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Fidelity To Launch No-fee Index Funds | Fox Business

by foxbusiness.com posted 9months ago 68 views
The move comes as asset managers have been pressured to lower costs. : Shaffer Asset Management President Dan Shaffer and Crossmark Global Investments Chief Market Strategist Victoria Fernandez discuss the driving elements that's pushing investors to be cautious. Fidelity, one of the largest index mutual fund providers, announced on Wednesday that it will introduce two no-fee funds, giving more investors access to both domestic and global markets. The funds are called the Fidelity Zero Total Market Index Fund (FZROX) and the Fidelity Zero International Index Fund (FZILX).

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