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Global Equity Balanced

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

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FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2021, 2020, 2019, 2018, 2015

Click for more information on Fundata’s FundGrade

NAVPS
(04-12-2024)
$22.24
Change
-$0.20 (-0.89%)

As at March 31, 2024

As at December 31, 2023

As at February 29, 2024

Period
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Legend

Fidelity Global Growth Portfolio Series B

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Fund Returns

Inception Return (April 18, 2007): 6.37%

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 3.49% 2.10% -0.58% 11.14% 21.44% 9.13% 7.06% 12.94% 8.96% 8.34% 8.51% 8.72% 7.38% 8.19%
Benchmark 2.30% 7.76% 16.43% 7.76% 17.03% 8.32% 6.28% 10.74% 8.09% 7.66% 7.94% 8.66% 7.72% 8.79%
Category Average 2.28% 14.40% 14.40% 6.54% 13.24% 5.19% 4.68% 10.12% 6.26% 5.67% 5.56% 6.20% 5.10% 5.64%
Category Rank 87 / 1,385 24 / 1,384 59 / 1,343 24 / 1,384 57 / 1,308 63 / 1,289 153 / 1,146 125 / 1,085 74 / 1,056 67 / 920 44 / 826 59 / 770 67 / 629 59 / 556
Quartile Ranking 1 1 1 1 1 1 1 1 1 1 1 1 1 1

Monthly Return

Monthly Return
Return % Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Fund 1.18% -1.22% 2.28% 2.52% -0.06% -3.36% -0.58% 5.80% 2.63% 2.10% 5.18% 3.49%
Benchmark 1.47% -1.16% 1.58% 2.43% 0.23% -3.90% -0.20% 5.87% 2.26% 1.06% 4.23% 2.30%

Best Monthly Return Since Inception

8.91% (April 2020)

Worst Monthly Return Since Inception

-12.17% (October 2008)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 10.53% 11.00% 1.95% 12.24% -2.37% 17.43% 14.61% 11.28% -12.59% 15.66%
Benchmark 13.13% 17.03% 3.66% 11.99% 0.72% 16.29% 12.17% 11.33% -12.03% 15.07%
Category Average 7.89% 4.87% 4.92% 9.31% -5.49% 15.12% 8.09% 12.42% -11.85% 11.42%
Quartile Ranking 2 1 4 1 1 1 1 3 3 1
Category Rank 149/ 547 122/ 620 613/ 731 135/ 824 181/ 904 192/ 988 117/ 1,083 742/ 1,135 810/ 1,253 123/ 1,303

Best Calendar Return (Last 10 years)

17.43% (2019)

Worst Calendar Return (Last 10 years)

-12.59% (2022)

Asset Allocation

Asset Allocation
Name Percent
US Equity 39.27
International Equity 25.88
Canadian Equity 19.87
Foreign Government Bonds 6.44
Cash and Equivalents 3.24
Other 5.30

Sector Allocation

Sector Allocation
Name Percent
Technology 22.91
Financial Services 12.31
Fixed Income 9.50
Consumer Services 7.71
Basic Materials 6.22
Other 41.35

Geographic Allocation

Geographic Allocation
Name Percent
North America 71.07
Europe 12.21
Asia 9.66
Multi-National 4.62
Latin America 1.77
Other 0.67

Top Holdings

Top Holdings
Name Percent
Fidelity Insights Investment Trust Series O -
Fidelity Global Innovators Investment Trust Ser O -
Fidelity International Growth Multi-Asset Ba Fd O -
Fidelity Canadian Disciplined Equity Fund Ser O -
Fidelity Emerging Markets Fund Series B -
Fidelity U.S. All Cap Fund Series B -
Fidelity Cdn Fundamental Equ Multi-Asset Base O -
Fidelity Global Intrinsic Value Investment Trust O -
Fidelity Canadian Opportunities Fund Series O -
iShares 20 Plus Year Treasury Bond ETF (TLT) -

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 Global Growth Portfolio Series B

Median

Other - Global Equity Balanced

3 Yr Annualized

Standard Deviation 10.79% 11.43% 9.97%
Beta 0.98% 1.07% 1.03%
Alpha 0.01% 0.00% -0.01%
Rsquared 0.93% 0.92% 0.92%
Sharpe 0.44% 0.64% 0.70%
Sortino 0.61% 0.83% 0.82%
Treynor 0.05% 0.07% 0.07%
Tax Efficiency 92.26% 94.51% 94.69%
Volatility Volatility rating is 5 on a scale of 1 to 10 Volatility rating is 5 on a scale of 1 to 10 Volatility rating is 5 on a scale of 1 to 10

Risk Rating

Rating 5 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 9.16% 10.79% 11.43% 9.97%
Beta 1.03% 0.98% 1.07% 1.03%
Alpha 0.03% 0.01% 0.00% -0.01%
Rsquared 0.96% 0.93% 0.92% 0.92%
Sharpe 1.66% 0.44% 0.64% 0.70%
Sortino 4.24% 0.61% 0.83% 0.82%
Treynor 0.15% 0.05% 0.07% 0.07%
Tax Efficiency 99.66% 92.26% 94.51% 94.69%

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 April 18, 2007
Instrument Type Mutual Fund (Wrap Program)
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $4,628

Fund Codes

FundServ Code Load Code Sales Status
FID2206

Investment Objectives

The Portfolio aims to achieve high total investment return. The Portfolio is geared towards capital growth. It invests primarily in underlying funds. These underlying funds generally invest in global equity securities and/or fixed income securities.

Investment Strategy

To meet the Portfolio’s objectives, the portfolio management team: Follows a neutral mix guideline of approximately 85% equity, and 15% fixed income and money market instruments. Depending on market conditions, may vary the asset mix by up to +/- 15% from the neutral mix if it believes this produces the best overall return. Uses an asset allocation strategy, and invests primarily in underlying funds, including other Fidelity Funds and ETFs.

Portfolio Manager(s)

Name Start Date
Pyramis Global Advisors Trust Company 03-31-2008
Pyramis Canada ULC 11-11-2008
Fidelity Management and Research (FMR) Company 11-11-2008
State Street Global Advisors Ltd. 11-11-2008
Fidelity Investments Money Management Inc. 11-11-2008
Geoffrey D. Stein 05-23-2012
David D. Wolf 03-20-2017
Fidelity Investments Canada ULC 11-12-2021

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 2.27%
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) -

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