Investitionen eingestuft werden.
Inwiefern werden durch den Einsatz von Derivaten die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht?
Wenn das einem Derivat zugrunde liegende Wertpapier im Einklang mit dem System für nachhaltiges Investieren von Fidelity gute ESG-Eigenschaften aufweist, darf das Derivat zur Feststellung des Teilfondsanteils berücksichtigt werden, der Umwelt- oder Sozialeigenschaften fördert.
In welchem Mindestmaß sind nachhaltige Investitionen mit einem Umweltziel mit der EU-Taxonomie konform?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Umweltziel, die mit der EU-Taxonomie konform sind.
Die Konformität der Anlagen des Teilfonds mit der EU-Taxonomie wird nicht durch Wirtschaftsprüfer oder mittels einer Überprüfung durch Dritte sichergestellt.
Die Ausrichtung der zugrunde liegenden Anlagen des Teilfonds an der EU-Taxonomie wird anhand des Umsatzes gemessen.
Investiert das Finanzprodukt in Aktivitäten im Zusammenhang mit fossilem Gas und/oder Kernenergie, die der EU-Taxonomie¹ entsprechen?
- JaNein
- In fossiles Gas	In KernenergieWie hoch ist der Mindestanteil der Investitionen in Übergangstätigkeiten und ermöglichende Tätigkeiten?

Der Teilfonds investiert mindestens 0% in Übergangstätigkeiten und ermöglichende Tätigkeiten.
Wie hoch ist der Mindestanteil nachhaltiger Investitionen mit einem Umweltziel, die nicht mit der EU-Taxonomie konform sind?
Der Teilfonds investiert mindestens 10% in nachhaltige Anlagen mit einem Umweltziel, das nicht mit der EU-Taxonomie konform ist.
Die Anlagen können zwar mit der EU-Taxonomie konform sein, aber der Investmentmanager ist derzeit nicht in der Lage, den genauen Anteil der Anlagen des Teilfonds anzugeben, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftstätigkeiten berücksichtigen. Die Position wird jedoch weiterhin überprüft, wenn die zugrunde liegenden Regeln festgelegt sind und im Laufe der Zeit mehr zuverlässige Daten zur Verfügung stehen.
¹ Tätigkeiten im Bereich fossiles Gas und/oder Kernenergie sind nur dann EU-taxonomiekonform, wenn sie zur Eindämmung des Klimawandels („Klimaschutz“) beitragen und kein Ziel der EU-Taxonomie erheblich beeinträchtigen – siehe Erläuterung am linken Rand. Die vollständigen Kriterien für EU-taxonomiekonforme Wirtschaftstätigkeiten im Bereich fossiles Gas und Kernenergie sind in der Delegierten Verordnung (EU) 2022/1214 der Kommission festgelegt.
Wie hoch ist der Mindestanteil der sozial nachhaltigen Investitionen?
Der Teilfonds investiert mindestens 10% in nachhaltige Anlagen mit einem Sozialziel.
Welche Investitionen fallen unter ,,#2 Andere Investitionen", welcher Anlagezweck wird mit ihnen verfolgt und gibt es einen ökologischen oder sozialen Mindestschutz?
Die verbleibenden Anlagen des Teilfonds können in Wertpapieren von Emittenten erfolgen, die nachweisen können, dass sie sich in Bezug auf ihre ESG-Eigenschaften auf einem Kurs der Verbesserung befinden, und für Liquiditätszwecke in liquiden Mitteln und liquiden Mitteln gleichstehenden Mitteln sowie in Derivaten, die als Anlagen und für ein effizientes Portfoliomanagement eingesetzt werden können.
Zur Gewährleistung eines Mindestmaßes an Umwelt- und Sozialabsicherungen wendet der Teilfonds die Ausschlusskriterien an.

###### Wurde ein Index als Referenzwert bestimmt, um festzustellen, ob dieses Finanzprodukt auf die beworbenen ökologischen und/oder sozialen Merkmale ausgerichtet ist?
Es wird kein bestimmter Index als Referenzbenchmark angegeben, um festzustellen, ob dieses Finanzprodukt zu den geförderten Umwelt- oder Sozialeigenschaften passt.
Bei den Referenzwerten handelt es sich um Indizes, mit denen gemessen wird, ob das Finanzprodukt die beworbenen ökologischen oder sozialen Merkmale erreicht.
Inwiefern ist der Referenzwert kontinuierlich auf die mit dem Finanzprodukt beworbenen ökologischen und sozialen Merkmale ausgerichtet?
Diese Frage ist hier nicht relevant.
Wie wird die kontinuierliche Ausrichtung der Anlagestrategie auf die Indexmethode sichergestellt?
Diese Frage ist hier nicht relevant.
Wie unterscheidet sich der bestimmte Index von einem relevanten breiten Marktindex?
Diese Frage ist hier nicht relevant.
Wo kann die Methode zur Berechnung des bestimmten Indexes eingesehen werden?
Diese Frage ist hier nicht relevant.

###### 	Wo kann ich im Internet weitere produktspezifische Informationen finden?
Weitere produktspezifische Informationen finden Sie auf der Website: https:/www.fidelity.lu/funds/factsheet/LU0251128657/tab-disclosure#SFDR-disclosure. 
Weitere Informationen zu den hier dargelegten Methoden finden Sie auf der Website: System fürnachhaltiges Investieren (fidelityinternational.com).
Vorvertragliche Informationen zu den in Artikel 9 Absätze 1 bis 4a der Verordnung (EU) 2019/2088 und Artikel 5 Absatz 1 der Verordnung (EU) 2020/852 genannten Finanzprodukten
Name des Produkts:	Unternehmenskennung (LEI- Code):
Fidelity Funds - Sustainable Eurozone Equity Fund	549300BAPCX6D0E0Z219
| Werden mit diesem Finanzprodukt nachhaltige Investitionen angestrebt? |
| --- |
|  | Ja |  | - Nein
 |
| Es wird damit ein MindestanteiI an nachhaltigen Investitionen mit einem Umweltziel getätigt: 38% in Wirtschaftstätigkeiten, die nach der EU-Taxonomie als ökologisch nachhaltig einzustufen sind in Wirtschaftstätigkeiten, die nach der EU-Taxonomie nicht als ökologisch nachhaltig einzustufen sind Es wird damit ein Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel getätigt: 20% | - Es werden damit ökologische/soziale Merkmale beworben und obwohl keine nachhaltigenInvestitionen angestrebt werden, enthält es einen Mindestanteil von % an nachhaltigen Investitionen.
- mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie als ökologisch nachhaltig einzustufen sind
- mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie nicht als ökologisch nachhaltig einzustufen sind
- mit einem sozialen Ziel
- Es	werden		damit	ökologische/soziale Merkmale	beworben,		aber	keinenachhaltigen Investitionen getätigt.
 |


###### Welches nachhaltige Investitionsziel wird mit diesem Finanzprodukt angestrebt?
Mit Nachhaltigkeitsindikatore n wird gemessen, inwieweit die nachhaltigen Ziele dieses Finanzprodukts erreicht werden.
Der Teilfonds strebt langfristiges Kapitalwachstum durch Investitionen in nachhaltige Anlagen an.
Der Teilfonds ermittelt wie folgt, ob eine Anlage nachhaltig ist:
- Emittenten, die wirtschaftliche Tätigkeiten ausüben, die zu einem oder mehreren der in der EU-Taxonomie festgelegten Umweltziele beitragen und gemäß der EU-Taxonomie als ökologisch nachhaltig gelten; oder
- Emittenten, bei denen der Großteil ihrer Geschäftstätigkeit (mehr als 50% des Umsatzes) zu Umwelt- oder Sozialzielen beiträgt, die mit einem oder mehreren der Ziele der Vereinten Nationen für nachhaltige Entwicklung („SDG“) in Einklang stehen; oder
- Emittenten, die ein Dekarbonisierungsziel festgelegt haben, das mit einem Temperaturanstiegsszenario mit 1,5 Grad oder weniger vereinbar ist (überprüft durch die Science Based Target Initiative oder ein Fidelity Proprietary Climate Rating), das als Beitrag zu Umweltzielen angesehen wird;sofern sie keinen wesentlichen Schaden anrichten, Mindestabsicherungen bieten und gute Governance-Kriterien aufweisen.

Der Investmentmanager wählt Emittenten auf der Grundlage des Beitrags ihrer wirtschaftlichen Aktivitäten zu ökologischen oder sozialen Zielen aus, die mit den SDGs in Einklang stehen.
Die SDGs umfassen eine Reihe von Zielen, die von den Vereinten Nationen veröffentlicht wurden und in denen anerkannt wird, dass die Beendigung der Armut und anderer Entbehrungen	mit	Verbesserungen	in	den	Bereichen	Gesundheit	und	Bildung, Wirtschaftswachstum und dem Abbau von Ungleichheiten einhergehen muss, während gleichzeitig der Klimawandel bekämpft und auf den Schutz der Ozeane und Wälder des Planeten hingearbeitet werden muss. Weitere Informationen finden Sie auf der Website der Vereinten	Nationen:	https://sdgs.un.org/goals		.	Zu		den	umweltorientierten Nachhaltigkeitszielen gehören sauberes Wasser und Abwasserentsorgung, erschwingliche und saubere Energie, verantwortungsvoller Verbrauch und verantwortungsvolle Produktion sowie Klimaschutzmaßnahmen. Zu den auf soziale Fragen ausgerichteten SDGs gehören die Bekämpfung von Armut, die Ausrottung von Hungersnöten, Wirtschaftswachstum und produktive Beschäftigung, Industrie, Innovation und Infrastruktur sowie die Sicherheit und Nachhaltigkeit von Städten und Gemeinden.
Es wurde keine Benchmark angegeben, um festzustellen, ob das nachhaltige Anlageziel erreicht wird.
Welche Nachhaltigkeitsindikatoren werden zur Messung der Erreichung des nachhaltigen Investitionsziels dieses Finanzprodukts herangezogen?
Der Teilfonds verwendet die folgenden Nachhaltigkeitsindikatoren, um feststellen, ob das von ihm geförderte nachhaltige Anlageziel erreicht wird:
- der Prozentsatz des Teilfonds, der in nachhaltige Anlagen investiert ist;
- der Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit einem Sozialziel bei Wirtschaftsaktivitäten investiert ist, die gemäß der EU-Taxonomie als ökologisch nachhaltig gelten;
- der Prozentsatz des Teilfonds, der in nachhaltige Anlagen bei wirtschaftlichen Aktivitäten mit einem Umweltziel investiert ist, das im Sinne der EU-Taxonomie nicht als ökologisch nachhaltig gilt;
- der Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit einem Sozialziel investiert ist; und
- der Prozentsatz des Teilfonds, der in Anlagen bei Wirtschaftsaktivitäten investiert ist, die gemäß den (nachfolgend definierten) Ausschlusskriterien ausgeschlossen werden.

Wie wird erreicht, dass nachhaltige Investitionen nicht zu einer erheblichen Beeinträchtigung des ökologischen oder sozialen nachhaltigen Investitionsziels führen?
Nachhaltige Anlagen werden auf ihre Beteiligung an Aktivitäten überprüft, die erheblichen Schaden und Kontroversen verursachen, und durch eine Kontrolle bewertet, ob der Emittent Mindestabsicherungen und -standards hinsichtlich der wichtigsten nachteiligen Auswirkungen (PAI) sowie die Leistung bei den PAI-Kennzahlen umsetzt bzw. erfüllt. Dazu gehören:
- Normenbasierte Filterkriterien – das Filtern von Wertpapieren, die gemäß den bestehenden (unten beschriebenen) normenbasierten Filterkriterien von Fidelity ermittelt wurden, anhand von:
- aktivitätsbasierten Filterkriterien – das Filtern von Emittenten auf der Grundlage ihrer Beteiligung an Aktivitäten mit erheblichen negativen Auswirkungen auf die Gesellschaft oder die Umwelt, darunter Emittenten, bei denen aufgrund der Filterkriterien für Kontroversen eine„sehr gravierende“ Kontroverse vorliegt, die im Bereich
- Umwelt,
- Menschenrechte und Gemeinschaften,
- Arbeitnehmerrechte und Lieferkette,
- Kunden,
- Governance angesiedelt ist; und anhand von
	- PAI-Indikatoren. Quantitative Daten (sofern verfügbar) zu PAI-Indikatoren werden verwendet, um zu bewerten, ob ein Emittent an Aktivitäten beteiligt ist, die einem Umwelt- oder Sozialziel erheblichen Schaden zufügen.


Bei den wichtigsten nachteiligen Auswirkungen handelt es sich um die bedeutendsten nachteiligen Auswirkungen von Investitionsentscheidun- gen auf NachhaItigkeitsfaktoren in den Bereichen Umwelt, Soziales und Beschäftigung, Achtung der Menschenrechte und Bekämpfung von Korruption und Bestechung.
Wie wurden die Indikatoren für nachteilige Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Wie oben beschrieben führt Fidelity eine quantitative Bewertung durch, um Emittenten mit einer problematischen Leistung bei PAI-Indikatoren zu ermitteln. Emittenten mit einer niedrigen Punktzahl kommen nur dann für „nachhaltige Anlagen“ infrage, wenn die Fundamentalresearch von Fidelity feststellt, dass der Emittent nicht gegen die Anforderungen verstößt, „keinen wesentlichen Schaden anrichtet“ oder sich auf einem guten Weg befindet, um die nachteiligen Auswirkungen durch effektives Management oder einen Übergang abzumildern.
Wie stehen die nachhaltigen Investitionen mit den OECD-Leitsätzen für multinationale Unternehmen und den Leitprinzipien der Vereinten Nationen für Wirtschaft und Menschenrechte in Einklang?
Es werden normenbasierte Filterkriterien angewendet: Emittenten, bei denen festgestellt wurde, dass sie sich nicht in einer Weise verhalten, die ihrer grundlegenden Verantwortung in den Bereichen Menschenrechte, Arbeit, Umwelt und Korruptionsbekämpfung im Einklang mit internationalen Normen gerecht wird, darunter denjenigen, die in den OECD-Leitsätzen für multinationale Unternehmen, den Leitprinzipien der Vereinten Nationen für Wirtschaft und Menschenrechte, dem UN Global Compact (UNGC) und den Konventionen der Internationalen Arbeitsorganisation (ILO) festgelegt sind, kommen für nachhaltige Investitionen nicht infrage.

###### Werden bei diesem Finanzprodukt die wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Ja
- NeinDie wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren werden mit Hilfe einer Vielzahl von Instrumenten berücksichtigt und in Anlageentscheidungen einbezogen. Hierzu zählen:
- Due Diligence – Analyse, ob die wichtigsten nachteiligen Auswirkungen (PAI) wesentlich undnegativ sind.
- ESG-Rating – Fidelity bezieht sich auf ESG-Ratings, die wesentliche nachteilige Auswirkungen wie CO2-Emissionen, Mitarbeitersicherheit, Bestechung und Korruption sowie Wassermanagement berücksichtigen, und bei den von Staaten ausgegebenen Wertpapieren berücksichtigen die verwendeten Ratings wichtige nachteilige Auswirkungen (PAI) wie CO2-Emissionen, Sozialverstöße und die Meinungsfreiheit.
- Ausschlusskriterien – Bei Direktanlagen in Unternehmen als Emittenten wendet der Teilfonds die (unten definierten) Ausschlusskriterien an, um die wichtigsten nachteiligen Auswirkungen abzumildern. Dazu schließt er schädliche Sektoren aus und verbietet Investitionen in Emittenten, die gegen internationale Standards wie den UNGC verstoßen.
- Mitwirkung – Fidelity nutzt Mitwirkung als ein Instrument, um die wichtigsten nachteiligen Auswirkungen besser zu verstehen und sich unter bestimmten Umständen für die Abmilderung der wichtigsten nachteiligen Auswirkungen einzusetzen. Fidelity beteiligt sich an relevanten individuellen und kollaborativen Engagements, die auf eine Reihe von wichtigen negativen Auswirkungen abzielen (z. B. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Abstimmungsverhalten	 –	Die	Abstimmungsrichtlinie		von	Fidelity	legt	explizite Mindeststandards	für	die	Geschlechtervielfalt	in	den	Leitungsorganen		und		für	die Berücksichtigung des Klimawandels durch die Unternehmensemittenten fest. Fidelity kann auch auf eine Weise abstimmen, dass die wichtigsten nachteiligen Auswirkungen abgemildert werden.
- Vierteljährliche Überprüfungen – Überwachung der wichtigsten nachteiligen Auswirkungen (PAI) durch den vierteljährlichen Überprüfungsprozess des Teilfonds.

Wenn es um die Frage geht, ob Investitionen eine wesentliche nachteilige Auswirkung haben, berücksichtigt Fidelity für jeden Nachhaltigkeitsfaktor spezifische Indikatoren. Diese Indikatoren hängen von der Datenverfügbarkeit ab und können sich mit zunehmender Datenqualität und
-verfügbarkeit weiterentwickeln.
Informationen über die wichtigsten nachteiligen Auswirkungen werden im Jahresbericht des Teilfonds zur Verfügung gestellt.

###### Welche Anlagestrategie wird mit diesem Finanzprodukt verfolgt?
Die Anlagestrategie dient aIs Richtschnur für Investitionsentscheidun- gen, wobei bestimmte Kriterien wie beispielsweise Investitionsziele oder Risikotoleranz
berücksichtigt werden.
Der Fonds gehört zur Familie der Fidelity Nachhaltigkeitsfonds und verfolgt eine auf Nachhaltigkeit fokussierte Strategie. Der Teilfonds investiert in Unternehmen, die zu Umwelt- oder Sozialzielen beitragen, die mit einem oder mehreren der SDG in Einklang stehen, keinen wesentlichen Schaden anrichten, Mindestabsicherungen bieten und Anforderungen an eine gute Governance erfüllen.
Bei der aktiven Verwaltung des Teilfonds identifiziert der Investment Manager Anlageideen und stützt sich dabei, um das Anlageuniversum einzugrenzen, auf eine Kombination aus Research von Fidelity, Research von Drittanbietern, Beiträgen aus quantitativen Ausschlusskriterien und Besprechungen mit Unternehmen. Um Aktien mit einem Potenzial für hohe Anlagerenditen auszuwählen, konzentrieren sich die Aktienresearch und die Aktienauswahl, mit Hilfe rigoroser Bottom-up-Finanzanalysen und -bewertungen, auf die Beurteilung des ESG-Profils, der Fundamentaldaten und der Ausrichtung hinsichtlich der CO2-Emissionen.
Schlüsselkomponenten der Anlagestrategie:
(i) Nachhaltige Anlagen: Mindestens 80% des Vermögens des Teilfonds werden in nachhaltige Anlagen (laut obiger Definition) investiert.
(ii) Keinen wesentlichen Schaden anrichten; der Teilfonds wendet die oben dargelegten Kriterien für „Keinen wesentlichen Schaden anrichten“ auf alle im Fonds gehaltenen Direktanlagen an.
(Iii) Mindestabsicherungen; Der Fonds schließt Direktanlagen in Unternehmen aus, die ihre Geschäfte nicht in Übereinstimmung mit anerkannten internationalen Normen betreiben, darunter die OECD-Leitsätze für multinationale Unternehmen, die Leitprinzipien der Vereinten Nationen für Wirtschaft und Menschenrechte, der UN Global Compact (UNGC) und die Konventionen der Internationalen Arbeitsorganisation (ILO).
(v) Gute Unternehmensführung; Alle Beteiligungsunternehmen des Teilfonds werden auf Kontroversen überprüft, darunter auf Steuer-, Bestechungs- und Korruptionsvorwürfe.
- Ausschlüsse; der Investmentmanager schließt Investitionen in Emittenten mit einem MSCI ESG Rating unter „BBB“ aus, und der Teilfonds unterliegt in Bezug auf seine direkten Investitionen den folgenden Bestimmungen:
	- eine unternehmensweite Ausschlussliste, die Streumunition und Antipersonenlandminen umfasst; und
	- eine prinzipienbasierte Ausschlussrichtlinie, die Folgendes umfasst:
		- normenbasierte Filterung von Emittenten, die nach Ansicht des Investmentmanagers ihre Geschäfte nicht im Einklang mit internationalen Normen, darunter denen des UNGC, durchgeführt haben; und
		- Negativfilterung bestimmter Sektoren, Emittenten oder Praktiken auf der Grundlage konkreter ESG-Kriterien, bei denen zudem Umsatzschwellen angewendet werden können.



Es liegt im Ermessen des Investmentmanagers, unter Berücksichtigung des jeweiligen Anlageprozesses von Zeit zu Zeit zusätzliche Nachhaltigkeits- und Ausschlusskriterien anzuwenden.
Die oben genannten Ausschluss- und Filterkriterien (die „Ausschlusskriterien“) werden möglicherweise von Zeit zu Zeit aktualisiert. Weitere Informationen finden Sie auf der Website Sustainable investing framework (fidelityinternational.com).
- CO2-Fußabdruck: Der Teilfonds ist bestrebt, eine bessere CO2-Bilanz als der MSCI EMU Index zu erreichen. Der CO2-Fußabdruck ist definiert als die Anzahl der Tonnen an CO2-Emissionen pro 1 Mio. USD Umsatz.

Darüber hinaus bewertet der Fonds die ESG-Ratings (entweder anhand externer Ratings oder der Fidelity ESG-Ratings) von mindestens 90% des Fondsvermögens und verkleinert das Anlageuniversum des Teilfonds bei der Auswahl der Anlagen aufgrund des Ausschlusses von Emittenten wegen ihrer ESG-Eigenschaften um mindestens 20%.
Worin bestehen die verbindlichen Elemente der Anlagestrategie, die für die Auswahl der Investitionen zur Erreichung des nachhaltigen Investitionsziels verwendet werden?
Der Teilfonds investiert mindestens 80% seines Vermögens in nachhaltige Anlagen, von denen mindestens 3% ein Umweltziel verfolgen, das sich an der EU-Taxonomie orientiert, mindestens 35% ein Umweltziel (das sich nicht an der EU-Taxonomie orientiert) und mindestens 20% ein Sozialziel;
letzteres allerdings unter der Voraussetzung, dass besagte Investitionen keines dieser Ziele wesentlich gefährden und dass die Beteiligungsunternehmen die Regeln guter Unternehmensführung einhalten.
Um das Ziel für nachhaltige Anlagen zu erreichen, verpflichtet sich der Teilfonds zur Auswahl von Unternehmen, deren wirtschaftliche Tätigkeit zu einem Umwelt- oder Sozialziel beiträgt, das, wie im Abschnitt zur Anlagestrategie weiter oben beschrieben, mit einem oder mehreren der SDG in Einklang steht.
Darüber hinaus bewertet der Teilfonds die ESG-Eigenschaften von mindestens 90% der Vermögenswerte des Teilfonds, und das Anlageuniversum des Teilfonds wird durch den Ausschluss von Emittenten aufgrund ihrer ESG-Eigenschaften um mindestens 20% verkleinert.
Der Teilfonds wird die Ausschlüsse wie oben beschrieben systematisch anwenden.
Die Verfahrensweisen einer guten
Unternehmensführung umfassen solide Managementstrukturen, die Beziehungen zu den Arbeitnehmern, die Vergütung von Mitarbeitern sowie die Einhaltung der Steuervorschriften.
Wie werden die Verfahrensweisen einer guten Unternehmensführung der Unternehmen, in die investiert wird, bewertet?
Alle Beteiligungsunternehmen werden auf Kontroversen überprüft, darunter auf Steuer-, Bestechungs- und Korruptionsvorwürfe, um dazu beizutragen, die Anforderungen an eine verantwortungsvolle Unternehmensführung für Beteiligungsunternehmen zu erfüllen. In Ergänzung dieser Ausschlusskriterien werden die Governance-Praktiken von Emittenten mittels Fundamental-Research bewertet.
Zu den wichtigsten der analysierten Fragen gehören die Erfolgsbilanz hinsichtlich: Kapitalallokation, finanzieller Transparenz, Transaktionen mit nahestehenden Unternehmen und Personen, Unabhängigkeit und Größe des Vorstands, Vergütung von Führungskräften, Wirtschaftsprüfung und interner Revision, Rechte der Minderheitsaktionäre und anderer Indikatoren.

###### Wie sehen die Vermögensallokation und der Mindestanteil der nachhaltigen Investitionen aus?
Die Vermögensallokation gibt den jeweiligen Anteil der Investitionen in bestimmte Vermögenswerte an.
Taxonomiekonforme Tätigkeiten, ausgedrückt durch den Anteil der:
- Umsatzerlöse, die den Anteil der Einnahmen aus umweltfreundlichenAktivitäten der Unternehmen, in die investiert wird, widerspiegeln
- Investitionsausgaben (CapEx), die die umweltfreundlichen Investitionen der Unternehmen, in die investiert wird, aufzeigen,z.B. für den Übergang zu einer grünen Wirtschaft- Betriebsausgaben (OpEx), die die umweltfreundlichenbetrieblichen Aktivitäten der Unternehmen, in die investiert wird, widerspiegeln(#1 Nachhaltig) Der Teilfonds investiert mindestens 80% seines Vermögens in nachhaltige Anlagen, von denen mindestens 3% ein Umweltziel verfolgen, das an der EU-Taxonomie orientiert ist, mindestens 35% ein Umweltziel (das nicht an der EU-Taxonomie orientiert ist) und mindestens 20% ein Sozialziel haben. Die übrigen nachhaltigen Anlagen des Teilfonds können ein Umwelt- oder Sozialziel verfolgen.

Wie wird durch den Einsatz von Derivaten das nachhaltige lnvestitionsziel erreicht?
Wenn davon ausgegangen wird, dass das einem Derivat zugrunde liegende Wertpapier zum nachhaltigen Anlageziel des Teilfonds beiträgt, darf das Derivat eingesetzt werden, um zur Erreichung des nachhaltigen Anlageziels beizutragen.
In welchem Mindestmaß sind nachhaltige Investitionen mit einem Umweltziel mit der EU-Taxonomie konform?
Der Teilfonds investiert mindestens 3% in nachhaltige Anlagen mit einem Umweltziel, die mit der EU-Taxonomie konform sind.
Die Konformität der Anlagen des Teilfonds mit der EU-Taxonomie wird nicht durch Wirtschaftsprüfer oder mittels einer Überprüfung durch Dritte sichergestellt.
Die Ausrichtung der zugrunde liegenden Anlagen des Teilfonds an der EU-Taxonomie wird anhand des Umsatzes gemessen.
Investiert das Finanzprodukt in Aktivitäten im Zusammenhang mit fossilem Gas und/oder Kernenergie, die der EU-Taxonomie¹ entsprechen?
- JaNein
- In fossiles Gas	In Kernenergie¹ Tätigkeiten im Bereich fossiles Gas und/oder Kernenergie sind nur dann EU-taxonomiekonform, wenn sie zur Eindämmung des Klimawandels („Klimaschutz“) beitragen und kein Ziel der EU-Taxonomie erheblich beeinträchtigen – siehe Erläuterung am linken Rand. Die vollständigen Kriterien für EU-taxonomiekonforme Wirtschaftstätigkeiten im Bereich fossiles Gas und Kernenergie sind in der Delegierten Verordnung (EU) 2022/1214 der Kommission festgelegt.

Wie wird durch den Einsatz von Derivaten das nachhaltige lnvestitionsziel erreicht?
Der Teilfonds investiert mindestens 0% in Übergangstätigkeiten und ermöglichende Tätigkeiten.
Wie hoch ist der Mindestanteil nachhaltiger Investitionen mit einem Umweltziel, die nicht mit der EU-Taxonomie konform sind?
Der Teilfonds investiert mindestens 35% in nachhaltige Anlagen mit einem Umweltziel, das nicht an der EU-Taxonomie orientiert ist.
Die Anlagen können zwar an der EU-Taxonomie ausgerichtet sein, aber der Investmentmanager ist derzeit nicht in der Lage, den genauen Anteil der Anlagen des Teilfonds anzugeben, die die EU-Kriterien für ökologisch nachhaltiges Wirtschaften berücksichtigen. Die Position wird jedoch weiterhin überprüft, wenn die zugrunde liegenden Regeln festgelegt sind und im Laufe der Zeit mehr zuverlässige Daten zur Verfügung stehen.
Wie hoch ist der Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel?
Der Teilfonds investiert mindestens 20% in nachhaltige Anlagen mit einem Sozialziel.
Welche Investitionen fallen unter ,,#2 Nicht nachhaltige Investitionen", welcher
Anlagezweck wird mit ihnen verfolgt und gibt es einen ökologischen oder sozialen Mindestschutz?
Investitionen, die unter „# 2 Nicht nachhaltig“ genannt werden, können erfolgen in: liquide Mittel, Geldmarktinstrumente, Absicherungsgeschäfte und Geschäfte für effiziente Portfolioverwaltung.
Darüber hinaus darf keine der Direktanlagen des Teilfonds eines der Ausschlusskriterien erfüllen und den Umwelt- oder Sozialzielen keinen nennenswerten Schaden zufügen. Die entsprechenden Unternehmen müssen gute Governance-Praktiken einhalten und dürfen die Verwirklichung des Anlageziels „Nachhaltigkeit“ nicht beeinträchtigen.

###### Wurde zur Erreichung des nachhaltigen Investitionsziels ein bestimmter Index als Referenzwert bestimmt?
Es wird kein bestimmter Index als Benchmark angegeben, um festzustellen, ob das nachhaltige Anlageziel erreicht wird.
Bei den Referenzwerten handelt es sich um Indizes, mit denen gemessen wird, ob das nachhaltige Investitionsziel des Finanzprodukts erreicht wird.
Inwiefern werden bei dem Referenzwert Nachhaltigkeitsfaktoren kontinuierlich im Einklang mit dem nachhaltigen Investitionsziel berücksichtigt?
Diese Frage ist hier nicht relevant.
Wie wird die kontinuierliche Ausrichtung der Anlagestrategie auf die Indexmethode sichergestellt?
Diese Frage ist hier nicht relevant.
Wie unterscheidet sich der bestimmte Index von einem relevanten breiten Marktindex?
Diese Frage ist hier nicht relevant.
Wo kann die Methode zur Berechnung des bestimmten Indexes eingesehen werden?
Diese Frage ist hier nicht relevant.

###### 	Wo kann ich im Internet weitere produktspezifische Informationen finden?
Weitere produktspezifische Informationen finden Sie auf der Website: https:/www.fidelity.lu/funds/factsheet/LU0238202427/tab-disclosure#SFDR-disclosure. 
Weitere Informationen zu den hier dargelegten Methoden finden Sie auf der Website: System fürnachhaltiges Investieren (fidelityinternational.com).
Vorvertragliche Informationen zu den in Artikel 8 Absätze 1, 2 und 2a der Verordnung (EU) 2019/2088 und Artikel 6 Absatz 1 der Verordnung (EU) 2020/852 genannten Finanzprodukten
Name des Produkts:	Unternehmenskennung (LEI- Code):
Fidelity Funds - Sustainable European Smaller Companies Fund	54930019YO0DBESUKT66

###### Ökologische und/oder soziale Merkmale
| Werden mit diesem Finanzprodukt nachhaltige Investitionen angestrebt? |
| --- |
|  | - Ja
 |  | Nein |
| - Es wird damit ein MindestanteiI an nachhaltigen Investitionen mit einem Umweltziel getätigt:%
	- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie als ökologisch nachhaltig einzustufen sind
	- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie nicht als ökologisch nachhaltig einzustufen sind

- Es wird damit ein Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel getätigt:%
 | Es werden damit ökologische/soziale Merkmale beworben und obwohl keine nachhaltigen Investitionen angestrebt werden, enthält es einen Mindestanteil von 5% an nachhaltigen Investitionen. - mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie als ökologisch nachhaltig einzustufen sindmit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie nicht als ökologisch nachhaltig einzustufen sindmit einem sozialen Ziel
- Es	werden		damit	ökologische/soziale Merkmale	beworben,		aber	keinenachhaltigen Investitionen getätigt.
 |

Welche ökologischen und/ oder sozialen Merkmale werden mit diesem Finanzprodukt beworben?
Mit Nachhaltigkeitsin- dikatoren wird gemessen, inwieweit die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht werden.
Der Teilfonds fördert Umwelt- und Sozialeigenschaften, indem er in Wertpapiere von Emittenten mit guten ESG-Eigenschaften investiert. Gute ESG-Eigenschaften werden anhand von ESG-Ratings ermittelt. ESG-Ratings berücksichtigen Umwelteigenschaften wie CO2-Intensität, CO2-Emissionen, Energieeffizienz, Wasser- und Abfallmanagement und Biodiversität sowie Sozialeigenschaften wie Produktsicherheit, Lieferkette, Gesundheit und Sicherheit sowie Menschenrechte.
Der Teilfonds ist in gewissem Maße bestrebt, nachhaltige Anlagen zu tätigen.
Es wird keine Referenzbenchmark festgelegt, um die geförderten Umwelt- und Sozialeigenschaften zu erreichen.
einzelnen ökologischen oder sozialen Merkmale, die durch dieses Finanzprodukt beworben werden, herangezogen?
Der Teilfonds verwendet die folgenden Nachhaltigkeitsindikatoren, um die Ausprägung der von ihm geförderten Umwelt- oder Sozialeigenschaften zu messen:
- der  Prozentsatz des Teilfonds, der in Wertpapieren von Emittenten mit guten ESG-Eigenschaften im Einklang mit dem System für nachhaltiges Investieren von Fidelity investiert ist;
- in Bezug auf seine Direktanlagen der Prozentsatz des Teilfonds, der in Wertpapiere von Emittenten investiert ist, auf die Ausschlusskriterien (wie unten definiert) zutreffen;
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen investiert ist; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel bei Wirtschaftsaktivitäten investiert ist, die gemäß der EU-Taxonomie nicht als ökologisch nachhaltig gelten; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel investiert ist.

Welches sind die Ziele der nachhaltigen Investitionen, die mit dem
Finanzprodukt teilweise getätigt werden sollen, und wie trägt die nachhaltige Investition zu diesen Zielen bei?
Der Teilfonds ermittelt wie folgt, ob eine Anlage nachhaltig ist:
- Emittenten, die wirtschaftliche Tätigkeiten ausüben, die zu einem oder mehreren der in der EU-Taxonomie festgelegten Umweltziele beitragen und gemäß der EU-Taxonomie als ökologisch nachhaltig gelten; oder
- Emittenten, bei denen der Großteil ihrer Geschäftstätigkeit (mehr als 50% des Umsatzes) zu Umwelt- oder Sozialzielen beiträgt, die mit einem oder mehreren der Ziele der Vereinten Nationen für nachhaltige Entwicklung („SDG“) in Einklang stehen; oder
- Emittenten, die ein Dekarbonisierungsziel festgelegt haben, das mit einem Temperaturanstiegsszenario mit 1,5 Grad oder weniger vereinbar ist (überprüft durch die Science Based Target Initiative oder ein Fidelity Proprietary Climate Rating), das als Beitrag zu Umweltzielen angesehen wird;sofern sie keinen wesentlichen Schaden anrichten, Mindestabsicherungen bieten und gute Governance-Kriterien aufweisen.

teilweise getätigt werden sollen, keinem der ökologischen oder sozialen nachhaltigen Anlageziele erheblich schaden?
Nachhaltige Anlagen werden auf ihre Beteiligung an Aktivitäten überprüft, die erheblichen Schaden und Kontroversen verursachen, und durch eine Kontrolle bewertet, ob der Emittent Mindestabsicherungen und -standards hinsichtlich der wichtigsten nachteiligen Auswirkungen (PAI) sowie für die Leistung bei den PAI-Kennzahlen umsetzt bzw. erfüllt. Dazu gehören:
- Normenbasierte Filterkriterien – das Filtern von Wertpapieren, die gemäß den bestehenden (unten beschriebenen) normenbasierten Filterkriterien von Fidelity ermittelt wurden, anhand von:
- aktivitätsbasierten Filterkriterien – das Filtern von Emittenten auf der Grundlage ihrer Beteiligung an Aktivitäten mit erheblichen negativen Auswirkungen auf die Gesellschaft oder die Umwelt, darunter Emittenten, bei denen aufgrund der Filterkriterien für Kontroversen eine„sehr gravierende“ Kontroverse vorliegt, die im Bereich
- Umwelt,
- Menschenrechte und Gemeinschaften,
- Arbeitnehmerrechte und Lieferkette,
- Kunden,
- Governance angesiedelt ist; und anhand von
	- PAI-Indikatoren. Quantitative Daten (sofern verfügbar) zu PAI-Indikatoren werden verwendet, um zu bewerten, ob ein Emittent an Aktivitäten beteiligt ist, die einem Umwelt- oder Sozialziel erheblichen Schaden zufügen.


Bei den wichtigsten nachteiligen Auswirkungen handelt es sich um die bedeutendsten nachteiligen Auswirkungen von Investitionsentscheidun- gen auf NachhaItigkeitsfaktoren in den Bereichen Umwelt, Soziales und Beschäftigung, Achtung der Menschenrechte und Bekämpfung von Korruption und Bestechung.
Wie wurden die Indikatoren für nachteilige Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Für nachhaltige Anlagen, wie oben beschrieben, führt Fidelity eine quantitative Bewertung  durch,  um  Unternehmen  mit  einer  problematischen  Leistung  bei PAI-Indikatoren zu ermitteln. Emittenten mit einer niedrigen Punktzahl kommen nur dann für „nachhaltige Anlagen“ infrage, wenn die Fundamentalresearch von Fidelity feststellt, dass der Emittent nicht gegen die Anforderungen verstößt, „keinen wesentlichen Schaden anrichtet“ oder sich auf einem Weg befindet, um die nachteiligen Auswirkungen durch effektives Management oder einen Übergang abzumildern.
Wie stehen die nachhaltigen Investitionen mit den OECD-Leitsätzen für multinationale Unternehmen und den Leitprinzipien der Vereinten Nationen für Wirtschaft und
Menschenrechte in Einklang? Nähere Angaben:
Es werden normenbasierte Filterkriterien angewendet: Emittenten, bei denen festgestellt wurde, dass sie sich nicht in einer Weise verhalten, die ihrer grundlegenden Verantwortung in den Bereichen Menschenrechte, Arbeit, Umwelt und Korruptionsbekämpfung im Einklang mit internationalen Normen gerecht wird, darunter denjenigen, die in den OECD-Leitsätzen für multinationale Unternehmen, den Leitprinzipien der Vereinten Nationen für Wirtschaft und Menschenrechte, dem UN Global Compact (UNGC) und den IAO-Standards der Internationalen Arbeitsorganisation (ILO) festgelegt sind, kommen für nachhaltige Investitionen nicht infrage.
In der EU-Taxonomie ist der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" festgelegt, nach dem taxonomiekonforme Investitionen die Ziele der EU-Taxonomie nicht erheblich beeinträchtigen dürfen, und es sind spezifische EU-Kriterien beigefügt. Der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" findet nur bei denjenigen dem Finanzprodukt zugrunde liegenden Investitionen Anwendung, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten berücksichtigen. Die dem verbleibenden Teil dieses  Finanzprodukts zugrunde  liegenden Investitionen berücksichtigen nicht die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten. Alle anderen nachhaltigen Investitionen dürfen ökologische oder soziale Ziele ebenfalls nicht erheblich beeinträchtigen.

###### Werden bei diesem Finanzprodukt die wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Ja
- NeinDie wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren werden mit Hilfe einer Vielzahl von Instrumenten berücksichtigt und in Anlageentscheidungen einbezogen. Hierzu zählen:
- Due Diligence – Analyse, ob die wichtigsten nachteiligen Auswirkungen (PAI) wesentlich und negativ sind.
- ESG-Rating – Fidelity bezieht sich auf ESG-Ratings, die wesentliche nachteilige Auswirkungen wie CO2-Emissionen, Mitarbeitersicherheit, Bestechung und Korruption sowie Wassermanagement berücksichtigen, und bei den von Staaten ausgegebenen Wertpapieren berücksichtigen die verwendeten Ratings wichtige nachteilige Auswirkungen (PAI) wie CO2-Emissionen, Sozialverstöße und die Meinungsfreiheit.
- Ausschlusskriterien – Bei Direktanlagen in Unternehmen als Emittenten wendet der Teilfonds die (unten definierten) Ausschlusskriterien an, um die wichtigsten nachteiligen Auswirkungen abzumildern. Dazu schließt er schädliche Sektoren aus und verbietet Investitionen in Emittenten, die gegen internationale Standards wie den UNGC verstoßen.
- Mitwirkung – Fidelity nutzt Mitwirkung als ein Instrument, um die wichtigsten nachteiligen Auswirkungen besser zu verstehen und sich unter bestimmten Umständen für die Abmilderung der wichtigsten nachteiligen Auswirkungen einzusetzen. Fidelity beteiligt sich an relevanten individuellen und kollaborativen Arten der Mitwirkung, die auf eine Reihe von wichtigen negativen Auswirkungen abzielen (z. B. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Abstimmungsverhalten – Die Abstimmungspolitik von Fidelity umfasst bei Unternehmen als Emittenten explizite Mindeststandards für die Geschlechtervielfalt im Aufsichtsrat und die Auseinandersetzung mit dem Klimawandel. Fidelity kann auch auf eine Weise abstimmen, dass die wichtigsten nachteiligen Auswirkungen abgemildert werden.
- Vierteljährliche Überprüfungen – Überwachung der wichtigsten nachteiligen Auswirkungen (PAI) durch den vierteljährlichen Überprüfungsprozess des Teilfonds.

Wenn es um die Frage geht, ob Investitionen eine wesentliche nachteilige Auswirkung haben, berücksichtigt Fidelity für jeden Nachhaltigkeitsfaktor spezifische Indikatoren. Diese Indikatoren hängen von der Datenverfügbarkeit ab und können sich mit zunehmender Datenqualität und
-verfügbarkeit weiterentwickeln.
Informationen über die wichtigsten nachteiligen Auswirkungen werden im Jahresbericht des Teilfonds zur Verfügung gestellt.

###### Welche Anlagestrategie wird mit diesem Finanzprodukt verfolgt?
Die Anlagestrategie dient aIs Richtschnur für Investitionsentscheidun- gen, wobei bestimmte Kriterien wie beispielsweise Investitionsziele oder Risikotoleranz
berücksichtigt werden.
Der Teilfonds gehört zur Familie der Fidelity Nachhaltigkeitsfonds und verfolgt eine auf Nachhaltigkeit ausgerichtete Strategie, nach der mindestens 70% des Nettovermögens des Teilfonds in Wertpapiere investiert werden, die gute ESG-Eigenschaften aufweisen.
Ob ESG-Eigenschaften gut sind, wird anhand von ESG-Ratings externer Agenturen und von Fidelity ESG-Ratings ermittelt.
Emittenten, deren Rating sie für die Zwecke des Primärziels (mindestens 70% des Vermögens) als ungeeignet zur Einstufung als Unternehmen mit guten ESG-Eigenschaften erscheinen lässt, können im Umfang von bis zu 30% des Nettovermögens aufgenommen werden, sofern sie nachweisen können, dass sie sich hinsichtlich ihrer ESG-Eigenschaften auf dem Weg der Besserung befinden.
Bei der Auswahl der Anlagen wird das Anlageuniversum des Teilfonds durch den Ausschluss von Emittenten aufgrund ihrer ESG-Eigenschaften um mindestens 20% verkleinert.
Innerhalb dieses Anlageuniversums wählt der Investmentmanager Aktien mit Hilfe rigoroser Bottom-up-Finanzanalysen und -bewertungen aus, um Aktien mit einem Potenzial für hohe Anlagerenditen auszuwählen.
In Bezug auf seine Direktanlagen berücksichtigt der Teilfonds:
- eine unternehmensweite Ausschlussliste, die Streumunition und Antipersonenminen umfasst, und
- eine prinzipienbasierte Ausschlussrichtlinie, die Folgendes beinhaltet:
	- eine normenbasierte Filterung von Emittenten, die nach Auffassung des Investmentmanagers ihre Geschäfte nicht in Übereinstimmung mit internationalen Normen, darunter denen des UNGC, geführt haben; und
	- ein Filterkriterium, durch das bestimmte Sektoren, Emittenten oder Praktiken auf der Grundlage konkreter ESG-Kriterien ausgeschlossen werden können, wobei für diese Kriterien möglicherweise auch Umsatzschwellen angewendet werden.


Die oben genannten Ausschluss- und Filterkriterien (die „Ausschlusskriterien“) werden möglicherweise von Zeit zu Zeit aktualisiert. Weitere Informationen erhalten Sie auf der Website Sustainable investing framework (fidelityinternational.com).
Es steht zudem im Ermessen des Investmentmanagers, von Zeit zu Zeit erweiterte, strengere Nachhaltigkeitsanforderungen und Ausschlusskriterien anzuwenden.
Worin bestehen die verbindlichen Elemente der Anlagestrategie, die für die Auswahl der Investitionen zur Erfüllung der beworbenen ökologischen oder sozialen Ziele verwendet werden?
Der Teilfonds investiert:
- mindestens 70% seines Vermögens in Emittenten mit guten ESG-Eigenschaften;
- mindestens 5% in nachhaltige Anlagen, von denen mindestens 0% ein Umweltziel verfolgen, das sich an der EU-Taxonomie orientiert, mindestens 1% ein Umweltziel, das sich nicht an der EU-Taxonomie orientiert, und mindestens 1% ein Sozialziel.

Bei der Auswahl der Anlagen wird das Anlageuniversum des Teilfondsum mindestens 20% reduziert, da Emittenten aufgrund ihrer ESG-Eigenschaften ausgeschlossen werden.
Darüber hinaus wird der Teilfonds die oben beschriebenen Ausschlusskriterien wie oben beschrieben auf Direktanlagen anwenden.
Um welchen Mindestsatz wird der Umfang der vor der Anwendung dieser Anlagestrategie in Betracht gezogenen Investitionen reduziert?
Bei der Auswahl der Anlagen wird das Anlageuniversum des Teilfonds durch den Ausschluss von Emittenten aufgrund ihrer ESG-Eigenschaften um mindestens 20% verkleinert.
Die Verfahrensweisen einer guten
Unternehmensführung umfassen solide Managementstrukturen, die Beziehungen zu den Arbeitnehmern, die Vergütung von Mitarbeitern sowie die Einhaltung der Steuervorschriften.
Wie werden die Verfahrensweisen einer guten Unternehmensführung der Unternehmen, in die investiert wird, bewertet?
Die Governance-Praktiken der Emittenten werden anhand von Fundamentalresearch bewertet, die Fidelity ESG-Ratings sowie Daten zu Kontroversen und Verstößen gegen den UN Global Compact berücksichtigt.
Zu den wichtigsten Punkten, die analysiert werden, gehören unter anderem die Erfolgsbilanz der Kapitalallokation, die finanzielle Transparenz, Transaktionen mit nahestehenden Parteien, die Unabhängigkeit und Größe des Vorstands, die Vergütung der Führungskräfte, die Abschlussprüfer und die interne Aufsicht sowie die Rechte der Minderheitsanteilinhaber.

###### Welche Vermögensallokation ist für dieses Finanzprodukt geplant?
Die Vermögensallokation gibt den jeweiligen Anteil der Investitionen in bestimmte Vermögenswerte an.
Taxonomiekonforme Tätigkeiten, ausgedrückt durch den Anteil der:
- Umsatzerlöse, die den Anteil der Einnahmen aus umweltfreundlichenAktivitäten der Unternehmen, in die investiert wird, widerspiegeln
- Investitionsausgaben (CapEx), die die umweltfreundlichen Investitionen der Unternehmen, in die investiert wird, aufzeigen,z.B. für den Übergang zu einer grünen Wirtschaft- Betriebsausgaben (OpEx), die die umweltfreundlichenbetrieblichen Aktivitäten der Unternehmen, in die investiert wird, widerspiegeln(#1 Ausgerichtet an E/S-Eigenschaften) Der Teilfonds investiert:
- mindestens 70% seines	Vermögens	in	Wertpapiere	von	Emittenten	mit	guten ESG-Eigenschaften,
- mindestens 5% seines Vermögens in nachhaltige (#1A nachhaltig) Anlagen, von denen mindestens 0% ein Umweltziel verfolgen (das an der EU-Taxonomie ausgerichtet ist), mindestens 1% ein Umweltziel haben (das nicht an der EU-Taxonomie ausgerichtet ist) und mindestens 1% ein Sozialziel haben. Die übrigen nachhaltigen Anlagen des Teilfonds können ein Umwelt- oder Sozialziel verfolgen.

Sonstige Umweltziele 1%
(#1B Sonstige E/S-Eigenschaften) Umfasst Wertpapiere von Emittenten mit guten ESG-Eigenschaften, die aber keine nachhaltigen Anlagen sind.
#1A Nachhaltige
Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale
70%
Investitionen 5%
#1B Andere ökologische oder soziale Merkmale
Soziales 1%
#2 Andere Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst Investitionen des Finanzprodukts, die zur Erreichung der beworbenen ökologischen oder sozialen Merkmale getätigt wurden.
#2 Andere Investitionen umfasst die übrigen Investitionen des Finanzprodukts, die weder auf ökologische oder soziale Merkmale ausgerichtet sind noch als nachhaltige Investitionen eingestuft werden.
Die Kategorie #1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst folgende Unterkategorien:
Die Unterkategorie #1A Nachhaltige Investitionen umfasst nachhaltige Investitionen mit ökologischen oder sozialen Zielen.
Die Unterkategorie #1B Andere ökologische oder soziale Merkmale umfasst Investitionen, die auf ökologische oder soziale Merkmale ausgerichtet sind, aber nicht als nachhaltige Investitionen eingestuft werden.
Inwiefern werden durch den Einsatz von Derivaten die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht?
Wenn das einem Derivat zugrunde liegende Wertpapier im Einklang mit dem System für nachhaltiges Investieren von Fidelity gute ESG-Eigenschaften aufweist, darf das Derivat zur Feststellung des Teilfondsanteils berücksichtigt werden, der Umwelt- oder Sozialeigenschaften fördert.
In welchem Mindestmaß sind nachhaltige Investitionen mit einem Umweltziel mit der EU-Taxonomie konform?
Der Teilfonds investiert mindestens 0% in nachhaltige Anlagen mit einem Umweltziel, die mit der EU-Taxonomie konform sind.
Die Konformität der Anlagen des Teilfonds mit der EU-Taxonomie wird nicht durch Wirtschaftsprüfer oder mittels einer Überprüfung durch Dritte sichergestellt.
Die Ausrichtung der zugrunde liegenden Anlagen des Teilfonds an der EU-Taxonomie wird anhand des Umsatzes gemessen.
Investiert das Finanzprodukt in Aktivitäten im Zusammenhang mit fossilem Gas und/oder Kernenergie, die der EU-Taxonomie¹ entsprechen?
- JaNein
- In fossiles Gas	In KernenergieWie hoch ist der Mindestanteil der Investitionen in Übergangstätigkeiten und ermöglichende Tätigkeiten?

Der Teilfonds investiert mindestens 0% in Übergangstätigkeiten und ermöglichende Tätigkeiten.
Wie hoch ist der Mindestanteil nachhaltiger Investitionen mit einem Umweltziel, die nicht mit der EU-Taxonomie konform sind?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Umweltziel, das nicht mit der EU-Taxonomie konform ist.
Die Anlagen können zwar mit der EU-Taxonomie konform sein, aber der Investmentmanager ist derzeit nicht in der Lage, den genauen Anteil der Anlagen des Teilfonds anzugeben, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftstätigkeiten berücksichtigen. Die Position wird jedoch weiterhin überprüft, wenn die zugrunde liegenden Regeln festgelegt sind und im Laufe der Zeit mehr zuverlässige Daten zur Verfügung stehen.
¹ Tätigkeiten im Bereich fossiles Gas und/oder Kernenergie sind nur dann EU-taxonomiekonform, wenn sie zur Eindämmung des Klimawandels („Klimaschutz“) beitragen und kein Ziel der EU-Taxonomie erheblich beeinträchtigen – siehe Erläuterung am linken Rand. Die vollständigen Kriterien für EU-taxonomiekonforme Wirtschaftstätigkeiten im Bereich fossiles Gas und Kernenergie sind in der Delegierten Verordnung (EU) 2022/1214 der Kommission festgelegt.
Wie hoch ist der Mindestanteil der sozial nachhaltigen Investitionen?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Sozialziel.
Welche Investitionen fallen unter ,,#2 Andere Investitionen", welcher Anlagezweck wird mit ihnen verfolgt und gibt es einen ökologischen oder sozialen Mindestschutz?
Die verbleibenden Anlagen des Teilfonds können in Wertpapieren von Emittenten erfolgen, die nachweisen können, dass sie sich in Bezug auf ihre ESG-Eigenschaften auf einem Kurs der Verbesserung befinden, und für Liquiditätszwecke in liquiden Mitteln und liquiden Mitteln gleichstehenden Mitteln sowie in Derivaten, die als Anlagen und für ein effizientes Portfoliomanagement eingesetzt werden können.
Zur Gewährleistung eines Mindestmaßes an Umwelt- und Sozialabsicherungen wendet der Teilfonds die Ausschlusskriterien an.

###### Wurde ein Index als Referenzwert bestimmt, um festzustellen, ob dieses Finanzprodukt auf die beworbenen ökologischen und/oder sozialen Merkmale ausgerichtet ist?
Es wird kein bestimmter Index als Referenzbenchmark angegeben, um festzustellen, ob dieses Finanzprodukt zu den geförderten Umwelt- oder Sozialeigenschaften passt.
Bei den Referenzwerten handelt es sich um Indizes, mit denen gemessen wird, ob das Finanzprodukt die beworbenen ökologischen oder sozialen Merkmale erreicht.
Inwiefern ist der Referenzwert kontinuierlich auf die mit dem Finanzprodukt beworbenen ökologischen und sozialen Merkmale ausgerichtet?
Diese Frage ist hier nicht relevant.
Wie wird die kontinuierliche Ausrichtung der Anlagestrategie auf die Indexmethode sichergestellt?
Diese Frage ist hier nicht relevant.
Wie unterscheidet sich der bestimmte Index von einem relevanten breiten Marktindex?
Diese Frage ist hier nicht relevant.
Wo kann die Methode zur Berechnung des bestimmten Indexes eingesehen werden?
Diese Frage ist hier nicht relevant.

###### 	Wo kann ich im Internet weitere produktspezifische Informationen finden?
Weitere produktspezifische Informationen finden Sie auf der Website: https:/www.fidelity.lu/funds/factsheet/LU2296467611/tab-disclosure#SFDR-disclosure. 
Weitere Informationen zu den hier dargelegten Methoden finden Sie auf der Website: System fürnachhaltiges Investieren (fidelityinternational.com).
Vorvertragliche Informationen zu den in Artikel 8 Absätze 1, 2 und 2a der Verordnung (EU) 2019/2088 und Artikel 6 Absatz 1 der Verordnung (EU) 2020/852 genannten Finanzprodukten
Name des Produkts:	Unternehmenskennung (LEI- Code):
Fidelity Funds - Switzerland Fund	5493001N8Q97TPZUYT12

###### Ökologische und/oder soziale Merkmale
| Werden mit diesem Finanzprodukt nachhaltige Investitionen angestrebt? |
| --- |
|  | - Ja
 |  | Nein |
| - Es wird damit ein MindestanteiI an nachhaltigen Investitionen mit einem Umweltziel getätigt:%
	- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie als ökologisch nachhaltig einzustufen sind
	- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie nicht als ökologisch nachhaltig einzustufen sind

- Es wird damit ein Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel getätigt:%
 | Es werden damit ökologische/soziale Merkmale beworben und obwohl keine nachhaltigen Investitionen angestrebt werden, enthält es einen Mindestanteil von 30% an nachhaltigen Investitionen. - mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie als ökologisch nachhaltig einzustufen sindmit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie nicht als ökologisch nachhaltig einzustufen sindmit einem sozialen Ziel
- Es	werden		damit	ökologische/soziale Merkmale	beworben,		aber	keinenachhaltigen Investitionen getätigt.
 |

Welche ökologischen und/ oder sozialen Merkmale werden mit diesem Finanzprodukt beworben?
Mit Nachhaltigkeitsin- dikatoren wird gemessen, inwieweit die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht werden.
Der Teilfonds fördert Umwelt- und Sozialeigenschaften, indem er in Wertpapiere von Emittenten mit guten ESG-Eigenschaften investiert. Gute ESG-Eigenschaften werden anhand von ESG-Ratings ermittelt. ESG-Ratings berücksichtigen Umwelteigenschaften wie CO2-Intensität, CO2-Emissionen, Energieeffizienz, Wasser- und Abfallmanagement und Biodiversität sowie Sozialeigenschaften wie Produktsicherheit, Lieferkette, Gesundheit und Sicherheit sowie Menschenrechte.
Der Teilfonds ist in gewissem Maße bestrebt, nachhaltige Anlagen zu tätigen.
Es wird keine Referenzbenchmark festgelegt, um die geförderten Umwelt- und Sozialeigenschaften zu erreichen.
einzelnen ökologischen oder sozialen Merkmale, die durch dieses Finanzprodukt beworben werden, herangezogen?
Der Teilfonds verwendet die folgenden Nachhaltigkeitsindikatoren, um die Ausprägung der von ihm geförderten Umwelt- oder Sozialeigenschaften zu messen:
- der  Prozentsatz des Teilfonds, der in Wertpapieren von Emittenten mit guten ESG-Eigenschaften im Einklang mit dem System für nachhaltiges Investieren von Fidelity investiert ist;
- in Bezug auf seine Direktanlagen in Unternehmen als Emittenten der Prozentsatz des Teilfonds, der in Wertpapiere von Emittenten investiert ist, auf die Ausschlusskriterien (wie unten definiert) zutreffen;
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen investiert ist; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel bei Wirtschaftsaktivitäten investiert ist, die gemäß der EU-Taxonomie nicht als ökologisch nachhaltig gelten; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel investiert ist.

Welches sind die Ziele der nachhaltigen Investitionen, die mit dem
Finanzprodukt teilweise getätigt werden sollen, und wie trägt die nachhaltige Investition zu diesen Zielen bei?
Der Teilfonds ermittelt wie folgt, ob eine Anlage nachhaltig ist:
- Emittenten, die wirtschaftliche Tätigkeiten ausüben, die zu einem oder mehreren der in der EU-Taxonomie festgelegten Umweltziele beitragen und gemäß der EU-Taxonomie als ökologisch nachhaltig gelten; oder
- Emittenten, bei denen der Großteil ihrer Geschäftstätigkeit (mehr als 50% des Umsatzes) zu ökologischen oder sozialen Zielen beiträgt, die mit einem oder mehreren der Ziele der Vereinten Nationen für nachhaltige Entwicklung („SDG“) in Einklang stehen; oder
- Emittenten, die ein Dekarbonisierungsziel festgelegt haben, das mit einem Temperaturanstiegsszenario mit 1,5 Grad oder weniger vereinbar ist (überprüft durch die Science Based Target Initiative oder ein Fidelity Proprietary Climate Rating), das als Beitrag zu Umweltzielen angesehen wird;sofern sie keinen wesentlichen Schaden anrichten, Mindestabsicherungen bieten und gute Governance-Kriterien aufweisen.

teilweise getätigt werden sollen, keinem der ökologischen oder sozialen nachhaltigen Anlageziele erheblich schaden?
Nachhaltige Anlagen werden auf ihre Beteiligung an Aktivitäten überprüft, die erheblichen Schaden und Kontroversen verursachen, und durch eine Kontrolle bewertet, ob der Emittent Mindestabsicherungen und -standards hinsichtlich der wichtigsten nachteiligen Auswirkungen (PAI) sowie die Leistung bei den PAI-Kennzahlen umsetzt bzw. erfüllt. Dazu gehören:
- Normenbasierte Filterkriterien – das Filtern von Wertpapieren, die gemäß den bestehenden (unten beschriebenen) normenbasierten Filterkriterien von Fidelity ermittelt wurden, anhand von:
- aktivitätsbasierten Filterkriterien – das Filtern von Emittenten auf der Grundlage ihrer Beteiligung an Aktivitäten mit erheblichen negativen Auswirkungen auf die Gesellschaft oder die Umwelt, darunter Emittenten, bei denen aufgrund der Filterkriterien für Kontroversen eine„sehr gravierende“ Kontroverse vorliegt, die im Bereich
- Umwelt,
- Menschenrechte und Gemeinschaften,
- Arbeitnehmerrechte und Lieferkette,
- Kunden,
- Governance angesiedelt ist; und anhand von
	- PAI-Indikatoren. Quantitative Daten (sofern verfügbar) zu PAI-Indikatoren werden verwendet, um zu bewerten, ob ein Emittent an Aktivitäten beteiligt ist, die einem Umwelt- oder Sozialziel erheblichen Schaden zufügen.


Bei den wichtigsten nachteiligen Auswirkungen handelt es sich um die bedeutendsten nachteiligen Auswirkungen von Investitionsentscheidun- gen auf NachhaItigkeitsfaktoren in den Bereichen Umwelt, Soziales und Beschäftigung, Achtung der Menschenrechte und Bekämpfung von Korruption und Bestechung.
Wie wurden die Indikatoren für nachteilige Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Für nachhaltige Anlagen, wie oben beschrieben, führt Fidelity eine quantitative Bewertung durch, um Emittenten mit einer problematischen Leistung bei PAI-Indikatoren zu ermitteln. Emittenten mit einer niedrigen Punktzahl kommen nur dann für „nachhaltige Anlagen“ infrage, wenn die Fundamentalresearch von Fidelity feststellt, dass der Emittent nicht gegen die Anforderungen verstößt, „keinen wesentlichen Schaden anrichtet“ oder sich auf einem guten Weg befindet, um die nachteiligen Auswirkungen durch effektives Management oder einen Übergang abzumildern.
Wie stehen die nachhaltigen Investitionen mit den OECD-Leitsätzen für multinationale Unternehmen und den Leitprinzipien der Vereinten Nationen für Wirtschaft und
Menschenrechte in Einklang? Nähere Angaben:
Es werden normenbasierte Filterkriterien angewendet: Emittenten, bei denen festgestellt wurde, dass sie sich nicht in einer Weise verhalten, die ihrer grundlegenden Verantwortung in den Bereichen Menschenrechte, Arbeit, Umwelt und Korruptionsbekämpfung im Einklang mit internationalen Normen gerecht wird, darunter denjenigen, die in den OECD-Leitsätzen für multinationale Unternehmen, den Leitprinzipien der Vereinten Nationen für Wirtschaft und Menschenrechte, dem UN Global Compact (UNGC) und den IAO-Standards der Internationalen Arbeitsorganisation (ILO) festgelegt sind, kommen für nachhaltige Investitionen nicht infrage.
In der EU-Taxonomie ist der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" festgelegt, nach dem taxonomiekonforme Investitionen die Ziele der EU-Taxonomie nicht erheblich beeinträchtigen dürfen, und es sind spezifische EU-Kriterien beigefügt. Der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" findet nur bei denjenigen dem Finanzprodukt zugrunde liegenden Investitionen Anwendung, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten berücksichtigen. Die dem verbleibenden Teil dieses  Finanzprodukts zugrunde  liegenden Investitionen berücksichtigen nicht die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten. Alle anderen nachhaltigen Investitionen dürfen ökologische oder soziale Ziele ebenfalls nicht erheblich beeinträchtigen.

###### Werden bei diesem Finanzprodukt die wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Ja
- NeinDie wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren werden mit Hilfe einer Vielzahl von Instrumenten berücksichtigt und in Anlageentscheidungen einbezogen. Hierzu zählen:
- Due Diligence – Analyse, ob die wichtigsten nachteiligen Auswirkungen (PAI) wesentlich und negativ sind.
- ESG-Rating – Fidelity bezieht sich auf ESG-Ratings, die wesentliche nachteilige Auswirkungen wie CO2-Emissionen, Mitarbeitersicherheit, Bestechung und Korruption sowie Wassermanagement berücksichtigen, und bei den von Staaten ausgegebenen Wertpapieren berücksichtigen die verwendeten Ratings wichtige nachteilige Auswirkungen (PAI) wie CO2-Emissionen, Sozialverstöße und die Meinungsfreiheit.
- Ausschlusskriterien – Bei Direktanlagen in Unternehmen als Emittenten wendet der Teilfonds die (unten definierten) Ausschlusskriterien an, um die wichtigsten nachteiligen Auswirkungen abzumildern. Dazu schließt er schädliche Sektoren aus und verbietet Investitionen in Emittenten, die gegen internationale Standards wie den UNGC verstoßen.
- Mitwirkung – Fidelity nutzt Mitwirkung als ein Instrument, um die wichtigsten nachteiligen Auswirkungen besser zu verstehen und sich unter bestimmten Umständen für die Abmilderung der wichtigsten nachteiligen Auswirkungen einzusetzen. Fidelity beteiligt sich an relevanten individuellen und kollaborativen Arten der Mitwirkung, die auf eine Reihe von wichtigen negativen Auswirkungen abzielen (z. B. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Abstimmungsverhalten – Die Abstimmungspolitik von Fidelity umfasst bei Unternehmen als Emittenten explizite Mindeststandards für die Geschlechtervielfalt im Aufsichtsrat und die Auseinandersetzung mit dem Klimawandel. Fidelity kann auch auf eine Weise abstimmen, dass die wichtigsten nachteiligen Auswirkungen abgemildert werden.
- Vierteljährliche Überprüfungen – Überwachung der wichtigsten nachteiligen Auswirkungen (PAI) durch den vierteljährlichen Überprüfungsprozess des Teilfonds.

Wenn es um die Frage geht, ob Investitionen eine wesentliche nachteilige Auswirkung haben, berücksichtigt Fidelity für jeden Nachhaltigkeitsfaktor spezifische Indikatoren. Diese Indikatoren hängen von der Datenverfügbarkeit ab und können sich mit zunehmender Datenqualität und
-verfügbarkeit weiterentwickeln.
Informationen über die wichtigsten nachteiligen Auswirkungen werden im Jahresbericht des Teilfonds zur Verfügung gestellt.
Die Anlagestrategie dient aIs Richtschnur für Investitionsentscheidun- gen, wobei bestimmte Kriterien wie beispielsweise Investitionsziele oder Risikotoleranz
berücksichtigt werden.
Mindestens 50% des Nettovermögens des Teilfonds werden in Wertpapiere investiert, die gute ESG-Eigenschaften aufweisen.
Ob ESG-Eigenschaften gut sind, wird anhand von ESG-Ratings externer Agenturen und von Fidelity ESG-Ratings ermittelt.
Innerhalb dieses Anlageuniversums wählt der Investmentmanager Aktien mit Hilfe rigoroser Bottom-up-Finanzanalysen und -bewertungen aus, um Aktien mit einem Potenzial für hohe Anlagerenditen auszuwählen.
In Bezug auf seine Direktanlagen in Unternehmensemittenten berücksichtigt der Teilfonds:
- eine unternehmensweite Ausschlussliste, die Streumunition und Antipersonenlandminen umfasst; und
- eine normenbasierte Filterung von Emittenten, die nach Ansicht des Investmentmanagers ihre Geschäfte nicht in Übereinstimmung mit internationalen Normen, darunter den im UNGC festgelegten, durchgeführt haben.

Die oben genannten Ausschluss- und Filterkriterien (die „Ausschlusskriterien“) werden möglicherweise von Zeit zu Zeit aktualisiert. Weitere Informationen erhalten Sie auf der Website Sustainable investing framework (fidelityinternational.com).
Es steht zudem im Ermessen des Investmentmanagers, von Zeit zu Zeit erweiterte, strengere Nachhaltigkeitsanforderungen und Ausschlusskriterien anzuwenden.
Worin bestehen die verbindlichen Elemente der Anlagestrategie, die für die Auswahl der Investitionen zur Erfüllung der beworbenen ökologischen oder sozialen Ziele verwendet werden?
Der Teilfonds investiert:
- mindestens 50% seines Vermögens in Emittenten mit guten ESG-Eigenschaften;
- mindestens 30% in nachhaltige Anlagen, von denen mindestens 0% ein Umweltziel verfolgen, das sich an der EU-Taxonomie orientiert, mindestens 5% ein Umweltziel, das sich nicht an der EU-Taxonomie orientiert, und mindestens 15% ein Sozialziel.

Darüber hinaus wird der Teilfonds die oben beschriebenen Ausschlusskriterien systematisch anwenden.
Um welchen Mindestsatz wird der Umfang der vor der Anwendung dieser Anlagestrategie in Betracht gezogenen Investitionen reduziert?
Diese Frage ist hier nicht relevant.
Die Verfahrensweisen einer guten
Unternehmensführung umfassen solide Managementstrukturen, die Beziehungen zu den Arbeitnehmern, die Vergütung von Mitarbeitern sowie die Einhaltung der Steuervorschriften.
Wie werden die Verfahrensweisen einer guten Unternehmensführung der Unternehmen, in die investiert wird, bewertet?
Die Governance-Praktiken der Emittenten werden anhand von Fundamentalresearch bewertet, die Fidelity ESG-Ratings sowie Daten zu Kontroversen und Verstößen gegen den UN Global Compact berücksichtigt.
Zu den wichtigsten Punkten, die analysiert werden, gehören unter anderem die Erfolgsbilanz der Kapitalallokation, die finanzielle Transparenz, Transaktionen mit nahestehenden Parteien, die Unabhängigkeit und Größe des Vorstands, die Vergütung der Führungskräfte, die Abschlussprüfer und die interne Aufsicht sowie die Rechte der Minderheitsanteilinhaber.
Die Vermögensallokation gibt den jeweiligen Anteil der Investitionen in bestimmte Vermögenswerte an.
Taxonomiekonforme Tätigkeiten, ausgedrückt durch den Anteil der:
- Umsatzerlöse, die den Anteil der Einnahmen aus umweltfreundlichenAktivitäten der Unternehmen, in die investiert wird, widerspiegeln
- Investitionsausgaben (CapEx), die die umweltfreundlichen Investitionen der Unternehmen, in die investiert wird, aufzeigen,z.B. für den Übergang zu einer grünen Wirtschaft- Betriebsausgaben (OpEx), die die umweltfreundlichenbetrieblichen Aktivitäten der Unternehmen, in die investiert wird, widerspiegeln(#1 Ausgerichtet an E/S-Eigenschaften) Der Teilfonds investiert nach Möglichkeit:
- mindestens 50% seines	Vermögens	in	Wertpapiere	von	Emittenten	mit	guten ESG-Eigenschaften,
- mindestens 30% seines Vermögens in nachhaltige (#1A nachhaltig) Anlagen, von denen mindestens 0% ein Umweltziel verfolgen (das an der EU-Taxonomie ausgerichtet ist), mindestens 5% ein Umweltziel haben (das nicht an der EU-Taxonomie ausgerichtet ist) und mindestens 15% ein Sozialziel haben. Die übrigen nachhaltigen Anlagen des Teilfonds können ein Umwelt- oder Sozialziel verfolgen.

Sonstige Umweltziele 5%
(#1B Sonstige E/S-Eigenschaften) Umfasst Wertpapiere von Emittenten mit guten ESG-Eigenschaften, die aber keine nachhaltigen Anlagen sind.
#1A Nachhaltige
Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale
50%
Investitionen 30%
#1B Andere ökologische oder soziale Merkmale
Soziales 15%
#2 Andere Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst Investitionen des Finanzprodukts, die zur Erreichung der beworbenen ökologischen oder sozialen Merkmale getätigt wurden.
#2 Andere Investitionen umfasst die übrigen Investitionen des Finanzprodukts, die weder auf ökologische oder soziale Merkmale ausgerichtet sind noch als nachhaltige Investitionen eingestuft werden.
Die Kategorie #1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst folgende Unterkategorien:
Die Unterkategorie #1A Nachhaltige Investitionen umfasst nachhaltige Investitionen mit ökologischen oder sozialen Zielen.
Die Unterkategorie #1B Andere ökologische oder soziale Merkmale umfasst Investitionen, die auf ökologische oder soziale Merkmale ausgerichtet sind, aber nicht als nachhaltige Investitionen eingestuft werden.
Inwiefern werden durch den Einsatz von Derivaten die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht?
Wenn das einem Derivat zugrunde liegende Wertpapier im Einklang mit dem System für nachhaltiges Investieren von Fidelity gute ESG-Eigenschaften aufweist, darf das Derivat zur Feststellung des Teilfondsanteils berücksichtigt werden, der Umwelt- oder Sozialeigenschaften fördert.
In welchem Mindestmaß sind nachhaltige Investitionen mit einem Umweltziel mit der EU-Taxonomie konform?
Der Teilfonds investiert mindestens 0% in nachhaltige Anlagen mit einem Umweltziel, die mit der EU-Taxonomie konform sind.
Die Konformität der Anlagen des Teilfonds mit der EU-Taxonomie wird nicht durch Wirtschaftsprüfer oder mittels einer Überprüfung durch Dritte sichergestellt.
Die Ausrichtung der zugrunde liegenden Anlagen des Teilfonds an der EU-Taxonomie wird anhand des Umsatzes gemessen.
Investiert das Finanzprodukt in Aktivitäten im Zusammenhang mit fossilem Gas und/oder Kernenergie, die der EU-Taxonomie¹ entsprechen?
- JaNein
- In fossiles Gas	In KernenergieWie hoch ist der Mindestanteil der Investitionen in Übergangstätigkeiten und ermöglichende Tätigkeiten?

Der Teilfonds investiert mindestens 0% in Übergangstätigkeiten und ermöglichende Tätigkeiten.
Wie hoch ist der Mindestanteil nachhaltiger Investitionen mit einem Umweltziel, die nicht mit der EU-Taxonomie konform sind?
Der Teilfonds investiert mindestens 5% in nachhaltige Anlagen mit einem Umweltziel, das nicht mit der EU-Taxonomie konform ist.
Die Anlagen können zwar mit der EU-Taxonomie konform sein, aber der Investmentmanager ist derzeit nicht in der Lage, den genauen Anteil der Anlagen des Teilfonds anzugeben, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftstätigkeiten berücksichtigen. Die Position wird jedoch weiterhin überprüft, wenn die zugrunde liegenden Regeln festgelegt sind und im Laufe der Zeit mehr zuverlässige Daten zur Verfügung stehen.
¹ Tätigkeiten im Bereich fossiles Gas und/oder Kernenergie sind nur dann EU-taxonomiekonform, wenn sie zur Eindämmung des Klimawandels („Klimaschutz“) beitragen und kein Ziel der EU-Taxonomie erheblich beeinträchtigen – siehe Erläuterung am linken Rand. Die vollständigen Kriterien für EU-taxonomiekonforme Wirtschaftstätigkeiten im Bereich fossiles Gas und Kernenergie sind in der Delegierten Verordnung (EU) 2022/1214 der Kommission festgelegt.
Wie hoch ist der Mindestanteil der sozial nachhaltigen Investitionen?
Der Teilfonds investiert mindestens 15% in nachhaltige Anlagen mit einem Sozialziel.
Welche Investitionen fallen unter ,,#2 Andere Investitionen", welcher Anlagezweck wird mit ihnen verfolgt und gibt es einen ökologischen oder sozialen Mindestschutz?
Die verbleibenden Anlagen des Teilfonds erfolgen in Instrumenten, die zum Finanzziel des Teilfonds passen, und für Liquiditätszwecke in liquiden Mitteln und liquiden Mitteln gleichstehenden Mitteln sowie in Derivaten, die als Anlagen und für eine effiziente Portfolioverwaltung eingesetzt werden können.
Zur Gewährleistung eines Mindestmaßes an Umwelt- und Sozialabsicherungen wendet der Teilfonds die Ausschlusskriterien an.

###### Wurde ein Index als Referenzwert bestimmt, um festzustellen, ob dieses Finanzprodukt auf die beworbenen ökologischen und/oder sozialen Merkmale ausgerichtet ist?
Es wird kein bestimmter Index als Referenzbenchmark angegeben, um festzustellen, ob dieses Finanzprodukt zu den geförderten Umwelt- oder Sozialeigenschaften passt.
Bei den Referenzwerten handelt es sich um Indizes, mit denen gemessen wird, ob das Finanzprodukt die beworbenen ökologischen oder sozialen Merkmale erreicht.
Inwiefern ist der Referenzwert kontinuierlich auf die mit dem Finanzprodukt beworbenen ökologischen und sozialen Merkmale ausgerichtet?
Diese Frage ist hier nicht relevant.
Wie wird die kontinuierliche Ausrichtung der Anlagestrategie auf die Indexmethode sichergestellt?
Diese Frage ist hier nicht relevant.
Wie unterscheidet sich der bestimmte Index von einem relevanten breiten Marktindex?
Diese Frage ist hier nicht relevant.
Wo kann die Methode zur Berechnung des bestimmten Indexes eingesehen werden?
Diese Frage ist hier nicht relevant.

###### 	Wo kann ich im Internet weitere produktspezifische Informationen finden?
Weitere produktspezifische Informationen finden Sie auf der Website: https:/www.fidelity.lu/funds/factsheet/LU0261951288/tab-disclosure#SFDR-disclosure. 
Weitere Informationen zu den hier dargelegten Methoden finden Sie auf der Website: System fürnachhaltiges Investieren (fidelityinternational.com).
Vorvertragliche Informationen zu den in Artikel 8 Absätze 1, 2 und 2a der Verordnung (EU) 2019/2088 und Artikel 6 Absatz 1 der Verordnung (EU) 2020/852 genannten Finanzprodukten
Name des Produkts:	Unternehmenskennung (LEI- Code):
Fidelity Funds - ASEAN Fund	549300NUQAYRMIJ1DF30

###### Ökologische und/oder soziale Merkmale
| Werden mit diesem Finanzprodukt nachhaltige Investitionen angestrebt? |
| --- |
|  | - Ja
 |  | Nein |
| - Es wird damit ein MindestanteiI an nachhaltigen Investitionen mit einem Umweltziel getätigt:%
	- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie als ökologisch nachhaltig einzustufen sind
	- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie nicht als ökologisch nachhaltig einzustufen sind

- Es wird damit ein Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel getätigt:%
 | Es werden damit ökologische/soziale Merkmale beworben und obwohl keine nachhaltigen Investitionen angestrebt werden, enthält es einen Mindestanteil von 5% an nachhaltigen Investitionen. - mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie als ökologisch nachhaltig einzustufen sind
- mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie nicht als ökologisch nachhaltig einzustufen sindmit einem sozialen Ziel
- Es	werden		damit	ökologische/soziale Merkmale	beworben,		aber	keinenachhaltigen Investitionen getätigt.
 |

Welche ökologischen und/ oder sozialen Merkmale werden mit diesem Finanzprodukt beworben?
Mit Nachhaltigkeitsin- dikatoren wird gemessen, inwieweit die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht werden.
Der Teilfonds fördert Umwelt- und Sozialeigenschaften, indem er in Wertpapiere von Emittenten mit guten ESG-Eigenschaften investiert. Gute ESG-Eigenschaften werden anhand von ESG-Ratings ermittelt. ESG-Ratings berücksichtigen Umwelteigenschaften wie CO2-Intensität, CO2-Emissionen, Energieeffizienz, Wasser- und Abfallmanagement und Biodiversität sowie Sozialeigenschaften wie Produktsicherheit, Lieferkette, Gesundheit und Sicherheit sowie Menschenrechte.
Der Teilfonds ist in gewissem Maße bestrebt, nachhaltige Anlagen zu tätigen.
Es wird keine Referenzbenchmark festgelegt, um die geförderten Umwelt- und Sozialeigenschaften zu erreichen.
Welche Nachhaltigkeitsindikatoren werden zur Messung der Erreichung der einzelnen ökologischen oder sozialen Merkmale, die durch dieses Finanzprodukt beworben werden, herangezogen?
Der Teilfonds verwendet die folgenden Nachhaltigkeitsindikatoren, um das Erreichen der von ihm geförderten Umwelt- oder Sozialeigenschaften zu messen:
- der  Prozentsatz des Teilfonds, der in Wertpapieren von Emittenten mit guten ESG-Eigenschaften im Einklang mit dem System für nachhaltiges Investieren von Fidelity investiert ist;
- in Bezug auf seine Direktanlagen in Unternehmensemittenten der Prozentsatz des Teilfonds, der in Wertpapieren von Emittenten investiert ist, auf die (die unten definierten) Ausschlusskriterien zutreffen;
- der Prozentsatz des Teilfonds, der in nachhaltigen Anlagen investiert ist; und
- der Prozentsatz des Teilfonds, der in nachhaltigen Anlagen mit Sozialziel investiert ist.

Welches sind die Ziele der nachhaltigen Investitionen, die mit dem
Finanzprodukt teilweise getätigt werden sollen, und wie trägt die nachhaltige Investition zu diesen Zielen bei?
Der Teilfonds ermittelt wie folgt, ob eine Anlage nachhaltig ist:
- Emittenten, die wirtschaftliche Tätigkeiten ausüben, die zu einem oder mehreren der in der EU-Taxonomie festgelegten Umweltziele beitragen und gemäß der EU-Taxonomie als ökologisch nachhaltig gelten; oder
- Emittenten, bei denen der Großteil ihrer Geschäftstätigkeit (mehr als 50% des Umsatzes) zu ökologischen oder sozialen Zielen beiträgt, die mit einem oder mehreren der Ziele der Vereinten Nationen für nachhaltige Entwicklung („SDG“) in Einklang stehen; oder
- Emittenten, die ein Dekarbonisierungsziel festgelegt haben, das mit einem Temperaturanstiegsszenario mit 1,5 Grad oder weniger vereinbar ist (überprüft durch die Science Based Target Initiative oder ein Fidelity Proprietary Climate Rating), das als Beitrag zu Umweltzielen angesehen wird;sofern sie keinen wesentlichen Schaden anrichten, Mindestabsicherungen bieten und gute Governance-Kriterien aufweisen.

Inwiefern werden die nachhaltigen Investitionen, die mit dem Finanzprodukt teilweise getätigt werden sollen, keinem der ökologischen oder sozialen nachhaltigen Anlageziele erheblich schaden?
Nachhaltige Anlagen werden auf ihre Beteiligung an Aktivitäten überprüft, die erheblichen Schaden und Kontroversen verursachen, und durch eine Kontrolle bewertet, ob der Emittent Mindestabsicherungen und -standards hinsichtlich der wichtigsten nachteiligen Auswirkungen (PAI) sowie die Leistung bei den PAI-Kennzahlen umsetzt bzw. erfüllt. Dazu gehören:
- Normenbasierte Filterkriterien – das Filtern von Wertpapieren, die gemäß den bestehenden (unten beschriebenen) normenbasierten Filterkriterien von Fidelity ermittelt wurden, anhand von:
- aktivitätsbasierten Filterkriterien – das Filtern von Emittenten auf der Grundlage ihrer Beteiligung an Aktivitäten mit erheblichen negativen Auswirkungen auf die Gesellschaft oder die Umwelt, darunter Emittenten, bei denen aufgrund der Filterkriterien für Kontroversen eine„sehr gravierende“ Kontroverse vorliegt, die im Bereich
- Umwelt,
- Menschenrechte und Gemeinschaften,
- Arbeitnehmerrechte und Lieferkette,
- Kunden,
- Governance angesiedelt ist; und anhand von
	- PAI-Indikatoren. Quantitative Daten (sofern verfügbar) zu PAI-Indikatoren werden verwendet, um zu bewerten, ob ein Emittent an Aktivitäten beteiligt ist, die einem Umwelt- oder Sozialziel erheblichen Schaden zufügen.


Bei den wichtigsten nachteiligen Auswirkungen handelt es sich um die bedeutendsten nachteiligen Auswirkungen von Investitionsentscheidun- gen auf NachhaItigkeitsfaktoren in den Bereichen Umwelt, Soziales und Beschäftigung, Achtung der Menschenrechte und Bekämpfung von Korruption und Bestechung.
Wie wurden die Indikatoren für nachteilige Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Für nachhaltige Anlagen, wie oben beschrieben, führt Fidelity eine quantitative Bewertung durch, um Emittenten mit einer problematischen Leistung bei PAI-Indikatoren zu ermitteln. Emittenten mit einer niedrigen Punktzahl kommen nur dann für „nachhaltige Anlagen“ infrage, wenn die Fundamentalresearch von Fidelity feststellt, dass der Emittent nicht gegen die Anforderungen verstößt, „keinen wesentlichen Schaden anrichtet“ oder sich auf einem guten Weg befindet, um die nachteiligen Auswirkungen durch effektives Management oder einen Übergang abzumildern.
Wie stehen die nachhaltigen Investitionen mit den OECD-Leitsätzen für multinationale Unternehmen und den Leitprinzipien der Vereinten Nationen für Wirtschaft und
Menschenrechte in Einklang? Nähere Angaben:
Es werden normenbasierte Filterkriterien angewendet: Emittenten, bei denen festgestellt wurde, dass sie sich nicht in einer Weise verhalten, die ihrer grundlegenden Verantwortung in den Bereichen Menschenrechte, Arbeit, Umwelt und Korruptionsbekämpfung im Einklang mit internationalen Normen gerecht wird, darunter denjenigen, die in den OECD-Leitsätzen für multinationale Unternehmen, den Leitprinzipien der Vereinten Nationen für Wirtschaft und Menschenrechte, dem UN Global Compact (UNGC) und den IAO-Standards der Internationalen Arbeitsorganisation (ILO) festgelegt sind, kommen für nachhaltige Investitionen nicht infrage.
In der EU-Taxonomie ist der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" festgelegt, nach dem taxonomiekonforme Investitionen die Ziele der EU-Taxonomie nicht erheblich beeinträchtigen dürfen, und es sind spezifische EU-Kriterien beigefügt. Der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" findet nur bei denjenigen dem Finanzprodukt zugrunde liegenden Investitionen Anwendung, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten berücksichtigen. Die dem verbleibenden Teil dieses  Finanzprodukts zugrunde  liegenden Investitionen berücksichtigen nicht die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten. Alle anderen nachhaltigen Investitionen dürfen ökologische oder soziale Ziele ebenfalls nicht erheblich beeinträchtigen.

###### Werden bei diesem Finanzprodukt die wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Ja
- NeinDie wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren werden mit Hilfe einer Vielzahl von Instrumenten berücksichtigt und in Anlageentscheidungen einbezogen. Hierzu zählen:
- Due Diligence – Analyse, ob die wichtigsten nachteiligen Auswirkungen (PAI) wesentlich und negativ sind.
- ESG-Rating – Fidelity bezieht sich auf ESG-Ratings, die wesentliche nachteilige Auswirkungen wie CO2-Emissionen, Mitarbeitersicherheit, Bestechung und Korruption sowie Wassermanagement berücksichtigen, und bei den von Staaten ausgegebenen Wertpapieren berücksichtigen die verwendeten Ratings wichtige nachteilige Auswirkungen (PAI) wie CO2-Emissionen, Sozialverstöße und die Meinungsfreiheit.
- Ausschlusskriterien – Bei Direktanlagen in Unternehmen als Emittenten wendet der Teilfonds die (unten definierten) Ausschlusskriterien an, um die wichtigsten nachteiligen Auswirkungen abzumildern. Dazu schließt er schädliche Sektoren aus und verbietet Investitionen in Emittenten, die gegen internationale Standards wie den UNGC verstoßen.
- Mitwirkung – Fidelity nutzt Mitwirkung als ein Instrument, um die wichtigsten nachteiligen Auswirkungen besser zu verstehen und sich unter bestimmten Umständen für die Abmilderung der wichtigsten nachteiligen Auswirkungen einzusetzen. Fidelity beteiligt sich an relevanten individuellen und kollaborativen Arten der Mitwirkung, die auf eine Reihe von wichtigen negativenAuswirkungen abzielen (z. B. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Abstimmungsverhalten – Die Abstimmungspolitik von Fidelity umfasst bei Unternehmen als Emittenten explizite Mindeststandards für die Geschlechtervielfalt im Aufsichtsrat und die Auseinandersetzung mit dem Klimawandel. Fidelity kann auch auf eine Weise abstimmen, dass die wichtigsten nachteiligen Auswirkungen abgemildert werden.
- Vierteljährliche Überprüfungen – Überwachung der wichtigsten nachteiligen Auswirkungen (PAI) durch den vierteljährlichen Überprüfungsprozess des Teilfonds.

Wenn es um die Frage geht, ob Investitionen eine wesentliche nachteilige Auswirkung haben, berücksichtigt Fidelity für jeden Nachhaltigkeitsfaktor spezifische Indikatoren. Diese Indikatoren hängen von der Datenverfügbarkeit ab und können sich mit zunehmender Datenqualität und
-verfügbarkeit weiterentwickeln.
Informationen über die wichtigsten nachteiligen Auswirkungen werden im Jahresbericht des Teilfonds zur Verfügung gestellt.
Die Anlagestrategie dient aIs Richtschnur für Investitionsentscheidun- gen, wobei bestimmte Kriterien wie beispielsweise Investitionsziele oder Risikotoleranz
berücksichtigt werden.

######  Welche Anlagestrategie wird mit diesem Finanzprodukt verfolgt?
Mindestens 50% des Nettovermögens des Teilfonds werden in Wertpapiere investiert, die gute ESG-Eigenschaften aufweisen.
Ob ESG-Eigenschaften gut sind, wird anhand von ESG-Ratings externer Agenturen und von Fidelity ESG-Ratings ermittelt.
Innerhalb dieses Anlageuniversums wählt der Investmentmanager Aktien mit Hilfe rigoroser Bottom-up-Finanzanalysen und -bewertungen aus, um Aktien mit einem Potenzial für hohe Anlagerenditen auszuwählen.
In Bezug auf seine Direktanlagen in Unternehmensemittenten berücksichtigt der Teilfonds:
- eine unternehmensweite Ausschlussliste, die Streumunition und Antipersonenlandminen umfasst; und
- eine normenbasierte Filterung von Emittenten, die nach Ansicht des Investmentmanagers ihre Geschäfte nicht in Übereinstimmung mit internationalen Normen, darunter den im UNGC festgelegten, durchgeführt haben.

Die oben genannten Ausschluss- und Filterkriterien (die „Ausschlusskriterien“) werden möglicherweise von Zeit zu Zeit aktualisiert. Weitere Informationen erhalten Sie auf der Website Sustainable investing framework (fidelityinternational.com).
Es steht zudem im Ermessen des Investmentmanagers, von Zeit zu Zeit erweiterte, strengere Nachhaltigkeitsanforderungen und Ausschlusskriterien anzuwenden.
Worin bestehen die verbindlichen Elemente der Anlagestrategie, die für die Auswahl der Investitionen zur Erfüllung der beworbenen ökologischen oder sozialen Ziele verwendet werden?
Der Teilfonds investiert:
- mindestens 50% seines Vermögens in Emittenten mit guten ESG-Eigenschaften,
- mindestens 5% in nachhaltige Anlagen, von denen mindestens 5% ein Sozialziel verfolgen.

Darüber hinaus wird der Teilfonds die oben beschriebenen Ausschlusskriterien systematisch anwenden.
Um welchen Mindestsatz wird der Umfang der vor der Anwendung dieser Anlagestrategie in Betracht gezogenen Investitionen reduziert?
Diese Frage ist hier nicht relevant.
Die Verfahrensweisen einer guten
Unternehmensführung umfassen solide Managementstrukturen, die Beziehungen zu den Arbeitnehmern, die Vergütung von Mitarbeitern sowie die Einhaltung der Steuervorschriften.
Wie werden die Verfahrensweisen einer guten Unternehmensführung der Unternehmen, in die investiert wird, bewertet?
Die Governance-Praktiken der Emittenten werden anhand von Fundamentalresearch bewertet, die Fidelity ESG-Ratings sowie Daten zu Kontroversen und Verstößen gegen den UN Global Compact berücksichtigt.
Zu den wichtigsten Punkten, die analysiert werden, gehören unter anderem die Erfolgsbilanz der Kapitalallokation, die finanzielle Transparenz, Transaktionen mit nahestehenden Parteien, die Unabhängigkeit und Größe des Vorstands, die Vergütung der Führungskräfte, die Abschlussprüfer und die interne Aufsicht sowie die Rechte der Minderheitsanteilinhaber.

###### Welche Vermögensallokation ist für dieses Finanzprodukt geplant?
Die Vermögensallokation gibt den jeweiligen Anteil der Investitionen in bestimmte Vermögenswerte an.
Taxonomiekonforme Tätigkeiten, ausgedrückt durch den Anteil der:
- Umsatzerlöse, die den Anteil der Einnahmen aus umweltfreundlichenAktivitäten der Unternehmen, in die investiert wird, widerspiegeln
- Investitionsausgaben (CapEx), die die umweltfreundlichen Investitionen der Unternehmen, in die investiert wird, aufzeigen,z.B. für den Übergang zu einer grünen Wirtschaft- Betriebsausgaben (OpEx), die die umweltfreundlichenbetrieblichen Aktivitäten der Unternehmen, in die investiert wird, widerspiegeln(#1 Ausgerichtet an E/S-Eigenschaften) Der Teilfonds investiert nach Möglichkeit:
- mindestens 50% seines	Vermögens	in	Wertpapiere	von	Emittenten	mit	guten ESG-Eigenschaften,
- mindestens 5% seines Vermögens in nachhaltige (#1A nachhaltig) Anlagen, von denen mindestens 5% ein Sozialziel verfolgen.

(#1B Sonstige E/S-Eigenschaften) Umfasst Wertpapiere von Emittenten mit guten ESG-Eigenschaften, die aber keine nachhaltigen Anlagen sind.
Inwiefern werden durch den Einsatz von Derivaten die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht?
Wenn das einem Derivat zugrunde liegende Wertpapier im Einklang mit dem System für nachhaltiges Investieren von Fidelity gute ESG-Eigenschaften aufweist, darf das Derivat zur Feststellung des Teilfondsanteils berücksichtigt werden, der Umwelt- oder Sozialeigenschaften fördert.
In welchem Mindestmaß sind nachhaltige Investitionen mit einem Umweltziel mit der EU-Taxonomie konform?
Der Teilfonds investiert mindestens 0% in nachhaltige Anlagen mit einem Umweltziel, die mit der EU-Taxonomie konform sind.
Die Konformität der Anlagen des Teilfonds mit der EU-Taxonomie wird nicht durch Wirtschaftsprüfer oder mittels einer Überprüfung durch Dritte sichergestellt.
Die Ausrichtung der zugrunde liegenden Anlagen des Teilfonds an der EU-Taxonomie wird anhand des Umsatzes gemessen.
Investiert das Finanzprodukt in Aktivitäten im Zusammenhang mit fossilem Gas und/oder Kernenergie, die der EU-Taxonomie¹ entsprechen?
- JaNein
- In fossiles Gas	In KernenergieWie hoch ist der Mindestanteil der Investitionen in Übergangstätigkeiten und ermöglichende Tätigkeiten?

Der Teilfonds investiert mindestens 0% in Übergangstätigkeiten und ermöglichende Tätigkeiten.
Wie hoch ist der Mindestanteil nachhaltiger Investitionen mit einem Umweltziel, die nicht mit der EU-Taxonomie konform sind?
Der Fonds beabsichtigt nicht, nachhaltige Investitionen mit einem Umweltziel zu tätigen, das nicht an der EU-Taxonomie ausgerichtet ist.
Wie hoch ist der Mindestanteil der sozial nachhaltigen Investitionen?
Der Teilfonds investiert mindestens 5% in nachhaltige Anlagen mit einem Sozialziel.
¹ Tätigkeiten im Bereich fossiles Gas und/oder Kernenergie sind nur dann EU-taxonomiekonform, wenn sie zur Eindämmung des Klimawandels („Klimaschutz“) beitragen und kein Ziel der EU-Taxonomie erheblich beeinträchtigen – siehe Erläuterung am linken Rand. Die vollständigen Kriterien für EU-taxonomiekonforme Wirtschaftstätigkeiten im Bereich fossiles Gas und Kernenergie sind in der Delegierten Verordnung (EU) 2022/1214 der Kommission festgelegt.
wird mit ihnen verfolgt und gibt es einen ökologischen oder sozialen Mindestschutz?
Die verbleibenden Anlagen des Teilfonds erfolgen in Instrumenten, die zum Finanzziel des Teilfonds passen, und für Liquiditätszwecke in liquiden Mitteln und liquiden Mitteln gleichstehenden Mitteln sowie in Derivaten, die als Anlagen und für eine effiziente Portfolioverwaltung eingesetzt werden können.
Zur Gewährleistung eines Mindestmaßes an Umwelt- und Sozialabsicherungen wendet der Teilfonds die Ausschlusskriterien an.

###### Wurde ein Index als Referenzwert bestimmt, um festzustellen, ob dieses Finanzprodukt auf die beworbenen ökologischen und/oder sozialen Merkmale ausgerichtet ist?
Es wird kein bestimmter Index als Referenzbenchmark angegeben, um festzustellen, ob dieses Finanzprodukt zu den geförderten Umwelt- oder Sozialeigenschaften passt.
Bei den Referenzwerten handelt es sich um Indizes, mit denen gemessen wird, ob das Finanzprodukt die beworbenen ökologischen oder sozialen Merkmale erreicht.
Inwiefern ist der Referenzwert kontinuierlich auf die mit dem Finanzprodukt beworbenen ökologischen und sozialen Merkmale ausgerichtet?
Diese Frage ist hier nicht relevant.
Wie wird die kontinuierliche Ausrichtung der Anlagestrategie auf die Indexmethode sichergestellt?
Diese Frage ist hier nicht relevant.
Wie unterscheidet sich der bestimmte Index von einem relevanten breiten Marktindex?
Diese Frage ist hier nicht relevant.
Wo kann die Methode zur Berechnung des bestimmten Indexes eingesehen werden?
Diese Frage ist hier nicht relevant.

###### 	Wo kann ich im Internet weitere produktspezifische Informationen finden?
Weitere produktspezifische Informationen finden Sie auf der Website: https:/www.fidelity.lu/funds/factsheet/LU0048573645/tab-disclosure#SFDR-disclosure. 
Weitere Informationen zu den hier dargelegten Methoden finden Sie auf der Website: System fürnachhaltiges Investieren (fidelityinternational.com).
2019/2088 und Artikel 6 Absatz 1 der Verordnung (EU) 2020/852 genannten Finanzprodukten
Name des Produkts:	Unternehmenskennung (LEI- Code):
Fidelity Funds - Asia Pacific Dividend Fund	254900K34JQACEUYMM61

###### Ökologische und/oder soziale Merkmale
| Werden mit diesem Finanzprodukt nachhaltige Investitionen angestrebt? |
| --- |
|  | - Ja
 |  | Nein |
| - Es wird damit ein MindestanteiI an nachhaltigen Investitionen mit einem Umweltziel getätigt:%
	- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie als ökologisch nachhaltig einzustufen sind
	- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie nicht als ökologisch nachhaltig einzustufen sind

- Es wird damit ein Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel getätigt:%
 | Es werden damit ökologische/soziale Merkmale beworben und obwohl keine nachhaltigen Investitionen angestrebt werden, enthält es einen Mindestanteil von 20% an nachhaltigen Investitionen. - mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie als ökologisch nachhaltig einzustufen sindmit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie nicht als ökologisch nachhaltig einzustufen sindmit einem sozialen Ziel
- Es	werden		damit	ökologische/soziale Merkmale	beworben,		aber	keinenachhaltigen Investitionen getätigt.
 |

Welche ökologischen und/ oder sozialen Merkmale werden mit diesem Finanzprodukt beworben?
Mit Nachhaltigkeitsin- dikatoren wird gemessen, inwieweit die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht werden.
Der Teilfonds fördert Umwelt- und Sozialeigenschaften, indem er in Wertpapiere von Emittenten mit guten ESG-Eigenschaften investiert. Gute ESG-Eigenschaften werden anhand von ESG-Ratings ermittelt. ESG-Ratings berücksichtigen Umwelteigenschaften wie CO2-Intensität, CO2-Emissionen, Energieeffizienz, Wasser- und Abfallmanagement und Biodiversität sowie Sozialeigenschaften wie Produktsicherheit, Lieferkette, Gesundheit und Sicherheit sowie Menschenrechte.
Der Teilfonds ist in gewissem Maße bestrebt, nachhaltige Anlagen zu tätigen.
Es wird keine Referenzbenchmark festgelegt, um die geförderten Umwelt- und Sozialeigenschaften zu erreichen.
einzelnen ökologischen oder sozialen Merkmale, die durch dieses Finanzprodukt beworben werden, herangezogen?
Der Teilfonds verwendet die folgenden Nachhaltigkeitsindikatoren, um die Ausprägung der von ihm geförderten Umwelt- oder Sozialeigenschaften zu messen:
- der  Prozentsatz des Teilfonds, der in Wertpapieren von Emittenten mit guten ESG-Eigenschaften im Einklang mit dem System für nachhaltiges Investieren von Fidelity investiert ist;
- in Bezug auf seine Direktanlagen in Unternehmen als Emittenten der Prozentsatz des Teilfonds, der in Wertpapiere von Emittenten investiert ist, auf die Ausschlusskriterien (wie unten definiert) zutreffen;
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen investiert ist; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel bei Wirtschaftsaktivitäten investiert ist, die gemäß der EU-Taxonomie nicht als ökologisch nachhaltig gelten; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel investiert ist.

Welches sind die Ziele der nachhaltigen Investitionen, die mit dem
Finanzprodukt teilweise getätigt werden sollen, und wie trägt die nachhaltige Investition zu diesen Zielen bei?
Der Teilfonds ermittelt wie folgt, ob eine Anlage nachhaltig ist:
- Emittenten, die wirtschaftliche Tätigkeiten ausüben, die zu einem oder mehreren der in der EU-Taxonomie festgelegten Umweltziele beitragen und gemäß der EU-Taxonomie als ökologisch nachhaltig gelten; oder
- Emittenten, bei denen der Großteil ihrer Geschäftstätigkeit (mehr als 50% des Umsatzes) zu ökologischen oder sozialen Zielen beiträgt, die mit einem oder mehreren der Ziele der Vereinten Nationen für nachhaltige Entwicklung („SDG“) in Einklang stehen; oder
- Emittenten, die ein Dekarbonisierungsziel festgelegt haben, das mit einem Temperaturanstiegsszenario mit 1,5 Grad oder weniger vereinbar ist (überprüft durch die Science Based Target Initiative oder ein Fidelity Proprietary Climate Rating), das als Beitrag zu Umweltzielen angesehen wird;sofern sie keinen wesentlichen Schaden anrichten, Mindestabsicherungen bieten und gute Governance-Kriterien aufweisen.

teilweise getätigt werden sollen, keinem der ökologischen oder sozialen nachhaltigen Anlageziele erheblich schaden?
Nachhaltige Anlagen werden auf ihre Beteiligung an Aktivitäten überprüft, die erheblichen Schaden und Kontroversen verursachen, und durch eine Kontrolle bewertet, ob der Emittent Mindestabsicherungen und -standards hinsichtlich der wichtigsten nachteiligen Auswirkungen (PAI) sowie die Leistung bei den PAI-Kennzahlen umsetzt bzw. erfüllt. Dazu gehören:
- Normenbasierte Filterkriterien – das Filtern von Wertpapieren, die gemäß den bestehenden (unten beschriebenen) normenbasierten Filterkriterien von Fidelity ermittelt wurden, anhand von:
- aktivitätsbasierten Filterkriterien – das Filtern von Emittenten auf der Grundlage ihrer Beteiligung an Aktivitäten mit erheblichen negativen Auswirkungen auf die Gesellschaft oder die Umwelt, darunter Emittenten, bei denen aufgrund der Filterkriterien für Kontroversen eine„sehr gravierende“ Kontroverse vorliegt, die im Bereich
- Umwelt,
- Menschenrechte und Gemeinschaften,
- Arbeitnehmerrechte und Lieferkette,
- Kunden,
- Governance angesiedelt ist; und anhand von
	- PAI-Indikatoren. Quantitative Daten (sofern verfügbar) zu PAI-Indikatoren werden verwendet, um zu bewerten, ob ein Emittent an Aktivitäten beteiligt ist, die einem Umwelt- oder Sozialziel erheblichen Schaden zufügen.


Bei den wichtigsten nachteiligen Auswirkungen handelt es sich um die bedeutendsten nachteiligen Auswirkungen von Investitionsentscheidun- gen auf NachhaItigkeitsfaktoren in den Bereichen Umwelt, Soziales und Beschäftigung, Achtung der Menschenrechte und Bekämpfung von Korruption und Bestechung.
Wie wurden die Indikatoren für nachteilige Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Für nachhaltige Anlagen, wie oben beschrieben, führt Fidelity eine quantitative Bewertung durch, um Emittenten mit einer problematischen Leistung bei PAI-Indikatoren zu ermitteln. Emittenten mit einer niedrigen Punktzahl kommen nur dann für „nachhaltige Anlagen“ infrage, wenn die Fundamentalresearch von Fidelity feststellt, dass der Emittent nicht gegen die Anforderungen verstößt, „keinen wesentlichen Schaden anrichtet“ oder sich auf einem guten Weg befindet, um die nachteiligen Auswirkungen durch effektives Management oder einen Übergang abzumildern.
Wie stehen die nachhaltigen Investitionen mit den OECD-Leitsätzen für multinationale Unternehmen und den Leitprinzipien der Vereinten Nationen für Wirtschaft und
Menschenrechte in Einklang? Nähere Angaben:
Es werden normenbasierte Filterkriterien angewendet: Emittenten, bei denen festgestellt wurde, dass sie sich nicht in einer Weise verhalten, die ihrer grundlegenden Verantwortung in den Bereichen Menschenrechte, Arbeit, Umwelt und Korruptionsbekämpfung im Einklang mit internationalen Normen gerecht wird, darunter denjenigen, die in den OECD-Leitsätzen für multinationale Unternehmen, den Leitprinzipien der Vereinten Nationen für Wirtschaft und Menschenrechte, dem UN Global Compact (UNGC) und den IAO-Standards der Internationalen Arbeitsorganisation (ILO) festgelegt sind, kommen für nachhaltige Investitionen nicht infrage.
In der EU-Taxonomie ist der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" festgelegt, nach dem taxonomiekonforme Investitionen die Ziele der EU-Taxonomie nicht erheblich beeinträchtigen dürfen, und es sind spezifische EU-Kriterien beigefügt. Der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" findet nur bei denjenigen dem Finanzprodukt zugrunde liegenden Investitionen Anwendung, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten berücksichtigen. Die dem verbleibenden Teil dieses  Finanzprodukts zugrunde  liegenden Investitionen berücksichtigen nicht die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten. Alle anderen nachhaltigen Investitionen dürfen ökologische oder soziale Ziele ebenfalls nicht erheblich beeinträchtigen.

###### Werden bei diesem Finanzprodukt die wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Ja
- NeinDie wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren werden mit Hilfe einer Vielzahl von Instrumenten berücksichtigt und in Anlageentscheidungen einbezogen. Hierzu zählen:
- Due Diligence – Analyse, ob die wichtigsten nachteiligen Auswirkungen (PAI) wesentlich und negativ sind.
- ESG-Rating – Fidelity bezieht sich auf ESG-Ratings, die wesentliche nachteilige Auswirkungen wie CO2-Emissionen, Mitarbeitersicherheit, Bestechung und Korruption sowie Wassermanagement berücksichtigen, und bei den von Staaten ausgegebenen Wertpapieren berücksichtigen die verwendeten Ratings wichtige nachteilige Auswirkungen (PAI) wie CO2-Emissionen, Sozialverstöße und die Meinungsfreiheit.
- Ausschlusskriterien – Bei Direktanlagen in Unternehmen als Emittenten wendet der Teilfonds die (unten definierten) Ausschlusskriterien an, um die wichtigsten nachteiligen Auswirkungen abzumildern. Dazu schließt er schädliche Sektoren aus und verbietet Investitionen in Emittenten, die gegen internationale Standards wie den UNGC verstoßen.
- Mitwirkung – Fidelity nutzt Mitwirkung als ein Instrument, um die wichtigsten nachteiligen Auswirkungen besser zu verstehen und sich unter bestimmten Umständen für die Abmilderung der wichtigsten nachteiligen Auswirkungen einzusetzen. Fidelity beteiligt sich an relevanten individuellen und kollaborativen Arten der Mitwirkung, die auf eine Reihe von wichtigen negativen Auswirkungen abzielen (z. B. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Abstimmungsverhalten – Die Abstimmungspolitik von Fidelity umfasst bei Unternehmen als Emittenten explizite Mindeststandards für die Geschlechtervielfalt im Aufsichtsrat und die Auseinandersetzung mit dem Klimawandel. Fidelity kann auch auf eine Weise abstimmen, dass die wichtigsten nachteiligen Auswirkungen abgemildert werden.
- Vierteljährliche Überprüfungen – Überwachung der wichtigsten nachteiligen Auswirkungen (PAI) durch den vierteljährlichen Überprüfungsprozess des Teilfonds.

Wenn es um die Frage geht, ob Investitionen eine wesentliche nachteilige Auswirkung haben, berücksichtigt Fidelity für jeden Nachhaltigkeitsfaktor spezifische Indikatoren. Diese Indikatoren hängen von der Datenverfügbarkeit ab und können sich mit zunehmender Datenqualität und
-verfügbarkeit weiterentwickeln.
Informationen über die wichtigsten nachteiligen Auswirkungen werden im Jahresbericht des Teilfonds zur Verfügung gestellt.
Die Anlagestrategie dient aIs Richtschnur für Investitionsentscheidun- gen, wobei bestimmte Kriterien wie beispielsweise Investitionsziele oder Risikotoleranz
berücksichtigt werden.
Mindestens 50% des Nettovermögens des Teilfonds werden in Wertpapiere investiert, die gute ESG-Eigenschaften aufweisen.
Ob ESG-Eigenschaften gut sind, wird anhand von ESG-Ratings externer Agenturen und von Fidelity ESG-Ratings ermittelt.
Innerhalb dieses Anlageuniversums wählt der Investmentmanager Aktien mit Hilfe rigoroser Bottom-up-Finanzanalysen und -bewertungen aus, um Aktien mit einem Potenzial für hohe Anlagerenditen auszuwählen.
In Bezug auf seine Direktanlagen in Unternehmensemittenten berücksichtigt der Teilfonds:
- eine unternehmensweite Ausschlussliste, die Streumunition und Antipersonenlandminen umfasst; und
- eine normenbasierte Filterung von Emittenten, die nach Ansicht des Investmentmanagers ihre Geschäfte nicht in Übereinstimmung mit internationalen Normen, darunter den im UNGC festgelegten, durchgeführt haben.

Die oben genannten Ausschluss- und Filterkriterien (die „Ausschlusskriterien“) werden möglicherweise von Zeit zu Zeit aktualisiert. Weitere Informationen erhalten Sie auf der Website Sustainable investing framework (fidelityinternational.com).
Es steht zudem im Ermessen des Investmentmanagers, von Zeit zu Zeit erweiterte, strengere Nachhaltigkeitsanforderungen und Ausschlusskriterien anzuwenden.
Worin bestehen die verbindlichen Elemente der Anlagestrategie, die für die Auswahl der Investitionen zur Erfüllung der beworbenen ökologischen oder sozialen Ziele verwendet werden?
Der Teilfonds investiert:
- mindestens  50%  seines  Vermögens in Wertpapiere von Emittenten mit guten ESG-Eigenschaften,
- mindestens 20% in nachhaltige Anlagen, von denen mindestens 0% ein Umweltziel aufweisen, das sich an der EU-Taxonomie orientiert, mindestens 5% ein Umweltziel, das sich nicht an der EU-Taxonomie orientiert, und mindestens 5% ein Sozialziel verfolgen.

Darüber hinaus wird der Teilfonds die oben beschriebenen Ausschlusskriterien systematisch anwenden.
Um welchen Mindestsatz wird der Umfang der vor der Anwendung dieser Anlagestrategie in Betracht gezogenen Investitionen reduziert?
Diese Frage ist hier nicht relevant.
Die Verfahrensweisen einer guten
Unternehmensführung umfassen solide Managementstrukturen, die Beziehungen zu den Arbeitnehmern, die Vergütung von Mitarbeitern sowie die Einhaltung der Steuervorschriften.
Wie werden die Verfahrensweisen einer guten Unternehmensführung der Unternehmen, in die investiert wird, bewertet?
Die Governance-Praktiken der Emittenten werden anhand von Fundamentalresearch bewertet, die Fidelity ESG-Ratings sowie Daten zu Kontroversen und Verstößen gegen den UN Global Compact berücksichtigt.
Zu den wichtigsten Punkten, die analysiert werden, gehören unter anderem die Erfolgsbilanz der Kapitalallokation, die finanzielle Transparenz, Transaktionen mit nahestehenden Parteien, die Unabhängigkeit und Größe des Vorstands, die Vergütung der Führungskräfte, die Abschlussprüfer und die interne Aufsicht sowie die Rechte der Minderheitsanteilinhaber.
Die Vermögensallokation gibt den jeweiligen Anteil der Investitionen in bestimmte Vermögenswerte an.
Taxonomiekonforme Tätigkeiten, ausgedrückt durch den Anteil der:
- Umsatzerlöse, die den Anteil der Einnahmen aus umweltfreundlichenAktivitäten der Unternehmen, in die investiert wird, widerspiegeln
- Investitionsausgaben (CapEx), die die umweltfreundlichen Investitionen der Unternehmen, in die investiert wird, aufzeigen,z.B. für den Übergang zu einer grünen Wirtschaft- Betriebsausgaben (OpEx), die die umweltfreundlichenbetrieblichen Aktivitäten der Unternehmen, in die investiert wird, widerspiegeln(#1 Ausgerichtet an E/S-Eigenschaften) Der Teilfonds investiert nach Möglichkeit:
- mindestens 50% seines	Vermögens	in	Wertpapiere	von	Emittenten	mit	guten ESG-Eigenschaften,
- mindestens 20% seines Vermögens in nachhaltige (#1A nachhaltig) Anlagen, von denen mindestens 0% ein Umweltziel verfolgen (das an der EU-Taxonomie ausgerichtet ist), mindestens 5% ein Umweltziel haben (das nicht an der EU-Taxonomie ausgerichtet ist) und mindestens 5% ein Sozialziel haben. Die übrigen nachhaltigen Anlagen des Teilfonds können ein Umwelt- oder Sozialziel verfolgen.

Sonstige Umweltziele 5%
(#1B Sonstige E/S-Eigenschaften) Umfasst Wertpapiere von Emittenten mit guten ESG-Eigenschaften, die aber keine nachhaltigen Anlagen sind.
#1A Nachhaltige
Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale
50%
Investitionen 20%
#1B Andere ökologische oder soziale Merkmale
Soziales 5%
#2 Andere Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst Investitionen des Finanzprodukts, die zur Erreichung der beworbenen ökologischen oder sozialen Merkmale getätigt wurden.
#2 Andere Investitionen umfasst die übrigen Investitionen des Finanzprodukts, die weder auf ökologische oder soziale Merkmale ausgerichtet sind noch als nachhaltige Investitionen eingestuft werden.
Die Kategorie #1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst folgende Unterkategorien:
Die Unterkategorie #1A Nachhaltige Investitionen umfasst nachhaltige Investitionen mit ökologischen oder sozialen Zielen.
Die Unterkategorie #1B Andere ökologische oder soziale Merkmale umfasst Investitionen, die auf ökologische oder soziale Merkmale ausgerichtet sind, aber nicht als nachhaltige Investitionen eingestuft werden.
Inwiefern werden durch den Einsatz von Derivaten die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht?
Wenn das einem Derivat zugrunde liegende Wertpapier im Einklang mit dem System für nachhaltiges Investieren von Fidelity gute ESG-Eigenschaften aufweist, darf das Derivat zur Feststellung des Teilfondsanteils berücksichtigt werden, der Umwelt- oder Sozialeigenschaften fördert.
In welchem Mindestmaß sind nachhaltige Investitionen mit einem Umweltziel mit der EU-Taxonomie konform?
Der Teilfonds investiert mindestens 0% in nachhaltige Anlagen mit einem Umweltziel, die mit der EU-Taxonomie konform sind.
Die Konformität der Anlagen des Teilfonds mit der EU-Taxonomie wird nicht durch Wirtschaftsprüfer oder mittels einer Überprüfung durch Dritte sichergestellt.
Die Ausrichtung der zugrunde liegenden Anlagen des Teilfonds an der EU-Taxonomie wird anhand des Umsatzes gemessen.
Investiert das Finanzprodukt in Aktivitäten im Zusammenhang mit fossilem Gas und/oder Kernenergie, die der EU-Taxonomie¹ entsprechen?
- JaNein
- In fossiles Gas	In KernenergieWie hoch ist der Mindestanteil der Investitionen in Übergangstätigkeiten und ermöglichende Tätigkeiten?

Der Teilfonds investiert mindestens 0% in Übergangstätigkeiten und ermöglichende Tätigkeiten.
Wie hoch ist der Mindestanteil nachhaltiger Investitionen mit einem Umweltziel, die nicht mit der EU-Taxonomie konform sind?
Der Teilfonds investiert mindestens 5% in nachhaltige Anlagen mit einem Umweltziel, das nicht mit der EU-Taxonomie konform ist.
Die Anlagen können zwar mit der EU-Taxonomie konform sein, aber der Investmentmanager ist derzeit nicht in der Lage, den genauen Anteil der Anlagen des Teilfonds anzugeben, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftstätigkeiten berücksichtigen. Die Position wird jedoch weiterhin überprüft, wenn die zugrunde liegenden Regeln festgelegt sind und im Laufe der Zeit mehr zuverlässige Daten zur Verfügung stehen.
¹ Tätigkeiten im Bereich fossiles Gas und/oder Kernenergie sind nur dann EU-taxonomiekonform, wenn sie zur Eindämmung des Klimawandels („Klimaschutz“) beitragen und kein Ziel der EU-Taxonomie erheblich beeinträchtigen – siehe Erläuterung am linken Rand. Die vollständigen Kriterien für EU-taxonomiekonforme Wirtschaftstätigkeiten im Bereich fossiles Gas und Kernenergie sind in der Delegierten Verordnung (EU) 2022/1214 der Kommission festgelegt.
Wie hoch ist der Mindestanteil der sozial nachhaltigen Investitionen?
Der Teilfonds investiert mindestens 5% in nachhaltige Anlagen mit einem Sozialziel.
Welche Investitionen fallen unter ,,#2 Andere Investitionen", welcher Anlagezweck wird mit ihnen verfolgt und gibt es einen ökologischen oder sozialen Mindestschutz?
Die verbleibenden Anlagen des Teilfonds erfolgen in Instrumenten, die zum Finanzziel des Teilfonds passen, und für Liquiditätszwecke in liquiden Mitteln und liquiden Mitteln gleichstehenden Mitteln sowie in Derivaten, die als Anlagen und für eine effiziente Portfolioverwaltung eingesetzt werden können.
Zur Gewährleistung eines Mindestmaßes an Umwelt- und Sozialabsicherungen wendet der Teilfonds die Ausschlusskriterien an.

###### Wurde ein Index als Referenzwert bestimmt, um festzustellen, ob dieses Finanzprodukt auf die beworbenen ökologischen und/oder sozialen Merkmale ausgerichtet ist?
Es wird kein bestimmter Index als Referenzbenchmark angegeben, um festzustellen, ob dieses Finanzprodukt zu den geförderten Umwelt- oder Sozialeigenschaften passt.
Bei den Referenzwerten handelt es sich um Indizes, mit denen gemessen wird, ob das Finanzprodukt die beworbenen ökologischen oder sozialen Merkmale erreicht.
Inwiefern ist der Referenzwert kontinuierlich auf die mit dem Finanzprodukt beworbenen ökologischen und sozialen Merkmale ausgerichtet?
Diese Frage ist hier nicht relevant.
Wie wird die kontinuierliche Ausrichtung der Anlagestrategie auf die Indexmethode sichergestellt?
Diese Frage ist hier nicht relevant.
Wie unterscheidet sich der bestimmte Index von einem relevanten breiten Marktindex?
Diese Frage ist hier nicht relevant.
Wo kann die Methode zur Berechnung des bestimmten Indexes eingesehen werden?
Diese Frage ist hier nicht relevant.

###### 	Wo kann ich im Internet weitere produktspezifische Informationen finden?
Weitere produktspezifische Informationen finden Sie auf der Website: https:/www.fidelity.lu/funds/factsheet/LU0205439572/tab-disclosure#SFDR-disclosure. 
Weitere Informationen zu den hier dargelegten Methoden finden Sie auf der Website: System fürnachhaltiges Investieren (fidelityinternational.com).
Vorvertragliche Informationen zu den in Artikel 8 Absätze 1, 2 und 2a der Verordnung (EU) 2019/2088 und Artikel 6 Absatz 1 der Verordnung (EU) 2020/852 genannten Finanzprodukten
Name des Produkts:	Unternehmenskennung (LEI- Code):
Fidelity Funds - Asian Smaller Companies Fund	549300WPIOCV90YN3U76

###### Ökologische und/oder soziale Merkmale
| Werden mit diesem Finanzprodukt nachhaltige Investitionen angestrebt? |
| --- |
|  | - Ja
 |  | Nein |
| - Es wird damit ein MindestanteiI an nachhaltigen Investitionen mit einem Umweltziel getätigt:%
	- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie als ökologisch nachhaltig einzustufen sind
	- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie nicht als ökologisch nachhaltig einzustufen sind

- Es wird damit ein Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel getätigt:%
 | Es werden damit ökologische/soziale Merkmale beworben und obwohl keine nachhaltigen Investitionen angestrebt werden, enthält es einen Mindestanteil von 10% an nachhaltigen Investitionen. - mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie als ökologisch nachhaltig einzustufen sindmit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie nicht als ökologisch nachhaltig einzustufen sindmit einem sozialen Ziel
- Es	werden		damit	ökologische/soziale Merkmale	beworben,		aber	keinenachhaltigen Investitionen getätigt.
 |

Welche ökologischen und/ oder sozialen Merkmale werden mit diesem Finanzprodukt beworben?
Mit Nachhaltigkeitsin- dikatoren wird gemessen, inwieweit die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht werden.
Der Teilfonds fördert Umwelt- und Sozialeigenschaften, indem er in Wertpapiere von Emittenten mit guten ESG-Eigenschaften investiert. Gute ESG-Eigenschaften werden anhand von ESG-Ratings ermittelt. ESG-Ratings berücksichtigen Umwelteigenschaften wie CO2-Intensität, CO2-Emissionen, Energieeffizienz, Wasser- und Abfallmanagement und Biodiversität sowie Sozialeigenschaften wie Produktsicherheit, Lieferkette, Gesundheit und Sicherheit sowie Menschenrechte.
Der Teilfonds ist in gewissem Maße bestrebt, nachhaltige Anlagen zu tätigen.
Es wird keine Referenzbenchmark festgelegt, um die geförderten Umwelt- und Sozialeigenschaften zu erreichen.
einzelnen ökologischen oder sozialen Merkmale, die durch dieses Finanzprodukt beworben werden, herangezogen?
Der Teilfonds verwendet die folgenden Nachhaltigkeitsindikatoren, um die Ausprägung der von ihm geförderten Umwelt- oder Sozialeigenschaften zu messen:
- der  Prozentsatz des Teilfonds, der in Wertpapieren von Emittenten mit guten ESG-Eigenschaften im Einklang mit dem System für nachhaltiges Investieren von Fidelity investiert ist;
- in Bezug auf seine Direktanlagen in Unternehmen als Emittenten der Prozentsatz des Teilfonds, der in Wertpapiere von Emittenten investiert ist, auf die Ausschlusskriterien (wie unten definiert) zutreffen;
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen investiert ist; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel bei Wirtschaftsaktivitäten investiert ist, die gemäß der EU-Taxonomie nicht als ökologisch nachhaltig gelten; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel investiert ist.

Welches sind die Ziele der nachhaltigen Investitionen, die mit dem
Finanzprodukt teilweise getätigt werden sollen, und wie trägt die nachhaltige Investition zu diesen Zielen bei?
Der Teilfonds ermittelt wie folgt, ob eine Anlage nachhaltig ist:
- Emittenten, die wirtschaftliche Tätigkeiten ausüben, die zu einem oder mehreren der in der EU-Taxonomie festgelegten Umweltziele beitragen und gemäß der EU-Taxonomie als ökologisch nachhaltig gelten; oder
- Emittenten, bei denen der Großteil ihrer Geschäftstätigkeit (mehr als 50% des Umsatzes) zu ökologischen oder sozialen Zielen beiträgt, die mit einem oder mehreren der Ziele der Vereinten Nationen für nachhaltige Entwicklung („SDG“) in Einklang stehen; oder
- Emittenten, die ein Dekarbonisierungsziel festgelegt haben, das mit einem Temperaturanstiegsszenario mit 1,5 Grad oder weniger vereinbar ist (überprüft durch die Science Based Target Initiative oder ein Fidelity Proprietary Climate Rating), das als Beitrag zu Umweltzielen angesehen wird;sofern sie keinen wesentlichen Schaden anrichten, Mindestabsicherungen bieten und gute Governance-Kriterien aufweisen.

teilweise getätigt werden sollen, keinem der ökologischen oder sozialen nachhaltigen Anlageziele erheblich schaden?
Nachhaltige Anlagen werden auf ihre Beteiligung an Aktivitäten überprüft, die erheblichen Schaden und Kontroversen verursachen, und durch eine Kontrolle bewertet, ob der Emittent Mindestabsicherungen und -standards hinsichtlich der wichtigsten nachteiligen Auswirkungen (PAI) sowie die Leistung bei den PAI-Kennzahlen umsetzt bzw. erfüllt. Dazu gehören:
- Normenbasierte Filterkriterien – das Filtern von Wertpapieren, die gemäß den bestehenden (unten beschriebenen) normenbasierten Filterkriterien von Fidelity ermittelt wurden, anhand von:
- aktivitätsbasierten Filterkriterien – das Filtern von Emittenten auf der Grundlage ihrer Beteiligung an Aktivitäten mit erheblichen negativen Auswirkungen auf die Gesellschaft oder die Umwelt, darunter Emittenten, bei denen aufgrund der Filterkriterien für Kontroversen eine„sehr gravierende“ Kontroverse vorliegt, die im Bereich
- Umwelt,
- Menschenrechte und Gemeinschaften,
- Arbeitnehmerrechte und Lieferkette,
- Kunden,
- Governance angesiedelt ist; und anhand von
	- PAI-Indikatoren. Quantitative Daten (sofern verfügbar) zu PAI-Indikatoren werden verwendet, um zu bewerten, ob ein Emittent an Aktivitäten beteiligt ist, die einem Umwelt- oder Sozialziel erheblichen Schaden zufügen.


Bei den wichtigsten nachteiligen Auswirkungen handelt es sich um die bedeutendsten nachteiligen Auswirkungen von Investitionsentscheidun- gen auf NachhaItigkeitsfaktoren in den Bereichen Umwelt, Soziales und Beschäftigung, Achtung der Menschenrechte und Bekämpfung von Korruption und Bestechung.
Wie wurden die Indikatoren für nachteilige Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Für nachhaltige Anlagen, wie oben beschrieben, führt Fidelity eine quantitative Bewertung durch, um Emittenten mit einer problematischen Leistung bei PAI-Indikatoren zu ermitteln. Emittenten mit einer niedrigen Punktzahl kommen nur dann für „nachhaltige Anlagen“ infrage, wenn die Fundamentalresearch von Fidelity feststellt, dass der Emittent nicht gegen die Anforderungen verstößt, „keinen wesentlichen Schaden anrichtet“ oder sich auf einem guten Weg befindet, um die nachteiligen Auswirkungen durch effektives Management oder einen Übergang abzumildern.
Wie stehen die nachhaltigen Investitionen mit den OECD-Leitsätzen für multinationale Unternehmen und den Leitprinzipien der Vereinten Nationen für Wirtschaft und
Menschenrechte in Einklang? Nähere Angaben:
Es werden normenbasierte Filterkriterien angewendet: Emittenten, bei denen festgestellt wurde, dass sie sich nicht in einer Weise verhalten, die ihrer grundlegenden Verantwortung in den Bereichen Menschenrechte, Arbeit, Umwelt und Korruptionsbekämpfung im Einklang mit internationalen Normen gerecht wird, darunter denjenigen, die in den OECD-Leitsätzen für multinationale Unternehmen, den Leitprinzipien der Vereinten Nationen für Wirtschaft und Menschenrechte, dem UN Global Compact (UNGC) und den IAO-Standards der Internationalen Arbeitsorganisation (ILO) festgelegt sind, kommen für nachhaltige Investitionen nicht infrage.
In der EU-Taxonomie ist der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" festgelegt, nach dem taxonomiekonforme Investitionen die Ziele der EU-Taxonomie nicht erheblich beeinträchtigen dürfen, und es sind spezifische EU-Kriterien beigefügt. Der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" findet nur bei denjenigen dem Finanzprodukt zugrunde liegenden Investitionen Anwendung, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten berücksichtigen. Die dem verbleibenden Teil dieses  Finanzprodukts zugrunde  liegenden Investitionen berücksichtigen nicht die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten. Alle anderen nachhaltigen Investitionen dürfen ökologische oder soziale Ziele ebenfalls nicht erheblich beeinträchtigen.

###### Werden bei diesem Finanzprodukt die wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Ja
- NeinDie wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren werden mit Hilfe einer Vielzahl von Instrumenten berücksichtigt und in Anlageentscheidungen einbezogen. Hierzu zählen:
- Due Diligence – Analyse, ob die wichtigsten nachteiligen Auswirkungen (PAI) wesentlich und negativ sind.
- ESG-Rating – Fidelity bezieht sich auf ESG-Ratings, die wesentliche nachteilige Auswirkungen wie CO2-Emissionen, Mitarbeitersicherheit, Bestechung und Korruption sowie Wassermanagement berücksichtigen, und bei den von Staaten ausgegebenen Wertpapieren berücksichtigen die verwendeten Ratings wichtige nachteilige Auswirkungen (PAI) wie CO2-Emissionen, Sozialverstöße und die Meinungsfreiheit.
- Ausschlusskriterien – Bei Direktanlagen in Unternehmen als Emittenten wendet der Teilfonds die (unten definierten) Ausschlusskriterien an, um die wichtigsten nachteiligen Auswirkungen abzumildern. Dazu schließt er schädliche Sektoren aus und verbietet Investitionen in Emittenten, die gegen internationale Standards wie den UNGC verstoßen.
- Mitwirkung – Fidelity nutzt Mitwirkung als ein Instrument, um die wichtigsten nachteiligen Auswirkungen besser zu verstehen und sich unter bestimmten Umständen für die Abmilderung der wichtigsten nachteiligen Auswirkungen einzusetzen. Fidelity beteiligt sich an relevanten individuellen und kollaborativen Engagements, die auf eine Reihe von wichtigen negativen Auswirkungen abzielen (z. B. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Abstimmungsverhalten	 –	Die	Abstimmungsrichtlinie		von	Fidelity	legt	explizite Mindeststandards	für	die	Geschlechtervielfalt	in	den	Leitungsorganen		und		für	die Berücksichtigung des Klimawandels durch die Unternehmensemittenten fest. Fidelity kann auch auf eine Weise abstimmen, dass die wichtigsten nachteiligen Auswirkungen abgemildert werden.
- Vierteljährliche Überprüfungen – Überwachung der wichtigsten nachteiligen Auswirkungen (PAI) durch den vierteljährlichen Überprüfungsprozess des Teilfonds.

Wenn es um die Frage geht, ob Investitionen eine wesentliche nachteilige Auswirkung haben, berücksichtigt Fidelity für jeden Nachhaltigkeitsfaktor spezifische Indikatoren. Diese Indikatoren hängen von der Datenverfügbarkeit ab und können sich mit zunehmender Datenqualität und
-verfügbarkeit weiterentwickeln.
Informationen über die wichtigsten nachteiligen Auswirkungen werden im Jahresbericht des Teilfonds zur Verfügung gestellt.
Die Anlagestrategie dient aIs Richtschnur für Investitionsentscheidun- gen, wobei bestimmte Kriterien wie beispielsweise Investitionsziele oder Risikotoleranz
berücksichtigt werden.
Mindestens 50% des Nettovermögens des Teilfonds werden in Wertpapiere investiert, die gute ESG-Eigenschaften aufweisen.
Ob ESG-Eigenschaften gut sind, wird anhand von ESG-Ratings externer Agenturen und von Fidelity ESG-Ratings ermittelt.
Innerhalb dieses Anlageuniversums wählt der Investmentmanager Aktien mit Hilfe rigoroser Bottom-up-Finanzanalysen und -bewertungen aus, Aktien mit einem Potenzial für hohe Anlagerenditen auszuwählen.
In Bezug auf seine Direktanlagen in Unternehmensemittenten berücksichtigt der Teilfonds:
- eine unternehmensweite Ausschlussliste, die Streumunition und Antipersonenlandminen umfasst; und
- eine normenbasierte Filterung von Emittenten, die nach Ansicht des Investmentmanagers ihre Geschäfte nicht in Übereinstimmung mit internationalen Normen, darunter den im UNGC festgelegten, durchgeführt haben.

Die oben genannten Ausschluss- und Filterkriterien (die „Ausschlusskriterien“) werden möglicherweise von Zeit zu Zeit aktualisiert. Weitere Informationen erhalten Sie auf der Website Sustainable investing framework (fidelityinternational.com).
Es steht zudem im Ermessen des Investmentmanagers, von Zeit zu Zeit erweiterte, strengere Nachhaltigkeitsanforderungen und Ausschlusskriterien anzuwenden.
Worin bestehen die verbindlichen Elemente der Anlagestrategie, die für die Auswahl der Investitionen zur Erfüllung der beworbenen ökologischen oder sozialen Ziele verwendet werden?
Der Teilfonds investiert:
- mindestens  50%  seines  Vermögens in Wertpapiere von Emittenten mit guten ESG-Eigenschaften,
- mindestens 10% in nachhaltige Anlagen, von denen mindestens 0% ein Umweltziel aufweisen, das sich an der EU-Taxonomie orientiert, mindestens 1% ein Umweltziel, das sich nicht an der EU-Taxonomie orientiert, und mindestens 1% ein Sozialziel verfolgen.

Darüber hinaus wird der Teilfonds die oben beschriebenen Ausschlusskriterien systematisch anwenden.
Um welchen Mindestsatz wird der Umfang der vor der Anwendung dieser Anlagestrategie in Betracht gezogenen Investitionen reduziert?
Diese Frage ist hier nicht relevant.
Die Verfahrensweisen einer guten
Unternehmensführung umfassen solide Managementstrukturen, die Beziehungen zu den Arbeitnehmern, die Vergütung von Mitarbeitern sowie die Einhaltung der Steuervorschriften.
Wie werden die Verfahrensweisen einer guten Unternehmensführung der Unternehmen, in die investiert wird, bewertet?
Die Governance-Praktiken der Emittenten werden anhand von Fundamentalresearch bewertet, die Fidelity ESG-Ratings sowie Daten zu Kontroversen und Verstößen gegen den UN Global Compact berücksichtigt.
Zu den wichtigsten Punkten, die analysiert werden, gehören unter anderem die Erfolgsbilanz der Kapitalallokation, die finanzielle Transparenz, Transaktionen mit nahestehenden Parteien, die Unabhängigkeit und Größe des Vorstands, die Vergütung der Führungskräfte, die Abschlussprüfer und die interne Aufsicht sowie die Rechte der Minderheitsanteilinhaber.
Die Vermögensallokation gibt den jeweiligen Anteil der Investitionen in bestimmte Vermögenswerte an.
Taxonomiekonforme Tätigkeiten, ausgedrückt durch den Anteil der:
- Umsatzerlöse, die den Anteil der Einnahmen aus umweltfreundlichenAktivitäten der Unternehmen, in die investiert wird, widerspiegeln
- Investitionsausgaben (CapEx), die die umweltfreundlichen Investitionen der Unternehmen, in die investiert wird, aufzeigen,z.B. für den Übergang zu einer grünen Wirtschaft- Betriebsausgaben (OpEx), die die umweltfreundlichenbetrieblichen Aktivitäten der Unternehmen, in die investiert wird, widerspiegeln(#1 Ausgerichtet an E/S-Eigenschaften) Der Teilfonds investiert nach Möglichkeit:
- mindestens 50% seines	Vermögens	in	Wertpapiere	von	Emittenten	mit	guten ESG-Eigenschaften,
- mindestens 10% in	nachhaltige	(#1A	nachhaltig)	Anlagen,	von	denen mindestens 0% ein Umweltziel verfolgen (das an der EU-Taxonomie ausgerichtet ist), mindestens 1% ein Umweltziel haben (das nicht an der EU-Taxonomie ausgerichtet ist) und mindestens 1% ein Sozialziel haben. Die übrigen nachhaltigen Anlagen des Teilfonds können ein Umwelt- oder Sozialziel verfolgen.

Sonstige Umweltziele 1%
(#1B Sonstige E/S-Eigenschaften) Umfasst Wertpapiere von Emittenten mit guten ESG-Eigenschaften, die aber keine nachhaltigen Anlagen sind.
#1A Nachhaltige
Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale
50%
Investitionen 10%
#1B Andere ökologische oder soziale Merkmale
Soziales 1%
#2 Andere Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst Investitionen des Finanzprodukts, die zur Erreichung der beworbenen ökologischen oder sozialen Merkmale getätigt wurden.
#2 Andere Investitionen umfasst die übrigen Investitionen des Finanzprodukts, die weder auf ökologische oder soziale Merkmale ausgerichtet sind noch als nachhaltige Investitionen eingestuft werden.
Die Kategorie #1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst folgende Unterkategorien:
Die Unterkategorie #1A Nachhaltige Investitionen umfasst nachhaltige Investitionen mit ökologischen oder sozialen Zielen.
Die Unterkategorie #1B Andere ökologische oder soziale Merkmale umfasst Investitionen, die auf ökologische oder soziale Merkmale ausgerichtet sind, aber nicht als nachhaltige Investitionen eingestuft werden.
Inwiefern werden durch den Einsatz von Derivaten die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht?
Wenn das einem Derivat zugrunde liegende Wertpapier im Einklang mit dem System für nachhaltiges Investieren von Fidelity gute ESG-Eigenschaften aufweist, darf das Derivat zur Feststellung des Teilfondsanteils berücksichtigt werden, der Umwelt- oder Sozialeigenschaften fördert.
In welchem Mindestmaß sind nachhaltige Investitionen mit einem Umweltziel mit der EU-Taxonomie konform?
Der Teilfonds investiert mindestens 0% in nachhaltige Anlagen mit einem Umweltziel, die mit der EU-Taxonomie konform sind.
Die Konformität der Anlagen des Teilfonds mit der EU-Taxonomie wird nicht durch Wirtschaftsprüfer oder mittels einer Überprüfung durch Dritte sichergestellt.
Die Ausrichtung der zugrunde liegenden Anlagen des Teilfonds an der EU-Taxonomie wird anhand des Umsatzes gemessen.
Investiert das Finanzprodukt in Aktivitäten im Zusammenhang mit fossilem Gas und/oder Kernenergie, die der EU-Taxonomie¹ entsprechen?
- JaNein
- In fossiles Gas	In KernenergieWie hoch ist der Mindestanteil der Investitionen in Übergangstätigkeiten und ermöglichende Tätigkeiten?

Der Teilfonds investiert mindestens 0% in Übergangstätigkeiten und ermöglichende Tätigkeiten.
Wie hoch ist der Mindestanteil nachhaltiger Investitionen mit einem Umweltziel, die nicht mit der EU-Taxonomie konform sind?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Umweltziel, das nicht an der EU-Taxonomie orientiert ist.
Die Anlagen können zwar an der EU-Taxonomie ausgerichtet sein, aber der Investmentmanager ist derzeit nicht in der Lage, den genauen Anteil der Anlagen des Teilfonds anzugeben, die die EU-Kriterien für ökologisch nachhaltiges Wirtschaften berücksichtigen. Die Position wird jedoch weiterhin überprüft, wenn die zugrunde liegenden Regeln festgelegt sind und im Laufe der Zeit mehr zuverlässige Daten zur Verfügung stehen.
¹ Tätigkeiten im Bereich fossiles Gas und/oder Kernenergie sind nur dann EU-taxonomiekonform, wenn sie zur Eindämmung des Klimawandels („Klimaschutz“) beitragen und kein Ziel der EU-Taxonomie erheblich beeinträchtigen – siehe Erläuterung am linken Rand. Die vollständigen Kriterien für EU-taxonomiekonforme Wirtschaftstätigkeiten im Bereich fossiles Gas und Kernenergie sind in der Delegierten Verordnung (EU) 2022/1214 der Kommission festgelegt.
Wie hoch ist der Mindestanteil der sozial nachhaltigen Investitionen?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Sozialziel.
Welche Investitionen fallen unter ,,#2 Andere Investitionen", welcher Anlagezweck wird mit ihnen verfolgt und gibt es einen ökologischen oder sozialen Mindestschutz?
Die verbleibenden Anlagen des Teilfonds erfolgen in Instrumenten, die zum Finanzziel des Teilfonds passen, und für Liquiditätszwecke in liquiden Mitteln und liquiden Mitteln gleichstehenden Mitteln sowie in Derivaten, die als Anlagen und für eine effiziente Portfolioverwaltung eingesetzt werden können.
Zur Gewährleistung eines Mindestmaßes an Umwelt- und Sozialabsicherungen wendet der Teilfonds die Ausschlusskriterien an.

###### Wurde ein Index als Referenzwert bestimmt, um festzustellen, ob dieses Finanzprodukt auf die beworbenen ökologischen und/oder sozialen Merkmale ausgerichtet ist?
Es wird kein bestimmter Index als Referenzbenchmark angegeben, um festzustellen, ob dieses Finanzprodukt zu den geförderten Umwelt- oder Sozialeigenschaften passt.
Bei den Referenzwerten handelt es sich um Indizes, mit denen gemessen wird, ob das Finanzprodukt die beworbenen ökologischen oder sozialen Merkmale erreicht.
Inwiefern ist der Referenzwert kontinuierlich auf die mit dem Finanzprodukt beworbenen ökologischen und sozialen Merkmale ausgerichtet?
Diese Frage ist hier nicht relevant.
Wie wird die kontinuierliche Ausrichtung der Anlagestrategie auf die Indexmethode sichergestellt?
Diese Frage ist hier nicht relevant.
Wie unterscheidet sich der bestimmte Index von einem relevanten breiten Marktindex?
Diese Frage ist hier nicht relevant.
Wo kann die Methode zur Berechnung des bestimmten Indexes eingesehen werden?
Diese Frage ist hier nicht relevant.

###### 	Wo kann ich im Internet weitere produktspezifische Informationen finden?
Weitere produktspezifische Informationen finden Sie auf der Website: https:/www.fidelity.lu/funds/factsheet/LU0702159772/tab-disclosure#SFDR-disclosure
Weitere Informationen zu den hier dargelegten Methoden finden Sie auf der Website: System fürnachhaltiges Investieren (fidelityinternational.com).
Vorvertragliche Informationen zu den in Artikel 8 Absätze 1, 2 und 2a der Verordnung (EU) 2019/2088 und Artikel 6 Absatz 1 der Verordnung (EU) 2020/852 genannten Finanzprodukten
Name des Produkts:	Unternehmenskennung (LEI- Code):
Fidelity Funds - Asian Special Situations Fund	5493001KQKB7F558TV86

###### Ökologische und/oder soziale Merkmale
| Werden mit diesem Finanzprodukt nachhaltige Investitionen angestrebt? |
| --- |
|  | - Ja
 |  | Nein |
| - Es wird damit ein MindestanteiI an nachhaltigen Investitionen mit einem Umweltziel getätigt:%
	- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie als ökologisch nachhaltig einzustufen sind
	- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie nicht als ökologisch nachhaltig einzustufen sind

- Es wird damit ein Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel getätigt:%
 | Es werden damit ökologische/soziale Merkmale beworben und obwohl keine nachhaltigen Investitionen angestrebt werden, enthält es einen Mindestanteil von 10% an nachhaltigen Investitionen. - mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie als ökologisch nachhaltig einzustufen sindmit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie nicht als ökologisch nachhaltig einzustufen sindmit einem sozialen Ziel
- Es	werden		damit	ökologische/soziale Merkmale	beworben,		aber	keinenachhaltigen Investitionen getätigt.
 |

Welche ökologischen und/ oder sozialen Merkmale werden mit diesem Finanzprodukt beworben?
Mit Nachhaltigkeitsin- dikatoren wird gemessen, inwieweit die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht werden.
Der Teilfonds fördert Umwelt- und Sozialeigenschaften, indem er in Wertpapiere von Emittenten mit guten ESG-Eigenschaften investiert. Gute ESG-Eigenschaften werden anhand von ESG-Ratings ermittelt. ESG-Ratings berücksichtigen Umwelteigenschaften wie CO2-Intensität, CO2-Emissionen, Energieeffizienz, Wasser- und Abfallmanagement und Biodiversität sowie Sozialeigenschaften wie Produktsicherheit, Lieferkette, Gesundheit und Sicherheit sowie Menschenrechte.
Der Teilfonds ist in gewissem Maße bestrebt, nachhaltige Anlagen zu tätigen.
Es wird keine Referenzbenchmark festgelegt, um die geförderten Umwelt- und Sozialeigenschaften zu erreichen.
einzelnen ökologischen oder sozialen Merkmale, die durch dieses Finanzprodukt beworben werden, herangezogen?
Der Teilfonds verwendet die folgenden Nachhaltigkeitsindikatoren, um die Ausprägung der von ihm geförderten Umwelt- oder Sozialeigenschaften zu messen:
- der  Prozentsatz des Teilfonds, der in Wertpapieren von Emittenten mit guten ESG-Eigenschaften im Einklang mit dem System für nachhaltiges Investieren von Fidelity investiert ist;
- in Bezug auf seine Direktanlagen in Unternehmen als Emittenten der Prozentsatz des Teilfonds, der in Wertpapiere von Emittenten investiert ist, auf die Ausschlusskriterien (wie unten definiert) zutreffen;
- der Prozentsatz des Teilfonds, der in nachhaltige Anlagen investiert ist; und
- der Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Umweltziel bei Wirtschaftsaktivitäten investiert ist, die gemäß der EU-Taxonomie nicht als ökologisch nachhaltig gelten; und
- der Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel investiert ist.

Welches sind die Ziele der nachhaltigen Investitionen, die mit dem
Finanzprodukt teilweise getätigt werden sollen, und wie trägt die nachhaltige Investition zu diesen Zielen bei?
Der Teilfonds ermittelt wie folgt, ob eine Anlage nachhaltig ist:
- Emittenten, die wirtschaftliche Tätigkeiten ausüben, die zu einem oder mehreren der in der EU-Taxonomie festgelegten Umweltziele beitragen und gemäß der EU-Taxonomie als ökologisch nachhaltig gelten; oder
- Emittenten, bei denen der Großteil ihrer Geschäftstätigkeit (mehr als 50% des Umsatzes) zu ökologischen oder sozialen Zielen beiträgt, die mit einem oder mehreren der Ziele der Vereinten Nationen für nachhaltige Entwicklung („SDG“) in Einklang stehen; oder
- Emittenten, die ein Dekarbonisierungsziel festgelegt haben, das mit einem Temperaturanstiegsszenario mit 1,5 Grad oder weniger vereinbar ist (überprüft durch die Science Based Target Initiative oder ein Fidelity Proprietary Climate Rating), das als Beitrag zu Umweltzielen angesehen wird;sofern sie keinen wesentlichen Schaden anrichten, Mindestabsicherungen bieten und gute Governance-Kriterien aufweisen.

teilweise getätigt werden sollen, keinem der ökologischen oder sozialen nachhaltigen Anlageziele erheblich schaden?
Nachhaltige Anlagen werden auf ihre Beteiligung an Aktivitäten überprüft, die erheblichen Schaden und Kontroversen verursachen, und durch eine Kontrolle bewertet, ob der Emittent Mindestabsicherungen und -standards hinsichtlich der wichtigsten nachteiligen Auswirkungen (PAI) sowie die Leistung bei den PAI-Kennzahlen umsetzt bzw. erfüllt. Dazu gehören:
- Normenbasierte Filterkriterien – das Filtern von Wertpapieren, die gemäß den bestehenden (unten beschriebenen) normenbasierten Filterkriterien von Fidelity ermittelt wurden, anhand von:
- aktivitätsbasierten Filterkriterien – das Filtern von Emittenten auf der Grundlage ihrer Beteiligung an Aktivitäten mit erheblichen negativen Auswirkungen auf die Gesellschaft oder die Umwelt, darunter Emittenten, bei denen aufgrund der Filterkriterien für Kontroversen eine„sehr gravierende“ Kontroverse vorliegt, die im Bereich
- Umwelt,
- Menschenrechte und Gemeinschaften,
- Arbeitnehmerrechte und Lieferkette,
- Kunden,
- Governance angesiedelt ist; und anhand von
	- PAI-Indikatoren. Quantitative Daten (sofern verfügbar) zu PAI-Indikatoren werden verwendet, um zu bewerten, ob ein Emittent an Aktivitäten beteiligt ist, die einem Umwelt- oder Sozialziel erheblichen Schaden zufügen.


Bei den wichtigsten nachteiligen Auswirkungen handelt es sich um die bedeutendsten nachteiligen Auswirkungen von Investitionsentscheidun- gen auf NachhaItigkeitsfaktoren in den Bereichen Umwelt, Soziales und Beschäftigung, Achtung der Menschenrechte und Bekämpfung von Korruption und Bestechung.
Wie wurden die Indikatoren für nachteilige Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Für nachhaltige Anlagen, wie oben beschrieben, führt Fidelity eine quantitative Bewertung durch, um Emittenten mit einer problematischen Leistung bei PAI-Indikatoren zu ermitteln. Emittenten mit einer niedrigen Punktzahl kommen nur dann für „nachhaltige Anlagen“ infrage, wenn die Fundamentalresearch von Fidelity feststellt, dass der Emittent nicht gegen die Anforderungen verstößt, „keinen wesentlichen Schaden anrichtet“ oder sich auf einem guten Weg befindet, um die nachteiligen Auswirkungen durch effektives Management oder einen Übergang abzumildern.
Wie stehen die nachhaltigen Investitionen mit den OECD-Leitsätzen für multinationale Unternehmen und den Leitprinzipien der Vereinten Nationen für Wirtschaft und
Menschenrechte in Einklang? Nähere Angaben:
Es werden normenbasierte Filterkriterien angewendet: Emittenten, bei denen festgestellt wurde, dass sie sich nicht in einer Weise verhalten, die ihrer grundlegenden Verantwortung in den Bereichen Menschenrechte, Arbeit, Umwelt und Korruptionsbekämpfung im Einklang mit internationalen Normen gerecht wird, darunter denjenigen, die in den OECD-Leitsätzen für multinationale Unternehmen, den Leitprinzipien der Vereinten Nationen für Wirtschaft und Menschenrechte, dem UN Global Compact (UNGC) und den IAO-Standards der Internationalen Arbeitsorganisation (ILO) festgelegt sind, kommen für nachhaltige Investitionen nicht infrage.
In der EU-Taxonomie ist der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" festgelegt, nach dem taxonomiekonforme Investitionen die Ziele der EU-Taxonomie nicht erheblich beeinträchtigen dürfen, und es sind spezifische EU-Kriterien beigefügt. Der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" findet nur bei denjenigen dem Finanzprodukt zugrunde liegenden Investitionen Anwendung, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten berücksichtigen. Die dem verbleibenden Teil dieses  Finanzprodukts zugrunde  liegenden Investitionen berücksichtigen nicht die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten. Alle anderen nachhaltigen Investitionen dürfen ökologische oder soziale Ziele ebenfalls nicht erheblich beeinträchtigen.

###### Werden bei diesem Finanzprodukt die wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Ja
- NeinDie wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren werden mit Hilfe einer Vielzahl von Instrumenten berücksichtigt und in Anlageentscheidungen einbezogen. Hierzu zählen:
- Due Diligence – Analyse, ob die wichtigsten nachteiligen Auswirkungen (PAI) wesentlich und negativ sind.
- ESG-Rating – Fidelity bezieht sich auf ESG-Ratings, die wesentliche nachteilige Auswirkungen wie CO2-Emissionen, Mitarbeitersicherheit, Bestechung und Korruption sowie Wassermanagement berücksichtigen, und bei den von Staaten ausgegebenen Wertpapieren berücksichtigen die verwendeten Ratings wichtige nachteilige Auswirkungen (PAI) wie CO2-Emissionen, Sozialverstöße und die Meinungsfreiheit.
- Ausschlusskriterien – Bei Direktanlagen in Unternehmen als Emittenten wendet der Teilfonds die (unten definierten) Ausschlusskriterien an, um die wichtigsten nachteiligen Auswirkungen abzumildern. Dazu schließt er schädliche Sektoren aus und verbietet Investitionen in Emittenten, die gegen internationale Standards wie den UNGC verstoßen.
- Mitwirkung – Fidelity nutzt Mitwirkung als ein Instrument, um die wichtigsten nachteiligen Auswirkungen besser zu verstehen und sich unter bestimmten Umständen für die Abmilderung der wichtigsten nachteiligen Auswirkungen einzusetzen. Fidelity beteiligt sich an relevanten individuellen und kollaborativen Arten der Mitwirkung, die auf eine Reihe von wichtigen negativen Auswirkungen abzielen (z. B. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Abstimmungsverhalten – Die Abstimmungspolitik von Fidelity umfasst bei Unternehmen als Emittenten explizite Mindeststandards für die Geschlechtervielfalt im Aufsichtsrat und die Auseinandersetzung mit dem Klimawandel. Fidelity kann auch auf eine Weise abstimmen, dass die wichtigsten nachteiligen Auswirkungen abgemildert werden.
- Vierteljährliche Überprüfungen – Überwachung der wichtigsten nachteiligen Auswirkungen (PAI) durch den vierteljährlichen Überprüfungsprozess des Teilfonds.

Wenn es um die Frage geht, ob Investitionen eine wesentliche nachteilige Auswirkung haben, berücksichtigt Fidelity für jeden Nachhaltigkeitsfaktor spezifische Indikatoren. Diese Indikatoren hängen von der Datenverfügbarkeit ab und können sich mit zunehmender Datenqualität und
-verfügbarkeit weiterentwickeln.
Informationen über die wichtigsten nachteiligen Auswirkungen werden im Jahresbericht des Teilfonds zur Verfügung gestellt.
Die Anlagestrategie dient aIs Richtschnur für Investitionsentscheidun- gen, wobei bestimmte Kriterien wie beispielsweise Investitionsziele oder Risikotoleranz
berücksichtigt werden.
Mindestens 50% des Nettovermögens des Teilfonds werden in Wertpapiere investiert, die gute ESG-Eigenschaften aufweisen.
Ob ESG-Eigenschaften gut sind, wird anhand von ESG-Ratings externer Agenturen und von Fidelity ESG-Ratings ermittelt.
Innerhalb dieses Anlageuniversums wählt der Investmentmanager Aktien mit Hilfe rigoroser Bottom-up-Finanzanalysen und -bewertungen aus, um Aktien mit einem Potenzial für hohe Anlagerenditen auszuwählen.
In Bezug auf seine Direktanlagen in Unternehmensemittenten berücksichtigt der Teilfonds:
- eine unternehmensweite Ausschlussliste, die Streumunition und Antipersonenlandminen umfasst; und
- eine normenbasierte Filterung von Emittenten, die nach Ansicht des Investmentmanagers ihre Geschäfte nicht in Übereinstimmung mit internationalen Normen, darunter den im UNGC festgelegten, durchgeführt haben.

Die oben genannten Ausschluss- und Filterkriterien (die „Ausschlusskriterien“) werden möglicherweise von Zeit zu Zeit aktualisiert. Weitere Informationen erhalten Sie auf der Website Sustainable investing framework (fidelityinternational.com).
Es steht zudem im Ermessen des Investmentmanagers, von Zeit zu Zeit erweiterte, strengere Nachhaltigkeitsanforderungen und Ausschlusskriterien anzuwenden.
Worin bestehen die verbindlichen Elemente der Anlagestrategie, die für die Auswahl der Investitionen zur Erfüllung der beworbenen ökologischen oder sozialen Ziele verwendet werden?
Der Teilfonds investiert:
- mindestens  50%  seines  Vermögens in Wertpapiere von Emittenten mit guten ESG-Eigenschaften,
- mindestens 10% in nachhaltige Anlagen, von denen mindestens 0% ein Umweltziel aufweisen, das sich an der EU-Taxonomie orientiert, mindestens 2% ein Umweltziel, das sich nicht an der EU-Taxonomie orientiert, und mindestens 5% ein Sozialziel verfolgen.

Darüber hinaus wird der Teilfonds die oben beschriebenen Ausschlusskriterien systematisch anwenden.
Um welchen Mindestsatz wird der Umfang der vor der Anwendung dieser Anlagestrategie in Betracht gezogenen Investitionen reduziert?
Diese Frage ist hier nicht relevant.
Die Verfahrensweisen einer guten
Unternehmensführung umfassen solide Managementstrukturen, die Beziehungen zu den Arbeitnehmern, die Vergütung von Mitarbeitern sowie die Einhaltung der Steuervorschriften.
Wie werden die Verfahrensweisen einer guten Unternehmensführung der Unternehmen, in die investiert wird, bewertet?
Die Governance-Praktiken der Emittenten werden anhand von Fundamentalresearch bewertet, die Fidelity ESG-Ratings sowie Daten zu Kontroversen und Verstößen gegen den UN Global Compact berücksichtigt.
Zu den wichtigsten Punkten, die analysiert werden, gehören unter anderem die Erfolgsbilanz der Kapitalallokation, die finanzielle Transparenz, Transaktionen mit nahestehenden Parteien, die Unabhängigkeit und Größe des Vorstands, die Vergütung der Führungskräfte, die Abschlussprüfer und die interne Aufsicht sowie die Rechte der Minderheitsanteilinhaber.
Die Vermögensallokation gibt den jeweiligen Anteil der Investitionen in bestimmte Vermögenswerte an.
Taxonomiekonforme Tätigkeiten, ausgedrückt durch den Anteil der:
- Umsatzerlöse, die den Anteil der Einnahmen aus umweltfreundlichenAktivitäten der Unternehmen, in die investiert wird, widerspiegeln
- Investitionsausgaben (CapEx), die die umweltfreundlichen Investitionen der Unternehmen, in die investiert wird, aufzeigen,z.B. für den Übergang zu einer grünen Wirtschaft- Betriebsausgaben (OpEx), die die umweltfreundlichenbetrieblichen Aktivitäten der Unternehmen, in die investiert wird, widerspiegeln(#1 Ausgerichtet an E/S-Eigenschaften) Der Teilfonds investiert nach Möglichkeit:
- mindestens 50% seines	Vermögens	in	Wertpapiere	von	Emittenten	mit	guten ESG-Eigenschaften,
- mindestens 10% seines Vermögens in nachhaltige (#1A nachhaltig) Anlagen, von denen mindestens 0% ein Umweltziel verfolgen (das an der EU-Taxonomie ausgerichtet ist), mindestens 2%ein Umweltziel haben (das nicht an der EU-Taxonomie ausgerichtet ist) und mindestens 5% ein Sozialziel haben. Die übrigen nachhaltigen Anlagen des Teilfonds können ein Umwelt- oder Sozialziel verfolgen.

Sonstige Umweltziele 2%
(#1B Sonstige E/S-Eigenschaften) Umfasst Wertpapiere von Emittenten mit guten ESG-Eigenschaften, die aber keine nachhaltigen Anlagen sind.
#1A Nachhaltige
Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale
50%
Investitionen 10%
#1B Andere ökologische oder soziale Merkmale
Soziales 5%
#2 Andere Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst Investitionen des Finanzprodukts, die zur Erreichung der beworbenen ökologischen oder sozialen Merkmale getätigt wurden.
#2 Andere Investitionen umfasst die übrigen Investitionen des Finanzprodukts, die weder auf ökologische oder soziale Merkmale ausgerichtet sind noch als nachhaltige Investitionen eingestuft werden.
Die Kategorie #1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst folgende Unterkategorien:
Die Unterkategorie #1A Nachhaltige Investitionen umfasst nachhaltige Investitionen mit ökologischen oder sozialen Zielen.
Die Unterkategorie #1B Andere ökologische oder soziale Merkmale umfasst Investitionen, die auf ökologische oder soziale Merkmale ausgerichtet sind, aber nicht als nachhaltige Investitionen eingestuft werden.
Inwiefern werden durch den Einsatz von Derivaten die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht?
Wenn das einem Derivat zugrunde liegende Wertpapier im Einklang mit dem System für nachhaltiges Investieren von Fidelity gute ESG-Eigenschaften aufweist, darf das Derivat zur Feststellung des Teilfondsanteils berücksichtigt werden, der Umwelt- oder Sozialeigenschaften fördert.
In welchem Mindestmaß sind nachhaltige Investitionen mit einem Umweltziel mit der EU-Taxonomie konform?
Der Teilfonds investiert mindestens 0% in nachhaltige Anlagen mit einem Umweltziel, die mit der EU-Taxonomie konform sind.
Die Konformität der Anlagen des Teilfonds mit der EU-Taxonomie wird nicht durch Wirtschaftsprüfer oder mittels einer Überprüfung durch Dritte sichergestellt.
Die Ausrichtung der zugrunde liegenden Anlagen des Teilfonds an der EU-Taxonomie wird anhand des Umsatzes gemessen.
Investiert das Finanzprodukt in Aktivitäten im Zusammenhang mit fossilem Gas und/oder Kernenergie, die der EU-Taxonomie¹ entsprechen?
- JaNein
- In fossiles Gas	In KernenergieWie hoch ist der Mindestanteil der Investitionen in Übergangstätigkeiten und ermöglichende Tätigkeiten?

