C000055929 Fees and Costs — Fidelity Mid Cap Enhanced Index Fund
Data updated: 2023-11-13
The net expense ratio is 0.45%. There are no sales loads or redemption fees. In fiscal 2023 the fund paid $859K in broker commissions, 0.0496% of average net assets, and portfolio turnover was 116%.
C000055929 Fees and Expenses
Annual operating expenses and sales charges of C000055929. Prospectus, as of October 31, 2022.
| Annual operating expenses | |
|---|---|
| Management fee | 0.45% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.45% |
| Fee waiver | — |
| Net expense ratio | 0.45% |
| 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 |
C000055929 Costs Over Time
On $10,000 invested in C000055929, assuming 5% a year before costs, total costs come to $316 over 5 years, cutting the return by 0.52% 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 0.45%) | $47 | $148 | $258 |
| Trading costs (broker commissions) | $5 | $16 | $28 |
| Lost growth on money paid in costs | $0 | $8 | $29 |
| Total costs | $52 | $173 | $316 |
| Value after costs | $10,448 | $11,404 | $12,447 |
| Impact on return, per year | 0.52% | 0.52% | 0.52% |
C000055929 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): 0.0496%
- Total broker commissions: $859K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 116%
- Securities on loan, average value: $18.0M
- Net income from securities lending: $127K (0.007% of average net assets)
C000055929 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| JPMORGAN CHASE and CO | $234K | 27.38% |
| BANK OF AMERICA CORPORATION | $233K | 27.28% |
| MORGAN STANLEY | $201K | 23.49% |
| CREDIT SUISSE GRP AG | $102K | 11.94% |
| GOLDMAN SACHS GROUP INC (THE) | $66K | 7.77% |
| UBS GROUP AG | $10K | 1.13% |
| JEFFERIES FINANCIAL GROUP INC | $3K | 0.40% |
| ROYAL BANK OF CANADA | $2K | 0.25% |
| CITIGROUP INC | $2K | 0.18% |
| VIRTU FINANCIAL INC | $1K | 0.17% |
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.