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Fidelity Greater Canada Class Series B

Canadian Focused Equity

FundGrade A Click for more information on Fundata’s FundGrade

FundGrade A

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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

2023, 2022, 2021, 2020, 2019

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NAVPS
(07-19-2024)
$40.68
Change
-$0.06 (-0.15%)

As at June 30, 2024

As at March 31, 2024

As at February 29, 2024

Period
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Legend

Fidelity Greater Canada Class Series B

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Fund Returns

Inception Return (January 07, 2008): 9.53%

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 -2.10% -3.24% 2.84% 2.84% 10.45% 19.39% 6.14% 18.14% 18.08% 16.82% 14.86% 13.87% 12.71% 13.29%
Benchmark -0.17% 0.71% 8.50% 8.50% 15.07% 13.92% 6.21% 11.89% 9.40% 8.36% 8.66% 9.22% 8.05% 7.71%
Category Average 0.26% 8.13% 8.13% 8.13% 13.44% 13.26% 6.07% 11.96% 8.96% 7.69% 7.62% 8.13% 6.82% 6.41%
Category Rank 582 / 603 588 / 602 585 / 600 585 / 600 392 / 599 90 / 587 346 / 579 23 / 566 8 / 555 8 / 521 20 / 495 30 / 438 30 / 414 17 / 391
Quartile Ranking 4 4 4 4 3 1 3 1 1 1 1 1 1 1

Monthly Return

Monthly Return
Return % Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Fund 2.25% -2.72% -4.02% -0.87% 8.32% 4.76% 0.55% 3.93% 1.70% -3.11% 2.01% -2.10%
Benchmark 2.78% -1.03% -3.68% -2.36% 7.23% 3.38% 0.82% 3.10% 3.64% -1.88% 2.82% -0.17%

Best Monthly Return Since Inception

14.41% (April 2020)

Worst Monthly Return Since Inception

-16.47% (September 2008)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 12.52% 0.41% 18.81% 2.47% 0.31% 21.00% 53.21% 22.22% -10.64% 24.46%
Benchmark 10.96% -0.77% 14.44% 10.80% -7.14% 21.45% 7.58% 21.76% -8.87% 13.60%
Category Average 9.08% -2.47% 11.42% 8.06% -8.78% 18.54% 7.73% 22.26% -9.42% 13.34%
Quartile Ranking 2 2 1 4 1 2 1 3 3 1
Category Rank 126/ 376 191/ 401 52/ 434 400/ 457 17/ 508 240/ 544 27/ 558 342/ 566 325/ 580 58/ 592

Best Calendar Return (Last 10 years)

53.21% (2020)

Worst Calendar Return (Last 10 years)

-10.64% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 49.59
US Equity 40.84
International Equity 8.32
Income Trust Units 1.06
Cash and Equivalents 0.15
Other 0.04

Sector Allocation

Sector Allocation
Name Percent
Consumer Services 20.40
Industrial Services 15.71
Technology 14.49
Financial Services 11.25
Basic Materials 10.46
Other 27.69

Geographic Allocation

Geographic Allocation
Name Percent
North America 90.59
Europe 6.35
Asia 1.97
Latin America 1.06
Other 0.03

Top Holdings

Top Holdings
Name Percent
Canadian National Railway Co -
Dollar General Corp -
Constellation Software Inc -
Onex Corp -
Dollar Tree Inc -
Installed Building Products Inc -
XPO Logistics Inc -
Westinghouse Air Brake Techs Corp -
Franco-Nevada Corp -
SNC-Lavalin Group 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 Greater Canada Class Series B

Median

Other - Canadian Focused Equity

3 Yr Annualized

Standard Deviation 14.14% 15.77% 12.44%
Beta 1.03% 1.00% 0.90%
Alpha 0.00% 0.08% 0.06%
Rsquared 0.87% 0.83% 0.73%
Sharpe 0.28% 1.01% 0.95%
Sortino 0.43% 1.71% 1.46%
Treynor 0.04% 0.16% 0.13%
Tax Efficiency 94.44% 98.10% 97.59%
Volatility Volatility rating is 7 on a scale of 1 to 10 Volatility rating is 8 on a scale of 1 to 10 Volatility rating is 7 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 12.73% 14.14% 15.77% 12.44%
Beta 1.10% 1.03% 1.00% 0.90%
Alpha -0.05% 0.00% 0.08% 0.06%
Rsquared 0.89% 0.87% 0.83% 0.73%
Sharpe 0.46% 0.28% 1.01% 0.95%
Sortino 1.15% 0.43% 1.71% 1.46%
Treynor 0.05% 0.04% 0.16% 0.13%
Tax Efficiency 99.40% 94.44% 98.10% 97.59%

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 07, 2008
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Corporation
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $385

Fund Codes

FundServ Code Load Code Sales Status
FID1276

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, as well as foreign equity securities.

Investment Strategy

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

Portfolio Manager(s)

Name Start Date
Hugo Lavallee 10-01-2011

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 2.26%
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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