What is a good expense ratio for index funds?
A reasonable expense ratio for an actively managed portfolio is about 0.5% to 0.75%, while an expense ratio greater than 1.5% is typically considered high these days. For passive or index funds, the typical ratio is about 0.2% but can be as low as 0.02% or less in some cases.
What is Fidelity’s S&P 500 fund?
Fidelity® 500 Index Fund is a diversified domestic large-cap equity strategy that seeks to closely track the returns and characteristics of the S&P 500® index. The S&P 500® is a market-capitalization-weighted index designed to measure the performance of 500 large-cap U.S. companies.
Which SP 500 index fund has the lowest expense ratio?
SPDR S&P 500 ETF Trust 31, 2021. With any of these three funds, you can expect your investment to deliver performance that’s virtually identical to the S&P 500. The Vanguard and iShares options have the lowest expense ratios.
Is Fidelity 500 index fund a good investment?
Fidelity 500 Index Fund (ticker: FXAIX)For investors seeking exposure to the S&P 500, Steve Azoury, president of Azoury Financial in Troy, Michigan, likes FXAIX, calling it “a nice index fund that is very consistent with very low fees.” It has an extremely low expense ratio of 0.015%, or $1.50 for every $10,000 …
How long should you hold index funds?
Index funds are good for the short term. Some index funds could experience less volatility than others, and some are designed for shorter holding periods. But don’t invest in an index fund unless you can sit it out for at least five years, Lewis says.
Is Fbgrx a good fund?
Overall, Fidelity Blue Chip Growth ( FBGRX ) has a high Zacks Mutual Fund rank, and in conjunction with its comparatively strong performance, average downside risk, and lower fees, Fidelity Blue Chip Growth ( FBGRX ) looks like a good potential choice for investors right now.
Can you lose all of your money in an index fund?
Index Funds and Potential Losses There are few certainties in the financial world, but there is almost zero chance that any index fund could ever lose all of its value. Because index funds are low-risk, investors will not make the large gains that they might from high-risk individual stocks.
Is fidelity a safe company to invest with?
Fidelity is most certainly not a scam. It is one of the most reliable and trusted brokerage firms available to American investors. Keep in mind, though, that investing is never an exact science; and it’s possible to lose money in the securities markets with any firm.
What is fidelity’s customer service phone number?
Fidelity Customer Service Phone Numbers. Customer care: 800-343-3548. Customer Service: 1 800-343-3548. Fidelity Automated Service Telephone:800-544-5555.
What are fidelity’s customer service hours?
Fidelity Customer Service Representatives Hours. Live Fidelity customer service is available 24 hours a day seven days a week.
Is fidelity a good brokerage?
Fidelity is arguably the best broker on the market for novice investors. And it offers a lot to love as not only your first broker, but your long-term broker. Keep reading as we break down the many great things about Fidelity and explore some of the areas where the platform might not offer the features you need.