Variable Insurance Products III

09/30/2025 | Press release | Distributed by Public on 09/30/2025 07:34

Prospectus by Investment Company (Form 497)

Supplement to the
Fidelity® Variable Insurance Products
Dynamic Capital Appreciation Portfolio
Initial Class, Service Class, and Service Class 2
April 30, 2025
Prospectus
The following information supplements information found in the "Fund Summary" section under the "Portfolio Manager(s)" heading.
It is expected that on or about September 30, 2025, Mr. Anolic and Mr. Weiner will transition off the fund, and Mr. Turner will assume sole portfolio manager responsibilities.
The following information supplements the biographical information found in the "Fund Management" section under the "Portfolio Manager(s)" heading.
It is expected that on or about September 30, 2025, Mr. Anolic and Mr. Weiner will transition off VIP Dynamic Capital Appreciation Portfolio, and Mr. Turner will assume sole portfolio manager responsibilities.
VDCAP-PSTK-0925-109
1.797986.109
September 30, 2025
Supplement to the
Fidelity® Variable Insurance Products
Dynamic Capital Appreciation Portfolio
Investor Class
April 30, 2025
Prospectus
The following information supplements information found in the "Fund Summary" section under the "Portfolio Manager(s)" heading.
It is expected that on or about September 30, 2025, Mr. Anolic and Mr. Weiner will transition off the fund, and Mr. Turner will assume sole portfolio manager responsibilities.
The following information supplements the biographical information found in the "Fund Management" section under the "Portfolio Manager(s)" heading.
It is expected that on or about September 30, 2025, Mr. Anolic and Mr. Weiner will transition off VIP Dynamic Capital Appreciation Portfolio, and Mr. Turner will assume sole portfolio manager responsibilities.
VIPDCA-INV-PSTK-0925-105
1.918635.105
September 30, 2025
Variable Insurance Products III published this content on September 30, 2025, and is solely responsible for the information contained herein. Distributed via SEC EDGAR on September 30, 2025 at 13:34 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 If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]