0001379491-17-006369.txt : 20170929 0001379491-17-006369.hdr.sgml : 20170929 20170929105254 ACCESSION NUMBER: 0001379491-17-006369 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20170929 DATE AS OF CHANGE: 20170929 EFFECTIVENESS DATE: 20170929 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FIDELITY SECURITIES FUND CENTRAL INDEX KEY: 0000754510 IRS NUMBER: 000000000 STATE OF INCORPORATION: MA FISCAL YEAR END: 0731 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-93601 FILM NUMBER: 171109615 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 0000754510 S000007192 Fidelity Real Estate Income Fund C000087887 Fidelity Advisor Real Estate Income Fund: Class A FRINX C000087889 Fidelity Advisor Real Estate Income Fund: Class C FRIOX C000087890 Fidelity Advisor Real Estate Income Fund: Class M FRIQX C000087891 Fidelity Advisor Real Estate Income Fund: Class I FRIRX 0000754510 S000007193 Fidelity Small Cap Growth Fund C000019682 Fidelity Advisor Small Cap Growth Fund: Class A FCAGX C000019684 Fidelity Advisor Small Cap Growth Fund: Class C FCCGX C000019685 Fidelity Advisor Small Cap Growth Fund: Class M FCTGX C000019686 Fidelity Advisor Small Cap Growth Fund: Class I FCIGX C000177524 Fidelity Advisor Small Cap Growth Fund: Class Z FIDGX 0000754510 S000007194 Fidelity Small Cap Value Fund C000019688 Fidelity Advisor Small Cap Value Fund: Class A FCVAX C000019690 Fidelity Advisor Small Cap Value Fund: Class C FCVCX C000019691 Fidelity Advisor Small Cap Value Fund: Class M FCVTX C000019692 Fidelity Advisor Small Cap Value Fund: Class I FCVIX 497 1 filing989.htm PRIMARY DOCUMENT

Supplement to the
Fidelity® Small Cap Growth Fund
Class A, Class M, Class C, Class I and Class Z
September 29, 2017
Prospectus

Effective October 1, 2017, the following replaces similar information found in the “Fund Summary” section under the “Fee Table” heading.

You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in the fund or certain other Fidelity® funds. More information about these and other discounts is available from your investment professional and in the "Fund Distribution" section beginning on page 30 of the prospectus. Different intermediaries may provide additional waivers or reductions of the sales charge. Please see “Sales Charge Waiver Policies Applied by Certain Intermediaries” in the “Appendix” section of the prospectus.

Effective October 1, 2017, the following supplements information found in the “Fund Services” section under the “Fund Distribution” heading.

The availability of certain sales charge waivers and discounts may depend on whether you purchase your shares directly from the Fund or through an intermediary. Intermediaries may have different policies and procedures regarding the availability of front-end sales load waivers or contingent deferred (back-end) sales load (“CDSC”) waivers. Please see “Sales Charge Waiver Policies Applied by Certain Intermediaries” in the “Appendix” section of the prospectus. In all instances, it is the purchaser’s responsibility to notify the Fund or the purchaser’s intermediary at the time of purchase of any relationship or other facts qualifying the purchaser for sales charge waivers or discounts. For waivers and discounts not available through a particular intermediary, shareholders will have to purchase Fund shares directly from the Fund or through another intermediary to receive these waivers or discounts.

Effective October 1, 2017, the following supplements information found in the “Appendix” section.

Sales Charge Waiver Policies Applied by Certain Intermediaries

Merrill Lynch

Effective October 1, 2017, shareholders purchasing fund shares through a Merrill Lynch platform or account will be eligible only for the following load waivers (front-end sales charge waivers and contingent deferred, or back-end, sales charge waivers) and discounts, which may differ from those disclosed elsewhere in this prospectus or SAI.

