FORM N-PX
ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT INVESTMENT COMPANY
INVESTMENT COMPANY ACT FILE NUMBER: 811-02614
EXACT NAME OF REGISTRANT AS SPECIFIED IN CHARTER: Fidelity Exchange Fund
82 DEVONSHIRE STREET, BOSTON, MA 02109
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES)(ZIP CODE)
SCOTT C. GOEBEL, SECRETARY, 82 DEVONSHIRE STREET, BOSTON, MA 02109
(NAME AND ADDRESS OF AGENT FOR SERVICE)
REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE: 617-563-7000
DATE OF FISCAL YEAR END: 12/31
DATE OF REPORTING PERIOD: 07/01/2008 - 06/30/2009
SIGNATURES
PURSUANT TO THE REQUIREMENTS OF THE INVESTMENT COMPANY ACT OF 1940, THE REGISTRANT HAS DULY CAUSED THIS REPORT TO BE SIGNED ON ITS BEHALF BY THE UNDERSIGNED, THERE UNTO DULY AUTHORIZED.
Fidelity Exchange Fund
BY: /s/KENNETH B. ROBINS*
KENNETH B. ROBINS, TREASURER
DATE: 06/01/2009 02:33:36 PM
*BY: /s/ MARK LUNDVALL
MARK LUNDVALL, DIRECTOR, FIDELITY MANAGEMENT & RESEARCH COMPANY, PURSUANT TO A POWER OF ATTORNEY DATED JUNE 1, 2009 AND FILED HEREWITH.
VOTE SUMMARY REPORT
FIDELITY EXCHANGE FUND
07/01/2008 - 06/30/2009
Note: The Security ID will be the CUSIP (Committee on Uniform Securities Identification Procedures) when available. When CUSIP is not available, an alternate identifier, e.g., CINS, will be provided.
3M CO MEETING DATE: MAY 12, 2009 | ||||
TICKER: MMM SECURITY ID: 88 579Y101 | ||||
Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
1.1 | Elect Director Linda G. Alvarado | Management | For | Against |
1.2 | Elect Director George W. Buckley | Management | For | Against |
1.3 | Elect Director Vance D. Coffman | Management | For | Against |
1.4 | Elect Director Michael L. Eskew | Management | For | Against |
1.5 | Elect Director W. James Farrell | Management | For | Against |
1.6 | Elect Director Herbert L. Henkel | Management | For | Against |
1.7 | Elect Director Edward M. Liddy | Management | For | Against |
1.8 | Elect Director Robert S. Morrison | Management | For | Against |
1.9 | Elect Director Aulana L. Peters | Management | For | Against |
1.10 | Elect Director Robert J. Ulrich | Management | For | Against |
2 | Ratify Auditors | Management | For | For |
3 | Amend Bylaws-- Call Special Meetings | Shareholder | Against | For |
4 | Stock Retention/Holding Peri od | Shareholder | Against | Against |
AGILENT TECHNOLOGIES INC. MEETING DATE: MAR 11, 2009 | ||||
TICKER: A SECURITY ID: 00846U101 | ||||
Proposal No | Proposal | Proposed By | Ma nagement Recommendation | Vote Cast |
1.1 | Elect Director William P. Sullivan | Management | For | Withhold |
1.2 | Elect Director Robert J. Herbold | Management | For | Withhold |
1.3 | Elect Director Koh Boon Hwee | Management | For | Withhold |
2 | Ratify Auditors | Management | For | For |
3 | Approve Omnibus Stock Plan | Management | For | Against |
AIR PRODUCTS & CHEMICALS, INC. MEETING DATE: JAN 22, 2009 | ||||
TICKER: APD SECURITY ID: 009158106 | ||||
Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
1.1 | Elect Director Mario L. Baeza | Management | For | Withhold |
1.2 | Elect Director Edward E. Hagenlocker | Management | For | Withhold |
1.3 | Elect Director John E. McGlade | Management | For | Withhold |
1.4 | Elect Director Charles H. Noski | Management | For | Withhold |
2 | Ratify Auditors | Management | For | For |
ALTRIA GROUP, INC. MEETING DATE: MAY 19, 2009 | ||||
TICKER: MO SECURITY ID: 02209S103 | ||||
Proposal No | Proposal | Propose d By | Management Recommendation | Vote Cast |
1 | Elect Director Elizabeth E. Bailey | Management | For | For |
2 | Elect Director Gerald L. Baliles | Management | For | For |
3 | Elect Director Dinyar S. Devitre | Management | For | For |
4 | Elect Director Thomas F. Farrell | Management | For | For |
5 | Elect Director Robert E. R. Huntley | Management | For | For |
6 | Elect Director Thomas W. Jones | Management | For | For |
7 | Elect Director George Munoz | Management | For | For |
8 | Elect Director Nabil Y. Sakkab | Management | For | For |
9 | Elect Director Michael E. Szymanczyk | Management | For | For |
10 | Ratify Auditors | Management | For | For |
11 | Reduce Tobacco Harm to Health | Shareholder | Against | Abstain |
12 | Report on Marketing Practices on the Poor | Shareholder | Against | Abstain |
13 | Adopt Principles for Health Care Reform | Shareholder | Against | Abstain |
14 | Adopt H uman Rights Protocols for Company and Suppliers | Shareholder | Against | Abstain |
15 | Advisory Vote to Ratify Named Executive Officers' Compensation | Shareholder | Against | Abstain |
16 | Report on Political Contributions | Shareholder | Against | Abstain |
AMERICAN EXPRESS CO. MEETING DATE: APR 27, 2009 | ||||
TICKER: AXP SECURITY ID: 025816109 | ||||
Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
1.1 | Elect Director D.F. Akerson | Management | For | For |
1.2 | Elect Director C. Barshefsky | Management | For | For |
1.3 | Elect Director U.M. Burns | Management | For | For |
1.4 | Elect Director K.I. Chenault | Management | For | For |
1.5 | Elect Director P. Chernin | Management | For | For |
1.6 | Elect Director J. Leschly | Management | For | For |
1.7 | Elect Director R.C. Levin | Management | For | For |
1.8 | Elect Director R.A. Mcginn | Management | For | For |
1.9 | Elect Director E.D. Miller | Management | For | For |
1.10 | Elect Director S.S Reinemund | Management | For | For |
1.11 | Elect Director R.D. Walter | Management | For | For |
1.12 | Elect Director R.A. Williams | Management | For | For |
2 | Ratify Auditors | Management | For | For |
3 | Advisory Vote to Ratify Named Executive Officers' Compensation | Management | For | For |
4 | Provide for Cumulative Voting | Shareholder | Against | Against |
