ret.en.gb.20250228.IE0005E8N9I1.pdf/785717Fidelity Global Corp Bond Research Enhanced PAB UCITS ETF Income USD (Hedged) Shares 28.02.2025 Monthly Factsheet Marketing Communication Product Features Objectives & Investment Policy • An actively managed strategy that uses Fidelity sustainable and fundamental research The investment objective of the Sub-Fund is to align with the Paris Agreement long-term and references a Paris-aligned benchmark as part of its investment process. global warming objectives by restricting the carbon emission exposure of its portfolio • The Investment Manager applies ESG screens as part of its methodology. and to achieve income and capital growth. • Provides an exposure generally representative of the Paris-aligned benchmark.Past performance is not a guide to future performance and should not be the sole Fund facts factor of consideration when selecting a product. Returns may increase or decreaseas a result of currency fluctuations. Performance data is based on the net asset value Fund Asset Class: Bonds (Fixed Income) (NAV) of the ETF with income reinvested, net of fees, which may not be the same as Primary Ticker:FSMUthe market price of the ETF. Brokerage or transaction fees will apply. Data shown does Solactive Paris Aligned Global not take into account any Initial Charge that may apply. Individual shareholders may Index Name: Corporate USD Index realise returns that are different to the NAV performance Fund Management Approach: Active Fund Base Currency: USD Performance for 12 month periods in USD (%) Share Class Base Currency: USD Share Class Inception: 24.10.22Feb2015 201620172018201920202021202220232024 ISIN: IE0005E8N9I1 Feb2016 201720182019202020212022202320242025 Share Class Ongoing Charges: 0.30% Fund - - - - - - - - 6.8 7.0 Fund domicile: Ireland Index - - - - - - - - 7.1 5.4 Fund Net Assets (m): USD 692.3492 Share Class Net Assets (m):USD 14.6931 Share Class Shares Outstanding: 2,714,437Performance for calendar years in USD (%) Distribution Yield: 5.05 Distribution type: Income2015 201620172018201920202021202220232024 Fund legal structure: ICAV Fund - - - - - - - - 9.2 3.3 Number of Holdings: 247 Index - - - - - - - - 9.7 1.2 Number of Issuers: 151 SFDR Classification:9 Fund UCITS Compliant: Yes Cumulative performance in USD (rebased to 100) UCITS Eligible: Yes FIL Investment Management 124 Fund Management Company:(Luxembourg) S.A. Brown Brothers Harriman Trustee120 Fund Custodian: Services (Ireland) Limited Brown Brothers Harriman Fund 116 Fund Administrator & Transfer Agent: Administration Services As standard, Fidelity aims to meet all applicable tax reporting requirements for all of112 the Fidelity ETFs. Applications are made throughout the year depending on the time scale required by each applicable local tax authority of the relevant country that the 108 fund is registered in.104 Dealing Information Trading100 Exchange Ticker Bloomberg SEDOL Currency .22 .22 .22 .22 .23 .23 .23 .23 .23 .23 .23 .23 .23 .23 .23 .23 .24 .24 .24 .24 .24 .24 .24 .24 .24 .24 .24 .24 .25 .25 10 10 11 12 01 02 03 04 05 06 07 08 09 10 11 12 01 02 03 04 05 06 07 08 09 10 11 12 01 02 London Stock Exchange USDFSMU FSMU LN BMCN3W3 SIX USDFSMU FSMU SE BMCN4L9 ■ Fund ■ Index Index Description Source of fund performance and volatility and risk measures is Fidelity. Performance isexcluding initial charge. The Index aims to track the performance of global investment grade corporate bonds denominated in Euro, British Pound and US Dollar. The Index provides exposure to a portfolio, which is based on ISS ESG climate analysis and is in line with 1.5°C scenario Share Class Risk and Reward Profile through 2050. Lower riskHigher risk Index Information Index ProviderSOLACTIVE1 23 4 56 7 Calculation Agent SOLACTIVE Rebalance Frequency Monthly Index Ticker SOLGUPAB Index For full risk details please consult the KID. Important Information The value of your investment may fall as well as rise and you may get back less than you originally invested. This fund invests in overseas markets and so the value of investments can be affected by changes in currency exchange rates. There is a risk that the issuers of bonds may not be able to repay the money they have borrowed or make interest payments. When interest rates rise, bonds may fall in value. Rising interest rates may cause the value of your investment to fall. Currency hedging is used to substantially reduce the risk of losses from unfavourable exchange rate movements on holdings in currencies that differ from the dealing currency. Hedging also has the effect of limiting the potential for currency gains to be made. The fund promotes environmental and/or social characteristics. The Investment Manager’s