N-PX 1 fiddynstrat.htm

FORM N-PX

ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT INVESTMENT COMPANY

INVESTMENT COMPANY ACT FILE NUMBER: 811-02105

EXACT NAME OF REGISTRANT AS SPECIFIED IN CHARTER: Fidelity Fixed-Income Trust

Fund Name: Fidelity Dynamic Strategies Fund

82 DEVONSHIRE STREET, BOSTON, MA 02109
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) (ZIP CODE)

SCOTT C.GOEBEL, SECRETARY, 82 DEVONSHIRE STREET, BOSTON, MA 02109
(NAME AND ADDRESS OF AGENT FOR SERVICE)

REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE: 617-563-7000

DATE OF FISCAL YEAR END: DECEMBER 31

DATE OF REPORTING PERIOD: 06/30/2008

SIGNATURES

PURSUANT TO THE REQUIREMENTS OF THE INVESTMENT COMPANY ACT OF 1940, THE REGISTRANT HAS DULY CAUSED THIS REPORT TO BE SIGNED ON ITS BEHALF BY THE UNDERSIGNED, THERE UNTO DULY AUTHORIZED.

Fidelity Fixed-Income Trust

BY: /s/ JOHN R. HEBBLE*
JOHN R. HEBBLE, TREASURER
DATE: 08/25/2008 01:51:51 PM

*BY: /s/ CLAIRE S. WALPOLE
CLAIRE S. WALPOLE, VICE PRESIDENT, FIDELITY MANAGEMENT & RESEARCH COMPANY, PURSUANT TO A POWER OF ATTORNEY DATED JUNE 11, 2008 AND FILED HEREWITH.

VOTE SUMMARY REPORT
Fidelity Dynamic Strategies Fund
07/01/2007- 06/30/2008

Note: The Security ID will be the CUSIP (Committee on Uniform Securities Identification Procedures) when available. When CUSIP is not available, an alternate identifier, e.g., CINS, will be provided.


ISSUER NAME: BIOTECHNOLOGY PORTFOLIO MEETING DATE: 03/19/2008
TICKER: FBIOX SECURITY ID: 316390772
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT JAMES C. CURVEY AS A DIRECTOR	Management	For	Proportional
1. 2	ELECT DENNIS J. DIRKS AS A DIRECTOR	Management	For	Proportional
1. 3	ELECT EDWARD C. JOHNSON 3D AS A DIRECTOR	Management	For	Proportional
1. 4	ELECT ALAN J. LACY AS A DIRECTOR	Management	For	Proportional
1. 5	ELECT NED C. LAUTENBACH AS A DIRECTOR	Management	For	Proportional
1. 6	ELECT JOSEPH MAURIELLO AS A DIRECTOR	Management	For	Proportional
1. 7	ELECT CORNELIA M. SMALL AS A DIRECTOR	Management	For	Proportional
1. 8	ELECT WILLIAM S. STAVROPOULOS AS A DIRECTOR	Management	For	Proportional
1. 9	ELECT DAVID M. THOMAS AS A DIRECTOR	Management	For	Proportional
1. 10	ELECT MICHAEL E. WILEY AS A DIRECTOR	Management	For	Proportional
2	TO AMEND THE DECLARATION OF TRUST TO REDUCE THE REQUIRED QUORUM FOR FUTURE SHAREHOLDER MEETINGS.	Management	For	Proportional
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.


ISSUER NAME: DEFENSE & AEROSPACE PORTFOLIO MEETING DATE: 03/19/2008
TICKER: FSDAX SECURITY ID: 316390806
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT JAMES C. CURVEY AS A DIRECTOR	Management	For	Proportional
1. 2	ELECT DENNIS J. DIRKS AS A DIRECTOR	Management	For	Proportional
1. 3	ELECT EDWARD C. JOHNSON 3D AS A DIRECTOR	Management	For	Proportional
1. 4	ELECT ALAN J. LACY AS A DIRECTOR	Management	For	Proportional
1. 5	ELECT NED C. LAUTENBACH AS A DIRECTOR	Management	For	Proportional
1. 6	ELECT JOSEPH MAURIELLO AS A DIRECTOR	Management	For	Proportional
1. 7	ELECT CORNELIA M. SMALL AS A DIRECTOR	Management	For	Proportional
1. 8	ELECT WILLIAM S. STAVROPOULOS AS A DIRECTOR	Management	For	Proportional
1. 9	ELECT DAVID M. THOMAS AS A DIRECTOR	Management	For	Proportional
1. 10	ELECT MICHAEL E. WILEY AS A DIRECTOR	Management	For	Proportional
2	TO AMEND THE DECLARATION OF TRUST TO REDUCE THE REQUIRED QUORUM FOR FUTURE SHAREHOLDER MEETINGS.	Management	For	Proportional
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.


ISSUER NAME: ENERGY PORTFOLIO MEETING DATE: 03/19/2008
TICKER: FSENX SECURITY ID: 316390103
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT JAMES C. CURVEY AS A DIRECTOR	Management	For	Proportional
1. 2	ELECT DENNIS J. DIRKS AS A DIRECTOR	Management	For	Proportional
1. 3	ELECT EDWARD C. JOHNSON 3D AS A DIRECTOR	Management	For	Proportional
1. 4	ELECT ALAN J. LACY AS A DIRECTOR	Management	For	Proportional
1. 5	ELECT NED C. LAUTENBACH AS A DIRECTOR	Management	For	Proportional
1. 6	ELECT JOSEPH MAURIELLO AS A DIRECTOR	Management	For	Proportional
1. 7	ELECT CORNELIA M. SMALL AS A DIRECTOR	Management	For	Proportional
1. 8	ELECT WILLIAM S. STAVROPOULOS AS A DIRECTOR	Management	For	Proportional
1. 9	ELECT DAVID M. THOMAS AS A DIRECTOR	Management	For	Proportional
1. 10	ELECT MICHAEL E. WILEY AS A DIRECTOR	Management	For	Proportional
2	TO AMEND THE DECLARATION OF TRUST TO REDUCE THE REQUIRED QUORUM FOR FUTURE SHAREHOLDER MEETINGS.	Management	For	Proportional
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.


