NPORT-EX 2 QTLY_3226_20210731.htm

Quarterly Holdings Report
for

Fidelity® Series International Index Fund

July 31, 2021







IIF-QTLY-0921
1.9891252.102





Schedule of Investments July 31, 2021 (Unaudited)

Showing Percentage of Net Assets

Common Stocks - 93.4%   
 Shares Value 
Australia - 6.4%   
Afterpay Ltd. (a) 3,029 $214,859 
AGL Energy Ltd. 8,871 47,067 
Ampol Ltd. 3,143 65,158 
APA Group unit 16,580 115,954 
Aristocrat Leisure Ltd. 8,047 245,896 
ASX Ltd. 2,699 152,293 
Aurizon Holdings Ltd. 26,435 74,881 
AusNet Services 25,582 34,261 
Australia & New Zealand Banking Group Ltd. 39,597 805,204 
BHP Group Ltd. 41,029 1,611,571 
BlueScope Steel Ltd. 7,080 125,683 
Brambles Ltd. 20,649 176,081 
Cochlear Ltd. 919 165,459 
Coles Group Ltd. 18,625 239,053 
Commonwealth Bank of Australia 24,693 1,805,753 
Computershare Ltd. 7,625 87,291 
Crown Ltd. (a) 5,050 31,908 
CSL Ltd. 6,341 1,344,397 
Dexus unit 15,401 116,185 
Dominos Pizza Enterprises Ltd. 797 68,226 
Endeavour Group Ltd. (a) 18,977 92,331 
Evolution Mining Ltd. 22,581 69,267 
Fortescue Metals Group Ltd. 23,605 431,504 
Goodman Group unit 23,233 386,002 
Insurance Australia Group Ltd. 34,640 123,290 
Lendlease Group unit 9,762 87,184 
Macquarie Group Ltd. 4,779 550,259 
Magellan Financial Group Ltd. 1,947 69,826 
Medibank Private Ltd. 38,636 93,849 
Mirvac Group unit 55,614 116,723 
National Australia Bank Ltd. 45,831 872,106 
Newcrest Mining Ltd. 11,432 222,235 
Northern Star Resources Ltd. 15,501 116,257 
Orica Ltd. 5,363 48,763 
Origin Energy Ltd. 24,767 74,700 
Qantas Airways Ltd. 12,125 40,842 
QBE Insurance Group Ltd. 20,673 165,211 
Ramsay Health Care Ltd. 2,563 120,638 
REA Group Ltd. 746 88,501 
Reece Ltd. 3,806 65,664 
Rio Tinto Ltd. 5,175 506,686 
Santos Ltd. 26,296 124,468 
Scentre Group unit 73,353 139,958 
SEEK Ltd. 4,731 101,621 
Sonic Healthcare Ltd. 6,356 186,667 
South32 Ltd. 67,043 146,123 
Stockland Corp. Ltd. unit 33,772 109,048 
Suncorp Group Ltd. 17,933 151,868 
Sydney Airport unit (a) 18,551 106,323 
Tabcorp Holdings Ltd. 31,389 114,022 
Telstra Corp. Ltd. 58,107 161,186 
The GPT Group unit 27,782 95,211 
Transurban Group unit 38,257 401,471 
Treasury Wine Estates Ltd. 10,102 88,293 
Vicinity Centres unit 50,959 58,151 
Washington H. Soul Pattinson & Co. Ltd. 1,352 32,394 
Wesfarmers Ltd. 15,791 708,504 
Westpac Banking Corp. 51,036 916,731 
WiseTech Global Ltd. 1,903 42,999 
Woodside Petroleum Ltd. 13,479 216,724 
Woolworths Group Ltd. 17,636 501,639 
TOTAL AUSTRALIA  16,272,419 
Austria - 0.2%   
Erste Group Bank AG 3,953 153,385 
OMV AG 2,084 112,532 
Raiffeisen International Bank-Holding AG 1,939 45,911 
Verbund AG 957 88,379 
Voestalpine AG 1,558 68,715 
TOTAL AUSTRIA  468,922 
Bailiwick of Jersey - 0.7%   
Experian PLC 12,788 563,002 
Ferguson PLC 3,130 438,986 
Glencore Xstrata PLC 139,317 625,693 
WPP PLC 17,291 223,625 
TOTAL BAILIWICK OF JERSEY  1,851,306 
Belgium - 0.8%   
Ageas 2,458 129,928 
Anheuser-Busch InBev SA NV 10,606 669,368 
Colruyt NV 708 40,263 
Elia System Operator SA/NV 418 49,461 
Groupe Bruxelles Lambert SA 1,584 184,332 
KBC Groep NV 3,492 281,268 
Proximus 2,021 41,535 
Sofina SA 218 102,200 
Solvay SA Class A 1,042 139,058 
UCB SA 1,781 192,679 
Umicore SA 2,758 171,043 
TOTAL BELGIUM  2,001,135 
Bermuda - 0.1%   
CK Infrastructure Holdings Ltd. 9,081 54,864 
Hongkong Land Holdings Ltd. 15,630 70,960 
Jardine Matheson Holdings Ltd. 2,975 176,834 
TOTAL BERMUDA  302,658 
Cayman Islands - 0.5%   
Budweiser Brewing Co. APAC Ltd. (b) 24,280 67,799 
Chow Tai Fook Jewellery Group Ltd. 26,400 55,238 
CK Asset Holdings Ltd. 28,226 192,322 
CK Hutchison Holdings Ltd. 37,556 274,500 
ESR Cayman Ltd. (a)(b) 28,023 98,445 
Futu Holdings Ltd. ADR (a) 698 71,517 
Melco Crown Entertainment Ltd. sponsored ADR (a) 2,791 38,851 
Sands China Ltd. (a) 34,462 117,739 
Sea Ltd. ADR (a) 177 48,880 
WH Group Ltd. (b) 134,577 111,525 
Wharf Real Estate Investment Co. Ltd. 23,814 134,374 
Wynn Macau Ltd. (a) 21,003 27,000 
Xinyi Glass Holdings Ltd. 25,050 93,480 
TOTAL CAYMAN ISLANDS  1,331,670 
Denmark - 2.5%   
A.P. Moller - Maersk A/S:   
Series A 46 123,014 
Series B 84 233,119 
Ambu A/S Series B 2,225 82,315 
Carlsberg A/S Series B 1,438 265,884 
Christian Hansen Holding A/S 1,479 133,018 
Coloplast A/S Series B 1,659 303,440 
Danske Bank A/S 9,686 169,903 
Demant A/S (a) 1,440 88,017 
DSV Panalpina A/S 2,884 702,719 
Genmab A/S (a) 917 414,558 
GN Store Nord A/S 1,801 157,842 
Novo Nordisk A/S Series B 23,989 2,220,694 
Novozymes A/S Series B 2,909 228,554 
ORSTED A/S (b) 2,642 392,403 
Pandora A/S 1,398 181,020 
Rockwool International A/S Series B 114 60,481 
