FIDELITY CONTRAFUND
SUPPLEMENT TO THE PROSPECTUS
DATED FEBRUARY 19, 1994
The following information
replaces similar information
contained in the table found on
page 5.
SELECTED PER-SHARE DATA
Year ended December 31, 1993
Income from Investment
Operations
Net investment income
.14
Net realized and unrealized
gain (loss) on investments
5.66
Total from investment
operations
5.80
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 details.
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 information
replaces similar language found
in the following items in the
"Sales Charge Reductions and
Waivers" section beginning on
page 21.
(7) 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.
(10) 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. Except for
correspondents of National
Financial Services Corporation,
this waiver is available only for
shares purchased directly from
Fidelity, and is unavailable if the
RIA is part of an organization
principally engaged in the
brokerage business.
(11) 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.
FIDELITY
CONTRAFUND
SUPPLEMENT TO THE PROSPECTUS
DATED FEBRUARY 19, 1994
The following information
replaces similar information
contained in the table found on
page 5.
SELECTED PER-SHARE DATA
Year ended December 31,
1993
Income from Investment
Operations
Net investment income
.14
Net realized and unrealized
gain (loss) on investments
5.66
Total from investment
operations
5.80
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 details.
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 information
replaces similar language found
in the following items in the
"Sales Charge Reductions and
Waivers" section beginning on
page 21.
(7) 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.
(10) 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. Except for
correspondents of National
Financial Services Corporation,
this waiver is available only for
shares purchased directly from
Fidelity, and is unavailable if the
RIA is part of an organization
principally engaged in the
brokerage business.
(11) 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.
CON-94-3 (continued) August 17, 1994 CON-94-3 (continued) August
17,1994
The following information
supplements that found in the
"Sales Charge Reductions and
Waivers" section beginning on
page 21.
(12) If you invest through a
non-prototype pension or
profit-sharing plan that
maintains all of its mutual fund
assets in Fidelity mutual funds,
provided the plan executes a
Fidelity non-prototype sales
charge waiver request form
confirming its qualification.(13) If
you invest as part of a payroll
deduction program through an
employer who is a member of the
Fidelity Retirement Client
Advisory Group or the Fidelity
Retail Advisory Group, provided
the employer enters into a
Fidelity payroll deduction load
waiver agreement which
specifies certain qualifying
restrictions and operating
provisions.
The following language replaces
the similar language found at the
end of the "Sales Charge
Reductions and Waivers"
section beginning on page 21.
These waivers must be qualified
through FDC in advance. More
detailed information about
waivers (1), (2), (5), (9), (10),
and (13) is contained in the
Statement of Additional
Information. A representative of
your plan or organization should
call Fidelity for more information.
The following information
supplements that found in the
"Sales Charge Reductions and
Waivers" section beginning on
page 21.
(12) If you invest through a
non-prototype pension or
profit-sharing plan that
maintains all of its mutual fund
assets in Fidelity mutual funds,
provided the plan executes a
Fidelity non-prototype sales
charge waiver request form
confirming its qualification.(13) If
you invest as part of a payroll
deduction program through an
employer who is a member of the
Fidelity Retirement Client
Advisory Group or the Fidelity
Retail Advisory Group, provided
the employer enters into a
Fidelity payroll deduction load
waiver agreement which
specifies certain qualifying
restrictions and operating
provisions.
The following language replaces
the similar language found at the
end of the "Sales Charge
Reductions and Waivers"
section beginning on page 21.
These waivers must be qualified
through FDC in advance. More
detailed information about
waivers (1), (2), (5), (9), (10),
and (13) is contained in the
Statement of Additional
Information. A representative of
your plan or organization should
call Fidelity for more information.
