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Fidelity Disruptors Class Series B

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Global 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
(07-31-2025) 		$11.37
Change
-$0.03 (-0.27%)

As at June 30, 2025

As at March 31, 2025

As at June 30, 2025

Period
Created with Highcharts 10.3.3Jul 2022Oct 2022Jan 2023Apr 2023Jul 2023Oct 2023Jan 2024Apr 2024Jul 2024Oct 2024Jan 2025Apr 2025Dec 2021Jun 2022Dec 2022Jun 2023Dec 2023Jun 2024Dec 2024Jun 2025Ju…$10,000$12,000$14,000$16,000$18,000Period

Legend

Fidelity Disruptors Class Series B

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Fund Returns

Inception Return (September 28, 2021): 2.79%

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 5.07% 7.41% 0.74% 0.74% 14.40% 15.49% 17.63% - - - - - - -
Benchmark 3.64% 5.96% 4.44% 4.44% 15.97% 19.37% 19.46% 10.37% 13.60% 12.28% 11.14% 11.34% 12.26% 10.94%
Category Average 3.16% 5.85% 4.68% 4.68% 12.95% 15.05% 15.34% 7.27% 10.99% 9.53% 8.71% 8.72% 9.45% 8.25%
Category Rank 237 / 2,120 455 / 2,100 1,805 / 2,086 1,805 / 2,086 765 / 2,043 898 / 1,919 487 / 1,812 - - - - - - -
Quartile Ranking 1 1 4 4 2 2 2 - - - - - - -

Monthly Return

Created with Highcharts 10.3.3-10%-5%0%5%10%
Monthly Return
Return % Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Fund 1.00% -0.26% 2.93% 2.71% 7.09% -0.44% 6.36% -4.79% -7.38% -2.87% 5.24% 5.07%
Benchmark 2.79% 0.04% 2.54% 0.69% 4.44% 0.14% 3.94% -1.04% -4.18% -2.97% 5.37% 3.64%

Best Monthly Return Since Inception

9.89% (November 2023)

Worst Monthly Return Since Inception

-11.00% (January 2022)

Calendar Return (%)

Created with Highcharts 10.3.3-40%-20%0%20%40%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund - - - - - - - -29.68% 22.73% 26.13%
Benchmark 16.88% 5.18% 16.29% -1.79% 21.41% 13.15% 17.62% -12.64% 19.37% 26.84%
Category Average 8.98% 3.86% 14.23% -5.38% 19.94% 11.73% 16.21% -13.86% 15.08% 20.13%
Quartile Ranking - - - - - - - 4 1 1
Category Rank - - - - - - - 1,660/ 1,728 241/ 1,867 481/ 1,981

Best Calendar Return (Last 10 years)

26.13% (2024)

Worst Calendar Return (Last 10 years)

-29.68% (2022)

Asset Allocation

Asset Allocation
Name Percent
US Equity 65.05
International Equity 32.23
Canadian Equity 1.89
Cash and Equivalents 0.83

Sector Allocation

Sector Allocation
Name Percent
Technology 37.61
Healthcare 20.15
Financial Services 15.35
Industrial Goods 9.66
Consumer Services 6.32
Other 10.91

Geographic Allocation

Geographic Allocation
Name Percent
North America 67.76
Asia 16.44
Europe 13.43
Latin America 1.16
Africa and Middle East 0.96
Other 0.25

Top Holdings

Top Holdings
Name Percent
NVIDIA Corp -
Amazon.com Inc -
Taiwan Semiconductor Manufactrg Co Ltd -
Sea Ltd - ADR Cl A -
Microsoft Corp -
Meta Platforms Inc Cl A -
Netflix Inc -
Visa Inc Cl A -
T-Mobile US Inc -
Uber Technologies 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)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return2468101214161820222426-10%0%10%20%30%40%

Fidelity Disruptors Class Series B

Median

Other - Global Equity

3 Yr Annualized

Standard Deviation 16.03% - -
Beta 1.27% - -
Alpha -0.06% - -
Rsquared 0.84% - -
Sharpe 0.85% - -
Sortino 1.61% - -
Treynor 0.11% - -
Tax Efficiency - - -
Volatility Volatility rating is 9 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 15.80% 16.03% - -
Beta 1.41% 1.27% - -
Alpha -0.07% -0.06% - -
Rsquared 0.87% 0.84% - -
Sharpe 0.72% 0.85% - -
Sortino 1.20% 1.61% - -
Treynor 0.08% 0.11% - -
Tax Efficiency 99.96% - - -

Fundata ESG Metrics

Fundata ESG Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A29.8​29.850.3​50.30%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: A29.4​29.450.7​50.70%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: A25.5​25.549.4​49.40%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: A30.1​30.151.8​51.80%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 28, 2021
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status -
Sales Status Open
Currency CAD
Distribution Frequency Quarterly
Assets ($mil) $8

Fund Codes

FundServ Code Load Code Sales Status
FID7297

Investment Objectives

The Fund aims to achieve long-term capital appreciation. It invests primarily in equity securities of companies located anywhere in the world that have the potential to be disruptive. It seeks to identify companies with innovative business models that could transform industries, challenge incumbents and create new opportunities. The Fund uses quantitative techniques in the construction of its portfolio.

Investment Strategy

To meet the Fund’s objectives, the portfolio management team: Aims to identify disruptive companies that have or are developing new or unconventional ways of doing business that could disrupt and displace incumbents over time. This may include creating, providing, or contributing to new or expanded business models, value networks, pricing and delivery of products and services; Uses a systematic approach to construct a portfolio of companies with above-average long-term growth potential.

Portfolio Management

Portfolio Manager

Fidelity Investments Canada ULC

  • Michael Kim
  • David Wagner
Sub-Advisor

Fidelity Management & Research Company LLC

Management and Organization

Fund Manager

Fidelity Investments Canada ULC
Custodian

State Street Trust Company Canada
Registrar

Fidelity Investments Canada ULC
Distributor

-

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 25
PAC Subsequent 25
SWP Allowed Yes
SWP Min Balance -
SWP Min Withdrawal -

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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