E*TRADE to Rebate Fund Fees: Online broker E*Trade announced plans to rebate half of the fees that it usually collects from its mutual fund shareholder customers to lure investors.
E*Trade said that rebating will begin by the end of the year. The company said that the semiannual rebate will be available to all customers regardless of asset size; however, fund shareholders have to maintain any account minimums and purchase requirements established by individual fund companies.
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