FIDHX Fees and Costs — Fidelity SAI Sustainable Future Fund
Data updated: 2024-10-29
The net expense ratio is 0.60%: a 0.50% management fee plus 0.29% other expenses, less a 0.19% fee waiver. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $10K in broker commissions, 0.0312% of average net assets, and portfolio turnover was 48%.
FIDHX Fees and Expenses
Annual operating expenses and sales charges of FIDHX. Prospectus, as of July 31, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.50% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.29% |
| Gross expense ratio | 0.79% |
| Fee waiver | −0.19% |
| Net expense ratio | 0.60% |
| 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 |
FIDHX Costs Over Time
On $10,000 invested in FIDHX, assuming 5% a year before costs, total costs come to $398 over 5 years, cutting the return by 0.66% 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 0.60%) | $63 | $197 | $344 |
| Trading costs (broker commissions) | $3 | $10 | $18 |
| Lost growth on money paid in costs | $0 | $10 | $36 |
| Total costs | $66 | $218 | $398 |
| Value after costs | $10,434 | $11,358 | $12,365 |
| Impact on return, per year | 0.66% | 0.66% | 0.66% |
FIDHX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending May 31, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.0312%
- Total broker commissions: $10K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 48%
- Securities lending: none during the year
FIDHX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS GROUP INC (THE) | $2K | 20.47% |
| MORGAN STANLEY | $2K | 19.35% |
| JPMORGAN CHASE and CO | $1K | 13.23% |
| CITIGROUP INC | $963 | 10.64% |
| BARCLAYS PLC | $721 | 7.96% |
| UBS GROUP AG | $656 | 7.24% |
| VIRTU FINANCIAL INC | $580 | 6.41% |
| BANK OF AMERICA CORPORATION | $542 | 5.99% |
| JEFFERIES FINANCIAL GROUP INC | $457 | 5.05% |
| ROYAL BANK OF CANADA | $333 | 3.68% |
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.