0000880709 2012-01-30 2013-01-29 0000880709 fcst5:S000006050Member 2012-01-30 2013-01-29 0000880709 fcst5:S000006050Member fcst5:C000016619Member 2012-01-30 2013-01-29 0000880709 fcst5:S000006052Member fcst5:InstMember 2012-01-30 2013-01-29 0000880709 fcst5:S000006052Member fcst5:InstMember fcst5:C000047920Member 2012-01-30 2013-01-29 0000880709 fcst5:S000006052Member fcst5:RetailMember 2012-01-30 2013-01-29 0000880709 fcst5:S000006052Member fcst5:RetailMember fcst5:C000016621Member 2012-01-30 2013-01-29 0000880709 fcst5:S000006053Member fcst5:C000016622Member 2012-01-30 2013-01-29 0000880709 fcst5:S000006053Member 2012-01-30 2013-01-29 0000880709 fcst5:S000006052Member fcst5:ServiceMember 2012-01-30 2013-01-29 0000880709 fcst5:S000006052Member fcst5:ServiceMember fcst5:C000047921Member 2012-01-30 2013-01-29 pure iso4217:USD 485BPOS 2012-11-30 FIDELITY COURT STREET TRUST II 0000880709 false 2013-01-28 2013-01-29 2013-01-29 Fund Summary Fund: Fidelity® Connecticut Municipal Money Market Fund Investment Objective The fund seeks as high a level of current income exempt from federal income tax and, to the extent possible, from Connecticut personal income tax, as is consistent with preservation of capital. Fee Table The following table describes the fees and expenses that may be incurred when you buy and hold shares of the fund. Shareholder fees (fees paid directly from your investment) 0 Annual fund operating expenses (expenses that you pay each year as a % of the value of your investment) 0.0037 0 0.0012 0.0049 Fund Summary Fund/Class: Fidelity® New Jersey AMT Tax-Free Money Market Fund/Institutional 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: 50 157 274 616 Investment Objective The fund seeks as high a level of current income, exempt from federal and New Jersey personal income taxes, as is consistent with preservation of capital. Fee Table The following table describes the fees and expenses that may be incurred when you buy and hold shares of the fund. 0 Shareholder fees (fees paid directly from your investment) Principal Investment Strategies Annual class operating expenses (expenses that you pay each year as a % of the value of your investment) 0.002 0 0.0005 0.0025 -0.0005 <ul><li>Normally investing in municipal money market securities.</li><li>Normally investing at least 80% of assets in municipal securities whose interest is exempt from federal and Connecticut personal income taxes.</li><li>Potentially investing up to 20% of assets in municipal securities whose interest is subject to Connecticut personal income tax.</li><li>Potentially investing more than 25% of total assets in municipal securities that finance similar types of projects. </li><li>Investing in compliance with industry-standard regulatory requirements for money market funds for the quality, maturity, and diversification of investments. </li></ul> 0.002 Principal Investment Risks 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: <ul><li>Municipal Market Volatility. The municipal market is volatile and can be significantly affected by adverse tax, legislative, or political changes and the financial condition of the issuers of municipal securities.</li><li>Interest Rate Changes. Interest rate increases can cause the price of a money market security to decrease.</li><li>Foreign Exposure. Entities providing credit support or a maturity-shortening structure that are located in foreign countries can be affected by adverse political, regulatory, market, or economic developments in those countries.</li><li>Geographic Concentration. Unfavorable political or economic conditions within Connecticut can affect the credit quality of issuers located in that state.</li><li>Issuer-Specific Changes. A decline in the credit quality of an issuer or a provider of credit support or a maturity-shortening structure for a security can cause the price of a money market security to decrease.</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. Although the fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in the fund. 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. 20 64 113 Although the fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in the fund. Performance 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. Past performance is not an indication of future performance. Visit www.fidelity.com for updated return information. 255 The information illustrates the changes in the performance of the fund's shares from year to year. Past performance is not an indication of future performance. Principal Investment Strategies www.fidelity.com Year-by-Year Returns Calendar Years 0.006 0.0077 0.02 0.0302 0.0325 0.0172 0.0009 0.0001 0.0001 0.0001 <ul><li> Normally investing in municipal money market securities.