Fidelity Canadian Asset Allocation Fund

Fidelity Canadian Asset Allocation Fund Semi-Annual Management Report of Fund Performance

Caution Regarding Forward-looking Statements Certain portions of this report, including, but not limited to, Results of Operations and Recent Developments, may contain forward-looking statements about the Fund, including its strategy, risks, expected performance and condition. Forward-looking statements include statements that are predictive in nature, that depend upon or refer to future events or conditions, or that include words such as expects, anticipates, intends, plans, believes, estimates and similar forward-looking expressions or negative versions thereof. In addition, any statement that may be made concerning future performance, strategies or prospects, and possible future Fund action, is also a forward-looking statement. Forward-looking statements are based on current expectations and projections about future events and are inherently subject to, among other things, risks, uncertainties and assumptions about the Fund and economic factors. Accordingly, assumptions concerning future economic and other factors may prove to be incorrect at a future date. Forward-looking statements are not guarantees of future performance, and actual events and results could differ materially from those expressed or implied in any forward-looking statements made by the Fund. Any number of important factors could contribute to these digressions, including, but not limited to, general economic, political and market factors in North America and internationally, interest and foreign exchange rates, global equity and capital markets, business competition, technological change, changes in government regulations, unexpected judicial or regulatory proceedings, and catastrophic events. It should be stressed that the above-mentioned list of important factors is not exhaustive. You are encouraged to consider these and other factors carefully before making any investment decisions and you are urged to avoid placing undue reliance on forward-looking statements. Further, you should be aware of the fact that the Fund has no specific intention of updating any forward-looking statements whether as a result of new information, future events or otherwise, prior to the release of the next Management Report of Fund Performance.

Semi-Annual Management Report of Fund Performance as at Fidelity Canadian Asset Allocation Fund This semi-annual management report of fund performance contains financial highlights but does not contain the complete semi-annual financial statements for the investment fund. You can get a copy of the semi-annual financial statements at your request, and at no cost, by calling 1-8-263-477, by writing to us at Fidelity Investments, 483 Bay St. Suite 3, Toronto ON M5G 2N7 or by visiting our website at www.fidelity.ca or SEDAR at www.sedar.com. Security holders may also contact us using one of these methods to request a copy of the investment fund s proxy voting policies and procedures, proxy voting disclosure record or quarterly portfolio disclosure relating to the investment fund. Management Discussion of Fund Performance Results of Operations Fidelity Canadian Asset Allocation Fund (Fund), Series B, returned 2.6%, after fees and expenses, for the six-month period ended. The net returns of the other series of this Fund are similar to those of Series B, except for differences attributable to expense structures. Canadian equities, as represented by the S&P/TSX Composite Index, returned 1.2%, while Canadian investment-grade bonds, as represented by the FTSE TMX Canada Universe Bond Index, returned -2.3% for the review period. Market overview: Canadian equities rallied, largely through the strength of banking and oil and gas stocks. Higher global oil prices, supported in large part by the agreement of the Organization of Petroleum Exporting Countries (OPEC) to curtail production, helped to provide a further tailwind to the energy sector. Base metal commodity prices rebounded amid improving market sentiment and signs of economic stabilization in China. Canadian markets were also boosted by a surge in financial stocks, with Canadian bank share prices rising over the period, largely on the basis of continued positive investor sentiment, supported by a spillover effect from strength in U.S. financial stocks, which rallied after the recent presidential election. Insurance stocks also gained following the interest rate hike in the U.S. toward the end of the review period. Conversely, Canadian fixed-income markets declined; the optimism regarding the President-elect s fiscal policies, which were generally viewed as positive for equity markets, did not support the bond markets. Additionally, bond markets in Canada weakened in an increasing-interestrate environment. The U.S. Federal Reserve increased its key interest rate in December by 25 basis points, to between.5% and.75%, amid improved economic activity in the U.S. Growth in the U.S. was supported by a strong labour market, positive consumer sentiment, increased government spending and robust consumption. The Bank of Canada maintained its overnight interest rate at.5%. Factors affecting performance: The Fund s benchmark returned 5.9% for the period under review. The benchmark consists of 65.% S&P/TSX Capped Composite Index, 3.% FTSE TMX Canada Universe Bond Index and 5.% FTSE TMX Canada 91 Day T-Bill Index. The Fund underperformed its benchmark, primarily due to the Fund s stock selection among equities. Exposure to U.S. Treasury bonds also detracted from relative performance, while lower-than-benchmark exposure to Canadian investment-grade bonds contributed to relative performance. Among equities, the Fund s exposure to certain stocks in the consumer staples and energy sectors detracted from relative performance. In the consumer staples sector, the Fund s exposure to food and staples retailers Metro and Empire detracted from relative performance. In the energy sector, the Fund s lower-than-benchmark exposure to oil and gas companies Suncor Energy and Encana detracted from relative performance. Additionally, the Fund s exposure to gold stocks such as Tahoe Resources and Randgold Resources detracted from relative performance. In contrast, the Fund s investments in enterprise software solutions provider Constellation Software and Japanese video game developer Nintendo contributed to relative performance. Additionally, the Fund s lower-than-benchmark exposure to gold producer Goldcorp, contributed to relative performance. At the end of the review period, the Fund had no exposure to Goldcorp. Portfolio changes: During the review period, portfolio managers Geoff Stein and David Wolf increased exposure to global resource equities, and reduced exposure to Canadian investment-grade bonds, in favour of U.S. Treasury Inflation-Protected Securities and U.S. investment-grade bonds. Among equities, the equity portfolio managers increased the Fund s exposure to the financials and energy sectors owing to attractive valuations. In the financials sector, the portfolio managers increased exposure to Toronto-Dominion Bank and Royal Bank of Canada. In the energy sector, the portfolio managers increased exposure to oil and gas company Suncor Energy and initiated a position in energy infrastructure company TransCanada. In contrast, exposure to the utilities sector was reduced; the portfolio managers sought better opportunities elsewhere. Derivative Disclosure: 1

