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Different Styles: Lots of Small Funds Vs. Just a Few Huge Funds
It’s worth noting that fund complexes behave and bill with very different mind-sets. Fidelity is huge. They have literally thousands of funds. Most of them are not very large. Small funds start out with very high fees. In practice, those signing up to buy funds inside the Fidelity complex get to pool their assets and achieve cheaper break points for fees but those who don’t or who just come into that one small fund, pay high fee...
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