DAILY MONEY FUND/MA/
DEFA14A, 1997-03-12
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IMPORTANT PROXY MATERIALS
ARE ON THE WAY TO YOUR CLIENTS RIGHT NOW!
Dear Investment Professional:
On May 9, 1997, there will be a Special Meeting of Shareholders of the
Fidelity Daily Money Fund: Treasury Only (Class I, Class II, Class III).
The enclosed Proxy Statement details the proposals pertaining to this fund. 
A copy of each shareholder letter being mailed to all of your clients who
hold shares in this fund is also enclosed.
We have also enclosed a Q&A to assist you in understanding the proposals
that will require voting.  If you have any questions about this proxy after
reading the letter, Proxy Statement, and Q&A, please call your Fidelity
representative at 800-843-3001.
We appreciate your support, and look forward to serving you in any way we
can.
Sincerely,
Edward C. Johnson 3d
Chairman and Chief Executive Officer
This letter is intended for investment professional use only, and may not
be reproduced or shown to
the public in oral or written form as sales material.   



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