Fidelity Investments is planning to fold its Fidelity Advisor Stock Selector Mid Cap Fund in the Fidelity Advisor Growth Strategies Fund. Both funds are classified as mid cap growth funds by Morningstar.

The move will be voted on during a special meeting of the shareholders expected to be held during the fourth quarter, according to a regulatory filing. If the plan is approved, the reorganization is expected to take place in mid-December.

The Mid Cap Fund, which has two stars from Morningstar, had been managed by Steve Calhoun, who took the struggling fund over in 2009 according to Morningstar. Calhoun has been replaced by Fidelity's Stock Selector Mid Cap team, each of whom will reportedly manage sector-specific sleeves of the portfolio. The same team manages the Fidelity Advisor Growth Strategies Fund, which has one star from Morningstar. The team includes:

Monty Kori - Since joining Fidelity Investments in 2006, Kori has worked as a research analyst and portfolio manager.

Rayna Lesser - Since joining Fidelity Investments in 2005, Lesser has worked as an analyst, portfolio assistant and portfolio manager.

Shadman Riaz - Since joining Fidelity Investments in 2001, Riaz has worked as a research analyst and portfolio manager.

Gordon Scott - Since joining Fidelity Investments in 2005, Scott has worked as a research analyst and portfolio manager.

Douglas Simmons - Since joining Fidelity Investments in 2003, Simmons has worked as a portfolio manager. He is also a member of FMR's Stock Selector Large Cap Group.

Pierre Sorel - Since joining Fidelity Investments in 1998, Sorel has worked as an equity research analyst and portfolio manager. He is also a member of FMR's Stock Selector Large Cap Group.

Patrick Venanzi - Since joining Fidelity Investments in 2001, Venanzi has worked as a research analyst and portfolio manager.

Samuel Wald - Since joining Fidelity Investments in 1996, he has worked as a research analyst and portfolio manager.