FSHCX Fees and Costs — Select Health Care Services Portfolio
Data updated: 2026-07-24
The net expense ratio is 0.67%: a 0.66% management fee plus 0.01% other expenses. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $305K in broker commissions, 0.0327% of average net assets, and portfolio turnover was 71%.
FSHCX Fees and Expenses
Annual operating expenses and sales charges of FSHCX. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.66% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.01% |
| Gross expense ratio | 0.67% |
| Fee waiver | — |
| Net expense ratio | 0.67% |
| 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 |
FSHCX Costs Over Time
On $10,000 invested in FSHCX, assuming 5% a year before costs, total costs come to $442 over 5 years, cutting the return by 0.74% 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 0.67%) | $70 | $220 | $383 |
| Trading costs (broker commissions) | $3 | $11 | $19 |
| Lost growth on money paid in costs | $0 | $11 | $40 |
| Total costs | $74 | $242 | $442 |
| Value after costs | $10,426 | $11,334 | $12,321 |
| Impact on return, per year | 0.74% | 0.74% | 0.74% |
FSHCX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending February 28, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0327%
- Total broker commissions: $305K
- Bought from dealers (principal trades, not a cost): $18.3M
- Portfolio turnover (prospectus): 71%
- Securities on loan, average value: $29.4M
- Net income from securities lending: $38K (0.004% of average net assets)
FSHCX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY | $32K | 13.98% |
| GOLDMAN SACHS GROUP INC (THE) | $29K | 12.70% |
| NOMURA HOLDINGS INC | $29K | 12.58% |
| VIRTU FINANCIAL INC | $24K | 10.70% |
| CONDOR TRADING LLC | $22K | 9.84% |
| BANK OF AMERICA CORPORATION | $21K | 9.10% |
| JPMORGAN CHASE and CO | $21K | 9.02% |
| JEFFERIES FINANCIAL GROUP INC | $19K | 8.26% |
| CITIGROUP INC | $16K | 7.08% |
| UBS GROUP AG | $15K | 6.74% |
FSHCX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BARCLAYS PLC | $13.7M | 75.08% |
| MORGAN STANLEY | $3.1M | 16.82% |
| JPMORGAN CHASE and CO | $1.0M | 5.55% |
| GOLDMAN SACHS GROUP INC (THE) | $423K | 2.32% |
| BANK OF AMERICA CORPORATION | $44K | 0.24% |
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.