C000043698 Fees and Costs — Fidelity Large Cap Core 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 $644K in broker commissions, 0.0328% of average net assets, and portfolio turnover was 104%.
C000043698 Fees and Expenses
Annual operating expenses and sales charges of C000043698. 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 |
C000043698 Costs Over Time
On $10,000 invested in C000043698, assuming 5% a year before costs, total costs come to $268 over 5 years, cutting the return by 0.44% 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) | $3 | $11 | $19 |
| Lost growth on money paid in costs | $0 | $7 | $24 |
| Total costs | $44 | $146 | $268 |
| Value after costs | $10,456 | $11,430 | $12,495 |
| Impact on return, per year | 0.44% | 0.44% | 0.44% |
C000043698 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): 0.0328%
- Total broker commissions: $644K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 104%
- Securities on loan, average value: $1.9M
- Net income from securities lending: $44K (0.002% of average net assets)
C000043698 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BANK OF AMERICA CORPORATION | $199K | 31.28% |
| MORGAN STANLEY | $181K | 28.48% |
| JPMORGAN CHASE and CO | $106K | 16.65% |
| CREDIT SUISSE GRP AG | $83K | 12.98% |
| GOLDMAN SACHS GROUP INC (THE) | $46K | 7.26% |
| UBS GROUP AG | $8K | 1.28% |
| ROYAL BANK OF CANADA | $8K | 1.21% |
| VIRTU FINANCIAL INC | $2K | 0.35% |
| BARCLAYS PLC | $2K | 0.28% |
| NOMURA HOLDINGS INC | $2K | 0.24% |
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.