Supplement to the
Fidelity Advisor Asset Manager® Funds
Fidelity Asset Manager® 30%
Class A, Class M, Class C, Class I, and Class Z
November 29, 2023
Summary Prospectus
Effective March 1, 2024, the funds management contract was amended to incorporate administrative services previously covered under separate services agreements. The amended contract incorporates a management fee rate that may vary by class. The Adviser or an affiliate pays certain expenses of managing and operating the fund out of each classs management fee.
The following information replaces similar information for Fidelity Asset Manager® 30% found in the Fund Summary section under the Fee Table heading.
Annual Operating Expenses
(expenses that you pay each year as a % of the value of your investment)
Class A | Class M | Class C | Class I | Class Z | ||||||||||||||||
Management fee |
0.53 | %A,B | 0.53 | %A,B | 0.53 | %A,B | 0.53 | %A,B | 0.46 | %A,B | ||||||||||
Distribution and/or Service (12b-1) fees |
0.25 | % | 0.50 | % | 1.00 | % | None | None | ||||||||||||
Other expenses |
0.02 | %B | 0.02 | %B | 0.02 | %B | 0.02 | %B | 0.02 | %B | ||||||||||
|
|
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Total annual operating expenses |
0.80 | % | 1.05 | % | 1.55 | % | 0.55 | % | 0.48 | % |
A The management fee covers administrative services previously provided under separate services agreements with the fund, for which 0.16% for Class A, 0.16% for Class M, 0.17% for Class C, 0.17% for Class I, and 0.08% for Class Z was previously charged under the services agreements.
B Adjusted to reflect current fees.
Class A | Class M | Class C | Class I | Class Z | ||||||||||||||||
Sell All Shares |
Hold Shares |
Sell All Shares |
Hold Shares |
Sell All Shares |
Hold Shares |
Sell All Shares |
Hold Shares |
Sell All Shares |
Hold Shares | |||||||||||
1 year |
$ 652 | $ 652 | $ 453 | $ 453 | $ 258 | $ 158 | $ 56 | $ 56 | $ 49 | $ 49 | ||||||||||
3 years |
$ 816 | $ 816 | $ 672 | $ 672 | $ 490 | $ 490 | $ 176 | $ 176 | $ 154 | $ 154 | ||||||||||
5 years |
$ 994 | $ 994 | $ 909 | $ 909 | $ 845 | $ 845 | $ 307 | $ 307 | $ 269 | $ 269 | ||||||||||
10 years |
$ 1,508 | $ 1,508 | $ 1,588 | $ 1,588 | $ 1,643 | $ 1,643 | $ 689 | $ 689 | $ 604 | $ 604 |
ATAN-SUSTK-0324-104 1.9881441.104 |
March 1, 2024 |
Supplement to the
Fidelity Asset Manager® Funds
Fidelity Asset Manager® 30%
November 29, 2023
Summary Prospectus
Effective March 1, 2024, the funds management contract was amended to incorporate administrative services previously covered under separate services agreements. The amended contract incorporates a management fee rate that may vary by class. The Adviser or an affiliate pays certain expenses of managing and operating the fund out of each classs management fee.
The following information replaces similar information for Fidelity Asset Manager® 30% found in the Fund Summary section under the Fee Table heading.
Annual Operating Expenses
(expenses that you pay each year as a % of the value of your investment)
Management fee |
0.49%A,B | |
Distribution and/or Service (12b-1) fees |
None | |
Other expenses |
0.02%B | |
| ||
Total annual operating expenses |
0.51% |
A The management fee covers administrative services previously provided under separate services agreements with the fund, for which 0.12% was previously charged under the services agreements.
B Adjusted to reflect current fees.
1 year |
$ 52 | |
3 years |
$ 164 | |
5 years |
$ 285 | |
10 years |
$ 640 |
TAN-SUSTK-0324-101 1.9911101.101 |
March 1, 2024 |