SUPPLEMENT TO THE CAPITAL RESERVES: MONEY MARKET PORTFOLIO,
U.S. GOVERNMENT PORTFOLIO, AND
MUNICIPAL MONEY MARKET PORTFOLIO
PROSPECTUS
DATED DECEMBER 1, 1995
Effective September 30, 1996, the following information replaces the
similar information in the "How to Buy Shares" section on page 14 of the
funds' prospectus:
IF YOU ARE NEW TO FIDELITY, an initial investment must be preceded or
accompanied by a completed, signed application, which should be forwarded
to:
Fidelity Investments
P.O. Box 770002
Cincinnati, OH 45277-0081
