-----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, LW+DEy0AZ9FTgBH+f3HNBajrdTZI3wBjWgAU9KE67huIRkoItThN1U2um/0hQTSx mvrLVRs1Goxpceel98dZ1A== 0000024238-08-000001.txt : 20080208 0000024238-08-000001.hdr.sgml : 20080208 20080208154352 ACCESSION NUMBER: 0000024238-08-000001 CONFORMED SUBMISSION TYPE: DEFA14A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20080208 DATE AS OF CHANGE: 20080208 EFFECTIVENESS DATE: 20080208 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FIDELITY CONTRAFUND CENTRAL INDEX KEY: 0000024238 IRS NUMBER: 046056833 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DEFA14A SEC ACT: 1934 Act SEC FILE NUMBER: 811-01400 FILM NUMBER: 08589099 BUSINESS ADDRESS: STREET 1: FIDELITY INVESTMENTS COMPANY STREET 2: 82 DEVONSHIRE STREET CITY: BOSTON STATE: MA ZIP: 02109 BUSINESS PHONE: (617)439-1220 MAIL ADDRESS: STREET 1: 82 DEVONSHIRE STREET STREET 2: MAIL ZONE Z1C CITY: BOSTON STATE: MA ZIP: 02109 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 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FIDELITY DEVONSHIRE TRUST CENTRAL INDEX KEY: 0000035341 IRS NUMBER: 046133142 STATE OF INCORPORATION: MA FISCAL YEAR END: 0131 FILING VALUES: FORM TYPE: DEFA14A SEC ACT: 1934 Act SEC FILE NUMBER: 811-01352 FILM NUMBER: 08589104 BUSINESS ADDRESS: STREET 1: 82 DEVONSHIRE STREET STREET 2: MAILZONE Z1C CITY: BOSTON STATE: MA ZIP: 02109 BUSINESS PHONE: 617-563-1413 MAIL ADDRESS: STREET 1: 82 DEVONSHIRE STREET STREET 2: MAILZONE Z1C CITY: BOSTON STATE: MA ZIP: 02109 FORMER COMPANY: FORMER CONFORMED NAME: FIDELITY EQUITY INCOME FUND INC DATE OF NAME CHANGE: 19870304 FORMER COMPANY: FORMER CONFORMED NAME: EVEREST FUND INC DATE OF NAME CHANGE: 19751117 FORMER COMPANY: FORMER CONFORMED NAME: EVEREST INCOME FUND INC DATE OF NAME CHANGE: 19690420 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FIDELITY PURITAN TRUST CENTRAL INDEX KEY: 0000081205 IRS NUMBER: 046026952 STATE OF INCORPORATION: MA FISCAL YEAR END: 0731 FILING VALUES: FORM TYPE: DEFA14A SEC ACT: 1934 Act SEC FILE NUMBER: 811-00649 FILM NUMBER: 08589103 BUSINESS ADDRESS: STREET 1: 82 DEVONSHIRE STREET STREET 2: MAILZONE Z1C CITY: BOSTON STATE: MA ZIP: 02109 BUSINESS PHONE: 617-563-1413 MAIL ADDRESS: STREET 1: 82 DEVONSHIRE STREET STREET 2: MAILZONE Z1C CITY: BOSTON STATE: MA ZIP: 02109 FORMER COMPANY: FORMER CONFORMED NAME: FIDELITY PURITAN FUND DATE OF NAME CHANGE: 19870414 FORMER COMPANY: FORMER CONFORMED NAME: PURITAN FUND INC DATE OF NAME CHANGE: 19810106 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FIDELITY SUMMER STREET TRUST CENTRAL INDEX KEY: 0000225322 IRS NUMBER: 042623605 STATE OF INCORPORATION: MA FISCAL YEAR END: 0430 FILING VALUES: FORM TYPE: DEFA14A SEC ACT: 1934 Act SEC FILE NUMBER: 811-02737 FILM NUMBER: 08589100 BUSINESS ADDRESS: STREET 1: 82 DEVONSHIRE ST CITY: BOSTON STATE: MA ZIP: 02109 BUSINESS PHONE: 2142816350 MAIL ADDRESS: STREET 1: 82 DEVONSHIRE ST CITY: BOSTON STATE: MA ZIP: 02109 FORMER COMPANY: FORMER CONFORMED NAME: FIDELITY HIGH INCOME FUND DATE OF NAME CHANGE: 19890309 FORMER COMPANY: FORMER CONFORMED NAME: FIDELITY AGGRESSIVE INCOME FUND DATE OF NAME CHANGE: 19810205 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FIDELITY SELECT PORTFOLIOS CENTRAL INDEX KEY: 0000320351 IRS NUMBER: 042732797 STATE OF INCORPORATION: MA FISCAL YEAR END: 0228 FILING VALUES: FORM TYPE: DEFA14A SEC ACT: 1934 Act SEC FILE NUMBER: 811-03114 FILM NUMBER: 08589101 BUSINESS ADDRESS: STREET 1: 82 DEVONSHIRE ST CITY: BOSTON STATE: MA