497K 1 filing8311.htm PRIMARY DOCUMENT
Supplement to the
Fidelity® Variable Insurance Products
FundsManager 60% Portfolio
Service Class and Service Class 2
April 29, 2024
Summary Prospectus
 
 
The following information replaces similar information found in the "Fund Summary" section under the "Principal Investment Strategies" heading.
  • Normally investing in a combination of underlying Fidelity® retail and Variable Insurance Products (VIP) mutual funds and exchange-traded funds (underlying Fidelity® funds).
The following information supplements information found in the "Fund Summary" section under the "Principal Investment Risks" heading.
  • Investing in Exchange Traded Funds (ETFs).
ETFs may trade in the secondary market at prices below the value of their underlying portfolios and may not be liquid. ETFs that track an index are subject to tracking error and may be unable to sell poorly performing assets that are included in their index or other benchmark.
VIPFM-60-SUSTK-1124-101
1.9911088.101
November 29, 2024
Supplement to the
Fidelity® Variable Insurance Products
FundsManager 60% Portfolio
Investor Class
April 29, 2024
Summary Prospectus
 
 
The following information replaces similar information found in the "Fund Summary" section under the "Principal Investment Strategies" heading.
  • Normally investing in a combination of underlying Fidelity® retail and Variable Insurance Products (VIP) mutual funds and exchange-traded funds (underlying Fidelity® funds).
The following information supplements information found in the "Fund Summary" section under the "Principal Investment Risks" heading.
  • Investing in Exchange Traded Funds (ETFs).
ETFs may trade in the secondary market at prices below the value of their underlying portfolios and may not be liquid. ETFs that track an index are subject to tracking error and may be unable to sell poorly performing assets that are included in their index or other benchmark.
VIPFM-60-INV-SUSTK-1124-101
1.9911087.101
November 29, 2024