According to Foresight News, Fidelity will impose new fees on ETFs issued by nine companies, including Simplify Asset Management and AXS Investments, to cover the costs of listed products. Under the plan, which will take effect on June 3, investors will be charged a $100 service fee when placing buy orders for a range of exchange-traded strategy products. ETFs from Day Hagan, Sterling Capital, Cambiar, Regents Park, Rayliant, Adaptive, and Running Oak are also included in the list of those subject to additional fees. Furthermore, the list will be updated regularly and may change before the plan takes effect.
