Fill and Sign the 760 Virginia Tax Form 2014

Fidelity R Systematic Investment Plans: Destiny R Plans I: O Prospectus November 29, 2013 Effective October 27, 2006, the Military Personnel Financial Services Protection Act (the Act") prohibits the issuance or sale of new periodic payment plans, such as the Destiny Plans. The Act does not alter, invalidate, or otherwise affect any rights or obligations, including rights of redemption, of existing Planholders. FIDELITY SYSTEMATIC INVESTMENT PLANS: Destiny Plans I: O The Destiny Plans are systematic investment plans that allow you to build equity over a period of years by investing regularly each month in mutual fund shares. This prospectus describes Destiny Plans I: O (the Plan"). You may make fixed monthly investments in a Plan for a term of either 10 or 15 years. You may continue to make investments for as long as 30 years. You may invest in one of several monthly investment plan amounts for as little as $50 per month. Investments in your Plan are applied to the purchase of Class O shares of one of the Fidelity Destiny Portfolios. Destiny Plans I: O purchases Class O shares of Fidelity Advisor Diversified Stock Fund (the Fund"). The Plan deducts Creation and Sales Charges and certain other fees from each investment into the Plan. On 10 year Plans, the Creation and Sales Charges range from 8.24% on $6,000 Plans ($50 a month) to 0.64% on $1,200,000 Plans ($10,000 a month) of the total amount invested and range from 9.20% to 0.64% of the net amount invested. Total deductions range from 11.66% to 0.66% of the net amount invested. On 15 year Plans, the Creation and Sales Charges range from 8.67% on $9,000 Plans ($50 a month) to 0.61% on $1,800,000 Plans ($10,000 a month) of the total amount invested and range from 9.73% to 0.61% of the net amount invested. Total deductions range from 12.20% to 0.63% of the net amount invested. Class O shares of the Fund are subject to certain annual expenses, including management fees. The Creation and Sales Charges and other fees and expenses that either you or your Plan will pay are described in the Fees and Expenses" section on page 5. YOUR PLAN AND YOUR PLAN'S INVESTMENT IN FUND SHARES IS INTENDED TO BE A LONGĆTERM INVESTMENT. YOU SHOULD NOT PURCHASE A PLAN IF YOU ARE SEEKING QUICK PROFITS OR IF YOU MIGHT BE UNABLE TO COMPLETE THE PLAN. If you terminate or withdraw from your Plan in the early years of your Plan, you may incur a loss because a major portion of the entire Creation and Sales Charges are deducted from your first twelve investments. Your Plan does not eliminate the risk involved in the ownership of individual securities and your Plan's value will increase or decrease over time as the result of increases or decreases in the prices of securities owned by the Fund. You will incur a loss if you terminate your Plan at a time when the value of your Plan's shares is less than their cost. Advance payment of any of your monthly investments increases the possibility that a loss may result from early termination. You have the right to a refund of the current value of your investment in Class O shares and the full amount of the Creation and Sales Charges you have paid within 45 days after the date of the mailing of a written notice from the custodian. You also have a right to a refund of some or all of your Plan investment within 18 months of the purchase of a Plan. These rights are subject to the conditions described under Your Cancellation and Refund Rights" on page 16. Class O shares of the Fund, which have been closed to new investors, are available to holders of existing Destiny Plans I: O only through the Plan described in this Prospectus. You do not have to purchase a Plan to make monthly investments in mutual funds. Other mutual funds managed by the Fund's investment adviser have investment objectives similar in many respects to those of the Fund. Your investment in shares of these other funds would be subject to charges that may differ from, and in some cases be less than, those which apply to an investment in the Plan. Plans established while this Prospectus is effective are governed by the terms of this Prospectus, including all the rules, rights, privileges and benefits it describes. THEREFORE IT IS IMPORTANT THAT YOU READ THIS PROSPECTUS AND RETAIN IT FOR FUTURE REFERENCE. No salesman, dealer, or other person is authorized by Fidelity Distributors Corporation (the Sponsor"), Fidelity Systematic Investment Plans, or Fidelity Destiny Portfolios to give any information or make any representation that is not contained in either the prospectus of the Plans, the prospectus of Fidelity Destiny Portfolios, or in other printed or written material issued by the Sponsor, the Plans, or Fidelity Destiny Portfolios. Mutual fund shares are not deposits or obligations of, or guaranteed by, any depository institution. Shares are not insured by the FDIC, Federal Reserve Board or any other agency, and are subject to risks, including possible loss of principal amount invested. THESE SECURITIES HAVE NOT BEEN APPROVED OR DISAPPROVED BY THE SECURITIES AND EXCHANGE COMMISSION, NOR HAS THE SECURITIES AND EXCHANGE COMMISSION PASSED UPON THE ACCURACY OR ADEQUACY OF THIS PROSPECTUS. ANY REPRESENTATION TO THE CONTRARY IS AGAINST THE LAW. THIS PROSPECTUS IS VALID ONLY WHEN ACCOMPANIED BY THE CURRENT PROSPECTUS FOR FIDELITY DESTINY PORTFOLIOS. [This Page Intentionally Left Blank] 2 TABLE OF CONTENTS Fidelity Systematic Investment Plans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Table of Contents . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . How the Fidelity Destiny Plans Can Help You Meet Your Objectives . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Investment Objective of the Fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Fees and Expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ă1. Creation and Sales Charges . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ă2. Custodian Fees and Other Service Charges . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Keeping Your Plan Current . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . DollarĆCost Averaging and Diversification . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Plan Features . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ă1. Automatic Investment Program and Government Allotments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2. Rights of Accumulation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ă3. Distributions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ă4. Federal Voluntary Income Tax Withholding . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ă5. Your Voting Rights . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ă6. Making Advance Investments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ă7. Changing the Face Amount of Your Plan . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ă8. Extended Investment Option . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ă9. Partial Redemption of Your Plan Shares . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ă10. Systematic Withdrawal Program . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ă11. Transferring or Assigning Your Rights in a Plan . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ă12. Transfer of Broker . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ă13. Your Cancellation and Refund Rights . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ă14. Terminating Your Plan . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ă15. Completed Plans and Exchanges . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ă16. Plan Reinstatement . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ă17. Taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ă18. Termination of Your Plan by the Sponsor or Custodian . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Substitution of the Underlying Investment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . General . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . The Custodian . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . The Sponsor . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Illustrations of Hypothetical Destiny Plans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Glossary . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Financial Statements . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Fidelity Destiny Portfolios Prospectus . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 Page 1 3 4 4 5 5 5 12 12 12 12 13 13 13 14 14 14 14 15 16 16 16 16 17 18 18 18 19 19 20 20 21 22 26 28 PĆ1 HOW THE FIDELITY DESTINY PLANS CAN HELP YOU MEET YOUR OBJECTIVES Many people who want to build an investment portfolio find it difficult to save the money necessary to make periodic stock purchases. The Destiny Plans are designed to help. The Plans make it possible for you to build equity over a period of years by investing a modest sum each month in shares of the Destiny Portfolios. The Destiny Portfolios are mutual funds, the value of the shares of which is subject to fluctuations in the values of their underlying securities. A Plan calls for monthly investments at regular intervals regardless of the value of the Fund's shares. A Plan offers no assurĆ ance against loss in a declining market and does not eliminate the risk inherent in the ownership of any security. Terminating the Plan at a time when the value of the Fund shares you own is less than their cost will result in a loss. You should therefore consider your financial ability to continue and complete a Plan. Before opening a Plan you should consider the following: 1. A Plan represents an agreement among Fidelity Distributors Corporation (the Sponsor"), State Street Bank and Trust Company (the Custodian"), and you (the Planholder") under which amounts invested, after deduction of the Creation and Sales Charges, are used to purchase shares of the Fund at net asset value. 2. Investments made through the Plan will not result in direct ownership of shares of the Fund, but rather will represent an interest in a series of a unit investment trust, which will have direct ownership of Class O shares of the Fund. You will have a beneficial interest in the underlying Fund's shares. 3. The Plan charges Creation and Sales Charges, sometimes called a frontĆend load". If you were to terminate your Plan between 45 days after the date of the mailing of a written notice from the Custodian and 18 months after you start your Plan, the amount of Creation and Sales Charges and Custodian Fees that would not be refunded to you could be as much as 17.2% of your total investments made up to the time you terminate your Plan. If you terminate your Plan after 18 months, the amount of Creation and Sales Charges and Custodian Fees that would not be refunded to you could be as much as 35.1% of your total investments, assuming all your monthly investments were made. However, if you complete a 15 year Plan, the maximum Creation and Sales Charge would be no higher than 8.67% of your total investments. Accordingly, a Plan is not suited for shortĆterm investments. See Fees and Expenses" on page 5. 4. In addition to the Creation and Sales Charges, Planholders must pay additional fees to the Custodian. These fees relieve Planholders of the administrative details associated with the holding of securities. Some investors could perform these services for themselves if they were to purchase and hold the securities directly. An investor should weigh the value of the Custodian services against the cost of the Custodian Fees before making an investment decision. See Fees and Expenses" on page 5. INVESTMENT OBJECTIVE OF THE FUND Fidelity Destiny Portfolios is an openĆend management investment company, consisting of two separate portfolios, the Fund and Fidelity Advisor Capital Development Fund. The Fund is a diversified mutual fund, an investment vehicle that pools shareholders' money and invests it in a number of different securities. The Fund's objective is to seek capital growth. The Fund's investments are managed by Fidelity Management & Research Company (FMR"). FMR's principal investment strategies include:  Normally investing at least 80% of assets in stocks.  Normally investing primarily in common stocks.  Investing in domestic and foreign issuers.  Investing in either growth" stocks or value" stocks or both.  Using fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and ecoĆ nomic conditions, to select investments. The Fund's investment objective and principal investment strategies and risks are described in the accompanying Fidelity Destiny Portfolios prospectus, which begins on page PĆ1. For more information about the business experience of FMR, see Fund Management" on page PĆ12 of the Fund's prospectus. 4 FEES AND EXPENSES Your Plan pays three kinds of fees: Creation and Sales Charges, Custodian Fees and Other Service Charges. Each of these fees is described in more detail below. Your Plan also indirectly pays the fees imposed on Class O shares of the Fund, including management fees. Your Plan indirectly pays these fees because it invests in Class O shares of the Fund. For more information about the fees payable by the Fund, see Fee Table" on page PĆ3 of the Fund's prospectus. 1. Creation and Sales Charges You will pay Creation and Sales Charges equal to as much as 50% of your first twelve investments in your Plan. After the first 12 investments, the charge drops to 3.60% or less on each subsequent investment for a 10 year Plan and 5.72% or less on each subseĆ quent investment for a 15 year Plan. When you have completed a 10 year Plan (120 monthly investments), the Creation and Sales Charges you paid on your investments will amount to as much as 8.24% of your total Plan investments, assuming that you invest in a Plan with the smallest monthly investment of $50 a month ($6,000 Face Amount). The Creation and Sales Charges on the largest 10 year plan size, $10,000 a month ($1,200,000 Face Amount), amount to 0.64% of your total Plan investments. When you have completed a 15 year Plan (180 monthly investments), the Creation and Sales Charges you paid on your investments will amount to as much as 8.67% of your total Plan investments, assuming a monthly investment amount of $50 a month ($9,000 Face Amount). The Creation and Sales Charges on the largest 15 year plan size, $10,000 a month ($1,800,000 Face Amount), amount to 0.61% of your total Plan investments. You have certain cancellation and refund rights. However, these rights are limited, and early termination of your Plan or your inability to complete your Plan may result in your having paid Creation and Sales Charges that represent a substantial percentage of your total investments in your Plan. For example, if you terminate your Plan between 45 days after the date of the mailing of a written notice from the Custodian and 18 months after you start your Plan, the Creation and Sales Charges and Custodian Fees that would not be refunded to you could be as much as 17.2% of your total investments made up to the time you terminate your Plan. If you terminate your Plan after 18 months, the Creation and Sales Charges and Custodian Fees that would not be refunded to you could be as much as 35.1% of your total investments made, assuming all your monthly investments were made. See Your Cancellation and Refund Rights" on page 16. 