FORM N-PX
ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT INVESTMENT COMPANY
INVESTMENT COMPANY ACT FILE NUMBER: 811-03221
EXACT NAME OF REGISTRANT AS SPECIFIED IN CHARTER: Fidelity Charles Street Trust
Fund Name: Fidelity Asset Manager 20%
82 DEVONSHIRE STREET, BOSTON, MA 02109
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) (ZIP CODE)
ERIC D. ROITER, 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: SEPTEMBER 30
DATE OF REPORTING PERIOD: 06/30/2007
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 Charles Street Trust
BY: /s/ KIMBERLEY MONASTERIO*
KIMBERLEY MONASTERIO, TREASURER
DATE: 08/13/2007 11:56:15 AM
*BY: /s/ CLAIRE S. WALPOLE
CLAIRE S. WALPOLE, VICE PRESIDENT, FIDELITY MANAGEMENT & RESEARCH COMPANY, PURSUANT TO A POWER OF ATTORNEY DATED JULY 10, 2007 AND FILED HEREWITH.
VOTE SUMMARY REPORT
Fidelity Asset Manager 20%
07/01/2006- 06/30/2007
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.
| ISSUER NAME: BEA SYSTEMS, INC. MEETING DATE: 07/19/2006 | ||||
| TICKER: BEAS SECURITY ID: 073325102 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1. 1 | ELECT L. DALE CRANDALL AS A DIRECTOR | Management | For | For |
| 1. 2 | ELECT WILLIAM H. JANEWAY AS A DIRECTOR | Management | For | For |
| 1. 3 | ELECT R.T. SCHLOSBERG III AS A DIRECTOR | Management | For | For |
| 2 | TO APPROVE THE ADOPTION OF THE BEA SYSTEMS, INC. 2006 STOCK INCENTIVE PLAN IN REPLACEMENT OF THE COMPANY S 1997 STOCK INCENTIVE PLAN AND THE COMPANY S 2000 NON-QUALIFIED STOCK INCENTIVE PLAN. | Management | For | For |
| 3 | TO RATIFY AND APPROVE THE BEA SYSTEMS, INC. SENIOR EXECUTIVE BONUS PLAN IN CONFORMITY WITH THE REQUIREMENTS OF SECTION 162(M) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED. | Management | For | For |
| 4 | TO RATIFY AND APPROVE THE APPOINTMENT OF ERNST & YOUNG LLP AS THE INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE COMPANY FOR THE FISCAL YEAR ENDING JANUARY 31, 2007. | Management | For | For |
| 5 | STOCKHOLDER PROPOSAL REGARDING STOCKHOLDER PROPOSAL PROTOCOL. | Shareholder | Against | Against |
| 6 | STOCKHOLDER PROPOSAL REGARDING REPEAL OF THE CLASSIFIED BOARD OF DIRECTORS. | Shareholder | Against | For |
| Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions. | ||||
| ISSUER NAME: CENDANT CORPORATION MEETING DATE: 08/29/2006 | ||||
| TICKER: CD SECURITY ID: 151313103 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1. 1 | ELECT H.R. SILVERMAN* AS A DIRECTOR | Management | For | For |
| 1. 2 | ELECT M.J. BIBLOWIT* AS A DIRECTOR | Management | For | For |
| 1. 3 | ELECT J.E. BUCKMAN* AS A DIRECTOR | Management | For | For |
| 1. 4 | ELECT L.S. COLEMAN* AS A DIRECTOR | Management | For | For |
| 1. 5 | ELECT M.L. EDELMAN* AS A DIRECTOR | Management | For | For |
| 1. 6 | ELECT G. HERRERA* AS A DIRECTOR | Management | For | For |
| 1. 7 | ELECT S.P. HOLMES* AS A DIRECTOR | Management | For | For |
| 1. 8 | ELECT L.T. BLOUIN MACBAIN* AS A DIRECTOR | Management | For | For |
| 1. 9 | ELECT C.D. MILLS* AS A DIRECTOR | Management | For | For |
| 1. 10 | ELECT B. MULRONEY* AS A DIRECTOR | Management | For | For |
| 1. 11 | ELECT R.E. NEDERLANDER* AS A DIRECTOR | Management | For | For |
| 1. 12 | ELECT R.L. NELSON* AS A DIRECTOR | Management | For | For |
| 1. 13 | ELECT R.W. PITTMAN* AS A DIRECTOR | Management | For | For |
| 1. 14 | ELECT P.D.E. RICHARDS* AS A DIRECTOR | Management | For | For |
| 1. 15 | ELECT S.Z. ROSENBERG* AS A DIRECTOR | Management | For | For |
| 1. 16 | ELECT R.F. SMITH* AS A DIRECTOR | Management | For | For |
