SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-1A
REGISTRATION STATEMENT (No. 2-90649)
UNDER THE SECURITIES ACT OF 1933 [X]
Pre-Effective Amendment No. ___ [ ]
Post-Effective Amendment No. 78 [X]
and
REGISTRATION STATEMENT (NO. 811-4008)
UNDER THE INVESTMENT COMPANY ACT OF 1940 [X]
Amendment No. 78 [X]
Fidelity Investment Trust
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(Exact Name of Registrant as Specified in Charter)
82 Devonshire St., Boston, Massachusetts 02109
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(Address Of Principal Executive Offices) (Zip Code)
Registrant's Telephone Number: 617-563-7000
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Eric D. Roiter, Secretary
82 Devonshire Street
Boston, Massachusetts 02109
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(Name and Address of Agent for Service)
It is proposed that this filing will become effective
( ) immediately upon filing pursuant to paragraph (b).
(X ) on December 29, 1999 pursuant to paragraph (b).
( ) 60 days after filing pursuant to paragraph (a)(1).
( ) on ( ) pursuant to paragraph (a)(1) of Rule 485.
( ) 75 days after filing pursuant to paragraph (a)(2).
( ) on ( ) pursuant to paragraph (a)(2) of Rule 485.
If appropriate, check the following box:
(X ) this post-effective amendment designates a new effective date for
a previously filed post-effective amendment.
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The purpose of this Post-Effective Amendment No. 78 to Fidelity Investment
Trust's Registration Statement on Form N-1A is to designate a new effective
date, December 29, 1999, for the previously filed Post-Effective Amendment No.
77. The Prospectus and Statement of Additional Information (SAI) for this
Post-Effective Amendment No. 78 are identical to those filed in Post-Effective
Amendment No. 77, and the Prospectus and SAI are incorporated herein in their
entirety by reference to those filed in Post-Effective Amendment No. 77.
<PAGE>
PART C. OTHER INFORMATION
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Item 23. Exhibits
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(a)(1)Restated Declaration of Trust, dated February 16, 1995, is
incorporated herein by reference to Exhibit 1 of
Post-Effective Amendment No. 58.
(2)Supplement, dated October 15, 1997, to the Restated
Declaration of Trust is incorporated herein by reference to
Exhibit 1(b) of Post-Effective Amendment No. 73.
(b) By-Laws of the Trust are incorporated herein by reference to
Exhibit 2 of Fidelity Union Street Trust Post-Effective
Amendment No. 87 (File No. 2-50318).
(c) Not applicable.
(d)(1)Form of Management Contract between Fidelity Global Balanced
Fund and Fidelity Management & Research Company, is
incorporated herein by reference to Exhibit d(1) of Post-
Effective Amendment No. 77.
(2)Form of Management Contract between Fidelity Diversified
International Fund and Fidelity Management & Research Company,
is incorporated herein by reference to Exhibit d(2) of Post-
Effective Amendment No. 77.
(3)Management Contract, dated October 1, 1997, between Fidelity
International Growth & Income Fund and Fidelity Management &
Research Company, is incorporated herein by reference to
Exhibit 5(f) of Post-Effective Amendment No. 73.
(4)Management Contract, dated October 1, 1997, between Fidelity
International Value Fund and Fidelity Management & Research
Company, is incorporated herein by reference to Exhibit 5(l)
of Post-Effective Amendment No. 73.
(5)Management Contract, dated October 1, 1997, between Fidelity
Overseas Fund and Fidelity Management & Research Company, is
incorporated herein by reference to Exhibit 5(r) of
Post-Effective Amendment No. 73.
(6)Management Contract, dated October 1, 1997, between Fidelity
Worldwide Fund and Fidelity Management & Research Company, is
incorporated herein by reference to Exhibit 5(x) of
Post-Effective Amendment No. 73.
(7)Management Contract, dated October 1, 1997, between
Fidelity Canada Fund and Fidelity Management & Research
Company, is incorporated herein by reference to Exhibit 5(dd)
of Post-Effective Amendment No. 73.
(8)Management Contract, dated October 1, 1997, between
Fidelity Europe Fund and Fidelity Management & Research
Company, is incorporated herein by reference to Exhibit 5(ii)
of Post-Effective Amendment No. 73.
(9)Management Contract, dated October 1, 1997, between Fidelity
Europe Capital Appreciation Fund and Fidelity Management &
Research Company, is incorporated herein by reference to
Exhibit 5(nn) of Post-Effective Amendment No. 73.
(10)Management Contract, dated October 1, 1997, between Fidelity
Japan Fund and Fidelity Management & Research Company, is
incorporated herein by reference to Exhibit 5(ss) of
Post-Effective Amendment No.
73.
(11)Management Contract, dated October 1, 1997, between Fidelity
Pacific Basin Fund and Fidelity Management & Research Company,
is incorporated herein by reference to Exhibit 5(yy) of
Post-Effective Amendment No. 73.
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(12)Management Contract, dated October 1, 1997, between Fidelity
Emerging Markets Fund and Fidelity Management & Research
Company, is incorporated herein by reference to Exhibit 5(eee)
of Post-Effective Amendment No. 73.
(13)Management Contract, dated October 1, 1997, between Fidelity
Latin America Fund and Fidelity Management & Research Company,
is incorporated herein by reference to Exhibit 5(kkk) of
Post-Effective Amendment No. 73.
(14)Management Contract, dated October 1, 1997, between Fidelity
Southeast Asia Fund and Fidelity Management & Research
Company, is incorporated herein by reference to Exhibit 5(ppp)
of Post-Effective Amendment No. 73.
(15) Management Contract, dated October 1, 1997, between Fidelity
France Fund and Fidelity Management & Research Company, is
incorporated herein by reference to Exhibit 5(hhhh) of
Post-Effective Amendment No. 73.
(16)Management Contract, dated October 1, 1997, between Fidelity
Germany Fund and Fidelity Management & Research Company, is
incorporated herein by reference to Exhibit 5(mmmm) of
Post-Effective Amendment No. 73.
(17)Management Contract, dated October 1, 1997, between Fidelity
United Kingdom Fund and Fidelity Management & Research
Company, is incorporated herein by reference to Exhibit
5(rrrr) of Post-Effective Amendment No. 73.
(18)Management Contract, dated October 1, 1997, between Fidelity
Japan Small Companies Fund and Fidelity Management & Research
Company, is incorporated herein by reference to Exhibit
5(wwww) of Post-Effective Amendment No. 73.
(19)Management Contract, dated October 1, 1997, between Fidelity
Hong Kong and China Fund and Fidelity Management & Research
Company, is incorporated herein by reference to Exhibit
5(ccccc) of Post-Effective Amendment No. 73.
(20)Management Contract, dated October 1, 1997, between Fidelity
Nordic Fund and Fidelity Management & Research Company, is
incorporated herein by reference to Exhibit 5(iiiii) of
Post-Effective Amendment No. 73.
(21)Form of Sub-Advisory Agreement for Fidelity Global Balanced
Fund between Fidelity Management & Research Company (U.K.)
Inc., is incorporated herein by reference to Exhibit d(21)
of Post-Effective Amendment No. 77.
(22)Form of Sub-Advisory Agreement for Fidelity Global Balanced
Fund between Fidelity Management & Research Company and
Fidelity Management & Research Company (Far East) Inc., is
incorporated herein by reference to Exhibit d(22) of
Post-Effective Amendment No. 77.
(23)Form of Sub-Advisory Agreement for Fidelity Global Balanced
Fund between Fidelity Management & Research Company and
Fidelity International Investment Advisors, is incorporated
herein by reference to Exhibit d(23) of Post-Effective
Amendment No. 77.
(24)Form of Sub-Advisory Agreement for Fidelity Global Balanced
Fund between Fidelity International Investment Advisors and
Fidelity International Investment Advisors (U.K.) Limited, is
incorporated herein by reference to Exhibit d(24) of Post-
Effective Amendment No. 77.
(25)Form of Sub-Advisory Agreement for Fidelity Global Balanced
Fund between Fidelity Management & Research and Fidelity
Investments Japan Limited, is incorporated hrein by reference
to Exhibit d(25) of Post-Effective Amendment No. 77.
(26)Sub-Advisory Agreement, dated October 1, 1992, between
Fidelity Management & Research Company and Fidelity Management
& Research (U.K.) Inc. on behalf of Fidelity Diversified
International Fund, is incorporated herein by reference to
Exhibit 5(nn) of Post-Effective Amendment No. 51.
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(27)Sub-Advisory Agreement, dated October 1, 1992, between
Fidelity Management & Research Company and Fidelity Management
& Research (Far East) Inc. on behalf of Fidelity Diversified
International Fund, is incorporated herein by reference to
Exhibit 5(p) of Post-Effective Amendment No. 51.
(28)Sub-Advisory Agreement, dated August 1, 1999, between Fidelity
Management & Research Company and Fidelity International
Investment Advisors on behalf of Fidelity Diversified
International, is incorporated herein by reference to Exhibit
d(28) of Post-Effective Amendment No. 77.
(29)Sub-Advisory Agreement, dated October 1, 1992, between
Fidelity International Investment Advisors and Fidelity
International Investment Advisors (U.K.) Limited on behalf of
Fidelity Diversified International Fund, is incorporated
herein by reference to Exhibit 5(yyy) of Post-Effective
Amendment No. 51.
(30)Sub-Advisory Agreement, dated August 1, 1999, between Fidelity
Management & Research Company and Fidelity Investments Japan
Limited on behalf of Fidelity Diversified International Fund,
is incorporated herein by reference to Exhibit d(30) of
Post-Effective Amendment No. 77.
(31)Sub-Advisory Agreement, dated April 1, 1992, between Fidelity
Management & Research Company and Fidelity Management &
Research (U.K.) Inc. on behalf of Fidelity International
Growth & Income Fund, is incorporated herein by reference to
Exhibit 5(g) of Post-Effective Amendment No. 57.
(32)Sub-Advisory Agreement, dated April 1, 1992, between Fidelity
Management & Research Company and Fidelity Management &
Research (Far East) Inc. on behalf of Fidelity International
Growth & Income Fund, is incorporated herein by reference to
Exhibit 5(f) of Post-Effective Amendment No. 57.
(33)Sub-Advisory Agreement, dated August 1, 1999, between Fidelity
Management & Research Company and Fidelity International
Investment Advisors on behalf of Fidelity International Growth
& Income Fund, is incorporated herein by reference to Exhibit
d(33) of Post-Effective Amendment No. 77.
(34)Sub-Advisory Agreement, dated April 2, 1992, between Fidelity
International Investment Advisors and Fidelity International
Investment Advisors (U.K.) Limited on behalf of Fidelity
International Growth & Income Fund, is incorporated herein by
reference to Exhibit 5(h) of Post-Effective Amendment No. 57.
