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Fidelity Investments, one of the world’s largest mutual fund companies, is rolling out a new $300 annual fee to fund managers.

The fee will be applied to each fund manager’s annual fee, not just the fund’s management fees.

The new fee will cost $1.50 per fund manager.

Fidelity says the fee is designed to help fund managers better manage risk, manage portfolios and maximize returns.

The fee is expected to raise about $1 billion in revenue annually, Fidelity’s chief financial officer, John H. Rieke, told reporters Thursday.

The fees are based on the size of the funds and are not adjusted for inflation, which helps fund managers keep pace with inflation.

Fiduciary ResponsibilityFiduciaries of mutual fund managers will be required to disclose their financial interest and liability in the fund management contracts that fund managers sign.

The new fee comes after Fidelity said in a recent filing with the Securities and Exchange Commission that it had increased its fee from $20 to $25 in the last few years.

The agency had raised concerns that the fee was too low, though it has not publicly discussed the issue.

The agency has also been pushing for more disclosure and transparency of fund managers’ compensation packages, though many have resisted the push.