
Thanks for the tag, @HnieJo.
We first want to clarify that an ETF service fee is a fee applied by Fidelity to ETF sponsors whose economics are not deemed sufficient to cover the cost of fund key operations, technology, and client support that help maintain Fidelity’s open architecture platform. This ETF service fee may be applied on buys of a limited number of ETFs where the applicable sponsor does not pay a sufficient support fee.
That said, the fee will only apply when an account purchases an ETF identified on the Service fee Eligible ETF list, regardless of when or where the position may have initially been established. There is not a continuous charge to hold the position, nor is there a charge to continue holding any shares you currently own. The fee will be displayed as a trade warning message and on the trade confirmation.
You can always status impacted ETFs via the link below.
Service Fee Eligible ETFs (PDF): fidelity.com/bin-public/060…
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