In the Margins

Fidelity's passive funds see biggest monthly gain

July 22, 2016

By Boston Business Journal

Fidelity Investments experienced an estimated $3.3 billion in net inflows into its passively managed funds in June, the best single-month performance for the products at the company in nine years, according to Morningstar. This was a month before Fidelity cut expenses for 27 of its index funds to make them more appealing to investors. Read the original story from Boston Business Journal

 

 

Most Read

Top of the Agenda - Governance
Q&A: Converting open-end funds to ETFs

Guinness Atkinson Funds made history last year when it completed the industry’s first conversions from open-end mutual fund to exchange-traded fund. Since then, a number of ...