M&A - FIDELITY SECURITIES FUND

Form Type: DEFA14A

Filing Date: 2025-06-26

Corporate Action: Merger

Type: Update

Accession Number: 000113322825006769

Filing Summary: Fidelity Securities Fund has filed a Definitive Additional Materials proxy statement concerning the Special Meeting of Shareholders for the Fidelity Advisor Value Leaders Fund. The meeting has been adjourned to July 15, 2025, due to insufficient votes in favor of a proposal to merge the Fidelity Advisor Value Leaders Fund into the Fidelity Blue Chip Value Fund. The Trustees recommend this merger, citing benefits such as pursuing the same investment objective in a larger fund and an expected expense reduction of approximately 3 to 9 basis points. Additionally, the reorganization is expected to qualify as a tax-free reorganization for federal income tax purposes.