More Than 4000 flock
In First Fortnight of Fidelity Investments Gulf Online Competition
Dubai, May 2nd
Fidelity Investments, the world’s largest independent fund management
organisation, has received over 4,000 hits to its www.fidelitygcc.com website –
which offers Gulf residents the opportunity to win one of three
$2,500-investment prizes of their choice in the Fidelity Funds SICAV range— in
the first two weeks since the launch of its first internet competition in the
month-long competition, designed exclusively for Gulf investors and accessible
in both English and Arabic, is open to residents of the UAE, Qatar and Bahrain.
To enter, participants need to correctly answer three multiple-choice questions
by logging on to www.fidelitygcc.com,
which links to the main Fidelity website and the first section of a planned
Fidelity Arabic website.
online competition has proved to be an excellent success and we are happy to
see that so many Gulf investors want to learn more about Fidelity Investments
and are utilizing the Internet to enter the competition
(is ,” said
Sian Parry, Executive Director, International Business Development, and
than 600 visitors to the site, launched on April 9, have completed competition
entries, which will continue to be accepted until May 8 when the three winners
will be drawn.
are only mid-way through the competition, our figures reveal that a large
number of the entries are in Arabic. This has encouraged us to accelerate
development of a fully integrated bi-lingual website for the whole of the
Middle East,” said Parry.
version of the Fidelity Investments Arabic website, to be launched later this
year, will provide a comprehensive guide to the history and performance of the
Fidelity Investments products distributed in the Middle East.
offers Gulf investors the entire Fidelity Funds SICAV range of over 50
sub-funds through their network of alliance partners in the region. These
consist of global, regional, sector and country specific equity funds, and a
range of bond, cash and portfolio management products.
International, which trades under the name Fidelity Investments, serves the
major markets of the world by providing investment products and services to
individuals and institutional investors outside the US. Together with Fidelity
Management and Research Co. of Boston, USA, Fidelity is the largest independent
fund management organisation in the world, with over US$1 trillion of assets under management. *
the Middle East can buy the Fidelity Funds SICAV range through one of Fidelity’s
alliance partners or a Fidelity approved Independent Financial Advisor ( IFA).
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*Assets as at
31/12/2000 stood at US$1,013.7 billion, including those of FMR Corp, a US
company and affiliate and its subsidiaries.
information please contact:
Akouri/Camilla D’Abo Jo
ASDA’A Public Relations Fidelity
Busron-Marsteller Middle East affiliate United
Dubai, UAE Tel:
+44 1737 837848
Fidelity Funds SICAV is an open-ended investment company
established in Luxembourg with different classes of shares (“funds”). Fidelity
Funds is recognised under section 86 of the Financial Services Act 1986 and
investors should note that the holdings of shares in the funds will not be
covered by the provisions of the FSA investors compensation scheme, nor by any
similar scheme in Luxembourg. Issued by Fidelity Investments International