Fidelity Canadian Asset Allocation Fund Management Discussion of Fund Performance continued During the period under review, the Fund engaged in interest rate and short equity futures contracts in a manner consistent with its investment objective and strategies. Interest rate futures were used to execute investment strategies that allowed the Fund to potentially benefit from attractive yields in certain securities, while mitigating the possible interest rate risk that would have otherwise accompanied these investments. The Fund did not have any exposure to these futures positions at the end of the review period. The Fund also engaged in short Canadian equity futures positions. This investment strategy allowed the Fund to effectively reduce exposure to Canadian equities without the need to sell out of strategic positions. These short futures positions, in aggregate, accounted for approximately 2.% of the Fund s net assets at the end of the review period. In general, the futures contracts tended to be more liquid and less expensive than purchasing direct equity or bond securities. However, security selection continued to be the primary driver of performance, and these derivatives had no material impact on performance. Recent Developments Portfolio managers Geoff Stein and David Wolf note that the recent U.S. presidential election result could lead to an uptick in domestic growth and inflation from looser fiscal policy, although there remains considerable uncertainty about the timing and magnitude. While the U.S. Federal Reserve is expected to be gradual in removing monetary stimulus, other global central banks remain exceptionally accommodative. Against this backdrop, the managers have aimed to position the Fund defensively. The investment-grade fixed-income portfolio managers believe that the Canadian economy will continue to operate in a low-growth environment, supported by accommodative monetary and financial conditions and federal fiscal measures. Following the U.S. election, global bond yields, including those in Canada, have risen significantly in anticipation of fiscal expansion in the U.S. economy. The portfolio managers aim to maintain liquidity in order to be positioned to take advantage of buying opportunities. At the end of the review period, Canadian equities accounted for the highest absolute exposure in the Fund, followed by Canadian bonds. 2

Related Party Transactions Manager and Portfolio Adviser The Fund is managed by Fidelity Investments Canada ULC (Fidelity). Fidelity is part of a broader group of companies collectively known as Fidelity Investments. Fidelity provides or arranges for the provision of all general management and administrative services required by the Fund in its day to day operations, bookkeeping, record keeping and other administrative services for the Fund. Fidelity is the portfolio adviser to the Fund. Fidelity has entered into sub-advisory agreements with a number of entities including Fidelity Investments Money Management, Inc., FMR Co., Inc. and Fidelity (Canada) Asset Management ULC, to provide investment advice with respect to all or a portion of the investments of the Fund. The sub-advisors arrange for acquisition and disposition of portfolio investments, including all necessary brokerage arrangements. The Fund pays Fidelity a monthly management and advisory fee for their services, based on the net asset value of each Series, calculated daily and payable monthly. The Fund paid Fidelity management and advisory fees of $26,981, for the period ended. Administration Fee Fidelity charges the Fund a fixed administration fee in place of certain variable expenses. Fidelity, in turn, pays all of the operating expenses of the Fund, other than certain specified fund costs (e.g. the fees and expenses of the Independent Review Committee, taxes, brokerage commissions and interest charges). The Fund pays an annual rate, which is calculated on a tiered basis, based on the net asset value of each Series, calculated daily and payable monthly. The Fund paid Fidelity administration fees of $2,351, for the period ended. Brokerage Commissions The Fund may place a portion of its portfolio transactions with brokerage firms which are affiliates of Fidelity Investments, including National Financial Services LLC, provided it determines that these affiliates trade execution abilities and costs are comparable to those of non affiliated, qualified brokerage firms, on an execution only basis. Commissions paid to brokerage firms that are affiliates of Fidelity Investments were $3, for the period ended. Fidelity receives standing instructions from the IRC in respect of policies and procedures governing best execution of transactions with affiliates, which includes brokers affiliated to Fidelity Investments, at least once per year. 3

Financial Highlights The following tables show selected key financial information about the Fund and are intended to help you understand the Fund s financial performance for the period end of the years shown. This information is derived from the Fund s audited annual and/or unaudited semi-annual financial statements. Please see the front page for information about how you can obtain the Fund s annual or semi-annual financial statements. Fidelity Canadian Asset Allocation Fund Series A Six-months ended June 3, 215 214 213 212 Net assets, beginning of period B $ 26.7915 $ 27.3411 $ 28.6435 $ 24.876 $ 23.9126 $ 25.8871 Total revenue.3889.852.7847.7723.738.7473 Total expenses (excluding distributions) (.3469) (.6783) (.7252) (.6662) (.6132) (.615) Realized gains (losses).5137.144 2.262 1.9958.4282 (.682) Unrealized gains (losses).1656 (.1673) (1.5759) 2.3999.7328 (.8455) Total increase (decrease) from operations B.7213.19.6898 4.518 1.2858 (1.3169) From net investment income (excluding dividends) (.1233) (.3191) (.1979) (.846) (.1121) From dividends (.2622) (.335) (.195) (.144) (.262) From capital gains (.5675) (1.1812) (.2888) (.3365) Return of capital Total distributions B,C (.953) (1.838) (.6772) (.2286) (.6548) Net assets, end of period B $ 27.4669 $ 26.7915 $ 27.3411 $ 28.6435 $ 24.7927 $ 23.9126 Net asset value (s) D $ 293,6 $ 347,763 $ 514,794 $ 79,53 $ 886,784 $ 1,382,71 Securities outstanding D 1,686,296 12,97,477 18,823,147 24,765,926 35,746,521 57,779,351 Management expense ratio E,F 2.44% 2.45% 2.48% 2.51% 2.48% 2.46% Management expense ratio before waivers or absorptions E,F 2.5% 2.5% 2.51% 2.51% 2.48% 2.46% Trading expense ratio G.7%.7%.8%.9%.9%.12% Portfolio turnover rate H 28.52% 64.6% 73.81% 69.46% 63.76% 98.94% Net asset value per security, end of period $ 27.468 $ 26.7914 $ 27.3416 $ 28.6435 $ 24.876 $ 23.939 4

Fidelity Canadian Asset Allocation Fund Series B Six-months ended June 3, 215 214 213 212 The Series Net Assets per Security A Net assets, beginning of period B $ 26.864 $ 27.4193 $ 28.7224 $ 24.8322 $ 23.9338 $ 25.9112 Increase (decrease) from operations: Total revenue.394.8541.7883.7759.7417.7494 Total expenses (excluding distributions) (.3184) (.6148) (.6617) (.652) (.5584) (.5567) Realized gains (losses).5259.796 2.1834 2.294.447 (.596) Unrealized gains (losses).1312.26 (1.6518) 2.3856.6595 (.8671) Total increase (decrease) from operations B.7327.3395.6582 4.5857 1.2835 (1.274) From net investment income (excluding dividends) (.1313) (.335) (.234) (.141) (.1212) From dividends (.2793) (.3422) (.2217) (.1773) (.223) From capital gains (.645) (1.2233) (.2419) (.364) Return of capital Total distributions B,C (1.151) (1.896) (.694) (.2814) (.782) Net assets, end of period B $ 27.577 $ 26.864 $ 27.4193 $ 28.7224 $ 24.8172 $ 23.9338 Net asset value (s) D $ 2,169,296 $ 2,297,314 $ 2,682,1 $ 2,914,271 $ 3,9,37 $ 3,965,586 Securities outstanding D 78,633,367 85,48,78 97,76,997 11,421,551 121,174,994 165,562,65 Management expense ratio E,F 2.23% 2.23% 2.26% 2.27% 2.26% 2.25% Management expense ratio before waivers or absorptions E,F 2.27% 2.27% 2.27% 2.27% 2.26% 2.25% Trading expense ratio G.7%.7%.8%.9%.9%.12% Portfolio turnover rate H 28.52% 64.6% 73.81% 69.46% 63.76% 98.94% Net asset value per security, end of period $ 27.5718 $ 26.8641 $ 27.42 $ 28.7226 $ 24.8322 $ 23.9522 5

