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Fidelity Global Concentrated Equity Class Series B

Global Equity

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

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

Fundata ESG Grade D

Click for more information on Fundata’s ESG Grade.

NAVPS
(07-29-2025)
$28.17
Change
$0.05 (0.18%)

As at June 30, 2025

As at March 31, 2025

As at June 30, 2025

Period
Created with Highcharts 10.3.3Jul 2024Jul 2022Oct 2022Jan 2023Apr 2023Jul 2023Oct 2023Jan 2024Apr 2024Oct 2024Jan 2025Apr 2025Nov 2014May 2016Nov 2017May 2019Nov 2020May 2022Nov 2023$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): 10.09%

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 3.45% 6.59% 14.46% 14.46% 19.95% 13.88% 18.96% 7.63% 13.36% 10.69% 9.23% 8.79% 10.70% 9.47%
Benchmark 3.64% 5.96% 4.44% 4.44% 15.97% 19.37% 19.46% 10.37% 13.60% 12.28% 11.14% 11.34% 12.26% 10.94%
Category Average 3.16% 5.85% 4.68% 4.68% 12.95% 15.05% 15.34% 7.27% 10.99% 9.53% 8.71% 8.72% 9.45% 8.25%
Category Rank 810 / 2,120 652 / 2,100 25 / 2,086 25 / 2,086 124 / 2,043 1,215 / 1,919 330 / 1,812 797 / 1,639 297 / 1,495 433 / 1,428 553 / 1,265 590 / 1,102 332 / 980 245 / 797
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 % Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Fund 4.44% 0.03% 3.65% -2.00% -0.46% -0.78% 6.79% 2.08% -1.49% -3.20% 6.44% 3.45%
Benchmark 2.79% 0.04% 2.54% 0.69% 4.44% 0.14% 3.94% -1.04% -4.18% -2.97% 5.37% 3.64%

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 329/ 761 238/ 885 285/ 1,037 1,044/ 1,184 222/ 1,379 754/ 1,461 1,355/ 1,576 611/ 1,728 348/ 1,867 1,869/ 1,981

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 71.58
US Equity 21.22
Canadian Equity 5.45
Cash and Equivalents 1.68
Foreign Corporate Bonds 0.01
Other 0.06

Sector Allocation

Sector Allocation
Name Percent
Technology 22.87
Consumer Goods 17.26
Industrial Goods 12.15
Financial Services 10.61
Healthcare 10.61
Other 26.50

Geographic Allocation

Geographic Allocation
Name Percent
Europe 47.14
North America 29.31
Asia 23.50
Other 0.05

Top Holdings

Top Holdings
Name Percent
Prosus NV -
Alibaba Group Holding Ltd -
Finning International Inc -
Airbus SE -
Microsoft Corp -
Reckitt Benckiser Group PLC -
Elis SA -
Banco Bilbao Vizcaya Argentaria SA -
Clarivate PLC -
BNP Paribas SA -

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 Return2468101214161820222426-10%0%10%20%30%40%

Fidelity Global Concentrated Equity Class Series B

Median

Other - Global Equity

3 Yr Annualized

Standard Deviation 15.17% 15.80% 15.29%
Beta 1.04% 1.09% 1.13%
Alpha -0.01% -0.01% -0.02%
Rsquared 0.62% 0.68% 0.77%
Sharpe 0.96% 0.71% 0.56%
Sortino 2.11% 1.29% 0.75%
Treynor 0.14% 0.10% 0.08%
Tax Efficiency 96.18% 96.26% 95.98%
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 11.64% 15.17% 15.80% 15.29%
Beta 0.81% 1.04% 1.09% 1.13%
Alpha 0.06% -0.01% -0.01% -0.02%
Rsquared 0.53% 0.62% 0.68% 0.77%
Sharpe 1.34% 0.96% 0.71% 0.56%
Sortino 3.43% 2.11% 1.29% 0.75%
Treynor 0.19% 0.14% 0.10% 0.08%
Tax Efficiency 99.58% 96.18% 96.26% 95.98%

Fundata ESG Metrics

Fundata ESG Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A29.229.250.350.30%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: A41.741.750.750.70%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: A25.925.949.449.40%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: A33.833.851.851.80%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.

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) $78

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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