ISSUER NAME: ENERGY SERVICE PORTFOLIO MEETING DATE: 03/19/2008
TICKER: FSESX SECURITY ID: 316390764
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT JAMES C. CURVEY AS A DIRECTOR	Management	For	Proportional
1. 2	ELECT DENNIS J. DIRKS AS A DIRECTOR	Management	For	Proportional
1. 3	ELECT EDWARD C. JOHNSON 3D AS A DIRECTOR	Management	For	Proportional
1. 4	ELECT ALAN J. LACY AS A DIRECTOR	Management	For	Proportional
1. 5	ELECT NED C. LAUTENBACH AS A DIRECTOR	Management	For	Proportional
1. 6	ELECT JOSEPH MAURIELLO AS A DIRECTOR	Management	For	Proportional
1. 7	ELECT CORNELIA M. SMALL AS A DIRECTOR	Management	For	Proportional
1. 8	ELECT WILLIAM S. STAVROPOULOS AS A DIRECTOR	Management	For	Proportional
1. 9	ELECT DAVID M. THOMAS AS A DIRECTOR	Management	For	Proportional
1. 10	ELECT MICHAEL E. WILEY AS A DIRECTOR	Management	For	Proportional
2	TO AMEND THE DECLARATION OF TRUST TO REDUCE THE REQUIRED QUORUM FOR FUTURE SHAREHOLDER MEETINGS.	Management	For	Proportional
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.


ISSUER NAME: FIDELITY BLUE CHIP GROWTH FUND MEETING DATE: 05/14/2008
TICKER: FBGRX SECURITY ID: 316389303
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT JAMES C. CURVEY AS A DIRECTOR	Management	For	Proportional
1. 2	ELECT DENNIS J. DIRKS AS A DIRECTOR	Management	For	Proportional
1. 3	ELECT EDWARD C. JOHNSON 3D AS A DIRECTOR	Management	For	Proportional
1. 4	ELECT ALAN J. LACY AS A DIRECTOR	Management	For	Proportional
1. 5	ELECT NED C. LAUTENBACH AS A DIRECTOR	Management	For	Proportional
1. 6	ELECT JOSEPH MAURIELLO AS A DIRECTOR	Management	For	Proportional
1. 7	ELECT CORNELIA M. SMALL AS A DIRECTOR	Management	For	Proportional
1. 8	ELECT WILLIAM S. STAVROPOULOS AS A DIRECTOR	Management	For	Proportional
1. 9	ELECT DAVID M. THOMAS AS A DIRECTOR	Management	For	Proportional
1. 10	ELECT MICHAEL E. WILEY AS A DIRECTOR	Management	For	Proportional
2	TO AMEND THE DECLARATION OF TRUST TO REDUCE THE REQUIRED QUORUM FOR FUTURE SHAREHOLDER MEETINGS.	Management	For	Proportional
3	SHAREHOLDER PROPOSAL CONCERNING BOARD OVERSIGHT PROCEDURES TO SCREEN OUT INVESTMENTS IN COMPANIES THAT SUBSTANTIALLY CONTRIBUTE TO GENOCIDE.	Shareholder	Against	Proportional
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.


ISSUER NAME: FIDELITY CANADA FUND MEETING DATE: 04/16/2008
TICKER: FICDX SECURITY ID: 315910307
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT JAMES C. CURVEY AS A DIRECTOR	Management	For	Proportional
1. 2	ELECT DENNIS J. DIRKS AS A DIRECTOR	Management	For	Proportional
1. 3	ELECT EDWARD C. JOHNSON 3D AS A DIRECTOR	Management	For	Proportional
1. 4	ELECT ALAN J. LACY AS A DIRECTOR	Management	For	Proportional
1. 5	ELECT NED C. LAUTENBACH AS A DIRECTOR	Management	For	Proportional
1. 6	ELECT JOSEPH MAURIELLO AS A DIRECTOR	Management	For	Proportional
1. 7	ELECT CORNELIA M. SMALL AS A DIRECTOR	Management	For	Proportional
1. 8	ELECT WILLIAM S. STAVROPOULOS AS A DIRECTOR	Management	For	Proportional
1. 9	ELECT DAVID M. THOMAS AS A DIRECTOR	Management	For	Proportional
1. 10	ELECT MICHAEL E. WILEY AS A DIRECTOR	Management	For	Proportional
2	SHAREHOLDER PROPOSAL FOR FIDELITY CANADA FUND, FIDELITY DIVERSIFIED INTERNATIONAL FUND, FIDELITY INTERNATIONAL DISCOVERY FUND, FIDELITY MID-CAP STOCK FUND, AND FIDELITY OVERSEAS FUND CONCERNING BOARD OVERSIGHT PROCEDURES TO SCREEN OUT INVESTMENTS IN COMPANIES THAT SUBSTANTIALLY CONTRIBUTE TO GENOCIDE.	Shareholder	Against	Proportional
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.


ISSUER NAME: FIDELITY CHINA REGION FUND MEETING DATE: 04/16/2008
TICKER: FHKCX SECURITY ID: 315910778
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT JAMES C. CURVEY AS A DIRECTOR	Management	For	Proportional
1. 2	ELECT DENNIS J. DIRKS AS A DIRECTOR	Management	For	Proportional
1. 3	ELECT EDWARD C. JOHNSON 3D AS A DIRECTOR	Management	For	Proportional
1. 4	ELECT ALAN J. LACY AS A DIRECTOR	Management	For	Proportional
1. 5	ELECT NED C. LAUTENBACH AS A DIRECTOR	Management	For	Proportional
1. 6	ELECT JOSEPH MAURIELLO AS A DIRECTOR	Management	For	Proportional
1. 7	ELECT CORNELIA M. SMALL AS A DIRECTOR	Management	For	Proportional
1. 8	ELECT WILLIAM S. STAVROPOULOS AS A DIRECTOR	Management	For	Proportional
1. 9	ELECT DAVID M. THOMAS AS A DIRECTOR	Management	For	Proportional
1. 10	ELECT MICHAEL E. WILEY AS A DIRECTOR	Management	For	Proportional
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.


ISSUER NAME: FIDELITY DISCIPLINED EQUITY MEETING DATE: 05/14/2008
TICKER: FDEQX SECURITY ID: 316066208
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT JAMES C. CURVEY AS A DIRECTOR	Management	For	Proportional
1. 2	ELECT DENNIS J. DIRKS AS A DIRECTOR	Management	For	Proportional
1. 3	ELECT EDWARD C. JOHNSON 3D AS A DIRECTOR	Management	For	Proportional
1. 4	ELECT ALAN J. LACY AS A DIRECTOR	Management	For	Proportional
1. 5	ELECT NED C. LAUTENBACH AS A DIRECTOR	Management	For	Proportional
1. 6	ELECT JOSEPH MAURIELLO AS A DIRECTOR	Management	For	Proportional
1. 7	ELECT CORNELIA M. SMALL AS A DIRECTOR	Management	For	Proportional
1. 8	ELECT WILLIAM S. STAVROPOULOS AS A DIRECTOR	Management	For	Proportional
1. 9	ELECT DAVID M. THOMAS AS A DIRECTOR	Management	For	Proportional
1. 10	ELECT MICHAEL E. WILEY AS A DIRECTOR	Management	For	Proportional
2	TO AMEND THE DECLARATION OF TRUST TO REDUCE THE REQUIRED QUORUM FOR FUTURE SHAREHOLDER MEETINGS.	Management	For	Proportional
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.


