FAPCX Fees and Costs — Fidelity International Capital Appreciation K6 Fund
Data updated: 2026-09-23
The net expense ratio is 0.65%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $2.5M in broker commissions, 0.1354% of average net assets, and portfolio turnover was 110%.
FAPCX Fees and Expenses
Annual operating expenses and sales charges of FAPCX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.65% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.65% |
| Fee waiver | — |
| Net expense ratio | 0.65% |
| 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 |
FAPCX Costs Over Time
On $10,000 invested in FAPCX, assuming 5% a year before costs, total costs come to $493 over 5 years, cutting the return by 0.82% 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 0.65%) | $68 | $213 | $371 |
| Trading costs (broker commissions) | $14 | $44 | $77 |
| Lost growth on money paid in costs | $0 | $13 | $45 |
| Total costs | $82 | $271 | $493 |
| Value after costs | $10,418 | $11,306 | $12,269 |
| Impact on return, per year | 0.82% | 0.82% | 0.82% |
FAPCX 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): 0.1354%
- Total broker commissions: $2.5M
- Bought from dealers (principal trades, not a cost): $18.2M
- Portfolio turnover (prospectus): 110%
- Securities on loan, average value: $15.3M
- Net income from securities lending: $51K (0.003% of average net assets)
FAPCX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| JPMORGAN CHASE and CO | $521K | 22.59% |
| MORGAN STANLEY | $344K | 14.94% |
| GOLDMAN SACHS GROUP INC (THE) | $328K | 14.25% |
| UBS GROUP AG | $302K | 13.10% |
| BANK OF AMERICA CORPORATION | $267K | 11.58% |
| JEFFERIES FINANCIAL GROUP INC | $234K | 10.16% |
| TP ICAP GROUP PLC | $95K | 4.14% |
| BNP PARIBAS | $82K | 3.57% |
| CITIGROUP INC | $69K | 3.01% |
| BARCLAYS PLC | $61K | 2.66% |
FAPCX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY | $18.2M | 100.00% |
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.