Fidelity Small Cap Growth Fund

The Fidelity Small Cap Growth Fund predominantly allocates its capital to common stocks. A significant portion – at least 80% of its assets – is dedicated to companies characterized by modest market capitalizations. This fund specifically seeks out enterprises that Fidelity Management & Research Company LLC (FMR) identifies as possessing strong, above-average growth potential, which are widely known as "growth stocks." Its investment universe is global, encompassing both U.S. and international issuers. Investment decisions are grounded in comprehensive fundamental analysis, involving a meticulous evaluation of each company's financial health, competitive standing within its industry, and the broader prevailing market and economic conditions.