FHKFX Fees and Costs — Fidelity Series Emerging Markets Fund
Data updated: 2026-09-23
The net expense ratio is 0.01% (0.02% before fee waivers). There are no sales loads or redemption fees. In fiscal 2025 the fund paid $12.4M in broker commissions, 0.2140% of average net assets, and portfolio turnover was 100%.
FHKFX Fees and Expenses
Annual operating expenses and sales charges of FHKFX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.00% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.02% |
| Gross expense ratio | 0.02% |
| Fee waiver | −0.01% |
| Net expense ratio | 0.01% |
| 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 |
FHKFX Costs Over Time
On $10,000 invested in FHKFX, assuming 5% a year before costs, total costs come to $142 over 5 years, cutting the return by 0.24% 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 0.01%) | $1 | $3 | $6 |
| Trading costs (broker commissions) | $22 | $71 | $124 |
| Lost growth on money paid in costs | $0 | $4 | $13 |
| Total costs | $24 | $78 | $142 |
| Value after costs | $10,476 | $11,499 | $12,621 |
| Impact on return, per year | 0.24% | 0.24% | 0.24% |
FHKFX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.2140%
- Total broker commissions: $12.4M
- Bought from dealers (principal trades, not a cost): $23.5M
- Portfolio turnover (prospectus): 100%
- Securities on loan, average value: $39.5M
- Net income from securities lending: $317K (0.005% of average net assets)
FHKFX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY | $2.0M | 18.08% |
| JPMORGAN CHASE and CO | $1.7M | 15.89% |
| BANK OF AMERICA CORPORATION | $1.6M | 14.90% |
| GOLDMAN SACHS GROUP INC (THE) | $1.2M | 11.35% |
| CITIGROUP INC | $1.2M | 10.82% |
| UBS GROUP AG | $1.1M | 9.88% |
| JEFFERIES FINANCIAL GROUP INC | $874K | 8.04% |
| MACQUARIE GROUP LTD | $471K | 4.34% |
| NOMURA HOLDINGS INC | $405K | 3.73% |
| CITIC SECURITIES CO LTD | $323K | 2.97% |
FHKFX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS GROUP INC (THE) | $7.4M | 31.58% |
| DEUTSCHE BANK AG | $7.3M | 31.21% |
| JEFFERIES FINANCIAL GROUP INC | $3.1M | 13.36% |
| WELLS FARGO and CO | $2.6M | 10.87% |
| NOMURA HOLDINGS INC | $1.7M | 7.17% |
| BANK OF MONTREAL QUE | $1.3M | 5.56% |
| CITIGROUP INC | $59K | 0.25% |
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.