ISSUER NAME: FIDELITY EMERGING MARKETS FUND MEETING DATE: 04/16/2008
TICKER: FEMKX SECURITY ID: 315910869
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT JAMES C. CURVEY AS A DIRECTOR	Management	For	Proportional
1. 2	ELECT DENNIS J. DIRKS AS A DIRECTOR	Management	For	Proportional
1. 3	ELECT EDWARD C. JOHNSON 3D AS A DIRECTOR	Management	For	Proportional
1. 4	ELECT ALAN J. LACY AS A DIRECTOR	Management	For	Proportional
1. 5	ELECT NED C. LAUTENBACH AS A DIRECTOR	Management	For	Proportional
1. 6	ELECT JOSEPH MAURIELLO AS A DIRECTOR	Management	For	Proportional
1. 7	ELECT CORNELIA M. SMALL AS A DIRECTOR	Management	For	Proportional
1. 8	ELECT WILLIAM S. STAVROPOULOS AS A DIRECTOR	Management	For	Proportional
1. 9	ELECT DAVID M. THOMAS AS A DIRECTOR	Management	For	Proportional
1. 10	ELECT MICHAEL E. WILEY AS A DIRECTOR	Management	For	Proportional
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.


ISSUER NAME: FIDELITY EUROPE FUND MEETING DATE: 04/16/2008
TICKER: FIEUX SECURITY ID: 316343300
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT JAMES C. CURVEY AS A DIRECTOR	Management	For	Proportional
1. 2	ELECT DENNIS J. DIRKS AS A DIRECTOR	Management	For	Proportional
1. 3	ELECT EDWARD C. JOHNSON 3D AS A DIRECTOR	Management	For	Proportional
1. 4	ELECT ALAN J. LACY AS A DIRECTOR	Management	For	Proportional
1. 5	ELECT NED C. LAUTENBACH AS A DIRECTOR	Management	For	Proportional
1. 6	ELECT JOSEPH MAURIELLO AS A DIRECTOR	Management	For	Proportional
1. 7	ELECT CORNELIA M. SMALL AS A DIRECTOR	Management	For	Proportional
1. 8	ELECT WILLIAM S. STAVROPOULOS AS A DIRECTOR	Management	For	Proportional
1. 9	ELECT DAVID M. THOMAS AS A DIRECTOR	Management	For	Proportional
1. 10	ELECT MICHAEL E. WILEY AS A DIRECTOR	Management	For	Proportional
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.


ISSUER NAME: FIDELITY FLOATING RATE HIGH INCOME MEETING DATE: 06/18/2008
TICKER: FFRHX SECURITY ID: 315916783
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT JAMES C. CURVEY AS A DIRECTOR	Management	For	Proportional
1. 2	ELECT DENNIS J. DIRKS AS A DIRECTOR	Management	For	Proportional
1. 3	ELECT EDWARD C. JOHNSON 3D AS A DIRECTOR	Management	For	Proportional
1. 4	ELECT ALAN J. LACY AS A DIRECTOR	Management	For	Proportional
1. 5	ELECT NED C. LAUTENBACH AS A DIRECTOR	Management	For	Proportional
1. 6	ELECT JOSEPH MAURIELLO AS A DIRECTOR	Management	For	Proportional
1. 7	ELECT CORNELIA M. SMALL AS A DIRECTOR	Management	For	Proportional
1. 8	ELECT WILLIAM S. STAVROPOULOS AS A DIRECTOR	Management	For	Proportional
1. 9	ELECT DAVID M. THOMAS AS A DIRECTOR	Management	For	Proportional
1. 10	ELECT MICHAEL E. WILEY AS A DIRECTOR	Management	For	Proportional
2	TO AMEND THE DECLARATION OF TRUST OF EACH OF FIDELITY ADVISOR SERIES I, FIDELITY ADVISOR SERIES VII, FIDELITY ADVISOR SERIES VIII, FIDELITY COMMONWEALTH TRUST, AND FIDELITY DESTINY PORTFOLIOS TO REDUCE THE REQUIRED QUORUM FOR FUTURE SHAREHOLDER MEETINGS.	Management	For	Proportional
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.


ISSUER NAME: FIDELITY HIGH INCOME FUND MEETING DATE: 03/19/2008
TICKER: SPHIX SECURITY ID: 316146406
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT JAMES C. CURVEY AS A DIRECTOR	Management	For	Proportional
1. 2	ELECT DENNIS J. DIRKS AS A DIRECTOR	Management	For	Proportional
1. 3	ELECT EDWARD C. JOHNSON 3D AS A DIRECTOR	Management	For	Proportional
1. 4	ELECT ALAN J. LACY AS A DIRECTOR	Management	For	Proportional
1. 5	ELECT NED C. LAUTENBACH AS A DIRECTOR	Management	For	Proportional
1. 6	ELECT JOSEPH MAURIELLO AS A DIRECTOR	Management	For	Proportional
1. 7	ELECT CORNELIA M. SMALL AS A DIRECTOR	Management	For	Proportional
1. 8	ELECT WILLIAM S. STAVROPOULOS AS A DIRECTOR	Management	For	Proportional
1. 9	ELECT DAVID M. THOMAS AS A DIRECTOR	Management	For	Proportional
1. 10	ELECT MICHAEL E. WILEY AS A DIRECTOR	Management	For	Proportional
2	TO AMEND THE DECLARATION OF TRUST TO REDUCE THE REQUIRED QUORUM FOR FUTURE SHAREHOLDER MEETINGS.	Management	For	Proportional
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.


