<PAGE> PAGE 1
000 B000000 09/30/94
000 C000000 0000729218
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 2.2.a
000 J000000 A
001 A000000 FIDELITY ADVISOR SERIES VIII
001 B000000 811-3855
001 C000000 6175631652
002 A000000 82 DEVONSHIRE STREET
002 B000000 BOSTON
002 C000000 MA
002 D010000 02109
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 1
007 C010100 1
007 C020100 FIDELITY STRATEGIC OPPORTUNITIES FUND
007 C030100 N
007 C010200 2
007 C010300 3
007 C010400 4
007 C010500 5
007 C010600 6
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
008 A00AA01 FIDELITY MANAGEMENT & RESEARCH COMPANY
008 B00AA01 A
008 C00AA01 801-7884
008 D01AA01 BOSTON
008 D02AA01 MA
008 D03AA01 02109
011 A00AA01 FIDELITY DISTRIBUTORS CORPORATION
011 B00AA01 8-8775
011 C01AA01 BOSTON
011 C02AA01 MA
011 C03AA01 02109
013 A00AA01 COOPERS & LYBRAND
013 B01AA01 BOSTON
013 B02AA01 MA
013 B03AA01 02109
015 A00AA01 BROWN BROTHERS HARRIMAN & CO.
015 B00AA01 C
<PAGE> PAGE 2
015 C01AA01 BOSTON
015 C02AA01 MA
015 C03AA01 02109
015 E01AA01 X
020 A000001 FIDELITY BROKERAGE SERVICES, INC.
020 B000001 04-2653569
020 C000001 151
020 A000002 BROWN BROTHERS HARRIMAN & CO.
020 B000002 13-4973745
020 C000002 80
020 A000003 S.G. WARBURG & CO.. INC.
020 B000003 13-3340045
020 C000003 79
020 A000004 TUCKER ANTHONY INC.
020 B000004 04-2566229
020 C000004 48
020 A000005 CIGNA SECURITIES, INC.
020 B000005 06-0841987
020 C000005 42
020 A000006 SMITH NEWCOURT, CARL MARKS, INC.
020 B000006 13-3169769
020 C000006 39
020 A000007 MORGAN STANLEY & CO., INC.
020 B000007 13-2655998
020 C000007 36
020 A000008 ROYAL ALLIANCE ASSOCIATES, INC.
020 B000008 00-0000000
020 C000008 33
020 A000009 JARDINE FLEMING
020 B000009 00-0000000
020 C000009 39
020 A000010 DUNLEVY & CO., INC.
020 B000010 13-2919975
020 C000010 32
021 000000 1187
022 A000001 MERRILL LYNCH, PIERCE, FENNER & SMITH, INC.
022 B000001 13-5674085
022 C000001 49277
022 D000001 9795
022 A000002 HERZOG, HEINE, GEDULD, INC.
022 B000002 52-1465096
022 C000002 28024
022 D000002 8110
022 A000003 SALOMON BROTHERS INC.
022 B000003 13-1955436
022 C000003 12390
022 D000003 11980
022 A000004 FIDELITY MAGELLAN FUND
022 B000004 04-6049970
022 C000004 9187
022 D000004 10131
<PAGE> PAGE 3
022 A000005 FIDELITY CONTRA FUND
022 B000005 04-3057314
022 C000005 3247
022 D000005 10609
022 A000006 PAINEWEBBER INCORPORATED
022 B000006 13-2638166
022 C000006 11151
022 D000006 2683
022 A000007 CS FIRST BOSTON CORPORATION
022 B000007 13-5659485
022 C000007 11152
022 D000007 2021
022 A000008 SHEARSON LEHMAN BROTHERS, INC.
022 B000008 13-2518466
022 C000008 8267
022 D000008 3780
022 A000009 PRUDENTIAL SECURITIES INCORPORATED
