Fidelity Investments of Boston said 1999 was a record year for net sales of mutual funds through banks and other financial intermediaries.Fidelity Investments Institutional Services Co. had net sales of $18.6 billion in 1999, up 51.22% from 1998 and 279.59% from 1997.

The fund company's assets under management through financial intermediaries totaled $210.6 billion at yearend 1999, up 23.96% from 1998 and 56.7% from 1997.

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