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Monday, August 08, 2005

Fido Switches Managers

by: Theresa Sim

Derek L. Young and Christopher L. Sharpe have been named co-managers of six Fidelity funds, replacing William Eigen.

Young and Sharpe co-manage the Fidelity Strategic Income Fund, Fidelity Advisor Strategic Income Fund, Fidelity VIP: Strategic Income Portfolio, Fidelity Strategic Dividend & Income Fund, Fidelity Advisor Strategic Dividend & Income Fund, and the Fidelity Four-in-One Index Fund.

Both Young and Sharpe will continue their existing management of Canadian strategic income funds andVIP: Freedom Funds and Fidelity Arizona College Savings Plan, respectively.

Sharpe was also named co-manager of the Fidelity Advisor 529 Plan, UNIQUE College Investing Plan, U.Fund College Investing Plan and Delaware College Investment Plan. Sharpe will co-manage the fund with Jonathan A. Shelon; the two replace Ren Change.  

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