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Please click the "SHOW LEGAL INFO" link above to read all relevant disclosures. These presentations are provided for informational purposes only and should not be considered investment advice or an offer for a particular security or securities. The views and opinions expressed by the Fidelity speaker are those of his or her own as of the date of the recording, and do not necessarily represent the views of Fidelity Investments. Any such views are subject to change at any time based upon market or other conditions and Fidelity disclaims any responsibility to update such views. These views should not be relied on as investment advice, and because investment decisions for a Fidelity fund are based on numerous factors, may not be relied on as an indication of trading intent on behalf of any Fidelity fund. Neither Fidelity nor the Fidelity speaker can be held responsible for any direct or incidental loss incurred by applying any of the information offered. Please consult your tax or financial advisor for additional information concerning your specific situation.

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

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