The firm has also introduced currency-hedged versions of six U.S. equity funds
The new strategies offer more options for clients interested in factor investing, the firm says
Fund aims to combine two different, yet complementary, investment approaches
David Tulk joins as portfolio manager for four products
The six dividend ETFs are also available in traditional mutual fund structures
Fidelity’s recent launch of two zero-fee index mutual funds highlights the revenue pressures facing traditional investment managers, report states
The two new index mutual funds, part of a suite of changes Fidelity is making to lower expenses, will be available Friday
Management fees for the six funds range from 0.35% to 0.45%.
Will Danoff and Joel Tillinghast to co-manage a new core equity strategy
Financial planners need to have proactive conversations with clients about how taking on work in retirement could affect their income taxes