C000177579 Fees and Costs — Fidelity Flex Opportunistic Insights Fund
Data updated: 2022-05-25
The net expense ratio is 0.00%. There are no sales loads or redemption fees. In fiscal 2021 the fund paid $9K in broker commissions, 0.0235% of average net assets, and portfolio turnover was 57%.
C000177579 Fees and Expenses
Annual operating expenses and sales charges of C000177579. Prospectus, as of February 28, 2022.
| 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 |
C000177579 Costs Over Time
On $10,000 invested in C000177579, assuming 5% a year before costs, total costs come to $15 over 5 years, cutting the return by 0.02% 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) | $2 | $8 | $14 |
| Lost growth on money paid in costs | $0 | $0 | $1 |
| Total costs | $2 | $8 | $15 |
| Value after costs | $10,498 | $11,568 | $12,748 |
| Impact on return, per year | 0.02% | 0.02% | 0.02% |
C000177579 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2021.
- Explicit cost rate (commissions ÷ average net assets): 0.0235%
- Total broker commissions: $9K
- Bought from dealers (principal trades, not a cost): $721K
- Portfolio turnover (prospectus): 57%
- Securities on loan, average value: $10K
- Net income from securities lending: $179 (0.000% of average net assets)
C000177579 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS GROUP INC (THE) | $1K | 16.83% |
| MORGAN STANLEY | $968 | 13.22% |
| BANK OF AMERICA CORPORATION | $872 | 11.91% |
| JPMORGAN CHASE and CO | $861 | 11.75% |
| VIRTU FINANCIAL INC | $806 | 11.00% |
| UBS GROUP AG | $674 | 9.21% |
| JEFFERIES GROUP LLC | $524 | 7.16% |
| CREDIT SUISSE GRP AG | $490 | 6.69% |
| CITIGROUP INC | $466 | 6.37% |
| ROYAL BANK OF CANADA | $428 | 5.85% |
C000177579 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS GROUP INC (THE) | $261K | 36.13% |
| MORGAN STANLEY | $203K | 28.20% |
| JPMORGAN CHASE and CO | $137K | 19.02% |
| BANK OF AMERICA CORPORATION | $50K | 6.89% |
| CREDIT SUISSE GRP AG | $31K | 4.25% |
| CITIGROUP INC | $20K | 2.79% |
| BANK OF MONTREAL QUE | $7K | 0.94% |
| CANADIAN IMPERIAL BANK OF COMMERCE | $5K | 0.76% |
| B RILEY FINANCIAL INC | $5K | 0.69% |
| BARCLAYS PLC (UNGTD) | $2K | 0.33% |
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.