FAGKX Fees and Costs — Fidelity Growth Strategies Fund, Class K
Data updated: 2026-07-24
The net expense ratio is 0.62%: a 0.61% management fee plus 0.01% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $605K in broker commissions, 0.0157% of average net assets, and portfolio turnover was 58%.
FAGKX Fees and Expenses
Annual operating expenses and sales charges of FAGKX. Prospectus, as of January 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.61% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.01% |
| Gross expense ratio | 0.62% |
| Fee waiver | — |
| Net expense ratio | 0.62% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
FAGKX Costs Over Time
On $10,000 invested in FAGKX, assuming 5% a year before costs, total costs come to $401 over 5 years, cutting the return by 0.67% 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 0.62%) | $65 | $204 | $355 |
| Trading costs (broker commissions) | $2 | $5 | $9 |
| Lost growth on money paid in costs | $0 | $10 | $37 |
| Total costs | $67 | $219 | $401 |
| Value after costs | $10,433 | $11,357 | $12,362 |
| Impact on return, per year | 0.67% | 0.67% | 0.67% |
FAGKX 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): 0.0157%
- Total broker commissions: $605K
- Bought from dealers (principal trades, not a cost): $23.2M
- Portfolio turnover (prospectus): 58%
- Securities on loan, average value: $79.8M
- Net income from securities lending: $66K (0.002% of average net assets)
FAGKX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS GROUP INC (THE) | $113K | 23.65% |
| BANK OF AMERICA CORPORATION | $70K | 14.59% |
| CITIGROUP INC | $52K | 10.79% |
| MORGAN STANLEY | $43K | 8.94% |
| BARCLAYS PLC | $40K | 8.42% |
| JPMORGAN CHASE and CO | $34K | 7.21% |
| ROYAL BANK OF CANADA | $34K | 7.09% |
| VIRTU FINANCIAL INC | $34K | 7.03% |
| UBS GROUP AG | $32K | 6.72% |
| BANK OF MONTREAL QUE | $26K | 5.54% |
FAGKX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| CITIGROUP INC | $12.1M | 51.99% |
| BANK OF AMERICA CORPORATION | $6.1M | 26.36% |
| JPMORGAN CHASE and CO | $1.8M | 7.59% |
| MORGAN STANLEY | $1.3M | 5.67% |
| JEFFERIES FINANCIAL GROUP INC | $1.1M | 4.75% |
| GOLDMAN SACHS GROUP INC (THE) | $844K | 3.64% |
Fidelity Growth Strategies Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| FAGKX | Class K | 0.62% | — |
| FGSLX | Class Z | 0.62% | none |
| FDEGX | Fidelity Growth Strategies Fund | 0.69% | — |
| FGSJX | Class I | 0.75% | none |
| FGSFX | Class A | 0.99% | 5.75% |
| FGSGX | Class M | 1.24% | 3.50% |
| FGSHX | Class C | 1.73% | 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.