August 17, 2017 3:58 PM ET

Capital Markets

Company Overview of Fidelity Investments

Company Overview

Fidelity Investments is a privately owned investment manager. The firm also provides IRAs, 401(k) rollovers, annuities, discount brokerage services, retirement services, estate planning, wealth management, securities execution and clearance, and life insurance services to its clients. It provides its services to individual investors, businesses, financial advisors, and institutions. The firm manages equity, fixed income, and balanced mutual funds. The firm invests in the public equity and fixed income markets across the globe. It conducts in-house research to make its investments. Fidelity Investments operates as a subsidiary of FMR LLC. Fidelity Investments was founded in 1946 and is based ...

82 Devonshire Street

Boston, MA 02109-3605

United States

Founded in 1946

Phone:

617-563-7000

Fax:

617-476-6150

Key Executives for Fidelity Investments

Chief Executive Officer,, President, and Chairman
Age: 56
President of Asset Management
Age: 57
Senior Vice President and Deputy General Counsel
Age: 51
Managing Director and Senior Marketing Investment Strategist
Head of Defined Contribution Business Development and Executive Director
Compensation as of Fiscal Year 2017.

Fidelity Investments Key Developments

Fidelity Investments Presents at The Event for CX Innovators in Financial Services, Jul-17-2017 10:00 AM

Fidelity Investments Presents at The Event for CX Innovators in Financial Services, Jul-17-2017 10:00 AM. Venue: Renaissance Boston Waterfront, Boston, Massachusetts, United States. Speakers: Bill Schimikowski, Vice President, Customer Experience.

Fidelity Investments Presents at Capital Link 's 4th Annual Dissect ETFs Forum, Jun-22-2017 12:05 PM

Fidelity Investments Presents at Capital Link 's 4th Annual Dissect ETFs Forum, Jun-22-2017 12:05 PM. Venue: The Metropolitan Club, One East 60th Street, New York, NY 10022-1054, United States. Speakers: Matthew Goulet, VP, Sector Investment Strategy.

Fidelity Investments Launches New Fidelity Municipal Income 2025 Fund

Fidelity Investments announced the launch of Fidelity Municipal Income 2025 Fund, an addition to Fidelity’s Defined Maturity Funds 'DMF' lineup that seeks to bridge the gap between individual bonds and bond funds. The company's DMFs provide an investment option to investors interested in tax- exempt income over defined periods of time. Three potential uses for these funds include: save for a goal; reduce the risk of rising rates; and supplement an individual bond portfolio. As the Fidelity Municipal Income 2017 Fund2 nears its maturity date, Fidelity Municipal Income 2025 Fund will be added to the existing series of DMFs with current maturity years of 2017, 2019, 2021, and 2023. Fidelity Municipal Income 2025 seeks as high a level of current income, exempt from federal income tax, as is consistent with the preservation of capital by normally investing at least 80% of assets in investment-grade municipal securities whose interest is exempt from federal income tax. The current offering includes funds with target maturity dates of 20173, 2019, 2021, 2023, and 2025. They are a series of open-ended mutual funds, each of which invests in municipal bonds that are clustered around a specific maturity. With 'maturities' staggered two years apart, the funds allow investors the opportunity to invest in multiple DMFs with different end dates similar to the exercise of laddering individual securities. At its target end date, each fund will distribute its assets to shareholders and allow for reinvestment at then current interest rates. The new fund is available directly to investors, as well as through advisors at banks, insurance companies and broker-dealers via Fidelity Advisor Funds classes A and Institutional. The retail class is sold without a load and has a total expense ratio of 0.40%. The Advisor share classes have a total expense ratio of 0.65% for Class A and 0.40% for the Institutional Class. The minimum investment will be $10,000 for each of the retail class, Advisor Class A and Institutional.

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