FIDO Separately Managed Accounts

[GravitySucks]

Has anyone experience using Fidelity Separately Managed Accounts?
Particularly the Core Bond Strategy product.
https://www.fidelity.com/managed-accounts/separately-managed-accounts/core-bond-strategy/overview

The darn fixed income side of investing shouldn't be so irritating but it is.

[RobbieB]

I have this with CA muni bonds and it works well.

[onabreak]

I have with Mass munis as well, no complaints. Depending on amount invested, you also get stepped up cash back on Fido credit card and better money market rates. A minor offset to fees

[audreyh1]

I’m perfectly happy with bond index funds.

[gwraigty]

Quote:

Originally Posted by GravitySucks Has anyone experience using Fidelity Separately Managed Accounts? Particularly the Core Bond Strategy product. https://www.fidelity.com/managed-acc...ategy/overview The darn fixed income side of investing shouldn't be so irritating but it is.

I made the link clickable:

https://www.fidelity.com/managed-acc...ategy/overview

Unless you actually want to hold individual bonds, you can just buy a core bond mutual fund or ETF. They're much simpler come tax time. Believe me, I know, after investing in individual corporate and muni bonds for the last decade and a half.

[jazz4cash]

Quote:

Originally Posted by onabreak ...you also get stepped up cash back on Fido credit card and better money market rates....

I’d like to hear more about this!

[onabreak]

I pulled attached from Fidelity's site to describe the program tiers. Only some assets count toward tiers, not all Fido assets. Hope this helps