Der Teilfonds investiert mindestens 0% in Übergangstätigkeiten und ermöglichende Tätigkeiten.
Wie hoch ist der Mindestanteil nachhaltiger Investitionen mit einem Umweltziel, die nicht mit der EU-Taxonomie konform sind?
Der Teilfonds investiert mindestens 2% in nachhaltige Anlagen mit einem Umweltziel, das nicht mit der EU-Taxonomie konform ist.
Die Anlagen können zwar mit der EU-Taxonomie konform sein, aber der Investmentmanager ist derzeit nicht in der Lage, den genauen Anteil der Anlagen des Teilfonds anzugeben, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftstätigkeiten berücksichtigen. Die Position wird jedoch weiterhin überprüft, wenn die zugrunde liegenden Regeln festgelegt sind und im Laufe der Zeit mehr zuverlässige Daten zur Verfügung stehen.
¹ Tätigkeiten im Bereich fossiles Gas und/oder Kernenergie sind nur dann EU-taxonomiekonform, wenn sie zur Eindämmung des Klimawandels („Klimaschutz“) beitragen und kein Ziel der EU-Taxonomie erheblich beeinträchtigen – siehe Erläuterung am linken Rand. Die vollständigen Kriterien für EU-taxonomiekonforme Wirtschaftstätigkeiten im Bereich fossiles Gas und Kernenergie sind in der Delegierten Verordnung (EU) 2022/1214 der Kommission festgelegt.
Wie hoch ist der Mindestanteil der sozial nachhaltigen Investitionen?
Der Teilfonds investiert mindestens 5% in nachhaltige Anlagen mit einem Sozialziel.
Welche Investitionen fallen unter ,,#2 Andere Investitionen", welcher Anlagezweck wird mit ihnen verfolgt und gibt es einen ökologischen oder sozialen Mindestschutz?
Die verbleibenden Anlagen des Teilfonds erfolgen in Instrumenten, die zum Finanzziel des Teilfonds passen, und für Liquiditätszwecke in liquiden Mitteln und liquiden Mitteln gleichstehenden Mitteln sowie in Derivaten, die als Anlagen und für eine effiziente Portfolioverwaltung eingesetzt werden können.
Zur Gewährleistung eines Mindestmaßes an Umwelt- und Sozialabsicherungen wendet der Teilfonds die Ausschlusskriterien an.

###### Wurde ein Index als Referenzwert bestimmt, um festzustellen, ob dieses Finanzprodukt auf die beworbenen ökologischen und/oder sozialen Merkmale ausgerichtet ist?
Es wird kein bestimmter Index als Referenzbenchmark angegeben, um festzustellen, ob dieses Finanzprodukt zu den geförderten Umwelt- oder Sozialeigenschaften passt.
Bei den Referenzwerten handelt es sich um Indizes, mit denen gemessen wird, ob das Finanzprodukt die beworbenen ökologischen oder sozialen Merkmale erreicht.
Inwiefern ist der Referenzwert kontinuierlich auf die mit dem Finanzprodukt beworbenen ökologischen und sozialen Merkmale ausgerichtet?
Diese Frage ist hier nicht relevant.
Wie wird die kontinuierliche Ausrichtung der Anlagestrategie auf die Indexmethode sichergestellt?
Diese Frage ist hier nicht relevant.
Wie unterscheidet sich der bestimmte Index von einem relevanten breiten Marktindex?
Diese Frage ist hier nicht relevant.
Wo kann die Methode zur Berechnung des bestimmten Indexes eingesehen werden?
Diese Frage ist hier nicht relevant.

###### 	Wo kann ich im Internet weitere produktspezifische Informationen finden?
Weitere produktspezifische Informationen finden Sie auf der Website: https:/www.fidelity.lu/funds/factsheet/LU0413542167/tab-disclosure#SFDR-disclosure. 
Weitere Informationen zu den hier dargelegten Methoden finden Sie auf der Website: System fürnachhaltiges Investieren (fidelityinternational.com).
Vorvertragliche Informationen zu den in Artikel 8 Absätze 1, 2 und 2a der Verordnung (EU) 2019/2088 und Artikel 6 Absatz 1 der Verordnung (EU) 2020/852 genannten Finanzprodukten
Name des Produkts:	Unternehmenskennung (LEI- Code):
Fidelity Funds - Japan Growth Fund	549300HZWG6GBKD16L77

###### Ökologische und/oder soziale Merkmale
| Werden mit diesem Finanzprodukt nachhaltige Investitionen angestrebt? |
| --- |
|  | - Ja
 |  | Nein |
| - Es wird damit ein MindestanteiI an nachhaltigen Investitionen mit einem Umweltziel getätigt:%
	- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie als ökologisch nachhaltig einzustufen sind
	- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie nicht als ökologisch nachhaltig einzustufen sind

- Es wird damit ein Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel getätigt:%
 | Es werden damit ökologische/soziale Merkmale beworben und obwohl keine nachhaltigen Investitionen angestrebt werden, enthält es einen Mindestanteil von 10% an nachhaltigen Investitionen. - mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie als ökologisch nachhaltig einzustufen sindmit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie nicht als ökologisch nachhaltig einzustufen sindmit einem sozialen Ziel
- Es	werden		damit	ökologische/soziale Merkmale	beworben,		aber	keinenachhaltigen Investitionen getätigt.
 |

Welche ökologischen und/ oder sozialen Merkmale werden mit diesem Finanzprodukt beworben?
Mit Nachhaltigkeitsin- dikatoren wird gemessen, inwieweit die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht werden.
Der Teilfonds fördert Umwelt- und Sozialeigenschaften, indem er in Wertpapiere von Emittenten mit guten ESG-Eigenschaften investiert. Gute ESG-Eigenschaften werden anhand von ESG-Ratings ermittelt. ESG-Ratings berücksichtigen Umwelteigenschaften wie CO2-Intensität, CO2-Emissionen, Energieeffizienz, Wasser- und Abfallmanagement und Biodiversität sowie Sozialeigenschaften wie Produktsicherheit, Lieferkette, Gesundheit und Sicherheit sowie Menschenrechte.
Der Teilfonds ist in gewissem Maße bestrebt, nachhaltige Anlagen zu tätigen.
Es wird keine Referenzbenchmark festgelegt, um die geförderten Umwelt- und Sozialeigenschaften zu erreichen.
einzelnen ökologischen oder sozialen Merkmale, die durch dieses Finanzprodukt beworben werden, herangezogen?
Der Teilfonds verwendet die folgenden Nachhaltigkeitsindikatoren, um die Ausprägung der von ihm geförderten Umwelt- oder Sozialeigenschaften zu messen:
- der  Prozentsatz des Teilfonds, der in Wertpapieren von Emittenten mit guten ESG-Eigenschaften im Einklang mit dem System für nachhaltiges Investieren von Fidelity investiert ist;
- in Bezug auf seine Direktanlagen in Unternehmen als Emittenten der Prozentsatz des Teilfonds, der in Wertpapiere von Emittenten investiert ist, auf die Ausschlusskriterien (wie unten definiert) zutreffen;
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen investiert ist; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel bei Wirtschaftsaktivitäten investiert ist, die gemäß der EU-Taxonomie nicht als ökologisch nachhaltig gelten; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel investiert ist.

Welches sind die Ziele der nachhaltigen Investitionen, die mit dem
Finanzprodukt teilweise getätigt werden sollen, und wie trägt die nachhaltige Investition zu diesen Zielen bei?
Der Teilfonds ermittelt wie folgt, ob eine Anlage nachhaltig ist:
- Emittenten, die wirtschaftliche Tätigkeiten ausüben, die zu einem oder mehreren der in der EU-Taxonomie festgelegten Umweltziele beitragen und gemäß der EU-Taxonomie als ökologisch nachhaltig gelten; oder
- Emittenten, bei denen der Großteil ihrer Geschäftstätigkeit (mehr als 50% des Umsatzes) zu ökologischen oder sozialen Zielen beiträgt, die mit einem oder mehreren der Ziele der Vereinten Nationen für nachhaltige Entwicklung („SDG“) in Einklang stehen; oder
- Emittenten, die ein Dekarbonisierungsziel festgelegt haben, das mit einem Temperaturanstiegsszenario mit 1,5 Grad oder weniger vereinbar ist (überprüft durch die Science Based Target Initiative oder ein Fidelity Proprietary Climate Rating), das als Beitrag zu Umweltzielen angesehen wird;sofern sie keinen wesentlichen Schaden anrichten, Mindestabsicherungen bieten und gute Governance-Kriterien aufweisen.

teilweise getätigt werden sollen, keinem der ökologischen oder sozialen nachhaltigen Anlageziele erheblich schaden?
Nachhaltige Anlagen werden auf ihre Beteiligung an Aktivitäten überprüft, die erheblichen Schaden und Kontroversen verursachen, und durch eine Kontrolle bewertet, ob der Emittent Mindestabsicherungen und -standards hinsichtlich der wichtigsten nachteiligen Auswirkungen (PAI) sowie die Leistung bei den PAI-Kennzahlen umsetzt bzw. erfüllt. Dazu gehören:
- Normenbasierte Filterkriterien – das Filtern von Wertpapieren, die gemäß den bestehenden (unten beschriebenen) normenbasierten Filterkriterien von Fidelity ermittelt wurden, anhand von:
- aktivitätsbasierten Filterkriterien – das Filtern von Emittenten auf der Grundlage ihrer Beteiligung an Aktivitäten mit erheblichen negativen Auswirkungen auf die Gesellschaft oder die Umwelt, darunter Emittenten, bei denen aufgrund der Filterkriterien für Kontroversen eine„sehr gravierende“ Kontroverse vorliegt, die im Bereich
- Umwelt,
- Menschenrechte und Gemeinschaften,
- Arbeitnehmerrechte und Lieferkette,
- Kunden,
- Governance angesiedelt ist; und anhand von
	- PAI-Indikatoren. Quantitative Daten (sofern verfügbar) zu PAI-Indikatoren werden verwendet, um zu bewerten, ob ein Emittent an Aktivitäten beteiligt ist, die einem Umwelt- oder Sozialziel erheblichen Schaden zufügen.


Bei den wichtigsten nachteiligen Auswirkungen handelt es sich um die bedeutendsten nachteiligen Auswirkungen von Investitionsentscheidun- gen auf NachhaItigkeitsfaktoren in den Bereichen Umwelt, Soziales und Beschäftigung, Achtung der Menschenrechte und Bekämpfung von Korruption und Bestechung.
Wie wurden die Indikatoren für nachteilige Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Für nachhaltige Anlagen, wie oben beschrieben, führt Fidelity eine quantitative Bewertung durch, um Emittenten mit einer problematischen Leistung bei PAI-Indikatoren zu ermitteln. Emittenten mit einer niedrigen Punktzahl kommen nur dann für „nachhaltige Anlagen“ infrage, wenn die Fundamentalresearch von Fidelity feststellt, dass der Emittent nicht gegen die Anforderungen verstößt, „keinen wesentlichen Schaden anrichtet“ oder sich auf einem guten Weg befindet, um die nachteiligen Auswirkungen durch effektives Management oder einen Übergang abzumildern.
Wie stehen die nachhaltigen Investitionen mit den OECD-Leitsätzen für multinationale Unternehmen und den Leitprinzipien der Vereinten Nationen für Wirtschaft und
Menschenrechte in Einklang? Nähere Angaben:
Es werden normenbasierte Filterkriterien angewendet: Emittenten, bei denen festgestellt wurde, dass sie sich nicht in einer Weise verhalten, die ihrer grundlegenden Verantwortung in den Bereichen Menschenrechte, Arbeit, Umwelt und Korruptionsbekämpfung im Einklang mit internationalen Normen gerecht wird, darunter denjenigen, die in den OECD-Leitsätzen für multinationale Unternehmen, den Leitprinzipien der Vereinten Nationen für Wirtschaft und Menschenrechte, dem UN Global Compact (UNGC) und den IAO-Standards der Internationalen Arbeitsorganisation (ILO) festgelegt sind, kommen für nachhaltige Investitionen nicht infrage.
In der EU-Taxonomie ist der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" festgelegt, nach dem taxonomiekonforme Investitionen die Ziele der EU-Taxonomie nicht erheblich beeinträchtigen dürfen, und es sind spezifische EU-Kriterien beigefügt. Der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" findet nur bei denjenigen dem Finanzprodukt zugrunde liegenden Investitionen Anwendung, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten berücksichtigen. Die dem verbleibenden Teil dieses  Finanzprodukts zugrunde  liegenden Investitionen berücksichtigen nicht die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten. Alle anderen nachhaltigen Investitionen dürfen ökologische oder soziale Ziele ebenfalls nicht erheblich beeinträchtigen.

###### Werden bei diesem Finanzprodukt die wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Ja
- NeinDie wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren werden mit Hilfe einer Vielzahl von Instrumenten berücksichtigt und in Anlageentscheidungen einbezogen. Hierzu zählen:
- Due Diligence – Analyse, ob die wichtigsten nachteiligen Auswirkungen (PAI) wesentlich und negativ sind.
- ESG-Rating – Fidelity bezieht sich auf ESG-Ratings, die wesentliche nachteilige Auswirkungen wie CO2-Emissionen, Mitarbeitersicherheit, Bestechung und Korruption sowie Wassermanagement berücksichtigen, und bei den von Staaten ausgegebenen Wertpapieren berücksichtigen die verwendeten Ratings wichtige nachteilige Auswirkungen (PAI) wie CO2-Emissionen, Sozialverstöße und die Meinungsfreiheit.
- Ausschlusskriterien – Bei Direktanlagen in Unternehmen als Emittenten wendet der Teilfonds die (unten definierten) Ausschlusskriterien an, um die wichtigsten nachteiligen Auswirkungen abzumildern. Dazu schließt er schädliche Sektoren aus und verbietet Investitionen in Emittenten, die gegen internationale Standards wie den UNGC verstoßen.
- Mitwirkung – Fidelity nutzt Mitwirkung als ein Instrument, um die wichtigsten nachteiligen Auswirkungen besser zu verstehen und sich unter bestimmten Umständen für die Abmilderung der wichtigsten nachteiligen Auswirkungen einzusetzen. Fidelity beteiligt sich an relevanten individuellen und kollaborativen Engagements, die auf eine Reihe von wichtigen negativen Auswirkungen abzielen (z. B. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Abstimmungsverhalten	 –	Die	Abstimmungsrichtlinie		von	Fidelity	legt	explizite Mindeststandards	für	die	Geschlechtervielfalt	in	den	Leitungsorganen		und		für	die Berücksichtigung des Klimawandels durch die Unternehmensemittenten fest. Fidelity kann auch auf eine Weise abstimmen, dass die wichtigsten nachteiligen Auswirkungen abgemildert werden.
- Vierteljährliche Überprüfungen – Überwachung der wichtigsten nachteiligen Auswirkungen (PAI) durch den vierteljährlichen Überprüfungsprozess des Teilfonds.

Wenn es um die Frage geht, ob Investitionen eine wesentliche nachteilige Auswirkung haben, berücksichtigt Fidelity für jeden Nachhaltigkeitsfaktor spezifische Indikatoren. Diese Indikatoren hängen von der Datenverfügbarkeit ab und können sich mit zunehmender Datenqualität und
-verfügbarkeit weiterentwickeln.
Informationen über die wichtigsten nachteiligen Auswirkungen werden im Jahresbericht des Teilfonds zur Verfügung gestellt.
Die Anlagestrategie dient aIs Richtschnur für Investitionsentscheidun- gen, wobei bestimmte Kriterien wie beispielsweise Investitionsziele oder Risikotoleranz
berücksichtigt werden.
Mindestens 50% des Nettovermögens des Teilfonds werden in Wertpapiere investiert, die gute ESG-Eigenschaften aufweisen.
Ob ESG-Eigenschaften gut sind, wird anhand von ESG-Ratings externer Agenturen und von Fidelity ESG-Ratings ermittelt.
Innerhalb dieses Anlageuniversums wählt der Investmentmanager Aktien mit Hilfe rigoroser Bottom-up-Finanzanalysen und -bewertungen aus, Aktien mit einem Potenzial für hohe Anlagerenditen auszuwählen.
In Bezug auf seine Direktanlagen in Unternehmensemittenten berücksichtigt der Teilfonds:
- eine unternehmensweite Ausschlussliste, die Streumunition und Antipersonenlandminen umfasst; und
- eine normenbasierte Filterung von Emittenten, die nach Ansicht des Investmentmanagers ihre Geschäfte nicht in Übereinstimmung mit internationalen Normen, darunter den im UNGC festgelegten, durchgeführt haben.

Die oben genannten Ausschluss- und Filterkriterien (die „Ausschlusskriterien“) werden möglicherweise von Zeit zu Zeit aktualisiert. Weitere Informationen erhalten Sie auf der Website Sustainable investing framework (fidelityinternational.com).
Es steht zudem im Ermessen des Investmentmanagers, von Zeit zu Zeit erweiterte, strengere Nachhaltigkeitsanforderungen und Ausschlusskriterien anzuwenden.
Worin bestehen die verbindlichen Elemente der Anlagestrategie, die für die Auswahl der Investitionen zur Erfüllung der beworbenen ökologischen oder sozialen Ziele verwendet werden?
Der Teilfonds investiert:
- mindestens  50%  seines  Vermögens in Wertpapiere von Emittenten mit guten ESG-Eigenschaften,
- mindestens 10% in nachhaltige Anlagen, von denen mindestens 0% ein Umweltziel aufweisen, das sich an der EU-Taxonomie orientiert, mindestens 1% ein Umweltziel, das sich nicht an der EU-Taxonomie orientiert, und mindestens 1% ein Sozialziel verfolgen.

Darüber hinaus wird der Teilfonds die oben beschriebenen Ausschlusskriterien systematisch anwenden.
Um welchen Mindestsatz wird der Umfang der vor der Anwendung dieser Anlagestrategie in Betracht gezogenen Investitionen reduziert?
Diese Frage ist hier nicht relevant.
Die Verfahrensweisen einer guten
Unternehmensführung umfassen solide Managementstrukturen, die Beziehungen zu den Arbeitnehmern, die Vergütung von Mitarbeitern sowie die Einhaltung der Steuervorschriften.
Wie werden die Verfahrensweisen einer guten Unternehmensführung der Unternehmen, in die investiert wird, bewertet?
Die Governance-Praktiken der Emittenten werden anhand von Fundamentalresearch bewertet, die Fidelity ESG-Ratings sowie Daten zu Kontroversen und Verstößen gegen den UN Global Compact berücksichtigt.
Zu den wichtigsten Punkten, die analysiert werden, gehören unter anderem die Erfolgsbilanz der Kapitalallokation, die finanzielle Transparenz, Transaktionen mit nahestehenden Parteien, die Unabhängigkeit und Größe des Vorstands, die Vergütung der Führungskräfte, die Abschlussprüfer und die interne Aufsicht sowie die Rechte der Minderheitsanteilinhaber.
Die Vermögensallokation gibt den jeweiligen Anteil der Investitionen in bestimmte Vermögenswerte an.
Taxonomiekonforme Tätigkeiten, ausgedrückt durch den Anteil der:
- Umsatzerlöse, die den Anteil der Einnahmen aus umweltfreundlichenAktivitäten der Unternehmen, in die investiert wird, widerspiegeln
- Investitionsausgaben (CapEx), die die umweltfreundlichen Investitionen der Unternehmen, in die investiert wird, aufzeigen,z.B. für den Übergang zu einer grünen Wirtschaft- Betriebsausgaben (OpEx), die die umweltfreundlichenbetrieblichen Aktivitäten der Unternehmen, in die investiert wird, widerspiegeln(#1 Ausgerichtet an E/S-Eigenschaften) Der Teilfonds investiert nach Möglichkeit:
- mindestens 50% seines	Vermögens	in	Wertpapiere	von	Emittenten	mit	guten ESG-Eigenschaften,
- mindestens 10% in	nachhaltige	(#1A	nachhaltig)	Anlagen,	von	denen mindestens 0% ein Umweltziel verfolgen (das an der EU-Taxonomie ausgerichtet ist), mindestens 1% ein Umweltziel haben (das nicht an der EU-Taxonomie ausgerichtet ist) und mindestens 1% ein Sozialziel haben. Die übrigen nachhaltigen Anlagen des Teilfonds können ein Umwelt- oder Sozialziel verfolgen.

Sonstige Umweltziele 1%
(#1B Sonstige E/S-Eigenschaften) Umfasst Wertpapiere von Emittenten mit guten ESG-Eigenschaften, die aber keine nachhaltigen Anlagen sind.
#1A Nachhaltige
Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale
50%
Investitionen 10%
#1B Andere ökologische oder soziale Merkmale
Soziales 1%
#2 Andere Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst Investitionen des Finanzprodukts, die zur Erreichung der beworbenen ökologischen oder sozialen Merkmale getätigt wurden.
#2 Andere Investitionen umfasst die übrigen Investitionen des Finanzprodukts, die weder auf ökologische oder soziale Merkmale ausgerichtet sind noch als nachhaltige Investitionen eingestuft werden.
Die Kategorie #1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst folgende Unterkategorien:
Die Unterkategorie #1A Nachhaltige Investitionen umfasst nachhaltige Investitionen mit ökologischen oder sozialen Zielen.
Die Unterkategorie #1B Andere ökologische oder soziale Merkmale umfasst Investitionen, die auf ökologische oder soziale Merkmale ausgerichtet sind, aber nicht als nachhaltige Investitionen eingestuft werden.
Inwiefern werden durch den Einsatz von Derivaten die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht?
Wenn das einem Derivat zugrunde liegende Wertpapier im Einklang mit dem System für nachhaltiges Investieren von Fidelity gute ESG-Eigenschaften aufweist, darf das Derivat zur Feststellung des Teilfondsanteils berücksichtigt werden, der Umwelt- oder Sozialeigenschaften fördert.
In welchem Mindestmaß sind nachhaltige Investitionen mit einem Umweltziel mit der EU-Taxonomie konform?
Der Teilfonds investiert mindestens 0% in nachhaltige Anlagen mit einem Umweltziel, die mit der EU-Taxonomie konform sind.
Die Konformität der Anlagen des Teilfonds mit der EU-Taxonomie wird nicht durch Wirtschaftsprüfer oder mittels einer Überprüfung durch Dritte sichergestellt.
Die Ausrichtung der zugrunde liegenden Anlagen des Teilfonds an der EU-Taxonomie wird anhand des Umsatzes gemessen.
Investiert das Finanzprodukt in Aktivitäten im Zusammenhang mit fossilem Gas und/oder Kernenergie, die der EU-Taxonomie¹ entsprechen?
- JaNein
- In fossiles Gas	In KernenergieWie hoch ist der Mindestanteil der Investitionen in Übergangstätigkeiten und ermöglichende Tätigkeiten?

Der Teilfonds investiert mindestens 0% in Übergangstätigkeiten und ermöglichende Tätigkeiten.
Wie hoch ist der Mindestanteil nachhaltiger Investitionen mit einem Umweltziel, die nicht mit der EU-Taxonomie konform sind?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Umweltziel, das nicht an der EU-Taxonomie orientiert ist.
Die Anlagen können zwar an der EU-Taxonomie ausgerichtet sein, aber der Investmentmanager ist derzeit nicht in der Lage, den genauen Anteil der Anlagen des Teilfonds anzugeben, die die EU-Kriterien für ökologisch nachhaltiges Wirtschaften berücksichtigen. Die Position wird jedoch weiterhin überprüft, wenn die zugrunde liegenden Regeln festgelegt sind und im Laufe der Zeit mehr zuverlässige Daten zur Verfügung stehen.
¹ Tätigkeiten im Bereich fossiles Gas und/oder Kernenergie sind nur dann EU-taxonomiekonform, wenn sie zur Eindämmung des Klimawandels („Klimaschutz“) beitragen und kein Ziel der EU-Taxonomie erheblich beeinträchtigen – siehe Erläuterung am linken Rand. Die vollständigen Kriterien für EU-taxonomiekonforme Wirtschaftstätigkeiten im Bereich fossiles Gas und Kernenergie sind in der Delegierten Verordnung (EU) 2022/1214 der Kommission festgelegt.
Wie hoch ist der Mindestanteil der sozial nachhaltigen Investitionen?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Sozialziel.
Welche Investitionen fallen unter ,,#2 Andere Investitionen", welcher Anlagezweck wird mit ihnen verfolgt und gibt es einen ökologischen oder sozialen Mindestschutz?
Die verbleibenden Anlagen des Teilfonds erfolgen in Instrumenten, die zum Finanzziel des Teilfonds passen, und für Liquiditätszwecke in liquiden Mitteln und liquiden Mitteln gleichstehenden Mitteln sowie in Derivaten, die als Anlagen und für eine effiziente Portfolioverwaltung eingesetzt werden können.
Zur Gewährleistung eines Mindestmaßes an Umwelt- und Sozialabsicherungen wendet der Teilfonds die Ausschlusskriterien an.

###### Wurde ein Index als Referenzwert bestimmt, um festzustellen, ob dieses Finanzprodukt auf die beworbenen ökologischen und/oder sozialen Merkmale ausgerichtet ist?
Es wird kein bestimmter Index als Referenzbenchmark angegeben, um festzustellen, ob dieses Finanzprodukt zu den geförderten Umwelt- oder Sozialeigenschaften passt.
Bei den Referenzwerten handelt es sich um Indizes, mit denen gemessen wird, ob das Finanzprodukt die beworbenen ökologischen oder sozialen Merkmale erreicht.
Inwiefern ist der Referenzwert kontinuierlich auf die mit dem Finanzprodukt beworbenen ökologischen und sozialen Merkmale ausgerichtet?
Diese Frage ist hier nicht relevant.
Wie wird die kontinuierliche Ausrichtung der Anlagestrategie auf die Indexmethode sichergestellt?
Diese Frage ist hier nicht relevant.
Wie unterscheidet sich der bestimmte Index von einem relevanten breiten Marktindex?
Diese Frage ist hier nicht relevant.
Wo kann die Methode zur Berechnung des bestimmten Indexes eingesehen werden?
Diese Frage ist hier nicht relevant.

###### 	Wo kann ich im Internet weitere produktspezifische Informationen finden?
Weitere produktspezifische Informationen finden Sie auf der Website: https:/www.fidelity.lu/funds/factsheet/LU1060955314/tab-disclosure#SFDR-disclosure
Weitere Informationen zu den hier dargelegten Methoden finden Sie auf der Website: System fürnachhaltiges Investieren (fidelityinternational.com).
Vorvertragliche Informationen zu den in Artikel 8 Absätze 1, 2 und 2a der Verordnung (EU) 2019/2088 und Artikel 6 Absatz 1 der Verordnung (EU) 2020/852 genannten Finanzprodukten
Name des Produkts:	Unternehmenskennung (LEI- Code):
Fidelity Funds - Japan Value Fund	549300BQU6C0TTJ53P05

###### Ökologische und/oder soziale Merkmale
| Werden mit diesem Finanzprodukt nachhaltige Investitionen angestrebt? |
| --- |
|  | - Ja
 |  | Nein |
| - Es wird damit ein MindestanteiI an nachhaltigen Investitionen mit einem Umweltziel getätigt:%
	- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie als ökologisch nachhaltig einzustufen sind
	- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie nicht als ökologisch nachhaltig einzustufen sind

- Es wird damit ein Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel getätigt:%
 | Es werden damit ökologische/soziale Merkmale beworben und obwohl keine nachhaltigen Investitionen angestrebt werden, enthält es einen Mindestanteil von 10% an nachhaltigen Investitionen. - mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie als ökologisch nachhaltig einzustufen sindmit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie nicht als ökologisch nachhaltig einzustufen sindmit einem sozialen Ziel
- Es	werden		damit	ökologische/soziale Merkmale	beworben,		aber	keinenachhaltigen Investitionen getätigt.
 |

Welche ökologischen und/ oder sozialen Merkmale werden mit diesem Finanzprodukt beworben?
Mit Nachhaltigkeitsin- dikatoren wird gemessen, inwieweit die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht werden.
Der Teilfonds fördert Umwelt- und Sozialeigenschaften, indem er in Wertpapiere von Emittenten mit guten ESG-Eigenschaften investiert. Gute ESG-Eigenschaften werden anhand von ESG-Ratings ermittelt. ESG-Ratings berücksichtigen Umwelteigenschaften wie CO2-Intensität, CO2-Emissionen, Energieeffizienz, Wasser- und Abfallmanagement und Biodiversität sowie Sozialeigenschaften wie Produktsicherheit, Lieferkette, Gesundheit und Sicherheit sowie Menschenrechte.
Der Teilfonds ist in gewissem Maße bestrebt, nachhaltige Anlagen zu tätigen.
Es wird keine Referenzbenchmark festgelegt, um die geförderten Umwelt- und Sozialeigenschaften zu erreichen.
einzelnen ökologischen oder sozialen Merkmale, die durch dieses Finanzprodukt beworben werden, herangezogen?
Der Teilfonds verwendet die folgenden Nachhaltigkeitsindikatoren, um die Ausprägung der von ihm geförderten Umwelt- oder Sozialeigenschaften zu messen:
- der  Prozentsatz des Teilfonds, der in Wertpapieren von Emittenten mit guten ESG-Eigenschaften im Einklang mit dem System für nachhaltiges Investieren von Fidelity investiert ist;
- in Bezug auf seine Direktanlagen in Unternehmen als Emittenten der Prozentsatz des Teilfonds, der in Wertpapiere von Emittenten investiert ist, auf die Ausschlusskriterien (wie unten definiert) zutreffen;
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen investiert ist; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel bei Wirtschaftsaktivitäten investiert ist, die gemäß der EU-Taxonomie nicht als ökologisch nachhaltig gelten; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel investiert ist.

Welches sind die Ziele der nachhaltigen Investitionen, die mit dem
Finanzprodukt teilweise getätigt werden sollen, und wie trägt die nachhaltige Investition zu diesen Zielen bei?
Der Teilfonds ermittelt wie folgt, ob eine Anlage nachhaltig ist:
- Emittenten, die wirtschaftliche Tätigkeiten ausüben, die zu einem oder mehreren der in der EU-Taxonomie festgelegten Umweltziele beitragen und gemäß der EU-Taxonomie als ökologisch nachhaltig gelten; oder
- Emittenten, bei denen der Großteil ihrer Geschäftstätigkeit (mehr als 50% des Umsatzes) zu ökologischen oder sozialen Zielen beiträgt, die mit einem oder mehreren der Ziele der Vereinten Nationen für nachhaltige Entwicklung („SDG“) in Einklang stehen; oder
- Emittenten, die ein Dekarbonisierungsziel festgelegt haben, das mit einem Temperaturanstiegsszenario mit 1,5 Grad oder weniger vereinbar ist (überprüft durch die Science Based Target Initiative oder ein Fidelity Proprietary Climate Rating), das als Beitrag zu Umweltzielen angesehen wird;sofern sie keinen wesentlichen Schaden anrichten, Mindestabsicherungen bieten und gute Governance-Kriterien aufweisen.

teilweise getätigt werden sollen, keinem der ökologischen oder sozialen nachhaltigen Anlageziele erheblich schaden?
Nachhaltige Anlagen werden auf ihre Beteiligung an Aktivitäten überprüft, die erheblichen Schaden und Kontroversen verursachen, und durch eine Kontrolle bewertet, ob der Emittent Mindestabsicherungen und -standards hinsichtlich der wichtigsten nachteiligen Auswirkungen (PAI) sowie die Leistung bei den PAI-Kennzahlen umsetzt bzw. erfüllt. Dazu gehören:
- Normenbasierte Filterkriterien – das Filtern von Wertpapieren, die gemäß den bestehenden (unten beschriebenen) normenbasierten Filterkriterien von Fidelity ermittelt wurden, anhand von:
- aktivitätsbasierten Filterkriterien – das Filtern von Emittenten auf der Grundlage ihrer Beteiligung an Aktivitäten mit erheblichen negativen Auswirkungen auf die Gesellschaft oder die Umwelt, darunter Emittenten, bei denen aufgrund der Filterkriterien für Kontroversen eine„sehr gravierende“ Kontroverse vorliegt, die im Bereich
- Umwelt,
- Menschenrechte und Gemeinschaften,
- Arbeitnehmerrechte und Lieferkette,
- Kunden,
- Governance angesiedelt ist; und anhand von
	- PAI-Indikatoren. Quantitative Daten (sofern verfügbar) zu PAI-Indikatoren werden verwendet, um zu bewerten, ob ein Emittent an Aktivitäten beteiligt ist, die einem Umwelt- oder Sozialziel erheblichen Schaden zufügen.


Bei den wichtigsten nachteiligen Auswirkungen handelt es sich um die bedeutendsten nachteiligen Auswirkungen von Investitionsentscheidun- gen auf NachhaItigkeitsfaktoren in den Bereichen Umwelt, Soziales und Beschäftigung, Achtung der Menschenrechte und Bekämpfung von Korruption und Bestechung.
Wie wurden die Indikatoren für nachteilige Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Für nachhaltige Anlagen, wie oben beschrieben, führt Fidelity eine quantitative Bewertung durch, um Emittenten mit einer problematischen Leistung bei PAI-Indikatoren zu ermitteln. Emittenten mit einer niedrigen Punktzahl kommen nur dann für „nachhaltige Anlagen“ infrage, wenn die Fundamentalresearch von Fidelity feststellt, dass der Emittent nicht gegen die Anforderungen verstößt, „keinen wesentlichen Schaden anrichtet“ oder sich auf einem guten Weg befindet, um die nachteiligen Auswirkungen durch effektives Management oder einen Übergang abzumildern.
Wie stehen die nachhaltigen Investitionen mit den OECD-Leitsätzen für multinationale Unternehmen und den Leitprinzipien der Vereinten Nationen für Wirtschaft und
Menschenrechte in Einklang? Nähere Angaben:
Es werden normenbasierte Filterkriterien angewendet: Emittenten, bei denen festgestellt wurde, dass sie sich nicht in einer Weise verhalten, die ihrer grundlegenden Verantwortung in den Bereichen Menschenrechte, Arbeit, Umwelt und Korruptionsbekämpfung im Einklang mit internationalen Normen gerecht wird, darunter denjenigen, die in den OECD-Leitsätzen für multinationale Unternehmen, den Leitprinzipien der Vereinten Nationen für Wirtschaft und Menschenrechte, dem UN Global Compact (UNGC) und den IAO-Standards der Internationalen Arbeitsorganisation (ILO) festgelegt sind, kommen für nachhaltige Investitionen nicht infrage.
In der EU-Taxonomie ist der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" festgelegt, nach dem taxonomiekonforme Investitionen die Ziele der EU-Taxonomie nicht erheblich beeinträchtigen dürfen, und es sind spezifische EU-Kriterien beigefügt. Der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" findet nur bei denjenigen dem Finanzprodukt zugrunde liegenden Investitionen Anwendung, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten berücksichtigen. Die dem verbleibenden Teil dieses  Finanzprodukts zugrunde  liegenden Investitionen berücksichtigen nicht die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten. Alle anderen nachhaltigen Investitionen dürfen ökologische oder soziale Ziele ebenfalls nicht erheblich beeinträchtigen.

###### Werden bei diesem Finanzprodukt die wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Ja
- NeinDie wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren werden mit Hilfe einer Vielzahl von Instrumenten berücksichtigt und in Anlageentscheidungen einbezogen. Hierzu zählen:
- Due Diligence – Analyse, ob die wichtigsten nachteiligen Auswirkungen (PAI) wesentlich und negativ sind.
- ESG-Rating – Fidelity bezieht sich auf ESG-Ratings, die wesentliche nachteilige Auswirkungen wie CO2-Emissionen, Mitarbeitersicherheit, Bestechung und Korruption sowie Wassermanagement berücksichtigen, und bei den von Staaten ausgegebenen Wertpapieren berücksichtigen die verwendeten Ratings wichtige nachteilige Auswirkungen (PAI) wie CO2-Emissionen, Sozialverstöße und die Meinungsfreiheit.
- Ausschlusskriterien – Bei Direktanlagen in Unternehmen als Emittenten wendet der Teilfonds die (unten definierten) Ausschlusskriterien an, um die wichtigsten nachteiligen Auswirkungen abzumildern. Dazu schließt er schädliche Sektoren aus und verbietet Investitionen in Emittenten, die gegen internationale Standards wie den UNGC verstoßen.
- Mitwirkung – Fidelity nutzt Mitwirkung als ein Instrument, um die wichtigsten nachteiligen Auswirkungen besser zu verstehen und sich unter bestimmten Umständen für die Abmilderung der wichtigsten nachteiligen Auswirkungen einzusetzen. Fidelity beteiligt sich an relevanten individuellen und kollaborativen Engagements, die auf eine Reihe von wichtigen negativen Auswirkungen abzielen (z. B. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Abstimmungsverhalten	 –	Die	Abstimmungsrichtlinie		von	Fidelity	legt	explizite Mindeststandards	für	die	Geschlechtervielfalt	in	den	Leitungsorganen		und		für	die Berücksichtigung des Klimawandels durch die Unternehmensemittenten fest. Fidelity kann auch auf eine Weise abstimmen, dass die wichtigsten nachteiligen Auswirkungen abgemildert werden.
- Vierteljährliche Überprüfungen – Überwachung der wichtigsten nachteiligen Auswirkungen (PAI) durch den vierteljährlichen Überprüfungsprozess des Teilfonds.

Wenn es um die Frage geht, ob Investitionen eine wesentliche nachteilige Auswirkung haben, berücksichtigt Fidelity für jeden Nachhaltigkeitsfaktor spezifische Indikatoren. Diese Indikatoren hängen von der Datenverfügbarkeit ab und können sich mit zunehmender Datenqualität und
-verfügbarkeit weiterentwickeln.
Informationen über die wichtigsten nachteiligen Auswirkungen werden im Jahresbericht des Teilfonds zur Verfügung gestellt.
Die Anlagestrategie dient aIs Richtschnur für Investitionsentscheidun- gen, wobei bestimmte Kriterien wie beispielsweise Investitionsziele oder Risikotoleranz
berücksichtigt werden.
Mindestens 50% des Nettovermögens des Teilfonds werden in Wertpapiere investiert, die gute ESG-Eigenschaften aufweisen.
Ob ESG-Eigenschaften gut sind, wird anhand von ESG-Ratings externer Agenturen und von Fidelity ESG-Ratings ermittelt.
Innerhalb dieses Anlageuniversums wählt der Investmentmanager Aktien mit Hilfe rigoroser Bottom-up-Finanzanalysen und -bewertungen aus, Aktien mit einem Potenzial für hohe Anlagerenditen auszuwählen.
In Bezug auf seine Direktanlagen in Unternehmensemittenten berücksichtigt der Teilfonds:
- eine unternehmensweite Ausschlussliste, die Streumunition und Antipersonenlandminen umfasst; und
- eine normenbasierte Filterung von Emittenten, die nach Ansicht des Investmentmanagers ihre Geschäfte nicht in Übereinstimmung mit internationalen Normen, darunter den im UNGC festgelegten, durchgeführt haben.

Die oben genannten Ausschluss- und Filterkriterien (die „Ausschlusskriterien“) werden möglicherweise von Zeit zu Zeit aktualisiert. Weitere Informationen erhalten Sie auf der Website Sustainable investing framework (fidelityinternational.com).
Es steht zudem im Ermessen des Investmentmanagers, von Zeit zu Zeit erweiterte, strengere Nachhaltigkeitsanforderungen und Ausschlusskriterien anzuwenden.
Worin bestehen die verbindlichen Elemente der Anlagestrategie, die für die Auswahl der Investitionen zur Erfüllung der beworbenen ökologischen oder sozialen Ziele verwendet werden?
Der Teilfonds investiert:
- mindestens  50%  seines  Vermögens in Wertpapiere von Emittenten mit guten ESG-Eigenschaften,
- mindestens 10% in nachhaltige Anlagen, von denen mindestens 0% ein Umweltziel aufweisen, das sich an der EU-Taxonomie orientiert, mindestens 1% ein Umweltziel, das sich nicht an der EU-Taxonomie orientiert, und mindestens 1% ein Sozialziel verfolgen.

Darüber hinaus wird der Teilfonds die oben beschriebenen Ausschlusskriterien systematisch anwenden.
Um welchen Mindestsatz wird der Umfang der vor der Anwendung dieser Anlagestrategie in Betracht gezogenen Investitionen reduziert?
Diese Frage ist hier nicht relevant.
Die Verfahrensweisen einer guten
Unternehmensführung umfassen solide Managementstrukturen, die Beziehungen zu den Arbeitnehmern, die Vergütung von Mitarbeitern sowie die Einhaltung der Steuervorschriften.
Wie werden die Verfahrensweisen einer guten Unternehmensführung der Unternehmen, in die investiert wird, bewertet?
Die Governance-Praktiken der Emittenten werden anhand von Fundamentalresearch bewertet, die Fidelity ESG-Ratings sowie Daten zu Kontroversen und Verstößen gegen den UN Global Compact berücksichtigt.
Zu den wichtigsten Punkten, die analysiert werden, gehören unter anderem die Erfolgsbilanz der Kapitalallokation, die finanzielle Transparenz, Transaktionen mit nahestehenden Parteien, die Unabhängigkeit und Größe des Vorstands, die Vergütung der Führungskräfte, die Abschlussprüfer und die interne Aufsicht sowie die Rechte der Minderheitsanteilinhaber.
Die Vermögensallokation gibt den jeweiligen Anteil der Investitionen in bestimmte Vermögenswerte an.
Taxonomiekonforme Tätigkeiten, ausgedrückt durch den Anteil der:
- Umsatzerlöse, die den Anteil der Einnahmen aus umweltfreundlichenAktivitäten der Unternehmen, in die investiert wird, widerspiegeln
- Investitionsausgaben (CapEx), die die umweltfreundlichen Investitionen der Unternehmen, in die investiert wird, aufzeigen,z.B. für den Übergang zu einer grünen Wirtschaft- Betriebsausgaben (OpEx), die die umweltfreundlichenbetrieblichen Aktivitäten der Unternehmen, in die investiert wird, widerspiegeln(#1 Ausgerichtet an E/S-Eigenschaften) Der Teilfonds investiert nach Möglichkeit:
- mindestens 50% seines	Vermögens	in	Wertpapiere	von	Emittenten	mit	guten ESG-Eigenschaften,
- mindestens 10% in	nachhaltige	(#1A	nachhaltig)	Anlagen,	von	denen mindestens 0% ein Umweltziel verfolgen (das an der EU-Taxonomie ausgerichtet ist), mindestens 1% ein Umweltziel haben (das nicht an der EU-Taxonomie ausgerichtet ist) und mindestens 1% ein Sozialziel haben. Die übrigen nachhaltigen Anlagen des Teilfonds können ein Umwelt- oder Sozialziel verfolgen.

Sonstige Umweltziele 1%
(#1B Sonstige E/S-Eigenschaften) Umfasst Wertpapiere von Emittenten mit guten ESG-Eigenschaften, die aber keine nachhaltigen Anlagen sind.
#1A Nachhaltige
Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale
50%
Investitionen 10%
#1B Andere ökologische oder soziale Merkmale
Soziales 1%
#2 Andere Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst Investitionen des Finanzprodukts, die zur Erreichung der beworbenen ökologischen oder sozialen Merkmale getätigt wurden.
#2 Andere Investitionen umfasst die übrigen Investitionen des Finanzprodukts, die weder auf ökologische oder soziale Merkmale ausgerichtet sind noch als nachhaltige Investitionen eingestuft werden.
Die Kategorie #1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst folgende Unterkategorien:
Die Unterkategorie #1A Nachhaltige Investitionen umfasst nachhaltige Investitionen mit ökologischen oder sozialen Zielen.
Die Unterkategorie #1B Andere ökologische oder soziale Merkmale umfasst Investitionen, die auf ökologische oder soziale Merkmale ausgerichtet sind, aber nicht als nachhaltige Investitionen eingestuft werden.
Inwiefern werden durch den Einsatz von Derivaten die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht?
Wenn das einem Derivat zugrunde liegende Wertpapier im Einklang mit dem System für nachhaltiges Investieren von Fidelity gute ESG-Eigenschaften aufweist, darf das Derivat zur Feststellung des Teilfondsanteils berücksichtigt werden, der Umwelt- oder Sozialeigenschaften fördert.
In welchem Mindestmaß sind nachhaltige Investitionen mit einem Umweltziel mit der EU-Taxonomie konform?
Der Teilfonds investiert mindestens 0% in nachhaltige Anlagen mit einem Umweltziel, die mit der EU-Taxonomie konform sind.
Die Konformität der Anlagen des Teilfonds mit der EU-Taxonomie wird nicht durch Wirtschaftsprüfer oder mittels einer Überprüfung durch Dritte sichergestellt.
Die Ausrichtung der zugrunde liegenden Anlagen des Teilfonds an der EU-Taxonomie wird anhand des Umsatzes gemessen.
Investiert das Finanzprodukt in Aktivitäten im Zusammenhang mit fossilem Gas und/oder Kernenergie, die der EU-Taxonomie¹ entsprechen?
- JaNein
- In fossiles Gas	In KernenergieWie hoch ist der Mindestanteil der Investitionen in Übergangstätigkeiten und ermöglichende Tätigkeiten?

Der Teilfonds investiert mindestens 0% in Übergangstätigkeiten und ermöglichende Tätigkeiten.
Wie hoch ist der Mindestanteil nachhaltiger Investitionen mit einem Umweltziel, die nicht mit der EU-Taxonomie konform sind?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Umweltziel, das nicht an der EU-Taxonomie orientiert ist.
Die Anlagen können zwar an der EU-Taxonomie ausgerichtet sein, aber der Investmentmanager ist derzeit nicht in der Lage, den genauen Anteil der Anlagen des Teilfonds anzugeben, die die EU-Kriterien für ökologisch nachhaltiges Wirtschaften berücksichtigen. Die Position wird jedoch weiterhin überprüft, wenn die zugrunde liegenden Regeln festgelegt sind und im Laufe der Zeit mehr zuverlässige Daten zur Verfügung stehen.
¹ Tätigkeiten im Bereich fossiles Gas und/oder Kernenergie sind nur dann EU-taxonomiekonform, wenn sie zur Eindämmung des Klimawandels („Klimaschutz“) beitragen und kein Ziel der EU-Taxonomie erheblich beeinträchtigen – siehe Erläuterung am linken Rand. Die vollständigen Kriterien für EU-taxonomiekonforme Wirtschaftstätigkeiten im Bereich fossiles Gas und Kernenergie sind in der Delegierten Verordnung (EU) 2022/1214 der Kommission festgelegt.
Wie hoch ist der Mindestanteil der sozial nachhaltigen Investitionen?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Sozialziel.
Welche Investitionen fallen unter ,,#2 Andere Investitionen", welcher Anlagezweck wird mit ihnen verfolgt und gibt es einen ökologischen oder sozialen Mindestschutz?
Die verbleibenden Anlagen des Teilfonds erfolgen in Instrumenten, die zum Finanzziel des Teilfonds passen, und für Liquiditätszwecke in liquiden Mitteln und liquiden Mitteln gleichstehenden Mitteln sowie in Derivaten, die als Anlagen und für eine effiziente Portfolioverwaltung eingesetzt werden können.
Zur Gewährleistung eines Mindestmaßes an Umwelt- und Sozialabsicherungen wendet der Teilfonds die Ausschlusskriterien an.

###### Wurde ein Index als Referenzwert bestimmt, um festzustellen, ob dieses Finanzprodukt auf die beworbenen ökologischen und/oder sozialen Merkmale ausgerichtet ist?
Es wird kein bestimmter Index als Referenzbenchmark angegeben, um festzustellen, ob dieses Finanzprodukt zu den geförderten Umwelt- oder Sozialeigenschaften passt.
Bei den Referenzwerten handelt es sich um Indizes, mit denen gemessen wird, ob das Finanzprodukt die beworbenen ökologischen oder sozialen Merkmale erreicht.
Inwiefern ist der Referenzwert kontinuierlich auf die mit dem Finanzprodukt beworbenen ökologischen und sozialen Merkmale ausgerichtet?
Diese Frage ist hier nicht relevant.
Wie wird die kontinuierliche Ausrichtung der Anlagestrategie auf die Indexmethode sichergestellt?
Diese Frage ist hier nicht relevant.
Wie unterscheidet sich der bestimmte Index von einem relevanten breiten Marktindex?
Diese Frage ist hier nicht relevant.
Wo kann die Methode zur Berechnung des bestimmten Indexes eingesehen werden?
Diese Frage ist hier nicht relevant.

###### 	Wo kann ich im Internet weitere produktspezifische Informationen finden?
Weitere produktspezifische Informationen finden Sie auf der Website: https:/www.fidelity.lu/funds/factsheet/LU0413543058/tab-disclosure#SFDR-disclosure
Weitere Informationen zu den hier dargelegten Methoden finden Sie auf der Website: System fürnachhaltiges Investieren (fidelityinternational.com).
Vorvertragliche Informationen zu den in Artikel 8 Absätze 1, 2 und 2a der Verordnung (EU) 2019/2088 und Artikel 6 Absatz 1 der Verordnung (EU) 2020/852 genannten Finanzprodukten
Name des Produkts:	Unternehmenskennung (LEI- Code):
Fidelity Funds - Pacific Fund	549300VW1XD85M3GUB26

###### Ökologische und/oder soziale Merkmale
| Werden mit diesem Finanzprodukt nachhaltige Investitionen angestrebt? |
| --- |
|  | - Ja
 |  | Nein |
| - Es wird damit ein MindestanteiI an nachhaltigen Investitionen mit einem Umweltziel getätigt:%
	- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie als ökologisch nachhaltig einzustufen sind
	- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie nicht als ökologisch nachhaltig einzustufen sind

- Es wird damit ein Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel getätigt:%
 | Es werden damit ökologische/soziale Merkmale beworben und obwohl keine nachhaltigen Investitionen angestrebt werden, enthält es einen Mindestanteil von 5% an nachhaltigen Investitionen. - mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie als ökologisch nachhaltig einzustufen sindmit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie nicht als ökologisch nachhaltig einzustufen sindmit einem sozialen Ziel
- Es	werden		damit	ökologische/soziale Merkmale	beworben,		aber	keinenachhaltigen Investitionen getätigt.
 |

Welche ökologischen und/ oder sozialen Merkmale werden mit diesem Finanzprodukt beworben?
Mit Nachhaltigkeitsin- dikatoren wird gemessen, inwieweit die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht werden.
Der Teilfonds fördert Umwelt- und Sozialeigenschaften, indem er in Wertpapiere von Emittenten mit guten ESG-Eigenschaften investiert. Gute ESG-Eigenschaften werden anhand von ESG-Ratings ermittelt. ESG-Ratings berücksichtigen Umwelteigenschaften wie CO2-Intensität, CO2-Emissionen, Energieeffizienz, Wasser- und Abfallmanagement und Biodiversität sowie Sozialeigenschaften wie Produktsicherheit, Lieferkette, Gesundheit und Sicherheit sowie Menschenrechte.
Der Teilfonds ist in gewissem Maße bestrebt, nachhaltige Anlagen zu tätigen.
Es wird keine Referenzbenchmark festgelegt, um die geförderten Umwelt- und Sozialeigenschaften zu erreichen.
einzelnen ökologischen oder sozialen Merkmale, die durch dieses Finanzprodukt beworben werden, herangezogen?
Der Teilfonds verwendet die folgenden Nachhaltigkeitsindikatoren, um die Ausprägung der von ihm geförderten Umwelt- oder Sozialeigenschaften zu messen:
- der  Prozentsatz des Teilfonds, der in Wertpapieren von Emittenten mit guten ESG-Eigenschaften im Einklang mit dem System für nachhaltiges Investieren von Fidelity investiert ist;
- in Bezug auf seine Direktanlagen in Unternehmen als Emittenten der Prozentsatz des Teilfonds, der in Wertpapiere von Emittenten investiert ist, auf die Ausschlusskriterien (wie unten definiert) zutreffen;
- der Prozentsatz des Teilfonds, der in nachhaltige Anlagen investiert ist; und
- der Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Umweltziel bei Wirtschaftsaktivitäten investiert ist, die gemäß der EU-Taxonomie nicht als ökologisch nachhaltig gelten; und
- der Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel investiert ist.

Welches sind die Ziele der nachhaltigen Investitionen, die mit dem
Finanzprodukt teilweise getätigt werden sollen, und wie trägt die nachhaltige Investition zu diesen Zielen bei?
Der Teilfonds ermittelt wie folgt, ob eine Anlage nachhaltig ist:
- Emittenten, die wirtschaftliche Tätigkeiten ausüben, die zu einem oder mehreren der in der EU-Taxonomie festgelegten Umweltziele beitragen und gemäß der EU-Taxonomie als ökologisch nachhaltig gelten; oder
- Emittenten, bei denen der Großteil ihrer Geschäftstätigkeit (mehr als 50% des Umsatzes) zu ökologischen oder sozialen Zielen beiträgt, die mit einem oder mehreren der Ziele der Vereinten Nationen für nachhaltige Entwicklung („SDG“) in Einklang stehen; oder
- Emittenten, die ein Dekarbonisierungsziel festgelegt haben, das mit einem Temperaturanstiegsszenario mit 1,5 Grad oder weniger vereinbar ist (überprüft durch die Science Based Target Initiative oder ein Fidelity Proprietary Climate Rating), das als Beitrag zu Umweltzielen angesehen wird;sofern sie keinen wesentlichen Schaden anrichten, Mindestabsicherungen bieten und gute Governance-Kriterien aufweisen.

teilweise getätigt werden sollen, keinem der ökologischen oder sozialen nachhaltigen Anlageziele erheblich schaden?
Nachhaltige Anlagen werden auf ihre Beteiligung an Aktivitäten überprüft, die erheblichen Schaden und Kontroversen verursachen, und durch eine Kontrolle bewertet, ob der Emittent Mindestabsicherungen und -standards hinsichtlich der wichtigsten nachteiligen Auswirkungen (PAI) sowie die Leistung bei den PAI-Kennzahlen umsetzt bzw. erfüllt. Dazu gehören:
- Normenbasierte Filterkriterien – das Filtern von Wertpapieren, die gemäß den bestehenden (unten beschriebenen) normenbasierten Filterkriterien von Fidelity ermittelt wurden, anhand von:
- aktivitätsbasierten Filterkriterien – das Filtern von Emittenten auf der Grundlage ihrer Beteiligung an Aktivitäten mit erheblichen negativen Auswirkungen auf die Gesellschaft oder die Umwelt, darunter Emittenten, bei denen aufgrund der Filterkriterien für Kontroversen eine„sehr gravierende“ Kontroverse vorliegt, die im Bereich
- Umwelt,
- Menschenrechte und Gemeinschaften,
- Arbeitnehmerrechte und Lieferkette,
- Kunden,
- Governance angesiedelt ist; und anhand von
	- PAI-Indikatoren. Quantitative Daten (sofern verfügbar) zu PAI-Indikatoren werden verwendet, um zu bewerten, ob ein Emittent an Aktivitäten beteiligt ist, die einem Umwelt- oder Sozialziel erheblichen Schaden zufügen.


Bei den wichtigsten nachteiligen Auswirkungen handelt es sich um die bedeutendsten nachteiligen Auswirkungen von Investitionsentscheidun- gen auf NachhaItigkeitsfaktoren in den Bereichen Umwelt, Soziales und Beschäftigung, Achtung der Menschenrechte und Bekämpfung von Korruption und Bestechung.
Wie wurden die Indikatoren für nachteilige Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Für nachhaltige Anlagen, wie oben beschrieben, führt Fidelity eine quantitative Bewertung durch, um Emittenten mit einer problematischen Leistung bei PAI-Indikatoren zu ermitteln. Emittenten mit einer niedrigen Punktzahl kommen nur dann für „nachhaltige Anlagen“ infrage, wenn die Fundamentalresearch von Fidelity feststellt, dass der Emittent nicht gegen die Anforderungen verstößt, „keinen wesentlichen Schaden anrichtet“ oder sich auf einem guten Weg befindet, um die nachteiligen Auswirkungen durch effektives Management oder einen Übergang abzumildern.
Wie stehen die nachhaltigen Investitionen mit den OECD-Leitsätzen für multinationale Unternehmen und den Leitprinzipien der Vereinten Nationen für Wirtschaft und
Menschenrechte in Einklang? Nähere Angaben:
Es werden normenbasierte Filterkriterien angewendet: Emittenten, bei denen festgestellt wurde, dass sie sich nicht in einer Weise verhalten, die ihrer grundlegenden Verantwortung in den Bereichen Menschenrechte, Arbeit, Umwelt und Korruptionsbekämpfung im Einklang mit internationalen Normen gerecht wird, darunter denjenigen, die in den OECD-Leitsätzen für multinationale Unternehmen, den Leitprinzipien der Vereinten Nationen für Wirtschaft und Menschenrechte, dem UN Global Compact (UNGC) und den IAO-Standards der Internationalen Arbeitsorganisation (ILO) festgelegt sind, kommen für nachhaltige Investitionen nicht infrage.
In der EU-Taxonomie ist der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" festgelegt, nach dem taxonomiekonforme Investitionen die Ziele der EU-Taxonomie nicht erheblich beeinträchtigen dürfen, und es sind spezifische EU-Kriterien beigefügt. Der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" findet nur bei denjenigen dem Finanzprodukt zugrunde liegenden Investitionen Anwendung, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten berücksichtigen. Die dem verbleibenden Teil dieses  Finanzprodukts zugrunde  liegenden Investitionen berücksichtigen nicht die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten. Alle anderen nachhaltigen Investitionen dürfen ökologische oder soziale Ziele ebenfalls nicht erheblich beeinträchtigen.

###### Werden bei diesem Finanzprodukt die wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Ja
- NeinDie wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren werden mit Hilfe einer Vielzahl von Instrumenten berücksichtigt und in Anlageentscheidungen einbezogen. Hierzu zählen:
- Due Diligence – Analyse, ob die wichtigsten nachteiligen Auswirkungen (PAI) wesentlich und negativ sind.
- ESG-Rating – Fidelity bezieht sich auf ESG-Ratings, die wesentliche nachteilige Auswirkungen wie CO2-Emissionen, Mitarbeitersicherheit, Bestechung und Korruption sowie Wassermanagement berücksichtigen, und bei den von Staaten ausgegebenen Wertpapieren berücksichtigen die verwendeten Ratings wichtige nachteilige Auswirkungen (PAI) wie CO2-Emissionen, Sozialverstöße und die Meinungsfreiheit.
- Ausschlusskriterien – Bei Direktanlagen in Unternehmen als Emittenten wendet der Teilfonds die (unten definierten) Ausschlusskriterien an, um die wichtigsten nachteiligen Auswirkungen abzumildern. Dazu schließt er schädliche Sektoren aus und verbietet Investitionen in Emittenten, die gegen internationale Standards wie den UNGC verstoßen.
- Mitwirkung – Fidelity nutzt Mitwirkung als ein Instrument, um die wichtigsten nachteiligen Auswirkungen besser zu verstehen und sich unter bestimmten Umständen für die Abmilderung der wichtigsten nachteiligen Auswirkungen einzusetzen. Fidelity beteiligt sich an relevanten individuellen und kollaborativen Arten der Mitwirkung, die auf eine Reihe von wichtigen negativen Auswirkungen abzielen (z. B. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Abstimmungsverhalten – Die Abstimmungspolitik von Fidelity umfasst bei Unternehmen als Emittenten explizite Mindeststandards für die Geschlechtervielfalt im Aufsichtsrat und die Auseinandersetzung mit dem Klimawandel. Fidelity kann auch auf eine Weise abstimmen, dass die wichtigsten nachteiligen Auswirkungen abgemildert werden.
- Vierteljährliche Überprüfungen – Überwachung der wichtigsten nachteiligen Auswirkungen (PAI) durch den vierteljährlichen Überprüfungsprozess des Teilfonds.

Wenn es um die Frage geht, ob Investitionen eine wesentliche nachteilige Auswirkung haben, berücksichtigt Fidelity für jeden Nachhaltigkeitsfaktor spezifische Indikatoren. Diese Indikatoren hängen von der Datenverfügbarkeit ab und können sich mit zunehmender Datenqualität und
-verfügbarkeit weiterentwickeln.
Informationen über die wichtigsten nachteiligen Auswirkungen werden im Jahresbericht des Teilfonds zur Verfügung gestellt.
Die Anlagestrategie dient aIs Richtschnur für Investitionsentscheidun- gen, wobei bestimmte Kriterien wie beispielsweise Investitionsziele oder Risikotoleranz
berücksichtigt werden.
Mindestens 50% des Nettovermögens des Teilfonds werden in Wertpapiere investiert, die gute ESG-Eigenschaften aufweisen.
Ob ESG-Eigenschaften gut sind, wird anhand von ESG-Ratings externer Agenturen und von Fidelity ESG-Ratings ermittelt.
Innerhalb dieses Anlageuniversums wählt der Investmentmanager Aktien mit Hilfe rigoroser Bottom-up-Finanzanalysen und -bewertungen aus, um Aktien mit einem Potenzial für hohe Anlagerenditen auszuwählen.
In Bezug auf seine Direktanlagen in Unternehmensemittenten berücksichtigt der Teilfonds:
- eine unternehmensweite Ausschlussliste, die Streumunition und Antipersonenlandminen umfasst; und
- eine normenbasierte Filterung von Emittenten, die nach Ansicht des Investmentmanagers ihre Geschäfte nicht in Übereinstimmung mit internationalen Normen, darunter den im UNGC festgelegten, durchgeführt haben.

Die oben genannten Ausschluss- und Filterkriterien (die „Ausschlusskriterien“) werden möglicherweise von Zeit zu Zeit aktualisiert. Weitere Informationen erhalten Sie auf der Website Sustainable investing framework (fidelityinternational.com).
Es steht zudem im Ermessen des Investmentmanagers, von Zeit zu Zeit erweiterte, strengere Nachhaltigkeitsanforderungen und Ausschlusskriterien anzuwenden.
Worin bestehen die verbindlichen Elemente der Anlagestrategie, die für die Auswahl der Investitionen zur Erfüllung der beworbenen ökologischen oder sozialen Ziele verwendet werden?
Der Teilfonds investiert:
- mindestens  50%  seines  Vermögens in Wertpapiere von Emittenten mit guten ESG-Eigenschaften,
- mindestens 5% in nachhaltige Anlagen, von denen mindestens 0% ein Umweltziel aufweisen, das sich an der EU-Taxonomie orientiert, mindestens 1% ein Umweltziel, das sich nicht an der EU-Taxonomie orientiert, und mindestens 1% ein Sozialziel verfolgen.

Darüber hinaus wird der Teilfonds die oben beschriebenen Ausschlusskriterien systematisch anwenden.
Um welchen Mindestsatz wird der Umfang der vor der Anwendung dieser Anlagestrategie in Betracht gezogenen Investitionen reduziert?
Diese Frage ist hier nicht relevant.
Die Verfahrensweisen einer guten
Unternehmensführung umfassen solide Managementstrukturen, die Beziehungen zu den Arbeitnehmern, die Vergütung von Mitarbeitern sowie die Einhaltung der Steuervorschriften.
Wie werden die Verfahrensweisen einer guten Unternehmensführung der Unternehmen, in die investiert wird, bewertet?
Die Governance-Praktiken der Emittenten werden anhand von Fundamentalresearch bewertet, die Fidelity ESG-Ratings sowie Daten zu Kontroversen und Verstößen gegen den UN Global Compact berücksichtigt.
Zu den wichtigsten Punkten, die analysiert werden, gehören unter anderem die Erfolgsbilanz der Kapitalallokation, die finanzielle Transparenz, Transaktionen mit nahestehenden Parteien, die Unabhängigkeit und Größe des Vorstands, die Vergütung der Führungskräfte, die Abschlussprüfer und die interne Aufsicht sowie die Rechte der Minderheitsanteilinhaber.
Die Vermögensallokation gibt den jeweiligen Anteil der Investitionen in bestimmte Vermögenswerte an.
Taxonomiekonforme Tätigkeiten, ausgedrückt durch den Anteil der:
- Umsatzerlöse, die den Anteil der Einnahmen aus umweltfreundlichenAktivitäten der Unternehmen, in die investiert wird, widerspiegeln
- Investitionsausgaben (CapEx), die die umweltfreundlichen Investitionen der Unternehmen, in die investiert wird, aufzeigen,z.B. für den Übergang zu einer grünen Wirtschaft- Betriebsausgaben (OpEx), die die umweltfreundlichenbetrieblichen Aktivitäten der Unternehmen, in die investiert wird, widerspiegeln(#1 Ausgerichtet an E/S-Eigenschaften) Der Teilfonds investiert nach Möglichkeit:
- mindestens 50% seines	Vermögens	in	Wertpapiere	von	Emittenten	mit	guten ESG-Eigenschaften,
- mindestens 5% seines Vermögens in nachhaltige (#1A nachhaltig) Anlagen, von denen mindestens 0% ein Umweltziel verfolgen (das an der EU-Taxonomie ausgerichtet ist), mindestens 1% ein Umweltziel haben (das nicht an der EU-Taxonomie ausgerichtet ist) und mindestens 1% ein Sozialziel haben. Die übrigen nachhaltigen Anlagen des Teilfonds können ein Umwelt- oder Sozialziel verfolgen.

Sonstige Umweltziele 1%
(#1B Sonstige E/S-Eigenschaften) Umfasst Wertpapiere von Emittenten mit guten ESG-Eigenschaften, die aber keine nachhaltigen Anlagen sind.
#1A Nachhaltige
Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale
50%
Investitionen 5%
#1B Andere ökologische oder soziale Merkmale
Soziales 1%
#2 Andere Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst Investitionen des Finanzprodukts, die zur Erreichung der beworbenen ökologischen oder sozialen Merkmale getätigt wurden.
#2 Andere Investitionen umfasst die übrigen Investitionen des Finanzprodukts, die weder auf ökologische oder soziale Merkmale ausgerichtet sind noch als nachhaltige Investitionen eingestuft werden.
Die Kategorie #1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst folgende Unterkategorien:
Die Unterkategorie #1A Nachhaltige Investitionen umfasst nachhaltige Investitionen mit ökologischen oder sozialen Zielen.
Die Unterkategorie #1B Andere ökologische oder soziale Merkmale umfasst Investitionen, die auf ökologische oder soziale Merkmale ausgerichtet sind, aber nicht als nachhaltige Investitionen eingestuft werden.
Inwiefern werden durch den Einsatz von Derivaten die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht?
Wenn das einem Derivat zugrunde liegende Wertpapier im Einklang mit dem System für nachhaltiges Investieren von Fidelity gute ESG-Eigenschaften aufweist, darf das Derivat zur Feststellung des Teilfondsanteils berücksichtigt werden, der Umwelt- oder Sozialeigenschaften fördert.
In welchem Mindestmaß sind nachhaltige Investitionen mit einem Umweltziel mit der EU-Taxonomie konform?
Der Teilfonds investiert mindestens 0% in nachhaltige Anlagen mit einem Umweltziel, die mit der EU-Taxonomie konform sind.
Die Konformität der Anlagen des Teilfonds mit der EU-Taxonomie wird nicht durch Wirtschaftsprüfer oder mittels einer Überprüfung durch Dritte sichergestellt.
Die Ausrichtung der zugrunde liegenden Anlagen des Teilfonds an der EU-Taxonomie wird anhand des Umsatzes gemessen.
Investiert das Finanzprodukt in Aktivitäten im Zusammenhang mit fossilem Gas und/oder Kernenergie, die der EU-Taxonomie¹ entsprechen?
- JaNein
- In fossiles Gas	In KernenergieWie hoch ist der Mindestanteil der Investitionen in Übergangstätigkeiten und ermöglichende Tätigkeiten?

Der Teilfonds investiert mindestens 0% in Übergangstätigkeiten und ermöglichende Tätigkeiten.
Wie hoch ist der Mindestanteil nachhaltiger Investitionen mit einem Umweltziel, die nicht mit der EU-Taxonomie konform sind?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Umweltziel, das nicht mit der EU-Taxonomie konform ist.
Die Anlagen können zwar mit der EU-Taxonomie konform sein, aber der Investmentmanager ist derzeit nicht in der Lage, den genauen Anteil der Anlagen des Teilfonds anzugeben, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftstätigkeiten berücksichtigen. Die Position wird jedoch weiterhin überprüft, wenn die zugrunde liegenden Regeln festgelegt sind und im Laufe der Zeit mehr zuverlässige Daten zur Verfügung stehen.
¹ Tätigkeiten im Bereich fossiles Gas und/oder Kernenergie sind nur dann EU-taxonomiekonform, wenn sie zur Eindämmung des Klimawandels („Klimaschutz“) beitragen und kein Ziel der EU-Taxonomie erheblich beeinträchtigen – siehe Erläuterung am linken Rand. Die vollständigen Kriterien für EU-taxonomiekonforme Wirtschaftstätigkeiten im Bereich fossiles Gas und Kernenergie sind in der Delegierten Verordnung (EU) 2022/1214 der Kommission festgelegt.
Wie hoch ist der Mindestanteil der sozial nachhaltigen Investitionen?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Sozialziel.
Welche Investitionen fallen unter ,,#2 Andere Investitionen", welcher Anlagezweck wird mit ihnen verfolgt und gibt es einen ökologischen oder sozialen Mindestschutz?
Die verbleibenden Anlagen des Teilfonds erfolgen in Instrumenten, die zum Finanzziel des Teilfonds passen, und für Liquiditätszwecke in liquiden Mitteln und liquiden Mitteln gleichstehenden Mitteln sowie in Derivaten, die als Anlagen und für eine effiziente Portfolioverwaltung eingesetzt werden können.
Zur Gewährleistung eines Mindestmaßes an Umwelt- und Sozialabsicherungen wendet der Teilfonds die Ausschlusskriterien an.

###### Wurde ein Index als Referenzwert bestimmt, um festzustellen, ob dieses Finanzprodukt auf die beworbenen ökologischen und/oder sozialen Merkmale ausgerichtet ist?
Es wird kein bestimmter Index als Referenzbenchmark angegeben, um festzustellen, ob dieses Finanzprodukt zu den geförderten Umwelt- oder Sozialeigenschaften passt.
Bei den Referenzwerten handelt es sich um Indizes, mit denen gemessen wird, ob das Finanzprodukt die beworbenen ökologischen oder sozialen Merkmale erreicht.
Inwiefern ist der Referenzwert kontinuierlich auf die mit dem Finanzprodukt beworbenen ökologischen und sozialen Merkmale ausgerichtet?
Diese Frage ist hier nicht relevant.
Wie wird die kontinuierliche Ausrichtung der Anlagestrategie auf die Indexmethode sichergestellt?
Diese Frage ist hier nicht relevant.
Wie unterscheidet sich der bestimmte Index von einem relevanten breiten Marktindex?
Diese Frage ist hier nicht relevant.
Wo kann die Methode zur Berechnung des bestimmten Indexes eingesehen werden?
Diese Frage ist hier nicht relevant.

###### 	Wo kann ich im Internet weitere produktspezifische Informationen finden?
Weitere produktspezifische Informationen finden Sie auf der Website: https:/www.fidelity.lu/funds/factsheet/LU0368678339/tab-disclosure#SFDR-disclosure. 
Weitere Informationen zu den hier dargelegten Methoden finden Sie auf der Website: System fürnachhaltiges Investieren (fidelityinternational.com).
Vorvertragliche Informationen zu den in Artikel 8 Absätze 1, 2 und 2a der Verordnung (EU) 2019/2088 und Artikel 6 Absatz 1 der Verordnung (EU) 2020/852 genannten Finanzprodukten
Name des Produkts:	Unternehmenskennung (LEI- Code):
Fidelity Funds - Sustainable Asia Equity Fund	549300XNOLBE172DCX03

###### Ökologische und/oder soziale Merkmale
| Werden mit diesem Finanzprodukt nachhaltige Investitionen angestrebt? |
| --- |
|  | - Ja
 |  | Nein |
| - Es wird damit ein MindestanteiI an nachhaltigen Investitionen mit einem Umweltziel getätigt:%
	- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie als ökologisch nachhaltig einzustufen sind
	- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie nicht als ökologisch nachhaltig einzustufen sind

- Es wird damit ein Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel getätigt:%
 | Es werden damit ökologische/soziale Merkmale beworben und obwohl keine nachhaltigen Investitionen angestrebt werden, enthält es einen Mindestanteil von 25% an nachhaltigen Investitionen. - mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie als ökologisch nachhaltig einzustufen sindmit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie nicht als ökologisch nachhaltig einzustufen sindmit einem sozialen Ziel
- Es	werden		damit	ökologische/soziale Merkmale	beworben,		aber	keinenachhaltigen Investitionen getätigt.
 |

Welche ökologischen und/ oder sozialen Merkmale werden mit diesem Finanzprodukt beworben?
Mit Nachhaltigkeitsin- dikatoren wird gemessen, inwieweit die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht werden.
Der Teilfonds fördert Umwelt- und Sozialeigenschaften, indem er in Wertpapiere von Emittenten mit guten ESG-Eigenschaften investiert. Gute ESG-Eigenschaften werden anhand von ESG-Ratings ermittelt. ESG-Ratings berücksichtigen Umwelteigenschaften wie CO2-Intensität, CO2-Emissionen, Energieeffizienz, Wasser- und Abfallmanagement und Biodiversität sowie Sozialeigenschaften wie Produktsicherheit, Lieferkette, Gesundheit und Sicherheit sowie Menschenrechte.
Der Teilfonds ist in gewissem Maße bestrebt, nachhaltige Anlagen zu tätigen.
Es wird keine Referenzbenchmark festgelegt, um die geförderten Umwelt- und Sozialeigenschaften zu erreichen.
einzelnen ökologischen oder sozialen Merkmale, die durch dieses Finanzprodukt beworben werden, herangezogen?
Der Teilfonds verwendet die folgenden Nachhaltigkeitsindikatoren, um die Ausprägung der von ihm geförderten Umwelt- oder Sozialeigenschaften zu messen:
- der  Prozentsatz des Teilfonds, der in Wertpapieren von Emittenten mit guten ESG-Eigenschaften im Einklang mit dem System für nachhaltiges Investieren von Fidelity investiert ist;
- in Bezug auf seine Direktanlagen der Prozentsatz des Teilfonds, der in Wertpapiere von Emittenten investiert ist, auf die Ausschlusskriterien (wie unten definiert) zutreffen;
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen investiert ist; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel bei Wirtschaftsaktivitäten investiert ist, die gemäß der EU-Taxonomie nicht als ökologisch nachhaltig gelten; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel investiert ist.

Welches sind die Ziele der nachhaltigen Investitionen, die mit dem
Finanzprodukt teilweise getätigt werden sollen, und wie trägt die nachhaltige Investition zu diesen Zielen bei?
Der Teilfonds ermittelt wie folgt, ob eine Anlage nachhaltig ist:
- Emittenten, die wirtschaftliche Tätigkeiten ausüben, die zu einem oder mehreren der in der EU-Taxonomie festgelegten Umweltziele beitragen und gemäß der EU-Taxonomie als ökologisch nachhaltig gelten; oder
- Emittenten, bei denen der Großteil ihrer Geschäftstätigkeit (mehr als 50% des Umsatzes) zu Umwelt- oder Sozialzielen beiträgt, die mit einem oder mehreren der Ziele der Vereinten Nationen für nachhaltige Entwicklung („SDG“) in Einklang stehen; oder
- Emittenten, die ein Dekarbonisierungsziel festgelegt haben, das mit einem Temperaturanstiegsszenario mit 1,5 Grad oder weniger vereinbar ist (überprüft durch die Science Based Target Initiative oder ein Fidelity Proprietary Climate Rating), das als Beitrag zu Umweltzielen angesehen wird;sofern sie keinen wesentlichen Schaden anrichten, Mindestabsicherungen bieten und gute Governance-Kriterien aufweisen.

teilweise getätigt werden sollen, keinem der ökologischen oder sozialen nachhaltigen Anlageziele erheblich schaden?
Nachhaltige Anlagen werden auf ihre Beteiligung an Aktivitäten überprüft, die erheblichen Schaden und Kontroversen verursachen, und durch eine Kontrolle bewertet, ob der Emittent Mindestabsicherungen und -standards hinsichtlich der wichtigsten nachteiligen Auswirkungen (PAI) sowie für die Leistung bei den PAI-Kennzahlen umsetzt bzw. erfüllt. Dazu gehören:
- Normenbasierte Filterkriterien – das Filtern von Wertpapieren, die gemäß den bestehenden (unten beschriebenen) normenbasierten Filterkriterien von Fidelity ermittelt wurden, anhand von:
- aktivitätsbasierten Filterkriterien – das Filtern von Emittenten auf der Grundlage ihrer Beteiligung an Aktivitäten mit erheblichen negativen Auswirkungen auf die Gesellschaft oder die Umwelt, darunter Emittenten, bei denen aufgrund der Filterkriterien für Kontroversen eine„sehr gravierende“ Kontroverse vorliegt, die im Bereich
- Umwelt,
- Menschenrechte und Gemeinschaften,
- Arbeitnehmerrechte und Lieferkette,
- Kunden,
- Governance angesiedelt ist; und anhand von
	- PAI-Indikatoren. Quantitative Daten (sofern verfügbar) zu PAI-Indikatoren werden verwendet, um zu bewerten, ob ein Emittent an Aktivitäten beteiligt ist, die einem Umwelt- oder Sozialziel erheblichen Schaden zufügen.


Bei den wichtigsten nachteiligen Auswirkungen handelt es sich um die bedeutendsten nachteiligen Auswirkungen von Investitionsentscheidun- gen auf NachhaItigkeitsfaktoren in den Bereichen Umwelt, Soziales und Beschäftigung, Achtung der Menschenrechte und Bekämpfung von Korruption und Bestechung.
Wie wurden die Indikatoren für nachteilige Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Für nachhaltige Anlagen, wie oben beschrieben, führt Fidelity eine quantitative Bewertung  durch,  um  Unternehmen  mit  einer  problematischen  Leistung  bei PAI-Indikatoren zu ermitteln. Emittenten mit einer niedrigen Punktzahl kommen nur dann für „nachhaltige Anlagen“ infrage, wenn die Fundamentalresearch von Fidelity feststellt, dass der Emittent nicht gegen die Anforderungen verstößt, „keinen wesentlichen Schaden anrichtet“ oder sich auf einem Weg befindet, um die nachteiligen Auswirkungen durch effektives Management oder einen Übergang abzumildern.
Wie stehen die nachhaltigen Investitionen mit den OECD-Leitsätzen für multinationale Unternehmen und den Leitprinzipien der Vereinten Nationen für Wirtschaft und
Menschenrechte in Einklang? Nähere Angaben:
Es werden normenbasierte Filterkriterien angewendet: Emittenten, bei denen festgestellt wurde, dass sie sich nicht in einer Weise verhalten, die ihrer grundlegenden Verantwortung in den Bereichen Menschenrechte, Arbeit, Umwelt und Korruptionsbekämpfung im Einklang mit internationalen Normen gerecht wird, darunter denjenigen, die in den OECD-Leitsätzen für multinationale Unternehmen, den Leitprinzipien der Vereinten Nationen für Wirtschaft und Menschenrechte, dem UN Global Compact (UNGC) und den IAO-Standards der Internationalen Arbeitsorganisation (ILO) festgelegt sind, kommen für nachhaltige Investitionen nicht infrage.
In der EU-Taxonomie ist der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" festgelegt, nach dem taxonomiekonforme Investitionen die Ziele der EU-Taxonomie nicht erheblich beeinträchtigen dürfen, und es sind spezifische EU-Kriterien beigefügt. Der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" findet nur bei denjenigen dem Finanzprodukt zugrunde liegenden Investitionen Anwendung, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten berücksichtigen. Die dem verbleibenden Teil dieses  Finanzprodukts zugrunde  liegenden Investitionen berücksichtigen nicht die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten. Alle anderen nachhaltigen Investitionen dürfen ökologische oder soziale Ziele ebenfalls nicht erheblich beeinträchtigen.

###### Werden bei diesem Finanzprodukt die wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Ja
- NeinDie wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren werden mit Hilfe einer Vielzahl von Instrumenten berücksichtigt und in Anlageentscheidungen einbezogen. Hierzu zählen:
- Due Diligence – Analyse, ob die wichtigsten nachteiligen Auswirkungen (PAI) wesentlich und negativ sind.
- ESG-Rating – Fidelity bezieht sich auf ESG-Ratings, die wesentliche nachteilige Auswirkungen wie CO2-Emissionen, Mitarbeitersicherheit, Bestechung und Korruption sowie Wassermanagement berücksichtigen, und bei den von Staaten ausgegebenen Wertpapieren berücksichtigen die verwendeten Ratings wichtige nachteilige Auswirkungen (PAI) wie CO2-Emissionen, Sozialverstöße und die Meinungsfreiheit.
- Ausschlusskriterien – Bei Direktanlagen in Unternehmen als Emittenten wendet der Teilfonds die (unten definierten) Ausschlusskriterien an, um die wichtigsten nachteiligen Auswirkungen abzumildern. Dazu schließt er schädliche Sektoren aus und verbietet Investitionen in Emittenten, die gegen internationale Standards wie den UNGC verstoßen.
- Mitwirkung – Fidelity nutzt Mitwirkung als ein Instrument, um die wichtigsten nachteiligen Auswirkungen besser zu verstehen und sich unter bestimmten Umständen für die Abmilderung der wichtigsten nachteiligen Auswirkungen einzusetzen. Fidelity beteiligt sich an relevanten individuellen und kollaborativen Arten der Mitwirkung, die auf eine Reihe von wichtigen negativen Auswirkungen abzielen (z. B. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Abstimmungsverhalten – Die Abstimmungspolitik von Fidelity umfasst bei Unternehmen als Emittenten explizite Mindeststandards für die Geschlechtervielfalt im Aufsichtsrat und die Auseinandersetzung mit dem Klimawandel. Fidelity kann auch auf eine Weise abstimmen, dass die wichtigsten nachteiligen Auswirkungen abgemildert werden.
- Vierteljährliche Überprüfungen – Überwachung der wichtigsten nachteiligen Auswirkungen (PAI) durch den vierteljährlichen Überprüfungsprozess des Teilfonds.

Wenn es um die Frage geht, ob Investitionen eine wesentliche nachteilige Auswirkung haben, berücksichtigt Fidelity für jeden Nachhaltigkeitsfaktor spezifische Indikatoren. Diese Indikatoren hängen von der Datenverfügbarkeit ab und können sich mit zunehmender Datenqualität und
-verfügbarkeit weiterentwickeln.
Informationen über die wichtigsten nachteiligen Auswirkungen werden im Jahresbericht des Teilfonds zur Verfügung gestellt.

###### Welche Anlagestrategie wird mit diesem Finanzprodukt verfolgt?
Die Anlagestrategie dient aIs Richtschnur für Investitionsentscheidun- gen, wobei bestimmte Kriterien wie beispielsweise Investitionsziele oder Risikotoleranz
berücksichtigt werden.
Der Teilfonds gehört zur Familie der Fidelity Nachhaltigkeitsfonds und verfolgt eine auf Nachhaltigkeit ausgerichtete Strategie, nach der mindestens 70% des Nettovermögens des Teilfonds in Wertpapiere investiert werden, die gute ESG-Eigenschaften aufweisen.
Ob ESG-Eigenschaften gut sind, wird anhand von ESG-Ratings externer Agenturen und von Fidelity ESG-Ratings ermittelt.
Emittenten, deren Rating sie für die Zwecke des Primärziels (mindestens 70% des Vermögens) als ungeeignet zur Einstufung als Unternehmen mit guten ESG-Eigenschaften erscheinen lässt, können im Umfang von bis zu 30% des Nettovermögens aufgenommen werden, sofern sie nachweisen können, dass sie sich hinsichtlich ihrer ESG-Eigenschaften auf dem Weg der Besserung befinden.
Das durchschnittliche ESG-Rating des Teilfonds wird das durchschnittliche ESG-Rating des Anlageuniversums, (für die Zwecke dieser Berechnung) repräsentiert durch den MSCI AC Asia ex Japan Index (der „Index“), nach Ausschluss von 20% der Index-Vermögenswerte mit den niedrigsten ESG-Ratings übersteigen.
Innerhalb dieses Anlageuniversums wählt der Investmentmanager Aktien mit Hilfe rigoroser Bottom-up-Finanzanalysen und -bewertungen aus, um Aktien mit einem Potenzial für hohe Anlagerenditen auszuwählen.
In Bezug auf seine Direktanlagen berücksichtigt der Teilfonds:
- eine unternehmensweite Ausschlussliste, die Streumunition und Antipersonenminen umfasst, und
- eine prinzipienbasierte Ausschlussrichtlinie, die Folgendes beinhaltet:
	- eine normenbasierte Filterung von Emittenten, die nach Auffassung des Investmentmanagers ihre Geschäfte nicht in Übereinstimmung mit internationalen Normen, darunter denen des UNGC, geführt haben; und
	- ein Filterkriterium, durch das bestimmte Sektoren, Emittenten oder Praktiken auf der Grundlage konkreter ESG-Kriterien ausgeschlossen werden können, wobei für diese Kriterien möglicherweise auch Umsatzschwellen angewendet werden.


Die oben genannten Ausschluss- und Filterkriterien (die „Ausschlusskriterien“) werden möglicherweise von Zeit zu Zeit aktualisiert. Weitere Informationen erhalten Sie auf der Website Sustainable investing framework (fidelityinternational.com).
Es steht zudem im Ermessen des Investmentmanagers, von Zeit zu Zeit erweiterte, strengere Nachhaltigkeitsanforderungen und Ausschlusskriterien anzuwenden.
Worin bestehen die verbindlichen Elemente der Anlagestrategie, die für die Auswahl der Investitionen zur Erfüllung der beworbenen ökologischen oder sozialen Ziele verwendet werden?
Der Teilfonds investiert:
- mindestens 70% seines Vermögens in Emittenten mit guten ESG-Eigenschaften; und
- mindestens 25% in nachhaltige Anlagen, von denen mindestens 0% ein Umweltziel verfolgen, das sich an der EU-Taxonomie orientiert, mindestens 5% ein Umweltziel, das sich nicht an der EU-Taxonomie orientiert, und mindestens 10% ein Sozialziel.

Der Teilfonds bewertet die ESG-Eigenschaften von mindestens 90% seines Vermögens. Das durchschnittliche ESG-Rating des Teilfonds wird das durchschnittliche ESG-Rating des Anlageuniversums, repräsentiert durch den Index (wie oben definiert), nach Ausschluss von 20% der Index-Vermögenswerte mit den niedrigsten ESG-Ratings übersteigen.
Darüber hinaus wird der Teilfonds die oben beschriebenen Ausschlusskriterien wie oben beschrieben auf Direktanlagen anwenden.
Um welchen Mindestsatz wird der Umfang der vor der Anwendung dieser Anlagestrategie in Betracht gezogenen Investitionen reduziert?
Diese Frage ist hier nicht relevant.
Die Verfahrensweisen einer guten
Unternehmensführung umfassen solide Managementstrukturen, die Beziehungen zu den Arbeitnehmern, die Vergütung von Mitarbeitern sowie die Einhaltung der Steuervorschriften.
Wie werden die Verfahrensweisen einer guten Unternehmensführung der Unternehmen, in die investiert wird, bewertet?
Die Governance-Praktiken der Emittenten werden anhand von Fundamentalresearch bewertet, die Fidelity ESG-Ratings sowie Daten zu Kontroversen und Verstößen gegen den UN Global Compact berücksichtigt.
Zu den wichtigsten Punkten, die analysiert werden, gehören unter anderem die Erfolgsbilanz der Kapitalallokation, die finanzielle Transparenz, Transaktionen mit nahestehenden Parteien, die Unabhängigkeit und Größe des Vorstands, die Vergütung der Führungskräfte, die Abschlussprüfer und die interne Aufsicht sowie die Rechte der Minderheitsanteilinhaber.

###### Welche Vermögensallokation ist für dieses Finanzprodukt geplant?
Die Vermögensallokation gibt den jeweiligen Anteil der Investitionen in bestimmte Vermögenswerte an.
Taxonomiekonforme Tätigkeiten, ausgedrückt durch den Anteil der:
- Umsatzerlöse, die den Anteil der Einnahmen aus umweltfreundlichenAktivitäten der Unternehmen, in die investiert wird, widerspiegeln
- Investitionsausgaben (CapEx), die die umweltfreundlichen Investitionen der Unternehmen, in die investiert wird, aufzeigen,z.B. für den Übergang zu einer grünen Wirtschaft- Betriebsausgaben (OpEx), die die umweltfreundlichenbetrieblichen Aktivitäten der Unternehmen, in die investiert wird, widerspiegeln(#1 Ausgerichtet an E/S-Eigenschaften) Der Teilfonds investiert:
- mindestens 70% seines	Vermögens	in	Wertpapiere	von	Emittenten	mit	guten ESG-Eigenschaften,
- mindestens 25% seines Vermögens in nachhaltige (#1A nachhaltig) Anlagen, von denen mindestens 0% ein Umweltziel verfolgen (das an der EU-Taxonomie ausgerichtet ist), mindestens 5% ein Umweltziel haben (das nicht an der EU-Taxonomie ausgerichtet ist) und mindestens 10% ein Sozialziel haben. Die übrigen nachhaltigen Anlagen des Teilfonds können ein Umwelt- oder Sozialziel verfolgen.

Sonstige Umweltziele 5%
(#1B Sonstige E/S-Eigenschaften) Umfasst Wertpapiere von Emittenten mit guten ESG-Eigenschaften, die aber keine nachhaltigen Anlagen sind.
#1A Nachhaltige
Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale
70%
Investitionen 25%
#1B Andere ökologische oder soziale Merkmale
Soziales 10%
#2 Andere Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst Investitionen des Finanzprodukts, die zur Erreichung der beworbenen ökologischen oder sozialen Merkmale getätigt wurden.
#2 Andere Investitionen umfasst die übrigen Investitionen des Finanzprodukts, die weder auf ökologische oder soziale Merkmale ausgerichtet sind noch als nachhaltige Investitionen eingestuft werden.
Die Kategorie #1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst folgende Unterkategorien:
Die Unterkategorie #1A Nachhaltige Investitionen umfasst nachhaltige Investitionen mit ökologischen oder sozialen Zielen.
Die Unterkategorie #1B Andere ökologische oder soziale Merkmale umfasst Investitionen, die auf ökologische oder soziale Merkmale ausgerichtet sind, aber nicht als nachhaltige Investitionen eingestuft werden.
Inwiefern werden durch den Einsatz von Derivaten die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht?
Wenn das einem Derivat zugrunde liegende Wertpapier im Einklang mit dem System für nachhaltiges Investieren von Fidelity gute ESG-Eigenschaften aufweist, darf das Derivat zur Feststellung des Teilfondsanteils berücksichtigt werden, der Umwelt- oder Sozialeigenschaften fördert.
In welchem Mindestmaß sind nachhaltige Investitionen mit einem Umweltziel mit der EU-Taxonomie konform?
Der Teilfonds investiert mindestens 0% in nachhaltige Anlagen mit einem Umweltziel, die mit der EU-Taxonomie konform sind.
Die Konformität der Anlagen des Teilfonds mit der EU-Taxonomie wird nicht durch Wirtschaftsprüfer oder mittels einer Überprüfung durch Dritte sichergestellt.
Die Ausrichtung der zugrunde liegenden Anlagen des Teilfonds an der EU-Taxonomie wird anhand des Umsatzes gemessen.
Investiert das Finanzprodukt in Aktivitäten im Zusammenhang mit fossilem Gas und/oder Kernenergie, die der EU-Taxonomie¹ entsprechen?
- JaNein
- In fossiles Gas	In KernenergieWie hoch ist der Mindestanteil der Investitionen in Übergangstätigkeiten und ermöglichende Tätigkeiten?

Der Teilfonds investiert mindestens 0% in Übergangstätigkeiten und ermöglichende Tätigkeiten.
Wie hoch ist der Mindestanteil nachhaltiger Investitionen mit einem Umweltziel, die nicht mit der EU-Taxonomie konform sind?
Der Teilfonds investiert mindestens 5% in nachhaltige Anlagen mit einem Umweltziel, das nicht mit der EU-Taxonomie konform ist.
Die Anlagen können zwar mit der EU-Taxonomie konform sein, aber der Investmentmanager ist derzeit nicht in der Lage, den genauen Anteil der Anlagen des Teilfonds anzugeben, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftstätigkeiten berücksichtigen. Die Position wird jedoch weiterhin überprüft, wenn die zugrunde liegenden Regeln festgelegt sind und im Laufe der Zeit mehr zuverlässige Daten zur Verfügung stehen.
¹ Tätigkeiten im Bereich fossiles Gas und/oder Kernenergie sind nur dann EU-taxonomiekonform, wenn sie zur Eindämmung des Klimawandels („Klimaschutz“) beitragen und kein Ziel der EU-Taxonomie erheblich beeinträchtigen – siehe Erläuterung am linken Rand. Die vollständigen Kriterien für EU-taxonomiekonforme Wirtschaftstätigkeiten im Bereich fossiles Gas und Kernenergie sind in der Delegierten Verordnung (EU) 2022/1214 der Kommission festgelegt.
Wie hoch ist der Mindestanteil der sozial nachhaltigen Investitionen?
Der Teilfonds investiert mindestens 10% in nachhaltige Anlagen mit einem Sozialziel.
Welche Investitionen fallen unter ,,#2 Andere Investitionen", welcher Anlagezweck wird mit ihnen verfolgt und gibt es einen ökologischen oder sozialen Mindestschutz?
Die verbleibenden Anlagen des Teilfonds können in Wertpapieren von Emittenten erfolgen, die nachweisen können, dass sie sich in Bezug auf ihre ESG-Eigenschaften auf einem Kurs der Verbesserung befinden, und für Liquiditätszwecke in liquiden Mitteln und liquiden Mitteln gleichstehenden Mitteln sowie in Derivaten, die als Anlagen und für ein effizientes Portfoliomanagement eingesetzt werden können.
Zur Gewährleistung eines Mindestmaßes an Umwelt- und Sozialabsicherungen wendet der Teilfonds die Ausschlusskriterien an.

###### Wurde ein Index als Referenzwert bestimmt, um festzustellen, ob dieses Finanzprodukt auf die beworbenen ökologischen und/oder sozialen Merkmale ausgerichtet ist?
Es wird kein bestimmter Index als Referenzbenchmark angegeben, um festzustellen, ob dieses Finanzprodukt zu den geförderten Umwelt- oder Sozialeigenschaften passt.
Bei den Referenzwerten handelt es sich um Indizes, mit denen gemessen wird, ob das Finanzprodukt die beworbenen ökologischen oder sozialen Merkmale erreicht.
Inwiefern ist der Referenzwert kontinuierlich auf die mit dem Finanzprodukt beworbenen ökologischen und sozialen Merkmale ausgerichtet?
Diese Frage ist hier nicht relevant.
Wie wird die kontinuierliche Ausrichtung der Anlagestrategie auf die Indexmethode sichergestellt?
Diese Frage ist hier nicht relevant.
Wie unterscheidet sich der bestimmte Index von einem relevanten breiten Marktindex?
Diese Frage ist hier nicht relevant.
Wo kann die Methode zur Berechnung des bestimmten Indexes eingesehen werden?
Diese Frage ist hier nicht relevant.

###### 	Wo kann ich im Internet weitere produktspezifische Informationen finden?
Weitere produktspezifische Informationen finden Sie auf der Website: https:/www.fidelity.lu/funds/factsheet/LU0261946445/tab-disclosure#SFDR-disclosure. 
Weitere Informationen zu den hier dargelegten Methoden finden Sie auf der Website: System fürnachhaltiges Investieren (fidelityinternational.com).
Vorvertragliche Informationen zu den in Artikel 8 Absätze 1, 2 und 2a der Verordnung (EU) 2019/2088 und Artikel 6 Absatz 1 der Verordnung (EU) 2020/852 genannten Finanzprodukten
Name des Produkts:	Unternehmenskennung (LEI- Code):
Fidelity Funds - Sustainable Asia Equity II Fund	5493000YTYJ3T5Q1KB02

###### Ökologische und/oder soziale Merkmale
| Werden mit diesem Finanzprodukt nachhaltige Investitionen angestrebt? |
| --- |
|  | - Ja
 |  | Nein |
| - Es wird damit ein MindestanteiI an nachhaltigen Investitionen mit einem Umweltziel getätigt:%
	- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie als ökologisch nachhaltig einzustufen sind
	- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie nicht als ökologisch nachhaltig einzustufen sind

- Es wird damit ein Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel getätigt:%
 | Es werden damit ökologische/soziale Merkmale beworben und obwohl keine nachhaltigen Investitionen angestrebt werden, enthält es einen Mindestanteil von 25% an nachhaltigen Investitionen. - mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie als ökologisch nachhaltig einzustufen sindmit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie nicht als ökologisch nachhaltig einzustufen sindmit einem sozialen Ziel
- Es	werden		damit	ökologische/soziale Merkmale	beworben,		aber	keinenachhaltigen Investitionen getätigt.
 |

Welche ökologischen und/ oder sozialen Merkmale werden mit diesem Finanzprodukt beworben?
Mit Nachhaltigkeitsin- dikatoren wird gemessen, inwieweit die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht werden.
Der Teilfonds fördert Umwelt- und Sozialeigenschaften, indem er in Wertpapiere von Emittenten mit guten ESG-Eigenschaften investiert. Gute ESG-Eigenschaften werden anhand von ESG-Ratings ermittelt. ESG-Ratings berücksichtigen Umwelteigenschaften wie CO2-Intensität, CO2-Emissionen, Energieeffizienz, Wasser- und Abfallmanagement und Biodiversität sowie Sozialeigenschaften wie Produktsicherheit, Lieferkette, Gesundheit und Sicherheit sowie Menschenrechte.
Der Teilfonds ist in gewissem Maße bestrebt, nachhaltige Anlagen zu tätigen.
Es wird keine Referenzbenchmark festgelegt, um die geförderten Umwelt- und Sozialeigenschaften zu erreichen.
einzelnen ökologischen oder sozialen Merkmale, die durch dieses Finanzprodukt beworben werden, herangezogen?
Der Teilfonds verwendet die folgenden Nachhaltigkeitsindikatoren, um die Ausprägung der von ihm geförderten Umwelt- oder Sozialeigenschaften zu messen:
- der  Prozentsatz des Teilfonds, der in Wertpapieren von Emittenten mit guten ESG-Eigenschaften im Einklang mit dem System für nachhaltiges Investieren von Fidelity investiert ist;
- in Bezug auf seine Direktanlagen der Prozentsatz des Teilfonds, der in Wertpapiere von Emittenten investiert ist, auf die Ausschlusskriterien (wie unten definiert) zutreffen;
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen investiert ist; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel bei Wirtschaftsaktivitäten investiert ist, die gemäß der EU-Taxonomie nicht als ökologisch nachhaltig gelten; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel investiert ist.

Welches sind die Ziele der nachhaltigen Investitionen, die mit dem
Finanzprodukt teilweise getätigt werden sollen, und wie trägt die nachhaltige Investition zu diesen Zielen bei?
Der Teilfonds ermittelt wie folgt, ob eine Anlage nachhaltig ist:
- Emittenten, die wirtschaftliche Tätigkeiten ausüben, die zu einem oder mehreren der in der EU-Taxonomie festgelegten Umweltziele beitragen und gemäß der EU-Taxonomie als ökologisch nachhaltig gelten; oder
- Emittenten, bei denen der Großteil ihrer Geschäftstätigkeit (mehr als 50% des Umsatzes) zu Umwelt- oder Sozialzielen beiträgt, die mit einem oder mehreren der Ziele der Vereinten Nationen für nachhaltige Entwicklung („SDG“) in Einklang stehen; oder
- Emittenten, die ein Dekarbonisierungsziel festgelegt haben, das mit einem Temperaturanstiegsszenario mit 1,5 Grad oder weniger vereinbar ist (überprüft durch die Science Based Target Initiative oder ein Fidelity Proprietary Climate Rating), das als Beitrag zu Umweltzielen angesehen wird;sofern sie keinen wesentlichen Schaden anrichten, Mindestabsicherungen bieten und gute Governance-Kriterien aufweisen.

teilweise getätigt werden sollen, keinem der ökologischen oder sozialen nachhaltigen Anlageziele erheblich schaden?
Nachhaltige Anlagen werden auf ihre Beteiligung an Aktivitäten überprüft, die erheblichen Schaden und Kontroversen verursachen, und durch eine Kontrolle bewertet, ob der Emittent Mindestabsicherungen und -standards hinsichtlich der wichtigsten nachteiligen Auswirkungen (PAI) sowie für die Leistung bei den PAI-Kennzahlen umsetzt bzw. erfüllt. Dazu gehören:
- Normenbasierte Filterkriterien – das Filtern von Wertpapieren, die gemäß den bestehenden (unten beschriebenen) normenbasierten Filterkriterien von Fidelity ermittelt wurden, anhand von:
- aktivitätsbasierten Filterkriterien – das Filtern von Emittenten auf der Grundlage ihrer Beteiligung an Aktivitäten mit erheblichen negativen Auswirkungen auf die Gesellschaft oder die Umwelt, darunter Emittenten, bei denen aufgrund der Filterkriterien für Kontroversen eine„sehr gravierende“ Kontroverse vorliegt, die im Bereich
- Umwelt,
- Menschenrechte und Gemeinschaften,
- Arbeitnehmerrechte und Lieferkette,
- Kunden,
- Governance angesiedelt ist; und anhand von
	- PAI-Indikatoren. Quantitative Daten (sofern verfügbar) zu PAI-Indikatoren werden verwendet, um zu bewerten, ob ein Emittent an Aktivitäten beteiligt ist, die einem Umwelt- oder Sozialziel erheblichen Schaden zufügen.


Bei den wichtigsten nachteiligen Auswirkungen handelt es sich um die bedeutendsten nachteiligen Auswirkungen von Investitionsentscheidun- gen auf NachhaItigkeitsfaktoren in den Bereichen Umwelt, Soziales und Beschäftigung, Achtung der Menschenrechte und Bekämpfung von Korruption und Bestechung.
Wie wurden die Indikatoren für nachteilige Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Für nachhaltige Anlagen, wie oben beschrieben, führt Fidelity eine quantitative Bewertung  durch,  um  Unternehmen  mit  einer  problematischen  Leistung  bei PAI-Indikatoren zu ermitteln. Emittenten mit einer niedrigen Punktzahl kommen nur dann für „nachhaltige Anlagen“ infrage, wenn die Fundamentalresearch von Fidelity feststellt, dass der Emittent nicht gegen die Anforderungen verstößt, „keinen wesentlichen Schaden anrichtet“ oder sich auf einem Weg befindet, um die nachteiligen Auswirkungen durch effektives Management oder einen Übergang abzumildern.
Wie stehen die nachhaltigen Investitionen mit den OECD-Leitsätzen für multinationale Unternehmen und den Leitprinzipien der Vereinten Nationen für Wirtschaft und
Menschenrechte in Einklang? Nähere Angaben:
Es werden normenbasierte Filterkriterien angewendet: Emittenten, bei denen festgestellt wurde, dass sie sich nicht in einer Weise verhalten, die ihrer grundlegenden Verantwortung in den Bereichen Menschenrechte, Arbeit, Umwelt und Korruptionsbekämpfung im Einklang mit internationalen Normen gerecht wird, darunter denjenigen, die in den OECD-Leitsätzen für multinationale Unternehmen, den Leitprinzipien der Vereinten Nationen für Wirtschaft und Menschenrechte, dem UN Global Compact (UNGC) und den IAO-Standards der Internationalen Arbeitsorganisation (ILO) festgelegt sind, kommen für nachhaltige Investitionen nicht infrage.
In der EU-Taxonomie ist der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" festgelegt, nach dem taxonomiekonforme Investitionen die Ziele der EU-Taxonomie nicht erheblich beeinträchtigen dürfen, und es sind spezifische EU-Kriterien beigefügt. Der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" findet nur bei denjenigen dem Finanzprodukt zugrunde liegenden Investitionen Anwendung, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten berücksichtigen. Die dem verbleibenden Teil dieses  Finanzprodukts zugrunde  liegenden Investitionen berücksichtigen nicht die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten. Alle anderen nachhaltigen Investitionen dürfen ökologische oder soziale Ziele ebenfalls nicht erheblich beeinträchtigen.

###### Werden bei diesem Finanzprodukt die wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Ja
- NeinDie wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren werden mit Hilfe einer Vielzahl von Instrumenten berücksichtigt und in Anlageentscheidungen einbezogen. Hierzu zählen:
- Due Diligence – Analyse, ob die wichtigsten nachteiligen Auswirkungen (PAI) wesentlich und negativ sind.
- ESG-Rating – Fidelity bezieht sich auf ESG-Ratings, die wesentliche nachteilige Auswirkungen wie CO2-Emissionen, Mitarbeitersicherheit, Bestechung und Korruption sowie Wassermanagement berücksichtigen, und bei den von Staaten ausgegebenen Wertpapieren berücksichtigen die verwendeten Ratings wichtige nachteilige Auswirkungen (PAI) wie CO2-Emissionen, Sozialverstöße und die Meinungsfreiheit.
- Ausschlusskriterien – Bei Direktanlagen in Unternehmen als Emittenten wendet der Teilfonds die (unten definierten) Ausschlusskriterien an, um die wichtigsten nachteiligen Auswirkungen abzumildern. Dazu schließt er schädliche Sektoren aus und verbietet Investitionen in Emittenten, die gegen internationale Standards wie den UNGC verstoßen.
- Mitwirkung – Fidelity nutzt Mitwirkung als ein Instrument, um die wichtigsten nachteiligen Auswirkungen besser zu verstehen und sich unter bestimmten Umständen für die Abmilderung der wichtigsten nachteiligen Auswirkungen einzusetzen. Fidelity beteiligt sich an relevanten individuellen und kollaborativen Arten der Mitwirkung, die auf eine Reihe von wichtigen negativen Auswirkungen abzielen (z. B. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Abstimmungsverhalten – Die Abstimmungspolitik von Fidelity umfasst bei Unternehmen als Emittenten explizite Mindeststandards für die Geschlechtervielfalt im Aufsichtsrat und die Auseinandersetzung mit dem Klimawandel. Fidelity kann auch auf eine Weise abstimmen, dass die wichtigsten nachteiligen Auswirkungen abgemildert werden.
- Vierteljährliche Überprüfungen – Überwachung der wichtigsten nachteiligen Auswirkungen (PAI) durch den vierteljährlichen Überprüfungsprozess des Teilfonds.

Wenn es um die Frage geht, ob Investitionen eine wesentliche nachteilige Auswirkung haben, berücksichtigt Fidelity für jeden Nachhaltigkeitsfaktor spezifische Indikatoren. Diese Indikatoren hängen von der Datenverfügbarkeit ab und können sich mit zunehmender Datenqualität und
-verfügbarkeit weiterentwickeln.
Informationen über die wichtigsten nachteiligen Auswirkungen werden im Jahresbericht des Teilfonds zur Verfügung gestellt.

###### Welche Anlagestrategie wird mit diesem Finanzprodukt verfolgt?
Die Anlagestrategie dient aIs Richtschnur für Investitionsentscheidun- gen, wobei bestimmte Kriterien wie beispielsweise Investitionsziele oder Risikotoleranz
berücksichtigt werden.
Der Teilfonds ist Teil der Familie der Nachhaltigkeitsfonds von Fidelity und verfolgt eine auf Nachhaltigkeit ausgerichtete Strategie, bei der mindestens 70% des Fondsvermögens in Wertpapiere mit guten ESG-Eigenschaften investiert werden.
Ob ESG-Eigenschaften eine gute Ausprägung haben, wird anhand von ESG-Ratings externer Agenturen und Fidelity ESG-Ratings ermittelt.
Emittenten, deren Rating sie für die Zwecke des Primärziels (mindestens 70% des Vermögens) als ungeeignet zur Einstufung als Unternehmen mit guten ESG-Eigenschaften erscheinen lässt, können im Umfang von bis zu 30% des Nettovermögens aufgenommen werden, sofern sie nachweisen können, dass sie sich hinsichtlich ihrer ESG-Eigenschaften auf dem Weg der Besserung befinden.
Innerhalb dieses Anlageuniversums wählt der Investmentmanager Aktien durch strenge Finanzanalysen und -bewertungen nach dem Bottom-up-Prinzip aus, um Aktien mit dem Potenzial für eine starke Anlagerendite auszuwählen.
In Bezug auf seine Direktanlagen berücksichtigt der Teilfonds:
- eine unternehmensweite Ausschlussliste, die Streumunition und Antipersonenminen umfasst, und
- eine prinzipienbasierte Ausschlussrichtlinie, die Folgendes beinhaltet:
	- eine normenbasierte Filterung von Emittenten, die nach Auffassung des Investmentmanagers ihre Geschäfte nicht in Übereinstimmung mit internationalen Normen, darunter denen des UNGC, geführt haben; und
	- ein Filterkriterium, durch das bestimmte Sektoren, Emittenten oder Praktiken auf der Grundlage konkreter ESG-Kriterien ausgeschlossen werden können, wobei für diese Kriterien möglicherweise auch Umsatzschwellen angewendet werden.


Die oben genannten Ausschluss- und Filterkriterien (die „Ausschlusskriterien“) werden möglicherweise von Zeit zu Zeit aktualisiert. Weitere Informationen erhalten Sie auf der Website Sustainable investing framework (fidelityinternational.com).
Es steht zudem im Ermessen des Investmentmanagers, von Zeit zu Zeit erweiterte, strengere Nachhaltigkeitsanforderungen und Ausschlusskriterien anzuwenden.
Worin bestehen die verbindlichen Elemente der Anlagestrategie, die für die Auswahl der Investitionen zur Erfüllung der beworbenen ökologischen oder sozialen Ziele verwendet werden?
Der Teilfonds investiert:
- mindestens 70% seines Vermögens in Emittenten mit guten ESG-Eigenschaften;
- mindestens 25% in nachhaltige Anlagen, von denen mindestens 0% ein Umweltziel verfolgen, das sich an der EU-Taxonomie orientiert, mindestens 5% ein Umweltziel, das sich nicht an der EU-Taxonomie orientiert, und mindestens 10% ein Sozialziel.

Darüber hinaus wird der Teilfonds systematisch die oben beschriebenen Ausschlusskriterien auf Direktanlagen anwenden.
Um welchen Mindestsatz wird der Umfang der vor der Anwendung dieser Anlagestrategie in Betracht gezogenen Investitionen reduziert?
Diese Frage ist hier nicht relevant.
Die Verfahrensweisen einer guten
Unternehmensführung umfassen solide Managementstrukturen, die Beziehungen zu den Arbeitnehmern, die Vergütung von Mitarbeitern sowie die Einhaltung der Steuervorschriften.
Wie werden die Verfahrensweisen einer guten Unternehmensführung der Unternehmen, in die investiert wird, bewertet?
Die Governance-Praktiken der Emittenten werden anhand von Fundamentalresearch bewertet, die Fidelity ESG-Ratings sowie Daten zu Kontroversen und Verstößen gegen den UN Global Compact berücksichtigt.
Zu den wichtigsten Punkten, die analysiert werden, gehören unter anderem die Erfolgsbilanz der Kapitalallokation, die finanzielle Transparenz, Transaktionen mit nahestehenden Parteien, die Unabhängigkeit und Größe des Vorstands, die Vergütung der Führungskräfte, die Abschlussprüfer und die interne Aufsicht sowie die Rechte der Minderheitsanteilinhaber.

###### Welche Vermögensallokation ist für dieses Finanzprodukt geplant?
Die Vermögensallokation gibt den jeweiligen Anteil der Investitionen in bestimmte Vermögenswerte an.
Taxonomiekonforme Tätigkeiten, ausgedrückt durch den Anteil der:
- Umsatzerlöse, die den Anteil der Einnahmen aus umweltfreundlichenAktivitäten der Unternehmen, in die investiert wird, widerspiegeln
- Investitionsausgaben (CapEx), die die umweltfreundlichen Investitionen der Unternehmen, in die investiert wird, aufzeigen,z.B. für den Übergang zu einer grünen Wirtschaft- Betriebsausgaben (OpEx), die die umweltfreundlichenbetrieblichen Aktivitäten der Unternehmen, in die investiert wird, widerspiegeln(#1 Ausgerichtet an E/S-Eigenschaften) Der Teilfonds investiert:
- mindestens 70% seines	Vermögens	in	Wertpapiere	von	Emittenten	mit	guten ESG-Eigenschaften,
- mindestens 25% seines Vermögens in nachhaltige (#1A nachhaltig) Anlagen, von denen mindestens 0% ein Umweltziel verfolgen (das an der EU-Taxonomie ausgerichtet ist), mindestens 5% ein Umweltziel haben (das nicht an der EU-Taxonomie ausgerichtet ist) und mindestens 10% ein Sozialziel haben. Die übrigen nachhaltigen Anlagen des Teilfonds können ein Umwelt- oder Sozialziel verfolgen.

Sonstige Umweltziele 5%
(#1B Sonstige E/S-Eigenschaften) Umfasst Wertpapiere von Emittenten mit guten ESG-Eigenschaften, die aber keine nachhaltigen Anlagen sind.
#1A Nachhaltige
Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale
70%
Investitionen 25%
#1B Andere ökologische oder soziale Merkmale
Soziales 10%
#2 Andere Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst Investitionen des Finanzprodukts, die zur Erreichung der beworbenen ökologischen oder sozialen Merkmale getätigt wurden.
#2 Andere Investitionen umfasst die übrigen Investitionen des Finanzprodukts, die weder auf ökologische oder soziale Merkmale ausgerichtet sind noch als nachhaltige Investitionen eingestuft werden.
Die Kategorie #1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst folgende Unterkategorien:
Die Unterkategorie #1A Nachhaltige Investitionen umfasst nachhaltige Investitionen mit ökologischen oder sozialen Zielen.
Die Unterkategorie #1B Andere ökologische oder soziale Merkmale umfasst Investitionen, die auf ökologische oder soziale Merkmale ausgerichtet sind, aber nicht als nachhaltige Investitionen eingestuft werden.
Inwiefern werden durch den Einsatz von Derivaten die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht?
Wenn das einem Derivat zugrunde liegende Wertpapier im Einklang mit dem System für nachhaltiges Investieren von Fidelity gute ESG-Eigenschaften aufweist, darf das Derivat zur Feststellung des Teilfondsanteils berücksichtigt werden, der Umwelt- oder Sozialeigenschaften fördert.
In welchem Mindestmaß sind nachhaltige Investitionen mit einem Umweltziel mit der EU-Taxonomie konform?
Der Teilfonds investiert mindestens 0% in nachhaltige Anlagen mit einem Umweltziel, die mit der EU-Taxonomie konform sind.
Die Konformität der Anlagen des Teilfonds mit der EU-Taxonomie wird nicht durch Wirtschaftsprüfer oder mittels einer Überprüfung durch Dritte sichergestellt.
Die Ausrichtung der zugrunde liegenden Anlagen des Teilfonds an der EU-Taxonomie wird anhand des Umsatzes gemessen.
Investiert das Finanzprodukt in Aktivitäten im Zusammenhang mit fossilem Gas und/oder Kernenergie, die der EU-Taxonomie¹ entsprechen?
- JaNein
- In fossiles Gas	In KernenergieWie hoch ist der Mindestanteil der Investitionen in Übergangstätigkeiten und ermöglichende Tätigkeiten?

Der Teilfonds investiert mindestens 0% in Übergangstätigkeiten und ermöglichende Tätigkeiten.
Wie hoch ist der Mindestanteil nachhaltiger Investitionen mit einem Umweltziel, die nicht mit der EU-Taxonomie konform sind?
Der Teilfonds investiert mindestens 5% in nachhaltige Anlagen mit einem Umweltziel, das nicht mit der EU-Taxonomie konform ist.
Die Anlagen können zwar mit der EU-Taxonomie konform sein, aber der Investmentmanager ist derzeit nicht in der Lage, den genauen Anteil der Anlagen des Teilfonds anzugeben, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftstätigkeiten berücksichtigen. Die Position wird jedoch weiterhin überprüft, wenn die zugrunde liegenden Regeln festgelegt sind und im Laufe der Zeit mehr zuverlässige Daten zur Verfügung stehen.
¹ Tätigkeiten im Bereich fossiles Gas und/oder Kernenergie sind nur dann EU-taxonomiekonform, wenn sie zur Eindämmung des Klimawandels („Klimaschutz“) beitragen und kein Ziel der EU-Taxonomie erheblich beeinträchtigen – siehe Erläuterung am linken Rand. Die vollständigen Kriterien für EU-taxonomiekonforme Wirtschaftstätigkeiten im Bereich fossiles Gas und Kernenergie sind in der Delegierten Verordnung (EU) 2022/1214 der Kommission festgelegt.
Wie hoch ist der Mindestanteil der sozial nachhaltigen Investitionen?
Der Teilfonds investiert mindestens 10% in nachhaltige Anlagen mit einem Sozialziel.
Welche Investitionen fallen unter ,,#2 Andere Investitionen", welcher Anlagezweck wird mit ihnen verfolgt und gibt es einen ökologischen oder sozialen Mindestschutz?
Die verbleibenden Anlagen des Teilfonds können in Wertpapieren von Emittenten erfolgen, die nachweisen können, dass sie sich in Bezug auf ihre ESG-Eigenschaften auf einem Kurs der Verbesserung befinden, und für Liquiditätszwecke in liquiden Mitteln und liquiden Mitteln gleichstehenden Mitteln sowie in Derivaten, die als Anlagen und für ein effizientes Portfoliomanagement eingesetzt werden können.
Zur Gewährleistung eines Mindestmaßes an Umwelt- und Sozialabsicherungen wendet der Teilfonds die Ausschlusskriterien an.

###### Wurde ein Index als Referenzwert bestimmt, um festzustellen, ob dieses Finanzprodukt auf die beworbenen ökologischen und/oder sozialen Merkmale ausgerichtet ist?
Es wird kein bestimmter Index als Referenzbenchmark angegeben, um festzustellen, ob dieses Finanzprodukt zu den geförderten Umwelt- oder Sozialeigenschaften passt.
Bei den Referenzwerten handelt es sich um Indizes, mit denen gemessen wird, ob das Finanzprodukt die beworbenen ökologischen oder sozialen Merkmale erreicht.
Inwiefern ist der Referenzwert kontinuierlich auf die mit dem Finanzprodukt beworbenen ökologischen und sozialen Merkmale ausgerichtet?
Diese Frage ist hier nicht relevant.
Wie wird die kontinuierliche Ausrichtung der Anlagestrategie auf die Indexmethode sichergestellt?
Diese Frage ist hier nicht relevant.
Wie unterscheidet sich der bestimmte Index von einem relevanten breiten Marktindex?
Diese Frage ist hier nicht relevant.
Wo kann die Methode zur Berechnung des bestimmten Indexes eingesehen werden?
Diese Frage ist hier nicht relevant.

###### 	Wo kann ich im Internet weitere produktspezifische Informationen finden?
Weitere produktspezifische Informationen finden Sie auf der Website: https:/www.fidelity.lu/funds/factsheet/LU0605512861/tab-disclosure#SFDR-disclosure. 
Weitere Informationen zu den hier dargelegten Methoden finden Sie auf der Website: System fürnachhaltiges Investieren (fidelityinternational.com).
Vorvertragliche Informationen zu den in Artikel 9 Absätze 1 bis 4a der Verordnung (EU) 2019/2088 und Artikel 5 Absatz 1 der Verordnung (EU) 2020/852 genannten Finanzprodukten
Name des Produkts:	Unternehmenskennung (LEI- Code):
Fidelity Funds - Sustainable Asian Focus Fund	254900ZH0Z8VWSBW0D79
| Werden mit diesem Finanzprodukt nachhaltige Investitionen angestrebt? |
| --- |
|  | Ja |  | - Nein
 |
| Es wird damit ein MindestanteiI an nachhaltigen Investitionen mit einem Umweltziel getätigt: 10% - in Wirtschaftstätigkeiten, die nach derEU-Taxonomie als ökologisch nachhaltig einzustufen sindin Wirtschaftstätigkeiten, die nach der EU-Taxonomie nicht als ökologisch nachhaltig einzustufen sindEs wird damit ein Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel getätigt: 30%
 | - Es werden damit ökologische/soziale Merkmale beworben und obwohl keine nachhaltigenInvestitionen angestrebt werden, enthält es einen Mindestanteil von % an nachhaltigen Investitionen.
- mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie als ökologisch nachhaltig einzustufen sind
- mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie nicht als ökologisch nachhaltig einzustufen sind
- mit einem sozialen Ziel
- Es	werden		damit	ökologische/soziale Merkmale	beworben,		aber	keinenachhaltigen Investitionen getätigt.
 |


###### Welches nachhaltige Investitionsziel wird mit diesem Finanzprodukt angestrebt?
Mit Nachhaltigkeitsindikatore n wird gemessen, inwieweit die nachhaltigen Ziele dieses Finanzprodukts erreicht werden.
Der Teilfonds strebt langfristiges Kapitalwachstum durch Investitionen in nachhaltige Anlagen an.
Der Teilfonds ermittelt wie folgt, ob eine Anlage nachhaltig ist:
- Emittenten, die wirtschaftliche Tätigkeiten ausüben, die zu einem oder mehreren der in der EU-Taxonomie festgelegten Umweltziele beitragen und gemäß der EU-Taxonomie als ökologisch nachhaltig gelten; oder
- Emittenten, bei denen der Großteil ihrer Geschäftstätigkeit (mehr als 50% des Umsatzes) zu Umwelt- oder Sozialzielen beiträgt, die mit einem oder mehreren der Ziele der Vereinten Nationen für nachhaltige Entwicklung („SDG“) in Einklang stehen; oder
- Emittenten, die ein Dekarbonisierungsziel festgelegt haben, das mit einem Temperaturanstiegsszenario mit 1,5 Grad oder weniger vereinbar ist (überprüft durch die Science Based Target Initiative oder ein Fidelity Proprietary Climate Rating), das als Beitrag zu Umweltzielen angesehen wird;sofern sie keinen wesentlichen Schaden anrichten, Mindestabsicherungen bieten und gute Governance-Kriterien aufweisen.

Der Investmentmanager wählt Emittenten auf der Grundlage des Beitrags ihrer wirtschaftlichen Aktivitäten zu ökologischen oder sozialen Zielen aus, die mit den SDGs in Einklang stehen.
Die SDGs umfassen eine Reihe von Zielen, die von den Vereinten Nationen veröffentlicht wurden und in denen anerkannt wird, dass die Beendigung der Armut und anderer Entbehrungen	mit	Verbesserungen	in	den	Bereichen	Gesundheit	und	Bildung, Wirtschaftswachstum und dem Abbau von Ungleichheiten einhergehen muss, während gleichzeitig der Klimawandel bekämpft und auf den Schutz der Ozeane und Wälder des Planeten hingearbeitet werden muss. Weitere Informationen finden Sie auf der Website der Vereinten	Nationen:	https://sdgs.un.org/goals		.	Zu		den	umweltorientierten Nachhaltigkeitszielen gehören sauberes Wasser und Abwasserentsorgung, erschwingliche und saubere Energie, verantwortungsvoller Verbrauch und verantwortungsvolle Produktion sowie Klimaschutzmaßnahmen. Zu den auf soziale Fragen ausgerichteten SDGs gehören die Bekämpfung von Armut, die Ausrottung von Hungersnöten, Wirtschaftswachstum und produktive Beschäftigung, Industrie, Innovation und Infrastruktur sowie die Sicherheit und Nachhaltigkeit von Städten und Gemeinden.
Es wurde keine Benchmark angegeben, um festzustellen, ob das nachhaltige Anlageziel erreicht wird.
Welche Nachhaltigkeitsindikatoren werden zur Messung der Erreichung des nachhaltigen Investitionsziels dieses Finanzprodukts herangezogen?
Der Teilfonds verwendet die folgenden Nachhaltigkeitsindikatoren, um die Ausprägung der von ihm geförderten nachhaltigen Anlageziele zu messen:
- der Prozentsatz des Teilfonds, der in nachhaltige Anlagen investiert ist;
- der Prozentsatz des Teilfonds, der in nachhaltige Anlagen bei wirtschaftlichen Aktivitäten mit einem Umweltziel investiert ist, das im Sinne der EU-Taxonomie nicht als ökologisch nachhaltig gilt;
- der Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit einem Sozialziel investiert ist; und
- der Prozentsatz des Teilfonds, der in Anlagen bei Wirtschaftsaktivitäten investiert ist, die gemäß den (nachfolgend definierten) Ausschlusskriterien ausgeschlossen werden.

Wie wird erreicht, dass nachhaltige Investitionen nicht zu einer erheblichen Beeinträchtigung des ökologischen oder sozialen nachhaltigen Investitionsziels führen?
Nachhaltige Anlagen werden auf ihre Beteiligung an Aktivitäten überprüft, die erheblichen Schaden und Kontroversen verursachen, und durch eine Kontrolle bewertet, ob der Emittent Mindestabsicherungen und -standards hinsichtlich der wichtigsten nachteiligen Auswirkungen (PAI) sowie für die Leistung bei den PAI-Kennzahlen umsetzt bzw. erfüllt. Dazu gehören:
- Normenbasierte Filterkriterien – das Filtern von Wertpapieren, die gemäß den bestehenden (unten beschriebenen) normenbasierten Filterkriterien von Fidelity ermittelt wurden, anhand von:
- aktivitätsbasierten Filterkriterien – das Filtern von Emittenten auf der Grundlage ihrer Beteiligung an Aktivitäten mit erheblichen negativen Auswirkungen auf die Gesellschaft oder die Umwelt, darunter Emittenten, bei denen aufgrund der Filterkriterien für Kontroversen eine„sehr gravierende“ Kontroverse vorliegt, die im Bereich
- Umwelt,
- Menschenrechte und Gemeinschaften,
- Arbeitnehmerrechte und Lieferkette,
- Kunden,
- Governance angesiedelt ist; und anhand von
	- PAI-Indikatoren.  Quantitative Daten (sofern verfügbar) zu PAI-Indikatoren werden verwendet, um zu bewerten, ob ein Emittent an Aktivitäten beteiligt ist, die einem Umwelt- oder Sozialziel erheblichen Schaden zufügen.


Bei den wichtigsten nachteiligen Auswirkungen handelt es sich um die bedeutendsten nachteiligen Auswirkungen von Investitionsentscheidun- gen auf NachhaItigkeitsfaktoren in den Bereichen Umwelt, Soziales und Beschäftigung, Achtung der Menschenrechte und Bekämpfung von Korruption und Bestechung.
Wie wurden die Indikatoren für nachteilige Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Wie oben beschrieben führt Fidelity eine quantitative Bewertung durch, um Emittenten mit einer problematischen Leistung bei PAI-Indikatoren zu ermitteln. Emittenten mit einer niedrigen Punktzahl kommen nur dann für „nachhaltige Anlagen“ infrage, wenn die Fundamentalresearch von Fidelity feststellt, dass der Emittent nicht gegen die Anforderungen verstößt, „keinen wesentlichen Schaden anrichtet“ oder sich auf einem guten Weg befindet, um die nachteiligen Auswirkungen durch effektives Management oder einen Übergang abzumildern.
Wie stehen die nachhaltigen Investitionen mit den OECD-Leitsätzen für multinationale Unternehmen und den Leitprinzipien der Vereinten Nationen für Wirtschaft und Menschenrechte in Einklang?
Es werden normenbasierte Filterkriterien angewendet: Emittenten, bei denen festgestellt wurde, dass sie sich nicht in einer Weise verhalten, die ihrer grundlegenden Verantwortung in den Bereichen Menschenrechte, Arbeit, Umwelt und Korruptionsbekämpfung im Einklang mit internationalen Normen gerecht wird, darunter denjenigen, die in den OECD-Leitsätzen für multinationale Unternehmen, den Leitprinzipien der Vereinten Nationen für Wirtschaft und Menschenrechte, dem UN Global Compact (UNGC) und den Konventionen der Internationalen Arbeitsorganisation (ILO) festgelegt sind, kommen für nachhaltige Investitionen nicht infrage.

###### Werden bei diesem Finanzprodukt die wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Ja
- NeinDie wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren werden mit Hilfe einer Vielzahl von Instrumenten berücksichtigt und in Anlageentscheidungen einbezogen. Hierzu zählen:
- Due Diligence – Analyse, ob die wichtigsten nachteiligen Auswirkungen (PAI) wesentlich undnegativ sind.
- ESG-Rating – Fidelity bezieht sich auf ESG-Ratings, die wesentliche nachteilige Auswirkungen wie CO2-Emissionen, Mitarbeitersicherheit, Bestechung und Korruption sowie Wassermanagement berücksichtigen, und bei den von Staaten ausgegebenen Wertpapieren berücksichtigen die verwendeten Ratings wichtige nachteilige Auswirkungen (PAI) wie CO2-Emissionen, Sozialverstöße und die Meinungsfreiheit.
- Ausschlusskriterien – Bei Direktanlagen in Unternehmen als Emittenten wendet der Teilfonds die (unten definierten) Ausschlusskriterien an, um die wichtigsten nachteiligen Auswirkungen abzumildern. Dazu schließt er schädliche Sektoren aus und verbietet Investitionen in Emittenten, die gegen internationale Standards wie den UNGC verstoßen.
- Mitwirkung – Fidelity nutzt Mitwirkung als ein Instrument, um die wichtigsten nachteiligen Auswirkungen besser zu verstehen und sich unter bestimmten Umständen für die Abmilderung der wichtigsten nachteiligen Auswirkungen einzusetzen. Fidelity beteiligt sich an relevanten individuellen und kollaborativen Arten der Mitwirkung, die auf eine Reihe von wichtigen negativen Auswirkungen abzielen (z. B. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Abstimmungsverhalten – Die Abstimmungspolitik von Fidelity umfasst bei Unternehmen als Emittenten explizite Mindeststandards für die Geschlechtervielfalt im Aufsichtsrat und die Auseinandersetzung mit dem Klimawandel. Fidelity kann auch auf eine Weise abstimmen, dass die wichtigsten nachteiligen Auswirkungen abgemildert werden.
- Vierteljährliche Überprüfungen – Überwachung der wichtigsten nachteiligen Auswirkungen (PAI) durch den vierteljährlichen Überprüfungsprozess des Teilfonds.

Wenn es um die Frage geht, ob Investitionen eine wesentliche nachteilige Auswirkung haben, berücksichtigt Fidelity für jeden Nachhaltigkeitsfaktor spezifische Indikatoren. Diese Indikatoren hängen von der Datenverfügbarkeit ab und können sich mit zunehmender Datenqualität und
-verfügbarkeit weiterentwickeln.
Informationen über die wichtigsten nachteiligen Auswirkungen werden im Jahresbericht des Teilfonds zur Verfügung gestellt.

###### Welche Anlagestrategie wird mit diesem Finanzprodukt verfolgt?
Die Anlagestrategie dient aIs Richtschnur für Investitionsentscheidun- gen, wobei bestimmte Kriterien wie beispielsweise Investitionsziele oder Risikotoleranz
berücksichtigt werden.
Der Teilfonds investiert in Unternehmen, die einen Beitrag zu Umwelt- oder Sozialzielen leisten und an mindestens einem SDG orientiert sind, die keinen erheblichen Schaden anrichten und Mindestanforderungen an Absicherung und gute Unternehmensführung erfüllen.
Innerhalb dieses Anlageuniversums wählt der Investmentmanager Aktien mit Hilfe rigoroser Bottom-up-Finanzanalysen und -bewertungen aus, um Aktien mit einem Potenzial für hohe Anlagerenditen auszuwählen.
Schlüsselkomponenten der Anlagestrategie:
- nachhaltige Anlagen; mindestens 80% dieser Vermögenswerte werden nachhaltig angelegt.
- Beitrag zu Umwelt- oder Sozialzielen, die an mindestens einem SDG orientiert sind; alle Unternehmen im Teilfonds müssen einen Anteil (von mehr als Null) an Geschäftstätigkeiten aufweisen, die zu Umwelt- oder Sozialzielen beitragen, die an SDGs orientiert sind.
- Keinen wesentlichen Schaden anrichten; der Teilfonds wendet das oben beschriebene Kriterium „Keinen wesentlichen Schaden anrichten“ auf alle im Teilfonds gehaltenen Direktanlagen an.
- Mindestabsicherungen; Der Fonds schließt Direktanlagen in Unternehmen aus, die ihre Geschäfte nicht in Übereinstimmung mit anerkannten internationalen Normen betreiben, darunter die OECD-Leitsätze für multinationale Unternehmen, die Leitprinzipien der Vereinten Nationen für Wirtschaft und Menschenrechte, der UN Global Compact (UNGC) und die Übereinkommen der Internationalen Arbeitsorganisation (ILO).
- Gute Unternehmensführung; Alle Beteiligungsunternehmen des Teilfonds werden auf Kontroversen überprüft, darunter auf Steuer-, Bestechungs- und Korruptionsvorwürfe.
- Ausschlusskriterien; in Bezug auf seine Direktanlagen gilt für den Teilfonds:
	- eine unternehmensweite Ausschlussliste, die Streumunition und Antipersonenlandminen umfasst; und
	- eine prinzipienbasierte Ausschlussrichtlinie, die Folgendes umfasst:
		- normenbasierte Filterung von Emittenten, die nach Ansicht des Investmentmanagers ihre Geschäfte nicht im Einklang mit internationalen Normen, darunter denen des UNGC, durchgeführt haben; und
		- Negativfilterung bestimmter Sektoren, Emittenten oder Praktiken auf der Grundlage konkreter ESG-Kriterien, bei denen zudem Umsatzschwellen angewendet werden können.



Es liegt im Ermessen des Investmentmanagers, unter Berücksichtigung des jeweiligen Anlageprozesses von Zeit zu Zeit zusätzliche Nachhaltigkeits- und Ausschlusskriterien anzuwenden.
Die oben genannten Ausschluss- und Filterkriterien (die „Ausschlusskriterien“) werden möglicherweise von Zeit zu Zeit aktualisiert. Weitere Informationen erhalten Sie auf der Website Sustainable investing framework (fidelityinternational.com).
Darüber hinaus bewertet der Teilfonds die ESG-Ratings (entweder basierend auf externen Ratings oder den ESG-Ratings von Fidelity) von mindestens 90% des Fondsvermögens und das Anlageuniversum des Teilfonds wird wegen des Ausschlusses von Emittenten aufgrund ihrer ESG-Eigenschaften um mindestens 20% reduziert.
Worin bestehen die verbindlichen Elemente der Anlagestrategie, die für die Auswahl der Investitionen zur Erreichung des nachhaltigen Investitionsziels verwendet werden?
Der Teilfonds investiert mindestens 80% seines Vermögens in nachhaltige Anlagen, von denen mindestens 0% ein Umweltziel verfolgen, das sich an der EU-Taxonomie orientiert, mindestens 10% ein Umweltziel (das sich nicht an der EU-Taxonomie orientiert) und mindestens 30% ein Sozialziel;
letzteres allerdings unter der Voraussetzung, dass besagte Investitionen keines dieser Ziele wesentlich gefährden und dass die Beteiligungsunternehmen die Regeln guter Unternehmensführung einhalten.
Um das Ziel für nachhaltige Anlagen zu erreichen, verpflichtet sich der Teilfonds zur Auswahl von Unternehmen, deren wirtschaftliche Tätigkeit zu einem Umwelt- oder Sozialziel beiträgt, das, wie im Abschnitt zur Anlagestrategie weiter oben beschrieben, mit einem oder mehreren der SDG in Einklang steht.
Darüber hinaus bewertet der Fonds die ESG-Ratings (entweder anhand externer Ratings oder der Fidelity ESG-Ratings) von mindestens 90% des Fondsvermögens und verkleinert das Anlageuniversum des Teilfonds bei der Auswahl der Anlagen aufgrund des Ausschlusses von Emittenten wegen ihrer ESG-Eigenschaften um mindestens 20%.
Der Teilfonds wird die Ausschlusskriterien, wie oben beschrieben, systematisch anwenden.
Die Verfahrensweisen einer guten
Unternehmensführung umfassen solide Managementstrukturen, die Beziehungen zu den Arbeitnehmern, die Vergütung von Mitarbeitern sowie die Einhaltung der Steuervorschriften.
Wie werden die Verfahrensweisen einer guten Unternehmensführung der Unternehmen, in die investiert wird, bewertet?
Alle Beteiligungsunternehmen werden auf Kontroversen überprüft, darunter auf Steuer-, Bestechungs- und Korruptionsvorwürfe, um dazu beizutragen, die Anforderungen an eine verantwortungsvolle Unternehmensführung für Beteiligungsunternehmen zu erfüllen. In Ergänzung dieser Ausschlusskriterien werden die Governance-Praktiken von Emittenten mittels Fundamental-Research bewertet.
Zu den wichtigsten der analysierten Fragen gehören die Erfolgsbilanz hinsichtlich: Kapitalallokation, finanzieller Transparenz, Transaktionen mit nahestehenden Unternehmen und Personen, Unabhängigkeit und Größe des Vorstands, Vergütung von Führungskräften, Wirtschaftsprüfung und interner Revision, Rechte der Minderheitsaktionäre und anderer Indikatoren.

###### Wie sehen die Vermögensallokation und der Mindestanteil der nachhaltigen Investitionen aus?
Die Vermögensallokation gibt den jeweiligen Anteil der Investitionen in bestimmte Vermögenswerte an.
Taxonomiekonforme Tätigkeiten, ausgedrückt durch den Anteil der:
- Umsatzerlöse, die den Anteil der Einnahmen aus umweltfreundlichenAktivitäten der Unternehmen, in die investiert wird, widerspiegeln
- Investitionsausgaben (CapEx), die die umweltfreundlichen Investitionen der Unternehmen, in die investiert wird, aufzeigen,z.B. für den Übergang zu einer grünen Wirtschaft- Betriebsausgaben (OpEx), die die umweltfreundlichenbetrieblichen Aktivitäten der Unternehmen, in die investiert wird, widerspiegeln(#1 Nachhaltig) Der Teilfonds investiert mindestens 80% seines Vermögens in nachhaltige Anlagen, von denen mindestens 0% ein Umweltziel verfolgen, das an der EU-Taxonomie orientiert ist, mindestens 10% ein Umweltziel (das nicht an der EU-Taxonomie orientiert ist) und mindestens 30% ein Sozialziel haben. Die übrigen nachhaltigen Anlagen des Teilfonds können ein Umwelt- oder Sozialziel verfolgen.

Wie wird durch den Einsatz von Derivaten das nachhaltige lnvestitionsziel erreicht?
Wenn davon ausgegangen wird, dass das einem Derivat zugrunde liegende Wertpapier zum nachhaltigen Anlageziel des Teilfonds beiträgt, darf das Derivat eingesetzt werden, um zur Erreichung des nachhaltigen Anlageziels beizutragen.
In welchem Mindestmaß sind nachhaltige Investitionen mit einem Umweltziel mit der EU-Taxonomie konform?
Der Teilfonds investiert mindestens 0% in nachhaltige Anlagen mit einem Umweltziel, die mit der EU-Taxonomie konform sind.
Die Konformität der Anlagen des Teilfonds mit der EU-Taxonomie wird nicht durch Wirtschaftsprüfer oder mittels einer Überprüfung durch Dritte sichergestellt.
Die Ausrichtung der zugrunde liegenden Anlagen des Teilfonds an der EU-Taxonomie wird anhand des Umsatzes gemessen.
Investiert das Finanzprodukt in Aktivitäten im Zusammenhang mit fossilem Gas und/oder Kernenergie, die der EU-Taxonomie¹ entsprechen?
- JaNein
- In fossiles Gas	In Kernenergie¹ Tätigkeiten im Bereich fossiles Gas und/oder Kernenergie sind nur dann EU-taxonomiekonform, wenn sie zur Eindämmung des Klimawandels („Klimaschutz“) beitragen und kein Ziel der EU-Taxonomie erheblich beeinträchtigen – siehe Erläuterung am linken Rand. Die vollständigen Kriterien für EU-taxonomiekonforme Wirtschaftstätigkeiten im Bereich fossiles Gas und Kernenergie sind in der Delegierten Verordnung (EU) 2022/1214 der Kommission festgelegt.

Wie wird durch den Einsatz von Derivaten das nachhaltige lnvestitionsziel erreicht?
Der Teilfonds investiert mindestens 0% in Übergangstätigkeiten und ermöglichende Tätigkeiten.
Wie hoch ist der Mindestanteil nachhaltiger Investitionen mit einem Umweltziel, die nicht mit der EU-Taxonomie konform sind?
Der Teilfonds investiert mindestens 10% in nachhaltige Anlagen mit einem Umweltziel, das nicht mit der EU-Taxonomie konform ist.
Die Anlagen können zwar mit der EU-Taxonomie konform sein, aber der Investmentmanager ist derzeit nicht in der Lage, den genauen Anteil der Anlagen des Teilfonds anzugeben, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftstätigkeiten berücksichtigen. Die Position wird jedoch weiterhin überprüft, wenn die zugrunde liegenden Regeln festgelegt sind und im Laufe der Zeit mehr zuverlässige Daten zur Verfügung stehen.
Wie hoch ist der Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel?
Der Teilfonds investiert mindestens 30% in nachhaltige Anlagen mit einem Sozialziel.
Welche Investitionen fallen unter ,,#2 Nicht nachhaltige Investitionen", welcher
Anlagezweck wird mit ihnen verfolgt und gibt es einen ökologischen oder sozialen Mindestschutz?
Investitionen, die unter „# 2 Nicht nachhaltig“ genannt werden, können erfolgen in: liquide Mittel, Absicherungsgeschäfte und Geschäfte für effiziente Portfolioverwaltung.
Darüber hinaus darf keine der Direktanlagen des Teilfonds eines der Ausschlusskriterien erfüllen und den Umwelt- oder Sozialzielen keinen nennenswerten Schaden zufügen. Die entsprechenden Unternehmen müssen gute Governance-Praktiken einhalten und dürfen die Verwirklichung des Anlageziels „Nachhaltigkeit“ nicht beeinträchtigen.

###### Wurde zur Erreichung des nachhaltigen Investitionsziels ein bestimmter Index als Referenzwert bestimmt?
Es wird kein bestimmter Index als Benchmark angegeben, um festzustellen, ob das nachhaltige Anlageziel erreicht wird.
Bei den Referenzwerten handelt es sich um Indizes, mit denen gemessen wird, ob das nachhaltige Investitionsziel des Finanzprodukts erreicht wird.
Inwiefern werden bei dem Referenzwert Nachhaltigkeitsfaktoren kontinuierlich im Einklang mit dem nachhaltigen Investitionsziel berücksichtigt?
Diese Frage ist hier nicht relevant.
Wie wird die kontinuierliche Ausrichtung der Anlagestrategie auf die Indexmethode sichergestellt?
Diese Frage ist hier nicht relevant.
Wie unterscheidet sich der bestimmte Index von einem relevanten breiten Marktindex?
Diese Frage ist hier nicht relevant.
Wo kann die Methode zur Berechnung des bestimmten Indexes eingesehen werden?
Diese Frage ist hier nicht relevant.

###### 	Wo kann ich im Internet weitere produktspezifische Informationen finden?
Weitere produktspezifische Informationen finden Sie auf der Website: https:/www.fidelity.lu/funds/factsheet/LU2544614667/tab-disclosure#SFDR-disclosure. 
Weitere Informationen zu den hier dargelegten Methoden finden Sie auf der Website: System fürnachhaltiges Investieren (fidelityinternational.com).
Vorvertragliche Informationen zu den in Artikel 8 Absätze 1, 2 und 2a der Verordnung (EU) 2019/2088 und Artikel 6 Absatz 1 der Verordnung (EU) 2020/852 genannten Finanzprodukten
Name des Produkts:	Unternehmenskennung (LEI- Code):
Fidelity Funds - Sustainable Japan Equity Fund	549300CGT4V2XYYG0Y90

###### Ökologische und/oder soziale Merkmale
| Werden mit diesem Finanzprodukt nachhaltige Investitionen angestrebt? |
| --- |
|  | - Ja
 |  | Nein |
| - Es wird damit ein MindestanteiI an nachhaltigen Investitionen mit einem Umweltziel getätigt:%
	- in Wirtschaftstätigkeiten, die nach derEU-Taxonomie als ökologisch nachhaltig einzustufen sind

- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie nicht als ökologisch nachhaltig einzustufen sind
- Es wird damit ein Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel getätigt:%
 | Es werden damit ökologische/soziale Merkmale beworben und obwohl keine nachhaltigen Investitionen angestrebt werden, enthält es einen Mindestanteil von 25% an nachhaltigen Investitionen. - mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie als ökologisch nachhaltig einzustufen sindmit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie nicht als ökologisch nachhaltig einzustufen sindmit einem sozialen Ziel
- Es	werden		damit	ökologische/soziale Merkmale	beworben,		aber	keinenachhaltigen Investitionen getätigt.
 |

Welche ökologischen und/ oder sozialen Merkmale werden mit diesem Finanzprodukt beworben?
Mit Nachhaltigkeitsin- dikatoren wird gemessen, inwieweit die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht werden.
Der Teilfonds fördert Umwelt- und Sozialeigenschaften, indem er in Wertpapiere von Emittenten mit guten ESG-Eigenschaften investiert. Gute ESG-Eigenschaften werden anhand von ESG-Ratings ermittelt. ESG-Ratings berücksichtigen Umwelteigenschaften wie CO2-Intensität, CO2-Emissionen, Energieeffizienz, Wasser- und Abfallmanagement und Biodiversität sowie Sozialeigenschaften wie Produktsicherheit, Lieferkette, Gesundheit und Sicherheit sowie Menschenrechte.
Der Teilfonds ist in gewissem Maße bestrebt, nachhaltige Anlagen zu tätigen.
Es wird keine Referenzbenchmark festgelegt, um die geförderten Umwelt- und Sozialeigenschaften zu erreichen.
einzelnen ökologischen oder sozialen Merkmale, die durch dieses Finanzprodukt beworben werden, herangezogen?
Der Teilfonds verwendet die folgenden Nachhaltigkeitsindikatoren, um die Ausprägung der von ihm geförderten Umwelt- oder Sozialeigenschaften zu messen:
- der  Prozentsatz des Teilfonds, der in Wertpapieren von Emittenten mit guten ESG-Eigenschaften im Einklang mit dem System für nachhaltiges Investieren von Fidelity investiert ist;
- in Bezug auf seine Direktanlagen der Prozentsatz des Teilfonds, der in Wertpapiere von Emittenten investiert ist, auf die Ausschlusskriterien (wie unten definiert) zutreffen;
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen investiert ist; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel bei Wirtschaftsaktivitäten investiert ist, die gemäß der EU-Taxonomie nicht als ökologisch nachhaltig gelten; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel investiert ist.

Welches sind die Ziele der nachhaltigen Investitionen, die mit dem
Finanzprodukt teilweise getätigt werden sollen, und wie trägt die nachhaltige Investition zu diesen Zielen bei?
Der Teilfonds ermittelt wie folgt, ob eine Anlage nachhaltig ist:
- Emittenten, die wirtschaftliche Tätigkeiten ausüben, die zu einem oder mehreren der in der EU-Taxonomie festgelegten Umweltziele beitragen und gemäß der EU-Taxonomie als ökologisch nachhaltig gelten; oder
- Emittenten, bei denen der Großteil ihrer Geschäftstätigkeit (mehr als 50% des Umsatzes) zu Umwelt- oder Sozialzielen beiträgt, die mit einem oder mehreren der Ziele der Vereinten Nationen für nachhaltige Entwicklung („SDG“) in Einklang stehen; oder
- Emittenten, die ein Dekarbonisierungsziel festgelegt haben, das mit einem Temperaturanstiegsszenario mit 1,5 Grad oder weniger vereinbar ist (überprüft durch die Science Based Target Initiative oder ein Fidelity Proprietary Climate Rating), das als Beitrag zu Umweltzielen angesehen wird;sofern sie keinen wesentlichen Schaden anrichten, Mindestabsicherungen bieten und gute Governance-Kriterien aufweisen.

teilweise getätigt werden sollen, keinem der ökologischen oder sozialen nachhaltigen Anlageziele erheblich schaden?
Nachhaltige Anlagen werden auf ihre Beteiligung an Aktivitäten überprüft, die erheblichen Schaden und Kontroversen verursachen, und durch eine Kontrolle bewertet, ob der Emittent Mindestabsicherungen und -standards hinsichtlich der wichtigsten nachteiligen Auswirkungen (PAI) sowie für die Leistung bei den PAI-Kennzahlen umsetzt bzw. erfüllt. Dazu gehören:
- Normenbasierte Filterkriterien – das Filtern von Wertpapieren, die gemäß den bestehenden (unten beschriebenen) normenbasierten Filterkriterien von Fidelity ermittelt wurden, anhand von:
- aktivitätsbasierten Filterkriterien – das Filtern von Emittenten auf der Grundlage ihrer Beteiligung an Aktivitäten mit erheblichen negativen Auswirkungen auf die Gesellschaft oder die Umwelt, darunter Emittenten, bei denen aufgrund der Filterkriterien für Kontroversen eine„sehr gravierende“ Kontroverse vorliegt, die im Bereich
- Umwelt,
- Menschenrechte und Gemeinschaften,
- Arbeitnehmerrechte und Lieferkette,
- Kunden,
- Governance angesiedelt ist; und anhand von
	- PAI-Indikatoren. Quantitative Daten (sofern verfügbar) zu PAI-Indikatoren werden verwendet, um zu bewerten, ob ein Emittent an Aktivitäten beteiligt ist, die einem Umwelt- oder Sozialziel erheblichen Schaden zufügen.


Bei den wichtigsten nachteiligen Auswirkungen handelt es sich um die bedeutendsten nachteiligen Auswirkungen von Investitionsentscheidun- gen auf NachhaItigkeitsfaktoren in den Bereichen Umwelt, Soziales und Beschäftigung, Achtung der Menschenrechte und Bekämpfung von Korruption und Bestechung.
Wie wurden die Indikatoren für nachteilige Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Für nachhaltige Anlagen, wie oben beschrieben, führt Fidelity eine quantitative Bewertung  durch,  um  Unternehmen  mit  einer  problematischen  Leistung  bei PAI-Indikatoren zu ermitteln. Emittenten mit einer niedrigen Punktzahl kommen nur dann für „nachhaltige Anlagen“ infrage, wenn die Fundamentalresearch von Fidelity feststellt, dass der Emittent nicht gegen die Anforderungen verstößt, „keinen wesentlichen Schaden anrichtet“ oder sich auf einem Weg befindet, um die nachteiligen Auswirkungen durch effektives Management oder einen Übergang abzumildern.
Wie stehen die nachhaltigen Investitionen mit den OECD-Leitsätzen für multinationale Unternehmen und den Leitprinzipien der Vereinten Nationen für Wirtschaft und
Menschenrechte in Einklang? Nähere Angaben:
Es werden normenbasierte Filterkriterien angewendet: Emittenten, bei denen festgestellt wurde, dass sie sich nicht in einer Weise verhalten, die ihrer grundlegenden Verantwortung in den Bereichen Menschenrechte, Arbeit, Umwelt und Korruptionsbekämpfung im Einklang mit internationalen Normen gerecht wird, darunter denjenigen, die in den OECD-Leitsätzen für multinationale Unternehmen, den Leitprinzipien der Vereinten Nationen für Wirtschaft und Menschenrechte, dem UN Global Compact (UNGC) und den IAO-Standards der Internationalen Arbeitsorganisation (ILO) festgelegt sind, kommen für nachhaltige Investitionen nicht infrage.
In der EU-Taxonomie ist der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" festgelegt, nach dem taxonomiekonforme Investitionen die Ziele der EU-Taxonomie nicht erheblich beeinträchtigen dürfen, und es sind spezifische EU-Kriterien beigefügt. Der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" findet nur bei denjenigen dem Finanzprodukt zugrunde liegenden Investitionen Anwendung, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten berücksichtigen. Die dem verbleibenden Teil dieses  Finanzprodukts zugrunde  liegenden Investitionen berücksichtigen nicht die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten. Alle anderen nachhaltigen Investitionen dürfen ökologische oder soziale Ziele ebenfalls nicht erheblich beeinträchtigen.

###### Werden bei diesem Finanzprodukt die wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Ja
- NeinDie wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren werden mit Hilfe einer Vielzahl von Instrumenten berücksichtigt und in Anlageentscheidungen einbezogen. Hierzu zählen:
- Due Diligence – Analyse, ob die wichtigsten nachteiligen Auswirkungen (PAI) wesentlich und negativ sind.
- ESG-Rating – Fidelity bezieht sich auf ESG-Ratings, die wesentliche nachteilige Auswirkungen wie CO2-Emissionen, Mitarbeitersicherheit, Bestechung und Korruption sowie Wassermanagement berücksichtigen, und bei den von Staaten ausgegebenen Wertpapieren berücksichtigen die verwendeten Ratings wichtige nachteilige Auswirkungen (PAI) wie CO2-Emissionen, Sozialverstöße und die Meinungsfreiheit.
- Ausschlusskriterien – Bei Direktanlagen in Unternehmen als Emittenten wendet der Teilfonds die (unten definierten) Ausschlusskriterien an, um die wichtigsten nachteiligen Auswirkungen abzumildern. Dazu schließt er schädliche Sektoren aus und verbietet Investitionen in Emittenten, die gegen internationale Standards wie den UNGC verstoßen.
- Mitwirkung – Fidelity nutzt Mitwirkung als ein Instrument, um die wichtigsten nachteiligen Auswirkungen besser zu verstehen und sich unter bestimmten Umständen für die Abmilderung der wichtigsten nachteiligen Auswirkungen einzusetzen. Fidelity beteiligt sich an relevanten individuellen und kollaborativen Arten der Mitwirkung, die auf eine Reihe von wichtigen negativen Auswirkungen abzielen (z. B. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Abstimmungsverhalten – Die Abstimmungspolitik von Fidelity umfasst bei Unternehmen als Emittenten explizite Mindeststandards für die Geschlechtervielfalt im Aufsichtsrat und die Auseinandersetzung mit dem Klimawandel. Fidelity kann auch auf eine Weise abstimmen, dass die wichtigsten nachteiligen Auswirkungen abgemildert werden.
- Vierteljährliche Überprüfungen – Überwachung der wichtigsten nachteiligen Auswirkungen (PAI) durch den vierteljährlichen Überprüfungsprozess des Teilfonds.

Wenn es um die Frage geht, ob Investitionen eine wesentliche nachteilige Auswirkung haben, berücksichtigt Fidelity für jeden Nachhaltigkeitsfaktor spezifische Indikatoren. Diese Indikatoren hängen von der Datenverfügbarkeit ab und können sich mit zunehmender Datenqualität und
-verfügbarkeit weiterentwickeln.
Informationen über die wichtigsten nachteiligen Auswirkungen werden im Jahresbericht des Teilfonds zur Verfügung gestellt.

###### Welche Anlagestrategie wird mit diesem Finanzprodukt verfolgt?
Die Anlagestrategie dient aIs Richtschnur für Investitionsentscheidun- gen, wobei bestimmte Kriterien wie beispielsweise Investitionsziele oder Risikotoleranz
berücksichtigt werden.
Der Teilfonds gehört zur Familie der Fidelity Nachhaltigkeitsfonds und verfolgt eine auf Nachhaltigkeit ausgerichtete Strategie, nach der mindestens 70% des Nettovermögens des Teilfonds in Wertpapiere investiert werden, die gute ESG-Eigenschaften aufweisen.
Ob ESG-Eigenschaften gut sind, wird anhand von ESG-Ratings externer Agenturen und von Fidelity ESG-Ratings ermittelt.
Emittenten, deren Rating sie für die Zwecke des Primärziels (mindestens 70% des Vermögens) als ungeeignet zur Einstufung als Unternehmen mit guten ESG-Eigenschaften erscheinen lässt, können im Umfang von bis zu 30% des Nettovermögens aufgenommen werden, sofern sie nachweisen können, dass sie sich hinsichtlich ihrer ESG-Eigenschaften auf dem Weg der Besserung befinden.
Das durchschnittliche ESG-Rating des Teilfonds wird das durchschnittliche ESG-Rating des Anlageuniversums, (für die Zwecke dieser Berechnung) repräsentiert durch den TOPIX Total Return Index (der „Index“), nach Ausschluss von 20% der Index-Vermögenswerte mit den niedrigsten ESG-Ratings übersteigen.
Darüber hinaus wird der Investmentmanager Anlagen in Emittenten mit einem Fidelity ESG Rating von „C“ oder schlechter ausschließen.
Innerhalb dieses Anlageuniversums wählt der Investmentmanager Aktien mit Hilfe rigoroser Bottom-up-Finanzanalysen und -bewertungen aus, um Aktien mit einem Potenzial für hohe Anlagerenditen auszuwählen.
In Bezug auf seine Direktanlagen berücksichtigt der Teilfonds:
- eine unternehmensweite Ausschlussliste, die Streumunition und Antipersonenminen umfasst, und
- eine prinzipienbasierte Ausschlussrichtlinie, die Folgendes beinhaltet:
	- eine normenbasierte Filterung von Emittenten, die nach Auffassung des Investmentmanagers ihre Geschäfte nicht in Übereinstimmung mit internationalen Normen, darunter denen des UNGC, geführt haben; und
	- ein Filterkriterium, durch das bestimmte Sektoren, Emittenten oder Praktiken auf der Grundlage konkreter ESG-Kriterien ausgeschlossen werden können, wobei für diese Kriterien möglicherweise auch Umsatzschwellen angewendet werden.


Die oben genannten Ausschluss- und Filterkriterien (die „Ausschlusskriterien“) werden möglicherweise von Zeit zu Zeit aktualisiert. Weitere Informationen erhalten Sie auf der Website Sustainable investing framework (fidelityinternational.com).
Es steht zudem im Ermessen des Investmentmanagers, von Zeit zu Zeit erweiterte, strengere Nachhaltigkeitsanforderungen und Ausschlusskriterien anzuwenden.
Worin bestehen die verbindlichen Elemente der Anlagestrategie, die für die Auswahl der Investitionen zur Erfüllung der beworbenen ökologischen oder sozialen Ziele verwendet werden?
Der Teilfonds investiert:
- mindestens 70% seines Vermögens in Emittenten mit guten ESG-Eigenschaften;
- mindestens 25% in nachhaltige Anlagen, von denen mindestens 0% ein Umweltziel verfolgen, das sich an der EU-Taxonomie orientiert, mindestens 5% ein Umweltziel, das sich nicht an der EU-Taxonomie orientiert, und mindestens 5% ein Sozialziel.

Der Teilfonds bewertet die ESG-Eigenschaften von mindestens 90% seines Vermögens. Das durchschnittliche ESG-Rating des Teilfonds wird das durchschnittliche ESG-Rating des Anlageuniversums, repräsentiert durch den Index (wie oben definiert), nach Ausschluss von 20% der Index-Vermögenswerte mit den niedrigsten ESG-Ratings übersteigen.
Darüber hinaus wird der Teilfonds die oben beschriebenen Ausschlusskriterien wie oben beschrieben auf Direktanlagen anwenden.
Um welchen Mindestsatz wird der Umfang der vor der Anwendung dieser Anlagestrategie in Betracht gezogenen Investitionen reduziert?
Diese Frage ist hier nicht relevant.
Die Verfahrensweisen einer guten
Unternehmensführung umfassen solide Managementstrukturen, die Beziehungen zu den Arbeitnehmern, die Vergütung von Mitarbeitern sowie die Einhaltung der Steuervorschriften.
Wie werden die Verfahrensweisen einer guten Unternehmensführung der Unternehmen, in die investiert wird, bewertet?
Die Governance-Praktiken der Emittenten werden anhand von Fundamentalresearch bewertet, die Fidelity ESG-Ratings sowie Daten zu Kontroversen und Verstößen gegen den UN Global Compact berücksichtigt.
Zu den wichtigsten Punkten, die analysiert werden, gehören unter anderem die Erfolgsbilanz der Kapitalallokation, die finanzielle Transparenz, Transaktionen mit nahestehenden Parteien, die Unabhängigkeit und Größe des Vorstands, die Vergütung der Führungskräfte, die Abschlussprüfer und die interne Aufsicht sowie die Rechte der Minderheitsanteilinhaber.

