SUPPLEMENT TO THE
FIDELITY OTC PORTFOLIO
PROSPECTUS
DATED SEPTEMBER 21, 1996
Effective November 1, 1996, the following information replaces the similar
information found in the "Waivers" section on page 30.
2. To shares in a Fidelity account purchased with the proceeds of a
distribution from an employee benefit plan, provided that at the time of
the distribution, the employer or its affiliate maintained a plan that both
qualified for waiver (1) above and had at least some of its assets invested
in Fidelity-managed products. (Distributions transferred to an IRA account
must be transferred within 60 days from the date of the distribution. All
other distributions must be transferred directly into a Fidelity account.)
FIDELITY OTC PORTFOLIO
A FUND OF FIDELITY SECURITIES FUND
SUPPLEMENT TO THE STATEMENT OF ADDITIONAL INFORMATION
DATED SEPTEMBER 21, 1996
The following information replaces similar information found in the
"Additional Purchase and Redemption Information" section beginning on page
14.
3. to shares in a Fidelity account purchased (including purchases by
exchange) with the proceeds of a distribution from an employee benefit plan
provided that: (i) at the time of the distribution, the employer, or an
affiliate (as described in exemption 1 above) of such employer, maintained
at least one employee benefit plan that qualified for exemption 1 and that
had at least some portion of its assets invested in one or more mutual
funds advised by FMR, or in one or more accounts or pools advised by
Fidelity Management Trust Company; and (ii) either (a) the distribution is
transferred from the plan to a Fidelity IRA account within 60 days from the
date of the distribution, or (b) the distribution is transferred directly
from the plan into another Fidelity account:
SUPPLEMENT TO THE FIDELITY BLUE CHIP GROWTH FUND PROSPECTUS
DATED SEPTEMBER 21, 1996
The following information replaces the similar information found in the
"Sales Charge Reductions and Waivers" section beginning on page 29.
WAIVERS. The fund's sales charge will not apply:
2. To shares in a Fidelity account purchased with the proceeds of a
distribution from an employee benefit plan, provided that at the time of
the distribution, the employer or its affiliate maintained a plan that both
qualified for waiver (1) above and had at least some of its assets invested
in Fidelity-managed products. (Distributions transferred to an IRA account
must be transferred within 60 days from the date of the distribution. All
other distributions must be transferred directly into a Fidelity account.)
SUPPLEMENT TO THE FIDELITY BLUE CHIP GROWTH FUND
STATEMENT OF ADDITIONAL INFORMATION
DATED SEPTEMBER 21, 1996
The following information replaces the similar information found in the
"Additional Purchase and Redemption Information" section beginning on page
14.
The sales charge will not apply:
3. to shares in a Fidelity account purchased (including purchases by
exchange) with the proceeds of a distribution from an employee benefit plan
provided that: (i) at the time of the distribution, the employer, or an
affiliate (as described in exemption (1) above) of such employer,
maintained at least one employee benefit plan that qualified for exemption
(1) and that had at least some portion of its assets invested in one or
more mutual funds advised by FMR, or in one or more accounts or pools
advised by Fidelity Management Trust Company; and (ii) either (a) the
distribution is transferred from the plan to a Fidelity IRA account within
60 days from the date of the distribution, or (b) the distribution is
transferred directly from the plan into another Fidelity account.
