MA: Fidelity cuts 529 manager fee
The combined program management and administrative fees have been reduced in the U.Fund College Investing Plan from 0.30% to 0.15% for the plan’s index-fund portfolios and from 0.30% to 0.20% for the plan’s actively-managed portfolios. Total annualized asset-based expenses (inclusive of underlying fee expenses) now range from 0.25% to 0.35% in the index-fund portfolios and from 0.59% to 1.04% in the actively-managed portfolios.
In addition, Fidelity has announced plans to introduce new funds into its age-based portfolios and to increase exposure to international stocks within the equity portions of those portfolios.
Return to 529 News centerIn addition, Fidelity has announced plans to introduce new funds into its age-based portfolios and to increase exposure to international stocks within the equity portions of those portfolios.