||01/12/18 to 01/12/19
||01/12/19 to 01/12/20
||01/12/20 to 01/12/21
||01/12/21 to 01/12/22
||01/12/22 to 01/12/23
Please remember past performance is not a guide to future returns. Where no data is shown, figures are not available. This information is provided to help you choose your own investments, remember they can fall as well as rise in value so you may not get back the original amount invested.
View fund chart
Our view on this fund
features funds our analysts believe have the potential to outperform their peers over the long term.
If a fund is not on the Shortlist, this is not a recommendation to sell; however, if you are
thinking of adding to your investments, we believe the Wealth Shortlist is a good place to start.
View funds on the Wealth Shortlist »
The fund aims to achieve income and capital appreciation through investing primarily directly or indirectly in Emerging Market government and corporate bonds, including those denominated in local and globally traded major currencies (hard currencies) and nominal and inflation linked debt instruments. The fund may also achieve exposure to such investments or elements of their return through the use of financial derivative instruments. Investments will be made within, although will not be limited to, Latin America, Asia, Africa, Eastern Europe (including Russia) and the Middle East. The fund may invest its net assets directly in onshore China fixed income securities listed or traded on any Eligible Market in China.
A minimum of 50% of the funds net assets will be invested in securities deemed to maintain sustainable characteristics, as described in the section entitled 1.3.2(a) Fidelity Sustainable Investing Framework above.
The fund is actively managed and references a composite of 50% J.P. Morgan Government Bond Index - Emerging Markets Global Diversified; 25% J.P. Morgan Corporate Emerging Markets Bond Index - Broad Diversified; 25% J.P. Morgan Emerging Markets Bond Index - Global Diversified (the Index) for portfolio level risk measurement only as its global exposure is measured using the relative VaR approach. For the avoidance of doubt, the Investment Manager is not constrained by the Index and there are no restrictions on the extent to which the funds performance may deviate from that of the Index.
The funds exposure to Distressed Securities is limited to 10% of its assets.
Shareholders attention is drawn to the fact that the Index is not an index which integrates environmental and social considerations. Instead, the fund promotes environmental and social characteristics by adhering to the Fidelity Sustainable Investing Framework, as described above.