Important information on account transactions in volatile markets

Transcription

Important information on account transactions in volatile markets
Important information on account
transactions in volatile markets
In light of recent disruptions in the financial markets, you should be
aware of several important points generally applicable to transactions
processed by Fidelity in your workplace savings plan:
•
When you request a transaction in your account, the proceeds from
any sale are credited to your account on the “settlement date.”
Although investment funds held in workplace savings plans usually
settle within one business day from the date the order is processed,
most funds (including money market funds) have the right to delay
settlement for up to seven days.
•
If you move money between investments through an exchange or
rebalance transaction that results in a sale of a fund that exercises
its right to delay settlement, Fidelity will process the purchase side
of the transaction on the settlement date at the price on that date.
•
For details, please refer to the fund’s prospectus or other available
investment information.
Brokerage Products and Services and workplace savings plan products and services offered directly to
investors and plan sponsors provided by Fidelity Brokerage Services Member NYSE, SIPC, 300
Puritan Way, Marlborough, MA 01752.
Investment and workplace savings plan products and services distributed through investment
professionals provided by Fidelity Investments Institutional Services Company, Inc., 82 Devonshire
Street, Boston, MA 02109.
505874.4.0

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