https://www.wsj.com/articles/fidelity-index-fund-fees-tumble-to-zero-1533141096
“Fidelity Investments launched Wednesday two new stock-index funds with no fees.”
“Fidelity also said it slashed fees on existing index-based stock and bond funds by an average of 35% and did away with investment minimums, a move that puts additional pressure on other low-cost rivals.”
Seems like a pretty big move. The expense ratio on their 500 index FUSEX is now .015%, which is really dang low.
They also removed the minimum investment for both the standard and premium index funds, functionally erasing the difference between the two.
Submitted August 01, 2018 at 03:27PM by HangingShoe57 https://ift.tt/2vtwmsy
