Fidelity

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Fidelity Investments, commonly referred to as Fidelity, earlier as Fidelity Management & Research (FMR), is 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.

The building blocks of Boglehead-style investing are low-expense-ratio index mutual funds and/or ETFs, which are available at Fidelity. Investors have access to index funds with zero minimum requirements and very low ERs. Below are some notes on Boglehead-style investing at Fidelity.

Boglehead-style investing at Fidelity
All ETFs are commission-free at Fidelity, enabling use of the entire ETF lineup from Vanguard and iShares.

For mutual fund investors, the following tables show the rough correspondence between Vanguard Admiral Class funds and low-cost no transaction fee mutual funds available at Fidelity. In many cases they track similar indexes from different providers.

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.