FIUIX Fees and Costs — Fidelity Telecom and Utilities Fund
Data updated: 2026-09-23
The net expense ratio is 0.68%: a 0.67% management fee plus 0.01% other expenses. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $1.1M in broker commissions, 0.0655% of average net assets, and portfolio turnover was 94%.
FIUIX Fees and Expenses
Annual operating expenses and sales charges of FIUIX. Prospectus, as of April 1, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.67% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.01% |
| Gross expense ratio | 0.68% |
| Fee waiver | — |
| Net expense ratio | 0.68% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
FIUIX Costs Over Time
On $10,000 invested in FIUIX, assuming 5% a year before costs, total costs come to $469 over 5 years, cutting the return by 0.78% 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 0.68%) | $71 | $223 | $388 |
| Trading costs (broker commissions) | $7 | $22 | $37 |
| Lost growth on money paid in costs | $0 | $12 | $43 |
| Total costs | $78 | $257 | $469 |
| Value after costs | $10,422 | $11,319 | $12,294 |
| Impact on return, per year | 0.78% | 0.78% | 0.78% |
FIUIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending January 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0655%
- Total broker commissions: $1.1M
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 94%
- Securities on loan, average value: $13.8M
- Net income from securities lending: $14K (0.001% of average net assets)
FIUIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BARCLAYS PLC | $316K | 35.07% |
| GOLDMAN SACHS GROUP INC (THE) | $86K | 9.58% |
| MORGAN STANLEY | $77K | 8.55% |
| CITIGROUP INC | $70K | 7.78% |
| BANK OF AMERICA CORPORATION | $70K | 7.77% |
| ROYAL BANK OF CANADA | $64K | 7.11% |
| JPMORGAN CHASE and CO | $63K | 7.00% |
| JEFFERIES FINANCIAL GROUP INC | $63K | 7.00% |
| UBS GROUP AG | $47K | 5.20% |
| VIRTU FINANCIAL INC | $45K | 4.95% |
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.