Category: SICAV

Key Investor Information This document provides you with key investor information about this fund. It is not marketing material. The information is required by law to help you understand the nature and the risks of investing in this fund. You are advised to read it so you can make an informed decision about whether to invest. Fidelity Funds - Pacific Fund a sub-fund of Fidelity Funds A-USD (ISIN: LU0049112450 / WKN: 973285) This fund is managed by FIL Investment Management (Luxembourg) S.A. n Aims to provide long-term capital growth with the level of income expected to be low. n At least 70% invested in the shares of companies in the Asia Pacific region, including, but not limited to, Japan, Australia, China, Hong Kong, India, Indonesia, Korea, Malaysia, New Zealand, Philippines, Singapore, Taiwan and Thailand. n Has the freedom to invest outside the fund's principal geographies, market sectors, industries or asset classes. n May invest in assets directly or achieve exposure indirectly through other eligible means including derivatives. Can use derivatives with the aim of risk or cost reduction or to generate additional capital or income, including for investment purposes, in line with the fund’s risk profile. n The fund has discretion in its choices of investments within its objectives and policies. n Income is reinvested in additional shares or paid to shareholders on request. n Shares can usually be bought and sold each business day of the fund. n This region includes countries considered to be emerging markets. n The fund is unconstrained in the amount it may invest in any single country in this region. n The fund may invest up to 10% of its net assets directly in China A and B Shares (with aggregate exposure including direct and indirect investments being less than 30% of its assets). Lower risk Higher risk Typically lower rewards Typically higher rewards 1 2 3 4 5 6 7 n The risk category was calculated using historical performance data. n The risk category may not be a reliable indication of the future risk profile of the fund, is not guaranteed and may change over time. n The lowest category does not mean a "risk free" investment. n The