Personal Investments • anyone wish they hadn't converted Fund to ETF? ...vtsax to vti

What?! Where? They've certainly offered recurring investments for some time. But where are automated withdrawals listed? Have you used this functionality?

Yes, it’s under Reoccurring transfers. It’s been working well …

Are you claiming that you are doing automatic recurring transfers out of your account and Fidelity is automatically selling ETF shares for these transfers?

From the Fidelity web site:
"Eligible investments include your core position (for brokerage IRAs), all Fidelity mutual funds, and non-Fidelity mutual funds available through Fidelity FundsNetwork, where the mutual fund company has agreed to make the fund available for automatic distributions. "

I haven’t tested the automated sale of an ETF, the withdrawals debited my MM fund. Will give my rep a call to see if the ETFs pose a problem.

I confirmed this yesterday, on chat, via phone, and via the Reddit rep. We cannot do this with ETFs at this time.

Statistics: Posted by WoodSpinner — Fri Aug 02, 2024 10:25 am — Replies 43 — Views 4963