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Supplement to the
Fidelity^® Advisor Growth & Income Fund
Class A, Class T, Class B, and Class C
January 29, 2002
Prospectus

The following information replaces the similar information found under the heading "Fee Table" in the "Fund Summary" section on page 5.

The following table describes the fees and expenses that are incurred when you buy, hold, or sell Class A, Class T, Class B, and Class C shares of the fund. The annual operating expenses provided below for Class A and Class T are based on historical expenses, adjusted to reflect current fees. The annual class operating expenses provided below for each class do not reflect the effect of any reduction of certain expenses during the period.

The following information replaces the similar information found under the heading "Fee Table" in the "Fund Summary" section beginning on page 5.

Annual class operating expenses (paid from class assets)

	Class A	Class T	Class B	Class C
Management fee	0.48%	0.48%	0.48%	0.48%
Distribution and/or Service (12b-1) fees	0.26%^A	0.51%^A	1.00%	1.00%
Other expenses	0.30%	0.28%	0.30%	0.27%
Total annual class operating expenses^B	1.04%	1.27%	1.78%	1.75%

^AUnder the Class A and Class T 12b-1 plans, a portion of the brokerage commissions paid when the fund buys or sells a portfolio security may be used to promote the sale of class shares. These commissions are paid by the fund in its day-to-day investment activities and are not a separate charge to class assets. Excluding these brokerage commissions, the 12b-1 fees for Class A and Class T are 0.25% and 0.50%, respectively, and the total annual class operating expenses are 1.03% and 1.26%, respectively.

^BFMR has voluntarily agreed to reimburse Class A, Class T, Class B, and Class C of the fund to the extent that total operating expenses (excluding interest, taxes, certain securities lending costs, brokerage commissions (including those covered by the Class A and Class T 12b-1 plans), and extraordinary expenses), as a percentage of their respective average net assets, exceed the following rates:

	Class A	Effective Date	Class T	Effective Date	Class B	Effective Date	Class C	Effective Date
Advisor Growth & Income	1.20%	2/27/99	1.45%	2/27/99	1.95%	2/27/99	1.95%	2/27/99

These arrangements may be discontinued by FMR at any time.

AGAI-02-03 September 29, 2002
1.737468.107

A portion of the brokerage commissions that the fund pays may be reimbursed and used to reduce the fund's expenses and/or to promote the sale of class shares. In addition, through arrangements with the fund's custodian and transfer agent, credits realized as a result of uninvested cash balances are used to reduce custodian and transfer agent expenses. Including these reductions, the total Class A, Class T, Class B, and Class C operating expenses would have been as shown in the table below.

	Total Operating Expenses
Advisor Growth & Income - Class A	1.00%
Advisor Growth & Income - Class T	1.24%
Advisor Growth & Income - Class B	1.75%
Advisor Growth & Income - Class C	1.72%

This example helps you compare the cost of investing in the fund with the cost of investing in other mutual funds.

Let's say, hypothetically, that each class's annual return is 5% and that your shareholder fees and each class's annual operating expenses are exactly as described in the fee table. This example illustrates the effect of fees and expenses, but is not meant to suggest actual or expected fees and expenses or returns, all of which may vary. For every $10,000 you invested, here's how much you would pay in total expenses if you sell all of your shares at the end of each time period indicated and if you hold your shares:

	Class A		Class T		Class B		Class C
	Sell All Shares	Hold Shares	Sell All Shares	Hold Shares	Sell All Shares	Hold Shares	Sell All Shares	Hold Shares
1 year	$ 675	$ 675	$ 475	$ 475	$ 681	$ 181	$ 278	$ 178
3 years	$ 887	$ 887	$ 739	$ 739	$ 860	$ 560	$ 551	$ 551
5 years	$ 1,116	$ 1,116	$ 1,023	$ 1,023	$ 1,164	$ 964	$ 949	$ 949
10 years	$ 1,773	$ 1,773	$ 1,830	$ 1,830	$ 1,808^A	$ 1,808^A	$ 2,062	$ 2,062

^AReflects conversion to Class A shares after a maximum of seven years.

The following information replaces similar information found under the heading "Buying Shares" in the "Buying and Selling Shares" section on page 13.

Phone

To Open an Account

Exchange from the same class of another Fidelity Advisor fund or from certain other Fidelity funds. Call your investment professional or call Fidelity at the appropriate number found in "General Information."

To Add to an Account

Exchange from the same class of another Fidelity Advisor fund or from certain other Fidelity funds. Call your investment professional or call Fidelity at the appropriate number found in "General Information."
Use Fidelity Advisor Money Line^SM to transfer from your bank account. Call your investment professional or call Fidelity at the appropriate number found in "General Information."

The following information replaces similar information found under the heading "Selling Shares" in the "Buying and Selling Shares" section on page 15.

Phone

Call your investment professional or call Fidelity at the appropriate number found in "General Information" to initiate a wire transaction or to request a check for your redemption.
Use Fidelity Advisor Money Line to transfer to your bank account. Call your investment professional or call Fidelity at the appropriate number found in "General Information."
Exchange to the same class of other Fidelity Advisor funds or to certain other Fidelity funds. Call your investment professional or call Fidelity at the appropriate number found in "General Information."

The following information supplements the information found under the heading "Other Features" in the "Account Features and Policies" section on page 20.

Fidelity Advisor Money Line
To transfer money between your bank account and your fund account.

You must sign up for the Fidelity Advisor Money Line feature before using it. Complete the appropriate section on the application and then call your investment professional or call Fidelity at the appropriate number found in "General Information" before your first use to verify that this feature is set up on your account.
Maximum transaction: $100,000

The following information replaces similar information found under the heading "Fund Management" in the "Fund Services" section on page 23.

Louis Salemy is vice president and manager of Advisor Growth & Income <R>Fund</R> which he has managed since February 2002. He also manages other Fidelity funds. Since joining Fidelity in 1992, Mr. Salemy has worked as a research analyst and manager.

<R>Effective September 19, 2002, the following information replaces similar information found in the "Fund Distribution" section on page 26.</R>

<R>Except as provided below, investment professionals will receive as compensation from FDC, at the time of the sale, a concession equal to 1.00% of your purchase of Class C shares. For purchases of Class C shares made for an intermediary-sponsored managed account program, employee benefit plan, 403(b) program or plan covering a sole-proprietor (formerly Keogh/H.R. 10 plan) or through reinvested dividends or capital gain distributions, investment professionals do not receive a concession at the time of sale.</R>

<R>Effective September 19, 2002, the following information supplements the information found in the "Fund Distribution" section on page 29.</R>

<R>The Class B or Class C CDSC will not apply to the redemption of shares:</R>

<R></R>6. (Applicable to Class C only) From an intermediary-sponsored managed account program.

The following information replaces the second through eighth paragraphs after the heading "Conversion Feature" in the "Fund Services - Fund Distribution" section beginning on page 31.

Class A has adopted a Distribution and Service Plan pursuant to Rule 12b-1 under the Investment Company Act of 1940. Under the plan, Class A is authorized to pay FDC a monthly 12b-1 (distribution) fee as compensation for providing services intended to result in the sale of Class A shares. Class A may pay this 12b-1 (distribution) fee at an annual rate of 0.50% of its average net assets, or such lesser amount as the Trustees may determine from time to time. Currently, the Trustees have not approved such payments other than as described in the following paragraph. The Trustees may approve monthly 12b-1 (distribution) fee payments for Class A only when the Trustees believe it is in the best interests of Class A shareholders to do so.

Under the plan, and subject to the overall 0.50% limit on 12b-1 (distribution) fees described above, Class A may also use a portion of the brokerage commissions paid when the fund buys or sells a portfolio security to promote the sale of its shares. These brokerage commissions result when the fund sells or purchases a security through a broker-dealer who, in turn, directs a portion of the brokerage commission earned on the transaction to promote the sale of fund shares. The plan permits the use of these brokerage commissions for distribution purposes at an annual rate of up to 0.10% of the class's average net assets, or such lesser amount as the Trustees may determine from time to time. Class A anticipates using brokerage commissions equal to 0.01% of its average net assets for distribution purposes in fiscal year 2002.

In addition, pursuant to the Class A plan, Class A pays FDC a monthly 12b-1 (service) fee at an annual rate of 0.25% of Class A's average net assets throughout the month for providing shareholder support services.

FDC may reallow up to the full amount of this 12b-1 (service) fee to intermediaries (such as banks, broker-dealers, and other service-providers), including its affiliates, for providing shareholder support services.

Class T has adopted a Distribution and Service Plan pursuant to Rule 12b-1 under the Investment Company Act of 1940. Under the plan, Class T is authorized to pay FDC a monthly 12b-1 (distribution) fee as compensation for providing services intended to result in the sale of Class T shares. Class T may pay this 12b-1 (distribution) fee at an annual rate of 0.50% of its average net assets, or such lesser amount as the Trustees may determine from time to time. Class T currently pays FDC a monthly 12b-1 (distribution) fee at an annual rate of 0.25% of its average net assets throughout the month. Class T's 12b-1 (distribution) fee rate may be increased only when the Trustees believe that it is in the best interests of Class T shareholders to do so.

FDC may reallow up to the full amount of this 12b-1 (distribution) fee to intermediaries (such as banks, broker-dealers, and other service-providers), including its affiliates, for providing services intended to result in the sale of Class T shares.

Under the plan, and subject to the overall 0.50% limit on 12b-1 (distribution) fees described above, Class T may also use a portion of the brokerage commissions paid when the fund buys or sells a portfolio security to promote the sale of its shares. These brokerage commissions result when the fund sells or purchases a security through a broker-dealer who, in turn, directs a portion of the brokerage commission earned on the transaction to promote the sale of fund shares. The plan permits the use of these brokerage commissions for distribution purposes at an annual rate of up to 0.10% of the class's average net assets, or such lesser amount as the Trustees may determine from time to time. Class T anticipates using brokerage commissions equal to 0.01% of its average net assets for distribution purposes in fiscal year 2002.

