FUSIX Fees and Costs — Strategic Advisers Fidelity International Fund
Data updated: 2026-07-24
The net expense ratio is 0.29% (0.54% before fee waivers). There are no sales loads or redemption fees. In fiscal 2026 the fund paid $24.1M in broker commissions, 0.0431% of average net assets, and portfolio turnover was 34%.
FUSIX Fees and Expenses
Annual operating expenses and sales charges of FUSIX. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.38% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.54% |
| Fee waiver | −0.25% |
| Net expense ratio | 0.29% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
FUSIX Costs Over Time
On $10,000 invested in FUSIX, assuming 5% a year before costs, total costs come to $211 over 5 years, cutting the return by 0.35% 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 0.29%) | $30 | $96 | $167 |
| Trading costs (broker commissions) | $5 | $14 | $25 |
| Lost growth on money paid in costs | $0 | $5 | $19 |
| Total costs | $35 | $115 | $211 |
| Value after costs | $10,465 | $11,461 | $12,552 |
| Impact on return, per year | 0.35% | 0.35% | 0.35% |
FUSIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending February 28, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0431%
- Total broker commissions: $24.1M
- Bought from dealers (principal trades, not a cost): $394.5M
- Portfolio turnover (prospectus): 34%
- Securities on loan, average value: $341.9M
- Net income from securities lending: $943K (0.002% of average net assets)
FUSIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| JPMORGAN CHASE and CO | $3.9M | 18.03% |
| MORGAN STANLEY | $3.3M | 15.43% |
| GOLDMAN SACHS GROUP INC (THE) | $3.2M | 14.85% |
| BANK OF AMERICA CORPORATION | $2.6M | 12.18% |
| UBS GROUP AG | $2.5M | 11.63% |
| JEFFERIES FINANCIAL GROUP INC | $2.2M | 10.35% |
| CITIGROUP INC | $1.4M | 6.57% |
| TP ICAP GROUP PLC | $900K | 4.17% |
| BNP PARIBAS | $780K | 3.62% |
| VIRTU FINANCIAL INC | $685K | 3.18% |
FUSIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| WELLS FARGO and CO | $111.4M | 28.36% |
| BANK OF MONTREAL QUE | $95.7M | 24.36% |
| JEFFERIES FINANCIAL GROUP INC | $59.4M | 15.13% |
| NOMURA HOLDINGS INC | $44.4M | 11.30% |
| BARCLAYS PLC | $32.0M | 8.16% |
| CITIGROUP INC | $29.1M | 7.40% |
| MORGAN STANLEY | $9.8M | 2.49% |
| DEUTSCHE BANK AG | $7.2M | 1.83% |
| JPMORGAN CHASE and CO | $2.1M | 0.52% |
| CITADEL SECURITIES GLOBAL HOLDINGS LLC | $1.8M | 0.45% |
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.