0000225322-12-000069.txt : 20121115 0000225322-12-000069.hdr.sgml : 20121115 20121115120826 ACCESSION NUMBER: 0000225322-12-000069 CONFORMED SUBMISSION TYPE: 485BPOS PUBLIC DOCUMENT COUNT: 7 FILED AS OF DATE: 20121115 DATE AS OF CHANGE: 20121115 EFFECTIVENESS DATE: 20121115 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FIDELITY SUMMER STREET TRUST CENTRAL INDEX KEY: 0000225322 IRS NUMBER: 000000000 FISCAL YEAR END: 0430 FILING VALUES: FORM TYPE: 485BPOS SEC ACT: 1933 Act SEC FILE NUMBER: 002-58542 FILM NUMBER: 121207733 BUSINESS ADDRESS: STREET 1: 82 DEVONSHIRE ST CITY: BOSTON STATE: MA ZIP: 02109 BUSINESS PHONE: 617-563-7000 MAIL ADDRESS: STREET 1: 82 DEVONSHIRE ST CITY: BOSTON STATE: MA ZIP: 02109 FORMER COMPANY: FORMER CONFORMED NAME: FIDELITY HIGH INCOME FUND DATE OF NAME CHANGE: 19890309 FORMER COMPANY: FORMER CONFORMED NAME: FIDELITY AGGRESSIVE INCOME FUND DATE OF NAME CHANGE: 19810205 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FIDELITY SUMMER STREET TRUST CENTRAL INDEX KEY: 0000225322 IRS NUMBER: 000000000 FISCAL YEAR END: 0430 FILING VALUES: FORM TYPE: 485BPOS SEC ACT: 1940 Act SEC FILE NUMBER: 811-02737 FILM NUMBER: 121207734 BUSINESS ADDRESS: STREET 1: 82 DEVONSHIRE ST CITY: BOSTON STATE: MA ZIP: 02109 BUSINESS PHONE: 617-563-7000 MAIL ADDRESS: STREET 1: 82 DEVONSHIRE ST CITY: BOSTON STATE: MA ZIP: 02109 FORMER COMPANY: FORMER CONFORMED NAME: FIDELITY HIGH INCOME FUND DATE OF NAME CHANGE: 19890309 FORMER COMPANY: FORMER CONFORMED NAME: FIDELITY AGGRESSIVE INCOME FUND DATE OF NAME CHANGE: 19810205

0000225322 S000017691 Fidelity Export and Multinational Fund

C000048887 Fidelity Export and Multinational Fund FEXPX

C000064282 Class K FEXKX

485BPOS 1 main.htm

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-1A

REGISTRATION STATEMENT (No. 002-58542)
		UNDER THE SECURITIES ACT OF 1933	[X]
		Pre-Effective Amendment No. ____	[ ]
		Post-Effective Amendment No. 102	[X]
and
REGISTRATION STATEMENT (No. 811-02737)
		UNDER THE INVESTMENT COMPANY ACT OF 1940	[X]
		Amendment No. 102	[X]

Fidelity Summer Street Trust
(Exact Name of Registrant as Specified in Charter)

82 Devonshire St., Boston, Massachusetts 02109
(Address Of Principal Executive Offices) (Zip Code)

Registrant's Telephone Number: 617-563-7000

Scott C. Goebel, Secretary
82 Devonshire Street
Boston, Massachusetts 02109
(Name and Address of Agent for Service)

It is proposed that this filing will become effective
	(X)	immediately upon filing pursuant to paragraph (b).
	( )	on ( ) pursuant to paragraph (b) at 5:30 p.m. Eastern Time.
	( )	60 days after filing pursuant to paragraph (a)(1) at 5:30 p.m. Eastern Time.
	( )	on ( ) pursuant to paragraph (a)(1) of Rule 485 at 5:30 p.m. Eastern Time.
	( )	75 days after filing pursuant to paragraph (a)(2) at 5:30 p.m. Eastern Time.
	( )	on ( ) pursuant to paragraph (a)(2) of Rule 485 at 5:30 p.m. Eastern Time.

If appropriate, check the following box:
	( )	this post-effective amendment designates a new effective date for a previously filed post-effective amendment.

