SPARTAN(registered trademark) MONEY MARKET
FUND AND SPARTAN(registered trademark) U.S.
GOVERNMENT MONEY
MARKET FUND
SUPPLEMENT TO THE JUNE 25,
1993 PROSPECTUS
The following information
replaces similar information
found in the "Expenses and
Performance" section on page
4.
SPARTAN MONEY MARKET
Management fee (after
reimbursement) 0.42%
12b-1 fee None
Other expenses 0.00
%
Total fund operating expenses
0.42%
SPARTAN GOV'T MONEY MARKET
Management fee 0.45
%
12b-1 fee None
Other expenses 0.00
%
Total fund operating expenses
0.45%
SPARTAN MONEY MARKET
Examples
Account open
Account closed
After 1 year $ 4 $ 9
After 3 years $ 13 $ 18
After 5 years $ 24 $ 29
After 10 years $ 53 $ 58
SPARTAN GOV'T MONEY MARKET
Examples
Account open
Account closed
After 1 year $ 5 $ 10
After 3 years $ 14 $ 19
After 5 years $ 25 $ 30
After 10 years $ 57 $ 62
FMR has voluntarily agreed to
temporarily limit Spartan Money
Market's total operating
expenses to .42% of its average
net assets. If this agreement
were not in effect, the
management fee, other
expenses, and total operating
expenses would be .45%, .00%,
and .45%, respectively.
Expenses eligible for
reimbursement do not include
interest, taxes, brokerage
commissions or extraordinary
expenses.
The following information
replaces the first paragraph in
the "Transactions Services"
section on page 14.
EXCHANGE PRIVILEGE. You may
sell your fund shares and buy
shares of other Fidelity funds
by telephone or in writing.
There may be a $5.00 fee for
each exchange out of the funds
unless you initiate your
transaction on Fidelity's
automated exchange services.
SHAREHOLDER MEETING. On
March 23, 1994, shareholders
approved an amended
management contract for each
fund, effective April 1, 1994.
The following information
replaces that found under the
heading "Breakdown of
Expenses" on page 20.
SPARTAN MONEY MARKET pays a
management fee at the fixed
annual rate of .45% of the
fund's average net assets.
SPARTAN U.S. GOVERNMENT
MONEY MARKET pays a
management fee at the fixed
annual rate of .45% of the
fund's average net assets.
SPARTAN(registered trademark) MONEY MARKET
FUND AND SPARTAN(registered trademark) U.S.
GOVERNMENT MONEY
MARKET FUND
SUPPLEMENT TO THE JUNE 25,
1993 PROSPECTUS
The following information
replaces similar information
found in the "Expenses and
Performance" section on page
4.
SPARTAN MONEY MARKET
Management fee (after
reimbursement) 0.42%
12b-1 fee None
Other expenses 0.00
%
Total fund operating expenses
0.42%
SPARTAN GOV'T MONEY MARKET
Management fee 0.45
%
12b-1 fee None
Other expenses 0.00
%
Total fund operating expenses
0.45%
SPARTAN MONEY MARKET
Examples
Account open
Account closed
After 1 year $ 4 $ 9
After 3 years $ 13 $ 18
After 5 years $ 24 $ 29
After 10 years $ 53 $ 58
SPARTAN GOV'T MONEY MARKET
Examples
Account open
Account closed
After 1 year $ 5 $ 10
After 3 years $ 14 $ 19
After 5 years $ 25 $ 30
After 10 years $ 57 $ 62
FMR has voluntarily agreed to
temporarily limit Spartan Money
Market's total operating
expenses to .42% of its average
net assets. If this agreement
were not in effect, the
management fee, other
expenses, and total operating
expenses would be .45%, .00%,
and .45%, respectively.
Expenses eligible for
reimbursement do not include
interest, taxes, brokerage
commissions or extraordinary
expenses.
The following information
replaces the first paragraph in
the "Transactions Services"
section on page 14.
EXCHANGE PRIVILEGE. You may
sell your fund shares and buy
shares of other Fidelity funds
by telephone or in writing.
There may be a $5.00 fee for
each exchange out of the funds
unless you initiate your
transaction on Fidelity's
automated exchange services.
SHAREHOLDER MEETING. On
March 23, 1994, shareholders
approved an amended
management contract for each
fund, effective April 1, 1994.
The following information
replaces that found under the
heading "Breakdown of
Expenses" on page 20.
SPARTAN MONEY MARKET pays a
management fee at the fixed
annual rate of .45% of the
fund's average net assets.
SPARTAN U.S. GOVERNMENT
MONEY MARKET pays a
management fee at the fixed
annual rate of .45% of the
fund's average net assets.
SPM/SPU-94--4 June 1, 1994
SPM/SPU-94--4 June 1, 1994
