SUPPLEMENT TO THE FIDELITY ASSET MANAGERTM PROSPECTUS
DATED NOVEMBER 20, 1995
The following information replaces the similar information found in the
Charter section beginning on page 8.
Michael Gray is vice president of Asset Manager and manager of its
fixed-income investments, which he has managed since March 1996. He also
manages Investment Grade Bond, Spartan Investment Grade Bond, and VIP II:
Investment Grade Bond. In addition, he manages the fixed-income investments
of Balanced, Asset Manager: Growth, Asset Manager: Income, VIP II: Asset
Manager, and VIP II: Asset Manager Growth. Mr. Gray joined Fidelity in
1982.
Richard Haberman is vice president and lead manager of Asset Manager, which
he has managed since March1996. He also manages Asset Manager: Growth,
Asset Manager: Income, VIP II: Asset Manager, and VIP II: Asset Manager
Growth. Previously, he was managing director and senior vice president of
Fidelity Management & Research Company, and he served as director of
international research and chief investment officer of Fidelity
International, Limited. Mr. Haberman joined Fidelity in 1968.
George Vanderheiden is vice president of Asset Manager and manager of its
equity investments, which he has managed since March 1996. He also manages
Destiny I, Destiny II, Advisor Growth Opportunities, and Advisor Annuity
Growth Opportunities. In addition, he manages the equity investments of
Asset Manager: Growth, Asset Manager: Income, VIP II: Asset Manager, and
VIP II: Asset Manager Growth. Mr. Vanderheiden joined Fidelity in 1971.
SUPPLEMENT TO THE FIDELITY ASSET MANAGER FUNDS PROSPECTUS
DATED NOVEMBER 20, 1995
The following information replaces the similar information found in the
Charter section on page 11.
Michael Gray is vice president of the Asset Manager Funds and manager of
their fixed-income investments, which he has managed since March 1996. He
also manages Investment Grade Bond, Spartan Investment Grade Bond, and VIP
II: Investment Grade Bond. In addition, he manages the fixed-income
investments of Balanced, VIP II: Asset Manager, and VIP II: Asset Manager
Growth. Mr. Gray joined Fidelity in 1982.
Richard Haberman is vice president and lead manager of the Asset Manager
Funds, which he has managed since March 1996. He also manages VIP II: Asset
Manager and VIP II: Asset Manager Growth. Previously, he was managing
director and senior vice president of Fidelity Management & Research
Company, and he served as director of international research and chief
investment officer of Fidelity International, Limited. Mr. Haberman joined
Fidelity in 1968.
George Vanderheiden is vice president of the Asset Manager Funds and
manager of their equity investments, which he has managed since March 1996.
He also manages Destiny I, Destiny II, Advisor Growth Opportunities, and
Advisor Annuity Growth Opportunities. In addition, he manages the equity
investments of VIP II: Asset Manager and VIP II: Asset Manager Growth. Mr.
Vanderheiden joined Fidelity in 1971.