In addition, pursuant to the Class T plan, Class T pays FDC a monthly 12b-1 (service) fee at an annual rate of 0.25% of Class T's average net assets throughout the month for providing shareholder support services.

<R>Effective September 19, 2002, the following information replaces similar information found in the "Fund Distribution" section beginning on page 32.</R>

<R>For purchases of Class C shares made for an intermediary-sponsored managed account program, employee benefit plan, 403(b) program or plan covering a sole-proprietor (formerly Keogh/H.R. 10 plan) or through reinvestment of dividends or capital gain distributions, during the first year of investment and thereafter, FDC may reallow up to the full amount of the Class C 12b-1 (distribution) fee paid by such shares to intermediaries, including its affiliates, for providing services intended to result in the sale of Class C shares and may reallow up to the full amount of the Class C 12b-1 (service) fee paid by such shares to intermediaries, including its affiliates, for providing shareholder support services.</R>

Supplement to the
Fidelity^® Advisor Growth Opportunities Fund Class A, Class T, Class B, and Class C
January 29, 2002
Prospectus

The following information replaces the similar information found under the heading "Fee Table" in the "Fund Summary" section on page 5.

The following table describes the fees and expenses that are incurred when you buy, hold, or sell Class A, Class T, Class B, and Class C shares of the fund. The annual class operating expenses provided below for Class A and Class T are based on historical expenses, adjusted to reflect current fees. The annual class operating expenses provided below for each class do not reflect the effect of any reduction of certain expenses during the period.

The following information replaces the similar information found under the heading "Fee Table" in the "Fund Summary" section beginning on page 5.

Annual class operating expenses (paid from class assets)

	Class A	Class T	Class B	Class C
Management fee	0.20%	0.20%	0.20%	0.20%
Distribution and/or Service (12b-1) fees	0.27%^A	0.52%^A	1.00%	1.00%
Other expenses	0.33%	0.23%	0.37%	0.33%
Total annual class operating expenses	0.80%	0.95%	1.57%	1.53%

	Total Operating Expenses
Advisor Growth & Income - Class A	0.75%
Advisor Growth & Income - Class T	0.90%
Advisor Growth & Income - Class B	1.52%
Advisor Growth & Income - Class C	1.48%

This example helps you compare the cost of investing in the fund with the cost of investing in other mutual funds.

	Class A		Class T		Class B		Class C
	Sell All Shares	Hold Shares	Sell All Shares	Hold Shares	Sell All Shares	Hold Shares	Sell All Shares	Hold Shares
1 year	$ 652	$ 652	$ 444	$ 444	$ 660	$ 160	$ 256	$ 156
3 years	$ 816	$ 816	$ 642	$ 642	$ 796	$ 496	$ 483	$ 483
5 years	$ 994	$ 994	$ 857	$ 857	$ 1,055	$ 855	$ 834	$ 834
10 years	$ 1,508	$ 1,508	$ 1,476	$ 1,476	$ 1,563^A	$ 1,563^A	$ 1,824	$ 1,824

^AReflects conversion to Class A shares after a maximum of seven years.

GO-02-02 September 29, 2002
1.756209.104

The following information replaces similar information found under the heading "Buying Shares" in the "Buying and Selling Shares" section on page 13.

Phone

To Open an Account

Exchange from the same class of another Fidelity Advisor fund or from certain other Fidelity funds. Call your investment professional or call Fidelity at the appropriate number found in "General Information."

To Add to an Account

Exchange from the same class of another Fidelity Advisor fund or from certain other Fidelity funds. Call your investment professional or call Fidelity at the appropriate number found in "General Information."
Use Fidelity Advisor Money Line^SM to transfer from your bank account. Call your investment professional or call Fidelity at the appropriate number found in "General Information."

The following information replaces similar information found under the heading "Selling Shares" in the "Buying and Selling Shares" section on page 15.

Phone

Call your investment professional or call Fidelity at the appropriate number found in "General Information" to initiate a wire transaction or to request a check for your redemption.
Use Fidelity Advisor Money Line to transfer to your bank account. Call your investment professional or call Fidelity at the appropriate number found in "General Information."
Exchange to the same class of other Fidelity Advisor funds or to certain other Fidelity funds. Call your investment professional or call Fidelity at the appropriate number found in "General Information."

The following information supplements the information found under the heading "Other Features" in the "Account Features and Policies" section on page 20.

Fidelity Advisor Money Line
To transfer money between your bank account and your fund account.

You must sign up for the Fidelity Advisor Money Line feature before using it. Complete the appropriate section on the application and then call your investment professional or call Fidelity at the appropriate number found in "General Information" before your first use to verify that this feature is set up on your account.
Maximum transaction: $100,000

<R>Effective September 19, 2002, the following information replaces similar information found in the "Fund Distribution" section on page 27.</R>

<R>Effective September 19, 2002, the following information supplements the information found in the "Fund Distribution" section on page 30.</R>

<R>The Class B or Class C CDSC will not apply to the redemption of shares:</R>

<R></R>6. (Applicable to Class C only) From an intermediary-sponsored managed account program.

The following information replaces the second through eighth paragraphs after the heading "Conversion Feature" in the "Fund Services - Fund Distribution" section beginning on page 31.

Under the plan, and subject to the overall 0.50% limit on 12b-1 (distribution) fees described above, Class A may also use a portion of the brokerage commissions paid when the fund buys or sells a portfolio security to promote the sale of its shares. These brokerage commissions result when the fund sells or purchases a security through a broker-dealer who, in turn, directs a portion of the brokerage commission earned on the transaction to promote the sale of fund shares. The plan permits the use of these brokerage commissions for distribution purposes at an annual rate of up to 0.10% of the class's average net assets, or such lesser amount as the Trustees may determine from time to time. Class A anticipates using brokerage commissions equal to 0.02% of its average net assets for distribution purposes in fiscal year 2002.

Class T has adopted a Distribution and Service Plan pursuant to Rule 12b-1 under the Investment Company Act of 1940. Under the plan, Class T is authorized to pay FDC a monthly 12b-1 (distribution) fee as compensation for providing services intended to result in the sale of Class T shares. Class T may pay this 12b-1 (distribution) fee at an annual rate of 0.40% of its average net assets, or such lesser amount as the Trustees may determine from time to time. Class T currently pays FDC a monthly 12b-1 (distribution) fee at an annual rate of 0.25% of its average net assets throughout the month. Class T's 12b-1 (distribution) fee rate may be increased only when the Trustees believe that it is in the best interests of Class T shareholders to do so.

Under the plan, and subject to the overall 0.40% limit on 12b-1 (distribution) fees described above, Class T may also use a portion of the brokerage commissions paid when the fund buys or sells a portfolio security to promote the sale of its shares. These brokerage commissions result when the fund sells or purchases a security through a broker-dealer who, in turn, directs a portion of the brokerage commission earned on the transaction to promote the sale of fund shares. The plan permits the use of these brokerage commissions for distribution purposes at an annual rate of up to 0.10% of the class's average net assets, or such lesser amount as the Trustees may determine from time to time. Class T anticipates using brokerage commissions equal to 0.02% of its average net assets for distribution purposes in fiscal year 2002.

<R>Effective September 19, 2002, the following information replaces similar information found in the "Fund Distribution" section on page 33.</R>

Supplement to the
Fidelity^®Advisor Value Strategies Fund
Class A, Class T, Class B, and Class C
January 29, 2002
As revised April 11, 2002
Prospectus

The following information replaces the similar information found under the heading "Fee Table" in the "Fund Summary" section beginning on page 6.

Annual class operating expenses (paid from class assets)

	Class A	Class T	Class B	Class C
Management fee	0.57%	0.57%	0.57%	0.57%
Distribution and/or Service (12b-1) fees	0.27%^A	0.52%^A	1.00%	1.00%
Other expenses	0.35%	0.29%	0.36%	0.32%^B
Total annual class operating expenses^C	1.19%	1.38%	1.93%	1.89%

^BEstimated.

^CFMR has voluntarily agreed to reimburse Class A, Class T, Class B, and Class C of the fund to the extent that total operating expenses (excluding interest, taxes, certain securities lending costs, brokerage commissions (including those covered by the Class A and Class T 12b-1 plans), and extraordinary expenses), as a percentage of their respective average net assets, exceed the following rates:

	Class A	Effective Date	Class T	Effective Date	Class B	Effective Date	Class C	Effective Date
Advisor Value Strategies	1.30%	2/27/99	1.55%	2/27/99	2.05%	2/27/99	2.05%	8/16/01

These arrangements may be discontinued by FMR at any time.

A portion of the brokerage commissions that the fund pays may be reimbursed and used to reduce the fund's expenses and/or to promote the sale of class shares. In addition, through arrangements with the fund's custodian, credits realized as a result of uninvested cash balances are used to reduce custodian expenses. Including these reductions, the total Class A, Class T, Class B, and Class C operating expenses would have been as shown in the table below.

	Total Operating Expenses
Advisor Value Strategies - Class A	1.16%
Advisor Value Strategies - Class T	1.34%
Advisor Value Strategies - Class B	1.90%
Advisor Value Strategies - Class C	1.87%

This example helps you compare the cost of investing in the fund with the cost of investing in other mutual funds.

