FCNIX Fees and Costs — Fidelity Advisor Consumer Discretionary Fund, Class I
Data updated: 2025-12-23
The net expense ratio is 0.73%: a 0.69% management fee plus 0.04% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $41K in broker commissions, 0.0085% of average net assets, and portfolio turnover was 27%.
FCNIX Fees and Expenses
Annual operating expenses and sales charges of FCNIX. Prospectus, as of September 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.69% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.04% |
| Gross expense ratio | 0.73% |
| Fee waiver | — |
| Net expense ratio | 0.73% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| 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 |
FCNIX Costs Over Time
On $10,000 invested in FCNIX, assuming 5% a year before costs, total costs come to $464 over 5 years, cutting the return by 0.78% 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 0.73%) | $77 | $240 | $417 |
| Trading costs (broker commissions) | $1 | $3 | $5 |
| Lost growth on money paid in costs | $0 | $12 | $42 |
| Total costs | $78 | $255 | $464 |
| Value after costs | $10,422 | $11,322 | $12,298 |
| Impact on return, per year | 0.78% | 0.78% | 0.78% |
FCNIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending July 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0085%
- Total broker commissions: $41K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 27%
- Securities on loan, average value: $3.5M
- Net income from securities lending: $5K (0.001% of average net assets)
FCNIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS GROUP INC (THE) | $7K | 20.35% |
| JPMORGAN CHASE and CO | $6K | 18.94% |
| BANK OF AMERICA CORPORATION | $4K | 12.88% |
| BARCLAYS PLC | $4K | 11.33% |
| MORGAN STANLEY | $3K | 9.01% |
| UBS GROUP AG | $2K | 6.82% |
| VIRTU FINANCIAL INC | $2K | 6.29% |
| CITIGROUP INC | $2K | 5.89% |
| JEFFERIES FINANCIAL GROUP INC | $2K | 4.59% |
| LIQUIDNET HOLDINGS INC | $1K | 3.90% |
Fidelity Advisor Consumer Discretionary Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| FIJZX | Class Z | 0.60% | none |
| FCNIX | Class I | 0.73% | none |
| FCNAX | Class A | 0.99% | 5.75% |
| FACPX | Class M | 1.25% | 3.50% |
| FCECX | Class C | 1.75% | 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.