0000819118 2011-05-05 2012-05-04 0000819118 fcst1:S000006023Member fcst1:InvestorClassAdvantageClassMember 2011-05-05 2012-05-04 0000819118 fcst1:S000006026Member fcst1:InvestorClassAdvantageClassMember 2011-05-05 2012-05-04 0000819118 fcst1:S000006026Member fcst1:InstitutionalClassAdvantageInstitutionalClassMember 2011-05-05 2012-05-04 0000819118 fcst1:S000006027Member fcst1:InstitutionalClassAdvantageInstitutionalClassMember 2011-05-05 2012-05-04 0000819118 fcst1:S000006027Member fcst1:InvestorClassAdvantageClassMember 2011-05-05 2012-05-04 0000819118 fcst1:S000006021Member fcst1:InvestorClassAdvantageClassMember 2011-05-05 2012-05-04 0000819118 fcst1:S000006021Member fcst1:InstitutionalClassAdvantageInstitutionalClassMember 2011-05-05 2012-05-04 0000819118 fcst1:S000006023Member fcst1:InstitutionalClassAdvantageInstitutionalClassMember 2011-05-05 2012-05-04 Other 2012-02-29 FIDELITY CONCORD STREET TRUST 0000819118 false 2012-12-11 2012-12-11 2012-12-11 <h2>Supplement to the <br/>Spartan^&#174; Extended Market Index Fund,<br/>Spartan International Index&nbsp;Fund, <br/>and Spartan Total Market&nbsp;Index Fund<br/>Investor Class and Fidelity Advantage^&#174; Class<br/>May 4, 2012<br/>Prospectus</h2> <div align="left">Effective January 1, 2013, the following information replaces the information under "Shareholder fees" for Spartan Extended Market Index Fund under the heading "Fee Table" in the "Fund Summary" section on page 3. </div><br/><table width="95%" border=""> <tr> <td align="left" valign="bottom" colspan="4"> <div align="left"><b>Shareholder fees<br/> <font size="-2">(fees paid directly from your investment)</font></b> </div> </td> </tr> <tr> <td align="left" valign="top"> <div align="left"><font size="-1">&nbsp;</font> </div> </td> <td align="center" valign="bottom"> <h5 align="center"><b>Investor<br/>Class</b></h5> </td> <td align="center" valign="top"> <h5 align="center">&nbsp;</h5> </td> <td align="center" valign="top"> <h5 align="center"><b>Fidelity<br/>Advantage^&#174;<br/>Class</b></h5> </td> </tr> <tr> <td align="left" valign="bottom"> <div align="left"><font size="-1">Redemption fee on shares held less than 90 days (as a % of amount redeemed)</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><font size="-1">0.75%</font> </div> </td> <td align="right" valign="bottom"> <div align="right"><font size="-1">&nbsp;</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><font size="-1">0.75%</font> </div> </td> </tr> </table><br/><div align="left">Effective January 1, 2013, the following information replaces the information under "Shareholder fees" for Spartan International Index Fund under the heading "Fee Table" in the "Fund Summary" section on page 6. </div><br/><table width="95%" border=""><tr> <td align="left" valign="bottom" colspan="3"> <div align="left"><b>Shareholder fees<br/> <font size="-2">(fees paid directly from your investment)</font></b> </div> </td> <td align="center" valign="bottom"> <div align="right"><font size="-1">&nbsp;</font> </div> </td> </tr> <tr> <td align="left" valign="top"> <div align="left"><font size="-1">&nbsp;</font> </div> </td> <td align="center" valign="bottom"> <h5 align="center">Investor<br/> Class</h5> </td> <td align="center" valign="top"> <h5 align="center">&nbsp;</h5> </td> <td align="center" valign="top"> <h5 align="center">Fidelity<br/> Advantage^&#174;<br/>Class</h5> </td> </tr> <tr> <td align="left" valign="bottom"> <div align="left"><font size="-1">Redemption fee on shares held less than 90 days (as a % of amount redeemed)</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><font size="-1">1.00%</font> </div> </td> <td align="right" valign="bottom"> <div align="right"><font size="-1">&nbsp;</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><font size="-1">1.00%</font> </div> </td> </tr></table><br/><div align="left">Effective January 1, 2013, the following information replaces the similar information found under the heading "Fee Table" in the "Fund Summary" section for Spartan Total Market Index Fund on page 9. </div><br/><table width="95%" border=""> <tr> <td align="left" valign="bottom" colspan="4"> <div align="left"><b>Shareholder fees<br/> <font size="-2">(fees paid directly from your investment)</font></b> </div> </td> </tr> <tr> <td align="left" valign="top"> <div align="left"><font size="-1">&nbsp;</font> </div> </td> <td align="center" valign="bottom"> <h5 align="center">Investor<br/> Class</h5> </td> <td align="center" valign="top"> <h5 align="center">&nbsp;</h5> </td> <td align="center" valign="top"> <h5 align="center">Fidelity<br/> Advantage^&#174;<br/> Class</h5> </td> </tr> <tr> <td align="left" valign="bottom"> <div align="left"><font size="-1">Redemption fee on shares held less than 90 days (as a % of amount redeemed)</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><font size="-1">0.50%</font> </div> </td> <td align="right" valign="bottom"> <div align="right"><font size="-1">&nbsp;</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><font size="-1">0.50%</font> </div> </td> </tr> </table><br/> <div align="left"><b><a name="ref11373"></a>Annual class operating expenses<br/> <font size="-2">(expenses that you pay each year as a % of the value of your investment)</font></b> </div><br/><table width="95%" border=""> <tr> <td align="left" valign="bottom"> <div align="left"><font size="-1">&nbsp;</font> </div> </td> <td align="center" valign="bottom"> <h5 align="center">Investor<br/> Class</h5> </td> <td align="center" valign="bottom"> <h5 align="center">&nbsp;</h5> </td> <td align="center" valign="bottom"> <h5 align="center">Fidelity<br/> Advantage<br/> Class</h5> </td> </tr> <tr> <td align="left" valign="bottom"> <div align="left"><font size="-1">Management fee ^A</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><font size="-1">0.045%</font> </div> </td> <td align="center" valign="bottom"> <div align="center"><font size="-2">&nbsp;</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><font size="-1">0.045%</font> </div> </td> </tr> <tr> <td align="left" valign="bottom"> <div align="left"><font size="-1">Distribution and/or Service (12b-1) fees</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><font size="-1">None</font> </div> </td> <td align="center" valign="bottom"> <div align="center"><font size="-2">&nbsp;</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><font size="-1">None</font> </div> </td> </tr> <tr> <td align="left" valign="bottom"> <div align="left"><font size="-1">Other expenses</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><u><font size="-1"><u>0.055%</u></font></u> </div> </td> <td align="center" valign="bottom"> <div align="center"><font size="-2">&nbsp;</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><u><font size="-1"><u>0.025%</u></font></u> </div> </td> </tr> <tr> <td align="left" valign="bottom"> <div align="left"><b><font size="-1">Total annual operating expenses</font></b> </div> </td> <td align="center" valign="bottom"> <div align="right"><font size="-1">0.10%</font> </div> </td> <td align="center" valign="bottom"> <div align="center"><font size="-2">&nbsp;</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><font size="-1">0.07%</font> </div> </td> </tr> <tr> <td align="left" valign="bottom"> <div align="left"><font size="-1">Fee waiver and/or expense reimbursement ^B</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><u><font size="-1"><u>&nbsp;</u></font></u> </div> </td> <td align="center" valign="bottom"> <div align="center"><font size="-2">&nbsp;</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><u><font size="-1"><u>0.01%</u></font></u> </div> </td> </tr> <tr> <td align="left" valign="bottom"> <div align="left"><b><font size="-1">Total annual operating expenses after fee waiver and/or expense reimbursement</font></b> </div> </td> <td align="center" valign="bottom"> <div align="right"><font size="-1">&nbsp;</font> </div> </td> <td align="center" valign="bottom"> <div align="center"><font size="-2">&nbsp;</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><font size="-1">0.06%</font> </div> </td> </tr> </table><br/><div align="left"><font size="-1">^A<i>Based on historical expenses, adjusted to reflect current fees.