For the investor, index funds and ETFs offer a number of attractive features.
They generally have lower management and transaction costs than actively managed funds.
They typically do not have sales charges (loads) that many mutual funds have.
They offer broad diversification of investments within their given indexes, which helps to mitigate risk.
They have lower portfolio turnover than actively managed funds.
Fidelity has been managing index funds for almost 30 years, and we currently offer 28 Fidelity equity, fixed income, and hybrid index mutual funds; 13 Fidelity Freedom Index Funds; and 21 Fidelity passive ETFs.
With highly competitive expenses, our product offering makes index investing even more compelling.