	Class A		Class T		Class B		Class C
	Sell All Shares	Hold Shares	Sell All Shares	Hold Shares	Sell All Shares	Hold Shares	Sell All Shares	Hold Shares
1 year	$ 689	$ 689	$ 486	$ 486	$ 696	$ 196	$ 292	$ 192
3 years	$ 931	$ 931	$ 772	$ 772	$ 906	$ 606	$ 594	$ 594
5 years	$ 1,192	$ 1,192	$ 1,079	$ 1,079	$ 1,242	$ 1,042	$ 1,021	$ 1,021
10 years	$ 1,935	$ 1,935	$ 1,949	$ 1,949	$ 1,972^A	$ 1,972^A	$ 2,212	$ 2,212

^AReflects conversion to Class A shares after a maximum of seven years.

<R>SO-02-02 September 29, 2002
1.751427.105</R>

The following information replaces similar information found under the heading "Buying Shares" in the "Buying and Selling Shares" section on page 13.

Phone

To Open an Account

Exchange from the same class of another Fidelity Advisor fund or from certain other Fidelity funds. Call your investment professional or call Fidelity at the appropriate number found in "General Information."

To Add to an Account

Exchange from the same class of another Fidelity Advisor fund or from certain other Fidelity funds. Call your investment professional or call Fidelity at the appropriate number found in "General Information."
Use Fidelity Advisor Money Line^SM to transfer from your bank account. Call your investment professional or call Fidelity at the appropriate number found in "General Information."

The following information replaces similar information found under the heading "Selling Shares" in the "Buying and Selling Shares" section on page 16.

Phone

Call your investment professional or call Fidelity at the appropriate number found in "General Information" to initiate a wire transaction or to request a check for your redemption.
Use Fidelity Advisor Money Line to transfer to your bank account. Call your investment professional or call Fidelity at the appropriate number found in "General Information."
Exchange to the same class of other Fidelity Advisor funds or to certain other Fidelity funds. Call your investment professional or call Fidelity at the appropriate number found in "General Information."

The following information supplements the information found under the heading "Other Features" in the "Account Features and Policies" section on page 21.

Fidelity Advisor Money Line
To transfer money between your bank account and your fund account.

You must sign up for the Fidelity Advisor Money Line feature before using it. Complete the appropriate section on the application and then call your investment professional or call Fidelity at the appropriate number found in "General Information" before your first use to verify that this feature is set up on your account.
Maximum transaction: $100,000

<R>Effective September 19, 2002, the following information replaces similar information found in the "Fund Distribution" section on page 27.</R>

<R>Effective September 19, 2002, the following information supplements the information found in the "Fund Distribution" section on page 30.</R>

<R>The Class B or Class C CDSC will not apply to the redemption of shares:</R>

<R></R>6. (Applicable to Class C only) From an intermediary-sponsored managed account program.

The following information replaces the second through eighth paragraphs after the heading "Conversion Feature" in the "Fund Services - Fund Distribution" section beginning on page 32.

Under the plan, and subject to the overall 0.50% limit on 12b-1 (distribution) fees described above, Class A may also use a portion of the brokerage commissions paid when the fund buys or sells a portfolio security to promote the sale of its shares. These brokerage commissions result when the fund sells or purchases a security through a broker-dealer who, in turn, directs a portion of the brokerage commission earned on the transaction to promote the sale of fund shares. The plan permits the use of these brokerage commissions for distribution purposes at an annual rate of up to 0.10% of the class's average net assets, or such lesser amount as the Trustees may determine from time to time. Class A anticipates using brokerage commissions equal to 0.02% of its average net assets for distribution purposes in fiscal year 2002.

Class T has adopted a Distribution and Service Plan pursuant to Rule 12b-1 under the Investment Company Act of 1940. Under the plan, Class T is authorized to pay FDC a monthly 12b-1 (distribution) fee as compensation for providing services intended to result in the sale of Class T shares. Class T may pay this 12b-1 (distribution) fee at an annual rate of 0.40% of its average net assets, or such lesser amount as the Trustees may determine from time to time. Class T currently pays FDC a monthly 12b-1 (distribution) fee at an annual rate of 0.25% of its average net assets throughout the month. Class T's 12b-1 (distribution) fee rate may be increased only when the Trustees believe that it is in the best interests of Class T shareholders to do so.

<R>Effective September 19, 2002, the following information replaces similar information found in the "Fund Distribution" section on page 33.</R>

Supplement to the
Fidelity^®Advisor Dynamic Capital Appreciation Fund Class A, Class T, Class B, and Class C
January 29, 2002
Prospectus

The following information replaces the similar information found under the heading "Fee Table" in the "Fund Summary" section on page 5.

The following information replaces the similar information found under the heading "Fee Table" in the "Fund Summary" section beginning on page 5.

Annual class operating expenses (paid from class assets)

	Class A	Class T	Class B	Class C
Management fee	0.58%	0.58%	0.58%	0.58%
Distribution and/or Service (12b-1) fees	0.31%^A	0.56%^A	1.00%	1.00%
Other expenses	0.49%	0.41%	0.47%	0.38%
Total annual class operating expenses^B	1.38%	1.55%	2.05%	1.96%

	Class A	Effective Date	Class T	Effective Date	Class B	Effective Date	Class C	Effective Date
Advisor Dynamic Capital Appreciation	1.50%	8/1/02	1.75%	8/1/02	2.25%	8/1/02	2.25%	8/1/02

These arrangements may be discontinued by FMR at any time.

	Total Operating Expenses
Advisor Dynamic Capital Appreciation - Class A	1.26%
Advisor Dynamic Capital Appreciation - Class T	1.43%
Advisor Dynamic Capital Appreciation - Class B	1.93%
Advisor Dynamic Capital Appreciation - Class C	1.84%

This example helps you compare the cost of investing in the fund with the cost of investing in other mutual funds.

	Class A		Class T		Class B		Class C
	Sell All Shares	Hold Shares	Sell All Shares	Hold Shares	Sell All Shares	Hold Shares	Sell All Shares	Hold Shares
1 year	$ 707	$ 707	$ 502	$ 502	$ 708	$ 208	$ 299	$ 199
3 years	$ 987	$ 987	$ 822	$ 822	$ 943	$ 643	$ 615	$ 615
5 years	$ 1,287	$ 1,287	$ 1,165	$ 1,165	$ 1,303	$ 1,103	$ 1,057	$ 1,057
10 years	$ 2,137	$ 2,137	$ 2,131	$ 2,131	$ 2,127^A	$ 2,127^A	$ 2,285	$ 2,285

^AReflects conversion to Class A shares after a maximum of seven years.

The following information replaces similar information found under the heading "Buying Shares" in the "Buying and Selling Shares" section on page 13.

ARG-02-02 September 29, 2002
1.740924.107

Phone

To Open an Account

Exchange from the same class of another Fidelity Advisor fund or from certain other Fidelity funds. Call your investment professional or call Fidelity at the appropriate number found in "General Information."

To Add to an Account

Exchange from the same class of another Fidelity Advisor fund or from certain other Fidelity funds. Call your investment professional or call Fidelity at the appropriate number found in "General Information."
Use Fidelity Advisor Money Line^SM to transfer from your bank account. Call your investment professional or call Fidelity at the appropriate number found in "General Information."

The following information replaces similar information found under the heading "Selling Shares" in the "Buying and Selling Shares" section on page 15.

Phone

Call your investment professional or call Fidelity at the appropriate number found in "General Information" to initiate a wire transaction or to request a check for your redemption.
Use Fidelity Advisor Money Line to transfer to your bank account. Call your investment professional or call Fidelity at the appropriate number found in "General Information."
Exchange to the same class of other Fidelity Advisor funds or to certain other Fidelity funds. Call your investment professional or call Fidelity at the appropriate number found in "General Information."

The following information supplements the information found under the heading "Other Features" in the "Account Features and Policies" section on page 20.

Fidelity Advisor Money Line
To transfer money between your bank account and your fund account.

You must sign up for the Fidelity Advisor Money Line feature before using it. Complete the appropriate section on the application and then call your investment professional or call Fidelity at the appropriate number found in "General Information" before your first use to verify that this feature is set up on your account.
Maximum transaction: $100,000

<R>Effective September 19, 2002, the following information replaces similar information found in the "Fund Distribution" section on page 26.</R>

<R>Effective September 19, 2002, the following information supplements the information found in the "Fund Distribution" section on page 29.</R>

<R>The Class B or Class C CDSC will not apply to the redemption of shares:</R>

<R>6. (Applicable to Class C only) From an intermediary-sponsored managed account program.</R>

The following information replaces the second through eighth paragraphs after the heading "Conversion Feature" in the "Fund Services - Fund Distribution" section beginning on page 31.

Under the plan, and subject to the overall 0.50% limit on 12b-1 (distribution) fees described above, Class A may also use a portion of the brokerage commissions paid when the fund buys or sells a portfolio security to promote the sale of its shares. These brokerage commissions result when the fund sells or purchases a security through a broker-dealer who, in turn, directs a portion of the brokerage commission earned on the transaction to promote the sale of fund shares. The plan permits the use of these brokerage commissions for distribution purposes at an annual rate of up to 0.10% of the class's average net assets, or such lesser amount as the Trustees may determine from time to time. Class A anticipates using brokerage commissions equal to 0.06% of its average net assets for distribution purposes in fiscal year 2002.

Under the plan, and subject to the overall 0.50% limit on 12b-1 (distribution) fees described above, Class T may also use a portion of the brokerage commissions paid when the fund buys or sells a portfolio security to promote the sale of its shares. These brokerage commissions result when the fund sells or purchases a security through a broker-dealer who, in turn, directs a portion of the brokerage commission earned on the transaction to promote the sale of fund shares. The plan permits the use of these brokerage commissions for distribution purposes at an annual rate of up to 0.10% of the class's average net assets, or such lesser amount as the Trustees may determine from time to time. Class T anticipates using brokerage commissions equal to 0.06% of its average net assets for distribution purposes in fiscal year 2002.

