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Financial Times

Fidelity’s no-fee fund triggers mix of alarm and calls for calm

By Robin Wigglesworth

Some revenues can be generated through lending out shares to short-sellers, but attracting newcustomers was the most plausible economic rationale, said Adam Grealish, an analyst atBetterment. “It’s a bit like lowering the cost of your aeroplane tickets but charging more for carry-on luggage.”

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This article originally published August 7th, 2018 on Financial Times


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