Fidelity Investments Canada awarded Best Funds Group Overall at 2015 Lipper Awards and wins nineteen additional Lipper Fund Awards

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1 Fidelity Investments Canada awarded Best Funds Group Overall at 2015 Lipper Awards and wins nineteen additional Lipper Fund Awards TORONTO November 5, 2015 Fidelity Investments Canada ULC ( Fidelity Canada ) received top honours at the 2015 Lipper Fund Awards, taking home the award for Best Funds Group Overall plus numerous fund awards. The Best Funds Group Overall award is given to the fund company that outperforms its peers based on Lipper s consistent return measure over a 3-year period. Fidelity was one of the top winners at the 2015 Lipper Fund Awards. In addition to the Best Funds Group Overall award, Fidelity Canada won nineteen Lipper Fund Awards, across multiple CIFSC fund categories and time-periods, for delivering consistently strong risk-adjusted performance relative to peers. Fidelity Canada is very proud to be recognized with the Lipper award for the Best Funds Group Overall and 19 Lipper Fund Awards, said Rob Strickland, President, Fidelity Canada. These awards showcase Fidelity s ability to manage investments across multiple investment categories and time periods all with the aim of providing our clients with strong risk-adjusted returns. I would like to congratulate our entire investment management team for their strong work and performance they have delivered for our clients. Fidelity Canada continues to receive industry recognition for its outstanding performance across all facets of its business. In 2015, Fidelity Canada was recognized by Canadian HR Reporter with its inaugural Employee Engagement award. As well, Fidelity was named as the top overall mutual fund company in an industry-leading study of financial advisors for the 10 th consecutive year. Fidelity recently became the 4 th largest mutual fund company in Canada and is one of the fastest growing companies in the investment industry. Lipper recognized the following Fidelity mutual funds and portfolios: Fund Name Manager(s) CIFSC Category Award Period Fidelity Canadian Large Cap Fund Daniel Dupont Canadian Focused 10-year Fidelity Income Allocation Fund Geoff Stein, David Wolf, Daniel Dupont, Don Newman, Sri Tella, Catriona Martin, Harley Lank Canadian Fixed Income Balanced 5-year and 10-year Fidelity Canadian Balanced Fund Geoff Stein, David Wolf, Darren Lekkerkerker, Sri Tella, Catriona Martin, Harley Lank Canadian Neutral Balanced 10-year Fidelity China Fund Jing Ning Greater China Fidelity American High Yield Fund Harley Lank High Yield Fixed Income

2 Fidelity Global Natural Resources Fund Darren Lekkerkerker, Joe Overdevest Natural Resources Fidelity Small Cap America Fund Steve MacMillan US Small / Mid Cap Fidelity Special Situations Fund Mark Schmehl Canadian Focused Small / Mid Cap 3-year Fidelity Canadian Growth Company Fund Mark Schmehl Canadian Focused Fidelity ClearPath 2045 Andrew Dierdorf, Brett Sumsion Target Date Fidelity ClearPath 2025 Andrew Dierdorf, Brett Sumsion 2025 Target Date 3-year Fidelity ClearPath 2020 Andrew Dierdorf, Brett Sumsion 2020 Target Date 3-year For more information, please contact: Chris Pepper Vice-President, Corporate Affairs Fidelity Investments Canada ULC T: (416) M: (416) E: chris.pepper@fmr.com About the Lipper Fund Awards The Lipper Fund Awards are part of the Thomson Reuters Awards for Excellence, a global family of awards that celebrate exceptional performance throughout the professional investment community. The Thomson Reuters Awards for Excellence recognize the world's top funds, fund management firms, sellside firms, research analysts, and investor relations teams. The Thomson Reuters Awards for Excellence also include the Extel Survey Awards and the StarMine Analyst Awards. For more information, please contact markets.awards@thomsonreuters.com or visit excellence.thomsonreuters.com About Fidelity Investments Fidelity Investments Canada ULC is part of the Fidelity Investments organization of Boston, one of the world's largest providers of financial services. Recipient of the 2014 Morningstar Advisors Choice Fund Company of the Year, Fidelity Canada manages a total of $106 billion in mutual fund and institutional assets. This includes $19 billion in assets for institutional clients including public and corporate defined benefit pension plans, endowments, foundations and other corporate assets on behalf of clients across Canada as at September 30, Fidelity Canada provides Canadian investors a full range of domestic, international and income oriented mutual funds, as well as asset allocation and managed solutions and the high net worth program, the Fidelity Private Investment Program. Fidelity Funds are available through a number of advice-based distribution channels including financial planners, investment dealers, banks, and insurance companies. Fidelity is a proud supporter of the Boys and Girls Clubs of Canada and we are dedicated to helping young Canadians realize their full potential as productive, responsible and caring citizens.

