Why You Should Think Twice About ‘Free’ Funds

Image Credit: Alex Nabaum
Image Credit: Alex Nabaum

The best things in life may be free, but free investing can carry a cost.

On Feb. 25, SoFi, an online financial-services firm, filed a preliminary prospectus for four exchange-traded funds, including two that will charge no management fees. That comes after Fidelity Investments’ zero-fee mutual funds took in nearly $3 billion in the last five months of 2018, according to the firm.

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This article was originally published on The Wall Street Journal.


Further reading

Benjamin Graham, The Intelligent Investor