Question: are fidelity mutual funds good?
Answer: Fidelity 500 Index Fund (FXAIX). One of the best S&P 500 Index funds on the market, FXAIX (formerly FUSVX) does a great job of tracking the S&P 500 and has one of the lowest expense ratios (0.015%) in the entire mutual fund universe. ... The expense ratio for FXNAX is just 0.025% and there is no minimum initial purchase.