SUPPLEMENT TO THE
BLUE CHIP GROWTH
PROSPECTUS
DATED SEPTEMBER 25, 1993
The following information
supplements the second
paragraph on page 20.
Effective February 1, 1994, the
sales charge paid to qualified
recipients will be 2.25% of the
fund's offering price.
The following information
replaces that found under the
"Reductions" heading in the
"Sales Charge Reductions and
Waivers" section on page 21.
REDUCTIONS. The fund's sales
charge may be reduced if you
invest directly with Fidelity or
through prototype or
prototype-like retirement plans
sponsored by FMR or FMR
Corp. Purchases made with
assistance or intervention from
a financial intermediary are not
eligible. The amount you invest,
plus the value of your account,
must fall within the ranges
shown below. Call Fidelity to
see if your purchase qualifies.
Net
amount
Ranges Sales charge invested
$0 - 249,000 3% 3.09
%
$250,000 - 499,999 2% 2.04
%
$500,000 - 999,999 1% 1.01
%
$1,000,000 or more none none
The sales charge will also be
reduced by the percentage of
any sales charge you
previously paid on investments
in other Fidelity funds (not
including Fidelity's Foreign
Currency Funds). Similarly,
your shares carry credit for any
sales charge you would have
paid if the reductions in the
table above had not been
available. These sales charge
credits only apply if you
continuously owned Fidelity
fund shares or a Fidelity
brokerage core account, or
participated in The
CORPORATEplan for
Retirement Program, and only
to purchases made in one of
the following ways:
1. By exchange from another
Fidelity fund.
2. With proceeds of a
transaction within a Fidelity
brokerage core account,
including any free credit
balance, core money market
fund, or margin availability, to
the extent such proceeds were
derived from redemption
proceeds from another Fidelity
fund.
3. With redemption proceeds
from one of Fidelity's Foreign
Currency Funds, if the Foreign
Currency Fund shares were
originally purchased with
redemption proceeds from a
Fidelity fund.
4.Through the Directed
Dividends Option (see page
16).
SUPPLEMENT TO THE
BLUE CHIP GROWTH
PROSPECTUS
DATED SEPTEMBER 25, 1993
The following information
supplements the second
paragraph on page 20.
Effective February 1, 1994, the
sales charge paid to qualified
recipients will be 2.25% of the
fund's offering price.
The following information
replaces that found under the
"Reductions" heading in the
"Sales Charge Reductions and
Waivers" section on page 21.
REDUCTIONS. The fund's sales
charge may be reduced if you
invest directly with Fidelity or
through prototype or
prototype-like retirement plans
sponsored by FMR or FMR
Corp. Purchases made with
assistance or intervention from
a financial intermediary are not
eligible. The amount you invest,
plus the value of your account,
must fall within the ranges
shown below. Call Fidelity to
see if your purchase qualifies.
Net
amount
Ranges Sales charge invested
$0 - 249,000 3% 3.09
%
$250,000 - 499,999 2% 2.04
%
$500,000 - 999,999 1% 1.01
%
$1,000,000 or more none none
The sales charge will also be
reduced by the percentage of
any sales charge you
previously paid on investments
in other Fidelity funds (not
including Fidelity's Foreign
Currency Funds). Similarly,
your shares carry credit for any
sales charge you would have
paid if the reductions in the
table above had not been
available. These sales charge
credits only apply if you
continuously owned Fidelity
fund shares or a Fidelity
brokerage core account, or
participated in The
CORPORATEplan for
Retirement Program, and only
to purchases made in one of
the following ways:
1. By exchange from another
Fidelity fund.
2. With proceeds of a
transaction within a Fidelity
brokerage core account,
including any free credit
balance, core money market
fund, or margin availability, to
the extent such proceeds were
derived from redemption
proceeds from another Fidelity
fund.
3. With redemption proceeds
from one of Fidelity's Foreign
Currency Funds, if the Foreign
Currency Fund shares were
originally purchased with
redemption proceeds from a
Fidelity fund.
4.Through the Directed
Dividends Option (see page
16).
BCF-94-2 (PAGE 1 OF 2) June 1, 1994
BCF-94-2 (PAGE 1 OF 2) June 1, 1994
5. By participants in The
CORPORATEplan for
Retirement Program when
shares are purchased through
plan-qualified loan repayments,
and for exchanges into and out
of the Managed Income
Portfolio.
The following information
replaces or supplements that
found under the "Waivers"
heading in the "Sales Charge
Reductions and Waivers"
section on page 21.
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.
11. If you are a registered
investment advisor (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 from
Fidelity, and is unavailable if
the RIA is part of an
organization principally
engaged in the brokerage
business.
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.
13. 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), (10), and (11) is
contained in the Statement of
Additional Information. A
representative of your plan or
organization should call Fidelity
for more information.
5. By participants in The
CORPORATEplan for
Retirement Program when
shares are purchased through
plan-qualified loan repayments,
and for exchanges into and out
of the Managed Income
Portfolio.
The following information
replaces or supplements that
found under the "Waivers"
heading in the "Sales Charge
Reductions and Waivers"
section on page 21.
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.
11. If you are a registered
investment advisor (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 from
Fidelity, and is unavailable if
the RIA is part of an
organization principally
engaged in the brokerage
business.
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.
13. 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), (10), and (11) 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)
