FYI: When the New York Times highlighted how Fidelity [profile] is
changing under Abby Johnson, one key tidbit the paper
overlooked was collective funds (otherwise known as collective
investment funds, i.e. CIFs, or collective trusts or collective
investment trusts, i.e. CITs). Oh, and the paper hints that Fidelity
may start to mimic a key approach of a certain giant rival on the
west coast.
Regards,
Ted
http://www.mfwire.com/common/artprint2007.asp?storyID=58124&wireid=2