
funds completely, you miss out on the possibility that they could be good investments in future years. Fidelity New Millennium FMILX , for instance, has had a good second chapter after the legendary Neal Miller retired. While you should
Morningstar. I'm joined today by John Roth, the manager of Fidelity New Millennium and Fidelity Mid-Cap Stock. Thanks for joining us ..... to spell it out for the folks watching, you've run Fidelity New Millennium since 2006? Roth: Yes. Carlson: And you took over
billion between them). Other multiple-assignment managers include John Roth, who's run the all-cap Fidelity New Millennium FMILX for five years and took over Fidelity Mid-Cap Stock FMCSX in February 2011, and Tom Allen, who has managed
or you want something similar to the closed Fidelity New Millennium FMILX . The tool looks within a fund's category ..... had better luck looking for a substitute for Fidelity New Millennium . The list was topped by Vanguard Mid Cap Growth
Fidelity Magellan FMAGX five years after taking the helm, so Magellan's out, too. Ditto for John Roth at Fidelity New Millennium FMILX and James Mordy at Vanguard Windsor VWNDX--both have chalked up good numbers but haven't yet crossed
beating the index about 40% of the time in more than 80 trailing one-year periods since Avery's start. Fidelity New Millennium FMILX : Talk about a turnabout. This fund was once the most distinctive around under former manager Neil Miller
Growth & Income FGRIX manager Steve Kaye, have been successful in the past; others, like Matt Friedman of Fidelity New Millennium FMILX , haven't been as impressive. Fixed-income manager George Fischer came onboard in March 2004. Fischer
funds. Given the fund's huge portfolio spread across seven subadvisors, this isn't a big surprise. Fidelity New Millennium 's FMILX low active share of 68% (bottom 5% of mid-growth) marks a sharp departure from its past. Former
returns in 2009. With a turnover rate of 180%, though, this fund doesn't stay in one place for long. Fidelity New Millennium FMILX Since taking over for the legendary Neal Miller in 2006, John Roth has shifted the fund northwest from the
invest along themes to some extent. But he limits the fund's sector bets against the S&P 500 Index. Can Fidelity New Millennium distinguish itself from the pack? John Roth has done a respectable job since taking over this fund in July