SUPPLEMENT TO THE
FIDELITY DIVIDEND
GROWTH FUND
PROSPECTUS
DATED SEPTEMBER 19, 1994
The following information
supplements that found in the
"The Fund in Detail" section,
found on page 9.
Steven Wymer is manager of
Dividend Growth, which he
has managed since May
1995. Previously, he
managed Select Automotive
and Chemicals, and he
assisted on Magellan. Mr.
Wymer joined Fidelity in
1989.
The following information
replaces the similar
information found in the
Expenses section beginning
on page 5.
EXPENSES
SHAREHOLDER TRANSACTION
EXPENSES are charges you
pay when you buy, sell, or
hold shares of a fund. See
page 25 for more information
about these fees.
Maximum sales charge on
purchases and
reinvested distributions None
Deferred sales charge on
redemptions None
Exchange fee None
Annual account maintenance fee
$12.00
(for accounts under $2,500)
The following paragraph
supplements the information
found in the section entitled
Transaction Details beginning
on page 25.
FIDELITY RESERVES THE RIGHT
TO DEDUCT AN ANNUAL
MAINTENANCE FEE of $12.00
from accounts with a value of
less than $2,500, subject to
an annual maximum charge
of $60.00 per shareholder. It
is expected that accounts will
be valued on the second
Friday in November of each
year. Accounts opened after
September 30 will not be
subject to the fee for that
year. The fee, which is
payable to the transfer agent,
is designed to offset in part
the relatively higher costs of
servicing smaller accounts.
The fee will not be deducted
from retirement accounts
(except non-prototype
retirement accounts),
accounts using regular
investment plans, or if total
assets in Fidelity funds
exceed $50,000. Eligibility for
the $50,000 waiver is
determined by aggregating
Fidelity mutual fund accounts
maintained by FSC or FBSI
which are registered under
the same social security
number or which list the
same social security number
for the custodian of a
Uniform Gifts/Transfers to
Minors Act account.
SUPPLEMENT TO THE
FIDELITY DIVIDEND
GROWTH FUND
PROSPECTUS
DATED SEPTEMBER 19, 1994
The following information
supplements that found in the
"The Fund in Detail" section,
found on page 9.
Steven Wymer is manager of
Dividend Growth, which he
has managed since May
1995. Previously, he
managed Select Automotive
and Chemicals, and he
assisted on Magellan. Mr.
Wymer joined Fidelity in
1989.
The following information
replaces the similar
information found in the
Expenses section beginning
on page 5.
EXPENSES
SHAREHOLDER TRANSACTION
EXPENSES are charges you
pay when you buy, sell, or
hold shares of a fund. See
page 25 for more information
about these fees.
Maximum sales charge on
purchases and
reinvested distributions None
Deferred sales charge on
redemptions None
Exchange fee None
Annual account maintenance fee
$12.00
(for accounts under $2,500)
The following paragraph
supplements the information
found in the section entitled
Transaction Details beginning
on page 25.
FIDELITY RESERVES THE RIGHT
TO DEDUCT AN ANNUAL
MAINTENANCE FEE of $12.00
from accounts with a value of
less than $2,500, subject to
an annual maximum charge
of $60.00 per shareholder. It
is expected that accounts will
be valued on the second
Friday in November of each
year. Accounts opened after
September 30 will not be
subject to the fee for that
year. The fee, which is
payable to the transfer agent,
is designed to offset in part
the relatively higher costs of
servicing smaller accounts.
The fee will not be deducted
from retirement accounts
(except non-prototype
retirement accounts),
accounts using regular
investment plans, or if total
assets in Fidelity funds
exceed $50,000. Eligibility for
the $50,000 waiver is
determined by aggregating
Fidelity mutual fund accounts
maintained by FSC or FBSI
which are registered under
the same social security
number or which list the
same social security number
for the custodian of a
Uniform Gifts/Transfers to
Minors Act account.
DGF-95-2 May 30, 1995
DGF-95-2 May 30, 1995