Excess SIPC Coverage

Securities in accounts carried by National Financial Services LLC (“NFS”), a Fidelity Investments company, are protected in accordance with the Securities Investor Protection Corporation (“SIPC”) up to $500,000 (including cash claims limited to $100,000).  For details, please see www.sipc.org.   NFS has arranged for additional  protection for cash and covered securities to supplement its SIPC coverage.  This additional protection covers total account net equity in excess of the $500,000/$100,000 coverage provided by SIPC.  Neither coverage protects against a decline in the market value of securities.