5 | Amend Bylaws-- Call Special Meetings | Shareholder | Against | For |
AMERIPRISE FINANCIAL, INC. MEETING DATE: APR 22, 2009 | ||||
TICKER: AMP SECURITY ID: 03076C106 | ||||
Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
1 | Elect Director Warren D. Knowlton | Management | For | For |
2 | Elect Director Jeffrey Noddle | Management | For | For |
3 | Elect Director Robert F. Sharpe, Jr. | Management | For | For |
4 | Ratify Auditors | Management | For | For |
BECTON, DICKINSON AND COMPANY MEETING DATE: FEB 3, 2009 | ||||
TICKER: BDX SECURITY ID: 075887109 | ||||
Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
1.1 | Elect Director Claire M. Fraser-Liggett | Management | For | For |
1.2 | Elect Director Edward J. Ludwig | Management | For | For |
1.3 | Elect Director Willard J. Overlock, Jr. | Management | For | For |
1.4 | Elect Director Bertram L. Scott | Management | For | For |
2 | Ratify Auditors | Management | For | For |
3 | Declassify the Board of Directors | Management | For | For |
4 | Amend Omnibus Stock Plan | Management | For | For |
5 | Amend Omnibus Stock Plan | Management | For | For |
6 | Amend Bylaws -- Call Special Meetings | Shareholder | Against | For |
7 | Provide for Cumulative Voting | Shareholder | Against | Against |
BERKSHIRE HATHAWAY INC. MEETING DATE: MAY 2, 2009 | ||||
TICKER: BRK.A SECURITY ID: 084670207 | ||||
Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
1.1 | Elect Director Warren E. Buffett | Management | For | For |
1.2 | Elect Director Charles T. Munger | Management | For | For |
1.3 | Elect Director Howard G. Buffett | Management | For | For |
1.4 | Elect Director Susan L. Decker | Management | For | For |
1.5 | Elect Director William H. Gates III | Management | For | For |
1.6 | Elect Director Da vid S. Gottesman | Management | For | For |
1.7 | Elect Director Charlotte Guyman | Management | For | For |
1.8 | Elect Director Donald R. Keough | Management | For | For |
1.9 | Elect Director Thomas S. Murphy | Management | For | For |
1.10 | Elect Director Ronald L. Olson | Management | For | For |
1.11 | Elect Director Walter Scott, Jr. | Management | For | For |
2 | Prepare Sustainability Report | Shareholder | Against | Abstain |
BRISTOL-MYERS SQUIBB CO. MEETING DATE: MAY 5, 2009 | ||||
TICKER: BMY SECURITY ID: 110122108 | ||||
Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
1 | Elect Director L. Andreotti | Management | For | For |
2 | Elect Director L. B. Campbell | Management | For | For |
3 | Elect Director J. M. Cornelius | Management | For | For |
4 | Elect Director L. J. Freeh | Management | For | For |
5 | Elect Director L. H. Glimcher | Management | For | For |
6 | Elect Director M. Grobstein | Management | For | For |
7 | Elect Director L. Johansson | Management | For | For |
8 | Elect Director A. J. Lacy | Management | For | For |
9 | Elect Director V. L. Sato | Management | For | For |
10 | Elect Director T. D. West, Jr. | Management | For | For |
11 | Elect Director R. S. Williams | Management | For | For |
12 | Ratify Auditors | Management | For | For |
13 | Increase Disclosure of Executive Compensation | Shareholder | Against | Against |
14 | Reduce Supermajority Vote Requirement | Shareholder | Against | For |
15 | Amend Articles/Bylaws/Charter -- Call Special Meetings | Shareholder | Against | For |
16 | Advisory Vote to Ratify Named Executive Officers' Compensation | Shareholder | Against | Abstain |
CHEVRON CORPORATION MEETING DATE: MAY 27, 2009 | ||||
TICKER: CVX SECURITY ID: 166764100 | ||||
Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
1.1 | Elect Director S. H. Armacost | Management | For | For |
1.2 | Elect Director L. F. Deily | Management | For | For |
1.3 | Elect Director R. E. Denham | Management | For | For |
1.4 | Elect Director R. J. Eaton | Management | For | For |
1.5 | Elect Director E. Hernandez | Management | For | For |
1.6 | Elect Director F. G. Jenifer | Management | For | For |
1.7 | Elect Director S. Nunn | Management | For | For |
1.8 | Elect Director D. J. O'Reilly | Management | For | For |
1.9 | Elect Director D. B. Rice | Management | For | For |
1.10 | Elect Director K. W. Sharer | Management | For | For |
1.11 | Elect Director C. R. Shoemate | Management | For | For |
1.12 | Elect Director R. D. Sugar | Management | For | For |
1.13 | Elect Director C. Ware | Management | For | For |
1.14 | Elect Director J. S. Watson | Management | For | For |
2 | Ratify Auditors | Management | For | For |
3 | Amend Executive Incenti ve Bonus Plan | Management | For | For |
4 | Amend Omnibus Stock Plan | Management | For | For |
5 | Amend Articles/Bylaws/Charter -- Call Special Meetings | Shareholder | Against | For |
6 | Advisory Vote to Ratify Named Executive Officers' Compensation | Shareholder | Against | Abstain |
7 | Adopt Quantitative GHG Goals for Products and Operations | Shareholder | Against | Abstain |
8 | Adopt Guidelines for Country Selection | Shareholder | Against | Abstain |
9 | Adopt Human Rights Policy | Shareholder | Against | Abstain |
10 | Report on Market Specific Environmental Laws | Shareholder | Against | Abstain |
CITIGROUP INC. MEETING DATE: APR 21, 2009 | ||||
TICKER: C SECURITY ID: 172967101 | ||||
Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
1.1 | Elect Director C. Michael Armstrong | Management | For | For |
1.2 | Elect Director Alain J.P . Belda | Management | For | For |
1.3 | Elect Director John M. Deutch | Management | For | For |
1.4 | Elect Director Jerry A. Grundhofer | Management | For | For |
1.5 | Elect Director Andrew N. Liveris | Management | For | For |
1.6 | Elect Director Anne Mulcahy | Management | For | For |
1.7 | Elect Director Michael E. O'Neill | Management | For | For |
1.8 | Elect Director Vikram Pandit | Management | For | For |
