For Fidelity Mutual Investment Fund

1. Utilize your fund. Find out what its investment objective is and its top 10 holdings, what is the percent of total holdings are the top 10. Are the holdings consistent with the investment objective? Is the Fund highly diversified? Explain. What is the minimum investment? What is its NAV? What is the load? What is the Category Rank of the Fund and the total funds in the category, utilize Morningstar rankings.

2. What is the correct index by which you would benchmark (refer to Benchmark handout) the mutual fund you chose in Question 1? How did the mutual fund perform vis--vis this index during the past year, chart performance?

3. Utilizing the Fund from "1," find the Treynor, Sharpe and Alpha ratios for the fund, how is the fund performing and how is it performing verse its category