2. Custodian Fees and Other Service Charges On minimumĆsized Plans (10 or 15 years) the Custodian Fee is $1.10 per investment. On $75.00 per month Plans the Custodian Fee is $1.25 per investment, the Custodian Fee is $1.50 on larger Plans. Accounts established under an Automatic Investment Program or a government allotment after November 29, 1993 incur a reduced Custodian Fee of $0.75 per investment. See Automatic Investment Program and Government Allotments" on page 12. The Custodian Fee charged per account at any one time may not exceed $5 per investment, regardless of the number of investments made. Thus, if the Planholder submits multiple investments into one account, such that the aggregate amount would result in a Custodian Fee of more than $5, the fee will instead be deducted at the maximum rate of $5. In addition to this fee, the Custodian deducts an annual service charge from dividends and distributions, and if necessary, from principal, as reimbursement for administrative costs. The amount of such charge will be determined by prorating the Plan's annual administrative costs over the total number of Plan accounts. For the fiscal year ended September 30, 2013, the charge was $4.66 for Destiny Plans I: O per Plan account that are established after December 30, 1985. Subsequent to January 1, 1986, this charge is subject to increases by the Sponsor, in the aggregate not to exceed increases in the Consumer Price Index. For Plans established prior to January 1, 1986 and after October 30, 1982, this service charge cannot exceed $10 per year. For Plans established prior to October 31, 1982, this charge cannot exceed $2 per year. Account Fees. You may also pay additional fees to the Custodian for certain services provided by the Custodian or its affiliated bookkeepĆ ing and administrative service agent, Boston Financial. These fees are described below: Completed Plan Fee: An annual fee will be charged if you have completed your Plan but have elected not to hold Class O shares of the Fund directly. See Completed Plans and Exchanges" on page 18. Inactive Account Fee: An annual $12 fee will also be charged to your Plan account if you have not completed your Plan and your Plan is not current. See the Keeping Your Plan Current" section on page 12. Termination Fee: A fee of $2.50 will be charged to your Plan account if you make a complete withdrawal or you terminate your Plan prior to completion. See Terminating Your Plan" on page 17. 5 Returned Check Fee: For Plans issued prior to December 1, 2000, a fee of $2.50 will be charged to your Plan account for any check or preauthorized check which is not honored by the bank on which it is drawn (dishonored check"). For Plans issued on or after December 1, 2000, a fee of $10.00 will be charged for each dishonored check. Bank Wire Fee: A $10.00 fee will be charged for each redemption of shares by wire. Fidelity Destiny IRA Maintenance Fee: If you have a Fidelity Destiny IRA, you will be charged an annual $10 maintenance fee and certain additional service fees. Detailed information on the additional service fees may be obtained from the Sponsor or your investĆ ment professional. The Custodian deducts these Custodian Fees and Other Service Charges from your Plan account. These fees may be paid out of principal from the proceeds of the sale of Fund shares in your Plan account. With respect to the Completed Plan Fee and the Inactive Account Fee, the fees are paid first from dividends and distributions. The Custodian has a lien on your shares to the extent of these rights. Except as described in this Fees and Expenses" section, there are currently no other fees or expenses charged against the Plan or Planholder accounts (or deducted from Fund dividends or distributions) to compensate the Custodian or the Sponsor for their services. All other fees or expenses that could otherwise be charged to the Plan and the Planholders (or deducted from Fund dividends or distribuĆ tions) are being paid by the Sponsor. Although there is no current intention to do so, the Fund and the Sponsor each reserve the right to cease paying such fees or expenses, and to cause them to be charged against the Plan or the Planholders (or deducted from Fund dividends or distributions). 6 The following tables illustrate the effect of the Creation and Sales Charges and Custodian Fees on Plans with different monthly investment amounts and different Plan lengths. ALLOCATION OF INVESTMENTS AND DEDUCTIONS 10 Year Plans (120 investments) (Assumes that all investments are made in accordance with the terms of the Plan) CREATION AND SALES CHARGES Total Face Amount of Plan Monthly Investment $ 50.00 $ Per Investment 1 thru 12 Per Investment 13 thru 120 Total CUSTODIAN FEES % of Total Per Investments Investment 6,000.00 $ 25.00 $ 1.80 $ 494.40 8.24% 75.00 9,000.00 37.50 2.70 741.60 8.24 100.00 12,000.00 50.00 3.60 988.80 8.24 1.50 125.00 15,000.00 62.50 4.50 1,236.00 8.24 1.50 150.00 18,000.00 75.00 5.40 1,483.20 8.24 1.50 166.66 19,999.20 83.33 5.00 1,539.96 7.70 1.50 Total(A) $ 1.10 $132.00 1.25 150.00 % OF TOTAL CHARGES Net Investment in Fund Shares(C) Total Charges(A)(B) $ 626.40 $ To Total Investments(C) To Net Investments in Fund Shares(C) 5,373.60 10.44% 11.66% 891.60 8,108.40 9.91 180.00 1,168.80 10,831.20 9.74 10.79 180.00 1,416.00 13,584.00 9.44 10.42 180.00 1,663.20 16,336.80 9.24 10.18 180.00 1,719.96 18,279.24 8.60 9.41 11.00 200.00 24,000.00 100.00 4.02 1,634.16 6.81 1.50 180.00 1,814.16 22,185.84 7.56 8.18 250.00 30,000.00 125.00 5.00 2,040.00 6.80 1.50 180.00 2,220.00 27,780.00 7.40 7.99 291.66 34,999.20 145.83 5.00 2,289.96 6.54 1.50 180.00 2,469.96 32,529.24 7.06 7.59 300.00 36,000.00 150.00 5.00 2,340.00 6.50 1.50 180.00 2,520.00 33,480.00 7.00 7.53 333.33 39,999.60 166.67 4.74 2,511.97 6.28 1.50 180.00 2,691.97 37,307.63 6.73 7.22 350.00 42,000.00 175.00 4.50 2,586.00 6.16 1.50 180.00 2,766.00 39,234.00 6.59 7.05 375.00 45,000.00 187.50 4.25 2,709.00 6.02 1.50 180.00 2,889.00 42,111.00 6.42 6.86 400.00 48,000.00 200.00 4.00 2,832.00 5.90 1.50 180.00 3,012.00 44,988.00 6.28 6.70 416.66 49,999.20 208.33 3.80 2,909.95 5.82 1.50 180.00 3,089.95 46,909.25 6.18 6.59 500.00 60,000.00 225.00 2.78 3,000.24 5.00 1.50 180.00 3,180.24 56,819.76 5.30 5.60 750.00 90,000.00 300.00 2.50 3,870.00 4.30 1.50 180.00 4,050.00 85,950.00 4.50 4.71 1,000.00 120,000.00 300.00 5.00 4,140.00 3.45 1.50 180.00 4,320.00 115,680.00 3.60 3.73 1,500.00 180,000.00 315.00 6.00 4,428.00 2.46 1.50 180.00 4,608.00 175,392.00 2.56 2.63 2,000.00 240,000.00 325.00 7.00 4,656.00 1.94 1.50 180.00 4,836.00 235,164.00 2.02 2.06 2,500.00 300,000.00 350.00 8.00 5,064.00 1.69 1.50 180.00 5,244.00 294,756.00 1.75 1.78 5,000.00 600,000.00 400.00 11.00 5,988.00 1.00 1.50 180.00 6,168.00 593,832.00 1.03 1.04 10,000.00 1,200,000.00 500.00 15.56 7,680.48 0.64 1.50 180.00 7,860.48 1,192,139.52 0.66 0.66 NOTES*: (A) Does not include the annual $12 Completed Plan or Inactive Account Fees, payable to the Custodian first from dividends and distributions and then, if necessary, from principal. Plans established under an Automatic Investment Program or a government allotment after November 29, 1993, will pay a reduced Custodian Fee of $0.75 per automatic investment. (B) Does not include a service charge, payable first from dividends and distributions and then, if necessary, from principal, to cover certain administrative expenses actually incurred. The amount of such charge will be determined by prorating the Plan's annual administrative costs over the total number of Plan accounts. In general, for the fiscal year ended September 30, 2013, the charge was $4.66 for Destiny Plans I: O per Plan account established on or after December 30, 1985. For plan accounts established prior to December 30, 1985 and after October 30, 1982, the charge was $10.00 per account. For Plans established prior to October 31, 1982, this charge cannot exceed $2 per year. (C) Investment" means only your monthly Plan investments and does not include any reinvestment of capital gain or dividend distributions. * See Custodian Fees and Other Service Charges" on page 5. 