| CONTACT: Corporate Communications (617) 563-5800 |
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| Fidelity Management & Research Company (FMR Co.) | |
| Fact Sheet | |
| OVERVIEW | |
| Fidelity Management & Research Company (FMR Co.) acts as the investment advisor to Fidelity's family of mutual funds. FMR Co. has three fund divisions: Equity, High-Income and Fixed-Income. Securities are managed, researched, bought and sold for the funds by a staff of portfolio managers, analysts and traders. | |
| MUTUAL FUND ASSETS AS OF MARCH 31, 2003 | |
| Total mutual fund assets | $681.3 billion |
| Equity mutual fund assets | $399.4 billion |
| High-Income mutual fund assets | $13.7 billion |
| Fixed-Income mutual fund assets | $268.2 billion |
| Bond mutual fund assets | $65.7 billion | |
| Money Market mutual fund assets | $202.5 billion | |
| FUNDS | |
| Total funds managed | 283 |
| Equity mutual funds | 194 |
| High-Income mutual funds | 13 |
| Fixed-Income mutual funds | 76 |
| Bond mutual funds | 39 | |
| Money Market mutual funds | 37 |
| RESEARCH COVERAGE | |
| Total company visits to Fidelity equity research in Boston in 2002 | 3,474 |
| ORGANIZATION | |
| President, Fidelity Management & Research Co. | Abigail P. Johnson |
| LOCATION | |
| The Equity and High-Income Divisions are based in Boston and the Fixed-Income Division is based in Merrimack, New Hampshire. | |
| Investment research professionals also are based in the United Kingdom, Europe, Southeast Asia and Japan. | |
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