ZIP: 02109 BUSINESS PHONE: 617-563-1413 MAIL ADDRESS: STREET 1: 82 DEVONSHIRE STREET STREET 2: MAILZONE Z1C CITY: BOSTON STATE: MA ZIP: 02109 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FIDELITY SECURITIES FUND CENTRAL INDEX KEY: 0000754510 IRS NUMBER: 000000000 FISCAL YEAR END: 0731 FILING VALUES: FORM TYPE: DEFA14A SEC ACT: 1934 Act SEC FILE NUMBER: 811-04118 FILM NUMBER: 08589102 BUSINESS ADDRESS: STREET 1: 82 DEVONSHIRE ST STREET 2: MAILZONE Z1C CITY: BOSTON STATE: MA ZIP: 02109 BUSINESS PHONE: 6174391706 MAIL ADDRESS: STREET 1: 82 DEVONSHIRE STREET STREET 2: MAILZONE Z1C CITY: BOSTON STATE: MA ZIP: 02109 0000024238 S000006036 Fidelity Advisor New Insights Fund C000016596 Class A FNIAX C000016597 Class B FNIBX C000016598 Class C FNICX C000016599 Class T FNITX C000016600 Institutional Class FINSX 0000035341 S000006064 Fidelity Equity-Income Fund C000016682 Fidelity Equity-Income Fund FEQIX 0000035341 S000006065 Fidelity Large Cap Growth Fund C000016683 Fidelity Large Cap Growth Fund FSLGX C000043308 Fidelity Advisor Large Cap Growth Fund: Class A C000043309 Fidelity Advisor Large Cap Growth Fund: Class B C000043310 Fidelity Advisor Large Cap Growth Fund: Class C C000043311 Fidelity Advisor Large Cap Growth Fund: Class T C000043312 Fidelity Advisor Large Cap Growth Fund: Institutional Class 0000035341 S000006066 Fidelity Large Cap Value Fund C000016684 Fidelity Large Cap Value Fund FSLVX C000043313 Fidelity Advisor Large Cap Value Fund: Institutional Class C000043314 Fidelity Advisor Large Cap Value Fund: Class A C000043315 Fidelity Advisor Large Cap Value Fund: Class B C000043316 Fidelity Advisor Large Cap Value Fund: Class C C000043317 Fidelity Advisor Large Cap Value Fund: Class T 0000035341 S000006067 Fidelity Mid Cap Growth Fund C000016685 Fidelity Mid Cap Growth Fund FSMGX C000043318 Fidelity Advisor Mid Cap Growth Fund: Class A C000043319 Fidelity Advisor Mid Cap Growth Fund: Class B C000043320 Fidelity Advisor Mid Cap Growth Fund: Class C C000043321 Fidelity Advisor Mid Cap Growth Fund: Class T C000043322 Fidelity Advisor Mid Cap Growth Fund: Institutional Class 0000035341 S000006068 Fidelity Mid Cap Value Fund C000016686 Fidelity Mid Cap Value Fund FSMVX C000043323 Fidelity Advisor Mid Cap Value Fund: Class A C000043324 Fidelity Advisor Mid Cap Value Fund: Class B C000043325 Fidelity Advisor Mid Cap Value Fund: Class C C000043326 Fidelity Advisor Mid Cap Value Fund: Class T C000043327 Fidelity Advisor Mid Cap Value Fund: Institutional Class 0000081205 S000007151 Fidelity Balanced Fund C000019555 Fidelity Balanced Fund FBALX 0000081205 S000007154 Fidelity Value Discovery Fund C000019558 Fidelity Value Discovery Fund FVDFX 0000225322 S000017689 Fidelity Focused High Income Fund C000048885 Fidelity Focused High Income Fund 0000225322 S000017690 Fidelity High Income Fund C000048886 Fidelity High Income Fund 0000225322 S000017691 Fidelity Export and Multinational Fund C000048887 Fidelity Export and Multinational Fund 0000225322 S000017692 Fidelity New Markets Income Fund C000048888 Fidelity New Markets Income Fund 0000320351 S000007453 Air Tranportation Portfolio C000020427 Air Transportation Portfolio FSAIX 0000320351 S000007454 Consumer Discretionary Portfolio C000020428 Consumer Discretionary Portfolio FSCPX 0000320351 S000007455 Industrials Portfolio C000020429 Industrials Portfolio FCYIX 0000320351 S000007456 Defense and Aerospace Portfolio C000020430 Defense and Aerospace Portfolio FSDAX 0000320351 S000007457 