Financial Highlights continued Fidelity Canadian Asset Allocation Fund Series F Six-months ended June 3, 215 214 213 212 Net assets, beginning of period B $ 27.1216 $ 27.6989 $ 29.379 $ 24.892 $ 23.9896 $ 25.9798 Total revenue.418.862.82.7825.7413.756 Total expenses (excluding distributions) (.1596) (.325) (.335) (.296) (.2673) (.2677) Realized gains (losses).5338.675 2.1622 2.74.4239 (.5893) Unrealized gains (losses).713.2352 (1.7628) 2.3947.7152 (.8831) Total increase (decrease) from operations B.8473.864.8691 4.9552 1.6131 (.9895) From net investment income (excluding dividends) (.1741) (.3936) (.3918) (.296) (.175) From dividends (.256) (.372) (.476) (.377) (.3572) (.3135) From capital gains (.813) (1.457) (.69) (.5118) Return of capital Total distributions B,C (.256) (1.3456) (2.2582) (.7757) (.5668) (.9958) Net assets, end of period B $ 27.7885 $ 27.1216 $ 27.6989 $ 29.379 $ 24.8753 $ 23.9896 Net asset value (s) D $ 116,355 $ 11,542 $ 98,182 $ 7,344 $ 57,26 $ 83,154 Securities outstanding D 4,214,525 4,77,88 3,543,423 2,424,492 2,3,488 3,463,596 Management expense ratio E,I 1.9% 1.9% 1.1% 1.12% 1.11% 1.1% Management expense ratio before waivers or absorptions E,I 1.1% 1.11% 1.12% 1.12% 1.11% 1.1% Trading expense ratio G.7%.7%.8%.9%.9%.12% Portfolio turnover rate H 28.52% 64.6% 73.81% 69.46% 63.76% 98.94% Net asset value per security, end of period $ 27.791 $ 27.122 $ 27.71 $ 29.384 $ 24.892 $ 24.79 Fidelity Canadian Asset Allocation Fund Series F5 Six-months ended June 3, 215 214 213 J Net assets, beginning of period B $ 14.1734 $ 15.2533 $ 16.779 $ 15.581 $ 15. Total revenue.241.4673.4557.4944.186 Total expenses (excluding distributions) (.787) (.1393) (.1856) (.184) (.337) Realized gains (losses).2785 (.288) 1.1845 1.3684.1531 Unrealized gains (losses).521.444 (1.361) 1.5393 (1.1433) Total increase (decrease) from operations B.456.7432.4185 3.2181 (.9153) From net investment income (excluding dividends) (.948) (.2225) (.2312) From dividends (.17) (.214) (.234) (.2225) From capital gains (.4358) (.8233) (.57) Return of capital (.3661) (.7492) (.7716) (.7374) (.125) Total distributions B,C (.4731) (1.4812) (2.478) (1.1968) (.125) Net assets, end of period B $ 14.1559 $ 14.1734 $ 15.2533 $ 16.779 $ 15.49 Net asset value (s) D $ 2,514 $ 2,921 $ 1,557 $ 226 $ 31 Securities outstanding D 177,645 26,326 12,36 13,481 2,5 Management expense ratio E,I 1.8% 1.6% 1.8% 1.14% 1.12% Management expense ratio before waivers or absorptions E,I 1.9% 1.8% 1.1% 1.14% 1.12% Trading expense ratio G.7%.7%.8%.9%.9% Portfolio turnover rate H 28.52% 64.6% 73.81% 69.46% 63.76% Net asset value per security, end of period $ 14.1569 $ 14.174 $ 15.2536 $ 16.777 $ 15.581 6

Fidelity Canadian Asset Allocation Fund Series F8 Six-months ended June 3, 215 214 213 J Net assets, beginning of period B $ 12.866 $ 14.2837 $ 16.2265 $ 14.9899 $ 15. Total revenue.1894.4288.432.529.145 Total expenses (excluding distributions) (.767) (.1512) (.1812) (.1792) (.149) Realized gains (losses).252.192 1.1281 1.521.896 Unrealized gains (losses).95.225 (.9424) 1.1637 (.1) Total increase (decrease) from operations B.3742.5173.4347 3.255.1791 From net investment income (excluding dividends) (.864) (.2124) (.228) From dividends (.927) (.1836) (.22) (.2194) From capital gains (.3974) (.7862) (.49) Return of capital (.51) (1.163) (1.2322) (1.1797) (.2) Total distributions B,C (.627) (1.7737) (2.458) (1.632) (.2) Net assets, end of period B $ 12.6755 $ 12.866 $ 14.2837 $ 16.2265 $ 14.989 Net asset value (s) D $ 2,696 $ 2,151 $ 1,284 $ 379 $ 1 Securities outstanding D 213,143 167,574 89,97 23,388 68 Management expense ratio E,I 1.11% 1.1% 1.11% 1.14%.81% Management expense ratio before waivers or absorptions E,I 1.11% 1.12% 1.14% 1.14%.81% Trading expense ratio G.7%.7%.8%.9%.9% Portfolio turnover rate H 28.52% 64.6% 73.81% 69.46% 63.76% Net asset value per security, end of period $ 12.6757 $ 12.8658 $ 14.2839 $ 16.2264 $ 14.99 7

