NPORT-EX 2 QTLY_6046_20201231.htm

Quarterly Holdings Report
for

Fidelity® Health Savings Fund

December 31, 2020







HSF-QTLY-0221
1.9897532.100





Schedule of Investments December 31, 2020 (Unaudited)

Showing Percentage of Net Assets

Equity Central Funds - 28.5%   
 Shares Value 
Fidelity Emerging Markets Equity Central Fund (a) 2,290 $661,381 
Fidelity International Equity Central Fund (a) 7,553 728,549 
Fidelity Real Estate Equity Central Fund (a) 156 18,211 
Fidelity U.S. Equity Central Fund (a) 18,737 2,170,284 
TOTAL EQUITY CENTRAL FUNDS   
(Cost $3,067,840)  3,578,425 
Fixed-Income Central Funds - 41.5%   
High Yield Fixed-Income Funds - 12.7%   
Fidelity Emerging Markets Debt Central Fund (a) 134,474 1,260,022 
Fidelity Emerging Markets Debt Local Currency Central Fund (a) 500 54,165 
Fidelity Floating Rate Central Fund (a) 932 92,316 
Fidelity High Income Central Fund (a) 1,734 190,067 
TOTAL HIGH YIELD FIXED-INCOME FUNDS  1,596,570 
Investment Grade Fixed-Income Funds - 28.8%   
Fidelity Inflation-Protected Bond Index Central Fund (a) 17,540 1,914,349 
Fidelity Investment Grade Bond Central Fund (a) 14,521 1,700,012 
TOTAL INVESTMENT GRADE FIXED-INCOME FUNDS  3,614,361 
TOTAL FIXED-INCOME CENTRAL FUNDS   
(Cost $5,109,738)  5,210,931 
Money Market Central Funds - 0.0%   
Fidelity Cash Central Fund 0.11% (b)   
(Cost $886) 886 886 
Investment Companies - 2.3%   
JPMorgan BetaBuilders Japan ETF 3,793 106,204 
Market Vectors Gold Miners ETF 4,861 175,093 
TOTAL INVESTMENT COMPANIES   
(Cost $230,263)  281,297 
Fixed-Income Funds - 27.7%   
Fidelity International Bond Index Fund (c) 226,892 2,321,100 
Fidelity Long-Term Treasury Bond Index Fund (c) 72,535 1,156,930 
TOTAL FIXED-INCOME FUNDS   
(Cost $3,488,728)  3,478,030 
TOTAL INVESTMENT IN SECURITIES - 100.0%   
(Cost $11,897,455)  12,549,569 
NET OTHER ASSETS (LIABILITIES) - 0.0%  6,263 
NET ASSETS - 100%  $12,555,832 

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-PORT 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) Affiliated Fund

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 Emerging Markets Debt Central Fund $11,399 
Fidelity Emerging Markets Debt Local Currency Central Fund 487 
Fidelity Emerging Markets Equity Central Fund 2,732 
Fidelity Floating Rate Central Fund 567 
Fidelity High Income Central Fund 2,419 
Fidelity Inflation-Protected Bond Index Central Fund 24,633 
Fidelity International Equity Central Fund 2,302 
Fidelity Investment Grade Bond Central Fund 41,711 
Fidelity Real Estate Equity Central Fund 182 
Fidelity U.S. Equity Central Fund 16,202 
Total $102,634 

Amounts in the income column in the above table include any capital gain distributions from underlying funds.

Fiscal year to date information regarding the Fund’s investments in non-Money Market Central Funds, including the ownership percentage, is presented below.

Fund Value, beginning of period Purchases Sales Proceeds Realized Gain/Loss Change in Unrealized appreciation (depreciation) Value, end of period % ownership, end of period 
Fidelity Emerging Markets Debt Central Fund $754,232 $463,496 $1,440 $(14) $43,748 $1,260,022 0.0% 
Fidelity Emerging Markets Debt Local Currency Central Fund 34,051 17,286 -- -- 2,828 54,165 0.0% 
Fidelity Emerging Markets Equity Central Fund 345,376 221,212 508 113 95,188 661,381 0.0% 
Fidelity Floating Rate Central Fund 34,237 56,855 53 -- 1,277 92,316 0.0% 
Fidelity High Income Central Fund 129,693 70,489 18,018 (18) 7,921 190,067 0.0% 
Fidelity Inflation-Protected Bond Index Central Fund 1,225,239 687,981 1,534 (8) 2,671 1,914,349 0.1% 
Fidelity International Equity Central Fund 428,306 274,338 49,529 232 75,202 728,549 0.0% 
Fidelity Investment Grade Bond Central Fund 1,218,676 671,720 175,825 383 (14,942) 1,700,012 0.0% 
Fidelity Real Estate Equity Central Fund 10,874 6,299 14 1,051 18,211 0.0% 
Fidelity U.S. Equity Central Fund 1,166,794 901,867 130,333 6,107 225,849 2,170,284 0.0% 
Total $5,347,478 $3,371,543 $377,254 $6,796 $440,793 $8,789,356  

Affiliated Underlying Funds

Fiscal year to date information regarding the Fund's investments in affiliated Underlying Funds, excluding any Money Market Central Funds, is presented below. Exchanges between classes of the same affiliated Underlying Funds may occur.

Affiliate Value, beginning of period Purchases Sales Proceeds Dividend Income Realized Gain (loss) Change in Unrealized appreciation (depreciation) Value, end of period 
Fidelity International Bond Index Fund $1,422,603 $954,698 $67,499 $8,093 $103 $11,195 $2,321,100 
Fidelity Long-Term Treasury Bond Index Fund 548,472 654,858 864 23,760  (46) (45,490) 1,156,930 
Total $1,971,075 $1,609,556 $68,363 $31,853 $57 $(34,295) $3,478,030 

Amounts in the income column in the above table include any capital gain distributions from underlying funds.

Investment Valuation

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 Board of Trustees (the Board) has delegated the day to day responsibility for the valuation of the Fund's investments to the Fair Value Committee (the Committee) established by the Fund's investment adviser. In accordance with valuation policies and procedures approved by the Board, the Fund attempts to obtain prices from one or more third party pricing vendors or brokers to value its investments. When current market prices, quotations or currency exchange rates are not readily available or reliable, investments will be fair valued in good faith by the Committee, in accordance with procedures adopted by the Board. Factors used in determining fair value vary by investment type and may include market or investment specific events. The frequency with which these procedures are used cannot be predicted and they may be utilized to a significant extent. The Committee oversees the Fund’s valuation policies and procedures and reports to the Board on the Committee's activities and fair value determinations. The Board monitors the appropriateness of the procedures used in valuing the Fund's investments and ratifies the fair value determinations of the Committee. 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). Changes in valuation techniques may result in transfers in or out of an assigned level within the disclosure hierarchy. Valuation techniques used to value the Fund's investments by major category are as follows:

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

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.

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.

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