SUPPLEMENT TO THE
SPARTAN(registered trademark) CALIFORNIA
MUNICIPAL FUNDS
PROSPECTUS
DATED APRIL 18, 1994
The following information
replaces similar information
found under "Expenses" on
pages 4 and 5.
SPARTAN CA MONEY MARKET
Management fee (after
reimbursement) .30 %
12b-1 fee None
Other expenses .00 %
Total fund operating expenses
.30 %
SPARTAN CA INTERMEDIATE
Management fee (after
reimbursement) .10 %
12b-1 fee None
Other expenses .00 %
Total fund operating expenses
.10 %
SPARTAN CA MONEY MARKET
Account open Account
closed
After 1 year $3 $8
After 3 years $10 $15
After 5 years $17 $22
After 10 years $38 $43
SPARTAN CA 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
California Municipal Money
Market's operating expenses to
.30% of its average net assets,
and Spartan California
Intermediate Municipal's
operating ex penses to .10% of
its average net a ssets. If these
agreements were not in effect,
the management fee, other
expenses, and total operating
expenses would be .50%,
.00%, and .50%, respectively,
for Spartan California Municipal
Money Market and .55%, .00%,
and .55%, respectively, for
Spartan California Intermediate
Municipal. Expenses eligible for
reimbursement do not include
interest, taxes, brokerage
commissions, or extraordinary
expenses.
SUPPLEMENT TO THE
SPARTAN(registered trademark) CALIFORNIA
MUNICIPAL FUNDS
PROSPECTUS
DATED APRIL 18, 1994
The following information
replaces similar information
found under "Expenses" on
pages 4 and 5.
SPARTAN CA MONEY MARKET
Management fee (after
reimbursement) .30 %
12b-1 fee None
Other expenses .00 %
Total fund operating expenses
.30 %
SPARTAN CA INTERMEDIATE
Management fee (after
reimbursement) .10 %
12b-1 fee None
Other expenses .00 %
Total fund operating expenses
.10 %
SPARTAN CA MONEY MARKET
Account open Account
closed
After 1 year $3 $8
After 3 years $10 $15
After 5 years $17 $22
After 10 years $38 $43
SPARTAN CA 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
California Municipal Money
Market's operating expenses to
.30% of its average net assets,
and Spartan California
Intermediate Municipal's
operating ex penses to .10% of
its average net a ssets. If these
agreements were not in effect,
the management fee, other
expenses, and total operating
expenses would be .50%,
.00%, and .50%, respectively,
for Spartan California Municipal
Money Market and .55%, .00%,
and .55%, respectively, for
Spartan California Intermediate
Municipal. Expenses eligible for
reimbursement do not include
interest, taxes, brokerage
commissions, or extraordinary
expenses.
SCR-94-4 October 1994
SCR-94-4 October 1994