###### Welche Vermögensallokation ist für dieses Finanzprodukt geplant?
Die Vermögensallokation gibt den jeweiligen Anteil der Investitionen in bestimmte Vermögenswerte an.
Taxonomiekonforme Tätigkeiten, ausgedrückt durch den Anteil der:
- Umsatzerlöse, die den Anteil der Einnahmen aus umweltfreundlichenAktivitäten der Unternehmen, in die investiert wird, widerspiegeln
- Investitionsausgaben (CapEx), die die umweltfreundlichen Investitionen der Unternehmen, in die investiert wird, aufzeigen,z.B. für den Übergang zu einer grünen Wirtschaft- Betriebsausgaben (OpEx), die die umweltfreundlichenbetrieblichen Aktivitäten der Unternehmen, in die investiert wird, widerspiegeln(#1 Ausgerichtet an E/S-Eigenschaften) Der Teilfonds investiert:
- mindestens 70% seines	Vermögens	in	Wertpapiere	von	Emittenten	mit	guten ESG-Eigenschaften,
- mindestens 25% seines Vermögens in nachhaltige (#1A nachhaltig) Anlagen, von denen mindestens 0% ein Umweltziel verfolgen (das an der EU-Taxonomie ausgerichtet ist), mindestens 5% ein Umweltziel haben (das nicht an der EU-Taxonomie ausgerichtet ist) und mindestens 5% ein Sozialziel haben. Die übrigen nachhaltigen Anlagen des Teilfonds können ein Umwelt- oder Sozialziel verfolgen.

Sonstige Umweltziele 5%
(#1B Sonstige E/S-Eigenschaften) Umfasst Wertpapiere von Emittenten mit guten ESG-Eigenschaften, die aber keine nachhaltigen Anlagen sind.
#1A Nachhaltige
Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale
70%
Investitionen 25%
#1B Andere ökologische oder soziale Merkmale
Soziales 5%
#2 Andere Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst Investitionen des Finanzprodukts, die zur Erreichung der beworbenen ökologischen oder sozialen Merkmale getätigt wurden.
#2 Andere Investitionen umfasst die übrigen Investitionen des Finanzprodukts, die weder auf ökologische oder soziale Merkmale ausgerichtet sind noch als nachhaltige Investitionen eingestuft werden.
Die Kategorie #1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst folgende Unterkategorien:
Die Unterkategorie #1A Nachhaltige Investitionen umfasst nachhaltige Investitionen mit ökologischen oder sozialen Zielen.
Die Unterkategorie #1B Andere ökologische oder soziale Merkmale umfasst Investitionen, die auf ökologische oder soziale Merkmale ausgerichtet sind, aber nicht als nachhaltige Investitionen eingestuft werden.
Inwiefern werden durch den Einsatz von Derivaten die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht?
Wenn das einem Derivat zugrunde liegende Wertpapier im Einklang mit dem System für nachhaltiges Investieren von Fidelity gute ESG-Eigenschaften aufweist, darf das Derivat zur Feststellung des Teilfondsanteils berücksichtigt werden, der Umwelt- oder Sozialeigenschaften fördert.
In welchem Mindestmaß sind nachhaltige Investitionen mit einem Umweltziel mit der EU-Taxonomie konform?
Der Teilfonds investiert mindestens 0% in nachhaltige Anlagen mit einem Umweltziel, die mit der EU-Taxonomie konform sind.
Die Konformität der Anlagen des Teilfonds mit der EU-Taxonomie wird nicht durch Wirtschaftsprüfer oder mittels einer Überprüfung durch Dritte sichergestellt.
Die Ausrichtung der zugrunde liegenden Anlagen des Teilfonds an der EU-Taxonomie wird anhand des Umsatzes gemessen.
Investiert das Finanzprodukt in Aktivitäten im Zusammenhang mit fossilem Gas und/oder Kernenergie, die der EU-Taxonomie¹ entsprechen?
- JaNein
- In fossiles Gas	In KernenergieWie hoch ist der Mindestanteil der Investitionen in Übergangstätigkeiten und ermöglichende Tätigkeiten?

Der Teilfonds investiert mindestens 0% in Übergangstätigkeiten und ermöglichende Tätigkeiten.
Wie hoch ist der Mindestanteil nachhaltiger Investitionen mit einem Umweltziel, die nicht mit der EU-Taxonomie konform sind?
Der Teilfonds investiert mindestens 5% in nachhaltige Anlagen mit einem Umweltziel, das nicht mit der EU-Taxonomie konform ist.
Die Anlagen können zwar mit der EU-Taxonomie konform sein, aber der Investmentmanager ist derzeit nicht in der Lage, den genauen Anteil der Anlagen des Teilfonds anzugeben, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftstätigkeiten berücksichtigen. Die Position wird jedoch weiterhin überprüft, wenn die zugrunde liegenden Regeln festgelegt sind und im Laufe der Zeit mehr zuverlässige Daten zur Verfügung stehen.
¹ Tätigkeiten im Bereich fossiles Gas und/oder Kernenergie sind nur dann EU-taxonomiekonform, wenn sie zur Eindämmung des Klimawandels („Klimaschutz“) beitragen und kein Ziel der EU-Taxonomie erheblich beeinträchtigen – siehe Erläuterung am linken Rand. Die vollständigen Kriterien für EU-taxonomiekonforme Wirtschaftstätigkeiten im Bereich fossiles Gas und Kernenergie sind in der Delegierten Verordnung (EU) 2022/1214 der Kommission festgelegt.
Wie hoch ist der Mindestanteil der sozial nachhaltigen Investitionen?
Der Teilfonds investiert mindestens 5% in nachhaltige Anlagen mit einem Sozialziel.
Welche Investitionen fallen unter ,,#2 Andere Investitionen", welcher Anlagezweck wird mit ihnen verfolgt und gibt es einen ökologischen oder sozialen Mindestschutz?
Die verbleibenden Anlagen des Teilfonds können in Wertpapieren von Emittenten erfolgen, die nachweisen können, dass sie sich in Bezug auf ihre ESG-Eigenschaften auf einem Kurs der Verbesserung befinden, und für Liquiditätszwecke in liquiden Mitteln und liquiden Mitteln gleichstehenden Mitteln sowie in Derivaten, die als Anlagen und für ein effizientes Portfoliomanagement eingesetzt werden können.
Zur Gewährleistung eines Mindestmaßes an Umwelt- und Sozialabsicherungen wendet der Teilfonds die Ausschlusskriterien an.

###### Wurde ein Index als Referenzwert bestimmt, um festzustellen, ob dieses Finanzprodukt auf die beworbenen ökologischen und/oder sozialen Merkmale ausgerichtet ist?
Es wird kein bestimmter Index als Referenzbenchmark angegeben, um festzustellen, ob dieses Finanzprodukt zu den geförderten Umwelt- oder Sozialeigenschaften passt.
Bei den Referenzwerten handelt es sich um Indizes, mit denen gemessen wird, ob das Finanzprodukt die beworbenen ökologischen oder sozialen Merkmale erreicht.
Inwiefern ist der Referenzwert kontinuierlich auf die mit dem Finanzprodukt beworbenen ökologischen und sozialen Merkmale ausgerichtet?
Diese Frage ist hier nicht relevant.
Wie wird die kontinuierliche Ausrichtung der Anlagestrategie auf die Indexmethode sichergestellt?
Diese Frage ist hier nicht relevant.
Wie unterscheidet sich der bestimmte Index von einem relevanten breiten Marktindex?
Diese Frage ist hier nicht relevant.
Wo kann die Methode zur Berechnung des bestimmten Indexes eingesehen werden?
Diese Frage ist hier nicht relevant.

###### 	Wo kann ich im Internet weitere produktspezifische Informationen finden?
Weitere produktspezifische Informationen finden Sie auf der Website: https:/www.fidelity.lu/funds/factsheet/LU0251130042/tab-disclosure#SFDR-disclosure. 
Weitere Informationen zu den hier dargelegten Methoden finden Sie auf der Website: System fürnachhaltiges Investieren (fidelityinternational.com).
Vorvertragliche Informationen zu den in Artikel 8 Absätze 1, 2 und 2a der Verordnung (EU) 2019/2088 und Artikel 6 Absatz 1 der Verordnung (EU) 2020/852 genannten Finanzprodukten
Name des Produkts:	Unternehmenskennung (LEI- Code):
Fidelity Funds - China Consumer Fund	5493007PTUTOK6CJU119

###### Ökologische und/oder soziale Merkmale
| Werden mit diesem Finanzprodukt nachhaltige Investitionen angestrebt? |
| --- |
|  | - Ja
 |  | Nein |
| - Es wird damit ein MindestanteiI an nachhaltigen Investitionen mit einem Umweltziel getätigt:%
	- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie als ökologisch nachhaltig einzustufen sind
	- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie nicht als ökologisch nachhaltig einzustufen sind

- Es wird damit ein Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel getätigt:%
 | Es werden damit ökologische/soziale Merkmale beworben und obwohl keine nachhaltigen Investitionen angestrebt werden, enthält es einen Mindestanteil von 5% an nachhaltigen Investitionen. - mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie als ökologisch nachhaltig einzustufen sindmit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie nicht als ökologisch nachhaltig einzustufen sindmit einem sozialen Ziel
- Es	werden		damit	ökologische/soziale Merkmale	beworben,		aber	keinenachhaltigen Investitionen getätigt.
 |

Welche ökologischen und/ oder sozialen Merkmale werden mit diesem Finanzprodukt beworben?
Mit Nachhaltigkeitsin- dikatoren wird gemessen, inwieweit die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht werden.
Der Teilfonds fördert Umwelt- und Sozialeigenschaften, indem er in Wertpapiere von Emittenten mit guten ESG-Eigenschaften investiert. Gute ESG-Eigenschaften werden anhand von ESG-Ratings ermittelt. ESG-Ratings berücksichtigen Umwelteigenschaften wie CO2-Intensität, CO2-Emissionen, Energieeffizienz, Wasser- und Abfallmanagement und Biodiversität sowie Sozialeigenschaften wie Produktsicherheit, Lieferkette, Gesundheit und Sicherheit sowie Menschenrechte.
Der Teilfonds ist in gewissem Maße bestrebt, nachhaltige Anlagen zu tätigen.
Es wird keine Referenzbenchmark festgelegt, um die geförderten Umwelt- und Sozialeigenschaften zu erreichen.
einzelnen ökologischen oder sozialen Merkmale, die durch dieses Finanzprodukt beworben werden, herangezogen?
Der Teilfonds verwendet die folgenden Nachhaltigkeitsindikatoren, um die Ausprägung der von ihm geförderten Umwelt- oder Sozialeigenschaften zu messen:
- der  Prozentsatz des Teilfonds, der in Wertpapieren von Emittenten mit guten ESG-Eigenschaften im Einklang mit dem System für nachhaltiges Investieren von Fidelity investiert ist;
- in Bezug auf seine Direktanlagen in Unternehmen als Emittenten der Prozentsatz des Teilfonds, der in Wertpapiere von Emittenten investiert ist, auf die Ausschlusskriterien (wie unten definiert) zutreffen;
- der Prozentsatz des Teilfonds, der in nachhaltige Anlagen investiert ist; und
- der Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Umweltziel bei Wirtschaftsaktivitäten investiert ist, die gemäß der EU-Taxonomie nicht als ökologisch nachhaltig gelten; und
- der Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel investiert ist.

Welches sind die Ziele der nachhaltigen Investitionen, die mit dem
Finanzprodukt teilweise getätigt werden sollen, und wie trägt die nachhaltige Investition zu diesen Zielen bei?
Der Teilfonds ermittelt wie folgt, ob eine Anlage nachhaltig ist:
- Emittenten, die wirtschaftliche Tätigkeiten ausüben, die zu einem oder mehreren der in der EU-Taxonomie festgelegten Umweltziele beitragen und gemäß der EU-Taxonomie als ökologisch nachhaltig gelten; oder
- Emittenten, bei denen der Großteil ihrer Geschäftstätigkeit (mehr als 50% des Umsatzes) zu ökologischen oder sozialen Zielen beiträgt, die mit einem oder mehreren der Ziele der Vereinten Nationen für nachhaltige Entwicklung („SDG“) in Einklang stehen; oder
- Emittenten, die ein Dekarbonisierungsziel festgelegt haben, das mit einem Temperaturanstiegsszenario mit 1,5 Grad oder weniger vereinbar ist (überprüft durch die Science Based Target Initiative oder ein Fidelity Proprietary Climate Rating), das als Beitrag zu Umweltzielen angesehen wird;sofern sie keinen wesentlichen Schaden anrichten, Mindestabsicherungen bieten und gute Governance-Kriterien aufweisen.

teilweise getätigt werden sollen, keinem der ökologischen oder sozialen nachhaltigen Anlageziele erheblich schaden?
Nachhaltige Anlagen werden auf ihre Beteiligung an Aktivitäten überprüft, die erheblichen Schaden und Kontroversen verursachen, und durch eine Kontrolle bewertet, ob der Emittent Mindestabsicherungen und -standards hinsichtlich der wichtigsten nachteiligen Auswirkungen (PAI) sowie die Leistung bei den PAI-Kennzahlen umsetzt bzw. erfüllt. Dazu gehören:
- Normenbasierte Filterkriterien – das Filtern von Wertpapieren, die gemäß den bestehenden (unten beschriebenen) normenbasierten Filterkriterien von Fidelity ermittelt wurden, anhand von:
- aktivitätsbasierten Filterkriterien – das Filtern von Emittenten auf der Grundlage ihrer Beteiligung an Aktivitäten mit erheblichen negativen Auswirkungen auf die Gesellschaft oder die Umwelt, darunter Emittenten, bei denen aufgrund der Filterkriterien für Kontroversen eine„sehr gravierende“ Kontroverse vorliegt, die im Bereich
- Umwelt,
- Menschenrechte und Gemeinschaften,
- Arbeitnehmerrechte und Lieferkette,
- Kunden,
- Governance angesiedelt ist; und anhand von
	- PAI-Indikatoren. Quantitative Daten (sofern verfügbar) zu PAI-Indikatoren werden verwendet, um zu bewerten, ob ein Emittent an Aktivitäten beteiligt ist, die einem Umwelt- oder Sozialziel erheblichen Schaden zufügen.


Bei den wichtigsten nachteiligen Auswirkungen handelt es sich um die bedeutendsten nachteiligen Auswirkungen von Investitionsentscheidun- gen auf NachhaItigkeitsfaktoren in den Bereichen Umwelt, Soziales und Beschäftigung, Achtung der Menschenrechte und Bekämpfung von Korruption und Bestechung.
Wie wurden die Indikatoren für nachteilige Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Für nachhaltige Anlagen, wie oben beschrieben, führt Fidelity eine quantitative Bewertung durch, um Emittenten mit einer problematischen Leistung bei PAI-Indikatoren zu ermitteln. Emittenten mit einer niedrigen Punktzahl kommen nur dann für „nachhaltige Anlagen“ infrage, wenn die Fundamentalresearch von Fidelity feststellt, dass der Emittent nicht gegen die Anforderungen verstößt, „keinen wesentlichen Schaden anrichtet“ oder sich auf einem guten Weg befindet, um die nachteiligen Auswirkungen durch effektives Management oder einen Übergang abzumildern.
Wie stehen die nachhaltigen Investitionen mit den OECD-Leitsätzen für multinationale Unternehmen und den Leitprinzipien der Vereinten Nationen für Wirtschaft und
Menschenrechte in Einklang? Nähere Angaben:
Es werden normenbasierte Filterkriterien angewendet: Emittenten, bei denen festgestellt wurde, dass sie sich nicht in einer Weise verhalten, die ihrer grundlegenden Verantwortung in den Bereichen Menschenrechte, Arbeit, Umwelt und Korruptionsbekämpfung im Einklang mit internationalen Normen gerecht wird, darunter denjenigen, die in den OECD-Leitsätzen für multinationale Unternehmen, den Leitprinzipien der Vereinten Nationen für Wirtschaft und Menschenrechte, dem UN Global Compact (UNGC) und den IAO-Standards der Internationalen Arbeitsorganisation (ILO) festgelegt sind, kommen für nachhaltige Investitionen nicht infrage.
In der EU-Taxonomie ist der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" festgelegt, nach dem taxonomiekonforme Investitionen die Ziele der EU-Taxonomie nicht erheblich beeinträchtigen dürfen, und es sind spezifische EU-Kriterien beigefügt. Der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" findet nur bei denjenigen dem Finanzprodukt zugrunde liegenden Investitionen Anwendung, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten berücksichtigen. Die dem verbleibenden Teil dieses  Finanzprodukts zugrunde  liegenden Investitionen berücksichtigen nicht die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten. Alle anderen nachhaltigen Investitionen dürfen ökologische oder soziale Ziele ebenfalls nicht erheblich beeinträchtigen.

###### Werden bei diesem Finanzprodukt die wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Ja
- NeinDie wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren werden mit Hilfe einer Vielzahl von Instrumenten berücksichtigt und in Anlageentscheidungen einbezogen. Hierzu zählen:
- Due Diligence – Analyse, ob die wichtigsten nachteiligen Auswirkungen (PAI) wesentlich und negativ sind.
- ESG-Rating – Fidelity bezieht sich auf ESG-Ratings, die wesentliche nachteilige Auswirkungen wie CO2-Emissionen, Mitarbeitersicherheit, Bestechung und Korruption sowie Wassermanagement berücksichtigen, und bei den von Staaten ausgegebenen Wertpapieren berücksichtigen die verwendeten Ratings wichtige nachteilige Auswirkungen (PAI) wie CO2-Emissionen, Sozialverstöße und die Meinungsfreiheit.
- Ausschlusskriterien – Bei Direktanlagen in Unternehmen als Emittenten wendet der Teilfonds die (unten definierten) Ausschlusskriterien an, um die wichtigsten nachteiligen Auswirkungen abzumildern. Dazu schließt er schädliche Sektoren aus und verbietet Investitionen in Emittenten, die gegen internationale Standards wie den UNGC verstoßen.
- Mitwirkung – Fidelity nutzt Mitwirkung als ein Instrument, um die wichtigsten nachteiligen Auswirkungen besser zu verstehen und sich unter bestimmten Umständen für die Abmilderung der wichtigsten nachteiligen Auswirkungen einzusetzen. Fidelity beteiligt sich an relevanten individuellen und kollaborativen Arten der Mitwirkung, die auf eine Reihe von wichtigen negativen Auswirkungen abzielen (z. B. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Abstimmungsverhalten – Die Abstimmungspolitik von Fidelity umfasst bei Unternehmen als Emittenten explizite Mindeststandards für die Geschlechtervielfalt im Aufsichtsrat und die Auseinandersetzung mit dem Klimawandel. Fidelity kann auch auf eine Weise abstimmen, dass die wichtigsten nachteiligen Auswirkungen abgemildert werden.
- Vierteljährliche Überprüfungen – Überwachung der wichtigsten nachteiligen Auswirkungen (PAI) durch den vierteljährlichen Überprüfungsprozess des Teilfonds.

Wenn es um die Frage geht, ob Investitionen eine wesentliche nachteilige Auswirkung haben, berücksichtigt Fidelity für jeden Nachhaltigkeitsfaktor spezifische Indikatoren. Diese Indikatoren hängen von der Datenverfügbarkeit ab und können sich mit zunehmender Datenqualität und
-verfügbarkeit weiterentwickeln.
Informationen über die wichtigsten nachteiligen Auswirkungen werden im Jahresbericht des Teilfonds zur Verfügung gestellt.
Die Anlagestrategie dient aIs Richtschnur für Investitionsentscheidun- gen, wobei bestimmte Kriterien wie beispielsweise Investitionsziele oder Risikotoleranz
berücksichtigt werden.
Mindestens 50% des Nettovermögens des Teilfonds werden in Wertpapiere investiert, die gute ESG-Eigenschaften aufweisen.
Ob ESG-Eigenschaften gut sind, wird anhand von ESG-Ratings externer Agenturen und von Fidelity ESG-Ratings ermittelt.
Innerhalb dieses Anlageuniversums wählt der Investmentmanager Aktien mit Hilfe rigoroser Bottom-up-Finanzanalysen und -bewertungen aus, um Aktien mit einem Potenzial für hohe Anlagerenditen auszuwählen.
In Bezug auf seine Direktanlagen in Unternehmensemittenten berücksichtigt der Teilfonds:
- eine unternehmensweite Ausschlussliste, die Streumunition und Antipersonenlandminen umfasst; und
- eine normenbasierte Filterung von Emittenten, die nach Ansicht des Investmentmanagers ihre Geschäfte nicht in Übereinstimmung mit internationalen Normen, darunter den im UNGC festgelegten, durchgeführt haben.

Die oben genannten Ausschluss- und Filterkriterien (die „Ausschlusskriterien“) werden möglicherweise von Zeit zu Zeit aktualisiert. Weitere Informationen erhalten Sie auf der Website Sustainable investing framework (fidelityinternational.com).
Es steht zudem im Ermessen des Investmentmanagers, von Zeit zu Zeit erweiterte, strengere Nachhaltigkeitsanforderungen und Ausschlusskriterien anzuwenden.
Worin bestehen die verbindlichen Elemente der Anlagestrategie, die für die Auswahl der Investitionen zur Erfüllung der beworbenen ökologischen oder sozialen Ziele verwendet werden?
Der Teilfonds investiert:
- mindestens  50%  seines  Vermögens in Wertpapiere von Emittenten mit guten ESG-Eigenschaften,
- mindestens 5% in nachhaltige Anlagen, von denen mindestens 0% ein Umweltziel aufweisen, das sich an der EU-Taxonomie orientiert, mindestens 1% ein Umweltziel, das sich nicht an der EU-Taxonomie orientiert, und mindestens 1% ein Sozialziel verfolgen.

Darüber hinaus wird der Teilfonds die oben beschriebenen Ausschlusskriterien systematisch anwenden.
Um welchen Mindestsatz wird der Umfang der vor der Anwendung dieser Anlagestrategie in Betracht gezogenen Investitionen reduziert?
Diese Frage ist hier nicht relevant.
Die Verfahrensweisen einer guten
Unternehmensführung umfassen solide Managementstrukturen, die Beziehungen zu den Arbeitnehmern, die Vergütung von Mitarbeitern sowie die Einhaltung der Steuervorschriften.
Wie werden die Verfahrensweisen einer guten Unternehmensführung der Unternehmen, in die investiert wird, bewertet?
Die Governance-Praktiken der Emittenten werden anhand von Fundamentalresearch bewertet, die Fidelity ESG-Ratings sowie Daten zu Kontroversen und Verstößen gegen den UN Global Compact berücksichtigt.
Zu den wichtigsten Punkten, die analysiert werden, gehören unter anderem die Erfolgsbilanz der Kapitalallokation, die finanzielle Transparenz, Transaktionen mit nahestehenden Parteien, die Unabhängigkeit und Größe des Vorstands, die Vergütung der Führungskräfte, die Abschlussprüfer und die interne Aufsicht sowie die Rechte der Minderheitsanteilinhaber.
Die Vermögensallokation gibt den jeweiligen Anteil der Investitionen in bestimmte Vermögenswerte an.
Taxonomiekonforme Tätigkeiten, ausgedrückt durch den Anteil der:
- Umsatzerlöse, die den Anteil der Einnahmen aus umweltfreundlichenAktivitäten der Unternehmen, in die investiert wird, widerspiegeln
- Investitionsausgaben (CapEx), die die umweltfreundlichen Investitionen der Unternehmen, in die investiert wird, aufzeigen,z.B. für den Übergang zu einer grünen Wirtschaft- Betriebsausgaben (OpEx), die die umweltfreundlichenbetrieblichen Aktivitäten der Unternehmen, in die investiert wird, widerspiegeln(#1 Ausgerichtet an E/S-Eigenschaften) Der Teilfonds investiert nach Möglichkeit:
- mindestens 50% seines	Vermögens	in	Wertpapiere	von	Emittenten	mit	guten ESG-Eigenschaften,
- mindestens 5% seines Vermögens in nachhaltige (#1A nachhaltig) Anlagen, von denen mindestens 0% ein Umweltziel verfolgen (das an der EU-Taxonomie ausgerichtet ist), mindestens 1% ein Umweltziel haben (das nicht an der EU-Taxonomie ausgerichtet ist) und mindestens 1% ein Sozialziel haben. Die übrigen nachhaltigen Anlagen des Teilfonds können ein Umwelt- oder Sozialziel verfolgen.

Sonstige Umweltziele 1%
(#1B Sonstige E/S-Eigenschaften) Umfasst Wertpapiere von Emittenten mit guten ESG-Eigenschaften, die aber keine nachhaltigen Anlagen sind.
#1A Nachhaltige
Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale
50%
Investitionen 5%
#1B Andere ökologische oder soziale Merkmale
Soziales 1%
#2 Andere Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst Investitionen des Finanzprodukts, die zur Erreichung der beworbenen ökologischen oder sozialen Merkmale getätigt wurden.
#2 Andere Investitionen umfasst die übrigen Investitionen des Finanzprodukts, die weder auf ökologische oder soziale Merkmale ausgerichtet sind noch als nachhaltige Investitionen eingestuft werden.
Die Kategorie #1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst folgende Unterkategorien:
Die Unterkategorie #1A Nachhaltige Investitionen umfasst nachhaltige Investitionen mit ökologischen oder sozialen Zielen.
Die Unterkategorie #1B Andere ökologische oder soziale Merkmale umfasst Investitionen, die auf ökologische oder soziale Merkmale ausgerichtet sind, aber nicht als nachhaltige Investitionen eingestuft werden.
Inwiefern werden durch den Einsatz von Derivaten die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht?
Wenn das einem Derivat zugrunde liegende Wertpapier im Einklang mit dem System für nachhaltiges Investieren von Fidelity gute ESG-Eigenschaften aufweist, darf das Derivat zur Feststellung des Teilfondsanteils berücksichtigt werden, der Umwelt- oder Sozialeigenschaften fördert.
In welchem Mindestmaß sind nachhaltige Investitionen mit einem Umweltziel mit der EU-Taxonomie konform?
Der Teilfonds investiert mindestens 0% in nachhaltige Anlagen mit einem Umweltziel, die mit der EU-Taxonomie konform sind.
Die Konformität der Anlagen des Teilfonds mit der EU-Taxonomie wird nicht durch Wirtschaftsprüfer oder mittels einer Überprüfung durch Dritte sichergestellt.
Die Ausrichtung der zugrunde liegenden Anlagen des Teilfonds an der EU-Taxonomie wird anhand des Umsatzes gemessen.
Investiert das Finanzprodukt in Aktivitäten im Zusammenhang mit fossilem Gas und/oder Kernenergie, die der EU-Taxonomie¹ entsprechen?
- JaNein
- In fossiles Gas	In KernenergieWie hoch ist der Mindestanteil der Investitionen in Übergangstätigkeiten und ermöglichende Tätigkeiten?

Der Teilfonds investiert mindestens 0% in Übergangstätigkeiten und ermöglichende Tätigkeiten.
Wie hoch ist der Mindestanteil nachhaltiger Investitionen mit einem Umweltziel, die nicht mit der EU-Taxonomie konform sind?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Umweltziel, das nicht mit der EU-Taxonomie konform ist.
Die Anlagen können zwar mit der EU-Taxonomie konform sein, aber der Investmentmanager ist derzeit nicht in der Lage, den genauen Anteil der Anlagen des Teilfonds anzugeben, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftstätigkeiten berücksichtigen. Die Position wird jedoch weiterhin überprüft, wenn die zugrunde liegenden Regeln festgelegt sind und im Laufe der Zeit mehr zuverlässige Daten zur Verfügung stehen.
¹ Tätigkeiten im Bereich fossiles Gas und/oder Kernenergie sind nur dann EU-taxonomiekonform, wenn sie zur Eindämmung des Klimawandels („Klimaschutz“) beitragen und kein Ziel der EU-Taxonomie erheblich beeinträchtigen – siehe Erläuterung am linken Rand. Die vollständigen Kriterien für EU-taxonomiekonforme Wirtschaftstätigkeiten im Bereich fossiles Gas und Kernenergie sind in der Delegierten Verordnung (EU) 2022/1214 der Kommission festgelegt.
Wie hoch ist der Mindestanteil der sozial nachhaltigen Investitionen?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Sozialziel.
Welche Investitionen fallen unter ,,#2 Andere Investitionen", welcher Anlagezweck wird mit ihnen verfolgt und gibt es einen ökologischen oder sozialen Mindestschutz?
Die verbleibenden Anlagen des Teilfonds erfolgen in Instrumenten, die zum Finanzziel des Teilfonds passen, und für Liquiditätszwecke in liquiden Mitteln und liquiden Mitteln gleichstehenden Mitteln sowie in Derivaten, die als Anlagen und für eine effiziente Portfolioverwaltung eingesetzt werden können.
Zur Gewährleistung eines Mindestmaßes an Umwelt- und Sozialabsicherungen wendet der Teilfonds die Ausschlusskriterien an.

###### Wurde ein Index als Referenzwert bestimmt, um festzustellen, ob dieses Finanzprodukt auf die beworbenen ökologischen und/oder sozialen Merkmale ausgerichtet ist?
Es wird kein bestimmter Index als Referenzbenchmark angegeben, um festzustellen, ob dieses Finanzprodukt zu den geförderten Umwelt- oder Sozialeigenschaften passt.
Bei den Referenzwerten handelt es sich um Indizes, mit denen gemessen wird, ob das Finanzprodukt die beworbenen ökologischen oder sozialen Merkmale erreicht.
Inwiefern ist der Referenzwert kontinuierlich auf die mit dem Finanzprodukt beworbenen ökologischen und sozialen Merkmale ausgerichtet?
Diese Frage ist hier nicht relevant.
Wie wird die kontinuierliche Ausrichtung der Anlagestrategie auf die Indexmethode sichergestellt?
Diese Frage ist hier nicht relevant.
Wie unterscheidet sich der bestimmte Index von einem relevanten breiten Marktindex?
Diese Frage ist hier nicht relevant.
Wo kann die Methode zur Berechnung des bestimmten Indexes eingesehen werden?
Diese Frage ist hier nicht relevant.

###### 	Wo kann ich im Internet weitere produktspezifische Informationen finden?
Weitere produktspezifische Informationen finden Sie auf der Website: https:/www.fidelity.lu/funds/factsheet/LU0594300096/tab-disclosure#SFDR-disclosure. 
Weitere Informationen zu den hier dargelegten Methoden finden Sie auf der Website: System fürnachhaltiges Investieren (fidelityinternational.com).
Vorvertragliche Informationen zu den in Artikel 8 Absätze 1, 2 und 2a der Verordnung (EU) 2019/2088 und Artikel 6 Absatz 1 der Verordnung (EU) 2020/852 genannten Finanzprodukten
Name des Produkts:	Unternehmenskennung (LEI- Code):
Fidelity Funds - China Focus Fund	549300N4B16KH4R75H69

###### Ökologische und/oder soziale Merkmale
| Werden mit diesem Finanzprodukt nachhaltige Investitionen angestrebt? |
| --- |
|  | - Ja
 |  | Nein |
| - Es wird damit ein MindestanteiI an nachhaltigen Investitionen mit einem Umweltziel getätigt:%
	- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie als ökologisch nachhaltig einzustufen sind
	- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie nicht als ökologisch nachhaltig einzustufen sind

- Es wird damit ein Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel getätigt:%
 | Es werden damit ökologische/soziale Merkmale beworben und obwohl keine nachhaltigen Investitionen angestrebt werden, enthält es einen Mindestanteil von 10% an nachhaltigen Investitionen. - mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie als ökologisch nachhaltig einzustufen sindmit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie nicht als ökologisch nachhaltig einzustufen sindmit einem sozialen Ziel
- Es	werden		damit	ökologische/soziale Merkmale	beworben,		aber	keinenachhaltigen Investitionen getätigt.
 |

Welche ökologischen und/ oder sozialen Merkmale werden mit diesem Finanzprodukt beworben?
Mit Nachhaltigkeitsin- dikatoren wird gemessen, inwieweit die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht werden.
Der Teilfonds fördert Umwelt- und Sozialeigenschaften, indem er in Wertpapiere von Emittenten mit guten ESG-Eigenschaften investiert. Gute ESG-Eigenschaften werden anhand von ESG-Ratings ermittelt. ESG-Ratings berücksichtigen Umwelteigenschaften wie CO2-Intensität, CO2-Emissionen, Energieeffizienz, Wasser- und Abfallmanagement und Biodiversität sowie Sozialeigenschaften wie Produktsicherheit, Lieferkette, Gesundheit und Sicherheit sowie Menschenrechte.
Der Teilfonds ist in gewissem Maße bestrebt, nachhaltige Anlagen zu tätigen.
Es wird keine Referenzbenchmark festgelegt, um die geförderten Umwelt- und Sozialeigenschaften zu erreichen.
einzelnen ökologischen oder sozialen Merkmale, die durch dieses Finanzprodukt beworben werden, herangezogen?
Der Teilfonds verwendet die folgenden Nachhaltigkeitsindikatoren, um die Ausprägung der von ihm geförderten Umwelt- oder Sozialeigenschaften zu messen:
- der  Prozentsatz des Teilfonds, der in Wertpapieren von Emittenten mit guten ESG-Eigenschaften im Einklang mit dem System für nachhaltiges Investieren von Fidelity investiert ist;
- in Bezug auf seine Direktanlagen in Unternehmen als Emittenten der Prozentsatz des Teilfonds, der in Wertpapiere von Emittenten investiert ist, auf die Ausschlusskriterien (wie unten definiert) zutreffen;
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen investiert ist; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel bei Wirtschaftsaktivitäten investiert ist, die gemäß der EU-Taxonomie nicht als ökologisch nachhaltig gelten; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel investiert ist.

Welches sind die Ziele der nachhaltigen Investitionen, die mit dem
Finanzprodukt teilweise getätigt werden sollen, und wie trägt die nachhaltige Investition zu diesen Zielen bei?
Der Teilfonds ermittelt wie folgt, ob eine Anlage nachhaltig ist:
- Emittenten, die wirtschaftliche Tätigkeiten ausüben, die zu einem oder mehreren der in der EU-Taxonomie festgelegten Umweltziele beitragen und gemäß der EU-Taxonomie als ökologisch nachhaltig gelten; oder
- Emittenten, bei denen der Großteil ihrer Geschäftstätigkeit (mehr als 50% des Umsatzes) zu ökologischen oder sozialen Zielen beiträgt, die mit einem oder mehreren der Ziele der Vereinten Nationen für nachhaltige Entwicklung („SDG“) in Einklang stehen; oder
- Emittenten, die ein Dekarbonisierungsziel festgelegt haben, das mit einem Temperaturanstiegsszenario mit 1,5 Grad oder weniger vereinbar ist (überprüft durch die Science Based Target Initiative oder ein Fidelity Proprietary Climate Rating), das als Beitrag zu Umweltzielen angesehen wird;sofern sie keinen wesentlichen Schaden anrichten, Mindestabsicherungen bieten und gute Governance-Kriterien aufweisen.

teilweise getätigt werden sollen, keinem der ökologischen oder sozialen nachhaltigen Anlageziele erheblich schaden?
Nachhaltige Anlagen werden auf ihre Beteiligung an Aktivitäten überprüft, die erheblichen Schaden und Kontroversen verursachen, und durch eine Kontrolle bewertet, ob der Emittent Mindestabsicherungen und -standards hinsichtlich der wichtigsten nachteiligen Auswirkungen (PAI) sowie die Leistung bei den PAI-Kennzahlen umsetzt bzw. erfüllt. Dazu gehören:
- Normenbasierte Filterkriterien – das Filtern von Wertpapieren, die gemäß den bestehenden (unten beschriebenen) normenbasierten Filterkriterien von Fidelity ermittelt wurden, anhand von:
- aktivitätsbasierten Filterkriterien – das Filtern von Emittenten auf der Grundlage ihrer Beteiligung an Aktivitäten mit erheblichen negativen Auswirkungen auf die Gesellschaft oder die Umwelt, darunter Emittenten, bei denen aufgrund der Filterkriterien für Kontroversen eine„sehr gravierende“ Kontroverse vorliegt, die im Bereich
- Umwelt,
- Menschenrechte und Gemeinschaften,
- Arbeitnehmerrechte und Lieferkette,
- Kunden,
- Governance angesiedelt ist; und anhand von
	- PAI-Indikatoren. Quantitative Daten (sofern verfügbar) zu PAI-Indikatoren werden verwendet, um zu bewerten, ob ein Emittent an Aktivitäten beteiligt ist, die einem Umwelt- oder Sozialziel erheblichen Schaden zufügen.


Bei den wichtigsten nachteiligen Auswirkungen handelt es sich um die bedeutendsten nachteiligen Auswirkungen von Investitionsentscheidun- gen auf NachhaItigkeitsfaktoren in den Bereichen Umwelt, Soziales und Beschäftigung, Achtung der Menschenrechte und Bekämpfung von Korruption und Bestechung.
Wie wurden die Indikatoren für nachteilige Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Für nachhaltige Anlagen, wie oben beschrieben, führt Fidelity eine quantitative Bewertung durch, um Emittenten mit einer problematischen Leistung bei PAI-Indikatoren zu ermitteln. Emittenten mit einer niedrigen Punktzahl kommen nur dann für „nachhaltige Anlagen“ infrage, wenn die Fundamentalresearch von Fidelity feststellt, dass der Emittent nicht gegen die Anforderungen verstößt, „keinen wesentlichen Schaden anrichtet“ oder sich auf einem guten Weg befindet, um die nachteiligen Auswirkungen durch effektives Management oder einen Übergang abzumildern.
Wie stehen die nachhaltigen Investitionen mit den OECD-Leitsätzen für multinationale Unternehmen und den Leitprinzipien der Vereinten Nationen für Wirtschaft und
Menschenrechte in Einklang? Nähere Angaben:
Es werden normenbasierte Filterkriterien angewendet: Emittenten, bei denen festgestellt wurde, dass sie sich nicht in einer Weise verhalten, die ihrer grundlegenden Verantwortung in den Bereichen Menschenrechte, Arbeit, Umwelt und Korruptionsbekämpfung im Einklang mit internationalen Normen gerecht wird, darunter denjenigen, die in den OECD-Leitsätzen für multinationale Unternehmen, den Leitprinzipien der Vereinten Nationen für Wirtschaft und Menschenrechte, dem UN Global Compact (UNGC) und den IAO-Standards der Internationalen Arbeitsorganisation (ILO) festgelegt sind, kommen für nachhaltige Investitionen nicht infrage.
In der EU-Taxonomie ist der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" festgelegt, nach dem taxonomiekonforme Investitionen die Ziele der EU-Taxonomie nicht erheblich beeinträchtigen dürfen, und es sind spezifische EU-Kriterien beigefügt. Der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" findet nur bei denjenigen dem Finanzprodukt zugrunde liegenden Investitionen Anwendung, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten berücksichtigen. Die dem verbleibenden Teil dieses  Finanzprodukts zugrunde  liegenden Investitionen berücksichtigen nicht die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten. Alle anderen nachhaltigen Investitionen dürfen ökologische oder soziale Ziele ebenfalls nicht erheblich beeinträchtigen.

###### Werden bei diesem Finanzprodukt die wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Ja
- NeinDie wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren werden mit Hilfe einer Vielzahl von Instrumenten berücksichtigt und in Anlageentscheidungen einbezogen. Hierzu zählen:
- Due Diligence – Analyse, ob die wichtigsten nachteiligen Auswirkungen (PAI) wesentlich und negativ sind.
- ESG-Rating – Fidelity bezieht sich auf ESG-Ratings, die wesentliche nachteilige Auswirkungen wie CO2-Emissionen, Mitarbeitersicherheit, Bestechung und Korruption sowie Wassermanagement berücksichtigen, und bei den von Staaten ausgegebenen Wertpapieren berücksichtigen die verwendeten Ratings wichtige nachteilige Auswirkungen (PAI) wie CO2-Emissionen, Sozialverstöße und die Meinungsfreiheit.
- Ausschlusskriterien – Bei Direktanlagen in Unternehmen als Emittenten wendet der Teilfonds die (unten definierten) Ausschlusskriterien an, um die wichtigsten nachteiligen Auswirkungen abzumildern. Dazu schließt er schädliche Sektoren aus und verbietet Investitionen in Emittenten, die gegen internationale Standards wie den UNGC verstoßen.
- Mitwirkung – Fidelity nutzt Mitwirkung als ein Instrument, um die wichtigsten nachteiligen Auswirkungen besser zu verstehen und sich unter bestimmten Umständen für die Abmilderung der wichtigsten nachteiligen Auswirkungen einzusetzen. Fidelity beteiligt sich an relevanten individuellen und kollaborativen Engagements, die auf eine Reihe von wichtigen negativen Auswirkungen abzielen (z. B. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Abstimmungsverhalten	 –	Die	Abstimmungsrichtlinie		von	Fidelity	legt	explizite Mindeststandards	für	die	Geschlechtervielfalt	in	den	Leitungsorganen		und		für	die Berücksichtigung des Klimawandels durch die Unternehmensemittenten fest. Fidelity kann auch auf eine Weise abstimmen, dass die wichtigsten nachteiligen Auswirkungen abgemildert werden.
- Vierteljährliche Überprüfungen – Überwachung der wichtigsten nachteiligen Auswirkungen (PAI) durch den vierteljährlichen Überprüfungsprozess des Teilfonds.

Wenn es um die Frage geht, ob Investitionen eine wesentliche nachteilige Auswirkung haben, berücksichtigt Fidelity für jeden Nachhaltigkeitsfaktor spezifische Indikatoren. Diese Indikatoren hängen von der Datenverfügbarkeit ab und können sich mit zunehmender Datenqualität und
-verfügbarkeit weiterentwickeln.
Informationen über die wichtigsten nachteiligen Auswirkungen werden im Jahresbericht des Teilfonds zur Verfügung gestellt.
Die Anlagestrategie dient aIs Richtschnur für Investitionsentscheidun- gen, wobei bestimmte Kriterien wie beispielsweise Investitionsziele oder Risikotoleranz
berücksichtigt werden.
Mindestens 50% des Nettovermögens des Teilfonds werden in Wertpapiere investiert, die gute ESG-Eigenschaften aufweisen.
Ob ESG-Eigenschaften gut sind, wird anhand von ESG-Ratings externer Agenturen und von Fidelity ESG-Ratings ermittelt.
Innerhalb dieses Anlageuniversums wählt der Investmentmanager Aktien mit Hilfe rigoroser Bottom-up-Finanzanalysen und -bewertungen aus, Aktien mit einem Potenzial für hohe Anlagerenditen auszuwählen.
In Bezug auf seine Direktanlagen in Unternehmensemittenten berücksichtigt der Teilfonds:
- eine unternehmensweite Ausschlussliste, die Streumunition und Antipersonenlandminen umfasst; und
- eine normenbasierte Filterung von Emittenten, die nach Ansicht des Investmentmanagers ihre Geschäfte nicht in Übereinstimmung mit internationalen Normen, darunter den im UNGC festgelegten, durchgeführt haben.

Die oben genannten Ausschluss- und Filterkriterien (die „Ausschlusskriterien“) werden möglicherweise von Zeit zu Zeit aktualisiert. Weitere Informationen erhalten Sie auf der Website Sustainable investing framework (fidelityinternational.com).
Es steht zudem im Ermessen des Investmentmanagers, von Zeit zu Zeit erweiterte, strengere Nachhaltigkeitsanforderungen und Ausschlusskriterien anzuwenden.
Worin bestehen die verbindlichen Elemente der Anlagestrategie, die für die Auswahl der Investitionen zur Erfüllung der beworbenen ökologischen oder sozialen Ziele verwendet werden?
Der Teilfonds investiert:
- mindestens  50%  seines  Vermögens in Wertpapiere von Emittenten mit guten ESG-Eigenschaften,
- mindestens 10% in nachhaltige Anlagen, von denen mindestens 0% ein Umweltziel aufweisen, das sich an der EU-Taxonomie orientiert, mindestens 1% ein Umweltziel, das sich nicht an der EU-Taxonomie orientiert, und mindestens 1% ein Sozialziel verfolgen.

Darüber hinaus wird der Teilfonds die oben beschriebenen Ausschlusskriterien systematisch anwenden.
Um welchen Mindestsatz wird der Umfang der vor der Anwendung dieser Anlagestrategie in Betracht gezogenen Investitionen reduziert?
Diese Frage ist hier nicht relevant.
Die Verfahrensweisen einer guten
Unternehmensführung umfassen solide Managementstrukturen, die Beziehungen zu den Arbeitnehmern, die Vergütung von Mitarbeitern sowie die Einhaltung der Steuervorschriften.
Wie werden die Verfahrensweisen einer guten Unternehmensführung der Unternehmen, in die investiert wird, bewertet?
Die Governance-Praktiken der Emittenten werden anhand von Fundamentalresearch bewertet, die Fidelity ESG-Ratings sowie Daten zu Kontroversen und Verstößen gegen den UN Global Compact berücksichtigt.
Zu den wichtigsten Punkten, die analysiert werden, gehören unter anderem die Erfolgsbilanz der Kapitalallokation, die finanzielle Transparenz, Transaktionen mit nahestehenden Parteien, die Unabhängigkeit und Größe des Vorstands, die Vergütung der Führungskräfte, die Abschlussprüfer und die interne Aufsicht sowie die Rechte der Minderheitsanteilinhaber.
Die Vermögensallokation gibt den jeweiligen Anteil der Investitionen in bestimmte Vermögenswerte an.
Taxonomiekonforme Tätigkeiten, ausgedrückt durch den Anteil der:
- Umsatzerlöse, die den Anteil der Einnahmen aus umweltfreundlichenAktivitäten der Unternehmen, in die investiert wird, widerspiegeln
- Investitionsausgaben (CapEx), die die umweltfreundlichen Investitionen der Unternehmen, in die investiert wird, aufzeigen,z.B. für den Übergang zu einer grünen Wirtschaft- Betriebsausgaben (OpEx), die die umweltfreundlichenbetrieblichen Aktivitäten der Unternehmen, in die investiert wird, widerspiegeln(#1 Ausgerichtet an E/S-Eigenschaften) Der Teilfonds investiert nach Möglichkeit:
- mindestens 50% seines	Vermögens	in	Wertpapiere	von	Emittenten	mit	guten ESG-Eigenschaften,
- mindestens 10% in	nachhaltige	(#1A	nachhaltig)	Anlagen,	von	denen mindestens 0% ein Umweltziel verfolgen (das an der EU-Taxonomie ausgerichtet ist), mindestens 1% ein Umweltziel haben (das nicht an der EU-Taxonomie ausgerichtet ist) und mindestens 1% ein Sozialziel haben. Die übrigen nachhaltigen Anlagen des Teilfonds können ein Umwelt- oder Sozialziel verfolgen.

Sonstige Umweltziele 1%
(#1B Sonstige E/S-Eigenschaften) Umfasst Wertpapiere von Emittenten mit guten ESG-Eigenschaften, die aber keine nachhaltigen Anlagen sind.
#1A Nachhaltige
Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale
50%
Investitionen 10%
#1B Andere ökologische oder soziale Merkmale
Soziales 1%
#2 Andere Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst Investitionen des Finanzprodukts, die zur Erreichung der beworbenen ökologischen oder sozialen Merkmale getätigt wurden.
#2 Andere Investitionen umfasst die übrigen Investitionen des Finanzprodukts, die weder auf ökologische oder soziale Merkmale ausgerichtet sind noch als nachhaltige Investitionen eingestuft werden.
Die Kategorie #1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst folgende Unterkategorien:
Die Unterkategorie #1A Nachhaltige Investitionen umfasst nachhaltige Investitionen mit ökologischen oder sozialen Zielen.
Die Unterkategorie #1B Andere ökologische oder soziale Merkmale umfasst Investitionen, die auf ökologische oder soziale Merkmale ausgerichtet sind, aber nicht als nachhaltige Investitionen eingestuft werden.
Inwiefern werden durch den Einsatz von Derivaten die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht?
Wenn das einem Derivat zugrunde liegende Wertpapier im Einklang mit dem System für nachhaltiges Investieren von Fidelity gute ESG-Eigenschaften aufweist, darf das Derivat zur Feststellung des Teilfondsanteils berücksichtigt werden, der Umwelt- oder Sozialeigenschaften fördert.
In welchem Mindestmaß sind nachhaltige Investitionen mit einem Umweltziel mit der EU-Taxonomie konform?
Der Teilfonds investiert mindestens 0% in nachhaltige Anlagen mit einem Umweltziel, die mit der EU-Taxonomie konform sind.
Die Konformität der Anlagen des Teilfonds mit der EU-Taxonomie wird nicht durch Wirtschaftsprüfer oder mittels einer Überprüfung durch Dritte sichergestellt.
Die Ausrichtung der zugrunde liegenden Anlagen des Teilfonds an der EU-Taxonomie wird anhand des Umsatzes gemessen.
Investiert das Finanzprodukt in Aktivitäten im Zusammenhang mit fossilem Gas und/oder Kernenergie, die der EU-Taxonomie¹ entsprechen?
- JaNein
- In fossiles Gas	In KernenergieWie hoch ist der Mindestanteil der Investitionen in Übergangstätigkeiten und ermöglichende Tätigkeiten?

Der Teilfonds investiert mindestens 0% in Übergangstätigkeiten und ermöglichende Tätigkeiten.
Wie hoch ist der Mindestanteil nachhaltiger Investitionen mit einem Umweltziel, die nicht mit der EU-Taxonomie konform sind?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Umweltziel, das nicht an der EU-Taxonomie orientiert ist.
Die Anlagen können zwar an der EU-Taxonomie ausgerichtet sein, aber der Investmentmanager ist derzeit nicht in der Lage, den genauen Anteil der Anlagen des Teilfonds anzugeben, die die EU-Kriterien für ökologisch nachhaltiges Wirtschaften berücksichtigen. Die Position wird jedoch weiterhin überprüft, wenn die zugrunde liegenden Regeln festgelegt sind und im Laufe der Zeit mehr zuverlässige Daten zur Verfügung stehen.
¹ Tätigkeiten im Bereich fossiles Gas und/oder Kernenergie sind nur dann EU-taxonomiekonform, wenn sie zur Eindämmung des Klimawandels („Klimaschutz“) beitragen und kein Ziel der EU-Taxonomie erheblich beeinträchtigen – siehe Erläuterung am linken Rand. Die vollständigen Kriterien für EU-taxonomiekonforme Wirtschaftstätigkeiten im Bereich fossiles Gas und Kernenergie sind in der Delegierten Verordnung (EU) 2022/1214 der Kommission festgelegt.
Wie hoch ist der Mindestanteil der sozial nachhaltigen Investitionen?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Sozialziel.
Welche Investitionen fallen unter ,,#2 Andere Investitionen", welcher Anlagezweck wird mit ihnen verfolgt und gibt es einen ökologischen oder sozialen Mindestschutz?
Die verbleibenden Anlagen des Teilfonds erfolgen in Instrumenten, die zum Finanzziel des Teilfonds passen, und für Liquiditätszwecke in liquiden Mitteln und liquiden Mitteln gleichstehenden Mitteln sowie in Derivaten, die als Anlagen und für eine effiziente Portfolioverwaltung eingesetzt werden können.
Zur Gewährleistung eines Mindestmaßes an Umwelt- und Sozialabsicherungen wendet der Teilfonds die Ausschlusskriterien an.

###### Wurde ein Index als Referenzwert bestimmt, um festzustellen, ob dieses Finanzprodukt auf die beworbenen ökologischen und/oder sozialen Merkmale ausgerichtet ist?
Es wird kein bestimmter Index als Referenzbenchmark angegeben, um festzustellen, ob dieses Finanzprodukt zu den geförderten Umwelt- oder Sozialeigenschaften passt.
Bei den Referenzwerten handelt es sich um Indizes, mit denen gemessen wird, ob das Finanzprodukt die beworbenen ökologischen oder sozialen Merkmale erreicht.
Inwiefern ist der Referenzwert kontinuierlich auf die mit dem Finanzprodukt beworbenen ökologischen und sozialen Merkmale ausgerichtet?
Diese Frage ist hier nicht relevant.
Wie wird die kontinuierliche Ausrichtung der Anlagestrategie auf die Indexmethode sichergestellt?
Diese Frage ist hier nicht relevant.
Wie unterscheidet sich der bestimmte Index von einem relevanten breiten Marktindex?
Diese Frage ist hier nicht relevant.
Wo kann die Methode zur Berechnung des bestimmten Indexes eingesehen werden?
Diese Frage ist hier nicht relevant.

###### 	Wo kann ich im Internet weitere produktspezifische Informationen finden?
Weitere produktspezifische Informationen finden Sie auf der Website: https:/www.fidelity.lu/funds/factsheet/LU0318931192/tab-disclosure#SFDR-disclosure
Weitere Informationen zu den hier dargelegten Methoden finden Sie auf der Website: System fürnachhaltiges Investieren (fidelityinternational.com).
Vorvertragliche Informationen zu den in Artikel 8 Absätze 1, 2 und 2a der Verordnung (EU) 2019/2088 und Artikel 6 Absatz 1 der Verordnung (EU) 2020/852 genannten Finanzprodukten
Name des Produkts:	Unternehmenskennung (LEI- Code):
Fidelity Funds - China Innovation Fund	549300IV1SMG8Q6CJU79

###### Ökologische und/oder soziale Merkmale
| Werden mit diesem Finanzprodukt nachhaltige Investitionen angestrebt? |
| --- |
|  | - Ja
 |  | Nein |
| - Es wird damit ein MindestanteiI an nachhaltigen Investitionen mit einem Umweltziel getätigt:%
	- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie als ökologisch nachhaltig einzustufen sind
	- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie nicht als ökologisch nachhaltig einzustufen sind

- Es wird damit ein Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel getätigt:%
 | Es werden damit ökologische/soziale Merkmale beworben und obwohl keine nachhaltigen Investitionen angestrebt werden, enthält es einen Mindestanteil von 10% an nachhaltigen Investitionen. - mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie als ökologisch nachhaltig einzustufen sindmit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie nicht als ökologisch nachhaltig einzustufen sindmit einem sozialen Ziel
- Es	werden		damit	ökologische/soziale Merkmale	beworben,		aber	keinenachhaltigen Investitionen getätigt.
 |

Welche ökologischen und/ oder sozialen Merkmale werden mit diesem Finanzprodukt beworben?
Mit Nachhaltigkeitsin- dikatoren wird gemessen, inwieweit die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht werden.
Der Teilfonds fördert Umwelt- und Sozialeigenschaften, indem er in Wertpapiere von Emittenten mit guten ESG-Eigenschaften investiert. Gute ESG-Eigenschaften werden anhand von ESG-Ratings ermittelt. ESG-Ratings berücksichtigen Umwelteigenschaften wie CO2-Intensität, CO2-Emissionen, Energieeffizienz, Wasser- und Abfallmanagement und Biodiversität sowie Sozialeigenschaften wie Produktsicherheit, Lieferkette, Gesundheit und Sicherheit sowie Menschenrechte.
Der Teilfonds ist in gewissem Maße bestrebt, nachhaltige Anlagen zu tätigen.
Es wird keine Referenzbenchmark festgelegt, um die geförderten Umwelt- und Sozialeigenschaften zu erreichen.
einzelnen ökologischen oder sozialen Merkmale, die durch dieses Finanzprodukt beworben werden, herangezogen?
Der Teilfonds verwendet die folgenden Nachhaltigkeitsindikatoren, um die Ausprägung der von ihm geförderten Umwelt- oder Sozialeigenschaften zu messen:
- der  Prozentsatz des Teilfonds, der in Wertpapieren von Emittenten mit guten ESG-Eigenschaften im Einklang mit dem System für nachhaltiges Investieren von Fidelity investiert ist;
- in Bezug auf seine Direktanlagen in Unternehmen als Emittenten der Prozentsatz des Teilfonds, der in Wertpapiere von Emittenten investiert ist, auf die Ausschlusskriterien (wie unten definiert) zutreffen;
- der Prozentsatz des Teilfonds, der in nachhaltige Anlagen investiert ist; und
- der Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Umweltziel bei Wirtschaftsaktivitäten investiert ist, die gemäß der EU-Taxonomie nicht als ökologisch nachhaltig gelten; und
- der Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel investiert ist.

Welches sind die Ziele der nachhaltigen Investitionen, die mit dem
Finanzprodukt teilweise getätigt werden sollen, und wie trägt die nachhaltige Investition zu diesen Zielen bei?
Der Teilfonds ermittelt wie folgt, ob eine Anlage nachhaltig ist:
- Emittenten, die wirtschaftliche Tätigkeiten ausüben, die zu einem oder mehreren der in der EU-Taxonomie festgelegten Umweltziele beitragen und gemäß der EU-Taxonomie als ökologisch nachhaltig gelten; oder
- Emittenten, bei denen der Großteil ihrer Geschäftstätigkeit (mehr als 50% des Umsatzes) zu ökologischen oder sozialen Zielen beiträgt, die mit einem oder mehreren der Ziele der Vereinten Nationen für nachhaltige Entwicklung („SDG“) in Einklang stehen; oder
- Emittenten, die ein Dekarbonisierungsziel festgelegt haben, das mit einem Temperaturanstiegsszenario mit 1,5 Grad oder weniger vereinbar ist (überprüft durch die Science Based Target Initiative oder ein Fidelity Proprietary Climate Rating), das als Beitrag zu Umweltzielen angesehen wird;sofern sie keinen wesentlichen Schaden anrichten, Mindestabsicherungen bieten und gute Governance-Kriterien aufweisen.

teilweise getätigt werden sollen, keinem der ökologischen oder sozialen nachhaltigen Anlageziele erheblich schaden?
Nachhaltige Anlagen werden auf ihre Beteiligung an Aktivitäten überprüft, die erheblichen Schaden und Kontroversen verursachen, und durch eine Kontrolle bewertet, ob der Emittent Mindestabsicherungen und -standards hinsichtlich der wichtigsten nachteiligen Auswirkungen (PAI) sowie die Leistung bei den PAI-Kennzahlen umsetzt bzw. erfüllt. Dazu gehören:
- Normenbasierte Filterkriterien – das Filtern von Wertpapieren, die gemäß den bestehenden (unten beschriebenen) normenbasierten Filterkriterien von Fidelity ermittelt wurden, anhand von:
- aktivitätsbasierten Filterkriterien – das Filtern von Emittenten auf der Grundlage ihrer Beteiligung an Aktivitäten mit erheblichen negativen Auswirkungen auf die Gesellschaft oder die Umwelt, darunter Emittenten, bei denen aufgrund der Filterkriterien für Kontroversen eine„sehr gravierende“ Kontroverse vorliegt, die im Bereich
- Umwelt,
- Menschenrechte und Gemeinschaften,
- Arbeitnehmerrechte und Lieferkette,
- Kunden,
- Governance angesiedelt ist; und anhand von
	- PAI-Indikatoren. Quantitative Daten (sofern verfügbar) zu PAI-Indikatoren werden verwendet, um zu bewerten, ob ein Emittent an Aktivitäten beteiligt ist, die einem Umwelt- oder Sozialziel erheblichen Schaden zufügen.


Bei den wichtigsten nachteiligen Auswirkungen handelt es sich um die bedeutendsten nachteiligen Auswirkungen von Investitionsentscheidun- gen auf NachhaItigkeitsfaktoren in den Bereichen Umwelt, Soziales und Beschäftigung, Achtung der Menschenrechte und Bekämpfung von Korruption und Bestechung.
Wie wurden die Indikatoren für nachteilige Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Für nachhaltige Anlagen, wie oben beschrieben, führt Fidelity eine quantitative Bewertung durch, um Emittenten mit einer problematischen Leistung bei PAI-Indikatoren zu ermitteln. Emittenten mit einer niedrigen Punktzahl kommen nur dann für „nachhaltige Anlagen“ infrage, wenn die Fundamentalresearch von Fidelity feststellt, dass der Emittent nicht gegen die Anforderungen verstößt, „keinen wesentlichen Schaden anrichtet“ oder sich auf einem guten Weg befindet, um die nachteiligen Auswirkungen durch effektives Management oder einen Übergang abzumildern.
Wie stehen die nachhaltigen Investitionen mit den OECD-Leitsätzen für multinationale Unternehmen und den Leitprinzipien der Vereinten Nationen für Wirtschaft und
Menschenrechte in Einklang? Nähere Angaben:
Es werden normenbasierte Filterkriterien angewendet: Emittenten, bei denen festgestellt wurde, dass sie sich nicht in einer Weise verhalten, die ihrer grundlegenden Verantwortung in den Bereichen Menschenrechte, Arbeit, Umwelt und Korruptionsbekämpfung im Einklang mit internationalen Normen gerecht wird, darunter denjenigen, die in den OECD-Leitsätzen für multinationale Unternehmen, den Leitprinzipien der Vereinten Nationen für Wirtschaft und Menschenrechte, dem UN Global Compact (UNGC) und den IAO-Standards der Internationalen Arbeitsorganisation (ILO) festgelegt sind, kommen für nachhaltige Investitionen nicht infrage.
In der EU-Taxonomie ist der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" festgelegt, nach dem taxonomiekonforme Investitionen die Ziele der EU-Taxonomie nicht erheblich beeinträchtigen dürfen, und es sind spezifische EU-Kriterien beigefügt. Der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" findet nur bei denjenigen dem Finanzprodukt zugrunde liegenden Investitionen Anwendung, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten berücksichtigen. Die dem verbleibenden Teil dieses  Finanzprodukts zugrunde  liegenden Investitionen berücksichtigen nicht die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten. Alle anderen nachhaltigen Investitionen dürfen ökologische oder soziale Ziele ebenfalls nicht erheblich beeinträchtigen.

###### Werden bei diesem Finanzprodukt die wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Ja
- NeinDie wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren werden mit Hilfe einer Vielzahl von Instrumenten berücksichtigt und in Anlageentscheidungen einbezogen. Hierzu zählen:
- Due Diligence – Analyse, ob die wichtigsten nachteiligen Auswirkungen (PAI) wesentlich und negativ sind.
- ESG-Rating – Fidelity bezieht sich auf ESG-Ratings, die wesentliche nachteilige Auswirkungen wie CO2-Emissionen, Mitarbeitersicherheit, Bestechung und Korruption sowie Wassermanagement berücksichtigen, und bei den von Staaten ausgegebenen Wertpapieren berücksichtigen die verwendeten Ratings wichtige nachteilige Auswirkungen (PAI) wie CO2-Emissionen, Sozialverstöße und die Meinungsfreiheit.
- Ausschlusskriterien – Bei Direktanlagen in Unternehmen als Emittenten wendet der Teilfonds die (unten definierten) Ausschlusskriterien an, um die wichtigsten nachteiligen Auswirkungen abzumildern. Dazu schließt er schädliche Sektoren aus und verbietet Investitionen in Emittenten, die gegen internationale Standards wie den UNGC verstoßen.
- Mitwirkung – Fidelity nutzt Mitwirkung als ein Instrument, um die wichtigsten nachteiligen Auswirkungen besser zu verstehen und sich unter bestimmten Umständen für die Abmilderung der wichtigsten nachteiligen Auswirkungen einzusetzen. Fidelity beteiligt sich an relevanten individuellen und kollaborativen Arten der Mitwirkung, die auf eine Reihe von wichtigen negativen Auswirkungen abzielen (z. B. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Abstimmungsverhalten – Die Abstimmungspolitik von Fidelity umfasst bei Unternehmen als Emittenten explizite Mindeststandards für die Geschlechtervielfalt im Aufsichtsrat und die Auseinandersetzung mit dem Klimawandel. Fidelity kann auch auf eine Weise abstimmen, dass die wichtigsten nachteiligen Auswirkungen abgemildert werden.
- Vierteljährliche Überprüfungen – Überwachung der wichtigsten nachteiligen Auswirkungen (PAI) durch den vierteljährlichen Überprüfungsprozess des Teilfonds.

Wenn es um die Frage geht, ob Investitionen eine wesentliche nachteilige Auswirkung haben, berücksichtigt Fidelity für jeden Nachhaltigkeitsfaktor spezifische Indikatoren. Diese Indikatoren hängen von der Datenverfügbarkeit ab und können sich mit zunehmender Datenqualität und
-verfügbarkeit weiterentwickeln.
Informationen über die wichtigsten nachteiligen Auswirkungen werden im Jahresbericht des Teilfonds zur Verfügung gestellt.
Die Anlagestrategie dient aIs Richtschnur für Investitionsentscheidun- gen, wobei bestimmte Kriterien wie beispielsweise Investitionsziele oder Risikotoleranz
berücksichtigt werden.
Mindestens 50% des Nettovermögens des Teilfonds werden in Wertpapiere investiert, die gute ESG-Eigenschaften aufweisen.
Ob ESG-Eigenschaften gut sind, wird anhand von ESG-Ratings externer Agenturen und von Fidelity ESG-Ratings ermittelt.
Innerhalb dieses Anlageuniversums wählt der Investmentmanager Aktien mit Hilfe rigoroser Bottom-up-Finanzanalysen und -bewertungen aus, um Aktien mit einem Potenzial für hohe Anlagerenditen auszuwählen.
In Bezug auf seine Direktanlagen in Unternehmensemittenten berücksichtigt der Teilfonds:
- eine unternehmensweite Ausschlussliste, die Streumunition und Antipersonenlandminen umfasst; und
- eine normenbasierte Filterung von Emittenten, die nach Ansicht des Investmentmanagers ihre Geschäfte nicht in Übereinstimmung mit internationalen Normen, darunter den im UNGC festgelegten, durchgeführt haben.

Die oben genannten Ausschluss- und Filterkriterien (die „Ausschlusskriterien“) werden möglicherweise von Zeit zu Zeit aktualisiert. Weitere Informationen erhalten Sie auf der Website Sustainable investing framework (fidelityinternational.com).
Es steht zudem im Ermessen des Investmentmanagers, von Zeit zu Zeit erweiterte, strengere Nachhaltigkeitsanforderungen und Ausschlusskriterien anzuwenden.
Worin bestehen die verbindlichen Elemente der Anlagestrategie, die für die Auswahl der Investitionen zur Erfüllung der beworbenen ökologischen oder sozialen Ziele verwendet werden?
Der Teilfonds investiert:
- mindestens 50% seines Vermögens in Emittenten mit guten ESG-Eigenschaften;
- mindestens 10% in nachhaltige Anlagen, von denen mindestens 0% ein Umweltziel verfolgen, das sich an der EU-Taxonomie orientiert, mindestens 1% ein Umweltziel, das sich nicht an der EU-Taxonomie orientiert, und mindestens 1% ein Sozialziel.

Darüber hinaus wird der Teilfonds die oben beschriebenen Ausschlusskriterien systematisch anwenden.
Um welchen Mindestsatz wird der Umfang der vor der Anwendung dieser Anlagestrategie in Betracht gezogenen Investitionen reduziert?
Diese Frage ist hier nicht relevant.
Die Verfahrensweisen einer guten
Unternehmensführung umfassen solide Managementstrukturen, die Beziehungen zu den Arbeitnehmern, die Vergütung von Mitarbeitern sowie die Einhaltung der Steuervorschriften.
Wie werden die Verfahrensweisen einer guten Unternehmensführung der Unternehmen, in die investiert wird, bewertet?
Die Governance-Praktiken der Emittenten werden anhand von Fundamentalresearch bewertet, die Fidelity ESG-Ratings sowie Daten zu Kontroversen und Verstößen gegen den UN Global Compact berücksichtigt.
Zu den wichtigsten Punkten, die analysiert werden, gehören unter anderem die Erfolgsbilanz der Kapitalallokation, die finanzielle Transparenz, Transaktionen mit nahestehenden Parteien, die Unabhängigkeit und Größe des Vorstands, die Vergütung der Führungskräfte, die Abschlussprüfer und die interne Aufsicht sowie die Rechte der Minderheitsanteilinhaber.
Die Vermögensallokation gibt den jeweiligen Anteil der Investitionen in bestimmte Vermögenswerte an.
Taxonomiekonforme Tätigkeiten, ausgedrückt durch den Anteil der:
- Umsatzerlöse, die den Anteil der Einnahmen aus umweltfreundlichenAktivitäten der Unternehmen, in die investiert wird, widerspiegeln
- Investitionsausgaben (CapEx), die die umweltfreundlichen Investitionen der Unternehmen, in die investiert wird, aufzeigen,z.B. für den Übergang zu einer grünen Wirtschaft- Betriebsausgaben (OpEx), die die umweltfreundlichenbetrieblichen Aktivitäten der Unternehmen, in die investiert wird, widerspiegeln(#1 Ausgerichtet an E/S-Eigenschaften) Der Teilfonds investiert nach Möglichkeit:
- mindestens 50% seines	Vermögens	in	Wertpapiere	von	Emittenten	mit	guten ESG-Eigenschaften,
- mindestens 10% seines Vermögens in nachhaltige (#1A nachhaltig) Anlagen, von denen mindestens 0% ein Umweltziel verfolgen (das an der EU-Taxonomie ausgerichtet ist), mindestens 1% ein Umweltziel haben (das nicht an der EU-Taxonomie ausgerichtet ist) und mindestens 1% ein Sozialziel haben. Die übrigen nachhaltigen Anlagen des Teilfonds können ein Umwelt- oder Sozialziel verfolgen.

Sonstige Umweltziele 1%
(#1B Sonstige E/S-Eigenschaften) Umfasst Wertpapiere von Emittenten mit guten ESG-Eigenschaften, die aber keine nachhaltigen Anlagen sind.
#1A Nachhaltige
Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale
50%
Investitionen 10%
#1B Andere ökologische oder soziale Merkmale
Soziales 1%
#2 Andere Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst Investitionen des Finanzprodukts, die zur Erreichung der beworbenen ökologischen oder sozialen Merkmale getätigt wurden.
#2 Andere Investitionen umfasst die übrigen Investitionen des Finanzprodukts, die weder auf ökologische oder soziale Merkmale ausgerichtet sind noch als nachhaltige Investitionen eingestuft werden.
Die Kategorie #1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst folgende Unterkategorien:
Die Unterkategorie #1A Nachhaltige Investitionen umfasst nachhaltige Investitionen mit ökologischen oder sozialen Zielen.
Die Unterkategorie #1B Andere ökologische oder soziale Merkmale umfasst Investitionen, die auf ökologische oder soziale Merkmale ausgerichtet sind, aber nicht als nachhaltige Investitionen eingestuft werden.
Inwiefern werden durch den Einsatz von Derivaten die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht?
Wenn das einem Derivat zugrunde liegende Wertpapier im Einklang mit dem System für nachhaltiges Investieren von Fidelity gute ESG-Eigenschaften aufweist, darf das Derivat zur Feststellung des Teilfondsanteils berücksichtigt werden, der Umwelt- oder Sozialeigenschaften fördert.
In welchem Mindestmaß sind nachhaltige Investitionen mit einem Umweltziel mit der EU-Taxonomie konform?
Der Teilfonds investiert mindestens 0% in nachhaltige Anlagen mit einem Umweltziel, die mit der EU-Taxonomie konform sind.
Die Konformität der Anlagen des Teilfonds mit der EU-Taxonomie wird nicht durch Wirtschaftsprüfer oder mittels einer Überprüfung durch Dritte sichergestellt.
Die Ausrichtung der zugrunde liegenden Anlagen des Teilfonds an der EU-Taxonomie wird anhand des Umsatzes gemessen.
Investiert das Finanzprodukt in Aktivitäten im Zusammenhang mit fossilem Gas und/oder Kernenergie, die der EU-Taxonomie¹ entsprechen?
- JaNein
- In fossiles Gas	In KernenergieWie hoch ist der Mindestanteil der Investitionen in Übergangstätigkeiten und ermöglichende Tätigkeiten?

Der Teilfonds investiert mindestens 0% in Übergangstätigkeiten und ermöglichende Tätigkeiten.
Wie hoch ist der Mindestanteil nachhaltiger Investitionen mit einem Umweltziel, die nicht mit der EU-Taxonomie konform sind?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Umweltziel, das nicht mit der EU-Taxonomie konform ist.
Die Anlagen können zwar mit der EU-Taxonomie konform sein, aber der Investmentmanager ist derzeit nicht in der Lage, den genauen Anteil der Anlagen des Teilfonds anzugeben, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftstätigkeiten berücksichtigen. Die Position wird jedoch weiterhin überprüft, wenn die zugrunde liegenden Regeln festgelegt sind und im Laufe der Zeit mehr zuverlässige Daten zur Verfügung stehen.
¹ Tätigkeiten im Bereich fossiles Gas und/oder Kernenergie sind nur dann EU-taxonomiekonform, wenn sie zur Eindämmung des Klimawandels („Klimaschutz“) beitragen und kein Ziel der EU-Taxonomie erheblich beeinträchtigen – siehe Erläuterung am linken Rand. Die vollständigen Kriterien für EU-taxonomiekonforme Wirtschaftstätigkeiten im Bereich fossiles Gas und Kernenergie sind in der Delegierten Verordnung (EU) 2022/1214 der Kommission festgelegt.
Wie hoch ist der Mindestanteil der sozial nachhaltigen Investitionen?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Sozialziel.
Welche Investitionen fallen unter ,,#2 Andere Investitionen", welcher Anlagezweck wird mit ihnen verfolgt und gibt es einen ökologischen oder sozialen Mindestschutz?
Die verbleibenden Anlagen des Teilfonds erfolgen in Instrumenten, die zum Finanzziel des Teilfonds passen, und für Liquiditätszwecke in liquiden Mitteln und liquiden Mitteln gleichstehenden Mitteln sowie in Derivaten, die als Anlagen und für eine effiziente Portfolioverwaltung eingesetzt werden können.
Zur Gewährleistung eines Mindestmaßes an Umwelt- und Sozialabsicherungen wendet der Teilfonds die Ausschlusskriterien an.

###### Wurde ein Index als Referenzwert bestimmt, um festzustellen, ob dieses Finanzprodukt auf die beworbenen ökologischen und/oder sozialen Merkmale ausgerichtet ist?
Es wird kein bestimmter Index als Referenzbenchmark angegeben, um festzustellen, ob dieses Finanzprodukt zu den geförderten Umwelt- oder Sozialeigenschaften passt.
Bei den Referenzwerten handelt es sich um Indizes, mit denen gemessen wird, ob das Finanzprodukt die beworbenen ökologischen oder sozialen Merkmale erreicht.
Inwiefern ist der Referenzwert kontinuierlich auf die mit dem Finanzprodukt beworbenen ökologischen und sozialen Merkmale ausgerichtet?
Diese Frage ist hier nicht relevant.
Wie wird die kontinuierliche Ausrichtung der Anlagestrategie auf die Indexmethode sichergestellt?
Diese Frage ist hier nicht relevant.
Wie unterscheidet sich der bestimmte Index von einem relevanten breiten Marktindex?
Diese Frage ist hier nicht relevant.
Wo kann die Methode zur Berechnung des bestimmten Indexes eingesehen werden?
Diese Frage ist hier nicht relevant.

###### 	Wo kann ich im Internet weitere produktspezifische Informationen finden?
Weitere produktspezifische Informationen finden Sie auf der Website: https:/www.fidelity.lu/funds/factsheet/LU0455706654/tab-disclosure#SFDR-disclosure. 
Weitere Informationen zu den hier dargelegten Methoden finden Sie auf der Website: System fürnachhaltiges Investieren (fidelityinternational.com).
Vorvertragliche Informationen zu den in Artikel 8 Absätze 1, 2 und 2a der Verordnung (EU) 2019/2088 und Artikel 6 Absatz 1 der Verordnung (EU) 2020/852 genannten Finanzprodukten
Name des Produkts:	Unternehmenskennung (LEI- Code):
Fidelity Funds - Greater China Fund	5493005EHFIWJMR7DT21

###### Ökologische und/oder soziale Merkmale
| Werden mit diesem Finanzprodukt nachhaltige Investitionen angestrebt? |
| --- |
|  | - Ja
 |  | Nein |
| - Es wird damit ein MindestanteiI an nachhaltigen Investitionen mit einem Umweltziel getätigt:%
	- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie als ökologisch nachhaltig einzustufen sind
	- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie nicht als ökologisch nachhaltig einzustufen sind

- Es wird damit ein Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel getätigt:%
 | Es werden damit ökologische/soziale Merkmale beworben und obwohl keine nachhaltigen Investitionen angestrebt werden, enthält es einen Mindestanteil von 20% an nachhaltigen Investitionen. - mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie als ökologisch nachhaltig einzustufen sindmit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie nicht als ökologisch nachhaltig einzustufen sindmit einem sozialen Ziel
- Es	werden		damit	ökologische/soziale Merkmale	beworben,		aber	keinenachhaltigen Investitionen getätigt.
 |

Welche ökologischen und/ oder sozialen Merkmale werden mit diesem Finanzprodukt beworben?
Mit Nachhaltigkeitsin- dikatoren wird gemessen, inwieweit die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht werden.
Der Teilfonds fördert Umwelt- und Sozialeigenschaften, indem er in Wertpapiere von Emittenten mit guten ESG-Eigenschaften investiert. Gute ESG-Eigenschaften werden anhand von ESG-Ratings ermittelt. ESG-Ratings berücksichtigen Umwelteigenschaften wie CO2-Intensität, CO2-Emissionen, Energieeffizienz, Wasser- und Abfallmanagement und Biodiversität sowie Sozialeigenschaften wie Produktsicherheit, Lieferkette, Gesundheit und Sicherheit sowie Menschenrechte.
Der Teilfonds ist in gewissem Maße bestrebt, nachhaltige Anlagen zu tätigen.
Es wird keine Referenzbenchmark festgelegt, um die geförderten Umwelt- und Sozialeigenschaften zu erreichen.
einzelnen ökologischen oder sozialen Merkmale, die durch dieses Finanzprodukt beworben werden, herangezogen?
Der Teilfonds verwendet die folgenden Nachhaltigkeitsindikatoren, um die Ausprägung der von ihm geförderten Umwelt- oder Sozialeigenschaften zu messen:
- der  Prozentsatz des Teilfonds, der in Wertpapieren von Emittenten mit guten ESG-Eigenschaften im Einklang mit dem System für nachhaltiges Investieren von Fidelity investiert ist;
- in Bezug auf seine Direktanlagen in Unternehmen als Emittenten der Prozentsatz des Teilfonds, der in Wertpapiere von Emittenten investiert ist, auf die Ausschlusskriterien (wie unten definiert) zutreffen;
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen investiert ist; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel bei Wirtschaftsaktivitäten investiert ist, die gemäß der EU-Taxonomie nicht als ökologisch nachhaltig gelten; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel investiert ist.

Welches sind die Ziele der nachhaltigen Investitionen, die mit dem
Finanzprodukt teilweise getätigt werden sollen, und wie trägt die nachhaltige Investition zu diesen Zielen bei?
Der Teilfonds ermittelt wie folgt, ob eine Anlage nachhaltig ist:
- Emittenten, die wirtschaftliche Tätigkeiten ausüben, die zu einem oder mehreren der in der EU-Taxonomie festgelegten Umweltziele beitragen und gemäß der EU-Taxonomie als ökologisch nachhaltig gelten; oder
- Emittenten, bei denen der Großteil ihrer Geschäftstätigkeit (mehr als 50% des Umsatzes) zu ökologischen oder sozialen Zielen beiträgt, die mit einem oder mehreren der Ziele der Vereinten Nationen für nachhaltige Entwicklung („SDG“) in Einklang stehen; oder
- Emittenten, die ein Dekarbonisierungsziel festgelegt haben, das mit einem Temperaturanstiegsszenario mit 1,5 Grad oder weniger vereinbar ist (überprüft durch die Science Based Target Initiative oder ein Fidelity Proprietary Climate Rating), das als Beitrag zu Umweltzielen angesehen wird;sofern sie keinen wesentlichen Schaden anrichten, Mindestabsicherungen bieten und gute Governance-Kriterien aufweisen.

teilweise getätigt werden sollen, keinem der ökologischen oder sozialen nachhaltigen Anlageziele erheblich schaden?
Nachhaltige Anlagen werden auf ihre Beteiligung an Aktivitäten überprüft, die erheblichen Schaden und Kontroversen verursachen, und durch eine Kontrolle bewertet, ob der Emittent Mindestabsicherungen und -standards hinsichtlich der wichtigsten nachteiligen Auswirkungen (PAI) sowie die Leistung bei den PAI-Kennzahlen umsetzt bzw. erfüllt. Dazu gehören:
- Normenbasierte Filterkriterien – das Filtern von Wertpapieren, die gemäß den bestehenden (unten beschriebenen) normenbasierten Filterkriterien von Fidelity ermittelt wurden, anhand von:
- aktivitätsbasierten Filterkriterien – das Filtern von Emittenten auf der Grundlage ihrer Beteiligung an Aktivitäten mit erheblichen negativen Auswirkungen auf die Gesellschaft oder die Umwelt, darunter Emittenten, bei denen aufgrund der Filterkriterien für Kontroversen eine„sehr gravierende“ Kontroverse vorliegt, die im Bereich
- Umwelt,
- Menschenrechte und Gemeinschaften,
- Arbeitnehmerrechte und Lieferkette,
- Kunden,
- Governance angesiedelt ist; und anhand von
	- PAI-Indikatoren. Quantitative Daten (sofern verfügbar) zu PAI-Indikatoren werden verwendet, um zu bewerten, ob ein Emittent an Aktivitäten beteiligt ist, die einem Umwelt- oder Sozialziel erheblichen Schaden zufügen.


Bei den wichtigsten nachteiligen Auswirkungen handelt es sich um die bedeutendsten nachteiligen Auswirkungen von Investitionsentscheidun- gen auf NachhaItigkeitsfaktoren in den Bereichen Umwelt, Soziales und Beschäftigung, Achtung der Menschenrechte und Bekämpfung von Korruption und Bestechung.
Wie wurden die Indikatoren für nachteilige Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Für nachhaltige Anlagen, wie oben beschrieben, führt Fidelity eine quantitative Bewertung durch, um Emittenten mit einer problematischen Leistung bei PAI-Indikatoren zu ermitteln. Emittenten mit einer niedrigen Punktzahl kommen nur dann für „nachhaltige Anlagen“ infrage, wenn die Fundamentalresearch von Fidelity feststellt, dass der Emittent nicht gegen die Anforderungen verstößt, „keinen wesentlichen Schaden anrichtet“ oder sich auf einem guten Weg befindet, um die nachteiligen Auswirkungen durch effektives Management oder einen Übergang abzumildern.
Wie stehen die nachhaltigen Investitionen mit den OECD-Leitsätzen für multinationale Unternehmen und den Leitprinzipien der Vereinten Nationen für Wirtschaft und
Menschenrechte in Einklang? Nähere Angaben:
Es werden normenbasierte Filterkriterien angewendet: Emittenten, bei denen festgestellt wurde, dass sie sich nicht in einer Weise verhalten, die ihrer grundlegenden Verantwortung in den Bereichen Menschenrechte, Arbeit, Umwelt und Korruptionsbekämpfung im Einklang mit internationalen Normen gerecht wird, darunter denjenigen, die in den OECD-Leitsätzen für multinationale Unternehmen, den Leitprinzipien der Vereinten Nationen für Wirtschaft und Menschenrechte, dem UN Global Compact (UNGC) und den IAO-Standards der Internationalen Arbeitsorganisation (ILO) festgelegt sind, kommen für nachhaltige Investitionen nicht infrage.
In der EU-Taxonomie ist der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" festgelegt, nach dem taxonomiekonforme Investitionen die Ziele der EU-Taxonomie nicht erheblich beeinträchtigen dürfen, und es sind spezifische EU-Kriterien beigefügt. Der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" findet nur bei denjenigen dem Finanzprodukt zugrunde liegenden Investitionen Anwendung, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten berücksichtigen. Die dem verbleibenden Teil dieses  Finanzprodukts zugrunde  liegenden Investitionen berücksichtigen nicht die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten. Alle anderen nachhaltigen Investitionen dürfen ökologische oder soziale Ziele ebenfalls nicht erheblich beeinträchtigen.

###### Werden bei diesem Finanzprodukt die wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Ja
- NeinDie wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren werden mit Hilfe einer Vielzahl von Instrumenten berücksichtigt und in Anlageentscheidungen einbezogen. Hierzu zählen:
- Due Diligence – Analyse, ob die wichtigsten nachteiligen Auswirkungen (PAI) wesentlich und negativ sind.
- ESG-Rating – Fidelity bezieht sich auf ESG-Ratings, die wesentliche nachteilige Auswirkungen wie CO2-Emissionen, Mitarbeitersicherheit, Bestechung und Korruption sowie Wassermanagement berücksichtigen, und bei den von Staaten ausgegebenen Wertpapieren berücksichtigen die verwendeten Ratings wichtige nachteilige Auswirkungen (PAI) wie CO2-Emissionen, Sozialverstöße und die Meinungsfreiheit.
- Ausschlusskriterien – Bei Direktanlagen in Unternehmen als Emittenten wendet der Teilfonds die (unten definierten) Ausschlusskriterien an, um die wichtigsten nachteiligen Auswirkungen abzumildern. Dazu schließt er schädliche Sektoren aus und verbietet Investitionen in Emittenten, die gegen internationale Standards wie den UNGC verstoßen.
- Mitwirkung – Fidelity nutzt Mitwirkung als ein Instrument, um die wichtigsten nachteiligen Auswirkungen besser zu verstehen und sich unter bestimmten Umständen für die Abmilderung der wichtigsten nachteiligen Auswirkungen einzusetzen. Fidelity beteiligt sich an relevanten individuellen und kollaborativen Arten der Mitwirkung, die auf eine Reihe von wichtigen negativen Auswirkungen abzielen (z. B. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Abstimmungsverhalten – Die Abstimmungspolitik von Fidelity umfasst bei Unternehmen als Emittenten explizite Mindeststandards für die Geschlechtervielfalt im Aufsichtsrat und die Auseinandersetzung mit dem Klimawandel. Fidelity kann auch auf eine Weise abstimmen, dass die wichtigsten nachteiligen Auswirkungen abgemildert werden.
- Vierteljährliche Überprüfungen – Überwachung der wichtigsten nachteiligen Auswirkungen (PAI) durch den vierteljährlichen Überprüfungsprozess des Teilfonds.

Wenn es um die Frage geht, ob Investitionen eine wesentliche nachteilige Auswirkung haben, berücksichtigt Fidelity für jeden Nachhaltigkeitsfaktor spezifische Indikatoren. Diese Indikatoren hängen von der Datenverfügbarkeit ab und können sich mit zunehmender Datenqualität und
-verfügbarkeit weiterentwickeln.
Informationen über die wichtigsten nachteiligen Auswirkungen werden im Jahresbericht des Teilfonds zur Verfügung gestellt.
Die Anlagestrategie dient aIs Richtschnur für Investitionsentscheidun- gen, wobei bestimmte Kriterien wie beispielsweise Investitionsziele oder Risikotoleranz
berücksichtigt werden.
Mindestens 50% des Nettovermögens des Teilfonds werden in Wertpapiere investiert, die gute ESG-Eigenschaften aufweisen.
Ob ESG-Eigenschaften gut sind, wird anhand von ESG-Ratings externer Agenturen und von Fidelity ESG-Ratings ermittelt.
Innerhalb dieses Anlageuniversums wählt der Investmentmanager Aktien mit Hilfe rigoroser Bottom-up-Finanzanalysen und -bewertungen aus, um Aktien mit einem Potenzial für hohe Anlagerenditen auszuwählen.
In Bezug auf seine Direktanlagen in Unternehmensemittenten berücksichtigt der Teilfonds:
- eine unternehmensweite Ausschlussliste, die Streumunition und Antipersonenlandminen umfasst; und
- eine normenbasierte Filterung von Emittenten, die nach Ansicht des Investmentmanagers ihre Geschäfte nicht in Übereinstimmung mit internationalen Normen, darunter den im UNGC festgelegten, durchgeführt haben.

Die oben genannten Ausschluss- und Filterkriterien (die „Ausschlusskriterien“) werden möglicherweise von Zeit zu Zeit aktualisiert. Weitere Informationen erhalten Sie auf der Website Sustainable investing framework (fidelityinternational.com).
Es steht zudem im Ermessen des Investmentmanagers, von Zeit zu Zeit erweiterte, strengere Nachhaltigkeitsanforderungen und Ausschlusskriterien anzuwenden.
Worin bestehen die verbindlichen Elemente der Anlagestrategie, die für die Auswahl der Investitionen zur Erfüllung der beworbenen ökologischen oder sozialen Ziele verwendet werden?
Der Teilfonds investiert:
- mindestens  50%  seines  Vermögens in Wertpapiere von Emittenten mit guten ESG-Eigenschaften,
- mindestens 20% in nachhaltige Anlagen, von denen mindestens 0% ein Umweltziel aufweisen, das sich an der EU-Taxonomie orientiert, mindestens 5% ein Umweltziel, das sich nicht an der EU-Taxonomie orientiert, und mindestens 5% ein Sozialziel verfolgen.

Darüber hinaus wird der Teilfonds die oben beschriebenen Ausschlusskriterien systematisch anwenden.
Um welchen Mindestsatz wird der Umfang der vor der Anwendung dieser Anlagestrategie in Betracht gezogenen Investitionen reduziert?
Diese Frage ist hier nicht relevant.
Die Verfahrensweisen einer guten
Unternehmensführung umfassen solide Managementstrukturen, die Beziehungen zu den Arbeitnehmern, die Vergütung von Mitarbeitern sowie die Einhaltung der Steuervorschriften.
Wie werden die Verfahrensweisen einer guten Unternehmensführung der Unternehmen, in die investiert wird, bewertet?
Die Governance-Praktiken der Emittenten werden anhand von Fundamentalresearch bewertet, die Fidelity ESG-Ratings sowie Daten zu Kontroversen und Verstößen gegen den UN Global Compact berücksichtigt.
Zu den wichtigsten Punkten, die analysiert werden, gehören unter anderem die Erfolgsbilanz der Kapitalallokation, die finanzielle Transparenz, Transaktionen mit nahestehenden Parteien, die Unabhängigkeit und Größe des Vorstands, die Vergütung der Führungskräfte, die Abschlussprüfer und die interne Aufsicht sowie die Rechte der Minderheitsanteilinhaber.
Die Vermögensallokation gibt den jeweiligen Anteil der Investitionen in bestimmte Vermögenswerte an.
Taxonomiekonforme Tätigkeiten, ausgedrückt durch den Anteil der:
- Umsatzerlöse, die den Anteil der Einnahmen aus umweltfreundlichenAktivitäten der Unternehmen, in die investiert wird, widerspiegeln
- Investitionsausgaben (CapEx), die die umweltfreundlichen Investitionen der Unternehmen, in die investiert wird, aufzeigen,z.B. für den Übergang zu einer grünen Wirtschaft- Betriebsausgaben (OpEx), die die umweltfreundlichenbetrieblichen Aktivitäten der Unternehmen, in die investiert wird, widerspiegeln(#1 Ausgerichtet an E/S-Eigenschaften) Der Teilfonds investiert nach Möglichkeit:
- mindestens 50% seines	Vermögens	in	Wertpapiere	von	Emittenten	mit	guten ESG-Eigenschaften,
- mindestens 20% seines Vermögens in nachhaltige (#1A nachhaltig) Anlagen, von denen mindestens 0% ein Umweltziel verfolgen (das an der EU-Taxonomie ausgerichtet ist), mindestens 5% ein Umweltziel haben (das nicht an der EU-Taxonomie ausgerichtet ist) und mindestens 5% ein Sozialziel haben. Die übrigen nachhaltigen Anlagen des Teilfonds können ein Umwelt- oder Sozialziel verfolgen.

Sonstige Umweltziele 5%
(#1B Sonstige E/S-Eigenschaften) Umfasst Wertpapiere von Emittenten mit guten ESG-Eigenschaften, die aber keine nachhaltigen Anlagen sind.
#1A Nachhaltige
Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale
50%
Investitionen 20%
#1B Andere ökologische oder soziale Merkmale
Soziales 5%
#2 Andere Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst Investitionen des Finanzprodukts, die zur Erreichung der beworbenen ökologischen oder sozialen Merkmale getätigt wurden.
#2 Andere Investitionen umfasst die übrigen Investitionen des Finanzprodukts, die weder auf ökologische oder soziale Merkmale ausgerichtet sind noch als nachhaltige Investitionen eingestuft werden.
Die Kategorie #1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst folgende Unterkategorien:
Die Unterkategorie #1A Nachhaltige Investitionen umfasst nachhaltige Investitionen mit ökologischen oder sozialen Zielen.
Die Unterkategorie #1B Andere ökologische oder soziale Merkmale umfasst Investitionen, die auf ökologische oder soziale Merkmale ausgerichtet sind, aber nicht als nachhaltige Investitionen eingestuft werden.
Inwiefern werden durch den Einsatz von Derivaten die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht?
Wenn das einem Derivat zugrunde liegende Wertpapier im Einklang mit dem System für nachhaltiges Investieren von Fidelity gute ESG-Eigenschaften aufweist, darf das Derivat zur Feststellung des Teilfondsanteils berücksichtigt werden, der Umwelt- oder Sozialeigenschaften fördert.
In welchem Mindestmaß sind nachhaltige Investitionen mit einem Umweltziel mit der EU-Taxonomie konform?
Der Teilfonds investiert mindestens 0% in nachhaltige Anlagen mit einem Umweltziel, die mit der EU-Taxonomie konform sind.
Die Konformität der Anlagen des Teilfonds mit der EU-Taxonomie wird nicht durch Wirtschaftsprüfer oder mittels einer Überprüfung durch Dritte sichergestellt.
Die Ausrichtung der zugrunde liegenden Anlagen des Teilfonds an der EU-Taxonomie wird anhand des Umsatzes gemessen.
Investiert das Finanzprodukt in Aktivitäten im Zusammenhang mit fossilem Gas und/oder Kernenergie, die der EU-Taxonomie¹ entsprechen?
- JaNein
- In fossiles Gas	In KernenergieWie hoch ist der Mindestanteil der Investitionen in Übergangstätigkeiten und ermöglichende Tätigkeiten?

Der Teilfonds investiert mindestens 0% in Übergangstätigkeiten und ermöglichende Tätigkeiten.
Wie hoch ist der Mindestanteil nachhaltiger Investitionen mit einem Umweltziel, die nicht mit der EU-Taxonomie konform sind?
Der Teilfonds investiert mindestens 5% in nachhaltige Anlagen mit einem Umweltziel, das nicht mit der EU-Taxonomie konform ist.
Die Anlagen können zwar mit der EU-Taxonomie konform sein, aber der Investmentmanager ist derzeit nicht in der Lage, den genauen Anteil der Anlagen des Teilfonds anzugeben, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftstätigkeiten berücksichtigen. Die Position wird jedoch weiterhin überprüft, wenn die zugrunde liegenden Regeln festgelegt sind und im Laufe der Zeit mehr zuverlässige Daten zur Verfügung stehen.
¹ Tätigkeiten im Bereich fossiles Gas und/oder Kernenergie sind nur dann EU-taxonomiekonform, wenn sie zur Eindämmung des Klimawandels („Klimaschutz“) beitragen und kein Ziel der EU-Taxonomie erheblich beeinträchtigen – siehe Erläuterung am linken Rand. Die vollständigen Kriterien für EU-taxonomiekonforme Wirtschaftstätigkeiten im Bereich fossiles Gas und Kernenergie sind in der Delegierten Verordnung (EU) 2022/1214 der Kommission festgelegt.
Wie hoch ist der Mindestanteil der sozial nachhaltigen Investitionen?
Der Teilfonds investiert mindestens 5% in nachhaltige Anlagen mit einem Sozialziel.
Welche Investitionen fallen unter ,,#2 Andere Investitionen", welcher Anlagezweck wird mit ihnen verfolgt und gibt es einen ökologischen oder sozialen Mindestschutz?
Die verbleibenden Anlagen des Teilfonds erfolgen in Instrumenten, die zum Finanzziel des Teilfonds passen, und für Liquiditätszwecke in liquiden Mitteln und liquiden Mitteln gleichstehenden Mitteln sowie in Derivaten, die als Anlagen und für eine effiziente Portfolioverwaltung eingesetzt werden können.
Zur Gewährleistung eines Mindestmaßes an Umwelt- und Sozialabsicherungen wendet der Teilfonds die Ausschlusskriterien an.

###### Wurde ein Index als Referenzwert bestimmt, um festzustellen, ob dieses Finanzprodukt auf die beworbenen ökologischen und/oder sozialen Merkmale ausgerichtet ist?
Es wird kein bestimmter Index als Referenzbenchmark angegeben, um festzustellen, ob dieses Finanzprodukt zu den geförderten Umwelt- oder Sozialeigenschaften passt.
Bei den Referenzwerten handelt es sich um Indizes, mit denen gemessen wird, ob das Finanzprodukt die beworbenen ökologischen oder sozialen Merkmale erreicht.
Inwiefern ist der Referenzwert kontinuierlich auf die mit dem Finanzprodukt beworbenen ökologischen und sozialen Merkmale ausgerichtet?
Diese Frage ist hier nicht relevant.
Wie wird die kontinuierliche Ausrichtung der Anlagestrategie auf die Indexmethode sichergestellt?
Diese Frage ist hier nicht relevant.
Wie unterscheidet sich der bestimmte Index von einem relevanten breiten Marktindex?
Diese Frage ist hier nicht relevant.
Wo kann die Methode zur Berechnung des bestimmten Indexes eingesehen werden?
Diese Frage ist hier nicht relevant.

###### 	Wo kann ich im Internet weitere produktspezifische Informationen finden?
Weitere produktspezifische Informationen finden Sie auf der Website: https:/www.fidelity.lu/funds/factsheet/LU1400166911/tab-disclosure#SFDR-disclosure. 
Weitere Informationen zu den hier dargelegten Methoden finden Sie auf der Website: System fürnachhaltiges Investieren (fidelityinternational.com).
Vorvertragliche Informationen zu den in Artikel 8 Absätze 1, 2 und 2a der Verordnung (EU) 2019/2088 und Artikel 6 Absatz 1 der Verordnung (EU) 2020/852 genannten Finanzprodukten
Name des Produkts:	Unternehmenskennung (LEI- Code):
Fidelity Funds - Greater China Fund II	549300ZKE6NT4EWYQU42

###### Ökologische und/oder soziale Merkmale
| Werden mit diesem Finanzprodukt nachhaltige Investitionen angestrebt? |
| --- |
|  | - Ja
 |  | Nein |
| - Es wird damit ein MindestanteiI an nachhaltigen Investitionen mit einem Umweltziel getätigt:%
	- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie als ökologisch nachhaltig einzustufen sind
	- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie nicht als ökologisch nachhaltig einzustufen sind

- Es wird damit ein Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel getätigt:%
 | Es werden damit ökologische/soziale Merkmale beworben und obwohl keine nachhaltigen Investitionen angestrebt werden, enthält es einen Mindestanteil von 20% an nachhaltigen Investitionen. - mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie als ökologisch nachhaltig einzustufen sindmit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie nicht als ökologisch nachhaltig einzustufen sindmit einem sozialen Ziel
- Es	werden		damit	ökologische/soziale Merkmale	beworben,		aber	keinenachhaltigen Investitionen getätigt.
 |

Welche ökologischen und/ oder sozialen Merkmale werden mit diesem Finanzprodukt beworben?
Mit Nachhaltigkeitsin- dikatoren wird gemessen, inwieweit die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht werden.
Der Teilfonds fördert Umwelt- und Sozialeigenschaften, indem er in Wertpapiere von Emittenten mit guten ESG-Eigenschaften investiert. Gute ESG-Eigenschaften werden anhand von ESG-Ratings ermittelt. ESG-Ratings berücksichtigen Umwelteigenschaften wie CO2-Intensität, CO2-Emissionen, Energieeffizienz, Wasser- und Abfallmanagement und Biodiversität sowie Sozialeigenschaften wie Produktsicherheit, Lieferkette, Gesundheit und Sicherheit sowie Menschenrechte.
Der Teilfonds ist in gewissem Maße bestrebt, nachhaltige Anlagen zu tätigen.
Es wird keine Referenzbenchmark festgelegt, um die geförderten Umwelt- und Sozialeigenschaften zu erreichen.
einzelnen ökologischen oder sozialen Merkmale, die durch dieses Finanzprodukt beworben werden, herangezogen?
Der Teilfonds verwendet die folgenden Nachhaltigkeitsindikatoren, um die Ausprägung der von ihm geförderten Umwelt- oder Sozialeigenschaften zu messen:
- der  Prozentsatz des Teilfonds, der in Wertpapieren von Emittenten mit guten ESG-Eigenschaften im Einklang mit dem System für nachhaltiges Investieren von Fidelity investiert ist;
- in Bezug auf seine Direktanlagen in Unternehmen als Emittenten der Prozentsatz des Teilfonds, der in Wertpapiere von Emittenten investiert ist, auf die Ausschlusskriterien (wie unten definiert) zutreffen;
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen investiert ist; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel bei Wirtschaftsaktivitäten investiert ist, die gemäß der EU-Taxonomie nicht als ökologisch nachhaltig gelten; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel investiert ist.

Welches sind die Ziele der nachhaltigen Investitionen, die mit dem
Finanzprodukt teilweise getätigt werden sollen, und wie trägt die nachhaltige Investition zu diesen Zielen bei?
Der Teilfonds ermittelt wie folgt, ob eine Anlage nachhaltig ist:
- Emittenten, die wirtschaftliche Tätigkeiten ausüben, die zu einem oder mehreren der in der EU-Taxonomie festgelegten Umweltziele beitragen und gemäß der EU-Taxonomie als ökologisch nachhaltig gelten; oder
- Emittenten, bei denen der Großteil ihrer Geschäftstätigkeit (mehr als 50% des Umsatzes) zu ökologischen oder sozialen Zielen beiträgt, die mit einem oder mehreren der Ziele der Vereinten Nationen für nachhaltige Entwicklung („SDG“) in Einklang stehen; oder
- Emittenten, die ein Dekarbonisierungsziel festgelegt haben, das mit einem Temperaturanstiegsszenario mit 1,5 Grad oder weniger vereinbar ist (überprüft durch die Science Based Target Initiative oder ein Fidelity Proprietary Climate Rating), das als Beitrag zu Umweltzielen angesehen wird;sofern sie keinen wesentlichen Schaden anrichten, Mindestabsicherungen bieten und gute Governance-Kriterien aufweisen.

teilweise getätigt werden sollen, keinem der ökologischen oder sozialen nachhaltigen Anlageziele erheblich schaden?
Nachhaltige Anlagen werden auf ihre Beteiligung an Aktivitäten überprüft, die erheblichen Schaden und Kontroversen verursachen, und durch eine Kontrolle bewertet, ob der Emittent Mindestabsicherungen und -standards hinsichtlich der wichtigsten nachteiligen Auswirkungen (PAI) sowie die Leistung bei den PAI-Kennzahlen umsetzt bzw. erfüllt. Dazu gehören:
- Normenbasierte Filterkriterien – das Filtern von Wertpapieren, die gemäß den bestehenden (unten beschriebenen) normenbasierten Filterkriterien von Fidelity ermittelt wurden, anhand von:
- aktivitätsbasierten Filterkriterien – das Filtern von Emittenten auf der Grundlage ihrer Beteiligung an Aktivitäten mit erheblichen negativen Auswirkungen auf die Gesellschaft oder die Umwelt, darunter Emittenten, bei denen aufgrund der Filterkriterien für Kontroversen eine„sehr gravierende“ Kontroverse vorliegt, die im Bereich
- Umwelt,
- Menschenrechte und Gemeinschaften,
- Arbeitnehmerrechte und Lieferkette,
- Kunden,
- Governance angesiedelt ist; und anhand von
	- PAI-Indikatoren. Quantitative Daten (sofern verfügbar) zu PAI-Indikatoren werden verwendet, um zu bewerten, ob ein Emittent an Aktivitäten beteiligt ist, die einem Umwelt- oder Sozialziel erheblichen Schaden zufügen.


Bei den wichtigsten nachteiligen Auswirkungen handelt es sich um die bedeutendsten nachteiligen Auswirkungen von Investitionsentscheidun- gen auf NachhaItigkeitsfaktoren in den Bereichen Umwelt, Soziales und Beschäftigung, Achtung der Menschenrechte und Bekämpfung von Korruption und Bestechung.
Wie wurden die Indikatoren für nachteilige Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Für nachhaltige Anlagen, wie oben beschrieben, führt Fidelity eine quantitative Bewertung durch, um Emittenten mit einer problematischen Leistung bei PAI-Indikatoren zu ermitteln. Emittenten mit einer niedrigen Punktzahl kommen nur dann für „nachhaltige Anlagen“ infrage, wenn die Fundamentalresearch von Fidelity feststellt, dass der Emittent nicht gegen die Anforderungen verstößt, „keinen wesentlichen Schaden anrichtet“ oder sich auf einem guten Weg befindet, um die nachteiligen Auswirkungen durch effektives Management oder einen Übergang abzumildern.
Wie stehen die nachhaltigen Investitionen mit den OECD-Leitsätzen für multinationale Unternehmen und den Leitprinzipien der Vereinten Nationen für Wirtschaft und
Menschenrechte in Einklang? Nähere Angaben:
Es werden normenbasierte Filterkriterien angewendet: Emittenten, bei denen festgestellt wurde, dass sie sich nicht in einer Weise verhalten, die ihrer grundlegenden Verantwortung in den Bereichen Menschenrechte, Arbeit, Umwelt und Korruptionsbekämpfung im Einklang mit internationalen Normen gerecht wird, darunter denjenigen, die in den OECD-Leitsätzen für multinationale Unternehmen, den Leitprinzipien der Vereinten Nationen für Wirtschaft und Menschenrechte, dem UN Global Compact (UNGC) und den IAO-Standards der Internationalen Arbeitsorganisation (ILO) festgelegt sind, kommen für nachhaltige Investitionen nicht infrage.
In der EU-Taxonomie ist der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" festgelegt, nach dem taxonomiekonforme Investitionen die Ziele der EU-Taxonomie nicht erheblich beeinträchtigen dürfen, und es sind spezifische EU-Kriterien beigefügt. Der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" findet nur bei denjenigen dem Finanzprodukt zugrunde liegenden Investitionen Anwendung, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten berücksichtigen. Die dem verbleibenden Teil dieses  Finanzprodukts zugrunde  liegenden Investitionen berücksichtigen nicht die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten. Alle anderen nachhaltigen Investitionen dürfen ökologische oder soziale Ziele ebenfalls nicht erheblich beeinträchtigen.

###### Werden bei diesem Finanzprodukt die wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Ja
- NeinDie wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren werden mit Hilfe einer Vielzahl von Instrumenten berücksichtigt und in Anlageentscheidungen einbezogen. Hierzu zählen:
- Due Diligence – Analyse, ob die wichtigsten nachteiligen Auswirkungen (PAI) wesentlich und negativ sind.
- ESG-Rating – Fidelity bezieht sich auf ESG-Ratings, die wesentliche nachteilige Auswirkungen wie CO2-Emissionen, Mitarbeitersicherheit, Bestechung und Korruption sowie Wassermanagement berücksichtigen, und bei den von Staaten ausgegebenen Wertpapieren berücksichtigen die verwendeten Ratings wichtige nachteilige Auswirkungen (PAI) wie CO2-Emissionen, Sozialverstöße und die Meinungsfreiheit.
- Ausschlusskriterien – Bei Direktanlagen in Unternehmen als Emittenten wendet der Teilfonds die (unten definierten) Ausschlusskriterien an, um die wichtigsten nachteiligen Auswirkungen abzumildern. Dazu schließt er schädliche Sektoren aus und verbietet Investitionen in Emittenten, die gegen internationale Standards wie den UNGC verstoßen.
- Mitwirkung – Fidelity nutzt Mitwirkung als ein Instrument, um die wichtigsten nachteiligen Auswirkungen besser zu verstehen und sich unter bestimmten Umständen für die Abmilderung der wichtigsten nachteiligen Auswirkungen einzusetzen. Fidelity beteiligt sich an relevanten individuellen und kollaborativen Arten der Mitwirkung, die auf eine Reihe von wichtigen negativen Auswirkungen abzielen (z. B. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Abstimmungsverhalten – Die Abstimmungspolitik von Fidelity umfasst bei Unternehmen als Emittenten explizite Mindeststandards für die Geschlechtervielfalt im Aufsichtsrat und die Auseinandersetzung mit dem Klimawandel. Fidelity kann auch auf eine Weise abstimmen, dass die wichtigsten nachteiligen Auswirkungen abgemildert werden.
- Vierteljährliche Überprüfungen – Überwachung der wichtigsten nachteiligen Auswirkungen (PAI) durch den vierteljährlichen Überprüfungsprozess des Teilfonds.

Wenn es um die Frage geht, ob Investitionen eine wesentliche nachteilige Auswirkung haben, berücksichtigt Fidelity für jeden Nachhaltigkeitsfaktor spezifische Indikatoren. Diese Indikatoren hängen von der Datenverfügbarkeit ab und können sich mit zunehmender Datenqualität und
-verfügbarkeit weiterentwickeln.
Informationen über die wichtigsten nachteiligen Auswirkungen werden im Jahresbericht des Teilfonds zur Verfügung gestellt.
Die Anlagestrategie dient aIs Richtschnur für Investitionsentscheidun- gen, wobei bestimmte Kriterien wie beispielsweise Investitionsziele oder Risikotoleranz
berücksichtigt werden.
Mindestens 50% des Nettovermögens des Teilfonds werden in Wertpapiere investiert, die gute ESG-Eigenschaften aufweisen.
Ob ESG-Eigenschaften gut sind, wird anhand von ESG-Ratings externer Agenturen und von Fidelity ESG-Ratings ermittelt.
Innerhalb dieses Anlageuniversums wählt der Investmentmanager Aktien mit Hilfe rigoroser Bottom-up-Finanzanalysen und -bewertungen aus, um Aktien mit einem Potenzial für hohe Anlagerenditen auszuwählen.
In Bezug auf seine Direktanlagen in Unternehmensemittenten berücksichtigt der Teilfonds:
- eine unternehmensweite Ausschlussliste, die Streumunition und Antipersonenlandminen umfasst; und
- eine normenbasierte Filterung von Emittenten, die nach Ansicht des Investmentmanagers ihre Geschäfte nicht in Übereinstimmung mit internationalen Normen, darunter den im UNGC festgelegten, durchgeführt haben.

Die oben genannten Ausschluss- und Filterkriterien (die „Ausschlusskriterien“) werden möglicherweise von Zeit zu Zeit aktualisiert. Weitere Informationen erhalten Sie auf der Website Sustainable investing framework (fidelityinternational.com).
Es steht zudem im Ermessen des Investmentmanagers, von Zeit zu Zeit erweiterte, strengere Nachhaltigkeitsanforderungen und Ausschlusskriterien anzuwenden.
Worin bestehen die verbindlichen Elemente der Anlagestrategie, die für die Auswahl der Investitionen zur Erfüllung der beworbenen ökologischen oder sozialen Ziele verwendet werden?
Der Teilfonds investiert:
- mindestens 50% seines Vermögens in Emittenten mit guten ESG-Eigenschaften;
- mindestens 20% in nachhaltige Anlagen, von denen mindestens 0% ein Umweltziel verfolgen, das sich an der EU-Taxonomie orientiert, mindestens 5% ein Umweltziel, das sich nicht an der EU-Taxonomie orientiert, und mindestens 5% ein Sozialziel.

Darüber hinaus wird der Teilfonds die oben beschriebenen Ausschlusskriterien systematisch anwenden.
Um welchen Mindestsatz wird der Umfang der vor der Anwendung dieser Anlagestrategie in Betracht gezogenen Investitionen reduziert?
Diese Frage ist hier nicht relevant.
Die Verfahrensweisen einer guten
Unternehmensführung umfassen solide Managementstrukturen, die Beziehungen zu den Arbeitnehmern, die Vergütung von Mitarbeitern sowie die Einhaltung der Steuervorschriften.
Wie werden die Verfahrensweisen einer guten Unternehmensführung der Unternehmen, in die investiert wird, bewertet?
Die Governance-Praktiken der Emittenten werden anhand von Fundamentalresearch bewertet, die Fidelity ESG-Ratings sowie Daten zu Kontroversen und Verstößen gegen den UN Global Compact berücksichtigt.
Zu den wichtigsten Punkten, die analysiert werden, gehören unter anderem die Erfolgsbilanz der Kapitalallokation, die finanzielle Transparenz, Transaktionen mit nahestehenden Parteien, die Unabhängigkeit und Größe des Vorstands, die Vergütung der Führungskräfte, die Abschlussprüfer und die interne Aufsicht sowie die Rechte der Minderheitsanteilinhaber.
Die Vermögensallokation gibt den jeweiligen Anteil der Investitionen in bestimmte Vermögenswerte an.
Taxonomiekonforme Tätigkeiten, ausgedrückt durch den Anteil der:
- Umsatzerlöse, die den Anteil der Einnahmen aus umweltfreundlichenAktivitäten der Unternehmen, in die investiert wird, widerspiegeln
- Investitionsausgaben (CapEx), die die umweltfreundlichen Investitionen der Unternehmen, in die investiert wird, aufzeigen,z.B. für den Übergang zu einer grünen Wirtschaft- Betriebsausgaben (OpEx), die die umweltfreundlichenbetrieblichen Aktivitäten der Unternehmen, in die investiert wird, widerspiegeln(#1 Ausgerichtet an E/S-Eigenschaften) Der Teilfonds investiert nach Möglichkeit:
- mindestens 50% seines	Vermögens	in	Wertpapiere	von	Emittenten	mit	guten ESG-Eigenschaften,
- mindestens 20% seines Vermögens in nachhaltige (#1A nachhaltig) Anlagen, von denen mindestens 0% ein Umweltziel verfolgen (das an der EU-Taxonomie ausgerichtet ist), mindestens 5% ein Umweltziel haben (das nicht an der EU-Taxonomie ausgerichtet ist) und mindestens 5% ein Sozialziel haben. Die übrigen nachhaltigen Anlagen des Teilfonds können ein Umwelt- oder Sozialziel verfolgen.

Sonstige Umweltziele 5%
(#1B Sonstige E/S-Eigenschaften) Umfasst Wertpapiere von Emittenten mit guten ESG-Eigenschaften, die aber keine nachhaltigen Anlagen sind.
#1A Nachhaltige
Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale
50%
Investitionen 20%
#1B Andere ökologische oder soziale Merkmale
Soziales 5%
#2 Andere Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst Investitionen des Finanzprodukts, die zur Erreichung der beworbenen ökologischen oder sozialen Merkmale getätigt wurden.
#2 Andere Investitionen umfasst die übrigen Investitionen des Finanzprodukts, die weder auf ökologische oder soziale Merkmale ausgerichtet sind noch als nachhaltige Investitionen eingestuft werden.
Die Kategorie #1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst folgende Unterkategorien:
Die Unterkategorie #1A Nachhaltige Investitionen umfasst nachhaltige Investitionen mit ökologischen oder sozialen Zielen.
Die Unterkategorie #1B Andere ökologische oder soziale Merkmale umfasst Investitionen, die auf ökologische oder soziale Merkmale ausgerichtet sind, aber nicht als nachhaltige Investitionen eingestuft werden.
Inwiefern werden durch den Einsatz von Derivaten die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht?
Wenn das einem Derivat zugrunde liegende Wertpapier im Einklang mit dem System für nachhaltiges Investieren von Fidelity gute ESG-Eigenschaften aufweist, darf das Derivat zur Feststellung des Teilfondsanteils berücksichtigt werden, der Umwelt- oder Sozialeigenschaften fördert.
In welchem Mindestmaß sind nachhaltige Investitionen mit einem Umweltziel mit der EU-Taxonomie konform?
Der Teilfonds investiert mindestens 0% in nachhaltige Anlagen mit einem Umweltziel, die mit der EU-Taxonomie konform sind.
Die Konformität der Anlagen des Teilfonds mit der EU-Taxonomie wird nicht durch Wirtschaftsprüfer oder mittels einer Überprüfung durch Dritte sichergestellt.
Die Ausrichtung der zugrunde liegenden Anlagen des Teilfonds an der EU-Taxonomie wird anhand des Umsatzes gemessen.
Investiert das Finanzprodukt in Aktivitäten im Zusammenhang mit fossilem Gas und/oder Kernenergie, die der EU-Taxonomie¹ entsprechen?
- JaNein
- In fossiles Gas	In KernenergieWie hoch ist der Mindestanteil der Investitionen in Übergangstätigkeiten und ermöglichende Tätigkeiten?

Der Teilfonds investiert mindestens 0% in Übergangstätigkeiten und ermöglichende Tätigkeiten.
Wie hoch ist der Mindestanteil nachhaltiger Investitionen mit einem Umweltziel, die nicht mit der EU-Taxonomie konform sind?
Der Teilfonds investiert mindestens 5% in nachhaltige Anlagen mit einem Umweltziel, das nicht mit der EU-Taxonomie konform ist.
Die Anlagen können zwar mit der EU-Taxonomie konform sein, aber der Investmentmanager ist derzeit nicht in der Lage, den genauen Anteil der Anlagen des Teilfonds anzugeben, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftstätigkeiten berücksichtigen. Die Position wird jedoch weiterhin überprüft, wenn die zugrunde liegenden Regeln festgelegt sind und im Laufe der Zeit mehr zuverlässige Daten zur Verfügung stehen.
¹ Tätigkeiten im Bereich fossiles Gas und/oder Kernenergie sind nur dann EU-taxonomiekonform, wenn sie zur Eindämmung des Klimawandels („Klimaschutz“) beitragen und kein Ziel der EU-Taxonomie erheblich beeinträchtigen – siehe Erläuterung am linken Rand. Die vollständigen Kriterien für EU-taxonomiekonforme Wirtschaftstätigkeiten im Bereich fossiles Gas und Kernenergie sind in der Delegierten Verordnung (EU) 2022/1214 der Kommission festgelegt.
Wie hoch ist der Mindestanteil der sozial nachhaltigen Investitionen?
Der Teilfonds investiert mindestens 5% in nachhaltige Anlagen mit einem Sozialziel.
Welche Investitionen fallen unter ,,#2 Andere Investitionen", welcher Anlagezweck wird mit ihnen verfolgt und gibt es einen ökologischen oder sozialen Mindestschutz?
Die verbleibenden Anlagen des Teilfonds erfolgen in Instrumenten, die zum Finanzziel des Teilfonds passen, und für Liquiditätszwecke in liquiden Mitteln und liquiden Mitteln gleichstehenden Mitteln sowie in Derivaten, die als Anlagen und für eine effiziente Portfolioverwaltung eingesetzt werden können.
Zur Gewährleistung eines Mindestmaßes an Umwelt- und Sozialabsicherungen wendet der Teilfonds die Ausschlusskriterien an.

###### Wurde ein Index als Referenzwert bestimmt, um festzustellen, ob dieses Finanzprodukt auf die beworbenen ökologischen und/oder sozialen Merkmale ausgerichtet ist?
Es wird kein bestimmter Index als Referenzbenchmark angegeben, um festzustellen, ob dieses Finanzprodukt zu den geförderten Umwelt- oder Sozialeigenschaften passt.
Bei den Referenzwerten handelt es sich um Indizes, mit denen gemessen wird, ob das Finanzprodukt die beworbenen ökologischen oder sozialen Merkmale erreicht.
Inwiefern ist der Referenzwert kontinuierlich auf die mit dem Finanzprodukt beworbenen ökologischen und sozialen Merkmale ausgerichtet?
Diese Frage ist hier nicht relevant.
Wie wird die kontinuierliche Ausrichtung der Anlagestrategie auf die Indexmethode sichergestellt?
Diese Frage ist hier nicht relevant.
Wie unterscheidet sich der bestimmte Index von einem relevanten breiten Marktindex?
Diese Frage ist hier nicht relevant.
Wo kann die Methode zur Berechnung des bestimmten Indexes eingesehen werden?
Diese Frage ist hier nicht relevant.

###### 	Wo kann ich im Internet weitere produktspezifische Informationen finden?
Weitere produktspezifische Informationen finden Sie auf der Website: https:/www.fidelity.lu/funds/factsheet/LU0605518397/tab-disclosure#SFDR-disclosure. 
Weitere Informationen zu den hier dargelegten Methoden finden Sie auf der Website: System fürnachhaltiges Investieren (fidelityinternational.com).
Vorvertragliche Informationen zu den in Artikel 8 Absätze 1, 2 und 2a der Verordnung (EU) 2019/2088 und Artikel 6 Absatz 1 der Verordnung (EU) 2020/852 genannten Finanzprodukten
Name des Produkts:	Unternehmenskennung (LEI- Code):
Fidelity Funds - Sustainable All China Equity Fund	254900EMLMON5USOI521

###### Ökologische und/oder soziale Merkmale
| Werden mit diesem Finanzprodukt nachhaltige Investitionen angestrebt? |
| --- |
|  | - Ja
 |  | Nein |
| - Es wird damit ein MindestanteiI an nachhaltigen Investitionen mit einem Umweltziel getätigt:%
	- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie als ökologisch nachhaltig einzustufen sind
	- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie nicht als ökologisch nachhaltig einzustufen sind

- Es wird damit ein Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel getätigt:%
 | Es werden damit ökologische/soziale Merkmale beworben und obwohl keine nachhaltigen Investitionen angestrebt werden, enthält es einen Mindestanteil von 20% an nachhaltigen Investitionen. - mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie als ökologisch nachhaltig einzustufen sindmit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie nicht als ökologisch nachhaltig einzustufen sindmit einem sozialen Ziel
- Es	werden		damit	ökologische/soziale Merkmale	beworben,		aber	keinenachhaltigen Investitionen getätigt.
 |

Welche ökologischen und/ oder sozialen Merkmale werden mit diesem Finanzprodukt beworben?
Mit Nachhaltigkeitsin- dikatoren wird gemessen, inwieweit die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht werden.
Der Teilfonds fördert Umwelt- und Sozialeigenschaften, indem er in Wertpapiere von Emittenten mit guten ESG-Eigenschaften investiert. Gute ESG-Eigenschaften werden anhand von ESG-Ratings ermittelt. ESG-Ratings berücksichtigen Umwelteigenschaften wie CO2-Intensität, CO2-Emissionen, Energieeffizienz, Wasser- und Abfallmanagement und Biodiversität sowie Sozialeigenschaften wie Produktsicherheit, Lieferkette, Gesundheit und Sicherheit sowie Menschenrechte.
Der Teilfonds ist in gewissem Maße bestrebt, nachhaltige Anlagen zu tätigen.
Es wird keine Referenzbenchmark festgelegt, um die geförderten Umwelt- und Sozialeigenschaften zu erreichen.
einzelnen ökologischen oder sozialen Merkmale, die durch dieses Finanzprodukt beworben werden, herangezogen?
Der Teilfonds verwendet die folgenden Nachhaltigkeitsindikatoren, um die Ausprägung der von ihm geförderten Umwelt- oder Sozialeigenschaften zu messen:
- der  Prozentsatz des Teilfonds, der in Wertpapieren von Emittenten mit guten ESG-Eigenschaften im Einklang mit dem System für nachhaltiges Investieren von Fidelity investiert ist;
- in Bezug auf seine Direktanlagen der Prozentsatz des Teilfonds, der in Wertpapiere von Emittenten investiert ist, auf die Ausschlusskriterien (wie unten definiert) zutreffen;
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen investiert ist; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel bei Wirtschaftsaktivitäten investiert ist, die gemäß der EU-Taxonomie nicht als ökologisch nachhaltig gelten; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel investiert ist.

Welches sind die Ziele der nachhaltigen Investitionen, die mit dem
Finanzprodukt teilweise getätigt werden sollen, und wie trägt die nachhaltige Investition zu diesen Zielen bei?
Der Teilfonds ermittelt wie folgt, ob eine Anlage nachhaltig ist:
- Emittenten, die wirtschaftliche Tätigkeiten ausüben, die zu einem oder mehreren der in der EU-Taxonomie festgelegten Umweltziele beitragen und gemäß der EU-Taxonomie als ökologisch nachhaltig gelten; oder
- Emittenten, bei denen der Großteil ihrer Geschäftstätigkeit (mehr als 50% des Umsatzes) zu Umwelt- oder Sozialzielen beiträgt, die mit einem oder mehreren der Ziele der Vereinten Nationen für nachhaltige Entwicklung („SDG“) in Einklang stehen; oder
- Emittenten, die ein Dekarbonisierungsziel festgelegt haben, das mit einem Temperaturanstiegsszenario mit 1,5 Grad oder weniger vereinbar ist (überprüft durch die Science Based Target Initiative oder ein Fidelity Proprietary Climate Rating), das als Beitrag zu Umweltzielen angesehen wird;sofern sie keinen wesentlichen Schaden anrichten, Mindestabsicherungen bieten und gute Governance-Kriterien aufweisen.

teilweise getätigt werden sollen, keinem der ökologischen oder sozialen nachhaltigen Anlageziele erheblich schaden?
Nachhaltige Anlagen werden auf ihre Beteiligung an Aktivitäten überprüft, die erheblichen Schaden und Kontroversen verursachen, und durch eine Kontrolle bewertet, ob der Emittent Mindestabsicherungen und -standards hinsichtlich der wichtigsten nachteiligen Auswirkungen (PAI) sowie die Leistung bei den PAI-Kennzahlen umsetzt bzw. erfüllt. Dazu gehören:
- Normenbasierte Filterkriterien – das Filtern von Wertpapieren, die gemäß den bestehenden (unten beschriebenen) normenbasierten Filterkriterien von Fidelity ermittelt wurden, anhand von:
- aktivitätsbasierten Filterkriterien – das Filtern von Emittenten auf der Grundlage ihrer Beteiligung an Aktivitäten mit erheblichen negativen Auswirkungen auf die Gesellschaft oder die Umwelt, darunter Emittenten, bei denen aufgrund der Filterkriterien für Kontroversen eine„sehr gravierende“ Kontroverse vorliegt, die im Bereich
- Umwelt,
- Menschenrechte und Gemeinschaften,
- Arbeitnehmerrechte und Lieferkette,
- Kunden,
- Governance angesiedelt ist; und anhand von
	- PAI-Indikatoren. Quantitative Daten (sofern verfügbar) zu PAI-Indikatoren werden verwendet, um zu bewerten, ob ein Emittent an Aktivitäten beteiligt ist, die einem Umwelt- oder Sozialziel erheblichen Schaden zufügen.


Bei den wichtigsten nachteiligen Auswirkungen handelt es sich um die bedeutendsten nachteiligen Auswirkungen von Investitionsentscheidun- gen auf NachhaItigkeitsfaktoren in den Bereichen Umwelt, Soziales und Beschäftigung, Achtung der Menschenrechte und Bekämpfung von Korruption und Bestechung.
Wie wurden die Indikatoren für nachteilige Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Für nachhaltige Anlagen, wie oben beschrieben, führt Fidelity eine quantitative Bewertung  durch,  um  Unternehmen  mit  einer  problematischen  Leistung  bei PAI-Indikatoren zu ermitteln. Emittenten mit einer niedrigen Punktzahl kommen nur dann für „nachhaltige Anlagen“ infrage, wenn die Fundamentalresearch von Fidelity feststellt, dass der Emittent nicht gegen die Anforderungen verstößt, „keinen wesentlichen Schaden anrichtet“ oder sich auf einem Weg befindet, um die nachteiligen Auswirkungen durch effektives Management oder einen Übergang abzumildern.
Wie stehen die nachhaltigen Investitionen mit den OECD-Leitsätzen für multinationale Unternehmen und den Leitprinzipien der Vereinten Nationen für Wirtschaft und
Menschenrechte in Einklang? Nähere Angaben:
Es werden normenbasierte Filterkriterien angewendet: Emittenten, bei denen festgestellt wurde, dass sie sich nicht in einer Weise verhalten, die ihrer grundlegenden Verantwortung in den Bereichen Menschenrechte, Arbeit, Umwelt und Korruptionsbekämpfung im Einklang mit internationalen Normen gerecht wird, darunter denjenigen, die in den OECD-Leitsätzen für multinationale Unternehmen, den Leitprinzipien der Vereinten Nationen für Wirtschaft und Menschenrechte, dem UN Global Compact (UNGC) und den IAO-Standards der Internationalen Arbeitsorganisation (ILO) festgelegt sind, kommen für nachhaltige Investitionen nicht infrage.
In der EU-Taxonomie ist der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" festgelegt, nach dem taxonomiekonforme Investitionen die Ziele der EU-Taxonomie nicht erheblich beeinträchtigen dürfen, und es sind spezifische EU-Kriterien beigefügt. Der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" findet nur bei denjenigen dem Finanzprodukt zugrunde liegenden Investitionen Anwendung, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten berücksichtigen. Die dem verbleibenden Teil dieses  Finanzprodukts zugrunde  liegenden Investitionen berücksichtigen nicht die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten. Alle anderen nachhaltigen Investitionen dürfen ökologische oder soziale Ziele ebenfalls nicht erheblich beeinträchtigen.

###### Werden bei diesem Finanzprodukt die wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Ja
- NeinDie wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren werden mit Hilfe einer Vielzahl von Instrumenten berücksichtigt und in Anlageentscheidungen einbezogen. Hierzu zählen:
- Due Diligence – Analyse, ob die wichtigsten nachteiligen Auswirkungen (PAI) wesentlich und negativ sind.
- ESG-Rating – Fidelity bezieht sich auf ESG-Ratings, die wesentliche nachteilige Auswirkungen wie CO2-Emissionen, Mitarbeitersicherheit, Bestechung und Korruption sowie Wassermanagement berücksichtigen, und bei den von Staaten ausgegebenen Wertpapieren berücksichtigen die verwendeten Ratings wichtige nachteilige Auswirkungen (PAI) wie CO2-Emissionen, Sozialverstöße und die Meinungsfreiheit.
- Ausschlusskriterien – Bei Direktanlagen in Unternehmen als Emittenten wendet der Teilfonds die (unten definierten) Ausschlusskriterien an, um die wichtigsten nachteiligen Auswirkungen abzumildern. Dazu schließt er schädliche Sektoren aus und verbietet Investitionen in Emittenten, die gegen internationale Standards wie den UNGC verstoßen.
- Mitwirkung – Fidelity nutzt Mitwirkung als ein Instrument, um die wichtigsten nachteiligen Auswirkungen besser zu verstehen und sich unter bestimmten Umständen für die Abmilderung der wichtigsten nachteiligen Auswirkungen einzusetzen. Fidelity beteiligt sich an relevanten individuellen und kollaborativen Arten der Mitwirkung, die auf eine Reihe von wichtigen negativen Auswirkungen abzielen (z. B. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Abstimmungsverhalten – Die Abstimmungspolitik von Fidelity umfasst bei Unternehmen als Emittenten explizite Mindeststandards für die Geschlechtervielfalt im Aufsichtsrat und die Auseinandersetzung mit dem Klimawandel. Fidelity kann auch auf eine Weise abstimmen, dass die wichtigsten nachteiligen Auswirkungen abgemildert werden.
- Vierteljährliche Überprüfungen – Überwachung der wichtigsten nachteiligen Auswirkungen (PAI) durch den vierteljährlichen Überprüfungsprozess des Teilfonds.

Wenn es um die Frage geht, ob Investitionen eine wesentliche nachteilige Auswirkung haben, berücksichtigt Fidelity für jeden Nachhaltigkeitsfaktor spezifische Indikatoren. Diese Indikatoren hängen von der Datenverfügbarkeit ab und können sich mit zunehmender Datenqualität und
-verfügbarkeit weiterentwickeln.
Informationen über die wichtigsten nachteiligen Auswirkungen werden im Jahresbericht des Teilfonds zur Verfügung gestellt.

###### Welche Anlagestrategie wird mit diesem Finanzprodukt verfolgt?
Die Anlagestrategie dient aIs Richtschnur für Investitionsentscheidun- gen, wobei bestimmte Kriterien wie beispielsweise Investitionsziele oder Risikotoleranz
berücksichtigt werden.
Der Teilfonds gehört zur Familie der Fidelity Nachhaltigkeitsfonds und verfolgt eine auf Nachhaltigkeit ausgerichtete Strategie, nach der mindestens 70% des Nettovermögens des Teilfonds in Wertpapiere investiert werden, die gute ESG-Eigenschaften aufweisen.
Ob ESG-Eigenschaften gut sind, wird anhand von ESG-Ratings externer Agenturen und von Fidelity ESG-Ratings ermittelt.
Emittenten, deren Rating sie für die Zwecke des Primärziels (mindestens 70% des Vermögens) als ungeeignet zur Einstufung als Unternehmen mit guten ESG-Eigenschaften erscheinen lässt, können im Umfang von bis zu 30% des Nettovermögens aufgenommen werden, sofern sie nachweisen können, dass sie sich hinsichtlich ihrer ESG-Eigenschaften auf dem Weg der Besserung befinden.
Das durchschnittliche ESG-Rating des Teilfonds wird das durchschnittliche ESG-Rating des Anlageuniversums; (für die Zwecke dieser Berechnung) repräsentiert durch den MSCI China All Shares Index (der „Index“), nach Ausschluss von 20% der Index-Vermögenswerte mit den niedrigsten ESG-Ratings übersteigen.
Innerhalb dieses Anlageuniversums wählt der Investmentmanager Aktien mit Hilfe rigoroser Bottom-up-Finanzanalysen und -bewertungen aus, um Aktien mit einem Potenzial für hohe Anlagerenditen auszuwählen.
In Bezug auf seine Direktanlagen berücksichtigt der Teilfonds:
- eine unternehmensweite Ausschlussliste, die Streumunition und Antipersonenminen umfasst, und
- eine prinzipienbasierte Ausschlussrichtlinie, die Folgendes beinhaltet:
	- eine normenbasierte Filterung von Emittenten, die nach Auffassung des Investmentmanagers ihre Geschäfte nicht in Übereinstimmung mit internationalen Normen, darunter denen des UNGC, geführt haben; und
	- ein Filterkriterium, durch das bestimmte Sektoren, Emittenten oder Praktiken auf der Grundlage konkreter ESG-Kriterien ausgeschlossen werden können, wobei für diese Kriterien möglicherweise auch Umsatzschwellen angewendet werden.


Die oben genannten Ausschluss- und Filterkriterien (die „Ausschlusskriterien“) werden möglicherweise von Zeit zu Zeit aktualisiert. Weitere Informationen erhalten Sie auf der Website Sustainable investing framework (fidelityinternational.com).
Es steht zudem im Ermessen des Investmentmanagers, von Zeit zu Zeit erweiterte, strengere Nachhaltigkeitsanforderungen und Ausschlusskriterien anzuwenden.
Worin bestehen die verbindlichen Elemente der Anlagestrategie, die für die Auswahl der Investitionen zur Erfüllung der beworbenen ökologischen oder sozialen Ziele verwendet werden?
Der Teilfonds investiert:
- mindestens 70% seines Vermögens in Emittenten mit guten ESG-Eigenschaften;
- mindestens 20% in nachhaltige Anlagen, von denen mindestens 0% ein Umweltziel verfolgen, das sich an der EU-Taxonomie orientiert, mindestens 1% ein Umweltziel, das sich nicht an der EU-Taxonomie orientiert, und mindestens 5% ein Sozialziel.

Der Teilfonds bewertet die ESG-Eigenschaften von mindestens 90% seines Vermögens. Das durchschnittliche ESG-Rating des Teilfonds wird das durchschnittliche ESG-Rating des Anlageuniversums, repräsentiert durch den Index (wie oben definiert), nach Ausschluss von 20% der Index-Vermögenswerte mit den niedrigsten ESG-Ratings übersteigen.
Darüber hinaus wird der Teilfonds die oben beschriebenen Ausschlusskriterien wie oben beschrieben auf Direktanlagen anwenden.
Um welchen Mindestsatz wird der Umfang der vor der Anwendung dieser Anlagestrategie in Betracht gezogenen Investitionen reduziert?
Diese Frage ist hier nicht relevant.
Die Verfahrensweisen einer guten
Unternehmensführung umfassen solide Managementstrukturen, die Beziehungen zu den Arbeitnehmern, die Vergütung von Mitarbeitern sowie die Einhaltung der Steuervorschriften.
Wie werden die Verfahrensweisen einer guten Unternehmensführung der Unternehmen, in die investiert wird, bewertet?
Die Governance-Praktiken der Emittenten werden anhand von Fundamentalresearch bewertet, die Fidelity ESG-Ratings sowie Daten zu Kontroversen und Verstößen gegen den UN Global Compact berücksichtigt.
Zu den wichtigsten Punkten, die analysiert werden, gehören unter anderem die Erfolgsbilanz der Kapitalallokation, die finanzielle Transparenz, Transaktionen mit nahestehenden Parteien, die Unabhängigkeit und Größe des Vorstands, die Vergütung der Führungskräfte, die Abschlussprüfer und die interne Aufsicht sowie die Rechte der Minderheitsanteilinhaber.

###### Welche Vermögensallokation ist für dieses Finanzprodukt geplant?
Die Vermögensallokation gibt den jeweiligen Anteil der Investitionen in bestimmte Vermögenswerte an.
Taxonomiekonforme Tätigkeiten, ausgedrückt durch den Anteil der:
- Umsatzerlöse, die den Anteil der Einnahmen aus umweltfreundlichenAktivitäten der Unternehmen, in die investiert wird, widerspiegeln
- Investitionsausgaben (CapEx), die die umweltfreundlichen Investitionen der Unternehmen, in die investiert wird, aufzeigen,z.B. für den Übergang zu einer grünen Wirtschaft- Betriebsausgaben (OpEx), die die umweltfreundlichenbetrieblichen Aktivitäten der Unternehmen, in die investiert wird, widerspiegeln(#1 Ausgerichtet an E/S-Eigenschaften) Der Teilfonds investiert:
- mindestens 70% seines	Vermögens	in	Wertpapiere	von	Emittenten	mit	guten ESG-Eigenschaften,
- mindestens 20% seines Vermögens in nachhaltige (#1A nachhaltig) Anlagen, von denen mindestens 0% ein Umweltziel verfolgen (das an der EU-Taxonomie ausgerichtet ist), mindestens 1% ein Umweltziel haben (das nicht an der EU-Taxonomie ausgerichtet ist) und mindestens 5% ein Sozialziel haben. Die übrigen nachhaltigen Anlagen des Teilfonds können ein Umwelt- oder Sozialziel verfolgen.

Sonstige Umweltziele 1%
(#1B Sonstige E/S-Eigenschaften) Umfasst Wertpapiere von Emittenten mit guten ESG-Eigenschaften, die aber keine nachhaltigen Anlagen sind.
#1A Nachhaltige
Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale
70%
Investitionen 20%
#1B Andere ökologische oder soziale Merkmale
Soziales 5%
#2 Andere Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst Investitionen des Finanzprodukts, die zur Erreichung der beworbenen ökologischen oder sozialen Merkmale getätigt wurden.
#2 Andere Investitionen umfasst die übrigen Investitionen des Finanzprodukts, die weder auf ökologische oder soziale Merkmale ausgerichtet sind noch als nachhaltige Investitionen eingestuft werden.
Die Kategorie #1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst folgende Unterkategorien:
Die Unterkategorie #1A Nachhaltige Investitionen umfasst nachhaltige Investitionen mit ökologischen oder sozialen Zielen.
Die Unterkategorie #1B Andere ökologische oder soziale Merkmale umfasst Investitionen, die auf ökologische oder soziale Merkmale ausgerichtet sind, aber nicht als nachhaltige Investitionen eingestuft werden.
Inwiefern werden durch den Einsatz von Derivaten die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht?
Wenn das einem Derivat zugrunde liegende Wertpapier im Einklang mit dem System für nachhaltiges Investieren von Fidelity gute ESG-Eigenschaften aufweist, darf das Derivat zur Feststellung des Teilfondsanteils berücksichtigt werden, der Umwelt- oder Sozialeigenschaften fördert.
In welchem Mindestmaß sind nachhaltige Investitionen mit einem Umweltziel mit der EU-Taxonomie konform?
Der Teilfonds investiert mindestens 0% in nachhaltige Anlagen mit einem Umweltziel, die mit der EU-Taxonomie konform sind.
Die Konformität der Anlagen des Teilfonds mit der EU-Taxonomie wird nicht durch Wirtschaftsprüfer oder mittels einer Überprüfung durch Dritte sichergestellt.
Die Ausrichtung der zugrunde liegenden Anlagen des Teilfonds an der EU-Taxonomie wird anhand des Umsatzes gemessen.
Investiert das Finanzprodukt in Aktivitäten im Zusammenhang mit fossilem Gas und/oder Kernenergie, die der EU-Taxonomie¹ entsprechen?
- JaNein
- In fossiles Gas	In KernenergieWie hoch ist der Mindestanteil der Investitionen in Übergangstätigkeiten und ermöglichende Tätigkeiten?

Der Teilfonds investiert mindestens 0% in Übergangstätigkeiten und ermöglichende Tätigkeiten.
Wie hoch ist der Mindestanteil nachhaltiger Investitionen mit einem Umweltziel, die nicht mit der EU-Taxonomie konform sind?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Umweltziel, das nicht mit der EU-Taxonomie konform ist.
Die Anlagen können zwar mit der EU-Taxonomie konform sein, aber der Investmentmanager ist derzeit nicht in der Lage, den genauen Anteil der Anlagen des Teilfonds anzugeben, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftstätigkeiten berücksichtigen. Die Position wird jedoch weiterhin überprüft, wenn die zugrunde liegenden Regeln festgelegt sind und im Laufe der Zeit mehr zuverlässige Daten zur Verfügung stehen.
¹ Tätigkeiten im Bereich fossiles Gas und/oder Kernenergie sind nur dann EU-taxonomiekonform, wenn sie zur Eindämmung des Klimawandels („Klimaschutz“) beitragen und kein Ziel der EU-Taxonomie erheblich beeinträchtigen – siehe Erläuterung am linken Rand. Die vollständigen Kriterien für EU-taxonomiekonforme Wirtschaftstätigkeiten im Bereich fossiles Gas und Kernenergie sind in der Delegierten Verordnung (EU) 2022/1214 der Kommission festgelegt.
Wie hoch ist der Mindestanteil der sozial nachhaltigen Investitionen?
Der Teilfonds investiert mindestens 5% in nachhaltige Anlagen mit einem Sozialziel.
Welche Investitionen fallen unter ,,#2 Andere Investitionen", welcher Anlagezweck wird mit ihnen verfolgt und gibt es einen ökologischen oder sozialen Mindestschutz?
Die verbleibenden Anlagen des Teilfonds können in Wertpapieren von Emittenten erfolgen, die nachweisen können, dass sie sich in Bezug auf ihre ESG-Eigenschaften auf einem Kurs der Verbesserung befinden, und für Liquiditätszwecke in liquiden Mitteln und liquiden Mitteln gleichstehenden Mitteln sowie in Derivaten, die als Anlagen und für ein effizientes Portfoliomanagement eingesetzt werden können.
Zur Gewährleistung eines Mindestmaßes an Umwelt- und Sozialabsicherungen wendet der Teilfonds die Ausschlusskriterien an.

###### Wurde ein Index als Referenzwert bestimmt, um festzustellen, ob dieses Finanzprodukt auf die beworbenen ökologischen und/oder sozialen Merkmale ausgerichtet ist?
Es wird kein bestimmter Index als Referenzbenchmark angegeben, um festzustellen, ob dieses Finanzprodukt zu den geförderten Umwelt- oder Sozialeigenschaften passt.
Bei den Referenzwerten handelt es sich um Indizes, mit denen gemessen wird, ob das Finanzprodukt die beworbenen ökologischen oder sozialen Merkmale erreicht.
Inwiefern ist der Referenzwert kontinuierlich auf die mit dem Finanzprodukt beworbenen ökologischen und sozialen Merkmale ausgerichtet?
Diese Frage ist hier nicht relevant.
Wie wird die kontinuierliche Ausrichtung der Anlagestrategie auf die Indexmethode sichergestellt?
Diese Frage ist hier nicht relevant.
Wie unterscheidet sich der bestimmte Index von einem relevanten breiten Marktindex?
Diese Frage ist hier nicht relevant.
Wo kann die Methode zur Berechnung des bestimmten Indexes eingesehen werden?
Diese Frage ist hier nicht relevant.

###### 	Wo kann ich im Internet weitere produktspezifische Informationen finden?
Weitere produktspezifische Informationen finden Sie auf der Website: https:/www.fidelity.lu/funds/factsheet/LU2545263803/tab-disclosure#SFDR-disclosure. 
Weitere Informationen zu den hier dargelegten Methoden finden Sie auf der Website: System fürnachhaltiges Investieren (fidelityinternational.com).
Vorvertragliche Informationen zu den in Artikel 8 Absätze 1, 2 und 2a der Verordnung (EU) 2019/2088 und Artikel 6 Absatz 1 der Verordnung (EU) 2020/852 genannten Finanzprodukten
Name des Produkts:	Unternehmenskennung (LEI- Code):
Fidelity Funds - Sustainable China A Shares Fund	254900CHVS0V7YXD7E55

###### Ökologische und/oder soziale Merkmale
| Werden mit diesem Finanzprodukt nachhaltige Investitionen angestrebt? |
| --- |
|  | - Ja
 |  | Nein |
| - Es wird damit ein MindestanteiI an nachhaltigen Investitionen mit einem Umweltziel getätigt:%
	- in Wirtschaftstätigkeiten, die nach derEU-Taxonomie als ökologisch nachhaltig einzustufen sind

- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie nicht als ökologisch nachhaltig einzustufen sind
- Es wird damit ein Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel getätigt:%
 | Es werden damit ökologische/soziale Merkmale beworben und obwohl keine nachhaltigen Investitionen angestrebt werden, enthält es einen Mindestanteil von 25% an nachhaltigen Investitionen. - mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie als ökologisch nachhaltig einzustufen sindmit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie nicht als ökologisch nachhaltig einzustufen sindmit einem sozialen Ziel
- Es	werden		damit	ökologische/soziale Merkmale	beworben,		aber	keinenachhaltigen Investitionen getätigt.
 |

Welche ökologischen und/ oder sozialen Merkmale werden mit diesem Finanzprodukt beworben?
Mit Nachhaltigkeitsin- dikatoren wird gemessen, inwieweit die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht werden.
Der Teilfonds fördert Umwelt- und Sozialeigenschaften, indem er in Wertpapiere von Emittenten mit guten ESG-Eigenschaften investiert. Gute ESG-Eigenschaften werden anhand von ESG-Ratings ermittelt. ESG-Ratings berücksichtigen Umwelteigenschaften wie CO2-Intensität, CO2-Emissionen, Energieeffizienz, Wasser- und Abfallmanagement und Biodiversität sowie Sozialeigenschaften wie Produktsicherheit, Lieferkette, Gesundheit und Sicherheit sowie Menschenrechte.
Es wird keine Referenzbenchmark festgelegt, um die geförderten Umwelt- und Sozialeigenschaften zu erreichen.
einzelnen ökologischen oder sozialen Merkmale, die durch dieses Finanzprodukt beworben werden, herangezogen?
Der Teilfonds verwendet die folgenden Nachhaltigkeitsindikatoren, um die Ausprägung der von ihm geförderten Umwelt- oder Sozialeigenschaften zu messen:
- der  Prozentsatz des Teilfonds, der in Wertpapieren von Emittenten mit guten ESG-Eigenschaften im Einklang mit dem System für nachhaltiges Investieren von Fidelity investiert ist;
- in Bezug auf seine Direktanlagen der Prozentsatz des Teilfonds, der in Wertpapiere von Emittenten investiert ist, auf die Ausschlusskriterien (wie unten definiert) zutreffen;
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen investiert ist; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel bei Wirtschaftsaktivitäten investiert ist, die gemäß der EU-Taxonomie nicht als ökologisch nachhaltig gelten; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel investiert ist.

Welches sind die Ziele der nachhaltigen Investitionen, die mit dem
Finanzprodukt teilweise getätigt werden sollen, und wie trägt die nachhaltige Investition zu diesen Zielen bei?
Der Teilfonds ermittelt wie folgt, ob eine Anlage nachhaltig ist:
- Emittenten, die wirtschaftliche Tätigkeiten ausüben, die zu einem oder mehreren der in der EU-Taxonomie festgelegten Umweltziele beitragen und gemäß der EU-Taxonomie als ökologisch nachhaltig gelten; oder
- Emittenten, bei denen der Großteil ihrer Geschäftstätigkeit (mehr als 50% des Umsatzes) zu Umwelt- oder Sozialzielen beiträgt, die mit einem oder mehreren der Ziele der Vereinten Nationen für nachhaltige Entwicklung („SDG“) in Einklang stehen; oder
- Emittenten, die ein Dekarbonisierungsziel festgelegt haben, das mit einem Temperaturanstiegsszenario mit 1,5 Grad oder weniger vereinbar ist (überprüft durch die Science Based Target Initiative oder ein Fidelity Proprietary Climate Rating), das als Beitrag zu Umweltzielen angesehen wird;sofern sie keinen wesentlichen Schaden anrichten, Mindestabsicherungen bieten und gute Governance-Kriterien aufweisen.

teilweise getätigt werden sollen, keinem der ökologischen oder sozialen nachhaltigen Anlageziele erheblich schaden?
Nachhaltige Anlagen werden auf ihre Beteiligung an Aktivitäten überprüft, die erheblichen Schaden und Kontroversen verursachen, und durch eine Kontrolle bewertet, ob der Emittent Mindestabsicherungen und -standards hinsichtlich der wichtigsten nachteiligen Auswirkungen (PAI) sowie für die Leistung bei den PAI-Kennzahlen umsetzt bzw. erfüllt. Dazu gehören:
- Normenbasierte Filterkriterien – das Filtern von Wertpapieren, die gemäß den bestehenden (unten beschriebenen) normenbasierten Filterkriterien von Fidelity ermittelt wurden, anhand von:
- aktivitätsbasierten Filterkriterien – das Filtern von Emittenten auf der Grundlage ihrer Beteiligung an Aktivitäten mit erheblichen negativen Auswirkungen auf die Gesellschaft oder die Umwelt, darunter Emittenten, bei denen aufgrund der Filterkriterien für Kontroversen eine„sehr gravierende“ Kontroverse vorliegt, die im Bereich
- Umwelt,
- Menschenrechte und Gemeinschaften,
- Arbeitnehmerrechte und Lieferkette,
- Kunden,
- Governance angesiedelt ist; und anhand von
	- PAI-Indikatoren. Quantitative Daten (sofern verfügbar) zu PAI-Indikatoren werden verwendet, um zu bewerten, ob ein Emittent an Aktivitäten beteiligt ist, die einem Umwelt- oder Sozialziel erheblichen Schaden zufügen.


Bei den wichtigsten nachteiligen Auswirkungen handelt es sich um die bedeutendsten nachteiligen Auswirkungen von Investitionsentscheidun- gen auf NachhaItigkeitsfaktoren in den Bereichen Umwelt, Soziales und Beschäftigung, Achtung der Menschenrechte und Bekämpfung von Korruption und Bestechung.
Wie wurden die Indikatoren für nachteilige Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Für nachhaltige Anlagen, wie oben beschrieben, führt Fidelity eine quantitative Bewertung  durch,  um  Unternehmen  mit  einer  problematischen  Leistung  bei PAI-Indikatoren zu ermitteln. Emittenten mit einer niedrigen Punktzahl kommen nur dann für „nachhaltige Anlagen“ infrage, wenn die Fundamentalresearch von Fidelity feststellt, dass der Emittent nicht gegen die Anforderungen verstößt, „keinen wesentlichen Schaden anrichtet“ oder sich auf einem Weg befindet, um die nachteiligen Auswirkungen durch effektives Management oder einen Übergang abzumildern.
Wie stehen die nachhaltigen Investitionen mit den OECD-Leitsätzen für multinationale Unternehmen und den Leitprinzipien der Vereinten Nationen für Wirtschaft und
Menschenrechte in Einklang? Nähere Angaben:
Es werden normenbasierte Filterkriterien angewendet: Emittenten, bei denen festgestellt wurde, dass sie sich nicht in einer Weise verhalten, die ihrer grundlegenden Verantwortung in den Bereichen Menschenrechte, Arbeit, Umwelt und Korruptionsbekämpfung im Einklang mit internationalen Normen gerecht wird, darunter denjenigen, die in den OECD-Leitsätzen für multinationale Unternehmen, den Leitprinzipien der Vereinten Nationen für Wirtschaft und Menschenrechte, dem UN Global Compact (UNGC) und den IAO-Standards der Internationalen Arbeitsorganisation (ILO) festgelegt sind, kommen für nachhaltige Investitionen nicht infrage.
In der EU-Taxonomie ist der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" festgelegt, nach dem taxonomiekonforme Investitionen die Ziele der EU-Taxonomie nicht erheblich beeinträchtigen dürfen, und es sind spezifische EU-Kriterien beigefügt. Der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" findet nur bei denjenigen dem Finanzprodukt zugrunde liegenden Investitionen Anwendung, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten berücksichtigen. Die dem verbleibenden Teil dieses  Finanzprodukts zugrunde  liegenden Investitionen berücksichtigen nicht die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten. Alle anderen nachhaltigen Investitionen dürfen ökologische oder soziale Ziele ebenfalls nicht erheblich beeinträchtigen.

###### Werden bei diesem Finanzprodukt die wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Ja
- NeinDie wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren werden mit Hilfe einer Vielzahl von Instrumenten berücksichtigt und in Anlageentscheidungen einbezogen. Hierzu zählen:
- Due Diligence – Analyse, ob die wichtigsten nachteiligen Auswirkungen (PAI) wesentlich und negativ sind.
- ESG-Rating – Fidelity bezieht sich auf ESG-Ratings, die wesentliche nachteilige Auswirkungen wie CO2-Emissionen, Mitarbeitersicherheit, Bestechung und Korruption sowie Wassermanagement berücksichtigen, und bei den von Staaten ausgegebenen Wertpapieren berücksichtigen die verwendeten Ratings wichtige nachteilige Auswirkungen (PAI) wie CO2-Emissionen, Sozialverstöße und die Meinungsfreiheit.
- Ausschlusskriterien – Bei Direktanlagen in Unternehmen als Emittenten wendet der Teilfonds die (unten definierten) Ausschlusskriterien an, um die wichtigsten nachteiligen Auswirkungen abzumildern. Dazu schließt er schädliche Sektoren aus und verbietet Investitionen in Emittenten, die gegen internationale Standards wie den UNGC verstoßen.
- Mitwirkung – Fidelity nutzt Mitwirkung als ein Instrument, um die wichtigsten nachteiligen Auswirkungen besser zu verstehen und sich unter bestimmten Umständen für die Abmilderung der wichtigsten nachteiligen Auswirkungen einzusetzen. Fidelity beteiligt sich an relevanten individuellen und kollaborativen Arten der Mitwirkung, die auf eine Reihe von wichtigen negativen Auswirkungen abzielen (z. B. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Abstimmungsverhalten – Die Abstimmungspolitik von Fidelity umfasst bei Unternehmen als Emittenten explizite Mindeststandards für die Geschlechtervielfalt im Aufsichtsrat und die Auseinandersetzung mit dem Klimawandel. Fidelity kann auch auf eine Weise abstimmen, dass die wichtigsten nachteiligen Auswirkungen abgemildert werden.
- Vierteljährliche Überprüfungen – Überwachung der wichtigsten nachteiligen Auswirkungen (PAI) durch den vierteljährlichen Überprüfungsprozess des Teilfonds.

Wenn es um die Frage geht, ob Investitionen eine wesentliche nachteilige Auswirkung haben, berücksichtigt Fidelity für jeden Nachhaltigkeitsfaktor spezifische Indikatoren. Diese Indikatoren hängen von der Datenverfügbarkeit ab und können sich mit zunehmender Datenqualität und
-verfügbarkeit weiterentwickeln.
Informationen über die wichtigsten nachteiligen Auswirkungen werden im Jahresbericht des Teilfonds zur Verfügung gestellt.

###### Welche Anlagestrategie wird mit diesem Finanzprodukt verfolgt?
Die Anlagestrategie dient aIs Richtschnur für Investitionsentscheidun- gen, wobei bestimmte Kriterien wie beispielsweise Investitionsziele oder Risikotoleranz
berücksichtigt werden.
Der Teilfonds gehört zur Familie der Fidelity Nachhaltigkeitsfonds und verfolgt eine auf Nachhaltigkeit ausgerichtete Strategie, nach der mindestens 70% des Nettovermögens des Teilfonds in Wertpapiere investiert werden, die gute ESG-Eigenschaften aufweisen.
Ob ESG-Eigenschaften gut sind, wird anhand von ESG-Ratings externer Agenturen und von Fidelity ESG-Ratings ermittelt.
Emittenten, deren Rating sie für die Zwecke des Primärziels (mindestens 70% des Vermögens) als ungeeignet zur Einstufung als Unternehmen mit guten ESG-Eigenschaften erscheinen lässt, können im Umfang von bis zu 30% des Nettovermögens aufgenommen werden, sofern sie nachweisen können, dass sie sich hinsichtlich ihrer ESG-Eigenschaften auf dem Weg der Besserung befinden.
Das durchschnittliche ESG-Rating des Teilfonds wird das durchschnittliche ESG-Rating des Anlageuniversums, (für die Zwecke dieser Berechnung) repräsentiert durch den MSCI China A International Index (der „Index“), nach Ausschluss von 20% der Index-Vermögenswerte mit den niedrigsten ESG-Ratings übersteigen.
Innerhalb dieses Anlageuniversums wählt der Investmentmanager Aktien mit Hilfe rigoroser Bottom-up-Finanzanalysen und -bewertungen aus, um Aktien mit einem Potenzial für hohe Anlagerenditen auszuwählen.
In Bezug auf seine Direktanlagen berücksichtigt der Teilfonds:
- eine unternehmensweite Ausschlussliste, die Streumunition und Antipersonenminen umfasst, und
- eine prinzipienbasierte Ausschlussrichtlinie, die Folgendes beinhaltet:
	- eine normenbasierte Filterung von Emittenten, die nach Auffassung des Investmentmanagers ihre Geschäfte nicht in Übereinstimmung mit internationalen Normen, darunter denen des UNGC, geführt haben; und
	- ein Filterkriterium, durch das bestimmte Sektoren, Emittenten oder Praktiken auf der Grundlage konkreter ESG-Kriterien ausgeschlossen werden können, wobei für diese Kriterien möglicherweise auch Umsatzschwellen angewendet werden.


Die oben genannten Ausschluss- und Filterkriterien (die „Ausschlusskriterien“) werden möglicherweise von Zeit zu Zeit aktualisiert. Weitere Informationen erhalten Sie auf der Website Sustainable investing framework (fidelityinternational.com).
Es steht zudem im Ermessen des Investmentmanagers, von Zeit zu Zeit erweiterte, strengere Nachhaltigkeitsanforderungen und Ausschlusskriterien anzuwenden.
Worin bestehen die verbindlichen Elemente der Anlagestrategie, die für die Auswahl der Investitionen zur Erfüllung der beworbenen ökologischen oder sozialen Ziele verwendet werden?
Der Teilfonds investiert:
- mindestens 70% seines Vermögens in Emittenten mit guten ESG-Eigenschaften;
- mindestens 25% in nachhaltige Anlagen, von denen mindestens 0% ein Umweltziel verfolgen, das sich an der EU-Taxonomie orientiert, mindestens 5% ein Umweltziel, das sich nicht an der EU-Taxonomie orientiert, und mindestens 10% ein Sozialziel.

Der Teilfonds bewertet die ESG-Eigenschaften von mindestens 90% seines Vermögens. Das durchschnittliche ESG-Rating des Teilfonds wird das durchschnittliche ESG-Rating des Anlageuniversums, repräsentiert durch den Index (wie oben definiert), nach Ausschluss von 20% der Index-Vermögenswerte mit den niedrigsten ESG-Ratings übersteigen.
Darüber hinaus wird der Teilfonds die oben beschriebenen Ausschlusskriterien wie oben beschrieben auf Direktanlagen anwenden.
Um welchen Mindestsatz wird der Umfang der vor der Anwendung dieser Anlagestrategie in Betracht gezogenen Investitionen reduziert?
Diese Frage ist hier nicht relevant.
Die Verfahrensweisen einer guten
Unternehmensführung umfassen solide Managementstrukturen, die Beziehungen zu den Arbeitnehmern, die Vergütung von Mitarbeitern sowie die Einhaltung der Steuervorschriften.
Wie werden die Verfahrensweisen einer guten Unternehmensführung der Unternehmen, in die investiert wird, bewertet?
Die Governance-Praktiken der Emittenten werden anhand von Fundamentalresearch bewertet, die Fidelity ESG-Ratings sowie Daten zu Kontroversen und Verstößen gegen den UN Global Compact berücksichtigt.
Zu den wichtigsten Punkten, die analysiert werden, gehören unter anderem die Erfolgsbilanz der Kapitalallokation, die finanzielle Transparenz, Transaktionen mit nahestehenden Parteien, die Unabhängigkeit und Größe des Vorstands, die Vergütung der Führungskräfte, die Abschlussprüfer und die interne Aufsicht sowie die Rechte der Minderheitsanteilinhaber.

