N-Q 1 filing694.htm PRIMARY DOCUMENT

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549


FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT INVESTMENT COMPANY


Investment Company Act file number   811-3221


Fidelity Charles Street Trust

 (Exact name of registrant as specified in charter)


245 Summer St., Boston, Massachusetts  02210

 (Address of principal executive offices)       (Zip code)


Marc Bryant, Secretary

245 Summer St.

Boston, Massachusetts  02210

(Name and address of agent for service)



Registrant's telephone number, including area code:

617-563-7000



Date of fiscal year end:

September 30



Date of reporting period:

June 30, 2017


Item 1.

Schedule of Investments





Quarterly Holdings Report
for

Fidelity Asset Manager® 20%

June 30, 2017







AMI-QTLY-0817
1.803294.113





Investments June 30, 2017 (Unaudited)

Showing Percentage of Net Assets

Equity Central Funds - 17.7%   
 Shares Value 
Fidelity Commodity Strategy Central Fund (a) 11,586,738 $72,648,845 
Fidelity Consumer Discretionary Central Fund (a) 168,581 46,921,161 
Fidelity Consumer Staples Central Fund (a) 143,860 34,880,289 
Fidelity Emerging Markets Equity Central Fund (a) 309,865 70,515,991 
Fidelity Energy Central Fund (a) 217,375 24,302,567 
Fidelity Financials Central Fund (a) 880,708 89,515,142 
Fidelity Health Care Central Fund (a) 167,622 64,816,158 
Fidelity Industrials Central Fund (a) 166,215 45,690,931 
Fidelity Information Technology Central Fund (a) 266,693 109,490,806 
Fidelity International Equity Central Fund (a) 3,040,251 252,948,888 
Fidelity Materials Central Fund (a) 59,460 14,473,223 
Fidelity Real Estate Equity Central Fund (a) 222,774 25,111,122 
Fidelity Telecom Services Central Fund (a) 55,716 10,836,838 
Fidelity Utilities Central Fund (a) 82,444 14,665,933 
TOTAL EQUITY CENTRAL FUNDS   
(Cost $582,140,060)  876,817,894 
Fixed-Income Central Funds - 51.2%   
High Yield Fixed-Income Funds - 3.6%   
Fidelity Emerging Markets Debt Central Fund (a) 2,707,713 27,483,291 
Fidelity Floating Rate Central Fund (a) 485,970 50,205,556 
Fidelity High Income Central Fund 1 (a) 1,018,568 101,948,476 
TOTAL HIGH YIELD FIXED-INCOME FUNDS  179,637,323 
Investment Grade Fixed-Income Funds - 47.6%   
Fidelity Inflation-Protected Bond Index Central Fund (a) 2,148,678 218,176,743 
Fidelity International Credit Central Fund (a) 297,244 29,605,464 
Fidelity Investment Grade Bond Central Fund (a) 19,502,831 2,110,206,346 
TOTAL INVESTMENT GRADE FIXED-INCOME FUNDS  2,357,988,553 
TOTAL FIXED-INCOME CENTRAL FUNDS   
(Cost $2,366,517,048)  2,537,625,876 
Money Market Central Funds - 27.7%   
Fidelity Cash Central Fund, 1.10% (b) 198,138,104 198,177,731 
Fidelity Money Market Central Fund, 1.36% (b) 1,171,749,574 1,171,866,749 
TOTAL MONEY MARKET CENTRAL FUNDS   
(Cost $1,369,907,397)  1,370,044,480 
Investment Companies - 3.4%   
iShares 20+ Year Treasury Bond ETF 331,284 41,450,254 
iShares Core MSCI Emerging Markets ETF 1,020,335 51,057,567 
iShares MSCI EAFE Index ETF 488,709 31,863,827 
iShares MSCI Japan ETF 861,079 46,196,888 
TOTAL INVESTMENT COMPANIES   
(Cost $158,964,058)  170,568,536 
TOTAL INVESTMENT PORTFOLIO - 100.0%   
(Cost $4,477,528,563)  4,955,056,786 
NET OTHER ASSETS (LIABILITIES) - 0.0%  (869,998) 
NET ASSETS - 100%  $4,954,186,788 

Security Type Abbreviations

ETF – Exchange-Traded Fund

Legend

 (a) Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. A complete unaudited schedule of portfolio holdings for each Fidelity Central Fund is filed with the SEC for the first and third quarters of each fiscal year on Form N-Q and is available upon request or at the SEC's website at www.sec.gov. An unaudited holdings listing for the Fund, which presents direct holdings as well as the pro-rata share of securities and other investments held indirectly through its investment in underlying non-money market Fidelity Central Funds, other than the Commodity Strategy Central Fund, is available at fidelity.com and/or institutional.fidelity.com, as applicable. In addition, each Fidelity Central Fund's financial statements are available on the SEC's website or upon request.

 (b) Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements are available on the SEC's website or upon request.


Affiliated Central Funds

Information regarding fiscal year to date income earned by the Fund from investments in Fidelity Central Funds is as follows:

Fund Income earned 
Fidelity Cash Central Fund $1,123,223 
Fidelity Commodity Strategy Central Fund 78,144 
Fidelity Consumer Discretionary Central Fund 469,625 
Fidelity Consumer Staples Central Fund 708,393 
Fidelity Emerging Markets Debt Central Fund 1,468,767  
Fidelity Emerging Markets Equity Central Fund 369,881  
Fidelity Energy Central Fund 248,274  
Fidelity Financials Central Fund 1,175,485  
Fidelity Floating Rate Central Fund 1,886,266  
Fidelity Health Care Central Fund 417,673 
Fidelity High Income Central Fund 1 6,117,819  
Fidelity Industrials Central Fund 598,458  
Fidelity Inflation-Protected Bond Index Central Fund 241,500  
Fidelity Information Technology Central Fund 602,818  
Fidelity International Equity Central Fund 3,472,386  
Fidelity Investment Grade Bond Central Fund 42,253,640  
Fidelity Materials Central Fund 202,605 
Fidelity Money Market Central Fund 9,349,350  
Fidelity Real Estate Equity Central Fund 414,401  
Fidelity Securities Lending Cash Central Fund 12,263  
Fidelity Telecom Services Central Fund 236,363  
Fidelity Utilities Central Fund 295,982  
Total $71,743,316  

Additional information regarding the Fund's fiscal year to date purchases and sales, including the ownership percentage, of the non Money Market Central Funds is as follows:

Fund Value, beginning of period Purchases Sales Proceeds Value, end of period % ownership, end of period 
Fidelity Commodity Strategy Central Fund $50,105,173 $47,129,995 $20,937,085 $72,648,845 11.9% 
Fidelity Consumer Discretionary Central Fund 68,678,608 1,580,588 30,831,623 46,921,161 3.1% 
Fidelity Consumer Staples Central Fund 51,340,221 2,387,939 21,471,385 34,880,289 2.8% 
Fidelity Emerging Markets Debt Central Fund 26,780,874 1,895,218 1,046,891 27,483,291 22.2% 
Fidelity Emerging Markets Equity Central Fund 24,332,423 45,159,998 2,991,579 70,515,991 10.2% 
Fidelity Energy Central Fund 41,337,119 1,194,182 14,652,357 24,302,567 2.8% 
Fidelity Financials Central Fund 113,590,007 3,682,759 48,760,313 89,515,142 3.1% 
Fidelity Floating Rate Central Fund 49,200,757 2,763,608 2,093,798 50,205,556 3.4% 
Fidelity Health Care Central Fund 81,651,474 5,689,410 29,356,272 64,816,158 2.9% 
Fidelity High Income Central Fund 1 168,812,887 8,619,207 78,235,071 101,948,476 20.2% 
Fidelity Industrials Central Fund 61,341,585 2,725,111 26,278,588 45,690,931 3.0% 
Fidelity Inflation-Protected Bond Index Central Fund 219,498,579 11,422,616 9,422,266 218,176,743 21.4% 
Fidelity Information Technology Central Fund 134,916,295 3,677,531 58,223,943 109,490,806 2.9% 
Fidelity International Credit Central Fund -- 29,784,166 59,779 29,605,464 29.5% 
Fidelity International Equity Central Fund 118,403,791 122,931,047 7,349,838 252,948,888 8.7% 
Fidelity Investment Grade Bond Central Fund 2,206,811,976 125,626,102 181,021,093 2,110,206,346 29.1% 
Fidelity Materials Central Fund 18,861,287 1,035,914 7,920,824 14,473,223 3.3% 
Fidelity Real Estate Equity Central Fund 35,580,172 1,000,952 11,099,796 25,111,122 20.1% 
Fidelity Telecom Services Central Fund 14,880,458 1,305,878 5,703,537 10,836,838 2.8% 
Fidelity Utilities Central Fund 19,868,098 1,132,972 7,717,515 14,665,933 3.0% 
Total $3,505,991,784 $420,745,193 $565,173,553 $3,414,443,770  

Investment Valuation

All investments are categorized as Level 1 under the Fair Value Hierarchy. The inputs or methodology used for valuing securities may not be an indication of the risk associated with investing in those securities. Additional information on valuation inputs is provided later in this section.

