Fidelity Solo FidFolios^SM FAQs

Fidelity Solo FidFolios℠ offer an enhanced brokerage experience that lets you create your own custom index with a basket of stocks and ETFs based on what matters to you—your values, a specific theme, or perhaps the latest trends—with the benefits of direct ownership, no expense ratios, and the ease of adding and removing securities, unlike investing in individual mutual funds or ETFs.

And at the same time, you're in control, have the opportunity for growth potential and diversification across a range of securities, and can enjoy the ease of one-click trading and monitoring through a personalized dashboard.

With Fidelity Solo FidFolios^SM you have the choice to create a basket with stocks, ETFs, or both stocks and ETFs.

Fidelity Solo FidFolios℠ are an enhancement to an existing Fidelity brokerage account with just a $4.99/month enrollment fee. There are no additional account fees, trade commissions, or account minimums and you can invest as little as $1.00 per stock or ETF and create as many baskets as you'd like.

If you have a joint brokerage account, note that enrollment is at the individual level so each person that wants access to the features of Fidelity Solo FidFolios would need to enroll.

Fidelity Solo FidFolios℠ are an enhancement to your existing brokerage experience and can be used with most of your current brokerage account trading, so you do not need to open a new brokerage account to enroll.

If you have a joint brokerage account, note that enrollment is at the individual level so each person that wants access to the features of Fidelity Solo FidFolios would need to enroll.

If you enroll but your joint account holder does not, only you will be able to view and trade, make any edits, or manage your basket. Your joint account holder will just be able to view holdings in their basket individually, as they would any other positions in the account.

Fidelity Solo FidFolios℠ can be used in all your nonretirement brokerage accounts, including HSA and cash management, just as you invest today. Traditional IRAs, Roth IRAs, and rollover IRAs are also eligible for Fidelity Solo FidFolios. Other retirement accounts (such as inherited IRAs and Keogh accounts) are currently ineligible.

If you have a joint brokerage account, note that enrollment is at the individual level so each person that wants access to the features of Fidelity Solo FidFolios would need to enroll.

Fidelity Solo FidFolios℠ are a new way to invest in what matters to you with features that make it easy for you to be in control. You'll be able to:

• Create your own custom index with a basket of stocks and ETFs.
• Choose from theme-based models such as AI and clean energy built by our analysts and easily rebalance with one click to trade.
• Customize your index, adding and removing stocks and ETFs, and invest in up to 50 securities with one click to trade.
• Monitor, track, and manage with a personalized dashboard alongside your other investments.
• View analytics and save time with our easy-to-use rebalance feature.

If you have a joint brokerage account and want to invest in Fidelity Solo FidFolios^SM, you can. Just note that the enrollment is at the individual level so each person that wants access would need to enroll.

For example, if you enroll but your joint account holder does not, only you will be able to view and trade, make any edits, or manage your basket. Your joint account holder will just be able to view the holdings in the basket individually as they would any other positions in the account.

To create a custom index with Fidelity Solo FidFolios℠ you select a group of stocks and ETFs that you want to invest in based on whatever theme you choose—a Fidelity model, which you can customize, or just create your own—then determine the percentage weighting of each investment and invest all in a single basket.

Fractional shares are portions of full shares.

When creating your own custom index with Fidelity Solo FidFolios℠, fractional shares enable you to allocate a percentage or dollar amount you want to an individual security without having to figure out how many whole shares you can buy with your investment amount. Fractional shares allow you to invest your money across a larger number of securities.

You can place market orders with Fidelity Solo FidFolios℠.

You can generally trade exchange-listed National Market System stocks with Fidelity Solo FidFolios℠, including most common stocks, American Depository Receipts (ADRs), and preferred securities. Foreign stocks, options, and other non-equity securities such as mutual funds are ineligible at this time.

With Fidelity Solo FidFolios℠ you can generally create as many baskets as you'd like, across one or more Fidelity brokerage accounts.