###### Welche Vermögensallokation ist für dieses Finanzprodukt geplant?
Die Vermögensallokation gibt den jeweiligen Anteil der Investitionen in bestimmte Vermögenswerte an.
Taxonomiekonforme Tätigkeiten, ausgedrückt durch den Anteil der:
- Umsatzerlöse, die den Anteil der Einnahmen aus umweltfreundlichenAktivitäten der Unternehmen, in die investiert wird, widerspiegeln
- Investitionsausgaben (CapEx), die die umweltfreundlichen Investitionen der Unternehmen, in die investiert wird, aufzeigen,z.B. für den Übergang zu einer grünen Wirtschaft- Betriebsausgaben (OpEx), die die umweltfreundlichenbetrieblichen Aktivitäten der Unternehmen, in die investiert wird, widerspiegeln(#1 Ausgerichtet an E/S-Eigenschaften) Der Teilfonds investiert:
- mindestens 70% seines	Vermögens	in	Wertpapiere	von	Emittenten	mit	guten ESG-Eigenschaften,
- mindestens 25% seines Vermögens in nachhaltige (#1A nachhaltig) Anlagen, von denen mindestens 0% ein Umweltziel verfolgen (das an der EU-Taxonomie ausgerichtet ist), mindestens 5% ein Umweltziel haben (das nicht an der EU-Taxonomie ausgerichtet ist) und mindestens 10% ein Sozialziel haben. Die übrigen nachhaltigen Anlagen des Teilfonds können ein Umwelt- oder Sozialziel verfolgen.

Sonstige Umweltziele 5%
(#1B Sonstige E/S-Eigenschaften) Umfasst Wertpapiere von Emittenten mit guten ESG-Eigenschaften, die aber keine nachhaltigen Anlagen sind.
#1A Nachhaltige
Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale
70%
Investitionen 25%
#1B Andere ökologische oder soziale Merkmale
Soziales 10%
#2 Andere Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst Investitionen des Finanzprodukts, die zur Erreichung der beworbenen ökologischen oder sozialen Merkmale getätigt wurden.
#2 Andere Investitionen umfasst die übrigen Investitionen des Finanzprodukts, die weder auf ökologische oder soziale Merkmale ausgerichtet sind noch als nachhaltige Investitionen eingestuft werden.
Die Kategorie #1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst folgende Unterkategorien:
Die Unterkategorie #1A Nachhaltige Investitionen umfasst nachhaltige Investitionen mit ökologischen oder sozialen Zielen.
Die Unterkategorie #1B Andere ökologische oder soziale Merkmale umfasst Investitionen, die auf ökologische oder soziale Merkmale ausgerichtet sind, aber nicht als nachhaltige Investitionen eingestuft werden.
Inwiefern werden durch den Einsatz von Derivaten die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht?
Wenn das einem Derivat zugrunde liegende Wertpapier im Einklang mit dem System für nachhaltiges Investieren von Fidelity gute ESG-Eigenschaften aufweist, darf das Derivat zur Feststellung des Teilfondsanteils berücksichtigt werden, der Umwelt- oder Sozialeigenschaften fördert.
In welchem Mindestmaß sind nachhaltige Investitionen mit einem Umweltziel mit der EU-Taxonomie konform?
Der Teilfonds investiert mindestens 0% in nachhaltige Anlagen mit einem Umweltziel, die mit der EU-Taxonomie konform sind.
Die Konformität der Anlagen des Teilfonds mit der EU-Taxonomie wird nicht durch Wirtschaftsprüfer oder mittels einer Überprüfung durch Dritte sichergestellt.
Die Ausrichtung der zugrunde liegenden Anlagen des Teilfonds an der EU-Taxonomie wird anhand des Umsatzes gemessen.
Investiert das Finanzprodukt in Aktivitäten im Zusammenhang mit fossilem Gas und/oder Kernenergie, die der EU-Taxonomie¹ entsprechen?
- JaNein
- In fossiles Gas	In KernenergieWie hoch ist der Mindestanteil der Investitionen in Übergangstätigkeiten und ermöglichende Tätigkeiten?

Der Teilfonds investiert mindestens 0% in Übergangstätigkeiten und ermöglichende Tätigkeiten.
Wie hoch ist der Mindestanteil nachhaltiger Investitionen mit einem Umweltziel, die nicht mit der EU-Taxonomie konform sind?
Der Teilfonds investiert mindestens 5% in nachhaltige Anlagen mit einem Umweltziel, das nicht mit der EU-Taxonomie konform ist.
Die Anlagen können zwar mit der EU-Taxonomie konform sein, aber der Investmentmanager ist derzeit nicht in der Lage, den genauen Anteil der Anlagen des Teilfonds anzugeben, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftstätigkeiten berücksichtigen. Die Position wird jedoch weiterhin überprüft, wenn die zugrunde liegenden Regeln festgelegt sind und im Laufe der Zeit mehr zuverlässige Daten zur Verfügung stehen.
¹ Tätigkeiten im Bereich fossiles Gas und/oder Kernenergie sind nur dann EU-taxonomiekonform, wenn sie zur Eindämmung des Klimawandels („Klimaschutz“) beitragen und kein Ziel der EU-Taxonomie erheblich beeinträchtigen – siehe Erläuterung am linken Rand. Die vollständigen Kriterien für EU-taxonomiekonforme Wirtschaftstätigkeiten im Bereich fossiles Gas und Kernenergie sind in der Delegierten Verordnung (EU) 2022/1214 der Kommission festgelegt.
Wie hoch ist der Mindestanteil der sozial nachhaltigen Investitionen?
Der Teilfonds investiert mindestens 10% in nachhaltige Anlagen mit einem Sozialziel.
Welche Investitionen fallen unter ,,#2 Andere Investitionen", welcher Anlagezweck wird mit ihnen verfolgt und gibt es einen ökologischen oder sozialen Mindestschutz?
Die verbleibenden Anlagen des Teilfonds können in Wertpapieren von Emittenten erfolgen, die nachweisen können, dass sie sich in Bezug auf ihre ESG-Eigenschaften auf einem Kurs der Verbesserung befinden, und für Liquiditätszwecke in liquiden Mitteln und liquiden Mitteln gleichstehenden Mitteln sowie in Derivaten, die als Anlagen und für ein effizientes Portfoliomanagement eingesetzt werden können.
Zur Gewährleistung eines Mindestmaßes an Umwelt- und Sozialabsicherungen wendet der Teilfonds die Ausschlusskriterien an.

###### Wurde ein Index als Referenzwert bestimmt, um festzustellen, ob dieses Finanzprodukt auf die beworbenen ökologischen und/oder sozialen Merkmale ausgerichtet ist?
Es wird kein bestimmter Index als Referenzbenchmark angegeben, um festzustellen, ob dieses Finanzprodukt zu den geförderten Umwelt- oder Sozialeigenschaften passt.
Bei den Referenzwerten handelt es sich um Indizes, mit denen gemessen wird, ob das Finanzprodukt die beworbenen ökologischen oder sozialen Merkmale erreicht.
Inwiefern ist der Referenzwert kontinuierlich auf die mit dem Finanzprodukt beworbenen ökologischen und sozialen Merkmale ausgerichtet?
Diese Frage ist hier nicht relevant.
Wie wird die kontinuierliche Ausrichtung der Anlagestrategie auf die Indexmethode sichergestellt?
Diese Frage ist hier nicht relevant.
Wie unterscheidet sich der bestimmte Index von einem relevanten breiten Marktindex?
Diese Frage ist hier nicht relevant.
Wo kann die Methode zur Berechnung des bestimmten Indexes eingesehen werden?
Diese Frage ist hier nicht relevant.

###### 	Wo kann ich im Internet weitere produktspezifische Informationen finden?
Weitere produktspezifische Informationen finden Sie auf der Website: https:/www.fidelity.lu/funds/factsheet/LU2385790154/tab-disclosure#SFDR-disclosure. 
Weitere Informationen zu den hier dargelegten Methoden finden Sie auf der Website: System fürnachhaltiges Investieren (fidelityinternational.com).
Vorvertragliche Informationen zu den in Artikel 8 Absätze 1, 2 und 2a der Verordnung (EU) 2019/2088 und Artikel 6 Absatz 1 der Verordnung (EU) 2020/852 genannten Finanzprodukten
Name des Produkts:	Unternehmenskennung (LEI- Code):
Fidelity Funds - Emerging Asia Fund	549300DFTX1HYCKWAS72

###### Ökologische und/oder soziale Merkmale
| Werden mit diesem Finanzprodukt nachhaltige Investitionen angestrebt? |
| --- |
|  | - Ja
 |  | Nein |
| - Es wird damit ein MindestanteiI an nachhaltigen Investitionen mit einem Umweltziel getätigt:%
	- in Wirtschaftstätigkeiten, die nach derEU-Taxonomie als ökologisch nachhaltig einzustufen sind

- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie nicht als ökologisch nachhaltig einzustufen sind
- Es wird damit ein Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel getätigt:%
 | Es werden damit ökologische/soziale Merkmale beworben und obwohl keine nachhaltigen Investitionen angestrebt werden, enthält es einen Mindestanteil von 3% an nachhaltigen Investitionen. - mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie als ökologisch nachhaltig einzustufen sindmit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie nicht als ökologisch nachhaltig einzustufen sindmit einem sozialen Ziel
- Es	werden		damit	ökologische/soziale Merkmale	beworben,		aber	keinenachhaltigen Investitionen getätigt.
 |

Welche ökologischen und/ oder sozialen Merkmale werden mit diesem Finanzprodukt beworben?
Mit Nachhaltigkeitsin- dikatoren wird gemessen, inwieweit die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht werden.
Der Teilfonds fördert Umwelt- und Sozialeigenschaften, indem er in Wertpapiere von Emittenten mit guten ESG-Eigenschaften investiert. Gute ESG-Eigenschaften werden anhand von ESG-Ratings ermittelt. ESG-Ratings berücksichtigen Umwelteigenschaften wie CO2-Intensität, CO2-Emissionen, Energieeffizienz, Wasser- und Abfallmanagement und Biodiversität sowie Sozialeigenschaften wie Produktsicherheit, Lieferkette, Gesundheit und Sicherheit sowie Menschenrechte.
Der Teilfonds ist in gewissem Maße bestrebt, nachhaltige Anlagen zu tätigen.
Es wird keine Referenzbenchmark festgelegt, um die geförderten Umwelt- und Sozialeigenschaften zu erreichen.
einzelnen ökologischen oder sozialen Merkmale, die durch dieses Finanzprodukt beworben werden, herangezogen?
Der Teilfonds verwendet die folgenden Nachhaltigkeitsindikatoren, um die Ausprägung der von ihm geförderten Umwelt- oder Sozialeigenschaften zu messen:
- der  Prozentsatz des Teilfonds, der in Wertpapieren von Emittenten mit guten ESG-Eigenschaften im Einklang mit dem System für nachhaltiges Investieren von Fidelity investiert ist;
- in Bezug auf seine Direktanlagen in Unternehmen als Emittenten der Prozentsatz des Teilfonds, der in Wertpapiere von Emittenten investiert ist, auf die Ausschlusskriterien (wie unten definiert) zutreffen;
- der Prozentsatz des Teilfonds, der in nachhaltige Anlagen investiert ist; und
- der Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Umweltziel bei Wirtschaftsaktivitäten investiert ist, die gemäß der EU-Taxonomie nicht als ökologisch nachhaltig gelten; und
- der Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel investiert ist.

Welches sind die Ziele der nachhaltigen Investitionen, die mit dem
Finanzprodukt teilweise getätigt werden sollen, und wie trägt die nachhaltige Investition zu diesen Zielen bei?
Der Teilfonds ermittelt wie folgt, ob eine Anlage nachhaltig ist:
- Emittenten, die wirtschaftliche Tätigkeiten ausüben, die zu einem oder mehreren der in der EU-Taxonomie festgelegten Umweltziele beitragen und gemäß der EU-Taxonomie als ökologisch nachhaltig gelten; oder
- Emittenten, bei denen der Großteil ihrer Geschäftstätigkeit (mehr als 50% des Umsatzes) zu ökologischen oder sozialen Zielen beiträgt, die mit einem oder mehreren der Ziele der Vereinten Nationen für nachhaltige Entwicklung („SDG“) in Einklang stehen; oder
- Emittenten, die ein Dekarbonisierungsziel festgelegt haben, das mit einem Temperaturanstiegsszenario mit 1,5 Grad oder weniger vereinbar ist (überprüft durch die Science Based Target Initiative oder ein Fidelity Proprietary Climate Rating), das als Beitrag zu Umweltzielen angesehen wird;sofern sie keinen wesentlichen Schaden anrichten, Mindestabsicherungen bieten und gute Governance-Kriterien aufweisen.

teilweise getätigt werden sollen, keinem der ökologischen oder sozialen nachhaltigen Anlageziele erheblich schaden?
Nachhaltige Anlagen werden auf ihre Beteiligung an Aktivitäten überprüft, die erheblichen Schaden und Kontroversen verursachen, und durch eine Kontrolle bewertet, ob der Emittent Mindestabsicherungen und -standards hinsichtlich der wichtigsten nachteiligen Auswirkungen (PAI) sowie die Leistung bei den PAI-Kennzahlen umsetzt bzw. erfüllt. Dazu gehören:
- Normenbasierte Filterkriterien – das Filtern von Wertpapieren, die gemäß den bestehenden (unten beschriebenen) normenbasierten Filterkriterien von Fidelity ermittelt wurden, anhand von:
- aktivitätsbasierten Filterkriterien – das Filtern von Emittenten auf der Grundlage ihrer Beteiligung an Aktivitäten mit erheblichen negativen Auswirkungen auf die Gesellschaft oder die Umwelt, darunter Emittenten, bei denen aufgrund der Filterkriterien für Kontroversen eine„sehr gravierende“ Kontroverse vorliegt, die im Bereich
- Umwelt,
- Menschenrechte und Gemeinschaften,
- Arbeitnehmerrechte und Lieferkette,
- Kunden,
- Governance angesiedelt ist; und anhand von
	- PAI-Indikatoren. Quantitative Daten (sofern verfügbar) zu PAI-Indikatoren werden verwendet, um zu bewerten, ob ein Emittent an Aktivitäten beteiligt ist, die einem Umwelt- oder Sozialziel erheblichen Schaden zufügen.


Bei den wichtigsten nachteiligen Auswirkungen handelt es sich um die bedeutendsten nachteiligen Auswirkungen von Investitionsentscheidun- gen auf NachhaItigkeitsfaktoren in den Bereichen Umwelt, Soziales und Beschäftigung, Achtung der Menschenrechte und Bekämpfung von Korruption und Bestechung.
Wie wurden die Indikatoren für nachteilige Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Für nachhaltige Anlagen, wie oben beschrieben, führt Fidelity eine quantitative Bewertung durch, um Emittenten mit einer problematischen Leistung bei PAI-Indikatoren zu ermitteln. Emittenten mit einer niedrigen Punktzahl kommen nur dann für „nachhaltige Anlagen“ infrage, wenn die Fundamentalresearch von Fidelity feststellt, dass der Emittent nicht gegen die Anforderungen verstößt, „keinen wesentlichen Schaden anrichtet“ oder sich auf einem guten Weg befindet, um die nachteiligen Auswirkungen durch effektives Management oder einen Übergang abzumildern.
Wie stehen die nachhaltigen Investitionen mit den OECD-Leitsätzen für multinationale Unternehmen und den Leitprinzipien der Vereinten Nationen für Wirtschaft und
Menschenrechte in Einklang? Nähere Angaben:
Es werden normenbasierte Filterkriterien angewendet: Emittenten, bei denen festgestellt wurde, dass sie sich nicht in einer Weise verhalten, die ihrer grundlegenden Verantwortung in den Bereichen Menschenrechte, Arbeit, Umwelt und Korruptionsbekämpfung im Einklang mit internationalen Normen gerecht wird, darunter denjenigen, die in den OECD-Leitsätzen für multinationale Unternehmen, den Leitprinzipien der Vereinten Nationen für Wirtschaft und Menschenrechte, dem UN Global Compact (UNGC) und den IAO-Standards der Internationalen Arbeitsorganisation (ILO) festgelegt sind, kommen für nachhaltige Investitionen nicht infrage.
In der EU-Taxonomie ist der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" festgelegt, nach dem taxonomiekonforme Investitionen die Ziele der EU-Taxonomie nicht erheblich beeinträchtigen dürfen, und es sind spezifische EU-Kriterien beigefügt. Der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" findet nur bei denjenigen dem Finanzprodukt zugrunde liegenden Investitionen Anwendung, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten berücksichtigen. Die dem verbleibenden Teil dieses  Finanzprodukts zugrunde  liegenden Investitionen berücksichtigen nicht die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten. Alle anderen nachhaltigen Investitionen dürfen ökologische oder soziale Ziele ebenfalls nicht erheblich beeinträchtigen.

###### Werden bei diesem Finanzprodukt die wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Ja
- NeinDie wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren werden mit Hilfe einer Vielzahl von Instrumenten berücksichtigt und in Anlageentscheidungen einbezogen. Hierzu zählen:
- Due Diligence – Analyse, ob die wichtigsten nachteiligen Auswirkungen (PAI) wesentlich und negativ sind.
- ESG-Rating – Fidelity bezieht sich auf ESG-Ratings, die wesentliche nachteilige Auswirkungen wie CO2-Emissionen, Mitarbeitersicherheit, Bestechung und Korruption sowie Wassermanagement berücksichtigen, und bei den von Staaten ausgegebenen Wertpapieren berücksichtigen die verwendeten Ratings wichtige nachteilige Auswirkungen (PAI) wie CO2-Emissionen, Sozialverstöße und die Meinungsfreiheit.
- Ausschlusskriterien – Bei Direktanlagen in Unternehmen als Emittenten wendet der Teilfonds die (unten definierten) Ausschlusskriterien an, um die wichtigsten nachteiligen Auswirkungen abzumildern. Dazu schließt er schädliche Sektoren aus und verbietet Investitionen in Emittenten, die gegen internationale Standards wie den UNGC verstoßen.
- Mitwirkung – Fidelity nutzt Mitwirkung als ein Instrument, um die wichtigsten nachteiligen Auswirkungen besser zu verstehen und sich unter bestimmten Umständen für die Abmilderung der wichtigsten nachteiligen Auswirkungen einzusetzen. Fidelity beteiligt sich an relevanten individuellen und kollaborativen Arten der Mitwirkung, die auf eine Reihe von wichtigen negativen Auswirkungen abzielen (z. B. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Abstimmungsverhalten – Die Abstimmungspolitik von Fidelity umfasst bei Unternehmen als Emittenten explizite Mindeststandards für die Geschlechtervielfalt im Aufsichtsrat und die Auseinandersetzung mit dem Klimawandel. Fidelity kann auch auf eine Weise abstimmen, dass die wichtigsten nachteiligen Auswirkungen abgemildert werden.
- Vierteljährliche Überprüfungen – Überwachung der wichtigsten nachteiligen Auswirkungen (PAI) durch den vierteljährlichen Überprüfungsprozess des Teilfonds.

Wenn es um die Frage geht, ob Investitionen eine wesentliche nachteilige Auswirkung haben, berücksichtigt Fidelity für jeden Nachhaltigkeitsfaktor spezifische Indikatoren. Diese Indikatoren hängen von der Datenverfügbarkeit ab und können sich mit zunehmender Datenqualität und
-verfügbarkeit weiterentwickeln.
Informationen über die wichtigsten nachteiligen Auswirkungen werden im Jahresbericht des Teilfonds zur Verfügung gestellt.
Die Anlagestrategie dient aIs Richtschnur für Investitionsentscheidun- gen, wobei bestimmte Kriterien wie beispielsweise Investitionsziele oder Risikotoleranz
berücksichtigt werden.
Mindestens 50% des Nettovermögens des Teilfonds werden in Wertpapiere investiert, die gute ESG-Eigenschaften aufweisen.
Ob ESG-Eigenschaften gut sind, wird anhand von ESG-Ratings externer Agenturen und von Fidelity ESG-Ratings ermittelt.
Innerhalb dieses Anlageuniversums wählt der Investmentmanager Aktien mit Hilfe rigoroser Bottom-up-Finanzanalysen und -bewertungen aus, um Aktien mit einem Potenzial für hohe Anlagerenditen auszuwählen.
In Bezug auf seine Direktanlagen in Unternehmensemittenten berücksichtigt der Teilfonds:
- eine unternehmensweite Ausschlussliste, die Streumunition und Antipersonenlandminen umfasst; und
- eine normenbasierte Filterung von Emittenten, die nach Ansicht des Investmentmanagers ihre Geschäfte nicht in Übereinstimmung mit internationalen Normen, darunter den im UNGC festgelegten, durchgeführt haben.

Die oben genannten Ausschluss- und Filterkriterien (die „Ausschlusskriterien“) werden möglicherweise von Zeit zu Zeit aktualisiert. Weitere Informationen erhalten Sie auf der Website Sustainable investing framework (fidelityinternational.com).
Es steht zudem im Ermessen des Investmentmanagers, von Zeit zu Zeit erweiterte, strengere Nachhaltigkeitsanforderungen und Ausschlusskriterien anzuwenden.
Worin bestehen die verbindlichen Elemente der Anlagestrategie, die für die Auswahl der Investitionen zur Erfüllung der beworbenen ökologischen oder sozialen Ziele verwendet werden?
Der Teilfonds investiert:
- mindestens  50%  seines  Vermögens in Wertpapiere von Emittenten mit guten ESG-Eigenschaften,
- mindestens 3% in nachhaltige Anlagen, von denen mindestens 0% ein Umweltziel aufweisen, das sich an der EU-Taxonomie orientiert, mindestens 1% ein Umweltziel, das sich nicht an der EU-Taxonomie orientiert, und mindestens 1% ein Sozialziel verfolgen.

Darüber hinaus wird der Teilfonds die oben beschriebenen Ausschlusskriterien systematisch anwenden.
Um welchen Mindestsatz wird der Umfang der vor der Anwendung dieser Anlagestrategie in Betracht gezogenen Investitionen reduziert?
Diese Frage ist hier nicht relevant.
Die Verfahrensweisen einer guten
Unternehmensführung umfassen solide Managementstrukturen, die Beziehungen zu den Arbeitnehmern, die Vergütung von Mitarbeitern sowie die Einhaltung der Steuervorschriften.
Wie werden die Verfahrensweisen einer guten Unternehmensführung der Unternehmen, in die investiert wird, bewertet?
Die Governance-Praktiken der Emittenten werden anhand von Fundamentalresearch bewertet, die Fidelity ESG-Ratings sowie Daten zu Kontroversen und Verstößen gegen den UN Global Compact berücksichtigt.
Zu den wichtigsten Punkten, die analysiert werden, gehören unter anderem die Erfolgsbilanz der Kapitalallokation, die finanzielle Transparenz, Transaktionen mit nahestehenden Parteien, die Unabhängigkeit und Größe des Vorstands, die Vergütung der Führungskräfte, die Abschlussprüfer und die interne Aufsicht sowie die Rechte der Minderheitsanteilinhaber.
Die Vermögensallokation gibt den jeweiligen Anteil der Investitionen in bestimmte Vermögenswerte an.
Taxonomiekonforme Tätigkeiten, ausgedrückt durch den Anteil der:
- Umsatzerlöse, die den Anteil der Einnahmen aus umweltfreundlichenAktivitäten der Unternehmen, in die investiert wird, widerspiegeln
- Investitionsausgaben (CapEx), die die umweltfreundlichen Investitionen der Unternehmen, in die investiert wird, aufzeigen,z.B. für den Übergang zu einer grünen Wirtschaft- Betriebsausgaben (OpEx), die die umweltfreundlichenbetrieblichen Aktivitäten der Unternehmen, in die investiert wird, widerspiegeln(#1 Ausgerichtet an E/S-Eigenschaften) Der Teilfonds investiert nach Möglichkeit:
- mindestens 50% seines	Vermögens	in	Wertpapiere	von	Emittenten	mit	guten ESG-Eigenschaften,
- mindestens 3% seines Vermögens in nachhaltige (#1A nachhaltig) Anlagen, von denen mindestens 0% ein Umweltziel verfolgen (das an der EU-Taxonomie ausgerichtet ist), mindestens 1% ein Umweltziel haben (das nicht an der EU-Taxonomie ausgerichtet ist) und mindestens 1% ein Sozialziel haben. Die übrigen nachhaltigen Anlagen des Teilfonds können ein Umwelt- oder Sozialziel verfolgen.

Sonstige Umweltziele 1%
(#1B Sonstige E/S-Eigenschaften) Umfasst Wertpapiere von Emittenten mit guten ESG-Eigenschaften, die aber keine nachhaltigen Anlagen sind.
#1A Nachhaltige
Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale
50%
Investitionen 3%
#1B Andere ökologische oder soziale Merkmale
Soziales 1%
#2 Andere Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst Investitionen des Finanzprodukts, die zur Erreichung der beworbenen ökologischen oder sozialen Merkmale getätigt wurden.
#2 Andere Investitionen umfasst die übrigen Investitionen des Finanzprodukts, die weder auf ökologische oder soziale Merkmale ausgerichtet sind noch als nachhaltige Investitionen eingestuft werden.
Die Kategorie #1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst folgende Unterkategorien:
Die Unterkategorie #1A Nachhaltige Investitionen umfasst nachhaltige Investitionen mit ökologischen oder sozialen Zielen.
Die Unterkategorie #1B Andere ökologische oder soziale Merkmale umfasst Investitionen, die auf ökologische oder soziale Merkmale ausgerichtet sind, aber nicht als nachhaltige Investitionen eingestuft werden.
Inwiefern werden durch den Einsatz von Derivaten die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht?
Wenn das einem Derivat zugrunde liegende Wertpapier im Einklang mit dem System für nachhaltiges Investieren von Fidelity gute ESG-Eigenschaften aufweist, darf das Derivat zur Feststellung des Teilfondsanteils berücksichtigt werden, der Umwelt- oder Sozialeigenschaften fördert.
In welchem Mindestmaß sind nachhaltige Investitionen mit einem Umweltziel mit der EU-Taxonomie konform?
Der Teilfonds investiert mindestens 0% in nachhaltige Anlagen mit einem Umweltziel, die mit der EU-Taxonomie konform sind.
Die Konformität der Anlagen des Teilfonds mit der EU-Taxonomie wird nicht durch Wirtschaftsprüfer oder mittels einer Überprüfung durch Dritte sichergestellt.
Die Ausrichtung der zugrunde liegenden Anlagen des Teilfonds an der EU-Taxonomie wird anhand des Umsatzes gemessen.
Investiert das Finanzprodukt in Aktivitäten im Zusammenhang mit fossilem Gas und/oder Kernenergie, die der EU-Taxonomie¹ entsprechen?
- JaNein
- In fossiles Gas	In KernenergieWie hoch ist der Mindestanteil der Investitionen in Übergangstätigkeiten und ermöglichende Tätigkeiten?

Der Teilfonds investiert mindestens 0% in Übergangstätigkeiten und ermöglichende Tätigkeiten.
Wie hoch ist der Mindestanteil nachhaltiger Investitionen mit einem Umweltziel, die nicht mit der EU-Taxonomie konform sind?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Umweltziel, das nicht mit der EU-Taxonomie konform ist.
Die Anlagen können zwar mit der EU-Taxonomie konform sein, aber der Investmentmanager ist derzeit nicht in der Lage, den genauen Anteil der Anlagen des Teilfonds anzugeben, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftstätigkeiten berücksichtigen. Die Position wird jedoch weiterhin überprüft, wenn die zugrunde liegenden Regeln festgelegt sind und im Laufe der Zeit mehr zuverlässige Daten zur Verfügung stehen.
¹ Tätigkeiten im Bereich fossiles Gas und/oder Kernenergie sind nur dann EU-taxonomiekonform, wenn sie zur Eindämmung des Klimawandels („Klimaschutz“) beitragen und kein Ziel der EU-Taxonomie erheblich beeinträchtigen – siehe Erläuterung am linken Rand. Die vollständigen Kriterien für EU-taxonomiekonforme Wirtschaftstätigkeiten im Bereich fossiles Gas und Kernenergie sind in der Delegierten Verordnung (EU) 2022/1214 der Kommission festgelegt.
Wie hoch ist der Mindestanteil der sozial nachhaltigen Investitionen?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Sozialziel.
Welche Investitionen fallen unter ,,#2 Andere Investitionen", welcher Anlagezweck wird mit ihnen verfolgt und gibt es einen ökologischen oder sozialen Mindestschutz?
Die verbleibenden Anlagen des Teilfonds erfolgen in Instrumenten, die zum Finanzziel des Teilfonds passen, und für Liquiditätszwecke in liquiden Mitteln und liquiden Mitteln gleichstehenden Mitteln sowie in Derivaten, die als Anlagen und für eine effiziente Portfolioverwaltung eingesetzt werden können.
Zur Gewährleistung eines Mindestmaßes an Umwelt- und Sozialabsicherungen wendet der Teilfonds die Ausschlusskriterien an.

###### Wurde ein Index als Referenzwert bestimmt, um festzustellen, ob dieses Finanzprodukt auf die beworbenen ökologischen und/oder sozialen Merkmale ausgerichtet ist?
Es wird kein bestimmter Index als Referenzbenchmark angegeben, um festzustellen, ob dieses Finanzprodukt zu den geförderten Umwelt- oder Sozialeigenschaften passt.
Bei den Referenzwerten handelt es sich um Indizes, mit denen gemessen wird, ob das Finanzprodukt die beworbenen ökologischen oder sozialen Merkmale erreicht.
Inwiefern ist der Referenzwert kontinuierlich auf die mit dem Finanzprodukt beworbenen ökologischen und sozialen Merkmale ausgerichtet?
Diese Frage ist hier nicht relevant.
Wie wird die kontinuierliche Ausrichtung der Anlagestrategie auf die Indexmethode sichergestellt?
Diese Frage ist hier nicht relevant.
Wie unterscheidet sich der bestimmte Index von einem relevanten breiten Marktindex?
Diese Frage ist hier nicht relevant.
Wo kann die Methode zur Berechnung des bestimmten Indexes eingesehen werden?
Diese Frage ist hier nicht relevant.

###### 	Wo kann ich im Internet weitere produktspezifische Informationen finden?
Weitere produktspezifische Informationen finden Sie auf der Website: https:/www.fidelity.lu/funds/factsheet/LU0329678410/tab-disclosure#SFDR-disclosure. 
Weitere Informationen zu den hier dargelegten Methoden finden Sie auf der Website: System fürnachhaltiges Investieren (fidelityinternational.com).
Vorvertragliche Informationen zu den in Artikel 8 Absätze 1, 2 und 2a der Verordnung (EU) 2019/2088 und Artikel 6 Absatz 1 der Verordnung (EU) 2020/852 genannten Finanzprodukten
Name des Produkts:	Unternehmenskennung (LEI- Code):
Fidelity Funds - Emerging Markets Fund	5493002DANCVJDN6B565

###### Ökologische und/oder soziale Merkmale
| Werden mit diesem Finanzprodukt nachhaltige Investitionen angestrebt? |
| --- |
|  | - Ja
 |  | Nein |
| - Es wird damit ein MindestanteiI an nachhaltigen Investitionen mit einem Umweltziel getätigt:%
	- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie als ökologisch nachhaltig einzustufen sind
	- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie nicht als ökologisch nachhaltig einzustufen sind

- Es wird damit ein Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel getätigt:%
 | Es werden damit ökologische/soziale Merkmale beworben und obwohl keine nachhaltigen Investitionen angestrebt werden, enthält es einen Mindestanteil von 10% an nachhaltigen Investitionen. - mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie als ökologisch nachhaltig einzustufen sindmit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie nicht als ökologisch nachhaltig einzustufen sindmit einem sozialen Ziel
- Es	werden		damit	ökologische/soziale Merkmale	beworben,		aber	keinenachhaltigen Investitionen getätigt.
 |

Welche ökologischen und/ oder sozialen Merkmale werden mit diesem Finanzprodukt beworben?
Mit Nachhaltigkeitsin- dikatoren wird gemessen, inwieweit die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht werden.
Der Teilfonds fördert Umwelt- und Sozialeigenschaften, indem er in Wertpapiere von Emittenten mit guten ESG-Eigenschaften investiert. Gute ESG-Eigenschaften werden anhand von ESG-Ratings ermittelt. ESG-Ratings berücksichtigen Umwelteigenschaften wie CO2-Intensität, CO2-Emissionen, Energieeffizienz, Wasser- und Abfallmanagement und Biodiversität sowie Sozialeigenschaften wie Produktsicherheit, Lieferkette, Gesundheit und Sicherheit sowie Menschenrechte.
Der Teilfonds ist in gewissem Maße bestrebt, nachhaltige Anlagen zu tätigen.
Es wird keine Referenzbenchmark festgelegt, um die geförderten Umwelt- und Sozialeigenschaften zu erreichen.
einzelnen ökologischen oder sozialen Merkmale, die durch dieses Finanzprodukt beworben werden, herangezogen?
Der Teilfonds verwendet die folgenden Nachhaltigkeitsindikatoren, um die Ausprägung der von ihm geförderten Umwelt- oder Sozialeigenschaften zu messen:
- der  Prozentsatz des Teilfonds, der in Wertpapieren von Emittenten mit guten ESG-Eigenschaften im Einklang mit dem System für nachhaltiges Investieren von Fidelity investiert ist;
- in Bezug auf seine Direktanlagen in Unternehmen als Emittenten der Prozentsatz des Teilfonds, der in Wertpapiere von Emittenten investiert ist, auf die Ausschlusskriterien (wie unten definiert) zutreffen;
- der Prozentsatz des Teilfonds, der in nachhaltige Anlagen investiert ist; und
- der Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Umweltziel bei Wirtschaftsaktivitäten investiert ist, die gemäß der EU-Taxonomie nicht als ökologisch nachhaltig gelten; und
- der Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel investiert ist.

Welches sind die Ziele der nachhaltigen Investitionen, die mit dem
Finanzprodukt teilweise getätigt werden sollen, und wie trägt die nachhaltige Investition zu diesen Zielen bei?
Der Teilfonds ermittelt wie folgt, ob eine Anlage nachhaltig ist:
- Emittenten, die wirtschaftliche Tätigkeiten ausüben, die zu einem oder mehreren der in der EU-Taxonomie festgelegten Umweltziele beitragen und gemäß der EU-Taxonomie als ökologisch nachhaltig gelten; oder
- Emittenten, bei denen der Großteil ihrer Geschäftstätigkeit (mehr als 50% des Umsatzes) zu ökologischen oder sozialen Zielen beiträgt, die mit einem oder mehreren der Ziele der Vereinten Nationen für nachhaltige Entwicklung („SDG“) in Einklang stehen; oder
- Emittenten, die ein Dekarbonisierungsziel festgelegt haben, das mit einem Temperaturanstiegsszenario mit 1,5 Grad oder weniger vereinbar ist (überprüft durch die Science Based Target Initiative oder ein Fidelity Proprietary Climate Rating), das als Beitrag zu Umweltzielen angesehen wird;sofern sie keinen wesentlichen Schaden anrichten, Mindestabsicherungen bieten und gute Governance-Kriterien aufweisen.

teilweise getätigt werden sollen, keinem der ökologischen oder sozialen nachhaltigen Anlageziele erheblich schaden?
Nachhaltige Anlagen werden auf ihre Beteiligung an Aktivitäten überprüft, die erheblichen Schaden und Kontroversen verursachen, und durch eine Kontrolle bewertet, ob der Emittent Mindestabsicherungen und -standards hinsichtlich der wichtigsten nachteiligen Auswirkungen (PAI) sowie die Leistung bei den PAI-Kennzahlen umsetzt bzw. erfüllt. Dazu gehören:
- Normenbasierte Filterkriterien – das Filtern von Wertpapieren, die gemäß den bestehenden (unten beschriebenen) normenbasierten Filterkriterien von Fidelity ermittelt wurden, anhand von:
- aktivitätsbasierten Filterkriterien – das Filtern von Emittenten auf der Grundlage ihrer Beteiligung an Aktivitäten mit erheblichen negativen Auswirkungen auf die Gesellschaft oder die Umwelt, darunter Emittenten, bei denen aufgrund der Filterkriterien für Kontroversen eine„sehr gravierende“ Kontroverse vorliegt, die im Bereich
- Umwelt,
- Menschenrechte und Gemeinschaften,
- Arbeitnehmerrechte und Lieferkette,
- Kunden,
- Governance angesiedelt ist; und anhand von
	- PAI-Indikatoren. Quantitative Daten (sofern verfügbar) zu PAI-Indikatoren werden verwendet, um zu bewerten, ob ein Emittent an Aktivitäten beteiligt ist, die einem Umwelt- oder Sozialziel erheblichen Schaden zufügen.


Bei den wichtigsten nachteiligen Auswirkungen handelt es sich um die bedeutendsten nachteiligen Auswirkungen von Investitionsentscheidun- gen auf NachhaItigkeitsfaktoren in den Bereichen Umwelt, Soziales und Beschäftigung, Achtung der Menschenrechte und Bekämpfung von Korruption und Bestechung.
Wie wurden die Indikatoren für nachteilige Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Für nachhaltige Anlagen, wie oben beschrieben, führt Fidelity eine quantitative Bewertung durch, um Emittenten mit einer problematischen Leistung bei PAI-Indikatoren zu ermitteln. Emittenten mit einer niedrigen Punktzahl kommen nur dann für „nachhaltige Anlagen“ infrage, wenn die Fundamentalresearch von Fidelity feststellt, dass der Emittent nicht gegen die Anforderungen verstößt, „keinen wesentlichen Schaden anrichtet“ oder sich auf einem guten Weg befindet, um die nachteiligen Auswirkungen durch effektives Management oder einen Übergang abzumildern.
Wie stehen die nachhaltigen Investitionen mit den OECD-Leitsätzen für multinationale Unternehmen und den Leitprinzipien der Vereinten Nationen für Wirtschaft und
Menschenrechte in Einklang? Nähere Angaben:
Es werden normenbasierte Filterkriterien angewendet: Emittenten, bei denen festgestellt wurde, dass sie sich nicht in einer Weise verhalten, die ihrer grundlegenden Verantwortung in den Bereichen Menschenrechte, Arbeit, Umwelt und Korruptionsbekämpfung im Einklang mit internationalen Normen gerecht wird, darunter denjenigen, die in den OECD-Leitsätzen für multinationale Unternehmen, den Leitprinzipien der Vereinten Nationen für Wirtschaft und Menschenrechte, dem UN Global Compact (UNGC) und den IAO-Standards der Internationalen Arbeitsorganisation (ILO) festgelegt sind, kommen für nachhaltige Investitionen nicht infrage.
In der EU-Taxonomie ist der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" festgelegt, nach dem taxonomiekonforme Investitionen die Ziele der EU-Taxonomie nicht erheblich beeinträchtigen dürfen, und es sind spezifische EU-Kriterien beigefügt. Der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" findet nur bei denjenigen dem Finanzprodukt zugrunde liegenden Investitionen Anwendung, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten berücksichtigen. Die dem verbleibenden Teil dieses  Finanzprodukts zugrunde  liegenden Investitionen berücksichtigen nicht die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten. Alle anderen nachhaltigen Investitionen dürfen ökologische oder soziale Ziele ebenfalls nicht erheblich beeinträchtigen.

###### Werden bei diesem Finanzprodukt die wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Ja
- NeinDie wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren werden mit Hilfe einer Vielzahl von Instrumenten berücksichtigt und in Anlageentscheidungen einbezogen. Hierzu zählen:
- Due Diligence – Analyse, ob die wichtigsten nachteiligen Auswirkungen (PAI) wesentlich und negativ sind.
- ESG-Rating – Fidelity bezieht sich auf ESG-Ratings, die wesentliche nachteilige Auswirkungen wie CO2-Emissionen, Mitarbeitersicherheit, Bestechung und Korruption sowie Wassermanagement berücksichtigen, und bei den von Staaten ausgegebenen Wertpapieren berücksichtigen die verwendeten Ratings wichtige nachteilige Auswirkungen (PAI) wie CO2-Emissionen, Sozialverstöße und die Meinungsfreiheit.
- Ausschlusskriterien – Bei Direktanlagen in Unternehmen als Emittenten wendet der Teilfonds die (unten definierten) Ausschlusskriterien an, um die wichtigsten nachteiligen Auswirkungen abzumildern. Dazu schließt er schädliche Sektoren aus und verbietet Investitionen in Emittenten, die gegen internationale Standards wie den UNGC verstoßen.
- Mitwirkung – Fidelity nutzt Mitwirkung als ein Instrument, um die wichtigsten nachteiligen Auswirkungen besser zu verstehen und sich unter bestimmten Umständen für die Abmilderung der wichtigsten nachteiligen Auswirkungen einzusetzen. Fidelity beteiligt sich an relevanten individuellen und kollaborativen Arten der Mitwirkung, die auf eine Reihe von wichtigen negativen Auswirkungen abzielen (z. B. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Abstimmungsverhalten – Die Abstimmungspolitik von Fidelity umfasst bei Unternehmen als Emittenten explizite Mindeststandards für die Geschlechtervielfalt im Aufsichtsrat und die Auseinandersetzung mit dem Klimawandel. Fidelity kann auch auf eine Weise abstimmen, dass die wichtigsten nachteiligen Auswirkungen abgemildert werden.
- Vierteljährliche Überprüfungen – Überwachung der wichtigsten nachteiligen Auswirkungen (PAI) durch den vierteljährlichen Überprüfungsprozess des Teilfonds.

Wenn es um die Frage geht, ob Investitionen eine wesentliche nachteilige Auswirkung haben, berücksichtigt Fidelity für jeden Nachhaltigkeitsfaktor spezifische Indikatoren. Diese Indikatoren hängen von der Datenverfügbarkeit ab und können sich mit zunehmender Datenqualität und
-verfügbarkeit weiterentwickeln.
Informationen über die wichtigsten nachteiligen Auswirkungen werden im Jahresbericht des Teilfonds zur Verfügung gestellt.
Die Anlagestrategie dient aIs Richtschnur für Investitionsentscheidun- gen, wobei bestimmte Kriterien wie beispielsweise Investitionsziele oder Risikotoleranz
berücksichtigt werden.
Mindestens 50% des Nettovermögens des Teilfonds werden in Wertpapiere investiert, die gute ESG-Eigenschaften aufweisen.
Ob ESG-Eigenschaften gut sind, wird anhand von ESG-Ratings externer Agenturen und von Fidelity ESG-Ratings ermittelt.
Innerhalb dieses Anlageuniversums wählt der Investmentmanager Aktien mit Hilfe rigoroser Bottom-up-Finanzanalysen und -bewertungen aus, um Aktien mit einem Potenzial für hohe Anlagerenditen auszuwählen.
In Bezug auf seine Direktanlagen in Unternehmensemittenten berücksichtigt der Teilfonds:
- eine unternehmensweite Ausschlussliste, die Streumunition und Antipersonenlandminen umfasst; und
- eine normenbasierte Filterung von Emittenten, die nach Ansicht des Investmentmanagers ihre Geschäfte nicht in Übereinstimmung mit internationalen Normen, darunter den im UNGC festgelegten, durchgeführt haben.

Die oben genannten Ausschluss- und Filterkriterien (die „Ausschlusskriterien“) werden möglicherweise von Zeit zu Zeit aktualisiert. Weitere Informationen erhalten Sie auf der Website Sustainable investing framework (fidelityinternational.com).
Es steht zudem im Ermessen des Investmentmanagers, von Zeit zu Zeit erweiterte, strengere Nachhaltigkeitsanforderungen und Ausschlusskriterien anzuwenden.
Worin bestehen die verbindlichen Elemente der Anlagestrategie, die für die Auswahl der Investitionen zur Erfüllung der beworbenen ökologischen oder sozialen Ziele verwendet werden?
Der Teilfonds investiert:
- mindestens  50%  seines  Vermögens in Wertpapiere von Emittenten mit guten ESG-Eigenschaften,
- mindestens 10% in nachhaltige Anlagen, von denen mindestens 0% ein Umweltziel aufweisen, das sich an der EU-Taxonomie orientiert, mindestens 1% ein Umweltziel, das sich nicht an der EU-Taxonomie orientiert, und mindestens 1% ein Sozialziel verfolgen.

Darüber hinaus wird der Teilfonds die oben beschriebenen Ausschlusskriterien systematisch anwenden.
Um welchen Mindestsatz wird der Umfang der vor der Anwendung dieser Anlagestrategie in Betracht gezogenen Investitionen reduziert?
Diese Frage ist hier nicht relevant.
Die Verfahrensweisen einer guten
Unternehmensführung umfassen solide Managementstrukturen, die Beziehungen zu den Arbeitnehmern, die Vergütung von Mitarbeitern sowie die Einhaltung der Steuervorschriften.
Wie werden die Verfahrensweisen einer guten Unternehmensführung der Unternehmen, in die investiert wird, bewertet?
Die Governance-Praktiken der Emittenten werden anhand von Fundamentalresearch bewertet, die Fidelity ESG-Ratings sowie Daten zu Kontroversen und Verstößen gegen den UN Global Compact berücksichtigt.
Zu den wichtigsten Punkten, die analysiert werden, gehören unter anderem die Erfolgsbilanz der Kapitalallokation, die finanzielle Transparenz, Transaktionen mit nahestehenden Parteien, die Unabhängigkeit und Größe des Vorstands, die Vergütung der Führungskräfte, die Abschlussprüfer und die interne Aufsicht sowie die Rechte der Minderheitsanteilinhaber.
Die Vermögensallokation gibt den jeweiligen Anteil der Investitionen in bestimmte Vermögenswerte an.
Taxonomiekonforme Tätigkeiten, ausgedrückt durch den Anteil der:
- Umsatzerlöse, die den Anteil der Einnahmen aus umweltfreundlichenAktivitäten der Unternehmen, in die investiert wird, widerspiegeln
- Investitionsausgaben (CapEx), die die umweltfreundlichen Investitionen der Unternehmen, in die investiert wird, aufzeigen,z.B. für den Übergang zu einer grünen Wirtschaft- Betriebsausgaben (OpEx), die die umweltfreundlichenbetrieblichen Aktivitäten der Unternehmen, in die investiert wird, widerspiegeln(#1 Ausgerichtet an E/S-Eigenschaften) Der Teilfonds investiert nach Möglichkeit:
- mindestens 50% seines	Vermögens	in	Wertpapiere	von	Emittenten	mit	guten ESG-Eigenschaften,
- mindestens 10% seines Vermögens in nachhaltige (#1A nachhaltig) Anlagen, von denen mindestens 0% ein Umweltziel verfolgen (das an der EU-Taxonomie ausgerichtet ist), mindestens 1% ein Umweltziel haben (das nicht an der EU-Taxonomie ausgerichtet ist) und mindestens 1% ein Sozialziel haben. Die übrigen nachhaltigen Anlagen des Teilfonds können ein Umwelt- oder Sozialziel verfolgen.

Sonstige Umweltziele 1%
(#1B Sonstige E/S-Eigenschaften) Umfasst Wertpapiere von Emittenten mit guten ESG-Eigenschaften, die aber keine nachhaltigen Anlagen sind.
#1A Nachhaltige
Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale
50%
Investitionen 10%
#1B Andere ökologische oder soziale Merkmale
Soziales 1%
#2 Andere Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst Investitionen des Finanzprodukts, die zur Erreichung der beworbenen ökologischen oder sozialen Merkmale getätigt wurden.
#2 Andere Investitionen umfasst die übrigen Investitionen des Finanzprodukts, die weder auf ökologische oder soziale Merkmale ausgerichtet sind noch als nachhaltige Investitionen eingestuft werden.
Die Kategorie #1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst folgende Unterkategorien:
Die Unterkategorie #1A Nachhaltige Investitionen umfasst nachhaltige Investitionen mit ökologischen oder sozialen Zielen.
Die Unterkategorie #1B Andere ökologische oder soziale Merkmale umfasst Investitionen, die auf ökologische oder soziale Merkmale ausgerichtet sind, aber nicht als nachhaltige Investitionen eingestuft werden.
Inwiefern werden durch den Einsatz von Derivaten die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht?
Wenn das einem Derivat zugrunde liegende Wertpapier im Einklang mit dem System für nachhaltiges Investieren von Fidelity gute ESG-Eigenschaften aufweist, darf das Derivat zur Feststellung des Teilfondsanteils berücksichtigt werden, der Umwelt- oder Sozialeigenschaften fördert.
In welchem Mindestmaß sind nachhaltige Investitionen mit einem Umweltziel mit der EU-Taxonomie konform?
Der Teilfonds investiert mindestens 0% in nachhaltige Anlagen mit einem Umweltziel, die mit der EU-Taxonomie konform sind.
Die Konformität der Anlagen des Teilfonds mit der EU-Taxonomie wird nicht durch Wirtschaftsprüfer oder mittels einer Überprüfung durch Dritte sichergestellt.
Die Ausrichtung der zugrunde liegenden Anlagen des Teilfonds an der EU-Taxonomie wird anhand des Umsatzes gemessen.
Investiert das Finanzprodukt in Aktivitäten im Zusammenhang mit fossilem Gas und/oder Kernenergie, die der EU-Taxonomie¹ entsprechen?
- JaNein
- In fossiles Gas	In KernenergieWie hoch ist der Mindestanteil der Investitionen in Übergangstätigkeiten und ermöglichende Tätigkeiten?

Der Teilfonds investiert mindestens 0% in Übergangstätigkeiten und ermöglichende Tätigkeiten.
Wie hoch ist der Mindestanteil nachhaltiger Investitionen mit einem Umweltziel, die nicht mit der EU-Taxonomie konform sind?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Umweltziel, das nicht mit der EU-Taxonomie konform ist.
Die Anlagen können zwar mit der EU-Taxonomie konform sein, aber der Investmentmanager ist derzeit nicht in der Lage, den genauen Anteil der Anlagen des Teilfonds anzugeben, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftstätigkeiten berücksichtigen. Die Position wird jedoch weiterhin überprüft, wenn die zugrunde liegenden Regeln festgelegt sind und im Laufe der Zeit mehr zuverlässige Daten zur Verfügung stehen.
¹ Tätigkeiten im Bereich fossiles Gas und/oder Kernenergie sind nur dann EU-taxonomiekonform, wenn sie zur Eindämmung des Klimawandels („Klimaschutz“) beitragen und kein Ziel der EU-Taxonomie erheblich beeinträchtigen – siehe Erläuterung am linken Rand. Die vollständigen Kriterien für EU-taxonomiekonforme Wirtschaftstätigkeiten im Bereich fossiles Gas und Kernenergie sind in der Delegierten Verordnung (EU) 2022/1214 der Kommission festgelegt.
Wie hoch ist der Mindestanteil der sozial nachhaltigen Investitionen?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Sozialziel.
Welche Investitionen fallen unter ,,#2 Andere Investitionen", welcher Anlagezweck wird mit ihnen verfolgt und gibt es einen ökologischen oder sozialen Mindestschutz?
Die verbleibenden Anlagen des Teilfonds erfolgen in Instrumenten, die zum Finanzziel des Teilfonds passen, und für Liquiditätszwecke in liquiden Mitteln und liquiden Mitteln gleichstehenden Mitteln sowie in Derivaten, die als Anlagen und für eine effiziente Portfolioverwaltung eingesetzt werden können.
Zur Gewährleistung eines Mindestmaßes an Umwelt- und Sozialabsicherungen wendet der Teilfonds die Ausschlusskriterien an.

###### Wurde ein Index als Referenzwert bestimmt, um festzustellen, ob dieses Finanzprodukt auf die beworbenen ökologischen und/oder sozialen Merkmale ausgerichtet ist?
Es wird kein bestimmter Index als Referenzbenchmark angegeben, um festzustellen, ob dieses Finanzprodukt zu den geförderten Umwelt- oder Sozialeigenschaften passt.
Bei den Referenzwerten handelt es sich um Indizes, mit denen gemessen wird, ob das Finanzprodukt die beworbenen ökologischen oder sozialen Merkmale erreicht.
Inwiefern ist der Referenzwert kontinuierlich auf die mit dem Finanzprodukt beworbenen ökologischen und sozialen Merkmale ausgerichtet?
Diese Frage ist hier nicht relevant.
Wie wird die kontinuierliche Ausrichtung der Anlagestrategie auf die Indexmethode sichergestellt?
Diese Frage ist hier nicht relevant.
Wie unterscheidet sich der bestimmte Index von einem relevanten breiten Marktindex?
Diese Frage ist hier nicht relevant.
Wo kann die Methode zur Berechnung des bestimmten Indexes eingesehen werden?
Diese Frage ist hier nicht relevant.

###### 	Wo kann ich im Internet weitere produktspezifische Informationen finden?
Weitere produktspezifische Informationen finden Sie auf der Website: https:/www.fidelity.lu/funds/factsheet/LU1048684796/tab-disclosure#SFDR-disclosure. 
Weitere Informationen zu den hier dargelegten Methoden finden Sie auf der Website: System fürnachhaltiges Investieren (fidelityinternational.com).
Vorvertragliche Informationen zu den in Artikel 8 Absätze 1, 2 und 2a der Verordnung (EU) 2019/2088 und Artikel 6 Absatz 1 der Verordnung (EU) 2020/852 genannten Finanzprodukten
Name des Produkts:	Unternehmenskennung (LEI- Code):
Fidelity Funds - Institutional Emerging Markets Equity Fund	549300APJHM18WNUFH86

###### Ökologische und/oder soziale Merkmale
| Werden mit diesem Finanzprodukt nachhaltige Investitionen angestrebt? |
| --- |
|  | - Ja
 |  | Nein |
| - Es wird damit ein MindestanteiI an nachhaltigen Investitionen mit einem Umweltziel getätigt:%
	- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie als ökologisch nachhaltig einzustufen sind
	- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie nicht als ökologisch nachhaltig einzustufen sind

- Es wird damit ein Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel getätigt:%
 | Es werden damit ökologische/soziale Merkmale beworben und obwohl keine nachhaltigen Investitionen angestrebt werden, enthält es einen Mindestanteil von 10% an nachhaltigen Investitionen. - mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie als ökologisch nachhaltig einzustufen sindmit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie nicht als ökologisch nachhaltig einzustufen sindmit einem sozialen Ziel
- Es	werden		damit	ökologische/soziale Merkmale	beworben,		aber	keinenachhaltigen Investitionen getätigt.
 |

Welche ökologischen und/ oder sozialen Merkmale werden mit diesem Finanzprodukt beworben?
Mit Nachhaltigkeitsin- dikatoren wird gemessen, inwieweit die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht werden.
Der Teilfonds fördert Umwelt- und Sozialeigenschaften, indem er in Wertpapiere von Emittenten mit guten ESG-Eigenschaften investiert. Gute ESG-Eigenschaften werden anhand von ESG-Ratings ermittelt. ESG-Ratings berücksichtigen Umwelteigenschaften wie CO2-Intensität, CO2-Emissionen, Energieeffizienz, Wasser- und Abfallmanagement und Biodiversität sowie Sozialeigenschaften wie Produktsicherheit, Lieferkette, Gesundheit und Sicherheit sowie Menschenrechte.
Der Teilfonds ist in gewissem Maße bestrebt, nachhaltige Anlagen zu tätigen.
Es wird keine Referenzbenchmark festgelegt, um die geförderten Umwelt- und Sozialeigenschaften zu erreichen.
einzelnen ökologischen oder sozialen Merkmale, die durch dieses Finanzprodukt beworben werden, herangezogen?
Der Teilfonds verwendet die folgenden Nachhaltigkeitsindikatoren, um die Ausprägung der von ihm geförderten Umwelt- oder Sozialeigenschaften zu messen:
- der  Prozentsatz des Teilfonds, der in Wertpapieren von Emittenten mit guten ESG-Eigenschaften im Einklang mit dem System für nachhaltiges Investieren von Fidelity investiert ist;
- in Bezug auf seine Direktanlagen in Unternehmen als Emittenten der Prozentsatz des Teilfonds, der in Wertpapiere von Emittenten investiert ist, auf die Ausschlusskriterien (wie unten definiert) zutreffen;
- der Prozentsatz des Teilfonds, der in nachhaltige Anlagen investiert ist; und
- der Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Umweltziel bei Wirtschaftsaktivitäten investiert ist, die gemäß der EU-Taxonomie nicht als ökologisch nachhaltig gelten; und
- der Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel investiert ist.

Welches sind die Ziele der nachhaltigen Investitionen, die mit dem
Finanzprodukt teilweise getätigt werden sollen, und wie trägt die nachhaltige Investition zu diesen Zielen bei?
Der Teilfonds ermittelt wie folgt, ob eine Anlage nachhaltig ist:
- Emittenten, die wirtschaftliche Tätigkeiten ausüben, die zu einem oder mehreren der in der EU-Taxonomie festgelegten Umweltziele beitragen und gemäß der EU-Taxonomie als ökologisch nachhaltig gelten; oder
- Emittenten, bei denen der Großteil ihrer Geschäftstätigkeit (mehr als 50% des Umsatzes) zu ökologischen oder sozialen Zielen beiträgt, die mit einem oder mehreren der Ziele der Vereinten Nationen für nachhaltige Entwicklung („SDG“) in Einklang stehen; oder
- Emittenten, die ein Dekarbonisierungsziel festgelegt haben, das mit einem Temperaturanstiegsszenario mit 1,5 Grad oder weniger vereinbar ist (überprüft durch die Science Based Target Initiative oder ein Fidelity Proprietary Climate Rating), das als Beitrag zu Umweltzielen angesehen wird;sofern sie keinen wesentlichen Schaden anrichten, Mindestabsicherungen bieten und gute Governance-Kriterien aufweisen.

teilweise getätigt werden sollen, keinem der ökologischen oder sozialen nachhaltigen Anlageziele erheblich schaden?
Nachhaltige Anlagen werden auf ihre Beteiligung an Aktivitäten überprüft, die erheblichen Schaden und Kontroversen verursachen, und durch eine Kontrolle bewertet, ob der Emittent Mindestabsicherungen und -standards hinsichtlich der wichtigsten nachteiligen Auswirkungen (PAI) sowie die Leistung bei den PAI-Kennzahlen umsetzt bzw. erfüllt. Dazu gehören:
- Normenbasierte Filterkriterien – das Filtern von Wertpapieren, die gemäß den bestehenden (unten beschriebenen) normenbasierten Filterkriterien von Fidelity ermittelt wurden, anhand von:
- aktivitätsbasierten Filterkriterien – das Filtern von Emittenten auf der Grundlage ihrer Beteiligung an Aktivitäten mit erheblichen negativen Auswirkungen auf die Gesellschaft oder die Umwelt, darunter Emittenten, bei denen aufgrund der Filterkriterien für Kontroversen eine„sehr gravierende“ Kontroverse vorliegt, die im Bereich
- Umwelt,
- Menschenrechte und Gemeinschaften,
- Arbeitnehmerrechte und Lieferkette,
- Kunden,
- Governance angesiedelt ist; und anhand von
	- PAI-Indikatoren. Quantitative Daten (sofern verfügbar) zu PAI-Indikatoren werden verwendet, um zu bewerten, ob ein Emittent an Aktivitäten beteiligt ist, die einem Umwelt- oder Sozialziel erheblichen Schaden zufügen.


Bei den wichtigsten nachteiligen Auswirkungen handelt es sich um die bedeutendsten nachteiligen Auswirkungen von Investitionsentscheidun- gen auf NachhaItigkeitsfaktoren in den Bereichen Umwelt, Soziales und Beschäftigung, Achtung der Menschenrechte und Bekämpfung von Korruption und Bestechung.
Wie wurden die Indikatoren für nachteilige Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Für nachhaltige Anlagen, wie oben beschrieben, führt Fidelity eine quantitative Bewertung durch, um Emittenten mit einer problematischen Leistung bei PAI-Indikatoren zu ermitteln. Emittenten mit einer niedrigen Punktzahl kommen nur dann für „nachhaltige Anlagen“ infrage, wenn die Fundamentalresearch von Fidelity feststellt, dass der Emittent nicht gegen die Anforderungen verstößt, „keinen wesentlichen Schaden anrichtet“ oder sich auf einem guten Weg befindet, um die nachteiligen Auswirkungen durch effektives Management oder einen Übergang abzumildern.
Wie stehen die nachhaltigen Investitionen mit den OECD-Leitsätzen für multinationale Unternehmen und den Leitprinzipien der Vereinten Nationen für Wirtschaft und
Menschenrechte in Einklang? Nähere Angaben:
Es werden normenbasierte Filterkriterien angewendet: Emittenten, bei denen festgestellt wurde, dass sie sich nicht in einer Weise verhalten, die ihrer grundlegenden Verantwortung in den Bereichen Menschenrechte, Arbeit, Umwelt und Korruptionsbekämpfung im Einklang mit internationalen Normen gerecht wird, darunter denjenigen, die in den OECD-Leitsätzen für multinationale Unternehmen, den Leitprinzipien der Vereinten Nationen für Wirtschaft und Menschenrechte, dem UN Global Compact (UNGC) und den IAO-Standards der Internationalen Arbeitsorganisation (ILO) festgelegt sind, kommen für nachhaltige Investitionen nicht infrage.
In der EU-Taxonomie ist der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" festgelegt, nach dem taxonomiekonforme Investitionen die Ziele der EU-Taxonomie nicht erheblich beeinträchtigen dürfen, und es sind spezifische EU-Kriterien beigefügt. Der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" findet nur bei denjenigen dem Finanzprodukt zugrunde liegenden Investitionen Anwendung, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten berücksichtigen. Die dem verbleibenden Teil dieses  Finanzprodukts zugrunde  liegenden Investitionen berücksichtigen nicht die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten. Alle anderen nachhaltigen Investitionen dürfen ökologische oder soziale Ziele ebenfalls nicht erheblich beeinträchtigen.

###### Werden bei diesem Finanzprodukt die wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Ja
- NeinDie wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren werden mit Hilfe einer Vielzahl von Instrumenten berücksichtigt und in Anlageentscheidungen einbezogen. Hierzu zählen:
- Due Diligence – Analyse, ob die wichtigsten nachteiligen Auswirkungen (PAI) wesentlich und negativ sind.
- ESG-Rating – Fidelity bezieht sich auf ESG-Ratings, die wesentliche nachteilige Auswirkungen wie CO2-Emissionen, Mitarbeitersicherheit, Bestechung und Korruption sowie Wassermanagement berücksichtigen, und bei den von Staaten ausgegebenen Wertpapieren berücksichtigen die verwendeten Ratings wichtige nachteilige Auswirkungen (PAI) wie CO2-Emissionen, Sozialverstöße und die Meinungsfreiheit.
- Ausschlusskriterien – Bei Direktanlagen in Unternehmen als Emittenten wendet der Teilfonds die (unten definierten) Ausschlusskriterien an, um die wichtigsten nachteiligen Auswirkungen abzumildern. Dazu schließt er schädliche Sektoren aus und verbietet Investitionen in Emittenten, die gegen internationale Standards wie den UNGC verstoßen.
- Mitwirkung – Fidelity nutzt Mitwirkung als ein Instrument, um die wichtigsten nachteiligen Auswirkungen besser zu verstehen und sich unter bestimmten Umständen für die Abmilderung der wichtigsten nachteiligen Auswirkungen einzusetzen. Fidelity beteiligt sich an relevanten individuellen und kollaborativen Arten der Mitwirkung, die auf eine Reihe von wichtigen negativen Auswirkungen abzielen (z. B. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Abstimmungsverhalten – Die Abstimmungspolitik von Fidelity umfasst bei Unternehmen als Emittenten explizite Mindeststandards für die Geschlechtervielfalt im Aufsichtsrat und die Auseinandersetzung mit dem Klimawandel. Fidelity kann auch auf eine Weise abstimmen, dass die wichtigsten nachteiligen Auswirkungen abgemildert werden.
- Vierteljährliche Überprüfungen – Überwachung der wichtigsten nachteiligen Auswirkungen (PAI) durch den vierteljährlichen Überprüfungsprozess des Teilfonds.

Wenn es um die Frage geht, ob Investitionen eine wesentliche nachteilige Auswirkung haben, berücksichtigt Fidelity für jeden Nachhaltigkeitsfaktor spezifische Indikatoren. Diese Indikatoren hängen von der Datenverfügbarkeit ab und können sich mit zunehmender Datenqualität und
-verfügbarkeit weiterentwickeln.
Informationen über die wichtigsten nachteiligen Auswirkungen werden im Jahresbericht des Teilfonds zur Verfügung gestellt.
Die Anlagestrategie dient aIs Richtschnur für Investitionsentscheidun- gen, wobei bestimmte Kriterien wie beispielsweise Investitionsziele oder Risikotoleranz
berücksichtigt werden.
Mindestens 50% des Nettovermögens des Teilfonds werden in Wertpapiere investiert, die gute ESG-Eigenschaften aufweisen.
Ob ESG-Eigenschaften gut sind, wird anhand von ESG-Ratings externer Agenturen und von Fidelity ESG-Ratings ermittelt.
Innerhalb dieses Anlageuniversums wählt der Investmentmanager Aktien mit Hilfe rigoroser Bottom-up-Finanzanalysen und -bewertungen aus, um Aktien mit einem Potenzial für hohe Anlagerenditen auszuwählen.
In Bezug auf seine Direktanlagen in Unternehmensemittenten berücksichtigt der Teilfonds:
- eine unternehmensweite Ausschlussliste, die Streumunition und Antipersonenlandminen umfasst; und
- eine normenbasierte Filterung von Emittenten, die nach Ansicht des Investmentmanagers ihre Geschäfte nicht in Übereinstimmung mit internationalen Normen, darunter den im UNGC festgelegten, durchgeführt haben.

Die oben genannten Ausschluss- und Filterkriterien (die „Ausschlusskriterien“) werden möglicherweise von Zeit zu Zeit aktualisiert. Weitere Informationen erhalten Sie auf der Website Sustainable investing framework (fidelityinternational.com).
Es steht zudem im Ermessen des Investmentmanagers, von Zeit zu Zeit erweiterte, strengere Nachhaltigkeitsanforderungen und Ausschlusskriterien anzuwenden.
Worin bestehen die verbindlichen Elemente der Anlagestrategie, die für die Auswahl der Investitionen zur Erfüllung der beworbenen ökologischen oder sozialen Ziele verwendet werden?
Der Teilfonds investiert:
- mindestens  50%  seines  Vermögens in Wertpapiere von Emittenten mit guten ESG-Eigenschaften,
- mindestens 10% in nachhaltige Anlagen, von denen mindestens 0% ein Umweltziel aufweisen, das sich an der EU-Taxonomie orientiert, mindestens 1% ein Umweltziel, das sich nicht an der EU-Taxonomie orientiert, und mindestens 1% ein Sozialziel verfolgen.

Darüber hinaus wird der Teilfonds die oben beschriebenen Ausschlusskriterien systematisch anwenden.
Um welchen Mindestsatz wird der Umfang der vor der Anwendung dieser Anlagestrategie in Betracht gezogenen Investitionen reduziert?
Diese Frage ist hier nicht relevant.
Die Verfahrensweisen einer guten
Unternehmensführung umfassen solide Managementstrukturen, die Beziehungen zu den Arbeitnehmern, die Vergütung von Mitarbeitern sowie die Einhaltung der Steuervorschriften.
Wie werden die Verfahrensweisen einer guten Unternehmensführung der Unternehmen, in die investiert wird, bewertet?
Die Governance-Praktiken der Emittenten werden anhand von Fundamentalresearch bewertet, die Fidelity ESG-Ratings sowie Daten zu Kontroversen und Verstößen gegen den UN Global Compact berücksichtigt.
Zu den wichtigsten Punkten, die analysiert werden, gehören unter anderem die Erfolgsbilanz der Kapitalallokation, die finanzielle Transparenz, Transaktionen mit nahestehenden Parteien, die Unabhängigkeit und Größe des Vorstands, die Vergütung der Führungskräfte, die Abschlussprüfer und die interne Aufsicht sowie die Rechte der Minderheitsanteilinhaber.
Die Vermögensallokation gibt den jeweiligen Anteil der Investitionen in bestimmte Vermögenswerte an.
Taxonomiekonforme Tätigkeiten, ausgedrückt durch den Anteil der:
- Umsatzerlöse, die den Anteil der Einnahmen aus umweltfreundlichenAktivitäten der Unternehmen, in die investiert wird, widerspiegeln
- Investitionsausgaben (CapEx), die die umweltfreundlichen Investitionen der Unternehmen, in die investiert wird, aufzeigen,z.B. für den Übergang zu einer grünen Wirtschaft- Betriebsausgaben (OpEx), die die umweltfreundlichenbetrieblichen Aktivitäten der Unternehmen, in die investiert wird, widerspiegeln(#1 Ausgerichtet an E/S-Eigenschaften) Der Teilfonds investiert nach Möglichkeit:
- mindestens 50% seines	Vermögens	in	Wertpapiere	von	Emittenten	mit	guten ESG-Eigenschaften,
- mindestens 10% seines Vermögens in nachhaltige (#1A nachhaltig) Anlagen, von denen mindestens 0% ein Umweltziel verfolgen (das an der EU-Taxonomie ausgerichtet ist), mindestens 1% ein Umweltziel haben (das nicht an der EU-Taxonomie ausgerichtet ist) und mindestens 1% ein Sozialziel haben. Die übrigen nachhaltigen Anlagen des Teilfonds können ein Umwelt- oder Sozialziel verfolgen.

Sonstige Umweltziele 1%
(#1B Sonstige E/S-Eigenschaften) Umfasst Wertpapiere von Emittenten mit guten ESG-Eigenschaften, die aber keine nachhaltigen Anlagen sind.
#1A Nachhaltige
Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale
50%
Investitionen 10%
#1B Andere ökologische oder soziale Merkmale
Soziales 1%
#2 Andere Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst Investitionen des Finanzprodukts, die zur Erreichung der beworbenen ökologischen oder sozialen Merkmale getätigt wurden.
#2 Andere Investitionen umfasst die übrigen Investitionen des Finanzprodukts, die weder auf ökologische oder soziale Merkmale ausgerichtet sind noch als nachhaltige Investitionen eingestuft werden.
Die Kategorie #1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst folgende Unterkategorien:
Die Unterkategorie #1A Nachhaltige Investitionen umfasst nachhaltige Investitionen mit ökologischen oder sozialen Zielen.
Die Unterkategorie #1B Andere ökologische oder soziale Merkmale umfasst Investitionen, die auf ökologische oder soziale Merkmale ausgerichtet sind, aber nicht als nachhaltige Investitionen eingestuft werden.
Inwiefern werden durch den Einsatz von Derivaten die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht?
Wenn das einem Derivat zugrunde liegende Wertpapier im Einklang mit dem System für nachhaltiges Investieren von Fidelity gute ESG-Eigenschaften aufweist, darf das Derivat zur Feststellung des Teilfondsanteils berücksichtigt werden, der Umwelt- oder Sozialeigenschaften fördert.
In welchem Mindestmaß sind nachhaltige Investitionen mit einem Umweltziel mit der EU-Taxonomie konform?
Der Teilfonds investiert mindestens 0% in nachhaltige Anlagen mit einem Umweltziel, die mit der EU-Taxonomie konform sind.
Die Konformität der Anlagen des Teilfonds mit der EU-Taxonomie wird nicht durch Wirtschaftsprüfer oder mittels einer Überprüfung durch Dritte sichergestellt.
Die Ausrichtung der zugrunde liegenden Anlagen des Teilfonds an der EU-Taxonomie wird anhand des Umsatzes gemessen.
Investiert das Finanzprodukt in Aktivitäten im Zusammenhang mit fossilem Gas und/oder Kernenergie, die der EU-Taxonomie¹ entsprechen?
- JaNein
- In fossiles Gas	In KernenergieWie hoch ist der Mindestanteil der Investitionen in Übergangstätigkeiten und ermöglichende Tätigkeiten?

Der Teilfonds investiert mindestens 0% in Übergangstätigkeiten und ermöglichende Tätigkeiten.
Wie hoch ist der Mindestanteil nachhaltiger Investitionen mit einem Umweltziel, die nicht mit der EU-Taxonomie konform sind?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Umweltziel, das nicht mit der EU-Taxonomie konform ist.
Die Anlagen können zwar mit der EU-Taxonomie konform sein, aber der Investmentmanager ist derzeit nicht in der Lage, den genauen Anteil der Anlagen des Teilfonds anzugeben, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftstätigkeiten berücksichtigen. Die Position wird jedoch weiterhin überprüft, wenn die zugrunde liegenden Regeln festgelegt sind und im Laufe der Zeit mehr zuverlässige Daten zur Verfügung stehen.
¹ Tätigkeiten im Bereich fossiles Gas und/oder Kernenergie sind nur dann EU-taxonomiekonform, wenn sie zur Eindämmung des Klimawandels („Klimaschutz“) beitragen und kein Ziel der EU-Taxonomie erheblich beeinträchtigen – siehe Erläuterung am linken Rand. Die vollständigen Kriterien für EU-taxonomiekonforme Wirtschaftstätigkeiten im Bereich fossiles Gas und Kernenergie sind in der Delegierten Verordnung (EU) 2022/1214 der Kommission festgelegt.
Wie hoch ist der Mindestanteil der sozial nachhaltigen Investitionen?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Sozialziel.
Welche Investitionen fallen unter ,,#2 Andere Investitionen", welcher Anlagezweck wird mit ihnen verfolgt und gibt es einen ökologischen oder sozialen Mindestschutz?
Die verbleibenden Anlagen des Teilfonds erfolgen in Instrumenten, die zum Finanzziel des Teilfonds passen, und für Liquiditätszwecke in liquiden Mitteln und liquiden Mitteln gleichstehenden Mitteln sowie in Derivaten, die als Anlagen und für eine effiziente Portfolioverwaltung eingesetzt werden können.
Zur Gewährleistung eines Mindestmaßes an Umwelt- und Sozialabsicherungen wendet der Teilfonds die Ausschlusskriterien an.

###### Wurde ein Index als Referenzwert bestimmt, um festzustellen, ob dieses Finanzprodukt auf die beworbenen ökologischen und/oder sozialen Merkmale ausgerichtet ist?
Es wird kein bestimmter Index als Referenzbenchmark angegeben, um festzustellen, ob dieses Finanzprodukt zu den geförderten Umwelt- oder Sozialeigenschaften passt.
Bei den Referenzwerten handelt es sich um Indizes, mit denen gemessen wird, ob das Finanzprodukt die beworbenen ökologischen oder sozialen Merkmale erreicht.
Inwiefern ist der Referenzwert kontinuierlich auf die mit dem Finanzprodukt beworbenen ökologischen und sozialen Merkmale ausgerichtet?
Diese Frage ist hier nicht relevant.
Wie wird die kontinuierliche Ausrichtung der Anlagestrategie auf die Indexmethode sichergestellt?
Diese Frage ist hier nicht relevant.
Wie unterscheidet sich der bestimmte Index von einem relevanten breiten Marktindex?
Diese Frage ist hier nicht relevant.
Wo kann die Methode zur Berechnung des bestimmten Indexes eingesehen werden?
Diese Frage ist hier nicht relevant.

###### 	Wo kann ich im Internet weitere produktspezifische Informationen finden?
Weitere produktspezifische Informationen finden Sie auf der Website: https:/www.fidelity.lu/funds/factsheet/LU0261963291/tab-disclosure#SFDR-disclosure. 
Weitere Informationen zu den hier dargelegten Methoden finden Sie auf der Website: System fürnachhaltiges Investieren (fidelityinternational.com).
Vorvertragliche Informationen zu den in Artikel 8 Absätze 1, 2 und 2a der Verordnung (EU) 2019/2088 und Artikel 6 Absatz 1 der Verordnung (EU) 2020/852 genannten Finanzprodukten
Name des Produkts:	Unternehmenskennung (LEI- Code):
Fidelity Funds - India Focus Fund	549300H5IORI7FHCNE34

###### Ökologische und/oder soziale Merkmale
| Werden mit diesem Finanzprodukt nachhaltige Investitionen angestrebt? |
| --- |
|  | - Ja
 |  | Nein |
| - Es wird damit ein MindestanteiI an nachhaltigen Investitionen mit einem Umweltziel getätigt:%
	- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie als ökologisch nachhaltig einzustufen sind
	- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie nicht als ökologisch nachhaltig einzustufen sind

- Es wird damit ein Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel getätigt:%
 | Es werden damit ökologische/soziale Merkmale beworben und obwohl keine nachhaltigen Investitionen angestrebt werden, enthält es einen Mindestanteil von 20% an nachhaltigen Investitionen. - mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie als ökologisch nachhaltig einzustufen sindmit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie nicht als ökologisch nachhaltig einzustufen sindmit einem sozialen Ziel
- Es	werden		damit	ökologische/soziale Merkmale	beworben,		aber	keinenachhaltigen Investitionen getätigt.
 |

Welche ökologischen und/ oder sozialen Merkmale werden mit diesem Finanzprodukt beworben?
Mit Nachhaltigkeitsin- dikatoren wird gemessen, inwieweit die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht werden.
Der Teilfonds fördert Umwelt- und Sozialeigenschaften, indem er in Wertpapiere von Emittenten mit guten ESG-Eigenschaften investiert. Gute ESG-Eigenschaften werden anhand von ESG-Ratings ermittelt. ESG-Ratings berücksichtigen Umwelteigenschaften wie CO2-Intensität, CO2-Emissionen, Energieeffizienz, Wasser- und Abfallmanagement und Biodiversität sowie Sozialeigenschaften wie Produktsicherheit, Lieferkette, Gesundheit und Sicherheit sowie Menschenrechte.
Der Teilfonds ist in gewissem Maße bestrebt, nachhaltige Anlagen zu tätigen.
Es wird keine Referenzbenchmark festgelegt, um die geförderten Umwelt- und Sozialeigenschaften zu erreichen.
einzelnen ökologischen oder sozialen Merkmale, die durch dieses Finanzprodukt beworben werden, herangezogen?
Der Teilfonds verwendet die folgenden Nachhaltigkeitsindikatoren, um die Ausprägung der von ihm geförderten Umwelt- oder Sozialeigenschaften zu messen:
- der  Prozentsatz des Teilfonds, der in Wertpapieren von Emittenten mit guten ESG-Eigenschaften im Einklang mit dem System für nachhaltiges Investieren von Fidelity investiert ist;
- in Bezug auf seine Direktanlagen in Unternehmen als Emittenten der Prozentsatz des Teilfonds, der in Wertpapiere von Emittenten investiert ist, auf die Ausschlusskriterien (wie unten definiert) zutreffen;
- der Prozentsatz des Teilfonds, der in nachhaltige Anlagen investiert ist; und
- der Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Umweltziel bei Wirtschaftsaktivitäten investiert ist, die gemäß der EU-Taxonomie nicht als ökologisch nachhaltig gelten; und
- der Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel investiert ist.

Welches sind die Ziele der nachhaltigen Investitionen, die mit dem
Finanzprodukt teilweise getätigt werden sollen, und wie trägt die nachhaltige Investition zu diesen Zielen bei?
Der Teilfonds ermittelt wie folgt, ob eine Anlage nachhaltig ist:
- Emittenten, die wirtschaftliche Tätigkeiten ausüben, die zu einem oder mehreren der in der EU-Taxonomie festgelegten Umweltziele beitragen und gemäß der EU-Taxonomie als ökologisch nachhaltig gelten; oder
- Emittenten, bei denen der Großteil ihrer Geschäftstätigkeit (mehr als 50% des Umsatzes) zu ökologischen oder sozialen Zielen beiträgt, die mit einem oder mehreren der Ziele der Vereinten Nationen für nachhaltige Entwicklung („SDG“) in Einklang stehen; oder
- Emittenten, die ein Dekarbonisierungsziel festgelegt haben, das mit einem Temperaturanstiegsszenario mit 1,5 Grad oder weniger vereinbar ist (überprüft durch die Science Based Target Initiative oder ein Fidelity Proprietary Climate Rating), das als Beitrag zu Umweltzielen angesehen wird;sofern sie keinen wesentlichen Schaden anrichten, Mindestabsicherungen bieten und gute Governance-Kriterien aufweisen.

teilweise getätigt werden sollen, keinem der ökologischen oder sozialen nachhaltigen Anlageziele erheblich schaden?
Nachhaltige Anlagen werden auf ihre Beteiligung an Aktivitäten überprüft, die erheblichen Schaden und Kontroversen verursachen, und durch eine Kontrolle bewertet, ob der Emittent Mindestabsicherungen und -standards hinsichtlich der wichtigsten nachteiligen Auswirkungen (PAI) sowie die Leistung bei den PAI-Kennzahlen umsetzt bzw. erfüllt. Dazu gehören:
- Normenbasierte Filterkriterien – das Filtern von Wertpapieren, die gemäß den bestehenden (unten beschriebenen) normenbasierten Filterkriterien von Fidelity ermittelt wurden, anhand von:
- aktivitätsbasierten Filterkriterien – das Filtern von Emittenten auf der Grundlage ihrer Beteiligung an Aktivitäten mit erheblichen negativen Auswirkungen auf die Gesellschaft oder die Umwelt, darunter Emittenten, bei denen aufgrund der Filterkriterien für Kontroversen eine„sehr gravierende“ Kontroverse vorliegt, die im Bereich
- Umwelt,
- Menschenrechte und Gemeinschaften,
- Arbeitnehmerrechte und Lieferkette,
- Kunden,
- Governance angesiedelt ist; und anhand von
	- PAI-Indikatoren. Quantitative Daten (sofern verfügbar) zu PAI-Indikatoren werden verwendet, um zu bewerten, ob ein Emittent an Aktivitäten beteiligt ist, die einem Umwelt- oder Sozialziel erheblichen Schaden zufügen.


Bei den wichtigsten nachteiligen Auswirkungen handelt es sich um die bedeutendsten nachteiligen Auswirkungen von Investitionsentscheidun- gen auf NachhaItigkeitsfaktoren in den Bereichen Umwelt, Soziales und Beschäftigung, Achtung der Menschenrechte und Bekämpfung von Korruption und Bestechung.
Wie wurden die Indikatoren für nachteilige Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Für nachhaltige Anlagen, wie oben beschrieben, führt Fidelity eine quantitative Bewertung durch, um Emittenten mit einer problematischen Leistung bei PAI-Indikatoren zu ermitteln. Emittenten mit einer niedrigen Punktzahl kommen nur dann für „nachhaltige Anlagen“ infrage, wenn die Fundamentalresearch von Fidelity feststellt, dass der Emittent nicht gegen die Anforderungen verstößt, „keinen wesentlichen Schaden anrichtet“ oder sich auf einem guten Weg befindet, um die nachteiligen Auswirkungen durch effektives Management oder einen Übergang abzumildern.
Wie stehen die nachhaltigen Investitionen mit den OECD-Leitsätzen für multinationale Unternehmen und den Leitprinzipien der Vereinten Nationen für Wirtschaft und
Menschenrechte in Einklang? Nähere Angaben:
Es werden normenbasierte Filterkriterien angewendet: Emittenten, bei denen festgestellt wurde, dass sie sich nicht in einer Weise verhalten, die ihrer grundlegenden Verantwortung in den Bereichen Menschenrechte, Arbeit, Umwelt und Korruptionsbekämpfung im Einklang mit internationalen Normen gerecht wird, darunter denjenigen, die in den OECD-Leitsätzen für multinationale Unternehmen, den Leitprinzipien der Vereinten Nationen für Wirtschaft und Menschenrechte, dem UN Global Compact (UNGC) und den IAO-Standards der Internationalen Arbeitsorganisation (ILO) festgelegt sind, kommen für nachhaltige Investitionen nicht infrage.
In der EU-Taxonomie ist der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" festgelegt, nach dem taxonomiekonforme Investitionen die Ziele der EU-Taxonomie nicht erheblich beeinträchtigen dürfen, und es sind spezifische EU-Kriterien beigefügt. Der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" findet nur bei denjenigen dem Finanzprodukt zugrunde liegenden Investitionen Anwendung, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten berücksichtigen. Die dem verbleibenden Teil dieses  Finanzprodukts zugrunde  liegenden Investitionen berücksichtigen nicht die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten. Alle anderen nachhaltigen Investitionen dürfen ökologische oder soziale Ziele ebenfalls nicht erheblich beeinträchtigen.

###### Werden bei diesem Finanzprodukt die wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Ja
- NeinDie wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren werden mit Hilfe einer Vielzahl von Instrumenten berücksichtigt und in Anlageentscheidungen einbezogen. Hierzu zählen:
- Due Diligence – Analyse, ob die wichtigsten nachteiligen Auswirkungen (PAI) wesentlich und negativ sind.
- ESG-Rating – Fidelity bezieht sich auf ESG-Ratings, die wesentliche nachteilige Auswirkungen wie CO2-Emissionen, Mitarbeitersicherheit, Bestechung und Korruption sowie Wassermanagement berücksichtigen, und bei den von Staaten ausgegebenen Wertpapieren berücksichtigen die verwendeten Ratings wichtige nachteilige Auswirkungen (PAI) wie CO2-Emissionen, Sozialverstöße und die Meinungsfreiheit.
- Ausschlusskriterien – Bei Direktanlagen in Unternehmen als Emittenten wendet der Teilfonds die (unten definierten) Ausschlusskriterien an, um die wichtigsten nachteiligen Auswirkungen abzumildern. Dazu schließt er schädliche Sektoren aus und verbietet Investitionen in Emittenten, die gegen internationale Standards wie den UNGC verstoßen.
- Mitwirkung – Fidelity nutzt Mitwirkung als ein Instrument, um die wichtigsten nachteiligen Auswirkungen besser zu verstehen und sich unter bestimmten Umständen für die Abmilderung der wichtigsten nachteiligen Auswirkungen einzusetzen. Fidelity beteiligt sich an relevanten individuellen und kollaborativen Arten der Mitwirkung, die auf eine Reihe von wichtigen negativen Auswirkungen abzielen (z. B. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Abstimmungsverhalten – Die Abstimmungspolitik von Fidelity umfasst bei Unternehmen als Emittenten explizite Mindeststandards für die Geschlechtervielfalt im Aufsichtsrat und die Auseinandersetzung mit dem Klimawandel. Fidelity kann auch auf eine Weise abstimmen, dass die wichtigsten nachteiligen Auswirkungen abgemildert werden.
- Vierteljährliche Überprüfungen – Überwachung der wichtigsten nachteiligen Auswirkungen (PAI) durch den vierteljährlichen Überprüfungsprozess des Teilfonds.

Wenn es um die Frage geht, ob Investitionen eine wesentliche nachteilige Auswirkung haben, berücksichtigt Fidelity für jeden Nachhaltigkeitsfaktor spezifische Indikatoren. Diese Indikatoren hängen von der Datenverfügbarkeit ab und können sich mit zunehmender Datenqualität und
-verfügbarkeit weiterentwickeln.
Informationen über die wichtigsten nachteiligen Auswirkungen werden im Jahresbericht des Teilfonds zur Verfügung gestellt.
Die Anlagestrategie dient aIs Richtschnur für Investitionsentscheidun- gen, wobei bestimmte Kriterien wie beispielsweise Investitionsziele oder Risikotoleranz
berücksichtigt werden.
Mindestens 50% des Nettovermögens des Teilfonds werden in Wertpapiere investiert, die gute ESG-Eigenschaften aufweisen.
Ob ESG-Eigenschaften gut sind, wird anhand von ESG-Ratings externer Agenturen und von Fidelity ESG-Ratings ermittelt.
Innerhalb dieses Anlageuniversums wählt der Investmentmanager Aktien mit Hilfe rigoroser Bottom-up-Finanzanalysen und -bewertungen aus, um Aktien mit einem Potenzial für hohe Anlagerenditen auszuwählen.
In Bezug auf seine Direktanlagen in Unternehmensemittenten berücksichtigt der Teilfonds:
- eine unternehmensweite Ausschlussliste, die Streumunition und Antipersonenlandminen umfasst; und
- eine normenbasierte Filterung von Emittenten, die nach Ansicht des Investmentmanagers ihre Geschäfte nicht in Übereinstimmung mit internationalen Normen, darunter den im UNGC festgelegten, durchgeführt haben.

Die oben genannten Ausschluss- und Filterkriterien (die „Ausschlusskriterien“) werden möglicherweise von Zeit zu Zeit aktualisiert. Weitere Informationen erhalten Sie auf der Website Sustainable investing framework (fidelityinternational.com).
Es steht zudem im Ermessen des Investmentmanagers, von Zeit zu Zeit erweiterte, strengere Nachhaltigkeitsanforderungen und Ausschlusskriterien anzuwenden.
Worin bestehen die verbindlichen Elemente der Anlagestrategie, die für die Auswahl der Investitionen zur Erfüllung der beworbenen ökologischen oder sozialen Ziele verwendet werden?
Der Teilfonds investiert:
- mindestens  50%  seines  Vermögens in Wertpapiere von Emittenten mit guten ESG-Eigenschaften,
- mindestens 20% in nachhaltige Anlagen, von denen mindestens 0% ein Umweltziel aufweisen, das sich an der EU-Taxonomie orientiert, mindestens 1% ein Umweltziel, das sich nicht an der EU-Taxonomie orientiert, und mindestens 5% ein Sozialziel verfolgen.

Darüber hinaus wird der Teilfonds die oben beschriebenen Ausschlusskriterien systematisch anwenden.
Um welchen Mindestsatz wird der Umfang der vor der Anwendung dieser Anlagestrategie in Betracht gezogenen Investitionen reduziert?
Diese Frage ist hier nicht relevant.
Die Verfahrensweisen einer guten
Unternehmensführung umfassen solide Managementstrukturen, die Beziehungen zu den Arbeitnehmern, die Vergütung von Mitarbeitern sowie die Einhaltung der Steuervorschriften.
Wie werden die Verfahrensweisen einer guten Unternehmensführung der Unternehmen, in die investiert wird, bewertet?
Die Governance-Praktiken der Emittenten werden anhand von Fundamentalresearch bewertet, die Fidelity ESG-Ratings sowie Daten zu Kontroversen und Verstößen gegen den UN Global Compact berücksichtigt.
Zu den wichtigsten Punkten, die analysiert werden, gehören unter anderem die Erfolgsbilanz der Kapitalallokation, die finanzielle Transparenz, Transaktionen mit nahestehenden Parteien, die Unabhängigkeit und Größe des Vorstands, die Vergütung der Führungskräfte, die Abschlussprüfer und die interne Aufsicht sowie die Rechte der Minderheitsanteilinhaber.
Die Vermögensallokation gibt den jeweiligen Anteil der Investitionen in bestimmte Vermögenswerte an.
Taxonomiekonforme Tätigkeiten, ausgedrückt durch den Anteil der:
- Umsatzerlöse, die den Anteil der Einnahmen aus umweltfreundlichenAktivitäten der Unternehmen, in die investiert wird, widerspiegeln
- Investitionsausgaben (CapEx), die die umweltfreundlichen Investitionen der Unternehmen, in die investiert wird, aufzeigen,z.B. für den Übergang zu einer grünen Wirtschaft- Betriebsausgaben (OpEx), die die umweltfreundlichenbetrieblichen Aktivitäten der Unternehmen, in die investiert wird, widerspiegeln(#1 Ausgerichtet an E/S-Eigenschaften) Der Teilfonds investiert nach Möglichkeit:
- mindestens 50% seines	Vermögens	in	Wertpapiere	von	Emittenten	mit	guten ESG-Eigenschaften,
- mindestens 20% seines Vermögens in nachhaltige (#1A nachhaltig) Anlagen, von denen mindestens 0% ein Umweltziel verfolgen (das an der EU-Taxonomie ausgerichtet ist), mindestens 1% ein Umweltziel haben (das nicht an der EU-Taxonomie ausgerichtet ist) und mindestens 5% ein Sozialziel haben. Die übrigen nachhaltigen Anlagen des Teilfonds können ein Umwelt- oder Sozialziel verfolgen.

Sonstige Umweltziele 1%
(#1B Sonstige E/S-Eigenschaften) Umfasst Wertpapiere von Emittenten mit guten ESG-Eigenschaften, die aber keine nachhaltigen Anlagen sind.
#1A Nachhaltige
Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale
50%
Investitionen 20%
#1B Andere ökologische oder soziale Merkmale
Soziales 5%
#2 Andere Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst Investitionen des Finanzprodukts, die zur Erreichung der beworbenen ökologischen oder sozialen Merkmale getätigt wurden.
#2 Andere Investitionen umfasst die übrigen Investitionen des Finanzprodukts, die weder auf ökologische oder soziale Merkmale ausgerichtet sind noch als nachhaltige Investitionen eingestuft werden.
Die Kategorie #1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst folgende Unterkategorien:
Die Unterkategorie #1A Nachhaltige Investitionen umfasst nachhaltige Investitionen mit ökologischen oder sozialen Zielen.
Die Unterkategorie #1B Andere ökologische oder soziale Merkmale umfasst Investitionen, die auf ökologische oder soziale Merkmale ausgerichtet sind, aber nicht als nachhaltige Investitionen eingestuft werden.
Inwiefern werden durch den Einsatz von Derivaten die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht?
Wenn das einem Derivat zugrunde liegende Wertpapier im Einklang mit dem System für nachhaltiges Investieren von Fidelity gute ESG-Eigenschaften aufweist, darf das Derivat zur Feststellung des Teilfondsanteils berücksichtigt werden, der Umwelt- oder Sozialeigenschaften fördert.
In welchem Mindestmaß sind nachhaltige Investitionen mit einem Umweltziel mit der EU-Taxonomie konform?
Der Teilfonds investiert mindestens 0% in nachhaltige Anlagen mit einem Umweltziel, die mit der EU-Taxonomie konform sind.
Die Konformität der Anlagen des Teilfonds mit der EU-Taxonomie wird nicht durch Wirtschaftsprüfer oder mittels einer Überprüfung durch Dritte sichergestellt.
Die Ausrichtung der zugrunde liegenden Anlagen des Teilfonds an der EU-Taxonomie wird anhand des Umsatzes gemessen.
Investiert das Finanzprodukt in Aktivitäten im Zusammenhang mit fossilem Gas und/oder Kernenergie, die der EU-Taxonomie¹ entsprechen?
- JaNein
- In fossiles Gas	In KernenergieWie hoch ist der Mindestanteil der Investitionen in Übergangstätigkeiten und ermöglichende Tätigkeiten?

Der Teilfonds investiert mindestens 0% in Übergangstätigkeiten und ermöglichende Tätigkeiten.
Wie hoch ist der Mindestanteil nachhaltiger Investitionen mit einem Umweltziel, die nicht mit der EU-Taxonomie konform sind?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Umweltziel, das nicht mit der EU-Taxonomie konform ist.
Die Anlagen können zwar mit der EU-Taxonomie konform sein, aber der Investmentmanager ist derzeit nicht in der Lage, den genauen Anteil der Anlagen des Teilfonds anzugeben, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftstätigkeiten berücksichtigen. Die Position wird jedoch weiterhin überprüft, wenn die zugrunde liegenden Regeln festgelegt sind und im Laufe der Zeit mehr zuverlässige Daten zur Verfügung stehen.
¹ Tätigkeiten im Bereich fossiles Gas und/oder Kernenergie sind nur dann EU-taxonomiekonform, wenn sie zur Eindämmung des Klimawandels („Klimaschutz“) beitragen und kein Ziel der EU-Taxonomie erheblich beeinträchtigen – siehe Erläuterung am linken Rand. Die vollständigen Kriterien für EU-taxonomiekonforme Wirtschaftstätigkeiten im Bereich fossiles Gas und Kernenergie sind in der Delegierten Verordnung (EU) 2022/1214 der Kommission festgelegt.
Wie hoch ist der Mindestanteil der sozial nachhaltigen Investitionen?
Der Teilfonds investiert mindestens 5% in nachhaltige Anlagen mit einem Sozialziel.
Welche Investitionen fallen unter ,,#2 Andere Investitionen", welcher Anlagezweck wird mit ihnen verfolgt und gibt es einen ökologischen oder sozialen Mindestschutz?
Die verbleibenden Anlagen des Teilfonds erfolgen in Instrumenten, die zum Finanzziel des Teilfonds passen, und für Liquiditätszwecke in liquiden Mitteln und liquiden Mitteln gleichstehenden Mitteln sowie in Derivaten, die als Anlagen und für eine effiziente Portfolioverwaltung eingesetzt werden können.
Zur Gewährleistung eines Mindestmaßes an Umwelt- und Sozialabsicherungen wendet der Teilfonds die Ausschlusskriterien an.

###### Wurde ein Index als Referenzwert bestimmt, um festzustellen, ob dieses Finanzprodukt auf die beworbenen ökologischen und/oder sozialen Merkmale ausgerichtet ist?
Es wird kein bestimmter Index als Referenzbenchmark angegeben, um festzustellen, ob dieses Finanzprodukt zu den geförderten Umwelt- oder Sozialeigenschaften passt.
Bei den Referenzwerten handelt es sich um Indizes, mit denen gemessen wird, ob das Finanzprodukt die beworbenen ökologischen oder sozialen Merkmale erreicht.
Inwiefern ist der Referenzwert kontinuierlich auf die mit dem Finanzprodukt beworbenen ökologischen und sozialen Merkmale ausgerichtet?
Diese Frage ist hier nicht relevant.
Wie wird die kontinuierliche Ausrichtung der Anlagestrategie auf die Indexmethode sichergestellt?
Diese Frage ist hier nicht relevant.
Wie unterscheidet sich der bestimmte Index von einem relevanten breiten Marktindex?
Diese Frage ist hier nicht relevant.
Wo kann die Methode zur Berechnung des bestimmten Indexes eingesehen werden?
Diese Frage ist hier nicht relevant.

###### 	Wo kann ich im Internet weitere produktspezifische Informationen finden?
Weitere produktspezifische Informationen finden Sie auf der Website: https:/www.fidelity.lu/funds/factsheet/LU1805238398/tab-disclosure#SFDR-disclosure. 
Weitere Informationen zu den hier dargelegten Methoden finden Sie auf der Website: System fürnachhaltiges Investieren (fidelityinternational.com).
Vorvertragliche Informationen zu den in Artikel 8 Absätze 1, 2 und 2a der Verordnung (EU) 2019/2088 und Artikel 6 Absatz 1 der Verordnung (EU) 2020/852 genannten Finanzprodukten
Name des Produkts:	Unternehmenskennung (LEI- Code):
Fidelity Funds - Sustainable Emerging Markets Ex China Fund	2549006CNXYVDUHGWH71

###### Ökologische und/oder soziale Merkmale
| Werden mit diesem Finanzprodukt nachhaltige Investitionen angestrebt? |
| --- |
|  | - Ja
 |  | Nein |
| - Es wird damit ein MindestanteiI an nachhaltigen Investitionen mit einem Umweltziel getätigt:%
	- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie als ökologisch nachhaltig einzustufen sind
	- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie nicht als ökologisch nachhaltig einzustufen sind

- Es wird damit ein Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel getätigt:%
 | Es werden damit ökologische/soziale Merkmale beworben und obwohl keine nachhaltigen Investitionen angestrebt werden, enthält es einen Mindestanteil von 15% an nachhaltigen Investitionen. - mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie als ökologisch nachhaltig einzustufen sindmit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie nicht als ökologisch nachhaltig einzustufen sindmit einem sozialen Ziel
- Es	werden		damit	ökologische/soziale Merkmale	beworben,		aber	keinenachhaltigen Investitionen getätigt.
 |

Welche ökologischen und/ oder sozialen Merkmale werden mit diesem Finanzprodukt beworben?
Mit Nachhaltigkeitsin- dikatoren wird gemessen, inwieweit die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht werden.
Der Teilfonds fördert Umwelt- und Sozialeigenschaften, indem er in Wertpapiere von Emittenten mit guten ESG-Eigenschaften investiert. Gute ESG-Eigenschaften werden anhand von ESG-Ratings ermittelt. ESG-Ratings berücksichtigen Umwelteigenschaften wie CO2-Intensität, CO2-Emissionen, Energieeffizienz, Wasser- und Abfallmanagement und Biodiversität sowie Sozialeigenschaften wie Produktsicherheit, Lieferkette, Gesundheit und Sicherheit sowie Menschenrechte.
Der Teilfonds ist in gewissem Maße bestrebt, nachhaltige Anlagen zu tätigen.
Es wird keine Referenzbenchmark festgelegt, um die geförderten Umwelt- und Sozialeigenschaften zu erreichen.
einzelnen ökologischen oder sozialen Merkmale, die durch dieses Finanzprodukt beworben werden, herangezogen?
Der Teilfonds verwendet die folgenden Nachhaltigkeitsindikatoren, um die Ausprägung der von ihm geförderten Umwelt- oder Sozialeigenschaften zu messen:
- der  Prozentsatz des Teilfonds, der in Wertpapieren von Emittenten mit guten ESG-Eigenschaften im Einklang mit dem System für nachhaltiges Investieren von Fidelity investiert ist;
- in Bezug auf seine Direktanlagen der Prozentsatz des Teilfonds, der in Wertpapiere von Emittenten investiert ist, auf die Ausschlusskriterien (wie unten definiert) zutreffen;
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen investiert ist; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel bei Wirtschaftsaktivitäten investiert ist, die gemäß der EU-Taxonomie nicht als ökologisch nachhaltig gelten; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel investiert ist.

Welches sind die Ziele der nachhaltigen Investitionen, die mit dem
Finanzprodukt teilweise getätigt werden sollen, und wie trägt die nachhaltige Investition zu diesen Zielen bei?
Für den Teilfonds gilt eine Anlage in folgende Emittenten als nachhaltig:
- Emittenten, die wirtschaftliche Tätigkeiten ausüben, die zu einem oder mehreren der in der EU-Taxonomie festgelegten Umweltziele beitragen und gemäß der EU-Taxonomie als ökologisch nachhaltig gelten; oder
- Emittenten, bei denen der Großteil ihrer Geschäftstätigkeit (mehr als 50% des Umsatzes) zu Umwelt- oder Sozialzielen beiträgt, die mit einem oder mehreren der Ziele der Vereinten Nationen für nachhaltige Entwicklung („SDG“) in Einklang stehen; oder
- Emittenten, die ein Dekarbonisierungsziel festgelegt haben, das mit einem Temperaturanstiegsszenario mit 1,5 Grad oder weniger vereinbar ist (überprüft durch die Science Based Target Initiative oder ein Fidelity Proprietary Climate Rating), das als Beitrag zu Umweltzielen angesehen wird;sofern sie keinen wesentlichen Schaden anrichten, Mindestabsicherungen bieten und gute Governance-Kriterien aufweisen.

teilweise getätigt werden sollen, keinem der ökologischen oder sozialen nachhaltigen Anlageziele erheblich schaden?
Nachhaltige Anlagen werden auf ihre Beteiligung an Aktivitäten überprüft, die erheblichen Schaden und Kontroversen verursachen, und durch eine Kontrolle bewertet, ob der Emittent Mindestabsicherungen und -standards hinsichtlich der wichtigsten nachteiligen Auswirkungen (PAI) sowie für die Leistung bei den PAI-Kennzahlen umsetzt bzw. erfüllt. Dazu gehören:
- Normenbasierte Filterkriterien – das Filtern von Wertpapieren, die gemäß den bestehenden (unten beschriebenen) normenbasierten Filterkriterien von Fidelity ermittelt wurden, anhand von:
- aktivitätsbasierten Filterkriterien – das Filtern von Emittenten auf der Grundlage ihrer Beteiligung an Aktivitäten mit erheblichen negativen Auswirkungen auf die Gesellschaft oder die Umwelt, darunter Emittenten, bei denen aufgrund der Filterkriterien für Kontroversen eine„sehr gravierende“ Kontroverse vorliegt, die im Bereich
- Umwelt,
- Menschenrechte und Gemeinschaften,
- Arbeitnehmerrechte und Lieferkette,
- Kunden,
- Governance angesiedelt ist; und anhand von
	- PAI-Indikatoren. Quantitative Daten (sofern verfügbar) zu PAI-Indikatoren werden verwendet, um zu bewerten, ob ein Emittent an Aktivitäten beteiligt ist, die einem Umwelt- oder Sozialziel erheblichen Schaden zufügen.


Bei den wichtigsten nachteiligen Auswirkungen handelt es sich um die bedeutendsten nachteiligen Auswirkungen von Investitionsentscheidun- gen auf NachhaItigkeitsfaktoren in den Bereichen Umwelt, Soziales und Beschäftigung, Achtung der Menschenrechte und Bekämpfung von Korruption und Bestechung.
Wie wurden die Indikatoren für nachteilige Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Für nachhaltige Anlagen, wie oben beschrieben, führt Fidelity eine quantitative Bewertung durch, um Emittenten mit einer problematischen Leistung bei PAI-Indikatoren zu ermitteln. Emittenten mit einer niedrigen Punktzahl kommen nur dann für „nachhaltige Anlagen“ infrage, wenn die Fundamentalresearch von Fidelity feststellt, dass der Emittent nicht gegen die Anforderungen verstößt, „keinen wesentlichen Schaden anrichtet“ oder sich auf einem Weg befindet, um die nachteiligen Auswirkungen durch effektives Management oder einen Übergang abzumildern.
Wie stehen die nachhaltigen Investitionen mit den OECD-Leitsätzen für multinationale Unternehmen und den Leitprinzipien der Vereinten Nationen für Wirtschaft und
Menschenrechte in Einklang? Nähere Angaben:
Es werden normenbasierte Filterkriterien angewendet: Emittenten, bei denen festgestellt wurde, dass sie sich nicht in einer Weise verhalten, die ihrer grundlegenden Verantwortung in den Bereichen Menschenrechte, Arbeit, Umwelt und Korruptionsbekämpfung im Einklang mit internationalen Normen gerecht wird, darunter denjenigen, die in den OECD-Leitsätzen für multinationale Unternehmen, den Leitprinzipien der Vereinten Nationen für Wirtschaft und Menschenrechte, dem UN Global Compact (UNGC) und den IAO-Standards der Internationalen Arbeitsorganisation (ILO) festgelegt sind, kommen für nachhaltige Investitionen nicht infrage.
In der EU-Taxonomie ist der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" festgelegt, nach dem taxonomiekonforme Investitionen die Ziele der EU-Taxonomie nicht erheblich beeinträchtigen dürfen, und es sind spezifische EU-Kriterien beigefügt. Der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" findet nur bei denjenigen dem Finanzprodukt zugrunde liegenden Investitionen Anwendung, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten berücksichtigen. Die dem verbleibenden Teil dieses  Finanzprodukts zugrunde  liegenden Investitionen berücksichtigen nicht die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten. Alle anderen nachhaltigen Investitionen dürfen ökologische oder soziale Ziele ebenfalls nicht erheblich beeinträchtigen.

###### Werden bei diesem Finanzprodukt die wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Ja
- NeinDie wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren werden mit Hilfe einer Vielzahl von Instrumenten berücksichtigt und in Anlageentscheidungen einbezogen. Hierzu zählen:
- Due Diligence – Analyse, ob die wichtigsten nachteiligen Auswirkungen (PAI) wesentlich und negativ sind.
- ESG-Rating – Fidelity bezieht sich auf ESG-Ratings, die wesentliche nachteilige Auswirkungen wie CO2-Emissionen, Mitarbeitersicherheit, Bestechung und Korruption sowie Wassermanagement berücksichtigen, und bei den von Staaten ausgegebenen Wertpapieren berücksichtigen die verwendeten Ratings wichtige nachteilige Auswirkungen (PAI) wie CO2-Emissionen, Sozialverstöße und die Meinungsfreiheit.
- Ausschlusskriterien – Bei Direktanlagen in Unternehmen als Emittenten wendet der Teilfonds die (unten definierten) Ausschlusskriterien an, um die wichtigsten nachteiligen Auswirkungen abzumildern. Dazu schließt er schädliche Sektoren aus und verbietet Investitionen in Emittenten, die gegen internationale Standards wie den UNGC verstoßen.
- Mitwirkung – Fidelity nutzt Mitwirkung als ein Instrument, um die wichtigsten nachteiligen Auswirkungen besser zu verstehen und sich unter bestimmten Umständen für die Abmilderung der wichtigsten nachteiligen Auswirkungen einzusetzen. Fidelity beteiligt sich an relevanten individuellen und kollaborativen Arten der Mitwirkung, die auf eine Reihe von wichtigen negativen Auswirkungen abzielen (z. B. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Abstimmungsverhalten – Die Abstimmungspolitik von Fidelity umfasst bei Unternehmen als Emittenten explizite Mindeststandards für die Geschlechtervielfalt im Aufsichtsrat und die Auseinandersetzung mit dem Klimawandel. Fidelity kann auch auf eine Weise abstimmen, dass die wichtigsten nachteiligen Auswirkungen abgemildert werden.
- Vierteljährliche Überprüfungen – Überwachung der wichtigsten nachteiligen Auswirkungen (PAI) durch den vierteljährlichen Überprüfungsprozess des Teilfonds.

Wenn es um die Frage geht, ob Investitionen eine wesentliche nachteilige Auswirkung haben, berücksichtigt Fidelity für jeden Nachhaltigkeitsfaktor spezifische Indikatoren. Diese Indikatoren hängen von der Datenverfügbarkeit ab und können sich mit zunehmender Datenqualität und
-verfügbarkeit weiterentwickeln.
Informationen über die wichtigsten nachteiligen Auswirkungen werden im Jahresbericht des Teilfonds zur Verfügung gestellt.

###### Welche Anlagestrategie wird mit diesem Finanzprodukt verfolgt?
Die Anlagestrategie dient aIs Richtschnur für Investitionsentscheidun- gen, wobei bestimmte Kriterien wie beispielsweise Investitionsziele oder Risikotoleranz
berücksichtigt werden.
Der Teilfonds gehört zur Familie der Fidelity Nachhaltigkeitsfonds und verfolgt eine auf Nachhaltigkeit ausgerichtete Strategie, nach der mindestens 70% des Nettovermögens des Teilfonds in Wertpapiere investiert werden, die gute ESG-Eigenschaften aufweisen.
Ob ESG-Eigenschaften gut sind, wird anhand von ESG-Ratings externer Agenturen und von Fidelity ESG-Ratings ermittelt.
Emittenten, deren Rating sie für die Zwecke des Primärziels (mindestens 70% des Vermögens) als ungeeignet zur Einstufung als Unternehmen mit guten ESG-Eigenschaften erscheinen lässt, können im Umfang von bis zu 30% des Nettovermögens aufgenommen werden, sofern sie nachweisen können, dass sie sich hinsichtlich ihrer ESG-Eigenschaften auf dem Weg der Besserung befinden.
Das durchschnittliche ESG-Rating des Teilfonds wird das durchschnittliche ESG-Rating des Anlageuniversums, (für die Zwecke dieser Berechnung) repräsentiert durch den MSCI Emerging Markets ex China Index (der „Index“), nach Ausschluss von 20% der Index-Vermögenswerte mit den niedrigsten ESG-Ratings übersteigen.
Innerhalb dieses Anlageuniversums wählt der Investmentmanager Aktien mit Hilfe rigoroser Bottom-up-Finanzanalysen und -bewertungen aus, um Aktien mit einem Potenzial für hohe Anlagerenditen auszuwählen.
In Bezug auf seine Direktanlagen berücksichtigt der Teilfonds:
- eine unternehmensweite Ausschlussliste, die Streumunition und Antipersonenminen umfasst, und
- eine prinzipienbasierte Ausschlussrichtlinie, die Folgendes beinhaltet:
	- eine normenbasierte Filterung von Emittenten, die nach Auffassung des Investmentmanagers ihre Geschäfte nicht in Übereinstimmung mit internationalen Normen, darunter denen des UNGC, geführt haben; und
	- ein Filterkriterium, durch das bestimmte Sektoren, Emittenten oder Praktiken auf der Grundlage konkreter ESG-Kriterien ausgeschlossen werden können, wobei für diese Kriterien möglicherweise auch Umsatzschwellen angewendet werden.


Die oben genannten Ausschluss- und Filterkriterien (die „Ausschlusskriterien“) werden möglicherweise von Zeit zu Zeit aktualisiert. Weitere Informationen erhalten Sie auf der Website Sustainable investing framework (fidelityinternational.com).
Es steht zudem im Ermessen des Investmentmanagers, von Zeit zu Zeit erweiterte, strengere Nachhaltigkeitsanforderungen und Ausschlusskriterien anzuwenden.
Worin bestehen die verbindlichen Elemente der Anlagestrategie, die für die Auswahl der Investitionen zur Erfüllung der beworbenen ökologischen oder sozialen Ziele verwendet werden?
Der Teilfonds investiert:
- mindestens 70% seines Vermögens in Emittenten mit guten ESG-Eigenschaften; und
- mindestens 15% in nachhaltige Anlagen, von denen mindestens 0% ein Umweltziel verfolgen, das sich an der EU-Taxonomie orientiert, mindestens 1% ein Umweltziel, das sich nicht an der EU-Taxonomie orientiert, und mindestens 1% ein Sozialziel.

Der Teilfonds bewertet die ESG-Eigenschaften von mindestens 90% seines Vermögens. Das durchschnittliche ESG-Rating des Teilfonds wird das durchschnittliche ESG-Rating des Anlageuniversums, repräsentiert durch den Index (wie oben definiert), nach Ausschluss von 20% der Index-Vermögenswerte mit den niedrigsten ESG-Ratings übersteigen.
Darüber hinaus wird der Teilfonds die Ausschlusskriterien, wie oben beschrieben, systematisch anwenden.
Um welchen Mindestsatz wird der Umfang der vor der Anwendung dieser Anlagestrategie in Betracht gezogenen Investitionen reduziert?
Diese Frage ist hier nicht relevant.
Die Verfahrensweisen einer guten
Unternehmensführung umfassen solide Managementstrukturen, die Beziehungen zu den Arbeitnehmern, die Vergütung von Mitarbeitern sowie die Einhaltung der Steuervorschriften.
Wie werden die Verfahrensweisen einer guten Unternehmensführung der Unternehmen, in die investiert wird, bewertet?
Die Governance-Praktiken der Emittenten werden anhand von Fundamentalresearch bewertet, darunter im Rahmen der von externen Agenturen und Fidelity bereitgestellten ESG-Ratings.
Zu den wichtigsten der analysierten Fragen gehören die Erfolgsbilanz hinsichtlich: Kapitalallokation, finanzieller Transparenz, Transaktionen mit nahestehenden Unternehmen und Personen, Unabhängigkeit und Größe des Vorstands, Vergütung von Führungskräften, Wirtschaftsprüfung und interner Revision, Rechte der Minderheitsaktionäre und anderer Indikatoren. Für staatliche Emittenten werden Faktoren wie Korruption und Meinungsfreiheit einbezogen.

###### Welche Vermögensallokation ist für dieses Finanzprodukt geplant?
Die Vermögensallokation gibt den jeweiligen Anteil der Investitionen in bestimmte Vermögenswerte an.
Taxonomiekonforme Tätigkeiten, ausgedrückt durch den Anteil der:
- Umsatzerlöse, die den Anteil der Einnahmen aus umweltfreundlichenAktivitäten der Unternehmen, in die investiert wird, widerspiegeln
- Investitionsausgaben (CapEx), die die umweltfreundlichen Investitionen der Unternehmen, in die investiert wird, aufzeigen,z.B. für den Übergang zu einer grünen Wirtschaft- Betriebsausgaben (OpEx), die die umweltfreundlichenbetrieblichen Aktivitäten der Unternehmen, in die investiert wird, widerspiegeln(#1 Ausgerichtet an E/S-Eigenschaften) Der Teilfonds investiert:
- mindestens 70% seines	Vermögens	in	Wertpapiere	von	Emittenten	mit	guten ESG-Eigenschaften,
- mindestens 15% seines Vermögens in nachhaltige (#1A nachhaltig) Anlagen, von denen mindestens 0% ein Umweltziel verfolgen (das an der EU-Taxonomie ausgerichtet ist), mindestens 1% ein Umweltziel haben (das nicht an der EU-Taxonomie ausgerichtet ist) und mindestens 1% ein Sozialziel haben. Die übrigen nachhaltigen Anlagen des Teilfonds können ein Umwelt- oder Sozialziel verfolgen.

Sonstige Umweltziele 1%
(#1B Sonstige E/S-Eigenschaften) Umfasst Wertpapiere von Emittenten mit guten ESG-Eigenschaften, die aber keine nachhaltigen Anlagen sind.
#1A Nachhaltige
Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale
70%
Investitionen 15%
#1B Andere ökologische oder soziale Merkmale
Soziales 1%
#2 Andere Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst Investitionen des Finanzprodukts, die zur Erreichung der beworbenen ökologischen oder sozialen Merkmale getätigt wurden.
#2 Andere Investitionen umfasst die übrigen Investitionen des Finanzprodukts, die weder auf ökologische oder soziale Merkmale ausgerichtet sind noch als nachhaltige Investitionen eingestuft werden.
Die Kategorie #1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst folgende Unterkategorien:
Die Unterkategorie #1A Nachhaltige Investitionen umfasst nachhaltige Investitionen mit ökologischen oder sozialen Zielen.
Die Unterkategorie #1B Andere ökologische oder soziale Merkmale umfasst Investitionen, die auf ökologische oder soziale Merkmale ausgerichtet sind, aber nicht als nachhaltige Investitionen eingestuft werden.
Inwiefern werden durch den Einsatz von Derivaten die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht?
Wenn das einem Derivat zugrunde liegende Wertpapier im Einklang mit dem System für nachhaltiges Investieren von Fidelity gute ESG-Eigenschaften aufweist, darf das Derivat zur Feststellung des Teilfondsanteils berücksichtigt werden, der Umwelt- oder Sozialeigenschaften fördert.
In welchem Mindestmaß sind nachhaltige Investitionen mit einem Umweltziel mit der EU-Taxonomie konform?
Der Teilfonds investiert mindestens 0% in nachhaltige Anlagen mit einem Umweltziel, die mit der EU-Taxonomie konform sind.
Die Konformität der Anlagen des Teilfonds mit der EU-Taxonomie wird nicht durch Wirtschaftsprüfer oder mittels einer Überprüfung durch Dritte sichergestellt.
Die Ausrichtung der zugrunde liegenden Anlagen des Teilfonds an der EU-Taxonomie wird anhand des Umsatzes gemessen.
Investiert das Finanzprodukt in Aktivitäten im Zusammenhang mit fossilem Gas und/oder Kernenergie, die der EU-Taxonomie¹ entsprechen?
- JaNein
- In fossiles Gas	In KernenergieWie hoch ist der Mindestanteil der Investitionen in Übergangstätigkeiten und ermöglichende Tätigkeiten?

Der Teilfonds investiert mindestens 0% in Übergangstätigkeiten und ermöglichende Tätigkeiten.
Wie hoch ist der Mindestanteil nachhaltiger Investitionen mit einem Umweltziel, die nicht mit der EU-Taxonomie konform sind?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Umweltziel, das nicht mit der EU-Taxonomie konform ist.
Die Anlagen können zwar mit der EU-Taxonomie konform sein, aber der Investmentmanager ist derzeit nicht in der Lage, den genauen Anteil der Anlagen des Teilfonds anzugeben, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftstätigkeiten berücksichtigen. Die Position wird jedoch weiterhin überprüft, wenn die zugrunde liegenden Regeln festgelegt sind und im Laufe der Zeit mehr zuverlässige Daten zur Verfügung stehen.
¹ Tätigkeiten im Bereich fossiles Gas und/oder Kernenergie sind nur dann EU-taxonomiekonform, wenn sie zur Eindämmung des Klimawandels („Klimaschutz“) beitragen und kein Ziel der EU-Taxonomie erheblich beeinträchtigen – siehe Erläuterung am linken Rand. Die vollständigen Kriterien für EU-taxonomiekonforme Wirtschaftstätigkeiten im Bereich fossiles Gas und Kernenergie sind in der Delegierten Verordnung (EU) 2022/1214 der Kommission festgelegt.
Wie hoch ist der Mindestanteil der sozial nachhaltigen Investitionen?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Sozialziel.
Welche Investitionen fallen unter ,,#2 Andere Investitionen", welcher Anlagezweck wird mit ihnen verfolgt und gibt es einen ökologischen oder sozialen Mindestschutz?
Die verbleibenden Anlagen des Teilfonds können in Wertpapieren von Emittenten erfolgen, die nachweisen können, dass sie sich in Bezug auf ihre ESG-Eigenschaften auf einem Kurs der Verbesserung befinden, und für Liquiditätszwecke in liquiden Mitteln und liquiden Mitteln gleichstehenden Mitteln sowie in Derivaten, die als Anlagen und für ein effizientes Portfoliomanagement eingesetzt werden können.
Zur Gewährleistung eines Mindestmaßes an Umwelt- und Sozialabsicherungen wendet der Teilfonds die Ausschlusskriterien an.

###### Wurde ein Index als Referenzwert bestimmt, um festzustellen, ob dieses Finanzprodukt auf die beworbenen ökologischen und/oder sozialen Merkmale ausgerichtet ist?
Es wird kein bestimmter Index als Referenzbenchmark angegeben, um festzustellen, ob dieses Finanzprodukt zu den geförderten Umwelt- oder Sozialeigenschaften passt.
Bei den Referenzwerten handelt es sich um Indizes, mit denen gemessen wird, ob das Finanzprodukt die beworbenen ökologischen oder sozialen Merkmale erreicht.
Inwiefern ist der Referenzwert kontinuierlich auf die mit dem Finanzprodukt beworbenen ökologischen und sozialen Merkmale ausgerichtet?
Diese Frage ist hier nicht relevant.
Wie wird die kontinuierliche Ausrichtung der Anlagestrategie auf die Indexmethode sichergestellt?
Diese Frage ist hier nicht relevant.
Wie unterscheidet sich der bestimmte Index von einem relevanten breiten Marktindex?
Diese Frage ist hier nicht relevant.
Wo kann die Methode zur Berechnung des bestimmten Indexes eingesehen werden?
Diese Frage ist hier nicht relevant.

###### 	Wo kann ich im Internet weitere produktspezifische Informationen finden?
Weitere produktspezifische Informationen finden Sie auf der Website: https:/www.fidelity.lu/funds/factsheet/LU2546391173/tab-disclosure#SFDR-disclosure. 
Weitere Informationen zu den hier dargelegten Methoden finden Sie auf der Website: System fürnachhaltiges Investieren (fidelityinternational.com).
Vorvertragliche Informationen zu den in Artikel 8 Absätze 1, 2 und 2a der Verordnung (EU) 2019/2088 und Artikel 6 Absatz 1 der Verordnung (EU) 2020/852 genannten Finanzprodukten
Name des Produkts:	Unternehmenskennung (LEI- Code):
Fidelity Funds - Sustainable Emerging Markets Equity Fund	222100CGA9DFT3O9JH40

###### Ökologische und/oder soziale Merkmale
| Werden mit diesem Finanzprodukt nachhaltige Investitionen angestrebt? |
| --- |
|  | - Ja
 |  | Nein |
| - Es wird damit ein MindestanteiI an nachhaltigen Investitionen mit einem Umweltziel getätigt:%
	- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie als ökologisch nachhaltig einzustufen sind
	- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie nicht als ökologisch nachhaltig einzustufen sind

- Es wird damit ein Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel getätigt:%
 | Es werden damit ökologische/soziale Merkmale beworben und obwohl keine nachhaltigen Investitionen angestrebt werden, enthält es einen Mindestanteil von 30% an nachhaltigen Investitionen. - mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie als ökologisch nachhaltig einzustufen sindmit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie nicht als ökologisch nachhaltig einzustufen sindmit einem sozialen Ziel
- Es	werden		damit	ökologische/soziale Merkmale	beworben,		aber	keinenachhaltigen Investitionen getätigt.
 |

Welche ökologischen und/ oder sozialen Merkmale werden mit diesem Finanzprodukt beworben?
Mit Nachhaltigkeitsin- dikatoren wird gemessen, inwieweit die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht werden.
Der Teilfonds fördert Umwelt- und Sozialeigenschaften, indem er in Wertpapiere von Emittenten mit guten ESG-Eigenschaften investiert. Gute ESG-Eigenschaften werden anhand von ESG-Ratings ermittelt. ESG-Ratings berücksichtigen Umwelteigenschaften wie CO2-Intensität, CO2-Emissionen, Energieeffizienz, Wasser- und Abfallmanagement und Biodiversität sowie Sozialeigenschaften wie Produktsicherheit, Lieferkette, Gesundheit und Sicherheit sowie Menschenrechte.
Der Teilfonds ist in gewissem Maße bestrebt, nachhaltige Anlagen zu tätigen.
Es wird keine Referenzbenchmark festgelegt, um die geförderten Umwelt- und Sozialeigenschaften zu erreichen.
einzelnen ökologischen oder sozialen Merkmale, die durch dieses Finanzprodukt beworben werden, herangezogen?
Der Teilfonds verwendet die folgenden Nachhaltigkeitsindikatoren, um die Ausprägung der von ihm geförderten Umwelt- oder Sozialeigenschaften zu messen:
- der  Prozentsatz des Teilfonds, der in Wertpapieren von Emittenten mit guten ESG-Eigenschaften im Einklang mit dem System für nachhaltiges Investieren von Fidelity investiert ist;
- in Bezug auf seine Direktanlagen der Prozentsatz des Teilfonds, der in Wertpapiere von Emittenten investiert ist, auf die Ausschlusskriterien (wie unten definiert) zutreffen;
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen investiert ist; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel bei Wirtschaftsaktivitäten investiert ist, die gemäß der EU-Taxonomie nicht als ökologisch nachhaltig gelten; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel investiert ist.

Welches sind die Ziele der nachhaltigen Investitionen, die mit dem
Finanzprodukt teilweise getätigt werden sollen, und wie trägt die nachhaltige Investition zu diesen Zielen bei?
Der Teilfonds ermittelt wie folgt, ob eine Anlage nachhaltig ist:
- Emittenten, die wirtschaftliche Tätigkeiten ausüben, die zu einem oder mehreren der in der EU-Taxonomie festgelegten Umweltziele beitragen und gemäß der EU-Taxonomie als ökologisch nachhaltig gelten; oder
- Emittenten, bei denen der Großteil ihrer Geschäftstätigkeit (mehr als 50% des Umsatzes) zu Umwelt- oder Sozialzielen beiträgt, die mit einem oder mehreren der Ziele der Vereinten Nationen für nachhaltige Entwicklung („SDG“) in Einklang stehen; oder
- Emittenten, die ein Dekarbonisierungsziel festgelegt haben, das mit einem Temperaturanstiegsszenario mit 1,5 Grad oder weniger vereinbar ist (überprüft durch die Science Based Target Initiative oder ein Fidelity Proprietary Climate Rating), das als Beitrag zu Umweltzielen angesehen wird;sofern sie keinen wesentlichen Schaden anrichten, Mindestabsicherungen bieten und gute Governance-Kriterien aufweisen.

teilweise getätigt werden sollen, keinem der ökologischen oder sozialen nachhaltigen Anlageziele erheblich schaden?
Nachhaltige Anlagen werden auf ihre Beteiligung an Aktivitäten überprüft, die erheblichen Schaden und Kontroversen verursachen, und durch eine Kontrolle bewertet, ob der Emittent Mindestabsicherungen und -standards hinsichtlich der wichtigsten nachteiligen Auswirkungen (PAI) sowie die Leistung bei den PAI-Kennzahlen umsetzt bzw. erfüllt. Dazu gehören:
- Normenbasierte Filterkriterien – das Filtern von Wertpapieren, die gemäß den bestehenden (unten beschriebenen) normenbasierten Filterkriterien von Fidelity ermittelt wurden, anhand von:
- aktivitätsbasierten Filterkriterien – das Filtern von Emittenten auf der Grundlage ihrer Beteiligung an Aktivitäten mit erheblichen negativen Auswirkungen auf die Gesellschaft oder die Umwelt, darunter Emittenten, bei denen aufgrund der Filterkriterien für Kontroversen eine„sehr gravierende“ Kontroverse vorliegt, die im Bereich
- Umwelt,
- Menschenrechte und Gemeinschaften,
- Arbeitnehmerrechte und Lieferkette,
- Kunden,
- Governance angesiedelt ist; und anhand von
	- PAI-Indikatoren. Quantitative Daten (sofern verfügbar) zu PAI-Indikatoren werden verwendet, um zu bewerten, ob ein Emittent an Aktivitäten beteiligt ist, die einem Umwelt- oder Sozialziel erheblichen Schaden zufügen.


Bei den wichtigsten nachteiligen Auswirkungen handelt es sich um die bedeutendsten nachteiligen Auswirkungen von Investitionsentscheidun- gen auf NachhaItigkeitsfaktoren in den Bereichen Umwelt, Soziales und Beschäftigung, Achtung der Menschenrechte und Bekämpfung von Korruption und Bestechung.
Wie wurden die Indikatoren für nachteilige Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Für nachhaltige Anlagen, wie oben beschrieben, führt Fidelity eine quantitative Bewertung  durch,  um  Unternehmen  mit  einer  problematischen  Leistung  bei PAI-Indikatoren zu ermitteln. Emittenten mit einer niedrigen Punktzahl kommen nur dann für „nachhaltige Anlagen“ infrage, wenn die Fundamentalresearch von Fidelity feststellt, dass der Emittent nicht gegen die Anforderungen verstößt, „keinen wesentlichen Schaden anrichtet“ oder sich auf einem Weg befindet, um die nachteiligen Auswirkungen durch effektives Management oder einen Übergang abzumildern.
Wie stehen die nachhaltigen Investitionen mit den OECD-Leitsätzen für multinationale Unternehmen und den Leitprinzipien der Vereinten Nationen für Wirtschaft und
Menschenrechte in Einklang? Nähere Angaben:
Es werden normenbasierte Filterkriterien angewendet: Emittenten, bei denen festgestellt wurde, dass sie sich nicht in einer Weise verhalten, die ihrer grundlegenden Verantwortung in den Bereichen Menschenrechte, Arbeit, Umwelt und Korruptionsbekämpfung im Einklang mit internationalen Normen gerecht wird, darunter denjenigen, die in den OECD-Leitsätzen für multinationale Unternehmen, den Leitprinzipien der Vereinten Nationen für Wirtschaft und Menschenrechte, dem UN Global Compact (UNGC) und den IAO-Standards der Internationalen Arbeitsorganisation (ILO) festgelegt sind, kommen für nachhaltige Investitionen nicht infrage.
In der EU-Taxonomie ist der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" festgelegt, nach dem taxonomiekonforme Investitionen die Ziele der EU-Taxonomie nicht erheblich beeinträchtigen dürfen, und es sind spezifische EU-Kriterien beigefügt. Der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" findet nur bei denjenigen dem Finanzprodukt zugrunde liegenden Investitionen Anwendung, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten berücksichtigen. Die dem verbleibenden Teil dieses  Finanzprodukts zugrunde  liegenden Investitionen berücksichtigen nicht die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten. Alle anderen nachhaltigen Investitionen dürfen ökologische oder soziale Ziele ebenfalls nicht erheblich beeinträchtigen.

###### Werden bei diesem Finanzprodukt die wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Ja
- NeinDie wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren werden mit Hilfe einer Vielzahl von Instrumenten berücksichtigt und in Anlageentscheidungen einbezogen. Hierzu zählen:
- Due Diligence – Analyse, ob die wichtigsten nachteiligen Auswirkungen (PAI) wesentlich und negativ sind.
- ESG-Rating – Fidelity bezieht sich auf ESG-Ratings, die wesentliche nachteilige Auswirkungen wie CO2-Emissionen, Mitarbeitersicherheit, Bestechung und Korruption sowie Wassermanagement berücksichtigen, und bei den von Staaten ausgegebenen Wertpapieren berücksichtigen die verwendeten Ratings wichtige nachteilige Auswirkungen (PAI) wie CO2-Emissionen, Sozialverstöße und die Meinungsfreiheit.
- Ausschlusskriterien – Bei Direktanlagen in Unternehmen als Emittenten wendet der Teilfonds die (unten definierten) Ausschlusskriterien an, um die wichtigsten nachteiligen Auswirkungen abzumildern. Dazu schließt er schädliche Sektoren aus und verbietet Investitionen in Emittenten, die gegen internationale Standards wie den UNGC verstoßen.
- Mitwirkung – Fidelity nutzt Mitwirkung als ein Instrument, um die wichtigsten nachteiligen Auswirkungen besser zu verstehen und sich unter bestimmten Umständen für die Abmilderung der wichtigsten nachteiligen Auswirkungen einzusetzen. Fidelity beteiligt sich an relevanten individuellen und kollaborativen Arten der Mitwirkung, die auf eine Reihe von wichtigen negativen Auswirkungen abzielen (z. B. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Abstimmungsverhalten – Die Abstimmungspolitik von Fidelity umfasst bei Unternehmen als Emittenten explizite Mindeststandards für die Geschlechtervielfalt im Aufsichtsrat und die Auseinandersetzung mit dem Klimawandel. Fidelity kann auch auf eine Weise abstimmen, dass die wichtigsten nachteiligen Auswirkungen abgemildert werden.
- Vierteljährliche Überprüfungen – Überwachung der wichtigsten nachteiligen Auswirkungen (PAI) durch den vierteljährlichen Überprüfungsprozess des Teilfonds.

Wenn es um die Frage geht, ob Investitionen eine wesentliche nachteilige Auswirkung haben, berücksichtigt Fidelity für jeden Nachhaltigkeitsfaktor spezifische Indikatoren. Diese Indikatoren hängen von der Datenverfügbarkeit ab und können sich mit zunehmender Datenqualität und
-verfügbarkeit weiterentwickeln.
Informationen über die wichtigsten nachteiligen Auswirkungen werden im Jahresbericht des Teilfonds zur Verfügung gestellt.

###### Welche Anlagestrategie wird mit diesem Finanzprodukt verfolgt?
Die Anlagestrategie dient aIs Richtschnur für Investitionsentscheidun- gen, wobei bestimmte Kriterien wie beispielsweise Investitionsziele oder Risikotoleranz
berücksichtigt werden.
Der Teilfonds gehört zur Familie der Fidelity Nachhaltigkeitsfonds und verfolgt eine auf Nachhaltigkeit ausgerichtete Strategie, nach der mindestens 70% des Nettovermögens des Teilfonds in Wertpapiere investiert werden, die gute ESG-Eigenschaften aufweisen.
Ob ESG-Eigenschaften gut sind, wird anhand von ESG-Ratings externer Agenturen und von Fidelity ESG-Ratings ermittelt.
Emittenten, deren Rating sie für die Zwecke des Primärziels (mindestens 70% des Vermögens) als ungeeignet zur Einstufung als Unternehmen mit guten ESG-Eigenschaften erscheinen lässt, können im Umfang von bis zu 30% des Nettovermögens aufgenommen werden, sofern sie nachweisen können, dass sie sich hinsichtlich ihrer ESG-Eigenschaften auf dem Weg der Besserung befinden.
Das durchschnittliche ESG-Rating des Teilfonds wird das durchschnittliche ESG-Rating des Anlageuniversums, (für die Zwecke dieser Berechnung) repräsentiert durch den MSCI Emerging Markets Index (der „Index“), nach Ausschluss von 20% der Index-Vermögenswerte mit den niedrigsten ESG-Ratings übersteigen.
Innerhalb dieses Anlageuniversums wählt der Investmentmanager Aktien mit Hilfe rigoroser Bottom-up-Finanzanalysen und -bewertungen aus, um Aktien mit einem Potenzial für hohe Anlagerenditen auszuwählen.
In Bezug auf seine Direktanlagen berücksichtigt der Teilfonds:
- eine unternehmensweite Ausschlussliste, die Streumunition und Antipersonenminen umfasst, und
- eine prinzipienbasierte Ausschlussrichtlinie, die Folgendes beinhaltet:
	- eine normenbasierte Filterung von Emittenten, die nach Auffassung des Investmentmanagers ihre Geschäfte nicht in Übereinstimmung mit internationalen Normen, darunter denen des UNGC, geführt haben; und
	- ein Filterkriterium, durch das bestimmte Sektoren, Emittenten oder Praktiken auf der Grundlage konkreter ESG-Kriterien ausgeschlossen werden können, wobei für diese Kriterien möglicherweise auch Umsatzschwellen angewendet werden.


Die oben genannten Ausschluss- und Filterkriterien (die „Ausschlusskriterien“) werden möglicherweise von Zeit zu Zeit aktualisiert. Weitere Informationen erhalten Sie auf der Website Sustainable investing framework (fidelityinternational.com).
Es steht zudem im Ermessen des Investmentmanagers, von Zeit zu Zeit erweiterte, strengere Nachhaltigkeitsanforderungen und Ausschlusskriterien anzuwenden.
Worin bestehen die verbindlichen Elemente der Anlagestrategie, die für die Auswahl der Investitionen zur Erfüllung der beworbenen ökologischen oder sozialen Ziele verwendet werden?
Der Teilfonds investiert:
- mindestens 70% seines Vermögens in Emittenten mit guten ESG-Eigenschaften;
- mindestens 30% in nachhaltige Anlagen, von denen mindestens 0% ein Umweltziel verfolgen, das sich an der EU-Taxonomie orientiert, mindestens 5% ein Umweltziel, das sich nicht an der EU-Taxonomie orientiert, und mindestens 10% ein Sozialziel.

Der Teilfonds bewertet die ESG-Eigenschaften von mindestens 90% seines Vermögens. Das durchschnittliche ESG-Rating des Teilfonds wird das durchschnittliche ESG-Rating des Anlageuniversums, repräsentiert durch den Index (wie oben definiert), nach Ausschluss von 20% der Index-Vermögenswerte mit den niedrigsten ESG-Ratings übersteigen.
Darüber hinaus wird der Teilfonds die oben beschriebenen Ausschlusskriterien wie oben beschrieben auf Direktanlagen anwenden.
Um welchen Mindestsatz wird der Umfang der vor der Anwendung dieser Anlagestrategie in Betracht gezogenen Investitionen reduziert?
Diese Frage ist hier nicht relevant.
Die Verfahrensweisen einer guten
Unternehmensführung umfassen solide Managementstrukturen, die Beziehungen zu den Arbeitnehmern, die Vergütung von Mitarbeitern sowie die Einhaltung der Steuervorschriften.
Wie werden die Verfahrensweisen einer guten Unternehmensführung der Unternehmen, in die investiert wird, bewertet?
Die Governance-Praktiken der Emittenten werden anhand von Fundamentalresearch bewertet, die Fidelity ESG-Ratings sowie Daten zu Kontroversen und Verstößen gegen den UN Global Compact berücksichtigt.
Zu den wichtigsten Punkten, die analysiert werden, gehören unter anderem die Erfolgsbilanz der Kapitalallokation, die finanzielle Transparenz, Transaktionen mit nahestehenden Parteien, die Unabhängigkeit und Größe des Vorstands, die Vergütung der Führungskräfte, die Abschlussprüfer und die interne Aufsicht sowie die Rechte der Minderheitsanteilinhaber.

###### Welche Vermögensallokation ist für dieses Finanzprodukt geplant?
Die Vermögensallokation gibt den jeweiligen Anteil der Investitionen in bestimmte Vermögenswerte an.
Taxonomiekonforme Tätigkeiten, ausgedrückt durch den Anteil der:
- Umsatzerlöse, die den Anteil der Einnahmen aus umweltfreundlichenAktivitäten der Unternehmen, in die investiert wird, widerspiegeln
- Investitionsausgaben (CapEx), die die umweltfreundlichen Investitionen der Unternehmen, in die investiert wird, aufzeigen,z.B. für den Übergang zu einer grünen Wirtschaft- Betriebsausgaben (OpEx), die die umweltfreundlichenbetrieblichen Aktivitäten der Unternehmen, in die investiert wird, widerspiegeln(#1 Ausgerichtet an E/S-Eigenschaften) Der Teilfonds investiert:
- mindestens 70% seines	Vermögens	in	Wertpapiere	von	Emittenten	mit	guten ESG-Eigenschaften,
- mindestens 30% seines Vermögens in nachhaltige (#1A nachhaltig) Anlagen, von denen mindestens 0% ein Umweltziel verfolgen (das an der EU-Taxonomie ausgerichtet ist), mindestens 5% ein Umweltziel haben (das nicht an der EU-Taxonomie ausgerichtet ist) und mindestens 10% ein Sozialziel haben. Die übrigen nachhaltigen Anlagen des Teilfonds können ein Umwelt- oder Sozialziel verfolgen.

Sonstige Umweltziele 5%
(#1B Sonstige E/S-Eigenschaften) Umfasst Wertpapiere von Emittenten mit guten ESG-Eigenschaften, die aber keine nachhaltigen Anlagen sind.
#1A Nachhaltige
Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale
70%
Investitionen 30%
#1B Andere ökologische oder soziale Merkmale
Soziales 10%
#2 Andere Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst Investitionen des Finanzprodukts, die zur Erreichung der beworbenen ökologischen oder sozialen Merkmale getätigt wurden.
#2 Andere Investitionen umfasst die übrigen Investitionen des Finanzprodukts, die weder auf ökologische oder soziale Merkmale ausgerichtet sind noch als nachhaltige Investitionen eingestuft werden.
Die Kategorie #1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst folgende Unterkategorien:
Die Unterkategorie #1A Nachhaltige Investitionen umfasst nachhaltige Investitionen mit ökologischen oder sozialen Zielen.
Die Unterkategorie #1B Andere ökologische oder soziale Merkmale umfasst Investitionen, die auf ökologische oder soziale Merkmale ausgerichtet sind, aber nicht als nachhaltige Investitionen eingestuft werden.
Inwiefern werden durch den Einsatz von Derivaten die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht?
Wenn das einem Derivat zugrunde liegende Wertpapier im Einklang mit dem System für nachhaltiges Investieren von Fidelity gute ESG-Eigenschaften aufweist, darf das Derivat zur Feststellung des Teilfondsanteils berücksichtigt werden, der Umwelt- oder Sozialeigenschaften fördert.
In welchem Mindestmaß sind nachhaltige Investitionen mit einem Umweltziel mit der EU-Taxonomie konform?
Der Teilfonds investiert mindestens 0% in nachhaltige Anlagen mit einem Umweltziel, die mit der EU-Taxonomie konform sind.
Die Konformität der Anlagen des Teilfonds mit der EU-Taxonomie wird nicht durch Wirtschaftsprüfer oder mittels einer Überprüfung durch Dritte sichergestellt.
Die Ausrichtung der zugrunde liegenden Anlagen des Teilfonds an der EU-Taxonomie wird anhand des Umsatzes gemessen.
Investiert das Finanzprodukt in Aktivitäten im Zusammenhang mit fossilem Gas und/oder Kernenergie, die der EU-Taxonomie¹ entsprechen?
- JaNein
- In fossiles Gas	In KernenergieWie hoch ist der Mindestanteil der Investitionen in Übergangstätigkeiten und ermöglichende Tätigkeiten?

Der Teilfonds investiert mindestens 0% in Übergangstätigkeiten und ermöglichende Tätigkeiten.
Wie hoch ist der Mindestanteil nachhaltiger Investitionen mit einem Umweltziel, die nicht mit der EU-Taxonomie konform sind?
Der Teilfonds investiert mindestens 5% in nachhaltige Anlagen mit einem Umweltziel, das nicht mit der EU-Taxonomie konform ist.
Die Anlagen können zwar mit der EU-Taxonomie konform sein, aber der Investmentmanager ist derzeit nicht in der Lage, den genauen Anteil der Anlagen des Teilfonds anzugeben, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftstätigkeiten berücksichtigen. Die Position wird jedoch weiterhin überprüft, wenn die zugrunde liegenden Regeln festgelegt sind und im Laufe der Zeit mehr zuverlässige Daten zur Verfügung stehen.
¹ Tätigkeiten im Bereich fossiles Gas und/oder Kernenergie sind nur dann EU-taxonomiekonform, wenn sie zur Eindämmung des Klimawandels („Klimaschutz“) beitragen und kein Ziel der EU-Taxonomie erheblich beeinträchtigen – siehe Erläuterung am linken Rand. Die vollständigen Kriterien für EU-taxonomiekonforme Wirtschaftstätigkeiten im Bereich fossiles Gas und Kernenergie sind in der Delegierten Verordnung (EU) 2022/1214 der Kommission festgelegt.
Wie hoch ist der Mindestanteil der sozial nachhaltigen Investitionen?
Der Teilfonds investiert mindestens 10% in nachhaltige Anlagen mit einem Sozialziel.
Welche Investitionen fallen unter ,,#2 Andere Investitionen", welcher Anlagezweck wird mit ihnen verfolgt und gibt es einen ökologischen oder sozialen Mindestschutz?
Die verbleibenden Anlagen des Teilfonds können in Wertpapieren von Emittenten erfolgen, die nachweisen können, dass sie sich in Bezug auf ihre ESG-Eigenschaften auf einem Kurs der Verbesserung befinden, und für Liquiditätszwecke in liquiden Mitteln und liquiden Mitteln gleichstehenden Mitteln sowie in Derivaten, die als Anlagen und für ein effizientes Portfoliomanagement eingesetzt werden können.
Zur Gewährleistung eines Mindestmaßes an Umwelt- und Sozialabsicherungen wendet der Teilfonds die Ausschlusskriterien an.

###### Wurde ein Index als Referenzwert bestimmt, um festzustellen, ob dieses Finanzprodukt auf die beworbenen ökologischen und/oder sozialen Merkmale ausgerichtet ist?
Es wird kein bestimmter Index als Referenzbenchmark angegeben, um festzustellen, ob dieses Finanzprodukt zu den geförderten Umwelt- oder Sozialeigenschaften passt.
Bei den Referenzwerten handelt es sich um Indizes, mit denen gemessen wird, ob das Finanzprodukt die beworbenen ökologischen oder sozialen Merkmale erreicht.
Inwiefern ist der Referenzwert kontinuierlich auf die mit dem Finanzprodukt beworbenen ökologischen und sozialen Merkmale ausgerichtet?
Diese Frage ist hier nicht relevant.
Wie wird die kontinuierliche Ausrichtung der Anlagestrategie auf die Indexmethode sichergestellt?
Diese Frage ist hier nicht relevant.
Wie unterscheidet sich der bestimmte Index von einem relevanten breiten Marktindex?
Diese Frage ist hier nicht relevant.
Wo kann die Methode zur Berechnung des bestimmten Indexes eingesehen werden?
Diese Frage ist hier nicht relevant.

###### 	Wo kann ich im Internet weitere produktspezifische Informationen finden?
Weitere produktspezifische Informationen finden Sie auf der Website: https:/www.fidelity.lu/funds/factsheet/LU1102505929/tab-disclosure#SFDR-disclosure. 
Weitere Informationen zu den hier dargelegten Methoden finden Sie auf der Website: System fürnachhaltiges Investieren (fidelityinternational.com).
Vorvertragliche Informationen zu den in Artikel 8 Absätze 1, 2 und 2a der Verordnung (EU) 2019/2088 und Artikel 6 Absatz 1 der Verordnung (EU) 2020/852 genannten Finanzprodukten
Name des Produkts:	Unternehmenskennung (LEI- Code):
Fidelity Funds - Thailand Fund	549300KZ6XVPBRK5QV32

###### Ökologische und/oder soziale Merkmale
| Werden mit diesem Finanzprodukt nachhaltige Investitionen angestrebt? |
| --- |
|  | - Ja
 |  | Nein |
| - Es wird damit ein MindestanteiI an nachhaltigen Investitionen mit einem Umweltziel getätigt:%
	- in Wirtschaftstätigkeiten, die nach derEU-Taxonomie als ökologisch nachhaltig einzustufen sind

- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie nicht als ökologisch nachhaltig einzustufen sind
- Es wird damit ein Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel getätigt:%
 | Es werden damit ökologische/soziale Merkmale beworben und obwohl keine nachhaltigen Investitionen angestrebt werden, enthält es einen Mindestanteil von 10% an nachhaltigen Investitionen. - mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie als ökologisch nachhaltig einzustufen sindmit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie nicht als ökologisch nachhaltig einzustufen sindmit einem sozialen Ziel
- Es	werden		damit	ökologische/soziale Merkmale	beworben,		aber	keinenachhaltigen Investitionen getätigt.
 |

Welche ökologischen und/ oder sozialen Merkmale werden mit diesem Finanzprodukt beworben?
Mit Nachhaltigkeitsin- dikatoren wird gemessen, inwieweit die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht werden.
Der Teilfonds fördert Umwelt- und Sozialeigenschaften, indem er in Wertpapiere von Emittenten mit guten ESG-Eigenschaften investiert. Gute ESG-Eigenschaften werden anhand von ESG-Ratings ermittelt. ESG-Ratings berücksichtigen Umwelteigenschaften wie CO2-Intensität, CO2-Emissionen, Energieeffizienz, Wasser- und Abfallmanagement und Biodiversität sowie Sozialeigenschaften wie Produktsicherheit, Lieferkette, Gesundheit und Sicherheit sowie Menschenrechte.
Der Teilfonds ist in gewissem Maße bestrebt, nachhaltige Anlagen zu tätigen.
Es wird keine Referenzbenchmark festgelegt, um die geförderten Umwelt- und Sozialeigenschaften zu erreichen.
einzelnen ökologischen oder sozialen Merkmale, die durch dieses Finanzprodukt beworben werden, herangezogen?
Der Teilfonds verwendet die folgenden Nachhaltigkeitsindikatoren, um die Ausprägung der von ihm geförderten Umwelt- oder Sozialeigenschaften zu messen:
- der  Prozentsatz des Teilfonds, der in Wertpapieren von Emittenten mit guten ESG-Eigenschaften im Einklang mit dem System für nachhaltiges Investieren von Fidelity investiert ist;
- in Bezug auf seine Direktanlagen in Unternehmen als Emittenten der Prozentsatz des Teilfonds, der in Wertpapiere von Emittenten investiert ist, auf die Ausschlusskriterien (wie unten definiert) zutreffen;
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen investiert ist; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel bei Wirtschaftsaktivitäten investiert ist, die gemäß der EU-Taxonomie nicht als ökologisch nachhaltig gelten; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel investiert ist.

Welches sind die Ziele der nachhaltigen Investitionen, die mit dem
Finanzprodukt teilweise getätigt werden sollen, und wie trägt die nachhaltige Investition zu diesen Zielen bei?
Der Teilfonds ermittelt wie folgt, ob eine Anlage nachhaltig ist:
- Emittenten, die wirtschaftliche Tätigkeiten ausüben, die zu einem oder mehreren der in der EU-Taxonomie festgelegten Umweltziele beitragen und gemäß der EU-Taxonomie als ökologisch nachhaltig gelten; oder
- Emittenten, bei denen der Großteil ihrer Geschäftstätigkeit (mehr als 50% des Umsatzes) zu ökologischen oder sozialen Zielen beiträgt, die mit einem oder mehreren der Ziele der Vereinten Nationen für nachhaltige Entwicklung („SDG“) in Einklang stehen; oder
- Emittenten, die ein Dekarbonisierungsziel festgelegt haben, das mit einem Temperaturanstiegsszenario mit 1,5 Grad oder weniger vereinbar ist (überprüft durch die Science Based Target Initiative oder ein Fidelity Proprietary Climate Rating), das als Beitrag zu Umweltzielen angesehen wird;sofern sie keinen wesentlichen Schaden anrichten, Mindestabsicherungen bieten und gute Governance-Kriterien aufweisen.

teilweise getätigt werden sollen, keinem der ökologischen oder sozialen nachhaltigen Anlageziele erheblich schaden?
Nachhaltige Anlagen werden auf ihre Beteiligung an Aktivitäten überprüft, die erheblichen Schaden und Kontroversen verursachen, und durch eine Kontrolle bewertet, ob der Emittent Mindestabsicherungen und -standards hinsichtlich der wichtigsten nachteiligen Auswirkungen (PAI) sowie die Leistung bei den PAI-Kennzahlen umsetzt bzw. erfüllt. Dazu gehören:
- Normenbasierte Filterkriterien – das Filtern von Wertpapieren, die gemäß den bestehenden (unten beschriebenen) normenbasierten Filterkriterien von Fidelity ermittelt wurden, anhand von:
- aktivitätsbasierten Filterkriterien – das Filtern von Emittenten auf der Grundlage ihrer Beteiligung an Aktivitäten mit erheblichen negativen Auswirkungen auf die Gesellschaft oder die Umwelt, darunter Emittenten, bei denen aufgrund der Filterkriterien für Kontroversen eine„sehr gravierende“ Kontroverse vorliegt, die im Bereich
- Umwelt,
- Menschenrechte und Gemeinschaften,
- Arbeitnehmerrechte und Lieferkette,
- Kunden,
- Governance angesiedelt ist; und anhand von
	- PAI-Indikatoren. Quantitative Daten (sofern verfügbar) zu PAI-Indikatoren werden verwendet, um zu bewerten, ob ein Emittent an Aktivitäten beteiligt ist, die einem Umwelt- oder Sozialziel erheblichen Schaden zufügen.


Bei den wichtigsten nachteiligen Auswirkungen handelt es sich um die bedeutendsten nachteiligen Auswirkungen von Investitionsentscheidun- gen auf NachhaItigkeitsfaktoren in den Bereichen Umwelt, Soziales und Beschäftigung, Achtung der Menschenrechte und Bekämpfung von Korruption und Bestechung.
Wie wurden die Indikatoren für nachteilige Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Für nachhaltige Anlagen, wie oben beschrieben, führt Fidelity eine quantitative Bewertung durch, um Emittenten mit einer problematischen Leistung bei PAI-Indikatoren zu ermitteln. Emittenten mit einer niedrigen Punktzahl kommen nur dann für „nachhaltige Anlagen“ infrage, wenn die Fundamentalresearch von Fidelity feststellt, dass der Emittent nicht gegen die Anforderungen verstößt, „keinen wesentlichen Schaden anrichtet“ oder sich auf einem guten Weg befindet, um die nachteiligen Auswirkungen durch effektives Management oder einen Übergang abzumildern.
Wie stehen die nachhaltigen Investitionen mit den OECD-Leitsätzen für multinationale Unternehmen und den Leitprinzipien der Vereinten Nationen für Wirtschaft und
Menschenrechte in Einklang? Nähere Angaben:
Es werden normenbasierte Filterkriterien angewendet: Emittenten, bei denen festgestellt wurde, dass sie sich nicht in einer Weise verhalten, die ihrer grundlegenden Verantwortung in den Bereichen Menschenrechte, Arbeit, Umwelt und Korruptionsbekämpfung im Einklang mit internationalen Normen gerecht wird, darunter denjenigen, die in den OECD-Leitsätzen für multinationale Unternehmen, den Leitprinzipien der Vereinten Nationen für Wirtschaft und Menschenrechte, dem UN Global Compact (UNGC) und den IAO-Standards der Internationalen Arbeitsorganisation (ILO) festgelegt sind, kommen für nachhaltige Investitionen nicht infrage.
In der EU-Taxonomie ist der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" festgelegt, nach dem taxonomiekonforme Investitionen die Ziele der EU-Taxonomie nicht erheblich beeinträchtigen dürfen, und es sind spezifische EU-Kriterien beigefügt. Der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" findet nur bei denjenigen dem Finanzprodukt zugrunde liegenden Investitionen Anwendung, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten berücksichtigen. Die dem verbleibenden Teil dieses  Finanzprodukts zugrunde  liegenden Investitionen berücksichtigen nicht die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten. Alle anderen nachhaltigen Investitionen dürfen ökologische oder soziale Ziele ebenfalls nicht erheblich beeinträchtigen.

###### Werden bei diesem Finanzprodukt die wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Ja
- NeinDie wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren werden mit Hilfe einer Vielzahl von Instrumenten berücksichtigt und in Anlageentscheidungen einbezogen. Hierzu zählen:
- Due Diligence – Analyse, ob die wichtigsten nachteiligen Auswirkungen (PAI) wesentlich und negativ sind.
- ESG-Rating – Fidelity bezieht sich auf ESG-Ratings, die wesentliche nachteilige Auswirkungen wie CO2-Emissionen, Mitarbeitersicherheit, Bestechung und Korruption sowie Wassermanagement berücksichtigen, und bei den von Staaten ausgegebenen Wertpapieren berücksichtigen die verwendeten Ratings wichtige nachteilige Auswirkungen (PAI) wie CO2-Emissionen, Sozialverstöße und die Meinungsfreiheit.
- Ausschlusskriterien – Bei Direktanlagen in Unternehmen als Emittenten wendet der Teilfonds die (unten definierten) Ausschlusskriterien an, um die wichtigsten nachteiligen Auswirkungen abzumildern. Dazu schließt er schädliche Sektoren aus und verbietet Investitionen in Emittenten, die gegen internationale Standards wie den UNGC verstoßen.
- Mitwirkung – Fidelity nutzt Mitwirkung als ein Instrument, um die wichtigsten nachteiligen Auswirkungen besser zu verstehen und sich unter bestimmten Umständen für die Abmilderung der wichtigsten nachteiligen Auswirkungen einzusetzen. Fidelity beteiligt sich an relevanten individuellen und kollaborativen Engagements, die auf eine Reihe von wichtigen negativen Auswirkungen abzielen (z. B. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Abstimmungsverhalten	 –	Die	Abstimmungsrichtlinie		von	Fidelity	legt	explizite Mindeststandards	für	die	Geschlechtervielfalt	in	den	Leitungsorganen		und		für	die Berücksichtigung des Klimawandels durch die Unternehmensemittenten fest. Fidelity kann auch auf eine Weise abstimmen, dass die wichtigsten nachteiligen Auswirkungen abgemildert werden.
- Vierteljährliche Überprüfungen – Überwachung der wichtigsten nachteiligen Auswirkungen (PAI) durch den vierteljährlichen Überprüfungsprozess des Teilfonds.

Wenn es um die Frage geht, ob Investitionen eine wesentliche nachteilige Auswirkung haben, berücksichtigt Fidelity für jeden Nachhaltigkeitsfaktor spezifische Indikatoren. Diese Indikatoren hängen von der Datenverfügbarkeit ab und können sich mit zunehmender Datenqualität und
-verfügbarkeit weiterentwickeln.
Informationen über die wichtigsten nachteiligen Auswirkungen werden im Jahresbericht des Teilfonds zur Verfügung gestellt.
Die Anlagestrategie dient aIs Richtschnur für Investitionsentscheidun- gen, wobei bestimmte Kriterien wie beispielsweise Investitionsziele oder Risikotoleranz
berücksichtigt werden.
Mindestens 50% des Nettovermögens des Teilfonds werden in Wertpapiere investiert, die gute ESG-Eigenschaften aufweisen.
Ob ESG-Eigenschaften gut sind, wird anhand von ESG-Ratings externer Agenturen und von Fidelity ESG-Ratings ermittelt.
Innerhalb dieses Anlageuniversums wählt der Investmentmanager Aktien mit Hilfe rigoroser Bottom-up-Finanzanalysen und -bewertungen aus, Aktien mit einem Potenzial für hohe Anlagerenditen auszuwählen.
In Bezug auf seine Direktanlagen in Unternehmensemittenten berücksichtigt der Teilfonds:
- eine unternehmensweite Ausschlussliste, die Streumunition und Antipersonenlandminen umfasst; und
- eine normenbasierte Filterung von Emittenten, die nach Ansicht des Investmentmanagers ihre Geschäfte nicht in Übereinstimmung mit internationalen Normen, darunter den im UNGC festgelegten, durchgeführt haben.

Die oben genannten Ausschluss- und Filterkriterien (die „Ausschlusskriterien“) werden möglicherweise von Zeit zu Zeit aktualisiert. Weitere Informationen erhalten Sie auf der Website Sustainable investing framework (fidelityinternational.com).
Es steht zudem im Ermessen des Investmentmanagers, von Zeit zu Zeit erweiterte, strengere Nachhaltigkeitsanforderungen und Ausschlusskriterien anzuwenden.
Worin bestehen die verbindlichen Elemente der Anlagestrategie, die für die Auswahl der Investitionen zur Erfüllung der beworbenen ökologischen oder sozialen Ziele verwendet werden?
Der Teilfonds investiert:
- mindestens  50%  seines  Vermögens in Wertpapiere von Emittenten mit guten ESG-Eigenschaften,
- mindestens 10% in nachhaltige Anlagen, von denen mindestens 0% ein Umweltziel aufweisen, das sich an der EU-Taxonomie orientiert, mindestens 1% ein Umweltziel, das sich nicht an der EU-Taxonomie orientiert, und mindestens 5% ein Sozialziel verfolgen.

