Fidelity Value Strategies Fund

The fund's main objective is to achieve long-term growth in investor capital. Its portfolio primarily consists of common stocks. The investment strategy involves identifying and purchasing securities of companies that the advisor believes are trading below their intrinsic value, considering metrics like assets, sales, earnings, or future growth prospects—these are typically referred to as "value" stocks. While the fund concentrates its investments in medium-sized companies, it also has the flexibility to allocate significant capital to both larger and smaller enterprises. Its holdings include both U.S. and foreign-domiciled issuers.