EXHIBIT INDEX

Exhibit	Exhibit No.
XBRL Instance Document	EX-101.INS
XBRL Taxonomy Extension Schema Document	EX-101.SCH
XBRL Taxonomy Extension Calculation Linkbase Document	EX-101.CAL
XBRL Taxonomy Extension Definition Linkbase Document	EX-101.DEF
XBRL Taxonomy Extension Labels Linkbase Document	EX-101.LAB
XBRL Taxonomy Extension Presentation Linkbase Document	EX-101.PRE

SIGNATURES

Pursuant to the requirements of the Securities Act of 1933 and the Investment Company Act of 1940, the Registrant certifies that it meets all of the requirements for the effectiveness of this Registration Statement pursuant to Rule 485(b) under the Securities Act of 1933 and has duly caused this Post-Effective Amendment No. 102 to the Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Boston, and Commonwealth of Massachusetts, on the 15th day of November 2012.

	Fidelity Summer Street Trust
	By	/s/Kenneth B. Robins
\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|\|		Kenneth B. Robins, President

Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed below by the following persons in the capacities and on the dates indicated.

(Signature)		(Title)	(Date)

/s/Kenneth B. Robins		President and Treasurer	November 15, 2012
Kenneth B. Robins		(Principal Executive Officer)

/s/Christine Reynolds		Chief Financial Officer	November 15, 2012
Christine Reynolds		(Principal Financial Officer)

/s/James C. Curvey	*	Trustee	November 15, 2012
James C. Curvey

/s/Dennis J. Dirks	*	Trustee	November 15, 2012
Dennis J. Dirks

/s/Alan J. Lacy	*	Trustee	November 15, 2012
Alan J. Lacy

/s/Ned C. Lautenbach	*	Trustee	November 15, 2012
Ned C. Lautenbach

/s/Joseph Mauriello	*	Trustee	November 15, 2012
Joseph Mauriello

/s/Ronald P. O'Hanley	*	Trustee	November 15, 2012
Ronald P. O'Hanley

/s/Robert W. Selander	*	Trustee	November 15, 2012
Robert W. Selander

/s/Cornelia M. Small	*	Trustee	November 15, 2012
Cornelia M. Small

/s/William S. Stavropoulos	*	Trustee	November 15, 2012
William S. Stavropoulos

/s/David M. Thomas	*	Trustee	November 15, 2012
David M. Thomas

/s/Michael E. Wiley	*	Trustee	November 15, 2012
Michael E. Wiley

*	By:	/s/Joseph R. Fleming
		Joseph R. Fleming, pursuant to a power of attorney dated December 1, 2011 and filed herewith.

POWER OF ATTORNEY

We, the undersigned Directors or Trustees, as the case may be, of the following investment companies:

Fidelity Advisor Series I

Fidelity Advisor Series VII

Fidelity Advisor Series VIII

Fidelity Beacon Street Trust

Fidelity Capital Trust

Fidelity Central Investment Portfolios LLC

Fidelity Commonwealth Trust

Fidelity Concord Street Trust

Fidelity Congress Street Fund

Fidelity Contrafund

Fidelity Covington Trust

Fidelity Destiny Portfolios

Fidelity Devonshire Trust

Fidelity Exchange Fund

Fidelity Financial Trust

Fidelity Hanover Street Trust

Fidelity Hastings Street Trust

Fidelity Investment Trust

Fidelity Magellan Fund

Fidelity Mt. Vernon Street Trust

Fidelity Puritan Trust

Fidelity Securities Fund

Fidelity Select Portfolios

Fidelity Summer Street Trust

Fidelity Trend Fund

Variable Insurance Products Fund

Variable Insurance Products Fund II

Variable Insurance Products Fund III

Variable Insurance Products Fund IV

in addition to any other investment company for which Fidelity Management & Research Company ("FMR") or an affiliate acts as investment adviser and for which the undersigned individuals serve as Directors or Trustees (collectively, the "Funds"), hereby revoke all previous powers of attorney we have given to sign and otherwise act in our names and behalf in matters involving any investment company for which FMR or an affiliate acts as investment adviser and hereby constitute and appoint Thomas C. Bogle, Joseph R. Fleming, John V. O'Hanlon, Robert W. Helm and Anthony H. Zacharski, each of them singly, our true and lawful attorneys-in-fact, with full power of substitution, and with full power to each of them, to sign for us and in our names in the appropriate capacities, all Registration Statements of the Funds on Form N-1A, or any successors thereto, any and all subsequent Amendments, Pre-Effective Amendments, or Post-Effective Amendments to said Registration Statements or any successors thereto, and any supplements or other instruments in connection therewith, and generally to do all such things in our names and behalf in connection therewith as said attorneys-in-fact deem necessary or appropriate, to comply with the provisions of the Securities Act of 1933 and the Investment Company Act of 1940, and all related requirements of the Securities and Exchange Commission. We hereby ratify and confirm all that said attorneys-in-fact or their substitutes may do or cause to be done by virtue hereof. This power of attorney is effective for all documents filed on or after December 1, 2011.

WITNESS our hands on this first day of December 1, 2011.

/s/James C. Curvey	/s/Robert W. Selander
James C. Curvey	Robert W. Selander
/s/Ronald P. O'Hanley	/s/Cornelia M. Small
Ronald P. O'Hanley	Cornelia M. Small
/s/Dennis J. Dirks	/s/William S. Stavropoulos
Dennis J. Dirks	William S. Stavropoulos
/s/Alan J. Lacy	/s/David M. Thomas
Alan J. Lacy	David M. Thomas
/s/Ned C. Lautenbach	/s/Michael E. Wiley
Ned C. Lautenbach	Michael E. Wiley
/s/Joseph Mauriello
Joseph Mauriello