(35)Sub-Advisory Agreement, dated August 1, 1999, between Fidelity
Management & Research Company and Fidelity Investments Japan
Limited on behalf of Fidelity International Growth & Income
Fund, is incorporated herein by reference to Exhibit d(35)
of Post-Effective Amendment No. 77.
(36)Sub-Advisory Agreement, dated September 16, 1994, between
Fidelity Management & Research Company and Fidelity Management
& Research (U.K.) Inc. on behalf of Fidelity International
Value Fund, is incorporated herein by reference to Exhibit
5(l) of Post-Effective Amendment No. 57.
(37)Sub-Advisory Agreement, dated September 16, 1994, between
Fidelity Management & Research Company and Fidelity Management
& Research (Far East) Inc. on behalf of Fidelity International
Value Fund, is incorporated herein by reference to Exhibit
5(k) of Post-Effective Amendment No. 57.
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(38)Sub-Advisory Agreement, dated August 1, 1999, between Fidelity
Management & Research Company and Fidelity International
Investment Advisors on behalf of Fidelity International Value
Fund, is incorporated herein by reference to Exhibit d(38)
of Post-Effective Amendment No. 77.
(39)Sub-Advisory Agreement, dated September 16, 1994, between
Fidelity International Investment Advisors and Fidelity
International Investment Advisors (U.K.) Limited on behalf of
Fidelity International Value Fund, is incorporated herein by
reference to Exhibit 5(m) of Post-Effective Amendment No. 57.
(40)Sub-Advisory Agreement, dated August 1, 1999, between Fidelity
Management & Research Company and Fidelity Investments Japan
Limited on behalf of Fidelity International Value Fund, is
incorporated herein by reference to Exhibit d(40) of Post-
Effective Amendment No. 77.
(41)Sub-Advisory Agreement, dated April 1, 1992, between Fidelity
Management & Research Company and Fidelity Management &
Research (U.K.) on behalf of Fidelity Overseas Fund, is
incorporated herein by reference to Exhibit 5(r) of
Post-Effective Amendment No. 57.
(42)Sub-Advisory Agreement, dated April 1, 1992, between Fidelity
Management & Research Company and Fidelity Management &
Research (Far East) Inc. on behalf of Fidelity Overseas Fund,
is incorporated herein by reference to Exhibit 5(q) of
Post-Effective Amendment No.
57.
(43)Sub-Advisory Agreement, dated August 1, 1999, between Fidelity
Management & Research Company and Fidelity International
Investment Advisors on behalf of Fidelity Overseas Fund, is
incorporated herein by reference to Exhibit d(43) of Post-
Effective Amendment No. 77.
(44)Sub-Advisory Agreement, dated April 1, 1992, between Fidelity
International Investment Advisors and Fidelity International
Investment Advisors (U.K.) Limited on behalf of Fidelity
Overseas Fund, is incorporated herein by reference to Exhibit
5(s) of Post-Effective Amendment No. 57.
(45)Sub-Advisory Agreement, dated August 1, 1999, between Fidelity
Management & Research Company and Fidelity Investments Japan
Limited on behalf of Fidelity Overseas Fund, is incorporated
herein by reference to Exhibit d(45) of Post-Effective
Amendment No. 77.
(46)Sub-Advisory Agreement dated, April 1, 1992, between Fidelity
Management & Research Company and Fidelity Management &
Research (U.K.) Inc. on behalf of Fidelity Worldwide Fund, is
incorporated herein by reference to Exhibit 5(w) of
Post-Effective Amendment No. 57.
(47)Sub-Advisory Agreement, dated April 1, 1992, between Fidelity
Management & Research Company and Fidelity Management &
Research (Far East) Inc. on behalf of Fidelity Worldwide Fund,
is incorporated herein by reference to Exhibit 5(v) of
Post-Effective Amendment No. 57.
(48)Sub-Advisory Agreement, dated August 1, 1999, between Fidelity
Management & Research Company and Fidelity International
Investment Advisors on behalf of Fidelity Worldwide Fund, is
incorporated herein by reference to Exhibit d(48) of Post-
Effective Amendment No. 77.
(49)Sub-Advisory Agreement dated, March 1, 1992, between Fidelity
International Investment Advisors and Fidelity International
Investment Advisors (U.K.) Limited on behalf of Fidelity
Worldwide Fund, is incorporated herein by reference to Exhibit
5(x) of Post-Effective Amendment No. 57.
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(50)Sub-Advisory Agreement, dated August 1, 1999, between Fidelity
Management & Research Company and Fidelity Investments Japan
Limited on behalf of Fidelity Worldwide Fund, is incorporated
by reference to Exhibit d(50) of Post-Effective Amendment No.
77.
(51)Sub-Advisory Agreement, dated April 1, 1992, between Fidelity
Management & Research Company and Fidelity Management &
Research (U.K.) Inc. on behalf of Fidelity Canada Fund, is
incorporated herein by reference to Exhibit 5(bb) of
Post-Effective Amendment No. 57.
(52)Sub-Advisory Agreement, dated April 1, 1992, between Fidelity
Management & Research Company and Fidelity Management &
Research (Far East) Inc. on behalf of Fidelity Canada Fund, is
incorporated herein by reference to Exhibit 5(aa) of
Post-Effective Amendment No. 57.
(53)Sub-Advisory Agreement, dated August 1, 1999, between Fidelity
Management & Research Company and Fidelity International
Investment Advisors on behalf of Fidelity Canada Fund, is
incorporated herein by reference to Exhibit d(53) of Post-
Effective Amendment No. 77.
(54)Sub-Advisory Agreement, dated April 1, 1992, between Fidelity
International Investment Advisors and Fidelity International
Investment Advisors (U.K.) Limited on behalf of Fidelity
Canada Fund, is incorporated herein by reference to Exhibit
5(cc) of Post-Effective Amendment No. 57.
(55)Sub-Advisory Agreement, dated April 1, 1992, between Fidelity
Management & Research Company and Fidelity Management &
Research (U.K.) Inc. on behalf of Fidelity Europe Fund, is
incorporated herein by reference to Exhibit 5(gg) of
Post-Effective Amendment No. 57.
(56)Sub-Advisory Agreement, dated April 1, 1992, between Fidelity
Management & Research Company and Fidelity Management &
Research (Far East) Inc. on behalf of Fidelity Europe Fund, is
incorporated herein by reference to Exhibit 5(ff) of
Post-Effective Amendment No.
57.
(57)Sub-Advisory Agreement, dated August 1, 1999, between Fidelity
Management & Research Company and Fidelity International
Investment Advisors on behalf of Fidelity Europe Fund, is
incorporated herein by reference to Exhibit d(57) of Post-
Effective Amendment No. 77.
(58)Sub-Advisory Agreement, dated April 1, 1992, between Fidelity
International Investment Advisors and Fidelity International
Investment Advisors (U.K.) Limited on behalf of Fidelity
Europe Fund, is incorporated herein by reference to Exhibit
5(hh) of Post-Effective Amendment No. 57.
(59)Sub-Advisory Agreement, dated November 18, 1993, between
Fidelity Management & Research Company and Fidelity Management
& Research (U.K.) Inc. on behalf of Fidelity Europe Capital
Appreciation Fund, is incorporated herein by reference to
Exhibit 5(ss) of Post- Effective Amendment No. 53.
(60)Sub-Advisory Agreement, dated November 18, 1993, between
Fidelity Management & Research Company and Fidelity Management
& Research (Far East) Inc. on behalf of Fidelity Europe
Capital Appreciation Fund, is incorporated herein by reference
to Exhibit 5(dd) of Post- Effective Amendment No. 53.
(61)Sub-Advisory Agreement, dated August 1, 1999, between Fidelity
Management & Research Company and Fidelity International
Investment Advisors on behalf of Fidelity Europe Capital
Appreciation Fund, is incorporated herein by reference to
Exhibit d(61) of Post-Effective Amendment No. 77.
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(62)Sub-Advisory Agreement, dated November 18, 1993, between
Fidelity International Investment Advisors and Fidelity
International Investment Advisors (U.K.) Limited on behalf of
Fidelity Europe Capital Appreciation Fund, is incorporated
herein by reference to Exhibit 5(ggg) of Post-Effective
Amendment No. 55.
(63)Sub-Advisory Agreement, dated July 16, 1992, between Fidelity
Management & Research Company and Fidelity Management &
Research (U.K.) Inc. on behalf of Fidelity Japan Fund, is
incorporated herein by reference to Exhibit 5(oo) of Post
Effective Amendment No. 53.
(64)Sub-Advisory Agreement, dated July 16, 1992, between Fidelity
Management & Research Company and Fidelity Management &
Research (Far East) Inc. on behalf of Fidelity Japan Fund, is
incorporated herein by reference to Exhibit 5(z) of
Post-Effective Amendment No.
53.
(65)Sub-Advisory Agreement, dated August 1, 1999, between Fidelity
Management & Research Company and Fidelity International
Investment Advisors on behalf of Fidelity Japan Fund, is
incorporated herein by reference to Exhibit d(65) of Post-
Effective Amendment No. 77.
(66)Sub-Advisory Agreement, dated July 16, 1992, between Fidelity
International Investment Advisors and Fidelity International
Investment Advisors (U.K.) Limited on behalf of Fidelity Japan
Fund, is incorporated herein by reference to Exhibit 5(ccc) of
Post-Effective Amendment No. 55.
(67)Sub-Advisory Agreement, dated August 1, 1999, between Fidelity
Management & Research Company and Fidelity Investments Japan
Limited on behalf of Fidelity Japan Fund, is incorporated
herein by reference to Exhibit d(67)of Post-Effective
Amendment No. 77.
(68)Sub-Advisory Agreement, dated April 1, 1992, between Fidelity
Management & Research Company and Fidelity Management &
Research (U.K.) Inc. on behalf of Fidelity Pacific Basin Fund,
is incorporated herein by reference to Exhibit 5(vv) of
Post-Effective Amendment No. 57.
(69)Sub-Advisory Agreement, dated April 1, 1992, between Fidelity
Management & Research Company and Fidelity Management &
Research (Far East) Inc. on behalf of Fidelity Pacific Basin
Fund, is incorporated herein by reference to Exhibit 5(uu) of
Post-Effective Amendment No. 57.
(70)Sub-Advisory Agreement, dated August 1, 1999, between Fidelity
Management & Research Company and Fidelity International
Investment Advisors on behalf of Fidelity Pacific Basin Fund,
is incorporated herein by reference to Exhibit d(70)
of Post-Effective Amendment No. 77.
(71)Sub-Advisory Agreement, dated April 1, 1992, between Fidelity
International Investment Advisors and Fidelity International
Investment Advisors (U.K.) Limited on behalf of Fidelity
Pacific Basin Fund, is incorporated herein by reference to
Exhibit 5(ww) of Post-Effective Amendment No. 57.
