SUPPLEMENT TO THE
FIDELITY CAPITAL
APPRECIATION FUND
PROSPECTUS
DATED DECEMBER 19, 1994
T he following information
replaces the similar information
found in the Expenses section
beginning on page 5.
EXPENSES
SHAREHOLDER TRANSACTION
EXPENSES are charges you pay
when you buy, sell, or hold
shares of a fund. See pages 18
and 24-30 for an explanation of
how and when these charges
apply. Lower sales charges
may be available for accounts
over $250,000.
Maximum sales charge on
purchases
(as a % of offering price) 3.00%
Maximum sales charge on
reinvested distributions None
Deferred sales charge on
redemptions None
Exchange fee None
Annual account maintenance fee $
12.00
(for accounts under $2,500)
The following paragraph
supplements the information
found in the section entitled
Transaction Details beginning
on page 25.
FIDELITY RESERVES THE RIGHT TO
DEDUCT AN ANNUAL
MAINTENANCE FEE of $12.00
from accounts with a value of
less than $2,500 (including any
amount paid as a sales
charge), subject to an annual
maximum charge of $60.00 per
shareholder. It is
expected that accounts will be
valued on the second Friday in
November of each year.
Accounts opened after
September 30 will not be
subject to the fee for that year.
The fee, which is payable to
the transfer agent, is designed
to offset in part the relatively
higher costs of servicing
smaller accounts. The fee will
not be deducted from
retirement accounts, accounts
using regular investment plans,
or if total assets in Fidelity
funds exceed $50,000.
Eligibility for the $50,000 waiver
is determined by aggregating
Fidelity mutual fund accounts
maintained by FSC or FBSI
which are registered under the
same social security number or
which list the same social
security number for the
custodian of a Uniform
Gifts/Transfers to Minors Act
account.
SUPPLEMENT TO THE
FIDELITY CAPITAL
APPRECIATION FUND
PROSPECTUS
DATED DECEMBER 19, 1994
T he following information
replaces the similar information
found in the Expenses section
beginning on page 5.
EXPENSES
SHAREHOLDER TRANSACTION
EXPENSES are charges you pay
when you buy, sell, or hold
shares of a fund. See pages 18
and 24-30 for an explanation of
how and when these charges
apply. Lower sales charges
may be available for accounts
over $250,000.
Maximum sales charge on
purchases
(as a % of offering price) 3.00%
Maximum sales charge on
reinvested distributions None
Deferred sales charge on
redemptions None
Exchange fee None
Annual account maintenance fee $
12.00
(for accounts under $2,500)
The following paragraph
supplements the information
found in the section entitled
Transaction Details beginning
on page 25.
FIDELITY RESERVES THE RIGHT TO
DEDUCT AN ANNUAL
MAINTENANCE FEE of $12.00
from accounts with a value of
less than $2,500 (including any
amount paid as a sales
charge), subject to an annual
maximum charge of $60.00 per
shareholder. It is
expected that accounts will be
valued on the second Friday in
November of each year.
Accounts opened after
September 30 will not be
subject to the fee for that year.
The fee, which is payable to
the transfer agent, is designed
to offset in part the relatively
higher costs of servicing
smaller accounts. The fee will
not be deducted from
retirement accounts, accounts
using regular investment plans,
or if total assets in Fidelity
funds exceed $50,000.
Eligibility for the $50,000 waiver
is determined by aggregating
Fidelity mutual fund accounts
maintained by FSC or FBSI
which are registered under the
same social security number or
which list the same social
security number for the
custodian of a Uniform
Gifts/Transfers to Minors Act
account.
CAF-95-1 January 23, 1995
CAF-95-1 January 23, 1995
SUPPLEMENT TO THE
FIDELITY CAPITAL
APPRECIATION FUND
PROSPECTUS
DATED DECEMBER 19, 1994
T he following information
replaces the similar
information found in the
Expenses section beginning
on page 5.
EXPENSES
SHAREHOLDER TRANSACTION
EXPENSES are charges you
pay when you buy, sell, or
hold shares of a fund. See
pages 18 and 24-30 for an
explanation of how and when
these charges apply. Lower
sales charges may be
available for accounts over
$250,000.
Maximum sales charge on
purchases
(as a % of offering price) 3.00%
Maximum sales charge on
reinvested distributions None
Deferred sales charge on
redemptions None
Exchange fee None
Annual account maintenance fee
$12.00
(for accounts under $2,500)
The following paragraph
supplements the information
found in the section entitled
Transaction Details beginning
on page 25.
FIDELITY RESERVES THE RIGHT
TO DEDUCT AN ANNUAL
MAINTENANCE FEE of $12.00
from accounts with a value of
less than $2,500 (including
any amount paid as a sales
charge), subject to an annual
maximum charge of $60.00
per shareholder. It is
expected that accounts will
be valued on the second
Friday in November of each
year. Accounts opened after
September 30 will not be
subject to the fee for that
year. The fee, which is
payable to the transfer agent,
is designed to offset in part
the relatively higher costs of
servicing smaller accounts.
The fee will not be deducted
from retirement accounts,
accounts using regular
investment plans, or if total
assets in Fidelity funds
exceed $50,000. Eligibility for
the $50,000 waiver is
determined by aggregating
Fidelity mutual fund accounts
maintained by FSC or FBSI
which are registered under
the same social security
number or which list the
same social security number
for the custodian of a
Uniform Gifts/Transfers to
Minors Act account.
