FUGIX Fees and Costs — Fidelity Advisor Utilities Fund, Class I
Data updated: 2025-10-14
The net expense ratio is 0.72%: a 0.69% management fee plus 0.03% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $834K in broker commissions, 0.0749% of average net assets, and portfolio turnover was 119%.
FUGIX Fees and Expenses
Annual operating expenses and sales charges of FUGIX. Prospectus, as of September 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.69% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.03% |
| Gross expense ratio | 0.72% |
| Fee waiver | — |
| Net expense ratio | 0.72% |
| 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 | No |
| Waived fees subject to recoupment | No |
FUGIX Costs Over Time
On $10,000 invested in FUGIX, assuming 5% a year before costs, total costs come to $499 over 5 years, cutting the return by 0.83% 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 0.72%) | $76 | $236 | $411 |
| Trading costs (broker commissions) | $8 | $25 | $43 |
| Lost growth on money paid in costs | $0 | $13 | $46 |
| Total costs | $83 | $274 | $499 |
| Value after costs | $10,417 | $11,302 | $12,264 |
| Impact on return, per year | 0.83% | 0.83% | 0.83% |
FUGIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending July 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0749%
- Total broker commissions: $834K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 119%
- Securities on loan, average value: $5.5M
- Net income from securities lending: $14K (0.001% of average net assets)
FUGIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| ROYAL BANK OF CANADA | $106K | 16.61% |
| JPMORGAN CHASE and CO | $74K | 11.59% |
| BANK OF AMERICA CORPORATION | $71K | 11.14% |
| GOLDMAN SACHS GROUP INC (THE) | $69K | 10.80% |
| MORGAN STANLEY | $66K | 10.35% |
| CITIGROUP INC | $65K | 10.25% |
| UBS GROUP AG | $61K | 9.52% |
| BARCLAYS PLC | $50K | 7.86% |
| JEFFERIES FINANCIAL GROUP INC | $44K | 6.85% |
| MIZUHO FINANCIAL GROUP INC | $32K | 5.03% |
Fidelity Advisor Utilities Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| FIKIX | Class Z | 0.60% | none |
| FUGIX | Class I | 0.72% | none |
| FUGAX | Class A | 0.98% | 5.75% |
| FAUFX | Class M | 1.23% | 3.50% |
| FUGCX | Class C | 1.73% | 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.