FUMIX Fees and Costs — Fidelity SAI U.S. Momentum Index Fund
Data updated: 2026-10-13
The net expense ratio is 0.10%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $243K in broker commissions, 0.0043% of average net assets, and portfolio turnover was 196%.
FUMIX Fees and Expenses
Annual operating expenses and sales charges of FUMIX. Prospectus, as of September 29, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.10% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.10% |
| Fee waiver | — |
| Net expense ratio | 0.10% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
FUMIX Costs Over Time
On $10,000 invested in FUMIX, assuming 5% a year before costs, total costs come to $66 over 5 years, cutting the return by 0.11% 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 0.10%) | $10 | $33 | $58 |
| Trading costs (broker commissions) | $0 | $1 | $2 |
| Lost growth on money paid in costs | $0 | $2 | $6 |
| Total costs | $11 | $36 | $66 |
| Value after costs | $10,489 | $11,540 | $12,696 |
| Impact on return, per year | 0.11% | 0.11% | 0.11% |
FUMIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending July 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0043%
- Total broker commissions: $243K
- Bought from dealers (principal trades, not a cost): $5.1M
- Portfolio turnover (prospectus): 196%
FUMIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| JPMORGAN CHASE and CO | $52K | 21.62% |
| MACQUARIE GROUP LTD | $48K | 20.24% |
| MORGAN STANLEY | $28K | 11.92% |
| BANK OF AMERICA CORPORATION | $28K | 11.89% |
| NOMURA HOLDINGS INC | $23K | 9.70% |
| BARCLAYS PLC | $17K | 6.92% |
| GOLDMAN SACHS GROUP INC (THE) | $15K | 6.12% |
| JEFFERIES FINANCIAL GROUP INC | $14K | 5.76% |
| ROYAL BANK OF CANADA | $11K | 4.42% |
| UBS GROUP AG | $3K | 1.41% |
FUMIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BANK OF MONTREAL QUE | $3.3M | 65.66% |
| JPMORGAN CHASE and CO | $957K | 18.80% |
| CITIGROUP INC | $790K | 15.53% |
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.