SCHEDULE 14A INFORMATION | ||||
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PROXY STATEMENT PURSUANT TO SECTION 14(a) | ||||
OF THE SECURITIES EXCHANGE ACT OF 1934 | ||||
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| Filed by the Registrant | [X] | ||
| Filed by a Party other than the Registrant | [ ] | ||
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Check the appropriate box: | ||||
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[ ] | Preliminary Proxy Statement | |||
[ ] | Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) | |||
[ ] | Definitive Proxy Statement | |||
[X] | Definitive Additional Materials | |||
[ ] | Soliciting Material under Rule 14a-12 | |||
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| Fidelity Concord Street Trust | |||
| (Name of Registrant as Specified In Its Charter) | |||
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Payment of Filing Fee (Check the appropriate box): | ||||
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[X] | No fee required. | |||
[ ] | Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11. | |||
| (1) | Title of each class of securities to which transaction applies: | ||
| (2) | Aggregate number of securities to which transaction applies: | ||
| (3) | Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11: | ||
| (4) | Proposed maximum aggregate value of transaction: | ||
| (5) | Total Fee Paid: | ||
[ ] | Fee paid previously with preliminary materials. | |||
[ ] | Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing. | |||
| (1) | Amount Previously Paid: | ||
| (2) | Form, Schedule or Registration Statement No.: | ||
| (3) | Filing Party: | ||
| (4) | Date Filed: |
(photo_of_James_C_Curvey)
Proxy Materials
PLEASE CAST YOUR VOTE NOW!
Fidelity Congress Street Fund
Fidelity Exchange Fund
Dear Shareholder:
A special meeting of shareholders of each of the Fidelity funds mentioned above will be held on March 15, 2011. The purpose of the meeting is to provide you with the opportunity to vote on an important proposal that affects the fund(s) you own. As a shareholder, you have the opportunity to voice your opinion on the matters that affect your fund(s). This package contains information about the proposal and the materials to use when casting your vote.
Please read the enclosed materials and cast your vote on the proxy card(s).Please vote your shares promptly. Your vote is extremely important, no matter how large or small your holdings may be.
The proposal has been carefully reviewed by the Board of Trustees of each fund. The Trustees, most of whom are not affiliated with Fidelity, are responsible for protecting your interests as a shareholder. The Trustees believe each proposal is in the interests of shareholders. They recommend that you votefor the proposal affecting the fund(s) you own.
The following Q&A is provided to assist you in understanding the proposal for each fund. The proposals are described in greater detail in the enclosed proxy statement.
Voting is quick and easy. Everything you need is enclosed. To cast your vote, simply complete the proxy card(s) enclosed in this package. Be sure to sign the card(s) before mailing it in the postage-paid envelope. You may also vote your shares by touch-tone telephone or through the Internet. Simply call the toll-free number or visit the web site indicated on your proxy card(s), enter the control number found on the card(s), and follow the recorded or online instructions.
If you have any questions before you vote, please call Fidelity at 1-800-544-8544. We'll be glad to help you get your vote in quickly. Thank you for your participation in this important initiative.
Sincerely,
(The acting chairman's signature appears here.)
James C. Curvey
Acting Chairman
Important information to help you understand and vote on the proposal
Please read the full text of the proxy statement. Below is a brief overview of the proposal to be voted upon. Your vote is important. We appreciate you placing your trust in Fidelity and look forward to helping you achieve your financial goals.
What proposal am I being asked to vote on?
Depending on which of the two funds you own, you are being asked to vote on either a merger between Fidelity Congress Street Fund and Spartan® 500 Index Fund or a merger between Fidelity Exchange Fund and Spartan® 500 Index Fund. Specifically, you are being asked to approve an Agreement and Plan of Reorganization (the Agreement) that provides for the transfer of all of the assets of the acquired fund (Fidelity Congress Street Fund or Fidelity Exchange Fund, as applicable) to Spartan® 500 Index Fund in exchange solely for shares of beneficial interest of Spartan® 500 Index Fund and the assumption by Spartan® 500 Index Fund of the acquired fund's liabilities. Spartan® 500 Index Fund shares then will be distributed to shareholders of the acquired fund following liquidation of the acquired fund.
