Prospectus - Investment Objective

Fidelity Advisor Focus Funds®

Fidelity Advisor® Biotechnology Fund

Class/Ticker

A/FBTAX M/FBTTX C/FBTCX I/FBTIX Z/FIJYX

Fidelity Advisor® Consumer Discretionary Fund

Class/Ticker

A/FCNAX M/FACPX C/FCECX I/FCNIX Z/FIJZX

Fidelity Advisor® Energy Fund

Class/Ticker

A/FANAX M/FAGNX C/FNRCX I/FANIX Z/FIKAX

Fidelity Advisor® Financials Fund

Class/Ticker

A/FAFDX M/FAFSX C/FAFCX I/FFSIX Z/FIKBX

Fidelity Advisor® Health Care Fund

Class/Ticker

A/FACDX M/FACTX C/FHCCX I/FHCIX Z/FIKCX

Fidelity Advisor® Industrials Fund

Class/Ticker

A/FCLAX M/FCLTX C/FCLCX I/FCLIX Z/FIKEX

Fidelity Advisor® Semiconductors Fund

Class/Ticker

A/FELAX M/FELTX C/FELCX I/FELIX Z/FIKGX

Fidelity Advisor® Technology Fund

Class/Ticker

A/FADTX M/FATEX C/FTHCX I/FATIX Z/FIKHX

Fidelity Advisor® Utilities Fund

Class/Ticker

A/FUGAX M/FAUFX C/FUGCX I/FUGIX Z/FIKIX

Fidelity Advisor® Financials Fund was formerly known as Fidelity Advisor® Financial Services Fund.

Prospectus

September 29, 2023

Like securities of all mutual funds, these securities have not been approved or disapproved by the Securities and Exchange Commission, and the Securities and Exchange Commission has not determined if this prospectus is accurate or complete. Any representation to the contrary is a criminal offense.

245 Summer Street, Boston, MA 02210

Contents

Fund Summary		Fidelity Advisor® Biotechnology Fund
		Fidelity Advisor® Consumer Discretionary Fund
		Fidelity Advisor® Energy Fund
		Fidelity Advisor® Financials Fund
		Fidelity Advisor® Health Care Fund
		Fidelity Advisor® Industrials Fund
		Fidelity Advisor® Semiconductors Fund
		Fidelity Advisor® Technology Fund
		Fidelity Advisor® Utilities Fund
Fund Basics		Investment Details
		Valuing Shares
Shareholder Information		Additional Information about the Purchase and Sale of Shares
		Converting Shares
		Exchanging Shares
		Rollover IRAs
		Account Features and Policies
		Dividends and Capital Gain Distributions
		Tax Consequences
Fund Services		Fund Management
		Fund Distribution
Appendix		Financial Highlights
		Additional Index Information
		Sales Charge Waiver Policies Applied by Certain Intermediaries

Fund Summary

Fund/Class:

Fidelity Advisor® Biotechnology Fund

/A, M, C, I, Z

Investment Objective

Fidelity Advisor® Biotechnology Fund seeks capital appreciation.

Fee Table

The following table describes the fees and expenses that may be incurred when you buy, hold, and sell shares of the fund. In addition to the fees and expenses described below, your broker may also require you to pay brokerage commissions on purchases and sales of certain share classes of the fund.

You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in the fund or certain other Fidelity® funds. More information about these and other discounts is available from your investment professional and in the "Fund Distribution" section beginning on page 53 of the prospectus. Different intermediaries may provide additional waivers or reductions of the sales charge. Please see "Sales Charge Waiver Policies Applied by Certain Intermediaries" in the "Appendix" section of the prospectus.

Shareholder fees

(fees paid directly from your investment)

	Class A	Class M	Class C	Class I	Class Z
Maximum sales charge (load) on purchases (as a % of offering price)	5.75%	3.50%	None	None	None
Maximum contingent deferred sales charge (as a % of the lesser of original purchase price or redemption proceeds)	NoneA	NoneA	1.00%B	None	None

AClass A and Class M purchases of $1 million or more will not be subject to a front-end sales charge. Such Class A and Class M purchases may be subject, upon redemption, to a contingent deferred sales charge (CDSC) of 1.00% and 0.25%, respectively.

BOn Class C shares redeemed less than one year after purchase.

Annual Operating Expenses

(expenses that you pay each year as a % of the value of your investment)

	Class A	Class M	Class C	Class I	Class Z
Management fee	0.53%	0.53%	0.53%	0.53%	0.53%
Distribution and/or Service (12b-1) fees	0.25%	0.50%	1.00%	None	None
Other expenses	0.23%	0.26%	0.23%	0.21%	0.08%
Total annual operating expenses	1.01%	1.29%	1.76%	0.74%	0.61%

This example helps compare the cost of investing in the fund with the cost of investing in other funds.

Let's say, hypothetically, that the annual return for shares of the fund is 5% and that the fees and the annual operating expenses for shares of the fund are exactly as described in the fee table. This example illustrates the effect of fees and expenses, but is not meant to suggest actual or expected fees and expenses or returns, all of which may vary. For every $10,000 you invested, here's how much you would pay in total expenses if you sell all of your shares at the end of each time period indicated and if you hold your shares:

	Class A				Class M				Class C				Class I				Class Z
	Sell All Shares		Hold Shares		Sell All Shares		Hold Shares		Sell All Shares		Hold Shares		Sell All Shares		Hold Shares		Sell All Shares		Hold Shares
1 year	$	672	$	672	$	477	$	477	$	279	$	179	$	76	$	76	$	62	$	62
3 years	$	878	$	878	$	745	$	745	$	554	$	554	$	237	$	237	$	195	$	195
5 years	$	1,101	$	1,101	$	1,033	$	1,033	$	954	$	954	$	411	$	411	$	340	$	340
10 years	$	1,740	$	1,740	$	1,852	$	1,852	$	1,875	$	1,875	$	918	$	918	$	762	$	762

Portfolio Turnover

The fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when fund shares are held in a taxable account. These costs, which are not reflected in annual operating expenses or in the example, affect the fund's performance. During the most recent fiscal year, the fund's portfolio turnover rate was 78% of the average value of its portfolio.

Principal Investment Strategies

Normally investing primarily in common stocks.
Normally investing at least 80% of assets in securities of companies principally engaged in the research, development, manufacture, and distribution of various biotechnological products, services, and processes, and companies that benefit significantly from scientific and technological advances in biotechnology.
Investing in domestic and foreign issuers.
Using fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments.

Principal Investment Risks

Stock Market Volatility.

Stock markets are volatile and can decline significantly in response to adverse issuer, political, regulatory, market, or economic developments. Different parts of the market, including different market sectors, and different types of securities can react differently to these developments.

Foreign Exposure.

Foreign markets can be more volatile than the U.S. market due to increased risks of adverse issuer, political, regulatory, market, or economic developments and can perform differently from the U.S. market.

Biotechnology Industry Concentration.

Issuer-Specific Changes.

The value of an individual security or particular type of security can be more volatile than, and can perform differently from, the market as a whole.

The value of securities of smaller issuers can be more volatile than that of larger issuers.

In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to invest a greater portion of assets in securities of a smaller number of individual issuers than a diversified fund. As a result, changes in the market value of a single investment could cause greater fluctuations in share price than would occur in a more diversified fund.

An investment in the fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. You could lose money by investing in the fund.

Performance

The following information is intended to help you understand the risks of investing in the fund.

The information illustrates the changes in the performance of the fund's shares from year to year and compares the performance of the fund's shares to the performance of a securities market index and an additional index over various periods of time. The indexes have characteristics relevant to the fund's investment strategies. Index descriptions appear in the "Additional Index Information" section of the prospectus. Past performance (before and after taxes) is not an indication of future performance.

Visit institutional.fidelity.com for more recent performance information.

Year-by-Year Returns

The returns in the bar chart do not reflect any applicable sales charges; if sales charges were reflected, returns would be lower than those shown.

	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022
	63.53%	34.34%	11.07%	-23.58%	25.80%	-3.78%	25.70%	32.16%	-3.56%	-7.95%

During the periods shown in the chart for Class A:	Returns	Quarter ended
Highest Quarter Return	30.29%	June 30, 2020
Lowest Quarter Return	-27.76%	March 31, 2016
Year-to-Date Return	-0.88%	June 30, 2023

Average Annual Returns

Unlike the returns in the bar chart, the returns in the table reflect the maximum applicable sales charges. After-tax returns are calculated using the historical highest individual federal marginal income tax rates, but do not reflect the impact of state or local taxes. After-tax returns for Class A are shown in the table below and after-tax returns for other classes will vary. Actual after-tax returns may differ depending on your individual circumstances. The after-tax returns shown are not relevant if you hold your shares in a retirement account or in another tax-deferred arrangement, such as an employee benefit plan (profit sharing, 401(k), or 403(b) plan). Return After Taxes on Distributions and Sale of Fund Shares may be higher than other returns for the same period due to a tax benefit of realizing a capital loss upon the sale of fund shares.

For the periods ended December 31, 2022	Past 1 year	Past 5 years	Past 10 years
Class A - Return Before Taxes	-13.24%	5.99%	12.11%
Return After Taxes on Distributions	-13.24%	3.99%	10.83%
- Return After Taxes on Distributions and Sale of Fund Shares	-7.84%	4.38%	9.90%
Class M - Return Before Taxes	-11.43%	6.17%	12.03%
Class C - Return Before Taxes	-9.55%	6.46%	12.12%
Class I - Return Before Taxes	-7.74%	7.54%	13.08%
Class Z - Return Before Taxes	-7.60%	5.90%A	-
S&P 500® Index (reflects no deduction for fees, expenses, or taxes)	-18.11%	9.42%	12.56%
MSCI U.S. IMI Biotechnology 25-50 Index (reflects no deduction for fees, expenses, or taxes)	3.58%	8.39%	15.15%

AFrom October 2, 2018.

Investment Adviser

Fidelity Management & Research Company LLC (FMR) (the Adviser) is the fund's manager. Other investment advisers serve as sub-advisers for the fund.

Portfolio Manager(s)

Eirene Kontopoulos (Portfolio Manager) has managed the fund since 2018.

Purchase and Sale of Shares

You may buy or sell shares through a retirement account or through an investment professional.

You may buy or sell shares in various ways:

Internet

institutional.fidelity.com

Phone

To reach a Fidelity representative 1-877-208-0098

Mail

Fidelity Investments

P.O. Box 770002

Cincinnati, OH 45277-0081

Overnight Express:

Fidelity Investments

100 Crosby Parkway

Covington, KY 41015

Class I and Class Z eligibility requirements are listed in the "Additional Information about the Purchase and Sale of Shares" section of the prospectus.

The price to buy one share of Class A or Class M is its offering price, if you pay a front-end sales charge, or its net asset value per share (NAV), if you qualify for a front-end sales charge waiver.

The price to buy one share of Class C, Class I, or Class Z is its NAV.

Shares will be bought at the offering price or NAV, as applicable, next calculated after an order is received in proper form.

The price to sell one share of Class A, Class M, or Class C is its NAV, minus any applicable contingent deferred sales charge (CDSC).

The price to sell one share of Class I or Class Z is its NAV.

Shares will be sold at the NAV next calculated after an order is received in proper form, minus any applicable CDSC.

The fund is open for business each day the New York Stock Exchange (NYSE) is open.

There is no purchase minimum for fund shares.

Tax Information

Distributions you receive from the fund are subject to federal income tax and generally will be taxed as ordinary income or capital gains, and may also be subject to state or local taxes, unless you are investing through a tax-advantaged retirement account (in which case you may be taxed later, upon withdrawal of your investment from such account).

Payments to Broker-Dealers and Other Financial Intermediaries

The fund, the Adviser, Fidelity Distributors Company LLC (FDC), and/or their affiliates may pay intermediaries, which may include banks, broker-dealers, retirement plan sponsors, administrators, or service-providers (who may be affiliated with the Adviser or FDC), for the sale of fund shares and related services. These payments may create a conflict of interest by influencing your intermediary and your investment professional to recommend the fund over another investment. Ask your investment professional or visit your intermediary's web site for more information.

Fund Summary

Fund/Class:

Fidelity Advisor® Consumer Discretionary Fund

/A, M, C, I, Z

Investment Objective

Fidelity Advisor® Consumer Discretionary Fund seeks capital appreciation.

Fee Table

Shareholder fees

(fees paid directly from your investment)

	Class A	Class M	Class C	Class I	Class Z
Maximum sales charge (load) on purchases (as a % of offering price)	5.75%	3.50%	None	None	None
Maximum contingent deferred sales charge (as a % of the lesser of original purchase price or redemption proceeds)	NoneA	NoneA	1.00%B	None	None

BOn Class C shares redeemed less than one year after purchase.

Annual Operating Expenses

(expenses that you pay each year as a % of the value of your investment)

	Class A	Class M	Class C	Class I	Class Z
Management fee	0.53%	0.53%	0.53%	0.53%	0.53%
Distribution and/or Service (12b-1) fees	0.25%	0.50%	1.00%	None	None
Other expenses	0.26%	0.28%	0.27%	0.24%	0.11%
Total annual operating expenses	1.04%	1.31%	1.80%	0.77%	0.64%

This example helps compare the cost of investing in the fund with the cost of investing in other funds.

	Class A				Class M				Class C				Class I				Class Z
	Sell All Shares		Hold Shares		Sell All Shares		Hold Shares		Sell All Shares		Hold Shares		Sell All Shares		Hold Shares		Sell All Shares		Hold Shares
1 year	$	675	$	675	$	479	$	479	$	283	$	183	$	79	$	79	$	65	$	65
3 years	$	887	$	887	$	751	$	751	$	566	$	566	$	246	$	246	$	205	$	205
5 years	$	1,116	$	1,116	$	1,043	$	1,043	$	975	$	975	$	428	$	428	$	357	$	357
10 years	$	1,773	$	1,773	$	1,874	$	1,874	$	1,916	$	1,916	$	954	$	954	$	798	$	798

Portfolio Turnover

Principal Investment Strategies

Normally investing primarily in common stocks.
Normally investing at least 80% of assets in securities of companies principally engaged in the manufacture and distribution of consumer discretionary products and services.
Investing in domestic and foreign issuers.
Using fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments.

Principal Investment Risks

Stock Market Volatility.

Foreign Exposure.

Consumer Discretionary Industry Concentration.

The consumer discretionary industries can be significantly affected by the performance of the overall economy, interest rates, competition, consumer confidence and spending, and changes in demographics and consumer tastes.

Issuer-Specific Changes.

The value of an individual security or particular type of security can be more volatile than, and can perform differently from, the market as a whole.

The value of securities of smaller issuers can be more volatile than that of larger issuers.

Performance

The following information is intended to help you understand the risks of investing in the fund.

Visit institutional.fidelity.com for more recent performance information.

Year-by-Year Returns

The returns in the bar chart do not reflect any applicable sales charges; if sales charges were reflected, returns would be lower than those shown.

	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022
	40.56%	9.48%	3.83%	4.14%	21.77%	-1.36%	26.64%	36.14%	18.87%	-35.18%

During the periods shown in the chart for Class A:	Returns	Quarter ended
Highest Quarter Return	32.73%	June 30, 2020
Lowest Quarter Return	-26.41%	June 30, 2022
Year-to-Date Return	28.36%	June 30, 2023

Average Annual Returns

For the periods ended December 31, 2022	Past 1 year	Past 5 years	Past 10 years
Class A - Return Before Taxes	-38.91%	4.31%	9.61%
Return After Taxes on Distributions	-39.51%	3.54%	8.56%
- Return After Taxes on Distributions and Sale of Fund Shares	-22.52%	3.48%	7.69%
Class M - Return Before Taxes	-37.60%	4.53%	9.56%
Class C - Return Before Taxes	-36.27%	4.76%	9.60%
Class I - Return Before Taxes	-34.99%	5.84%	10.56%
Class Z - Return Before Taxes	-34.91%	3.38%A	-
S&P 500® Index (reflects no deduction for fees, expenses, or taxes)	-18.11%	9.42%	12.56%
MSCI U.S. IMI Consumer Discretionary 25-50 Index (reflects no deduction for fees, expenses, or taxes)	-35.13%	8.80%	12.85%

AFrom October 2, 2018.

Investment Adviser

Fidelity Management & Research Company LLC (FMR) (the Adviser) is the fund's manager. Other investment advisers serve as sub-advisers for the fund.

Portfolio Manager(s)

Jordan Michaels (Portfolio Manager) has managed the fund since 2022.

Purchase and Sale of Shares

You may buy or sell shares through a retirement account or through an investment professional.

You may buy or sell shares in various ways:

Internet

institutional.fidelity.com

Phone

To reach a Fidelity representative 1-877-208-0098

Mail

Fidelity Investments

P.O. Box 770002

Cincinnati, OH 45277-0081

Overnight Express:

Fidelity Investments

100 Crosby Parkway

Covington, KY 41015

Class I and Class Z eligibility requirements are listed in the "Additional Information about the Purchase and Sale of Shares" section of the prospectus.

The price to buy one share of Class C, Class I, or Class Z is its NAV.

Shares will be bought at the offering price or NAV, as applicable, next calculated after an order is received in proper form.

The price to sell one share of Class A, Class M, or Class C is its NAV, minus any applicable contingent deferred sales charge (CDSC).

The price to sell one share of Class I or Class Z is its NAV.

Shares will be sold at the NAV next calculated after an order is received in proper form, minus any applicable CDSC.

The fund is open for business each day the New York Stock Exchange (NYSE) is open.

There is no purchase minimum for fund shares.

Tax Information

Payments to Broker-Dealers and Other Financial Intermediaries

Fund Summary

Fund/Class:

Fidelity Advisor® Energy Fund

/A, M, C, I, Z

Investment Objective

Fidelity Advisor® Energy Fund seeks capital appreciation.

Fee Table

Shareholder fees

(fees paid directly from your investment)

	Class A	Class M	Class C	Class I	Class Z
Maximum sales charge (load) on purchases (as a % of offering price)	5.75%	3.50%	None	None	None
Maximum contingent deferred sales charge (as a % of the lesser of original purchase price or redemption proceeds)	NoneA	NoneA	1.00%B	None	None

BOn Class C shares redeemed less than one year after purchase.

Annual Operating Expenses

(expenses that you pay each year as a % of the value of your investment)

	Class A	Class M	Class C	Class I	Class Z
Management fee	0.53%	0.53%	0.53%	0.53%	0.53%
Distribution and/or Service (12b-1) fees	0.25%	0.50%	1.00%	None	None
Other expenses	0.23%	0.24%	0.23%	0.21%	0.09%
Total annual operating expenses	1.01%	1.27%	1.76%	0.74%	0.62%

This example helps compare the cost of investing in the fund with the cost of investing in other funds.

	Class A				Class M				Class C				Class I				Class Z
	Sell All Shares		Hold Shares		Sell All Shares		Hold Shares		Sell All Shares		Hold Shares		Sell All Shares		Hold Shares		Sell All Shares		Hold Shares
1 year	$	672	$	672	$	475	$	475	$	279	$	179	$	76	$	76	$	63	$	63
3 years	$	878	$	878	$	739	$	739	$	554	$	554	$	237	$	237	$	199	$	199
5 years	$	1,101	$	1,101	$	1,023	$	1,023	$	954	$	954	$	411	$	411	$	346	$	346
10 years	$	1,740	$	1,740	$	1,830	$	1,830	$	1,875	$	1,875	$	918	$	918	$	774	$	774

Portfolio Turnover

Principal Investment Strategies

Normally investing primarily in common stocks.
Normally investing at least 80% of assets in securities of companies principally engaged in the energy field including the conventional areas of oil, gas, electricity and coal, and newer sources of energy such as nuclear, geothermal, oil shale, and solar power.
Investing in domestic and foreign issuers.
Using fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments.

Principal Investment Risks

Stock Market Volatility.

Foreign Exposure.

Energy Industry Concentration.

The energy industries can be significantly affected by fluctuations in energy prices and supply and demand of energy fuels, energy conservation, the success of exploration projects, and tax and other government regulations.

Issuer-Specific Changes.

The value of an individual security or particular type of security can be more volatile than, and can perform differently from, the market as a whole.

The value of securities of smaller issuers can be more volatile than that of larger issuers.

Performance

The following information is intended to help you understand the risks of investing in the fund.

Visit institutional.fidelity.com for more recent performance information.

Year-by-Year Returns

The returns in the bar chart do not reflect any applicable sales charges; if sales charges were reflected, returns would be lower than those shown.

	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022
	23.84%	-12.76%	-20.65%	32.90%	-2.86%	-25.11%	9.75%	-32.73%	54.53%	61.92%

During the periods shown in the chart for Class A:	Returns	Quarter ended
Highest Quarter Return	39.91%	March 31, 2022
Lowest Quarter Return	-52.28%	March 31, 2020
Year-to-Date Return	-4.73%	June 30, 2023

Average Annual Returns

For the periods ended December 31, 2022	Past 1 year	Past 5 years	Past 10 years
Class A - Return Before Taxes	52.61%	5.45%	3.74%
Return After Taxes on Distributions	51.84%	4.96%	3.16%
- Return After Taxes on Distributions and Sale of Fund Shares	31.66%	4.10%	2.79%
Class M - Return Before Taxes	55.84%	5.68%	3.72%
Class C - Return Before Taxes	59.76%	5.94%	3.75%
Class I - Return Before Taxes	62.41%	7.04%	4.66%
Class Z - Return Before Taxes	62.58%	6.41%A	-
S&P 500® Index (reflects no deduction for fees, expenses, or taxes)	-18.11%	9.42%	12.56%
MSCI U.S. IMI Energy 25-50 Index (reflects no deduction for fees, expenses, or taxes)	63.13%	8.42%	5.16%

AFrom October 2, 2018.

Investment Adviser

Fidelity Management & Research Company LLC (FMR) (the Adviser) is the fund's manager. Other investment advisers serve as sub-advisers for the fund.

Portfolio Manager(s)

Maurice Fitzmaurice (Portfolio Manager) has managed the fund since 2020.

Purchase and Sale of Shares

You may buy or sell shares through a retirement account or through an investment professional.

You may buy or sell shares in various ways:

Internet

institutional.fidelity.com

Phone

To reach a Fidelity representative 1-877-208-0098

Mail

Fidelity Investments

P.O. Box 770002

Cincinnati, OH 45277-0081

Overnight Express:

Fidelity Investments

100 Crosby Parkway

Covington, KY 41015

Class I and Class Z eligibility requirements are listed in the "Additional Information about the Purchase and Sale of Shares" section of the prospectus.

The price to buy one share of Class C, Class I, or Class Z is its NAV.

Shares will be bought at the offering price or NAV, as applicable, next calculated after an order is received in proper form.

The price to sell one share of Class A, Class M, or Class C is its NAV, minus any applicable contingent deferred sales charge (CDSC).

The price to sell one share of Class I or Class Z is its NAV.

Shares will be sold at the NAV next calculated after an order is received in proper form, minus any applicable CDSC.

The fund is open for business each day the New York Stock Exchange (NYSE) is open.

There is no purchase minimum for fund shares.

Tax Information

Payments to Broker-Dealers and Other Financial Intermediaries

Fund Summary

Fund/Class:

Fidelity Advisor® Financials Fund

/A, M, C, I, Z

Investment Objective

Fidelity Advisor® Financials Fund seeks capital appreciation.

Fee Table

Shareholder fees

(fees paid directly from your investment)

	Class A	Class M	Class C	Class I	Class Z
Maximum sales charge (load) on purchases (as a % of offering price)	5.75%	3.50%	None	None	None
Maximum contingent deferred sales charge (as a % of the lesser of original purchase price or redemption proceeds)	NoneA	NoneA	1.00%B	None	None

BOn Class C shares redeemed less than one year after purchase.

Annual Operating Expenses

(expenses that you pay each year as a % of the value of your investment)

	Class A	Class M	Class C	Class I	Class Z
Management fee	0.53%	0.53%	0.53%	0.53%	0.53%
Distribution and/or Service (12b-1) fees	0.25%	0.50%	1.00%	None	None
Other expenses	0.27%	0.26%	0.26%	0.24%	0.11%
Total annual operating expenses	1.05%	1.29%	1.79%	0.77%	0.64%

This example helps compare the cost of investing in the fund with the cost of investing in other funds.

	Class A				Class M				Class C				Class I				Class Z
	Sell All Shares		Hold Shares		Sell All Shares		Hold Shares		Sell All Shares		Hold Shares		Sell All Shares		Hold Shares		Sell All Shares		Hold Shares
1 year	$	676	$	676	$	477	$	477	$	282	$	182	$	79	$	79	$	65	$	65
3 years	$	890	$	890	$	745	$	745	$	563	$	563	$	246	$	246	$	205	$	205
5 years	$	1,121	$	1,121	$	1,033	$	1,033	$	970	$	970	$	428	$	428	$	357	$	357
10 years	$	1,784	$	1,784	$	1,852	$	1,852	$	1,911	$	1,911	$	954	$	954	$	798	$	798

Portfolio Turnover

Principal Investment Strategies

Normally investing primarily in common stocks.
Normally investing at least 80% of assets in securities of companies principally engaged in providing financial services to consumers and industry.
Investing in domestic and foreign issuers.
Using fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments.

Principal Investment Risks

Stock Market Volatility.

Foreign Exposure.

Financials Industry Concentration.

The financials industries are subject to extensive government regulation, can be subject to relatively rapid change due to increasingly blurred distinctions between service segments, and can be significantly affected by availability and cost of capital funds, changes in interest rates, the rate of corporate and consumer debt defaults, and price competition.

Issuer-Specific Changes.

The value of an individual security or particular type of security can be more volatile than, and can perform differently from, the market as a whole.

The value of securities of smaller issuers can be more volatile than that of larger issuers.

Performance

The following information is intended to help you understand the risks of investing in the fund.

Visit institutional.fidelity.com for more recent performance information.

Year-by-Year Returns

The returns in the bar chart do not reflect any applicable sales charges; if sales charges were reflected, returns would be lower than those shown.

	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022
	33.39%	10.64%	-4.06%	18.34%	20.54%	-16.03%	33.76%	-0.23%	33.01%	-8.89%

During the periods shown in the chart for Class A:	Returns	Quarter ended
Highest Quarter Return	30.61%	December 31, 2020
Lowest Quarter Return	-35.63%	March 31, 2020
Year-to-Date Return	-3.25%	June 30, 2023

Average Annual Returns

For the periods ended December 31, 2022	Past 1 year	Past 5 years	Past 10 years
Class A - Return Before Taxes	-14.13%	5.06%	9.97%
Return After Taxes on Distributions	-15.30%	4.20%	9.45%
- Return After Taxes on Distributions and Sale of Fund Shares	-7.56%	3.87%	8.17%
Class M - Return Before Taxes	-12.29%	5.29%	9.93%
Class C - Return Before Taxes	-10.45%	5.51%	9.96%
Class I - Return Before Taxes	-8.66%	6.61%	10.94%
Class Z - Return Before Taxes	-8.53%	8.52%A	-
S&P 500® Index (reflects no deduction for fees, expenses, or taxes)	-18.11%	9.42%	12.56%
MSCI U.S. IMI Financials 5% Capped Linked Index (reflects no deduction for fees, expenses, or taxes)	-11.18%	6.17%	11.70%

AFrom October 2, 2018.

Investment Adviser

Fidelity Management & Research Company LLC (FMR) (the Adviser) is the fund's manager. Other investment advisers serve as sub-advisers for the fund.

Portfolio Manager(s)

Matthew Reed (Portfolio Manager) has managed the fund since 2019.

Purchase and Sale of Shares

You may buy or sell shares through a retirement account or through an investment professional.

You may buy or sell shares in various ways:

Internet

institutional.fidelity.com

Phone

To reach a Fidelity representative 1-877-208-0098

Mail

Fidelity Investments

P.O. Box 770002

Cincinnati, OH 45277-0081

Overnight Express:

Fidelity Investments

100 Crosby Parkway

Covington, KY 41015

Class I and Class Z eligibility requirements are listed in the "Additional Information about the Purchase and Sale of Shares" section of the prospectus.

The price to buy one share of Class C, Class I, or Class Z is its NAV.

Shares will be bought at the offering price or NAV, as applicable, next calculated after an order is received in proper form.

The price to sell one share of Class A, Class M, or Class C is its NAV, minus any applicable contingent deferred sales charge (CDSC).

The price to sell one share of Class I or Class Z is its NAV.

Shares will be sold at the NAV next calculated after an order is received in proper form, minus any applicable CDSC.

The fund is open for business each day the New York Stock Exchange (NYSE) is open.

There is no purchase minimum for fund shares.

Tax Information

Payments to Broker-Dealers and Other Financial Intermediaries

Fund Summary

Fund/Class:

Fidelity Advisor® Health Care Fund

/A, M, C, I, Z

Investment Objective

Fidelity Advisor® Health Care Fund seeks capital appreciation.

Fee Table

Shareholder fees

(fees paid directly from your investment)

	Class A	Class M	Class C	Class I	Class Z
Maximum sales charge (load) on purchases (as a % of offering price)	5.75%	3.50%	None	None	None
Maximum contingent deferred sales charge (as a % of the lesser of original purchase price or redemption proceeds)	NoneA	NoneA	1.00%B	None	None

BOn Class C shares redeemed less than one year after purchase.

Annual Operating Expenses

(expenses that you pay each year as a % of the value of your investment)

	Class A	Class M	Class C	Class I	Class Z
Management fee	0.53%	0.53%	0.53%	0.53%	0.53%
Distribution and/or Service (12b-1) fees	0.25%	0.50%	1.00%	None	None
Other expenses	0.20%	0.20%	0.20%	0.19%	0.06%
Total annual operating expenses	0.98%	1.23%	1.73%	0.72%	0.59%

This example helps compare the cost of investing in the fund with the cost of investing in other funds.

	Class A				Class M				Class C				Class I				Class Z
	Sell All Shares		Hold Shares		Sell All Shares		Hold Shares		Sell All Shares		Hold Shares		Sell All Shares		Hold Shares		Sell All Shares		Hold Shares
1 year	$	669	$	669	$	471	$	471	$	276	$	176	$	74	$	74	$	60	$	60
3 years	$	869	$	869	$	727	$	727	$	545	$	545	$	230	$	230	$	189	$	189
5 years	$	1,086	$	1,086	$	1,002	$	1,002	$	939	$	939	$	401	$	401	$	329	$	329
10 years	$	1,707	$	1,707	$	1,787	$	1,787	$	1,842	$	1,842	$	894	$	894	$	738	$	738

Portfolio Turnover

Principal Investment Strategies

Normally investing primarily in common stocks.
Normally investing at least 80% of assets in securities of companies principally engaged in the design, manufacture, or sale of products or services used for or in connection with health care or medicine.
Investing in domestic and foreign issuers.
Using fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments.

Principal Investment Risks

Stock Market Volatility.

Foreign Exposure.

Health Care Industry Concentration.

The health care industries are subject to government regulation and reimbursement rates, as well as government approval of products and services, which could have a significant effect on price and availability, and can be significantly affected by product liability claims, rapid obsolescence, and patent expirations.

Issuer-Specific Changes.

The value of an individual security or particular type of security can be more volatile than, and can perform differently from, the market as a whole.

The value of securities of smaller issuers can be more volatile than that of larger issuers.

Performance

The following information is intended to help you understand the risks of investing in the fund.

Visit institutional.fidelity.com for more recent performance information.

Year-by-Year Returns

The returns in the bar chart do not reflect any applicable sales charges; if sales charges were reflected, returns would be lower than those shown.

	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022
	55.70%	32.23%	5.95%	-10.33%	24.09%	7.34%	27.89%	21.08%	11.19%	-13.07%

During the periods shown in the chart for Class A:	Returns	Quarter ended
Highest Quarter Return	21.25%	December 31, 2019
Lowest Quarter Return	-15.00%	December 31, 2018
Year-to-Date Return	2.99%	June 30, 2023

Average Annual Returns

For the periods ended December 31, 2022	Past 1 year	Past 5 years	Past 10 years
Class A - Return Before Taxes	-18.07%	8.65%	13.90%
Return After Taxes on Distributions	-18.07%	7.78%	12.51%
- Return After Taxes on Distributions and Sale of Fund Shares	-10.70%	6.80%	11.19%
Class M - Return Before Taxes	-16.33%	8.89%	13.87%
Class C - Return Before Taxes	-14.58%	9.13%	13.89%
Class I - Return Before Taxes	-12.84%	10.24%	14.88%
Class Z - Return Before Taxes	-12.74%	6.51%A	-
S&P 500® Index (reflects no deduction for fees, expenses, or taxes)	-18.11%	9.42%	12.56%
MSCI U.S. IMI Health Care 25-50 Index (reflects no deduction for fees, expenses, or taxes)	-5.43%	11.70%	14.84%

AFrom October 2, 2018.

Investment Adviser

Fidelity Management & Research Company LLC (FMR) (the Adviser) is the fund's manager. Other investment advisers serve as sub-advisers for the fund.

Portfolio Manager(s)

Eddie Yoon (Portfolio Manager) has managed the fund since 2008.

Purchase and Sale of Shares

You may buy or sell shares through a retirement account or through an investment professional.

