FFUIX Fees and Costs — Select Utilities Portfolio, Class I
Data updated: 2026-07-24
The net expense ratio is 0.68%: a 0.66% management fee plus 0.02% other expenses. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $1.0M in broker commissions, 0.0378% of average net assets, and portfolio turnover was 76%.
FFUIX Fees and Expenses
Annual operating expenses and sales charges of FFUIX. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.66% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.02% |
| Gross expense ratio | 0.68% |
| Fee waiver | — |
| Net expense ratio | 0.68% |
| 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 | Yes |
| Waived fees subject to recoupment | No |
FFUIX Costs Over Time
On $10,000 invested in FFUIX, assuming 5% a year before costs, total costs come to $452 over 5 years, cutting the return by 0.75% 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 0.68%) | $71 | $223 | $389 |
| Trading costs (broker commissions) | $4 | $12 | $22 |
| Lost growth on money paid in costs | $0 | $12 | $41 |
| Total costs | $75 | $247 | $452 |
| Value after costs | $10,425 | $11,329 | $12,311 |
| Impact on return, per year | 0.75% | 0.75% | 0.75% |
FFUIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending February 28, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0378%
- Total broker commissions: $1.0M
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 76%
- Securities on loan, average value: $55.7M
- Net income from securities lending: $52K (0.002% of average net assets)
FFUIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| ROYAL BANK OF CANADA | $138K | 19.36% |
| CITIGROUP INC | $104K | 14.55% |
| GOLDMAN SACHS GROUP INC (THE) | $76K | 10.64% |
| MORGAN STANLEY | $74K | 10.35% |
| BANK OF AMERICA CORPORATION | $71K | 10.00% |
| JPMORGAN CHASE and CO | $67K | 9.38% |
| BARCLAYS PLC | $55K | 7.73% |
| JEFFERIES FINANCIAL GROUP INC | $51K | 7.18% |
| UBS GROUP AG | $44K | 6.19% |
| BNP PARIBAS | $33K | 4.62% |
Select Utilities Portfolio Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| FFUZX | Class Z | 0.56% | none |
| FSUTX | Select Utilities Portfolio | 0.64% | — |
| FFUIX | Class I | 0.68% | none |
| FFUAX | Class A | 0.93% | 5.75% |
| FFUMX | Class M | 1.18% | 3.50% |
| FFUCX | Class C | 1.69% | 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.