FSKLX Fees and Costs — Fidelity SAI International Low Volatility Index Fund
Data updated: 2026-09-23
The net expense ratio is 0.16%: a 0.15% management fee plus 0.01% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $500K in broker commissions, 0.0092% of average net assets, and portfolio turnover was 23%.
FSKLX Fees and Expenses
Annual operating expenses and sales charges of FSKLX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.15% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.01% |
| Gross expense ratio | 0.16% |
| Fee waiver | — |
| Net expense ratio | 0.16% |
| 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 |
FSKLX Costs Over Time
On $10,000 invested in FSKLX, assuming 5% a year before costs, total costs come to $108 over 5 years, cutting the return by 0.18% 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 0.16%) | $17 | $53 | $93 |
| Trading costs (broker commissions) | $1 | $3 | $5 |
| Lost growth on money paid in costs | $0 | $3 | $10 |
| Total costs | $18 | $59 | $108 |
| Value after costs | $10,482 | $11,518 | $12,655 |
| Impact on return, per year | 0.18% | 0.18% | 0.18% |
FSKLX 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): 0.0092%
- Total broker commissions: $500K
- Bought from dealers (principal trades, not a cost): $12.3M
- Portfolio turnover (prospectus): 23%
- Securities on loan, average value: $46.8M
- Net income from securities lending: $189K (0.003% of average net assets)
FSKLX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| UBS GROUP AG | $128K | 25.78% |
| JPMORGAN CHASE and CO | $77K | 15.54% |
| BARCLAYS PLC | $63K | 12.57% |
| CITIGROUP INC | $57K | 11.38% |
| BANK OF AMERICA CORPORATION | $35K | 7.02% |
| MACQUARIE GROUP LTD | $33K | 6.61% |
| JEFFERIES FINANCIAL GROUP INC | $33K | 6.57% |
| GOLDMAN SACHS GROUP INC (THE) | $27K | 5.43% |
| MORGAN STANLEY | $25K | 5.11% |
| NOMURA HOLDINGS INC | $20K | 3.98% |
FSKLX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| JPMORGAN CHASE and CO | $9.3M | 75.89% |
| CITIGROUP INC | $3.0M | 24.11% |
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.