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Title: | Market Investing |
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Moderator: | 2155::michaud |
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Created: | Thu Jan 23 1992 |
Last Modified: | Thu Jun 05 1997 |
Last Successful Update: | Fri Jun 06 1997 |
Number of topics: | 1060 |
Total number of notes: | 10477 |
358.0. "New Millenium Fund" by TPSYS::SHAH (Amitabh Shah - Just say NO to decaf.) Tue Jan 19 1993 11:36
Today's WSJ reports that Fidelity is starting a new fund, called
New Millenium, that will allow smaller investors to access the kinds
of stratigies only available to larger investors.
In particular, this fund has an almost unrestricted charter in terms
of what it can invest in. It can invest in any number of stocks, bonds,
international instruments, currencies, and can use derivatives such
as options and futures.
Minimum investment is (only) $2500.
Any opinions?
T.R | Title | User | Personal Name | Date | Lines |
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358.1 | MFIA view of FIDO funds | SFC01::SFC01::SMITHP | Written but not read | Tue Jan 19 1993 14:48 | 3 |
| Mutual Fund Investors Association has a wait and see on Millenium. They
currently recommend Value, Low-Priced Stock, Equity-Income II, and Europe funds
for growth oriented investors. As of 12/31/92
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358.2 | NEW = OK | DABEAN::NEARY | Bob Neary | Wed Jan 20 1993 22:07 | 3 |
| As of Jan , MFIA says OK to buy, but on due to fact that historically
new growth funds do OK: he will update again in upcoming months.
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358.3 | | NECSC::EINES | CSC/MA SNA product support | Thu Jan 21 1993 14:25 | 8 |
| I saw the article too. It sounds interesting. They are sending
me a prospectus.
BTW, this is a loaded fund @ 3%. Front end, I believe, but I'm not
100% sure on that yet.
Fred
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