Monday, January 8, 2018

Fidelity retirement funds take multiyear hit from commodities bet - Reuters


Reuters

Fidelity retirement funds take multiyear hit from commodities bet
Reuters
The fund invests in futures contracts that cover commodities such as hogs, oil and wheat, as well as swaps with counterparties such as Goldman Sachs Group Inc and JPMorgan Chase & Co, according to U.S. regulatory filings. Even with the commodity funds ...

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