022 B000009 22-2347336
022 C000009 8751
022 D000009 3100
022 A000010 GOLDMAN, SACHS & CO.
022 B000010 13-5108880
022 C000010 7220
022 D000010 509
023 C000000 10068452
023 D000000 135948
024 00AA00 N
026 A000000 Y
026 B000000 Y
026 C000000 N
026 D000000 Y
026 E000000 N
026 F000000 Y
026 G010000 N
026 G020000 N
026 H000000 Y
027 000000 Y
045 00AA00 Y
046 00AA00 N
047 00AA00 N
048 00AA00 0.000
048 A01AA00 0
048 A02AA00 0.000
048 B01AA00 0
048 B02AA00 0.000
048 C01AA00 0
048 C02AA00 0.000
048 D01AA00 0
048 D02AA00 0.000
048 E01AA00 0
048 E02AA00 0.000
<PAGE> PAGE 4
048 F01AA00 0
048 F02AA00 0.000
048 G01AA00 0
048 G02AA00 0.000
048 H01AA00 0
048 H02AA00 0.000
048 I01AA00 0
048 I02AA00 0.000
048 J01AA00 0
048 J02AA00 0.000
048 K01AA00 0
048 K02AA00 0.000
049 00AA00 N
050 00AA00 N
051 00AA00 Y
052 00AA00 Y
053 A00AA00 Y
053 B00AA00 Y
054 A00AA00 Y
054 B00AA00 Y
054 C00AA00 N
054 D00AA00 N
054 E00AA00 N
054 F00AA00 N
054 G00AA00 Y
054 H00AA00 Y
054 I00AA00 N
054 J00AA00 Y
054 K00AA00 N
054 L00AA00 N
054 M00AA00 Y
054 N00AA00 N
054 O00AA00 Y
055 A00AA00 N
055 B00AA00 N
056 00AA00 Y
057 00AA00 N
062 A00AA00 N
062 B00AA00 0.0
062 C00AA00 0.0
062 D00AA00 0.0
062 E00AA00 0.0
062 F00AA00 0.0
062 G00AA00 0.0
062 H00AA00 0.0
062 I00AA00 0.0
062 J00AA00 0.0
062 K00AA00 0.0
062 L00AA00 0.0
062 M00AA00 0.0
062 N00AA00 0.0
<PAGE> PAGE 5
062 O00AA00 0.0
062 P00AA00 0.0
062 Q00AA00 0.0
062 R00AA00 0.0
066 A00AA00 Y
066 B00AA00 N
066 C00AA00 Y
066 D00AA00 N
066 E00AA00 N
066 F00AA00 N
066 G00AA00 N
067 00AA00 N
068 A00AA00 N
068 B00AA00 N
069 00AA00 N
077 A000000 Y
077 B000000 Y
077 C000000 N
077 D000000 N
077 E000000 N
077 F000000 N
077 G000000 N
077 H000000 N
077 I000000 N
077 J000000 N
077 K000000 N
077 L000000 N
077 M000000 N
077 N000000 N
077 O000000 N
077 P000000 Y
077 Q010000 N
077 Q020000 N
077 Q030000 N
078 000000 N
080 A00AA00 FEDERAL INSURANCE COMPANY
080 B00AA00 NATIONAL UNION INSURANCE COMPANY
080 C00AA00 200000
081 A00AA00 Y
081 B00AA00 221
082 A00AA00 Y
082 B00AA00 400
083 A00AA00 N
083 B00AA00 0
084 A00AA00 N
084 B00AA00 0
085 A00AA00 N
085 B00AA00 N
012 A000101 FIDELITY SERVICE CO.
012 B000101 84-00216
012 C010101 BOSTON
<PAGE> PAGE 6
012 C020101 MA
012 C030101 02109
012 A000102 STATE STREET BANK & TRUST CO.
012 B000102 84-0000
012 C010102 BOSTON
012 C020102 MA
012 C030102 02109
012 A000103 FIDELITY INVESTMENTS INSTITUTIONAL OPERATIONS
012 B000103 84-0000
012 C010103 BOSTON
012 C020103 MA
012 C030103 02109
014 A000101 FIDELITY BROKERAGE SERVICES, INC.
014 B000101 8-23292
014 A000102 FIDELITY BROKERAGE SERVICES, LTD.
014 B000102 8-0000
014 A000103 FIDELITY DISTRIBUTORS CORPORATION
014 B000103 8-8775
