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Fidelity Canadian Growth Company Class Series B

Canadian Focused Equity

FundGrade A Click for more information on Fundata’s FundGrade

FundGrade A

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

Fundata ESG Grade D

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FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2021, 2020, 2019, 2018, 2017

Click for more information on Fundata’s FundGrade

NAVPS
(04-18-2024)
$84.68
Change
-$0.22 (-0.25%)

As at March 31, 2024

As at December 31, 2023

As at February 29, 2024

Period
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Legend

Fidelity Canadian Growth Company Class Series B

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Fund Returns

Inception Return (September 25, 2001): 10.89%

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 5.42% 18.48% 32.05% 18.48% 37.37% 12.48% 8.77% 22.01% 15.21% 13.39% 13.62% 14.00% 12.31% 13.40%
Benchmark 3.64% 7.74% 16.61% 7.74% 16.32% 5.70% 8.49% 15.92% 9.66% 9.13% 8.45% 9.56% 7.77% 8.09%
Category Average 2.65% 15.91% 15.91% 7.95% 16.07% 6.31% 8.21% 15.67% 9.39% 8.40% 7.55% 8.35% 6.66% 6.83%
Category Rank 14 / 620 16 / 620 9 / 620 16 / 620 9 / 617 41 / 605 310 / 592 60 / 578 52 / 571 41 / 528 43 / 484 41 / 451 41 / 418 29 / 400
Quartile Ranking 1 1 1 1 1 1 3 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 -0.44% 1.44% 4.39% 4.16% -0.01% -5.26% -1.66% 9.33% 3.66% 3.88% 8.19% 5.42%
Benchmark 2.42% -3.65% 3.16% 2.78% -1.03% -3.68% -2.36% 7.23% 3.38% 0.82% 3.10% 3.64%

Best Monthly Return Since Inception

16.52% (April 2020)

Worst Monthly Return Since Inception

-15.70% (September 2008)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 15.30% 11.01% 13.83% 15.61% -9.05% 27.91% 45.40% 4.51% -16.97% 26.37%
Benchmark 10.96% -0.77% 14.44% 10.80% -7.14% 21.45% 7.58% 21.76% -8.87% 13.60%
Category Average 9.08% -2.47% 11.42% 8.06% -8.78% 18.54% 7.73% 22.26% -9.42% 13.34%
Quartile Ranking 1 1 3 1 3 1 1 4 4 1
Category Rank 64/ 391 14/ 416 261/ 449 62/ 475 352/ 528 40/ 564 46/ 578 560/ 586 527/ 600 30/ 612

Best Calendar Return (Last 10 years)

45.40% (2020)

Worst Calendar Return (Last 10 years)

-16.97% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 49.00
US Equity 45.02
International Equity 3.26
Income Trust Units 1.00
Foreign Corporate Bonds 0.95
Other 0.77

Sector Allocation

Sector Allocation
Name Percent
Technology 31.28
Basic Materials 12.05
Industrial Services 10.93
Consumer Services 8.45
Energy 6.64
Other 30.65

Geographic Allocation

Geographic Allocation
Name Percent
North America 95.95
Europe 2.12
Asia 0.84
Latin America 0.81
Other 0.28

Top Holdings

Top Holdings
Name Percent
Shopify Inc Cl A -
Canadian Pacific Railway Ltd -
NVIDIA Corp -
Cameco Corp -
Microsoft Corp -
Eli Lilly and Co -
Canadian Natural Resources Ltd -
Meta Platforms Inc Cl A -
Alimentation Couche-Tard Inc Cl A -
Vertiv Holdings Co Cl A -

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 Canadian Growth Company Class Series B

Median

Other - Canadian Focused Equity

3 Yr Annualized

Standard Deviation 16.29% 19.00% 16.35%
Beta 1.06% 1.11% 1.16%
Alpha 0.00% 0.05% 0.04%
Rsquared 0.69% 0.71% 0.69%
Sharpe 0.44% 0.74% 0.77%
Sortino 0.63% 1.12% 1.06%
Treynor 0.07% 0.13% 0.11%
Tax Efficiency 89.05% 95.00% 95.81%
Volatility Volatility rating is 9 on a scale of 1 to 10 Volatility rating is 10 on a scale of 1 to 10 Volatility rating is 10 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 14.39% 16.29% 19.00% 16.35%
Beta 1.03% 1.06% 1.11% 1.16%
Alpha 0.17% 0.00% 0.05% 0.04%
Rsquared 0.69% 0.69% 0.71% 0.69%
Sharpe 1.97% 0.44% 0.74% 0.77%
Sortino 5.12% 0.63% 1.12% 1.06%
Treynor 0.28% 0.07% 0.13% 0.11%
Tax Efficiency 95.85% 89.05% 95.00% 95.81%

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 September 25, 2001
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Corporation
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $593

Fund Codes

FundServ Code Load Code Sales Status
FID254

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 Canadian companies.

Investment Strategy

The strategies described below relate to the Fund and the underlying fund, Fidelity Canadian Growth Company Fund. To meet the Fund’s objectives, the portfolio management team of the underlying fund: Invests in shares of companies that trade at prices that reflect attractive valuations based on its assessment of each company’s potential for growth; Identifies investment opportunities in undervalued companies that may be poised to benefit from improvements in company or industry fundamentals.

Portfolio Manager(s)

Name Start Date
Mark Schmehl 03-25-2011

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 500
PAC Subsequent 25
SWP Allowed Yes
SWP Min Balance 5,000
SWP Min Withdrawal 50

Fees

MER 2.23%
Management Fee 1.85%
Load Front 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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