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 - Sustainable Asia Equity Fund a sub-fund of Fidelity Funds A-ACC-Euro (ISIN: LU0261946445) This fund is managed by FIL Investment Management (Luxembourg) S.A. n The fund aims to provide long-term capital growth with the level of income expected to be low. n The fund will invest at least 70% in the shares of companies quoted on stock exchanges in Asia excluding Japan. n The fund adopts a Sustainable Focused strategy under which a minimum of 70% will be invested in shares of companies that maintain sustainable characteristics. n On an ongoing basis, the fund will consider a wide range of environmental and social characteristics such as climate change mitigation and adaptation, water and waste management, biodiversity, product safety, supply chain, health and safety and human rights. The fund seeks to promote these characteristics by adhering to the Fidelity Sustainable Family Framework. n The fund complies with a principle-based exclusion framework which includes norm-based and negative screening of sectors, companies, practices based on specific ESG criteria to be determined by the Investment Manager from time to time. In addition, the Investment Manager will exclude investment in issuers having exposure to thermal coal mining, coal-fired electric utilities and crude palm oil. n This region includes countries considered to be emerging markets. n The fund has the freedom to invest outside its principal geographies, market sectors, industries or asset classes. n The fund will invest less than 30% directly and/or indirectly in onshore China A and B Shares on an aggregated basis. n The fund may invest in assets directly or achieve exposure indirectly through other eligible means including derivatives. The fund 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 is actively managed. The Investment Manager will, when selecting investments for the fund and for the purposes of monitoring risk, reference MSCI AC Asia ex Japan Index (Net) (the ‘‘Index’’). The fund’s performance can be assessed against its Index. The Investment Manager has a wide range of discretion relative to the Index. While the fund will hold assets that are components of the Index, it may also invest in companies, countries or sectors that are not included in, and that have different weightings from, the Index in order to take advantage of investment opportunities. n Income earned by the fund is accumulated in the share price. n Shares can usually be bought and sold each business day of the fund.