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Fidelity Global Concentrated Equity Fund Series B

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Global Equity

FundGrade B Click for more information on Fundata’s FundGrade

FundGrade B

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
(09-19-2025) 		$19.36
Change
-$0.12 (-0.61%)

As at August 31, 2025

As at June 30, 2025

As at August 31, 2025

Period
Created with Highcharts 10.3.3Jan 2024Jul 2025Oct 2022Jan 2023Apr 2023Jul 2023Oct 2023Apr 2024Jul 2024Oct 2024Jan 2025Apr 2025Jul 2004Jul 2007Jul 2010Jul 2013Jul 2016Jul 2019Jul 2022$10,000$20,000$7,500$12,500$15,000$17,500Period

Legend

Fidelity Global Concentrated Equity Fund Series B

Compare Options

Fund Returns

Inception Return (January 30, 2002): 5.08%

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 3.63% 9.79% 11.43% 21.47% 21.85% 16.39% 20.95% 8.74% 13.60% 12.00% 10.07% 9.98% 10.45% 9.80%
Benchmark 1.95% 8.70% 6.48% 9.53% 18.27% 20.41% 19.42% 10.35% 13.21% 13.28% 11.46% 12.05% 12.09% 11.60%
Category Average 1.43% 6.41% 4.66% 7.98% 13.02% 16.03% 15.31% 6.95% 10.22% 10.21% 8.75% 9.22% 9.25% 8.77%
Category Rank 82 / 2,136 263 / 2,110 115 / 2,084 28 / 2,076 198 / 2,042 946 / 1,930 151 / 1,829 555 / 1,664 196 / 1,499 375 / 1,432 392 / 1,295 451 / 1,114 329 / 1,010 290 / 838
Quartile Ranking 1 1 1 1 1 2 1 2 1 2 2 2 2 2

Monthly Return

Created with Highcharts 10.3.3-6%-4%-2%0%2%4%6%8%
Monthly Return
Return % Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug
Fund 3.64% -2.00% -0.47% -0.78% 6.78% 2.08% -1.49% -3.20% 6.44% 3.45% 2.42% 3.63%
Benchmark 2.54% 0.69% 4.44% 0.14% 3.94% -1.04% -4.18% -2.97% 5.37% 3.64% 2.87% 1.95%

Best Monthly Return Since Inception

16.83% (November 2020)

Worst Monthly Return Since Inception

-16.37% (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 16.91% 7.09% 17.43% -10.52% 24.92% 11.31% 11.72% -10.86% 20.63% 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 318/ 755 231/ 878 279/ 1,029 1,039/ 1,176 226/ 1,371 748/ 1,453 1,348/ 1,568 607/ 1,719 348/ 1,858 1,859/ 1,972

Best Calendar Return (Last 10 years)

24.92% (2019)

Worst Calendar Return (Last 10 years)

-10.86% (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 Fund Series B

Median

Other - Global Equity

3 Yr Annualized

Standard Deviation 14.79% 15.81% 15.06%
Beta 1.05% 1.10% 1.13%
Alpha 0.01% 0.00% -0.03%
Rsquared 0.61% 0.68% 0.77%
Sharpe 1.10% 0.72% 0.58%
Sortino 2.45% 1.32% 0.79%
Treynor 0.16% 0.10% 0.08%
Tax Efficiency 91.39% 87.87% 84.21%
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 11.35% 14.79% 15.81% 15.06%
Beta 0.79% 1.05% 1.10% 1.13%
Alpha 0.07% 0.01% 0.00% -0.03%
Rsquared 0.51% 0.61% 0.68% 0.77%
Sharpe 1.54% 1.10% 0.72% 0.58%
Sortino 3.77% 2.45% 1.32% 0.79%
Treynor 0.22% 0.16% 0.10% 0.08%
Tax Efficiency 89.29% 91.39% 87.87% 84.21%

Fundata ESG Metrics

Fundata ESG Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A37.4​37.451.0​51.00%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: A46.9​46.951.3​51.30%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: A33.5​33.550.3​50.30%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: A48.4​48.453.3​53.30%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 January 30, 2002
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) -

Fund Codes

FundServ Code Load Code Sales Status
FID207

Investment Objectives

The Fund aims to achieve long-term capital growth. It invests primarily in equity securities of companies anywhere in the world.

Investment Strategy

To meet the Fund’s objectives, the portfolio management team: 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. When buying and selling equity securities, may consider factors about a company, including: > Financial condition. > Industry position. > Economic and market conditions. > Earnings estimates. > Quality of management.

Portfolio Management

Portfolio Manager

Fidelity Investments Canada ULC

  • Patrice Quirion
Sub-Advisor

Fidelity Canada Investment Management

Management and Organization

Fund Manager

Fidelity Investments Canada ULC
Custodian

CIBC Mellon Trust Company

State Street Trust Company Canada
Registrar

Fidelity Investments Canada ULC
Distributor

Fidelity Investments Canada ULC

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 2.28%
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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