<R>Effective September 19, 2002, the following information replaces similar information found in the "Fund Distribution" section beginning on page 32.</R>

Supplement to the
Fidelity^®Advisor Asset Allocation Fund
Class A, Class T, Class B, and Class C
January 29, 2002
Prospectus

The following information replaces the similar information found under the heading "Fee Table" in the "Fund Summary" section on page 5.

The following information replaces the similar information found under the heading "Fee Table" in the "Fund Summary" section on page 6.

Annual class operating expenses (paid from class assets)

	Class A	Class T	Class B	Class C
Management fee	0.58%	0.58%	0.58%	0.58%
Distribution and/or Service (12b-1) fees	0.27%^A	0.52%^A	1.00%	1.00%
Other expenses	0.43%	0.47%	0.46%	0.44%
Total annual class operating expenses^B	1.28%	1.57%	2.04%	2.02%

	Class A	Effective Date	Class T	Effective Date	Class B	Effective Date	Class C	Effective Date
Advisor Asset Allocation	1.50%	8/1/02	1.75%	8/1/02	2.25%	8/1/02	2.25%	8/1/02

These arrangements may be discontinued by FMR at any time.

A portion of the brokerage commissions that the fund pays may be reimbursed and used to reduce the fund's expenses and/or to promote the sale of class shares. In addition, through arrangements with the fund's custodian, credits realized as a result of uninvested cash balances are used to reduce custodian expenses. Including these reductions, the total Class A, Class T, Class B, and Class C operating expenses would have been as shown in the table below.

	Total Operating Expenses
Advisor Asset Allocation - Class A	1.23%
Advisor Asset Allocation - Class T	1.52%
Advisor Asset Allocation - Class B	1.99%
Advisor Asset Allocation - Class C	1.97%

This example helps you compare the cost of investing in the fund with the cost of investing in other mutual funds.

	Class A		Class T		Class B		Class C
	Sell All Shares	Hold Shares	Sell All Shares	Hold Shares	Sell All Shares	Hold Shares	Sell All Shares	Hold Shares
1 year	$ 698	$ 698	$ 504	$ 504	$ 707	$ 207	$ 305	$ 205
3 years	$ 958	$ 958	$ 828	$ 828	$ 940	$ 640	$ 634	$ 634
5 years	$ 1,237	$ 1,237	$ 1,175	$ 1,175	$ 1,298	$ 1,098	$ 1,088	$ 1,088
10 years	$ 2,031	$ 2,031	$ 2,152	$ 2,152	$ 2,082^A	$ 2,082^A	$ 2,348	$ 2,348

^AReflects conversion to Class A shares after a maximum of seven years.

AAL-02-02 September 29, 2002
1.742446.105

The following information replaces similar information found under the heading "Buying Shares" in the "Buying and Selling Shares" section on page 15.

Phone

To Open an Account

Exchange from the same class of another Fidelity Advisor fund or from certain other Fidelity funds. Call your investment professional or call Fidelity at the appropriate number found in "General Information."

To Add to an Account

Exchange from the same class of another Fidelity Advisor fund or from certain other Fidelity funds. Call your investment professional or call Fidelity at the appropriate number found in "General Information."
Use Fidelity Advisor Money Line^SM to transfer from your bank account. Call your investment professional or call Fidelity at the appropriate number found in "General Information."

The following information replaces similar information found under the heading "Selling Shares" in the "Buying and Selling Shares" section on page 17.

Phone

Call your investment professional or call Fidelity at the appropriate number found in "General Information" to initiate a wire transaction or to request a check for your redemption.
Use Fidelity Advisor Money Line to transfer to your bank account. Call your investment professional or call Fidelity at the appropriate number found in "General Information."
Exchange to the same class of other Fidelity Advisor funds or to certain other Fidelity funds. Call your investment professional or call Fidelity at the appropriate number found in "General Information."

The following information supplements the information found under the heading "Other Features" in the "Account Features and Policies" section on page 22.

Fidelity Advisor Money Line
To transfer money between your bank account and your fund account.

You must sign up for the Fidelity Advisor Money Line feature before using it. Complete the appropriate section on the application and then call your investment professional or call Fidelity at the appropriate number found in "General Information" before your first use to verify that this feature is set up on your account.
Maximum transaction: $100,000

<R>Effective September 19, 2002, the following information replaces similar information found in the "Fund Distribution" section on page 28.</R>

<R>Effective September 19, 2002, the following information supplements the information found in the "Fund Distribution" section on page 31.</R>

<R>The Class B or Class C CDSC will not apply to the redemption of shares:</R>

<R>6. (Applicable to Class C only) From an intermediary-sponsored managed account program.</R>

The following information replaces the second through eighth paragraphs after the heading "Conversion Feature" in the "Fund Services - Fund Distribution" section beginning on page 33.

Under the plan, and subject to the overall 0.50% limit on 12b-1 (distribution) fees described above, Class A may also use a portion of the brokerage commissions paid when the fund buys or sells a portfolio security to promote the sale of its shares. These brokerage commissions result when the fund sells or purchases a security through a broker-dealer who, in turn, directs a portion of the brokerage commission earned on the transaction to promote the sale of fund shares. The plan permits the use of these brokerage commissions for distribution purposes at an annual rate of up to 0.10% of the class's average net assets, or such lesser amount as the Trustees may determine from time to time. Class A anticipates using brokerage commissions equal to 0.02% of its average net assets for distribution purposes in fiscal year 2002.

Class T has adopted a Distribution and Service Plan pursuant to Rule 12b-1 under the Investment Company Act of 1940. Under the plan, Class T is authorized to pay FDC a monthly 12b-1 (distribution) fee as compensation for providing services intended to result in the sale of Class T shares. Class T may pay this 12b-1 (distribution) fee at an annual rate of 0.50% of its average net assets, or such lesser amount as the Trustees may determine from time to time. Class T currently pays FDC a monthly 12b-1 (distribution) fee at an annual rate of 0.25% of is average net assets throughout the month. Class T's 12b-1 (distribution) fee rate may be increased only when the Trustees believe that it is in the best interests of Class T shareholders to do so.

Under the plan, and subject to the overall 0.50% limit on 12b-1 (distribution) fees described above, Class T may also use a portion of the brokerage commissions paid when the fund buys or sells a portfolio security to promote the sale of its shares. These brokerage commissions result when the fund sells or purchases a security through a broker-dealer who, in turn, directs a portion of the brokerage commission earned on the transaction to promote the sale of fund shares. The plan permits the use of these brokerage commissions for distribution purposes at an annual rate of up to 0.10% of the class's average net assets, or such lesser amount as the Trustees may determine from time to time. Class T anticipates using brokerage commissions equal to 0.02% of its average net assets for distribution purposes in fiscal year 2002.

<R>Effective September 19, 2002, the following information replaces similar information found in the "Fund Distribution" section beginning on page 34.</R>

Supplement to the
Fidelity^®Advisor Dividend Growth Fund
Class A, Class T, Class B, and Class C
January 29, 2002
Prospectus

The following information replaces the similar information found under the heading "Fee Table" in the "Fund Summary" section on page 4.

The following information replaces the similar information found under the heading "Fee Table" in the "Fund Summary" section beginning on page 5.

Annual class operating expenses (paid from class assets)

	Class A	Class T	Class B	Class C
Management fee	0.58%	0.58%	0.58%	0.58%
Distribution and/or Service (12b-1) fees	0.27%^A	0.52%^A	1.00%	1.00%
Other expenses	0.30%	0.26%	0.30%	0.26%
Total annual class operating expenses^B	1.15%	1.36%	1.88%	1.84%

ADGF-02-03 September 29, 2002
1.756194.105

	Class A	Effective Date	Class T	Effective Date	Class B	Effective Date	Class C	Effective Date
Advisor Dividend Growth	1.50%	8/1/02	1.75%	8/1/02	2.25%	8/1/02	2.25%	8/1/02

These arrangements may be discontinued by FMR at any time.

	Total Operating Expenses
Advisor Dividend Growth - Class A	1.10%
Advisor Dividend Growth - Class T	1.31%
Advisor Dividend Growth - Class B	1.83%
Advisor Dividend Growth - Class C	1.79%

This example helps you compare the cost of investing in the fund with the cost of investing in other mutual funds.

	Class A		Class T		Class B		Class C
	Sell All Shares	Hold Shares	Sell All Shares	Hold Shares	Sell All Shares	Hold Shares	Sell All Shares	Hold Shares
1 year	$ 685	$ 685	$ 484	$ 484	$ 691	$ 191	$ 287	$ 187
3 years	$ 919	$ 919	$ 766	$ 766	$ 891	$ 591	$ 579	$ 579
5 years	$ 1,172	$ 1,172	$ 1,069	$ 1,069	$ 1,216	$ 1,016	$ 995	$ 995
10 years	$ 1,892	$ 1,892	$ 1,928	$ 1,928	$ 1,921^A	$ 1,921^A	$ 2,159	$ 2,159

^AReflects conversion to Class A shares after a maximum of seven years.

The following information replaces similar information found under the heading "Buying Shares" in the "Buying and Selling Shares" section on page 13.

Phone

To Open an Account

Exchange from the same class of another Fidelity Advisor fund or from certain other Fidelity funds. Call your investment professional or call Fidelity at the appropriate number found in "General Information."

To Add to an Account

Exchange from the same class of another Fidelity Advisor fund or from certain other Fidelity funds. Call your investment professional or call Fidelity at the appropriate number found in "General Information."
Use Fidelity Advisor Money Line^SM to transfer from your bank account. Call your investment professional or call Fidelity at the appropriate number found in "General Information."

The following information replaces similar information found under the heading "Selling Shares" in the "Buying and Selling Shares" section on page 15.

