Effective February 1, 2012, the following information replaces the similar information under the heading "Fee Table" in the "Fund Summary" section on page 3.

Annual class operating expenses

(expenses that you pay each year as a % of the value of your investment)


	Investor Class	Fidelity Advantage Class
Management fee	0.05%	0.05%
Distribution and/or Service (12b-1) fees	None	None
Other expenses	0.17%	0.12%
Total annual operating expenses	0.22%^A	0.17%
Fee waiver and/or expense reimbursement^B		0.06%
Total annual operating expenses after fee waiver and/or expense reimbursement		0.11%

^ABased on historical expenses, adjusted to reflect current fees.

^BFidelity Management & Research Company (FMR) has contractually agreed to reimburse 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 its average net assets, exceed 0.11%. This arrangement will remain in effect through October 31, 2013.

Effective February 1, 2012, the following information replaces the similar information under the heading "Fee Table" in the "Fund Summary" section on page 4.


	Investor Class	Fidelity Advantage Class
1 year	$23	$11
3 years	$71	$44
5 years	$124	$85
10 years	$280	$206