You may buy or sell shares in various ways:

Internet

institutional.fidelity.com

Phone

To reach a Fidelity representative 1-877-208-0098

Mail

Fidelity Investments

P.O. Box 770002

Cincinnati, OH 45277-0081

Overnight Express:

Fidelity Investments

100 Crosby Parkway

Covington, KY 41015

Class I and Class Z eligibility requirements are listed in the "Additional Information about the Purchase and Sale of Shares" section of the prospectus.

The price to buy one share of Class C, Class I, or Class Z is its NAV.

Shares will be bought at the offering price or NAV, as applicable, next calculated after an order is received in proper form.

The price to sell one share of Class A, Class M, or Class C is its NAV, minus any applicable contingent deferred sales charge (CDSC).

The price to sell one share of Class I or Class Z is its NAV.

Shares will be sold at the NAV next calculated after an order is received in proper form, minus any applicable CDSC.

The fund is open for business each day the New York Stock Exchange (NYSE) is open.

There is no purchase minimum for fund shares.

Tax Information

Payments to Broker-Dealers and Other Financial Intermediaries

Fund Summary

Fund/Class:

Fidelity Advisor® Industrials Fund

/A, M, C, I, Z

Investment Objective

Fidelity Advisor® Industrials Fund seeks capital appreciation.

Fee Table

Shareholder fees

(fees paid directly from your investment)

	Class A	Class M	Class C	Class I	Class Z
Maximum sales charge (load) on purchases (as a % of offering price)	5.75%	3.50%	None	None	None
Maximum contingent deferred sales charge (as a % of the lesser of original purchase price or redemption proceeds)	NoneA	NoneA	1.00%B	None	None

BOn Class C shares redeemed less than one year after purchase.

Annual Operating Expenses

(expenses that you pay each year as a % of the value of your investment)

	Class A	Class M	Class C	Class I	Class Z
Management fee	0.53%	0.53%	0.53%	0.53%	0.53%
Distribution and/or Service (12b-1) fees	0.25%	0.50%	1.00%	None	None
Other expenses	0.25%	0.26%	0.26%	0.23%	0.11%
Total annual operating expenses	1.03%	1.29%	1.79%	0.76%	0.64%

This example helps compare the cost of investing in the fund with the cost of investing in other funds.

	Class A				Class M				Class C				Class I				Class Z
	Sell All Shares		Hold Shares		Sell All Shares		Hold Shares		Sell All Shares		Hold Shares		Sell All Shares		Hold Shares		Sell All Shares		Hold Shares
1 year	$	674	$	674	$	477	$	477	$	282	$	182	$	78	$	78	$	65	$	65
3 years	$	884	$	884	$	745	$	745	$	563	$	563	$	243	$	243	$	205	$	205
5 years	$	1,111	$	1,111	$	1,033	$	1,033	$	970	$	970	$	422	$	422	$	357	$	357
10 years	$	1,762	$	1,762	$	1,852	$	1,852	$	1,905	$	1,905	$	942	$	942	$	798	$	798

Portfolio Turnover

Principal Investment Strategies

Normally investing primarily in common stocks.
Normally investing at least 80% of assets in securities of companies principally engaged in the research, development, manufacture, distribution, supply, or sale of industrial products, services, or equipment.
Investing in domestic and foreign issuers.
Using fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments.

Principal Investment Risks

Stock Market Volatility.

Foreign Exposure.

Industrials Industry Concentration.

Industrial industries can be significantly affected by general economic trends, changes in consumer sentiment and spending, commodity prices, legislation, government regulation and spending, import controls, worldwide competition, and liability for environmental damage, depletion of resources, and mandated expenditures for safety and pollution control.

Issuer-Specific Changes.

The value of an individual security or particular type of security can be more volatile than, and can perform differently from, the market as a whole.

The value of securities of smaller issuers can be more volatile than that of larger issuers.

High Portfolio Turnover.

High portfolio turnover (more than 100%) may result in increased transaction costs and potentially higher capital gains or losses. The effects of higher than normal portfolio turnover may adversely affect the fund's performance.

Performance

The following information is intended to help you understand the risks of investing in the fund.

Visit institutional.fidelity.com for more recent performance information.

Year-by-Year Returns

The returns in the bar chart do not reflect any applicable sales charges; if sales charges were reflected, returns would be lower than those shown.

	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022
	39.41%	5.88%	-2.19%	15.48%	19.56%	-15.58%	27.75%	11.17%	16.60%	-10.62%

During the periods shown in the chart for Class A:	Returns	Quarter ended
Highest Quarter Return	19.81%	June 30, 2020
Lowest Quarter Return	-28.79%	March 31, 2020
Year-to-Date Return	10.95%	June 30, 2023

Average Annual Returns

For the periods ended December 31, 2022	Past 1 year	Past 5 years	Past 10 years
Class A - Return Before Taxes	-15.76%	3.33%	8.91%
Return After Taxes on Distributions	-16.44%	1.24%	7.04%
- Return After Taxes on Distributions and Sale of Fund Shares	-8.86%	2.36%	6.93%
Class M - Return Before Taxes	-13.97%	3.54%	8.88%
Class C - Return Before Taxes	-12.15%	3.77%	8.89%
Class I - Return Before Taxes	-10.39%	4.84%	9.85%
Class Z - Return Before Taxes	-10.27%	4.32%A	-
S&P 500® Index (reflects no deduction for fees, expenses, or taxes)	-18.11%	9.42%	12.56%
MSCI U.S. IMI Industrials 25-50 Index (reflects no deduction for fees, expenses, or taxes)	-8.42%	6.91%	11.78%

AFrom October 2, 2018.

Investment Adviser

Fidelity Management & Research Company LLC (FMR) (the Adviser) is the fund's manager. Other investment advisers serve as sub-advisers for the fund.

Portfolio Manager(s)

David Wagner (Portfolio Manager) has managed the fund since 2023.

Purchase and Sale of Shares

You may buy or sell shares through a retirement account or through an investment professional.

You may buy or sell shares in various ways:

Internet

institutional.fidelity.com

Phone

To reach a Fidelity representative 1-877-208-0098

Mail

Fidelity Investments

P.O. Box 770002

Cincinnati, OH 45277-0081

Overnight Express:

Fidelity Investments

100 Crosby Parkway

Covington, KY 41015

Class I and Class Z eligibility requirements are listed in the "Additional Information about the Purchase and Sale of Shares" section of the prospectus.

The price to buy one share of Class C, Class I, or Class Z is its NAV.

Shares will be bought at the offering price or NAV, as applicable, next calculated after an order is received in proper form.

The price to sell one share of Class A, Class M, or Class C is its NAV, minus any applicable contingent deferred sales charge (CDSC).

The price to sell one share of Class I or Class Z is its NAV.

Shares will be sold at the NAV next calculated after an order is received in proper form, minus any applicable CDSC.

The fund is open for business each day the New York Stock Exchange (NYSE) is open.

There is no purchase minimum for fund shares.

Tax Information

Payments to Broker-Dealers and Other Financial Intermediaries

Fund Summary

Fund/Class:

Fidelity Advisor® Semiconductors Fund

/A, M, C, I, Z

Investment Objective

Fidelity Advisor® Semiconductors Fund seeks capital appreciation.

Fee Table

Shareholder fees

(fees paid directly from your investment)

	Class A	Class M	Class C	Class I	Class Z
Maximum sales charge (load) on purchases (as a % of offering price)	5.75%	3.50%	None	None	None
Maximum contingent deferred sales charge (as a % of the lesser of original purchase price or redemption proceeds)	NoneA	NoneA	1.00%B	None	None

BOn Class C shares redeemed less than one year after purchase.

Annual Operating Expenses

(expenses that you pay each year as a % of the value of your investment)

	Class A	Class M	Class C	Class I	Class Z
Management fee	0.53%	0.53%	0.53%	0.53%	0.53%
Distribution and/or Service (12b-1) fees	0.25%	0.50%	1.00%	None	None
Other expenses	0.23%	0.22%	0.23%	0.21%	0.09%
Total annual operating expenses	1.01%	1.25%	1.76%	0.74%	0.62%

This example helps compare the cost of investing in the fund with the cost of investing in other funds.

	Class A				Class M				Class C				Class I				Class Z
	Sell All Shares		Hold Shares		Sell All Shares		Hold Shares		Sell All Shares		Hold Shares		Sell All Shares		Hold Shares		Sell All Shares		Hold Shares
1 year	$	672	$	672	$	473	$	473	$	279	$	179	$	76	$	76	$	63	$	63
3 years	$	878	$	878	$	733	$	733	$	554	$	554	$	237	$	237	$	199	$	199
5 years	$	1,101	$	1,101	$	1,012	$	1,012	$	954	$	954	$	411	$	411	$	346	$	346
10 years	$	1,740	$	1,740	$	1,808	$	1,808	$	1,875	$	1,875	$	918	$	918	$	774	$	774

Portfolio Turnover

Principal Investment Strategies

Normally investing primarily in common stocks.
Normally investing at least 80% of assets in securities of companies principally engaged in the design, manufacture, or sale of semiconductors and semiconductor equipment.
Investing in domestic and foreign issuers.
Using fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments.

Principal Investment Risks

Stock Market Volatility.

Foreign Exposure.

Electronics Industry Concentration.

The electronics industry can be significantly affected by rapid obsolescence, intense competition, and global demand.

Issuer-Specific Changes.

The value of an individual security or particular type of security can be more volatile than, and can perform differently from, the market as a whole.

The value of securities of smaller issuers can be more volatile than that of larger issuers.

Performance

The following information is intended to help you understand the risks of investing in the fund.

Visit institutional.fidelity.com for more recent performance information.

Year-by-Year Returns

The returns in the bar chart do not reflect any applicable sales charges; if sales charges were reflected, returns would be lower than those shown.

	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022
	38.04%	37.15%	2.34%	32.42%	34.24%	-12.49%	63.75%	43.62%	57.52%	-35.05%

During the periods shown in the chart for Class A:	Returns	Quarter ended
Highest Quarter Return	30.57%	June 30, 2020
Lowest Quarter Return	-28.90%	June 30, 2022
Year-to-Date Return	63.24%	June 30, 2023

Average Annual Returns

For the periods ended December 31, 2022	Past 1 year	Past 5 years	Past 10 years
Class A - Return Before Taxes	-38.78%	14.69%	21.19%
Return After Taxes on Distributions	-39.20%	12.84%	19.39%
- Return After Taxes on Distributions and Sale of Fund Shares	-22.60%	11.24%	17.53%
Class M - Return Before Taxes	-37.48%	14.91%	21.11%
Class C - Return Before Taxes	-36.15%	15.18%	21.17%
Class I - Return Before Taxes	-34.86%	16.38%	22.25%
Class Z - Return Before Taxes	-34.79%	18.00%A	-
S&P 500® Index (reflects no deduction for fees, expenses, or taxes)	-18.11%	9.42%	12.56%
MSCI U.S. IMI Semiconductors & Semiconductor Equipment 25-50 Index (reflects no deduction for fees, expenses, or taxes)	-34.63%	15.79%	21.19%

AFrom October 2, 2018.

Investment Adviser

Fidelity Management & Research Company LLC (FMR) (the Adviser) is the fund's manager. Other investment advisers serve as sub-advisers for the fund.

Portfolio Manager(s)

Adam Benjamin (Portfolio Manager) has managed the fund since 2020.

Purchase and Sale of Shares

You may buy or sell shares through a retirement account or through an investment professional.

You may buy or sell shares in various ways:

Internet

institutional.fidelity.com

Phone

To reach a Fidelity representative 1-877-208-0098

Mail

Fidelity Investments

P.O. Box 770002

Cincinnati, OH 45277-0081

Overnight Express:

Fidelity Investments

100 Crosby Parkway

Covington, KY 41015

Class I and Class Z eligibility requirements are listed in the "Additional Information about the Purchase and Sale of Shares" section of the prospectus.

The price to buy one share of Class C, Class I, or Class Z is its NAV.

Shares will be bought at the offering price or NAV, as applicable, next calculated after an order is received in proper form.

The price to sell one share of Class A, Class M, or Class C is its NAV, minus any applicable contingent deferred sales charge (CDSC).

The price to sell one share of Class I or Class Z is its NAV.

Shares will be sold at the NAV next calculated after an order is received in proper form, minus any applicable CDSC.

The fund is open for business each day the New York Stock Exchange (NYSE) is open.

There is no purchase minimum for fund shares.

Tax Information

Payments to Broker-Dealers and Other Financial Intermediaries

Fund Summary

Fund/Class:

Fidelity Advisor® Technology Fund

/A, M, C, I, Z

Investment Objective

Fidelity Advisor® Technology Fund seeks capital appreciation.

Fee Table

Shareholder fees

(fees paid directly from your investment)

	Class A	Class M	Class C	Class I	Class Z
Maximum sales charge (load) on purchases (as a % of offering price)	5.75%	3.50%	None	None	None
Maximum contingent deferred sales charge (as a % of the lesser of original purchase price or redemption proceeds)	NoneA	NoneA	1.00%B	None	None

BOn Class C shares redeemed less than one year after purchase.

Annual Operating Expenses

(expenses that you pay each year as a % of the value of your investment)

	Class A	Class M	Class C	Class I	Class Z
Management fee	0.53%	0.53%	0.53%	0.53%	0.53%
Distribution and/or Service (12b-1) fees	0.25%	0.50%	1.00%	None	None
Other expenses	0.20%	0.19%	0.22%	0.19%	0.07%
Total annual operating expenses	0.98%	1.22%	1.75%	0.72%	0.60%

This example helps compare the cost of investing in the fund with the cost of investing in other funds.

	Class A				Class M				Class C				Class I				Class Z
	Sell All Shares		Hold Shares		Sell All Shares		Hold Shares		Sell All Shares		Hold Shares		Sell All Shares		Hold Shares		Sell All Shares		Hold Shares
1 year	$	669	$	669	$	470	$	470	$	278	$	178	$	74	$	74	$	61	$	61
3 years	$	869	$	869	$	724	$	724	$	551	$	551	$	230	$	230	$	192	$	192
5 years	$	1,086	$	1,086	$	997	$	997	$	949	$	949	$	401	$	401	$	335	$	335
10 years	$	1,707	$	1,707	$	1,776	$	1,776	$	1,859	$	1,859	$	894	$	894	$	750	$	750

Portfolio Turnover

Principal Investment Strategies

Normally investing primarily in common stocks.
Normally investing at least 80% of assets in securities of companies principally engaged in offering, using, or developing products, processes, or services that will provide or will benefit significantly from technological advances and improvements.
Investing in domestic and foreign issuers.
Using fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments.

Principal Investment Risks

Stock Market Volatility.

Foreign Exposure.

Foreign markets, particularly emerging markets, can be more volatile than the U.S. market due to increased risks of adverse issuer, political, regulatory, market, or economic developments and can perform differently from the U.S. market.

Technology Industry Concentration.

The technology industries can be significantly affected by obsolescence of existing technology, short product cycles, falling prices and profits, competition from new market entrants, and general economic conditions.

Issuer-Specific Changes.

The value of an individual security or particular type of security can be more volatile than, and can perform differently from, the market as a whole.

The value of securities of smaller issuers can be more volatile than that of larger issuers.

Performance

The following information is intended to help you understand the risks of investing in the fund.

Visit institutional.fidelity.com for more recent performance information.

Year-by-Year Returns

The returns in the bar chart do not reflect any applicable sales charges; if sales charges were reflected, returns would be lower than those shown.

	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022
	31.03%	10.44%	7.02%	11.80%	49.36%	-7.79%	50.55%	63.90%	27.25%	-36.16%

During the periods shown in the chart for Class A:	Returns	Quarter ended
Highest Quarter Return	36.16%	June 30, 2020
Lowest Quarter Return	-25.44%	June 30, 2022
Year-to-Date Return	46.77%	June 30, 2023

Average Annual Returns

For the periods ended December 31, 2022	Past 1 year	Past 5 years	Past 10 years
Class A - Return Before Taxes	-39.83%	11.74%	16.24%
Return After Taxes on Distributions	-40.30%	9.09%	13.98%
- Return After Taxes on Distributions and Sale of Fund Shares	-23.18%	8.93%	13.02%
Class M - Return Before Taxes	-38.55%	11.99%	16.23%
Class C - Return Before Taxes	-37.26%	12.21%	16.24%
Class I - Return Before Taxes	-35.99%	13.37%	17.27%
Class Z - Return Before Taxes	-35.91%	11.58%A	-
S&P 500® Index (reflects no deduction for fees, expenses, or taxes)	-18.11%	9.42%	12.56%
MSCI U.S. IMI Information Technology 25-50 Index (reflects no deduction for fees, expenses, or taxes)	-29.58%	14.84%	17.65%

AFrom October 2, 2018.

Investment Adviser

Fidelity Management & Research Company LLC (FMR) (the Adviser) is the fund's manager. Other investment advisers serve as sub-advisers for the fund.

Portfolio Manager(s)

Adam Benjamin (Portfolio Manager) has managed the fund since 2020.

Purchase and Sale of Shares

You may buy or sell shares through a retirement account or through an investment professional.

You may buy or sell shares in various ways:

Internet

institutional.fidelity.com

Phone

To reach a Fidelity representative 1-877-208-0098

Mail

Fidelity Investments

P.O. Box 770002

Cincinnati, OH 45277-0081

Overnight Express:

Fidelity Investments

100 Crosby Parkway

Covington, KY 41015

Class I and Class Z eligibility requirements are listed in the "Additional Information about the Purchase and Sale of Shares" section of the prospectus.

The price to buy one share of Class C, Class I, or Class Z is its NAV.

Shares will be bought at the offering price or NAV, as applicable, next calculated after an order is received in proper form.

The price to sell one share of Class A, Class M, or Class C is its NAV, minus any applicable contingent deferred sales charge (CDSC).

The price to sell one share of Class I or Class Z is its NAV.

Shares will be sold at the NAV next calculated after an order is received in proper form, minus any applicable CDSC.

The fund is open for business each day the New York Stock Exchange (NYSE) is open.

There is no purchase minimum for fund shares.

Tax Information

Payments to Broker-Dealers and Other Financial Intermediaries

Fund Summary

Fund/Class:

Fidelity Advisor® Utilities Fund

/A, M, C, I, Z

Investment Objective

Fidelity Advisor® Utilities Fund seeks capital appreciation.

Fee Table

Shareholder fees

(fees paid directly from your investment)

	Class A	Class M	Class C	Class I	Class Z
Maximum sales charge (load) on purchases (as a % of offering price)	5.75%	3.50%	None	None	None
Maximum contingent deferred sales charge (as a % of the lesser of original purchase price or redemption proceeds)	NoneA	NoneA	1.00%B	None	None

BOn Class C shares redeemed less than one year after purchase.

Annual Operating Expenses

(expenses that you pay each year as a % of the value of your investment)

	Class A	Class M	Class C	Class I	Class Z
Management fee	0.53%	0.53%	0.53%	0.53%	0.53%
Distribution and/or Service (12b-1) fees	0.25%	0.50%	1.00%	None	None
Other expenses	0.23%	0.25%	0.24%	0.22%	0.09%
Total annual operating expenses	1.01%	1.28%	1.77%	0.75%	0.62%

This example helps compare the cost of investing in the fund with the cost of investing in other funds.

	Class A				Class M				Class C				Class I				Class Z
	Sell All Shares		Hold Shares		Sell All Shares		Hold Shares		Sell All Shares		Hold Shares		Sell All Shares		Hold Shares		Sell All Shares		Hold Shares
1 year	$	672	$	672	$	476	$	476	$	280	$	180	$	77	$	77	$	63	$	63
3 years	$	878	$	878	$	742	$	742	$	557	$	557	$	240	$	240	$	199	$	199
5 years	$	1,101	$	1,101	$	1,028	$	1,028	$	959	$	959	$	417	$	417	$	346	$	346
10 years	$	1,740	$	1,740	$	1,841	$	1,841	$	1,883	$	1,883	$	930	$	930	$	774	$	774

Portfolio Turnover

Principal Investment Strategies

Normally investing primarily in common stocks.
Normally investing at least 80% of assets in securities of companies principally engaged in the utilities industry and companies deriving a majority of their revenues from their utility operations.
Investing in domestic and foreign issuers.
Using fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments.

Principal Investment Risks

Stock Market Volatility.

Foreign Exposure.

Utilities Industry Concentration.

The utilities industries can be significantly affected by government regulation, interest rate changes, financing difficulties, supply and demand of services or fuel, intense competition, natural resource conservation, and commodity price fluctuations.

Issuer-Specific Changes.

The value of an individual security or particular type of security can be more volatile than, and can perform differently from, the market as a whole.

The value of securities of smaller issuers can be more volatile than that of larger issuers.

Performance

The following information is intended to help you understand the risks of investing in the fund.

Visit institutional.fidelity.com for more recent performance information.

Year-by-Year Returns

The returns in the bar chart do not reflect any applicable sales charges; if sales charges were reflected, returns would be lower than those shown.

	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022
	20.07%	21.23%	-10.97%	13.53%	17.31%	8.34%	22.02%	-0.51%	17.33%	4.90%

During the periods shown in the chart for Class A:	Returns	Quarter ended
Highest Quarter Return	14.14%	March 31, 2013
Lowest Quarter Return	-18.27%	March 31, 2020
Year-to-Date Return	-3.17%	June 30, 2023

Average Annual Returns

For the periods ended December 31, 2022	Past 1 year	Past 5 years	Past 10 years
Class A - Return Before Taxes	-1.13%	8.82%	10.17%
Return After Taxes on Distributions	-2.17%	7.72%	9.12%
- Return After Taxes on Distributions and Sale of Fund Shares	0.05%	6.79%	8.11%
Class M - Return Before Taxes	0.94%	9.02%	10.11%
Class C - Return Before Taxes	3.11%	9.28%	10.15%
Class I - Return Before Taxes	5.16%	10.41%	11.13%
Class Z - Return Before Taxes	5.29%	9.56%A	-
S&P 500® Index (reflects no deduction for fees, expenses, or taxes)	-18.11%	9.42%	12.56%
MSCI U.S. IMI Utilities 25-50 Index (reflects no deduction for fees, expenses, or taxes)	1.24%	9.06%	11.03%

AFrom October 2, 2018.

Investment Adviser

Fidelity Management & Research Company LLC (FMR) (the Adviser) is the fund's manager. Other investment advisers serve as sub-advisers for the fund.

Portfolio Manager(s)

Douglas Simmons (Portfolio Manager) has managed the fund since 2006.

Purchase and Sale of Shares

You may buy or sell shares through a retirement account or through an investment professional.

You may buy or sell shares in various ways:

Internet

institutional.fidelity.com

Phone

To reach a Fidelity representative 1-877-208-0098

Mail

Fidelity Investments

P.O. Box 770002

Cincinnati, OH 45277-0081

Overnight Express:

Fidelity Investments

100 Crosby Parkway

Covington, KY 41015

Class I and Class Z eligibility requirements are listed in the "Additional Information about the Purchase and Sale of Shares" section of the prospectus.

The price to buy one share of Class C, Class I, or Class Z is its NAV.

Shares will be bought at the offering price or NAV, as applicable, next calculated after an order is received in proper form.

The price to sell one share of Class A, Class M, or Class C is its NAV, minus any applicable contingent deferred sales charge (CDSC).

The price to sell one share of Class I or Class Z is its NAV.

Shares will be sold at the NAV next calculated after an order is received in proper form, minus any applicable CDSC.

The fund is open for business each day the New York Stock Exchange (NYSE) is open.

There is no purchase minimum for fund shares.

Tax Information

Payments to Broker-Dealers and Other Financial Intermediaries

Fund Basics

Investment Details

Principal Investment Strategies

Fidelity Advisor® Biotechnology Fund

The fund invests primarily in companies engaged in the research, development, manufacture, and distribution of various biotechnological products, services, and processes and companies that benefit significantly from scientific and technological advances in biotechnology. The fund normally invests at least 80% of its assets in securities of companies principally engaged in these activities.

These companies may include, for example, companies engaged in the research, development, manufacturing, or marketing of products based in whole or in part on genetic analysis and genetic engineering.

Fidelity Advisor® Consumer Discretionary Fund

The fund invests primarily in companies engaged in the manufacture and distribution of consumer discretionary products and services. The fund normally invests at least 80% of its assets in securities of companies principally engaged in these activities.

Consumer discretionary products and services are non-essential products and services whose demand tends to increase as consumers' disposable income increases, such as automobiles, apparel, electronics, home furnishings, and travel and leisure products and services.

These companies may include, for example, on-line retailers; department stores and specialty retailers including apparel, electronics, automotive, and home furnishing stores; manufacturers of auto parts and accessories, tire and rubber, autos, motorcycles, and scooters; manufacturers of consumer electronic products, including TVs and DVD players; manufacturers of household appliances and home furnishings; residential construction companies; manufacturers of leisure products; manufacturers of apparel, accessories, footwear, textiles, and luxury goods; gaming facility, hotel, cruise and travel agency owners and operators; restaurants and caterers; and companies providing educational, home security, legal, and personal services.

Fidelity Advisor® Energy Fund

The fund invests primarily in companies in the energy field, including the conventional areas of oil, gas, electricity and coal, and newer sources of energy such as nuclear, geothermal, oil shale and solar power. The fund normally invests at least 80% of its assets in securities of companies principally engaged in these activities.

Energy products and services are those related to the exploration, extraction, production, sale, or distribution of energy resources, including oil, gas, electricity, coal, and nuclear, geothermal, and solar power.

These companies may include, for example, integrated oil companies; drilling contractors and rig owners; drilling rig and equipment manufacturers and providers of supplies and services to companies engaged in oil and gas drilling; companies engaged in the exploration, production, refining, or marketing of oil, gas, and/or refined products; and companies involved in the production and mining of coal, related products, and other consumable fuels.

Fidelity Advisor® Financials Fund

The fund invests primarily in companies that provide financial services to consumers and industry. The fund normally invests at least 80% of its assets in securities of companies principally engaged in these activities.

These companies may include, for example, investment banks; brokerage and asset management firms; companies providing life, health, and/or property and casualty insurance; commercial banks; financial institutions providing mortgages and mortgage-related services, including mortgage real estate investment trusts (REITs); providers of personal loans and other consumer payment and finance services; credit agencies; stock exchanges; investment management firms; institutions providing custody services; and reinsurance companies.

Fidelity Advisor® Health Care Fund

The fund invests primarily in companies engaged in the design, manufacture, or sale of products or services used for or in connection with health care or medicine. The fund normally invests at least 80% of its assets in securities of companies principally engaged in these activities.

These companies may include, for example, companies engaged in the research, development, manufacturing, or marketing of products based on biotechnology research; companies engaged in research, development, or production of pharmaceuticals, including veterinary drugs; manufacturers, distributors, and wholesalers of health care equipment, devices, and supplies including drug delivery systems and eye care products; and owners and operators of health care facilities, HMOs, and other managed plans.

Fidelity Advisor® Industrials Fund

The fund invests primarily in companies engaged in the research, development, manufacture, distribution, supply, or sale of industrial products, services, or equipment. The fund normally invests at least 80% of its assets in securities of companies principally engaged in these activities.

Industrial products, services and equipment, such as capital goods, construction services, machinery, commercial services, and transportation, are generally considered to be sensitive to the business cycle.

These companies may include, for example, manufacturers of civil or military aerospace and defense equipment, building components, and home improvement products and equipment; civil engineering companies and large-scale contractors; companies that produce electrical components or equipment; manufacturers of industrial machinery and industrial components and products; manufacturers of agricultural machinery and equipment; providers of commercial printing services; companies providing business support services and office supplies, providers of commercial data processing and business outsourcing services, environmental and facilities maintenance; companies providing transportation services, including airlines, couriers, marine, road & rail, and transportation infrastructure.

Fidelity Advisor® Semiconductors Fund

The fund invests primarily in companies engaged in the design, manufacture, or sale of semiconductors and semiconductor equipment. The fund normally invests at least 80% of its assets in securities of companies principally engaged in these activities.

These companies may include, for example, manufacturers of semiconductor equipment and related products.

The fund also has a policy of investing primarily in companies engaged in the design, manufacture, or sale of electronic components (semiconductors, connectors, printed circuit boards and other components); equipment vendors to electronic component manufacturers; electronic component distributors; and electronic instruments and electronic systems vendors.

Fidelity Advisor® Technology Fund

The fund invests primarily in companies which have, or will develop, products, processes or services that will provide or will benefit significantly from technological advances and improvements. The fund normally invests at least 80% of its assets in securities of companies principally engaged in these activities.

These companies may include, for example, manufacturers of communications equipment, products, and services, personal computers and other computer hardware components and peripherals; providers of information technology and systems integration services; companies developing and producing database management, home entertainment, educational, specialty, enterprise, and business software; manufacturers of electronic equipment, instruments or components, including copiers and faxes; semiconductor and related equipment manufacturers; and other information technology companies.

Fidelity Advisor® Utilities Fund

The fund invests primarily in companies in the utilities industry and companies deriving a majority of their revenues from their utility operations. The fund normally invests at least 80% of its assets in securities of companies principally engaged in these activities.

These companies may include, for example, companies that produce electricity, including nuclear and non-nuclear facilities; companies that distribute and transmit natural and manufactured gas; water treatment and other utility companies; and other companies that operate as independent power producers, gas and power marketing and trading specialists and/or integrated energy merchants.

The following applies to all funds. See the sections above for information unique to each fund.

Each fund seeks capital appreciation.

The Adviser does not place any emphasis on income when selecting securities, except when it believes that income may have a favorable effect on a security's market value.

The Adviser normally invests each fund's assets primarily in common stocks.

Each fund may invest in domestic and foreign securities. Foreign stocks may make up a majority of some funds' assets at times.

In addition to concentrating on particular industries, each fund may invest a significant percentage of its assets in relatively few companies and may invest up to 25% in a single company. The funds are classified as non-diversified (except for Fidelity Advisor® Financials Fund and Fidelity Advisor® Health Care Fund, which are diversified funds).

In buying and selling securities for a fund, the Adviser relies on fundamental analysis, which involves a bottom-up assessment of a company's potential for success in light of factors including its financial condition, earnings outlook, strategy, management, industry position, and economic and market conditions.

If the Adviser's strategies do not work as intended, the fund may not achieve its objective.

Each of Fidelity Advisor® Energy Fund, Fidelity Advisor® Financials Fund, Fidelity Advisor® Health Care Fund, and Fidelity Advisor® Technology Fund has a policy of investing primarily in companies engaged in specified activities. Those policies cannot be changed without a vote of the affected fund's shareholders. Each fund also has a policy of normally investing at least 80% of its assets in securities of companies principally engaged in specified activities. Those policies can be changed without a vote only upon 60 days' prior notice to shareholders of the affected fund.

Fidelity Advisor® Semiconductors Fund has a policy of investing primarily in companies engaged in the design, manufacture, or sale of electronic components (semiconductors, connectors, printed circuit boards and other components); equipment vendors to electronic component manufacturers; electronic component distributors; and electronic instruments and electronic systems vendors. This policy cannot be changed without a vote of the fund's shareholders.

Fidelity Advisor® Semiconductors Fund has a narrower policy of investing primarily in companies engaged in the design, manufacture, or sale of semiconductors and semiconductor equipment. The policy is a non-fundamental policy that can be changed without a vote of the fund's shareholders. The fund has a policy to invest at least 80% of its assets in securities of companies principally engaged in these activities. The fund's 80% policy can be changed without a vote only upon 60 days' prior notice to shareholders of the fund.

Description of Principal Security Types

Equity securities represent an ownership interest, or the right to acquire an ownership interest, in an issuer. Different types of equity securities provide different voting and dividend rights and priority in the event of the bankruptcy of the issuer. Equity securities include common stocks, preferred stocks, convertible securities, and warrants.

Principal Investment Risks

Many factors affect each fund's performance. Developments that disrupt global economies and financial markets, such as pandemics and epidemics, may magnify factors that affect a fund's performance. A fund's share price changes daily based on changes in market conditions and interest rates and in response to other economic, political, or financial developments. A fund's reaction to these developments will be affected by the types of securities in which the fund invests, the financial condition, industry and economic sector, and geographic location of an issuer, and the fund's level of investment in the securities of that issuer. Because each fund concentrates its investments in a particular industry or group of related industries, the fund's performance could depend heavily on the performance of that industry or group of industries and could be more volatile than the performance of less concentrated funds. In addition, because Fidelity Advisor® Biotechnology Fund, Fidelity Advisor® Consumer Discretionary Fund, Fidelity Advisor® Energy Fund, Fidelity Advisor® Industrials Fund, Fidelity Advisor® Semiconductors Fund, Fidelity Advisor® Technology Fund, and Fidelity Advisor® Utilities Fund may invest a significant percentage of assets in a single issuer, the fund's performance could be closely tied to that one issuer and could be more volatile than the performance of more diversified funds. When you sell your shares they may be worth more or less than what you paid for them, which means that you could lose money by investing in a fund.

