{"id":251,"date":"2007-10-17T03:11:25","date_gmt":"2007-10-17T03:11:25","guid":{"rendered":"https:\/\/www.stockbrokerfraudblog.com\/2007\/10\/fidelity_investments_offers_re_1"},"modified":"2021-11-12T13:08:33","modified_gmt":"2021-11-12T19:08:33","slug":"fidelity-investments-offers-re-1","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/fidelity-investments-offers-re-1\/","title":{"rendered":"Fidelity Investments and The Vanguard Group Offer Retirees Managed-Payout Funds"},"content":{"rendered":"

\t\t\t\tFidelity Investments has launched 11 funds focused on generating steady income for retired seniors. The launch followed a similar launch by The Vanguard Group Inc., who will launch three similar funds in the next couple of months. Fidelity and Vanguard are the largest and second largest mutual funds in the country. <\/p>\n

The move by both companies will likely force competitors to do the same. Industry experts say that they expect fund companies with a solid 401 (k) plan market to announce similar fund launches. <\/p>\n

However, a number of major fund companies have only admitted to closely monitoring open-end managed-payout funds. This type of fund has been part of a number of closed-end funds for awhile. However, closed-end funds only appeal to a small section of investors. <\/p>\n

Continue Reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"

Fidelity Investments has launched 11 funds focused on generating steady income for retired seniors. The launch followed a similar launch by The Vanguard Group Inc., who will launch three similar funds in the next couple of months. Fidelity and Vanguard are the largest and second largest mutual funds in the country. The move by both […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3819],"tags":[],"class_list":["post-251","post","type-post","status-publish","format-standard","hentry","category-fidelity"],"yoast_head":"\nFidelity Investments and The Vanguard Group Offer Retirees Managed-Payout Funds — Investor Lawyers Blog — October 17, 2007<\/title>\n<meta name=\"description\" content=\"Fidelity Investments has launched 11 funds focused on generating steady income for retired seniors. 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