FTADX Fees and Costs — Fidelity International Discovery Fund, Class M
Data updated: 2026-09-23
The net expense ratio is 1.20%: a 0.70% management fee plus a 0.50% 12b-1 fee. This share class carries a maximum front-end sales load of 3.50%. In fiscal 2025 the fund paid $8.2M in broker commissions, 0.0772% of average net assets, and portfolio turnover was 54%.
FTADX Fees and Expenses
Annual operating expenses and sales charges of FTADX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.70% |
| 12b-1 fee | 0.50% |
| Other expenses | 0.00% |
| Gross expense ratio | 1.20% |
| Fee waiver | — |
| Net expense ratio | 1.20% |
| Sales charges | |
|---|---|
| Max front load | 3.50% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
FTADX Costs Over Time
On $10,000 invested in FTADX, assuming 5% a year before costs, total costs come to $1,213 over 5 years, cutting the return by 2.08% 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 | $350 | $350 | $350 |
| Fund expenses (net expense ratio 1.20%) | $122 | $378 | $654 |
| Trading costs (broker commissions) | $8 | $24 | $42 |
| Lost growth on money paid in costs | $18 | $75 | $167 |
| Total costs | $497 | $828 | $1,213 |
| Value after costs | $10,003 | $10,748 | $11,549 |
| Impact on return, per year | 4.97% | 2.56% | 2.08% |
FTADX 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): 0.0772%
- Total broker commissions: $8.2M
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 54%
- Securities on loan, average value: $60.0M
- Net income from securities lending: $700K (0.007% of average net assets)
FTADX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| UBS GROUP AG | $1.3M | 16.99% |
| JPMORGAN CHASE and CO | $1.1M | 15.19% |
| GOLDMAN SACHS GROUP INC (THE) | $1.1M | 15.16% |
| MORGAN STANLEY | $1.1M | 14.46% |
| BANK OF AMERICA CORPORATION | $987K | 13.27% |
| JEFFERIES FINANCIAL GROUP INC | $573K | 7.71% |
| CITIGROUP INC | $415K | 5.58% |
| TP ICAP GROUP PLC | $344K | 4.63% |
| VIRTU FINANCIAL INC | $296K | 3.98% |
| BNP PARIBAS | $225K | 3.03% |
Fidelity International Discovery Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| FIDKX | Class K | 0.59% | — |
| FZAIX | Class Z | 0.59% | none |
| FIGRX | Fidelity International Discovery Fund | 0.66% | — |
| FIADX | Class I | 0.70% | none |
| FAIDX | Class A | 0.95% | 5.75% |
| FTADX | Class M | 1.20% | 3.50% |
| FCADX | Class C | 1.70% | 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.