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Rating:Fido Unveils a Conservative Income Bond Fund Not Rated 0.0 Email Routing List Email & Route  Print Print
Thursday, March 10, 2011

Fido Unveils a Conservative Income Bond Fund

Reported by Armie Margaret Lee

Fidelity on Thursday took the wraps off the Conservative Income Bond Fund. James Miller is the PM of the fund, which will invest in a combination of money market and high quality, investment-grade debt securities with short durations.

Fidelity is offering retail and institutional class shares of the fund.

"Recent developments have led to the creation of additional potential investments for fixed-income funds along the shorter segment of the yield curve, and Fidelity Conservative Income Bond Fund will seek to take advantage of those opportunities, Miller said in a press release.  

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