This is an exchange traded fund managed by Fidelity Management & Research Company and is listed on The NASDAQ Stock Market. It seeks to provide investment returns that closely correspond to the price and yield performance of the NASDAQ Composite Index. The NASDAQ Composite Index is a widely recognized, market capitalization-weighted index that is designed to represent the performance of NASDAQ securities and includes over 3,000 stocks.

Please carefully consider the fundís investment objectives, risks, charges and expenses before investing. For this and other information, call or write to Fidelity or visit fidelity.com for a free prospectus. Read it carefully before you invest or send money.

Shares are not individually redeemable from ONEQ.

Differences between the index and ONEQ's portfolio, as well as costs and expenses, may cause differences in performance.

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Contact Information:
  asknasdaq@nasdaq.com

NASDAQ®, NASDAQ Composite®, and NASDAQ Composite Index® are registered trademarks of The Nasdaq Stock Market, Inc. (which with its Affiliates are the "Corporations") and are licensed for use by Fidelity. The product(s) has not been passed on by the Corporations as to legality or suitability. The product(s) is not issued, endorsed, or sold by the Corporations. THE CORPORATIONS MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO THE PRODUCT(S).

Consistent with is investment objective, ONEQ may hire or terminate money managers at any time without prior notification.

ONEQ is managed by Fidelity Management & Research Company, NASDAQ is the listing market; licensor of the index and provides marketing services for ONEQ. Shares, other than Creation Units, may be sold only through a broker and may be subject to brokerage commissions.

ONEQ may trade at a discount to NAV. The selling shareholder may receive less than NAV.

Exchange Traded Funds are subject to market fluctuations of their underlying investments. Diversification does not ensure a profit or guarantee against loss in a declining market.

All indices are unmanaged and you may not invest directly in any index.

Fidelity Distributors Corporation.