FIDELITY HASTINGS STREET TRUST
497, 1995-01-23
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   SUPPLEMENT TO THE
    
   FIDELITY FUND
    
   PROSPECTUS    
   DATED AUGUST 19, 1994    
   The following information     
   replaces the similar     
   information found in the     
   "Expenses" section on page     
   5.    
       SHAREHOLDER TRANSACTION 
EXPENSES    are charges you     
   pay when you buy, sell, or     
   hold shares of a fund. See     
   page 25 for more information     
   about these fees.    
   Maximum sales charge on     
   purchases and 
    
   reinvested distributions     None       
   Deferred sales charge on     
   redemptions     None       
   Exchange fee     None       
   Annual account maintenance fee     
   
    
   (for accounts under $2,500)     $12.
00       
   The following paragraph     
   supplements the information     
   found in the section entitled     
   Transaction Details beginning     
   on page 25.    
       FIDELITY RESERVES THE RIGHT 
TO DEDUCT AN ANNUAL 
MAINTENANCE FEE    of $12.00     
   from accounts with a value of     
   less than $2,500, subject to     
   an annual maximum charge     
   of $60.00 per shareholder. It     
   is expected that accounts will     
   be valued on the second     
   Friday in November of each    
   year. Accounts opened after     
   September 30 will not be     
   subject to the fee for that     
   year. The fee, which is     
   payable to the transfer agent,     
   is designed to offset in part     
   the relatively higher costs of     
   servicing smaller accounts.     
   The fee will not be deducted     
   from retirement accounts,     
   accounts using regular     
   investment plans, or if total     
   assets in Fidelity funds     
   exceed $50,000. Eligibility for     
   the $50,000 waiver is     
   determined by aggregating     
   Fidelity mutual fund accounts     
   maintained by FSC or FBSI     
   which are registered under     
   the same social security     
   number or which list the     
   same social security number     
   for the custodian of a     
   Uniform Gifts/Transfers to     
   Minors Act account.    
       
       
   SUPPLEMENT TO THE
    
   FIDELITY FUND
    
   PROSPECTUS    
   DATED AUGUST 19, 1994    
   The following information     
   replaces the similar     
   information found in the     
   "Expenses" section on page     
   5.    
       SHAREHOLDER TRANSACTION 
EXPENSES    are charges you     
   pay when you buy, sell, or     
   hold shares of a fund. See     
   page 25 for more information     
   about these fees.    
   Maximum sales charge on     
   purchases and 
    
   reinvested distributions     None       
   Deferred sales charge on     
   redemptions     None       
   Exchange fee     None       
   Annual account maintenance fee     
   
    
   (for accounts under $2,500)     $12.
00       
   The following paragraph     
   supplements the information     
   found in the section entitled     
   Transaction Details beginning     
   on page 25.    
       FIDELITY RESERVES THE RIGHT 
TO DEDUCT AN ANNUAL 
MAINTENANCE FEE    of $12.00     
   from accounts with a value of     
   less than $2,500, subject to     
   an annual maximum charge     
   of $60.00 per shareholder. It     
   is expected that accounts will     
   be valued on the second     
   Friday in November of each    
   year. Accounts opened after     
   September 30 will not be     
   subject to the fee for that     
   year. The fee, which is     
   payable to the transfer agent,     
   is designed to offset in part     
   the relatively higher costs of     
   servicing smaller accounts.     
   The fee will not be deducted     
   from retirement accounts,     
   accounts using regular     
   investment plans, or if total     
   assets in Fidelity funds     
   exceed $50,000. Eligibility for     
   the $50,000 waiver is     
   determined by aggregating     
   Fidelity mutual fund accounts     
   maintained by FSC or FBSI     
   which are registered under     
   the same social security     
   number or which list the     
   same social security number     
   for the custodian of a     
   Uniform Gifts/Transfers to     
   Minors Act account.    
       
