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Fidelity North American Equity Class Series A

North American 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

2022, 2021, 2020

Click for more information on Fundata’s FundGrade

NAVPS
(06-13-2024)
$22.83
Change
-$0.01 (-0.06%)

As at May 31, 2024

As at March 31, 2024

As at February 29, 2024

Period
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Fidelity North American Equity Class Series A

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Fund Returns

Inception Return (October 28, 2015): 11.30%

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 4.12% 3.61% 17.88% 15.73% 30.16% 15.70% 11.52% 14.54% 14.07% 12.82% 12.18% 12.25% - -
Benchmark 3.45% 4.75% 14.33% 11.15% 23.00% 13.11% 10.78% 14.92% 13.14% 11.88% 11.44% 12.07% 10.91% 11.49%
Category Average 2.68% 13.21% 13.21% 8.42% 20.41% 10.75% 5.77% 12.03% 10.13% 8.87% 8.62% 9.05% 7.62% 8.44%
Category Rank 43 / 172 46 / 172 29 / 172 24 / 172 21 / 167 35 / 155 15 / 132 13 / 117 10 / 106 9 / 80 9 / 75 9 / 72 - -
Quartile Ranking 1 2 1 1 1 1 1 1 1 1 1 1 - -

Monthly Return

Monthly Return
Return % Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May
Fund 4.37% 1.29% 1.21% -3.77% -0.24% 7.50% 1.86% 4.04% 7.36% 3.07% -3.45% 4.12%
Benchmark 3.56% 2.65% -0.16% -4.09% -1.39% 7.17% 2.86% 1.77% 4.26% 3.60% -2.26% 3.45%

Best Monthly Return Since Inception

11.99% (April 2020)

Worst Monthly Return Since Inception

-12.36% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - 1.29% 10.94% -1.93% 26.74% 19.58% 21.97% -14.29% 20.38%
Benchmark 17.31% 5.50% 14.85% 11.54% -2.58% 24.09% 10.91% 26.72% -9.17% 17.51%
Category Average 14.45% 6.38% 4.55% 10.59% -6.12% 20.45% 16.55% 18.87% -14.77% 16.96%
Quartile Ranking - - 4 2 2 2 2 2 3 2
Category Rank - - 50/ 66 27/ 75 27/ 76 26/ 87 31/ 112 59/ 131 78/ 136 41/ 163

Best Calendar Return (Last 10 years)

26.74% (2019)

Worst Calendar Return (Last 10 years)

-14.29% (2022)

Asset Allocation

Asset Allocation
Name Percent
US Equity 74.51
Canadian Equity 24.45
Cash and Equivalents 0.60
International Equity 0.43
Foreign Corporate Bonds 0.01

Sector Allocation

Sector Allocation
Name Percent
Technology 35.51
Financial Services 12.23
Basic Materials 12.11
Consumer Services 10.79
Real Estate 8.58
Other 20.78

Geographic Allocation

Geographic Allocation
Name Percent
North America 99.57
Europe 0.43

Top Holdings

Top Holdings
Name Percent
Microsoft Corp -
Amazon.com Inc -
Meta Platforms Inc Cl A -
NVIDIA Corp -
Constellation Software Inc -
Alphabet Inc Cl A -
Sherwin-Williams Co -
Visa Inc Cl A -
Mastercard Inc Cl A -
Boston Scientific Corp -

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 North American Equity Class Series A

Median

Other - North American Equity

3 Yr Annualized

Standard Deviation 13.79% 15.05% -
Beta 0.99% 1.00% -
Alpha 0.01% 0.01% -
Rsquared 0.91% 0.90% -
Sharpe 0.65% 0.82% -
Sortino 1.02% 1.18% -
Treynor 0.09% 0.12% -
Tax Efficiency 91.63% 94.92% -
Volatility Volatility rating is 7 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 12.48% 13.79% 15.05% -
Beta 1.05% 0.99% 1.00% -
Alpha 0.05% 0.01% 0.01% -
Rsquared 0.86% 0.91% 0.90% -
Sharpe 1.80% 0.65% 0.82% -
Sortino 4.44% 1.02% 1.18% -
Treynor 0.21% 0.09% 0.12% -
Tax Efficiency 99.31% 91.63% 94.92% -

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 October 28, 2015
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Corporation
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $9

Fund Codes

FundServ Code Load Code Sales Status
FID3469
FID3470
FID3471

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 invests primarily in equity securities of companies located in Canada and/or the United States.

Investment Strategy

The strategies described below relate to the Fund and the underlying fund, Fidelity North American Equity Investment Trust. To meet the Fund’s objectives, the portfolio management team of the underlying fund: Invests in all types of equity securities; Invests no more than approximately 50% of its net assets in Canadian equity securities.

Portfolio Manager(s)

Name Start Date
Darren Lekkerkerker 10-28-2015

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 500
PAC Subsequent 25
SWP Allowed Yes
SWP Min Balance 10,000
SWP Min Withdrawal 100

Fees

MER 2.49%
Management Fee 2.00%
Load Front Fee Only
FE Max -
DSC Max 6.00%
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) 0.50%
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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