Bloomberg Businessweek - USA (2019-11-18)

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Fidelity.com/commservices

800.Fidelityorcallyouradvisor

TheCommunicationServicessector

is now10%oftheS&P 5003 and

includesbig-namedigitalcompanies

thatcouldbepoisedforgrowth.

OurFidelity®CommunicationServices

Fund and ETFcanprovideexposureto

thisgrowthpotential.

FBMPX Zero minimum to invest

Fidelity® Select Communication Services Portfolio

FCOM Lowest cost sector ETF in the industry1 , 2

Fidelity® MSCI Communication Services ETF

(^1) Lowest cost claim based on fund expense ratios only. FCOM expense ratio, .084%. Expense ratio is the total annual fund operating expense ratio
from the fund’s most recent prospectus.
(^2) Expense ratio data as of 3/29/2019. Based on a comparison of total expense ratios for U.S. communication services sector-level ETFs with similar
holdings and investment objectives, within the universe of 12 U.S. ETFs in the Morningstar Communications category.
ETFs are subject to market fl uctuation and the risks of their underlying investments. ETFs are subject to management fees and other expenses.
Unlike mutual funds, ETF shares are bought and sold at market price, which may be higher or lower than their NAV, and are not individually
redeemed from the fund.
Zero minimums generally apply to Fidelity share classes that previously required investment minimums of $10k or less and for stock and bond index
fund classes that previously had minimums of up to $100 million. Some Fidelity mutual funds have minimum investment requirements. Other fees
and expenses may apply to continued investment as described in the fund’s current prospectus. See the fund’s prospectus for details.
As of 11/30/2018, this fund changed its name from Fidelity Select Telecommunication Services Portfolio.
(^3) Source: Standard & Poor’s, FactSet, as of June 30, 2018.
Because of their narrow focus, sector investments tend to be more volatile than investments that diversify across many sectors and companies.
Before investing in any mutual fund or exchange-traded fund, you should consider its investment objectives,
risks, charges, and expenses. Contact Fidelity for a prospectus, an off ering circular, or, if available, a summary
prospectus containing this information. Read it carefully.
Fidelity Brokerage Services LLC, Member NYSE, SIPC. © 2019 FMR LLC. All rights reserved. 878349.1.