Sunday, March 04, 2007

Fidelity Out of Sudan

I just sent the letter below to Fidelity in support of the Fidelity Out of Sudan campaign. See for more details


Fidelity Investments
P.O. Box 770001
Cincinnati, OH 45277-0035

Dear Fidelity,

Please sell all shares of Fidelity Contrafund in account #xxxxx and invest the proceeds in Fidelity Cash Reserves.

Although I am pleased with the performance of Contrafund, I cannot continue to invest in a fund holding securities of companies such as PetroChina and China Petroleum that enable the genocidal policies of the government of Sudan.

I have contacted Fidelity previously to express my concern over your failure to divest from such companies. I plan to continue to work for the Fidelity Out of Sudan campaign by urging my friends, co-workers, employer, and family to learn about Fidelity’s position. I am also considering moving all my Fidelity investments to another company, such as Calvert, that does support the divestment goals.

Sincerely yours,

Daniel Burke


1 comment:

jonahb said...

Way to go, Dad.