Important Performance & Legal Information


Important Index Information

The Dow Jones U.S. Total Stock Market IndexSM is a market capitalization-weighted index of substantially all equity securities of the U.S.-headquartered companies with readily available price data.

The Merrill Lynch U.S. High Yield Master II Constrained Index is a market value-weighted index of all domestic and yankee high-yield bonds, including deferred interest bonds and payment-in-kind securities. Issues included in the index have maturities of one year or more and have a credit rating lower than BBB-/Baa3, but are not in default. The Merrill Lynch U.S. High Yield Master II Constrained Index limits any individual issuer to a maximum of 2% benchmark exposure.

The Bloomberg/Barclays U.S. Aggregate Bond Index is a market value-weighted index of taxable investment-grade fixed-rate debt issues, including government, corporate, asset-backed and mortgage-backed securities, with maturities of one year or more. The index is designed to represent the performance of the U.S. investment-grade fixed-rate bond market.

The Russell 3000® Value Index is a market capitalization-weighted index of those stocks of the 3,000 largest U.S.-domiciled companies that exhibit value-oriented characteristics.

The Russell 3000® Index is a market capitalization-weighted index of stocks of the 3,000 largest U.S.-domiciled companies.

The Russell 3000® Growth Index is a market capitalization-weighted index of stocks of the 3,000 largest U.S.-domiciled companies that exhibit growth-oriented characteristics.

The Standard and Poor’s 500 Index (S&P 500) is a market capitalization-weighted index of 500 common stocks chosen for market size, liquidity and industry group representation to represent U.S. equity performance. “Standard & Poor’s 500” is a trademark of The McGraw-Hill Companies, Inc. and has been licensed for use by Fidelity Distributors Corporation.

The Morgan Stanley Capital International Europe, Australasia and Far East Index (MSCI EAFE Index®) is a market capitalization-weighted index of equity securities of companies domiciled in various countries. The Index is designed to represent the performance of developed stock markets outside the United States and Canada and excludes certain market segments unavailable to U.S.-based investors. Index returns for periods after January 1, 1997, are adjusted for tax withholding rates applicable to U.S.-based mutual funds organized as Massachusetts business trusts.

The Bloomberg/Barclays 3-Month U.S. Treasury Bill Index is a market value-weighted index of investment-grade fixed-rate public obligations of the U.S. Treasury with maturities of three months, excluding zero-coupon strips.

The MSCI All Country World Index (ACWI) is a market capitalization index that is designed to measure the investable equity market performance for global investors of developed and emerging markets. You cannot invest directly in an index/benchmark.

The MSCI All Country World Index (ACWI) ex USA ESG Index is a capitalization-weighted index that provides exposure to companies with high environmental, social and governance (ESG) performance relative to their sector peers, as rated by MSCI ESG Research.

The MSCI USA ESG Index represents the performance of stocks of large- to mid-capitalization U.S. companies with high environmental, social and governance (ESG) performance relative to their sector peers, as rated by MSCI ESG Research.

The MSCI ACWI Index (Net) is a free float-adjusted market capitalization index that is designed to measure the equity market performance of developed and emerging markets. The MSCI ACWI consists of 45 country indices comprising 24 developed and 21 emerging market country indices. It is not possible to invest directly in the index. Performance data shown for the index is net of dividend tax withholding.

Other Legal Information

The pool returns of Fidelity Charitable® are based on the total returns of the mutual fund(s) in the pool and net of the Fidelity Charitable annual administrative fee. The total return of each mutual fund is updated monthly, and includes changes in share price and reinvestment of dividend and capital gains, and the effect of the fund’s management fee and other expenses. Share price and return will vary. During some of the periods reported, Fidelity Investments® was reimbursing a portion of fund expenses. Absent such reimbursement, total returns would have been lower.

The underlying mutual fund(s) of these investment pools are subject to varying fees and expenses, which may change, and which may affect the daily net asset values of the mutual fund(s) within the pool. These funds may pay all or a portion of these fees and expenses (not in addition to that fund’s fees and expenses reflected in its NAV) to Fidelity Management & Research Company and its affiliates for services and expenses relating to fund management, administration, distribution or other expenses. Additional information regarding the underlying mutual fund(s), including fees and expenses, is available in each underlying fund’s prospectus.

Fidelity Investments mutual funds are managed by Fidelity Management Research Company. Geode Capital Management, LLC is a sub-advisor to Fidelity Investments for certain index mutual funds.

Non-Fidelity Investments mutual funds are managed by various companies, independent from and not affiliated with Fidelity Investments.

Strategic Advisers, Inc., a Registered Investment Adviser, is the investment manager for the Fidelity Charitable pools.

Fidelity Charitable is the brand name for the Fidelity® Charitable Gift Fund, an independent public charity with a donor-advised fund program. Various Fidelity companies provide investment management and administrative services to Fidelity Charitable. The Fidelity Charitable logo is a service mark of the Trustees of Fidelity Charitable. Fidelity and Fidelity Investments are registered service marks of FMR LLC, used by Fidelity Charitable under license.