Semi-Annual Report and Accounts - chartbook.fid-intl.com

Fidelity
Funds
International Bond Fund - continued
Schedule of Investments as at 31 October 2012
Country Ccy Shares or Market % Net
Code Nominal Value Assets
USD
Albea Beauty Holdings 8.75% 01/11/2019 Reg S LU EUR 1,481 1,978 0.00
Seat Pagine Gialle IT EUR 147,743 1,495 0.00
Codere Fin. Lux. 8.25% 15/06/2015 Reg S (Guaranteed) LU EUR 1,373 1,457 0.00
Verisure Holding 8.75% 01/12/2018 Reg S SE EUR 723 895 0.00
Technicolor 5.75% (Perpetual) (Defaulted)* FR EUR 2,746 0 0.00
Truvo Subsidiary 8.50% 01/12/2014 Reg S (Defaulted)* US EUR 2,457 0 0.00
Waterford Wedg. 9.875% 01/12/2010 Reg S (Defaulted)* IE EUR 1,677 0 0.00
8,477,578 1.67
Consumer Staples
Anheuser-Busch InBev 2.875% 25/09/2024 EMTN BE EUR 1,571,553 2,093,960 0.41
Wal-Mart Stores 5.625% 15/04/2041 US USD 1,004,048 1,348,519 0.27
Coca-Cola 3.30% 01/09/2021 US USD 654,814 727,846 0.14
Procter & Gamble 2.00% 16/08/2022 Reg S US EUR 523,851 674,452 0.13
Procter & Gamble 1.45% 15/08/2016 US USD 611,160 628,139 0.12
Altria Group 9.25% 06/08/2019 US USD 443,527 625,232 0.12
Reynolds American 1.05% 30/10/2015 US USD 436,543 437,493 0.09
Philip Morris International 2.875% 30/05/2024 US EUR 261,926 350,073 0.07
Philip Morris International 2.125% 30/05/2019 US EUR 130,963 174,930 0.03
Bakkavor Finance 2 8.25% 15/02/2018 Reg S GB GBP 7,606 11,842 0.00
Agrokor DD 9.125% 01/02/2020 Reg S HR EUR 7,226 9,692 0.00
Co-Operative Group 5.625% 08/07/2020 GB GBP 4,986 8,268 0.00
Agrokor DD 9.875% 01/05/2019 Reg S HR EUR 5,275 7,287 0.00
Suedzucker Int’l Finance 5.25% VRN (Perpetual) NL EUR 3,396 4,573 0.00
Co-Operative Group 6.25% 08/07/2026 GB GBP 723 1,202 0.00
7,103,508 1.40
Healthcare
Unitedhealth Group 2.75% 15/02/2023 US USD 349,234 357,307 0.07
Eurofins Scientific 8.081% VRN (Perpetual) LU EUR 12,285 16,365 0.00
Labco 8.50% 15/01/2018 Reg S FR EUR 6,305 8,179 0.00
Care UK Health & Social Care 9.75% 01/08/2017 Reg S GB GBP 3,613 6,372 0.00
388,223 0.08
Telecommunication Services
Telefonica Emisiones 5.597% 12/03/2020 EMTN ES GBP 2,619,256 4,295,019 0.85
Qwest 6.75% 01/12/2021 US USD 1,484,245 1,756,222 0.35
Verizon Communications 5.85% 15/09/2035 US USD 1,091,356 1,412,751 0.28
America Movil 5.00% 30/03/2020 MX USD 960,394 1,134,078 0.22
AT&T 5.875% 28/04/2017 US GBP 567,505 1,075,719 0.21
Elisa 2.25% 04/10/2019 EMTN FI EUR 698,468 912,299 0.18
Telefonica Emisiones 5.811% 05/09/2017 EMTN ES EUR 611,160 870,167 0.17
AT&T 4.875% 01/06/2044 US GBP 480,197 835,640 0.17
America Movil 3.00% 12/07/2021 MX EUR 611,160 818,094 0.16
Telefonica Emisiones 4.71% 20/01/2020 EMTN ES EUR 523,851 690,980 0.14
AT&T 6.80% 15/05/2036 US USD 480,197 663,398 0.13
AT&T 5.55% 15/08/2041 US USD 523,851 662,047 0.13
Verizon Communications 4.75% 01/11/2041 US USD 436,543 511,204 0.10
Telefonica Emisiones 5.888% 31/01/2014 EMTN ES GBP 174,617 291,846 0.06
