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Tuesday, June 2, 2009 Fidelity Contra Gains a WSJ Mention Fidelity Contrafund had a notable mention in the Wall Street Journal as the fund has become one of the finalists of a SmartMoney.com screening of large-cap growth funds this week. It is competing against eight other funds, rated for its low expense ratios, outstanding track records and year-to-date return within the last three- and five-year time frames. The fund is still kicking in spite of the economic downturn, writes the Journal, as its fund manager, Will Danoff, has kept the $50-plus billion fund above water by keeping turnover low, holding cash and making various market-cap investments. Printed from: MFWire.com/story.asp?s=21681 Copyright 2009, InvestmentWires, Inc. All Rights Reserved |