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CAN Fidelity True North Gens
Canadian Equity
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FundGrade A
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Click for more information on Fundata’s ESG Grade
Fundata ESG Grade D
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FundGrade A+® Rating Recipient
2025, 2024, 2023, 2022, 2021
Click for more information on Fundata’s FundGrade
|
NAVPS (07-07-2026) |
$83.58 |
|---|---|
| Change |
$0.20
(0.24%)
|
As at May 31, 2026
As at May 31, 2026
As at May 31, 2026
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Legend
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Fund Returns
Inception Return (November 27, 1998): 7.97%
| 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 | 2.56% | 1.06% | 8.71% | 7.45% | 22.58% | 18.57% | 17.07% | 12.04% | 10.70% | 13.19% | 11.24% | 10.15% | 9.30% | 8.95% |
| Benchmark | 2.52% | 1.83% | 12.07% | 10.61% | 36.06% | 28.34% | 24.64% | 17.23% | 15.30% | 18.20% | 15.06% | 13.48% | 12.83% | 12.77% |
| Category Average | 2.09% | 1.53% | 9.80% | 8.54% | 26.16% | 21.90% | 19.54% | 13.65% | 12.54% | 15.44% | 12.30% | 10.86% | 10.22% | 10.20% |
| Category Rank | 185 / 738 | 528 / 733 | 449 / 705 | 515 / 711 | 497 / 663 | 516 / 634 | 496 / 612 | 410 / 594 | 493 / 588 | 453 / 580 | 279 / 509 | 164 / 378 | 182 / 367 | 214 / 363 |
| Quartile Ranking | 2 | 3 | 3 | 3 | 3 | 4 | 4 | 3 | 4 | 4 | 3 | 2 | 2 | 3 |
Monthly Return
| Return % | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 2.39% | 1.33% | 2.52% | 3.24% | 0.39% | 2.29% | 1.18% | 0.62% | 5.66% | -4.70% | 3.40% | 2.56% |
| Benchmark | 2.91% | 1.69% | 4.96% | 5.40% | 0.97% | 3.86% | 1.32% | 0.84% | 7.72% | -4.32% | 3.81% | 2.52% |
Best Monthly Return Since Inception
14.43% (December 1999)
Worst Monthly Return Since Inception
-16.65% (October 2008)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 8.64% | 3.59% | -6.22% | 15.78% | 8.68% | 21.66% | -6.55% | 8.68% | 14.75% | 21.21% |
| Benchmark | 21.08% | 9.10% | -8.89% | 22.88% | 5.60% | 25.09% | -5.84% | 11.75% | 21.65% | 31.68% |
| Category Average | 16.46% | 6.89% | -9.47% | 19.21% | 3.42% | 23.26% | -4.82% | 9.85% | 17.87% | 23.63% |
| Quartile Ranking | 4 | 4 | 1 | 4 | 1 | 3 | 3 | 2 | 4 | 3 |
| Category Rank | 327/ 363 | 287/ 367 | 66/ 370 | 429/ 506 | 78/ 567 | 364/ 588 | 417/ 594 | 280/ 606 | 503/ 634 | 486/ 658 |
Best Calendar Return (Last 10 years)
21.66% (2021)
Worst Calendar Return (Last 10 years)
-6.55% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| Canadian Equity | 100.02 |
| Cash and Equivalents | -0.02 |
Sector Allocation
| Name | Percent |
|---|---|
| Mutual Fund | 100.02 |
| Cash and Cash Equivalent | -0.02 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 100.00 |
Top Holdings
| Name | Percent |
|---|---|
| Fidelity True North Fund Series A | 100.02 |
| Cash and Cash Equivalents | -0.02 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
CAN Fidelity True North Gens
Median
Other - Canadian Equity
3 Yr Annualized
| Standard Deviation | 8.46% | 10.24% | 10.48% |
|---|---|---|---|
| Beta | 0.75 | 0.80 | 0.78 |
| Alpha | -0.01 | -0.01 | -0.01 |
| Rsquared | 0.93% | 0.95% | 0.93% |
| Sharpe | 1.49 | 0.76 | 0.69 |
| Sortino | 3.03 | 1.18 | 0.88 |
| Treynor | 0.17 | 0.10 | 0.09 |
| Tax Efficiency | 100.00% | 100.00% | 100.00% |
| Volatility |
|
|
|
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 8.57% | 8.46% | 10.24% | 10.48% |
| Beta | 0.80 | 0.75 | 0.80 | 0.78 |
| Alpha | -0.04 | -0.01 | -0.01 | -0.01 |
| Rsquared | 0.93% | 0.93% | 0.95% | 0.93% |
| Sharpe | 2.16 | 1.49 | 0.76 | 0.69 |
| Sortino | - | 3.03 | 1.18 | 0.88 |
| Treynor | 0.23 | 0.17 | 0.10 | 0.09 |
| Tax Efficiency | 100.00% | 100.00% | 100.00% | 100.00% |
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 27, 1998 |
|---|---|
| Instrument Type | Segregated Fund |
| Share Class | - |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | No Distribution |
| Assets ($mil) | $363 |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| CLGOF047 | ||
| CLGON047 |
Investment Objectives
This fund aims to achieve long-term capital growth by investing primarily in Canadian equity securities.
Investment Strategy
Fidelity Trune North Fund delivers superior long-term growth potential through its freedom to pursue opportunities throughout the Canadian market. Fidelity examines each company's potential for success in light of its current condition, its industry position, economic and market conditions. Fidelity considers factors like growth potential, earnings estimates and quality of management.
Portfolio Management
| Portfolio Manager |
Fidelity Investments Canada ULC
|
|---|---|
| Sub-Advisor |
- |
Management and Organization
| Fund Manager |
Canada Life Assurance Co. |
|---|---|
| Custodian |
- |
| Registrar |
- |
| Distributor |
- |
Investment Minimums
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 50 |
| PAC Subsequent | 50 |
| SWP Allowed | No |
| SWP Min Balance | - |
| SWP Min Withdrawal | - |
Fees
| MER | 3.53% |
|---|---|
| Management Fee | 3.00% |
| Load | Choice of Front or Back |
| FE Max | - |
| DSC Max | 4.50% |
| Trailer Fee Max (FE) | - |
| Trailer Fee Max (DSC) | 1.00% |
| Trailer Fee Max (NL) | 0.50% |
| Trailer Fee Max (LL) | - |
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