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Fidelity Canadian Opportunities Class Series B

Canadian Equity

FundGrade B Click for more information on Fundata’s FundGrade

FundGrade B

Click for more information on Fundata’s FundGrade.

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

Fundata ESG Grade E

Click for more information on Fundata’s ESG Grade.

FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2024, 2023, 2022, 2021, 2020

Click for more information on Fundata’s FundGrade

NAVPS
(08-08-2025)
$58.68
Change
-$0.07 (-0.12%)

As at June 30, 2025

As at March 31, 2025

As at June 30, 2025

Period
Created with Highcharts 10.3.3Jan 2023Jan 2024Jan 2025Jul 2022Oct 2022Apr 2023Jul 2023Oct 2023Apr 2024Jul 2024Oct 2024Apr 2025Jan 2006Jan 2008Jan 2010Jan 2012Jan 2014Jan 2016Jan 2018Jan 2020Jan 2022Jan 2024$10,000$11,000$12,000$13,000$14,000$15,000$16,000Period

Legend

Fidelity Canadian Opportunities Class Series B

Compare Options


Fund Returns

Inception Return (November 08, 2004): 9.86%

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 3.06% 7.57% 3.48% 3.48% 9.93% 10.49% 14.87% 8.46% 14.43% 13.80% 13.19% 12.05% 11.43% 10.70%
Benchmark 2.91% 8.53% 10.17% 10.17% 26.37% 19.03% 16.09% 10.74% 15.02% 11.96% 10.77% 10.72% 10.76% 9.61%
Category Average 2.57% 8.38% 9.10% 9.10% 21.89% 15.99% 13.69% 9.49% 13.72% 10.29% 9.01% 8.80% 8.93% 7.96%
Category Rank 118 / 750 569 / 745 728 / 740 728 / 740 715 / 725 684 / 702 276 / 681 484 / 602 272 / 571 26 / 540 14 / 492 21 / 463 38 / 431 23 / 388
Quartile Ranking 1 4 4 4 4 4 2 4 2 1 1 1 1 1

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 3.89% -2.45% 2.26% 0.52% 6.00% -3.81% 1.43% -2.33% -2.90% -0.59% 5.00% 3.06%
Benchmark 5.87% 1.22% 3.15% 0.85% 6.37% -3.27% 3.48% -0.40% -1.51% -0.10% 5.56% 2.91%

Best Monthly Return Since Inception

14.10% (April 2020)

Worst Monthly Return Since Inception

-15.76% (September 2008)

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 -8.89% 24.62% 2.85% -0.98% 21.77% 27.60% 19.47% -2.29% 18.24% 10.65%
Benchmark -8.32% 21.08% 9.10% -8.89% 22.88% 5.60% 25.09% -5.84% 11.75% 21.65%
Category Average -6.15% 16.46% 6.89% -9.47% 19.21% 3.42% 23.26% -4.82% 9.85% 17.87%
Quartile Ranking 4 1 4 1 2 1 4 1 1 4
Category Rank 318/ 379 34/ 407 423/ 450 9/ 476 185/ 522 10/ 548 509/ 583 155/ 651 29/ 688 705/ 715

Best Calendar Return (Last 10 years)

27.60% (2020)

Worst Calendar Return (Last 10 years)

-8.89% (2015)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 86.76
US Equity 7.56
Cash and Equivalents 3.15
Income Trust Units 2.44
Canadian Corporate Bonds 0.04
Other 0.05

Sector Allocation

Sector Allocation
Name Percent
Financial Services 19.83
Consumer Services 17.24
Basic Materials 16.13
Energy 14.58
Industrial Services 8.56
Other 23.66

Geographic Allocation

Geographic Allocation
Name Percent
North America 98.16
Latin America 1.81
Other 0.03

Top Holdings

Top Holdings
Name Percent
Franco-Nevada Corp -
Onex Corp -
Fairfax Financial Holdings Ltd -
Alimentation Couche-Tard Inc Cl A -
TFI International Inc -
Boyd Group Services Inc -
Intact Financial Corp -
Fidelity Canadian Money Market Investment Trust O -
iA Financial Corp Inc -
Prairiesky Royalty Ltd -

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 Return56789101112131415161718190%5%10%15%20%25%30%

Fidelity Canadian Opportunities Class Series B

Median

Other - Canadian Equity

3 Yr Annualized

Standard Deviation 11.23% 12.14% 11.96%
Beta 0.82% 0.87% 0.84%
Alpha 0.02% 0.01% 0.02%
Rsquared 0.83% 0.84% 0.82%
Sharpe 0.94% 0.97% 0.77%
Sortino 2.07% 1.67% 1.07%
Treynor 0.13% 0.14% 0.11%
Tax Efficiency 93.51% 94.56% 94.42%
Volatility Volatility rating is 6 on a scale of 1 to 10 Volatility rating is 7 on a scale of 1 to 10 Volatility rating is 6 on a scale of 1 to 10

Risk Rating

Rating 6 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 11.40% 11.23% 12.14% 11.96%
Beta 1.02% 0.82% 0.87% 0.84%
Alpha -0.14% 0.02% 0.01% 0.02%
Rsquared 0.89% 0.83% 0.84% 0.82%
Sharpe 0.59% 0.94% 0.97% 0.77%
Sortino 1.11% 2.07% 1.67% 1.07%
Treynor 0.07% 0.13% 0.14% 0.11%
Tax Efficiency 94.07% 93.51% 94.56% 94.42%

Fundata ESG Metrics

Fundata ESG Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A5.85.841.441.40%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: A8.58.545.545.50%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: A4.54.538.438.40%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: A3.93.938.038.00%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.

Fund Details

Start Date November 08, 2004
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Corporation
Sales Status Partially Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $78

Fund Codes

FundServ Code Load Code Sales Status
FID276

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. The underlying fund may sometimes have significant exposure to relatively few companies and industries.

Investment Strategy

The strategies described below relate to the Fund and the underlying fund, Fidelity Canadian Opportunities Fund. To meet the Fund’s objectives, the portfolio management team of the underlying fund: Focuses on a company’s fundamentals and invests in shares of companies that trade at prices that reflect attractive valuations based on its assessment of each company’s potential for growth and earnings.

Portfolio Management

Portfolio Manager

Fidelity Investments Canada ULC

  • Hugo Lavallee
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 2.25%
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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