0000205323 2011-01-29 2012-01-28 0000205323 fct4:S000006010Member 2011-01-29 2012-01-28 Other FIDELITY COMMONWEALTH TRUST 0000205323 false 2012-01-28 2012-11-30 2012-12-11 2012-12-11 <h2>Supplement to the<br/>Fidelity^&#174; Nasdaq Composite^&#174; Index Fund<br/>January 28, 2012<br/>Prospectus</h2><p align="left">Effective January 1, 2013, the following information replaces the information under "Shareholder fees" under the heading "Fee Table" in the "Fund Summary" section on page 3.</p><table width="95%" border=""><tr><td align="left" valign="bottom" colspan="7"><div align="left"><font size="2"><b>Shareholder fees</b></font><br/><font size="-2"><b>(fees paid directly from your investment)</b></font></div></td><td align="center" valign="bottom"><div align="right"><font size="-1">&nbsp;</font></div></td></tr><tr><td align="left" valign="bottom" colspan="7"><div align="left"><font size="-1">Redemption fee on shares held less than 90 days (as a % of amount redeemed)</font></div></td><td align="center" valign="bottom"><div align="right"><font size="-1">0.75%</font></div></td></tr></table>