Fidelity Mega Cap Stock Fund

The Fidelity Mega Cap Stock Fund primarily allocates at least 80% of its capital to the common stocks of companies characterized by substantial market capitalizations. For this fund, such firms possess market values comparable to those included in the Russell Top 200® Index or the S&P 100® Index. The portfolio has the flexibility to invest in both U.S. and international issuers, and it may pursue opportunities in either growth-oriented or value-focused companies, or a blend of both styles. The adviser's security selection process is driven by fundamental analysis, meticulously evaluating elements like an issuer's financial strength, its competitive position within its industry, and the prevailing market and economic climate.