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Wednesday, September 23, 2009 Fidelity Thinks the World Is Looking Up Fidelity is increasing international exposure in its target date funds, the Boston-based fund giant revealed Wednesday in a press release, covered by our sister publication, The 401kWire. But the release also noted that the strategy will be developed for many of its other funds as well, calling the change “part of a firm-wide enhancement to Fidelity's planning and guidance tools as well as to other asset allocation portfolios.” Funds that should see their share of international equities increase include the Fidelity, Advisor and VIP versions of the Asset Manager series and the Fidelity Four-In-One Index Fund. The Fidelity and Advisor products, along with the Fidelity and Advisor Global Balance fund, should also see increased commodity exposure, the release said. Printed from: MFWire.com/story.asp?s=22712 Copyright 2009, InvestmentWires, Inc. All Rights Reserved |