Portfolio Manager Appointments

Effective March 15, 2022:

Deane Gyllenhaal announced his retirement from Geode Capital Management and is no longer a senior portfolio manager on the following Fidelity Equity Index Funds, which are sub-advised by Geode. These strategies continue to be managed by a highly experienced team of portfolio managers.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.
Keep in mind that investing involves risk. The value of your investment will fluctuate over time and you may gain or lose money.
Fidelity Brokerage Services LLC, Member NYSE, SIPC 900 Salem Street, Smithfield, RI 02917
Fidelity Distributors Company LLC, 500 Salem Street, Smithfield, RI 02917
National Financial Services LLC, Member NYSE, SIPC, 200 Seaport Boulevard, Boston, MA 02110
© 2022 FMR LLC. All rights reserved.
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Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.
Past performance is no guarantee of future results.
Keep in mind that investing involves risk. The value of your investment will fluctuate over time and you may gain or lose money.
Fidelity Brokerage Services LLC, Member NYSE, SIPC 900 Salem Street, Smithfield, RI 02917
Fidelity Distributors Company LLC 500 Salem Street, Smithfield, RI 02917
National Financial Services LLC, Member NYSE, SIPC 200 Seaport Boulevard, Boston, MA 02110
© 2021 FMR LLC. All rights reserved.
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Effective March 1, 2021:

Michael Maka succeeds Eric Golden as a co-portfolio manager on Fidelity® Municipal Bond Index Fund , joining the fund’s existing co-portfolio managers, Brandon Bettencourt and Richard Munclinger.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.
Keep in mind that investing involves risk. The value of your investment will fluctuate over time and you may gain or lose money.
Fidelity Brokerage Services LLC, Member NYSE, SIPC 900 Salem Street, Smithfield, RI 02917
Fidelity Distributors Company LLC, 500 Salem Street, Smithfield, RI 02917
National Financial Services LLC, Member NYSE, SIPC, 200 Seaport Boulevard, Boston, MA 02110
© 2021 FMR LLC. All rights reserved.
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Effective February 18, 2021:

Bill Maclay will assume sole portfolio management responsibilities on Fidelity® Real Estate Income Fund and the real estate income subportfolio of Fidelity® Strategic Real Return Fund , succeeding his co-manager, Mark Snyderman, who has expressed his desire to retire from Fidelity on June 30, 2021. The managers will continue to work together through the first half of 2021 to ensure a smooth transition.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.
Keep in mind that investing involves risk. The value of your investment will fluctuate over time and you may gain or lose money.
Fidelity Brokerage Services LLC, Member NYSE, SIPC 900 Salem Street, Smithfield, RI 02917
Fidelity Distributors Company LLC, 500 Salem Street, Smithfield, RI 02917
National Financial Services LLC, Member NYSE, SIPC, 200 Seaport Boulevard, Boston, MA 02110
© 2021 FMR LLC. All rights reserved.
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Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.
Keep in mind that investing involves risk. The value of your investment will fluctuate over time and you may gain or lose money.
Fidelity Brokerage Services LLC, Member NYSE, SIPC 900 Salem Street, Smithfield, RI 02917
Fidelity Distributors Company LLC, 500 Salem Street, Smithfield, RI 02917
National Financial Services LLC, Member NYSE, SIPC, 200 Seaport Boulevard, Boston, MA 02110
© 2021 FMR LLC. All rights reserved.
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Effective January 28, 2021:

Stephen Lieu was appointed co-portfolio manager of Fidelity® Pacific Basin Fund, alongside Bruce MacDonald and Kirk Neureiter.

Tak Nishikawa and Steven Kaye succeeded Jane Wu as co-portfolio managers responsible for the health care sleeve of Fidelity® Total Emerging Markets Fund. Additionally, Pri Bakshi was appointed co-portfolio manager responsible for the information technology sleeve of the fund with Xiaoting Zhao, who also manages the communication services sleeve. Pri Bakshi will become the sole manager after a brief transition period.

Greg Lee succeeded Jane Wu as co-portfolio manager responsible for the health care sleeve of Fidelity® Emerging Markets Discovery Fund. He also was added as co-portfolio manager to the fund’s information technology sleeve with Xiaoting Zhao, who also manages the communication services sleeve. Greg Lee will become the sole manager after a brief transition period.

Peifang Sun was appointed co-portfolio manager of Fidelity® China Region Fund, alongside co-portfolio managers Stephen Lieu and Ivan Xie. Stephen will remain on the fund through August 31, 2021.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.
Keep in mind that investing involves risk. The value of your investment will fluctuate over time and you may gain or lose money.
Foreign markets can be more volatile than U.S. markets due to increased risks of adverse issuer, political, market, or economic developments, all of which are magnified in emerging markets. These risks are particularly significant for investments that focus on a single country or region.
Fidelity Brokerage Services LLC, Member NYSE, SIPC 900 Salem Street, Smithfield, RI 02917
Fidelity Distributors Company LLC, 500 Salem Street, Smithfield, RI 02917
National Financial Services LLC, Member NYSE, SIPC, 200 Seaport Boulevard, Boston, MA 02110
© 2021 FMR LLC. All rights reserved.
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