Before investing in any mutual fund, consider the investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.
1. Past performance is no guarantee of future results. It is not possible to invest directly in an index. All indices are unmanaged. Hypothetical "globally balanced portfolio" is rebalanced monthly in 70% U.S. equities, 25% developed-market (DM) equities, and 5% emerging-market (EM) equities. U.S. equities – S&P 500 Total Return Index; DM equities – MSCI EAFE Index (1978-2013), Ibbotson (1970-1977), Global Financial Data (GFD) World x/USA Return Index (1950-1969); EM equities – MSCI EM Index (1988-2013), GFD Emerging Markets Index (1950-1987). The international portfolio is 100% DM equities. Source: FactSet, GFD, Ibbotson, Fidelity Investments (AART), as of 3/31/15.
2. Source: MSCI country index returns for all countries in the MSCI ACWI IMI Index from 12/31/1985 to 12/31/2016.
3. Source: World Nominal GDP from IMF’s World Economic Outlook Database, October 2016.
4. Source: FactSet as of 12/31/16. Data presented for the MSCI ACWI IMI Index, which represents 46 countries and contains 8,628 stocks. The index is not intended to represent the entire global universe of tradable securities.
Diversification and asset allocation do not ensure a profit or guarantee against loss.
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.
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.