Investments are valued as of 4:00 p.m. Eastern time on the last calendar day of the period. Security transactions are accounted for as of trade date. The Fund categorizes the inputs to valuation techniques used to value its investments into a disclosure hierarchy consisting of three levels: Level 1 - quoted prices in active markets for identical investments: Level 2 - other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds etc.): Level 3 - unobservable inputs (including the Fund's own assumptions based on the best information available). Valuation techniques used to value the Fund's investments by major category are as follows:

Exchange-Traded Funds (ETFs) are valued at their last sale price or official closing price as reported by a third party pricing vendor on the primary market or exchange on which they are traded and are categorized as Level 1 in the hierarchy. In the event there were no sales during the day but the exchange reports a closing bid level, ETFs are valued at the closing bid and would be categorized as Level 1 in the hierarchy. In the event there was no closing bid, ETFs may be valued by another method that the Board believes reflects fair value in accordance with the Board's fair value pricing policies and may be categorized as Level 2 in the hierarchy.

Investments in open-end mutual funds, including the Fidelity Central Funds, are valued at their closing net asset value each business day and are categorized as Level 1 in the hierarchy.

Other Information

Income Tax Information

At June 30, 2017, the cost of investment securities for income tax purposes was $4,748,972,321. Net unrealized appreciation aggregated $206,084,465, of which $208,880,765 related to appreciated investment securities and $2,796,300 related to depreciated investment securities.

For additional information on the Fund's significant accounting policies, please refer to the Fund's most recent semiannual or annual shareholder report.





The fund's schedule of investments as of the date on the cover of this report has not been audited. This report is provided for the general information of the fund's shareholders. For more information regarding the fund and its holdings, please see the fund's most recent prospectus and annual report.

Third party trademarks and service marks are the property of their respective owners. All other trademarks and service marks are the property of FMR LLC or an affiliate.


Quarterly Holdings Report
for

Fidelity Asset Manager® 30%

June 30, 2017







TAN-QTLY-0817
1.849901.109





Investments June 30, 2017 (Unaudited)

Showing Percentage of Net Assets

Equity Central Funds - 27.3%   
 Shares Value 
Fidelity Commodity Strategy Central Fund (a) 2,804,608 $17,584,890 
Fidelity Consumer Discretionary Central Fund (a) 67,113 18,679,541 
Fidelity Consumer Staples Central Fund (a) 57,161 13,859,247 
Fidelity Emerging Markets Equity Central Fund (a) 93,510 21,280,055 
Fidelity Energy Central Fund (a) 87,532 9,786,030 
Fidelity Financials Central Fund (a) 350,664 35,641,519 
Fidelity Health Care Central Fund (a) 66,817 25,836,654 
Fidelity Industrials Central Fund (a) 66,175 18,190,720 
Fidelity Information Technology Central Fund (a) 106,263 43,626,466 
Fidelity International Equity Central Fund (a) 984,491 81,909,684 
Fidelity Materials Central Fund (a) 24,060 5,856,376 
Fidelity Real Estate Equity Central Fund (a) 49,548 5,585,029 
Fidelity Telecom Services Central Fund (a) 22,194 4,316,766 
Fidelity Utilities Central Fund (a) 32,603 5,799,670 
TOTAL EQUITY CENTRAL FUNDS   
(Cost $211,106,928)  307,952,647 
Fixed-Income Central Funds - 51.1%   
High Yield Fixed-Income Funds - 3.6%   
Fidelity Emerging Markets Debt Central Fund (a) 596,447 6,053,935 
Fidelity Floating Rate Central Fund (a) 109,700 11,333,085 
Fidelity High Income Central Fund 1 (a) 231,788 23,199,621 
TOTAL HIGH YIELD FIXED-INCOME FUNDS  40,586,641 
Investment Grade Fixed-Income Funds - 47.5%   
Fidelity Inflation-Protected Bond Index Central Fund (a) 488,052 49,556,846 
Fidelity International Credit Central Fund (a) 67,693 6,742,243 
Fidelity Investment Grade Bond Central Fund (a) 4,434,684 479,832,828 
TOTAL INVESTMENT GRADE FIXED-INCOME FUNDS  536,131,917 
TOTAL FIXED-INCOME CENTRAL FUNDS   
(Cost $558,133,267)  576,718,558 
Money Market Central Funds - 17.6%   
Fidelity Cash Central Fund, 1.10% (b) 53,440,965 53,451,653 
Fidelity Money Market Central Fund, 1.36% (b) 145,046,140 145,060,645 
TOTAL MONEY MARKET CENTRAL FUNDS   
(Cost $198,494,385)  198,512,298 
Investment Companies - 4.0%   
iShares 20+ Year Treasury Bond ETF 81,886 10,245,576 
iShares Core MSCI Emerging Markets ETF 288,135 14,418,274 
iShares MSCI EAFE Index ETF 147,274 9,602,265 
iShares MSCI Japan ETF 194,997 10,461,589 
TOTAL INVESTMENT COMPANIES   
(Cost $42,453,689)  44,727,704 
TOTAL INVESTMENT PORTFOLIO - 100.0%   
(Cost $1,010,188,269)  1,127,911,207 
NET OTHER ASSETS (LIABILITIES) - 0.0%  168,867 
NET ASSETS - 100%  $1,128,080,074 

Security Type Abbreviations

ETF – Exchange-Traded Fund

Legend

 (a) Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. A complete unaudited schedule of portfolio holdings for each Fidelity Central Fund is filed with the SEC for the first and third quarters of each fiscal year on Form N-Q and is available upon request or at the SEC's website at www.sec.gov. An unaudited holdings listing for the Fund, which presents direct holdings as well as the pro-rata share of securities and other investments held indirectly through its investment in underlying non-money market Fidelity Central Funds, other than the Commodity Strategy Central Fund, is available at fidelity.com and/or institutional.fidelity.com, as applicable. In addition, each Fidelity Central Fund's financial statements are available on the SEC's website or upon request.

 (b) Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements are available on the SEC's website or upon request.


Affiliated Central Funds

Information regarding fiscal year to date income earned by the Fund from investments in Fidelity Central Funds is as follows:

Fund Income earned 
Fidelity Cash Central Fund $270,940 
Fidelity Commodity Strategy Central Fund 17,786 
Fidelity Consumer Discretionary Central Fund 161,387 
Fidelity Consumer Staples Central Fund 247,065 
Fidelity Emerging Markets Debt Central Fund 307,096 
Fidelity Emerging Markets Equity Central Fund 256,337 
Fidelity Energy Central Fund 85,207 
Fidelity Financials Central Fund 406,087 
Fidelity Floating Rate Central Fund 403,130 
Fidelity Health Care Central Fund 148,323 
Fidelity High Income Central Fund 1 1,300,863 
Fidelity Industrials Central Fund 206,243 
Fidelity Inflation-Protected Bond Index Central Fund 51,636 
Fidelity Information Technology Central Fund 213,313 
Fidelity International Equity Central Fund 1,210,212 
Fidelity Investment Grade Bond Central Fund 8,989,443 
Fidelity Materials Central Fund 70,984 
Fidelity Money Market Central Fund 1,063,143 
Fidelity Real Estate Equity Central Fund 87,373 
Fidelity Securities Lending Cash Central Fund 952 
Fidelity Telecom Services Central Fund 81,365 
Fidelity Utilities Central Fund 101,921 
Total $15,680,806 

Additional information regarding the Fund's fiscal year to date purchases and sales, including the ownership percentage, of the non Money Market Central Funds is as follows:

Fund Value, beginning of period Purchases Sales Proceeds Value, end of period % ownership, end of period 
Fidelity Commodity Strategy Central Fund $11,200,594 $11,714,383 $4,474,603 $17,584,890 2.9% 
Fidelity Consumer Discretionary Central Fund 22,155,799 2,651,281 8,665,825 18,679,541 1.2% 
Fidelity Consumer Staples Central Fund 16,624,110 2,322,397 6,029,636 13,859,247 1.1% 
Fidelity Emerging Markets Debt Central Fund 5,399,172 953,835 274,475 6,053,935 4.9% 
Fidelity Emerging Markets Equity Central Fund 28,584,388 6,981,832 16,663,159 21,280,055 3.1% 
Fidelity Energy Central Fund 13,396,050 1,637,055 3,894,019 9,786,030 1.1% 
Fidelity Financials Central Fund 36,737,665 4,976,467 13,144,432 35,641,519 1.2% 
Fidelity Floating Rate Central Fund 10,112,638 1,701,663 548,948 11,333,085 0.8% 
Fidelity Health Care Central Fund 26,406,580 4,884,694 8,100,191 25,836,654 1.2% 
Fidelity High Income Central Fund 1 34,412,284 4,596,641 16,398,529 23,199,621 4.6% 
Fidelity Industrials Central Fund 19,838,054 2,943,788 7,228,607 18,190,720 1.2% 
Fidelity Inflation-Protected Bond Index Central Fund 44,523,012 8,161,191 2,441,236 49,556,846 4.9% 
Fidelity Information Technology Central Fund 43,782,735 5,578,294 15,953,012 43,626,466 1.2% 
Fidelity International Credit Central Fund -- 6,772,797 3,501 6,742,243 6.7% 
Fidelity International Equity Central Fund 44,887,078 32,816,503 2,697,067 81,909,684 2.8% 
Fidelity Investment Grade Bond Central Fund 447,839,272 81,154,651 41,100,657 479,832,828 6.6% 
Fidelity Materials Central Fund 6,081,059 798,150 1,870,957 5,856,376 1.3% 
Fidelity Real Estate Equity Central Fund 7,317,630 880,854 2,551,425 5,585,029 4.5% 
Fidelity Telecom Services Central Fund 4,803,468 796,352 1,384,319 4,316,766 1.1% 
Fidelity Utilities Central Fund 6,453,963 986,448 2,142,010 5,799,670 1.2% 
Total $830,555,551 $183,309,276 $155,566,608 $884,671,205  

Investment Valuation

All investments are categorized as Level 1 under the Fair Value Hierarchy. The inputs or methodology used for valuing securities may not be an indication of the risk associated with investing in those securities. Additional information on valuation inputs is provided later in this section.

