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.

 

 

Most Read

Top of the Agenda - Governance
Schwab Funds board recruits ahead of retirement

The board overseeing mutual and exchange-traded funds managed by Charles Schwab Investment Management is in recruitment mode to fill a seat that will be vacated by ...