C000177596 Fees and Costs — Fidelity Flex International 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 $92K in broker commissions, 0.0660% of average net assets, and portfolio turnover was 33%.
C000177596 Fees and Expenses
Annual operating expenses and sales charges of C000177596. 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 |
C000177596 Costs Over Time
On $10,000 invested in C000177596, assuming 5% a year before costs, total costs come to $42 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 | $22 | $38 |
| Lost growth on money paid in costs | $0 | $1 | $4 |
| Total costs | $7 | $23 | $42 |
| Value after costs | $10,493 | $11,553 | $12,721 |
| Impact on return, per year | 0.07% | 0.07% | 0.07% |
C000177596 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): 0.0660%
- Total broker commissions: $92K
- Bought from dealers (principal trades, not a cost): $411K
- Portfolio turnover (prospectus): 33%
- Securities on loan, average value: $63K
- Net income from securities lending: $32K (0.023% of average net assets)
C000177596 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY | $12K | 15.46% |
| JPMORGAN CHASE and CO | $11K | 14.28% |
| UBS GROUP AG | $10K | 13.20% |
| GOLDMAN SACHS GROUP INC (THE) | $10K | 13.20% |
| BANK OF AMERICA CORPORATION | $9K | 11.67% |
| CITIGROUP INC | $6K | 8.57% |
| CREDIT SUISSE GRP AG | $5K | 7.06% |
| VIRTU FINANCIAL INC | $5K | 6.38% |
| MACQUARIE GROUP LTD | $4K | 5.44% |
| LIQUIDNET HOLDINGS INC | $4K | 4.74% |
C000177596 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY | $174K | 42.20% |
| GOLDMAN SACHS GROUP INC (THE) | $137K | 33.40% |
| CITIGROUP INC | $74K | 17.88% |
| BANK OF AMERICA CORPORATION | $27K | 6.52% |
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.