Title: URL Source: https://doc.morningstar.com/document/9cb0ff483f561f5a35aba7565e6367dc.msdoc/?clientid=ajbell&key=805803a4ca9fc338 Markdown Content: Purpose There is no requirement for investors to receive a regulated Key Information Document before buying shares in this investment product. This document provides you with key information about this investment product. It is not marketing material. It helps you understand the na ture of this product and compare it with other products. Other documents such as the Annual Report and monthly factsheets are avai lable to help you understand the risks and potential gains and losses of this product . Product Fidelity European Trust PLC Ordinary Shares FIL Investment Services (UK) Limited ISIN: GB00BK1PKQ95 www .fidelityinvestmenttrusts.com Call +800 414 177 for further information. What is this product? Type This product is an investment trust company, which is a type of alternative investment fund. This product is open for an unlimited duration, however, continuation votes are held every three years at the Company ’sAnnual General Meeting. Objectives Objective : The Company aims to achieve long term growth in both capital and income by predominantly investing in equities (and their related securities) of continental European companies. Investment Policy: The Investment Manager will typically focus on larger companies which show good prospects for sustainable long term dividend growth. The Investment Manager is not restricted in terms of size, industry or geographical split. The Company may also invest into other transferable securities, investment companies, money market instruments, cash and deposits and is also able to use derivatives for efficient portfolio management, to gain additional market exposure (gearing) and for investment purposes. Benchmark: FT SE World Europe ex-UK Index Total Return. Used for: investment selection, risk monitoring and performance comparison. Base Currency: GBP. Additional information: The price of shares in the Company will depend on the performance of the value of the Company ’sunderlying assets but, in addition, this value may be subject to a discount or a premium reflecting the price at which the Company ’sshares are valued and traded on the stock market. For more information, please consult the prospectus and latest reports and accounts which can be obtained free of charge in English and other main languages from FIL Investment Services (UK) Limited, Beech Gate Millfield Lane, Lower Kingswood, Tadworth, Surrey, United Kingdom, KT20 6RP. These documents and details of the Remuneration Policy are available via www.fidelityinvestmenttrusts.com. The Net Asset Value of the funds is available at the registered office of the Company, and at www.fidelityinternational.com. Custodian : JPMorgan Chase Bank (London Branch) (formerly The Chase Manhattan Bank), 125 London Wall, London, EC2Y 5AJ. Intended retail investor This product is intended for retail investors with no specific financial expertise who are seeking long-term capital growth. Investors should be able to bear a loss to their invested capital. The product is intended to be a long-term investment. # Key Information Document Financial Conduct Authority (FCA) is responsible for supervising FIL Investment Services (UK) Limited in relation to this key information document. This PRIIP is authorised in United Kingdom. FIL Investment Services (UK) Limited is authorised in United Kingdom and regulated by Financial Conduct Authority (FCA). Publication date: 21/05/2025 > Fidelity European Trust PLC Ordinary Shares > 1/3 > 3Fidelity European Trust PLC Ordinary Shares What are the risks and what could I get in return? Risk Indicator Lower risk Higher risk > The risk indicator assumes you keep the product for 5 years. > The actual risk can vary significantly if you cash in at the early stage and you may get back less. Th e summar y ris k indicator i s a guid e to th e leve l of ris k o f thi s product compared to other products. It shows how likely it is that the product will lose money because of movements in the markets or because we are not able to pay you. We have classified this product as 4 out of 7, which is a medium risk class. This rates the potential losses from future performance at a medium level, and poor market conditions could impact the capacity to pay you. Th e share s in th e investmen t trus t ar e liste d on th e Londo n Stoc k Exchang e an d thei r pric e is affecte d b y suppl y an d demand . There i s no right of redemption or encashment. Market conditions may change this may lead to securities being difficult to trade. The investment trust can gain additional exposure to the market, known as gearing, potentially increasing volatility. This product does not include any protection from future market performance so you could lose some or all of your investment. If FIL Investment Services (UK) Limited is not able to pay you what is owed, you could lose your entire investment. Investment performance information Th e fund ’s performanc e wil