SUPPLEMENT TO THE
FIDELITY INTERNATIONAL
EQUITY FUNDS
PROSPECTUS
DATED FEBRUARY 28, 1994
The Board of Trustees of
Fidelity Japan Fund has
authorized adoption of a
redemption fee of 1.00%
(payable to the fund) on shares
purchased after June 6, 1994,
and held less than 90 days.
The following information
replaces the corresponding
sections with respect to Fidelity
Japan Fund under the heading
"Expenses" on page 5.
FIDELITY JAPAN FUND
Maximum sales charge on
purchases, beginning
June 1, 1994 (as a % of offering
price) 3.00%
Deferred sales charge on
redemptions None
Redemption fee for shares
purchased after
June 6, 1994 1.00%
The following information
supplements information in the
section entitled "Expenses"
beginning on page 6.
For the period May 31, 1994
through June 30, 1995, the
sales charge for Overseas
Fund and Pacific Basin Fund
will be waived. The current
sales charge waivers for
Canada Fund, Diversified
International Fund, Europe
Capital Appreciation Fund,
Japan Fund, and Worldwide
Fund which were scheduled to
expire on May 31, 1994, have
been extended through June
30, 1995. In addition,
International Growth &
Income Fund will remove its
2% sales charge as of May 31,
1994.
The following information
replaces information in the
section entitled "Transaction
Details" beginning on page 34.
The Redemption Fee for
Japan, Emerging Markets,
Latin America, and Southeast
Asia, if applicable, will be
deducted from the amount of
your redemption. This fee is
paid to the fund rather than
FMR, and it does not apply to
shares that were acquired
through reinvestment of
distributions. If shares were
not all held for the same length
of time, those shares you held
longest will be redeemed first
for purposes of determining
whether the fee applies.
FDC collects the proceeds from
each fund's sales charge and
may pay a portion of them to
securities dealers who have
sold fund shares, or to others,
including banks and other
financial institutions (qualified
recipients), under special
arrangements in connection
with FDC's sales activities.
The sales charge paid to
qualified recipients is 2.25% of
the offering price (except for
International Growth &
Income Fund which is 1.5%).
SUPPLEMENT TO THE
FIDELITY INTERNATIONAL
EQUITY FUNDS
PROSPECTUS
DATED FEBRUARY 28, 1994
The Board of Trustees of
Fidelity Japan Fund has
authorized adoption of a
redemption fee of 1.00%
(payable to the fund) on shares
purchased after June 6, 1994,
and held less than 90 days.
The following information
replaces the corresponding
sections with respect to Fidelity
Japan Fund under the heading
"Expenses" on page 5.
FIDELITY JAPAN FUND
Maximum sales charge on
purchases, beginning
June 1, 1994 (as a % of offering
price) 3.00%
Deferred sales charge on
redemptions None
Redemption fee for shares
purchased after
June 6, 1994 1.00%
The following information
supplements information in the
section entitled "Expenses"
beginning on page 6.
For the period May 31, 1994
through June 30, 1995, the
sales charge for Overseas
Fund and Pacific Basin Fund
will be waived. The current
sales charge waivers for
Canada Fund, Diversified
International Fund, Europe
Capital Appreciation Fund,
Japan Fund, and Worldwide
Fund which were scheduled to
expire on May 31, 1994, have
been extended through June
30, 1995. In addition,
International Growth &
Income Fund will remove its
2% sales charge as of May 31,
1994.
The following information
replaces information in the
section entitled "Transaction
Details" beginning on page 34.
The Redemption Fee for
Japan, Emerging Markets,
Latin America, and Southeast
Asia, if applicable, will be
deducted from the amount of
your redemption. This fee is
paid to the fund rather than
FMR, and it does not apply to
shares that were acquired
through reinvestment of
distributions. If shares were
not all held for the same length
of time, those shares you held
longest will be redeemed first
for purposes of determining
whether the fee applies.
FDC collects the proceeds from
each fund's sales charge and
may pay a portion of them to
securities dealers who have
sold fund shares, or to others,
including banks and other
financial institutions (qualified
recipients), under special
arrangements in connection
with FDC's sales activities.
The sales charge paid to
qualified recipients is 2.25% of
the offering price (except for
International Growth &
Income Fund which is 1.5%).
INT-94-3 Page 1 of 2 June 1, 1994
INT-94-3 Page 1 of 2 June 1, 1994
The following information
replaces information found in
the section entitled "Sales
Charge Reductions and
Waivers" beginning on page 35.
7. If you are a current or former
trustee or officer of a Fidelity
fund or a current or retired
officer, director, or regular
employee of FMR Corp. or its
direct or indirect subsidiaries (a
Fidelity Trustee or employee),
the spouse of a Fidelity trustee
or employee, a Fidelity trustee
or employee acting as
custodian for a minor child, or a
person acting as trustee of a
trust for the sole benefit of the
minor child of a Fidelity trustee
or employee.