Tryg A/S 5,049 124,836 
Vestas Wind Systems A/S 14,089 519,435 
TOTAL DENMARK  6,401,252 
Finland - 1.3%   
Elisa Corp. (A Shares) 2,017 129,635 
Fortum Corp. 6,192 170,704 
Kesko Oyj 3,833 164,370 
Kone OYJ (B Shares) 4,736 392,254 
Neste Oyj 5,905 362,989 
Nokia Corp. (a) 75,162 461,821 
Nordea Bank ABP (Stockholm Stock Exchange) 45,137 528,573 
Orion Oyj (B Shares) 1,401 59,647 
Sampo Oyj (A Shares) 6,960 335,371 
Stora Enso Oyj (R Shares) 8,178 161,864 
UPM-Kymmene Corp. 7,449 304,325 
Wartsila Corp. 6,627 99,760 
TOTAL FINLAND  3,171,313 
France - 10.0%   
Accor SA (a) 2,252 79,769 
Aeroports de Paris SA (a) 396 48,009 
Air Liquide SA 6,595 1,146,927 
Alstom SA 3,890 161,323 
Amundi SA (b) 806 74,482 
Arkema SA 868 110,432 
Atos Origin SA 1,312 62,752 
AXA SA 26,964 698,288 
bioMerieux SA 555 66,199 
BNP Paribas SA 15,680 956,154 
Bollore SA 11,680 65,287 
Bouygues SA 3,232 124,565 
Bureau Veritas SA 4,146 136,922 
Capgemini SA 2,240 484,275 
Carrefour SA 8,605 159,852 
CNP Assurances 2,301 39,183 
Compagnie de St. Gobain 7,062 504,780 
Compagnie Generale des Etablissements Michelin SCA Series B 2,366 386,468 
Covivio 693 65,141 
Credit Agricole SA 16,362 228,255 
Danone SA 9,098 669,190 
Dassault Aviation SA 34 40,494 
Dassault Systemes SA 9,220 508,800 
Edenred SA 3,469 201,558 
EDF SA 6,166 75,083 
Eiffage SA 1,181 120,399 
ENGIE 25,515 340,566 
Essilor International SA 3,975 750,494 
Eurazeo SA 527 51,075 
Faurecia SA 1,555 69,413 
Gecina SA 658 104,477 
Getlink SE 6,330 101,409 
Hermes International SCA 440 672,794 
Iliad SA 200 43,191 
Ipsen SA 497 53,120 
Kering SA 1,045 937,409 
Klepierre SA 2,745 66,590 
L'Oreal SA 3,508 1,604,888 
La Francaise des Jeux SAEM (b) 1,262 67,517 
Legrand SA 3,727 420,018 
LVMH Moet Hennessy Louis Vuitton SE 3,864 3,093,779 
Orange SA 27,940 310,948 
Orpea 690 87,622 
Pernod Ricard SA 2,923 645,285 
Publicis Groupe SA 3,063 193,374 
Remy Cointreau SA 327 71,840 
Renault SA (a) 2,716 103,180 
Safran SA 4,772 624,533 
Sanofi SA 15,795 1,628,043 
Sartorius Stedim Biotech 386 220,384 
Schneider Electric SA 7,500 1,256,164 
SCOR SE 2,100 58,766 
SEB SA 368 61,159 
Societe Generale Series A 11,349 332,364 
Sodexo SA (a) 1,271 108,405 
SR Teleperformance SA 820 345,901 
Suez Environnement SA 4,752 110,881 
Thales SA 1,518 159,364 
Total SA 34,810 1,517,950 
Ubisoft Entertainment SA (a) 1,307 82,856 
Valeo SA 3,248 93,935 
Veolia Environnement SA 7,537 247,480 
VINCI SA 7,414 784,589 
Vivendi SA 9,935 335,668 
Wendel SA 359 50,422 
Worldline SA (a)(b) 3,328 311,524 
TOTAL FRANCE  25,333,964 
Germany - 8.1%   
adidas AG 2,653 963,334 
Allianz SE 5,731 1,427,664 
BASF AG 12,787 1,004,784 
Bayer AG 13,705 816,531 
Bayerische Motoren Werke AG (BMW) 4,492 446,966 
Bechtle AG 360 74,371 
Beiersdorf AG 1,413 167,869 
Brenntag AG 2,161 215,846 
Carl Zeiss Meditec AG 564 125,647 
Commerzbank AG (a) 14,117 91,100 
Continental AG 1,536 208,810 
Covestro AG (b) 2,708 174,303 
Daimler AG (Germany) 11,920 1,064,467 
Delivery Hero AG (a)(b) 2,194 328,452 
Deutsche Bank AG (a) 28,831 364,512 
Deutsche Borse AG 2,648 442,122 
Deutsche Lufthansa AG (a)(c) 3,948 44,716 
Deutsche Post AG 13,804 935,514 
Deutsche Telekom AG 46,408 963,160 
Deutsche Wohnen SE (Bearer) 4,767 297,672 
E.ON AG 31,345 385,662 
Evonik Industries AG 2,963 102,985 
Fresenius Medical Care AG & Co. KGaA 2,861 225,508 
Fresenius SE & Co. KGaA 5,840 307,036 
GEA Group AG 2,156 95,627 
Hannover Reuck SE 849 142,911 
HeidelbergCement AG 2,092 185,577 
HelloFresh AG (a) 2,307 216,417 
Henkel AG & Co. KGaA 1,483 134,843 
Infineon Technologies AG 18,168 694,275 
KION Group AG 1,014 107,656 
Knorr-Bremse AG 1,014 114,825 
Lanxess AG 1,187 85,977 
LEG Immobilien AG 1,019 161,192 
Merck KGaA 1,806 369,880 
MTU Aero Engines AG 751 188,063 
Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen 1,955 528,527 
Nemetschek Se 758 66,935 
Puma AG 1,480 181,710 
Rational AG 68 73,873 
RWE AG 8,992 320,109 
SAP SE 14,549 2,087,948 
Scout24 AG (b) 1,277 109,402 
Siemens AG 10,657 1,662,845 
Siemens Healthineers AG (b) 3,748 247,557 
Symrise AG 1,798 265,117 
TeamViewer AG (a)(b) 2,122 71,363 
Telefonica Deutschland Holding AG 14,041 37,876 
Uniper SE 1,243 48,585 
United Internet AG 1,285 53,199 
Volkswagen AG 442 146,810 
Vonovia SE 7,502 499,960 
Zalando SE (a)(b) 2,986 332,111 
TOTAL GERMANY  20,410,201 
Hong Kong - 2.3%   
AIA Group Ltd. 168,445 2,015,573 
Bank of East Asia Ltd. 16,901 27,838 
BOC Hong Kong (Holdings) Ltd. 51,710 166,352 
CLP Holdings Ltd. 22,736 234,641 
Galaxy Entertainment Group Ltd. (a) 30,635 207,751 
Hang Lung Properties Ltd. 27,400 70,870 