EX-101.PRE 3 fsst3-20121029_pre.xml EX-101.INS 4 fsst3-20121029.xml 0000225322 fsst3:S000017691Member fsst3:ClassKMember fsst3:C000064282Member 2011-10-31 2012-10-30 0000225322 fsst3:S000017691Member fsst3:RetailMember fsst3:C000048887Member 2011-10-31 2012-10-30 0000225322 fsst3:S000017691Member fsst3:ClassKMember 2011-10-31 2012-10-30 0000225322 fsst3:S000017691Member fsst3:RetailMember 2011-10-31 2012-10-30 0000225322 fsst3:S000017691Member fsst3:ClassKMember fsst3:SandpFiveHundredMember 2011-10-31 2012-10-30 0000225322 2011-10-31 2012-10-30 0000225322 fsst3:S000017691Member fsst3:RetailMember fsst3:BeforeTaxesMember fsst3:C000048887Member 2011-10-31 2012-10-30 0000225322 fsst3:S000017691Member fsst3:RetailMember rr:AfterTaxesOnDistributionsMember fsst3:C000048887Member 2011-10-31 2012-10-30 0000225322 fsst3:S000017691Member fsst3:RetailMember rr:AfterTaxesOnDistributionsAndSalesMember fsst3:C000048887Member 2011-10-31 2012-10-30 0000225322 fsst3:S000017691Member fsst3:RetailMember fsst3:SandpFiveHundredMember 2011-10-31 2012-10-30 pure iso4217:USD 2012-09-30 2012-09-30 362 <div style="display:none">~ http://www.fidelity.com/role/ScheduleShareholderFeesFidelityExportandMultinationalFund column period compact * ~</div> 455 <div style="display:none">~ http://www.fidelity.com/role/ScheduleShareholderFeesFidelityExportandMultinationalFundFidelityExportandMultinationalFund column period compact * ~</div> Fund Summary Fund/Class: Fidelity® Export and Multinational Fund/K The fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when fund shares are held in a taxable account. These costs, which are not reflected in annual operating expenses or in the example, affect the fund's performance. During the most recent fiscal year, the fund's portfolio turnover rate was 97% of the average value of its portfolio. www.401k.com and log in for updated return information 0.1675 0.3262 The fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when fund shares are held in a taxable account. These costs, which are not reflected in annual operating expenses or in the example, affect the fund's performance. During the most recent fiscal year, the fund's portfolio turnover rate was 97% of the average value of its portfolio. www.fidelity.com 0.1663 Shareholder fees (fees paid directly from your investment) Annual class operating expenses (expenses that you pay each year as a % of the value of your investment) <table border="1" width="95%"><tr><td><div align="left">During the periods shown in the chart: </div></td><td valign="bottom" align="center"><div align="center">Returns </div></td><td valign="bottom" align="center"><div align="center">Quarter ended</div></td></tr><tr><td><div align="left">Highest Quarter Return </div></td><td><div align="right">17.11% </div></td><td><div align="left">September 30, 2009</div></td></tr><tr><td><div align="left">Lowest Quarter Return </div></td><td><div align="right">-14.87% </div></td><td><div align="left">September 30, 2011</div></td></tr><tr><td><div align="left">Year-to-Date Return </div></td><td><div align="right">16.75% </div></td><td><div align="left">September 30, 2012</div></td></tr></table> 66 The information illustrates the changes in the performance of the fund's shares from year to year and compares the performance of the fund's shares to the performance of a securities market index over various periods of time. 84 Fund Summary Fund/Class: Fidelity® Export and Multinational Fund/Fidelity Export and Multinational Fund Shareholder fees (fees paid directly from your investment) Annual class operating expenses (expenses that you pay each year as a % of the value of your investment) <table border="1" width="95%"><tr><td><div align="left">During the periods shown in the chart: </div></td><td valign="bottom" align="center"><div align="center">Returns </div></td><td valign="bottom" align="center"><div align="center">Quarter ended</div></td></tr><tr><td><div align="left">Highest Quarter Return </div></td><td><div align="right">17.06% </div></td><td><div align="left">September 30, 2009</div></td></tr><tr><td><div align="left">Lowest Quarter Return </div></td><td><div align="right">-24.60% </div></td><td><div align="left">December 31, 2008</div></td></tr><tr><td><div align="left">Year-to-Date Return </div></td><td><div align="right">16.63% </div></td><td><div align="left">September 30, 2012</div></td></tr></table> The information illustrates the changes in the performance of the fund's shares from year to year and compares the performance of the fund's shares to the performance of a securities market index over various periods of time. 2008-05-09 2008-05-09 <div style="display:none">~ http://www.fidelity.com/role/ScheduleAnnualClassOperatingExpensesFidelityExportandMultinationalFund column period compact * ~</div> <div style="display:none">~ http://www.fidelity.com/role/ScheduleAnnualClassOperatingExpensesFidelityExportandMultinationalFundFidelityExportandMultinationalFund column period compact * ~</div> Return After Taxes on Distributions and Sale of Fund Shares may be higher than other returns for the same period due to a tax benefit of realizing a capital loss upon the sale of fund shares. 