(72)Sub-Advisory Agreement, dated August 1, 1999, between Fidelity
Management & Research Company and Fidelity Investments Japan
Limited on behalf of Fidelity Pacific Basin Fund, is
incorporated herein by reference to Exhibit d(72) of Post-
Effective Amendment No. 77.
(73)Sub-Advisory Agreement, dated April 1, 1992, between Fidelity
Management & Research Company and Fidelity Management &
Research (U.K.) Inc. on behalf of Fidelity Emerging Markets
Fund, is incorporated herein by reference to Exhibit 5(aaa) of
Post-Effective Amendment No. 57.
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(74)Sub-Advisory Agreement, dated April 1, 1992, between Fidelity
Management & Research Company and Fidelity Management &
Research (Far East) Inc. on behalf of Fidelity Emerging
Markets Fund, is incorporated herein by reference to Exhibit
5(zz) of Post-Effective Amendment No. 57.
(75)Sub-Advisory Agreement, dated August 1, 1999, between Fidelity
Management & Research Company and Fidelity International
Investment Advisors on behalf of Fidelity Emerging Markets
Fund, is incorporated herein by reference to Exhibit d(75)
of Post-Effective Amendment No. 77.
(76)Sub-Advisory Agreement, dated April 1, 1992, between Fidelity
International Investment Advisors and Fidelity International
Investment Advisors (U.K.) Limited on behalf of Fidelity
Emerging Markets Fund, is incorporated herein by reference to
Exhibit 5(bbb) of Post-Effective Amendment No. 57.
(77)Sub-Advisory Agreement, dated August 1, 1999, between Fidelity
Management & Research Company and Fidelity Investments Japan
Limited on behalf of Fidelity Emerging Markets Fund, is
incorporated herein by reference to Exhibit d(77) of Post-
Effective Amendment No. 77.
(78)Sub-Advisory Agreement, dated March 18, 1993, between Fidelity
Management & Research Company and Fidelity Management &
Research (U.K.) Inc. on behalf of Fidelity Latin America Fund,
is incorporated herein by reference to Exhibit 5(nn) of
Post-Effective Amendment No. 48.
(79)Sub-Advisory Agreement, dated March 18, 1993, between Fidelity
Management & Research Company and Fidelity Management &
Research (Far East) Inc. on behalf of Fidelity Latin America
Fund, is incorporated herein by reference to Exhibit 5(z) of
Post-Effective Amendment No. 48.
(80)Sub-Advisory Agreement, dated August 1, 1999, between Fidelity
Management & Research Company and Fidelity International
Investment Advisors on behalf of Fidelity Latin America Fund,
is incorporated herein by reference to Exhibit d(80)of
Post-Effective Amendment No. 77.
(81)Sub-Advisory Agreement, dated March 18, 1993, between Fidelity
International Investment Advisors and Fidelity International
Investment Advisors (U.K.) Limited on behalf of Fidelity Latin
America Fund, is incorporated herein by reference to Exhibit
5(ddd) of Post-Effective Amendment No. 55.
(82)Sub-Advisory Agreement, dated March 18, 1993, between Fidelity
Management & Research Company and Fidelity Management &
Research (U.K.) Inc. on behalf of Fidelity Southeast Asia
Fund, is incorporated herein by reference to Exhibit 5(oo) of
Post-Effective Amendment No. 48.
(83)Sub-Advisory Agreement, dated March 18, 1993, between Fidelity
Management & Research Company and Fidelity Management &
Research (Far East) Inc. on behalf of Fidelity Southeast Asia
Fund, is incorporated herein by reference to Exhibit 5(aa) of
Post-Effective Amendment No. 48.
(84)Sub-Advisory Agreement, dated August 1, 1999, between Fidelity
Management & Research Company and Fidelity International
Investment Advisors on behalf of Fidelity Southeast Asia Fund,
is incorporated herein by reference to Exhibit d(84).
(85)Sub-Advisory Agreement, dated March 18, 1993, between Fidelity
International Investment Advisors and Fidelity International
Investment Advisors (U.K.) Limited on behalf of Fidelity
Southeast Asia Fund, is incorporated herein by reference to
Exhibit 5(eee) of Post-Effective Amendment No. 51.
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(86)Sub-Advisory Agreement, dated August 1, 1999, between Fidelity
Management & Research Company and Fidelity Investments Japan
Limited on behalf of Fidelity Southeast Asia Fund, is
incorporated herein by reference to Exhibit d(86) of Post-
Effective Amendment No. 77.
(87)Sub-Advisory Agreement, dated September 14, 1995, between
Fidelity Management & Research Company and Fidelity Management
& Research (U.K.) Inc. on behalf of Fidelity France Fund, is
incorporated herein by reference to Exhibit 5(hhhh) of
Post-Effective Amendment No. 62.
(88)Sub-Advisory Agreement, dated September 14, 1995, between
Fidelity Management & Research Company and Fidelity Management
& Research (Far East) Inc. on behalf of Fidelity France Fund,
is incorporated herein by reference to Exhibit 5(gggg) of
Post-Effective Amendment No. 62.
(89)Sub-Advisory Agreement, dated August 1, 1999, between Fidelity
Management & Research Company and Fidelity International
Investment Advisors on behalf of Fidelity France Fund, is
incorporated herein by reference to Exhibit d(89) of Post-
Effective Amendment No. 77.
(90)Sub-Advisory Agreement, dated September 14,1995, between
Fidelity International Investment Advisors and Fidelity
International Investment Advisors (U.K.) Limited on behalf of
Fidelity France Fund, is incorporated herein by reference to
Exhibit 5(iiii) of Post-Effective Amendment No. 62.
(91)Sub-Advisory Agreement, dated September 14, 1995, between
Fidelity Management & Research Company and Fidelity Management
& Research (U.K.) Inc. on behalf of Fidelity Germany Fund, is
incorporated herein by reference to Exhibit 5(mmmm) of
Post-Effective Amendment No. 62.
(92)Sub-Advisory Agreement, dated September 14, 1995, between
Fidelity Management & Research Company and Fidelity Management
& Research (Far East) Inc. on behalf of Fidelity Germany Fund,
is incorporated herein by reference to Exhibit 5(llll) of
Post-Effective Amendment No. 62.
(93)Sub-Advisory Agreement, dated August 1, 1999, between
Fidelity Management & Research Company and Fidelity
International Investment Advisors on behalf of Fidelity
Germany Fund, is incorporated herein by reference to Exhibit
d(93) of Post-Effective Amendment No. 77.
(94)Sub-Advisory Agreement, dated September 14, 1995, between
Fidelity International Investment Advisors and Fidelity
International Investment Advisors (U.K.) Limited on behalf of
Fidelity Germany Fund, is incorporated herein by reference to
Exhibit 5(nnnn) of Post-Effective Amendment No. 62.
(95)Sub-Advisory Agreement, dated September 14, 1995, between
Fidelity Management & Research Company and Fidelity Management
& Research (U.K.) Inc. on behalf of Fidelity United Kingdom
Fund, is incorporated herein by reference to Exhibit 5(rrrr)
of Post-Effective Amendment No. 62.
(96)Sub-Advisory Agreement, dated September 14, 1995, between
Fidelity Management & Research Company and Fidelity Management
& Research (Far East) Inc. on behalf of Fidelity United
Kingdom Fund, is incorporated herein by reference to Exhibit
5(qqqq) of Post-Effective Amendment No. 62.
(97)Sub-Advisory Agreement, dated August 1, 1999, between Fidelity
Management & Research Company and Fidelity International
Investment Advisors on behalf of Fidelity United Kingdom Fund,
is incorporated herein by reference to Exhibit d(97) of
Post-Effective Amendment No. 77.
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(98)Sub-Advisory Agreement, dated September 14, 1995, between
Fidelity International Investment Advisors and Fidelity
International Investment Advisors (U.K.) Limited on behalf of
Fidelity United Kingdom Fund, is incorporated herein by
reference to Exhibit 5(ssss) of Post-Effective Amendment No.
62.
(99)Sub-Advisory Agreement, dated September 14, 1995, between
Fidelity Management & Research Company and Fidelity Management
& Research (U.K.) Inc. on behalf of Fidelity Japan Small
Companies Fund, is incorporated herein by reference to Exhibit
5(wwww) of Post-Effective Amendment No. 62.
(100)Sub-Advisory Agreement, dated September 14, 1995, between
Fidelity Management & Research Company and Fidelity Management
& Research (Far East) Inc. on behalf of Fidelity Japan Small
Companies Fund, is incorporated herein by reference to Exhibit
5(vvvv) of Post-Effective Amendment No. 62.
(101)Sub-Advisory Agreement, dated August 1, 1999, between
Fidelity Management & Research Company and Fidelity
International Investment Advisors on behalf of Fidelity Japan
Small Companies Fund, is incorporated herein by reference to
Exhibit d(101) of Post-Effective Amendment No. 77.
(102)Sub-Advisory Agreement, dated September 14, 1995, between
Fidelity International Investment Advisors and Fidelity
International Investment Advisors (U.K.) Limited on behalf of
Fidelity Japan Small Companies Fund, is incorporated herein by
reference to Exhibit 5(xxxx) of Post-Effective No. 62.
(103)Sub-Advisory Agreement, dated August 1, 1999, between
Fidelity Management & Research Company and Fidelity
Investments Japan Limited on behalf of Fidelity Japan Small
Companies Fund, is incorporated herein by reference to Exhibit
d(103) of Post-Effective Amendment No. 77.
(104)Sub-Advisory Agreement, dated September 14, 1995, between
Fidelity Management & Research Company and Fidelity Management
& Research (U.K.) Inc. on behalf of Fidelity Hong Kong and
China Fund, is incorporated herein by reference to Exhibit
5(ccccc) of Post-Effective Amendment No. 62.
(105)Sub-Advisory Agreement, dated September 14, 1995, between
Fidelity Management & Research Company and Fidelity Management
& Research (Far East) Inc. on behalf of Fidelity Hong Kong and
China Fund, is incorporated herein by reference to Exhibit
5(bbbbb) of Post-Effective Amendment No. 62.
(106)Sub-Advisory Agreement, dated August 1, 1999, between
Fidelity Management & Research Company and Fidelity
International Investment Advisors on behalf of Fidelity Hong
Kong and China Fund, is incorporated herein by reference to
Exhibit d(106) of Post-Effective Amendment No. 77.
(107)Sub-Advisory Agreement, dated September 14, 1995, between
Fidelity International Investment Advisors and Fidelity
International Investment Advisors (U.K.) Limited on behalf of
Fidelity Hong Kong and China Fund, is incorporated herein by
reference to Exhibit 5(ddddd) of Post-Effective Amendment No.
62.
(108)Sub-Advisory Agreement, dated August 1, 1999, between
Fidelity Management & Research Company and Fidelity
Investments Japan Limited on behalf of Fidelity Hong Kong and
China Fund, is incorporated by reference to Exhibit d(108) of
Post-Effective Amendment No. 77.