3 About the Lipper Awards Methodology The Lipper Fund Awards, granted annually, are part of the Thomson Reuters Awards for Excellence awarded by Lipper, Inc. and highlight funds that have excelled in delivering consistently strong riskadjusted performance relative to their peers. The Lipper Fund Awards are based on the Lipper Ratings for Consistent Return, which is a risk-adjusted performance measure calculated over 36-, 60- and 120-month periods. The highest 20% of funds in each category are named Lipper Leaders for Consistent Return and receive a score of 5, the next 20% receive a score of 4, the middle 20% are scored 3, the next 20% are scored 2, and the lowest 20% are scored 1. The highest Lipper Leader for Consistent Return in each category wins the Lipper Fund Award. Lipper Leader ratings change monthly. For more information, see Although Lipper makes reasonable efforts to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Lipper. Please read the prospectus before investing. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. The indicated rates of return are the historical annual compounded total returns including changes in unit value and reinvestment of all distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder that would have reduced returns. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. Fidelity Canadian Large Cap Fund Fidelity Canadian Large Cap Fund (Series B) was awarded the 2015 Lipper Fund Award in the Canadian Focused category for the ten-year period ending July 31, 2015, out of a total of 65 funds. Performance for the fund for the period ended September 30, 2015, is as follows: 4.13% (1 year), 16.40% (3 years), 14.20% (5 years), 9.82% (10 years) and 9.60% (since inception February 1988). Fidelity Income Allocation Fund Fidelity Income Allocation Fund (Series B) was awarded the 2015 Lipper Fund Award in the Canadian Fixed Income Balanced category for the five-year and ten-year periods ending July 31, 2015, out of a total of 66 and 43 funds, respectively. Performance for the fund for the period ended September 30, 2015, is as follows: 5.98% (1 year), 7.46% (3 years), 7.09% (5 years), 7.49% (10 years) and 8.63% (since inception May 2005). Fidelity Canadian Balanced Fund Fidelity Canadian Balanced Fund (Series B) was awarded the 2015 Lipper Fund Award in the Canadian Neutral Balanced category for the ten-year period ending July 31, 2015, out of a total of 52 funds. Performance for the fund for the period ended September 30, 2015, is as follows: 5.03% (1 year), 8.96% (3 years), 7.41% (5 years), 6.29% (10 years) and 8.10% (since inception September 1998).

4 Fidelity China Fund Fidelity China Fund (Series B) was awarded the 2015 Lipper Fund Award in the Greater China category for the three-year and five-year periods ending July 31, 2015, out of a total of 10 funds for both time periods. Performance for the fund for the period ended September 30, 2015, is as follows: 22.46% (1 year), 17.95% (3 years), 5.17% (5 years), N/A (10 years) and 10.01% (since inception May 2006). Fidelity American High Yield Fund Fidelity American High Yield Fund (Series B) was awarded the 2015 Lipper Fund Award in the High Yield Fixed Income category for the three-year and five-year periods ending July 31, 2015, out of a total of 58 and 35 funds, respectively. Performance for the fund for the period ended September 30, 2015, is as follows: 15.52% (1 year), 13.11% (3 years), 10.16% (5 years), 7.24% (10 years) and 7.24% (since inception February 1994). Fidelity Global Natural Resources Fund Fidelity Global Natural Resources Fund (Series B) was awarded the 2015 Lipper Fund Award in the Natural Resources category for the three-year and five-year periods ending July 31, 2015, out of a total of 32 and 28 funds, respectively. Performance for the fund for the period ended September 30, 2015, is as follows: % (1 year), 4.87% (3 years), 3.69% (5 years), 4.98% (10 years) and 6.76% (since inception June 1997). Fidelity Small Cap America Fund Fidelity Small Cap America Fund (Series B) was awarded the 2015 Lipper Fund Award in the US Small/Mid Cap category for the three-year and five-year periods ending July 31, 2015, out of a total of 21 and 16 funds, respectively. Performance for the fund for the period ended September 30, 2015, is as follows: 28.17% (1 year), 28.37% (3 years), 25.47% (5 years), 10.56% (10 years) and 11.10% (since inception April 1994).