7 ALLOCATION OF INVESTMENTS AND DEDUCTIONS 15 Year Plans (180 investments) (Assumes that all investments are made in accordance with the terms of the Plan) CREATION AND SALES CHARGES Total Face Amount of Plan CUSTODIAN FEES Per Investment 1 thru 12 Per Investment 13 thru 180 Total 9,000.00 $ 25.00 $ 2.86 $ 780.48 75.00 13,500.00 37.50 4.06 1,132.08 8.39 100.00 18,000.00 50.00 5.41 1,508.88 Monthly Investment $ 50.00 $ % of Total Per Investments Investment 8.67% $ 1.10 Total(A) $ % OF TOTAL CHARGES Net Investment in Fund Shares(C) Total Charges(A)(B) 198.00 $ 978.48 1.25 225.00 1,357.08 8.38 1.50 270.00 1,778.88 $ 8,021.52 To Total Investments(C) To Net Investments in Fund Shares(C) 10.87% 12.20% 12,142.92 10.05 11.18 16,221.12 9.88 10.97 125.00 22,500.00 62.50 6.76 1,885.68 8.38 1.50 270.00 2,155.68 20,334.32 9.58 10.60 150.00 27,000.00 75.00 5.70 1,857.60 6.88 1.50 270.00 2,127.60 24,872.40 7.88 8.55 166.66 29,998.80 83.33 6.33 2,063.40 6.88 1.50 270.00 2,333.40 27,665.40 7.78 8.43 200.00 36,000.00 100.00 7.43 2,448.24 6.80 1.50 270.00 2,718.24 33,281.76 7.55 8.17 250.00 45,000.00 125.00 9.29 3,060.72 6.80 1.50 270.00 3,330.72 41,669.28 7.40 7.99 291.66 52,498.80 145.83 6.73 2,880.60 5.49 1.50 270.00 3,150.60 49,348.20 6.00 6.38 300.00 54,000.00 150.00 5.04 2,646.72 4.90 1.50 270.00 2,916.72 51,083.28 5.40 5.71 333.33 59,999.40 166.67 5.24 2,879.97 4.80 1.50 270.00 3,149.97 56,849.43 5.25 5.54 350.00 63,000.00 175.00 5.31 2,992.08 4.75 1.50 270.00 3,262.08 59,737.92 5.18 5.46 375.00 67,500.00 187.50 4.65 3,030.75 4.49 1.50 270.00 3,300.75 64,199.25 4.89 5.14 400.00 72,000.00 200.00 3.80 3,038.40 4.22 1.50 270.00 3,308.40 68,691.60 4.60 4.82 416.66 74,998.00 208.33 3.78 3,134.95 4.18 1.50 270.00 3,404.95 71,593.85 4.54 4.76 500.00 90,000.00 225.00 5.36 3,600.48 4.00 1.50 270.00 3,870.48 86,129.52 4.30 4.49 750.00 135,000.00 300.00 8.70 5,061.60 3.75 1.50 270.00 5,331.60 129,668.40 3.95 4.11 1,000.00 180,000.00 300.00 15.54 6,210.72 3.45 1.50 270.00 6,480.72 173,519.28 3.60 3.73 1,500.00 270,000.00 315.00 17.52 6,723.36 2.49 1.50 270.00 6,993.36 263,006.64 2.59 2.66 2,000.00 360,000.00 325.00 18.57 7,019.76 1.95 1.50 270.00 7,289.76 352,710.24 2.02 2.07 2,500.00 450,000.00 350.00 20.26 7,603.68 1.69 1.50 270.00 7,873.68 442,126.32 1.75 1.78 5,000.00 900,000.00 400.00 25.00 9,000.00 1.00 1.50 270.00 9,270.00 890,730.00 1.03 1.04 10,000.00 1,800,000.00 500.00 29.64 10,979.52 0.61 1.50 270.00 11,249.52 1,788,750.48 0.62 0.63 NOTES*: (A) Does not include the annual $12 Completed Plan or Inactive Account Fees, payable to the Custodian first from dividends and distributions and then, if necessary, from principal. Plans established under an Automatic Investment Program or a government allotment after November 23, 1993, will pay a reduced Custodian Fee of $0.75 per automatic investment. (B) Does not include a service charge, payable first from dividends and distributions and then, if necessary, from principal, to cover certain administrative expenses actually incurred. The amount of such charge will be determined by prorating the Plan's annual administrative costs over the total number of Plan accounts. In general, for the fiscal year ended September 30, 2013, the charge was $4.66 for Destiny Plans I: O per Plan account established on or after December 30, 1985. For plan accounts established prior to December 30, 1985 and after October 30, 1982, the charge was $10.00 per account. For Plans established prior to October 31, 1982, this charge cannot exceed $2 per year. (C) Investment" means only your monthly Plan investments and does not include any reinvestment of capital gain or dividend distributions. * See Custodian Fees and Other Service Charges" on page 5. 8 TOTAL ALLOCATIONS AND DEDUCTIONS WHEN EXTENDED INVESTMENT OPTION OF 120 ADDITIONAL INVESTMENTS IS USED 25 Year Plans (Assumes that all investments are made in accordance with the terms of the Extended Investment Option)* CREATION AND SALES CHARGES Total Face Amount of Plan Monthly Investment $ 50.00 $ 15,000.00 Creation and Sales Charges $ CUSTODIAN FEES Creation and Sales Charges as % of Total Investments 1,123.68 7.49% Custodian Fees(A)(B) $ 330.00 Net Investment in Fund Shares(C) To Total Investments(C) To Net Investments in Fund Shares(C) 1,453.68 $ 13,546.32 9.69% 10.73% Total Charges(A)(B) $ % OF TOTAL CHARGES 75.00 22,500.00 1,619.28 7.20 375.00 1,994.28 20,505.72 8.86 9.73 100.00 30,000.00 2,158.08 7.19 450.00 2,608.08 27,391.92 8.69 9.52 125.00 37,500.00 2,696.88 7.19 450.00 3,146.88 34,353.12 8.39 9.16 150.00 45,000.00 2,541.60 5.65 450.00 2,991.60 42,008.40 6.65 7.12 166.66 49,998.00 2,823.00 5.65 450.00 3,273.00 46,725.00 6.55 7.00 200.00 60,000.00 3,339.84 5.57 450.00 3,789.84 56,210.16 6.32 6.74 250.00 75,000.00 4,175.52 5.57 450.00 4,625.52 70,374.48 6.17 6.57 291.66 87,498.00 3,688.20 4.22 450.00 4,138.20 83,359.80 4.73 4.96 300.00 90,000.00 3,251.52 3.61 450.00 3,701.52 86,298.48 4.11 4.29 333.33 99,999.00 3,509.96 3.51 450.00 3,959.96 96,039.04 3.96 4.12 350.00 105,000.00 3,629.28 3.46 450.00 4,079.28 100,920.72 3.89 4.04 375.00 112,500.00 3,577.50 3.18 450.00 4,027.50 108,472.50 3.58 3.71 400.00 120,000.00 3,494.40 2.91 450.00 3,944.40 116,055.60 3.29 3.40 416.66 124,998.00 3,624.94 2.90 450.00 4,074.94 120,923.06 3.26 3.37 500.00 150,000.00 4,243.68 2.83 450.00 4,693.68 145,306.32 3.13 3.23 750.00 225,000.00 6,105.60 2.71 450.00 6,555.60 218,444.40 2.91 3.00 1,000.00 300,000.00 8,075.52 2.69 450.00 8,525.52 291,474.48 2.84 2.92 1,500.00 450,000.00 8,825.76 1.96 450.00 9,275.76 440,724.24 2.06 2.10 2,000.00 600,000.00 9,248.16 1.54 450.00 9,698.16 590,301.84 1.62 1.64 2,500.00 750,000.00 10,034.88 1.34 450.00 10,484.88 739,515.12 1.40 1.42 5,000.00 1,500,000.00 12,000.00 0.80 450.00 12,450.00 1,487,550.00 0.83 0.84 10,000.00 3,000,000.00 14,536.32 0.48 450.00 14,986.32 2,985,013.68 0.50 0.50 NOTES**: (A) Does not include the annual $12 Completed Plan or Inactive Account Fees, payable to the Custodian first from dividends and distributions and then, if necessary, from principal. Plans established under an Automatic Investment Program or a government allotment after November 23, 1993, will pay a reduced Custodian Fee of $0.75 per automatic investment. (B) Does not include a service charge, payable first from dividends and distributions and then, if necessary, from principal, to cover certain administrative expenses actually incurred. The amount of such a charge will be determined by prorating the Plan's annual administrative costs over the total number of Plan accounts. In general, for the fiscal year ended September 30, 2013, the charge was $4.66 for Destiny Plans I: O per Plan account established on or after December 30, 1985. For plan accounts established prior to December 30, 1985 and after October 30, 1982, the charge was $10.00 per account. For Plans established prior to October 31, 1982, this charge cannot exceed $2 per year. (C) Investment" means only your monthly Plan investments and does not include any reinvestment of capital gain or dividend distributions. * Please see page 14 for a description of the Extended Investment Option. ** See Custodian Fees and Other Service Charges" on page 5. 