0000035402-23-000046.txt : 20230524 0000035402-23-000046.hdr.sgml : 20230524 20230524115314 ACCESSION NUMBER: 0000035402-23-000046 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20230524 DATE AS OF CHANGE: 20230524 EFFECTIVENESS DATE: 20230524 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FIDELITY TREND FUND CENTRAL INDEX KEY: 0000035402 IRS NUMBER: 046026956 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-15063 FILM NUMBER: 23952657 BUSINESS ADDRESS: STREET 1: 245 SUMMER STREET CITY: BOSTON STATE: MA ZIP: 02210 BUSINESS PHONE: 617-563-7000 MAIL ADDRESS: STREET 1: 245 SUMMER STREET CITY: BOSTON STATE: MA ZIP: 02210 FORMER COMPANY: FORMER CONFORMED NAME: FIDELITY TREND FUND INC DATE OF NAME CHANGE: 19850503 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FIDELITY CONTRAFUND CENTRAL INDEX KEY: 0000024238 IRS NUMBER: 000000000 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-25235 FILM NUMBER: 23952658 BUSINESS ADDRESS: STREET 1: 245 SUMMER STREET CITY: BOSTON STATE: MA ZIP: 02210 BUSINESS PHONE: 617-563-7000 MAIL ADDRESS: STREET 1: 245 SUMMER STREET CITY: BOSTON STATE: MA ZIP: 02210 FORMER COMPANY: FORMER CONFORMED NAME: FIDELITY CONTRAFUND INC DATE OF NAME CHANGE: 19850618 FORMER COMPANY: FORMER CONFORMED NAME: CONTRAFUND INC DATE OF NAME CHANGE: 19810203 0000024238 S000006037 Fidelity Contrafund C000016601 Fidelity Contrafund FCNTX 0000035402 S000007496 Fidelity Trend Fund C000020470 Fidelity Trend Fund FTRNX 497 1 CTF-SSTK.htm SAIStickerMaster
Supplement to the
Fidelity® Contrafund® and Fidelity® Trend Fund
March 1, 2023
STATEMENT OF ADDITIONAL INFORMATION
 
 
Effective June 1, 2023, the following information replaces similar information found in the "Investment Policies and Limitations" section.
Diversification
For Fidelity® Contrafund®:
The fund may not with respect to 75% of the fund's total assets, purchase the securities of any issuer (other than securities issued or guaranteed by the U.S. Government or any of its agencies or instrumentalities, or securities of other investment companies) if, as a result, (a) more than 5% of the fund's total assets would be invested in the securities of that issuer, or (b) the fund would hold more than 10% of the outstanding voting securities of that issuer.
 
Effective June 1, 2023, the following information supplements the information found in the "Investment Policies and Limitations" section.
Diversification
For Fidelity® Trend Fund:
In order to qualify as a "regulated investment company" under Subchapter M of the Internal Revenue Code of 1986, as amended, the fund currently intends to comply with certain diversification limits imposed by Subchapter M.
Subchapter M generally requires a fund to invest no more than 25% of its total assets in securities of any one issuer and to invest at least 50% of its total assets so that (a) no more than 5% of the fund's total assets are invested in securities of any one issuer, and (b) the fund does not hold more than 10% of the outstanding voting securities of that issuer. However, Subchapter M allows unlimited investments in cash, cash items, government securities (as defined in Subchapter M) and securities of other regulated investment companies. These tax requirements are generally applied at the end of each quarter of the fund's taxable year.
 
 
CTF-SSTK-0523-114-1.799798.114
May 24, 2023