British Telecom 9.625% 15/12/2030 GB USD 43,654 71,803 0.01
Wind Acquisition Finance 7.375% 15/02/2018 Reg S B LU EUR 28,472 35,916 0.01
VIP Finance (VimpelCom) 7.748% 02/02/2021 Reg S IE USD 19,583 21,511 0.00
Eileme 2 AB 11.75% 31/01/2020 Reg S SE EUR 9,394 13,752 0.00
Wind Acquisition Finance 7.375% 15/02/2018 Reg S A LU EUR 10,514 13,033 0.00
Virgin Media Finance 8.875% 15/10/2019 GB GBP 6,721 12,515 0.00
VIP Finance (VimpelCom) 9.125% 30/04/2018 Reg S IE USD 7,082 8,329 0.00
VimpelCom Holdings 7.504% 01/03/2022 Reg S NL USD 6,793 7,335 0.00
Telenet Finance Luxembourg 6.375% 15/11/2020 Reg S LU EUR 4,986 6,733 0.00
Portugal Telecom Int’l Finance 5.875% 17/04/2018 EMTN NL EUR 5,058 6,567 0.00
Sunrise Communications 5.625% 31/12/2017 Reg S LU CHF 5,528 6,132 0.00
VimpelCom Holdings 6.255% 01/03/2017 Reg S NL USD 4,842 5,076 0.00
Portugal Telecom Int’l Finance 4.50% 16/06/2025 EMTN NL EUR 4,249 4,761 0.00
Telenet Finance V 6.75% 15/08/2024 Reg S LU EUR 2,746 3,694 0.00
MTS Internation Funding 8.625% 22/06/2020 144A IE USD 2,739 3,397 0.00
Portugal Telecom Int’l Finance 5.00% 04/11/2019 EMTN NL EUR 2,710 3,387 0.00
Frontier Communications 7.125% 15/01/2023 US USD 3,162 3,373 0.00
Matterhorn Mobile 5.421% FRN 15/05/2019 Reg S LU CHF 2,818 3,073 0.00
VIP Finance (VimpelCom) 6.493% 02/02/2016 Reg S IE USD 2,746 2,937 0.00
MTS Internation Funding 8.625% 22/06/2020 Reg S IE USD 2,240 2,774 0.00
Sunrise Communications I 7.00% 31/12/2017 CHF Reg S LU CHF 2,168 2,507 0.00
Telenet Finance V 6.25% 15/08/2022 Reg S LU EUR 1,807 2,424 0.00
Portugal Telecom Int’l Finance 5.625% 08/02/2016 EMTN NL EUR 1,012 1,354 0.00
Sunrise Communications I 7.00% 31/12/2017 EUR Reg S LU EUR 795 1,110 0.00
OTE 7.25% 12/02/2015 EMTN GB EUR 723 825 0.00
KPNQwest 7.125% 01/06/2009 (Defaulted)* NL EUR 668 0 0.00
16,173,782 3.20
Financials
Imperial Tobacco Finance 7.75% 24/06/2019 EMTN GB GBP 1,658,862 3,444,073 0.68
FMS Wertmanagement 1.00% 18/07/2017 EMTN DE EUR 2,095,404 2,731,800 0.54
Bank of America 1.50% 09/10/2015 US USD 2,575,601 2,578,357 0.51
Santander International Debt 4.625% 21/03/2016 EMTN ES EUR 1,658,862 2,199,908 0.43
Abbey National Treasury Serv. 5.25% 16/02/2029 EMTN GB GBP 1,135,011 2,196,070 0.43
JPMorgan Chase & Co 6.00% 15/01/2018 US USD 1,833,479 2,185,444 0.43
European Investment Bank 1.75% 15/03/2017 99 USD 2,008,096 2,084,906 0.41
RBS 5.75% 21/05/2014 EMTN GB EUR 1,353,282 1,880,517 0.37
264
Country Ccy Shares or Market % Net
Code Nominal Value Assets
USD
Bank of America 5.125% 26/09/2014 EMTN US EUR 1,265,974 1,759,022 0.35
Barclays Bank 4.25% 12/01/2022 EMTN GB GBP 960,394 1,743,658 0.34
Barclays Bank 6.75% VRN 16/01/2023 EMTN GB GBP 1,004,048 1,686,346 0.33
RBS 5.125% 13/01/2024 GB GBP 873,085 1,679,030 0.33
ING Verzekeringen 2.088% VRN 21/06/2021 NL EUR 1,320,467 1,668,821 0.33
Eksportfinans 2.00% 15/09/2015 NO USD 1,715,372 1,638,630 0.32