1.9 | Elect Director Richard D. Parsons | Management | For | For |
1.10 | Elect Director Lawrence R. Ricciardi | Management | For | For |
1.11 | Elect Director Judith Rodin | Management | For | For |
1.12 | Elect Director Robert L. Ryan | Management | For | For |
1.13 | Elect Director Anthony M. Santomero | Management | For | For |
1.14 | Elect Director William S. Thompson, Jr. | Management | For | For |
2 | Ratify Auditors | Management | For | For |
3 | Approve Omnibus Stock Plan | Management | For | Against |
4 | Advisory Vote to Ratify Named Executive Officers' Compensation | Management | For | For |
5 | Disclose Prior Government Service | Shareholder | Against | Against |
6 | Report on Political Contributions | Shareholder | Against | Abstain |
7 | Report on Predatory Lending Policies | Shareholder | Against | Abstain |
8 | Require More Director Nominations Than Open Seats | Shareholder | Against | Abstain |
9 | Prepare Carbon Principles Report | Shareholder | Against | Abstain |
10 | Stock Retention/Holding Period | Shareholder | Against | Against |
11 | Disclose Information on Compensation Consultant | Shareholder | Against | Against |
12 | Amend Articles/Bylaws/Charter -- Call Special Meetings | Shareholder | Against | For |
13 | Restore or Provide for Cumulative Voting | Shareholder | Against | Against |
COACH, INC. MEETING DATE: OCT 30, 2008 | ||||
TICKER: COH SECURITY ID: 189754104 | ||||
Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
1.1 | Elect Director Lew Frankfort | Management | For | Withhold |
1.2 | Elect Director Susan Kropf | Management | For | Withhold |
1.3 | Elect Director Gary Loveman | Management | For | Withho ld |
1.4 | Elect Director Ivan Menezes | Management | For | Withhold |
1.5 | Elect Director Irene Miller | Management | For | Withhold |
1.6 | Elect Director Keith Monda | Management | For | Withhold |
1.7 | Elect Director Michael Murphy | Management | For | Withhold |
1.8 | Elect Director Jide Zeitlin | Management | For | Withhold |
2 | Amend Executive Incentive Bonus Plan | Management | For | For |
COCA-COLA COMPANY, THE MEETING DATE: APR 22, 2009 | ||||
TICKER: KO SECURITY ID: 191216100 | ||||
Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
1.1 | Elect Director Herbert A. Allen | Management | For | For |
1.2 | Elect Director Ronald W. Allen | Management | For | For |
1.3 | Elect Director Cathleen P. Black | Management | For | For |
1.4 | Elect Director Barry Diller | Management | For | For |
1.5 | Elect Director Alexis M. Herman | Management | For | For |
1.6 | Elect Director Muhtar Kent | Management | For | For |
1.7 | Elect Director Donald R. Keough | Management | For | For |
1.8 | Elect Director Maria Elena Lagomsino | Management | For | For |
1.9 | Elect Director Donald F. McHenry | Management | For | For |
1.10 | Elect Director Sam Nunn | Management | For | For |
1.11 | Elect Director James D. Robinson III | Management | For | For |
1.12 | Elect Director Peter V. Ueberroth | Management | For | For |
1.13 | Elect Director Jacob Wallenberg | Management | Fo r | For |
1.14 | Elect Director James B. Williams | Management | For | For |
2 | Ratify Auditors | Management | For | For |
3 | Advisory Vote to Ratify Named Executive Officers' Compensation | Shareholder | Against | Abstain |
4 | Require Independent Board Chairman | Shareholder | Against | Against |
5 | Amend Bylaws to Establish a Board Committee on Human Rights | Shareholder | Against | Against |
6 | Performance-Based Awards | Shareholder | Against | Against |
COLGATE-PALMOLIVE CO. MEETING DATE: MAY 8, 2009 | ||||
TICKER: CL SECURITY ID: 194162103 | ||||
Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
1.1 | Elect Director John T. Cahill | Management | For | For |
1.2 | Elect Director Jill K. Conway | Management | For | For |
1.3 | Elect Director Ian Cook | Management | For | For |
1.4 | Elect Director Ellen M. Hancock | Management | For | For |
1.5 | Elect Director David W. Johnson | Management | For | For |
1.6 | Elect Director Richard J. Kogan | Management | For | For |
1.7 | Elect Director Delano E. Lewis | Management | For | For |
1.8 | Elect Director J. Pedro Reinhard | Management | F or | For |
1.9 | Elect Director Stephen I. Sadove | Management | For | For |
2 | Ratify Auditors | Management | For | For |
3 | Approve Omnibus Stock Plan | Management | For | Against |
4 | Advisory Vote to Ratify Named Executive Officers' Compensation | Shareholder | Against | Abstain |
DIRECTV GROUP, INC, THE MEETING DATE: JUN 2, 2009 | ||||
TICKER: DTV SECURITY ID: 25459L106 | ||||
Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
1.1 | Elect Director Chase Carey | Manage ment | For | For |
1.2 | Elect Director Mark Carleton | Management | For | For |
1.3 | Elect Director Peter Lund | Management | For | For |
1.4 | Elect Director Haim Saban | Management | For | For |
2 | Ratify Auditors | Management | For | For |
3 | Adopt Principles for Health Care Reform | Shareholder | Against | Abstain |
4 | Declassify the Board of Directors | Shareholder | Against | For |
ELI LILLY AND CO. MEETING DATE: APR 20, 2009 | ||||
TICKER: LLY SECURITY ID: 5324571 08 | ||||
Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
1.1 | Elect Director Martin S. Feldstein | Management | For | For |
1.2 | Elect Director J. Erik Fyrwald | Management | For | For |
1.3 | Elect Director Ellen R. Marram | Management | For | For |
1.4 | Elect Director Douglas R. Oberhelman | Management | For | For |
2 | Ratify Auditors | Management | For | For |
3 | Declassify the Board of Directors | Management | For | For |
4 | Amend Executive Incentive Bonus Plan | Management | For | For |
5 | Reduce Supermajority Vote Requirement | Shareholder | Against | For |
