FTAAX Fees and Costs — Fidelity Asset Manager 30%, Class A
Data updated: 2026-08-24
The net expense ratio is 0.77% (0.80% before fee waivers). This share class carries a maximum front-end sales load of 5.75%. In fiscal 2024 the fund paid $72K in broker commissions, 0.0035% of average net assets, and portfolio turnover was 24%.
FTAAX Fees and Expenses
Annual operating expenses and sales charges of FTAAX. Prospectus, as of November 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.51% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.01% |
| Gross expense ratio | 0.80% |
| Fee waiver | −0.03% |
| Net expense ratio | 0.77% |
| Sales charges | |
|---|---|
| Max front load | 5.75% |
| 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 |
FTAAX Costs Over Time
On $10,000 invested in FTAAX, assuming 5% a year before costs, total costs come to $1,192 over 5 years, cutting the return by 2.04% 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 |
| Sales charges | $575 | $575 | $575 |
| Fund expenses (net expense ratio 0.77%) | $76 | $238 | $414 |
| Trading costs (broker commissions) | $0 | $1 | $2 |
| Lost growth on money paid in costs | $29 | $102 | $201 |
| Total costs | $680 | $917 | $1,192 |
| Value after costs | $9,820 | $10,659 | $11,571 |
| Impact on return, per year | 6.80% | 2.85% | 2.04% |
FTAAX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.0035%
- Total broker commissions: $72K
- Bought from dealers (principal trades, not a cost): $23.0M
- Portfolio turnover (prospectus): 24%
- Securities on loan, average value: $3.7M
- Net income from securities lending: $12K (0.001% of average net assets)
FTAAX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS GROUP INC (THE) | $32K | 44.59% |
| JANE STREET GROUP LLC | $27K | 37.11% |
| MORGAN STANLEY | $6K | 8.52% |
| UBS GROUP AG | $3K | 4.54% |
| BANK OF AMERICA CORPORATION | $3K | 4.20% |
| BARCLAYS PLC | $709 | 0.99% |
| ROYAL BANK OF CANADA | $38 | 0.05% |
FTAAX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| NOMURA HOLDINGS INC | $13.7M | 59.70% |
| JPMORGAN CHASE and CO | $3.3M | 14.37% |
| WELLS FARGO and CO | $3.1M | 13.39% |
| CITADEL SECURITIES LP | $1.8M | 7.95% |
| BANK OF MONTREAL QUE | $583K | 2.53% |
| CITIGROUP INC | $454K | 1.97% |
| DEUTSCHE BANK AG | $20K | 0.09% |
Fidelity Asset Manager 30% Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| FIKWX | Class Z | 0.47% | none |
| FTANX | Fidelity Asset Manager 30% | 0.50% | — |
| FTINX | Class I | 0.52% | none |
| FTAAX | Class A | 0.77% | 5.75% |
| FTTNX | Class M | 1.02% | 3.50% |
| FCANX | Class C | 1.52% | 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.