Fidelity CEO says no-fee lineup is aimed at new customers

FIDELITY INVESTMENTS CEO Abigail Johnson said the company offered its four zero-expense index funds to attract new customers. / BLOOMBERG FILE PHOTO/ANDREW HARRER
FIDELITY INVESTMENTS CEO Abigail Johnson said the company offered its four zero-expense index funds to attract new customers. / BLOOMBERG FILE PHOTO/ANDREW HARRER
NEW YORK - Fidelity Investments CEO Abigail Johnson said the firm’s decision to launch a series of no-fee mutual funds had a simple rationale: bring in…

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