SUPPLEMENT TO THE FIDELITY
NEW MILLENNIUM
FUND(registered trademark)
JANUARY 29, 1999
PROSPECTUS
The following information replaces similar information found under the
heading "Buying Shares" in the "Shareholder Information" section on
page 10.
Effective the close of business on May 15, 1996, the fund's shares are
no longer available to new accounts. Shareholders of the fund on that
date may continue to buy shares in accounts existing on that date.
Investors who did not own shares of the fund on May 15, 1996,
generally will not be allowed to buy shares of the fund except that
new accounts may be established: 1) by participants in most group
employer retirement plans (and their successor plans) if the fund had
been established as an investment option under the plans (or under
another plan sponsored by the same employer) by May 15, 1996, and 2)
for accounts managed on a discretionary basis by certain registered
investment advisers that have discretionary assets of at least $500
million invested in mutual funds and have included the fund in their
discretionary account program since May 15, 1996.
