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SUPPLEMENT TO THE FIDELITY TREND FUND AND FIDELITY VALUE FUND PROSPECTUS DATED FEBRUARY 20, 1996 The following information replaces the similar information found in "The Funds in Detail" section on page 11. Richard Fentin is manager and vice president of Value, which he has managed since March 1996. Previously, he managed Puritan. Mr. Fentin joined Fidelity in 1979.
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