Hang Seng Bank Ltd. 10,676 204,833 
Henderson Land Development Co. Ltd. 20,140 90,059 
Hong Kong & China Gas Co. Ltd. 156,697 254,842 
Hong Kong Exchanges and Clearing Ltd. 16,767 1,070,167 
Link (REIT) 29,310 280,233 
MTR Corp. Ltd. 21,611 128,062 
New World Development Co. Ltd. 21,305 101,026 
Power Assets Holdings Ltd. 19,803 127,923 
Sino Land Ltd. 44,748 68,523 
SJM Holdings Ltd. (a) 25,285 22,776 
Sun Hung Kai Properties Ltd. 18,180 260,378 
Swire Pacific Ltd. (A Shares) 6,856 42,568 
Swire Properties Ltd. 15,565 44,265 
Techtronic Industries Co. Ltd. 19,292 344,821 
TOTAL HONG KONG  5,763,501 
Ireland - 0.8%   
CRH PLC 10,918 545,672 
DCC PLC (United Kingdom) 1,384 115,926 
Flutter Entertainment PLC (Ireland) (a) 2,327 397,222 
James Hardie Industries PLC CDI 6,199 208,032 
Kerry Group PLC Class A 2,216 328,591 
Kingspan Group PLC (Ireland) 2,151 233,984 
Smurfit Kappa Group PLC 3,403 192,031 
TOTAL IRELAND  2,021,458 
Isle of Man - 0.1%   
Entain PLC (a) 8,207 207,221 
Israel - 0.6%   
Azrieli Group 576 46,044 
Bank Hapoalim BM (Reg.) 16,090 128,421 
Bank Leumi le-Israel BM (a) 20,534 157,411 
Check Point Software Technologies Ltd. (a) 1,575 200,183 
CyberArk Software Ltd. (a)(c) 513 72,861 
Elbit Systems Ltd. (Israel) 355 46,960 
Icl Group Ltd. 9,394 68,439 
Israel Discount Bank Ltd. (Class A) (a) 15,463 72,711 
Mizrahi Tefahot Bank Ltd. (a) 1,871 56,804 
NICE Systems Ltd. (a) 883 247,240 
Teva Pharmaceutical Industries Ltd. sponsored ADR (a) 15,443 149,025 
Wix.com Ltd. (a) 778 232,342 
TOTAL ISRAEL  1,478,441 
Italy - 1.7%   
Amplifon SpA 1,659 82,026 
Assicurazioni Generali SpA 15,386 307,540 
Atlantia SpA (a) 6,997 126,993 
DiaSorin SpA 334 67,811 
Enel SpA 113,307 1,044,185 
Eni SpA 35,310 417,563 
FinecoBank SpA (a) 8,603 154,253 
Infrastrutture Wireless Italiane SpA (b) 4,464 50,508 
Intesa Sanpaolo SpA 230,441 636,604 
Mediobanca SpA (a) 8,831 103,564 
Moncler SpA 2,716 186,868 
Nexi SpA (a)(b) 6,187 132,695 
Poste Italiane SpA (b) 6,964 92,276 
Prysmian SpA 3,580 128,338 
Recordati SpA 1,388 85,915 
Snam Rete Gas SpA 28,190 170,680 
Telecom Italia SpA 134,074 58,990 
Telecom Italia SpA (Risparmio Shares) 90,016 42,019 
Terna SpA 19,818 157,605 
UniCredit SpA 29,732 356,505 
TOTAL ITALY  4,402,938 
Japan - 21.4%   
ABC-MART, Inc. 459 25,187 
ACOM Co. Ltd. 5,426 22,208 
Advantest Corp. 2,733 241,272 
AEON Co. Ltd. 9,191 251,510 
AGC, Inc. 2,694 115,204 
Aisin Seiki Co. Ltd. 1,974 79,442 
Ajinomoto Co., Inc. 6,583 167,715 
Ana Holdings, Inc. (a) 2,163 50,686 
Asahi Group Holdings 6,362 286,255 
ASAHI INTECC Co. Ltd. 2,926 78,894 
Asahi Kasei Corp. 17,593 191,850 
Astellas Pharma, Inc. 26,013 414,319 
Azbil Corp. 1,707 66,207 
Bandai Namco Holdings, Inc. 2,837 183,566 
Bridgestone Corp. 7,984 351,734 
Brother Industries Ltd. 3,174 64,085 
Canon, Inc. 13,971 321,725 
Capcom Co. Ltd. 2,494 68,315 
Casio Computer Co. Ltd. 2,526 41,171 
Central Japan Railway Co. 2,040 296,748 
Chiba Bank Ltd. 7,105 40,418 
Chubu Electric Power Co., Inc. 9,195 110,345 
Chugai Pharmaceutical Co. Ltd. 9,422 347,206 
Concordia Financial Group Ltd. 14,626 52,358 
Cosmos Pharmaceutical Corp. 334 56,598 
CyberAgent, Inc. 5,672 102,087 
Dai Nippon Printing Co. Ltd. 3,005 70,814 
Dai-ichi Mutual Life Insurance Co. 14,211 261,554 
Daifuku Co. Ltd. 1,370 122,008 
Daiichi Sankyo Kabushiki Kaisha 23,746 470,273 
Daikin Industries Ltd. 3,517 734,465 
Daito Trust Construction Co. Ltd. 909 106,390 
Daiwa House Industry Co. Ltd. 7,950 243,749 
Daiwa House REIT Investment Corp. 29 86,177 
Daiwa Securities Group, Inc. 20,456 107,565 
DENSO Corp. 6,022 413,718 
Dentsu Group, Inc. 3,063 106,452 
Disco Corp. 448 127,207 
East Japan Railway Co. 4,202 279,947 
Eisai Co. Ltd. 3,321 273,162 
ENEOS Holdings, Inc. 43,314 181,945 
FANUC Corp. 2,721 609,416 
Fast Retailing Co. Ltd. 797 540,528 
Fuji Electric Co. Ltd. 1,711 74,879 
FUJIFILM Holdings Corp. 5,000 358,814 
Fujitsu Ltd. 2,728 464,116 
GLP J-REIT 59 105,679 
GMO Payment Gateway, Inc. 569 72,924 
Hakuhodo DY Holdings, Inc. 3,080 46,661 
Hamamatsu Photonics K.K. 1,941 107,396 
Hankyu Hanshin Holdings, Inc. 3,075 90,396 
Harmonic Drive Systems, Inc. 564 31,052 
Hikari Tsushin, Inc. 290 50,041 
Hino Motors Ltd. 3,879 34,006 
Hirose Electric Co. Ltd. 453 67,513 
Hisamitsu Pharmaceutical Co., Inc. 685 29,815 
Hitachi Construction Machinery Co. Ltd. 1,483 41,903 
Hitachi Ltd. 13,525 777,947 
Hitachi Metals Ltd. 2,847 55,510 
Honda Motor Co. Ltd. 22,738 730,296 
Hoshizaki Corp. 784 65,533 
Hoya Corp. 5,228 734,126 
Hulic Co. Ltd. 3,600 40,789 
Ibiden Co. Ltd. 1,477 77,684 
Idemitsu Kosan Co. Ltd. 2,807 66,076 
