Fidelity’s New ETFs Put Vanguard on Notice

Mutual fund giant Fidelity made its first sizable foray into the exchange traded products industry today with the debut of 10 sector ETFs. BlackRock (NYSE: BLK), the largest U.S. asset manager, is the sub-advisor for the Fidelity sector ETFs. Fidelity and iShares already have a partnership that...
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