In the investing world, there's no such thing as a free lunch. But that all changed last week, when Fidelity Investments, the mutual fund and brokerage giant, launched two stock index funds with zero ...
Fidelity’s recent announcement that it was creating mutual funds with a zero-percent expense ratio sounds like a free lunch. While some people would tell you there is no such thing, others would ...
Fidelity this week introduced what it is calling “self-indexed, zero expense ratio mutual funds” on the retail side of its business; the move may not directly touch retirement plans, but it speaks ...
Fidelity Investments is launching two more zero-fee mutual funds after its first two amassed more than $1 billion in less than one month since their debut. Both will be available to individual ...
Investors poured almost $1 billion into Fidelity Investments ' two zero-fee index funds in their first month of operation. The Fidelity Zero Total Market Index Fund attracted $753.5 million through ...
Earlier this month, Fidelity invoked the nuclear option by lowering both fees and minimums to zero on some funds. It would seem the only way to lower fees further would be to actually pay investors to ...