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Fidelity Alters Dynamic Strategies Fund

Fidelity will rebrand its large cap blend fund, the Fidelity Advisor Dynamic Strategies Fund effective from June 1, 2011.

Fidelity will rebrand its large cap blend fund, the Fidelity Advisor Dynamic Strategies Fund effective from June 1, 2011, MutualFundWire reports. The mutual fund firm’s fund will now be called the Fidelity Global Strategies Fund and continue to be managed by Andrew Dierdorf and Jurrien Timmer.

The fund’s new composite benchmark will combine 60% of the MSCI All Country World Index net MA tax, 30% of the Barclays Capital U.S. Aggregate Bond Index and 10% Citigroup Non-U.S. Group of 7 Index. The fund will also change its primary benchmark to the MSCI All Country World from the S&P 500.

Click here for the story from MutualFundWire.

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