FIDELITY INSTITUTIONAL CASH PORTFOLIOS
497, 1995-01-18
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Effective December 7, 1994 the following changes have been made to the
INVESTING IN THE FUND section on page 3 and the MINIMUM INVESTMENT AND
ACCOUNT BALANCE section on page 13. 
INVESTING IN THE FUND.   The Portfolios' Class A shares may be purchased at
the next determined net asset  value per Class A share (NAV).  Each
Portfolio requires a minimum initial investment of $1 million.  Additional
investments may be made in any amount.  For immediate acceptance of
purchase orders, federal funds must be transmitted.  See "How to Invest,"
page 13.
MINIMUM INVESTMENT AND ACCOUNT BALANCE.  The minimum initial investment to
establish a new account in Class A shares of each Portfolio is $1 million. 
Subsequent investments may be made in any amount.  To keep an account open,
please leave $1 million in it.  If an account balance falls below $1
million due to redemption, the account may be closed and the proceeds wired
to the bank account of record.  An investor will be given 30 days' notice
that the account will be closed unless an additional investment is made to
increase the account balance to the $1 million minimum.
 
 
Effective December 7, 1994 the following changes have been made to the
INVESTING IN THE FUND section on page 3 and the MINIMUM INVESTMENT AND
ACCOUNT BALANCE section on page 13. 
INVESTING IN THE FUND.   The Portfolios' Class A shares may be purchased at
the next determined net asset  value per Class A share (NAV).  Each
Portfolio requires a minimum initial investment of $1 million.  Additional
investments may be made in any amount.  For immediate acceptance of
purchase orders, federal funds must be transmitted.  See "How to Invest,"
page 13.
MINIMUM INVESTMENT AND ACCOUNT BALANCE.  The minimum initial investment to
establish a new account in Class A shares of each Portfolio is $1 million. 
Subsequent investments may be made in any amount.  To keep an account open,
please leave $1 million in it.  If an account balance falls below $1
million due to redemption, the account may be closed and the proceeds wired
to the bank account of record.  An investor will be given 30 days' notice
that the account will be closed unless an additional investment is made to
increase the account balance to the $1 million minimum.
 
Effective December 7, 1994 the following changes have been made to the
INVESTING IN THE FUND section on page 3 and the MINIMUM INVESTMENT AND
ACCOUNT BALANCE section on page 13. 
Effective December 7, 1994 the following changes have been made to the
INVESTING IN THE FUND section on page 3 and the MINIMUM INVESTMENT AND
ACCOUNT BALANCE section on page 13. 
 
Effective December 7, 1994 the following changes have been made to the
INVESTING IN THE FUND section on page 3 and the MINIMUM INVESTMENT AND
ACCOUNT BALANCE section on page 13. 
INVESTING IN THE FUND.   The Portfolios' Class A shares may be purchased at
the next determined net asset  value per Class A share (NAV).  Each
Portfolio requires a minimum initial investment of $1 million.  Additional
investments may be made in any amount.  For immediate acceptance of
purchase orders, federal funds must be transmitted.  See "How to Invest,"
page 13.
MINIMUM INVESTMENT AND ACCOUNT BALANCE.  The minimum initial investment to
establish a new account in Class A shares of each Portfolio is $1 million. 
Subsequent investments may be made in any amount.  To keep an account open,
please leave $1 million in it.  If an account balance falls below $1
million due to redemption, the account may be closed and the proceeds wired
to the bank account of record.  An investor will be given 30 days' notice
that the account will be closed unless an additional investment is made to
increase the account balance to the $1 million minimum.
 
 
Effective December 7, 1994 the following changes have been made to the
INVESTING IN THE FUND section on page 3 and the MINIMUM INVESTMENT AND
ACCOUNT BALANCE section on page 13. 
INVESTING IN THE FUND.   The Portfolios' Class A shares may be purchased at
the next determined net asset  value per Class A share (NAV).  Each
Portfolio requires a minimum initial investment of $1 million.  Additional
investments may be made in any amount.  For immediate acceptance of
purchase orders, federal funds must be transmitted.  See "How to Invest,"
page 13.
MINIMUM INVESTMENT AND ACCOUNT BALANCE.  The minimum initial investment to
establish a new account in Class A shares of each Portfolio is $1 million. 
Subsequent investments may be made in any amount.  To keep an account open,
please leave $1 million in it.  If an account balance falls below $1
million due to redemption, the account may be closed and the proceeds wired
to the bank account of record.  An investor will be given 30 days' notice
that the account will be closed unless an additional investment is made to
increase the account balance to the $1 million minimum.
 
Effective December 7, 1994 the following changes have been made to the
INVESTING IN THE FUND section on page 3 and the MINIMUM INVESTMENT AND
ACCOUNT BALANCE section on page 13. 
Effective December 7, 1994 the following changes have been made to the
INVESTING IN THE FUND section on page 3 and the MINIMUM INVESTMENT AND
ACCOUNT BALANCE section on page 13. 



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