018 000100 Y
019 A000100 Y
019 B000100 222
019 C000100 FIDELITYZZ
028 A010100 20665
028 A020100 0
028 A030100 0
028 A040100 6037
028 B010100 16240
028 B020100 0
028 B030100 0
028 B040100 7847
028 C010100 12444
028 C020100 0
028 C030100 0
028 C040100 6013
028 D010100 13588
028 D020100 0
028 D030100 0
028 D040100 5844
028 E010100 18701
028 E020100 0
028 E030100 0
028 E040100 9963
028 F010100 14048
028 F020100 0
028 F030100 0
028 F040100 6860
028 G010100 95686
028 G020100 0
028 G030100 0
028 G040100 42564
028 H000100 22069
<PAGE> PAGE 7
029 000100 Y
030 A000100 2986
030 B000100 4.75
030 C000100 0.00
031 A000100 447
031 B000100 0
032 000100 2539
033 000100 0
034 000100 Y
035 000100 0
036 A000100 Y
036 B000100 0
037 000100 N
038 000100 0
039 000100 N
040 000100 Y
041 000100 Y
042 A000100 0
042 B000100 0
042 C000100 100
042 D000100 0
042 E000100 0
042 F000100 0
042 G000100 0
042 H000100 0
043 000100 2181
044 000100 0
058 A000100 N
059 000100 Y
060 A000100 Y
060 B000100 Y
061 000100 2500
063 A000100 0
063 B000100 0.0
070 A010100 Y
070 A020100 Y
070 B010100 Y
070 B020100 N
070 C010100 N
070 C020100 N
070 D010100 Y
070 D020100 N
070 E010100 N
070 E020100 N
070 F010100 Y
070 F020100 N
070 G010100 Y
070 G020100 N
070 H010100 Y
070 H020100 N
070 I010100 N
<PAGE> PAGE 8
070 I020100 N
070 J010100 Y
070 J020100 Y
070 K010100 Y
070 K020100 Y
070 L010100 Y
070 L020100 Y
070 M010100 Y
070 M020100 Y
070 N010100 Y
070 N020100 N
070 O010100 Y
070 O020100 N
070 P010100 Y
070 P020100 Y
070 Q010100 N
070 Q020100 N
070 R010100 Y
070 R020100 N
071 A000100 663160
071 B000100 508890
071 C000100 320706
071 D000100 159
072 A000100 12
072 B000100 5729
072 C000100 7634
072 D000100 0
072 E000100 0
072 F000100 2583
072 G000100 0
072 H000100 0
072 I000100 1150
072 J000100 47
072 K000100 0
072 L000100 0
072 M000100 2
072 N000100 165
072 O000100 0
072 P000100 0
072 Q000100 216
072 R000100 52
072 S000100 25
072 T000100 2181
072 U000100 0
072 V000100 0
072 W000100 64
072 X000100 6485
072 Y000100 25
072 Z000100 6903
072AA000100 8280
072BB000100 0
<PAGE> PAGE 9
072CC010100 0
072CC020100 23326
072DD010100 5753
072DD020100 458
072EE000100 24412
073 A010100 0.0000
073 A020100 0.0000
073 B000100 1.7100
073 C000100 0.0000
074 A000100 0
074 B000100 3313
074 C000100 2040
074 D000100 67130
074 E000100 0
074 F000100 337017
074 G000100 0
074 H000100 0
074 I000100 573
074 J000100 13522
074 K000100 2
074 L000100 4336
074 M000100 0
074 N000100 427933
074 O000100 13542
074 P000100 221
074 Q000100 0
074 R010100 0
074 R020100 0
074 R030100 0
074 R040100 1146
074 S000100 0
074 T000100 413024
074 U010100 19752
074 U020100 932
074 V010100 0.00
