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Fidelity Global Concentrated Equity Class Series B

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Global Equity

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

Fundata ESG GradeC Click for more information on Fundata’s ESG Grade

Fundata ESG Grade C

Click for more information on Fundata’s ESG Grade.

NAVPS
(08-22-2025) 		$29.13
Change
$0.45 (1.56%)

As at July 31, 2025

As at June 30, 2025

As at July 31, 2025

Period
Created with Highcharts 10.3.3Jan 2023Jul 2025Oct 2022Apr 2023Jul 2023Oct 2023Jan 2024Apr 2024Jul 2024Oct 2024Jan 2025Apr 2025Jan 2015Jul 2016Jan 2018Jul 2019Jan 2021Jul 2022Jan 2024$10,000$8,000$12,000$14,000$16,000$18,000Period

Legend

Fidelity Global Concentrated Equity Class Series B

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Fund Returns

Inception Return (December 30, 2013): 10.24%

Fund Returns
Row Heading Return Annualized Return
1 Mth 3 Mth 6 Mth YTD 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr
Fund 2.42% 12.77% 9.78% 17.23% 17.63% 13.36% 18.07% 8.53% 13.29% 11.12% 9.37% 9.27% 10.10% 8.90%
Benchmark 2.87% 12.34% 3.36% 7.43% 16.06% 19.13% 18.12% 10.84% 13.49% 12.68% 11.33% 11.90% 11.97% 10.74%
Category Average 1.70% 10.25% 1.86% 6.46% 12.03% 14.77% 13.76% 7.33% 10.54% 9.74% 8.70% 9.04% 9.17% 8.03%
Category Rank 658 / 2,134 549 / 2,105 50 / 2,081 38 / 2,079 282 / 2,043 1,292 / 1,932 257 / 1,828 628 / 1,662 270 / 1,498 418 / 1,434 527 / 1,269 565 / 1,111 373 / 1,001 289 / 817
Quartile Ranking 2 2 1 1 1 3 1 2 1 2 2 3 2 2

Monthly Return

Created with Highcharts 10.3.3-6%-4%-2%0%2%4%6%8%
Monthly Return
Return % Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul
Fund 0.03% 3.65% -2.00% -0.46% -0.78% 6.79% 2.08% -1.49% -3.20% 6.44% 3.45% 2.42%
Benchmark 0.04% 2.54% 0.69% 4.44% 0.14% 3.94% -1.04% -4.18% -2.97% 5.37% 3.64% 2.87%

Best Monthly Return Since Inception

16.84% (November 2020)

Worst Monthly Return Since Inception

-16.38% (March 2020)

Calendar Return (%)

Created with Highcharts 10.3.3-20%-10%0%10%20%30%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund 16.86% 7.04% 17.40% -10.52% 24.95% 11.31% 11.74% -10.87% 20.64% 8.44%
Benchmark 16.88% 5.18% 16.29% -1.79% 21.41% 13.15% 17.62% -12.64% 19.37% 26.84%
Category Average 8.98% 3.86% 14.23% -5.38% 19.94% 11.73% 16.21% -13.86% 15.08% 20.13%
Quartile Ranking 2 2 2 4 1 3 4 2 1 4
Category Rank 324/ 757 238/ 881 283/ 1,032 1,039/ 1,179 222/ 1,374 749/ 1,456 1,353/ 1,571 610/ 1,722 347/ 1,861 1,866/ 1,975

Best Calendar Return (Last 10 years)

24.95% (2019)

Worst Calendar Return (Last 10 years)

-10.87% (2022)

Asset Allocation

Asset Allocation
Name Percent
International Equity 67.97
US Equity 22.26
Canadian Equity 7.08
Cash and Equivalents 2.68
Foreign Corporate Bonds 0.02

Sector Allocation

Sector Allocation
Name Percent
Technology 21.85
Consumer Goods 16.45
Industrial Goods 12.47
Financial Services 11.56
Consumer Services 11.13
Other 26.54

Geographic Allocation

Geographic Allocation
Name Percent
Europe 43.27
North America 32.37
Asia 23.39
Other 0.97

Top Holdings

Top Holdings
Name Percent
Finning International Inc -
Prosus NV -
Alibaba Group Holding Ltd -
Airbus SE -
Microsoft Corp -
Elis SA -
BNP Paribas SA -
Fidelity U.S. Money Market Investment Trust O -
Reckitt Benckiser Group PLC -
Clarivate PLC -

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return24681012141618202224-10%0%10%20%30%40%

Fidelity Global Concentrated Equity Class Series B

Median

Other - Global Equity

3 Yr Annualized

Standard Deviation 15.06% 15.79% 15.14%
Beta 1.06% 1.09% 1.12%
Alpha -0.01% -0.01% -0.03%
Rsquared 0.62% 0.68% 0.77%
Sharpe 0.92% 0.71% 0.52%
Sortino 2.00% 1.29% 0.69%
Treynor 0.13% 0.10% 0.07%
Tax Efficiency 96.12% 96.33% 95.91%
Volatility Volatility rating is 8 on a scale of 1 to 10 Volatility rating is 9 on a scale of 1 to 10 Volatility rating is 9 on a scale of 1 to 10

Risk Rating

Rating 8 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 11.26% 15.06% 15.79% 15.14%
Beta 0.78% 1.06% 1.09% 1.12%
Alpha 0.05% -0.01% -0.01% -0.03%
Rsquared 0.53% 0.62% 0.68% 0.77%
Sharpe 1.22% 0.92% 0.71% 0.52%
Sortino 2.99% 2.00% 1.29% 0.69%
Treynor 0.18% 0.13% 0.10% 0.07%
Tax Efficiency 99.55% 96.12% 96.33% 95.91%

Fundata ESG Metrics

Fundata ESG Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A36.6​36.650.9​50.90%10%20%30%40%50%60%70%80%90%100%

The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.

Fundata E Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A47.1​47.151.4​51.40%10%20%30%40%50%60%70%80%90%100%

Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.

Fundata S Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A33.0​33.050.1​50.10%10%20%30%40%50%60%70%80%90%100%

Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.

Fundata G Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A46.9​46.953.1​53.10%10%20%30%40%50%60%70%80%90%100%

Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.

Powered by OWL Analytics. For more information, please contact Fundata Canada.

View the full methodology

Fund Details

Start Date December 30, 2013
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Corporation
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $260

Fund Codes

FundServ Code Load Code Sales Status
FID2253

Investment Objectives

The Fund aims to achieve long-term capital growth. It seeks a similar return to its underlying fund, which is also managed by Fidelity, by investing substantially all of its assets in units of that fund. The underlying fund aims to achieve long-term capital growth by investing primarily in equity securities of companies anywhere in the world.

Investment Strategy

The strategies described below relate to the Fund and the underlying fund, Fidelity Global Concentrated Equity Fund. To meet the Fund's objectives, the portfolio management team of the underlying fund: Aims to favour attractively priced companies that show the potential for above-average long-term compounding of total shareholder returns and better than average quality characteristics.

Portfolio Management

Portfolio Manager

Fidelity Investments Canada ULC
Sub-Advisor

-

Management and Organization

Fund Manager

Fidelity Investments Canada ULC
Custodian

State Street Trust Company Canada
Registrar

Fidelity Investments Canada ULC
Distributor

-

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 25
PAC Subsequent 25
SWP Allowed Yes
SWP Min Balance 5,000
SWP Min Withdrawal 50

Fees

MER 2.29%
Management Fee 1.85%
Load Back Fee Only
FE Max 5.00%
DSC Max -
Trailer Fee Max (FE) 1.00%
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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