Fidelity Investments has rolled out a target volatility strategy, the Fidelity VIP Target Volatility Portfolio. Offered exclusively through variable annuity and variable life insurance products, the portfolio seeks to manage total return volatility within a target range.
Nineteen-year Fidelity veteran Xuehai En is the lead portfolio manager for the fund, while Bob Vick, a 24-year veteran of Fidelity, is co-manager.
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