Fidelity Retirement Reserves®

The performance data featured represents past performance, which is no guarantee of future results. Investment returns and the principal value of a variable annuity will fluctuate; therefore, you may have a gain or loss when money is withdrawn or received. Fund performance fluctuates and currently may be significantly higher or lower than stated.

The Overall Morningstar Rating for a fund is derived from a weighted average of the performance figures associated with its three-, five-, and ten-year (if applicable) Morningstar Rating metrics, which are based on a risk-adjusted return. The top 10% of funds in each broad asset class receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars and the bottom 10% receive 1 star.

Looking for one-on-one help?

Call us at 800-634-9361

Fidelity
Fund Name
(Symbol, Fund Num)
  
AS OF 09/30/2016 Expense
Ratio
Sub Account
Inception Date
  
MORNINGSTAR RATINGS (AS OF 10/31/2016)
  1 Year   3 Years   5 Years   10 Years Life 2 of
  Sub Account
Investment Category  Overall Ratings 
VIP FundsManager 70 (FMPGC, 9155) +9.10% +4.99% +9.38% +4.32% +4.18% 0.95% 05/01/2006 Allocation--70% to 85% Equity Morningstar Rating 4 stars 4
1941 Funds Rated
Exchange VIP FundsManager 70
VIP FundsManager 20 (FMPEC, 9153) +4.52% +2.66% +3.54% +3.08% +3.12% 0.63% 05/01/2006 Allocation--15% to 30% Equity Morningstar Rating 4 stars 4
633 Funds Rated
Exchange VIP FundsManager 20
VIP Consumer Discretionary (FAVCI, 9033) +8.76% +8.63% +17.02% +8.04% +6.42% 0.70% 07/30/2001 Consumer Cyclical Morningstar Rating 3 stars 3
155 Funds Rated
Exchange VIP Consumer Discretionary
VIP Growth (FAVGR, 9006) +10.37% +8.87% +15.03% +6.93% +8.89% 0.64% 02/10/1988 Large Growth Morningstar Rating 4 stars 4
9500 Funds Rated
Exchange VIP Growth
VIP Balanced (FAVBB, 9003) +10.23% +7.10% +11.05% +6.02% +6.14% 0.51% 01/03/1995 Allocation--50% to 70% Equity Morningstar Rating 5 stars 5
6625 Funds Rated
Exchange VIP Balanced
VIP FundsManager 50 (FMPFC, 9154) +7.48% +4.21% +7.09% +4.06% +3.99% 0.82% 05/01/2006 Allocation--50% to 70% Equity Morningstar Rating 3 stars 3
6625 Funds Rated
Exchange VIP FundsManager 50
VIP Value (FVVPT, 9056) +9.74% +7.31% +15.17% +5.12% +5.77% 0.75% 07/01/2005 Large Value Morningstar Rating 4 stars 4
6569 Funds Rated
Exchange VIP Value
VIP Asset Manager: Growth (FAVAG, 9002) +5.25% +4.19% +9.23% +5.11% +5.97% 0.71% 01/09/1995 Allocation--70% to 85% Equity Morningstar Rating 4 stars 4
1941 Funds Rated
Exchange VIP Asset Manager: Growth
VIP Dynamic Capital Apprec (FAVDC, 9042) +7.56% +7.64% +15.14% +6.61% +7.83% 0.70% 09/26/2003 Large Growth Morningstar Rating 3 stars 3
9500 Funds Rated
Exchange VIP Dynamic Capital Apprec
VIP Industrials (FAVCC, 9034) +15.33% +6.85% +15.60% +8.69% +9.16% 0.69% 07/30/2001 Industrials Morningstar Rating 4 stars 4
81 Funds Rated
Exchange VIP Industrials
VIP High Income (FAVHI, 9009) +8.49% +3.44% +6.18% +5.31% +5.78% 0.68% 02/29/1988 High Yield Bond Morningstar Rating 3 stars 3
