SUPPLEMENT TO FIDELITY ADVISOR SERIES IV: FIDELITY REAL ESTATE HIGH INCOME
FUND
PROSPECTUS
DATED JANUARY 29, 1997
The following information should be added as the last sentence in the How
to Sell Shares section on page 17 of the Prospectus.
REDEMPTION IN KIND. If the Trustees determine that existing conditions make
cash payments undesirable, redemption payments may be made in whole or in
part in securities or other property, valued for this purpose as they are
valued in computing the fund's NAV. Shareholders receiving securities or
other property on redemption may realize a gain or loss for tax purposes,
and will incur any costs of sale, as well as the associated inconveniences.