Investments are valued as of 4:00 p.m. Eastern time on the last calendar day of the period. Security transactions are accounted for as of trade date. The Fund categorizes the inputs to valuation techniques used to value its investments into a disclosure hierarchy consisting of three levels: Level 1 - quoted prices in active markets for identical investments: Level 2 - other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds etc.): Level 3 - unobservable inputs (including the Fund's own assumptions based on the best information available). Valuation techniques used to value the Fund's investments by major category are as follows:

Exchange-Traded Funds (ETFs) are valued at their last sale price or official closing price as reported by a third party pricing vendor on the primary market or exchange on which they are traded and are categorized as Level 1 in the hierarchy. In the event there were no sales during the day but the exchange reports a closing bid level, ETFs are valued at the closing bid and would be categorized as Level 1 in the hierarchy. In the event there was no closing bid, ETFs may be valued by another method that the Board believes reflects fair value in accordance with the Board's fair value pricing policies and may be categorized as Level 2 in the hierarchy.

Investments in open-end mutual funds, including the Fidelity Central Funds, are valued at their closing net asset value each business day and are categorized as Level 1 in the hierarchy.

Other Information

Income Tax Information

At June 30, 2017, the cost of investment securities for income tax purposes was $1,058,861,723. Net unrealized appreciation aggregated $69,049,484, of which $70,091,599 related to appreciated investment securities and $1,042,115 related to depreciated investment securities.

For additional information on the Fund's significant accounting policies, please refer to the Fund's most recent semiannual or annual shareholder report.





The fund's schedule of investments as of the date on the cover of this report has not been audited. This report is provided for the general information of the fund's shareholders. For more information regarding the fund and its holdings, please see the fund's most recent prospectus and annual report.

Third party trademarks and service marks are the property of their respective owners. All other trademarks and service marks are the property of FMR LLC or an affiliate.


Quarterly Holdings Report
for

Fidelity Asset Manager® 40%

June 30, 2017







FAN-QTLY-0817
1.849911.109





Investments June 30, 2017 (Unaudited)

Showing Percentage of Net Assets

Equity Central Funds - 36.7%   
 Shares Value 
Fidelity Commodity Strategy Central Fund (a) 3,594,478 $22,537,376 
Fidelity Consumer Discretionary Central Fund (a) 115,374 32,112,112 
Fidelity Consumer Staples Central Fund (a) 98,429 23,865,015 
Fidelity Emerging Markets Equity Central Fund (a) 136,057 30,962,524 
Fidelity Energy Central Fund (a) 150,705 16,848,808 
Fidelity Financials Central Fund (a) 604,308 61,421,903 
Fidelity Health Care Central Fund (a) 114,935 44,443,207 
Fidelity Industrials Central Fund (a) 115,585 31,773,226 
Fidelity Information Technology Central Fund (a) 183,276 75,243,933 
Fidelity International Equity Central Fund (a) 1,528,916 127,205,771 
Fidelity Materials Central Fund (a) 41,349 10,064,853 
Fidelity Real Estate Equity Central Fund (a) 59,978 6,760,742 
Fidelity Telecom Services Central Fund (a) 37,732 7,338,888 
Fidelity Utilities Central Fund (a) 56,657 10,078,790 
TOTAL EQUITY CENTRAL FUNDS   
(Cost $356,548,055)  500,657,148 
Fixed-Income Central Funds - 45.6%   
High Yield Fixed-Income Funds - 3.6%   
Fidelity Emerging Markets Debt Central Fund (a) 709,487 7,201,292 
Fidelity Floating Rate Central Fund (a) 131,596 13,595,228 
Fidelity High Income Central Fund 1 (a) 280,580 28,083,279 
TOTAL HIGH YIELD FIXED-INCOME FUNDS  48,879,799 
Investment Grade Fixed-Income Funds - 42.0%   
Fidelity Inflation-Protected Bond Index Central Fund (a) 547,409 55,583,882 
Fidelity International Credit Central Fund (b) 81,632 8,130,499 
Fidelity Investment Grade Bond Central Fund (a) 4,700,089 508,549,591 
TOTAL INVESTMENT GRADE FIXED-INCOME FUNDS  572,263,972 
TOTAL FIXED-INCOME CENTRAL FUNDS   
(Cost $605,309,567)  621,143,771 
Money Market Central Funds - 13.0%   
Fidelity Cash Central Fund, 1.10% (c) 60,030,959 60,042,965 
Fidelity Money Market Central Fund, 1.36% (c) 116,657,413 116,669,079 
TOTAL MONEY MARKET CENTRAL FUNDS   
(Cost $176,693,603)  176,712,044 
Investment Companies - 4.7%   
iShares 20+ Year Treasury Bond ETF 113,564 14,209,128 
iShares Core MSCI Emerging Markets ETF 432,912 21,662,916 
iShares MSCI EAFE Index ETF 230,446 15,025,079 
iShares MSCI Japan ETF 238,787 12,810,923 
TOTAL INVESTMENT COMPANIES   
(Cost $59,724,841)  63,708,046 
TOTAL INVESTMENT PORTFOLIO - 100.0%   
(Cost $1,198,276,066)  1,362,221,009 
NET OTHER ASSETS (LIABILITIES) - 0.0%  (112,573) 
NET ASSETS - 100%  $1,362,108,436 

Security Type Abbreviations

ETF – Exchange-Traded Fund

Legend

 (a) Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. A complete unaudited schedule of portfolio holdings for each Fidelity Central Fund is filed with the SEC for the first and third quarters of each fiscal year on Form N-Q and is available upon request or at the SEC's website at www.sec.gov. An unaudited holdings listing for the Fund, which presents direct holdings as well as the pro-rata share of securities and other investments held indirectly through its investment in underlying non-money market Fidelity Central Funds, other than the Commodity Strategy Central Fund, is available at fidelity.com and/or institutional.fidelity.com, as applicable. In addition, each Fidelity Central Fund's financial statements are available on the SEC's website or upon request.

 (b) Affiliated Fund

 (c) Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements are available on the SEC's website or upon request.


Affiliated Central Funds

Information regarding fiscal year to date income earned by the Fund from investments in Fidelity Central Funds is as follows:

Fund Income earned 
Fidelity Cash Central Fund 327,900 
Fidelity Commodity Strategy Central Fund 22,640 
Fidelity Consumer Discretionary Central Fund 263,968 
Fidelity Consumer Staples Central Fund 408,911 
Fidelity Emerging Markets Debt Central Fund 363,334 
Fidelity Emerging Markets Equity Central Fund 229,637 
Fidelity Energy Central Fund 139,459 
Fidelity Financials Central Fund 669,161 
Fidelity Floating Rate Central Fund 482,054 
Fidelity Health Care Central Fund 245,494 
Fidelity High Income Central Fund 1 1,548,586 
Fidelity Industrials Central Fund 337,888 
Fidelity Inflation-Protected Bond Index Central Fund 57,514 
Fidelity Information Technology Central Fund 353,599 
Fidelity International Equity Central Fund 2,003,463 
Fidelity Investment Grade Bond Central Fund 9,405,191 
Fidelity Materials Central Fund 117,488 
Fidelity Money Market Central Fund 858,698 
Fidelity Real Estate Equity Central Fund 104,049 
Fidelity Securities Lending Cash Central Fund 5,539 
Fidelity Telecom Services Central Fund 132,900 
Fidelity Utilities Central Fund 166,234 
Total $18,243,707 

Additional information regarding the Fund's fiscal year to date purchases and sales, including the ownership percentage, of the non Money Market Central Funds is as follows:

Fund Value, beginning of period Purchases Sales Proceeds Value, end of period % ownership, end of period 
Fidelity Commodity Strategy Central Fund $14,203,746 $14,127,059 $4,786,891 $22,537,376 3.7% 
Fidelity Consumer Discretionary Central Fund 34,973,621 4,616,910 11,609,424 32,112,112 2.1% 
Fidelity Consumer Staples Central Fund 26,252,099 3,891,637 7,864,589 23,865,015 1.9% 
Fidelity Emerging Markets Debt Central Fund 6,286,409 1,154,508 213,913 7,201,292 5.8% 
Fidelity Emerging Markets Equity Central Fund 16,846,249 12,370,565 1,053,385 30,962,524 4.5% 
Fidelity Energy Central Fund 21,136,161 2,696,255 4,587,695 16,848,808 2.0% 
Fidelity Financials Central Fund 58,046,913 8,384,499 16,420,079 61,421,903 2.1% 
Fidelity Floating Rate Central Fund 11,873,894 2,070,288 427,827 13,595,228 0.9% 
Fidelity Health Care Central Fund 41,721,891 7,713,240 9,523,608 44,443,207 2.0% 
Fidelity High Income Central Fund 1 40,084,318 5,511,923 18,211,698 28,083,279 5.8% 
Fidelity Industrials Central Fund 31,319,965 5,060,236 8,826,999 31,773,226 2.1% 
Fidelity Inflation-Protected Bond Index Central Fund 48,366,031 9,763,022 1,796,856 55,583,882 5.4% 
Fidelity Information Technology Central Fund 69,046,230 9,783,618 20,465,037 75,243,933 2.0% 
Fidelity International Credit Central Fund -- 8,171,444 8,293 8,130,499 0.0% 
Fidelity International Equity Central Fund 78,773,956 40,285,799 3,187,168 127,205,771 4.4% 
Fidelity Investment Grade Bond Central Fund 453,420,893 92,302,233 29,239,375 508,549,591 7.0% 
Fidelity Materials Central Fund 9,597,095 1,298,799 2,195,694 10,064,853 2.3% 
Fidelity Real Estate Equity Central Fund 8,580,493 1,098,089 2,849,135 6,760,742 5.4% 
Fidelity Telecom Services Central Fund 7,611,629 1,304,719 1,721,730 7,338,888 1.9% 
Fidelity Utilities Central Fund 10,206,237 1,360,880 2,348,112 10,078,790 2.1% 
Total $988,347,830 $232,965,723 $147,337,508 $1,121,800,919  

Investment Valuation

All investments are categorized as Level 1 under the Fair Value Hierarchy. The inputs or methodology used for valuing securities may not be an indication of the risk associated with investing in those securities. Additional information on valuation inputs is provided later in this section.

Investments are valued as of 4:00 p.m. Eastern time on the last calendar day of the period. Security transactions are accounted for as of trade date. The Fund categorizes the inputs to valuation techniques used to value its investments into a disclosure hierarchy consisting of three levels: Level 1 - quoted prices in active markets for identical investments: Level 2 - other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds etc.): Level 3 - unobservable inputs (including the Fund's own assumptions based on the best information available). Valuation techniques used to value the Fund's investments by major category are as follows:

Exchange-Traded Funds (ETFs) are valued at their last sale price or official closing price as reported by a third party pricing vendor on the primary market or exchange on which they are traded and are categorized as Level 1 in the hierarchy. In the event there were no sales during the day but the exchange reports a closing bid level, ETFs are valued at the closing bid and would be categorized as Level 1 in the hierarchy. In the event there was no closing bid, ETFs may be valued by another method that the Board believes reflects fair value in accordance with the Board's fair value pricing policies and may be categorized as Level 2 in the hierarchy.

Investments in open-end mutual funds, including the Fidelity Central Funds, are valued at their closing net asset value each business day and are categorized as Level 1 in the hierarchy.

Other Information

Income Tax Information

At June 30, 2017, the cost of investment securities for income tax purposes was $1,251,813,147. Net unrealized appreciation aggregated $110,407,862, of which $111,390,274 related to appreciated investment securities and $982,412 related to depreciated investment securities.

For additional information on the Fund's significant accounting policies, please refer to the Fund's most recent semiannual or annual shareholder report.





The fund's schedule of investments as of the date on the cover of this report has not been audited. This report is provided for the general information of the fund's shareholders. For more information regarding the fund and its holdings, please see the fund's most recent prospectus and annual report.

Third party trademarks and service marks are the property of their respective owners. All other trademarks and service marks are the property of FMR LLC or an affiliate.


Quarterly Holdings Report
for

Fidelity Asset Manager® 50%

June 30, 2017







FAA-QTLY-0817
1.803291.113





Investments June 30, 2017 (Unaudited)

Showing Percentage of Net Assets

Equity Central Funds - 46.2%   
 Shares Value 
Fidelity Commodity Strategy Central Fund (a) 21,550,493 $135,121,589 
Fidelity Consumer Discretionary Central Fund (a) 905,948 252,152,609 
Fidelity Consumer Staples Central Fund (a) 774,364 187,752,367 
Fidelity Emerging Markets Equity Central Fund (a) 956,368 217,640,593 
Fidelity Energy Central Fund (a) 1,180,538 131,984,175 
Fidelity Financials Central Fund (a) 4,747,297 482,515,317 
Fidelity Health Care Central Fund (a) 902,468 348,966,332 
Fidelity Industrials Central Fund (a) 901,335 247,768,062 
Fidelity Information Technology Central Fund (a) 1,440,449 591,376,160 
Fidelity International Equity Central Fund (a) 11,195,493 931,465,010 
Fidelity Materials Central Fund (a) 323,786 78,812,823 
Fidelity Real Estate Equity Central Fund (a) 353,022 39,792,612 
Fidelity Telecom Services Central Fund (a) 297,116 57,789,008 
Fidelity Utilities Central Fund (a) 442,833 78,775,522 
TOTAL EQUITY CENTRAL FUNDS   
(Cost $2,211,366,715)  3,781,912,179 
Fixed-Income Central Funds - 40.5%   
High Yield Fixed-Income Funds - 3.6%   
Fidelity Emerging Markets Debt Central Fund (a) 4,167,925 42,304,441 
Fidelity Floating Rate Central Fund (a) 781,271 80,713,119 
Fidelity High Income Central Fund 1 (a) 1,684,380 168,589,574 
TOTAL HIGH YIELD FIXED-INCOME FUNDS  291,607,134 
Investment Grade Fixed-Income Funds - 36.9%   
Fidelity Inflation-Protected Bond Index Central Fund (a) 3,121,685 316,975,931 
Fidelity International Credit Central Fund (a) 491,813 48,984,558 
Fidelity Investment Grade Bond Central Fund (a) 24,545,466 2,655,819,422 
TOTAL INVESTMENT GRADE FIXED-INCOME FUNDS  3,021,779,911 
TOTAL FIXED-INCOME CENTRAL FUNDS   
(Cost $3,104,283,982)  3,313,387,045 
Money Market Central Funds - 8.1%   
Fidelity Cash Central Fund, 1.10% (b) 340,432,886 340,500,973 
Fidelity Money Market Central Fund, 1.36% (b) 317,563,921 317,595,678 
Fidelity Securities Lending Cash Central Fund 1.09% (b)(c) 5,273,073 5,273,600 
TOTAL MONEY MARKET CENTRAL FUNDS   
(Cost $663,281,445)  663,370,251 
Investment Companies - 5.3%   
iShares 20+ Year Treasury Bond ETF (d) 706,031 88,338,599 
iShares Core MSCI Emerging Markets ETF 3,120,618 156,155,723 
iShares MSCI EAFE Index ETF 1,723,929 112,400,171 
iShares MSCI Japan ETF 1,403,201 75,281,734 
TOTAL INVESTMENT COMPANIES   
(Cost $401,396,359)  432,176,227 
TOTAL INVESTMENT PORTFOLIO - 100.1%   
(Cost $6,380,328,501)  8,190,845,702 
NET OTHER ASSETS (LIABILITIES) - (0.1)%  (7,078,026) 
NET ASSETS - 100%  $8,183,767,676 

Security Type Abbreviations

ETF – Exchange-Traded Fund

Legend

 (a) Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. A complete unaudited schedule of portfolio holdings for each Fidelity Central Fund is filed with the SEC for the first and third quarters of each fiscal year on Form N-Q and is available upon request or at the SEC's website at www.sec.gov. An unaudited holdings listing for the Fund, which presents direct holdings as well as the pro-rata share of securities and other investments held indirectly through its investment in underlying non-money market Fidelity Central Funds, is available at fidelity.com and/or institutional.fidelity.com, as applicable. In addition, each Fidelity Central Fund's financial statements are available on the SEC's website or upon request.

 (b) Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements are available on the SEC's website or upon request.

 (c) Investment made with cash collateral received from securities on loan.

 (d) Security or a portion of the security is on loan at period end.


