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Fidelity offers zero fee index funds, surprising for a company aiming to help small investors. However, there are catches to consider before investing. In 2018, Fidelity introduced four such funds, and a comparison to fee-based competitors is necessary. The video delves into the details behind these funds, suggesting that they may not be as straightforward as they seem. It's advised not to sell these funds, as they still may be better than other options in the market.