Fidelity Global Investment Grade Bond ETF Series L Trust — Fidelity Investments Canada ULC — Fidelity Focus 2023 Vancouver

4 slides from Fidelity Global Investment Grade Bond ETF Series L Trust's conference presentation, May 2023

Slide 1: Dividend investing and downside protection
Dividend investing and downside protection Ramona Persaud Portfolio Manager May 2023 1 © 2023 FIDELITY INVESTMENTS CANADA ULC 1310416-v2023428 FOR ADVISOR USE ONLY
Slide 2: Upside/downside capture ratio
Fidelity Global Dividend Investment Trust Upside/downside capture ratio: Since fund inception through March 31, 2023 102% 2.0% 99.0% 1.8% 98% 1.5% 94% Excess return Capture ratio 90% 86.0% 1.0% 86% 82% 0.5% 78% 74% 0.0% Upside capture Downside capture Annualized excess return Data shown pertains to
Slide 3: Fund performance
Fund performance Series F, net of fees (%) As at March 31, 2023 1 year 3 year 5 year 10 year Fidelity Global Monthly Income Fund -0.6 6.0 4.7 7.5 Fidelity Global Dividend Fund 0.8 12.2 8.3 10.3 Fidelity Global Dividend Investment Trust1,2 4.2 15.3 10.6 12.8 MSCI All Country World Index 0.3 13.4 8.0
Slide 4: Important notice
Important notice For advisor use only. No recipient is authorized to pass this communication on to any other person whatsoever or reproduce it by any means without the prior written consent of Fidelity. Commissions, trailing commissions, management fees, brokerage fees and expenses may be associated