Exhibit (d)(48)

Note: This Schedule A lists the trusts and portfolios covered by the Master International Research Agreement between FMR & FIIA.

Form Of Schedule A

Trusts and Portfolios Covered by the Sub-Research Agreement, dated as of July 1, 2003, between

Fidelity Management & Research Company

and

Fidelity International Investment Advisors

Name of Trust	Name of Portfolio	Type of Fund	Effective Date
Fidelity Advisor Series I	Fidelity Advisor Asset Allocation Fund	Equity	07/01/03
Fidelity Advisor Series I	Fidelity Advisor Balanced Fund	Equity	07/01/03
Fidelity Advisor Series I	Fidelity Advisor Dividend Growth Fund	Equity	07/01/03
Fidelity Advisor Series I	Fidelity Advisor Dynamic Capital Appreciation Fund	Equity	07/01/03
Fidelity Advisor Series I	Fidelity Advisor Equity Growth Fund	Equity	07/01/03
Fidelity Advisor Series I	Fidelity Advisor Equity Income Fund	Equity	07/01/03
Fidelity Advisor Series I	Fidelity Advisor Equity Value Fund	Equity	07/01/03
Fidelity Advisor Series I	Fidelity Advisor Fifty Fund	Equity	07/01/03
Fidelity Advisor Series I	Fidelity Advisor Growth & Income Fund	Equity	07/01/03
Fidelity Advisor Series I	Fidelity Advisor Growth Opportunities Fund	Equity	07/01/03
Fidelity Advisor Series I	Fidelity Advisor Large Cap Fund	Equity	07/01/03
Fidelity Advisor Series I	Fidelity Advisor Leveraged Company Stock Fund	Equity	07/01/03
Fidelity Advisor Series I	Fidelity Advisor Mid Cap Fund	Equity	07/01/03
Fidelity Advisor Series I	Fidelity Advisor Small Cap Fund	Equity	07/01/03
Fidelity Advisor Series I	Fidelity Advisor Strategic Growth Fund	Equity	07/01/03
Fidelity Advisor Series I	Fidelity Advisor Value Strategies Fund	Equity	07/01/03
Fidelity Advisor Series II	Fidelity Advisor Floating Rate High Income Fund	Fixed-Income	07/01/03
Fidelity Advisor Series II	Fidelity Advisor High Income Fund	Fixed-Income	07/01/03
Fidelity Advisor Series II	Fidelity Advisor High Income Advantage Fund	Fixed-Income	07/01/03
Fidelity Advisor Series II	Fidelity Advisor Mid Cap II Fund	Equity	07/15/04
Fidelity Advisor Series II	Fidelity Advisor Strategic Income Fund	Fixed-Income	07/01/03
Fidelity Advisor Series II	Fidelity Advisor Value Fund	Equity	11/20/03
Fidelity Advisor Series IV	Fidelity Real Estate High Income Fund	Fixed-Income	07/01/03
Fidelity Advisor Series VII	Fidelity Advisor Biotechnology Fund	Equity	07/01/03
Fidelity Advisor Series VII	Fidelity Advisor Consumer Industries Fund	Equity	07/01/03
Fidelity Advisor Series VII	Fidelity Advisor Cyclical Industries Fund	Equity	07/01/03
Fidelity Advisor Series VII	Fidelity Advisor Developing Communications Fund	Equity	07/01/03
Fidelity Advisor Series VII	Fidelity Advisor Electronics Fund	Equity	07/01/03
Fidelity Advisor Series VII	Fidelity Advisor Financial Services Fund	Equity	07/01/03
Fidelity Advisor Series VII	Fidelity Advisor Health Care Fund	Equity	07/01/03
Fidelity Advisor Series VII	Fidelity Advisor Natural Resources Fund	Equity	07/01/03
Fidelity Advisor Series VII	Fidelity Advisor Real Estate Fund	Equity	07/01/03
Fidelity Advisor Series VII	Fidelity Advisor Technology Fund	Equity	07/01/03
Fidelity Advisor Series VII	Fidelity Advisor Telecommunications & Utilities Growth Fund	Equity	07/01/03
Fidelity Advisor Series VIII	Fidelity Advisor Diversified International Fund	Equity	07/01/03
Fidelity Advisor Series VIII	Fidelity Advisor Emerging Asia Fund	Equity	07/01/03
Fidelity Advisor Series VIII	Fidelity Advisor Emerging Markets Fund	Equity	09/18/03
Fidelity Advisor Series VIII	Fidelity Advisor Emerging Markets Income Fund	Fixed-Income	07/01/03
Fidelity Advisor Series VIII	Fidelity Advisor Europe Capital Appreciation Fund	Equity	07/01/03
Fidelity Advisor Series VIII	Fidelity Advisor Global Equity Fund	Equity	07/01/03
Fidelity Advisor Series VIII	Fidelity Advisor International Capital Appreciation Fund	Equity	07/01/03
Fidelity Advisor Series VIII	Fidelity Advisor Japan Fund	Equity	07/01/03
Fidelity Advisor Series VIII	Fidelity Advisor Korea Fund	Equity	07/01/03
Fidelity Advisor Series VIII	Fidelity Advisor Latin America Fund	Equity	07/01/03
