Fidelity Disruptive Communications Fund Class F (a)
2,018,971
22,531,713
Fidelity Disruptive Finance Fund Class F (a)
1,713,150
23,521,548
Fidelity Disruptive Medicine Fund Class F (a)
2,326,568
25,126,933
Fidelity Disruptive Technology Fund Class F (a)
1,975,642
23,213,794
TOTAL DOMESTIC EQUITY FUNDS
(Cost $132,639,895)
118,142,883
TOTAL INVESTMENT IN SECURITIES - 100.0%
(Cost $132,639,895)
118,142,883
NET OTHER ASSETS (LIABILITIES) - 0.0%
(3,532)
NET ASSETS - 100.0%
118,139,351
Legend
(a)
Affiliated Fund
Affiliated Underlying Funds
Fiscal year to date information regarding the Fund's investments in affiliated Underlying Funds is presented below. Exchanges between classes of the same affiliated Underlying Funds may occur. If an Underlying Funds changes its name, the name presented below is the name in effect at period end.
Affiliate
Value,
beginning
of period ($)
Purchases ($)
Sales
Proceeds ($)
Dividend
Income ($)
Realized
Gain (loss) ($)
Change in
Unrealized
appreciation
(depreciation) ($)
Value,
end
of period ($)
Fidelity Disruptive Automation Fund Class F
26,633,114
86,756
1,052,094
-
(276,772)
(1,642,109)
23,748,895
Fidelity Disruptive Communications Fund Class F
24,611,541
86,756
1,052,094
-
(364,167)
(750,323)
22,531,713
Fidelity Disruptive Finance Fund Class F
25,684,493
1,525,004
1,054,353
1,435,989
(132,079)
(2,501,517)
23,521,548
Fidelity Disruptive Medicine Fund Class F
24,416,531
86,757
1,052,094
-
(222,428)
1,898,167
25,126,933
Fidelity Disruptive Technology Fund Class F
24,368,348
357,133
1,052,521
269,950
(211,897)
(247,269)
23,213,794
125,714,027
2,142,406
5,263,156
1,705,939
(1,207,343)
(3,243,051)
118,142,883
Amounts in the income column in the above table include any capital gain distributions from underlying funds.
Investment Valuation
Investments are valued as of 4:00 p.m. Eastern time on the last calendar day of the period. Securities transactions are accounted for as of trade date. The Board of Trustees (the Board) has delegated the day to day responsibility for the valuation of the Fund's investments to the Fair Value Committee (the Committee) established by the Fund's investment adviser. In accordance with valuation policies and procedures approved by the Board, the Fund attempts to obtain prices from one or more third party pricing vendors or brokers to value its investments. When current market prices, quotations or currency exchange rates are not readily available or reliable, investments will be fair valued in good faith by the Committee, in accordance with procedures adopted by the Board. Factors used in determining fair value vary by investment type and may include market or investment specific events. The frequency with which these procedures are used cannot be predicted and they may be utilized to a significant extent. The Committee oversees the Fund's valuation policies and procedures and reports to the Board on the Committee's activities and fair value determinations. The Board monitors the appropriateness of the procedures used in valuing the Fund's investments and ratifies the fair value determinations of the Committee.
The inputs to valuation techniques used to value investments are categorized into a disclosure hierarchy consisting of three levels as shown below:
Level 1 - Unadjusted quoted prices in active markets for identical investments
Level 2 - other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, etc.)
Level 3 - unobservable inputs (including the Fund's own assumptions based on the best information available)
Valuation techniques used to value investments by major category are as follows:
Investments in any open-end mutual funds are valued at their closing net asset value (NAV) each business day and are categorized as Level 1 in the hierarchy.
Changes in valuation techniques may result in transfers in or out of an assigned level within the disclosure hierarchy.
For additional information on the Fund's significant accounting policies, please refer to the Fund's most recent semiannual or annual shareholder report.
The fund's schedule of investments as of the date on the cover of this report has not been audited. This report is provided for the general information of the fund's shareholders. For more information regarding the fund and its holdings, please see the fund's most recent prospectus and annual report.
Third party trademarks and service marks are the property of their respective owners. All other trademarks and service marks are the property of FMR LLC or an affiliate.
We use cookies on this site to provide a more responsive and personalized service. Continuing to browse, clicking I Agree, or closing this banner indicates agreement. See our Cookie Policy for more information.