6 | Amend Vote Requirements to Amend Articles/Bylaws/Charter | Shareholder | Against | For |
7 | Advisory Vote to Ratify Named Executive Officers' Compensation | Shareholder | Against | Abstain |
EXXON MOBIL CORP. MEETING DATE: MAY 27, 2009 | ||||
TICKER: XOM SECURITY ID: 30231G102 | ||||
Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
1.1 | Elect Director M.J. Boskin | Management | For | For |
1.2 | Elect Director L.R. Faulkner | Management | For | For |
1.3 | Elect Director K.C. Frazier | Ma nagement | For | For |
1.4 | Elect Director .W. George | Management | For | For |
1.5 | Elect Director R.C. King | Management | For | For |
1.6 | Elect Director M.C. Nelson | Management | For | For |
1.7 | Elect Director S.J. Palmisano | Management | For | For |
1.8 | Elect Directo r S.S Reinemund | Management | For | For |
1.9 | Elect Director R.W. Tillerson | Management | For | For |
1.10 | Elect Director E.E. Whitacre, Jr. | Management | For | For |
2 | Ratify Auditors | Management | For | For |
3 | Provide for Cumulative Voting | Shareholder | Against | Against |
4 | Amend Articles/Bylaws/Charter -- Call Special Meetings | Shareholder | Against | For |
5 | Reincorporate in Another State [from New Jersey to North Dakota] | Shareholder | Against | Against |
6 | Require Independent Board Chairman | Shareholder | Against | Against |
7 | Advisory Vote to Ratify Named Executive Officers' Compensation | Shareholder | Against | Abstain |
8 | Compare CEO Compensation to Average U.S. per Capita Income | Shareholder | Against | Against |
9 | Review Anti-discrimination Policy on Corporate Sponsorships and Executive Perks | Shareholder | Against | Abstain |
10 | Amend EEO Policy to Prohibit Discrimination based on Sexual Orientation and Gender Identity | Shareholder | Against | For |
11 | Adopt Quantitative GHG Goals for Products and Operations | Shareholder | Against | Abstain |
12 | Report on Climate Change Impacts on Emerging Countries | Shareholder | Against | Abstain |
13 | Adopt Policy to Increase Renewable Energy | Shareholder | Against | Abstain |
GENERAL ELECTRIC CO. MEETING DATE: APR 22, 2009 | ||||
TICKER: GE SECURITY ID: 369604103 | ||||
Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
1.1 | Elect Director James I. Cash, Jr. | Management | For | For |
1.2 | Elect Director William M. Castell | Management | For | For |
1.3 | Elect Director Ann M. Fudge | Management | For | For |
1.4 | Elect Director Susan Hockfield | Management | For | For |
1.5 | Elect Director Jeffrey R. Immelt | Management | For | For |
1.6 | Elect Director Andrea Jung | Management | For | For |
1.7 | Elect Director Alan G. (A.G.) Lafley | Management | For | Against |
1.8 | Elect Director Robert W . Lane | Management | For | For |
1.9 | Elect Director Ralph S. Larsen | Management | For | For |
1.10 | Elect Director Rochelle B. Lazarus | Management | For | For |
1.11 | Elect Director James J. Mulva | Management | For | For |
1.12 | Elect Director Sam Nunn | Management | For | For |
1.13 | Elect Director Roger S. Penske | Management | For | For |
1.14 | Elect Director Robert J. Swieringa | Management | For | For |
1.15 | Elect Director Douglas A. Warner III | Management | For | For |
2 | Ratify Auditors | Management | For | For |
3 | Provide for Cumulative Voting | Shareholder | Against | Against |
4 | Advisory Vote to Ratify Named Executive Officers' Compensation | Shareholder | Against | Abstain |
5 | Evaluate the Potential Conversion of the Corporation's Business Units into Four or More Public Corporations and Distribute New Shares | Shareholder | Against | Against |
6 | Adopt Policy to Cease the Payments of Dividends or Equivalent Payments to Senior Executives for Shares Not Owned | Shareholder | Against | Against |
7 | Submit Severance Agree ment (Change in Control) to shareholder Vote | Shareholder | Against | Against |
HEWLETT-PACKARD COMPANY MEETING DATE: MAR 18, 2009 | ||||
TICKER: HPQ SECURITY ID: 428236103 | ||||
Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
1 | Elect Director Lawrence T. Babbio, Jr. | Management | For | For |
2 | Elect Director Sari M. Baldauf | Management | For | For |
3 | Elect Director Rajiv L. Gupta | Management | For | For |
4 | Elect Director John H. Hammergren | Management | For | For |
5 | Elect Director Mark V. Hurd | Management | For | For |
6 | Elect Director Joel Z. Hyatt | Management | For | For |
7 | Elect Director John R. Joyce | Management | For | For |
8 | Elect Director Robert L. Ryan | Management | For | For |
9 | Elect Director Lucille S. Salhany | Management | For | For |
10 | Elect Director G. Kennedy Thompson | Management | For | For |
11 | Ratify Auditors | Management | For | For |
INTERNATIONAL BUSINESS MACHINES CORP. MEETING DATE: APR 28, 2009 | ||||
TICKER: IBM SECURITY ID: 459200101 | ||||
Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
1.1 | Elect Director A. J. P. Belda | Management | For | For |
1.2 | Elect Director C. Black | Management | For | For |
1.3 | Elect Director W. R. Brody | Management | For | For |
1.4 | Elect Director K. I. Chenault | Management | For | For |
1.5 | Elect Director M. L. Eskew | Management | For | For |
1.6 | Elect Director S. A. Jackson | Management | For | For |
1.7 | Elect Director T. Nishimuro | Management | For | For |
1.8 | Elect Director J. W. Owens | Management | For | For |
1.9 | Elect Director S. J. Palmisano | Management | For | For |
1.10 | Elect Director J. E. Spero | Management | For | For |
1.11 | Elect Director S. Taurel | Management | For | For |
1.12 | Elect Director L. H. Zambrano | Management | For | For |
2 | R atify Auditors | Management | For | For |
3 | Approve Executive Incentive Bonus Plan | Management | For | For |
