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Tag Archives: FLPSX

FIDO DROPS A LOAD

Well, at last we can say the bear market has done some good. Fidelity Investments, the giant Boston mutual fund complex (and a vacuum cleaner when it comes to fees), has dropped its 3% sales load on several popular funds.

Apparently, Fido thought there was no other way to boost sales. What a pity — for them, not us!