SUPPLEMENT TO
FIDELITY'S TARGETED
INTERNATIONAL EQUITY
FUNDS PROSPECTUS
DATED DECEMBER 30, 1995
The following information replaces the similar information found in the
"Charter" section beginning on page P-21:
Shigeki Makino is vice president and manager of Japan Fund and Pacific
Basin Fund, which he has managed since October 1994 and May 1996,
respectively. Previously, he was an analyst. Mr. Makino joined Fidelity in
1990.
Thomas Sweeney is vice president and manager of Canada Fund, which he has
managed since March 1996. Previously, he managed Capital Appreciation and
Select Paper and Forest Products. Mr. Sweeney joined Fidelity in 1985.
(small solid bullet) Fidelity International Investment Advisors (FIIA),
in Pembroke, Bermuda, serves as a sub-adviser for all the funds.
Currently, FIIA exercises discretionary management authority over Southeast
Asia Fund, Hong Kong and China Fund, Japan Fund, and Pacific Basin Fund in
its capacity as sub-adviser.
(small solid bullet) Fidelity International Investment Advisors (U.K.)
Limited (FIIAL U.K.), in Kent, England, serves as a sub-adviser for all the
funds. Currently, FIIAL U.K. exercises discretionary management authority
over Europe Fund, France Fund, Germany Fund, Japan Small Companies Fund,
Nordic Fund, and United Kingdom Fund in its capacity as sub-adviser.
(small solid bullet) Fidelity Investment Japan Ltd. (FIJ), in Tokyo, Japan
serves as a sub-adviser for Hong Kong and China Fund, Japan Fund, Japan
Small Companies Fund, and Southeast Asia Fund.
