Expense Ratio History

FMFLX expense ratio history

Fidelity SAI Managed Futures Fund

Fund company
Fidelity
Type
Mutual fund

1.18%

In basis points
118 basis points
Yearly cost per $10,000
$118
Prospectus dated
31 March 2026, filed with the SEC; rounded to 0.01%
Last change
Raised from 1.17% on 31 March 2026

Fee over time

FMFLX expense ratio: 1.17% until 31 Mar 2026, then 1.18%; read at 1.18% on 31 Mar 2026.0.00%0.50%1.00%1.50%2.00%May 2025Aug 2025Nov 2025Feb 2026May 20261.17% before1.18% from 31 Mar 2026
FMFLX expense ratio: 1.17% until 31 Mar 2026, then 1.18%; read at 1.18% on 31 Mar 2026.0.00%0.50%1.00%1.50%2.00%May 2025Oct 2025Mar 20261.17% before1.18% from 31 Mar 2026
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.

Every figure we've recorded

DateFeeWhat happened
31 Mar 2026 1.18% In the prospectusTotal annual fund operating expenses in the prospectus dated 2026-03-31 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
31 Mar 2026 1.18% Raised from 1.17% to 1.18%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2026-03-27
31 May 2025 1.17% In the prospectusTotal annual fund operating expenses in the prospectus dated 2025-05-31 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS

What this fee costs

Change the amount, years or return. The estimate keeps the fee at 1.18% and the return steady each year, the same assumptions as the cost example in a fund's prospectus.

$1,438 in fees over 10 years

After fees, $10,000 grows to $14,507.

Fees paid on $10,000 at 5% a year
AfterFees paid
1 year$121
3 years$377
5 years$652
10 years$1,438

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 2 prospectuses for this share class since 2025. Each one is listed above with a link to the filing.

How we read fees

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