Affiliated Central Funds

Information regarding fiscal year to date income earned by the Fund from investments in Fidelity Central Funds is as follows:

Fund Income earned 
Fidelity Cash Central Fund $1,844,527 
Fidelity Commodity Strategy Central Fund 144,913 
Fidelity Consumer Discretionary Central Fund 2,136,058 
Fidelity Consumer Staples Central Fund 3,268,898  
Fidelity Emerging Markets Debt Central Fund 2,251,074  
Fidelity Emerging Markets Equity Central Fund 1,608,675  
Fidelity Energy Central Fund 1,127,680  
Fidelity Financials Central Fund 5,405,784  
Fidelity Floating Rate Central Fund 3,018,040  
Fidelity Health Care Central Fund 1,965,099  
Fidelity High Income Central Fund 1 9,729,053  
Fidelity Industrials Central Fund 2,737,576  
Fidelity Inflation-Protected Bond Index Central Fund 340,311  
Fidelity Information Technology Central Fund 2,847,102  
Fidelity International Equity Central Fund 15,635,891  
Fidelity Investment Grade Bond Central Fund 51,593,199  
Fidelity Materials Central Fund 947,370  
Fidelity Money Market Central Fund 2,555,634 
Fidelity Real Estate Equity Central Fund 646,834  
Fidelity Securities Lending Cash Central Fund 31,744 
Fidelity Telecom Services Central Fund 1,049,227  
Fidelity Utilities Central Fund 1,347,552  
Total $112,232,241 

Additional information regarding the Fund's fiscal year to date purchases and sales, including the ownership percentage, of the non Money Market Central Funds is as follows:

Fund Value, beginning of period Purchases Sales Proceeds Value, end of period % ownership, end of period 
Fidelity Commodity Strategy Central Fund $93,258,426 $77,450,167  $29,433,695 $135,121,589 22.1% 
Fidelity Consumer Discretionary Central Fund 296,469,005 7,708,089 85,323,868 252,152,609 16.5% 
Fidelity Consumer Staples Central Fund 221,457,869 10,196,533 56,311,302 187,752,367 15.2% 
Fidelity Emerging Markets Debt Central Fund 40,974,871 2,997,881  1,460,978  42,304,441 34.1% 
Fidelity Emerging Markets Equity Central Fund 123,855,678 83,248,520 8,655,261 217,640,593 31.4% 
Fidelity Energy Central Fund 178,072,990 5,230,524 32,698,299 131,984,175 15.3% 
Fidelity Financials Central Fund 488,622,266 15,663,543 114,897,091 482,515,317 16.9% 
Fidelity Floating Rate Central Fund 78,553,615 4,544,556 2,916,623 80,713,119 5.4% 
Fidelity Health Care Central Fund 350,759,138 25,676,227 62,665,101 348,966,332 15.8% 
Fidelity High Income Central Fund 1 265,166,398 14,023,431 114,956,068 168,589,574 34.6% 
Fidelity Industrials Central Fund 264,500,993 12,680,886 63,843,377 247,768,062 16.5% 
Fidelity Inflation-Protected Bond Index Central Fund 303,215,289 30,026,836 11,666,422 316,975,931 31.0% 
Fidelity Information Technology Central Fund 584,872,734 17,464,930 145,501,367 591,376,160 15.9% 
Fidelity International Credit Central Fund -- 49,292,702 111,208 48,984,558 48.8% 
Fidelity International Equity Central Fund 722,603,960 175,682,873 53,327,848 931,465,010 32.1% 
Fidelity Investment Grade Bond Central Fund 2,614,370,089 262,099,492 174,022,718 2,655,819,422 36.6% 
Fidelity Materials Central Fund 81,336,374 2,443,216 16,100,215 78,812,823 17.9% 
Fidelity Real Estate Equity Central Fund 55,385,111 1,689,582 16,737,491 39,792,612 31.8% 
Fidelity Telecom Services Central Fund 62,722,849 4,115,949 10,265,481 57,789,008 15.1% 
Fidelity Utilities Central Fund 85,707,338 4,078,291 17,857,991 78,775,522 16.2% 
Total $6,911,904,993 $806,314,228 $1,018,752,404 $7,095,299,224  

Investment Valuation

All investments are categorized as Level 1 under the Fair Value Hierarchy. The inputs or methodology used for valuing securities may not be an indication of the risk associated with investing in those securities. Additional information on valuation inputs is provided later in this section.

Investments are valued as of 4:00 p.m. Eastern time on the last calendar day of the period. Security transactions are accounted for as of trade date. The Fund categorizes the inputs to valuation techniques used to value its investments into a disclosure hierarchy consisting of three levels: Level 1 - quoted prices in active markets for identical investments: Level 2 - other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds etc.): Level 3 - unobservable inputs (including the Fund's own assumptions based on the best information available). Valuation techniques used to value the Fund's investments by major category are as follows:

Exchange-Traded Funds (ETFs) are valued at their last sale price or official closing price as reported by a third party pricing vendor on the primary market or exchange on which they are traded and are categorized as Level 1 in the hierarchy. In the event there were no sales during the day but the exchange reports a closing bid level, ETFs are valued at the closing bid and would be categorized as Level 1 in the hierarchy. In the event there was no closing bid, ETFs may be valued by another method that the Board believes reflects fair value in accordance with the Board's fair value pricing policies and may be categorized as Level 2 in the hierarchy.

Investments in open-end mutual funds, including the Fidelity Central Funds, are valued at their closing net asset value each business day and are categorized as Level 1 in the hierarchy.

Other Information

Income Tax Information

At June 30, 2017, the cost of investment securities for income tax purposes was $7,214,466,140. Net unrealized appreciation aggregated $976,379,562, of which $981,314,142 related to appreciated investment securities and $4,934,580 related to depreciated investment securities.

For additional information on the Fund's significant accounting policies, please refer to the Fund's most recent semiannual or annual shareholder report.





The fund's schedule of investments as of the date on the cover of this report has not been audited. This report is provided for the general information of the fund's shareholders. For more information regarding the fund and its holdings, please see the fund's most recent prospectus and annual report.

Third party trademarks and service marks are the property of their respective owners. All other trademarks and service marks are the property of FMR LLC or an affiliate.


Quarterly Holdings Report
for

Fidelity Asset Manager® 60%

June 30, 2017







SAN-QTLY-0817
1.849912.109





Investments June 30, 2017 (Unaudited)

Showing Percentage of Net Assets

Equity Central Funds - 55.8%   
 Shares Value 
Fidelity Commodity Strategy Central Fund (a) 4,889,189 $30,655,213 
Fidelity Consumer Discretionary Central Fund (a) 253,416 70,533,299 
Fidelity Consumer Staples Central Fund (a) 216,362 52,459,193 
Fidelity Emerging Markets Equity Central Fund (a) 253,832 57,764,655 
Fidelity Energy Central Fund (a) 330,218 36,918,334 
Fidelity Financials Central Fund (a) 1,327,437 134,920,712 
Fidelity Health Care Central Fund (a) 252,554 97,657,503 
Fidelity Industrials Central Fund (a) 252,304 69,355,812 
Fidelity Information Technology Central Fund (a) 402,777 165,360,059 
Fidelity International Equity Central Fund (a) 3,011,321 250,541,880 
Fidelity Materials Central Fund (a) 90,441 22,014,296 
Fidelity Real Estate Equity Central Fund (a) 80,373 9,059,697 
Fidelity Telecom Services Central Fund (a) 83,245 16,191,248 
Fidelity Utilities Central Fund (a) 124,329 22,116,940 
TOTAL EQUITY CENTRAL FUNDS   
(Cost $681,758,487)  1,035,548,841 
Fixed-Income Central Funds - 35.0%   
High Yield Fixed-Income Funds - 3.6%   
Fidelity Emerging Markets Debt Central Fund (a) 929,136 9,430,728 
Fidelity Floating Rate Central Fund (a) 177,992 18,388,393 
Fidelity High Income Central Fund 1 (a) 381,945 38,228,834 
TOTAL HIGH YIELD FIXED-INCOME FUNDS  66,047,955 
Investment Grade Fixed-Income Funds - 31.4%   
Fidelity Inflation-Protected Bond Index Central Fund (a) 704,416 71,526,431 
Fidelity Investment Grade Bond Central Fund (a) 4,734,918 512,318,089 
TOTAL INVESTMENT GRADE FIXED-INCOME FUNDS  583,844,520 
TOTAL FIXED-INCOME CENTRAL FUNDS   
(Cost $630,248,067)  649,892,475 
Money Market Central Funds - 3.5%   
Fidelity Cash Central Fund, 1.10% (b) 35,545,220 35,552,329 
Fidelity Money Market Central Fund, 1.36% (b) 30,070,673 30,073,680 
TOTAL MONEY MARKET CENTRAL FUNDS   
(Cost $65,617,326)  65,626,009 
Investment Companies - 5.7%   
iShares 20+ Year Treasury Bond ETF 151,130 18,909,386 
iShares Core MSCI Emerging Markets ETF 798,754 39,969,651 
iShares MSCI EAFE Index ETF 452,462 29,500,522 
iShares MSCI Japan ETF 309,689 16,614,815 
TOTAL INVESTMENT COMPANIES   
(Cost $98,029,922)  104,994,374 
TOTAL INVESTMENT PORTFOLIO - 100.0%   
(Cost $1,475,653,802)  1,856,061,699 
NET OTHER ASSETS (LIABILITIES) - 0.0%  (41,688) 
NET ASSETS - 100%  $1,856,020,011 

Security Type Abbreviations

ETF – Exchange-Traded Fund

Legend

 (a) Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. A complete unaudited schedule of portfolio holdings for each Fidelity Central Fund is filed with the SEC for the first and third quarters of each fiscal year on Form N-Q and is available upon request or at the SEC's website at www.sec.gov. An unaudited holdings listing for the Fund, which presents direct holdings as well as the pro-rata share of securities and other investments held indirectly through its investment in underlying non-money market Fidelity Central Funds, other than the Commodity Strategy Central Fund, is available at fidelity.com and/or institutional.fidelity.com, as applicable. In addition, each Fidelity Central Fund's financial statements are available on the SEC's website or upon request.