| 1. 17 | ELECT R.L. NELSON** AS A DIRECTOR | Management | For | For |
| 1. 18 | ELECT L.S. COLEMAN** AS A DIRECTOR | Management | For | For |
| 1. 19 | ELECT M.L. EDELMAN** AS A DIRECTOR | Management | For | For |
| 1. 20 | ELECT S.Z. ROSENBERG** AS A DIRECTOR | Management | For | For |
| 1. 21 | ELECT F. ROBERT SALERNO** AS A DIRECTOR | Management | For | For |
| 1. 22 | ELECT S.E. SWEENEY** AS A DIRECTOR | Management | For | For |
| 2 | TO RATIFY THE APPOINTMENT OF DELOITTE & TOUCHE LLP AS THE AUDITORS OF THE COMPANY S FINANCIAL STATEMENTS. | Management | For | For |
| 3 | APPROVE THE COMPANY S PROPOSAL TO AMEND ITS AMENDED AND RESTATED CERTIFICATE OF INCORPORATION TO EFFECT A ONE-FOR-TEN REVERSE STOCK SPLIT OF ITS COMMON STOCK. | Management | For | For |
| 4 | TO CONSIDER AND APPROVE THE COMPANY S PROPOSAL TO AMEND ITS AMENDED AND RESTATED CERTIFICATE OF INCORPORATION TO CHANGE THE NAME OF THE COMPANY TO AVIS BUDGET GROUP, INC . | Management | For | For |
| 5 | APPROVE THE COMPANY S PROPOSAL TO AMEND ITS AMENDED AND RESTATED CERTIFICATE OF INCORPORATION. | Management | For | For |
| 6 | APPROVE THE COMPANY S PROPOSAL TO AMEND ITS AMENDED AND RESTATED CERTIFICATE OF INCORPORATION TO DECREASE THE NUMBER OF AUTHORIZED SHARES OF THE COMPANY S COMMON STOCK TO 250 MILLION SHARES. THE BOARD OF DIRECTORS UNANIMOUSLY RECOMMENDS THAT YOU VOTE AGAINST PROPOSAL 7 AND 8. | Management | For | For |
| 7 | TO CONSIDER AND VOTE UPON STOCKHOLDER PROPOSAL REGARDING NON-EMPLOYEE DIRECTOR COMPENSATION. | Shareholder | Against | Against |
| 8 | TO CONSIDER AND VOTE UPON STOCKHOLDER PROPOSAL REGARDING SEVERANCE AGREEMENTS. | Shareholder | Against | Against |
| Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions. | ||||
| ISSUER NAME: FIDELITY FLOATING RATE CENTRAL INVESTMENT PORT MEETING DATE: 08/16/2006 | ||||
| TICKER: -- SECURITY ID: 31606V708 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1. 1 | ELECT DENNIS J. DIRKS AS A DIRECTOR | Management | For | For |
| 1. 2 | ELECT ALBERT R. GAMPER, JR. AS A DIRECTOR | Management | For | For |
| 1. 3 | ELECT ROBERT M. GATES AS A DIRECTOR | Management | For | For |
| 1. 4 | ELECT GEORGE H. HEILMEIER AS A DIRECTOR | Management | For | For |
| 1. 5 | ELECT EDWARD C. JOHNSON 3D AS A DIRECTOR | Management | For | For |
| 1. 6 | ELECT STEPHEN P. JONAS AS A DIRECTOR | Management | For | For |
| 1. 7 | ELECT JAMES H. KEYES* AS A DIRECTOR | Management | For | For |
| 1. 8 | ELECT MARIE L. KNOWLES AS A DIRECTOR | Management | For | For |
| 1. 9 | ELECT NED C. LAUTENBACH AS A DIRECTOR | Management | For | For |
| 1. 10 | ELECT WILLIAM O. MCCOY AS A DIRECTOR | Management | For | For |
| 1. 11 | ELECT ROBERT L. REYNOLDS AS A DIRECTOR | Management | For | For |
| 1. 12 | ELECT CORNELIA M. SMALL AS A DIRECTOR | Management | For | For |
| 1. 13 | ELECT WILLIAM S. STAVROPOULOS AS A DIRECTOR | Management | For | For |
| 1. 14 | ELECT KENNETH L. WOLFE AS A DIRECTOR | Management | For | For |
| Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions. | ||||
| ISSUER NAME: FIDELITY HIGH INCOME CENTRAL INVESTMENT PORT MEETING DATE: 08/16/2006 | ||||
| TICKER: -- SECURITY ID: 31606V104 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1. 1 | ELECT DENNIS J. DIRKS AS A DIRECTOR | Management | For | For |
| 1. 2 | ELECT ALBERT R. GAMPER, JR. AS A DIRECTOR | Management | For | For |
| 1. 3 | ELECT ROBERT M. GATES AS A DIRECTOR | Management | For | For |
| 1. 4 | ELECT GEORGE H. HEILMEIER AS A DIRECTOR | Management | For | For |