Has the fund's Board of Trustees approved both merger proposals?
Yes. Each fund's Board of Trustees has unanimously approved these proposals and recommends that you vote to approve the applicable merger. It will not be necessary for both mergers to be approved for either one of them to occur.
What are the reasons for, and advantages of, the proposed merger?
Fidelity Congress Street Fund and Fidelity Exchange Fund are self-liquidating by design, in that they have allowed redemptions but not new purchases ever since their initial subscription periods closed more than 30 years ago. As shareholders have gradually redeemed over the years, the remaining shareholders owned a larger and larger proportion of each fund. While this has not been problematic to date, the situation creates the potential for future disruption, so Fidelity believes it is time to merge each fund into a similar fund.
The proposed mergers would provide each fund's shareholders with a new portfolio containing holdings with similar overall characteristics to their existing investment. However the resulting portfolio would be much larger and have lower expenses. If the mergers are approved, shareholders from each fund are expected to benefit from a decrease of approximately 0.43% in net expenses (from 0.50% for each fund currently to 0.07% for Spartan® 500 Index Fund - Advantage Class).
In addition, Fidelity Congress Street Fund and Fidelity Exchange Fund shareholders would also benefit by having a more convenient, timely and cost-effective redemption process as Fidelity Congress Street Fund and Fidelity Exchange Fund typically pay redemption proceeds in kind (i.e., in securities), whereas Spartan® 500 Index Fund typically pays cash.
Do the funds being merged have similar investment objectives and policies?
The funds have some differences in their investment objectives and strategies, as described in the proxy statement. Unlike Fidelity Congress Street Fund and Fidelity Exchange Fund, the Spartan® 500 Index Fund is not, by design, sensitive to the potential impact of federal income tax on shareholders' investment returns. However, as an index fund, Spartan 500 Index Fund has historically tended to have low portfolio turnover and therefore low capital gains distributions.
Who is the fund manager for Spartan® 500 Index Fund?
Fidelity Management & Research Company (FMR) is the fund's manager. Geode Capital Management, LLC, sub-adviser to Spartan® 500 Index Fund, chooses the fund's investments and places orders to buy and sell the fund's investments. Jeffrey Adams is lead portfolio manager of Spartan® 500 Index Fund, and has been a senior portfolio manager with Geode since September 2003. Lou Bottari, Maximilian Kaufmann, Bobe Simon, and Patrick Waddell are portfolio managers of the fund.
Whobears the expenses associated with the merger?
Typically in the case of merger proposals, shareholders of the acquired fund bear the merger-related costs. However, in this case, FMR will bear the non-investments related costs of the reorganizations as a result of the voluntary expense caps already in place for Fidelity Congress Street and Fidelity Exchange Funds.
How will you determine the number of shares of Spartan® 500 Index Fund that I will receive?
As of the close of business of the New York Stock Exchange on the Closing Date of the merger, the number of shares to be issued will be based on the relative net asset values of each fund at the time of the exchange. The anticipated Closing Date is April 15, 2011.
Is the merger considered a taxable event to shareholders for federal income tax purposes?
No. Each fund will receive an opinion of counsel that the merger will not result in any gain or loss for federal income tax purposes to the shareholders of either fund.
What if there are not enough votes to reach quorum by the scheduled shareholder meeting date or if the proposal is not approved?
To facilitate receiving a sufficient number of votes, we may need to take further action. D.F. King & Co., Inc., a proxy solicitation firm, or Fidelity, may contact you by mail or telephone. Therefore, we encourage shareholders to vote as soon as they review the enclosed proxy materials to avoid additional mailings or telephone calls.
