FAEGX Fees and Costs — Fidelity Advisor Equity Growth Fund, Class M
Data updated: 2026-07-24
The net expense ratio is 1.16%: a 0.65% management fee, a 0.50% 12b-1 fee plus 0.01% other expenses. This share class carries a maximum front-end sales load of 3.50%. In fiscal 2025 the fund paid $2.2M in broker commissions, 0.0187% of average net assets, and portfolio turnover was 69%.
FAEGX Fees and Expenses
Annual operating expenses and sales charges of FAEGX. Prospectus, as of January 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.65% |
| 12b-1 fee | 0.50% |
| Other expenses | 0.01% |
| Gross expense ratio | 1.16% |
| Fee waiver | — |
| Net expense ratio | 1.16% |
| 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 |
FAEGX Costs Over Time
On $10,000 invested in FAEGX, assuming 5% a year before costs, total costs come to $1,156 over 5 years, cutting the return by 1.97% 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 1.16%) | $118 | $366 | $634 |
| Trading costs (broker commissions) | $2 | $6 | $10 |
| Lost growth on money paid in costs | $17 | $74 | $162 |
| Total costs | $487 | $796 | $1,156 |
| Value after costs | $10,013 | $10,781 | $11,607 |
| Impact on return, per year | 4.87% | 2.46% | 1.97% |
FAEGX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending November 30, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0187%
- Total broker commissions: $2.2M
- Bought from dealers (principal trades, not a cost): $140.3M
- Portfolio turnover (prospectus): 69%
- Securities on loan, average value: $32.9M
- Net income from securities lending: $1.3M (0.011% of average net assets)
FAEGX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BANK OF AMERICA CORPORATION | $409K | 22.43% |
| JPMORGAN CHASE and CO | $327K | 17.94% |
| MORGAN STANLEY | $281K | 15.38% |
| GOLDMAN SACHS GROUP INC (THE) | $268K | 14.69% |
| UBS GROUP AG | $121K | 6.65% |
| CITIGROUP INC | $115K | 6.28% |
| JEFFERIES FINANCIAL GROUP INC | $103K | 5.62% |
| NOMURA HOLDINGS INC | $74K | 4.05% |
| VIRTU FINANCIAL INC | $68K | 3.71% |
| BARCLAYS PLC | $59K | 3.25% |
FAEGX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| JEFFERIES FINANCIAL GROUP INC | $43.9M | 31.31% |
| DEUTSCHE BANK AG | $42.7M | 30.46% |
| MORGAN STANLEY | $20.8M | 14.85% |
| JPMORGAN CHASE and CO | $14.4M | 10.27% |
| BANK OF AMERICA CORPORATION | $14.0M | 9.98% |
| GOLDMAN SACHS GROUP INC (THE) | $2.3M | 1.66% |
| UBS GROUP AG | $1.2M | 0.83% |
| CITIGROUP INC | $893K | 0.64% |
Fidelity Advisor Equity Growth Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| FZAFX | Class Z | 0.54% | none |
| EQPGX | Class I | 0.66% | none |
| EPGAX | Class A | 0.91% | 5.75% |
| FAEGX | Class M | 1.16% | 3.50% |
| EPGCX | Class C | 1.66% | 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.