C000177598 Fees and Costs — Fidelity Flex Intrinsic Opportunities 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 $22K in broker commissions, 0.0611% of average net assets, and portfolio turnover was 78%.
C000177598 Fees and Expenses
Annual operating expenses and sales charges of C000177598. Prospectus, as of September 30, 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 |
C000177598 Costs Over Time
On $10,000 invested in C000177598, assuming 5% a year before costs, total costs come to $39 over 5 years, cutting the return by 0.06% 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) | $6 | $20 | $35 |
| Lost growth on money paid in costs | $0 | $1 | $4 |
| Total costs | $6 | $21 | $39 |
| Value after costs | $10,494 | $11,555 | $12,724 |
| Impact on return, per year | 0.06% | 0.06% | 0.06% |
C000177598 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending July 31, 2021.
- Explicit cost rate (commissions ÷ average net assets): 0.0611%
- Total broker commissions: $22K
- Bought from dealers (principal trades, not a cost): $142K
- Portfolio turnover (prospectus): 78%
- Securities on loan, average value: $114K
- Net income from securities lending: $1K (0.003% of average net assets)
C000177598 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS GROUP INC (THE) | $3K | 19.34% |
| BANK OF AMERICA CORPORATION | $2K | 12.06% |
| MORGAN STANLEY | $2K | 12.04% |
| CREDIT SUISSE GRP AG | $2K | 11.81% |
| UBS GROUP AG | $2K | 9.94% |
| JPMORGAN CHASE and CO | $1K | 7.32% |
| VIRTU FINANCIAL INC | $1K | 7.22% |
| MACQUARIE GROUP LTD | $1K | 7.21% |
| JEFFERIES GROUP LLC | $1K | 7.16% |
| CITIGROUP INC | $1K | 5.90% |
C000177598 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS GROUP INC (THE) | $54K | 38.28% |
| CREDIT SUISSE GRP AG | $46K | 32.23% |
| MORGAN STANLEY | $25K | 17.53% |
| JPMORGAN CHASE and CO | $6K | 4.44% |
| ROYAL BANK OF CANADA | $5K | 3.81% |
| STIFEL FINANCIAL CORP | $5K | 3.71% |
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.