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Fidelity CanAm Opportunities Class Series A

North American 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
(04-19-2024)
$15.88
Change
-$0.10 (-0.60%)

As at March 31, 2024

As at December 31, 2023

As at February 29, 2024

Period
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Legend

Fidelity CanAm Opportunities Class Series A

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Fund Returns

Inception Return (January 16, 2019): 10.86%

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 3.71% 13.21% 24.62% 13.21% 22.00% 9.31% 6.15% 16.01% 9.14% - - - - -
Benchmark 3.60% 9.93% 19.50% 9.93% 21.87% 8.95% 11.78% 18.55% 12.75% 12.43% 11.50% 12.47% 10.88% 11.55%
Category Average 2.84% 19.93% 19.93% 9.37% 20.54% 7.15% 6.97% 17.03% 10.24% 9.53% 8.96% 9.50% 7.89% 8.54%
Category Rank 29 / 175 42 / 175 44 / 174 42 / 175 78 / 170 80 / 158 91 / 135 41 / 115 59 / 109 - - - - -
Quartile Ranking 1 1 2 1 2 3 3 2 3 - - - - -

Monthly Return

Monthly Return
Return % Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Fund -1.18% -1.95% 3.54% 2.42% 0.06% -4.79% -1.49% 7.65% 3.80% 1.59% 7.45% 3.71%
Benchmark 2.40% -2.16% 3.56% 2.65% -0.16% -4.09% -1.39% 7.17% 2.86% 1.77% 4.26% 3.60%

Best Monthly Return Since Inception

12.10% (April 2020)

Worst Monthly Return Since Inception

-16.09% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - - - 19.21% 12.12% -14.68% 16.03%
Benchmark 17.31% 5.50% 14.85% 11.54% -2.58% 24.09% 10.91% 26.72% -9.17% 17.51%
Category Average 14.45% 6.38% 4.55% 10.59% -6.12% 20.45% 16.55% 18.87% -14.77% 16.96%
Quartile Ranking - - - - - - 2 4 3 3
Category Rank - - - - - - 38/ 114 110/ 134 86/ 139 85/ 166

Best Calendar Return (Last 10 years)

19.21% (2020)

Worst Calendar Return (Last 10 years)

-14.68% (2022)

Asset Allocation

Asset Allocation
Name Percent
US Equity 64.42
Canadian Equity 24.91
Cash and Equivalents 5.89
International Equity 3.80
Foreign Corporate Bonds 0.49
Other 0.49

Sector Allocation

Sector Allocation
Name Percent
Technology 22.22
Industrial Services 16.13
Consumer Services 11.40
Healthcare 10.27
Consumer Goods 8.11
Other 31.87

Geographic Allocation

Geographic Allocation
Name Percent
North America 95.81
Latin America 2.58
Europe 1.04
Asia 0.43
Other 0.14

Top Holdings

Top Holdings
Name Percent
Fidelity U.S. Money Market Investment Trust O -
Charles River Laboratories Intl Inc -
Shopify Inc Cl A -
Service Corp International -
Grand Canyon Education Inc -
ASGN Inc -
Coty Inc Cl A -
Canadian Pacific Railway Ltd -
NVIDIA Corp -
Cooper Cos Inc -

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 CanAm Opportunities Class Series A

Median

Other - North American Equity

3 Yr Annualized

Standard Deviation 14.14% 15.86% -
Beta 0.98% 1.01% -
Alpha -0.05% -0.03% -
Rsquared 0.84% 0.83% -
Sharpe 0.31% 0.51% -
Sortino 0.43% 0.67% -
Treynor 0.04% 0.08% -
Tax Efficiency 94.96% - -
Volatility Volatility rating is 7 on a scale of 1 to 10 Volatility rating is 8 on a scale of 1 to 10 -

Risk Rating

Rating 7 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 13.10% 14.14% 15.86% -
Beta 1.12% 0.98% 1.01% -
Alpha -0.02% -0.05% -0.03% -
Rsquared 0.85% 0.84% 0.83% -
Sharpe 1.23% 0.31% 0.51% -
Sortino 3.00% 0.43% 0.67% -
Treynor 0.14% 0.04% 0.08% -
Tax Efficiency 96.60% 94.96% - -

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 January 16, 2019
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Corporation
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $59

Fund Codes

FundServ Code Load Code Sales Status
FID6548
FID6549
FID6550

Investment Objectives

The Fund aims to achieve long-term capital growth. It invests primarily in equity securities of Canadian and U.S companies. The Fund can invest in these securities either directly or indirectly through investments in underlying funds.

Investment Strategy

To meet the Fund’s objectives, the portfolio management team: Invests primarily in underlying funds with a focus on equity securities of Canadian and U.S companies. Currently, the underlying funds are Fidelity Canadian Growth Company Fund and Fidelity Small Cap America Fund; Follows a neutral mix guideline of approximately 50% exposure to Fidelity Canadian Growth Company Fund and 50% exposure to Fidelity Small Cap America Fund.

Portfolio Manager(s)

Name Start Date
Mark Schmehl 01-16-2019
Steve MacMillan 01-16-2019
Fidelity Management & Research Company LLC 02-06-2023

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 -
Auditor PriceWaterhouseCoopers LLP

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 2.49%
Management Fee 2.00%
Load Back Fee Only
FE Max -
DSC Max 6.00%
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) 0.50%
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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