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Rating:A Wonderful Performance Not Rated 3.0 Email Routing List Email & Route  Print Print
Tuesday, March 20, 2007

A Wonderful Performance

by: Erin Kello

Fidelity has decided to introduce performance-based fees for 19 of it's funds. Bloomberg learned that the funds would add an extra 20 basis points if they beat benchmarks over three years. These fees will sweeten the deal for fund managers leading them to generate better returns for shareholders, so the thought process goes. 

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