Fidelity Advisor^® Sustainable Multi-Asset Fund: Investment Approach

• Fidelity Advisor^® Multi-Asset Fund is a diversified portfolio designed for investors seeking exposure to an investment process that considers environmental, social and governance (ESG) factors.
• The fund invests in a combination of Fidelity Sustainable active and index funds and U.S. government securities funds, and emphasizes long-term growth through a strategic asset allocation of 70% equity and 30% fixed income.
• The fund utilizes sustainable active underlying strategies that incorporate ESG factors in the investment decision making process, leveraging Fidelity's proprietary systematic and forward-looking ESG ratings. The sustainable index funds track benchmarks that target companies with high ESG ratings, while maintaining broad market exposure.
• The fund is managed within Fidelity's Global Asset Allocation Team, drawing upon extensive asset allocation expertise and on Fidelity's sustainable investment research and resources.