<SEC-DOCUMENT>0000878467-15-000669-index.html : 20151001
<SEC-HEADER>0000878467-15-000669.hdr.sgml : 20151001
<ACCEPTANCE-DATETIME>20151001104904
ACCESSION NUMBER:		0000878467-15-000669
CONFORMED SUBMISSION TYPE:	497K
PUBLIC DOCUMENT COUNT:		5
FILED AS OF DATE:		20151001
DATE AS OF CHANGE:		20151001
EFFECTIVENESS DATE:		20151001

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Variable Insurance Products Fund V
		CENTRAL INDEX KEY:			0000823535
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			MA
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		497K
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	033-17704
		FILM NUMBER:		151135880

	BUSINESS ADDRESS:	
		STREET 1:		245 SUMMER STREET
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02210
		BUSINESS PHONE:		617-563-7000

	MAIL ADDRESS:	
		STREET 1:		245 SUMMER STREET
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02210

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	FIDELITY BOSTON STREET TRUST
		DATE OF NAME CHANGE:	19951101

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SPARTAN U S TREASURY MONEY MARKET FUND
		DATE OF NAME CHANGE:	19920703

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	FIDELITY U S TREASURY MONEY MARKET FUND L P
		DATE OF NAME CHANGE:	19900828
<SERIES-AND-CLASSES-CONTRACTS-DATA>
<EXISTING-SERIES-AND-CLASSES-CONTRACTS>
<SERIES>
<OWNER-CIK>0000823535
<SERIES-ID>S000017670
<SERIES-NAME>Freedom 2010 Portfolio
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000048824
<CLASS-CONTRACT-NAME>Initial Class
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000048825
<CLASS-CONTRACT-NAME>Service Class
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000048826
<CLASS-CONTRACT-NAME>Service Class 2
</CLASS-CONTRACT>
</SERIES>
</EXISTING-SERIES-AND-CLASSES-CONTRACTS>
</SERIES-AND-CLASSES-CONTRACTS-DATA>
</SEC-HEADER>
<DOCUMENT>
<TYPE>497K
<SEQUENCE>1
<FILENAME>main.htm
<TEXT>
Document 1 - file: main.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>2
<FILENAME>qqq150172.gif
<TEXT>
Document 2 - file: qqq150172.gif

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>qqq150174.jpg
<TEXT>
Document 3 - file: qqq150174.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>4
<FILENAME>qqq150176.jpg
<TEXT>
Document 4 - file: qqq150176.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>5
<FILENAME>qqq150178.jpg
<TEXT>
Document 5 - file: qqq150178.jpg

</DOCUMENT>
</SEC-DOCUMENT>