In the Margins

Fidelity largest stock fund isn't active, it's passive

December 5, 2016

By Bloomberg

Fidelity Investments' biggest stock mutual fund in now an index fund. The Boston firm may have made its reputation picking stocks, but the Fidelity 500 Index Fund ended November with $105.9 billion in assets, according to data on the company’s website. Read the original story from Bloomberg.

 

 

Most Read

10 Things
10 Things...to know about BDCs

Congress created business development companies in 1980 to support job growth and help emerging companies raise funds. As of 2023, there were 139 BDCs with $312 ...

Top of the Agenda - Succession
Vanguard nominates two, as two hit retirement

The Vanguard board expects to add two new independent directors in early 2025 to fill seats that will be vacated when two long-serving independents retire. The ...