| 1. 5 | ELECT EDWARD C. JOHNSON 3D AS A DIRECTOR | Management | For | For |
| 1. 6 | ELECT STEPHEN P. JONAS AS A DIRECTOR | Management | For | For |
| 1. 7 | ELECT JAMES H. KEYES* AS A DIRECTOR | Management | For | For |
| 1. 8 | ELECT MARIE L. KNOWLES AS A DIRECTOR | Management | For | For |
| 1. 9 | ELECT NED C. LAUTENBACH AS A DIRECTOR | Management | For | For |
| 1. 10 | ELECT WILLIAM O. MCCOY AS A DIRECTOR | Management | For | For |
| 1. 11 | ELECT ROBERT L. REYNOLDS AS A DIRECTOR | Management | For | For |
| 1. 12 | ELECT CORNELIA M. SMALL AS A DIRECTOR | Management | For | For |
| 1. 13 | ELECT WILLIAM S. STAVROPOULOS AS A DIRECTOR | Management | For | For |
| 1. 14 | ELECT KENNETH L. WOLFE AS A DIRECTOR | Management | For | For |
| Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions. | ||||
| ISSUER NAME: FIDELITY TACTICAL INCOME CENTRAL INVEST PORT MEETING DATE: 08/16/2006 | ||||
| TICKER: -- SECURITY ID: 31606V500 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1. 1 | ELECT DENNIS J. DIRKS AS A DIRECTOR | Management | For | For |
| 1. 2 | ELECT ALBERT R. GAMPER, JR. AS A DIRECTOR | Management | For | For |
| 1. 3 | ELECT ROBERT M. GATES AS A DIRECTOR | Management | For | For |
| 1. 4 | ELECT GEORGE H. HEILMEIER AS A DIRECTOR | Management | For | For |
| 1. 5 | ELECT EDWARD C. JOHNSON 3D AS A DIRECTOR | Management | For | For |
| 1. 6 | ELECT STEPHEN P. JONAS AS A DIRECTOR | Management | For | For |
| 1. 7 | ELECT JAMES H. KEYES* AS A DIRECTOR | Management | For | For |
| 1. 8 | ELECT MARIE L. KNOWLES AS A DIRECTOR | Management | For | For |
| 1. 9 | ELECT NED C. LAUTENBACH AS A DIRECTOR | Management | For | For |
| 1. 10 | ELECT WILLIAM O. MCCOY AS A DIRECTOR | Management | For | For |
| 1. 11 | ELECT ROBERT L. REYNOLDS AS A DIRECTOR | Management | For | For |
| 1. 12 | ELECT CORNELIA M. SMALL AS A DIRECTOR | Management | For | For |
| 1. 13 | ELECT WILLIAM S. STAVROPOULOS AS A DIRECTOR | Management | For | For |
| 1. 14 | ELECT KENNETH L. WOLFE AS A DIRECTOR | Management | For | For |
| Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions. | ||||
| ISSUER NAME: LEGG MASON, INC. MEETING DATE: 07/18/2006 | ||||
| TICKER: LM SECURITY ID: 524901105 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1. 1 | ELECT CARL BILDT* AS A DIRECTOR | Management | For | For |
| 1. 2 | ELECT JOHN E. KOERNER III* AS A DIRECTOR | Management | For | For |
| 1. 3 | ELECT CHERYL GORDON KRONGARD* AS A DIRECTOR | Management | For | For |
| 1. 4 | ELECT JAMES E. UKROP* AS A DIRECTOR | Management | For | For |
| 1. 5 | ELECT W. ALLEN REED** AS A DIRECTOR | Management | For | For |
| 2 | AMENDMENT OF THE LEGG MASON, INC. ARTICLES OF INCORPORATION. | Management | For | Against |
| 3 | RE-APPROVAL OF THE LEGG MASON, INC. 1996 EQUITY INCENTIVE PLAN. | Management | For | For |
| 4 | RATIFICATION OF THE APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP AS INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM. | Management | For | For |
| Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions. | ||||
| ISSUER NAME: PATTERSON COMPANIES, INC. MEETING DATE: 09/18/2006 | ||||
| TICKER: PDCO SECURITY ID: 703395103 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1. 1 | ELECT ELLEN A. RUDNICK* AS A DIRECTOR | Management | For | For |
| 1. 2 | ELECT HAROLD C. SLAVKIN* AS A DIRECTOR | Management | For | For |
| 1. 3 | ELECT JAMES W. WILTZ* AS A DIRECTOR | Management | For | For |
| 1. 4 | ELECT CHARLES REICH** AS A DIRECTOR | Management | For | For |
