Fidelity International – US Dollar Cash Fund

Fidelity International – US Dollar Cash Fund

Fund objective

Fidelity International – US Dollar Cash Fund aims to provide a return in line with money market rates, with capital security and liquidity being the primary considerations. At least 70% invested in US Dollar denominated interest-bearing debt with less than 12 months to maturity.

The types of debt securities may include instruments of US and other banks, commercial paper, obligations issued or guaranteed by the US government, its agencies, or instrumentalities, variable rate notes, variable rate certificates of deposit, certain investment grade collateralised mortgage obligations and other asset-backed securities, and issues of US and other governments and supranational agencies, such as US Treasury Bills, notes and bonds.

Fidelity International – US Dollar Cash Fund has the freedom to invest in other permitted assets such as money market instruments and cash provided the average residual maturity of the portfolio is not more than 12 months. Can use derivatives with the aim of risk or cost reduction or to generate additional capital or income in line with the fund’s risk profile. Income is accumulated in the share price. Shares can usually be bought and sold each business day of the fund.

Investment Strategy

Fidelity International – US Dollar Cash Fund invests principally in US Dollar denominated debt securities and other permitted assets.

Who is Fidelity International – US Dollar Cash Fund suitable for?

The Fidelity International – US Dollar Cash Fund is only suitable for investors who:

• seek a fund that aims to provide investors with a return in line with money market rates.
• are looking for capital security and liquidity, recognising that the Net Asset Value of the Sub-Fund is not guaranteed, that Shares of the Sub-Fund are not bank deposits and there is no assurance that any appreciation in value of Shares will occur.

Dividend or Income payout frequency: Semi-annually

For additional assessments on product suitability, please obtain professional advice from a qualified Financial Adviser.

What are the key risks of Fidelity International – US Dollar Cash Fund?

The value of Fidelity International – US Dollar Cash Fund and its dividends and coupons (if any) may rise or fall. You may lose some or all of your investment depending on the performance of the underlying securities. Factors that may affect the performance of these securities include, without limitation, market risks, fluctuations in interest rates and foreign exchange rates, political instability, exchange controls, changes in taxation and foreign investment policies.

Some of the key risks associated with Fidelity International – US Dollar Cash Fund are described below:

Market and Credit Risks

• You are exposed to Fluctuations in Value Risk
• You are exposed to Foreign Currency Risk

Liquidity Risks

• You are exposed to Liquidity Risk

Product-Specific Risks

• You are exposed to Bonds, Debt Instruments & Fixed Income & Credit Risk
• You are exposed to Repurchase Transactions Risk
• You are exposed to Derivatives Risk

Investment Fees and Charges

For a limited time (Until 31 Dec 2023), speak to a MAS licensed licensed financial adviser which has committed to offering our readers a flat 1% Subscription fee (Initial Sale Charge) for all Unit Trust Funds investment.

Learn more about the limited time offer on 1% Initial Sales Charge. Terms and conditions may apply.

Where can I get more details about Fidelity International – US Dollar Cash Fund

• Fidelity International – US Dollar Cash Fund Fact Sheet (Open in New Window)
• Fidelity International – US Dollar Cash Fund Product Highlight Sheet (Open in New Window)
• Speak to a licensed licensed financial adviser.

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