(109)Sub-Advisory Agreement, dated September 14, 1995, between
Fidelity Management & Research Company and Fidelity Management
& Research (U.K.) Inc. on behalf of Fidelity Nordic Fund, is
incorporated herein by reference to Exhibit 5(iiiii) of
Post-Effective Amendment No. 62.
-9-
<PAGE>
(110)Sub-Advisory Agreement, dated September 14, 1995, between
Fidelity Management & Research Company and Fidelity Management
& Research (Far East) Inc. on behalf of Fidelity Nordic Fund,
is incorporated herein by reference to Exhibit 5(hhhhh) of
Post-Effective Amendment No. 62.
(111)Sub-Advisory Agreement, dated August 1, 1999, between
Fidelity Management & Research Company and Fidelity
International Investment Advisors on behalf of Fidelity Nordic
Fund, is incorporated herein by reference to Exhibit d(111)
of Post-Effective Amendment No. 77.
(112)Sub-Advisory Agreement, dated September 14, 1995, between
Fidelity International Investment Advisors and Fidelity
International Investment Advisors (U.K.) Limited on behalf of
Fidelity Nordic Fund, is incorporated herein by reference to
Exhibit 5(jjjjj) of Post-Effective Amendment No. 62.
(e)(1)Form of General Distribution Agreement between Fidelity Global
Balanced Fund and Fidelity Distributors Corporation, is
incorporated herein by reference to Exhibit e(1) of Post-
Effective Amendment No. 77.
(2)General Distribution Agreement, dated May 19, 1990,
between Fidelity Overseas Fund, Fidelity Europe Fund, Fidelity
Pacific Basin Fund, Fidelity International Growth & Income
Fund, Fidelity Canada Fund, dated September 30, 1990, between
Fidelity Worldwide Fund, between Fidelity Emerging Markets
Fund (formerly "Fidelity International Opportunities Fund"),
and dated December 12, 1991 between Fidelity Diversified
International Fund and Fidelity Distributors Corporation, are
incorporated herein by reference to Exhibit Nos. 6(a)(1-8) of
Post-Effective Amendment No. 57.
(3)General Distribution Agreement, dated December 12, 1991,
between Fidelity Diversified International Fund and Fidelity
Distributors Corporation, is incorporated herein by reference
to Exhibit 6(k) of Post-Effective Amendment No. 38.
(4)General Distribution Agreement, dated July 16, 1992, between
Fidelity Japan Fund and Fidelity Distributors Corporation, is
incorporated herein by reference to Exhibit 6(l) of
Post-Effective Amendment No. 55.
(5)General Distribution Agreement, dated March 18, 1993, between
Fidelity Latin America Fund and Fidelity Distributors
Corporation, is incorporated herein by reference to Exhibit
6(m) of Post-Effective Amendment No. 55.
(6)General Distribution Agreement, dated March 18, 1993, between
Fidelity Southeast Asia Fund and Fidelity Distributors
Corporation, is incorporated herein by reference to Exhibit
6(n) of Post-Effective Amendment No. 55.
(7)General Distribution Agreement, dated November 18, 1993,
between Fidelity Europe Capital Appreciation Fund and Fidelity
Distributors Corporation, is incorporated herein by reference
to Exhibit 6(p) of Post-Effective Amendment No. 55.
(8)General Distribution Agreement, dated September 16, 1994,
between Fidelity International Value Fund and Fidelity
Distributors Corporation, is incorporated herein by reference
to Exhibit 6(l) of Post-Effective Amendment No. 58.
(9)General Distribution Agreement, dated September 14, 1995,
between Fidelity France Fund and Fidelity Distributors
Corporation, is incorporated herein by reference to Exhibit
6(m) of Post-Effective Amendment No. 66.
(10)General Distribution Agreement, dated September 14, 1995,
between Fidelity Germany Fund and Fidelity Distributors
Corporation, is incorporated herein by reference to Exhibit
6(n) of Post-Effective Amendment No. 66.
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<PAGE>
(11)General Distribution Agreement, dated September 14, 1995,
between Fidelity United Kingdom Fund and Fidelity Distributors
Corporation, is incorporated herein by reference to Exhibit
6(o) of Post-Effective Amendment No. 66.
(12)General Distribution Agreement, dated September 14, 1995,
between Fidelity Japan Small Companies Fund and Fidelity
Distributors Corporation, is incorporated herein by reference
to Exhibit 6(p) of Post-Effective Amendment No. 66.
(13)General Distribution Agreement, dated September 14, 1995,
between Fidelity Hong Kong and China Fund and Fidelity
Distributors Corporation, is incorporated herein by reference
to Exhibit 6(q) of Post-Effective Amendment No. 66.
(14)General Distribution Agreement, dated September 14, 1995,
between Fidelity Nordic Fund and Fidelity Distributors
Corporation, is incorporated herein by reference to Exhibit
6(r) of Post-Effective Amendment No. 66.
(15)Amendments to the General Distribution Agreement, dated March
14, 1996 and July 15, 1996, between Fidelity Investment Trust
on behalf of Fidelity France Fund, Fidelity Germany Fund,
Fidelity Hong Kong and China Fund, Fidelity International
Value Fund, Fidelity Japan Small Companies Fund, Fidelity
Nordic Fund, and Fidelity United Kingdom Fund and Fidelity
Distributors Corporation, are incorporated herein by reference
to Exhibit 6(k) of Fidelity Select Portfolios'(File No.
2-69972) Post-Effective Amendment No. 57.
(16)Amendments to the General Distribution Agreement, dated March
14, 1996 and July 15, 1996, between Fidelity Investment Trust
on behalf of Fidelity Canada Fund, Fidelity Diversified
International Fund, Fidelity Emerging Markets Fund, Fidelity
Europe Fund, Fidelity Europe Capital Appreciation Fund,
Fidelity International Growth & Income Fund, Fidelity Japan
Fund, Fidelity Latin America Fund, Fidelity Overseas Fund,
Fidelity Pacific Basin Fund, Fidelity Southeast Asia Fund, and
Fidelity Worldwide Fund and Fidelity Distributors Corporation,
are incorporated herein by reference to Exhibit 6(l) of
Fidelity Select Portfolios' (File No. 2-69972) Post-Effective
Amendment No. 57 .
(17)Form of Bank Agency Agreement (most recently revised January,
1997) is herein incorporated by reference to Exhibit (e)(17)
of Post-Effective Amendment No. 77.
(18)Form of Selling Dealer Agreement for Bank-Related Transactions
(most recently revised January, 1997) is incorporated
herein by reference to Exhibit (e)(18) of Post-Effective
Amendment No. 77.
(f)(1)The Fee Deferral Plan for Non-Interested Person Directors and
Trustees of the Fidelity Funds, effective as of September 14,
1995 and amended through November 14, 1996, is incorporated
herein by reference to Exhibit 7(b) of Fidelity Aberdeen
Street Trust's (File No. 33-43529) Post-Effective Amendment
No. 19.
(g)(1)Custodian Agreement and Appendix C, dated August 1, 1994,
between The Chase Manhattan Bank, N.A. and Fidelity Investment
Trust on behalf of Fidelity Diversified Global Fund, Fidelity
Diversified International Fund, Fidelity Emerging Markets
Fund, Fidelity Europe Capital Appreciation Fund, Fidelity
Europe Fund, Fidelity International Growth & Income Fund,
Fidelity International Value Fund, Fidelity Japan Fund,
Fidelity Overseas Fund, Fidelity Pacific Basin Fund, Fidelity
Southeast Asia Fund, and Fidelity Worldwide Fund are
incorporated herein by reference to Exhibit 8(a) of Fidelity
Investment Trust's (File No. 2-90649) Post-Effective
Amendment No. 59.
(2)Appendix A, dated February 29, 19998, to the Custodian
Agreement, dated August 1, 1994, between The Chase Manhattan
Bank, N.A. and Fidelity Investment Trust on behalf of Fidelity
Diversified Global Fund, Fidelity Diversified International
Fund, Fidelity Emerging Markets Fund, Fidelity Europe Capital
-11-
<PAGE>
Appreciation Fund, Fidelity Europe Fund, Fidelity
International Growth & Income Fund, Fidelity International
Value Fund, Fidelity Japan Fund, Fidelity Overseas Fund,
Fidelity Pacific Basin Fund, Fidelity Southeast Asia Fund, and
Fidelity Worldwide Fund is incorporated herein by reference to
Exhibit (g)(2) of Fidelity Advisor Series I's
(File No. 2-84776) Post-Effective Amendment No. 50.
(3)Appendix B, dated June 17, 1999, to the Custodian
Agreement, dated August 1, 1994, between The Chase Manhattan
Bank, N.A. and Fidelity Investment Trust on behalf of Fidelity
Diversified Global Fund, Fidelity Diversified International
Fund, Fidelity Emerging Markets Fund, Fidelity Europe Capital
Appreciation Fund, Fidelity Europe Fund, Fidelity
International Growth & Income Fund, Fidelity International
Value Fund, Fidelity Japan Fund, Fidelity Overseas Fund,
Fidelity Pacific Basin Fund, Fidelity Southeast Asia Fund, and
Fidelity Worldwide Fund is incorporated herein by reference to
Exhibit (g)(3) of Fidelity Union Street Trust's (File No.
2-50318) Post-Effective Amendment No. 102.
(4)Addendum, dated October 21, 1996, to the Custodian Agreement
dated August 1, 1994, between The Chase Manhattan Bank, N.A.
and Fidelity Investment Trust on behalf of Fidelity Emerging
Markets Fund, Europe Fund, Europe Capital Appreciation Fund,
Japan Fund, Pacific Basin Fund, and Southeast Asia Fund is
incorporated herein by reference to Exhibit (g)(4) of
of Fidelity Cahrles Street Trust's (File No. 2-73133) Post-
Effective Amendment No. 65.
(5)Custodian Agreement and Appendix C, dated September 1, 1994,
between Brown Brothers Harriman & Company and Fidelity
Investment Trust on behalf of Fidelity France Fund, Fidelity
Germany Fund, Fidelity Japan Small Companies Fund, Fidelity
United Kingdom Fund, Fidelity Hong Kong and China Fund,
Fidelity Nordic Fund, Fidelity Canada Fund, and Fidelity Latin
America Fund is incorporated herein by reference to Exhibit
8(a) of Fidelity Commonwealth Trust's (File No. 2-52322) Post-
Effective Amendment No. 56.
(6)Appendix A, dated August 11, 1999, to the Custodian
Agreement, dated September 1, 1994, between Brown Brothers
Harriman & Company and Fidelity Investment Trust on behalf of
Fidelity France Fund, Fidelity Germany Fund, Fidelity Japan
Small Companies Fund, Fidelity United Kingdom Fund, Fidelity
Hong Kong and China Fund, Fidelity Nordic Fund, Fidelity
Canada Fund, and Fidelity Latin America Fund is incorporated
herein by reference to Exhibit (g)(6) of Fidelity Advisor
Series I's (File No. 2-84776) Post-Effective Amendment No. 50.
