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Fidelity Series Real Estate Income Fund FSREX

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Strategy

The investment seeks higher than average income; capital growth is a secondary objective. The fund normally invests primarily in preferred and common stocks of real estate investment trusts (REITs); debt securities of real estate entities; and commercial and other mortgage-backed securities, with an emphasis on lower-quality debt securities. It invests at least 80% of assets in securities of companies principally engaged in the real estate industry and other real estate related investments. The fund invests in domestic and foreign issuers.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
FSREX	Fidelity Series Real Estate Income Fund	Institutional	Limited	—	—	Oct 20, 2011	$349.27M	0.000%	Low	$0	$75.71M

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