9 TOTAL ALLOCATIONS AND DEDUCTIONS WHEN EXTENDED INVESTMENT OPTION OF 180 ADDITIONAL INVESTMENTS IS USED 30 Year Plans (Assumes that all investments are made in accordance with the terms of the Extended Investment Option)* CREATION AND SALES CHARGES Total Face Amount of Plan Monthly Investment $ 50.00 $ 18,000.00 Creation and Sales Charges $ CUSTODIAN FEES Creation and Sales Charges as % of Total Investments 1,123.68 6.24% Custodian Fees(A)(B) $ 396.00 % OF TOTAL CHARGES Net Investment in Fund Shares(C) Total Charges(A)(B) $ 1,519.68 $ To Total Investments(C) To Net Investments in Fund Shares(C) 16,480.32 8.44% 9.22% 75.00 27,000.00 1,619.28 6.00 450.00 2,069.28 24,930.72 7.66 8.30 100.00 36,000.00 2,158.08 5.99 540.00 2,698.08 33,301.92 7.49 8.10 125.00 45,000.00 2,696.88 5.99 540.00 3,236.88 41,763.12 7.19 7.75 150.00 54,000.00 2,541.60 4.71 540.00 3,081.60 50,918.40 5.71 6.05 166.66 59,997.60 2,823.00 4.71 540.00 3,363.00 56,634.60 5.61 5.94 200.00 72,000.00 3,339.84 4.64 540.00 3,879.84 68,120.16 5.39 5.70 250.00 90,000.00 4,175.52 4.64 540.00 4,715.52 85,284.48 5.24 5.53 291.66 104,997.60 3,688.20 3.51 540.00 4,228.20 100,769.40 4.03 4.20 3.64 300.00 108,000.00 3,251.52 3.01 540.00 3,791.52 104,208.48 3.51 333.33 119,998.80 3,509.96 2.92 540.00 4,049.96 115,948.84 3.38 3.49 350.00 126,000.00 3,629.28 2.88 540.00 4,169.28 121,830.72 3.31 3.42 375.00 135,000.00 3,577.50 2.65 540.00 4,117.50 130,882.50 3.05 3.15 400.00 144,000.00 3,494.40 2.43 540.00 4,034.40 139,965.60 2.80 2.88 416.66 149,997.60 3,624.94 2.42 540.00 4,164.94 145,832.66 2.78 2.86 500.00 180,000.00 4,243.68 2.36 540.00 4,783.68 175,216.32 2.66 2.73 750.00 270,000.00 6,105.60 2.26 540.00 6,645.60 263,354.40 2.46 2.52 1,000.00 360,000.00 8,075.52 2.24 540.00 8,615.52 351,384.48 2.39 2.45 1,500.00 540,000.00 8,825.76 1.63 540.00 9,365.76 530,634.24 1.73 1.77 2,000.00 720,000.00 9,248.16 1.28 540.00 9,788.16 710,211.84 1.36 1.38 2,500.00 900,000.00 10,034.88 1.11 540.00 10,574.88 889,425.12 1.17 1.19 5,000.00 1,800,000.00 12,000.00 0.67 540.00 12,540.00 1,787,460.00 0.70 0.70 10,000.00 3,600,000.00 14,536.32 0.40 540.00 15,076.32 3,584,923.68 0.42 0.42 NOTES**: (A) Does not include the annual $12 Completed Plan or Inactive Account Fees, payable to the Custodian first from dividends and distributions and then, if necessary, from principal. Plans established under an Automatic Investment Program or a government allotment after November 23, 1993, will pay a reduced Custodian Fee of $0.75 per automatic investment. (B) Does not include a service charge, payable first from dividends and distributions and then, if necessary, from principal, to cover certain administrative expenses actually incurred. The amount of such a charge will be determined by prorating the Plan's annual administrative costs over the total number of Plan accounts. In general, for the fiscal year ended September 30, 2013, the charge was $4.66 for Destiny Plans I: O per Plan account established on or after December 30, 1985. For plan accounts established prior to December 30, 1985 and after October 30, 1982, the charge was $10.00 per account. For Plans established prior to October 31, 1982, this charge cannot exceed $2 per year. (C) Investment" means only your monthly Plan investments and does not include any reinvestment of capital gain or dividend distributions. * Please see page 14 for a description of the Extended Investment Option. ** See Custodian Fees and Other Service Charges" on page 5. 10 A $50 MONTHLY INVESTMENT PLAN (Assumes that all investments are made in accordance with the terms of the Plan) At the End of Your Plan* Amount 10 YEARS (120 INVESTMENTS) Total Investments Deduct: Creation and Sales Charges Custodian Fees Total Deductions(A) Net Amount Invested under Plans 15 YEARS (180 INVESTMENTS) Total Investments Deduct: Creation and Sales Charges Custodian Fees Total Deductions(A) Net Amount Invested under Plans 25 YEARS (300 INVESTMENTS) Total Investments(B) Deduct: Creation and Sales Charges Custodian Fees Total Deductions(A) Net Amount Invested under Plans 30 YEARS (360 INVESTMENTS) Total Investments(B) Deduct: Creation and Sales Charges Custodian Fees Total Deductions(A) Net Amount Invested under Plans $ 6,000.00 494.40 132.00 626.40 5,373.60 $ 9,000.00 780.48 198.00 978.48 8,021.52 At the End of 6 Months (6 Investments) % of Total Investments 100.00% Amount $ 100.00% 100.00% 1,123.68 330.00 1,453.68 13,546.32 $18,000.00 100.00% 1,123.68 396.00 1,519.68 16,480.32 6.24 2.20 8.44 91.56 $ 300.00 100.00% 100.00% 100.00% 50.00 2.20 52.20 47.80 600.00 100.00% $ 1,200.00 50.00 2.20 52.20 47.80 600.00 100.00% 300.00 13.20 313.20 286.80 50.00 2.20 52.20 47.80 600.00 100.00% 300.00 13.20 313.20 286.80 50.00 2.20 52.20 47.80 300.00 Amount 300.00 13.20 313.20 286.80 50.00 2.20 52.20 47.80 300.00 At the End of 2 Years (24 Investments) % of Total Investments 50.00 2.20 52.20 47.80 600.00 100.00% 300.00 13.20 313.20 286.80 50.00 2.20 52.20 47.80 Amount 50.00 2.20 52.20 47.80 150.00 6.60 156.60 143.40 7.49 2.20 9.69 90.31 100.00% 150.00 6.60 156.60 143.40 $ 300.00 150.00 6.60 156.60 143.40 $ 8.67 2.20 10.87 89.13 $15,000.00 % of Total Investments 150.00 6.60 156.60 143.40 8.24 2.20 10.44 89.56 At the End of 1 Year (12 Investments) $ $ $ $ 321.60 26.40 348.00 852.00 $ 1,200.00 334.32 26.40 360.72 839.28 $ 1,200.00 334.32 26.40 360.72 839.28 $ 1,200.00 334.32 26.40 360.72 839.28 % of Total Investments 100.00% 26.80 2.20 29.00 71.00 100.00% 27.86 2.20 30.06 69.94 100.00% 27.86 2.20 30.06 69.94 100.00% 27.86 2.20 30.06 69.94 * Assumes completion of your Plan. NOTES**: Does not include a service charge, payable first from dividends and distributions and then, if necessary, from principal, to cover certain administrative expenses actually incurred. The amount of such a charge will be determined by prorating the Plan's annual administrative costs over the total number of Plan accounts. In general, for the fiscal year ended September 30, 2013, the charge was $4.66 for Destiny Plans I: O per Plan account established on or after December 30, 1985. (A) (B) The 25Ćyear (300 investments) or 30Ćyear (360 investments) schedules reflect the charges applicable to a 15 year Plan which is continued under the Extended Investment Option. It does not include the reduced Custodian Fee rate of $0.75 per automatic investment for Plans established under an Automatic Investment Program or a government allotment, as described on page 12. The Custodian Fee may be increased as set forth in Custodian Fees and Other Service Charges" on page 5. ** See Custodian Fees and Other Service Charges" on page 5. Dividends and distributions received on Fund shares during the periods shown above have not been included or reflected in any way in the amounts shown in the table. After the first 12 investments, the Creation and Sales Charges deducted from any investment will not exceed 3.73% of the net investment in Fund shares in the case of a 10 year Plan and 6.07% of the net investment in Fund shares in the case of a 15 year Plan (before deduction of Custodian Fee). The amounts shown do not reflect the deduction of any of the Account Fees described on page 5. 