Financial Highlights continued Fidelity Canadian Asset Allocation Fund Series O Six-months ended June 3, 215 214 213 212 The Series Net Assets per Security A Net assets, beginning of period B $ 27.754 $ 27.677 $ 29.213 $ 24.896 $ 24.27 $ 26.48 Increase (decrease) from operations: Total revenue.3986.7133.7935.7815.7443.7515 Total expenses (excluding distributions) (.98) (.263) (.25) (.11) Realized gains (losses).5319.845 2.218 2.45.4442 (.59) Unrealized gains (losses).1174.28 (1.6675) 2.3971.629 (.8614) Total increase (decrease) from operations B 1.381.9795 1.3118 5.2225 1.8175 (.6999) From net investment income (excluding dividends) (.2132) (.4484) (.5562) (.3123) (.2184) From dividends (.5125) (.4533) (.4644) (.5354) (.5323) (.415) From capital gains (.988) (1.6599) (.6553) Return of capital Total distributions B,C (.5125) (1.6473) (2.5727) (1.916) (.8446) (1.2752) Net assets, end of period B $ 27.5877 $ 27.754 $ 27.677 $ 29.213 $ 24.8811 $ 24.27 Ratios and Supplemental Data Net asset value (s) D $ 3,18,819 $ 3,186,573 $ 3,659,611 $ 4,426,998 $ 4,467,626 $ 5,469,837 Securities outstanding D 19,365,56 117,625,374 132,27,733 152,441,821 179,451,249 227,79,89 Management expense ratio K % % % % % % Management expense ratio before waivers or absorptions K % % % % % % Trading expense ratio G.7%.7%.8%.9%.9%.12% Portfolio turnover rate H 28.52% 64.6% 73.81% 69.46% 63.76% 98.94% Net asset value per security, end of period $ 27.5868 $ 27.753 $ 27.6712 $ 29.214 $ 24.896 $ 24.211 8

Fidelity Canadian Asset Allocation Fund Series T5 Six-months ended June 3, 215 214 213 212 Net assets, beginning of period B $ 9.2246 $ 9.9312 $ 1.9339 $ 9.9735 $ 1.1467 $ 11.5799 Total revenue.1318.312.2927.319.362.3266 Total expenses (excluding distributions) (.1192) (.2438) (.271) (.2615) (.2535) (.2655) Realized gains (losses).1713.446.8332.769.1812 (.2585) Unrealized gains (losses).58 (.479) (.642).9556.2998 (.377) Total increase (decrease) from operations B.2419.541.257 1.765.5337 (.5681) From net investment income (excluding dividends) (.439) (.1195) (.781) (.354) (.493) From dividends (.933) (.1237) (.752) (.64) (.96) From capital gains (.217) (.4422) (.1131) (.1479) Return of capital (.2448) (.4971) (.529) (.5436) (.552) (.569) Total distributions B,C (.2448) (.836) (1.263) (.81) (.6478) (.8568) Net assets, end of period B $ 9.217 $ 9.2246 $ 9.9312 $ 1.9339 $ 9.9674 $ 1.1467 Net asset value (s) D $ 4,27 $ 4,936 $ 7,43 $ 12,213 $ 18,762 $ 29,886 Securities outstanding D 442,597 535,728 749,13 1,119,88 1,881,173 2,943,142 Management expense ratio E,F 2.46% 2.46% 2.48% 2.5% 2.48% 2.45% Management expense ratio before waivers or absorptions E,F 2.53% 2.51% 2.5% 2.5% 2.48% 2.45% Trading expense ratio G.7%.7%.8%.9%.9%.12% Portfolio turnover rate H 28.52% 64.6% 73.81% 69.46% 63.76% 98.94% Net asset value per security, end of period $ 9.2117 $ 9.2245 $ 9.9313 $ 1.9338 $ 9.9735 $ 1.1545 Fidelity Canadian Asset Allocation Fund Series T8 Six-months ended June 3, 215 214 213 212 Net assets, beginning of period B $ 6.144 $ 6.841 $ 7.8169 $ 7.3946 $ 7.7922 $ 9.212 Total revenue.875.244.263.2217.2313.2555 Total expenses (excluding distributions) (.781) (.1639) (.1911) (.1914) (.1928) (.212) Realized gains (losses).1148.282.5852.5639.1331 (.2146) Unrealized gains (losses).43 (.45) (.4128).6997.2418 (.3) Total increase (decrease) from operations B.1672.282.1876 1.2939.4134 (.4693) From net investment income (excluding dividends) (.296) (.841) (.571) (.263) (.383) From dividends (.63) (.872) (.549) (.448) (.74) From capital gains (.1363) (.3113) (.826) (.1149) Return of capital (.2454) (.5549) (.648) (.6735) (.689) (.742) Total distributions B,C (.2454) (.7838) (1.1234) (.8681) (.761) (.9656) Net assets, end of period B $ 6.52 $ 6.144 $ 6.841 $ 7.8169 $ 7.391 $ 7.7922 Net asset value (s) D $ 7,489 $ 9,324 $ 14,323 $ 24,519 $ 37,449 $ 66,264 Securities outstanding D 1,239,685 1,518,451 2,96,995 3,142,29 5,64,377 8,497,353 Management expense ratio E,F 2.43% 2.44% 2.48% 2.5% 2.49% 2.47% Management expense ratio before waivers or absorptions E,F 2.5% 2.5% 2.51% 2.5% 2.49% 2.47% Trading expense ratio G.7%.7%.8%.9%.9%.12% Portfolio turnover rate H 28.52% 64.6% 73.81% 69.46% 63.76% 98.94% Net asset value per security, end of period $ 6.55 $ 6.144 $ 6.842 $ 7.8168 $ 7.3946 $ 7.7982 9

Financial Highlights continued Fidelity Canadian Asset Allocation Fund Series S5 Six-months ended June 3, 215 214 213 212 Net assets, beginning of period B $ 9.2423 $ 9.9482 $ 1.9475 $ 9.9582 $ 1.1245 $ 11.555 Total revenue.1337.34.294.332.362.3265 Total expenses (excluding distributions) (.188) (.2181) (.2471) (.2393) (.2297) (.244) Realized gains (losses).188.242.875.7956.1858 (.252) Unrealized gains (losses).456 (.526) (.6141).9416.2885 (.3956) Total increase (decrease) from operations B.2513.575.243 1.811.558 (.5615) From net investment income (excluding dividends) (.466) (.1233) (.894) (.436) (.531) From dividends (.989) (.1276) (.86) (.743) (.976) From capital gains (.214) (.4561) (.964) (.1593) Return of capital (.2442) (.4964) (.5181) (.5316) (.545) (.569) Total distributions B,C (.2442) (.8559) (1.2251) (.834) (.6629) (.879) Net assets, end of period B $ 9.241 $ 9.2423 $ 9.9482 $ 1.9475 $ 9.9521 $ 1.1245 Net asset value (s) D $ 16,418 $ 17,789 $ 22,899 $ 22,59 $ 22,212 $ 31,165 Securities outstanding D 1,778,596 1,926,855 2,33,957 2,16,626 2,23,51 3,75,833 Management expense ratio E,F 2.24% 2.24% 2.27% 2.29% 2.26% 2.24% Management expense ratio before waivers or absorptions E,F 2.28% 2.28% 2.28% 2.29% 2.26% 2.24% Trading expense ratio G.7%.7%.8%.9%.9%.12% Portfolio turnover rate H 28.52% 64.6% 73.81% 69.46% 63.76% 98.94% Net asset value per security, end of period $ 9.2414 $ 9.2423 $ 9.9484 $ 1.9475 $ 9.9582 $ 1.1323 1

