| Fund Inception | 12/01/1978 |
| Name of Issuer | Fidelity Investments |
| Fund Advisor(s) | Fidelity Management & Research Company LLC |
| Sub-Advisor(s) | FMR Investment Management (U.K.) Limited Fidelity Management & Research (Japan) Limited Fidelity Management & Research (Hong Kong) Ltd |
Fund Managers for FDVLX
Matthew Friedman
Portfolio Manager since 05/13/2010
Matthew Friedman joined Fidelity Investments in 1999, since then Mr. Friedman has worked as a research analyst and portfolio manager. Prior to joining Fidelity, Friedman was an investment banking analyst for Lehman Brothers in New York. Friedman holds the Chartered Financial Analyst designation.
Laurie Mundt
Portfolio Manager since 06/07/2010
Prior to joining Fidelity Investments in 2008 as a research analyst, Ms. Mundt served as a vice president for T. Rowe Price Group, which she joined in 2000.
Shadman Riaz
Portfolio Manager since 06/07/2010
Shadman Riaz is a portfolio manager and a managing director of research in the Equity division at Fidelity
Investments. Fidelity Investments is a leading provider of investment management, retirement planning, portfolio
guidance, brokerage, benefits outsourcing, and other financial products and services to institutions, financial
intermediaries, and individuals.
In this role, Mr. Riaz is responsible for co-managing Fidelity Series Small Cap Opportunities Fund, Fidelity Stock
Selector Small Cap Fund, Fidelity and Fidelity Advisor Value Funds, and Fidelity Advisor Stock Selector Mid Cap
Fund. He also is the managing director of research for Fidelity’s global small cap research analysts. Previously, he
co-managed Fidelity Low-Priced Stock Fund and Fidelity Low-Priced Stock CIT.
Prior to assuming his current responsibilities, Mr. Riaz served as an equity analyst in Fidelity’s Equity division and as
a high-income analyst in Fidelity’s High Income division.
Before joining Fidelity in 2001, he held various other roles, including that of a financial analyst at Goldman Sachs &
Co. as well as internships at Bain & Co. and an Internet startup. He has been in the financial industry since 1996.
Mr. Riaz earned his bachelor of science degree, magna cum laude, in actuarial science and finance from the
University of Pennsylvania, and his master of business administration degree from Harvard Business School.
