Truth in advertising

The message in the picture below is from Fidelity Investments letting me know that one of the plans I invest in is changing its name.

“This notification is to inform you that effective January 16, 2009, Fidelity Select Utilities Growth Portfolio will be renamed Fidelity Select Utilities Portfolio.”

Its should come as no surprise to note that this fund hasn’t been doing a whole lot of growing in the past year.

Growth fund's *name* is down-graded

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