Effective July 1, 2009:

Robert Galusza has been named lead portfolio manager of Fidelity Intermediate Bond Fund and Fidelity Advisor Intermediate Bond Fund, which he will manage with co-portfolio manager Ford O'Neil. Galusza will continue to manage Fidelity Short-Term Bond Fund, Fidelity Advisor Short Fixed-Income Fund, Fidelity Ultra-Short Bond Fund and Fidelity Advisor Ultra-Short Bond Fund, for which he assumed responsibility in July 2007. He also will continue to manage short- duration portfolios for institutional clients. Galusza joined Fidelity in 1987 as a fixed income portfolio analyst. Previously, he was an international underwriter for Chubb and Son Inc., in Washington, D.C. from 1985 to 1987, performing risk analysis on international corporations.

Sonu Kalra has been named portfolio manager of Fidelity Blue Chip Growth Fund, succeeding Jennifer Uhrig. Kalra has been managing Fidelity OTC Portfolio since 2005. He joined Fidelity in 1998 as an analyst covering the radio, television and entertainment industries, and subsequently followed various sectors within the technology industry including hardware, software, networking and Internet stocks. Kalra also served as technology sector leader from 2002 until 2005, and managed Select Networking and Infrastructure Portfolio in 2002. He managed Select Technology Portfolio, Fidelity Advisor Technology Fund, VIP Technology Portfolio, and Select Computers Portfolio from 2002 until 2005, when he assumed responsibility for OTC Portfolio.

Gavin Baker has been named portfolio manager of Fidelity OTC Portfolio, succeeding Kalra. Baker will continue to manage Select Wireless Portfolio. He joined Fidelity's equity research department in 1999 following the cement and building materials industries, and subsequently followed the semiconductor industry. In 2002, Baker began following the pharmaceutical sector, and managed Select Pharmaceuticals Portfolio from 2002 to 2005. He then started following large–cap consumer stocks before assuming in 2006 the role of diversified analyst working with the large– cap growth group. In 2007, Baker began managing Select Wireless Portfolio, Select Telecommunications Portfolio, Fidelity Advisor Telecommunications Fund, and VIP Telecommunications Portfolio. Prior to joining Fidelity, Baker was an equity research intern at Lehman Brothers in San Francisco in 1998 and an investment services group intern for Donaldson, Lufkin & Jenrette in Boston in 1996.

Kristina M. Salen has been named portfolio manager of Select Telecommunications Portfolio, Fidelity Advisor Telecommunications Fund and VIP Telecommunications Portfolio, succeeding Baker. Salen will continue to manage Select Multimedia Portfolio, which she has managed since 2006. She joined Fidelity in 2006 as an equity research analyst following the U.S. media, cable, satellite, and Internet industries. Previously, she served as an assistant vice president and equity analyst covering the U.S. media, cable, satellite, and Internet industries – and earlier the beverage industry — for Oppenheimer Capital in New York from 2002 to 2005. From 1998 to 2001, Salen was a vice president and equity analyst following the retail, beverage and steel sectors in emerging markets for Merrill Lynch Investment Managers in Plainsboro, NJ. She also served as an equity analyst following the beverage and retail sectors in Latin America and Eastern Europe for Lazard Freres & Co., LLC, in New York from 1997 to 1998, and as a research associate assisting in the research of the Latin American retail sector for SBC Warburg, Inc. in New York from 1995 to 1997.

Kyle L. Weaver has been named co-portfolio manager of Select Wireless Portfolio, which he will manage with Baker. Weaver will continue to manage Select IT Services Portfolio, for which he assumed responsibility in 2009. Since joining Fidelity in 2008 as an equity analyst, Weaver has followed companies in the telecommunications and IT services sectors. Previously, he was a research analyst and portfolio manager for RiverSource Investments, LLC, covering the IT services, consumer retail and telecommunications sectors, beginning in 2002. From 2001 to 2002, Weaver was an analyst for Bain Capital, LLC, where he conducted due diligence for several private equity transactions. He began his career with Bain & Company as an associate analyst in 1999.

