Fidelity Introduces DIY Indexing

Investment News headline: With Solo FidFolios, do-it-yourself investors can create their own custom index, either by starting from scratch or choosing one of 13 thematic stock models and adding or subtracting stocks and updating weights.

June 21, 2022
By InvestmentNews…

Fidelity Investments has launched a digital platform that allows do-it-yourself investors to create their own custom index, either by designing an index from scratch or selecting from 13 thematic stock models built by Fidelity analysts and then adding or removing stocks or updating weights.

Branded as Fidelity Solo FidFolios and leveraging the use of fractional shares, the solution will be rolled out over the coming weeks.