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Friday, June 16, 2006 Fidelity Switches Benchmarks Fidelity Investments has decided that most of its sector funds can be better evaluated using different benchmarks. Namely, it's settled on the Morgan Stanley Capital International (MSCI) indices for most funds in the Select Portfolios, Advisor Funds and VIP series, reported Reuters Thursday. The move is pending shareholder approval. A minority of sector funds will remain with Standard & Poor's and Goldman Sachs indices, the current benchmarks. Printed from: MFWire.com/story.asp?s=12030 Copyright 2006, InvestmentWires, Inc. All Rights Reserved |