Darüber hinaus wird der Teilfonds die oben beschriebenen Ausschlusskriterien systematisch anwenden.
Um welchen Mindestsatz wird der Umfang der vor der Anwendung dieser Anlagestrategie in Betracht gezogenen Investitionen reduziert?
Diese Frage ist hier nicht relevant.
Die Verfahrensweisen einer guten
Unternehmensführung umfassen solide Managementstrukturen, die Beziehungen zu den Arbeitnehmern, die Vergütung von Mitarbeitern sowie die Einhaltung der Steuervorschriften.
Wie werden die Verfahrensweisen einer guten Unternehmensführung der Unternehmen, in die investiert wird, bewertet?
Die Governance-Praktiken der Emittenten werden anhand von Fundamentalresearch bewertet, die Fidelity ESG-Ratings sowie Daten zu Kontroversen und Verstößen gegen den UN Global Compact berücksichtigt.
Zu den wichtigsten Punkten, die analysiert werden, gehören unter anderem die Erfolgsbilanz der Kapitalallokation, die finanzielle Transparenz, Transaktionen mit nahestehenden Parteien, die Unabhängigkeit und Größe des Vorstands, die Vergütung der Führungskräfte, die Abschlussprüfer und die interne Aufsicht sowie die Rechte der Minderheitsanteilinhaber.
Die Vermögensallokation gibt den jeweiligen Anteil der Investitionen in bestimmte Vermögenswerte an.
Taxonomiekonforme Tätigkeiten, ausgedrückt durch den Anteil der:
- Umsatzerlöse, die den Anteil der Einnahmen aus umweltfreundlichenAktivitäten der Unternehmen, in die investiert wird, widerspiegeln
- Investitionsausgaben (CapEx), die die umweltfreundlichen Investitionen der Unternehmen, in die investiert wird, aufzeigen,z.B. für den Übergang zu einer grünen Wirtschaft- Betriebsausgaben (OpEx), die die umweltfreundlichenbetrieblichen Aktivitäten der Unternehmen, in die investiert wird, widerspiegeln(#1 Ausgerichtet an E/S-Eigenschaften) Der Teilfonds investiert nach Möglichkeit:
- mindestens 50% seines	Vermögens	in	Wertpapiere	von	Emittenten	mit	guten ESG-Eigenschaften,
- mindestens 10% in	nachhaltige	(#1A	nachhaltig)	Anlagen,	von	denen mindestens 0% ein Umweltziel verfolgen (das an der EU-Taxonomie ausgerichtet ist), mindestens 1% ein Umweltziel haben (das nicht an der EU-Taxonomie ausgerichtet ist) und mindestens 5% ein Sozialziel haben. Die übrigen nachhaltigen Anlagen des Teilfonds können ein Umwelt- oder Sozialziel verfolgen.

Sonstige Umweltziele 1%
(#1B Sonstige E/S-Eigenschaften) Umfasst Wertpapiere von Emittenten mit guten ESG-Eigenschaften, die aber keine nachhaltigen Anlagen sind.
#1A Nachhaltige
Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale
50%
Investitionen 10%
#1B Andere ökologische oder soziale Merkmale
Soziales 5%
#2 Andere Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst Investitionen des Finanzprodukts, die zur Erreichung der beworbenen ökologischen oder sozialen Merkmale getätigt wurden.
#2 Andere Investitionen umfasst die übrigen Investitionen des Finanzprodukts, die weder auf ökologische oder soziale Merkmale ausgerichtet sind noch als nachhaltige Investitionen eingestuft werden.
Die Kategorie #1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst folgende Unterkategorien:
Die Unterkategorie #1A Nachhaltige Investitionen umfasst nachhaltige Investitionen mit ökologischen oder sozialen Zielen.
Die Unterkategorie #1B Andere ökologische oder soziale Merkmale umfasst Investitionen, die auf ökologische oder soziale Merkmale ausgerichtet sind, aber nicht als nachhaltige Investitionen eingestuft werden.
Inwiefern werden durch den Einsatz von Derivaten die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht?
Wenn das einem Derivat zugrunde liegende Wertpapier im Einklang mit dem System für nachhaltiges Investieren von Fidelity gute ESG-Eigenschaften aufweist, darf das Derivat zur Feststellung des Teilfondsanteils berücksichtigt werden, der Umwelt- oder Sozialeigenschaften fördert.
In welchem Mindestmaß sind nachhaltige Investitionen mit einem Umweltziel mit der EU-Taxonomie konform?
Der Teilfonds investiert mindestens 0% in nachhaltige Anlagen mit einem Umweltziel, die mit der EU-Taxonomie konform sind.
Die Konformität der Anlagen des Teilfonds mit der EU-Taxonomie wird nicht durch Wirtschaftsprüfer oder mittels einer Überprüfung durch Dritte sichergestellt.
Die Ausrichtung der zugrunde liegenden Anlagen des Teilfonds an der EU-Taxonomie wird anhand des Umsatzes gemessen.
Investiert das Finanzprodukt in Aktivitäten im Zusammenhang mit fossilem Gas und/oder Kernenergie, die der EU-Taxonomie¹ entsprechen?
- JaNein
- In fossiles Gas	In KernenergieWie hoch ist der Mindestanteil der Investitionen in Übergangstätigkeiten und ermöglichende Tätigkeiten?

Der Teilfonds investiert mindestens 0% in Übergangstätigkeiten und ermöglichende Tätigkeiten.
Wie hoch ist der Mindestanteil nachhaltiger Investitionen mit einem Umweltziel, die nicht mit der EU-Taxonomie konform sind?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Umweltziel, das nicht an der EU-Taxonomie orientiert ist.
Die Anlagen können zwar an der EU-Taxonomie ausgerichtet sein, aber der Investmentmanager ist derzeit nicht in der Lage, den genauen Anteil der Anlagen des Teilfonds anzugeben, die die EU-Kriterien für ökologisch nachhaltiges Wirtschaften berücksichtigen. Die Position wird jedoch weiterhin überprüft, wenn die zugrunde liegenden Regeln festgelegt sind und im Laufe der Zeit mehr zuverlässige Daten zur Verfügung stehen.
¹ Tätigkeiten im Bereich fossiles Gas und/oder Kernenergie sind nur dann EU-taxonomiekonform, wenn sie zur Eindämmung des Klimawandels („Klimaschutz“) beitragen und kein Ziel der EU-Taxonomie erheblich beeinträchtigen – siehe Erläuterung am linken Rand. Die vollständigen Kriterien für EU-taxonomiekonforme Wirtschaftstätigkeiten im Bereich fossiles Gas und Kernenergie sind in der Delegierten Verordnung (EU) 2022/1214 der Kommission festgelegt.
Wie hoch ist der Mindestanteil der sozial nachhaltigen Investitionen?
Der Teilfonds investiert mindestens 5% in nachhaltige Anlagen mit einem Sozialziel.
Welche Investitionen fallen unter ,,#2 Andere Investitionen", welcher Anlagezweck wird mit ihnen verfolgt und gibt es einen ökologischen oder sozialen Mindestschutz?
Die verbleibenden Anlagen des Teilfonds erfolgen in Instrumenten, die zum Finanzziel des Teilfonds passen, und für Liquiditätszwecke in liquiden Mitteln und liquiden Mitteln gleichstehenden Mitteln sowie in Derivaten, die als Anlagen und für eine effiziente Portfolioverwaltung eingesetzt werden können.
Zur Gewährleistung eines Mindestmaßes an Umwelt- und Sozialabsicherungen wendet der Teilfonds die Ausschlusskriterien an.

###### Wurde ein Index als Referenzwert bestimmt, um festzustellen, ob dieses Finanzprodukt auf die beworbenen ökologischen und/oder sozialen Merkmale ausgerichtet ist?
Es wird kein bestimmter Index als Referenzbenchmark angegeben, um festzustellen, ob dieses Finanzprodukt zu den geförderten Umwelt- oder Sozialeigenschaften passt.
Bei den Referenzwerten handelt es sich um Indizes, mit denen gemessen wird, ob das Finanzprodukt die beworbenen ökologischen oder sozialen Merkmale erreicht.
Inwiefern ist der Referenzwert kontinuierlich auf die mit dem Finanzprodukt beworbenen ökologischen und sozialen Merkmale ausgerichtet?
Diese Frage ist hier nicht relevant.
Wie wird die kontinuierliche Ausrichtung der Anlagestrategie auf die Indexmethode sichergestellt?
Diese Frage ist hier nicht relevant.
Wie unterscheidet sich der bestimmte Index von einem relevanten breiten Marktindex?
Diese Frage ist hier nicht relevant.
Wo kann die Methode zur Berechnung des bestimmten Indexes eingesehen werden?
Diese Frage ist hier nicht relevant.

###### 	Wo kann ich im Internet weitere produktspezifische Informationen finden?
Weitere produktspezifische Informationen finden Sie auf der Website: https:/www.fidelity.lu/funds/factsheet/LU1224710803/tab-disclosure#SFDR-disclosure
Weitere Informationen zu den hier dargelegten Methoden finden Sie auf der Website: System fürnachhaltiges Investieren (fidelityinternational.com).
Vorvertragliche Informationen zu den in Artikel 8 Absätze 1, 2 und 2a der Verordnung (EU) 2019/2088 und Artikel 6 Absatz 1 der Verordnung (EU) 2020/852 genannten Finanzprodukten
Name des Produkts:	Unternehmenskennung (LEI- Code):
Fidelity Funds - Flexible Bond Fund	Y5GJXJ4DKJON310L3I87

###### Ökologische und/oder soziale Merkmale
| Werden mit diesem Finanzprodukt nachhaltige Investitionen angestrebt? |
| --- |
|  | - Ja
 |  | Nein |
| - Es wird damit ein MindestanteiI an nachhaltigen Investitionen mit einem Umweltziel getätigt:%
	- in Wirtschaftstätigkeiten, die nach derEU-Taxonomie als ökologisch nachhaltig einzustufen sind

- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie nicht als ökologisch nachhaltig einzustufen sind
- Es wird damit ein Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel getätigt:%
 | Es werden damit ökologische/soziale Merkmale beworben und obwohl keine nachhaltigen Investitionen angestrebt werden, enthält es einen Mindestanteil von 5% an nachhaltigen Investitionen. - mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie als ökologisch nachhaltig einzustufen sindmit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie nicht als ökologisch nachhaltig einzustufen sindmit einem sozialen Ziel
- Es	werden		damit	ökologische/soziale Merkmale	beworben,		aber	keinenachhaltigen Investitionen getätigt.
 |

Welche ökologischen und/ oder sozialen Merkmale werden mit diesem Finanzprodukt beworben?
Mit Nachhaltigkeitsin- dikatoren wird gemessen, inwieweit die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht werden.
Der Teilfonds fördert Umwelt- und Sozialeigenschaften, indem er in Wertpapiere von Emittenten mit guten ESG-Eigenschaften investiert. Gute ESG-Eigenschaften werden anhand von ESG-Ratings ermittelt. ESG-Ratings berücksichtigen Umwelteigenschaften wie CO2-Intensität, CO2-Emissionen, Energieeffizienz, Wasser- und Abfallmanagement und Biodiversität sowie Sozialeigenschaften wie Produktsicherheit, Lieferkette, Gesundheit und Sicherheit sowie Menschenrechte.
Der Teilfonds ist in gewissem Maße bestrebt, nachhaltige Anlagen zu tätigen.
Es wird keine Referenzbenchmark festgelegt, um die geförderten Umwelt- und Sozialeigenschaften zu erreichen.
einzelnen ökologischen oder sozialen Merkmale, die durch dieses Finanzprodukt beworben werden, herangezogen?
Der Teilfonds verwendet die folgenden Nachhaltigkeitsindikatoren, um die Ausprägung der von ihm geförderten Umwelt- oder Sozialeigenschaften zu messen:
- der  Prozentsatz des Teilfonds, der in Wertpapieren von Emittenten mit guten ESG-Eigenschaften im Einklang mit dem System für nachhaltiges Investieren von Fidelity investiert ist;
- der Prozentsatz des Teilfonds, der in Wertpapiere von Emittenten investiert ist, auf die Ausschlusskriterien (wie unten definiert) zutreffen;
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen investiert ist; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel bei Wirtschaftsaktivitäten investiert ist, die gemäß der EU-Taxonomie als ökologisch nachhaltig gelten; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel investiert ist.

Welches sind die Ziele der nachhaltigen Investitionen, die mit dem
Finanzprodukt teilweise getätigt werden sollen, und wie trägt die nachhaltige Investition zu diesen Zielen bei?
Für den Teilfonds gilt eine Anlage in folgende Emittenten als nachhaltig:
- Emittenten, die wirtschaftliche Tätigkeiten ausüben, die zu einem oder mehreren der in der EU-Taxonomie festgelegten Umweltziele beitragen und gemäß der EU-Taxonomie als ökologisch nachhaltig gelten; oder
- Emittenten, bei denen der Großteil ihrer Geschäftstätigkeit (mehr als 50% des Umsatzes) zu Umwelt- oder Sozialzielen beiträgt, die mit einem oder mehreren der Ziele der Vereinten Nationen für nachhaltige Entwicklung („SDG“) in Einklang stehen; oder
- Emittenten, die ein Dekarbonisierungsziel festgelegt haben, das mit einem Temperaturanstiegsszenario mit 1,5 Grad oder weniger vereinbar ist (überprüft durch die Science Based Target Initiative oder ein Fidelity Proprietary Climate Rating), das als Beitrag zu Umweltzielen angesehen wird;sofern sie keinen wesentlichen Schaden anrichten, Mindestabsicherungen bieten und gute Governance-Kriterien aufweisen.

teilweise getätigt werden sollen, keinem der ökologischen oder sozialen nachhaltigen Anlageziele erheblich schaden?
Nachhaltige Anlagen werden auf ihre Beteiligung an Aktivitäten überprüft, die erheblichen Schaden und Kontroversen verursachen, und durch eine Kontrolle bewertet, ob der Emittent Mindestabsicherungen und -standards hinsichtlich der wichtigsten nachteiligen Auswirkungen (PAI) sowie eine Leistung bei den PAI-Kennzahlen umsetzt bzw. erfüllt. Dazu gehören:
- Normenbasierte Filterkriterien – das Filtern von Wertpapieren, die gemäß den bestehenden (unten beschriebenen) normenbasierten Ausschlusskriterien von Fidelity ermittelt wurden, anhand von:
- aktivitätsbasierten Filterkriterien – das Filtern von Emittenten auf der Grundlage ihrer Beteiligung an Aktivitäten mit erheblichen negativen Auswirkungen auf die Gesellschaft oder die Umwelt, darunter Körperschaften, bei denen aufgrund der Ausschlusskriterien für Kontroversen eine „sehr gravierende“ Kontroverse vorliegt, die im Bereich
- Umwelt,
- Menschenrechte und Gemeinschaften,
- Arbeitnehmerrechte und Lieferkette,
- Kunden,
- Governance angesiedelt ist; und
	- anhand von PAI-Indikatoren – Quantitative Daten (sofern verfügbar) zu PAI-Indikatoren werden verwendet, um zu bewerten, ob ein Emittent an Aktivitäten beteiligt ist, die einem Umwelt- oder Sozialziel erheblichen Schaden zufügen.


Bei den wichtigsten nachteiligen Auswirkungen handelt es sich um die bedeutendsten nachteiligen Auswirkungen von Investitionsentscheidun- gen auf NachhaItigkeitsfaktoren in den Bereichen Umwelt, Soziales und Beschäftigung, Achtung der Menschenrechte und Bekämpfung von Korruption und Bestechung.
Wie wurden die Indikatoren für nachteilige Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Für nachhaltige Anlagen, wie oben beschrieben, führt Fidelity eine quantitative Bewertung durch, um Emittenten mit einer problematischen Leistung bei PAI-Indikatoren zu ermitteln. Emittenten mit einer niedrigen Punktzahl kommen nur dann für „nachhaltige Anlagen“ infrage, wenn die Fundamentalresearch von Fidelity feststellt, dass der Emittent nicht gegen die Anforderungen verstößt, „keinen wesentlichen Schaden anrichtet“ oder sich auf einem Weg befindet, um die nachteiligen Auswirkungen durch effektives Management oder einen Übergang abzumildern.
Wie stehen die nachhaltigen Investitionen mit den OECD-Leitsätzen für multinationale Unternehmen und den Leitprinzipien der Vereinten Nationen für Wirtschaft und
Menschenrechte in Einklang? Nähere Angaben:
Es werden normenbasierte Filterkriterien angewendet: Emittenten, bei denen festgestellt wurde, dass sie sich nicht in einer Weise verhalten, die ihrer grundlegenden Verantwortung in den Bereichen Menschenrechte, Arbeit, Umwelt und Korruptionsbekämpfung im Einklang mit internationalen Normen gerecht wird, darunter denjenigen, die in den OECD-Leitsätzen für multinationale Unternehmen, den Leitprinzipien der Vereinten Nationen für Wirtschaft und Menschenrechte, dem UN Global Compact (UNGC) und den IAO-Standards der Internationalen Arbeitsorganisation (ILO) festgelegt sind, kommen für nachhaltige Investitionen nicht infrage.
In der EU-Taxonomie ist der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" festgelegt, nach dem taxonomiekonforme Investitionen die Ziele der EU-Taxonomie nicht erheblich beeinträchtigen dürfen, und es sind spezifische EU-Kriterien beigefügt. Der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" findet nur bei denjenigen dem Finanzprodukt zugrunde liegenden Investitionen Anwendung, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten berücksichtigen. Die dem verbleibenden Teil dieses  Finanzprodukts zugrunde  liegenden Investitionen berücksichtigen nicht die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten. Alle anderen nachhaltigen Investitionen dürfen ökologische oder soziale Ziele ebenfalls nicht erheblich beeinträchtigen.

###### Werden bei diesem Finanzprodukt die wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Ja
- NeinDie wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren werden mit Hilfe einer Vielzahl von Instrumenten berücksichtigt und in Anlageentscheidungen einbezogen. Hierzu zählen:
- Due Diligence – Analyse, ob die wichtigsten nachteiligen Auswirkungen (PAI) wesentlich und negativ sind.
- ESG-Rating – Fidelity bezieht sich auf ESG-Ratings, die wesentliche nachteilige Auswirkungen wie CO2-Emissionen, Mitarbeitersicherheit, Bestechung und Korruption sowie Wassermanagement berücksichtigen, und bei den von Staaten ausgegebenen Wertpapieren berücksichtigen die verwendeten Ratings wichtige nachteilige Auswirkungen (PAI) wie CO2-Emissionen, Sozialverstöße und die Meinungsfreiheit.
- Ausschlusskriterien – Bei Direktanlagen in Unternehmen als Emittenten wendet der Teilfonds die (unten definierten) Ausschlusskriterien an, um die wichtigsten nachteiligen Auswirkungen abzumildern. Dazu schließt er schädliche Sektoren aus und verbietet Investitionen in Emittenten, die gegen internationale Standards wie den UNGC verstoßen.
- Mitwirkung – Fidelity nutzt Mitwirkung als ein Instrument, um die wichtigsten nachteiligen Auswirkungen besser zu verstehen und sich unter bestimmten Umständen für die Abmilderung der wichtigsten nachteiligen Auswirkungen einzusetzen. Fidelity beteiligt sich an relevanten individuellen und kollaborativen Arten der Mitwirkung, die auf eine Reihe von wichtigen negativen Auswirkungen abzielen (z. B. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Abstimmungsverhalten – Die Abstimmungspolitik von Fidelity umfasst bei Unternehmen als Emittenten explizite Mindeststandards für die Geschlechtervielfalt im Aufsichtsrat und die Auseinandersetzung mit dem Klimawandel. Fidelity kann auch auf eine Weise abstimmen, dass die wichtigsten nachteiligen Auswirkungen abgemildert werden.
- Vierteljährliche Überprüfungen – Überwachung der wichtigsten nachteiligen Auswirkungen (PAI) durch den vierteljährlichen Überprüfungsprozess des Teilfonds.

Wenn es um die Frage geht, ob Investitionen eine wesentliche nachteilige Auswirkung haben, berücksichtigt Fidelity für jeden Nachhaltigkeitsfaktor spezifische Indikatoren. Diese Indikatoren hängen von der Datenverfügbarkeit ab und können sich mit zunehmender Datenqualität und
-verfügbarkeit weiterentwickeln.
Informationen über die wichtigsten nachteiligen Auswirkungen werden im Jahresbericht des Teilfonds zur Verfügung gestellt.
Die Anlagestrategie dient aIs Richtschnur für Investitionsentscheidun- gen, wobei bestimmte Kriterien wie beispielsweise Investitionsziele oder Risikotoleranz
berücksichtigt werden.
Mindestens 50% des Nettovermögens des Teilfonds werden in Wertpapiere investiert, die gute ESG-Eigenschaften aufweisen.
Ob ESG-Eigenschaften gut sind, wird anhand von ESG-Ratings externer Agenturen und von Fidelity ESG-Ratings ermittelt.
In Bezug auf seine Direktanlagen in Unternehmensemittenten berücksichtigt der Teilfonds:
a) eine unternehmensweite Ausschlussliste, die Streumunition und Antipersonenlandminen umfasst; und
- eine normenbasierte Filterung von Emittenten, die nach Ansicht des Investmentmanagers ihre Geschäfte nicht in Übereinstimmung mit internationalen Normen, darunter den im UNGC festgelegten, durchgeführt haben.

Die oben genannten Ausschluss- und Filterkriterien (die „Ausschlusskriterien“) werden möglicherweise von Zeit zu Zeit aktualisiert. Weitere Informationen erhalten Sie auf der Website Sustainable investing framework (fidelityinternational.com).
Es steht zudem im Ermessen des Investmentmanagers, von Zeit zu Zeit erweiterte, strengere Nachhaltigkeitsanforderungen und Ausschlusskriterien anzuwenden.
Worin bestehen die verbindlichen Elemente der Anlagestrategie, die für die Auswahl der Investitionen zur Erfüllung der beworbenen ökologischen oder sozialen Ziele verwendet werden?
Der Teilfonds investiert:
- mindestens 50% seines Vermögens in Emittenten mit guten ESG-Eigenschaften;
- mindestens 5% in nachhaltige Anlagen, von denen mindestens 0% ein Umweltziel verfolgen (das sich an der EU-Taxonomie orientiert), mindestens 1% ein Umweltziel (das sich nicht an der EU-Taxonomie orientiert) und mindestens 1% ein Sozialziel.

Darüber hinaus wird der Teilfonds systematisch die oben beschriebenen Ausschlusskriterien anwenden.
Um welchen Mindestsatz wird der Umfang der vor der Anwendung dieser Anlagestrategie in Betracht gezogenen Investitionen reduziert?
Diese Frage ist hier nicht relevant.
Die Verfahrensweisen einer guten
Unternehmensführung umfassen solide Managementstrukturen, die Beziehungen zu den Arbeitnehmern, die Vergütung von Mitarbeitern sowie die Einhaltung der Steuervorschriften.
Wie werden die Verfahrensweisen einer guten Unternehmensführung der Unternehmen, in die investiert wird, bewertet?
Die Governance-Praktiken der Emittenten werden anhand von Fundamentalresearch bewertet, darunter im Rahmen der von externen Agenturen oder Fidelity bereitgestellten ESG-Ratings.
Zu den wichtigsten der analysierten Fragen gehören die Erfolgsbilanz hinsichtlich: Kapitalallokation, finanzieller Transparenz, Transaktionen mit nahestehenden Unternehmen und Personen, Unabhängigkeit und Größe des Vorstands, Vergütung von Führungskräften, Wirtschaftsprüfung und interner Revision, Rechte der Minderheitsaktionäre und anderer Indikatoren. Für staatliche Emittenten werden Faktoren wie Korruption und Meinungsfreiheit einbezogen.
Die Vermögensallokation gibt den jeweiligen Anteil der Investitionen in bestimmte Vermögenswerte an.
Taxonomiekonforme Tätigkeiten, ausgedrückt durch den Anteil der:
- Umsatzerlöse, die den Anteil der Einnahmen aus umweltfreundlichenAktivitäten der Unternehmen, in die investiert wird, widerspiegeln
- Investitionsausgaben (CapEx), die die umweltfreundlichen Investitionen der Unternehmen, in die investiert wird, aufzeigen,z.B. für den Übergang zu einer grünen Wirtschaft- Betriebsausgaben (OpEx), die die umweltfreundlichenbetrieblichen Aktivitäten der Unternehmen, in die investiert wird, widerspiegeln(#1 Ausgerichtet an E/S-Eigenschaften) Der Teilfonds investiert:
- mindestens 50% seines	Vermögens	in	Wertpapieren	von	Emittenten	mit	guten ESG-Eigenschaften;
- mindestens 5% seines Vermögens in nachhaltigen (#1A nachhaltig), von denen mindestens 0% ein	ökologisches	Ziel	(das	mit	der	EU-Taxonomie	übereinstimmt), mindestens 1% ein ökologisches Ziel (das nicht mit der EU-Taxonomie übereinstimmt) und mindestens 1% ein Sozialziel haben. Die übrigen nachhaltigen Anlagen des Teilfonds können ein Umwelt- oder Sozialziel verfolgen.

Sonstige Umweltziele 1%
(#1B Sonstige E/S-Eigenschaften) Umfasst Wertpapiere von Emittenten mit guten ESG-Eigenschaften, die aber keine nachhaltigen Anlagen sind.
Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale
50%
#1A Nachhaltige Investitionen
5%
#1B Andere ökologische oder soziale Merkmale
Soziales 1%
#2 Andere Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst Investitionen des Finanzprodukts, die zur Erreichung der beworbenen ökologischen oder sozialen Merkmale getätigt wurden.
#2 Andere Investitionen umfasst die übrigen Investitionen des Finanzprodukts, die weder auf ökologische oder soziale Merkmale ausgerichtet sind noch als nachhaltige Investitionen eingestuft werden.
Die Kategorie #1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst folgende Unterkategorien:
Die Unterkategorie #1A Nachhaltige Investitionen umfasst nachhaltige Investitionen mit ökologischen oder sozialen Zielen.
Die Unterkategorie #1B Andere ökologische oder soziale Merkmale umfasst Investitionen, die auf ökologische oder soziale Merkmale ausgerichtet sind, aber nicht als nachhaltige Investitionen eingestuft werden.
Inwiefern werden durch den Einsatz von Derivaten die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht?
Wenn das einem Derivat zugrunde liegende Wertpapier im Einklang mit dem System für nachhaltiges Investieren von Fidelity gute ESG-Eigenschaften aufweist, darf das Derivat zur Feststellung des Teilfondsanteils berücksichtigt werden, der Umwelt- oder Sozialeigenschaften fördert.
In welchem Mindestmaß sind nachhaltige Investitionen mit einem Umweltziel mit der EU-Taxonomie konform?
Der Teilfonds investiert mindestens 0% in nachhaltige Anlagen mit einem Umweltziel, die mit der EU-Taxonomie konform sind.
Die Konformität der Anlagen des Teilfonds mit der EU-Taxonomie wird nicht durch Wirtschaftsprüfer oder mittels einer Überprüfung durch Dritte sichergestellt.
Die Ausrichtung der zugrunde liegenden Anlagen des Teilfonds an der EU-Taxonomie wird anhand des Umsatzes gemessen.
Investiert das Finanzprodukt in Aktivitäten im Zusammenhang mit fossilem Gas und/oder Kernenergie, die der EU-Taxonomie¹ entsprechen?
- JaNein
- In fossiles Gas	In KernenergieWie hoch ist der Mindestanteil der Investitionen in Übergangstätigkeiten und ermöglichende Tätigkeiten?

Der Teilfonds investiert mindestens 0% in Übergangstätigkeiten und ermöglichende Tätigkeiten.
Wie hoch ist der Mindestanteil nachhaltiger Investitionen mit einem Umweltziel, die nicht mit der EU-Taxonomie konform sind?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Umweltziel, das nicht mit der EU-Taxonomie in Einklang steht.
Wie hoch ist der Mindestanteil der sozial nachhaltigen Investitionen?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Sozialziel.
¹ Tätigkeiten im Bereich fossiles Gas und/oder Kernenergie sind nur dann EU-taxonomiekonform, wenn sie zur Eindämmung des Klimawandels („Klimaschutz“) beitragen und kein Ziel der EU-Taxonomie erheblich beeinträchtigen – siehe Erläuterung am linken Rand. Die vollständigen Kriterien für EU-taxonomiekonforme Wirtschaftstätigkeiten im Bereich fossiles Gas und Kernenergie sind in der Delegierten Verordnung (EU) 2022/1214 der Kommission festgelegt.
wird mit ihnen verfolgt und gibt es einen ökologischen oder sozialen Mindestschutz?
Die verbleibenden Anlagen des Teilfonds erfolgen in Instrumenten, die zum Finanzziel des Teilfonds passen, und für Liquiditätszwecke in liquiden Mitteln und liquiden Mitteln gleichstehenden Mitteln sowie in Derivaten, die als Anlagen und für eine effiziente Portfolioverwaltung eingesetzt werden können.
Zur Gewährleistung eines Mindestmaßes an Umwelt- und Sozialabsicherungen wendet der Teilfonds die Ausschlusskriterien an.

###### Wurde ein Index als Referenzwert bestimmt, um festzustellen, ob dieses Finanzprodukt auf die beworbenen ökologischen und/oder sozialen Merkmale ausgerichtet ist?
Es wird kein bestimmter Index als Referenzbenchmark angegeben, um festzustellen, ob dieses Finanzprodukt zu den geförderten Umwelt- oder Sozialeigenschaften passt.
Bei den Referenzwerten handelt es sich um Indizes, mit denen gemessen wird, ob das Finanzprodukt die beworbenen ökologischen oder sozialen Merkmale erreicht.
Inwiefern ist der Referenzwert kontinuierlich auf die mit dem Finanzprodukt beworbenen ökologischen und sozialen Merkmale ausgerichtet?
Diese Frage ist hier nicht relevant.
Wie wird die kontinuierliche Ausrichtung der Anlagestrategie auf die Indexmethode sichergestellt?
Diese Frage ist hier nicht relevant.
Wie unterscheidet sich der bestimmte Index von einem relevanten breiten Marktindex?
Diese Frage ist hier nicht relevant.
Wo kann die Methode zur Berechnung des bestimmten Indexes eingesehen werden?
Diese Frage ist hier nicht relevant.

###### 	Wo kann ich im Internet weitere produktspezifische Informationen finden?
Weitere produktspezifische Informationen finden Sie auf der Website: https:/www.fidelity.lu/funds/factsheet/LU1345485095/tab-disclosure#SFDR-disclosure. 
Weitere Informationen zu den hier dargelegten Methoden finden Sie auf der Website: System fürnachhaltiges Investieren (fidelityinternational.com).
2019/2088 und Artikel 6 Absatz 1 der Verordnung (EU) 2020/852 genannten Finanzprodukten
Name des Produkts:	Unternehmenskennung (LEI- Code):
Fidelity Funds - Global Bond Fund	GQ0BF6O9W3C24RB7AC25

###### Ökologische und/oder soziale Merkmale
| Werden mit diesem Finanzprodukt nachhaltige Investitionen angestrebt? |
| --- |
|  | - Ja
 |  | Nein |
| - Es wird damit ein MindestanteiI an nachhaltigen Investitionen mit einem Umweltziel getätigt:%
	- in Wirtschaftstätigkeiten, die nach derEU-Taxonomie als ökologisch nachhaltig einzustufen sind

- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie nicht als ökologisch nachhaltig einzustufen sind
- Es wird damit ein Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel getätigt:%
 | Es werden damit ökologische/soziale Merkmale beworben und obwohl keine nachhaltigen Investitionen angestrebt werden, enthält es einen Mindestanteil von 2.5% an nachhaltigen Investitionen. - mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie als ökologisch nachhaltig einzustufen sindmit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie nicht als ökologisch nachhaltig einzustufen sindmit einem sozialen Ziel
- Es	werden		damit	ökologische/soziale Merkmale	beworben,		aber	keinenachhaltigen Investitionen getätigt.
 |

Welche ökologischen und/ oder sozialen Merkmale werden mit diesem Finanzprodukt beworben?
Mit Nachhaltigkeitsin- dikatoren wird gemessen, inwieweit die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht werden.
Der Teilfonds fördert Umwelt- und Sozialeigenschaften, indem er in Wertpapiere von Emittenten mit guten ESG-Eigenschaften investiert. Gute ESG-Eigenschaften werden anhand von ESG-Ratings ermittelt. ESG-Ratings berücksichtigen Umwelteigenschaften wie CO2-Intensität, CO2-Emissionen, Energieeffizienz, Wasser- und Abfallmanagement und Biodiversität sowie Sozialeigenschaften wie Produktsicherheit, Lieferkette, Gesundheit und Sicherheit sowie Menschenrechte.
Der Teilfonds ist in gewissem Maße bestrebt, nachhaltige Anlagen zu tätigen.
Es wird keine Referenzbenchmark festgelegt, um die geförderten Umwelt- und Sozialeigenschaften zu erreichen.
einzelnen ökologischen oder sozialen Merkmale, die durch dieses Finanzprodukt beworben werden, herangezogen?
Der Teilfonds verwendet die folgenden Nachhaltigkeitsindikatoren, um die Ausprägung der von ihm geförderten Umwelt- oder Sozialeigenschaften zu messen:
- der  Prozentsatz des Teilfonds, der in Wertpapieren von Emittenten mit guten ESG-Eigenschaften im Einklang mit dem System für nachhaltiges Investieren von Fidelity investiert ist;
- der Prozentsatz des Teilfonds, der in Wertpapiere von Emittenten investiert ist, auf die Ausschlusskriterien (wie unten definiert) zutreffen;
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen investiert ist; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel bei Wirtschaftsaktivitäten investiert ist, die gemäß der EU-Taxonomie als ökologisch nachhaltig gelten; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel investiert ist.

Welches sind die Ziele der nachhaltigen Investitionen, die mit dem
Finanzprodukt teilweise getätigt werden sollen, und wie trägt die nachhaltige Investition zu diesen Zielen bei?
Für den Teilfonds gilt eine Anlage in folgende Emittenten als nachhaltig:
- Emittenten, die wirtschaftliche Tätigkeiten ausüben, die zu einem oder mehreren der in der EU-Taxonomie festgelegten Umweltziele beitragen und gemäß der EU-Taxonomie als ökologisch nachhaltig gelten; oder
- Emittenten, bei denen der Großteil ihrer Geschäftstätigkeit (mehr als 50% des Umsatzes) zu Umwelt- oder Sozialzielen beiträgt, die mit einem oder mehreren der Ziele der Vereinten Nationen für nachhaltige Entwicklung („SDG“) in Einklang stehen; oder
- Emittenten, die ein Dekarbonisierungsziel festgelegt haben, das mit einem Temperaturanstiegsszenario mit 1,5 Grad oder weniger vereinbar ist (überprüft durch die Science Based Target Initiative oder ein Fidelity Proprietary Climate Rating), das als Beitrag zu Umweltzielen angesehen wird;sofern sie keinen wesentlichen Schaden anrichten, Mindestabsicherungen bieten und gute Governance-Kriterien aufweisen.

teilweise getätigt werden sollen, keinem der ökologischen oder sozialen nachhaltigen Anlageziele erheblich schaden?
Nachhaltige Anlagen werden auf ihre Beteiligung an Aktivitäten überprüft, die erheblichen Schaden und Kontroversen verursachen, und durch eine Kontrolle bewertet, ob der Emittent Mindestabsicherungen und -standards hinsichtlich der wichtigsten nachteiligen Auswirkungen (PAI) sowie eine Leistung bei den PAI-Kennzahlen umsetzt bzw. erfüllt. Dazu gehören:
- Normenbasierte Filterkriterien – das Filtern von Wertpapieren, die gemäß den bestehenden (unten beschriebenen) normenbasierten Ausschlusskriterien von Fidelity ermittelt wurden, anhand von:
- aktivitätsbasierten Filterkriterien – das Filtern von Emittenten auf der Grundlage ihrer Beteiligung an Aktivitäten mit erheblichen negativen Auswirkungen auf die Gesellschaft oder die Umwelt, darunter Körperschaften, bei denen aufgrund der Ausschlusskriterien für Kontroversen eine „sehr gravierende“ Kontroverse vorliegt, die im Bereich
- Umwelt,
- Menschenrechte und Gemeinschaften,
- Arbeitnehmerrechte und Lieferkette,
- Kunden,
- Governance angesiedelt ist; und
	- anhand von PAI-Indikatoren – Quantitative Daten (sofern verfügbar) zu PAI-Indikatoren werden verwendet, um zu bewerten, ob ein Emittent an Aktivitäten beteiligt ist, die einem Umwelt- oder Sozialziel erheblichen Schaden zufügen.


Bei den wichtigsten nachteiligen Auswirkungen handelt es sich um die bedeutendsten nachteiligen Auswirkungen von Investitionsentscheidun- gen auf NachhaItigkeitsfaktoren in den Bereichen Umwelt, Soziales und Beschäftigung, Achtung der Menschenrechte und Bekämpfung von Korruption und Bestechung.
Wie wurden die Indikatoren für nachteilige Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Für nachhaltige Anlagen, wie oben beschrieben, führt Fidelity eine quantitative Bewertung durch, um Emittenten mit einer problematischen Leistung bei PAI-Indikatoren zu ermitteln. Emittenten mit einer niedrigen Punktzahl kommen nur dann für „nachhaltige Anlagen“ infrage, wenn die Fundamentalresearch von Fidelity feststellt, dass der Emittent nicht gegen die Anforderungen verstößt, „keinen wesentlichen Schaden anrichtet“ oder sich auf einem Weg befindet, um die nachteiligen Auswirkungen durch effektives Management oder einen Übergang abzumildern.
Wie stehen die nachhaltigen Investitionen mit den OECD-Leitsätzen für multinationale Unternehmen und den Leitprinzipien der Vereinten Nationen für Wirtschaft und
Menschenrechte in Einklang? Nähere Angaben:
Es werden normenbasierte Filterkriterien angewendet: Emittenten, bei denen festgestellt wurde, dass sie sich nicht in einer Weise verhalten, die ihrer grundlegenden Verantwortung in den Bereichen Menschenrechte, Arbeit, Umwelt und Korruptionsbekämpfung im Einklang mit internationalen Normen gerecht wird, darunter denjenigen, die in den OECD-Leitsätzen für multinationale Unternehmen, den Leitprinzipien der Vereinten Nationen für Wirtschaft und Menschenrechte, dem UN Global Compact (UNGC) und den IAO-Standards der Internationalen Arbeitsorganisation (ILO) festgelegt sind, kommen für nachhaltige Investitionen nicht infrage.
In der EU-Taxonomie ist der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" festgelegt, nach dem taxonomiekonforme Investitionen die Ziele der EU-Taxonomie nicht erheblich beeinträchtigen dürfen, und es sind spezifische EU-Kriterien beigefügt. Der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" findet nur bei denjenigen dem Finanzprodukt zugrunde liegenden Investitionen Anwendung, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten berücksichtigen. Die dem verbleibenden Teil dieses  Finanzprodukts zugrunde  liegenden Investitionen berücksichtigen nicht die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten. Alle anderen nachhaltigen Investitionen dürfen ökologische oder soziale Ziele ebenfalls nicht erheblich beeinträchtigen.

###### Werden bei diesem Finanzprodukt die wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Ja
- NeinDie wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren werden mit Hilfe einer Vielzahl von Instrumenten berücksichtigt und in Anlageentscheidungen einbezogen. Hierzu zählen:
- Due Diligence – Analyse, ob die wichtigsten nachteiligen Auswirkungen (PAI) wesentlich und negativ sind.
- ESG-Rating – Fidelity bezieht sich auf ESG-Ratings, die wesentliche nachteilige Auswirkungen wie CO2-Emissionen, Mitarbeitersicherheit, Bestechung und Korruption sowie Wassermanagement berücksichtigen, und bei den von Staaten ausgegebenen Wertpapieren berücksichtigen die verwendeten Ratings wichtige nachteilige Auswirkungen (PAI) wie CO2-Emissionen, Sozialverstöße und die Meinungsfreiheit.
- Ausschlusskriterien – Bei Direktanlagen in Unternehmen als Emittenten wendet der Teilfonds die (unten definierten) Ausschlusskriterien an, um die wichtigsten nachteiligen Auswirkungen abzumildern. Dazu schließt er schädliche Sektoren aus und verbietet Investitionen in Emittenten, die gegen internationale Standards wie den UNGC verstoßen.
- Mitwirkung – Fidelity nutzt Mitwirkung als ein Instrument, um die wichtigsten nachteiligen Auswirkungen besser zu verstehen und sich unter bestimmten Umständen für die Abmilderung der wichtigsten nachteiligen Auswirkungen einzusetzen. Fidelity beteiligt sich an relevanten individuellen und kollaborativen Arten der Mitwirkung, die auf eine Reihe von wichtigen negativen Auswirkungen abzielen (z. B. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Abstimmungsverhalten – Die Abstimmungspolitik von Fidelity umfasst bei Unternehmen als Emittenten explizite Mindeststandards für die Geschlechtervielfalt im Aufsichtsrat und die Auseinandersetzung mit dem Klimawandel. Fidelity kann auch auf eine Weise abstimmen, dass die wichtigsten nachteiligen Auswirkungen abgemildert werden.
- Vierteljährliche Überprüfungen – Überwachung der wichtigsten nachteiligen Auswirkungen (PAI) durch den vierteljährlichen Überprüfungsprozess des Teilfonds.

Wenn es um die Frage geht, ob Investitionen eine wesentliche nachteilige Auswirkung haben, berücksichtigt Fidelity für jeden Nachhaltigkeitsfaktor spezifische Indikatoren. Diese Indikatoren hängen von der Datenverfügbarkeit ab und können sich mit zunehmender Datenqualität und
-verfügbarkeit weiterentwickeln.
Informationen über die wichtigsten nachteiligen Auswirkungen werden im Jahresbericht des Teilfonds zur Verfügung gestellt.
Die Anlagestrategie dient aIs Richtschnur für Investitionsentscheidun- gen, wobei bestimmte Kriterien wie beispielsweise Investitionsziele oder Risikotoleranz
berücksichtigt werden.
Mindestens 50% des Nettovermögens des Teilfonds werden in Wertpapiere investiert, die gute ESG-Eigenschaften aufweisen.
Ob ESG-Eigenschaften gut sind, wird anhand von ESG-Ratings externer Agenturen und von Fidelity ESG-Ratings ermittelt.
In Bezug auf seine Direktanlagen in Unternehmensemittenten berücksichtigt der Teilfonds:
a) eine unternehmensweite Ausschlussliste, die Streumunition und Antipersonenlandminen umfasst; und
- eine normenbasierte Filterung von Emittenten, die nach Ansicht des Investmentmanagers ihre Geschäfte nicht in Übereinstimmung mit internationalen Normen, darunter den im UNGC festgelegten, durchgeführt haben.

Die oben genannten Ausschluss- und Filterkriterien (die „Ausschlusskriterien“) werden möglicherweise von Zeit zu Zeit aktualisiert. Weitere Informationen erhalten Sie auf der Website Sustainable investing framework (fidelityinternational.com).
Es steht zudem im Ermessen des Investmentmanagers, von Zeit zu Zeit erweiterte, strengere Nachhaltigkeitsanforderungen und Ausschlusskriterien anzuwenden.
Worin bestehen die verbindlichen Elemente der Anlagestrategie, die für die Auswahl der Investitionen zur Erfüllung der beworbenen ökologischen oder sozialen Ziele verwendet werden?
Der Teilfonds investiert:
- mindestens 50% seines Vermögens in Emittenten mit guten ESG-Eigenschaften;
- mindestens 2.5% in nachhaltige Anlagen, von denen mindestens 0% ein Umweltziel verfolgen (das sich an der EU-Taxonomie orientiert), mindestens 1% ein Umweltziel (das sich nicht an der EU-Taxonomie orientiert) und mindestens 1% ein Sozialziel.

Darüber hinaus wird der Teilfonds systematisch die oben beschriebenen Ausschlusskriterien anwenden.
Um welchen Mindestsatz wird der Umfang der vor der Anwendung dieser Anlagestrategie in Betracht gezogenen Investitionen reduziert?
Diese Frage ist hier nicht relevant.
Die Verfahrensweisen einer guten
Unternehmensführung umfassen solide Managementstrukturen, die Beziehungen zu den Arbeitnehmern, die Vergütung von Mitarbeitern sowie die Einhaltung der Steuervorschriften.
Wie werden die Verfahrensweisen einer guten Unternehmensführung der Unternehmen, in die investiert wird, bewertet?
Die Governance-Praktiken der Emittenten werden anhand von Fundamentalresearch bewertet, darunter im Rahmen der von externen Agenturen oder Fidelity bereitgestellten ESG-Ratings.
Zu den wichtigsten der analysierten Fragen gehören die Erfolgsbilanz hinsichtlich: Kapitalallokation, finanzieller Transparenz, Transaktionen mit nahestehenden Unternehmen und Personen, Unabhängigkeit und Größe des Vorstands, Vergütung von Führungskräften, Wirtschaftsprüfung und interner Revision, Rechte der Minderheitsaktionäre und anderer Indikatoren. Für staatliche Emittenten werden Faktoren wie Korruption und Meinungsfreiheit einbezogen.
Die Vermögensallokation gibt den jeweiligen Anteil der Investitionen in bestimmte Vermögenswerte an.
Taxonomiekonforme Tätigkeiten, ausgedrückt durch den Anteil der:
- Umsatzerlöse, die den Anteil der Einnahmen aus umweltfreundlichenAktivitäten der Unternehmen, in die investiert wird, widerspiegeln
- Investitionsausgaben (CapEx), die die umweltfreundlichen Investitionen der Unternehmen, in die investiert wird, aufzeigen,z.B. für den Übergang zu einer grünen Wirtschaft- Betriebsausgaben (OpEx), die die umweltfreundlichenbetrieblichen Aktivitäten der Unternehmen, in die investiert wird, widerspiegeln(#1 Ausgerichtet an E/S-Eigenschaften) Der Teilfonds investiert:
- mindestens 50% seines	Vermögens	in	Wertpapieren	von	Emittenten	mit	guten ESG-Eigenschaften;
- mindestens 2.5% seines Vermögens in nachhaltigen (#1A nachhaltig), von denen mindestens 0% ein	ökologisches	Ziel	(das	mit	der	EU-Taxonomie	übereinstimmt), mindestens 1% ein ökologisches Ziel (das nicht mit der EU-Taxonomie übereinstimmt) und mindestens 1% ein Sozialziel haben. Die übrigen nachhaltigen Anlagen des Teilfonds können ein Umwelt- oder Sozialziel verfolgen.

Sonstige Umweltziele 1%
(#1B Sonstige E/S-Eigenschaften) Umfasst Wertpapiere von Emittenten mit guten ESG-Eigenschaften, die aber keine nachhaltigen Anlagen sind.
Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale
50%
#1A Nachhaltige Investitionen 2.5%
#1B Andere ökologische oder soziale Merkmale
Soziales 1%
#2 Andere Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst Investitionen des Finanzprodukts, die zur Erreichung der beworbenen ökologischen oder sozialen Merkmale getätigt wurden.
#2 Andere Investitionen umfasst die übrigen Investitionen des Finanzprodukts, die weder auf ökologische oder soziale Merkmale ausgerichtet sind noch als nachhaltige Investitionen eingestuft werden.
Die Kategorie #1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst folgende Unterkategorien:
Die Unterkategorie #1A Nachhaltige Investitionen umfasst nachhaltige Investitionen mit ökologischen oder sozialen Zielen.
Die Unterkategorie #1B Andere ökologische oder soziale Merkmale umfasst Investitionen, die auf ökologische oder soziale Merkmale ausgerichtet sind, aber nicht als nachhaltige Investitionen eingestuft werden.
Inwiefern werden durch den Einsatz von Derivaten die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht?
Wenn das einem Derivat zugrunde liegende Wertpapier im Einklang mit dem System für nachhaltiges Investieren von Fidelity gute ESG-Eigenschaften aufweist, darf das Derivat zur Feststellung des Teilfondsanteils berücksichtigt werden, der Umwelt- oder Sozialeigenschaften fördert.
In welchem Mindestmaß sind nachhaltige Investitionen mit einem Umweltziel mit der EU-Taxonomie konform?
Der Teilfonds investiert mindestens 0% in nachhaltige Anlagen mit einem Umweltziel, die mit der EU-Taxonomie konform sind.
Die Konformität der Anlagen des Teilfonds mit der EU-Taxonomie wird nicht durch Wirtschaftsprüfer oder mittels einer Überprüfung durch Dritte sichergestellt.
Die Ausrichtung der zugrunde liegenden Anlagen des Teilfonds an der EU-Taxonomie wird anhand des Umsatzes gemessen.
Investiert das Finanzprodukt in Aktivitäten im Zusammenhang mit fossilem Gas und/oder Kernenergie, die der EU-Taxonomie¹ entsprechen?
- JaNein
- In fossiles Gas	In KernenergieWie hoch ist der Mindestanteil der Investitionen in Übergangstätigkeiten und ermöglichende Tätigkeiten?

Der Teilfonds investiert mindestens 0% in Übergangstätigkeiten und ermöglichende Tätigkeiten.
Wie hoch ist der Mindestanteil nachhaltiger Investitionen mit einem Umweltziel, die nicht mit der EU-Taxonomie konform sind?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Umweltziel, das nicht mit der EU-Taxonomie konform ist.
Die Anlagen können zwar mit der EU-Taxonomie konform sein, aber der Investmentmanager ist derzeit nicht in der Lage, den genauen Anteil der Anlagen des Teilfonds anzugeben, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftstätigkeiten berücksichtigen. Die Position wird jedoch weiterhin überprüft, wenn die zugrunde liegenden Regeln festgelegt sind und im Laufe der Zeit mehr zuverlässige Daten zur Verfügung stehen.
¹ Tätigkeiten im Bereich fossiles Gas und/oder Kernenergie sind nur dann EU-taxonomiekonform, wenn sie zur Eindämmung des Klimawandels („Klimaschutz“) beitragen und kein Ziel der EU-Taxonomie erheblich beeinträchtigen – siehe Erläuterung am linken Rand. Die vollständigen Kriterien für EU-taxonomiekonforme Wirtschaftstätigkeiten im Bereich fossiles Gas und Kernenergie sind in der Delegierten Verordnung (EU) 2022/1214 der Kommission festgelegt.
Wie hoch ist der Mindestanteil der sozial nachhaltigen Investitionen?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Sozialziel.
Welche Investitionen fallen unter ,,#2 Andere Investitionen", welcher Anlagezweck wird mit ihnen verfolgt und gibt es einen ökologischen oder sozialen Mindestschutz?
Die verbleibenden Anlagen des Teilfonds erfolgen in Instrumenten, die zum Finanzziel des Teilfonds passen, und für Liquiditätszwecke in liquiden Mitteln und liquiden Mitteln gleichstehenden Mitteln sowie in Derivaten, die als Anlagen und für eine effiziente Portfolioverwaltung eingesetzt werden können.
Zur Gewährleistung eines Mindestmaßes an Umwelt- und Sozialabsicherungen wendet der Teilfonds die Ausschlusskriterien an.

###### Wurde ein Index als Referenzwert bestimmt, um festzustellen, ob dieses Finanzprodukt auf die beworbenen ökologischen und/oder sozialen Merkmale ausgerichtet ist?
Es wird kein bestimmter Index als Referenzbenchmark angegeben, um festzustellen, ob dieses Finanzprodukt zu den geförderten Umwelt- oder Sozialeigenschaften passt.
Bei den Referenzwerten handelt es sich um Indizes, mit denen gemessen wird, ob das Finanzprodukt die beworbenen ökologischen oder sozialen Merkmale erreicht.
Inwiefern ist der Referenzwert kontinuierlich auf die mit dem Finanzprodukt beworbenen ökologischen und sozialen Merkmale ausgerichtet?
Diese Frage ist hier nicht relevant.
Wie wird die kontinuierliche Ausrichtung der Anlagestrategie auf die Indexmethode sichergestellt?
Diese Frage ist hier nicht relevant.
Wie unterscheidet sich der bestimmte Index von einem relevanten breiten Marktindex?
Diese Frage ist hier nicht relevant.
Wo kann die Methode zur Berechnung des bestimmten Indexes eingesehen werden?
Diese Frage ist hier nicht relevant.

###### 	Wo kann ich im Internet weitere produktspezifische Informationen finden?
Weitere produktspezifische Informationen finden Sie auf der Website: https:/www.fidelity.lu/funds/factsheet/LU0261946288/tab-disclosure#SFDR-disclosure. 
Weitere Informationen zu den hier dargelegten Methoden finden Sie auf der Website: System fürnachhaltiges Investieren (fidelityinternational.com).
Vorvertragliche Informationen zu den in Artikel 8 Absätze 1, 2 und 2a der Verordnung (EU) 2019/2088 und Artikel 6 Absatz 1 der Verordnung (EU) 2020/852 genannten Finanzprodukten
Name des Produkts:	Unternehmenskennung (LEI- Code):
Fidelity Funds - Global Corporate Bond Fund	E1PSUJKP1HSFQL89GJ11

###### Ökologische und/oder soziale Merkmale
| Werden mit diesem Finanzprodukt nachhaltige Investitionen angestrebt? |
| --- |
|  | - Ja
 |  | Nein |
| - Es wird damit ein MindestanteiI an nachhaltigen Investitionen mit einem Umweltziel getätigt:%
	- in Wirtschaftstätigkeiten, die nach derEU-Taxonomie als ökologisch nachhaltig einzustufen sind

- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie nicht als ökologisch nachhaltig einzustufen sind
- Es wird damit ein Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel getätigt:%
 | Es werden damit ökologische/soziale Merkmale beworben und obwohl keine nachhaltigen Investitionen angestrebt werden, enthält es einen Mindestanteil von 5% an nachhaltigen Investitionen. mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie als ökologisch nachhaltig einzustufen sind mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie nicht als ökologisch nachhaltig einzustufen sind mit einem sozialen Ziel - Es	werden		damit	ökologische/soziale Merkmale	beworben,		aber	keinenachhaltigen Investitionen getätigt.
 |

Welche ökologischen und/ oder sozialen Merkmale werden mit diesem Finanzprodukt beworben?
Mit Nachhaltigkeitsin- dikatoren wird gemessen, inwieweit die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht werden.
Der Teilfonds fördert Umwelt- und Sozialeigenschaften, indem er in Wertpapiere von Emittenten mit guten ESG-Eigenschaften investiert. Gute ESG-Eigenschaften werden anhand von ESG-Ratings ermittelt. ESG-Ratings berücksichtigen Umwelteigenschaften wie CO2-Intensität, CO2-Emissionen, Energieeffizienz, Wasser- und Abfallmanagement und Biodiversität sowie Sozialeigenschaften wie Produktsicherheit, Lieferkette, Gesundheit und Sicherheit sowie Menschenrechte.
Der Teilfonds ist in gewissem Maße bestrebt, nachhaltige Anlagen zu tätigen.
Es wird keine Referenzbenchmark festgelegt, um die geförderten Umwelt- und Sozialeigenschaften zu erreichen.
einzelnen ökologischen oder sozialen Merkmale, die durch dieses Finanzprodukt beworben werden, herangezogen?
Der Teilfonds verwendet die folgenden Nachhaltigkeitsindikatoren, um die Ausprägung der von ihm geförderten Umwelt- oder Sozialeigenschaften zu messen:
- der  Prozentsatz des Teilfonds, der in Wertpapieren von Emittenten mit guten ESG-Eigenschaften im Einklang mit dem System für nachhaltiges Investieren von Fidelity investiert ist;
- in Bezug auf seine Direktanlagen der Prozentsatz des Teilfonds, der in Wertpapiere von Emittenten investiert ist, auf die Ausschlusskriterien (wie unten definiert) zutreffen;
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen investiert ist; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel bei Wirtschaftsaktivitäten investiert ist, die gemäß der EU-Taxonomie als ökologisch nachhaltig gelten;
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel bei Wirtschaftsaktivitäten investiert ist, die gemäß der EU-Taxonomie nicht als ökologisch nachhaltig gelten; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel investiert ist.

Welches sind die Ziele der nachhaltigen Investitionen, die mit dem
Finanzprodukt teilweise getätigt werden sollen, und wie trägt die nachhaltige Investition zu diesen Zielen bei?
Für den Teilfonds gilt eine Anlage in folgende Emittenten als nachhaltig:
- Emittenten, die wirtschaftliche Tätigkeiten ausüben, die zu einem oder mehreren der in der EU-Taxonomie festgelegten Umweltziele beitragen und gemäß der EU-Taxonomie als ökologisch nachhaltig gelten; oder
- Emittenten, bei denen der Großteil ihrer Geschäftstätigkeit (mehr als 50% des Umsatzes) zu Umwelt- oder Sozialzielen beiträgt, die mit einem oder mehreren der Ziele der Vereinten Nationen für nachhaltige Entwicklung („SDG“) in Einklang stehen; oder
- Emittenten, die ein Dekarbonisierungsziel festgelegt haben, das mit einem Temperaturanstiegsszenario mit 1,5 Grad oder weniger vereinbar ist (überprüft durch die Science Based Target Initiative oder ein Fidelity Proprietary Climate Rating), das als Beitrag zu Umweltzielen angesehen wird;sofern sie keinen wesentlichen Schaden anrichten, Mindestabsicherungen bieten und gute Governance-Kriterien aufweisen.

teilweise getätigt werden sollen, keinem der ökologischen oder sozialen nachhaltigen Anlageziele erheblich schaden?
Nachhaltige Anlagen werden auf ihre Beteiligung an Aktivitäten überprüft, die erheblichen Schaden und Kontroversen verursachen, und durch eine Kontrolle bewertet, ob der Emittent Mindestabsicherungen und -standards hinsichtlich der wichtigsten nachteiligen Auswirkungen (PAI) sowie die Leistung bei den PAI-Kennzahlen umsetzt bzw. erfüllt. Dazu gehören:
- Normenbasierte Filterkriterien – das Filtern von Wertpapieren, die gemäß den bestehenden (unten beschriebenen) normenbasierten Filterkriterien von Fidelity ermittelt wurden, anhand von:
- aktivitätsbasierten Filterkriterien – das Filtern von Emittenten auf der Grundlage ihrer Beteiligung an Aktivitäten mit erheblichen negativen Auswirkungen auf die Gesellschaft oder die Umwelt, darunter Emittenten, bei denen aufgrund der Filterkriterien für Kontroversen eine„sehr gravierende“ Kontroverse vorliegt, die im Bereich
- Umwelt,
- Menschenrechte und Gemeinschaften,
- Arbeitnehmerrechte und Lieferkette,
- Kunden,
- Governance angesiedelt ist; und anhand von
	- PAI-Indikatoren. Quantitative Daten (sofern verfügbar) zu PAI-Indikatoren werden verwendet, um zu bewerten, ob ein Emittent an Aktivitäten beteiligt ist, die einem Umwelt- oder Sozialziel erheblichen Schaden zufügen.


Bei den wichtigsten nachteiligen Auswirkungen handelt es sich um die bedeutendsten nachteiligen Auswirkungen von Investitionsentscheidun- gen auf NachhaItigkeitsfaktoren in den Bereichen Umwelt, Soziales und Beschäftigung, Achtung der Menschenrechte und Bekämpfung von Korruption und Bestechung.
Wie wurden die Indikatoren für nachteilige Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Für nachhaltige Anlagen, wie oben beschrieben, führt Fidelity eine quantitative Bewertung durch, um Emittenten mit einer problematischen Leistung bei PAI-Indikatoren zu ermitteln. Emittenten mit einer niedrigen Punktzahl kommen nur dann für „nachhaltige Anlagen“ infrage, wenn die Fundamentalresearch von Fidelity feststellt, dass der Emittent nicht gegen die Anforderungen verstößt, „keinen wesentlichen Schaden anrichtet“ oder sich auf einem Weg befindet, um die nachteiligen Auswirkungen durch effektives Management oder einen Übergang abzumildern.
Wie stehen die nachhaltigen Investitionen mit den OECD-Leitsätzen für multinationale Unternehmen und den Leitprinzipien der Vereinten Nationen für Wirtschaft und
Menschenrechte in Einklang? Nähere Angaben:
Es werden normenbasierte Filterkriterien angewendet: Emittenten, bei denen festgestellt wurde, dass sie sich nicht in einer Weise verhalten, die ihrer grundlegenden Verantwortung in den Bereichen Menschenrechte, Arbeit, Umwelt und Korruptionsbekämpfung im Einklang mit internationalen Normen gerecht wird, darunter denjenigen, die in den OECD-Leitsätzen für multinationale Unternehmen, den Leitprinzipien der Vereinten Nationen für Wirtschaft und Menschenrechte, dem UN Global Compact (UNGC) und den IAO-Standards der Internationalen Arbeitsorganisation (ILO) festgelegt sind, kommen für nachhaltige Investitionen nicht infrage.
In der EU-Taxonomie ist der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" festgelegt, nach dem taxonomiekonforme Investitionen die Ziele der EU-Taxonomie nicht erheblich beeinträchtigen dürfen, und es sind spezifische EU-Kriterien beigefügt. Der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" findet nur bei denjenigen dem Finanzprodukt zugrunde liegenden Investitionen Anwendung, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten berücksichtigen. Die dem verbleibenden Teil dieses  Finanzprodukts zugrunde  liegenden Investitionen berücksichtigen nicht die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten. Alle anderen nachhaltigen Investitionen dürfen ökologische oder soziale Ziele ebenfalls nicht erheblich beeinträchtigen.

###### Werden bei diesem Finanzprodukt die wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Ja
- NeinDie wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren werden mit Hilfe einer Vielzahl von Instrumenten berücksichtigt und in Anlageentscheidungen einbezogen. Hierzu zählen:
- Due Diligence – Analyse, ob die wichtigsten nachteiligen Auswirkungen (PAI) wesentlich und negativ sind.
- ESG-Rating – Fidelity bezieht sich auf ESG-Ratings, die wesentliche nachteilige Auswirkungen wie CO2-Emissionen, Mitarbeitersicherheit, Bestechung und Korruption sowie Wassermanagement berücksichtigen, und bei den von Staaten ausgegebenen Wertpapieren berücksichtigen die verwendeten Ratings wichtige nachteilige Auswirkungen (PAI) wie CO2-Emissionen, Sozialverstöße und die Meinungsfreiheit.
- Ausschlusskriterien – Bei Direktanlagen in Unternehmen als Emittenten wendet der Teilfonds die (unten definierten) Ausschlusskriterien an, um die wichtigsten nachteiligen Auswirkungen abzumildern. Dazu schließt er schädliche Sektoren aus und verbietet Investitionen in Emittenten, die gegen internationale Standards wie den UNGC verstoßen.
- Mitwirkung – Fidelity nutzt Mitwirkung als ein Instrument, um die wichtigsten nachteiligen Auswirkungen besser zu verstehen und sich unter bestimmten Umständen für die Abmilderung der wichtigsten nachteiligen Auswirkungen einzusetzen. Fidelity beteiligt sich an relevanten individuellen und kollaborativen Arten der Mitwirkung, die auf eine Reihe von wichtigen negativen Auswirkungen abzielen (z. B. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Abstimmungsverhalten – Die Abstimmungspolitik von Fidelity umfasst bei Unternehmen als Emittenten explizite Mindeststandards für die Geschlechtervielfalt im Aufsichtsrat und die Auseinandersetzung mit dem Klimawandel. Fidelity kann auch auf eine Weise abstimmen, dass die wichtigsten nachteiligen Auswirkungen abgemildert werden.
- Vierteljährliche Überprüfungen – Überwachung der wichtigsten nachteiligen Auswirkungen (PAI) durch den vierteljährlichen Überprüfungsprozess des Teilfonds.

Wenn es um die Frage geht, ob Investitionen eine wesentliche nachteilige Auswirkung haben, berücksichtigt Fidelity für jeden Nachhaltigkeitsfaktor spezifische Indikatoren. Diese Indikatoren hängen von der Datenverfügbarkeit ab und können sich mit zunehmender Datenqualität und
-verfügbarkeit weiterentwickeln.
Informationen über die wichtigsten nachteiligen Auswirkungen werden im Jahresbericht des Teilfonds zur Verfügung gestellt.
Die Anlagestrategie dient aIs Richtschnur für Investitionsentscheidun- gen, wobei bestimmte Kriterien wie beispielsweise Investitionsziele oder Risikotoleranz
berücksichtigt werden.
Mindestens 50% des Nettovermögens des Teilfonds werden in Wertpapiere investiert, die gute ESG-Eigenschaften aufweisen.
Ob ESG-Eigenschaften gut sind, wird anhand von ESG-Ratings externer Agenturen und von Fidelity ESG-Ratings ermittelt.
In Bezug auf seine Direktanlagen in Unternehmensemittenten berücksichtigt der Teilfonds:
a) eine unternehmensweite Ausschlussliste, die Streumunition und Antipersonenlandminen umfasst; und
- eine normenbasierte Filterung von Emittenten, die nach Ansicht des Investmentmanagers ihre Geschäfte nicht in Übereinstimmung mit internationalen Normen, darunter den im UNGC festgelegten, durchgeführt haben.

Die oben genannten Ausschluss- und Filterkriterien (die „Ausschlusskriterien“) werden möglicherweise von Zeit zu Zeit aktualisiert. Weitere Informationen erhalten Sie auf der Website Sustainable investing framework (fidelityinternational.com).
Es steht zudem im Ermessen des Investmentmanagers, von Zeit zu Zeit erweiterte, strengere Nachhaltigkeitsanforderungen und Ausschlusskriterien anzuwenden.
Worin bestehen die verbindlichen Elemente der Anlagestrategie, die für die Auswahl der Investitionen zur Erfüllung der beworbenen ökologischen oder sozialen Ziele verwendet werden?
Der Teilfonds investiert:
- mindestens 50% seines Vermögens in Emittenten mit guten ESG-Eigenschaften;
- mindestens 5% in nachhaltige Anlagen, von denen mindestens 0.5% ein Umweltziel verfolgen (das sich an der EU-Taxonomie orientiert), mindestens 1% ein Umweltziel (das sich nicht an der EU-Taxonomie orientiert) und mindestens 1% ein Sozialziel.

Darüber hinaus wird der Teilfonds systematisch die oben beschriebenen Ausschlusskriterien anwenden.
Um welchen Mindestsatz wird der Umfang der vor der Anwendung dieser Anlagestrategie in Betracht gezogenen Investitionen reduziert?
Diese Frage ist hier nicht relevant.
Die Verfahrensweisen einer guten
Unternehmensführung umfassen solide Managementstrukturen, die Beziehungen zu den Arbeitnehmern, die Vergütung von Mitarbeitern sowie die Einhaltung der Steuervorschriften.
Wie werden die Verfahrensweisen einer guten Unternehmensführung der Unternehmen, in die investiert wird, bewertet?
Die Governance-Praktiken der Emittenten werden anhand von Fundamentalresearch bewertet, darunter im Rahmen der von externen Agenturen oder Fidelity bereitgestellten ESG-Ratings.
Zu den wichtigsten der analysierten Fragen gehören die Erfolgsbilanz hinsichtlich: Kapitalallokation, finanzieller Transparenz, Transaktionen mit nahestehenden Unternehmen und Personen, Unabhängigkeit und Größe des Vorstands, Vergütung von Führungskräften, Wirtschaftsprüfung und interner Revision, Rechte der Minderheitsaktionäre und anderer Indikatoren. Für staatliche Emittenten werden Faktoren wie Korruption und Meinungsfreiheit einbezogen.
Die Vermögensallokation gibt den jeweiligen Anteil der Investitionen in bestimmte Vermögenswerte an.
Taxonomiekonforme Tätigkeiten, ausgedrückt durch den Anteil der:
- Umsatzerlöse, die den Anteil der Einnahmen aus umweltfreundlichenAktivitäten der Unternehmen, in die investiert wird, widerspiegeln
- Investitionsausgaben (CapEx), die die umweltfreundlichen Investitionen der Unternehmen, in die investiert wird, aufzeigen,z.B. für den Übergang zu einer grünen Wirtschaft- Betriebsausgaben (OpEx), die die umweltfreundlichenbetrieblichen Aktivitäten der Unternehmen, in die investiert wird, widerspiegeln(#1 Ausgerichtet an E/S-Eigenschaften) Der Teilfonds investiert:
- mindestens 50% seines	Vermögens	in	Wertpapieren	von	Emittenten	mit	guten ESG-Eigenschaften;
- mindestens 5% seines Vermögens in nachhaltigen (#1A nachhaltig), von denen mindestens 0.5% ein	ökologisches	Ziel	(das mit der	EU-Taxonomie	übereinstimmt), mindestens 1% ein ökologisches Ziel (das nicht mit der EU-Taxonomie übereinstimmt) und mindestens 1% ein Sozialziel haben. Die übrigen nachhaltigen Anlagen des Teilfonds können ein Umwelt- oder Sozialziel verfolgen.

(#1B Sonstige E/S-Eigenschaften) Umfasst Wertpapiere von Emittenten mit guten ESG-Eigenschaften, die aber keine nachhaltigen Anlagen sind.
Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale
50%
#2 Andere Investitionen
#1A Nachhaltige Investitionen
5%
#1B Andere ökologische oder soziale Merkmale
Taxonomiekonform 0.5%
Sonstige Umweltziele 1%
Soziales 1%
#1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst Investitionen des Finanzprodukts, die zur Erreichung der beworbenen ökologischen oder sozialen Merkmale getätigt wurden.
#2 Andere Investitionen umfasst die übrigen Investitionen des Finanzprodukts, die weder auf ökologische oder soziale Merkmale ausgerichtet sind noch als nachhaltige Investitionen eingestuft werden.
Die Kategorie #1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst folgende Unterkategorien:
Die Unterkategorie #1A Nachhaltige Investitionen umfasst nachhaltige Investitionen mit ökologischen oder sozialen Zielen.
Die Unterkategorie #1B Andere ökologische oder soziale Merkmale umfasst Investitionen, die auf ökologische oder soziale Merkmale ausgerichtet sind, aber nicht als nachhaltige Investitionen eingestuft werden.
Inwiefern werden durch den Einsatz von Derivaten die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht?
Wenn das einem Derivat zugrunde liegende Wertpapier im Einklang mit dem System für nachhaltiges Investieren von Fidelity gute ESG-Eigenschaften aufweist, darf das Derivat zur Feststellung des Teilfondsanteils berücksichtigt werden, der Umwelt- oder Sozialeigenschaften fördert.
In welchem Mindestmaß sind nachhaltige Investitionen mit einem Umweltziel mit der EU-Taxonomie konform?
Der Teilfonds investiert mindestens 0.5% in nachhaltige Anlagen mit einem Umweltziel, die mit der EU-Taxonomie konform sind.
Die Konformität der Anlagen des Teilfonds mit der EU-Taxonomie wird nicht durch Wirtschaftsprüfer oder mittels einer Überprüfung durch Dritte sichergestellt.
Die Ausrichtung der zugrunde liegenden Anlagen des Teilfonds an der EU-Taxonomie wird anhand des Umsatzes gemessen.
Investiert das Finanzprodukt in Aktivitäten im Zusammenhang mit fossilem Gas und/oder Kernenergie, die der EU-Taxonomie¹ entsprechen?
- JaNein
- In fossiles Gas	In KernenergieWie hoch ist der Mindestanteil der Investitionen in Übergangstätigkeiten und ermöglichende Tätigkeiten?

Der Teilfonds investiert mindestens 0% in Übergangstätigkeiten und ermöglichende Tätigkeiten.
Wie hoch ist der Mindestanteil nachhaltiger Investitionen mit einem Umweltziel, die nicht mit der EU-Taxonomie konform sind?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Umweltziel, das nicht mit der EU-Taxonomie konform ist.
Die Anlagen können zwar mit der EU-Taxonomie konform sein, aber der Investmentmanager ist derzeit nicht in der Lage, den genauen Anteil der Anlagen des Teilfonds anzugeben, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftstätigkeiten berücksichtigen. Die Position wird jedoch weiterhin überprüft, wenn die zugrunde liegenden Regeln festgelegt sind und im Laufe der Zeit mehr zuverlässige Daten zur Verfügung stehen.
¹ Tätigkeiten im Bereich fossiles Gas und/oder Kernenergie sind nur dann EU-taxonomiekonform, wenn sie zur Eindämmung des Klimawandels („Klimaschutz“) beitragen und kein Ziel der EU-Taxonomie erheblich beeinträchtigen – siehe Erläuterung am linken Rand. Die vollständigen Kriterien für EU-taxonomiekonforme Wirtschaftstätigkeiten im Bereich fossiles Gas und Kernenergie sind in der Delegierten Verordnung (EU) 2022/1214 der Kommission festgelegt.
Wie hoch ist der Mindestanteil der sozial nachhaltigen Investitionen?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Sozialziel.
Welche Investitionen fallen unter ,,#2 Andere Investitionen", welcher Anlagezweck wird mit ihnen verfolgt und gibt es einen ökologischen oder sozialen Mindestschutz?
Die verbleibenden Anlagen des Teilfonds erfolgen in Instrumenten, die zum Finanzziel des Teilfonds passen, und für Liquiditätszwecke in liquiden Mitteln und liquiden Mitteln gleichstehenden Mitteln sowie in Derivaten, die als Anlagen und für eine effiziente Portfolioverwaltung eingesetzt werden können.
Zur Gewährleistung eines Mindestmaßes an Umwelt- und Sozialabsicherungen wendet der Teilfonds die Ausschlusskriterien an.

###### Wurde ein Index als Referenzwert bestimmt, um festzustellen, ob dieses Finanzprodukt auf die beworbenen ökologischen und/oder sozialen Merkmale ausgerichtet ist?
Es wird kein bestimmter Index als Referenzbenchmark angegeben, um festzustellen, ob dieses Finanzprodukt zu den geförderten Umwelt- oder Sozialeigenschaften passt.
Bei den Referenzwerten handelt es sich um Indizes, mit denen gemessen wird, ob das Finanzprodukt die beworbenen ökologischen oder sozialen Merkmale erreicht.
Inwiefern ist der Referenzwert kontinuierlich auf die mit dem Finanzprodukt beworbenen ökologischen und sozialen Merkmale ausgerichtet?
Diese Frage ist hier nicht relevant.
Wie wird die kontinuierliche Ausrichtung der Anlagestrategie auf die Indexmethode sichergestellt?
Diese Frage ist hier nicht relevant.
Wie unterscheidet sich der bestimmte Index von einem relevanten breiten Marktindex?
Diese Frage ist hier nicht relevant.
Wo kann die Methode zur Berechnung des bestimmten Indexes eingesehen werden?
Diese Frage ist hier nicht relevant.

###### 	Wo kann ich im Internet weitere produktspezifische Informationen finden?
Weitere produktspezifische Informationen finden Sie auf der Website: https:/www.fidelity.lu/funds/factsheet/LU0532243267/tab-disclosure#SFDR-disclosure. 
Weitere Informationen zu den hier dargelegten Methoden finden Sie auf der Website: System fürnachhaltiges Investieren (fidelityinternational.com).
Vorvertragliche Informationen zu den in Artikel 8 Absätze 1, 2 und 2a der Verordnung (EU) 2019/2088 und Artikel 6 Absatz 1 der Verordnung (EU) 2020/852 genannten Finanzprodukten
Name des Produkts:	Unternehmenskennung (LEI- Code):
Fidelity Funds - Global Hybrids Bond Fund	549300BKJXZO8Z8K9S85

###### Ökologische und/oder soziale Merkmale
| Werden mit diesem Finanzprodukt nachhaltige Investitionen angestrebt? |
| --- |
|  | - Ja
 |  | Nein |
| - Es wird damit ein MindestanteiI an nachhaltigen Investitionen mit einem Umweltziel getätigt:%
	- in Wirtschaftstätigkeiten, die nach derEU-Taxonomie als ökologisch nachhaltig einzustufen sind

- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie nicht als ökologisch nachhaltig einzustufen sind
- Es wird damit ein Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel getätigt:%
 | Es werden damit ökologische/soziale Merkmale beworben und obwohl keine nachhaltigen Investitionen angestrebt werden, enthält es einen Mindestanteil von 5% an nachhaltigen Investitionen. mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie als ökologisch nachhaltig einzustufen sind mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie nicht als ökologisch nachhaltig einzustufen sind mit einem sozialen Ziel - Es	werden		damit	ökologische/soziale Merkmale	beworben,		aber	keinenachhaltigen Investitionen getätigt.
 |

Welche ökologischen und/ oder sozialen Merkmale werden mit diesem Finanzprodukt beworben?
Mit Nachhaltigkeitsin- dikatoren wird gemessen, inwieweit die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht werden.
Der Teilfonds fördert Umwelt- und Sozialeigenschaften, indem er in Wertpapiere von Emittenten mit guten ESG-Eigenschaften investiert. Gute ESG-Eigenschaften werden anhand von ESG-Ratings ermittelt. ESG-Ratings berücksichtigen Umwelteigenschaften wie CO2-Intensität, CO2-Emissionen, Energieeffizienz, Wasser- und Abfallmanagement und Biodiversität sowie Sozialeigenschaften wie Produktsicherheit, Lieferkette, Gesundheit und Sicherheit sowie Menschenrechte.
Der Teilfonds ist in gewissem Maße bestrebt, nachhaltige Anlagen zu tätigen.
Es wird keine Referenzbenchmark festgelegt, um die geförderten Umwelt- und Sozialeigenschaften zu erreichen.
einzelnen ökologischen oder sozialen Merkmale, die durch dieses Finanzprodukt beworben werden, herangezogen?
Der Teilfonds verwendet die folgenden Nachhaltigkeitsindikatoren, um die Ausprägung der von ihm geförderten Umwelt- oder Sozialeigenschaften zu messen:
- der  Prozentsatz des Teilfonds, der in Wertpapieren von Emittenten mit guten ESG-Eigenschaften im Einklang mit dem System für nachhaltiges Investieren von Fidelity investiert ist;
- in Bezug auf seine Direktanlagen der Prozentsatz des Teilfonds, der in Wertpapiere von Emittenten investiert ist, auf die Ausschlusskriterien (wie unten definiert) zutreffen;
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen investiert ist; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel bei Wirtschaftsaktivitäten investiert ist, die gemäß der EU-Taxonomie als ökologisch nachhaltig gelten;
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel bei Wirtschaftsaktivitäten investiert ist, die gemäß der EU-Taxonomie nicht als ökologisch nachhaltig gelten; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel investiert ist.

Welches sind die Ziele der nachhaltigen Investitionen, die mit dem
Finanzprodukt teilweise getätigt werden sollen, und wie trägt die nachhaltige Investition zu diesen Zielen bei?
Für den Teilfonds gilt eine Anlage in folgende Emittenten als nachhaltig:
- Emittenten, die wirtschaftliche Tätigkeiten ausüben, die zu einem oder mehreren der in der EU-Taxonomie festgelegten Umweltziele beitragen und gemäß der EU-Taxonomie als ökologisch nachhaltig gelten; oder
- Emittenten, bei denen der Großteil ihrer Geschäftstätigkeit (mehr als 50% des Umsatzes) zu Umwelt- oder Sozialzielen beiträgt, die mit einem oder mehreren der Ziele der Vereinten Nationen für nachhaltige Entwicklung („SDG“) in Einklang stehen; oder
- Emittenten, die ein Dekarbonisierungsziel festgelegt haben, das mit einem Temperaturanstiegsszenario mit 1,5 Grad oder weniger vereinbar ist (überprüft durch die Science Based Target Initiative oder ein Fidelity Proprietary Climate Rating), das als Beitrag zu Umweltzielen angesehen wird;sofern sie keinen wesentlichen Schaden anrichten, Mindestabsicherungen bieten und gute Governance-Kriterien aufweisen.

teilweise getätigt werden sollen, keinem der ökologischen oder sozialen nachhaltigen Anlageziele erheblich schaden?
Nachhaltige Anlagen werden auf ihre Beteiligung an Aktivitäten überprüft, die erheblichen Schaden und Kontroversen verursachen, und durch eine Kontrolle bewertet, ob der Emittent Mindestabsicherungen und -standards hinsichtlich der wichtigsten nachteiligen Auswirkungen (PAI) sowie die Leistung bei den PAI-Kennzahlen umsetzt bzw. erfüllt. Dazu gehören:
- Normenbasierte Filterkriterien – das Filtern von Wertpapieren, die gemäß den bestehenden (unten beschriebenen) normenbasierten Filterkriterien von Fidelity ermittelt wurden, anhand von:
- aktivitätsbasierten Filterkriterien – das Filtern von Emittenten auf der Grundlage ihrer Beteiligung an Aktivitäten mit erheblichen negativen Auswirkungen auf die Gesellschaft oder die Umwelt, darunter Emittenten, bei denen aufgrund der Filterkriterien für Kontroversen eine„sehr gravierende“ Kontroverse vorliegt, die im Bereich
- Umwelt,
- Menschenrechte und Gemeinschaften,
- Arbeitnehmerrechte und Lieferkette,
- Kunden,
- Governance angesiedelt ist; und anhand von
	- PAI-Indikatoren. Quantitative Daten (sofern verfügbar) zu PAI-Indikatoren werden verwendet, um zu bewerten, ob ein Emittent an Aktivitäten beteiligt ist, die einem Umwelt- oder Sozialziel erheblichen Schaden zufügen.


Bei den wichtigsten nachteiligen Auswirkungen handelt es sich um die bedeutendsten nachteiligen Auswirkungen von Investitionsentscheidun- gen auf NachhaItigkeitsfaktoren in den Bereichen Umwelt, Soziales und Beschäftigung, Achtung der Menschenrechte und Bekämpfung von Korruption und Bestechung.
Wie wurden die Indikatoren für nachteilige Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Für nachhaltige Anlagen, wie oben beschrieben, führt Fidelity eine quantitative Bewertung durch, um Emittenten mit einer problematischen Leistung bei PAI-Indikatoren zu ermitteln. Emittenten mit einer niedrigen Punktzahl kommen nur dann für „nachhaltige Anlagen“ infrage, wenn die Fundamentalresearch von Fidelity feststellt, dass der Emittent nicht gegen die Anforderungen verstößt, „keinen wesentlichen Schaden anrichtet“ oder sich auf einem Weg befindet, um die nachteiligen Auswirkungen durch effektives Management oder einen Übergang abzumildern.
Wie stehen die nachhaltigen Investitionen mit den OECD-Leitsätzen für multinationale Unternehmen und den Leitprinzipien der Vereinten Nationen für Wirtschaft und
Menschenrechte in Einklang? Nähere Angaben:
Es werden normenbasierte Filterkriterien angewendet: Emittenten, bei denen festgestellt wurde, dass sie sich nicht in einer Weise verhalten, die ihrer grundlegenden Verantwortung in den Bereichen Menschenrechte, Arbeit, Umwelt und Korruptionsbekämpfung im Einklang mit internationalen Normen gerecht wird, darunter denjenigen, die in den OECD-Leitsätzen für multinationale Unternehmen, den Leitprinzipien der Vereinten Nationen für Wirtschaft und Menschenrechte, dem UN Global Compact (UNGC) und den IAO-Standards der Internationalen Arbeitsorganisation (ILO) festgelegt sind, kommen für nachhaltige Investitionen nicht infrage.
In der EU-Taxonomie ist der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" festgelegt, nach dem taxonomiekonforme Investitionen die Ziele der EU-Taxonomie nicht erheblich beeinträchtigen dürfen, und es sind spezifische EU-Kriterien beigefügt. Der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" findet nur bei denjenigen dem Finanzprodukt zugrunde liegenden Investitionen Anwendung, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten berücksichtigen. Die dem verbleibenden Teil dieses  Finanzprodukts zugrunde  liegenden Investitionen berücksichtigen nicht die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten. Alle anderen nachhaltigen Investitionen dürfen ökologische oder soziale Ziele ebenfalls nicht erheblich beeinträchtigen.

###### Werden bei diesem Finanzprodukt die wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Ja
- NeinDie wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren werden mit Hilfe einer Vielzahl von Instrumenten berücksichtigt und in Anlageentscheidungen einbezogen. Hierzu zählen:
- Due Diligence – Analyse, ob die wichtigsten nachteiligen Auswirkungen (PAI) wesentlich und negativ sind.
- ESG-Rating – Fidelity bezieht sich auf ESG-Ratings, die wesentliche nachteilige Auswirkungen wie CO2-Emissionen, Mitarbeitersicherheit, Bestechung und Korruption sowie Wassermanagement berücksichtigen, und bei den von Staaten ausgegebenen Wertpapieren berücksichtigen die verwendeten Ratings wichtige nachteilige Auswirkungen (PAI) wie CO2-Emissionen, Sozialverstöße und die Meinungsfreiheit.
- Ausschlusskriterien – Bei Direktanlagen in Unternehmen als Emittenten wendet der Teilfonds die (unten definierten) Ausschlusskriterien an, um die wichtigsten nachteiligen Auswirkungen abzumildern. Dazu schließt er schädliche Sektoren aus und verbietet Investitionen in Emittenten, die gegen internationale Standards wie den UNGC verstoßen.
- Mitwirkung – Fidelity nutzt Mitwirkung als ein Instrument, um die wichtigsten nachteiligen Auswirkungen besser zu verstehen und sich unter bestimmten Umständen für die Abmilderung der wichtigsten nachteiligen Auswirkungen einzusetzen. Fidelity beteiligt sich an relevanten individuellen und kollaborativen Arten der Mitwirkung, die auf eine Reihe von wichtigen negativen Auswirkungen abzielen (z. B. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Abstimmungsverhalten – Die Abstimmungspolitik von Fidelity umfasst bei Unternehmen als Emittenten explizite Mindeststandards für die Geschlechtervielfalt im Aufsichtsrat und die Auseinandersetzung mit dem Klimawandel. Fidelity kann auch auf eine Weise abstimmen, dass die wichtigsten nachteiligen Auswirkungen abgemildert werden.
- Vierteljährliche Überprüfungen – Überwachung der wichtigsten nachteiligen Auswirkungen (PAI) durch den vierteljährlichen Überprüfungsprozess des Teilfonds.

Wenn es um die Frage geht, ob Investitionen eine wesentliche nachteilige Auswirkung haben, berücksichtigt Fidelity für jeden Nachhaltigkeitsfaktor spezifische Indikatoren. Diese Indikatoren hängen von der Datenverfügbarkeit ab und können sich mit zunehmender Datenqualität und
-verfügbarkeit weiterentwickeln.
Informationen über die wichtigsten nachteiligen Auswirkungen werden im Jahresbericht des Teilfonds zur Verfügung gestellt.
Die Anlagestrategie dient aIs Richtschnur für Investitionsentscheidun- gen, wobei bestimmte Kriterien wie beispielsweise Investitionsziele oder Risikotoleranz
berücksichtigt werden.
Mindestens 50% des Nettovermögens des Teilfonds werden in Wertpapiere investiert, die gute ESG-Eigenschaften aufweisen.
Ob ESG-Eigenschaften gut sind, wird anhand von ESG-Ratings externer Agenturen und von Fidelity ESG-Ratings ermittelt.
In Bezug auf seine Direktanlagen in Unternehmensemittenten berücksichtigt der Teilfonds:
a) eine unternehmensweite Ausschlussliste, die Streumunition und Antipersonenlandminen umfasst; und
- eine normenbasierte Filterung von Emittenten, die nach Ansicht des Investmentmanagers ihre Geschäfte nicht in Übereinstimmung mit internationalen Normen, darunter den im UNGC festgelegten, durchgeführt haben.

Die oben genannten Ausschluss- und Filterkriterien (die „Ausschlusskriterien“) werden möglicherweise von Zeit zu Zeit aktualisiert. Weitere Informationen erhalten Sie auf der Website Sustainable investing framework (fidelityinternational.com).
Es steht zudem im Ermessen des Investmentmanagers, von Zeit zu Zeit erweiterte, strengere Nachhaltigkeitsanforderungen und Ausschlusskriterien anzuwenden.
Worin bestehen die verbindlichen Elemente der Anlagestrategie, die für die Auswahl der Investitionen zur Erfüllung der beworbenen ökologischen oder sozialen Ziele verwendet werden?
Der Teilfonds investiert:
- mindestens 50% seines Vermögens in Emittenten mit guten ESG-Eigenschaften;
- mindestens 5% in nachhaltige Anlagen, von denen mindestens 0.5% ein Umweltziel verfolgen (das sich an der EU-Taxonomie orientiert), mindestens 1% ein Umweltziel (das sich nicht an der EU-Taxonomie orientiert) und mindestens 1% ein Sozialziel.

Darüber hinaus wird der Teilfonds systematisch die oben beschriebenen Ausschlusskriterien anwenden.
Um welchen Mindestsatz wird der Umfang der vor der Anwendung dieser Anlagestrategie in Betracht gezogenen Investitionen reduziert?
Diese Frage ist hier nicht relevant.
Die Verfahrensweisen einer guten
Unternehmensführung umfassen solide Managementstrukturen, die Beziehungen zu den Arbeitnehmern, die Vergütung von Mitarbeitern sowie die Einhaltung der Steuervorschriften.
Wie werden die Verfahrensweisen einer guten Unternehmensführung der Unternehmen, in die investiert wird, bewertet?
Die Governance-Praktiken der Emittenten werden anhand von Fundamentalresearch bewertet, darunter im Rahmen der von externen Agenturen oder Fidelity bereitgestellten ESG-Ratings.
Zu den wichtigsten der analysierten Fragen gehören die Erfolgsbilanz hinsichtlich: Kapitalallokation, finanzieller Transparenz, Transaktionen mit nahestehenden Unternehmen und Personen, Unabhängigkeit und Größe des Vorstands, Vergütung von Führungskräften, Wirtschaftsprüfung und interner Revision, Rechte der Minderheitsaktionäre und anderer Indikatoren. Für staatliche Emittenten werden Faktoren wie Korruption und Meinungsfreiheit einbezogen.
Die Vermögensallokation gibt den jeweiligen Anteil der Investitionen in bestimmte Vermögenswerte an.
Taxonomiekonforme Tätigkeiten, ausgedrückt durch den Anteil der:
- Umsatzerlöse, die den Anteil der Einnahmen aus umweltfreundlichenAktivitäten der Unternehmen, in die investiert wird, widerspiegeln
- Investitionsausgaben (CapEx), die die umweltfreundlichen Investitionen der Unternehmen, in die investiert wird, aufzeigen,z.B. für den Übergang zu einer grünen Wirtschaft- Betriebsausgaben (OpEx), die die umweltfreundlichenbetrieblichen Aktivitäten der Unternehmen, in die investiert wird, widerspiegeln(#1 Ausgerichtet an E/S-Eigenschaften) Der Teilfonds investiert:
- mindestens 50% seines	Vermögens	in	Wertpapieren	von	Emittenten	mit	guten ESG-Eigenschaften;
- mindestens 5% seines Vermögens in nachhaltigen (#1A nachhaltig), von denen mindestens 0.5% ein	ökologisches	Ziel	(das mit der	EU-Taxonomie	übereinstimmt), mindestens 1% ein ökologisches Ziel (das nicht mit der EU-Taxonomie übereinstimmt) und mindestens 1% ein Sozialziel haben. Die übrigen nachhaltigen Anlagen des Teilfonds können ein Umwelt- oder Sozialziel verfolgen.

(#1B Sonstige E/S-Eigenschaften) Umfasst Wertpapiere von Emittenten mit guten ESG-Eigenschaften, die aber keine nachhaltigen Anlagen sind.
Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale
50%
#2 Andere Investitionen
#1A Nachhaltige Investitionen
5%
#1B Andere ökologische oder soziale Merkmale
Taxonomiekonform 0.5%
Sonstige Umweltziele 1%
Soziales 1%
#1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst Investitionen des Finanzprodukts, die zur Erreichung der beworbenen ökologischen oder sozialen Merkmale getätigt wurden.
#2 Andere Investitionen umfasst die übrigen Investitionen des Finanzprodukts, die weder auf ökologische oder soziale Merkmale ausgerichtet sind noch als nachhaltige Investitionen eingestuft werden.
Die Kategorie #1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst folgende Unterkategorien:
Die Unterkategorie #1A Nachhaltige Investitionen umfasst nachhaltige Investitionen mit ökologischen oder sozialen Zielen.
Die Unterkategorie #1B Andere ökologische oder soziale Merkmale umfasst Investitionen, die auf ökologische oder soziale Merkmale ausgerichtet sind, aber nicht als nachhaltige Investitionen eingestuft werden.
Inwiefern werden durch den Einsatz von Derivaten die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht?
Wenn das einem Derivat zugrunde liegende Wertpapier im Einklang mit dem System für nachhaltiges Investieren von Fidelity gute ESG-Eigenschaften aufweist, darf das Derivat zur Feststellung des Teilfondsanteils berücksichtigt werden, der Umwelt- oder Sozialeigenschaften fördert.
In welchem Mindestmaß sind nachhaltige Investitionen mit einem Umweltziel mit der EU-Taxonomie konform?
Der Teilfonds investiert mindestens 0.5% in nachhaltige Anlagen mit einem Umweltziel, die mit der EU-Taxonomie konform sind.
Die Konformität der Anlagen des Teilfonds mit der EU-Taxonomie wird nicht durch Wirtschaftsprüfer oder mittels einer Überprüfung durch Dritte sichergestellt.
Die Ausrichtung der zugrunde liegenden Anlagen des Teilfonds an der EU-Taxonomie wird anhand des Umsatzes gemessen.
Investiert das Finanzprodukt in Aktivitäten im Zusammenhang mit fossilem Gas und/oder Kernenergie, die der EU-Taxonomie¹ entsprechen?
- JaNein
- In fossiles Gas	In KernenergieWie hoch ist der Mindestanteil der Investitionen in Übergangstätigkeiten und ermöglichende Tätigkeiten?

Der Teilfonds investiert mindestens 0% in Übergangstätigkeiten und ermöglichende Tätigkeiten.
Wie hoch ist der Mindestanteil nachhaltiger Investitionen mit einem Umweltziel, die nicht mit der EU-Taxonomie konform sind?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Umweltziel, das nicht mit der EU-Taxonomie konform ist.
Die Anlagen können zwar mit der EU-Taxonomie konform sein, aber der Investmentmanager ist derzeit nicht in der Lage, den genauen Anteil der Anlagen des Teilfonds anzugeben, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftstätigkeiten berücksichtigen. Die Position wird jedoch weiterhin überprüft, wenn die zugrunde liegenden Regeln festgelegt sind und im Laufe der Zeit mehr zuverlässige Daten zur Verfügung stehen.
¹ Tätigkeiten im Bereich fossiles Gas und/oder Kernenergie sind nur dann EU-taxonomiekonform, wenn sie zur Eindämmung des Klimawandels („Klimaschutz“) beitragen und kein Ziel der EU-Taxonomie erheblich beeinträchtigen – siehe Erläuterung am linken Rand. Die vollständigen Kriterien für EU-taxonomiekonforme Wirtschaftstätigkeiten im Bereich fossiles Gas und Kernenergie sind in der Delegierten Verordnung (EU) 2022/1214 der Kommission festgelegt.
Wie hoch ist der Mindestanteil der sozial nachhaltigen Investitionen?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Sozialziel.
Welche Investitionen fallen unter ,,#2 Andere Investitionen", welcher Anlagezweck wird mit ihnen verfolgt und gibt es einen ökologischen oder sozialen Mindestschutz?
Die verbleibenden Anlagen des Teilfonds erfolgen in Instrumenten, die zum Finanzziel des Teilfonds passen, und für Liquiditätszwecke in liquiden Mitteln und liquiden Mitteln gleichstehenden Mitteln sowie in Derivaten, die als Anlagen und für eine effiziente Portfolioverwaltung eingesetzt werden können.
Zur Gewährleistung eines Mindestmaßes an Umwelt- und Sozialabsicherungen wendet der Teilfonds die Ausschlusskriterien an.

###### Wurde ein Index als Referenzwert bestimmt, um festzustellen, ob dieses Finanzprodukt auf die beworbenen ökologischen und/oder sozialen Merkmale ausgerichtet ist?
Es wird kein bestimmter Index als Referenzbenchmark angegeben, um festzustellen, ob dieses Finanzprodukt zu den geförderten Umwelt- oder Sozialeigenschaften passt.
Bei den Referenzwerten handelt es sich um Indizes, mit denen gemessen wird, ob das Finanzprodukt die beworbenen ökologischen oder sozialen Merkmale erreicht.
Inwiefern ist der Referenzwert kontinuierlich auf die mit dem Finanzprodukt beworbenen ökologischen und sozialen Merkmale ausgerichtet?
Diese Frage ist hier nicht relevant.
Wie wird die kontinuierliche Ausrichtung der Anlagestrategie auf die Indexmethode sichergestellt?
Diese Frage ist hier nicht relevant.
Wie unterscheidet sich der bestimmte Index von einem relevanten breiten Marktindex?
Diese Frage ist hier nicht relevant.
Wo kann die Methode zur Berechnung des bestimmten Indexes eingesehen werden?
Diese Frage ist hier nicht relevant.

###### 	Wo kann ich im Internet weitere produktspezifische Informationen finden?
Weitere produktspezifische Informationen finden Sie auf der Website: https:/www.fidelity.lu/funds/factsheet/LU2207557542/tab-disclosure#SFDR-disclosure. 
Weitere Informationen zu den hier dargelegten Methoden finden Sie auf der Website: System fürnachhaltiges Investieren (fidelityinternational.com).
Vorvertragliche Informationen zu den in Artikel 8 Absätze 1, 2 und 2a der Verordnung (EU) 2019/2088 und Artikel 6 Absatz 1 der Verordnung (EU) 2020/852 genannten Finanzprodukten
Name des Produkts:	Unternehmenskennung (LEI- Code):
Fidelity Funds - Global High Yield Fund	549300HLL9VXER4ESF55

###### Ökologische und/oder soziale Merkmale
| Werden mit diesem Finanzprodukt nachhaltige Investitionen angestrebt? |
| --- |
|  | - Ja
 |  | Nein |
| - Es wird damit ein MindestanteiI an nachhaltigen Investitionen mit einem Umweltziel getätigt:%
	- in Wirtschaftstätigkeiten, die nach derEU-Taxonomie als ökologisch nachhaltig einzustufen sind

- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie nicht als ökologisch nachhaltig einzustufen sind
- Es wird damit ein Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel getätigt:%
 | Es werden damit ökologische/soziale Merkmale beworben und obwohl keine nachhaltigen Investitionen angestrebt werden, enthält es einen Mindestanteil von 5% an nachhaltigen Investitionen. - mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie als ökologisch nachhaltig einzustufen sindmit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie nicht als ökologisch nachhaltig einzustufen sindmit einem sozialen Ziel
- Es	werden		damit	ökologische/soziale Merkmale	beworben,		aber	keinenachhaltigen Investitionen getätigt.
 |

Welche ökologischen und/ oder sozialen Merkmale werden mit diesem Finanzprodukt beworben?
Mit Nachhaltigkeitsin- dikatoren wird gemessen, inwieweit die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht werden.
Der Teilfonds fördert Umwelt- und Sozialeigenschaften, indem er in Wertpapiere von Emittenten mit guten ESG-Eigenschaften investiert. Gute ESG-Eigenschaften werden anhand von ESG-Ratings ermittelt. ESG-Ratings berücksichtigen Umwelteigenschaften wie CO2-Intensität, CO2-Emissionen, Energieeffizienz, Wasser- und Abfallmanagement und Biodiversität sowie Sozialeigenschaften wie Produktsicherheit, Lieferkette, Gesundheit und Sicherheit sowie Menschenrechte.
Der Teilfonds ist in gewissem Maße bestrebt, nachhaltige Anlagen zu tätigen.
Es wird keine Referenzbenchmark festgelegt, um die geförderten Umwelt- und Sozialeigenschaften zu erreichen.
einzelnen ökologischen oder sozialen Merkmale, die durch dieses Finanzprodukt beworben werden, herangezogen?
Der Teilfonds verwendet die folgenden Nachhaltigkeitsindikatoren, um die Ausprägung der von ihm geförderten Umwelt- oder Sozialeigenschaften zu messen:
- der  Prozentsatz des Teilfonds, der in Wertpapieren von Emittenten mit guten ESG-Eigenschaften im Einklang mit dem System für nachhaltiges Investieren von Fidelity investiert ist;
- der Prozentsatz des Teilfonds, der in Wertpapiere von Emittenten investiert ist, auf die Ausschlusskriterien (wie unten definiert) zutreffen;
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen investiert ist; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel bei Wirtschaftsaktivitäten investiert ist, die gemäß der EU-Taxonomie als ökologisch nachhaltig gelten; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel investiert ist.

Welches sind die Ziele der nachhaltigen Investitionen, die mit dem
Finanzprodukt teilweise getätigt werden sollen, und wie trägt die nachhaltige Investition zu diesen Zielen bei?
Für den Teilfonds gilt eine Anlage in folgende Emittenten als nachhaltig:
- Emittenten, die wirtschaftliche Tätigkeiten ausüben, die zu einem oder mehreren der in der EU-Taxonomie festgelegten Umweltziele beitragen und gemäß der EU-Taxonomie als ökologisch nachhaltig gelten; oder
- Emittenten, bei denen der Großteil ihrer Geschäftstätigkeit (mehr als 50% des Umsatzes) zu Umwelt- oder Sozialzielen beiträgt, die mit einem oder mehreren der Ziele der Vereinten Nationen für nachhaltige Entwicklung („SDG“) in Einklang stehen; oder
- Emittenten, die ein Dekarbonisierungsziel festgelegt haben, das mit einem Temperaturanstiegsszenario mit 1,5 Grad oder weniger vereinbar ist (überprüft durch die Science Based Target Initiative oder ein Fidelity Proprietary Climate Rating), das als Beitrag zu Umweltzielen angesehen wird;sofern sie keinen wesentlichen Schaden anrichten, Mindestabsicherungen bieten und gute Governance-Kriterien aufweisen.

teilweise getätigt werden sollen, keinem der ökologischen oder sozialen nachhaltigen Anlageziele erheblich schaden?
Nachhaltige Anlagen werden auf ihre Beteiligung an Aktivitäten überprüft, die erheblichen Schaden und Kontroversen verursachen, und durch eine Kontrolle bewertet, ob der Emittent Mindestabsicherungen und -standards hinsichtlich der wichtigsten nachteiligen Auswirkungen (PAI) sowie eine Leistung bei den PAI-Kennzahlen umsetzt bzw. erfüllt. Dazu gehören:
- Normenbasierte Filterkriterien – das Filtern von Wertpapieren, die gemäß den bestehenden (unten beschriebenen) normenbasierten Ausschlusskriterien von Fidelity ermittelt wurden, anhand von:
- aktivitätsbasierten Filterkriterien – das Filtern von Emittenten auf der Grundlage ihrer Beteiligung an Aktivitäten mit erheblichen negativen Auswirkungen auf die Gesellschaft oder die Umwelt, darunter Körperschaften, bei denen aufgrund der Ausschlusskriterien für Kontroversen eine „sehr gravierende“ Kontroverse vorliegt, die im Bereich
- Umwelt,
- Menschenrechte und Gemeinschaften,
- Arbeitnehmerrechte und Lieferkette,
- Kunden,
- Governance angesiedelt ist; und
	- anhand von PAI-Indikatoren – Quantitative Daten (sofern verfügbar) zu PAI-Indikatoren werden verwendet, um zu bewerten, ob ein Emittent an Aktivitäten beteiligt ist, die einem Umwelt- oder Sozialziel erheblichen Schaden zufügen.


Bei den wichtigsten nachteiligen Auswirkungen handelt es sich um die bedeutendsten nachteiligen Auswirkungen von Investitionsentscheidun- gen auf NachhaItigkeitsfaktoren in den Bereichen Umwelt, Soziales und Beschäftigung, Achtung der Menschenrechte und Bekämpfung von Korruption und Bestechung.
Wie wurden die Indikatoren für nachteilige Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Für nachhaltige Anlagen, wie oben beschrieben, führt Fidelity eine quantitative Bewertung durch, um Emittenten mit einer problematischen Leistung bei PAI-Indikatoren zu ermitteln. Emittenten mit einer niedrigen Punktzahl kommen nur dann für „nachhaltige Anlagen“ infrage, wenn die Fundamentalresearch von Fidelity feststellt, dass der Emittent nicht gegen die Anforderungen verstößt, „keinen wesentlichen Schaden anrichtet“ oder sich auf einem Weg befindet, um die nachteiligen Auswirkungen durch effektives Management oder einen Übergang abzumildern.
Wie stehen die nachhaltigen Investitionen mit den OECD-Leitsätzen für multinationale Unternehmen und den Leitprinzipien der Vereinten Nationen für Wirtschaft und
Menschenrechte in Einklang? Nähere Angaben:
Es werden normenbasierte Filterkriterien angewendet: Emittenten, bei denen festgestellt wurde, dass sie sich nicht in einer Weise verhalten, die ihrer grundlegenden Verantwortung in den Bereichen Menschenrechte, Arbeit, Umwelt und Korruptionsbekämpfung im Einklang mit internationalen Normen gerecht wird, darunter denjenigen, die in den OECD-Leitsätzen für multinationale Unternehmen, den Leitprinzipien der Vereinten Nationen für Wirtschaft und Menschenrechte, dem UN Global Compact (UNGC) und den IAO-Standards der Internationalen Arbeitsorganisation (ILO) festgelegt sind, kommen für nachhaltige Investitionen nicht infrage.
In der EU-Taxonomie ist der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" festgelegt, nach dem taxonomiekonforme Investitionen die Ziele der EU-Taxonomie nicht erheblich beeinträchtigen dürfen, und es sind spezifische EU-Kriterien beigefügt. Der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" findet nur bei denjenigen dem Finanzprodukt zugrunde liegenden Investitionen Anwendung, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten berücksichtigen. Die dem verbleibenden Teil dieses  Finanzprodukts zugrunde  liegenden Investitionen berücksichtigen nicht die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten. Alle anderen nachhaltigen Investitionen dürfen ökologische oder soziale Ziele ebenfalls nicht erheblich beeinträchtigen.

###### Werden bei diesem Finanzprodukt die wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Ja
- NeinDie wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren werden mit Hilfe einer Vielzahl von Instrumenten berücksichtigt und in Anlageentscheidungen einbezogen. Hierzu zählen:
- Due Diligence – Analyse, ob die wichtigsten nachteiligen Auswirkungen (PAI) wesentlich und negativ sind.
- ESG-Rating – Fidelity bezieht sich auf ESG-Ratings, die wesentliche nachteilige Auswirkungen wie CO2-Emissionen, Mitarbeitersicherheit, Bestechung und Korruption sowie Wassermanagement berücksichtigen, und bei den von Staaten ausgegebenen Wertpapieren berücksichtigen die verwendeten Ratings wichtige nachteilige Auswirkungen (PAI) wie CO2-Emissionen, Sozialverstöße und die Meinungsfreiheit.
- Ausschlusskriterien – Bei Direktanlagen in Unternehmen als Emittenten wendet der Teilfonds die (unten definierten) Ausschlusskriterien an, um die wichtigsten nachteiligen Auswirkungen abzumildern. Dazu schließt er schädliche Sektoren aus und verbietet Investitionen in Emittenten, die gegen internationale Standards wie den UNGC verstoßen.
- Mitwirkung – Fidelity nutzt Mitwirkung als ein Instrument, um die wichtigsten nachteiligen Auswirkungen besser zu verstehen und sich unter bestimmten Umständen für die Abmilderung der wichtigsten nachteiligen Auswirkungen einzusetzen. Fidelity beteiligt sich an relevanten individuellen und kollaborativen Arten der Mitwirkung, die auf eine Reihe von wichtigen negativen Auswirkungen abzielen (z. B. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Abstimmungsverhalten – Die Abstimmungspolitik von Fidelity umfasst bei Unternehmen als Emittenten explizite Mindeststandards für die Geschlechtervielfalt im Aufsichtsrat und die Auseinandersetzung mit dem Klimawandel. Fidelity kann auch auf eine Weise abstimmen, dass die wichtigsten nachteiligen Auswirkungen abgemildert werden.
- Vierteljährliche Überprüfungen – Überwachung der wichtigsten nachteiligen Auswirkungen (PAI) durch den vierteljährlichen Überprüfungsprozess des Teilfonds.

Wenn es um die Frage geht, ob Investitionen eine wesentliche nachteilige Auswirkung haben, berücksichtigt Fidelity für jeden Nachhaltigkeitsfaktor spezifische Indikatoren. Diese Indikatoren hängen von der Datenverfügbarkeit ab und können sich mit zunehmender Datenqualität und
-verfügbarkeit weiterentwickeln.
Informationen über die wichtigsten nachteiligen Auswirkungen werden im Jahresbericht des Teilfonds zur Verfügung gestellt.
Die Anlagestrategie dient aIs Richtschnur für Investitionsentscheidun- gen, wobei bestimmte Kriterien wie beispielsweise Investitionsziele oder Risikotoleranz
berücksichtigt werden.
Mindestens 50% des Nettovermögens des Teilfonds werden in Wertpapiere investiert, die gute ESG-Eigenschaften aufweisen.
Ob ESG-Eigenschaften gut sind, wird anhand von ESG-Ratings externer Agenturen und von Fidelity ESG-Ratings ermittelt.
In Bezug auf seine Direktanlagen in Unternehmensemittenten berücksichtigt der Teilfonds:
a) eine unternehmensweite Ausschlussliste, die Streumunition und Antipersonenlandminen umfasst; und
- eine normenbasierte Filterung von Emittenten, die nach Ansicht des Investmentmanagers ihre Geschäfte nicht in Übereinstimmung mit internationalen Normen, darunter den im UNGC festgelegten, durchgeführt haben.

Die oben genannten Ausschluss- und Filterkriterien (die „Ausschlusskriterien“) werden möglicherweise von Zeit zu Zeit aktualisiert. Weitere Informationen erhalten Sie auf der Website Sustainable investing framework (fidelityinternational.com).
Es steht zudem im Ermessen des Investmentmanagers, von Zeit zu Zeit erweiterte, strengere Nachhaltigkeitsanforderungen und Ausschlusskriterien anzuwenden.
Worin bestehen die verbindlichen Elemente der Anlagestrategie, die für die Auswahl der Investitionen zur Erfüllung der beworbenen ökologischen oder sozialen Ziele verwendet werden?
Der Teilfonds investiert:
- mindestens 50% seines Vermögens in Emittenten mit guten ESG-Eigenschaften;
- mindestens 5% in nachhaltige Anlagen, von denen mindestens 0% ein Umweltziel verfolgen (das sich an der EU-Taxonomie orientiert), mindestens 1% ein Umweltziel (das sich nicht an der EU-Taxonomie orientiert) und mindestens 1% ein Sozialziel.

Darüber hinaus wird der Teilfonds systematisch die oben beschriebenen Ausschlusskriterien anwenden.
Um welchen Mindestsatz wird der Umfang der vor der Anwendung dieser Anlagestrategie in Betracht gezogenen Investitionen reduziert?
Diese Frage ist hier nicht relevant.
Die Verfahrensweisen einer guten
Unternehmensführung umfassen solide Managementstrukturen, die Beziehungen zu den Arbeitnehmern, die Vergütung von Mitarbeitern sowie die Einhaltung der Steuervorschriften.
Wie werden die Verfahrensweisen einer guten Unternehmensführung der Unternehmen, in die investiert wird, bewertet?
Die Governance-Praktiken der Emittenten werden anhand von Fundamentalresearch bewertet, darunter im Rahmen der von externen Agenturen oder Fidelity bereitgestellten ESG-Ratings.
Zu den wichtigsten der analysierten Fragen gehören die Erfolgsbilanz hinsichtlich: Kapitalallokation, finanzieller Transparenz, Transaktionen mit nahestehenden Unternehmen und Personen, Unabhängigkeit und Größe des Vorstands, Vergütung von Führungskräften, Wirtschaftsprüfung und interner Revision, Rechte der Minderheitsaktionäre und anderer Indikatoren. Für staatliche Emittenten werden Faktoren wie Korruption und Meinungsfreiheit einbezogen.
Die Vermögensallokation gibt den jeweiligen Anteil der Investitionen in bestimmte Vermögenswerte an.
Taxonomiekonforme Tätigkeiten, ausgedrückt durch den Anteil der:
- Umsatzerlöse, die den Anteil der Einnahmen aus umweltfreundlichenAktivitäten der Unternehmen, in die investiert wird, widerspiegeln
- Investitionsausgaben (CapEx), die die umweltfreundlichen Investitionen der Unternehmen, in die investiert wird, aufzeigen,z.B. für den Übergang zu einer grünen Wirtschaft- Betriebsausgaben (OpEx), die die umweltfreundlichenbetrieblichen Aktivitäten der Unternehmen, in die investiert wird, widerspiegeln(#1 Ausgerichtet an E/S-Eigenschaften) Der Teilfonds investiert:
- mindestens 50% seines	Vermögens	in	Wertpapieren	von	Emittenten	mit	guten ESG-Eigenschaften;
- mindestens 5% seines Vermögens in nachhaltigen (#1A nachhaltig), von denen mindestens 0% ein	ökologisches	Ziel	(das	mit	der	EU-Taxonomie	übereinstimmt), mindestens 1% ein ökologisches Ziel (das nicht mit der EU-Taxonomie übereinstimmt) und mindestens 1% ein Sozialziel haben. Die übrigen nachhaltigen Anlagen des Teilfonds können ein Umwelt- oder Sozialziel verfolgen.

Sonstige Umweltziele 1%
(#1B Sonstige E/S-Eigenschaften) Umfasst Wertpapiere von Emittenten mit guten ESG-Eigenschaften, die aber keine nachhaltigen Anlagen sind.
Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale
50%
#1A Nachhaltige Investitionen
5%
#1B Andere ökologische oder soziale Merkmale
Soziales 1%
#2 Andere Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst Investitionen des Finanzprodukts, die zur Erreichung der beworbenen ökologischen oder sozialen Merkmale getätigt wurden.
#2 Andere Investitionen umfasst die übrigen Investitionen des Finanzprodukts, die weder auf ökologische oder soziale Merkmale ausgerichtet sind noch als nachhaltige Investitionen eingestuft werden.
Die Kategorie #1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst folgende Unterkategorien:
Die Unterkategorie #1A Nachhaltige Investitionen umfasst nachhaltige Investitionen mit ökologischen oder sozialen Zielen.
Die Unterkategorie #1B Andere ökologische oder soziale Merkmale umfasst Investitionen, die auf ökologische oder soziale Merkmale ausgerichtet sind, aber nicht als nachhaltige Investitionen eingestuft werden.
Inwiefern werden durch den Einsatz von Derivaten die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht?
Wenn das einem Derivat zugrunde liegende Wertpapier im Einklang mit dem System für nachhaltiges Investieren von Fidelity gute ESG-Eigenschaften aufweist, darf das Derivat zur Feststellung des Teilfondsanteils berücksichtigt werden, der Umwelt- oder Sozialeigenschaften fördert.
In welchem Mindestmaß sind nachhaltige Investitionen mit einem Umweltziel mit der EU-Taxonomie konform?
Der Teilfonds investiert mindestens 0% in nachhaltige Anlagen mit einem Umweltziel, die mit der EU-Taxonomie konform sind.
Die Konformität der Anlagen des Teilfonds mit der EU-Taxonomie wird nicht durch Wirtschaftsprüfer oder mittels einer Überprüfung durch Dritte sichergestellt.
Die Ausrichtung der zugrunde liegenden Anlagen des Teilfonds an der EU-Taxonomie wird anhand des Umsatzes gemessen.
Investiert das Finanzprodukt in Aktivitäten im Zusammenhang mit fossilem Gas und/oder Kernenergie, die der EU-Taxonomie¹ entsprechen?
- JaNein
- In fossiles Gas	In KernenergieWie hoch ist der Mindestanteil der Investitionen in Übergangstätigkeiten und ermöglichende Tätigkeiten?

Der Teilfonds investiert mindestens 0% in Übergangstätigkeiten und ermöglichende Tätigkeiten.
Wie hoch ist der Mindestanteil nachhaltiger Investitionen mit einem Umweltziel, die nicht mit der EU-Taxonomie konform sind?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Umweltziel, das nicht mit der EU-Taxonomie konform ist.
Die Anlagen können zwar mit der EU-Taxonomie konform sein, aber der Investmentmanager ist derzeit nicht in der Lage, den genauen Anteil der Anlagen des Teilfonds anzugeben, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftstätigkeiten berücksichtigen. Die Position wird jedoch weiterhin überprüft, wenn die zugrunde liegenden Regeln festgelegt sind und im Laufe der Zeit mehr zuverlässige Daten zur Verfügung stehen.
¹ Tätigkeiten im Bereich fossiles Gas und/oder Kernenergie sind nur dann EU-taxonomiekonform, wenn sie zur Eindämmung des Klimawandels („Klimaschutz“) beitragen und kein Ziel der EU-Taxonomie erheblich beeinträchtigen – siehe Erläuterung am linken Rand. Die vollständigen Kriterien für EU-taxonomiekonforme Wirtschaftstätigkeiten im Bereich fossiles Gas und Kernenergie sind in der Delegierten Verordnung (EU) 2022/1214 der Kommission festgelegt.
Wie hoch ist der Mindestanteil der sozial nachhaltigen Investitionen?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Sozialziel.
Welche Investitionen fallen unter ,,#2 Andere Investitionen", welcher Anlagezweck wird mit ihnen verfolgt und gibt es einen ökologischen oder sozialen Mindestschutz?
Die verbleibenden Anlagen des Teilfonds erfolgen in Instrumenten, die zum Finanzziel des Teilfonds passen, und für Liquiditätszwecke in liquiden Mitteln und liquiden Mitteln gleichstehenden Mitteln sowie in Derivaten, die als Anlagen und für eine effiziente Portfolioverwaltung eingesetzt werden können.
Zur Gewährleistung eines Mindestmaßes an Umwelt- und Sozialabsicherungen wendet der Teilfonds die Ausschlusskriterien an.

###### Wurde ein Index als Referenzwert bestimmt, um festzustellen, ob dieses Finanzprodukt auf die beworbenen ökologischen und/oder sozialen Merkmale ausgerichtet ist?
Es wird kein bestimmter Index als Referenzbenchmark angegeben, um festzustellen, ob dieses Finanzprodukt zu den geförderten Umwelt- oder Sozialeigenschaften passt.
Bei den Referenzwerten handelt es sich um Indizes, mit denen gemessen wird, ob das Finanzprodukt die beworbenen ökologischen oder sozialen Merkmale erreicht.
Inwiefern ist der Referenzwert kontinuierlich auf die mit dem Finanzprodukt beworbenen ökologischen und sozialen Merkmale ausgerichtet?
Diese Frage ist hier nicht relevant.
Wie wird die kontinuierliche Ausrichtung der Anlagestrategie auf die Indexmethode sichergestellt?
Diese Frage ist hier nicht relevant.
Wie unterscheidet sich der bestimmte Index von einem relevanten breiten Marktindex?
Diese Frage ist hier nicht relevant.
Wo kann die Methode zur Berechnung des bestimmten Indexes eingesehen werden?
Diese Frage ist hier nicht relevant.

###### 	Wo kann ich im Internet weitere produktspezifische Informationen finden?
Weitere produktspezifische Informationen finden Sie auf der Website: https:/www.fidelity.lu/funds/factsheet/LU0740037022/tab-disclosure#SFDR-disclosure. 
Weitere Informationen zu den hier dargelegten Methoden finden Sie auf der Website: System fürnachhaltiges Investieren (fidelityinternational.com).
Vorvertragliche Informationen zu den in Artikel 8 Absätze 1, 2 und 2a der Verordnung (EU) 2019/2088 und Artikel 6 Absatz 1 der Verordnung (EU) 2020/852 genannten Finanzprodukten
Name des Produkts:	Unternehmenskennung (LEI- Code):
Fidelity Funds - Global Income Fund	549300Y91PT1E5IZKI34

###### Ökologische und/oder soziale Merkmale
| Werden mit diesem Finanzprodukt nachhaltige Investitionen angestrebt? |
| --- |
|  | - Ja
 |  | Nein |
| - Es wird damit ein MindestanteiI an nachhaltigen Investitionen mit einem Umweltziel getätigt:%
	- in Wirtschaftstätigkeiten, die nach derEU-Taxonomie als ökologisch nachhaltig einzustufen sind

- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie nicht als ökologisch nachhaltig einzustufen sind
- Es wird damit ein Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel getätigt:%
 | Es werden damit ökologische/soziale Merkmale beworben und obwohl keine nachhaltigen Investitionen angestrebt werden, enthält es einen Mindestanteil von 5% an nachhaltigen Investitionen. - mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie als ökologisch nachhaltig einzustufen sindmit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie nicht als ökologisch nachhaltig einzustufen sindmit einem sozialen Ziel
- Es	werden		damit	ökologische/soziale Merkmale	beworben,		aber	keinenachhaltigen Investitionen getätigt.
 |

Welche ökologischen und/ oder sozialen Merkmale werden mit diesem Finanzprodukt beworben?
Mit Nachhaltigkeitsin- dikatoren wird gemessen, inwieweit die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht werden.
Der Teilfonds fördert Umwelt- und Sozialeigenschaften, indem er in Wertpapiere von Emittenten mit guten ESG-Eigenschaften investiert. Gute ESG-Eigenschaften werden anhand von ESG-Ratings ermittelt. ESG-Ratings berücksichtigen Umwelteigenschaften wie CO2-Intensität, CO2-Emissionen, Energieeffizienz, Wasser- und Abfallmanagement und Biodiversität sowie Sozialeigenschaften wie Produktsicherheit, Lieferkette, Gesundheit und Sicherheit sowie Menschenrechte.
Der Teilfonds ist in gewissem Maße bestrebt, nachhaltige Anlagen zu tätigen.
Es wird keine Referenzbenchmark festgelegt, um die geförderten Umwelt- und Sozialeigenschaften zu erreichen.
einzelnen ökologischen oder sozialen Merkmale, die durch dieses Finanzprodukt beworben werden, herangezogen?
Der Teilfonds verwendet die folgenden Nachhaltigkeitsindikatoren, um die Ausprägung der von ihm geförderten Umwelt- oder Sozialeigenschaften zu messen:
- der  Prozentsatz des Teilfonds, der in Wertpapieren von Emittenten mit guten ESG-Eigenschaften im Einklang mit dem System für nachhaltiges Investieren von Fidelity investiert ist;
- der Prozentsatz des Teilfonds, der in Wertpapiere von Emittenten investiert ist, auf die Ausschlusskriterien (wie unten definiert) zutreffen;
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen investiert ist; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel bei Wirtschaftsaktivitäten investiert ist, die gemäß der EU-Taxonomie als ökologisch nachhaltig gelten; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel investiert ist.

Welches sind die Ziele der nachhaltigen Investitionen, die mit dem
Finanzprodukt teilweise getätigt werden sollen, und wie trägt die nachhaltige Investition zu diesen Zielen bei?
Für den Teilfonds gilt eine Anlage in folgende Emittenten als nachhaltig:
- Emittenten, die wirtschaftliche Tätigkeiten ausüben, die zu einem oder mehreren der in der EU-Taxonomie festgelegten Umweltziele beitragen und gemäß der EU-Taxonomie als ökologisch nachhaltig gelten; oder
- Emittenten, bei denen der Großteil ihrer Geschäftstätigkeit (mehr als 50% des Umsatzes) zu Umwelt- oder Sozialzielen beiträgt, die mit einem oder mehreren der Ziele der Vereinten Nationen für nachhaltige Entwicklung („SDG“) in Einklang stehen; oder
- Emittenten, die ein Dekarbonisierungsziel festgelegt haben, das mit einem Temperaturanstiegsszenario mit 1,5 Grad oder weniger vereinbar ist (überprüft durch die Science Based Target Initiative oder ein Fidelity Proprietary Climate Rating), das als Beitrag zu Umweltzielen angesehen wird;sofern sie keinen wesentlichen Schaden anrichten, Mindestabsicherungen bieten und gute Governance-Kriterien aufweisen.

teilweise getätigt werden sollen, keinem der ökologischen oder sozialen nachhaltigen Anlageziele erheblich schaden?
Nachhaltige Anlagen werden auf ihre Beteiligung an Aktivitäten überprüft, die erheblichen Schaden und Kontroversen verursachen, und durch eine Kontrolle bewertet, ob der Emittent Mindestabsicherungen und -standards hinsichtlich der wichtigsten nachteiligen Auswirkungen (PAI) sowie eine Leistung bei den PAI-Kennzahlen umsetzt bzw. erfüllt. Dazu gehören:
- Normenbasierte Filterkriterien – das Filtern von Wertpapieren, die gemäß den bestehenden (unten beschriebenen) normenbasierten Ausschlusskriterien von Fidelity ermittelt wurden, anhand von:
- aktivitätsbasierten Filterkriterien – das Filtern von Emittenten auf der Grundlage ihrer Beteiligung an Aktivitäten mit erheblichen negativen Auswirkungen auf die Gesellschaft oder die Umwelt, darunter Körperschaften, bei denen aufgrund der Ausschlusskriterien für Kontroversen eine „sehr gravierende“ Kontroverse vorliegt, die im Bereich
- Umwelt,
- Menschenrechte und Gemeinschaften,
- Arbeitnehmerrechte und Lieferkette,
- Kunden,
- Governance angesiedelt ist; und
	- anhand von PAI-Indikatoren – Quantitative Daten (sofern verfügbar) zu PAI-Indikatoren werden verwendet, um zu bewerten, ob ein Emittent an Aktivitäten beteiligt ist, die einem Umwelt- oder Sozialziel erheblichen Schaden zufügen.


Bei den wichtigsten nachteiligen Auswirkungen handelt es sich um die bedeutendsten nachteiligen Auswirkungen von Investitionsentscheidun- gen auf NachhaItigkeitsfaktoren in den Bereichen Umwelt, Soziales und Beschäftigung, Achtung der Menschenrechte und Bekämpfung von Korruption und Bestechung.
Wie wurden die Indikatoren für nachteilige Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Für nachhaltige Anlagen, wie oben beschrieben, führt Fidelity eine quantitative Bewertung durch, um Emittenten mit einer problematischen Leistung bei PAI-Indikatoren zu ermitteln. Emittenten mit einer niedrigen Punktzahl kommen nur dann für „nachhaltige Anlagen“ infrage, wenn die Fundamentalresearch von Fidelity feststellt, dass der Emittent nicht gegen die Anforderungen verstößt, „keinen wesentlichen Schaden anrichtet“ oder sich auf einem Weg befindet, um die nachteiligen Auswirkungen durch effektives Management oder einen Übergang abzumildern.
Wie stehen die nachhaltigen Investitionen mit den OECD-Leitsätzen für multinationale Unternehmen und den Leitprinzipien der Vereinten Nationen für Wirtschaft und
Menschenrechte in Einklang? Nähere Angaben:
Es werden normenbasierte Filterkriterien angewendet: Emittenten, bei denen festgestellt wurde, dass sie sich nicht in einer Weise verhalten, die ihrer grundlegenden Verantwortung in den Bereichen Menschenrechte, Arbeit, Umwelt und Korruptionsbekämpfung im Einklang mit internationalen Normen gerecht wird, darunter denjenigen, die in den OECD-Leitsätzen für multinationale Unternehmen, den Leitprinzipien der Vereinten Nationen für Wirtschaft und Menschenrechte, dem UN Global Compact (UNGC) und den IAO-Standards der Internationalen Arbeitsorganisation (ILO) festgelegt sind, kommen für nachhaltige Investitionen nicht infrage.
In der EU-Taxonomie ist der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" festgelegt, nach dem taxonomiekonforme Investitionen die Ziele der EU-Taxonomie nicht erheblich beeinträchtigen dürfen, und es sind spezifische EU-Kriterien beigefügt. Der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" findet nur bei denjenigen dem Finanzprodukt zugrunde liegenden Investitionen Anwendung, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten berücksichtigen. Die dem verbleibenden Teil dieses  Finanzprodukts zugrunde  liegenden Investitionen berücksichtigen nicht die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten. Alle anderen nachhaltigen Investitionen dürfen ökologische oder soziale Ziele ebenfalls nicht erheblich beeinträchtigen.

###### Werden bei diesem Finanzprodukt die wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Ja
- NeinDie wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren werden mit Hilfe einer Vielzahl von Instrumenten berücksichtigt und in Anlageentscheidungen einbezogen. Hierzu zählen:
- Due Diligence – Analyse, ob die wichtigsten nachteiligen Auswirkungen (PAI) wesentlich und negativ sind.
- ESG-Rating – Fidelity bezieht sich auf ESG-Ratings, die wesentliche nachteilige Auswirkungen wie CO2-Emissionen, Mitarbeitersicherheit, Bestechung und Korruption sowie Wassermanagement berücksichtigen, und bei den von Staaten ausgegebenen Wertpapieren berücksichtigen die verwendeten Ratings wichtige nachteilige Auswirkungen (PAI) wie CO2-Emissionen, Sozialverstöße und die Meinungsfreiheit.
- Ausschlusskriterien – Bei Direktanlagen in Unternehmen als Emittenten wendet der Teilfonds die (unten definierten) Ausschlusskriterien an, um die wichtigsten nachteiligen Auswirkungen abzumildern. Dazu schließt er schädliche Sektoren aus und verbietet Investitionen in Emittenten, die gegen internationale Standards wie den UNGC verstoßen.
- Mitwirkung – Fidelity nutzt Mitwirkung als ein Instrument, um die wichtigsten nachteiligen Auswirkungen besser zu verstehen und sich unter bestimmten Umständen für die Abmilderung der wichtigsten nachteiligen Auswirkungen einzusetzen. Fidelity beteiligt sich an relevanten individuellen und kollaborativen Arten der Mitwirkung, die auf eine Reihe von wichtigen negativen Auswirkungen abzielen (z. B. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Abstimmungsverhalten – Die Abstimmungspolitik von Fidelity umfasst bei Unternehmen als Emittenten explizite Mindeststandards für die Geschlechtervielfalt im Aufsichtsrat und die Auseinandersetzung mit dem Klimawandel. Fidelity kann auch auf eine Weise abstimmen, dass die wichtigsten nachteiligen Auswirkungen abgemildert werden.
- Vierteljährliche Überprüfungen – Überwachung der wichtigsten nachteiligen Auswirkungen (PAI) durch den vierteljährlichen Überprüfungsprozess des Teilfonds.

Wenn es um die Frage geht, ob Investitionen eine wesentliche nachteilige Auswirkung haben, berücksichtigt Fidelity für jeden Nachhaltigkeitsfaktor spezifische Indikatoren. Diese Indikatoren hängen von der Datenverfügbarkeit ab und können sich mit zunehmender Datenqualität und
-verfügbarkeit weiterentwickeln.
Informationen über die wichtigsten nachteiligen Auswirkungen werden im Jahresbericht des Teilfonds zur Verfügung gestellt.
Die Anlagestrategie dient aIs Richtschnur für Investitionsentscheidun- gen, wobei bestimmte Kriterien wie beispielsweise Investitionsziele oder Risikotoleranz
berücksichtigt werden.
Mindestens 50% des Fondsvermögens werden in Wertpapiere mit guten ESG-Eigenschaften investiert.
Ob ESG-Eigenschaften eine gute Ausprägung haben, wird anhand von ESG-Ratings externer Agenturen und Fidelity ESG-Ratings ermittelt.
In Bezug auf seine Direktanlagen in Unternehmensemittenten berücksichtigt der Teilfonds:
a) eine unternehmensweite Ausschlussliste, die Streumunition und Antipersonenlandminen umfasst; und
- eine normenbasierte Filterung von Emittenten, die nach Ansicht des Investmentmanagers ihre Geschäfte nicht in Übereinstimmung mit internationalen Normen, darunter den im UNGC festgelegten, durchgeführt haben.

Die oben genannten Ausschluss- und Filterkriterien (die „Ausschlusskriterien“) werden möglicherweise von Zeit zu Zeit aktualisiert. Weitere Informationen erhalten Sie auf der Website Sustainable investing framework (fidelityinternational.com).
Es steht zudem im Ermessen des Investmentmanagers, von Zeit zu Zeit erweiterte, strengere Nachhaltigkeitsanforderungen und Ausschlusskriterien anzuwenden.
Worin bestehen die verbindlichen Elemente der Anlagestrategie, die für die Auswahl der Investitionen zur Erfüllung der beworbenen ökologischen oder sozialen Ziele verwendet werden?
Der Teilfonds investiert:
- mindestens 50% seines Vermögens in Emittenten mit guten ESG-Eigenschaften;
- mindestens 5% in nachhaltige Anlagen, von denen mindestens 0% ein Umweltziel verfolgen (das sich an der EU-Taxonomie orientiert), mindestens 1% ein Umweltziel (das sich nicht an der EU-Taxonomie orientiert) und mindestens 1% ein Sozialziel.

Darüber hinaus wird der Teilfonds systematisch die oben beschriebenen Ausschlusskriterien anwenden.
Um welchen Mindestsatz wird der Umfang der vor der Anwendung dieser Anlagestrategie in Betracht gezogenen Investitionen reduziert?
Diese Frage ist hier nicht relevant.
Die Verfahrensweisen einer guten
Unternehmensführung umfassen solide Managementstrukturen, die Beziehungen zu den Arbeitnehmern, die Vergütung von Mitarbeitern sowie die Einhaltung der Steuervorschriften.
Wie werden die Verfahrensweisen einer guten Unternehmensführung der Unternehmen, in die investiert wird, bewertet?
Die Governance-Praktiken der Emittenten werden anhand von Fundamentalresearch bewertet, darunter im Rahmen der von externen Agenturen oder Fidelity bereitgestellten ESG-Ratings.
Zu den wichtigsten der analysierten Fragen gehören die Erfolgsbilanz hinsichtlich: Kapitalallokation, finanzieller Transparenz, Transaktionen mit nahestehenden Unternehmen und Personen, Unabhängigkeit und Größe des Vorstands, Vergütung von Führungskräften, Wirtschaftsprüfung und interner Revision, Rechte der Minderheitsaktionäre und anderer Indikatoren. Für staatliche Emittenten werden Faktoren wie Korruption und Meinungsfreiheit einbezogen.
Die Vermögensallokation gibt den jeweiligen Anteil der Investitionen in bestimmte Vermögenswerte an.
Taxonomiekonforme Tätigkeiten, ausgedrückt durch den Anteil der:
- Umsatzerlöse, die den Anteil der Einnahmen aus umweltfreundlichenAktivitäten der Unternehmen, in die investiert wird, widerspiegeln
- Investitionsausgaben (CapEx), die die umweltfreundlichen Investitionen der Unternehmen, in die investiert wird, aufzeigen,z.B. für den Übergang zu einer grünen Wirtschaft- Betriebsausgaben (OpEx), die die umweltfreundlichenbetrieblichen Aktivitäten der Unternehmen, in die investiert wird, widerspiegeln(#1 Ausgerichtet an E/S-Eigenschaften) Der Teilfonds investiert:
- mindestens 50% seines	Vermögens	in	Wertpapieren	von	Emittenten	mit	guten ESG-Eigenschaften;
- mindestens 5% seines Vermögens in nachhaltigen (#1A nachhaltig), von denen mindestens 0% ein	ökologisches	Ziel	(das	mit	der	EU-Taxonomie	übereinstimmt), mindestens 1% ein ökologisches Ziel (das nicht mit der EU-Taxonomie übereinstimmt) und mindestens 1% ein Sozialziel haben. Die übrigen nachhaltigen Anlagen des Teilfonds können ein Umwelt- oder Sozialziel verfolgen.

Sonstige Umweltziele 1%
(#1B Sonstige E/S-Eigenschaften) Umfasst Wertpapiere von Emittenten mit guten ESG-Eigenschaften, die aber keine nachhaltigen Anlagen sind.
Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale
50%
#1A Nachhaltige Investitionen
5%
#1B Andere ökologische oder soziale Merkmale
Soziales 1%
#2 Andere Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst Investitionen des Finanzprodukts, die zur Erreichung der beworbenen ökologischen oder sozialen Merkmale getätigt wurden.
#2 Andere Investitionen umfasst die übrigen Investitionen des Finanzprodukts, die weder auf ökologische oder soziale Merkmale ausgerichtet sind noch als nachhaltige Investitionen eingestuft werden.
Die Kategorie #1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst folgende Unterkategorien:
Die Unterkategorie #1A Nachhaltige Investitionen umfasst nachhaltige Investitionen mit ökologischen oder sozialen Zielen.
Die Unterkategorie #1B Andere ökologische oder soziale Merkmale umfasst Investitionen, die auf ökologische oder soziale Merkmale ausgerichtet sind, aber nicht als nachhaltige Investitionen eingestuft werden.
Inwiefern werden durch den Einsatz von Derivaten die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht?
Wenn das einem Derivat zugrunde liegende Wertpapier im Einklang mit dem System für nachhaltiges Investieren von Fidelity gute ESG-Eigenschaften aufweist, darf das Derivat zur Feststellung des Teilfondsanteils berücksichtigt werden, der Umwelt- oder Sozialeigenschaften fördert.
In welchem Mindestmaß sind nachhaltige Investitionen mit einem Umweltziel mit der EU-Taxonomie konform?
Der Teilfonds investiert mindestens 0% in nachhaltige Anlagen mit einem Umweltziel, die mit der EU-Taxonomie konform sind.
Die Konformität der Anlagen des Teilfonds mit der EU-Taxonomie wird nicht durch Wirtschaftsprüfer oder mittels einer Überprüfung durch Dritte sichergestellt.
Die Ausrichtung der zugrunde liegenden Anlagen des Teilfonds an der EU-Taxonomie wird anhand des Umsatzes gemessen.
Investiert das Finanzprodukt in Aktivitäten im Zusammenhang mit fossilem Gas und/oder Kernenergie, die der EU-Taxonomie¹ entsprechen?
- JaNein
- In fossiles Gas	In KernenergieWie hoch ist der Mindestanteil der Investitionen in Übergangstätigkeiten und ermöglichende Tätigkeiten?

Der Teilfonds investiert mindestens 0% in Übergangstätigkeiten und ermöglichende Tätigkeiten.
Wie hoch ist der Mindestanteil nachhaltiger Investitionen mit einem Umweltziel, die nicht mit der EU-Taxonomie konform sind?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Umweltziel, das nicht mit der EU-Taxonomie konform ist.
Die Anlagen können zwar mit der EU-Taxonomie konform sein, aber der Investmentmanager ist derzeit nicht in der Lage, den genauen Anteil der Anlagen des Teilfonds anzugeben, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftstätigkeiten berücksichtigen. Die Position wird jedoch weiterhin überprüft, wenn die zugrunde liegenden Regeln festgelegt sind und im Laufe der Zeit mehr zuverlässige Daten zur Verfügung stehen.
¹ Tätigkeiten im Bereich fossiles Gas und/oder Kernenergie sind nur dann EU-taxonomiekonform, wenn sie zur Eindämmung des Klimawandels („Klimaschutz“) beitragen und kein Ziel der EU-Taxonomie erheblich beeinträchtigen – siehe Erläuterung am linken Rand. Die vollständigen Kriterien für EU-taxonomiekonforme Wirtschaftstätigkeiten im Bereich fossiles Gas und Kernenergie sind in der Delegierten Verordnung (EU) 2022/1214 der Kommission festgelegt.
Wie hoch ist der Mindestanteil der sozial nachhaltigen Investitionen?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Sozialziel.
Welche Investitionen fallen unter ,,#2 Andere Investitionen", welcher Anlagezweck wird mit ihnen verfolgt und gibt es einen ökologischen oder sozialen Mindestschutz?
Die verbleibenden Anlagen des Teilfonds erfolgen in Instrumenten, die zum Finanzziel des Teilfonds passen, und für Liquiditätszwecke in liquiden Mitteln und liquiden Mitteln gleichstehenden Mitteln sowie in Derivaten, die als Anlagen und für eine effiziente Portfolioverwaltung eingesetzt werden können.
Zur Gewährleistung eines Mindestmaßes an Umwelt- und Sozialabsicherungen wendet der Teilfonds die Ausschlusskriterien an.

###### Wurde ein Index als Referenzwert bestimmt, um festzustellen, ob dieses Finanzprodukt auf die beworbenen ökologischen und/oder sozialen Merkmale ausgerichtet ist?
Es wird kein bestimmter Index als Referenzbenchmark angegeben, um festzustellen, ob dieses Finanzprodukt zu den geförderten Umwelt- oder Sozialeigenschaften passt.
Bei den Referenzwerten handelt es sich um Indizes, mit denen gemessen wird, ob das Finanzprodukt die beworbenen ökologischen oder sozialen Merkmale erreicht.
Inwiefern ist der Referenzwert kontinuierlich auf die mit dem Finanzprodukt beworbenen ökologischen und sozialen Merkmale ausgerichtet?
Diese Frage ist hier nicht relevant.
Wie wird die kontinuierliche Ausrichtung der Anlagestrategie auf die Indexmethode sichergestellt?
Diese Frage ist hier nicht relevant.
Wie unterscheidet sich der bestimmte Index von einem relevanten breiten Marktindex?
Diese Frage ist hier nicht relevant.
Wo kann die Methode zur Berechnung des bestimmten Indexes eingesehen werden?
Diese Frage ist hier nicht relevant.

###### 	Wo kann ich im Internet weitere produktspezifische Informationen finden?
Weitere produktspezifische Informationen finden Sie auf der Website: https:/www.fidelity.lu/funds/factsheet/LU0882574303/tab-disclosure#SFDR-disclosure. 
Weitere Informationen zu den hier dargelegten Methoden finden Sie auf der Website: System fürnachhaltiges Investieren (fidelityinternational.com).
Vorvertragliche Informationen zu den in Artikel 8 Absätze 1, 2 und 2a der Verordnung (EU) 2019/2088 und Artikel 6 Absatz 1 der Verordnung (EU) 2020/852 genannten Finanzprodukten
Name des Produkts:	Unternehmenskennung (LEI- Code):
Fidelity Funds - Global Inflation-linked Bond Fund	78VTRQN40UWE9NYCJW22

###### Ökologische und/oder soziale Merkmale
| Werden mit diesem Finanzprodukt nachhaltige Investitionen angestrebt? |
| --- |
|  | - Ja
 |  | Nein |
| - Es wird damit ein MindestanteiI an nachhaltigen Investitionen mit einem Umweltziel getätigt:%
	- in Wirtschaftstätigkeiten, die nach derEU-Taxonomie als ökologisch nachhaltig einzustufen sind

- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie nicht als ökologisch nachhaltig einzustufen sind
- Es wird damit ein Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel getätigt:%
 | - Es werden damit ökologische/soziale Merkmale beworben und obwohl keine nachhaltigenInvestitionen angestrebt werden, enthält es einen Mindestanteil von % an nachhaltigen Investitionen.
- mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie als ökologisch nachhaltig einzustufen sind
- mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie nicht als ökologisch nachhaltig einzustufen sind
- mit einem sozialen ZielEs	werden		damit	ökologische/soziale Merkmale	beworben,		aber	keinenachhaltigen Investitionen getätigt.
 |

Welche ökologischen und/ oder sozialen Merkmale werden mit diesem Finanzprodukt beworben?
Mit Nachhaltigkeitsin- dikatoren wird gemessen, inwieweit die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht werden.
Der Teilfonds fördert Umwelt- und Sozialeigenschaften, indem er in Wertpapiere von Emittenten mit guten ESG-Eigenschaften investiert. Gute ESG-Eigenschaften werden anhand von ESG-Ratings ermittelt. ESG-Ratings berücksichtigen Umwelteigenschaften wie CO2-Intensität, CO2-Emissionen, Energieeffizienz, Wasser- und Abfallmanagement und Biodiversität sowie Sozialeigenschaften wie Produktsicherheit, Lieferkette, Gesundheit und Sicherheit sowie Menschenrechte.
Es wurde keine Benchmark angegeben, um festzustellen, ob die geförderten Umwelt- und Sozialeigenschaften erreicht werden.
Welche Nachhaltigkeitsindikatoren werden zur Messung der Erreichung der einzelnen ökologischen oder sozialen Merkmale, die durch dieses Finanzprodukt beworben werden, herangezogen?
Der Teilfonds verwendet die folgenden Nachhaltigkeitsindikatoren, um die Ausprägung der von ihm geförderten Umwelt- oder Sozialeigenschaften zu messen:
- der  Prozentsatz des Teilfonds, der in Wertpapieren von Emittenten mit guten ESG-Eigenschaften im Einklang mit dem System für nachhaltiges Investieren von Fidelity investiert ist; und
- der Prozentsatz des Teilfonds, der in Wertpapiere von Unternehmen als Emittenten investiert ist, auf die die (unten definierten) Ausschlusskriterien zutreffen.

Welches sind die Ziele der nachhaltigen Investitionen, die mit dem
Finanzprodukt teilweise getätigt werden sollen, und wie trägt die nachhaltige Investition zu diesen Zielen bei?
Diese Frage ist hier nicht relevant, da der Teilfonds nicht beabsichtigt, nachhaltige Investitionen zu tätigen.
Inwiefern werden die nachhaltigen Investitionen, die mit dem Finanzprodukt teilweise getätigt werden sollen, keinem der ökologischen oder sozialen nachhaltigen Anlageziele erheblich schaden?
Diese Frage ist hier nicht relevant, da der Teilfonds nicht beabsichtigt, nachhaltige Investitionen zu tätigen.
Bei den wichtigsten nachteiligen Auswirkungen handelt es sich um die bedeutendsten nachteiligen Auswirkungen von Investitionsentscheidun- gen auf NachhaItigkeitsfaktoren in den Bereichen Umwelt, Soziales und Beschäftigung, Achtung der Menschenrechte und Bekämpfung von Korruption und Bestechung.
Wie wurden die Indikatoren für nachteilige Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Diese Frage ist hier nicht relevant.
Wie stehen die nachhaltigen Investitionen mit den OECD-Leitsätzen für multinationale Unternehmen und den Leitprinzipien der Vereinten Nationen für Wirtschaft und
Menschenrechte in Einklang? Nähere Angaben:
Diese Frage ist hier nicht relevant.
In der EU-Taxonomie ist der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" festgelegt, nach dem taxonomiekonforme Investitionen die Ziele der EU-Taxonomie nicht erheblich beeinträchtigen dürfen, und es sind spezifische EU-Kriterien beigefügt. Der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" findet nur bei denjenigen dem Finanzprodukt zugrunde liegenden Investitionen Anwendung, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten berücksichtigen. Die dem verbleibenden Teil dieses  Finanzprodukts zugrunde  liegenden Investitionen berücksichtigen nicht die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten. Alle anderen nachhaltigen Investitionen dürfen ökologische oder soziale Ziele ebenfalls nicht erheblich beeinträchtigen.

###### Werden bei diesem Finanzprodukt die wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Ja
- NeinDie wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren werden mit Hilfe einer Vielzahl von Instrumenten berücksichtigt und in Anlageentscheidungen einbezogen. Hierzu zählen:
- Due Diligence – Analyse, ob die wichtigsten nachteiligen Auswirkungen (PAI) wesentlich und negativ sind.
- ESG-Rating – Fidelity bezieht sich auf ESG-Ratings, die wesentliche nachteilige Auswirkungenwie CO2-Emissionen, Mitarbeitersicherheit, Bestechung und Korruption sowie Wassermanagement berücksichtigen, und bei den von Staaten ausgegebenen Wertpapieren berücksichtigen die verwendeten Ratings wichtige nachteilige Auswirkungen (PAI) wie CO2-Emissionen, Sozialverstöße und die Meinungsfreiheit.
- Ausschlusskriterien – Bei Direktanlagen in Unternehmen als Emittenten wendet der Teilfonds die (unten definierten) Ausschlusskriterien an, um die wichtigsten nachteiligen Auswirkungen abzumildern. Dazu schließt er schädliche Sektoren aus und verbietet Investitionen in Emittenten, die gegen internationale Standards wie den UNGC verstoßen.
- Mitwirkung – Fidelity nutzt Mitwirkung als ein Instrument, um die wichtigsten nachteiligen Auswirkungen besser zu verstehen und sich unter bestimmten Umständen für die Abmilderung der wichtigsten nachteiligen Auswirkungen einzusetzen. Fidelity beteiligt sich an relevanten individuellen und kollaborativen Arten der Mitwirkung, die auf eine Reihe von wichtigen negativen Auswirkungen abzielen (z. B. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Abstimmungsverhalten – Die Abstimmungspolitik von Fidelity umfasst bei Unternehmen als Emittenten explizite Mindeststandards für die Geschlechtervielfalt im Aufsichtsrat und die Auseinandersetzung mit dem Klimawandel. Fidelity kann auch auf eine Weise abstimmen, dass die wichtigsten nachteiligen Auswirkungen abgemildert werden.
- Vierteljährliche Überprüfungen – Überwachung der wichtigsten nachteiligen Auswirkungen (PAI) durch den vierteljährlichen Überprüfungsprozess des Teilfonds.

Wenn es um die Frage geht, ob Investitionen eine wesentliche nachteilige Auswirkung haben, berücksichtigt Fidelity für jeden Nachhaltigkeitsfaktor spezifische Indikatoren. Diese Indikatoren hängen von der Datenverfügbarkeit ab und können sich mit zunehmender Datenqualität und
-verfügbarkeit weiterentwickeln.
Informationen über die wichtigsten nachteiligen Auswirkungen werden im Jahresbericht des Teilfonds zur Verfügung gestellt.
Die Anlagestrategie dient aIs Richtschnur für Investitionsentscheidun- gen, wobei bestimmte Kriterien wie beispielsweise Investitionsziele oder Risikotoleranz
berücksichtigt werden.

######  Welche Anlagestrategie wird mit diesem Finanzprodukt verfolgt?
Mindestens 50% des Nettovermögens des Teilfonds werden in Wertpapiere investiert, die gute ESG-Eigenschaften aufweisen.
Ob ESG-Eigenschaften gut sind, wird anhand von ESG-Ratings externer Agenturen und von Fidelity ESG-Ratings ermittelt.
In Bezug auf seine Direktanlagen in Unternehmensemittenten berücksichtigt der Teilfonds:
a) eine unternehmensweite Ausschlussliste, die Streumunition und Antipersonenlandminen umfasst; und
(b) eine normenbasierte Filterung von Emittenten, die nach Ansicht des Investmentmanagers ihre Geschäfte nicht in Übereinstimmung mit internationalen Normen, darunter den im UNGC festgelegten, durchgeführt haben.
Die oben genannten Ausschluss- und Filterkriterien (die „Ausschlusskriterien“) werden möglicherweise von Zeit zu Zeit aktualisiert. Weitere Informationen erhalten Sie auf der Website Sustainable investing framework (fidelityinternational.com).
Es steht zudem im Ermessen des Investmentmanagers, von Zeit zu Zeit erweiterte, strengere Nachhaltigkeitsanforderungen und Ausschlusskriterien anzuwenden.
Worin bestehen die verbindlichen Elemente der Anlagestrategie, die für die Auswahl der Investitionen zur Erfüllung der beworbenen ökologischen oder sozialen Ziele verwendet werden?
Der  Fonds  wird  mindestens  50%  seines  Vermögens  in  Emittenten  mit  guten ESG-Eigenschaften investieren.
Darüber hinaus wird der Teilfonds die oben beschriebenen Ausschlusskriterien auf alle Direktanlagen bei Unternehmensemittenten anwenden.
Um welchen Mindestsatz wird der Umfang der vor der Anwendung dieser Anlagestrategie in Betracht gezogenen Investitionen reduziert?
Diese Frage ist hier nicht relevant.
Die Verfahrensweisen einer guten
Unternehmensführung umfassen solide Managementstrukturen, die Beziehungen zu den Arbeitnehmern, die Vergütung von Mitarbeitern sowie die Einhaltung der Steuervorschriften.
Wie werden die Verfahrensweisen einer guten Unternehmensführung der Unternehmen, in die investiert wird, bewertet?
Die Governance-Praktiken der Emittenten werden anhand von Fundamentalresearch bewertet, darunter im Rahmen der von externen Agenturen oder Fidelity bereitgestellten ESG-Ratings.
Zu den wichtigsten der analysierten Fragen gehören die Erfolgsbilanz hinsichtlich: Kapitalallokation, finanzieller Transparenz, Transaktionen mit nahestehenden Unternehmen und Personen, Unabhängigkeit und Größe des Vorstands, Vergütung von Führungskräften, Wirtschaftsprüfung und interner Revision, Rechte der Minderheitsaktionäre und anderer Indikatoren. Für staatliche Emittenten werden Faktoren wie Korruption und Meinungsfreiheit einbezogen.
Die Vermögensallokation gibt den jeweiligen Anteil der Investitionen in bestimmte Vermögenswerte an.
Taxonomiekonforme Tätigkeiten, ausgedrückt durch den Anteil der:
- Umsatzerlöse, die den Anteil der Einnahmen aus umweltfreundlichenAktivitäten der Unternehmen, in die investiert wird, widerspiegeln
- Investitionsausgaben (CapEx), die die umweltfreundlichen Investitionen der Unternehmen, in die investiert wird, aufzeigen,z.B. für den Übergang zu einer grünen Wirtschaft- Betriebsausgaben (OpEx), die die umweltfreundlichenbetrieblichen Aktivitäten der Unternehmen, in die investiert wird, widerspiegelnWelche Vermögensallokation ist für dieses Finanzprodukt geplant? 

(#1 Ausgerichtet an E/S-Eigenschaften) Der Teilfonds investiert mindestens 50 seines Vermögens in Wertpapiere von Emittenten mit guten ESG-Eigenschaften.
Inwiefern werden durch den Einsatz von Derivaten die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht?
Wenn das einem Derivat zugrunde liegende Wertpapier im Einklang mit dem System für nachhaltiges Investieren von Fidelity gute ESG-Eigenschaften aufweist, darf das Derivat zur Feststellung des Teilfondsanteils berücksichtigt werden, der Umwelt- oder Sozialeigenschaften fördert.
In welchem Mindestmaß sind nachhaltige Investitionen mit einem Umweltziel mit der EU-Taxonomie konform?
Der Teilfonds investiert mindestens 0% in nachhaltige Anlagen mit einem Umweltziel, die mit der EU-Taxonomie konform sind.
Die Konformität der Anlagen des Teilfonds mit der EU-Taxonomie wird nicht durch Wirtschaftsprüfer oder mittels einer Überprüfung durch Dritte sichergestellt.
Die Ausrichtung der zugrunde liegenden Anlagen des Teilfonds an der EU-Taxonomie wird anhand des Umsatzes gemessen.
Investiert das Finanzprodukt in Aktivitäten im Zusammenhang mit fossilem Gas und/oder Kernenergie, die der EU-Taxonomie¹ entsprechen?
- JaNein
- In fossiles Gas	In KernenergieWie hoch ist der Mindestanteil der Investitionen in Übergangstätigkeiten und ermöglichende Tätigkeiten?

Der Teilfonds investiert mindestens 0% in Übergangstätigkeiten und ermöglichende Tätigkeiten.
Wie hoch ist der Mindestanteil nachhaltiger Investitionen mit einem Umweltziel, die nicht mit der EU-Taxonomie konform sind?
Diese Frage ist hier nicht relevant, da der Teilfonds nicht beabsichtigt, nachhaltige Investitionen zu tätigen.
Wie hoch ist der Mindestanteil der sozial nachhaltigen Investitionen?
Diese Frage ist hier nicht relevant, da der Teilfonds nicht beabsichtigt, nachhaltige Investitionen zu tätigen.
¹ Tätigkeiten im Bereich fossiles Gas und/oder Kernenergie sind nur dann EU-taxonomiekonform, wenn sie zur Eindämmung des Klimawandels („Klimaschutz“) beitragen und kein Ziel der EU-Taxonomie erheblich beeinträchtigen – siehe Erläuterung am linken Rand. Die vollständigen Kriterien für EU-taxonomiekonforme Wirtschaftstätigkeiten im Bereich fossiles Gas und Kernenergie sind in der Delegierten Verordnung (EU) 2022/1214 der Kommission festgelegt.
wird mit ihnen verfolgt und gibt es einen ökologischen oder sozialen Mindestschutz?
Die verbleibenden Anlagen des Teilfonds erfolgen in Instrumenten, die zum Finanzziel des Teilfonds passen, und für Liquiditätszwecke in liquiden Mitteln und liquiden Mitteln gleichstehenden Mitteln sowie in Derivaten, die als Anlagen und für eine effiziente Portfolioverwaltung eingesetzt werden können.
Zur Gewährleistung eines Mindestmaßes an Umwelt- und Sozialabsicherungen wendet der Teilfonds die Ausschlusskriterien an.

###### Wurde ein Index als Referenzwert bestimmt, um festzustellen, ob dieses Finanzprodukt auf die beworbenen ökologischen und/oder sozialen Merkmale ausgerichtet ist?
Es wird kein bestimmter Index als Referenzbenchmark angegeben, um festzustellen, ob dieses Finanzprodukt zu den geförderten Umwelt- oder Sozialeigenschaften passt.
Bei den Referenzwerten handelt es sich um Indizes, mit denen gemessen wird, ob das Finanzprodukt die beworbenen ökologischen oder sozialen Merkmale erreicht.
Inwiefern ist der Referenzwert kontinuierlich auf die mit dem Finanzprodukt beworbenen ökologischen und sozialen Merkmale ausgerichtet?
Diese Frage ist hier nicht relevant.
Wie wird die kontinuierliche Ausrichtung der Anlagestrategie auf die Indexmethode sichergestellt?
Diese Frage ist hier nicht relevant.
Wie unterscheidet sich der bestimmte Index von einem relevanten breiten Marktindex?
Diese Frage ist hier nicht relevant.
Wo kann die Methode zur Berechnung des bestimmten Indexes eingesehen werden?
Diese Frage ist hier nicht relevant.

###### 	Wo kann ich im Internet weitere produktspezifische Informationen finden?
Weitere produktspezifische Informationen finden Sie auf der Website: https:/www.fidelity.lu/funds/factsheet/LU0353648891/tab-disclosure#SFDR-disclosure. 
Weitere Informationen zu den hier dargelegten Methoden finden Sie auf der Website: System fürnachhaltiges Investieren (fidelityinternational.com).
2019/2088 und Artikel 6 Absatz 1 der Verordnung (EU) 2020/852 genannten Finanzprodukten
Name des Produkts:	Unternehmenskennung (LEI- Code):
Fidelity Funds - Global Short Duration Income Fund	549300DE58GK4SNQH841

###### Ökologische und/oder soziale Merkmale
| Werden mit diesem Finanzprodukt nachhaltige Investitionen angestrebt? |
| --- |
|  | - Ja
 |  | Nein |
| - Es wird damit ein MindestanteiI an nachhaltigen Investitionen mit einem Umweltziel getätigt:%
	- in Wirtschaftstätigkeiten, die nach derEU-Taxonomie als ökologisch nachhaltig einzustufen sind

- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie nicht als ökologisch nachhaltig einzustufen sind
- Es wird damit ein Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel getätigt:%
 | Es werden damit ökologische/soziale Merkmale beworben und obwohl keine nachhaltigen Investitionen angestrebt werden, enthält es einen Mindestanteil von 5% an nachhaltigen Investitionen. - mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie als ökologisch nachhaltig einzustufen sindmit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie nicht als ökologisch nachhaltig einzustufen sindmit einem sozialen Ziel
- Es	werden		damit	ökologische/soziale Merkmale	beworben,		aber	keinenachhaltigen Investitionen getätigt.
 |

Welche ökologischen und/ oder sozialen Merkmale werden mit diesem Finanzprodukt beworben?
Mit Nachhaltigkeitsin- dikatoren wird gemessen, inwieweit die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht werden.
Der Teilfonds fördert Umwelt- und Sozialeigenschaften, indem er in Wertpapiere von Emittenten mit guten ESG-Eigenschaften investiert. Gute ESG-Eigenschaften werden anhand von ESG-Ratings ermittelt. ESG-Ratings berücksichtigen Umwelteigenschaften wie CO2-Intensität, CO2-Emissionen, Energieeffizienz, Wasser- und Abfallmanagement und Biodiversität sowie Sozialeigenschaften wie Produktsicherheit, Lieferkette, Gesundheit und Sicherheit sowie Menschenrechte.
Der Teilfonds ist in gewissem Maße bestrebt, nachhaltige Anlagen zu tätigen.
Es wird keine Referenzbenchmark festgelegt, um die geförderten Umwelt- und Sozialeigenschaften zu erreichen.
einzelnen ökologischen oder sozialen Merkmale, die durch dieses Finanzprodukt beworben werden, herangezogen?
Der Teilfonds verwendet die folgenden Nachhaltigkeitsindikatoren, um die Ausprägung der von ihm geförderten Umwelt- oder Sozialeigenschaften zu messen:
- der  Prozentsatz des Teilfonds, der in Wertpapieren von Emittenten mit guten ESG-Eigenschaften im Einklang mit dem System für nachhaltiges Investieren von Fidelity investiert ist;
- der Prozentsatz des Teilfonds, der in Wertpapiere von Emittenten investiert ist, auf die Ausschlusskriterien (wie unten definiert) zutreffen;
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen investiert ist; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel bei Wirtschaftsaktivitäten investiert ist, die gemäß der EU-Taxonomie als ökologisch nachhaltig gelten; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel investiert ist.