Societe Generale SCF 4.00% 07/07/2016 EMTN FR EUR 1,135,011 1,636,021 0.32
GE Capital UK Funding 4.375% 31/07/2019 EMTN IE GBP 916,739 1,609,492 0.32
Linde Finance 3.875% 01/06/2021 EMTN NL EUR 1,047,702 1,564,153 0.31
Citigroup 4.25% VRN 25/02/2030 EMTN US EUR 1,353,282 1,503,070 0.30
Co-Operative Bank (UK) 2.375% 23/10/2015 EMTN GB EUR 1,135,011 1,467,814 0.29
UBS Stamford 7.625% 17/08/2022 CH USD 1,360,508 1,467,563 0.29
Severn Trent Water Utilities Fin. 6.25% 07/06/2029 GB GBP 698,468 1,461,678 0.29
JPMorgan Chase & Co 2.00% 15/08/2017 US USD 1,440,591 1,458,267 0.29
Axa 5.25% VRN 16/04/2040 EMTN FR EUR 1,135,011 1,420,484 0.28
Wells Fargo & Co 2.625% 16/08/2022 EMTN US EUR 1,047,702 1,381,649 0.27
SB Capital (SberBank of Russia) 5.125% 29/10/2022 Reg S LU USD 1,353,282 1,361,153 0.27
Santander Issuances 7.30% VRN 27/07/2019 ES GBP 875,145 1,360,946 0.27
Credit Suisse New York 5.00% 15/05/2013 MTN CH USD 1,222,319 1,252,266 0.25
Abbey National Treasury Serv. 5.125% 14/04/2021 EMTN GB GBP 654,814 1,236,938 0.24
BP Capital Markets 3.83% 06/10/2017 EMTN GB EUR 829,431 1,207,210 0.24
Korea Eximbank 5.875% 14/01/2015 KR USD 1,091,356 1,197,412 0.24
Tesco Property Finance 2 6.052% 13/10/2039 GB GBP 631,155 1,187,645 0.23
Westfield UK & Europe Fin. 4.25% 11/07/2022 EMTN GB GBP 698,468 1,181,369 0.23
HSBC Holdings 6.50% 20/05/2024 EMTN GB GBP 567,505 1,179,685 0.23
Citigroup 3.625% VRN 30/11/2017 EMTN US EUR 960,394 1,161,053 0.23
John Deere Capital 2.80% 27/01/2023 US USD 1,091,356 1,134,785 0.22
Abbey National Treasury Serv. 3.625% 08/09/2016 EMTN GB EUR 785,777 1,115,161 0.22
Westpac Banking 4.875% 19/11/2019 AU USD 960,394 1,113,030 0.22
BBVA US Senior Uniper 4.664% 09/10/2015 ES USD 1,091,356 1,102,037 0.22
Bankia 5.75% 29/06/2016 EMTN ES EUR 873,085 1,097,693 0.22
Gatwick Funding Limited 5.75% 23/01/2037 EMTN GB GBP 611,160 1,097,212 0.22
BNP Paribas 2.50% 23/08/2019 EMTN FR EUR 829,431 1,090,282 0.22
Sumitomo Mitsui Banking 4.85% 01/03/2022 JP USD 960,394 1,085,965 0.21
Wellcome Trust Finance 4.75% 28/05/2021 GB GBP 567,505 1,080,101 0.21
American International Group 6.797% 15/11/2017 US EUR 654,814 1,012,826 0.20
Marsh & McLennan 4.80% 15/07/2021 US USD 873,085 996,710 0.20
JPMorgan Chase & Co 2.75% 24/08/2022 EMTN US EUR 742,122 979,685 0.19
American Tower 4.70% 15/03/2022 US USD 873,085 963,704 0.19
Citigroup 4.587% 15/12/2015 US USD 873,085 952,439 0.19
ORIX 5.00% 12/01/2016 JP USD 829,431 896,612 0.18
National Agricultural 4.25% 28/01/2016 Reg S KR USD 829,431 889,912 0.18
Motability Operations Group 3.75% 29/11/2017 EMTN GB EUR 611,160 876,065 0.17
UniCredit 6.95% 31/10/2022 Reg S IT EUR 658,969 861,229 0.17
Bank of Ireland 4.00% 28/01/2015 EMTN IE EUR 654,814 853,700 0.17
Deutsche Postbank 3.75% 12/02/2014 EMTN DE EUR 611,160 828,713 0.16
American International Group 6.765% 15/11/2017 US GBP 436,543 827,294 0.16
