Fidelity Investments reduced the fees of five Fidelity Spartan equity index funds available to group retirement plan investors, effective today. The expense ratios for the 500 Index, Total Market Index, Extended Market Index, International Index and U.S Index funds will be indefinitely capped at 0.1%, or 10 basis points, according to a news release from Fidelity. The funds are offered primarily to 401(k) and 403(b) defined contribution plans.
Fidelity Investments reduced the fees of five Fidelity Spartan equity...
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