SUPPLEMENT TO THE
FIDELITY CAPITAL
APPRECIATION FUND
PROSPECTUS
DATED DECEMBER 19, 1994
T he following information
replaces the similar
information found in the
Expenses section beginning
on page 5.
EXPENSES
SHAREHOLDER TRANSACTION
EXPENSES are charges you
pay when you buy, sell, or
hold shares of a fund. See
pages 18 and 24-30 for an
explanation of how and when
these charges apply. Lower
sales charges may be
available for accounts over
$250,000.
Maximum sales charge on
purchases
(as a % of offering price) 3.00%
Maximum sales charge on
reinvested distributions None
Deferred sales charge on
redemptions None
Exchange fee None
Annual account maintenance fee
$12.00
(for accounts under $2,500)
The following paragraph
supplements the information
found in the section entitled
Transaction Details beginning
on page 25.
FIDELITY RESERVES THE RIGHT
TO DEDUCT AN ANNUAL
MAINTENANCE FEE of $12.00
from accounts with a value of
less than $2,500 (including
any amount paid as a sales
charge), subject to an annual
maximum charge of $60.00
per shareholder. It is
expected that accounts will
be valued on the second
Friday in November of each
year. Accounts opened after
September 30 will not be
subject to the fee for that
year. The fee, which is
payable to the transfer agent,
is designed to offset in part
the relatively higher costs of
servicing smaller accounts.
The fee will not be deducted
from retirement accounts,
accounts using regular
investment plans, or if total
assets in Fidelity funds
exceed $50,000. Eligibility for
the $50,000 waiver is
determined by aggregating
Fidelity mutual fund accounts
maintained by FSC or FBSI
which are registered under
the same social security
number or which list the
same social security number
for the custodian of a
Uniform Gifts/Transfers to
Minors Act account.
CAF-95-1 January 23, 1995
CAF-95-1 January 23, 1995
SUPPLEMENT TO THE
FIDELITY CAPITAL
APPRECIATION FUND
PROSPECTUS
DATED DECEMBER 19, 1994
T he following information
replaces the similar
information found in the
Expenses section beginning
on page 5.
EXPENSES
SHAREHOLDER TRANSACTION
EXPENSES are charges you
pay when you buy, sell, or
hold shares of a fund. See
pages 18 and 24-30 for an
explanation of how and when
these charges apply. Lower
sales charges may be
available for accounts over
$250,000.
Maximum sales charge on
purchases
(as a % of offering price) 3.00%
Maximum sales charge on
reinvested distributions None
Deferred sales charge on
redemptions None
Exchange fee None
Annual account maintenance fee
$12.00
(for accounts under $2,500)
The following paragraph
supplements the information
found in the section entitled
Transaction Details beginning
on page 25.
FIDELITY RESERVES THE RIGHT
TO DEDUCT AN ANNUAL
MAINTENANCE FEE of $12.00
from accounts with a value of
less than $2,500 (including
any amount paid as a sales
charge), subject to an annual
maximum charge of $60.00
per shareholder. It is
expected that accounts will
be valued on the second
Friday in November of each
year. Accounts opened after
September 30 will not be
subject to the fee for that
year. The fee, which is
payable to the transfer agent,
is designed to offset in part
the relatively higher costs of
servicing smaller accounts.
The fee will not be deducted
from retirement accounts,
accounts using regular
investment plans, or if total
assets in Fidelity funds
exceed $50,000. Eligibility for
the $50,000 waiver is
determined by aggregating
Fidelity mutual fund accounts
maintained by FSC or FBSI
which are registered under
the same social security
number or which list the
same social security number
for the custodian of a
Uniform Gifts/Transfers to
Minors Act account.
SUPPLEMENT TO THE
FIDELITY CAPITAL
APPRECIATION FUND
PROSPECTUS
DATED DECEMBER 19, 1994
T he following information
replaces the similar
information found in the
Expenses section beginning
on page 5.
EXPENSES
SHAREHOLDER TRANSACTION
EXPENSES are charges you
pay when you buy, sell, or
hold shares of a fund. See
pages 18 and 24-30 for an
explanation of how and when
these charges apply. Lower
sales charges may be
available for accounts over
$250,000.
Maximum sales charge on
purchases
(as a % of offering price) 3.00%
Maximum sales charge on
reinvested distributions None
Deferred sales charge on
redemptions None
Exchange fee None
Annual account maintenance fee
$12.00
(for accounts under $2,500)
The following paragraph
supplements the information
found in the section entitled
Transaction Details beginning
on page 25.
FIDELITY RESERVES THE RIGHT
TO DEDUCT AN ANNUAL
MAINTENANCE FEE of $12.00
from accounts with a value of
less than $2,500 (including
any amount paid as a sales
charge), subject to an annual
maximum charge of $60.00
per shareholder. It is
expected that accounts will
be valued on the second
Friday in November of each
year. Accounts opened after
September 30 will not be
subject to the fee for that
year. The fee, which is
payable to the transfer agent,
is designed to offset in part
the relatively higher costs of
servicing smaller accounts.
The fee will not be deducted
from retirement accounts,
accounts using regular
investment plans, or if total
assets in Fidelity funds
exceed $50,000. Eligibility for
the $50,000 waiver is
determined by aggregating
Fidelity mutual fund accounts
maintained by FSC or FBSI
which are registered under
the same social security
number or which list the
same social security number
for the custodian of a
Uniform Gifts/Transfers to
Minors Act account.
CAF-95-1 January 23, 1995
CAF-95-1 January 23, 1995