focus on securities of issuers which maintain sustainable characteristics may affect the fund’s investment performance unfavourably in comparison to similar funds without such focus. The sustainable characteristics of securities may change over time. When referring to sustainability-related aspects of the promoted fund, the decision to invest should take into account all characteristics or objectives of the promoted fund as detailed in the Prospectus. Information on sustainability-related aspects is provided pursuant to SFDR at https://www.fidelity.lu/sfdr. Please refer to the Prospectus and KIID of the fund before making any final investment decisions. ret.en.gb.20250228.IE0005E8N9I1.pdf/785717Fidelity Global Corp Bond Research Enhanced PAB UCITS ETF Income USD (Hedged) Shares 28.02.2025 Monthly Factsheet Top 10 Holdings (%)Portfolio Characteristics Security Names FundIndex Relative Fund VISA INC 2.7% 04/15/401.1 0.1 1.0 Average Maturity (years) 10.1 MSTDW 3.591%/VAR 07/22/28 1.0 0.1 1.0 Average Coupon (%)3.8 JPMC CO 5.717%/VAR 09/14/33 1.0 0.0 1.0 Yield to Maturity (%) 4.9 ALIBABA GROUP H 2.7% 02/09/41 1.0 0.0 1.0 Effective Duration6.3 NTRUSTCORP 1.95% 05/01/30 1.0 0.0 1.0 Average Credit Rating (Exponential) BBB+ HSBC 8.201%/VAR 11/16/34 RGS 1.0 0.0 1.0 Average Credit Rating (Linear) A- MSTDW 1.102%/VAR 04/29/33 1.0 0.0 1.0 Definitions of these characteristics can be found in the Glossary section of this COMERICA 5.982%/VAR 01/30/30 1.0 0.0 1.0 factsheet. BANCOSAN 5.75%/VAR 8/23/33 RGS1.0 0.0 1.0 DHL GROUP 3.5% 03/25/36 RGS 1.0 0.0 1.0 Sector Exposure (%)Geographic Exposure (%) Fund Index Relative Fund Index Relative ■ Banks & Brokers 28.45 25.003.45 ■ United States 62.22 60.431.78 ■ Consumer Non Cyclical13.28 17.03 -3.75 ■ United Kingdom 7.43 8.57 -1.14 ■ Technology 11.98 10.471.51 ■ France 6.99 5.371.63 ■ Communications7.37 11.45 -4.08 ■ Germany5.67 4.411.26 ■ Insurance 5.975.530.44 ■ Spain 1.82 2.06 -0.24 ■ Property 5.096.47 -1.38 ■ Austria1.81 0.361.45 ■ Consumer Cyclical 5.044.200.84 ■ Canada 1.73 1.83 -0.09 ■ Quasi / Sov / Supra /■ China 1.62 1.140.49 4.643.15 1.49 Agncy ■ Belgium1.52 1.89 -0.38 ■ Capital Goods 4.572.76 1.81■ Sweden 1.38 1.51 -0.13 ■ Utility 4.136.29 -2.16■ Others 7.56 12.43 -4.87 ■ Others9.237.65 1.58 Figures may not always sum to totals due to rounding. Glossary Average Maturity (Years): The market-weighted average maturity of bonds held in the portfolio. Perpetual bonds are assigned a maturity of 31 December 2049. Derivatives are excluded from the calculation. Average Coupon (%): The coupon is the interest rate stated on a bond when it is issued. Average Coupon is the weighted average coupon of bonds held in the portfolio. Derivatives are excluded from the calculation. Yield to Maturity (%): The Yield to Maturity (also known as the Redemption Yield) is the aggregate of all anticipated returns on each individual bond within the portfolio expressed as an annual rate based on market value as at date shown, coupon rate and time to maturity of each bond. It is based on a snapshot of the portfolio on that date. The redemption yield is gross of the fund’s charges and gross of tax. Effective Duration: Duration is a measure of sensitivity of the fund value to changes in interest rates. Effective duration is a duration calculation for bonds with embedded options (such as a call or a put option). It takes into account that expected cash flows will fluctuate as interest rates change and affect a bond’s price. The effective duration of a fund is calculated by a market weighted sum of the effective duration of each individual instrument. The effect of derivatives such as bond futures and interest rate swaps are included in the calculation. Average Credit Rating: This is the weighted average of all the bond credit ratings in the fund, expressed using the industry standard letter system (ie AAA, BBB). It takes into account all investments in the fund, including derivatives. This measure gives an idea of how risky the fund’s bonds are overall: the lower the average credit rating, the riskier the fund. With a Linear weighted average, the weight assigned to each issue is equal to its market value weight. With an Exponential weighted average, the weight gets proportionally higher for lower- quality credit. In both calculations, the final value is the S&P-equivalent rating nearest to the calculated average Ongoing charges: The ongoing charges figure represents the charges taken from the fund over a year. It is calculated at the fund's financial year end and may vary from year to year. For classes of funds with fixed ongoing charges, this may not vary from year to year. For new classes of funds or classes undergoing corporate actions (eg amendment