SUPPLEMENT TO THE
FIDELITY ASSET MANAGER:
INCOME PROSPECTUS
DATED NOVEMBER 19, 1993
The following information
replaces similar information
found in the "EXPENSES"
section on page 4.
Management fee (after
reimbursement) .37%
12b-1 fee None
Other expenses .48%
Total fund operating expenses .85%
After 1 year $9
After 3 years $27
After 5 years $47
After 10 years $10
5
FMR has voluntarily agreed to
temporarily limit the fund's
operating expenses to .85% of
its average net assets. If this
agreement were not in effect,
the management fee, other
expenses, and total operating
expenses would be .44%,
.68%, and 1.12%, respectively.
Expenses eligible for
reimbursement do not include
interest, taxes, brokerage
commissions, or extraordinary
expenses.
The following replaces similar
language found on page 3.
The following information
supplements that found in the
"Minimum Investments" table
on page 10.
These minimums may vary for
a Fidelity Payroll Deduction
Program account in the fund.
Refer to the program's
materials for details.
The following replaces similar
language found on page 24.
The expected range and
approximate neutral mix for
each asset class are shown
below.
Normal Approximate
range neutral mix
STOCK CLASS 0-35% 20%
BOND CLASS 20-45% 30%
SHORT-TERM CLASS 20-80% 50%
SUPPLEMENT TO THE
FIDELITY ASSET MANAGER:
INCOME PROSPECTUS
DATED NOVEMBER 19, 1993
The following information
replaces similar information
found in the "EXPENSES"
section on page 4.
Management fee (after
reimbursement) .37%
12b-1 fee None
Other expenses .48%
Total fund operating expenses .85%
After 1 year $9
After 3 years $27
After 5 years $47
After 10 years $10
5
FMR has voluntarily agreed to
temporarily limit the fund's
operating expenses to .85% of
its average net assets. If this
agreement were not in effect,
the management fee, other
expenses, and total operating
expenses would be .44%,
.68%, and 1.12%, respectively.
Expenses eligible for
reimbursement do not include
interest, taxes, brokerage
commissions, or extraordinary
expenses.
The following replaces similar
language found on page 3.
The following information
supplements that found in the
"Minimum Investments" table
on page 10.
These minimums may vary for
a Fidelity Payroll Deduction
Program account in the fund.
Refer to the program's
materials for details.
The following replaces similar
language found on page 24.
The expected range and
approximate neutral mix for
each asset class are shown
below.
Normal Approximate
range neutral mix
STOCK CLASS 0-35% 20%
BOND CLASS 20-45% 30%
SHORT-TERM CLASS 20-80% 50%
NEUTRAL MIX
STOCKS 20%
(can range
from 0%-35%)
NEUTRAL MIX
STOCKS 20%
(can range
from 0%-35%)
BONDS 30%
(can range
from
20-45%)
SHORT-TERM
50%
(can range
from
20-80%)
Row: 1, Col: 1, Value: 50.0
Row: 1, Col: 2, Value: 20.0
Row: 1, Col: 3, Value: 30.0
Row: 1, Col: 1, Value: 50.0
Row: 1, Col: 2, Value: 20.0
Row: 1, Col: 3, Value: 30.0
BONDS 30%
(can range
from
20-45%)
SHORT-TERM
50%
(can range
from
20-80%)
AMI-94-2 August 1, 1994
AMI-94-2 August 1, 1994
