SUPPLEMENT TO THE
CONTRAFUND
PROSPECTUS
DATED FEBRUARY 19, 1994
The following information
supplements that found in the
"Minimum Investments" table
on page 10.
These minimums may vary for
a Fidelity Payroll Deduction
Program account in the fund.
Refer to the program's
materials for datails.
The following information
replaces the similar language
found on page 20.
FDC collects the proceeds from
each fund's 3% sales charge
and may pay a portion of them
to securities dealers who have
sold fund shares, or to others,
including banks and other
financial institutions (qualified
recipients), under special
arrangements in connection
with FDC's sales activities. The
sales charge paid to qualified
recipients is 2.25% of a funds
offering price.
The following language
replaces the information found
in item number 7 on page 22.
If you are a current or former
trustee or officer of a Fidelity
fund or a current or retired
officer, director, or regular
employee of FMR Corp. or its
direct or indirect subsidiaries (a
Fidelity trustee or employee),
the spouse of a Fidelity trustee
or employee, a Fidelity trustee
or employee acting as
custodian for a minor child, or a
person acting as trustee of a
trust for the sole benefit of the
minor child of a Fidelity trustee
or employee.
The following language
replaces the information found
in item number 11 on page 22.
If you are a trust institution or
bank trust department
purchasing for your
non-discretionary,
non-retirement fiduciary
accounts, provided you execute
a Fidelity Trust load waiver
agreement which specifies
certain aggregate minimum and
operating provisions. This
waiver is available only for
shares puchased either directly
from Fidelity or through a
bank-affiliated broker and is
unavailable, if the trust
department or institution is part
of an organization not
principally engaged in banking
or trust activities.
SUPPLEMENT TO THE
CONTRAFUND
PROSPECTUS
DATED FEBRUARY 19, 1994
The following information
supplements that found in the
"Minimum Investments" table
on page 10.
These minimums may vary for
a Fidelity Payroll Deduction
Program account in the fund.
Refer to the program's
materials for datails.
The following information
replaces the similar language
found on page 20.
FDC collects the proceeds from
each fund's 3% sales charge
and may pay a portion of them
to securities dealers who have
sold fund shares, or to others,
including banks and other
financial institutions (qualified
recipients), under special
arrangements in connection
with FDC's sales activities. The
sales charge paid to qualified
recipients is 2.25% of a funds
offering price.
The following language
replaces the information found
in item number 7 on page 22.
If you are a current or former
trustee or officer of a Fidelity
fund or a current or retired
officer, director, or regular
employee of FMR Corp. or its
direct or indirect subsidiaries (a
Fidelity trustee or employee),
the spouse of a Fidelity trustee
or employee, a Fidelity trustee
or employee acting as
custodian for a minor child, or a
person acting as trustee of a
trust for the sole benefit of the
minor child of a Fidelity trustee
or employee.
The following language
replaces the information found
in item number 11 on page 22.
If you are a trust institution or
bank trust department
purchasing for your
non-discretionary,
non-retirement fiduciary
accounts, provided you execute
a Fidelity Trust load waiver
agreement which specifies
certain aggregate minimum and
operating provisions. This
waiver is available only for
shares puchased either directly
from Fidelity or through a
bank-affiliated broker and is
unavailable, if the trust
department or institution is part
of an organization not
principally engaged in banking
or trust activities.
CON-94-1 May 5, 1994
CON-94-1 May 5, 1994
FIDELITY CONTRAFUND
SUPPLEMENT TO THE STATEMENT OF ADDITIONAL INFORMATION
DATED FEBRUARY 19, 1994
The following language supplements that found in the "Performance" section,
beginning on page 10.
The fund may be compared in advertising to Certificates of Deposit (CDs) or
other investments issued by banks. The fund differs from bank investments
in several respects. The fund may offer greater liquidity or higher
potential returns than CDs; but unlike CDs, the fund does not guarantee
your principal or your return.
The following language replaces that found in item number (8) in the
section entitled "Additional Purchase and Redemption Information"
beginning on page 12.
(8) if you are a current or former Trustee or officer of a Fidelity fund
or a current or retired officer, director, or regular employee of FMR
Corp. or its direct or indirect subsidiaries (a Fidelity Trustee or
employee), the spouse of a Fidelity Trustee or employee, a Fidelity Trustee
or employee acting as custodian for a minor child, or a person acting as
trustee of a trust for the sole benefit of the minor child of a Fidelity
Trustee or employee;
The following language supplements that found in the section entitled
"Additional Purchase and Redemption Information" beginning on page 12.
(11) If you are a registered investment adviser (RIA) purchasing for
your discretionary accounts, provided you execute a Fidelity RIA load
waiver agreement which specifies certain aggregate minimum and operating
provisions. This waiver is available only for shares purchased directly
from Fidelity, without a broker, and is unavailable if the RIA is part of
an organization principally engaged in the brokerage business.
(12) If you are a trust institution or bank trust department purchasing
for your non-discretionary, non-retirement fiduciary accounts, provided you
execute a Fidelity Trust load waiver agreement which specifies certain
aggregate minimum and operating provisions. This waiver is available only
for shares purchased either directly from Fidelity or through a
bank-affiliated broker, and is unavailable if the trust department or
institution is part of an organization not principally engaged in banking
or trust activities.
CONB-94-2 May 5, 1994
