Fidelity steps up Vanguard fee war with low-cost index funds

FIDELITY INVESTMENTS introduced five new low-cost index mutual funds, a move signaling an escalation of a price war with Vanguard Group. / BLOOMBERG NEWS FILE PHOTO/JB REED
FIDELITY INVESTMENTS introduced five new low-cost index mutual funds, a move signaling an escalation of a price war with Vanguard Group. / BLOOMBERG NEWS FILE PHOTO/JB REED
BOSTON – Fidelity Investments is stepping up its rivalry with Vanguard Group by launching five new index mutual funds with expense ratios it says are lower than the equivalent products at its competitor. Fidelity, which has $2.8 trillion under management, on Tuesday announced the addition of four index funds with expense ratios of 0.05% that…

Want More Free?

To access 2 more articles, please log in or register for free.

Registered users get access to a limited number of free articles every month.

Register Now

Already registered? Login to access more free articles.

Purchase NowWant to share this story? Click Here to purchase a link that allows anyone to read it on any device whether or not they are a subscriber.

- Advertisement -