Enrolling is your first step and just takes minutes. You'll have access to all the features of Fidelity Solo FidFolios℠ with a 90-day free trial.

One week prior to your free trial end date, you'll receive an email from Fidelity reminding you to confirm that you have a payment method on file. At the end of your free trial, the $4.99 per month enrollment fee will then be charged monthly, unless you decide to cancel.

Learn more with a 90-second video

Or learn more right here. Once enrolled:

• Choose from a proprietary Fidelity theme-based model, customize it if you'd like, or select stocks and ETFs to create your own model.
• Decide how much of each security you want in your model, which brokerage account to invest with, and how much you'd like to invest.
• Name your basket and place your order.
• Want to make changes?
  • Go to your personalized dashboard, select Manage, and make your move.
  • Easily rebalance, invest more, invest less, or edit your basket model.
  • Place your trade with one click and you're done.

A basket model is the foundation of your custom index. It's the securities that you've chosen and their weights, which you can update at any time. To create your custom index, you invest in your model.

A Fidelity Solo FidFolios℠ theme-based model is made up of a group of stocks that belong to a specific industry index or share a common theme. For ease, we’ve split our models into 2 categories, offering you the opportunity to:

Choose from a range of thematic models

These models follow long-term trends and themes, focusing on potential opportunities created by economic, technological, and social development.

Focus on sector and income models

These models offer targeted exposure to companies in specific segments of the economy that can help you pursue income, growth, diversification, and managing risk.

Models may be helpful as a starting point when beginning to explore, research, and build your own investment portfolio as you can easily view and track the model's performance. These models are not a recommendation. You must make your own determination as to which securities to purchase or investment strategies to follow.

Yes, you can always customize your model. Easily add or remove securities, and even change the allocation—weight of each security in your model—to create your own custom model.

Yes, when creating a basket, you're purchasing individual securities using your cash available to trade or margin buying power.

A security that you already own cannot be added to your basket at this time. However, you can own the same security both inside and outside of your basket, if you choose.

Check out our infographic

On a regular basis our team reviews the entire process to ensure that themes and securities are still relevant, adjusting each model's weights as well as adding and removing securities if deemed appropriate.

Yes, our team adjusts each model's weights monthly based on market movement and reviews the entire process on a quarterly basis—to ensure themes and securities are still relevant. Periodically, some securities may be added or removed. We review data (Natural Language Processing and data sets) to, among other things, ensure that the themes and securities are still relevant. Throughout the year, our Fidelity models are also reviewed for quality filters and corporate actions.

We are working to provide proactive notifications of any updates to an existing Fidelity model to help you keep your investments aligned. Until this feature is available, please check your model periodically for updates.

Enrollment is through web only at this time but once enrolled, please feel free to experience Fidelity Solo FidFolios℠ through either the web or the Fidelity app.

Your enrollment fee will be charged monthly to your payment method on file, on your renewal date. The charge will appear on the statement as My Fidelity Enrollment.

When you enroll you have full access to all the features of Fidelity Solo FidFolios℠ for free, for 90 days. At the end of your 90-day free trial we will begin to charge $4.99/month to the payment method you provided to us for your enrollment fee. If, however, you cancel within the 90 days, you will not be charged at all.

A payment method can be added as part of the enrollment process or anytime prior to your free trial end date to ensure continued enrollment.

To add a payment, start from your basket dashboard in a web browser. Then just 2 steps. Select:

• Manage enrollment
• Update payment method

To learn how to access your basket dashboard, visit our Making changes to my basket section

Canceling your enrollment is easy, though we'd hate to see you give up access to all the features of Fidelity Solo FidFolios℠.

To cancel, start from your basket dashboard in a web browser—you can get there from your positions page. Then just 2 steps. Select:

• "Manage enrollment"
• "Cancel enrollment"

But remember, you can reenroll at any time!

Note: Enrollment changes are through web only at this time.

When canceling enrollment, at the end of your monthly billing period you will no longer have access to any of the features of Fidelity Solo FidFolios℠ including editing, monitoring, and managing your models or baskets. Positions in existing baskets will appear individually in your account and may be traded as you do any other securities. Should you change your mind, you can reenroll at any time.