Ifthere are not sufficient votes to approve your fund's proposal by the time of your Shareholder Meeting (March 15, 2011), the meeting may be adjourned to permit further solicitation of proxy votes.
Please be advised that if shareholders of each fund do not approve the proposal, FMR and the Board of Trustees may consider other proposals for Reorganization or liquidation of the fund.
What role does the Board play?
The Trustees serve as the fund shareholders' representatives. Members of the Board are fiduciaries and have an obligation to serve the best interests of shareholders, including approving policy changes. In addition, the Trustees review fund performance, oversee fund activities, and review contractual arrangements with companies that provide services to the fund.
What is the affiliation of the Board and Fidelity?
The Board of each fund consists of 10 individuals. The purpose of the Board is to ensure that the shareholders' best interests are protected in the operation of a mutual fund. There are two "Interested" trustees and eight "Independent" trustees on each fund's board. Trustees are determined to be "Interested" by virtue of, among other things, their affiliation with the funds, trust, or various other entities under common control with FMR. Interested Trustees are compensated by FMR. Independent Trustees have no affiliation with FMR and are compensated by each individual fund.
D.F. King & Co., Inc. is a third party proxy vendor that Fidelity hires to call shareholders and record proxy votes. In order to hold a shareholder meeting, quorum must be reached - which is one-third of the shares entitled to vote in person or by proxy at the shareholder meeting. If quorum is not attained, the meeting may adjourn to a future date. Fidelity attempts to reach shareholders via multiple mailings to remind them to cast their vote. As the meeting approaches, phone calls may be made to clients who have not yet voted their shares so that the shareholder meeting does not have to be postponed.
Voting your shares immediately will help minimize additional solicitation expenses and prevent the need to make a call to you to solicit your vote.
How many votes am I entitled to cast?
As a shareholder, you are entitled to one vote for each dollar of net asset value you own of the fund on the record date. The record date is January 18, 2011.
How do I vote my shares?
You can vote your shares by completing and signing the enclosed proxycard(s) and mailing it in the enclosed postage-paid envelope. You may also vote by touch-tone telephone by calling the toll-free number printed on your proxy card(s) and following the recorded instructions. In addition, you may vote through the internet by visiting the web site indicated on your proxy card and following the on-line instructions. If you need any assistance, or have any questions regarding the proposals or how to vote your shares, please call Fidelity at 1-800-544-8544.
How do I sign the proxy card?
Individual Accounts: Shareholders should sign exactly as their names appear on the account registration shown on the card.
Joint Accounts: Either owner may sign, but the name of the person signing should conform exactly to a name shown in the registration.
All Other Accounts: The person signing must indicate his or her capacity. For example, a trustee for a trust or other entity should sign, "Ann B. Collins, Trustee."
EXCON-pxl-1210 1.923283.100
Form of Proxy Card: Fidelity Congress Street Fund
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Vote this proxy card TODAY! Your prompt response will save the expense of additional mailings. |
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| LOG-ON: | Vote on the internet atwww.2voteproxy.com/proxyand follow the on-screen instructions. |
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| CALL: | To vote by phone call toll-free1-800-597-7836 and follow the recorded instructions. |
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| MAIL: | Return the signed proxy card in the enclosed envelope. |
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[FUND NAME Prints Here]
PROXY SOLICITED BY THE TRUSTEES
The undersigned, revoking previous proxies, hereby appoint(s) James C. Curvey, Margaret A. Carey,and Dennis J. Dirks, or any one or more of them, attorneys, with full power of substitution, to vote all shares of the fund as indicated above which the undersigned is entitled to vote at the Special Meeting of Shareholders of the fund to be held at an office of the trust at 245 Summer Street, Boston, MA 02210, on March 15, 2011 at 9:00 a.m. Eastern Time and at any adjournments thereof. All powers may be exercised by a majority of said proxy holders or substitutes voting or acting or, if only one votes and acts, then by that one. This Proxy shall be voted on the proposal described in the Proxy Statement as specified on the reverse side. Receipt of the Notice of the Meeting and the accompanying Proxy Statement is hereby acknowledged.