Communications Equipment Portfolio C000020431 Communications Equipment Portfolio FSDCX 0000320351 S000007458 Electronics Portfolio C000020432 Electronics Portfolio FSELX 0000320351 S000007459 Energy Portfolio C000020433 Energy Portfolio FSENX 0000320351 S000007460 Energy Service Portfolio C000020434 Energy Service Portfolio FSESX 0000320351 S000007461 Environmental Portfolio C000020435 Environmental Portfolio FSLEX 0000320351 S000007462 Financial Services Portfolio C000020436 Financial Services Portfolio FIDSX 0000320351 S000007463 Consumer Staples Portfolio C000020437 Consumer Staples Portfolio FDFAX C000040616 Fidelity Advisor Consumer Staples Fund: Class A C000040617 Fidelity Advisor Consumer Staples Fund: Class B C000040618 Fidelity Advisor Consumer Staples Fund: Class C C000040619 Fidelity Advisor Consumer Staples Fund: Class T C000040620 Fidelity Advisor Consumer Staples Fund: Institutional Class 0000320351 S000007464 Automotive Portfolio C000020438 Automotive Portfolio FSAVX 0000320351 S000007465 Gold Portfolio C000020439 Gold Portfolio FSAGX C000040621 Fidelity Advisor Gold Fund: Institutional Class C000040622 Fidelity Advisor Gold Fund: Class A C000040623 Fidelity Advisor Gold Fund: Class B C000040624 Fidelity Advisor Gold Fund: Class C C000040625 Fidelity Advisor Gold Fund: Class T 0000320351 S000007467 Home Finance Portfolio C000020441 Home Finance Portfolio FSVLX 0000320351 S000007468 Industrial Equipment Portfolio C000020442 Industrial Equipment Portfolio FSCGX 0000320351 S000007469 Materials Portfolio C000020443 Materials Portfolio FSDPX C000040626 Fidelity Advisor Materials Fund: Class A C000040627 Fidelity Advisor Materials Fund: Class B C000040628 Fidelity Advisor Materials Fund: Class C C000040629 Fidelity Advisor Materials Fund: Class T C000040630 Fidelity Advisor Materials Fund: Institutional Class 0000320351 S000007470 Insurance Portfolio C000020444 Insurance Portfolio FSPCX 0000320351 S000007471 Leisure Portfolio C000020445 Leisure Portfolio FDLSX 0000320351 S000007472 Medical Delivery Portfolio C000020446 Medical Delivery Portfolio FSHCX 0000320351 S000007473 Medical Equipment and Systems Portfolio C000020447 Medical Equipment and Systems Portfolio FSMEX 0000320351 S000007475 Banking Portfolio C000020449 Banking Portfolio FSRBX 0000320351 S000007476 Multimedia Portfolio C000020450 Multimedia Portfolio FBMPX 0000320351 S000007477 Natural Gas Portfolio C000020451 Natural Gas Portfolio FSNGX 0000320351 S000007478 Natural Resources Portfolio C000020452 Natural Resources Portfolio FNARX 0000320351 S000007479 Networking and Infrastructure Portfolio C000020453 Networking and Infrastructure Portfolio FNINX 0000320351 S000007480 Paper and Forest Products Portfolio C000020454 Paper and Forest Products Portfolio FSPFX 0000320351 S000007481 Pharmaceuticals Portfolio C000020455 Pharmaceuticals Portfolio FPHAX 0000320351 S000007482 Retailing Portfolio C000020456 Retailing Portfolio FSRPX 0000320351 S000007483 Software and Computer Services Portfolio C000020457 Software and Computer Services Portfolio FSCSX 0000320351 S000007484 Technology Portfolio C000020458 Technology Portfolio FSPTX 0000320351 S000007485 Telecommunications Portfolio C000020459 Telecommunications Portfolio FSTCX C000040631 Fidelity Advisor Telecommunications Fund: Class A C000040632 Fidelity Advisor Telecommunications Fund: Class B C000040633 Fidelity Advisor Telecommunications Fund: Class C C000040634 Fidelity Advisor Telecommunications Fund: Class T C000040635 