Question: Does fidelity have a monthly fee?

Fidelity Rewards is not offered as a component of any advisory service or program through Fidelity, including, without limitation, Fidelity® Wealth Services and Fidelity® Strategic Disciplines. While there are no program enrollment fees, eligible accounts are charged an advisory fee.

What is Fidelity service fee?

Our service fee can be as low as 0.2% but is typically 0.35% and pays for everything we offer. This includes our guidance tools, news and insights from industry experts, and our secure, easy-to-use investing platform.

What is the catch with Fidelity?

The only catch we can find is that investors are required to hold these mutual fund investments in a Fidelity brokerage account, which isnt that big of a deal, especially if you are already a Fidelity client. Fidelity may be using these zero-fee mutual funds as loss leaders to take clients away from its competitors.

Whats the catch with Fidelity zero funds?

The ZERO funds consist of four index funds. These funds charge no fees in the form of an Expense Ratio, although they do pass on transaction costs to investors. There are also no minimum investment requirements. The catch, if you want to call it that, is that the funds track proprietary indexes Fidelity created.

How Does Fidelity make money with no fees?

Fidelity charges no commissions for online equity, ETF, or OTCBB trades. There is no per-leg commission on options trades. Per-contract commissions are $0.65. Margin interest rates are average compared to the rest of the industry.

What is the catch with Fidelity zero funds?

The ZERO funds consist of four index funds. These funds charge no fees in the form of an Expense Ratio, although they do pass on transaction costs to investors. There are also no minimum investment requirements. The catch, if you want to call it that, is that the funds track proprietary indexes Fidelity created.

Is my money safe at Fidelity?

Yes, the cash balance in the Fidelity® Cash Management Account is swept into an FDIC-insured interest-bearing account at one or more program banks. The deposit at the banks is eligible for FDIC insurance and subject to FDIC insurance coverage limits.

Which is better Fzrox or Fskax?

The difference between these two is their expense ratio. $FSKAX, Fidelitys older fund, has an expense ratio of 0.02% – one of the best expense ratios of any Total US Stock Market Fund. $FZROX is a newer fund, started in 2018, with a 0.00% fee – zero. Since $FZROX is a newer fund, that makes sense.

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