</i></font> </div><br/> <div align="left"><font size="-1">^B<i>Fidelity Management &amp; Research Company (FMR) has contractually agreed to reimburse Fidelity Advantage</i>^&#174;<i> Class of the fund to the extent that total operating expenses (excluding interest, taxes, certain securities lending costs, brokerage commissions, extraordinary expenses, and acquired fund fees and expenses, if any</i>)<i>, as a percentage of average net assets, exceed 0.06%. This arrangement</i> <i>will remain in effect through April 30, 2014. FMR may not terminate this arrangement before the expiration date without the approval of the Board of Trustees.</i></font> </div><br/> <div align="left">Effective January 1, 2013, the following information replaces the similar information found under the heading "Fee Table" in the "Fund Summary" section for Spartan Total Market Index Fund on page 9. </div><br/> <table width="95%" border=""> <tr> <td align="center" valign="bottom"> <h5 align="center">&nbsp;</h5> </td> <td align="center" valign="bottom"> <h5 align="center">Investor<br/> Class</h5> </td> <td align="left" valign="bottom"> <div align="right"><font size="-1">&nbsp;</font> </div> </td> <td align="center" valign="bottom"> <h5 align="center">Fidelity<br/> Advantage<br/> Class</h5> </td> </tr> <tr> <td align="left" valign="bottom"> <div align="left"><font size="-1">1 year</font> </div> </td> <td align="left" valign="bottom"> <div align="right"><font size="-1">$ 10</font> </div> </td> <td align="left" valign="bottom"> <div align="right"><font size="-1">&nbsp;</font> </div> </td> <td align="left" valign="bottom"> <div align="right"><font size="-1">$ 6</font> </div> </td> </tr> <tr> <td align="left" valign="bottom"> <div align="left"><font size="-1">3 years</font> </div> </td> <td align="left" valign="bottom"> <div align="right"><font size="-1">$ 32</font> </div> </td> <td align="left" valign="bottom"> <div align="right"><font size="-1">&nbsp;</font> </div> </td> <td align="left" valign="bottom"> <div align="right"><font size="-1">$ 21</font> </div> </td> </tr> <tr> <td align="left" valign="bottom"> <div align="left"><font size="-1">5 years</font> </div> </td> <td align="left" valign="bottom"> <div align="right"><font size="-1">$ 56</font> </div> </td> <td align="left" valign="bottom"> <div align="right"><font size="-1">&nbsp;</font> </div> </td> <td align="left" valign="bottom"> <div align="right"><font size="-1">$ 38</font> </div> </td> </tr> <tr> <td align="left" valign="bottom"> <div align="left"><font size="-1">10 years</font> </div> </td> <td align="left" valign="bottom"> <div align="right"><font size="-1">$ 128</font> </div> </td> <td align="left" valign="bottom"> <div align="right"><font size="-1">&nbsp;</font> </div> </td> <td align="left" valign="bottom"> <div align="right"><font size="-1">$ 89</font> </div> </td> </tr> </table> <h2>Supplement to the <br/>Spartan^&#174; Extended Market Index Fund,<br/>Spartan International Index&nbsp;Fund, <br/>and Spartan Total Market&nbsp;Index Fund<br/>Investor Class and Fidelity Advantage^&#174; Class<br/>May 4, 2012<br/>Prospectus</h2> <div align="left">Effective January 1, 2013, the following information replaces the information under "Shareholder fees" for Spartan Extended Market Index Fund under the heading "Fee Table" in the "Fund Summary" section on page 3. </div><br/><table width="95%" border=""> <tr> <td align="left" valign="bottom" colspan="4"> <div align="left"><b>Shareholder fees<br/> <font size="-2">(fees paid directly from your investment)</font></b> </div> </td> </tr> <tr> <td align="left" valign="top"> <div align="left"><font size="-1">&nbsp;</font> </div> </td> <td align="center" valign="bottom"> <h5 align="center"><b>Investor<br/>Class</b></h5> </td> <td align="center" valign="top"> <h5 align="center">&nbsp;</h5> </td> <td align="center" valign="top"> <h5 align="center"><b>Fidelity<br/>Advantage^&#174;<br/>Class</b></h5> </td> </tr> <tr> <td align="left" valign="bottom"> <div align="left"><font size="-1">Redemption fee on shares held less than 90 days (as a % of amount redeemed)</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><font size="-1">0.75%</font> </div> </td> <td align="right" valign="bottom"> <div align="right"><font size="-1">&nbsp;</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><font size="-1">0.75%</font> </div> </td> </tr> </table><br/><div align="left">Effective January 1, 2013, the following information replaces the information under "Shareholder fees" for Spartan International Index Fund under the heading "Fee Table" in the "Fund Summary" section on page 6. </div><br/><table width="95%" border=""><tr> <td align="left" valign="bottom" colspan="3"> <div align="left"><b>Shareholder fees<br/> <font size="-2">(fees paid directly from your investment)</font></b> </div> </td> <td align="center" valign="bottom"> <div align="right"><font size="-1">&nbsp;</font> </div> </td> </tr> <tr> <td align="left" valign="top"> <div align="left"><font size="-1">&nbsp;</font> </div> </td> <td align="center" valign="bottom"> <h5 align="center">Investor<br/> Class</h5> </td> <td align="center" valign="top"> <h5 align="center">&nbsp;</h5> </td> <td align="center" valign="top"> <h5 align="center">Fidelity<br/> Advantage^&#174;<br/>Class</h5> </td> </tr> <tr> <td align="left" valign="bottom"> <div align="left"><font size="-1">Redemption fee on shares held less than 90 days (as a % of amount redeemed)</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><font size="-1">1.00%</font> </div> </td> <td align="right" valign="bottom"> <div align="right"><font size="-1">&nbsp;</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><font size="-1">1.00%</font> </div> </td> </tr></table><br/><div align="left">Effective January 1, 2013, the following information replaces the similar information found under the heading "Fee Table" in the "Fund Summary" section for Spartan Total Market Index Fund on page 9. </div><br/><table width="95%" border=""> <tr> <td align="left" valign="bottom" colspan="4"> <div align="left"><b>Shareholder fees<br/> <font size="-2">(fees paid directly from your investment)</font></b> </div> </td> </tr> <tr> <td align="left" valign="top"> <div align="left"><font size="-1">&nbsp;</font> </div> </td> <td align="center" valign="bottom"> <h5 align="center">Investor<br/> Class</h5> </td> <td align="center" valign="top"> <h5 align="center">&nbsp;</h5> </td> <td align="center" valign="top"> <h5 align="center">Fidelity<br/> Advantage^&#174;<br/> Class</h5> </td> </tr> <tr> <td align="left" valign="bottom"> <div align="left"><font size="-1">Redemption fee on shares held less than 90 days (as a % of amount redeemed)</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><font size="-1">0.50%</font> </div> </td> <td align="right" valign="bottom"> <div align="right"><font size="-1">&nbsp;</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><font size="-1">0.50%</font> </div> </td> </tr> </table><br/> <div align="left"><b><a name="ref11373"></a>Annual class operating expenses<br/> <font size="-2">(expenses that you pay each year as a % of the value of your investment)</font></b> </div><br/><table width="95%" border=""> <tr> <td align="left" valign="bottom"> <div align="left"><font size="-1">&nbsp;</font> </div> </td> <td align="center" valign="bottom"> <h5 align="center">Investor<br/> Class</h5> </td> <td align="center" valign="bottom"> <h5 align="center">&nbsp;</h5> </td> <td align="center" valign="bottom"> <h5 align="center">Fidelity<br/> Advantage<br/> Class</h5> </td> </tr> <tr> <td align="left" valign="bottom"> <div align="left"><font size="-1">Management fee ^A</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><font size="-1">0.045%</font> </div> </td> <td