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Robert Lee

Portfolio manager and co-leader of Fidelity’s global Consumer Staples research team

Biography

Robert Lee is a portfolio manager at Fidelity Management & Research Company (FMRCo), the investment advisor for Fidelity's family of mutual funds. Since 2004, Mr. Lee has managed both Select Consumer Staples Portfolio and Fidelity Advisor Consumer Staples Fund. He also co-manages Fidelity VIP Balanced Portfolio (since 2014), Fidelity Stock Selector All Cap Fund (since 2009), Fidelity Advisor Stock Selector All Cap Fund (since 2009), Fidelity Series Broad Market Opportunities Fund (since 2009), Fidelity Balanced Fund (since 2008), Fidelity Advisor Balanced Fund (since 2008), Fidelity Series All-Sector Equity Fund (since 2008), and Fidelity VIP Contrafund Portfolio (since 2007).

Mr. Lee joined Fidelity in 2001 as a research analyst following the business services and supply chain technology industries. In 2003, he began following the restaurant industry, and added the food and beverage industries in 2004. Before joining Fidelity, Mr. Lee worked as a summer equities associate with Goldman, Sachs & Co. He also worked as a financial analyst for Adshel Inc. from 1998 to 2000, where he was responsible for evaluating potential acquisitions and new business development opportunities within a high-growth segment of the outdoor media industry. Mr. Lee has been in the investments industry since joining Chase Securities Inc. in 1995 as a financial analyst in the Global Investment Banking Division.

Mr. Lee earned his BS in management from Babson College in 1995 and his MBA from the Wharton School at the University of Pennsylvania in 2001. He is a Chartered Financial Analyst (CFA) charterholder.

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.

Stock markets, especially foreign markets, are volatile and can decline significantly in response to adverse issuer, political, regulatory, market, or economic developments. Sector funds can be more volatile because of their narrow concentration in a specific industry.

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