Page 27 - Forbes - USA (October 2019)

and streaming video. All in one place.

The Communication Services sector

FBMPX Zero minimum to invest is now 10% of the S&P 5003 and
Fidelity® Select Communication Services Portfolio
includes big-name digital companies
that could be poised for growth.

FCOM Lowest cost sector ETF in the industry 1, 2
Fidelity® MSCI Communication Services ETF Our Fidelity® Communication Services
Fund and ETF can provide exposure to
this growth potential.

Fidelity.com/commservices

800.Fidelity or call your advisor

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 fluctuation 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 offering 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. 878349.1.0