Effective September 1, the minimum initial investment requirement for the U.S Bond Index Fund will be reduced to $10,000 from $100,000. In addition, the fund's expense cap of 0.32% will be fixed at that level contractually, which means expenses cannot be raised without a vote of the fund's board of trustees.
Fidelity also said that, effective today, it is rebranding a number of its "Spartan" money market and bond funds with the "Fidelity" name, and standardizing the minimum investments for the money market portfolios at $25,000
*The Minimum Initial Investment on the following five funds is lowered to $25,000 from $100,000:
| Former Name | New Name |
| Fidelity Spartan Municipal Money Fund (FIMXX) | Fidelity AMT Tax-Free Money Fund |
| Fidelity Spartan California Municipal Money Market Fund (FSPXX) | Fidelity California AMT Tax-Free Money Market Fund |
| Fidelity Spartan Massachusetts Municipal Money Market Fund (FMSXX) | Fidelity Massachusetts AMT Tax-Free Money Market Fund |
| Fidelity Spartan New Jersey Municipal Money Market Fund (FSJXX) | Fidelity New Jersey AMT Tax-Free Money Market Fund |
| Fidelity Spartan New York Municipal Money Market Fund (FSNXX) | Fidelity New York AMT Tax-Free Money Market Fund |
*The Minimum Initial Investment on the following three funds is raised to $25,000 from $20,000:
