After faring a stormy sea in 2005, Fidelity Investments, the Boston-based mutual fund giant that turns 60 this year, is working hard to keep investor confidence on course, the Associated Press reports.

"Investors tend to think that as the flagship fund goes, so goes the rest of the fleet," said Jim Lowell, editor of the independent newsletter Fidelity Investor and a former Fidelity employee. And Fidelity's flagship Magellan Fund had a bad year in 2005. With sub-par performance, competitors surpassed the former market-leader in terms of returns and assets under management.

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