Boston - based Fidelity Investments has lifted some fees on 75 funds and increased the number of mutual fund accounts exempt from fees , in a move that has been called " unique and fairly aggressive " . While the rules forbidding excessive trading remain in place , it has made the decision to try to counter the growth of exchange - traded funds , which have seen liquidity increasingly move away from traditional funds . " Mutual - fund companies would like to recoup some of that money , " said Todd Rosenbluth , director of ETF and mutual fund research at CFRA .
Boston-based Fidelity Investments has lifted some fees on 75 funds and expanded the number of mutual trading funds exempt from fees, in a move that has been called "unique and fairly aggressive". While the rules forbidding excessive trading remain in place, Fidelity has made the decision to try to counter the growth of exchange-traded funds, which have seen liquidity increasingly move away from traditional funds. "Mutual-fund companies would like to recoup some of that money," said Todd Rosenbluth, director of ETF and mutual fund research at CFRA.