Fidelity Small Cap Discovery Fund

This fund primarily invests a significant portion of its assets, typically at least 80%, in companies that have a small market capitalization. For the purpose of this fund, such companies are generally those with market values comparable to the constituents of the Russell 2000® Index or the S&P SmallCap 600® Index. It has the flexibility to invest in both U.S. and international companies. The fund's investment approach is versatile, allowing it to focus on growth stocks, value stocks, or a combination of both. The advisor makes investment choices by conducting thorough fundamental analysis, considering elements like a company's financial stability, its position within its industry, and broader market and economic conditions.