Just check on them so you can be amazed at the low fees you’ll find. The Vanguard 500 Fund, for example, has an expense ratio of just 0.12%. Low cost, indeed. If you choose to go the route of active management instead of indexing, you pay for the possibility of outperformance. Investors can buy low-cost index funds for pennies on the dollar, or nothing at all. Fidelity Investments recently won the race to zero fees with their no-fee index funds. The Fidelity Zero expense ratio funds are a collection of four mutual funds with zero expense ratios and no minimums to invest. The low-cost disruptor. Schwab entered the ETF market less than a decade ago, but it has worked hard to develop a reputation as a low-cost provider of exchange-traded funds. The financial giant has brought out an array of ETFs and traditional index mutual funds with rock-bottom expenses and no minimum investments,