fidelity funds performance - Chartbook.fid-intl.com

FIDELITY INTERNATIONALFidelity International (FIL Limited) was established in 1969 and provides asset management services to investors all over the world outside the US and Canada. Weoffer a wide range of investment funds and manage over US$ 246 billion for private individuals and institutions (data as per 31 December 2010). We are a stockpicking asset manager and our fund managers use analysis from our own award-winning in-house research teams to build international investment products andportfolios stock-by-stock from the bottom-up. The independence that Fidelity enjoys as a privately-owned company enables us to concentrate on developinginnovative products and providing the highest levels of customer service. Our success has been based on a number of key factors:INDEPENDENCEFidelity is a privately owned organisation and fund management is our main business. Thus we are entirely free from competing pressures such as market making,underwriting and corporate finance.GLOBAL RESOURCESOver the years, Fidelity has invested significantly to build an investment research capability which provides in-depth coverage of world markets. We believe that localnationals have an important advantage in interpreting events and trends in their own markets and we have selected analysts and portfolio managers with this in mind.Fidelity places great emphasis on the detailed analysis of companies. Our fund managers and analysts make thousands of company visits each year.EXPERTISE AND EXPERIENCEFidelity has achieved an exceptional record of management continuity by providing an environment in which individual initiative and creativity to flourish. Our portfoliomanagers are given individual responsibility for the portfolios they manage, together with the freedom to follow their own stock picking style.INVESTMENT PHILOSOPHYA consistent investment philosophy is the cornerstone of a successful performance record. We believe that careful stock selection rather than a sector driven approach,considerably enhances the opportunity of long-term capital gains for investors and provides the most appropriate basis to build long-term growth despite short-term marketvolatility.GENERAL INFORMATION FOR INVESTORSThis communication is not directed at, and must not be acted upon by persons inside the United Kingdom or the United States and is otherwise directed at persons residingin jurisdictions where the relevant funds are authorised for distribution or where no such authorisation is required. The chartbook contains information for Institutions andIndependent Financial Advisors and is not intended for distribution to the general public.Fidelity Funds and Fidelity Funds II are open-ended Luxembourg based investment companies. We recommend that you obtain detailed information before taking anyinvestment decision. Fidelity only offers information on its own products and services and does not provide investment advice based on individual circumstances.Investments should be made on the basis of the current prospectus and simplified prospectus, which is available along with the current annual and semi-annual reports freeof charge from our distributors, from our European Service Centre in Luxembourg (FIL (Luxembourg) S.A., 2a, rue Albert Borschette, BP 2174, L-1021 Luxembourg, Tel: +352250 4041), your financial advisor or from the branch of your bank. The custodian of the Funds is Brown Brothers Harriman (Luxembourg) S.C.A.PERFORMANCE CALCULATION: Performance calculated NAV to NAV, gross income reinvested, excluding initial charge. Past performance is not a reliable indicator offuture results. The value of investments and any income from them may go down as well as up and an investor may not get back the amount invested.COUNTRY SELECT FUNDS NOTE: In certain countries, and for certain types of investments, transaction costs are higher and liquidity is lower than elsewhere. There mayalso be limited opportunities to find alternative ways of managing cash flows especially where the focus of investment is on small and medium sized firms. For fundsspecializing in such countries and investment types, transactions, particularly those large in size, are likely to have a greater impact on the costs of running a fund than similartransactions in larger funds. Prospective investors should bear this in mind in selecting funds.Due to the lack of liquidity in many smaller stock markets, certain Country Select Funds may be volatile and redemption rights may be restricted in extreme circumstances.FIDELITY FUNDS – INDIA FOCUS FUND NOTE: The Fund will invest in Indian securities through a wholly owned Mauritian subsidiary, Fid Funds (Mauritius) Limited,whose sole object is to carry out investment activities on behalf of the Fund. FIL Investments International provides investment advisory and management services to FidFunds (Mauritius) Limited in relation to Indian securities. FIL Investments International has obtained approval from the Securities and Exchange Board of India and theReserve Bank of India to invest in India on its own behalf and on behalf of approved client accounts as a Foreign Institutional Investor ("FII") under Indian law. Fid Funds(Mauritius) Limited is registered as an FII sub-account of FIL Investments International’s FII license in order to be able to invest in Indian securities.For funds that invest in overseas markets, changes in currency exchange rates may affect the value of an investment. Foreign exchange transactions may be effected on anarms length basis by or through Fidelity companies from which a benefit may be derived by such companies.FIDELITY FUNDS – EURO STOXX 50 FUND NOTE: EURO STOXX 50 is a mark of STOXX LIMITED and has been licensed for certain purposes by Fidelity Funds.EURO STOXX 50 Index is owned by STOXX LIMITED. The name of the index is a service mark of STOXX LIMITED. and has been licensed for certain purposes by FidelityFunds. © 1998 by STOXX LIMITED. All rights reserved.ASSET ALLOCATION FUNDS NOTE: For the asset allocation funds, an annual asset allocation fee of up to 0.5% is levied, plus the investment management fee on theinvestments, ranging from 0.4% to 1.50% depending on the composition of the portfolio.BOND FUNDS NOTE: Due to the greater possibility of default an investment in a corporate bond is generally less secure than an investment in government bonds.Please note that not all the funds mentioned may be registered or authorised for public distribution in each jurisdiction. Fidelity is not generally permitted to acceptinvestment purchases from residents of countries where appropriate authorisations and registrations have not been obtained. In certain jurisdictions, investments may onlybe made through authorised intermediaries. For further information, please consult your usual Fidelity contact or the latest Prospectus. Reference in this document tospecific securities should not be construed as a recommendation to buy or sell these securities, but is included for the purposes of illustration only.SPECIFIC INFORMATION FOR INVESTORS IN SWITZERLANDThe legal representative for Fidelity Funds in Switzerland is BNP Paribas Securities Services, Paris, succursale de Zurich, Selnaustrasse 16, 8002 Zurich. Paying agent forSwitzerland is BNP Paribas Securities Services, Paris, succursale de Zurich, Selnaustrasse 16, 8002 Zurich.Data Source: © 2010 Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not becopied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or lossesarising from any use of this information.Copyright © 2010. Standard & Poor’s, a division of the The McGraw-Hill Companies, Limited. Reproduction or distribution of S&P Fund Management Ratings and S&P’strademarks, trade names, service marks or logos in any form is prohibited except with the prior written permission of S&P. S&P its affiliates and sources do not guarantee theaccuracy, completeness or availability of any information and are not responsible for any errors or omissions or for the results obtained from the use of such information. S&P,ITS AFFILIATES AND SOURCES GIVE NO EXPRESS OR IMPLIED WARRANTIES, INCLUDING, BUT NOT LIMITED TO, ANY WARRANTIES OF MERCHANTABILITY ORFITNESS FOR A PARTICULAR PURPOSE OR USE. In no event shall S&P, its affiliates or sources be liable for any indirect, special or consequential damages in connection withS&P Fund Management Ratings.Assets and resources as at 31 December 2010. Data is unaudited.Fidelity, Fidelity International and the Pyramid Logo are trademarks of FIL Limited.