Fidelity Investments to Expand Commission-Free Investment Options

Fidelity Investments, an NEC member, will be increasing its selection of zero-fee investment products. These new products are part of a strategy for financial management firms to eliminate fees while attracting more business and increasing the value of assets under management.

This development builds upon the decision Fidelity made last year to become the first institution to introduce zero-fee mutual funds. These products have no investment minimums, account fees, or account minimums, as well as reduced expenses on existing Fidelity index fund mutual funds.

­­­­­­­­­­­­­­Anthony Rochte, Head of the Investments and Technology Group at Fidelity Institutional, commented that this “announcement further reinforces Fidelity’s relentless focus on providing investors with unparalleled value, simplicity and choice.”

The New England Council applauds Fidelity Investments on the introduction of these innovative investment products and its effort to increase the accessibility of investing while empowering customers.

Read more from Providence Business News.

Recently from the Blog

Vertex Releases Findings in Type 1 Diabetes Trial

11/9/2021 | Read Post

Amazon will be Hiring 1,500 Seasonal Workers

11/9/2021 | Read Post

In the News

NEC to Honor Historic All-Female Lineup of 2021 New Englanders of the Year

08/2/2021 | Read Press Release

NEC Board Elects Three New Directors

04/27/2021 | Read Press Release