2298 Funds Rated
Exchange VIP High Income
VIP International Cap Apprec (FFLFC, 9449) +11.24% +5.98% +12.45% +3.76% +4.79% 0.98% 07/01/2005 Foreign Large Growth Morningstar Rating 4 stars 4
2094 Funds Rated
Exchange VIP International Cap Apprec
VIP Technology (FAVTT, 9038) +24.12% +12.57% +15.46% +9.83% +6.50% 0.69% 07/30/2001 Technology Morningstar Rating 3 stars 3
798 Funds Rated
Exchange VIP Technology
VIP Investment Grade Bond (FAVIB, 9011) +6.30% +3.34% +2.73% +4.03% +5.40% 0.42% 12/30/1988 Intermediate-Term Bond Morningstar Rating 4 stars 4
4406 Funds Rated
Exchange VIP Investment Grade Bond
VIP Freedom 2005 (FFRFT, 9047) +7.11% +3.52% +5.75% +3.75% +4.17% 0.52% 07/01/2005 Target-Date 2000-2010 Morningstar Rating 4 stars 4
164 Funds Rated
Exchange VIP Freedom 2005
VIP Freedom 2030 (FFRCT, 9053) +10.26% +5.15% +9.96% +4.65% +5.45% 0.66% 07/01/2005 Target-Date 2030 Morningstar Rating 5 stars 5
151 Funds Rated
Exchange VIP Freedom 2030
VIP Index 500 (FVIFC, 9010) +14.42% +10.18% +15.34% +6.33% +8.16% 0.10% 09/01/1992 Large Blend Morningstar Rating 5 stars 5
7493 Funds Rated
Exchange VIP Index 500
VIP Consumer Staples (FCSCC, 9166) +18.95% +12.74% +15.04% -- +9.59% 0.69% 04/30/2007 Consumer Defensive Morningstar Rating 5 stars 5
81 Funds Rated
Exchange VIP Consumer Staples
VIP Growth & Income (FAVGI, 9007) +14.11% +7.74% +15.01% +5.81% +6.24% 0.58% 12/31/1996 Large Blend Morningstar Rating 4 stars 4
7493 Funds Rated
Exchange VIP Growth & Income
VIP Growth Opportunities (FAVGO, 9008) +9.61% +7.70% +15.47% +7.44% +6.54% 0.67% 01/03/1995 Large Growth Morningstar Rating 2 stars 2
9500 Funds Rated
Exchange VIP Growth Opportunities
VIP Materials (FVMCC, 9167) +13.65% +1.27% +9.97% -- +5.81% 0.75% 04/30/2007 Natural Resources Morningstar Rating 5 stars 5
649 Funds Rated
Exchange VIP Materials
VIP Value Strategies (FAVVS, 9041) +7.23% +5.09% +14.32% +5.48% +6.86% 0.67% 09/26/2003 Large Value Morningstar Rating 2 stars 2
6569 Funds Rated
Exchange VIP Value Strategies
VIP Floating Rate High Income (FFLAC, 9360) +4.29% -- -- -- +1.88% 0.76% 04/30/2014 Bank Loan -- Exchange VIP Floating Rate High Income
VIP Freedom 2010 (FFRJT, 9051) +7.80% +3.96% +7.16% +4.42% +4.79% 0.55% 07/01/2005 Target-Date 2000-2010 Morningstar Rating 5 stars 5
164 Funds Rated
Exchange VIP Freedom 2010
VIP Real Estate (FAVRE, 9040) +15.90% +12.49% +14.80% +5.57% +10.25% 0.67% 09/26/2003 Real Estate Morningstar Rating 3 stars 3
887 Funds Rated
Exchange VIP Real Estate
VIP Equity-Income (FAVEI, 9005) +14.82% +6.58% +13.25% +4.28% +8.27% 0.62% 02/10/1988 Large Value Morningstar Rating 4 stars 4
6569 Funds Rated
Exchange VIP Equity-Income
VIP Overseas (FAVOO, 9014) +4.41% +0.32% +8.21% +1.76% +5.34% 0.80% 02/10/1988 Foreign Large Growth Morningstar Rating 3 stars 3
2094 Funds Rated
Exchange VIP Overseas
VIP Contrafund (FAVCF, 9004) +11.98% +8.57% +13.84% +6.49% +9.92% 0.63% 01/09/1995 Large Growth Morningstar Rating 3 stars 3
9500 Funds Rated
Exchange VIP Contrafund
