FJACX Fees and Costs — Fidelity Series Small Cap Discovery Fund
Data updated: 2026-09-23
The net expense ratio is 0.00%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $929K in broker commissions, 0.0504% of average net assets, and portfolio turnover was 71%.
FJACX Fees and Expenses
Annual operating expenses and sales charges of FJACX. Prospectus, as of June 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.00% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.00% |
| Fee waiver | — |
| Net expense ratio | 0.00% |
| 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 |
FJACX Costs Over Time
On $10,000 invested in FJACX, assuming 5% a year before costs, total costs come to $32 over 5 years, cutting the return by 0.05% 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 0.00%) | $0 | $0 | $0 |
| Trading costs (broker commissions) | $5 | $17 | $29 |
| Lost growth on money paid in costs | $0 | $1 | $3 |
| Total costs | $5 | $17 | $32 |
| Value after costs | $10,495 | $11,559 | $12,731 |
| Impact on return, per year | 0.05% | 0.05% | 0.05% |
FJACX 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): 0.0504%
- Total broker commissions: $929K
- Bought from dealers (principal trades, not a cost): $16.9M
- Portfolio turnover (prospectus): 71%
- Securities on loan, average value: $82.1M
- Net income from securities lending: $113K (0.006% of average net assets)
FJACX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| JPMORGAN CHASE and CO | $131K | 19.50% |
| GOLDMAN SACHS GROUP INC (THE) | $105K | 15.68% |
| MORGAN STANLEY | $94K | 14.02% |
| BANK OF AMERICA CORPORATION | $81K | 12.03% |
| THE TORONTO DOMINION BANK | $62K | 9.23% |
| JEFFERIES FINANCIAL GROUP INC | $48K | 7.13% |
| UBS GROUP AG | $44K | 6.59% |
| BARCLAYS PLC | $39K | 5.88% |
| WELLS FARGO and CO | $35K | 5.28% |
| VIRTU FINANCIAL INC | $31K | 4.67% |
FJACX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS GROUP INC (THE) | $5.4M | 31.95% |
| PIPER SANDLER COS | $3.8M | 22.36% |
| MORGAN STANLEY | $2.8M | 16.69% |
| JEFFERIES FINANCIAL GROUP INC | $2.1M | 12.66% |
| STIFEL FINANCIAL CORP | $1.2M | 7.29% |
| BANK OF AMERICA CORPORATION | $942K | 5.59% |
| JPMORGAN CHASE and CO | $360K | 2.14% |
| LEERINK PARTNERS LLC | $225K | 1.33% |
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.