485BPOS FIDELITY SUMMER STREET TRUST 2012-08-31 Investment Objective The following table describes the fees and expenses that may be incurred when you buy, hold, or sell shares of the fund. This example helps compare the cost of investing in the fund with the cost of investing in other mutual funds. Let's say, hypothetically, that the annual return for shares of the fund is 5% and that your shareholder fees and the annual operating expenses for shares of the fund are exactly as described in the fee table. This example illustrates the effect of fees and expenses, but is not meant to suggest actual or expected fees and expenses or returns, all of which may vary. For every $10,000 you invested, here's how much you would pay in total expenses if you sell all of your shares at the end of each time period indicated: Principal Investment Strategies Average Annual Returns For the periods ended December 31, 2011 208 -0.0347 You could lose money by investing in the fund. 2011-09-30 0.1711 2012-10-29 262 -0.1866 -0.0367 0.0398 0.0363 0.0339 0.0292 Investment Objective The following table describes the fees and expenses that may be incurred when you buy, hold, or sell shares of the fund. This example helps compare the cost of investing in the fund with the cost of investing in other mutual funds. Let's say, hypothetically, that the annual return for shares of the fund is 5% and that your shareholder fees and the annual operating expenses for shares of the fund are exactly as described in the fee table. This example illustrates the effect of fees and expenses, but is not meant to suggest actual or expected fees and expenses or returns, all of which may vary. For every $10,000 you invested, here's how much you would pay in total expenses if you sell all of your shares at the end of each time period indicated: Principal Investment Strategies Average Annual Returns After-tax returns are calculated using the historical highest individual federal marginal income tax rates, but do not reflect the impact of state or local taxes. Actual after-tax returns may differ depending on your individual circumstances. The after-tax returns shown are not relevant if you hold your shares in a retirement account or in another tax-deferred arrangement. Return After Taxes on Distributions and Sale of Fund Shares may be higher than other returns for the same period due to a tax benefit of realizing a capital loss upon the sale of fund shares. For the periods ended December 31, 2011 You could lose money by investing in the fund. The after-tax returns shown are not relevant if you hold your shares in a retirement account or in another tax-deferred arrangement. 0.1706 <div style="display:none">~ http://www.fidelity.com/role/ScheduleAnnualTotalReturnsFidelityExportandMultinationalFundBarChart column period compact * ~</div> <div style="display:none">~ http://www.fidelity.com/role/ScheduleAnnualTotalReturnsFidelityExportandMultinationalFundFidelityExportandMultinationalFundBarChart column period compact * ~</div> 0000225322 false Fee Table Portfolio Turnover <ul><li style="margin-left:-10px">Normally investing primarily in common stocks. </li><li style="margin-left:-10px">Normally investing primarily in securities of U.S. companies that are expected to benefit from exporting or selling their goods or services outside the United States (export and multinational companies).</li><li style="margin-left:-10px">Potentially investing in securities of foreign issuers and in securities of U.S. companies that are not export or multinational companies.</li><li style="margin-left:-10px">Investing in either "growth" stocks or "value" stocks or both.</li><li style="margin-left:-10px">Using fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments.</li></ul> Principal Investment Risks <ul><li style="margin-left:-10px">Stock Market Volatility. Stock markets are volatile and can decline significantly in response to adverse issuer, political, regulatory, market, or economic developments. Different parts of the market can react differently to these developments.</li><li style="margin-left:-10px">Foreign Exposure. Foreign markets can be more volatile than the U.S. market due to increased risks of adverse issuer, political, regulatory, market, or economic developments and can perform differently from the U.S. market.</li><li style="margin-left:-10px">Issuer-Specific Changes. The value of an individual security or particular type of security can be more volatile than, and can perform differently from, the market as a whole.</li><li style="margin-left:-10px">Export and Multinational Company Exposure. Export and multinational companies can be significantly affected by political, economic, and regulatory developments in foreign markets.