Fidelity Advisor Telecommunications Fund: Institutional Class 0000320351 S000007486 Biotechnology Portfolio C000020460 Biotechnology Portfolio FBIOX 0000320351 S000007487 Transportation Portfolio C000020461 Transportation Portfolio FSRFX 0000320351 S000007488 Utilities Growth Portfolio C000020462 Utilities Growth Portfolio FSUTX 0000320351 S000007489 Wireless Portfolio C000020463 Wireless Portfolio FWRLX 0000320351 S000007490 Brokerage and Investment Management Portfolio C000020464 Brokerage and Investment Management Portfolio FSLBX 0000320351 S000007491 IT Services Portfolio C000020465 IT Services Portfolio FBSOX 0000320351 S000007492 Chemicals Portfolio C000020466 Chemicals Portfolio FSCHX 0000320351 S000007493 Computers Portfolio C000020467 Computers Portfolio FDCPX 0000320351 S000007494 Construction and Housing Portfolio C000020468 Construction and Housing Portfolio FSHOX 0000754510 S000007190 Advisor Agressive Growth Fund C000019674 Class A FGVAX C000019675 Class B FGVBX C000019676 Class C FGECX C000019677 Class T FGVTX C000019678 Institutional Class FRVIX 0000754510 S000007191 Fidelity OTC Portfolio C000019679 Fidelity OTC Portfolio FOCPX 0000754510 S000007192 Fidelity Real Estate Income Fund C000019680 Fidelity Real Estate Income Fund FRIFX 0000754510 S000007193 Fidelity Small Cap Growth Fund C000019681 Fidelity Small Cap Growth Fund FCPGX C000019682 Fidelity Advisor Small Cap Growth Fund: Class A FCAGX C000019683 Fidelity Advisor Small Cap Growth Fund: Class B FCBGX C000019684 Fidelity Advisor Small Cap Growth Fund: Class C FCCGX C000019685 Fidelity Advisor Small Cap Growth Fund: Class T FCTGX C000019686 Fidelity Advisor Small Cap Growth Fund: Institutional Class FCIGX 0000754510 S000007194 Fidelity Small Cap Value Fund C000019687 Fidelity Small Cap Value Fund FCPVX C000019688 Fidelity Advisor Small Cap Value Fund: Class A FCVAX C000019689 Fidelity Advisor Small Cap Value Fund: Class B FCVBX C000019690 Fidelity Advisor Small Cap Value Fund: Class C FCVCX C000019691 Fidelity Advisor Small Cap Value Fund: Class T FCVTX C000019692 Fidelity Advisor Small Cap Value Fund: Institutional Class FCVIX 0000754510 S000007195 Fidelity Blue Chip Growth Fund C000019693 Fidelity Blue Chip Growth Fund FBGRX 0000754510 S000007196 Fidelity Blue Chip Value Fund C000019694 Fidelity Blue Chip Value Fund FBCVX 0000754510 S000007197 Fidelity Dividend Growth Fund C000019695 Fidelity Dividend Growth Fund FDGFX 0000754510 S000007199 Fidelity International Real Estate Fund C000019697 Fidelity International Real Estate Fund FIREX C000047149 Fidelity Advisor International Real Estate Fund: Class A C000047150 Fidelity Advisor International Real Estate Fund: Class B C000047151 Fidelity Advisor International Real Estate Fund: Class C C000047152 Fidelity Advisor International Real Estate Fund: Class T C000047153 Fidelity Advisor International Real Estate Fund: Institutional Class 0000754510 S000007200 Fidelity Leveraged Company Stock Fund C000019698 Fidelity Leveraged Company Stock Fund FLVCX 0000754510 S000015587 Fidelity Small Cap Opportunities Fund C000042507 Fidelity Small Cap Opportunities Fund C000042508 Fidelity Advisor Small Cap Opportunities Fund: Class A C000042509 Fidelity Advisor Small Cap Opportunities Fund: Class B C000042510 Fidelity Advisor Small Cap Opportunities Fund: Class C C000042511 Fidelity Advisor Small Cap Opportunities Fund: Class T C000042512 Fidelity Advisor Small Cap Opportunities Fund: Institutional Class DEFA14A 1 main.htm

