FESIX Fees and Costs — Fidelity SAI Real Estate Index Fund
Data updated: 2026-10-13
The net expense ratio is 0.07%: a 0.07% management fee plus 0.06% other expenses, less a 0.06% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $4K in broker commissions, 0.0025% of average net assets, and portfolio turnover was 15%.
FESIX Fees and Expenses
Annual operating expenses and sales charges of FESIX. Prospectus, as of September 29, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.07% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.06% |
| Gross expense ratio | 0.13% |
| Fee waiver | −0.06% |
| Net expense ratio | 0.07% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
FESIX Costs Over Time
On $10,000 invested in FESIX, assuming 5% a year before costs, total costs come to $46 over 5 years, cutting the return by 0.08% 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 0.07%) | $7 | $23 | $41 |
| Trading costs (broker commissions) | $0 | $1 | $1 |
| Lost growth on money paid in costs | $0 | $1 | $4 |
| Total costs | $8 | $25 | $46 |
| Value after costs | $10,492 | $11,551 | $12,717 |
| Impact on return, per year | 0.08% | 0.08% | 0.08% |
FESIX 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): 0.0025%
- Total broker commissions: $4K
- Bought from dealers (principal trades, not a cost): $175K
- Portfolio turnover (prospectus): 15%
FESIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BANK OF AMERICA CORPORATION | $1K | 25.65% |
| MORGAN STANLEY | $997 | 22.48% |
| JEFFERIES FINANCIAL GROUP INC | $633 | 14.29% |
| JPMORGAN CHASE and CO | $415 | 9.36% |
| NOMURA HOLDINGS INC | $356 | 8.04% |
| MIZUHO FINANCIAL GROUP INC | $288 | 6.49% |
| CITIGROUP INC | $261 | 5.89% |
| BARCLAYS PLC | $223 | 5.04% |
| GOLDMAN SACHS GROUP INC (THE) | $114 | 2.57% |
| MACQUARIE GROUP LTD | $9 | 0.20% |
FESIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BANK OF MONTREAL QUE | $99K | 56.51% |
| CITIGROUP INC | $42K | 23.72% |
| JPMORGAN CHASE and CO | $35K | 19.77% |
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.