Iida Group Holdings Co. Ltd. 1,937 46,436 
INPEX Corp. 14,510 102,913 
Isuzu Motors Ltd. 7,726 103,062 
ITO EN Ltd. 689 40,509 
Itochu Corp. 16,550 489,867 
ITOCHU Techno-Solutions Corp. 1,265 38,686 
Japan Airlines Co. Ltd. (a) 1,937 40,310 
Japan Exchange Group, Inc. 7,163 162,923 
Japan Post Bank Co. Ltd. 5,562 47,151 
Japan Post Holdings Co. Ltd. 22,103 187,620 
Japan Post Insurance Co. Ltd. 2,967 52,414 
Japan Real Estate Investment Corp. 17 106,458 
Japan Retail Fund Investment Corp. 99 103,327 
Japan Tobacco, Inc. 16,808 328,433 
JFE Holdings, Inc. 6,520 79,282 
JSR Corp. 2,741 91,321 
Kajima Corp. 6,054 77,932 
Kakaku.com, Inc. 1,824 49,497 
Kansai Electric Power Co., Inc. 9,380 88,480 
Kansai Paint Co. Ltd. 2,391 58,432 
Kao Corp. 6,706 403,777 
KDDI Corp. 22,500 688,131 
Keio Corp. 1,373 76,907 
Keisei Electric Railway Co. 1,719 51,196 
Keyence Corp. 2,705 1,497,668 
Kikkoman Corp. 2,042 125,046 
Kintetsu Group Holdings Co. Ltd. (a) 2,287 76,821 
Kirin Holdings Co. Ltd. 11,574 211,698 
Kobayashi Pharmaceutical Co. Ltd. 781 62,078 
Kobe Bussan Co. Ltd. 1,805 60,630 
Koei Tecmo Holdings Co. Ltd. 848 39,731 
Koito Manufacturing Co. Ltd. 1,472 89,363 
Komatsu Ltd. 12,268 307,424 
Konami Holdings Corp. 1,255 69,509 
Kose Corp. 456 71,701 
Kubota Corp. 14,343 299,933 
Kurita Water Industries Ltd. 1,365 65,945 
Kyocera Corp. 4,538 280,412 
Kyowa Hakko Kirin Co., Ltd. 3,747 121,969 
Lasertec Corp. 1,025 192,425 
Lawson, Inc. 685 34,280 
Lion Corp. 2,977 51,396 
LIXIL Group Corp. 3,743 101,469 
M3, Inc. 6,138 401,466 
Makita Corp. 3,173 163,704 
Marubeni Corp. 21,972 187,013 
Mazda Motor Corp. (a) 7,572 74,697 
McDonald's Holdings Co. (Japan) Ltd. 1,214 54,666 
Medipal Holdings Corp. 2,496 46,801 
Meiji Holdings Co. Ltd. 1,791 110,864 
Mercari, Inc. (a) 1,443 75,238 
Minebea Mitsumi, Inc. 5,111 138,002 
Misumi Group, Inc. 3,967 137,410 
Mitsubishi Chemical Holdings Corp. 18,047 151,431 
Mitsubishi Corp. 17,635 494,640 
Mitsubishi Electric Corp. 25,556 346,725 
Mitsubishi Estate Co. Ltd. 16,584 260,152 
Mitsubishi Gas Chemical Co., Inc. 2,070 42,813 
Mitsubishi Heavy Industries Ltd. 4,512 130,366 
Mitsubishi UFJ Financial Group, Inc. 170,421 900,280 
Mitsubishi UFJ Lease & Finance Co. Ltd. 8,878 48,232 
Mitsui & Co. Ltd. 21,529 494,142 
Mitsui Chemicals, Inc. 2,610 83,230 
Mitsui Fudosan Co. Ltd. 12,841 300,316 
Miura Co. Ltd. 1,150 50,474 
Mizuho Financial Group, Inc. 33,699 481,546 
MonotaRO Co. Ltd. 3,322 76,188 
MS&AD Insurance Group Holdings, Inc. 6,343 196,069 
Murata Manufacturing Co. Ltd. 7,961 660,649 
Nabtesco Corp. 1,487 55,845 
NEC Corp. 3,435 174,213 
Nexon Co. Ltd. 6,814 140,206 
NGK Insulators Ltd. 3,441 55,107 
NH Foods Ltd. 1,139 45,941 
Nidec Corp. 6,249 701,410 
Nihon M&A Center, Inc. 4,296 119,045 
Nintendo Co. Ltd. 1,587 815,882 
Nippon Building Fund, Inc. 21 135,527 
Nippon Express Co. Ltd. 1,023 74,730 
Nippon Paint Holdings Co. Ltd. 9,905 125,680 
Nippon Prologis REIT, Inc. 28 93,414 
Nippon Sanso Holdings Corp. 2,050 45,128 
Nippon Shinyaku Co. Ltd. 675 50,577 
Nippon Steel & Sumitomo Metal Corp. 11,982 207,856 
Nippon Telegraph & Telephone Corp. 17,945 459,538 
Nippon Yusen KK 2,255 121,842 
Nissan Chemical Corp. 1,707 83,666 
Nissan Motor Co. Ltd. (a) 32,564 188,996 
Nisshin Seifun Group, Inc. 2,720 43,853 
Nissin Food Holdings Co. Ltd. 906 64,416 
Nitori Holdings Co. Ltd. 1,135 215,736 
Nitto Denko Corp. 2,163 160,707 
Nomura Holdings, Inc. 42,885 214,750 
Nomura Real Estate Holdings, Inc. 1,593 39,308 
Nomura Real Estate Master Fund, Inc. 57 90,458 
Nomura Research Institute Ltd. 4,939 158,473 
NSK Ltd. 5,308 43,806 
NTT Data Corp. 8,945 138,554 
Obayashi Corp. 8,693 71,085 
OBIC Co. Ltd. 1,016 178,000 
Odakyu Electric Railway Co. Ltd. 4,193 100,071 
Oji Holdings Corp. 10,755 62,008 
Olympus Corp. 16,253 334,476 
OMRON Corp. 2,611 223,437 
Ono Pharmaceutical Co. Ltd. 5,321 120,554 
Oracle Corp. Japan 564 42,002 
Oriental Land Co. Ltd. 2,834 386,202 
ORIX Corp. 17,104 298,098 
ORIX JREIT, Inc. 35 66,679 
Osaka Gas Co. Ltd. 5,336 99,691 
Otsuka Corp. 1,575 81,690 
Otsuka Holdings Co. Ltd. 5,554 220,766 
Pan Pacific International Holdings Ltd. 5,794 120,575 
Panasonic Corp. 30,909 373,228 
PeptiDream, Inc. (a) 1,259 51,700 
Persol Holdings Co. Ltd. 2,400 48,020 
Pigeon Corp. 1,491 42,812 
Pola Orbis Holdings, Inc. 1,248 29,737 
Rakuten Group, Inc. 12,046 132,555 
Recruit Holdings Co. Ltd. 18,873 978,200 
Renesas Electronics Corp. (a) 17,503 188,424 
Resona Holdings, Inc. 30,377 114,056 
Ricoh Co. Ltd. 9,425 102,986 
Rinnai Corp. 462 42,618 
ROHM Co. Ltd. 1,246 120,619 
Ryohin Keikaku Co. Ltd. 3,304 66,830 
