Money jan2017

Page 2

The strong case for short-term bonds as interest rates rise. 2.5

2.0

Short-term bonds

Yield %

1.5

1.0

0.5

0 1mo

3mo

6mo

1yr

2yr

3yr

5yr

7yr

10yr

20yr

30yr

Time to Maturity

Before investing in any mutual fund or exchange-traded fund, you should consider its investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus, offering circular or, if available, a summary prospectus containing this information. Read it carefully. Past performance is no guarantee of future results. ETFs are subject to market fluctuation and the risks of their underlying investments. ETFs are subject to management fees and other expenses. Unlike mutual funds, ETF shares are bought and sold at market price, which may be higher or lower than their NAV, and are not individually redeemed from the fund. 0U NLULYHS [OL IVUK THYRL[ PZ ]VSH[PSL HUK Ä _LK PUJVTL ZLJ\YP[PLZ JHYY` PU[LYLZ[ YH[L YPZR (Z PU[LYLZ[ YH[LZ YPZL IVUK WYPJLZ \Z\HSS` MHSS HUK ]PJL ]LYZH ;OPZ LɈ LJ[ PZ \Z\HSS` TVYL WYVUV\UJLK MVY SVUNLY [LYT ZLJ\YP[PLZ -P_LK PUJVTL ZLJ\YP[PLZ HSZV JHYY` PUÅ H[PVU YPZR SPX\PKP[` YPZR JHSS YPZR HUK JYLKP[ HUK KLMH\S[ YPZRZ MVY IV[O PZZ\LYZ HUK JV\U[LYWHY[PLZ 3V^LY X\HSP[` Ä _LK PUJVTL ZLJ\YP[PLZ PU]VS]L NYLH[LY YPZR VM KLMH\S[ VY WYPJL JOHUNLZ K\L [V WV[LU[PHS JOHUNLZ PU [OL JYLKP[ X\HSP[` VM [OL PZZ\LY -VYLPNU PU]LZ[TLU[Z PU]VS]L NYLH[LY YPZRZ [OHU < : PU]LZ[TLU[Z HUK JHU KLJSPUL ZPNUPÄ JHU[S` PU YLZWVUZL [V HK]LYZL PZZ\LY WVSP[PJHS YLN\SH[VY` THYRL[ HUK LJVUVTPJ YPZRZ (U` Ä _LK PUJVTL ZLJ\YP[` ZVSK VY YLKLLTLK WYPVY [V TH[\YP[` TH` IL Z\IQLJ[ [V SVZZ


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