Front-end Sales Load Waivers on Class A Shares available at Merrill Lynch: 
Employer-sponsored retirement, deferred compensation and employee benefit plans (including health savings accounts) and trusts used to fund those plans, provided that the shares are not held in a commission-based brokerage account and shares are held for the benefit of the plan 
Shares purchased by or through a 529 Plan 
Shares purchased through a Merrill Lynch affiliated investment advisory program 
Shares purchased by third party investment advisors on behalf of their advisory clients through Merrill Lynch’s platform 
Shares of funds purchased through the Merrill Edge Self-Directed platform (if applicable) 
Shares purchased through reinvestment of capital gains distributions and dividend reinvestment when purchasing shares of the same fund (but not any other fund within the fund family) 
Shares exchanged from Class C (i.e. level-load) shares of the same fund in the month of or following the 10-year anniversary of the purchase date 
Employees and registered representatives of Merrill Lynch or its affiliates and their family members 
Directors or Trustees of the Fund, and employees of the Fund’s investment adviser or any of its affiliates, as described in the this prospectus 
Shares purchased from the proceeds of redemptions within the same fund family, provided (1) the repurchase occurs within 90 days following the redemption, (2) the redemption and purchase occur in the same account, and (3) redeemed shares were subject to a front-end or deferred sales load (known as Rights of Reinstatement) 

CDSC Waivers on A, B, and C Shares available at Merrill Lynch: 
Death or disability of the shareholder 
Shares sold as part of a systematic withdrawal plan as described in the Fund’s prospectus 
Return of excess contributions from an IRA Account 
Shares sold as part of a required minimum distribution for IRA and retirement accounts due to the shareholder reaching age 70½ 
Shares sold to pay Merrill Lynch fees but only if the transaction is initiated by Merrill Lynch 
Shares acquired through a right of reinstatement 
Shares held in retirement brokerage accounts, that are exchanged for a lower cost share class due to transfer to certain fee based accounts or platforms (applicable to A and C shares only) 

Front-end load Discounts Available at Merrill Lynch: 
Breakpoints, Rights of Accumulation & Letters of Intent 
Breakpoints as described in this prospectus 
Rights of Accumulation (ROA) which entitle shareholders to breakpoint discounts will be automatically calculated based on the aggregated holding of fund family assets held by accounts within the purchaser’s household at Merrill Lynch. Eligible fund family assets not held at Merrill Lynch may be included in the ROA calculation only if the shareholder notifies his or her financial advisor about such assets 
Letters of Intent (LOI) which allow for breakpoint discounts based on anticipated purchases within a fund family, through Merrill Lynch, over a 13-month period of time (if applicable) 


ASCP-17-05
1.808092.127		September 29, 2017

Supplement to the
Fidelity® Small Cap Value Fund
Class A, Class M, Class C and Class I
September 29, 2017
Prospectus

Effective October 1, 2017, the following replaces similar information found in the “Fund Summary” section under the “Fee Table” heading.

You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in the fund or certain other Fidelity® funds. More information about these and other discounts is available from your investment professional and in the "Fund Distribution" section beginning on page 29 of the prospectus. Different intermediaries may provide additional waivers or reductions of the sales charge. Please see “Sales Charge Waiver Policies Applied by Certain Intermediaries” in the “Appendix” section of the prospectus.

Effective October 1, 2017, the following supplements information found in the “Fund Services” section under the “Fund Distribution” heading.

The availability of certain sales charge waivers and discounts may depend on whether you purchase your shares directly from the Fund or through an intermediary. Intermediaries may have different policies and procedures regarding the availability of front-end sales load waivers or contingent deferred (back-end) sales load (“CDSC”) waivers. Please see “Sales Charge Waiver Policies Applied by Certain Intermediaries” in the “Appendix” section of the prospectus. In all instances, it is the purchaser’s responsibility to notify the Fund or the purchaser’s intermediary at the time of purchase of any relationship or other facts qualifying the purchaser for sales charge waivers or discounts. For waivers and discounts not available through a particular intermediary, shareholders will have to purchase Fund shares directly from the Fund or through another intermediary to receive these waivers or discounts.

