SUPPLEMENT TO THE
FIDELITY GROWTH
COMPANY FUND AND
FIDELITY EMERGING GROWTH
FUND
PROSPECTUS
DATED JANUARY 20, 1994
The following information
supplements the "Minimum
Investments" table on page 12.
These minimums for Growth
Company may vary for a
Fidelity Payroll Deduction
Program account in the fund.
Refer to the program's
materials for details.
The following information
replaces information in the
section entitled "Transaction
Details" beginning on page 21.
FDC collects the proceeds from
each fund's 3% sales charge
and may pay a portion of them
to securities dealers who have
sold fund shares, or to others,
including banks and other
financial institutions (qualified
recipients), under special
arrangements in connection
with FDC's sales activities. The
sales charge paid to qualified
recipients is 2.25% of a fund's
offering price.
The following information
replaces information found in
the section entitled "Sales
Charge Reductions and
Waivers" beginning on page 23.
7. If you are a current or former
trustee or officer of a Fidelity
fund or a current or retired
officer, director, or regular
employee of FMR Corp. or its
direct or indirect subsidiaries (a
Fidelity Trustee or employee),
the spouse of a Fidelity trustee
or employee, a Fidelity trustee
or employee acting as
custodian for a minor child, or a
person acting as trustee of a
trust for the sole benefit of the
minor child of a Fidelity trustee
or employee.
11. If you are a trust institution
or bank trust department
purchasing for your
non-discretionary,
non-retirement fiduciary
accounts, provided you execute
a Fidelity Trust load waiver
agreement which specifies
certain aggregate minimum and
operating provisions. This
waiver is available only for
shares purchased either
directly from Fidelity or through
a bank-affiliated broker, and is
unavailable, if the trust
department or institution is part
of an organization not
principally engaged in banking
or trust activities.
SUPPLEMENT TO THE
FIDELITY GROWTH
COMPANY FUND AND
FIDELITY EMERGING GROWTH
FUND
PROSPECTUS
DATED JANUARY 20, 1994
The following information
supplements the "Minimum
Investments" table on page 12.
These minimums for Growth
Company may vary for a
Fidelity Payroll Deduction
Program account in the fund.
Refer to the program's
materials for details.
The following information
replaces information in the
section entitled "Transaction
Details" beginning on page 21.
FDC collects the proceeds from
each fund's 3% sales charge
and may pay a portion of them
to securities dealers who have
sold fund shares, or to others,
including banks and other
financial institutions (qualified
recipients), under special
arrangements in connection
with FDC's sales activities. The
sales charge paid to qualified
recipients is 2.25% of a fund's
offering price.
The following information
replaces information found in
the section entitled "Sales
Charge Reductions and
Waivers" beginning on page 23.
7. If you are a current or former
trustee or officer of a Fidelity
fund or a current or retired
officer, director, or regular
employee of FMR Corp. or its
direct or indirect subsidiaries (a
Fidelity Trustee or employee),
the spouse of a Fidelity trustee
or employee, a Fidelity trustee
or employee acting as
custodian for a minor child, or a
person acting as trustee of a
trust for the sole benefit of the
minor child of a Fidelity trustee
or employee.
11. If you are a trust institution
or bank trust department
purchasing for your
non-discretionary,
non-retirement fiduciary
accounts, provided you execute
a Fidelity Trust load waiver
agreement which specifies
certain aggregate minimum and
operating provisions. This
waiver is available only for
shares purchased either
directly from Fidelity or through
a bank-affiliated broker, and is
unavailable, if the trust
department or institution is part
of an organization not
principally engaged in banking
or trust activities.
GCF/FEG-94-1 May 5, 1994
GCF/FEG-94-1 May 5, 1994
FIDELITY GROWTH COMPANY FUND
FIDELITY EMERGING GROWTH FUND
FUNDS OF FIDELITY MT. VERNON STREET TRUST
SUPPLEMENT TO THE STATEMENT OF ADDITIONAL INFORMATION
DATED JANUARY 20, 1994
The following information replaces example 8 found in the section
entitled "Additional Purchase and Redemption Information" beginning on page
14.
(8) if you are a current or former Trustee or officer of a Fidelity fund
or a current or retired officer, director, or regular employee of FMR Corp.
or its direct or indirect subsidiaries (a Fidelity Trustee or employee),
the spouse of a Fidelity Trustee or employee, a Fidelity Trustee or
employee acting as custodian for a minor child, or a person acting as
trustee of a trust for the sole benefit of the minor child of a Fidelity
Trustee or employee;
The following information supplements that found in the section entitled
"Additional Purchase and Redemption Information" beginning on page 14.
(11) if you are a registered investment adviser (RIA) purchasing for
your discretionary accounts, provided you execute a Fidelity RIA load
waiver agreement which specifies certain aggregate minimum and operating
provisions. This waiver is available only for shares purchased directly
from Fidelity, without a broker, and is unavailable if the RIA is part of
an organization principally engaged in the brokerage business;
(12) if you are a trust institution or bank trust department purchasing
for your non-discretionary, non-retirement fiduciary accounts, provided you
execute a Fidelity Trust load waiver agreement which specifies certain
aggregate minimum and operating provisions. This waiver is available only
for shares purchased either directly from Fidelity or through a
bank-affiliated broker, and is unavailable if the trust department or
institution is part of an organization not principally engaged in banking
or trust activities.
GCF/FEGB-94-1 May 5, 1994
