Fidelity Funds - Structured Credit Income Fund Y-QDIST(G)-Euro/  LU2608816042  /

The fund aims to achieve capital growth over the medium to longer term and provide income. The fund invests at least 70% of its assets, in fixed and floating rate securitised investments issued by government, quasi-government, and corporate issuers from anywhere in the world, including emerging markets. Fixed and floating rate securitized investments may include, but are not limited to, asset-backed securities (ABS), collateralised loan obligations (CLOs), commercial mortgage-backed securities (CMBS), residential mortgage-backed securities (RMBS), as well as securitisations of other receivables and investment grade and below investment grade debt securities. Underlying assets of the asset-backed securities may include credit card receivables, consumer loans, small-to-medium business loans and commercial and residential real estate mortgage loans. To achieve its investment goals, for treasury purposes or in the event of unfavorable market conditions, the fund may also invest in money market instruments and term deposits.

The fund aims to achieve capital growth over the medium to longer term and provide income.