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Fidelity's New No-Fee Index Funds Bring In $1 Billion In First Month

TedTed
in The Bullpen
FYI: .Fidelity Investments became the first financial company to offer no-fee index funds last month.

.The two funds have already attracted close to $1 billion.

.The zero-fee U.S. stock fund, which competes with low-cost index funds from Vanguard Group and Schwab, attracted over $750 million.
Regards,
Ted
https://www.cnbc.com/2018/09/04/fidelity-offers-first-ever-free-index-funds-and-1-billion-follows.html?__source=yahoo|finance|headline|story|&par=yahoo&yptr=yahoo
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