-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, CJ5sGVNbaqLjo/kP0uqQzy5gbV3c7uGkyRAI1GwMsScZxdTX7tpjLed3+3uVhutf 9hQGtrqnEkpZRsO+6D5Mdw== 0000354046-99-000039.txt : 19991018 0000354046-99-000039.hdr.sgml : 19991018 ACCESSION NUMBER: 0000354046-99-000039 CONFORMED SUBMISSION TYPE: DEFA14A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19991013 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FIDELITY CHARLES STREET TRUST CENTRAL INDEX KEY: 0000354046 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] STATE OF INCORPORATION: MA FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: DEFA14A SEC ACT: SEC FILE NUMBER: 811-03221 FILM NUMBER: 99727187 BUSINESS ADDRESS: STREET 1: 82 DEVONSHIRE ST CITY: BOSTON STATE: MA ZIP: 02109 BUSINESS PHONE: 2145064081 MAIL ADDRESS: STREET 1: 82 DEVONSHIRE STREET STREET 2: MAIL ZONE ZH-1 CITY: BOSTON STATE: MA ZIP: 02109 FORMER COMPANY: FORMER CONFORMED NAME: FIDELITY U S GOVERNMENT RESERVES FUND DATE OF NAME CHANGE: 19880201 FORMER COMPANY: FORMER CONFORMED NAME: FIDELITY FEDERAL RESERVES DATE OF NAME CHANGE: 19820215 FORMER COMPANY: FORMER CONFORMED NAME: FIDELITY UNITED STATES TREASURY TRUST DATE OF NAME CHANGE: 19811020 DEFA14A 1 SCHEDULE 14A INFORMATION PROXY STATEMENT PURSUANT TO SECTION 14(a) OF THE SECURITIES EXCHANGE ACT OF 1934 Filed by the [X] Registrant Filed by a [ ] Party other than the Registrant Check the appropriate box: [ ] Preliminary Proxy Statement [ ] Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) [ ] Definitive Proxy Statement [X] Definitive Additional Materials [ ] Soliciting Material Pursuant to Sec. 240.14a-11(c) or Sec. 240.14a-12 (Name of Registrant as Specified In Its Charter) (IF YOU CHECKED "FILED BY REGISTRANT ABOVE" DO NOT FILL THIS IN: Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check the appropriate box): [X] No fee required. [ ] Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11. (1) Title of each class of securities to which transaction applies: (2) Aggregate number of securities to which transaction applies: (3) Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11: (4) Proposed maximum aggregate value of transaction: (5) Total Fee Paid: [ ] Fee paid previously with preliminary materials. [ ] Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a) (2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing. (1) Amount Previously Paid: (2) Form, Schedule or Registration Statement No.: (3) Filing Party: (4) Date Filed: Dear Investor: We are writing to let you know that one of the proposals presented at Fidelity Charles Street Trust's recent shareholder meeting has been modified, and that we plan to ask shareholders to vote again. The proposal is discussed briefly below. In November you will receive a proxy statement with more information, at which point we will ask you to vote one more time. The Special Meeting of Shareholders for Fidelity Asset Manager, Fidelity Asset Manager: Growth, Fidelity Asset Manager: Income and Spartan Investment Grade Bond Fund held on October 5, 1999 was adjourned with respect to the proposal to ratify the appointment of PricewaterhouseCoopers LLP (PwC) as independent accountants of the Funds and the proposal to elect a Board of Trustees. Shareholders approved all other proposals. In light of information that PwC communicated to officers of the Funds after the Funds' proxy statement was mailed on August 9, 1999, the Board of Trustees of the Funds determined on September 16, 1999 to appoint Deloitte & Touche LLP as independent accountants of the Funds. Professional and regulatory standards pertaining to independence of accountants set forth, among other things, that an accounting firm and its partners and certain professional staff not hold any direct or material indirect financial interest in a fund during the period of the accountant's professional engagement to examine a fund's financial statements or at the date of its report. After the proxy statement was mailed on August 9, 1999, PwC communicated to officers of the Funds that, as of that date, two PwC professionals held shares of Asset Manager: Growth. These investments were inconsistent with independence standards pertaining to accountants. The individuals, who have since sold their Fund shares, have not provided any professional services on behalf of PwC to any of the Funds. PwC has advised officers and Trustees of the Funds that its audits have been undertaken with objectivity and independence in mental attitude as required by generally accepted auditing standards and that its associated audit reports can be relied on. The Board of Trustees of the Funds has determined, however, to appoint Deloitte & Touche LLP as independent accountants of the Funds beginning with the fiscal year ending September 30, 2000. Deloitte & Touche has represented to the Trustees of the Funds that, consistent with professional and regulatory standards pertaining to independence of accountants and to the best of its knowledge and belief, Deloitte & Touche, its partners and all other professional staff subject to the independence standards, will not hold any direct or material indirect financial interest in the Funds during the period of the firm's professional engagement to examine the Funds' financial statements or at the date of its report. We anticipate mailing to you revised proxy materials in November and reconvening the Special Meeting of Shareholders in January 2000. At that time we will ask you to cast your vote on a proposal to ratify the appointment of Deloitte & Touche. Since we will be reconvening the meeting in the new year, and one of the Funds' current trustees will retire at year end, we also will ask you to cast your vote on a slate of trustees including a trustee scheduled to take office as of January 1, 2000. There is no need to take action until after you receive the revised proxy materials in November. However, if you have any questions on this matter, please call Fidelity Investments at 1-800-544-8888. We appreciate your time and consideration. Sincerely, Eric D. Roiter Secretary -----END PRIVACY-ENHANCED MESSAGE-----