Fidelity Canadian Asset Allocation Fund Series S8 Six-months ended June 3, 215 214 213 212 Net assets, beginning of period B $ 6.1673 $ 6.8687 $ 7.8454 $ 7.475 $ 7.844 $ 9.2247 Total revenue.891.253.27.2225.2329.2565 Total expenses (excluding distributions) (.725) (.149) (.1749) (.1752) (.1752) (.1898) Realized gains (losses).1192.199.5733.5811.1376 (.232) Unrealized gains (losses).286.112 (.4333).6855.276 (.2973) Total increase (decrease) from operations B.1644.874.1721 1.3139.429 (.4338) From net investment income (excluding dividends) (.315) (.869) (.659) (.329) (.417) From dividends (.67) (.91) (.634) (.56) (.768) From capital gains (.145) (.3217) (.699) (.1252) Return of capital (.246) (.5548) (.641) (.6735) (.689) (.742) Total distributions B,C (.246) (.7983) (1.1388) (.8727) (.7779) (.9857) Net assets, end of period B $ 6.83 $ 6.1673 $ 6.8687 $ 7.8454 $ 7.431 $ 7.844 Net asset value (s) D $ 54,373 $ 57,214 $ 67,51 $ 72,335 $ 75,738 $ 99,15 Securities outstanding D 8,955,882 9,294,214 9,778,97 9,239,12 1,224,474 12,694,535 Management expense ratio E,F 2.25% 2.25% 2.27% 2.28% 2.26% 2.24% Management expense ratio before waivers or absorptions E,F 2.28% 2.28% 2.29% 2.28% 2.26% 2.24% Trading expense ratio G.7%.7%.8%.9%.9%.12% Portfolio turnover rate H 28.52% 64.6% 73.81% 69.46% 63.76% 98.94% Net asset value per security, end of period $ 6.833 $ 6.1672 $ 6.8687 $ 7.8454 $ 7.475 $ 7.814 Fidelity Canadian Asset Allocation Fund Series E1 Six-months ended June 3, L Net assets, beginning of period B $ 1.6656 $ 1. Total revenue.1651.1259 Total expenses (excluding distributions) (.1234) (.993) Realized gains (losses).227.459 Unrealized gains (losses) (.617).7234 Total increase (decrease) from operations B.27.7959 From net investment income (excluding dividends) From dividends From capital gains Return of capital Total distributions B,C Net assets, end of period B $ 1.95 $ 1.6656 Net asset value (s) D $ 149,31 $ 82,648 Securities outstanding D 13,632,798 7,729,348 Management expense ratio E,M 2.18% 2.18% Management expense ratio before waivers or absorptions E,M 2.21% 2.22% Trading expense ratio G.7%.7% Portfolio turnover rate H 28.52% 64.6% Net asset value per security, end of period $ 1.954 $ 1.6656 11

Financial Highlights continued Fidelity Canadian Asset Allocation Fund Series E1T5 Six-months ended June 3, L Net assets, beginning of period B $ 2.8572 $ 2. Total revenue.3241.2483 Total expenses (excluding distributions) (.2397) (.27) Realized gains (losses).3838.129 Unrealized gains (losses) (.685) 1.3697 Total increase (decrease) from operations B.3997 1.522 From net investment income (excluding dividends) From dividends From capital gains Return of capital (.558) (.459) Total distributions B,C (.558) (.459) Net assets, end of period B $ 2.863 $ 2.8572 Net asset value (s) D $ 2,629 $ 1,292 Securities outstanding D 126,169 62,11 Management expense ratio E,M 2.2% 2.21% Management expense ratio before waivers or absorptions E,M 2.24% 2.24% Trading expense ratio G.7%.7% Portfolio turnover rate H 28.52% 64.6% Net asset value per security, end of period $ 2.8611 $ 2.857 Fidelity Canadian Asset Allocation Fund Series E2 Six-months ended June 3, L Net assets, beginning of period B $ 1.6676 $ 1. Total revenue.163.1265 Total expenses (excluding distributions) (.129) (.967) Realized gains (losses).2215.435 Unrealized gains (losses) (.618).711 Total increase (decrease) from operations B.218.7834 From net investment income (excluding dividends) From dividends From capital gains Return of capital Total distributions B,C Net assets, end of period B $ 1.9545 $ 1.6676 Net asset value (s) D $ 17,541 $ 1,36 Securities outstanding D 1,63,112 987,41 Management expense ratio E,M 2.13% 2.14% Management expense ratio before waivers or absorptions E,M 2.17% 2.18% Trading expense ratio G.7%.7% Portfolio turnover rate H 28.52% 64.6% Net asset value per security, end of period $ 1.9549 $ 1.6669 12

Fidelity Canadian Asset Allocation Fund Series E2T5 Six-months ended June 3, L Net assets, beginning of period B $ 2.874 $ 2. Total revenue.3374.24 Total expenses (excluding distributions) (.2258) (.18) Realized gains (losses).566.8 Unrealized gains (losses) (.4798) 1.2 Total increase (decrease) from operations B.1924 1.34 From net investment income (excluding dividends) From dividends From capital gains Return of capital (.558) (.459) Total distributions B,C (.558) (.459) Net assets, end of period B $ 2.8939 $ 2.874 Net asset value (s) D $ 68 $ 1 Securities outstanding D 3,24 51 Management expense ratio E,M 2.8% 2.1% Management expense ratio before waivers or absorptions E,M 2.12% 2.1% Trading expense ratio G.7%.7% Portfolio turnover rate H 28.52% 64.6% Net asset value per security, end of period $ 2.8945 $ 2.872 Fidelity Canadian Asset Allocation Fund Series E3 Six-months ended June 3, L Net assets, beginning of period B $ 1.6715 $ 1. Total revenue.239.121 Total expenses (excluding distributions) (.1155) (.881) Realized gains (losses).263.316 Unrealized gains (losses) (.32).726 Total increase (decrease) from operations B.3167.795 From net investment income (excluding dividends) From dividends From capital gains Return of capital Total distributions B,C Net assets, end of period B $ 1.9626 $ 1.6715 Net asset value (s) D $ 3,515 $ 64 Securities outstanding D 32,621 5,994 Management expense ratio E,M 2.4% 2.2% Management expense ratio before waivers or absorptions E,M 2.8% 2.5% Trading expense ratio G.7%.7% Portfolio turnover rate H 28.52% 64.6% Net asset value per security, end of period $ 1.9629 $ 1.6715 13

