• Print
  • Default text size A
  • Larger text size A
  • Largest text size A

Estate Account

With an estate account, you manage investments on behalf of an estate to help protect assets and make distributions.

Estate account features

Fees

No annual account fees, no trading fees for most Fidelity mutual funds, and online stock commissions on U.S. equity trades are only $7.95,1 lower than Schwab, TD Ameritrade, and E*Trade2

Investment offerings

Stocks, bonds, and options; more than 1,400 no-load funds from Fidelity and other fund companies; and ETFs, including 65 from iShares® and 10 from Fidelity, available to buy commission-free online

Support

Access to knowledgeable representatives

Research and tools

Free independent research from more than 20 providers

Ease of use

Online access to the account so you can move money into the account and use our free Fidelity BillPay® service

Only $2,500 minimum investment required

Many easy ways to deposit money in the account, including transferring funds from a bank or another financial institution, using direct deposit, or check

Uninvested cash

Uninvested cash in your account is held in what is known as a core position. Think of your core position as a place where money is held before you invest it or distribute it from your account. For an estate account, you may choose one of many core positions:

  • FCASH, an interest-bearing cash account, is the default core position, where your money is held unless you specify otherwise. You should use this account for cash you’re getting ready to reinvest; it is not intended solely for the purpose of earning interest. If you don’t intend to invest right away, then consider investment alternatives designed for your investment time frame for that money.
  • Fidelity Government Money Market Fund (SPAXX), a taxable mutual fund investing in U.S. Government Agency and Treasury debt, and related repurchase/reverse repurchase agreements. Intended for investors seeking as high a level of current income as is consistent with the preservation of capital and liquidity.

Free commission offer applies to online purchases of Fidelity ETFs and select iShares ETFs in a Fidelity brokerage account. Fidelity accounts may require minimum balances. The sale of ETFs is subject to an activity assessment fee (from $0.01 to $0.03 per $1,000 of principal). iShares ETFs and Fidelity ETFs are subject to a short-term trading fee by Fidelity if held less than 30 days.

ETFs are subject to market fluctuation and the risks of their underlying investments. ETFs are subject to management fees and other expenses. Unlike mutual funds, ETF shares are bought and sold at market price, which may be higher or lower than their NAV, and are not individually redeemed from the fund.
An investment in a money market fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although the fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in the fund.
1. $7.95 commission applies to online U.S. equity trades in a Fidelity account with a minimum opening balance of $2,500 for Fidelity Brokerage Services LLC retail clients. Sell orders are subject to an activity assessment fee (of between $0.01 to $0.03 per $1000 of principal). Other conditions may apply. See Fidelity.com/commissions for details.
2. Commission comparison based upon published website commission schedules, as of 2/1/2013, for E*Trade, Schwab, and TD Ameritrade for online U.S. equity trades. For E*Trade: $9.99 per trade for 0-149, $7.99 per trade for 150 to 1,499 and $6.99 per trade for 1,500 or more trades per quarter. For Schwab: $8.95 for up to 999,999 shares per trade, though orders of 10,000 or more shares or greater than $500,000 may be eligible for special pricing. For TD Ameritrade: $9.99 per market or limit order trade for an unlimited amount of shares.
Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information.  Read it carefully.
638250.3.0
close

core position

where your money is held until you invest it or distribute it from your account; money in your core position is used for buying and selling securities and to process checks, electronic funds transfers (EFTs), cash transactions, wire transfers, deposits, authorized credit card transactions, and Fidelity BillPay®, if available on your account