C000105583 Fees and Costs — Fidelity Total Emerging Markets Fund
Data updated: 2024-06-28
The net expense ratio is 1.10%: a 0.94% management fee plus 0.16% other expenses. There are no sales loads or redemption fees. In fiscal 2023 the fund paid $175K in broker commissions, 0.0722% of average net assets, and portfolio turnover was 33%.
C000105583 Fees and Expenses
Annual operating expenses and sales charges of C000105583. Prospectus, as of December 31, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.94% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.16% |
| Gross expense ratio | 1.10% |
| Fee waiver | — |
| Net expense ratio | 1.10% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
C000105583 Costs Over Time
On $10,000 invested in C000105583, assuming 5% a year before costs, total costs come to $731 over 5 years, cutting the return by 1.23% 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 1.10%) | $116 | $360 | $623 |
| Trading costs (broker commissions) | $8 | $24 | $41 |
| Lost growth on money paid in costs | $0 | $19 | $67 |
| Total costs | $123 | $402 | $731 |
| Value after costs | $10,377 | $11,174 | $12,032 |
| Impact on return, per year | 1.23% | 1.23% | 1.23% |
C000105583 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2023.
- Explicit cost rate (commissions ÷ average net assets): 0.0722%
- Total broker commissions: $175K
- Bought from dealers (principal trades, not a cost): $47.4M
- Portfolio turnover (prospectus): 33%
- Securities on loan, average value: $468K
- Net income from securities lending: $4K (0.002% of average net assets)
C000105583 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| JPMORGAN CHASE and CO | $31K | 21.49% |
| MORGAN STANLEY | $18K | 12.64% |
| GOLDMAN SACHS GROUP INC (THE) | $17K | 11.75% |
| CITIGROUP INC | $17K | 11.62% |
| UBS GROUP AG | $16K | 11.17% |
| BANK OF AMERICA CORPORATION | $15K | 10.29% |
| MACQUARIE GROUP LTD | $9K | 6.41% |
| CITIC SECURITIES CO LTD | $8K | 5.78% |
| CREDIT SUISSE GRP AG | $7K | 4.54% |
| NOMURA HOLDINGS INC | $6K | 4.30% |
C000105583 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| CITIGROUP INC | $7.7M | 18.61% |
| BARCLAYS PLC | $5.4M | 13.02% |
| HSBC HOLDINGS PLC | $5.1M | 12.42% |
| GOLDMAN SACHS GROUP INC (THE) | $4.8M | 11.54% |
| JPMORGAN CHASE and CO | $4.7M | 11.27% |
| BANK OF AMERICA CORPORATION | $3.9M | 9.46% |
| MORGAN STANLEY | $2.8M | 6.85% |
| BNP PARIBAS | $2.8M | 6.83% |
| JEFFERIES GROUP LLC | $2.2M | 5.34% |
| DEUTSCHE BANK AG | $1.9M | 4.67% |
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.