Join Fund Library now and get free access to personalized features to help you manage your investments.

Add to My Watchlist

International Equity

FundGrade D Click for more information on Fundata’s FundGrade

FundGrade D

Click for more information on Fundata’s FundGrade.

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

Fundata ESG Grade C

Click for more information on Fundata’s ESG Grade.

NAVPS
(04-12-2024)
$14.01
Change
-$0.24 (-1.67%)

As at March 31, 2024

As at December 31, 2023

As at February 29, 2024

Period
Loading...

Legend

Fidelity International Concentrated Equity Fund Series B

Compare Options


Fund Returns

Inception Return (May 04, 2006): 2.58%

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 3.58% -0.02% -3.67% 3.54% 9.38% 10.42% 2.75% 13.49% 5.70% 3.22% 4.66% 5.83% 3.77% 4.34%
Benchmark 3.12% 7.59% 16.68% 7.59% 15.23% 9.95% 5.89% 11.85% 7.22% 5.75% 6.70% 7.66% 6.18% 6.93%
Category Average 2.83% 15.60% 15.60% 7.06% 12.44% 8.30% 4.27% 10.73% 6.20% 4.82% 5.67% 6.45% 5.01% 5.58%
Category Rank 179 / 782 727 / 774 681 / 762 727 / 774 571 / 741 220 / 718 530 / 693 140 / 655 404 / 619 485 / 539 357 / 475 300 / 422 308 / 365 295 / 336
Quartile Ranking 1 4 4 4 4 2 4 1 3 4 4 3 4 4

Monthly Return

Monthly Return
Return % Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Fund 2.83% -5.73% 4.23% 4.30% -2.37% -4.01% -3.67% 8.07% 2.75% -0.02% -0.02% 3.58%
Benchmark 2.76% -3.45% 1.52% 3.11% -1.30% -3.65% -1.92% 7.38% 2.98% 0.90% 3.40% 3.12%

Best Monthly Return Since Inception

17.19% (November 2020)

Worst Monthly Return Since Inception

-17.49% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund -0.01% 12.23% -6.25% 21.08% -14.10% 18.89% 7.09% 8.86% -14.57% 18.31%
Benchmark 4.12% 19.41% -1.70% 18.37% -6.81% 16.27% 8.01% 8.97% -10.67% 15.74%
Category Average 1.55% 13.82% -2.56% 17.84% -8.91% 17.54% 7.87% 8.64% -12.60% 13.75%
Quartile Ranking 4 4 4 1 4 2 3 3 3 1
Category Rank 276/ 324 286/ 362 341/ 407 86/ 467 494/ 530 237/ 598 342/ 652 351/ 683 446/ 706 74/ 737

Best Calendar Return (Last 10 years)

21.08% (2017)

Worst Calendar Return (Last 10 years)

-14.57% (2022)

Asset Allocation

Asset Allocation
Name Percent
International Equity 97.48
Canadian Equity 2.50
Cash and Equivalents 0.01
Other 0.01

Sector Allocation

Sector Allocation
Name Percent
Technology 21.78
Consumer Goods 19.23
Financial Services 17.22
Industrial Services 10.49
Industrial Goods 10.01
Other 21.27

Geographic Allocation

Geographic Allocation
Name Percent
Europe 75.93
Asia 21.55
North America 2.51
Other 0.01

Top Holdings

Top Holdings
Name Percent
Clarivate PLC -
Prosus NV -
Banco Bilbao Vizcaya Argentaria SA -
Airbus SE -
Alibaba Group Holding Ltd -
BNP Paribas SA -
Barclays PLC -
Elis SA -
Samsung Electronics Co Ltd -
Reckitt Benckiser Group PLC -

Equity Style

Market capitalization is large. Equity style is blend.

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Fidelity International Concentrated Equity Fund Series B

Median

Other - International Equity

3 Yr Annualized

Standard Deviation 17.78% 19.62% 16.20%
Beta 1.22% 1.32% 1.21%
Alpha -0.04% -0.03% -0.04%
Rsquared 0.84% 0.86% 0.86%
Sharpe 0.09% 0.28% 0.26%
Sortino 0.11% 0.34% 0.23%
Treynor 0.01% 0.04% 0.03%
Tax Efficiency 93.70% 97.68% 96.15%
Volatility Volatility rating is 10 on a scale of 1 to 10 Volatility rating is 10 on a scale of 1 to 10 Volatility rating is 9 on a scale of 1 to 10

Risk Rating

Rating 10 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 14.38% 17.78% 19.62% 16.20%
Beta 1.18% 1.22% 1.32% 1.21%
Alpha -0.08% -0.04% -0.03% -0.04%
Rsquared 0.86% 0.84% 0.86% 0.86%
Sharpe 0.36% 0.09% 0.28% 0.26%
Sortino 0.80% 0.11% 0.34% 0.23%
Treynor 0.04% 0.01% 0.04% 0.03%
Tax Efficiency 97.58% 93.70% 97.68% 96.15%

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 May 04, 2006
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $37

Fund Codes

FundServ Code Load Code Sales Status
FID1102
FID1202

Investment Objectives

The Fund aims to achieve long-term capital growth. It invests primarily in equity securities of companies located outside of the United States.

Investment Strategy

To meet the Fund’s objectives, the portfolio management team: Aims to favour attractively priced companies that show the potential for above-average long-term compounding of total shareholder returns and better than average quality characteristics. When buying and selling equity securities, may consider factors about a company, including: > Financial condition. > Industry position. > Economic and market conditions. > Earnings estimates. > Quality of management.

Portfolio Manager(s)

Name Start Date
Fidelity Investments Canada ULC 11-12-2021
Fidelity Canada Investment Management 02-06-2023

Management and Organization

Fund Manager Fidelity Investments Canada ULC
Advisor Fidelity Investments Canada ULC
Custodian CIBC Mellon Trust Company
Registrar Fidelity Investments Canada ULC
Distributor Fidelity Investments Canada ULC
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 2.28%
Management Fee 1.85%
Load Front Fee Only
FE Max 1.00%
DSC Max -
LL Max -
Trailer Fee Max (FE) 1.00%
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

Join Fund Library now and get free access to personalized features to help you manage your investments.