Fidelity Funds - Fidelity Institutional Target™ 2040 (Euro) Fund P-Acc-EUR

The fund aims to provide long-term capital growth for investors planning to withdraw substantial portions of their investment in the year 2040.

The fund typically invests in a wide range of markets throughout the world, providing exposure to shares of companies, bonds, interest rate bearing securities, money market securities, and commodities. It can invest in bonds issued by governments, companies, and other bodies. The fund is managed in accordance with an asset allocation that becomes increasingly conservative as the target year approaches. It has the freedom to invest outside its principal geographies, market sectors, industries, or asset classes.

As this fund may invest globally, it may invest in countries considered to be emerging markets. The fund may also seek exposure of less than 30% of its assets in infrastructure securities, commodities, and eligible closed-ended real estate investment trusts (REITS). Additionally, the fund may invest in assets directly or achieve exposure indirectly through other eligible means including derivatives.

https://www.fidelity.lu/funds/factsheet/LU0393655294