FIKLX Fees and Costs — Fidelity International Real Estate Fund, Class Z
Data updated: 2026-10-13
The net expense ratio is 0.79%: a 0.72% management fee plus 0.07% other expenses. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $412K in broker commissions, 0.1211% of average net assets, and portfolio turnover was 99%.
FIKLX Fees and Expenses
Annual operating expenses and sales charges of FIKLX. Prospectus, as of September 29, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.72% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.07% |
| Gross expense ratio | 0.79% |
| Fee waiver | — |
| Net expense ratio | 0.79% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
FIKLX Costs Over Time
On $10,000 invested in FIKLX, assuming 5% a year before costs, total costs come to $571 over 5 years, cutting the return by 0.96% 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 0.79%) | $83 | $259 | $450 |
| Trading costs (broker commissions) | $13 | $40 | $69 |
| Lost growth on money paid in costs | $0 | $15 | $52 |
| Total costs | $96 | $314 | $571 |
| Value after costs | $10,404 | $11,263 | $12,192 |
| Impact on return, per year | 0.96% | 0.96% | 0.96% |
FIKLX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending July 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.1211%
- Total broker commissions: $412K
- Bought from dealers (principal trades, not a cost): $513K
- Portfolio turnover (prospectus): 99%
FIKLX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY | $53K | 17.29% |
| UBS GROUP AG | $45K | 14.63% |
| JEFFERIES FINANCIAL GROUP INC | $38K | 12.47% |
| JPMORGAN CHASE and CO | $30K | 9.81% |
| GOLDMAN SACHS GROUP INC (THE) | $28K | 9.01% |
| TP ICAP GROUP PLC | $26K | 8.40% |
| SUMITOMO MITSUI FINANCIAL GROUP INC | $25K | 8.02% |
| CITIGROUP INC | $24K | 7.74% |
| BANK OF AMERICA CORPORATION | $21K | 6.81% |
| NOMURA HOLDINGS INC | $18K | 5.81% |
FIKLX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| JPMORGAN CHASE and CO | $513K | 100.00% |
Fidelity International Real Estate Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| FIKLX | Class Z | 0.79% | none |
| FIREX | Fidelity International Real Estate Fund | 0.88% | — |
| FIRIX | Class I | 0.91% | none |
| FIRAX | Class A | 1.18% | 5.75% |
| FIRTX | Class M | 1.43% | 3.50% |
| FIRCX | Class C | 1.93% | 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.