5 Fidelity Special Situations Fund Fidelity Special Situations Fund (Series B) was awarded the 2015 Lipper Fund Award in the Canadian Focused Small / Mid Cap category for the three-year period ending July 31, 2015, out of a total of 25 funds. Performance for the fund for the period ended September 30, 2015, is as follows: 6.29% (1 year), 18.79% (3 years), 13.42% (5 years), N/A (10 years) and 13.14% (since inception April 2007). Fidelity Canadian Growth Company Fund Fidelity Canadian Growth Company Fund (Series B) was awarded the 2015 Lipper Fund Award in the Canadian Focused category for the three-year and five-year periods ending July 31, 2015, out of a total of 98 and 83 funds, respectively. Performance for the fund for the period ended September 30, 2015, is as follows: 11.42% (1 year), 22.95% (3 years), 15.34% (5 years), 7.75 (10 years) and 10.97% (since inception July 1994). Fidelity ClearPath 2045 Fidelity ClearPath 2045 (Series B) was awarded the 2015 Lipper Fund Award in the Target Date Fund category for the three-year and five-year periods ending July 31, 2015, out of a total of 22 and 16 funds, respectively. Performance for the fund for the period ended September 30, 2015, is as follows: 5.32% (1 year), 12.58% (3 years), 9.37% (5 years), N/A % (10 years) and 6.48% (since inception November 2005). years), 5 (5 years), N/A (10 years). Fidelity ClearPath 2025 Fidelity ClearPath 2025 (Series B) was awarded the 2015 Lipper Fund Award in the 2025 Target Date Fund category for the three-year period ending July 31, 2015, out of a total of 11 funds. Performance for the fund for the period ended September 30, 2015, is as follows: 5.17% (1 year), 9.75% (3 years), 7.76% (5 years), N/A % (10 years) and 5.84% (since inception November 2005). The corresponding Lipper Leader ratings of the fund for the same period are as follows: N/A (1 year), 4 (3

6 Fidelity ClearPath 2020 Fidelity ClearPath 2020 (Series B) was awarded the 2015 Lipper Fund Award in the 2020 Target Date Fund category for the three-year period ending July 31, 2015, out of a total of 10 funds. Performance for the fund for the period ended September 30, 2015, is as follows: 4.78% (1 year), 7.83% (3 years), 6.64% (5 years), N/A % (10 years) and 5.27% (since inception November 2005). The corresponding Lipper Leader ratings of the fund for the same period are as follows: N/A (1 year), 4 (3 Best Fund Group Overall Fidelity Investments Canada ULC was awarded the 2015 Lipper Fund Award for Best Funds Group Overall, ranking first out of 17 eligible fund managers as of July 31, The Lipper Fund Awards, granted annually, are part of the Thomson Reuters Awards for Excellence awarded by Lipper, Inc. and recognize funds and fund managers for their consistently strong risk-adjusted performance relative to their peers. The Best Funds Group Overall award is based on Lipper s quantitative methodology and is given to the manager of the fund group with at least five equity, five bond and three mixed-asset funds that has the lowest weighted average decile ranking (eliminating the percentile ranking bias within very small and very large sectors by number of funds) over its equity, bond and mixed asset classes of Lipper s Consistent Return measure (a risk-adjusted performance measure) over the three year period ended July 31, For more information, see

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