The following factors can significantly affect a fund's performance:

Stock Market Volatility. The value of equity securities fluctuates in response to issuer, political, market, and economic developments. Fluctuations, especially in foreign markets, can be dramatic over the short as well as long term, and different parts of the market, including different market sectors, and different types of equity securities can react differently to these developments. For example, stocks of companies in one sector can react differently from those in another, large cap stocks can react differently from small cap stocks, and "growth" stocks can react differently from "value" stocks. Issuer, political, or economic developments can affect a single issuer, issuers within an industry or economic sector or geographic region, or the market as a whole. Changes in the financial condition of a single issuer can impact the market as a whole. Terrorism and related geo-political risks have led, and may in the future lead, to increased short-term market volatility and may have adverse long-term effects on world economies and markets generally.

Foreign Exposure. Foreign securities, foreign currencies, and securities issued by U.S. entities with substantial foreign operations can involve additional risks relating to political, economic, or regulatory conditions in foreign countries. These risks include fluctuations in foreign exchange rates; withholding or other taxes; trading, settlement, custodial, and other operational risks; and the less stringent investor protection and disclosure standards of some foreign markets. All of these factors can make foreign investments, especially those in emerging markets, more volatile and potentially less liquid than U.S. investments. In addition, foreign markets can perform differently from the U.S. market.

Investing in emerging markets can involve risks in addition to and greater than those generally associated with investing in more developed foreign markets. The extent of economic development; political stability; market depth, infrastructure, and capitalization; and regulatory oversight can be less than in more developed markets. Emerging markets typically have less established legal, accounting and financial reporting systems than those in more developed markets, which may reduce the scope or quality of financial information available to investors. Emerging markets economies can be subject to greater social, economic, regulatory, and political uncertainties and can be extremely volatile. All of these factors can make emerging markets securities more volatile and potentially less liquid than securities issued in more developed markets.

Global economies and financial markets are becoming increasingly interconnected, which increases the possibilities that conditions in one country or region might adversely impact issuers or providers in, or foreign exchange rates with, a different country or region.

Industry Concentration. Market conditions, interest rates, and economic, regulatory, or financial developments could significantly affect a single industry or group of related industries, and the securities of companies in that industry or group of industries could react similarly to these or other developments. In addition, from time to time, a small number of companies may represent a large portion of a single industry or group of related industries as a whole, and these companies can be sensitive to adverse economic, regulatory, or financial developments.

The biotechnology industry can be significantly affected by patent considerations, intense competition, rapid technological change and obsolescence, and government regulation. Revenue patterns can be erratic. For example, biotechnology companies can have persistent losses during a new product's development phase.

The consumer discretionary industries can be significantly affected by the performance of the overall economy, interest rates, competition, and consumer confidence. Success can depend heavily on disposable household income and consumer spending. Changes in demographics and consumer tastes can also affect the demand for, and success of, consumer discretionary products.

The energy industries can be significantly affected by fluctuations in energy prices and supply and demand of energy fuels caused by geopolitical events, energy conservation, the success of exploration projects, weather or meteorological events, and tax and other government regulations.

The financials industries are subject to extensive government regulation which can limit both the amounts and types of loans and other financial commitments they can make, and the interest rates and fees they can charge. Profitability can be largely dependent on the availability and cost of capital and the rate of corporate and consumer debt defaults, and can fluctuate significantly when interest rates change. Financial difficulties of borrowers can negatively affect the financial services industries. Insurance companies can be subject to severe price competition. The financial services industries can be subject to relatively rapid change as distinctions between financial service segments become increasingly blurred.

The health care industries are subject to government regulation and reimbursement rates, as well as government approval of products and services, which could have a significant effect on price and availability. Furthermore, the types of products or services produced or provided by health care companies quickly can become obsolete. In addition, pharmaceutical companies and other companies in the health care industries can be significantly affected by patent expirations as well as product liability claims.

The industrials industries can be significantly affected by general economic trends, including employment, economic growth, and interest rates, changes in consumer sentiment and spending, commodity prices, legislation, government regulation and spending, import controls, and worldwide competition. Companies in these industries also can be adversely affected by liability for environmental damage, depletion of resources, and mandated expenditures for safety and pollution control.

The semiconductors industry can be significantly affected by rapid obsolescence, intense competition, and global demand.

The utilities industries can be significantly affected by government regulation, interest rate changes, financing difficulties, supply and demand of services or fuel, changes in taxation, natural resource conservation, intense competition, and commodity price fluctuations.

Issuer-Specific Changes. Changes in the financial condition of an issuer or counterparty, changes in specific economic or political conditions that affect a particular type of security or issuer, and changes in general economic or political conditions can increase the risk of default by an issuer or counterparty, which can affect a security's or instrument's value. The value of securities of smaller, less well-known issuers can be more volatile than that of larger issuers. Smaller issuers can have more limited product lines, markets, or financial resources.

High Portfolio Turnover. A fund may engage in active and frequent trading of its portfolio securities. High portfolio turnover (more than 100%) may result in increased transaction costs to a fund, including brokerage commissions, dealer mark-ups, and other transaction costs on the sale of securities or reinvestment in other securities. The sale of a fund's securities may result in the realization and/or distribution to shareholders of higher capital gains or losses as compared to a fund with less active trading policies. These effects of higher than normal portfolio turnover may adversely affect a fund's performance.

In response to market, economic, political, or other conditions, a fund may temporarily use a different investment strategy for defensive purposes. If the fund does so, different factors could affect its performance and the fund may not achieve its investment objective.

Other Investment Strategies

In addition to the principal investment strategies discussed above, the Adviser may lend a fund's securities to broker-dealers or other institutions to earn income for the fund.

The Adviser may invest Fidelity Advisor® Biotechnology Fund's, Fidelity Advisor® Health Care Fund's, and Fidelity Advisor® Technology Fund's assets in securities of private or newly public companies.

The Adviser may also use various techniques, such as buying and selling futures contracts and exchange traded funds, to increase or decrease a fund's exposure to changing security prices or other factors that affect security values.

Fundamental Investment Policies

The following is fundamental, that is, subject to change only by shareholder approval:

Fidelity Advisor® Energy Fund invests primarily in companies in the energy field, including the conventional areas of oil, gas, electricity and coal, and newer sources of energy such as nuclear, geothermal, oil shale and solar power.

Fidelity Advisor® Financials Fund invests primarily in companies providing financial services to consumers and industry.

Fidelity Advisor® Health Care Fund invests primarily in companies engaged in the design, manufacture, or sale of products or services used for or in connection with health care or medicine.

Fidelity Advisor® Semiconductors Fund invests primarily in companies engaged in the design, manufacture, or sale of electronic components (semiconductors, connectors, printed circuit boards and other components); equipment vendors to electronic component manufacturers; electronic component distributors; and electronic instruments and electronic systems vendors.

Fidelity Advisor® Technology Fund invests primarily in companies which have, or will develop, products, processes or services that will provide or will benefit significantly from technological advances and improvements.

Each of Fidelity Advisor® Biotechnology Fund, Fidelity Advisor® Consumer Discretionary Fund, Fidelity Advisor® Energy Fund, Fidelity Advisor® Financials Fund, Fidelity Advisor® Health Care Fund, Fidelity Advisor® Industrials Fund, Fidelity Advisor® Semiconductors Fund, Fidelity Advisor® Technology Fund, and Fidelity Advisor® Utilities Fund seeks capital appreciation.

Valuing Shares

Each fund is open for business each day the NYSE is open.

The NAV is the value of a single share. Fidelity normally calculates NAV each business day as of the times noted in the table below. Each fund's assets normally are valued as of this time for the purpose of computing NAV. Fidelity calculates NAV separately for each class of shares of a multiple class fund.

Fund	NAV Calculation Times (Eastern Time)
Fidelity Advisor® Biotechnology Fund	4:00 p.m.
Fidelity Advisor® Consumer Discretionary Fund	4:00 p.m.
Fidelity Advisor® Energy Fund	4:00 p.m.
Fidelity Advisor® Financials Fund	4:00 p.m.
Fidelity Advisor® Health Care Fund	4:00 p.m.
Fidelity Advisor® Industrials Fund	4:00 p.m.
Fidelity Advisor® Semiconductors Fund	4:00 p.m.
Fidelity Advisor® Technology Fund	4:00 p.m.
Fidelity Advisor® Utilities Fund	4:00 p.m.

NAV is not calculated and a fund will not process purchase and redemption requests submitted on days when the fund is not open for business. The time at which shares are priced and until which purchase and redemption orders are accepted may be changed as permitted by the Securities and Exchange Commission (SEC).

To the extent that a fund's assets are traded in other markets on days when the fund is not open for business, the value of the fund's assets may be affected on those days. In addition, trading in some of a fund's assets may not occur on days when the fund is open for business.

NAV is calculated using the values of other open-end funds, if any, in which a fund invests (referred to as underlying funds). Shares of underlying funds are valued at their respective NAVs. Other assets are valued primarily on the basis of market quotations, official closing prices, or information furnished by a pricing service. Certain short-term securities are valued on the basis of amortized cost. If market quotations, official closing prices, or information furnished by a pricing service are not readily available or, in the Adviser's opinion, are deemed unreliable for a security, then that security will be fair valued in good faith by the Adviser in accordance with applicable fair value pricing policies. For example, if, in the Adviser's opinion, a security's value has been materially affected by events occurring before a fund's pricing time but after the close of the exchange or market on which the security is principally traded, then that security will be fair valued in good faith by the Adviser in accordance with applicable fair value pricing policies. Fair value pricing will be used for high yield debt securities when available pricing information is determined to be stale or for other reasons not to accurately reflect fair value.

Arbitrage opportunities may exist when trading in a portfolio security or securities is halted and does not resume before a fund calculates its NAV. These arbitrage opportunities may enable short-term traders to dilute the NAV of long-term investors. Securities trading in overseas markets, if applicable, present time zone arbitrage opportunities when events affecting portfolio security values occur after the close of the overseas markets but prior to the close of the U.S. market. Fair valuation of a fund's portfolio securities can serve to reduce arbitrage opportunities available to short-term traders, but there is no assurance that fair value pricing policies will prevent dilution of NAV by short-term traders.

Policies regarding excessive trading may not be effective to prevent short-term NAV arbitrage trading, particularly in regard to omnibus accounts.

Fair value pricing is based on subjective judgments and it is possible that the fair value of a security may differ materially from the value that would be realized if the security were sold.

Shareholder Information

Additional Information about the Purchase and Sale of Shares

As used in this prospectus, the term "shares" generally refers to the shares offered through this prospectus.

General Information

Ways to Invest

You may buy or sell shares through a retirement account or an investment professional. When you invest through a retirement account or an investment professional, the procedures for buying, selling, and exchanging shares and the account features, policies, and fees may differ. Additional fees may apply to your investment in shares, including a transaction fee if you buy or sell shares through a broker or other investment professional. Your broker may also require you to pay brokerage commissions on purchases and sales of certain share classes of a fund.

Information on Placing Orders

You should include the following information with any order:

Your name
Your account number
Type of transaction requested
Name(s) of fund(s) and class(es)
Dollar amount or number of shares

Certain methods of contacting Fidelity may be unavailable or delayed (for example, during periods of unusual market activity). In addition, the level and type of service available may be restricted.

Frequent Purchases and Redemptions

A fund may reject for any reason, or cancel as permitted or required by law, any purchase or exchange, including transactions deemed to represent excessive trading, at any time.

Excessive trading of fund shares can harm shareholders in various ways, including reducing the returns to long-term shareholders by increasing costs to a fund (such as brokerage commissions or spreads paid to dealers who sell money market instruments), disrupting portfolio management strategies, and diluting the value of the shares in cases in which fluctuations in markets are not fully priced into the fund's NAV.

Each fund reserves the right at any time to restrict purchases or exchanges or impose conditions that are more restrictive on excessive trading than those stated in this prospectus.

Excessive Trading Policy for each fund

The Board of Trustees has adopted policies designed to discourage excessive trading of fund shares. Excessive trading activity in a fund is measured by the number of roundtrip transactions in a shareholder's account and each class of a multiple class fund is treated separately. A roundtrip transaction occurs when a shareholder sells fund shares (including exchanges) within 30 days of the purchase date.

Shareholders with two or more roundtrip transactions in a single fund within a rolling 90-day period will be blocked from making additional purchases or exchange purchases of the fund for 85 days. Shareholders with four or more roundtrip transactions across all Fidelity® funds within any rolling 12-month period will be blocked for at least 85 days from additional purchases or exchange purchases across all Fidelity® funds. Any roundtrip within 12 months of the expiration of a multi-fund block will initiate another multi-fund block. Repeat offenders may be subject to long-term or permanent blocks on purchase or exchange purchase transactions in any account under the shareholder's control at any time. In addition to enforcing these roundtrip limitations, the fund may in its discretion restrict, reject, or cancel any purchases or exchanges that, in the Adviser's opinion, may be disruptive to the management of the fund or otherwise not be in the fund's interests.

Exceptions

The following transactions are exempt from the fund's excessive trading policy described above: (i) systematic withdrawal and/or contribution programs, (ii) mandatory retirement distributions, (iii) transactions initiated by a plan sponsor or sponsors of certain employee benefit plans or other related accounts, (iv) transactions within a qualified advisory program, and (v) transactions initiated by the trustee or adviser to a donor-advised charitable gift fund, qualified fund of funds, or other strategy funds.

A qualified advisory program is one that demonstrates to Fidelity that the program has investment strategies and trading policies designed to protect the interests of long-term investors and meets specific criteria outlined by Fidelity.

A qualified fund of funds is a mutual fund, qualified tuition program, or other strategy fund consisting of qualified plan assets that either applies the fund's excessive trading policies to shareholders at the fund of funds level, or demonstrates that the fund of funds has an investment strategy coupled with policies designed to control frequent trading that are reasonably likely to be effective as determined by the fund's Treasurer.

Fidelity may choose not to monitor transactions below certain dollar value thresholds.

Omnibus Accounts

Omnibus accounts, in which shares are held in the name of an intermediary on behalf of multiple investors, are a common form of holding shares among retirement plans and financial intermediaries such as brokers, advisers, and third-party administrators. Individual trades in omnibus accounts are often not disclosed to the fund, making it difficult to determine whether a particular shareholder is engaging in excessive trading. Excessive trading in omnibus accounts is likely to go undetected by the fund and may increase costs to the fund and disrupt its portfolio management.

Under policies adopted by the Board of Trustees, intermediaries will be permitted to apply the fund's excessive trading policy (described above), or their own excessive trading policy if approved by the Adviser. In these cases, the fund will typically not request or receive individual account data but will rely on the intermediary to monitor trading activity in good faith in accordance with its or the fund's policies. Reliance on intermediaries increases the risk that excessive trading may go undetected. For other intermediaries, the fund will generally monitor trading activity at the omnibus account level to attempt to identify disruptive trades. The fund may request transaction information, as frequently as daily, from any intermediary at any time, and may apply the fund's policy to transactions that exceed thresholds established by the Board of Trustees. The fund may prohibit purchases of fund shares by an intermediary or by some or all of any intermediary's clients. There is no assurance that the Adviser will request data with sufficient frequency to detect or deter excessive trading in omnibus accounts effectively.

If you purchase or sell fund shares through a financial intermediary, you may wish to contact the intermediary to determine the policies applicable to your account.

Retirement Plans

For employer-sponsored retirement plans, only participant directed exchanges count toward the roundtrip limits. Employer-sponsored retirement plan participants whose activity triggers a purchase or exchange block will be permitted one trade every calendar quarter. In the event of a block, employer and participant contributions and loan repayments by the participant may still be invested in the fund.

Other Information about the Excessive Trading Policy

The fund's Treasurer is authorized to suspend the fund's policies during periods of severe market turbulence or national emergency. The fund reserves the right to modify its policies at any time without prior notice.

The fund does not knowingly accommodate frequent purchases and redemptions of fund shares by investors, except to the extent permitted by the policies described above.

As described in "Valuing Shares," the fund also uses fair value pricing to help reduce arbitrage opportunities available to short-term traders. There is no assurance that the fund's excessive trading policy will be effective, or will successfully detect or deter excessive or disruptive trading.

Buying Shares

Eligibility

Shares are generally available only to investors residing in the United States.

Each class of the fund has different expenses and features, as described in the applicable prospectus. Investors eligible to purchase one class of shares may also be eligible to purchase other classes of shares of the fund. Your investment professional, as applicable, can help you choose the class of shares that best suits your investment needs. However, plan participants may purchase only the classes of shares that are eligible for sale and available through their plan. Certain classes may have higher expenses than those offered by the plan.

Additional Information Regarding Class I Eligibility

Class I shares generally are offered to:

1. Certain employer-sponsored retirement plans. For this purpose, employer-sponsored retirement plans generally include profit sharing, 401(k), 403(b), 457(b), defined benefit, retiree health savings plans, and similar plans, but generally do not include: retail retirement or non-retirement accounts; Individual Retirement Accounts (IRAs) (such as traditional, Roth, SEP, SARSEP, and SIMPLE IRAs); Coverdell Education Savings Accounts; individual 403(b) accounts that are not part of an employer's 403(b) plan; plans investing through the Fidelity Advisor® 403(b) program; plans covering self-employed individuals and their employees (formerly Keogh/H.R. 10 plans); health savings accounts; or qualified tuition programs;

2. Insurance company separate accounts;

3. Broker-dealer, registered investment adviser, insurance company, trust institution and bank trust department managed account programs that charge an asset-based fee;

4. Current or former Trustees or officers of a Fidelity® fund or current or retired officers, directors, or regular employees of FMR LLC or FIL Limited or their direct or indirect subsidiaries (Fidelity Trustee or employee), spouses of Fidelity Trustees or employees, Fidelity Trustees or employees acting as a custodian for a minor child, persons acting as trustee of a trust for the sole benefit of the minor child of a Fidelity Trustee or employee, or employee benefit plans sponsored by FMR LLC or an affiliate;

5. Any state, county, or city, or any governmental instrumentality, department, authority or agency;

6. Charitable organizations (as defined for purposes of Section 501(c)(3) of the Internal Revenue Code) or charitable remainder trusts or life income pools established for the benefit of a charitable organization;

7. Qualified tuition programs for which Fidelity serves as investment manager, or mutual funds managed by Fidelity or other parties;

8. Employer-sponsored health savings accounts investing through an intermediary;

9. Former Destiny® Planholders who exchange, or have exchanged, from Class O to Class I of Fidelity Advisor® funds;

10. Investors who purchase shares through brokerage programs of certain brokers acting solely as agents for their customers and that have entered into an agreement with the distributor to offer Class I shares through such programs. An investor transacting in such programs may be required to pay a commission and/or other forms of compensation to the broker; and

11. Investors whose account is no longer associated with a financial intermediary and whose shares were exchanged by Fidelity from Class A, Class M, or Class C of the fund to Class I shares of the same fund; only in certain employee benefit plan accounts may such investors add to their position in Class I.

Investors may be able to purchase Class I in other circumstances. Please contact Fidelity or your investment professional for more information about Class I shares.

Additional Information Regarding Class Z Eligibility

Class Z shares generally are offered to:

2. Broker-dealer, registered investment adviser, insurance company, trust institution and bank trust department managed account programs that charge an asset-based fee;

3. Investors who purchase shares through brokerage programs of certain brokers acting solely as agents for their customers and that have entered into an agreement with the distributor to offer Class Z shares through such programs. An investor transacting in such programs may be required to pay a commission and/or other forms of compensation to the broker;

4. Mutual funds dedicated for use in Fidelity's managed account programs, and investment vehicles dedicated for use by the Fidelity Investments Charitable Gift Fund, for which Fidelity serves as investment manager; and

5. Employee benefit plans sponsored by FMR LLC or an affiliate.

Investors may be able to purchase Class Z in other circumstances. Please contact Fidelity or your investment professional for more information about Class Z shares.

There is no minimum balance or purchase minimum for fund shares.

Price to Buy

The price to buy one share of Class A or Class M is its offering price or its NAV, depending on whether you pay a front-end sales charge.

The price to buy one share of Class C, Class I, or Class Z is its NAV. Class C shares are sold without a front-end sales charge, but may be subject to a CDSC upon redemption. Class I and Class Z shares are sold without a sales charge.

If you pay a front-end sales charge, your price will be Class A's or Class M's offering price. When you buy Class A or Class M shares at the offering price, Fidelity deducts the appropriate sales charge and invests the rest in Class A or Class M shares of the fund. If you qualify for a front-end sales charge waiver, your price will be Class A's or Class M's NAV.

The offering price of Class A or Class M is its NAV plus the sales charge. The offering price is calculated by dividing Class A's or Class M's NAV by the difference between one and the applicable front-end sales charge percentage and rounding to the nearest cent.

The dollar amount of the sales charge for Class A or Class M is the difference between the offering price of the shares purchased and the NAV of those shares. Since the offering price per share is calculated to the nearest cent using standard rounding criteria, the percentage sales charge you actually pay may be higher or lower than the sales charge percentages shown in this prospectus due to rounding. The impact of rounding may vary with the amount of your investment and the size of the class's NAV.

Shares will be bought at the offering price or NAV, as applicable, next calculated after an order is received in proper form.

It is the responsibility of your investment professional to transmit your order to buy shares to Fidelity before the close of business on the day you place your order.

Each fund has authorized certain intermediaries to accept orders to buy shares on its behalf. When authorized intermediaries receive an order in proper form, the order is considered as being placed with the fund, and shares will be bought at the offering price or NAV, as applicable, next calculated after the order is received by the authorized intermediary. If applicable, orders by funds of funds for which Fidelity serves as investment manager will be treated as received by the fund at the same time that the corresponding orders are received in proper form by the funds of funds.

Each fund may stop offering shares completely or may offer shares only on a limited basis, for a period of time or permanently.

If your payment is not received and collected, your purchase may be canceled and you could be liable for any losses or fees a fund or Fidelity has incurred.

Shares can be bought or sold through investment professionals using an automated order placement and settlement system that guarantees payment for orders on a specified date.

Certain financial institutions that meet creditworthiness criteria established by FDC may enter confirmed purchase orders on behalf of customers by phone, with payment to follow no later than close of business on the next business day. If payment is not received by that time, the order will be canceled and the financial institution will be liable for any losses.

Under applicable anti-money laundering rules and other regulations, purchase orders may be suspended, restricted, or canceled and the monies may be withheld.

Selling Shares

The price to sell one share of Class A, Class M, or Class C is its NAV, minus any applicable CDSC. The price to sell one share of Class I or Class Z is its NAV.

Shares will be sold at the NAV next calculated after an order is received in proper form, minus any applicable CDSC.

Normally, redemptions will be processed by the next business day, but it may take up to seven days to pay the redemption proceeds if making immediate payment would adversely affect a fund.

It is the responsibility of your investment professional to transmit your order to sell shares to Fidelity before the close of business on the day you place your order.

Each fund has authorized certain intermediaries to accept orders to sell shares on its behalf. When authorized intermediaries receive an order in proper form, the order is considered as being placed with the fund, and shares will be sold at the NAV next calculated after the order is received by the authorized intermediary, minus any applicable CDSC. If applicable, orders by funds of funds for which Fidelity serves as investment manager will be treated as received by the fund at the same time that the corresponding orders are received in proper form by the funds of funds.

See "Policies Concerning the Redemption of Fund Shares" below for additional redemption information.

A signature guarantee is designed to protect you and Fidelity from fraud. Fidelity may require that your request be made in writing and include a signature guarantee in certain circumstances, such as:

When you wish to sell more than $100,000 worth of shares.
When the address on your account (record address) has changed within the last 15 days or you are requesting that a check be mailed to an address different than the record address.
When you are requesting that redemption proceeds be paid to someone other than the account owner.
In certain situations when the redemption proceeds are being transferred to a Fidelity® brokerage or mutual fund account with a different registration.

You should be able to obtain a signature guarantee from a bank, broker-dealer, credit union (if authorized under state law), securities exchange or association, clearing agency, or savings association. A notary public cannot provide a signature guarantee.

When you place an order to sell shares, note the following:

Redemption proceeds (other than exchanges) may be delayed until money from prior purchases sufficient to cover your redemption has been received and collected.

Redemptions may be suspended or payment dates postponed when the NYSE is closed (other than weekends or holidays), when trading on the NYSE is restricted, or as permitted by the SEC.

Redemption proceeds may be paid in securities or other property rather than in cash if the Adviser determines it is in the best interests of a fund.
You will not receive interest on amounts represented by uncashed redemption checks.

Under applicable anti-money laundering rules and other regulations, redemption requests may be suspended, restricted, canceled, or processed and the proceeds may be withheld.

Class Z: When your relationship with your managed account provider is terminated, your shares may be sold at the NAV next calculated, in which case the redemption proceeds will remain in your account pending your instruction.

Policies Concerning the Redemption of Fund Shares

If your account is held directly with a fund, the length of time that a fund typically expects to pay redemption proceeds depends on the method you have elected to receive such proceeds. A fund typically expects to make payment of redemption proceeds by wire, automated clearing house (ACH) or by issuing a check by the next business day following receipt of a redemption order in proper form. Proceeds from the periodic and automatic sale of shares of a Fidelity® money market fund that are used to buy shares of another Fidelity® fund are settled simultaneously.

If your account is held through an intermediary, the length of time that a fund typically expects to pay redemption proceeds depends, in part, on the terms of the agreement in place between the intermediary and a fund. For redemption proceeds that are paid either directly to you from a fund or to your intermediary for transmittal to you, a fund typically expects to make payments by wire, by ACH or by issuing a check on the next business day following receipt of a redemption order in proper form from the intermediary by a fund. Redemption orders that are processed through investment professionals that utilize the National Securities Clearing Corporation will generally settle one to three business days following receipt of a redemption order in proper form.

As noted elsewhere, payment of redemption proceeds may take longer than the time a fund typically expects and may take up to seven days from the date of receipt of the redemption order as permitted by applicable law.

Redemption Methods Available. Generally a fund expects to pay redemption proceeds in cash. To do so, a fund typically expects to satisfy redemption requests either by using available cash (or cash equivalents) or by selling portfolio securities. On a less regular basis, a fund may also satisfy redemption requests by utilizing one or more of the following sources, if permitted: borrowing from another Fidelity® fund; drawing on an available line or lines of credit from a bank or banks; or using reverse repurchase agreements. These methods may be used during both normal and stressed market conditions.

In addition to paying redemption proceeds in cash, a fund reserves the right to pay part or all of your redemption proceeds in readily marketable securities instead of cash (redemption in-kind). Redemption in-kind proceeds will typically be made by delivering the selected securities to the redeeming shareholder within seven days after the receipt of the redemption order in proper form by a fund.

Converting Shares

A fund will automatically convert your class of shares of the fund to Class Z shares, if Class Z of the fund is available under your plan.

A fund may convert your Class Z shares to another class of shares of the fund, including classes of shares not offered in this prospectus that are available under your plan, if your plan is no longer eligible to offer Class Z. Information on the other classes of shares of the fund can be found in that class's prospectus. Investors will be notified in writing before any such conversion to another class.

A conversion will be based on the respective NAVs of the two classes, without the imposition of any fees, on the trade date of the conversion. A conversion between share classes of the same fund is a non-taxable event.

Conversion Feature. After a maximum of eight years from the initial date of purchase, Class C shares convert automatically to Class A shares of a fund. Conversion to Class A shares will be made at NAV. At the time of conversion, a portion of the Class C shares bought through the reinvestment of dividends or capital gains (Dividend Shares) will also convert to Class A shares. The portion of Dividend Shares that will convert is determined by the ratio of your converting Class C non-Dividend Shares to your total Class C non-Dividend Shares. A fund may convert shares sooner in certain circumstances. A shorter holding period may also apply depending on your intermediary. Please see "Sales Charge Waiver Policies Applied by Certain Intermediaries" in the "Appendix" section of this prospectus.

Exchanging Shares

An exchange involves the redemption of all or a portion of the shares of one fund and the purchase of shares of another fund.

As a Class A shareholder, you have the privilege of exchanging Class A shares for the same class of shares of other Fidelity® funds that offer Advisor classes of shares at NAV or for Daily Money Class shares of Fidelity® funds that offer Daily Money Class shares.

As a Class M shareholder, you have the privilege of exchanging Class M shares for the same class of shares of other Fidelity® funds that offer Advisor classes of shares at NAV or for Advisor M Class shares of Fidelity® Government Money Market Fund. If you purchased your Class M shares through certain investment professionals that have signed an agreement with FDC, you also have the privilege of exchanging your Class M shares for shares of Fidelity® Capital Appreciation Fund.

As a Class C shareholder, you have the privilege of exchanging Class C shares for the same class of shares of other Fidelity® funds that offer Advisor classes of shares or for Advisor C Class shares of Fidelity® Treasury Money Market Fund.

As a Class I shareholder, you have the privilege of exchanging Class I shares for the same class of shares of other Fidelity® funds that offer Advisor classes of shares or for shares of Fidelity® funds.

As a Class Z shareholder, you have the privilege of exchanging Class Z shares for the same class of shares of other Fidelity® funds that offer Advisor classes of shares or Class Z shares of other Fidelity® funds available through your employee benefit plan, or if the Fidelity® fund does not offer Class Z shares, then other classes of the Fidelity® fund that are available through your plan.

Through your investment professional, you may also move between certain share classes of the same fund. For more information, see the Statement of Additional Information (SAI) or consult your investment professional.

However, you should note the following policies and restrictions governing exchanges:

The exchange limit may be modified for accounts held by certain institutional retirement plans to conform to plan exchange limits and Department of Labor regulations. See your retirement plan materials for further information.
Each fund may refuse any exchange purchase for any reason. For example, each fund may refuse exchange purchases by any person or group if, in the Adviser's judgment, the fund would be unable to invest the money effectively in accordance with its investment objective and policies, or would otherwise potentially be adversely affected.
An exchange of shares is not subject to any applicable CDSCs.
Each fund may reject exchange purchases in excess of 1% of its net assets or $1 million, whichever is less.
Before any exchange, read the prospectus for the shares you are purchasing, including any purchase and sale requirements.
The shares you are acquiring by exchange must be available for sale in your state.
Exchanges may have tax consequences for you if you own shares in a taxable account.
If you are exchanging between accounts that are not registered in the same name, address, and taxpayer identification number (TIN), there may be additional requirements.
Under applicable anti-money laundering rules and other regulations, exchange requests may be suspended, restricted, canceled, or processed and the proceeds may be withheld.

The funds may terminate or modify exchange privileges in the future.

Other funds may have different exchange restrictions and minimums. Check each fund's prospectus for details.

Rollover IRAs

Class Z shares generally are not available to IRA rollover accounts. Assets from retirement plans may be invested in other class(es) of shares of the fund through an IRA rollover, including class(es) of shares not offered in this prospectus. Each class of each fund has different expenses and features and may have higher expenses than Class Z shares. Information on the other class(es) of shares of each fund, including any class expenses and features, can be found in the applicable class's prospectus.

Please contact your investment professional for more information.

Account Features and Policies

Features

The following features may be available to buy and sell shares of a fund. Visit institutional.fidelity.com or contact your investment professional for more information.

Electronic Funds Transfer (Fidelity Advisor Money Line®): electronic money movement through the Automated Clearing House

To transfer money between a bank account and your fund account.

You can use electronic funds transfer to:

Make periodic (automatic) purchases of shares.
Make periodic (automatic) redemptions of shares.

Wire: electronic money movement through the Federal Reserve wire system

To transfer money between a bank account and your fund account.

Automatic Transactions: periodic (automatic) transactions

To make contributions from your fund account to your Fidelity Advisor® IRA.

To sell shares of a Fidelity® money market fund and simultaneously to buy shares of a Fidelity® fund that offers Advisor classes of shares.

Policies

The following apply to you as a shareholder.

Statements that Fidelity sends to you, if applicable, include the following:

Confirmation statements (after transactions affecting your fund balance except, to the extent applicable, reinvestment of distributions in the fund or another fund and certain transactions through automatic investment or withdrawal programs).
Monthly or quarterly account statements (detailing fund balances and all transactions completed during the prior month or quarter).

Current regulations allow Fidelity to send a single copy of shareholder documents for Fidelity® funds, such as prospectuses, annual and semi-annual reports, and proxy materials, to certain mutual fund customers whom we believe are members of the same family who share the same address. For certain types of accounts, we will not send multiple copies of these documents to you and members of your family who share the same address. Instead, we will send only a single copy of these documents. This will continue for as long as you are a shareholder, unless you notify us otherwise. If at any time you choose to receive individual copies of any documents, please call 1-877-208-0098. We will begin sending individual copies to you within 30 days of receiving your call.

You may initiate many transactions by telephone or electronically. Fidelity will not be responsible for any loss, cost, expense, or other liability resulting from unauthorized transactions if it follows reasonable security procedures designed to verify the identity of the investor. Fidelity will request personalized security codes or other information, and may also record calls. For transactions conducted through the Internet, Fidelity recommends the use of an Internet browser with 128-bit encryption. You should verify the accuracy of your confirmation statements upon receipt and notify Fidelity immediately of any discrepancies in your account activity. If you do not want the ability to sell and exchange by telephone, call Fidelity for instructions. Additional documentation may be required from corporations, associations, and certain fiduciaries.

