Price and Performance

Read a fund's or pool's prospectus or offering memorandum before investing. Funds/pools are not guaranteed; their values change frequently and past performance may not be repeated. Investors will pay management fees and expenses, may pay commissions or trailing commissions and may experience a gain or loss.

As with any investment, there are risks to investing in mutual funds or pools. There is no assurance that any mutual fund or pool will achieve its investment objective, and its net asset value, yield, and investment return will fluctuate from time to time with market conditions. Mutual funds or pools are not guaranteed; their values change frequently and past performance may not be repeated. Investors will pay management fees and expenses, and may pay commissions and trailing commissions and may experience a gain or loss when they sell their units in any mutual fund or pool. Mutual funds or pools are not covered by the Canada Deposit Insurance Corporation or by any other government deposit insurer. The indicated rates of return in this communication are historical annual compound total returns including changes in unit value and the reinvestment of all distributions and do not take into account sales, redemption, distribution, optional charges or income taxes payable by any security holder that would have reduced returns.

A return of capital reduces an investor's adjusted cost base. Capital gains taxes are deferred until units are sold or until the ACB goes below zero. Investors should not confuse this cash-flow distribution with a fund's rate of return or yield. While investors in Series T8/S8/I8 and/or T5/S5/I5 will be able to defer some personal capital gains, they must still pay tax on capital gains distributions that arise from the sale of individual holdings by fund managers, and on interest and dividend distributions. T-SWP will also pay a distribution that must be reinvested in December, consisting of income and capital gains.

The monthly cash-flow distributions on Fidelity T-SWP are not guaranteed, will be adjusted from time to time and may include income. We will aim to keep cash flow between 7.5 % and 9% of the NAV each year on T-SWP balanced funds or pools on T8, I8 and S8, as well as 4.5% and 5.5% of the NAV on T5, I5 and S5 balanced funds or pools. For equity funds or pools, we will aim to keep cash flow between 6.0 and 10.0% of the NAV each year on T8, I8 and S8, and between 4% and 6% of the NAV each year on T5, I5 and S5.

As of July 19, 2010, Fidelity Income Trust Fund was renamed Fidelity Dividend Plus Fund, and Fidelity Monthly High Income Fund was renamed Fidelity Income Allocation Fund. The Funds’ investments objectives also changed.