4 | Provide for Cumulative Voting | Shareholder | Against | Against |
5 | Review Executive Compensation | Shareholder | Against | Against |
6 | Advisory Vote to Ratify Named Executive Officers' Compensation | Shareholder | Against | Abstain |
JOHNSON & JOHNSON MEETING DATE: APR 23, 2009 | ||||
TICKER: JNJ SECURITY ID: 478160104 | ||||
Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
1.1 | Elect Director Mary Sue Coleman | Management | For | For |
1.2 | Elect Director James G. Cullen | Management | For | For |
1.3 | Elect Director Michael M.E. Johns | Management | For | For |
1.4 | Elect Director Arnold G. Langbo | Management | For | For |
1.5 | Elect Director Susan L. Lindquist | Management | For | For |
1.6 | Elect Director Leo F. Mullin | Management | For | For |
1.7 | Elect Director Wiliam D. Perez | Management | For | For |
1.8 | Elect Director Charles Prince | Management | For | For |
1.9 | Elect Director David Satcher | Management | For | For |
1.10 | Elect Director William C. Weldon | Management | For | For |
2 | Ratify Auditors | Management | For | For |
3 | Advisory Vote to Ratify Named Executive Officers' Compensation | Shareholder | Against | Abstain |
JPMORGAN CHASE & CO. MEETING DATE: MAY 19, 2009 | ||||
TICKER: JPM SECURITY ID: 46625H100 | ||||
Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
1.1 | Elect Director Crandall C. Bowles | Management | For | For |
1.2 | Elect Director Stephen B. Burke | Management | For | For |
1.3 | Elect Director David M. Cote | Management | For | For |
1.4 | Elect Director James S. Crown | Management | For | For |
1.5 | Elect Director James Dimon | Management | For | For |
1.6 | Elect Director Ellen V. Futter | Management | For | For |
1.7 | Elect Director William H. Gray, III | Management | For | For |
1.8 | Elect Director Laban P. Jackson, Jr. | Management | For | For |
1.9 | Elect Director David C. Novak | Management | For | For |
1.10 | Elect Director Lee R. Raymond | Management | For | For |
1.11 | Elect Director William C. Weldon | Management | For | For |
2 | Ratify Auditors | Management | For | For |
3 | Advisory Vote to Ratify Named Executive Officers' Compensation | Management | For | For |
4 | Disclose Prior Government Service | Shareholder | Against | Against |
5 | Provide for Cumulative Voting | Shareholder | Against | Against |
6 | Amend Articles/Bylaws/Charter -- Call Special Meetings | Shareholder | Against | For |
7 | Report on Predatory Lending Policies | Shareholder | Against | Abstain |
8 | Amend Key Executive Performance Plan | Shareholder | Against | Against |
9 | Stock Retention/Holding Period | Shareholder | Against | Against |
10 | Prepare Carbon Principles Report | Shareholder | Against | Abstain |
JUNIPER NETWORKS, INC. MEETING DATE: MAY 28, 2009 | ||||
TICKER: JNPR SECURITY ID: 48203R104 | ||||
Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
1.1 | Elect Director Scott Kriens | Management | For | Withhold |
1.2 | Elect Director Stratton Sclavos | Management | For | Withhold |
1.3 | Elect Director William R. Stensrud | Management | For | Withhold |
2 | Amend Omnibus Stock Plan | Management | For | For |
3 | Ratify Auditors | Management | For | For |
MCDONALD'S CORP. MEETING DATE: MAY 27, 2009 | ||||
TICKER: MCD SECURITY ID: 580135101 | ||||
Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
1 | Elect Director Robert A. Eckert | Management | For | For |
2 | Elect Director Enrique Hernandez, Jr. | Management | For | For |
3 | Elect Director Jeanne P. Jackson | Management | For | For |
4 | Elect Director Andrew J. McKenna | Management | For | For |
5 | Ratify Auditors | Management | For | For |
6 | Amend Omnibus Stock Plan | Management | For | For |
7 | Approve Executive Incentive Bonus Plan | Management | For | For |
8 | Advisory Vote to Ratify Named Executive Officers' Compensation | Shareholder | Against | Abstain |
9 | Phase out Sales of Eggs from Battery Cage Hens | Shareholder | Against | Abstain |
MERCK & CO., INC. MEETING DATE: APR 28, 2009 | ||||
TICKER: MRK SECURITY ID: 589331107 | ||||
Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
1 | Elect Director Leslie A. Brun | Management | For | For |
2 | Elect Director Thomas R. Cech | Management | For | For |
3 | Elect Director Richard T. Clark | Management | For | For |
4 | Elect Director Thomas H. Glocer | Management | For | For |
5 | Elect Director Steven F. Goldstone | Management | For | For |
6 | Elect Director William B. Harrison, Jr. | Management | Fo r | For |
7 | Elect Director Harry R. Jacobson | Management | For | For |
8 | Elect Director William N. Kelley | Management | For | For |
9 | Elect Director Rochelle B. Lazarus | Management | For | For |
10 | Elect Director Carlos E. Represas | Management | For | For |
11 | Elect Director Thomas E. Shenk | Management | For | For |
12 | Elect Director Anne M. Tatlock | Management | For | For |
13 | Elect Director Samuel O. Thier | Management | For | For |
14 | Elect Director Wendell P. Weeks | Management | For | For |
15 | Elect Director Peter C. Wendell | Management | For | For |
16 | Ratify Auditors | Management | For | For |
17 | Fix Number of Directors | Management | For | For |
18 | Amend Bylaws-- Call Special Meetings | Shareholder | Against | For |
19 | Require Independent Lead Director | Shareholder | Against | Against |
20 | Advisory Vote to Ratify Named Executive Officers' Compensation | Shareholder | Against | Abstain |
MICROSOFT CORP. MEETING DATE: NOV 19, 2008 | ||||
TICKER: MSFT SECURITY ID: 594918104 | ||||
Proposal No | Proposal | Proposed By | Management Recommendation | Vot e Cast |
1 | Elect Director Steven A. Ballmer | Management | For | For |
2 | Elect Director James I. Cash, Jr. | Management | For | For |
