In the Margins

Fidelity nixes short-term fund trading fees

December 16, 2016

By The Wall Street Journal

Fidelity Investments is removing short-term trading fees for 75 funds, a response to the growing popularity of low-cost exchange-traded funds. These redemption fees, charged to shareholders who withdraw their money within a given time horizon, are paid back to the fund, benefiting remaining shareholders. Read the original story from The Wall Street Journal.