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|  |  | Securities Exchange Act of 1934Section 14(a) and Rule 14a-8(i)(3)January 22, 2008
Joseph R. Fleming, Esq.Dechert LLP200 Clarendon Street, 27th FloorBoston, MA 02116-5021

Re: Omission of Shareholder Proposal Pursuant to Rule 14a-8 for Certain Fidelity Funds.

Dear Mr. Fleming:

In a letter dated November 2, 2007, on behalf of Fidelity Aberdeen Street Trust, Fidelity Capital Trust, Fidelity Commonwealth Trust, Fidelity Contrafund, Fidelity Fixed-Income Trust, Fidelity Investment Trust, Fidelity Mt. Vernon Street Trust, Fidelity Puritan Trust, Fidelity Securities Trust, Fidelity Select Portfolios and Fidelity Summer Street Trust on behalf of their separate series (each a "Fund" and collectively, the "Funds"), you requested confirmation from the staff of the Division of Investment Management that it would not recommend an enforcement action to the Securities and Exchange Commission if the shareholder proposal ("Proposal") submitted by shareholders of each Fund described in your letter is omitted from the proxy statement and form of proxy (the "Proxy Materials") for the next scheduled shareholder meeting of each Fund the dates of which are set forth in Schedule B to your letter. The Proposal states:

**RESOLVED:** In order to ensure that Fidelity is an ethically managed company that respects the spirit of international law and is a responsible member of society, shareholders request that the Fund's Board institute oversight procedures to screen out investments in companies that, in the judgment of the Board, substantially contribute to genocide, patterns of extraordinary and egregious violations of human rights, or crimes against humanity.

You request our assurances that we would not recommend enforcement action if the Funds omit the Proposal from the proxy materials at the next scheduled shareholder meeting for each Fund pursuant to Rule 14a-8(i)(3) under the Securities Exchange Act of 1934. This rule permits a company to exclude a proposal if the proposal or supporting statement is contrary to any of the Commission's proxy rules, including Rule 14a-9, which prohibits materially false or misleading statements in proxy soliciting materials. After considering your request,1 we are unable to concur with your view that the Funds may exclude the Proposal under Rule 14a-8(i)(3). Accordingly, we do not believe that the Funds may omit the Proposal from their Proxy Materials for the next scheduled shareholder meeting for each Fund in reliance on Rule 14a-8(i)(3). 

You request our assurances that we would not recommend enforcement action if the Funds omit the Proposal from the proxy materials at the next scheduled shareholder meeting for each Fund pursuant to Rule 14a-8(i)(7) under the Securities Exchange Act of 1934. This rule permits a company to exclude a proposal if the proposal deals with a matter relating to the company's ordinary business operations. After considering your request, we are unable to concur with your view that the Funds may exclude the Proposal under Rule 14a-8(i)(7). Accordingly, we do not believe that the Funds may omit the Proposal from their Proxy Materials for the next scheduled shareholder meeting for each Fund in reliance on Rule 14a-8(i)(7).

Attached is a description of the informal procedures the Division follows in responding to shareholder proposals. If you have any questions or comments concerning this matter, please call me at (202) 551-6949.

Sincerely,

Christian T. SandoeSenior CounselOffice of Disclosure and Review
cc:Nechama Liss-LevinsonJudith BlanchardJames MaiselsMary HaskellSteven KarschAndrea WagnerPeter BarrerNancy Lee Goldbaum PetersonEndnotes
1 We also considered a letter submitted on behalf of the Proponents dated November 16, 2007.
Incoming Letter
The Incoming Letter is in Acrobat format.

*http://www.sec.gov/divisions/investment/noaction/2008/fidelityfunds012208-14a.htm*Home | Previous PageModified: 01/29/2008 |
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