C000177599 Fees and Costs — Fidelity Flex Large Cap Growth 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 $21K in broker commissions, 0.0210% of average net assets, and portfolio turnover was 44%.
C000177599 Fees and Expenses
Annual operating expenses and sales charges of C000177599. 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 |
C000177599 Costs Over Time
On $10,000 invested in C000177599, assuming 5% a year before costs, total costs come to $13 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 | $7 | $12 |
| Lost growth on money paid in costs | $0 | $0 | $1 |
| Total costs | $2 | $7 | $13 |
| Value after costs | $10,498 | $11,569 | $12,749 |
| Impact on return, per year | 0.02% | 0.02% | 0.02% |
C000177599 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): 0.0210%
- Total broker commissions: $21K
- Bought from dealers (principal trades, not a cost): $4.4M
- Portfolio turnover (prospectus): 44%
- Securities on loan, average value: $224K
- Net income from securities lending: $3K (0.002% of average net assets)
C000177599 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS GROUP INC (THE) | $3K | 16.69% |
| JPMORGAN CHASE and CO | $2K | 14.35% |
| MORGAN STANLEY | $2K | 14.29% |
| BANK OF AMERICA CORPORATION | $2K | 12.29% |
| UBS GROUP AG | $1K | 9.28% |
| CREDIT SUISSE GRP AG | $1K | 8.52% |
| JEFFERIES GROUP LLC | $1K | 7.26% |
| CITIGROUP INC | $1K | 6.95% |
| VIRTU FINANCIAL INC | $879 | 5.50% |
| ROYAL BANK OF CANADA | $779 | 4.87% |
C000177599 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY | $1.3M | 31.37% |
| JPMORGAN CHASE and CO | $1.1M | 25.12% |
| GOLDMAN SACHS GROUP INC (THE) | $1.0M | 24.03% |
| BANK OF AMERICA CORPORATION | $221K | 5.21% |
| BARCLAYS PLC (UNGTD) | $213K | 5.03% |
| CREDIT SUISSE GRP AG | $129K | 3.05% |
| CITIGROUP INC | $95K | 2.25% |
| JEFFERIES GROUP LLC | $67K | 1.58% |
| ROYAL BANK OF CANADA | $56K | 1.32% |
| SVB FINANCIAL GROUP | $44K | 1.04% |
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.