 (b) Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements are available on the SEC's website or upon request.


Affiliated Central Funds

Information regarding fiscal year to date income earned by the Fund from investments in Fidelity Central Funds is as follows:

Fund Income earned 
Fidelity Cash Central Fund $214,783 
Fidelity Commodity Strategy Central Fund 29,798 
Fidelity Consumer Discretionary Central Fund 550,422  
Fidelity Consumer Staples Central Fund 855,274  
Fidelity Emerging Markets Debt Central Fund 480,835  
Fidelity Emerging Markets Equity Central Fund 438,333  
Fidelity Energy Central Fund 290,740  
Fidelity Financials Central Fund 1,401,372  
Fidelity Floating Rate Central Fund 618,058  
Fidelity Health Care Central Fund 519,302  
Fidelity High Income Central Fund 1 2,084,178  
Fidelity Industrials Central Fund 705,440  
Fidelity Inflation-Protected Bond Index Central Fund 73,788  
Fidelity Information Technology Central Fund 746,538  
Fidelity International Equity Central Fund 4,200,399  
Fidelity Investment Grade Bond Central Fund 9,251,563  
Fidelity Materials Central Fund 247,374  
Fidelity Money Market Central Fund 244,713 
Fidelity Real Estate Equity Central Fund 137,916  
Fidelity Securities Lending Cash Central Fund 2,993 
Fidelity Telecom Services Central Fund 274,890  
Fidelity Utilities Central Fund 345,679  
Total $23,714,388 

Additional information regarding the Fund's fiscal year to date purchases and sales, including the ownership percentage, of the non Money Market Central Funds is as follows:

Fund Value, beginning of period Purchases Sales Proceeds Value, end of period % ownership, end of period 
Fidelity Commodity Strategy Central Fund $18,610,775 $19,432,727 $6,014,406 $30,655,213 5.0% 
Fidelity Consumer Discretionary Central Fund 70,882,185 9,784,386 18,714,106 70,533,299 4.6% 
Fidelity Consumer Staples Central Fund 53,048,360 8,320,340 12,392,206 52,459,193 4.2% 
Fidelity Emerging Markets Debt Central Fund 8,214,479 1,526,262 286,060 9,430,728 7.6% 
Fidelity Emerging Markets Equity Central Fund 29,379,814 24,598,428 2,040,257 57,764,655 8.3% 
Fidelity Energy Central Fund 42,666,865 6,094,360 6,485,387 36,918,334 4.3% 
Fidelity Financials Central Fund 117,359,278 17,596,713 23,505,966 134,920,712 4.7% 
Fidelity Floating Rate Central Fund 14,714,215 4,141,798 562,649 18,388,393 1.2% 
Fidelity Health Care Central Fund 84,314,184 15,958,257 12,787,140 97,657,503 4.4% 
Fidelity High Income Central Fund 1 53,050,901 7,410,268 23,182,672 38,228,834 7.6% 
Fidelity Industrials Central Fund 63,322,120 10,459,482 13,057,967 69,355,812 4.6% 
Fidelity Inflation-Protected Bond Index Central Fund 60,687,179 14,036,578 2,288,423 71,526,431 7.0% 
Fidelity Information Technology Central Fund 139,649,129 20,305,490 30,622,514 165,360,059 4.4% 
Fidelity International Equity Central Fund 180,699,204 58,239,180 12,371,519 250,541,880 8.6% 
Fidelity Investment Grade Bond Central Fund 432,844,176 103,007,009 16,405,940 512,318,089 7.1% 
Fidelity Materials Central Fund 19,433,946 3,048,010 3,297,991 22,014,296 5.0% 
Fidelity Real Estate Equity Central Fund 11,191,603 1,502,230 3,566,566 9,059,697 7.2% 
Fidelity Telecom Services Central Fund 15,237,712 3,124,241 2,427,126 16,191,248 4.2% 
Fidelity Utilities Central Fund 20,564,537 3,056,118 3,374,086 22,116,940 4.5% 
Total $1,435,870,662 $331,641,877 $193,382,981 $1,685,441,316  

Investment Valuation

All investments are categorized as Level 1 under the Fair Value Hierarchy. The inputs or methodology used for valuing securities may not be an indication of the risk associated with investing in those securities. Additional information on valuation inputs is provided later in this section.

Investments are valued as of 4:00 p.m. Eastern time on the last calendar day of the period. Security transactions are accounted for as of trade date. The Fund categorizes the inputs to valuation techniques used to value its investments into a disclosure hierarchy consisting of three levels: Level 1 - quoted prices in active markets for identical investments: Level 2 - other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds etc.): Level 3 - unobservable inputs (including the Fund's own assumptions based on the best information available). Valuation techniques used to value the Fund's investments by major category are as follows:

Exchange-Traded Funds (ETFs) are valued at their last sale price or official closing price as reported by a third party pricing vendor on the primary market or exchange on which they are traded and are categorized as Level 1 in the hierarchy. In the event there were no sales during the day but the exchange reports a closing bid level, ETFs are valued at the closing bid and would be categorized as Level 1 in the hierarchy. In the event there was no closing bid, ETFs may be valued by another method that the Board believes reflects fair value in accordance with the Board's fair value pricing policies and may be categorized as Level 2 in the hierarchy.

Investments in open-end mutual funds, including the Fidelity Central Funds, are valued at their closing net asset value each business day and are categorized as Level 1 in the hierarchy.

Other Information

Income Tax Information

At June 30, 2017, the cost of investment securities for income tax purposes was $1,614,221,010. Net unrealized appreciation aggregated $241,840,689, of which $243,036,330 related to appreciated investment securities and $1,195,641 related to depreciated investment securities.

For additional information on the Fund's significant accounting policies, please refer to the Fund's most recent semiannual or annual shareholder report.





The fund's schedule of investments as of the date on the cover of this report has not been audited. This report is provided for the general information of the fund's shareholders. For more information regarding the fund and its holdings, please see the fund's most recent prospectus and annual report.

Third party trademarks and service marks are the property of their respective owners. All other trademarks and service marks are the property of FMR LLC or an affiliate.


Quarterly Holdings Report
for

Fidelity Asset Manager® 70%

June 30, 2017







AMG-QTLY-0817
1.818368.112





Investments June 30, 2017 (Unaudited)

Showing Percentage of Net Assets

Equity Central Funds - 65.2%   
 Shares Value 
Fidelity Commodity Strategy Central Fund (a) 12,617,337 79,110,706 
Fidelity Consumer Discretionary Central Fund (a) 779,740 217,024,978 
Fidelity Consumer Staples Central Fund(a) 665,392 161,330,881 
Fidelity Emerging Markets Equity Central Fund (a) 737,156 167,754,642 
Fidelity Energy Central Fund (a) 1,019,315 113,959,441 
Fidelity Financials Central Fund (a) 4,084,172 415,115,275 
Fidelity Health Care Central Fund (a) 777,551 300,663,511 
Fidelity Industrials Central Fund (a) 779,069 214,158,313 
Fidelity Information Technology Central Fund (a) 1,238,457 508,448,635 
Fidelity International Equity Central Fund (a) 8,966,350 746,000,345 
Fidelity Materials Central Fund (a) 278,088 67,689,346 
Fidelity Real Estate Equity Central Fund (a) 204,436 23,043,975 
Fidelity Telecom Services Central Fund (a) 256,696 49,927,425 
Fidelity Utilities Central Fund (a) 381,711 67,902,602 
TOTAL EQUITY CENTRAL FUNDS   
(Cost $1,932,761,385)  3,132,130,075 
Fixed-Income Central Funds - 25.0%   
High Yield Fixed-Income Funds - 3.5%   
Fidelity Emerging Markets Debt Central Fund (a) 2,370,654 24,062,136 
Fidelity Floating Rate Central Fund(a) 457,155 47,228,641 
Fidelity High Income Central Fund 1 (a) 988,086 98,897,527 
TOTAL HIGH YIELD FIXED-INCOME FUNDS  170,188,304 
Investment Grade Fixed-Income Funds - 21.5%   
Fidelity Inflation-Protected Bond Index Central Fund (a) 1,816,404 184,437,646 
Fidelity Investment Grade Bond Central Fund (a) 7,830,984 847,312,479 
TOTAL INVESTMENT GRADE FIXED-INCOME FUNDS  1,031,750,125 
TOTAL FIXED-INCOME CENTRAL FUNDS   
(Cost $1,157,440,935)  1,201,938,429 
Money Market Central Funds - 3.6%   
Fidelity Cash Central Fund, 1.10% (b) 85,818,520 85,835,684 
Fidelity Money Market Central Fund, 1.36% (b) 85,481,583 85,490,131 
TOTAL MONEY MARKET CENTRAL FUNDS   
(Cost $171,304,222)  171,325,815 
Investment Companies - 6.2%   
iShares 20+ Year Treasury Bond ETF 377,763 47,265,707 
iShares Core MSCI Emerging Markets ETF 2,376,704 118,930,267 
iShares MSCI EAFE Index ETF 1,360,484 88,703,557 
iShares MSCI Japan ETF 805,852 43,233,960 
TOTAL INVESTMENT COMPANIES   
(Cost $278,679,794)  298,133,491 
TOTAL INVESTMENT PORTFOLIO - 100.0%   
(Cost $3,540,186,336)  4,803,527,810 
NET OTHER ASSETS (LIABILITIES) - 0.0%  (720,021) 
NET ASSETS - 100%  $4,802,807,789 

Security Type Abbreviations

ETF – Exchange-Traded Fund

Legend

 (a) Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. A complete unaudited schedule of portfolio holdings for each Fidelity Central Fund is filed with the SEC for the first and third quarters of each fiscal year on Form N-Q and is available upon request or at the SEC's website at www.sec.gov. An unaudited holdings listing for the Fund, which presents direct holdings as well as the pro-rata share of securities and other investments held indirectly through its investment in underlying non-money market Fidelity Central Funds, other than the Commodity Strategy Central Fund, is available at fidelity.com and/or institutional.fidelity.com, as applicable. In addition, each Fidelity Central Fund's financial statements are available on the SEC's website or upon request.