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........................................................................... | .................................................. | PLEASE SIGN, DATE, AND RETURN PROMPTLY IN ENCLOSED ENVELOPE IF YOU ARE NOT VOTING BY PHONE OR INTERNETDated_______________ |
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Signature(s) (Title(s), if applicable) (Sign in the Box) NOTE: Please sign exactly as your name appears on this Proxy. When signing in a fiduciary capacity, such as executor, administrator, trustee, attorney, guardian, etc., please so indicate. Corporate or partnership proxies should be signed by an authorized person indicating the person's title. | |
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........................................................................... | ........................................................................... | FIDELITY CONGRESS STREET FUND
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Please refer to the Proxy Statement discussion of this matter.
IF THE PROXY IS SIGNED, SUBMITTED, AND NO SPECIFICATION IS MADE, THE PROXY SHALL BE VOTEDFOR THE PROPOSAL.
As to any other matter, said attorneys shall vote in accordance with their best judgment.
THE BOARD OF TRUSTEES RECOMMENDS A VOTEFOR THE FOLLOWING:
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1. | To approve an Agreement and Plan of Reorganization providing for the transfer of all of the assets of Fidelity Congress Street Fund to Spartan® 500 Index Fund in exchange solely for shares of beneficial interest of Spartan 500 Index Fund and the assumption by Spartan 500 Index Fund of Fidelity Congress Street Fund's liabilities, in complete liquidation of Fidelity Congress Street Fund. | (_) | (_) | (_) |
| PLEASE SIGN ON REVERSE SIDE |
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Form of Proxy Card: Fidelity Exchange Fund
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Vote this proxy card TODAY! Your prompt response will save the expense of additional mailings. |
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| CALL: | To vote by phone call toll-free1-800-597-7836 and follow the recorded instructions. |
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[FUND NAME Prints Here]
PROXY SOLICITED BY THE TRUSTEES
The undersigned, revoking previous proxies, hereby appoint(s) James C. Curvey, Margaret A. Carey,and Dennis J. Dirks, or any one or more of them, attorneys, with full power of substitution, to vote all shares of the fund as indicated above which the undersigned is entitled to vote at the Special Meeting of Shareholders of the fund to be held at an office of the trust at 245 Summer Street, Boston, MA 02210, on March 15, 2011 at 9:00 a.m. Eastern Time and at any adjournments thereof. All powers may be exercised by a majority of said proxy holders or substitutes voting or acting or, if only one votes and acts, then by that one. This Proxy shall be voted on the proposal described in the Proxy Statement as specified on the reverse side. Receipt of the Notice of the Meeting and the accompanying Proxy Statement is hereby acknowledged.
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........................................................................... | .................................................. | PLEASE SIGN, DATE, AND RETURN PROMPTLY IN ENCLOSED ENVELOPE IF YOU ARE NOT VOTING BY PHONE OR INTERNETDated_______________ |
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Signature(s) (Title(s), if applicable) (Sign in the Box) NOTE: Please sign exactly as your name appears on this Proxy. When signing in a fiduciary capacity, such as executor, administrator, trustee, attorney, guardian, etc., please so indicate. Corporate or partnership proxies should be signed by an authorized person indicating the person's title. | |
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........................................................................... | ........................................................................... | FIDELITY EXCHANGE FUND
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Please refer to the Proxy Statement discussion of this matter.
IF THE PROXY IS SIGNED, SUBMITTED, AND NO SPECIFICATION IS MADE, THE PROXY SHALL BE VOTEDFOR THE PROPOSAL.
As to any other matter, said attorneys shall vote in accordance with their best judgment.
