Fidelity Stock Selector Large Cap Value Fund

The fund primarily directs at least 80% of its capital into shares of significant, large-capitalization companies, specifically those with market values akin to constituents of the Russell 1000® Index or the S&P 500® Index. The advisor identifies and purchases securities issued by businesses believed to be trading at a discount in the market. This determination of undervaluation is based on an analysis of factors such as their assets, revenue, profits, potential for growth, or cash generation, and can also involve comparisons to other companies within the same industry.