ISSUER NAME: FIDELITY INTERNATIONAL REAL ESTATE FUND MEETING DATE: 05/14/2008
TICKER: FIREX SECURITY ID: 316389840
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT JAMES C. CURVEY AS A DIRECTOR	Management	For	Proportional
1. 2	ELECT DENNIS J. DIRKS AS A DIRECTOR	Management	For	Proportional
1. 3	ELECT EDWARD C. JOHNSON 3D AS A DIRECTOR	Management	For	Proportional
1. 4	ELECT ALAN J. LACY AS A DIRECTOR	Management	For	Proportional
1. 5	ELECT NED C. LAUTENBACH AS A DIRECTOR	Management	For	Proportional
1. 6	ELECT JOSEPH MAURIELLO AS A DIRECTOR	Management	For	Proportional
1. 7	ELECT CORNELIA M. SMALL AS A DIRECTOR	Management	For	Proportional
1. 8	ELECT WILLIAM S. STAVROPOULOS AS A DIRECTOR	Management	For	Proportional
1. 9	ELECT DAVID M. THOMAS AS A DIRECTOR	Management	For	Proportional
1. 10	ELECT MICHAEL E. WILEY AS A DIRECTOR	Management	For	Proportional
2	TO AMEND THE DECLARATION OF TRUST TO REDUCE THE REQUIRED QUORUM FOR FUTURE SHAREHOLDER MEETINGS.	Management	For	Proportional
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.


ISSUER NAME: FIDELITY INTERNATIONAL SMALL CAP OPPS MEETING DATE: 04/16/2008
TICKER: FSCOX SECURITY ID: 315910562
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT JAMES C. CURVEY AS A DIRECTOR	Management	For	Proportional
1. 2	ELECT DENNIS J. DIRKS AS A DIRECTOR	Management	For	Proportional
1. 3	ELECT EDWARD C. JOHNSON 3D AS A DIRECTOR	Management	For	Proportional
1. 4	ELECT ALAN J. LACY AS A DIRECTOR	Management	For	Proportional
1. 5	ELECT NED C. LAUTENBACH AS A DIRECTOR	Management	For	Proportional
1. 6	ELECT JOSEPH MAURIELLO AS A DIRECTOR	Management	For	Proportional
1. 7	ELECT CORNELIA M. SMALL AS A DIRECTOR	Management	For	Proportional
1. 8	ELECT WILLIAM S. STAVROPOULOS AS A DIRECTOR	Management	For	Proportional
1. 9	ELECT DAVID M. THOMAS AS A DIRECTOR	Management	For	Proportional
1. 10	ELECT MICHAEL E. WILEY AS A DIRECTOR	Management	For	Proportional
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.


ISSUER NAME: FIDELITY JAPAN FUND MEETING DATE: 04/16/2008
TICKER: FJPNX SECURITY ID: 315910885
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT JAMES C. CURVEY AS A DIRECTOR	Management	For	Proportional
1. 2	ELECT DENNIS J. DIRKS AS A DIRECTOR	Management	For	Proportional
1. 3	ELECT EDWARD C. JOHNSON 3D AS A DIRECTOR	Management	For	Proportional
1. 4	ELECT ALAN J. LACY AS A DIRECTOR	Management	For	Proportional
1. 5	ELECT NED C. LAUTENBACH AS A DIRECTOR	Management	For	Proportional
1. 6	ELECT JOSEPH MAURIELLO AS A DIRECTOR	Management	For	Proportional
1. 7	ELECT CORNELIA M. SMALL AS A DIRECTOR	Management	For	Proportional
1. 8	ELECT WILLIAM S. STAVROPOULOS AS A DIRECTOR	Management	For	Proportional
1. 9	ELECT DAVID M. THOMAS AS A DIRECTOR	Management	For	Proportional
1. 10	ELECT MICHAEL E. WILEY AS A DIRECTOR	Management	For	Proportional
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.


ISSUER NAME: FIDELITY LATIN AMERICA FUND MEETING DATE: 04/16/2008
TICKER: FLATX SECURITY ID: 315910844
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT JAMES C. CURVEY AS A DIRECTOR	Management	For	Proportional
1. 2	ELECT DENNIS J. DIRKS AS A DIRECTOR	Management	For	Proportional
1. 3	ELECT EDWARD C. JOHNSON 3D AS A DIRECTOR	Management	For	Proportional
1. 4	ELECT ALAN J. LACY AS A DIRECTOR	Management	For	Proportional
1. 5	ELECT NED C. LAUTENBACH AS A DIRECTOR	Management	For	Proportional
1. 6	ELECT JOSEPH MAURIELLO AS A DIRECTOR	Management	For	Proportional
1. 7	ELECT CORNELIA M. SMALL AS A DIRECTOR	Management	For	Proportional
1. 8	ELECT WILLIAM S. STAVROPOULOS AS A DIRECTOR	Management	For	Proportional
1. 9	ELECT DAVID M. THOMAS AS A DIRECTOR	Management	For	Proportional
1. 10	ELECT MICHAEL E. WILEY AS A DIRECTOR	Management	For	Proportional
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.


ISSUER NAME: FIDELITY LEVERAGED COMPANY STOCK FUND MEETING DATE: 05/14/2008
TICKER: FLVCX SECURITY ID: 316389873
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT JAMES C. CURVEY AS A DIRECTOR	Management	For	Proportional
1. 2	ELECT DENNIS J. DIRKS AS A DIRECTOR	Management	For	Proportional
1. 3	ELECT EDWARD C. JOHNSON 3D AS A DIRECTOR	Management	For	Proportional
1. 4	ELECT ALAN J. LACY AS A DIRECTOR	Management	For	Proportional
1. 5	ELECT NED C. LAUTENBACH AS A DIRECTOR	Management	For	Proportional
1. 6	ELECT JOSEPH MAURIELLO AS A DIRECTOR	Management	For	Proportional
1. 7	ELECT CORNELIA M. SMALL AS A DIRECTOR	Management	For	Proportional
1. 8	ELECT WILLIAM S. STAVROPOULOS AS A DIRECTOR	Management	For	Proportional
1. 9	ELECT DAVID M. THOMAS AS A DIRECTOR	Management	For	Proportional
1. 10	ELECT MICHAEL E. WILEY AS A DIRECTOR	Management	For	Proportional
2	TO AMEND THE DECLARATION OF TRUST TO REDUCE THE REQUIRED QUORUM FOR FUTURE SHAREHOLDER MEETINGS.	Management	For	Proportional
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.