</li></ul>An investment in the fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. You could lose money by investing in the fund. Performance Year-by-Year Returns Calendar Years 0 0.0009 0.0065 0.3737 0.1209 -0.0347 0.0211 -0.0291 -0.0047 An investment in the fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Past performance is not an indication of future performance. Lowest Quarter Return Year-to-Date Return 2009-09-30 <div style="display:none">~ http://www.fidelity.com/role/ScheduleExpenseExampleFidelityExportandMultinationalFund column period compact * ~</div> 2012-10-30 2012-10-30 0 0.0026 0.0082 0.1359 0.1529 0.1529 -0.4336 0.3705 0.119 -0.0367 -0.0389 -0.021 0.0211 Fee Table Portfolio Turnover <ul><li style="margin-left:-10px">Normally investing primarily in common stocks. </li><li style="margin-left:-10px">Normally investing primarily in securities of U.S. companies that are expected to benefit from exporting or selling their goods or services outside the United States (export and multinational companies).</li><li style="margin-left:-10px">Potentially investing in securities of foreign issuers and in securities of U.S. companies that are not export or multinational companies.</li><li style="margin-left:-10px">Investing in either "growth" stocks or "value" stocks or both.</li><li style="margin-left:-10px">Using fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments.</li></ul> Principal Investment Risks <ul><li style="margin-left:-10px">Stock Market Volatility. Stock markets are volatile and can decline significantly in response to adverse issuer, political, regulatory, market, or economic developments. Different parts of the market can react differently to these developments.</li><li style="margin-left:-10px">Foreign Exposure. Foreign markets can be more volatile than the U.S. market due to increased risks of adverse issuer, political, regulatory, market, or economic developments and can perform differently from the U.S. market.</li><li style="margin-left:-10px">Issuer-Specific Changes. The value of an individual security or particular type of security can be more volatile than, and can perform differently from, the market as a whole.</li><li style="margin-left:-10px">Export and Multinational Company Exposure. Export and multinational companies can be significantly affected by political, economic, and regulatory developments in foreign markets.</li></ul>An investment in the fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. You could lose money by investing in the fund. Performance Year-by-Year Returns Calendar Years Past performance (before and after taxes) is not an indication of future performance. After-tax returns are calculated using the historical highest individual federal marginal income tax rates, but do not reflect the impact of state or local taxes. 2009-09-30 Lowest Quarter Return 2008-12-31 Year-to-Date Return Class K S&P 500&#174 Index Return Before Taxes Return After Taxes on Distributions Return After Taxes on Distributions and Sale of Fund Shares S&P 500® Index Fidelity Export and Multinational Fund Fidelity Export and Multinational Fund Fidelity Export and Multinational Fund <div style="display:none">~ http://www.fidelity.com/role/ScheduleExpenseExampleFidelityExportandMultinationalFundFidelityExportandMultinationalFund column period compact * ~</div> <div style="display:none">~ http://www.fidelity.com/role/ScheduleAverageAnnualTotalReturnsTransposedFidelityExportandMultinationalFundFidelityExportandMultinationalFund column period compact * ~</div> <div style="display:none">~ http://www.fidelity.com/role/ScheduleAverageAnnualTotalReturnsTransposedFidelityExportandMultinationalFund column period compact * ~</div> The fund seeks long-term growth of capital. The following information is intended to help you understand the risks of investing in the fund. The information illustrates the changes in the performance of the fund's shares from year to year and compares the performance of the fund's shares to the performance of a securities market index over various periods of time. The index description appears in the Additional Information about the Index section of the prospectus. Past performance is not an indication of future performance. Visit www.401k.com and log in for updated return information. -0.0075 0.0056 810 0.97 Highest Quarter Return -0.1487 -0.0075 0.0056 1014 0.0843 -0.0072 -0.0092 -0.006 -0.0025 The fund seeks long-term growth of capital. The following information is intended to help you understand the risks of investing in the fund. The information illustrates the changes in the performance of the fund's shares from year to year and compares the performance of the fund's shares to the performance of a securities market index over various periods of time. The index description appears in the Additional Information about the Index section of the prospectus. Past performance (before and after taxes) is not an indication of future performance. Visit www.fidelity.com for updated return information. 