       
   FID-95-1 January 23, 1995    
   FID-95-1 January 23, 1995    
 
   SUPPLEMENT TO THE
    
   FIDELITY FUND
    
   PROSPECTUS    
   DATED AUGUST 19, 1994    
   The following information     
   replaces the similar     
   information found in the     
   "Expenses" section on page     
   5.    
       SHAREHOLDER TRANSACTION 
EXPENSES    are charges you     
   pay when you buy, sell, or     
   hold shares of a fund. See     
   page 25 for more information     
   about these fees.    
   Maximum sales charge on     
   purchases and 
    
   reinvested distributions     None       
   Deferred sales charge on     
   redemptions     None       
   Exchange fee     None       
   Annual account maintenance fee     
   
    
   (for accounts under $2,500)     $12.
00       
   The following paragraph     
   supplements the information     
   found in the section entitled     
   Transaction Details beginning     
   on page 25.    
       FIDELITY RESERVES THE RIGHT 
TO DEDUCT AN ANNUAL 
MAINTENANCE FEE    of $12.00     
   from accounts with a value of     
   less than $2,500, subject to     
   an annual maximum charge     
   of $60.00 per shareholder. It     
   is expected that accounts will     
   be valued on the second     
   Friday in November of each    
   year. Accounts opened after     
   September 30 will not be     
   subject to the fee for that     
   year. The fee, which is     
   payable to the transfer agent,     
   is designed to offset in part     
   the relatively higher costs of     
   servicing smaller accounts.     
   The fee will not be deducted     
   from retirement accounts,     
   accounts using regular     
   investment plans, or if total     
   assets in Fidelity funds     
   exceed $50,000. Eligibility for     
   the $50,000 waiver is     
   determined by aggregating     
   Fidelity mutual fund accounts     
   maintained by FSC or FBSI     
   which are registered under     
   the same social security     
   number or which list the     
   same social security number     
   for the custodian of a     
   Uniform Gifts/Transfers to     
   Minors Act account.    
       
       
   SUPPLEMENT TO THE
    
   FIDELITY FUND
    
   PROSPECTUS    
   DATED AUGUST 19, 1994    
   The following information     
   replaces the similar     
   information found in the     
   "Expenses" section on page     
   5.    
       SHAREHOLDER TRANSACTION 
EXPENSES    are charges you     
   pay when you buy, sell, or     
   hold shares of a fund. See     
   page 25 for more information     
   about these fees.    
   Maximum sales charge on     
   purchases and 
    
   reinvested distributions     None       
   Deferred sales charge on     
   redemptions     None       
   Exchange fee     None       
   Annual account maintenance fee     
   
    
   (for accounts under $2,500)     $12.
00       
   The following paragraph     
   supplements the information     
   found in the section entitled     
   Transaction Details beginning     
   on page 25.    
       FIDELITY RESERVES THE RIGHT 
TO DEDUCT AN ANNUAL 
MAINTENANCE FEE    of $12.00     
   from accounts with a value of     
   less than $2,500, subject to     
   an annual maximum charge     
   of $60.00 per shareholder. It     
   is expected that accounts will     
   be valued on the second     
   Friday in November of each    
   year. Accounts opened after     
   September 30 will not be     
   subject to the fee for that     
   year. The fee, which is     
   payable to the transfer agent,     
   is designed to offset in part     
   the relatively higher costs of     
   servicing smaller accounts.     
   The fee will not be deducted     
   from retirement accounts,     
   accounts using regular     
   investment plans, or if total     
   assets in Fidelity funds     
   exceed $50,000. Eligibility for     
   the $50,000 waiver is     
   determined by aggregating     
   Fidelity mutual fund accounts     
   maintained by FSC or FBSI     
   which are registered under     
   the same social security     
   number or which list the     
   same social security number     
   for the custodian of a     
   Uniform Gifts/Transfers to     
   Minors Act account.    
       
       
   FID-95-1 January 23, 1995    
   FID-95-1 January 23, 1995    



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