Fidelity Advisor Series VIII	Fidelity Advisor Overseas Fund	Equity	07/01/03
Fidelity Advisor Series VIII	Fidelity Advisor Value Leaders Fund	Equity	07/01/03
Fidelity Beacon Street Trust	Fidelity Advisor Tax Managed Stock Fund	Equity	07/01/03
Fidelity Beacon Street Trust	Fidelity Tax Managed Stock Fund	Equity	07/01/03
Fidelity Boylston Street Trust	Fidelity Stable Value Fund	Fixed-Income	07/01/03
Fidelity Capital Trust	Fidelity Capital Appreciation Fund	Equity	07/01/03
Fidelity Capital Trust	Fidelity Disciplined Equity Fund	Equity	07/01/03
Fidelity Capital Trust	Fidelity Small Cap Independence Fund	Equity	07/01/03
Fidelity Capital Trust	Fidelity Stock Selector Fund	Equity	07/01/03
Fidelity Capital Trust	Fidelity Focused Stock Fund	Equity	07/01/03
Fidelity Capital Trust	Fidelity Value Fund	Equity	07/01/03
Fidelity Charles Street Trust	Fidelity Asset Manager	Equity	07/01/03
Fidelity Charles Street Trust	Fidelity Asset Manager: Aggressive	Equity	07/01/03
Fidelity Charles Street Trust	Fidelity Asset Manager: Growth	Equity	07/01/03
Fidelity Charles Street Trust	Fidelity Asset Manager: Income	Equity	07/01/03
Fidelity Charles Street Trust	Fidelity Broad Market Opportunities Fund	Equity
Fidelity Commonwealth Trust	Fidelity Large Cap Stock Fund	Equity	07/01/03
Fidelity Commonwealth Trust	Fidelity Mid Cap Stock Fund	Equity	07/01/03
Fidelity Commonwealth Trust	Fidelity Small Cap Retirement Fund	Equity	07/01/03
Fidelity Commonwealth Trust	Fidelity Small Cap Stock Fund	Equity	07/01/03
Fidelity Commonwealth Trust	Fidelity Strategic Real Return Fund	Fixed-Income	07/21/05
Fidelity Contrafund	Fidelity Contrafund	Equity	07/01/03
Fidelity Contrafund	Fidelity Advisor New Insights Fund	Equity	07/17/03
Fidelity Covington Trust	Fidelity Real Estate High Income Fund II	Fixed-Income	07/01/03
Fidelity Destiny Portfolios	Fidelity Destiny I	Equity	07/01/03
Fidelity Destiny Portfolios	Fidelity Destiny II	Equity	07/01/03
Fidelity Devonshire Trust	Fidelity Equity-Income Fund	Equity	07/01/03
Fidelity Devonshire Trust	Fidelity Real Estate Investment Portfolio	Equity	07/01/03
Fidelity Devonshire Trust	Fidelity Structured Large Cap Growth Fund	Equity	07/01/03
Fidelity Devonshire Trust	Fidelity Structured Large Cap Value Fund	Equity	07/01/03
Fidelity Devonshire Trust	Fidelity Structured Mid Cap Growth Fund	Equity	07/01/03
Fidelity Devonshire Trust	Fidelity Structured Mid Cap Value Fund	Equity	07/01/03
Fidelity Devonshire Trust	Fidelity Utilities Fund	Equity	07/01/03
Fidelity Financial Trust	Fidelity Convertible Securities Fund	Equity	07/01/03
Fidelity Financial Trust	Fidelity Equity-Income II Fund	Equity	07/01/03
Fidelity Financial Trust	Fidelity Independence Fund	Equity	07/01/03
Fidelity Financial Trust	Fidelity Strategic Dividend & Income Fund	Fixed-Income	11/20/03
Fidelity Fixed-Income Trust	Fidelity Focused High Income Fund	Fixed-Income	07/15/04
Fidelity Fixed-Income Trust	Fidelity High Income Fund	Fixed-Income	07/01/03
Fidelity Hastings Street Trust	Fidelity Contrafund II	Equity	07/01/03
Fidelity Hastings Street Trust	Fidelity Fifty	Equity	07/01/03
Fidelity Hastings Street Trust	Fidelity Fund	Equity	07/01/03
Fidelity Hastings Street Trust	Fidelity Growth & Income II Portfolio	Equity	07/01/03
Fidelity Investment Trust	Fidelity Aggressive International Fund	Equity	07/01/03
Fidelity Investment Trust	Fidelity Canada Fund	Equity	07/01/03
Fidelity Investment Trust	Fidelity China Region Fund	Equity	07/01/03
Fidelity Investment Trust	Fidelity Diversified International Fund	Equity	07/01/03
Fidelity Investment Trust	Fidelity Emerging Markets Fund	Equity	07/01/03
Fidelity Investment Trust	Fidelity Europe Capital Appreciation Fund	Equity	07/01/03
Fidelity Investment Trust	Fidelity Europe Fund	Equity	07/01/03
Fidelity Investment Trust	Fidelity Global Balanced Fund	Equity	07/01/03
Fidelity Investment Trust	Fidelity International Growth & Income Fund	Equity	07/01/03
Fidelity Investment Trust	Fidelity International Small Cap Fund	Equity	07/01/03
Fidelity Investment Trust	Fidelity International Small Cap Opportunities Fund	Equity	07/21/05