Santen Pharmaceutical Co. Ltd. 4,809 64,921 
SBI Holdings, Inc. Japan 3,397 80,942 
SCSK Corp. 686 41,146 
Secom Co. Ltd. 2,949 223,212 
Seiko Epson Corp. 3,744 64,419 
Sekisui Chemical Co. Ltd. 5,098 87,364 
Sekisui House Ltd. 8,834 174,962 
Seven & i Holdings Co. Ltd. 10,559 471,147 
SG Holdings Co. Ltd. 4,537 121,505 
Sharp Corp. 2,860 43,928 
Shimadzu Corp. 3,374 135,323 
SHIMANO, Inc. 1,024 260,889 
SHIMIZU Corp. 7,323 53,931 
Shin-Etsu Chemical Co. Ltd. 4,894 798,355 
Shionogi & Co. Ltd. 3,741 197,019 
Shiseido Co. Ltd. 5,569 372,208 
Shizuoka Bank Ltd. 5,899 42,601 
SMC Corp. 796 470,177 
SoftBank Corp. 40,013 522,618 
SoftBank Group Corp. 17,524 1,102,008 
Sohgo Security Services Co., Ltd. 1,021 47,558 
Sompo Holdings, Inc. 4,459 184,344 
Sony Group Corp. 17,613 1,839,968 
Square Enix Holdings Co. Ltd. 1,155 59,695 
Stanley Electric Co. Ltd. 1,711 44,309 
Subaru Corp. 8,728 171,479 
Sumco Corp. 3,849 89,021 
Sumitomo Chemical Co. Ltd. 21,026 109,451 
Sumitomo Corp. 15,875 215,740 
Sumitomo Dainippon Pharma Co., Ltd. 2,335 40,431 
Sumitomo Electric Industries Ltd. 10,744 152,637 
Sumitomo Metal Mining Co. Ltd. 3,486 141,278 
Sumitomo Mitsui Financial Group, Inc. 18,287 616,438 
Sumitomo Mitsui Trust Holdings, Inc. 4,755 156,087 
Sumitomo Realty & Development Co. Ltd. 4,322 140,868 
Suntory Beverage & Food Ltd. 1,832 64,042 
Suzuki Motor Corp. 5,118 208,228 
Sysmex Corp. 2,380 281,812 
T&D Holdings, Inc. 7,196 92,071 
Taisei Corp. 2,716 91,533 
Taisho Pharmaceutical Holdings Co. Ltd. 414 23,095 
Takeda Pharmaceutical Co. Ltd. 21,978 731,571 
TDK Corp. 1,817 207,320 
Terumo Corp. 8,980 348,521 
THK Co. Ltd. 1,606 45,528 
TIS, Inc. 2,972 76,803 
Tobu Railway Co. Ltd. 2,515 65,400 
Toho Co. Ltd. 1,490 64,867 
Toho Gas Co. Ltd. 1,025 49,799 
Tohoku Electric Power Co., Inc. 5,697 43,154 
Tokio Marine Holdings, Inc. 8,856 422,086 
Tokyo Century Corp. 473 25,869 
Tokyo Electric Power Co., Inc. (a) 20,225 53,904 
Tokyo Electron Ltd. 2,050 845,472 
Tokyo Gas Co. Ltd. 5,015 94,928 
Tokyu Corp. 7,117 95,387 
Toppan, Inc. 3,538 60,015 
Toray Industries, Inc. 19,602 129,063 
Toshiba Corp. 5,744 246,085 
Tosoh Corp. 3,427 60,141 
Toto Ltd. 1,935 100,330 
Toyo Suisan Kaisha Ltd. 1,147 43,755 
Toyota Industries Corp. 2,041 170,045 
Toyota Motor Corp. 29,558 2,653,584 
Toyota Tsusho Corp. 2,957 139,614 
Trend Micro, Inc. 1,920 99,961 
Tsuruha Holdings, Inc. 560 65,900 
Unicharm Corp. 5,674 226,639 
United Urban Investment Corp. 40 58,739 
USS Co. Ltd. 2,868 49,619 
Welcia Holdings Co. Ltd. 1,255 42,613 
West Japan Railway Co. 2,270 123,335 
Yakult Honsha Co. Ltd. 1,714 100,929 
Yamada Holdings Co. Ltd. 8,615 40,521 
Yamaha Corp. 1,823 101,020 
Yamaha Motor Co. Ltd. 3,772 94,453 
Yamato Holdings Co. Ltd. 4,112 118,508 
Yaskawa Electric Corp. 3,398 168,258 
Yokogawa Electric Corp. 2,979 45,830 
Z Holdings Corp. 37,217 186,278 
ZOZO, Inc. 1,782 60,507 
TOTAL JAPAN  54,284,201 
Luxembourg - 0.3%   
ArcelorMittal SA (Netherlands) 10,021 349,193 
Aroundtown SA 14,604 114,442 
Eurofins Scientific SA 1,864 222,974 
InPost SA 2,682 52,559 
Tenaris SA 6,242 63,599 
TOTAL LUXEMBOURG  802,767 
Multi-National - 0.1%   
HK Electric Investments & HK Electric Investments Ltd. unit 34,254 34,734 
HKT Trust/HKT Ltd. unit 50,292 68,340 
TOTAL MULTI-NATIONAL  103,074 
Netherlands - 5.5%   
ABN AMRO Group NV GDR (a)(b) 5,631 65,615 
Adyen BV (a)(b) 275 745,264 
AEGON NV 25,368 108,007 
Airbus Group NV (a) 8,200 1,124,784 
Akzo Nobel NV 2,660 328,480 
Argenx SE (a) 642 196,051 
ASM International NV (Netherlands) 659 233,662 
ASML Holding NV (Netherlands) 5,841 4,464,771 
CNH Industrial NV 14,299 238,488 
Davide Campari Milano NV 7,385 103,899 
EXOR NV 1,538 126,581 
Ferrari NV 1,758 383,406 
Heineken Holding NV 1,616 159,013 
Heineken NV (Bearer) 3,611 420,644 
ING Groep NV (Certificaten Van Aandelen) 54,369 697,592 
JDE Peet's BV 979 32,959 
Just Eat Takeaway.com NV (a)(b) 2,507 222,628 
Koninklijke Ahold Delhaize NV 14,584 453,181 
Koninklijke DSM NV 2,400 483,848 
Koninklijke KPN NV 47,332 155,417 
Koninklijke Philips Electronics NV 12,698 585,498 
Koninklijke Vopak NV 932 39,458 
NN Group NV 3,937 195,824 
Prosus NV 6,789 605,704 
QIAGEN NV (Germany) (a) 3,231 173,203 
Randstad NV 1,686 122,321 
Stellantis NV (Italy) 28,251 542,571 
STMicroelectronics NV (France) 9,506 391,208 
Unibail-Rodamco SE & WFD Unibail-Rodamco NV unit 1,744 145,169 
Wolters Kluwer NV 3,727 424,784 
TOTAL NETHERLANDS  13,970,030 
New Zealand - 0.3%   
Auckland International Airport Ltd. (a) 17,873 90,153 
Fisher & Paykel Healthcare Corp. 8,078 177,562 
Mercury Nz Ltd. 9,273 42,704 
Meridian Energy Ltd. 16,972 61,723 
