FAPHX Fees and Costs — Fidelity Healthy Future Fund
Data updated: 2026-09-23
The net expense ratio is 1.05%: a 0.81% management fee plus 1.00% other expenses, less a 0.76% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $6K in broker commissions, 0.0425% of average net assets, and portfolio turnover was 80%.
FAPHX Fees and Expenses
Annual operating expenses and sales charges of FAPHX. Prospectus, as of June 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.81% |
| 12b-1 fee | 0.00% |
| Other expenses | 1.00% |
| Gross expense ratio | 1.81% |
| Fee waiver | −0.76% |
| Net expense ratio | 1.05% |
| 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 |
FAPHX Costs Over Time
On $10,000 invested in FAPHX, assuming 5% a year before costs, total costs come to $682 over 5 years, cutting the return by 1.15% 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 1.05%) | $110 | $344 | $595 |
| Trading costs (broker commissions) | $4 | $14 | $24 |
| Lost growth on money paid in costs | $0 | $18 | $63 |
| Total costs | $115 | $375 | $682 |
| Value after costs | $10,385 | $11,201 | $12,081 |
| Impact on return, per year | 1.15% | 1.15% | 1.15% |
FAPHX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending April 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0425%
- Total broker commissions: $6K
- Bought from dealers (principal trades, not a cost): $61K
- Portfolio turnover (prospectus): 80%
- Securities lending: none during the year
FAPHX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS GROUP INC (THE) | $1K | 18.88% |
| MORGAN STANLEY | $849 | 15.17% |
| JEFFERIES FINANCIAL GROUP INC | $818 | 14.61% |
| JPMORGAN CHASE and CO | $686 | 12.27% |
| CITIGROUP INC | $520 | 9.29% |
| UBS GROUP AG | $492 | 8.78% |
| BANK OF AMERICA CORPORATION | $431 | 7.69% |
| BARCLAYS PLC | $348 | 6.21% |
| VIRTU FINANCIAL INC | $258 | 4.61% |
| BNP PARIBAS | $139 | 2.48% |
FAPHX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| JEFFERIES FINANCIAL GROUP INC | $35K | 57.01% |
| JPMORGAN CHASE and CO | $14K | 23.13% |
| MORGAN STANLEY | $7K | 11.07% |
| GOLDMAN SACHS GROUP INC (THE) | $5K | 8.79% |
Fidelity Healthy Future Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| FAPNX | Class Z | 0.90% | none |
| FAPHX | Fidelity Healthy Future Fund | 1.05% | — |
| FAPMX | Class I | 1.05% | none |
| FAPJX | Class A | 1.30% | 5.75% |
| FAPLX | Class M | 1.55% | 3.50% |
| FAPKX | Class C | 2.05% | 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.