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Fidelity has an above average number of talented managers, ... They're the best in the business.

Jim Lowell

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This move reflects the fact that Fidelity, while not directly acknowledging it, is tacitly admitting what we all know: that the fund business is maturing, while the other two areas affected by today's announcements, namely the venture capital side and retirement services, have long-term prospects for significant growth,
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No other growth fund at Fidelity has a precious metals holding in its top 10.
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Who's going to manage (health savings accounts)?. It's not going to be your local accountant, it's going to be Fidelity.
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He certainly has the right mosaic of experience to be able to manage Fidelity Fund well,
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The majority of Fidelity growth and growth & income funds remained underweight technology - some by inches, and some by miles.
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