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About Fidelity for Institutional investors

Fidelity Worldwide Investment was established nearly 40 years ago and operates in markets outside the Americas. The company and its subsidiaries now manage more than A$260 billion* for millions of investors around the world - major institutions as well as private individuals.

Fidelity Worldwide Investment's US affiliate, Fidelity Management and Research LLC was founded in Boston in 1946 and is one of the world's largest mutual fund companies.

Fidelity Worldwide Investment established its Australian funds management team in 2003, to cement our decade long relationship with the market. In fact, we've been investing in Australian Equities via our international fund range for over 35 years. Our Sydney-based team is backed by our global research network. This represents a world-class Australian equities capability which we believe offers outstanding opportunities for our investors.

Fidelity Worldwide Investment has always believed it is in the best interests of the investors in our funds to be specialists in the field of asset management. The position we enjoy as a privately-owned company enables us to concentrate on developing innovative products and providing the highest levels of customer service.

*As at 31 March 2011.

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© 2012 FIL Responsible Entity (Australia) Limited ABN 33 148 059 009, AFSL No. 409340.
Fidelity, Fidelity Worldwide Investment and the Fidelity Worldwide Investment logo and F symbol are trademarks of FIL limited.

This document is issued by FIL Responsible Entity (Australia) Limited ABN 33 148 059 009, AFSL No. 409340 ("Fidelity Australia"). Fidelity Australia is a member of the FIL Limited group of companies commonly known as Fidelity Worldwide Investment. Prior to making an investment decision retail investors should seek advice from their financial adviser. Please remember past performance is not a guide to the future. Investors should also obtain and consider the Product Disclosure Statements ("PDS") for the fund mentioned in this document. The PDS is available on www.fidelity.com.au or can be obtained by contacting Fidelity Australia on 1800 119 270. This document has been prepared without taking into account your objectives, financial situation or needs. You should consider such matters before acting on the information contained in this document. This document may include general commentary on market activity, industry or sector trends or other broad based economic or political conditions which should not be construed as investment advice. Information stated herein about specific securities is subject to change. Any reference to specific securities should not be construed as a recommendation to buy, sell or hold these securities. While the information contained in this document has been prepared with reasonable care no responsibility or liability is accepted for any errors or omissions or misstatements however caused. The document may not be reproduced or transmitted without prior written permission of Fidelity Australia. The issuer of Fidelity funds is FIL Responsible Entity (Australia) Limited ABN 33 148 059 009. References to ($) are in Australian dollars unless stated otherwise. © 2012 FIL Responsible Entity (Australia) Limited. Fidelity, Fidelity Worldwide Investment, and the Fidelity Worldwide Investment logo and F symbol are trademarks of FIL Limited.