Re-balance Cycle Reminder All MyPlanIQ’s newsletters are archived here.

For regular SAA and TAA portfolios, the next re-balance will be on Monday, August 20, 2018. You can also find the re-balance calendar for 2017 on ‘Dashboard‘ page once you log in.

As a reminder to expert users: advanced portfolios are still re-balanced based on their original re-balance schedules and they are not the same as those used in Strategic and Tactical Asset Allocation (SAA and TAA) portfolios of a plan.

Please note that we now list the next re-balance date on every portfolio page.

Fidelity Zero-Fee Index Funds

Fidelity made some news last week by announcing it now charges nothing for  two new major stock index funds.The two funds are called Fidelity ZERO Total Market Index Fund (FZROX) and Fidelity ZERO International Index Fund (FZILX). Both funds are tracking Fidelity newly created proprietary indices — FZROX is based on Fidelity U.S. Total Investable Market Index while FZILX is based on Fidelity Global ex U.S. Index.

Marketing plot aside, perhaps more importantly, Fidelity also announced that it has substantially reduced the expense ratios of its existing index funds. Unlike the two zero-fee funds, these funds have existed for a while and they are tracking some well known indices. In a show of how low the expense ratios are, Fidelity compares them with Vanguard funds: 

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