Investments

Voting record 1 July 2008 - 30 June 2009

In the 12 months to 30 June 2009, Fidelity gave instructions to vote as follows:

  • 'For' all the resolutions submitted by management at 3,472 general meetings.
  • 'Against' management on one or more resolutions at 694 general meetings.

There were a further 114 general meetings where FIL did not cast a vote due to the practice in certain markets known as share blocking.  In these instances, if we had voted, the shares could not have been sold for a certain period of time prior to the meeting.  This restricts liquidity which in turn can have a negative impact on the performance of affected funds.

voting recored

This information is additional to the voting record already disclosed by FIL's US affiliate, Fidelity Management & Research Co. If you have any questions relating to the voting information set out below, please call Donald Cassidy on (44) 207 961 4925 or email donald.cassidy@fil.com.

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