Welches sind die Ziele der nachhaltigen Investitionen, die mit dem
Finanzprodukt teilweise getätigt werden sollen, und wie trägt die nachhaltige Investition zu diesen Zielen bei?
Für den Teilfonds gilt eine Anlage in folgende Emittenten als nachhaltig:
- Emittenten, die wirtschaftliche Tätigkeiten ausüben, die zu einem oder mehreren der in der EU-Taxonomie festgelegten Umweltziele beitragen und gemäß der EU-Taxonomie als ökologisch nachhaltig gelten; oder
- Emittenten, bei denen der Großteil ihrer Geschäftstätigkeit (mehr als 50% des Umsatzes) zu Umwelt- oder Sozialzielen beiträgt, die mit einem oder mehreren der Ziele der Vereinten Nationen für nachhaltige Entwicklung („SDG“) in Einklang stehen; oder
- Emittenten, die ein Dekarbonisierungsziel festgelegt haben, das mit einem Temperaturanstiegsszenario mit 1,5 Grad oder weniger vereinbar ist (überprüft durch die Science Based Target Initiative oder ein Fidelity Proprietary Climate Rating), das als Beitrag zu Umweltzielen angesehen wird;sofern sie keinen wesentlichen Schaden anrichten, Mindestabsicherungen bieten und gute Governance-Kriterien aufweisen.

teilweise getätigt werden sollen, keinem der ökologischen oder sozialen nachhaltigen Anlageziele erheblich schaden?
Nachhaltige Anlagen werden auf ihre Beteiligung an Aktivitäten überprüft, die erheblichen Schaden und Kontroversen verursachen, und durch eine Kontrolle bewertet, ob der Emittent Mindestabsicherungen und -standards hinsichtlich der wichtigsten nachteiligen Auswirkungen (PAI) sowie eine Leistung bei den PAI-Kennzahlen umsetzt bzw. erfüllt. Dazu gehören:
- Normenbasierte Filterkriterien – das Filtern von Wertpapieren, die gemäß den bestehenden (unten beschriebenen) normenbasierten Ausschlusskriterien von Fidelity ermittelt wurden, anhand von:
- aktivitätsbasierten Filterkriterien – das Filtern von Emittenten auf der Grundlage ihrer Beteiligung an Aktivitäten mit erheblichen negativen Auswirkungen auf die Gesellschaft oder die Umwelt, darunter Körperschaften, bei denen aufgrund der Ausschlusskriterien für Kontroversen eine „sehr gravierende“ Kontroverse vorliegt, die im Bereich
- Umwelt,
- Menschenrechte und Gemeinschaften,
- Arbeitnehmerrechte und Lieferkette,
- Kunden,
- Governance angesiedelt ist; und
	- anhand von PAI-Indikatoren – Quantitative Daten (sofern verfügbar) zu PAI-Indikatoren werden verwendet, um zu bewerten, ob ein Emittent an Aktivitäten beteiligt ist, die einem Umwelt- oder Sozialziel erheblichen Schaden zufügen.


Bei den wichtigsten nachteiligen Auswirkungen handelt es sich um die bedeutendsten nachteiligen Auswirkungen von Investitionsentscheidun- gen auf NachhaItigkeitsfaktoren in den Bereichen Umwelt, Soziales und Beschäftigung, Achtung der Menschenrechte und Bekämpfung von Korruption und Bestechung.
Wie wurden die Indikatoren für nachteilige Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Für nachhaltige Anlagen, wie oben beschrieben, führt Fidelity eine quantitative Bewertung durch, um Emittenten mit einer problematischen Leistung bei PAI-Indikatoren zu ermitteln. Emittenten mit einer niedrigen Punktzahl kommen nur dann für „nachhaltige Anlagen“ infrage, wenn die Fundamentalresearch von Fidelity feststellt, dass der Emittent nicht gegen die Anforderungen verstößt, „keinen wesentlichen Schaden anrichtet“ oder sich auf einem Weg befindet, um die nachteiligen Auswirkungen durch effektives Management oder einen Übergang abzumildern.
Wie stehen die nachhaltigen Investitionen mit den OECD-Leitsätzen für multinationale Unternehmen und den Leitprinzipien der Vereinten Nationen für Wirtschaft und
Menschenrechte in Einklang? Nähere Angaben:
Es werden normenbasierte Filterkriterien angewendet: Emittenten, bei denen festgestellt wurde, dass sie sich nicht in einer Weise verhalten, die ihrer grundlegenden Verantwortung in den Bereichen Menschenrechte, Arbeit, Umwelt und Korruptionsbekämpfung im Einklang mit internationalen Normen gerecht wird, darunter denjenigen, die in den OECD-Leitsätzen für multinationale Unternehmen, den Leitprinzipien der Vereinten Nationen für Wirtschaft und Menschenrechte, dem UN Global Compact (UNGC) und den IAO-Standards der Internationalen Arbeitsorganisation (ILO) festgelegt sind, kommen für nachhaltige Investitionen nicht infrage.
In der EU-Taxonomie ist der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" festgelegt, nach dem taxonomiekonforme Investitionen die Ziele der EU-Taxonomie nicht erheblich beeinträchtigen dürfen, und es sind spezifische EU-Kriterien beigefügt. Der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" findet nur bei denjenigen dem Finanzprodukt zugrunde liegenden Investitionen Anwendung, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten berücksichtigen. Die dem verbleibenden Teil dieses  Finanzprodukts zugrunde  liegenden Investitionen berücksichtigen nicht die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten. Alle anderen nachhaltigen Investitionen dürfen ökologische oder soziale Ziele ebenfalls nicht erheblich beeinträchtigen.

###### Werden bei diesem Finanzprodukt die wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Ja
- NeinDie wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren werden mit Hilfe einer Vielzahl von Instrumenten berücksichtigt und in Anlageentscheidungen einbezogen. Hierzu zählen:
- Due Diligence – Analyse, ob die wichtigsten nachteiligen Auswirkungen (PAI) wesentlich und negativ sind.
- ESG-Rating – Fidelity bezieht sich auf ESG-Ratings, die wesentliche nachteilige Auswirkungen wie CO2-Emissionen, Mitarbeitersicherheit, Bestechung und Korruption sowie Wassermanagement berücksichtigen, und bei den von Staaten ausgegebenen Wertpapieren berücksichtigen die verwendeten Ratings wichtige nachteilige Auswirkungen (PAI) wie CO2-Emissionen, Sozialverstöße und die Meinungsfreiheit.
- Ausschlusskriterien – Bei Direktanlagen in Unternehmen als Emittenten wendet der Teilfonds die (unten definierten) Ausschlusskriterien an, um die wichtigsten nachteiligen Auswirkungen abzumildern. Dazu schließt er schädliche Sektoren aus und verbietet Investitionen in Emittenten, die gegen internationale Standards wie den UNGC verstoßen.
- Mitwirkung – Fidelity nutzt Mitwirkung als ein Instrument, um die wichtigsten nachteiligen Auswirkungen besser zu verstehen und sich unter bestimmten Umständen für die Abmilderung der wichtigsten nachteiligen Auswirkungen einzusetzen. Fidelity beteiligt sich an relevanten individuellen und kollaborativen Arten der Mitwirkung, die auf eine Reihe von wichtigen negativen Auswirkungen abzielen (z. B. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Abstimmungsverhalten – Die Abstimmungspolitik von Fidelity umfasst bei Unternehmen als Emittenten explizite Mindeststandards für die Geschlechtervielfalt im Aufsichtsrat und die Auseinandersetzung mit dem Klimawandel. Fidelity kann auch auf eine Weise abstimmen, dass die wichtigsten nachteiligen Auswirkungen abgemildert werden.
- Vierteljährliche Überprüfungen – Überwachung der wichtigsten nachteiligen Auswirkungen (PAI) durch den vierteljährlichen Überprüfungsprozess des Teilfonds.

Wenn es um die Frage geht, ob Investitionen eine wesentliche nachteilige Auswirkung haben, berücksichtigt Fidelity für jeden Nachhaltigkeitsfaktor spezifische Indikatoren. Diese Indikatoren hängen von der Datenverfügbarkeit ab und können sich mit zunehmender Datenqualität und
-verfügbarkeit weiterentwickeln.
Informationen über die wichtigsten nachteiligen Auswirkungen werden im Jahresbericht des Teilfonds zur Verfügung gestellt.
Die Anlagestrategie dient aIs Richtschnur für Investitionsentscheidun- gen, wobei bestimmte Kriterien wie beispielsweise Investitionsziele oder Risikotoleranz
berücksichtigt werden.
Mindestens 50% des Nettovermögens des Teilfonds werden in Wertpapiere investiert, die gute ESG-Eigenschaften aufweisen.
Ob ESG-Eigenschaften gut sind, wird anhand von ESG-Ratings externer Agenturen und von Fidelity ESG-Ratings ermittelt.
In Bezug auf seine Direktanlagen in Unternehmensemittenten berücksichtigt der Teilfonds:
a) eine unternehmensweite Ausschlussliste, die Streumunition und Antipersonenlandminen umfasst; und
- eine normenbasierte Filterung von Emittenten, die nach Ansicht des Investmentmanagers ihre Geschäfte nicht in Übereinstimmung mit internationalen Normen, darunter den im UNGC festgelegten, durchgeführt haben.

Die oben genannten Ausschluss- und Filterkriterien (die „Ausschlusskriterien“) werden möglicherweise von Zeit zu Zeit aktualisiert. Weitere Informationen erhalten Sie auf der Website Sustainable investing framework (fidelityinternational.com).
Es steht zudem im Ermessen des Investmentmanagers, von Zeit zu Zeit erweiterte, strengere Nachhaltigkeitsanforderungen und Ausschlusskriterien anzuwenden.
Worin bestehen die verbindlichen Elemente der Anlagestrategie, die für die Auswahl der Investitionen zur Erfüllung der beworbenen ökologischen oder sozialen Ziele verwendet werden?
Der Teilfonds investiert:
- mindestens 50% seines Vermögens in Emittenten mit guten ESG-Eigenschaften;
- mindestens 5% in nachhaltige Anlagen, von denen mindestens 0% ein Umweltziel verfolgen (das sich an der EU-Taxonomie orientiert), mindestens 1% ein Umweltziel (das sich nicht an der EU-Taxonomie orientiert) und mindestens 1% ein Sozialziel.

Darüber hinaus wird der Teilfonds systematisch die oben beschriebenen Ausschlusskriterien anwenden.
Um welchen Mindestsatz wird der Umfang der vor der Anwendung dieser Anlagestrategie in Betracht gezogenen Investitionen reduziert?
Diese Frage ist hier nicht relevant.
Die Verfahrensweisen einer guten
Unternehmensführung umfassen solide Managementstrukturen, die Beziehungen zu den Arbeitnehmern, die Vergütung von Mitarbeitern sowie die Einhaltung der Steuervorschriften.
Wie werden die Verfahrensweisen einer guten Unternehmensführung der Unternehmen, in die investiert wird, bewertet?
Die Governance-Praktiken der Emittenten werden anhand von Fundamentalresearch bewertet, darunter im Rahmen der von externen Agenturen oder Fidelity bereitgestellten ESG-Ratings.
Zu den wichtigsten der analysierten Fragen gehören die Erfolgsbilanz hinsichtlich: Kapitalallokation, finanzieller Transparenz, Transaktionen mit nahestehenden Unternehmen und Personen, Unabhängigkeit und Größe des Vorstands, Vergütung von Führungskräften, Wirtschaftsprüfung und interner Revision, Rechte der Minderheitsaktionäre und anderer Indikatoren. Für staatliche Emittenten werden Faktoren wie Korruption und Meinungsfreiheit einbezogen.
Die Vermögensallokation gibt den jeweiligen Anteil der Investitionen in bestimmte Vermögenswerte an.
Taxonomiekonforme Tätigkeiten, ausgedrückt durch den Anteil der:
- Umsatzerlöse, die den Anteil der Einnahmen aus umweltfreundlichenAktivitäten der Unternehmen, in die investiert wird, widerspiegeln
- Investitionsausgaben (CapEx), die die umweltfreundlichen Investitionen der Unternehmen, in die investiert wird, aufzeigen,z.B. für den Übergang zu einer grünen Wirtschaft- Betriebsausgaben (OpEx), die die umweltfreundlichenbetrieblichen Aktivitäten der Unternehmen, in die investiert wird, widerspiegeln(#1 Ausgerichtet an E/S-Eigenschaften) Der Teilfonds investiert:
- mindestens 50% seines	Vermögens	in	Wertpapieren	von	Emittenten	mit	guten ESG-Eigenschaften;
- mindestens 5% seines Vermögens in nachhaltigen (#1A nachhaltig), von denen mindestens 0% ein	ökologisches	Ziel	(das	mit	der	EU-Taxonomie	übereinstimmt), mindestens 1% ein ökologisches Ziel (das nicht mit der EU-Taxonomie übereinstimmt) und mindestens 1% ein Sozialziel haben. Die übrigen nachhaltigen Anlagen des Teilfonds können ein Umwelt- oder Sozialziel verfolgen.

Sonstige Umweltziele 1%
(#1B Sonstige E/S-Eigenschaften) Umfasst Wertpapiere von Emittenten mit guten ESG-Eigenschaften, die aber keine nachhaltigen Anlagen sind.
Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale
50%
#1A Nachhaltige Investitionen
5%
#1B Andere ökologische oder soziale Merkmale
Soziales 1%
#2 Andere Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst Investitionen des Finanzprodukts, die zur Erreichung der beworbenen ökologischen oder sozialen Merkmale getätigt wurden.
#2 Andere Investitionen umfasst die übrigen Investitionen des Finanzprodukts, die weder auf ökologische oder soziale Merkmale ausgerichtet sind noch als nachhaltige Investitionen eingestuft werden.
Die Kategorie #1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst folgende Unterkategorien:
Die Unterkategorie #1A Nachhaltige Investitionen umfasst nachhaltige Investitionen mit ökologischen oder sozialen Zielen.
Die Unterkategorie #1B Andere ökologische oder soziale Merkmale umfasst Investitionen, die auf ökologische oder soziale Merkmale ausgerichtet sind, aber nicht als nachhaltige Investitionen eingestuft werden.
Inwiefern werden durch den Einsatz von Derivaten die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht?
Wenn das einem Derivat zugrunde liegende Wertpapier im Einklang mit dem System für nachhaltiges Investieren von Fidelity gute ESG-Eigenschaften aufweist, darf das Derivat zur Feststellung des Teilfondsanteils berücksichtigt werden, der Umwelt- oder Sozialeigenschaften fördert.
In welchem Mindestmaß sind nachhaltige Investitionen mit einem Umweltziel mit der EU-Taxonomie konform?
Der Teilfonds investiert mindestens 0% in nachhaltige Anlagen mit einem Umweltziel, die mit der EU-Taxonomie konform sind.
Die Konformität der Anlagen des Teilfonds mit der EU-Taxonomie wird nicht durch Wirtschaftsprüfer oder mittels einer Überprüfung durch Dritte sichergestellt.
Die Ausrichtung der zugrunde liegenden Anlagen des Teilfonds an der EU-Taxonomie wird anhand des Umsatzes gemessen.
Investiert das Finanzprodukt in Aktivitäten im Zusammenhang mit fossilem Gas und/oder Kernenergie, die der EU-Taxonomie¹ entsprechen?
- JaNein
- In fossiles Gas	In KernenergieWie hoch ist der Mindestanteil der Investitionen in Übergangstätigkeiten und ermöglichende Tätigkeiten?

Der Teilfonds investiert mindestens 0% in Übergangstätigkeiten und ermöglichende Tätigkeiten.
Wie hoch ist der Mindestanteil nachhaltiger Investitionen mit einem Umweltziel, die nicht mit der EU-Taxonomie konform sind?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Umweltziel, das nicht mit der EU-Taxonomie konform ist.
Die Anlagen können zwar mit der EU-Taxonomie konform sein, aber der Investmentmanager ist derzeit nicht in der Lage, den genauen Anteil der Anlagen des Teilfonds anzugeben, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftstätigkeiten berücksichtigen. Die Position wird jedoch weiterhin überprüft, wenn die zugrunde liegenden Regeln festgelegt sind und im Laufe der Zeit mehr zuverlässige Daten zur Verfügung stehen.
¹ Tätigkeiten im Bereich fossiles Gas und/oder Kernenergie sind nur dann EU-taxonomiekonform, wenn sie zur Eindämmung des Klimawandels („Klimaschutz“) beitragen und kein Ziel der EU-Taxonomie erheblich beeinträchtigen – siehe Erläuterung am linken Rand. Die vollständigen Kriterien für EU-taxonomiekonforme Wirtschaftstätigkeiten im Bereich fossiles Gas und Kernenergie sind in der Delegierten Verordnung (EU) 2022/1214 der Kommission festgelegt.
Wie hoch ist der Mindestanteil der sozial nachhaltigen Investitionen?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Sozialziel.
Welche Investitionen fallen unter ,,#2 Andere Investitionen", welcher Anlagezweck wird mit ihnen verfolgt und gibt es einen ökologischen oder sozialen Mindestschutz?
Die verbleibenden Anlagen des Teilfonds erfolgen in Instrumenten, die zum Finanzziel des Teilfonds passen, und für Liquiditätszwecke in liquiden Mitteln und liquiden Mitteln gleichstehenden Mitteln sowie in Derivaten, die als Anlagen und für eine effiziente Portfolioverwaltung eingesetzt werden können.
Zur Gewährleistung eines Mindestmaßes an Umwelt- und Sozialabsicherungen wendet der Teilfonds die Ausschlusskriterien an.

###### Wurde ein Index als Referenzwert bestimmt, um festzustellen, ob dieses Finanzprodukt auf die beworbenen ökologischen und/oder sozialen Merkmale ausgerichtet ist?
Es wird kein bestimmter Index als Referenzbenchmark angegeben, um festzustellen, ob dieses Finanzprodukt zu den geförderten Umwelt- oder Sozialeigenschaften passt.
Bei den Referenzwerten handelt es sich um Indizes, mit denen gemessen wird, ob das Finanzprodukt die beworbenen ökologischen oder sozialen Merkmale erreicht.
Inwiefern ist der Referenzwert kontinuierlich auf die mit dem Finanzprodukt beworbenen ökologischen und sozialen Merkmale ausgerichtet?
Diese Frage ist hier nicht relevant.
Wie wird die kontinuierliche Ausrichtung der Anlagestrategie auf die Indexmethode sichergestellt?
Diese Frage ist hier nicht relevant.
Wie unterscheidet sich der bestimmte Index von einem relevanten breiten Marktindex?
Diese Frage ist hier nicht relevant.
Wo kann die Methode zur Berechnung des bestimmten Indexes eingesehen werden?
Diese Frage ist hier nicht relevant.

###### 	Wo kann ich im Internet weitere produktspezifische Informationen finden?
Weitere produktspezifische Informationen finden Sie auf der Website: https:/www.fidelity.lu/funds/factsheet/LU0766124712/tab-disclosure#SFDR-disclosure. 
Weitere Informationen zu den hier dargelegten Methoden finden Sie auf der Website: System fürnachhaltiges Investieren (fidelityinternational.com).
Vorvertragliche Informationen zu den in Artikel 8 Absätze 1, 2 und 2a der Verordnung (EU) 2019/2088 und Artikel 6 Absatz 1 der Verordnung (EU) 2020/852 genannten Finanzprodukten
Name des Produkts:	Unternehmenskennung (LEI- Code):
Fidelity Funds - Sustainable Climate Bond Fund	549300L1AKMJ4PE06T04

###### Ökologische und/oder soziale Merkmale
| Werden mit diesem Finanzprodukt nachhaltige Investitionen angestrebt? |
| --- |
|  | - Ja
 |  | Nein |
| - Es wird damit ein MindestanteiI an nachhaltigen Investitionen mit einem Umweltziel getätigt:%
	- in Wirtschaftstätigkeiten, die nach derEU-Taxonomie als ökologisch nachhaltig einzustufen sind

- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie nicht als ökologisch nachhaltig einzustufen sind
- Es wird damit ein Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel getätigt:%
 | Es werden damit ökologische/soziale Merkmale beworben und obwohl keine nachhaltigen Investitionen angestrebt werden, enthält es einen Mindestanteil von 20% an nachhaltigen Investitionen. mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie als ökologisch nachhaltig einzustufen sind mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie nicht als ökologisch nachhaltig einzustufen sind mit einem sozialen Ziel - Es	werden		damit	ökologische/soziale Merkmale	beworben,		aber	keinenachhaltigen Investitionen getätigt.
 |

Welche ökologischen und/ oder sozialen Merkmale werden mit diesem Finanzprodukt beworben?
Mit Nachhaltigkeitsin- dikatoren wird gemessen, inwieweit die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht werden.
Der Teilfonds fördert Umwelt- und Sozialeigenschaften, indem er in Wertpapiere von Emittenten mit guten ESG-Eigenschaften investiert. Gute ESG-Eigenschaften werden anhand von ESG-Ratings ermittelt.
Der Teilfonds verfolgt eine nachhaltige thematische Strategie und konzentriert sich auf die Steuerung von klimabezogenen Risiken. Die Strategie zielt darauf ab, Emittenten mit den niedrigsten Kohlenstoffprofilen innerhalb ihrer Sektoren zu bevorzugen, die auf einem sich hinsichtlich der Kohlenstoffbilanz verbessernden Weg sind, und in sorgfältig ausgewählte Emittenten von grünen Anleihen zu investieren. Die Strategie zielt darauf ab, dem Klimawandel dadurch proaktiv zu begegnen, dass sie laufend Engagements bei globalen Emittenten von Unternehmensanleihen unterhält.
Der Teilfonds ist in gewissem Maße bestrebt, nachhaltige Anlagen zu tätigen.
Es wird keine Referenzbenchmark festgelegt, um die geförderten Umwelt- und Sozialeigenschaften zu erreichen.
einzelnen ökologischen oder sozialen Merkmale, die durch dieses Finanzprodukt beworben werden, herangezogen?
Der Teilfonds verwendet die folgenden Nachhaltigkeitsindikatoren, um das Erreichen der von ihm geförderten Umwelt- oder Sozialeigenschaften zu messen:
- der Prozentsatz des Teilfonds, der in Wertpapiere von Emittenten mit guten ESG-Eigenschaften im Einklang mit dem System für nachhaltiges Investieren von Fidelity investiert ist;
- der Prozentsatz des Teilfonds, der in Wertpapiere von Emittenten investiert ist, auf die Ausschlusskriterien (wie unten definiert) zutreffen;
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen investiert ist; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel bei Wirtschaftsaktivitäten investiert ist, die gemäß der EU-Taxonomie als ökologisch nachhaltig gelten;
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel bei Wirtschaftsaktivitäten investiert ist, die gemäß der EU-Taxonomie nicht als ökologisch nachhaltig gelten; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel investiert ist.

Welches sind die Ziele der nachhaltigen Investitionen, die mit dem
Finanzprodukt teilweise getätigt werden sollen, und wie trägt die nachhaltige Investition zu diesen Zielen bei?
Der Teilfonds ermittelt wie folgt, ob eine Anlage nachhaltig ist:
- Emittenten, die wirtschaftliche Tätigkeiten ausüben, die zu einem oder mehreren der in der EU-Taxonomie festgelegten Umweltziele beitragen und gemäß der EU-Taxonomie als ökologisch nachhaltig gelten; oder
- Emittenten, bei denen der Großteil ihrer Geschäftstätigkeit (mehr als 50% des Umsatzes) zu Umwelt- oder Sozialzielen beiträgt, die mit einem oder mehreren der Ziele der Vereinten Nationen für nachhaltige Entwicklung („SDG“) in Einklang stehen; oder
- Emittenten, die ein Dekarbonisierungsziel festgelegt haben, das mit einem Temperaturanstiegsszenario mit 1,5 Grad oder weniger vereinbar ist (überprüft durch die Science Based Target Initiative oder ein Fidelity Proprietary Climate Rating), das als Beitrag zu Umweltzielen angesehen wird;sofern sie keinen wesentlichen Schaden anrichten, Mindestabsicherungen bieten und gute Governance-Kriterien aufweisen.

teilweise getätigt werden sollen, keinem der ökologischen oder sozialen nachhaltigen Anlageziele erheblich schaden?
Nachhaltige Anlagen werden auf ihre Beteiligung an Aktivitäten überprüft, die erheblichen Schaden und Kontroversen verursachen, und durch eine Kontrolle bewertet, ob der Emittent Mindestabsicherungen und -standards hinsichtlich der wichtigsten nachteiligen Auswirkungen (PAI) sowie eine Leistung bei den PAI-Kennzahlen umsetzt bzw. erfüllt. Dazu gehören:
- Normenbasierte Filterkriterien – das Filtern von Wertpapieren, die gemäß den bestehenden (unten beschriebenen) normenbasierten Ausschlusskriterien von Fidelity ermittelt wurden, anhand von:
- aktivitätsbasierten Filterkriterien – das Filtern von Emittenten auf der Grundlage ihrer Beteiligung an Aktivitäten mit erheblichen negativen Auswirkungen auf die Gesellschaft oder die Umwelt, darunter Körperschaften, bei denen aufgrund der Ausschlusskriterien für Kontroversen eine „sehr gravierende“ Kontroverse vorliegt, die im Bereich
- Umwelt,
- Menschenrechte und Gemeinschaften,
- Arbeitnehmerrechte und Lieferkette,
- Kunden,
- Governance angesiedelt ist; und
	- anhand von PAI-Indikatoren – Quantitative Daten (sofern verfügbar) zu PAI-Indikatoren werden verwendet, um zu bewerten, ob ein Emittent an Aktivitäten beteiligt ist, die einem Umwelt- oder Sozialziel erheblichen Schaden zufügen.


Bei den wichtigsten nachteiligen Auswirkungen handelt es sich um die bedeutendsten nachteiligen Auswirkungen von Investitionsentscheidun- gen auf NachhaItigkeitsfaktoren in den Bereichen Umwelt, Soziales und Beschäftigung, Achtung der Menschenrechte und Bekämpfung von Korruption und Bestechung.
Wie wurden die Indikatoren für nachteilige Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Für nachhaltige Anlagen, wie oben beschrieben, hat Fidelity eine quantitative Scorecard entwickelt, anhand derer Unternehmen mit einer problematischen Leistung bei PAI-Indikatoren ermittelt werden.
Unternehmen mit einer niedrigen Punktzahl kommen nur dann für „nachhaltige Anlagen“ infrage, wenn die Fundamentalresearch von Fidelity feststellt, dass der Emittent nicht gegen die Anforderungen verstößt, „keinen wesentlichen Schaden anrichtet“ oder sich auf einem Weg befindet, um die nachteiligen Auswirkungen durch effektives Management oder einen Übergang abzumildern.
Wie stehen die nachhaltigen Investitionen mit den OECD-Leitsätzen für multinationale Unternehmen und den Leitprinzipien der Vereinten Nationen für Wirtschaft und
Menschenrechte in Einklang? Nähere Angaben:
Es werden normenbasierte Filterkriterien angewendet: Emittenten, bei denen festgestellt wurde, dass sie sich nicht in einer Weise verhalten, die ihrer grundlegenden Verantwortung in den Bereichen Menschenrechte, Arbeit, Umwelt und Korruptionsbekämpfung im Einklang mit internationalen Normen gerecht wird, darunter denjenigen, die in den OECD-Leitsätzen für multinationale Unternehmen, den Leitprinzipien der Vereinten Nationen für Wirtschaft und Menschenrechte, dem UN Global Compact (UNGC) und den IAO-Standards der Internationalen Arbeitsorganisation (ILO) festgelegt sind, kommen für nachhaltige Investitionen nicht infrage.
In der EU-Taxonomie ist der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" festgelegt, nach dem taxonomiekonforme Investitionen die Ziele der EU-Taxonomie nicht erheblich beeinträchtigen dürfen, und es sind spezifische EU-Kriterien beigefügt. Der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" findet nur bei denjenigen dem Finanzprodukt zugrunde liegenden Investitionen Anwendung, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten berücksichtigen. Die dem verbleibenden Teil dieses  Finanzprodukts zugrunde  liegenden Investitionen berücksichtigen nicht die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten. Alle anderen nachhaltigen Investitionen dürfen ökologische oder soziale Ziele ebenfalls nicht erheblich beeinträchtigen.

###### Werden bei diesem Finanzprodukt die wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Ja
- NeinDie wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren werden mit Hilfe einer Vielzahl von Instrumenten berücksichtigt und in Anlageentscheidungen einbezogen. Hierzu zählen:
- Due Diligence – Analyse, ob die wichtigsten nachteiligen Auswirkungen (PAI) wesentlich und negativ sind.
- ESG-Rating – Fidelity bezieht sich auf ESG-Ratings, die wesentliche nachteilige Auswirkungen wie CO2-Emissionen, Mitarbeitersicherheit, Bestechung und Korruption sowie Wassermanagement berücksichtigen, und bei den von Staaten ausgegebenen Wertpapieren berücksichtigen die verwendeten Ratings wichtige nachteilige Auswirkungen (PAI) wie CO2-Emissionen, Sozialverstöße und die Meinungsfreiheit.
- Ausschlusskriterien – Bei Direktanlagen in Unternehmen als Emittenten wendet der Teilfonds die (unten definierten) Ausschlusskriterien an, um die wichtigsten nachteiligen Auswirkungen abzumildern. Dazu schließt er schädliche Sektoren aus und verbietet Investitionen in Emittenten, die gegen internationale Standards wie den UNGC verstoßen.
- Mitwirkung – Fidelity nutzt Mitwirkung als ein Instrument, um die wichtigsten nachteiligen Auswirkungen besser zu verstehen und sich unter bestimmten Umständen für die Abmilderung der wichtigsten nachteiligen Auswirkungen einzusetzen. Fidelity beteiligt sich an relevanten individuellen und kollaborativen Engagements, die auf eine Reihe von wichtigen negativen Auswirkungen abzielen (z. B. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Abstimmungsverhalten	 –	Die	Abstimmungsrichtlinie		von	Fidelity	legt	explizite Mindeststandards	für	die	Geschlechtervielfalt	in	den	Leitungsorganen		und		für	die Berücksichtigung des Klimawandels durch die Unternehmensemittenten fest. Fidelity kann auch auf eine Weise abstimmen, dass die wichtigsten nachteiligen Auswirkungen abgemildert werden.
- Vierteljährliche Überprüfungen – Überwachung der wichtigsten nachteiligen Auswirkungen (PAI) durch den vierteljährlichen Überprüfungsprozess des Teilfonds.

Wenn es um die Frage geht, ob Investitionen eine wesentliche nachteilige Auswirkung haben, berücksichtigt Fidelity für jeden Nachhaltigkeitsfaktor spezifische Indikatoren. Diese Indikatoren hängen von der Datenverfügbarkeit ab und können sich mit zunehmender Datenqualität und
-verfügbarkeit weiterentwickeln.
Informationen über die wichtigsten nachteiligen Auswirkungen werden im Jahresbericht des Teilfonds zur Verfügung gestellt.

###### Welche Anlagestrategie wird mit diesem Finanzprodukt verfolgt?
Die Anlagestrategie dient aIs Richtschnur für Investitionsentscheidun- gen, wobei bestimmte Kriterien wie beispielsweise Investitionsziele oder Risikotoleranz
berücksichtigt werden.
Der Teilfonds verfolgt eine vorrangig „thematische“ Anlagestrategie, um seine Anlageziele zu erreichen. Hierzu gehören auch Investitionen in Wirtschaftsthemen, die voraussichtlich zu einer nachhaltigen Wirtschaft beitragen werden. Neben der Themenauswahl wird Fundamentalresearch für einzelne Wertpapiere durchgeführt. Im Rahmen des Researchprozesses werden die Umwelt- und Sozial-Governance berücksichtigt. Die als relevant erachteten Faktoren unterscheiden sich je nach Unternehmen und Branche und fließen in die Anlageentscheidungen ein.
Die Strategie zielt darauf ab, Emittenten mit den niedrigsten Kohlenstoffprofilen innerhalb ihrer Sektoren zu bevorzugen, die auf einem sich hinsichtlich der Kohlenstoffbilanz verbessernden Weg sind, und in sorgfältig ausgewählte Emittenten von grünen Anleihen zu investieren. Die Strategie des Teilfonds zielt darauf ab, dem Klimawandel dadurch proaktiv zu begegnen, dass sie laufend Engagements bei globalen Emittenten von Unternehmensanleihen unterhält.
Der Teilfonds gehört zur Familie der Fidelity Nachhaltigkeitsfonds, bei der mindestens 70% des Nettovermögens des Teilfonds in Wertpapiere investiert werden, die gute ESG-Eigenschaften aufweisen.
Ob ESG-Eigenschaften gut sind, wird anhand von ESG-Ratings externer Agenturen und von Fidelity ESG-Ratings ermittelt.
Emittenten, bei denen die Beurteilung ergibt, dass sie für die Zwecke des Primärziels (mindestens 70% des Vermögens) keine guten ESG-Eigenschaften aufweisen, können im Umfang von bis zu 30% der Vermögenswerte aufgenommen werden, sofern sie nachweisen können, dass sie sich in Bezug auf ihre ESG-Eigenschaften auf dem Weg der Besserung befinden.
Mindestens 90% des Nettovermögens des Teilfonds werden dahingehend untersucht, ob sie gute ESG-Eigenschaften aufweisen.
Das durchschnittliche ESG-Rating des Teilfonds wird das durchschnittliche ESG-Rating des Anlageuniversums, (für die Zwecke dieser Berechnung) repräsentiert durch den Bloomberg Global  Aggregate  Corporate  Index  (der  „Index“),  nach  Ausschluss  von  20%  der Index-Vermögenswerte mit den niedrigsten ESG-Ratings übersteigen.
Der Teilfonds strebt einen im Vergleich zum Index kleineren CO2-Fußabdruck an. In Bezug auf seine Direktanlagen berücksichtigt der Teilfonds:
- eine unternehmensweite Ausschlussliste, die Streumunition und Antipersonenminen umfasst,und
- eine prinzipienbasierte Ausschlussrichtlinie, die Folgendes beinhaltet:
	- eine normenbasierte Überprüfung von Emittenten, die nach Auffassung des Anlageverwalters ihre Geschäfte nicht in Übereinstimmung mit internationalen Normen, darunter dem im UNGC festgelegten, geführt haben; und
	- ein Filterkriterium, durch das bestimmte Sektoren, Emittenten oder Praktiken auf der Grundlage konkreter ESG-Kriterien ausgeschlossen werden können, wobei für diese Kriterien möglicherweise auch Erlösschwellen angewendet werden.


Die oben genannten Ausschluss- und Filterkriterien (die „Ausschlusskriterien“) werden möglicherweise von Zeit zu Zeit aktualisiert. Weitere Informationen erhalten Sie auf der Website Sustainable investing framework (fidelityinternational.com).
Es steht zudem im Ermessen des Investmentmanagers, von Zeit zu Zeit erweiterte, strengere Nachhaltigkeitsanforderungen und Ausschlusskriterien anzuwenden.
Worin bestehen die verbindlichen Elemente der Anlagestrategie, die für die Auswahl der Investitionen zur Erfüllung der beworbenen ökologischen oder sozialen Ziele verwendet werden?
Der Teilfonds investiert:
- mindestens 70% seines  Vermögens  in  Wertpapiere von  Emittenten  mit  guten ESG-Eigenschaften,
- mindestens 20% in nachhaltige Anlagen, von denen 1% ein Umweltziel aufweisen, das sich an der EU-Taxonomie orientiert, mindestens 10% ein Umweltziel, das sich nicht an der EU-Taxonomie orientiert, und mindestens 5% ein Sozialziel verfolgen.

Der Teilfonds bewertet die ESG-Eigenschaften von mindestens 90% seines Vermögens. Das durchschnittliche ESG-Rating des Teilfonds wird das durchschnittliche ESG-Rating des Anlageuniversums, repräsentiert durch den Index (wie oben definiert), nach Ausschluss von 20% der Index-Vermögenswerte mit den niedrigsten ESG-Ratings übersteigen.
Darüber hinaus wird der Teilfonds auf alle direkten Anlagen systematisch die oben beschriebenen Ausschlusskriterien anwenden.
Um welchen Mindestsatz wird der Umfang der vor der Anwendung dieser Anlagestrategie in Betracht gezogenen Investitionen reduziert?
Diese Frage ist hier nicht relevant.
Die Verfahrensweisen einer guten
Unternehmensführung umfassen solide Managementstrukturen, die Beziehungen zu den Arbeitnehmern, die Vergütung von Mitarbeitern sowie die Einhaltung der Steuervorschriften.
Wie werden die Verfahrensweisen einer guten Unternehmensführung der Unternehmen, in die investiert wird, bewertet?
Die Governance-Praktiken der Emittenten werden anhand von Fundamentalresearch bewertet, die Fidelity ESG-Ratings sowie Daten zu Kontroversen und Verstößen gegen den UN Global Compact berücksichtigt.
Zu den wichtigsten Punkten, die analysiert werden, gehören unter anderem die Erfolgsbilanz der Kapitalallokation, die finanzielle Transparenz, Transaktionen mit nahestehenden Parteien, die Unabhängigkeit und Größe des Vorstands, die Vergütung der Führungskräfte, die Abschlussprüfer und die interne Aufsicht sowie die Rechte der Minderheitsanteilinhaber. Für staatliche Emittenten werden Faktoren wie Korruption und Meinungsfreiheit einbezogen.

###### Welche Vermögensallokation ist für dieses Finanzprodukt geplant?
Die Vermögensallokation gibt den jeweiligen Anteil der Investitionen in bestimmte Vermögenswerte an.
Taxonomiekonforme Tätigkeiten, ausgedrückt durch den Anteil der:
- Umsatzerlöse, die den Anteil der Einnahmen aus umweltfreundlichenAktivitäten der Unternehmen, in die investiert wird, widerspiegeln
- Investitionsausgaben (CapEx), die die umweltfreundlichen Investitionen der Unternehmen, in die investiert wird, aufzeigen,z.B. für den Übergang zu einer grünen Wirtschaft- Betriebsausgaben (OpEx), die die umweltfreundlichenbetrieblichen Aktivitäten der Unternehmen, in die investiert wird, widerspiegeln(#1 Ausgerichtet an E/S-Eigenschaften) Der Teilfonds investiert:
- mindestens 70% seines	Vermögens	in	Wertpapiere	von	Emittenten	mit	guten ESG-Eigenschaften,
- mindestens 20% seines Vermögens in nachhaltige (#1A nachhaltig) Anlagen, von denen mindestens 1% ein Umweltziel verfolgen (das an der EU-Taxonomie ausgerichtet ist), mindestens 10% ein Umweltziel haben (das nicht an der EU-Taxonomie ausgerichtet ist) und mindestens 5% ein Sozialziel haben. Die übrigen nachhaltigen Anlagen des Teilfonds können ein Umwelt- oder Sozialziel verfolgen.

(#1B Sonstige E/S-Eigenschaften) Umfasst Wertpapiere von Emittenten mit guten ESG-Eigenschaften, die aber keine nachhaltigen Anlagen sind.
Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale
70%
#2 Andere Investitionen
#1A Nachhaltige Investitionen 20%
#1B Andere ökologische oder soziale Merkmale
Taxonomiekonform 1%
Sonstige Umweltziele 10%
Soziales 5%
#1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst Investitionen des Finanzprodukts, die zur Erreichung der beworbenen ökologischen oder sozialen Merkmale getätigt wurden.
#2 Andere Investitionen umfasst die übrigen Investitionen des Finanzprodukts, die weder auf ökologische oder soziale Merkmale ausgerichtet sind noch als nachhaltige Investitionen eingestuft werden.
Die Kategorie #1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst folgende Unterkategorien:
Die Unterkategorie #1A Nachhaltige Investitionen umfasst nachhaltige Investitionen mit ökologischen oder sozialen Zielen.
Die Unterkategorie #1B Andere ökologische oder soziale Merkmale umfasst Investitionen, die auf ökologische oder soziale Merkmale ausgerichtet sind, aber nicht als nachhaltige Investitionen eingestuft werden.
Inwiefern werden durch den Einsatz von Derivaten die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht?
Wenn das einem Derivat zugrunde liegende Wertpapier im Einklang mit dem System für nachhaltiges Investieren von Fidelity gute ESG-Eigenschaften aufweist, darf das Derivat zur Feststellung des Teilfondsanteils berücksichtigt werden, der Umwelt- oder Sozialeigenschaften fördert.
In welchem Mindestmaß sind nachhaltige Investitionen mit einem Umweltziel mit der EU-Taxonomie konform?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Umweltziel, die mit der EU-Taxonomie konform sind.
Die Konformität der Anlagen des Teilfonds mit der EU-Taxonomie wird nicht durch Wirtschaftsprüfer oder mittels einer Überprüfung durch Dritte sichergestellt.
Die Ausrichtung der zugrunde liegenden Anlagen des Teilfonds an der EU-Taxonomie wird anhand des Umsatzes gemessen.
Investiert das Finanzprodukt in Aktivitäten im Zusammenhang mit fossilem Gas und/oder Kernenergie, die der EU-Taxonomie¹ entsprechen?
- JaNein
- In fossiles Gas	In KernenergieWie hoch ist der Mindestanteil der Investitionen in Übergangstätigkeiten und ermöglichende Tätigkeiten?

Der Teilfonds investiert mindestens 0% in Übergangstätigkeiten und ermöglichende Tätigkeiten.
Wie hoch ist der Mindestanteil nachhaltiger Investitionen mit einem Umweltziel, die nicht mit der EU-Taxonomie konform sind?
Der Teilfonds investiert mindestens 10% in nachhaltige Anlagen mit einem Umweltziel, das nicht mit der EU-Taxonomie konform ist.
Die Anlagen können zwar mit der EU-Taxonomie konform sein, aber der Investmentmanager ist derzeit nicht in der Lage, den genauen Anteil der Anlagen des Teilfonds anzugeben, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftstätigkeiten berücksichtigen. Die Position wird jedoch weiterhin überprüft, wenn die zugrunde liegenden Regeln festgelegt sind und im Laufe der Zeit mehr zuverlässige Daten zur Verfügung stehen.
¹ Tätigkeiten im Bereich fossiles Gas und/oder Kernenergie sind nur dann EU-taxonomiekonform, wenn sie zur Eindämmung des Klimawandels („Klimaschutz“) beitragen und kein Ziel der EU-Taxonomie erheblich beeinträchtigen – siehe Erläuterung am linken Rand. Die vollständigen Kriterien für EU-taxonomiekonforme Wirtschaftstätigkeiten im Bereich fossiles Gas und Kernenergie sind in der Delegierten Verordnung (EU) 2022/1214 der Kommission festgelegt.
Wie hoch ist der Mindestanteil der sozial nachhaltigen Investitionen?
Der Teilfonds investiert mindestens 5% in nachhaltige Anlagen mit einem Sozialziel.
Welche Investitionen fallen unter ,,#2 Andere Investitionen", welcher Anlagezweck wird mit ihnen verfolgt und gibt es einen ökologischen oder sozialen Mindestschutz?
Die verbleibenden Anlagen des Teilfonds können in Wertpapieren von Emittenten erfolgen, die nachweisen können, dass sie sich in Bezug auf ihre ESG-Eigenschaften auf einem Kurs der Verbesserung befinden, und für Liquiditätszwecke in liquiden Mitteln und liquiden Mitteln gleichstehenden Mitteln sowie in Derivaten, die als Anlagen und für ein effizientes Portfoliomanagement eingesetzt werden können.
Zur Gewährleistung eines Mindestmaßes an Umwelt- und Sozialabsicherungen wendet der Teilfonds die Ausschlusskriterien an.

###### Wurde ein Index als Referenzwert bestimmt, um festzustellen, ob dieses Finanzprodukt auf die beworbenen ökologischen und/oder sozialen Merkmale ausgerichtet ist?
Es wird kein bestimmter Index als Referenzbenchmark angegeben, um festzustellen, ob dieses Finanzprodukt zu den geförderten Umwelt- oder Sozialeigenschaften passt.
Bei den Referenzwerten handelt es sich um Indizes, mit denen gemessen wird, ob das Finanzprodukt die beworbenen ökologischen oder sozialen Merkmale erreicht.
Inwiefern ist der Referenzwert kontinuierlich auf die mit dem Finanzprodukt beworbenen ökologischen und sozialen Merkmale ausgerichtet?
Diese Frage ist hier nicht relevant.
Wie wird die kontinuierliche Ausrichtung der Anlagestrategie auf die Indexmethode sichergestellt?
Diese Frage ist hier nicht relevant.
Wie unterscheidet sich der bestimmte Index von einem relevanten breiten Marktindex?
Diese Frage ist hier nicht relevant.
Wo kann die Methode zur Berechnung des bestimmten Indexes eingesehen werden?
Diese Frage ist hier nicht relevant.

###### 	Wo kann ich im Internet weitere produktspezifische Informationen finden?
Weitere produktspezifische Informationen finden Sie auf der Website: https:/www.fidelity.lu/funds/factsheet/LU2111945882/tab-disclosure#SFDR-disclosure. 
Weitere Informationen zu den hier dargelegten Methoden finden Sie auf der Website: System fürnachhaltiges Investieren (fidelityinternational.com).
Vorvertragliche Informationen zu den in Artikel 8 Absätze 1, 2 und 2a der Verordnung (EU) 2019/2088 und Artikel 6 Absatz 1 der Verordnung (EU) 2020/852 genannten Finanzprodukten
Name des Produkts:	Unternehmenskennung (LEI- Code):
Fidelity Funds - Sustainable Strategic Bond Fund	RL7DB442ZD11XPI58I79

###### Ökologische und/oder soziale Merkmale
| Werden mit diesem Finanzprodukt nachhaltige Investitionen angestrebt? |
| --- |
|  | - Ja
 |  | Nein |
| - Es wird damit ein MindestanteiI an nachhaltigen Investitionen mit einem Umweltziel getätigt:%
	- in Wirtschaftstätigkeiten, die nach derEU-Taxonomie als ökologisch nachhaltig einzustufen sind

- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie nicht als ökologisch nachhaltig einzustufen sind
- Es wird damit ein Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel getätigt:%
 | Es werden damit ökologische/soziale Merkmale beworben und obwohl keine nachhaltigen Investitionen angestrebt werden, enthält es einen Mindestanteil von 5% an nachhaltigen Investitionen. - mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie als ökologisch nachhaltig einzustufen sindmit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie nicht als ökologisch nachhaltig einzustufen sindmit einem sozialen Ziel
- Es	werden		damit	ökologische/soziale Merkmale	beworben,		aber	keinenachhaltigen Investitionen getätigt.
 |

Welche ökologischen und/ oder sozialen Merkmale werden mit diesem Finanzprodukt beworben?
Mit Nachhaltigkeitsin- dikatoren wird gemessen, inwieweit die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht werden.
Der Teilfonds fördert Umwelt- und Sozialeigenschaften, indem er in Wertpapiere von Emittenten mit guten ESG-Eigenschaften investiert. Gute ESG-Eigenschaften werden anhand von ESG-Ratings ermittelt. ESG-Ratings berücksichtigen Umwelteigenschaften wie CO2-Intensität, CO2-Emissionen, Energieeffizienz, Wasser- und Abfallmanagement und Biodiversität sowie Sozialeigenschaften wie Produktsicherheit, Lieferkette, Gesundheit und Sicherheit sowie Menschenrechte.
Der Teilfonds ist in gewissem Maße bestrebt, nachhaltige Anlagen zu tätigen.
Es wird keine Referenzbenchmark festgelegt, um die geförderten Umwelt- und Sozialeigenschaften zu erreichen.
einzelnen ökologischen oder sozialen Merkmale, die durch dieses Finanzprodukt beworben werden, herangezogen?
Der Teilfonds verwendet die folgenden Nachhaltigkeitsindikatoren, um die Ausprägung der von ihm geförderten Umwelt- oder Sozialeigenschaften zu messen:
- der  Prozentsatz des Teilfonds, der in Wertpapieren von Emittenten mit guten ESG-Eigenschaften im Einklang mit dem System für nachhaltiges Investieren von Fidelity investiert ist;
- in Bezug auf seine Direktanlagen der Prozentsatz des Teilfonds, der in Wertpapiere von Emittenten investiert ist, auf die Ausschlusskriterien (wie unten definiert) zutreffen;
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen investiert ist; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel bei Wirtschaftsaktivitäten investiert ist, die gemäß der EU-Taxonomie nicht als ökologisch nachhaltig gelten; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel investiert ist.

Welches sind die Ziele der nachhaltigen Investitionen, die mit dem
Finanzprodukt teilweise getätigt werden sollen, und wie trägt die nachhaltige Investition zu diesen Zielen bei?
Für den Teilfonds gilt eine Anlage in folgende Emittenten als nachhaltig:
- Emittenten, die wirtschaftliche Tätigkeiten ausüben, die zu einem oder mehreren der in der EU-Taxonomie festgelegten Umweltziele beitragen und gemäß der EU-Taxonomie als ökologisch nachhaltig gelten; oder
- Emittenten, bei denen der Großteil ihrer Geschäftstätigkeit (mehr als 50% des Umsatzes) zu Umwelt- oder Sozialzielen beiträgt, die mit einem oder mehreren der Ziele der Vereinten Nationen für nachhaltige Entwicklung („SDG“) in Einklang stehen; oder
- Emittenten, die ein Dekarbonisierungsziel festgelegt haben, das mit einem Temperaturanstiegsszenario mit 1,5 Grad oder weniger vereinbar ist (überprüft durch die Science Based Target Initiative oder ein Fidelity Proprietary Climate Rating), das als Beitrag zu Umweltzielen angesehen wird;sofern sie keinen wesentlichen Schaden anrichten, Mindestabsicherungen bieten und gute Governance-Kriterien aufweisen.

teilweise getätigt werden sollen, keinem der ökologischen oder sozialen nachhaltigen Anlageziele erheblich schaden?
Nachhaltige Anlagen werden auf ihre Beteiligung an Aktivitäten überprüft, die erheblichen Schaden und Kontroversen verursachen, und durch eine Kontrolle bewertet, ob der Emittent Mindestabsicherungen und -standards hinsichtlich der wichtigsten nachteiligen Auswirkungen (PAI) sowie für die Leistung bei den PAI-Kennzahlen umsetzt bzw. erfüllt. Dazu gehören:
- Normenbasierte Filterkriterien – das Filtern von Wertpapieren, die gemäß den bestehenden (unten beschriebenen) normenbasierten Filterkriterien von Fidelity ermittelt wurden, anhand von:
- aktivitätsbasierten Filterkriterien – das Filtern von Emittenten auf der Grundlage ihrer Beteiligung an Aktivitäten mit erheblichen negativen Auswirkungen auf die Gesellschaft oder die Umwelt, darunter Emittenten, bei denen aufgrund der Filterkriterien für Kontroversen eine„sehr gravierende“ Kontroverse vorliegt, die im Bereich
- Umwelt,
- Menschenrechte und Gemeinschaften,
- Arbeitnehmerrechte und Lieferkette,
- Kunden,
- Governance angesiedelt ist; und anhand von
	- PAI-Indikatoren. Quantitative Daten (sofern verfügbar) zu PAI-Indikatoren werden verwendet, um zu bewerten, ob ein Emittent an Aktivitäten beteiligt ist, die einem Umwelt- oder Sozialziel erheblichen Schaden zufügen.


Bei den wichtigsten nachteiligen Auswirkungen handelt es sich um die bedeutendsten nachteiligen Auswirkungen von Investitionsentscheidun- gen auf NachhaItigkeitsfaktoren in den Bereichen Umwelt, Soziales und Beschäftigung, Achtung der Menschenrechte und Bekämpfung von Korruption und Bestechung.
Wie wurden die Indikatoren für nachteilige Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Für nachhaltige Anlagen, wie oben beschrieben, führt Fidelity eine quantitative Bewertung durch, um Emittenten mit einer problematischen Leistung bei PAI-Indikatoren zu ermitteln. Emittenten mit einer niedrigen Punktzahl kommen nur dann für „nachhaltige Anlagen“ infrage, wenn die Fundamentalresearch von Fidelity feststellt, dass der Emittent nicht gegen die Anforderungen verstößt, „keinen wesentlichen Schaden anrichtet“ oder sich auf einem Weg befindet, um die nachteiligen Auswirkungen durch effektives Management oder einen Übergang abzumildern.
Wie stehen die nachhaltigen Investitionen mit den OECD-Leitsätzen für multinationale Unternehmen und den Leitprinzipien der Vereinten Nationen für Wirtschaft und
Menschenrechte in Einklang? Nähere Angaben:
Es werden normenbasierte Filterkriterien angewendet: Emittenten, bei denen festgestellt wurde, dass sie sich nicht in einer Weise verhalten, die ihrer grundlegenden Verantwortung in den Bereichen Menschenrechte, Arbeit, Umwelt und Korruptionsbekämpfung im Einklang mit internationalen Normen gerecht wird, darunter denjenigen, die in den OECD-Leitsätzen für multinationale Unternehmen, den Leitprinzipien der Vereinten Nationen für Wirtschaft und Menschenrechte, dem UN Global Compact (UNGC) und den IAO-Standards der Internationalen Arbeitsorganisation (ILO) festgelegt sind, kommen für nachhaltige Investitionen nicht infrage.
In der EU-Taxonomie ist der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" festgelegt, nach dem taxonomiekonforme Investitionen die Ziele der EU-Taxonomie nicht erheblich beeinträchtigen dürfen, und es sind spezifische EU-Kriterien beigefügt. Der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" findet nur bei denjenigen dem Finanzprodukt zugrunde liegenden Investitionen Anwendung, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten berücksichtigen. Die dem verbleibenden Teil dieses  Finanzprodukts zugrunde  liegenden Investitionen berücksichtigen nicht die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten. Alle anderen nachhaltigen Investitionen dürfen ökologische oder soziale Ziele ebenfalls nicht erheblich beeinträchtigen.

###### Werden bei diesem Finanzprodukt die wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Ja
- NeinDie wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren werden mit Hilfe einer Vielzahl von Instrumenten berücksichtigt und in Anlageentscheidungen einbezogen. Hierzu zählen:
- Due Diligence – Analyse, ob die wichtigsten nachteiligen Auswirkungen (PAI) wesentlich und negativ sind.
- ESG-Rating – Fidelity bezieht sich auf ESG-Ratings, die wesentliche nachteilige Auswirkungen wie CO2-Emissionen, Mitarbeitersicherheit, Bestechung und Korruption sowie Wassermanagement berücksichtigen, und bei den von Staaten ausgegebenen Wertpapieren berücksichtigen die verwendeten Ratings wichtige nachteilige Auswirkungen (PAI) wie CO2-Emissionen, Sozialverstöße und die Meinungsfreiheit.
- Ausschlusskriterien – Bei Direktanlagen in Unternehmen als Emittenten wendet der Teilfonds die (unten definierten) Ausschlusskriterien an, um die wichtigsten nachteiligen Auswirkungen abzumildern. Dazu schließt er schädliche Sektoren aus und verbietet Investitionen in Emittenten, die gegen internationale Standards wie den UNGC verstoßen.
- Mitwirkung – Fidelity nutzt Mitwirkung als ein Instrument, um die wichtigsten nachteiligen Auswirkungen besser zu verstehen und sich unter bestimmten Umständen für die Abmilderung der wichtigsten nachteiligen Auswirkungen einzusetzen. Fidelity beteiligt sich an relevanten individuellen und kollaborativen Arten der Mitwirkung, die auf eine Reihe von wichtigen negativen Auswirkungen abzielen (z. B. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Abstimmungsverhalten – Die Abstimmungspolitik von Fidelity umfasst bei Unternehmen als Emittenten explizite Mindeststandards für die Geschlechtervielfalt im Aufsichtsrat und die Auseinandersetzung mit dem Klimawandel. Fidelity kann auch auf eine Weise abstimmen, dass die wichtigsten nachteiligen Auswirkungen abgemildert werden.
- Vierteljährliche Überprüfungen – Überwachung der wichtigsten nachteiligen Auswirkungen (PAI) durch den vierteljährlichen Überprüfungsprozess des Teilfonds.

Wenn es um die Frage geht, ob Investitionen eine wesentliche nachteilige Auswirkung haben, berücksichtigt Fidelity für jeden Nachhaltigkeitsfaktor spezifische Indikatoren. Diese Indikatoren hängen von der Datenverfügbarkeit ab und können sich mit zunehmender Datenqualität und
-verfügbarkeit weiterentwickeln.
Informationen über die wichtigsten nachteiligen Auswirkungen werden im Jahresbericht des Teilfonds zur Verfügung gestellt.

###### Welche Anlagestrategie wird mit diesem Finanzprodukt verfolgt?
Die Anlagestrategie dient aIs Richtschnur für Investitionsentscheidun- gen, wobei bestimmte Kriterien wie beispielsweise Investitionsziele oder Risikotoleranz
berücksichtigt werden.
Der Teilfonds gehört zur Familie der Fidelity Nachhaltigkeitsfonds und verfolgt eine auf Nachhaltigkeit ausgerichtete Strategie, nach der mindestens 70% des Nettovermögens des Teilfonds in Wertpapiere investiert werden, die gute ESG-Eigenschaften aufweisen.
Ob ESG-Eigenschaften gut sind, wird anhand von ESG-Ratings externer Agenturen und von Fidelity ESG-Ratings ermittelt.
Emittenten, deren Rating sie für die Zwecke des Primärziels (mindestens 70% des Vermögens) als ungeeignet zur Einstufung als Unternehmen mit guten ESG-Eigenschaften erscheinen lässt, können im Umfang von bis zu 30% des Nettovermögens aufgenommen werden, sofern sie nachweisen können, dass sie sich hinsichtlich ihrer ESG-Eigenschaften auf dem Weg der Besserung befinden.
In Bezug auf seine Direktanlagen berücksichtigt der Teilfonds:
- eine unternehmensweite Ausschlussliste, die Streumunition und Antipersonenminen umfasst, und
- eine prinzipienbasierte Ausschlussrichtlinie, die Folgendes beinhaltet:
	- eine normenbasierte Filterung von Emittenten, die nach Auffassung des Investmentmanagers ihre Geschäfte nicht in Übereinstimmung mit internationalen Normen, darunter denen des UNGC, geführt haben; und
	- ein Filterkriterium, durch das bestimmte Sektoren, Emittenten oder Praktiken auf der Grundlage konkreter ESG-Kriterien ausgeschlossen werden können, wobei für diese Kriterien möglicherweise auch Umsatzschwellen angewendet werden.


Die oben genannten Ausschluss- und Filterkriterien (die „Ausschlusskriterien“) werden möglicherweise von Zeit zu Zeit aktualisiert. Weitere Informationen erhalten Sie auf der Website Sustainable investing framework (fidelityinternational.com).
Es steht zudem im Ermessen des Investmentmanagers, von Zeit zu Zeit erweiterte, strengere Nachhaltigkeitsanforderungen und Ausschlusskriterien anzuwenden.
Worin bestehen die verbindlichen Elemente der Anlagestrategie, die für die Auswahl der Investitionen zur Erfüllung der beworbenen ökologischen oder sozialen Ziele verwendet werden?
Der Teilfonds investiert:
- mindestens 70% seines Vermögens in Emittenten mit guten ESG-Eigenschaften; und
- mindestens 5% in nachhaltige Anlagen, von denen mindestens 0% ein Umweltziel verfolgen, das sich an der EU-Taxonomie orientiert, mindestens 1% ein Umweltziel, das sich nicht an der EU-Taxonomie orientiert, und mindestens 1% ein Sozialziel.

Darüber hinaus wird der Teilfonds die Ausschlusskriterien, wie oben beschrieben, systematisch anwenden.
Um welchen Mindestsatz wird der Umfang der vor der Anwendung dieser Anlagestrategie in Betracht gezogenen Investitionen reduziert?
Diese Frage ist hier nicht relevant.
Die Verfahrensweisen einer guten
Unternehmensführung umfassen solide Managementstrukturen, die Beziehungen zu den Arbeitnehmern, die Vergütung von Mitarbeitern sowie die Einhaltung der Steuervorschriften.
Wie werden die Verfahrensweisen einer guten Unternehmensführung der Unternehmen, in die investiert wird, bewertet?
Die Governance-Praktiken der Emittenten werden anhand von Fundamentalresearch bewertet, darunter im Rahmen der von externen Agenturen und Fidelity bereitgestellten ESG-Ratings.
Zu den wichtigsten der analysierten Fragen gehören die Erfolgsbilanz hinsichtlich: Kapitalallokation, finanzieller Transparenz, Transaktionen mit nahestehenden Unternehmen und Personen, Unabhängigkeit und Größe des Vorstands, Vergütung von Führungskräften, Wirtschaftsprüfung und interner Revision, Rechte der Minderheitsaktionäre und anderer Indikatoren. Für staatliche Emittenten werden Faktoren wie Korruption und Meinungsfreiheit einbezogen.

###### Welche Vermögensallokation ist für dieses Finanzprodukt geplant?
Die Vermögensallokation gibt den jeweiligen Anteil der Investitionen in bestimmte Vermögenswerte an.
Taxonomiekonforme Tätigkeiten, ausgedrückt durch den Anteil der:
- Umsatzerlöse, die den Anteil der Einnahmen aus umweltfreundlichenAktivitäten der Unternehmen, in die investiert wird, widerspiegeln
- Investitionsausgaben (CapEx), die die umweltfreundlichen Investitionen der Unternehmen, in die investiert wird, aufzeigen,z.B. für den Übergang zu einer grünen Wirtschaft- Betriebsausgaben (OpEx), die die umweltfreundlichenbetrieblichen Aktivitäten der Unternehmen, in die investiert wird, widerspiegeln(#1 Ausgerichtet an E/S-Eigenschaften) Der Teilfonds investiert:
- mindestens 70% seines	Vermögens	in	Wertpapieren	von	Emittenten	mit	guten ESG-Eigenschaften;
- mindestens 5% seines Vermögens in nachhaltigen (#1A nachhaltig), von denen mindestens 0% ein	ökologisches	Ziel	(das	mit	der	EU-Taxonomie	übereinstimmt), mindestens 1% ein ökologisches Ziel (das nicht mit der EU-Taxonomie übereinstimmt) und mindestens 1% ein Sozialziel haben. Die übrigen nachhaltigen Anlagen des Teilfonds können ein Umwelt- oder Sozialziel verfolgen.

Sonstige Umweltziele 1%
(#1B Sonstige E/S-Eigenschaften) Umfasst Wertpapiere von Emittenten mit guten ESG-Eigenschaften, die aber keine nachhaltigen Anlagen sind.
#1A Nachhaltige
Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale
70%
Investitionen 5%
#1B Andere ökologische oder soziale Merkmale
Soziales 1%
#2 Andere Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst Investitionen des Finanzprodukts, die zur Erreichung der beworbenen ökologischen oder sozialen Merkmale getätigt wurden.
#2 Andere Investitionen umfasst die übrigen Investitionen des Finanzprodukts, die weder auf ökologische oder soziale Merkmale ausgerichtet sind noch als nachhaltige Investitionen eingestuft werden.
Die Kategorie #1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst folgende Unterkategorien:
Die Unterkategorie #1A Nachhaltige Investitionen umfasst nachhaltige Investitionen mit ökologischen oder sozialen Zielen.
Die Unterkategorie #1B Andere ökologische oder soziale Merkmale umfasst Investitionen, die auf ökologische oder soziale Merkmale ausgerichtet sind, aber nicht als nachhaltige Investitionen eingestuft werden.
Inwiefern werden durch den Einsatz von Derivaten die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht?
Wenn das einem Derivat zugrunde liegende Wertpapier im Einklang mit dem System für nachhaltiges Investieren von Fidelity gute ESG-Eigenschaften aufweist, darf das Derivat zur Feststellung des Teilfondsanteils berücksichtigt werden, der Umwelt- oder Sozialeigenschaften fördert.
In welchem Mindestmaß sind nachhaltige Investitionen mit einem Umweltziel mit der EU-Taxonomie konform?
Der Teilfonds investiert mindestens 0% in nachhaltige Anlagen mit einem Umweltziel, die mit der EU-Taxonomie konform sind.
Die Konformität der Anlagen des Teilfonds mit der EU-Taxonomie wird nicht durch Wirtschaftsprüfer oder mittels einer Überprüfung durch Dritte sichergestellt.
Die Ausrichtung der zugrunde liegenden Anlagen des Teilfonds an der EU-Taxonomie wird anhand des Umsatzes gemessen.
Investiert das Finanzprodukt in Aktivitäten im Zusammenhang mit fossilem Gas und/oder Kernenergie, die der EU-Taxonomie¹ entsprechen?
- JaNein
- In fossiles Gas	In KernenergieWie hoch ist der Mindestanteil der Investitionen in Übergangstätigkeiten und ermöglichende Tätigkeiten?

Der Teilfonds investiert mindestens 0% in Übergangstätigkeiten und ermöglichende Tätigkeiten.
Wie hoch ist der Mindestanteil nachhaltiger Investitionen mit einem Umweltziel, die nicht mit der EU-Taxonomie konform sind?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Umweltziel, das nicht mit der EU-Taxonomie konform ist.
Die Anlagen können zwar mit der EU-Taxonomie konform sein, aber der Investmentmanager ist derzeit nicht in der Lage, den genauen Anteil der Anlagen des Teilfonds anzugeben, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftstätigkeiten berücksichtigen. Die Position wird jedoch weiterhin überprüft, wenn die zugrunde liegenden Regeln festgelegt sind und im Laufe der Zeit mehr zuverlässige Daten zur Verfügung stehen.
¹ Tätigkeiten im Bereich fossiles Gas und/oder Kernenergie sind nur dann EU-taxonomiekonform, wenn sie zur Eindämmung des Klimawandels („Klimaschutz“) beitragen und kein Ziel der EU-Taxonomie erheblich beeinträchtigen – siehe Erläuterung am linken Rand. Die vollständigen Kriterien für EU-taxonomiekonforme Wirtschaftstätigkeiten im Bereich fossiles Gas und Kernenergie sind in der Delegierten Verordnung (EU) 2022/1214 der Kommission festgelegt.
Wie hoch ist der Mindestanteil der sozial nachhaltigen Investitionen?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Sozialziel.
Welche Investitionen fallen unter ,,#2 Andere Investitionen", welcher Anlagezweck wird mit ihnen verfolgt und gibt es einen ökologischen oder sozialen Mindestschutz?
Die verbleibenden Anlagen des Teilfonds können in Wertpapieren von Emittenten erfolgen, die nachweisen können, dass sie sich in Bezug auf ihre ESG-Eigenschaften auf einem Kurs der Verbesserung befinden, und für Liquiditätszwecke in liquiden Mitteln und liquiden Mitteln gleichstehenden Mitteln sowie in Derivaten, die als Anlagen und für ein effizientes Portfoliomanagement eingesetzt werden können.
Zur Gewährleistung eines Mindestmaßes an Umwelt- und Sozialabsicherungen wendet der Teilfonds die Ausschlusskriterien an.

###### Wurde ein Index als Referenzwert bestimmt, um festzustellen, ob dieses Finanzprodukt auf die beworbenen ökologischen und/oder sozialen Merkmale ausgerichtet ist?
Es wird kein bestimmter Index als Referenzbenchmark angegeben, um festzustellen, ob dieses Finanzprodukt zu den geförderten Umwelt- oder Sozialeigenschaften passt.
Bei den Referenzwerten handelt es sich um Indizes, mit denen gemessen wird, ob das Finanzprodukt die beworbenen ökologischen oder sozialen Merkmale erreicht.
Inwiefern ist der Referenzwert kontinuierlich auf die mit dem Finanzprodukt beworbenen ökologischen und sozialen Merkmale ausgerichtet?
Diese Frage ist hier nicht relevant.
Wie wird die kontinuierliche Ausrichtung der Anlagestrategie auf die Indexmethode sichergestellt?
Diese Frage ist hier nicht relevant.
Wie unterscheidet sich der bestimmte Index von einem relevanten breiten Marktindex?
Diese Frage ist hier nicht relevant.
Wo kann die Methode zur Berechnung des bestimmten Indexes eingesehen werden?
Diese Frage ist hier nicht relevant.

###### 	Wo kann ich im Internet weitere produktspezifische Informationen finden?
Weitere produktspezifische Informationen finden Sie auf der Website: https:/www.fidelity.lu/funds/factsheet/LU0594300849/tab-disclosure#SFDR-disclosure. 
Weitere Informationen zu den hier dargelegten Methoden finden Sie auf der Website: System fürnachhaltiges Investieren (fidelityinternational.com).
Vorvertragliche Informationen zu den in Artikel 8 Absätze 1, 2 und 2a der Verordnung (EU) 2019/2088 und Artikel 6 Absatz 1 der Verordnung (EU) 2020/852 genannten Finanzprodukten
Name des Produkts:	Unternehmenskennung (LEI- Code):
Fidelity Funds - Sustainable US High Yield Fund	549300WZ0K4FU7Y35T18

###### Ökologische und/oder soziale Merkmale
| Werden mit diesem Finanzprodukt nachhaltige Investitionen angestrebt? |
| --- |
|  | - Ja
 |  | Nein |
| - Es wird damit ein MindestanteiI an nachhaltigen Investitionen mit einem Umweltziel getätigt:%
	- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie als ökologisch nachhaltig einzustufen sind
	- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie nicht als ökologisch nachhaltig einzustufen sind

- Es wird damit ein Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel getätigt:%
 | Es werden damit ökologische/soziale Merkmale beworben und obwohl keine nachhaltigen Investitionen angestrebt werden, enthält es einen Mindestanteil von 5% an nachhaltigen Investitionen. - mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie als ökologisch nachhaltig einzustufen sindmit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie nicht als ökologisch nachhaltig einzustufen sindmit einem sozialen Ziel
- Es	werden		damit	ökologische/soziale Merkmale	beworben,		aber	keinenachhaltigen Investitionen getätigt.
 |

Welche ökologischen und/ oder sozialen Merkmale werden mit diesem Finanzprodukt beworben?
Mit Nachhaltigkeitsin- dikatoren wird gemessen, inwieweit die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht werden.
Der Teilfonds fördert Umwelt- und Sozialeigenschaften, indem er in Wertpapiere von Emittenten mit guten ESG-Eigenschaften investiert. Gute ESG-Eigenschaften werden anhand von ESG-Ratings ermittelt. ESG-Ratings berücksichtigen Umwelteigenschaften wie CO2-Intensität, CO2-Emissionen, Energieeffizienz, Wasser- und Abfallmanagement und Biodiversität sowie Sozialeigenschaften wie Produktsicherheit, Lieferkette, Gesundheit und Sicherheit sowie Menschenrechte.
Der Teilfonds ist in gewissem Maße bestrebt, nachhaltige Anlagen zu tätigen.
Es wird keine Referenzbenchmark festgelegt, um die geförderten Umwelt- und Sozialeigenschaften zu erreichen.
einzelnen ökologischen oder sozialen Merkmale, die durch dieses Finanzprodukt beworben werden, herangezogen?
Der Teilfonds verwendet die folgenden Nachhaltigkeitsindikatoren, um die Ausprägung der von ihm geförderten Umwelt- oder Sozialeigenschaften zu messen:
- der  Prozentsatz des Teilfonds, der in Wertpapieren von Emittenten mit guten ESG-Eigenschaften im Einklang mit dem System für nachhaltiges Investieren von Fidelity investiert ist;
- in Bezug auf seine Direktanlagen der Prozentsatz des Teilfonds, der in Wertpapiere von Emittenten investiert ist, auf die Ausschlusskriterien (wie unten definiert) zutreffen;
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen investiert ist; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel bei Wirtschaftsaktivitäten investiert ist, die gemäß der EU-Taxonomie nicht als ökologisch nachhaltig gelten; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel investiert ist.

Welches sind die Ziele der nachhaltigen Investitionen, die mit dem
Finanzprodukt teilweise getätigt werden sollen, und wie trägt die nachhaltige Investition zu diesen Zielen bei?
Für den Teilfonds gilt eine Anlage in folgende Emittenten als nachhaltig:
- Emittenten, die wirtschaftliche Tätigkeiten ausüben, die zu einem oder mehreren der in der EU-Taxonomie festgelegten Umweltziele beitragen und gemäß der EU-Taxonomie als ökologisch nachhaltig gelten; oder
- Emittenten, bei denen der Großteil ihrer Geschäftstätigkeit (mehr als 50% des Umsatzes) zu Umwelt- oder Sozialzielen beiträgt, die mit einem oder mehreren der Ziele der Vereinten Nationen für nachhaltige Entwicklung („SDG“) in Einklang stehen; oder
- Emittenten, die ein Dekarbonisierungsziel festgelegt haben, das mit einem Temperaturanstiegsszenario mit 1,5 Grad oder weniger vereinbar ist (überprüft durch die Science Based Target Initiative oder ein Fidelity Proprietary Climate Rating), das als Beitrag zu Umweltzielen angesehen wird;sofern sie keinen wesentlichen Schaden anrichten, Mindestabsicherungen bieten und gute Governance-Kriterien aufweisen.

teilweise getätigt werden sollen, keinem der ökologischen oder sozialen nachhaltigen Anlageziele erheblich schaden?
Nachhaltige Anlagen werden auf ihre Beteiligung an Aktivitäten überprüft, die erheblichen Schaden und Kontroversen verursachen, und durch eine Kontrolle bewertet, ob der Emittent Mindestabsicherungen und -standards hinsichtlich der wichtigsten nachteiligen Auswirkungen (PAI) sowie für die Leistung bei den PAI-Kennzahlen umsetzt bzw. erfüllt. Dazu gehören:
- Normenbasierte Filterkriterien – das Filtern von Wertpapieren, die gemäß den bestehenden (unten beschriebenen) normenbasierten Filterkriterien von Fidelity ermittelt wurden, anhand von:
- aktivitätsbasierten Filterkriterien – das Filtern von Emittenten auf der Grundlage ihrer Beteiligung an Aktivitäten mit erheblichen negativen Auswirkungen auf die Gesellschaft oder die Umwelt, darunter Emittenten, bei denen aufgrund der Filterkriterien für Kontroversen eine„sehr gravierende“ Kontroverse vorliegt, die im Bereich
- Umwelt,
- Menschenrechte und Gemeinschaften,
- Arbeitnehmerrechte und Lieferkette,
- Kunden,
- Governance angesiedelt ist; und anhand von
	- PAI-Indikatoren. Quantitative Daten (sofern verfügbar) zu PAI-Indikatoren werden verwendet, um zu bewerten, ob ein Emittent an Aktivitäten beteiligt ist, die einem Umwelt- oder Sozialziel erheblichen Schaden zufügen.


Bei den wichtigsten nachteiligen Auswirkungen handelt es sich um die bedeutendsten nachteiligen Auswirkungen von Investitionsentscheidun- gen auf NachhaItigkeitsfaktoren in den Bereichen Umwelt, Soziales und Beschäftigung, Achtung der Menschenrechte und Bekämpfung von Korruption und Bestechung.
Wie wurden die Indikatoren für nachteilige Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Für nachhaltige Anlagen, wie oben beschrieben, führt Fidelity eine quantitative Bewertung durch, um Emittenten mit einer problematischen Leistung bei PAI-Indikatoren zu ermitteln. Emittenten mit einer niedrigen Punktzahl kommen nur dann für „nachhaltige Anlagen“ infrage, wenn die Fundamentalresearch von Fidelity feststellt, dass der Emittent nicht gegen die Anforderungen verstößt, „keinen wesentlichen Schaden anrichtet“ oder sich auf einem Weg befindet, um die nachteiligen Auswirkungen durch effektives Management oder einen Übergang abzumildern.
Wie stehen die nachhaltigen Investitionen mit den OECD-Leitsätzen für multinationale Unternehmen und den Leitprinzipien der Vereinten Nationen für Wirtschaft und
Menschenrechte in Einklang? Nähere Angaben:
Es werden normenbasierte Filterkriterien angewendet: Emittenten, bei denen festgestellt wurde, dass sie sich nicht in einer Weise verhalten, die ihrer grundlegenden Verantwortung in den Bereichen Menschenrechte, Arbeit, Umwelt und Korruptionsbekämpfung im Einklang mit internationalen Normen gerecht wird, darunter denjenigen, die in den OECD-Leitsätzen für multinationale Unternehmen, den Leitprinzipien der Vereinten Nationen für Wirtschaft und Menschenrechte, dem UN Global Compact (UNGC) und den IAO-Standards der Internationalen Arbeitsorganisation (ILO) festgelegt sind, kommen für nachhaltige Investitionen nicht infrage.
In der EU-Taxonomie ist der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" festgelegt, nach dem taxonomiekonforme Investitionen die Ziele der EU-Taxonomie nicht erheblich beeinträchtigen dürfen, und es sind spezifische EU-Kriterien beigefügt. Der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" findet nur bei denjenigen dem Finanzprodukt zugrunde liegenden Investitionen Anwendung, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten berücksichtigen. Die dem verbleibenden Teil dieses  Finanzprodukts zugrunde  liegenden Investitionen berücksichtigen nicht die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten. Alle anderen nachhaltigen Investitionen dürfen ökologische oder soziale Ziele ebenfalls nicht erheblich beeinträchtigen.

###### Werden bei diesem Finanzprodukt die wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Ja
- NeinDie wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren werden mit Hilfe einer Vielzahl von Instrumenten berücksichtigt und in Anlageentscheidungen einbezogen. Hierzu zählen:
- Due Diligence – Analyse, ob die wichtigsten nachteiligen Auswirkungen (PAI) wesentlich und negativ sind.
- ESG-Rating – Fidelity bezieht sich auf ESG-Ratings, die wesentliche nachteilige Auswirkungen wie CO2-Emissionen, Mitarbeitersicherheit, Bestechung und Korruption sowie Wassermanagement berücksichtigen, und bei den von Staaten ausgegebenen Wertpapieren berücksichtigen die verwendeten Ratings wichtige nachteilige Auswirkungen (PAI) wie CO2-Emissionen, Sozialverstöße und die Meinungsfreiheit.
- Ausschlusskriterien – Bei Direktanlagen in Unternehmen als Emittenten wendet der Teilfonds die (unten definierten) Ausschlusskriterien an, um die wichtigsten nachteiligen Auswirkungen abzumildern. Dazu schließt er schädliche Sektoren aus und verbietet Investitionen in Emittenten, die gegen internationale Standards wie den UNGC verstoßen.
- Mitwirkung – Fidelity nutzt Mitwirkung als ein Instrument, um die wichtigsten nachteiligen Auswirkungen besser zu verstehen und sich unter bestimmten Umständen für die Abmilderung der wichtigsten nachteiligen Auswirkungen einzusetzen. Fidelity beteiligt sich an relevanten individuellen und kollaborativen Arten der Mitwirkung, die auf eine Reihe von wichtigen negativen Auswirkungen abzielen (z. B. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Abstimmungsverhalten – Die Abstimmungspolitik von Fidelity umfasst bei Unternehmen als Emittenten explizite Mindeststandards für die Geschlechtervielfalt im Aufsichtsrat und die Auseinandersetzung mit dem Klimawandel. Fidelity kann auch auf eine Weise abstimmen, dass die wichtigsten nachteiligen Auswirkungen abgemildert werden.
- Vierteljährliche Überprüfungen – Überwachung der wichtigsten nachteiligen Auswirkungen (PAI) durch den vierteljährlichen Überprüfungsprozess des Teilfonds.

Wenn es um die Frage geht, ob Investitionen eine wesentliche nachteilige Auswirkung haben, berücksichtigt Fidelity für jeden Nachhaltigkeitsfaktor spezifische Indikatoren. Diese Indikatoren hängen von der Datenverfügbarkeit ab und können sich mit zunehmender Datenqualität und
-verfügbarkeit weiterentwickeln.
Informationen über die wichtigsten nachteiligen Auswirkungen werden im Jahresbericht des Teilfonds zur Verfügung gestellt.

###### Welche Anlagestrategie wird mit diesem Finanzprodukt verfolgt?
Die Anlagestrategie dient aIs Richtschnur für Investitionsentscheidun- gen, wobei bestimmte Kriterien wie beispielsweise Investitionsziele oder Risikotoleranz
berücksichtigt werden.
Der Teilfonds ist Teil der Familie der Nachhaltigkeitsfonds von Fidelity und verfolgt eine auf Nachhaltigkeit ausgerichtete Strategie, bei der mindestens 70% des Fondsvermögens in Wertpapiere mit guten ESG-Eigenschaften investiert werden.
Ob ESG-Eigenschaften eine gute Ausprägung haben, wird anhand von ESG-Ratings externer Agenturen und Fidelity ESG-Ratings ermittelt.
Emittenten, deren Rating sie für die Zwecke des Primärziels (mindestens 70% des Vermögens) als ungeeignet zur Einstufung als Unternehmen mit guten ESG-Eigenschaften erscheinen lässt, können im Umfang von bis zu 30% des Nettovermögens aufgenommen werden, sofern sie nachweisen können, dass sie sich hinsichtlich ihrer ESG-Eigenschaften auf dem Weg der Besserung befinden.
Das durchschnittliche ESG-Rating des Teilfonds wird das durchschnittliche ESG-Rating des Anlageuniversums, (für die Zwecke dieser Berechnung) repräsentiert durch den ICE B0fA US High  Yield  Constrained  Index  (der  „Index“),  nach  Ausschluss  von  20%  der Index-Vermögenswerte mit den niedrigsten ESG-Ratings übersteigen.
In Bezug auf seine Direktanlagen berücksichtigt der Teilfonds:
- eine unternehmensweite Ausschlussliste, die Streumunition und Antipersonenminen umfasst, und
- eine prinzipienbasierte Ausschlussrichtlinie, die Folgendes beinhaltet:
	- eine normenbasierte Filterung von Emittenten, die nach Auffassung des Investmentmanagers ihre Geschäfte nicht in Übereinstimmung mit internationalen Normen, darunter denen des UNGC, geführt haben; und
	- ein Filterkriterium, durch das bestimmte Sektoren, Emittenten oder Praktiken auf der Grundlage konkreter ESG-Kriterien ausgeschlossen werden können, wobei für diese Kriterien möglicherweise auch Umsatzschwellen angewendet werden.


Die oben genannten Ausschluss- und Filterkriterien (die „Ausschlusskriterien“) werden möglicherweise von Zeit zu Zeit aktualisiert. Weitere Informationen erhalten Sie auf der Website Sustainable investing framework (fidelityinternational.com).
Es steht zudem im Ermessen des Investmentmanagers, von Zeit zu Zeit erweiterte, strengere Nachhaltigkeitsanforderungen und Ausschlusskriterien anzuwenden.
Worin bestehen die verbindlichen Elemente der Anlagestrategie, die für die Auswahl der Investitionen zur Erfüllung der beworbenen ökologischen oder sozialen Ziele verwendet werden?
Der Teilfonds investiert:
- mindestens 70% seines Vermögens in Emittenten mit guten ESG-Eigenschaften; und
- mindestens 5% in nachhaltige Anlagen, von denen mindestens 0% ein Umweltziel verfolgen, das sich an der EU-Taxonomie orientiert, mindestens 1% ein Umweltziel, das sich nicht an der EU-Taxonomie orientiert, und mindestens 1% ein Sozialziel.

Der Teilfonds bewertet die ESG-Eigenschaften von mindestens 90% seines Vermögens. Das durchschnittliche ESG-Rating des Teilfonds wird das durchschnittliche ESG-Rating des Anlageuniversums, repräsentiert durch den Index (wie oben definiert), nach Ausschluss von 20% der Index-Vermögenswerte mit den niedrigsten ESG-Ratings übersteigen.
Darüber hinaus wird der Teilfonds die Ausschlusskriterien, wie oben beschrieben, systematisch anwenden.
Um welchen Mindestsatz wird der Umfang der vor der Anwendung dieser Anlagestrategie in Betracht gezogenen Investitionen reduziert?
Diese Frage ist hier nicht relevant.
Die Verfahrensweisen einer guten
Unternehmensführung umfassen solide Managementstrukturen, die Beziehungen zu den Arbeitnehmern, die Vergütung von Mitarbeitern sowie die Einhaltung der Steuervorschriften.
Wie werden die Verfahrensweisen einer guten Unternehmensführung der Unternehmen, in die investiert wird, bewertet?
Die Governance-Praktiken der Emittenten werden anhand von Fundamentalresearch bewertet, darunter im Rahmen der von externen Agenturen und Fidelity bereitgestellten ESG-Ratings.
Zu den wichtigsten der analysierten Fragen gehören die Erfolgsbilanz hinsichtlich: Kapitalallokation, finanzieller Transparenz, Transaktionen mit nahestehenden Unternehmen und Personen, Unabhängigkeit und Größe des Vorstands, Vergütung von Führungskräften, Wirtschaftsprüfung und interner Revision, Rechte der Minderheitsaktionäre und anderer Indikatoren. Für staatliche Emittenten werden Faktoren wie Korruption und Meinungsfreiheit einbezogen.

###### Welche Vermögensallokation ist für dieses Finanzprodukt geplant?
Die Vermögensallokation gibt den jeweiligen Anteil der Investitionen in bestimmte Vermögenswerte an.
Taxonomiekonforme Tätigkeiten, ausgedrückt durch den Anteil der:
- Umsatzerlöse, die den Anteil der Einnahmen aus umweltfreundlichenAktivitäten der Unternehmen, in die investiert wird, widerspiegeln
- Investitionsausgaben (CapEx), die die umweltfreundlichen Investitionen der Unternehmen, in die investiert wird, aufzeigen,z.B. für den Übergang zu einer grünen Wirtschaft- Betriebsausgaben (OpEx), die die umweltfreundlichenbetrieblichen Aktivitäten der Unternehmen, in die investiert wird, widerspiegeln(#1 Ausgerichtet an E/S-Eigenschaften) Der Teilfonds investiert:
- mindestens 70% seines	Vermögens	in	Wertpapieren	von	Emittenten	mit	guten ESG-Eigenschaften;
- mindestens 5% seines Vermögens in nachhaltigen (#1A nachhaltig), von denen mindestens 0% ein	ökologisches	Ziel	(das	mit	der	EU-Taxonomie	übereinstimmt), mindestens 1% ein ökologisches Ziel (das nicht mit der EU-Taxonomie übereinstimmt) und mindestens 1% ein Sozialziel haben. Die übrigen nachhaltigen Anlagen des Teilfonds können ein Umwelt- oder Sozialziel verfolgen.

Sonstige Umweltziele 1%
(#1B Sonstige E/S-Eigenschaften) Umfasst Wertpapiere von Emittenten mit guten ESG-Eigenschaften, die aber keine nachhaltigen Anlagen sind.
#1A Nachhaltige
Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale
70%
Investitionen 5%
#1B Andere ökologische oder soziale Merkmale
Soziales 1%
#2 Andere Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst Investitionen des Finanzprodukts, die zur Erreichung der beworbenen ökologischen oder sozialen Merkmale getätigt wurden.
#2 Andere Investitionen umfasst die übrigen Investitionen des Finanzprodukts, die weder auf ökologische oder soziale Merkmale ausgerichtet sind noch als nachhaltige Investitionen eingestuft werden.
Die Kategorie #1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst folgende Unterkategorien:
Die Unterkategorie #1A Nachhaltige Investitionen umfasst nachhaltige Investitionen mit ökologischen oder sozialen Zielen.
Die Unterkategorie #1B Andere ökologische oder soziale Merkmale umfasst Investitionen, die auf ökologische oder soziale Merkmale ausgerichtet sind, aber nicht als nachhaltige Investitionen eingestuft werden.
Inwiefern werden durch den Einsatz von Derivaten die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht?
Wenn das einem Derivat zugrunde liegende Wertpapier im Einklang mit dem System für nachhaltiges Investieren von Fidelity gute ESG-Eigenschaften aufweist, darf das Derivat zur Feststellung des Teilfondsanteils berücksichtigt werden, der Umwelt- oder Sozialeigenschaften fördert.
In welchem Mindestmaß sind nachhaltige Investitionen mit einem Umweltziel mit der EU-Taxonomie konform?
Der Teilfonds investiert mindestens 0% in nachhaltige Anlagen mit einem Umweltziel, die mit der EU-Taxonomie konform sind.
Die Konformität der Anlagen des Teilfonds mit der EU-Taxonomie wird nicht durch Wirtschaftsprüfer oder mittels einer Überprüfung durch Dritte sichergestellt.
Die Ausrichtung der zugrunde liegenden Anlagen des Teilfonds an der EU-Taxonomie wird anhand des Umsatzes gemessen.
Investiert das Finanzprodukt in Aktivitäten im Zusammenhang mit fossilem Gas und/oder Kernenergie, die der EU-Taxonomie¹ entsprechen?
- JaNein
- In fossiles Gas	In KernenergieWie hoch ist der Mindestanteil der Investitionen in Übergangstätigkeiten und ermöglichende Tätigkeiten?

Der Teilfonds investiert mindestens 0% in Übergangstätigkeiten und ermöglichende Tätigkeiten.
Wie hoch ist der Mindestanteil nachhaltiger Investitionen mit einem Umweltziel, die nicht mit der EU-Taxonomie konform sind?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Umweltziel, das nicht mit der EU-Taxonomie konform ist.
Die Anlagen können zwar mit der EU-Taxonomie konform sein, aber der Investmentmanager ist derzeit nicht in der Lage, den genauen Anteil der Anlagen des Teilfonds anzugeben, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftstätigkeiten berücksichtigen. Die Position wird jedoch weiterhin überprüft, wenn die zugrunde liegenden Regeln festgelegt sind und im Laufe der Zeit mehr zuverlässige Daten zur Verfügung stehen.
¹ Tätigkeiten im Bereich fossiles Gas und/oder Kernenergie sind nur dann EU-taxonomiekonform, wenn sie zur Eindämmung des Klimawandels („Klimaschutz“) beitragen und kein Ziel der EU-Taxonomie erheblich beeinträchtigen – siehe Erläuterung am linken Rand. Die vollständigen Kriterien für EU-taxonomiekonforme Wirtschaftstätigkeiten im Bereich fossiles Gas und Kernenergie sind in der Delegierten Verordnung (EU) 2022/1214 der Kommission festgelegt.
Wie hoch ist der Mindestanteil der sozial nachhaltigen Investitionen?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Sozialziel.
Welche Investitionen fallen unter ,,#2 Andere Investitionen", welcher Anlagezweck wird mit ihnen verfolgt und gibt es einen ökologischen oder sozialen Mindestschutz?
Die verbleibenden Anlagen des Teilfonds können in Wertpapieren von Emittenten erfolgen, die nachweisen können, dass sie sich in Bezug auf ihre ESG-Eigenschaften auf einem Kurs der Verbesserung befinden, und für Liquiditätszwecke in liquiden Mitteln und liquiden Mitteln gleichstehenden Mitteln sowie in Derivaten, die als Anlagen und für ein effizientes Portfoliomanagement eingesetzt werden können.
Zur Gewährleistung eines Mindestmaßes an Umwelt- und Sozialabsicherungen wendet der Teilfonds die Ausschlusskriterien an.

###### Wurde ein Index als Referenzwert bestimmt, um festzustellen, ob dieses Finanzprodukt auf die beworbenen ökologischen und/oder sozialen Merkmale ausgerichtet ist?
Es wird kein bestimmter Index als Referenzbenchmark angegeben, um festzustellen, ob dieses Finanzprodukt zu den geförderten Umwelt- oder Sozialeigenschaften passt.
Bei den Referenzwerten handelt es sich um Indizes, mit denen gemessen wird, ob das Finanzprodukt die beworbenen ökologischen oder sozialen Merkmale erreicht.
Inwiefern ist der Referenzwert kontinuierlich auf die mit dem Finanzprodukt beworbenen ökologischen und sozialen Merkmale ausgerichtet?
Diese Frage ist hier nicht relevant.
Wie wird die kontinuierliche Ausrichtung der Anlagestrategie auf die Indexmethode sichergestellt?
Diese Frage ist hier nicht relevant.
Wie unterscheidet sich der bestimmte Index von einem relevanten breiten Marktindex?
Diese Frage ist hier nicht relevant.
Wo kann die Methode zur Berechnung des bestimmten Indexes eingesehen werden?
Diese Frage ist hier nicht relevant.

###### 	Wo kann ich im Internet weitere produktspezifische Informationen finden?
Weitere produktspezifische Informationen finden Sie auf der Website: https:/www.fidelity.lu/funds/factsheet/LU1668667667/tab-disclosure#SFDR-disclosure. 
Weitere Informationen zu den hier dargelegten Methoden finden Sie auf der Website: System fürnachhaltiges Investieren (fidelityinternational.com).
Vorvertragliche Informationen zu den in Artikel 8 Absätze 1, 2 und 2a der Verordnung (EU) 2019/2088 und Artikel 6 Absatz 1 der Verordnung (EU) 2020/852 genannten Finanzprodukten
Name des Produkts:	Unternehmenskennung (LEI- Code):
Fidelity Funds - US Dollar Bond Fund	757QSNCIZ38KH0VOQ986

###### Ökologische und/oder soziale Merkmale
| Werden mit diesem Finanzprodukt nachhaltige Investitionen angestrebt? |
| --- |
|  | - Ja
 |  | Nein |
| - Es wird damit ein MindestanteiI an nachhaltigen Investitionen mit einem Umweltziel getätigt:%
	- in Wirtschaftstätigkeiten, die nach derEU-Taxonomie als ökologisch nachhaltig einzustufen sind

- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie nicht als ökologisch nachhaltig einzustufen sind
- Es wird damit ein Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel getätigt:%
 | Es werden damit ökologische/soziale Merkmale beworben und obwohl keine nachhaltigen Investitionen angestrebt werden, enthält es einen Mindestanteil von 2.5% an nachhaltigen Investitionen. - mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie als ökologisch nachhaltig einzustufen sindmit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie nicht als ökologisch nachhaltig einzustufen sindmit einem sozialen Ziel
- Es	werden		damit	ökologische/soziale Merkmale	beworben,		aber	keinenachhaltigen Investitionen getätigt.
 |

Welche ökologischen und/ oder sozialen Merkmale werden mit diesem Finanzprodukt beworben?
Mit Nachhaltigkeitsin- dikatoren wird gemessen, inwieweit die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht werden.
Der Teilfonds fördert Umwelt- und Sozialeigenschaften, indem er in Wertpapiere von Emittenten mit guten ESG-Eigenschaften investiert. Gute ESG-Eigenschaften werden anhand von ESG-Ratings ermittelt. ESG-Ratings berücksichtigen Umwelteigenschaften wie CO2-Intensität, CO2-Emissionen, Energieeffizienz, Wasser- und Abfallmanagement und Biodiversität sowie Sozialeigenschaften wie Produktsicherheit, Lieferkette, Gesundheit und Sicherheit sowie Menschenrechte.
Der Teilfonds ist in gewissem Maße bestrebt, nachhaltige Anlagen zu tätigen.
Es wird keine Referenzbenchmark festgelegt, um die geförderten Umwelt- und Sozialeigenschaften zu erreichen.
einzelnen ökologischen oder sozialen Merkmale, die durch dieses Finanzprodukt beworben werden, herangezogen?
Der Teilfonds verwendet die folgenden Nachhaltigkeitsindikatoren, um die Ausprägung der von ihm geförderten Umwelt- oder Sozialeigenschaften zu messen:
- der  Prozentsatz des Teilfonds, der in Wertpapieren von Emittenten mit guten ESG-Eigenschaften im Einklang mit dem System für nachhaltiges Investieren von Fidelity investiert ist;
- der Prozentsatz des Teilfonds, der in Wertpapiere von Emittenten investiert ist, auf die Ausschlusskriterien (wie unten definiert) zutreffen;
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen investiert ist; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel bei Wirtschaftsaktivitäten investiert ist, die gemäß der EU-Taxonomie als ökologisch nachhaltig gelten; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel investiert ist.

Welches sind die Ziele der nachhaltigen Investitionen, die mit dem
Finanzprodukt teilweise getätigt werden sollen, und wie trägt die nachhaltige Investition zu diesen Zielen bei?
Für den Teilfonds gilt eine Anlage in folgende Emittenten als nachhaltig:
- Emittenten, die wirtschaftliche Tätigkeiten ausüben, die zu einem oder mehreren der in der EU-Taxonomie festgelegten Umweltziele beitragen und gemäß der EU-Taxonomie als ökologisch nachhaltig gelten; oder
- Emittenten, bei denen der Großteil ihrer Geschäftstätigkeit (mehr als 50% des Umsatzes) zu Umwelt- oder Sozialzielen beiträgt, die mit einem oder mehreren der Ziele der Vereinten Nationen für nachhaltige Entwicklung („SDG“) in Einklang stehen; oder
- Emittenten, die ein Dekarbonisierungsziel festgelegt haben, das mit einem Temperaturanstiegsszenario mit 1,5 Grad oder weniger vereinbar ist (überprüft durch die Science Based Target Initiative oder ein Fidelity Proprietary Climate Rating), das als Beitrag zu Umweltzielen angesehen wird;sofern sie keinen wesentlichen Schaden anrichten, Mindestabsicherungen bieten und gute Governance-Kriterien aufweisen.

teilweise getätigt werden sollen, keinem der ökologischen oder sozialen nachhaltigen Anlageziele erheblich schaden?
Nachhaltige Anlagen werden auf ihre Beteiligung an Aktivitäten überprüft, die erheblichen Schaden und Kontroversen verursachen, und durch eine Kontrolle bewertet, ob der Emittent Mindestabsicherungen und -standards hinsichtlich der wichtigsten nachteiligen Auswirkungen (PAI) sowie eine Leistung bei den PAI-Kennzahlen umsetzt bzw. erfüllt. Dazu gehören:
- Normenbasierte Filterkriterien – das Filtern von Wertpapieren, die gemäß den bestehenden (unten beschriebenen) normenbasierten Ausschlusskriterien von Fidelity ermittelt wurden, anhand von:
- aktivitätsbasierten Filterkriterien – das Filtern von Emittenten auf der Grundlage ihrer Beteiligung an Aktivitäten mit erheblichen negativen Auswirkungen auf die Gesellschaft oder die Umwelt, darunter Körperschaften, bei denen aufgrund der Ausschlusskriterien für Kontroversen eine „sehr gravierende“ Kontroverse vorliegt, die im Bereich
- Umwelt,
- Menschenrechte und Gemeinschaften,
- Arbeitnehmerrechte und Lieferkette,
- Kunden,
- Governance angesiedelt ist; und
	- anhand von PAI-Indikatoren – Quantitative Daten (sofern verfügbar) zu PAI-Indikatoren werden verwendet, um zu bewerten, ob ein Emittent an Aktivitäten beteiligt ist, die einem Umwelt- oder Sozialziel erheblichen Schaden zufügen.


Bei den wichtigsten nachteiligen Auswirkungen handelt es sich um die bedeutendsten nachteiligen Auswirkungen von Investitionsentscheidun- gen auf NachhaItigkeitsfaktoren in den Bereichen Umwelt, Soziales und Beschäftigung, Achtung der Menschenrechte und Bekämpfung von Korruption und Bestechung.
Wie wurden die Indikatoren für nachteilige Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Für nachhaltige Anlagen, wie oben beschrieben, führt Fidelity eine quantitative Bewertung durch, um Emittenten mit einer problematischen Leistung bei PAI-Indikatoren zu ermitteln. Emittenten mit einer niedrigen Punktzahl kommen nur dann für „nachhaltige Anlagen“ infrage, wenn die Fundamentalresearch von Fidelity feststellt, dass der Emittent nicht gegen die Anforderungen verstößt, „keinen wesentlichen Schaden anrichtet“ oder sich auf einem Weg befindet, um die nachteiligen Auswirkungen durch effektives Management oder einen Übergang abzumildern.
Wie stehen die nachhaltigen Investitionen mit den OECD-Leitsätzen für multinationale Unternehmen und den Leitprinzipien der Vereinten Nationen für Wirtschaft und
Menschenrechte in Einklang? Nähere Angaben:
Es werden normenbasierte Filterkriterien angewendet: Emittenten, bei denen festgestellt wurde, dass sie sich nicht in einer Weise verhalten, die ihrer grundlegenden Verantwortung in den Bereichen Menschenrechte, Arbeit, Umwelt und Korruptionsbekämpfung im Einklang mit internationalen Normen gerecht wird, darunter denjenigen, die in den OECD-Leitsätzen für multinationale Unternehmen, den Leitprinzipien der Vereinten Nationen für Wirtschaft und Menschenrechte, dem UN Global Compact (UNGC) und den IAO-Standards der Internationalen Arbeitsorganisation (ILO) festgelegt sind, kommen für nachhaltige Investitionen nicht infrage.
In der EU-Taxonomie ist der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" festgelegt, nach dem taxonomiekonforme Investitionen die Ziele der EU-Taxonomie nicht erheblich beeinträchtigen dürfen, und es sind spezifische EU-Kriterien beigefügt. Der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" findet nur bei denjenigen dem Finanzprodukt zugrunde liegenden Investitionen Anwendung, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten berücksichtigen. Die dem verbleibenden Teil dieses  Finanzprodukts zugrunde  liegenden Investitionen berücksichtigen nicht die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten. Alle anderen nachhaltigen Investitionen dürfen ökologische oder soziale Ziele ebenfalls nicht erheblich beeinträchtigen.

###### Werden bei diesem Finanzprodukt die wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Ja
- NeinDie wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren werden mit Hilfe einer Vielzahl von Instrumenten berücksichtigt und in Anlageentscheidungen einbezogen. Hierzu zählen:
- Due Diligence – Analyse, ob die wichtigsten nachteiligen Auswirkungen (PAI) wesentlich und negativ sind.
- ESG-Rating – Fidelity bezieht sich auf ESG-Ratings, die wesentliche nachteilige Auswirkungen wie CO2-Emissionen, Mitarbeitersicherheit, Bestechung und Korruption sowie Wassermanagement berücksichtigen, und bei den von Staaten ausgegebenen Wertpapieren berücksichtigen die verwendeten Ratings wichtige nachteilige Auswirkungen (PAI) wie CO2-Emissionen, Sozialverstöße und die Meinungsfreiheit.
- Ausschlusskriterien – Bei Direktanlagen in Unternehmen als Emittenten wendet der Teilfonds die (unten definierten) Ausschlusskriterien an, um die wichtigsten nachteiligen Auswirkungen abzumildern. Dazu schließt er schädliche Sektoren aus und verbietet Investitionen in Emittenten, die gegen internationale Standards wie den UNGC verstoßen.
- Mitwirkung – Fidelity nutzt Mitwirkung als ein Instrument, um die wichtigsten nachteiligen Auswirkungen besser zu verstehen und sich unter bestimmten Umständen für die Abmilderung der wichtigsten nachteiligen Auswirkungen einzusetzen. Fidelity beteiligt sich an relevanten individuellen und kollaborativen Arten der Mitwirkung, die auf eine Reihe von wichtigen negativen Auswirkungen abzielen (z. B. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Abstimmungsverhalten – Die Abstimmungspolitik von Fidelity umfasst bei Unternehmen als Emittenten explizite Mindeststandards für die Geschlechtervielfalt im Aufsichtsrat und die Auseinandersetzung mit dem Klimawandel. Fidelity kann auch auf eine Weise abstimmen, dass die wichtigsten nachteiligen Auswirkungen abgemildert werden.
- Vierteljährliche Überprüfungen – Überwachung der wichtigsten nachteiligen Auswirkungen (PAI) durch den vierteljährlichen Überprüfungsprozess des Teilfonds.

Wenn es um die Frage geht, ob Investitionen eine wesentliche nachteilige Auswirkung haben, berücksichtigt Fidelity für jeden Nachhaltigkeitsfaktor spezifische Indikatoren. Diese Indikatoren hängen von der Datenverfügbarkeit ab und können sich mit zunehmender Datenqualität und
-verfügbarkeit weiterentwickeln.
Informationen über die wichtigsten nachteiligen Auswirkungen werden im Jahresbericht des Teilfonds zur Verfügung gestellt.
Die Anlagestrategie dient aIs Richtschnur für Investitionsentscheidun- gen, wobei bestimmte Kriterien wie beispielsweise Investitionsziele oder Risikotoleranz
berücksichtigt werden.
Mindestens 50% des Nettovermögens des Teilfonds werden in Wertpapiere investiert, die gute ESG-Eigenschaften aufweisen.
Ob ESG-Eigenschaften gut sind, wird anhand von ESG-Ratings externer Agenturen und von Fidelity ESG-Ratings ermittelt.
In Bezug auf seine Direktanlagen in Unternehmensemittenten berücksichtigt der Teilfonds:
a) eine unternehmensweite Ausschlussliste, die Streumunition und Antipersonenlandminen umfasst; und
- eine normenbasierte Filterung von Emittenten, die nach Ansicht des Investmentmanagers ihre Geschäfte nicht in Übereinstimmung mit internationalen Normen, darunter den im UNGC festgelegten, durchgeführt haben.

Die oben genannten Ausschluss- und Filterkriterien (die „Ausschlusskriterien“) werden möglicherweise von Zeit zu Zeit aktualisiert. Weitere Informationen erhalten Sie auf der Website Sustainable investing framework (fidelityinternational.com).
Es steht zudem im Ermessen des Investmentmanagers, von Zeit zu Zeit erweiterte, strengere Nachhaltigkeitsanforderungen und Ausschlusskriterien anzuwenden.
Worin bestehen die verbindlichen Elemente der Anlagestrategie, die für die Auswahl der Investitionen zur Erfüllung der beworbenen ökologischen oder sozialen Ziele verwendet werden?
Der Teilfonds investiert:
- mindestens 50% seines Vermögens in Emittenten mit guten ESG-Eigenschaften;
- mindestens 2.5% in nachhaltige Anlagen, von denen mindestens 0% ein Umweltziel verfolgen (das sich an der EU-Taxonomie orientiert), mindestens 1% ein Umweltziel (das sich nicht an der EU-Taxonomie orientiert) und mindestens 1% ein Sozialziel.

Darüber hinaus wird der Teilfonds systematisch die oben beschriebenen Ausschlusskriterien anwenden.
Um welchen Mindestsatz wird der Umfang der vor der Anwendung dieser Anlagestrategie in Betracht gezogenen Investitionen reduziert?
Diese Frage ist hier nicht relevant.
Die Verfahrensweisen einer guten
Unternehmensführung umfassen solide Managementstrukturen, die Beziehungen zu den Arbeitnehmern, die Vergütung von Mitarbeitern sowie die Einhaltung der Steuervorschriften.
Wie werden die Verfahrensweisen einer guten Unternehmensführung der Unternehmen, in die investiert wird, bewertet?
Die Governance-Praktiken der Emittenten werden anhand von Fundamentalresearch bewertet, darunter im Rahmen der von externen Agenturen oder Fidelity bereitgestellten ESG-Ratings.
Zu den wichtigsten der analysierten Fragen gehören die Erfolgsbilanz hinsichtlich: Kapitalallokation, finanzieller Transparenz, Transaktionen mit nahestehenden Unternehmen und Personen, Unabhängigkeit und Größe des Vorstands, Vergütung von Führungskräften, Wirtschaftsprüfung und interner Revision, Rechte der Minderheitsaktionäre und anderer Indikatoren. Für staatliche Emittenten werden Faktoren wie Korruption und Meinungsfreiheit einbezogen.
Die Vermögensallokation gibt den jeweiligen Anteil der Investitionen in bestimmte Vermögenswerte an.
Taxonomiekonforme Tätigkeiten, ausgedrückt durch den Anteil der:
- Umsatzerlöse, die den Anteil der Einnahmen aus umweltfreundlichenAktivitäten der Unternehmen, in die investiert wird, widerspiegeln
- Investitionsausgaben (CapEx), die die umweltfreundlichen Investitionen der Unternehmen, in die investiert wird, aufzeigen,z.B. für den Übergang zu einer grünen Wirtschaft- Betriebsausgaben (OpEx), die die umweltfreundlichenbetrieblichen Aktivitäten der Unternehmen, in die investiert wird, widerspiegeln(#1 Ausgerichtet an E/S-Eigenschaften) Der Teilfonds investiert:
- mindestens 50% seines	Vermögens	in	Wertpapieren	von	Emittenten	mit	guten ESG-Eigenschaften;
- mindestens 2.5% seines Vermögens in nachhaltigen (#1A nachhaltig), von denen mindestens 0% ein	ökologisches	Ziel	(das	mit	der	EU-Taxonomie	übereinstimmt), mindestens 1% ein ökologisches Ziel (das nicht mit der EU-Taxonomie übereinstimmt) und mindestens 1% ein Sozialziel haben. Die übrigen nachhaltigen Anlagen des Teilfonds können ein Umwelt- oder Sozialziel verfolgen.

Sonstige Umweltziele 1%
(#1B Sonstige E/S-Eigenschaften) Umfasst Wertpapiere von Emittenten mit guten ESG-Eigenschaften, die aber keine nachhaltigen Anlagen sind.
Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale
50%
#1A Nachhaltige Investitionen 2.5%
#1B Andere ökologische oder soziale Merkmale
Soziales 1%
#2 Andere Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst Investitionen des Finanzprodukts, die zur Erreichung der beworbenen ökologischen oder sozialen Merkmale getätigt wurden.
#2 Andere Investitionen umfasst die übrigen Investitionen des Finanzprodukts, die weder auf ökologische oder soziale Merkmale ausgerichtet sind noch als nachhaltige Investitionen eingestuft werden.
Die Kategorie #1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst folgende Unterkategorien:
Die Unterkategorie #1A Nachhaltige Investitionen umfasst nachhaltige Investitionen mit ökologischen oder sozialen Zielen.
Die Unterkategorie #1B Andere ökologische oder soziale Merkmale umfasst Investitionen, die auf ökologische oder soziale Merkmale ausgerichtet sind, aber nicht als nachhaltige Investitionen eingestuft werden.
Inwiefern werden durch den Einsatz von Derivaten die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht?
Wenn das einem Derivat zugrunde liegende Wertpapier im Einklang mit dem System für nachhaltiges Investieren von Fidelity gute ESG-Eigenschaften aufweist, darf das Derivat zur Feststellung des Teilfondsanteils berücksichtigt werden, der Umwelt- oder Sozialeigenschaften fördert.
In welchem Mindestmaß sind nachhaltige Investitionen mit einem Umweltziel mit der EU-Taxonomie konform?
Der Teilfonds investiert mindestens 0% in nachhaltige Anlagen mit einem Umweltziel, die mit der EU-Taxonomie konform sind.
Die Konformität der Anlagen des Teilfonds mit der EU-Taxonomie wird nicht durch Wirtschaftsprüfer oder mittels einer Überprüfung durch Dritte sichergestellt.
Die Ausrichtung der zugrunde liegenden Anlagen des Teilfonds an der EU-Taxonomie wird anhand des Umsatzes gemessen.
Investiert das Finanzprodukt in Aktivitäten im Zusammenhang mit fossilem Gas und/oder Kernenergie, die der EU-Taxonomie¹ entsprechen?
- JaNein
- In fossiles Gas	In KernenergieWie hoch ist der Mindestanteil der Investitionen in Übergangstätigkeiten und ermöglichende Tätigkeiten?

Der Teilfonds investiert mindestens 0% in Übergangstätigkeiten und ermöglichende Tätigkeiten.
Wie hoch ist der Mindestanteil nachhaltiger Investitionen mit einem Umweltziel, die nicht mit der EU-Taxonomie konform sind?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Umweltziel, das nicht mit der EU-Taxonomie konform ist.
Die Anlagen können zwar mit der EU-Taxonomie konform sein, aber der Investmentmanager ist derzeit nicht in der Lage, den genauen Anteil der Anlagen des Teilfonds anzugeben, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftstätigkeiten berücksichtigen. Die Position wird jedoch weiterhin überprüft, wenn die zugrunde liegenden Regeln festgelegt sind und im Laufe der Zeit mehr zuverlässige Daten zur Verfügung stehen.
¹ Tätigkeiten im Bereich fossiles Gas und/oder Kernenergie sind nur dann EU-taxonomiekonform, wenn sie zur Eindämmung des Klimawandels („Klimaschutz“) beitragen und kein Ziel der EU-Taxonomie erheblich beeinträchtigen – siehe Erläuterung am linken Rand. Die vollständigen Kriterien für EU-taxonomiekonforme Wirtschaftstätigkeiten im Bereich fossiles Gas und Kernenergie sind in der Delegierten Verordnung (EU) 2022/1214 der Kommission festgelegt.
Wie hoch ist der Mindestanteil der sozial nachhaltigen Investitionen?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Sozialziel.
Welche Investitionen fallen unter ,,#2 Andere Investitionen", welcher Anlagezweck wird mit ihnen verfolgt und gibt es einen ökologischen oder sozialen Mindestschutz?
Die verbleibenden Anlagen des Teilfonds erfolgen in Instrumenten, die zum Finanzziel des Teilfonds passen, und für Liquiditätszwecke in liquiden Mitteln und liquiden Mitteln gleichstehenden Mitteln sowie in Derivaten, die als Anlagen und für eine effiziente Portfolioverwaltung eingesetzt werden können.
Zur Gewährleistung eines Mindestmaßes an Umwelt- und Sozialabsicherungen wendet der Teilfonds die Ausschlusskriterien an.

###### Wurde ein Index als Referenzwert bestimmt, um festzustellen, ob dieses Finanzprodukt auf die beworbenen ökologischen und/oder sozialen Merkmale ausgerichtet ist?
Es wird kein bestimmter Index als Referenzbenchmark angegeben, um festzustellen, ob dieses Finanzprodukt zu den geförderten Umwelt- oder Sozialeigenschaften passt.
Bei den Referenzwerten handelt es sich um Indizes, mit denen gemessen wird, ob das Finanzprodukt die beworbenen ökologischen oder sozialen Merkmale erreicht.
Inwiefern ist der Referenzwert kontinuierlich auf die mit dem Finanzprodukt beworbenen ökologischen und sozialen Merkmale ausgerichtet?
Diese Frage ist hier nicht relevant.
Wie wird die kontinuierliche Ausrichtung der Anlagestrategie auf die Indexmethode sichergestellt?
Diese Frage ist hier nicht relevant.
Wie unterscheidet sich der bestimmte Index von einem relevanten breiten Marktindex?
Diese Frage ist hier nicht relevant.
Wo kann die Methode zur Berechnung des bestimmten Indexes eingesehen werden?
Diese Frage ist hier nicht relevant.

###### 	Wo kann ich im Internet weitere produktspezifische Informationen finden?
Weitere produktspezifische Informationen finden Sie auf der Website: https:/www.fidelity.lu/funds/factsheet/LU0261947682/tab-disclosure#SFDR-disclosure. 
Weitere Informationen zu den hier dargelegten Methoden finden Sie auf der Website: System fürnachhaltiges Investieren (fidelityinternational.com).
Vorvertragliche Informationen zu den in Artikel 8 Absätze 1, 2 und 2a der Verordnung (EU) 2019/2088 und Artikel 6 Absatz 1 der Verordnung (EU) 2020/852 genannten Finanzprodukten
Name des Produkts:	Unternehmenskennung (LEI- Code):
Fidelity Funds - Euro Bond Fund	5493001EOTLEJOW4P129

###### Ökologische und/oder soziale Merkmale
| Werden mit diesem Finanzprodukt nachhaltige Investitionen angestrebt? |
| --- |
|  | - Ja
 |  | Nein |
| - Es wird damit ein MindestanteiI an nachhaltigen Investitionen mit einem Umweltziel getätigt:%
	- in Wirtschaftstätigkeiten, die nach derEU-Taxonomie als ökologisch nachhaltig einzustufen sind

- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie nicht als ökologisch nachhaltig einzustufen sind
- Es wird damit ein Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel getätigt:%
 | Es werden damit ökologische/soziale Merkmale beworben und obwohl keine nachhaltigen Investitionen angestrebt werden, enthält es einen Mindestanteil von 2.5% an nachhaltigen Investitionen. - mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie als ökologisch nachhaltig einzustufen sindmit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie nicht als ökologisch nachhaltig einzustufen sindmit einem sozialen Ziel
- Es	werden		damit	ökologische/soziale Merkmale	beworben,		aber	keinenachhaltigen Investitionen getätigt.
 |

Welche ökologischen und/ oder sozialen Merkmale werden mit diesem Finanzprodukt beworben?
Mit Nachhaltigkeitsin- dikatoren wird gemessen, inwieweit die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht werden.
Der Teilfonds fördert Umwelt- und Sozialeigenschaften, indem er in Wertpapiere von Emittenten mit guten ESG-Eigenschaften investiert. Gute ESG-Eigenschaften werden anhand von ESG-Ratings ermittelt. ESG-Ratings berücksichtigen Umwelteigenschaften wie CO2-Intensität, CO2-Emissionen, Energieeffizienz, Wasser- und Abfallmanagement und Biodiversität sowie Sozialeigenschaften wie Produktsicherheit, Lieferkette, Gesundheit und Sicherheit sowie Menschenrechte.
Der Teilfonds ist in gewissem Maße bestrebt, nachhaltige Anlagen zu tätigen.
Es wird keine Referenzbenchmark festgelegt, um die geförderten Umwelt- und Sozialeigenschaften zu erreichen.
einzelnen ökologischen oder sozialen Merkmale, die durch dieses Finanzprodukt beworben werden, herangezogen?
Der Teilfonds verwendet die folgenden Nachhaltigkeitsindikatoren, um die Ausprägung der von ihm geförderten Umwelt- oder Sozialeigenschaften zu messen:
- der  Prozentsatz des Teilfonds, der in Wertpapieren von Emittenten mit guten ESG-Eigenschaften im Einklang mit dem System für nachhaltiges Investieren von Fidelity investiert ist;
- der Prozentsatz des Teilfonds, der in Wertpapiere von Emittenten investiert ist, auf die Ausschlusskriterien (wie unten definiert) zutreffen;
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen investiert ist; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel bei Wirtschaftsaktivitäten investiert ist, die gemäß der EU-Taxonomie als ökologisch nachhaltig gelten; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel investiert ist.

Welches sind die Ziele der nachhaltigen Investitionen, die mit dem
Finanzprodukt teilweise getätigt werden sollen, und wie trägt die nachhaltige Investition zu diesen Zielen bei?
Für den Teilfonds gilt eine Anlage in folgende Emittenten als nachhaltig:
- Emittenten, die wirtschaftliche Tätigkeiten ausüben, die zu einem oder mehreren der in der EU-Taxonomie festgelegten Umweltziele beitragen und gemäß der EU-Taxonomie als ökologisch nachhaltig gelten; oder
- Emittenten, bei denen der Großteil ihrer Geschäftstätigkeit (mehr als 50% des Umsatzes) zu Umwelt- oder Sozialzielen beiträgt, die mit einem oder mehreren der Ziele der Vereinten Nationen für nachhaltige Entwicklung („SDG“) in Einklang stehen; oder
- Emittenten, die ein Dekarbonisierungsziel festgelegt haben, das mit einem Temperaturanstiegsszenario mit 1,5 Grad oder weniger vereinbar ist (überprüft durch die Science Based Target Initiative oder ein Fidelity Proprietary Climate Rating), das als Beitrag zu Umweltzielen angesehen wird;sofern sie keinen wesentlichen Schaden anrichten, Mindestabsicherungen bieten und gute Governance-Kriterien aufweisen.

teilweise getätigt werden sollen, keinem der ökologischen oder sozialen nachhaltigen Anlageziele erheblich schaden?
Nachhaltige Anlagen werden auf ihre Beteiligung an Aktivitäten überprüft, die erheblichen Schaden und Kontroversen verursachen, und durch eine Kontrolle bewertet, ob der Emittent Mindestabsicherungen und -standards hinsichtlich der wichtigsten nachteiligen Auswirkungen (PAI) sowie eine Leistung bei den PAI-Kennzahlen umsetzt bzw. erfüllt. Dazu gehören:
- Normenbasierte Filterkriterien – das Filtern von Wertpapieren, die gemäß den bestehenden (unten beschriebenen) normenbasierten Ausschlusskriterien von Fidelity ermittelt wurden, anhand von:
- aktivitätsbasierten Filterkriterien – das Filtern von Emittenten auf der Grundlage ihrer Beteiligung an Aktivitäten mit erheblichen negativen Auswirkungen auf die Gesellschaft oder die Umwelt, darunter Körperschaften, bei denen aufgrund der Ausschlusskriterien für Kontroversen eine „sehr gravierende“ Kontroverse vorliegt, die im Bereich
- Umwelt,
- Menschenrechte und Gemeinschaften,
- Arbeitnehmerrechte und Lieferkette,
- Kunden,
- Governance angesiedelt ist; und
	- anhand von PAI-Indikatoren – Quantitative Daten (sofern verfügbar) zu PAI-Indikatoren werden verwendet, um zu bewerten, ob ein Emittent an Aktivitäten beteiligt ist, die einem Umwelt- oder Sozialziel erheblichen Schaden zufügen.


Bei den wichtigsten nachteiligen Auswirkungen handelt es sich um die bedeutendsten nachteiligen Auswirkungen von Investitionsentscheidun- gen auf NachhaItigkeitsfaktoren in den Bereichen Umwelt, Soziales und Beschäftigung, Achtung der Menschenrechte und Bekämpfung von Korruption und Bestechung.
Wie wurden die Indikatoren für nachteilige Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Für nachhaltige Anlagen, wie oben beschrieben, führt Fidelity eine quantitative Bewertung durch, um Emittenten mit einer problematischen Leistung bei PAI-Indikatoren zu ermitteln. Emittenten mit einer niedrigen Punktzahl kommen nur dann für „nachhaltige Anlagen“ infrage, wenn die Fundamentalresearch von Fidelity feststellt, dass der Emittent nicht gegen die Anforderungen verstößt, „keinen wesentlichen Schaden anrichtet“ oder sich auf einem Weg befindet, um die nachteiligen Auswirkungen durch effektives Management oder einen Übergang abzumildern.
Wie stehen die nachhaltigen Investitionen mit den OECD-Leitsätzen für multinationale Unternehmen und den Leitprinzipien der Vereinten Nationen für Wirtschaft und
Menschenrechte in Einklang? Nähere Angaben:
Es werden normenbasierte Filterkriterien angewendet: Emittenten, bei denen festgestellt wurde, dass sie sich nicht in einer Weise verhalten, die ihrer grundlegenden Verantwortung in den Bereichen Menschenrechte, Arbeit, Umwelt und Korruptionsbekämpfung im Einklang mit internationalen Normen gerecht wird, darunter denjenigen, die in den OECD-Leitsätzen für multinationale Unternehmen, den Leitprinzipien der Vereinten Nationen für Wirtschaft und Menschenrechte, dem UN Global Compact (UNGC) und den IAO-Standards der Internationalen Arbeitsorganisation (ILO) festgelegt sind, kommen für nachhaltige Investitionen nicht infrage.
In der EU-Taxonomie ist der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" festgelegt, nach dem taxonomiekonforme Investitionen die Ziele der EU-Taxonomie nicht erheblich beeinträchtigen dürfen, und es sind spezifische EU-Kriterien beigefügt. Der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" findet nur bei denjenigen dem Finanzprodukt zugrunde liegenden Investitionen Anwendung, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten berücksichtigen. Die dem verbleibenden Teil dieses  Finanzprodukts zugrunde  liegenden Investitionen berücksichtigen nicht die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten. Alle anderen nachhaltigen Investitionen dürfen ökologische oder soziale Ziele ebenfalls nicht erheblich beeinträchtigen.

###### Werden bei diesem Finanzprodukt die wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Ja
- NeinDie wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren werden mit Hilfe einer Vielzahl von Instrumenten berücksichtigt und in Anlageentscheidungen einbezogen. Hierzu zählen:
- Due Diligence – Analyse, ob die wichtigsten nachteiligen Auswirkungen (PAI) wesentlich und negativ sind.
- ESG-Rating – Fidelity bezieht sich auf ESG-Ratings, die wesentliche nachteilige Auswirkungen wie CO2-Emissionen, Mitarbeitersicherheit, Bestechung und Korruption sowie Wassermanagement berücksichtigen, und bei den von Staaten ausgegebenen Wertpapieren berücksichtigen die verwendeten Ratings wichtige nachteilige Auswirkungen (PAI) wie CO2-Emissionen, Sozialverstöße und die Meinungsfreiheit.
- Ausschlusskriterien – Bei Direktanlagen in Unternehmen als Emittenten wendet der Teilfonds die (unten definierten) Ausschlusskriterien an, um die wichtigsten nachteiligen Auswirkungen abzumildern. Dazu schließt er schädliche Sektoren aus und verbietet Investitionen in Emittenten, die gegen internationale Standards wie den UNGC verstoßen.
- Mitwirkung – Fidelity nutzt Mitwirkung als ein Instrument, um die wichtigsten nachteiligen Auswirkungen besser zu verstehen und sich unter bestimmten Umständen für die Abmilderung der wichtigsten nachteiligen Auswirkungen einzusetzen. Fidelity beteiligt sich an relevanten individuellen und kollaborativen Engagements, die auf eine Reihe von wichtigen negativen Auswirkungen abzielen (z. B. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Abstimmungsverhalten	 –	Die	Abstimmungsrichtlinie		von	Fidelity	legt	explizite Mindeststandards	für	die	Geschlechtervielfalt	in	den	Leitungsorganen		und		für	die Berücksichtigung des Klimawandels durch die Unternehmensemittenten fest. Fidelity kann auch auf eine Weise abstimmen, dass die wichtigsten nachteiligen Auswirkungen abgemildert werden.
- Vierteljährliche Überprüfungen – Überwachung der wichtigsten nachteiligen Auswirkungen (PAI) durch den vierteljährlichen Überprüfungsprozess des Teilfonds.

Wenn es um die Frage geht, ob Investitionen eine wesentliche nachteilige Auswirkung haben, berücksichtigt Fidelity für jeden Nachhaltigkeitsfaktor spezifische Indikatoren. Diese Indikatoren hängen von der Datenverfügbarkeit ab und können sich mit zunehmender Datenqualität und
-verfügbarkeit weiterentwickeln.
Informationen über die wichtigsten nachteiligen Auswirkungen werden im Jahresbericht des Teilfonds zur Verfügung gestellt.
Die Anlagestrategie dient aIs Richtschnur für Investitionsentscheidun- gen, wobei bestimmte Kriterien wie beispielsweise Investitionsziele oder Risikotoleranz
berücksichtigt werden.
Mindestens 50% des Nettovermögens des Teilfonds werden in Wertpapiere investiert, die gute ESG-Eigenschaften aufweisen.
Ob ESG-Eigenschaften gut sind, wird anhand von ESG-Ratings externer Agenturen und von Fidelity ESG-Ratings ermittelt.
In Bezug auf seine Direktanlagen in Unternehmensemittenten berücksichtigt der Teilfonds:
a) eine unternehmensweite Ausschlussliste, die Streumunition und Antipersonenlandminen umfasst; und
- eine normenbasierte Filterung von Emittenten, die nach Ansicht des Investmentmanagers ihre Geschäfte nicht in Übereinstimmung mit internationalen Normen, darunter den im UNGC festgelegten, durchgeführt haben.

Die oben genannten Ausschluss- und Filterkriterien (die „Ausschlusskriterien“) werden möglicherweise von Zeit zu Zeit aktualisiert. Weitere Informationen erhalten Sie auf der Website Sustainable investing framework (fidelityinternational.com).
Es steht zudem im Ermessen des Investmentmanagers, von Zeit zu Zeit erweiterte, strengere Nachhaltigkeitsanforderungen und Ausschlusskriterien anzuwenden.
Worin bestehen die verbindlichen Elemente der Anlagestrategie, die für die Auswahl der Investitionen zur Erfüllung der beworbenen ökologischen oder sozialen Ziele verwendet werden?
Der Teilfonds investiert:
- mindestens 50% seines Vermögens in Emittenten mit guten ESG-Eigenschaften;
- mindestens 2.5% in nachhaltige Anlagen, von denen mindestens 0% ein Umweltziel verfolgen (das sich an der EU-Taxonomie orientiert), mindestens 1% ein Umweltziel (das sich nicht an der EU-Taxonomie orientiert) und mindestens 1% ein Sozialziel.

Darüber hinaus wird der Teilfonds systematisch die oben beschriebenen Ausschlusskriterien anwenden.
Um welchen Mindestsatz wird der Umfang der vor der Anwendung dieser Anlagestrategie in Betracht gezogenen Investitionen reduziert?
Diese Frage ist hier nicht relevant.
Die Verfahrensweisen einer guten
Unternehmensführung umfassen solide Managementstrukturen, die Beziehungen zu den Arbeitnehmern, die Vergütung von Mitarbeitern sowie die Einhaltung der Steuervorschriften.
Wie werden die Verfahrensweisen einer guten Unternehmensführung der Unternehmen, in die investiert wird, bewertet?
Die Governance-Praktiken der Emittenten werden anhand von Fundamentalresearch bewertet, darunter im Rahmen der von externen Agenturen oder Fidelity bereitgestellten ESG-Ratings.
Zu den wichtigsten der analysierten Fragen gehören die Erfolgsbilanz hinsichtlich: Kapitalallokation, finanzieller Transparenz, Transaktionen mit nahestehenden Unternehmen und Personen, Unabhängigkeit und Größe des Vorstands, Vergütung von Führungskräften, Wirtschaftsprüfung und interner Revision, Rechte der Minderheitsaktionäre und anderer Indikatoren. Für staatliche Emittenten werden Faktoren wie Korruption und Meinungsfreiheit einbezogen.
Die Vermögensallokation gibt den jeweiligen Anteil der Investitionen in bestimmte Vermögenswerte an.
Taxonomiekonforme Tätigkeiten, ausgedrückt durch den Anteil der:
- Umsatzerlöse, die den Anteil der Einnahmen aus umweltfreundlichenAktivitäten der Unternehmen, in die investiert wird, widerspiegeln
- Investitionsausgaben (CapEx), die die umweltfreundlichen Investitionen der Unternehmen, in die investiert wird, aufzeigen,z.B. für den Übergang zu einer grünen Wirtschaft- Betriebsausgaben (OpEx), die die umweltfreundlichenbetrieblichen Aktivitäten der Unternehmen, in die investiert wird, widerspiegeln(#1 Ausgerichtet an E/S-Eigenschaften) Der Teilfonds investiert:
- mindestens 50% seines	Vermögens	in	Wertpapieren	von	Emittenten	mit	guten ESG-Eigenschaften;
- mindestens 2.5% seines Vermögens in nachhaltigen (#1A nachhaltig), von denen mindestens 0% ein	ökologisches	Ziel	(das	mit	der	EU-Taxonomie	übereinstimmt), mindestens 1% ein ökologisches Ziel (das nicht mit der EU-Taxonomie übereinstimmt) und mindestens 1% ein Sozialziel haben. Die übrigen nachhaltigen Anlagen des Teilfonds können ein Umwelt- oder Sozialziel verfolgen.

Sonstige Umweltziele 1%
(#1B Sonstige E/S-Eigenschaften) Umfasst Wertpapiere von Emittenten mit guten ESG-Eigenschaften, die aber keine nachhaltigen Anlagen sind.
Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale
50%
#1A Nachhaltige Investitionen 2.5%
#1B Andere ökologische oder soziale Merkmale
Soziales 1%
#2 Andere Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst Investitionen des Finanzprodukts, die zur Erreichung der beworbenen ökologischen oder sozialen Merkmale getätigt wurden.
#2 Andere Investitionen umfasst die übrigen Investitionen des Finanzprodukts, die weder auf ökologische oder soziale Merkmale ausgerichtet sind noch als nachhaltige Investitionen eingestuft werden.
Die Kategorie #1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst folgende Unterkategorien:
Die Unterkategorie #1A Nachhaltige Investitionen umfasst nachhaltige Investitionen mit ökologischen oder sozialen Zielen.
Die Unterkategorie #1B Andere ökologische oder soziale Merkmale umfasst Investitionen, die auf ökologische oder soziale Merkmale ausgerichtet sind, aber nicht als nachhaltige Investitionen eingestuft werden.
Inwiefern werden durch den Einsatz von Derivaten die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht?
Wenn das einem Derivat zugrunde liegende Wertpapier im Einklang mit dem System für nachhaltiges Investieren von Fidelity gute ESG-Eigenschaften aufweist, darf das Derivat zur Feststellung des Teilfondsanteils berücksichtigt werden, der Umwelt- oder Sozialeigenschaften fördert.
In welchem Mindestmaß sind nachhaltige Investitionen mit einem Umweltziel mit der EU-Taxonomie konform?
Der Teilfonds investiert mindestens 0% in nachhaltige Anlagen mit einem Umweltziel, die mit der EU-Taxonomie konform sind.
Die Konformität der Anlagen des Teilfonds mit der EU-Taxonomie wird nicht durch Wirtschaftsprüfer oder mittels einer Überprüfung durch Dritte sichergestellt.
Die Ausrichtung der zugrunde liegenden Anlagen des Teilfonds an der EU-Taxonomie wird anhand des Umsatzes gemessen.
Investiert das Finanzprodukt in Aktivitäten im Zusammenhang mit fossilem Gas und/oder Kernenergie, die der EU-Taxonomie¹ entsprechen?
- JaNein
- In fossiles Gas	In KernenergieWie hoch ist der Mindestanteil der Investitionen in Übergangstätigkeiten und ermöglichende Tätigkeiten?

Der Teilfonds investiert mindestens 0% in Übergangstätigkeiten und ermöglichende Tätigkeiten.
Wie hoch ist der Mindestanteil nachhaltiger Investitionen mit einem Umweltziel, die nicht mit der EU-Taxonomie konform sind?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Umweltziel, das nicht mit der EU-Taxonomie konform ist.
Die Anlagen können zwar mit der EU-Taxonomie konform sein, aber der Investmentmanager ist derzeit nicht in der Lage, den genauen Anteil der Anlagen des Teilfonds anzugeben, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftstätigkeiten berücksichtigen. Die Position wird jedoch weiterhin überprüft, wenn die zugrunde liegenden Regeln festgelegt sind und im Laufe der Zeit mehr zuverlässige Daten zur Verfügung stehen.
¹ Tätigkeiten im Bereich fossiles Gas und/oder Kernenergie sind nur dann EU-taxonomiekonform, wenn sie zur Eindämmung des Klimawandels („Klimaschutz“) beitragen und kein Ziel der EU-Taxonomie erheblich beeinträchtigen – siehe Erläuterung am linken Rand. Die vollständigen Kriterien für EU-taxonomiekonforme Wirtschaftstätigkeiten im Bereich fossiles Gas und Kernenergie sind in der Delegierten Verordnung (EU) 2022/1214 der Kommission festgelegt.
Wie hoch ist der Mindestanteil der sozial nachhaltigen Investitionen?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Sozialziel.
Welche Investitionen fallen unter ,,#2 Andere Investitionen", welcher Anlagezweck wird mit ihnen verfolgt und gibt es einen ökologischen oder sozialen Mindestschutz?
Die verbleibenden Anlagen des Teilfonds erfolgen in Instrumenten, die zum Finanzziel des Teilfonds passen, und für Liquiditätszwecke in liquiden Mitteln und liquiden Mitteln gleichstehenden Mitteln sowie in Derivaten, die als Anlagen und für eine effiziente Portfolioverwaltung eingesetzt werden können.
Zur Gewährleistung eines Mindestmaßes an Umwelt- und Sozialabsicherungen wendet der Teilfonds die Ausschlusskriterien an.

###### Wurde ein Index als Referenzwert bestimmt, um festzustellen, ob dieses Finanzprodukt auf die beworbenen ökologischen und/oder sozialen Merkmale ausgerichtet ist?
Es wird kein bestimmter Index als Referenzbenchmark angegeben, um festzustellen, ob dieses Finanzprodukt zu den geförderten Umwelt- oder Sozialeigenschaften passt.
Bei den Referenzwerten handelt es sich um Indizes, mit denen gemessen wird, ob das Finanzprodukt die beworbenen ökologischen oder sozialen Merkmale erreicht.
Inwiefern ist der Referenzwert kontinuierlich auf die mit dem Finanzprodukt beworbenen ökologischen und sozialen Merkmale ausgerichtet?
Diese Frage ist hier nicht relevant.
Wie wird die kontinuierliche Ausrichtung der Anlagestrategie auf die Indexmethode sichergestellt?
Diese Frage ist hier nicht relevant.
Wie unterscheidet sich der bestimmte Index von einem relevanten breiten Marktindex?
Diese Frage ist hier nicht relevant.
Wo kann die Methode zur Berechnung des bestimmten Indexes eingesehen werden?
Diese Frage ist hier nicht relevant.

###### 	Wo kann ich im Internet weitere produktspezifische Informationen finden?
Weitere produktspezifische Informationen finden Sie auf der Website: https:/www.fidelity.lu/funds/factsheet/LU0251130638/tab-disclosure#SFDR-disclosure. 
Weitere Informationen zu den hier dargelegten Methoden finden Sie auf der Website: System fürnachhaltiges Investieren (fidelityinternational.com).
Vorvertragliche Informationen zu den in Artikel 8 Absätze 1, 2 und 2a der Verordnung (EU) 2019/2088 und Artikel 6 Absatz 1 der Verordnung (EU) 2020/852 genannten Finanzprodukten
Name des Produkts:	Unternehmenskennung (LEI- Code):
Fidelity Funds - Euro Corporate Bond Fund	549300HVFD74DI2L1428

###### Ökologische und/oder soziale Merkmale
| Werden mit diesem Finanzprodukt nachhaltige Investitionen angestrebt? |
| --- |
|  | - Ja
 |  | Nein |
| - Es wird damit ein MindestanteiI an nachhaltigen Investitionen mit einem Umweltziel getätigt:%
	- in Wirtschaftstätigkeiten, die nach derEU-Taxonomie als ökologisch nachhaltig einzustufen sind

- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie nicht als ökologisch nachhaltig einzustufen sind
- Es wird damit ein Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel getätigt:%
 | Es werden damit ökologische/soziale Merkmale beworben und obwohl keine nachhaltigen Investitionen angestrebt werden, enthält es einen Mindestanteil von 5% an nachhaltigen Investitionen. - mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie als ökologisch nachhaltig einzustufen sindmit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie nicht als ökologisch nachhaltig einzustufen sindmit einem sozialen Ziel
- Es	werden		damit	ökologische/soziale Merkmale	beworben,		aber	keinenachhaltigen Investitionen getätigt.
 |

Welche ökologischen und/ oder sozialen Merkmale werden mit diesem Finanzprodukt beworben?
Mit Nachhaltigkeitsin- dikatoren wird gemessen, inwieweit die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht werden.
Der Teilfonds fördert Umwelt- und Sozialeigenschaften, indem er in Wertpapiere von Emittenten mit guten ESG-Eigenschaften investiert. Gute ESG-Eigenschaften werden anhand von ESG-Ratings ermittelt. ESG-Ratings berücksichtigen Umwelteigenschaften wie CO2-Intensität, CO2-Emissionen, Energieeffizienz, Wasser- und Abfallmanagement und Biodiversität sowie Sozialeigenschaften wie Produktsicherheit, Lieferkette, Gesundheit und Sicherheit sowie Menschenrechte.
Der Teilfonds ist in gewissem Maße bestrebt, nachhaltige Anlagen zu tätigen.
Es wird keine Referenzbenchmark festgelegt, um die geförderten Umwelt- und Sozialeigenschaften zu erreichen.
einzelnen ökologischen oder sozialen Merkmale, die durch dieses Finanzprodukt beworben werden, herangezogen?
Der Teilfonds verwendet die folgenden Nachhaltigkeitsindikatoren, um die Ausprägung der von ihm geförderten Umwelt- oder Sozialeigenschaften zu messen:
- der  Prozentsatz des Teilfonds, der in Wertpapieren von Emittenten mit guten ESG-Eigenschaften im Einklang mit dem System für nachhaltiges Investieren von Fidelity investiert ist;
- der Prozentsatz des Teilfonds, der in Wertpapiere von Emittenten investiert ist, auf die Ausschlusskriterien (wie unten definiert) zutreffen;
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen investiert ist; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel bei Wirtschaftsaktivitäten investiert ist, die gemäß der EU-Taxonomie als ökologisch nachhaltig gelten; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel investiert ist.

Welches sind die Ziele der nachhaltigen Investitionen, die mit dem
Finanzprodukt teilweise getätigt werden sollen, und wie trägt die nachhaltige Investition zu diesen Zielen bei?
Für den Teilfonds gilt eine Anlage in folgende Emittenten als nachhaltig:
- Emittenten, die wirtschaftliche Tätigkeiten ausüben, die zu einem oder mehreren der in der EU-Taxonomie festgelegten Umweltziele beitragen und gemäß der EU-Taxonomie als ökologisch nachhaltig gelten; oder
- Emittenten, bei denen der Großteil ihrer Geschäftstätigkeit (mehr als 50% des Umsatzes) zu Umwelt- oder Sozialzielen beiträgt, die mit einem oder mehreren der Ziele der Vereinten Nationen für nachhaltige Entwicklung („SDG“) in Einklang stehen; oder
- Emittenten, die ein Dekarbonisierungsziel festgelegt haben, das mit einem Temperaturanstiegsszenario mit 1,5 Grad oder weniger vereinbar ist (überprüft durch die Science Based Target Initiative oder ein Fidelity Proprietary Climate Rating), das als Beitrag zu Umweltzielen angesehen wird;sofern sie keinen wesentlichen Schaden anrichten, Mindestabsicherungen bieten und gute Governance-Kriterien aufweisen.

teilweise getätigt werden sollen, keinem der ökologischen oder sozialen nachhaltigen Anlageziele erheblich schaden?
Nachhaltige Anlagen werden auf ihre Beteiligung an Aktivitäten überprüft, die erheblichen Schaden und Kontroversen verursachen, und durch eine Kontrolle bewertet, ob der Emittent Mindestabsicherungen und -standards hinsichtlich der wichtigsten nachteiligen Auswirkungen (PAI) sowie die Leistung bei den PAI-Kennzahlen umsetzt bzw. erfüllt. Dazu gehören:
- Normenbasierte Filterkriterien – das Filtern von Wertpapieren, die gemäß den bestehenden (unten beschriebenen) normenbasierten Filterkriterien von Fidelity ermittelt wurden, anhand von:
- aktivitätsbasierten Filterkriterien – das Filtern von Emittenten auf der Grundlage ihrer Beteiligung an Aktivitäten mit erheblichen negativen Auswirkungen auf die Gesellschaft oder die Umwelt, darunter Emittenten, bei denen aufgrund der Filterkriterien für Kontroversen eine„sehr gravierende“ Kontroverse vorliegt, die im Bereich
- Umwelt,
- Menschenrechte und Gemeinschaften,
- Arbeitnehmerrechte und Lieferkette,
- Kunden,
- Governance angesiedelt ist; und anhand von
	- PAI-Indikatoren. Quantitative Daten (sofern verfügbar) zu PAI-Indikatoren werden verwendet, um zu bewerten, ob ein Emittent an Aktivitäten beteiligt ist, die einem Umwelt- oder Sozialziel erheblichen Schaden zufügen.


Bei den wichtigsten nachteiligen Auswirkungen handelt es sich um die bedeutendsten nachteiligen Auswirkungen von Investitionsentscheidun- gen auf NachhaItigkeitsfaktoren in den Bereichen Umwelt, Soziales und Beschäftigung, Achtung der Menschenrechte und Bekämpfung von Korruption und Bestechung.
Wie wurden die Indikatoren für nachteilige Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Für nachhaltige Anlagen, wie oben beschrieben, führt Fidelity eine quantitative Bewertung durch, um Emittenten mit einer problematischen Leistung bei PAI-Indikatoren zu ermitteln. Emittenten mit einer niedrigen Punktzahl kommen nur dann für „nachhaltige Anlagen“ infrage, wenn die Fundamentalresearch von Fidelity feststellt, dass der Emittent nicht gegen die Anforderungen verstößt, „keinen wesentlichen Schaden anrichtet“ oder sich auf einem Weg befindet, um die nachteiligen Auswirkungen durch effektives Management oder einen Übergang abzumildern.
Wie stehen die nachhaltigen Investitionen mit den OECD-Leitsätzen für multinationale Unternehmen und den Leitprinzipien der Vereinten Nationen für Wirtschaft und
Menschenrechte in Einklang? Nähere Angaben:
Es werden normenbasierte Filterkriterien angewendet: Emittenten, bei denen festgestellt wurde, dass sie sich nicht in einer Weise verhalten, die ihrer grundlegenden Verantwortung in den Bereichen Menschenrechte, Arbeit, Umwelt und Korruptionsbekämpfung im Einklang mit internationalen Normen gerecht wird, darunter denjenigen, die in den OECD-Leitsätzen für multinationale Unternehmen, den Leitprinzipien der Vereinten Nationen für Wirtschaft und Menschenrechte, dem UN Global Compact (UNGC) und den IAO-Standards der Internationalen Arbeitsorganisation (ILO) festgelegt sind, kommen für nachhaltige Investitionen nicht infrage.
In der EU-Taxonomie ist der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" festgelegt, nach dem taxonomiekonforme Investitionen die Ziele der EU-Taxonomie nicht erheblich beeinträchtigen dürfen, und es sind spezifische EU-Kriterien beigefügt. Der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" findet nur bei denjenigen dem Finanzprodukt zugrunde liegenden Investitionen Anwendung, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten berücksichtigen. Die dem verbleibenden Teil dieses  Finanzprodukts zugrunde  liegenden Investitionen berücksichtigen nicht die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten. Alle anderen nachhaltigen Investitionen dürfen ökologische oder soziale Ziele ebenfalls nicht erheblich beeinträchtigen.

###### Werden bei diesem Finanzprodukt die wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Ja
- NeinDie wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren werden mit Hilfe einer Vielzahl von Instrumenten berücksichtigt und in Anlageentscheidungen einbezogen. Hierzu zählen:
- Due Diligence – Analyse, ob die wichtigsten nachteiligen Auswirkungen (PAI) wesentlich und negativ sind.
- ESG-Rating – Fidelity bezieht sich auf ESG-Ratings, die wesentliche nachteilige Auswirkungen wie CO2-Emissionen, Mitarbeitersicherheit, Bestechung und Korruption sowie Wassermanagement berücksichtigen, und bei den von Staaten ausgegebenen Wertpapieren berücksichtigen die verwendeten Ratings wichtige nachteilige Auswirkungen (PAI) wie CO2-Emissionen, Sozialverstöße und die Meinungsfreiheit.
- Ausschlusskriterien – Bei Direktanlagen in Unternehmen als Emittenten wendet der Teilfonds die (unten definierten) Ausschlusskriterien an, um die wichtigsten nachteiligen Auswirkungen abzumildern. Dazu schließt er schädliche Sektoren aus und verbietet Investitionen in Emittenten, die gegen internationale Standards wie den UNGC verstoßen.
- Mitwirkung – Fidelity nutzt Mitwirkung als ein Instrument, um die wichtigsten nachteiligen Auswirkungen besser zu verstehen und sich unter bestimmten Umständen für die Abmilderung der wichtigsten nachteiligen Auswirkungen einzusetzen. Fidelity beteiligt sich an relevanten individuellen und kollaborativen Arten der Mitwirkung, die auf eine Reihe von wichtigen negativen Auswirkungen abzielen (z. B. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Abstimmungsverhalten – Die Abstimmungspolitik von Fidelity umfasst bei Unternehmen als Emittenten explizite Mindeststandards für die Geschlechtervielfalt im Aufsichtsrat und die Auseinandersetzung mit dem Klimawandel. Fidelity kann auch auf eine Weise abstimmen, dass die wichtigsten nachteiligen Auswirkungen abgemildert werden.
- Vierteljährliche Überprüfungen – Überwachung der wichtigsten nachteiligen Auswirkungen (PAI) durch den vierteljährlichen Überprüfungsprozess des Teilfonds.

Wenn es um die Frage geht, ob Investitionen eine wesentliche nachteilige Auswirkung haben, berücksichtigt Fidelity für jeden Nachhaltigkeitsfaktor spezifische Indikatoren. Diese Indikatoren hängen von der Datenverfügbarkeit ab und können sich mit zunehmender Datenqualität und
-verfügbarkeit weiterentwickeln.
Informationen über die wichtigsten nachteiligen Auswirkungen werden im Jahresbericht des Teilfonds zur Verfügung gestellt.
Die Anlagestrategie dient aIs Richtschnur für Investitionsentscheidun- gen, wobei bestimmte Kriterien wie beispielsweise Investitionsziele oder Risikotoleranz
berücksichtigt werden.
Mindestens 50% des Nettovermögens des Teilfonds werden in Wertpapiere investiert, die gute ESG-Eigenschaften aufweisen.
Ob ESG-Eigenschaften gut sind, wird anhand von ESG-Ratings externer Agenturen und von Fidelity ESG-Ratings ermittelt.
In Bezug auf seine Direktanlagen in Unternehmensemittenten berücksichtigt der Teilfonds:
a) eine unternehmensweite Ausschlussliste, die Streumunition und Antipersonenlandminen umfasst; und
- eine normenbasierte Filterung von Emittenten, die nach Ansicht des Investmentmanagers ihre Geschäfte nicht in Übereinstimmung mit internationalen Normen, darunter den im UNGC festgelegten, durchgeführt haben.

Die oben genannten Ausschluss- und Filterkriterien (die „Ausschlusskriterien“) werden möglicherweise von Zeit zu Zeit aktualisiert. Weitere Informationen erhalten Sie auf der Website Sustainable investing framework (fidelityinternational.com).
Es steht zudem im Ermessen des Investmentmanagers, von Zeit zu Zeit erweiterte, strengere Nachhaltigkeitsanforderungen und Ausschlusskriterien anzuwenden.
Worin bestehen die verbindlichen Elemente der Anlagestrategie, die für die Auswahl der Investitionen zur Erfüllung der beworbenen ökologischen oder sozialen Ziele verwendet werden?
Der Teilfonds investiert:
- mindestens 50% seines Vermögens in Emittenten mit guten ESG-Eigenschaften;
- mindestens 5% in nachhaltige Anlagen, von denen mindestens 0% ein Umweltziel verfolgen (das sich an der EU-Taxonomie orientiert), mindestens 1% ein Umweltziel (das sich nicht an der EU-Taxonomie orientiert) und mindestens 1% ein Sozialziel.

Darüber hinaus wird der Teilfonds systematisch die oben beschriebenen Ausschlusskriterien anwenden.
Um welchen Mindestsatz wird der Umfang der vor der Anwendung dieser Anlagestrategie in Betracht gezogenen Investitionen reduziert?
Diese Frage ist hier nicht relevant.
Die Verfahrensweisen einer guten
Unternehmensführung umfassen solide Managementstrukturen, die Beziehungen zu den Arbeitnehmern, die Vergütung von Mitarbeitern sowie die Einhaltung der Steuervorschriften.
Wie werden die Verfahrensweisen einer guten Unternehmensführung der Unternehmen, in die investiert wird, bewertet?
Die Governance-Praktiken der Emittenten werden anhand von Fundamentalresearch bewertet, darunter im Rahmen der von externen Agenturen oder Fidelity bereitgestellten ESG-Ratings.
Zu den wichtigsten der analysierten Fragen gehören die Erfolgsbilanz hinsichtlich: Kapitalallokation, finanzieller Transparenz, Transaktionen mit nahestehenden Unternehmen und Personen, Unabhängigkeit und Größe des Vorstands, Vergütung von Führungskräften, Wirtschaftsprüfung und interner Revision, Rechte der Minderheitsaktionäre und anderer Indikatoren. Für staatliche Emittenten werden Faktoren wie Korruption und Meinungsfreiheit einbezogen.
Die Vermögensallokation gibt den jeweiligen Anteil der Investitionen in bestimmte Vermögenswerte an.
Taxonomiekonforme Tätigkeiten, ausgedrückt durch den Anteil der:
- Umsatzerlöse, die den Anteil der Einnahmen aus umweltfreundlichenAktivitäten der Unternehmen, in die investiert wird, widerspiegeln
- Investitionsausgaben (CapEx), die die umweltfreundlichen Investitionen der Unternehmen, in die investiert wird, aufzeigen,z.B. für den Übergang zu einer grünen Wirtschaft- Betriebsausgaben (OpEx), die die umweltfreundlichenbetrieblichen Aktivitäten der Unternehmen, in die investiert wird, widerspiegeln(#1 Ausgerichtet an E/S-Eigenschaften) Der Teilfonds investiert:
- mindestens 50% seines	Vermögens	in	Wertpapieren	von	Emittenten	mit	guten ESG-Eigenschaften;
- mindestens 5% seines Vermögens in nachhaltigen (#1A nachhaltig), von denen mindestens 0% ein	ökologisches	Ziel	(das	mit	der	EU-Taxonomie	übereinstimmt), mindestens 1% ein ökologisches Ziel (das nicht mit der EU-Taxonomie übereinstimmt) und mindestens 1% ein Sozialziel haben. Die übrigen nachhaltigen Anlagen des Teilfonds können ein Umwelt- oder Sozialziel verfolgen.

Sonstige Umweltziele 1%
(#1B Sonstige E/S-Eigenschaften) Umfasst Wertpapiere von Emittenten mit guten ESG-Eigenschaften, die aber keine nachhaltigen Anlagen sind.
Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale
50%
#1A Nachhaltige Investitionen
5%
#1B Andere ökologische oder soziale Merkmale
Soziales 1%
#2 Andere Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst Investitionen des Finanzprodukts, die zur Erreichung der beworbenen ökologischen oder sozialen Merkmale getätigt wurden.
#2 Andere Investitionen umfasst die übrigen Investitionen des Finanzprodukts, die weder auf ökologische oder soziale Merkmale ausgerichtet sind noch als nachhaltige Investitionen eingestuft werden.
Die Kategorie #1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst folgende Unterkategorien:
Die Unterkategorie #1A Nachhaltige Investitionen umfasst nachhaltige Investitionen mit ökologischen oder sozialen Zielen.
Die Unterkategorie #1B Andere ökologische oder soziale Merkmale umfasst Investitionen, die auf ökologische oder soziale Merkmale ausgerichtet sind, aber nicht als nachhaltige Investitionen eingestuft werden.
Inwiefern werden durch den Einsatz von Derivaten die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht?
Wenn das einem Derivat zugrunde liegende Wertpapier im Einklang mit dem System für nachhaltiges Investieren von Fidelity gute ESG-Eigenschaften aufweist, darf das Derivat zur Feststellung des Teilfondsanteils berücksichtigt werden, der Umwelt- oder Sozialeigenschaften fördert.
In welchem Mindestmaß sind nachhaltige Investitionen mit einem Umweltziel mit der EU-Taxonomie konform?
Der Teilfonds investiert mindestens 0% in nachhaltige Anlagen mit einem Umweltziel, die mit der EU-Taxonomie konform sind.
Die Konformität der Anlagen des Teilfonds mit der EU-Taxonomie wird nicht durch Wirtschaftsprüfer oder mittels einer Überprüfung durch Dritte sichergestellt.
Die Ausrichtung der zugrunde liegenden Anlagen des Teilfonds an der EU-Taxonomie wird anhand des Umsatzes gemessen.
Investiert das Finanzprodukt in Aktivitäten im Zusammenhang mit fossilem Gas und/oder Kernenergie, die der EU-Taxonomie¹ entsprechen?
- JaNein
- In fossiles Gas	In KernenergieWie hoch ist der Mindestanteil der Investitionen in Übergangstätigkeiten und ermöglichende Tätigkeiten?

Der Teilfonds investiert mindestens 0% in Übergangstätigkeiten und ermöglichende Tätigkeiten.
Wie hoch ist der Mindestanteil nachhaltiger Investitionen mit einem Umweltziel, die nicht mit der EU-Taxonomie konform sind?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Umweltziel, das nicht mit der EU-Taxonomie konform ist.
Die Anlagen können zwar mit der EU-Taxonomie konform sein, aber der Investmentmanager ist derzeit nicht in der Lage, den genauen Anteil der Anlagen des Teilfonds anzugeben, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftstätigkeiten berücksichtigen. Die Position wird jedoch weiterhin überprüft, wenn die zugrunde liegenden Regeln festgelegt sind und im Laufe der Zeit mehr zuverlässige Daten zur Verfügung stehen.
¹ Tätigkeiten im Bereich fossiles Gas und/oder Kernenergie sind nur dann EU-taxonomiekonform, wenn sie zur Eindämmung des Klimawandels („Klimaschutz“) beitragen und kein Ziel der EU-Taxonomie erheblich beeinträchtigen – siehe Erläuterung am linken Rand. Die vollständigen Kriterien für EU-taxonomiekonforme Wirtschaftstätigkeiten im Bereich fossiles Gas und Kernenergie sind in der Delegierten Verordnung (EU) 2022/1214 der Kommission festgelegt.
Wie hoch ist der Mindestanteil der sozial nachhaltigen Investitionen?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Sozialziel.
Welche Investitionen fallen unter ,,#2 Andere Investitionen", welcher Anlagezweck wird mit ihnen verfolgt und gibt es einen ökologischen oder sozialen Mindestschutz?
Die verbleibenden Anlagen des Teilfonds erfolgen in Instrumenten, die zum Finanzziel des Teilfonds passen, und für Liquiditätszwecke in liquiden Mitteln und liquiden Mitteln gleichstehenden Mitteln sowie in Derivaten, die als Anlagen und für eine effiziente Portfolioverwaltung eingesetzt werden können.
Zur Gewährleistung eines Mindestmaßes an Umwelt- und Sozialabsicherungen wendet der Teilfonds die Ausschlusskriterien an.

###### Wurde ein Index als Referenzwert bestimmt, um festzustellen, ob dieses Finanzprodukt auf die beworbenen ökologischen und/oder sozialen Merkmale ausgerichtet ist?
Es wird kein bestimmter Index als Referenzbenchmark angegeben, um festzustellen, ob dieses Finanzprodukt zu den geförderten Umwelt- oder Sozialeigenschaften passt.
Bei den Referenzwerten handelt es sich um Indizes, mit denen gemessen wird, ob das Finanzprodukt die beworbenen ökologischen oder sozialen Merkmale erreicht.
Inwiefern ist der Referenzwert kontinuierlich auf die mit dem Finanzprodukt beworbenen ökologischen und sozialen Merkmale ausgerichtet?
Diese Frage ist hier nicht relevant.
Wie wird die kontinuierliche Ausrichtung der Anlagestrategie auf die Indexmethode sichergestellt?
Diese Frage ist hier nicht relevant.
Wie unterscheidet sich der bestimmte Index von einem relevanten breiten Marktindex?
Diese Frage ist hier nicht relevant.
Wo kann die Methode zur Berechnung des bestimmten Indexes eingesehen werden?
Diese Frage ist hier nicht relevant.

###### 	Wo kann ich im Internet weitere produktspezifische Informationen finden?
Weitere produktspezifische Informationen finden Sie auf der Website: https:/www.fidelity.lu/funds/factsheet/LU0370787193/tab-disclosure#SFDR-disclosure. 
Weitere Informationen zu den hier dargelegten Methoden finden Sie auf der Website: System fürnachhaltiges Investieren (fidelityinternational.com).
Vorvertragliche Informationen zu den in Artikel 8 Absätze 1, 2 und 2a der Verordnung (EU) 2019/2088 und Artikel 6 Absatz 1 der Verordnung (EU) 2020/852 genannten Finanzprodukten
Name des Produkts:	Unternehmenskennung (LEI- Code):
Fidelity Funds - European High Yield Fund	QRZDLZXRZFWQ9BAHI598

###### Ökologische und/oder soziale Merkmale
| Werden mit diesem Finanzprodukt nachhaltige Investitionen angestrebt? |
| --- |
|  | - Ja
 |  | Nein |
| - Es wird damit ein MindestanteiI an nachhaltigen Investitionen mit einem Umweltziel getätigt:%
	- in Wirtschaftstätigkeiten, die nach derEU-Taxonomie als ökologisch nachhaltig einzustufen sind

- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie nicht als ökologisch nachhaltig einzustufen sind
- Es wird damit ein Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel getätigt:%
 | Es werden damit ökologische/soziale Merkmale beworben und obwohl keine nachhaltigen Investitionen angestrebt werden, enthält es einen Mindestanteil von 2.5% an nachhaltigen Investitionen. - mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie als ökologisch nachhaltig einzustufen sindmit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie nicht als ökologisch nachhaltig einzustufen sindmit einem sozialen Ziel
- Es	werden		damit	ökologische/soziale Merkmale	beworben,		aber	keinenachhaltigen Investitionen getätigt.
 |

Welche ökologischen und/ oder sozialen Merkmale werden mit diesem Finanzprodukt beworben?
Mit Nachhaltigkeitsin- dikatoren wird gemessen, inwieweit die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht werden.
Der Teilfonds fördert Umwelt- und Sozialeigenschaften, indem er in Wertpapiere von Emittenten mit guten ESG-Eigenschaften investiert. Gute ESG-Eigenschaften werden anhand von ESG-Ratings ermittelt. ESG-Ratings berücksichtigen Umwelteigenschaften wie CO2-Intensität, CO2-Emissionen, Energieeffizienz, Wasser- und Abfallmanagement und Biodiversität sowie Sozialeigenschaften wie Produktsicherheit, Lieferkette, Gesundheit und Sicherheit sowie Menschenrechte.
Der Teilfonds ist in gewissem Maße bestrebt, nachhaltige Anlagen zu tätigen.
Es wird keine Referenzbenchmark festgelegt, um die geförderten Umwelt- und Sozialeigenschaften zu erreichen.
einzelnen ökologischen oder sozialen Merkmale, die durch dieses Finanzprodukt beworben werden, herangezogen?
Der Teilfonds verwendet die folgenden Nachhaltigkeitsindikatoren, um die Ausprägung der von ihm geförderten Umwelt- oder Sozialeigenschaften zu messen:
- der  Prozentsatz des Teilfonds, der in Wertpapieren von Emittenten mit guten ESG-Eigenschaften im Einklang mit dem System für nachhaltiges Investieren von Fidelity investiert ist;
- der Prozentsatz des Teilfonds, der in Wertpapiere von Emittenten investiert ist, auf die Ausschlusskriterien (wie unten definiert) zutreffen;
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen investiert ist; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel bei Wirtschaftsaktivitäten investiert ist, die gemäß der EU-Taxonomie als ökologisch nachhaltig gelten; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel investiert ist.