3 | Elect Director Dina Dublon | Management | For | For |
4 | Elect Director William H. Gates, III | Management | For | For |
5 | Elect Director Raymond V. Gilmartin | Manag ement | For | For |
6 | Elect Director Reed Hastings | Management | For | For |
7 | Elect Director David F. Marquardt | Management | For | For |
8 | Elect Director Charles H. Noski | Management | For | For |
9 | Elect Director Helmut Panke | Management | For | For |
10 | Approve Ex ecutive Incentive Bonus Plan | Management | For | For |
11 | Amend Non-Employee Director Omnibus Stock Plan | Management | For | Against |
12 | Ratify Auditors | Management | For | For |
13 | Adopt Policies to Protect Freedom of Access to the Internet | Shareholder | Against | Abstain |
14 | Amend Bylaws to Establish a Board Committee on Human Rights | Shareholder | Against | Abstain |
15 | Report on Charitable Contributions | Shareholder | Against | Abstain |
MOTOROLA, INC. MEETING DATE: MAY 4, 2009 | ||||
TICKER: MOT SECURITY ID: 620076109 | ||||
P roposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
1.1 | Elect Director G. Brown | Management | For | Against |
1.2 | Elect Director D. Dorman | Management | For | Against |
1.3 | Elect Director W. Hambrecht | Management | For | Against |
1.4 | Elect Director S. Jha | Manag ement | For | Against |
1.5 | Elect Director J. Lewent | Management | For | Against |
1.6 | Elect Director K. Meister | Management | For | Against |
1.7 | Elect Director T. Meredith | Management | For | Against |
1.8 | Elect Director S. Scott III | Management | For | Against |
1.9 | Elect Director R. Sommer | Management | For | Against |
1.10 | Elect Director J. Stengel | Management | For | Against |
1.11 | Elect Director A. Vinciquerra | Management | For | Against |
1.12 | Elect Director D. Warner III | Management | For | Against |
1.13 | Elect Director J. White | Management | For | Against |
2 | Adjust Par Value of Common Stock | Management | For | For |
3 | Approve Repricing of Options | Management | For | For |
4 | Amend Qualified Employee Stock Purchase Plan | Management | For | Against |
5 | Advisory Vote to Ratify Named Executive Officers' Compensation | Management | For | Against |
6 | Ratify Auditors | Management | For | For |
7 | Provide for Cumulative Voting | Shareholder | Against | Against |
8 | Amend Bylaws-- Call Special Meetings | Shareholder | Against | For |
9 | Amend Human Rights Policies | Shareholder | Against | Abstain |
PFIZER INC. MEETING DATE: APR 23, 2009 | ||||
TICKER: PFE SECURITY ID: 717081103 | ||||
Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
1.1 | Elect Director Dennis A. Ausiello | Management | For | For |
1.2 | Elect Director Micha el S. Brown | Management | For | For |
1.3 | Elect Director M. Anthony Burns | Management | For | For |
1.4 | Elect Director Robert N. Burt | Management | For | For |
1.5 | Elect Director W. Don Cornwell | Management | For | For |
1.6 | Elect Director William H. Gray, III | Management | For | For |
1.7 | Elect Director Constance J. Horner | Management | For | For |
1.8 | Elect Director James M. Kilts | Management | For | For |
1.9 | Elect Director Jeffrey B. Kindler | Management | For | For |
1.10 | Elect Director George A. Lorch | Management | For | For |
1.11 | Elect Director Dana G. Mead | Management | For | For |
1.12 | Elect Director Suzanne Nora Johnson | Management | For | For |
1.13 | Elect Director Stephen W. Sanger | Management | For | For |
1.14 | Elect Director William C. Steere, Jr. | Management | For | For |
2 | Ratify Auditors | Management | For | For |
3 | Amend Omnibus Stock Plan | Management | For | For |
4 | Limit/Prohibit Executive Stock-Based Awards | Shareholder | Against | Against |
5 | Advisory Vote to Ratify Named Executive Officers' Compensation | Shareholder | Against | Abstain |
6 | Provide for Cumulative Voting | Shareholder | Against | Against |
7 | Amend Bylaws -- Call Special Meetings | Shareholder | Against | For |
PHILIP MORRIS INTERNATIONAL INC. MEETING DATE: MAY 5, 2009 | ||||
TICKER: PM SECURITY ID: 718172109 | ||||
Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
1.1 | Elect Director Harold Brown | Management | For | For |
1.2 | Elect Director Mathis Cabiallavetta | Management | For | For |
1.3 | Elect Director Louis C. Camilleri | Management | For | For |
1.4 | Elect Director J. Dudley Fishburn | Management | For | For |
1.5 | Elect Director Graham Mackay | Management | For | For |
1.6 | Elect Director Sergio Marchionne | Management | For | For |
1.7 | Elect Director Lucio A. Noto | Management | For | For |
1.8 | Elect Director Carlos Slim Helu | Management | For | For |
1.9 | Elect Director Stephen M. Wolf | Management | For | For |
2 | Ratify Audi tors | Management | For | For |
3 | Amend Omnibus Stock Plan | Management | For | For |
PROCTER & GAMBLE COMPANY, THE MEETING DATE: OCT 14, 2008 | ||||
TICKER: PG SECURITY ID: 742718109 | ||||
Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
1.1 | Elect Director Kenneth I. Chenault | Management | For | For |
1.2 | Elect Director Scott D. Cook | Management | For | For |
1.3 | Elect Director Rajat K. Gupta | Management | For | For |
1.4 | Elect Di rector A.G. Lafley | Management | For | For |
1.5 | Elect Director Charles R. Lee | Management | For | For |
1.6 | Elect Director Lynn M. Martin | Management | For | For |
1.7 | Elect Director W. James McNerney, Jr. | Management | For | For |
1.8 | Elect Director Johnathan A. Rodgers | Management | For | For |
1.9 | Elect Director Ralph Snyderman | Management | For | For |
1.10 | Elect Director Margaret C. Whitman | Management | For | For |
1.11 | Elect Director Patricia A. Woertz | Management | For | For |
1.12 | Elect Director Ernesto Zedillo | Management | For | For |