VIP FundsManager 60 (FMPRC, 9200) +8.58% +4.88% +8.35% -- +4.26% 0.88% 04/30/2008 Allocation--50% to 70% Equity Morningstar Rating 3 stars 3
6625 Funds Rated
Exchange VIP FundsManager 60
VIP Energy (FAVNR, 9037) +23.25% -4.12% +4.96% +2.62% +6.52% 0.68% 07/30/2001 Equity Energy Morningstar Rating 4 stars 4
233 Funds Rated
Exchange VIP Energy
VIP Emerging Markets (FEMDC, 9448) +17.04% +1.54% +4.24% -- -2.10% 1.07% 04/30/2008 Diversified Emerging Mkts Morningstar Rating 4 stars 4
1616 Funds Rated
Exchange VIP Emerging Markets
VIP Strategic Income (FAVSI, 9043) +8.42% +3.54% +4.15% +5.21% +5.46% 0.69% 04/30/2004 Multisector Bond Morningstar Rating 5 stars 5
890 Funds Rated
Exchange VIP Strategic Income
VIP Utilities (FAVGP, 9039) +14.39% +8.70% +10.81% +6.32% +5.49% 0.71% 07/30/2001 Utilities Morningstar Rating 5 stars 5
559 Funds Rated
Exchange VIP Utilities
VIP FundsManager 85 (FMPHC, 9156) +10.67% +5.60% +11.03% +4.38% +4.17% 1.04% 05/01/2006 Allocation--85%+ Equity Morningstar Rating 4 stars 4
1113 Funds Rated
Exchange VIP FundsManager 85
VIP Government Money Market (FAVMM, 9013)
7 Day Yield % -0.55
As of 12/02/2016
-0.66% -0.74% -0.73% +0.27% +2.58% 0.25% 01/29/1988 Money Market-Taxable -- Exchange VIP Government Money Market
VIP Freedom Income (FFRIT, 9046) +5.91% +2.79% +3.80% +3.29% +3.48% 0.46% 07/01/2005 Target-Date Retirement Morningstar Rating 4 stars 4
46 Funds Rated
Exchange VIP Freedom Income
VIP Mid Cap (FAVMC, 9032) +9.42% +6.51% +12.23% +6.96% +8.72% 0.63% 05/01/2000 Mid-Cap Growth Morningstar Rating 4 stars 4
4208 Funds Rated
Exchange VIP Mid Cap
VIP Asset Manager (FAVAM, 9001) +5.37% +4.02% +7.46% +4.97% +6.43% 0.63% 10/04/1989 Allocation--50% to 70% Equity Morningstar Rating 4 stars 4
6625 Funds Rated
Exchange VIP Asset Manager
VIP Freedom 2020 (FFRTT, 9052) +9.01% +4.49% +8.25% +4.44% +5.10% 0.60% 07/01/2005 Target-Date 2020 Morningstar Rating 5 stars 5
192 Funds Rated
Exchange VIP Freedom 2020
VIP Disciplined Small Cap (FNRGC, 9149) +11.68% +6.64% +15.71% +6.10% +5.26% 0.85% 05/01/2006 Small Blend Morningstar Rating 4 stars 4
2511 Funds Rated
Exchange VIP Disciplined Small Cap
VIP Financial Services (FAVFS, 9035) +5.58% +5.58% +14.31% -1.54% +1.35% 0.71% 07/30/2001 Financial Morningstar Rating 3 stars 3
259 Funds Rated
Exchange VIP Financial Services
VIP Health Care (FAVHC, 9036) +5.80% +15.04% +22.43% +12.12% +9.31% 0.66% 07/30/2001 Health Morningstar Rating 4 stars 4
777 Funds Rated
Exchange VIP Health Care
VIP Telecommunications (FVTCC, 9168) +24.19% +8.54% +13.01% -- +4.28% 0.88% 04/30/2007 Communications Morningstar Rating 5 stars 5
132 Funds Rated
Exchange VIP Telecommunications
VIP Freedom 2025 (FFRYT, 9049) +9.54% +4.95% +9.57% +4.88% +5.57% 0.63% 07/01/2005 Target-Date 2025 Morningstar Rating 4 stars 4
76 Funds Rated
Exchange VIP Freedom 2025
VIP Freedom 2015 (FFROT, 9048) +8.57% +4.26% +7.50% +4.49% +5.03% 0.58% 07/01/2005 Target-Date 2015 Morningstar Rating 5 stars 5
114 Funds Rated
Exchange VIP Freedom 2015
Top
BlackRock
Fund Name
(Symbol, Fund Num)
  