THE BOARD OF TRUSTEES RECOMMENDS A VOTEFOR THE FOLLOWING:
Please fill in box(es) as shown using black or blue ink or number 2 pencil. [X] PLEASE DO NOT USE FINE POINT PENS. | ||||||
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2. | To approve an Agreement and Plan of Reorganization providing for the transfer of all of the assets of Fidelity Exchange Fund to Spartan 500® Index Fund in exchange solely for shares of beneficial interest of Spartan 500 Index Fund and the assumption by Spartan 500 Index Fund of Fidelity Exchange Fund's liabilities, in complete liquidation of Fidelity Exchange Fund. | (_) | (_) | (_) |
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Buckslip to be sent to a shareholder that has consented to receive proxy solicitations electronically but in attempting to deliver an email failure occurred:
We were unable to notify you electronically of the availability of important Proxy Materials for a Fidelity fund maintained in your account. We attempted to send the notice to your e-mail address, as reflected on our records. That e-mail address appears to be invalid.
To correct your e-mail address, please visithttp://www.investordelivery.com/proxy and follow the on-line instructions. To do this, you will need your Enrollment Number and PIN.
If you do not remember your Enrollment Number or PIN, please visithttp://www.2voteproxy.com/proxy and follow the on-line instructions for enrolling for electronic delivery of Proxy Materials. To do this, you will need your Control Number from the enclosed proxy card.
Because we were unable to send the notice to you electronically, we are sending this notice and the related Proxy Materials (enclosed) to you in paper form. You will continue to receive Proxy Materials in paper form until you provide us with a valid e-mail address by one of the methods described above. You will start receiving electronic Proxy Materials again once you have provided us with a valid e-mail address.
Please read the enclosed Proxy Materials and vote your shares promptly. Your vote is extremely important, no matter how large or small your holdings may be.
Form of D.F. King email to be sent to a shareholder that has consented to receive proxy solicitations electronically
You have elected to receive Proxy Materials via the Internet. This e-mail notification contains information relating to Proxy Materials that are available for the Fidelity fund(s) that are maintained in your account and that are identified below. Please read these instructions carefully before proceeding.
NOTICE OF AVAILABILITY OF IMPORTANT PROXY MATERIALS:
Proxy Materials are available for the following shareholders' meeting.
[Insert Trust Name]
Special Meeting of Shareholders
Meeting date: [Month]/[Date]/[Year]
[If the original meeting has been adjourned to a new date the e-mail will include:Adjourned meeting date: [Month]/[Date]/[Year]
For shareholders as of: [Month]/[Date]/[Year]
You can access these Proxy Materials at the following Web address[es]:
LETTER TO SHAREHOLDERS, NOTICE OF MEETING, and PROXY STATEMENT: http://www.XXXXXXXXXX
[If proxy materials are for a merger proxy the email will also include:PROSPECTUS: http://www.XXXXXXXXXX]
[If proxy materials include a 35d-1 Notice (Name Test Policy Buckslip) the email will also include:[insert FUND NAME] BUCKSLIP: http://www.XXXXXXXXXX]
If your e-mail software supports it, you can simply click on the above link[s]. If not, you can type (or copy and paste) the Web address[es] into the address line of your Web browser.
HOW TO VOTE:
Because electronic Proxy Materials do not include a proxy card that you can mail in, you will need to cast your vote through the Internet or by touchtone telephone. Either way, you will need the CONTROL number(s) below.
TRUST NAME: FUND NAME -
[TRUST NAME: FUND NAME PRINTS HERE]
CONTROL NUMBER: XXXXX (use this number to cast your vote)
[TRUST NAME: FUND NAME -
[TRUST NAME: FUND NAME PRINTS HERE]]
[CONTROL NUMBER: XXXXX] (use this number to cast your vote)
To vote through the Internet, visithttp://www.2voteproxy.com/eproxy and follow the on-line instructions.