Fidelity Investment Trust	Fidelity International Value Fund	Equity	05/18/06
Fidelity Investment Trust	Fidelity Japan Fund	Equity	07/01/03
Fidelity Investment Trust	Fidelity Japan Smaller Companies Fund	Equity	07/01/03
Fidelity Investment Trust	Fidelity Latin America Fund	Equity	07/01/03
Fidelity Investment Trust	Fidelity Nordic Fund	Equity	07/01/03
Fidelity Investment Trust	Fidelity Overseas Fund	Equity	07/01/03
Fidelity Investment Trust	Fidelity Pacific Basin Fund	Equity	07/01/03
Fidelity Investment Trust	Fidelity Southeast Asia Fund	Equity	07/01/03
Fidelity Investment Trust	Fidelity Worldwide Fund	Equity	07/01/03
Fidelity Magellan Fund	Fidelity Magellan Fund	Equity	07/01/03
Fidelity Mt. Vernon Street Trust	Fidelity Aggressive Growth Fund	Equity	07/01/03
Fidelity Mt. Vernon Street Trust	Fidelity Growth Company Fund	Equity	07/01/03
Fidelity Mt. Vernon Street Trust	Fidelity New Millennium Fund	Equity	07/01/03
Fidelity Puritan Trust	Fidelity Balanced Fund	Equity	07/01/03
Fidelity Puritan Trust	Fidelity Low-Priced Stock Fund	Equity	07/01/03
Fidelity Puritan Trust	Fidelity Puritan Fund	Equity	07/01/03
Fidelity Puritan Trust	Fidelity Value Discovery Fund	Equity	07/01/03
Fidelity School Street Trust	Fidelity New Markets Income Fund	Fixed-Income	07/01/03
Fidelity School Street Trust	Fidelity Strategic Income Fund	Fixed-Income	07/01/03
Fidelity Securities Fund	Fidelity Advisor Aggressive Growth Fund	Equity	07/01/03
Fidelity Securities Fund	Fidelity Blue Chip Growth Fund	Equity	07/01/03
Fidelity Securities Fund	Fidelity Blue Chip Value Fund	Equity	07/01/03
Fidelity Securities Fund	Fidelity Dividend Growth Fund	Equity	07/01/03
Fidelity Securities Fund	Fidelity Growth & Income Portfolio	Equity	07/01/03
Fidelity Securities Fund	Fidelity International Real Estate Fund	Equity	07/15/04
Fidelity Securities Fund	Fidelity Leveraged Company Stock Fund	Equity	07/01/03
Fidelity Securities Fund	Fidelity OTC Portfolio	Equity	07/01/03
Fidelity Securities Fund	Fidelity Real Estate Income Fund	Fixed-Income	07/01/03
Fidelity Securities Fund	Fidelity Small Cap Growth Fund	Equity	09/16/04
Fidelity Securities Fund	Fidelity Small Cap Value Fund	Equity	09/16/04
Fidelity Select Portfolios	Fidelity Select Air Transportation Portfolio	Equity	07/01/03
Fidelity Select Portfolios	Fidelity Select Automotive Portfolio	Equity	07/01/03
Fidelity Select Portfolios	Fidelity Select Banking Portfolio	Equity	07/01/03
Fidelity Select Portfolios	Fidelity Select Biotechnology Portfolio	Equity	07/01/03
Fidelity Select Portfolios	Fidelity Select Brokerage and Investment Management Portfolio	Equity	07/01/03
Fidelity Select Portfolios	Fidelity Select Business Services and Outsourcing Portfolio	Equity	07/01/03
Fidelity Select Portfolios	Fidelity Select Chemicals Portfolio	Equity	07/01/03
Fidelity Select Portfolios	Fidelity Select Computers Portfolio	Equity	07/01/03
Fidelity Select Portfolios	Fidelity Select Construction and Housing Portfolio	Equity	07/01/03
Fidelity Select Portfolios	Fidelity Select Consumer Industries Portfolio	Equity	07/01/03
Fidelity Select Portfolios	Fidelity Select Cyclical Industries Portfolio	Equity	07/01/03
Fidelity Select Portfolios	Fidelity Select Defense and Aerospace Portfolio	Equity	07/01/03
Fidelity Select Portfolios	Fidelity Select Developing Communications Portfolio	Equity	07/01/03
Fidelity Select Portfolios	Fidelity Select Electronics Portfolio	Equity	07/01/03
Fidelity Select Portfolios	Fidelity Select Energy Portfolio	Equity	07/01/03
Fidelity Select Portfolios	Fidelity Select Energy Service Portfolio	Equity	07/01/03
Fidelity Select Portfolios	Fidelity Select Environmental Services Portfolio	Equity	07/01/03
Fidelity Select Portfolios	Fidelity Select Financial Services Portfolio	Equity	07/01/03
Fidelity Select Portfolios	Fidelity Select Food and Agriculture Portfolio	Equity	07/01/03
Fidelity Select Portfolios	Fidelity Select Gold Portfolio	Equity	07/01/03
Fidelity Select Portfolios	Fidelity Select Health Care Portfolio	Equity	07/01/03
Fidelity Select Portfolios	Fidelity Select Home Finance Portfolio	Equity	07/01/03
