SUPPLEMENT TO THE
SPARTAN(registered trademark) NEW YORK
MUNICIPAL FUNDS
PROSPECTUS
DATED MARCH 22, 1994
The following replaces similar
information found under
"Expenses" on page 4.
SPARTAN NY INTERMEDIATE
Management fee (after
reimbursement) .10 %
12b-1 fee None
Other expenses .00 %
Total fund operating expenses
.10 %
SPARTAN NY INTERMEDIATE
Account open Account
closed
After 1 year $1 $6
After 3 years $3 $8
After 5 years $6 $11
After 10 years $13 $18
FMR has voluntarily agreed to
temporarily limit Spartan NY
Intermediate Municipal's
operating expenses to .10% of
its average net assets. If this
agreement was not in effect,
the management fee, other
expenses, and total operating
expenses would be .55%,
.00%, and .55%, respectively.
Expenses eligible for
reimbursement do not include
interest, taxes, brokerage
commissions, or extraordinary
expenses.
SUPPLEMENT TO THE
SPARTAN(registered trademark) NEW YORK
MUNICIPAL FUNDS
PROSPECTUS
DATED MARCH 22, 1994
The following replaces similar
information found under
"Expenses" on page 4.
SPARTAN NY INTERMEDIATE
Management fee (after
reimbursement) .10 %
12b-1 fee None
Other expenses .00 %
Total fund operating expenses
.10 %
SPARTAN NY INTERMEDIATE
Account open Account
closed
After 1 year $1 $6
After 3 years $3 $8
After 5 years $6 $11
After 10 years $13 $18
FMR has voluntarily agreed to
temporarily limit Spartan NY
Intermediate Municipal's
operating expenses to .10% of
its average net assets. If this
agreement was not in effect,
the management fee, other
expenses, and total operating
expenses would be .55%,
.00%, and .55%, respectively.
Expenses eligible for
reimbursement do not include
interest, taxes, brokerage
commissions, or extraordinary
expenses.
SNR-94-2 October 1994
SNR-94-2 October 1994
