Before investing in any mutual fund or exchange-traded fund, you should consider its investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus, offering circular or, if available, a summary prospectus containing this information. Read it carefully.
Stock markets are volatile and can fluctuate significantly in response to company, industry, political, regulatory, market, or economic developments. Investing in stock involves risks, including the loss of principal.
Because of their narrow focus, sector investments tend to be more volatile than investments that diversify across many sectors and companies.
1. The lower-expense Loyalty Class 1 and Loyalty Class 2 shares of a fund are generally available only to investors who purchase their shares through a Fidelity retail or retirement brokerage account and have held their Retail Class shares continuously in the same account for one and three years, respectively. For more information, click here
Investing involves risk, including risk of loss.
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