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Strategies & Market Trends : Fidelity Select Sector funds

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To: Julius Wong who wrote (312)11/1/1997 6:32:00 PM
From: Curtis Cerenzie   of 4916
 
Julius
Thank you for the information. This is really good stuff. My bet is Mr. Plaze expected Fidelity to estimate fair market value at the close of business at 4 p.m. and not at 4% higher as Fidelity chose to do on my fund. And where was the disclosure that this could occur when I bought into the fund? Or can they just choose to do this at anytime?
Why did they except my money without advising me they were going to do this? I guess we are all stepping on hallowed grounds when we invest in the almighty Fidelity...
Curtis
P.S. I really do appreciate the info-it will be very helpful...
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