You may be asked to provide additional information in order for Fidelity to verify your identity in accordance with requirements under anti-money laundering regulations. Accounts may be restricted and/or closed, and the monies withheld, pending verification of this information or as otherwise required under these and other federal regulations. In addition, each fund reserves the right to involuntarily redeem an account in the case of: (i) actual or suspected threatening conduct or actual or suspected fraudulent, illegal or suspicious activity by the account owner or any other individual associated with the account; or (ii) the failure of the account owner to provide information to the funds related to opening the accounts. Your shares will be sold at the NAV, minus any applicable shareholder fees, calculated on the day Fidelity closes your fund position.

Fidelity may charge a fee for certain services, such as providing historical account documents.

Dividends and Capital Gain Distributions

Each fund earns interest, dividends, and other income from its investments, and distributes this income (less expenses) to shareholders as dividends. Each fund also realizes capital gains from its investments, and distributes these gains (less any losses) to shareholders as capital gain distributions.

Each fund normally declares dividends and pays capital gain distributions per the tables below:

Fund Name		Dividends Paid
Fidelity Advisor® Biotechnology Fund		December
Fidelity Advisor® Consumer Discretionary Fund		December
Fidelity Advisor® Energy Fund		December
Fidelity Advisor® Financials Fund		December
Fidelity Advisor® Health Care Fund		December
Fidelity Advisor® Industrials Fund		December
Fidelity Advisor® Semiconductors Fund		December
Fidelity Advisor® Technology Fund		December
Fidelity Advisor® Utilities Fund		April, July, October, December

Fund Name		Capital Gains Paid
Fidelity Advisor® Biotechnology Fund		December
Fidelity Advisor® Consumer Discretionary Fund		December
Fidelity Advisor® Energy Fund		December
Fidelity Advisor® Financials Fund		December
Fidelity Advisor® Health Care Fund		December
Fidelity Advisor® Industrials Fund		December
Fidelity Advisor® Semiconductors Fund		December
Fidelity Advisor® Technology Fund		December
Fidelity Advisor® Utilities Fund		December

Distribution Options

When you open an account, specify how you want to receive your distributions. The following distribution options are available:

1. Reinvestment Option.

Any dividends and capital gain distributions will be automatically reinvested in additional shares. If you do not indicate a choice, you will be assigned this option.

2. Income-Earned Option.

Any capital gain distributions will be automatically reinvested in additional shares. Any dividends will be paid in cash.

3. Cash Option.

Any dividends and capital gain distributions will be paid in cash.

4. Directed Dividends® Option.

Any dividends will be automatically invested in the same class of shares of another identically registered Fidelity® fund. Any capital gain distributions will be automatically invested in the same class of shares of another identically registered Fidelity® fund, automatically reinvested in additional shares of the fund, or paid in cash.

Not all distribution options may be available for every account and certain restrictions may apply. If the option you prefer is not listed on your account application, or if you want to change your current option, contact Fidelity or your investment professional directly.

If you elect to receive distributions paid in cash by check and the U.S. Postal Service does not deliver your checks, your distribution option may be converted to the Reinvestment Option. You will not receive interest on amounts represented by uncashed distribution checks.

Any dividends and capital gain distributions paid to retirement plan participants will be automatically reinvested.

Tax Consequences

As with any investment, your investment in a fund could have tax consequences for you (for non-retirement accounts).

Taxes on Distributions

Distributions you receive from each fund are subject to federal income tax, and may also be subject to state or local taxes.

For federal tax purposes, certain distributions, including dividends and distributions of short-term capital gains, are taxable to you as ordinary income, while certain distributions, including distributions of long-term capital gains, are taxable to you generally as capital gains. A percentage of certain distributions of dividends may qualify for taxation at long-term capital gains rates (provided certain holding period requirements are met).

If you buy shares when a fund has realized but not yet distributed income or capital gains, you will be "buying a dividend" by paying the full price for the shares and then receiving a portion of the price back in the form of a taxable distribution.

Any taxable distributions you receive from a fund will normally be taxable to you when you receive them, regardless of your distribution option.

Distributions by a fund to tax-advantaged retirement plan accounts are not taxable currently (but you may be taxed later, upon withdrawal of your investment from such account).

Taxes on Transactions

Your redemptions, including exchanges, may result in a capital gain or loss for federal tax purposes. A capital gain or loss on your investment in a fund generally is the difference between the cost of your shares and the price you receive when you sell them.

Exchanges within a tax-advantaged retirement plan account will not result in a capital gain or loss for federal tax purposes. Please consult your tax advisor regarding the tax treatment of distributions from a tax-advantaged retirement plan account.

Fund Services

Fund Management

Each fund is a mutual fund, an investment that pools shareholders' money and invests it toward a specified goal.

Adviser

FMR. The Adviser is each fund's manager. The address of the Adviser is 245 Summer Street, Boston, Massachusetts 02210.

As of December 31, 2022, the Adviser had approximately $3.1 trillion in discretionary assets under management, and approximately $3.9 trillion when combined with all of its affiliates' assets under management.

As the manager, the Adviser has overall responsibility for directing each fund's investments and handling its business affairs.

Sub-Adviser(s)

FMR Investment Management (UK) Limited (FMR UK), at 1 St. Martin's Le Grand, London, EC1A 4AS, United Kingdom, serves as a sub-adviser for each fund. As of December 31, 2022, FMR UK had approximately $14.7 billion in discretionary assets under management. FMR UK is an affiliate of the Adviser.

FMR UK may provide investment research and advice on issuers based outside the United States and may also provide investment advisory services for Fidelity Advisor® Biotechnology Fund, Fidelity Advisor® Consumer Discretionary Fund, Fidelity Advisor® Energy Fund, Fidelity Advisor® Financials Fund, Fidelity Advisor® Health Care Fund, Fidelity Advisor® Industrials Fund, Fidelity Advisor® Semiconductors Fund, Fidelity Advisor® Technology Fund, and Fidelity Advisor® Utilities Fund.

Fidelity Management & Research (Hong Kong) Limited (FMR H.K.), at Floor 19, 41 Connaught Road Central, Hong Kong, serves as a sub-adviser for each fund. As of December 31, 2022, FMR H.K. had approximately $21.4 billion in discretionary assets under management. FMR H.K. is an affiliate of the Adviser.

FMR H.K. may provide investment research and advice on issuers based outside the United States and may also provide investment advisory services for Fidelity Advisor® Biotechnology Fund, Fidelity Advisor® Consumer Discretionary Fund, Fidelity Advisor® Energy Fund, Fidelity Advisor® Financials Fund, Fidelity Advisor® Health Care Fund, Fidelity Advisor® Industrials Fund, Fidelity Advisor® Semiconductors Fund, Fidelity Advisor® Technology Fund, and Fidelity Advisor® Utilities Fund.

Fidelity Management & Research (Japan) Limited (FMR Japan), at Kamiyacho Prime Place, 1-17, Toranomon-4-Chome, Minato-ku, Tokyo, Japan, serves as a sub-adviser for each fund. As of March 31, 2023, FMR Japan had approximately $2.9 billion in discretionary assets under management. FMR Japan is an affiliate of the Adviser.

FMR Japan may provide investment research and advice on issuers based outside the United States and may also provide investment advisory services for Fidelity Advisor® Biotechnology Fund, Fidelity Advisor® Consumer Discretionary Fund, Fidelity Advisor® Energy Fund, Fidelity Advisor® Financials Fund, Fidelity Advisor® Health Care Fund, Fidelity Advisor® Industrials Fund, Fidelity Advisor® Semiconductors Fund, Fidelity Advisor® Technology Fund, and Fidelity Advisor® Utilities Fund.

Portfolio Manager(s)

Eirene Kontopoulos is Portfolio Manager of Fidelity Advisor® Biotechnology Fund, which she has managed since 2018. She also manages other funds. Since joining Fidelity Investments in 2007, Ms. Kontopoulos has worked as a research analyst and portfolio manager.

Jordan Michaels is Portfolio Manager of Fidelity Advisor® Consumer Discretionary Fund, which he has managed since 2022. He also manages other funds. Since joining Fidelity Investments in 2008, Mr. Michaels has worked as a research associate, research analyst, and portfolio manager.

Maurice Fitzmaurice is Portfolio Manager of Fidelity Advisor® Energy Fund, which he has managed since 2020. He also manages other funds. Since joining Fidelity Investments in 1998, Mr. Fitzmaurice has worked as a research analyst and portfolio manager.

Matt Reed is Portfolio Manager of Fidelity Advisor® Financials Fund, which he has managed since 2019. He also manages other funds. Since joining Fidelity Investments in 2008, Mr. Reed has worked as a research analyst and portfolio manager.

Eddie Yoon is Portfolio Manager of Fidelity Advisor® Health Care Fund, which he has managed since 2008. He also manages other funds. Since joining Fidelity Investments in 2006, Mr. Yoon has worked as a research analyst and portfolio manager.

David Wagner is Portfolio Manager of Fidelity Advisor® Industrials Fund, which he has managed since 2023. He also manages other funds. Since joining Fidelity Investments in 2014, Mr. Wagner has worked as an intern, research analyst, and portfolio manager.

Adam Benjamin is Portfolio Manager of Fidelity Advisor® Semiconductors Fund and Fidelity Advisor® Technology Fund, both of which he has managed since 2020. He also manages other funds. Since joining Fidelity Investments in 2011, Mr. Benjamin has worked as a research analyst and portfolio manager.

Douglas Simmons is Portfolio Manager of Fidelity Advisor® Utilities Fund, which he has managed since 2006. He also manages other funds. Since joining Fidelity Investments in 2003, Mr. Simmons has worked as a portfolio manager.

The SAI provides additional information about the compensation of, any other accounts managed by, and any fund shares held by the portfolio manager(s).

From time to time a manager, analyst, or other Fidelity employee may express views regarding a particular company, security, industry, or market sector. The views expressed by any such person are the views of only that individual as of the time expressed and do not necessarily represent the views of Fidelity or any other person in the Fidelity organization. Any such views are subject to change at any time based upon market or other conditions and Fidelity disclaims any responsibility to update such views. These views may not be relied on as investment advice and, because investment decisions for a fund are based on numerous factors, may not be relied on as an indication of trading intent on behalf of any fund.

Advisory Fee(s)

Each fund pays a management fee to the Adviser.

The management fee is calculated and paid to the Adviser every month.

The fee is calculated by adding a group fee rate to an individual fund fee rate, dividing by twelve, and multiplying the result by the fund's average net assets throughout the month.

The group fee rate is based on the average net assets of a group of mutual funds advised by FMR. This rate cannot rise above 0.52%, and it drops as total assets under management increase.

The group fee rate(s) for July 2023 and the annual individual fund fee rate(s) are reflected in the table below:

Fund	Group Fee Rate	Individual Fund Fee Rate
Fidelity Advisor® Biotechnology Fund	0.22%	0.30%
Fidelity Advisor® Consumer Discretionary Fund	0.22%	0.30%
Fidelity Advisor® Energy Fund	0.22%	0.30%
Fidelity Advisor® Financials Fund	0.22%	0.30%
Fidelity Advisor® Health Care Fund	0.22%	0.30%
Fidelity Advisor® Industrials Fund	0.22%	0.30%
Fidelity Advisor® Semiconductors Fund	0.22%	0.30%
Fidelity Advisor® Technology Fund	0.22%	0.30%
Fidelity Advisor® Utilities Fund	0.22%	0.30%

The total management fee, as a percentage of a fund's average net assets, for the fiscal year ended July 31, 2023, for each fund is shown in the following table. Because each fund's management fee rate may fluctuate, a fund's management fee may be higher or lower in the future.

Fund	Total Management Fee Rate
Fidelity Advisor® Biotechnology Fund	0.53%
Fidelity Advisor® Consumer Discretionary Fund	0.53%
Fidelity Advisor® Energy Fund	0.53%
Fidelity Advisor® Financials Fund	0.53%
Fidelity Advisor® Health Care Fund	0.53%
Fidelity Advisor® Industrials Fund	0.53%
Fidelity Advisor® Semiconductors Fund	0.53%
Fidelity Advisor® Technology Fund	0.53%
Fidelity Advisor® Utilities Fund	0.53%

The Adviser pays FMR Investment Management (UK) Limited, Fidelity Management & Research (Hong Kong) Limited, and Fidelity Management & Research (Japan) Limited for providing sub-advisory services.

The basis for the Board of Trustees approving the management contract and sub-advisory agreements for each fund is available in each fund's annual report for the fiscal period ended July 31, 2023.

From time to time, the Adviser or its affiliates may agree to reimburse or waive certain fund expenses while retaining the ability to be repaid if expenses fall below the specified limit prior to the end of the fiscal year.

Reimbursement or waiver arrangements can decrease expenses and boost performance.

Fund Distribution

Each fund is composed of multiple classes of shares. All classes of a fund have a common investment objective and investment portfolio.

FDC distributes Class A, Class M, Class C, Class I, and Class Z shares.

Intermediaries may receive from the Adviser, FDC, and/or their affiliates compensation for their services intended to result in the sale of class shares, including compensation for providing recordkeeping and administrative services, as well as other retirement plan expenses for Class Z shares.

This may take the form of (as applicable):

Sales charges and concessions (not applicable to Class I and Class Z shares).
Distribution and/or service (12b-1) fees (not applicable to Class I and Class Z shares).
Finder's fees (not applicable to Class C, Class I, and Class Z shares).
Payments for additional distribution-related activities and/or shareholder services.
Payments for educational seminars and training, including seminars sponsored by Fidelity, or by an intermediary.

These payments are described in more detail in this section and in the SAI.

Please speak with your investment professional to learn more about any payments his or her firm may receive from the Adviser, FDC, and/or their affiliates, as well as fees and/or commissions the investment professional charges. You should also consult disclosures made by your investment professional at the time of purchase.

You may pay a sales charge when you buy or sell your Class A, Class M, and Class C shares.

FDC collects the sales charge.

As described in detail in this section, you may be entitled to a waiver of your sales charge, or to pay a reduced sales charge, when you buy or sell Class A, Class M, and Class C shares. In the event of changes in sales charges, sales charges, if any, in effect at the time of purchase generally will apply.

The availability of certain sales charge waivers and discounts may depend on whether you purchase your shares directly from a fund or through an intermediary. Intermediaries may have different policies and procedures regarding the availability of front-end sales load waivers or CDSC (back-end) waivers. Please see "Sales Charge Waiver Policies Applied by Certain Intermediaries" in the "Appendix" section of the prospectus. In all instances, it is the purchaser's responsibility to notify a fund or the purchaser's intermediary at the time of purchase of any relationship or other facts qualifying the purchaser for sales charge waivers or discounts. For waivers and discounts not available through a particular intermediary, shareholders will have to purchase fund shares directly from a fund or through another intermediary to receive these waivers or discounts.

The front-end sales charge will be reduced for purchases of Class A and Class M shares according to the sales charge schedules below.

Sales Charges and Concessions - Class A
Sales Charge
	As a % of offering price(a)	As an approximate % of net amount invested(a)	Investment professional concession as % of offering price
Less than $50,000(b)	5.75%	6.10%	5.00%
$50,000 but less than $100,000	4.50%	4.71%	3.75%
$100,000 but less than $250,000	3.50%	3.63%	2.75%
$250,000 but less than $500,000	2.50%	2.56%	2.00%
$500,000 but less than $1,000,000	2.00%	2.04%	1.75%
$1,000,000 but less than $4,000,000	None	None	1.00%(c)
$4,000,000 but less than $25,000,000	None	None	0.50%(c)
$25,000,000 or more	None	None	0.25%(c)

(a) The actual sales charge you pay may be higher or lower than those calculated using these percentages due to rounding. The impact of rounding may vary with the amount of your investment and the size of the class's NAV.

(b) Purchases of $10.00 or less will not pay a sales charge.

Investments in Class A shares of $1 million or more may, upon redemption less than 18 months after purchase, for any reason, be assessed a CDSC of 1.00%. The actual CDSC you pay may be higher or lower than that calculated using this percentage due to rounding. The impact of rounding may vary with the amount of your investment and the size of the class's NAV.

When exchanging Class A shares of one fund for Class A shares of another Fidelity® fund that offers Advisor classes of shares or Daily Money Class shares of another Fidelity® fund that offers Daily Money Class shares, your Class A shares retain the CDSC schedule in effect when they were originally bought.

Sales Charges and Concessions - Class M
Sales Charge
	As a % of offering price(a)	As an approximate % of net amount invested(a)	Investment professional concession as % of offering price
Less than $50,000(b)	3.50%	3.63%	3.00%
$50,000 but less than $100,000	3.00%	3.09%	2.50%
$100,000 but less than $250,000	2.50%	2.56%	2.00%
$250,000 but less than $500,000	1.50%	1.52%	1.25%
$500,000 but less than $1,000,000	1.00%	1.01%	0.75%
$1,000,000 or more	None	None	0.25%(c)

(b) Purchases of $10.00 or less will not pay a sales charge.

Investments in Class M shares of $1 million or more may, upon redemption less than one year after purchase, for any reason, be assessed a CDSC of 0.25%. The actual CDSC you pay may be higher or lower than that calculated using this percentage due to rounding. The impact of rounding may vary with the amount of your investment and the size of the class's NAV.

When exchanging Class M shares of one fund for Class M shares of another Fidelity® fund that offers Advisor classes of shares or Advisor M Class shares of Fidelity® Government Money Market Fund, your Class M shares retain the CDSC schedule in effect when they were originally bought.

Class A or Class M shares purchased by an individual or company through the Combined Purchase, Rights of Accumulation, or Letter of Intent program may receive a reduced front-end sales charge according to the sales charge schedules above. To qualify for a Class A or Class M front-end sales charge reduction under one of these programs, you must notify Fidelity in advance of your purchase.

Combined Purchase, Rights of Accumulation, and Letter of Intent Programs. The following qualify as an "individual" or "company" for the purposes of determining eligibility for the Combined Purchase and Rights of Accumulation program: an individual, spouse, and their children under age 21 purchasing for his/her or their own account; a trustee, administrator, or other fiduciary purchasing for a single trust estate or a single fiduciary account or for a single or parent-subsidiary group of "employee benefit plans" (except SEP and SARSEP plans and plans covering self-employed individuals and their employees (formerly Keogh/H.R. 10 plans)) and 403(b) programs; and tax-exempt organizations (as defined in Section 501(c)(3) of the Internal Revenue Code). The following qualify as an "individual" or "company" for the purposes of determining eligibility for the Letter of Intent program: an individual, spouse, and their children under age 21 purchasing for his/her or their own account; a trustee, administrator, or other fiduciary purchasing for a single trust estate or a single fiduciary account (except SEP and SARSEP plans and plans covering self-employed individuals and their employees (formerly Keogh/H.R. 10 plans)); an IRA or plans covering sole-proprietors (formerly Keogh/H.R. 10 plans); plans investing through the Fidelity Advisor® 403(b) program; and tax-exempt organizations (as defined in Section 501(c)(3) of the Internal Revenue Code).

Combined Purchase. To receive a Class A or Class M front-end sales charge reduction, if you are a new shareholder, you may combine your purchase of Class A or Class M shares with purchases of: (i) Class A, Class M, and Class C shares of any Fidelity® fund that offers Advisor classes of shares, (ii) Advisor C Class shares of Fidelity® Treasury Money Market Fund, and (iii) Class A Units (New and Old), Class C Units, Class D Units, and Class P Units of the Fidelity Advisor® 529 Plan. Purchases may be aggregated across multiple intermediaries on the same day for the purpose of qualifying for the Combined Purchase program.

Rights of Accumulation. To receive a Class A or Class M front-end sales charge reduction, if you are an existing shareholder, you may add to your purchase of Class A or Class M shares the current value of your holdings in: (i) Class A, Class M, and Class C shares of any Fidelity® fund that offers Advisor classes of shares, (ii) Advisor C Class shares of Fidelity® Treasury Money Market Fund, (iii) Daily Money Class shares of a fund that offers Daily Money Class shares acquired by exchange from any Fidelity® fund that offers Advisor classes of shares, (iv) Class O shares of Fidelity Advisor® Diversified Stock Fund and Fidelity Advisor® Capital Development Fund, and (v) Class A Units (New and Old), Class C Units, Class D Units, and Class P Units of the Fidelity Advisor® 529 Plan. The current value of your holdings is determined at the NAV at the close of business on the day prior to your purchase of Class A or Class M shares. The current value of your holdings will be added to your purchase of Class A or Class M shares for the purpose of qualifying for the Rights of Accumulation program. Purchases and holdings may be aggregated across multiple intermediaries for the purpose of qualifying for the Rights of Accumulation program.

Letter of Intent. You may receive a Class A or Class M front-end sales charge reduction on your purchases of Class A and Class M shares made during a 13-month period by signing a Letter of Intent (Letter). File your Letter with Fidelity no later than the date of the initial purchase toward completing your Letter. Each Class A or Class M purchase you make toward completing your Letter will be entitled to the reduced front-end sales charge applicable to the total investment indicated in the Letter. Purchases of the following may be aggregated for the purpose of completing your Letter: (i) Class A and Class M shares of any Fidelity® fund that offers Advisor classes of shares (except those acquired by exchange from Daily Money Class shares of a fund that offers Daily Money Class shares that had been previously exchanged from a Fidelity® fund that offers Advisor classes of shares), (ii) Class C shares of any Fidelity® fund that offers Advisor classes of shares, (iii) Advisor C Class shares of Fidelity® Treasury Money Market Fund, and (iv) Class A Units (New and Old), Class C Units, Class D Units, and Class P Units of the Fidelity Advisor® 529 Plan. Reinvested income and capital gain distributions will not be considered purchases for the purpose of completing your Letter. Purchases may be aggregated across multiple intermediaries for the purpose of qualifying for the Letter of Intent program. Your initial purchase toward completing your Letter must be at least 5% of the total investment specified in your Letter. Fidelity will register Class A or Class M shares equal to 5% of the total investment specified in your Letter in your name and will hold those shares in escrow. You will earn income, dividends and capital gain distributions on escrowed Class A and Class M shares. The escrow will be released when you complete your Letter. You are not obligated to complete your Letter. If you do not complete your Letter, you must pay the increased front-end sales charges due in accordance with the sales charge schedule in effect when your shares were originally bought. Fidelity may redeem sufficient escrowed Class A or Class M shares to pay any applicable front-end sales charges. If you purchase more than the amount specified in your Letter and qualify for additional Class A or Class M front-end sales charge reductions, the front-end sales charge will be adjusted to reflect your total purchase at the end of 13 months and the surplus amount will be applied to your purchase of additional Class A or Class M shares at the then-current offering price applicable to the total investment.

Detailed information about these programs also is available on institutional.fidelity.com. In order to obtain the benefit of a front-end sales charge reduction for which you may be eligible, you may need to inform your investment professional of other accounts you, your spouse, or your children maintain with your investment professional or other investment professionals from the same intermediary.

Class C shares may, upon redemption less than one year after purchase, for any reason, be assessed a CDSC of 1.00%. The actual CDSC you pay may be higher or lower than that calculated using this percentage due to rounding. The impact of rounding may vary with the amount of your investment and the size of the class's NAV.

Investment professionals will receive as compensation from FDC, at the time of the sale, a concession equal to 1.00% of your purchase of Class C shares. A concession will not apply to Class C shares acquired through reinvestment of dividends or capital gain distributions.

The CDSC for Class A, Class M, and Class C shares will be calculated based on the lesser of the cost of each class's shares, as applicable, at the initial date of purchase or the value of those shares, as applicable, at redemption, not including any reinvested dividends or capital gains. Class A, Class M, and Class C shares acquired through reinvestment of dividends or capital gain distributions will not be subject to a CDSC. In determining the applicability and rate of any CDSC at redemption, shares representing reinvested dividends and capital gains will be redeemed first, followed by those shares that have been held for the longest period of time.

A front-end sales charge will not apply to the following Class A or Class M shares:

1. Purchased for an employee benefit plan other than a plan investing through the Fidelity Advisor® 403(b) program. For this purpose, employee benefit plans generally include 401(a), 401(k), 403(b), and 457(b) governmental plans, but do not include: IRAs, SIMPLE, SEP, or SARSEP plans; or health savings accounts.

2. Purchased for an insurance company separate account.
3. Purchased for managed account programs that charge an asset-based fee by a broker-dealer, registered investment adviser, insurance company, trust institution or bank trust department.
4. Purchased with the proceeds of a redemption of Fidelity® or Fidelity Advisor® fund shares held in (i) an insurance company separate account, or (ii) an employee benefit plan (as described in waiver number 1 above, including the Fidelity Advisor® 403(b) program), the proceeds of which must be reinvested directly into Fidelity Advisor® fund shares held in an account for which Fidelity Management Trust Company or an affiliate serves as custodian.
5. Purchased with any proceeds of a distribution from a Fidelity® recordkept employee benefit plan (as described in waiver number 1 above, including the Fidelity Advisor® 403(b) program) that is rolled directly into a Fidelity Advisor® IRA for which Fidelity Management Trust Company or an affiliate serves as custodian.
6. Purchased by a bank trust officer, registered representative, or other employee (or a member of one of their immediate families) of intermediaries having agreements with FDC. A member of the immediate family of a bank trust officer, a registered representative, or other employee of intermediaries having agreements with FDC, is a spouse of one of those individuals, an account for which one of those individuals is acting as custodian for a minor child, and a trust account that is registered for the sole benefit of a minor child of one of those individuals.
7. Purchased to repay a loan against Class A or Class M shares held in the investor's Fidelity Advisor® 403(b) program.
8. Purchased for an employer-sponsored health savings account.
9. (Applicable only to Class A) Purchased by a former Destiny® Planholder in a Fidelity Advisor® account that was converted directly from a Destiny® Plan account after September 30, 2008. This waiver shall apply as long as the ownership of the Fidelity Advisor® account does not change. If the Fidelity Advisor® account is no longer directly held at Fidelity, your intermediary may be able to apply the waiver, assuming the stated conditions are met. Please contact your investment professional for more information.
10. Purchased for a mutual fund only brokerage platform that charges a platform entrance fee and where the distributor has agreed with the broker to participate in such platform.

Pursuant to Rule 22d-1 under the 1940 Act, FDC exercises its right to waive Class A's and Class M's front-end sales charge on shares acquired through reinvestment of dividends and capital gain distributions or in connection with a fund's merger with or acquisition of any investment company or trust. FDC also exercises its right to waive Class A's and Class M's front-end sales charge on purchases of $10.00 or less.

The CDSC may be waived on the redemption of shares (applies to Class A, Class M, and Class C, unless otherwise noted):

1. For disability or death.

2. From employer-sponsored retirement plans (except SIMPLE IRAs, SEPs, and SARSEPs) in accordance with required minimum distributions as mandated by the Internal Revenue Code and related regulations.
3. For required minimum distributions from Traditional IRAs, Rollover IRAs, SIMPLE IRAs, SEPs, and SARSEPs (excludes Roth accounts) as mandated by the Internal Revenue Code and related regulations.
4. Through the Fidelity Advisor® Systematic Withdrawal Program, if the amount does not exceed 12% of the account balance in a rolling 12-month period.
5. (Applicable to Class A and Class M only) Held by insurance company separate accounts.
6. (Applicable to Class A and Class M only) From an employee benefit plan (except SIMPLE IRAs, SEPs, SARSEPs, and plans covering self-employed individuals and their employees) or 403(b) programs (except Fidelity Advisor® 403(b) programs for which Fidelity or an affiliate serves as custodian).
7. (Applicable to Class A and Class M only) On which a finder's fee was eligible to be paid to an investment professional at the time of purchase, but was not paid because payment was declined (to determine your eligibility for this CDSC waiver, please ask your investment professional if he or she received a finder's fee at the time of purchase).
8. (Applicable to Class C only) On which investment professionals did not receive a concession at the time of purchase.

To qualify for a Class A or Class M front-end sales charge reduction or waiver, you must notify Fidelity in advance of your purchase.

You may be required to notify Fidelity in advance of your redemption to qualify for a Class A, Class M, or Class C CDSC waiver.

Information on sales charge reductions and waivers is available free of charge on institutional.fidelity.com.

Finder's Fees. Finder's fees may be paid to investment professionals who sell Class A and Class M shares in purchase amounts of $1 million or more. For Class A share purchases, investment professionals may be compensated at the time of purchase with a finder's fee at the rate of 1.00% of the purchase amount for purchases of $1 million up to $4 million, 0.50% of the purchase amount for purchases of $4 million up to $25 million, and 0.25% of the purchase amount for purchases of $25 million or more. For Class M share purchases, investment professionals may be compensated at the time of purchase with a finder's fee at the rate of 0.25% of the purchase amount.

Investment professionals may be eligible for a finder's fee on the following purchases of Class A and Class M shares made through broker-dealers and banks: a trade that brings the value of the accumulated account(s) of an investor, including a 403(b) program or an employee benefit plan (except a SEP or SARSEP plan or a plan covering self-employed individuals and their employees (formerly a Keogh/H.R. 10 plan)), over $1 million; a trade for an investor with an accumulated account value of $1 million or more; and an incremental trade toward an investor's $1 million Letter.

Accumulated account value for purposes of finder's fees eligibility is determined the same as it is for Rights of Accumulation. Daily Money Class shares of a fund that offers Daily Money Class shares are not counted for this purpose unless acquired by exchange from any Fidelity® fund that offers Advisor classes of shares. For information, see "Combined Purchase, Rights of Accumulation, and Letter of Intent Programs" above.

Finder's fees are not paid in connection with purchases of Class A or Class M shares by insurance company separate accounts or managed account programs that charge an asset-based fee, or purchases of Class A or Class M shares made with the proceeds from the redemption of shares of any Fidelity® fund or any retirement plan recordkept at Fidelity.

Investment professionals should contact Fidelity in advance to determine if they qualify to receive a finder's fee. Finder's fees will be paid in connection with shares recordkept in a Fidelity Advisor® 401(k) Retirement Plan only at the time of the initial conversion of assets. Investment professionals should contact Fidelity for more information.

Reinstatement Privilege. If you have sold all or part of your Class A, Class M, or Class C shares of a fund, you may reinvest an amount equal to all or a portion of the redemption proceeds in the same class of the fund or another Fidelity® fund that offers Advisor classes of shares, at the NAV next determined after receipt in proper form of your investment order, provided that such reinvestment is made within 90 days of redemption. Under these circumstances, the dollar amount of the CDSC you paid, if any, on shares will be reimbursed to you by reinvesting that amount in Class A, Class M, or Class C shares, as applicable.

You must reinstate your shares into an account with the same registration. This privilege may be exercised only once by a shareholder with respect to a fund and certain restrictions may apply. For purposes of the CDSC schedule, the holding period will continue as if the Class A, Class M, or Class C shares had not been redeemed. To qualify for the reinstatement privilege, you must notify Fidelity in writing in advance of your reinvestment.

Distribution and Service Plan(s)

Class A of each fund has adopted a Distribution and Service Plan pursuant to Rule 12b-1 under the 1940 Act. Under the plan, Class A of each fund is authorized to pay FDC a monthly 12b-1 (distribution) fee as compensation for providing services intended to result in the sale of Class A shares. Class A of each fund may pay this 12b-1 (distribution) fee at an annual rate of 0.50% of its average net assets, or such lesser amount as the Trustees may determine from time to time. Currently, the Trustees have not approved such payments. The Trustees may approve 12b-1 (distribution) fee payments at an annual rate of up to 0.50% of Class A's average net assets when the Trustees believe that it is in the best interests of Class A shareholders to do so.

In addition, pursuant to each Class A plan, Class A of each fund pays FDC a monthly 12b-1 (service) fee at an annual rate of 0.25% of Class A's average net assets throughout the month for providing shareholder support services.

Except as provided below, FDC may reallow up to the full amount of this 12b-1 (service) fee to intermediaries, including its affiliates, for providing shareholder support services.

For purchases of Class A shares on which a finder's fee was paid to intermediaries, after the first year of investment, FDC may reallow up to the full amount of the 12b-1 (service) fee paid by such shares to intermediaries, including its affiliates, for providing shareholder support services.

Class M of each fund has adopted a Distribution and Service Plan pursuant to Rule 12b-1 under the 1940 Act. Under the plan, Class M of each fund is authorized to pay FDC a monthly 12b-1 (distribution) fee as compensation for providing services intended to result in the sale of Class M shares. Class M of each fund (except Fidelity Advisor® Energy Fund) may pay this 12b-1 (distribution) fee at an annual rate of 0.50% of its average net assets, or such lesser amount as the Trustees may determine from time to time. Class M of Fidelity Advisor® Energy Fund may pay this 12b-1 (distribution) fee at an annual rate of 0.40% of its average net assets, or such lesser amount as the Trustees may determine from time to time. Class M of each fund currently pays FDC a monthly 12b-1 (distribution) fee at an annual rate of 0.25% of its average net assets throughout the month. Class M's 12b-1 (distribution) fee rate for each fund may be increased only when the Trustees believe that it is in the best interests of Class M shareholders to do so.

FDC may reallow up to the full amount of this 12b-1 (distribution) fee to intermediaries, including its affiliates, for providing services intended to result in the sale of Class M shares.

In addition, pursuant to each Class M plan, Class M of each fund pays FDC a monthly 12b-1 (service) fee at an annual rate of 0.25% of Class M's average net assets throughout the month for providing shareholder support services.

