Fidelity VIP Mid Cap fund

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Fund Overview

Advisor

Fidelity Management & Research Company LLC

Objective/Focus:

Primarily securities of domestic or foreign companies with medium market capitalizations. May invest in either growth stocks or value stocks. The objective is long-term growth of capital.

Asset Class:

Mid-Cap Stocks

Style:

Blend

Overseas investments can pose more risks than domestic investments. Unit values are subject to fluctuations in foreign stock markets, currency values, interest rates, government regulations and political conditions.

Investing in small company stocks involves a greater degree of risk than investing in medium or large company stocks.

Investing in medium company stocks involves a greater degree of risk than investing in large company stocks.

Fund Facts as of 6/30/2025

Fund Inception

12-28-1998

First Available for Variable Annuity

05-01-2003

First Available for Variable Life

05-01-2003

Net Assets

$7.34 Billion

Top 10 Portfolio Holdings % of Net Assets

Equitable Holdings, Inc.

US Foods Holding Corp.

ITT, Inc.

East West Bancorp, Inc.

Reinsurance Group of America

RB Global, Inc.

Comfort Systems USA, Inc.

Performance Food Group Co.

BJ's Wholesale Club Holdings, Inc.

Wintrust Financial Corp.

Total % of Net Assets

13.7%

Sector Weightings % of Equities

Industrials

21.3%

Financials

19.1%

Health Care

12.2%

Consumer Discretionary

11.0%

Information Technology

9.9%