FCNSX Fees and Costs — Fidelity Series Canada Fund
Data updated: 2026-09-23
The net expense ratio is 0.00%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $702K in broker commissions, 0.0115% of average net assets, and portfolio turnover was 13%.
FCNSX Fees and Expenses
Annual operating expenses and sales charges of FCNSX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.00% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.00% |
| Fee waiver | — |
| Net expense ratio | 0.00% |
| 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 |
FCNSX Costs Over Time
On $10,000 invested in FCNSX, assuming 5% a year before costs, total costs come to $7 over 5 years, cutting the return by 0.01% 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 0.00%) | $0 | $0 | $0 |
| Trading costs (broker commissions) | $1 | $4 | $7 |
| Lost growth on money paid in costs | $0 | $0 | $1 |
| Total costs | $1 | $4 | $7 |
| Value after costs | $10,499 | $11,572 | $12,755 |
| Impact on return, per year | 0.01% | 0.01% | 0.01% |
FCNSX 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): 0.0115%
- Total broker commissions: $702K
- Bought from dealers (principal trades, not a cost): $159.0M
- Portfolio turnover (prospectus): 13%
- Securities on loan, average value: $257.4M
- Net income from securities lending: $2.9M (0.047% of average net assets)
FCNSX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| THE TORONTO DOMINION BANK | $87K | 14.37% |
| THE BANK OF NOVA SCOTIA | $85K | 14.01% |
| ROYAL BANK OF CANADA | $71K | 11.80% |
| BANK OF MONTREAL QUE | $63K | 10.47% |
| BANK OF AMERICA CORPORATION | $61K | 10.04% |
| CANACCORD GENUITY GROUP INC | $60K | 9.93% |
| VIRTU FINANCIAL INC | $58K | 9.58% |
| CITIGROUP INC | $43K | 7.07% |
| GOLDMAN SACHS GROUP INC (THE) | $40K | 6.61% |
| MORGAN STANLEY | $37K | 6.12% |
FCNSX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| ROYAL BANK OF CANADA | $94.5M | 59.41% |
| THE BANK OF NOVA SCOTIA | $28.3M | 17.80% |
| NATIONAL BANK OF CANADA | $15.3M | 9.61% |
| CANADIAN IMPERIAL BANK OF COMMERCE | $11.1M | 7.01% |
| BANK OF MONTREAL QUE | $5.3M | 3.33% |
| STIFEL FINANCIAL CORP | $4.5M | 2.84% |
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.