Download Fidelity® VIP Growth Portfolio — Service Class 2

Release Date: 06-30-2017
Fidelity® VIP Growth Portfolio — Service Class 2
Investment Strategy from investment’s prospectus
The investment seeks to achieve capital appreciation. The fund
primarily invests in common stocks. It invests in companies that the
adviser believes have above-average growth potential (stocks of these
companies are often called "growth" stocks). The fund invests in
domestic and foreign issuers. It uses fundamental analysis of factors
such as each issuer's financial condition and industry position, as well as
market and economic conditions, to select investments.
Portfolio Analysis as of 05-31-17
Composition as of 05-31-17
U.S. Stocks
Non-U.S. Stocks
Bonds
Cash
Other
% Assets
90.58
7.82
0.00
1.60
0.00
Morningstar Style BoxTM as of 05-31-17
Category Description: Large Growth
Large-growth funds invest primarily in big companies that are projected
to grow faster than other large-cap stocks. Most of these funds focus on
companies in rapidly expanding industries.
Top 20 Holdings as of 05-31-17
Facebook Inc A
Alphabet Inc A
Amazon.com Inc
Charter Communications Inc A
Apple Inc
% Assets
6.91
6.18
4.33
3.12
3.05
Statistics as of 05-31-17
P/E Ratio
P/B Ratio
P/C Ratio
GeoAvgCap($mil)
Operations
Fund Inception Date
01-12-00
Initial Share Class Inception Date
10-09-86
Advisor
Fidelity Management & Research Company
Subadvisor
FMR Co., Inc. (FMRC)
FMR Investment Management (U.K.) Limited
Fidelity Management & Research (HK) Ltd
Fidelity Management & Research (Japan)
Limited
Fees and Expenses as of 04-30-17
Gross Prospectus Expense Ratio
Net Prospectus Expense Ratio
Waiver Data
—
Type
—
0.89%
0.89%
Exp.Date
—
%
—
Portfolio Manager(s)
Jason Weiner, CFA. M.S., Swarthmore College, 1991. B.A., Swarthmore
College. Since 2006.
Asher Anolic. Since 2017.
••
••
•
The Home Depot Inc
Electronic Arts Inc
Adobe Systems Inc
Global Payments Inc
Visa Inc Class A
2.73
2.37
1.92
1.91
1.66
American Tower Corp
Realogy Holdings Corp
Autodesk Inc
Amgen Inc
PayPal Holdings Inc
1.62
1.61
1.50
1.46
1.39
Salesforce.com Inc
CME Group Inc Class A
JPMorgan Chase & Co
Boston Scientific Corp
Herbalife Ltd
1.35
1.31
1.30
1.26
1.24
147
—
61.00
4,961.01
Total Number of Stock Holdings
Total Number of Bond Holdings
Annual Turnover Ratio %
Total Fund Assets ($mil)
Volatility Analysis
% Mkt Cap
44.03
29.86
18.18
6.07
1.87
Giant
Large
Medium
Small
Micro
Stk Port Avg
27.93
4.44
14.06
58,515.39
Risk Measures as of 06-30-17
3 Yr Std Dev
3 Yr Sharpe Ratio
3 Yr Alpha
3 Yr Beta
3 Yr R-squared
Morningstar Sectors as of 05-31-17
Cyclical
Basic Materials
Consumer Cyclical
Financial Services
Real Estate
Port Avg
11.33
0.86
0.68
0.95
75.43
S&P 500 Category
19.94
23.69
2.82
4.52
11.50
14.93
87,979.22 108,111.51
S&P 500
10.35
0.92
—
—
—
Category
11.66
0.76
-0.87
1.03
83.82
%Fund S&P 500 %
28.36
32.56
1.70
2.89
13.76
11.02
10.96
16.33
1.94
2.32
Sensitive
Communication Services
Energy
Industrials
Technology
50.81
5.12
1.27
7.92
36.50
40.34
3.89
6.01
10.56
19.88
Defensive
Consumer Defensive
Healthcare
Utilities
20.83
8.75
12.08
0.00
27.09
9.12
14.81
3.16
Investment
Notes
T
Low
Moderate
High
S
Category
In the past, this investment has shown a relatively moderate range of
price fluctuations relative to other investments. This investment may
experience larger or smaller price declines or price increases depending
on market conditions. Some of this risk may be offset by owning other
investments with different portfolio makeups or investment strategies.
This material is authorized for client use only when preceded or
accompanied by a Disclosure Statement, a product prospectus, a fund
prospectus and/or informational brochure containing more complete
information. These can be obtained from your investment professional
and should be read carefully before investing or sending money.
NOT A DEPOSIT — NOT FDIC INSURED — NOT INSURED BY ANY
FEDERAL GOVERNMENT AGENCY — NOT GUARANTEED BY THE
INSTITUTION — MAY GO DOWN IN VALUE
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or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.