Fidelity Select Portfolios	Fidelity Select Industrial Equipment Portfolio	Equity	07/01/03
Fidelity Select Portfolios	Fidelity Select Industrial Materials Portfolio	Equity	07/01/03
Fidelity Select Portfolios	Fidelity Select Insurance Portfolio	Equity	07/01/03
Fidelity Select Portfolios	Fidelity Select Leisure Portfolio	Equity	07/01/03
Fidelity Select Portfolios	Fidelity Select Medical Delivery Portfolio	Equity	07/01/03
Fidelity Select Portfolios	Fidelity Select Medical Equipment and Systems Portfolio	Equity	07/01/03
Fidelity Select Portfolios	Fidelity Select Multimedia Portfolio	Equity	07/01/03
Fidelity Select Portfolios	Fidelity Select Natural Gas Portfolio	Equity	07/01/03
Fidelity Select Portfolios	Fidelity Select Natural Resources Portfolio	Equity	07/01/03
Fidelity Select Portfolios	Fidelity Select Networking and Infrastructure Portfolio	Equity	07/01/03
Fidelity Select Portfolios	Fidelity Select Paper and Forest Products Portfolio	Equity	07/01/03
Fidelity Select Portfolios	Fidelity Select Pharmaceuticals Portfolio	Equity	07/01/03
Fidelity Select Portfolios	Fidelity Select Retailing Portfolio	Equity	07/01/03
Fidelity Select Portfolios	Fidelity Select Software and Computer Services Portfolio	Equity	07/01/03
Fidelity Select Portfolios	Fidelity Select Technology Portfolio	Equity	07/01/03
Fidelity Select Portfolios	Fidelity Select Telecommunications Portfolio	Equity	07/01/03
Fidelity Select Portfolios	Fidelity Select Transportation Portfolio	Equity	07/01/03
Fidelity Select Portfolios	Fidelity Select Utilities Growth Portfolio	Equity	07/01/03
Fidelity Select Portfolios	Fidelity Select Wireless Portfolio	Equity	07/01/03
Fidelity Summer Street Trust	Fidelity Capital & Income Fund	Fixed-Income	07/01/03
Fidelity Trend Fund	Fidelity Trend Fund	Equity	07/01/03
Fidelity Union Street Trust	Fidelity Export and Multinational Fund	Equity	07/01/03
Variable Insurance Products Fund	VIP Equity-Income Portfolio	Equity	01/01/05
Variable Insurance Products Fund	VIP Growth Portfolio	Equity	01/01/05
Variable Insurance Products Fund	VIP High Income Portfolio	Fixed-Income	07/01/03
Variable Insurance Products Fund	VIP Overseas Portfolio	Equity	07/01/03
Variable Insurance Products Fund	VIP Value Portfolio	Equity	07/01/03
Variable Insurance Products Fund II	VIP Asset Manager Portfolio	Equity	07/01/03
Variable Insurance Products Fund II	VIP Asset Manager: Growth Portfolio	Equity	07/01/03
Variable Insurance Products Fund II	VIP Contrafund Portfolio	Equity	07/01/03
Variable Insurance Products Fund III	VIP Aggressive Growth Portfolio	Equity	07/01/03
Variable Insurance Products Fund III	VIP Balanced Portfolio	Equity	07/01/03
Variable Insurance Products Fund III	VIP Dynamic Capital Appreciation Portfolio	Equity	07/01/03
Variable Insurance Products Fund III	VIP Growth & Income Portfolio	Equity	07/01/03
Variable Insurance Products Fund III	VIP Growth Opportunities Portfolio	Equity	07/01/03
Variable Insurance Products Fund III	VIP Mid Cap Portfolio	Equity	07/01/03
Variable Insurance Products Fund III	VIP Value Strategies Portfolio	Equity	07/01/03
Variable Insurance Products Fund IV	VIP Consumer Industries Portfolio	Equity	07/01/03
Variable Insurance Products Fund IV	VIP Cyclical Industries Portfolio	Equity	07/01/03
Variable Insurance Products Fund IV	VIP Financial Services Portfolio	Equity	07/01/03
Variable Insurance Products Fund IV	VIP Growth Stock Portfolio	Equity	07/01/03
Variable Insurance Products Fund IV	VIP Health Care Portfolio	Equity	07/01/03
Variable Insurance Products Fund IV	VIP International Capital Appreciation Portfolio	Equity	11/18/04
Variable Insurance Products Fund IV	VIP Natural Resources Portfolio	Equity	07/01/03
Variable Insurance Products Fund IV	VIP Real Estate Portfolio	Equity	07/01/03
Variable Insurance Products Fund IV	VIP Strategic Income Portfolio	Fixed-Income	11/20/03
Variable Insurance Products Fund IV	VIP Technology Portfolio	Equity	07/01/03
Variable Insurance Products Fund IV	VIP Telecommunications & Utilities Growth Portfolio	Equity	07/01/03
Variable Insurance Products Fund IV	VIP Value Leaders Portfolio	Equity	07/01/03