ISSUER NAME: FIDELITY MEGA CAP STOCK FUND MEETING DATE: 05/14/2008
TICKER: FGRTX SECURITY ID: 31617F403
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT JAMES C. CURVEY AS A DIRECTOR	Management	For	Proportional
1. 2	ELECT DENNIS J. DIRKS AS A DIRECTOR	Management	For	Proportional
1. 3	ELECT EDWARD C. JOHNSON 3D AS A DIRECTOR	Management	For	Proportional
1. 4	ELECT ALAN J. LACY AS A DIRECTOR	Management	For	Proportional
1. 5	ELECT NED C. LAUTENBACH AS A DIRECTOR	Management	For	Proportional
1. 6	ELECT JOSEPH MAURIELLO AS A DIRECTOR	Management	For	Proportional
1. 7	ELECT CORNELIA M. SMALL AS A DIRECTOR	Management	For	Proportional
1. 8	ELECT WILLIAM S. STAVROPOULOS AS A DIRECTOR	Management	For	Proportional
1. 9	ELECT DAVID M. THOMAS AS A DIRECTOR	Management	For	Proportional
1. 10	ELECT MICHAEL E. WILEY AS A DIRECTOR	Management	For	Proportional
2	TO AMEND THE DECLARATION OF TRUST TO REDUCE THE REQUIRED QUORUM FOR FUTURE SHAREHOLDER MEETINGS.	Management	For	Proportional
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.


ISSUER NAME: FIDELITY MONEY MARKET PORTFOLIO MEETING DATE: 04/16/2008
TICKER: FNSXX SECURITY ID: 31607A109
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT JAMES C. CURVEY AS A DIRECTOR	Management	For	Proportional
1. 2	ELECT ALBERT R. GAMPER, JR. AS A DIRECTOR	Management	For	Proportional
1. 3	ELECT GEORGE H. HEILMEIER AS A DIRECTOR	Management	For	Proportional
1. 4	ELECT ARTHUR E. JOHNSON AS A DIRECTOR	Management	For	Proportional
1. 5	ELECT EDWARD C. JOHNSON 3D AS A DIRECTOR	Management	For	Proportional
1. 6	ELECT JAMES H. KEYES AS A DIRECTOR	Management	For	Proportional
1. 7	ELECT MARIE L. KNOWLES AS A DIRECTOR	Management	For	Proportional
1. 8	ELECT KENNETH L. WOLFE AS A DIRECTOR	Management	For	Proportional
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.


ISSUER NAME: FIDELITY NEW MARKETS INCOME FUND MEETING DATE: 03/19/2008
TICKER: FNMIX SECURITY ID: 315910836
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT JAMES C. CURVEY AS A DIRECTOR	Management	For	Proportional
1. 2	ELECT DENNIS J. DIRKS AS A DIRECTOR	Management	For	Proportional
1. 3	ELECT EDWARD C. JOHNSON 3D AS A DIRECTOR	Management	For	Proportional
1. 4	ELECT ALAN J. LACY AS A DIRECTOR	Management	For	Proportional
1. 5	ELECT NED C. LAUTENBACH AS A DIRECTOR	Management	For	Proportional
1. 6	ELECT JOSEPH MAURIELLO AS A DIRECTOR	Management	For	Proportional
1. 7	ELECT CORNELIA M. SMALL AS A DIRECTOR	Management	For	Proportional
1. 8	ELECT WILLIAM S. STAVROPOULOS AS A DIRECTOR	Management	For	Proportional
1. 9	ELECT DAVID M. THOMAS AS A DIRECTOR	Management	For	Proportional
1. 10	ELECT MICHAEL E. WILEY AS A DIRECTOR	Management	For	Proportional
2	TO AMEND THE DECLARATION OF TRUST TO REDUCE THE REQUIRED QUORUM FOR FUTURE SHAREHOLDER MEETINGS.	Management	For	Proportional
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.


ISSUER NAME: FIDELITY REAL ESTATE INCOME FUND MEETING DATE: 05/14/2008
TICKER: FRIFX SECURITY ID: 316389865
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT JAMES C. CURVEY AS A DIRECTOR	Management	For	Proportional
1. 2	ELECT DENNIS J. DIRKS AS A DIRECTOR	Management	For	Proportional
1. 3	ELECT EDWARD C. JOHNSON 3D AS A DIRECTOR	Management	For	Proportional
1. 4	ELECT ALAN J. LACY AS A DIRECTOR	Management	For	Proportional
1. 5	ELECT NED C. LAUTENBACH AS A DIRECTOR	Management	For	Proportional
1. 6	ELECT JOSEPH MAURIELLO AS A DIRECTOR	Management	For	Proportional
1. 7	ELECT CORNELIA M. SMALL AS A DIRECTOR	Management	For	Proportional
1. 8	ELECT WILLIAM S. STAVROPOULOS AS A DIRECTOR	Management	For	Proportional
1. 9	ELECT DAVID M. THOMAS AS A DIRECTOR	Management	For	Proportional
1. 10	ELECT MICHAEL E. WILEY AS A DIRECTOR	Management	For	Proportional
2	TO AMEND THE DECLARATION OF TRUST TO REDUCE THE REQUIRED QUORUM FOR FUTURE SHAREHOLDER MEETINGS.	Management	For	Proportional
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.


ISSUER NAME: FIDELITY REAL ESTATE INVESTMENT PORT MEETING DATE: 05/14/2008
TICKER: FRESX SECURITY ID: 316138205
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT JAMES C. CURVEY AS A DIRECTOR	Management	For	Proportional
1. 2	ELECT DENNIS J. DIRKS AS A DIRECTOR	Management	For	Proportional
1. 3	ELECT EDWARD C. JOHNSON 3D AS A DIRECTOR	Management	For	Proportional
1. 4	ELECT ALAN J. LACY AS A DIRECTOR	Management	For	Proportional
1. 5	ELECT NED C. LAUTENBACH AS A DIRECTOR	Management	For	Proportional
1. 6	ELECT JOSEPH MAURIELLO AS A DIRECTOR	Management	For	Proportional
1. 7	ELECT CORNELIA M. SMALL AS A DIRECTOR	Management	For	Proportional
1. 8	ELECT WILLIAM S. STAVROPOULOS AS A DIRECTOR	Management	For	Proportional
1. 9	ELECT DAVID M. THOMAS AS A DIRECTOR	Management	For	Proportional
1. 10	ELECT MICHAEL E. WILEY AS A DIRECTOR	Management	For	Proportional
2	TO AMEND THE DECLARATION OF TRUST TO REDUCE THE REQUIRED QUORUM FOR FUTURE SHAREHOLDER MEETINGS.	Management	For	Proportional
3	SHAREHOLDER PROPOSAL CONCERNING BOARD OVERSIGHT PROCEDURES TO SCREEN OUT INVESTMENTS IN COMPANIES THAT SUBSTANTIALLY CONTRIBUTE TO GENOCIDE.	Shareholder	Against	Proportional
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.


