FIATX Fees and Costs — Fidelity Advisor International Capital Appreciation Fund, Class M
Data updated: 2026-09-23
The net expense ratio is 1.39%: a 0.87% management fee, a 0.50% 12b-1 fee plus 0.02% other expenses. This share class carries a maximum front-end sales load of 3.50%. In fiscal 2025 the fund paid $14.4M in broker commissions, 0.1270% of average net assets, and portfolio turnover was 96%.
FIATX Fees and Expenses
Annual operating expenses and sales charges of FIATX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.87% |
| 12b-1 fee | 0.50% |
| Other expenses | 0.02% |
| Gross expense ratio | 1.39% |
| Fee waiver | — |
| Net expense ratio | 1.39% |
| Sales charges | |
|---|---|
| Max front load | 3.50% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
FIATX Costs Over Time
On $10,000 invested in FIATX, assuming 5% a year before costs, total costs come to $1,353 over 5 years, cutting the return by 2.33% 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 |
| Sales charges | $350 | $350 | $350 |
| Fund expenses (net expense ratio 1.39%) | $141 | $437 | $754 |
| Trading costs (broker commissions) | $13 | $40 | $69 |
| Lost growth on money paid in costs | $18 | $79 | $180 |
| Total costs | $521 | $906 | $1,353 |
| Value after costs | $9,979 | $10,670 | $11,410 |
| Impact on return, per year | 5.21% | 2.81% | 2.33% |
FIATX 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): 0.1270%
- Total broker commissions: $14.4M
- Bought from dealers (principal trades, not a cost): $101.9M
- Portfolio turnover (prospectus): 96%
- Securities on loan, average value: $99.2M
- Net income from securities lending: $317K (0.003% of average net assets)
FIATX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| JPMORGAN CHASE and CO | $3.0M | 22.53% |
| GOLDMAN SACHS GROUP INC (THE) | $2.0M | 14.79% |
| MORGAN STANLEY | $1.9M | 14.51% |
| UBS GROUP AG | $1.7M | 12.82% |
| BANK OF AMERICA CORPORATION | $1.5M | 10.83% |
| JEFFERIES FINANCIAL GROUP INC | $1.3M | 9.41% |
| BNP PARIBAS | $591K | 4.41% |
| TP ICAP GROUP PLC | $590K | 4.40% |
| CITIGROUP INC | $500K | 3.73% |
| BARCLAYS PLC | $344K | 2.57% |
FIATX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY | $101.9M | 100.00% |
Fidelity Advisor International Capital Appreciation Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| FIDZX | Class Z | 0.78% | none |
| FICQX | Fidelity International Capital Appreciation Fund | 0.83% | — |
| FCPIX | Class I | 0.89% | none |
| FCPAX | Class A | 1.14% | 5.75% |
| FIATX | Class M | 1.39% | 3.50% |
| FCPCX | Class C | 1.89% | 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.