Fidelity Stock Selector All Cap Fund

This fund typically allocates a minimum of 80% of its total assets to equities, with a primary focus on common shares. Its capital is channeled into various Fidelity® central funds, which are designed to offer diversified exposure across numerous segments of the U.S. stock market. These segments currently include communication services, consumer discretionary, consumer staples, energy, financial services, healthcare, industrials, information technology, materials, real estate, and utilities. The fund's investments in these sector-specific central funds target securities from both domestic and international issuers, incorporating both growth and/or value investment approaches.