Fidelity Special Situations

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Dear Editor, Your editorial in Monday's edition of Investment Week (High time Fidelity got its hous...

Dear Editor, Your editorial in Monday's edition of Investment Week (High time Fidelity got its house in order) failed to include several pertinent details of last week's update on our proposals to split Fidelity Special Situations into two funds. The article claims that the only thing last week's update for shareholders confirmed was that its long-standing manager, Anthony Bolton, would continue to run one of the two funds resulting from the split until the end of 2007. This is not the case: the update to 250,000 shareholders contained much more than this single item. The primary purpose...

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