Fidelity Share Class Change

Large-Cap Stock Funds Share Class Change

Last Fall, investments in the Fidelity Contrafund and Growth Company mutual funds were exchanged into collective investment trusts (commingled pools) to take advantage of lower investment costs, saving participants an estimated $1.9 million annually.

Ohio DC continues to see asset growth in these two commingled pools, and participants are now eligible for a lower cost share class. Participants invested in the Fidelity Contrafund Commingled Pool and Fidelity Growth Company Commingled Pool will move from class 1 shares to class 2 shares resulting in over $1.1 million in additional annual savings. Both investment options will move from class 1 shares to class 2 shares on Friday, October 6.

Old Investment Option New Investment Option
Fidelity Contrafund Commingled Pool
(Class 1 Shares)
Expense Ratio: 0.43%
Fidelity Contrafund Commingled Pool
(Class 2 Shares)
Expense Ratio: 0.38%
Fidelity Growth Company Commingled Pool
(Class 1 Shares)
Expense Ratio: 0.43%
Fidelity Growth Company Commingled Pool
(Class 2 Shares)
Expense Ratio: 0.38%
NRW-4926OH-OH
NRW-4926OH-OH
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NRW-2913AO.1
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