Fidelity’s new service charge poses ‘existential’ threat to some ETFs

Some asset managers may decide it’s worth their while to bow to Fidelity Investments’ support agreement and hand over some of the revenue that their exchange-traded funds collect via its brokerage platform — that is, if they haven’t decided to do so already.
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[mwai_chat context=”Let’s have a discussion about this article:nnSome asset managers may decide it’s worth their while to bow to Fidelity Investments