Fund Rating Removal for the Fidelity Global Inflation-Linked Bond fund

We have taken the decision to remove the Fidelity Global Inflation-Linked Bond fund from the Academy of funds following the announcement that the lead manager of the fund, Andy Weir, would be leaving Fidelity at the end of August. Mr Weir has been with Fidelity for 19 years, during which time he has progressed from a quantitative analyst to fund manager on this and other funds, and has now decided to take some time out of the industry. Current co-manager Tim Foster will take control of the fund and we will seek to meet with him in due course. In the meantime we wish Mr Weir every success for the future.