FDETX Fees and Costs — Fidelity Advisor Capital Development Fund, Class O
Data updated: 2026-08-24
The net expense ratio is 0.53%: a 0.52% management fee plus 0.01% other expenses. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $389K in broker commissions, 0.0089% of average net assets, and portfolio turnover was 18%.
FDETX Fees and Expenses
Annual operating expenses and sales charges of FDETX. Prospectus, as of November 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.52% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.01% |
| Gross expense ratio | 0.53% |
| Fee waiver | — |
| Net expense ratio | 0.53% |
| 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 |
FDETX Costs Over Time
On $10,000 invested in FDETX, assuming 5% a year before costs, total costs come to $340 over 5 years, cutting the return by 0.57% 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 0.53%) | $56 | $174 | $304 |
| Trading costs (broker commissions) | $1 | $3 | $5 |
| Lost growth on money paid in costs | $0 | $9 | $31 |
| Total costs | $57 | $186 | $340 |
| Value after costs | $10,443 | $11,390 | $12,423 |
| Impact on return, per year | 0.57% | 0.57% | 0.57% |
FDETX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.0089%
- Total broker commissions: $389K
- Bought from dealers (principal trades, not a cost): $15.1M
- Portfolio turnover (prospectus): 18%
- Securities on loan, average value: $22.7M
- Net income from securities lending: $120K (0.003% of average net assets)
FDETX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY | $47K | 15.68% |
| GOLDMAN SACHS GROUP INC (THE) | $40K | 13.41% |
| BANK OF AMERICA CORPORATION | $38K | 12.71% |
| UBS GROUP AG | $32K | 10.62% |
| JPMORGAN CHASE and CO | $32K | 10.47% |
| WELLS FARGO and CO | $26K | 8.68% |
| CITIGROUP INC | $23K | 7.77% |
| BARCLAYS PLC | $22K | 7.22% |
| JEFFERIES FINANCIAL GROUP INC | $21K | 7.07% |
| ROYAL BANK OF CANADA | $19K | 6.37% |
FDETX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| ROYAL BANK OF CANADA | $6.6M | 43.68% |
| JEFFERIES FINANCIAL GROUP INC | $2.9M | 19.04% |
| GOLDMAN SACHS GROUP INC (THE) | $2.7M | 17.79% |
| MORGAN STANLEY | $2.5M | 16.82% |
| BANK OF AMERICA CORPORATION | $403K | 2.67% |
Fidelity Advisor Capital Development Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| FDETX | Class O | 0.53% | — |
| FDEIX | Class I | 0.67% | none |
| FDTTX | Class A | 0.82% | 5.75% |
| FDTZX | Class M | 1.17% | 3.50% |
| FDECX | Class C | 1.66% | 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.