Effective October 1, 2017, the following supplements information found in the “Appendix” section.

Sales Charge Waiver Policies Applied by Certain Intermediaries

Merrill Lynch

Effective October 1, 2017, shareholders purchasing fund shares through a Merrill Lynch platform or account will be eligible only for the following load waivers (front-end sales charge waivers and contingent deferred, or back-end, sales charge waivers) and discounts, which may differ from those disclosed elsewhere in this prospectus or SAI.

Front-end Sales Load Waivers on Class A Shares available at Merrill Lynch: 
Employer-sponsored retirement, deferred compensation and employee benefit plans (including health savings accounts) and trusts used to fund those plans, provided that the shares are not held in a commission-based brokerage account and shares are held for the benefit of the plan 
Shares purchased by or through a 529 Plan 
Shares purchased through a Merrill Lynch affiliated investment advisory program 
Shares purchased by third party investment advisors on behalf of their advisory clients through Merrill Lynch’s platform 
Shares of funds purchased through the Merrill Edge Self-Directed platform (if applicable) 
Shares purchased through reinvestment of capital gains distributions and dividend reinvestment when purchasing shares of the same fund (but not any other fund within the fund family) 
Shares exchanged from Class C (i.e. level-load) shares of the same fund in the month of or following the 10-year anniversary of the purchase date 
Employees and registered representatives of Merrill Lynch or its affiliates and their family members 
Directors or Trustees of the Fund, and employees of the Fund’s investment adviser or any of its affiliates, as described in the this prospectus 
Shares purchased from the proceeds of redemptions within the same fund family, provided (1) the repurchase occurs within 90 days following the redemption, (2) the redemption and purchase occur in the same account, and (3) redeemed shares were subject to a front-end or deferred sales load (known as Rights of Reinstatement) 

CDSC Waivers on A, B, and C Shares available at Merrill Lynch: 
Death or disability of the shareholder 
Shares sold as part of a systematic withdrawal plan as described in the Fund’s prospectus 
Return of excess contributions from an IRA Account 
Shares sold as part of a required minimum distribution for IRA and retirement accounts due to the shareholder reaching age 70½ 
Shares sold to pay Merrill Lynch fees but only if the transaction is initiated by Merrill Lynch 
Shares acquired through a right of reinstatement 
Shares held in retirement brokerage accounts, that are exchanged for a lower cost share class due to transfer to certain fee based accounts or platforms (applicable to A and C shares only) 

Front-end load Discounts Available at Merrill Lynch: 
Breakpoints, Rights of Accumulation & Letters of Intent 
Breakpoints as described in this prospectus 
Rights of Accumulation (ROA) which entitle shareholders to breakpoint discounts will be automatically calculated based on the aggregated holding of fund family assets held by accounts within the purchaser’s household at Merrill Lynch. Eligible fund family assets not held at Merrill Lynch may be included in the ROA calculation only if the shareholder notifies his or her financial advisor about such assets 
Letters of Intent (LOI) which allow for breakpoint discounts based on anticipated purchases within a fund family, through Merrill Lynch, over a 13-month period of time (if applicable) 


ASCV-17-06
1.808271.132		September 29, 2017

Supplement to the
Fidelity® Real Estate Income Fund
Class A, Class M, Class C and Class I
September 29, 2017
Prospectus

Effective October 1, 2017, the following replaces similar information found in the “Fund Summary” section under the “Fee Table” heading.

You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in the fund or certain other Fidelity® funds. More information about these and other discounts is available from your investment professional and in the "Fund Distribution" section beginning on page 31 of the prospectus. Different intermediaries may provide additional waivers or reductions of the sales charge. Please see “Sales Charge Waiver Policies Applied by Certain Intermediaries” in the “Appendix” section of the prospectus.

Effective October 1, 2017, the following supplements information found in the “Fund Services” section under the “Fund Distribution” heading.

