
"Founded in 1946, Fidelity Investments of Boston is one of America's largest managers of mutual funds and exchange-traded funds (ETFs). Retirees looking for ETFs with low management fees have a lot of options at Fidelity. Here are 10 ETFs with the lowest expense ratios at the company. No. 10: Fidelity MSCI Financials Index ETF (FNCL) This ETF invests in financial institutions, seeking to track the MSCI USA IMI Financials Index. Top holdings include JP Morgan Chase, Mastercard and Visa."
"FMAT offers exposure to the materials industry, using the MSCI USA IMI Materials Index as a benchmark. With net assets of $451.45 million, the fund has returned 10.09% YTD. The expense ratio is 0.84%, the PE ratio is 26.02, and the yield is 1.64%. Investing in companies like GE Aerospace, Boeing and Caterpillar, this ETF generally tracks the performance of the MSCI USA IMI Industrials Index. The $1.54 billion fund has an expense ratio of 0.84%."
Fidelity Investments was founded in 1946 in Boston and is one of America's largest managers of mutual funds and exchange-traded funds (ETFs). Retirees seeking ETFs with low management fees have many options at Fidelity. The offerings include sector-specific MSCI-tracking ETFs covering financials, materials, industrials, health care, consumer discretionary, and communication services. Expense ratios for several highlighted funds are 0.84%. Fund metrics vary: FNCL shows $2.42 billion in net assets and a 1.45% yield; FMAT has $451.45 million in net assets and a 10.09% year-to-date return; FIDU reports a 7.17% YTD return.
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