FJPIX Fees and Costs — Fidelity Japan Fund, Class I
Data updated: 2026-09-23
The net expense ratio is 0.78%: a 0.75% management fee plus 0.03% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $453K in broker commissions, 0.0603% of average net assets, and portfolio turnover was 39%.
FJPIX Fees and Expenses
Annual operating expenses and sales charges of FJPIX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.03% |
| Gross expense ratio | 0.78% |
| Fee waiver | — |
| Net expense ratio | 0.78% |
| 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 | No |
| Waived fees subject to recoupment | No |
FJPIX Costs Over Time
On $10,000 invested in FJPIX, assuming 5% a year before costs, total costs come to $527 over 5 years, cutting the return by 0.88% 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 0.78%) | $82 | $256 | $445 |
| Trading costs (broker commissions) | $6 | $20 | $34 |
| Lost growth on money paid in costs | $0 | $14 | $48 |
| Total costs | $88 | $289 | $527 |
| Value after costs | $10,412 | $11,287 | $12,236 |
| Impact on return, per year | 0.88% | 0.88% | 0.88% |
FJPIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0603%
- Total broker commissions: $453K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 39%
- Securities on loan, average value: $32.3M
- Net income from securities lending: $315K (0.042% of average net assets)
FJPIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY | $129K | 31.65% |
| JEFFERIES FINANCIAL GROUP INC | $69K | 16.90% |
| BANK OF AMERICA CORPORATION | $57K | 13.95% |
| UBS GROUP AG | $36K | 8.89% |
| TP ICAP GROUP PLC | $29K | 7.18% |
| GOLDMAN SACHS GROUP INC (THE) | $21K | 5.17% |
| NOMURA HOLDINGS INC | $20K | 4.90% |
| MACQUARIE GROUP LTD | $18K | 4.34% |
| CITIGROUP INC | $18K | 4.32% |
| SUMITOMO MITSUI FINANCIAL GROUP INC | $11K | 2.69% |
Fidelity Japan Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| FIQLX | Class Z | 0.64% | none |
| FJPNX | Fidelity Japan Fund | 0.74% | — |
| FJPIX | Class I | 0.78% | none |
| FPJAX | Class A | 1.03% | 5.75% |
| FJPTX | Class M | 1.28% | 3.50% |
| FJPCX | Class C | 1.78% | 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.