To vote by touchtone telephone, call 1-800-597-7836 and follow the recorded instructions.
ADDITIONAL INFORMATION:
To access the electronic Proxy Materials, you may need Adobe Acrobat Reader software. This software is available for download at no cost athttp://www.adobe.com. Downloading time may be slow.
If you are invested in a Fidelity fund and have technical questions about viewing, saving, or printing your Proxy Materials, please call 1-800-544-6666 and press "0" to speak to a Fidelity Representative. Operating hours are Monday through Friday 8:00 am to 12:00 am ET, and Saturday 8:00 am to 6:30 pm ET.
If you are invested in a Fidelity Advisor Fund and have technical questions about viewing, saving, or printing your Proxy Materials, please call 1-877-208-0098. Operating hours are Monday through Friday 8:30 am to 7:00 pm ET.
To request a paper copy of Proxy Materials relating to a Fidelity fund, please contact Fidelity at the toll-free telephone number listed in the electronic Proxy Materials.
To update your enrollment information or cancel your enrollment, please go to:http://www.investordelivery.com/proxy, enter your enrollment number and PIN, and follow the on-line instructions for updating or canceling your enrollment.
National Financial Services LLC
Fidelity Investments Institutional Operations Company, Inc.
FORM OF
SCRIPT FOR REGISTERED SHAREHOLDER TOUCH-TONE TELEPHONE VOTING
FIDELITY INVESTMENTS
(D.F. King Version)
Speech 1 |
Welcome. - (Spoken only when call initially answered) Please enter the control number located in the box on the upper portion of your proxy card. |
Speech 2 |
To vote as the[Fund Name]Board of Trustees recommends on [the/all] proposal[s], press 1 now. To vote on [the/each] proposal separately, press 0 now. |
If user presses 1 go to Closing A, ELSEIF caller presses 0 go to Speech 3
Closing A |
You voted as the Board of Trustees recommended for [the/every] proposal affecting your fund. If correct, press 1. If incorrect, press 0. |
If the user presses 1 go to Speech 8, ELSEIF caller presses 0 go to Speech 2
Speech 3 |
Proposal 1: To vote FOR, press 1; AGAINST, press 9, ABSTAIN, press 0 |
Go to Closing B
Speech 4 |
Proposal 2: To vote FOR, press 1; AGAINST, press 9, ABSTAIN, press 0 |
Go to Closing B
Speech 5 |
Proposal 3: To vote FOR all nominees, press 1. To WITHHOLD for all nominees, press 9. To WITHHOLD for an individual nominee, press 0.
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If caller presses 0 go to Speech 5a, ELSEIF go to Closing B
Speech 5a |
Enter the two-digit number that appears next to the nominee you DO NOT wish to vote for. |
Speech 5b |
Press 1 to withhold for another nominee or Press 0 if you have completed voting for Trustees. |
If caller presses 1 go to Speech 5a, ELSEIF the caller presses 0 go to Closing B
Speech 6 |
Proposal 4: To vote FOR, press 1; AGAINST, press 9, ABSTAIN, press 0 |
Go to Closing B
Speech 7 |
Proposal 5: To vote FOR, press 1; AGAINST, press 9, ABSTAIN, press 0 |
Go to Closing B
FORM OF
SCRIPT FOR REGISTERED SHAREHOLDER TOUCH-TONE TELEPHONE VOTING
FIDELITY INVESTMENTS
(D.F. King Version)
Closing B |
Your vote(s) [has/have] been cast as follows: (Vote for each proposal is given).