2 | Ratify Auditors | Management | For | For |
3 | Adopt Majority Voting for Uncontested Election of Directors | Management | For | For |
4 | Rotate Annual Meeting Location | Shareholder | Against | Against |
5 | Advisory Vote to Ratify Named Executive Officers' Compensation | Shareholder | Against | Abstain |
RAYTHEON CO. MEETING DATE: MAY 28, 2009 | ||||
TICKER: RTN SECURITY ID: 755111507 | ||||
Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
1 | Elect Director Vernon E. Clark | Management | For | For |
2 | Elect Director John M. Deutch | Management | For | For |
3 | Elect Director Frederic M. Poses | Management | For | For |
4 | Elect Director Michael C. Ruettgers | Management | For | For |
5 | Elect Director Ronald L. Skates | Management | For | For |
6 | Elect Director William R. Spivey | Management | For | For |
7 | Elect Director Linda G. Stuntz | Management | For | For |
8 | Elect Director William H. Swanson | Management | For | For |
9 | Ratify Auditors | Management | For | For |
10 | Advisory Vote to Ratify Named Executive Officers' Compensation | Shareholder | Against | Abstain |
11 | Amend Articles/Bylaws/Charter -- Call Special Meetings | Shareholder | Against | For |
12 | Provide for Cumulative Voting | Shareholder | Against | Against |
13 | Adopt Principles for Health Care Reform | Shareholder | Against | Abstain |
14 | Submit SERP to Shareholder Vote | Shareholder | Against | Against |
SCHERING-PLOUGH CORP. MEETING DATE: MAY 18, 2009 | ||||
TICKER: SGP SECURITY ID: 806605101 | ||||
Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
1.1 | Elect Director Thomas J. Colligan | Management | For | For |
1.2 | Elect Director Fred Hassan | Management | For | For |
1.3 | Elect Director C. Robert Kidder | Management | For | For |
1.4 | Elect Director Eugene R. McGrath | Management | For | For |
1.5 | Elect Director Antonio M. Perez | Management | For | For |
1.6 | Elect Director Patricia F. Russo | Management | For | For |
1.7 | Elect Director Jack L. Stahl | Management | For | For |
1.8 | Elect Director Craig B. Thompson | Management | For | For |
1.9 | Elect Director Kathryn C. Turner | Management | For | For |
1.10 | Elect Director Robert F.W. van Oordt | Management | For | For |
1.11 | Elect Director Arthur F. Weinbach | M anagement | For | For |
2 | Ratify Auditors | Management | For | For |
3 | Provide for Cumulative Voting | Shareholder | Against | Against |
4 | Amend Articles/Bylaws/Charter -- Call Special Meetings | Shareholder | Against | For |
SCHLUMBERGER LTD. MEETING DATE: APR 8, 2009 | ||||
TICKER: SLB SECURITY ID: 806857108 | ||||
Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
1.1 | Elect P. Camus as Director | Management | For | For |
1.2 | Elect J.S. Gorelick as Director | Management | For | For |
1.3 | Elect A. Gould as Director | Management | For | For |
1.4 | Elect T. Issac as Director | Management | For | For |
1.5 | Elect N. Kudryavtsev as Director | Management | For | For |
1.6 | Elect A. Lajous as Director | Management | For | For |
1.7 | Elect M.E. Marks as Director | Management | For | For |
1.8 | Elect L.R. Reif as Director | Management | For | For |
1.9 | Elect T.I. Sandvold as Director | Management | For | For |
1.10 | Elect H. Seydoux as Director | Management | For | For |
1.11 | Elect L.G. Stuntz as Director | Management | For | For |
2 | Adopt and Approve Financials and Dividends | Management | For | For |
3 | Advisory Vote to Ratify Named Executive Officers' Compensation | Shareholder | Against | Abstain |
4 | Approval of Independent Registered Public Accounting Firm | Management | For | For |
SPX CORP. MEETING DATE: APR 22, 2009 | ||||
TICKER: SPW SECURITY ID: 784635104 | ||||
Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
1.1 | Elect Director Christopher J. Kearny | Management | For | For |
1.2 | Elect Director Martha B. Wyrsch | Management | For | For |
2 | Ratify Auditors | Management | For | For |
STANLEY WORKS, THE MEETING DATE: APR 23, 2009 | ||||
TICKER: SWK SECURITY ID: 854616109 | ||||
Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
1.1 | Elect Director Patrick D. Campbell | Management | For | Withhold |
1.2 | Elect Director Eileen S. Kraus | Management | For | Withhold |
1.3 | Elect Director Lawrence A. Zimmerman | Management | For | Withhold |
2 | Ratify Auditors | Management | For | For |
3 | Approve Omnibus Stock Plan | Management | For | Against |
4 | Declassify the Board of Directors | Shareholder | Against | For |
UNION PACIFIC CORP. MEETING DATE: MAY 14, 2009 | ||||
TICKER: UNP SECURITY ID: 907818108 | ||||
Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
1.1 | Elect Director Andrew H. Card, Jr. | Management | For | For |
1.2 | Elect Director Erroll B. Davis, Jr. | Management | For | For |
1.3 | Elect Directo r Thomas J. Donohue | Management | For | For |
1.4 | Elect Director Archie W. Dunham | Management | For | For |
1.5 | Elect Director Judith Richards Hope | Management | For | For |
1.6 | Elect Director Charles C. Krulak | Management | For | For |
1.7 | Elect Director Michael R. McCarthy | Management | For | For |
1.8 | Elect Director Michael W. McConnell | Management | For | For |
1.9 | Elect Director Thomas F. McLarty III | Management | For | For |
1.10 | Elect Director Steven R. Rogel | Management | For | For |
1.11 | Elect Director Jose H. Villarreal | Management | For | For |
1.12 | Elect Director James R. Young | Manag ement | For | For |
2 | Ratify Auditors | Management | For | For |
3 | Report on Political Contributions | Shareholder | Against | Abstain |
UNITED TECHNOLOGI ES CORP. MEETING DATE: APR 8, 2009 | ||||
TICKER: UTX SECURITY ID: 913017109 | ||||
Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
1.1 | Elect Director Louis R. Chenevert | Management | For | Withhold |
