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1 FIDELITY INVESTMENTS PERFORMANCE REPORT MUTUAL FUNDS P E R F O R M A N C E U P D A T E AS OF JUNE 30, 2009 UNDERSTANDING INVESTMENT PERFORMANCE As you review this update, please remember that the performance data stated represents past performance, which does not guarantee future results. Investment return and principal value of an investment will fluctuate; therefore, you may have a gain or loss when you sell your shares. Current performance may be higher or lower than the performance stated. To learn more or to obtain the most recent month-end performance, call Fidelity at or visit (log in, choose plan, select Investment Choices & Research, and then pick investment option). Fund 7-Day Life of Fund Trading Fee Expense Expense ID Name Yield Month YTD Year Year Year Fund Inception (%/Days) Ratio Cap LIFE-CYCLE FUNDS FFFBX Fidelity Freedom /17/96.n/a 0.49 FFFVX Fidelity Freedom n/a /06/03.n/a 0.63 FFFCX Fidelity Freedom /17/96.n/a 0.64 FFVFX Fidelity Freedom n/a /06/03.n/a 0.67 FFFDX Fidelity Freedom /17/96.n/a 0.72 FFTWX Fidelity Freedom n/a /06/03.n/a 0.74 FFFEX Fidelity Freedom /17/96.n/a 0.76 FFTHX Fidelity Freedom n/a /06/03.n/a 0.78 FFFFX Fidelity Freedom n/a /06/00.n/a 0.79 FFFGX Fidelity Freedom n/a.n/a /01/06.n/a 0.80 FFFHX Fidelity Freedom n/a.n/a /01/06.n/a 0.82 FFFAX Fidelity Freedom Income /17/96.n/a 0.48 ASSET ALLOCATION FUNDS FASIX Fidelity Asset Manager 20% /01/92.n/a 0.56 FTANX Fidelity Asset Manager 30% n/a.n/a /09/07.n/a 1.24 FFANX Fidelity Asset Manager 40% n/a.n/a /09/07.n/a 1.69 FASMX Fidelity Asset Manager 50% /28/88.n/a 0.71 FSANX Fidelity Asset Manager 60% n/a.n/a /09/07.n/a 1.88 FASGX Fidelity Asset Manager 70% /30/91.n/a 0.79 FAMRX Fidelity Asset Manager 85% n/a /24/99.n/a 0.88 MONEY MARKET (SHORT-TERM) FUNDS* FDRXX Fidelity Cash Reserves /10/79.n/a 0.39 SPAXX Fidelity Government Money Market /05/90.n/a 0.45 SPRXX Fidelity Money Market /23/89.n/a 0.44 The current yield reflects the current earnings of the fund, while the total return refers to a specific past holding period.
2 Fund 7-Day Life of Fund Trading Fee Expense Expense ID Name Yield Month YTD Year Year Year Fund Inception (%/Days) Ratio Cap MONEY MARKET (SHORT-TERM) FUNDS* (CONTINUED) FGMXX Fidelity Retirement Government Money Market /16/88.n/a 0.42 FRTXX Fidelity Retirement Money Market /02/88.n/a 0.42 FSLXX Fidelity Select Money Market /30/85.n/a 0.33 FGRXX Fidelity U.S. Government Reserves /03/81.n/a 0.34 FDLXX Fidelity U.S. Treasury Money Market /05/88.n/a 0.45 BOND FUNDS FGMNX Fidelity Ginnie Mae /08/85.n/a 0.45 FGOVX Fidelity Government Income /04/79.n/a 0.45 FINPX Fidelity Inflation-Protected Bond n/a /26/02.n/a 0.45 FFXSX Fidelity Institutional Short-Intermediate Government /10/86.n/a 0.45 FTHRX Fidelity Intermediate Bond /23/75.n/a 0.45 FSTGX Fidelity Intermediate Government Income /02/88.n/a 0.45 FBNDX Fidelity Investment Grade Bond /06/71.n/a 0.45 FMSFX Fidelity Mortgage Securities /31/84.n/a 0.45 FSHBX Fidelity Bond /15/86.n/a 0.45 FSICX Fidelity Strategic Income /01/98.n/a 0.73 FTBFX Fidelity Total Bond n/a /15/02.n/a 0.45 FBIDX Fidelity U.S. Bond Index /08/90.n/a 0.38 FUSFX Fidelity Ultra-Short Bond n/a /29/ / FIBIX Spartan Intermediate Treasury Bond Index - Investor Class n/a.n/a /20/05.n/a 0.20 FLBIX Spartan Long-Term Treasury Bond Index - Investor Class n/a.n/a /20/05.n/a 