Effective January 1, 2013, Fidelity also will reduce total net expenses on eight of its Spartan Index funds: Spartan 500 Index Fund, Spartan Total Market Index Fund, Spartan Emerging Markets Index Fund, Spartan Global ex U.S. Index Fund, Spartan Mid Cap Index Fund, Spartan Real Estate Index Fund, Spartan Small Cap Index Fund and Spartan U.S. Bond Index Fund.
For Fidelity’s 14 Spartan index funds, the Investor Class investment minimum will be lowered from $10,000 to $2,500, while the Fidelity Advantage Class will be lowered from $100,000 to $10,000.The Investor Class and Fidelity Advantage Class are retail share classes available to retail investors and retirement plans.
Investment minimums also were lowered for eight other Fidelity funds from $10,000 to $2,500. Those funds are the Fidelity Four-in-One Index Fund, Nasdaq Composite Index Fund, International Enhanced Index Fund, Large Cap Core Enhanced Index Fund, Large Cap Growth Enhanced Index Fund, Large Cap Value Enhanced Index Fund, Mid Cap Enhanced Index Fund and Small Cap Enhanced Index Fund.