 (b) Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements are available on the SEC's website or upon request.


Affiliated Central Funds

Information regarding fiscal year to date income earned by the Fund from investments in Fidelity Central Funds is as follows:

Fund Income earned 
Fidelity Cash Central Fund $540,721 
Fidelity Commodity Strategy Central Fund 80,056 
Fidelity Consumer Discretionary Central Fund 1,713,808 
Fidelity Consumer Staples Central Fund 2,662,283 
Fidelity Emerging Markets Debt Central Fund 1,260,245 
Fidelity Emerging Markets Equity Central Fund 1,400,540 
Fidelity Energy Central Fund 906,996 
Fidelity Financials Central Fund 4,366,866 
Fidelity Floating Rate Central Fund 1,606,091 
Fidelity Health Care Central Fund 1,605,967 
Fidelity High Income Central Fund 1 5,498,235 
Fidelity Industrials Central Fund 2,207,848 
Fidelity Inflation-Protected Bond Index Central Fund 192,772 
Fidelity Information Technology Central Fund 2,317,271 
Fidelity International Equity Central Fund 12,958,420 
Fidelity Investment Grade Bond Central Fund 15,543,290 
Fidelity Materials Central Fund 772,303 
Fidelity Money Market Central Fund 695,641 
Fidelity Real Estate Equity Central Fund 365,753 
Fidelity Securities Lending Cash Central Fund 14,450 
Fidelity Telecom Services Central Fund 853,261 
Fidelity Utilities Central Fund 1,084,085 
Total $58,646,902 

Additional information regarding the Fund's fiscal year to date purchases and sales, including the ownership percentage, of the non Money Market Central Funds is as follows:

Fund Value, beginning of period Purchases Sales Proceeds Value, end of period % ownership, end of period 
Fidelity Commodity Strategy Central Fund $51,334,481 $46,731,336 $15,376,863 $79,110,706 12.9% 
Fidelity Consumer Discretionary Central Fund 228,752,701 14,353,647 52,575,103 217,024,978 14.2% 
Fidelity Consumer Staples Central Fund 171,025,446 13,449,192 33,589,770 161,330,881 13.1% 
Fidelity Emerging Markets Debt Central Fund 22,589,678 2,319,676 745,932 24,062,136 19.4% 
Fidelity Emerging Markets Equity Central Fund 103,828,872 59,613,555 13,485,529 167,754,642 24.2% 
Fidelity Energy Central Fund 137,557,692 8,671,866 15,924,019 113,959,441 13.2% 
Fidelity Financials Central Fund 377,965,323 24,951,972 61,535,147 415,115,275 14.5% 
Fidelity Floating Rate Central Fund 40,040,732 8,422,459 1,491,857 47,228,641 3.2% 
Fidelity Health Care Central Fund 271,527,129 27,124,893 28,476,989 300,663,511 13.6% 
Fidelity High Income Central Fund 1 146,610,179 11,250,309 61,417,718 98,897,527 19.6% 
Fidelity Industrials Central Fund 204,238,006 17,180,679 34,368,405 214,158,313 14.3% 
Fidelity Inflation-Protected Bond Index Central Fund 166,899,519 26,053,552 5,967,348 184,437,646 18.1% 
Fidelity Information Technology Central Fund 450,424,827 29,488,766 81,230,068 508,448,635 13.7% 
Fidelity International Equity Central Fund 590,297,357 126,460,625 44,219,148 746,000,345 25.7% 
Fidelity Investment Grade Bond Central Fund 769,772,053 123,739,226 32,833,691 847,312,479 11.7% 
Fidelity Materials Central Fund 62,745,788 3,806,711 7,656,649 67,689,346 15.4% 
Fidelity Real Estate Equity Central Fund 30,963,572 1,761,238 9,397,152 23,043,975 18.4% 
Fidelity Telecom Services Central Fund 48,841,512 4,218,521 3,938,037 49,927,425 13.1% 
Fidelity Utilities Central Fund 66,207,420 4,081,731 8,204,414 67,902,602 14.0% 
Total $3,941,622,287 $553,679,954 $512,433,839 $4,334,068,504  

Investment Valuation

All investments are categorized as Level 1 under the Fair Value Hierarchy. The inputs or methodology used for valuing securities may not be an indication of the risk associated with investing in those securities. Additional information on valuation inputs is provided later in this section.

Investments are valued as of 4:00 p.m. Eastern time on the last calendar day of the period. Security transactions are accounted for as of trade date. The Fund categorizes the inputs to valuation techniques used to value its investments into a disclosure hierarchy consisting of three levels: Level 1 - quoted prices in active markets for identical investments: Level 2 - other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds etc.): Level 3 - unobservable inputs (including the Fund's own assumptions based on the best information available). Valuation techniques used to value the Fund's investments by major category are as follows:

Exchange-Traded Funds (ETFs) are valued at their last sale price or official closing price as reported by a third party pricing vendor on the primary market or exchange on which they are traded and are categorized as Level 1 in the hierarchy. In the event there were no sales during the day but the exchange reports a closing bid level, ETFs are valued at the closing bid and would be categorized as Level 1 in the hierarchy. In the event there was no closing bid, ETFs may be valued by another method that the Board believes reflects fair value in accordance with the Board's fair value pricing policies and may be categorized as Level 2 in the hierarchy.

Investments in open-end mutual funds, including the Fidelity Central Funds, are valued at their closing net asset value each business day and are categorized as Level 1 in the hierarchy.

Other Information

Income Tax Information

At June 30, 2017, the cost of investment securities for income tax purposes was $4,021,422,710. Net unrealized appreciation aggregated $782,105,100, of which $785,783,020 related to appreciated investment securities and $3,677,920 related to depreciated investment securities.

For additional information on the Fund's significant accounting policies, please refer to the Fund's most recent semiannual or annual shareholder report.





The fund's schedule of investments as of the date on the cover of this report has not been audited. This report is provided for the general information of the fund's shareholders. For more information regarding the fund and its holdings, please see the fund's most recent prospectus and annual report.

Third party trademarks and service marks are the property of their respective owners. All other trademarks and service marks are the property of FMR LLC or an affiliate.


Quarterly Holdings Report
for

Fidelity Asset Manager® 85%

June 30, 2017







AGG-QTLY-0817
1.803292.113





Investments June 30, 2017 (Unaudited)

Showing Percentage of Net Assets

Equity Central Funds - 79.3%   
 Shares Value 
Fidelity Commodity Strategy Central Fund (a) 5,003,771 $31,373,644 
Fidelity Consumer Discretionary Central Fund (a) 387,099 107,741,243 
Fidelity Consumer Staples Central Fund (a) 330,313 80,087,725 
Fidelity Emerging Markets Equity Central Fund (a) 344,594 78,419,221 
Fidelity Energy Central Fund (a) 504,111 56,359,595 
Fidelity Financials Central Fund (a) 2,024,745 205,795,045 
Fidelity Health Care Central Fund (a) 385,312 148,992,315 
Fidelity Industrials Central Fund (a) 384,941 105,816,404 
Fidelity Information Technology Central Fund (a) 614,404 252,243,465 
Fidelity International Equity Central Fund (a) 4,189,848 348,595,380 
Fidelity Materials Central Fund (a) 137,886 33,562,824 
Fidelity Real Estate Equity Central Fund (a) 81,741 9,213,841 
Fidelity Telecom Services Central Fund (a) 127,590 24,816,228 
Fidelity Utilities Central Fund (a) 189,767 33,757,571 
TOTAL EQUITY CENTRAL FUNDS   
(Cost $961,852,329)  1,516,774,501 
Fixed-Income Central Funds - 13.6%   
High Yield Fixed-Income Funds - 2.7%   
Fidelity Emerging Markets Debt Central Fund (a) 3,233 32,819 
Fidelity Floating Rate Central Fund (a) 349,803 36,138,143 
Fidelity High Income Central Fund 1 (a) 161,571 16,171,625 
TOTAL HIGH YIELD FIXED-INCOME FUNDS  52,342,587 
Investment Grade Fixed-Income Funds - 10.9%   
Fidelity Inflation-Protected Bond Index Central Fund (a) 710,243 72,118,095 
Fidelity Investment Grade Bond Central Fund (a) 1,255,982 135,897,209 
TOTAL INVESTMENT GRADE FIXED-INCOME FUNDS  208,015,304 
TOTAL FIXED-INCOME CENTRAL FUNDS   
(Cost $255,926,944)  260,357,891 
Money Market Central Funds - 0.2%   
Fidelity Cash Central Fund, 1.10% (b) 2,536,406 2,536,913 
Fidelity Securities Lending Cash Central Fund 1.09% (b)(c) 1,264,533 1,264,660 
TOTAL MONEY MARKET CENTRAL FUNDS   
(Cost $3,801,635)  3,801,573 
Investment Companies - 7.0%   
iShares 20+ Year Treasury Bond ETF 117,874 14,748,395 
iShares Core MSCI Emerging Markets ETF 1,096,457 54,866,708 
iShares MSCI EAFE Index ETF 635,843 41,456,964 
iShares MSCI Japan ETF (d) 442,058 23,716,412 
TOTAL INVESTMENT COMPANIES   
(Cost $127,204,026)  134,788,479 
TOTAL INVESTMENT PORTFOLIO - 100.1%   
(Cost $1,348,784,934)  1,915,722,444 
NET OTHER ASSETS (LIABILITIES) - (0.1)%  (1,700,110) 
NET ASSETS - 100%  $1,914,022,334 

