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  1. Form 424B2 ROYAL BANK OF CANADA
    EDGAR SEC Filings | 11/29/21 05:17 PM EST

    http://archive.fast-edgar.com/20211129/A82ZA62CZW228ZCZ2R2I2Z42MLDLZC22ZW32 Filed on: November 29, 2021.

  2. Form 424B2 ROYAL BANK OF CANADA
    EDGAR SEC Filings | 11/29/21 05:17 PM EST

    http://archive.fast-edgar.com/20211129/A82ZA62CZW228ZCZ2R2I2Z42MLDLZC22ZM32 Filed on: November 29, 2021.

  3. Form 424B2 ROYAL BANK OF CANADA
    EDGAR SEC Filings | 11/29/21 05:17 PM EST

    http://archive.fast-edgar.com/20211129/A82ZA62CZW228ZCZ2R2I2Z42MLDLZC22ZC32 Filed on: November 29, 2021.

  4. Form 424B2 ROYAL BANK OF CANADA
    EDGAR SEC Filings | 11/29/21 05:17 PM EST

    http://archive.fast-edgar.com/20211129/A82ZA62CZW228ZCZ2R2I2Z42MLDLZC22Z232 Filed on: November 29, 2021.

  5. Form 424B2 ROYAL BANK OF CANADA
    EDGAR SEC Filings | 11/29/21 05:17 PM EST

    http://archive.fast-edgar.com/20211129/A82PA62CZW228ZCZ2R2I2Z42MLDLZC22Z232 Filed on: November 29, 2021.

  6. Form 424B2 ROYAL BANK OF CANADA
    EDGAR SEC Filings | 11/29/21 05:17 PM EST

    http://archive.fast-edgar.com/20211129/A82FA62CZW228ZCZ2R2I2Z42MLDLZC22Z232 Filed on: November 29, 2021.

  7. Form 424B2 ROYAL BANK OF CANADA
    EDGAR SEC Filings | 11/29/21 05:17 PM EST

    http://archive.fast-edgar.com/20211129/A822A62CZW228ZDZ2R2I2Z42MLDLSC22Z232 Filed on: November 29, 2021.

  8. Form 424B2 ROYAL BANK OF CANADA
    EDGAR SEC Filings | 11/29/21 05:17 PM EST

    http://archive.fast-edgar.com/20211129/A822A62CZW228ZDZ2R2I2Z42MLDLIC22Z232 Filed on: November 29, 2021.

  9. Form 424B2 ROYAL BANK OF CANADA
    EDGAR SEC Filings | 11/29/21 05:17 PM EST

    http://archive.fast-edgar.com/20211129/A822A62CZW228ZDZ2R2I2Z42MLDL8C22Z232 Filed on: November 29, 2021.

  10. Form 424B2 ROYAL BANK OF CANADA
    EDGAR SEC Filings | 11/29/21 05:16 PM EST

    http://archive.fast-edgar.com/20211129/A82ZA22CZW228TLZ2R2I2Z42MLDLZC22ZW32 Filed on: November 29, 2021.

In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

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