Fidelity Advisor^® Sustainable Target Date 2070 Fund: Investment Approach

• Fidelity Advisor^® Sustainable Target Date Funds are designed so that the target date in the Fund name is the approximate year when we expect investors to retire.
• Except for Fidelity Advisor Sustainable Target Date Retirement Fund, each of the Funds seeks high total return until reaching its respective target retirement date; thereafter, each Fund's objective will be to seek high current income and, secondarily, capital appreciation.
• Except for Fidelity Advisor Sustainable Target Date Retirement Fund, each Fund's asset allocation strategy becomes increasingly diversified as it approaches its target date – and beyond. Ultimately, the Funds are expected to merge with the retirement fund.
• The Funds employ an investment process focused on helping investors achieve successful retirement outcomes and invests in underlying funds that invest primarily in securities of issuers that FMR believes have proven or improving sustainability practices or positive environmental, social and governance characteristics.