10. If you are a registered
investment adviser (RIA)
purchasing for your
discretionary accounts,
provided you execute a Fidelity
RIA load waiver agreement
which specifies certain
aggregate minimum and
operating provisions. Except
for correspondents of National
Financial Services Corporation,
this waiver is available only for
shares purchased directly form
Fidelity, and is unavailable if
the RIA is part of an
organization principally
engaged in the brokerage
business.
11. If you are a trust institution
or bank trust department
purchasing for your
non-discretionary,
non-retirement fiduciary
accounts, provided you execute
a Fidelity Trust load waiver
agreement which specifies
certain aggregate minimum and
operating provisions. This
waiver is available only for
shares purchased either
directly from Fidelity or through
a bank-affiliated broker, and is
unavailable, if the trust
department or institution is part
of an organization not
principally engaged in banking
or trust activities.
12. If you invest through a
non-prototype pension or
profit-sharing plan that
maintains all of its mutual fund
assets in Fidelity mutual funds,
provided the plan executes a
Fidelity non-prototype sales
charge waiver request form
confirming its qualification.
These waivers must be
qualified through FDC in
advance. More detailed
information about waivers (1),
(2), (5), (9), and (10) is
contained in the Statement of
Additional Information. A
representative of your plan or
organization should call Fidelity
for more information.
The following information
replaces information found in
the section entitled "Sales
Charge Reductions and
Waivers" beginning on page 35.
7. If you are a current or former
trustee or officer of a Fidelity
fund or a current or retired
officer, director, or regular
employee of FMR Corp. or its
direct or indirect subsidiaries (a
Fidelity Trustee or employee),
the spouse of a Fidelity trustee
or employee, a Fidelity trustee
or employee acting as
custodian for a minor child, or a
person acting as trustee of a
trust for the sole benefit of the
minor child of a Fidelity trustee
or employee.
10. If you are a registered
investment adviser (RIA)
purchasing for your
discretionary accounts,
provided you execute a Fidelity
RIA load waiver agreement
which specifies certain
aggregate minimum and
operating provisions. Except
for correspondents of National
Financial Services Corporation,
this waiver is available only for
shares purchased directly form
Fidelity, and is unavailable if
the RIA is part of an
organization principally
engaged in the brokerage
business.
11. If you are a trust institution
or bank trust department
purchasing for your
non-discretionary,
non-retirement fiduciary
accounts, provided you execute
a Fidelity Trust load waiver
agreement which specifies
certain aggregate minimum and
operating provisions. This
waiver is available only for
shares purchased either
directly from Fidelity or through
a bank-affiliated broker, and is
unavailable, if the trust
department or institution is part
of an organization not
principally engaged in banking
or trust activities.
12. If you invest through a
non-prototype pension or
profit-sharing plan that
maintains all of its mutual fund
assets in Fidelity mutual funds,
provided the plan executes a
Fidelity non-prototype sales
charge waiver request form
confirming its qualification.
These waivers must be
qualified through FDC in
advance. More detailed
information about waivers (1),
(2), (5), (9), and (10) is
contained in the Statement of
Additional Information. A
representative of your plan or
organization should call Fidelity
for more information.
Page 2 of 2
Page 2 of 2
FIDELITY'S INTERNATIONAL EQUITY FUNDS
SUPPLEMENT TO THE STATEMENT OF ADDITIONAL INFORMATION
DATED FEBRUARY 28, 1994
The following information replaces example 8 found in the section entitled
"Additional Purchase and Redemption Information" beginning on page 44.
(8) if you are a current or former Trustee or officer of a Fidelity fund or
a current or retired officer, director, or regular employee of FMR Corp. or
its direct or indirect subsidiaries (a Fidelity Trustee or employee), the
spouse of a Fidelity Trustee or employee, a Fidelity Trustee or employee
acting as custodian for a minor child, or a person acting as trustee of a
trust for the sole benefit of the minor child of a Fidelity Trustee or
employee;
The following information supplements that found in the section entitled
"Additional Purchase and Redemption Information" beginning on page 44.
(11) if you are a registered investment adviser (RIA) purchasing for
your discretionary accounts, provided you execute a Fidelity RIA load
waiver agreement which specifies certain aggregate minimum and operating
provisions. This waiver is available only for shares purchased directly
from Fidelity, without a broker, unless purchased through a brokerage firm
which is a correspondent of National Financial Services Corporation (NFSC).
The waiver is unavailable, however, if the RIA is part of an organization
principally engaged in the brokerage business, unless the brokerage firm in
the organization is an NFSC correspondent;
(12) if you are a trust institution or bank trust department purchasing for
your non-discretionary, non-retirement fiduciary accounts, provided you
execute a Fidelity Trust load waiver agreement which specifies certain
aggregate minimum and operating provisions. This waiver is available only
for shares purchased either directly from Fidelity or through a
bank-affiliated broker, and is unavailable if the trust department or
institution is part of an organization not principally engaged in banking
or trust activities; or
(13) to shares purchased as part of a pension or profit-sharing plan as
defined in Section 401(a) of the Internal Revenue Code that maintains all
of its mutual fund assets in Fidelity mutual funds, provided the plan
executes a Fidelity non-prototype sales charge waiver request form
confirming its qualification.
INTB-94-2 June 1, 1994