11 KEEPING YOUR PLAN CURRENT Your Plan calls for monthly investments for a period of either 10 or 15 years, with the option of extending a 15 year Plan for another 15 years. You are not likely to realize the full benefit of your Plan unless you complete your Plan. You should carefully consider your ability to make monthly investments for the length of time required to complete your Plan before you start a Plan. The Plans offer an Automatic Investment Program to assist you in making your monthly investments. See Automatic Investment Program and Government Allotments" below. If you stop making monthly investments, your ability to benefit from dollarĆcost averaging will be reduced. See DollarĆCost Averaging and Diversification" below. If you stop making monthly investments and have not made any of your monthly investments in advance of their due date, your Plan will no longer be current. An inactive account fee of $12 is charged annually if you have not completed your Plan and no investment has been made for a 12Ćmonth period, after giving credit for any prepayment of monthly investments that you may have made. This fee is deducted from dividends and distributions or, if these are not sufficient, the Custodian has the right to obtain the amount needed to pay its fee by selling Fund shares from your Plan account. Under current policy, one investment is required during each 6Ćmonth period of the calendar year to prevent the Plan from being in default. Your Plan may be terminated by the Sponsor or the Custodian if it is in default. See Termination of Your Plan by the Sponsor or Custodian" on page 19. DOLLARĆCOST AVERAGING AND DIVERSIFICATION The Destiny Plans were created to utilize the investing method of dollarĆcost averaging. DollarĆcost averaging is a strategy of buying fixed dollar amounts of securities at regular intervals, regardless of the price of the shares. In the Destiny Plans, you invest a fixed amount on a monthly basis. Your monthly investment of a fixed dollar amount buys more shares when the share price is low and fewer shares when the share price is high. The benefit of this method is that, over time, the average cost of your shares will be lower than the average price of those shares. DollarĆcost averaging does not assure a profit or protect against a loss. If you sell your Fund shares when their value is less than their cost, you will incur a loss. Diversification can help you manage the investment risk by decreasing the volatility of a portfolio of securities. The Destiny PortfoĆ lios are diversified, which means that the Funds invest in a number of different securities. PLAN FEATURES 1. Automatic Investment Program and Government Allotments To encourage and assist you in making monthly investments, and to eliminate the burden of writing a check every month, you may arrange to have your investments made automatically by establishing an Automatic Investment Program or, if you are a member of the military, a government allotment. How to Establish, Change or Terminate an Automatic Investment Program   To establish an Automatic Investment Program, you should complete a Preauthorized Electronic Transaction Form, attach a voided blank check or deposit slip, and send it to Boston Financial at least 15 days before the date the Automatic Investment Program is to go into effect. Boston Financial will then electronically draw against your bank account each month in the amount of the monthly Plan investment. To change your Automatic Investment Program, you must give written notice to Boston Financial at least 15 days before the date on which the change is to go into effect. To terminate your Automatic Investment Program, you must notify Boston Financial at least 5 days before the date of the next scheduled electronic transfer by calling Boston Financial at 1Ć800Ć225Ć5270 or by writing to Boston Financial Data Services, Inc., P.O. Box 8300, Boston, Massachusetts 02266Ć8300. How to Establish, Change or Terminate a Government Allotment    Members of the military may establish a government allotment by completing the appropriate government allotment form. You may change or terminate a government allotment at any time by giving notice to your government disbursing office. Please obtain forms to establish, change, or terminate a government allotment from your government disbursing office. Boston Financial cannot supply you with these forms. 12 2. Rights of Accumulation You may qualify to pay lower Creation and Sales Charges on Plans where you increase the Face Amount, by aggregating their Face Amounts with the following holdings registered to you, members of your immediate family, or certain fiduciary accounts described below: (i) the Face Amounts of any current Plans, (ii) Class A, Class T, Class B, and Class C shares of any Fidelity Advisor fund, (iii) AdviĆ sor B Class shares and Advisor C Class shares of Treasury Fund, and (iv) Daily Money Class shares of Treasury Fund, Prime Fund or TaxĆExempt Fund acquired by exchange from any Fidelity Advisor fund. In addition, when you increase the Face Amount of an existing Plan, you may also qualify to reduce the Creation and Sales Charges you pay on future investments into any existing individual IRA Plans which are registered to you or your immediate family. 10 year and 15 year Plans may not be combined for purposes of taking advantage of these rights of accumulation. To use this privilege, you or your investment professional must notify the Sponsor in writing that you wish to aggregate the Face Amounts of each of the Plans that qualify for rights of accumulation for the purpose of determining the applicable Creation and Sales Charges. A letter of instruction for each face change must be submitted at the same time that you send your notice. Each Plan must be current at the time you send your notice. For rights of accumulation, a Plan is considered to be current if:  It has been completed and not redeemed; or  It has not been completed, but has at least as many investments recorded as there are months elapsed since establishment or since being increased; or  It is a qualified retirement plan, including an IRA. If one or more of the Plans, other than a qualified retirement plan, that are combined to take advantage of this privilege subsequently becomes no longer current, the remaining Creation and Sales Charges will be recalculated to reflect the charges applicable to the Plan or Plans that remain current. You may only combine Plans that are registered to you, your spouse, your children under the age of 21, or a trustee or other fiduciary of a single trust estate or single fiduciary account. For the purpose of this privilege, a single fiduciary account includes a pension, profitĆsharing or other employee benefit trust created pursuant to a plan qualified under Section 401 of the Internal Revenue Code, and a trust estate or fiduciary account may have more than one beneficiary. This privilege is not available to any group of individuĆ als whose funds are combined, directly or indirectly, for the purchase of redeemable securities of a registered investment company whether jointly or through a trustee, agent, custodian or other representative for that group of individuals. 3. Distributions Unless you direct otherwise, all dividends and other distributions, after applicable deductions, are automatically used to purchase additional Class O shares of the Fund at NAV as of the record date for the distribution. No sales charge is made on any reinvestment of dividends or other distributions. You must instruct Boston Financial if you wish to receive the dividends and other distributions in cash rather than additional shares. Your instructions must be received at least seven days before the record date of a dividend or distribution. You may change these instrucĆ tions at any time. Distributions on Fidelity Destiny IRAs are automatically reinvested. Dividends and other distributions are made on a perĆshare basis. After every distribution, the value of a share drops by the amount of the distribution. If you make an investment shortly before the exĆdividend date of the dividend or distribution, you will pay a price for the shares that includes the amount of the dividend or distribution. This is called buying a dividend." Dividends and distributions, if declared, are normally paid annually by each Fund, and may be taxable to you. See Taxes" on page 18. 