AMENDMENT NO. 2. dated November 28, 2018

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AMENDMENT NO. 2 dated November 28, 2018 to the Simplified Prospectus of Fidelity Capital Structure Corp. dated April 1, 2018, as amended by Amendment No. 1 dated July 3, 2018 (the Simplified Prospectus ) in respect of: A, B, E1, E1T5, E2, E2T5, E3, E4, F, F5, F8, P1, P1T5, P2, P3, P4, P5, S5, S8, T5 and T8 shares of Fidelity Canadian Disciplined Equity Class E3 shares of Fidelity North American Equity Class A, B, E1, E1T5, E2, E2T5, E3, E4, F, P1, P2, P3, P4, S5, S8, T5 and T8 shares of Fidelity U.S. Focused Stock Class A, B, E1, E1T5, E2, E3, F, F5, F8, P1, P1T5, P2, P3, S5, S8, T5 and T8 shares of Fidelity Event Driven Opportunities Currency Neutral Class A, B, E1, E1T5, E2, E3, E4, F, F5, F8, P1, P2, P3, P4, S5, S8, T5 and T8 shares of Fidelity Global Disciplined Equity Class E2T5 shares of Fidelity Global Concentrated Equity Class The Simplified Prospectus is being amended to: (collectively, the Funds ) (i) (ii) add series of shares to the Funds, except Fidelity North American Equity Class and Fidelity Global Concentrated Equity Class; and add a U.S. dollar purchase option for E3 shares of Fidelity North American Equity Class and E2T5 shares of Fidelity Global Concentrated Equity Class. AMENDMENTS TO THE SIMPLIFIED PROSPECTUS The technical amendments to the Simplified Prospectus required to effect these amendments are set out below:

- 2-1. Front Cover The front cover is amended to indicate the following: P2T5 shares are also available for Fidelity Canadian Disciplined Equity Class; F5 and F8 shares are also available for Fidelity U.S. Focused Stock Class; P2T5 and P4 shares are also available for Fidelity Event Driven Opportunities Currency Neutral Class; and (d) P1T5 shares are also available for Fidelity Global Disciplined Equity Class. 2. Fund profile of Fidelity Canadian Disciplined Equity Class The row entitled Date started on page 65 is amended by adding the following Date started P2T5 November 28, 2018 The row entitled Type of securities on page 65 is amended by adding the P2T5 series. on page 65 is amended by deleting the row for P2 and P2 and P2T5 0.80% 0.125% *This series can also be bought in U.S. dollars. fee** **This is the Fee if the Fund has less than $100 million in net Fee on each series is reduced by 0.01%. If the Fund has over 3. Fund profile of Fidelity North American Equity Class The row entitled Type of securities on page 92 is amended by adding an asterisk to the E3 series. 4. Fund profile of Fidelity U.S. Focused Stock Class The row entitled Date started on page 107 is amended by adding the following

- 3 - Date started F5 and F8 November 28, 2018 The row entitled Type of securities on page 107 is amended by adding the F5 and F8 series. on page 107 is amended by deleting the row for F and F, F5 and F8 0.85% 0.225% fee* *This is the Fee if the Fund has less than $100 million in net Fee on each series is reduced by 0.01%. If the Fund has over 5. Fund profile of Fidelity Event Driven Opportunities Currency Neutral Class The row entitled Date started on page 128 is amended by adding the following Date started P2T5 and P4 November 28, 2018 The row entitled Type of securities on page 128 is amended by adding the P2T5 and P4 series. on page 128 is amended by deleting and replacing the row for P2 and by adding a row for P4: P2 and P2T5 0.80% 0.155% P4 0.725% 0.130% fee* *This is the Fee if the Fund has less than $100 million in net Fee on each series is reduced by 0.01%. If the Fund has over 6. Fund profile of Fidelity Global Disciplined Equity Class The row entitled Date started on page 149 is amended by adding the following Date started P1T5 November 28, 2018

- 4 - The row entitled Type of securities on page 149 is amended by adding the P1T5 series. on page 149 is amended by deleting the row for P1 and P1 and P1T5 0.825% 0.200% *This series can also be bought in U.S. dollars. fee** **This is the Fee if the Fund has less than $100 million in net Fee on each series is reduced by 0.01%. If the Fund has over 7. Fund profile of Fidelity Global Concentrated Equity Class The row entitled Type of securities on page 164 is amended by adding an asterisk to the E2T5 series. 8. Back Cover The back cover is amended to indicate the following: P2T5 shares are also available for Fidelity Canadian Disciplined Equity Class; F5 and F8 shares are also available for Fidelity U.S. Focused Stock Class; P2T5 and P4 shares are also available for Fidelity Event Driven Opportunities Currency Neutral Class; and (d) P1T5 shares are also available for Fidelity Global Disciplined Equity Class.

- 5 - PURCHASER S STATUTORY RIGHTS Securities legislation in several of the provinces and territories gives you the right to withdraw from an agreement to buy securities within two business days after you receive a simplified prospectus or fund facts, or to cancel your purchase within 48 hours after you receive confirmation of a securities purchase. If you buy securities under a contractual plan, the time period for your right to withdraw from the purchase may be longer. In several provinces and territories, securities law also gives you the right to cancel a purchase or, in some jurisdictions, claim damages if the simplified prospectus, annual information form, fund facts or financial statements contain a misrepresentation. You must act within the time limit set by the securities legislation in your province or territory. You can find out more by consulting the securities legislation in the province or territory or by consulting a legal advisor.