Fidelity Global Dividend Fund

Investment Strategy

Fidelity Global Dividend Fund offers exposure to high-quality global dividend-paying equities, as well as additional diversification from global bonds and real estate securities, to provide investors with income and long-term capital growth.

Performance

Annual compound performance – as at 31-Dec-2011

	Fund	Morningstar Quartile*	Benchmark
1 month	0.26%	1	1.85%
3 month	5.45%	1	5.06%
6 month	-2.34%	1	0.46%
1 year	1.58%	1	6.21%
2 year	2.51%	1	4.71%
3 year	5.60%	2	7.52%
5 year	—	—	—
7 year	—	—	—
10 year	—	—	—
YTD	1.58%	1	6.21%
Since Inception	-6.99%	—	-4.38%

Calendar year performance – as at 31-Dec-2011

Growth of $10,000 since inception – as at 31-Jan-2012

Annual compound performance – as at 31-Dec-2011

	Fund	Morningstar Quartile*	Benchmark
1 month	0.27%	1	1.85%
3 month	5.50%	1	5.06%
6 month	-2.24%	1	0.46%
1 year	1.79%	1	6.21%
2 year	2.72%	1	4.71%
3 year	5.82%	2	7.52%
5 year	—	—	—
7 year	—	—	—
10 year	—	—	—
YTD	1.79%	1	6.21%
Since Inception	-6.79%	—	-4.38%

Calendar year performance – as at 31-Dec-2011

Growth of $10,000 since inception – as at 31-Jan-2012

Annual compound performance – as at 31-Dec-2011

	Fund	Morningstar Quartile*	Benchmark
1 month	0.37%	—	1.85%
3 month	5.81%	—	5.06%
6 month	-1.67%	—	0.46%
1 year	3.00%	—	6.21%
2 year	3.93%	—	4.71%
3 year	7.02%	—	7.52%
5 year	—	—	—
7 year	—	—	—
10 year	—	—	—
YTD	3.00%	—	6.21%
Since Inception	-5.78%	—	-4.38%

Calendar year performance – as at 31-Dec-2011

Growth of $10,000 since inception – as at 31-Jan-2012

Annual compound performance – as at 31-Dec-2011

	Fund	Morningstar Quartile*	Benchmark
1 month	0.41%	—	1.70%
3 month	8.54%	—	7.51%
6 month	-7.52%	—	-4.78%
1 year	-0.53%	—	3.64%
2 year	4.12%	—	6.25%
3 year	12.05%	—	14.64%
5 year	—	—	—
7 year	—	—	—
10 year	—	—	—
YTD	-0.53%	—	3.64%
Since Inception	-4.90%	—	—

Calendar year performance – as at 31-Dec-2011

Annual compound performance – as at 31-Dec-2011

	Fund	Morningstar Quartile*	Benchmark
1 month	0.43%	—	1.70%
3 month	8.60%	—	7.51%
6 month	-7.42%	—	-4.78%
1 year	-0.32%	—	3.64%
2 year	4.33%	—	6.25%
3 year	12.29%	—	14.64%
5 year	—	—	—
7 year	—	—	—
10 year	—	—	—
YTD	-0.32%	—	3.64%
Since Inception	-4.69%	—	—

Calendar year performance – as at 31-Dec-2011

Fund risk measures – as at 31-Dec-2011

	Fund	Benchmark
Annual Standard Deviation	12.90	13.93
Beta	0.90	—
R²	0.95	—

Risk measures are based on 3-year net returns (series B). (All returns are calculated in Canadian currency.)

Volatility meter

The volatility meter uses methodology recommended by the Fund Risk Classification Task Force of the Investment Funds Institute of Canada. The Task Force prescribes risk assessment based on historical volatility risk as measured by the standard deviation of fund performance. The Task Force also acknowledges that other types of measurable and nonmeasurable risk may exist. The Task Force reminds investors that historical performance may not be indicative of future returns and a fund’s historical volatility may not be indicative of future volatility.

View other Fidelity funds in this category:

Fund facts

NAVPU – Series B

$7.09 – as at 07-Feb-2012

Fund inception date

18-Apr-2007

Fund benchmark

Blended index**

Fund aggregate assets (all series)

$184.1 million
as at 31-Jan-2012

Management expense ratio - Series B

2.38% – as at 30-Sep-2011

Quarterly Top Ten Holdings

Nestlé (Reg.)
Pfizer
Chevron
Vodafone Group
Philip Morris
Coca Cola
AT&T
Roche Holding
GlaxoSmithKline
British American Tobacco
Total number of holdings	858
Total equity holdings	204
Total bond holdings	633
Top 10 holdings aggregate	21.9%

Full holdings

Nestlé (Reg.)
Pfizer
Vodafone Group
Chevron
Coca Cola
AT&T
Roche Holding
Philip Morris
GlaxoSmithKline
Johnson & Johnson
Total number of holdings	428
Total equity holdings	180
Total bond holdings	227
Top 10 holdings aggregate	21.4%

Full holdings

Nestlé (Reg.)
Chevron
Pfizer
Vodafone Group
AT&T
Coca Cola
Roche Holding
Philip Morris
GlaxoSmithKline
Telefonica
Total number of holdings	426
Total equity holdings	181
Total bond holdings	228
Top 10 holdings aggregate	19.8%

Full holdings

Vodafone Group
Chevron
AT&T
Pfizer
Philip Morris
Johnson & Johnson
Telefonica
British American Tobacco
Banco Santander
BASF
Total number of holdings	417
Total equity holdings	164
Total bond holdings	235
Top 10 holdings aggregate	20.1%

Full holdings

Allocation to funds

Asset mix

Sector mix

Country mix

Asset mix

Sector mix

Country mix

Asset mix

Sector mix

Country mix

Footnotes and disclosures

* ©2011 Morningstar Research Inc. All rights reserved. For greater detail see www.morningstar.ca. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or redistributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any changes or losses arising from any use of this information.

^**The blended index is 80% MSCI High Dividend Yield Index, 10% FTSE EPRA/NAREIT and 10% Barclays Capital Global Bond Aggregate Index - Hedged CAD.

The indicated rates of return are the historical annual compounded total returns including changes in unit value and the reinvestment of all distributions and do not take into account sales, redemption, distribution, optional charges, or income taxes payable by any securityholder that would have reduced returns.