Fidelity Global Property Fund W-Accumulation

The fund aims to pay you an income and increase the value of your investment over a period of 5 years or more.The fund will invest at least 70% in companies in the real estate industry globally. This region includes countries considered to be emerging markets as determined by the Investment Manager at its sole discretion.Emerging markets are countries progressing toward becoming advanced, usually shown by some development in financial markets, the existence of some form of stock exchange and a regulatory body.The remainder will be invested in other investment types such as cash and derivatives.Derivatives are investments whose value is linked to another investment, or to the performance of a stock exchange or to some other variable factor, such as interest rates and used to reduce risk or transaction costs and/or to generate extra income or further increase the value of your investment. The fund aims to hold a concentrated portfolio, investing in 30-50 companies or other types of investment.The fund is actively managed without reference to a benchmark. The fund has full discretion in its choices of investments within its objectives and policies.Income from the fund is either paid out to you or it is used to buy you more shares in the fund.As the fund aims to generate an income, some charges will be taken from the fund rather than the income generated by the fund. This means the amount payable as income may be increased and the potential to increase the value of your investment may be reduced.Shares can usually be bought and sold each business day of the fund.The sub-fund is tracking FTSE EPRA/NAREIT Developed Index (Gross)Non-distributing units: any income generated by the subfund is reinvested.