Fidelity Unit Starts Five Funds

Published May 04, 2007, 1:00 a.m. EDT

Updated May 03, 2007, 4:02 p.m. EDT

1 Min Read

Fidelity Investments Life Insurance Co. of Boston has launched five proprietary funds available through its variable annuity and life insurance products.

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The funds include three sector funds — VIP Consumer Staples Portfolio, VIP Materials Portfolio, and VIP Telecommunications Portfolio — and two subadvised ones — Fidelity Strategic Advisers Small Cap Portfolio and Fidelity Strategic Advisers Mid Cap Value Portfolio.

All five funds were made available to customers April 30. Fidelity announced that the new products were introduced on Wednesday.

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