Effective June 1, 2009:

Geoffrey D. Stein has been named portfolio manager of the Fidelity Asset Manager Funds, VIP Asset Manager Portfolio and VIP Asset Manager Growth Portfolio, succeeding Derek L.Young. He also has been named co–portfolio manager of Fidelity Global Balanced Fund with Ruben Calderon and co–portfolio manager of Fidelity Series Broad Market Opportunities Fund with Christopher L. Sharpe, succeeding Young on both funds. Stein joined Fidelity in 1994 as director of portfolio management for Strategic Advisers, Inc. (SAI), overseeing asset allocation strategy, mutual fund and portfolio construction in discretionary programs for retail investors, including Fidelity Portfolio Advisory Service and Private Portfolio Service. Prior to this role, Stein served as director of the Portfolio Analysis Group for Fidelity Management & Research Company, responsible for analyzing and communicating equity fund investment performance and strategies for senior management, institutional clients and retail shareholders.

Christopher Sharpe will join Joanna Bewick as co–portfolio manager of the Fidelity, Advisor and VIP Fidelity Strategic Income Funds, Fidelity Strategic Real Return Fund and Fidelity Strategic Dividend & Income Fund, succeeding Derek Young. He will join Geoff Stein as co–portfolio manager of Fidelity Series Broad Market Opportunities Fund, succeeding Henry Jaung. He will also join Andrew J. Dierdorf as co–portfolio manager of Fidelity Four–In–One Index Fund, succeeding William Hall. Sharpe will continue to manage the Fidelity Freedom Funds, Fidelity Advisor Freedom Funds, VIP Freedom Funds, VIP Investor Freedom Funds, Fidelity Freedom K Funds and the Fidelity 529 college savings plan for New Hampshire, Massachusetts, Delaware, Arizona and California. Sharpe joined Fidelity in 2002 as an asset allocation director in the Structured Investment Group and has been a portfolio manager since 2005. Prior to joining Fidelity, Sharpe was investment policy officer in the Investment Strategy Group with John Hancock Financial Services, Inc., in Boston. From 1990 to 2000, he was a consultant and investment actuary with Mercer Human Resources Consulting, Inc., in Boston.

Andrew Dierdorf will join Jonathan A. Shelon as co–portfolio manager of the Fidelity Income Replacement Funds succeeding Sharpe. He will continue to co–manage the Fidelity Four–in–One Index Fund, Fidelity’s 529 College Savings Plans and the Fidelity Dynamic Strategies Fund. Prior to joining Fidelity in 2004, Dierdorf worked for CIGNA, where he held various actuarial and investment positions.

Effective May 1, 2009:

Melissa M. Reilly has been named portfolio manager of Fidelity Nordic Fund, succeeding Ronald Port. Reilly will continue to serve as portfolio manager of Fidelity Europe Fund, Fidelity Europe Capital Appreciation Fund, and Fidelity Advisor Europe Capital Appreciation Fund, and co–manager of Fidelity Global Balanced Fund. Reilly joined Fidelity in 2004 as an equity research analyst in the global research team. From 2005 until 2008, she managed a global consumer fund available exclusively to Canadian investors. In 2007, Reilly began managing Fidelity Europe Capital Appreciation Fund, Fidelity Advisor Europe Capital Appreciation Fund, and co–managing Fidelity Global Balanced Fund. In 2008, she was appointed portfolio manager of Fidelity Europe Fund. Prior to joining Fidelity, Reilly was a senior vice president and portfolio manager for Putnam Investments, where she worked from 1999 to 2004. Reilly’s responsibilities at Putnam included managing several European portfolios as well as following a wide variety of European companies. She previously worked for Morgan Stanley & Co. from 1995 to 1997, as an associate in the equity research department. Reilly began her career with Anderson Consulting in New York in 1993 as a staff consultant.

Effective April 1, 2009:

John Mirshekari has been named portfolio manager of Fidelity Select Air Transportation Portfolio and John Sheehy has been named portfolio manager of Fidelity Select Defense and Aerospace Portfolio, both succeeding Maurice FitzMaurice. Mirshekari will continue to manage Fidelity Select Transportation Fund, for which he assumed responsibility in 2009. He joined Fidelity's equity research department in 2003 following the trucking, logistics and recreational vehicle industries, and has followed transportation-related industries since then. Sheehy currently manages Select Paper and Forest Products Portfolio, for which he assumed responsibility in 2008. He joined Fidelity in 2007 as an equity research analyst covering companies in the paper, forest products and packaging sectors. Prior to joining Fidelity, Sheehy was an audit manager from 1998 until 2005 for Deloitte LLP. In this role, he managed audit relationships with mid-cap companies in the manufacturing and consumer products industries.

