Expense Ratio History

FAQDX expense ratio history

Fidelity Macro Opportunities Fund, Fidelity Advisor Macro Opportunities Fund: Class M

Fund company
Fidelity
Type
Mutual fund

1.44%

In basis points
144 basis points
Yearly cost per $10,000
$144
Prospectus dated
31 March 2024, filed with the SEC; rounded to 0.01%
Last change
Cut from 2.85% on 31 March 2024

Fee over time

FAQDX expense ratio: 2.83% until 31 Mar 2023, then 2.85%; 2.85% until 31 Mar 2024, then 1.44%; read at 1.44% on 31 Mar 2024.0.00%1.00%2.00%3.00%4.00%May 2022Oct 2022Mar 2023Aug 2023Jan 20242.83% before1.44% from 31 Mar 2024
FAQDX expense ratio: 2.83% until 31 Mar 2023, then 2.85%; 2.85% until 31 Mar 2024, then 1.44%; read at 1.44% on 31 Mar 2024.0.00%1.00%2.00%3.00%4.00%May 2022Feb 2023Nov 20232.83% before1.44% from 31 Mar 2024
Solid line: the fee in effect after each recorded change. Dashed: the fee before it. Dots: prospectuses filed with the SEC and dates we read the fee from a source.

Share classes

The same fund is sold as 6 share classes, each with its own fee. Figures are from each class's latest prospectus in SEC filings, rounded to 0.01%.

TickerShare classFeeAfter waiversProspectus dated
FAQDX (this page) Fidelity Advisor Macro Opportunities Fund: Class M 1.44% 1.34% 31 Mar 2024
FAQCX Fidelity Advisor Macro Opportunities Fund: Class C 1.94% 1.84% 31 Mar 2024
FAQEX Fidelity Advisor Macro Opportunities Fund: Class I 0.94% 0.84% 31 Mar 2024
FAQFX Fidelity Advisor Macro Opportunities Fund: Class Z 0.89% 0.79% 31 Mar 2024
FAQAX Fidelity Macro Opportunities Fund 0.92% 0.84% 31 Mar 2024
FAQBX Fidelity Advisor Macro Opportunities Fund: Class A 1.19% 1.09% 31 Mar 2024

Every figure we've recorded

DateFeeWhat happened
31 Mar 2024 1.44% In the prospectusTotal annual fund operating expenses in the prospectus dated 2024-03-31 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
31 Mar 2024 1.44% Cut from 2.85% to 1.44%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2024-03-26
31 Mar 2023 2.85% In the prospectusTotal annual fund operating expenses in the prospectus dated 2023-03-31 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
31 Mar 2023 2.85% Raised from 2.83% to 2.85%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2023-03-28
23 May 2022 2.83% In the prospectusTotal annual fund operating expenses in the prospectus dated 2022-05-23 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497

What this fee costs

Change the amount, years or return. The estimate keeps the fee at 1.44% and the return steady each year, the same assumptions as the cost example in a fund's prospectus.

$1,733 in fees over 10 years

After fees, $10,000 grows to $14,139.

Fees paid on $10,000 at 5% a year
AfterFees paid
1 year$148
3 years$459
5 years$792
10 years$1,733

How we read this figure

The figure is the total annual fund operating expenses line of the fee table in the fund's prospectus, as tagged in the fund company's filing with the SEC. The SEC publishes these figures rounded to four decimal places, so 0.015% appears as 0.02%. The fund company's own page may show a more precise number.

SEC filings give 3 prospectuses for this share class since 2022. Each one is listed above with a link to the filing.

How we read fees

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