FELIX Fees and Costs — Fidelity Advisor Semiconductors Fund, Class I
Data updated: 2026-10-13
The net expense ratio is 0.66%: a 0.65% management fee plus 0.01% other expenses. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $647K in broker commissions, 0.0117% of average net assets, and portfolio turnover was 99%.
FELIX Fees and Expenses
Annual operating expenses and sales charges of FELIX. Prospectus, as of September 29, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.65% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.01% |
| Gross expense ratio | 0.66% |
| Fee waiver | — |
| Net expense ratio | 0.66% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
FELIX Costs Over Time
On $10,000 invested in FELIX, assuming 5% a year before costs, total costs come to $423 over 5 years, cutting the return by 0.71% 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 0.66%) | $69 | $217 | $378 |
| Trading costs (broker commissions) | $1 | $4 | $7 |
| Lost growth on money paid in costs | $0 | $11 | $39 |
| Total costs | $71 | $232 | $423 |
| Value after costs | $10,429 | $11,345 | $12,340 |
| Impact on return, per year | 0.71% | 0.71% | 0.71% |
FELIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending July 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0117%
- Total broker commissions: $647K
- Bought from dealers (principal trades, not a cost): $54.1M
- Portfolio turnover (prospectus): 99%
FELIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS GROUP INC (THE) | $107K | 20.48% |
| MORGAN STANLEY | $77K | 14.81% |
| BANK OF AMERICA CORPORATION | $66K | 12.55% |
| CITIGROUP INC | $64K | 12.30% |
| JPMORGAN CHASE and CO | $53K | 10.05% |
| UBS GROUP AG | $44K | 8.49% |
| JEFFERIES FINANCIAL GROUP INC | $41K | 7.83% |
| BARCLAYS PLC | $27K | 5.19% |
| VIRTU FINANCIAL INC | $26K | 4.89% |
| NOMURA HOLDINGS INC | $18K | 3.42% |
FELIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS GROUP INC (THE) | $28.7M | 53.06% |
| BANK OF AMERICA CORPORATION | $10.6M | 19.52% |
| JPMORGAN CHASE and CO | $10.6M | 19.50% |
| MORGAN STANLEY | $4.3M | 7.93% |
Fidelity Advisor Semiconductors Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| FIKGX | Class Z | 0.54% | none |
| FELIX | Class I | 0.66% | none |
| FELAX | Class A | 0.91% | 5.75% |
| FELTX | Class M | 1.16% | 3.50% |
| FELCX | 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.