December 2018 Fidelity Share Class Change

Last Fall, investments in the Fidelity Contrafund and Growth Company Commingled Pools were moved from Class 1 shares to Class 2 shares to take advantage of lower investment costs, saving participants an estimated $1.1 million annually.

Ohio DC continues to see asset growth in these two commingled pools, and participants are once again eligible for a lower cost share class with the same investment strategy. The annual expense ratio on these investment options will move from 0.38% to 0.35%. Participants invested in the Fidelity Contrafund Commingled Pool and Fidelity Growth Company Commingled Pool will move from Class 2 shares to Class 3 shares resulting in over $750,000 in additional annual savings. Both investment options will move from Class 2 shares to Class 3 shares on Friday, December 14. No action is required by you. This change will happen automatically. Participants affected will receive a letter confirming this change.

Exchange Deadline
To help process the required fund exchanges, participants invested in these funds should make any of their own planned exchange requests before 4 p.m. ET on December 13.

Modal Dialog Start Close

You are going to a page that is not part of this website

We make no endorsement of its content or guarantee of its accuracy. If the Continue button does not work, the page may have been moved or removed.

Please consider logging out of your account before you proceed.

Modal Dialog End