FIDELITY ADVISOR ANNUITY FUND:
FIDELITY ADVISOR ANNUITY GOVERNMENT INVESTMENT FUND
SUPPLEMENT TO THE PROSPECTUS DATED JANUARY 3, 1995
The following information supplements that found under the section entitled
"The Trust and the Fidelity Organization" on page ADV-8.
Robert Ives is manager of Advisor Annuity Government Investment Fund, which
he has managed since February 1995. Mr. Ives also manages Government
Securities, Spartan Government Income and Advisor Government Investment.
Previously, he managed Ginnie Mae and Spartan Ginnie Mae. Mr. Ives joined
Fidelity in 1991, after receiving an M.B.A. from the University of Chicago.
Previously, Mr. Ives was a consultant to the U.S. Air Force for MITRE Corp.
and an engineer at Bell Labs.
ADV-95-1 February 13, 1995
