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URL:  http://boards.fool.com/are-the-fidelity-funds-managed-to-match-the-21845478.aspx

Subject:  Re: Fidelity ? Date:  1/2/2005  5:24 PM
Author:  ResNullius Number:  43828 of 75772

Are the Fidelity funds managed to match the indexes? Or are they managed for best return for their share holders?

Most of the large managed funds have the core of the fund in the relevant index, with the balance being a sector bet by the manager. There's very little true stock picking in large funds.

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