FZFLX Fees and Costs — Fidelity SAI Small-Mid Cap 500 Index Fund
Data updated: 2026-10-13
The net expense ratio is 0.05%: a 0.11% management fee plus 0.01% other expenses, less a 0.07% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $287K in broker commissions, 0.0132% of average net assets, and portfolio turnover was 180%.
FZFLX Fees and Expenses
Annual operating expenses and sales charges of FZFLX. Prospectus, as of September 29, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.11% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.01% |
| Gross expense ratio | 0.12% |
| Fee waiver | −0.07% |
| Net expense ratio | 0.05% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
FZFLX Costs Over Time
On $10,000 invested in FZFLX, assuming 5% a year before costs, total costs come to $40 over 5 years, cutting the return by 0.07% 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 0.05%) | $5 | $17 | $29 |
| Trading costs (broker commissions) | $1 | $4 | $8 |
| Lost growth on money paid in costs | $0 | $1 | $4 |
| Total costs | $7 | $22 | $40 |
| Value after costs | $10,493 | $11,554 | $12,723 |
| Impact on return, per year | 0.07% | 0.07% | 0.07% |
FZFLX 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): 0.0132%
- Total broker commissions: $287K
- Bought from dealers (principal trades, not a cost): $695K
- Portfolio turnover (prospectus): 180%
FZFLX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| JPMORGAN CHASE and CO | $56K | 20.12% |
| MACQUARIE GROUP LTD | $54K | 19.34% |
| UBS GROUP AG | $45K | 16.25% |
| MORGAN STANLEY | $29K | 10.30% |
| BARCLAYS PLC | $22K | 7.90% |
| NOMURA HOLDINGS INC | $19K | 6.86% |
| JEFFERIES FINANCIAL GROUP INC | $18K | 6.32% |
| BANK OF AMERICA CORPORATION | $17K | 6.17% |
| ROYAL BANK OF CANADA | $11K | 3.79% |
| CITIGROUP INC | $8K | 2.95% |
FZFLX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BANK OF MONTREAL QUE | $502K | 72.33% |
| JPMORGAN CHASE and CO | $115K | 16.54% |
| CITIGROUP INC | $77K | 11.12% |
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.