FIKZX Fees and Costs — Fidelity Asset Manager 50%, Class Z
Data updated: 2026-08-24
The net expense ratio is 0.45% (0.48% before fee waivers). There are no sales loads or redemption fees. In fiscal 2024 the fund paid $235K in broker commissions, 0.0025% of average net assets, and portfolio turnover was 25%.
FIKZX Fees and Expenses
Annual operating expenses and sales charges of FIKZX. Prospectus, as of November 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.45% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.48% |
| Fee waiver | −0.03% |
| Net expense ratio | 0.45% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| 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 |
FIKZX Costs Over Time
On $10,000 invested in FIKZX, assuming 5% a year before costs, total costs come to $286 over 5 years, cutting the return by 0.48% 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 0.45%) | $47 | $148 | $259 |
| Trading costs (broker commissions) | $0 | $1 | $1 |
| Lost growth on money paid in costs | $0 | $7 | $26 |
| Total costs | $48 | $156 | $286 |
| Value after costs | $10,452 | $11,420 | $12,477 |
| Impact on return, per year | 0.48% | 0.48% | 0.48% |
FIKZX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.0025%
- Total broker commissions: $235K
- Bought from dealers (principal trades, not a cost): $96.7M
- Portfolio turnover (prospectus): 25%
- Securities on loan, average value: $11.3M
- Net income from securities lending: $21K (0.000% of average net assets)
FIKZX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS GROUP INC (THE) | $96K | 40.94% |
| JANE STREET GROUP LLC | $80K | 33.92% |
| MORGAN STANLEY | $28K | 11.75% |
| BANK OF AMERICA CORPORATION | $15K | 6.51% |
| UBS GROUP AG | $13K | 5.41% |
| BARCLAYS PLC | $3K | 1.28% |
| ROYAL BANK OF CANADA | $477 | 0.20% |
FIKZX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| NOMURA HOLDINGS INC | $46.2M | 47.80% |
| CITIGROUP INC | $15.0M | 15.47% |
| DEUTSCHE BANK AG | $12.0M | 12.45% |
| GOLDMAN SACHS GROUP INC (THE) | $11.2M | 11.57% |
| CITADEL SECURITIES LP | $9.0M | 9.33% |
| BANK OF MONTREAL QUE | $2.8M | 2.89% |
| MORGAN STANLEY | $434K | 0.45% |
| WELLS FARGO and CO | $39K | 0.04% |
Fidelity Asset Manager 50% Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| FIKZX | Class Z | 0.45% | none |
| FASMX | Fidelity Asset Manager 50% | 0.53% | — |
| FFIMX | Class I | 0.57% | none |
| FFAMX | Class A | 0.82% | 5.75% |
| FFTMX | Class M | 1.07% | 3.50% |
| FFCMX | Class C | 1.57% | 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.