Sales charges and series descriptions

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Sales charges

About sales charges

You may pay a commission to invest in the Fidelity Funds. The commission is also called a sales charge. The commission compensates your financial advisor for the advice and service he or she provides to you. You can choose to purchase your funds under a purchase option for which the sales charges may be payable at the time of purchase.  This is called an initial sales charge, and the amount you pay is negotiable with your advisor.  Alternatively, you can choose to wait until you redeem your funds and pay a percentage of their original cost to us at that time.  This is called a deferred sales charge.  You don’t pay a sales charge if you invest in our fee-based series.  A summary of the types of sales charges are as follows:


NL (Fee-based)

No Load sales charge option. Funds are sold without a fee being charged at the time of sale. 
Related series:  F, P, F5, P[1-5]T5, F8

 

ISC

Initial Sales Charge option. Payable at time of sale.
Related series: B, E, D, S5, E[1-5]T5, S8

 

DSC

Deferred Sales Charge option.  If funds are redeemed within six years of purchase, a fixed sales charge based on the original cost of the funds and how long they were held will apply.
Related series: A, C, T5, T8

 

LL

Low Load deferred sales charge option. DSC option. If funds are redeemed within two years of purchase, a fixed sales charge based on the original cost of the funds and how long they were held will apply.
Related series: A, C, T5, T8

 

LL2

Low Load 2 deferred sales charge option. DSC option.  If funds are redeemed within three years of purchase, a fixed sales charge based on the original cost of the funds and how long they were held will apply.
Related series: A, C, T5, T8

 

Series descriptions

Series A

Available to investors who purchase under deferred sales charge (DSC) and low-load (LL or LL2) options.

 

Series B

Available to investors who purchase under the initial sales charge (ISC) option.

Fidelity Preferred Pricing Tiers: E1-E5

 

Series E

Fidelity Preferred Program pricing series. Series E is available only to investors who hold Series B and/or S5 and then become eligible to hold Series E. 

 

Series C

Only available for Fidelity Canadian Money Market Fund. Available to Fidelity ClearPlan® Custom Fund Portfolio program participants under a deferred sales charge (DSC) option.

 

Series D

Only available for Fidelity Canadian Money Market Fund. Available to Fidelity ClearPlan® Custom Fund Portfolio program participants under the initial sales charge (ISC) option.

 

Series F

Fee-based series.  Available to certain investors who use a fee-based account at their dealer, where they pay fees directly to their dealer for the investment advice and/or administration and management services their dealer provides.

Fidelity Preferred Pricing Tiers: P1-P5

 

Series P

Fidelity Preferred Program pricing series. Available only to investors who hold Series F and/or F5 and then become eligible to hold Series P.

 

T-SWP Series

Fidelity T-SWP (Tax-Smart Withdrawal Program) and T-SWP Class are designed to provide monthly tax-efficient cash flow to investors by making monthly distributions.

 

Series T5

Available under a deferred sales charge (DSC) and low load (LL or LL2) options.

Series S5

Available under the initial sales charge (ISC) option.

T-SWP Fidelity Preferred Pricing Tiers: E1T5-E5T5

 

Series E[1-5]T5

Fidelity Preferred Program pricing series. See Series E above.

 

Series T8

Available under a deferred sales charge (DSC) and low load (LL or LL2) options.

 

Series S8

Available under the initial sales charge (ISC) option.

 

Series F5

Fee-based series. See Series F above.

T-SWP Fidelity Preferred Pricing Tiers: P1T5-P5T5

 

Series P[1-5]T5

Fidelity Preferred Program pricing series. See Series P above.

Series F8

Fee-based series.  See Series F above.

 

Fidelity Preferred Pricing asset tiers:
  • E1/E1T5/P1/P1T5: $250,000 - $999,999
  • E2/E2T5/P2/P2T5: $1,000,000 - $2,499,999
  • E3/E3T5/P3/P3T5: $2,500,000 - $4,999,999
  • E4/E4T5/P4/P4T5: $5,000,000 - $9,999,999
  • E5/E5T5/P5/P5T5: $10,000,000 +

 

Please see the Fidelity Funds simplified prospectuses for more details on Series F and the Fidelity Preferred Program, including their eligibility requirements.

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This site is for persons in Canada only. Mutual funds sponsored by Fidelity Investments Canada ULC are only qualified for sale in the provinces and territories of Canada.

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