FIDELITY SECURITIES FUND

0001193125-24-054756.txt : 20240301 0001193125-24-054756.hdr.sgml : 20240301 20240301092351 ACCESSION NUMBER: 0001193125-24-054756 CONFORMED SUBMISSION TYPE: 497K PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240301 DATE AS OF CHANGE: 20240301 EFFECTIVENESS DATE: 20240301 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FIDELITY SECURITIES FUND CENTRAL INDEX KEY: 0000754510 ORGANIZATION NAME: IRS NUMBER: 000000000 STATE OF INCORPORATION: MA FISCAL YEAR END: 0731 FILING VALUES: FORM TYPE: 497K SEC ACT: 1933 Act SEC FILE NUMBER: 002-93601 FILM NUMBER: 24707309 BUSINESS ADDRESS: STREET 1: 245 SUMMER STREET CITY: BOSTON STATE: MA ZIP: 02210 BUSINESS PHONE: 617-563-7000 MAIL ADDRESS: STREET 1: 245 SUMMER STREET CITY: BOSTON STATE: MA ZIP: 02210

0000754510 S000007192 Fidelity Real Estate Income Fund

C000019680 Fidelity Real Estate Income Fund FRIFX

C000087887 Fidelity Advisor Real Estate Income Fund: Class A FRINX

C000087889 Fidelity Advisor Real Estate Income Fund: Class C FRIOX

C000087890 Fidelity Advisor Real Estate Income Fund: Class M FRIQX

C000087891 Fidelity Advisor Real Estate Income Fund: Class I FRIRX

C000205040 Fidelity Advisor Real Estate Income Fund: Class Z FIKMX

497K 1 d695633d497k.htm FIDELITY SECURITIES FUND FIDELITY SECURITIES FUND

Supplement to the

Fidelity® Real Estate Income Fund

September 29, 2023

Summary Prospectus

Effective March 1, 2024, the fund’s 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 class’s management fee.

The following information replaces similar information 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		0.67%^A,B

Distribution and/or Service (12b-1) fees		None

Other expenses		0.01%^B

Total annual operating expenses		0.68%

^A The management fee covers administrative services previously provided under separate services agreements with the fund, for which 0.20% was previously charged under the services agreements.

^B Adjusted to reflect current fees.


1 year		$ 69

3 years		$ 218

5 years		$ 379

10 years		$ 847

REI-SUSTK-0324-101

1.9886604.101

March 1, 2024

Supplement to the

Fidelity® Real Estate Income Fund

Class A, Class M, Class C, Class I, and Class Z

September 29, 2023

Summary Prospectus

The following information replaces similar information 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

0.70%^A,B

0.71%^A,B

0.70%^A,B

0.69%^A,B

0.56%^A,B

Distribution and/or Service (12b-1) fees

0.25%

1.00%

None

Other expenses

0.01%^B

Total annual operating expenses

0.96%

0.97%

1.71%

0.70%

0.57%

^A The management fee covers administrative services previously provided under separate services agreements with the fund, for which 0.21% for Class A, 0.23% for Class M, 0.21% for Class C, 0.19% for Class I, and 0.07% 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	$ 494	$ 494	$ 495	$ 495	$ 274	$ 174	$ 72	$ 72	$ 58	$ 58

3 years	$ 694	$ 694	$ 697	$ 697	$ 539	$ 539	$ 224	$ 224	$ 183	$ 183

5 years	$ 910	$ 910	$ 915	$ 915	$ 928	$ 928	$ 390	$ 390	$ 318	$ 318

10 years	$ 1,531	$ 1,531	$ 1,542	$ 1,542	$ 1,821	$ 1,821	$ 871	$ 871	$ 714	$ 714

REIA-SUSTK-0324-105

1.9881419.105

March 1, 2024