l b e primaril y affecte d b y th e performanc e of th e marke t in whic h it is invested , as represented b y th e relevant index. Th e mos t relevan t marke t inde x is th e FTS E Worl d Europ e ex -UK Inde x Tota l Return . Th e fun d i s likel y to hav e a simila r performanc e and volatility to th e market index, however the fund is actively managed and so though both are expected to differ from the market index over the longer term. What could affect my return positively? Th e return o f th e fun d woul d b e expecte d to b e positive i f th e individua l companies o r th e general market i n whic h it is invested experiences positive returns, which can be driven by investment sentiment, political and issuer -specific factors. What could affect my return negatively? Th e return o f th e fun d woul d b e expecte d to be negative if the individual companies or the general market in which it is invested experiences negative returns, which can be driven by investment sentiment, political and issuer -specific factors. If th e fun d i s redeeme d unde r severel y advers e marke t condition s it is possibl e yo u ma y receiv e bac k les s tha n yo u investe d a s a resul t of lower value and negative impacts of lack of liquidity What happens if FIL Investment Services (UK) Limited is unable to pay out? Th e asset s an d liabilitie s of thi s produc t ar e segregate d fro m thos e of FI L Investmen t Service s (UK ) Limited . Ther e is no cross - liability betwee n thes e entities , an d th e produc t woul d no t be liabl e if FI L Investment Service s (UK ) Limite d or an y delegated servic e provider were to fail or default. What are the costs? This disclosure has been prepared with reference to the Financial Conduct Authority’s Statement on forbearance in relation to investment company disclosure requirements dated 19 September 2024. Accordingly, it does not seek to comply with the requirements of the PRIIPS Regulation in this regard. The information provided below has been provided to help consumer understanding. It recognises that there is no additional cost to the invest or charged by the Company. You should be aware that management and advisory expenses are incurred by the Company. The Ongoing Charges figure stated below is taken from the Company's most recent Annual Report and represents the total of investment management fees and other expenses of the Company (excluding transaction costs, interest payme nts, tax and non -recurring expenses) expressed as a percentage of the average net asset value throughout the financial year. The perso n sellin g you or advising you about thi s produc t may charge you other costs. If so, thi s perso n will provide you wit h information about these costs, and show you the impact that all costs will have on your investment over time. Ongoing Charges figure for the year 31 December 2024 0.76% These are expenses incurred by the Company and no additional charge is made to the investor > 2/3 > 1234567 > Fidelity European Trust PLC Ordinary Shares Fidelity European Trust PLC Ordinary Shares How long should I hold it and can I take money out early? Recommended holding period: 5 years. The recommended holding period is based on our assessment of the risk and reward characteristics and costs of the product. Orde r Schedule : Share s in thi s produc t ar e trade d on th e stoc k marke t throughou t th e da y an d ma y be sol d a t an y tim e withou t any penalt y charg e levie d b y th e produc t manufacturer. Orders to bu y and/o r sel l (redeem ) unit s received an d accepted by 5 pm on an y UK business day are ordinarily processed on the same day (using the valuation of that day). Thi s produc t ma y no t be appropriat e fo r investor s wh o pla n to withdra w thei r mone y befor e th e en d of th e recommende d holding period. Th e actua l ris k ca n var y significantl y if yo u cas h in at an earl y stag e an d yo u ma y ge t bac k less . Ther e ar e no exi t fee s charge d but th e perso n sellin g yo u th e produc t ma y do so . Thi s produc t doe s no t includ e an y protection fro m future market performance so you could los e some or all of your investment. How can I complain? If you wish to make a complaint about this product or the conduct of FIL Investment Services (UK) Limited please visit www.fidelityinternational.com. Alternatively, write to FIL Investment Services (UK) Limited, Beech Gate, Millfield Lane, Lower Kingswood, Tadworth, Surrey, United Kingdom, KT20 6RP or info@fidelity.co.uk. If you have a complaint about the person who advised you about this product, or who sold it to you please contact them for their complaints process. Other relevant information You may find the prospectus, statutes, key investor documents, notices to investors, financial reports, and further information documents relating to the product including various published policies of the product on our website www.fidelityinvestmenttrusts.com. You may also request a copy of such documents at the registered office of the FIL Investment Services (UK) Limited.