FIDELITY INSTITUTIONAL MONEY MARKET FUNDS: CLASS I
Supplement to the Statement of Additional Information
DATED November 1, 1995
Effective November 13, 1995, the following information replaces similar
information found in the "Description of the Trusts" section on page 32.
CUSTODIAN. The Bank of New York, 48 Wall Street, New York, New York, is
custodian of the assets of each fund, except Tax-Exempt. UMB, 1010 Grand
Avenue, Kansas City, Missouri is custodian of the assets of Tax-Exempt. The
custodian is responsible for the safekeeping of a fund's assets and the
appointment of the subcustodian banks and clearing agencies. The custodian
takes no part in determining the investment policies of a fund or in
deciding which securities are purchased or sold by a fund. However, a fund
may invest in obligations of the custodian and may purchase securities from
or sell securities to the custodian. Chemical Bank, headquartered in New
York, may also serve as a special purpose custodian of certain assets in
connection with pooled repurchase agreement transactions.
FIDELITY INSTITUTIONAL MONEY MARKET FUNDS: CLASS II
Supplement to the Statement of Additional Information
DATED November 1, 1995
Effective November 13, 1995, the following information replaces similar
information found in the "Description of the Trusts" section on page 32.
CUSTODIAN. The Bank of New York, 48 Wall Street, New York, New York, is
custodian of the assets of each fund, except Tax-Exempt. UMB, 1010 Grand
Avenue, Kansas City, Missouri is custodian of the assets of Tax-Exempt. The
custodian is responsible for the safekeeping of a fund's assets and the
appointment of the subcustodian banks and clearing agencies. The custodian
takes no part in determining the investment policies of a fund or in
deciding which securities are purchased or sold by a fund. However, a fund
may invest in obligations of the custodian and may purchase securities from
or sell securities to the custodian. Chemical Bank, headquartered in New
York, may also serve as a special purpose custodian of certain assets in
connection with pooled repurchase agreement transactions.
FIDELITY INSTITUTIONAL MONEY MARKET FUNDS: CLASS III
Supplement to the Statement of Additional Information
DATED November 1, 1995
Effective November 13, 1995, the following information replaces similar
information found in the "Description of the Trusts" section on page 32.
CUSTODIAN. The Bank of New York, 48 Wall Street, New York, New York, is
custodian of the assets of each fund, except Tax-Exempt. UMB, 1010 Grand
Avenue, Kansas City, Missouri is custodian of the assets of Tax-Exempt. The
custodian is responsible for the safekeeping of a fund's assets and the
appointment of the subcustodian banks and clearing agencies. The custodian
takes no part in determining the investment policies of a fund or in
deciding which securities are purchased or sold by a fund. However, a fund
may invest in obligations of the custodian and may purchase securities from
or sell securities to the custodian. Chemical Bank, headquartered in New
York, may also serve as a special purpose custodian of certain assets in
connection with pooled repurchase agreement transactions.
