A final word about mutual fund fees and expenses. Fidelity.com provides both reported ("official") expense ratios and adjusted expense ratios for debt-leveraged funds. FIDELITY® CONTRAFUND® K6- Performance charts including intraday, historical charts and prices and keydata. Expense Ratio: The expense ratio is a measure of what it costs an investment company to operate a mutual fund . M.A., University of Pennsylvania (Wharton) 1986. 0.850 % Fee Level. ... Net Expense Ratio… Fidelity® Contrafund® K6 has an expense ratio of 0.45 percent. ... Fees & Expenses. ... Fidelity Contrafund’s proven manager and effective approach earn … 9. Net Expense Ratio Gross Expense Ratio Total Net Assets (MM) Inception Date Data Effective Date Ticker .85% .85% $108,101.786 05/17/1967 08/31/2020 FCNTX Carefully consider the investment option’s objectives, risks, fees and expenses. M.B.A., University of Pennsylvania 1986. Also known as the Prospectus Gross Expense Ratio, Morningstar pulls the prospectus gross expense ratio from the fund's most recent prospectus. Boston, MA 02109. This tiny expense ratio would be worth it if the Vanguard fund outperforms Fidelity's.So, before jumping into these new free index funds, wait until performance information is out. Fidelity Contrafund. No Transaction Fee Fidelity funds are available without paying a trading fee to Fidelity or a sales load to the fund. Fidelity® Contrafund® Fund A Mutual Fund Fourth Quarter 2019 Fund Fact Sheet Key Facts Investment Advisor Fidelity Management & Research Company Asset Class Large Cap - Growth Primary Index Russell 1000 Growth Index Net Assets $97,238.8 Million Inception Date 05/17/1967 Ticker FCNTX Gross Expense Ratio 0.82% Morningstar Category Large Growth Fidelity Advisor Series I: Fidelity Advisor Equity Growth Fund; Class M Shares Longest Manager Tenure. For 401(k) investors, some of the key fees … The announcement of zero expense ratio mutual funds was part of a broader reduction in fees by Fidelity. Please read the fund prospectus for Finders Fee No Sub-accounting fee % 0.15% Other Service fee % 0.10% 12b-1 Fee 0% Sub-accounting fee ($ per participant) --Other Service fee ($ per participant) --Fees if applicable to this fund, compensate Prudential Retirement for selling the fund's shares and servicing your retirement plan. Fees and Expensesas of02-29-20 Prospectus Gross Expense Ratio 0.85 % Total Annual Operating Exp per $1000 $ 8.50 Maximum Sales Charge . It’s Expense Ratio – the money Fidelity gets – is now .82%. This expense ratio means that for every $1,000 invested in the fund, Fidelity charges just 15 cents per year in fees. FCNTX expense ratio is below the average for mutual funds, but significantly above the expense ratio for passive index funds. 12b-1 Fee . Expense Ratio. As you might expect, fees and expenses vary from fund to fund. See what it costs to invest in FCNTX and uncover hidden expenses, to decide if FCNTX is the best investment for you. What is FCNTX expense ratio? . .82% * $85 billion = about $700 million per year! Many index funds already have some of the lowest fund expense ratios. Average. Finders Fee No Sub-accounting fee % 0.15% Other Service fee % 0.10% 12b-1 Fee 0% Sub-accounting fee ($ per participant) --Other Service fee ($ per participant) --Fees if applicable to this fund, compensate Prudential Retirement for selling the fund's shares and servicing your retirement plan. Past name(s) : Fidelity Contrafund. Other expenses, ranging from custodial expenses to legal, transfer and administrative expenses, all find their way into a fund's total expense ratio. The fund's expense ratio includes these fees. Fidelity® Contrafund® K6 has an expense ratio of 0.45 percent. Operations and Management Fund Inception Date 05-17-67 Portfolio Manager(s) William Danoff Name of Issuer Fidelity Investments Telephone 800-544-8544 FCNKX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%) Expense Ratio 0.77% 0.01% 23.28% 72.40% Management Fee 0.71% 0.00% 1.50% 72.24% 12b-1 Fee N/A 0.00% 1.00% N/A Administrative Fee N/A 0.01% 1.02% N/A FLCNX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%) Expense Ratio 0.45% 0.01% 23.28% 91.51% Management Fee 0.45% 0.00% 1.50% 17.67% 12b-1 Fee N/A 0.00% 1.00% N/A Administrative Fee N/A 0.01% 1.02% N/A Zero expense ratio mutual funds was part of a broader reduction in fees recent Prospectus view mutual fund investments. About mutual fund shares, most funds charge annual fees to cover operating.... 0.04 % fund expense ratios for debt-leveraged funds expect, fees and expenses vary from fund fund. 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