0.20 FSBIX Spartan Treasury Bond Index - Investor Class n/a.n/a /20/05.n/a 0.20 BOND FUNDS - HIGH YIELD FAGIX Fidelity Capital & Income /01/ / FFRHX Fidelity Floating Rate High Income n/a /19/ / FHIFX Fidelity Focused High Income n/a.n/a /08/ / SPHIX Fidelity High Income /29/ / BOND FUNDS - INTERNATIONAL/GLOBAL FNMIX Fidelity New Markets Income /04/ / BALANCED/HYBRID FUNDS FBALX Fidelity Balanced /06/86.n/a 0.61 FDYSX Fidelity Dynamic Strategies n/a.n/a /31/07.n/a 1.09 FPURX Fidelity Puritan /16/47.n/a 0.61 FSRRX Fidelity Strategic Real Return n/a.n/a /07/ / BALANCED/HYBRID FUNDS - CONVERTIBLE SECURITIES FCVSX Fidelity Convertible Securities /05/87.n/a 0.78 BALANCED/HYBRID FUNDS - INTERNATIONAL/GLOBAL FGBLX Fidelity Global Balanced /01/ / The current yield reflects the current earnings of the fund, while the total return refers to a specific past holding period.
3 Fund Life of Fund Trading Fee Expense Expense ID Name Month YTD Year Year Year Fund Inception (%/Days) Ratio Cap DOMESTIC EQUITY FUNDS - LARGE-CAP VALUE FBCVX Fidelity Blue Chip Value n/a /17/03.n/a 0.92 FEQIX Fidelity Equity-Income /16/66.n/a 0.71 FEQTX Fidelity Equity-Income II /21/90.n/a 0.67 FSLVX Fidelity Large Cap Value n/a /15/01.n/a 0.86 FLVEX Fidelity Large Cap Value Enhanced Index n/a.n/a /19/07.n/a 0.45 DOMESTIC EQUITY FUNDS - LARGE-CAP BLEND FOTTX Fidelity 130/30 Large Cap n/a.n/a /31/08.n/a 2.32 FDEQX Fidelity Disciplined Equity /28/88.n/a 0.87 FDGFX Fidelity Dividend Growth /27/93.n/a 0.64 FFNOX Fidelity Four-in-One Index /29/99.n/a 0.22 FFIDX Fidelity Fund /30/30.n/a 0.56 FGRIX Fidelity Growth & Income /30/85.n/a 0.68 FLCEX Fidelity Large Cap Core Enhanced Index n/a.n/a /19/07.n/a 0.45 FGRTX Fidelity Mega Cap Stock /28/98.n/a 0.75 FSDIX Fidelity Strategic Dividend & Income n/a /23/03.n/a 0.81 FVDFX Fidelity Value Discovery n/a /10/02.n/a 0.94 FSMKX Spartan 500 Index - Investor Class /06/90.n/a 0.10 FSTMX Spartan Total Market Index - Investor Class /05/ / FUSEX Spartan U.S. Equity Index - Investor Class /17/88.n/a 0.10 DOMESTIC EQUITY FUNDS - LARGE-CAP GROWTH FBGRX Fidelity Blue Chip Growth /31/87.n/a 0.58 FDCAX Fidelity Capital Appreciation /26/86.n/a 0.82 FCNTX Fidelity Contrafund /17/67.n/a 0.95 FEXPX Fidelity Export and Multinational /04/ / FFTYX Fidelity Fifty /17/93.n/a 0.99 FTQGX Fidelity Focused Stock /12/96.n/a 1.20 FDGRX Fidelity Growth Company /17/83.n/a 0.97 FDSVX Fidelity Growth Discovery /31/98.n/a 0.91 FDFFX Fidelity Independence /25/83.n/a 0.91 FSLGX Fidelity Large Cap Growth n/a /15/01.n/a 0.75 FLGEX Fidelity Large Cap Growth Enhanced Index n/a.n/a /19/07.n/a 0.45 FLCSX Fidelity Large Cap Stock /22/95.n/a 0.84 FMAGX Fidelity Magellan /02/63.n/a 0.71 FNCMX Fidelity NASDAQ Composite Index Fund n/a /25/ / FOCPX Fidelity OTC /31/84.n/a 1.06 FDSSX Fidelity Stock Selector /28/90.n/a 0.93 FTRNX Fidelity Trend /16/58.n/a 0.83 DOMESTIC EQUITY FUNDS - MID-CAP VALUE FSMVX Fidelity Mid Cap Value n/a /15/ / FDVLX Fidelity Value /01/78.n/a 0.76