If this is correct, Press 1. If incorrect, Press 0. |
If caller presses 1 go to Speech 8, ELSEIF the caller presses 0 go to Speech 2
Speech 8 |
If you have received more than one proxy card, you must vote each card separately. If you would like to vote another proxy, press 1 now. To end this call, press 0 now. |
If caller presses 1 go to Speech 1, ELSEIF the caller presses 0 go to Speech 9
Speech 9 |
Thank you for voting. |
FORM OF
SCREEN SCRIPT FOR REGISTERED SHAREHOLDER INTERNET VOTING
FIDELITY INVESTMENTS
D.F. King Version
[Upon login to www.2voteproxy.com/proxy shareholder sees Screen 1]
SCREEN 1
Text 1 - (centered)
Internet Proxy Voting Service
Input A
Please Enter Control Number from Your ProxyCard:
Input B
Check here [ ] to vote all proposals as the Board recommends,
then click the VOTE button below.
-OR-
Input C
To vote each proposal separately, click the VOTE button only.
[VOTE]
Input D
To enroll for electronic delivery, without voting your proxy, please enter your control number above and click[ENROLL]
Input E
Note: Electronic Proxy Materials may not be available for all of your securities and accounts.
Graphic I - Example Proxy Card (left justified)
Text 2 - (right justified)
2voteproxy.com is a service of:
The Colbent Corporation
Full service proxy specialists
This site is best viewed using
Internet Explorer Versions 6.0 or higher
using a display resolution of 800 X 600 or higher.
Graphic II - (right justified)
[Upon input of control number and selection of input B or input C shareholder is directed to 2voteproxy Voting Ballot (Screen 2) ]
SCREEN 2
Text 1 - (centered)
Internet Proxy Voting Service
Proxy Voting Form
Fidelity Investments
[Trust Name: Fund Name]
Text 2 - (centered)
THE BOARD OF TRUSTEES RECOMMENDS A VOTEFOR EACH OF THE FOLLOWING:
Input A - (left justified)
Proposal 1. | [Title of proposal to be inserted] | [FOR][AGAINST][ABSTAIN] |
Input B - (left justified)
Proposal 2. | [Title of proposal to be inserted] | [FOR][AGAINST][ABSTAIN] |
Input C - (left justified)
Proposal 3. | [Title of proposal to be inserted] | [FOR all nominees][WITHHOLD AUTHORITY to vote for all nominees] [FOR ALL NOMINEES (Except as indicated)] |
Input D - (left justified)
Proposal 4. | [Title of proposal to be inserted] | [FOR][AGAINST][ABSTAIN] |
Input E - (left justified)
Proposal 5. | [Title of proposal to be inserted] | [FOR][AGAINST][ABSTAIN] |
Text 3 - (centered)
Please refer to the proxy statement for discussion of [each of these/this] matter[s].
If no specification is made on a proposal, the proposal will be voted "For".
Input F - (centered)
You will have an opportunity to confirm that your selections were properly recorded after you submit your vote. If you would like to receive an email confirmation, enter your email address here:
Text 4- (centered)
Please review your selections carefully before voting.
If you vote more than once on the same Proxy, only your last (most recent) vote will be considered valid.
Input G - (centered)
Click here to sign and [Submit] your proxy vote and to appoint [insert proxy agent names], or any one or more of them, attorneys, with full power of substitution, to vote all Fund shares that you are entitled to vote.
[Upon submission of vote shareholder is directed to 2voteproxy Confirmation Screen (Screen 3)]
SCREEN 3
Text 1 - (centered)
Internet Proxy Voting Service
Proxy Voting Form
Fidelity Investments
[Trust Name: Fund Name]
Thank you! Your vote has been submitted.
Text 2 - (centered)
THE BOARD OF TRUSTEES RECOMMENDS A VOTEFOR EACH OF THE FOLLOWING
Text 3 - (left justified)
Proposal 1. | [Title of proposal to be inserted] | [FOR][AGAINST][ABSTAIN] |
Proposal 2. | [Title of proposal to be inserted] | [FOR][AGAINST][ABSTAIN] |
Proposal 3. | [Title of proposal to be inserted] | [FOR all nominees][WITHHOLD AUTHORITY to vote for all nominees] [FOR all nominees (Except as indicated)] |
Proposal 4. | [Title of proposal to be inserted] | [FOR][AGAINST][ABSTAIN] |
Proposal 5. | [Title of proposal to be inserted] | [FOR][AGAINST][ABSTAIN] |
Text 4 - (centered)
Please refer to the proxy statement for discussion of [each of these/this] matter[s].
