Magellan Fund limited to existing shareholders
Fidelity Investments has announced that new purchases of their Magellan Fund will be limited to existing fund shareholders as of Sept. 30, due to an unexpected increase of investors attracted by the fund's strong recent performance. Limiting future access to the fund will ensure that its assets grow at a reasonable and controllable level.
Existing shareholders of the fund will be notified by mail of their continued ability to purchase shares. Emory Retirement Plan participants should contact Fidelity Investments directly at 1-800-343-0860 with questions about their involvement with the Magellan Fund.
SCHOLARSHIP & RESEARCH
Wood Pec Rec changes registration, adds new aerobics classes
Emory's Wood Pec Rec program is making changes to its registration structure to allow for greater flexibility and fewer hassles in class scheduling. The Recreational Services Office has switched to a punch card system for participants. In addition, several new aerobics classes have been added-boxerobics, power step, step interval, fat burner and slide.
The punch card lets participants attend any class they wish. Cards will be available for purchase and valid the entire semester. Daily classes will be filled on a first-come, first-serve basis.
"We feel that Wood Pec Rec participants will be pleased with this new system mainly because of the flexibility it allows them to participate in the program while fitting it into their busy schedules," said Linda Knight, coordinator of recreational services. "We have moved to the punch card system to better serve the needs of the students, faculty and staff."
Classes began on Monday, Sept. 15. Punch cards are currently available for purchase. Schedules are located in the Recreational Services Office on the top floor of the P.E. Center. For more information, call Melissa Toretch at 727-6551 or send an e-mail to <email@example.com>.
Changes in Fishburne parking deck
Fishburne parking deck's bottom level has been changed into visitor parking, and more carpool spaces might be added to the deck, according to Erick Gaither, executive director of Community Services. Gaither said demand from visitors to the business school and the library had increased, and visitors often buzzed the University parking office for free admission to the deck, essentially shifting the bill to other departmtents. He said visitors now will receive a parking ticket to get into the lower level, and only Emory employees would have access to upper levels.
Money collected from the lower-level visitor parking will be used to offset the cost of hang tags for employees. Gaither also said 100 fewer spaces in Fishburne would be assigned to students this year. Parking office employees will patrol the decks to ticket, boot or tow student vehicles not displaying the proper hang tag. As far carpools, Gaither said, "It's possible that more carpools may be added, and anytime that happens it creates one more parking space." Currently there are nearly 300 registered carpools at Emory.