Exhibit (g)(5)
[FMR CO. LETTERHEAD]
July 14, 1999
The Bank of New York
00 Xxxxxxxxxx Xxxxxx
Xxx Xxxx, Xxx Xxxx 00000
Attn: Xxxxx Xxxxxxxx
Re: Amendment to the Fee Schedule to Custodian Agreement Dated as of
December 1, 1994, Between the Bank of New York and Each of the
Fidelity Funds Listed on Appendix "A" Attached Thereto
Dear Xxxxxx and Sirs:
Pursuant to Article VI of the Custodian Agreement, dated as of
December 1, 1994, between the Bank of New York (the "Custodian") and
each of the Fidelity Funds listed on Appendix A attached thereto (each
a "Fund" and collectively the "Funds") (the "Custodian Agreement"),
and to Section 1 of the Letter Agreement dated as of May 12, 1998
setting forth the fee schedule to the Custodian Agreement (the "Fee
Schedule", enclosed), the parties to the Custodian Agreement hereby
agree to amend the Fee Schedule as follows:
1. Effective July 1, 1999, the charge of $7.00 for purchases and
sales by a Fidelity "fund of funds" of shares of another Fidelity
Fund, which previously applied to the Fidelity Freedom Funds, should
also apply to Fidelity Four-In-One Index Fund and to any other fund
identified by the Fidelity Funds as a "fund of funds".
2. Effective April 1, 1999, the transaction fee for transactions
between Fidelity Funds in connection with a merger of such funds shall
be $5.00 regardless of the type of security involved.
This letter shall be governed by and construed in accordance with the
terms and provisions of the Custodian Agreement.
If you are in agreement with the foregoing, please countersign this
letter and return it to the undersigned.
Each of the Fidelity Funds
Listed on Schedule "A" to the
Custodian Agreement, on Behalf
Of Each of Their Respective
Portfolios
By: /s/Xxxxxxx X. Xxxxxx
Xxxxxxx X. Xxxxxx
Chief Financial Officer and
Treasurer of the Fidelity Funds
Accepted and agreed to
As of the date hereof:
By:/s/Xxxxxxx X. Xxxxxxxx
Xxxxxxx X. Xxxxxxxx
Vice President