Matthew M. Fruhan has been named portfolio manager of Fidelity Mega Cap Stock Fund, succeeding Richard R. Mace Jr., who is retiring from portfolio management after 22 years at Fidelity. Fruhan will continue to manage Fidelity Large Cap Stock Fund and Fidelity Advisor Large Cap Fund, which he has managed since 2005. Fruhan initially joined Fidelity's High-Income Division in 1995, and rejoined Fidelity full-time as an equity research analyst in 1999 following the food and supermarket industries. Fruhan managed Fidelity Select Consumer Staples Portfolio from 1999 to 2001. He also managed Fidelity Select Air Transportation Portfolio from 2001 to 2002 and Fidelity Select Defense and Aerospace Portfolio from 2001 to 2003. In addition, he managed Fidelity Select Industrials Portfolio, Fidelity Advisor Industrials Fund and VIP Industrials Portfolio, and served as Industrials sector leader, from 2002 to 2004. He managed Fidelity Select Financial Services Portfolio, Fidelity Advisor Financial Services Fund and VIP Financial Services Portfolio, and served as Financial Services sector leader, from 2004 to 2005.

Effective February 27, 2009:

Edward (Eddie) Lee Yoon has been named sole portfolio manager of Select Health Care Portfolio, Fidelity Advisor Health Care Fund, and VIP Health Care Portfolio, funds that he formerly co-managed with Matthew Sabel. Yoon will continue to manage Select Medical Equipment and Systems Portfolio. He joined Fidelity in July 2006 as a research analyst following the medical technology sector, and in 2007 was named portfolio manager of Select Medical Equipment and Systems Portfolio. He was named co-sector leader of the health-care team and was appointed co-manager of Select Health Care Portfolio, Fidelity Advisor Health Care Fund, and VIP Health Care in 2008. Prior to joining Fidelity, Yoon was an analyst and co-portfolio manager for JP Morgan Asset Management from 2002 until 2006.

Andrew G. Hatem has been named portfolio manager of Select Medical Delivery Portfolio, also succeeding Sabel. Hatem has been following health-care stocks since mid-2008 as an equity research analyst. He joined Fidelity Investments Institutional Services Company (FIIS) in 1994 and served in various analyst roles in the Investment Services Group until 1998, when he joined Fidelity's equity research group. From 1998 to 2000, Hatem served as a natural resources sector research specialist. He then followed specialty retail and commercial services stocks from 2000 until 2003, when he began following savings & loan and commercial bank stocks. In 2004, Hatem added defense, aerospace, airline, and government information technology stocks to his responsibilities. Hatem managed Select Air Transportation Portfolio from 2005 until 2007 and Select Defense and Aerospace Portfolio from 2005 until 2008.

Douglas Simmons has been named portfolio manager of Select Environmental Portfolio, succeeding Stavros Koutsantonis II. Simmons will continue to manage Fidelity Telecom and Utilities Fund, Select Utilities Portfolio, Fidelity Advisor Utilities Fund, and VIP Utilities Portfolio. He also will continue to serve as a co-manager of VIP Contrafund, Fidelity Balanced Fund and Fidelity Advisor Balanced Fund, as a member of Fidelity's Multi-Manager Group. Simmons joined Fidelity's equity research group in 2003 following environmental and electric and gas utility stocks. He formerly managed Select Environmental Portfolio from 2004 until 2007. Simmons assumed responsibility for Fidelity Telecom and Utilities Fund in 2005 and was named portfolio manager of Select Utilities Portfolio, Fidelity Advisor Utilities Fund and VIP Utilities Portfolio in 2006. In 2007, he was appointed to Fidelity's Multi-Manager Group and began managing the telecommunications services and utilities sub-portfolios of VIP Contrafund. He began managing the same sub-portfolios of Fidelity Balanced Fund and Fidelity Advisor Balanced Fund in 2008.

Brian Lempel has been named portfolio manager of Select Software and Computer Services Portfolio, succeeding Mayank Tandon. Since joining Fidelity in 2004, Lempel has followed companies in the technology sector. For the past three years, he has covered the storage hardware, memory, and distribution industries.

John Mirshekari has been named portfolio manager of Select Transportation Portfolio, succeeding Anton An. Mirshekari joined Fidelity's equity research group in 2003, and has followed a number of sectors in the transportation sector including trucking, shipping, and recreational vehicles. In 2008, he joined the small-cap team, and recently returned to the cyclical group to follow companies in the transportation sector.