align="center" valign="bottom"> <div align="center"><font size="-2">&nbsp;</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><font size="-1">0.045%</font> </div> </td> </tr> <tr> <td align="left" valign="bottom"> <div align="left"><font size="-1">Distribution and/or Service (12b-1) fees</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><font size="-1">None</font> </div> </td> <td align="center" valign="bottom"> <div align="center"><font size="-2">&nbsp;</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><font size="-1">None</font> </div> </td> </tr> <tr> <td align="left" valign="bottom"> <div align="left"><font size="-1">Other expenses</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><u><font size="-1"><u>0.055%</u></font></u> </div> </td> <td align="center" valign="bottom"> <div align="center"><font size="-2">&nbsp;</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><u><font size="-1"><u>0.025%</u></font></u> </div> </td> </tr> <tr> <td align="left" valign="bottom"> <div align="left"><b><font size="-1">Total annual operating expenses</font></b> </div> </td> <td align="center" valign="bottom"> <div align="right"><font size="-1">0.10%</font> </div> </td> <td align="center" valign="bottom"> <div align="center"><font size="-2">&nbsp;</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><font size="-1">0.07%</font> </div> </td> </tr> <tr> <td align="left" valign="bottom"> <div align="left"><font size="-1">Fee waiver and/or expense reimbursement ^B</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><u><font size="-1"><u>&nbsp;</u></font></u> </div> </td> <td align="center" valign="bottom"> <div align="center"><font size="-2">&nbsp;</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><u><font size="-1"><u>0.01%</u></font></u> </div> </td> </tr> <tr> <td align="left" valign="bottom"> <div align="left"><b><font size="-1">Total annual operating expenses after fee waiver and/or expense reimbursement</font></b> </div> </td> <td align="center" valign="bottom"> <div align="right"><font size="-1">&nbsp;</font> </div> </td> <td align="center" valign="bottom"> <div align="center"><font size="-2">&nbsp;</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><font size="-1">0.06%</font> </div> </td> </tr> </table><br/><div align="left"><font size="-1">^A<i>Based on historical expenses, adjusted to reflect current fees.</i></font> </div><br/> <div align="left"><font size="-1">^B<i>Fidelity Management &amp; Research Company (FMR) has contractually agreed to reimburse Fidelity Advantage</i>^&#174;<i> Class of the fund to the extent that total operating expenses (excluding interest, taxes, certain securities lending costs, brokerage commissions, extraordinary expenses, and acquired fund fees and expenses, if any</i>)<i>, as a percentage of average net assets, exceed 0.06%. This arrangement</i> <i>will remain in effect through April 30, 2014. FMR may not terminate this arrangement before the expiration date without the approval of the Board of Trustees.</i></font> </div><br/> <div align="left">Effective January 1, 2013, the following information replaces the similar information found under the heading "Fee Table" in the "Fund Summary" section for Spartan Total Market Index Fund on page 9. </div><br/> <table width="95%" border=""> <tr> <td align="center" valign="bottom"> <h5 align="center">&nbsp;</h5> </td> <td align="center" valign="bottom"> <h5 align="center">Investor<br/> Class</h5> </td> <td align="left" valign="bottom"> <div align="right"><font size="-1">&nbsp;</font> </div> </td> <td align="center" valign="bottom"> <h5 align="center">Fidelity<br/> Advantage<br/> Class</h5> </td> </tr> <tr> <td align="left" valign="bottom"> <div align="left"><font size="-1">1 year</font> </div> </td> <td align="left" valign="bottom"> <div align="right"><font size="-1">$ 10</font> </div> </td> <td align="left" valign="bottom"> <div align="right"><font size="-1">&nbsp;</font> </div> </td> <td align="left" valign="bottom"> <div align="right"><font size="-1">$ 6</font> </div> </td> </tr> <tr> <td align="left" valign="bottom"> <div align="left"><font size="-1">3 years</font> </div> </td> <td align="left" valign="bottom"> <div align="right"><font size="-1">$ 32</font> </div> </td> <td align="left" valign="bottom"> <div align="right"><font size="-1">&nbsp;</font> </div> </td> <td align="left" valign="bottom"> <div align="right"><font size="-1">$ 21</font> </div> </td> </tr> <tr> <td align="left" valign="bottom"> <div align="left"><font size="-1">5 years</font> </div> </td> <td align="left" valign="bottom"> <div align="right"><font size="-1">$ 56</font> </div> </td> <td align="left" valign="bottom"> <div align="right"><font size="-1">&nbsp;</font> </div> </td> <td align="left" valign="bottom"> <div align="right"><font size="-1">$ 38</font> </div> </td> </tr> <tr> <td align="left" valign="bottom"> <div align="left"><font size="-1">10 years</font> </div> </td> <td align="left" valign="bottom"> <div align="right"><font size="-1">$ 128</font> </div> </td> <td align="left" valign="bottom"> <div align="right"><font size="-1">&nbsp;</font> </div> </td> <td align="left" valign="bottom"> <div align="right"><font size="-1">$ 89</font> </div> </td> </tr> </table> <h2>Supplement to the <br/>Spartan^&#174; Extended Market Index Fund,<br/>Spartan International Index&nbsp;Fund, <br/>and Spartan Total Market&nbsp;Index Fund<br/>Institutional Class and Fidelity Advantage^&#174; Institutional Class<br/>May 4, 2012<br/>Prospectus</h2><div align="left">Effective January 1, 2013, the following information replaces similar information found under the heading "Fee Table" in the "Fund Summary" section for Spartan Total Market Index Fund on page 9. </div><br/> <div align="left"><b><a name="ref11371"></a>Annual class operating expenses<br/> <font size="-2">(expenses that you pay each year as a % of the value of your investment)</font></b> </div><br/> <table width="95%" border=""> <tr> <td align="left" valign="bottom"> <div align="left"><font size="-1">&nbsp;</font> </div> </td> <td align="center" valign="bottom"> <h5 align="center">Institutional<br/> Class</h5> </td> <td align="center" valign="bottom"> <h5 align="center">&nbsp;</h5> </td> <td align="center" valign="bottom"> <h5 align="center">Fidelity<br/> Advantage<br/> Institutional<br/> Class</h5> </td> </tr> <tr> <td align="left" valign="bottom"> <div align="left"><font size="-1">Management fee ^A</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><font size="-1">0.045%</font> </div> </td> <td align="center" valign="bottom"> <div align="center"><font size="-2">&nbsp;</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><font size="-1">0.045%</font> </div> </td> </tr> <tr> <td align="left" valign="bottom"> <div align="left"><font size="-1">Distribution and/or Service (12b-1) fees</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><font size="-1">None</font> </div> </td> <td align="center" valign="bottom"> <div align="center"><font size="-2">&nbsp;</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><font size="-1">None</font> </div> </td> </tr> <tr> <td align="left" valign="bottom"> <div align="left"><font size="-1">Other expenses</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><u><font size="-1"><u>0.025%</u></font></u> </div> </td> <td align="center" valign="bottom"> <div align="center"><font size="-2">&nbsp;</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><u><font size="-1"><u>0.015%</u></font></u> </div> </td> </tr> <tr> <td align="left" valign="bottom"> <div align="left"><b><font size="-1">Total annual operating expenses</font></b> </div> </td> <td align="center" valign="bottom"> <div align="right"><font size="-1">0.07%</font> </div> </td> <td align="center" valign="bottom"> <div align="center"><font size="-2">&nbsp;</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><font size="-1">0.06%</font> </div> </td> </tr> <tr> <td align="left" valign="bottom"> <div align="left"><font size="-1">Fee waiver and/or expense reimbursement ^B</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><u><font size="-1"><u>0.02%</u></font></u> </div> </td> <td align="center" valign="bottom"> <div align="center"><font size="-2">&nbsp;</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><u><font size="-1"><u>0.015%</u></font></u> </div> </td> </tr> <tr> <td align="left" valign="bottom"> <div align="left"><b><font size="-1">Total annual operating expenses after fee waiver and/or expense reimbursement</font></b> </div> </td> <td align="center" valign="bottom"> <div align="right"><font size="-1">0.05%</font> </div> </td> <td align="center" valign="bottom"> <div align="center"><font size="-2">&nbsp;</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><font size="-1">0.045%</font> </div> </td> </tr> </table><br/> <div align="left"><font size="-1">^A<i>Based on historical expenses, adjusted to reflect current fees.