FSMD Stock, Fidelity Small-Mid Factor Information

The investment seeks to provide investment returns that correspond before fees and expenses generally to the performance of the Fidelity SmallMid Factor Index. The fund normally invests at least 80% of its assets in securities included in the Fidelity SmallMid Factor Index which is designed to reflect the performance of stocks of small and midcapitalization U.S. companies with attractive valuations high quality profiles positive momentum signals and lower volatility than the broader market as represented by the Fidelity U.S. Extended Investable Market Index. The fund normally invests at least 80% of its assets in securities included in the Fidelity Small-Mid Multifactor Index , which is designed to reflect the performance of stocks of small- and mid-capitalization U.S. companies with attractive valuations, high quality profiles, positive momentum signals, and lower volatility than the broader market, as represented by the Fidelity U.S. Extended Investable Market Index .