Earlier this week Fidelity announced that, effective immediately, they would be reducing the minimum investment on their “Spartan” index funds from $10,000 to $2,500. And they’re reducing the minimum investment for the (even lower-cost) “Advantage” share class of those same funds from $100,000 to $10,000.
In addition, effective January 1, 2013, they’ll be (slightly) reducing the expense ratios on several of those same index funds.
Sounds like good news to me!
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