4. Federal Voluntary Income Tax Withholding Boston Financial can withhold up to 28% of any dividend or other distribution paid by the Fund for income taxes and send that amount to the Internal Revenue Service as a credit against your tax liability, if any. The amount withheld may or may not be equal to the additional taxes you may owe on the dividend or distribution. If you choose to authorize this withholding, the number of Fund shares purchased with the remainder of the dividend or distribution will be less than would otherwise have been the case. Federal Voluntary Income Tax Withholding is available only for nonĆretirement (taxable) accounts. This withholding option can be started by submitting a Tax Withholding Form, which is included with your Plan Application, to Boston Financial at least 30 days before the option is to take effect. Once started, the withholding option will remain in effect until you notify Boston Financial in writing to end the withholding. For withholding tax information on distributions from qualified plans or Individual Retirement Accounts, please refer to your qualified plan documents or custodial agreement. 13 5. Your Voting Rights You will receive a notice at least 15 days before any matter is submitted to a vote of the shareholders of the Fund. The Custodian will vote on these matters according to your instructions. In the absence of instructions on how you wish to vote, the Custodian will vote all the votes of the Plan in the same proportion as it votes the shares for which it has received instructions from other Planholders in your Plan. The number of votes you are entitled to is based upon the dollar value of your investment. If you wish to attend a meeting at which shares may be voted, you may request Boston Financial to furnish a proxy or otherwise make arrangements for exercising your voting rights. 6. Making Advance Investments You are normally expected to make 12 regularly scheduled investments each calendar year. If you wish to complete your Plan ahead of schedule, you may make advance investments singly or in lumpĆsum amounts at any time during the life of your Plan. There is no restriction on the number of advance investments you may make during the life of your Plan, but the total amount of all your investments made during the life of your Plan may not exceed the total Face Amount of your Plan, unless you are exercising the Extended Investment Option. See Extended Investment Option" on page 14. Investments made in excess of this limit will be returned to you at the address of record. Monthly investments may also be paid in lumpĆsum amounts to make a Plan that is in arrears current. When you make advance investments, you pay the applicable Creation and Sales Charges that you pay on regular monthly investments. 7. Changing the Face Amount of Your Plan You may increase the Face Amount of your Plan at any time. This is called making a Face Change to your Plan. You may choose a new Face Amount that is one of the monthly investment amounts shown in the tables on pages 7, 8, 9 and 10. Within 12 months of the time you increase the Face Amount of your Plan, you may decrease your Face Amount back to an amount not lower than the Plan's previous Face Amount. Within 12 months of the time you open a new Plan, you may decrease your Face Amount by as much as 50%. This privilege is only available to Plans with Face Amounts of at least $12,000 ($100 per month). You must send your request for a change in the Face Amount of a Plan to Boston Financial or your representative along with a letter of instruction for the new Face Amount. Changes in the Face Amount of your Plan (increases or decreases) will not take effect until the Custodian receives written instrucĆ tions in good order from you. Whether you increase or decrease your Face Amount, a change in the Face Amount does not create new cancellation and refund rights. However, your Plan will be subject to the fees and deductions applicable to Plans of the same Face Amount opened at the time that you change the Face Amount of your Plan, as described in the then currently effective prospectus. The Creation and Sales Charges you have already paid on your existing Plan will be recomputed and applied as a credit to the Creation and Sales Charges due on your changed Plan, if any, at the time you change the Face Amount of your Plan. Any additional Creation and Sales Charges due on your changed Plan will be paid by liquidating Fund shares held by your Plan. 8. Extended Investment Option If you purchase a 15 year Plan, you may continue making monthly investments into your Plan after you complete all scheduled investments by making your initial investment within six months after your 180th payment. You will not be allowed to automatically activate the extended investment option after the six months following your 180th payment. If you purchase a 10 year Plan, you must first change the Face Amount of your Plan to that of a 15 year Plan and complete that Plan before activating the Extended Investment Option. You may make as many as 180 additional monthly investments, for a total of 360 investments. Investments which exceed this limit will be returned to you at the address of record. Your additional investments are subject to the same deductions (with the exception of the Custodian Fee) as your last scheduled investĆ ment, except that you will not pay additional Creation and Sales charges on each subsequent investment beyond your 300th payment. If you stop making investments under the Extended Investment Option, and your Plan is not current for six consecutive months, the Sponsor or the Custodian may terminate your Plan. The Custodian reserves the right to increase the Custodian Fee applicable to this period to the rate then being charged for new Plans of the same Plan size. In no case, however, will this new rate be more than 75% higher than the Custodian Fees detailed in this Prospectus. Your Extended Investment Option will end after your 360th monthly Plan investment. 14 9. Partial Redemption of Your Plan Shares Normally, if you redeem all of your Plan shares, your Plan will terminate. However, you may redeem less than all of your Plan shares without terminating your Plan. If you have owned your Plan for at least 45 days, you may direct the Custodian, as agent, to redeem up to 90% of the value of your Plan shares, expressed in dollars, and to pay you the proceeds. You may make partial redemptions as often as you desire. Any partial sale of shares and cash withdrawal must involve at least $100. When you make partial redemptions, you may elect to hold Fund shares directly by instructing the Custodian to deliver any or all of the Fund shares that have accumulated in your Plan for at least 60 days, properly registered in your name, to Fidelity Investments Institutional Operations Company, Inc., the transfer agent of the Fund. You may exchange your Fund shares for shares of any of the Fidelity funds, including Class A shares of any of the Fidelity funds that offer Advisor classes of shares, subject to minimum initial investment requireĆ ments. For more information, see Completed Plans and Exchanges" on page 18 and Exchanging Shares" on page PĆ10 of the Fund's prospectus. Where to Send Requests. Your partial redemption request should