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Rating:Fidelity Thinks the World Is Looking Up Not Rated 0.0 Email Routing List Email & Route  Print Print
Wednesday, September 23, 2009

Fidelity Thinks the World Is Looking Up

Reported by Adam Kommel

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. 

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