However, the fund may charge a short-term trading or redemption fee to protect the interests of long-term shareholders of the fund. However, you will not pay a sales load on TF funds. Redemption Charge Maximum: 0.00%: 12b-1 Fee: na: Expense Ratio (%): 0.82% (Rating: High within category) If repurchase requests exceed the number of shares that a fund offers to repurchase during the repurchase period, repurchases are prorated (reduced by the same percentage across all trades) prior to processing. Leveraged and Inverse Products: What you need to know. The information contained herein is the proprietary information of Morningstar, Inc., and may not be copied or redistributed for any purpose and may only be used for noncommercial, personal purposes. f - front load (sales charges). Please refer to the FINRA Disclosure Statement for further details. d - Deferred sales charge, or redemption fee. Transaction fee (TF) funds: A transaction fee is similar to a brokerage fee or commission which you pay when you buy or sell a stock. Inverse mutual funds typically use derivatives to attempt to move in the opposite direction of the underlying index by a certain multiple each day or month. Funds are also subject to management fees and expenses. ... redemption fees), placing more emphasis on downward variations and rewarding … For funds with at least a 3-year history, a Morningstar Rating (tm) is based on a risk-adjusted return measure that accounts for variation in a fund's monthly performance (including the effects of sales charges, loads, and redemption fees) with emphasis on downward variations and … [Fidelity reserves the right to change the funds available without transaction fees and reinstate the fees on any funds. Otherwise, please contact your Prudential Representative. ... but does not reflect the effect of any applicable sales or redemption charges which would lower these figures. These funds trade much differently than other mutual funds. 03 + 1.7 + 8.3/ B + 5.6/ B + 5.7/ C The Republican Herald Classified­s FRPAX 728 10.04 ... + 1.2 + 4.1/ C + 3.7/ D + 3.1/ D Fund Footnotes: b - Fee covering market costs is paid from fund assets. Performance charts for Fidelity Contrafund Fund (FCNTX) including intraday, historical and comparison charts, technical analysis and trend lines. Keep in mind that the short-term trading fee charged by Fidelity on FundsNetwork NTF funds is different and separate from a short-term redemption fee assessed by the fund itself. m - Multiple fees are charged, usually a marketing fee and either a sales or redemption fee. m - Multiple fees are charged, usually a marketing fee and either a sales or redemption fee. Inverse mutual funds seek to provide the opposite of the investment returns, also daily or monthly, of a given index or benchmark, either in whole or by multiples. For each of these trade orders placed through a broker, a $25 service charge applies. Class B shares also normally impose a contingent deferred sales charge (CDSC), which you pay if you sell your shares within a certain time period. Back-end load (contingent deferred sales charge): A back-end load or contingent deferred sales charge is an alternative to the traditional front-end sales charge in that it is only deducted when you sell your shares in the fund. Otherwise, please 12/16/2020. These loads are normally applied to the lesser of original share price or current market value. FCNTX$39,359 S&P 500 TR USD$33,987 Category Average$36,246 Category: Large Growth Morningstar Category: Large-growth funds invest in big companies that are projected to grow faster than other large-cap stocks. Fidelity will charge a short term trading fee each time you sell or exchange shares of FundsNetwork No Transaction Fee (NTF) funds held less than 60 days (short-term trade).]. Trades in no-load mutual funds available through Mutual Funds OneSource service (including SchwabFunds) as well as certain other funds, are available without transaction fees. But unlike Class B shares, they typically do not convert to Class A shares and instead continue to charge higher annual expenses–including 12b-1 fees–for as long as the shares are held. Below is a description of fees you may pay when buying and selling different types of funds through Fidelity. Short-term trading fee: Fidelity charges a short-term trading fee each time you sell or exchange shares of a FundsNetwork NTF fund held less than 60 days. Single purchase: You may be entitled to a breakpoint discount based on a single mutual fund transaction if the dollar value of the transaction exceeds one or more breakpoints. Charles Schwab Investment Management, Inc. and Charles Schwab & Co., Inc. are separate but affiliated companies and subsidiaries of The Charles Schwab Corporation. These are called TF funds. Research information including fund fees, cost projections and minimum investments for Fidelity® 500 Index Fund. Past performance does not guarantee future performance. For some funds available through Fidelity, you are required to pay a transaction fee. .85% .85% $108,101.786 05/17/1967 08/31/2020 FCNTX Carefully consider the investment option’s objectives, risks, fees and expenses. d - Deferred sales charge, or redemption fee. No Transaction Fee Fidelity funds are available without paying a trading fee to Fidelity or a sales load to the fund. FCNTX$48,987 S&P 500 TR USD$41,038 Category Average$44,797 Category: Large Growth Morningstar Category: Large-growth funds invest in big companies that are projected to grow faster than other large-cap stocks. * Certain funds will have a transaction fee of $75. Funds participating in the NTF program pay Fidelity Brokerage Services LLC (FBS) and National Financial Services (NFS) certain fees in connection with offering their products in the NTF program. Research information including fund fees, cost projections and minimum investments for Fidelity® Growth Discovery Fund. Leveraged mutual funds seek to provide a multiple of the investment returns of a given index or benchmark on a daily or monthly basis. The amount of the discount is based on the size of your purchase and the overall size of your investment in the fund or fund family, with the discount increasing as the size of your investment increases. Highly rated funds are defined as those funds that have a 4- or 5-star Morningstar rating.For each fund with at least a three-year history, Morningstar calculates a Morningstar Rating™ based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund's monthly performance (including the effects of sales charges, loads and redemption fees), placing more emphasis on downward variations … Fidelity ® Contrafund ® (FCNTX) Large Growth. