Supplement to the
Fidelity® SAI Sustainable Emerging Markets Equity Fund
December 30, 2023
Summary Prospectus
Effective March 1, 2024, the funds management contract was amended to incorporate a lower flat rate management fee.
The following information replaces similar information for Fidelity® SAI Sustainable Emerging Markets Equity Fund 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 |
0.75%A | |
Distribution and/or Service (12b-1) fees |
None | |
Other expenses |
4.22% | |
| ||
Total annual operating expenses |
4.97% | |
Fee waiver and/or expense reimbursement |
4.02%B | |
| ||
Total annual operating expenses after fee waiver and/or expense reimbursement |
0.95% |
A Adjusted to reflect current fees.
B Fidelity Management & Research Company LLC (FMR) has contractually agreed to reimburse the fund to the extent that total operating expenses (excluding interest, certain taxes, fees and expenses of the Independent Trustees, proxy and shareholder meeting expenses, extraordinary expenses, and acquired fund fees and expenses (including fees and expenses associated with a wholly owned subsidiary), if any, as well as non-operating expenses such as brokerage commissions and fees and expenses associated with the funds securities lending program, if applicable), as a percentage of its average net assets, exceed 0.95% (the Expense Cap). If at any time during the current fiscal year expenses for the fund fall below the Expense Cap, FMR reserves the right to recoup through the end of the fiscal year any expenses that were reimbursed during the current fiscal year up to, but not in excess of, the Expense Cap. This arrangement will remain in effect through February 28, 2025. FMR may not terminate this arrangement before the expiration date without the approval of the Board of Trustees and may extend it in its discretion after that date.
1 year |
$ 97 | |
3 years |
$ 1,002 | |
5 years |
$ 2,051 | |
10 years |
$ 4,676 |
ESP-SUSTK-0324-100 1.9911682.100 |
March 1, 2024 |