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I haven't seen this mentioned here, but just noticed the other day that on 10/17/2019, Fidelity announced a new international bond index fund (FBIIX). It tracks the "Bloomberg Barclays Global Aggregate ex-USD Float Adjusted RIC Diversified Index (USD Hedged)." I take it this is essentially equivalent to Vanguard's Total International Bond Index Fund (VTIBX)?
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Appears that way with a cheaper ER as well (0.06 versus 0.11 for the Vanguard mutual fund equivalent). Depending on how this fund tracks it's index it will be another great fund to utilize for your Fidelity portfolio if international bonds are part of your IPS.
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Good to know. I have a Fidelity Account and for my International Bonds have been using the iShares Aggregate International Bond ETF, there were no transaction fees for the purchase. The new Fidelity International Bond Index Fund looks promising but for now I will stick with what I have. Fidelity has an impressive line up of Index funds now. I like it.
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