FDC may reallow up to the full amount of this 12b-1 (service) fee to intermediaries, including its affiliates, for providing shareholder support services.

Class C of each fund has adopted a Distribution and Service Plan pursuant to Rule 12b-1 under the 1940 Act. Under the plan, Class C of each fund is authorized to pay FDC a monthly 12b-1 (distribution) fee as compensation for providing services intended to result in the sale of Class C shares. Class C of each fund currently pays FDC a monthly 12b-1 (distribution) fee at an annual rate of 0.75% of its average net assets throughout the month.

In addition, pursuant to each Class C plan, Class C of each fund pays FDC a monthly 12b-1 (service) fee at an annual rate of 0.25% of Class C's average net assets throughout the month for providing shareholder support services.

Normally, after the first year of investment, FDC may reallow up to the full amount of the 12b-1 (distribution) fees to intermediaries, including its affiliates, for providing services intended to result in the sale of Class C shares and may reallow up to the full amount of the 12b-1 (service) fee to intermediaries, including its affiliates, for providing shareholder support services.

For purchases of Class C shares made through reinvestment of dividends or capital gain distributions, during the first year of investment and thereafter, FDC may reallow up to the full amount of this 12b-1 (distribution) fee paid by such shares to intermediaries, including its affiliates, for providing services intended to result in the sale of Class C shares and may reallow up to the full amount of this 12b-1 (service) fee paid by such shares to intermediaries, including its affiliates, for providing shareholder support services.

Any fees paid out of Class A's, Class M's, and Class C's assets on an ongoing basis pursuant to a Distribution and Service Plan will increase the cost of your investment and may cost you more than paying other types of sales charges.

In addition to the above payments, each Class A, Class M, and Class C plan specifically recognizes that the Adviser may make payments from its management fee revenue, past profits, or other resources to FDC for expenses incurred in connection with providing services intended to result in the sale of Class A, Class M, and Class C shares and/or shareholder support services. The Adviser, directly or through FDC or one or more affiliates, may pay significant amounts to intermediaries that provide those services. Currently, the Board of Trustees of each fund has authorized such payments for Class A, Class M, and Class C.

Each of Class I and Class Z of each fund has adopted a Distribution and Service Plan pursuant to Rule 12b-1 under the 1940 Act that recognizes that the Adviser may use its management fee revenues, as well as its past profits or its resources from any other source, to pay FDC for expenses incurred in connection with providing services intended to result in the sale of Class I and Class Z shares and/or shareholder support services. The Adviser, directly or through FDC, may pay significant amounts to intermediaries that provide those services. Currently, the Board of Trustees of each fund has authorized such payments for Class I and Class Z.

If payments made by the Adviser to FDC or to intermediaries under Class I's and Class Z's Distribution and Service Plan were considered to be paid out of Class I's and Class Z's assets on an ongoing basis, they might increase the cost of your investment and might cost you more than paying other types of sales charges.

No dealer, sales representative, or any other person has been authorized to give any information or to make any representations, other than those contained in this prospectus and in the related SAI, in connection with the offer contained in this prospectus. If given or made, such other information or representations must not be relied upon as having been authorized by the funds or FDC. This prospectus and the related SAI do not constitute an offer by the funds or by FDC to sell shares of the funds to, or to buy shares of the funds from, any person to whom it is unlawful to make such offer.

Appendix

Financial Highlights

Financial Highlights are intended to help you understand the financial history of fund shares for the past 5 years (or, if shorter, the period of operations). Certain information reflects financial results for a single share. The total returns in the table represent the rate that an investor would have earned (or lost) on an investment in shares (assuming reinvestment of all dividends and distributions). The annual information has been audited by Deloitte & Touche LLP, independent registered public accounting firm, whose report, along with fund financial statements, is included in the annual report. Annual reports are available for free upon request.

Fidelity Advisor® Biotechnology Fund Class A

Years ended July 31,		2023		2022		2021		2020		2019
Selected Per-Share Data
Net asset value, beginning of period	$	22.00	$	32.58	$	31.03	$	25.48	$	27.80
Income from Investment Operations
Net investment income (loss) A,B		.02		(.06)		.07		.03		.03
Net realized and unrealized gain (loss)		3.32		(5.16)		4.42		7.40		(1.76)
Total from investment operations		3.34		(5.22)		4.49		7.43		(1.73)
Distributions from net investment income		-		(.11)		(.13)		-		-
Distributions from net realized gain		-		(5.25)		(2.81)		(1.88)		(.59)
Total distributions		-		(5.36)		(2.94)		(1.88)		(.59)
Net asset value, end of period	$	25.34	$	22.00	$	32.58	$	31.03	$	25.48
Total Return C,D		15.18%		(18.95)%		14.03%		30.00%		(6.17)%
Ratios to Average Net Assets B,E,F
Expenses before reductions		1.01%		1.00%		1.01%		1.02%		1.04%
Expenses net of fee waivers, if any		1.00%		1.00%		1.00%		1.02%		1.03%
Expenses net of all reductions		1.00%		1.00%		1.00%		1.02%		1.03%
Net investment income (loss)		.07%		(.23)%		.20%		.11%		.13%
Supplemental Data
Net assets, end of period (000 omitted)	$	636,505	$	594,911	$	808,610	$	722,896	$	616,894
Portfolio turnover rate G		78%		43%		72%		66%		62%

ACalculated based on average shares outstanding during the period.

BNet investment income (loss) is affected by the timing of the declaration of dividends by any underlying mutual funds or exchange-traded funds (ETFs). Net investment income (loss) of any mutual funds or ETFs is not included in the Fund's net investment income (loss) ratio.

CTotal returns would have been lower if certain expenses had not been reduced during the applicable periods shown.

DTotal returns do not include the effect of the sales charges.

EFees and expenses of any underlying mutual funds or exchange-traded funds (ETFs) are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of these expenses. For additional expense information related to investments in Fidelity Central Funds, please refer to the "Investments in Fidelity Central Funds" note found in the Notes to Financial Statements section of the most recent Annual or Semi-Annual report.

FExpense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed, waived, or reduced through arrangements with the investment adviser, brokerage services, or other offset arrangements, if applicable, and do not represent the amount paid by the class during periods when reimbursements, waivers or reductions occur.

GAmount does not include the portfolio activity of any underlying mutual funds or exchange-traded funds (ETFs).

Fidelity Advisor® Biotechnology Fund Class M

Years ended July 31,		2023		2022		2021		2020		2019
Selected Per-Share Data
Net asset value, beginning of period	$	20.17	$	30.35	$	29.08	$	24.02	$	26.32
Income from Investment Operations
Net investment income (loss) A,B		(.05)		(.13)		(.02)		(.05)		(.04)
Net realized and unrealized gain (loss)		3.05		(4.73)		4.14		6.96		(1.67)
Total from investment operations		3.00		(4.86)		4.12		6.91		(1.71)
Distributions from net investment income		-		(.07)		(.07)		-		-
Distributions from net realized gain		-		(5.25)		(2.78)		(1.85)		(.59)
Total distributions		-		(5.32)		(2.85)		(1.85)		(.59)
Net asset value, end of period	$	23.17	$	20.17	$	30.35	$	29.08	$	24.02
Total Return C,D		14.87%		(19.18)%		13.69%		29.64%		(6.44)%
Ratios to Average Net Assets B,E,F
Expenses before reductions		1.29%		1.28%		1.28%		1.32%		1.34%
Expenses net of fee waivers, if any		1.28%		1.28%		1.28%		1.32%		1.34%
Expenses net of all reductions		1.28%		1.28%		1.28%		1.31%		1.34%
Net investment income (loss)		(.20)%		(.51)%		(.07)%		(.18)%		(.18)%
Supplemental Data
Net assets, end of period (000 omitted)	$	113,960	$	109,815	$	161,619	$	144,568	$	119,312
Portfolio turnover rate G		78%		43%		72%		66%		62%

ACalculated based on average shares outstanding during the period.

CTotal returns would have been lower if certain expenses had not been reduced during the applicable periods shown.

DTotal returns do not include the effect of the sales charges.

GAmount does not include the portfolio activity of any underlying mutual funds or exchange-traded funds (ETFs).

Fidelity Advisor® Biotechnology Fund Class C

Years ended July 31,		2023		2022		2021		2020		2019
Selected Per-Share Data
Net asset value, beginning of period	$	17.27	$	26.79	$	25.97	$	21.71	$	23.96
Income from Investment Operations
Net investment income (loss) A,B		(.13)		(.21)		(.15)		(.15)		(.14)
Net realized and unrealized gain (loss)		2.61		(4.07)		3.71		6.26		(1.52)
Total from investment operations		2.48		(4.28)		3.56		6.11		(1.66)
Distributions from net investment income		-		-		(.01)		-		-
Distributions from net realized gain		-		(5.24)		(2.73)		(1.85)		(.59)
Total distributions		-		(5.24)		(2.74)		(1.85)		(.59)
Net asset value, end of period	$	19.75	$	17.27	$	26.79	$	25.97	$	21.71
Total Return C,D		14.36%		(19.54)%		13.15%		29.07%		(6.87)%
Ratios to Average Net Assets B,E,F
Expenses before reductions		1.76%		1.75%		1.75%		1.77%		1.78%
Expenses net of fee waivers, if any		1.76%		1.74%		1.75%		1.77%		1.77%
Expenses net of all reductions		1.76%		1.74%		1.75%		1.76%		1.77%
Net investment income (loss)		(.69)%		(.97)%		(.55)%		(.63)%		(.61)%
Supplemental Data
Net assets, end of period (000 omitted)	$	119,843	$	168,797	$	328,417	$	384,420	$	398,749
Portfolio turnover rate G		78%		43%		72%		66%		62%

ACalculated based on average shares outstanding during the period.

CTotal returns would have been lower if certain expenses had not been reduced during the applicable periods shown.

DTotal returns do not include the effect of the contingent deferred sales charge.

GAmount does not include the portfolio activity of any underlying mutual funds or exchange-traded funds (ETFs).

Fidelity Advisor® Biotechnology Fund Class I

Years ended July 31,		2023		2022		2021		2020		2019
Selected Per-Share Data
Net asset value, beginning of period	$	23.99	$	35.00	$	33.16	$	27.08	$	29.42
Income from Investment Operations
Net investment income (loss) A,B		.09		.01		.17		.11		.11
Net realized and unrealized gain (loss)		3.63		(5.61)		4.72		7.88		(1.86)
Total from investment operations		3.72		(5.60)		4.89		7.99		(1.75)
Distributions from net investment income		-		(.16)		(.21)		-		-
Distributions from net realized gain		-		(5.25)		(2.85)		(1.91)		(.59)
Total distributions		-		(5.41)		(3.05) C		(1.91)		(.59)
Net asset value, end of period	$	27.71	$	23.99	$	35.00	$	33.16	$	27.08
Total Return D		15.51%		(18.74)%		14.34%		30.32%		(5.89)%
Ratios to Average Net Assets B,E,F
Expenses before reductions		.74%		.73%		.74%		.75%		.76%
Expenses net of fee waivers, if any		.73%		.73%		.74%		.75%		.76%
Expenses net of all reductions		.73%		.73%		.74%		.75%		.76%
Net investment income (loss)		.34%		.04%		.47%		.38%		.40%
Supplemental Data
Net assets, end of period (000 omitted)	$	701,786	$	697,079	$	1,129,492	$	1,092,145	$	1,006,084
Portfolio turnover rate G		78%		43%		72%		66%		62%

ACalculated based on average shares outstanding during the period.

CTotal distributions per share do not sum due to rounding.

DTotal returns would have been lower if certain expenses had not been reduced during the applicable periods shown.

GAmount does not include the portfolio activity of any underlying mutual funds or exchange-traded funds (ETFs).

Fidelity Advisor® Biotechnology Fund Class Z

Years ended July 31,		2023		2022		2021		2020		2019 A
Selected Per-Share Data
Net asset value, beginning of period	$	24.04	$	35.05	$	33.22	$	27.10	$	30.06
Income from Investment Operations
Net investment income (loss) B,C		.13		.05		.21		.15		.16
Net realized and unrealized gain (loss)		3.64		(5.62)		4.74		7.90		(2.53)
Total from investment operations		3.77		(5.57)		4.95		8.05		(2.37)
Distributions from net investment income		-		(.19)		(.26)		(.02)		-
Distributions from net realized gain		-		(5.25)		(2.87)		(1.91)		(.59)
Total distributions		-		(5.44)		(3.12) D		(1.93)		(.59)
Net asset value, end of period	$	27.81	$	24.04	$	35.05	$	33.22	$	27.10
Total Return E,F		15.68%		(18.63)%		14.49%		30.53%		(7.83)%
Ratios to Average Net Assets C,G,H
Expenses before reductions		.61%		.61%		.61%		.62%		.63% I
Expenses net of fee waivers, if any		.60%		.60%		.61%		.62%		.63% I
Expenses net of all reductions		.60%		.60%		.61%		.62%		.62% I
Net investment income (loss)		.47%		.16%		.60%		.51%		.73% I
Supplemental Data
Net assets, end of period (000 omitted)	$	61,044	$	62,729	$	89,641	$	62,743	$	30,116
Portfolio turnover rate J		78%		43%		72%		66%		62%

AFor the period October 2, 2018 (commencement of sale of shares) through July 31, 2019.

BCalculated based on average shares outstanding during the period.

CNet investment income (loss) is affected by the timing of the declaration of dividends by any underlying mutual funds or exchange-traded funds (ETFs). Net investment income (loss) of any mutual funds or ETFs is not included in the Fund's net investment income (loss) ratio.

DTotal distributions per share do not sum due to rounding.

ETotal returns for periods of less than one year are not annualized.

FTotal returns would have been lower if certain expenses had not been reduced during the applicable periods shown.

GFees and expenses of any underlying mutual funds or exchange-traded funds (ETFs) are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of these expenses. For additional expense information related to investments in Fidelity Central Funds, please refer to the "Investments in Fidelity Central Funds" note found in the Notes to Financial Statements section of the most recent Annual or Semi-Annual report.

HExpense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed, waived, or reduced through arrangements with the investment adviser, brokerage services, or other offset arrangements, if applicable, and do not represent the amount paid by the class during periods when reimbursements, waivers or reductions occur.

IAnnualized.

JAmount does not include the portfolio activity of any underlying mutual funds or exchange-traded funds (ETFs).

Fidelity Advisor® Consumer Discretionary Fund Class A

Years ended July 31,		2023		2022		2021		2020		2019
Selected Per-Share Data
Net asset value, beginning of period	$	35.05	$	45.74	$	33.70	$	29.83	$	28.22
Income from Investment Operations
Net investment income (loss) A,B		(.09)		(.16)		(.20)		(.04)		(.02)
Net realized and unrealized gain (loss)		4.07		(7.62)		12.82		4.73		1.90
Total from investment operations		3.98		(7.78)		12.62		4.69		1.88
Distributions from net realized gain		(1.35)		(2.91)		(.58)		(.82)		(.27)
Total distributions		(1.35)		(2.91)		(.58)		(.82)		(.27)
Net asset value, end of period	$	37.68	$	35.05	$	45.74	$	33.70	$	29.83
Total Return C,D		12.14%		(18.26)%		37.68%		16.03%		6.81%
Ratios to Average Net Assets B,E,F
Expenses before reductions		1.04%		1.01%		1.03%		1.07%		1.08%
Expenses net of fee waivers, if any		1.04%		1.01%		1.03%		1.07%		1.08%
Expenses net of all reductions		1.04%		1.01%		1.03%		1.06%		1.07%
Net investment income (loss)		(.27)%		(.38)%		(.48)%		(.14)%		(.09)%
Supplemental Data
Net assets, end of period (000 omitted)	$	203,468	$	188,092	$	259,488	$	159,603	$	159,298
Portfolio turnover rate G		43%		34%		35%		41% H		60%

ACalculated based on average shares outstanding during the period.

CTotal returns would have been lower if certain expenses had not been reduced during the applicable periods shown.

DTotal returns do not include the effect of the sales charges.

GAmount does not include the portfolio activity of any underlying mutual funds or exchange-traded funds (ETFs).

HPortfolio turnover rate excludes securities received or delivered in-kind.

Fidelity Advisor® Consumer Discretionary Fund Class M

Years ended July 31,		2023		2022		2021		2020		2019
Selected Per-Share Data
Net asset value, beginning of period	$	32.20	$	42.23	$	31.23	$	27.78	$	26.36
Income from Investment Operations
Net investment income (loss) A,B		(.16)		(.24)		(.29)		(.11)		(.09)
Net realized and unrealized gain (loss)		3.71		(7.02)		11.87		4.38		1.78
Total from investment operations		3.55		(7.26)		11.58		4.27		1.69
Distributions from net realized gain		(1.35)		(2.77)		(.58)		(.82)		(.27)
Total distributions		(1.35)		(2.77)		(.58)		(.82)		(.27)
Net asset value, end of period	$	34.40	$	32.20	$	42.23	$	31.23	$	27.78
Total Return C,D		11.87%		(18.49)%		37.32%		15.70%		6.56%
Ratios to Average Net Assets B,E,F
Expenses before reductions		1.31%		1.28%		1.30%		1.34%		1.34%
Expenses net of fee waivers, if any		1.30%		1.27%		1.30%		1.34%		1.34%
Expenses net of all reductions		1.30%		1.27%		1.29%		1.33%		1.34%
Net investment income (loss)		(.53)%		(.64)%		(.75)%		(.41)%		(.35)%
Supplemental Data
Net assets, end of period (000 omitted)	$	35,811	$	35,219	$	48,288	$	33,896	$	32,792
Portfolio turnover rate G		43%		34%		35%		41% H		60%

ACalculated based on average shares outstanding during the period.

CTotal returns would have been lower if certain expenses had not been reduced during the applicable periods shown.

DTotal returns do not include the effect of the sales charges.

GAmount does not include the portfolio activity of any underlying mutual funds or exchange-traded funds (ETFs).

HPortfolio turnover rate excludes securities received or delivered in-kind.

Fidelity Advisor® Consumer Discretionary Fund Class C

Years ended July 31,		2023		2022		2021		2020		2019
Selected Per-Share Data
Net asset value, beginning of period	$	26.92	$	35.82	$	26.69	$	23.97	$	22.90
Income from Investment Operations
Net investment income (loss) A,B		(.25)		(.36)		(.40)		(.21)		(.19)
Net realized and unrealized gain (loss)		3.03		(5.87)		10.11		3.75		1.53
Total from investment operations		2.78		(6.23)		9.71		3.54		1.34
Distributions from net realized gain		(1.35)		(2.67)		(.58)		(.82)		(.27)
Total distributions		(1.35)		(2.67)		(.58)		(.82)		(.27)
Net asset value, end of period	$	28.35	$	26.92	$	35.82	$	26.69	$	23.97
Total Return C,D		11.32%		(18.88)%		36.66%		15.14%		6.02%
Ratios to Average Net Assets B,E,F
Expenses before reductions		1.80%		1.77%		1.79%		1.82%		1.83%
Expenses net of fee waivers, if any		1.79%		1.76%		1.79%		1.82%		1.83%
Expenses net of all reductions		1.79%		1.76%		1.79%		1.82%		1.82%
Net investment income (loss)		(1.02)%		(1.13)%		(1.24)%		(.90)%		(.83)%
Supplemental Data
Net assets, end of period (000 omitted)	$	43,294	$	54,035	$	85,549	$	65,223	$	70,890
Portfolio turnover rate G		43%		34%		35%		41% H		60%

ACalculated based on average shares outstanding during the period.

CTotal returns would have been lower if certain expenses had not been reduced during the applicable periods shown.

DTotal returns do not include the effect of the contingent deferred sales charge.

GAmount does not include the portfolio activity of any underlying mutual funds or exchange-traded funds (ETFs).

HPortfolio turnover rate excludes securities received or delivered in-kind.

Fidelity Advisor® Consumer Discretionary Fund Class I

Years ended July 31,		2023		2022		2021		2020		2019
Selected Per-Share Data
Net asset value, beginning of period	$	38.45	$	49.91	$	36.63	$	32.27	$	30.42
Income from Investment Operations
Net investment income (loss) A,B		- C		(.05)		(.10)		.04		.06
Net realized and unrealized gain (loss)		4.51		(8.36)		13.96		5.14		2.06
Total from investment operations		4.51		(8.41)		13.86		5.18		2.12
Distributions from net realized gain		(1.35)		(3.05)		(.58)		(.82)		(.27)
Total distributions		(1.35)		(3.05)		(.58)		(.82)		(.27)
Net asset value, end of period	$	41.61	$	38.45	$	49.91	$	36.63	$	32.27
Total Return D		12.45%		(18.04)%		38.05%		16.34%		7.10%
Ratios to Average Net Assets B,E,F
Expenses before reductions		.77%		.75%		.77%		.79%		.80%
Expenses net of fee waivers, if any		.76%		.74%		.76%		.79%		.80%
Expenses net of all reductions		.76%		.74%		.76%		.79%		.80%
Net investment income (loss)		.01%		(.11)%		(.22)%		.13%		.19%
Supplemental Data
Net assets, end of period (000 omitted)	$	139,088	$	118,859	$	259,846	$	134,907	$	159,613
Portfolio turnover rate G		43%		34%		35%		41% H		60%

ACalculated based on average shares outstanding during the period.

CAmount represents less than $.005 per share.

DTotal returns would have been lower if certain expenses had not been reduced during the applicable periods shown.

GAmount does not include the portfolio activity of any underlying mutual funds or exchange-traded funds (ETFs).

HPortfolio turnover rate excludes securities received or delivered in-kind.

Fidelity Advisor® Consumer Discretionary Fund Class Z

Years ended July 31,		2023		2022		2021		2020		2019 A
Selected Per-Share Data
Net asset value, beginning of period	$	38.59	$	50.10	$	36.72	$	32.31	$	31.56
Income from Investment Operations
Net investment income (loss) B,C		.05		- D		(.04)		.09		.10
Net realized and unrealized gain (loss)		4.53		(8.38)		14.00		5.14		.92
Total from investment operations		4.58		(8.38)		13.96		5.23		1.02
Distributions from net realized gain		(1.35)		(3.13)		(.58)		(.82)		(.27)
Total distributions		(1.35)		(3.13)		(.58)		(.82)		(.27)
Net asset value, end of period	$	41.82	$	38.59	$	50.10	$	36.72	$	32.31
Total Return E,F		12.59%		(17.93)%		38.23%		16.48%		3.36%
Ratios to Average Net Assets C,G,H
Expenses before reductions		.64%		.62%		.64%		.66%		.67% I
Expenses net of fee waivers, if any		.64%		.62%		.64%		.66%		.66% I
Expenses net of all reductions		.64%		.62%		.64%		.66%		.66% I
Net investment income (loss)		.13%		.01%		(.09)%		.26%		.39% I
Supplemental Data
Net assets, end of period (000 omitted)	$	86,450	$	44,785	$	87,644	$	48,668	$	6,786
Portfolio turnover rate J		43%		34%		35%		41% K		60%

AFor the period October 2, 2018 (commencement of sale of shares) through July 31, 2019.

BCalculated based on average shares outstanding during the period.

DAmount represents less than $.005 per share.

ETotal returns for periods of less than one year are not annualized.

FTotal returns would have been lower if certain expenses had not been reduced during the applicable periods shown.

IAnnualized.

JAmount does not include the portfolio activity of any underlying mutual funds or exchange-traded funds (ETFs).

KPortfolio turnover rate excludes securities received or delivered in-kind.

Fidelity Advisor® Energy Fund Class A

Years ended July 31,		2023		2022		2021		2020		2019
Selected Per-Share Data
Net asset value, beginning of period	$	39.49	$	23.59	$	16.59	$	27.88	$	37.52
Income from Investment Operations
Net investment income (loss) A,B		.96		.80		.65 C		.57		.35
Net realized and unrealized gain (loss)		5.26		15.68		6.94		(11.42)		(9.76)
Total from investment operations		6.22		16.48		7.59		(10.85)		(9.41)
Distributions from net investment income		(.90)		(.58)		(.59)		(.44)		(.18) D
Distributions from net realized gain		-		-		-		-		(.05) D
Total distributions		(.90)		(.58)		(.59)		(.44)		(.23)
Net asset value, end of period	$	44.81	$	39.49	$	23.59	$	16.59	$	27.88
Total Return E,F		15.94%		71.12%		46.78%		(39.54)%		(25.07)%
Ratios to Average Net Assets B,G,H
Expenses before reductions		1.01%		1.05%		1.11%		1.14%		1.10%
Expenses net of fee waivers, if any		1.01%		1.04%		1.11%		1.14%		1.10%
Expenses net of all reductions		1.01%		1.04%		1.11%		1.12%		1.09%
Net investment income (loss)		2.29%		2.43%		3.15% C		2.62%		1.14%
Supplemental Data
Net assets, end of period (000 omitted)	$	379,351	$	361,023	$	175,221	$	114,321	$	190,992
Portfolio turnover rate I		21%		37%		45%		84% J		47%

ACalculated based on average shares outstanding during the period.

CNet investment income per share reflects one or more large, non-recurring dividend(s) which amounted to $.11 per share. Excluding such non-recurring dividend(s), the ratio of net investment income (loss) to average net assets would have been 2.60%.

DThe amount shown reflects reclassifications related to book to tax differences that were made in the year shown.

ETotal returns would have been lower if certain expenses had not been reduced during the applicable periods shown.

FTotal returns do not include the effect of the sales charges.

IAmount does not include the portfolio activity of any underlying mutual funds or exchange-traded funds (ETFs).

JPortfolio turnover rate excludes securities received or delivered in-kind.

Fidelity Advisor® Energy Fund Class M

Years ended July 31,		2023		2022		2021		2020		2019
Selected Per-Share Data
Net asset value, beginning of period	$	40.53	$	24.20	$	17.00	$	28.53	$	38.36
Income from Investment Operations
Net investment income (loss) A,B		.88		.73		.60 C		.53		.27
Net realized and unrealized gain (loss)		5.39		16.11		7.13		(11.71)		(9.97)
Total from investment operations		6.27		16.84		7.73		(11.18)		(9.70)
Distributions from net investment income		(.77)		(.51)		(.53)		(.35)		(.08) D
Distributions from net realized gain		-		-		-		-		(.05) D
Total distributions		(.77)		(.51)		(.53)		(.35)		(.13)
Net asset value, end of period	$	46.03	$	40.53	$	24.20	$	17.00	$	28.53
Total Return E,F		15.64%		70.66%		46.37%		(39.66)%		(25.28)%
Ratios to Average Net Assets A,G,H
Expenses before reductions		1.27%		1.31%		1.38%		1.40%		1.37%
Expenses net of fee waivers, if any		1.27%		1.31%		1.38%		1.40%		1.36%
Expenses net of all reductions		1.27%		1.31%		1.38%		1.38%		1.36%
Net investment income (loss)		2.04%		2.16%		2.88% C		2.36%		.88%
Supplemental Data
Net assets, end of period (000 omitted)	$	109,406	$	114,014	$	62,519	$	43,768	$	87,147
Portfolio turnover rate I		21%		37%		45%		84% J		47%

ANet investment income (loss) is affected by the timing of the declaration of dividends by any underlying mutual funds or exchange-traded funds (ETFs). Net investment income (loss) of any mutual funds or ETFs is not included in the Fund's net investment income (loss) ratio.

BCalculated based on average shares outstanding during the period.

DThe amount shown reflects reclassifications related to book to tax differences that were made in the year shown.

ETotal returns would have been lower if certain expenses had not been reduced during the applicable periods shown.

FTotal returns do not include the effect of the sales charges.

IAmount does not include the portfolio activity of any underlying mutual funds or exchange-traded funds (ETFs).

JPortfolio turnover rate excludes securities received or delivered in-kind.

Fidelity Advisor® Energy Fund Class C

Years ended July 31,		2023		2022		2021		2020		2019
Selected Per-Share Data
Net asset value, beginning of period	$	36.08	$	21.60	$	15.23	$	25.58	$	34.39
Income from Investment Operations
Net investment income (loss) A,B		.59		.51		.45 C		.39		.12
Net realized and unrealized gain (loss)		4.80		14.38		6.38		(10.52)		(8.93)
Total from investment operations		5.39		14.89		6.83		(10.13)		(8.81)
Distributions from net investment income		(.64)		(.41)		(.46)		(.22)		-
Total distributions		(.64)		(.41)		(.46)		(.22)		-
Net asset value, end of period	$	40.83	$	36.08	$	21.60	$	15.23	$	25.58
Total Return D,E		15.09%		69.86%		45.68%		(39.95)%		(25.62)%
Ratios to Average Net Assets B,F,G
Expenses before reductions		1.76%		1.79%		1.84%		1.86%		1.82%
Expenses net of fee waivers, if any		1.75%		1.78%		1.84%		1.86%		1.82%
Expenses net of all reductions		1.75%		1.78%		1.84%		1.84%		1.81%
Net investment income (loss)		1.55%		1.69%		2.42% C		1.90%		.42%
Supplemental Data
Net assets, end of period (000 omitted)	$	94,348	$	105,747	$	56,068	$	45,212	$	90,437
Portfolio turnover rate H		21%		37%		45%		84% I		47%

ACalculated based on average shares outstanding during the period.

CNet investment income per share reflects one or more large, non-recurring dividend(s) which amounted to $.10 per share. Excluding such non-recurring dividend(s), the ratio of net investment income (loss) to average net assets would have been 1.88%.

DTotal returns would have been lower if certain expenses had not been reduced during the applicable periods shown.

ETotal returns do not include the effect of the contingent deferred sales charge.

FFees and expenses of any underlying mutual funds or exchange-traded funds (ETFs) are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of these expenses. For additional expense information related to investments in Fidelity Central Funds, please refer to the "Investments in Fidelity Central Funds" note found in the Notes to Financial Statements section of the most recent Annual or Semi-Annual report.

GExpense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed, waived, or reduced through arrangements with the investment adviser, brokerage services, or other offset arrangements, if applicable, and do not represent the amount paid by the class during periods when reimbursements, waivers or reductions occur.

HAmount does not include the portfolio activity of any underlying mutual funds or exchange-traded funds (ETFs).

IPortfolio turnover rate excludes securities received or delivered in-kind.

Fidelity Advisor® Energy Fund Class I

Years ended July 31,		2023		2022		2021		2020		2019
Selected Per-Share Data
Net asset value, beginning of period	$	41.83	$	24.95	$	17.51	$	29.39	$	39.57
Income from Investment Operations
Net investment income (loss) A,B		1.14		.97		.74 C		.67		.47
Net realized and unrealized gain (loss)		5.57		16.57		7.35		(12.02)		(10.31)
Total from investment operations		6.71		17.54		8.09		(11.35)		(9.84)
Distributions from net investment income		(1.00)		(.66)		(.65)		(.53)		(.30) D
Distributions from net realized gain		-		-		-		-		(.05) D
Total distributions		(1.00)		(.66)		(.65)		(.53)		(.34) E
Net asset value, end of period	$	47.54	$	41.83	$	24.95	$	17.51	$	29.39
Total Return F		16.25%		71.63%		47.26%		(39.33)%		(24.85)%
Ratios to Average Net Assets B,G,H
Expenses before reductions		.74%		.76%		.79%		.82%		.80%
Expenses net of fee waivers, if any		.74%		.76%		.79%		.82%		.80%
Expenses net of all reductions		.74%		.76%		.79%		.80%		.79%
Net investment income (loss)		2.57%		2.71%		3.47% C		2.95%		1.44%
Supplemental Data
Net assets, end of period (000 omitted)	$	511,737	$	533,005	$	177,248	$	154,575	$	224,599
Portfolio turnover rate I		21%		37%		45%		84% J		47%

ACalculated based on average shares outstanding during the period.

CNet investment income per share reflects one or more large, non-recurring dividend(s) which amounted to $.12 per share. Excluding such non-recurring dividend(s), the ratio of net investment income (loss) to average net assets would have been 2.93%.

DThe amount shown reflects reclassifications related to book to tax differences that were made in the year shown.

ETotal distributions per share do not sum due to rounding.

FTotal returns would have been lower if certain expenses had not been reduced during the applicable periods shown.

IAmount does not include the portfolio activity of any underlying mutual funds or exchange-traded funds (ETFs).

JPortfolio turnover rate excludes securities received or delivered in-kind.

Fidelity Advisor® Energy Fund Class Z

Years ended July 31,		2023		2022		2021		2020		2019 A
Selected Per-Share Data
Net asset value, beginning of period	$	41.75	$	24.91	$	17.48	$	29.35	$	39.35
Income from Investment Operations
Net investment income (loss) B,C		1.19		1.02		.80 D		.69		.45
Net realized and unrealized gain (loss)		5.56		16.52		7.30		(11.97)		(10.03)
Total from investment operations		6.75		17.54		8.10		(11.28)		(9.58)
Distributions from net investment income		(1.04)		(.70)		(.67)		(.59)		(.37) E
Distributions from net realized gain		-		-		-		-		(.05) E
Total distributions		(1.04)		(.70)		(.67)		(.59)		(.42)
Net asset value, end of period	$	47.46	$	41.75	$	24.91	$	17.48	$	29.35
Total Return F,G		16.40%		71.83%		47.47%		(39.22)%		(24.34)%
Ratios to Average Net Assets C,H,I
Expenses before reductions		.62%		.63%		.65%		.66%		.65% J
Expenses net of fee waivers, if any		.61%		.62%		.64%		.66%		.64% J
Expenses net of all reductions		.61%		.62%		.64%		.64%		.64% J
Net investment income (loss)		2.69%		2.85%		3.62% D		3.10%		1.82% J
Supplemental Data
Net assets, end of period (000 omitted)	$	266,447	$	263,802	$	81,903	$	40,742	$	9,255
Portfolio turnover rate K		21%		37%		45%		84% L		47%

AFor the period October 2, 2018 (commencement of sale of shares) through July 31, 2019.

