41.   The fund is performing well too.

42.   The management fee that Fidelity charges for some of its funds is adjusted based on how the funds perform relative to a benchmark index.

43.   The recent woes were to be expected, however, given how well equity funds performed over the past two years, Dougherty said.

44.   These passively managed funds have performed better than the vast majority of actively managed funds, year after year, and they charge their investors lower management fees.

45.   They charge an annual percentage of assets managed regardless of how the fund performs.

46.   With that menu in hand, however, investors can easily move out of Fidelity funds if the funds are not performing up to snuff.

47.   With this backdrop, the Davis New York Venture and Selected American Shares funds are performing well.

48.   Young managers are much more likely to be fired if their fund performs badly.

49.   Generally speaking, Silver said, the Democrat-controlled chamber believes pensioners should be rewarded when their retirement funds perform strongly.

50.   How did the fund perform the last nine months?