Bloomberg: Fidelity to Charge New Fees to Nine ETF Companies

ChainCatcher news, according to Bloomberg, Fidelity will impose new fees on ETFs issued by 9 companies, including Simplify Asset Management and AXS Investments, to cover the costs of listed products.

Under this plan, which will take effect on June 3, investors will be charged a service fee of $100 when placing buy orders for a range of exchange-traded strategy products. Companies such as Day Hagan, Sterling Capital, Cambiar, Regents Park, Rayliant, Adaptive, and Running Oak are also included in the list of ETFs subject to the additional fee. Furthermore, this list will be updated regularly and may change before the plan takes effect.