Phone

Call your investment professional or call Fidelity at the appropriate number found in "General Information" to initiate a wire transaction or to request a check for your redemption.
Use Fidelity Advisor Money Line to transfer to your bank account. Call your investment professional or call Fidelity at the appropriate number found in "General Information."
Exchange to the same class of other Fidelity Advisor funds or to certain other Fidelity funds. Call your investment professional or call Fidelity at the appropriate number found in "General Information."

The following information supplements the information found under the heading "Other Features" in the "Account Features and Policies" section on page 20.

Fidelity Advisor Money Line
To transfer money between your bank account and your fund account.

You must sign up for the Fidelity Advisor Money Line feature before using it. Complete the appropriate section on the application and then call your investment professional or call Fidelity at the appropriate number found in "General Information" before your first use to verify that this feature is set up on your account.
Maximum transaction: $100,000

<R>Effective September 19, 2002, the following information replaces similar information found in the "Fund Distribution" section on page 26.</R>

<R>Effective September 19, 2002, the following information supplements the information found in the "Fund Distribution" section on page 29.</R>

<R>The Class B or Class C CDSC will not apply to the redemption of shares:</R>

<R>6. (Applicable to Class C only) From an intermediary-sponsored managed account program.</R>

The following information replaces the second through eighth paragraphs after the heading "Conversion Feature" in the "Fund Services - Fund Distribution" section beginning on page 31.

Under the plan, and subject to the overall 0.50% limit on 12b-1 (distribution) fees described above, Class A may also use a portion of the brokerage commissions paid when the fund buys or sells a portfolio security to promote the sale of its shares. These brokerage commissions result when the fund sells or purchases a security through a broker-dealer who, in turn, directs a portion of the brokerage commission earned on the transaction to promote the sale of fund shares. The plan permits the use of these brokerage commissions for distribution purposes at an annual rate of up to 0.10% of the class's average net assets, or such lesser amount as the Trustees may determine from time to time. Class A anticipates using brokerage commissions equal to 0.02% of its average net assets for distribution purposes in fiscal year 2002.

FDC may reallow up to the full amount of this 12b-1 (service) fee to intermediaries (such as banks, broker-dealers, and other service providers), including its affiliates, for providing shareholder support services.

Class T has adopted a Distribution and Service Plan pursuant to Rule 12b-1 under the Investment Company Act of 1940. Under the plan, Class T is authorized to pay FDC a monthly 12b-1 (distribution) fee as compensation for providing services intended to result in the sale of Class T shares. Class T may pay this 12b-1 (distribution) fee at an annual rate of 0.50% of its average net assets, or such lesser amount as the Trustees may determine from time to time. Class T currently pays FDC a monthly 12b-1 (distribution) fee at an annual rate of 0.25% of is average net assets throughout the month. Class T's 12b-1 (distribution) fee rate may be increased only when the Trustees believe that it is in the best interests of Class T shareholders to do so.

Under the plan, and subject to the overall 0.50% limit on 12b-1 (distribution) fees described above, Class T may also use a portion of the brokerage commissions paid when the fund buys or sells a portfolio security to promote the sale of its shares. These brokerage commissions result when the fund sells or purchases a security through a broker-dealer who, in turn, directs a portion of the brokerage commission earned on the transaction to promote the sale of fund shares. The plan permits the use of these brokerage commissions for distribution purposes at an annual rate of up to 0.10% of the class's average net assets, or such lesser amount as the Trustees may determine from time to time. Class T anticipates using brokerage commissions equal to 0.02% of its average net assets for distribution purposes in fiscal year 2002.

<R>In addition, pursuant to a Class T plan, Class T of each fund pays FDC a monthly 12b-1 (service) fee at an annual rate of 0.25% of Class T's average net assets throughout the month for providing shareholder support services.</R>

<R>FDC may reallow up to the full amount of this 12b-1 (service) fee to intermediaries (such as banks, broker-dealers, and other service-providers), including its affiliates, for providing shareholder support services.</R>

<R>Effective September 19, 2002, the following information replaces similar information found in the "Fund Distribution" section beginning on page 32.</R>

Supplement to the
Fidelity^®Advisor
Mid Cap Fund
Class A, Class T, Class B, and Class C
January 29, 2002
Prospectus

The following information replaces the similar information found under the heading "Fee Table" in the "Fund Summary" section on page 5.

The following table describes the fees and expenses that are incurred when you buy, hold, or sell Class A, Class T, Class B, and Class C shares of the fund. The annual class oper-ating expenses provided below for Class A and Class T are based on historical expenses, adjusted to reflect current fees. The annual class operating expenses provided below for each class do not reflect the effect of any reduction of certain expenses during the period.

The following information replaces the similar information found under the heading "Fee Table" in the "Fund Summary" section beginning on page 5.

Annual class operating expenses (paid from class assets)

	Class A	Class T	Class B	Class C
Management fee	0.58%	0.58%	0.58%	0.58%
Distribution and/or Service (12b-1) fees	0.33%^A	0.58%^A	1.00%	1.00%
Other expenses	0.33%	0.28%	0.35%	0.32%
Total annual class operating expenses^B	1.24%	1.44%	1.93%	1.90%

	Class A	Effective Date	Class T	Effective Date	Class B	Effective Date	Class C	Effective Date
Advisor Mid Cap	1.30%	2 /27/99	1.55%	2/27/99	2.05%	2/27/99	2.05%	2/27/99

These arrangements may be discontinued by FMR at any time.

A portion of the brokerage commissions that the fund pays may be reimbursed and used to reduce the fund's expenses and/or to promote the sale of class shares. In addition, through arrangements with the fund's transfer agent, credits realized as a result of uninvested cash balances are used to reduce transfer agent expenses. Including these reductions, the total Class A, Class T, Class B, and Class C operating expenses would have been as shown in the table below.

	Total Operating Expenses
Advisor Mid Cap - Class A	1.07%
Advisor Mid Cap - Class T	1.28%
Advisor Mid Cap - Class B	1.77%
Advisor Mid Cap - Class C	1.73%

This example helps you compare the cost of investing in the fund with the cost of investing in other mutual funds.

	Class A		Class T		Class B		Class C
	Sell All Shares	Hold Shares	Sell All Shares	Hold Shares	Sell All Shares	Hold Shares	Sell All Shares	Hold Shares
1 year	$ 694	$ 694	$ 491	$ 491	$ 696	$ 196	$ 293	$ 193
3 years	$ 946	$ 946	$ 790	$ 790	$ 906	$ 606	$ 597	$ 597
5 years	$ 1217	$ 1217	$ 1109	$ 1109	$ 1242	$ 1042	$ 1026	$ 1026
10 years	$ 1989	$ 1989	$ 2014	$ 2014	$ 1991^A	$ 1991^A	$ 2222	$ 2222

^AReflects conversion to Class A shares after a maximum of seven years.

The following information replaces the similar information found under the heading "Buying Shares" in the "Buying and Selling Shares" section on page 13.

MC-02-02 September 29, 2002
1.756202.106

Phone

To Open an Account

Exchange from the same class of another Fidelity Advisor fund or from certain other Fidelity funds. Call your investment professional or call Fidelity at the appropriate number found in "General Information."

To Add to an Account

Exchange from the same class of another Fidelity Advisor fund or from certain other Fidelity funds. Call your investment professional or call Fidelity at the appropriate number found in "General Information."
Use Fidelity Advisor Money Line^SM to transfer from your bank account. Call your investment professional or call Fidelity at the appropriate number found in "General Information."

The following information replaces the similar information found under the heading "Selling Shares" in the "Buying and Selling Shares" section on page 15.

Phone

Call your investment professional or call Fidelity at the appropriate number found in "General Information" to initiate a wire transaction or to request a check for your redemption.
Use Fidelity Advisor Money Line to transfer to your bank account. Call your investment professional or call Fidelity at the appropriate number found in "General Information."
Exchange to the same class of other Fidelity Advisor funds or to certain other Fidelity funds. Call your investment professional or call Fidelity at the appropriate number found in "General Information."

The following information supplements the information found under the heading "Other Features" in the "Account Features and Policies" section on page 20.

Fidelity Advisor Money Line
To transfer money between your bank account and your fund account.

You must sign up for the Fidelity Advisor Money Line feature before using it. Complete the appropriate section on the application and then call your investment professional or call Fidelity at the appropriate number found in "General Information" before your first use to verify that this feature is set up on your account.
Maximum transaction: $100,000

<R>Effective September 19, 2002, the following information replaces similar information found in the "Fund Distribution" section on page 26.</R>

<R>Effective September 19, 2002, the following information supplements the information found in the "Fund Distribution" section on page 29.</R>

<R>The Class B or Class C CDSC will not apply to the redemption of shares:</R>

<R></R>6. (Applicable to Class C only) From an intermediary-sponsored managed account program.

The following information replaces the second through eighth paragraphs after the heading "Conversion Feature" in the "Fund Services - Fund Distribution" section beginning on page 31.

Under the plan, and subject to the overall 0.50% limit on 12b-1 (distribution) fees described above, Class A may also use a portion of the brokerage commissions paid when the fund buys or sells a portfolio security to promote the sale of its shares. These brokerage commissions result when the fund sells or purchases a security through a broker-dealer who, in turn, directs a portion of the brokerage commission earned on the transaction to promote the sale of fund shares. The plan permits the use of these brokerage commissions for distribution purposes at an annual rate of up to 0.10% of the class's average net assets, or such lesser amount as the Trustees may determine from time to time. Class A anticipates using brokerage commissions equal to 0.08% of its average net assets for distribution purposes in fiscal year 2002.