4 Fund Life of Fund Trading Fee Expense Expense ID Name Month YTD Year Year Year Fund Inception (%/Days) Ratio Cap DOMESTIC EQUITY FUNDS - MID-CAP BLEND FLVCX Fidelity Leveraged Company Stock n/a /19/ / FLPSX Fidelity Low-Priced Stock /27/ / FSLSX Fidelity Value Strategies /31/83.n/a 0.89 FSEMX Spartan Extended Market Index - Investor Class /05/ / DOMESTIC EQUITY FUNDS - MID-CAP GROWTH FDEGX Fidelity Growth Strategies /28/ / FSMGX Fidelity Mid Cap Growth n/a /15/ / FMCSX Fidelity Mid-Cap Stock /29/ / FMILX Fidelity New Millennium Fund /28/92.n/a 1.10 DOMESTIC EQUITY FUNDS - SMALL-CAP BLEND FSCRX Fidelity Small Cap Retirement n/a /26/ / FSLCX Fidelity Small Cap Stock /12/ / FCPVX Fidelity Small Cap Value n/a.n/a /03/ / DOMESTIC EQUITY FUNDS - SMALL-CAP GROWTH FCPGX Fidelity Small Cap Growth n/a.n/a /03/ / FDSCX Fidelity Small Cap Independence /28/ / INTERNATIONAL/GLOBAL FUNDS FICDX Fidelity Canada /17/ / FHKCX Fidelity China Region /01/ / FDIVX Fidelity Diversified International /27/ / FEMEX Fidelity Emerging Europe, Middle East, Africa n/a.n/a /08/ / FIEUX Fidelity Europe /01/ / FECAX Fidelity Europe Capital Appreciation /21/ / FIVFX Fidelity International Capital Appreciation /01/ / FIGRX Fidelity International Discovery /31/ / FIGFX Fidelity International Growth n/a.n/a /01/ / FISMX Fidelity International Small Cap n/a /18/ / FSCOX Fidelity International Small Cap Opportunities n/a.n/a /02/ / FIVLX Fidelity International Value n/a.n/a /18/ / FJPNX Fidelity Japan /15/ / FJSCX Fidelity Japan Smaller Companies /01/ / FLATX Fidelity Latin America /19/ / FNORX Fidelity Nordic /01/ / FOSFX Fidelity Overseas /04/ / FPBFX Fidelity Pacific Basin /01/ / FSEAX Fidelity Southeast Asia /19/ / FTIEX Fidelity Total International Equity n/a.n/a /01/ / FWWFX Fidelity Worldwide /30/ / FSIIX Spartan International Index - Investor Class /05/ / INTERNATIONAL/GLOBAL FUNDS - EMERGING MARKETS FEMKX Fidelity Emerging Markets /01/ /
5 Fund Life of Fund Trading Fee Expense Expense ID Name Month YTD Year Year Year Fund Inception (%/Days) Ratio Cap SPECIALTY / SELECT FUNDS FIREX Fidelity International Real Estate n/a.n/a /08/ / FRIFX Fidelity Real Estate Income n/a /04/ / FRESX Fidelity Real Estate Investment /17/ / FSAIX Fidelity Select Air Transportation /16/ / FSAVX Fidelity Select Automotive /30/ / FSRBX Fidelity Select Banking /30/ / FBIOX Fidelity Select Biotechnology /16/ / FSLBX Fidelity Select Brokerage and Investment Management /29/ / FSCHX Fidelity Select Chemicals /29/ / FSDCX Fidelity Select Communications Equipment /29/ / FDCPX Fidelity Select Computers /29/ / FSHOX Fidelity Select Construction and Housing /29/ / FSCPX Fidelity Select Consumer Discretionary /29/ / FDFAX Fidelity Select Consumer Staples /29/ / FSDAX Fidelity Select Defense and Aerospace /08/ / FSELX Fidelity Select Electronics /29/ / FSENX Fidelity Select Energy /14/ / FSESX Fidelity Select Energy Service /16/ / FSLEX Fidelity Select Environmental /29/ / FIDSX Fidelity Select Financial Services /10/ / FSAGX Fidelity Select Gold /16/ / FSPHX Fidelity Select Health Care /14/ / FSVLX Fidelity Select Home Finance /16/ / FSCGX Fidelity Select Industrial Equipment /29/ / FCYIX Fidelity Select Industrials /03/ / FSPCX Fidelity Select Insurance /16/ / FBSOX Fidelity Select IT Services /04/ / FDLSX Fidelity Select Leisure /08/ / FSDPX Fidelity Select Materials /29/ / FSHCX Fidelity Select Medical Delivery /30/ / FSMEX Fidelity Select Medical Equipment and Systems /28/ / FBMPX Fidelity Select Multimedia /30/ / FSNGX Fidelity Select Natural Gas /21/ / FNARX Fidelity Select Natural Resources /03/ / FPHAX Fidelity Select Pharmaceuticals n/a /18/ / FSRPX Fidelity Select Retailing /16/ / FSCSX Fidelity Select Software and Computer Services /29/ / FSPTX Fidelity Select Technology /14/ / FSTCX Fidelity Select Telecommunications /29/ / FSRFX Fidelity Select Transportation /29/ / FSUTX Fidelity Select Utilities /10/ / FWRLX Fidelity Select Wireless n/a /21/ / FIUIX Fidelity Telecom and Utilities /27/87.n/a 0.77
