This document is
important and requires your immediate
attention.
If you
are in doubt as to the action you should take, you should seek
advice from your Fidelity Relationship
Manager.
If you have sold
or transferred any of your Shares in Fidelity Sustainable USD EM
Bond UCITS ETF (the "Sub-Fund) a
sub-fund of Fidelity UCITS II ICAV (the "Fund"),
please pass this document at once to the purchaser or transferee,
or to the stockbroker, bank or other agent through whom the sale or
transfer was effected for transmission to the purchaser or
transferee as soon as possible.
Unless otherwise
defined herein, all other capitalised terms used herein shall bear
the same meaning as capitalised terms used in the currently
effective prospectus of the Fund and supplements for
the Sub-Funds,
as amended, supplemented or otherwise modified from time to time
(together, the "Prospectus"). A copy of the Prospectus is available
upon request during normal business hours at the registered office
of the Fund.
Please note that
the Central Bank of Ireland (the
"Central Bank") has not reviewed this notice. The Directors accept
full responsibility for the accuracy of the information contained
in this notice and confirm, having made all reasonable enquiries,
that to the best of their knowledge and belief there are no other
facts the omission of which would make any statement
misleading.
16
July 2024
Dear
Shareholder,
Sustainable
Investing Updates for the Sub-Fund
We are writing to you as a
Shareholder in the Sub-Fund to advise you of changes in respect of
the Sub-Fund, as detailed below.
As part of our ongoing
commitment to responsible and sustainable investing, the Manager,
in consultation with the Directors, has decided to update our
approach to sustainable investing and environmental, social and
governance ("ESG")
integration to reflect the evolving sustainable investing landscape
and enhance transparency to investors.
-
Introduction of ESG Scores
for Portfolios
The Prospectus will be
updated to introduce ESG portfolio scores for the Sub-Fund which
will promote environmental and/or social characteristics by aiming
to have an ESG score of its portfolio greater than that of its
benchmark.
-
Exclusions
The Prospectus will be
updated to include additional exclusions which will be applied by
the Sub-Funds. Further information on the exclusions is also
available on the website Sustainable
investing framework (fidelityinternational.com).
There will be no change to
any other sub-fund of the Fund.
Next
steps
It is expected that a
revised version of the Prospectus reflecting the updates for the
Sub-Fund detailed above will be issued on or around 30 July 2024 (the "Effective
Date").
No action is required from
you as regards this update. If you do not want to remain in the
Sub-Fund following the implementation of the proposed changes, you
may redeem in the usual manner at any point prior to the Effective
Date.
Further
information
Should you have any
questions relating to this matter, you should contact your
professional advisor or your usual Fidelity Service
Centre.
We would like to thank you
for your investment, and we look forward to serving you in the
future.
Yours
sincerely
Director
For and on behalf
of
Fidelity UCTIS II
ICAV