Variable Insurance Products Fund V
11/14/2025 | Press release | Distributed by Public on 11/14/2025 08:31
Summary Prospectus by Investment Company (Form 497K)
Supplement to the
Fidelity® Variable Insurance Products
Target Volatility Portfolio
Service Class and Service Class 2
April 30, 2025
Summary Prospectus
Fidelity® Variable Insurance Products
Target Volatility Portfolio
Service Class and Service Class 2
April 30, 2025
Summary Prospectus
On November 13, 2025, the Board of Trustees approved a plan of liquidation for Target Volatility Portfolio ("the fund"). Following Board approval, the fund will no longer pursue its stated investment objective and fund assets will be managed to provide for sufficient liquidity prior to liquidation. The fund is expected to liquidate on or about January 28, 2026. New positions in the fund may continue to be opened and existing shareholders may continue to hold their shares and purchase additional shares through the reinvestment of dividend and capital gain distributions until the fund's liquidation.
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VIPTV-SUSTK-1125-100
1.9921853.100
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November 14, 2025
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Variable Insurance Products Fund V published this content on November 14, 2025, and is solely responsible for the information contained herein. Distributed via Edgar on November 14, 2025 at 14:31 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]