6 Name Month YTD Year Year Year MARKET INDICATORS^^ For comparison purposes only. It is not possible to invest directly in these indicators. Barclays Capital U.S. Intermediate Government/ Credit Bond Index❶ Dow Jones Industrial Average MSCI EAFE Index Standard & Poor s 500 SM Index Total returns are historical and include change in share value and reinvestment of dividends and capital gains, if any. total returns are reported as of the period indicated. Life of fund figures are reported as of the inception date to the period indicated. These figures do not include the effects of sales charges, if any, as these charges are waived for contributions made through your company s employee benefit plan. If sales charges were included, returns would have been lower. With the exception of domestic equity mutual funds, investment options have been assigned to investment categories based on Fidelity s analysis. Fidelity has verified the accuracy of the placement of certain third-party non-mutual funds with either the plan sponsor or the plan sponsor s consultant. Within Domestic Equities, mutual funds are listed according to their actual Morningstar categories as of the date indicated. Morningstar categories are based on a fund s style as measured by its underlying portfolio holdings over the past 3 years and may change at any time. These style calculations do not represent the funds objectives and do not predict the funds future styles. SPECIFIC FUNDS For a mutual fund, the expense ratio is the total annual fund or class operating expenses (before waivers or reimbursements) paid by the fund and stated as a percent of the fund s total net assets. Where the investment option is not a mutual fund, the figure displayed in the expense ratio field is intended to reflect similar information. However, it may have been calculated using methodologies that differ from those used for mutual funds. Mutual fund data has been drawn from the most recent prospectus. For non-mutual fund investment options, the information has been provided by the trustee or plan sponsor. When no ratio is shown for these options it is due to the fact that none was available. Nevertheless, there may be fees and expenses associated with the investment option. Fidelity is temporarily reimbursing a portion of the fund s expenses. Absent such reimbursement, returns would have been lower. Total returns shown prior to September 19, 2002, are those of Fidelity Advisor Floating Rate High Income Fund Institutional Class, which commenced operations on August 16, Total returns shown since September 19, 2002 are Fidelity Floating Rate High Income Fund. Formerly known as Fidelity Aggressive Growth (1/30/09). Prior to 10/1/2006 these Fidelity Select Portfolios operated under certain different investment policies, and compared their performance to different benchmarks. The fund s historical performance might not represent its current investment policies. Formerly known as Fidelity Select Utilities Growth (1/16/09). Formerly known as Fidelity Utilities (1/16/09). ❶ Formerly known as Lehman Brothers Intermediate U.S. Government/Credit Index. MARKET INDICATORS ^^ Indices are unmanaged and you cannot invest directly in an index. Barclays Capital U.S. Intermediate Government/Credit Bond Index is a market value-weighted index of investment-grade fixed-rate debt securities with maturities from one up to (but not including) ten years from the U.S. Treasury, U.S. Government-Related, and U.S. Corporate Indices. Dow Jones Industrial Average, published by Dow Jones & Company, is a price-weighted index that serves as a measure of the entire U.S. market. The index comprises 30 actively traded stocks, covering such diverse industries as financial services, retail, entertainment, and consumer goods. Morgan Stanley Capital International Europe, Australasia, and Far East (MSCI EAFE ) Index is a market capitalization index that is designed to measure the investable equity market performance for global investors in developed markets, excluding the US & Canada. Index returns for periods after January 1, 1997, are adjusted for tax withholding rates applicable to U.S.-based mutual funds organized as Massachusetts business trusts. The S&P 500 Index is a registered service mark of The McGraw-Hill Companies, Inc., and has been licensed for use by Fidelity Distributors Corporation and its affiliates. It is an unmanaged index of the common stock prices of 500 widely held U.S. stocks that includes the reinvestment of dividends. INVESTMENT RISK These funds are subject to the volatility of the financial markets in the U.S. and abroad and may be subject to the additional risks associated with investing in high-yield, small-cap and foreign securities. * An investment in a money market fund is not insured or guaranteed by the FDIC or any other government agency. Although money market funds seek to preserve the value of your investment at $1 per share, it is possible to lose money by investing in these funds. In general, bond prices rise when interest rates fall, and vice versa. This effect is usually more pronounced for longer-term securities. The fund may invest in lower-quality securities that generally offer higher yields, but also carry more risk of default or price changes due to potential changes in the credit quality of the issuer. In addition, bond funds entail interest rate risk (as interest rates rise bond prices usually fall and vice versa). Foreign investments, especially those in emerging markets, involve greater risk and may offer greater potential returns than U.S. investments. This risk includes political and economic uncertainties of foreign countries, as well as the risk of currency fluctuation. Investments in mid-sized companies may involve greater risks than those of larger, more well-known companies, but may be less volatile than investments in smaller companies. Investments in smaller companies may involve greater risks than those of larger, more well-known companies. Because of their narrow focus, sector funds may be more volatile than funds that diversify across many sectors. Before investing in any mutual fund, please carefully consider the investment objectives, risks, charges and expenses. For this and other information, call Fidelity at or visit for a free mutual fund prospectus. Read it carefully before you invest. Fidelity Brokerage Services LLC, Member NYSE, SIPC 300 Puritan Way, Marlborough, MA FMR LLC, All rights reserved ZAF
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