Fidelity’s new fees means it’ll only profit when shareholders do


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Originally published at: https://whichinvestmenttrust.com/fidelitys-new-fees-means-itll-only-profit-when-shareholders-do/

The American investment goliath has proposed a new fee structure to challenge the growth of low cost passive funds in a move that also adds pressure to rivals. Fidelity International’s new fee structure moves them away from the traditional ‘flat fee’ structure, whereby the manager earns a fixed percentage of net or sometimes gross assets,…