</li><li> Normally investing at least 80% of assets in municipal securities whose interest is exempt from federal and New Jersey personal income taxes. </li><li>Potentially investing up to 20% of assets in municipal securities whose interest is subject to New Jersey personal income tax. </li><li> Normally not investing in municipal securities whose interest is subject to the federal alternative minimum tax. </li><li> Potentially investing more than 25% of total assets in municipal securities that finance similar types of projects.</li><li> Investing in compliance with industry-standard regulatory requirements for money market funds for the quality, maturity, and diversification of investments.</li></ul> Principal Investment Risks <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">0.82% </div></td><td><div align="left">June 30, 2007</div></td></tr><tr><td><div align="left">Lowest Quarter Return </div></td><td><div align="right">0.00% </div></td><td><div align="left">March 31, 2011</div></td></tr></table> Highest Quarter Return 2007-06-30 0.0082 Lowest Quarter Return 2011-03-31 0 Fund Summary Fund/Class: Fidelity® New Jersey AMT Tax-Free Money Market Fund/Fidelity New Jersey AMT Tax-Free Money Market Fund Investment Objective The fund seeks as high a level of current income, exempt from federal and New Jersey personal income taxes, as is consistent with preservation of capital. Fee Table The following table describes the fees and expenses that may be incurred when you buy and hold shares of the 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) Average Annual Returns For the periods ended December 31, 2012 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 <ul><li>Normally investing in municipal money market securities.</li><li>Normally investing at least 80% of assets in municipal securities whose interest is exempt from federal and New Jersey personal income taxes.</li><li>Potentially investing up to 20% of assets in municipal securities whose interest is subject to New Jersey personal income tax.</li><li>Normally not investing in municipal securities whose interest is subject to the federal alternative minimum tax.</li><li>Potentially investing more than 25% of total assets in municipal securities that finance similar types of projects.</li><li>Investing in compliance with industry-standard regulatory requirements for money market funds for the quality, maturity, and diversification of investments.</li></ul> <ul><li> Municipal Market Volatility. The municipal market is volatile and can be significantly affected by adverse tax, legislative, or political changes and the financial condition of the issuers of municipal securities.</li><li> Interest Rate Changes. Interest rate increases can cause the price of a money market security to decrease. </li><li>Foreign Exposure. Entities providing credit support or a maturity-shortening structure that are located in foreign countries can be affected by adverse political, regulatory, market, or economic developments in those countries.</li><li> Geographic Concentration. Unfavorable political or economic conditions within New Jersey can affect the credit quality of issuers located in that state.</li><li> Issuer-Specific Changes. A decline in the credit quality of an issuer or a provider of credit support or a maturity-shortening structure for a security can cause the price of a money market security to decrease.</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. Although the fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in the fund. Principal Investment Risks <ul><li>Municipal Market Volatility. The municipal market is volatile and can be significantly affected by adverse tax, legislative, or political changes and the financial condition of the issuers of municipal securities.</li><li>Interest Rate Changes. Interest rate increases can cause the price of a money market security to decrease.</li><li>Foreign Exposure. Entities providing credit support or a maturity-shortening structure that are located in foreign countries can be affected by adverse political, regulatory, market, or economic developments in those countries.</li><li>Geographic Concentration. Unfavorable political or economic conditions within New Jersey can affect the credit quality of issuers located in that state.</li><li>Issuer-Specific Changes. A decline in the credit quality of an issuer or a provider of credit support or a maturity-shortening structure for a security can cause the price of a money market security to decrease.</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. Although the fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in the fund. Performance 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. Past performance is not an indication of future performance. Visit www.fidelity.com for updated return information. 0.0001 0.0036 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. 