</i></font> </div><br/> <div align="left"><font size="-1">^B<i>Fidelity Management &amp; Research Company (FMR) has contractually agreed to reimburse Institutional Class and Fidelity Advantage</i>^&#174;<i> Institutional Class of the fund to the extent that each class's total operating expenses (excluding interest, taxes, certain securities lending costs, brokerage commissions, extraordinary expenses, and acquired fund fees and expenses, if any</i>)<i>, as a percentage of their respective average net assets, exceed 0.05% and 0.045%. These arrangements</i> <i>will remain in effect through April 30, 2014. FMR may not terminate these arrangements before the expiration date without the approval of the Board of Trustees.</i></font> </div><br/> <div align="left">Effective January 1, 2013, the following information replaces similar information found under the heading "Fee Table" in the "Fund Summary" section for Spartan Total Market Index Fund on page 9. </div><br/> <table width="95%" border=""> <tr> <td align="center" valign="bottom"> <h5 align="center">&nbsp;</h5> </td> <td align="center" valign="bottom"> <h5 align="center">Institutional<br/> Class</h5> </td> <td align="left" valign="bottom"> <div align="right"><font size="-1">&nbsp;</font> </div> </td> <td align="center" valign="bottom"> <h5 align="center">Fidelity<br/> Advantage<br/> Institutional<br/> Class</h5> </td> </tr> <tr> <td align="left" valign="bottom"> <div align="left"><font size="-1">1 year</font> </div> </td> <td align="left" valign="bottom"> <div align="right"><font size="-1">$ 5</font> </div> </td> <td align="left" valign="bottom"> <div align="right"><font size="-1">&nbsp;</font> </div> </td> <td align="left" valign="bottom"> <div align="right"><font size="-1">$ 5</font> </div> </td> </tr> <tr> <td align="left" valign="bottom"> <div align="left"><font size="-1">3 years</font> </div> </td> <td align="left" valign="bottom"> <div align="right"><font size="-1">$ 20</font> </div> </td> <td align="left" valign="bottom"> <div align="right"><font size="-1">&nbsp;</font> </div> </td> <td align="left" valign="bottom"> <div align="right"><font size="-1">$ 17</font> </div> </td> </tr> <tr> <td align="left" valign="bottom"> <div align="left"><font size="-1">5 years</font> </div> </td> <td align="left" valign="bottom"> <div align="right"><font size="-1">$ 37</font> </div> </td> <td align="left" valign="bottom"> <div align="right"><font size="-1">&nbsp;</font> </div> </td> <td align="left" valign="bottom"> <div align="right"><font size="-1">$ 32</font> </div> </td> </tr> <tr> <td align="left" valign="bottom"> <div align="left"><font size="-1">10 years</font> </div> </td> <td align="left" valign="bottom"> <div align="right"><font size="-1">$ 87</font> </div> </td> <td align="left" valign="bottom"> <div align="right"><font size="-1">&nbsp;</font> </div> </td> <td align="left" valign="bottom"> <div align="right"><font size="-1">$ 75</font> </div> </td> </tr> </table> <h2 align="left">Supplement to the<br/> Spartan^&#174; 500 Index&nbsp;Fund<br/> Institutional Class and Fidelity Advantage^&#174; Institutional Class<br/> April 28, 2012<br/> Prospectus</h2> <div align="left">Effective January 1, 2013, the following information replaces the similar information under the heading "Fee Table" in the "Fund Summary" section on page 3. </div><br/> <div align="left"><b>Annual class operating expenses<br/> <font size="-2">(expenses that you pay each year as a % of the value of your investment)</font></b> </div><br/><table width="95%" border=""> <tr> <td align="left" valign="bottom"> <div align="left"><font size="-1">&nbsp;</font> </div> </td> <td align="center" valign="bottom"> <h5 align="center">Institutional<br/> Class</h5> </td> <td align="center" valign="bottom"> <div align="center"><font size="-2">&nbsp;</font> </div> </td> <td align="center" valign="bottom"> <h5 align="center">Fidelity<br/> Advantage^&#174;<br/> Institutional<br/> Class</h5> </td> </tr> <tr> <td align="left" valign="bottom"> <div align="left"><font size="-1">Management fee</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><font size="-1">0.025%</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><font size="-1">&nbsp;</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><font size="-1">0.025%</font> </div> </td> </tr> <tr> <td align="left" valign="bottom"> <div align="left"><font size="-1">Distribution and/or Service (12b-1) fees</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><font size="-1">None</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><font size="-1">&nbsp;</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><font size="-1">None</font> </div> </td> </tr> <tr> <td align="left" valign="bottom"> <div align="left"><font size="-1">Other expenses</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><u><font size="-1"><u>0.025%</u></font></u> </div> </td> <td align="center" valign="bottom"> <div align="right"><u><font size="-1"><u>&nbsp;</u></font></u> </div> </td> <td align="center" valign="bottom"> <div align="right"><u><font size="-1"><u>0.000%</u></font></u> </div> </td> </tr> <tr> <td align="left" valign="bottom"> <div align="left"><b><font size="-1">Total annual operating expenses</font></b> </div> </td> <td align="center" valign="bottom"> <div align="right"><font size="-1">0.050%</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><font size="-1">&nbsp;</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><font size="-1">0.025%</font> </div> </td> </tr> <tr> <td align="left" valign="bottom"> <div align="left"><font size="-1">Fee waiver and/or expense reimbursement^A</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><u><font size="-1"><u>0.010%</u></font></u> </div> </td> <td align="center" valign="bottom"> <div align="right"><u><font size="-1"><u>&nbsp;</u></font></u> </div> </td> <td align="center" valign="bottom"> <div align="right"><u><font size="-1"><u>0.005%</u></font></u> </div> </td> </tr> <tr> <td align="left" valign="bottom"> <div align="left"><b><font size="-1">Total annual operating expenses after fee waiver and/or expense reimbursement</font></b> </div> </td> <td align="center" valign="bottom"> <div align="right"><font size="-1">0.040%</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><font size="-1">&nbsp;</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><font size="-1">0.020%</font> </div> </td> </tr> </table><br/> <div align="left"><font size="-1">^A<i>Fidelity Management &amp; Research Company (FMR) has contractually agreed to reimburse Institutional Class and Fidelity Advantage Institutional Class of the fund to the extent that total operating expenses (excluding interest, taxes, certain securities lending costs, brokerage commissions, extraordinary expenses, and acquired fund fees and expenses, if any), as a percentage of their respective average net assets, exceed 0.04% and 0.02%, respectively. These arrangements will remain in effect through April 30, 2014. FMR may not terminate these arrangements before the expiration date without the approval of the Board of Trustees.