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<PAGE>
(7)Appendix B, dated September 16, 1999, to the Custodian
Agreement, dated September 1, 1994, between Brown Brothers
Harriman & Company and Fidelity Investment Trust on behalf
of Fidelity France Fund, Fidelity Germany Fund, Fidelity
Japan Small Companies Fund, Fidelity United Kingdom Fund,
Fidelity Hong Kong and China Fund, Fidelity Nordic Fund,
Fidelity Canada Fund, and Fidelity Latin America Fund is
incorporated herein by reference to Exhibit (g)(7) of Fidelity
Advisor Series I's (File No. 2-84776) Post-Effective Amendment
No. 50.
(8)Addendum, dated October 21,1996, to the Custodian Agreement,
dated September 1, 1994, between Brown Brothers Harriman &
Company and Fidelity France Fund, Fidelity Germany Fund,
Fidelity Japan Small Companies Fund, Fidelity United Kingdom
Fund, Fidelity Hong Kong and China Fund, Fidelity Nordic Fund,
Fidelity Canada Fund, and Fidelity Latin America Fund is
incorporated herein by reference to Exhibit (g)(4) of Fidelity
Commonwealth Trust's (File No. 2-52322) Post-Effective
Amendment No. 68.
(9)Fidelity Group Repo Custodian Agreement, dated February 12,
1996, among The Bank of New York, J. P. Morgan Securities,
Inc., and the Registrant, is incorporated herein by reference
to Exhibit 8(d) of Fidelity Institutional Cash Portfolios'
(File No. 2-74808) Post-Effective Amendment No. 31.
(10)Schedule 1 to the Fidelity Group Repo Custodian Agreement,
dated February 12, 1996, between The Bank of New York and the
Registrant, is incorporated herein by reference to Exhibit
8(e) of Fidelity Institutional Cash Portfolios' (File No.
2-74808) Post-Effective
Amendment No. 31.
(11)Fidelity Group Repo Custodian Agreement, dated November 13,
1995, among Chemical Bank, Greenwich Capital Markets, Inc.,
and the Registrant, is incorporated herein by reference to
Exhibit 8(f) of Fidelity Institutional Cash Portfolios' (File
No. 2-74808) Post-Effective Amendment No. 31.
(12)Schedule 1 to the Fidelity Group Repo Custodian Agreement,
dated November 13, 1995, between Chemical Bank and the
Registrant, is incorporated herein by reference to Exhibit
8(g) of Fidelity Institutional Cash Portfolios' (File No.
2-74808) Post-Effective
Amendment No. 31.
-12a-
<PAGE>
(13)Joint Trading Account Custody Agreement, dated May 11, 1995,
between The Bank of New York and Fidelity Investment Trust on
behalf of Fidelity Canada Fund, Fidelity Diversified
International Fund, Fidelity Emerging Markets Fund, Fidelity
Europe Fund, Fidelity Europe Capital Appreciation Fund,
Fidelity International Growth & Income Fund, Fidelity
International Value Fund, Fidelity Japan Fund, Fidelity Latin
America Fund, Fidelity Overseas Fund, Fidelity Pacific Basin
Fund, Fidelity Southeast Asia Fund and Fidelity Worldwide
Fund, is incorporated herein by reference to Exhibit 8(h) of
Fidelity Institutional Cash Portfolios' (File No. 2-74808)
Post-Effective Amendment No. 31.
(14)First Amendment to Joint Trading Account Custody Agreement,
dated July 14, 1995, between The Bank of New York and Fidelity
Investment Trust on behalf of Fidelity Canada Fund, Fidelity
Diversified International Fund, Fidelity Emerging Markets
Fund, Fidelity Europe Fund, Fidelity Europe Capital
Appreciation Fund, Fidelity International Growth & Income
Fund, Fidelity International Value Fund, Fidelity Japan Fund,
Fidelity Latin America Fund, Fidelity Overseas Fund, Fidelity
Pacific Basin Fund, Fidelity Southeast Asia Fund and Fidelity
Worldwide Fund, is incorporated herein by reference to Exhibit
8(i) of Fidelity Institutional Cash Portfolios' (File No.
2-74808) Post-Effective Amendment No. 31.
(h) Not applicable.
(i) Not applicable.
(j) Not applicable.
(k) Not applicable.
(l) Not applicable.
(m)(1)Form of Distribution and Service Plan pursuant to Rule
12b-1 for Fidelity Global Balanced Fund is incorporated by
reference to Exhibit m(1) of Post-Effective Amendment No. 77.
(2)Distribution and Service Plan pursuant to Rule 12b-1 for
Fidelity Diversified International Fund is incorporated herein
by reference to Exhibit 15(c) of Post-Effective Amendment No.
73.
(3)Distribution and Service Plan pursuant to Rule 12b-1 for
Fidelity International Value Fund is incorporated herein by
reference to Exhibit 15(d) of Post-Effective Amendment No. 73.
(4)Distribution and Service Plan pursuant to Rule 12b-1 for
Fidelity International Growth & Income Fund is incorporated
herein by reference to Exhibit 15(e) of Post-Effective
Amendment No. 73.
(5)Distribution and Service Plan pursuant to Rule 12b-1 for
Fidelity Overseas Fund is incorporated herein by reference to
Exhibit 15(f) of Post-Effective Amendment No. 73.
(6)Distribution and Service Plan pursuant to Rule 12b-1 for
Fidelity Worldwide Fund is incorporated herein by reference to
Exhibit 15(g) of Post-Effective Amendment No. 73.
(n) Not applicable.
(o) Not applicable.
Item 24. Trusts Controlled by or Under Common Control With This Trust
------------------------------------------------------------
The Board of Trustees of the Trust is the same as the board of other
Fidelity funds, each of which has Fidelity Management & Research Company, or
an affiliate, as its investment adviser. In addition, the officers of the
Trust are substantially identical to those of the other Fidelity funds.
Nonetheless, the Trust takes the position that it is not under common control
with other Fidelity funds because the power residing in the respective boards
and officers arises as the result of an official position with the respective
trusts.
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<PAGE>
Item 25.Indemnification
---------------
Article XI, Section 2 of the Declaration of Trust sets forth the
reasonable and fair means for determining whether indemnification shall be
provided to any past or present Trustee or officer. It states that the Trust
shall indemnify any present or past trustee or officer to the fullest extent
permitted by law against liability, and all expenses reasonably incurred by
him or her in connection with any claim, action, suit or proceeding in which
he or she is involved by virtue of his or her service as a trustee or
officer and against any amount incurred in settlement thereof.
Indemnification will not be provided to a person adjudged by a court or
other adjudicatory body to be liable to the Trust or its shareholders by
reason of willful misfeasance, bad faith, gross negligence or reckless
disregard of his or her duties (collectively, "disabling conduct"), or not
to have acted in good faith in the reasonable belief that his or her action
was in the best interest of the Trust. In the event of a settlement, no
indemnification may be provided unless there has been a determination, as
specified in the Declaration of Trust, that the officer or trustee did not
engage in disabling conduct.
Pursuant to Section 11 of the Distribution Agreement, the Trust agrees
to indemnify and hold harmless the Distributor and each of its directors and
officers and each person, if any, who controls the Distributor within the
meaning of Section 15 of the 1933 Act against any loss, liability, claim,
damages or expense (including the reasonable cost of investigating or
defending any alleged loss, liability, claim, damages, or expense and
reasonable counsel fees incurred in connection therewith) arising by reason
of any person acquiring any shares, based upon the ground that the
registration statement, Prospectus, Statement of Additional Information,
shareholder reports or other information filed or made public by the Trust
(as from time to time amended) included an untrue statement of a material
fact or omitted to state a material fact required to be stated or necessary
in order to make the statements not misleading under the 1933 Act, or any
other statute or the common law. However, the Trust does not agree to
indemnify the Distributor or hold it harmless to the extent that the
statement or omission was made in reliance upon, and in conformity with,
information furnished to the Trust by or on behalf of the Distributor. In no
case is the indemnity of the Trust in favor of the Distributor or any person
indemnified to be deemed to protect the Distributor or any person against
any liability to the Issuer or its security holders to which the Distributor
or such person would otherwise be subject by reason of willful misfeasance,
bad faith or gross negligence in the performance of its duties or by reason
of its reckless disregard of its obligations and duties under this
Agreement.
Pursuant to the agreement by which Fidelity Service Company, Inc.
("FSC") is appointed transfer agent, the Trust agrees to indemnify and hold
FSC harmless against any losses, claims, damages, liabilities or expenses
(including reasonable counsel fees and expenses) resulting from:
(1) any claim, demand, action or suit brought by any person other than
the Trust, including by a shareholder, which names FSC and/or the Trust as a
party and is not based on and does not result from FSC's willful
misfeasance, bad faith or negligence or reckless disregard of duties, and
arises out of or in connection with FSC's performance under the Transfer
Agency Agreement; or
(2) any claim, demand, action or suit (except to the extent
contributed to by FSC's willful misfeasance, bad faith or negligence or
reckless disregard of its duties) which results from the negligence of the
Trust, or from FSC's acting upon any instruction(s) reasonably believed by
it to have been executed or communicated by any person duly authorized by
the Trust, or as a result of FSC's acting in reliance upon advice reasonably
believed by FSC to have been given by counsel for the Trust, or as a result
of FSC's acting in reliance upon any instrument or stock certificate
reasonably believed by it to have been genuine and signed, countersigned or
executed by the proper person.
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<PAGE>
Item 26. Business and Other Connections of Investment Advisers
- -------- -----------------------------------------------------
(1) FIDELITY MANAGEMENT & RESEARCH COMPANY (FMR)
82 Devonshire Street, Boston, MA 02109
FMR serves as investment adviser to a number of other investment companies.
The directors and officers of the Adviser have held, during the past two fiscal
years, the following positions of a substantial nature.
Edward C. Johnson 3d Chairman of the Board and Director of
FMR; President and Chief Executive
Officer of FMR Corp.; Chairman of the
Board and Director of FMR Corp.,
Fidelity Investments Money
Management, Inc. (FIMM), Fidelity
Management & Research (U.K.) Inc.
(FMR U.K.), and Fidelity Management &
Research (Far East) Inc. (FMR Far
East); Chairman of the Executive
Committee of FMR; Director of
Fidelity Investments Japan Limited
(FIJ); President and Trustee of funds
advised by FMR.
Robert C. Pozen President and Director of FMR; Senior
Vice President and Trustee of funds
advised by FMR; President and
Director of FIMM, FMR U.K., and FMR
Far East; Director of Strategic
Advisers, Inc.; Previously, General
Counsel, Managing Director, and
Senior Vice President of FMR Corp.
