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Two Fidelity Funds Reopen to New Investors

Effective March 31, 2009, Fidelity Diversified International Fund and Fidelity Small Cap Stock Fund will reopen for purchase to new investors and plans. These funds offer additional diversification options for those seeking international and small cap equities exposure and provide access to one of the largest investment resource platforms in the industry - consisting of over 500 research professionals worldwide.*

Based in the US as well as overseas in Tokyo, London, Hong Kong, and beyond, Fidelity’s research analysts and associates scour the globe for tomorrow’s investment ideas on behalf of fund shareholders.

Fidelity Diversified International Fund – This fund combines broad exposure to developed international markets with the ability to opportunistically invest across investing styles, sectors, industries, and market capitalizations. It’s actively managed and attempts to beat its benchmark, the Morgan Stanley Capital International Europe, Australasia and Far East (MSCI EAFE) Index, over long-term time periods.

  • Portfolio Manager Bill Bower joined Fidelity in 1994 and brings over ten years of portfolio management experience to the fund.
  • This fund may be appropriate as the core holding of an investor’s international equity allocation.

Fidelity Small Cap Stock Fund – This fund seeks to uncover growth opportunities in the small-cap arena, regardless of sector, with a focus on thematic ideas, including industry specific, regional, and global themes.

  • Portfolio Manager Andrew Sassine brings over 16 year of investment experience to bear on behalf of shareholders
  • This fund may complement an investor's portfolio by providing diversification benefits derived from exposure to small cap stocks

To learn more about these funds or how they might fit in your portfolio, contact a Fidelity Service Representative or check your 401(k) plan to find out if this is an eligible investment option.


*Source: FMR LLC., Pyramis Global Advisors, FIL, as of December 31, 2008. Data is unaudited. These figures reflect the resources of FMR Co. LLC a U.S. company, and its subsidiaries, and the resources of Fidelity International Limited, a non-U.S. company and affiliate, and its subsidiaries. Research Professionals include both analysts and associates.

Diversification does not ensure a profit or guarantee against loss.

The Morgan Stanley Capital International Europe, Australasia and Far East (MSCI EAFE) Index is an unmanaged market capitalization-weighted index of equity securities of companies domiciled in various countries. The index is designed to represent performance of developed stock markets outside the United States and Canada and excludes certain market segments unavailable to U.S. based investors.

Foreign investments involve greater risks than U.S. investments, including political and economic risks and the risk of currency fluctuations, all of which may be magnified in emerging markets.

Investments in smaller companies may involve greater risks than those in larger, more well known companies.

Before investing, consider the fund’s investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus containing this information. Read it carefully.