SUPPLEMENT TO THE
RETIREMENT GOVERNMENT
MONEY MARKET PORTFOLIO
OCTOBER 20, 1999
PROSPECTUS
SHAREHOLDER MEETING. On or about September 13, 2000, a meeting of the
shareholders of Retirement Government Money Market Portfolio will be
held to approve various proposals, including modifications to the
fund's management contract. Shareholders of record on July 17, 2000
are entitled to vote at the meeting. The proposed management contract
modifications for Retirement Government Money Market Portfolio include
a proposal to modify the list of enumerated expenses borne directly by
the fund under its present management contract to include annual
premiums payable on or after January 1, 2004, if any, for insurance
coverage provided by a captive mutual insurance company. The proposed
contract modifications also include a proposal to allow Fidelity
Management & Research Company and the trust, on behalf of the fund, to
modify its management contract subject to the requirements of the
Investment Company Act of 1940.
For more detailed information concerning the proposals under
consideration, please contact Fidelity at 1-888-622-3175 to request a
free copy of the proxy statement.
SUPPLEMENT TO THE
RETIREMENT MONEY MARKET PORTFOLIO
OCTOBER 20, 1999
PROSPECTUS
SHAREHOLDER MEETING. On or about September 13, 2000, a meeting of the
shareholders of Retirement Money Market Portfolio will be held to
approve various proposals, including modifications to the fund's
management contract. Shareholders of record on July 17, 2000 are
entitled to vote at the meeting. The proposed management contract
modifications for Retirement Money Market Portfolio include a proposal
to modify the list of enumerated expenses borne directly by the fund
under its present management contract to include annual premiums
payable on or after January 1, 2004, if any, for insurance coverage
provided by a captive mutual insurance company. The proposed contract
modifications also include a proposal to allow Fidelity Management &
Research Company and the trust, on behalf of the fund, to modify its
management contract subject to the requirements of the Investment
Company Act of 1940.
For more detailed information concerning the proposals under
consideration, please contact Fidelity at 1-888-622-3175 to request a
free copy of the proxy statement.