Peter S. Lynch Vice Chairman of the Board and
Director of FMR.
John Avery Vice President of FMR.
Robert Bertelson Vice President of FMR.
John H. Carlson Vice President of FMR and of funds
advised by FMR.
Robert C. Chow Vice President of FMR.
Dwight D. Churchill Senior Vice President of FMR and Vice
President of Bond Funds advised by
FMR; Vice President of FIMM.
Laura B. Cronin Vice President of FMR and Treasurer
of FMR, FIMM, FMR U.K., and FMR Far East.
Barry Coffman Vice President of FMR.
Arieh Coll Vice President of FMR.
Catherine Collins Vice President of FMR.
Frederic G. Corneel Tax Counsel of FMR.
William Danoff Senior Vice President of FMR and Vice
President of a fund advised by FMR.
Scott E. DeSano Vice President of FMR.
Penelope Dobkin Vice President of FMR and of a fund
advised by FMR.
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<PAGE>
Walter C. Donovan Vice President of FMR.
Bettina Doulton Senior Vice President of FMR and of
funds advised by FMR.
Stephen DuFour Vice President of FMR.
Margaret L. Eagle Vice President of FMR and of funds
advised by FMR.
William R. Ebsworth Vice President of FMR.
David Felman Vice President of FMR.
Richard B. Fentin Senior Vice President of FMR and
Vice President of a fund advised by FMR.
Karen Firestone Vice President of FMR.
Michael B. Fox Assistant Treasurer of FMR, FIMM, FMR
U.K., and FMR Far East; Vice President and
Treasurer of FMR Corp.; Vice President of FMR
U.K., FMR Far East, and FIMM.
Gregory Fraser Vice President of FMR and of a fund
advised by FMR.
Jay Freedman Assistant Clerk of FMR; Clerk of FMR
Corp., FMR U.K., FMR Far East, and Strategic
Advisers, Inc.; Secretary of FIMM; Vice
President Deputy General Counsel FMR Corp.
David L. Glancy Vice President of FMR and of a fund
advised by FMR.
Barry A. Greenfield Vice President of FMR.
Boyce I. Greer Senior Vice President of FMR and Vice
President of Money Market Funds
advised by FMR; Vice President of
FIMM.
Bart A. Grenier Senior Vice President of FMR and Vice
President of High-Income Funds
advised by FMR.
Robert Haber Vice President of FMR.
Richard C. Habermann Senior Vice President of FMR and
Vice President of funds advised by FMR.
Fred L. Henning Jr. Senior Vice President of FMR; Senior
Vice President of FIMM; Vice
President of Fixed-Income Funds
advised by FMR.
Bruce T. Herring Vice President of FMR.
Robert F. Hill Vice President of FMR and Director of
Technical Research.
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<PAGE>
Frederick Hoff Vice President of FMR.
Abigail P. Johnson Senior Vice President of FMR and
Vice President of funds advised by FMR;
Director of FMR Corp.; Associate Director and
Senior Vice President of Equity Funds advised
by FMR.
David B. Jones Vice President of FMR.
Steven Kaye Senior Vice President of FMR and of a
fund advised by FMR.
Francis V. Knox Vice President of FMR; Compliance
Officer of FMR U.K. and FMR Far East.
Harris Leviton Vice President of FMR.
Bradford E. Lewis Vice President of FMR and of funds
advised by FMR.
Richard R. Mace Jr. Vice President of FMR and of funds
advised by FMR.
Shigeki Makino Vice President of FMR.
Charles A. Mangum Vice President of FMR and of a fund
advised by FMR.
Kevin McCarey Vice President of FMR and of a fund
advised by FMR.
James McDowell Senior Vice President of FMR.
Neal P. Miller Vice President of FMR.
Jacques Perold Vice President of FMR.
Stephen Peterson Senior Vice President of FMR.
Alan Radlo Vice President of FMR.
Eric D. Roiter Vice President, General Counsel and
Clerk of FMR and Secretary of funds advised
by FMR.
Lee H. Sandwen Vice President of FMR.
Patricia A. Satterthwaite Vice President of FMR and of a fund
advised by FMR.
Fergus Shiel Vice President of FMR.
Richard A. Silver Vice President of FMR.
Carol A. Smith-Fachetti Vice President of FMR.
Steven J. Snider Vice President of FMR and of funds
advised by FMR.
Thomas T. Soviero Vice President of FMR and of a fund
advised by FMR.
-17-
<PAGE>
Richard Spillane Senior Vice President of FMR;
Associate Director and Senior Vice
President of Equity Funds advised by
FMR; Previously, Senior Vice
President and Director of Operations
and Compliance of FMR U.K.
Thomas M. Sprague Vice President of FMR and of funds
advised by FMR.
Robert E. Stansky Senior Vice President of FMR and
Vice President of a fund advised by FMR.
Scott D. Stewart Vice President of FMR.
Beth F. Terrana Senior Vice President of FMR and
Vice President of a fund advised by FMR.
Yoko Tilley Vice President of FMR.
Joel C. Tillinghast Vice President of FMR and of a fund
advised by FMR.
Robert Tuckett Vice President of FMR.
Jennifer Uhrig Vice President of FMR and of funds
advised by FMR.
George A. Vanderheiden Senior Vice President of FMR
and Vice President of funds advised by FMR;
Director of FMR Corp.
Steven S. Wymer Vice President of FMR and of a fund
advised by FMR.
(2) FIDELITY MANAGEMENT & RESEARCH (U.K.) INC. (FMR U.K.)
25 Lovat Lane, London, EC3R 8LL, England
FMR U.K. provides investment advisory services to Fidelity Management &
Research Company and Fidelity Management Trust Company. The directors and
officers of the Sub-Adviser have held the following positions of a substantial
nature during the past two fiscal years.
Edward C. Johnson 3d Chairman of the Board and Director of
FMR U.K., FMR, FMR Corp., FIMM, and
FMR Far East; President and Chief
Executive Officer of FMR Corp.;
Chairman of the Executive Committee
of FMR; Director of Fidelity
Investments Japan Limited (FIJ);
President and Trustee of funds
advised by FMR.
Robert C. Pozen President and Director of FMR U.K.;
Senior Vice President and Trustee of
funds advised by FMR; President and
Director of FIMM, FMR, and FMR Far
East; Director of Strategic Advisers,
Inc.; Previously, General Counsel,
Managing Director, and Senior Vice
President of FMR Corp.
-18-
<PAGE>
Laura B. Cronin Treasurer of FMR U.K., FMR Far East,
FMR, and FIMM and Vice President of FMR.
Michael B. Fox
Assistant Treasurer of FMR, FIMM, FMR U.K., and
FMR Far East; Vice President and Treasurer of
FMR Corp.; Vice President of FMR U.K., FMR Far
East, and FIMM.
Simon Fraser Senior Vice President of FMR.
Jay Freedman Clerk of FMR U.K., FMR Far East, FMR
Corp., and Strategic Advisers, Inc.; Assistant
Clerk of FMR; Secretary of FIMM; Vice President
Deputy General Counsel FMR Corp.
Susan Englander Hislop Assistant Clerk of FMR U.K., FMR Far East and
FIMM.
Francis V. Knox Compliance Officer of FMR U.K. and
FMR Far East; Vice President of FMR.
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<PAGE>
(3) FIDELITY MANAGEMENT & RESEARCH (Far East) INC. (FMR Far East)
Shiroyama JT Mori Bldg., 4-3-1 Toranomon Minato-ku, Tokyo 105, Japan
FMR Far East provides investment advisory services to Fidelity Management &
Research Company and Fidelity Management Trust Company. The directors and
officers of the Sub-Adviser have held the following positions of a substantial
nature during the past two fiscal years.
Edward C. Johnson 3d Chairman of the Board and
Director of FMR Far East, FMR,
FMR Corp., FIMM, and FMR U.K.;
Chairman of the Executive
Committee of FMR; President and
Chief Executive Officer of FMR
Corp.; Director of Fidelity
Investments Japan Limited (FIJ);
President and Trustee of funds
advised by FMR.
Robert C. Pozen President and Director of FMR
Far East; Senior Vice President
and Trustee of funds advised by
FMR; President and Director of
FIMM, FMR U.K., and FMR;
Director of Strategic Advisers,
Inc.; Previously, General
Counsel, Managing Director, and
Senior Vice President of FMR
Corp.
Robert H. Auld Senior Vice President of FMR Far
East.
Laura B. Cronin Treasurer of FMR Far East, FMR U.K.,
FMR, and FIMM and Vice President of FMR.
Michael B. Fox Assistant Treasurer of FMR, FIMM, FMR U.K., and
FMR Far East; Vice President and Treasurer of
FMR Corp.; Vice President of FMR U.K., FMR Far
East, and FIMM.
Francis V. Knox Compliance Officer of FMR Far East and
FMR U.K.; Vice President of FMR.
Jay Freedman Clerk of FMR Far East, FMR U.K.,
FMR Corp., and Strategic
Advisers, Inc.; Assistant Clerk
of FMR; Secretary of FIMM; Vice
President Deputy General Counsel
FMR Corp.
Susan Englander Hislop Assistant Clerk of FMR Far
East, FMR U.K., and Strategic Advisers, Inc.;
Assistant Secretary of FIMM.
Billy Wilder Vice President of FMR Far East;
President and Representative
Director of FIJ.
-20-
<PAGE>
(4) FIDELITY INTERNATIONAL INVESTMENT ADVISORS (FIIA)
Pembroke Hall, 42 Crow Lane, Pembroke HM19, Bermuda
The directors and officers of FIIA have held, during the past two fiscal
years, the following positions of a substantial nature.
Anthony J. Bolton Director of FIIA, Fidelity
International Investment
Advisors (U.K.) Limited
(FIIA(U.K.)L), Fidelity
Investment Management Limited
(FIML (U.K.)), Fidelity
Investment Services Limited
(FISL (U.K.)), and Fidelity
Investments International (FII).
Simon Fraser Director and President of FIIA.
Richard Ford Vice President of FIIA.
Simon Haslam Director and Chief Financial
Officer of FIIA, FISL (U.K.),
and FII; Director and Secretary
of FIIA (U.K.)L; Previously,
Chief Financial Officer of FIL;
Company Secretary of Fidelity
Investments Group of Companies
(U.K.); Director of FIJ.
David J. Saul President and Director of FIIA;
Previously, Director of Fidelity
International Limited; and
numerous companies and funds in
the FIL group.
Keith Ferguson Director of FIIA.
Richard Horlick Director of FIIA.
K.C. Lee Director of FIIA and Fidelity
Investments Management (Hong
Kong) Limited.
Frank Mutch Director of FIIA.
Peter Phillips Director of FIIA and Fidelity
Investments Management (Hong
Kong) Limited.
Matthew Heath Secretary of FIIA.