Security Type Abbreviations

ETF – Exchange-Traded Fund

Legend

 (a) Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. A complete unaudited schedule of portfolio holdings for each Fidelity Central Fund is filed with the SEC for the first and third quarters of each fiscal year on Form N-Q and is available upon request or at the SEC's website at www.sec.gov. An unaudited holdings listing for the Fund, which presents direct holdings as well as the pro-rata share of securities and other investments held indirectly through its investment in underlying non-money market Fidelity Central Funds, other than the Commodity Strategy Central Fund, is available at fidelity.com and/or institutional.fidelity.com, as applicable. In addition, each Fidelity Central Fund's financial statements are available on the SEC's website or upon request.

 (b) Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements are available on the SEC's website or upon request.

 (c) Investment made with cash collateral received from securities on loan.

 (d) Security or a portion of the security is on loan at period end.


Affiliated Central Funds

Information regarding fiscal year to date income earned by the Fund from investments in Fidelity Central Funds is as follows:

Fund Income earned 
Fidelity Cash Central Fund $45,193 
Fidelity Commodity Strategy Central Fund 33,138 
Fidelity Consumer Discretionary Central Fund 825,899 
Fidelity Consumer Staples Central Fund 1,282,262 
Fidelity Emerging Markets Debt Central Fund 1,731  
Fidelity Emerging Markets Equity Central Fund 738,490  
Fidelity Energy Central Fund 437,434  
Fidelity Financials Central Fund 2,112,607  
Fidelity Floating Rate Central Fund 1,137,050  
Fidelity Health Care Central Fund 776,144  
Fidelity High Income Central Fund 1 1,223,455  
Fidelity Industrials Central Fund 1,061,965  
Fidelity Inflation-Protected Bond Index Central Fund 74,718  
Fidelity Information Technology Central Fund 1,125,419  
Fidelity International Equity Central Fund 6,008,587  
Fidelity Investment Grade Bond Central Fund 2,369,714  
Fidelity Materials Central Fund 371,580 
Fidelity Real Estate Equity Central Fund 160,047  
Fidelity Securities Lending Cash Central Fund 13,221 
Fidelity Telecom Services Central Fund 409,100  
Fidelity Utilities Central Fund 519,451  
Total $20,727,205 

Additional information regarding the Fund's fiscal year to date purchases and sales, including the ownership percentage, of the non Money Market Central Funds is as follows:

Fund Value, beginning of period Purchases Sales Proceeds Value, end of period % ownership, end of period 
Fidelity Commodity Strategy Central Fund $21,165,035 $17,904,144 $6,259,244 $31,373,644 5.1% 
Fidelity Consumer Discretionary Central Fund 109,506,168 11,282,489 25,790,086 107,741,243 7.1% 
Fidelity Consumer Staples Central Fund 81,838,175 10,203,605 17,067,510 80,087,725 6.5% 
Fidelity Emerging Markets Debt Central Fund 31,247 1,731 -- 32,819 0.0% 
Fidelity Emerging Markets Equity Central Fund 55,428,042 30,207,054 16,823,331 78,419,221 11.3% 
Fidelity Energy Central Fund 65,847,954 7,166,560 8,606,415 56,359,595 6.6% 
Fidelity Financials Central Fund 180,987,331 21,655,698 32,330,248 205,795,045 7.2% 
Fidelity Floating Rate Central Fund 14,996,108 22,106,201 1,124,346 36,138,143 2.4% 
Fidelity Health Care Central Fund 130,009,719 20,370,373 16,389,507 148,992,315 6.8% 
Fidelity High Income Central Fund 1 39,327,648 3,718,427 27,442,690 16,171,625 3.2% 
Fidelity Industrials Central Fund 97,786,521 13,565,325 18,493,841 105,816,404 7.1% 
Fidelity Inflation-Protected Bond Index Central Fund 63,204,048 13,339,873 3,477,372 72,118,095 7.1% 
Fidelity Information Technology Central Fund 215,684,381 24,103,029 41,076,572 252,243,465 6.8% 
Fidelity International Equity Central Fund 262,987,486 77,673,525 26,410,439 348,595,380 12.0% 
Fidelity Investment Grade Bond Central Fund 124,485,676 37,894,776 24,338,771 135,897,209 1.9% 
Fidelity Materials Central Fund 30,031,628 4,109,909 4,826,626 33,562,824 7.6% 
Fidelity Real Estate Equity Central Fund 14,381,304 1,429,759 6,441,106 9,213,841 7.4% 
Fidelity Telecom Services Central Fund 23,394,293 4,205,625 3,153,213 24,816,228 6.5% 
Fidelity Utilities Central Fund 31,672,540 4,247,411 4,952,137 33,757,571 6.9% 
Total $1,562,765,304 $325,185,514 $285,003,454 $1,777,132,392  

Investment Valuation

All investments are categorized as Level 1 under the Fair Value Hierarchy. The inputs or methodology used for valuing securities may not be an indication of the risk associated with investing in those securities. Additional information on valuation inputs is provided later in this section.

Investments are valued as of 4:00 p.m. Eastern time on the last calendar day of the period. Security transactions are accounted for as of trade date. The Fund categorizes the inputs to valuation techniques used to value its investments into a disclosure hierarchy consisting of three levels: Level 1 - quoted prices in active markets for identical investments: Level 2 - other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds etc.): Level 3 - unobservable inputs (including the Fund's own assumptions based on the best information available). Valuation techniques used to value the Fund's investments by major category are as follows:

Exchange-Traded Funds (ETFs) are valued at their last sale price or official closing price as reported by a third party pricing vendor on the primary market or exchange on which they are traded and are categorized as Level 1 in the hierarchy. In the event there were no sales during the day but the exchange reports a closing bid level, ETFs are valued at the closing bid and would be categorized as Level 1 in the hierarchy. In the event there was no closing bid, ETFs may be valued by another method that the Board believes reflects fair value in accordance with the Board's fair value pricing policies and may be categorized as Level 2 in the hierarchy.

Investments in open-end mutual funds, including the Fidelity Central Funds, are valued at their closing net asset value each business day and are categorized as Level 1 in the hierarchy.

Other Information

Income Tax Information

At June 30, 2017, the cost of investment securities for income tax purposes was $1,550,175,213. Net unrealized appreciation aggregated $365,547,231, of which $366,756,904 related to appreciated investment securities and $1,209,673 related to depreciated investment securities.

For additional information on the Fund's significant accounting policies, please refer to the Fund's most recent semiannual or annual shareholder report.





The fund's schedule of investments as of the date on the cover of this report has not been audited. This report is provided for the general information of the fund's shareholders. For more information regarding the fund and its holdings, please see the fund's most recent prospectus and annual report.

Third party trademarks and service marks are the property of their respective owners. All other trademarks and service marks are the property of FMR LLC or an affiliate.




Item 2.

Controls and Procedures


(a)(i)  The President and Treasurer and the Chief Financial Officer have concluded that the Fidelity Charles Street Trusts (the Trust) disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act) provide reasonable assurances that material information relating to the Trust is made known to them by the appropriate persons, based on their evaluation of these controls and procedures as of a date within 90 days of the filing date of this report.


(a)(ii)  There was no change in the Trusts internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act) that occurred during the Trusts last fiscal quarter that has materially affected, or is reasonably likely to materially affect, the Trusts internal control over financial reporting.


Item 3.

Exhibits


Certification pursuant to Rule 30a-2(a) under the Investment Company Act of 1940 (17 CFR 270.30a-2(a)) is filed and attached hereto as Exhibit 99.CERT.




SIGNATURES


Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.


Fidelity Charles Street Trust



By:

/s/Stephanie J. Dorsey


Stephanie J. Dorsey


President and Treasurer



Date:

August 28, 2017


Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.



By:

/s/Stephanie J. Dorsey


Stephanie J. Dorsey


President and Treasurer



Date:

August 28, 2017



By:

/s/Howard J. Galligan III


Howard J. Galligan III


Chief Financial Officer



Date:

August 28, 2017