|Last Price$42.83||Day Change (%)0.12%|
|Open Price$42.83||Day Change ($)0.05|
|Day Range42.83–42.83||52-Week Range35.19–42.94|
As of Tue 12/10/2013 02:30 AM EST | USD
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Fidelity ® Nasdaq Composite Index® Tracking Stock Fund to Declare Distribution
Starting Jan. 1, Fidelity will lower to $30, from $40, the standard pricing for a buy or sell transaction on its FundsNetwork platform, a 25% saving. But the custodian is also raising buy fees by 25% to $50 on five fund families, including the popular offerings from the Vanguard Group Inc.
Over the past few weeks, Fidelity Investments has made strategic fee cuts and launched new products to ensure that its products are the cheapest in two categories in which the Vanguard Group Inc. has been eating their lunch for a decade.
Mutual fund giant Fidelity Investments is getting aggressive in the low-cost battle over target date funds.
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