FIDELITY FINANCIAL TRUST
497, 1996-10-24
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SUPPLEMENT TO FIDEITY RETIREMENT GROWTH FUND
A FUND OF FIDELITY FINANCIAL TRUST
STATEMENT OF ADDITIONAL INFORMATION
DATED JANUARY 20, 1996
 
The following information replaces similar information found in
non-fundamental limit (vii) in the Investment Policies and Limitations
section beginning on page 2:
 (vii) The fund does not currently intend to (a) purchase securities of
other investment companies, except in the open market where no commission
except the ordinary broker's commission is paid, or (b) purchase or retain
securities issued by other open-end investment companies.    Limitations
(a) and (b) do not apply (i) to securities received as dividends, through
offers of exchange, or as a result of a reorganization, consolidation or
merger, or (ii) to securities of other open-end investment companies
managed by FMR or a successor or affiliate purchased pursuant to an
exemptive order granted by the SEC.    



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