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The investment objective of the Fund is to provide investors with a total return, taking into account both capital and income returns, which reflects, before fees and expenses, the return of the Fidelity Global Quality Income Index. The Fund uses a passive investment management approach to track the Index as closely as possible and seeks to minimise tracking error. The Index is designed to reflect the performance of large- and mid-capitalisation dividend-paying stocks from Developed Markets that exhibit quality fundamental characteristics. It applies ESG screens and integrates ESG ratings into its construction, with at least 50% of constituents intended to maintain desirable ESG characteristics. The Index also screens constituents using fundamental measures and ESG exclusionary criteria based on norm-based screening and negative screening of certain sectors, companies or practices. The Fund may use derivatives for efficient portfolio management and currency hedging purposes. Income is reinvested in additional shares or paid to shareholders upon request.

The investment objective of the Fund is to provide investors with a total return, taking into account both capital and income returns, which reflects, before fees and expenses, the performance of the Fidelity Global Quality Income Index. The Fund uses a passive investment approach to track the Index as closely as possible, seeking to minimise the tracking error. The Index is designed to reflect the performance of stocks of large- and mid-capitalisation dividend-paying companies from Developed Markets that exhibit quality fundamental characteristics. It applies ESG screens and integrates ESG ratings into its construction methodology, with at least 50% of constituents expected to maintain desirable ESG characteristics. The Index also screens constituents using fundamental measures and ESG exclusionary criteria based on norm-based screening and negative screening of certain sectors, companies or practices. The Fund generally seeks to replicate the Index by holding its securities in similar proportions to their Index weightings, although it may use derivatives for efficient portfolio management and currency hedging purposes. Income is reinvested in additional shares or paid to shareholders on request.