</i></font> </div><br/><div align="left">Effective January 1, 2013, the following information replaces the similar information under the heading "Fee Table" in the "Fund Summary" section on page 4. </div><br/><table width="95%" border=""> <tr> <td align="center" valign="top"> <h5 align="center">&nbsp;</h5> </td> <td align="center" valign="bottom"> <h5 align="center">Institutional<br/> Class</h5> </td> <td align="center" valign="top"> <h5 align="center">&nbsp;</h5> </td> <td align="center" valign="top"> <h5 align="center">Fidelity<br/> Advantage<br/> Institutional<br/> Class</h5> </td> </tr> <tr> <td align="left" valign="top"> <div align="left"><font size="-1">1 year</font> </div> </td> <td align="left" valign="top"> <div align="right"><font size="-1">$ 4</font> </div> </td> <td align="left" valign="top"> <div align="right"><font size="-1">&nbsp;</font> </div> </td> <td align="left" valign="top"> <div align="right"><font size="-1">$ 2</font> </div> </td> </tr> <tr> <td align="left" valign="top"> <div align="left"><font size="-1">3 years</font> </div> </td> <td align="left" valign="top"> <div align="right"><font size="-1">$ 15</font> </div> </td> <td align="left" valign="top"> <div align="right"><font size="-1">&nbsp;</font> </div> </td> <td align="left" valign="top"> <div align="right"><font size="-1">$ 7</font> </div> </td> </tr> <tr> <td align="left" valign="top"> <div align="left"><font size="-1">5 years</font> </div> </td> <td align="left" valign="top"> <div align="right"><font size="-1">$ 27</font> </div> </td> <td align="left" valign="top"> <div align="right"><font size="-1">&nbsp;</font> </div> </td> <td align="left" valign="top"> <div align="right"><font size="-1">$ 13</font> </div> </td> </tr> <tr> <td align="left" valign="top"> <div align="left"><font size="-1">10 years</font> </div> </td> <td align="left" valign="top"> <div align="right"><font size="-1">$ 63</font> </div> </td> <td align="left" valign="top"> <div align="right"><font size="-1">&nbsp;</font> </div> </td> <td align="left" valign="top"> <div align="right"><font size="-1">$ 31</font> </div> </td> </tr> </table> <h2 align="left">Supplement to the<br/> Spartan^&#174; 500 Index&nbsp;Fund<br/> Investor Class and Fidelity Advantage^&#174; Class<br/> April 28, 2012<br/> Prospectus</h2> <div align="left">Effective January 1, 2013, the following information replaces the similar information under the heading "Fee Table" in the "Fund Summary" section on page 3. </div><br/><table width="95%" border=""> <tr> <td align="left" valign="bottom" colspan="7"> <div align="left"><b>Shareholder fees<br/> <font size="-2">(fees paid directly from your investment)</font></b> </div> </td> <td align="center" valign="bottom"> <div align="right"><font size="-1">None</font> </div> </td> </tr> </table><br/><div align="left"><b>Annual class operating expenses<br/> <font size="-2">(expenses that you pay each year as a % of the value of your investment)</font></b> </div><br/><table width="95%" border=""> <tr> <td align="left" valign="bottom"> <div align="left"><font size="-1">&nbsp;</font> </div> </td> <td align="center" valign="bottom"> <h5 align="center">Investor<br/> Class</h5> </td> <td align="center" valign="bottom"> <div align="center"><font size="-2">&nbsp;</font> </div> </td> <td align="center" valign="bottom"> <h5 align="center">Fidelity<br/> Advantage<br/> Class</h5> </td> </tr> <tr> <td align="left" valign="bottom"> <div align="left"><font size="-1">Management fee</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><font size="-1">0.025%</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><font size="-1">&nbsp;</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><font size="-1">0.025%</font> </div> </td> </tr> <tr> <td align="left" valign="bottom"> <div align="left"><font size="-1">Distribution and/or Service (12b-1) fees</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><font size="-1">None</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><font size="-1">&nbsp;</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><font size="-1">None</font> </div> </td> </tr> <tr> <td align="left" valign="bottom"> <div align="left"><font size="-1">Other expenses</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><u><font size="-1"><u>0.075%</u></font></u> </div> </td> <td align="center" valign="bottom"> <div align="right"><u><font size="-1"><u>&nbsp;</u></font></u> </div> </td> <td align="center" valign="bottom"> <div align="right"><u><font size="-1"><u>0.045%</u></font></u> </div> </td> </tr> <tr> <td align="left" valign="bottom"> <div align="left"><b><font size="-1">Total annual operating expenses</font></b> </div> </td> <td align="center" valign="bottom"> <div align="right"><font size="-1">0.100%</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><font size="-1">&nbsp;</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><font size="-1">0.070%</font> </div> </td> </tr> <tr> <td align="left" valign="bottom"> <div align="left"><font size="-1">Fee waiver and/or expense reimbursement ^A</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><u><font size="-1"><u>0.005%</u></font></u> </div> </td> <td align="center" valign="bottom"> <div align="right"><u><font size="-1"><u>&nbsp;</u></font></u> </div> </td> <td align="center" valign="bottom"> <div align="right"><u><font size="-1"><u>0.020%</u></font></u> </div> </td> </tr> <tr> <td align="left" valign="bottom"> <div align="left"><b><font size="-1">Total annual operating expenses after fee waiver and/or expense reimbursement</font></b> </div> </td> <td align="center" valign="bottom"> <div align="right"><font size="-1">0.095%</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><font size="-1">&nbsp;</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><font size="-1">0.050%</font> </div> </td> </tr> </table><br/><div align="left"><font size="-1">^A<i>Fidelity Management &amp; Research Company (FMR) has contractually agreed to reimburse Investor Class and Fidelity Advantage Class of the fund to the extent that total operating expenses (excluding interest, taxes, certain securities lending costs, brokerage commissions, extraordinary expenses, and acquired fund fees and expenses, if any), as a percentage of their respective average net assets, exceed 0.095% and 0.05%, respectively. These arrangements will remain in effect through April 30, 2014. FMR may not terminate these arrangements before the expiration date without the approval of the Board of Trustees.</i></font> </div><br/><div align="left">Effective January 1, 2013, the following information replaces the similar information under the heading "Fee Table" in the "Fund Summary" section on page 4. </div><br/><table width="95%" border=""> <tr> <td align="center" valign="top"> <h5 align="center">&nbsp;</h5> </td> <td align="center" valign="bottom"> <h5 align="center">Investor<br/> Class</h5> </td> <td align="center" valign="top"> <h5 align="center">&nbsp;</h5> </td> <td align="center" valign="top"> <h5 align="center">Fidelity<br/> Advantage<br/> Class</h5> </td> </tr> <tr> <td align="left" valign="top"> <div align="left"><font size="-1">1 year</font> </div> </td> <td align="left" valign="top"> <div align="right"><font size="-1">$ 10</font> </div> </td> <td align="left" valign="top"> <div align="right"><font size="-1">&nbsp;</font> </div> </td> <td align="left" valign="top"> <div align="right"><font size="-1">$ 5</font> </div> </td> </tr> <tr> <td align="left" valign="top"> <div align="left"><font size="-1">3 years</font> </div> </td> <td align="left" valign="top"> <div align="right"><font size="-1">$ 32</font> </div> </td> <td align="left" valign="top"> <div align="right"><font size="-1">&nbsp;</font> </div> </td> <td align="left" valign="top"> <div align="right"><font size="-1">$ 20</font> </div> </td> </tr> <tr> <td align="left" valign="top"> <div align="left"><font size="-1">5 years</font> </div> </td> <td align="left" valign="top"> <div align="right"><font size="-1">$ 56</font> </div> </td> <td