Ryman Healthcare Group Ltd. 5,654 51,918 
Spark New Zealand Ltd. 26,742 88,219 
The a2 Milk Co. Ltd. (a) 9,758 42,286 
Xero Ltd. (a) 1,847 190,138 
TOTAL NEW ZEALAND  744,703 
Norway - 0.6%   
Adevinta ASA Class B (a) 3,621 69,615 
DNB Bank ASA 13,019 266,798 
Equinor ASA 13,703 267,460 
Gjensidige Forsikring ASA 2,661 60,932 
Mowi ASA 6,177 157,453 
Norsk Hydro ASA 18,952 126,088 
Orkla ASA 10,694 97,199 
Schibsted ASA:   
(A Shares) 962 51,003 
(B Shares) 1,299 60,048 
Telenor ASA 9,836 170,785 
Yara International ASA 2,451 129,087 
TOTAL NORWAY  1,456,468 
Papua New Guinea - 0.0%   
Oil Search Ltd. ADR 27,928 78,086 
Portugal - 0.1%   
Energias de Portugal SA 39,218 203,628 
Galp Energia SGPS SA Class B 6,684 65,207 
Jeronimo Martins SGPS SA 3,366 68,578 
TOTAL PORTUGAL  337,413 
Singapore - 1.0%   
Ascendas Real Estate Investment Trust 46,951 108,113 
CapitaLand Ltd. 37,253 110,801 
CapitaMall Trust 65,737 104,310 
City Developments Ltd. 5,468 27,644 
DBS Group Holdings Ltd. 25,198 565,535 
Genting Singapore Ltd. 79,194 47,343 
Keppel Corp. Ltd. 19,216 77,860 
Mapletree Commercial Trust 28,877 46,034 
Mapletree Logistics Trust (REIT) 39,643 61,734 
Oversea-Chinese Banking Corp. Ltd. 47,128 427,820 
Singapore Airlines Ltd. (a) 17,862 67,232 
Singapore Exchange Ltd. 11,489 100,734 
Singapore Technologies Engineering Ltd. 20,893 61,833 
Singapore Telecommunications Ltd. 116,462 195,113 
United Overseas Bank Ltd. 16,566 321,307 
UOL Group Ltd. 6,244 33,641 
Venture Corp. Ltd. 3,657 51,335 
Wilmar International Ltd. 27,622 88,679 
TOTAL SINGAPORE  2,497,068 
Spain - 2.3%   
ACS Actividades de Construccion y Servicios SA 3,429 90,139 
Aena SME SA (a)(b) 1,056 168,110 
Amadeus IT Holding SA Class A (a) 6,286 411,912 
Banco Bilbao Vizcaya Argentaria SA 92,968 595,133 
Banco Santander SA (Spain) 241,649 885,198 
CaixaBank SA 62,302 185,031 
Cellnex Telecom SA (b) 7,104 462,986 
EDP Renovaveis SA 4,094 96,159 
Enagas SA 3,293 75,626 
Endesa SA 4,463 108,585 
Ferrovial SA 6,712 199,053 
Grifols SA 4,210 107,074 
Iberdrola SA 82,465 992,474 
Industria de Diseno Textil SA 15,215 516,038 
Naturgy Energy Group SA 4,034 104,272 
Red Electrica Corporacion SA 6,081 120,647 
Repsol SA 20,896 228,872 
Siemens Gamesa Renewable Energy SA 3,342 93,165 
Telefonica SA 72,995 333,941 
TOTAL SPAIN  5,774,415 
Sweden - 3.4%   
Alfa Laval AB 4,402 183,783 
ASSA ABLOY AB (B Shares) 13,968 448,042 
Atlas Copco AB:   
(A Shares) 9,427 637,344 
(B Shares) 5,332 302,822 
Boliden AB 3,847 149,931 
Electrolux AB (B Shares) 3,209 84,173 
Embracer Group AB (a) 3,602 93,184 
Epiroc AB:   
(A Shares) 9,072 211,329 
(B Shares) 5,585 112,240 
EQT AB 3,324 160,246 
Ericsson (B Shares) 40,667 469,060 
Essity AB (B Shares) 8,506 278,151 
Evolution AB (b) 2,371 413,033 
Fastighets AB Balder (a) 1,405 97,079 
H&M Hennes & Mauritz AB (B Shares) (a) 10,221 213,862 
Hexagon AB (B Shares) 27,417 453,850 
Husqvarna AB (B Shares) 5,560 77,829 
ICA Gruppen AB 1,341 66,284 
Industrivarden AB:   
(A Shares) 1,534 61,229 
(C Shares) 2,202 84,336 
Investor AB (B Shares) 25,293 626,713 
Kinnevik AB (B Shares) 3,391 147,916 
L E Lundbergforetagen AB 1,006 71,800 
Latour Investment AB (B Shares) 1,972 77,062 
Lundin Petroleum AB 2,836 88,423 
Nibe Industrier AB (B Shares) 19,921 237,893 
Sandvik AB 15,738 410,068 
Securitas AB (B Shares) 4,162 73,392 
Sinch AB (a)(b) 7,074 142,903 
Skandinaviska Enskilda Banken AB (A Shares) 22,718 307,581 
Skanska AB (B Shares) 4,762 134,423 
SKF AB (B Shares) 5,355 142,329 
Svenska Cellulosa AB SCA (B Shares) 8,555 159,007 
Svenska Handelsbanken AB (A Shares) 20,382 229,691 
Swedbank AB (A Shares) 12,656 246,639 
Swedish Match Co. AB 22,753 203,752 
Tele2 AB (B Shares) 7,149 105,013 
Telia Co. AB 37,276 163,638 
Volvo AB:   
(A Shares) 3,201 77,790 
(B Shares) 19,462 458,380 
TOTAL SWEDEN  8,702,220 
Switzerland - 9.5%   
ABB Ltd. (Reg.) 24,149 882,848 
Adecco SA (Reg.) 2,190 131,228 
Alcon, Inc. (Switzerland) 6,972 507,978 
Baloise Holdings AG 661 104,420 
Banque Cantonale Vaudoise 390 34,830 
Barry Callebaut AG 50 126,732 
Clariant AG (Reg.) 2,858 59,441 
Coca-Cola HBC AG 2,810 106,201 
Compagnie Financiere Richemont SA Series A 7,272 930,592 
Credit Suisse Group AG 34,131 342,651 
Ems-Chemie Holding AG 99 109,727 
Geberit AG (Reg.) 517 424,512 
Givaudan SA 129 643,968 
Holcim Ltd. 7,297 427,743 
Julius Baer Group Ltd. 3,136 206,982 
Kuehne & Nagel International AG 752 253,697 
Lindt & Spruengli AG 115,913 
Lindt & Spruengli AG (participation certificate) 20 224,099 
Logitech International SA (Reg.) 2,421 264,751 
Lonza Group AG 1,037 807,435 
