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Fidelity Global Innovators Class Series A

Global 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

2021, 2020

Click for more information on Fundata’s FundGrade

NAVPS
(10-10-2024)
$35.05
Change
$0.01 (0.03%)

As at September 30, 2024

As at June 30, 2024

As at July 31, 2024

Period
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Legend

Fidelity Global Innovators Class Series A

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Fund Returns

Inception Return (November 01, 2017): 20.64%

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 3.23% -0.95% 8.01% 38.03% 58.95% 37.90% 12.59% 13.98% 24.87% 20.25% - - - -
Benchmark 2.54% 5.44% 9.22% 20.44% 31.13% 24.98% 10.10% 12.92% 12.49% 10.93% 11.34% 11.57% 11.47% 11.51%
Category Average 1.85% 6.76% 6.76% 16.89% 26.55% 20.79% 7.09% 10.29% 9.82% 8.46% 8.68% 8.97% 8.86% 8.56%
Category Rank 176 / 2,087 2,053 / 2,078 676 / 2,048 18 / 2,023 17 / 1,978 18 / 1,863 54 / 1,732 149 / 1,545 11 / 1,464 8 / 1,331 - - - -
Quartile Ranking 1 4 2 1 1 1 1 1 1 1 - - - -

Monthly Return

Monthly Return
Return % Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
Fund -0.61% 10.00% 5.34% 6.23% 13.49% 6.00% -4.07% 6.91% 6.33% -1.45% -2.64% 3.23%
Benchmark -0.71% 6.95% 2.53% 1.41% 5.64% 2.94% -1.84% 3.15% 2.29% 2.79% 0.04% 2.54%

Best Monthly Return Since Inception

16.63% (April 2020)

Worst Monthly Return Since Inception

-11.77% (October 2018)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - -5.88% 39.45% 92.47% 2.70% -30.61% 44.68%
Benchmark 13.97% 16.88% 5.18% 16.29% -1.79% 21.41% 13.15% 17.62% -12.64% 19.37%
Category Average 8.33% 8.98% 3.86% 14.23% -5.38% 19.94% 11.73% 16.21% -13.86% 15.08%
Quartile Ranking - - - - 3 1 1 4 4 1
Category Rank - - - - 713/ 1,193 17/ 1,393 14/ 1,474 1,592/ 1,594 1,690/ 1,749 29/ 1,905

Best Calendar Return (Last 10 years)

92.47% (2020)

Worst Calendar Return (Last 10 years)

-30.61% (2022)

Asset Allocation

Asset Allocation
Name Percent
US Equity 91.22
International Equity 5.92
Canadian Equity 2.26
Foreign Corporate Bonds 0.48
Cash and Equivalents 0.08
Other 0.04

Sector Allocation

Sector Allocation
Name Percent
Technology 60.92
Consumer Services 8.28
Healthcare 7.59
Financial Services 4.15
Real Estate 3.77
Other 15.29

Geographic Allocation

Geographic Allocation
Name Percent
North America 94.08
Europe 2.85
Asia 2.30
Africa and Middle East 0.51
Other 0.26

Top Holdings

Top Holdings
Name Percent
NVIDIA Corp -
Apple Inc -
Amazon.com Inc -
Meta Platforms Inc Cl A -
Microsoft Corp -
Broadcom Inc -
Micron Technology Inc -
DELL TECHNOLOGIES INC CL C -
Arista Networks Inc -
Tesla 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 Global Innovators Class Series A

Median

Other - Global Equity

3 Yr Annualized

Standard Deviation 21.59% 21.83% -
Beta 1.32% 1.27% -
Alpha 0.00% 0.09% -
Rsquared 0.60% 0.59% -
Sharpe 0.50% 1.03% -
Sortino 0.81% 1.83% -
Treynor 0.08% 0.18% -
Tax Efficiency 96.20% 98.36% -
Volatility Volatility rating is 10 on a scale of 1 to 10 Volatility rating is 10 on a scale of 1 to 10 -

Risk Rating

Rating 10 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 18.43% 21.59% 21.83% -
Beta 1.83% 1.32% 1.27% -
Alpha -0.02% 0.00% 0.09% -
Rsquared 0.71% 0.60% 0.59% -
Sharpe 2.39% 0.50% 1.03% -
Sortino 8.26% 0.81% 1.83% -
Treynor 0.24% 0.08% 0.18% -
Tax Efficiency 99.81% 96.20% 98.36% -

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.

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Fund Details

Start Date November 01, 2017
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Corporation
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $531

Fund Codes

FundServ Code Load Code Sales Status
FID5964
FID5965
FID5966

Investment Objectives

The Fund aims to achieve long-term capital appreciation. It seeks a similar return to its underlying fund, which is also managed by Fidelity, by investing substantially all of its assets in securities of that fund. The underlying fund aims to achieve long-term capital appreciation by investing primarily in equity securities of companies located anywhere in the world that have the potential to be disruptive innovators.

Investment Strategy

The strategies described below relate to the Fund and the underlying fund, Fidelity Global Innovators Investment Trust. To meet the Fund’s objectives, the portfolio management team of the underlying fund: Aims to identify companies that have the potential to be “disruptive innovators” in their industry.

Portfolio Manager(s)

Name Start Date
Mark Schmehl 11-01-2017
Fidelity Management & Research Company LLC 02-06-2023

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 2.48%
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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