align="left" valign="top"> <div align="right"><font size="-1">&nbsp;</font> </div> </td> <td align="left" valign="top"> <div align="right"><font size="-1">$ 37</font> </div> </td> </tr> <tr> <td align="left" valign="top"> <div align="left"><font size="-1">10 years</font> </div> </td> <td align="left" valign="top"> <div align="right"><font size="-1">$ 128</font> </div> </td> <td align="left" valign="top"> <div align="right"><font size="-1">&nbsp;</font> </div> </td> <td align="left" valign="top"> <div align="right"><font size="-1">$ 87</font> </div> </td> </tr> </table> <h2>Supplement to the <br/>Spartan^&#174; Extended Market Index Fund,<br/>Spartan International Index&nbsp;Fund, <br/>and Spartan Total Market&nbsp;Index Fund<br/>Investor Class and Fidelity Advantage^&#174; Class<br/>May 4, 2012<br/>Prospectus</h2> <div align="left">Effective January 1, 2013, the following information replaces the information under "Shareholder fees" for Spartan Extended Market Index Fund under the heading "Fee Table" in the "Fund Summary" section on page 3. </div><br/><table width="95%" border=""> <tr> <td align="left" valign="bottom" colspan="4"> <div align="left"><b>Shareholder fees<br/> <font size="-2">(fees paid directly from your investment)</font></b> </div> </td> </tr> <tr> <td align="left" valign="top"> <div align="left"><font size="-1">&nbsp;</font> </div> </td> <td align="center" valign="bottom"> <h5 align="center"><b>Investor<br/>Class</b></h5> </td> <td align="center" valign="top"> <h5 align="center">&nbsp;</h5> </td> <td align="center" valign="top"> <h5 align="center"><b>Fidelity<br/>Advantage^&#174;<br/>Class</b></h5> </td> </tr> <tr> <td align="left" valign="bottom"> <div align="left"><font size="-1">Redemption fee on shares held less than 90 days (as a % of amount redeemed)</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><font size="-1">0.75%</font> </div> </td> <td align="right" valign="bottom"> <div align="right"><font size="-1">&nbsp;</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><font size="-1">0.75%</font> </div> </td> </tr> </table><br/><div align="left">Effective January 1, 2013, the following information replaces the information under "Shareholder fees" for Spartan International Index Fund under the heading "Fee Table" in the "Fund Summary" section on page 6. </div><br/><table width="95%" border=""><tr> <td align="left" valign="bottom" colspan="3"> <div align="left"><b>Shareholder fees<br/> <font size="-2">(fees paid directly from your investment)</font></b> </div> </td> <td align="center" valign="bottom"> <div align="right"><font size="-1">&nbsp;</font> </div> </td> </tr> <tr> <td align="left" valign="top"> <div align="left"><font size="-1">&nbsp;</font> </div> </td> <td align="center" valign="bottom"> <h5 align="center">Investor<br/> Class</h5> </td> <td align="center" valign="top"> <h5 align="center">&nbsp;</h5> </td> <td align="center" valign="top"> <h5 align="center">Fidelity<br/> Advantage^&#174;<br/>Class</h5> </td> </tr> <tr> <td align="left" valign="bottom"> <div align="left"><font size="-1">Redemption fee on shares held less than 90 days (as a % of amount redeemed)</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><font size="-1">1.00%</font> </div> </td> <td align="right" valign="bottom"> <div align="right"><font size="-1">&nbsp;</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><font size="-1">1.00%</font> </div> </td> </tr></table><br/><div align="left">Effective January 1, 2013, the following information replaces the similar information found under the heading "Fee Table" in the "Fund Summary" section for Spartan Total Market Index Fund on page 9. </div><br/><table width="95%" border=""> <tr> <td align="left" valign="bottom" colspan="4"> <div align="left"><b>Shareholder fees<br/> <font size="-2">(fees paid directly from your investment)</font></b> </div> </td> </tr> <tr> <td align="left" valign="top"> <div align="left"><font size="-1">&nbsp;</font> </div> </td> <td align="center" valign="bottom"> <h5 align="center">Investor<br/> Class</h5> </td> <td align="center" valign="top"> <h5 align="center">&nbsp;</h5> </td> <td align="center" valign="top"> <h5 align="center">Fidelity<br/> Advantage^&#174;<br/> Class</h5> </td> </tr> <tr> <td align="left" valign="bottom"> <div align="left"><font size="-1">Redemption fee on shares held less than 90 days (as a % of amount redeemed)</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><font size="-1">0.50%</font> </div> </td> <td align="right" valign="bottom"> <div align="right"><font size="-1">&nbsp;</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><font size="-1">0.50%</font> </div> </td> </tr> </table><br/> <div align="left"><b><a name="ref11373"></a>Annual class operating expenses<br/> <font size="-2">(expenses that you pay each year as a % of the value of your investment)</font></b> </div><br/><table width="95%" border=""> <tr> <td align="left" valign="bottom"> <div align="left"><font size="-1">&nbsp;</font> </div> </td> <td align="center" valign="bottom"> <h5 align="center">Investor<br/> Class</h5> </td> <td align="center" valign="bottom"> <h5 align="center">&nbsp;</h5> </td> <td align="center" valign="bottom"> <h5 align="center">Fidelity<br/> Advantage<br/> Class</h5> </td> </tr> <tr> <td align="left" valign="bottom"> <div align="left"><font size="-1">Management fee ^A</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><font size="-1">0.045%</font> </div> </td> <td align="center" valign="bottom"> <div align="center"><font size="-2">&nbsp;</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><font size="-1">0.045%</font> </div> </td> </tr> <tr> <td align="left" valign="bottom"> <div align="left"><font size="-1">Distribution and/or Service (12b-1) fees</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><font size="-1">None</font> </div> </td> <td align="center" valign="bottom"> <div align="center"><font size="-2">&nbsp;</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><font size="-1">None</font> </div> </td> </tr> <tr> <td align="left" valign="bottom"> <div align="left"><font size="-1">Other expenses</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><u><font size="-1"><u>0.055%</u></font></u> </div> </td> <td align="center" valign="bottom"> <div align="center"><font size="-2">&nbsp;</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><u><font size="-1"><u>0.025%</u></font></u> </div> </td> </tr> <tr> <td align="left" valign="bottom"> <div align="left"><b><font size="-1">Total annual operating expenses</font></b> </div> </td> <td align="center" valign="bottom"> <div align="right"><font size="-1">0.10%</font> </div> </td> <td align="center" valign="bottom"> <div align="center"><font size="-2">&nbsp;</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><font size="-1">0.07%</font> </div> </td> </tr> <tr> <td align="left" valign="bottom"> <div align="left"><font size="-1">Fee waiver and/or expense reimbursement ^B</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><u><font size="-1"><u>&nbsp;</u></font></u> </div> </td> <td align="center" valign="bottom"> <div align="center"><font size="-2">&nbsp;</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><u><font size="-1"><u>0.01%</u></font></u> </div> </td> </tr> <tr> <td align="left" valign="bottom"> <div align="left"><b><font size="-1">Total annual operating expenses after fee waiver and/or expense reimbursement</font></b> </div> </td> <td align="center" valign="bottom"> <div align="right"><font size="-1">&nbsp;</font> </div> </td> <td align="center" valign="bottom"> <div align="center"><font size="-2">&nbsp;</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><font size="-1">0.06%</font> </div> </td> </tr> </table><br/><div align="left"><font size="-1">^A<i>Based on historical expenses, adjusted to reflect current fees.