I read the fee structure as 0.5% for undeployed capital and 1.5% for deployed portion of capital. Also, its accrued and paid 3 years at a time and Fairfax could choose to get paid in stock vs cash.
"The Administration and Advisory Fee will be an amount equal to the sum of: (i) 1.5% of the Net Asset Value of the Company less the aggregate fair value of any Undeployed Capital; and (ii) 0.5% of the aggregate fair value of any Undeployed Capital. "
I did buy a few shares through Fidelity. Yes. I had to call it in since it's US$ traded on Toronto exchange which cannot be handled online by them - they did charge $50 fee for tine international transaction + $7.95 commission (matched online commission since they do not allow this transaction online).