Supplement to the
Fidelity^® Trend Fund
March 1, 2010
Prospectus

Effective October 1, 2010, FIL Investment Advisors, FIL Investment Advisors (U.K.) Ltd., and FIL Investments (Japan) Limited no longer serve as sub-advisers to the fund.

TRE-10-01October 1, 20101.717691.115

Supplement to the

Fidelity^® Contrafund^® (FCNTX)

A Fund of Fidelity Contrafund

Fidelity Contrafund is a Class of shares of Fidelity Contrafund

Fidelity Trend Fund (FTRNX)

A Fund of Fidelity Trend Fund

Fidelity Trend Fund is a Class of shares of Fidelity Trend Fund

STATEMENT OF ADDITIONAL INFORMATION

March 1, 2010

Effective October 1, 2010, the master international research agreement with FIL Investment Advisors and the sub-research agreements with FIL Investment Advisors (U.K.) Ltd. and FIL Investments (Japan) Limited have been terminated on behalf of the funds.

CTFB-10-01		October 1, 2010
1.799798.109