Welches sind die Ziele der nachhaltigen Investitionen, die mit dem
Finanzprodukt teilweise getätigt werden sollen, und wie trägt die nachhaltige Investition zu diesen Zielen bei?
Für den Teilfonds gilt eine Anlage in folgende Emittenten als nachhaltig:
- Emittenten, die wirtschaftliche Tätigkeiten ausüben, die zu einem oder mehreren der in der EU-Taxonomie festgelegten Umweltziele beitragen und gemäß der EU-Taxonomie als ökologisch nachhaltig gelten; oder
- Emittenten, bei denen der Großteil ihrer Geschäftstätigkeit (mehr als 50% des Umsatzes) zu Umwelt- oder Sozialzielen beiträgt, die mit einem oder mehreren der Ziele der Vereinten Nationen für nachhaltige Entwicklung („SDG“) in Einklang stehen; oder
- Emittenten, die ein Dekarbonisierungsziel festgelegt haben, das mit einem Temperaturanstiegsszenario mit 1,5 Grad oder weniger vereinbar ist (überprüft durch die Science Based Target Initiative oder ein Fidelity Proprietary Climate Rating), das als Beitrag zu Umweltzielen angesehen wird;sofern sie keinen wesentlichen Schaden anrichten, Mindestabsicherungen bieten und gute Governance-Kriterien aufweisen.

teilweise getätigt werden sollen, keinem der ökologischen oder sozialen nachhaltigen Anlageziele erheblich schaden?
Nachhaltige Anlagen werden auf ihre Beteiligung an Aktivitäten überprüft, die erheblichen Schaden und Kontroversen verursachen, und durch eine Kontrolle bewertet, ob der Emittent Mindestabsicherungen und -standards hinsichtlich der wichtigsten nachteiligen Auswirkungen (PAI) sowie die Leistung bei den PAI-Kennzahlen umsetzt bzw. erfüllt. Dazu gehören:
- Normenbasierte Filterkriterien – das Filtern von Wertpapieren, die gemäß den bestehenden (unten beschriebenen) normenbasierten Filterkriterien von Fidelity ermittelt wurden, anhand von:
- aktivitätsbasierten Filterkriterien – das Filtern von Emittenten auf der Grundlage ihrer Beteiligung an Aktivitäten mit erheblichen negativen Auswirkungen auf die Gesellschaft oder die Umwelt, darunter Emittenten, bei denen aufgrund der Filterkriterien für Kontroversen eine„sehr gravierende“ Kontroverse vorliegt, die im Bereich
- Umwelt,
- Menschenrechte und Gemeinschaften,
- Arbeitnehmerrechte und Lieferkette,
- Kunden,
- Governance angesiedelt ist; und anhand von
	- PAI-Indikatoren. Quantitative Daten (sofern verfügbar) zu PAI-Indikatoren werden verwendet, um zu bewerten, ob ein Emittent an Aktivitäten beteiligt ist, die einem Umwelt- oder Sozialziel erheblichen Schaden zufügen.


Bei den wichtigsten nachteiligen Auswirkungen handelt es sich um die bedeutendsten nachteiligen Auswirkungen von Investitionsentscheidun- gen auf NachhaItigkeitsfaktoren in den Bereichen Umwelt, Soziales und Beschäftigung, Achtung der Menschenrechte und Bekämpfung von Korruption und Bestechung.
Wie wurden die Indikatoren für nachteilige Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Für nachhaltige Anlagen, wie oben beschrieben, führt Fidelity eine quantitative Bewertung durch, um Emittenten mit einer problematischen Leistung bei PAI-Indikatoren zu ermitteln. Emittenten mit einer niedrigen Punktzahl kommen nur dann für „nachhaltige Anlagen“ infrage, wenn die Fundamentalresearch von Fidelity feststellt, dass der Emittent nicht gegen die Anforderungen verstößt, „keinen wesentlichen Schaden anrichtet“ oder sich auf einem Weg befindet, um die nachteiligen Auswirkungen durch effektives Management oder einen Übergang abzumildern.
Wie stehen die nachhaltigen Investitionen mit den OECD-Leitsätzen für multinationale Unternehmen und den Leitprinzipien der Vereinten Nationen für Wirtschaft und
Menschenrechte in Einklang? Nähere Angaben:
Es werden normenbasierte Filterkriterien angewendet: Emittenten, bei denen festgestellt wurde, dass sie sich nicht in einer Weise verhalten, die ihrer grundlegenden Verantwortung in den Bereichen Menschenrechte, Arbeit, Umwelt und Korruptionsbekämpfung im Einklang mit internationalen Normen gerecht wird, darunter denjenigen, die in den OECD-Leitsätzen für multinationale Unternehmen, den Leitprinzipien der Vereinten Nationen für Wirtschaft und Menschenrechte, dem UN Global Compact (UNGC) und den IAO-Standards der Internationalen Arbeitsorganisation (ILO) festgelegt sind, kommen für nachhaltige Investitionen nicht infrage.
In der EU-Taxonomie ist der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" festgelegt, nach dem taxonomiekonforme Investitionen die Ziele der EU-Taxonomie nicht erheblich beeinträchtigen dürfen, und es sind spezifische EU-Kriterien beigefügt. Der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" findet nur bei denjenigen dem Finanzprodukt zugrunde liegenden Investitionen Anwendung, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten berücksichtigen. Die dem verbleibenden Teil dieses  Finanzprodukts zugrunde  liegenden Investitionen berücksichtigen nicht die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten. Alle anderen nachhaltigen Investitionen dürfen ökologische oder soziale Ziele ebenfalls nicht erheblich beeinträchtigen.

###### Werden bei diesem Finanzprodukt die wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Ja
- NeinDie wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren werden mit Hilfe einer Vielzahl von Instrumenten berücksichtigt und in Anlageentscheidungen einbezogen. Hierzu zählen:
- Due Diligence – Analyse, ob die wichtigsten nachteiligen Auswirkungen (PAI) wesentlich und negativ sind.
- ESG-Rating – Fidelity bezieht sich auf ESG-Ratings, die wesentliche nachteilige Auswirkungen wie CO2-Emissionen, Mitarbeitersicherheit, Bestechung und Korruption sowie Wassermanagement berücksichtigen, und bei den von Staaten ausgegebenen Wertpapieren berücksichtigen die verwendeten Ratings wichtige nachteilige Auswirkungen (PAI) wie CO2-Emissionen, Sozialverstöße und die Meinungsfreiheit.
- Ausschlusskriterien – Bei Direktanlagen in Unternehmen als Emittenten wendet der Teilfonds die (unten definierten) Ausschlusskriterien an, um die wichtigsten nachteiligen Auswirkungen abzumildern. Dazu schließt er schädliche Sektoren aus und verbietet Investitionen in Emittenten, die gegen internationale Standards wie den UNGC verstoßen.
- Mitwirkung – Fidelity nutzt Mitwirkung als ein Instrument, um die wichtigsten nachteiligen Auswirkungen besser zu verstehen und sich unter bestimmten Umständen für die Abmilderung der wichtigsten nachteiligen Auswirkungen einzusetzen. Fidelity beteiligt sich an relevanten individuellen und kollaborativen Arten der Mitwirkung, die auf eine Reihe von wichtigen negativen Auswirkungen abzielen (z. B. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Abstimmungsverhalten – Die Abstimmungspolitik von Fidelity umfasst bei Unternehmen als Emittenten explizite Mindeststandards für die Geschlechtervielfalt im Aufsichtsrat und die Auseinandersetzung mit dem Klimawandel. Fidelity kann auch auf eine Weise abstimmen, dass die wichtigsten nachteiligen Auswirkungen abgemildert werden.
- Vierteljährliche Überprüfungen – Überwachung der wichtigsten nachteiligen Auswirkungen (PAI) durch den vierteljährlichen Überprüfungsprozess des Teilfonds.

Wenn es um die Frage geht, ob Investitionen eine wesentliche nachteilige Auswirkung haben, berücksichtigt Fidelity für jeden Nachhaltigkeitsfaktor spezifische Indikatoren. Diese Indikatoren hängen von der Datenverfügbarkeit ab und können sich mit zunehmender Datenqualität und
-verfügbarkeit weiterentwickeln.
Informationen über die wichtigsten nachteiligen Auswirkungen werden im Jahresbericht des Teilfonds zur Verfügung gestellt.
Die Anlagestrategie dient aIs Richtschnur für Investitionsentscheidun- gen, wobei bestimmte Kriterien wie beispielsweise Investitionsziele oder Risikotoleranz
berücksichtigt werden.
Mindestens 50% des Nettovermögens des Teilfonds werden in Wertpapiere investiert, die gute ESG-Eigenschaften aufweisen.
Ob ESG-Eigenschaften gut sind, wird anhand von ESG-Ratings externer Agenturen und von Fidelity ESG-Ratings ermittelt.
In Bezug auf seine Direktanlagen in Unternehmensemittenten berücksichtigt der Teilfonds:
a) eine unternehmensweite Ausschlussliste, die Streumunition und Antipersonenlandminen umfasst; und
- eine normenbasierte Filterung von Emittenten, die nach Ansicht des Investmentmanagers ihre Geschäfte nicht in Übereinstimmung mit internationalen Normen, darunter den im UNGC festgelegten, durchgeführt haben.

Die oben genannten Ausschluss- und Filterkriterien (die „Ausschlusskriterien“) werden möglicherweise von Zeit zu Zeit aktualisiert. Weitere Informationen erhalten Sie auf der Website Sustainable investing framework (fidelityinternational.com).
Es steht zudem im Ermessen des Investmentmanagers, von Zeit zu Zeit erweiterte, strengere Nachhaltigkeitsanforderungen und Ausschlusskriterien anzuwenden.
Worin bestehen die verbindlichen Elemente der Anlagestrategie, die für die Auswahl der Investitionen zur Erfüllung der beworbenen ökologischen oder sozialen Ziele verwendet werden?
Der Teilfonds investiert:
- mindestens 50% seines Vermögens in Emittenten mit guten ESG-Eigenschaften;
- mindestens 2.5% in nachhaltige Anlagen, von denen mindestens 0% ein Umweltziel verfolgen (das sich an der EU-Taxonomie orientiert), mindestens 1% ein Umweltziel (das sich nicht an der EU-Taxonomie orientiert) und mindestens 1% ein Sozialziel.

Darüber hinaus wird der Teilfonds systematisch die oben beschriebenen Ausschlusskriterien anwenden.
Um welchen Mindestsatz wird der Umfang der vor der Anwendung dieser Anlagestrategie in Betracht gezogenen Investitionen reduziert?
Diese Frage ist hier nicht relevant.
Die Verfahrensweisen einer guten
Unternehmensführung umfassen solide Managementstrukturen, die Beziehungen zu den Arbeitnehmern, die Vergütung von Mitarbeitern sowie die Einhaltung der Steuervorschriften.
Wie werden die Verfahrensweisen einer guten Unternehmensführung der Unternehmen, in die investiert wird, bewertet?
Die Governance-Praktiken der Emittenten werden anhand von Fundamentalresearch bewertet, darunter im Rahmen der von externen Agenturen oder Fidelity bereitgestellten ESG-Ratings.
Zu den wichtigsten der analysierten Fragen gehören die Erfolgsbilanz hinsichtlich: Kapitalallokation, finanzieller Transparenz, Transaktionen mit nahestehenden Unternehmen und Personen, Unabhängigkeit und Größe des Vorstands, Vergütung von Führungskräften, Wirtschaftsprüfung und interner Revision, Rechte der Minderheitsaktionäre und anderer Indikatoren. Für staatliche Emittenten werden Faktoren wie Korruption und Meinungsfreiheit einbezogen.
Die Vermögensallokation gibt den jeweiligen Anteil der Investitionen in bestimmte Vermögenswerte an.
Taxonomiekonforme Tätigkeiten, ausgedrückt durch den Anteil der:
- Umsatzerlöse, die den Anteil der Einnahmen aus umweltfreundlichenAktivitäten der Unternehmen, in die investiert wird, widerspiegeln
- Investitionsausgaben (CapEx), die die umweltfreundlichen Investitionen der Unternehmen, in die investiert wird, aufzeigen,z.B. für den Übergang zu einer grünen Wirtschaft- Betriebsausgaben (OpEx), die die umweltfreundlichenbetrieblichen Aktivitäten der Unternehmen, in die investiert wird, widerspiegeln(#1 Ausgerichtet an E/S-Eigenschaften) Der Teilfonds investiert:
- mindestens 50% seines	Vermögens	in	Wertpapieren	von	Emittenten	mit	guten ESG-Eigenschaften;
- mindestens 2.5% seines Vermögens in nachhaltigen (#1A nachhaltig), von denen mindestens 0% ein	ökologisches	Ziel	(das	mit	der	EU-Taxonomie	übereinstimmt), mindestens 1% ein ökologisches Ziel (das nicht mit der EU-Taxonomie übereinstimmt) und mindestens 1% ein Sozialziel haben. Die übrigen nachhaltigen Anlagen des Teilfonds können ein Umwelt- oder Sozialziel verfolgen.

Sonstige Umweltziele 1%
(#1B Sonstige E/S-Eigenschaften) Umfasst Wertpapiere von Emittenten mit guten ESG-Eigenschaften, die aber keine nachhaltigen Anlagen sind.
Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale
50%
#1A Nachhaltige Investitionen 2.5%
#1B Andere ökologische oder soziale Merkmale
Soziales 1%
#2 Andere Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst Investitionen des Finanzprodukts, die zur Erreichung der beworbenen ökologischen oder sozialen Merkmale getätigt wurden.
#2 Andere Investitionen umfasst die übrigen Investitionen des Finanzprodukts, die weder auf ökologische oder soziale Merkmale ausgerichtet sind noch als nachhaltige Investitionen eingestuft werden.
Die Kategorie #1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst folgende Unterkategorien:
Die Unterkategorie #1A Nachhaltige Investitionen umfasst nachhaltige Investitionen mit ökologischen oder sozialen Zielen.
Die Unterkategorie #1B Andere ökologische oder soziale Merkmale umfasst Investitionen, die auf ökologische oder soziale Merkmale ausgerichtet sind, aber nicht als nachhaltige Investitionen eingestuft werden.
Inwiefern werden durch den Einsatz von Derivaten die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht?
Wenn das einem Derivat zugrunde liegende Wertpapier im Einklang mit dem System für nachhaltiges Investieren von Fidelity gute ESG-Eigenschaften aufweist, darf das Derivat zur Feststellung des Teilfondsanteils berücksichtigt werden, der Umwelt- oder Sozialeigenschaften fördert.
In welchem Mindestmaß sind nachhaltige Investitionen mit einem Umweltziel mit der EU-Taxonomie konform?
Der Teilfonds investiert mindestens 0% in nachhaltige Anlagen mit einem Umweltziel, die mit der EU-Taxonomie konform sind.
Die Konformität der Anlagen des Teilfonds mit der EU-Taxonomie wird nicht durch Wirtschaftsprüfer oder mittels einer Überprüfung durch Dritte sichergestellt.
Die Ausrichtung der zugrunde liegenden Anlagen des Teilfonds an der EU-Taxonomie wird anhand des Umsatzes gemessen.
Investiert das Finanzprodukt in Aktivitäten im Zusammenhang mit fossilem Gas und/oder Kernenergie, die der EU-Taxonomie¹ entsprechen?
- JaNein
- In fossiles Gas	In KernenergieWie hoch ist der Mindestanteil der Investitionen in Übergangstätigkeiten und ermöglichende Tätigkeiten?

Der Teilfonds investiert mindestens 0% in Übergangstätigkeiten und ermöglichende Tätigkeiten.
Wie hoch ist der Mindestanteil nachhaltiger Investitionen mit einem Umweltziel, die nicht mit der EU-Taxonomie konform sind?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Umweltziel, das nicht mit der EU-Taxonomie konform ist.
Die Anlagen können zwar mit der EU-Taxonomie konform sein, aber der Investmentmanager ist derzeit nicht in der Lage, den genauen Anteil der Anlagen des Teilfonds anzugeben, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftstätigkeiten berücksichtigen. Die Position wird jedoch weiterhin überprüft, wenn die zugrunde liegenden Regeln festgelegt sind und im Laufe der Zeit mehr zuverlässige Daten zur Verfügung stehen.
¹ Tätigkeiten im Bereich fossiles Gas und/oder Kernenergie sind nur dann EU-taxonomiekonform, wenn sie zur Eindämmung des Klimawandels („Klimaschutz“) beitragen und kein Ziel der EU-Taxonomie erheblich beeinträchtigen – siehe Erläuterung am linken Rand. Die vollständigen Kriterien für EU-taxonomiekonforme Wirtschaftstätigkeiten im Bereich fossiles Gas und Kernenergie sind in der Delegierten Verordnung (EU) 2022/1214 der Kommission festgelegt.
Wie hoch ist der Mindestanteil der sozial nachhaltigen Investitionen?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Sozialziel.
Welche Investitionen fallen unter ,,#2 Andere Investitionen", welcher Anlagezweck wird mit ihnen verfolgt und gibt es einen ökologischen oder sozialen Mindestschutz?
Die verbleibenden Anlagen des Teilfonds erfolgen in Instrumenten, die zum Finanzziel des Teilfonds passen, und für Liquiditätszwecke in liquiden Mitteln und liquiden Mitteln gleichstehenden Mitteln sowie in Derivaten, die als Anlagen und für eine effiziente Portfolioverwaltung eingesetzt werden können.
Zur Gewährleistung eines Mindestmaßes an Umwelt- und Sozialabsicherungen wendet der Teilfonds die Ausschlusskriterien an.

###### Wurde ein Index als Referenzwert bestimmt, um festzustellen, ob dieses Finanzprodukt auf die beworbenen ökologischen und/oder sozialen Merkmale ausgerichtet ist?
Es wird kein bestimmter Index als Referenzbenchmark angegeben, um festzustellen, ob dieses Finanzprodukt zu den geförderten Umwelt- oder Sozialeigenschaften passt.
Bei den Referenzwerten handelt es sich um Indizes, mit denen gemessen wird, ob das Finanzprodukt die beworbenen ökologischen oder sozialen Merkmale erreicht.
Inwiefern ist der Referenzwert kontinuierlich auf die mit dem Finanzprodukt beworbenen ökologischen und sozialen Merkmale ausgerichtet?
Diese Frage ist hier nicht relevant.
Wie wird die kontinuierliche Ausrichtung der Anlagestrategie auf die Indexmethode sichergestellt?
Diese Frage ist hier nicht relevant.
Wie unterscheidet sich der bestimmte Index von einem relevanten breiten Marktindex?
Diese Frage ist hier nicht relevant.
Wo kann die Methode zur Berechnung des bestimmten Indexes eingesehen werden?
Diese Frage ist hier nicht relevant.

###### 	Wo kann ich im Internet weitere produktspezifische Informationen finden?
Weitere produktspezifische Informationen finden Sie auf der Website: https:/www.fidelity.lu/funds/factsheet/LU0251130802/tab-disclosure#SFDR-disclosure. 
Weitere Informationen zu den hier dargelegten Methoden finden Sie auf der Website: System fürnachhaltiges Investieren (fidelityinternational.com).
Vorvertragliche Informationen zu den in Artikel 8 Absätze 1, 2 und 2a der Verordnung (EU) 2019/2088 und Artikel 6 Absatz 1 der Verordnung (EU) 2020/852 genannten Finanzprodukten
Name des Produkts:	Unternehmenskennung (LEI- Code):
Fidelity Funds - Euro Short Term Bond Fund	3NMLOFBNMWJ7JPIH6S89

###### Ökologische und/oder soziale Merkmale
| Werden mit diesem Finanzprodukt nachhaltige Investitionen angestrebt? |
| --- |
|  | - Ja
 |  | Nein |
| - Es wird damit ein MindestanteiI an nachhaltigen Investitionen mit einem Umweltziel getätigt:%
	- in Wirtschaftstätigkeiten, die nach derEU-Taxonomie als ökologisch nachhaltig einzustufen sind

- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie nicht als ökologisch nachhaltig einzustufen sind
- Es wird damit ein Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel getätigt:%
 | Es werden damit ökologische/soziale Merkmale beworben und obwohl keine nachhaltigen Investitionen angestrebt werden, enthält es einen Mindestanteil von 5% an nachhaltigen Investitionen. - mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie als ökologisch nachhaltig einzustufen sindmit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie nicht als ökologisch nachhaltig einzustufen sindmit einem sozialen Ziel
- Es	werden		damit	ökologische/soziale Merkmale	beworben,		aber	keinenachhaltigen Investitionen getätigt.
 |

Welche ökologischen und/ oder sozialen Merkmale werden mit diesem Finanzprodukt beworben?
Mit Nachhaltigkeitsin- dikatoren wird gemessen, inwieweit die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht werden.
Der Teilfonds fördert Umwelt- und Sozialeigenschaften, indem er in Wertpapiere von Emittenten mit guten ESG-Eigenschaften investiert. Gute ESG-Eigenschaften werden anhand von ESG-Ratings ermittelt. ESG-Ratings berücksichtigen Umwelteigenschaften wie CO2-Intensität, CO2-Emissionen, Energieeffizienz, Wasser- und Abfallmanagement und Biodiversität sowie Sozialeigenschaften wie Produktsicherheit, Lieferkette, Gesundheit und Sicherheit sowie Menschenrechte.
Der Teilfonds ist in gewissem Maße bestrebt, nachhaltige Anlagen zu tätigen.
Es wird keine Referenzbenchmark festgelegt, um die geförderten Umwelt- und Sozialeigenschaften zu erreichen.
einzelnen ökologischen oder sozialen Merkmale, die durch dieses Finanzprodukt beworben werden, herangezogen?
Der Teilfonds verwendet die folgenden Nachhaltigkeitsindikatoren, um die Ausprägung der von ihm geförderten Umwelt- oder Sozialeigenschaften zu messen:
- der  Prozentsatz des Teilfonds, der in Wertpapieren von Emittenten mit guten ESG-Eigenschaften im Einklang mit dem System für nachhaltiges Investieren von Fidelity investiert ist;
- der Prozentsatz des Teilfonds, der in Wertpapiere von Emittenten investiert ist, auf die Ausschlusskriterien (wie unten definiert) zutreffen;
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen investiert ist; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel bei Wirtschaftsaktivitäten investiert ist, die gemäß der EU-Taxonomie als ökologisch nachhaltig gelten; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel investiert ist.

Welches sind die Ziele der nachhaltigen Investitionen, die mit dem
Finanzprodukt teilweise getätigt werden sollen, und wie trägt die nachhaltige Investition zu diesen Zielen bei?
Für den Teilfonds gilt eine Anlage in folgende Emittenten als nachhaltig:
- Emittenten, die wirtschaftliche Tätigkeiten ausüben, die zu einem oder mehreren der in der EU-Taxonomie festgelegten Umweltziele beitragen und gemäß der EU-Taxonomie als ökologisch nachhaltig gelten; oder
- Emittenten, bei denen der Großteil ihrer Geschäftstätigkeit (mehr als 50% des Umsatzes) zu Umwelt- oder Sozialzielen beiträgt, die mit einem oder mehreren der Ziele der Vereinten Nationen für nachhaltige Entwicklung („SDG“) in Einklang stehen; oder
- Emittenten, die ein Dekarbonisierungsziel festgelegt haben, das mit einem Temperaturanstiegsszenario mit 1,5 Grad oder weniger vereinbar ist (überprüft durch die Science Based Target Initiative oder ein Fidelity Proprietary Climate Rating), das als Beitrag zu Umweltzielen angesehen wird;sofern sie keinen wesentlichen Schaden anrichten, Mindestabsicherungen bieten und gute Governance-Kriterien aufweisen.

teilweise getätigt werden sollen, keinem der ökologischen oder sozialen nachhaltigen Anlageziele erheblich schaden?
Nachhaltige Anlagen werden auf ihre Beteiligung an Aktivitäten überprüft, die erheblichen Schaden und Kontroversen verursachen, und durch eine Kontrolle bewertet, ob der Emittent Mindestabsicherungen und -standards hinsichtlich der wichtigsten nachteiligen Auswirkungen (PAI) sowie die Leistung bei den PAI-Kennzahlen umsetzt bzw. erfüllt. Dazu gehören:
- Normenbasierte Filterkriterien – das Filtern von Wertpapieren, die gemäß den bestehenden (unten beschriebenen) normenbasierten Filterkriterien von Fidelity ermittelt wurden, anhand von:
- aktivitätsbasierten Filterkriterien – das Filtern von Emittenten auf der Grundlage ihrer Beteiligung an Aktivitäten mit erheblichen negativen Auswirkungen auf die Gesellschaft oder die Umwelt, darunter Emittenten, bei denen aufgrund der Filterkriterien für Kontroversen eine„sehr gravierende“ Kontroverse vorliegt, die im Bereich
- Umwelt,
- Menschenrechte und Gemeinschaften,
- Arbeitnehmerrechte und Lieferkette,
- Kunden,
- Governance angesiedelt ist; und anhand von
	- PAI-Indikatoren. Quantitative Daten (sofern verfügbar) zu PAI-Indikatoren werden verwendet, um zu bewerten, ob ein Emittent an Aktivitäten beteiligt ist, die einem Umwelt- oder Sozialziel erheblichen Schaden zufügen.


Bei den wichtigsten nachteiligen Auswirkungen handelt es sich um die bedeutendsten nachteiligen Auswirkungen von Investitionsentscheidun- gen auf NachhaItigkeitsfaktoren in den Bereichen Umwelt, Soziales und Beschäftigung, Achtung der Menschenrechte und Bekämpfung von Korruption und Bestechung.
Wie wurden die Indikatoren für nachteilige Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Für nachhaltige Anlagen, wie oben beschrieben, führt Fidelity eine quantitative Bewertung durch, um Emittenten mit einer problematischen Leistung bei PAI-Indikatoren zu ermitteln. Emittenten mit einer niedrigen Punktzahl kommen nur dann für „nachhaltige Anlagen“ infrage, wenn die Fundamentalresearch von Fidelity feststellt, dass der Emittent nicht gegen die Anforderungen verstößt, „keinen wesentlichen Schaden anrichtet“ oder sich auf einem Weg befindet, um die nachteiligen Auswirkungen durch effektives Management oder einen Übergang abzumildern.
Wie stehen die nachhaltigen Investitionen mit den OECD-Leitsätzen für multinationale Unternehmen und den Leitprinzipien der Vereinten Nationen für Wirtschaft und
Menschenrechte in Einklang? Nähere Angaben:
Es werden normenbasierte Filterkriterien angewendet: Emittenten, bei denen festgestellt wurde, dass sie sich nicht in einer Weise verhalten, die ihrer grundlegenden Verantwortung in den Bereichen Menschenrechte, Arbeit, Umwelt und Korruptionsbekämpfung im Einklang mit internationalen Normen gerecht wird, darunter denjenigen, die in den OECD-Leitsätzen für multinationale Unternehmen, den Leitprinzipien der Vereinten Nationen für Wirtschaft und Menschenrechte, dem UN Global Compact (UNGC) und den IAO-Standards der Internationalen Arbeitsorganisation (ILO) festgelegt sind, kommen für nachhaltige Investitionen nicht infrage.
In der EU-Taxonomie ist der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" festgelegt, nach dem taxonomiekonforme Investitionen die Ziele der EU-Taxonomie nicht erheblich beeinträchtigen dürfen, und es sind spezifische EU-Kriterien beigefügt. Der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" findet nur bei denjenigen dem Finanzprodukt zugrunde liegenden Investitionen Anwendung, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten berücksichtigen. Die dem verbleibenden Teil dieses  Finanzprodukts zugrunde  liegenden Investitionen berücksichtigen nicht die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten. Alle anderen nachhaltigen Investitionen dürfen ökologische oder soziale Ziele ebenfalls nicht erheblich beeinträchtigen.

###### Werden bei diesem Finanzprodukt die wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Ja
- NeinDie wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren werden mit Hilfe einer Vielzahl von Instrumenten berücksichtigt und in Anlageentscheidungen einbezogen. Hierzu zählen:
- Due Diligence – Analyse, ob die wichtigsten nachteiligen Auswirkungen (PAI) wesentlich und negativ sind.
- ESG-Rating – Fidelity bezieht sich auf ESG-Ratings, die wesentliche nachteilige Auswirkungen wie CO2-Emissionen, Mitarbeitersicherheit, Bestechung und Korruption sowie Wassermanagement berücksichtigen, und bei den von Staaten ausgegebenen Wertpapieren berücksichtigen die verwendeten Ratings wichtige nachteilige Auswirkungen (PAI) wie CO2-Emissionen, Sozialverstöße und die Meinungsfreiheit.
- Ausschlusskriterien – Bei Direktanlagen in Unternehmen als Emittenten wendet der Teilfonds die (unten definierten) Ausschlusskriterien an, um die wichtigsten nachteiligen Auswirkungen abzumildern. Dazu schließt er schädliche Sektoren aus und verbietet Investitionen in Emittenten, die gegen internationale Standards wie den UNGC verstoßen.
- Mitwirkung – Fidelity nutzt Mitwirkung als ein Instrument, um die wichtigsten nachteiligen Auswirkungen besser zu verstehen und sich unter bestimmten Umständen für die Abmilderung der wichtigsten nachteiligen Auswirkungen einzusetzen. Fidelity beteiligt sich an relevanten individuellen und kollaborativen Arten der Mitwirkung, die auf eine Reihe von wichtigen negativen Auswirkungen abzielen (z. B. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Abstimmungsverhalten – Die Abstimmungspolitik von Fidelity umfasst bei Unternehmen als Emittenten explizite Mindeststandards für die Geschlechtervielfalt im Aufsichtsrat und die Auseinandersetzung mit dem Klimawandel. Fidelity kann auch auf eine Weise abstimmen, dass die wichtigsten nachteiligen Auswirkungen abgemildert werden.
- Vierteljährliche Überprüfungen – Überwachung der wichtigsten nachteiligen Auswirkungen (PAI) durch den vierteljährlichen Überprüfungsprozess des Teilfonds.

Wenn es um die Frage geht, ob Investitionen eine wesentliche nachteilige Auswirkung haben, berücksichtigt Fidelity für jeden Nachhaltigkeitsfaktor spezifische Indikatoren. Diese Indikatoren hängen von der Datenverfügbarkeit ab und können sich mit zunehmender Datenqualität und
-verfügbarkeit weiterentwickeln.
Informationen über die wichtigsten nachteiligen Auswirkungen werden im Jahresbericht des Teilfonds zur Verfügung gestellt.
Die Anlagestrategie dient aIs Richtschnur für Investitionsentscheidun- gen, wobei bestimmte Kriterien wie beispielsweise Investitionsziele oder Risikotoleranz
berücksichtigt werden.
Mindestens 50% des Nettovermögens des Teilfonds werden in Wertpapiere investiert, die gute ESG-Eigenschaften aufweisen.
Ob ESG-Eigenschaften gut sind, wird anhand von ESG-Ratings externer Agenturen und von Fidelity ESG-Ratings ermittelt.
In Bezug auf seine Direktanlagen in Unternehmensemittenten berücksichtigt der Teilfonds:
a) eine unternehmensweite Ausschlussliste, die Streumunition und Antipersonenlandminen umfasst; und
- eine normenbasierte Filterung von Emittenten, die nach Ansicht des Investmentmanagers ihre Geschäfte nicht in Übereinstimmung mit internationalen Normen, darunter den im UNGC festgelegten, durchgeführt haben.

Die oben genannten Ausschluss- und Filterkriterien (die „Ausschlusskriterien“) werden möglicherweise von Zeit zu Zeit aktualisiert. Weitere Informationen erhalten Sie auf der Website Sustainable investing framework (fidelityinternational.com).
Es steht zudem im Ermessen des Investmentmanagers, von Zeit zu Zeit erweiterte, strengere Nachhaltigkeitsanforderungen und Ausschlusskriterien anzuwenden.
Worin bestehen die verbindlichen Elemente der Anlagestrategie, die für die Auswahl der Investitionen zur Erfüllung der beworbenen ökologischen oder sozialen Ziele verwendet werden?
Der Teilfonds investiert:
- mindestens 50% seines Vermögens in Emittenten mit guten ESG-Eigenschaften;
- mindestens 5% in nachhaltige Anlagen, von denen mindestens 0% ein Umweltziel verfolgen (das sich an der EU-Taxonomie orientiert), mindestens 1% ein Umweltziel (das sich nicht an der EU-Taxonomie orientiert) und mindestens 1% ein Sozialziel.

Darüber hinaus wird der Teilfonds systematisch die oben beschriebenen Ausschlusskriterien anwenden.
Um welchen Mindestsatz wird der Umfang der vor der Anwendung dieser Anlagestrategie in Betracht gezogenen Investitionen reduziert?
Diese Frage ist hier nicht relevant.
Die Verfahrensweisen einer guten
Unternehmensführung umfassen solide Managementstrukturen, die Beziehungen zu den Arbeitnehmern, die Vergütung von Mitarbeitern sowie die Einhaltung der Steuervorschriften.
Wie werden die Verfahrensweisen einer guten Unternehmensführung der Unternehmen, in die investiert wird, bewertet?
Die Governance-Praktiken der Emittenten werden anhand von Fundamentalresearch bewertet, darunter im Rahmen der von externen Agenturen oder Fidelity bereitgestellten ESG-Ratings.
Zu den wichtigsten der analysierten Fragen gehören die Erfolgsbilanz hinsichtlich: Kapitalallokation, finanzieller Transparenz, Transaktionen mit nahestehenden Unternehmen und Personen, Unabhängigkeit und Größe des Vorstands, Vergütung von Führungskräften, Wirtschaftsprüfung und interner Revision, Rechte der Minderheitsaktionäre und anderer Indikatoren. Für staatliche Emittenten werden Faktoren wie Korruption und Meinungsfreiheit einbezogen.
Die Vermögensallokation gibt den jeweiligen Anteil der Investitionen in bestimmte Vermögenswerte an.
Taxonomiekonforme Tätigkeiten, ausgedrückt durch den Anteil der:
- Umsatzerlöse, die den Anteil der Einnahmen aus umweltfreundlichenAktivitäten der Unternehmen, in die investiert wird, widerspiegeln
- Investitionsausgaben (CapEx), die die umweltfreundlichen Investitionen der Unternehmen, in die investiert wird, aufzeigen,z.B. für den Übergang zu einer grünen Wirtschaft- Betriebsausgaben (OpEx), die die umweltfreundlichenbetrieblichen Aktivitäten der Unternehmen, in die investiert wird, widerspiegeln(#1 Ausgerichtet an E/S-Eigenschaften) Der Teilfonds investiert:
- mindestens 50% seines	Vermögens	in	Wertpapieren	von	Emittenten	mit	guten ESG-Eigenschaften;
- mindestens 5% seines Vermögens in nachhaltigen (#1A nachhaltig), von denen mindestens 0% ein	ökologisches	Ziel	(das	mit	der	EU-Taxonomie	übereinstimmt), mindestens 1% ein ökologisches Ziel (das nicht mit der EU-Taxonomie übereinstimmt) und mindestens 1% ein Sozialziel haben. Die übrigen nachhaltigen Anlagen des Teilfonds können ein Umwelt- oder Sozialziel verfolgen.

Sonstige Umweltziele 1%
(#1B Sonstige E/S-Eigenschaften) Umfasst Wertpapiere von Emittenten mit guten ESG-Eigenschaften, die aber keine nachhaltigen Anlagen sind.
Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale
50%
#1A Nachhaltige Investitionen
5%
#1B Andere ökologische oder soziale Merkmale
Soziales 1%
#2 Andere Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst Investitionen des Finanzprodukts, die zur Erreichung der beworbenen ökologischen oder sozialen Merkmale getätigt wurden.
#2 Andere Investitionen umfasst die übrigen Investitionen des Finanzprodukts, die weder auf ökologische oder soziale Merkmale ausgerichtet sind noch als nachhaltige Investitionen eingestuft werden.
Die Kategorie #1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst folgende Unterkategorien:
Die Unterkategorie #1A Nachhaltige Investitionen umfasst nachhaltige Investitionen mit ökologischen oder sozialen Zielen.
Die Unterkategorie #1B Andere ökologische oder soziale Merkmale umfasst Investitionen, die auf ökologische oder soziale Merkmale ausgerichtet sind, aber nicht als nachhaltige Investitionen eingestuft werden.
Inwiefern werden durch den Einsatz von Derivaten die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht?
Wenn das einem Derivat zugrunde liegende Wertpapier im Einklang mit dem System für nachhaltiges Investieren von Fidelity gute ESG-Eigenschaften aufweist, darf das Derivat zur Feststellung des Teilfondsanteils berücksichtigt werden, der Umwelt- oder Sozialeigenschaften fördert.
In welchem Mindestmaß sind nachhaltige Investitionen mit einem Umweltziel mit der EU-Taxonomie konform?
Der Teilfonds investiert mindestens 0% in nachhaltige Anlagen mit einem Umweltziel, die mit der EU-Taxonomie konform sind.
Die Konformität der Anlagen des Teilfonds mit der EU-Taxonomie wird nicht durch Wirtschaftsprüfer oder mittels einer Überprüfung durch Dritte sichergestellt.
Die Ausrichtung der zugrunde liegenden Anlagen des Teilfonds an der EU-Taxonomie wird anhand des Umsatzes gemessen.
Investiert das Finanzprodukt in Aktivitäten im Zusammenhang mit fossilem Gas und/oder Kernenergie, die der EU-Taxonomie¹ entsprechen?
- JaNein
- In fossiles Gas	In KernenergieWie hoch ist der Mindestanteil der Investitionen in Übergangstätigkeiten und ermöglichende Tätigkeiten?

Der Teilfonds investiert mindestens 0% in Übergangstätigkeiten und ermöglichende Tätigkeiten.
Wie hoch ist der Mindestanteil nachhaltiger Investitionen mit einem Umweltziel, die nicht mit der EU-Taxonomie konform sind?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Umweltziel, das nicht mit der EU-Taxonomie konform ist.
Die Anlagen können zwar mit der EU-Taxonomie konform sein, aber der Investmentmanager ist derzeit nicht in der Lage, den genauen Anteil der Anlagen des Teilfonds anzugeben, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftstätigkeiten berücksichtigen. Die Position wird jedoch weiterhin überprüft, wenn die zugrunde liegenden Regeln festgelegt sind und im Laufe der Zeit mehr zuverlässige Daten zur Verfügung stehen.
¹ Tätigkeiten im Bereich fossiles Gas und/oder Kernenergie sind nur dann EU-taxonomiekonform, wenn sie zur Eindämmung des Klimawandels („Klimaschutz“) beitragen und kein Ziel der EU-Taxonomie erheblich beeinträchtigen – siehe Erläuterung am linken Rand. Die vollständigen Kriterien für EU-taxonomiekonforme Wirtschaftstätigkeiten im Bereich fossiles Gas und Kernenergie sind in der Delegierten Verordnung (EU) 2022/1214 der Kommission festgelegt.
Wie hoch ist der Mindestanteil der sozial nachhaltigen Investitionen?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Sozialziel.
Welche Investitionen fallen unter ,,#2 Andere Investitionen", welcher Anlagezweck wird mit ihnen verfolgt und gibt es einen ökologischen oder sozialen Mindestschutz?
Die verbleibenden Anlagen des Teilfonds erfolgen in Instrumenten, die zum Finanzziel des Teilfonds passen, und für Liquiditätszwecke in liquiden Mitteln und liquiden Mitteln gleichstehenden Mitteln sowie in Derivaten, die als Anlagen und für eine effiziente Portfolioverwaltung eingesetzt werden können.
Zur Gewährleistung eines Mindestmaßes an Umwelt- und Sozialabsicherungen wendet der Teilfonds die Ausschlusskriterien an.

###### Wurde ein Index als Referenzwert bestimmt, um festzustellen, ob dieses Finanzprodukt auf die beworbenen ökologischen und/oder sozialen Merkmale ausgerichtet ist?
Es wird kein bestimmter Index als Referenzbenchmark angegeben, um festzustellen, ob dieses Finanzprodukt zu den geförderten Umwelt- oder Sozialeigenschaften passt.
Bei den Referenzwerten handelt es sich um Indizes, mit denen gemessen wird, ob das Finanzprodukt die beworbenen ökologischen oder sozialen Merkmale erreicht.
Inwiefern ist der Referenzwert kontinuierlich auf die mit dem Finanzprodukt beworbenen ökologischen und sozialen Merkmale ausgerichtet?
Diese Frage ist hier nicht relevant.
Wie wird die kontinuierliche Ausrichtung der Anlagestrategie auf die Indexmethode sichergestellt?
Diese Frage ist hier nicht relevant.
Wie unterscheidet sich der bestimmte Index von einem relevanten breiten Marktindex?
Diese Frage ist hier nicht relevant.
Wo kann die Methode zur Berechnung des bestimmten Indexes eingesehen werden?
Diese Frage ist hier nicht relevant.

###### 	Wo kann ich im Internet weitere produktspezifische Informationen finden?
Weitere produktspezifische Informationen finden Sie auf der Website: https:/www.fidelity.lu/funds/factsheet/LU0267388220/tab-disclosure#SFDR-disclosure. 
Weitere Informationen zu den hier dargelegten Methoden finden Sie auf der Website: System fürnachhaltiges Investieren (fidelityinternational.com).
Vorvertragliche Informationen zu den in Artikel 8 Absätze 1, 2 und 2a der Verordnung (EU) 2019/2088 und Artikel 6 Absatz 1 der Verordnung (EU) 2020/852 genannten Finanzprodukten
Name des Produkts:	Unternehmenskennung (LEI- Code):
Fidelity Funds - Structured Credit Income Fund	254900PSXCPD7UYZ5904

###### Ökologische und/oder soziale Merkmale
| Werden mit diesem Finanzprodukt nachhaltige Investitionen angestrebt? |
| --- |
|  | - Ja
 |  | Nein |
| - Es wird damit ein MindestanteiI an nachhaltigen Investitionen mit einem Umweltziel getätigt:%
	- in Wirtschaftstätigkeiten, die nach derEU-Taxonomie als ökologisch nachhaltig einzustufen sind

- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie nicht als ökologisch nachhaltig einzustufen sind
- Es wird damit ein Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel getätigt:%
 | - Es werden damit ökologische/soziale Merkmale beworben und obwohl keine nachhaltigenInvestitionen angestrebt werden, enthält es einen Mindestanteil von % an nachhaltigen Investitionen.
- mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie als ökologisch nachhaltig einzustufen sind
- mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie nicht als ökologisch nachhaltig einzustufen sind
- mit einem sozialen ZielEs	werden		damit	ökologische/soziale Merkmale	beworben,		aber	keinenachhaltigen Investitionen getätigt.
 |

Welche ökologischen und/ oder sozialen Merkmale werden mit diesem Finanzprodukt beworben?
Mit Nachhaltigkeitsin- dikatoren wird gemessen, inwieweit die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht werden.
Der Teilfonds fördert Umwelt- und Sozialeigenschaften, indem er in Wertpapiere von Emittenten mit guten ESG-Eigenschaften investiert. Gute ESG-Eigenschaften werden anhand von ESG-Ratings ermittelt. ESG-Ratings berücksichtigen Umwelteigenschaften wie CO2-Intensität, CO2-Emissionen, Energieeffizienz, Wasser- und Abfallmanagement und Biodiversität sowie Sozialeigenschaften wie Produktsicherheit, Lieferkette, Gesundheit und Sicherheit sowie Menschenrechte.
Es wurde keine Benchmark angegeben, um festzustellen, ob die geförderten Umwelt- und Sozialeigenschaften erreicht werden.
Welche Nachhaltigkeitsindikatoren werden zur Messung der Erreichung der einzelnen ökologischen oder sozialen Merkmale, die durch dieses Finanzprodukt beworben werden, herangezogen?
Der Teilfonds verwendet die folgenden Nachhaltigkeitsindikatoren, um die Ausprägung der von ihm geförderten Umwelt- oder Sozialeigenschaften zu messen:
- der  Prozentsatz des Teilfonds, der in Wertpapieren von Emittenten mit guten ESG-Eigenschaften im Einklang mit dem System für nachhaltiges Investieren von Fidelity investiert ist; und
- der Prozentsatz des Teilfonds, der in Wertpapiere von Unternehmen als Emittenten investiert ist, auf die die (unten definierten) Ausschlusskriterien zutreffen.

Welches sind die Ziele der nachhaltigen Investitionen, die mit dem
Finanzprodukt teilweise getätigt werden sollen, und wie trägt die nachhaltige Investition zu diesen Zielen bei?
Diese Frage ist hier nicht relevant, da der Teilfonds nicht beabsichtigt, nachhaltige Investitionen zu tätigen.
Inwiefern werden die nachhaltigen Investitionen, die mit dem Finanzprodukt teilweise getätigt werden sollen, keinem der ökologischen oder sozialen nachhaltigen Anlageziele erheblich schaden?
Diese Frage ist hier nicht relevant, da der Teilfonds nicht beabsichtigt, nachhaltige Investitionen zu tätigen.
Bei den wichtigsten nachteiligen Auswirkungen handelt es sich um die bedeutendsten nachteiligen Auswirkungen von Investitionsentscheidun- gen auf NachhaItigkeitsfaktoren in den Bereichen Umwelt, Soziales und Beschäftigung, Achtung der Menschenrechte und Bekämpfung von Korruption und Bestechung.
Wie wurden die Indikatoren für nachteilige Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Diese Frage ist hier nicht relevant.
Wie stehen die nachhaltigen Investitionen mit den OECD-Leitsätzen für multinationale Unternehmen und den Leitprinzipien der Vereinten Nationen für Wirtschaft und
Menschenrechte in Einklang? Nähere Angaben:
Diese Frage ist hier nicht relevant.
In der EU-Taxonomie ist der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" festgelegt, nach dem taxonomiekonforme Investitionen die Ziele der EU-Taxonomie nicht erheblich beeinträchtigen dürfen, und es sind spezifische EU-Kriterien beigefügt. Der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" findet nur bei denjenigen dem Finanzprodukt zugrunde liegenden Investitionen Anwendung, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten berücksichtigen. Die dem verbleibenden Teil dieses  Finanzprodukts zugrunde  liegenden Investitionen berücksichtigen nicht die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten. Alle anderen nachhaltigen Investitionen dürfen ökologische oder soziale Ziele ebenfalls nicht erheblich beeinträchtigen.

###### Werden bei diesem Finanzprodukt die wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Ja
- NeinDie wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren werden mit Hilfe einer Vielzahl von Instrumenten berücksichtigt und in Anlageentscheidungen einbezogen. Hierzu zählen:
- Due Diligence – Analyse, ob die wichtigsten nachteiligen Auswirkungen (PAI) wesentlich und negativ sind.
- ESG-Rating – Fidelity bezieht sich auf ESG-Ratings, die wesentliche nachteilige Auswirkungenwie CO2-Emissionen, Mitarbeitersicherheit, Bestechung und Korruption sowie Wassermanagement berücksichtigen, und bei den von Staaten ausgegebenen Wertpapieren berücksichtigen die verwendeten Ratings wichtige nachteilige Auswirkungen (PAI) wie CO2-Emissionen, Sozialverstöße und die Meinungsfreiheit.
- Ausschlusskriterien – Bei Direktanlagen in Unternehmen als Emittenten wendet der Teilfonds die (unten definierten) Ausschlusskriterien an, um die wichtigsten nachteiligen Auswirkungen abzumildern. Dazu schließt er schädliche Sektoren aus und verbietet Investitionen in Emittenten, die gegen internationale Standards wie den UNGC verstoßen.
- Mitwirkung – Fidelity nutzt Mitwirkung als ein Instrument, um die wichtigsten nachteiligen Auswirkungen besser zu verstehen und sich unter bestimmten Umständen für die Abmilderung der wichtigsten nachteiligen Auswirkungen einzusetzen. Fidelity beteiligt sich an relevanten individuellen und kollaborativen Arten der Mitwirkung, die auf eine Reihe von wichtigen negativen Auswirkungen abzielen (z. B. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Abstimmungsverhalten – Die Abstimmungspolitik von Fidelity umfasst bei Unternehmen als Emittenten explizite Mindeststandards für die Geschlechtervielfalt im Aufsichtsrat und die Auseinandersetzung mit dem Klimawandel. Fidelity kann auch auf eine Weise abstimmen, dass die wichtigsten nachteiligen Auswirkungen abgemildert werden.
- Vierteljährliche Überprüfungen – Überwachung der wichtigsten nachteiligen Auswirkungen (PAI) durch den vierteljährlichen Überprüfungsprozess des Teilfonds.

Wenn es um die Frage geht, ob Investitionen eine wesentliche nachteilige Auswirkung haben, berücksichtigt Fidelity für jeden Nachhaltigkeitsfaktor spezifische Indikatoren. Diese Indikatoren hängen von der Datenverfügbarkeit ab und können sich mit zunehmender Datenqualität und
-verfügbarkeit weiterentwickeln.
Informationen über die wichtigsten nachteiligen Auswirkungen werden im Jahresbericht des Teilfonds zur Verfügung gestellt.
Die Anlagestrategie dient aIs Richtschnur für Investitionsentscheidun- gen, wobei bestimmte Kriterien wie beispielsweise Investitionsziele oder Risikotoleranz
berücksichtigt werden.

######  Welche Anlagestrategie wird mit diesem Finanzprodukt verfolgt?
Mindestens 50% des Nettovermögens des Teilfonds werden in Wertpapiere investiert, die gute ESG-Eigenschaften aufweisen.
Ob ESG-Eigenschaften gut sind, wird anhand von ESG-Ratings externer Agenturen und von Fidelity ESG-Ratings ermittelt.
In Bezug auf seine Direktanlagen in Unternehmensemittenten berücksichtigt der Teilfonds:
a) eine unternehmensweite Ausschlussliste, die Streumunition und Antipersonenlandminen umfasst; und
(b) eine normenbasierte Filterung von Emittenten, die nach Ansicht des Investmentmanagers ihre Geschäfte nicht in Übereinstimmung mit internationalen Normen, darunter den im UNGC festgelegten, durchgeführt haben.
Die oben genannten Ausschluss- und Filterkriterien (die „Ausschlusskriterien“) werden möglicherweise von Zeit zu Zeit aktualisiert. Weitere Informationen erhalten Sie auf der Website Sustainable investing framework (fidelityinternational.com).
Es steht zudem im Ermessen des Investmentmanagers, von Zeit zu Zeit erweiterte, strengere Nachhaltigkeitsanforderungen und Ausschlusskriterien anzuwenden.
Worin bestehen die verbindlichen Elemente der Anlagestrategie, die für die Auswahl der Investitionen zur Erfüllung der beworbenen ökologischen oder sozialen Ziele verwendet werden?
Der  Fonds  wird  mindestens  50%  seines  Vermögens  in  Emittenten  mit  guten ESG-Eigenschaften investieren.
Darüber hinaus wird der Teilfonds die oben beschriebenen Ausschlusskriterien auf alle Direktanlagen bei Unternehmensemittenten anwenden.
Um welchen Mindestsatz wird der Umfang der vor der Anwendung dieser Anlagestrategie in Betracht gezogenen Investitionen reduziert?
Diese Frage ist hier nicht relevant.
Die Verfahrensweisen einer guten
Unternehmensführung umfassen solide Managementstrukturen, die Beziehungen zu den Arbeitnehmern, die Vergütung von Mitarbeitern sowie die Einhaltung der Steuervorschriften.
Wie werden die Verfahrensweisen einer guten Unternehmensführung der Unternehmen, in die investiert wird, bewertet?
Die Governance-Praktiken der Emittenten werden anhand von Fundamentalresearch bewertet, darunter im Rahmen der von externen Agenturen oder Fidelity bereitgestellten ESG-Ratings.
Zu den wichtigsten der analysierten Fragen gehören die Erfolgsbilanz hinsichtlich: Kapitalallokation, finanzieller Transparenz, Transaktionen mit nahestehenden Unternehmen und Personen, Unabhängigkeit und Größe des Vorstands, Vergütung von Führungskräften, Wirtschaftsprüfung und interner Revision, Rechte der Minderheitsaktionäre und anderer Indikatoren. Für staatliche Emittenten werden Faktoren wie Korruption und Meinungsfreiheit einbezogen.
Die Vermögensallokation gibt den jeweiligen Anteil der Investitionen in bestimmte Vermögenswerte an.
Taxonomiekonforme Tätigkeiten, ausgedrückt durch den Anteil der:
- Umsatzerlöse, die den Anteil der Einnahmen aus umweltfreundlichenAktivitäten der Unternehmen, in die investiert wird, widerspiegeln
- Investitionsausgaben (CapEx), die die umweltfreundlichen Investitionen der Unternehmen, in die investiert wird, aufzeigen,z.B. für den Übergang zu einer grünen Wirtschaft- Betriebsausgaben (OpEx), die die umweltfreundlichenbetrieblichen Aktivitäten der Unternehmen, in die investiert wird, widerspiegelnWelche Vermögensallokation ist für dieses Finanzprodukt geplant? 

(#1 Ausgerichtet an E/S-Eigenschaften) Der Teilfonds investiert mindestens 50 seines Vermögens in Wertpapiere von Emittenten mit guten ESG-Eigenschaften.
Inwiefern werden durch den Einsatz von Derivaten die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht?
Wenn das einem Derivat zugrunde liegende Wertpapier im Einklang mit dem System für nachhaltiges Investieren von Fidelity gute ESG-Eigenschaften aufweist, darf das Derivat zur Feststellung des Teilfondsanteils berücksichtigt werden, der Umwelt- oder Sozialeigenschaften fördert.
In welchem Mindestmaß sind nachhaltige Investitionen mit einem Umweltziel mit der EU-Taxonomie konform?
Der Teilfonds investiert mindestens 0% in nachhaltige Anlagen mit einem Umweltziel, die mit der EU-Taxonomie konform sind.
Die Konformität der Anlagen des Teilfonds mit der EU-Taxonomie wird nicht durch Wirtschaftsprüfer oder mittels einer Überprüfung durch Dritte sichergestellt.
Die Ausrichtung der zugrunde liegenden Anlagen des Teilfonds an der EU-Taxonomie wird anhand des Umsatzes gemessen.
Investiert das Finanzprodukt in Aktivitäten im Zusammenhang mit fossilem Gas und/oder Kernenergie, die der EU-Taxonomie¹ entsprechen?
- JaNein
- In fossiles Gas	In KernenergieWie hoch ist der Mindestanteil der Investitionen in Übergangstätigkeiten und ermöglichende Tätigkeiten?

Der Teilfonds investiert mindestens 0% in Übergangstätigkeiten und ermöglichende Tätigkeiten.
Wie hoch ist der Mindestanteil nachhaltiger Investitionen mit einem Umweltziel, die nicht mit der EU-Taxonomie konform sind?
Diese Frage ist hier nicht relevant, da der Teilfonds nicht beabsichtigt, nachhaltige Investitionen zu tätigen.
Wie hoch ist der Mindestanteil der sozial nachhaltigen Investitionen?
Diese Frage ist hier nicht relevant, da der Teilfonds nicht beabsichtigt, nachhaltige Investitionen zu tätigen.
¹ Tätigkeiten im Bereich fossiles Gas und/oder Kernenergie sind nur dann EU-taxonomiekonform, wenn sie zur Eindämmung des Klimawandels („Klimaschutz“) beitragen und kein Ziel der EU-Taxonomie erheblich beeinträchtigen – siehe Erläuterung am linken Rand. Die vollständigen Kriterien für EU-taxonomiekonforme Wirtschaftstätigkeiten im Bereich fossiles Gas und Kernenergie sind in der Delegierten Verordnung (EU) 2022/1214 der Kommission festgelegt.
wird mit ihnen verfolgt und gibt es einen ökologischen oder sozialen Mindestschutz?
Die verbleibenden Anlagen des Teilfonds erfolgen in Instrumenten, die zum Finanzziel des Teilfonds passen, und für Liquiditätszwecke in liquiden Mitteln und liquiden Mitteln gleichstehenden Mitteln sowie in Derivaten, die als Anlagen und für eine effiziente Portfolioverwaltung eingesetzt werden können.
Zur Gewährleistung eines Mindestmaßes an Umwelt- und Sozialabsicherungen wendet der Teilfonds die Ausschlusskriterien an.

###### Wurde ein Index als Referenzwert bestimmt, um festzustellen, ob dieses Finanzprodukt auf die beworbenen ökologischen und/oder sozialen Merkmale ausgerichtet ist?
Es wird kein bestimmter Index als Referenzbenchmark angegeben, um festzustellen, ob dieses Finanzprodukt zu den geförderten Umwelt- oder Sozialeigenschaften passt.
Bei den Referenzwerten handelt es sich um Indizes, mit denen gemessen wird, ob das Finanzprodukt die beworbenen ökologischen oder sozialen Merkmale erreicht.
Inwiefern ist der Referenzwert kontinuierlich auf die mit dem Finanzprodukt beworbenen ökologischen und sozialen Merkmale ausgerichtet?
Diese Frage ist hier nicht relevant.
Wie wird die kontinuierliche Ausrichtung der Anlagestrategie auf die Indexmethode sichergestellt?
Diese Frage ist hier nicht relevant.
Wie unterscheidet sich der bestimmte Index von einem relevanten breiten Marktindex?
Diese Frage ist hier nicht relevant.
Wo kann die Methode zur Berechnung des bestimmten Indexes eingesehen werden?
Diese Frage ist hier nicht relevant.

###### 	Wo kann ich im Internet weitere produktspezifische Informationen finden?
Weitere produktspezifische Informationen finden Sie auf der Website: https:/www.fidelity.lu/funds/factsheet/LU2495143062/tab-disclosure#SFDR-disclosure. 
Weitere Informationen zu den hier dargelegten Methoden finden Sie auf der Website: System fürnachhaltiges Investieren (fidelityinternational.com).
2019/2088 und Artikel 6 Absatz 1 der Verordnung (EU) 2020/852 genannten Finanzprodukten
Name des Produkts:	Unternehmenskennung (LEI- Code):
Fidelity Funds - Sustainable Asian Bond Fund	25490016JMCH6V9O7111

###### Ökologische und/oder soziale Merkmale
| Werden mit diesem Finanzprodukt nachhaltige Investitionen angestrebt? |
| --- |
|  | - Ja
 |  | Nein |
| - Es wird damit ein MindestanteiI an nachhaltigen Investitionen mit einem Umweltziel getätigt:%
	- in Wirtschaftstätigkeiten, die nach derEU-Taxonomie als ökologisch nachhaltig einzustufen sind

- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie nicht als ökologisch nachhaltig einzustufen sind
- Es wird damit ein Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel getätigt:%
 | Es werden damit ökologische/soziale Merkmale beworben und obwohl keine nachhaltigen Investitionen angestrebt werden, enthält es einen Mindestanteil von 10% an nachhaltigen Investitionen. - mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie als ökologisch nachhaltig einzustufen sindmit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie nicht als ökologisch nachhaltig einzustufen sindmit einem sozialen Ziel
- Es	werden		damit	ökologische/soziale Merkmale	beworben,		aber	keinenachhaltigen Investitionen getätigt.
 |

Welche ökologischen und/ oder sozialen Merkmale werden mit diesem Finanzprodukt beworben?
Mit Nachhaltigkeitsin- dikatoren wird gemessen, inwieweit die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht werden.
Der Teilfonds fördert Umwelt- und Sozialeigenschaften, indem er in Wertpapiere von Emittenten mit guten ESG-Eigenschaften investiert. Gute ESG-Eigenschaften werden anhand von ESG-Ratings ermittelt. ESG-Ratings berücksichtigen Umwelteigenschaften wie CO2-Intensität, CO2-Emissionen, Energieeffizienz, Wasser- und Abfallmanagement und Biodiversität sowie Sozialeigenschaften wie Produktsicherheit, Lieferkette, Gesundheit und Sicherheit sowie Menschenrechte.
Der Teilfonds ist in gewissem Maße bestrebt, nachhaltige Anlagen zu tätigen.
Es wird keine Referenzbenchmark festgelegt, um die geförderten Umwelt- und Sozialeigenschaften zu erreichen.
einzelnen ökologischen oder sozialen Merkmale, die durch dieses Finanzprodukt beworben werden, herangezogen?
Der Teilfonds verwendet die folgenden Nachhaltigkeitsindikatoren, um die Ausprägung der von ihm geförderten Umwelt- oder Sozialeigenschaften zu messen:
- der  Prozentsatz des Teilfonds, der in Wertpapieren von Emittenten mit guten ESG-Eigenschaften im Einklang mit dem System für nachhaltiges Investieren von Fidelity investiert ist;
- in Bezug auf seine Direktanlagen der Prozentsatz des Teilfonds, der in Wertpapiere von Emittenten investiert ist, auf die Ausschlusskriterien (wie unten definiert) zutreffen;
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen investiert ist; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel bei Wirtschaftsaktivitäten investiert ist, die gemäß der EU-Taxonomie nicht als ökologisch nachhaltig gelten; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel investiert ist.

Welches sind die Ziele der nachhaltigen Investitionen, die mit dem
Finanzprodukt teilweise getätigt werden sollen, und wie trägt die nachhaltige Investition zu diesen Zielen bei?
Für den Teilfonds gilt eine Anlage in folgende Emittenten als nachhaltig:
- Emittenten, die wirtschaftliche Tätigkeiten ausüben, die zu einem oder mehreren der in der EU-Taxonomie festgelegten Umweltziele beitragen und gemäß der EU-Taxonomie als ökologisch nachhaltig gelten; oder
- Emittenten, bei denen der Großteil ihrer Geschäftstätigkeit (mehr als 50% des Umsatzes) zu Umwelt- oder Sozialzielen beiträgt, die mit einem oder mehreren der Ziele der Vereinten Nationen für nachhaltige Entwicklung („SDG“) in Einklang stehen; oder
- Emittenten, die ein Dekarbonisierungsziel festgelegt haben, das mit einem Temperaturanstiegsszenario mit 1,5 Grad oder weniger vereinbar ist (überprüft durch die Science Based Target Initiative oder ein Fidelity Proprietary Climate Rating), das als Beitrag zu Umweltzielen angesehen wird;sofern sie keinen wesentlichen Schaden anrichten, Mindestabsicherungen bieten und gute Governance-Kriterien aufweisen.

teilweise getätigt werden sollen, keinem der ökologischen oder sozialen nachhaltigen Anlageziele erheblich schaden?
Nachhaltige Anlagen werden auf ihre Beteiligung an Aktivitäten überprüft, die erheblichen Schaden und Kontroversen verursachen, und durch eine Kontrolle bewertet, ob der Emittent Mindestabsicherungen und -standards hinsichtlich der wichtigsten nachteiligen Auswirkungen (PAI) sowie für die Leistung bei den PAI-Kennzahlen umsetzt bzw. erfüllt. Dazu gehören:
- Normenbasierte Filterkriterien – das Filtern von Wertpapieren, die gemäß den bestehenden (unten beschriebenen) normenbasierten Filterkriterien von Fidelity ermittelt wurden, anhand von:
- aktivitätsbasierten Filterkriterien – das Filtern von Emittenten auf der Grundlage ihrer Beteiligung an Aktivitäten mit erheblichen negativen Auswirkungen auf die Gesellschaft oder die Umwelt, darunter Emittenten, bei denen aufgrund der Filterkriterien für Kontroversen eine„sehr gravierende“ Kontroverse vorliegt, die im Bereich
- Umwelt,
- Menschenrechte und Gemeinschaften,
- Arbeitnehmerrechte und Lieferkette,
- Kunden,
- Governance angesiedelt ist; und anhand von
	- PAI-Indikatoren. Quantitative Daten (sofern verfügbar) zu PAI-Indikatoren werden verwendet, um zu bewerten, ob ein Emittent an Aktivitäten beteiligt ist, die einem Umwelt- oder Sozialziel erheblichen Schaden zufügen.


Bei den wichtigsten nachteiligen Auswirkungen handelt es sich um die bedeutendsten nachteiligen Auswirkungen von Investitionsentscheidun- gen auf NachhaItigkeitsfaktoren in den Bereichen Umwelt, Soziales und Beschäftigung, Achtung der Menschenrechte und Bekämpfung von Korruption und Bestechung.
Wie wurden die Indikatoren für nachteilige Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Für nachhaltige Anlagen, wie oben beschrieben, führt Fidelity eine quantitative Bewertung durch, um Emittenten mit einer problematischen Leistung bei PAI-Indikatoren zu ermitteln. Emittenten mit einer niedrigen Punktzahl kommen nur dann für „nachhaltige Anlagen“ infrage, wenn die Fundamentalresearch von Fidelity feststellt, dass der Emittent nicht gegen die Anforderungen verstößt, „keinen wesentlichen Schaden anrichtet“ oder sich auf einem Weg befindet, um die nachteiligen Auswirkungen durch effektives Management oder einen Übergang abzumildern.
Wie stehen die nachhaltigen Investitionen mit den OECD-Leitsätzen für multinationale Unternehmen und den Leitprinzipien der Vereinten Nationen für Wirtschaft und
Menschenrechte in Einklang? Nähere Angaben:
Es werden normenbasierte Filterkriterien angewendet: Emittenten, bei denen festgestellt wurde, dass sie sich nicht in einer Weise verhalten, die ihrer grundlegenden Verantwortung in den Bereichen Menschenrechte, Arbeit, Umwelt und Korruptionsbekämpfung im Einklang mit internationalen Normen gerecht wird, darunter denjenigen, die in den OECD-Leitsätzen für multinationale Unternehmen, den Leitprinzipien der Vereinten Nationen für Wirtschaft und Menschenrechte, dem UN Global Compact (UNGC) und den IAO-Standards der Internationalen Arbeitsorganisation (ILO) festgelegt sind, kommen für nachhaltige Investitionen nicht infrage.
In der EU-Taxonomie ist der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" festgelegt, nach dem taxonomiekonforme Investitionen die Ziele der EU-Taxonomie nicht erheblich beeinträchtigen dürfen, und es sind spezifische EU-Kriterien beigefügt. Der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" findet nur bei denjenigen dem Finanzprodukt zugrunde liegenden Investitionen Anwendung, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten berücksichtigen. Die dem verbleibenden Teil dieses  Finanzprodukts zugrunde  liegenden Investitionen berücksichtigen nicht die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten. Alle anderen nachhaltigen Investitionen dürfen ökologische oder soziale Ziele ebenfalls nicht erheblich beeinträchtigen.

###### Werden bei diesem Finanzprodukt die wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Ja
- NeinDie wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren werden mit Hilfe einer Vielzahl von Instrumenten berücksichtigt und in Anlageentscheidungen einbezogen. Hierzu zählen:
- Due Diligence – Analyse, ob die wichtigsten nachteiligen Auswirkungen (PAI) wesentlich und negativ sind.
- ESG-Rating – Fidelity bezieht sich auf ESG-Ratings, die wesentliche nachteilige Auswirkungen wie CO2-Emissionen, Mitarbeitersicherheit, Bestechung und Korruption sowie Wassermanagement berücksichtigen, und bei den von Staaten ausgegebenen Wertpapieren berücksichtigen die verwendeten Ratings wichtige nachteilige Auswirkungen (PAI) wie CO2-Emissionen, Sozialverstöße und die Meinungsfreiheit.
- Ausschlusskriterien – Bei Direktanlagen in Unternehmen als Emittenten wendet der Teilfonds die (unten definierten) Ausschlusskriterien an, um die wichtigsten nachteiligen Auswirkungen abzumildern. Dazu schließt er schädliche Sektoren aus und verbietet Investitionen in Emittenten, die gegen internationale Standards wie den UNGC verstoßen.
- Mitwirkung – Fidelity nutzt Mitwirkung als ein Instrument, um die wichtigsten nachteiligen Auswirkungen besser zu verstehen und sich unter bestimmten Umständen für die Abmilderung der wichtigsten nachteiligen Auswirkungen einzusetzen. Fidelity beteiligt sich an relevanten individuellen und kollaborativen Arten der Mitwirkung, die auf eine Reihe von wichtigen negativen Auswirkungen abzielen (z. B. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Abstimmungsverhalten – Die Abstimmungspolitik von Fidelity umfasst bei Unternehmen als Emittenten explizite Mindeststandards für die Geschlechtervielfalt im Aufsichtsrat und die Auseinandersetzung mit dem Klimawandel. Fidelity kann auch auf eine Weise abstimmen, dass die wichtigsten nachteiligen Auswirkungen abgemildert werden.
- Vierteljährliche Überprüfungen – Überwachung der wichtigsten nachteiligen Auswirkungen (PAI) durch den vierteljährlichen Überprüfungsprozess des Teilfonds.

Wenn es um die Frage geht, ob Investitionen eine wesentliche nachteilige Auswirkung haben, berücksichtigt Fidelity für jeden Nachhaltigkeitsfaktor spezifische Indikatoren. Diese Indikatoren hängen von der Datenverfügbarkeit ab und können sich mit zunehmender Datenqualität und
-verfügbarkeit weiterentwickeln.
Informationen über die wichtigsten nachteiligen Auswirkungen werden im Jahresbericht des Teilfonds zur Verfügung gestellt.

###### Welche Anlagestrategie wird mit diesem Finanzprodukt verfolgt?
Die Anlagestrategie dient aIs Richtschnur für Investitionsentscheidun- gen, wobei bestimmte Kriterien wie beispielsweise Investitionsziele oder Risikotoleranz
berücksichtigt werden.
Der Teilfonds gehört zur Familie der Fidelity Nachhaltigkeitsfonds und verfolgt eine auf Nachhaltigkeit ausgerichtete Strategie, nach der mindestens 70% des Nettovermögens des Teilfonds in Wertpapiere investiert werden, die gute ESG-Eigenschaften aufweisen.
Ob ESG-Eigenschaften gut sind, wird anhand von ESG-Ratings externer Agenturen und von Fidelity ESG-Ratings ermittelt.
Emittenten, deren Rating sie für die Zwecke des Primärziels (mindestens 70% des Vermögens) als ungeeignet zur Einstufung als Unternehmen mit guten ESG-Eigenschaften erscheinen lässt, können im Umfang von bis zu 30% des Nettovermögens aufgenommen werden, sofern sie nachweisen können, dass sie sich hinsichtlich ihrer ESG-Eigenschaften auf dem Weg der Besserung befinden.
Der Teilfonds strebt einen im Vergleich zum J.P. Morgan Asia Credit Index kleineren CO2-Fußabdruck an.
In Bezug auf seine Direktanlagen berücksichtigt der Teilfonds:
- eine unternehmensweite Ausschlussliste, die Streumunition und Antipersonenminen umfasst, und
- eine prinzipienbasierte Ausschlussrichtlinie, die Folgendes beinhaltet:
	- eine normenbasierte Filterung von Emittenten, die nach Auffassung des Investmentmanagers ihre Geschäfte nicht in Übereinstimmung mit internationalen Normen, darunter denen des UNGC, geführt haben; und
	- ein Filterkriterium, durch das bestimmte Sektoren, Emittenten oder Praktiken auf der Grundlage konkreter ESG-Kriterien ausgeschlossen werden können, wobei für diese Kriterien möglicherweise auch Umsatzschwellen angewendet werden.


Die oben genannten Ausschluss- und Filterkriterien (die „Ausschlusskriterien“) werden möglicherweise von Zeit zu Zeit aktualisiert. Weitere Informationen erhalten Sie auf der Website Sustainable investing framework (fidelityinternational.com).
Es steht zudem im Ermessen des Investmentmanagers, von Zeit zu Zeit erweiterte, strengere Nachhaltigkeitsanforderungen und Ausschlusskriterien anzuwenden.
Worin bestehen die verbindlichen Elemente der Anlagestrategie, die für die Auswahl der Investitionen zur Erfüllung der beworbenen ökologischen oder sozialen Ziele verwendet werden?
Der Teilfonds investiert:
- mindestens 70% seines Vermögens in Emittenten mit guten ESG-Eigenschaften; und
- mindestens 10% in nachhaltige Anlagen, von denen mindestens 0% ein Umweltziel verfolgen, das sich an der EU-Taxonomie orientiert, mindestens 1% ein Umweltziel, das sich nicht an der EU-Taxonomie orientiert, und mindestens 1% ein Sozialziel.

Darüber hinaus wird der Teilfonds systematisch die oben beschriebenen Ausschlusskriterien anwenden.
Um welchen Mindestsatz wird der Umfang der vor der Anwendung dieser Anlagestrategie in Betracht gezogenen Investitionen reduziert?
Diese Frage ist hier nicht relevant.
Die Verfahrensweisen einer guten
Unternehmensführung umfassen solide Managementstrukturen, die Beziehungen zu den Arbeitnehmern, die Vergütung von Mitarbeitern sowie die Einhaltung der Steuervorschriften.
Wie werden die Verfahrensweisen einer guten Unternehmensführung der Unternehmen, in die investiert wird, bewertet?
Die Governance-Praktiken der Emittenten werden anhand von Fundamentalresearch bewertet, darunter im Rahmen der von externen Agenturen und Fidelity bereitgestellten ESG-Ratings.
Zu den wichtigsten der analysierten Fragen gehören die Erfolgsbilanz hinsichtlich: Kapitalallokation, finanzieller Transparenz, Transaktionen mit nahestehenden Unternehmen und Personen, Unabhängigkeit und Größe des Vorstands, Vergütung von Führungskräften, Wirtschaftsprüfung und interner Revision, Rechte der Minderheitsaktionäre und anderer Indikatoren. Für staatliche Emittenten werden Faktoren wie Korruption und Meinungsfreiheit einbezogen.

###### Welche Vermögensallokation ist für dieses Finanzprodukt geplant?
Die Vermögensallokation gibt den jeweiligen Anteil der Investitionen in bestimmte Vermögenswerte an.
Taxonomiekonforme Tätigkeiten, ausgedrückt durch den Anteil der:
- Umsatzerlöse, die den Anteil der Einnahmen aus umweltfreundlichenAktivitäten der Unternehmen, in die investiert wird, widerspiegeln
- Investitionsausgaben (CapEx), die die umweltfreundlichen Investitionen der Unternehmen, in die investiert wird, aufzeigen,z.B. für den Übergang zu einer grünen Wirtschaft- Betriebsausgaben (OpEx), die die umweltfreundlichenbetrieblichen Aktivitäten der Unternehmen, in die investiert wird, widerspiegeln(#1 Ausgerichtet an E/S-Eigenschaften) Der Teilfonds investiert:
- mindestens 70% seines	Vermögens	in	Wertpapieren	von	Emittenten	mit	guten ESG-Eigenschaften;
- mindestens 10% seines Vermögens in nachhaltigen (#1A nachhaltig), von denen mindestens 0% ein	ökologisches	Ziel	(das	mit	der	EU-Taxonomie	übereinstimmt), mindestens 1% ein ökologisches Ziel (das nicht mit der EU-Taxonomie übereinstimmt) und mindestens 1% ein Sozialziel haben. Die übrigen nachhaltigen Anlagen des Teilfonds können ein Umwelt- oder Sozialziel verfolgen.

Sonstige Umweltziele 1%
(#1B Sonstige E/S-Eigenschaften) Umfasst Wertpapiere von Emittenten mit guten ESG-Eigenschaften, die aber keine nachhaltigen Anlagen sind.
#1A Nachhaltige
Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale
70%
Investitionen 10%
#1B Andere ökologische oder soziale Merkmale
Soziales 1%
#2 Andere Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst Investitionen des Finanzprodukts, die zur Erreichung der beworbenen ökologischen oder sozialen Merkmale getätigt wurden.
#2 Andere Investitionen umfasst die übrigen Investitionen des Finanzprodukts, die weder auf ökologische oder soziale Merkmale ausgerichtet sind noch als nachhaltige Investitionen eingestuft werden.
Die Kategorie #1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst folgende Unterkategorien:
Die Unterkategorie #1A Nachhaltige Investitionen umfasst nachhaltige Investitionen mit ökologischen oder sozialen Zielen.
Die Unterkategorie #1B Andere ökologische oder soziale Merkmale umfasst Investitionen, die auf ökologische oder soziale Merkmale ausgerichtet sind, aber nicht als nachhaltige Investitionen eingestuft werden.
Inwiefern werden durch den Einsatz von Derivaten die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht?
Wenn das einem Derivat zugrunde liegende Wertpapier im Einklang mit dem System für nachhaltiges Investieren von Fidelity gute ESG-Eigenschaften aufweist, darf das Derivat zur Feststellung des Teilfondsanteils berücksichtigt werden, der Umwelt- oder Sozialeigenschaften fördert.
In welchem Mindestmaß sind nachhaltige Investitionen mit einem Umweltziel mit der EU-Taxonomie konform?
Der Teilfonds investiert mindestens 0% in nachhaltige Anlagen mit einem Umweltziel, die mit der EU-Taxonomie konform sind.
Die Konformität der Anlagen des Teilfonds mit der EU-Taxonomie wird nicht durch Wirtschaftsprüfer oder mittels einer Überprüfung durch Dritte sichergestellt.
Die Ausrichtung der zugrunde liegenden Anlagen des Teilfonds an der EU-Taxonomie wird anhand des Umsatzes gemessen.
Investiert das Finanzprodukt in Aktivitäten im Zusammenhang mit fossilem Gas und/oder Kernenergie, die der EU-Taxonomie¹ entsprechen?
- JaNein
- In fossiles Gas	In KernenergieWie hoch ist der Mindestanteil der Investitionen in Übergangstätigkeiten und ermöglichende Tätigkeiten?

Der Teilfonds investiert mindestens 0% in Übergangstätigkeiten und ermöglichende Tätigkeiten.
Wie hoch ist der Mindestanteil nachhaltiger Investitionen mit einem Umweltziel, die nicht mit der EU-Taxonomie konform sind?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Umweltziel, das nicht mit der EU-Taxonomie konform ist.
Die Anlagen können zwar mit der EU-Taxonomie konform sein, aber der Investmentmanager ist derzeit nicht in der Lage, den genauen Anteil der Anlagen des Teilfonds anzugeben, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftstätigkeiten berücksichtigen. Die Position wird jedoch weiterhin überprüft, wenn die zugrunde liegenden Regeln festgelegt sind und im Laufe der Zeit mehr zuverlässige Daten zur Verfügung stehen.
¹ Tätigkeiten im Bereich fossiles Gas und/oder Kernenergie sind nur dann EU-taxonomiekonform, wenn sie zur Eindämmung des Klimawandels („Klimaschutz“) beitragen und kein Ziel der EU-Taxonomie erheblich beeinträchtigen – siehe Erläuterung am linken Rand. Die vollständigen Kriterien für EU-taxonomiekonforme Wirtschaftstätigkeiten im Bereich fossiles Gas und Kernenergie sind in der Delegierten Verordnung (EU) 2022/1214 der Kommission festgelegt.
Wie hoch ist der Mindestanteil der sozial nachhaltigen Investitionen?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Sozialziel.
Welche Investitionen fallen unter ,,#2 Andere Investitionen", welcher Anlagezweck wird mit ihnen verfolgt und gibt es einen ökologischen oder sozialen Mindestschutz?
Die verbleibenden Anlagen des Teilfonds können in Wertpapieren von Emittenten erfolgen, die nachweisen können, dass sie sich in Bezug auf ihre ESG-Eigenschaften auf einem Kurs der Verbesserung befinden, und für Liquiditätszwecke in liquiden Mitteln und liquiden Mitteln gleichstehenden Mitteln sowie in Derivaten, die als Anlagen und für ein effizientes Portfoliomanagement eingesetzt werden können.
Zur Gewährleistung eines Mindestmaßes an Umwelt- und Sozialabsicherungen wendet der Teilfonds die Ausschlusskriterien an.

###### Wurde ein Index als Referenzwert bestimmt, um festzustellen, ob dieses Finanzprodukt auf die beworbenen ökologischen und/oder sozialen Merkmale ausgerichtet ist?
Es wird kein bestimmter Index als Referenzbenchmark angegeben, um festzustellen, ob dieses Finanzprodukt zu den geförderten Umwelt- oder Sozialeigenschaften passt.
Bei den Referenzwerten handelt es sich um Indizes, mit denen gemessen wird, ob das Finanzprodukt die beworbenen ökologischen oder sozialen Merkmale erreicht.
Inwiefern ist der Referenzwert kontinuierlich auf die mit dem Finanzprodukt beworbenen ökologischen und sozialen Merkmale ausgerichtet?
Diese Frage ist hier nicht relevant.
Wie wird die kontinuierliche Ausrichtung der Anlagestrategie auf die Indexmethode sichergestellt?
Diese Frage ist hier nicht relevant.
Wie unterscheidet sich der bestimmte Index von einem relevanten breiten Marktindex?
Diese Frage ist hier nicht relevant.
Wo kann die Methode zur Berechnung des bestimmten Indexes eingesehen werden?
Diese Frage ist hier nicht relevant.

###### 	Wo kann ich im Internet weitere produktspezifische Informationen finden?
Weitere produktspezifische Informationen finden Sie auf der Website: https:/www.fidelity.lu/funds/factsheet/LU2386144906/tab-disclosure#SFDR-disclosure. 
Weitere Informationen zu den hier dargelegten Methoden finden Sie auf der Website: System fürnachhaltiges Investieren (fidelityinternational.com).
Vorvertragliche Informationen zu den in Artikel 8 Absätze 1, 2 und 2a der Verordnung (EU) 2019/2088 und Artikel 6 Absatz 1 der Verordnung (EU) 2020/852 genannten Finanzprodukten
Name des Produkts:	Unternehmenskennung (LEI- Code):
Fidelity Funds - China RMB Bond Fund	5493005X6HEWY2HZVZ41

###### Ökologische und/oder soziale Merkmale
| Werden mit diesem Finanzprodukt nachhaltige Investitionen angestrebt? |
| --- |
|  | - Ja
 |  | Nein |
| - Es wird damit ein MindestanteiI an nachhaltigen Investitionen mit einem Umweltziel getätigt:%
	- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie als ökologisch nachhaltig einzustufen sind
	- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie nicht als ökologisch nachhaltig einzustufen sind

- Es wird damit ein Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel getätigt:%
 | Es werden damit ökologische/soziale Merkmale beworben und obwohl keine nachhaltigen Investitionen angestrebt werden, enthält es einen Mindestanteil von 5% an nachhaltigen Investitionen. - mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie als ökologisch nachhaltig einzustufen sindmit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie nicht als ökologisch nachhaltig einzustufen sindmit einem sozialen Ziel
- Es	werden		damit	ökologische/soziale Merkmale	beworben,		aber	keinenachhaltigen Investitionen getätigt.
 |

Welche ökologischen und/ oder sozialen Merkmale werden mit diesem Finanzprodukt beworben?
Mit Nachhaltigkeitsin- dikatoren wird gemessen, inwieweit die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht werden.
Der Teilfonds fördert Umwelt- und Sozialeigenschaften, indem er in Wertpapiere von Emittenten mit guten ESG-Eigenschaften investiert. Gute ESG-Eigenschaften werden anhand von ESG-Ratings ermittelt. ESG-Ratings berücksichtigen Umwelteigenschaften wie CO2-Intensität, CO2-Emissionen, Energieeffizienz, Wasser- und Abfallmanagement und Biodiversität sowie Sozialeigenschaften wie Produktsicherheit, Lieferkette, Gesundheit und Sicherheit sowie Menschenrechte.
Der Teilfonds ist in gewissem Maße bestrebt, nachhaltige Anlagen zu tätigen.
Es wird keine Referenzbenchmark festgelegt, um die geförderten Umwelt- und Sozialeigenschaften zu erreichen.
einzelnen ökologischen oder sozialen Merkmale, die durch dieses Finanzprodukt beworben werden, herangezogen?
Der Teilfonds verwendet die folgenden Nachhaltigkeitsindikatoren, um die Ausprägung der von ihm geförderten Umwelt- oder Sozialeigenschaften zu messen:
- der  Prozentsatz des Teilfonds, der in Wertpapieren von Emittenten mit guten ESG-Eigenschaften im Einklang mit dem System für nachhaltiges Investieren von Fidelity investiert ist;
- der Prozentsatz des Teilfonds, der in Wertpapiere von Emittenten investiert ist, auf die Ausschlusskriterien (wie unten definiert) zutreffen;
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen investiert ist; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel bei Wirtschaftsaktivitäten investiert ist, die gemäß der EU-Taxonomie als ökologisch nachhaltig gelten; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel investiert ist.

Welches sind die Ziele der nachhaltigen Investitionen, die mit dem
Finanzprodukt teilweise getätigt werden sollen, und wie trägt die nachhaltige Investition zu diesen Zielen bei?
Für den Teilfonds gilt eine Anlage in folgende Emittenten als nachhaltig:
- Emittenten, die wirtschaftliche Tätigkeiten ausüben, die zu einem oder mehreren der in der EU-Taxonomie festgelegten Umweltziele beitragen und gemäß der EU-Taxonomie als ökologisch nachhaltig gelten; oder
- Emittenten, bei denen der Großteil ihrer Geschäftstätigkeit (mehr als 50% des Umsatzes) zu Umwelt- oder Sozialzielen beiträgt, die mit einem oder mehreren der Ziele der Vereinten Nationen für nachhaltige Entwicklung („SDG“) in Einklang stehen; oder
- Emittenten, die ein Dekarbonisierungsziel festgelegt haben, das mit einem Temperaturanstiegsszenario mit 1,5 Grad oder weniger vereinbar ist (überprüft durch die Science Based Target Initiative oder ein Fidelity Proprietary Climate Rating), das als Beitrag zu Umweltzielen angesehen wird;sofern sie keinen wesentlichen Schaden anrichten, Mindestabsicherungen bieten und gute Governance-Kriterien aufweisen.

teilweise getätigt werden sollen, keinem der ökologischen oder sozialen nachhaltigen Anlageziele erheblich schaden?
Nachhaltige Anlagen werden auf ihre Beteiligung an Aktivitäten überprüft, die erheblichen Schaden und Kontroversen verursachen, und durch eine Kontrolle bewertet, ob der Emittent Mindestabsicherungen und -standards hinsichtlich der wichtigsten nachteiligen Auswirkungen (PAI) sowie die Leistung bei den PAI-Kennzahlen umsetzt bzw. erfüllt. Dazu gehören:
- Normenbasierte Filterkriterien – das Filtern von Wertpapieren, die gemäß den bestehenden (unten beschriebenen) normenbasierten Filterkriterien von Fidelity ermittelt wurden, anhand von:
- aktivitätsbasierten Filterkriterien – das Filtern von Emittenten auf der Grundlage ihrer Beteiligung an Aktivitäten mit erheblichen negativen Auswirkungen auf die Gesellschaft oder die Umwelt, darunter Emittenten, bei denen aufgrund der Filterkriterien für Kontroversen eine„sehr gravierende“ Kontroverse vorliegt, die im Bereich
- Umwelt,
- Menschenrechte und Gemeinschaften,
- Arbeitnehmerrechte und Lieferkette,
- Kunden,
- Governance angesiedelt ist; und anhand von
	- PAI-Indikatoren. Quantitative Daten (sofern verfügbar) zu PAI-Indikatoren werden verwendet, um zu bewerten, ob ein Emittent an Aktivitäten beteiligt ist, die einem Umwelt- oder Sozialziel erheblichen Schaden zufügen.


Bei den wichtigsten nachteiligen Auswirkungen handelt es sich um die bedeutendsten nachteiligen Auswirkungen von Investitionsentscheidun- gen auf NachhaItigkeitsfaktoren in den Bereichen Umwelt, Soziales und Beschäftigung, Achtung der Menschenrechte und Bekämpfung von Korruption und Bestechung.
Wie wurden die Indikatoren für nachteilige Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Für nachhaltige Anlagen, wie oben beschrieben, führt Fidelity eine quantitative Bewertung durch, um Emittenten mit einer problematischen Leistung bei PAI-Indikatoren zu ermitteln. Emittenten mit einer niedrigen Punktzahl kommen nur dann für „nachhaltige Anlagen“ infrage, wenn die Fundamentalresearch von Fidelity feststellt, dass der Emittent nicht gegen die Anforderungen verstößt, „keinen wesentlichen Schaden anrichtet“ oder sich auf einem Weg befindet, um die nachteiligen Auswirkungen durch effektives Management oder einen Übergang abzumildern.
Wie stehen die nachhaltigen Investitionen mit den OECD-Leitsätzen für multinationale Unternehmen und den Leitprinzipien der Vereinten Nationen für Wirtschaft und
Menschenrechte in Einklang? Nähere Angaben:
Es werden normenbasierte Filterkriterien angewendet: Emittenten, bei denen festgestellt wurde, dass sie sich nicht in einer Weise verhalten, die ihrer grundlegenden Verantwortung in den Bereichen Menschenrechte, Arbeit, Umwelt und Korruptionsbekämpfung im Einklang mit internationalen Normen gerecht wird, darunter denjenigen, die in den OECD-Leitsätzen für multinationale Unternehmen, den Leitprinzipien der Vereinten Nationen für Wirtschaft und Menschenrechte, dem UN Global Compact (UNGC) und den IAO-Standards der Internationalen Arbeitsorganisation (ILO) festgelegt sind, kommen für nachhaltige Investitionen nicht infrage.
In der EU-Taxonomie ist der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" festgelegt, nach dem taxonomiekonforme Investitionen die Ziele der EU-Taxonomie nicht erheblich beeinträchtigen dürfen, und es sind spezifische EU-Kriterien beigefügt. Der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" findet nur bei denjenigen dem Finanzprodukt zugrunde liegenden Investitionen Anwendung, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten berücksichtigen. Die dem verbleibenden Teil dieses  Finanzprodukts zugrunde  liegenden Investitionen berücksichtigen nicht die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten. Alle anderen nachhaltigen Investitionen dürfen ökologische oder soziale Ziele ebenfalls nicht erheblich beeinträchtigen.

###### Werden bei diesem Finanzprodukt die wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Ja
- NeinDie wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren werden mit Hilfe einer Vielzahl von Instrumenten berücksichtigt und in Anlageentscheidungen einbezogen. Hierzu zählen:
- Due Diligence – Analyse, ob die wichtigsten nachteiligen Auswirkungen (PAI) wesentlich und negativ sind.
- ESG-Rating – Fidelity bezieht sich auf ESG-Ratings, die wesentliche nachteilige Auswirkungen wie CO2-Emissionen, Mitarbeitersicherheit, Bestechung und Korruption sowie Wassermanagement berücksichtigen, und bei den von Staaten ausgegebenen Wertpapieren berücksichtigen die verwendeten Ratings wichtige nachteilige Auswirkungen (PAI) wie CO2-Emissionen, Sozialverstöße und die Meinungsfreiheit.
- Ausschlusskriterien – Bei Direktanlagen in Unternehmen als Emittenten wendet der Teilfonds die (unten definierten) Ausschlusskriterien an, um die wichtigsten nachteiligen Auswirkungen abzumildern. Dazu schließt er schädliche Sektoren aus und verbietet Investitionen in Emittenten, die gegen internationale Standards wie den UNGC verstoßen.
- Mitwirkung – Fidelity nutzt Mitwirkung als ein Instrument, um die wichtigsten nachteiligen Auswirkungen besser zu verstehen und sich unter bestimmten Umständen für die Abmilderung der wichtigsten nachteiligen Auswirkungen einzusetzen. Fidelity beteiligt sich an relevanten individuellen und kollaborativen Arten der Mitwirkung, die auf eine Reihe von wichtigen negativen Auswirkungen abzielen (z. B. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Abstimmungsverhalten – Die Abstimmungspolitik von Fidelity umfasst bei Unternehmen als Emittenten explizite Mindeststandards für die Geschlechtervielfalt im Aufsichtsrat und die Auseinandersetzung mit dem Klimawandel. Fidelity kann auch auf eine Weise abstimmen, dass die wichtigsten nachteiligen Auswirkungen abgemildert werden.
- Vierteljährliche Überprüfungen – Überwachung der wichtigsten nachteiligen Auswirkungen (PAI) durch den vierteljährlichen Überprüfungsprozess des Teilfonds.

Wenn es um die Frage geht, ob Investitionen eine wesentliche nachteilige Auswirkung haben, berücksichtigt Fidelity für jeden Nachhaltigkeitsfaktor spezifische Indikatoren. Diese Indikatoren hängen von der Datenverfügbarkeit ab und können sich mit zunehmender Datenqualität und
-verfügbarkeit weiterentwickeln.
Informationen über die wichtigsten nachteiligen Auswirkungen werden im Jahresbericht des Teilfonds zur Verfügung gestellt.
Die Anlagestrategie dient aIs Richtschnur für Investitionsentscheidun- gen, wobei bestimmte Kriterien wie beispielsweise Investitionsziele oder Risikotoleranz
berücksichtigt werden.
Mindestens 50% des Nettovermögens des Teilfonds werden in Wertpapiere investiert, die gute ESG-Eigenschaften aufweisen.
Ob ESG-Eigenschaften gut sind, wird anhand von ESG-Ratings externer Agenturen und von Fidelity ESG-Ratings ermittelt.
In Bezug auf seine Direktanlagen in Unternehmensemittenten berücksichtigt der Teilfonds:
a) eine unternehmensweite Ausschlussliste, die Streumunition und Antipersonenlandminen umfasst; und
- eine normenbasierte Filterung von Emittenten, die nach Ansicht des Investmentmanagers ihre Geschäfte nicht in Übereinstimmung mit internationalen Normen, darunter den im UNGC festgelegten, durchgeführt haben.

Die oben genannten Ausschluss- und Filterkriterien (die „Ausschlusskriterien“) werden möglicherweise von Zeit zu Zeit aktualisiert. Weitere Informationen erhalten Sie auf der Website Sustainable investing framework (fidelityinternational.com).
Es steht zudem im Ermessen des Investmentmanagers, von Zeit zu Zeit erweiterte, strengere Nachhaltigkeitsanforderungen und Ausschlusskriterien anzuwenden.
Worin bestehen die verbindlichen Elemente der Anlagestrategie, die für die Auswahl der Investitionen zur Erfüllung der beworbenen ökologischen oder sozialen Ziele verwendet werden?
Der Teilfonds investiert:
- mindestens 50% seines Vermögens in Emittenten mit guten ESG-Eigenschaften;
- mindestens 5% in nachhaltige Anlagen, von denen mindestens 0% ein Umweltziel verfolgen (das sich an der EU-Taxonomie orientiert), mindestens 1% ein Umweltziel (das sich nicht an der EU-Taxonomie orientiert) und mindestens 1% ein Sozialziel.

Darüber hinaus wird der Teilfonds systematisch die oben beschriebenen Ausschlusskriterien anwenden.
Um welchen Mindestsatz wird der Umfang der vor der Anwendung dieser Anlagestrategie in Betracht gezogenen Investitionen reduziert?
Diese Frage ist hier nicht relevant.
Die Verfahrensweisen einer guten
Unternehmensführung umfassen solide Managementstrukturen, die Beziehungen zu den Arbeitnehmern, die Vergütung von Mitarbeitern sowie die Einhaltung der Steuervorschriften.
Wie werden die Verfahrensweisen einer guten Unternehmensführung der Unternehmen, in die investiert wird, bewertet?
Die Governance-Praktiken der Emittenten werden anhand von Fundamentalresearch bewertet, darunter im Rahmen der von externen Agenturen oder Fidelity bereitgestellten ESG-Ratings.
Zu den wichtigsten der analysierten Fragen gehören die Erfolgsbilanz hinsichtlich: Kapitalallokation, finanzieller Transparenz, Transaktionen mit nahestehenden Unternehmen und Personen, Unabhängigkeit und Größe des Vorstands, Vergütung von Führungskräften, Wirtschaftsprüfung und interner Revision, Rechte der Minderheitsaktionäre und anderer Indikatoren. Für staatliche Emittenten werden Faktoren wie Korruption und Meinungsfreiheit einbezogen.
Die Vermögensallokation gibt den jeweiligen Anteil der Investitionen in bestimmte Vermögenswerte an.
Taxonomiekonforme Tätigkeiten, ausgedrückt durch den Anteil der:
- Umsatzerlöse, die den Anteil der Einnahmen aus umweltfreundlichenAktivitäten der Unternehmen, in die investiert wird, widerspiegeln
- Investitionsausgaben (CapEx), die die umweltfreundlichen Investitionen der Unternehmen, in die investiert wird, aufzeigen,z.B. für den Übergang zu einer grünen Wirtschaft- Betriebsausgaben (OpEx), die die umweltfreundlichenbetrieblichen Aktivitäten der Unternehmen, in die investiert wird, widerspiegeln(#1 Ausgerichtet an E/S-Eigenschaften) Der Teilfonds investiert:
- mindestens 50% seines	Vermögens	in	Wertpapieren	von	Emittenten	mit	guten ESG-Eigenschaften;
- mindestens 5% seines Vermögens in nachhaltigen (#1A nachhaltig), von denen mindestens 0% ein	ökologisches	Ziel	(das	mit	der	EU-Taxonomie	übereinstimmt), mindestens 1% ein ökologisches Ziel (das nicht mit der EU-Taxonomie übereinstimmt) und mindestens 1% ein Sozialziel haben. Die übrigen nachhaltigen Anlagen des Teilfonds können ein Umwelt- oder Sozialziel verfolgen.

Sonstige Umweltziele 1%
(#1B Sonstige E/S-Eigenschaften) Umfasst Wertpapiere von Emittenten mit guten ESG-Eigenschaften, die aber keine nachhaltigen Anlagen sind.
Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale
50%
#1A Nachhaltige Investitionen
5%
#1B Andere ökologische oder soziale Merkmale
Soziales 1%
#2 Andere Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst Investitionen des Finanzprodukts, die zur Erreichung der beworbenen ökologischen oder sozialen Merkmale getätigt wurden.
#2 Andere Investitionen umfasst die übrigen Investitionen des Finanzprodukts, die weder auf ökologische oder soziale Merkmale ausgerichtet sind noch als nachhaltige Investitionen eingestuft werden.
Die Kategorie #1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst folgende Unterkategorien:
Die Unterkategorie #1A Nachhaltige Investitionen umfasst nachhaltige Investitionen mit ökologischen oder sozialen Zielen.
Die Unterkategorie #1B Andere ökologische oder soziale Merkmale umfasst Investitionen, die auf ökologische oder soziale Merkmale ausgerichtet sind, aber nicht als nachhaltige Investitionen eingestuft werden.
Inwiefern werden durch den Einsatz von Derivaten die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht?
Wenn das einem Derivat zugrunde liegende Wertpapier im Einklang mit dem System für nachhaltiges Investieren von Fidelity gute ESG-Eigenschaften aufweist, darf das Derivat zur Feststellung des Teilfondsanteils berücksichtigt werden, der Umwelt- oder Sozialeigenschaften fördert.
In welchem Mindestmaß sind nachhaltige Investitionen mit einem Umweltziel mit der EU-Taxonomie konform?
Der Teilfonds investiert mindestens 0% in nachhaltige Anlagen mit einem Umweltziel, die mit der EU-Taxonomie konform sind.
Die Konformität der Anlagen des Teilfonds mit der EU-Taxonomie wird nicht durch Wirtschaftsprüfer oder mittels einer Überprüfung durch Dritte sichergestellt.
Die Ausrichtung der zugrunde liegenden Anlagen des Teilfonds an der EU-Taxonomie wird anhand des Umsatzes gemessen.
Investiert das Finanzprodukt in Aktivitäten im Zusammenhang mit fossilem Gas und/oder Kernenergie, die der EU-Taxonomie¹ entsprechen?
- JaNein
- In fossiles Gas	In KernenergieWie hoch ist der Mindestanteil der Investitionen in Übergangstätigkeiten und ermöglichende Tätigkeiten?

Der Teilfonds investiert mindestens 0% in Übergangstätigkeiten und ermöglichende Tätigkeiten.
Wie hoch ist der Mindestanteil nachhaltiger Investitionen mit einem Umweltziel, die nicht mit der EU-Taxonomie konform sind?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Umweltziel, das nicht mit der EU-Taxonomie konform ist.
Die Anlagen können zwar mit der EU-Taxonomie konform sein, aber der Investmentmanager ist derzeit nicht in der Lage, den genauen Anteil der Anlagen des Teilfonds anzugeben, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftstätigkeiten berücksichtigen. Die Position wird jedoch weiterhin überprüft, wenn die zugrunde liegenden Regeln festgelegt sind und im Laufe der Zeit mehr zuverlässige Daten zur Verfügung stehen.
¹ Tätigkeiten im Bereich fossiles Gas und/oder Kernenergie sind nur dann EU-taxonomiekonform, wenn sie zur Eindämmung des Klimawandels („Klimaschutz“) beitragen und kein Ziel der EU-Taxonomie erheblich beeinträchtigen – siehe Erläuterung am linken Rand. Die vollständigen Kriterien für EU-taxonomiekonforme Wirtschaftstätigkeiten im Bereich fossiles Gas und Kernenergie sind in der Delegierten Verordnung (EU) 2022/1214 der Kommission festgelegt.
Wie hoch ist der Mindestanteil der sozial nachhaltigen Investitionen?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Sozialziel.
Welche Investitionen fallen unter ,,#2 Andere Investitionen", welcher Anlagezweck wird mit ihnen verfolgt und gibt es einen ökologischen oder sozialen Mindestschutz?
Die verbleibenden Anlagen des Teilfonds erfolgen in Instrumenten, die zum Finanzziel des Teilfonds passen, und für Liquiditätszwecke in liquiden Mitteln und liquiden Mitteln gleichstehenden Mitteln sowie in Derivaten, die als Anlagen und für eine effiziente Portfolioverwaltung eingesetzt werden können.
Zur Gewährleistung eines Mindestmaßes an Umwelt- und Sozialabsicherungen wendet der Teilfonds die Ausschlusskriterien an.

###### Wurde ein Index als Referenzwert bestimmt, um festzustellen, ob dieses Finanzprodukt auf die beworbenen ökologischen und/oder sozialen Merkmale ausgerichtet ist?
Es wird kein bestimmter Index als Referenzbenchmark angegeben, um festzustellen, ob dieses Finanzprodukt zu den geförderten Umwelt- oder Sozialeigenschaften passt.
Bei den Referenzwerten handelt es sich um Indizes, mit denen gemessen wird, ob das Finanzprodukt die beworbenen ökologischen oder sozialen Merkmale erreicht.
Inwiefern ist der Referenzwert kontinuierlich auf die mit dem Finanzprodukt beworbenen ökologischen und sozialen Merkmale ausgerichtet?
Diese Frage ist hier nicht relevant.
Wie wird die kontinuierliche Ausrichtung der Anlagestrategie auf die Indexmethode sichergestellt?
Diese Frage ist hier nicht relevant.
Wie unterscheidet sich der bestimmte Index von einem relevanten breiten Marktindex?
Diese Frage ist hier nicht relevant.
Wo kann die Methode zur Berechnung des bestimmten Indexes eingesehen werden?
Diese Frage ist hier nicht relevant.

###### 	Wo kann ich im Internet weitere produktspezifische Informationen finden?
Weitere produktspezifische Informationen finden Sie auf der Website: https:/www.fidelity.lu/funds/factsheet/LU0740036131/tab-disclosure#SFDR-disclosure. 
Weitere Informationen zu den hier dargelegten Methoden finden Sie auf der Website: System fürnachhaltiges Investieren (fidelityinternational.com).
Vorvertragliche Informationen zu den in Artikel 8 Absätze 1, 2 und 2a der Verordnung (EU) 2019/2088 und Artikel 6 Absatz 1 der Verordnung (EU) 2020/852 genannten Finanzprodukten
Name des Produkts:	Unternehmenskennung (LEI- Code):
Fidelity Funds - Emerging Market Corporate Debt Fund	549300CUU5R1E8GYA005

###### Ökologische und/oder soziale Merkmale
| Werden mit diesem Finanzprodukt nachhaltige Investitionen angestrebt? |
| --- |
|  | - Ja
 |  | Nein |
| - Es wird damit ein MindestanteiI an nachhaltigen Investitionen mit einem Umweltziel getätigt:%
	- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie als ökologisch nachhaltig einzustufen sind
	- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie nicht als ökologisch nachhaltig einzustufen sind

- Es wird damit ein Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel getätigt:%
 | Es werden damit ökologische/soziale Merkmale beworben und obwohl keine nachhaltigen Investitionen angestrebt werden, enthält es einen Mindestanteil von 5% an nachhaltigen Investitionen. - mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie als ökologisch nachhaltig einzustufen sindmit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie nicht als ökologisch nachhaltig einzustufen sindmit einem sozialen Ziel
- Es	werden		damit	ökologische/soziale Merkmale	beworben,		aber	keinenachhaltigen Investitionen getätigt.
 |

Welche ökologischen und/ oder sozialen Merkmale werden mit diesem Finanzprodukt beworben?
Mit Nachhaltigkeitsin- dikatoren wird gemessen, inwieweit die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht werden.
Der Teilfonds fördert Umwelt- und Sozialeigenschaften, indem er in Wertpapiere von Emittenten mit guten ESG-Eigenschaften investiert. Gute ESG-Eigenschaften werden anhand von ESG-Ratings ermittelt. ESG-Ratings berücksichtigen Umwelteigenschaften wie CO2-Intensität, CO2-Emissionen, Energieeffizienz, Wasser- und Abfallmanagement und Biodiversität sowie Sozialeigenschaften wie Produktsicherheit, Lieferkette, Gesundheit und Sicherheit sowie Menschenrechte.
Der Teilfonds ist in gewissem Maße bestrebt, nachhaltige Anlagen zu tätigen.
Es wird keine Referenzbenchmark festgelegt, um die geförderten Umwelt- und Sozialeigenschaften zu erreichen.
einzelnen ökologischen oder sozialen Merkmale, die durch dieses Finanzprodukt beworben werden, herangezogen?
Der Teilfonds verwendet die folgenden Nachhaltigkeitsindikatoren, um die Ausprägung der von ihm geförderten Umwelt- oder Sozialeigenschaften zu messen:
- der  Prozentsatz des Teilfonds, der in Wertpapieren von Emittenten mit guten ESG-Eigenschaften im Einklang mit dem System für nachhaltiges Investieren von Fidelity investiert ist;
- der Prozentsatz des Teilfonds, der in Wertpapiere von Emittenten investiert ist, auf die Ausschlusskriterien (wie unten definiert) zutreffen;
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen investiert ist; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel bei Wirtschaftsaktivitäten investiert ist, die gemäß der EU-Taxonomie als ökologisch nachhaltig gelten; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel investiert ist.

Welches sind die Ziele der nachhaltigen Investitionen, die mit dem
Finanzprodukt teilweise getätigt werden sollen, und wie trägt die nachhaltige Investition zu diesen Zielen bei?
Für den Teilfonds gilt eine Anlage in folgende Emittenten als nachhaltig:
- Emittenten, die wirtschaftliche Tätigkeiten ausüben, die zu einem oder mehreren der in der EU-Taxonomie festgelegten Umweltziele beitragen und gemäß der EU-Taxonomie als ökologisch nachhaltig gelten; oder
- Emittenten, bei denen der Großteil ihrer Geschäftstätigkeit (mehr als 50% des Umsatzes) zu Umwelt- oder Sozialzielen beiträgt, die mit einem oder mehreren der Ziele der Vereinten Nationen für nachhaltige Entwicklung („SDG“) in Einklang stehen; oder
- Emittenten, die ein Dekarbonisierungsziel festgelegt haben, das mit einem Temperaturanstiegsszenario mit 1,5 Grad oder weniger vereinbar ist (überprüft durch die Science Based Target Initiative oder ein Fidelity Proprietary Climate Rating), das als Beitrag zu Umweltzielen angesehen wird;sofern sie keinen wesentlichen Schaden anrichten, Mindestabsicherungen bieten und gute Governance-Kriterien aufweisen.

teilweise getätigt werden sollen, keinem der ökologischen oder sozialen nachhaltigen Anlageziele erheblich schaden?
Nachhaltige Anlagen werden auf ihre Beteiligung an Aktivitäten überprüft, die erheblichen Schaden und Kontroversen verursachen, und durch eine Kontrolle bewertet, ob der Emittent Mindestabsicherungen und -standards hinsichtlich der wichtigsten nachteiligen Auswirkungen (PAI) sowie für die Leistung bei den PAI-Kennzahlen umsetzt bzw. erfüllt. Dazu gehören:
- Normenbasierte Filterkriterien – das Filtern von Wertpapieren, die gemäß den bestehenden (unten beschriebenen) normenbasierten Filterkriterien von Fidelity ermittelt wurden, anhand von:
- aktivitätsbasierten Filterkriterien – das Filtern von Emittenten auf der Grundlage ihrer Beteiligung an Aktivitäten mit erheblichen negativen Auswirkungen auf die Gesellschaft oder die Umwelt, darunter Emittenten, bei denen aufgrund der Filterkriterien für Kontroversen eine„sehr gravierende“ Kontroverse vorliegt, die im Bereich
- Umwelt,
- Menschenrechte und Gemeinschaften,
- Arbeitnehmerrechte und Lieferkette,
- Kunden,
- Governance angesiedelt ist; und anhand von
	- PAI-Indikatoren. Quantitative Daten (sofern verfügbar) zu PAI-Indikatoren werden verwendet, um zu bewerten, ob ein Emittent an Aktivitäten beteiligt ist, die einem Umwelt- oder Sozialziel erheblichen Schaden zufügen.


Bei den wichtigsten nachteiligen Auswirkungen handelt es sich um die bedeutendsten nachteiligen Auswirkungen von Investitionsentscheidun- gen auf NachhaItigkeitsfaktoren in den Bereichen Umwelt, Soziales und Beschäftigung, Achtung der Menschenrechte und Bekämpfung von Korruption und Bestechung.
Wie wurden die Indikatoren für nachteilige Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Für nachhaltige Anlagen, wie oben beschrieben, führt Fidelity eine quantitative Bewertung durch, um Emittenten mit einer problematischen Leistung bei PAI-Indikatoren zu ermitteln. Emittenten mit einer niedrigen Punktzahl kommen nur dann für „nachhaltige Anlagen“ infrage, wenn die Fundamentalresearch von Fidelity feststellt, dass der Emittent nicht gegen die Anforderungen verstößt, „keinen wesentlichen Schaden anrichtet“ oder sich auf einem Weg befindet, um die nachteiligen Auswirkungen durch effektives Management oder einen Übergang abzumildern.
Wie stehen die nachhaltigen Investitionen mit den OECD-Leitsätzen für multinationale Unternehmen und den Leitprinzipien der Vereinten Nationen für Wirtschaft und
Menschenrechte in Einklang? Nähere Angaben:
Es werden normenbasierte Filterkriterien angewendet: Emittenten, bei denen festgestellt wurde, dass sie sich nicht in einer Weise verhalten, die ihrer grundlegenden Verantwortung in den Bereichen Menschenrechte, Arbeit, Umwelt und Korruptionsbekämpfung im Einklang mit internationalen Normen gerecht wird, darunter denjenigen, die in den OECD-Leitsätzen für multinationale Unternehmen, den Leitprinzipien der Vereinten Nationen für Wirtschaft und Menschenrechte, dem UN Global Compact (UNGC) und den IAO-Standards der Internationalen Arbeitsorganisation (ILO) festgelegt sind, kommen für nachhaltige Investitionen nicht infrage.
In der EU-Taxonomie ist der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" festgelegt, nach dem taxonomiekonforme Investitionen die Ziele der EU-Taxonomie nicht erheblich beeinträchtigen dürfen, und es sind spezifische EU-Kriterien beigefügt. Der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" findet nur bei denjenigen dem Finanzprodukt zugrunde liegenden Investitionen Anwendung, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten berücksichtigen. Die dem verbleibenden Teil dieses  Finanzprodukts zugrunde  liegenden Investitionen berücksichtigen nicht die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten. Alle anderen nachhaltigen Investitionen dürfen ökologische oder soziale Ziele ebenfalls nicht erheblich beeinträchtigen.

###### Werden bei diesem Finanzprodukt die wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Ja
- NeinDie wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren werden mit Hilfe einer Vielzahl von Instrumenten berücksichtigt und in Anlageentscheidungen einbezogen. Hierzu zählen:
- Due Diligence – Analyse, ob die wichtigsten nachteiligen Auswirkungen (PAI) wesentlich und negativ sind.
- ESG-Rating – Fidelity bezieht sich auf ESG-Ratings, die wesentliche nachteilige Auswirkungen wie CO2-Emissionen, Mitarbeitersicherheit, Bestechung und Korruption sowie Wassermanagement berücksichtigen, und bei den von Staaten ausgegebenen Wertpapieren berücksichtigen die verwendeten Ratings wichtige nachteilige Auswirkungen (PAI) wie CO2-Emissionen, Sozialverstöße und die Meinungsfreiheit.
- Ausschlusskriterien – Bei Direktanlagen in Unternehmen als Emittenten wendet der Teilfonds die (unten definierten) Ausschlusskriterien an, um die wichtigsten nachteiligen Auswirkungen abzumildern. Dazu schließt er schädliche Sektoren aus und verbietet Investitionen in Emittenten, die gegen internationale Standards wie den UNGC verstoßen.
- Mitwirkung – Fidelity nutzt Mitwirkung als ein Instrument, um die wichtigsten nachteiligen Auswirkungen besser zu verstehen und sich unter bestimmten Umständen für die Abmilderung der wichtigsten nachteiligen Auswirkungen einzusetzen. Fidelity beteiligt sich an relevanten individuellen und kollaborativen Arten der Mitwirkung, die auf eine Reihe von wichtigen negativen Auswirkungen abzielen (z. B. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Abstimmungsverhalten – Die Abstimmungspolitik von Fidelity umfasst bei Unternehmen als Emittenten explizite Mindeststandards für die Geschlechtervielfalt im Aufsichtsrat und die Auseinandersetzung mit dem Klimawandel. Fidelity kann auch auf eine Weise abstimmen, dass die wichtigsten nachteiligen Auswirkungen abgemildert werden.
- Vierteljährliche Überprüfungen – Überwachung der wichtigsten nachteiligen Auswirkungen (PAI) durch den vierteljährlichen Überprüfungsprozess des Teilfonds.

Wenn es um die Frage geht, ob Investitionen eine wesentliche nachteilige Auswirkung haben, berücksichtigt Fidelity für jeden Nachhaltigkeitsfaktor spezifische Indikatoren. Diese Indikatoren hängen von der Datenverfügbarkeit ab und können sich mit zunehmender Datenqualität und
-verfügbarkeit weiterentwickeln.
Informationen über die wichtigsten nachteiligen Auswirkungen werden im Jahresbericht des Teilfonds zur Verfügung gestellt.
Die Anlagestrategie dient aIs Richtschnur für Investitionsentscheidun- gen, wobei bestimmte Kriterien wie beispielsweise Investitionsziele oder Risikotoleranz
berücksichtigt werden.
Mindestens 50% des Nettovermögens des Teilfonds werden in Wertpapiere investiert, die gute ESG-Eigenschaften aufweisen.
Ob ESG-Eigenschaften gut sind, wird anhand von ESG-Ratings externer Agenturen und von Fidelity ESG-Ratings ermittelt.
In Bezug auf seine Direktanlagen in Unternehmensemittenten berücksichtigt der Teilfonds:
a) eine unternehmensweite Ausschlussliste, die Streumunition und Antipersonenlandminen umfasst; und
- eine normenbasierte Filterung von Emittenten, die nach Ansicht des Investmentmanagers ihre Geschäfte nicht in Übereinstimmung mit internationalen Normen, darunter den im UNGC festgelegten, durchgeführt haben.

Die oben genannten Ausschluss- und Filterkriterien (die „Ausschlusskriterien“) werden möglicherweise von Zeit zu Zeit aktualisiert. Weitere Informationen erhalten Sie auf der Website Sustainable investing framework (fidelityinternational.com).
Es steht zudem im Ermessen des Investmentmanagers, von Zeit zu Zeit erweiterte, strengere Nachhaltigkeitsanforderungen und Ausschlusskriterien anzuwenden.
Worin bestehen die verbindlichen Elemente der Anlagestrategie, die für die Auswahl der Investitionen zur Erfüllung der beworbenen ökologischen oder sozialen Ziele verwendet werden?
Der Teilfonds investiert:
- mindestens 50% seines Vermögens in Emittenten mit guten ESG-Eigenschaften;
- mindestens 5% in nachhaltige Anlagen, von denen mindestens 0% ein Umweltziel verfolgen (das sich an der EU-Taxonomie orientiert), mindestens 1% ein Umweltziel (das sich nicht an der EU-Taxonomie orientiert) und mindestens 1% ein Sozialziel.

Darüber hinaus wird der Teilfonds systematisch die oben beschriebenen Ausschlusskriterien anwenden.
Um welchen Mindestsatz wird der Umfang der vor der Anwendung dieser Anlagestrategie in Betracht gezogenen Investitionen reduziert?
Diese Frage ist hier nicht relevant.
Die Verfahrensweisen einer guten
Unternehmensführung umfassen solide Managementstrukturen, die Beziehungen zu den Arbeitnehmern, die Vergütung von Mitarbeitern sowie die Einhaltung der Steuervorschriften.
Wie werden die Verfahrensweisen einer guten Unternehmensführung der Unternehmen, in die investiert wird, bewertet?
Die Governance-Praktiken der Emittenten werden anhand von Fundamentalresearch bewertet, darunter im Rahmen der von externen Agenturen oder Fidelity bereitgestellten ESG-Ratings.
Zu den wichtigsten der analysierten Fragen gehören die Erfolgsbilanz hinsichtlich: Kapitalallokation, finanzieller Transparenz, Transaktionen mit nahestehenden Unternehmen und Personen, Unabhängigkeit und Größe des Vorstands, Vergütung von Führungskräften, Wirtschaftsprüfung und interner Revision, Rechte der Minderheitsaktionäre und anderer Indikatoren. Für staatliche Emittenten werden Faktoren wie Korruption und Meinungsfreiheit einbezogen.
Die Vermögensallokation gibt den jeweiligen Anteil der Investitionen in bestimmte Vermögenswerte an.
Taxonomiekonforme Tätigkeiten, ausgedrückt durch den Anteil der:
- Umsatzerlöse, die den Anteil der Einnahmen aus umweltfreundlichenAktivitäten der Unternehmen, in die investiert wird, widerspiegeln
- Investitionsausgaben (CapEx), die die umweltfreundlichen Investitionen der Unternehmen, in die investiert wird, aufzeigen,z.B. für den Übergang zu einer grünen Wirtschaft- Betriebsausgaben (OpEx), die die umweltfreundlichenbetrieblichen Aktivitäten der Unternehmen, in die investiert wird, widerspiegeln(#1 Ausgerichtet an E/S-Eigenschaften) Der Teilfonds investiert:
- mindestens 50% seines	Vermögens	in	Wertpapieren	von	Emittenten	mit	guten ESG-Eigenschaften;
- mindestens 5% seines Vermögens in nachhaltigen (#1A nachhaltig), von denen mindestens 0% ein	ökologisches	Ziel	(das	mit	der	EU-Taxonomie	übereinstimmt), mindestens 1% ein ökologisches Ziel (das nicht mit der EU-Taxonomie übereinstimmt) und mindestens 1% ein Sozialziel haben. Die übrigen nachhaltigen Anlagen des Teilfonds können ein Umwelt- oder Sozialziel verfolgen.

Sonstige Umweltziele 1%
(#1B Sonstige E/S-Eigenschaften) Umfasst Wertpapiere von Emittenten mit guten ESG-Eigenschaften, die aber keine nachhaltigen Anlagen sind.
Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale
50%
#1A Nachhaltige Investitionen
5%
#1B Andere ökologische oder soziale Merkmale
Soziales 1%
#2 Andere Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst Investitionen des Finanzprodukts, die zur Erreichung der beworbenen ökologischen oder sozialen Merkmale getätigt wurden.
#2 Andere Investitionen umfasst die übrigen Investitionen des Finanzprodukts, die weder auf ökologische oder soziale Merkmale ausgerichtet sind noch als nachhaltige Investitionen eingestuft werden.
Die Kategorie #1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst folgende Unterkategorien:
Die Unterkategorie #1A Nachhaltige Investitionen umfasst nachhaltige Investitionen mit ökologischen oder sozialen Zielen.
Die Unterkategorie #1B Andere ökologische oder soziale Merkmale umfasst Investitionen, die auf ökologische oder soziale Merkmale ausgerichtet sind, aber nicht als nachhaltige Investitionen eingestuft werden.
Inwiefern werden durch den Einsatz von Derivaten die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht?
Wenn das einem Derivat zugrunde liegende Wertpapier im Einklang mit dem System für nachhaltiges Investieren von Fidelity gute ESG-Eigenschaften aufweist, darf das Derivat zur Feststellung des Teilfondsanteils berücksichtigt werden, der Umwelt- oder Sozialeigenschaften fördert.
In welchem Mindestmaß sind nachhaltige Investitionen mit einem Umweltziel mit der EU-Taxonomie konform?
Der Teilfonds investiert mindestens 0% in nachhaltige Anlagen mit einem Umweltziel, die mit der EU-Taxonomie konform sind.
Die Konformität der Anlagen des Teilfonds mit der EU-Taxonomie wird nicht durch Wirtschaftsprüfer oder mittels einer Überprüfung durch Dritte sichergestellt.
Die Ausrichtung der zugrunde liegenden Anlagen des Teilfonds an der EU-Taxonomie wird anhand des Umsatzes gemessen.
Investiert das Finanzprodukt in Aktivitäten im Zusammenhang mit fossilem Gas und/oder Kernenergie, die der EU-Taxonomie¹ entsprechen?
- JaNein
- In fossiles Gas	In KernenergieWie hoch ist der Mindestanteil der Investitionen in Übergangstätigkeiten und ermöglichende Tätigkeiten?

Der Teilfonds investiert mindestens 0% in Übergangstätigkeiten und ermöglichende Tätigkeiten.
Wie hoch ist der Mindestanteil nachhaltiger Investitionen mit einem Umweltziel, die nicht mit der EU-Taxonomie konform sind?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Umweltziel, das nicht mit der EU-Taxonomie konform ist.
Die Anlagen können zwar mit der EU-Taxonomie konform sein, aber der Investmentmanager ist derzeit nicht in der Lage, den genauen Anteil der Anlagen des Teilfonds anzugeben, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftstätigkeiten berücksichtigen. Die Position wird jedoch weiterhin überprüft, wenn die zugrunde liegenden Regeln festgelegt sind und im Laufe der Zeit mehr zuverlässige Daten zur Verfügung stehen.
¹ Tätigkeiten im Bereich fossiles Gas und/oder Kernenergie sind nur dann EU-taxonomiekonform, wenn sie zur Eindämmung des Klimawandels („Klimaschutz“) beitragen und kein Ziel der EU-Taxonomie erheblich beeinträchtigen – siehe Erläuterung am linken Rand. Die vollständigen Kriterien für EU-taxonomiekonforme Wirtschaftstätigkeiten im Bereich fossiles Gas und Kernenergie sind in der Delegierten Verordnung (EU) 2022/1214 der Kommission festgelegt.
Wie hoch ist der Mindestanteil der sozial nachhaltigen Investitionen?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Sozialziel.
Welche Investitionen fallen unter ,,#2 Andere Investitionen", welcher Anlagezweck wird mit ihnen verfolgt und gibt es einen ökologischen oder sozialen Mindestschutz?
Die verbleibenden Anlagen des Teilfonds erfolgen in Instrumenten, die zum Finanzziel des Teilfonds passen, und für Liquiditätszwecke in liquiden Mitteln und liquiden Mitteln gleichstehenden Mitteln sowie in Derivaten, die als Anlagen und für eine effiziente Portfolioverwaltung eingesetzt werden können.
Zur Gewährleistung eines Mindestmaßes an Umwelt- und Sozialabsicherungen wendet der Teilfonds die Ausschlusskriterien an.

###### Wurde ein Index als Referenzwert bestimmt, um festzustellen, ob dieses Finanzprodukt auf die beworbenen ökologischen und/oder sozialen Merkmale ausgerichtet ist?
Es wird kein bestimmter Index als Referenzbenchmark angegeben, um festzustellen, ob dieses Finanzprodukt zu den geförderten Umwelt- oder Sozialeigenschaften passt.
Bei den Referenzwerten handelt es sich um Indizes, mit denen gemessen wird, ob das Finanzprodukt die beworbenen ökologischen oder sozialen Merkmale erreicht.
Inwiefern ist der Referenzwert kontinuierlich auf die mit dem Finanzprodukt beworbenen ökologischen und sozialen Merkmale ausgerichtet?
Diese Frage ist hier nicht relevant.
Wie wird die kontinuierliche Ausrichtung der Anlagestrategie auf die Indexmethode sichergestellt?
Diese Frage ist hier nicht relevant.
Wie unterscheidet sich der bestimmte Index von einem relevanten breiten Marktindex?
Diese Frage ist hier nicht relevant.
Wo kann die Methode zur Berechnung des bestimmten Indexes eingesehen werden?
Diese Frage ist hier nicht relevant.

###### 	Wo kann ich im Internet weitere produktspezifische Informationen finden?
Weitere produktspezifische Informationen finden Sie auf der Website: https:/www.fidelity.lu/funds/factsheet/LU0900495697/tab-disclosure#SFDR-disclosure. 
Weitere Informationen zu den hier dargelegten Methoden finden Sie auf der Website: System fürnachhaltiges Investieren (fidelityinternational.com).
Vorvertragliche Informationen zu den in Artikel 8 Absätze 1, 2 und 2a der Verordnung (EU) 2019/2088 und Artikel 6 Absatz 1 der Verordnung (EU) 2020/852 genannten Finanzprodukten
Name des Produkts:	Unternehmenskennung (LEI- Code):
Fidelity Funds - Emerging Market Debt Fund	549300JD9HLR74D69D63

###### Ökologische und/oder soziale Merkmale
| Werden mit diesem Finanzprodukt nachhaltige Investitionen angestrebt? |
| --- |
|  | - Ja
 |  | Nein |
| - Es wird damit ein MindestanteiI an nachhaltigen Investitionen mit einem Umweltziel getätigt:%
	- in Wirtschaftstätigkeiten, die nach derEU-Taxonomie als ökologisch nachhaltig einzustufen sind

- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie nicht als ökologisch nachhaltig einzustufen sind
- Es wird damit ein Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel getätigt:%
 | - Es werden damit ökologische/soziale Merkmale beworben und obwohl keine nachhaltigenInvestitionen angestrebt werden, enthält es einen Mindestanteil von % an nachhaltigen Investitionen.
- mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie als ökologisch nachhaltig einzustufen sind
- mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie nicht als ökologisch nachhaltig einzustufen sind
- mit einem sozialen ZielEs	werden		damit	ökologische/soziale Merkmale	beworben,		aber	keinenachhaltigen Investitionen getätigt.
 |

Welche ökologischen und/ oder sozialen Merkmale werden mit diesem Finanzprodukt beworben?
Mit Nachhaltigkeitsin- dikatoren wird gemessen, inwieweit die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht werden.
Der Teilfonds fördert Umwelt- und Sozialeigenschaften, indem er in Wertpapiere von Emittenten mit guten ESG-Eigenschaften investiert. Gute ESG-Eigenschaften werden anhand von ESG-Ratings ermittelt. ESG-Ratings berücksichtigen Umwelteigenschaften wie CO2-Intensität, CO2-Emissionen, Energieeffizienz, Wasser- und Abfallmanagement und Biodiversität sowie Sozialeigenschaften wie Produktsicherheit, Lieferkette, Gesundheit und Sicherheit sowie Menschenrechte.
Es wurde keine Benchmark angegeben, um festzustellen, ob die geförderten Umwelt- und Sozialeigenschaften erreicht werden.
Welche Nachhaltigkeitsindikatoren werden zur Messung der Erreichung der einzelnen ökologischen oder sozialen Merkmale, die durch dieses Finanzprodukt beworben werden, herangezogen?
Der Teilfonds verwendet die folgenden Nachhaltigkeitsindikatoren, um die Ausprägung der von ihm geförderten Umwelt- oder Sozialeigenschaften zu messen:
- der  Prozentsatz des Teilfonds, der in Wertpapieren von Emittenten mit guten ESG-Eigenschaften im Einklang mit dem System für nachhaltiges Investieren von Fidelity investiert ist; und
- der Prozentsatz des Teilfonds, der in Wertpapiere von Unternehmen als Emittenten investiert ist, auf die die (unten definierten) Ausschlusskriterien zutreffen.

Welches sind die Ziele der nachhaltigen Investitionen, die mit dem
Finanzprodukt teilweise getätigt werden sollen, und wie trägt die nachhaltige Investition zu diesen Zielen bei?
Diese Frage ist hier nicht relevant, da der Teilfonds nicht beabsichtigt, nachhaltige Investitionen zu tätigen.
Inwiefern werden die nachhaltigen Investitionen, die mit dem Finanzprodukt teilweise getätigt werden sollen, keinem der ökologischen oder sozialen nachhaltigen Anlageziele erheblich schaden?
Diese Frage ist hier nicht relevant, da der Teilfonds nicht beabsichtigt, nachhaltige Investitionen zu tätigen.
Bei den wichtigsten nachteiligen Auswirkungen handelt es sich um die bedeutendsten nachteiligen Auswirkungen von Investitionsentscheidun- gen auf NachhaItigkeitsfaktoren in den Bereichen Umwelt, Soziales und Beschäftigung, Achtung der Menschenrechte und Bekämpfung von Korruption und Bestechung.
Wie wurden die Indikatoren für nachteilige Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Diese Frage ist hier nicht relevant.
Wie stehen die nachhaltigen Investitionen mit den OECD-Leitsätzen für multinationale Unternehmen und den Leitprinzipien der Vereinten Nationen für Wirtschaft und
Menschenrechte in Einklang? Nähere Angaben:
Diese Frage ist hier nicht relevant.
In der EU-Taxonomie ist der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" festgelegt, nach dem taxonomiekonforme Investitionen die Ziele der EU-Taxonomie nicht erheblich beeinträchtigen dürfen, und es sind spezifische EU-Kriterien beigefügt. Der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" findet nur bei denjenigen dem Finanzprodukt zugrunde liegenden Investitionen Anwendung, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten berücksichtigen. Die dem verbleibenden Teil dieses  Finanzprodukts zugrunde  liegenden Investitionen berücksichtigen nicht die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten. Alle anderen nachhaltigen Investitionen dürfen ökologische oder soziale Ziele ebenfalls nicht erheblich beeinträchtigen.

###### Werden bei diesem Finanzprodukt die wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Ja
- NeinDie wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren werden mit Hilfe einer Vielzahl von Instrumenten berücksichtigt und in Anlageentscheidungen einbezogen. Hierzu zählen:
- Due Diligence – Analyse, ob die wichtigsten nachteiligen Auswirkungen (PAI) wesentlich und negativ sind.
- ESG-Rating – Fidelity bezieht sich auf ESG-Ratings, die wesentliche nachteilige Auswirkungenwie CO2-Emissionen, Mitarbeitersicherheit, Bestechung und Korruption sowie Wassermanagement berücksichtigen, und bei den von Staaten ausgegebenen Wertpapieren berücksichtigen die verwendeten Ratings wichtige nachteilige Auswirkungen (PAI) wie CO2-Emissionen, Sozialverstöße und die Meinungsfreiheit.
- Ausschlusskriterien – Bei Direktanlagen in Unternehmen als Emittenten wendet der Teilfonds die (unten definierten) Ausschlusskriterien an, um die wichtigsten nachteiligen Auswirkungen abzumildern. Dazu schließt er schädliche Sektoren aus und verbietet Investitionen in Emittenten, die gegen internationale Standards wie den UNGC verstoßen.
- Mitwirkung – Fidelity nutzt Mitwirkung als ein Instrument, um die wichtigsten nachteiligen Auswirkungen besser zu verstehen und sich unter bestimmten Umständen für die Abmilderung der wichtigsten nachteiligen Auswirkungen einzusetzen. Fidelity beteiligt sich an relevanten individuellen und kollaborativen Arten der Mitwirkung, die auf eine Reihe von wichtigen negativen Auswirkungen abzielen (z. B. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Abstimmungsverhalten – Die Abstimmungspolitik von Fidelity umfasst bei Unternehmen als Emittenten explizite Mindeststandards für die Geschlechtervielfalt im Aufsichtsrat und die Auseinandersetzung mit dem Klimawandel. Fidelity kann auch auf eine Weise abstimmen, dass die wichtigsten nachteiligen Auswirkungen abgemildert werden.
- Vierteljährliche Überprüfungen – Überwachung der wichtigsten nachteiligen Auswirkungen (PAI) durch den vierteljährlichen Überprüfungsprozess des Teilfonds.

Wenn es um die Frage geht, ob Investitionen eine wesentliche nachteilige Auswirkung haben, berücksichtigt Fidelity für jeden Nachhaltigkeitsfaktor spezifische Indikatoren. Diese Indikatoren hängen von der Datenverfügbarkeit ab und können sich mit zunehmender Datenqualität und
-verfügbarkeit weiterentwickeln.
Informationen über die wichtigsten nachteiligen Auswirkungen werden im Jahresbericht des Teilfonds zur Verfügung gestellt.
Die Anlagestrategie dient aIs Richtschnur für Investitionsentscheidun- gen, wobei bestimmte Kriterien wie beispielsweise Investitionsziele oder Risikotoleranz
berücksichtigt werden.

######  Welche Anlagestrategie wird mit diesem Finanzprodukt verfolgt?
Mindestens 50% des Nettovermögens des Teilfonds werden in Wertpapiere investiert, die gute ESG-Eigenschaften aufweisen.
Ob ESG-Eigenschaften gut sind, wird anhand von ESG-Ratings externer Agenturen und von Fidelity ESG-Ratings ermittelt.
In Bezug auf seine Direktanlagen in Unternehmensemittenten berücksichtigt der Teilfonds:
a) eine unternehmensweite Ausschlussliste, die Streumunition und Antipersonenlandminen umfasst; und
(b) eine normenbasierte Filterung von Emittenten, die nach Ansicht des Investmentmanagers ihre Geschäfte nicht in Übereinstimmung mit internationalen Normen, darunter den im UNGC festgelegten, durchgeführt haben.
Die oben genannten Ausschluss- und Filterkriterien (die „Ausschlusskriterien“) werden möglicherweise von Zeit zu Zeit aktualisiert. Weitere Informationen erhalten Sie auf der Website Sustainable investing framework (fidelityinternational.com).
Es steht zudem im Ermessen des Investmentmanagers, von Zeit zu Zeit erweiterte, strengere Nachhaltigkeitsanforderungen und Ausschlusskriterien anzuwenden.
Worin bestehen die verbindlichen Elemente der Anlagestrategie, die für die Auswahl der Investitionen zur Erfüllung der beworbenen ökologischen oder sozialen Ziele verwendet werden?
Der  Fonds  wird  mindestens  50%  seines  Vermögens  in  Emittenten  mit  guten ESG-Eigenschaften investieren.
Darüber hinaus wird der Teilfonds die oben beschriebenen Ausschlusskriterien auf alle Direktanlagen bei Unternehmensemittenten anwenden.
Um welchen Mindestsatz wird der Umfang der vor der Anwendung dieser Anlagestrategie in Betracht gezogenen Investitionen reduziert?
Diese Frage ist hier nicht relevant.
Die Verfahrensweisen einer guten
Unternehmensführung umfassen solide Managementstrukturen, die Beziehungen zu den Arbeitnehmern, die Vergütung von Mitarbeitern sowie die Einhaltung der Steuervorschriften.
Wie werden die Verfahrensweisen einer guten Unternehmensführung der Unternehmen, in die investiert wird, bewertet?
Die Governance-Praktiken der Emittenten werden anhand von Fundamentalresearch bewertet, darunter im Rahmen der von externen Agenturen oder Fidelity bereitgestellten ESG-Ratings.
Zu den wichtigsten der analysierten Fragen gehören die Erfolgsbilanz hinsichtlich: Kapitalallokation, finanzieller Transparenz, Transaktionen mit nahestehenden Unternehmen und Personen, Unabhängigkeit und Größe des Vorstands, Vergütung von Führungskräften, Wirtschaftsprüfung und interner Revision, Rechte der Minderheitsaktionäre und anderer Indikatoren. Für staatliche Emittenten werden Faktoren wie Korruption und Meinungsfreiheit einbezogen.
Die Vermögensallokation gibt den jeweiligen Anteil der Investitionen in bestimmte Vermögenswerte an.
Taxonomiekonforme Tätigkeiten, ausgedrückt durch den Anteil der:
- Umsatzerlöse, die den Anteil der Einnahmen aus umweltfreundlichenAktivitäten der Unternehmen, in die investiert wird, widerspiegeln
- Investitionsausgaben (CapEx), die die umweltfreundlichen Investitionen der Unternehmen, in die investiert wird, aufzeigen,z.B. für den Übergang zu einer grünen Wirtschaft- Betriebsausgaben (OpEx), die die umweltfreundlichenbetrieblichen Aktivitäten der Unternehmen, in die investiert wird, widerspiegelnWelche Vermögensallokation ist für dieses Finanzprodukt geplant? 

(#1 Ausgerichtet an E/S-Eigenschaften) Der Teilfonds investiert mindestens 50 seines Vermögens in Wertpapiere von Emittenten mit guten ESG-Eigenschaften.
Inwiefern werden durch den Einsatz von Derivaten die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht?
Wenn das einem Derivat zugrunde liegende Wertpapier im Einklang mit dem System für nachhaltiges Investieren von Fidelity gute ESG-Eigenschaften aufweist, darf das Derivat zur Feststellung des Teilfondsanteils berücksichtigt werden, der Umwelt- oder Sozialeigenschaften fördert.
In welchem Mindestmaß sind nachhaltige Investitionen mit einem Umweltziel mit der EU-Taxonomie konform?
Der Teilfonds investiert mindestens 0% in nachhaltige Anlagen mit einem Umweltziel, die mit der EU-Taxonomie konform sind.
Die Konformität der Anlagen des Teilfonds mit der EU-Taxonomie wird nicht durch Wirtschaftsprüfer oder mittels einer Überprüfung durch Dritte sichergestellt.
Die Ausrichtung der zugrunde liegenden Anlagen des Teilfonds an der EU-Taxonomie wird anhand des Umsatzes gemessen.
Investiert das Finanzprodukt in Aktivitäten im Zusammenhang mit fossilem Gas und/oder Kernenergie, die der EU-Taxonomie¹ entsprechen?
- JaNein
- In fossiles Gas	In KernenergieWie hoch ist der Mindestanteil der Investitionen in Übergangstätigkeiten und ermöglichende Tätigkeiten?

Der Teilfonds investiert mindestens 0% in Übergangstätigkeiten und ermöglichende Tätigkeiten.
Wie hoch ist der Mindestanteil nachhaltiger Investitionen mit einem Umweltziel, die nicht mit der EU-Taxonomie konform sind?
Diese Frage ist hier nicht relevant, da der Teilfonds nicht beabsichtigt, nachhaltige Investitionen zu tätigen.
Wie hoch ist der Mindestanteil der sozial nachhaltigen Investitionen?
Diese Frage ist hier nicht relevant, da der Teilfonds nicht beabsichtigt, nachhaltige Investitionen zu tätigen.
¹ Tätigkeiten im Bereich fossiles Gas und/oder Kernenergie sind nur dann EU-taxonomiekonform, wenn sie zur Eindämmung des Klimawandels („Klimaschutz“) beitragen und kein Ziel der EU-Taxonomie erheblich beeinträchtigen – siehe Erläuterung am linken Rand. Die vollständigen Kriterien für EU-taxonomiekonforme Wirtschaftstätigkeiten im Bereich fossiles Gas und Kernenergie sind in der Delegierten Verordnung (EU) 2022/1214 der Kommission festgelegt.
wird mit ihnen verfolgt und gibt es einen ökologischen oder sozialen Mindestschutz?
Die verbleibenden Anlagen des Teilfonds erfolgen in Instrumenten, die zum Finanzziel des Teilfonds passen, und für Liquiditätszwecke in liquiden Mitteln und liquiden Mitteln gleichstehenden Mitteln sowie in Derivaten, die als Anlagen und für eine effiziente Portfolioverwaltung eingesetzt werden können.
Zur Gewährleistung eines Mindestmaßes an Umwelt- und Sozialabsicherungen wendet der Teilfonds die Ausschlusskriterien an.

###### Wurde ein Index als Referenzwert bestimmt, um festzustellen, ob dieses Finanzprodukt auf die beworbenen ökologischen und/oder sozialen Merkmale ausgerichtet ist?
Es wird kein bestimmter Index als Referenzbenchmark angegeben, um festzustellen, ob dieses Finanzprodukt zu den geförderten Umwelt- oder Sozialeigenschaften passt.
Bei den Referenzwerten handelt es sich um Indizes, mit denen gemessen wird, ob das Finanzprodukt die beworbenen ökologischen oder sozialen Merkmale erreicht.
Inwiefern ist der Referenzwert kontinuierlich auf die mit dem Finanzprodukt beworbenen ökologischen und sozialen Merkmale ausgerichtet?
Diese Frage ist hier nicht relevant.
Wie wird die kontinuierliche Ausrichtung der Anlagestrategie auf die Indexmethode sichergestellt?
Diese Frage ist hier nicht relevant.
Wie unterscheidet sich der bestimmte Index von einem relevanten breiten Marktindex?
Diese Frage ist hier nicht relevant.
Wo kann die Methode zur Berechnung des bestimmten Indexes eingesehen werden?
Diese Frage ist hier nicht relevant.

###### 	Wo kann ich im Internet weitere produktspezifische Informationen finden?
Weitere produktspezifische Informationen finden Sie auf der Website: https:/www.fidelity.lu/funds/factsheet/LU0238205289/tab-disclosure#SFDR-disclosure. 
Weitere Informationen zu den hier dargelegten Methoden finden Sie auf der Website: System fürnachhaltiges Investieren (fidelityinternational.com).
2019/2088 und Artikel 6 Absatz 1 der Verordnung (EU) 2020/852 genannten Finanzprodukten
Name des Produkts:	Unternehmenskennung (LEI- Code):
Fidelity Funds - Emerging Market Local Currency Debt Fund	54930069WRF2L8MHEJ66

###### Ökologische und/oder soziale Merkmale
| Werden mit diesem Finanzprodukt nachhaltige Investitionen angestrebt? |
| --- |
|  | - Ja
 |  | Nein |
| - Es wird damit ein MindestanteiI an nachhaltigen Investitionen mit einem Umweltziel getätigt:%
	- in Wirtschaftstätigkeiten, die nach derEU-Taxonomie als ökologisch nachhaltig einzustufen sind

- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie nicht als ökologisch nachhaltig einzustufen sind
- Es wird damit ein Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel getätigt:%
 | - Es werden damit ökologische/soziale Merkmale beworben und obwohl keine nachhaltigenInvestitionen angestrebt werden, enthält es einen Mindestanteil von % an nachhaltigen Investitionen.
- mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie als ökologisch nachhaltig einzustufen sind
- mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie nicht als ökologisch nachhaltig einzustufen sind
- mit einem sozialen ZielEs	werden		damit	ökologische/soziale Merkmale	beworben,		aber	keinenachhaltigen Investitionen getätigt.
 |

Welche ökologischen und/ oder sozialen Merkmale werden mit diesem Finanzprodukt beworben?
Mit Nachhaltigkeitsin- dikatoren wird gemessen, inwieweit die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht werden.
Der Teilfonds fördert Umwelt- und Sozialeigenschaften, indem er in Wertpapiere von Emittenten mit guten ESG-Eigenschaften investiert. Gute ESG-Eigenschaften werden anhand von ESG-Ratings ermittelt. ESG-Ratings berücksichtigen Umwelteigenschaften wie CO2-Intensität, CO2-Emissionen, Energieeffizienz, Wasser- und Abfallmanagement und Biodiversität sowie Sozialeigenschaften wie Produktsicherheit, Lieferkette, Gesundheit und Sicherheit sowie Menschenrechte.
Es wurde keine Benchmark angegeben, um festzustellen, ob die geförderten Umwelt- und Sozialeigenschaften erreicht werden.
Welche Nachhaltigkeitsindikatoren werden zur Messung der Erreichung der einzelnen ökologischen oder sozialen Merkmale, die durch dieses Finanzprodukt beworben werden, herangezogen?
Der Teilfonds verwendet die folgenden Nachhaltigkeitsindikatoren, um die Ausprägung der von ihm geförderten Umwelt- oder Sozialeigenschaften zu messen:
- der  Prozentsatz des Teilfonds, der in Wertpapieren von Emittenten mit guten ESG-Eigenschaften im Einklang mit dem System für nachhaltiges Investieren von Fidelity investiert ist; und
- der Prozentsatz des Teilfonds, der in Wertpapiere von Unternehmen als Emittenten investiert ist, auf die die (unten definierten) Ausschlusskriterien zutreffen.

Welches sind die Ziele der nachhaltigen Investitionen, die mit dem
Finanzprodukt teilweise getätigt werden sollen, und wie trägt die nachhaltige Investition zu diesen Zielen bei?
Diese Frage ist hier nicht relevant, da der Teilfonds nicht beabsichtigt, nachhaltige Investitionen zu tätigen.
Inwiefern werden die nachhaltigen Investitionen, die mit dem Finanzprodukt teilweise getätigt werden sollen, keinem der ökologischen oder sozialen nachhaltigen Anlageziele erheblich schaden?
Diese Frage ist hier nicht relevant, da der Teilfonds nicht beabsichtigt, nachhaltige Investitionen zu tätigen.
Bei den wichtigsten nachteiligen Auswirkungen handelt es sich um die bedeutendsten nachteiligen Auswirkungen von Investitionsentscheidun- gen auf NachhaItigkeitsfaktoren in den Bereichen Umwelt, Soziales und Beschäftigung, Achtung der Menschenrechte und Bekämpfung von Korruption und Bestechung.
Wie wurden die Indikatoren für nachteilige Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Diese Frage ist hier nicht relevant.
Wie stehen die nachhaltigen Investitionen mit den OECD-Leitsätzen für multinationale Unternehmen und den Leitprinzipien der Vereinten Nationen für Wirtschaft und
Menschenrechte in Einklang? Nähere Angaben:
Diese Frage ist hier nicht relevant.
In der EU-Taxonomie ist der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" festgelegt, nach dem taxonomiekonforme Investitionen die Ziele der EU-Taxonomie nicht erheblich beeinträchtigen dürfen, und es sind spezifische EU-Kriterien beigefügt. Der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" findet nur bei denjenigen dem Finanzprodukt zugrunde liegenden Investitionen Anwendung, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten berücksichtigen. Die dem verbleibenden Teil dieses  Finanzprodukts zugrunde  liegenden Investitionen berücksichtigen nicht die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten. Alle anderen nachhaltigen Investitionen dürfen ökologische oder soziale Ziele ebenfalls nicht erheblich beeinträchtigen.

###### Werden bei diesem Finanzprodukt die wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Ja
- NeinDie wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren werden mit Hilfe einer Vielzahl von Instrumenten berücksichtigt und in Anlageentscheidungen einbezogen. Hierzu zählen:
- Due Diligence – Analyse, ob die wichtigsten nachteiligen Auswirkungen (PAI) wesentlich und negativ sind.
- ESG-Rating – Fidelity bezieht sich auf ESG-Ratings, die wesentliche nachteilige Auswirkungenwie CO2-Emissionen, Mitarbeitersicherheit, Bestechung und Korruption sowie Wassermanagement berücksichtigen, und bei den von Staaten ausgegebenen Wertpapieren berücksichtigen die verwendeten Ratings wichtige nachteilige Auswirkungen (PAI) wie CO2-Emissionen, Sozialverstöße und die Meinungsfreiheit.
- Ausschlusskriterien – Bei Direktanlagen in Unternehmen als Emittenten wendet der Teilfonds die (unten definierten) Ausschlusskriterien an, um die wichtigsten nachteiligen Auswirkungen abzumildern. Dazu schließt er schädliche Sektoren aus und verbietet Investitionen in Emittenten, die gegen internationale Standards wie den UNGC verstoßen.
- Mitwirkung – Fidelity nutzt Mitwirkung als ein Instrument, um die wichtigsten nachteiligen Auswirkungen besser zu verstehen und sich unter bestimmten Umständen für die Abmilderung der wichtigsten nachteiligen Auswirkungen einzusetzen. Fidelity beteiligt sich an relevanten individuellen und kollaborativen Arten der Mitwirkung, die auf eine Reihe von wichtigen negativen Auswirkungen abzielen (z. B. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Abstimmungsverhalten – Die Abstimmungspolitik von Fidelity umfasst bei Unternehmen als Emittenten explizite Mindeststandards für die Geschlechtervielfalt im Aufsichtsrat und die Auseinandersetzung mit dem Klimawandel. Fidelity kann auch auf eine Weise abstimmen, dass die wichtigsten nachteiligen Auswirkungen abgemildert werden.
- Vierteljährliche Überprüfungen – Überwachung der wichtigsten nachteiligen Auswirkungen (PAI) durch den vierteljährlichen Überprüfungsprozess des Teilfonds.

Wenn es um die Frage geht, ob Investitionen eine wesentliche nachteilige Auswirkung haben, berücksichtigt Fidelity für jeden Nachhaltigkeitsfaktor spezifische Indikatoren. Diese Indikatoren hängen von der Datenverfügbarkeit ab und können sich mit zunehmender Datenqualität und
-verfügbarkeit weiterentwickeln.
Informationen über die wichtigsten nachteiligen Auswirkungen werden im Jahresbericht des Teilfonds zur Verfügung gestellt.
Die Anlagestrategie dient aIs Richtschnur für Investitionsentscheidun- gen, wobei bestimmte Kriterien wie beispielsweise Investitionsziele oder Risikotoleranz
berücksichtigt werden.

######  Welche Anlagestrategie wird mit diesem Finanzprodukt verfolgt?
Mindestens 50% des Nettovermögens des Teilfonds werden in Wertpapiere investiert, die gute ESG-Eigenschaften aufweisen.
Ob ESG-Eigenschaften gut sind, wird anhand von ESG-Ratings externer Agenturen und von Fidelity ESG-Ratings ermittelt.
In Bezug auf seine Direktanlagen in Unternehmensemittenten berücksichtigt der Teilfonds:
a) eine unternehmensweite Ausschlussliste, die Streumunition und Antipersonenlandminen umfasst; und
(b) eine normenbasierte Filterung von Emittenten, die nach Ansicht des Investmentmanagers ihre Geschäfte nicht in Übereinstimmung mit internationalen Normen, darunter den im UNGC festgelegten, durchgeführt haben.
Die oben genannten Ausschluss- und Filterkriterien (die „Ausschlusskriterien“) werden möglicherweise von Zeit zu Zeit aktualisiert. Weitere Informationen erhalten Sie auf der Website Sustainable investing framework (fidelityinternational.com).
Es steht zudem im Ermessen des Investmentmanagers, von Zeit zu Zeit erweiterte, strengere Nachhaltigkeitsanforderungen und Ausschlusskriterien anzuwenden.
Worin bestehen die verbindlichen Elemente der Anlagestrategie, die für die Auswahl der Investitionen zur Erfüllung der beworbenen ökologischen oder sozialen Ziele verwendet werden?
Der  Fonds  wird  mindestens  50%  seines  Vermögens  in  Emittenten  mit  guten ESG-Eigenschaften investieren.
Darüber hinaus wird der Teilfonds die oben beschriebenen Ausschlusskriterien auf alle Direktanlagen bei Unternehmensemittenten anwenden.
Um welchen Mindestsatz wird der Umfang der vor der Anwendung dieser Anlagestrategie in Betracht gezogenen Investitionen reduziert?
Diese Frage ist hier nicht relevant.
Die Verfahrensweisen einer guten
Unternehmensführung umfassen solide Managementstrukturen, die Beziehungen zu den Arbeitnehmern, die Vergütung von Mitarbeitern sowie die Einhaltung der Steuervorschriften.
Wie werden die Verfahrensweisen einer guten Unternehmensführung der Unternehmen, in die investiert wird, bewertet?
Die Governance-Praktiken der Emittenten werden anhand von Fundamentalresearch bewertet, darunter im Rahmen der von externen Agenturen oder Fidelity bereitgestellten ESG-Ratings.
Zu den wichtigsten der analysierten Fragen gehören die Erfolgsbilanz hinsichtlich: Kapitalallokation, finanzieller Transparenz, Transaktionen mit nahestehenden Unternehmen und Personen, Unabhängigkeit und Größe des Vorstands, Vergütung von Führungskräften, Wirtschaftsprüfung und interner Revision, Rechte der Minderheitsaktionäre und anderer Indikatoren. Für staatliche Emittenten werden Faktoren wie Korruption und Meinungsfreiheit einbezogen.
Die Vermögensallokation gibt den jeweiligen Anteil der Investitionen in bestimmte Vermögenswerte an.
Taxonomiekonforme Tätigkeiten, ausgedrückt durch den Anteil der:
- Umsatzerlöse, die den Anteil der Einnahmen aus umweltfreundlichenAktivitäten der Unternehmen, in die investiert wird, widerspiegeln
- Investitionsausgaben (CapEx), die die umweltfreundlichen Investitionen der Unternehmen, in die investiert wird, aufzeigen,z.B. für den Übergang zu einer grünen Wirtschaft- Betriebsausgaben (OpEx), die die umweltfreundlichenbetrieblichen Aktivitäten der Unternehmen, in die investiert wird, widerspiegelnWelche Vermögensallokation ist für dieses Finanzprodukt geplant? 

(#1 Ausgerichtet an E/S-Eigenschaften) Der Teilfonds investiert mindestens 50 seines Vermögens in Wertpapiere von Emittenten mit guten ESG-Eigenschaften.
Inwiefern werden durch den Einsatz von Derivaten die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht?
Wenn das einem Derivat zugrunde liegende Wertpapier im Einklang mit dem System für nachhaltiges Investieren von Fidelity gute ESG-Eigenschaften aufweist, darf das Derivat zur Feststellung des Teilfondsanteils berücksichtigt werden, der Umwelt- oder Sozialeigenschaften fördert.
In welchem Mindestmaß sind nachhaltige Investitionen mit einem Umweltziel mit der EU-Taxonomie konform?
Der Teilfonds investiert mindestens 0% in nachhaltige Anlagen mit einem Umweltziel, die mit der EU-Taxonomie konform sind.
Die Konformität der Anlagen des Teilfonds mit der EU-Taxonomie wird nicht durch Wirtschaftsprüfer oder mittels einer Überprüfung durch Dritte sichergestellt.
Die Ausrichtung der zugrunde liegenden Anlagen des Teilfonds an der EU-Taxonomie wird anhand des Umsatzes gemessen.
Investiert das Finanzprodukt in Aktivitäten im Zusammenhang mit fossilem Gas und/oder Kernenergie, die der EU-Taxonomie¹ entsprechen?
- JaNein
- In fossiles Gas	In KernenergieWie hoch ist der Mindestanteil der Investitionen in Übergangstätigkeiten und ermöglichende Tätigkeiten?

Der Teilfonds investiert mindestens 0% in Übergangstätigkeiten und ermöglichende Tätigkeiten.
Wie hoch ist der Mindestanteil nachhaltiger Investitionen mit einem Umweltziel, die nicht mit der EU-Taxonomie konform sind?
Diese Frage ist hier nicht relevant, da der Teilfonds nicht beabsichtigt, nachhaltige Investitionen zu tätigen.
Wie hoch ist der Mindestanteil der sozial nachhaltigen Investitionen?
Diese Frage ist hier nicht relevant, da der Teilfonds nicht beabsichtigt, nachhaltige Investitionen zu tätigen.
¹ Tätigkeiten im Bereich fossiles Gas und/oder Kernenergie sind nur dann EU-taxonomiekonform, wenn sie zur Eindämmung des Klimawandels („Klimaschutz“) beitragen und kein Ziel der EU-Taxonomie erheblich beeinträchtigen – siehe Erläuterung am linken Rand. Die vollständigen Kriterien für EU-taxonomiekonforme Wirtschaftstätigkeiten im Bereich fossiles Gas und Kernenergie sind in der Delegierten Verordnung (EU) 2022/1214 der Kommission festgelegt.
wird mit ihnen verfolgt und gibt es einen ökologischen oder sozialen Mindestschutz?
Die verbleibenden Anlagen des Teilfonds erfolgen in Instrumenten, die zum Finanzziel des Teilfonds passen, und für Liquiditätszwecke in liquiden Mitteln und liquiden Mitteln gleichstehenden Mitteln sowie in Derivaten, die als Anlagen und für eine effiziente Portfolioverwaltung eingesetzt werden können.
Zur Gewährleistung eines Mindestmaßes an Umwelt- und Sozialabsicherungen wendet der Teilfonds die Ausschlusskriterien an.

###### Wurde ein Index als Referenzwert bestimmt, um festzustellen, ob dieses Finanzprodukt auf die beworbenen ökologischen und/oder sozialen Merkmale ausgerichtet ist?
Es wird kein bestimmter Index als Referenzbenchmark angegeben, um festzustellen, ob dieses Finanzprodukt zu den geförderten Umwelt- oder Sozialeigenschaften passt.
Bei den Referenzwerten handelt es sich um Indizes, mit denen gemessen wird, ob das Finanzprodukt die beworbenen ökologischen oder sozialen Merkmale erreicht.
Inwiefern ist der Referenzwert kontinuierlich auf die mit dem Finanzprodukt beworbenen ökologischen und sozialen Merkmale ausgerichtet?
Diese Frage ist hier nicht relevant.
Wie wird die kontinuierliche Ausrichtung der Anlagestrategie auf die Indexmethode sichergestellt?
Diese Frage ist hier nicht relevant.
Wie unterscheidet sich der bestimmte Index von einem relevanten breiten Marktindex?
Diese Frage ist hier nicht relevant.
Wo kann die Methode zur Berechnung des bestimmten Indexes eingesehen werden?
Diese Frage ist hier nicht relevant.

###### 	Wo kann ich im Internet weitere produktspezifische Informationen finden?
Weitere produktspezifische Informationen finden Sie auf der Website: https:/www.fidelity.lu/funds/factsheet/LU2219351280/tab-disclosure#SFDR-disclosure. 
Weitere Informationen zu den hier dargelegten Methoden finden Sie auf der Website: System fürnachhaltiges Investieren (fidelityinternational.com).
2019/2088 und Artikel 6 Absatz 1 der Verordnung (EU) 2020/852 genannten Finanzprodukten
Name des Produkts:	Unternehmenskennung (LEI- Code):
Fidelity Funds - Emerging Market Total Return Debt Fund	549300KHEVIR0ORYSU77

###### Ökologische und/oder soziale Merkmale
| Werden mit diesem Finanzprodukt nachhaltige Investitionen angestrebt? |
| --- |
|  | - Ja
 |  | Nein |
| - Es wird damit ein MindestanteiI an nachhaltigen Investitionen mit einem Umweltziel getätigt:%
	- in Wirtschaftstätigkeiten, die nach derEU-Taxonomie als ökologisch nachhaltig einzustufen sind

- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie nicht als ökologisch nachhaltig einzustufen sind
- Es wird damit ein Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel getätigt:%
 | - Es werden damit ökologische/soziale Merkmale beworben und obwohl keine nachhaltigenInvestitionen angestrebt werden, enthält es einen Mindestanteil von % an nachhaltigen Investitionen.
- mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie als ökologisch nachhaltig einzustufen sind
- mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie nicht als ökologisch nachhaltig einzustufen sind
- mit einem sozialen ZielEs	werden		damit	ökologische/soziale Merkmale	beworben,		aber	keinenachhaltigen Investitionen getätigt.
 |

Welche ökologischen und/ oder sozialen Merkmale werden mit diesem Finanzprodukt beworben?
Mit Nachhaltigkeitsin- dikatoren wird gemessen, inwieweit die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht werden.
Der Teilfonds fördert Umwelt- und Sozialeigenschaften, indem er in Wertpapiere von Emittenten mit guten ESG-Eigenschaften investiert. Gute ESG-Eigenschaften werden anhand von ESG-Ratings ermittelt. ESG-Ratings berücksichtigen Umwelteigenschaften wie CO2-Intensität, CO2-Emissionen, Energieeffizienz, Wasser- und Abfallmanagement und Biodiversität sowie Sozialeigenschaften wie Produktsicherheit, Lieferkette, Gesundheit und Sicherheit sowie Menschenrechte.
Es wurde keine Benchmark angegeben, um festzustellen, ob die geförderten Umwelt- und Sozialeigenschaften erreicht werden.
Welche Nachhaltigkeitsindikatoren werden zur Messung der Erreichung der einzelnen ökologischen oder sozialen Merkmale, die durch dieses Finanzprodukt beworben werden, herangezogen?
Der Teilfonds verwendet die folgenden Nachhaltigkeitsindikatoren, um die Ausprägung der von ihm geförderten Umwelt- oder Sozialeigenschaften zu messen:
- der  Prozentsatz des Teilfonds, der in Wertpapieren von Emittenten mit guten ESG-Eigenschaften im Einklang mit dem System für nachhaltiges Investieren von Fidelity investiert ist; und
- der Prozentsatz des Teilfonds, der in Wertpapiere von Unternehmen als Emittenten investiert ist, auf die die (unten definierten) Ausschlusskriterien zutreffen.