AS OF 09/30/2016 Expense
Ratio
Sub Account
Inception Date
  
MORNINGSTAR RATINGS (AS OF 10/31/2016)
  1 Year   3 Years   5 Years   10 Years Life 2 of
  Sub Account
Investment Category  Overall Ratings 
Global Allocation V.I. Fund (FBPEC, 9343) +6.16% +2.52% -- -- +4.18% 1.02% 04/30/2012 World Allocation Morningstar Rating 4 stars 4
1993 Funds Rated
Exchange Global Allocation V.I. Fund
Top
Franklin Templeton
Fund Name
(Symbol, Fund Num)
  
AS OF 09/30/2016 Expense
Ratio
Sub Account
Inception Date
  
MORNINGSTAR RATINGS (AS OF 10/31/2016)
  1 Year   3 Years   5 Years   10 Years Life 2 of
  Sub Account
Investment Category  Overall Ratings 
Global Bond VIP Fund (FTPEC, 9345) -1.93% -1.87% -- -- +0.03% 0.77% 04/30/2012 World Bond Morningstar Rating 4 stars 4
1146 Funds Rated
Exchange Global Bond VIP Fund
U.S. Government Securities VIP Fund (FFPEC, 9344) +1.41% +1.18% -- -- +0.35% 0.75% 04/30/2012 Intermediate Government Morningstar Rating 4 stars 4
762 Funds Rated
Exchange U.S. Government Securities VIP Fund
Top
Invesco
Fund Name
(Symbol, Fund Num)
  
AS OF 09/30/2016 Expense
Ratio
Sub Account
Inception Date
  
MORNINGSTAR RATINGS (AS OF 10/31/2016)
  1 Year   3 Years   5 Years   10 Years Life 2 of
  Sub Account
Investment Category  Overall Ratings 
V.I. Global Core Equity (FIGVC, 9283) +9.76% +3.73% +8.86% -- +6.55% 1.06% 05/28/2010 World Stock Morningstar Rating 2 stars 2
3388 Funds Rated
Exchange V.I. Global Core Equity
Top
Lazard
Fund Name
(Symbol, Fund Num)
  
AS OF 09/30/2016 Expense
Ratio
Sub Account
Inception Date
  
MORNINGSTAR RATINGS (AS OF 10/31/2016)
  1 Year   3 Years   5 Years   10 Years Life 2 of
  Sub Account
Investment Category  Overall Ratings 
Retirement Emerging Markets Equity (FNRLC, 9150) +23.08% -1.84% +2.88% +3.83% +3.21% 1.15% 05/01/2006 Diversified Emerging Mkts Morningstar Rating 4 stars 4
1616 Funds Rated
Exchange Retirement Emerging Markets Equity
Top
Morgan Stanley
Fund Name
(Symbol, Fund Num)
  
AS OF 09/30/2016 Expense
Ratio
Sub Account
Inception Date
  
MORNINGSTAR RATINGS (AS OF 10/31/2016)
  1 Year   3 Years   5 Years   10 Years Life 2 of
  Sub Account
Investment Category  Overall Ratings 
Global Strategist (FAMIM, 9020) +7.43% +1.39% +6.38% +1.61% +2.60% 1.50% 11/24/1997 Tactical Allocation Morningstar Rating 3 stars 3
1212 Funds Rated
Exchange Global Strategist
Emerging Markets Debt (FAMMT, 9017) +16.03% +4.79% +4.96% +5.48% +6.74% 1.09% 11/24/1997 Emerging Markets Bond Morningstar Rating 5 stars 5
369 Funds Rated
Exchange Emerging Markets Debt
Emerging Markets Equity (FAMEE, 9018) +14.32% -0.59% +3.06% +2.73% +5.32% 1.31% 11/24/1997 Diversified Emerging Mkts Morningstar Rating 4 stars 4
1616 Funds Rated
Exchange Emerging Markets Equity
Top
PIMCO
Fund Name
(Symbol, Fund Num)
  