BCalculated based on average shares outstanding during the period.

DNet investment income per share reflects one or more large, non-recurring dividend(s) which amounted to $.12 per share. Excluding such non-recurring dividend(s), the ratio of net investment income (loss) to average net assets would have been 3.07%.

EThe amount shown reflects reclassifications related to book to tax differences that were made in the year shown.

FTotal returns for periods of less than one year are not annualized.

GTotal returns would have been lower if certain expenses had not been reduced during the applicable periods shown.

HFees and expenses of any underlying mutual funds or exchange-traded funds (ETFs) are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of these expenses. For additional expense information related to investments in Fidelity Central Funds, please refer to the "Investments in Fidelity Central Funds" note found in the Notes to Financial Statements section of the most recent Annual or Semi-Annual report.

IExpense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed, waived, or reduced through arrangements with the investment adviser, brokerage services, or other offset arrangements, if applicable, and do not represent the amount paid by the class during periods when reimbursements, waivers or reductions occur.

JAnnualized.

KAmount does not include the portfolio activity of any underlying mutual funds or exchange-traded funds (ETFs).

LPortfolio turnover rate excludes securities received or delivered in-kind.

Fidelity Advisor® Financials Fund Class A

Years ended July 31,		2023		2022		2021		2020		2019
Selected Per-Share Data
Net asset value, beginning of period	$	26.31	$	28.41	$	18.00	$	21.47	$	21.84
Income from Investment Operations
Net investment income (loss) A,B		.51		.44		.42		.40		.27
Net realized and unrealized gain (loss)		.50		(1.32)		10.55		(3.59)		.07
Total from investment operations		1.01		(.88)		10.97		(3.19)		.34
Distributions from net investment income		(.45)		(.43)		(.45)		(.28)		(.18)
Distributions from net realized gain		(1.03)		(.80)		(.11)		-		(.53)
Total distributions		(1.48)		(1.22) C		(.56)		(.28)		(.71)
Net asset value, end of period	$	25.84	$	26.31	$	28.41	$	18.00	$	21.47
Total Return D,E		4.17%		(3.40)%		61.84%		(15.15)%		2.05%
Ratios to Average Net Assets B,F,G
Expenses before reductions		1.05%		1.03%		1.07%		1.09%		1.08%
Expenses net of fee waivers, if any		1.04%		1.03%		1.07%		1.09%		1.07%
Expenses net of all reductions		1.04%		1.03%		1.06%		1.08%		1.07%
Net investment income (loss)		2.02%		1.55%		1.76%		1.97%		1.31%
Supplemental Data
Net assets, end of period (000 omitted)	$	169,271	$	189,413	$	181,251	$	104,761	$	145,799
Portfolio turnover rate H		55%		40%		51%		88% I		51%

ACalculated based on average shares outstanding during the period.

CTotal distributions per share do not sum due to rounding.

DTotal returns would have been lower if certain expenses had not been reduced during the applicable periods shown.

ETotal returns do not include the effect of the sales charges.

HAmount does not include the portfolio activity of any underlying mutual funds or exchange-traded funds (ETFs).

IPortfolio turnover rate excludes securities received or delivered in-kind.

Fidelity Advisor® Financials Fund Class M

Years ended July 31,		2023		2022		2021		2020		2019
Selected Per-Share Data
Net asset value, beginning of period	$	25.98	$	28.08	$	17.79	$	21.23	$	21.60
Income from Investment Operations
Net investment income (loss) A,B		.44		.37		.36		.34		.21
Net realized and unrealized gain (loss)		.49		(1.31)		10.44		(3.55)		.07
Total from investment operations		.93		(.94)		10.80		(3.21)		.28
Distributions from net investment income		(.39)		(.37)		(.39)		(.23)		(.13)
Distributions from net realized gain		(1.03)		(.80)		(.11)		-		(.53)
Total distributions		(1.42)		(1.16) C		(.51) C		(.23)		(.65) C
Net asset value, end of period	$	25.49	$	25.98	$	28.08	$	17.79	$	21.23
Total Return D,E		3.88%		(3.63)%		61.48%		(15.38)%		1.77%
Ratios to Average Net Assets B,F,G
Expenses before reductions		1.29%		1.28%		1.32%		1.35%		1.34%
Expenses net of fee waivers, if any		1.28%		1.28%		1.32%		1.35%		1.34%
Expenses net of all reductions		1.28%		1.28%		1.31%		1.34%		1.33%
Net investment income (loss)		1.78%		1.30%		1.51%		1.72%		1.04%
Supplemental Data
Net assets, end of period (000 omitted)	$	64,588	$	69,176	$	60,508	$	34,828	$	48,210
Portfolio turnover rate H		55%		40%		51%		88% I		51%

ACalculated based on average shares outstanding during the period.

CTotal distributions per share do not sum due to rounding.

DTotal returns would have been lower if certain expenses had not been reduced during the applicable periods shown.

ETotal returns do not include the effect of the sales charges.

HAmount does not include the portfolio activity of any underlying mutual funds or exchange-traded funds (ETFs).

IPortfolio turnover rate excludes securities received or delivered in-kind.

Fidelity Advisor® Financials Fund Class C

Years ended July 31,		2023		2022		2021		2020		2019
Selected Per-Share Data
Net asset value, beginning of period	$	24.44	$	26.48	$	16.80	$	20.04	$	20.41
Income from Investment Operations
Net investment income (loss) A,B		.30		.21		.22		.23		.11
Net realized and unrealized gain (loss)		.46		(1.23)		9.85		(3.37)		.07
Total from investment operations		.76		(1.02)		10.07		(3.14)		.18
Distributions from net investment income		(.25)		(.23)		(.28)		(.10)		(.03)
Distributions from net realized gain		(1.03)		(.80)		(.11)		-		(.53)
Total distributions		(1.28)		(1.02) C		(.39)		(.10)		(.55) C
Net asset value, end of period	$	23.92	$	24.44	$	26.48	$	16.80	$	20.04
Total Return D,E		3.38%		(4.13)%		60.62%		(15.79)%		1.29%
Ratios to Average Net Assets B,F,G
Expenses before reductions		1.79%		1.79%		1.83%		1.84%		1.83%
Expenses net of fee waivers, if any		1.79%		1.78%		1.82%		1.84%		1.82%
Expenses net of all reductions		1.79%		1.78%		1.82%		1.83%		1.82%
Net investment income (loss)		1.27%		.80%		1.00%		1.22%		.56%
Supplemental Data
Net assets, end of period (000 omitted)	$	41,339	$	58,177	$	57,856	$	41,947	$	71,609
Portfolio turnover rate H		55%		40%		51%		88% I		51%

ACalculated based on average shares outstanding during the period.

CTotal distributions per share do not sum due to rounding.

DTotal returns would have been lower if certain expenses had not been reduced during the applicable periods shown.

ETotal returns do not include the effect of the contingent deferred sales charge.

HAmount does not include the portfolio activity of any underlying mutual funds or exchange-traded funds (ETFs).

IPortfolio turnover rate excludes securities received or delivered in-kind.

Fidelity Advisor® Financials Fund Class I

Years ended July 31,		2023		2022		2021		2020		2019
Selected Per-Share Data
Net asset value, beginning of period	$	27.20	$	29.32	$	18.55	$	22.11	$	22.47
Income from Investment Operations
Net investment income (loss) A,B		.60		.54		.52		.47		.33
Net realized and unrealized gain (loss)		.52		(1.37)		10.86		(3.69)		.08
Total from investment operations		1.12		(.83)		11.38		(3.22)		.41
Distributions from net investment income		(.53)		(.50)		(.50)		(.34)		(.25)
Distributions from net realized gain		(1.03)		(.80)		(.11)		-		(.53)
Total distributions		(1.55) C		(1.29) C		(.61)		(.34)		(.77) C
Net asset value, end of period	$	26.77	$	27.20	$	29.32	$	18.55	$	22.11
Total Return D		4.47%		(3.13)%		62.31%		(14.91)%		2.36%
Ratios to Average Net Assets B,E,F
Expenses before reductions		.77%		.76%		.79%		.80%		.80%
Expenses net of fee waivers, if any		.77%		.76%		.79%		.80%		.79%
Expenses net of all reductions		.77%		.76%		.78%		.78%		.79%
Net investment income (loss)		2.29%		1.82%		2.04%		2.27%		1.59%
Supplemental Data
Net assets, end of period (000 omitted)	$	110,244	$	131,118	$	118,424	$	85,299	$	107,059
Portfolio turnover rate G		55%		40%		51%		88% H		51%

ACalculated based on average shares outstanding during the period.

CTotal distributions per share do not sum due to rounding.

DTotal returns would have been lower if certain expenses had not been reduced during the applicable periods shown.

GAmount does not include the portfolio activity of any underlying mutual funds or exchange-traded funds (ETFs).

HPortfolio turnover rate excludes securities received or delivered in-kind.

Fidelity Advisor® Financials Fund Class Z

Years ended July 31,		2023		2022		2021		2020		2019 A
Selected Per-Share Data
Net asset value, beginning of period	$	27.16	$	29.28	$	18.53	$	22.09	$	21.99
Income from Investment Operations
Net investment income (loss) B,C		.63		.57		.54		.49		.25
Net realized and unrealized gain (loss)		.51		(1.37)		10.86		(3.67)		.66
Total from investment operations		1.14		(.80)		11.40		(3.18)		.91
Distributions from net investment income		(.57)		(.53)		(.54)		(.38)		(.29)
Distributions from net realized gain		(1.03)		(.80)		(.11)		-		(.53)
Total distributions		(1.59) D		(1.32) D		(.65)		(.38)		(.81) D
Net asset value, end of period	$	26.71	$	27.16	$	29.28	$	18.53	$	22.09
Total Return E,F		4.58%		(3.03)%		62.53%		(14.79)%		4.72%
Ratios to Average Net Assets C,G,H
Expenses before reductions		.64%		.64%		.66%		.67%		.66% I
Expenses net of fee waivers, if any		.64%		.63%		.66%		.67%		.65% I
Expenses net of all reductions		.64%		.63%		.65%		.65%		.65% I
Net investment income (loss)		2.42%		1.95%		2.17%		2.40%		1.44% I
Supplemental Data
Net assets, end of period (000 omitted)	$	87,819	$	63,009	$	49,214	$	30,790	$	7,041
Portfolio turnover rate J		55%		40%		51%		88% K		51%

AFor the period October 2, 2018 (commencement of sale of shares) through July 31, 2019.

BCalculated based on average shares outstanding during the period.

DTotal distributions per share do not sum due to rounding.

ETotal returns for periods of less than one year are not annualized.

FTotal returns would have been lower if certain expenses had not been reduced during the applicable periods shown.

IAnnualized.

JAmount does not include the portfolio activity of any underlying mutual funds or exchange-traded funds (ETFs).

KPortfolio turnover rate excludes securities received or delivered in-kind.

Fidelity Advisor® Health Care Fund Class A

Years ended July 31,		2023		2022		2021		2020		2019
Selected Per-Share Data
Net asset value, beginning of period	$	57.59	$	69.58	$	61.07	$	49.21	$	50.14
Income from Investment Operations
Net investment income (loss) A,B		(.24)		(.26)		(.26)		(.04)		(.07)
Net realized and unrealized gain (loss)		2.38		(7.58)		12.55		12.08		1.36
Total from investment operations		2.14		(7.84)		12.29		12.04		1.29
Distributions from net investment income		-		-		(.16)		-		-
Distributions from net realized gain		-		(4.15)		(3.62)		(.18)		(2.22)
Total distributions		-		(4.15)		(3.78)		(.18)		(2.22)
Net asset value, end of period	$	59.73	$	57.59	$	69.58	$	61.07	$	49.21
Total Return C,D		3.72%		(11.90)%		20.70%		24.50%		2.87%
Ratios to Average Net Assets B,E,F
Expenses before reductions		.98%		.97%		.98%		1.01%		1.02%
Expenses net of fee waivers, if any		.97%		.97%		.98%		1.00%		1.02%
Expenses net of all reductions		.97%		.97%		.98%		1.00%		1.02%
Net investment income (loss)		(.42)%		(.42)%		(.39)%		(.07)%		(.14)%
Supplemental Data
Net assets, end of period (000 omitted)	$	1,535,212	$	1,488,238	$	1,735,235	$	1,372,082	$	1,121,411
Portfolio turnover rate G		47%		33%		38%		53% H		45%

ACalculated based on average shares outstanding during the period.

CTotal returns would have been lower if certain expenses had not been reduced during the applicable periods shown.

DTotal returns do not include the effect of the sales charges.

GAmount does not include the portfolio activity of any underlying mutual funds or exchange-traded funds (ETFs).

HPortfolio turnover rate excludes securities received or delivered in-kind.

Fidelity Advisor® Health Care Fund Class M

Years ended July 31,		2023		2022		2021		2020		2019
Selected Per-Share Data
Net asset value, beginning of period	$	52.76	$	64.25	$	56.62	$	45.75	$	46.89
Income from Investment Operations
Net investment income (loss) A,B		(.36)		(.38)		(.39)		(.16)		(.18)
Net realized and unrealized gain (loss)		2.18		(6.96)		11.61		11.21		1.26
Total from investment operations		1.82		(7.34)		11.22		11.05		1.08
Distributions from net investment income		-		-		(.02)		-		-
Distributions from net realized gain		-		(4.15)		(3.57)		(.18)		(2.22)
Total distributions		-		(4.15)		(3.59)		(.18)		(2.22)
Net asset value, end of period	$	54.58	$	52.76	$	64.25	$	56.62	$	45.75
Total Return C,D		3.45%		(12.12)%		20.39%		24.19%		2.61%
Ratios to Average Net Assets B,E,F
Expenses before reductions		1.23%		1.22%		1.23%		1.26%		1.28%
Expenses net of fee waivers, if any		1.23%		1.22%		1.23%		1.26%		1.28%
Expenses net of all reductions		1.23%		1.22%		1.23%		1.26%		1.28%
Net investment income (loss)		(.67)%		(.67)%		(.65)%		(.33)%		(.40)%
Supplemental Data
Net assets, end of period (000 omitted)	$	315,963	$	330,452	$	402,175	$	349,280	$	306,758
Portfolio turnover rate G		47%		33%		38%		53% H		45%

ACalculated based on average shares outstanding during the period.

CTotal returns would have been lower if certain expenses had not been reduced during the applicable periods shown.

DTotal returns do not include the effect of the sales charges.

GAmount does not include the portfolio activity of any underlying mutual funds or exchange-traded funds (ETFs).

HPortfolio turnover rate excludes securities received or delivered in-kind.

Fidelity Advisor® Health Care Fund Class C

Years ended July 31,		2023		2022		2021		2020		2019
Selected Per-Share Data
Net asset value, beginning of period	$	43.00	$	53.40	$	47.63	$	38.70	$	40.21
Income from Investment Operations
Net investment income (loss) A,B		(.51)		(.55)		(.58)		(.34)		(.34)
Net realized and unrealized gain (loss)		1.77		(5.70)		9.71		9.45		1.05
Total from investment operations		1.26		(6.25)		9.13		9.11		.71
Distributions from net realized gain		-		(4.15)		(3.36)		(.18)		(2.22)
Total distributions		-		(4.15)		(3.36)		(.18)		(2.22)
Net asset value, end of period	$	44.26	$	43.00	$	53.40	$	47.63	$	38.70
Total Return C,D		2.93%		(12.56)%		19.78%		23.58%		2.10%
Ratios to Average Net Assets B,E,F
Expenses before reductions		1.73%		1.72%		1.73%		1.76%		1.77%
Expenses net of fee waivers, if any		1.73%		1.72%		1.73%		1.76%		1.77%
Expenses net of all reductions		1.73%		1.72%		1.73%		1.75%		1.77%
Net investment income (loss)		(1.17)%		(1.17)%		(1.15)%		(.82)%		(.88)%
Supplemental Data
Net assets, end of period (000 omitted)	$	365,165	$	501,742	$	697,626	$	654,487	$	585,093
Portfolio turnover rate G		47%		33%		38%		53% H		45%

ACalculated based on average shares outstanding during the period.

CTotal returns would have been lower if certain expenses had not been reduced during the applicable periods shown.

DTotal returns do not include the effect of the contingent deferred sales charge.

GAmount does not include the portfolio activity of any underlying mutual funds or exchange-traded funds (ETFs).

HPortfolio turnover rate excludes securities received or delivered in-kind.

Fidelity Advisor® Health Care Fund Class I

Years ended July 31,		2023		2022		2021		2020		2019
Selected Per-Share Data
Net asset value, beginning of period	$	63.83	$	76.48	$	66.81	$	53.77	$	54.43
Income from Investment Operations
Net investment income (loss) A,B		(.10)		(.11)		(.10)		.11		.07
Net realized and unrealized gain (loss)		2.64		(8.39)		13.76		13.22		1.49
Total from investment operations		2.54		(8.50)		13.66		13.33		1.56
Distributions from net investment income		-		-		(.30)		-		-
Distributions from net realized gain		-		(4.15)		(3.69)		(.29)		(2.22)
Total distributions		-		(4.15)		(3.99)		(.29)		(2.22)
Net asset value, end of period	$	66.37	$	63.83	$	76.48	$	66.81	$	53.77
Total Return C		3.98%		(11.68)%		21.01%		24.84%		3.14%
Ratios to Average Net Assets B,D,E
Expenses before reductions		.72%		.71%		.72%		.74%		.76%
Expenses net of fee waivers, if any		.71%		.71%		.72%		.74%		.76%
Expenses net of all reductions		.71%		.71%		.72%		.74%		.76%
Net investment income (loss)		(.16)%		(.16)%		(.13)%		.19%		.13%
Supplemental Data
Net assets, end of period (000 omitted)	$	2,593,539	$	2,743,740	$	3,410,787	$	2,546,323	$	1,783,417
Portfolio turnover rate F		47%		33%		38%		53% G		45%

ACalculated based on average shares outstanding during the period.

CTotal returns would have been lower if certain expenses had not been reduced during the applicable periods shown.

DFees and expenses of any underlying mutual funds or exchange-traded funds (ETFs) are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of these expenses. For additional expense information related to investments in Fidelity Central Funds, please refer to the "Investments in Fidelity Central Funds" note found in the Notes to Financial Statements section of the most recent Annual or Semi-Annual report.

EExpense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed, waived, or reduced through arrangements with the investment adviser, brokerage services, or other offset arrangements, if applicable, and do not represent the amount paid by the class during periods when reimbursements, waivers or reductions occur.

FAmount does not include the portfolio activity of any underlying mutual funds or exchange-traded funds (ETFs).

GPortfolio turnover rate excludes securities received or delivered in-kind.

Fidelity Advisor® Health Care Fund Class Z

Years ended July 31,		2023		2022		2021		2020		2019 A
Selected Per-Share Data
Net asset value, beginning of period	$	63.93	$	76.55	$	66.88	$	53.84	$	57.87
Income from Investment Operations
Net investment income (loss) B,C		(.02)		(.03)		(.01)		.19		.13
Net realized and unrealized gain (loss)		2.65		(8.38)		13.77		13.22		(1.94)
Total from investment operations		2.63		(8.41)		13.76		13.41		(1.81)
Distributions from net investment income		-		-		(.37)		-		-
Distributions from net realized gain		-		(4.21)		(3.73)		(.37)		(2.22)
Total distributions		-		(4.21)		(4.09) D		(.37)		(2.22)
Net asset value, end of period	$	66.56	$	63.93	$	76.55	$	66.88	$	53.84
Total Return E,F		4.11%		(11.56)%		21.15%		24.98%		(2.86)%
Ratios to Average Net Assets C,G,H
Expenses before reductions		.59%		.59%		.60%		.61%		.62% I
Expenses net of fee waivers, if any		.59%		.59%		.60%		.61%		.62% I
Expenses net of all reductions		.59%		.59%		.59%		.61%		.62% I
Net investment income (loss)		(.03)%		(.04)%		(.01)%		.32%		.30% I
Supplemental Data
Net assets, end of period (000 omitted)	$	862,051	$	817,321	$	952,460	$	610,481	$	238,873
Portfolio turnover rate J		47%		33%		38%		53% K		45%

AFor the period October 2, 2018 (commencement of sale of shares) through July 31, 2019.

BCalculated based on average shares outstanding during the period.

DTotal distributions per share do not sum due to rounding.

ETotal returns for periods of less than one year are not annualized.

FTotal returns would have been lower if certain expenses had not been reduced during the applicable periods shown.

IAnnualized.

JAmount does not include the portfolio activity of any underlying mutual funds or exchange-traded funds (ETFs).

KPortfolio turnover rate excludes securities received or delivered in-kind.

Fidelity Advisor® Industrials Fund Class A

Years ended July 31,		2023		2022		2021		2020		2019
Selected Per-Share Data
Net asset value, beginning of period	$	34.23	$	45.64	$	33.85	$	38.95	$	42.62
Income from Investment Operations
Net investment income (loss) A,B		(.05) C		(.14)		(.17)		.18 D		.24
Net realized and unrealized gain (loss)		6.24		(2.62)		12.20		(2.46)		(.02)
Total from investment operations		6.19		(2.76)		12.03		(2.28)		.22
Distributions from net investment income		(.02)		-		-		(.25)		(.19)
Distributions from net realized gain		(1.16)		(8.65)		(.24)		(2.57)		(3.70)
Total distributions		(1.18)		(8.65)		(.24)		(2.82)		(3.89)
Net asset value, end of period	$	39.24	$	34.23	$	45.64	$	33.85	$	38.95
Total Return E,F		18.68%		(7.79)%		35.63%		(6.58)%		2.06%
Ratios to Average Net Assets B,G,H
Expenses before reductions		1.03%		1.02%		1.03%		1.05%		1.04%
Expenses net of fee waivers, if any		1.03%		1.01%		1.03%		1.05%		1.04%
Expenses net of all reductions		1.03%		1.01%		1.01%		1.03%		1.03%
Net investment income (loss)		(.13)% C		(.35)%		(.40)%		.49% D		.63%
Supplemental Data
Net assets, end of period (000 omitted)	$	226,370	$	214,576	$	264,130	$	199,835	$	268,483
Portfolio turnover rate I		189% J		106%		205%		219% J		125%

ACalculated based on average shares outstanding during the period.

CNet investment income per share reflects one or more large, non-recurring dividend(s) which amounted to $.04 per share. Excluding such non-recurring dividend(s), the ratio of net investment income (loss) to average net assets would have been (.25)%.

DNet investment income per share reflects one or more large, non-recurring dividend(s) which amounted to $.07 per share. Excluding such non-recurring dividend(s), the ratio of net investment income (loss) to average net assets would have been .29%.

ETotal returns would have been lower if certain expenses had not been reduced during the applicable periods shown.

FTotal returns do not include the effect of the sales charges.

IAmount does not include the portfolio activity of any underlying mutual funds or exchange-traded funds (ETFs).

JPortfolio turnover rate excludes securities received or delivered in-kind.

Fidelity Advisor® Industrials Fund Class M

Years ended July 31,		2023		2022		2021		2020		2019
Selected Per-Share Data
Net asset value, beginning of period	$	33.05	$	44.31	$	32.96	$	37.99	$	41.65
Income from Investment Operations
Net investment income (loss) A,B		(.13) C		(.23)		(.27)		.08 D		.14
Net realized and unrealized gain (loss)		6.01		(2.53)		11.86		(2.39)		(.03)
Total from investment operations		5.88		(2.76)		11.59		(2.31)		.11
Distributions from net investment income		-		-		-		(.15)		(.07)
Distributions from net realized gain		(1.16)		(8.50)		(.24)		(2.57)		(3.70)
Total distributions		(1.16)		(8.50)		(.24)		(2.72)		(3.77)
Net asset value, end of period	$	37.77	$	33.05	$	44.31	$	32.96	$	37.99
Total Return E,F		18.39%		(8.03)%		35.25%		(6.82)%		1.78%
Ratios to Average Net Assets B,G,H
Expenses before reductions		1.29%		1.27%		1.29%		1.31%		1.31%
Expenses net of fee waivers, if any		1.28%		1.27%		1.29%		1.31%		1.30%
Expenses net of all reductions		1.28%		1.27%		1.27%		1.30%		1.30%
Net investment income (loss)		(.38)% C		(.60)%		(.66)%		.23% D		.37%
Supplemental Data
Net assets, end of period (000 omitted)	$	54,175	$	49,501	$	56,680	$	45,157	$	61,570
Portfolio turnover rate I		189% J		106%		205%		219% J		125%

ACalculated based on average shares outstanding during the period.

ETotal returns would have been lower if certain expenses had not been reduced during the applicable periods shown.

FTotal returns do not include the effect of the sales charges.

IAmount does not include the portfolio activity of any underlying mutual funds or exchange-traded funds (ETFs).

JPortfolio turnover rate excludes securities received or delivered in-kind.

Fidelity Advisor® Industrials Fund Class C

Years ended July 31,		2023		2022		2021		2020		2019
Selected Per-Share Data
Net asset value, beginning of period	$	28.72	$	39.46	$	29.52	$	34.27	$	38.09
Income from Investment Operations
Net investment income (loss) A,B		(.26) C		(.37)		(.41)		(.08) D		(.04)
Net realized and unrealized gain (loss)		5.18		(2.19)		10.59		(2.15)		(.08)
Total from investment operations		4.92		(2.56)		10.18		(2.23)		(.12)
Distributions from net investment income		-		-		-		(.03)		-
Distributions from net realized gain		(1.16)		(8.18)		(.24)		(2.49)		(3.70)
Total distributions		(1.16)		(8.18)		(.24)		(2.52)		(3.70)
Net asset value, end of period	$	32.48	$	28.72	$	39.46	$	29.52	$	34.27
Total Return E,F		17.81%		(8.48)%		34.58%		(7.27)%		1.28%
Ratios to Average Net Assets B,G,H
Expenses before reductions		1.79%		1.77%		1.79%		1.81%		1.80%
Expenses net of fee waivers, if any		1.78%		1.77%		1.79%		1.81%		1.80%
Expenses net of all reductions		1.78%		1.77%		1.77%		1.79%		1.79%
Net investment income (loss)		(.89)% C		(1.10)%		(1.16)%		(.26)% D		(.12)%
Supplemental Data
Net assets, end of period (000 omitted)	$	33,293	$	37,417	$	55,576	$	53,969	$	90,512
Portfolio turnover rate I		189% J		106%		205%		219% J		125%

ACalculated based on average shares outstanding during the period.

DNet investment income per share reflects one or more large, non-recurring dividend(s) which amounted to $.06 per share. Excluding such non-recurring dividend(s), the ratio of net investment income (loss) to average net assets would have been (.46)%.

ETotal returns would have been lower if certain expenses had not been reduced during the applicable periods shown.

FTotal returns do not include the effect of the contingent deferred sales charge.

IAmount does not include the portfolio activity of any underlying mutual funds or exchange-traded funds (ETFs).

JPortfolio turnover rate excludes securities received or delivered in-kind.

Fidelity Advisor® Industrials Fund Class I

Years ended July 31,		2023		2022		2021		2020		2019
Selected Per-Share Data
Net asset value, beginning of period	$	36.95	$	48.64	$	35.97	$	41.20	$	44.85
Income from Investment Operations
Net investment income (loss) A,B		.05 C		(.03)		(.06)		.29 D		.37
Net realized and unrealized gain (loss)		6.77		(2.84)		12.97		(2.60)		(.02)
Total from investment operations		6.82		(2.87)		12.91		(2.31)		.35
Distributions from net investment income		(.06)		-		-		(.35)		(.30)
Distributions from net realized gain		(1.16)		(8.82)		(.24)		(2.57)		(3.70)
Total distributions		(1.22)		(8.82)		(.24)		(2.92)		(4.00)
Net asset value, end of period	$	42.55	$	36.95	$	48.64	$	35.97	$	41.20
Total Return E		19.02%		(7.55)%		35.98%		(6.32)%		2.31%
Ratios to Average Net Assets B,F,G
Expenses before reductions		.76%		.75%		.76%		.78%		.78%
Expenses net of fee waivers, if any		.76%		.75%		.76%		.78%		.77%
Expenses net of all reductions		.76%		.75%		.74%		.76%		.77%
Net investment income (loss)		.14% C		(.08)%		(.14)%		.76% D		.90%
Supplemental Data
Net assets, end of period (000 omitted)	$	140,764	$	145,849	$	248,090	$	123,603	$	219,218
Portfolio turnover rate H		189% I		106%		205%		219% I		125%

ACalculated based on average shares outstanding during the period.

CNet investment income per share reflects one or more large, non-recurring dividend(s) which amounted to $.05 per share. Excluding such non-recurring dividend(s), the ratio of net investment income (loss) to average net assets would have been .02%.

DNet investment income per share reflects one or more large, non-recurring dividend(s) which amounted to $.08 per share. Excluding such non-recurring dividend(s), the ratio of net investment income (loss) to average net assets would have been .56%.

ETotal returns would have been lower if certain expenses had not been reduced during the applicable periods shown.

HAmount does not include the portfolio activity of any underlying mutual funds or exchange-traded funds (ETFs).

IPortfolio turnover rate excludes securities received or delivered in-kind.

Fidelity Advisor® Industrials Fund Class Z

Years ended July 31,		2023		2022		2021		2020		2019 A
Selected Per-Share Data
Net asset value, beginning of period	$	36.91	$	48.61	$	35.90	$	41.15	$	46.84
Income from Investment Operations
Net investment income (loss) B,C		.10 D		.02		- E		.34 F		.34
Net realized and unrealized gain (loss)		6.75		(2.83)		12.95		(2.60)		(1.94)
Total from investment operations		6.85		(2.81)		12.95		(2.26)		(1.60)
Distributions from net investment income		(.08)		-		-		(.42)		(.39)
Distributions from net realized gain		(1.16)		(8.89)		(.24)		(2.57)		(3.70)
Total distributions		(1.24)		(8.89)		(.24)		(2.99)		(4.09)
Net asset value, end of period	$	42.52	$	36.91	$	48.61	$	35.90	$	41.15
Total Return G,H		19.14%		(7.42)%		36.16%		(6.21)%		(1.92)%
Ratios to Average Net Assets C,I,J
Expenses before reductions		.64%		.63%		.64%		.65%		.64% K
Expenses net of fee waivers, if any		.63%		.62%		.64%		.65%		.64% K
Expenses net of all reductions		.63%		.62%		.62%		.63%		.64% K
Net investment income (loss)		.26% D		.04%		(.01)%		.89% F		1.04% K
Supplemental Data
Net assets, end of period (000 omitted)	$	104,120	$	23,974	$	50,167	$	29,168	$	11,077
Portfolio turnover rate L		189% M		106%		205%		219% M		125%

AFor the period October 2, 2018 (commencement of sale of shares) through July 31, 2019.

BCalculated based on average shares outstanding during the period.

DNet investment income per share reflects one or more large, non-recurring dividend(s) which amounted to $.05 per share. Excluding such non-recurring dividend(s), the ratio of net investment income (loss) to average net assets would have been .14%.

EAmount represents less than $.005 per share.

FNet investment income per share reflects one or more large, non-recurring dividend(s) which amounted to $.08 per share. Excluding such non-recurring dividend(s), the ratio of net investment income (loss) to average net assets would have been .69%.

GTotal returns for periods of less than one year are not annualized.

HTotal returns would have been lower if certain expenses had not been reduced during the applicable periods shown.

IFees and expenses of any underlying mutual funds or exchange-traded funds (ETFs) are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of these expenses. For additional expense information related to investments in Fidelity Central Funds, please refer to the "Investments in Fidelity Central Funds" note found in the Notes to Financial Statements section of the most recent Annual or Semi-Annual report.

JExpense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed, waived, or reduced through arrangements with the investment adviser, brokerage services, or other offset arrangements, if applicable, and do not represent the amount paid by the class during periods when reimbursements, waivers or reductions occur.

KAnnualized.

LAmount does not include the portfolio activity of any underlying mutual funds or exchange-traded funds (ETFs).

MPortfolio turnover rate excludes securities received or delivered in-kind.

