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Fidelity Canadian Growth Company Class Series B

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Canadian Focused Equity

FundGrade A Click for more information on Fundata’s FundGrade

FundGrade A

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.

FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2021, 2020, 2019, 2018, 2017

Click for more information on Fundata’s FundGrade

NAVPS
(07-25-2025) 		$111.82
Change
$0.65 (0.58%)

As at June 30, 2025

As at March 31, 2025

As at June 30, 2025

Period
Created with Highcharts 10.3.3Jan 2003Jan 2005Jan 2007Jan 2009Jan 2011Jan 2013Jan 2015Jan 2017Jan 2019Jan 2021Jan 2023Jan 2025Jul 2022Oct 2022Apr 2023Jul 2023Oct 2023Jan 2024Apr 2024Jul 2024Oct 2024Apr 2025Jan 2004Jul 2007Jan 2011Jul 2014Jan 2018Jul 2021Jan 2025Ja…-$15,000$10,000$35,000$60,000$85,000$110,000$135,000$7,500$12,500$15,000$17,500$20,000Period

Legend

Fidelity Canadian Growth Company Class Series B

Compare Options

Fund Returns

Inception Return (September 25, 2001): 11.30%

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 5.95% 11.66% 8.07% 8.07% 19.83% 27.10% 22.48% 12.34% 15.46% 15.60% 13.44% 14.91% 14.55% 13.43%
Benchmark 3.11% 7.42% 7.77% 7.77% 21.93% 18.45% 16.53% 9.94% 13.83% 11.39% 10.20% 10.24% 10.57% 9.37%
Category Average 2.56% 6.54% 5.90% 5.90% 16.70% 15.06% 14.40% 8.63% 12.89% 10.22% 8.93% 8.72% 9.05% 7.77%
Category Rank 29 / 600 41 / 578 106 / 578 106 / 578 146 / 577 9 / 571 18 / 560 59 / 553 137 / 542 39 / 531 39 / 497 24 / 472 23 / 416 23 / 392
Quartile Ranking 1 1 1 1 2 1 1 1 2 1 1 1 1 1

Monthly Return

Created with Highcharts 10.3.3-10%-5%0%5%10%15%
Monthly Return
Return % Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Fund 0.24% -0.94% 2.11% 1.78% 9.33% -1.72% 6.52% -4.68% -4.68% -1.88% 7.40% 5.95%
Benchmark 4.75% 0.75% 2.88% 0.77% 5.65% -2.12% 3.61% -0.67% -2.52% -1.16% 5.40% 3.11%

Best Monthly Return Since Inception

16.52% (April 2020)

Worst Monthly Return Since Inception

-15.70% (September 2008)

Calendar Return (%)

Created with Highcharts 10.3.3-40%-20%0%20%40%60%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund 11.01% 13.83% 15.61% -9.05% 27.91% 45.40% 4.51% -16.97% 26.37% 35.91%
Benchmark -0.77% 14.44% 10.80% -7.14% 21.45% 7.58% 21.76% -8.87% 13.60% 22.75%
Category Average -2.47% 11.42% 8.06% -8.78% 18.54% 7.73% 22.26% -9.42% 13.34% 19.16%
Quartile Ranking 1 3 1 3 1 1 4 4 1 1
Category Rank 14/ 379 231/ 412 61/ 435 320/ 485 36/ 520 46/ 534 516/ 542 482/ 554 30/ 565 22/ 572

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 51.86
US Equity 29.20
International Equity 17.35
Cash and Equivalents 1.37
Income Trust Units 0.11
Other 0.11

Sector Allocation

Sector Allocation
Name Percent
Technology 17.90
Consumer Services 17.57
Financial Services 16.30
Basic Materials 14.03
Industrial Services 6.10
Other 28.10

Geographic Allocation

Geographic Allocation
Name Percent
North America 82.19
Asia 10.55
Europe 5.16
Africa and Middle East 0.62
Latin America 0.54
Other 0.94

Top Holdings

Top Holdings
Name Percent
Agnico Eagle Mines Ltd -
Royal Bank of Canada -
Berkshire Hathaway Inc Cl B -
Shopify Inc Cl A -
Canadian Pacific Railway Ltd -
Roblox Corp Cl A -
Dollarama Inc -
Canadian Natural Resources Ltd -
Alimentation Couche-Tard Inc Cl A -
JD.com Inc - ADR 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)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return24681012141618-5%0%5%10%15%20%25%30%

Fidelity Canadian Growth Company Class Series B

Median

Other - Canadian Focused Equity

3 Yr Annualized

Standard Deviation 15.69% 16.29% 16.88%
Beta 1.14% 1.12% 1.18%
Alpha 0.03% 0.00% 0.03%
Rsquared 0.74% 0.69% 0.70%
Sharpe 1.12% 0.81% 0.73%
Sortino 2.29% 1.37% 1.05%
Treynor 0.15% 0.12% 0.10%
Tax Efficiency 96.94% 96.32% 96.53%
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 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 16.43% 15.69% 16.29% 16.88%
Beta 1.39% 1.14% 1.12% 1.18%
Alpha -0.09% 0.03% 0.00% 0.03%
Rsquared 0.73% 0.74% 0.69% 0.70%
Sharpe 0.98% 1.12% 0.81% 0.73%
Sortino 2.15% 2.29% 1.37% 1.05%
Treynor 0.12% 0.15% 0.12% 0.10%
Tax Efficiency 100.00% 96.94% 96.32% 96.53%

Fundata ESG Metrics

Fundata ESG Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A17.6​17.640.8​40.80%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: A20.1​20.144.8​44.80%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: A21.2​21.237.9​37.90%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: A13.7​13.738.9​38.90%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 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) $666

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 Management

Portfolio Manager

Fidelity Investments Canada ULC

  • Mark Schmehl
Sub-Advisor

-

Management and Organization

Fund Manager

Fidelity Investments Canada ULC
Custodian

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 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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