Financial Highlights continued Fidelity Canadian Asset Allocation Fund Series E3T5 Six-months ended June 3, L Net assets, beginning of period B $ 2.8682 $ 2. Total revenue.35.2393 Total expenses (excluding distributions) (.2186) (.1799) Realized gains (losses).3891.772 Unrealized gains (losses).12 1.5259 Total increase (decrease) from operations B.5757 1.6625 From net investment income (excluding dividends) From dividends From capital gains Return of capital (.558) (.459) Total distributions B,C (.558) (.459) Net assets, end of period B $ 2.8931 $ 2.8682 Net asset value (s) D $ 224 $ 223 Securities outstanding D 1,72 1,71 Management expense ratio E,M 1.98% 2.% Management expense ratio before waivers or absorptions E,M 2.2% 2.4% Trading expense ratio G.7%.7% Portfolio turnover rate H 28.52% 64.6% Net asset value per security, end of period $ 2.8937 $ 2.8681 Fidelity Canadian Asset Allocation Fund Series E4 Six-months ended June 3, L Net assets, beginning of period B $ 1.6746 $ 1. Total revenue.183.1467 Total expenses (excluding distributions) (.184) (.94) Realized gains (losses).2279.664 Unrealized gains (losses).1599.738 Total increase (decrease) from operations B.4624.8571 From net investment income (excluding dividends) From dividends From capital gains Return of capital Total distributions B,C Net assets, end of period B $ 1.9736 $ 1.6746 Net asset value (s) D $ 1,138 $ 373 Securities outstanding D 13,699 34,947 Management expense ratio E,M 1.91% 1.95% Management expense ratio before waivers or absorptions E,M 1.94% 1.98% Trading expense ratio G.7%.7% Portfolio turnover rate H 28.52% 64.6% Net asset value per security, end of period $ 1.9739 $ 1.6746 14

Fidelity Canadian Asset Allocation Fund Series E4T5 Six-months ended June 3, L Net assets, beginning of period B $ 2.8799 $ 2. Total revenue.347.2573 Total expenses (excluding distributions) (.214) (.1785) Realized gains (losses).491.14 Unrealized gains (losses).811 1.5631 Total increase (decrease) from operations B.5845 1.7423 From net investment income (excluding dividends) From dividends From capital gains Return of capital (.558) (.459) Total distributions B,C (.558) (.459) Net assets, end of period B $ 2.9136 $ 2.8799 Net asset value (s) D $ 1,2 $ 1, Securities outstanding D 47,95 47,94 Management expense ratio E,M 1.9% 1.92% Management expense ratio before waivers or absorptions E,M 1.94% 1.95% Trading expense ratio G.7%.7% Portfolio turnover rate H 28.52% 64.6% Net asset value per security, end of period $ 2.9141 $ 2.8798 Fidelity Canadian Asset Allocation Fund Series E5 Six-months ended June 3, L Net assets, beginning of period B $ 1.675 $ 1. Total revenue.16.13 Total expenses (excluding distributions) (.1) (.9) Realized gains (losses).2.4 Unrealized gains (losses).4.59 Total increase (decrease) from operations B.3.67 From net investment income (excluding dividends) From dividends From capital gains Return of capital Total distributions B,C Net assets, end of period B $ 1.974 $ 1.675 Net asset value (s) D $ 1 $ 1 Securities outstanding D 1 1 Management expense ratio E,M 1.89% 2.1% Management expense ratio before waivers or absorptions E,M 1.89% 2.1% Trading expense ratio G.7%.7% Portfolio turnover rate H 28.52% 64.6% Net asset value per security, end of period $ 1.976 $ 1.674 15

Financial Highlights continued Fidelity Canadian Asset Allocation Fund Series E5T5 Six-months ended June 3, L Net assets, beginning of period B $ 2.874 $ 2. Total revenue.3269.24 Total expenses (excluding distributions) (.1923) (.18) Realized gains (losses).3846.8 Unrealized gains (losses).577 1.2 Total increase (decrease) from operations B.5769 1.34 From net investment income (excluding dividends) From dividends From capital gains Return of capital (.558) (.459) Total distributions B,C (.558) (.459) Net assets, end of period B $ 2.947 $ 2.874 Net asset value (s) D $ 1 $ 1 Securities outstanding D 52 51 Management expense ratio E,M 1.89% 2.1% Management expense ratio before waivers or absorptions E,M 1.89% 2.1% Trading expense ratio G.7%.7% Portfolio turnover rate H 28.52% 64.6% Net asset value per security, end of period $ 2.958 $ 2.872 Fidelity Canadian Asset Allocation Fund Series P1 Six-months ended June 3, N Net assets, beginning of period B $ 9.878 $ 1. Total revenue.1561.1841 Total expenses (excluding distributions) (.568) (.57) Realized gains (losses).2171 (.262) Unrealized gains (losses) (.327).5873 Total increase (decrease) from operations B.2837.6945 From net investment income (excluding dividends) (.634) From dividends (.798) (.1347) From capital gains (.2916) Return of capital Total distributions B,C (.798) (.4897) Net assets, end of period B $ 1.1114 $ 9.878 Net asset value (s) D $ 23,16 $ 1,979 Securities outstanding D 2,276,93 1,112,23 Management expense ratio E,O 1.4% 1.5% Management expense ratio before waivers or absorptions E,O 1.5% 1.5% Trading expense ratio G.7%.7% Portfolio turnover rate H 28.52% 64.6% Net asset value per security, end of period $ 1.1114 $ 9.877 16

