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M*: What Fidelity's No-Cost Index Funds Mean For Investors

TedTed
in The Bullpen
FYI: (This is a follow-up article.)
Fidelity shook the investment landscape last week when it announced that it would offer two index funds with zero expense ratios: Fidelity Zero Total Market Index (FZROX) and Fidelity Zero International Index (FZILX). And not months in the future, but right away--they went live on Friday! Also striking is that Fidelity removed investment minimums.

Russ Kinnel has a couple of thoughts on why Fidelity would do this and what it means for investors. He starts with the industry view first.
Regards,
Ted
https://www.morningstar.com/articles/877443/what-fidelitys-nocost-index-funds-mean-for-investo.html
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