Fidelity

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Fidelity Investments is the marketing name for FMR LLC, a giant Boston-based mutual fund company and financial supermarket, and Vanguard's biggest competitor in recent years. Fidelity is sometimes credited with transforming the mutual fund business from a stodgy conservative world of funds managed by committee into the model of active funds managed by stock-picking superstar managers.

Boglehead-style investing at Fidelity
The building blocks of Boglehead-style investing are low-expense-ratio index mutual funds and/or ETFs. Vanguard fans would suggest that Vanguard has the best and most complete lineup of such funds, and that the most convenient place to hold Vanguard mutual funds is directly at Vanguard. Thus, the Bogleheads forum and Wiki tends to be Vanguard-oriented.

But investing according to the Boglehead philosophy certainly does not require you to invest at Vanguard or use Vanguard products. Here are some notes on how to do it at Fidelity. Writers have striven for accuracy, but investors should verify information before taking action. Unlike Vanguard, Fidelity had removed the minimum investments to purchase any of its mutual funds available for retail investors.

Fidelity also provides a comparison of its funds to Vanguard. See: Fidelity Redefines Investing Appendix, Fidelity Investments, August, 2018.

Tools for Boglehead-style investing
The following tables show the rough correspondence between Vanguard Admiral Class funds and low-cost no transaction fee mutual funds and commission-free ETFs available at Fidelity. In many cases they track different indexes and are not precisely equivalent. See the appropriate asset class article in index returns for historical return comparisons among various indexes.

Fidelity tips, links, and general orientation
The default account at Fidelity is a full-featured brokerage account. You can buy mutual funds (Fidelity and non-Fidelity funds), ETFs, individual stocks, bonds, brokered CDs, along with options and precious metals, all within the same Fidelity account. As of April 2015:


 * The Fidelity Account® is a top-level overview of the brokerage account services.


 * Trading Commissions and Margin Rates describes fees and commissions.


 * Investment Choices details the investments available through Fidelity.


 * Browse Fidelity Funds is a structured overview of 283 Fidelity funds (as of April 28, 2015).


 * Fund Picks From Fidelity® screens selections for funds Fidelity wants you to know about. The funds meet certain selection criteria, such as no transaction fees (see website for details) or having a high historical risk-adjusted return.


 * Fidelity: one stop shop summarizes a Bogleheads forum discussion on using Fidelity for banking and investing needs.