Fidelity & iShares Commissions: IEI not free?
Posted: Tue Apr 26, 2016 12:09 pm
I'm looking at this page, Fixed Income tab, and I see a lot of commission-free treasury ETFs: SHV, SHY, IEF (7-10 year notes), etc. I don't always remember exactly what fund belongs to what family, but I thought IEI was on that list, and it's not. (3-7 year notes).
I was about to buy some for S.W.I.M.*, and was warned that there would be an $8.95 (or $7.95?) commission, just as if I were buying Apple shares. There's not enough money in her account to warrant anything but free trades.
Is this new, or has IEI never been free?
*This is how young people say Someone Who Isn't Me, although it's usually to avoid the risk of arrest, e.g. "SWIM tried mushrooms the other day.."
I was about to buy some for S.W.I.M.*, and was warned that there would be an $8.95 (or $7.95?) commission, just as if I were buying Apple shares. There's not enough money in her account to warrant anything but free trades.
Is this new, or has IEI never been free?
*This is how young people say Someone Who Isn't Me, although it's usually to avoid the risk of arrest, e.g. "SWIM tried mushrooms the other day.."