FGDKX Fees and Costs — Fidelity Growth Discovery Fund, Class K
Data updated: 2026-09-11
The net expense ratio is 0.46%: a 0.45% management fee plus 0.01% other expenses. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $1.1M in broker commissions, 0.0169% of average net assets, and portfolio turnover was 82%.
FGDKX Fees and Expenses
Annual operating expenses and sales charges of FGDKX. Prospectus, as of August 29, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.45% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.01% |
| Gross expense ratio | 0.46% |
| Fee waiver | — |
| Net expense ratio | 0.46% |
| 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 |
FGDKX Costs Over Time
On $10,000 invested in FGDKX, assuming 5% a year before costs, total costs come to $301 over 5 years, cutting the return by 0.50% 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 0.46%) | $48 | $152 | $264 |
| Trading costs (broker commissions) | $2 | $6 | $10 |
| Lost growth on money paid in costs | $0 | $8 | $28 |
| Total costs | $50 | $165 | $301 |
| Value after costs | $10,450 | $11,411 | $12,461 |
| Impact on return, per year | 0.50% | 0.50% | 0.50% |
FGDKX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0169%
- Total broker commissions: $1.1M
- Bought from dealers (principal trades, not a cost): $167.1M
- Portfolio turnover (prospectus): 82%
- Securities on loan, average value: $77.2M
- Net income from securities lending: $428K (0.007% of average net assets)
FGDKX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY | $135K | 15.42% |
| BANK OF AMERICA CORPORATION | $132K | 15.00% |
| GOLDMAN SACHS GROUP INC (THE) | $130K | 14.85% |
| JPMORGAN CHASE and CO | $119K | 13.50% |
| CITIGROUP INC | $94K | 10.68% |
| UBS GROUP AG | $86K | 9.83% |
| JEFFERIES FINANCIAL GROUP INC | $79K | 8.96% |
| BARCLAYS PLC | $37K | 4.26% |
| NOMURA HOLDINGS INC | $37K | 4.24% |
| VIRTU FINANCIAL INC | $29K | 3.28% |
FGDKX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS GROUP INC (THE) | $102.0M | 61.04% |
| JEFFERIES FINANCIAL GROUP INC | $22.8M | 13.66% |
| DEUTSCHE BANK AG | $21.9M | 13.11% |
| BANK OF AMERICA CORPORATION | $9.2M | 5.50% |
| MORGAN STANLEY | $6.2M | 3.69% |
| JPMORGAN CHASE and CO | $3.3M | 2.00% |
| LEERINK PARTNERS LLC | $1.5M | 0.92% |
| CITIGROUP INC | $148K | 0.09% |
Fidelity Growth Discovery Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| FGDKX | Class K | 0.46% | — |
| FDSVX | Fidelity Growth Discovery Fund | 0.53% | — |
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.