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Real Estate Equity
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|
NAVPS (04-30-2024) |
$11.88 |
|---|---|
| Change |
-$0.07
(-0.59%)
|
As at March 31, 2024
As at December 31, 2023
As at February 29, 2024
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Inception Return (April 18, 2007): 1.84%
| 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 | 3.32% | 1.51% | 14.61% | 1.51% | 7.75% | -4.43% | 1.58% | 5.09% | 1.01% | 3.17% | 3.02% | 2.70% | 2.72% | 5.30% |
| Benchmark | 2.80% | 0.06% | 14.73% | 0.06% | 8.93% | -3.29% | 3.38% | 7.36% | 1.37% | 3.87% | 3.14% | 3.10% | 3.30% | 6.15% |
| Category Average | 2.10% | 12.36% | 12.36% | 0.79% | 4.81% | -5.98% | 1.05% | 5.52% | 1.26% | 3.30% | 3.15% | 3.14% | 2.89% | 4.90% |
| Category Rank | 25 / 138 | 40 / 138 | 20 / 138 | 40 / 138 | 27 / 133 | 30 / 131 | 59 / 123 | 70 / 117 | 74 / 115 | 60 / 99 | 56 / 94 | 64 / 93 | 49 / 81 | 39 / 74 |
| Quartile Ranking | 1 | 2 | 1 | 2 | 1 | 1 | 2 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
| Return % | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.99% | -3.71% | 0.23% | 2.24% | -0.94% | -5.71% | -1.45% | 7.94% | 6.15% | -2.70% | 0.97% | 3.32% |
| Benchmark | 2.01% | -3.76% | 0.71% | 3.22% | -0.62% | -6.39% | -2.07% | 8.53% | 7.88% | -3.79% | 1.17% | 2.80% |
14.53% (January 2015)
-16.42% (October 2008)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 24.54% | 20.35% | -3.11% | 4.33% | 1.83% | 17.55% | -8.14% | 25.49% | -21.21% | 7.93% |
| Benchmark | 30.89% | 21.00% | 1.59% | 1.40% | 2.74% | 15.42% | -11.04% | 30.68% | -19.44% | 10.39% |
| Category Average | 20.48% | 11.96% | 1.20% | 5.38% | 0.16% | 19.52% | -6.93% | 27.77% | -21.53% | 6.48% |
| Quartile Ranking | 2 | 1 | 4 | 3 | 2 | 4 | 4 | 4 | 2 | 2 |
| Category Rank | 20/ 74 | 18/ 79 | 80/ 93 | 65/ 94 | 30/ 99 | 87/ 107 | 93/ 117 | 97/ 123 | 38/ 123 | 49/ 133 |
25.49% (2021)
-21.21% (2022)
| Name | Percent |
|---|---|
| US Equity | 59.81 |
| International Equity | 23.85 |
| Income Trust Units | 15.54 |
| Cash and Equivalents | 0.78 |
| Foreign Corporate Bonds | 0.01 |
| Other | 0.01 |
| Name | Percent |
|---|---|
| Real Estate | 98.66 |
| Cash and Cash Equivalent | 0.78 |
| Consumer Services | 0.27 |
| Fixed Income | 0.01 |
| Other | 0.28 |
| Name | Percent |
|---|---|
| North America | 66.15 |
| Asia | 18.19 |
| Europe | 15.38 |
| Other | 0.28 |
| Name | Percent |
|---|---|
| Prologis Inc | - |
| Equinix Inc | - |
| Ventas Inc | - |
| Public Storage | - |
| Digital Realty Trust Inc | - |
| Grainger PLC | - |
| Mitsui Fudosan Co Ltd | - |
| Kimco Realty Corp | - |
| Welltower Inc | - |
| Dream Industrial REIT - Units | - |
Fidelity Global Real Estate Class Series B
Median
Other - Real Estate Equity
| Standard Deviation | 15.65% | 15.41% | 14.23% |
|---|---|---|---|
| Beta | 0.93% | 0.90% | 0.92% |
| Alpha | -0.02% | 0.00% | 0.00% |
| Rsquared | 0.98% | 0.97% | 0.97% |
| Sharpe | 0.01% | 0.02% | 0.34% |
| Sortino | -0.02% | -0.07% | 0.33% |
| Treynor | 0.00% | 0.00% | 0.05% |
| Tax Efficiency | 69.65% | 71.47% | 94.84% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 13.72% | 15.65% | 15.41% | 14.23% |
| Beta | 0.87% | 0.93% | 0.90% | 0.92% |
| Alpha | 0.00% | -0.02% | 0.00% | 0.00% |
| Rsquared | 0.98% | 0.98% | 0.97% | 0.97% |
| Sharpe | 0.26% | 0.01% | 0.02% | 0.34% |
| Sortino | 0.67% | -0.02% | -0.07% | 0.33% |
| Treynor | 0.04% | 0.00% | 0.00% | 0.05% |
| Tax Efficiency | 100.00% | 69.65% | 71.47% | 94.84% |
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.
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.
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.
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.
| Start Date | April 18, 2007 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Corporation |
| Sales Status | Capped |
| Currency | CAD |
| Distribution Frequency | Annual |
| Assets ($mil) | $3 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| FID1228 |
The Fund aims to achieve a high total investment return. 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 a high total investment return by investing primarily in securities of companies anywhere in the world that participate in the real estate industry.
The strategies described below relate to the Fund and the underlying fund, Fidelity Global Real Estate Fund. To meet the Fund’s objectives, the portfolio management team of the underlying fund: Invests in REITs, and in equity securities of companies that invest or operate primarily in the real estate sector, including companies that own, manage, develop, finance, and otherwise participate in the residential and commercial real estate industry.
| Name | Start Date |
|---|---|
| Fidelity Investments Money Management Inc. | 11-10-2008 |
| Fidelity International Limited | 11-10-2008 |
| Pyramis Global Advisors Trust Company | 11-10-2008 |
| Pyramis Global Advisors LLC | 11-10-2008 |
| State Street Global Advisors Ltd. | 11-10-2008 |
| Pyramis Canada ULC | 11-10-2008 |
| Steven J Buller | 04-25-2022 |
| 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 |
| 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 |
| MER | 2.28% |
|---|---|
| Management Fee | 1.85% |
| Load | Back Fee Only |
| FE Max | 5.00% |
| DSC Max | - |
| Trailer Fee Max (FE) | - |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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