Investing Crosses the Rubicon: Free Index Funds
Fidelity's move has more symbolic than economic significance, signifying important shifts underway in the fund industry.
Executive Summary
- Fidelity is launching two new index funds that give investors free exposure to the U.S. and international equity markets.
- The move has more symbolic than economic significance, signifying important shifts underway in the fund industry.
- The zero-cost index funds appear to be a good deal, but investors should be aware of other fees that can add to the all-in cost of implementing an investment plan.