Text 5 - (centered)
[If no email confirmation was requested]: No email confirmation has been sent.
[If email confirmation was requested ]: An email with confirmation of this vote will be sent to: [email address]
Text 6 - (centered)
Note: Electronic Proxy Materials may not be available for all of your securities and accounts.
Hyperlink 1 - (centered)
[Register for Electronic Delivery]
[Directs shareholder to electronic delivery sign-up screen(s)]
Hyperlink 2 - (left justified)
[Change Vote]
[Directs shareholder to Screen 2 to change vote]
Hyperlink 3 - (centered)
[Printer Friendly Confirmation]
[If shareholder selects printer friendly confirmation, a confirmation in the following form appears that the shareholder can print]
Form Of
2voteproxy Printer Friendly Confirmation
Text - (left justified)
Internet Proxy Voting Service
Thank you! Your vote has been submitted.
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Your vote for Control Number [control number] has been submitted to
Fidelity Investments for [trust name: fund name] as follows:
Proposal 1. [proposal title].......... [FOR] [AGAINST][ABSTAIN]
Proposal 2. [proposal title].......... [FOR] [AGAINST][ABSTAIN]
Proposal 3. [proposal title].......... [FOR all nominees] [WITHHOLD AUTHORITY to vote for all nominees][FOR allnominees (Except as indicated)]
Proposal 4. [proposal title].......... [FOR] [AGAINST][ABSTAIN]
Proposal 5. [proposal title].......... [FOR] [AGAINST][ABSTAIN]
Click here to Return [When shareholder clicks he/she is returned to Screen 3]
Hyperlink 4 -(right justified)
[Vote Another Proxy]
[If shareholder selects vote another proxy he/she will return to Screen 1]
Hyperlink 5 -(centered)
[Exit Internet Proxy Voting Service]
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[If shareholder requests email confirmation, a confirmation in the following form will be sent to the designated email address]
Form Of
2voteproxy Email Confirmation
Text - (left justified)
Your vote for Control Number [control number] has been submitted to Fidelity Investments for
[trust name: fund name] as follows:
- ---------------------------------------------------------------------------------
Proposal 1. [proposal title].......... [FOR] [AGAINST][ABSTAIN]
Proposal 2. [proposal title].......... [FOR] [AGAINST][ABSTAIN]
Proposal 3. [proposal title].......... [FOR all nominees] [WITHHOLD AUTHORITY to vote for all nominees][FOR all nominees (Except as indicated)]
Proposal 4. [proposal title].......... [FOR] [AGAINST][ABSTAIN]
Proposal 5. [proposal title].......... [FOR] [AGAINST][ABSTAIN]
- ---------------------------------------------------------------------------------
Thank you for voting.
FORM OF
PROXY MATERIAL ACCESS SITE
FIDELITY INVESTMENTS
D.F. King Version
[Upon login to www.accessmyproxy.com/fidelity shareholder sees Screen 1]
SCREEN 1
Text 1 - D.F. King logo (left justified)
D.F. KING
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Hyperlink 1 - >> vote my shares(left justified)
[Upon selecting hyperlink shareholder is directed to the registered shareholder internet proxy voting site to vote shares electronically]
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Text 2 - (centered)
Welcome to the Materials Access Site for Fidelity® Investments
Table 1 - (centered)
[Table appears here that contains active links to PDF copies of proxy and related materials for this campaign and previous proxy campaigns mailed and tabulated by D.F. King & Co., Inc.]
Text 5 - (centered) ©2010 D.F. King & Co., Inc.