</i></font> </div><br/> <div align="left"><font size="-1">^B<i>Fidelity Management &amp; Research Company (FMR) has contractually agreed to reimburse Fidelity Advantage</i>^&#174;<i> Class of the fund to the extent that total operating expenses (excluding interest, taxes, certain securities lending costs, brokerage commissions, extraordinary expenses, and acquired fund fees and expenses, if any</i>)<i>, as a percentage of average net assets, exceed 0.06%. This arrangement</i> <i>will remain in effect through April 30, 2014. FMR may not terminate this arrangement before the expiration date without the approval of the Board of Trustees.</i></font> </div><br/> <div align="left">Effective January 1, 2013, the following information replaces the similar information found under the heading "Fee Table" in the "Fund Summary" section for Spartan Total Market Index Fund on page 9. </div><br/> <table width="95%" border=""> <tr> <td align="center" valign="bottom"> <h5 align="center">&nbsp;</h5> </td> <td align="center" valign="bottom"> <h5 align="center">Investor<br/> Class</h5> </td> <td align="left" valign="bottom"> <div align="right"><font size="-1">&nbsp;</font> </div> </td> <td align="center" valign="bottom"> <h5 align="center">Fidelity<br/> Advantage<br/> Class</h5> </td> </tr> <tr> <td align="left" valign="bottom"> <div align="left"><font size="-1">1 year</font> </div> </td> <td align="left" valign="bottom"> <div align="right"><font size="-1">$ 10</font> </div> </td> <td align="left" valign="bottom"> <div align="right"><font size="-1">&nbsp;</font> </div> </td> <td align="left" valign="bottom"> <div align="right"><font size="-1">$ 6</font> </div> </td> </tr> <tr> <td align="left" valign="bottom"> <div align="left"><font size="-1">3 years</font> </div> </td> <td align="left" valign="bottom"> <div align="right"><font size="-1">$ 32</font> </div> </td> <td align="left" valign="bottom"> <div align="right"><font size="-1">&nbsp;</font> </div> </td> <td align="left" valign="bottom"> <div align="right"><font size="-1">$ 21</font> </div> </td> </tr> <tr> <td align="left" valign="bottom"> <div align="left"><font size="-1">5 years</font> </div> </td> <td align="left" valign="bottom"> <div align="right"><font size="-1">$ 56</font> </div> </td> <td align="left" valign="bottom"> <div align="right"><font size="-1">&nbsp;</font> </div> </td> <td align="left" valign="bottom"> <div align="right"><font size="-1">$ 38</font> </div> </td> </tr> <tr> <td align="left" valign="bottom"> <div align="left"><font size="-1">10 years</font> </div> </td> <td align="left" valign="bottom"> <div align="right"><font size="-1">$ 128</font> </div> </td> <td align="left" valign="bottom"> <div align="right"><font size="-1">&nbsp;</font> </div> </td> <td align="left" valign="bottom"> <div align="right"><font size="-1">$ 89</font> </div> </td> </tr> </table> <h2>Supplement to the <br/>Spartan^&#174; Extended Market Index Fund,<br/>Spartan International Index&nbsp;Fund, <br/>and Spartan Total Market&nbsp;Index Fund<br/>Institutional Class and Fidelity Advantage^&#174; Institutional Class<br/>May 4, 2012<br/>Prospectus</h2><div align="left">Effective January 1, 2013, the following information replaces similar information found under the heading "Fee Table" in the "Fund Summary" section for Spartan Total Market Index Fund on page 9. </div><br/> <div align="left"><b><a name="ref11371"></a>Annual class operating expenses<br/> <font size="-2">(expenses that you pay each year as a % of the value of your investment)</font></b> </div><br/> <table width="95%" border=""> <tr> <td align="left" valign="bottom"> <div align="left"><font size="-1">&nbsp;</font> </div> </td> <td align="center" valign="bottom"> <h5 align="center">Institutional<br/> Class</h5> </td> <td align="center" valign="bottom"> <h5 align="center">&nbsp;</h5> </td> <td align="center" valign="bottom"> <h5 align="center">Fidelity<br/> Advantage<br/> Institutional<br/> Class</h5> </td> </tr> <tr> <td align="left" valign="bottom"> <div align="left"><font size="-1">Management fee ^A</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><font size="-1">0.045%</font> </div> </td> <td align="center" valign="bottom"> <div align="center"><font size="-2">&nbsp;</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><font size="-1">0.045%</font> </div> </td> </tr> <tr> <td align="left" valign="bottom"> <div align="left"><font size="-1">Distribution and/or Service (12b-1) fees</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><font size="-1">None</font> </div> </td> <td align="center" valign="bottom"> <div align="center"><font size="-2">&nbsp;</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><font size="-1">None</font> </div> </td> </tr> <tr> <td align="left" valign="bottom"> <div align="left"><font size="-1">Other expenses</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><u><font size="-1"><u>0.025%</u></font></u> </div> </td> <td align="center" valign="bottom"> <div align="center"><font size="-2">&nbsp;</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><u><font size="-1"><u>0.015%</u></font></u> </div> </td> </tr> <tr> <td align="left" valign="bottom"> <div align="left"><b><font size="-1">Total annual operating expenses</font></b> </div> </td> <td align="center" valign="bottom"> <div align="right"><font size="-1">0.07%</font> </div> </td> <td align="center" valign="bottom"> <div align="center"><font size="-2">&nbsp;</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><font size="-1">0.06%</font> </div> </td> </tr> <tr> <td align="left" valign="bottom"> <div align="left"><font size="-1">Fee waiver and/or expense reimbursement ^B</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><u><font size="-1"><u>0.02%</u></font></u> </div> </td> <td align="center" valign="bottom"> <div align="center"><font size="-2">&nbsp;</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><u><font size="-1"><u>0.015%</u></font></u> </div> </td> </tr> <tr> <td align="left" valign="bottom"> <div align="left"><b><font size="-1">Total annual operating expenses after fee waiver and/or expense reimbursement</font></b> </div> </td> <td align="center" valign="bottom"> <div align="right"><font size="-1">0.05%</font> </div> </td> <td align="center" valign="bottom"> <div align="center"><font size="-2">&nbsp;</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><font size="-1">0.045%</font> </div> </td> </tr> </table><br/> <div align="left"><font size="-1">^A<i>Based on historical expenses, adjusted to reflect current fees.</i></font> </div><br/> <div align="left"><font size="-1">^B<i>Fidelity Management &amp; Research Company (FMR) has contractually agreed to reimburse Institutional Class and Fidelity Advantage</i>^&#174;<i> Institutional Class of the fund to the extent that each class's total operating expenses (excluding interest, taxes, certain securities lending costs, brokerage commissions, extraordinary expenses, and acquired fund fees and expenses, if any</i>)<i>, as a percentage of their respective average net assets, exceed 0.05% and 0.045%. These arrangements</i> <i>will remain in effect through April 30, 2014. FMR may not terminate these arrangements before the expiration date without the approval of the Board of Trustees.