Michael K. Weaver has been named portfolio manager of Select Automotive Portfolio, succeeding Alton "Lee" Miles, III. Since joining Fidelity's High-Income Division in 2005, Weaver has followed a number of sectors including cable, satellite, diversified media, and radio/TV broadcasting. In 2007, he started to follow the automotive and financial sectors. Prior to joining Fidelity, he served as a senior high-yield analyst covering telecom, media, technology, and entertainment sectors at Janus Capital Group from 2003 to 2005. Weaver previously worked at JP Morgan from 2000 to 2003 as an investment banking associate in the technology, media and telecom group. Weaver started his career at Barclays Capital as an investment banking analyst in the media and telecom group in 1998.

Effective February 4, 2009:

William Bower has been named portfolio manager of Fidelity Advisor Diversified International Fund, succeeding Penelope A. Dobkin. Bower will continue to manage Fidelity Diversified International Fund, which he has managed since 2001. Bower joined Fidelity in 1994, following an internship in the summer of 1993, as an analyst following the building materials, housing, recreational vehicle, manufactured-housing industries, mortgage banking and household products. He managed Fidelity Select Construction & Housing Portfolio from 1994 to 1996. In 1996, Bower moved to Fidelity's international group as an equity analyst, and subsequently served as sector leader of international research, spearheading the globalization effort of Fidelity's international research analysts. He managed Fidelity International Growth & Income Fund from 1998 to 2001, and Fidelity Advisor Diversified International Fund from 2001 to 2004. He also co-managed Fidelity Advisor Global Capital Appreciation Fund from 2004 until 2006.

Adam J. Kutas has been named portfolio manager of Fidelity Latin America Fund and Fidelity Advisor Latin America Fund, succeeding Brent B. Bottamini. Kutas will continue to manage Fidelity Emerging Europe, Middle East and Africa (EMEA) Fund (with retail and Advisor share classes), which he has managed since its launch in 2008. Kutas joined Fidelity International Canada Unlimited (FICU) in 1996 as a research analyst, and managed FICU's fund analysis and research group from 1997 to 1999. He then moved to Boston and joined the Canadian Equity research team, following Canadian equity securities across a variety of sectors, while also managing Canadian portfolios available exclusively to foreign investors. In 2004, Kutas joined the Latin America research team, and followed companies in the banking, energy, mining, paper, steel, and transportation industries. He co-managed Fidelity Latin America Fund and Fidelity Advisor Latin America Fund from 2005 until 2006, when he moved to Fidelity's London office. Prior to joining Fidelity, Kutas spent two years in Hong Kong as an analyst for BZW Investment Management from 1995 to 1996, and as a research analyst for Richmont Asia Pacific Ltd. from 1994 to 1995. He started his career in 1992 as a stock expediter in the Canadian Equity Clearing group for RBC Dominion Securities in Toronto.

Effective February 1, 2009:

Jamie Pagliocco has been named co-manager of Fidelity Municipal Income Fund and Fidelity Advisor Municipal Income Fund and lead manager of Fidelity Tax-Free Bond Fund. He will co-manage all three funds with their current portfolio manager Christine Thompson, who will serve as lead manager of Fidelity Municipal Income and Fidelity Advisor Municipal Income funds. Pagliocco also will assume management of Fidelity New Jersey Municipal Income Fund, succeeding Mark Sommer. Pagliocco joined Fidelity's Fixed-Income Division in 2001 as a municipal bond trader. In June 2005, he was named assistant head trader for Fixed-Income, trading municipal bonds and managing other municipal traders. Pagliocco also currently manages Fidelity California Municipal Income Fund, Fidelity Advisor California Municipal Income Fund, Fidelity California Short-Intermediate Tax-Free Bond Fund, Fidelity Michigan Municipal Income Fund and Fidelity Ohio Municipal Income Fund, for which he assumed responsibilities in July 2006. Prior to joining Fidelity, he worked as a trader and salesperson at William E. Simon & Sons Municipal Securities in Morristown, New Jersey. Christine will continue to manage Fidelity Arizona Municipal Income Fund, Fidelity Massachusetts Municipal Income Fund, and Fidelity Minnesota Municipal Income Fund.

Curt Hollingsworth has been named portfolio manager of Fidelity Spartan Short-Term Treasury Bond Index Fund, Fidelity Spartan Intermediate Treasury Bond Index Fund and Fidelity Spartan Long-Term Treasury Bond Index Fund, succeeding Bill Irving. He also will serve as lead manager of Fidelity U.S. Bond Index Fund, co-managing the fund with its current portfolio manager, Ford O'Neil. Hollingsworth has served as head of bond trading for the Fixed-Income Division since 2006. He joined Fidelity in 1983 as a trader for Fidelity Brokerage Services before joining the Fixed Income Division as a corporate bond trader in 1985. In 1987, he became a portfolio manager, managing the investment-grade bond component of Fidelity Balanced Fund from 1987 to 1990. He managed Fidelity Government Income Fund from 1990 to 1995 and Fidelity Ginnie Mae Fund from 1997 to 1998. From 2000 to 2006, he served as head of money market trading.