be sent to Boston Financial Data Services, Inc., P.O. Box 8300, Boston, Massachusetts 02266Ć8300. Your request must be signed and any required medallion signature guarantee must be received in proper order before any cash withdrawals or redemptions can be executed. Medallion Signature Guarantees May Be Required. If your partial redemption results in a cash withdrawal of more than $100,000, if the proceeds are to be sent to an address other than the address of record, or if the proceeds are to be paid to someone other than the record owner of the account, a medallion signature guarantee is required. A medallion signature guarantee is also required if the address of record has changed within the last 15 days and you wish to sell $10,000 or more of shares. A medallion signature guarantee is a widely accepted way to protect you and Fidelity by guaranteeing the signature that appears on your request. A medallion signature guarantee may not be provided by a notary public. The Custodian will accept medallion signature guarantees from banks, brokers, dealers, municiĆ pal securities dealers, municipal securities brokers, government securities dealers, government securities brokers, credit unions (if auĆ thorized under state law), national securities exchanges, registered securities associations, clearing agencies and savings associations. Telephone Requests. You may also make partial redemptions by telephone by calling Boston Financial at 1Ć800Ć225Ć5270, as long as you are not withdrawing more than 90% or $100,000 from your Plan and your request does not require a medallion signature guarantee. Automated Clearing House or Bank Wire. You may also make partial redemptions via the Automated Clearing House (ACH") or the Federal Reserve Wire System by calling Boston Financial at 1Ć800Ć225Ć5270. You must sign up for the ACH or wire feature at least 5 days before using it. Please call your investment professional or Boston Financial to verify that this feature is set up on your account. You must designate the U.S. commercial bank account(s) into which you want the redemption proceeds deposited. To add the ACH or wire feature or to change the bank account designated to receive redemption proceeds at any time prior to making a redemption request, you should send a letter of instruction, including a medallion signature guarantee and a blank voided check, to Boston Financial Data Services, Inc. P.O. Box 8300, Boston, Massachusetts 02266Ć8300. A $10 fee will be charged for each redemption of shares via the Federal Reserve Wire System. Redemption Prices and Proceeds. The redemption price for the partial redemption will be at the NAV calculated after your order is received in proper form. Partial redemption requests must be received by 4:00 p.m. Eastern time to receive that day's NAV. You will receive proceeds by check made payable as the account is registered and mailed to the address of record. Ordinarily, you will be sent the proceeds of a partial redemption within seven calendar days from the time Boston Financial accepts the request. However, Boston Financial will not mail redemption proceeds until checks received for the shares purchased have cleared (which may take up to 7 calendar days). The right of redemption of shares of the Fund may be suspended at times when the New York Stock Exchange is closed or if the Securities and Exchange Commission (SEC") has determined that certain other emergencies exist. If the right of redemption of shares is suspended, Fund shares may not be redeemed, and therefore, cash withdrawals may not be made. Certain Tax Consequences: Your Responsibilities. You may realize a capital gain or loss for federal income tax purposes on partial redemptions even if you replace the shares pursuant to the replacement option" described in the following paragraph. If assets from a Fidelity Destiny IRA are distributed directly to you, you will be responsible for any income taxes due on the distribution and, if you are under the age of 59 1/2, you may be subject to an early distribution penalty if those assets are not reinvested into another IRA within 60 days of receipt of the distribution. Replacement Option. If you make a partial redemption of some of your Plan shares, you may, but are not obligated to, replace those shares by repurchasing them, up to the dollar amount of the original sale, at any time after 90 days from the date of the original sale. If you own a Fidelity Destiny IRA, you may replace those shares by repurchasing them, up to the dollar amount of the original sale, at any time after 45 days from the date of the original sale. The annual contribution limitation will apply for such purchases. You may replace Plan shares at any time after 90 days (45 days for Fidelity Destiny IRAs), and the replacement need not be made in one transaction. However, the amount of any repurchase of shares following a partial redemption must be at least 25% of the amount redeemed or $500, whichever is less. Replacements of partial redemptions should be clearly identified to distinguish them from addiĆ tional investments. The Custodian or Boston Financial may require additional documentation. Your replacement will be applied to the 15 purchase of Fund shares at the next determined NAV. Partial redemptions and replacements do not affect the total number of monthly investments to be made or the unpaid balance of monthly investments. The partial redemption and replacement privileges are intended to facilitate the temporary use of funds invested in your Plan for emergency purposes. The Sponsor reserves the right to limit the number of transactions you may use to replace a partial redemption and to impose such additional restrictions as, in its judgment, are necessary to conform with the requirements of NASD Rule 2830 of the Rules of the Financial Industry Regulatory Authority (FINRA"). 10. Systematic Withdrawal Program When you have completed your Plan, you may choose to start a Systematic Withdrawal Program. You may also start a Systematic Withdrawal Program prior to completing your Plan if you provide Boston Financial with written notification that you do not intend to make any additional investments. If you resume making investments, you may want to consider discontinuing the Systematic Withdrawal Program because of the Creation and Sales Charges. If you have a Fidelity Destiny IRA and are 59 1/2 years old or older, you do not have to complete your Plan, or provide notification that you do not intend to make additional investments, before you start a Systematic Withdrawal Program. How to Start a Systematic Withdrawal Program. To start this program, you direct the Custodian, as your agent, to withdraw the necessary shares from your Plan account so that the Custodian may make regular cash withdrawals on a monthly or quarterly basis. You may authorize cash withdrawals of any amount, subject to a $50 minimum. The Sponsor has established the $50 minimum for administrative convenience: it should not be considered a recommended Systematic Withdrawal amount. You may change the dollar amount of the withdrawĆ al or stop the Systematic Withdrawal Program at any time. To make program withdrawals by ACH or bank wire please follow the instructions set forth above in Section 9 under Partial Redemption of Your Plan Shares - Automated Clearing House or Bank Wire. Your Plan will remain in full force and effect with all rights and privileges until all shares have been withdrawn from your account. You should realize that withdrawals in excess of the dividends and distributions paid on your Plan shares will be made from principal and eventually may exhaust your P