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National Financial Services LLC Statement of Financial Condition

Use of this site involves the electronic transmission of personal financial information. Using this product is consent to such transmission of this information; such consent is effective at all times when using this site. Fidelity supports 128-bit browser encryption. Usage of Fidelity's online trading services constitutes agreement of the Electronic Services Customer Agreement and&nbsp License Agreement.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

Fidelity Brokerage Services LLC, MemberNYSE,SIPC. 900 Salem Street, Smithfield, RI 02917

609606.8.0

As an expert in financial services and electronic trading, I bring a wealth of knowledge and experience to the table. With a background in finance and a deep understanding of the intricacies of online trading platforms, I can shed light on the concepts mentioned in the provided statement from National Financial Services LLC.

The statement begins by highlighting the electronic transmission of personal financial information, emphasizing the importance of user consent during the use of their online platform. This reflects a commitment to privacy and security, a fundamental concern in the financial industry. My expertise allows me to recognize the significance of such measures in safeguarding sensitive data, aligning with industry best practices.

The mention of 128-bit browser encryption by Fidelity further underscores their dedication to securing user information. In the realm of online trading, robust encryption is paramount to protect financial data from potential cyber threats. I can elaborate on the significance of encryption standards in maintaining the integrity of online transactions and fortifying the confidentiality of user details.

The reference to the Electronic Services Customer Agreement and License Agreement is a standard practice in the financial sector. These agreements outline the terms and conditions governing the use of online trading services. With my knowledge, I can explain the legal and contractual aspects involved, emphasizing the importance of users understanding and agreeing to these terms before engaging in financial transactions.

Moving on to the cautionary note before investing, the statement advises users to consider various factors such as investment objectives, risks, charges, and expenses. This aligns with prudent financial management, encouraging investors to make informed decisions. I can provide insights into the critical elements investors should assess before committing funds, helping them navigate the complexities of the investment landscape.

The concluding information about Fidelity Brokerage Services LLC being a member of NYSE and SIPC, along with the address details, serves as a regulatory disclosure. I can delve into the significance of being a member of these organizations, explaining the regulatory framework they provide and the protection they offer to investors.

In summary, my expertise in financial services positions me well to dissect and elucidate the various concepts embedded in the National Financial Services LLC Statement of Financial Condition. From privacy and security concerns to legal and regulatory aspects, I can provide a comprehensive understanding of the intricacies involved in utilizing online trading services.

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