Fidelity Advisor® Semiconductors Fund Class A

Years ended July 31,		2023		2022		2021		2020		2019
Selected Per-Share Data
Net asset value, beginning of period	$	42.85	$	46.29	$	29.79	$	23.03	$	25.06
Income from Investment Operations
Net investment income (loss) A,B		(.05)		(.13)		(.08)		.14		.15
Net realized and unrealized gain (loss)		20.53		(.83)		18.29		6.90		1.25
Total from investment operations		20.48		(.96)		18.21		7.04		1.40
Distributions from net investment income		-		-		(.04)		(.07)		(.10)
Distributions from net realized gain		(1.20)		(2.48)		(1.67)		(.20)		(3.33)
Total distributions		(1.20)		(2.48)		(1.71)		(.28) C		(3.43)
Net asset value, end of period	$	62.13	$	42.85	$	46.29	$	29.79	$	23.03
Total Return D,E		49.31%		(3.21)%		62.45%		30.65%		10.18%
Ratios to Average Net Assets B,F,G
Expenses before reductions		1.01%		1.01%		1.04%		1.10%		1.12%
Expenses net of fee waivers, if any		1.00%		1.01%		1.04%		1.09%		1.11%
Expenses net of all reductions		1.00%		1.01%		1.03%		1.08%		1.11%
Net investment income (loss)		(.10)%		(.27)%		(.21)%		.53%		.70%
Supplemental Data
Net assets, end of period (000 omitted)	$	581,690	$	319,402	$	279,755	$	140,072	$	98,459
Portfolio turnover rate H		40%		32%		41%		136%		110%

ACalculated based on average shares outstanding during the period.

CTotal distributions per share do not sum due to rounding.

DTotal returns would have been lower if certain expenses had not been reduced during the applicable periods shown.

ETotal returns do not include the effect of the sales charges.

HAmount does not include the portfolio activity of any underlying mutual funds or exchange-traded funds (ETFs).

Fidelity Advisor® Semiconductors Fund Class M

Years ended July 31,		2023		2022		2021		2020		2019
Selected Per-Share Data
Net asset value, beginning of period	$	40.34	$	43.75	$	28.25	$	21.89	$	24.04
Income from Investment Operations
Net investment income (loss) A,B		(.15)		(.23)		(.17)		.06		.08
Net realized and unrealized gain (loss)		19.25		(.76)		17.31		6.55		1.16
Total from investment operations		19.10		(.99)		17.14		6.61		1.24
Distributions from net investment income		-		-		-		(.05)		(.06)
Distributions from net realized gain		(1.20)		(2.42)		(1.64)		(.20)		(3.33)
Total distributions		(1.20)		(2.42)		(1.64)		(.25)		(3.39)
Net asset value, end of period	$	58.24	$	40.34	$	43.75	$	28.25	$	21.89
Total Return C,D		48.95%		(3.43)%		61.98%		30.28%		9.84%
Ratios to Average Net Assets B,E,F
Expenses before reductions		1.25%		1.26%		1.30%		1.38%		1.44%
Expenses net of fee waivers, if any		1.25%		1.25%		1.30%		1.38%		1.43%
Expenses net of all reductions		1.25%		1.25%		1.29%		1.37%		1.43%
Net investment income (loss)		(.35)%		(.52)%		(.47)%		.24%		.38%
Supplemental Data
Net assets, end of period (000 omitted)	$	94,006	$	48,499	$	49,963	$	29,262	$	22,587
Portfolio turnover rate G		40%		32%		41%		136%		110%

ACalculated based on average shares outstanding during the period.

CTotal returns would have been lower if certain expenses had not been reduced during the applicable periods shown.

DTotal returns do not include the effect of the sales charges.

GAmount does not include the portfolio activity of any underlying mutual funds or exchange-traded funds (ETFs).

Fidelity Advisor® Semiconductors Fund Class C

Years ended July 31,		2023		2022		2021		2020		2019
Selected Per-Share Data
Net asset value, beginning of period	$	35.24	$	38.59	$	25.18	$	19.59	$	21.88
Income from Investment Operations
Net investment income (loss) A,B		(.31)		(.40)		(.31)		(.05)		(.01)
Net realized and unrealized gain (loss)		16.65		(.61)		15.35		5.86		.98
Total from investment operations		16.34		(1.01)		15.04		5.81		.97
Distributions from net investment income		-		-		-		(.01)		-
Distributions from net realized gain		(1.20)		(2.34)		(1.63)		(.20)		(3.26)
Total distributions		(1.20)		(2.34)		(1.63)		(.22) C		(3.26)
Net asset value, end of period	$	50.38	$	35.24	$	38.59	$	25.18	$	19.59
Total Return D,E		48.18%		(3.93)%		61.17%		29.73%		9.33%
Ratios to Average Net Assets B,F,G
Expenses before reductions		1.76%		1.76%		1.79%		1.85%		1.87%
Expenses net of fee waivers, if any		1.76%		1.76%		1.79%		1.85%		1.87%
Expenses net of all reductions		1.76%		1.76%		1.79%		1.83%		1.87%
Net investment income (loss)		(.86)%		(1.03)%		(.97)%		(.23)%		(.06)%
Supplemental Data
Net assets, end of period (000 omitted)	$	129,390	$	88,592	$	86,217	$	57,320	$	45,659
Portfolio turnover rate H		40%		32%		41%		136%		110%

ACalculated based on average shares outstanding during the period.

CTotal distributions per share do not sum due to rounding.

DTotal returns would have been lower if certain expenses had not been reduced during the applicable periods shown.

ETotal returns do not include the effect of the contingent deferred sales charge.

HAmount does not include the portfolio activity of any underlying mutual funds or exchange-traded funds (ETFs).

Fidelity Advisor® Semiconductors Fund Class I

Years ended July 31,		2023		2022		2021		2020		2019
Selected Per-Share Data
Net asset value, beginning of period	$	45.93	$	49.39	$	31.68	$	24.42	$	26.33
Income from Investment Operations
Net investment income (loss) A,B		.08		(.01)		.03		.22		.23
Net realized and unrealized gain (loss)		22.10		(.92)		19.47		7.34		1.35
Total from investment operations		22.18		(.93)		19.50		7.56		1.58
Distributions from net investment income		-		-		(.12)		(.10)		(.16)
Distributions from net realized gain		(1.20)		(2.53)		(1.67)		(.20)		(3.33)
Total distributions		(1.20)		(2.53)		(1.79)		(.30)		(3.49)
Net asset value, end of period	$	66.91	$	45.93	$	49.39	$	31.68	$	24.42
Total Return C		49.71%		(2.96)%		62.86%		31.08%		10.46%
Ratios to Average Net Assets B,D,E
Expenses before reductions		.74%		.75%		.77%		.81%		.83%
Expenses net of fee waivers, if any		.74%		.74%		.77%		.81%		.82%
Expenses net of all reductions		.74%		.74%		.76%		.79%		.82%
Net investment income (loss)		.16%		(.01)%		.06%		.81%		.98%
Supplemental Data
Net assets, end of period (000 omitted)	$	530,775	$	309,873	$	257,502	$	126,660	$	98,451
Portfolio turnover rate F		40%		32%		41%		136%		110%

ACalculated based on average shares outstanding during the period.

CTotal returns would have been lower if certain expenses had not been reduced during the applicable periods shown.

FAmount does not include the portfolio activity of any underlying mutual funds or exchange-traded funds (ETFs).

Fidelity Advisor® Semiconductors Fund Class Z

Years ended July 31,		2023		2022		2021		2020		2019 A
Selected Per-Share Data
Net asset value, beginning of period	$	45.93	$	49.35	$	31.65	$	24.38	$	26.00
Income from Investment Operations
Net investment income (loss) B,C		.14		.06		.08		.26		.17
Net realized and unrealized gain (loss)		22.12		(.92)		19.45		7.33		1.76
Total from investment operations		22.26		(.86)		19.53		7.59		1.93
Distributions from net investment income		-		-		(.16)		(.11)		(.22)
Distributions from net realized gain		(1.20)		(2.56)		(1.67)		(.20)		(3.33)
Total distributions		(1.20)		(2.56)		(1.83)		(.32) D		(3.55)
Net asset value, end of period	$	66.99	$	45.93	$	49.35	$	31.65	$	24.38
Total Return E,F		49.89%		(2.83)%		63.06%		31.22%		12.03%
Ratios to Average Net Assets C,G,H
Expenses before reductions		.62%		.62%		.64%		.68%		.69% I
Expenses net of fee waivers, if any		.62%		.62%		.64%		.68%		.69% I
Expenses net of all reductions		.62%		.62%		.64%		.66%		.68% I
Net investment income (loss)		.28%		.11%		.18%		.94%		.91% I
Supplemental Data
Net assets, end of period (000 omitted)	$	95,876	$	47,782	$	26,856	$	7,920	$	2,629
Portfolio turnover rate J		40%		32%		41%		136%		110%

AFor the period October 2, 2018 (commencement of sale of shares) through July 31, 2019.

BCalculated based on average shares outstanding during the period.

DTotal distributions per share do not sum due to rounding.

ETotal returns for periods of less than one year are not annualized.

FTotal returns would have been lower if certain expenses had not been reduced during the applicable periods shown.

IAnnualized.

JAmount does not include the portfolio activity of any underlying mutual funds or exchange-traded funds (ETFs).

Fidelity Advisor® Technology Fund Class A

Years ended July 31,		2023		2022		2021		2020		2019
Selected Per-Share Data
Net asset value, beginning of period	$	75.41	$	102.43	$	76.36	$	52.61	$	60.37
Income from Investment Operations
Net investment income (loss) A,B		(.21)		(.37)		(.39)		(.12)		.02
Net realized and unrealized gain (loss)		22.28		(13.94)		33.48		25.35		1.84
Total from investment operations		22.07		(14.31)		33.09		25.23		1.86
Distributions from net realized gain		(2.31)		(12.71)		(7.02)		(1.48)		(9.62)
Total distributions		(2.31)		(12.71)		(7.02)		(1.48)		(9.62)
Net asset value, end of period	$	95.17	$	75.41	$	102.43	$	76.36	$	52.61
Total Return C,D		30.51%		(16.78)%		44.80%		48.83%		7.26%
Ratios to Average Net Assets B,E,F
Expenses before reductions		.98%		.97%		.98%		1.01%		1.03%
Expenses net of fee waivers, if any		.98%		.97%		.98%		1.01%		1.03%
Expenses net of all reductions		.98%		.97%		.98%		1.01%		1.02%
Net investment income (loss)		(.29)%		(.41)%		(.43)%		(.20)%		.04%
Supplemental Data
Net assets, end of period (000 omitted)	$	1,906,585	$	1,467,792	$	1,848,643	$	1,339,059	$	884,749
Portfolio turnover rate G		30%		20%		44%		40% H		88%

ACalculated based on average shares outstanding during the period.

CTotal returns would have been lower if certain expenses had not been reduced during the applicable periods shown.

DTotal returns do not include the effect of the sales charges.

GAmount does not include the portfolio activity of any underlying mutual funds or exchange-traded funds (ETFs).

HPortfolio turnover rate excludes securities received or delivered in-kind.

Fidelity Advisor® Technology Fund Class M

Years ended July 31,		2023		2022		2021		2020		2019
Selected Per-Share Data
Net asset value, beginning of period	$	69.25	$	95.15	$	71.37	$	49.28	$	57.23
Income from Investment Operations
Net investment income (loss) A,B		(.36)		(.55)		(.57)		(.25)		(.10)
Net realized and unrealized gain (loss)		20.34		(12.76)		31.22		23.71		1.63
Total from investment operations		19.98		(13.31)		30.65		23.46		1.53
Distributions from net realized gain		(2.31)		(12.59)		(6.87)		(1.37)		(9.48)
Total distributions		(2.31)		(12.59)		(6.87)		(1.37)		(9.48)
Net asset value, end of period	$	86.92	$	69.25	$	95.15	$	71.37	$	49.28
Total Return C,D		30.20%		(16.99)%		44.47%		48.44%		7.00%
Ratios to Average Net Assets B,E,F
Expenses before reductions		1.22%		1.21%		1.23%		1.26%		1.28%
Expenses net of fee waivers, if any		1.22%		1.21%		1.23%		1.26%		1.28%
Expenses net of all reductions		1.22%		1.21%		1.22%		1.26%		1.28%
Net investment income (loss)		(.53)%		(.65)%		(.68)%		(.45)%		(.22)%
Supplemental Data
Net assets, end of period (000 omitted)	$	624,612	$	484,293	$	624,534	$	464,093	$	321,915
Portfolio turnover rate G		30%		20%		44%		40% H		88%

ACalculated based on average shares outstanding during the period.

CTotal returns would have been lower if certain expenses had not been reduced during the applicable periods shown.

DTotal returns do not include the effect of the sales charges.

GAmount does not include the portfolio activity of any underlying mutual funds or exchange-traded funds (ETFs).

HPortfolio turnover rate excludes securities received or delivered in-kind.

Fidelity Advisor® Technology Fund Class C

Years ended July 31,		2023		2022		2021		2020		2019
Selected Per-Share Data
Net asset value, beginning of period	$	57.35	$	80.98	$	61.67	$	42.81	$	51.18
Income from Investment Operations
Net investment income (loss) A,B		(.58)		(.83)		(.85)		(.46)		(.30)
Net realized and unrealized gain (loss)		16.58		(10.43)		26.79		20.52		1.22
Total from investment operations		16.00		(11.26)		25.94		20.06		.92
Distributions from net realized gain		(2.31)		(12.37)		(6.63)		(1.20)		(9.29)
Total distributions		(2.31)		(12.37)		(6.63)		(1.20)		(9.29)
Net asset value, end of period	$	71.04	$	57.35	$	80.98	$	61.67	$	42.81
Total Return C,D		29.50%		(17.41)%		43.73%		47.69%		6.44%
Ratios to Average Net Assets B,E,F
Expenses before reductions		1.75%		1.73%		1.75%		1.77%		1.79%
Expenses net of fee waivers, if any		1.74%		1.73%		1.74%		1.77%		1.79%
Expenses net of all reductions		1.74%		1.73%		1.74%		1.77%		1.78%
Net investment income (loss)		(1.05)%		(1.17)%		(1.20)%		(.96)%		(.72)%
Supplemental Data
Net assets, end of period (000 omitted)	$	313,457	$	288,008	$	410,661	$	343,585	$	240,358
Portfolio turnover rate G		30%		20%		44%		40% H		88%

ACalculated based on average shares outstanding during the period.

CTotal returns would have been lower if certain expenses had not been reduced during the applicable periods shown.

DTotal returns do not include the effect of the contingent deferred sales charge.

GAmount does not include the portfolio activity of any underlying mutual funds or exchange-traded funds (ETFs).

HPortfolio turnover rate excludes securities received or delivered in-kind.

Fidelity Advisor® Technology Fund Class I

Years ended July 31,		2023		2022		2021		2020		2019
Selected Per-Share Data
Net asset value, beginning of period	$	84.29	$	112.95	$	83.56	$	57.41	$	64.86
Income from Investment Operations
Net investment income (loss) A,B		(.02)		(.15)		(.17)		.04		.17
Net realized and unrealized gain (loss)		25.07		(15.67)		36.76		27.72		2.15
Total from investment operations		25.05		(15.82)		36.59		27.76		2.32
Distributions from net investment income		-		-		-		-		(.01)
Distributions from net realized gain		(2.31)		(12.84)		(7.20)		(1.61)		(9.76)
Total distributions		(2.31)		(12.84)		(7.20)		(1.61)		(9.77)
Net asset value, end of period	$	107.03	$	84.29	$	112.95	$	83.56	$	57.41
Total Return C		30.84%		(16.56)%		45.18%		49.22%		7.56%
Ratios to Average Net Assets B,D,E
Expenses before reductions		.72%		.71%		.72%		.74%		.76%
Expenses net of fee waivers, if any		.71%		.71%		.72%		.74%		.76%
Expenses net of all reductions		.71%		.71%		.72%		.74%		.76%
Net investment income (loss)		(.03)%		(.15)%		(.18)%		.07%		.30%
Supplemental Data
Net assets, end of period (000 omitted)	$	1,515,475	$	1,129,418	$	1,470,830	$	1,035,091	$	674,914
Portfolio turnover rate F		30%		20%		44%		40% G		88%

ACalculated based on average shares outstanding during the period.

CTotal returns would have been lower if certain expenses had not been reduced during the applicable periods shown.

FAmount does not include the portfolio activity of any underlying mutual funds or exchange-traded funds (ETFs).

GPortfolio turnover rate excludes securities received or delivered in-kind.

Fidelity Advisor® Technology Fund Class Z

Years ended July 31,		2023		2022		2021		2020		2019 A
Selected Per-Share Data
Net asset value, beginning of period	$	84.22	$	112.81	$	83.44	$	57.34	$	67.88
Income from Investment Operations
Net investment income (loss) B,C		.08		(.04)		(.06)		.12		.23
Net realized and unrealized gain (loss)		25.08		(15.63)		36.72		27.68		(.90)
Total from investment operations		25.16		(15.67)		36.66		27.80		(.67)
Distributions from net investment income		-		-		-		-		(.11)
Distributions from net realized gain		(2.31)		(12.92)		(7.29)		(1.70)		(9.76)
Total distributions		(2.31)		(12.92)		(7.29)		(1.70)		(9.87)
Net asset value, end of period	$	107.07	$	84.22	$	112.81	$	83.44	$	57.34
Total Return D,E		31.00%		(16.46)%		45.37%		49.39%		2.88%
Ratios to Average Net Assets C,F,G
Expenses before reductions		.60%		.59%		.60%		.62%		.63% H
Expenses net of fee waivers, if any		.59%		.59%		.60%		.62%		.63% H
Expenses net of all reductions		.59%		.59%		.60%		.62%		.62% H
Net investment income (loss)		.09%		(.04)%		(.06)%		.19%		.53% H
Supplemental Data
Net assets, end of period (000 omitted)	$	759,629	$	462,278	$	524,383	$	298,255	$	31,619
Portfolio turnover rate I		30%		20%		44%		40% J		88%

AFor the period October 2, 2018 (commencement of sale of shares) through July 31, 2019.

BCalculated based on average shares outstanding during the period.

DTotal returns for periods of less than one year are not annualized.

ETotal returns would have been lower if certain expenses had not been reduced during the applicable periods shown.

HAnnualized.

IAmount does not include the portfolio activity of any underlying mutual funds or exchange-traded funds (ETFs).

JPortfolio turnover rate excludes securities received or delivered in-kind.

Fidelity Advisor® Utilities Fund Class A

Years ended July 31,		2023		2022		2021		2020		2019
Selected Per-Share Data
Net asset value, beginning of period	$	39.71	$	34.53	$	30.67	$	31.73	$	31.54
Income from Investment Operations
Net investment income (loss) A,B		.64		.52		.56		.60		.67
Net realized and unrealized gain (loss)		(1.29)		5.84		3.98		(1.03)		2.81
Total from investment operations		(.65)		6.36		4.54		(.43)		3.48
Distributions from net investment income		(.64)		(.67)		(.68)		(.62)		(.48)
Distributions from net realized gain		(1.15)		(.51)		-		- C		(2.81)
Total distributions		(1.79)		(1.18)		(.68)		(.63) D		(3.29)
Net asset value, end of period	$	37.27	$	39.71	$	34.53	$	30.67	$	31.73
Total Return E,F		(1.58)%		18.70%		14.95%		(1.56)%		11.73%
Ratios to Average Net Assets B,G,H
Expenses before reductions		1.01%		1.02%		1.05%		1.06%		1.08%
Expenses net of fee waivers, if any		1.01%		1.02%		1.04%		1.06%		1.07%
Expenses net of all reductions		1.01%		1.02%		1.03%		1.05%		1.06%
Net investment income (loss)		1.71%		1.41%		1.70%		1.88%		2.14%
Supplemental Data
Net assets, end of period (000 omitted)	$	327,807	$	322,060	$	254,388	$	249,158	$	268,246
Portfolio turnover rate I		66%		36%		45%		80% J		56%

ACalculated based on average shares outstanding during the period.

CAmount represents less than $.005 per share.

DTotal distributions per share do not sum due to rounding.

ETotal returns would have been lower if certain expenses had not been reduced during the applicable periods shown.

FTotal returns do not include the effect of the sales charges.

IAmount does not include the portfolio activity of any underlying mutual funds or exchange-traded funds (ETFs).

JPortfolio turnover rate excludes securities received or delivered in-kind.

Fidelity Advisor® Utilities Fund Class M

Years ended July 31,		2023		2022		2021		2020		2019
Selected Per-Share Data
Net asset value, beginning of period	$	39.81	$	34.57	$	30.71	$	31.77	$	31.58
Income from Investment Operations
Net investment income (loss) A,B		.54		.42		.47		.51		.58
Net realized and unrealized gain (loss)		(1.29)		5.85		3.99		(1.03)		2.81
Total from investment operations		(.75)		6.27		4.46		(.52)		3.39
Distributions from net investment income		(.54)		(.51)		(.60)		(.53)		(.39)
Distributions from net realized gain		(1.15)		(.51)		-		- C		(2.81)
Total distributions		(1.69)		(1.03) D		(.60)		(.54) D		(3.20)
Net asset value, end of period	$	37.37	$	39.81	$	34.57	$	30.71	$	31.77
Total Return E,F		(1.85)%		18.37%		14.63%		(1.82)%		11.38%
Ratios to Average Net Assets B,G,H
Expenses before reductions		1.28%		1.30%		1.32%		1.33%		1.36%
Expenses net of fee waivers, if any		1.27%		1.29%		1.32%		1.33%		1.36%
Expenses net of all reductions		1.27%		1.29%		1.31%		1.33%		1.35%
Net investment income (loss)		1.45%		1.14%		1.42%		1.60%		1.86%
Supplemental Data
Net assets, end of period (000 omitted)	$	68,733	$	71,690	$	58,065	$	58,773	$	61,741
Portfolio turnover rate I		66%		36%		45%		80% J		56%

ACalculated based on average shares outstanding during the period.

CAmount represents less than $.005 per share.

DTotal distributions per share do not sum due to rounding.

ETotal returns would have been lower if certain expenses had not been reduced during the applicable periods shown.

FTotal returns do not include the effect of the sales charges.

IAmount does not include the portfolio activity of any underlying mutual funds or exchange-traded funds (ETFs).

JPortfolio turnover rate excludes securities received or delivered in-kind.

Fidelity Advisor® Utilities Fund Class C

Years ended July 31,		2023		2022		2021		2020		2019
Selected Per-Share Data
Net asset value, beginning of period	$	38.73	$	33.60	$	29.83	$	30.90	$	30.81
Income from Investment Operations
Net investment income (loss) A,B		.35		.24		.30		.35		.42
Net realized and unrealized gain (loss)		(1.26)		5.67		3.88		(1.01)		2.74
Total from investment operations		(.91)		5.91		4.18		(.66)		3.16
Distributions from net investment income		(.37)		(.27)		(.41)		(.40)		(.26)
Distributions from net realized gain		(1.15)		(.51)		-		- C		(2.81)
Total distributions		(1.52)		(.78)		(.41)		(.41) D		(3.07)
Net asset value, end of period	$	36.30	$	38.73	$	33.60	$	29.83	$	30.90
Total Return E,F		(2.34)%		17.78%		14.10%		(2.28)%		10.87%
Ratios to Average Net Assets B,G,H
Expenses before reductions		1.77%		1.78%		1.80%		1.81%		1.83%
Expenses net of fee waivers, if any		1.76%		1.78%		1.80%		1.81%		1.83%
Expenses net of all reductions		1.76%		1.78%		1.79%		1.80%		1.82%
Net investment income (loss)		.96%		.65%		.94%		1.12%		1.39%
Supplemental Data
Net assets, end of period (000 omitted)	$	58,042	$	61,087	$	49,312	$	63,458	$	66,525
Portfolio turnover rate I		66%		36%		45%		80% J		56%

ACalculated based on average shares outstanding during the period.

CAmount represents less than $.005 per share.

DTotal distributions per share do not sum due to rounding.

ETotal returns would have been lower if certain expenses had not been reduced during the applicable periods shown.

FTotal returns do not include the effect of the contingent deferred sales charge.

IAmount does not include the portfolio activity of any underlying mutual funds or exchange-traded funds (ETFs).

JPortfolio turnover rate excludes securities received or delivered in-kind.

Fidelity Advisor® Utilities Fund Class I

Years ended July 31,		2023		2022		2021		2020		2019
Selected Per-Share Data
Net asset value, beginning of period	$	40.68	$	35.39	$	31.40	$	32.47	$	32.21
Income from Investment Operations
Net investment income (loss) A,B		.76		.64		.66		.71		.76
Net realized and unrealized gain (loss)		(1.33)		5.98		4.10		(1.07)		2.88
Total from investment operations		(.57)		6.62		4.76		(.36)		3.64
Distributions from net investment income		(.74)		(.81)		(.77)		(.71)		(.58)
Distributions from net realized gain		(1.15)		(.51)		-		- C		(2.81)
Total distributions		(1.89)		(1.33) D		(.77)		(.71)		(3.38) D
Net asset value, end of period	$	38.22	$	40.68	$	35.39	$	31.40	$	32.47
Total Return E		(1.34)%		19.00%		15.30%		(1.30)%		12.04%
Ratios to Average Net Assets B,F,G
Expenses before reductions		.75%		.76%		.77%		.79%		.81%
Expenses net of fee waivers, if any		.74%		.75%		.77%		.78%		.80%
Expenses net of all reductions		.74%		.75%		.76%		.78%		.79%
Net investment income (loss)		1.98%		1.68%		1.97%		2.15%		2.41%
Supplemental Data
Net assets, end of period (000 omitted)	$	255,201	$	269,667	$	143,582	$	187,833	$	229,777
Portfolio turnover rate H		66%		36%		45%		80% I		56%

ACalculated based on average shares outstanding during the period.

CAmount represents less than $.005 per share.

DTotal distributions per share do not sum due to rounding.

ETotal returns would have been lower if certain expenses had not been reduced during the applicable periods shown.

HAmount does not include the portfolio activity of any underlying mutual funds or exchange-traded funds (ETFs).

IPortfolio turnover rate excludes securities received or delivered in-kind.

Fidelity Advisor® Utilities Fund Class Z

Years ended July 31,		2023		2022		2021		2020		2019 A
Selected Per-Share Data
Net asset value, beginning of period	$	40.66	$	35.38	$	31.42	$	32.48	$	33.14
Income from Investment Operations
Net investment income (loss) B,C		.81		.69		.71		.74		.63
Net realized and unrealized gain (loss)		(1.33)		5.98		4.08		(1.04)		2.13
Total from investment operations		(.52)		6.67		4.79		(.30)		2.76
Distributions from net investment income		(.79)		(.88)		(.83)		(.75)		(.61)
Distributions from net realized gain		(1.15)		(.51)		-		- D		(2.81)
Total distributions		(1.94)		(1.39)		(.83)		(.76) E		(3.42)
Net asset value, end of period	$	38.20	$	40.66	$	35.38	$	31.42	$	32.48
Total Return F,G		(1.21)%		19.17%		15.41%		(1.15)%		9.04%
Ratios to Average Net Assets B,H,I
Expenses before reductions		.62%		.63%		.64%		.65%		.66% J
Expenses net of fee waivers, if any		.62%		.63%		.64%		.65%		.66% J
Expenses net of all reductions		.62%		.63%		.63%		.64%		.64% J
Net investment income (loss)		2.10%		1.81%		2.10%		2.29%		2.41% J
Supplemental Data
Net assets, end of period (000 omitted)	$	108,817	$	106,266	$	54,746	$	52,034	$	17,071
Portfolio turnover rate K		66%		36%		45%		80% L		56%

AFor the period October 2, 2018 (commencement of sale of shares) through July 31, 2019.

CCalculated based on average shares outstanding during the period.

DAmount represents less than $.005 per share.

ETotal distributions per share do not sum due to rounding.

FTotal returns for periods of less than one year are not annualized.

GTotal returns would have been lower if certain expenses had not been reduced during the applicable periods shown.

JAnnualized.

KAmount does not include the portfolio activity of any underlying mutual funds or exchange-traded funds (ETFs).

LPortfolio turnover rate excludes securities received or delivered in-kind.

Additional Index Information

MSCI U.S. IMI Biotechnology 25-50 Index is a modified market capitalization-weighted index of stocks designed to measure the performance of Biotechnology companies in the MSCI U.S. Investable Market 2500 Index.

MSCI U.S. IMI Consumer Discretionary 25-50 Index is a modified market capitalization-weighted index of stocks designed to measure the performance of Consumer Discretionary companies in the MSCI U.S. Investable Market 2500 Index.

MSCI U.S. IMI Energy 25-50 Index is a modified market capitalization-weighted index of stocks designed to measure the performance of Energy companies in the MSCI U.S. Investable Market 2500 Index.

MSCI U.S. IMI Financials 5% Capped Linked Index is a modified market capitalization-weighted index of stocks designed to measure the performance of Financials companies in the MSCI U.S. Investable Market 2500 Index. Index returns shown for periods prior to September 1, 2016 are returns of the MSCI U.S. IM Financials 25/50 Index.

MSCI U.S. IMI Health Care 25-50 Index is a modified market capitalization-weighted index of stocks designed to measure the performance of Health Care companies in the MSCI U.S. Investable Market 2500 Index.

MSCI U.S. IMI Industrials 25-50 Index is a modified market capitalization-weighted index of stocks designed to measure the performance of Industrials companies in the MSCI U.S. Investable Market 2500 Index.

MSCI U.S. IMI Information Technology 25-50 Index is a modified market capitalization-weighted index of stocks designed to measure the performance of Information Technology companies in the MSCI U.S. Investable Market 2500 Index.

MSCI U.S. IMI Semiconductors & Semiconductor Equipment 25-50 Index is a modified market capitalization-weighted index of stocks designed to measure the performance of Semiconductors & Semiconductor Equipment companies in the MSCI U.S. Investable Market 2500 Index.

MSCI U.S. IMI Utilities 25-50 Index is a modified market capitalization-weighted index of stocks designed to measure the performance of Utilities companies in the MSCI U.S. Investable Market 2500 Index.

S&P 500® Index is a market capitalization-weighted index of 500 common stocks chosen for market size, liquidity, and industry group representation to represent U.S. equity performance.

Sales Charge Waiver Policies Applied by Certain Intermediaries

Ameriprise

The following information applies to Class A shares purchases if you have an account with or otherwise purchase fund shares through Ameriprise Financial:

Shareholders purchasing fund shares through an Ameriprise Financial brokerage account are eligible for the following front-end sales charge waivers and discounts, which may differ from those disclosed elsewhere in this prospectus or SAI.

Class A Shares Front-End Sales Charge Waivers Available at Ameriprise Financial:

Employer-sponsored retirement plans (e.g., 401(k) plans, 457 plans, employer-sponsored 403(b) plans, profit sharing and money purchase pension plans and defined benefit plans). For purposes of this provision, employer-sponsored retirement plans do not include SEP IRAs, Simple IRAs or SAR-SEPs.
Shares purchased through reinvestment of capital gains distributions and dividend reinvestment when purchasing shares of the same fund (but not any other fund within the same fund family).
Shares exchanged from Class C shares of the same fund in the month of or following the 7-year anniversary of the purchase date. To the extent that this prospectus elsewhere provides for a waiver with respect to exchanges of Class C shares or conversion of Class C shares following a shorter holding period, that waiver will apply.
Employees and registered representatives of Ameriprise Financial or its affiliates and their immediate family members.
Shares purchased by or through qualified accounts (including IRAs, Coverdell Education Savings Accounts, 401(k)s, 403(b) TSCAs subject to ERISA and defined benefit plans) that are held by a covered family member, defined as an Ameriprise financial advisor and/or the advisor's spouse, advisor's lineal ascendant (mother, father, grandmother, grandfather, great grandmother, great grandfather), advisor's lineal descendant (son, step-son, daughter, step-daughter, grandson, granddaughter, great grandson, great granddaughter) or any spouse of a covered family member who is a lineal descendant.
Shares purchased from the proceeds of redemptions within the same fund family, provided (1) the repurchase occurs within 90 days following the redemption, (2) the redemption and purchase occur in the same account, and (3) redeemed shares were subject to a front-end or deferred sales load (i.e., Rights of Reinstatement).

D.A. Davidson & Co. (D.A. Davidson)

Shareholders purchasing fund shares including existing fund shareholders through a D.A. Davidson platform or account, or through an introducing broker-dealer or independent registered investment advisor for which D.A. Davidson provides trade execution, clearance, and/or custody services, will be eligible for the following sales charge waivers (front-end sales charge waivers and contingent deferred, or back-end, sales charge waivers) and discounts, which may differ from those disclosed elsewhere in this prospectus or a fund's SAI.

Front-End Sales Charge Waivers on Class A Shares available at D.A. Davidson

Shares purchased within the same fund family through a systematic reinvestment of capital gains and dividend distributions.
Employees and registered representatives of D.A. Davidson or its affiliates and their family members as designated by D.A. Davidson.
Shares purchased from the proceeds of redemptions within the same fund family, provided (1) the repurchase occurs within 90 days following the redemption, (2) the redemption and purchase occur in the same account, and (3) redeemed shares were subject to a front-end or deferred sales charge (known as Rights of Reinstatement).
A shareholder in the fund's Class C Shares will have their shares converted at net asset value to Class A Shares (or the appropriate share class) of the fund if the shares are no longer subject to a CDSC and the conversion is consistent with D.A. Davidson's policies and procedures.

