Aug

Fidelity Eliminates Fees on Two New Index Funds

Fidelity Investments announced that it won’t charge any management fees on the new funds as price competition intensifies

The race to zero in the investing world has finally reached bottom at one of the nation’s biggest money managers.

Starting Friday, Fidelity Investments will offer clients the chance to invest in two new stock-index funds without paying any fees, putting new pressure on low-cost rivals such as Vanguard Group and Charles Schwab Corp…

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Fidelity Eliminates Fees on Two New Index Funds

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