Vice President, Capital Markets Strategy

Paul de Moor

Vice President, Capital Markets Strategy

Paul de Moor is vice president and a member of the Capital Markets Strategy Group (CMSG) at Fidelity Financial Advisor Solutions (FFAS), a division of Fidelity Investments. Fidelity Investments is a leading provider of investment management, retirement planning, portfolio guidance, brokerage, benefits outsourcing, and other financial products and services to more than 20 million individuals, institutions, and financial intermediaries. Mr. de Moor joined Fidelity in 2004 as a fixed income investment director with Pyramis Global Advisors and Fidelity Management & Research Company where he represented Fidelity's fixed income capabilities and assisted in the oversight of institutional fixed income investment strategies. Mr. de Moor has over 21 years of industry experience. Prior to joining Fidelity, he served in equity and fixed income related product management and client service positions at Wells Capital Management and Scudder, Stevens and Clark. He also performed various trading functions on the Commodity Exchange (COMEX) covering Gold, Silver and Crude Oil futures and options. Paul earned a Bachelor of Arts degree in Economics from Vassar College. He is a Chartered Financial Analyst charter holder and a member of the Boston Security Analyst Society and the Security Analysts Society of San Francisco.

For Investment Professionals Only Before investing, have your client consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus, containing this information. Have your client read it carefully.

Fidelity Investments Institutional Services Company, Inc. 500 Salem Street, Smithfield, RI 02917

566117.7.0

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