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Fidelity American Equity Currency Neutral Class Series B
U.S. Equity
Click for more information on Fundata’s FundGrade
FundGrade E
Click for more information on Fundata’s FundGrade.
Click for more information on Fundata’s ESG Grade
Fundata ESG Grade C
Click for more information on Fundata’s ESG Grade.
|
NAVPS (09-01-2026) |
$19.60 |
|---|---|
| Change |
-$0.27
(-1.34%)
|
As at July 31, 2026
As at June 30, 2026
As at July 31, 2026
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Legend
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Fund Returns
Inception Return (May 28, 2014): 6.86%
| 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 | -4.34% | 2.66% | 7.08% | 7.56% | 8.60% | 3.69% | 7.80% | 6.27% | 3.26% | 7.03% | 6.12% | 6.39% | 6.65% | 6.02% |
| Benchmark | -1.34% | 7.29% | 12.30% | 12.73% | 21.16% | 18.87% | 21.84% | 20.39% | 15.57% | 17.37% | 16.91% | 15.90% | 16.47% | 15.94% |
| Category Average | -1.26% | 6.30% | 9.54% | 10.25% | 16.02% | 13.83% | 16.70% | 15.49% | 10.72% | 13.36% | 12.60% | 11.78% | 12.25% | 11.99% |
| Category Rank | 1,118 / 1,390 | 1,210 / 1,378 | 970 / 1,361 | 919 / 1,355 | 1,034 / 1,322 | 1,208 / 1,230 | 1,145 / 1,178 | 1,112 / 1,127 | 1,052 / 1,067 | 974 / 1,005 | 942 / 956 | 860 / 875 | 812 / 826 | 730 / 738 |
| Quartile Ranking | 4 | 4 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
Monthly Return
| Return % | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 2.39% | 0.92% | -1.15% | 1.28% | -2.40% | 0.45% | -0.52% | -6.18% | 11.76% | 5.22% | 1.99% | -4.34% |
| Benchmark | 1.28% | 5.00% | 3.05% | -0.03% | -1.89% | 0.38% | -0.17% | -2.91% | 8.00% | 6.61% | 2.01% | -1.34% |
Best Monthly Return Since Inception
11.76% (April 2026)
Worst Monthly Return Since Inception
-12.36% (March 2020)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -2.79% | 12.63% | -3.94% | 21.82% | 2.67% | 24.55% | -16.16% | 10.41% | 13.32% | -0.86% |
| Benchmark | 8.65% | 13.80% | 3.98% | 25.18% | 16.07% | 28.16% | -12.52% | 23.32% | 36.01% | 12.28% |
| Category Average | 6.16% | 13.43% | -2.19% | 22.72% | 13.97% | 23.22% | -14.41% | 18.85% | 26.98% | 8.65% |
| Quartile Ranking | 4 | 3 | 4 | 3 | 4 | 2 | 3 | 4 | 4 | 4 |
| Category Rank | 629/ 688 | 457/ 753 | 642/ 838 | 637/ 901 | 869/ 968 | 474/ 1,031 | 570/ 1,075 | 1,003/ 1,130 | 1,139/ 1,206 | 1,161/ 1,246 |
Best Calendar Return (Last 10 years)
24.55% (2021)
Worst Calendar Return (Last 10 years)
-16.16% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| US Equity | 92.70 |
| International Equity | 4.47 |
| Canadian Equity | 4.03 |
| Foreign Corporate Bonds | 0.01 |
| Cash and Equivalents | -1.21 |
Sector Allocation
| Name | Percent |
|---|---|
| Technology | 47.85 |
| Consumer Services | 13.71 |
| Financial Services | 12.94 |
| Industrial Goods | 9.60 |
| Basic Materials | 4.67 |
| Other | 11.23 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 95.53 |
| Asia | 3.19 |
| Europe | 1.28 |
Top Holdings
| Name | Percent |
|---|---|
| Alphabet Inc Cl C | - |
| NVIDIA Corp | - |
| Amazon.com Inc | - |
| Caterpillar Inc | - |
| JPMorgan Chase & Co | - |
| Apple Inc | - |
| Lam Research Corp | - |
| Micron Technology Inc | - |
| KLA Corp | - |
| Meta Platforms Inc Cl A | - |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Fidelity American Equity Currency Neutral Class Series B
Median
Other - U.S. Equity
3 Yr Annualized
| Standard Deviation | 12.92% | 15.21% | 13.72% |
|---|---|---|---|
| Beta | 0.75 | 0.91 | 0.84 |
| Alpha | -0.07 | -0.10 | -0.06 |
| Rsquared | 0.50% | 0.66% | 0.61% |
| Sharpe | 0.38 | 0.09 | 0.35 |
| Sortino | 0.70 | 0.13 | 0.40 |
| Treynor | 0.06 | 0.02 | 0.06 |
| Tax Efficiency | 90.12% | 77.82% | 93.06% |
| Volatility |
|
|
|
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 16.01% | 12.92% | 15.21% | 13.72% |
| Beta | 1.17 | 0.75 | 0.91 | 0.84 |
| Alpha | -0.14 | -0.07 | -0.10 | -0.06 |
| Rsquared | 0.74% | 0.50% | 0.66% | 0.61% |
| Sharpe | 0.45 | 0.38 | 0.09 | 0.35 |
| Sortino | 0.76 | 0.70 | 0.13 | 0.40 |
| Treynor | 0.06 | 0.06 | 0.02 | 0.06 |
| Tax Efficiency | 74.75% | 90.12% | 77.82% | 93.06% |
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 28, 2014 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Corporation |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Annual |
| Assets ($mil) | $37 |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| FID2637 |
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 U.S. companies. The Fund uses derivatives to try to minimize the exposure to currency fluctuations between the U.S. and Canadian dollars.
Investment Strategy
The strategies described below relate to the Fund and the underlying fund, Fidelity American Equity Fund. To meet the Fund’s objectives, the portfolio management team of the underlying fund: Invests in companies that it believes are undervalued in the marketplace based on valuation factors, such as assets, sales, earnings, growth potential, cash flow, and other companies in the same industry.
Portfolio Management
| Portfolio Manager |
Fidelity Investments Canada ULC
|
|---|---|
| Sub-Advisor |
- |
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 | 5,000 |
| SWP Min Withdrawal | 50 |
Fees
| MER | 2.31% |
|---|---|
| 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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