For 401(k) investors, some of the key fees … FIDELITY® CONTRAFUND® K6- Performance charts including intraday, historical charts and prices and keydata. No Transaction Fee Fidelity funds are available without paying a trading fee to Fidelity or a sales load to the fund. FCNTX expense ratio is below the average for mutual funds, but significantly above the expense ratio for passive index funds. Many index funds already have some of the lowest fund expense ratios. The expense ratio of a fund is the total percentage of fund assets used for administrative, management, and all other expenses. Expense Ratio: The expense ratio is a measure of what it costs an investment company to operate a mutual fund . Fidelity® Contrafund® FCNTX ... the gross expense ratio does not reflect any fee waivers in effect during the time period. Net Expense Ratio Gross Expense Ratio Total Net Assets (MM) Inception Date Data Effective Date Ticker .85% .85% $108,101.786 05/17/1967 08/31/2020 FCNTX Carefully consider the investment option’s objectives, risks, fees and expenses. Finders Fee No Sub-accounting fee % 0.15% Other Service fee % 0.10% 12b-1 Fee 0% Sub-accounting fee ($ 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. Expense FCNKX Category Average. As an aside, Contrafund is an immensely profitable fund for Fidelity. Fees are Below Average compared to funds in the same category. Boston, MA 02109. .82% * $85 billion = about $700 million per year! FCNTX | A complete Fidelity Contrafund mutual fund overview by MarketWatch. For example, a 0.04% fund expense ratio means you pay $4 in annual fees for every $1,000 you invest. This overall figure is often referred to as the Total Expense Ratio, or TER. Lower Fees Nearly Across The Board For Fidelity Index Funds For three-fund portfolio investors at Fidelity , the Fidelity Total Stock Market Index Fund now has a 0.015% expense ratio (previously 0.035%). View mutual fund news, mutual fund market and mutual fund interest rates. Find real-time FCNTX - Fidelity® Contrafund® Fund stock quotes, company profile, news and forecasts from CNN Business. 800-835-5092. Portfolio Manager(s) William Danoff. Research information including fund fees, cost projections and minimum investments for Fidelity® 500 Index Fund. Fidelity Contrafund. Fidelity.com provides both reported ("official") expense ratios and adjusted expense ratios for debt-leveraged funds. Fees and Expenses as of 02-29-20 Prospectus Net Expense Ratio 0.85% Prospectus Gross Expense Ratio 0.85% Maximum Sales Charge . FIDELITY® CONTRAFUND® FUND- Performance charts including intraday, historical charts and prices and keydata. The Fidelity Contrafund is a growth and value stock fund that focuses on generating capital gains rather than income. See fees data for Fidelity® 500 Index Fund (FXAIX). As you might expect, fees and expenses vary from fund to fund. Fidelity ® Contrafund ® K6 (since 5/25/2017) Fidelity ® Contrafund ® - Class K (since 9/17/1990) Fidelity Advisor ® New Insights Fund - Class C (since 7/31/2003) Fidelity ® Series Opportunistic Insights Fund - Class F (since 12/6/2012) Fidelity ® Contrafund ® Commingled Pool Class 2 (since 1/17/2014) 12b-1 Fee . What is FCNTX expense ratio? . This line of the fee table is the total of a fund's annual fund operating expenses, expressed as a percentage of the fund's average net assets. Shares are subject to the fund's management and operating expenses. This expense ratio means that for every $1,000 invested in the fund, Fidelity charges just 15 cents per year in fees. . It’s Expense Ratio – the money Fidelity gets – is now .82%. Expense Ratio. Fidelity® Contrafund® K6 has an expense ratio of 0.45 percent. Please read the fund prospectus for FLCNX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%) Expense Ratio 0.45% 0.01% 23.28% 92.29% Management Fee 0.45% 0.00% 1.50% 18.16% 12b-1 Fee N/A 0.00% 1.00% N/A Administrative Fee N/A 0.01% 1.02% N/A If executives truly wanted to educate their shareholders and the readers of their annual reports, they would include tables showing the benefits of leverage and the total costs of that leverage. Even if you pay $0 to buy shares, most funds charge annual fees to cover operating costs. Redemption Fee/Term . Finders Fee No Sub-accounting fee % 0.15% Other Service fee % 0.10% 12b-1 Fee 0% Sub-accounting fee ($ 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. == Recent Performance vs. the peer Benchmark == I use the same Morningstar (M*) data that I used two weeks ago to see how Contrafund has performed. FIDELITY® CONTRAFUND® FUND- Performance charts including intraday, historical charts and prices and keydata. Also known as the Prospectus Gross Expense Ratio, Morningstar pulls the prospectus gross expense ratio from the fund's most recent prospectus. Total Expense: 0.7683 % Advisor Fee Expense: 0.7161 % Transfer Agency Fee Expense: 0.0460 % Accounting Fee Expense: 0.0031 % Expense Waiver 12b-1 Fee . See what it costs to invest in FCNTX and uncover hidden expenses, to decide if FCNTX is the best investment for you. Other expenses, ranging from custodial expenses to legal, transfer and administrative expenses, all find their way into a fund's total expense ratio. However, the fund may charge a short-term trading or redemption fee to protect the interests of long-term shareholders of the fund. 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 82 Devonshire Street. With nearly $225 billion in assets … ... Fees & Expenses. Average. Capture Ratio … 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® Contrafund® Fund FCNTX Growth of a Hypothetical $10,000 Investment as of 10/31/2020 Fund Manager (since 09/17/1990): William Danoff 10,000 20,000 30,000 40,000 ... Redemption Fee 0% A net expense ratio lower than the gross expense ratio may reflect a cap on or contractual waiver of fund expense. Expense Ratio. The announcement of zero expense ratio mutual funds was part of a broader reduction in fees by Fidelity. Wow! Fidelity® Contrafund® K6 has an expense ratio of 0.45 percent. . Total Expense Ratio . 0.850 % Fee Level. 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. Longest Manager Tenure. The fund's expense ratio includes these fees. M.A., University of Pennsylvania (Wharton) 1986. FCNTX expense ratio is 0.68%. 9. Fees and Expensesas of02-29-20 Prospectus Gross Expense Ratio 0.85 % Total Annual Operating Exp per $1000 $ 8.50 Maximum Sales Charge . Date %. The expense ratio for a 401(k) plan is equal to the amount you pay in fees divided by the total investment. The fund's expense ratio includes these fees. A final word about mutual fund fees and expenses. 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 ... Net Expense Ratio… ... 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