The availability of certain sales charge waivers and discounts may depend on whether you purchase your shares directly from the Fund or through an intermediary. Intermediaries may have different policies and procedures regarding the availability of front-end sales load waivers or contingent deferred (back-end) sales load (“CDSC”) waivers. Please see “Sales Charge Waiver Policies Applied by Certain Intermediaries” in the “Appendix” section of the prospectus. In all instances, it is the purchaser’s responsibility to notify the Fund or the purchaser’s intermediary at the time of purchase of any relationship or other facts qualifying the purchaser for sales charge waivers or discounts. For waivers and discounts not available through a particular intermediary, shareholders will have to purchase Fund shares directly from the Fund or through another intermediary to receive these waivers or discounts.

Effective October 1, 2017, the following supplements information found in the “Appendix” section.

Sales Charge Waiver Policies Applied by Certain Intermediaries

Merrill Lynch

Effective October 1, 2017, shareholders purchasing fund shares through a Merrill Lynch platform or account will be eligible only for the following load waivers (front-end sales charge waivers and contingent deferred, or back-end, sales charge waivers) and discounts, which may differ from those disclosed elsewhere in this prospectus or SAI.

Front-end Sales Load Waivers on Class A Shares available at Merrill Lynch: 
Employer-sponsored retirement, deferred compensation and employee benefit plans (including health savings accounts) and trusts used to fund those plans, provided that the shares are not held in a commission-based brokerage account and shares are held for the benefit of the plan 
Shares purchased by or through a 529 Plan 
Shares purchased through a Merrill Lynch affiliated investment advisory program 
Shares purchased by third party investment advisors on behalf of their advisory clients through Merrill Lynch’s platform 
Shares of funds purchased through the Merrill Edge Self-Directed platform (if applicable) 
Shares purchased through reinvestment of capital gains distributions and dividend reinvestment when purchasing shares of the same fund (but not any other fund within the fund family) 
Shares exchanged from Class C (i.e. level-load) shares of the same fund in the month of or following the 10-year anniversary of the purchase date 
Employees and registered representatives of Merrill Lynch or its affiliates and their family members 
Directors or Trustees of the Fund, and employees of the Fund’s investment adviser or any of its affiliates, as described in the this prospectus 
Shares purchased from the proceeds of redemptions within the same fund family, provided (1) the repurchase occurs within 90 days following the redemption, (2) the redemption and purchase occur in the same account, and (3) redeemed shares were subject to a front-end or deferred sales load (known as Rights of Reinstatement) 

CDSC Waivers on A, B, and C Shares available at Merrill Lynch: 
Death or disability of the shareholder 
Shares sold as part of a systematic withdrawal plan as described in the Fund’s prospectus 
Return of excess contributions from an IRA Account 
Shares sold as part of a required minimum distribution for IRA and retirement accounts due to the shareholder reaching age 70½ 
Shares sold to pay Merrill Lynch fees but only if the transaction is initiated by Merrill Lynch 
Shares acquired through a right of reinstatement 
Shares held in retirement brokerage accounts, that are exchanged for a lower cost share class due to transfer to certain fee based accounts or platforms (applicable to A and C shares only) 

Front-end load Discounts Available at Merrill Lynch: 
Breakpoints, Rights of Accumulation & Letters of Intent 
Breakpoints as described in this prospectus 
Rights of Accumulation (ROA) which entitle shareholders to breakpoint discounts will be automatically calculated based on the aggregated holding of fund family assets held by accounts within the purchaser’s household at Merrill Lynch. Eligible fund family assets not held at Merrill Lynch may be included in the ROA calculation only if the shareholder notifies his or her financial advisor about such assets 
Letters of Intent (LOI) which allow for breakpoint discounts based on anticipated purchases within a fund family, through Merrill Lynch, over a 13-month period of time (if applicable) 


REIA-17-06
1.913960.113		September 29, 2017