explanade
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- May 10, 2008
- Messages
- 7,478
OK, I'm invested in admiral shares, like VTSAX, VWIUX, VWIAX, VFWAX, etc.
Been very happy with this setup, been living off dividends and distributions from those and other investments, without having to sell shares.
My parents have been with Fidelity managed accounts for 6-7 years. Performance has been poor. They tried to say they're optimizing to minimize taxes.
These are trust accounts. My father passed away 2 years ago and I'm the trustee. The Fidelity holdings are over $2 million. My mother isn't spending this money so most of it will come to me and my siblings.
So I ended the managed accounts and they've liquidated.
I could move the funds to VG.
Last year, I took my mother's IRA from their management group as well and invested in the Fidelity funds, FZROX, FZILX, FUAMX, FXNAX, with 60/40 AA.
They've done all right in the past year. Not sure how the VG Admiral equivalents would have done.
Morningstar doesn't have enough data about the Zero ER funds yet but the YTD and 1-year returns for FZROX compared on par with VTSAX for instance.
Anyone else have holdings of the Fidelity funds?
Main advantage of Fidelity might be that for my sisters, they could go into branches at some point and establish accounts there and make for easier transfers of their inheritances.
One thing I noticed is that it's a lot easier to track dividends and distributions on VG site than it is on Fidelity, unless I'm missing something.
Been very happy with this setup, been living off dividends and distributions from those and other investments, without having to sell shares.
My parents have been with Fidelity managed accounts for 6-7 years. Performance has been poor. They tried to say they're optimizing to minimize taxes.
These are trust accounts. My father passed away 2 years ago and I'm the trustee. The Fidelity holdings are over $2 million. My mother isn't spending this money so most of it will come to me and my siblings.
So I ended the managed accounts and they've liquidated.
I could move the funds to VG.
Last year, I took my mother's IRA from their management group as well and invested in the Fidelity funds, FZROX, FZILX, FUAMX, FXNAX, with 60/40 AA.
They've done all right in the past year. Not sure how the VG Admiral equivalents would have done.
Morningstar doesn't have enough data about the Zero ER funds yet but the YTD and 1-year returns for FZROX compared on par with VTSAX for instance.
Anyone else have holdings of the Fidelity funds?
Main advantage of Fidelity might be that for my sisters, they could go into branches at some point and establish accounts there and make for easier transfers of their inheritances.
One thing I noticed is that it's a lot easier to track dividends and distributions on VG site than it is on Fidelity, unless I'm missing something.