0.97 An investment in the fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Highest Quarter Return -0.246 From May 9, 2008. EX-101.SCH 5 fsst3-20121029.xsd 000000 - Document - Document and Entity Information link:presentationLink link:calculationLink link:definitionLink 000011 - Document - Risk/Return Summary {Unlabeled} - Fidelity Export and Multinational Fund link:presentationLink link:calculationLink link:definitionLink 000012 - Schedule - Shareholder Fees {- Fidelity Export and Multinational Fund} link:presentationLink link:calculationLink link:definitionLink 000013 - Schedule - Annual Class Operating Expenses {- Fidelity Export and Multinational Fund} link:presentationLink link:calculationLink link:definitionLink 000014 - Schedule - Expense Example {- Fidelity Export and Multinational Fund} link:presentationLink link:calculationLink link:definitionLink 000015 - Schedule - Expense Example, No Redemption {Transposed} {- Fidelity Export and Multinational Fund} link:presentationLink link:calculationLink link:definitionLink 000016 - Schedule - Annual Total Returns - Fidelity Export and Multinational Fund [BarChart] link:presentationLink link:calculationLink link:definitionLink 000017 - Schedule - Average Annual Total Returns {Transposed} {- Fidelity Export and Multinational Fund} link:presentationLink link:calculationLink link:definitionLink 000018 - Document - Risk/Return Detail {Unlabeled} - Fidelity Export and Multinational Fund link:presentationLink link:calculationLink link:definitionLink 000019 - Disclosure - Risk/Return Detail Data {Elements} - Fidelity Export and Multinational Fund link:presentationLink link:calculationLink link:definitionLink 000021 - Document - Risk/Return Summary {Unlabeled} - Fidelity Export and Multinational Fund {Fidelity Export and Multinational Fund} link:presentationLink link:calculationLink link:definitionLink 000022 - Schedule - Shareholder Fees {- Fidelity Export and Multinational Fund Fidelity Export and Multinational Fund} link:presentationLink link:calculationLink link:definitionLink 000023 - Schedule - Annual Class Operating Expenses {- Fidelity Export and Multinational Fund Fidelity Export and Multinational Fund} link:presentationLink link:calculationLink link:definitionLink 000024 - Schedule - Expense Example {- Fidelity Export and Multinational Fund Fidelity Export and Multinational Fund} link:presentationLink link:calculationLink link:definitionLink 000025 - Schedule - Expense Example, No Redemption {Transposed} {- Fidelity Export and Multinational Fund Fidelity Export and Multinational Fund} link:presentationLink link:calculationLink link:definitionLink 000026 - Schedule - Annual Total Returns - Fidelity Export and Multinational Fund Fidelity Export and Multinational Fund [BarChart] link:presentationLink link:calculationLink link:definitionLink 000027 - Schedule - Average Annual Total Returns {Transposed} {- Fidelity Export and Multinational Fund Fidelity Export and Multinational Fund} link:presentationLink link:calculationLink link:definitionLink 000028 - Document - Risk/Return Detail {Unlabeled} - Fidelity Export and Multinational Fund Fidelity Export and Multinational Fund link:presentationLink link:calculationLink link:definitionLink 000029 - Disclosure - Risk/Return Detail Data {Elements} - Fidelity Export and Multinational Fund {Fidelity Export and Multinational Fund} link:presentationLink link:calculationLink link:definitionLink 000013 - Schedule - Annual Fund Operating Expenses {- Fidelity Export and Multinational Fund} link:calculationLink link:presentationLink link:definitionLink EX-101.CAL 6 fsst3-20121029_cal.xml EX-101.DEF 7 fsst3-20121029_def.xml EX-101.LAB 8 fsst3-20121029_lab.xml Prospectus: Risk/Return: Document Type Document Period End Date Registrant Name Central Index Key Amendment Flag Amendment Description Trading Symbol Document Creation Date Document Effective Date Prospectus Date Document [Axis] Prospectus Class K. Class K [Member] K Performance Measure [Axis] Before Taxes After Taxes on Distributions and Sales Return After Taxes on Distributions and Sale of Fund Shares After Taxes on Distributions Return After Taxes on Distributions Series [Axis] Series S000017691 [Member] Fidelity Export and Multinational Fund Fidelity Export and Multinational Fund Member Share Class [Axis] Share Classes C000064282 [Member] Class K Class K,Fidelity Export and Multinational Fund Member C000048887 [Member] Class: Fidelity Export and Multinational Fund Fidelity Export and Multinational Fund,Fidelity Export and Multinational Fund Member Risk/Return [Heading] Objective [Heading] Objective, Primary [Text Block] Objective, Secondary [Text Block] Expense [Heading] Expense Narrative [Text Block] Shareholder Fees Caption [Text] Shareholder Fees [Table] Operating