Fidelity Investments launched the Fidelity Real Estate Income Fund, which invests in a mixture of fixed income and equity real estate. It will be managed by Mark Snyderman, portfolio manager and senior investment officer for commercial mortgage-backed securities. The mutual fund is benchmarked to a combination of the Morgan Stanley REIT Preferred Stock index and the Merrill Lynch Real Estate Corporate Bond index.
Fidelity Investments launched the Fidelity Real Estate Income Fund...
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