FADIX Fees and Costs — Fidelity Advisor Diversified International Fund, Class M
Data updated: 2026-09-23
The net expense ratio is 1.36%: a 0.84% management fee, a 0.50% 12b-1 fee plus 0.02% other expenses. This share class carries a maximum front-end sales load of 3.50%. In fiscal 2025 the fund paid $980K in broker commissions, 0.0664% of average net assets, and portfolio turnover was 46%.
FADIX Fees and Expenses
Annual operating expenses and sales charges of FADIX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.84% |
| 12b-1 fee | 0.50% |
| Other expenses | 0.02% |
| Gross expense ratio | 1.36% |
| Fee waiver | — |
| Net expense ratio | 1.36% |
| Sales charges | |
|---|---|
| Max front load | 3.50% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
FADIX Costs Over Time
On $10,000 invested in FADIX, assuming 5% a year before costs, total costs come to $1,300 over 5 years, cutting the return by 2.23% 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 1.36%) | $138 | $428 | $739 |
| Trading costs (broker commissions) | $7 | $21 | $36 |
| Lost growth on money paid in costs | $17 | $77 | $175 |
| Total costs | $512 | $876 | $1,300 |
| Value after costs | $9,988 | $10,700 | $11,462 |
| Impact on return, per year | 5.12% | 2.72% | 2.23% |
FADIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0664%
- Total broker commissions: $980K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 46%
- Securities on loan, average value: $13.0M
- Net income from securities lending: $60K (0.004% of average net assets)
FADIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| JPMORGAN CHASE and CO | $151K | 17.70% |
| MORGAN STANLEY | $151K | 17.62% |
| GOLDMAN SACHS GROUP INC (THE) | $122K | 14.31% |
| BANK OF AMERICA CORPORATION | $103K | 12.06% |
| UBS GROUP AG | $97K | 11.39% |
| CITIGROUP INC | $70K | 8.18% |
| JEFFERIES FINANCIAL GROUP INC | $62K | 7.25% |
| TP ICAP GROUP PLC | $45K | 5.23% |
| MACQUARIE GROUP LTD | $27K | 3.13% |
| VIRTU FINANCIAL INC | $27K | 3.13% |
Fidelity Advisor Diversified International Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| FZABX | Class Z | 0.72% | none |
| FDVIX | Class I | 0.86% | none |
| FDVAX | Class A | 1.11% | 5.75% |
| FADIX | Class M | 1.36% | 3.50% |
| FADCX | Class C | 1.86% | 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.