074 V020100 0.00
074 W000100 0.0000
074 X000100 32707
074 Y000100 0
075 A000100 0
075 B000100 359957
076 000100 0.00
SIGNATURE JOHN H. COSTELLO
TITLE ASST. TREASURER
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000729218
<NAME> Fidelity Advisor Series VIII
<SERIES>
<NUMBER> 1
<NAME> Fidelity Strategic Opportunities Fund
<MULTIPLIER> 1,000
<S>
<C>
<PERIOD-TYPE>
PERIOD LENGTH
<FISCAL-YEAR-END>
FISCAL YEAR END DATE
<PERIOD-END>
PERIOD END DATE
<INVESTMENTS-AT-COST>
404,417
<INVESTMENTS-AT-VALUE>
410,073
<RECEIVABLES>
17,860
<ASSETS-OTHER>
0
<OTHER-ITEMS-ASSETS>
0
<TOTAL-ASSETS>
427,933
<PAYABLE-FOR-SECURITIES>
13,542
<SENIOR-LONG-TERM-DEBT>
0
<OTHER-ITEMS-LIABILITIES>
1,367
<TOTAL-LIABILITIES>
14,909
<SENIOR-EQUITY>
0
<PAID-IN-CAPITAL-COMMON>
395,472
<SHARES-COMMON-STOCK>
19,310
<SHARES-COMMON-PRIOR>
11,983
<ACCUMULATED-NII-CURRENT>
5,875
<OVERDISTRIBUTION-NII>
0
<ACCUMULATED-NET-GAINS>
6,031
<OVERDISTRIBUTION-GAINS>
0
<ACCUM-APPREC-OR-DEPREC>
5,646
<NET-ASSETS>
413,024
<DIVIDEND-INCOME>
7,634
<INTEREST-INCOME>
5,729
<OTHER-INCOME>
0
<EXPENSES-NET>
6,460
<NET-INVESTMENT-INCOME>
6,903
<REALIZED-GAINS-CURRENT>
8,281
<APPREC-INCREASE-CURRENT>
(23,326)
<NET-CHANGE-FROM-OPS>
(8,142)
<EQUALIZATION>
0
<DISTRIBUTIONS-OF-INCOME>
5,753
<DISTRIBUTIONS-OF-GAINS>
22,877
<DISTRIBUTIONS-OTHER>
0
<NUMBER-OF-SHARES-SOLD>
9,950
<NUMBER-OF-SHARES-REDEEMED>
3,570
<SHARES-REINVESTED>
947
<NET-CHANGE-IN-ASSETS>
122,433
<ACCUMULATED-NII-PRIOR>
4,253
<ACCUMULATED-GAINS-PRIOR>
24,784
<OVERDISTRIB-NII-PRIOR>
0
<OVERDIST-NET-GAINS-PRIOR>
0
<GROSS-ADVISORY-FEES>
2,583
<INTEREST-EXPENSE>
0
<GROSS-EXPENSE>
6,484
<AVERAGE-NET-ASSETS>
336,969
<PER-SHARE-NAV-BEGIN>
22.520
<PER-SHARE-NII>
.39
<PER-SHARE-GAIN-APPREC>
(.810)
<PER-SHARE-DIVIDEND>
.43
<PER-SHARE-DISTRIBUTIONS>
1.710
<RETURNS-OF-CAPITAL>
0
<PER-SHARE-NAV-END>
19.960
<EXPENSE-RATIO>
184
<AVG-DEBT-OUTSTANDING>
0
<AVG-DEBT-PER-SHARE>
0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000729218
<NAME> Fidelity Advisor Series VIII
<SERIES>
<NUMBER> 1
<NAME> Fidelity Strategic Opportunities Fund
<MULTIPLIER> 1,000
<S>
<C>
<PERIOD-TYPE>
PERIOD LENGTH
<FISCAL-YEAR-END>
FISCAL YEAR END DATE
<PERIOD-END>
PERIOD END DATE
<INVESTMENTS-AT-COST>
404,417
<INVESTMENTS-AT-VALUE>
410,073
<RECEIVABLES>
17,860
<ASSETS-OTHER>
0
<OTHER-ITEMS-ASSETS>
0
<TOTAL-ASSETS>
427,933
<PAYABLE-FOR-SECURITIES>
13,542
<SENIOR-LONG-TERM-DEBT>
0
<OTHER-ITEMS-LIABILITIES>
1,367
<TOTAL-LIABILITIES>
14,909
<SENIOR-EQUITY>
0
<PAID-IN-CAPITAL-COMMON>
395,472
<SHARES-COMMON-STOCK>
442
<SHARES-COMMON-PRIOR>
0
<ACCUMULATED-NII-CURRENT>
5,875
<OVERDISTRIBUTION-NII>
0
<ACCUMULATED-NET-GAINS>
6,031
<OVERDISTRIBUTION-GAINS>
