Fidelity Investment Funds IX - Fidelity Pre-Retirement Bond Fund W-ACC

The Fidelity Pre-Retirement Bond Fund primarily invests at least 70% in high-quality bonds denominated in British pounds or hedged to eliminate currency risk. These bonds are investment grade, meaning they have strong credit ratings from recognized agencies. The remaining portion of the portfolio is allocated to cash and derivative instruments, which help manage risk and enhance returns. The fund is actively managed, with managers selecting bonds based on a balanced approach using major sterling bond indexes to provide steady income and potential growth for investors approaching retirement.