-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Qzu+GGn7kEBP/ylBFuEW8zr68WfWMCDcfpkwBm6Iz53Krd7mHmoDtQZnu6bn+OT4 8/4lDnfMtiyeI+NtfO8pCQ== 0000354046-09-000005.txt : 20090219 0000354046-09-000005.hdr.sgml : 20090219 20090219161346 ACCESSION NUMBER: 0000354046-09-000005 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20090219 DATE AS OF CHANGE: 20090219 EFFECTIVENESS DATE: 20090219 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FIDELITY CHARLES STREET TRUST CENTRAL INDEX KEY: 0000354046 IRS NUMBER: 000000000 FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-73133 FILM NUMBER: 09621860 BUSINESS ADDRESS: STREET 1: 82 DEVONSHIRE ST CITY: BOSTON STATE: MA ZIP: 02109 BUSINESS PHONE: 2145064081 MAIL ADDRESS: STREET 1: 82 DEVONSHIRE STREET STREET 2: MAIL ZONE Z1C CITY: BOSTON STATE: MA ZIP: 02109 FORMER COMPANY: FORMER CONFORMED NAME: FIDELITY U S GOVERNMENT RESERVES FUND DATE OF NAME CHANGE: 19880201 FORMER COMPANY: FORMER CONFORMED NAME: FIDELITY FEDERAL RESERVES DATE OF NAME CHANGE: 19820215 FORMER COMPANY: FORMER CONFORMED NAME: FIDELITY UNITED STATES TREASURY TRUST DATE OF NAME CHANGE: 19811020 0000354046 S000017647 Fidelity Global Balanced Fund C000048772 Fidelity Global Balanced Fund 497 1 main.htm

Supplement to the
Fidelity® Global Balanced Fund
December 30, 2008
Prospectus

Fidelity Global Balanced Fund is composed of multiple classes of shares. References to the fund are deemed to include class where applicable.

The following information replaces the similar information found under the heading "Year-by-Year Returns" in the "Fund Summary" section on page 4.

Global Balanced

Calendar Years
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008

 

23.03%

-5.97%

-8.15%

-6.14%

29.90%

13.67%

9.00%

13.70%

13.77%

-23.27%


fid4836

During the periods shown in the chart for Global Balanced:
Returns
Quarter ended

<R>Highest Quarter Return

14.26%

December 31, 1999</R>

<R>Lowest Quarter Return

-12.35%

September 30, 2008</R>

GBL-09-01 February 19, 2009
1.855563.103

The following information replaces the similar information found under the heading "Average Annual Returns" in the "Fund Summary" section on page 5.

For the periods ended
December 31, 2008
Past 1
year
Past 5
years
Past 10
years

Global Balanced

 

 

 

Return Before Taxes

-23.27%

4.22%

4.77%

Return After Taxes on Distributions

-23.95%

2.83%

3.63%

Return After Taxes on Distributions and Sale of Fund Shares

-14.93%

3.33%

3.75%

MSCI® World Index
(reflects no deduction for fees, expenses, or taxes)

-40.46%

-0.13%

-0.37%

Citigroup® World Government Bond Index
(reflects no deduction for fees, expenses, or taxes)

10.89%

6.05%

5.90%

Fidelity Global Balanced Composite Index
(reflects no deduction for fees, expenses, or taxes)

-22.78%

2.52%

2.35%

The following information replaces the similar biographical information found in the "Fund Management" section on page 24.

Derek Young is co-lead manager of the fund, which he has managed since January 2006. He also manages other Fidelity funds. Since joining Fidelity Investments in 1996, Mr. Young has worked as director of Risk Management, senior vice president of Strategic Services and portfolio manager.

Ruben Calderon is co-lead manager of the fund, which he has managed since December 2006. Since joining Fidelity Investments in 1995, Mr. Calderon has worked as a research analyst and asset allocation strategist.

Supplement to the

Fidelity® Global Balanced Fund

A Fund of Fidelity Charles Street Trust

STATEMENT OF ADDITIONAL INFORMATION

December 30, 2008

Fidelity Global Balanced Fund is composed of multiple classes of shares. References to the fund are deemed to include class where applicable.

Effective February 1, 2009, Derek Young and Ruben Calderon serve as co-lead managers of the fund.

GBLB-09-01 February 19, 2009
1.850948.102

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