Zero-Fee ETFs Will Upend Asset Management

Posted on 02/11/2019


A shot fired that was heard around the world, in August 2018, Fidelity Investments started selling mutual funds without an annual management fee. These funds were the Fidelity Zero Total Market Index Fund and Fidelity Zero International Index Fund. Interestingly, Fidelity is primarily an active manager, thus muddying the waters for the current passive investor […]