C000043697 Fees and Costs — Fidelity Large Cap Value Enhanced Index Fund
Data updated: 2023-11-13
The net expense ratio is 0.39%. There are no sales loads or redemption fees. In fiscal 2023 the fund paid $1.9M in broker commissions, 0.0342% of average net assets, and portfolio turnover was 112%.
C000043697 Fees and Expenses
Annual operating expenses and sales charges of C000043697. Prospectus, as of October 31, 2022.
| Annual operating expenses | |
|---|---|
| Management fee | 0.39% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.39% |
| Fee waiver | — |
| Net expense ratio | 0.39% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
C000043697 Costs Over Time
On $10,000 invested in C000043697, assuming 5% a year before costs, total costs come to $268 over 5 years, cutting the return by 0.45% 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 |
| Fund expenses (net expense ratio 0.39%) | $41 | $129 | $224 |
| Trading costs (broker commissions) | $4 | $11 | $20 |
| Lost growth on money paid in costs | $0 | $7 | $24 |
| Total costs | $45 | $147 | $268 |
| Value after costs | $10,455 | $11,430 | $12,494 |
| Impact on return, per year | 0.45% | 0.45% | 0.45% |
C000043697 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2023.
- Explicit cost rate (commissions ÷ average net assets): 0.0342%
- Total broker commissions: $1.9M
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 112%
- Securities on loan, average value: $28.8M
- Net income from securities lending: $194K (0.003% of average net assets)
C000043697 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BANK OF AMERICA CORPORATION | $564K | 29.89% |
| MORGAN STANLEY | $551K | 29.18% |
| JPMORGAN CHASE and CO | $357K | 18.92% |
| CREDIT SUISSE GRP AG | $248K | 13.14% |
| GOLDMAN SACHS GROUP INC (THE) | $141K | 7.49% |
| UBS GROUP AG | $14K | 0.72% |
| VIRTU FINANCIAL INC | $6K | 0.30% |
| ROYAL BANK OF CANADA | $4K | 0.21% |
| SVB FINANCIAL GROUP | $2K | 0.10% |
| BARCLAYS PLC | $1K | 0.05% |
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.