FSZIX Fees and Costs — Fidelity Sustainable Emerging Markets Equity Fund, Class I
Data updated: 2026-09-23
The net expense ratio is 1.25%: a 0.91% management fee plus 2.87% other expenses, less a 2.53% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $17K in broker commissions, 0.2147% of average net assets, and portfolio turnover was 94%.
FSZIX Fees and Expenses
Annual operating expenses and sales charges of FSZIX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.91% |
| 12b-1 fee | 0.00% |
| Other expenses | 2.87% |
| Gross expense ratio | 3.78% |
| Fee waiver | −2.53% |
| Net expense ratio | 1.25% |
| 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 | Yes |
| Waived fees subject to recoupment | No |
FSZIX Costs Over Time
On $10,000 invested in FSZIX, assuming 5% a year before costs, total costs come to $908 over 5 years, cutting the return by 1.54% 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 1.25%) | $131 | $408 | $703 |
| Trading costs (broker commissions) | $23 | $70 | $121 |
| Lost growth on money paid in costs | $0 | $24 | $84 |
| Total costs | $154 | $501 | $908 |
| Value after costs | $10,346 | $11,075 | $11,855 |
| Impact on return, per year | 1.54% | 1.54% | 1.54% |
FSZIX 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): 0.2147%
- Total broker commissions: $17K
- Bought from dealers (principal trades, not a cost): $8K
- Portfolio turnover (prospectus): 94%
- Securities lending: none during the year
FSZIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY | $3K | 17.88% |
| JPMORGAN CHASE and CO | $2K | 14.91% |
| UBS GROUP AG | $2K | 13.41% |
| BANK OF AMERICA CORPORATION | $2K | 13.12% |
| JEFFERIES FINANCIAL GROUP INC | $2K | 10.57% |
| CITIGROUP INC | $1K | 10.02% |
| GOLDMAN SACHS GROUP INC (THE) | $1K | 9.55% |
| MACQUARIE GROUP LTD | $602 | 4.11% |
| NOMURA HOLDINGS INC | $546 | 3.73% |
| HSBC HOLDINGS PLC | $397 | 2.71% |
FSZIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS GROUP INC (THE) | $8K | 100.00% |
Fidelity Sustainable Emerging Markets Equity Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| FSZZX | Class Z | 1.10% | none |
| FSYJX | Fidelity Sustainable Emerging Markets Equity Fund | 1.25% | — |
| FSZIX | Class I | 1.25% | none |
| FSWAX | Class A | 1.50% | 5.75% |
| FSYNX | Class M | 1.75% | 3.50% |
| FSYKX | Class C | 2.25% | 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.