Class T has adopted a Distribution and Service Plan pursuant to Rule 12b-1 under the Investment Company Act of 1940. Under the plan, Class T is authorized to pay FDC a monthly 12b-1 (distribution) fee as compensation for providing services intended to result in the sale of Class T shares. Class T may pay this 12b-1 (distribution) fee at an annual rate of 0.50% of its average net assets, or such lesser amount as the Trustees may determine from time to time. Class T currently pays FDC a monthly 12b-1 (distribution) fee at an annual rate of 0.25% of is average net assets throughout the month. Class T's 12b-1 (distribution) fee rate may be increased only when the Trustees believe that it is in the best interests of Class T shareholders to do so.

Under the plan, and subject to the overall 0.50% limit on 12b-1 (distribution) fees described above, Class T may also use a portion of the brokerage commissions paid when the fund buys or sells a portfolio security to promote the sale of its shares. These brokerage commissions result when the fund sells or purchases a security through a broker-dealer who, in turn, directs a portion of the brokerage commission earned on the transaction to promote the sale of fund shares. The plan permits the use of these brokerage commissions for distribution purposes at an annual rate of up to 0.10% of the class's average net assets, or such lesser amount as the Trustees may determine from time to time. Class T anticipates using brokerage commissions equal to 0.08% of its average net assets for distribution purposes in fiscal year 2002.

<R>Effective September 19, 2002, the following information replaces similar information found in the "Fund Distribution" section on page 33.</R>

Supplement to the
Fidelity^®Advisor
Equity Income Fund
Class A, Class T, Class B, and Class C
January 29, 2002
Prospectus
As revised April 11, 2002

The following information replaces the similar information found under the heading "Fee Table" in the "Fund Summary" section on page 5.

The following information replaces the similar information found under the heading "Fee Table" in the "Fund Summary" section beginning on page 5.

Annual class operating expenses (paid from class assets)

	Class A	Class T	Class B	Class C
Management fee	0.48%	0.48%	0.48%	0.48%
Distribution and/or Service (12b-1) fees	0.26%^A	0.51%^A	1.00%	1.00%
Other expenses	0.25%	0.24%	0.29%	0.26%
Total annual class operating expenses^B	0.99%	1.23%	1.77%	1.74%

	Class A	Effective Date	Class T	Effective Date	Class B	Effective Date	Class C	Effective Date
Advisor Equity Income	1.10%	1/1/99	1.35%	1/1/99	1.85%	1/1/99	1.85%	1/1/99

These arrangements may be discontinued by FMR at any time.

	Total Operating Expenses
Advisor Equity Income - Class A	0.95%
Advisor Equity Income - Class T	1.19%
Advisor Equity Income - Class B	1.72%
Advisor Equity Income - Class C	1.70%

This example helps you compare the cost of investing in the fund with the cost of investing in other mutual funds.

	Class A		Class T		Class B		Class C
	Sell All Shares	Hold Shares	Sell All Shares	Hold Shares	Sell All Shares	Hold Shares	Sell All Shares	Hold Shares
1 year	$ 670	$ 670	$ 471	$ 471	$ 680	$ 180	$ 277	$ 177
3 years	$ 872	$ 872	$ 727	$ 727	$ 857	$ 557	$ 548	$ 548
5 years	$ 1,091	$ 1,091	$ 1,002	$ 1,002	$ 1,159	$ 959	$ 944	$ 944
10 years	$ 1,718	$ 1,718	$ 1,787	$ 1,787	$ 1,782^A	$ 1,782^A	$ 2,052	$ 2,052

^AReflects conversion to Class A shares after a maximum of seven years.

<R>EPI-02-02 September 29, 2002
1.756211.104</R>

The following information replaces similar information found under the heading "Buying Shares" in the "Buying and Selling Shares" section on page 12.

Phone

To Open an Account

Exchange from the same class of another Fidelity Advisor fund or from certain other Fidelity funds. Call your investment professional or call Fidelity at the appropriate number found in "General Information."

To Add to an Account

Exchange from the same class of another Fidelity Advisor fund or from certain other Fidelity funds. Call your investment professional or call Fidelity at the appropriate number found in "General Information."
Use Fidelity Advisor Money Line^SM to transfer from your bank account. Call your investment professional or call Fidelity at the appropriate number found in "General Information."

The following information replaces similar information found under the heading "Selling Shares" in the "Buying and Selling Shares" section on page 15.

Phone

Call your investment professional or call Fidelity at the appropriate number found in "General Information" to initiate a wire transaction or to request a check for your redemption.
Use Fidelity Advisor Money Line to transfer to your bank account. Call your investment professional or call Fidelity at the appropriate number found in "General Information."
Exchange to the same class of other Fidelity Advisor funds or to certain other Fidelity funds. Call your investment professional or call Fidelity at the appropriate number found in "General Information."

The following information supplements the information found under the heading "Other Features" in the "Account Features and Policies" section on page 20.

Fidelity Advisor Money Line
To transfer money between your bank account and your fund account.

You must sign up for the Fidelity Advisor Money Line feature before using it. Complete the appropriate section on the application and then call your investment professional or call Fidelity at the appropriate number found in "General Information" before your first use to verify that this feature is set up on your account.
Maximum transaction: $100,000

<R>Effective September 19, 2002, the following information replaces similar information found in the "Fund Distribution" section on page 26.</R>

<R>Effective September 19, 2002, the following information supplements the information found in the "Fund Distribution" section on page 29.</R>

<R>The Class B or Class C CDSC will not apply to the redemption of shares:</R>

<R>6. (Applicable to Class C only) From an intermediary-sponsored managed account program.</R>

The following information replaces the second through eighth paragraphs after the heading "Conversion Feature" in the "Fund Services - Fund Distribution" section beginning on page 31.

Under the plan, and subject to the overall 0<R>.50</R>% limit on 12b-1 (distribution) fees described above, Class T may also use a portion of the brokerage commissions paid when the fund buys or sells a portfolio security to promote the sale of its shares. These brokerage commissions result when the fund sells or purchases a security through a broker-dealer who, in turn, directs a portion of the brokerage commission earned on the transaction to promote the sale of fund shares. The plan permits the use of these brokerage commissions for distribution purposes at an annual rate of up to 0.10% of the class's average net assets, or such lesser amount as the Trustees may determine from time to time. Class T anticipates using brokerage commissions equal to 0.01% of its average net assets for distribution purposes in fiscal year 2002.

<R>Effective September 19, 2002, the following information replaces similar information found in the "Fund Distribution" section beginning on page 32.</R>

Supplement to the
Fidelity^® Advisor Equity Value Fund
Class A, Class T, Class B, and Class C
January 29, 2002
Prospectus

The following information replaces similar information found under the heading "Fee Table" in the "Fund Summary" section on page 3.

The following information replaces the similar information found under the heading "Fee Table" in the "Fund Summary" section beginning on page 4.

Annual class operating expenses (paid from class assets)

	Class A	Class T	Class B	Class C
Management fee	0.58%	0.58%	0.58%	0.58%
Distribution and/or Service (12b-1) fees	0.28%^A	0.53%^A	1.00%	1.00%
Other expenses	3.00%	2.98%	3.09%	2.97%
Total annual class operating expenses^B	3.86%	4.09%	4.67%	4.55%

	Class A	Effective Date	Class T	Effective Date	Class B	Effective Date	Class C	Effective Date
Advisor Equity Value	1.50%	8/1/02	1.75%	8/1/02	2.25%	8/1/02	2.25%	8/1/02

These arrangements may be discontinued by FMR at any time.

A portion of the brokerage commissions that the fund pays may be reimbursed and used to reduce the fund's expenses and/or to promote the sale of class shares. Including this reduction, the total Class A, Class T, Class B, and Class C operating expenses would have been as shown in the table below.

	Total Operating Expenses^A
Advisor Equity Value - Class A	1.46%
Advisor Equity Value - Class T	1.72%
Advisor Equity Value - Class B	2.19%
Advisor Equity Value - Class C	2.18%

^AAfter reimbursement.

This example helps you compare the cost of investing in the fund with the cost of investing in other mutual funds.

	Class A		Class T		Class B		Class C
	Sell All Shares	Hold Shares	Sell All Shares	Hold Shares	Sell All Shares	Hold Shares	Sell All Shares	Hold Shares
1 year	$ 941	$ 941	$ 746	$ 746	$ 968	$ 468	$ 556	$ 456
3 years	$ 1,685	$ 1,685	$ 1,550	$ 1,550	$ 1,708	$ 1,408	$ 1,374	$ 1,374
5 years	$ 2,447	$ 2,447	$ 2,369	$ 2,369	$ 2,554	$ 2,354	$ 2,301	$ 2,301
10 years	$ 4,427	$ 4,427	$ 4,481	$ 4,481	$ 4,512^A	$ 4,512^A	$ 4,654	$ 4,654

^AReflects conversion to Class A shares after a maximum of seven years.

AEV-02-02 September 29, 2002
1.760401.103

The following information replaces the similar information found under the heading "Buying Shares" in the "Buying and Selling Shares" section on page 12.

Phone

To Open an Account

Exchange from the same class of another Fidelity Advisor fund or from certain other Fidelity funds. Call your investment professional or call Fidelity at the appropriate number found in "General Information."

To Add to an Account

Exchange from the same class of another Fidelity Advisor fund or from certain other Fidelity funds. Call your investment professional or call Fidelity at the appropriate number found in "General Information."
Use Fidelity Advisor Money Line^SM to transfer from your bank account. Call your investment professional or call Fidelity at the appropriate number found in "General Information."

The following information replaces the similar information found under the heading "Selling Shares" in the "Buying and Selling Shares" section on page 14.

Phone

Call your investment professional or call Fidelity at the appropriate number found in "General Information" to initiate a wire transaction or to request a check for your redemption.
Use Fidelity Advisor Money Line to transfer to your bank account. Call your investment professional or call Fidelity at the appropriate number found in "General Information."
Exchange to the same class of other Fidelity Advisor funds or to certain other Fidelity funds. Call your investment professional or call Fidelity at the appropriate number found in "General Information."

