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

https://www.marketwatch.com/story/fidelitys-new-service-charge-poses-existential-threat-to-some-etfs-f763b0eb?mod=mw_rss_topstories
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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