FIL Investment Management (Singapore) Limited

Fidelity Funds - India Fund



	These days it's hard to challenge India's label as an economic powerhouse India is the 2^nd most populous country in the world. It has experienced rapid economic growth recently and is currently the second-fastest growing economy in Asia ?just behind China. In the current financial year, fiscal economic growth is expected to expand by 9.2%¹. India had benefited from high growth rates, low inflation and growing foreign investments... India's GDP now tops $1 trillion a year. By 2040, it could be $40 trillion². The investment bank Goldman Sachs says India's economy has the potential to grow faster than any other economy in the next 30 to 50 years. It could even surpass the American economy in size by 2050³. Economic activity is strong... Whether it be infrastructure-related, telecoms, port, airport, retail, investment in infrastructure in other parts of the economy, or capital expenditure, this level of investment is continuing to stimulate jobs growth and increase consumption. So make the choice to participate in India’s potential growth! ¹"India's GDP expanded at fastest pace in 18 years", MarketWatch, May 31, 2007 ²Indian Central Statistical Organisation (CSO) Report, 07 February 2007 ³Canadian Broadcasting Corporation (CBC): In depth report: India - The Economic Miracle, Aug. 15, 2007

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This document is prepared by FIL Investment Management (Singapore) Limited (Co. Reg. No. 199006300E), a responsible entity for the fund(s) in Singapore. All views expressed cannot be construed as an offer or recommendation. Prospectus for the fund(s) is available from FISL or its distributors upon request. Potential investors should read the prospectus before deciding whether to invest in the fund(s). Reference to specific securities or fund(s) is included for illustration only, and should not be construed as a recommendation to buy or sell the same. This document is for information only and does not have regard to the specific investment objectives, financial situation and particular needs of any specific person who may receive it. Potential investors should seek advice from a financial adviser before deciding to invest in the fund(s). If that potential investor chooses not to seek advice from a financial adviser, he should consider whether the fund(s) in question is suitable for him. Past performance of the manager and the fund(s), and any forecasts on the economy, stock or bond market, or economic trends of the markets that are targeted by the fund(s), are not indicative of the future performance. Prices can go up and down. The value of the shares of the fund(s) and the income accruing to the shares, if any, may fall or rise. Investors investing in fund(s) denominated in a non-local currency should be aware of the risk of exchange rate fluctuation that may cause a loss of principal when foreign currency is converted back to the investor's home currency. Exchange controls may be applicable from time to time to certain foreign currencies. The CPF interest rate for the Ordinary Account (OA) is based on the 12-month fixed deposit and month-end savings rates of the major local banks. Under the Central Provident Fund Act, Chapter 36 of Singapore (the "CPF Act") the CPF Board pays a minimum interest of 2.5% per annum when this interest formula yields a lower rate. The interest rate for the Special, Medisave and Retirement Accounts (SMRA) is pegged to the yield of 10-year Singapore government bond plus 1%. For 2009, the minimum interest rate for the SMRA will be 4.0% per annum. After 2009, the 2.5% per annum minimum interest rate, as prescribed by the CPF Act, will apply to the SMRA. In addition, the CPF Board pays an extra interest rate of 1% per annum on the first $60,000 of a CPF member's combined balances, including up to $20,000 in the OA. The first $20,000 in the Ordinary Account and the first $40,000 in the Special Account will not be allowed to be invested under the CPF Investment Scheme. Fidelity, Fidelity International, and Fidelity International and Pyramid Logo are trademarks of FIL Limited	Important legal information Privacy Online Security