PDF《Changes to Fidelity Funds》

1 THIS DOCUMENT IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION.

IF IN DOUBT, PLEASE SEEK PROFESSIONAL ADVICE. Changes to Fidelity Funds Fidelity Funds - International Bond Fund name change and investment objective adaptation

26 May

2017 Dear Shareholder, As part of the ongoing process whereby Fidelity regularly reviews its range of funds to ensure that they are clearly labelled, I am writing to notify you of the decision taken by the board of directors of Fidelity Funds (the Board ) to change the name of Fidelity Funds - International Bond Fund (the Fund ) to Fidelity Funds - Global Bond Fund. As a consequence of this, we are also slightly adapting the investment objective to replace the words '

international markets'

by '

global markets'

. The Changes will take effect on

10 July

2017 or such later date as may be decided by the Board (the Effective Date ). Our records show that you are a shareholder in the Fund (the Shareholders or you ). For more information on the impacted classes of Shares and the corresponding ISIN Codes, please refer to the Appendix enclosed herein. Any terms not defined herein shall have the same meaning as in the Fidelity Prospectus for Hong Kong Investors (the Prospectus ). On the Effective Date the name and the investment objective of the Fund will be amended as follows (the Changes ): From: Fund Name Investment Objective Fidelity Funds - International Bond Fund Invests in international markets to maximise performance measured in US Dollars. The fund may invest its net assets directly in onshore China fixed income securities listed or traded on any Eligible Market in China. Fidelity Funds Société d'

Investissement à Capital Variable 2a, rue Albert Borschette, L-1246 B.P. 2174, L-1021 Luxembourg R.C.S. Luxembourg B34036 Tél: +352

250 404 (1) Fax: +352

26 38

39 38 Key Facts ? We are changing the name of Fidelity Funds - International Bond Fund to Fidelity Funds Global Bond Fund. As a result of this change the investment objective will also be amended. ? These changes do not affect the manner in which the Fund is managed. The risk profile of the Fund and the risk factors applicable to the Fund will remain unchanged. ? There will be no change to the level of fees that you currently pay. ? This letter is for information only and you do not need to take any action as these changes will automatically enter into effect on

10 July 2017.

2 To: Fung Name Investment Objective Fidelity Funds - Global Bond Fund Invests in global markets to maximise performance measured in US Dollars. The fund may invest its net assets directly in onshore China fixed income securities listed or traded on any Eligible Market in China. The Portfolio Information, the Notes section and the reference currency for the Fund remain unchanged - please refer to the Prospectus. Rationale for and Impact of the Changes The Changes are designed to align the Fund name and investment objective with the naming convention of other global fixed income funds in the Fidelity Funds range. It is important to stress that the Changes do not affect the manner in which the Fund is managed and that its current risk profile is not expected to change. The Board believes that the Changes are in the best interest of the Shareholders. There will be no change to the level of fees that you currently pay. Mailing charges associated with the Changes will be borne by FIL Fund Management Limited as the Investment Manager of Fidelity Funds. The Changes will be reflected in the next update to the Prospectus and the Product Key Facts Statement ( KFS ) of the Fund. The Board accepts full responsibility for the accuracy of the content of this letter and confirms, having made all reasonable enquiries, that to the best of its knowledge and belief there are no other facts the omission of which would make any statement herein misleading. This letter is for information purposes only and you do not need to take any action. I would like to thank you for your investment and I look forward to helping you with future requests. If you have any questions related to these Changes or if you would like to request for a copy of the Prospectus, the KFS of the Fund, the Articles of Incorporation, the latest audited annual report and accounts and unaudited semi-annual report and accounts of Fidelity Funds (which is also available at www.fidelity.com.hk*) or other material agreements relating to Fidelity Funds, please contact your usual Financial Adviser or the Fidelity Investor Hotline ^ at +852