C000219005 Fees and Costs — Fidelity Disruptive Finance Fund, Class F
Data updated: 2023-08-03
The net expense ratio is 0.00%. There are no sales loads or redemption fees. In fiscal 2023 the fund paid $13K in broker commissions, 0.0265% of average net assets, and portfolio turnover was 43%.
C000219005 Fees and Expenses
Annual operating expenses and sales charges of C000219005. Prospectus, as of July 31, 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 |
C000219005 Costs Over Time
On $10,000 invested in C000219005, assuming 5% a year before costs, total costs come to $17 over 5 years, cutting the return by 0.03% 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) | $3 | $9 | $15 |
| Lost growth on money paid in costs | $0 | $0 | $2 |
| Total costs | $3 | $9 | $17 |
| Value after costs | $10,497 | $11,567 | $12,746 |
| Impact on return, per year | 0.03% | 0.03% | 0.03% |
C000219005 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending May 31, 2023.
- Explicit cost rate (commissions ÷ average net assets): 0.0265%
- Total broker commissions: $13K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 43%
- Securities on loan, average value: $691K
- Net income from securities lending: $4K (0.009% of average net assets)
C000219005 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS GROUP INC (THE) | $3K | 25.00% |
| MORGAN STANLEY | $2K | 16.12% |
| UBS GROUP AG | $2K | 13.20% |
| JEFFERIES GROUP LLC | $938 | 8.13% |
| VIRTU FINANCIAL INC | $910 | 7.89% |
| JPMORGAN CHASE and CO | $856 | 7.42% |
| BANK OF AMERICA CORPORATION | $782 | 6.78% |
| BARCLAYS PLC | $693 | 6.01% |
| CREDIT SUISSE GRP AG | $632 | 5.48% |
| LIQUIDNET HOLDINGS INC | $460 | 3.99% |
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.