Fidelity Canadian Asset Allocation Fund Series P1T5 Six-months ended June 3, N Net assets, beginning of period B $ 19.142 $ 2. Total revenue.3698.3216 Total expenses (excluding distributions) (.16) (.822) Realized gains (losses).5186 (.1233) Unrealized gains (losses) (.224) 1.9412 Total increase (decrease) from operations B.58 2.573 From net investment income (excluding dividends) (.1279) From dividends (.1565) (.2718) From capital gains (.5882) Return of capital (.4937) (.5768) Total distributions B,C (.652) (1.5647) Net assets, end of period B $ 19.1114 $ 19.142 Net asset value (s) D $ 1,2 $ 16 Securities outstanding D 53,552 858 Management expense ratio E,O 1.2% 1.8% Management expense ratio before waivers or absorptions E,O 1.2% 1.8% Trading expense ratio G.7%.7% Portfolio turnover rate H 28.52% 64.6% Net asset value per security, end of period $ 19.1117 $ 19.1399 Fidelity Canadian Asset Allocation Fund Series P2 Six-months ended June 3, N Net assets, beginning of period B $ 9.8733 $ 1. Total revenue.1752.1811 Total expenses (excluding distributions) (.531) (.559) Realized gains (losses).2252.116 Unrealized gains (losses) (.655).6597 Total increase (decrease) from operations B.2818.7965 From net investment income (excluding dividends) (.634) From dividends (.868) (.1347) From capital gains (.2916) Return of capital Total distributions B,C (.868) (.4897) Net assets, end of period B $ 1.119 $ 9.8733 Net asset value (s) D $ 2,329 $ 449 Securities outstanding D 23,341 45,45 Management expense ratio E,O.97%.99% Management expense ratio before waivers or absorptions E,O.98%.99% Trading expense ratio G.7%.7% Portfolio turnover rate H 28.52% 64.6% Net asset value per security, end of period $ 1.119 $ 9.8733 17

Financial Highlights continued Fidelity Canadian Asset Allocation Fund Series P3 Six-months ended June 3, N Net assets, beginning of period B $ 9.8779 $ 1. Total revenue.1499.1671 Total expenses (excluding distributions) (.521) (.63) Realized gains (losses).1588.564 Unrealized gains (losses) (.114) 1.161 Total increase (decrease) from operations B.1426 1.1766 From net investment income (excluding dividends) (.634) From dividends (.879) (.1348) From capital gains (.2916) Return of capital Total distributions B,C (.879) (.4898) Net assets, end of period B $ 1.1147 $ 9.8779 Net asset value (s) D $ 533 $ 7 Securities outstanding D 52,682 7,126 Management expense ratio E,O.97%.97% Management expense ratio before waivers or absorptions E,O.97%.97% Trading expense ratio G.7%.7% Portfolio turnover rate H 28.52% 64.6% Net asset value per security, end of period $ 1.1147 $ 9.8778 Fidelity Canadian Asset Allocation Fund Series P4 Six-months ended June 3, N Net assets, beginning of period B $ 9.8825 $ 1. Total revenue.1389.223 Total expenses (excluding distributions) (.486) (.192) Realized gains (losses).1943 (.119) Unrealized gains (losses).789.36 Total increase (decrease) from operations B.3635.3647 From net investment income (excluding dividends) (.634) From dividends (.967) (.1348) From capital gains (.2916) Return of capital Total distributions B,C (.967) (.4898) Net assets, end of period B $ 1.1147 $ 9.8825 Net asset value (s) D $ 321 $ 618 Securities outstanding D 31,769 62,555 Management expense ratio E,O.88%.89% Management expense ratio before waivers or absorptions E,O.89%.89% Trading expense ratio G.7%.7% Portfolio turnover rate H 28.52% 64.6% Net asset value per security, end of period $ 1.1147 $ 9.8824 18

Fidelity Canadian Asset Allocation Fund Series P5 Six-months ended P Net assets, beginning of period B $ 1. Total revenue.996 Total expenses (excluding distributions) (.273) Realized gains (losses).1638 Unrealized gains (losses) (.599) Total increase (decrease) from operations B.1762 From net investment income (excluding dividends) From dividends (.976) From capital gains Return of capital Total distributions B,C (.976) Net assets, end of period B $ 1.392 Net asset value (s) D $ 4,669 Securities outstanding D 465,99 Management expense ratio E,Q.87% Management expense ratio before waivers or absorptions E,Q.87% Trading expense ratio G.7% Portfolio turnover rate H 28.52% Net asset value per security, end of period $ 1.391 19

Financial Highlights continued Financial Highlights Footnotes A This information is derived from the Fund s audited annual and/or unaudited interim financial statements. Periods beginning on or after January 1, 213 follow International Financial Reporting Standards (IFRS) and periods prior to January 1, 213 follow Canadian Generally Accepted Accounting Principles (Canadian GAAP). The net assets attributable to holders of redeemable securities per security presented in the financial statements may differ from the net asset value calculated for fund pricing purposes. An explanation of these differences can be found in the notes to financial statements. B Net assets and distributions are based on the actual number of securities outstanding at the relevant time. The increase (decrease) from operations is based on the weighted average number of securities outstanding over the financial period. This table is not intended to be a reconciliation of beginning to ending net assets per security. C Distributions were paid in cash or reinvested in additional securities of the Fund, or both, and excludes any applicable distributions of management fee reduction to unitholders. Distributions are presented based on management s best estimate of the tax character. D This information is provided as at period end of the year shown. E Management expense ratio is based on total expenses (excluding distributions, commissions and other portfolio transaction costs) for the stated period and is expressed as an annualized percentage of daily average net asset values during the period, including the Fund s pro-rata share of estimated expenses incurred in any underlying investment fund, if applicable. F Effective November 1, 214, the manager of the Fund has waived a portion of its administration fee and as of the date of the MRFP has continued to provide the Fund with such waivers. The manager may terminate the waiver at any time, at its sole discretion. It is not known when such waivers will be terminated. G The trading expense ratio represents total commissions and other portfolio transaction costs expressed as an annualized percentage of daily average net asset value during the period, including the Fund s pro-rata share of estimated trading costs incurred in any underlying investment fund, if applicable. H The Fund s portfolio turnover rate indicates how actively the Fund s portfolio adviser manages its portfolio investments. A portfolio turnover rate of 1% is equivalent to the Fund buying and selling all of the securities in its portfolio once in the course of the year. The higher the Fund s portfolio turnover rate in a year, the greater the trading costs payable by the Fund in the year, and the greater chance of an investor receiving taxable capital gains in the year. There is not necessarily a relationship between a high portfolio turnover rate and the performance of the Fund. The portfolio turnover rate is calculated based on the lesser of purchases or sales of securities divided by the weighted average market value of the portfolio securities, excluding short-term securities. For periods greater than six months, but less than a full fiscal year, the portfolio turnover rate is annualized. I Effective October 1, 215, the manager of the Fund has waived a portion of its administration fee and as of the date of the MRFP has continued to provide the Fund with such waivers. The manager may terminate the waiver at any time, at its sole discretion. It is not known when such waivers will be terminated. J For the period April 17, 213 (commencement of sale of securities) to June 3, 213. K No fees are charged to the Series, but investors may be charged a negotiated management fee. L For the period February 5, (commencement of sale of securities) to June 3,. M Effective February 9,, the manager of the Fund has waived a portion of its administration fee and as of the date of the MRFP has continued to provide the Fund with such waivers. The manager may terminate the waiver at any time, at its sole discretion. It is not known when such waivers will be terminated. N For the period December 4, 215 (commencement of sale of securities) to June 3,. O Effective December 8, 215, the manager of the Fund has waived a portion of its administration fee and as of the date of the MRFP has continued to provide the Fund with such waivers. The manager may terminate the waiver at any time, at its sole discretion. It is not known when such waivers will be terminated. P For the period September 16, (commencement of sale of securities) to. Q Effective September 2,, the manager of the Fund has waived a portion of its administration fee and as of the date of the MRFP has continued to provide the Fund with such waivers. The manager may terminate the waiver at any time, at its sole discretion. It is not known when such waivers will be terminated. 2