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. Fund • Index • Category ... Schwab's short-term redemption fee of $49.95 will be charged on redemption of funds purchased through Schwab's Mutual Fund OneSource® service (and certain other funds with no transaction fee) and held for 90 days or less. It invests in securities of companies whose value the advisor believes is not fully recognized by the public. Ticker FCNTX Gross Expense Ratio 0.82% Morningstar Category Large Growth Morningstar Overall ... impose redemption fees. The NAV is calculated by subtracting liabilities from the value of a fund's total assets and dividing it by the number of fund's shares outstanding. Interval funds are closed-end funds that offer daily purchases and redeem shares by periodically offering to repurchase a certain portion of shares from shareholders ("tenders" or "redemptions"). Consequently, these funds may experience losses even in situations where the underlying index or benchmark has performed as hoped. YTD Return is adjusted for possible sales charges, and assumes reinvestment of dividends and capital gains. BUSINESS / SPORTS : 19 : B9 BUSINESS / SPORTS. Some Class B shares may have a maximum investment amount. Please refer to that fund's current prospectus for details. Shares are subject to the fund's management and operating expenses. Not all funds have short-term redemption fees, so please review the fund's prospectus to learn more about a potential short-term redemption fee charged by a particular fund. Otherwise, please contact your Prudential Representative. Fidelity Automated Service Telephone (FAST, Load Funds (not participating in the NTF program), 401(k) plans, IRAs, college savings plans (529 plans), or accounts at other securities firms or directly with the fund family, Accounts of related parties as defined by the fund, usually including close family members, such as your spouse or child. Total 12b-1 fees, excluding loads, are capped at 1.00% of average net assets annually. It has earned a five-star rating from Morningstar and ranks in the top 16% of all funds in its category. A mutual fund that does not charge front-end or deferred sales loads is called a "no-load fund." The subject line of the email you send will be "Fidelity.com: ". Please refer to the prospectus, if available for the investment, for information on these potential restrictions and any applicable redemption fees. It is important to remember that these funds are designed for short-term use only, and are not intended to be buy-and-hold positions, because their returns over longer periods generally do not match the mutual fund’s negative multiple of the underlying index over longer periods. Fidelity® Contrafund® Fund FCNTX ... but does not reflect the effect of any applicable sales or redemption charges which would lower these figures. Fidelity.com Home. Close tooltip. Aggressive investment techniques such as futures, forward contracts, swap agreements, derivatives, options, can increase fund volatility and decrease performance. We further consider the importance of capable management. Fund Times Fund Times: Openings, Closings, & Manager Changes Industry giants, Columbia, CRM, Japan, Morgan Stanley, JP Morgan, and others. It is a violation of law in some jurisdictions to falsely identify yourself in an email. In addition, Fidelity reserves the right to exempt other funds from this fee, such as funds designed to achieve their stated objective on a short-term basis. For higher investment amounts, some funds offer sales load breakpoints. The fund reserves the right to change or modify these restrictions, or to apply its own frequent trading policy, at any time. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product's monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. Funds are also subject to management fees and expenses. The NAV is calculated by subtracting liabilities from the value of a fund's total assets and dividing it by the number of fund's shares outstanding. Gross Expense Ratio ^ 0.70% Net Expense Ratio ^ 0.70% Waiver Type. FASIX 5,571 +5.7/C FRPAX 728 +3.1/D Dividend Footnotes: Fund Footnotes: b - Fee covering market costs is paid from fund assets. View mutual fund news, mutual fund market and mutual fund interest rates. Redemption fees or market value adjustments associated with exchanges from particular investment options are described on applicable fund sheets, which are available online. Chart Fund Price (NAV) Price History By There are three types of mutual funds available through Fidelity FundsNetwork: The different fees that apply to each type of fund are detailed below. ESG investing, which considers environmental, social, and governance factors when determining the future risk and return of investments. f - front load (sales charges). Rules and regulations related to interval funds enable fund companies to create portfolios with less capital volatility while holding a greater percentage of less-liquid, longer-term investments, often with higher risk-return opportunities than may be readily achieved in open-end mutual funds or exchange-traded funds (ETFs). Schwab reserves the right to change the funds we make available without transaction fees and to reinstate fees on any funds. The fund will specify a date by which shareholders must accept the repurchase offer. Minimum: $100. Large-growth funds invest in big companies that are projected to grow faster than other large-cap stocks. It has earned a five-star rating from Morningstar and ranks in the top 16% of all funds in its category. For specific details on a given fund's loads, management, and administrative fees (see "charged by the fund" below), please refer to that fund's most current prospectus. d - Deferred sales charge, or redemption fee. 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