| 2 | TO APPROVE THE AMENDED AND RESTATED EMPLOYEE STOCK PURCHASE PLAN. | Management | For | For |
| 3 | TO RATIFY THE SELECTION OF ERNST & YOUNG LLP AS OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING APRIL 28, 2007. | Management | For | For |
| Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions. | ||||
| ISSUER NAME: RF MICRO DEVICES, INC. MEETING DATE: 08/01/2006 | ||||
| TICKER: RFMD SECURITY ID: 749941100 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1. 1 | ELECT ROBERT A. BRUGGEWORTH AS A DIRECTOR | Management | For | For |
| 1. 2 | ELECT DANIEL A. DILEO AS A DIRECTOR | Management | For | For |
| 1. 3 | ELECT JEFFERY R. GARDNER AS A DIRECTOR | Management | For | For |
| 1. 4 | ELECT DAVID A. NORBURY AS A DIRECTOR | Management | For | For |
| 1. 5 | ELECT DR. ALBERT E. PALADINO AS A DIRECTOR | Management | For | For |
| 1. 6 | ELECT WILLIAM J. PRATT AS A DIRECTOR | Management | For | For |
| 1. 7 | ELECT ERIK H. VAN DER KAAY AS A DIRECTOR | Management | For | For |
| 1. 8 | ELECT WALTER H. WILKINSON, JR AS A DIRECTOR | Management | For | For |
| 2 | PROPOSAL TO AMEND THE EMPLOYEE STOCK PURCHASE PLAN TO INCREASE THE NUMBER OF SHARES AUTHORIZED FOR ISSUANCE. | Management | For | For |
| 3 | PROPOSAL TO (A) AMEND THE 2003 STOCK INCENTIVE PLAN TO INCREASE THE NUMBER OF SHARES AUTHORIZED FOR ISSUANCE AND (B) APPROVE CERTAIN TERMS DESIGNED TO PRESERVE THE TAX DEDUCTIBILITY OF CERTAIN COMPENSATION PAID UNDER THE 2003 STOCK INCENTIVE PLAN, PURSUANT TO THE PROVISIONS OF SECTION 162(M) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED. | Management | For | Against |
| 4 | PROPOSAL TO ADOPT THE 2006 DIRECTORS STOCK OPTION PLAN. | Management | For | For |
| 5 | PROPOSAL TO ADOPT THE CASH BONUS PLAN. | Management | For | For |
| 6 | PROPOSAL TO RATIFY THE APPOINTMENT OF ERNST & YOUNG LLP AS THE COMPANY S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING MARCH 31, 2007. | Management | For | For |
| Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions. | ||||
| ISSUER NAME: SYMANTEC CORPORATION MEETING DATE: 09/13/2006 | ||||
| TICKER: SYMC SECURITY ID: 871503108 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1. 1 | ELECT MICHAEL BROWN AS A DIRECTOR | Management | For | For |
| 1. 2 | ELECT WILLIAM T. COLEMAN AS A DIRECTOR | Management | For | For |
| 1. 3 | ELECT DAVID L. MAHONEY AS A DIRECTOR | Management | For | For |
| 1. 4 | ELECT ROBERT S. MILLER AS A DIRECTOR | Management | For | For |
| 1. 5 | ELECT GEORGE REYES AS A DIRECTOR | Management | For | For |
| 1. 6 | ELECT DAVID ROUX AS A DIRECTOR | Management | For | For |
| 1. 7 | ELECT DANIEL H. SCHULMAN AS A DIRECTOR | Management | For | For |
| 1. 8 | ELECT JOHN W. THOMPSON AS A DIRECTOR | Management | For | For |
| 1. 9 | ELECT V. PAUL UNRUH AS A DIRECTOR | Management | For | For |
| 2 | TO APPROVE THE AMENDMENT AND RESTATEMENT OF OUR 2004 EQUITY INCENTIVE PLAN, INCLUDING AN INCREASE OF 40,000,000 IN THE NUMBER OF SHARES RESERVED FOR ISSUANCE UNDER THE PLAN, THE MODIFICATION OF THE SHARE POOL AVAILABLE UNDER THE PLAN TO REFLECT A RATIO-BASED POOL, WHERE THE GRANT OF EACH FULL-VALUE AWARD (SUCH AS A SHARE OF RESTRICTED STOCK OR A RESTRICTED STOCK UNIT) DECREASES THE SHARE POOL BY 2.0 SHARES, AND A CHANGE IN THE FORM OF AUTOMATIC EQUITY GRANTS TO OUR NON-EMPLOYEE DIRECTORS FROM ST... | Management | For | Against |
| 3 | TO RATIFY THE SELECTION OF KPMG LLP AS SYMANTEC S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE 2007 FISCAL YEAR. | Management | For | For |
| Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions. | ||||
| ISSUER NAME: WACHOVIA CORPORATION MEETING DATE: 08/31/2006 | ||||
| TICKER: WB SECURITY ID: 929903102 | ||||
| Proposal No | Proposal | Proposed By | Management Recommendation | Vote Cast |
| 1 | TO APPROVE THE ISSUANCE OF SHARES OF WACHOVIA COMMON STOCK AS CONSIDERATION IN THE PROPOSED MERGER OF GOLDEN WEST FINANCIAL CORPORATION WITH AND INTO A WHOLLY-OWNED SUBSIDIARY OF WACHOVIA, PURSUANT TO AN AGREEMENT AND PLAN OF MERGER, DATED AS OF MAY 7, 2006, BY AND AMONG WACHOVIA, GOLDEN WEST, AND SUCH WHOLLY-OWNED SUBSIDIARY OF WACHOVIA. | Management | For | For |
| 2 | TO APPROVE THE AMENDED AND RESTATED WACHOVIA CORPORATION 2003 STOCK INCENTIVE PLAN. | Management | For | For |
| Fidelity displays agenda items and descriptions as they are provided by the issuer and the vote processing agent. These descriptions may include special characters such as asterisks. Generally, asterisks refer to the class of director or stock or indicate notice of voting instructions. | ||||
POWER OF ATTORNEY
I, the undersigned Treasurer of the following investment companies:
Colchester Street Trust Fidelity Aberdeen Street Trust Fidelity Advisor Series I Fidelity Advisor Series II Fidelity Advisor Series IV Fidelity Advisor Series VII Fidelity Advisor Series VIII Fidelity Beacon Street Trust Fidelity Boylston Street Trust Fidelity California Municipal Trust Fidelity California Municipal Trust II Fidelity Capital Trust Fidelity Central Investment Portfolios LLC Fidelity Central Investment Portfolios II LLC Fidelity Charles Street Trust Fidelity Commonwealth Trust Fidelity Concord Street Trust Fidelity Congress Street Trust Fidelity Contrafund Fidelity Court Street Trust Fidelity Court Street Trust II Fidelity Covington Trust Fidelity Destiny Portfolios Fidelity Devonshire Trust Fidelity Exchange Fund Fidelity Financial Trust Fidelity Fixed-Income Trust Fidelity Garrison Street Trust Fidelity Hanover Street Trust | Fidelity Hastings Street Trust Fidelity Hereford Street Trust Fidelity Income Fund Fidelity Investment Trust Fidelity Magellan Fund Fidelity Massachusetts Municipal Trust Fidelity Money Market Trust Fidelity Mt. Vernon Street Trust Fidelity Municipal Trust Fidelity Municipal Trust II Fidelity New York Municipal Trust Fidelity New York Municipal Trust II Fidelity Oxford Street Trust Fidelity Phillips Street Trust Fidelity Puritan Trust Fidelity Revere Street Trust Fidelity School Street Trust Fidelity Securities Fund Fidelity Select Portfolios Fidelity Summer Street Trust Fidelity Trend Fund Fidelity Union Street Trust Fidelity Union Street Trust II Newbury Street Trust Variable Insurance Products Fund Variable Insurance Products Fund II Variable Insurance Products Fund III Variable Insurance Products Fund IV Variable Insurance Products Fund V |
plus 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 Nicholas Steck and Claire Walpole my true and lawful attorneys-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 capacities, 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 to do all such things in my name and behalf in connection therewith as said attorneys-in-fact deem 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 attorneys-in-fact or their substitute may do or cause to be done by virtue hereof. This power of attorney is effective for all documents filed on or after August 1, 2007.
WITNESS my hand on this 10th of July 2007.
/s/ Kimberley Monasterio
Kimberley Monasterio
Treasurer