AS OF 09/30/2016 Expense
Ratio
Sub Account
Inception Date
  
MORNINGSTAR RATINGS (AS OF 10/31/2016)
  1 Year   3 Years   5 Years   10 Years Life 2 of
  Sub Account
Investment Category  Overall Ratings 
PIMCO VIT Total Return (FPOAC, 9270) +4.81% +2.51% +2.98% -- +3.43% 0.66% 09/30/2009 Intermediate-Term Bond Morningstar Rating 4 stars 4
4406 Funds Rated
Exchange PIMCO VIT Total Return
PIMCO VIT Real Return (FPNAC, 9269) +5.91% +1.02% +0.99% -- +3.17% 0.78% 09/30/2009 Inflation-Protected Bond Morningstar Rating 5 stars 5
946 Funds Rated
Exchange PIMCO VIT Real Return
PIMCO VIT Low Duration (FPMAC, 9268) +0.93% +0.26% +1.04% -- +1.46% 0.66% 09/30/2009 Short-Term Bond Morningstar Rating 5 stars 5
1113 Funds Rated
Exchange PIMCO VIT Low Duration
PIMCO VIT CommodityRealReturn Strategy (FPPEC, 9342) -0.36% -13.40% -- -- -11.95% 1.17% 04/30/2012 Commodities Broad Basket Morningstar Rating 4 stars 4
426 Funds Rated
Exchange PIMCO VIT CommodityRealReturn Strategy
Top
Wells Fargo
Fund Name
(Symbol, Fund Num)
  
AS OF 09/30/2016 Expense
Ratio
Sub Account
Inception Date
  
MORNINGSTAR RATINGS (AS OF 10/31/2016)
  1 Year   3 Years   5 Years   10 Years Life 2 of
  Sub Account
Investment Category  Overall Ratings 
Advantage VT Opportunity (FASOT, 9028) +11.78% +7.41% +13.25% +6.57% +7.34% 1.09% 11/24/1997 Large Growth Morningstar Rating 3 stars 3
9500 Funds Rated
Exchange Advantage VT Opportunity
Advantage VT Discovery (FASDD, 9027) +6.73% +3.39% +14.26% +8.70% +8.73% 1.17% 05/08/1992 Mid-Cap Growth Morningstar Rating 4 stars 4
4208 Funds Rated
Exchange Advantage VT Discovery
Top

MorningStar logoMorningstar data provided by Morningstar, Inc.

2012 Morningstar, Inc. All rights reserved. The Morningstar information contained herein; (1) is proprietary to Morningstar and/or its affiliates; (2) may not be copied or distributed; (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Fidelity does not review the Morningstar data and you should check the fund's current prospectus for the most up-to-date information concerning applicable loads, fees and expenses.

ANNUITY FUND PERFORMANCE:

  1. Returns since 11/1/97 include the 0.80% annual annuity charge for Fidelity Retirement Reserves and returns prior to 11/1/97 include a 1.00% annual annuity charge. Returns do not reflect the annual $30 maintenance fee which applies to contracts where total purchases payments, less any withdrawals, are less than $25,000. Certain funds have voluntary expense limits. Without these expense reimbursements, returns would have been lower.
  2. Returns for periods of less than one year are cumulative from the inception date indicated.

Performance returns reflect the subaccount inception, the date each portfolio was first available in the insurance company's variable product.

Total returns include changes in share price and reinvestment of dividends and capital gains.

Unless otherwise noted, returns are adjusted for all applicable recurring and non-recurring fees (including redemption fees), loads and charges, if any.

VIP refers to Variable Insurance Products.

You could lose money by investing in the Fidelity VIP Government Money Market Portfolio. Although the fund seeks to preserve the value of the investment at $1.00 per share, it cannot guarantee it will do so. An investment in the fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Fidelity Investments and its affiliates, the fund's sponsor, have no legal obligation to provide financial support to the fund, and you should not expect that the sponsor will provide financial support to the fund at any time.

The fund will not impose a fee upon the sale of its shares, nor temporarily suspend the ability to sell shares if the fund's weekly liquid assets fall below 30% of its total assets because of market conditions or other factors.

On December 1, 2015, Fidelity VIP Money Market changed its name to Fidelity VIP Government Money Market and will operate under certain different investment policies. The historical performance may not represent its current investment policies.

Withdrawals of taxable amounts from an annuity are subject to ordinary income tax, and, if taken before age 59 1/2, may be subject to a 10% IRS penalty.

ABOUT MORGAN STANLEY FUNDS: Morgan Stanley refers to Morgan Stanley Universal Institutional Funds Inc.

Prior to May 1, 2015, the Morgan Stanley Global Strategist Fund was known as Morgan Stanley Global Tactical Asset Allocation Fund.