Ruben F. Calderon has been named co-lead portfolio manager on Global Balanced Fund, which he will co-manage with current portfolio manager Derek L. Young. Young will continue to manage the Fidelity Asset Manager Funds and co-manage Fidelity Strategic Dividend and Income Fund, Fidelity Strategic Income Fund, Fidelity Advisor Strategic Income Fund, and Fidelity Strategic Real Return Fund. Calderon joined Fidelity in 1995 as a Latin American technical analyst, and, in 1997, became a global emerging markets analyst developing recommendations on emerging market stocks and developing an integrated approach incorporating technical analysis to quantitative models. He also worked on determining performance drivers for emerging and Asian equity markets and sectors. In December 2002, this focus was expanded to include developed equity markets. In 2005, Calderon began serving as assistant manager on Fidelity Global Balanced Fund. Prior to joining Fidelity, Calderon was with the Bank Credit Analyst Research Group in Montreal, Canada.

Benjamin Hesse has been named sole portfolio manager of Fidelity Select Financial Services Portfolio, Fidelity Advisor Financial Services Fund, and VIP Financial Services Portfolio, on which he formerly served as co-manager with Richard D. Manuel, Jr. Hesse will continue to manage Fidelity Select Brokerage and Investment Management Portfolio. He joined Fidelity in 2005 as an equity research analyst following the processing and analytics industries. In 2006, Hesse assumed responsibility for Fidelity Select IT Services Portfolio, which he managed until 2007. He began managing Fidelity Select Brokerage and Investment Management Portfolio in 2007, and was named co-manager on Fidelity Select Financial Services Portfolio, Fidelity Advisor Financial Services Fund, and VIP Financial Services Portfolio in 2008. Previously, Hesse served as a small- cap analyst at Credit Suisse Asset Management in New York in 2004.

Christopher T. Lee has been named portfolio manager of Fidelity Select Home Finance Portfolio, also succeeding Manuel. Lee recently transitioned to following companies in the financial sector. He joined Fidelity in 2004 as an equity analyst following semiconductor stocks, and managed Fidelity Select Electronics Portfolio and Fidelity Advisor Electronics Fund from 2007 until 2008. Lee previously served as an analyst intern for Minot Capital Management in Boston during the summer of 2003. From 1999 to 2002, he was an associate in the Technology Group for TA Associates, a private equity firm in Boston. Lee began his career at Robertson Stephens, a San Francisco-based investment bank servicing emerging companies in technology and other high-growth industries, where he served as a financial analyst in the technology group from 1997 until 1999.

Kyle L. Weaver has been named portfolio manager of Fidelity Select IT Services Portfolio, succeeding Jane Y. Liou. Since joining Fidelity in 2008 as an equity analyst, Weaver has followed companies in the telecommunications and IT services sectors. Previously, he was a research analyst and portfolio manager for RiverSource Investments, LLC, covering the IT services, consumer retail and telecommunications sectors beginning in 2002. From 2001 to 2002, Weaver was an analyst for Bain Capital, LLC, where he conducted due diligence for several private equity transactions. He began his career with Bain & Company as an associate analyst in 1999.

Effective January 23, 2009:

Stephen R. Petersen has been named portfolio manager of Fidelity Equity-Income II Fund and Fidelity Advisor Equity Income Fund, succeeding C. Robert Chow. Petersen will continue to manage Fidelity Equity-Income Fund and VIP Equity-Income Portfolio. He joined Fidelity in 1980 as a research analyst covering the airline and insurance industries. In 1985, he began managing large cap value portfolios for institutional clients. From 1996 to 1997, he managed Fidelity Balanced Fund. He was named manager of Fidelity Equity-Income Fund in 1993 and VIP Equity-Income Portfolio in 1997. From 2000 until 2008, he also managed Fidelity Puritan Fund.

