Should I move from Fidelity’s managed FFFFX to unmanaged FBIFX? performance is very similar, but expense ratio is much less.
Should I move from Fidelity's managed FFFFX to unmanaged FBIFX? performance is very similar, but expense ratio is much less. I park my retirement savings in a 403b and a Roth at Fidelity, both investing in a target date index fund: Fidelity Freedom 2040 (FFFFX). I just found out that FFFFX is a managed fund that has a net expense ratio of 0.74%. I see Fidelity has another target date index fund FBIFX, also tied to the S&P500 but is unmanaged. It has very similar perfo...