Nestle SA (Reg. S) 40,094 5,077,097 
Novartis AG 30,922 2,859,618 
Partners Group Holding AG 316 540,184 
Roche Holding AG:   
(Bearer) 482 206,986 
(participation certificate) 9,745 3,764,612 
Schindler Holding AG:   
(participation certificate) 563 182,228 
(Reg.) 285 88,786 
SGS SA (Reg.) 84 271,979 
Siemens Energy AG (a) 5,599 152,363 
Sika AG 1,974 695,373 
Sonova Holding AG Class B 769 302,133 
Straumann Holding AG 144 267,064 
Swatch Group AG (Bearer) 405 135,335 
Swatch Group AG (Bearer) (Reg.) 752 48,855 
Swiss Life Holding AG 452 233,522 
Swiss Prime Site AG 1,021 108,823 
Swiss Re Ltd. 4,218 381,918 
Swisscom AG 362 217,795 
Temenos Group AG 934 148,475 
UBS Group AG 51,031 841,644 
Vifor Pharma AG 690 96,547 
Zurich Insurance Group Ltd. 2,093 843,845 
TOTAL SWITZERLAND  24,170,930 
United Kingdom - 12.8%   
3i Group PLC 13,554 241,059 
Abrdn PLC 30,546 120,583 
Admiral Group PLC 2,695 127,366 
Anglo American PLC (United Kingdom) 18,054 800,045 
Antofagasta PLC 5,523 114,732 
Ashtead Group PLC 6,255 468,283 
Associated British Foods PLC 4,989 139,180 
AstraZeneca PLC (United Kingdom) 21,607 2,482,858 
Auto Trader Group PLC (b) 13,651 123,680 
Aveva Group PLC 1,523 83,155 
Aviva PLC 54,627 294,083 
BAE Systems PLC 44,917 360,124 
Barclays PLC 241,978 585,364 
Barratt Developments PLC 14,404 140,872 
Berkeley Group Holdings PLC 1,749 117,787 
BHP Group PLC 29,433 952,933 
BP PLC 283,537 1,138,124 
British American Tobacco PLC (United Kingdom) 30,346 1,128,640 
British Land Co. PLC 11,708 83,096 
BT Group PLC (a) 124,519 300,469 
Bunzl PLC 4,717 174,800 
Burberry Group PLC 5,660 162,383 
Coca-Cola European Partners PLC 2,861 177,554 
Compass Group PLC (a) 24,937 527,216 
Croda International PLC 1,948 227,990 
Diageo PLC 32,531 1,613,091 
Direct Line Insurance Group PLC 18,132 75,031 
Evraz PLC 6,865 58,609 
GlaxoSmithKline PLC 70,057 1,383,193 
Halma PLC 5,282 212,110 
Hargreaves Lansdown PLC 4,971 112,801 
Hikma Pharmaceuticals PLC 2,297 84,482 
HSBC Holdings PLC (United Kingdom) 283,657 1,565,841 
Imperial Brands PLC 13,217 283,291 
Informa PLC (a) 21,145 145,488 
InterContinental Hotel Group PLC (a) 2,586 170,789 
Intertek Group PLC 2,257 161,756 
J Sainsbury PLC 22,146 87,208 
JD Sports Fashion PLC 7,295 90,956 
Johnson Matthey PLC 2,717 112,241 
Kingfisher PLC 29,675 152,423 
Land Securities Group PLC 9,399 92,706 
Legal & General Group PLC 83,240 302,449 
Lloyds Banking Group PLC 987,011 624,055 
London Stock Exchange Group PLC 4,521 471,410 
M&G PLC 36,405 114,059 
Melrose Industries PLC 68,051 151,440 
Mondi PLC 6,773 187,913 
National Grid PLC 49,312 630,509 
NatWest Group PLC 67,870 190,943 
Next PLC 1,859 203,672 
NMC Health PLC (a) 941 254 
Ocado Group PLC (a) 6,805 175,464 
Pearson PLC 10,560 127,253 
Persimmon PLC 4,488 181,161 
Phoenix Group Holdings PLC 8,728 82,424 
Prudential PLC (a) 36,343 682,479 
Reckitt Benckiser Group PLC 9,921 758,953 
RELX PLC (London Stock Exchange) 26,875 789,711 
Rentokil Initial PLC 26,007 204,897 
Rio Tinto PLC 15,633 1,327,872 
Rolls-Royce Holdings PLC 117,312 162,022 
Royal Dutch Shell PLC:   
Class A (United Kingdom) 56,953 1,144,809 
Class B (United Kingdom) 51,798 1,023,486 
Sage Group PLC 15,380 149,989 
Schroders PLC 1,660 84,382 
Segro PLC 16,709 282,771 
Severn Trent PLC 3,320 129,214 
Smith & Nephew PLC 12,237 249,718 
Smiths Group PLC 5,581 120,669 
Spirax-Sarco Engineering PLC 1,027 214,272 
SSE PLC 14,544 292,225 
St. James's Place Capital PLC 7,501 165,467 
Standard Chartered PLC (United Kingdom) 37,425 224,730 
Taylor Wimpey PLC 51,966 118,895 
Tesco PLC 107,705 348,684 
Unilever PLC 36,589 2,105,753 
United Utilities Group PLC 9,490 141,541 
Vodafone Group PLC 373,906 601,223 
Whitbread PLC (a) 2,877 121,810 
WM Morrison Supermarkets PLC 33,732 125,471 
TOTAL UNITED KINGDOM  32,488,441 
TOTAL COMMON STOCKS   
(Cost $201,197,599)  236,828,215 
Nonconvertible Preferred Stocks - 0.6%   
Germany - 0.6%   
Bayerische Motoren Werke AG (BMW) (non-vtg.) 926 79,529 
Fuchs Petrolub AG 902 44,961 
Henkel AG & Co. KGaA 2,452 248,634 
Porsche Automobil Holding SE (Germany) 2,141 231,723 
Sartorius AG (non-vtg.) 366 221,339 
Volkswagen AG 2,601 634,057 
TOTAL NONCONVERTIBLE PREFERRED STOCKS   
(Cost $1,092,285)  1,460,243 
Money Market Funds - 3.9%   
Fidelity Cash Central Fund 0.06% (d) 9,849,597 9,851,567 
Fidelity Securities Lending Cash Central Fund 0.06% (d)(e) 114,489 114,500 
TOTAL MONEY MARKET FUNDS   
(Cost $9,966,067)  9,966,067 
TOTAL INVESTMENT IN SECURITIES - 97.9%   
(Cost $212,255,951)  248,254,525 
NET OTHER ASSETS (LIABILITIES) - 2.1%(f)  5,369,071 
NET ASSETS - 100%  $253,623,596 

