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Fidelity Emerging Markets Fund in registration (other share classes)
Thanks for this! These are advisor funds. Fidelity merged the old FSICX into an advisor fund (FADMX). Wonder if all their funds are headed that way. **5 fund classes running as high as 2.05%. I can Google, but is there a standard definition for all these classes ? I know I is institutional. And A is advisor, But do the others represent terms?
Annual Operating Expenses (expenses that you pay each year as a % of the value of your investment)
Class A Class M Class C Class I Class Z Management fee 0.68% 0.68% 0.68% 0.68% 0.68% Distribution and/or Service (12b-1) fees 0.25% 0.50% 1.00% None None Other expenses(a) 0.34% 0.37% 0.37% 0.36% 0.12% Total annual operating expenses 1.27% 1.55% 2.05% 1.04% 0.80%
Morningstar has a good desciption of share classes. PDF Some mutual fund firms offer funds with a veritable alphabet soup of share classes. American Funds is one such firm. For reference, look at the New Perspective Fund. Link
Comments
These are advisor funds. Fidelity merged the old FSICX into an advisor fund (FADMX). Wonder if all their funds are headed that way.
**5 fund classes running as high as 2.05%.
I can Google, but is there a standard definition for all these classes ? I know I is institutional. And A is advisor, But do the others represent terms?
Annual Operating Expenses
(expenses that you pay each year as a % of the value of your investment)
Class A Class M Class C Class I Class Z
Management fee 0.68% 0.68% 0.68% 0.68% 0.68%
Distribution and/or Service (12b-1) fees 0.25% 0.50% 1.00% None None
Other expenses(a) 0.34% 0.37% 0.37% 0.36% 0.12%
Total annual operating expenses 1.27% 1.55% 2.05% 1.04% 0.80%
Some mutual fund firms offer funds with a veritable alphabet soup of share classes.
American Funds is one such firm.
For reference, look at the New Perspective Fund. Link