SCHEDULE 14A INFORMATION

PROXY STATEMENT PURSUANT TO SECTION 14(a)

OF THE SECURITIES EXCHANGE ACT OF 1934

Filed by the Registrant

[X]

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 under Rule 14a-12

Fidelity Congress Street Fund

Fidelity Contrafund (all funds except Fidelity Contrafund)

Fidelity Devonshire Trust (all funds except Fidelity Utilities Fund and Fidelity Real Estate Investment Portfolio)

Fidelity Exchange Fund

Fidelity Puritan Trust (all funds except Fidelity Low-Priced Stock Fund and Fidelity Puritan Fund)

Fidelity Securities Fund (all funds except Fidelity Growth & Income Portfolio)

Fidelity Select Portfolios (all funds except Health Care Portfolio)

Fidelity Summer Street Trust (all funds except Fidelity Capital & Income Fund)

Fidelity Trend Fund

(Name of Registrant as Specified In Its Charter)

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:

FOR EXTERNAL POSTING IN MUTUAL FUND SECTION OF FIDELITY.COM

Board of Trustees of the Fidelity Funds to Create Two Separate Boards
February 2008

Fidelity's mutual fund business and the broader mutual fund marketplace continue to expand and evolve. As a result, the Board of Trustees of the Fidelity Funds, together with Fidelity Management & Research Company (FMR), have been considering ways to structure the Board for each Fidelity fund in order to ensure that Fidelity's mutual fund shareholders continue to be well served by Trustees in the years ahead. Historically, the Board of each Fidelity fund has consisted of the same group of individual Trustees who serve as Trustees for all other Fidelity funds. In effect, the Fidelity funds have been overseen by a single Board of Trustees.

The Trustees of the Fidelity Funds -- with the support of FMR -- have made a decision to reorganize themselves into two separate groups and thereby create two Boards. One Board will oversee Fidelity's equity and high-income funds, while the second Board will oversee Fidelity's investment-grade bond, money market, and asset allocation funds. The creation of separate Boards will allow Trustees to continue to focus most effectively on the unique needs of each group of funds in the years ahead.

The Board made this decision in order to plan for the future. The decision was based on three specific factors:

  • The continued diversification of Fidelity's mutual fund business into new asset classes and product types.
  • The increasing complexity of the securities marketplace in terms of the investment strategies available to Fidelity's mutual funds.
  • The expectation by the Board of Trustees that Fidelity's mutual fund business will continue to expand over the coming five to 10 years as a result of prevailing demographic and business trends.

The Board of Trustees fully expects that the environment of strong governance of the funds and protection of the interests of fund shareholders will continue under this new structure of two Boards of Trustees, in partnership with Fidelity as the funds' investment adviser.

By way of background, the Board of Trustees is responsible for governing the funds and protecting the interests of shareholders. They are elected by fund shareholders. Trustees on both Boards will be experienced executives who meet throughout the year to oversee the funds' activities, review contractual arrangements with companies that provide services to the funds, and review fund performance. Board members include independent Trustees, or those with no affiliation to Fidelity, and interested Trustees, or those who are employed by Fidelity. A significant majority of the Board is independent. Each of the new Boards is expected to have 75 percent or more independent Trustees.

The process of creating two Boards from the current single Board will take several months since meetings of fund shareholders must be convened to elect Trustees. We anticipate that the fund shareholder meetings at which these items are presented can be completed by mid-summer of 2008. More detailed information will be included in the individual fund proxies that will be mailed to shareholders of affected funds in the coming months.

# # #

Please read the proxy statement when it becomes available because it contains important information. The preliminary and definitive proxy statements can be accessed free of charge on www.sec.gov.

Fidelity Investments Institutional Services Company, Inc., 82 Devonshire Street, Boston, MA 02109

Fidelity Distributors Corporation, 82 Devonshire Street, Boston, MA 02109

Fidelity Brokerage Services LLC, Member NYSE, SIPC, 100 Summer Street, Boston, MA 02110

National Financial Services, LLC, Member NYSE, SIPC, 200 Liberty Street, NY4F, New York, NY 10281

482023.1.0

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