The following information supplements the information found under the heading "Other Features" in the "Account Features and Policies" section on page 19.

Fidelity Advisor Money Line
To transfer money between your bank account and your fund account.

You must sign up for the Fidelity Advisor Money Line feature before using it. Complete the appropriate section on the application and then call your investment professional or call Fidelity at the appropriate number found in "General Information" before your first use to verify that this feature is set up on your account.
Maximum transaction: $100,000

<R>Effective September 19, 2002, the following information replaces similar information found in the "Fund Distribution" section on page 25.</R>

<R>Effective September 19, 2002, the following information supplements the information found in the "Fund Distribution" section on page 28.</R>

<R>The Class B or Class C CDSC will not apply to the redemption of shares:</R>

<R></R>6. (Applicable to Class C only) From an intermediary-sponsored managed account program.

The following information replaces the second through eighth paragraphs after the heading "Conversion Feature" in the "Fund Services - Fund Distribution" section beginning on page 30.

Under the plan, and subject to the overall 0.50% limit on 12b-1 (distribution) fees described above, Class A may also use a portion of the brokerage commissions paid when the fund buys or sells a portfolio security to promote the sale of its shares. These brokerage commissions result when the fund sells or purchases a security through a broker-dealer who, in turn, directs a portion of the brokerage commission earned on the transaction to promote the sale of fund shares. The plan permits the use of these brokerage commissions for distribution purposes at an annual rate of up to 0.10% of the class's average net assets, or such lesser amount as the Trustees may determine from time to time. Class A anticipates using brokerage commissions equal to 0.03% of its average net assets for distribution purposes in fiscal year 2002.

Class T has adopted a Distribution and Service Plan pursuant to Rule 12b-1 under the Investment Company Act of 1940. Under the plan, Class T is authorized to pay FDC a monthly 12b-1 (distribution) fee as compensation for providing services intended to result in the sale of Class T shares. Class T may pay this 12b-1 (distribution) fee at an annual rate of 0.50% of its average net assets, or such lesser amount as the Trustees may determine from time to time. Class T currently pays FDC a monthly 12b-1 (distribution) fee at an annual rate of 0.25% of is average net assets throughout the month. Class T's 12b-1 (distribution) fee rate may be increased only when the Trustees believe that it is in the best interests of Class T shareholders to do so.

Under the plan, and subject to the overall 0.50% limit on 12b-1 (distribution) fees described above, Class T may also use a portion of the brokerage commissions paid when the fund buys or sells a portfolio security to promote the sale of its shares. These brokerage commissions result when the fund sells or purchases a security through a broker-dealer who, in turn, directs a portion of the brokerage commission earned on the transaction to promote the sale of fund shares. The plan permits the use of these brokerage commissions for distribution purposes at an annual rate of up to 0.10% of the class's average net assets, or such lesser amount as the Trustees may determine from time to time. Class T anticipates using brokerage commissions equal to 0.03% of its average net assets for distribution purposes in fiscal year 2002.

<R>Effective September 19, 2002, the following information replaces similar information found in the "Fund Distribution" section beginning on page 31.</R>

Supplement to the
Fidelity^® Advisor Balanced Fund
Class A, Class T, Class B, and Class C
January 29, 2002
Prospectus

The following information replaces the similar information found under the heading "Fee Table" in the "Fund Summary" section on page 6.

The following information replaces the similar information found under the heading "Fee Table" in the "Fund Summary" section beginning on page 6.

Annual class operating expenses (paid from class assets)

	Class A	Class T	Class B	Class C
Management fee	0.43%	0.43%	0.43%	0.43%
Distribution and/or Service (12b-1) fees	0.26%^A	0.51%^A	1.00%	1.00%
Other expenses	0.26%	0.27%	0.32%	0.29%
Total annual class operating expenses^B	0.95%	1.21%	1.75%	1.72%

	Class A	Effective Date	Class T	Effective Date	Class B	Effective Date	Class C	Effective Date
Advisor Balanced	1.05%	1/1/99	1.30%	1/1/99	1.80%	1/1/99	1.80%	1/1/99

These arrangements may be discontinued by FMR at any time.

	Total Operating Expenses
Advisor Balanced - Class A	0.93%
Advisor Balanced - Class T	1.19%
Advisor Balanced - Class B	1.73%
Advisor Balanced - Class C	1.70%

This example helps you compare the cost of investing in the fund with the cost of investing in other mutual funds.

	Class A		Class T		Class B		Class C
	Sell All Shares	Hold Shares	Sell All Shares	Hold Shares	Sell All Shares	Hold Shares	Sell All Shares	Hold Shares
1 year	$ 666	$ 666	$ 469	$ 469	$ 678	$ 178	$ 275	$ 175
3 years	$ 860	$ 860	$ 721	$ 721	$ 851	$ 551	$ 542	$ 542
5 years	$ 1,070	$ 1,070	$ 992	$ 992	$ 1,149	$ 949	$ 933	$ 933
10 years	$ 1,674	$ 1,674	$ 1,765	$ 1,765	$ 1,752^A	$ 1,752^A	$ 2,030	$ 2,030

^AReflects conversion to Class A shares after a maximum of seven years.

The following information replaces the similar information found under the heading "Buying Shares" in the "Buying and Selling Shares" section on page 14.

AIG-02-0<R>3</R> <R>September 29</R>, 2002
1.744347.107

Phone

To Open an Account

Exchange from the same class of another Fidelity Advisor fund or from certain other Fidelity funds. Call your investment professional or call Fidelity at the appropriate number found in "General Information."

To Add to an Account

Exchange from the same class of another Fidelity Advisor fund or from certain other Fidelity funds. Call your investment professional or call Fidelity at the appropriate number found in "General Information."
Use Fidelity Advisor Money Line^SM to transfer from your bank account. Call your investment professional or call Fidelity at the appropriate number found in "General Information."

The following information replaces the similar information found under the heading "Selling Shares" in the "Buying and Selling Shares" section on page 16.

Phone

Call your investment professional or call Fidelity at the appropriate number found in "General Information" to initiate a wire transaction or to request a check for your redemption.
Use Fidelity Advisor Money Line to transfer to your bank account. Call your investment professional or call Fidelity at the appropriate number found in "General Information."
Exchange to the same class of other Fidelity Advisor funds or to certain other Fidelity funds. Call your investment professional or call Fidelity at the appropriate number found in "General Information."

The following information supplements the information found under the heading "Other Features" in the "Account Features and Policies" section on page 21.

Fidelity Advisor Money Line
To transfer money between your bank account and your fund account.

You must sign up for the Fidelity Advisor Money Line feature before using it. Complete the appropriate section on the application and then call your investment professional or call Fidelity at the appropriate number found in "General Information" before your first use to verify that this feature is set up on your account.
Maximum transaction: $100,000

The following information replaces the biographical information for John Avery under the heading "Fund Management" in the "Fund Services" section on page 24.

Louis Salemy is vice president and lead manager of Advisor Balanced, which he has managed since February 2002. He also manages other Fidelity funds. Since joining Fidelity in 1992, Mr. Salemy has worked as a research analyst and manager.

<R>Effective September 19, 2002, the following information replaces similar information found in the "Fund Distribution" section on page 27.</R>

<R>Effective September 19, 2002, the following information supplements the information found in the "Fund Distribution" section beginning on page 30.</R>

<R>The Class B or Class C CDSC will not apply to the redemption of shares:</R>

<R></R>6. (Applicable to Class C only) From an intermediary-sponsored managed account program.

The following information replaces the second through eighth paragraphs after the heading "Conversion Feature" in the "Fund Services - Fund Distribution" section beginning on page 32.

Class T has adopted a Distribution and Service Plan pursuant to Rule 12b-1 under the Investment Company Act of 1940. Under the plan, Class T is authorized to pay FDC a monthly 12b-1 (distribution) fee as compensation for providing services intended to result in the sale of Class T shares. Class T may pay this 12b-1 (distribution) fee at an annual rate of 0.40% of its average net assets, or such lesser amount as the Trustees may determine from time to time. Class T currently pays FDC a monthly 12b-1 (distribution) fee at an annual rate of 0.25% of is average net assets throughout the month. Class T's 12b-1 (distribution) fee rate may be increased only when the Trustees believe that it is in the best interests of Class T shareholders to do so.

Under the plan, and subject to the overall 0.40% limit on 12b-1 (distribution) fees described above, Class T may also use a portion of the brokerage commissions paid when the fund buys or sells a portfolio security to promote the sale of its shares. These brokerage commissions result when the fund sells or purchases a security through a broker-dealer who, in turn, directs a portion of the brokerage commission earned on the transaction to promote the sale of fund shares. The plan permits the use of these brokerage commissions for distribution purposes at an annual rate of up to 0.10% of the class's average net assets, or such lesser amount as the Trustees may determine from time to time. Class T anticipates using brokerage commissions equal to 0.01% of its average net assets for distribution purposes in fiscal year 2002.

<R>Effective September 19, 2002, the following information replaces similar information found in the "Fund Distribution" section on page 34.</R>

Supplement to the
Fidelity^® Advisor Fifty Fund
Class A, Class T, Class B, and Class C
January 29, 2002
Prospectus

The following information replaces the similar information found under the heading "Fee Table" in the "Fund Summary" section on page 5.

