Business Services Industry

Fidelity College Savings Indicator Finds Parents Are Projected to Meet Only 21 Percent of Future College Costs - Three Point Decrease from One Year Ago

Business Wire, Oct 1, 2008

About Fidelity Investments

Fidelity Investments is one of the world's largest providers of financial services, with custodied assets of more than $3.2 trillion, including managed assets of $1.5 trillion as of August 31, 2008. Fidelity offers investment management, retirement planning, brokerage, and human resources and benefits outsourcing services to 24 million individuals and institutions as well as through 5,500 financial intermediary firms. The firm is the largest mutual fund company in the United States, the No. 1 provider of workplace retirement savings plans, the largest mutual fund supermarket and a leading online brokerage firm. For more information about Fidelity Investments, visit www.fidelity.com.

About Fidelity Investments Institutional Services

Fidelity Investments Institutional Services Company provides investment management services through investment professionals at financial institutions nationwide, including wirehouses, regional and independent broker/dealers, banks, trust companies and insurance companies. The company offers Fidelity Advisor Funds[R], Variable Insurance Product (VIP) Portfolios, systematic investment plans, institutional money market funds and a comprehensive line of retirement products and services. Fidelity Investments Institutional Services Company's total assets under management were $301.2 billion as of August 31, 2008. For more information, advisors may visit https://advisor.fidelity.com.

As of August 31, 2008, Fidelity Investments manages more than $14 billion in assets and over 980,000 accounts across seven state-sponsored 529 Plans, all open to residents of any state. The UNIQUE College Investing Plan, the Fidelity Advisor 529 Plan, the ScholarShare([R] )College Savings Plan, the ScholarShare([R]) Advisor College Savings Plan, the U.Fund([R]) College Investing Plan, the Delaware College Investment Plan and the Fidelity Arizona College Savings Plan are offered by the State of New Hampshire, the ScholarShare Investment Board, an agency of the state of California, MEFA, the State of Delaware, and the Arizona Commission for Postsecondary Education, respectively, and managed by Fidelity Investments. If you or the designated beneficiary are not a California, Massachusetts, New Hampshire, Delaware, or Arizona resident, you may want to consider, before investing, whether your state or the designated beneficiary's home state offers its residents a Plan with alternate state tax advantages or other benefits.

Units of the portfolios are municipal securities and may be subject to market volatility and fluctuation.

Fidelity, Fidelity Investments, and the Fidelity Investments & Pyramid Design logo are registered service marks of FMR LLC.

The third party marks appearing herein are the property of their respective owners.

Please carefully consider each Plan's investment objectives, risks, charges and expenses before investing. For this and other information, call or write to Fidelity or visit fidelity.com for a free Fact Kit or request a free Offering Statement from your advisor or through advisor.fidelity.com. Read it carefully before you invest or send money.


 

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