There’s no guarantee that these free funds will save you money. The reality is that index funds in this class all have low ERs. If there is a slight tracking error, then there goes the savings.
I was curious about this on another thread here and noticed that an equivalent Vanguard fund was “cheaper” even with a higher ER.
My take is that this a marketing ploy from Fidelity. It sounds good, but if you look closely, there’s not much there.
I was curious about this on another thread here and noticed that an equivalent Vanguard fund was “cheaper” even with a higher ER.
My take is that this a marketing ploy from Fidelity. It sounds good, but if you look closely, there’s not much there.