Futures Contracts      
 Number of contracts Expiration Date Notional Amount Value Unrealized Appreciation/(Depreciation) 
Purchased      
Equity Index Contracts      
ICE E-mini MSCI EAFE Index Contracts (United States) 133 Sept. 2021 $15,424,010 $91,738 $91,738 

The notional amount of futures purchased as a percentage of Net Assets is 6.1%

Categorizations in the Schedule of Investments are based on country or territory of incorporation.

Legend

 (a) Non-income producing

 (b) Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. At the end of the period, the value of these securities amounted to $5,006,581 or 2.0% of net assets.

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

 (d) 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.

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

 (f) Includes $670,032 of cash collateral to cover margin requirements for futures contracts.

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 $2,501 
Fidelity Securities Lending Cash Central Fund 5,088 
Total $7,589 

Amounts in the income column in the above table include any capital gain distributions from underlying funds. Amount for Fidelity Securities Lending Cash Central Fund represents the income earned on investing cash collateral, less rebates paid to borrowers and any lending agent fees associated with the loan, plus any premium payments received for lending certain types of securities.

Fiscal year to date information regarding the Fund's investments in Fidelity 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 Cash Central Fund 0.06% $2,168,970 $69,482,773 $61,800,176 $-- $-- $9,851,567 0.0% 
Fidelity Securities Lending Cash Central Fund 0.06% 94,325 5,863,874 5,843,699 -- -- 114,500 0.0% 
Total $2,263,295 $75,346,647 $67,643,875 $-- $-- $9,966,067  

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:

Equity securities, including restricted securities, for which market quotations are readily available, are valued at the last reported 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 or closing prices are not available, securities are valued at the last quoted bid price or may be valued using the last available price and are generally categorized as Level 2 in the hierarchy. For foreign equity securities, when market or security specific events arise, comparisons to the valuation of American Depositary Receipts (ADRs), futures contracts, Exchange-Traded Funds (ETFs) and certain indexes as well as quoted prices for similar securities may be used and would be categorized as Level 2 in the hierarchy. For equity securities, including restricted securities, where observable inputs are limited, assumptions about market activity and risk are used and these securities may be categorized as Level 3 in the hierarchy. 

Futures contracts are valued at the settlement price established each day by the board of trade or exchange on which they are traded and are categorized as Level 1 in the hierarchy.

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

Derivative Instruments

Risk Exposures and the Use of Derivative Instruments: The Fund's investment objectives allow the Fund to enter into various types of derivative contracts. Derivatives are investments whose value is primarily derived from underlying assets, indices or reference rates and may be transacted on an exchange or over-the-counter (OTC). Derivatives may involve a future commitment to buy or sell a specified asset based on specified terms, to exchange future cash flows at periodic intervals based on a notional principal amount, or for one party to make one or more payments upon the occurrence of specified events in exchange for periodic payments from the other party.

The Fund used derivatives to increase returns, to gain exposure to certain types of assets and/or to manage exposure to certain risks as defined below. The success of any strategy involving derivatives depends on analysis of numerous economic factors, and if the strategies for investment do not work as intended, the Fund may not achieve its objectives.

The Fund's use of derivatives increased or decreased its exposure to the following risk(s):

Equity Risk - Equity risk relates to the fluctuations in the value of financial instruments as a result of changes in market prices (other than those arising from interest rate risk or foreign exchange risk), whether caused by factors specific to an individual investment, its issuer, or all factors affecting all instruments traded in a market or market segment.

Investing in derivatives may involve greater risks than investing in the underlying assets directly and, to varying degrees, may involve risk of loss in excess of any initial investment and collateral received. In addition, there may be the risk that the change in value of the derivative contract does not correspond to the change in value of the underlying instrument.

Futures Contracts: A futures contract is an agreement between two parties to buy or sell a specified underlying instrument for a specified price at a specified future date. The Fund used futures contracts to manage its exposure to the stock market. Open futures contracts at period end are presented in the Schedule of Investments under the caption "Futures Contracts." The underlying face amount at value reflects each contract’s exposure to the underlying instrument or index at period end. Any securities and/or cash deposited to meet initial margin requirements are identified in the Schedule of Investments.

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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