-----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, D28WE3KkHrcsSaPrxs8+sboQSawNc1aWm8bA6aOueu3lhwLYiQxpf6ePxgTBvGfw NXcSIdDDU5PfAKq6ChYzyQ== 0000754510-96-000005.txt : 19960403 0000754510-96-000005.hdr.sgml : 19960403 ACCESSION NUMBER: 0000754510-96-000005 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19960402 SROS: NONE FILER: COMPANY DATA: COMPANY CONFORMED NAME: FIDELITY SECURITIES FUND CENTRAL INDEX KEY: 0000754510 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] STATE OF INCORPORATION: MA FISCAL YEAR END: 0731 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-93601 FILM NUMBER: 96543596 BUSINESS ADDRESS: STREET 1: 82 DEVONSHIRE ST CITY: BOSTON STATE: MA ZIP: 02109 BUSINESS PHONE: 6174391706 MAIL ADDRESS: STREET 1: 82 DEVONSHIRE STREET STREET 2: MAILZONE ZH-2 CITY: BOSTON STATE: MA ZIP: 02109 497 1 SUPPLEMENT TO THE FIDELITY OTC PORTFOLIO PROSPECTUS DATED SEPTEMBER 19, 1995 The following information replaces the similar information found in the "Performance" section on page 7. AVERAGE ANNUAL TOTAL RETURNS Fiscal periods ended Pas Past Past July 31, 1995 t 1 5 10 yea year year r s s OTC 39.98 17.80 16.62 % % % OTC 35.78 17.08 16.27 (load adj. A) % % % NASDAQ Index 40.25 19.46 14.36 % % % Consumer Price 2.76 3.18 3.53 Index % % % CUMULATIVE TOTAL RETURNS Fiscal periods ended Pas Past Past July 31, 1995 t 1 5 10 yea year year r s s OTC 39.98 126.8 365.43 % 3% % OTC 35.78 120.0 351.47 (load adj. A) % 3% % NASDAQ Index 40.25 143.2 282.56 % 5% % Consumer Price 2.76 16.95 41.47 Index % % % A LOAD-ADJUSTED RETURNS INCLUDE THE EFFECT OF PAYING THE FUND'S 3% SALES CHARGE. The following information replaces the similar information found in the "Transaction Details" section on page 27. FDC collects the proceeds from the fund's 3% sales charge and may pay a portion of them to securities dealers who have sold the funds shares, or to others, including banks and other financial institutions (qualified recipients), under special arrangements in connection with FDC's sales activities. The sales charge paid to qualified recipients is 1.50% of the fund's offering price. The following information replaces the similar information found in the "Waivers" section on page 29. 6. To shares purchased through Portfolio Advisory Services or Fidelity Charitable Advisory Services FIDELITY OTC PORTFOLIO A FUND OF SECURITIES FUND SUPPLEMENT TO THE STATEMENT OF ADDITIONAL INFORMATION DATED SEPTEMBER 19, 1995 The following information replaces similar information found in the "Performance" section on page 13. FIDELITY OTC PORTFOLIO INDICES Value of Value of Value of Year Initial Reinvested Reinvested Cost Ended $10,000 Dividend Capital Gain Total NASDAQ of 7/31 Investment Distributions Distributions Value Index Living
1995 $ 20,432 $ 2,443 $ 22,272 $ 45,147 $ 38,256 $ 14,147 1994 14,734 1,458 16,061 32,253 27,277 13,766 1993 17,021 1,535 13,812 32,368 26,324 13,395 1992 16,200 1,157 10,386 27,743 21,453 13,033 1991 15,956 1,008 7,522 24,486 18,317 12,635 1990 13,420 793 5,690 19,903 15,727 12,096 1989 14,695 377 3,968 19,040 16,032 11,540 1988 11,796 43 3,186 15,025 13,474 10,993 1987 14,320 29 1,609 15,958 14,890 10,557 1986 12,191 9 409 12,609 12,537 10,158
MANAGEMENT CONTRACT. Effective January 1, 1996, FMR agreed to voluntarily adopt the revised group fee rate schedule shown below for purposes of calculating the group fee component of the management fee. The revised schedule provides for lower management fees as total assets under management increase, and it will be presented to shareholders for approval at the next shareholder meeting. The following information replaces the "Group Fee Rate" and "Effective Annual Fee Rate" schedules beginning on page 20. GROUP FEE RATE SCHEDULE EFFECTIVE ANNUAL FEE RATES Average Group Annualized Group Net Effective Annual Fee Assets Rate Assets Rate 0 - $ 3 billion .5200% $ 0.5 billion .5200% 3 - 6 .4900 25 .4238 6 - 9 .4600 50 .3823 9 - 12 .4300 75 .3626 12 - 15 .4000 100 .3512 15 - 18 .3850 125 .3430 18 - 21 .3700 150 .3371 21 - 24 .3600 175 .3325 24 - 30 .3500 200 .3284 30 - 36 .3450 225 .3249 36 - 42 .3400 250 .3219 42 - 48 .3350 275 .3190 48 - 66 .3250 300 .3163 66 - 84 .3200 325 .3137 84 - 102 .3150 350 .3113 102 - 138 .3100 375 .3090 138 - 174 .3050 400 .3067 174 - 210 .3000 425 .3046 210 - 246 .2950 450 .3024 246 - 282 .2900 475 .3003 282 - 318 .2850 500 .2982 318 - 354 .2800 525 .2962 354 - 390 .2750 550 .2942 390 - 426 .2700 426 - 462 .2650 462 - 498 .2600 498 - 534 .2550 Over 534 .2500 The following information replaces the similar information found in the "Additional Purchase and Redemption Information" section on page 14. 7. to shares purchased through Portfolio Advisory Services or Fidelity Charitable Advisory Services; -----END PRIVACY-ENHANCED MESSAGE-----