Terrence V. Richards Assistant Secretary of FIIA.
Rosalie Sheppard Assistant Secretary of FIIA.
(5) FIDELITY INTERNATIONAL INVESTMENT ADVISORS (U.K.) LIMITED
(FIIA(U.K.)L) 26 Lovat Lane, London, EC3R 8LL, England
-21-
<PAGE>
The directors and officers of FIIA(U.K.)L have held, during the past two
fiscal years, the following positions of a substantial nature.
Anthony J. Bolton Director of FIIA(U.K.)L,
Fidelity International
Investment Advisors (FIIA),
Fidelity Investment Management
Limited (FIML (U.K.)), Fidelity
Investment Services Limited
(FISL (U.K.)), and Fidelity
Investments International (FII).
Pamela Edwards Director of FIIA(U.K.)L, FISL
(U.K.), and FII; Previously,
Director of Legal Services for
Europe.
Simon Haslam Director and Secretary of FIIA
(U.K.)L; Director and Chief
Financial Officer of FIIA, FISL
(U.K.), and FII; Chief Financial
Officer of FIL (U.K.);
Previously, Chief Financial
Officer of FIL, Company
Secretary of Fidelity
Investments Group of Companies
(U.K.); Director of FIJ.
Sally Walden Director of FIIA(U.K.)L and FISL
(U.K.).
Sally Hinchliffe Assistant Secretary of
FIIA(U.K.)L.
(6) FIDELITY INVESTMENTS JAPAN LIMITED (FIJ)
Shiroyama JT Mori Bldg., 4-3-1 Toranomon Minato-ku, Tokyo 105, Japan
The directors and officers of FIJ have held, during the past two fiscal
years, the following positions of a substantial nature.
Edward C. Johnson 3d Chairman and Representative
Director of FIJ; Chairman of
the Board and Director of FMR
Far East, FMR, FMR Corp., FMR
U.K., and FIMM; Chairman of the
Executive Committee of FMR;
President and Chief Executive
Officer of FMR Corp.; President
and Trustee of funds advised by
FMR.
Yasuo Kuramoto Vice Chairman and
Representative Director of FIJ.
Billy Wilder President and Representative
Director of FIJ; Vice President
of FMR Far East.
Noboru Kawai Director and General Manager of
Administration of FIJ.
Tetsuzo Nishimura Director and Vice President of
Wholesales/Broker Distribution
of FIJ.
Hiroshi Yamashita
Senior Managing Director of FIJ.
Yasushi Murofushi
Statutory Auditor of FIJ.
Takeshi Okazaki Director and Head of
Institutional Sales of FIJ.
-22-
<PAGE>
Simon Haslam Director of FIJ; Director and
Chief Financial Officer of
FIIA, FISL (U.K.), and FII;
Director and Secretary of FIIA
(U.K.)L; Previously, Chief
Financial Officer of FIL;
Company Secretary of Fidelity
Investments Group of Companies
(U.K.).
Item 27. Principal Underwriters
----------------------
(a) Fidelity Distributors Corporation (FDC) acts as distributor for all
funds advised by FMR or an affiliate.
(b)
Name and Principal Positions and Offices Positions and Offices
Business Address* With Underwriter With Fund
----------------- ---------------- ---------
Edward C. Johnson 3d Director Trustee and President
Michael Mlinac Director None
James Curvey Director None
Martha B. Willis President None
Eric D. Roiter Vice President Secretary
Caron Ketchum Treasurer and Controller None
Gary Greenstein Assistant Treasurer None
Jay Freedman Assistant Clerk None
Linda Holland Compliance Officer None
* 82 Devonshire Street, Boston, MA
(c) Not applicable.
Item 28. Location of Accounts and Records
--------------------------------
All accounts, books, and other documents required to be maintained by
Section 31(a) of the 1940 Act and the Rules promulgated thereunder are
maintained by Fidelity Management & Research Company, Fidelity Service Company,
Inc., or Fidelity Investments Institutional Operations Company, Inc., 82
Devonshire Street, Boston, MA 02109, or the funds' respective custodian: The
Chase Manhattan Bank, 1 Chase Manhattan Plaza, New York, N.Y. and Brown Brothers
Harriman & Co., 40 Water Street, Boston, MA.
Item 29. Management Services
-------------------
Not applicable.
Item 30. Undertakings
------------
Not applicable.
-23-
<PAGE>
POWER OF ATTORNEY
-----------------
<TABLE>
<CAPTION>
I, the undersigned Director, Trustee, or General Partner, as the case may
be, of the following investment companies:
<S> <C>
Fidelity Aberdeen Street Trust Fidelity Government Securities Fund
Fidelity Advisor Annuity Fund Fidelity Hastings Street Trust
Fidelity Advisor Series I Fidelity Hereford Street Trust
Fidelity Advisor Series II Fidelity Income Fund
Fidelity Advisor Series III Fidelity Institutional Cash Portfolios
Fidelity Advisor Series IV Fidelity Institutional Tax-Exempt Cash Portfolios
Fidelity Advisor Series V Fidelity Institutional Trust
Fidelity Advisor Series VI Fidelity Investment Trust
Fidelity Advisor Series VII Fidelity Magellan Fund
Fidelity Advisor Series VIII Fidelity Massachusetts Municipal Trust
Fidelity Beacon Street Trust Fidelity Money Market Trust
Fidelity Boston Street Trust Fidelity Mt. Vernon Street Trust
Fidelity California Municipal Trust Fidelity Municipal Trust
Fidelity California Municipal Trust II Fidelity Municipal Trust II
Fidelity Capital Trust Fidelity New York Municipal Trust
Fidelity Charles Street Trust Fidelity New York Municipal Trust II
Fidelity Commonwealth Trust Fidelity Phillips Street Trust
Fidelity Congress Street Fund Fidelity Puritan Trust
Fidelity Contrafund Fidelity Revere Street Trust
Fidelity Corporate Trust Fidelity School Street Trust
Fidelity Court Street Trust Fidelity Securities Fund
Fidelity Court Street Trust II Fidelity Select Portfolios
Fidelity Covington Trust Fidelity Sterling Performance Portfolio, L.P.
Fidelity Daily Money Fund Fidelity Summer Street Trust
Fidelity Daily Tax-Exempt Fund Fidelity Trend Fund
Fidelity Destiny Portfolios Fidelity U.S. Investments-Bond Fund, L.P.
Fidelity Deutsche Mark Performance Fidelity U.S. Investments-Government Securities
Portfolio, L.P. Fund, L.P.
Fidelity Devonshire Trust Fidelity Union Street Trust
Fidelity Exchange Fund Fidelity Union Street Trust II
Fidelity Financial Trust Fidelity Yen Performance Portfolio, L.P.
Fidelity Fixed-Income Trust Variable Insurance Products Fund
Variable Insurance Products Fund II
</TABLE>
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 Director, Trustee, or General Partner (collectively, the
"Funds"), hereby constitute and appoint Arthur J. Brown, Arthur C. Delibert,
Stephanie A. Djinis, Robert C. Hacker, Thomas M. Leahey, Richard M. Phillips,
and Dana L. Platt, each of them singly, my true and lawful attorneys-in-fact,
with full power of substitution, and with full power to each of them, to sign
for me and in my name in the appropriate capacities, all Registration Statements
of the Funds on Form N-1A, Form N-8A or any successor thereto, any and all
subsequent Amendments, Pre-Effective Amendments, or Post-Effective Amendments to
said Registration Statements on Form N-1A or any successor thereto, any
Registration Statements on Form N-14, 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 comply with the provisions of the Securities Act of 1933 and the
Investment Company Act of 1940, and all related requirements of the Securities
and Exchange Commission. I hereby ratify and confirm all that said
attorneys-in-fact or their substitutes may do or cause to be done by virtue
hereof. This power of attorney is effective for all documents filed on or after
March 1, 1997.
<PAGE>
WITNESS my hand on the date set forth below.
/s/ Robert M. Gates March 6, 1997
- ------------------
Robert M. Gates
<PAGE>
POWER OF ATTORNEY
-----------------
<TABLE>
<CAPTION>
I, the undersigned President and Director, Trustee, or General Partner, as
the case may be, of the following investment companies:
<S> <C>
Fidelity Hereford Street Trust
Fidelity Aberdeen Street Trust Fidelity Income Fund
Fidelity Advisor Series I Fidelity Institutional Cash Portfolios
Fidelity Advisor Series II Fidelity Institutional Tax-Exempt Cash Portfolios
Fidelity Advisor Series III Fidelity Investment Trust
Fidelity Advisor Series IV Fidelity Magellan Fund
Fidelity Advisor Series V Fidelity Massachusetts Municipal Trust
Fidelity Advisor Series VI Fidelity Money Market Trust
Fidelity Advisor Series VII Fidelity Mt. Vernon Street Trust
Fidelity Advisor Series VIII Fidelity Municipal Trust
Fidelity Beacon Street Trust Fidelity Municipal Trust II
Fidelity Boston Street Trust Fidelity New York Municipal Trust
Fidelity California Municipal Trust Fidelity New York Municipal Trust II
Fidelity California Municipal Trust II Fidelity Phillips Street Trust
Fidelity Capital Trust Fidelity Puritan Trust
Fidelity Charles Street Trust Fidelity Revere Street Trust
Fidelity Commonwealth Trust Fidelity School Street Trust
Fidelity Concord Street Trust Fidelity Securities Fund
Fidelity Congress Street Fund Fidelity Select Portfolios
Fidelity Contrafund Fidelity Sterling Performance Portfolio, L.P.
Fidelity Corporate Trust Fidelity Summer Street Trust
Fidelity Court Street Trust Fidelity Trend Fund
Fidelity Court Street Trust II Fidelity U.S. Investments-Bond Fund, L.P.
Fidelity Covington Trust Fidelity U.S. Investments-Government Securities Fund, L.P.
Fidelity Daily Money Fund Fidelity Union Street Trust
Fidelity Destiny Portfolios Fidelity Union Street Trust II
Fidelity Deutsche Mark Performance Fidelity Yen Performance Portfolio, L.P.
Portfolio, L.P. Newbury Street Trust
Fidelity Devonshire Trust Variable Insurance Products Fund II
Fidelity Exchange Fund Variable Insurance Products Fund III
Fidelity Financial Trust
Fidelity Fixed-Income Trust
Fidelity Government Securities Fund
Fidelity Hastings Street Trust
</TABLE>
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 President and Director, Trustee, or General
Partner (collectively, the "Funds"), hereby constitute and appoint Robert C.
