Fidelity Funds

* For periods of less than one year, the life of fund number is represented by a cumulative total return. Data in bold represent funds with less than 10 years.

† Gross Expense Ratio is the total annual class operating expense ratio from the most recent prospectus and generally is based on amounts incurred during the most recent fiscal year. Net Expense Ratio is the total annual fund or class operating expense from the fund's most recent prospectus, after any fee waiver and/or expense reimbursements that will reduce any fund operating expenses for no less than one year from the effective date of the fund's registration statement. This number does not include any fee waiver arrangement or expense reimbursement that may be terminated without agreement of the fund's board of trustees during the one-year period.

Commodity interest trading involves substantial risk of loss. Past Performance is not indicative of future results.

Fidelity AMT Tax-Free Money, Fidelity Fifty, Fidelity Growth Company, Fidelity Municipal Income 2015, Fidelity Small Cap Discovery, Fidelity Small Cap Value and Fidelity Treasury Money Market funds are closed to new investors.

Fidelity Commodity Strategy, Fidelity Series 100 Index, Fidelity Series All-Sector Equity, Fidelity Series Broad Market Opportunities, Fidelity Series Commodity Strategy Fund - Series Class, Fidelity Series Emerging Markets, Fidelity Series Emerging Markets Debt, Fidelity Series Global ex U.S. Index, Fidelity Series High Income, Fidelity Series Inflation-Protected Bond Index, Fidelity Series International Small Cap, Fidelity Series International Growth, Fidelity Series International Value, Fidelity Series Investment Grade Bond, Fidelity Series Large Cap Value Fund and Fidelity Series Small Cap Opportunities are closed to public.

The current yield more closely reflects the current earnings of the portfolio, while total return refers to a specific past holding period.

Average annual total returns are historical and include changes in share price and reinvestment of dividends and capital gains.

Important Performance Information

Returns shown for MSCI U.S. IMI Banks 5% Capped Index for the periods prior to September 1, 2016 are returns of MSCI U.S. IMI Banks 25/50 Index; returns shown for periods prior to January 1, 2010 are returns of the MSCI U.S. IM Banks Index. Returns shown for MSCI U.S. IMI Financials 5% Capped Index for the periods prior to September 1, 2016 are returns of MSCI U.S. IMI Financials 25/50 Index; returns shown for periods prior to January 1, 2010 are returns of the MSCI U.S. IM Financials Index.

Prior to 7/1/99, 2/1/07, 2/1/07, 12/1/10 and 6/1/11, respectively, Value Strategies, Trend, Growth Discovery, Emerging Asia, and Global Strategies operated under certain different investment policies and compared their performance to a different benchmark. Prior to 2/11/00, 9/1/00, 12/29/01, 10/1/04 and 12/1/07, respectively, Aggressive International, China Region, Focused Stock, International Discovery, and Mega Cap Stock operated under certain different investment policies. These funds' historical performance may not represent their current investment policies.

Prior to 10/1/06 Select IT Services, Select Consumer Discretionary, Select Industrials, Select Communications Equipment, Select Consumer Staples, and Select Materials were named Select Business Services and Outsourcing, Select Consumer Industries, Select Cyclical Industries, Select Developing Communications, Select Food and Agriculture, Select Industrial Materials, respectively. These funds and Select Utilities Growth operated under certain different investment policies and compared their performance to different secondary benchmarks prior to 10/1/06. Prior to 7/1/10 Select Environment and Alternative Energy was named Select Environmental and compared its performance to a different secondary benchmark. The funds' historical performance may not represent their current investment policies.

Prior to 12/1/18, Select Communication Services operated under certain different investment policies and compared its performance to a different benchmark. The fund's historical performance may not reflect its current investment policies. Index returns shown for the period January 1, 2010, to November 30, 2018, are returns of the MSCI U.S. IM Media 25/50 Index. Index returns shown for periods prior to January 1, 2010, are returns of the MSCI U.S. IM Media Index.

From time to time, FDC LLC or its affiliates may pay its representatives additional compensation if they meet certain targets related to sales of the Fidelity funds, which may be weighted at different rates. Furthermore, certain representatives may be considered product specialists and may receive compensation, which may be weighted at different rates, solely for the sales of specific types of funds in which they specialize.