We have been notified by Fidelity Funds ("Fidelity”) of changes to a number of its funds. These changes will take effect from 27 October 2025 (the “Effective Date”).
AVAILABLE IN OUR DEFINED FUND RANGE PRODUCTS
Click on the sliders below to see details of the changes, the Affected Funds, and the applicable product range.
Increase of Minimum Sustainable Investments
The minimum percentage of sustainable investments for the Fidelity Funds European High Yield fund will increase from 2.5% to 5%.
This will not impact the risk profile or investment management of the fund.
Fund Name and ISIN
Available in Product Range
Fidelity Funds European High Yield A Acc EUR - LU0251130802
Oracle Paragon Quantum (inc. Malaysia variant) Regular Savings Plan (inc. Malaysia variant) Kudos LifePlan Protected Lifestyle
Clarification regarding use of Derivatives
While the investment policy for the below Affected Funds does not currently use derivatives for investment purposes, the investment policy wording in the prospectus is being updated to make it explicitly clear. The wording will be amended:
From: “The fund may use derivatives for hedging, efficient portfolio management and investment purpose”
To: “The fund may use derivatives for hedging and for efficient portfolio management”.
Fund Name and ISIN
Available in Product Range
Fidelity Funds Asia Equity ESG A Acc USD - LU0261947096
Oracle Paragon Quantum (inc. Malaysia variant) Regular Savings Plan (inc. Malaysia variant) Kudos
Fidelity Funds Asia Equity ESG A Acc EUR - LU0261946445
Fidelity Funds Global Dividend A Acc USD - LU0772969993
Oracle Paragon Quantum (inc. Malaysia variant) Regular Savings Plan (inc. Malaysia variant) Kudos LifePlan Protected Lifestyle
Fidelity Funds Global Dividend A Acc EUR - LU1261431768
Fidelity Funds Global Dividend A Acc EUR hgd - LU0605515377
Reclassification of Article 6 to Article 8 of the
Sustainable Finance Disclosure Regulation
From the Effective Date, Fidelity Funds European Smaller Companies fund will be reclassifed as an Article 8 product within the meaning of the EU's Sustainable Finance Disclosure Regulation (“SFDR”) and in accordance with Fidelity’s Sustainable Investing Framework.
Article 8 funds are those that promote social and/or environmental characteristics, invest in companies that follow good governance, give binding commitments but do not have a sustainable investment objective.
The investment policy of the fund will be enhanced with additional disclosure relating to sustainable investing and the promotion of environmental and social characteristics. Further details can be found in the fund prospectus.
Fund Name and ISIN
Available in Product Range
Fidelity Funds European Smaller Companies A Inc EUR - LU0061175625
Preference Hong Kong Preference
Update and clarification to investment policies
Certain funds are registered in other jurisdictions and are subject to country-specific investment restrictions. These country-specific investment restrictions may change from time to time, and the investment policies of the below listed funds have been further clarified to reflect these changes.
The investment policy of Fidelity Funds China Consumer fund has been clarified to reflect that the fund may invest up to 40% of its assets directly and/or indirectly in onshore China A and B Shares
Fund Name and ISIN
Available in Product Range
Fidelity Funds China Consumer A Acc USD - LU0594300179
Oracle Paragon Quantum (inc. Malaysia variant) Regular Savings Plan (inc. Malaysia variant) Kudos
Fidelity Funds China Consumer A Acc EUR - LU0594300096
The investment policies of the following Affected Funds have been clarified to reflect that each may invest up to 20% of its assets directly and/or indirectly in China A and B Shares.
Fund Name and ISIN
Available in Product Range
Fidelity Funds Asia Equity ESG A Acc USD - LU0261947096
Oracle Paragon Quantum (inc. Malaysia variant) Regular Savings Plan (inc. Malaysia variant) Kudos
Fidelity Funds Asia Equity ESG A Acc EUR - LU0261946445
Fidelity Funds Asian Smaller Companies A Acc USD - LU0702159699
Fidelity Funds Asian Smaller Companies A Acc EUR - LU0702159772
Fidelity Funds Emerging Markets A Acc EUR - LU1048684796
Fidelity Funds Emerging Markets A Acc USD - LU0261950470
Fidelity Funds Asian Special Situations A Inc USD - LU0054237671
Preference Hong Kong Preference
Fidelity Funds Global Thematic Opps A Inc USD - LU0048584097
The investment policies of the following Affected Funds have been clarified to reflect that each may invest up to 20% of its assets directly and/or indirectly in onshore China fixed income securities.
Fund Name and ISIN
Available in Product Range
Fidelity Funds Asian High Yield A Acc EUR - LU0286668966
Oracle Paragon Quantum (inc. Malaysia variant) Regular Savings Plan (inc. Malaysia variant) Kudos LifePlan
Fidelity Funds Asian High Yield A Acc USD - LU0286668453
These changes will take effect automatically and policyholders do not need to take any action.
AVAILABLE IN OUR OPEN-ARCHITECTURE PRODUCTS
A number of Fidelity Funds which can be accessed through our portfolio bonds will also be subject to the changes detailed in the Fidelity notifications opposite.