Fidelity Investments said it has lowered the charges on the funds it sells through banks, brokerages, and insurance companies.

About $21.6 billion of the $356.6 billion in assets that Fidelity manages come from its family of Advisor funds. These portfolios have sales charges to compensate brokers for investment advice.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.