Hello hello,
I hope y'all are well!
So I recently (2/18) had to restart my 401k at Fidelity related to changing jobs. I had already rolled over my old 401k into an IRA with Vanguard and therefore was starting from zero. Because of this, I wasn't able to start off in FSTVX and instead started off in FSTMX at Fidelity.
I was planning on changing over to FSTVX when I reached $10,000.
Now, looking at the new expense ratios Fidelity rolled out in August in conjunction with there 0% funds (FZROX) there doesn't seem to be any point as FSTVX and FSTMX are at an identical expense ratio of 0.015%. I don't see a minimum required for FSTVX either at this point.
My question is, am I correct in thinking there is zero difference in FSTVX and FSTMX currently? Expense ratios, earnings, all look basically identical to me.
I also don't believe I can change over to FZROX, as I don't have a retail Fidelity account. I setup my brokerage link through my companies 401k as the options were pathetic. Is this correct?
If I were able change from FSTMX to FZROX, would that be worthwhile?
So basically, to recap my questions:
- Are FSTMX and FSTVX identical? Is there any benefit in changing over to FSTVX?
- Will FSTMX and FSTVX eventually be condensed into one fund?
- Can I buy-in to FZROX through my brokerage link account, which is funded through my 401k?
- If I can buy-in to FZROX, is it worth it at this time?
Thank-you very much, I hope this is clear. My understanding is a bit rocky (I think), which is why some of this may sound confusing.
All the very best and have a nice day!
Submitted September 23, 2018 at 02:07PM by DuplexSuplex https://ift.tt/2PU8yqu