0.0114 Past performance is not an indication of future performance. Although the fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in the fund. 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. Performance 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. Past performance is not an indication of future performance. Visit www.fidelity.com or www.advisor.fidelity.com for updated return information. The information illustrates the changes in the performance of the fund's shares from year to year. Past performance is not an indication of future performance. www.fidelity.com or www.advisor.fidelity.com Year-by-Year Returns Calendar Years 0.0201 0.0029 0.0009 0.0004 0.0003 <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">0.64% </div></td><td><div align="left">March 31, 2008</div></td></tr><tr><td><div align="left">Lowest Quarter Return </div></td><td><div align="right">0.00% </div></td><td><div align="left">December 31, 2011</div></td></tr></table> Highest Quarter Return 2008-03-31 0.0064 Lowest Quarter Return 2011-12-31 0 Average Annual Returns For the periods ended December 31, 2012 Although the fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in the fund. Year-by-Year Returns Calendar Years <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">0.87% </div></td><td><div align="left">June 30, 2007</div></td></tr><tr><td><div align="left">Lowest Quarter Return </div></td><td><div align="right">0.00% </div></td><td><div align="left">March 31, 2012</div></td></tr></table> Average Annual Returns For the periods ended December 31, 2012 0.0003 Highest Quarter Return 2007-06-30 0.0049 0.0087 Lowest Quarter Return 2012-03-31 0 0.0086 Fidelity New Jersey AMT Tax-Free Money Market Fund Institutional Class Fidelity Connecticut Municipal Money Market Fund 0.0076 2007-04-18 0.0093 0.0211 0.0316 0.0341 0.0191 0.0019 0.0001 0 0.0001 0.0037 0 0 0.0014 0.0051 0.002 0 0.001 0.003 52 164 285 640 31 97 169 381 0.0003 0.0043 0.0124 0.0059 0.0073 0.0196 0.0299 0.0323 0.0167 0.0007 0.0001 0.0001 0.0001 0.0001 0.0035 0.0112 Fund Summary Fund: Fidelity® New Jersey Municipal Money Market Fund Investment Objective The fund seeks as high a level of current income, exempt from federal and New Jersey personal income taxes, as is consistent with preservation of capital. Fee Table The following table describes the fees and expenses that may be incurred when you buy and hold shares of the fund. Shareholder fees (fees paid directly from your investment) Annual fund operating expenses (expenses that you pay each year as a % of the value of your investment) 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 <ul><li>Normally investing in municipal money market securities.</li><li>Normally investing at least 80% of assets in municipal securities whose interest is exempt from federal and New Jersey personal income taxes.</li><li>Potentially investing up to 20% of assets in municipal securities whose interest is subject to New Jersey personal income tax.</li><li>Potentially investing more than 25% of total assets in municipal securities that finance similar types of projects. </li><li>Investing in compliance with industry-standard regulatory requirements for money market funds for the quality, maturity, and diversification of investments. </li></ul> Fund Summary Fund/Class: Fidelity® New Jersey AMT Tax-Free Money Market Fund/Service The information illustrates the changes in the performance of the fund's shares from year to year. Investment Objective www.fidelity.com The fund seeks as high a level of current income, exempt from federal and New Jersey personal income taxes, as is consistent with preservation of capital. Fee Table The following table describes the fees and expenses that may be incurred when you buy and hold shares of the fund. Shareholder fees (fees paid directly from your investment) 0 Annual class operating expenses (expenses that you pay each year as a % of the value of your investment) 0.002 0.0025 0.0005 0.005 -0.0005 0.0045 Principal Investment Risks <ul><li>Municipal Market Volatility. The municipal market is volatile and can be significantly affected by adverse tax, legislative, or political changes and the financial condition of the issuers of municipal securities.</li><li>Interest Rate Changes. Interest rate increases can cause the price of a money market security to decrease.</li><li>Foreign Exposure. Entities providing credit support or a maturity-shortening structure that are located in foreign countries can be affected by adverse political, regulatory, market, or economic developments in those countries.</li><li>Geographic Concentration. Unfavorable political or economic conditions within New Jersey can affect the credit quality of issuers located in that state.</li><li>Issuer-Specific Changes. A decline in the credit quality of an issuer or a provider of credit support or a maturity-shortening structure for a security can cause the price of a money market security to decrease.