Fidelity - FinTecBuzz

Fidelity Investments® launches Fidelity’s workplace DAA

April 27, 20228 min

New Digital Assets Account Will Meet Growing Employer Demand to Offer 401(k) Investors Access to Bitcoin MicroStrategy Will Be First Employer to Leverage New Product Fidelity Investments®, one of the largest financial services providers, today announced the launch of Fidelity’s workplace Digital Assets Account (DAA), the industry’s first offering that will enable individuals to have a portion of their retirement savings allocated to bitcoin through the core 401(k) plan investment lineup. The innovative new offering, which MicroStrategy...

by BusinessWire

Asset Management

Fidelity® Continues to Deliver Industry-leading Value With Launch of New Index Funds

July 18, 201913 min

Fidelity Investments®, one of the industry’s largest and most experienced providers of both low-cost active and index products, today announced an expansion of its index fund offering. Fidelity, with more than $482 billion in index assets under managementi, is expanding its index offering with the launch of five new mutual funds: Fund Name Ticker Expense Ratio Fidelity Mid Cap Growth Index Fund FMDGX .05% Fidelity Mid Cap Value Index Fund FIMVX .05% Fidelity Small Cap...