FIFOX Fees and Costs — Fidelity Founders Fund, Class A
Data updated: 2026-09-23
The net expense ratio is 1.10%: a 0.78% management fee, a 0.25% 12b-1 fee plus 0.07% other expenses. This share class carries a maximum front-end sales load of 5.75%. In fiscal 2026 the fund paid $53K in broker commissions, 0.0254% of average net assets, and portfolio turnover was 72%.
FIFOX Fees and Expenses
Annual operating expenses and sales charges of FIFOX. Prospectus, as of June 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.78% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.07% |
| Gross expense ratio | 1.10% |
| Fee waiver | — |
| Net expense ratio | 1.10% |
| Sales charges | |
|---|---|
| Max front load | 5.75% |
| 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 |
FIFOX Costs Over Time
On $10,000 invested in FIFOX, assuming 5% a year before costs, total costs come to $1,396 over 5 years, cutting the return by 2.40% 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 | $575 | $575 | $575 |
| Fund expenses (net expense ratio 1.10%) | $109 | $339 | $587 |
| Trading costs (broker commissions) | $3 | $8 | $14 |
| Lost growth on money paid in costs | $29 | $108 | $220 |
| Total costs | $715 | $1,030 | $1,396 |
| Value after costs | $9,785 | $10,546 | $11,367 |
| Impact on return, per year | 7.15% | 3.21% | 2.40% |
FIFOX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending April 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0254%
- Total broker commissions: $53K
- Bought from dealers (principal trades, not a cost): $506K
- Portfolio turnover (prospectus): 72%
- Securities on loan, average value: $2.6M
- Net income from securities lending: $5K (0.002% of average net assets)
FIFOX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS GROUP INC (THE) | $11K | 23.89% |
| JPMORGAN CHASE and CO | $10K | 21.46% |
| BANK OF AMERICA CORPORATION | $6K | 13.18% |
| MORGAN STANLEY | $4K | 8.71% |
| UBS GROUP AG | $4K | 8.00% |
| CITIGROUP INC | $3K | 7.68% |
| VIRTU FINANCIAL INC | $3K | 5.59% |
| JEFFERIES FINANCIAL GROUP INC | $2K | 4.29% |
| BARCLAYS PLC | $2K | 4.14% |
| NOMURA HOLDINGS INC | $1K | 3.08% |
FIFOX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS GROUP INC (THE) | $469K | 92.65% |
| MORGAN STANLEY | $28K | 5.51% |
| CITIGROUP INC | $9K | 1.84% |
Fidelity Founders Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| FIFWX | Class Z | 0.70% | none |
| FIFVX | Class I | 0.79% | none |
| FIFNX | Fidelity Founders Fund | 0.80% | — |
| FIFOX | Class A | 1.10% | 5.75% |
| FIFPX | Class M | 1.35% | 3.50% |
| FIFQX | Class C | 1.85% | 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.