MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
|
|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Thursday, January 29, 2004 Fidelity Reopens Fund Fidelity Investments has reopened its Value Strategies Fund to investors. The portfolio had been closed to new shareholders since 1986. "Several of our value and equity-income funds focus mainly on large-cap stocks," said Sandjiv Mirchandani, executive vice president of Fidelity Personal Investments, in a statement. "This fund has historically sought opportunities mostly in the mid- and small-cap areas of the market. It is currently positioned as the most aggressive of our value offerings." Earlier this month, the Boston-based firm launched the Fidelity Advisor Value Fund, a new portfolio that focuses primarily on small- and mid-cap stocks and that brought its number of value portfolios to five. Printed from: MFWire.com/story.asp?s=6574 Copyright 2004, InvestmentWires, Inc. All Rights Reserved |