</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. Although the fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in 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: 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. Although the fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in the fund. 46 144 252 567 The information illustrates the changes in the performance of the fund's shares from year to year. Past performance is not an indication of future performance. www.fidelity.com <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">0.82% </div></td><td><div align="left">September 30, 2007</div></td></tr><tr><td><div align="left">Lowest Quarter Return </div></td><td><div align="right">0.00% </div></td><td><div align="left">March 31, 2010</div></td></tr></table> Principal Investment Strategies Highest Quarter Return 2007-09-30 0.0082 Lowest Quarter Return 2010-03-31 0 <ul><li> Normally investing in municipal money market securities.</li><li> Normally investing at least 80% of assets in municipal securities whose interest is exempt from federal and New Jersey personal income taxes.</li><li> Potentially investing up to 20% of assets in municipal securities whose interest is subject to New Jersey personal income tax.</li><li> Normally not investing in municipal securities whose interest is subject to the federal alternative minimum tax.</li><li> Potentially investing more than 25% of total assets in municipal securities that finance similar types of projects.</li><li> Investing in compliance with industry-standard regulatory requirements for money market funds for the quality, maturity, and diversification of investments.</li></ul> Principal Investment Risks <ul><li> Municipal Market Volatility. The municipal market is volatile and can be significantly affected by adverse tax, legislative, or political changes and the financial condition of the issuers of municipal securities.</li><li> Interest Rate Changes. Interest rate increases can cause the price of a money market security to decrease.</li><li>Foreign Exposure. Entities providing credit support or a maturity-shortening structure that are located in foreign countries can be affected by adverse political, regulatory, market, or economic developments in those countries.</li><li> Geographic Concentration. Unfavorable political or economic conditions within New Jersey can affect the credit quality of issuers located in that state.</li><li> Issuer-Specific Changes. A decline in the credit quality of an issuer or a provider of credit support or a maturity-shortening structure for a security can cause the price of a money market security to decrease.</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. Although the fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in the fund. 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. Although the fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in the fund. Performance 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. Past performance is not an indication of future performance. Visit www.advisor.fidelity.com for updated return information. The information illustrates the changes in the performance of the fund's shares from year to year. Past performance is not an indication of future performance. www.advisor.fidelity.com Average Annual Returns For the periods ended December 31, 2012 Year-by-Year Returns Calendar Years Fidelity New Jersey Municipal Money Market Fund 0.0175 0.0011 0.0001 0.0001 0.0003 Highest Quarter Return 2008-03-31 0.0057 Lowest Quarter Return 2010-03-31 0 <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">0.57% </div></td><td><div align="left">March 31, 2008</div></td></tr><tr><td><div align="left">Lowest Quarter Return </div></td><td><div align="right">0.00% </div></td><td><div align="left">March 31, 2010</div></td></tr></table> Average Annual Returns For the periods ended December 31, 2012 0.0003 0.0038 0.0073 2007-04-18 Service Class 0.0003 <div style="display:none">~ http://www.fidelity.com/role/ScheduleShareholderFeesFidelityNewJerseyMunicipalMoneyMarketFund column period compact * ~</div> <div style="display:none">~ http://www.fidelity.com/role/ScheduleShareholderFeesFidelityConnecticutMunicipalMoneyMarketFund column period compact * ~</div> <div style="display:none">~ http://www.fidelity.com/role/ScheduleShareholderFeesFidelityNewJerseyAMTTax-FreeMoneyMarketFundServiceClass column period compact * ~</div> <div style="display:none">~ http://www.fidelity.com/role/ScheduleAverageAnnualTotalReturnsTransposedFidelityNewJerseyAMTTax-FreeMoneyMarketFundServiceClass column period compact * ~</div> <div style="display:none">~ http://www.fidelity.com/role/ScheduleAnnualTotalReturnsFidelityNewJerseyAMTTax-FreeMoneyMarketFundServiceClassBarChart