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Is the race to the bottom over? Fidelity is now offering mutual funds with zero expense ratio. Fidelity is also offering accounts with no minimum and no fees.
The ground-breaking zero expense ratio index funds combined with industry-leading zero minimums for account opening, zero investment minimums, zero account fees, zero domestic money movement fees and significantly reduced index pricing are unmatched by any other financial services company. Fidelity ZERO Total Market Index Fund (FZROX) and Fidelity ZERO International Index Fund (FZILX) are the industry’s first self-indexed mutual funds with a zero expense ratio available directly to individual investors. This means investors will pay a 0.00% fee, regardless of how much they invest in either fund, while gaining exposure to nearly the entire global stock market. The funds will be available on Fidelity.com as of Aug. 3, 2018. For more information on these funds, click here.
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