FWMNX Fees and Costs — Fidelity Women's Leadership Fund, Class I
Data updated: 2026-09-23
The net expense ratio is 0.69%: a 0.58% management fee plus 0.11% other expenses. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $16K in broker commissions, 0.0102% of average net assets, and portfolio turnover was 25%.
FWMNX Fees and Expenses
Annual operating expenses and sales charges of FWMNX. Prospectus, as of June 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.58% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.11% |
| Gross expense ratio | 0.69% |
| Fee waiver | — |
| Net expense ratio | 0.69% |
| 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 |
FWMNX Costs Over Time
On $10,000 invested in FWMNX, assuming 5% a year before costs, total costs come to $441 over 5 years, cutting the return by 0.74% 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 0.69%) | $72 | $227 | $394 |
| Trading costs (broker commissions) | $1 | $3 | $6 |
| Lost growth on money paid in costs | $0 | $11 | $40 |
| Total costs | $74 | $241 | $441 |
| Value after costs | $10,426 | $11,335 | $12,322 |
| Impact on return, per year | 0.74% | 0.74% | 0.74% |
FWMNX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending April 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0102%
- Total broker commissions: $16K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 25%
- Securities lending: none during the year
FWMNX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| JPMORGAN CHASE and CO | $2K | 16.42% |
| BANK OF AMERICA CORPORATION | $2K | 16.23% |
| UBS GROUP AG | $2K | 15.93% |
| BNP PARIBAS | $1K | 8.94% |
| MORGAN STANLEY | $1K | 8.90% |
| BARCLAYS PLC | $1K | 8.77% |
| GOLDMAN SACHS GROUP INC (THE) | $1K | 7.63% |
| CITIGROUP INC | $865 | 6.29% |
| VIRTU FINANCIAL INC | $844 | 6.14% |
| JEFFERIES FINANCIAL GROUP INC | $655 | 4.76% |
Fidelity Women's Leadership Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| FWOZX | Class Z | 0.57% | none |
| FWOMX | Fidelity Women's Leadership Fund | 0.67% | — |
| FWMNX | Class I | 0.69% | none |
| FWOAX | Class A | 0.97% | 5.75% |
| FWOEX | Class M | 1.22% | 3.50% |
| FWOCX | Class C | 1.72% | 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.