Pozen my true and lawful attorney-in-fact, with full power of substitution, and
with full power to him to sign for me and in my name in the appropriate
capacity, all Registration Statements of the Funds on Form N-1A, Form N-8A, or
any successor thereto, any and all subsequent Amendments, Pre-Effective
Amendments, or Post-Effective Amendments to said Registration Statements on Form
N-1A, Form N-8A, or any successor thereto, any Registration Statements on Form
N-14, and any supplements or other instruments in connection therewith, and
generally to do all such things in my name and on my behalf in connection
therewith as said attorney-in-fact deems necessary or appropriate, to comply
with the provisions of the Securities Act of 1933 and the Investment Company Act
of 1940, and all related requirements of the Securities and Exchange Commission.
I hereby ratify and confirm all that said attorney-in-fact or his substitutes
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, 1997.
<PAGE>
WITNESS my hand on the date set forth below.
/s/ Edward C. Johnson 3D July 17, 1997
- -----------------------
Edward C. Johnson 3d
<PAGE>
POWER OF ATTORNEY
We, the undersigned Directors, Trustees, or General Partners, as the case
may be, of the following investment companies:
<TABLE>
<CAPTION>
<CAPTION>
<S> <C>
Fidelity Aberdeen Street Trust Fidelity Government Securities Fund
Fidelity Advisor Annuity Fund Fidelity Hastings Street Trust
Fidelity Advisor Series I Fidelity Hereford Street Trust
Fidelity Advisor Series II Fidelity Income Fund
Fidelity Advisor Series III Fidelity Institutional Cash Portfolios
Fidelity Advisor Series IV Fidelity Institutional Tax-Exempt Cash Portfolios
Fidelity Advisor Series V Fidelity Institutional Trust
Fidelity Advisor Series VI Fidelity Investment Trust
Fidelity Advisor Series VII Fidelity Magellan Fund
Fidelity Advisor Series VIII Fidelity Massachusetts Municipal Trust
Fidelity Beacon Street Trust Fidelity Money Market Trust
Fidelity Boston Street Trust Fidelity Mt. Vernon Street Trust
Fidelity California Municipal Trust Fidelity Municipal Trust
Fidelity California Municipal Trust II Fidelity Municipal Trust II
Fidelity Capital Trust Fidelity New York Municipal Trust
Fidelity Charles Street Trust Fidelity New York Municipal Trust II
Fidelity Commonwealth Trust Fidelity Phillips Street Trust
Fidelity Congress Street Fund Fidelity Puritan Trust
Fidelity Contrafund Fidelity Revere Street Trust
Fidelity Corporate Trust Fidelity School Street Trust
Fidelity Court Street Trust Fidelity Securities Fund
Fidelity Court Street Trust II Fidelity Select Portfolios
Fidelity Covington Trust Fidelity Sterling Performance Portfolio, L.P.
Fidelity Daily Money Fund Fidelity Summer Street Trust
Fidelity Daily Tax-Exempt Fund Fidelity Trend Fund
Fidelity Destiny Portfolios Fidelity U.S. Investments-Bond Fund, L.P.
Fidelity Deutsche Mark Performance Fidelity U.S. Investments-Government Securities
Portfolio, L.P. Fund, L.P.
Fidelity Devonshire Trust Fidelity Union Street Trust
Fidelity Exchange Fund Fidelity Union Street Trust II
Fidelity Financial Trust Fidelity Yen Performance Portfolio, L.P.
Fidelity Fixed-Income Trust Variable Insurance Products Fund
Variable Insurance Products Fund II
</TABLE>
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 Directors, Trustees, or General Partners (collectively, the
"Funds"), hereby constitute and appoint Arthur J. Brown, Arthur C. Delibert,
Stephanie A. Djinis, Robert C. Hacker, Thomas M. Leahey, Richard M. Phillips,
and Dana L. Platt, each of them singly, our true and lawful attorneys-in-fact,
with full power of substitution, and with full power to each of them, to sign
for us and in our names in the appropriate capacities, all Registration
Statements of the Funds on Form N-1A, Form N-8A or any successor thereto, any
and all subsequent Amendments, Pre-Effective Amendments, or Post-Effective
Amendments to said Registration Statements on Form N-1A or any successor
thereto, any Registration Statements on Form N-14, and any supplements or other
instruments in connection therewith, and generally to do all such things in our
names and behalf in connection therewith as said attorneys-in-fact deems
necessary or appropriate, to comply with the provisions of the Securities Act of
1933 and the Investment Company Act of 1940, and all related requirements of the
Securities and Exchange Commission. I hereby ratify and confirm all that said
attorneys-in-fact or their substitutes may do or cause to be done by virtue
hereof. This power of attorney is effective for all documents filed on or after
January 1, 1997.
<PAGE>
WITNESS our hands on this nineteenth day of December, 1996.
/s/Edward C. Johnson 3d /s/Peter S. Lynch
- ---------------------------------- ---------------------------------
Edward C. Johnson 3d Peter S. Lynch
/s/J. Gary Burkhead /s/William O. McCo
- ---------------------------------- ---------------------------------
J. Gary Burkhead William O. McCoy
/s/Ralph F. Cox /s/Gerald C. McDonough
- ---------------------------------- ---------------------------------
Ralph F. Cox Gerald C. McDonough
/s/Phyllis Burke Davis /s/Marvin L. Mann
- ---------------------------------- ---------------------------------
Phyllis Burke Davis Marvin L. Mann
/s/E. Bradley Jones /s/Thomas R. Williams
- ---------------------------------- ---------------------------------
E. Bradley Jones Thomas R. Williams
/s/Donald J. Kirk
- ----------------------------------
Donald J. Kirk
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933 and the Investment
Company Act of 1940, the Registrant certifies that it meets all of the
requirements for the effectiveness of this Registration Statement pursuant to
Rule 485(b) under the Securities Act of 1933 and has duly caused this
Post-Effective Amendment No. 78 to the Registration Statement to be signed on
its behalf by the undersigned, thereunto duly authorized, in the City of Boston,
and Commonwealth of Massachusetts, on the 10th day of December 1999.
Fidelity Investment Trust
By /s/ Edward C. Johnson 3d, +
------------------------------------
Edward C. Johnson 3d, President
Pursuant to the requirements of the Securities Act of 1933, this
Registration Statement has been signed below by the following persons in the
capacities and on the dates indicated.
<TABLE>
<CAPTION>
(Signature) (Title) (Date)
- ----------- ------- ------
<S> <C> <C>
/s/ Edward C. Johnson 3d + President and Trustee December 10, 1999
- ------------------------------------------ (Principal Executive Officer) --
Edward C. Johnson 3d
/s/ Richard A. Silver Treasurer December 10, 1999
- ------------------------------------------ --
Richard A. Silver
/s/ Robert C. Pozen Trustee December 10, 1999
- ------------------------------------------ --
Robert C. Pozen
/s/ Ralph F. Cox * Trustee December 10, 1999
- ------------------------------------------ --
Ralph F. Cox
/s/ Phyllis Burke Davis * Trustee December 10, 1999
- ------------------------------------------ --
Phyllis Burke Davis
/s/ Robert M. Gates ** Trustee December 10, 1999
- ------------------------------------------ --
Robert M. Gates
/s/ E. Bradley Jones * Trustee December 10, 1999
- ------------------------------------------ --
E. Bradley Jones
/s/ Donald J. Kirk * Trustee December 10, 1999
- ------------------------------------------ --
Donald J. Kirk
/s/ Peter S. Lynch * Trustee December 10, 1999
- ------------------------------------------ --
Peter S. Lynch
/s/ Marvin L. Mann * Trustee December 10, 1999
- ------------------------------------------ --
Marvin L. Mann
/s/ William O. McCoy * Trustee December 10, 1999
- ------------------------------------------ --
William O. McCoy
/s/ Gerald C. McDonough * Trustee December 10, 1999
- ------------------------------------------ --
Gerald C. McDonough
/s/ Thomas R. Williams * Trustee December 10, 1999
- ------------------------------------------ --
Thomas R. Williams
+ Signatures affixed by Robert C. Pozen pursuant to a power of attorney dated July 17, 1997 and filed herewith.
* Signature affixed by Robert C. Hacker pursuant to a power of attorney dated December 19, 1996 and filed herewith.
** Signature affixed by Robert C. Hacker pursuant to a power of attorney dated March 6, 1997 and filed herewith.
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933 and the Investment
Company Act of 1940, the Registrant certifies that it meets all of the
requirements for the effectiveness of this Registration Statement pursuant to
Rule 485(b) under the Securities Act of 1933 and has duly caused this
Post-Effective Amendment No. 78 to the Registration Statement to be signed on
its behalf by the undersigned, thereunto duly authorized, in the City of Boston,
and Commonwealth of Massachusetts, on the 10th day of December 1999.
Fidelity Investment Trust
By /s/ Edward C. Johnson 3d, +
------------------------------------
Edward C. Johnson 3d, President
Pursuant to the requirements of the Securities Act of 1933, this
Registration Statement has been signed below by the following persons in the
capacities and on the dates indicated.
(Signature) (Title) (Date)
- ----------- ------- ------
<S> <C> <C>
/s/ Edward C. Johnson 3d + President and Trustee December 10, 1999
- ------------------------------------------ (Principal Executive Officer) --
Edward C. Johnson 3d
/s/ Richard A. Silver * Treasurer December 10, 1999
- ------------------------------------------ --
Richard A. Silver
/s/ Robert C. Pozen Trustee December 10, 1999
- ------------------------------------------ --
Robert C. Pozen
/s/ Ralph F. Cox ** Trustee December 10, 1999
- ------------------------------------------ --
Ralph F. Cox
/s/ Phyllis Burke Davis ** Trustee December 10, 1999
- ------------------------------------------ --
Phyllis Burke Davis
/s/ Robert M. Gates *** Trustee December 10, 1999
- ------------------------------------------ --
Robert M. Gates
/s/ E. Bradley Jones ** Trustee December 10, 1999
- ------------------------------------------ --
E. Bradley Jones
/s/ Donald J. Kirk ** Trustee December 10, 1999
- ------------------------------------------ --
Donald J. Kirk
/s/ Peter S. Lynch ** Trustee December 10, 1999
- ------------------------------------------ --
Peter S. Lynch
/s/ Marvin L. Mann ** Trustee December 10, 1999
- ------------------------------------------ --
Marvin L. Mann
/s/ William O. McCoy ** Trustee December 10, 1999
- ------------------------------------------ --
William O. McCoy
/s/ Gerald C. McDonough ** Trustee December 10, 1999
- ------------------------------------------ --
Gerald C. McDonough
/s/ Thomas R. Williams ** Trustee December 10, 1999
- ------------------------------------------ --
Thomas R. Williams
+ Signatures affixed by Robert C. Pozen pursuant to a power of attorney dated July 17, 1997 and filed herewith.
* Signature affixed by John H. Costello pursuant to a power of attorney dated June 30,1997 and filed herewith.
** Signature affixed by Robert C. Hacker pursuant to a power of attorney dated December 19, 1996 and filed herewith.
*** Signature affixed by Robert C. Hacker pursuant to a power of attorney dated March 6, 1997 and filed herewith.
</TABLE>