CDSC Waivers on Class A and Class C Shares available at D.A. Davidson

Death or disability of the shareholder.
Shares sold as part of a systematic withdrawal plan as described in a fund's prospectus.
Return of excess contributions from an IRA account.
Shares sold as part of a required minimum distribution for IRA or other qualifying retirement accounts pursuant to the Internal Revenue Code.
Shares acquired through a right of reinstatement.

Front-end sales charge discounts available at D.A. Davidson: breakpoints, rights of accumulation and/or letters of intent

Breakpoints as described in this prospectus.
Rights of accumulation which entitle shareholders to breakpoint discounts will be automatically calculated based on the aggregated holding of fund family assets held by accounts within the purchaser's household at D.A. Davidson. Eligible fund family assets not held at D.A. Davidson may be included in the calculation of rights of accumulation only if the shareholder notifies his or her financial advisor about such assets.
Letters of intent which allow for breakpoint discounts based on anticipated purchases within a fund family, over a 13-month time period. Eligible fund family assets not held at D.A. Davidson may be included in the calculation of letters of intent only if the shareholder notifies his or her financial advisor about such assets.

Edward D. Jones & Co., L.P. ("Edward Jones")

Policies Regarding Transactions Through Edward Jones

The following information has been provided by Edward Jones:

The following information supersedes prior information with respect to transactions and positions held in fund shares through an Edward Jones system. Clients of Edward Jones (also referred to as "shareholders") purchasing fund shares on the Edward Jones commission and fee-based platforms are eligible only for the following sales charge discounts (also referred to as "breakpoints") and waivers, which can differ from discounts and waivers described elsewhere in the mutual fund prospectus or SAI or through another broker-dealer. In all instances, it is the shareholder's responsibility to inform Edward Jones at the time of purchase of any relationship, holdings of the fund family, or other facts qualifying the purchaser for discounts or waivers. Edward Jones can ask for documentation of such circumstance. Shareholders should contact Edward Jones if they have questions regarding their eligibility for these discounts and waivers.

Breakpoints

• Breakpoint pricing, otherwise known as volume pricing, at dollar thresholds as described in the prospectus.

Rights of Accumulation ("ROA"):

The applicable sales charge on a purchase of Class A shares is determined by taking into account all share classes (except certain money market funds and any assets held in group retirement plans) of the mutual fund family held by the shareholder or in an account grouped by Edward Jones with other accounts for the purpose of providing certain pricing considerations ("pricing groups"). If grouping assets as a shareholder, this includes all share classes held on the Edward Jones platform and/or held on another platform. The inclusion of eligible fund family assets in the ROA calculation is dependent on the shareholder notifying Edward Jones of such assets at the time of calculation. Money market funds are included only if such shares were sold with a sales charge at the time of purchase or acquired in exchange for shares purchased with a sales charge.
The employer maintaining a SEP IRA plan and/or SIMPLE IRA plan may elect to establish or change ROA for the IRA accounts associated with the plan to a plan-level grouping as opposed to including all share classes at a shareholder or pricing group level.
ROA is determined by calculating the higher of cost minus redemptions or market value (current shares x NAV).

Letter of Intent ("LOI"):

Through a LOI, shareholders can receive the sales charge and breakpoint discounts for purchases shareholders intend to make over a 13-month period from the date Edward Jones receives the LOI. The LOI is determined by calculating the higher of cost or market value of qualifying holdings at LOI initiation in combination with the value that the shareholder intends to buy over a 13-month period to calculate the front-end sales charge and any breakpoint discounts. Each purchase the shareholder makes during that 13-month period will receive the sales charge and breakpoint discount that applies to the total amount. The inclusion of eligible fund family assets in the LOI calculation is dependent on the shareholder notifying Edward Jones of such assets at the time of calculation. Purchases made before the LOI is received by Edward Jones are not adjusted under the LOI and will not reduce the sales charge previously paid. Sales charges will be adjusted if LOI is not met.

If the employer maintaining a SEP IRA plan and/or SIMPLE IRA plan has elected to establish or change ROA for the IRA accounts associated with the plan to a plan-level grouping, LOIs will also be at the plan-level and may only be established by the employer.

Sales Charge Waivers:

Sales charges are waived for the following shareholders and in the following situations:

Associates of Edward Jones and its affiliates and their family members who are in the same pricing group (as determined by Edward Jones under its policies and procedures) as the associate. This waiver will continue for the remainder of the associate's life if the associate retires from Edward Jones in good-standing and remains in good standing pursuant to Edward Jones' policies and procedures.
Shares purchased in an Edward Jones fee-based program.
Shares purchased through reinvestment of capital gains distributions and dividend reinvestment.
Shares purchased from the proceeds of redeemed shares of the same fund family so long as the following conditions are met: 1) the proceeds are from the sale of shares within 60 days of the purchase, and 2) the sale and purchase are made in the same share class and the same account or the purchase is made in an individual retirement account with proceeds from liquidations in a non-retirement account.
Shares exchanged into Class A shares from another share class so long as the exchange is into the same fund and was initiated at the discretion of Edward Jones. Edward Jones is responsible for any remaining CDSC due to the fund company, if applicable. Any future purchases are subject to the applicable sales charge as disclosed in the prospectus.
Exchanges from Class C shares to Class A shares of the same fund, generally, in the 84th month following the anniversary of the purchase date or earlier at the discretion of Edward Jones.

CDSC Waivers:

If the shareholder purchases shares that are subject to a CDSC and those shares are redeemed before the CDSC is expired, the shareholder is responsible to pay the CDSC except in the following conditions:

The death or disability of the shareholder.
Systematic withdrawals with up to 10% per year of the account value.
Return of excess contributions from an Individual Retirement Account (IRA).
Shares sold as part of a required minimum distribution for IRA and retirement accounts if the redemption is taken in or after the year the shareholder reaches qualified age based on applicable IRS regulations.
Shares sold to pay Edward Jones fees or costs in such cases where the transaction is initiated by Edward Jones.
Shares exchanged in an Edward Jones fee-based program.
Shares acquired through NAV reinstatement.
Shares redeemed at the discretion of Edward Jones for Minimum Balances, as described below.

Other Important Information Regarding Transactions Through Edward Jones

Minimum Purchase Amounts:

Initial purchase minimum: $250
Subsequent purchase minimum: none

Minimum Balances:

Edward Jones has the right to redeem at its discretion fund holdings with a balance of $250 or less. The following are examples of accounts that are not included in this policy:

A fee-based account held on an Edward Jones platform
A 529 account held on an Edward Jones platform
An account with an active systematic investment plan or LOI

Exchanging Share Classes:

At any time it deems necessary, Edward Jones has the authority to exchange at NAV a shareholder's holdings in a fund to Class A shares of the same fund.

Janney Montgomery Scott LLC (Janney)

If you purchase fund shares through a Janney brokerage account, you will be eligible for the following load waivers (front-end sales charge waivers and CDSC waivers) and discounts, which may differ from those disclosed elsewhere in a fund's prospectus or SAI.

Front-end sales charge* waivers on Class A shares available at Janney:

Shares purchased through reinvestment of capital gains distributions and dividend reinvestment when purchasing shares of the same fund (but not any other fund within the fund family).
Shares purchased by employees and registered representatives of Janney or its affiliates and their family members as designated by Janney.
Shares purchased from the proceeds of redemptions within the same fund family, provided (1) the repurchase occurs within ninety (90) days following the redemption, (2) the redemption and purchase occur in the same account, and (3) redeemed shares were subject to a front-end or deferred sales load (i.e., right of reinstatement).
Employer-sponsored retirement plans (e.g., 401(k) plans, 457 plans, employer-sponsored 403(b) plans, profit sharing and money purchase pension plans and defined benefit plans). For purposes of this provision, employer-sponsored retirement plans do not include SEP IRAs, Simple IRAs, SAR-SEPs or Keogh plans.
Shares acquired through a right of reinstatement.
Class C shares that are no longer subject to a CDSC and are converted to Class A shares of the same fund pursuant to Janney's policies and procedures.

CDSC waivers on Class A and C shares available at Janney:

Shares sold upon the death or disability of the shareholder.
Shares sold as part of a systematic withdrawal plan as described in the fund's prospectus.
Shares sold in connection with a return of excess contributions from an IRA account.
Shares sold as part of a required minimum distribution for IRA and retirement accounts if the redemption is taken in or after the year the shareholder reaches qualified age based on applicable IRS regulations.
Shares sold to pay Janney fees but only if the transaction is initiated by Janney.
Shares acquired through a right of reinstatement.
Shares exchanged into the same share class of a different fund.

Front-end sales charge* discounts available at Janney: breakpoints, rights of accumulation, and/or letters of intent:

Breakpoints as described in the fund's prospectus.
Rights of accumulation (ROA), which entitle shareholders to breakpoint discounts, will be automatically calculated based on the aggregated holding of fund family assets held by accounts within the purchaser's household at Janney. Eligible fund family assets not held at Janney may be included in the ROA calculation only if the shareholder notifies his or her financial advisor about such assets.
Letters of intent which allow for breakpoint discounts based on anticipated purchases within a fund family, over a 13-month time period. Eligible fund family assets not held at Janney Montgomery Scott may be included in the calculation of letters of intent only if the shareholder notifies his or her financial advisor about such assets.

*Also referred to as an "initial sales charge."

J.P. Morgan Securities LLC

If you purchase or hold fund shares through an applicable J.P. Morgan Securities LLC brokerage account, you will be eligible for the following sales charge waivers (front-end sales charge waivers and CDSC, or back-end sales charge, waivers), share class conversion policy and discounts, which may differ from those disclosed elsewhere in a fund's prospectus or SAIs.

Front-end sales charge waivers on Class A shares available at J.P. Morgan Securities LLC

Shares exchanged from Class C (i.e., level-load) shares that are no longer subject to a CDSC and are exchanged into Class A shares of the same fund pursuant to J.P. Morgan Securities LLC's share class exchange policy.
Qualified employer-sponsored defined contribution and defined benefit retirement plans, nonqualified deferred compensation plans, other employee benefit plans and trusts used to fund those plans. For purposes of this provision, such plans do not include SEP IRAs, SIMPLE IRAs, SAR-SEPs or 501(c)(3) accounts.
Shares of funds purchased through J.P. Morgan Securities LLC Self-Directed Investing accounts.
Shares purchased through rights of reinstatement.
Shares purchased through reinvestment of capital gains distributions and dividend reinvestment when purchasing shares of the same fund (but not any other fund within the fund family).
Shares purchased by employees and registered representatives of J.P. Morgan Securities LLC or its affiliates and their spouse or financial dependent as defined by J.P. Morgan Securities LLC.

Class C to Class A share conversion

A shareholder in the fund's Class C shares will have their shares converted to Class A shares (or the appropriate share class) of the same fund if the shares are no longer subject to a CDSC and the conversion is consistent with J.P. Morgan Securities LLC's policies and procedures.

CDSC waivers on Class A and C shares available at J.P. Morgan Securities LLC

Shares sold upon the death or disability of the shareholder.
Shares sold as part of a systematic withdrawal plan as described in the fund's prospectus.
·Shares purchased in connection with a return of excess contributions from an IRA account.
Shares sold as part of a required minimum distribution for IRA and retirement accounts pursuant to the Internal Revenue Code.
Shares acquired through a right of reinstatement.

Front-end load discounts available at J.P. Morgan Securities LLC: breakpoints, rights of accumulation & letters of intent

Breakpoints as described in the prospectus.
Rights of Accumulation (ROA) which entitle shareholders to breakpoint discounts as described in the fund's prospectus will be automatically calculated based on the aggregated holding of fund family assets held by accounts within the purchaser's household at J.P. Morgan Securities LLC. Eligible fund family assets not held at J.P. Morgan Securities LLC (including 529 program holdings, where applicable) may be included in the ROA calculation only if the shareholder notifies their financial advisor about such assets.
Letters of Intent (LOI) which allow for breakpoint discounts based on anticipated purchases within a fund family, through J.P. Morgan Securities LLC, over a 13-month period of time (if applicable).

Merrill Lynch

Shareholders purchasing fund shares through a Merrill Lynch platform or account are eligible only for the following load waivers (front-end sales charge waivers and CDSC, or back-end, waivers) and discounts, which may differ from those disclosed elsewhere in this prospectus or SAI.

Front-end Sales Load Waivers on Class A Shares Available at Merrill Lynch:

Employer-sponsored retirement, deferred compensation and employee benefit plans (including health savings accounts) and trusts used to fund those plans, provided that the shares are not held in a commission-based brokerage account and shares are held for the benefit of the plan
Shares purchased by a 529 Plan (does not include 529 Plan units or 529-specific share classes or equivalents)
Shares purchased through a Merrill Lynch affiliated investment advisory program
Shares exchanged due to the holdings moving from a Merrill Lynch affiliated investment advisory program to a Merrill Lynch brokerage (non-advisory) account pursuant to Merrill Lynch's policies relating to sales load discounts and waivers
Shares purchased by third party investment advisors on behalf of their advisory clients through Merrill Lynch's platform
Shares of funds purchased through the Merrill Edge Self-Directed platform (if applicable)
Shares purchased through reinvestment of capital gains distributions and dividend reinvestment when purchasing shares of the same fund (but not any other fund within the fund family)
Shares exchanged from Class C (i.e., level-load) shares of the same fund pursuant to Merrill Lynch's policies relating to sales load discounts and waivers
Employees and registered representatives of Merrill Lynch or its affiliates and their family members
Directors or Trustees of the fund, and employees of the fund's investment adviser or any of its affiliates, as described in this prospectus
Eligible shares purchased from the proceeds of redemptions within the same fund family, provided (1) the repurchase occurs within 90 days following the redemption, (2) the redemption and purchase occur in the same account, and (3) redeemed shares were subject to a front-end or deferred sales load (known as Rights of Reinstatement). Automated transactions (i.e. systematic purchases and withdrawals) and purchases made after shares are automatically sold to pay Merrill Lynch's account maintenance fees are not eligible for reinstatement

CDSC Waivers on A, B, and C Shares Available at Merrill Lynch:

Death or disability of the shareholder
Shares sold as part of a systematic withdrawal plan as described in the fund's prospectus
Return of excess contributions from an IRA Account
Shares sold as part of a required minimum distribution for IRA and retirement accounts pursuant to the Internal Revenue Code
Shares sold to pay Merrill Lynch fees but only if the transaction is initiated by Merrill Lynch
Shares acquired through a right of reinstatement
Shares held in retirement brokerage accounts, that are exchanged for a lower cost share class due to transfer to certain fee based accounts or platforms (applicable to A and C shares only)
Shares received through an exchange due to the holdings moving from a Merrill Lynch affiliated investment advisory program to a Merrill Lynch brokerage (non-advisory) account pursuant to Merrill Lynch's policies relating to sales load discounts and waivers

Front-end Load Discounts Available at Merrill Lynch:

Breakpoints, Rights of Accumulation & Letters of Intent

Breakpoints as described in this prospectus
Rights of Accumulation (ROA) which entitle shareholders to breakpoint discounts as described in the fund's prospectus will be automatically calculated based on the aggregated holding of fund family assets held by accounts (including 529 program holdings, where applicable) within the purchaser's household at Merrill Lynch. Eligible fund family assets not held at Merrill Lynch may be included in the ROA calculation only if the shareholder notifies his or her financial advisor about such assets
Letters of Intent (LOI) which allow for breakpoint discounts based on anticipated purchases within a fund family, through Merrill Lynch, over a 13-month period of time (if applicable)

Morgan Stanley

Shareholders purchasing fund shares through a Morgan Stanley Wealth Management transactional brokerage account are eligible only for the following front-end sales charge waivers with respect to Class A shares, which may differ from and may be more limited than those disclosed elsewhere in this prospectus or SAI.

Front-end Sales Charge Waivers on Class A Shares Available at Morgan Stanley Wealth Management:

Employer-sponsored retirement plans (e.g., 401(k) plans, 457 plans, employer-sponsored 403(b) plans, profit sharing and money purchase pension plans and defined benefit plans). For purposes of this provision, employer-sponsored retirement plans do not include SEP IRAs, Simple IRAs, SAR-SEPs or Keogh plans
Morgan Stanley employee and employee-related accounts according to Morgan Stanley's account linking rules
Shares purchased through reinvestment of dividends and capital gains distributions when purchasing shares of the same fund
Shares purchased through a Morgan Stanley self-directed brokerage account
Class C (i.e., level-load) shares that are no longer subject to a contingent deferred sales charge and are converted to Class A shares of the same fund pursuant to Morgan Stanley Wealth Management's share class conversion program
Shares purchased from the proceeds of redemptions within the same fund family, provided (1) the repurchase occurs within 90 days following the redemption, (2) the redemption and purchase occur in the same account, and (3) redeemed shares were subject to a front-end or deferred sales charge
Your financial intermediary, on your behalf, can also convert Class M shares to Class A shares of the same fund, without a sales charge and on a tax free basis, if they are held in a brokerage account.

E*TRADE Front-End Sales Charge Waiver

Shareholders purchasing fund shares through an E*TRADE self-directed brokerage account will be eligible for a waiver of the front-end sales charge with respect to Class A shares (or the equivalent). This includes shares purchased through the reinvestment of dividends and capital gains distributions.

Oppenheimer & Co. (OPCO)

Shareholders purchasing fund shares through an OPCO platform or account are eligible only for the following load waivers (front-end sales charge waivers and CDSC waivers) and discounts, which may differ from those disclosed elsewhere in a fund's prospectus or SAI.

Front-end Sales Load Waivers on Class A Shares available at OPCO:

Employer-sponsored retirement, deferred compensation and employee benefit plans (including health savings accounts) and trusts used to fund those plans, provided that the shares are not held in a commission-based brokerage account and shares are held for the benefit of the plan
Shares purchased by or through a 529 Plan
Shares purchased through an OPCO affiliated investment advisory program
Shares purchased through reinvestment of capital gains distributions and dividend reinvestment when purchasing shares of the same fund (but not any other fund within the fund family)
Shares purchased from the proceeds of redemptions within the same fund family, provided (1) the repurchase occurs within 90 days following the redemption, (2) the redemption and purchase occur in the same account, and (3) redeemed shares were subject to a front-end or deferred sales load (known as rights of reinstatement).
A shareholder in the fund's Class C shares will have their shares converted at net asset value to Class A shares (or the appropriate share class) of the fund if the shares are no longer subject to a CDSC and the conversion is in line with the policies and procedures of OPCO
Employees and registered representatives of OPCO or its affiliates and their family members
Directors or Trustees of the fund, and employees of the fund's investment adviser or any of its affiliates, as described in this prospectus

CDSC Waivers on A, B and C Shares available at OPCO:

Death or disability of the shareholder
Shares sold as part of a systematic withdrawal plan as described in the fund's prospectus
Return of excess contributions from an IRA Account
Shares sold as part of a required minimum distribution for IRA and retirement accounts due to the shareholder reaching the qualified age based on applicable IRS regulations as described in the prospectus
Shares sold to pay OPCO fees but only if the transaction is initiated by OPCO
Shares acquired through a right of reinstatement

Front-end Load Discounts Available at OPCO: Breakpoints, Rights of Accumulation & Letters of Intent:

Breakpoints as described in this prospectus.
Rights of Accumulation (ROA) which entitle shareholders to breakpoint discounts will be automatically calculated based on the aggregated holding of fund family assets held by accounts within the purchaser's household at OPCO. Eligible fund family assets not held at OPCO may be included in the ROA calculation only if the shareholder notifies his or her financial advisor about such assets.

PFS Investments Inc. (PFSI)

Policies Regarding Fund Purchases Held on the PSS Platform

The following information supersedes all prior information with respect to transactions and positions held in fund shares purchased through PFSI and held on the mutual fund platform of its affiliate, Primerica Shareholder Services (PSS). Clients of PFSI (also referred to as "shareholders") purchasing fund shares on the PSS platform are eligible only for the following share classes, sales charge discounts (also referred to as "breakpoints") and waivers, which can differ from share classes, discounts and waivers described elsewhere in this prospectus or the related SAI or through another broker-dealer. In all instances, it is the shareholder's responsibility to inform PFSI at the time of a purchase of all holdings of Fidelity Advisor® funds on the PSS platform, or other facts qualifying the purchaser for discounts or waivers. PFSI may request reasonable documentation of such facts and condition the granting of any discount or waiver on the timely receipt of such documents. Shareholders should contact PSS if they have questions regarding their eligibility for these discounts and waivers.

Share Classes

Class A shares are available to non-retirement accounts, individual retirement accounts (IRA), SEP IRAs, SIMPLE IRAs, Keogh Plans, and all other account types.
Class C shares are available only to accounts with existing Class C share holdings.

Breakpoints

Breakpoint pricing at dollar thresholds as described in the prospectus of the fund you are purchasing.

Rights of Accumulation (ROA)

The applicable sales charge on a purchase of Class A shares is determined by taking into account all share classes (except any assets held in group retirement plans) of Fidelity Advisor® funds held by the shareholder on the PSS platform. The inclusion of eligible fund family assets in the ROA calculation is dependent on the shareholder notifying PFSI of such assets at the time of calculation. Shares of money market funds are included only if such shares were acquired in exchange for shares of another Fidelity Advisor® fund purchased with a sales charge. No shares of Fidelity Advisor® funds held by the shareholder away from the PSS platform will be granted ROA with shares of any Fidelity Advisor® fund purchased on the PSS platform.
Any SEP IRA plan, any SIMPLE IRA plan or any Payroll Deduction plan (PDP) on the PSS platform will be defaulted to plan-level grouping for purposes of ROA, which allows each participating employee ROA with all other eligible shares held in plan accounts on the PSS platform. At any time, a participating employee may elect to exercise a one-time option to change grouping for purposes of ROA to shareholder-level grouping, which allows the plan account of the electing employee ROA with his/her other eligible holdings on the PSS platform, but not with all other eligible participant holdings in the plan. Eligible shares held in plan accounts electing shareholder-level grouping will not be available for purposes of ROA to plan accounts electing plan-level grouping.
ROA is determined by calculating the higher of cost minus redemptions or current market value (current shares x NAV).

Letter of Intent (LOI)

By executing a LOI, shareholders can receive the sales charge and breakpoint discounts for purchases shareholders intend to make on the PSS platform over a 13-month period, beginning from the date PSS receives the LOI. The purchase price of the LOI is determined by calculating the higher of cost or market value of qualifying holdings at LOI initiation in combination with the dollar amount the shareholder intends to invest over a 13-month period to arrive at total investment for purposes of determining any breakpoint discount and the applicable front-end sales charge. Each purchase the shareholder makes during that 13-month period will receive the sales charge and breakpoint discount that applies to the projected total investment.
Only holdings of Fidelity Advisor® funds on the PSS platform are eligible for inclusion in the LOI calculation and the shareholder must notify PFSI of all eligible assets at the time of calculation.
Purchases made before the LOI is received by PSS are not adjusted under the LOI, and the LOI will not reduce any sales charge previously paid. Sales charges will be automatically adjusted if the total purchases required by the LOI are not met.
If an employer maintaining a SEP IRA plan, SIMPLE IRA plan or non-IRA PDP on the PSS platform has elected to establish or change ROA for the accounts associated with the plan to a plan-level grouping, LOIs will also be at the plan-level and may only be established by the employer. LOIs are not available to PDP IRA plans on the PSS platform with plan-level grouping for purposes of ROA but are available to any participating employee that elects shareholder-level grouping for purposes of ROA.

Sales Charge Waivers

Sales charges are waived for the following shareholders and in the following situations on the PSS platform:

Shares purchased through reinvestment of capital gains distributions and dividend reinvestment.
Shares purchased with the proceeds of redeemed shares of the same fund family so long as the following conditions are met: 1) the proceeds are from the sale of shares within 90 days of the purchase, 2) the sale and purchase are made in the same share class and the same account or the purchase is made in an individual retirement account with proceeds from liquidations in a non-retirement account, and 3) the redeemed shares were subject to a front-end or deferred sales load. Automated transactions (i.e., systematic purchases and withdrawals), full or partial transfers or rollovers of retirement accounts, and purchases made after shares are automatically sold to pay account maintenance fees are not eligible for this sales charge waiver.
Shares exchanged into Class A shares from another share class so long as the exchange is into the same fund and was initiated at the discretion of PFSI. PFSI is responsible for any remaining CDSC due to the fund company, if applicable. Any future purchases are subject to the applicable sales charge as disclosed in the prospectus.

Raymond James & Associates, Inc., Raymond James Financial Services, Inc. and Each Entity's Affiliates (Raymond James)

Intermediary-Defined Sales Charge Waiver Policies:

The availability of certain initial or deferred sales charge waivers and discounts may depend on the particular financial intermediary or type of account through which you purchase or hold fund shares. Intermediaries may have different policies and procedures regarding the availability of front-end sales load waivers or CDSC waivers, which are discussed below. In all instances, it is the purchaser's responsibility to notify the fund or the purchaser's financial intermediary at the time of purchase of any relationship or other facts qualifying the purchaser for sales charge waivers or discounts. For waivers and discounts not available through a particular intermediary, shareholders will have to purchase fund shares directly from the fund or through another intermediary to receive these waivers or discounts.

Shareholders purchasing fund shares through a Raymond James platform or account, or through an introducing broker-dealer or independent registered investment adviser for which Raymond James provides trade execution, clearance, and/or custody services, will be eligible only for the following load waivers (front-end sales charge waivers and CDSC waivers) and discounts, which may differ from those disclosed elsewhere in a fund's prospectus or SAI.

Front-end sales load waivers on Class A shares available at Raymond James:

Shares purchased in an investment advisory program.
Shares purchased within the same fund family through a systematic reinvestment of capital gains and dividend distributions.
Employees and registered representatives of Raymond James or its affiliates and their family members as designated by Raymond James.
Shares purchased from the proceeds of redemptions within the same fund family, provided (1) the repurchase occurs within 90 days following the redemption, (2) the redemption and purchase occur in the same account, and (3) redeemed shares were subject to a front-end or deferred sales load (known as Rights of Reinstatement).
A shareholder in the fund's Class C shares will have their shares converted at NAV to Class A shares (or the appropriate share class) of the fund if the shares are no longer subject to a CDSC and the conversion is in line with the policies and procedures of Raymond James.

CDSC Waivers on Classes A, B and C shares available at Raymond James:

Death or disability of the shareholder.
Shares sold as part of a systematic withdrawal plan as described in the fund's prospectus.
Return of excess contributions from an IRA Account.
Shares sold as part of a required minimum distribution for IRA and retirement accounts due to the shareholder reaching the qualified age based on applicable IRS regulations as described in the fund's prospectus.
Shares sold to pay Raymond James fees but only if the transaction is initiated by Raymond James.
Shares acquired through a right of reinstatement.

Front-end load discounts available at Raymond James: breakpoints, rights of accumulation, and/or letters of intent:

Breakpoints as described in this prospectus.
Rights of accumulation which entitle shareholders to breakpoint discounts will be automatically calculated based on the aggregated holding of fund family assets held by accounts within the purchaser's household at Raymond James. Eligible fund family assets not held at Raymond James may be included in the calculation of rights of accumulation only if the shareholder notifies his or her financial advisor about such assets.
Letters of intent which allow for breakpoint discounts based on anticipated purchases within a fund family, over a 13-month time period. Eligible fund family assets not held at Raymond James may be included in the calculation of letters of intent only if the shareholder notifies his or her financial advisor about such assets.

Robert W. Baird & Co. (Baird)

Shareholders purchasing fund shares through a Baird platform or account will only be eligible for the following sales charge waivers (front-end sales charge waivers and CDSC waivers) and discounts, which may differ from those disclosed elsewhere in this prospectus or the SAI.

Front-End Sales Charge Waivers on A-shares Available at Baird:

Shares purchased through reinvestment of capital gains distributions and dividend reinvestment when purchasing shares of the same fund
Shares purchased by employees and registered representatives of Baird or its affiliate and their family members as designated by Baird
Shares purchased from the proceeds of redemptions from a fund of the fund family, provided (1) the repurchase occurs within 90 days following the redemption, (2) the redemption and purchase occur in the same accounts, and (3) redeemed shares were subject to a front-end or deferred sales charge (known as rights of reinstatement)
A shareholder in a fund's C Shares will have their shares converted at NAV to A shares of the fund if the shares are no longer subject to CDSC and the conversion is in line with the policies and procedures of Baird
Employer-sponsored retirement plans or charitable accounts in a transactional brokerage account at Baird, including 401(k) plans, 457 plans, employer-sponsored 403(b) plans, profit sharing and money purchase pension plans and defined benefit plans. For purposes of this provision, employer-sponsored retirement plans do not include SEP IRAs, Simple IRAs or SAR-SEPs

CDSC Waivers on A and C shares Available at Baird:

Shares sold due to death or disability of the shareholder
Shares sold as part of a systematic withdrawal plan as described in a fund's prospectus
Shares sold due to returns of excess contributions from an IRA Account
Shares sold as part of a required minimum distribution for IRA and retirement accounts if the redemption is taken in or after the year the shareholder reaches qualified age based on applicable IRS regulations
Shares sold to pay Baird fees but only if the transaction is initiated by Baird
Shares acquired through a right of reinstatement

Front-End Sales Charge Discounts Available at Baird: Breakpoints and/or Rights of Accumulations:

Breakpoints as described in this prospectus
Rights of accumulation which entitle shareholders to breakpoint discounts will be automatically calculated based on the aggregated holding of Fidelity Advisor® funds held by accounts within the purchaser's household at Baird. Eligible Fidelity Advisor® funds not held at Baird may be included in the rights of accumulations calculation only if the shareholder notifies his or her financial advisor about such assets
Letters of Intent (LOI) allow for breakpoint discounts based on anticipated purchases of Fidelity Advisor® funds through Baird, over a 13-month period of time

Stifel, Nicolaus & Company, Incorporated (Stifel)

Front-end Sales Load Waiver on Class A Shares:

Shareholders who purchase fund shares through a Stifel platform or account or who own shares for which Stifel or an affiliate is the broker-dealer of record and who are invested in Class C shares will have their shares converted at NAV to Class A shares (or the appropriate share class) of the fund if the shares are no longer subject to a CDSC and the conversion is in line with the policies and procedures of Stifel.

US Bancorp Investments, Inc. (USBI)

Front-end Sales Load Waiver on Class A Shares:

Shareholders who purchase fund shares through a USBI platform or account or who own shares for which USBI or an affiliate is the broker-dealer of record, including shares in an omnibus account, and who are invested in Class C shares will have their shares converted at NAV to Class A shares (or the appropriate share class) of the fund if the shares are no longer subject to a CDSC and the conversion is in line with the policies and procedures of USBI.

IMPORTANT INFORMATION ABOUT OPENING A NEW ACCOUNT

To help the government fight the funding of terrorism and money laundering activities, the Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act of 2001 (USA PATRIOT ACT), requires all financial institutions to obtain, verify, and record information that identifies each person or entity that opens an account.
For individual investors opening an account: When you open an account, you will be asked for your name, address, date of birth, and other information that will allow Fidelity to identify you. You may also be asked to provide documents that may help to establish your identity, such as your driver's license.
For investors other than individuals: When you open an account, you will be asked for the name of the entity, its principal place of business and taxpayer identification number (TIN). You will be asked to provide information about the entity's control person and beneficial owners, and person(s) with authority over the account, including name, address, date of birth and social security number. You may also be asked to provide documents, such as drivers' licenses, articles of incorporation, trust instruments or partnership agreements and other information that will help Fidelity identify the entity.

You can obtain additional information about the funds. A description of each fund's policies and procedures for disclosing its holdings is available in its Statement of Additional Information (SAI) and on Fidelity's web sites. The SAI also includes more detailed information about each fund and its investments. The SAI is incorporated herein by reference (legally forms a part of the prospectus). Each fund's annual and semi-annual reports also include additional information. Each fund's annual report includes a discussion of the fund's holdings and recent market conditions and the fund's investment strategies that affected performance.

For a free copy of any of these documents or to request other information or ask questions about a fund, call Fidelity at 1-877-208-0098. In addition, you may visit Fidelity's web site at institutional.fidelity.com for a free copy of a prospectus, SAI, or annual or semi-annual report or to request other information.

The SAI, the funds' annual and semi-annual reports and other related materials are available from the Electronic Data Gathering, Analysis, and Retrieval (EDGAR) Database on the SEC's web site (http://www.sec.gov). You can obtain copies of this information, after paying a duplicating fee, by sending a request by e-mail to [email protected] or by writing the Public Reference Section of the SEC, Washington, D.C. 20549-1520. You can also review and copy information about the funds, including the funds' SAI, at the SEC's Public Reference Room in Washington, D.C. Call 1-202-551-8090 for information on the operation of the SEC's Public Reference Room.

Investment Company Act of 1940, File Number(s), 811-03010

Fidelity Distributors Company LLC (FDC) is a member of the Securities Investor Protection Corporation (SIPC). You may obtain information about SIPC, including the SIPC brochure, by visiting www.sipc.org or calling SIPC at 202-371-8300.

Fidelity, the Fidelity Investments Logo and all other Fidelity trademarks or service marks used herein are trademarks or service marks of FMR LLC. Any third-party marks that are used herein are trademarks or service marks of their respective owners. © 2023 FMR LLC. All rights reserved.

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