Welches sind die Ziele der nachhaltigen Investitionen, die mit dem
Finanzprodukt teilweise getätigt werden sollen, und wie trägt die nachhaltige Investition zu diesen Zielen bei?
Diese Frage ist hier nicht relevant, da der Teilfonds nicht beabsichtigt, nachhaltige Investitionen zu tätigen.
Inwiefern werden die nachhaltigen Investitionen, die mit dem Finanzprodukt teilweise getätigt werden sollen, keinem der ökologischen oder sozialen nachhaltigen Anlageziele erheblich schaden?
Diese Frage ist hier nicht relevant, da der Teilfonds nicht beabsichtigt, nachhaltige Investitionen zu tätigen.
Bei den wichtigsten nachteiligen Auswirkungen handelt es sich um die bedeutendsten nachteiligen Auswirkungen von Investitionsentscheidun- gen auf NachhaItigkeitsfaktoren in den Bereichen Umwelt, Soziales und Beschäftigung, Achtung der Menschenrechte und Bekämpfung von Korruption und Bestechung.
Wie wurden die Indikatoren für nachteilige Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Diese Frage ist hier nicht relevant.
Wie stehen die nachhaltigen Investitionen mit den OECD-Leitsätzen für multinationale Unternehmen und den Leitprinzipien der Vereinten Nationen für Wirtschaft und
Menschenrechte in Einklang? Nähere Angaben:
Diese Frage ist hier nicht relevant.
In der EU-Taxonomie ist der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" festgelegt, nach dem taxonomiekonforme Investitionen die Ziele der EU-Taxonomie nicht erheblich beeinträchtigen dürfen, und es sind spezifische EU-Kriterien beigefügt. Der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" findet nur bei denjenigen dem Finanzprodukt zugrunde liegenden Investitionen Anwendung, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten berücksichtigen. Die dem verbleibenden Teil dieses  Finanzprodukts zugrunde  liegenden Investitionen berücksichtigen nicht die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten. Alle anderen nachhaltigen Investitionen dürfen ökologische oder soziale Ziele ebenfalls nicht erheblich beeinträchtigen.

###### Werden bei diesem Finanzprodukt die wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Ja
- NeinDie wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren werden mit Hilfe einer Vielzahl von Instrumenten berücksichtigt und in Anlageentscheidungen einbezogen. Hierzu zählen:
- Due Diligence – Analyse, ob die wichtigsten nachteiligen Auswirkungen (PAI) wesentlich und negativ sind.
- ESG-Rating – Fidelity bezieht sich auf ESG-Ratings, die wesentliche nachteilige Auswirkungenwie CO2-Emissionen, Mitarbeitersicherheit, Bestechung und Korruption sowie Wassermanagement berücksichtigen, und bei den von Staaten ausgegebenen Wertpapieren berücksichtigen die verwendeten Ratings wichtige nachteilige Auswirkungen (PAI) wie CO2-Emissionen, Sozialverstöße und die Meinungsfreiheit.
- Ausschlusskriterien – Bei Direktanlagen in Unternehmen als Emittenten wendet der Teilfonds die (unten definierten) Ausschlusskriterien an, um die wichtigsten nachteiligen Auswirkungen abzumildern. Dazu schließt er schädliche Sektoren aus und verbietet Investitionen in Emittenten, die gegen internationale Standards wie den UNGC verstoßen.
- Mitwirkung – Fidelity nutzt Mitwirkung als ein Instrument, um die wichtigsten nachteiligen Auswirkungen besser zu verstehen und sich unter bestimmten Umständen für die Abmilderung der wichtigsten nachteiligen Auswirkungen einzusetzen. Fidelity beteiligt sich an relevanten individuellen und kollaborativen Arten der Mitwirkung, die auf eine Reihe von wichtigen negativen Auswirkungen abzielen (z. B. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Abstimmungsverhalten – Die Abstimmungspolitik von Fidelity umfasst bei Unternehmen als Emittenten explizite Mindeststandards für die Geschlechtervielfalt im Aufsichtsrat und die Auseinandersetzung mit dem Klimawandel. Fidelity kann auch auf eine Weise abstimmen, dass die wichtigsten nachteiligen Auswirkungen abgemildert werden.
- Vierteljährliche Überprüfungen – Überwachung der wichtigsten nachteiligen Auswirkungen (PAI) durch den vierteljährlichen Überprüfungsprozess des Teilfonds.

Wenn es um die Frage geht, ob Investitionen eine wesentliche nachteilige Auswirkung haben, berücksichtigt Fidelity für jeden Nachhaltigkeitsfaktor spezifische Indikatoren. Diese Indikatoren hängen von der Datenverfügbarkeit ab und können sich mit zunehmender Datenqualität und
-verfügbarkeit weiterentwickeln.
Informationen über die wichtigsten nachteiligen Auswirkungen werden im Jahresbericht des Teilfonds zur Verfügung gestellt.
Die Anlagestrategie dient aIs Richtschnur für Investitionsentscheidun- gen, wobei bestimmte Kriterien wie beispielsweise Investitionsziele oder Risikotoleranz
berücksichtigt werden.

######  Welche Anlagestrategie wird mit diesem Finanzprodukt verfolgt?
Mindestens 50% des Nettovermögens des Teilfonds werden in Wertpapiere investiert, die gute ESG-Eigenschaften aufweisen.
Ob ESG-Eigenschaften gut sind, wird anhand von ESG-Ratings externer Agenturen und von Fidelity ESG-Ratings ermittelt.
In Bezug auf seine Direktanlagen in Unternehmensemittenten berücksichtigt der Teilfonds:
a) eine unternehmensweite Ausschlussliste, die Streumunition und Antipersonenlandminen umfasst; und
(b) eine normenbasierte Filterung von Emittenten, die nach Ansicht des Investmentmanagers ihre Geschäfte nicht in Übereinstimmung mit internationalen Normen, darunter den im UNGC festgelegten, durchgeführt haben.
Die oben genannten Ausschluss- und Filterkriterien (die „Ausschlusskriterien“) werden möglicherweise von Zeit zu Zeit aktualisiert. Weitere Informationen erhalten Sie auf der Website Sustainable investing framework (fidelityinternational.com).
Es steht zudem im Ermessen des Investmentmanagers, von Zeit zu Zeit erweiterte, strengere Nachhaltigkeitsanforderungen und Ausschlusskriterien anzuwenden.
Worin bestehen die verbindlichen Elemente der Anlagestrategie, die für die Auswahl der Investitionen zur Erfüllung der beworbenen ökologischen oder sozialen Ziele verwendet werden?
Der  Fonds  wird  mindestens  50%  seines  Vermögens  in  Emittenten  mit  guten ESG-Eigenschaften investieren.
Darüber hinaus wird der Teilfonds die oben beschriebenen Ausschlusskriterien auf alle Direktanlagen bei Unternehmensemittenten anwenden.
Um welchen Mindestsatz wird der Umfang der vor der Anwendung dieser Anlagestrategie in Betracht gezogenen Investitionen reduziert?
Diese Frage ist hier nicht relevant.
Die Verfahrensweisen einer guten
Unternehmensführung umfassen solide Managementstrukturen, die Beziehungen zu den Arbeitnehmern, die Vergütung von Mitarbeitern sowie die Einhaltung der Steuervorschriften.
Wie werden die Verfahrensweisen einer guten Unternehmensführung der Unternehmen, in die investiert wird, bewertet?
Die Governance-Praktiken der Emittenten werden anhand von Fundamentalresearch bewertet, darunter im Rahmen der von externen Agenturen oder Fidelity bereitgestellten ESG-Ratings.
Zu den wichtigsten der analysierten Fragen gehören die Erfolgsbilanz hinsichtlich: Kapitalallokation, finanzieller Transparenz, Transaktionen mit nahestehenden Unternehmen und Personen, Unabhängigkeit und Größe des Vorstands, Vergütung von Führungskräften, Wirtschaftsprüfung und interner Revision, Rechte der Minderheitsaktionäre und anderer Indikatoren. Für staatliche Emittenten werden Faktoren wie Korruption und Meinungsfreiheit einbezogen.
Die Vermögensallokation gibt den jeweiligen Anteil der Investitionen in bestimmte Vermögenswerte an.
Taxonomiekonforme Tätigkeiten, ausgedrückt durch den Anteil der:
- Umsatzerlöse, die den Anteil der Einnahmen aus umweltfreundlichenAktivitäten der Unternehmen, in die investiert wird, widerspiegeln
- Investitionsausgaben (CapEx), die die umweltfreundlichen Investitionen der Unternehmen, in die investiert wird, aufzeigen,z.B. für den Übergang zu einer grünen Wirtschaft- Betriebsausgaben (OpEx), die die umweltfreundlichenbetrieblichen Aktivitäten der Unternehmen, in die investiert wird, widerspiegelnWelche Vermögensallokation ist für dieses Finanzprodukt geplant? 

(#1 Ausgerichtet an E/S-Eigenschaften) Der Teilfonds investiert mindestens 50 seines Vermögens in Wertpapiere von Emittenten mit guten ESG-Eigenschaften.
Inwiefern werden durch den Einsatz von Derivaten die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht?
Wenn das einem Derivat zugrunde liegende Wertpapier im Einklang mit dem System für nachhaltiges Investieren von Fidelity gute ESG-Eigenschaften aufweist, darf das Derivat zur Feststellung des Teilfondsanteils berücksichtigt werden, der Umwelt- oder Sozialeigenschaften fördert.
In welchem Mindestmaß sind nachhaltige Investitionen mit einem Umweltziel mit der EU-Taxonomie konform?
Der Teilfonds investiert mindestens 0% in nachhaltige Anlagen mit einem Umweltziel, die mit der EU-Taxonomie konform sind.
Die Konformität der Anlagen des Teilfonds mit der EU-Taxonomie wird nicht durch Wirtschaftsprüfer oder mittels einer Überprüfung durch Dritte sichergestellt.
Die Ausrichtung der zugrunde liegenden Anlagen des Teilfonds an der EU-Taxonomie wird anhand des Umsatzes gemessen.
Investiert das Finanzprodukt in Aktivitäten im Zusammenhang mit fossilem Gas und/oder Kernenergie, die der EU-Taxonomie¹ entsprechen?
- JaNein
- In fossiles Gas	In KernenergieWie hoch ist der Mindestanteil der Investitionen in Übergangstätigkeiten und ermöglichende Tätigkeiten?

Der Teilfonds investiert mindestens 0% in Übergangstätigkeiten und ermöglichende Tätigkeiten.
Wie hoch ist der Mindestanteil nachhaltiger Investitionen mit einem Umweltziel, die nicht mit der EU-Taxonomie konform sind?
Diese Frage ist hier nicht relevant, da der Teilfonds nicht beabsichtigt, nachhaltige Investitionen zu tätigen.
Wie hoch ist der Mindestanteil der sozial nachhaltigen Investitionen?
Diese Frage ist hier nicht relevant, da der Teilfonds nicht beabsichtigt, nachhaltige Investitionen zu tätigen.
¹ Tätigkeiten im Bereich fossiles Gas und/oder Kernenergie sind nur dann EU-taxonomiekonform, wenn sie zur Eindämmung des Klimawandels („Klimaschutz“) beitragen und kein Ziel der EU-Taxonomie erheblich beeinträchtigen – siehe Erläuterung am linken Rand. Die vollständigen Kriterien für EU-taxonomiekonforme Wirtschaftstätigkeiten im Bereich fossiles Gas und Kernenergie sind in der Delegierten Verordnung (EU) 2022/1214 der Kommission festgelegt.
wird mit ihnen verfolgt und gibt es einen ökologischen oder sozialen Mindestschutz?
Die verbleibenden Anlagen des Teilfonds erfolgen in Instrumenten, die zum Finanzziel des Teilfonds passen, und für Liquiditätszwecke in liquiden Mitteln und liquiden Mitteln gleichstehenden Mitteln sowie in Derivaten, die als Anlagen und für eine effiziente Portfolioverwaltung eingesetzt werden können.
Zur Gewährleistung eines Mindestmaßes an Umwelt- und Sozialabsicherungen wendet der Teilfonds die Ausschlusskriterien an.

###### Wurde ein Index als Referenzwert bestimmt, um festzustellen, ob dieses Finanzprodukt auf die beworbenen ökologischen und/oder sozialen Merkmale ausgerichtet ist?
Es wird kein bestimmter Index als Referenzbenchmark angegeben, um festzustellen, ob dieses Finanzprodukt zu den geförderten Umwelt- oder Sozialeigenschaften passt.
Bei den Referenzwerten handelt es sich um Indizes, mit denen gemessen wird, ob das Finanzprodukt die beworbenen ökologischen oder sozialen Merkmale erreicht.
Inwiefern ist der Referenzwert kontinuierlich auf die mit dem Finanzprodukt beworbenen ökologischen und sozialen Merkmale ausgerichtet?
Diese Frage ist hier nicht relevant.
Wie wird die kontinuierliche Ausrichtung der Anlagestrategie auf die Indexmethode sichergestellt?
Diese Frage ist hier nicht relevant.
Wie unterscheidet sich der bestimmte Index von einem relevanten breiten Marktindex?
Diese Frage ist hier nicht relevant.
Wo kann die Methode zur Berechnung des bestimmten Indexes eingesehen werden?
Diese Frage ist hier nicht relevant.

###### 	Wo kann ich im Internet weitere produktspezifische Informationen finden?
Weitere produktspezifische Informationen finden Sie auf der Website: https:/www.fidelity.lu/funds/factsheet/LU1830996044/tab-disclosure#SFDR-disclosure. 
Weitere Informationen zu den hier dargelegten Methoden finden Sie auf der Website: System fürnachhaltiges Investieren (fidelityinternational.com).
2019/2088 und Artikel 6 Absatz 1 der Verordnung (EU) 2020/852 genannten Finanzprodukten
Name des Produkts:	Unternehmenskennung (LEI- Code):
Fidelity Funds - Sustainable Emerging Market Debt Fund	254900MTI4B5RXM4H295

###### Ökologische und/oder soziale Merkmale
| Werden mit diesem Finanzprodukt nachhaltige Investitionen angestrebt? |
| --- |
|  | - Ja
 |  | Nein |
| - Es wird damit ein MindestanteiI an nachhaltigen Investitionen mit einem Umweltziel getätigt:%
	- in Wirtschaftstätigkeiten, die nach derEU-Taxonomie als ökologisch nachhaltig einzustufen sind

- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie nicht als ökologisch nachhaltig einzustufen sind
- Es wird damit ein Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel getätigt:%
 | Es werden damit ökologische/soziale Merkmale beworben und obwohl keine nachhaltigen Investitionen angestrebt werden, enthält es einen Mindestanteil von 5% an nachhaltigen Investitionen. - mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie als ökologisch nachhaltig einzustufen sindmit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie nicht als ökologisch nachhaltig einzustufen sindmit einem sozialen Ziel
- Es	werden		damit	ökologische/soziale Merkmale	beworben,		aber	keinenachhaltigen Investitionen getätigt.
 |

Welche ökologischen und/ oder sozialen Merkmale werden mit diesem Finanzprodukt beworben?
Mit Nachhaltigkeitsin- dikatoren wird gemessen, inwieweit die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht werden.
Der Teilfonds fördert Umwelt- und Sozialeigenschaften, indem er in Wertpapiere von Emittenten mit guten ESG-Eigenschaften investiert. Gute ESG-Eigenschaften werden anhand von ESG-Ratings ermittelt. ESG-Ratings berücksichtigen Umwelteigenschaften wie CO2-Intensität, CO2-Emissionen, Energieeffizienz, Wasser- und Abfallmanagement und Biodiversität sowie Sozialeigenschaften wie Produktsicherheit, Lieferkette, Gesundheit und Sicherheit sowie Menschenrechte.
Der Teilfonds ist in gewissem Maße bestrebt, nachhaltige Anlagen zu tätigen.
Es wird keine Referenzbenchmark festgelegt, um die geförderten Umwelt- und Sozialeigenschaften zu erreichen.
einzelnen ökologischen oder sozialen Merkmale, die durch dieses Finanzprodukt beworben werden, herangezogen?
Der Teilfonds verwendet die folgenden Nachhaltigkeitsindikatoren, um die Ausprägung der von ihm geförderten Umwelt- oder Sozialeigenschaften zu messen:
- der  Prozentsatz des Teilfonds, der in Wertpapieren von Emittenten mit guten ESG-Eigenschaften im Einklang mit dem System für nachhaltiges Investieren von Fidelity investiert ist;
- in Bezug auf seine Direktanlagen der Prozentsatz des Teilfonds, der in Wertpapiere von Emittenten investiert ist, auf die Ausschlusskriterien (wie unten definiert) zutreffen;
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen investiert ist; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel bei Wirtschaftsaktivitäten investiert ist, die gemäß der EU-Taxonomie nicht als ökologisch nachhaltig gelten; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel investiert ist.

Welches sind die Ziele der nachhaltigen Investitionen, die mit dem
Finanzprodukt teilweise getätigt werden sollen, und wie trägt die nachhaltige Investition zu diesen Zielen bei?
Für den Teilfonds gilt eine Anlage in folgende Emittenten als nachhaltig:
- Emittenten, die wirtschaftliche Tätigkeiten ausüben, die zu einem oder mehreren der in der EU-Taxonomie festgelegten Umweltziele beitragen und gemäß der EU-Taxonomie als ökologisch nachhaltig gelten; oder
- Emittenten, bei denen der Großteil ihrer Geschäftstätigkeit (mehr als 50% des Umsatzes) zu Umwelt- oder Sozialzielen beiträgt, die mit einem oder mehreren der Ziele der Vereinten Nationen für nachhaltige Entwicklung („SDG“) in Einklang stehen; oder
- Emittenten, die ein Dekarbonisierungsziel festgelegt haben, das mit einem Temperaturanstiegsszenario mit 1,5 Grad oder weniger vereinbar ist (überprüft durch die Science Based Target Initiative oder ein Fidelity Proprietary Climate Rating), das als Beitrag zu Umweltzielen angesehen wird;sofern sie keinen wesentlichen Schaden anrichten, Mindestabsicherungen bieten und gute Governance-Kriterien aufweisen.

teilweise getätigt werden sollen, keinem der ökologischen oder sozialen nachhaltigen Anlageziele erheblich schaden?
Nachhaltige Anlagen werden auf ihre Beteiligung an Aktivitäten überprüft, die erheblichen Schaden und Kontroversen verursachen, und durch eine Kontrolle bewertet, ob der Emittent Mindestabsicherungen und -standards hinsichtlich der wichtigsten nachteiligen Auswirkungen (PAI) sowie die Leistung bei den PAI-Kennzahlen umsetzt bzw. erfüllt. Dazu gehören:
- Normenbasierte Filterkriterien – das Filtern von Wertpapieren, die gemäß den bestehenden (unten beschriebenen) normenbasierten Filterkriterien von Fidelity ermittelt wurden, anhand von:
- aktivitätsbasierten Filterkriterien – das Filtern von Emittenten auf der Grundlage ihrer Beteiligung an Aktivitäten mit erheblichen negativen Auswirkungen auf die Gesellschaft oder die Umwelt, darunter Emittenten, bei denen aufgrund der Filterkriterien für Kontroversen eine„sehr gravierende“ Kontroverse vorliegt, die im Bereich
- Umwelt,
- Menschenrechte und Gemeinschaften,
- Arbeitnehmerrechte und Lieferkette,
- Kunden,
- Governance angesiedelt ist; und anhand von
	- PAI-Indikatoren. Quantitative Daten (sofern verfügbar) zu PAI-Indikatoren werden verwendet, um zu bewerten, ob ein Emittent an Aktivitäten beteiligt ist, die einem Umwelt- oder Sozialziel erheblichen Schaden zufügen.


Bei den wichtigsten nachteiligen Auswirkungen handelt es sich um die bedeutendsten nachteiligen Auswirkungen von Investitionsentscheidun- gen auf NachhaItigkeitsfaktoren in den Bereichen Umwelt, Soziales und Beschäftigung, Achtung der Menschenrechte und Bekämpfung von Korruption und Bestechung.
Wie wurden die Indikatoren für nachteilige Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Für nachhaltige Anlagen, wie oben beschrieben, führt Fidelity eine quantitative Bewertung durch, um Emittenten mit einer problematischen Leistung bei PAI-Indikatoren zu ermitteln. Emittenten mit einer niedrigen Punktzahl kommen nur dann für „nachhaltige Anlagen“ infrage, wenn die Fundamentalresearch von Fidelity feststellt, dass der Emittent nicht gegen die Anforderungen verstößt, „keinen wesentlichen Schaden anrichtet“ oder sich auf einem Weg befindet, um die nachteiligen Auswirkungen durch effektives Management oder einen Übergang abzumildern.
Wie stehen die nachhaltigen Investitionen mit den OECD-Leitsätzen für multinationale Unternehmen und den Leitprinzipien der Vereinten Nationen für Wirtschaft und
Menschenrechte in Einklang? Nähere Angaben:
Es werden normenbasierte Filterkriterien angewendet: Emittenten, bei denen festgestellt wurde, dass sie sich nicht in einer Weise verhalten, die ihrer grundlegenden Verantwortung in den Bereichen Menschenrechte, Arbeit, Umwelt und Korruptionsbekämpfung im Einklang mit internationalen Normen gerecht wird, darunter denjenigen, die in den OECD-Leitsätzen für multinationale Unternehmen, den Leitprinzipien der Vereinten Nationen für Wirtschaft und Menschenrechte, dem UN Global Compact (UNGC) und den IAO-Standards der Internationalen Arbeitsorganisation (ILO) festgelegt sind, kommen für nachhaltige Investitionen nicht infrage.
In der EU-Taxonomie ist der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" festgelegt, nach dem taxonomiekonforme Investitionen die Ziele der EU-Taxonomie nicht erheblich beeinträchtigen dürfen, und es sind spezifische EU-Kriterien beigefügt. Der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" findet nur bei denjenigen dem Finanzprodukt zugrunde liegenden Investitionen Anwendung, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten berücksichtigen. Die dem verbleibenden Teil dieses  Finanzprodukts zugrunde  liegenden Investitionen berücksichtigen nicht die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten. Alle anderen nachhaltigen Investitionen dürfen ökologische oder soziale Ziele ebenfalls nicht erheblich beeinträchtigen.

###### Werden bei diesem Finanzprodukt die wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Ja
- NeinDie wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren werden mit Hilfe einer Vielzahl von Instrumenten berücksichtigt und in Anlageentscheidungen einbezogen. Hierzu zählen:
- Due Diligence – Analyse, ob die wichtigsten nachteiligen Auswirkungen (PAI) wesentlich und negativ sind.
- ESG-Rating – Fidelity bezieht sich auf ESG-Ratings, die wesentliche nachteilige Auswirkungen wie CO2-Emissionen, Mitarbeitersicherheit, Bestechung und Korruption sowie Wassermanagement berücksichtigen, und bei den von Staaten ausgegebenen Wertpapieren berücksichtigen die verwendeten Ratings wichtige nachteilige Auswirkungen (PAI) wie CO2-Emissionen, Sozialverstöße und die Meinungsfreiheit.
- Ausschlusskriterien – Bei Direktanlagen in Unternehmen als Emittenten wendet der Teilfonds die (unten definierten) Ausschlusskriterien an, um die wichtigsten nachteiligen Auswirkungen abzumildern. Dazu schließt er schädliche Sektoren aus und verbietet Investitionen in Emittenten, die gegen internationale Standards wie den UNGC verstoßen.
- Mitwirkung – Fidelity nutzt Mitwirkung als ein Instrument, um die wichtigsten nachteiligen Auswirkungen besser zu verstehen und sich unter bestimmten Umständen für die Abmilderung der wichtigsten nachteiligen Auswirkungen einzusetzen. Fidelity beteiligt sich an relevanten individuellen und kollaborativen Arten der Mitwirkung, die auf eine Reihe von wichtigen negativen Auswirkungen abzielen (z. B. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Abstimmungsverhalten – Die Abstimmungspolitik von Fidelity umfasst bei Unternehmen als Emittenten explizite Mindeststandards für die Geschlechtervielfalt im Aufsichtsrat und die Auseinandersetzung mit dem Klimawandel. Fidelity kann auch auf eine Weise abstimmen, dass die wichtigsten nachteiligen Auswirkungen abgemildert werden.
- Vierteljährliche Überprüfungen – Überwachung der wichtigsten nachteiligen Auswirkungen (PAI) durch den vierteljährlichen Überprüfungsprozess des Teilfonds.

Wenn es um die Frage geht, ob Investitionen eine wesentliche nachteilige Auswirkung haben, berücksichtigt Fidelity für jeden Nachhaltigkeitsfaktor spezifische Indikatoren. Diese Indikatoren hängen von der Datenverfügbarkeit ab und können sich mit zunehmender Datenqualität und
-verfügbarkeit weiterentwickeln.
Informationen über die wichtigsten nachteiligen Auswirkungen werden im Jahresbericht des Teilfonds zur Verfügung gestellt.

###### Welche Anlagestrategie wird mit diesem Finanzprodukt verfolgt?
Die Anlagestrategie dient aIs Richtschnur für Investitionsentscheidun- gen, wobei bestimmte Kriterien wie beispielsweise Investitionsziele oder Risikotoleranz
berücksichtigt werden.
Der Teilfonds gehört zur Familie der Fidelity Nachhaltigkeitsfonds und verfolgt eine auf Nachhaltigkeit ausgerichtete Strategie, nach der mindestens 70% des Nettovermögens des Teilfonds in Wertpapiere investiert werden, die gute ESG-Eigenschaften aufweisen.
Ob ESG-Eigenschaften gut sind, wird anhand von ESG-Ratings externer Agenturen und von Fidelity ESG-Ratings ermittelt.
Emittenten, deren Rating sie für die Zwecke des Primärziels (mindestens 70% des Vermögens) als ungeeignet zur Einstufung als Unternehmen mit guten ESG-Eigenschaften erscheinen lässt, können im Umfang von bis zu 30% des Nettovermögens aufgenommen werden, sofern sie nachweisen können, dass sie sich hinsichtlich ihrer ESG-Eigenschaften auf dem Weg der Besserung befinden.
In Bezug auf seine Direktanlagen berücksichtigt der Teilfonds:
- eine unternehmensweite Ausschlussliste, die Streumunition und Antipersonenminen umfasst, und
- eine prinzipienbasierte Ausschlussrichtlinie, die Folgendes beinhaltet:
	- eine normenbasierte Filterung von Emittenten, die nach Auffassung des Investmentmanagers ihre Geschäfte nicht in Übereinstimmung mit internationalen Normen, darunter denen des UNGC, geführt haben; und
	- ein Filterkriterium, durch das bestimmte Sektoren, Emittenten oder Praktiken auf der Grundlage konkreter ESG-Kriterien ausgeschlossen werden können, wobei für diese Kriterien möglicherweise auch Umsatzschwellen angewendet werden.


Die oben genannten Ausschluss- und Filterkriterien (die „Ausschlusskriterien“) werden möglicherweise von Zeit zu Zeit aktualisiert. Weitere Informationen erhalten Sie auf der Website Sustainable investing framework (fidelityinternational.com).
Es steht zudem im Ermessen des Investmentmanagers, von Zeit zu Zeit erweiterte, strengere Nachhaltigkeitsanforderungen und Ausschlusskriterien anzuwenden.
Worin bestehen die verbindlichen Elemente der Anlagestrategie, die für die Auswahl der Investitionen zur Erfüllung der beworbenen ökologischen oder sozialen Ziele verwendet werden?
Der Teilfonds investiert:
- mindestens 70% seines Vermögens in Emittenten mit guten ESG-Eigenschaften; und
- mindestens 5% in nachhaltige Anlagen, von denen mindestens 0% ein Umweltziel verfolgen, das sich an der EU-Taxonomie orientiert, mindestens 1% ein Umweltziel, das sich nicht an der EU-Taxonomie orientiert, und mindestens 1% ein Sozialziel.

Darüber hinaus wird der Teilfonds die Ausschlusskriterien, wie oben beschrieben, systematisch anwenden.
Um welchen Mindestsatz wird der Umfang der vor der Anwendung dieser Anlagestrategie in Betracht gezogenen Investitionen reduziert?
Diese Frage ist hier nicht relevant.
Die Verfahrensweisen einer guten
Unternehmensführung umfassen solide Managementstrukturen, die Beziehungen zu den Arbeitnehmern, die Vergütung von Mitarbeitern sowie die Einhaltung der Steuervorschriften.
Wie werden die Verfahrensweisen einer guten Unternehmensführung der Unternehmen, in die investiert wird, bewertet?
Die Governance-Praktiken der Emittenten werden anhand von Fundamentalresearch bewertet, darunter im Rahmen der von externen Agenturen und Fidelity bereitgestellten ESG-Ratings.
Zu den wichtigsten der analysierten Fragen gehören die Erfolgsbilanz hinsichtlich: Kapitalallokation, finanzieller Transparenz, Transaktionen mit nahestehenden Unternehmen und Personen, Unabhängigkeit und Größe des Vorstands, Vergütung von Führungskräften, Wirtschaftsprüfung und interner Revision, Rechte der Minderheitsaktionäre und anderer Indikatoren. Für staatliche Emittenten werden Faktoren wie Korruption und Meinungsfreiheit einbezogen.

###### Welche Vermögensallokation ist für dieses Finanzprodukt geplant?
Die Vermögensallokation gibt den jeweiligen Anteil der Investitionen in bestimmte Vermögenswerte an.
Taxonomiekonforme Tätigkeiten, ausgedrückt durch den Anteil der:
- Umsatzerlöse, die den Anteil der Einnahmen aus umweltfreundlichenAktivitäten der Unternehmen, in die investiert wird, widerspiegeln
- Investitionsausgaben (CapEx), die die umweltfreundlichen Investitionen der Unternehmen, in die investiert wird, aufzeigen,z.B. für den Übergang zu einer grünen Wirtschaft- Betriebsausgaben (OpEx), die die umweltfreundlichenbetrieblichen Aktivitäten der Unternehmen, in die investiert wird, widerspiegeln(#1 Ausgerichtet an E/S-Eigenschaften) Der Teilfonds investiert:
- mindestens 70% seines	Vermögens	in	Wertpapieren	von	Emittenten	mit	guten ESG-Eigenschaften;
- mindestens 5% seines Vermögens in nachhaltigen (#1A nachhaltig), von denen mindestens 0% ein	ökologisches	Ziel	(das	mit	der	EU-Taxonomie	übereinstimmt), mindestens 1% ein ökologisches Ziel (das nicht mit der EU-Taxonomie übereinstimmt) und mindestens 1% ein Sozialziel haben. Die übrigen nachhaltigen Anlagen des Teilfonds können ein Umwelt- oder Sozialziel verfolgen.

Sonstige Umweltziele 1%
(#1B Sonstige E/S-Eigenschaften) Umfasst Wertpapiere von Emittenten mit guten ESG-Eigenschaften, die aber keine nachhaltigen Anlagen sind.
#1A Nachhaltige
Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale
70%
Investitionen 5%
#1B Andere ökologische oder soziale Merkmale
Soziales 1%
#2 Andere Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst Investitionen des Finanzprodukts, die zur Erreichung der beworbenen ökologischen oder sozialen Merkmale getätigt wurden.
#2 Andere Investitionen umfasst die übrigen Investitionen des Finanzprodukts, die weder auf ökologische oder soziale Merkmale ausgerichtet sind noch als nachhaltige Investitionen eingestuft werden.
Die Kategorie #1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst folgende Unterkategorien:
Die Unterkategorie #1A Nachhaltige Investitionen umfasst nachhaltige Investitionen mit ökologischen oder sozialen Zielen.
Die Unterkategorie #1B Andere ökologische oder soziale Merkmale umfasst Investitionen, die auf ökologische oder soziale Merkmale ausgerichtet sind, aber nicht als nachhaltige Investitionen eingestuft werden.
Inwiefern werden durch den Einsatz von Derivaten die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht?
Wenn das einem Derivat zugrunde liegende Wertpapier im Einklang mit dem System für nachhaltiges Investieren von Fidelity gute ESG-Eigenschaften aufweist, darf das Derivat zur Feststellung des Teilfondsanteils berücksichtigt werden, der Umwelt- oder Sozialeigenschaften fördert.
In welchem Mindestmaß sind nachhaltige Investitionen mit einem Umweltziel mit der EU-Taxonomie konform?
Der Teilfonds investiert mindestens 0% in nachhaltige Anlagen mit einem Umweltziel, die mit der EU-Taxonomie konform sind.
Die Konformität der Anlagen des Teilfonds mit der EU-Taxonomie wird nicht durch Wirtschaftsprüfer oder mittels einer Überprüfung durch Dritte sichergestellt.
Die Ausrichtung der zugrunde liegenden Anlagen des Teilfonds an der EU-Taxonomie wird anhand des Umsatzes gemessen.
Investiert das Finanzprodukt in Aktivitäten im Zusammenhang mit fossilem Gas und/oder Kernenergie, die der EU-Taxonomie¹ entsprechen?
- JaNein
- In fossiles Gas	In KernenergieWie hoch ist der Mindestanteil der Investitionen in Übergangstätigkeiten und ermöglichende Tätigkeiten?

Der Teilfonds investiert mindestens 0% in Übergangstätigkeiten und ermöglichende Tätigkeiten.
Wie hoch ist der Mindestanteil nachhaltiger Investitionen mit einem Umweltziel, die nicht mit der EU-Taxonomie konform sind?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Umweltziel, das nicht mit der EU-Taxonomie konform ist.
Die Anlagen können zwar mit der EU-Taxonomie konform sein, aber der Investmentmanager ist derzeit nicht in der Lage, den genauen Anteil der Anlagen des Teilfonds anzugeben, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftstätigkeiten berücksichtigen. Die Position wird jedoch weiterhin überprüft, wenn die zugrunde liegenden Regeln festgelegt sind und im Laufe der Zeit mehr zuverlässige Daten zur Verfügung stehen.
¹ Tätigkeiten im Bereich fossiles Gas und/oder Kernenergie sind nur dann EU-taxonomiekonform, wenn sie zur Eindämmung des Klimawandels („Klimaschutz“) beitragen und kein Ziel der EU-Taxonomie erheblich beeinträchtigen – siehe Erläuterung am linken Rand. Die vollständigen Kriterien für EU-taxonomiekonforme Wirtschaftstätigkeiten im Bereich fossiles Gas und Kernenergie sind in der Delegierten Verordnung (EU) 2022/1214 der Kommission festgelegt.
Wie hoch ist der Mindestanteil der sozial nachhaltigen Investitionen?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Sozialziel.
Welche Investitionen fallen unter ,,#2 Andere Investitionen", welcher Anlagezweck wird mit ihnen verfolgt und gibt es einen ökologischen oder sozialen Mindestschutz?
Die verbleibenden Anlagen des Teilfonds können in Wertpapieren von Emittenten erfolgen, die nachweisen können, dass sie sich in Bezug auf ihre ESG-Eigenschaften auf einem Kurs der Verbesserung befinden, und für Liquiditätszwecke in liquiden Mitteln und liquiden Mitteln gleichstehenden Mitteln sowie in Derivaten, die als Anlagen und für ein effizientes Portfoliomanagement eingesetzt werden können.
Zur Gewährleistung eines Mindestmaßes an Umwelt- und Sozialabsicherungen wendet der Teilfonds die Ausschlusskriterien an.

###### Wurde ein Index als Referenzwert bestimmt, um festzustellen, ob dieses Finanzprodukt auf die beworbenen ökologischen und/oder sozialen Merkmale ausgerichtet ist?
Es wird kein bestimmter Index als Referenzbenchmark angegeben, um festzustellen, ob dieses Finanzprodukt zu den geförderten Umwelt- oder Sozialeigenschaften passt.
Bei den Referenzwerten handelt es sich um Indizes, mit denen gemessen wird, ob das Finanzprodukt die beworbenen ökologischen oder sozialen Merkmale erreicht.
Inwiefern ist der Referenzwert kontinuierlich auf die mit dem Finanzprodukt beworbenen ökologischen und sozialen Merkmale ausgerichtet?
Diese Frage ist hier nicht relevant.
Wie wird die kontinuierliche Ausrichtung der Anlagestrategie auf die Indexmethode sichergestellt?
Diese Frage ist hier nicht relevant.
Wie unterscheidet sich der bestimmte Index von einem relevanten breiten Marktindex?
Diese Frage ist hier nicht relevant.
Wo kann die Methode zur Berechnung des bestimmten Indexes eingesehen werden?
Diese Frage ist hier nicht relevant.

###### 	Wo kann ich im Internet weitere produktspezifische Informationen finden?
Weitere produktspezifische Informationen finden Sie auf der Website: https:/www.fidelity.lu/funds/factsheet/LU2546725644/tab-disclosure#SFDR-disclosure. 
Weitere Informationen zu den hier dargelegten Methoden finden Sie auf der Website: System fürnachhaltiges Investieren (fidelityinternational.com).
Vorvertragliche Informationen zu den in Artikel 8 Absätze 1, 2 und 2a der Verordnung (EU) 2019/2088 und Artikel 6 Absatz 1 der Verordnung (EU) 2020/852 genannten Finanzprodukten
Name des Produkts:	Unternehmenskennung (LEI- Code):
Fidelity Funds - European Multi Asset Income Fund	549300P3VQEECSQRUQ90

###### Ökologische und/oder soziale Merkmale
| Werden mit diesem Finanzprodukt nachhaltige Investitionen angestrebt? |
| --- |
|  | - Ja
 |  | Nein |
| - Es wird damit ein MindestanteiI an nachhaltigen Investitionen mit einem Umweltziel getätigt:%
	- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie als ökologisch nachhaltig einzustufen sind
	- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie nicht als ökologisch nachhaltig einzustufen sind

- Es wird damit ein Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel getätigt:%
 | Es werden damit ökologische/soziale Merkmale beworben und obwohl keine nachhaltigen Investitionen angestrebt werden, enthält es einen Mindestanteil von 2% an nachhaltigen Investitionen. - mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie als ökologisch nachhaltig einzustufen sindmit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie nicht als ökologisch nachhaltig einzustufen sindmit einem sozialen Ziel
- Es	werden		damit	ökologische/soziale Merkmale	beworben,		aber	keinenachhaltigen Investitionen getätigt.
 |

Welche ökologischen und/ oder sozialen Merkmale werden mit diesem Finanzprodukt beworben?
Mit Nachhaltigkeitsin- dikatoren wird gemessen, inwieweit die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht werden.
Der Teilfonds fördert Umwelt- und Sozialeigenschaften, indem er in Wertpapiere von Emittenten mit guten ESG-Eigenschaften investiert. Gute ESG-Eigenschaften werden anhand von ESG-Ratings ermittelt. ESG-Ratings berücksichtigen Umwelteigenschaften wie CO2-Intensität, CO2-Emissionen, Energieeffizienz, Wasser- und Abfallmanagement und Biodiversität sowie Sozialeigenschaften wie Produktsicherheit, Lieferkette, Gesundheit und Sicherheit sowie Menschenrechte.
Der Teilfonds ist in gewissem Maße bestrebt, nachhaltige Anlagen zu tätigen.
Es wird keine Referenzbenchmark festgelegt, um die geförderten Umwelt- und Sozialeigenschaften zu erreichen.
einzelnen ökologischen oder sozialen Merkmale, die durch dieses Finanzprodukt beworben werden, herangezogen?
Der Teilfonds verwendet die folgenden Nachhaltigkeitsindikatoren, um die Ausprägung der von ihm geförderten Umwelt- oder Sozialeigenschaften zu messen:
- der  Prozentsatz des Teilfonds, der in Wertpapieren von Emittenten mit guten ESG-Eigenschaften im Einklang mit dem System für nachhaltiges Investieren von Fidelity investiert ist;
- in Bezug auf seine Direktanlagen in Unternehmen als Emittenten der Prozentsatz des Teilfonds, der in Wertpapiere von Emittenten investiert ist, auf die Ausschlusskriterien (wie unten definiert) zutreffen;
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen investiert ist; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel bei Wirtschaftsaktivitäten investiert ist, die gemäß der EU-Taxonomie nicht als ökologisch nachhaltig gelten; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel investiert ist.

Welches sind die Ziele der nachhaltigen Investitionen, die mit dem
Finanzprodukt teilweise getätigt werden sollen, und wie trägt die nachhaltige Investition zu diesen Zielen bei?
Der Teilfonds ermittelt wie folgt, ob eine Anlage nachhaltig ist:
- Emittenten, die wirtschaftliche Tätigkeiten ausüben, die zu einem oder mehreren der in der EU-Taxonomie festgelegten Umweltziele beitragen und gemäß der EU-Taxonomie als ökologisch nachhaltig gelten; oder
- Emittenten, bei denen der Großteil ihrer Geschäftstätigkeit (mehr als 50% des Umsatzes) zu ökologischen oder sozialen Zielen beiträgt, die mit einem oder mehreren der Ziele der Vereinten Nationen für nachhaltige Entwicklung („SDG“) in Einklang stehen; oder
- Emittenten, die ein Dekarbonisierungsziel festgelegt haben, das mit einem Temperaturanstiegsszenario mit 1,5 Grad oder weniger vereinbar ist (überprüft durch die Science Based Target Initiative oder ein Fidelity Proprietary Climate Rating), das als Beitrag zu Umweltzielen angesehen wird;sofern sie keinen wesentlichen Schaden anrichten, Mindestabsicherungen bieten und gute Governance-Kriterien aufweisen.

teilweise getätigt werden sollen, keinem der ökologischen oder sozialen nachhaltigen Anlageziele erheblich schaden?
Nachhaltige Anlagen werden auf ihre Beteiligung an Aktivitäten überprüft, die erheblichen Schaden und Kontroversen verursachen, und durch eine Kontrolle bewertet, ob der Emittent Mindestabsicherungen und -standards hinsichtlich der wichtigsten nachteiligen Auswirkungen (PAI) sowie die Leistung bei den PAI-Kennzahlen umsetzt bzw. erfüllt. Dazu gehören:
- Normenbasierte Filterkriterien – das Filtern von Wertpapieren, die gemäß den bestehenden (unten beschriebenen) normenbasierten Filterkriterien von Fidelity ermittelt wurden, anhand von:
- aktivitätsbasierten Filterkriterien – das Filtern von Emittenten auf der Grundlage ihrer Beteiligung an Aktivitäten mit erheblichen negativen Auswirkungen auf die Gesellschaft oder die Umwelt, darunter Emittenten, bei denen aufgrund der Filterkriterien für Kontroversen eine„sehr gravierende“ Kontroverse vorliegt, die im Bereich
- Umwelt,
- Menschenrechte und Gemeinschaften,
- Arbeitnehmerrechte und Lieferkette,
- Kunden,
- Governance angesiedelt ist; und anhand von
	- PAI-Indikatoren. Quantitative Daten (sofern verfügbar) zu PAI-Indikatoren werden verwendet, um zu bewerten, ob ein Emittent an Aktivitäten beteiligt ist, die einem Umwelt- oder Sozialziel erheblichen Schaden zufügen.


Bei den wichtigsten nachteiligen Auswirkungen handelt es sich um die bedeutendsten nachteiligen Auswirkungen von Investitionsentscheidun- gen auf NachhaItigkeitsfaktoren in den Bereichen Umwelt, Soziales und Beschäftigung, Achtung der Menschenrechte und Bekämpfung von Korruption und Bestechung.
Wie wurden die Indikatoren für nachteilige Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Für nachhaltige Anlagen, wie oben beschrieben, führt Fidelity eine quantitative Bewertung  durch,  um  Unternehmen  mit  einer  problematischen  Leistung  bei PAI-Indikatoren zu ermitteln. Emittenten mit einer niedrigen Punktzahl kommen nur dann für „nachhaltige Anlagen“ infrage, wenn die Fundamentalresearch von Fidelity feststellt, dass der Emittent nicht gegen die Anforderungen verstößt, „keinen wesentlichen Schaden anrichtet“ oder sich auf einem Weg befindet, um die nachteiligen Auswirkungen durch effektives Management oder einen Übergang abzumildern.
Wie stehen die nachhaltigen Investitionen mit den OECD-Leitsätzen für multinationale Unternehmen und den Leitprinzipien der Vereinten Nationen für Wirtschaft und
Menschenrechte in Einklang? Nähere Angaben:
Es werden normenbasierte Filterkriterien angewendet: Emittenten, bei denen festgestellt wurde, dass sie sich nicht in einer Weise verhalten, die ihrer grundlegenden Verantwortung in den Bereichen Menschenrechte, Arbeit, Umwelt und Korruptionsbekämpfung im Einklang mit internationalen Normen gerecht wird, darunter denjenigen, die in den OECD-Leitsätzen für multinationale Unternehmen, den Leitprinzipien der Vereinten Nationen für Wirtschaft und Menschenrechte, dem UN Global Compact (UNGC) und den IAO-Standards der Internationalen Arbeitsorganisation (ILO) festgelegt sind, kommen für nachhaltige Investitionen nicht infrage.
In der EU-Taxonomie ist der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" festgelegt, nach dem taxonomiekonforme Investitionen die Ziele der EU-Taxonomie nicht erheblich beeinträchtigen dürfen, und es sind spezifische EU-Kriterien beigefügt. Der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" findet nur bei denjenigen dem Finanzprodukt zugrunde liegenden Investitionen Anwendung, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten berücksichtigen. Die dem verbleibenden Teil dieses  Finanzprodukts zugrunde  liegenden Investitionen berücksichtigen nicht die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten. Alle anderen nachhaltigen Investitionen dürfen ökologische oder soziale Ziele ebenfalls nicht erheblich beeinträchtigen.

###### Werden bei diesem Finanzprodukt die wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Ja
- NeinDie wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren werden mit Hilfe einer Vielzahl von Instrumenten berücksichtigt und in Anlageentscheidungen einbezogen. Hierzu zählen:
- Due Diligence – Analyse, ob die wichtigsten nachteiligen Auswirkungen (PAI) wesentlich und negativ sind.
- ESG-Rating – Fidelity bezieht sich auf ESG-Ratings, die wesentliche nachteilige Auswirkungen wie CO2-Emissionen, Mitarbeitersicherheit, Bestechung und Korruption sowie Wassermanagement berücksichtigen, und bei den von Staaten ausgegebenen Wertpapieren berücksichtigen die verwendeten Ratings wichtige nachteilige Auswirkungen (PAI) wie CO2-Emissionen, Sozialverstöße und die Meinungsfreiheit.
- Ausschlusskriterien – Bei Direktanlagen in Unternehmen als Emittenten wendet der Teilfonds die (unten definierten) Ausschlusskriterien an, um die wichtigsten nachteiligen Auswirkungen abzumildern. Dazu schließt er schädliche Sektoren aus und verbietet Investitionen in Emittenten, die gegen internationale Standards wie den UNGC verstoßen.
- Mitwirkung – Fidelity nutzt Mitwirkung als ein Instrument, um die wichtigsten nachteiligen Auswirkungen besser zu verstehen und sich unter bestimmten Umständen für die Abmilderung der wichtigsten nachteiligen Auswirkungen einzusetzen. Fidelity beteiligt sich an relevanten individuellen und kollaborativen Arten der Mitwirkung, die auf eine Reihe von wichtigen negativen Auswirkungen abzielen (z. B. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Abstimmungsverhalten – Die Abstimmungspolitik von Fidelity umfasst bei Unternehmen als Emittenten explizite Mindeststandards für die Geschlechtervielfalt im Aufsichtsrat und die Auseinandersetzung mit dem Klimawandel. Fidelity kann auch auf eine Weise abstimmen, dass die wichtigsten nachteiligen Auswirkungen abgemildert werden.
- Vierteljährliche Überprüfungen – Überwachung der wichtigsten nachteiligen Auswirkungen (PAI) durch den vierteljährlichen Überprüfungsprozess des Teilfonds.

Wenn es um die Frage geht, ob Investitionen eine wesentliche nachteilige Auswirkung haben, berücksichtigt Fidelity für jeden Nachhaltigkeitsfaktor spezifische Indikatoren. Diese Indikatoren hängen von der Datenverfügbarkeit ab und können sich mit zunehmender Datenqualität und
-verfügbarkeit weiterentwickeln.
Informationen über die wichtigsten nachteiligen Auswirkungen werden im Jahresbericht des Teilfonds zur Verfügung gestellt.

###### Welche Anlagestrategie wird mit diesem Finanzprodukt verfolgt?
Die Anlagestrategie dient aIs Richtschnur für Investitionsentscheidun- gen, wobei bestimmte Kriterien wie beispielsweise Investitionsziele oder Risikotoleranz
berücksichtigt werden.
Mindestens 50% des Nettovermögens des Teilfonds werden in Wertpapiere investiert, die gute ESG-Eigenschaften aufweisen.
Ob ESG-Eigenschaften gut sind, wird anhand von ESG-Ratings externer Agenturen und von Fidelity ESG-Ratings ermittelt.
Das Multi Asset Research-Team von Fidelity ist bestrebt, den ESG-Ansatz eines einzelnen Managers zu verstehen. Hierzu wird bewertet, inwieweit ESG-Überlegungen im Investmentprozess und in der Philosophie, in der Finanzanalyse des Analysten und bei der Zusammensetzung des Portfolios berücksichtigt werden. Das Team berücksichtigt, wie ESG-Faktoren in die Anlagepolitik der Strategie integriert werden und, sofern eigene Ratings verwendet werden, wie sich die ESG-Research und ihre Ergebnisse in der Gewichtung der einzelnen Wertpapiere und in den anwendbaren Engagement- und Ausschlussrichtlinien widerspiegeln. Um die ESG-Kennzahlen der jeweiligen Strategien zu bewerten, untersucht das Team Daten aus einer Reihe von Quellen, zu denen u. a. Fidelity Sustainability Ratings sowie Daten von Drittanbietern gehören.
In Bezug auf seine Direktanlagen in Unternehmensemittenten berücksichtigt der Teilfonds:
- eine unternehmensweite Ausschlussliste, die Streumunition und Antipersonenlandminen umfasst; und
- eine normenbasierte Filterung von Emittenten, die nach Ansicht des Investmentmanagers ihre Geschäfte nicht in Übereinstimmung mit internationalen Normen (wie oben beschrieben), durchgeführt haben.

Die oben genannten Ausschluss- und Filterkriterien (die „Ausschlusskriterien“) werden möglicherweise von Zeit zu Zeit aktualisiert. Weitere Informationen erhalten Sie auf der Website Sustainable investing framework (fidelityinternational.com).
Es steht zudem im Ermessen des Investmentmanagers, von Zeit zu Zeit erweiterte, strengere Nachhaltigkeitsanforderungen und Ausschlusskriterien anzuwenden.
Worin bestehen die verbindlichen Elemente der Anlagestrategie, die für die Auswahl der Investitionen zur Erfüllung der beworbenen ökologischen oder sozialen Ziele verwendet werden?
Der Teilfonds investiert:
- mindestens  50%  seines  Vermögens in Wertpapiere von Emittenten mit guten ESG-Eigenschaften,
- mindestens 2% in nachhaltige Anlagen, von denen mindestens 0% ein Umweltziel aufweisen, das sich an der EU-Taxonomie orientiert, mindestens 1% ein Umweltziel, das sich nicht an der EU-Taxonomie orientiert, und mindestens 1% ein Sozialziel verfolgen.

Darüber hinaus wird der Teilfonds die oben beschriebenen Ausschlusskriterien systematisch anwenden.
Um welchen Mindestsatz wird der Umfang der vor der Anwendung dieser Anlagestrategie in Betracht gezogenen Investitionen reduziert?
Diese Frage ist hier nicht relevant.
Die Verfahrensweisen einer guten
Unternehmensführung umfassen solide Managementstrukturen, die Beziehungen zu den Arbeitnehmern, die Vergütung von Mitarbeitern sowie die Einhaltung der Steuervorschriften.
Wie werden die Verfahrensweisen einer guten Unternehmensführung der Unternehmen, in die investiert wird, bewertet?
Die Governance-Praktiken der Emittenten werden anhand von Fundamentalresearch bewertet, die Fidelity ESG-Ratings sowie Daten zu Kontroversen und Verstößen gegen den UN Global Compact berücksichtigt.
Zu den wichtigsten Punkten, die analysiert werden, gehören unter anderem die Erfolgsbilanz der Kapitalallokation, die finanzielle Transparenz, Transaktionen mit nahestehenden Parteien, die Unabhängigkeit und Größe des Vorstands, die Vergütung der Führungskräfte, die Abschlussprüfer und die interne Aufsicht sowie die Rechte der Minderheitsanteilinhaber.

###### Welche Vermögensallokation ist für dieses Finanzprodukt geplant?
Die Vermögensallokation gibt den jeweiligen Anteil der Investitionen in bestimmte Vermögenswerte an.
Taxonomiekonforme Tätigkeiten, ausgedrückt durch den Anteil der:
- Umsatzerlöse, die den Anteil der Einnahmen aus umweltfreundlichenAktivitäten der Unternehmen, in die investiert wird, widerspiegeln
- Investitionsausgaben (CapEx), die die umweltfreundlichen Investitionen der Unternehmen, in die investiert wird, aufzeigen,z.B. für den Übergang zu einer grünen Wirtschaft- Betriebsausgaben (OpEx), die die umweltfreundlichenbetrieblichen Aktivitäten der Unternehmen, in die investiert wird, widerspiegeln(#1 Ausgerichtet an E/S-Eigenschaften) Der Teilfonds investiert:
- mindestens 50% seines	Vermögens	in	Wertpapiere	von	Emittenten	mit	guten ESG-Eigenschaften,
- mindestens 2% seines Vermögens in nachhaltige (#1A nachhaltig) Anlagen, von denen mindestens 0% ein Umweltziel verfolgen (das an der EU-Taxonomie ausgerichtet ist), mindestens 1% ein Umweltziel haben (das nicht an der EU-Taxonomie ausgerichtet ist) und mindestens 1% ein Sozialziel haben.

Sonstige Umweltziele 1%
(#1B Sonstige E/S-Eigenschaften) Umfasst Wertpapiere von Emittenten mit guten ESG-Eigenschaften, die aber keine nachhaltigen Anlagen sind.
Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale
50%
#1A Nachhaltige Investitionen
2%
#1B Andere ökologische oder soziale Merkmale
Soziales 1%
#2 Andere Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst Investitionen des Finanzprodukts, die zur Erreichung der beworbenen ökologischen oder sozialen Merkmale getätigt wurden.
#2 Andere Investitionen umfasst die übrigen Investitionen des Finanzprodukts, die weder auf ökologische oder soziale Merkmale ausgerichtet sind noch als nachhaltige Investitionen eingestuft werden.
Die Kategorie #1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst folgende Unterkategorien:
Die Unterkategorie #1A Nachhaltige Investitionen umfasst nachhaltige Investitionen mit ökologischen oder sozialen Zielen.
Die Unterkategorie #1B Andere ökologische oder soziale Merkmale umfasst Investitionen, die auf ökologische oder soziale Merkmale ausgerichtet sind, aber nicht als nachhaltige Investitionen eingestuft werden.
Inwiefern werden durch den Einsatz von Derivaten die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht?
Wenn das einem Derivat zugrunde liegende Wertpapier im Einklang mit dem System für nachhaltiges Investieren von Fidelity gute ESG-Eigenschaften aufweist, darf das Derivat zur Feststellung des Teilfondsanteils berücksichtigt werden, der Umwelt- oder Sozialeigenschaften fördert.
In welchem Mindestmaß sind nachhaltige Investitionen mit einem Umweltziel mit der EU-Taxonomie konform?
Der Teilfonds investiert mindestens 0% in nachhaltige Anlagen mit einem Umweltziel, die mit der EU-Taxonomie konform sind.
Die Konformität der Anlagen des Teilfonds mit der EU-Taxonomie wird nicht durch Wirtschaftsprüfer oder mittels einer Überprüfung durch Dritte sichergestellt.
Die Ausrichtung der zugrunde liegenden Anlagen des Teilfonds an der EU-Taxonomie wird anhand des Umsatzes gemessen.
Investiert das Finanzprodukt in Aktivitäten im Zusammenhang mit fossilem Gas und/oder Kernenergie, die der EU-Taxonomie¹ entsprechen?
- JaNein
- In fossiles Gas	In KernenergieWie hoch ist der Mindestanteil der Investitionen in Übergangstätigkeiten und ermöglichende Tätigkeiten?

Der Teilfonds investiert mindestens 0% in Übergangstätigkeiten und ermöglichende Tätigkeiten.
Wie hoch ist der Mindestanteil nachhaltiger Investitionen mit einem Umweltziel, die nicht mit der EU-Taxonomie konform sind?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Umweltziel, das nicht mit der EU-Taxonomie konform ist.
Die Anlagen können zwar mit der EU-Taxonomie konform sein, aber der Investmentmanager ist derzeit nicht in der Lage, den genauen Anteil der Anlagen des Teilfonds anzugeben, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftstätigkeiten berücksichtigen. Die Position wird jedoch weiterhin überprüft, wenn die zugrunde liegenden Regeln festgelegt sind und im Laufe der Zeit mehr zuverlässige Daten zur Verfügung stehen.
¹ Tätigkeiten im Bereich fossiles Gas und/oder Kernenergie sind nur dann EU-taxonomiekonform, wenn sie zur Eindämmung des Klimawandels („Klimaschutz“) beitragen und kein Ziel der EU-Taxonomie erheblich beeinträchtigen – siehe Erläuterung am linken Rand. Die vollständigen Kriterien für EU-taxonomiekonforme Wirtschaftstätigkeiten im Bereich fossiles Gas und Kernenergie sind in der Delegierten Verordnung (EU) 2022/1214 der Kommission festgelegt.
Wie hoch ist der Mindestanteil der sozial nachhaltigen Investitionen?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Sozialziel.
Welche Investitionen fallen unter ,,#2 Andere Investitionen", welcher Anlagezweck wird mit ihnen verfolgt und gibt es einen ökologischen oder sozialen Mindestschutz?
Die verbleibenden Anlagen des Teilfonds, die sich nicht an guten ESG-Eigenschaften orientieren, werden in Übereinstimmung mit dem finanziellen Anlageziel des Teilfonds oder für Liquiditätszwecke in liquiden Mitteln und liquiden Mitteln gleichstehenden Mitteln sowie in Derivaten angelegt, die als Anlagen und für ein effizientes Portfoliomanagement eingesetzt werden können.
Zur minimalen Absicherung von Umwelt- und Sozialzielen müssen alle Direktanlagen in Unternehmen als Emittenten den Ausschlusskriterien entsprechen.

###### Wurde ein Index als Referenzwert bestimmt, um festzustellen, ob dieses Finanzprodukt auf die beworbenen ökologischen und/oder sozialen Merkmale ausgerichtet ist?
Es wird kein bestimmter Index als Referenzbenchmark angegeben, um festzustellen, ob dieses Finanzprodukt zu den geförderten Umwelt- oder Sozialeigenschaften passt.
Bei den Referenzwerten handelt es sich um Indizes, mit denen gemessen wird, ob das Finanzprodukt die beworbenen ökologischen oder sozialen Merkmale erreicht.
Inwiefern ist der Referenzwert kontinuierlich auf die mit dem Finanzprodukt beworbenen ökologischen und sozialen Merkmale ausgerichtet?
Diese Frage ist hier nicht relevant.
Wie wird die kontinuierliche Ausrichtung der Anlagestrategie auf die Indexmethode sichergestellt?
Diese Frage ist hier nicht relevant.
Wie unterscheidet sich der bestimmte Index von einem relevanten breiten Marktindex?
Diese Frage ist hier nicht relevant.
Wo kann die Methode zur Berechnung des bestimmten Indexes eingesehen werden?
Diese Frage ist hier nicht relevant.

###### 	Wo kann ich im Internet weitere produktspezifische Informationen finden?
Weitere produktspezifische Informationen finden Sie auf der Website: https:/www.fidelity.lu/funds/factsheet/LU0261950553/tab-disclosure#SFDR-disclosure. 
Weitere Informationen zu den hier dargelegten Methoden finden Sie auf der Website: System fürnachhaltiges Investieren (fidelityinternational.com).
Vorvertragliche Informationen zu den in Artikel 8 Absätze 1, 2 und 2a der Verordnung (EU) 2019/2088 und Artikel 6 Absatz 1 der Verordnung (EU) 2020/852 genannten Finanzprodukten
Name des Produkts:	Unternehmenskennung (LEI- Code):
Fidelity Funds - Global Multi Asset Income Fund	549300ISMCTFO21OMK36

###### Ökologische und/oder soziale Merkmale
| Werden mit diesem Finanzprodukt nachhaltige Investitionen angestrebt? |
| --- |
|  | - Ja
 |  | Nein |
| - Es wird damit ein MindestanteiI an nachhaltigen Investitionen mit einem Umweltziel getätigt:%
	- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie als ökologisch nachhaltig einzustufen sind
	- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie nicht als ökologisch nachhaltig einzustufen sind

- Es wird damit ein Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel getätigt:%
 | Es werden damit ökologische/soziale Merkmale beworben und obwohl keine nachhaltigen Investitionen angestrebt werden, enthält es einen Mindestanteil von 2% an nachhaltigen Investitionen. - mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie als ökologisch nachhaltig einzustufen sindmit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie nicht als ökologisch nachhaltig einzustufen sindmit einem sozialen Ziel
- Es	werden		damit	ökologische/soziale Merkmale	beworben,		aber	keinenachhaltigen Investitionen getätigt.
 |

Welche ökologischen und/ oder sozialen Merkmale werden mit diesem Finanzprodukt beworben?
Mit Nachhaltigkeitsin- dikatoren wird gemessen, inwieweit die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht werden.
Der Teilfonds fördert Umwelt- und Sozialeigenschaften, indem er in Wertpapiere von Emittenten mit guten ESG-Eigenschaften investiert. Gute ESG-Eigenschaften werden anhand von ESG-Ratings ermittelt. ESG-Ratings berücksichtigen Umwelteigenschaften wie CO2-Intensität, CO2-Emissionen, Energieeffizienz, Wasser- und Abfallmanagement und Biodiversität sowie Sozialeigenschaften wie Produktsicherheit, Lieferkette, Gesundheit und Sicherheit sowie Menschenrechte.
Der Teilfonds ist in gewissem Maße bestrebt, nachhaltige Anlagen zu tätigen.
Es wird keine Referenzbenchmark festgelegt, um die geförderten Umwelt- und Sozialeigenschaften zu erreichen.
einzelnen ökologischen oder sozialen Merkmale, die durch dieses Finanzprodukt beworben werden, herangezogen?
Der Teilfonds verwendet die folgenden Nachhaltigkeitsindikatoren, um die Ausprägung der von ihm geförderten Umwelt- oder Sozialeigenschaften zu messen:
- der  Prozentsatz des Teilfonds, der in Wertpapieren von Emittenten mit guten ESG-Eigenschaften im Einklang mit dem System für nachhaltiges Investieren von Fidelity investiert ist;
- in Bezug auf seine Direktanlagen in Unternehmen als Emittenten der Prozentsatz des Teilfonds, der in Wertpapiere von Emittenten investiert ist, auf die Ausschlusskriterien (wie unten definiert) zutreffen;
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen investiert ist; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel bei Wirtschaftsaktivitäten investiert ist, die gemäß der EU-Taxonomie nicht als ökologisch nachhaltig gelten; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel investiert ist.

Welches sind die Ziele der nachhaltigen Investitionen, die mit dem
Finanzprodukt teilweise getätigt werden sollen, und wie trägt die nachhaltige Investition zu diesen Zielen bei?
Der Teilfonds ermittelt wie folgt, ob eine Anlage nachhaltig ist:
- Emittenten, die wirtschaftliche Tätigkeiten ausüben, die zu einem oder mehreren der in der EU-Taxonomie festgelegten Umweltziele beitragen und gemäß der EU-Taxonomie als ökologisch nachhaltig gelten; oder
- Emittenten, bei denen der Großteil ihrer Geschäftstätigkeit (mehr als 50% des Umsatzes) zu ökologischen oder sozialen Zielen beiträgt, die mit einem oder mehreren der Ziele der Vereinten Nationen für nachhaltige Entwicklung („SDG“) in Einklang stehen; oder
- Emittenten, die ein Dekarbonisierungsziel festgelegt haben, das mit einem Temperaturanstiegsszenario mit 1,5 Grad oder weniger vereinbar ist (überprüft durch die Science Based Target Initiative oder ein Fidelity Proprietary Climate Rating), das als Beitrag zu Umweltzielen angesehen wird;sofern sie keinen wesentlichen Schaden anrichten, Mindestabsicherungen bieten und gute Governance-Kriterien aufweisen.

teilweise getätigt werden sollen, keinem der ökologischen oder sozialen nachhaltigen Anlageziele erheblich schaden?
Nachhaltige Anlagen werden auf ihre Beteiligung an Aktivitäten überprüft, die erheblichen Schaden und Kontroversen verursachen, und durch eine Kontrolle bewertet, ob der Emittent Mindestabsicherungen und -standards hinsichtlich der wichtigsten nachteiligen Auswirkungen (PAI) sowie die Leistung bei den PAI-Kennzahlen umsetzt bzw. erfüllt. Dazu gehören:
- Normenbasierte Filterkriterien – das Filtern von Wertpapieren, die gemäß den bestehenden (unten beschriebenen) normenbasierten Filterkriterien von Fidelity ermittelt wurden, anhand von:
- aktivitätsbasierten Filterkriterien – das Filtern von Emittenten auf der Grundlage ihrer Beteiligung an Aktivitäten mit erheblichen negativen Auswirkungen auf die Gesellschaft oder die Umwelt, darunter Emittenten, bei denen aufgrund der Filterkriterien für Kontroversen eine„sehr gravierende“ Kontroverse vorliegt, die im Bereich
- Umwelt,
- Menschenrechte und Gemeinschaften,
- Arbeitnehmerrechte und Lieferkette,
- Kunden,
- Governance angesiedelt ist; und anhand von
	- PAI-Indikatoren. Quantitative Daten (sofern verfügbar) zu PAI-Indikatoren werden verwendet, um zu bewerten, ob ein Emittent an Aktivitäten beteiligt ist, die einem Umwelt- oder Sozialziel erheblichen Schaden zufügen.


Bei den wichtigsten nachteiligen Auswirkungen handelt es sich um die bedeutendsten nachteiligen Auswirkungen von Investitionsentscheidun- gen auf NachhaItigkeitsfaktoren in den Bereichen Umwelt, Soziales und Beschäftigung, Achtung der Menschenrechte und Bekämpfung von Korruption und Bestechung.
Wie wurden die Indikatoren für nachteilige Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Für nachhaltige Anlagen, wie oben beschrieben, führt Fidelity eine quantitative Bewertung  durch,  um  Unternehmen  mit  einer  problematischen  Leistung  bei PAI-Indikatoren zu ermitteln. Emittenten mit einer niedrigen Punktzahl kommen nur dann für „nachhaltige Anlagen“ infrage, wenn die Fundamentalresearch von Fidelity feststellt, dass der Emittent nicht gegen die Anforderungen verstößt, „keinen wesentlichen Schaden anrichtet“ oder sich auf einem Weg befindet, um die nachteiligen Auswirkungen durch effektives Management oder einen Übergang abzumildern.
Wie stehen die nachhaltigen Investitionen mit den OECD-Leitsätzen für multinationale Unternehmen und den Leitprinzipien der Vereinten Nationen für Wirtschaft und
Menschenrechte in Einklang? Nähere Angaben:
Es werden normenbasierte Filterkriterien angewendet: Emittenten, bei denen festgestellt wurde, dass sie sich nicht in einer Weise verhalten, die ihrer grundlegenden Verantwortung in den Bereichen Menschenrechte, Arbeit, Umwelt und Korruptionsbekämpfung im Einklang mit internationalen Normen gerecht wird, darunter denjenigen, die in den OECD-Leitsätzen für multinationale Unternehmen, den Leitprinzipien der Vereinten Nationen für Wirtschaft und Menschenrechte, dem UN Global Compact (UNGC) und den IAO-Standards der Internationalen Arbeitsorganisation (ILO) festgelegt sind, kommen für nachhaltige Investitionen nicht infrage.
In der EU-Taxonomie ist der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" festgelegt, nach dem taxonomiekonforme Investitionen die Ziele der EU-Taxonomie nicht erheblich beeinträchtigen dürfen, und es sind spezifische EU-Kriterien beigefügt. Der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" findet nur bei denjenigen dem Finanzprodukt zugrunde liegenden Investitionen Anwendung, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten berücksichtigen. Die dem verbleibenden Teil dieses  Finanzprodukts zugrunde  liegenden Investitionen berücksichtigen nicht die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten. Alle anderen nachhaltigen Investitionen dürfen ökologische oder soziale Ziele ebenfalls nicht erheblich beeinträchtigen.

###### Werden bei diesem Finanzprodukt die wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Ja
- NeinDie wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren werden mit Hilfe einer Vielzahl von Instrumenten berücksichtigt und in Anlageentscheidungen einbezogen. Hierzu zählen:
- Due Diligence – Analyse, ob die wichtigsten nachteiligen Auswirkungen (PAI) wesentlich und negativ sind.
- ESG-Rating – Fidelity bezieht sich auf ESG-Ratings, die wesentliche nachteilige Auswirkungen wie CO2-Emissionen, Mitarbeitersicherheit, Bestechung und Korruption sowie Wassermanagement berücksichtigen, und bei den von Staaten ausgegebenen Wertpapieren berücksichtigen die verwendeten Ratings wichtige nachteilige Auswirkungen (PAI) wie CO2-Emissionen, Sozialverstöße und die Meinungsfreiheit.
- Ausschlusskriterien – Bei Direktanlagen in Unternehmen als Emittenten wendet der Teilfonds die (unten definierten) Ausschlusskriterien an, um die wichtigsten nachteiligen Auswirkungen abzumildern. Dazu schließt er schädliche Sektoren aus und verbietet Investitionen in Emittenten, die gegen internationale Standards wie den UNGC verstoßen.
- Mitwirkung – Fidelity nutzt Mitwirkung als ein Instrument, um die wichtigsten nachteiligen Auswirkungen besser zu verstehen und sich unter bestimmten Umständen für die Abmilderung der wichtigsten nachteiligen Auswirkungen einzusetzen. Fidelity beteiligt sich an relevanten individuellen und kollaborativen Arten der Mitwirkung, die auf eine Reihe von wichtigen negativen Auswirkungen abzielen (z. B. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Abstimmungsverhalten – Die Abstimmungspolitik von Fidelity umfasst bei Unternehmen als Emittenten explizite Mindeststandards für die Geschlechtervielfalt im Aufsichtsrat und die Auseinandersetzung mit dem Klimawandel. Fidelity kann auch auf eine Weise abstimmen, dass die wichtigsten nachteiligen Auswirkungen abgemildert werden.
- Vierteljährliche Überprüfungen – Überwachung der wichtigsten nachteiligen Auswirkungen (PAI) durch den vierteljährlichen Überprüfungsprozess des Teilfonds.

Wenn es um die Frage geht, ob Investitionen eine wesentliche nachteilige Auswirkung haben, berücksichtigt Fidelity für jeden Nachhaltigkeitsfaktor spezifische Indikatoren. Diese Indikatoren hängen von der Datenverfügbarkeit ab und können sich mit zunehmender Datenqualität und
-verfügbarkeit weiterentwickeln.
Informationen über die wichtigsten nachteiligen Auswirkungen werden im Jahresbericht des Teilfonds zur Verfügung gestellt.

###### Welche Anlagestrategie wird mit diesem Finanzprodukt verfolgt?
Die Anlagestrategie dient aIs Richtschnur für Investitionsentscheidun- gen, wobei bestimmte Kriterien wie beispielsweise Investitionsziele oder Risikotoleranz
berücksichtigt werden.
Mindestens 50% des Nettovermögens des Teilfonds werden in Wertpapiere investiert, die gute ESG-Eigenschaften aufweisen.
Ob ESG-Eigenschaften gut sind, wird anhand von ESG-Ratings externer Agenturen und von Fidelity ESG-Ratings ermittelt.
Das Multi Asset Research-Team von Fidelity ist bestrebt, den ESG-Ansatz eines einzelnen Managers zu verstehen. Hierzu wird bewertet, inwieweit ESG-Überlegungen im Investmentprozess und in der Philosophie, in der Finanzanalyse des Analysten und bei der Zusammensetzung des Portfolios berücksichtigt werden. Das Team berücksichtigt, wie ESG-Faktoren in die Anlagepolitik der Strategie integriert werden und, sofern eigene Ratings verwendet werden, wie sich die ESG-Research und ihre Ergebnisse in der Gewichtung der einzelnen Wertpapiere und in den anwendbaren Engagement- und Ausschlussrichtlinien widerspiegeln. Um die ESG-Kennzahlen der jeweiligen Strategien zu bewerten, untersucht das Team Daten aus einer Reihe von Quellen, zu denen u. a. Fidelity Sustainability Ratings sowie Daten von Drittanbietern gehören.
In Bezug auf seine Direktanlagen in Unternehmensemittenten berücksichtigt der Teilfonds:
- eine unternehmensweite Ausschlussliste, die Streumunition und Antipersonenlandminen umfasst; und
- eine normenbasierte Filterung von Emittenten, die nach Ansicht des Investmentmanagers ihre Geschäfte nicht in Übereinstimmung mit internationalen Normen (wie oben beschrieben), durchgeführt haben.

Die oben genannten Ausschluss- und Filterkriterien (die „Ausschlusskriterien“) werden möglicherweise von Zeit zu Zeit aktualisiert. Weitere Informationen erhalten Sie auf der Website Sustainable investing framework (fidelityinternational.com).
Es steht zudem im Ermessen des Investmentmanagers, von Zeit zu Zeit erweiterte, strengere Nachhaltigkeitsanforderungen und Ausschlusskriterien anzuwenden.
Worin bestehen die verbindlichen Elemente der Anlagestrategie, die für die Auswahl der Investitionen zur Erfüllung der beworbenen ökologischen oder sozialen Ziele verwendet werden?
Der Teilfonds investiert:
- mindestens  50%  seines  Vermögens in Wertpapiere von Emittenten mit guten ESG-Eigenschaften,
- mindestens 2% in nachhaltige Anlagen, von denen mindestens 0% ein Umweltziel aufweisen, das sich an der EU-Taxonomie orientiert, mindestens 1% ein Umweltziel, das sich nicht an der EU-Taxonomie orientiert, und mindestens 1% ein Sozialziel verfolgen.

Darüber hinaus wird der Teilfonds die oben beschriebenen Ausschlusskriterien systematisch anwenden.
Um welchen Mindestsatz wird der Umfang der vor der Anwendung dieser Anlagestrategie in Betracht gezogenen Investitionen reduziert?
Diese Frage ist hier nicht relevant.
Die Verfahrensweisen einer guten
Unternehmensführung umfassen solide Managementstrukturen, die Beziehungen zu den Arbeitnehmern, die Vergütung von Mitarbeitern sowie die Einhaltung der Steuervorschriften.
Wie werden die Verfahrensweisen einer guten Unternehmensführung der Unternehmen, in die investiert wird, bewertet?
Die Governance-Praktiken der Emittenten werden anhand von Fundamentalresearch bewertet, die Fidelity ESG-Ratings sowie Daten zu Kontroversen und Verstößen gegen den UN Global Compact berücksichtigt.
Zu den wichtigsten Punkten, die analysiert werden, gehören unter anderem die Erfolgsbilanz der Kapitalallokation, die finanzielle Transparenz, Transaktionen mit nahestehenden Parteien, die Unabhängigkeit und Größe des Vorstands, die Vergütung der Führungskräfte, die Abschlussprüfer und die interne Aufsicht sowie die Rechte der Minderheitsanteilinhaber.

###### Welche Vermögensallokation ist für dieses Finanzprodukt geplant?
Die Vermögensallokation gibt den jeweiligen Anteil der Investitionen in bestimmte Vermögenswerte an.
Taxonomiekonforme Tätigkeiten, ausgedrückt durch den Anteil der:
- Umsatzerlöse, die den Anteil der Einnahmen aus umweltfreundlichenAktivitäten der Unternehmen, in die investiert wird, widerspiegeln
- Investitionsausgaben (CapEx), die die umweltfreundlichen Investitionen der Unternehmen, in die investiert wird, aufzeigen,z.B. für den Übergang zu einer grünen Wirtschaft- Betriebsausgaben (OpEx), die die umweltfreundlichenbetrieblichen Aktivitäten der Unternehmen, in die investiert wird, widerspiegeln(#1 Ausgerichtet an E/S-Eigenschaften) Der Teilfonds investiert:
- mindestens 50% seines	Vermögens	in	Wertpapiere	von	Emittenten	mit	guten ESG-Eigenschaften,
- mindestens 2% seines Vermögens in nachhaltige (#1A nachhaltig) Anlagen, von denen mindestens 0% ein Umweltziel verfolgen (das an der EU-Taxonomie ausgerichtet ist), mindestens 1% ein Umweltziel haben (das nicht an der EU-Taxonomie ausgerichtet ist) und mindestens 1% ein Sozialziel haben.

Sonstige Umweltziele 1%
(#1B Sonstige E/S-Eigenschaften) Umfasst Wertpapiere von Emittenten mit guten ESG-Eigenschaften, die aber keine nachhaltigen Anlagen sind.
Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale
50%
#1A Nachhaltige Investitionen
2%
#1B Andere ökologische oder soziale Merkmale
Soziales 1%
#2 Andere Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst Investitionen des Finanzprodukts, die zur Erreichung der beworbenen ökologischen oder sozialen Merkmale getätigt wurden.
#2 Andere Investitionen umfasst die übrigen Investitionen des Finanzprodukts, die weder auf ökologische oder soziale Merkmale ausgerichtet sind noch als nachhaltige Investitionen eingestuft werden.
Die Kategorie #1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst folgende Unterkategorien:
Die Unterkategorie #1A Nachhaltige Investitionen umfasst nachhaltige Investitionen mit ökologischen oder sozialen Zielen.
Die Unterkategorie #1B Andere ökologische oder soziale Merkmale umfasst Investitionen, die auf ökologische oder soziale Merkmale ausgerichtet sind, aber nicht als nachhaltige Investitionen eingestuft werden.
Inwiefern werden durch den Einsatz von Derivaten die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht?
Wenn das einem Derivat zugrunde liegende Wertpapier im Einklang mit dem System für nachhaltiges Investieren von Fidelity gute ESG-Eigenschaften aufweist, darf das Derivat zur Feststellung des Teilfondsanteils berücksichtigt werden, der Umwelt- oder Sozialeigenschaften fördert.
In welchem Mindestmaß sind nachhaltige Investitionen mit einem Umweltziel mit der EU-Taxonomie konform?
Der Teilfonds investiert mindestens 0% in nachhaltige Anlagen mit einem Umweltziel, die mit der EU-Taxonomie konform sind.
Die Konformität der Anlagen des Teilfonds mit der EU-Taxonomie wird nicht durch Wirtschaftsprüfer oder mittels einer Überprüfung durch Dritte sichergestellt.
Die Ausrichtung der zugrunde liegenden Anlagen des Teilfonds an der EU-Taxonomie wird anhand des Umsatzes gemessen.
Investiert das Finanzprodukt in Aktivitäten im Zusammenhang mit fossilem Gas und/oder Kernenergie, die der EU-Taxonomie¹ entsprechen?
- JaNein
- In fossiles Gas	In KernenergieWie hoch ist der Mindestanteil der Investitionen in Übergangstätigkeiten und ermöglichende Tätigkeiten?

Der Teilfonds investiert mindestens 0% in Übergangstätigkeiten und ermöglichende Tätigkeiten.
Wie hoch ist der Mindestanteil nachhaltiger Investitionen mit einem Umweltziel, die nicht mit der EU-Taxonomie konform sind?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Umweltziel, das nicht mit der EU-Taxonomie konform ist.
Die Anlagen können zwar mit der EU-Taxonomie konform sein, aber der Investmentmanager ist derzeit nicht in der Lage, den genauen Anteil der Anlagen des Teilfonds anzugeben, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftstätigkeiten berücksichtigen. Die Position wird jedoch weiterhin überprüft, wenn die zugrunde liegenden Regeln festgelegt sind und im Laufe der Zeit mehr zuverlässige Daten zur Verfügung stehen.
¹ Tätigkeiten im Bereich fossiles Gas und/oder Kernenergie sind nur dann EU-taxonomiekonform, wenn sie zur Eindämmung des Klimawandels („Klimaschutz“) beitragen und kein Ziel der EU-Taxonomie erheblich beeinträchtigen – siehe Erläuterung am linken Rand. Die vollständigen Kriterien für EU-taxonomiekonforme Wirtschaftstätigkeiten im Bereich fossiles Gas und Kernenergie sind in der Delegierten Verordnung (EU) 2022/1214 der Kommission festgelegt.
Wie hoch ist der Mindestanteil der sozial nachhaltigen Investitionen?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Sozialziel.
Welche Investitionen fallen unter ,,#2 Andere Investitionen", welcher Anlagezweck wird mit ihnen verfolgt und gibt es einen ökologischen oder sozialen Mindestschutz?
Die verbleibenden Anlagen des Teilfonds, die sich nicht an guten ESG-Eigenschaften orientieren, werden in Übereinstimmung mit dem finanziellen Anlageziel des Teilfonds oder für Liquiditätszwecke in liquiden Mitteln und liquiden Mitteln gleichstehenden Mitteln sowie in Derivaten angelegt, die als Anlagen und für ein effizientes Portfoliomanagement eingesetzt werden können.
Zur minimalen Absicherung von Umwelt- und Sozialzielen müssen alle Direktanlagen in Unternehmen als Emittenten den Ausschlusskriterien entsprechen.

###### Wurde ein Index als Referenzwert bestimmt, um festzustellen, ob dieses Finanzprodukt auf die beworbenen ökologischen und/oder sozialen Merkmale ausgerichtet ist?
Es wird kein bestimmter Index als Referenzbenchmark angegeben, um festzustellen, ob dieses Finanzprodukt zu den geförderten Umwelt- oder Sozialeigenschaften passt.
Bei den Referenzwerten handelt es sich um Indizes, mit denen gemessen wird, ob das Finanzprodukt die beworbenen ökologischen oder sozialen Merkmale erreicht.
Inwiefern ist der Referenzwert kontinuierlich auf die mit dem Finanzprodukt beworbenen ökologischen und sozialen Merkmale ausgerichtet?
Diese Frage ist hier nicht relevant.
Wie wird die kontinuierliche Ausrichtung der Anlagestrategie auf die Indexmethode sichergestellt?
Diese Frage ist hier nicht relevant.
Wie unterscheidet sich der bestimmte Index von einem relevanten breiten Marktindex?
Diese Frage ist hier nicht relevant.
Wo kann die Methode zur Berechnung des bestimmten Indexes eingesehen werden?
Diese Frage ist hier nicht relevant.

###### 	Wo kann ich im Internet weitere produktspezifische Informationen finden?
Weitere produktspezifische Informationen finden Sie auf der Website: https:/www.fidelity.lu/funds/factsheet/LU1116430247/tab-disclosure#SFDR-disclosure. 
Weitere Informationen zu den hier dargelegten Methoden finden Sie auf der Website: System fürnachhaltiges Investieren (fidelityinternational.com).
Vorvertragliche Informationen zu den in Artikel 8 Absätze 1, 2 und 2a der Verordnung (EU) 2019/2088 und Artikel 6 Absatz 1 der Verordnung (EU) 2020/852 genannten Finanzprodukten
Name des Produkts:	Unternehmenskennung (LEI- Code):
Fidelity Funds - Sustainable Multi Asset Income Fund	549300GG6X1NDTLYIF66

###### Ökologische und/oder soziale Merkmale
| Werden mit diesem Finanzprodukt nachhaltige Investitionen angestrebt? |
| --- |
|  | - Ja
 |  | Nein |
| - Es wird damit ein MindestanteiI an nachhaltigen Investitionen mit einem Umweltziel getätigt:%
	- in Wirtschaftstätigkeiten, die nach derEU-Taxonomie als ökologisch nachhaltig einzustufen sind

- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie nicht als ökologisch nachhaltig einzustufen sind
- Es wird damit ein Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel getätigt:%
 | Es werden damit ökologische/soziale Merkmale beworben und obwohl keine nachhaltigen Investitionen angestrebt werden, enthält es einen Mindestanteil von 3% an nachhaltigen Investitionen. - mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie als ökologisch nachhaltig einzustufen sindmit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie nicht als ökologisch nachhaltig einzustufen sindmit einem sozialen Ziel
- Es	werden		damit	ökologische/soziale Merkmale	beworben,		aber	keinenachhaltigen Investitionen getätigt.
 |

Welche ökologischen und/ oder sozialen Merkmale werden mit diesem Finanzprodukt beworben?
Mit Nachhaltigkeitsin- dikatoren wird gemessen, inwieweit die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht werden.
Der Teilfonds fördert Umwelt- und Sozialeigenschaften, indem er in Wertpapiere von Emittenten mit guten ESG-Eigenschaften investiert. Gute ESG-Eigenschaften werden anhand von ESG-Ratings ermittelt. ESG-Ratings berücksichtigen Umwelteigenschaften wie CO2-Intensität, CO2-Emissionen, Energieeffizienz, Wasser- und Abfallmanagement und Biodiversität sowie Sozialeigenschaften wie Produktsicherheit, Lieferkette, Gesundheit und Sicherheit sowie Menschenrechte.
Der Teilfonds ist in gewissem Maße bestrebt, nachhaltige Anlagen zu tätigen.
Es wird keine Referenzbenchmark festgelegt, um die geförderten Umwelt- und Sozialeigenschaften zu erreichen.
einzelnen ökologischen oder sozialen Merkmale, die durch dieses Finanzprodukt beworben werden, herangezogen?
Der Teilfonds verwendet die folgenden Nachhaltigkeitsindikatoren, um die Ausprägung der von ihm geförderten Umwelt- oder Sozialeigenschaften zu messen:
- der  Prozentsatz des Teilfonds, der in Wertpapieren von Emittenten mit guten ESG-Eigenschaften im Einklang mit dem System für nachhaltiges Investieren von Fidelity investiert ist;
- in Bezug auf seine Direktanlagen der Prozentsatz des Teilfonds, der in Wertpapiere von Emittenten investiert ist, auf die Ausschlusskriterien (wie unten definiert) zutreffen;
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen investiert ist; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel bei Wirtschaftsaktivitäten investiert ist, die gemäß der EU-Taxonomie nicht als ökologisch nachhaltig gelten; und
- Prozentsatz des Teilfonds, der in nachhaltige Anlagen mit Sozialziel investiert ist.

Welches sind die Ziele der nachhaltigen Investitionen, die mit dem
Finanzprodukt teilweise getätigt werden sollen, und wie trägt die nachhaltige Investition zu diesen Zielen bei?
Der Teilfonds ermittelt wie folgt, ob eine Anlage nachhaltig ist:
- Emittenten, die wirtschaftliche Tätigkeiten ausüben, die zu einem oder mehreren der in der EU-Taxonomie festgelegten Umweltziele beitragen und gemäß der EU-Taxonomie als ökologisch nachhaltig gelten; oder
- Emittenten, bei denen der Großteil ihrer Geschäftstätigkeit (mehr als 50% des Umsatzes) zu ökologischen oder sozialen Zielen beiträgt, die mit einem oder mehreren der Ziele der Vereinten Nationen für nachhaltige Entwicklung („SDG“) in Einklang stehen; oder
- Emittenten, die ein Dekarbonisierungsziel festgelegt haben, das mit einem Temperaturanstiegsszenario mit 1,5 Grad oder weniger vereinbar ist (überprüft durch die Science Based Target Initiative oder ein Fidelity Proprietary Climate Rating), das als Beitrag zu Umweltzielen angesehen wird;sofern sie keinen wesentlichen Schaden anrichten, Mindestabsicherungen bieten und gute Governance-Kriterien aufweisen.

teilweise getätigt werden sollen, keinem der ökologischen oder sozialen nachhaltigen Anlageziele erheblich schaden?
Nachhaltige Anlagen werden auf ihre Beteiligung an Aktivitäten überprüft, die erheblichen Schaden und Kontroversen verursachen, und durch eine Kontrolle bewertet, ob der Emittent Mindestabsicherungen und -standards hinsichtlich der wichtigsten nachteiligen Auswirkungen (PAI) sowie die Leistung bei den PAI-Kennzahlen umsetzt bzw. erfüllt. Dazu gehören:
- Normenbasierte Filterkriterien – das Filtern von Wertpapieren, die gemäß den bestehenden (unten beschriebenen) normenbasierten Filterkriterien von Fidelity ermittelt wurden, anhand von:
- aktivitätsbasierten Filterkriterien – das Filtern von Emittenten auf der Grundlage ihrer Beteiligung an Aktivitäten mit erheblichen negativen Auswirkungen auf die Gesellschaft oder die Umwelt, darunter Emittenten, bei denen aufgrund der Filterkriterien für Kontroversen eine„sehr gravierende“ Kontroverse vorliegt, die im Bereich
- Umwelt,
- Menschenrechte und Gemeinschaften,
- Arbeitnehmerrechte und Lieferkette,
- Kunden,
- Governance angesiedelt ist; und anhand von
	- PAI-Indikatoren. Quantitative Daten (sofern verfügbar) zu PAI-Indikatoren werden verwendet, um zu bewerten, ob ein Emittent an Aktivitäten beteiligt ist, die einem Umwelt- oder Sozialziel erheblichen Schaden zufügen.


Bei den wichtigsten nachteiligen Auswirkungen handelt es sich um die bedeutendsten nachteiligen Auswirkungen von Investitionsentscheidun- gen auf NachhaItigkeitsfaktoren in den Bereichen Umwelt, Soziales und Beschäftigung, Achtung der Menschenrechte und Bekämpfung von Korruption und Bestechung.
Wie wurden die Indikatoren für nachteilige Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Für nachhaltige Anlagen, wie oben beschrieben, führt Fidelity eine quantitative Bewertung  durch,  um  Unternehmen  mit  einer  problematischen  Leistung  bei PAI-Indikatoren zu ermitteln. Emittenten mit einer niedrigen Punktzahl kommen nur dann für „nachhaltige Anlagen“ infrage, wenn die Fundamentalresearch von Fidelity feststellt, dass der Emittent nicht gegen die Anforderungen verstößt, „keinen wesentlichen Schaden anrichtet“ oder sich auf einem Weg befindet, um die nachteiligen Auswirkungen durch effektives Management oder einen Übergang abzumildern.
Wie stehen die nachhaltigen Investitionen mit den OECD-Leitsätzen für multinationale Unternehmen und den Leitprinzipien der Vereinten Nationen für Wirtschaft und
Menschenrechte in Einklang? Nähere Angaben:
Es werden normenbasierte Filterkriterien angewendet: Emittenten, bei denen festgestellt wurde, dass sie sich nicht in einer Weise verhalten, die ihrer grundlegenden Verantwortung in den Bereichen Menschenrechte, Arbeit, Umwelt und Korruptionsbekämpfung im Einklang mit internationalen Normen gerecht wird, darunter denjenigen, die in den OECD-Leitsätzen für multinationale Unternehmen, den Leitprinzipien der Vereinten Nationen für Wirtschaft und Menschenrechte, dem UN Global Compact (UNGC) und den IAO-Standards der Internationalen Arbeitsorganisation (ILO) festgelegt sind, kommen für nachhaltige Investitionen nicht infrage.
In der EU-Taxonomie ist der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" festgelegt, nach dem taxonomiekonforme Investitionen die Ziele der EU-Taxonomie nicht erheblich beeinträchtigen dürfen, und es sind spezifische EU-Kriterien beigefügt. Der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" findet nur bei denjenigen dem Finanzprodukt zugrunde liegenden Investitionen Anwendung, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten berücksichtigen. Die dem verbleibenden Teil dieses  Finanzprodukts zugrunde  liegenden Investitionen berücksichtigen nicht die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten. Alle anderen nachhaltigen Investitionen dürfen ökologische oder soziale Ziele ebenfalls nicht erheblich beeinträchtigen.

###### Werden bei diesem Finanzprodukt die wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Ja
- NeinDie wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren werden mit Hilfe einer Vielzahl von Instrumenten berücksichtigt und in Anlageentscheidungen einbezogen. Hierzu zählen:
- Due Diligence – Analyse, ob die wichtigsten nachteiligen Auswirkungen (PAI) wesentlich und negativ sind.
- ESG-Rating – Fidelity bezieht sich auf ESG-Ratings, die wesentliche nachteilige Auswirkungen wie CO2-Emissionen, Mitarbeitersicherheit, Bestechung und Korruption sowie Wassermanagement berücksichtigen, und bei den von Staaten ausgegebenen Wertpapieren berücksichtigen die verwendeten Ratings wichtige nachteilige Auswirkungen (PAI) wie CO2-Emissionen, Sozialverstöße und die Meinungsfreiheit.
- Ausschlusskriterien – Bei Direktanlagen in Unternehmen als Emittenten wendet der Teilfonds die (unten definierten) Ausschlusskriterien an, um die wichtigsten nachteiligen Auswirkungen abzumildern. Dazu schließt er schädliche Sektoren aus und verbietet Investitionen in Emittenten, die gegen internationale Standards wie den UNGC verstoßen.
- Mitwirkung – Fidelity nutzt Mitwirkung als ein Instrument, um die wichtigsten nachteiligen Auswirkungen besser zu verstehen und sich unter bestimmten Umständen für die Abmilderung der wichtigsten nachteiligen Auswirkungen einzusetzen. Fidelity beteiligt sich an relevanten individuellen und kollaborativen Engagements, die auf eine Reihe von wichtigen negativen Auswirkungen abzielen (z. B. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Abstimmungsverhalten	 –	Die	Abstimmungsrichtlinie		von	Fidelity	legt	explizite Mindeststandards	für	die	Geschlechtervielfalt	in	den	Leitungsorganen		und		für	die Berücksichtigung des Klimawandels durch die Unternehmensemittenten fest. Fidelity kann auch auf eine Weise abstimmen, dass die wichtigsten nachteiligen Auswirkungen abgemildert werden.
- Vierteljährliche Überprüfungen – Überwachung der wichtigsten nachteiligen Auswirkungen (PAI) durch den vierteljährlichen Überprüfungsprozess des Teilfonds.

Wenn es um die Frage geht, ob Investitionen eine wesentliche nachteilige Auswirkung haben, berücksichtigt Fidelity für jeden Nachhaltigkeitsfaktor spezifische Indikatoren. Diese Indikatoren hängen von der Datenverfügbarkeit ab und können sich mit zunehmender Datenqualität und
-verfügbarkeit weiterentwickeln.
Informationen über die wichtigsten nachteiligen Auswirkungen werden im Jahresbericht des Teilfonds zur Verfügung gestellt.

###### Welche Anlagestrategie wird mit diesem Finanzprodukt verfolgt?
Die Anlagestrategie dient aIs Richtschnur für Investitionsentscheidun- gen, wobei bestimmte Kriterien wie beispielsweise Investitionsziele oder Risikotoleranz
berücksichtigt werden.
Der Teilfonds gehört zur Familie der Fidelity Nachhaltigkeitsfonds und verfolgt eine auf Nachhaltigkeit ausgerichtete Strategie, nach der mindestens 70% des Nettovermögens des Teilfonds in Wertpapiere investiert werden, die gute ESG-Eigenschaften aufweisen.
Ob ESG-Eigenschaften gut sind, wird anhand von ESG-Ratings externer Agenturen und von Fidelity ESG-Ratings ermittelt.
Das Multi Asset Research-Team von Fidelity ist bestrebt, den ESG-Ansatz eines einzelnen Managers zu verstehen. Hierzu wird bewertet, inwieweit ESG-Überlegungen im Investmentprozess und in der Philosophie, in der Finanzanalyse des Analysten und bei der Zusammensetzung des Portfolios berücksichtigt werden. Das Team berücksichtigt, wie ESG-Faktoren in die Anlagepolitik der Strategie integriert werden und, sofern eigene Ratings verwendet werden, wie sich die ESG-Research und ihre Ergebnisse in der Gewichtung der einzelnen Wertpapiere und in den anwendbaren Engagement- und Ausschlussrichtlinien widerspiegeln. Um die ESG-Kennzahlen der jeweiligen Strategien zu bewerten, untersucht das Team Daten aus einer Reihe von Quellen, zu denen u. a. Fidelity Sustainability Ratings sowie Daten von Drittanbietern gehören.
In Bezug auf seine Direktanlagen in Unternehmensemittenten berücksichtigt der Teilfonds:
- eine unternehmensweite Ausschlussliste, die Streumunition und Antipersonenminen umfasst, und
- eine prinzipienbasierte Ausschlussrichtlinie, die Folgendes beinhaltet:
	- eine normenbasierte Überprüfung von Emittenten, die nach Auffassung des Investmentmanagers ihre Geschäfte nicht in Übereinstimmung mit internationalen Normen, darunter denen des UNGC, geführt haben; und
	- ein Filterkriterium, durch das bestimmte Sektoren, Emittenten oder Praktiken auf der Grundlage konkreter ESG-Kriterien ausgeschlossen werden können, wobei für diese Kriterien möglicherweise auch Umsatzschwellen angewendet werden.


Die oben genannten Ausschluss- und Filterkriterien (die „Ausschlusskriterien“) werden möglicherweise von Zeit zu Zeit aktualisiert. Weitere Informationen erhalten Sie auf der Website Sustainable investing framework (fidelityinternational.com).
Es steht zudem im Ermessen des Investmentmanagers, von Zeit zu Zeit erweiterte, strengere Nachhaltigkeitsanforderungen und Ausschlusskriterien anzuwenden.
Worin bestehen die verbindlichen Elemente der Anlagestrategie, die für die Auswahl der Investitionen zur Erfüllung der beworbenen ökologischen oder sozialen Ziele verwendet werden?
Der Teilfonds investiert:
- mindestens 70% seines Vermögens in Wertpapiere von Emittenten mit guten ESG-,
- mindestens 3% in nachhaltige Anlagen, von denen mindestens 0% ein Umweltziel aufweisen, das sich an der EU-Taxonomie orientiert, mindestens 1% ein Umweltziel, das sich nicht an der EU-Taxonomie orientiert, und mindestens 1% ein Sozialziel verfolgen.

Darüber hinaus wird der Teilfonds die oben beschriebenen Ausschlusskriterien systematisch anwenden.
Um welchen Mindestsatz wird der Umfang der vor der Anwendung dieser Anlagestrategie in Betracht gezogenen Investitionen reduziert?
Diese Frage ist hier nicht relevant.
Die Verfahrensweisen einer guten
Unternehmensführung umfassen solide Managementstrukturen, die Beziehungen zu den Arbeitnehmern, die Vergütung von Mitarbeitern sowie die Einhaltung der Steuervorschriften.
Wie werden die Verfahrensweisen einer guten Unternehmensführung der Unternehmen, in die investiert wird, bewertet?
Die Governance-Praktiken der Emittenten werden anhand von Fundamentalresearch bewertet, die Fidelity ESG-Ratings sowie Daten zu Kontroversen und Verstößen gegen den UN Global Compact berücksichtigt.
Zu den wichtigsten Punkten, die analysiert werden, gehören unter anderem die Erfolgsbilanz der Kapitalallokation, die finanzielle Transparenz, Transaktionen mit nahestehenden Parteien, die Unabhängigkeit und Größe des Vorstands, die Vergütung der Führungskräfte, die Abschlussprüfer und die interne Aufsicht sowie die Rechte der Minderheitsanteilinhaber.

###### Welche Vermögensallokation ist für dieses Finanzprodukt geplant?
Die Vermögensallokation gibt den jeweiligen Anteil der Investitionen in bestimmte Vermögenswerte an.
Taxonomiekonforme Tätigkeiten, ausgedrückt durch den Anteil der:
- Umsatzerlöse, die den Anteil der Einnahmen aus umweltfreundlichenAktivitäten der Unternehmen, in die investiert wird, widerspiegeln
- Investitionsausgaben (CapEx), die die umweltfreundlichen Investitionen der Unternehmen, in die investiert wird, aufzeigen,z.B. für den Übergang zu einer grünen Wirtschaft- Betriebsausgaben (OpEx), die die umweltfreundlichenbetrieblichen Aktivitäten der Unternehmen, in die investiert wird, widerspiegeln(#1 Ausgerichtet an E/S-Eigenschaften) Der Teilfonds investiert:
- mindestens 70% seines	Vermögens	in	Wertpapiere	von	Emittenten	mit	guten ESG-Eigenschaften,
- mindestens 3% seines Vermögens in nachhaltige (#1A nachhaltig) Anlagen, von denen mindestens 0% ein Umweltziel verfolgen (das an der EU-Taxonomie ausgerichtet ist), mindestens 1% ein Umweltziel haben (das nicht an der EU-Taxonomie ausgerichtet ist) und mindestens 1% ein Sozialziel haben. Die übrigen nachhaltigen Anlagen des Teilfonds können ein Umwelt- oder Sozialziel verfolgen.

Sonstige Umweltziele 1%
(#1B Sonstige E/S-Eigenschaften) Umfasst Wertpapiere von Emittenten mit guten ESG-Eigenschaften, die aber keine nachhaltigen Anlagen sind.
#1A Nachhaltige
Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale
70%
Investitionen 3%
#1B Andere ökologische oder soziale Merkmale
Soziales 1%
#2 Andere Investitionen
#1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst Investitionen des Finanzprodukts, die zur Erreichung der beworbenen ökologischen oder sozialen Merkmale getätigt wurden.
#2 Andere Investitionen umfasst die übrigen Investitionen des Finanzprodukts, die weder auf ökologische oder soziale Merkmale ausgerichtet sind noch als nachhaltige Investitionen eingestuft werden.
Die Kategorie #1 Ausgerichtet auf ökologische oder soziale Merkmale umfasst folgende Unterkategorien:
Die Unterkategorie #1A Nachhaltige Investitionen umfasst nachhaltige Investitionen mit ökologischen oder sozialen Zielen.
Die Unterkategorie #1B Andere ökologische oder soziale Merkmale umfasst Investitionen, die auf ökologische oder soziale Merkmale ausgerichtet sind, aber nicht als nachhaltige Investitionen eingestuft werden.
Inwiefern werden durch den Einsatz von Derivaten die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht?
Wenn das einem Derivat zugrunde liegende Wertpapier im Einklang mit dem System für nachhaltiges Investieren von Fidelity gute ESG-Eigenschaften aufweist, darf das Derivat zur Feststellung des Teilfondsanteils berücksichtigt werden, der Umwelt- oder Sozialeigenschaften fördert.
In welchem Mindestmaß sind nachhaltige Investitionen mit einem Umweltziel mit der EU-Taxonomie konform?
Der Teilfonds investiert mindestens 0% in nachhaltige Anlagen mit einem Umweltziel, die mit der EU-Taxonomie konform sind.
Die Konformität der Anlagen des Teilfonds mit der EU-Taxonomie wird nicht durch Wirtschaftsprüfer oder mittels einer Überprüfung durch Dritte sichergestellt.
Die Ausrichtung der zugrunde liegenden Anlagen des Teilfonds an der EU-Taxonomie wird anhand des Umsatzes gemessen.
Investiert das Finanzprodukt in Aktivitäten im Zusammenhang mit fossilem Gas und/oder Kernenergie, die der EU-Taxonomie¹ entsprechen?
- JaNein
- In fossiles Gas	In KernenergieWie hoch ist der Mindestanteil der Investitionen in Übergangstätigkeiten und ermöglichende Tätigkeiten?

Der Teilfonds investiert mindestens 0% in Übergangstätigkeiten und ermöglichende Tätigkeiten.
Wie hoch ist der Mindestanteil nachhaltiger Investitionen mit einem Umweltziel, die nicht mit der EU-Taxonomie konform sind?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Umweltziel, das nicht mit der EU-Taxonomie konform ist.
Die Anlagen können zwar mit der EU-Taxonomie konform sein, aber der Investmentmanager ist derzeit nicht in der Lage, den genauen Anteil der Anlagen des Teilfonds anzugeben, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftstätigkeiten berücksichtigen. Die Position wird jedoch weiterhin überprüft, wenn die zugrunde liegenden Regeln festgelegt sind und im Laufe der Zeit mehr zuverlässige Daten zur Verfügung stehen.
¹ Tätigkeiten im Bereich fossiles Gas und/oder Kernenergie sind nur dann EU-taxonomiekonform, wenn sie zur Eindämmung des Klimawandels („Klimaschutz“) beitragen und kein Ziel der EU-Taxonomie erheblich beeinträchtigen – siehe Erläuterung am linken Rand. Die vollständigen Kriterien für EU-taxonomiekonforme Wirtschaftstätigkeiten im Bereich fossiles Gas und Kernenergie sind in der Delegierten Verordnung (EU) 2022/1214 der Kommission festgelegt.
Wie hoch ist der Mindestanteil der sozial nachhaltigen Investitionen?
Der Teilfonds investiert mindestens 1% in nachhaltige Anlagen mit einem Sozialziel.
Welche Investitionen fallen unter ,,#2 Andere Investitionen", welcher Anlagezweck wird mit ihnen verfolgt und gibt es einen ökologischen oder sozialen Mindestschutz?
Die verbleibenden Anlagen des Teilfonds, die sich nicht an guten ESG-Eigenschaften orientieren, werden in Übereinstimmung mit dem finanziellen Anlageziel des Teilfonds oder für Liquiditätszwecke in liquiden Mitteln und liquiden Mitteln gleichstehenden Mitteln sowie in Derivaten angelegt, die als Anlagen und für ein effizientes Portfoliomanagement eingesetzt werden können.
Zur minimalen Absicherung von Umwelt- und Sozialzielen müssen alle Direktanlagen in Unternehmen als Emittenten den Ausschlusskriterien entsprechen.

###### Wurde ein Index als Referenzwert bestimmt, um festzustellen, ob dieses Finanzprodukt auf die beworbenen ökologischen und/oder sozialen Merkmale ausgerichtet ist?
Es wird kein bestimmter Index als Referenzbenchmark angegeben, um festzustellen, ob dieses Finanzprodukt zu den geförderten Umwelt- oder Sozialeigenschaften passt.
Bei den Referenzwerten handelt es sich um Indizes, mit denen gemessen wird, ob das Finanzprodukt die beworbenen ökologischen oder sozialen Merkmale erreicht.
Inwiefern ist der Referenzwert kontinuierlich auf die mit dem Finanzprodukt beworbenen ökologischen und sozialen Merkmale ausgerichtet?
Diese Frage ist hier nicht relevant.
Wie wird die kontinuierliche Ausrichtung der Anlagestrategie auf die Indexmethode sichergestellt?
Diese Frage ist hier nicht relevant.
Wie unterscheidet sich der bestimmte Index von einem relevanten breiten Marktindex?
Diese Frage ist hier nicht relevant.
Wo kann die Methode zur Berechnung des bestimmten Indexes eingesehen werden?
Diese Frage ist hier nicht relevant.

###### 	Wo kann ich im Internet weitere produktspezifische Informationen finden?
Weitere produktspezifische Informationen finden Sie auf der Website: https:/www.fidelity.lu/funds/factsheet/LU0138981039/tab-disclosure#SFDR-disclosure. 
Weitere Informationen zu den hier dargelegten Methoden finden Sie auf der Website: System fürnachhaltiges Investieren (fidelityinternational.com).
Vorvertragliche Informationen zu den in Artikel 8 Absätze 1, 2 und 2a der Verordnung (EU) 2019/2088 und Artikel 6 Absatz 1 der Verordnung (EU) 2020/852 genannten Finanzprodukten
Name des Produkts:	Unternehmenskennung (LEI- Code):
Fidelity Funds - Multi Asset Dynamic Inflation Fund	549300U9M1GS5XNJ0154

###### Ökologische und/oder soziale Merkmale
| Werden mit diesem Finanzprodukt nachhaltige Investitionen angestrebt? |
| --- |
|  | - Ja
 |  | Nein |
| - Es wird damit ein MindestanteiI an nachhaltigen Investitionen mit einem Umweltziel getätigt:%
	- in Wirtschaftstätigkeiten, die nach derEU-Taxonomie als ökologisch nachhaltig einzustufen sind

- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie nicht als ökologisch nachhaltig einzustufen sind
- Es wird damit ein Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel getätigt:%
 | - Es werden damit ökologische/soziale Merkmale beworben und obwohl keine nachhaltigenInvestitionen angestrebt werden, enthält es einen Mindestanteil von % an nachhaltigen Investitionen.
- mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie als ökologisch nachhaltig einzustufen sind
- mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie nicht als ökologisch nachhaltig einzustufen sind
- mit einem sozialen ZielEs	werden		damit	ökologische/soziale Merkmale	beworben,		aber	keinenachhaltigen Investitionen getätigt.
 |

Welche ökologischen und/ oder sozialen Merkmale werden mit diesem Finanzprodukt beworben?
Mit Nachhaltigkeitsin- dikatoren wird gemessen, inwieweit die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht werden.
Der Teilfonds fördert Umwelt- und Sozialeigenschaften, indem er in Wertpapiere von Emittenten mit guten ESG-Eigenschaften investiert. Gute ESG-Eigenschaften werden anhand von ESG-Ratings ermittelt. ESG-Ratings berücksichtigen Umwelteigenschaften wie CO2-Intensität, CO2-Emissionen, Energieeffizienz, Wasser- und Abfallmanagement und Biodiversität sowie Sozialeigenschaften wie Produktsicherheit, Lieferkette, Gesundheit und Sicherheit sowie Menschenrechte.
Es wurde keine Benchmark angegeben, um festzustellen, ob die geförderten Umwelt- und Sozialeigenschaften erreicht werden.
Welche Nachhaltigkeitsindikatoren werden zur Messung der Erreichung der einzelnen ökologischen oder sozialen Merkmale, die durch dieses Finanzprodukt beworben werden, herangezogen?
Der Teilfonds verwendet die folgenden Nachhaltigkeitsindikatoren, um die Ausprägung der von ihm geförderten Umwelt- oder Sozialeigenschaften zu messen:
- der  Prozentsatz des Teilfonds, der in Wertpapieren von Emittenten mit guten ESG-Eigenschaften im Einklang mit dem System für nachhaltiges Investieren von Fidelity investiert ist; und
- der Prozentsatz des Teilfonds, der in Wertpapiere von Unternehmen als Emittenten investiert ist, auf die die (unten definierten) Ausschlusskriterien zutreffen.

Welches sind die Ziele der nachhaltigen Investitionen, die mit dem
Finanzprodukt teilweise getätigt werden sollen, und wie trägt die nachhaltige Investition zu diesen Zielen bei?
Diese Frage ist hier nicht relevant, da der Teilfonds nicht beabsichtigt, nachhaltige Investitionen zu tätigen.
Inwiefern werden die nachhaltigen Investitionen, die mit dem Finanzprodukt teilweise getätigt werden sollen, keinem der ökologischen oder sozialen nachhaltigen Anlageziele erheblich schaden?
Diese Frage ist hier nicht relevant, da der Teilfonds nicht beabsichtigt, nachhaltige Investitionen zu tätigen.
Bei den wichtigsten nachteiligen Auswirkungen handelt es sich um die bedeutendsten nachteiligen Auswirkungen von Investitionsentscheidun- gen auf NachhaItigkeitsfaktoren in den Bereichen Umwelt, Soziales und Beschäftigung, Achtung der Menschenrechte und Bekämpfung von Korruption und Bestechung.
Wie wurden die Indikatoren für nachteilige Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Diese Frage ist hier nicht relevant.
Wie stehen die nachhaltigen Investitionen mit den OECD-Leitsätzen für multinationale Unternehmen und den Leitprinzipien der Vereinten Nationen für Wirtschaft und
Menschenrechte in Einklang? Nähere Angaben:
Diese Frage ist hier nicht relevant.
In der EU-Taxonomie ist der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" festgelegt, nach dem taxonomiekonforme Investitionen die Ziele der EU-Taxonomie nicht erheblich beeinträchtigen dürfen, und es sind spezifische EU-Kriterien beigefügt. Der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" findet nur bei denjenigen dem Finanzprodukt zugrunde liegenden Investitionen Anwendung, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten berücksichtigen. Die dem verbleibenden Teil dieses  Finanzprodukts zugrunde  liegenden Investitionen berücksichtigen nicht die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten. Alle anderen nachhaltigen Investitionen dürfen ökologische oder soziale Ziele ebenfalls nicht erheblich beeinträchtigen.

###### Werden bei diesem Finanzprodukt die wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Ja
- NeinDie wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren werden mit Hilfe einer Vielzahl von Instrumenten berücksichtigt und in Anlageentscheidungen einbezogen. Hierzu zählen:
- Due Diligence – Analyse, ob die wichtigsten nachteiligen Auswirkungen (PAI) wesentlich und negativ sind.
- ESG-Rating – Fidelity bezieht sich auf ESG-Ratings, die wesentliche nachteilige Auswirkungenwie CO2-Emissionen, Mitarbeitersicherheit, Bestechung und Korruption sowie Wassermanagement berücksichtigen, und bei den von Staaten ausgegebenen Wertpapieren berücksichtigen die verwendeten Ratings wichtige nachteilige Auswirkungen (PAI) wie CO2-Emissionen, Sozialverstöße und die Meinungsfreiheit.
- Ausschlusskriterien – Bei Direktanlagen in Unternehmen als Emittenten wendet der Teilfonds die (unten definierten) Ausschlusskriterien an, um die wichtigsten nachteiligen Auswirkungen abzumildern. Dazu schließt er schädliche Sektoren aus und verbietet Investitionen in Emittenten, die gegen internationale Standards wie den UNGC verstoßen.
- Mitwirkung – Fidelity nutzt Mitwirkung als ein Instrument, um die wichtigsten nachteiligen Auswirkungen besser zu verstehen und sich unter bestimmten Umständen für die Abmilderung der wichtigsten nachteiligen Auswirkungen einzusetzen. Fidelity beteiligt sich an relevanten individuellen und kollaborativen Engagements, die auf eine Reihe von wichtigen negativen Auswirkungen abzielen (z. B. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Abstimmungsverhalten	 –	Die	Abstimmungsrichtlinie		von	Fidelity	legt	explizite Mindeststandards	für	die	Geschlechtervielfalt	in	den	Leitungsorganen		und		für	die Berücksichtigung des Klimawandels durch die Unternehmensemittenten fest. Fidelity kann auch auf eine Weise abstimmen, dass die wichtigsten nachteiligen Auswirkungen abgemildert werden.
- Vierteljährliche Überprüfungen – Überwachung der wichtigsten nachteiligen Auswirkungen (PAI) durch den vierteljährlichen Überprüfungsprozess des Teilfonds.

Wenn es um die Frage geht, ob Investitionen eine wesentliche nachteilige Auswirkung haben, berücksichtigt Fidelity für jeden Nachhaltigkeitsfaktor spezifische Indikatoren. Diese Indikatoren hängen von der Datenverfügbarkeit ab und können sich mit zunehmender Datenqualität und
-verfügbarkeit weiterentwickeln.
Informationen über die wichtigsten nachteiligen Auswirkungen werden im Jahresbericht des Teilfonds zur Verfügung gestellt.

###### Welche Anlagestrategie wird mit diesem Finanzprodukt verfolgt?
Die Anlagestrategie dient aIs Richtschnur für Investitionsentscheidun- gen, wobei bestimmte Kriterien wie beispielsweise Investitionsziele oder Risikotoleranz
berücksichtigt werden.
Mindestens 50% des Nettovermögens des Teilfonds werden in Wertpapiere investiert, die gute ESG-Eigenschaften aufweisen.
Ob ESG-Eigenschaften gut sind, wird anhand von ESG-Ratings externer Agenturen und von Fidelity ESG-Ratings ermittelt.
Das Multi Asset Research-Team von Fidelity ist bestrebt, den ESG-Ansatz eines einzelnen Managers zu verstehen. Hierzu wird bewertet, inwieweit ESG-Überlegungen im Investmentprozess und in der Philosophie, in der Finanzanalyse des Analysten und bei der Zusammensetzung des Portfolios berücksichtigt werden. Das Team berücksichtigt, wie ESG-Faktoren in die Anlagepolitik der Strategie integriert werden und, sofern eigene Ratings verwendet werden, wie sich die ESG-Research und ihre Ergebnisse in der Gewichtung der einzelnen Wertpapiere und in den anwendbaren Engagement- und Ausschlussrichtlinien widerspiegeln. Um die ESG-Kennzahlen der jeweiligen Strategien zu bewerten, untersucht das Team Daten aus einer Reihe von Quellen, zu denen u. a. Fidelity ESG Ratings sowie Daten von Drittanbietern gehören.
In Bezug auf seine Direktanlagen in Unternehmensemittenten berücksichtigt der Teilfonds:
a) eine unternehmensweite Ausschlussliste, die Streumunition und Antipersonenlandminen umfasst; und
- eine normenbasierte Filterung von Emittenten, die nach Ansicht des Investmentmanagers ihre Geschäfte nicht in Übereinstimmung mit internationalen Normen, darunter den im UNGC festgelegten, durchgeführt haben.

Die oben genannten Ausschluss- und Filterkriterien (die „Ausschlusskriterien“) werden möglicherweise von Zeit zu Zeit aktualisiert. Weitere Informationen erhalten Sie auf der Website Sustainable investing framework (fidelityinternational.com).
Es steht zudem im Ermessen des Investmentmanagers, von Zeit zu Zeit erweiterte, strengere Nachhaltigkeitsanforderungen und Ausschlusskriterien anzuwenden.
Worin bestehen die verbindlichen Elemente der Anlagestrategie, die für die Auswahl der Investitionen zur Erfüllung der beworbenen ökologischen oder sozialen Ziele verwendet werden?
Der  Fonds  wird  mindestens  50%  seines  Vermögens  in  Emittenten  mit  guten ESG-Eigenschaften investieren.
Darüber hinaus wird der Teilfonds die oben beschriebenen Ausschlusskriterien auf alle Direktanlagen bei Unternehmensemittenten anwenden.
Um welchen Mindestsatz wird der Umfang der vor der Anwendung dieser Anlagestrategie in Betracht gezogenen Investitionen reduziert?
Diese Frage ist hier nicht relevant.
Die Verfahrensweisen einer guten
Unternehmensführung umfassen solide Managementstrukturen, die Beziehungen zu den Arbeitnehmern, die Vergütung von Mitarbeitern sowie die Einhaltung der Steuervorschriften.
Wie werden die Verfahrensweisen einer guten Unternehmensführung der Unternehmen, in die investiert wird, bewertet?
Die Governance-Praktiken der Emittenten werden anhand von Fundamentalresearch bewertet, darunter im Rahmen der von externen Agenturen oder Fidelity bereitgestellten ESG-Ratings.
Zu den wichtigsten der analysierten Fragen gehören die Erfolgsbilanz hinsichtlich: Kapitalallokation, finanzieller Transparenz, Transaktionen mit nahestehenden Unternehmen und Personen, Unabhängigkeit und Größe des Vorstands, Vergütung von Führungskräften, Wirtschaftsprüfung und interner Revision, Rechte der Minderheitsaktionäre und anderer Indikatoren. Für staatliche Emittenten werden Faktoren wie Korruption und Meinungsfreiheit einbezogen.
Die Vermögensallokation gibt den jeweiligen Anteil der Investitionen in bestimmte Vermögenswerte an.
Taxonomiekonforme Tätigkeiten, ausgedrückt durch den Anteil der:
- Umsatzerlöse, die den Anteil der Einnahmen aus umweltfreundlichenAktivitäten der Unternehmen, in die investiert wird, widerspiegeln
- Investitionsausgaben (CapEx), die die umweltfreundlichen Investitionen der Unternehmen, in die investiert wird, aufzeigen,z.B. für den Übergang zu einer grünen Wirtschaft- Betriebsausgaben (OpEx), die die umweltfreundlichenbetrieblichen Aktivitäten der Unternehmen, in die investiert wird, widerspiegelnWelche Vermögensallokation ist für dieses Finanzprodukt geplant? 

(#1 Ausgerichtet an E/S-Eigenschaften) Der Teilfonds investiert mindestens 50 seines Vermögens in Wertpapiere von Emittenten mit guten ESG-Eigenschaften.
Inwiefern werden durch den Einsatz von Derivaten die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht?
Wenn das einem Derivat zugrunde liegende Wertpapier im Einklang mit dem System für nachhaltiges Investieren von Fidelity gute ESG-Eigenschaften aufweist, darf das Derivat zur Feststellung des Teilfondsanteils berücksichtigt werden, der Umwelt- oder Sozialeigenschaften fördert.
In welchem Mindestmaß sind nachhaltige Investitionen mit einem Umweltziel mit der EU-Taxonomie konform?
Der Teilfonds investiert mindestens 0% in nachhaltige Anlagen mit einem Umweltziel, die mit der EU-Taxonomie konform sind.
Die Konformität der Anlagen des Teilfonds mit der EU-Taxonomie wird nicht durch Wirtschaftsprüfer oder mittels einer Überprüfung durch Dritte sichergestellt.
Die Ausrichtung der zugrunde liegenden Anlagen des Teilfonds an der EU-Taxonomie wird anhand des Umsatzes gemessen.
Investiert das Finanzprodukt in Aktivitäten im Zusammenhang mit fossilem Gas und/oder Kernenergie, die der EU-Taxonomie¹ entsprechen?
Ja
Nein
In fossiles Gas	In Kernenergie
Wie hoch ist der Mindestanteil der Investitionen in Übergangstätigkeiten und ermöglichende Tätigkeiten?
Der Teilfonds investiert mindestens 0% in Übergangstätigkeiten und ermöglichende Tätigkeiten.
Wie hoch ist der Mindestanteil nachhaltiger Investitionen mit einem Umweltziel, die nicht mit der EU-Taxonomie konform sind?
Diese Frage ist hier nicht relevant, da der Teilfonds nicht beabsichtigt, nachhaltige Investitionen zu tätigen.
Wie hoch ist der Mindestanteil der sozial nachhaltigen Investitionen?
Diese Frage ist hier nicht relevant, da der Teilfonds nicht beabsichtigt, nachhaltige Investitionen zu tätigen.
Welche Investitionen fallen unter ,,#2 Andere Investitionen", welcher Anlagezweck wird mit ihnen verfolgt und gibt es einen ökologischen oder sozialen Mindestschutz?
Die verbleibenden Anlagen des Teilfonds erfolgen in Instrumenten, die zum Finanzziel des Teilfonds passen, und für Liquiditätszwecke in liquiden Mitteln und liquiden Mitteln gleichstehenden Mitteln sowie in Derivaten, die als Anlagen und für eine effiziente Portfolioverwaltung eingesetzt werden können.
Zur Gewährleistung eines Mindestmaßes an Umwelt- und Sozialabsicherungen wendet der Teilfonds die Ausschlusskriterien an.
¹ Tätigkeiten im Bereich fossiles Gas und/oder Kernenergie sind nur dann EU-taxonomiekonform, wenn sie zur Eindämmung des Klimawandels („Klimaschutz“) beitragen und kein Ziel der EU-Taxonomie erheblich beeinträchtigen – siehe Erläuterung am linken Rand. Die vollständigen Kriterien für EU-taxonomiekonforme Wirtschaftstätigkeiten im Bereich fossiles Gas und Kernenergie sind in der Delegierten Verordnung (EU) 2022/1214 der Kommission festgelegt.

###### Wurde ein Index als Referenzwert bestimmt, um festzustellen, ob dieses Finanzprodukt auf die beworbenen ökologischen und/oder sozialen Merkmale ausgerichtet ist?
Es wird kein bestimmter Index als Referenzbenchmark angegeben, um festzustellen, ob dieses Finanzprodukt zu den geförderten Umwelt- oder Sozialeigenschaften passt.
Bei den Referenzwerten handelt es sich um Indizes, mit denen gemessen wird, ob das Finanzprodukt die beworbenen ökologischen oder sozialen Merkmale erreicht.
Inwiefern ist der Referenzwert kontinuierlich auf die mit dem Finanzprodukt beworbenen ökologischen und sozialen Merkmale ausgerichtet?
Diese Frage ist hier nicht relevant.
Wie wird die kontinuierliche Ausrichtung der Anlagestrategie auf die Indexmethode sichergestellt?
Diese Frage ist hier nicht relevant.
Wie unterscheidet sich der bestimmte Index von einem relevanten breiten Marktindex?
Diese Frage ist hier nicht relevant.
Wo kann die Methode zur Berechnung des bestimmten Indexes eingesehen werden?
Diese Frage ist hier nicht relevant.

###### 	Wo kann ich im Internet weitere produktspezifische Informationen finden?
Weitere produktspezifische Informationen finden Sie auf der Website: https:/www.fidelity.lu/funds/factsheet/LU251130554/tab-disclosure#SFDR-disclosure
Weitere Informationen zu den hier dargelegten Methoden finden Sie auf der Website: System für nachhaltiges Investieren (fidelityinternational.com).
Vorvertragliche Informationen zu den in Artikel 8 Absätze 1, 2 und 2a der Verordnung (EU) 2019/2088 und Artikel 6 Absatz 1 der Verordnung (EU) 2020/852 genannten Finanzprodukten
Name des Produkts:	Unternehmenskennung (LEI- Code):
Fidelity Funds - Euro Cash Fund	549300JLOE1H4LO06859

###### Ökologische und/oder soziale Merkmale
| Werden mit diesem Finanzprodukt nachhaltige Investitionen angestrebt? |
| --- |
|  | - Ja
 |  | Nein |
| - Es wird damit ein MindestanteiI an nachhaltigen Investitionen mit einem Umweltziel getätigt:%
	- in Wirtschaftstätigkeiten, die nach derEU-Taxonomie als ökologisch nachhaltig einzustufen sind

- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie nicht als ökologisch nachhaltig einzustufen sind
- Es wird damit ein Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel getätigt:%
 | - Es werden damit ökologische/soziale Merkmale beworben und obwohl keine nachhaltigenInvestitionen angestrebt werden, enthält es einen Mindestanteil von % an nachhaltigen Investitionen.
- mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie als ökologisch nachhaltig einzustufen sind
- mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie nicht als ökologisch nachhaltig einzustufen sind
- mit einem sozialen ZielEs	werden		damit	ökologische/soziale Merkmale	beworben,		aber	keinenachhaltigen Investitionen getätigt.
 |

Welche ökologischen und/ oder sozialen Merkmale werden mit diesem Finanzprodukt beworben?
Mit Nachhaltigkeitsin- dikatoren wird gemessen, inwieweit die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht werden.
Der Teilfonds fördert Umwelt- und Sozialeigenschaften, indem er in Wertpapiere von Emittenten mit guten ESG-Eigenschaften investiert. Gute ESG-Eigenschaften werden anhand von ESG-Ratings ermittelt. ESG-Ratings berücksichtigen Umwelteigenschaften wie CO2-Intensität, CO2-Emissionen, Energieeffizienz, Wasser- und Abfallmanagement und Biodiversität sowie Sozialeigenschaften wie Produktsicherheit, Lieferkette, Gesundheit und Sicherheit sowie Menschenrechte.
Es wird keine Referenzbenchmark festgelegt, um die geförderten Umwelt- und Sozialeigenschaften zu erreichen.
Welche Nachhaltigkeitsindikatoren werden zur Messung der Erreichung der einzelnen ökologischen oder sozialen Merkmale, die durch dieses Finanzprodukt beworben werden, herangezogen?
Der Teilfonds verwendet die folgenden Nachhaltigkeitsindikatoren, um die Ausprägung der von ihm geförderten Umwelt- oder Sozialeigenschaften zu messen:
- der  Prozentsatz des Teilfonds, der in Wertpapieren von Emittenten mit guten ESG-Eigenschaften im Einklang mit dem System für nachhaltiges Investieren von Fidelity investiert ist; und
- der Prozentsatz des Teilfonds, der in Wertpapiere von Emittenten investiert ist, auf die die (unten definierten) Ausschlusskriterien zutreffen.

Welches sind die Ziele der nachhaltigen Investitionen, die mit dem
Finanzprodukt teilweise getätigt werden sollen, und wie trägt die nachhaltige Investition zu diesen Zielen bei?
Diese Frage ist hier nicht relevant, da der Teilfonds nicht beabsichtigt, nachhaltige Investitionen zu tätigen.
Inwiefern werden die nachhaltigen Investitionen, die mit dem Finanzprodukt teilweise getätigt werden sollen, keinem der ökologischen oder sozialen nachhaltigen Anlageziele erheblich schaden?
Diese Frage ist hier nicht relevant, da der Teilfonds nicht beabsichtigt, nachhaltige Investitionen zu tätigen.
Bei den wichtigsten nachteiligen Auswirkungen handelt es sich um die bedeutendsten nachteiligen Auswirkungen von Investitionsentscheidun- gen auf NachhaItigkeitsfaktoren in den Bereichen Umwelt, Soziales und Beschäftigung, Achtung der Menschenrechte und Bekämpfung von Korruption und Bestechung.
Wie wurden die Indikatoren für nachteilige Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Diese Frage ist hier nicht relevant.
Wie stehen die nachhaltigen Investitionen mit den OECD-Leitsätzen für multinationale Unternehmen und den Leitprinzipien der Vereinten Nationen für Wirtschaft und
Menschenrechte in Einklang? Nähere Angaben:
Diese Frage ist hier nicht relevant.
In der EU-Taxonomie ist der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" festgelegt, nach dem taxonomiekonforme Investitionen die Ziele der EU-Taxonomie nicht erheblich beeinträchtigen dürfen, und es sind spezifische EU-Kriterien beigefügt. Der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" findet nur bei denjenigen dem Finanzprodukt zugrunde liegenden Investitionen Anwendung, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten berücksichtigen. Die dem verbleibenden Teil dieses  Finanzprodukts zugrunde  liegenden Investitionen berücksichtigen nicht die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten. Alle anderen nachhaltigen Investitionen dürfen ökologische oder soziale Ziele ebenfalls nicht erheblich beeinträchtigen.

###### Werden bei diesem Finanzprodukt die wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Ja
- NeinDie wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren werden mit Hilfe einer Vielzahl von Instrumenten berücksichtigt und in Anlageentscheidungen einbezogen. Hierzu zählen:
- Due Diligence – Analyse, ob die wichtigsten nachteiligen Auswirkungen (PAI) wesentlich und negativ sind.
- ESG-Rating – Fidelity bezieht sich auf ESG-Ratings, die wesentliche nachteilige Auswirkungenwie CO2-Emissionen, Mitarbeitersicherheit, Bestechung und Korruption sowie Wassermanagement berücksichtigen, und bei den von Staaten ausgegebenen Wertpapieren berücksichtigen die verwendeten Ratings wichtige nachteilige Auswirkungen (PAI) wie CO2-Emissionen, Sozialverstöße und die Meinungsfreiheit.
- Ausschlusskriterien – Bei Direktanlagen in Unternehmen als Emittenten wendet der Teilfonds die (unten definierten) Ausschlusskriterien an, um die wichtigsten nachteiligen Auswirkungen abzumildern. Dazu schließt er schädliche Sektoren aus und verbietet Investitionen in Emittenten, die gegen internationale Standards wie den UNGC verstoßen.
- Mitwirkung – Fidelity nutzt Mitwirkung als ein Instrument, um die wichtigsten nachteiligen Auswirkungen besser zu verstehen und sich unter bestimmten Umständen für die Abmilderung der wichtigsten nachteiligen Auswirkungen einzusetzen. Fidelity beteiligt sich an relevanten individuellen und kollaborativen Arten der Mitwirkung, die auf eine Reihe von wichtigen negativen Auswirkungen abzielen (z. B. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Abstimmungsverhalten – Die Abstimmungspolitik von Fidelity umfasst bei Unternehmen als Emittenten explizite Mindeststandards für die Geschlechtervielfalt im Aufsichtsrat und die Auseinandersetzung mit dem Klimawandel. Fidelity kann auch auf eine Weise abstimmen, dass die wichtigsten nachteiligen Auswirkungen abgemildert werden.
- Vierteljährliche Überprüfungen – Überwachung der wichtigsten nachteiligen Auswirkungen (PAI) durch den vierteljährlichen Überprüfungsprozess des Teilfonds.

Wenn es um die Frage geht, ob Investitionen eine wesentliche nachteilige Auswirkung haben, berücksichtigt Fidelity für jeden Nachhaltigkeitsfaktor spezifische Indikatoren. Diese Indikatoren hängen von der Datenverfügbarkeit ab und können sich mit zunehmender Datenqualität und
-verfügbarkeit weiterentwickeln.
Informationen über die wichtigsten nachteiligen Auswirkungen werden im Jahresbericht des Teilfonds zur Verfügung gestellt.

###### Welche Anlagestrategie wird mit diesem Finanzprodukt verfolgt?
Die Anlagestrategie dient aIs Richtschnur für Investitionsentscheidun- gen, wobei bestimmte Kriterien wie beispielsweise Investitionsziele oder Risikotoleranz
berücksichtigt werden.
Der Teilfonds ist Teil der Familie der Nachhaltigkeitsfonds von Fidelity und verfolgt eine auf Nachhaltigkeit ausgerichtete Strategie, bei der mindestens 70% des Fondsvermögens in Wertpapiere mit guten ESG-Eigenschaften investiert werden.
Ob ESG-Eigenschaften eine gute Ausprägung haben, wird anhand von ESG-Ratings externer Agenturen und Fidelity ESG-Ratings ermittelt.
Emittenten, deren Rating sie für die Zwecke des Primärziels (mindestens 70% des Vermögens) als ungeeignet zur Einstufung als Unternehmen mit guten ESG-Eigenschaften erscheinen lässt, können im Umfang von bis zu 30% des Nettovermögens aufgenommen werden, sofern sie nachweisen können, dass sie sich hinsichtlich ihrer ESG-Eigenschaften auf dem Weg der Besserung befinden.
In Bezug auf seine Direktanlagen berücksichtigt der Teilfonds:
- eine unternehmensweite Ausschlussliste, die Streumunition und Antipersonenminen umfasst, und
- eine prinzipienbasierte Ausschlussrichtlinie, die Folgendes beinhaltet:
	- eine normenbasierte Filterung von Emittenten, die nach Auffassung des Investmentmanagers ihre Geschäfte nicht in Übereinstimmung mit internationalen Normen, darunter denen des UNGC, geführt haben; und
	- ein Filterkriterium, durch das bestimmte Sektoren, Emittenten oder Praktiken auf der Grundlage konkreter ESG-Kriterien ausgeschlossen werden können, wobei für diese Kriterien möglicherweise auch Umsatzschwellen angewendet werden.


Die oben genannten Ausschluss- und Filterkriterien (die „Ausschlusskriterien“) werden möglicherweise von Zeit zu Zeit aktualisiert. Weitere Informationen erhalten Sie auf der Website Sustainable investing framework (fidelityinternational.com).
Es steht zudem im Ermessen des Investmentmanagers, von Zeit zu Zeit erweiterte, strengere Nachhaltigkeitsanforderungen und Ausschlusskriterien anzuwenden.
Worin bestehen die verbindlichen Elemente der Anlagestrategie, die für die Auswahl der Investitionen zur Erfüllung der beworbenen ökologischen oder sozialen Ziele verwendet werden?
Der Teilfonds investiert mindestens 70% seines Vermögens in Emittenten mit guten ESG-Eigenschaften.
Darüber hinaus wird der Teilfonds die oben beschriebenen Ausschlusskriterien auf alle Direktanlagen bei Unternehmensemittenten anwenden.
Um welchen Mindestsatz wird der Umfang der vor der Anwendung dieser Anlagestrategie in Betracht gezogenen Investitionen reduziert?
Diese Frage ist hier nicht relevant.
Die Verfahrensweisen einer guten
Unternehmensführung umfassen solide Managementstrukturen, die Beziehungen zu den Arbeitnehmern, die Vergütung von Mitarbeitern sowie die Einhaltung der Steuervorschriften.
Wie werden die Verfahrensweisen einer guten Unternehmensführung der Unternehmen, in die investiert wird, bewertet?
Die Governance-Praktiken der Emittenten werden anhand von Fundamentalresearch bewertet, darunter im Rahmen der von externen Agenturen und Fidelity bereitgestellten ESG-Ratings.
Zu den wichtigsten der analysierten Fragen gehören die Erfolgsbilanz hinsichtlich: Kapitalallokation, finanzieller Transparenz, Transaktionen mit nahestehenden Unternehmen und Personen, Unabhängigkeit und Größe des Vorstands, Vergütung von Führungskräften, Wirtschaftsprüfung und interner Revision, Rechte der Minderheitsaktionäre und anderer Indikatoren. Für staatliche Emittenten werden Faktoren wie Korruption und Meinungsfreiheit einbezogen.
Die Vermögensallokation gibt den jeweiligen Anteil der Investitionen in bestimmte Vermögenswerte an.
Taxonomiekonforme Tätigkeiten, ausgedrückt durch den Anteil der:
- Umsatzerlöse, die den Anteil der Einnahmen aus umweltfreundlichenAktivitäten der Unternehmen, in die investiert wird, widerspiegeln
- Investitionsausgaben (CapEx), die die umweltfreundlichen Investitionen der Unternehmen, in die investiert wird, aufzeigen,z.B. für den Übergang zu einer grünen Wirtschaft- Betriebsausgaben (OpEx), die die umweltfreundlichenbetrieblichen Aktivitäten der Unternehmen, in die investiert wird, widerspiegelnWelche Vermögensallokation ist für dieses Finanzprodukt geplant? 

(#1 Ausgerichtet an E/S-Eigenschaften) Der Teilfonds investiert mindestens 70 seines Vermögens in Wertpapiere von Emittenten mit guten ESG-Eigenschaften.
Inwiefern werden durch den Einsatz von Derivaten die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht?
Wenn das einem Derivat zugrunde liegende Wertpapier im Einklang mit dem System für nachhaltiges Investieren von Fidelity gute ESG-Eigenschaften aufweist, darf das Derivat zur Feststellung des Teilfondsanteils berücksichtigt werden, der Umwelt- oder Sozialeigenschaften fördert.
In welchem Mindestmaß sind nachhaltige Investitionen mit einem Umweltziel mit der EU-Taxonomie konform?
Der Teilfonds investiert mindestens 0% in nachhaltige Anlagen mit einem Umweltziel, die mit der EU-Taxonomie konform sind.
Die Konformität der Anlagen des Teilfonds mit der EU-Taxonomie wird nicht durch Wirtschaftsprüfer oder mittels einer Überprüfung durch Dritte sichergestellt.
Die Ausrichtung der zugrunde liegenden Anlagen des Teilfonds an der EU-Taxonomie wird anhand des Umsatzes gemessen.
Investiert das Finanzprodukt in Aktivitäten im Zusammenhang mit fossilem Gas und/oder Kernenergie, die der EU-Taxonomie¹ entsprechen?
Ja
Nein
In fossiles Gas	In Kernenergie
Wie hoch ist der Mindestanteil der Investitionen in Übergangstätigkeiten und ermöglichende Tätigkeiten?
Der Teilfonds investiert mindestens 0% in Übergangstätigkeiten und ermöglichende Tätigkeiten.
Wie hoch ist der Mindestanteil nachhaltiger Investitionen mit einem Umweltziel, die nicht mit der EU-Taxonomie konform sind?
Diese Frage ist hier nicht relevant, da der Teilfonds nicht beabsichtigt, nachhaltige Investitionen zu tätigen.
Wie hoch ist der Mindestanteil der sozial nachhaltigen Investitionen?
Diese Frage ist hier nicht relevant, da der Teilfonds nicht beabsichtigt, nachhaltige Investitionen zu tätigen.
Welche Investitionen fallen unter ,,#2 Andere Investitionen", welcher Anlagezweck wird mit ihnen verfolgt und gibt es einen ökologischen oder sozialen Mindestschutz?
Die verbleibenden Anlagen des Teilfonds können in Wertpapieren von Emittenten erfolgen, die nachweisen können, dass sie sich in Bezug auf ihre ESG-Eigenschaften auf einem Kurs der Verbesserung befinden, und für Liquiditätszwecke in liquiden Mitteln und liquiden Mitteln gleichstehenden Mitteln sowie in Derivaten, die als Anlagen und für ein effizientes Portfoliomanagement eingesetzt werden können.
Zur Gewährleistung eines Mindestmaßes an Umwelt- und Sozialabsicherungen wendet der Teilfonds die Ausschlusskriterien an.
¹ Tätigkeiten im Bereich fossiles Gas und/oder Kernenergie sind nur dann EU-taxonomiekonform, wenn sie zur Eindämmung des Klimawandels („Klimaschutz“) beitragen und kein Ziel der EU-Taxonomie erheblich beeinträchtigen – siehe Erläuterung am linken Rand. Die vollständigen Kriterien für EU-taxonomiekonforme Wirtschaftstätigkeiten im Bereich fossiles Gas und Kernenergie sind in der Delegierten Verordnung (EU) 2022/1214 der Kommission festgelegt.

###### Wurde ein Index als Referenzwert bestimmt, um festzustellen, ob dieses Finanzprodukt auf die beworbenen ökologischen und/oder sozialen Merkmale ausgerichtet ist?
Es wird kein bestimmter Index als Referenzbenchmark angegeben, um festzustellen, ob dieses Finanzprodukt zu den geförderten Umwelt- oder Sozialeigenschaften passt.
Bei den Referenzwerten handelt es sich um Indizes, mit denen gemessen wird, ob das Finanzprodukt die beworbenen ökologischen oder sozialen Merkmale erreicht.
Inwiefern ist der Referenzwert kontinuierlich auf die mit dem Finanzprodukt beworbenen ökologischen und sozialen Merkmale ausgerichtet?
Diese Frage ist hier nicht relevant.
Wie wird die kontinuierliche Ausrichtung der Anlagestrategie auf die Indexmethode sichergestellt?
Diese Frage ist hier nicht relevant.
Wie unterscheidet sich der bestimmte Index von einem relevanten breiten Marktindex?
Diese Frage ist hier nicht relevant.
Wo kann die Methode zur Berechnung des bestimmten Indexes eingesehen werden?
Diese Frage ist hier nicht relevant.

###### 	Wo kann ich im Internet weitere produktspezifische Informationen finden?
Weitere produktspezifische Informationen finden Sie auf der Website: https:/www.fidelity.lu/funds/factsheet/LU0261953490/tab-disclosure#SFDR-disclosure. 
Weitere Informationen zu den hier dargelegten Methoden finden Sie auf der Website: System fürnachhaltiges Investieren (fidelityinternational.com).
Vorvertragliche Informationen zu den in Artikel 8 Absätze 1, 2 und 2a der Verordnung (EU) 2019/2088 und Artikel 6 Absatz 1 der Verordnung (EU) 2020/852 genannten Finanzprodukten
Name des Produkts:	Unternehmenskennung (LEI- Code):
Fidelity Funds - US Dollar Cash Fund	549300VCV3WGOB2T4874

###### Ökologische und/oder soziale Merkmale
| Werden mit diesem Finanzprodukt nachhaltige Investitionen angestrebt? |
| --- |
|  | - Ja
 |  | Nein |
| - Es wird damit ein MindestanteiI an nachhaltigen Investitionen mit einem Umweltziel getätigt:%
	- in Wirtschaftstätigkeiten, die nach derEU-Taxonomie als ökologisch nachhaltig einzustufen sind

- in Wirtschaftstätigkeiten, die nach der EU-Taxonomie nicht als ökologisch nachhaltig einzustufen sind
- Es wird damit ein Mindestanteil an nachhaltigen Investitionen mit einem sozialen Ziel getätigt:%
 | - Es werden damit ökologische/soziale Merkmale beworben und obwohl keine nachhaltigenInvestitionen angestrebt werden, enthält es einen Mindestanteil von % an nachhaltigen Investitionen.
- mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie als ökologisch nachhaltig einzustufen sind
- mit einem Umweltziel in Wirtschaftstätigkeiten, die nach der EU- Taxonomie nicht als ökologisch nachhaltig einzustufen sind
- mit einem sozialen ZielEs	werden		damit	ökologische/soziale Merkmale	beworben,		aber	keinenachhaltigen Investitionen getätigt.
 |

Welche ökologischen und/ oder sozialen Merkmale werden mit diesem Finanzprodukt beworben?
Mit Nachhaltigkeitsin- dikatoren wird gemessen, inwieweit die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht werden.
Der Teilfonds fördert Umwelt- und Sozialeigenschaften, indem er in Wertpapiere von Emittenten mit guten ESG-Eigenschaften investiert. Gute ESG-Eigenschaften werden anhand von ESG-Ratings ermittelt. ESG-Ratings berücksichtigen Umwelteigenschaften wie CO2-Intensität, CO2-Emissionen, Energieeffizienz, Wasser- und Abfallmanagement und Biodiversität sowie Sozialeigenschaften wie Produktsicherheit, Lieferkette, Gesundheit und Sicherheit sowie Menschenrechte.
Es wird keine Referenzbenchmark festgelegt, um die geförderten Umwelt- und Sozialeigenschaften zu erreichen.
Welche Nachhaltigkeitsindikatoren werden zur Messung der Erreichung der einzelnen ökologischen oder sozialen Merkmale, die durch dieses Finanzprodukt beworben werden, herangezogen?
Der Teilfonds verwendet die folgenden Nachhaltigkeitsindikatoren, um die Ausprägung der von ihm geförderten Umwelt- oder Sozialeigenschaften zu messen:
- der  Prozentsatz des Teilfonds, der in Wertpapieren von Emittenten mit guten ESG-Eigenschaften im Einklang mit dem System für nachhaltiges Investieren von Fidelity investiert ist; und
- der Prozentsatz des Teilfonds, der in Wertpapiere von Emittenten investiert ist, auf die die (unten definierten) Ausschlusskriterien zutreffen.

Welches sind die Ziele der nachhaltigen Investitionen, die mit dem
Finanzprodukt teilweise getätigt werden sollen, und wie trägt die nachhaltige Investition zu diesen Zielen bei?
Diese Frage ist hier nicht relevant, da der Teilfonds nicht beabsichtigt, nachhaltige Investitionen zu tätigen.
Inwiefern werden die nachhaltigen Investitionen, die mit dem Finanzprodukt teilweise getätigt werden sollen, keinem der ökologischen oder sozialen nachhaltigen Anlageziele erheblich schaden?
Diese Frage ist hier nicht relevant, da der Teilfonds nicht beabsichtigt, nachhaltige Investitionen zu tätigen.
Bei den wichtigsten nachteiligen Auswirkungen handelt es sich um die bedeutendsten nachteiligen Auswirkungen von Investitionsentscheidun- gen auf NachhaItigkeitsfaktoren in den Bereichen Umwelt, Soziales und Beschäftigung, Achtung der Menschenrechte und Bekämpfung von Korruption und Bestechung.
Wie wurden die Indikatoren für nachteilige Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Diese Frage ist hier nicht relevant.
Wie stehen die nachhaltigen Investitionen mit den OECD-Leitsätzen für multinationale Unternehmen und den Leitprinzipien der Vereinten Nationen für Wirtschaft und
Menschenrechte in Einklang? Nähere Angaben:
Diese Frage ist hier nicht relevant.
In der EU-Taxonomie ist der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" festgelegt, nach dem taxonomiekonforme Investitionen die Ziele der EU-Taxonomie nicht erheblich beeinträchtigen dürfen, und es sind spezifische EU-Kriterien beigefügt. Der Grundsatz „Vermeidung erheblicher Beeinträchtigungen" findet nur bei denjenigen dem Finanzprodukt zugrunde liegenden Investitionen Anwendung, die die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten berücksichtigen. Die dem verbleibenden Teil dieses  Finanzprodukts zugrunde  liegenden Investitionen berücksichtigen nicht die EU-Kriterien für ökologisch nachhaltige Wirtschaftsaktivitäten. Alle anderen nachhaltigen Investitionen dürfen ökologische oder soziale Ziele ebenfalls nicht erheblich beeinträchtigen.

###### Werden bei diesem Finanzprodukt die wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren berücksichtigt?
Ja
- NeinDie wichtigsten nachteiligen Auswirkungen auf Nachhaltigkeitsfaktoren werden mit Hilfe einer Vielzahl von Instrumenten berücksichtigt und in Anlageentscheidungen einbezogen. Hierzu zählen:
- Due Diligence – Analyse, ob die wichtigsten nachteiligen Auswirkungen (PAI) wesentlich und negativ sind.
- ESG-Rating – Fidelity bezieht sich auf ESG-Ratings, die wesentliche nachteilige Auswirkungenwie CO2-Emissionen, Mitarbeitersicherheit, Bestechung und Korruption sowie Wassermanagement berücksichtigen, und bei den von Staaten ausgegebenen Wertpapieren berücksichtigen die verwendeten Ratings wichtige nachteilige Auswirkungen (PAI) wie CO2-Emissionen, Sozialverstöße und die Meinungsfreiheit.
- Ausschlusskriterien – Bei Direktanlagen in Unternehmen als Emittenten wendet der Teilfonds die (unten definierten) Ausschlusskriterien an, um die wichtigsten nachteiligen Auswirkungen abzumildern. Dazu schließt er schädliche Sektoren aus und verbietet Investitionen in Emittenten, die gegen internationale Standards wie den UNGC verstoßen.
- Mitwirkung – Fidelity nutzt Mitwirkung als ein Instrument, um die wichtigsten nachteiligen Auswirkungen besser zu verstehen und sich unter bestimmten Umständen für die Abmilderung der wichtigsten nachteiligen Auswirkungen einzusetzen. Fidelity beteiligt sich an relevanten individuellen und kollaborativen Arten der Mitwirkung, die auf eine Reihe von wichtigen negativen Auswirkungen abzielen (z. B. Climate Action 100+, Investors Against Slavery and Trafficking APAC).
- Abstimmungsverhalten – Die Abstimmungspolitik von Fidelity umfasst bei Unternehmen als Emittenten explizite Mindeststandards für die Geschlechtervielfalt im Aufsichtsrat und die Auseinandersetzung mit dem Klimawandel. Fidelity kann auch auf eine Weise abstimmen, dass die wichtigsten nachteiligen Auswirkungen abgemildert werden.
- Vierteljährliche Überprüfungen – Überwachung der wichtigsten nachteiligen Auswirkungen (PAI) durch den vierteljährlichen Überprüfungsprozess des Teilfonds.

Wenn es um die Frage geht, ob Investitionen eine wesentliche nachteilige Auswirkung haben, berücksichtigt Fidelity für jeden Nachhaltigkeitsfaktor spezifische Indikatoren. Diese Indikatoren hängen von der Datenverfügbarkeit ab und können sich mit zunehmender Datenqualität und
-verfügbarkeit weiterentwickeln.
Informationen über die wichtigsten nachteiligen Auswirkungen werden im Jahresbericht des Teilfonds zur Verfügung gestellt.

###### Welche Anlagestrategie wird mit diesem Finanzprodukt verfolgt?
Die Anlagestrategie dient aIs Richtschnur für Investitionsentscheidun- gen, wobei bestimmte Kriterien wie beispielsweise Investitionsziele oder Risikotoleranz
berücksichtigt werden.
Der Teilfonds ist Teil der Familie der Nachhaltigkeitsfonds von Fidelity und verfolgt eine auf Nachhaltigkeit ausgerichtete Strategie, bei der mindestens 70% des Fondsvermögens in Wertpapiere mit guten ESG-Eigenschaften investiert werden.
Ob ESG-Eigenschaften eine gute Ausprägung haben, wird anhand von ESG-Ratings externer Agenturen und Fidelity ESG-Ratings ermittelt.
Emittenten, deren Rating sie für die Zwecke des Primärziels (mindestens 70% des Vermögens) als ungeeignet zur Einstufung als Unternehmen mit guten ESG-Eigenschaften erscheinen lässt, können im Umfang von bis zu 30% des Nettovermögens aufgenommen werden, sofern sie nachweisen können, dass sie sich hinsichtlich ihrer ESG-Eigenschaften auf dem Weg der Besserung befinden.
In Bezug auf seine Direktanlagen berücksichtigt der Teilfonds:
- eine unternehmensweite Ausschlussliste, die Streumunition und Antipersonenminen umfasst, und
- eine prinzipienbasierte Ausschlussrichtlinie, die Folgendes beinhaltet:
	- eine normenbasierte Filterung von Emittenten, die nach Auffassung des Investmentmanagers ihre Geschäfte nicht in Übereinstimmung mit internationalen Normen, darunter denen des UNGC, geführt haben; und
	- ein Filterkriterium, durch das bestimmte Sektoren, Emittenten oder Praktiken auf der Grundlage konkreter ESG-Kriterien ausgeschlossen werden können, wobei für diese Kriterien möglicherweise auch Umsatzschwellen angewendet werden.


Die oben genannten Ausschluss- und Filterkriterien (die „Ausschlusskriterien“) werden möglicherweise von Zeit zu Zeit aktualisiert. Weitere Informationen erhalten Sie auf der Website Sustainable investing framework (fidelityinternational.com).
Es steht zudem im Ermessen des Investmentmanagers, von Zeit zu Zeit erweiterte, strengere Nachhaltigkeitsanforderungen und Ausschlusskriterien anzuwenden.
Worin bestehen die verbindlichen Elemente der Anlagestrategie, die für die Auswahl der Investitionen zur Erfüllung der beworbenen ökologischen oder sozialen Ziele verwendet werden?
Der Teilfonds investiert mindestens 70% seines Vermögens in Emittenten mit guten ESG-Eigenschaften.
Darüber hinaus wird der Teilfonds die oben beschriebenen Ausschlusskriterien auf alle Direktanlagen bei Unternehmensemittenten anwenden.
Um welchen Mindestsatz wird der Umfang der vor der Anwendung dieser Anlagestrategie in Betracht gezogenen Investitionen reduziert?
Diese Frage ist hier nicht relevant.
Die Verfahrensweisen einer guten
Unternehmensführung umfassen solide Managementstrukturen, die Beziehungen zu den Arbeitnehmern, die Vergütung von Mitarbeitern sowie die Einhaltung der Steuervorschriften.
Wie werden die Verfahrensweisen einer guten Unternehmensführung der Unternehmen, in die investiert wird, bewertet?
Die Governance-Praktiken der Emittenten werden anhand von Fundamentalresearch bewertet, darunter im Rahmen der von externen Agenturen und Fidelity bereitgestellten ESG-Ratings.
Zu den wichtigsten der analysierten Fragen gehören die Erfolgsbilanz hinsichtlich: Kapitalallokation, finanzieller Transparenz, Transaktionen mit nahestehenden Unternehmen und Personen, Unabhängigkeit und Größe des Vorstands, Vergütung von Führungskräften, Wirtschaftsprüfung und interner Revision, Rechte der Minderheitsaktionäre und anderer Indikatoren. Für staatliche Emittenten werden Faktoren wie Korruption und Meinungsfreiheit einbezogen.
Die Vermögensallokation gibt den jeweiligen Anteil der Investitionen in bestimmte Vermögenswerte an.
Taxonomiekonforme Tätigkeiten, ausgedrückt durch den Anteil der:
- Umsatzerlöse, die den Anteil der Einnahmen aus umweltfreundlichenAktivitäten der Unternehmen, in die investiert wird, widerspiegeln
- Investitionsausgaben (CapEx), die die umweltfreundlichen Investitionen der Unternehmen, in die investiert wird, aufzeigen,z.B. für den Übergang zu einer grünen Wirtschaft- Betriebsausgaben (OpEx), die die umweltfreundlichenbetrieblichen Aktivitäten der Unternehmen, in die investiert wird, widerspiegelnWelche Vermögensallokation ist für dieses Finanzprodukt geplant? 

(#1 Ausgerichtet an E/S-Eigenschaften) Der Teilfonds investiert mindestens 70 seines Vermögens in Wertpapiere von Emittenten mit guten ESG-Eigenschaften.
Inwiefern werden durch den Einsatz von Derivaten die mit dem Finanzprodukt beworbenen ökologischen oder sozialen Merkmale erreicht?
Wenn das einem Derivat zugrunde liegende Wertpapier im Einklang mit dem System für nachhaltiges Investieren von Fidelity gute ESG-Eigenschaften aufweist, darf das Derivat zur Feststellung des Teilfondsanteils berücksichtigt werden, der Umwelt- oder Sozialeigenschaften fördert.
In welchem Mindestmaß sind nachhaltige Investitionen mit einem Umweltziel mit der EU-Taxonomie konform?
Der Teilfonds investiert mindestens 0% in nachhaltige Anlagen mit einem Umweltziel, die mit der EU-Taxonomie konform sind.
Die Konformität der Anlagen des Teilfonds mit der EU-Taxonomie wird nicht durch Wirtschaftsprüfer oder mittels einer Überprüfung durch Dritte sichergestellt.
Die Ausrichtung der zugrunde liegenden Anlagen des Teilfonds an der EU-Taxonomie wird anhand des Umsatzes gemessen.
Investiert das Finanzprodukt in Aktivitäten im Zusammenhang mit fossilem Gas und/oder Kernenergie, die der EU-Taxonomie¹ entsprechen?
Ja
Nein
In fossiles Gas	In Kernenergie
Wie hoch ist der Mindestanteil der Investitionen in Übergangstätigkeiten und ermöglichende Tätigkeiten?
Der Teilfonds investiert mindestens 0% in Übergangstätigkeiten und ermöglichende Tätigkeiten.
Wie hoch ist der Mindestanteil nachhaltiger Investitionen mit einem Umweltziel, die nicht mit der EU-Taxonomie konform sind?
Diese Frage ist hier nicht relevant, da der Teilfonds nicht beabsichtigt, nachhaltige Investitionen zu tätigen.
Wie hoch ist der Mindestanteil der sozial nachhaltigen Investitionen?
Diese Frage ist hier nicht relevant, da der Teilfonds nicht beabsichtigt, nachhaltige Investitionen zu tätigen.
Welche Investitionen fallen unter ,,#2 Andere Investitionen", welcher Anlagezweck wird mit ihnen verfolgt und gibt es einen ökologischen oder sozialen Mindestschutz?
Die verbleibenden Anlagen des Teilfonds können in Wertpapieren von Emittenten erfolgen, die nachweisen können, dass sie sich in Bezug auf ihre ESG-Eigenschaften auf einem Kurs der Verbesserung befinden, und für Liquiditätszwecke in liquiden Mitteln und liquiden Mitteln gleichstehenden Mitteln sowie in Derivaten, die als Anlagen und für ein effizientes Portfoliomanagement eingesetzt werden können.
Zur Gewährleistung eines Mindestmaßes an Umwelt- und Sozialabsicherungen wendet der Teilfonds die Ausschlusskriterien an.
¹ Tätigkeiten im Bereich fossiles Gas und/oder Kernenergie sind nur dann EU-taxonomiekonform, wenn sie zur Eindämmung des Klimawandels („Klimaschutz“) beitragen und kein Ziel der EU-Taxonomie erheblich beeinträchtigen – siehe Erläuterung am linken Rand. Die vollständigen Kriterien für EU-taxonomiekonforme Wirtschaftstätigkeiten im Bereich fossiles Gas und Kernenergie sind in der Delegierten Verordnung (EU) 2022/1214 der Kommission festgelegt.

###### Wurde ein Index als Referenzwert bestimmt, um festzustellen, ob dieses Finanzprodukt auf die beworbenen ökologischen und/oder sozialen Merkmale ausgerichtet ist?
Es wird kein bestimmter Index als Referenzbenchmark angegeben, um festzustellen, ob dieses Finanzprodukt zu den geförderten Umwelt- oder Sozialeigenschaften passt.
Bei den Referenzwerten handelt es sich um Indizes, mit denen gemessen wird, ob das Finanzprodukt die beworbenen ökologischen oder sozialen Merkmale erreicht.
Inwiefern ist der Referenzwert kontinuierlich auf die mit dem Finanzprodukt beworbenen ökologischen und sozialen Merkmale ausgerichtet?
Diese Frage ist hier nicht relevant.
Wie wird die kontinuierliche Ausrichtung der Anlagestrategie auf die Indexmethode sichergestellt?
Diese Frage ist hier nicht relevant.
Wie unterscheidet sich der bestimmte Index von einem relevanten breiten Marktindex?
Diese Frage ist hier nicht relevant.
Wo kann die Methode zur Berechnung des bestimmten Indexes eingesehen werden?
Diese Frage ist hier nicht relevant.

###### 	Wo kann ich im Internet weitere produktspezifische Informationen finden?
Weitere produktspezifische Informationen finden Sie auf der Website: https:/www.fidelity.lu/funds/factsheet/LU0261952922/tab-disclosure#SFDR-disclosure. 
Weitere Informationen zu den hier dargelegten Methoden finden Sie auf der Website: System fürnachhaltiges Investieren (fidelityinternational.com).
Fidelity, Fidelity International, das Logo und das Symbol von Fidelity International sind eingetragene Marken von FIL Limited
Fidelity Funds | Prospekt Dezember 2023