C000055928 Fees and Costs — Fidelity International Enhanced Index Fund
Data updated: 2023-11-13
The net expense ratio is 0.55%. There are no sales loads or redemption fees. In fiscal 2023 the fund paid $1.4M in broker commissions, 0.0952% of average net assets, and portfolio turnover was 114%.
C000055928 Fees and Expenses
Annual operating expenses and sales charges of C000055928. Prospectus, as of October 31, 2022.
| Annual operating expenses | |
|---|---|
| Management fee | 0.55% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.55% |
| Fee waiver | — |
| Net expense ratio | 0.55% |
| 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 |
C000055928 Costs Over Time
On $10,000 invested in C000055928, assuming 5% a year before costs, total costs come to $406 over 5 years, cutting the return by 0.68% 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 0.55%) | $58 | $181 | $315 |
| Trading costs (broker commissions) | $10 | $31 | $54 |
| Lost growth on money paid in costs | $0 | $10 | $37 |
| Total costs | $68 | $223 | $406 |
| Value after costs | $10,432 | $11,354 | $12,356 |
| Impact on return, per year | 0.68% | 0.68% | 0.68% |
C000055928 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): 0.0952%
- Total broker commissions: $1.4M
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 114%
- Securities on loan, average value: $15.3M
- Net income from securities lending: $307K (0.020% of average net assets)
C000055928 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY | $322K | 22.53% |
| CITIGROUP INC | $248K | 17.34% |
| JPMORGAN CHASE and CO | $222K | 15.52% |
| GOLDMAN SACHS GROUP INC (THE) | $211K | 14.76% |
| BANK OF AMERICA CORPORATION | $204K | 14.23% |
| UBS GROUP AG | $122K | 8.55% |
| MACQUARIE GROUP LTD | $63K | 4.40% |
| CREDIT SUISSE GRP AG | $17K | 1.21% |
| JEFFERIES GROUP LLC | $11K | 0.76% |
| BARCLAYS PLC | $10K | 0.69% |
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.