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Fidelity Global Concentrated Equity Currency Neutral Fund Series A
Global Equity
Click for more information on Fundata’s FundGrade
FundGrade C
Click for more information on Fundata’s FundGrade.
Click for more information on Fundata’s ESG Grade
Fundata ESG Grade D
Click for more information on Fundata’s ESG Grade.
|
NAVPS (06-17-2026) |
$14.44 |
|---|---|
| Change |
-$0.25
(-1.69%)
|
As at May 31, 2026
As at March 31, 2026
As at May 31, 2026
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Legend
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Fund Returns
Inception Return (November 01, 2017): 8.20%
| 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 | 4.66% | 0.47% | 4.65% | 3.40% | 19.13% | 12.79% | 14.52% | 12.33% | 7.04% | 13.00% | 10.72% | 8.86% | - | - |
| Benchmark | 6.39% | 8.34% | 12.07% | 13.09% | 30.86% | 22.38% | 22.82% | 19.03% | 14.25% | 16.00% | 14.66% | 13.07% | 12.48% | 13.34% |
| Category Average | 4.69% | 5.42% | 7.92% | 8.81% | 21.05% | 15.85% | 16.98% | 13.86% | 9.77% | 12.27% | 11.15% | 9.86% | 9.37% | 10.01% |
| Category Rank | 1,224 / 2,211 | 1,865 / 2,197 | 1,503 / 2,166 | 1,905 / 2,171 | 1,326 / 2,104 | 1,437 / 1,997 | 1,294 / 1,873 | 1,259 / 1,773 | 1,327 / 1,616 | 675 / 1,468 | 878 / 1,412 | 885 / 1,230 | - | - |
| Quartile Ranking | 3 | 4 | 3 | 4 | 3 | 3 | 3 | 3 | 4 | 2 | 3 | 3 | - | - |
Monthly Return
| Return % | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 2.69% | 2.38% | 3.26% | 3.26% | 1.47% | 0.08% | 1.21% | 1.12% | 1.78% | -9.56% | 6.14% | 4.66% |
| Benchmark | 3.64% | 2.87% | 1.95% | 4.75% | 2.78% | -0.21% | -0.91% | 2.09% | 2.25% | -5.34% | 7.58% | 6.39% |
Best Monthly Return Since Inception
17.97% (November 2020)
Worst Monthly Return Since Inception
-20.01% (March 2020)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | -15.43% | 30.29% | 7.47% | 14.01% | -13.90% | 20.81% | 4.04% | 26.63% |
| Benchmark | 5.18% | 16.29% | -1.79% | 21.41% | 13.15% | 17.62% | -12.64% | 19.37% | 26.84% | 16.60% |
| Category Average | 3.86% | 14.23% | -5.38% | 19.94% | 11.73% | 16.21% | -13.86% | 15.08% | 20.13% | 12.89% |
| Quartile Ranking | - | - | 4 | 1 | 3 | 3 | 3 | 1 | 4 | 1 |
| Category Rank | - | - | 1,137/ 1,183 | 67/ 1,370 | 1,078/ 1,450 | 1,136/ 1,561 | 948/ 1,713 | 348/ 1,844 | 1,945/ 1,956 | 72/ 2,067 |
Best Calendar Return (Last 10 years)
30.29% (2019)
Worst Calendar Return (Last 10 years)
-15.43% (2018)
Asset Allocation
| Name | Percent |
|---|---|
| International Equity | 65.39 |
| US Equity | 32.30 |
| Cash and Equivalents | 1.27 |
| Canadian Equity | 1.01 |
| Foreign Corporate Bonds | 0.01 |
| Other | 0.02 |
Sector Allocation
| Name | Percent |
|---|---|
| Technology | 20.45 |
| Consumer Services | 16.29 |
| Financial Services | 11.56 |
| Consumer Goods | 11.45 |
| Healthcare | 9.90 |
| Other | 30.35 |
Geographic Allocation
| Name | Percent |
|---|---|
| Europe | 36.78 |
| North America | 35.10 |
| Asia | 23.86 |
| Latin America | 0.83 |
| Other | 3.43 |
Top Holdings
| Name | Percent |
|---|---|
| Microsoft Corp | - |
| Alibaba Group Holding Ltd | - |
| Prosus NV | - |
| Amazon.com Inc | - |
| Northern Star Resources Ltd | - |
| Melrose Industries PLC | - |
| Dollar Tree Inc | - |
| Samsung Electronics Co Ltd | - |
| Concordia Financial Group Ltd | - |
| International Flavors & Fragrances Inc | - |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Fidelity Global Concentrated Equity Currency Neutral Fund Series A
Median
Other - Global Equity
3 Yr Annualized
| Standard Deviation | 12.70% | 15.88% | - |
|---|---|---|---|
| Beta | 0.89 | 1.06 | - |
| Alpha | -0.04 | -0.07 | - |
| Rsquared | 0.56% | 0.66% | - |
| Sharpe | 0.85 | 0.32 | - |
| Sortino | 1.44 | 0.48 | - |
| Treynor | 0.12 | 0.05 | - |
| Tax Efficiency | 90.38% | 85.95% | - |
| Volatility |
|
|
- |
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 13.40% | 12.70% | 15.88% | - |
| Beta | 1.03 | 0.89 | 1.06 | - |
| Alpha | -0.10 | -0.04 | -0.07 | - |
| Rsquared | 0.83% | 0.56% | 0.66% | - |
| Sharpe | 1.20 | 0.85 | 0.32 | - |
| Sortino | 1.58 | 1.44 | 0.48 | - |
| Treynor | 0.16 | 0.12 | 0.05 | - |
| Tax Efficiency | 90.54% | 90.38% | 85.95% | - |
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 | November 01, 2017 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Annual |
| Assets ($mil) | - |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| FID6042 | ||
| FID6043 | ||
| FID6044 |
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 anywhere in the world. The Fund uses derivatives to try to minimize the exposure to currency fluctuations between developed market foreign currencies and the Canadian dollar.
Investment Strategy
The strategies described below relate to the Fund and the underlying fund, Fidelity Global Concentrated Equity Fund. To meet the Fund’s objectives, the portfolio management team of the underlying fund: Aims to favour attractively priced companies that show the potential for above-average long-term compounding of total shareholder returns and better than average quality characteristics.
Portfolio Management
| Portfolio Manager |
Fidelity Investments Canada ULC
|
|---|---|
| Sub-Advisor |
Fidelity Canada Investment Management |
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 | 100 |
Fees
| MER | 2.60% |
|---|---|
| Management Fee | 2.00% |
| Load | Front Fee Only |
| FE Max | - |
| DSC Max | 6.00% |
| Trailer Fee Max (FE) | - |
| Trailer Fee Max (DSC) | 1.00% |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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