C000013187 Fees and Costs — Fidelity Advisor Freedom 2005 Fund, Class M
Data updated: 2024-06-14
The net expense ratio is 0.97%: a 0.47% management fee plus a 0.50% 12b-1 fee. This share class carries a maximum front-end sales load of 3.50%. In fiscal 2024 the fund paid $1K in broker commissions, 0.0013% of average net assets, and portfolio turnover was 22%.
C000013187 Fees and Expenses
Annual operating expenses and sales charges of C000013187. Prospectus, as of May 31, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.47% |
| 12b-1 fee | 0.50% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.97% |
| Fee waiver | — |
| Net expense ratio | 0.97% |
| Sales charges | |
|---|---|
| Max front load | 3.50% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
C000013187 Costs Over Time
On $10,000 invested in C000013187, assuming 5% a year before costs, total costs come to $1,033 over 5 years, cutting the return by 1.76% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Sales charges | $350 | $350 | $350 |
| Fund expenses (net expense ratio 0.97%) | $98 | $307 | $532 |
| Trading costs (broker commissions) | $0 | $0 | $1 |
| Lost growth on money paid in costs | $17 | $70 | $150 |
| Total costs | $466 | $728 | $1,033 |
| Value after costs | $10,034 | $10,849 | $11,729 |
| Impact on return, per year | 4.66% | 2.25% | 1.76% |
C000013187 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.0013%
- Total broker commissions: $1K
- Bought from dealers (principal trades, not a cost): $712K
- Portfolio turnover (prospectus): 22%
- Securities lending: none during the year
C000013187 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY | $1K | 81.21% |
| GOLDMAN SACHS GROUP INC (THE) | $162 | 12.95% |
| UBS GROUP AG | $42 | 3.36% |
| BARCLAYS PLC | $20 | 1.62% |
| BANK OF AMERICA CORPORATION | $11 | 0.86% |
C000013187 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| NOMURA HOLDINGS INC | $188K | 26.49% |
| WELLS FARGO and CO | $178K | 24.96% |
| CITIGROUP INC | $158K | 22.19% |
| DEUTSCHE BANK AG | $158K | 22.18% |
| DAIWA SECURITIES GROUP INC | $20K | 2.78% |
| JPMORGAN CHASE and CO | $10K | 1.40% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.