ISSUER NAME: FINANCIAL SERVICES PORTFOLIO MEETING DATE: 03/19/2008
TICKER: FIDSX SECURITY ID: 316390608
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT JAMES C. CURVEY AS A DIRECTOR	Management	For	Proportional
1. 2	ELECT DENNIS J. DIRKS AS A DIRECTOR	Management	For	Proportional
1. 3	ELECT EDWARD C. JOHNSON 3D AS A DIRECTOR	Management	For	Proportional
1. 4	ELECT ALAN J. LACY AS A DIRECTOR	Management	For	Proportional
1. 5	ELECT NED C. LAUTENBACH AS A DIRECTOR	Management	For	Proportional
1. 6	ELECT JOSEPH MAURIELLO AS A DIRECTOR	Management	For	Proportional
1. 7	ELECT CORNELIA M. SMALL AS A DIRECTOR	Management	For	Proportional
1. 8	ELECT WILLIAM S. STAVROPOULOS AS A DIRECTOR	Management	For	Proportional
1. 9	ELECT DAVID M. THOMAS AS A DIRECTOR	Management	For	Proportional
1. 10	ELECT MICHAEL E. WILEY AS A DIRECTOR	Management	For	Proportional
2	TO AMEND THE DECLARATION OF TRUST TO REDUCE THE REQUIRED QUORUM FOR FUTURE SHAREHOLDER MEETINGS.	Management	For	Proportional
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.


ISSUER NAME: GOLD PORTFOLIO MEETING DATE: 03/19/2008
TICKER: FSAGX SECURITY ID: 316390780
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT JAMES C. CURVEY AS A DIRECTOR	Management	For	Proportional
1. 2	ELECT DENNIS J. DIRKS AS A DIRECTOR	Management	For	Proportional
1. 3	ELECT EDWARD C. JOHNSON 3D AS A DIRECTOR	Management	For	Proportional
1. 4	ELECT ALAN J. LACY AS A DIRECTOR	Management	For	Proportional
1. 5	ELECT NED C. LAUTENBACH AS A DIRECTOR	Management	For	Proportional
1. 6	ELECT JOSEPH MAURIELLO AS A DIRECTOR	Management	For	Proportional
1. 7	ELECT CORNELIA M. SMALL AS A DIRECTOR	Management	For	Proportional
1. 8	ELECT WILLIAM S. STAVROPOULOS AS A DIRECTOR	Management	For	Proportional
1. 9	ELECT DAVID M. THOMAS AS A DIRECTOR	Management	For	Proportional
1. 10	ELECT MICHAEL E. WILEY AS A DIRECTOR	Management	For	Proportional
2	TO AMEND THE DECLARATION OF TRUST TO REDUCE THE REQUIRED QUORUM FOR FUTURE SHAREHOLDER MEETINGS.	Management	For	Proportional
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.


ISSUER NAME: HEALTH CARE PORTFOLIO MEETING DATE: 03/19/2008
TICKER: FSPHX SECURITY ID: 316390301
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT JAMES C. CURVEY AS A DIRECTOR	Management	For	Proportional
1. 2	ELECT DENNIS J. DIRKS AS A DIRECTOR	Management	For	Proportional
1. 3	ELECT EDWARD C. JOHNSON 3D AS A DIRECTOR	Management	For	Proportional
1. 4	ELECT ALAN J. LACY AS A DIRECTOR	Management	For	Proportional
1. 5	ELECT NED C. LAUTENBACH AS A DIRECTOR	Management	For	Proportional
1. 6	ELECT JOSEPH MAURIELLO AS A DIRECTOR	Management	For	Proportional
1. 7	ELECT CORNELIA M. SMALL AS A DIRECTOR	Management	For	Proportional
1. 8	ELECT WILLIAM S. STAVROPOULOS AS A DIRECTOR	Management	For	Proportional
1. 9	ELECT DAVID M. THOMAS AS A DIRECTOR	Management	For	Proportional
1. 10	ELECT MICHAEL E. WILEY AS A DIRECTOR	Management	For	Proportional
2	TO AMEND THE DECLARATION OF TRUST TO REDUCE THE REQUIRED QUORUM FOR FUTURE SHAREHOLDER MEETINGS.	Management	For	Proportional
3	SHAREHOLDER PROPOSAL CONCERNING BOARD OVERSIGHT PROCEDURES TO SCREEN OUT INVESTMENTS IN COMPANIES THAT SUBSTANTIALLY CONTRIBUTE TO GENOCIDE.	Shareholder	Against	Proportional
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.


ISSUER NAME: INDUSTRIALS PORTFOLIO MEETING DATE: 03/19/2008
TICKER: FCYIX SECURITY ID: 316390517
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT JAMES C. CURVEY AS A DIRECTOR	Management	For	Proportional
1. 2	ELECT DENNIS J. DIRKS AS A DIRECTOR	Management	For	Proportional
1. 3	ELECT EDWARD C. JOHNSON 3D AS A DIRECTOR	Management	For	Proportional
1. 4	ELECT ALAN J. LACY AS A DIRECTOR	Management	For	Proportional
1. 5	ELECT NED C. LAUTENBACH AS A DIRECTOR	Management	For	Proportional
1. 6	ELECT JOSEPH MAURIELLO AS A DIRECTOR	Management	For	Proportional
1. 7	ELECT CORNELIA M. SMALL AS A DIRECTOR	Management	For	Proportional
1. 8	ELECT WILLIAM S. STAVROPOULOS AS A DIRECTOR	Management	For	Proportional
1. 9	ELECT DAVID M. THOMAS AS A DIRECTOR	Management	For	Proportional
1. 10	ELECT MICHAEL E. WILEY AS A DIRECTOR	Management	For	Proportional
2	TO AMEND THE DECLARATION OF TRUST TO REDUCE THE REQUIRED QUORUM FOR FUTURE SHAREHOLDER MEETINGS.	Management	For	Proportional
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.


