Form 497K FIDELITY SALEM STREET
Tweet
Share
E-mailSupplement to the
Fidelity® Sustainable Low Duration Bond Fund
October 29, 2022
Summary Prospectus
Effective April 1, 2023, FMR reduced the fund's management fee. The following information replaces similar information found in the "Fund Summary" section under the "Fee Table" heading.
Annual Operating Expenses
(expenses that you pay each year as a % of the value of your investment)
Management fee A
|
0.20%
|
Distribution and/or Service (12b-1) fees
|
None
|
Other expensesA
|
0.09%
|
Total annual operating expenses
|
0.29%
|
Fee waiver and/or expense reimbursementB
|
0.04%
|
Total annual operating expenses after fee waiver and/or expense reimbursement
|
0.25%
|
AAdjusted to reflect current fees.
BFidelity Management & Research Company LLC (FMR) has contractually agreed to reimburse the fund to the extent that total operating expenses (excluding interest, certain taxes, fees and expenses of the Independent Trustees, proxy and shareholder meeting expenses, extraordinary expenses, and acquired fund fees and expenses (including fees and expenses associated with a wholly owned subsidiary), if any, as well as non-operating expenses such as brokerage commissions and fees and expenses associated with the fund's securities lending program, if applicable), as a percentage of its average net assets, exceed 0.25% (the Expense Cap). If at any time during the current fiscal year expenses for the fund fall below the Expense Cap, FMR reserves the right to recoup through the end of the fiscal year any expenses that were reimbursed during the current fiscal year up to, but not in excess of, the Expense Cap. This arrangement will remain in effect through December 31, 2024. FMR may not terminate this arrangement before the expiration date without the approval of the Board of Trustees and may extend it in its discretion after that date.
1 year
|
$
|
26
|
3 years
|
$
|
86
|
SLD-SUSTK-0423-100
1.9909569.100
|
April 1, 2023
|
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Alpine 4 Holdings (ALPP) Announces Receipt of Nasdaq Notice of Additional Staff Determination
- PARKE BANCORP, INC. ANNOUNCES FIRST QUARTER 2024 EARNINGS
- KBRA Assigns Preliminary Ratings to BMO 2024-5C4
Create E-mail Alert Related Categories
SEC FilingsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