Expenses Caption [Text] Annual Fund Operating Expenses [Table] Expense Footnotes [Text Block] Expenses Deferred Charges [Text Block] Expenses Range of Exchange Fees [Text Block] Expense Example [Heading] Expense Example by Year [Heading] Expense Example Narrative [Text Block] Expense Example by, Year, Caption [Text] Expense Example, With Redemption [Table] Expense Example, No Redemption Narrative [Text Block] Expense Example, No Redemption, By Year, Caption [Text] Expense Example, No Redemption [Table] Expense Example Footnotes [Text Block] Expense Example Closing [Text Block] Portfolio Turnover [Heading] Portfolio Turnover [Text Block] Strategy [Heading] Strategy Narrative [Text Block] Risk [Heading] Risk Narrative [Text Block] Risk Footnotes [Text Block] Risk Closing [Text Block] Bar Chart and Performance Table [Heading] Performance Narrative [Text Block] Bar Chart Narrative [Text Block] Bar Chart [Heading] Bar Chart [Table] Bar Chart Footnotes [Text Block] Bar Chart Closing [Text Block] Performance Table Heading Performance Table Narrative Performance [Table] Market Index Performance [Table] Performance Table Footnotes Performance Table Closing [Text Block] Shareholder Fees: Redemption fee on shares held less than 30 days (as a % of amount redeemed) Redemption Fee (as a percentage of Amount Redeemed) Shareholder Fees Column [Text] Maximum Cumulative Sales Charge (as a percentage of Offering Price) Maximum Cumulative Sales Charge (as a percentage) Maximum Sales Charge Imposed on Purchases (as a percentage of Offering Price) Maximum Deferred Sales Charge (as a percentage of Offering Price) Maximum Deferred Sales Charge (as a percentage) Maximum Sales Charge on Reinvested Dividends and Distributions (as a percentage) Redemption Fee Redemption Fee Exchange Fee (as a percentage of Amount Redeemed) Exchange Fee Maximum Account Fee (as a percentage of Assets) Maximum Account Fee Shareholder Fee, Other Operating Expenses: Management fee Management Fees (as a percentage of Assets) Distribution and/or Service (12b-1) fees Distribution and Service (12b-1) Fees Other Expenses Other Expenses (as a percentage of Assets): Other expenses Total annual operating expenses Expenses (as a percentage of Assets) Total annual operating expenses Operating Expenses Column [Text] Distribution or Similar (Non 12b-1) Fees Component1 Other Expenses Component2 Other Expenses Component3 Other Expenses Acquired Fund Fees and Expenses Fee Waiver or Reimbursement Fee Waiver or Reimbursement Net Expenses (as a percentage of Assets) Net Expenses Expense Example: 1 year Expense Example, with Redemption, 1 Year 3 years Expense Example, with Redemption, 3 Years 5 years Expense Example, with Redemption, 5 Years 10 years Expense Example, with Redemption, 10 Years Expense Example, By Year, Column [Text] Column Expense Example, No Redemption: Expense Example, No Redemption, By Year, Column [Text] Column Expense Example, No Redemption, 1 Year 1 Year Expense Example, No Redemption, 3 Years 3 Years Expense Example, No Redemption, 5 Years 5 Years Expense Example, No Redemption, 10 Years 10 Years Bar Chart Table: 2009 Annual Return 2009 2010 Annual Return 2010 2011 Annual Return 2011 Annual Return Caption [Text] Caption Annual Return, Column [Text] Column Annual Return, Inception Date Inception Date Annual Return 1990 Annual Return 1991 Annual Return 1992 Annual Return 1993 Annual Return 1994 Annual Return 1995 Annual Return 1996 Annual Return 1997 Annual Return 1998 Annual Return 1999 Annual Return 2000 Annual Return 2001 Annual Return 2002 2002 Annual Return 2003 2003 Annual Return 2004 2004 Annual Return 2005 2005 Annual Return 2006 2006 Annual Return 2007 2007 Annual Return 2008 2008 Annual Return 2012 Annual Return 2013 Annual Return 2014 Annual Return 2015 Annual Return 2016 Annual Return 2017 Annual Return 2018 Annual Return 2019 Annual Return 2020 Before Taxes Before Taxes [Member] Return Before Taxes S&P 500 Index. Sandp Five Hundred [Member] S&P 500 Index (reflects no deduction for fees, expenses, or taxes) Average Annual Return: Past 1 year 1 Year Past 1 year Life of class Since Inception Inception Date Inception Date 5 Years Past 5 year Past 5 years 10 Years Past 10 year Past 10 years Risk/Return Detail [Table] Fee Waiver or Reimbursement over Assets, Date of Termination Portfolio Turnover, Rate Expense Breakpoint Discounts [Text] Expense Breakpoint, Minimum Investment Required [Amount] Expense Exchange Traded Fund Commissions [Text] Expenses Represent Both Master and Feeder [Text] Expenses Explanation of Nonrecurring Account Fee [Text] Other Expenses, New Fund, Based on Estimates [Text] Acquired Fund Fees and Expenses, Based on Estimates [Text] Expenses Other Expenses Had Extraordinary Expenses Been Included [Text] Expenses Restated to Reflect Current [Text] Expenses Not Correlated to Ratio Due to Acquired Fund Fees [Text] Strategy Portfolio Concentration [Text]

Exhibit

Exhibit No.