</i></font> </div><br/> <div align="left">Effective January 1, 2013, the following information replaces similar information found under the heading "Fee Table" in the "Fund Summary" section for Spartan Total Market Index Fund on page 9. </div><br/> <table width="95%" border=""> <tr> <td align="center" valign="bottom"> <h5 align="center">&nbsp;</h5> </td> <td align="center" valign="bottom"> <h5 align="center">Institutional<br/> Class</h5> </td> <td align="left" valign="bottom"> <div align="right"><font size="-1">&nbsp;</font> </div> </td> <td align="center" valign="bottom"> <h5 align="center">Fidelity<br/> Advantage<br/> Institutional<br/> Class</h5> </td> </tr> <tr> <td align="left" valign="bottom"> <div align="left"><font size="-1">1 year</font> </div> </td> <td align="left" valign="bottom"> <div align="right"><font size="-1">$ 5</font> </div> </td> <td align="left" valign="bottom"> <div align="right"><font size="-1">&nbsp;</font> </div> </td> <td align="left" valign="bottom"> <div align="right"><font size="-1">$ 5</font> </div> </td> </tr> <tr> <td align="left" valign="bottom"> <div align="left"><font size="-1">3 years</font> </div> </td> <td align="left" valign="bottom"> <div align="right"><font size="-1">$ 20</font> </div> </td> <td align="left" valign="bottom"> <div align="right"><font size="-1">&nbsp;</font> </div> </td> <td align="left" valign="bottom"> <div align="right"><font size="-1">$ 17</font> </div> </td> </tr> <tr> <td align="left" valign="bottom"> <div align="left"><font size="-1">5 years</font> </div> </td> <td align="left" valign="bottom"> <div align="right"><font size="-1">$ 37</font> </div> </td> <td align="left" valign="bottom"> <div align="right"><font size="-1">&nbsp;</font> </div> </td> <td align="left" valign="bottom"> <div align="right"><font size="-1">$ 32</font> </div> </td> </tr> <tr> <td align="left" valign="bottom"> <div align="left"><font size="-1">10 years</font> </div> </td> <td align="left" valign="bottom"> <div align="right"><font size="-1">$ 87</font> </div> </td> <td align="left" valign="bottom"> <div align="right"><font size="-1">&nbsp;</font> </div> </td> <td align="left" valign="bottom"> <div align="right"><font size="-1">$ 75</font> </div> </td> </tr> </table> <h2>Supplement to the <br/>Spartan^&#174; Extended Market Index Fund,<br/>Spartan International Index&nbsp;Fund, <br/>and Spartan Total Market&nbsp;Index Fund<br/>Institutional Class and Fidelity Advantage^&#174; Institutional Class<br/>May 4, 2012<br/>Prospectus</h2><div align="left">Effective January 1, 2013, the following information replaces similar information found under the heading "Fee Table" in the "Fund Summary" section for Spartan Total Market Index Fund on page 9. </div><br/> <div align="left"><b><a name="ref11371"></a>Annual class operating expenses<br/> <font size="-2">(expenses that you pay each year as a % of the value of your investment)</font></b> </div><br/> <table width="95%" border=""> <tr> <td align="left" valign="bottom"> <div align="left"><font size="-1">&nbsp;</font> </div> </td> <td align="center" valign="bottom"> <h5 align="center">Institutional<br/> Class</h5> </td> <td align="center" valign="bottom"> <h5 align="center">&nbsp;</h5> </td> <td align="center" valign="bottom"> <h5 align="center">Fidelity<br/> Advantage<br/> Institutional<br/> Class</h5> </td> </tr> <tr> <td align="left" valign="bottom"> <div align="left"><font size="-1">Management fee ^A</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><font size="-1">0.045%</font> </div> </td> <td align="center" valign="bottom"> <div align="center"><font size="-2">&nbsp;</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><font size="-1">0.045%</font> </div> </td> </tr> <tr> <td align="left" valign="bottom"> <div align="left"><font size="-1">Distribution and/or Service (12b-1) fees</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><font size="-1">None</font> </div> </td> <td align="center" valign="bottom"> <div align="center"><font size="-2">&nbsp;</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><font size="-1">None</font> </div> </td> </tr> <tr> <td align="left" valign="bottom"> <div align="left"><font size="-1">Other expenses</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><u><font size="-1"><u>0.025%</u></font></u> </div> </td> <td align="center" valign="bottom"> <div align="center"><font size="-2">&nbsp;</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><u><font size="-1"><u>0.015%</u></font></u> </div> </td> </tr> <tr> <td align="left" valign="bottom"> <div align="left"><b><font size="-1">Total annual operating expenses</font></b> </div> </td> <td align="center" valign="bottom"> <div align="right"><font size="-1">0.07%</font> </div> </td> <td align="center" valign="bottom"> <div align="center"><font size="-2">&nbsp;</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><font size="-1">0.06%</font> </div> </td> </tr> <tr> <td align="left" valign="bottom"> <div align="left"><font size="-1">Fee waiver and/or expense reimbursement ^B</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><u><font size="-1"><u>0.02%</u></font></u> </div> </td> <td align="center" valign="bottom"> <div align="center"><font size="-2">&nbsp;</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><u><font size="-1"><u>0.015%</u></font></u> </div> </td> </tr> <tr> <td align="left" valign="bottom"> <div align="left"><b><font size="-1">Total annual operating expenses after fee waiver and/or expense reimbursement</font></b> </div> </td> <td align="center" valign="bottom"> <div align="right"><font size="-1">0.05%</font> </div> </td> <td align="center" valign="bottom"> <div align="center"><font size="-2">&nbsp;</font> </div> </td> <td align="center" valign="bottom"> <div align="right"><font size="-1">0.045%</font> </div> </td> </tr> </table><br/> <div align="left"><font size="-1">^A<i>Based on historical expenses, adjusted to reflect current fees.</i></font> </div><br/> <div align="left"><font size="-1">^B<i>Fidelity Management &amp; Research Company (FMR) has contractually agreed to reimburse Institutional Class and Fidelity Advantage</i>^&#174;<i> Institutional Class of the fund to the extent that each class's total operating expenses (excluding interest, taxes, certain securities lending costs, brokerage commissions, extraordinary expenses, and acquired fund fees and expenses, if any</i>)<i>, as a percentage of their respective average net assets, exceed 0.05% and 0.045%. These arrangements</i> <i>will remain in effect through April 30, 2014. FMR may not terminate these arrangements before the expiration date without the approval of the Board of Trustees.</i></font> </div><br/> <div align="left">Effective January 1, 2013, the following information replaces similar information found under the heading "Fee Table" in the "Fund Summary" section for Spartan Total Market Index Fund on page 9. </div><br/> <table width="95%" border=""> <tr> <td align="center" valign="bottom"> <h5 align="center">&nbsp;</h5> </td> <td align="center" valign="bottom"> <h5 align="center">Institutional<br/> Class</h5> </td> <td align="left" valign="bottom"> <div align="right"><font size="-1">&nbsp;</font> </div> </td> <td align="center" valign="bottom"> <h5 align="center">Fidelity<br/> Advantage<br/> Institutional<br/> Class</h5> </td> </tr> <tr> <td align="left" valign="bottom"> <div align="left"><font size="-1">1 year</font> </div> </td> <td align="left" valign="bottom"> <div align="right"><font size="-1">$ 5</font> </div> </td> <td align="left" valign="bottom"> <div align="right"><font size="-1">&nbsp;</font> </div> </td> <td align="left" valign="bottom"> <div align="right"><font size="-1">$ 5</font> </div> </td> </tr> <tr> <td align="left" valign="bottom"> <div align="left"><font size="-1">3 years</font> </div> </td> <td align="left" valign="bottom"> <div align="right"><font size="-1">$ 20</font> </div> </td> <td align="left" valign="bottom"> <div align="right"><font size="-1">&nbsp;</font> </div> </td> <td align="left" valign="bottom"> <div align="right"><font size="-1">$ 17</font> </div> </td> </tr> <tr> <td align="left" valign="bottom"> <div align="left"><font size="-1">5 years</font> </div> </td> <td align="left" valign="bottom"> <div align="right"><font size="-1">$ 37</font> </div> </td> <td align="left" valign="bottom"> <div align="right"><font size="-1">&nbsp;</font> </div> </td> <td align="left" valign="bottom"> <div align="right"><font size="-1">$ 32</font> </div> </td> </tr> <tr> <td align="left" valign="bottom"> <div align="left"><font size="-1">10 years</font> </div> </td> <td align="left" valign="bottom"> <div align="right"><font size="-1">$ 87</font> </div> </td> <td align="left" valign="bottom"> <div align="right"><font size="-1">&nbsp;</font> </div> </td> <td align="left" valign="bottom"> <div align="right"><font size="-1">$ 75</font> </div> </td> </tr> </table>