FMFMX Fees and Costs — Fidelity Advisor Series Equity Growth Fund
Data updated: 2026-07-24
The net expense ratio is 0.00%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $283K in broker commissions, 0.0212% of average net assets, and portfolio turnover was 89%.
FMFMX Fees and Expenses
Annual operating expenses and sales charges of FMFMX. Prospectus, as of January 31, 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 |
FMFMX Costs Over Time
On $10,000 invested in FMFMX, assuming 5% a year before costs, total costs come to $14 over 5 years, cutting the return by 0.02% 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) | $2 | $7 | $12 |
| Lost growth on money paid in costs | $0 | $0 | $1 |
| Total costs | $2 | $7 | $14 |
| Value after costs | $10,498 | $11,569 | $12,749 |
| Impact on return, per year | 0.02% | 0.02% | 0.02% |
FMFMX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending November 30, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0212%
- Total broker commissions: $283K
- Bought from dealers (principal trades, not a cost): $5.9M
- Portfolio turnover (prospectus): 89%
- Securities on loan, average value: $4.7M
- Net income from securities lending: $155K (0.012% of average net assets)
FMFMX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BANK OF AMERICA CORPORATION | $50K | 21.77% |
| JPMORGAN CHASE and CO | $38K | 16.73% |
| GOLDMAN SACHS GROUP INC (THE) | $35K | 15.53% |
| MORGAN STANLEY | $35K | 15.31% |
| UBS GROUP AG | $15K | 6.70% |
| JEFFERIES FINANCIAL GROUP INC | $15K | 6.44% |
| CITIGROUP INC | $14K | 6.02% |
| NOMURA HOLDINGS INC | $10K | 4.25% |
| VIRTU FINANCIAL INC | $9K | 4.02% |
| BARCLAYS PLC | $7K | 3.22% |
FMFMX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY | $2.3M | 39.78% |
| JPMORGAN CHASE and CO | $1.6M | 27.09% |
| BANK OF AMERICA CORPORATION | $1.4M | 24.60% |
| GOLDMAN SACHS GROUP INC (THE) | $263K | 4.46% |
| JEFFERIES FINANCIAL GROUP INC | $144K | 2.44% |
| CITIGROUP INC | $96K | 1.63% |
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.