Solely for purposes of Section 3 ("Compensation") of the Agreement, the following funds are deemed listed on Schedule A:

Name of LLC	Name of Portfolio	Type of Fund	Effective Date
Fidelity Central Investment Portfolios LLC	Fidelity Consumer Discretionary Central Investment Portfolio	Fixed-Income	07/21/06
Fidelity Central Investment Portfolios LLC	Fidelity Consumer Staples Central Investment Portfolio	Fixed-Income	07/21/06
Fidelity Central Investment Portfolios LLC	Fidelity Energy Central Investment Portfolio	Fixed-Income	07/21/06
Fidelity Central Investment Portfolios LLC	Fidelity Financials Central Investment Portfolio	Fixed-Income	07/21/06
Fidelity Central Investment Portfolios LLC	Fidelity Floating Rate Central Investment Portfolio	Fixed-Income	11/18/04
Fidelity Central Investment Portfolios LLC	Fidelity Health Care Central Investment Portfolio	Fixed-Income	07/21/06
Fidelity Central Investment Portfolios LLC	Fidelity High Income Central Investment Portfolio 1	Fixed-Income	9/16/04
Fidelity Central Investment Portfolios LLC	Fidelity Industrials Central Investment Portfolio	Fixed-Income	07/21/06
Fidelity Central Investment Portfolios LLC	Fidelity Information Technology Central Investment Portfolio	Fixed-Income	07/21/06
Fidelity Central Investment Portfolios LLC	Fidelity Materials Central Investment Portfolio	Fixed-Income	07/21/06
Fidelity Central Investment Portfolios LLC	Fidelity Specialized High Income Central Investment Portfolio	Fixed-Income	07/21/05
Fidelity Central Investment Portfolios LLC	Fidelity Telcom Services Central Investment Portfolio	Fixed-Income	07/21/06
Fidelity Central Investment Portfolios LLC	Fidelity Utilities Central Investment Portfolio	Fixed-Income	07/21/06

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