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Sector Equity

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
(04-12-2024)
$95.11
Change
-$1.40 (-1.45%)

As at March 31, 2024

As at December 31, 2023

As at February 29, 2024

Period
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Legend

Fidelity Technology Innovators Fund Series B

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Fund Returns

Inception Return (June 05, 1997): 9.21%

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 2.08% 0.66% -1.59% 8.58% 27.69% 16.16% 11.29% 23.25% 20.08% 19.06% 19.34% 20.89% 19.59% 20.70%
Benchmark 4.14% 6.62% 15.26% 6.62% 13.96% 3.95% 9.11% 16.99% 9.96% 9.65% 8.48% 9.70% 7.76% 7.67%
Category Average 1.75% 21.53% 21.53% 10.46% 26.42% 7.93% 5.18% 15.21% 11.07% 11.30% 11.63% 12.17% 10.44% 11.78%
Category Rank 80 / 197 115 / 196 73 / 192 115 / 196 74 / 176 31 / 158 35 / 143 25 / 137 11 / 126 11 / 118 13 / 93 12 / 93 7 / 86 7 / 75
Quartile Ranking 2 3 2 3 2 1 1 1 1 1 1 1 1 1

Monthly Return

Monthly Return
Return % Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Fund -2.38% 3.76% 2.18% 3.74% -0.52% -3.54% -1.59% 11.45% 4.08% 0.66% 5.68% 2.08%
Benchmark 2.90% -4.95% 3.36% 2.58% -1.37% -3.33% -3.21% 7.48% 3.91% 0.55% 1.82% 4.14%

Best Monthly Return Since Inception

22.71% (February 2000)

Worst Monthly Return Since Inception

-24.77% (February 2001)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 26.34% 30.21% 14.03% 27.14% 4.00% 36.73% 40.76% 20.08% -17.53% 38.91%
Benchmark 10.55% -8.32% 21.08% 9.10% -8.89% 22.88% 5.60% 25.09% -5.84% 11.75%
Category Average 17.30% 16.21% -0.43% 20.39% 1.55% 22.37% 29.99% 15.34% -25.24% 26.53%
Quartile Ranking 2 1 1 2 2 1 2 2 2 2
Category Rank 27/ 75 13/ 86 16/ 93 31/ 93 46/ 113 9/ 124 35/ 134 46/ 139 69/ 156 61/ 167

Best Calendar Return (Last 10 years)

40.76% (2020)

Worst Calendar Return (Last 10 years)

-17.53% (2022)

Asset Allocation

Asset Allocation
Name Percent
US Equity 52.22
International Equity 41.98
Cash and Equivalents 5.71
Foreign Corporate Bonds 0.12
Other -0.03

Sector Allocation

Sector Allocation
Name Percent
Technology 57.59
Consumer Services 9.23
Telecommunications 7.60
Financial Services 7.33
Cash and Cash Equivalent 5.71
Other 12.54

Geographic Allocation

Geographic Allocation
Name Percent
North America 58.12
Asia 21.02
Europe 20.89
Other -0.03

Top Holdings

Top Holdings
Name Percent
Fidelity U.S. Money Market Investment Trust O -
Microsoft Corp -
Apple Inc -
Taiwan Semiconductor Manufactrg Co Ltd -
Telefonaktiebolaget LM Ericsson Cl B -
Qualcomm Inc -
Amazon.com Inc -
Alphabet Inc Cl A -
Autodesk Inc -
Fidelity National Info Srvcs Inc -

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)

Fidelity Technology Innovators Fund Series B

Median

Other - Sector Equity

3 Yr Annualized

Standard Deviation 17.03% 17.55% 15.92%
Beta 0.97% 0.88% 0.83%
Alpha 0.03% 0.10% 0.13%
Rsquared 0.58% 0.61% 0.44%
Sharpe 0.56% 1.03% 1.18%
Sortino 0.91% 1.71% 1.92%
Treynor 0.10% 0.20% 0.23%
Tax Efficiency 100.00% 100.00% 100.00%
Volatility Volatility rating is 9 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 9 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 14.17% 17.03% 17.55% 15.92%
Beta 0.67% 0.97% 0.88% 0.83%
Alpha 0.16% 0.03% 0.10% 0.13%
Rsquared 0.37% 0.58% 0.61% 0.44%
Sharpe 1.47% 0.56% 1.03% 1.18%
Sortino 4.49% 0.91% 1.71% 1.92%
Treynor 0.31% 0.10% 0.20% 0.23%
Tax Efficiency 100.00% 100.00% 100.00% 100.00%

Fundata ESG Metrics

Fundata ESG Score

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

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

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

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 June 05, 1997
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $388

Fund Codes

FundServ Code Load Code Sales Status
FID297

Investment Objectives

The Fund aims to achieve long-term capital growth. It invests primarily in equity securities of companies anywhere in the world that are positioned to benefit from advances in technology.

Investment Strategy

To meet the Fund’s objectives, the portfolio management team: Invests in companies in technology industries, including computer services, computer software, computer systems, communications systems, electronics, internet related companies, office equipment, scientific instruments, and semiconductors. When buying and selling equity securities, may consider other factors about a company, including: > Financial condition. > Industry position. > Economic and market conditions. > Growth potential.

Portfolio Manager(s)

Name Start Date
Fidelity Investments Canada ULC 11-12-2021
FIL Limited 02-06-2023

Management and Organization

Fund Manager Fidelity Investments Canada ULC
Advisor Fidelity Investments Canada ULC
Custodian State Street Trust Company Canada
Registrar Fidelity Investments Canada ULC
Distributor Fidelity Investments Canada ULC
Auditor PriceWaterhouseCoopers LLP

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 2.24%
Management Fee 1.85%
Load Front Fee Only
FE Max 1.00%
DSC Max -
LL Max -
Trailer Fee Max (FE) 1.00%
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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