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Fidelity Global Concentrated Equity Fund 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 GradeD Click for more information on Fundata’s ESG Grade

Fundata ESG Grade D

Click for more information on Fundata’s ESG Grade.

NAVPS
(08-01-2025) 		$17.99
Change
-$0.28 (-1.52%)

As at June 30, 2025

As at March 31, 2025

As at June 30, 2025

Period
Created with Highcharts 10.3.3Jul 2023Jan 2025Jul 2022Oct 2022Jan 2023Apr 2023Oct 2023Jan 2024Apr 2024Jul 2024Oct 2024Apr 2025Jan 2004Jan 2007Jan 2010Jan 2013Jan 2016Jan 2019Jan 2022Jan 2025Ja…$10,000$8,000$12,000$14,000$16,000$18,000Period

Legend

Fidelity Global Concentrated Equity Fund Series B

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Fund Returns

Inception Return (January 30, 2002): 4.85%

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% 6.58% 14.45% 14.45% 19.94% 13.87% 18.95% 7.63% 13.35% 10.68% 9.22% 8.78% 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 813 / 2,120 659 / 2,100 29 / 2,086 29 / 2,086 126 / 2,043 1,216 / 1,919 332 / 1,812 796 / 1,639 299 / 1,495 435 / 1,428 554 / 1,265 593 / 1,102 333 / 980 242 / 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% 3.64% -2.00% -0.47% -0.78% 6.78% 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

16.83% (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 323/ 761 231/ 885 281/ 1,037 1,045/ 1,184 226/ 1,379 755/ 1,461 1,357/ 1,576 610/ 1,728 349/ 1,867 1,870/ 1,981

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 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 Fund Series B

Median

Other - Global Equity

3 Yr Annualized

Standard Deviation 15.16% 15.78% 15.28%
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 90.34% 87.28% 83.36%
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 11.63% 15.16% 15.78% 15.28%
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 87.95% 90.34% 87.28% 83.36%

Fundata ESG Metrics

Fundata ESG Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A29.2​29.250.3​50.30%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: A41.7​41.750.7​50.70%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: A25.9​25.949.4​49.40%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: A33.8​33.851.8​51.80%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.

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) $319

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 2.27%
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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