Steven C. Calhoun has been named portfolio manager of Fidelity Mid Cap Growth Fund, (with retail and Advisor share classes), succeeding Patrick L. Venanzi. Calhoun will continue to manage Fidelity Aggressive Growth Fund, Fidelity Advisor Aggressive Growth Fund and VIP Aggressive Growth Portfolio, each of which he has managed since 2005. Calhoun joined Fidelity's equity research group in 1994 following specialty chemical companies and other cyclical industries. From 1997 to 1999, he was director of associate research and was responsible for recruiting, mentoring and training research associates within the equity division. He was appointed portfolio manager in 1999, and managed Fidelity Select Retailing Portfolio until 2002. He then managed a number of Fidelity's health-care funds from 2002 until 2004, while also serving as sector leader for the health-care equity research group. In 2005, Calhoun served as co-manager on Fidelity Mid-Cap Stock Fund.

Steven S. Wymer has been named portfolio manager of Fidelity Advisor Growth Opportunities Fund and VIP Growth Opportunities Portfolio, succeeding John R. Porter III. Wymer will continue to manage Fidelity Growth Company Fund, which he has managed since 1997. Wymer joined Fidelity in 1989 as an equity research analyst following the chemical, automotive parts and leisure durables industries. In 1990, he was named portfolio manager for Fidelity Select Automotive Portfolio, which he managed through 1992. Wymer also managed Fidelity Select Chemicals Portfolio from 1993 to 1994. In 1995, he was named portfolio manager of Fidelity Dividend Growth Fund, which he managed until 1997.

Effective January 12, 2009:

James F. Catudal has been named portfolio manager of Fidelity Growth & Income Portfolio, succeeding Timothy M. Cohen. Catudal will continue to manage Fidelity Advisor Growth & Income Fund, VIP Growth & Income Portfolio and Fidelity Stock Selector Fund. He joined Fidelity in 1997 as an equity research analyst following North American non-ferrous metals companies. Catudal managed Fidelity Select Energy Services Portfolio from 1998 to 2000. He managed Fidelity Select Financial Services Portfolio, Fidelity Advisor Financial Services Fund, and served as Fidelity's financial services sector leader, from 2000 to 2001. Catudal also managed VIP Financial Services Portfolio in 2001 . He began managing Fidelity Stock Selector Fund in 2001 and Fidelity Advisor Growth & Income Fund and VIP Growth & Income Portfolio in 2005. Previously, Catudal worked for State Street Research & Management as an equity analyst with the aggressive growth team, where he followed banks, thrifts, and Real Estate Investment Trusts (REITs). He also worked for Textron, McCord Winn Division, from 1987 to 1993, beginning as a quality engineer and finishing as the divisional quality manager, responsible for overseeing three manufacturing plants. He began his career as a process control engineer for Union Carbide Corporation, Bennington, Vermont, in 1983.

Effective January 1, 2009:

Stephen Barwikowski and Christopher Lin have been named co–portfolio managers of Fidelity Select Electronics Portfolio and Fidelity Advisor Electronics Fund, succeeding Paul Jackson and Christopher Lee. Barwikowski has been serving as a research analyst following technology and telecommunications companies within Fidelity’s High–Income Division since 2002. After joining Fidelity in 1999, he also covered the restaurant, supermarket, small–cap gaming, and small–cap technology sectors in the high–yield area until 2002. Lin has been following the semiconductor and video game industries as an equity research analyst since July 2008. He joined Fidelity’s equity research group in 2003 and previously followed biotechnology and health–care services stocks.

Effective January 1, 2009:

Andrew J. Dierdorf and William Hall have been named co–portfolio managers of Fidelity Four–In–One Index Fund, succeeding Derek L. Young and Christopher L. Sharpe. Young will continue to manage the Fidelity Asset Manager Funds and Fidelity Global Balanced Fund. Also, he will continue to co–manage Fidelity Strategic Dividend and Income Fund, Fidelity Strategic Income Fund, Fidelity Advisor Strategic Income Fund, and Fidelity Strategic Real Return Fund. Sharpe will continue to co–manage the Fidelity Freedom Funds and the Fidelity Income Replacement Funds. Also, he will continue to co–manage Fidelity’s 529 College Savings Plans with Dierdorf. Dierdorf will continue to co–manage Fidelity Dynamic Strategies Fund and manage lifecycle funds designed for Canadian investors. Prior to joining Fidelity in 2004, Dierdorf worked for CIGNA, where he held various actuarial and investment positions. Hall joined Fidelity in 2002 as a senior portfolio analyst supporting the bond and money market funds. Since 2005, he has been an analyst in the Global Asset Allocation group. Prior to joining Fidelity, Hall worked as a municipal bond trader and analyst for Gannett Welsh & Kotler, Inc., a Boston–based money management firm.