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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
(06-18-2024)
$90.67
Change
$0.24 (0.27%)

As at May 31, 2024

As at March 31, 2024

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 5.12% 7.13% 24.81% 20.40% 38.23% 16.08% 10.20% 15.40% 15.18% 12.55% 13.31% 13.81% 12.34% 13.48%
Benchmark 2.82% 4.55% 12.37% 8.69% 18.91% 9.31% 7.29% 12.56% 10.00% 8.64% 8.42% 9.16% 7.76% 8.02%
Category Average 2.48% 11.33% 11.33% 7.85% 17.16% 9.12% 6.86% 12.13% 9.49% 7.83% 7.43% 7.92% 6.54% 6.64%
Category Rank 23 / 610 13 / 608 27 / 608 14 / 608 8 / 607 33 / 595 101 / 587 112 / 573 50 / 563 42 / 526 40 / 500 41 / 444 41 / 418 22 / 397
Quartile Ranking 1 1 1 1 1 1 1 1 1 1 1 1 1 1

Monthly Return

Monthly Return
Return % Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May
Fund 4.39% 4.16% -0.01% -5.26% -1.66% 9.33% 3.66% 3.88% 8.19% 5.42% -3.33% 5.12%
Benchmark 3.16% 2.78% -1.03% -3.68% -2.36% 7.23% 3.38% 0.82% 3.10% 3.64% -1.88% 2.82%

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/ 382 14/ 407 256/ 440 61/ 463 344/ 516 40/ 552 46/ 566 548/ 574 516/ 588 30/ 600

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 49.27
US Equity 45.40
International Equity 3.72
Foreign Corporate Bonds 0.81
Income Trust Units 0.64
Other 0.16

Sector Allocation

Sector Allocation
Name Percent
Technology 27.82
Industrial Services 12.44
Basic Materials 10.67
Energy 7.60
Healthcare 7.53
Other 33.94

Geographic Allocation

Geographic Allocation
Name Percent
North America 95.61
Europe 2.75
Asia 0.69
Latin America 0.64
Other 0.31

Top Holdings

Top Holdings
Name Percent
Canadian Pacific Railway Ltd -
Shopify Inc Cl A -
NVIDIA Corp -
Cameco Corp -
Meta Platforms Inc Cl A -
Eli Lilly and Co -
Canadian Natural Resources Ltd -
Thomson Reuters Corp -
Alimentation Couche-Tard Inc Cl A -
Coinbase Global Inc 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 16.57% 18.99% 16.46%
Beta 1.10% 1.11% 1.16%
Alpha 0.02% 0.04% 0.04%
Rsquared 0.73% 0.71% 0.69%
Sharpe 0.50% 0.73% 0.77%
Sortino 0.75% 1.11% 1.06%
Treynor 0.07% 0.13% 0.11%
Tax Efficiency 90.60% 95.06% 95.88%
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 15.51% 16.57% 18.99% 16.46%
Beta 1.34% 1.10% 1.11% 1.16%
Alpha 0.10% 0.02% 0.04% 0.04%
Rsquared 0.89% 0.73% 0.71% 0.69%
Sharpe 1.87% 0.50% 0.73% 0.77%
Sortino 4.51% 0.75% 1.11% 1.06%
Treynor 0.22% 0.07% 0.13% 0.11%
Tax Efficiency 100.00% 90.60% 95.06% 95.88%

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) $592

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 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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