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Specialized Funds: Commodity

Commodity-focused stock funds invest in companies principally engaged in the energy, metals, and agriculture industries. These funds may also invest directly in physical commodities or commodity-linked derivatives.

Reasons to consider commodity-focused stock funds

  • Tend to react differently to changing market conditions than traditional stocks and bonds, providing potential for diversification
  • Potential protection of purchasing power from inflation
  • Potential to rise in value along with the price of a particular commodity

Fidelity commodity-focused funds

Fidelity offers a number of equity mutual funds that can provide investors with exposure to companies engaged in commodity-related businesses. You can choose a fund that focuses on a single commodity, such as gold, or one that invests in a blend of commodity categories such as energy, precious metals, or agricultural products.

Understanding what you own

In looking at the allocations of the funds shown above, it’s important to remember the kinds of securities these funds hold, as well as what they don’t hold. These Fidelity funds do not invest in actual commodities, commodity futures, commodity derivatives, or commodity indices. Instead, they own the stocks of companies that are engaged in commodity production, such as those companies that are mining, processing, or distributing raw materials like gold or oil.

Questions?

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.
Fidelity Commodity-Focused Funds are considered non-diversified and may focus on a relatively small number of stocks/issuers which may result in greater volatility than diversified funds and the market as a whole.

Past performance is no guarantee of future results.

Diversification does not ensure a profit or guarantee against loss.

Indexes are unmanaged. It is not possible to invest directly in an index.

Stock markets, especially foreign markets, are volatile and can decline significantly in response to adverse issuer, political, regulatory, market, or economic developments.
Foreign securities are subject to interest rate, currency exchange rate, economic, and political risks.
The commodities industries can be significantly affected by commodity prices, world events, import controls, worldwide competition, government regulations, and economic conditions.
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