Liquidation: FIDELITY SECURITIES FUND

Form Type: 485BPOS

Filing Date: 2025-02-14

Corporate Action: Liquidation

Type: Update

Accession Number: 000113322825001098

Filing Summary: On February 14, 2025, Fidelity Securities Fund filed a Registration Statement under the Securities Act of 1933 (Form N-14) with the SEC, indicating plans for a Special Meeting of Shareholders on April 16, 2025. The meeting agenda includes proposals for the liquidation of Fidelity Advisor Dividend Growth Fund, Fidelity Advisor Equity Value Fund, and Fidelity Advisor Value Leaders Fund through a Reorganization process. The proposed Reorganizations will transfer assets from each targeted fund (Dividend Growth Fund, Equity Value Fund, Value Leaders Fund) to their respective acquiring funds (Fidelity Dividend Growth Fund, Fidelity Value Discovery Fund, and Fidelity Blue Chip Value Fund) in exchange for shares of beneficial interest in the acquiring funds. Approval of these Reorganizations by the shareholders is critical, as it allows for seamless transitions while optimizing investment strategies and reducing expenses. Each Reorganization is expected to be tax-free for federal income tax purposes. The Board of Trustees has reviewed and approved the proposals, recommending that shareholders vote in favor. The record date for shareholders entitled to vote is February 19, 2025, and the Reorganizations are scheduled to finalize by June 6, 2025.

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Form Type: N-14

Filing Date: 2025-01-07

Corporate Action: Liquidation

Type: New

Accession Number: 000113322825000221

Filing Summary: This filing contains a registration statement under the Securities Act of 1933 for Fidelity Securities Fund which outlines a Special Meeting of Shareholders scheduled for April 16, 2025. The main objective is to approve a series of Agreements and Plans of Reorganization where the assets of three Fidelity Advisor funds will be liquidated: Fidelity Advisor Dividend Growth Fund will transfer all assets to Fidelity Dividend Growth Fund; Fidelity Advisor Equity Value Fund will transfer assets to Fidelity Value Discovery Fund; and Fidelity Advisor Value Leaders Fund will transfer assets to Fidelity Blue Chip Value Fund. Each transfer involves the acquiring funds assuming the liabilities of the respective funds in complete liquidation. The expected benefits include lower expenses for shareholders and no taxable events for federal income tax purposes. The meeting will be virtual, and voting instructions are provided for shareholder participation. The record date for voting eligibility is February 19, 2025.

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