C000177578 Fees and Costs — Fidelity Flex Small Cap Fund
Data updated: 2022-06-24
The net expense ratio is 0.00%. There are no sales loads or redemption fees. In fiscal 2021 the fund paid $10K in broker commissions, 0.0706% of average net assets, and portfolio turnover was 104%.
C000177578 Fees and Expenses
Annual operating expenses and sales charges of C000177578. Prospectus, as of December 31, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 0.00% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.00% |
| Fee waiver | — |
| Net expense ratio | 0.00% |
| 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 |
C000177578 Costs Over Time
On $10,000 invested in C000177578, assuming 5% a year before costs, total costs come to $45 over 5 years, cutting the return by 0.07% 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 0.00%) | $0 | $0 | $0 |
| Trading costs (broker commissions) | $7 | $23 | $41 |
| Lost growth on money paid in costs | $0 | $1 | $4 |
| Total costs | $7 | $25 | $45 |
| Value after costs | $10,493 | $11,552 | $12,718 |
| Impact on return, per year | 0.07% | 0.07% | 0.07% |
C000177578 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2021.
- Explicit cost rate (commissions ÷ average net assets): 0.0706%
- Total broker commissions: $10K
- Bought from dealers (principal trades, not a cost): $1.3M
- Portfolio turnover (prospectus): 104%
- Securities on loan, average value: $0
- Net income from securities lending: $0 (0.000% of average net assets)
C000177578 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS GROUP INC (THE) | $1K | 18.94% |
| MORGAN STANLEY | $1K | 13.80% |
| JPMORGAN CHASE and CO | $959 | 12.95% |
| UBS GROUP AG | $726 | 9.79% |
| VIRTU FINANCIAL INC | $681 | 9.19% |
| CREDIT SUISSE GRP AG | $680 | 9.18% |
| BANK OF AMERICA CORPORATION | $597 | 8.05% |
| CITIGROUP INC | $489 | 6.59% |
| ROYAL BANK OF CANADA | $483 | 6.51% |
| BARCLAYS PLC (UNGTD) | $370 | 4.99% |
C000177578 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS GROUP INC (THE) | $338K | 27.74% |
| MORGAN STANLEY | $276K | 22.64% |
| JPMORGAN CHASE and CO | $243K | 20.00% |
| BANK OF AMERICA CORPORATION | $102K | 8.40% |
| JEFFERIES GROUP LLC | $97K | 7.95% |
| BARCLAYS PLC (UNGTD) | $64K | 5.24% |
| CITIGROUP INC | $31K | 2.55% |
| SVB FINANCIAL GROUP | $26K | 2.10% |
| B RILEY FINANCIAL INC | $22K | 1.77% |
| DEUTSCHE BANK AG | $20K | 1.61% |
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.