Fidelity China Special Situations PLC (FCSS) Ordinary Shares 1p

Fidelity China Special Situations PLC is a United Kingdom-based closed-ended investment company. The Company’s investment objective is to achieve long-term capital growth from an actively managed portfolio made up primarily of securities issued by companies in China, both listed and unlisted, as well as Chinese companies listed elsewhere. The Company may also invest in companies with significant interests in China. The Company may invest through equities, index linked, equity linked and other debt securities, cash deposits, money market instruments, foreign currency exchange transactions, equity related securities, forward transactions and other interests including derivative instruments. Its interest in any single investment will not, on acquisition, exceed 15% of Net Assets plus Borrowings. FIL Investment Services (UK) Limited is the Company’s Alternative Investment Fund Manager. FIL Investment Management (Hong Kong) Limited is the Company’s investment manager.

The investment objective of the Company is to achieve long-term capital growth from an actively managed portfolio made up primarily of securities issued by companies listed in China and Chinese companies listed elsewhere. The Company may also invest in listed companies with significant interests in China.

• Ongoing charge0.89%
• Annual management charge -
• Performance feeYes

The Board agreed a revised fee with the Manager, FIL Investment Services UK Limited, with effect from 1 July 2023. The revised fee will be 0.85% reduced from 0.90% on the first 1.5 billion of net assets. It will remain at 0.65% on net assets over 1.5 billion. The variable element of the fee of /-0.20% remains unchanged