Management and Advisory Fees Fidelity serves as manager and investment advisor of the Fund. The Fund pays Fidelity a monthly management and advisory fee for their services, based on the net asset value of each Series, calculated daily and payable monthly. Fidelity uses these management fees to pay for sales and trailing commissions to registered dealers on the distribution of the Fund securities, as well as for the general investment management expenses. Dealer compensation represents cash commissions paid by Fidelity to registered dealers during the period and includes upfront deferred sales charge and trailing commissions. This amount may, in certain circumstances, exceed 1% of the fees earned by Fidelity during the period. For new Funds or Series the amounts presented may not be indicative of longer term operating periods. Management Fees Dealer Compensation Investment management, administration and other Series A 2.% 32.35% 67.65% Series B 1.85% 54.5% 45.95% Series F.85% 1.% Series F5.85% 1.% Series F8.85% 1.% Series T5 2.% 43.2% 56.98% Series T8 2.% 31.54% 68.46% Series S5 1.85% 54.5% 45.95% Series S8 1.85% 54.5% 45.95% Series E1 1.825% 54.79% 45.21% Series E1T5 1.825% 54.79% 45.21% Series E2 1.8% 55.56% 44.44% Series E2T5 1.8% 55.56% 44.44% Series E3 1.775% 56.34% 43.66% Series E3T5 1.775% 56.34% 43.66% Series E4 1.725% 57.97% 42.3% Series E4T5 1.725% 57.97% 42.3% Series E5 1.7% 58.82% 41.18% Series E5T5 1.7% 58.82% 41.18% Series P1.825% 1.% Series P1T5.825% 1.% Series P2.8% 1.% Series P3.775% 1.% Series P4.725% 1.% Series P5.7% 1.% 21

Fidelity Canadian Asset Allocation Fund Past Performance The performance information shown assumes that all distributions made by the Fund in the periods shown were reinvested in additional securities of the Fund. The performance information does not take into account sales, redemption, distribution or other optional charges that would have reduced returns or performance. How the Fund has performed in the past does not necessarily indicate how it will perform in the future. Year-by-Year Returns The following bar chart shows the Fund s annual performance for each of the years shown, and illustrates how the Fund s performance was changed from year to year. In percentage terms, the bar chart shows how much an investment made on the first day of each financial year would have grown or decreased by the last day of each financial year. For each Series in the Year-by-Year Returns table below, the most recent returns stated are for the current six month period. Series A 27 28 29 21 211 212 213 214 215 17.2 2 5.4-12.6 5.9 11.6-5.1 4.6 18.5 2.1 1.6 2.5 1-2 Series B 27 28 29 21 211 212 213 214 215 17.5 2 5.6-12.4 6.1 11.9-4.9 4.9 18.8 2.3 1.8 2.6 1-2 Series F 27 28 29 21 211 212 213 214 215 18.8 3 6.8-11.5 7.2 13.2-3.8 6.1 2.2 3.5 3. 3.2 2 1-2 22

Series F5 213 214 215 3 1.2 2.2 3.5 3.1 3.2 2 1 Commencement of Operations is April 17, 213 Series F8 213 214 215 3 1.2 2.2 3.5 3. 3.2 2 1 Commencement of Operations is April 17, 213 Series O 27 28 29 21 211 212 213 214 215 2. 3 7.9.5 8.4 14.4-2.8 7.3 21.5 4.6 4.1 3.8 2 1-2 Series T5 27 28 29 21 211 212 213 214 215 8.7 2 5.4-12.6 5.8 11.6-5.1 4.6 18.5 2.1 1.6 2.5 1-2 Commencement of Operations is November 6, 26 23

Fidelity Canadian Asset Allocation Fund Past Performance continued Series T8 27 28 29 21 211 212 213 214 215 17.2 2 5.4-12.6 5.9 11.6-5.1 4.6 18.5 2.1 1.6 2.5 1-2 Series S5 27 28 29 21 211 212 213 214 215 8.8 2 5.6-12.4 6.1 11.9-4.9 4.9 18.8 2.3 1.8 2.6 1-2 Commencement of Operations is November 6, 26 Series S8 27 28 29 21 211 212 213 214 215 17.5 2 5.6-12.4 6.1 11.9-4.9 4.9 18.8 2.3 1.8 2.6 1-2 24

Series E1 1 5-5 6.7 2.7 Commencement of Operations is February 5, Series E1T5 1 5-5 6.6 2.7 Commencement of Operations is February 5, Series E2 1 5-5 6.7 2.7 Commencement of Operations is February 5, 25

Fidelity Canadian Asset Allocation Fund Past Performance continued Series E2T5 1 5-5 6.7 2.8 Commencement of Operations is February 5, Series E3 1 5-5 6.7 2.7 Commencement of Operations is February 5, Series E3T5 1 5-5 6.7 2.8 Commencement of Operations is February 5, 26

Series E4 1 5-5 6.7 2.8 Commencement of Operations is February 5, Series E4T5 1 5-5 6.8 2.8 Commencement of Operations is February 5, Series E5 1 5-5 6.7 2.8 Commencement of Operations is February 5, 27

Fidelity Canadian Asset Allocation Fund Past Performance continued Series E5T5 1 5-5 6.7 2.8 Commencement of Operations is February 5, Series P1 5 3.9 3.2-5 Commencement of Operations is December 4, 215 Series P1T5 5 3.9 3.3-5 Commencement of Operations is December 4, 215 28

Series P2 5 3.9 3.3-5 Commencement of Operations is December 4, 215 Series P3 5 3.9 3.3-5 Commencement of Operations is December 4, 215 Series P4 5 4. 3.3-5 Commencement of Operations is December 4, 215 29

Fidelity Canadian Asset Allocation Fund Past Performance continued Series P5 5 1.4-5 Commencement of Operations is September 16, 3