Fidelity Special Values plc (FSV) Ordinary 5p

Fidelity Special Values PLC is a United Kingdom-based investment company. The Company’s objective is to achieve long-term capital growth primarily through investment in equities (and their related financial instruments) of United Kingdom companies. The Company seeks to meet its investment objective through investment in a diversified portfolio of securities and instruments issued by or related primarily to United Kingdom companies. The Company may invest up to 20% of the portfolio in listed companies on overseas exchanges to enhance shareholder returns. The Company invests in various sectors, including financials, industrials, health care, consumer staples, basic materials, energy, consumer discretionary, real estate, utilities, telecommunications and technology. FIL Investment Services (UK) Limited is the Company's alternative investment fund manager.

The Company seeks to meet its investment objective through investment in a diversified portfolio of securities and instruments issued by or related primarily to UK companies. The Company will have a blend of investments in larger, medium and smaller sized companies and be guided by a contrarian philosophy. The Company’s objective is to achieve long term capital growth primarily through investment in equities (and their related financial instruments) of UK companies which the Investment Manager believes to be undervalued or where the potential has not been recognised by the market.

• Ongoing charge0.70%
• Annual management charge -
• Performance feeNo

The management fee will be a single fee of 0.60% of net assets. Fees are payable quarterly in arrears. The agreement is terminable by either party on six months notice.