column period compact * ~</div> <div style="display:none">~ http://www.fidelity.com/role/ScheduleAnnualClassOperatingExpensesFidelityNewJerseyAMTTaxFreeMoneyMarketFundServiceClass column period compact * ~</div> <div style="display:none">~ http://www.fidelity.com/role/ScheduleAnnualFundOperatingExpensesFidelityNewJerseyMunicipalMoneyMarketFund column period compact * ~</div> <div style="display:none">~ http://www.fidelity.com/role/ScheduleAnnualFundOperatingExpensesFidelityConnecticutMunicipalMoneyMarketFund column period compact * ~</div> <div style="display:none">~ http://www.fidelity.com/role/ScheduleExpenseExampleFidelityNewJerseyMunicipalMoneyMarketFund column period compact * ~</div> <div style="display:none">~ http://www.fidelity.com/role/ScheduleExpenseExampleFidelityConnecticutMunicipalMoneyMarketFund column period compact * ~</div> <div style="display:none">~ http://www.fidelity.com/role/ScheduleShareholderFeesFidelityNewJerseyAMTTax-FreeMoneyMarketFundInstitutionalClass column period compact * ~</div> <div style="display:none">~ http://www.fidelity.com/role/ScheduleAnnualClassOperatingExpensesFidelityNewJerseyAMTTaxFreeMoneyMarketFundInstitutionalClass column period compact * ~</div> <div style="display:none">~ http://www.fidelity.com/role/ScheduleAnnualTotalReturnsFidelityNewJerseyMunicipalMoneyMarketFundBarChart column period compact * ~</div> <div style="display:none">~ http://www.fidelity.com/role/ScheduleAnnualTotalReturnsFidelityConnecticutMunicipalMoneyMarketFundBarChart column period compact * ~</div> <div style="display:none">~ http://www.fidelity.com/role/ScheduleAnnualTotalReturnsFidelityNewJerseyAMTTax-FreeMoneyMarketFundInstitutionalClassBarChart column period compact * ~</div> <div style="display:none">~ http://www.fidelity.com/role/ScheduleAverageAnnualTotalReturnsTransposedFidelityNewJerseyMunicipalMoneyMarketFund column period compact * ~</div> <div style="display:none">~ http://www.fidelity.com/role/ScheduleAverageAnnualTotalReturnsTransposedFidelityConnecticutMunicipalMoneyMarketFund column period compact * ~</div> <div style="display:none">~ http://www.fidelity.com/role/ScheduleAverageAnnualTotalReturnsTransposedFidelityNewJerseyAMTTax-FreeMoneyMarketFundInstitutionalClass column period compact * ~</div> 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. Past performance is not an indication of future performance. Visit www.fidelity.com for updated return information. Year-by-Year Returns Calendar Years Performance <div style="display:none">~ http://www.fidelity.com/role/ScheduleShareholderFeesFidelityNewJerseyAMTTax-FreeMoneyMarketFund column period compact * ~</div> <div style="display:none">~ http://www.fidelity.com/role/ScheduleAnnualClassOperatingExpensesFidelityNewJerseyAMTTaxFreeMoneyMarketFund column period compact * ~</div> <div style="display:none">~ http://www.fidelity.com/role/ScheduleExpenseExampleFidelityNewJerseyAMTTaxFreeMoneyMarketFund column period compact * ~</div> <div style="display:none">~ http://www.fidelity.com/role/ScheduleAnnualTotalReturnsFidelityNewJerseyAMTTax-FreeMoneyMarketFundBarChart column period compact * ~</div> <div style="display:none">~ http://www.fidelity.com/role/ScheduleAverageAnnualTotalReturnsTransposedFidelityNewJerseyAMTTax-FreeMoneyMarketFund column period compact * ~</div> <div style="display:none">~ http://www.fidelity.com/role/ScheduleExpenseExampleFidelityNewJerseyAMTTaxFreeMoneyMarketFundInstitutionalClass column period compact * ~</div> <div style="display:none">~ http://www.fidelity.com/role/ScheduleExpenseExampleFidelityNewJerseyAMTTaxFreeMoneyMarketFundServiceClass column period compact * ~</div> at least one year from the effective date of the prospectus at least one year from the effective date of the prospectus Fidelity Management & Research Company (FMR) has contractually agreed to reimburse Institutional Class of the fund to the extent that total operating expenses (excluding interest, taxes, brokerage commissions, extraordinary expenses, and acquired fund fees and expenses, if any), as a percentage of its average net assets, exceed 0.20%. This arrangement will remain in effect for at least one year from the effective date of the prospectus. FMR may not terminate this arrangement without the approval of the Board of Trustees. From April 18, 2007. Fidelity Management & Research Company (FMR) has contractually agreed to reimburse Service Class of the fund to the extent that total operating expenses (excluding interest, taxes, brokerage commissions, extraordinary expenses, and acquired fund fees and expenses, if any), as a percentage of its average net assets, exceed 0.45%. This arrangement will remain in effect for at least one year from the effective date of the prospectus. FMR may not terminate this arrangement without the approval of the Board of Trustees.