We're keeping it simple. With just a single Fidelity Solo FidFolios℠ enrollment plan you'll have full access to all the features that we've shared.

From the web: Visit your Positions page, select Fidelity Solo FidFolios^SM (top left, above the table) or click an individual basket position and select Manage baskets and either way, you'll land on your personalized dashboard. To make changes to your basket, select Manage, where you'll have easy access to rebalance to basket model, invest more, invest less, and edit basket model.

You can also access your dashboard from your All accounts & individual account Summary pages.

From the Fidelity app: Go to your Investing tab, select the account with the basket, scroll down and tap on your basket in the Fidelity Solo FidFolios^SM section, and you'll land on your Basket details. To make changes to your basket, select Manage, where you'll have easy access to rebalance to basket model, invest more, invest less, and edit basket model.

Your basket model is the securities that you've chosen and their weights. To rebalance to your basket model, go to your personalized dashboard and select Manage. Then it's 2 quick steps.

• Select "Rebalance to basket model"
• "Place order"

To invest more money, buying more of some or all your holdings, go to your personalized dashboard and select Manage. Then just follow these steps. 

• Select "Invest more" and decide:
  • How you'd like to invest more in your basket
    • "Use model weights"—add money based on your model allocation
    • "Allocate to specific holding"—add money to a single holding or divide among multiple holdings
  • How much you'd like to invest

• "Place order"

Yes, you can easily add money to specific holdings. Go to your personalized dashboard, select Manage, "Invest more," and then follow the rest of the steps above to invest more.

To invest less money, selling a portion of some or all your holdings, go to your personalized dashboard and select Manage. Then just follow these steps.

• Select "Invest less" and decide:
  • How you'd like to sell from your basket
    • "Use current weights"—take money out based on your current allocation
    • "Sell specific holdings"—take money out of a single holding or multiple holdings
    • "Sell entire basket"—take all the money out of your basket
  • How much you'd like to sell

• "Place order"

Yes, you can sell a portion of a specific holding or multiple holdings. Go to your personalized dashboard, select Manage, "Invest less," and then follow the rest of the steps above to invest less.

When you sell your entire basket, all holdings within the basket will be sold and the underlying model for the basket will be deleted. All proceeds from the sale will go into the core position in your account. At any time while enrolled, you can start again, build a model, and create a new basket.

To edit your model, modifying model weights and/or holdings, go to your personalized dashboard and select Manage. Then just follow these quick steps.

• Select "Edit basket model"
• Decide how you'd like to edit your basket model:
  • "Set my own model weights"—adjust your model allocation. Add and/or remove symbols.
  • "Update to latest Fidelity model"—update your allocation to match the latest for your Fidelity model.

You can add one or more eligible securities while creating a new basket or editing an existing basket model by selecting "Add from watch list." To view eligible securities, visit our Investing and trading section

You can also create a new basket using an entire watch list by selecting "Use a saved watch list."

Select the Save option and the securities that you've picked and their weights within the model will be saved to use now or later when creating a basket.

You can also update the securities or weights of a previously saved model by selecting "Use a saved watch list."

Saving a customized theme-based model is not currently available.

When creating a new basket just select "Use a saved watch list" to invest using your saved model.

You can use your saved model to create a basket in as many eligible brokerage accounts as you'd like. To view eligible accounts, visit our Learning the basics of Fidelity Solo FidFolios section

The ability to save a basket model that you've built offers quite a few benefits.

• Investing when you're ready is quicker. You'll be a step ahead with quick access to not only the list of securities that you want to invest in but also their weights.
• Researching securities and keeping track of them to invest later is easier. Even when the market is closed—you can do your research and build your model.
• Being able to use your saved model across multiple accounts is handy. Your saved model is available for you to use in any of your eligible accounts. To view eligible brokerage accounts, visit our Learning the basics of Fidelity Solo FidFolios section