ISSUER NAME: MATERIALS PORTFOLIO MEETING DATE: 03/19/2008
TICKER: FSDPX SECURITY ID: 316390590
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT JAMES C. CURVEY AS A DIRECTOR	Management	For	Proportional
1. 2	ELECT DENNIS J. DIRKS AS A DIRECTOR	Management	For	Proportional
1. 3	ELECT EDWARD C. JOHNSON 3D AS A DIRECTOR	Management	For	Proportional
1. 4	ELECT ALAN J. LACY AS A DIRECTOR	Management	For	Proportional
1. 5	ELECT NED C. LAUTENBACH AS A DIRECTOR	Management	For	Proportional
1. 6	ELECT JOSEPH MAURIELLO AS A DIRECTOR	Management	For	Proportional
1. 7	ELECT CORNELIA M. SMALL AS A DIRECTOR	Management	For	Proportional
1. 8	ELECT WILLIAM S. STAVROPOULOS AS A DIRECTOR	Management	For	Proportional
1. 9	ELECT DAVID M. THOMAS AS A DIRECTOR	Management	For	Proportional
1. 10	ELECT MICHAEL E. WILEY AS A DIRECTOR	Management	For	Proportional
2	TO AMEND THE DECLARATION OF TRUST TO REDUCE THE REQUIRED QUORUM FOR FUTURE SHAREHOLDER MEETINGS.	Management	For	Proportional
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.


ISSUER NAME: NATURAL GAS PORTFOLIO MEETING DATE: 03/19/2008
TICKER: FSNGX SECURITY ID: 316390525
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT JAMES C. CURVEY AS A DIRECTOR	Management	For	Proportional
1. 2	ELECT DENNIS J. DIRKS AS A DIRECTOR	Management	For	Proportional
1. 3	ELECT EDWARD C. JOHNSON 3D AS A DIRECTOR	Management	For	Proportional
1. 4	ELECT ALAN J. LACY AS A DIRECTOR	Management	For	Proportional
1. 5	ELECT NED C. LAUTENBACH AS A DIRECTOR	Management	For	Proportional
1. 6	ELECT JOSEPH MAURIELLO AS A DIRECTOR	Management	For	Proportional
1. 7	ELECT CORNELIA M. SMALL AS A DIRECTOR	Management	For	Proportional
1. 8	ELECT WILLIAM S. STAVROPOULOS AS A DIRECTOR	Management	For	Proportional
1. 9	ELECT DAVID M. THOMAS AS A DIRECTOR	Management	For	Proportional
1. 10	ELECT MICHAEL E. WILEY AS A DIRECTOR	Management	For	Proportional
2	TO AMEND THE DECLARATION OF TRUST TO REDUCE THE REQUIRED QUORUM FOR FUTURE SHAREHOLDER MEETINGS.	Management	For	Proportional
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.


ISSUER NAME: SELECT CONSUMER DISCRETIONARY MEETING DATE: 03/19/2008
TICKER: FSCPX SECURITY ID: 316390558
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT JAMES C. CURVEY AS A DIRECTOR	Management	For	Proportional
1. 2	ELECT DENNIS J. DIRKS AS A DIRECTOR	Management	For	Proportional
1. 3	ELECT EDWARD C. JOHNSON 3D AS A DIRECTOR	Management	For	Proportional
1. 4	ELECT ALAN J. LACY AS A DIRECTOR	Management	For	Proportional
1. 5	ELECT NED C. LAUTENBACH AS A DIRECTOR	Management	For	Proportional
1. 6	ELECT JOSEPH MAURIELLO AS A DIRECTOR	Management	For	Proportional
1. 7	ELECT CORNELIA M. SMALL AS A DIRECTOR	Management	For	Proportional
1. 8	ELECT WILLIAM S. STAVROPOULOS AS A DIRECTOR	Management	For	Proportional
1. 9	ELECT DAVID M. THOMAS AS A DIRECTOR	Management	For	Proportional
1. 10	ELECT MICHAEL E. WILEY AS A DIRECTOR	Management	For	Proportional
2	TO AMEND THE DECLARATION OF TRUST TO REDUCE THE REQUIRED QUORUM FOR FUTURE SHAREHOLDER MEETINGS.	Management	For	Proportional
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.


ISSUER NAME: SELECT CONSUMER STAPLES MEETING DATE: 03/19/2008
TICKER: FDFAX SECURITY ID: 316390848
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT JAMES C. CURVEY AS A DIRECTOR	Management	For	Proportional
1. 2	ELECT DENNIS J. DIRKS AS A DIRECTOR	Management	For	Proportional
1. 3	ELECT EDWARD C. JOHNSON 3D AS A DIRECTOR	Management	For	Proportional
1. 4	ELECT ALAN J. LACY AS A DIRECTOR	Management	For	Proportional
1. 5	ELECT NED C. LAUTENBACH AS A DIRECTOR	Management	For	Proportional
1. 6	ELECT JOSEPH MAURIELLO AS A DIRECTOR	Management	For	Proportional
1. 7	ELECT CORNELIA M. SMALL AS A DIRECTOR	Management	For	Proportional
1. 8	ELECT WILLIAM S. STAVROPOULOS AS A DIRECTOR	Management	For	Proportional
1. 9	ELECT DAVID M. THOMAS AS A DIRECTOR	Management	For	Proportional
1. 10	ELECT MICHAEL E. WILEY AS A DIRECTOR	Management	For	Proportional
2	TO AMEND THE DECLARATION OF TRUST TO REDUCE THE REQUIRED QUORUM FOR FUTURE SHAREHOLDER MEETINGS.	Management	For	Proportional
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.


ISSUER NAME: SOFTWARE AND COMPUTER SERVICES PORTFOLIO MEETING DATE: 03/19/2008
TICKER: FSCSX SECURITY ID: 316390822
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT JAMES C. CURVEY AS A DIRECTOR	Management	For	Proportional
1. 2	ELECT DENNIS J. DIRKS AS A DIRECTOR	Management	For	Proportional
1. 3	ELECT EDWARD C. JOHNSON 3D AS A DIRECTOR	Management	For	Proportional
1. 4	ELECT ALAN J. LACY AS A DIRECTOR	Management	For	Proportional
1. 5	ELECT NED C. LAUTENBACH AS A DIRECTOR	Management	For	Proportional
1. 6	ELECT JOSEPH MAURIELLO AS A DIRECTOR	Management	For	Proportional
1. 7	ELECT CORNELIA M. SMALL AS A DIRECTOR	Management	For	Proportional
1. 8	ELECT WILLIAM S. STAVROPOULOS AS A DIRECTOR	Management	For	Proportional
1. 9	ELECT DAVID M. THOMAS AS A DIRECTOR	Management	For	Proportional
1. 10	ELECT MICHAEL E. WILEY AS A DIRECTOR	Management	For	Proportional
2	TO AMEND THE DECLARATION OF TRUST TO REDUCE THE REQUIRED QUORUM FOR FUTURE SHAREHOLDER MEETINGS.	Management	For	Proportional
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.


ISSUER NAME: TECHNOLOGY PORTFOLIO MEETING DATE: 03/19/2008
TICKER: FSPTX SECURITY ID: 316390202
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT JAMES C. CURVEY AS A DIRECTOR	Management	For	Proportional
1. 2	ELECT DENNIS J. DIRKS AS A DIRECTOR	Management	For	Proportional
1. 3	ELECT EDWARD C. JOHNSON 3D AS A DIRECTOR	Management	For	Proportional
1. 4	ELECT ALAN J. LACY AS A DIRECTOR	Management	For	Proportional
1. 5	ELECT NED C. LAUTENBACH AS A DIRECTOR	Management	For	Proportional
1. 6	ELECT JOSEPH MAURIELLO AS A DIRECTOR	Management	For	Proportional
1. 7	ELECT CORNELIA M. SMALL AS A DIRECTOR	Management	For	Proportional
1. 8	ELECT WILLIAM S. STAVROPOULOS AS A DIRECTOR	Management	For	Proportional
1. 9	ELECT DAVID M. THOMAS AS A DIRECTOR	Management	For	Proportional
1. 10	ELECT MICHAEL E. WILEY AS A DIRECTOR	Management	For	Proportional
2	TO AMEND THE DECLARATION OF TRUST TO REDUCE THE REQUIRED QUORUM FOR FUTURE SHAREHOLDER MEETINGS.	Management	For	Proportional
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.


ISSUER NAME: TELECOMMUNICATIONS PORTFOLIO MEETING DATE: 03/19/2008
TICKER: FSTCX SECURITY ID: 316390830
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT JAMES C. CURVEY AS A DIRECTOR	Management	For	Proportional
1. 2	ELECT DENNIS J. DIRKS AS A DIRECTOR	Management	For	Proportional
1. 3	ELECT EDWARD C. JOHNSON 3D AS A DIRECTOR	Management	For	Proportional
1. 4	ELECT ALAN J. LACY AS A DIRECTOR	Management	For	Proportional
1. 5	ELECT NED C. LAUTENBACH AS A DIRECTOR	Management	For	Proportional
1. 6	ELECT JOSEPH MAURIELLO AS A DIRECTOR	Management	For	Proportional
1. 7	ELECT CORNELIA M. SMALL AS A DIRECTOR	Management	For	Proportional
1. 8	ELECT WILLIAM S. STAVROPOULOS AS A DIRECTOR	Management	For	Proportional
1. 9	ELECT DAVID M. THOMAS AS A DIRECTOR	Management	For	Proportional
1. 10	ELECT MICHAEL E. WILEY AS A DIRECTOR	Management	For	Proportional
2	TO AMEND THE DECLARATION OF TRUST TO REDUCE THE REQUIRED QUORUM FOR FUTURE SHAREHOLDER MEETINGS.	Management	For	Proportional
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.


ISSUER NAME: UTILITIES GROWTH PORTFOLIO MEETING DATE: 03/19/2008
TICKER: FSUTX SECURITY ID: 316390509
Proposal No	Proposal	Proposed By	Management Recommendation	Vote Cast
1. 1	ELECT JAMES C. CURVEY AS A DIRECTOR	Management	For	Proportional
1. 2	ELECT DENNIS J. DIRKS AS A DIRECTOR	Management	For	Proportional
1. 3	ELECT EDWARD C. JOHNSON 3D AS A DIRECTOR	Management	For	Proportional
1. 4	ELECT ALAN J. LACY AS A DIRECTOR	Management	For	Proportional
1. 5	ELECT NED C. LAUTENBACH AS A DIRECTOR	Management	For	Proportional
1. 6	ELECT JOSEPH MAURIELLO AS A DIRECTOR	Management	For	Proportional
1. 7	ELECT CORNELIA M. SMALL AS A DIRECTOR	Management	For	Proportional
1. 8	ELECT WILLIAM S. STAVROPOULOS AS A DIRECTOR	Management	For	Proportional
1. 9	ELECT DAVID M. THOMAS AS A DIRECTOR	Management	For	Proportional
1. 10	ELECT MICHAEL E. WILEY AS A DIRECTOR	Management	For	Proportional
2	TO AMEND THE DECLARATION OF TRUST TO REDUCE THE REQUIRED QUORUM FOR FUTURE SHAREHOLDER MEETINGS.	Management	For	Proportional
Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions.

POWER OF ATTORNEY

I, the undersigned President and Treasurer of the following investment companies:

Fidelity Aberdeen Street Trust

Fidelity Advisor Series II

Fidelity Advisor Series IV

Fidelity Boylston Street Trust

Fidelity California Municipal Trust

Fidelity California Municipal Trust II

Fidelity Central Investment Portfolios II LLC

Fidelity Charles Street Trust

Fidelity Colchester Street Trust

Fidelity Court Street Trust

Fidelity Court Street Trust II

Fidelity Fixed-Income Trust

Fidelity Garrison Street Trust

Fidelity Hereford Street Trust

Fidelity Income Fund

Fidelity Massachusetts Municipal Trust

Fidelity Money Market Trust

Fidelity Municipal Trust

Fidelity Municipal Trust II

Fidelity Newbury Street Trust

Fidelity New York Municipal Trust

Fidelity New York Municipal Trust II

Fidelity Oxford Street Trust

Fidelity Phillips Street Trust

Fidelity Revere Street Trust

Fidelity School Street Trust

Fidelity Union Street Trust

Fidelity Union Street Trust II

Variable Insurance Products Fund V

in addition to any other investment company for which Fidelity Management & Research Company or an affiliate acts as investment adviser and for which the undersigned individual serves as Treasurer (collectively, the "Funds"), hereby constitute and appoint Claire Walpole my true and lawful attorney-in-fact, with full power of substitution, and with full power to sign for me and in my name in the appropriate capacity, all Reports of the Proxy Voting Records of the Funds on Form N-PX under the Investment Company Act of 1940, as amended (the "Act"), or any successor thereto, and any supplements or other instruments in connection therewith, and generally to do all such things in my name and behalf in connection therewith as said attorney-in-fact deems necessary or appropriate to cause such Form to be completed and filed in accordance with the Act and all related requirements of the Securities and Exchange Commission. I hereby ratify and confirm all that said attorney-in-fact or her substitute may do or cause to be done by virtue hereof. This power of attorney is effective for all documents filed on or after June 11, 2008.

WITNESS my hand on this 11th day of June 2008.

/s/ John R. Hebble

John R. Hebble

Treasurer