The following information supplements similar information under the heading "Portfolio Manager(s)" in the "Fund Summary" section on page 6.
Morgen Peck (co-manager) has managed the fund since March 2011.
The following information supplements the biographical information found in the "Fund Management" section on page 16.
Morgen Peck is co-manager of the fund, which she has managed since March 2011. She also manages other Fidelity funds. Since joining Fidelity Investments in 2003, Ms. Peck has worked as a research analyst and portfolio manager.
SMO-11-01 March 11, 2011 1.843345.109
The following information supplements similar information under the heading "Portfolio Manager(s)" in the "Fund Summary" section on page 6.
Morgen Peck (co-manager) has managed the fund since March 2011.
The following information supplements the biographical information found in the "Fund Management" section on page 16.
Morgen Peck is co-manager of the fund, which she has managed since March 2011. She also manages other Fidelity funds. Since joining Fidelity Investments in 2003, Ms. Peck has worked as a research analyst and portfolio manager.
SMO-F-11-01 March 11, 2011 1.904319.101