Intesa Sanpaolo 4.875% 10/07/2015 EMTN IT EUR 611,160 823,272 0.16
Mondi Finance 3.375% 28/09/2020 EMTN GB EUR 611,160 802,174 0.16
Experian Finance 4.75% 23/11/2018 EMTN GB GBP 436,543 794,892 0.16
Wharf Finance 4.625% 08/02/2017 EMTN HK USD 698,468 751,782 0.15
CMT MTN 3.731% 21/03/2018 EMTN SG USD 698,468 741,223 0.15
Barclays Bank 6.00% 14/01/2021 EMTN GB EUR 523,851 717,990 0.14
Legal & General Group 4.00% VRN 08/06/2025 EMTN GB EUR 567,505 713,524 0.14
RBS 9.50% VRN 16/03/2022 EMTN GB USD 550,014 631,942 0.12
Barclays Bank 4.875% VRN (Perpetual) EMTN GB EUR 703,021 620,217 0.12
Korea Eximbank 5.00% 11/04/2022 KR USD 523,851 615,623 0.12
Intesa Sanpaolo 6.375% VRN 12/11/2017 EMTN IT GBP 392,888 612,906 0.12
Bishopsgate Asset Finance 4.808% 14/08/2044 KY GBP 376,819 602,120 0.12
UBS London 6.625% 11/04/2018 EMTN CH GBP 305,580 601,336 0.12
HSBC France 4.875% 15/01/2014 EMTN FR EUR 436,543 595,520 0.12
Banco Do Brasil (Cayman) 3.875% 10/10/2022 BR USD 567,505 567,186 0.11
UPCB Finance 7.625% 15/01/2020 Reg S KY EUR 398,091 562,585 0.11
National Agricultural 5.00% 30/09/2014 Reg S KR USD 523,851 559,151 0.11
Credit Logement 1.402% VRN (Perpetual) FR EUR 785,777 549,042 0.11
General Electric Capital 4.65% 17/10/2021 MTN US USD 480,197 544,890 0.11
BAT Int’l Finance 8.125% 15/11/2013 Reg S GB USD 480,197 513,547 0.10
Toronto-Dominion Bank 2.375% 19/10/2016 CA USD 480,197 505,430 0.10
Ventas Realty 4.25% 01/03/2022 US USD 458,370 491,352 0.10
Lloyds TSB Bank 10.75% VRN 16/12/2021 EMTN GB GBP 261,926 489,618 0.10
UBI Banca 4.50% 22/02/2016 EMTN IT EUR 349,234 478,093 0.09
Direct Line Insurance Group 9.25% VRN 27/04/2042 GB GBP 263,551 472,298 0.09
Eurasian Development Bank 4.767% 20/09/2022 Reg S 99 USD 392,888 403,488 0.08
Citigroup 4.50% 14/01/2022 US USD 305,580 338,439 0.07
Development Bank of Japan 1.60% 20/06/2014 JP JPY 26,192,555 336,018 0.07
BAT Int’l Finance 7.25% 12/03/2024 EMTN GB GBP 130,963 283,967 0.06
Barclays Bank 2.062% FRN (Perpetual) GB GBP 220,439 184,901 0.04
Glencore Funding 6.00% 15/04/2014 Reg S US USD 152,790 163,003 0.03
Credit Logement 0.852% FRN (Perpetual) FR EUR 98,421 78,728 0.02
Imperial Tobacco Finance 7.25% 15/09/2014 EMTN GB EUR 43,654 63,156 0.01
Unitymedia Hessen 8.125% 01/12/2017 Reg S DE EUR 15,345 21,504 0.00
JPMorgan Structured Prod 4.889% FRN 18/02/2014 EMTN NL USD 17,403 16,196 0.00
ABN Amro Bank 4.31% VRN (Perpetual) NL EUR 16,289 15,909 0.00
Wind Acquisition Holdings Fin. 12.25% 15/07/2017 Reg S LU EUR 13,475 14,960 0.00
Crown Newco 3 7.00% 15/02/2018 Reg S GB GBP 8,310 14,257 0.00
Fortis Bank 4.625% VRN (Perpetual) Reg S BE EUR 12,285 13,268 0.00
Smurfit Kappa Acquisitions 7.75% 15/11/2019 Reg S IE EUR 8,708 12,485 0.00
HBOS 4.50% VRN 18/03/2030 EMTN GB EUR 11,974 12,284 0.00
Alfa Bank (Alfa Bond) 7.875% 25/09/2017 Reg S IE USD 9,539 10,457 0.00