0
<ACCUM-APPREC-OR-DEPREC>
5,646
<NET-ASSETS>
413,024
<DIVIDEND-INCOME>
7,634
<INTEREST-INCOME>
5,729
<OTHER-INCOME>
0
<EXPENSES-NET>
6,460
<NET-INVESTMENT-INCOME>
6,903
<REALIZED-GAINS-CURRENT>
8,281
<APPREC-INCREASE-CURRENT>
(23,326)
<NET-CHANGE-FROM-OPS>
(8,142)
<EQUALIZATION>
0
<DISTRIBUTIONS-OF-INCOME>
0
<DISTRIBUTIONS-OF-GAINS>
0
<DISTRIBUTIONS-OTHER>
0
<NUMBER-OF-SHARES-SOLD>
444
<NUMBER-OF-SHARES-REDEEMED>
2
<SHARES-REINVESTED>
0
<NET-CHANGE-IN-ASSETS>
122,433
<ACCUMULATED-NII-PRIOR>
4,253
<ACCUMULATED-GAINS-PRIOR>
24,784
<OVERDISTRIB-NII-PRIOR>
0
<OVERDIST-NET-GAINS-PRIOR>
0
<GROSS-ADVISORY-FEES>
2,583
<INTEREST-EXPENSE>
0
<GROSS-EXPENSE>
6,484
<AVERAGE-NET-ASSETS>
3,349
<PER-SHARE-NAV-BEGIN>
19.650
<PER-SHARE-NII>
.05
<PER-SHARE-GAIN-APPREC>
.28
<PER-SHARE-DIVIDEND>
0
<PER-SHARE-DISTRIBUTIONS>
0
<RETURNS-OF-CAPITAL>
0
<PER-SHARE-NAV-END>
19.980
<EXPENSE-RATIO>
263
<AVG-DEBT-OUTSTANDING>
0
<AVG-DEBT-PER-SHARE>
0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000729218
<NAME> Fidelity Advisor Series VIII
<SERIES>
<NUMBER> 1
<NAME> Fidelity Strategic Opportunities Fund
<MULTIPLIER> 1,000
<S>
<C>
<PERIOD-TYPE>
Year
<FISCAL-YEAR-END>
SEP-30-1994
<PERIOD-END>
SEP-30-1994
<INVESTMENTS-AT-COST>
404,417
<INVESTMENTS-AT-VALUE>
410,073
<RECEIVABLES>
17,860
<ASSETS-OTHER>
0
<OTHER-ITEMS-ASSETS>
0
<TOTAL-ASSETS>
427,933
<PAYABLE-FOR-SECURITIES>
13,542
<SENIOR-LONG-TERM-DEBT>
0
<OTHER-ITEMS-LIABILITIES>
1,367
<TOTAL-LIABILITIES>
14,909
<SENIOR-EQUITY>
0
<PAID-IN-CAPITAL-COMMON>
395,472
<SHARES-COMMON-STOCK>
932
<SHARES-COMMON-PRIOR>
911
<ACCUMULATED-NII-CURRENT>
5,875
<OVERDISTRIBUTION-NII>
0
<ACCUMULATED-NET-GAINS>
6,031
<OVERDISTRIBUTION-GAINS>
0
<ACCUM-APPREC-OR-DEPREC>
5,646
<NET-ASSETS>
413,024
<DIVIDEND-INCOME>
7,634
<INTEREST-INCOME>
5,729
<OTHER-INCOME>
0
<EXPENSES-NET>
6,460
<NET-INVESTMENT-INCOME>
6,903
<REALIZED-GAINS-CURRENT>
8,281
<APPREC-INCREASE-CURRENT>
(23,326)
<NET-CHANGE-FROM-OPS>
(8,142)
<EQUALIZATION>
0
<DISTRIBUTIONS-OF-INCOME>
458
<DISTRIBUTIONS-OF-GAINS>
1,536
<DISTRIBUTIONS-OTHER>
0
<NUMBER-OF-SHARES-SOLD>
11
<NUMBER-OF-SHARES-REDEEMED>
77
<SHARES-REINVESTED>
87
<NET-CHANGE-IN-ASSETS>
122,433
<ACCUMULATED-NII-PRIOR>
4,253
<ACCUMULATED-GAINS-PRIOR>
24,784
<OVERDISTRIB-NII-PRIOR>
0
<OVERDIST-NET-GAINS-PRIOR>
0
<GROSS-ADVISORY-FEES>
2,583
<INTEREST-EXPENSE>
0
<GROSS-EXPENSE>
6,484
<AVERAGE-NET-ASSETS>
19,639
<PER-SHARE-NAV-BEGIN>
22.720
<PER-SHARE-NII>
.54
<PER-SHARE-GAIN-APPREC>
(.810)
<PER-SHARE-DIVIDEND>
.51
<PER-SHARE-DISTRIBUTIONS>
1.710
<RETURNS-OF-CAPITAL>
0
<PER-SHARE-NAV-END>
20.230
<EXPENSE-RATIO>
114
<AVG-DEBT-OUTSTANDING>
0
<AVG-DEBT-PER-SHARE>
0
</TABLE>