1.2 | Elect Director George David | Management | For | Withhold |
1.3 | Elect Director John V. Faraci | Management | For | Withhold |
1.4 | Elect Director Jean-Pierre Garnier | Management | For | Withhold |
1.5 | Elect Director Jamie S. Gorelick | Management | For | Withhold |
1.6 | Elect Director Carlos M. Gutierrez | Management | For | For |
1.7 | Elect Director Edward A. Kangas | Management | For | For |
1.8 | Elect Director Charles R. Lee | Management | For | Withhold |
1.9 | Elect Director Richard D. McCormick | Management | For | Withhold |
1.10 | Elect Director Harold McGraw III | Management | For | Withhold |
1.11 | Elect Director Richard B. Myers | Management | For | Withhold |
1.12 | Elect Director H. Patrick Swygert | Managem ent | For | Withhold |
1.13 | Elect Director Andre Villeneuve | Management | For | Withhold |
1.14 | Elect Director Christine Todd Whitman | Management | For | Withhold |
2 | Ratify Auditors | Management | For | For |
3 | Report on Foreign Military Sales Offsets | Shareholder | Against | Abstain |
WALT DISNEY COMPANY, THE MEETING DATE: MAR 10, 2009 | ||||
TICKER: DIS SECURITY ID: 254687106 | ||||
Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
1 | Elect Director Susan E. A rnold | Management | For | Against |
2 | Elect Director John E. Bryson | Management | For | Against |
3 | Elect Director John S. Chen | Management | For | Against |
4 | Elect Director Judith L. Estrin | Management | For | Against |
5 | Elect Director Robert A. Iger | Management | For | Against |
6 | Elect Director Steven P. Jobs | Management | For | Against |
7 | Elect Director Fred H. Langhammer | Management | For | Against |
8 | Elect Director Aylwin B. Lewis | Management | For | Against |
9 | Elect Director Monica C. Lozano | Management | For | Against |
10 | Elect Director Robert W. Matschullat | Management | For | Against |
11 | Elect Director John E. Pepper , Jr. | Management | For | Against |
12 | Elect Director Orin C. Smith | Management | For | Against |
13 | Ratify Auditors | Management | For | For |
14 | Amend Omnibus Stock Plan | Management | For | Against |
15 | Amend Executive Incentive Bonus Plan | Management | For | For |
16 | Report on Political Contributions | Shareholder | Against | Abstain |
17 | Adopt a Policy in which the Company will not Make or Promise to Make Any Death Benefit Payments to Senior Executives | Shareholder | Against | Against |
18 | Advisory Vote to Ratify Named Executive Officers' Compensation | Shareholder | Against | Abstain |
WASTE MANAGEMENT, INC. MEETING DATE: MAY 8, 2009 | ||||
TICKER: WMI SECURITY ID: 94106L109 | ||||
Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
1.1 | Elect Director Pastora San Juan Cafferty | Ma nagement | For | For |
1.2 | Elect Director Frank M. Clark, Jr. | Management | For | For |
1.3 | Elect Director Patrick W. Gross | Management | For | For |
1.4 | Elect Director John C. Pope | Management | For | For |
1.5 | Elect Director W. Robert Reum | Management | For | For |
1.6 | Elect Director Steven G. Rothmeier | Management | For | For |
1.7 | Elect Director David P. Steiner | Management | For | For |
1.8 | Elect Director Thomas H. Weidemeyer | Management | For | For |
2 | Ratify Auditors | Management | For | For |
3 | Amend Qualified Employee Stock Purchase Plan | Management | For | For |
4 | Approve Omnibus Stock Plan | Management | For | Against |
5 | Report on Political Contributions | Shareholder | Against | Abstain |
6 | Reduce Supermajority Vote Requirement | Shareholder | Against | For |
POWER OF ATTORNEY
I, the undersigned Treasurer of the following investment companies:
Fidelity Advisor Series I Fidelity Advisor Series VII Fidelity Advisor Series VIII Fidelity Beacon Street Trust Fidelity Capital Trust Fidelity Central Investment Portfolios LLC Fidelity Commonwealth Trust Fidelity Concord Street Trust Fidelity Congress Street Fund Fidelity Contrafund Fidelity Covington Trust Fidelity Destiny Portfolios Fidelity Devonshire Trust Fidelity Exchange Fund Fidelity Financial Trust | Fidelity Hanover Street Trust Fidelity Hastings Street Trust Fidelity Investment Trust Fidelity Magellan Fund Fidelity Mt. Vernon Street Trust Fidelity Puritan Trust Fidelity Securities Fund Fidelity Select Portfolios Fidelity Summer Street Trust Fidelity Trend Fund Variable Insurance Products Fund Variable Insurance Products Fund II Variable Insurance Products Fund III Variable Insurance Products Fund IV |
in addition to any other investment company for which Fidelity Management & Research Company or an affiliate acts as investment adviser and for which the undersigned individual serves as Treasurer (collectively, the "Funds"), hereby constitute and appoint Mark Lundvall and Jay Burke my true and lawful attorney-in-fact, each of them singly, with full power of substitution, and with full power to sign for me and in my name in the appropriate capacity, all Reports of the Proxy Voting Records of the Funds on Form N-PX under the Investment Company Act of 1940, as amended (the "Act"), or any successor thereto, and any supplements or other instruments in connection therewith, and generally do all such things in my name and behalf in connection therewith as said attorney-in-fact deems necessary or appropriate to cause such Form to be completed and filed in accordance with the Act and all related requirements of the Securities and Exchange Commission. I hereby ratify and confirm all that said attorney-in-fact or his substitute may do or cause to be done by virtue hereof. This power of attorney is effective for all documents filed on or after June 1, 2009.
WITNESS my hand on this 1st day of June 2009.
/s/Kenneth B. Robins
Kenneth B. Robins
Treasurer