SUPPLEMENT TO THE FIDELITY ASSET MANAGER FUNDS PROSPECTUS
DATED NOVEMBER 19, 1993
The following replaces similar language found on page 3.
ASSET MANAGER: INCOME
Goal: high level of income, and capital appreciation when
appropriate.
NEUTRAL MIX
STOCKS 20%
(can range
from
0-35%)
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%)
With its emphasis on short-term instruments, Asset Manager:Income is the
most conservative fund in the family.
The following replaces similar language found on page 24.
ASSET MANAGER: INCOME
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%
FFM-93-3
December 18, 1993