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The Fidelity Euro
Target Funds are a new type of investment that can help you plan for the
future with more confidence. They could be used to help you save to put
down a deposit when buying a home or to help you assist your children
further their studies.
Money invested in
one of the Euro Target Funds may be used to supplement your retirement
pension, or you might use the Fidelity Euro Target Funds to save up for
a holiday of a lifetime or a much-longed for luxury car.
You
say when….
It is entirely up to you. You are free to choose when you wish to withdraw
your funds irrespective of the fund’s target date. It may be a year
or two later - you may simply keep your money invested until the need
arises.
Achieving
Your Goals.
When you are saving over the long term for a specific goal, the stock
market could be the best place for your money, as it has potential to
generate high levels of capital growth. However, in the years just before
you need your money, the stock market may no longer be the right option
– a sudden dip in share prices could reduce the value of your investment.
With this in mind,
you could consider changing your investments over time – starting
in shares, and gradually moving into more secure holdings such as bonds
and money market instruments. However, it can be difficult to know exactly
when you should make changes, and which investments you should choose.
The Fidelity Euro Target Funds give you the solution to this challenge
by making the decisions for you. There are seven funds in the range, with
target dates 2010, 2015, 2020, 2025, 2030, 2035 and 2040. All you have to do is choose the fund
with the target date that is the best match for your plans and Fidelity
will do the rest. The focus of the Fidelity Euro Target Funds will be
gradually shifted, spreading your money across an evolving selection of
securities, based on stock picking decisions made by Fidelity fund managers.
In the early years,
Fidelity Euro Target Funds will concentrate on the growth potential of
the stock market, and as your target date approaches, they will aim for
greater security by gradually moving into fixed income and money market
instruments.
With
Fidelity Euro Target Funds you can:
- Start at an early
stage and with investing an appropriate first lump-sum
- Increase your
invested amount at any time as you like
- Make withdrawals
if you need to – without penalty
- Find out the current
value of your investment at any time
When your chosen fund
reaches its target date you can either: take your money; or move it to
another fund; or leave it in your Fidelity Euro Target Fund as a lower-risk
investment.
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