Annual class operating expenses (paid from class assets)

	Class A	Class T	Class B	Class C
Management fee	0.58%	0.58%	0.58%	0.58%
Distribution and/or Service (12b-1) fees	0.30%^A	0.55%^A	1.00%	1.00%
Other expenses	0.95%	1.02%	0.98%	0.93%
Total annual class operating expenses^B	1.83%	2.15%	2.56%	2.51%

	Class A	Effective Date	Class T	Effective Date	Class B	Effective Date	Class C	Effective Date
Advisor Fifty	1.50%	8/1/02	1.75%	8/1/02	2.25%	8/1/02	2.25%	8/1/02

These arrangements may be discontinued by FMR at any time.

AFIF-02-03 September 29, 2002
1.749940.106

	Total Operating Expenses
Advisor Fifty - Class A	1.49%^A
Advisor Fifty - Class T	1.74%^A
Advisor Fifty - Class B	2.19%^A
Advisor Fifty - Class C	2.19%^A

^AAfter reimbursement.

This example helps you compare the cost of investing in the fund with the cost of investing in other mutual funds.

	Class A		Class T		Class B		Class C
	Sell All Shares	Hold Shares	Sell All Shares	Hold Shares	Sell All Shares	Hold Shares	Sell All Shares	Hold Shares
1 year	$ 750	$ 750	$ 560	$ 560	$ 759	$ 259	$ 354	$ 254
3 years	$ 1,177	$ 1,177	$ 999	$ 999	$ 1,096	$ 796	$ 782	$ 782
5 years	$ 1,508	$ 1,508	$ 1,464	$ 1,464	$ 1,560	$ 1,360	$ 1,335	$ 1,335
10 years	$ 2,599	$ 2,599	$ 2,746	$ 2,746	$ 2,634^A	$ 2,634^A	$ 2,846	$ 2,846

^AReflects conversion to Class A shares after a maximum of seven years.

The following information replaces similar information found under the heading "Buying Shares" in the "Buying and Selling Shares" section on page 13.

Phone

To Open an Account

Exchange from the same class of another Fidelity Advisor fund or from certain other Fidelity funds. Call your investment professional or call Fidelity at the appropriate number found in "General Information."

To Add to an Account

Exchange from the same class of another Fidelity Advisor fund or from certain other Fidelity funds. Call your investment professional or call Fidelity at the appropriate number found in "General Information."
Use Fidelity Advisor Money Line^SM to transfer from your bank account. Call your investment professional or call Fidelity at the appropriate number found in "General Information."

The following information replaces similar information found under the heading "Selling Shares" in the "Buying and Selling Shares" section on page 15.

Phone

Call your investment professional or call Fidelity at the appropriate number found in "General Information" to initiate a wire transaction or to request a check for your redemption.
Use Fidelity Advisor Money Line to transfer to your bank account. Call your investment professional or call Fidelity at the appropriate number found in "General Information."
Exchange to the same class of other Fidelity Advisor funds or to certain other Fidelity funds. Call your investment professional or call Fidelity at the appropriate number found in "General Information."

The following information supplements the information found under the heading "Other Features" in the "Account Features and Policies" section on page 20.

Fidelity Advisor Money Line
To transfer money between your bank account and your fund account.

You must sign up for the Fidelity Advisor Money Line feature before using it. Complete the appropriate section on the application and then call your investment professional or call Fidelity at the appropriate number found in "General Information" before your first use to verify that this feature is set up on your account.
Maximum transaction: $100,000

The following information replaces similar information found under the heading "Fund Management" in the "Fund Services" section beginning on page 23.

J. Fergus Shiel is vice president and manager of Advisor Fifty Fund, which he has managed since June 2002. He also manages other Fidelity funds. Since joining Fidelity in 1989, Mr. Shiel has worked as a research analyst and manager.

<R>Effective September 19, 2002, the following information replaces similar information found in the "Fund Distribution" section on page 26.</R>

<R>Effective September 19, 2002, the following information supplements the information found in the "Fund Distribution" section on page 29.</R>

<R>The Class B or Class C CDSC will not apply to the redemption of shares:</R>

<R></R>6. (Applicable to Class C only) From an intermediary-sponsored managed account program.

The following information replaces the second through eighth paragraphs after the heading "Conversion Feature" in the "Fund Services - Fund Distribution" section beginning on page 31.

Under the plan, and subject to the overall 0.50% limit on 12b-1 (distribution) fees described above, Class A may also use a portion of the brokerage commissions paid when the fund buys or sells a portfolio security to promote the sale of its shares. These brokerage commissions result when the fund sells or purchases a security through a broker-dealer who, in turn, directs a portion of the brokerage commission earned on the transaction to promote the sale of fund shares. The plan permits the use of these brokerage commissions for distribution purposes at an annual rate of up to 0.10% of the class's average net assets, or such lesser amount as the Trustees may determine from time to time. Class A anticipates using brokerage commissions equal to 0.05% of its average net assets for distribution purposes in fiscal year 2002.

Class T has adopted a Distribution and Service Plan pursuant to Rule 12b-1 under the Investment Company Act of 1940. Under the plan, Class T is authorized to pay FDC a monthly 12b-1 (distribution) fee as compensation for providing services intended to result in the sale of Class T shares. Class T may pay this 12b-1 (distribution) fee at an annual rate of 0.50% of its average net assets, or such lesser amount as the Trustees may determine from time to time. Class T currently pays FDC a monthly 12b-1 (distribution) fee at an annual rate of 0.25% of is average net assets throughout the month. Class T's 12b-1 (distribution) fee rate may be increased only when the Trustees believe that it is in the best interests of Class T shareholders to do so.

Under the plan, and subject to the overall 0.50% limit on 12b-1 (distribution) fees described above, Class T may also use a portion of the brokerage commissions paid when the fund buys or sells a portfolio security to promote the sale of its shares. These brokerage commissions result when the fund sells or purchases a security through a broker-dealer who, in turn, directs a portion of the brokerage commission earned on the transaction to promote the sale of fund shares. The plan permits the use of these brokerage commissions for distribution purposes at an annual rate of up to 0.10% of the class's average net assets, or such lesser amount as the Trustees may determine from time to time. Class T anticipates using brokerage commissions equal to 0.05% of its average net assets for distribution purposes in fiscal year 2002.

<R>Effective September 19, 2002, the following information replaces similar information found in the "Fund Distribution" section beginning on page 32.</R>

Supplement to the Fidelity^® Advisor Equity Growth Fund
Class A, Class T,
Class B, and Class C
January 29, 2002 Prospectus

The following information replaces the similar information found under the heading "Fee Table" in the "Fund Summary" section on page 5.

Annual class operating expenses (paid from class assets)

	Class A	Class T	Class B	Class C
Management fee	0.58%	0.58%	0.58%	0.58%
Distribution and/or Service (12b-1) fees	0.28%^A	0.53%^A	1.00%	1.00%
Other expenses	0.29%	0.21%	0.32%	0.26%
Total annual class operating expenses^B	1.15%	1.32%	1.90%	1.84%

	Class A	Effective Date	Class T	Effective Date	Class B	Effective Date	Class C	Effective Date
Advisor Equity Growth	1.20%	1/1/99	1.45%	1/1/99	1.95%	1/1/99	1.95%	1/1/99

These arrangements may be discontinued by FMR at any time.

	Total Operating Expenses
Advisor Equity Growth - Class A	1.09%
Advisor Equity Growth - Class T	1.26%
Advisor Equity Growth - Class B	1.84%
Advisor Equity Growth - Class C	1.78%

This example helps you compare the cost of investing in the fund with the cost of investing in other mutual funds.

	Class A		Class T		Class B		Class C
	Sell All Shares	Hold Shares	Sell All Shares	Hold Shares	Sell All Shares	Hold Shares	Sell All Shares	Hold Shares
1 year	$ 685	$ 685	$ 480	$ 480	$ 693	$ 193	$ 287	$ 187
3 years	$ 919	$ 919	$ 754	$ 754	$ 897	$ 597	$ 579	$ 579
5 years	$ 1,172	$ 1,172	$ 1,048	$ 1,048	$ 1,226	$ 1,026	$ 995	$ 995
10 years	$ 1,892	$ 1,892	$ 1,885	$ 1,885	$ 1,935^A	$ 1,935^A	$ 2,159	$ 2,159

^AReflects conversion to Class A shares after a maximum of seven years.

The following information replaces similar information found under the heading "Buying Shares" in the "Buying and Selling Shares" section on page 13.

<R>EPG-02-02 September 29, 2002
1.756213.104</R>

<R>Phone

To Open an Account</R>

Exchange from the same class of another Fidelity Advisor fund or from certain other Fidelity funds. Call your investment professional or call Fidelity at the appropriate number found in "General Information."

To Add to an Account

Exchange from the same class of another Fidelity Advisor fund or from certain other Fidelity funds. Call your investment professional or call Fidelity at the appropriate number found in "General Information."
Use Fidelity Advisor Money Line^SM to transfer from your bank account. Call your investment professional or call Fidelity at the appropriate number found in "General Information."

The following information replaces similar information found under the heading "Selling Shares" in the "Buying and Selling Shares" section on page 15.

Phone

Call your investment professional or call Fidelity at the appropriate number found in "General Information" to initiate a wire transaction or to request a check for your redemption.
Use Fidelity Advisor Money Line to transfer to your bank account. Call your investment professional or call Fidelity at the appropriate number found in "General Information."
Exchange to the same class of other Fidelity Advisor funds or to certain other Fidelity funds. Call your investment professional or call Fidelity at the appropriate number found in "General Information."

The following information supplements the information found under the heading "Other Features" in the "Account Features and Policies" section on page 20.

Fidelity Advisor Money Line
To transfer money between your bank account and your fund account.

You must sign up for the Fidelity Advisor Money Line feature before using it. Complete the appropriate section on the application and then call your investment professional or call Fidelity at the appropriate number found in "General Information" before your first use to verify that this feature is set up on your account.
Maximum transaction: $100,000