24 February, 2020 Fidelity Funds Latin America Fund A This fund is managed by FIL Investment Management (Lux) S.A. EFC Classification Equity Emerging Latin America Price +/- Date 52wk range 36.37 EUR -0.28 21/02/2020 32.34 39.23 Issuer Profile Administrator FIL Investment Management (Lux) S.A. -Aims to provide long-term capital growth with the level of income expected to be low. -At Address 2a, rue Albert Borschette L-1021 least 70% invested in the shares of Latin American companies. -Has the freedom to invest outside the fund's principal geographies, market sectors, industries or asset classes. -May City Luxemburg invest in assets directly or achieve exposure indirectly through other eligible means Tel/Fax +352 2451 4999 including derivatives. Can use derivatives with the aim of risk or cost reduction or to Website www.fidelity.lu generate additional capital or income, including for investment purposes, in line with the fund’s risk profile. General Information ISIN LU0050427557 Chart 5 year Fund Type Distribution Quote Frequency daily Quote Currency USD 40 Currency USD Foundation Date 09/05/1994 35 Fund Manager Angel Ortiz Legal Type Investment company according to Luxembourg law UCITS Yes 30 Financial Year End 30/04/2019 Fund size 351,091,147.20 USD 25 Minimal Order 2,500.00 USD Costs 20 Entry fee 5.25 % Exit fee 0.00 % 15 Operation costs 1.50 % 2016 2017 2018 2019 2020 Ongoing charges 1.93 % vwdgroup: 38 Days 200 Days Fund Returns 2015 2016 2017 2018 2019 2020 Returns -21.12 25.04 11.87 -3.62 19.93 -0.66 Category Average -5.77 14.99 23.88 -11.00 20.84 1.22 Category Ranking 1334 / 1421 276 / 1812 1536 / 1952 254 / 2045 1422 / 2393 1980 / 2537 40 20 s e u l 0 a V -20 -40 2015 2016 2017 2018 2019 2020 Returns Category Average Fund Ratios (end previous month) Timing YTD 1 month 6 months 1 year 3 year 5 year Performance Fidelity Funds Latin America Fund A -2.89 % -2.89 % 0.33 % -0.63 % 7.28 % 4.18 % Volatility Fidelity Funds Latin America Fund A 12.56 % 18.51 % 19.53 % 24 February, 2020 Fidelity Funds Latin America Fund A This fund is managed by FIL Investment Management (Lux) S.A. EFC Classification Equity Emerging Latin America Price +/- Date 52wk range 36.37 EUR -0.28 21/02/2020 32.34 39.23 Participations (31/12/2019) Participation Percentage FOMENTO ECONO MEX(FEMSA)SP ADR Vale SA ADR 6.95 % Vale SA ADR LOJAS RENNER SA FOMENTO ECONO MEX(FEMSA)SP ADR GRUPO FINANCIERO BANORTE SAB 6.91 % Vale SA ADR LOJAS RENNER SA IRB BRASIL RESSEGUROS SA 5.57 % GRUPO MEXICO SAB DE CV SER B B3 SA BRASIL BOLSA BALCAO 5.02 % GRUPO FINANCIERO BANORTE SAB GRUPO MEXICO SAB DE CV SER B PETROLEO BRASILEIRO SPONS ADR 4.59 % GRUPO FINANCIERO BANORTE SAB Credicorp Ltd 4.54 % PETROBRAS PN SPON ADR PETROBRAS PN SPON ADR 4.44 % PETROBRAS PN SPON ADR IRB BRASIL RESSEGUROS SA GRUPO MEXICO SAB DE CV SER B 4.17 % Credicorp Ltd LOJAS RENNER SA 4.11 % IRB BRASIL RESSEGUROS SA PETROLEO BRASILEIRO SPONS ADR B3 SA BRASIL BOLSA BALCAO FOMENTO ECONO MEX(FEMSA)SP ADR 3.40 % Credicorp Ltd PETROLEO BRASILEIRO SPONS ADR B3 SA BRASIL BOLSA BALCAO Geographical composition (31/12/2019) Argentina Chile Argentina Peru Chile United States of America Peru Country Percentage United States of America Brazil 60.30 % Mexico 21.86 % United States of America 6.08 % Peru 5.93 % Mexico Chile 4.18 % Brazil Argentina 1.09 % Mexico Brazil Sector composition (31/12/2019) Food & Staples Retailing Beverages Food & Staples Retailing Specialty Retail Banks Beverages MultSilpineec iRaelttya iRletail Banks Multiline Retail Sector Percentage Insurance Banks 18.68 % Insurance Metals & Mining 13.02 % Oil, Gas & Consumable Fuels 9.35 % Road & Rail Capital Markets 7.13 % Metals & Mining Road & Rail 5.87 % Road & Rail Metals & Mining Insurance 5.57 % Capital Markets Multiline Retail 5.42 % Capital Markets Oil, Gas & Consumable Fuels Specialty Retail 3.48 % Beverages 3.40 % Oil, Gas & Consumable Fuels Food & Staples Retailing 3.33 % .