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Fidelity notifies nine ETF companies that new fees will be charged soon

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2024-03-29 01:09:52
According to a document seen by Bloomberg, Fidelity Investment will impose new fees on ETFs issued by nine companies, including Simplify Asset Management Inc. and AXS Investments, to meet the cost of listed products. According to the plan, which will take effect on June 3rd, investors will face a service fee of $100 when placing orders for a series of exchange trading strategies. The customer notified that the new fee applies to a few companies that do not participate in Fidelity's maintenance arrangements.
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