"...Fidelity teamed up with iShares to eliminate trading fees on more than two dozen popular ETFs. The move comes three months after Schwab introduced eight of its own free-trade ETFs.
Traditionally, if you wanted to invest in an ETF, you had to pay a sales charge each time you bought or sold shares. When Schwab rolled out free-trade ETFs in November it put pressure on other big brokerages to do the same.
And Fidelity has responded–in a big way.
Fidelity investors now can choose from among 25 popular iShares ETFs (compared with Schwab's eight). Examples include the iShares S&P 500 Index (IVV), iShares Barclays Aggregate Bond (AGG) and iShares MSCI Emerging Markets Index (EEM).
And collectively, the iShares ETFs offer sweeping coverage of the market, including emerging-market stocks and bonds, blue-chip U.S. stocks, Treasury Inflation Protected Securities (TIPS), and muni bonds.
To buy the iShares ETFs at no cost, you have to have an account with Fidelity and the trades must be done online."Read the complete post here:
http://moremoney.blogs.money.cnn.com/2010/02/05/more-free-etf-trades/
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