FIQQX Fees and Costs — Fidelity Advisor Global Equity Income Fund, Class Z
Data updated: 2024-09-25
The net expense ratio is 0.90%: a 0.72% management fee plus 0.21% other expenses, less a 0.03% fee waiver. There are no sales loads or redemption fees. In fiscal 2023 the fund paid $28K in broker commissions, 0.0303% of average net assets, and portfolio turnover was 25%.
FIQQX Fees and Expenses
Annual operating expenses and sales charges of FIQQX. Prospectus, as of December 31, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.72% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.21% |
| Gross expense ratio | 0.93% |
| Fee waiver | −0.03% |
| Net expense ratio | 0.90% |
| 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 |
FIQQX Costs Over Time
On $10,000 invested in FIQQX, assuming 5% a year before costs, total costs come to $583 over 5 years, cutting the return by 0.98% 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 0.90%) | $94 | $295 | $512 |
| Trading costs (broker commissions) | $3 | $10 | $17 |
| Lost growth on money paid in costs | $0 | $15 | $53 |
| Total costs | $98 | $320 | $583 |
| Value after costs | $10,402 | $11,256 | $12,180 |
| Impact on return, per year | 0.98% | 0.98% | 0.98% |
FIQQX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2023.
- Explicit cost rate (commissions ÷ average net assets): 0.0303%
- Total broker commissions: $28K
- Bought from dealers (principal trades, not a cost): $190K
- Portfolio turnover (prospectus): 25%
- Securities on loan, average value: $297K
- Net income from securities lending: $3K (0.003% of average net assets)
FIQQX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BANK OF AMERICA CORPORATION | $3K | 15.40% |
| JPMORGAN CHASE and CO | $3K | 13.21% |
| MORGAN STANLEY | $3K | 12.89% |
| UBS GROUP AG | $2K | 11.17% |
| GOLDMAN SACHS GROUP INC (THE) | $2K | 10.33% |
| JEFFERIES GROUP LLC | $2K | 8.95% |
| CITIGROUP INC | $2K | 7.62% |
| BARCLAYS PLC | $2K | 7.22% |
| VIRTU FINANCIAL INC | $1K | 6.73% |
| EXANE SA | $1K | 6.48% |
FIQQX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS GROUP INC (THE) | $150K | 78.64% |
| JPMORGAN CHASE and CO | $41K | 21.36% |
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.