Fidelity Offers 2 No-Fee Funds As ‘Bait,’ Accelerating Price War.

The article reports on the recent introduction by Fidelity of two new index mutual funds that have no fees whatsoever. Topics discussed include a claim by analysts that the promise of no fees puts the company in a position to sell other products and services, the pressure it puts on other index-fund providers to lower fees, and an emerging industry trend toward lower-cost investing.