FACTX Fees and Costs — Fidelity Advisor Health Care Fund, Class M
Data updated: 2026-10-13
The net expense ratio is 1.21%: a 0.66% management fee, a 0.50% 12b-1 fee plus 0.05% other expenses. This share class carries a maximum front-end sales load of 3.50%. In fiscal 2026 the fund paid $1.2M in broker commissions, 0.0373% of average net assets, and portfolio turnover was 74%.
FACTX Fees and Expenses
Annual operating expenses and sales charges of FACTX. Prospectus, as of September 29, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.66% |
| 12b-1 fee | 0.50% |
| Other expenses | 0.05% |
| Gross expense ratio | 1.21% |
| Fee waiver | — |
| Net expense ratio | 1.21% |
| Sales charges | |
|---|---|
| Max front load | 3.50% |
| Max deferred load | 0.00% |
| Redemption fee | — |
FACTX Costs Over Time
On $10,000 invested in FACTX, assuming 5% a year before costs, total costs come to $1,196 over 5 years, cutting the return by 2.05% 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 |
| Sales charges | $350 | $350 | $350 |
| Fund expenses (net expense ratio 1.21%) | $123 | $382 | $660 |
| Trading costs (broker commissions) | $4 | $12 | $20 |
| Lost growth on money paid in costs | $17 | $75 | $166 |
| Total costs | $494 | $818 | $1,196 |
| Value after costs | $10,006 | $10,758 | $11,567 |
| Impact on return, per year | 4.94% | 2.53% | 2.05% |
FACTX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending July 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0373%
- Total broker commissions: $1.2M
- Bought from dealers (principal trades, not a cost): $79.3M
- Portfolio turnover (prospectus): 74%
FACTX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS GROUP INC (THE) | $126K | 14.30% |
| JPMORGAN CHASE and CO | $124K | 14.13% |
| JEFFERIES FINANCIAL GROUP INC | $116K | 13.23% |
| CITIGROUP INC | $110K | 12.46% |
| UBS GROUP AG | $103K | 11.68% |
| BANK OF AMERICA CORPORATION | $97K | 10.98% |
| MORGAN STANLEY | $85K | 9.62% |
| THE TORONTO DOMINION BANK | $52K | 5.92% |
| VIRTU FINANCIAL INC | $34K | 3.90% |
| CONDOR TRADING LLC | $33K | 3.78% |
FACTX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| JEFFERIES FINANCIAL GROUP INC | $25.8M | 32.49% |
| MORGAN STANLEY | $15.4M | 19.43% |
| JPMORGAN CHASE and CO | $12.3M | 15.50% |
| GOLDMAN SACHS GROUP INC (THE) | $8.2M | 10.35% |
| LEERINK PARTNERS LLC | $6.4M | 8.01% |
| THE TORONTO DOMINION BANK | $5.6M | 7.08% |
| BANK OF AMERICA CORPORATION | $4.6M | 5.82% |
| PIPER SANDLER COS | $1.0M | 1.31% |
Fidelity Advisor Health Care Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| FIKCX | Class Z | 0.59% | none |
| FHCIX | Class I | 0.71% | none |
| FACDX | Class A | 0.96% | 5.75% |
| FACTX | Class M | 1.21% | 3.50% |
| FHCCX | Class C | 1.71% | none |
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.