Report as of 29 Sep 2021

Fidelity Investment Funds - Fidelity Cash Fund W-Income

Morningstar® Category Morningstar® Benchmark Fund Benchmark Morningstar Rating™ GBP Money Market - Short Term FTSE GBP Eurodeposit 3 Month GBP SONIA Not Rated Used throughout report

Investment Objective Performance

The Fund aims to maintain the value of your investment 112 and pay you an income. The Fund will invest at least 70% 109 in a diversified range of sterling denominated money market instruments, other short-term investments and 106 transferable securities. The Fund is actively managed 103

without reference to a benchmark. The Fund may also 100 invest in, but is not limited to, certificates of deposit, commercial paper, medium-term notes, floating rate notes 2016 2017 2018 2019 2020 2021-08 and treasury bills. The Fund will not hold derivative 0.15 0.18 0.50 0.68 0.23 -0.11 Fund positions. 0.58 0.36 0.68 0.82 0.38 0.01 Benchmark 0.36 0.11 0.39 0.64 0.23 -0.09 Category

Risk Measures Trailing Returns % Fund Bmark Cat Quarterly Returns % Q1 Q2 Q3 Q4 3Y Alpha -0.15 3Y Sharpe Ratio -2.26 3 Months -0.06 0.01 -0.03 2021 -0.03 -0.02 - - 3Y Beta 0.89 3Y Std Dev 0.12 6 Months -0.08 0.01 -0.05 2020 0.17 0.09 -0.02 -0.01 3Y R-Squared 40.31 3Y Risk - 1 Year -0.13 0.03 -0.13 2019 0.19 0.18 0.16 0.16 3Y Info Ratio -5.41 5Y Risk - 3 Years Annualised 0.32 0.48 0.31 2018 0.08 0.11 0.13 0.17 3Y Tracking Error 0.03 10Y Risk - 5 Years Annualised 0.31 0.47 0.27 2017 0.04 0.04 0.04 0.06 Calculations use FTSE GBP Eurodeposit 3 Month GBP (where applicable) 10 Years Annualised 0.22 0.54 0.26 Data as of 29/09/2021

Portfolio 31 Jul 2021

Asset Allocation % Net Fixed Income Fund Credit Quality % Fund Credit Quality % Fund Stocks 0.00 Style Box™ Effective Duration - High Credit Quality Bonds 0.00 (Y)

Cash 100.0 Med Effective Maturity - 0 (Y) Other 0.00 Low Average Credit

Ltd Mod Ext Quality Interest Rate Sensitivity

Top Holdings Fixed Income Sector Weightings % Fund Maturity Distribution % Fund Holding Name Sector % ⁄Government 0.00 Mizuho Corpor Bk Limited... - 9.61 ›Corporate 0.00 Dz Bank Ag Deut Zent... - 9.61 uSecuritized 0.00 Kbc Bank Nv Td 0.05%... - 9.24 ‹Municipal 0.00 Landesbank Baden-Wuert... - 3.84 yCash & Equivalents 100.00 Toyota Motor Finance Neth Bv... - 3.46 ±Derivative 0.00

Toronto Dominion Bank... - 3.20 Coupon Range % Fund La Banque Postale Cp .00085... - 2.95 0 0.00 Paccar Financial Europe Bv... - 2.75 0 to 4 0.00 Bank Of Nova Scotia Cd 0.07%... - 2.69 4 to 6 0.00 Bnp Paribas Cd 0.09%... - 2.56 6 to 8 0.00 Assets in Top 10 Holdings % 34.86 8 to 10 0.00 Total Number of Equity Holdings 0 10 to 12 0.00 Total Number of Bond Holdings 0 Over 12 0.00

© 2021 Morningstar. All Rights Reserved. The information, data, analyses and opinions (“Information”) contained herein: (1) include the proprietary information of Morningstar and Morningstar’s third party licensors; (2) may not be copied or redistributed except as specifically authorised;(3) do not constitute investment advice;(4) are provided solely for informational purposes; (5) are not warranted to be complete, accurate or timely; and (6) may be drawn from fund data published on various dates. Morningstar is not responsible for any trading decisions, damages or other losses related to the Information or its use. Please verify all of the Information before using it and don’t make any investment decision except upon the advice of a professional financial adviser. Past performance is no guarantee of future results. The value and income derived from investments may go down as well as up. Page 1 of 2 Report as of 29 Sep 2021

Fidelity Cash W Inc

Operations

Fund Company FIL Investment Services Share Class Size (mil) 118.61 GBP Minimum Initial Purchase 1,000 GBP (UK) Ltd (31/08/2021) Minimum Additional Purchase 250 GBP Phone - Domicile United Kingdom Total Expense Ratio - Website - Currency GBP Ongoing Charge 0.15% Inception Date 21 Oct 2016 UCITS Yes Performance Fee - Manager Name Christopher Ellinger Inc/Acc Inc Manager Start Date 01 Oct 2019 ISIN GB00BD1RHR68 NAV (29/09/2021) GBX 99.92 Total Net Assets (mil) (31 780.56 GBP Jul 2021)

© 2021 Morningstar. All Rights Reserved. The information, data, analyses and opinions (“Information”) contained herein: (1) include the proprietary information of Morningstar and Morningstar’s third party licensors; (2) may not be copied or redistributed except as specifically authorised;(3) do not constitute investment advice;(4) are provided solely for informational purposes; (5) are not warranted to be complete, accurate or timely; and (6) may be drawn from fund data published on various dates. Morningstar is not responsible for any trading decisions, damages or other losses related to the Information or its use. Please verify all of the Information before using it and don’t make any investment decision except upon the advice of a professional financial adviser. Past performance is no guarantee of future results. The value and income derived from investments may go down as well as up. Page 2 of 2