to annual management charge), the ongoing charges figure is estimated until the criteria are met for an actual ongoing charges figure to be published. The types of charges included in the ongoing charges figure are management fees, administration fees, custodian and depositary fees and transaction charges, shareholder reporting costs, regulatory registration fees, Directors fees (where applicable) and bank charges. It excludes: performance fees (where applicable); portfolio transaction costs, except in the case of an entry/exit charge paid by the fund when buying or selling units in another collective investment undertaking. For more information about charges (including details of the fund's financial year end), please consult the charges section in the most recent Prospectus. SFDR Classification: Shows the latest classification given to each fund as part of the EU Sustainable Finance Disclosure Regulation (SFDR). Article 9 funds have sustainable investment as their objective and promote environmental or social characteristics. Article 9(3) funds have a reduction in carbon emissions as their objective. Article 8 funds promotes environmental or social characteristics, but do not have a sustainable investment objective. Article 6 funds integrate sustainability risks (unless specified otherwise in the prospectus) into investment analysis and decision-making, without the funds promoting environmental or social characteristics or having sustainable investments as their objective.2 ret.en.gb.20250228.IE0005E8N9I1.pdf/785717Fidelity Global Corp Bond Research Enhanced PAB UCITS ETF Income USD (Hedged) Shares 28.02.2025 Monthly Factsheet Important Information This is a marketing communication. This information must not be reproduced or circulated without prior permission. Fidelity only offers information on products and services and does not provide investment advice based on individual circumstances, other than when specifically stipulated by an appropriately authorised firm, in a formal communication with the client. Fidelity International refers to the group of companies which form the global investment management organisation that provides information on products and services in designated jurisdictions outside of North America. This communication is not directed at, and must not be acted upon by persons inside the United States and is otherwise only directed at persons residing in jurisdictions where the relevant funds are authorised for distribution or where no such authorisation is required. Unless otherwise stated all products and services are provided by Fidelity International, and all views expressed are those of Fidelity International. Fidelity, Fidelity International, the Fidelity International logo and F symbol are registered trademarks of FIL Limited. FIL Limited assets and resources as at 28/02/2023 - data is unaudited. Research professionals include both analysts and associates. Fidelity UCITS II ICAV is registered in Ireland pursuant to the Irish Collective Asset-management Vehicles Act 2015 and is authorised by the Central Bank of Ireland as a UCITS. FIL investment Management (Luxembourg) S.A. reserves the right to terminate the arrangements made for the marketing of the sub-fund and/ or its shares in accordance with Article 93a of Directive 2009/65/EC and Article 32a of Directive 2011/61/EU. Prior notice of this cessation will be made in Ireland. This share class is registered and distributed in the following locations: Austria, Czech Republic, Denmark, Finland, France, Germany, Hungary, Iceland, Italy, Liechtenstein, Luxembourg, Netherlands, Norway, Portugal, Slovakia, Spain, Sweden, Switzerland, United Kingdom. United Kingdom : Investments should be made on the basis of the KIID (key investor information document) which is available at www.fidelity.co.uk The full prospectus may also be obtained from Fidelity. Please note that not all funds in the SICAV fund range are suitable for UK investors and tax advice should be sought before investing. Fidelity Funds is recognised under section 264 of the Financial Services and Markets Act 2000. Investors should note that loss caused by such recognised funds will not be covered by the provisions of the Financial Services Compensation Scheme (or by any similar scheme in Luxembourg) if the fund is unable to meet its obligations, however claims for loss in regards to such recognised funds against a Financial Conduct Authority authorised firm such as Fidelity will be. Issued in the UK by FIL Pensions Management, authorised and regulated by the Financial Conduct Authority and Financial Administration Services Limited, authorised and regulated by the Financial Conduct Authority. GB_English 41047 T6b 3