Fidelity International Real Estate Fund

(FIREX)

No Transaction Fee¹

Expense Ratio: as of 10/09/2009	1.19%
Expense Ratio after Reductions: as of 07/31/2009	1.16%
Lipper Intl Real Estate Avg. Most recent data available	1.51%
Small Balance Fee ²
Short-term Redemption Fee	1.50%
Short-term Redemption Period	90

See prospectus for more information on Fees, Expenses & Loads.

Minimum Initial Investment³	$ 2,500
Minimum Retirement	$ 2,500
Minimum Additional Investment	$ 0
Minimum Automatic Account Builder	$ 0
Minimum Balance	$ 2,000
Retirement Accounts	Yes
Check Writing	No
Direct Deposit	Yes
Direct Deposit Minimum	$0
Automatic Account Builder	Yes
Exchange Redemptions Maximum in a year	Yes
Simple IRA	Yes

You can receive a prospectus from Fidelity by mail.

as of 10/31/2009

Dividends:	September, December
Capital Gains:	September, December

Dividends (Distributed September, December)
Date	Per Share Amount	Reinvestment Price
09/08/2006	$0.160000	$14.37
12/15/2006	$0.060000	$16.06
09/07/2007	$0.202000	$14.53
12/21/2007	$0.106000	$13.17

Capital Gains (Distributed September, December)
Date	Per Share Amount	Reinvestment Price
09/08/2006	$0.710000	$14.37
12/15/2006	$0.710000	$16.06
09/07/2007	$0.780000	$14.53
12/21/2007	$0.720000	$13.17

No Transaction Fee Fidelity funds are available without paying a trading fee to Fidelity or a sales load to the fund. However, the fund may charge a short-term trading or redemption fee to protect the interests of long-term shareholders of the fund. See Expenses & Fees for more information.
Fidelity may deduct a small balance maintenance fee of $12.00 from a fund balance with a value less than $2,000. Fund positions opened after September 30 will not be subject to the fee for that calendar year. This fee will not be deducted from fund positions opened after January 1 of that calendar year if those positions use regular investment plans. Refer to the fund prospectus for details.
Minimum investment for SEP-IRAs or Keoghs is $500.




	Before investing, consider the fund's investment objectives, risks, charges and expenses. Contact Fidelity for a prospectus containing this information. Read it carefully.

Expenses & Fees (FIREX)