Join Fund Library now and get free access to personalized features to help you manage your investments.

Fidelity Global Growth Portfolio Series B

Global Equity Balanced

FundGrade A Click for more information on Fundata’s FundGrade

FundGrade A

Click for more information on Fundata’s FundGrade.

Fundata ESG GradeD Click for more information on Fundata’s ESG Grade

Fundata ESG Grade D

Click for more information on Fundata’s ESG Grade.

FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2021, 2020, 2019, 2018, 2015

Click for more information on Fundata’s FundGrade

NAVPS
(06-13-2024)
$22.97
Change
-$0.04 (-0.15%)

As at May 31, 2024

As at March 31, 2024

As at February 29, 2024

Period
Loading...

Legend

Fidelity Global Growth Portfolio Series B

Compare Options


Fund Returns

Inception Return (April 18, 2007): 6.39%

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 3.45% 5.01% 15.73% 12.77% 23.28% 12.91% 6.96% 10.02% 9.30% 8.19% 8.01% 8.56% 7.60% 8.37%
Benchmark 2.36% 2.96% 10.90% 8.45% 17.43% 12.10% 6.23% 8.49% 8.33% 7.62% 7.28% 8.43% 7.79% 8.78%
Category Average 2.47% 9.92% 9.92% 7.07% 14.47% 8.28% 3.98% 7.61% 6.51% 5.57% 5.21% 5.96% 5.10% 5.59%
Category Rank 65 / 1,367 124 / 1,364 19 / 1,359 23 / 1,363 30 / 1,300 87 / 1,268 114 / 1,126 137 / 1,066 76 / 1,043 68 / 907 43 / 860 57 / 775 65 / 637 52 / 553
Quartile Ranking 1 1 1 1 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 2.28% 2.52% -0.06% -3.36% -0.58% 5.80% 2.63% 2.10% 5.18% 3.49% -1.92% 3.45%
Benchmark 1.58% 2.43% 0.23% -3.90% -0.20% 5.87% 2.26% 1.06% 4.23% 2.30% -1.69% 2.36%

Best Monthly Return Since Inception

8.91% (April 2020)

Worst Monthly Return Since Inception

-12.17% (October 2008)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 10.53% 11.00% 1.95% 12.24% -2.37% 17.43% 14.61% 11.28% -12.59% 15.66%
Benchmark 13.13% 17.03% 3.66% 11.99% 0.72% 16.29% 12.17% 11.33% -12.03% 15.07%
Category Average 7.89% 4.87% 4.92% 9.31% -5.49% 15.12% 8.09% 12.42% -11.85% 11.42%
Quartile Ranking 2 1 4 1 1 1 1 3 3 1
Category Rank 149/ 538 118/ 611 594/ 712 135/ 805 181/ 885 192/ 969 117/ 1,063 724/ 1,111 788/ 1,229 122/ 1,280

Best Calendar Return (Last 10 years)

17.43% (2019)

Worst Calendar Return (Last 10 years)

-12.59% (2022)

Asset Allocation

Asset Allocation
Name Percent
US Equity 42.86
International Equity 25.44
Canadian Equity 21.09
Foreign Government Bonds 4.68
Cash and Equivalents 3.33
Other 2.60

Sector Allocation

Sector Allocation
Name Percent
Technology 24.31
Financial Services 13.79
Consumer Services 8.13
Healthcare 7.34
Fixed Income 7.09
Other 39.34

Geographic Allocation

Geographic Allocation
Name Percent
North America 74.27
Europe 14.37
Asia 9.77
Multi-National 1.63
Latin America 1.38
Other -1.42

Top Holdings

Top Holdings
Name Percent
Fidelity Insights Investment Trust Series O -
Fidelity Global Innovators Investment Trust Ser O -
Fidelity International Growth Multi-Asset Ba Fd O -
Fidelity Canadian Disciplined Equity Fund Ser O -
Fidelity Emerging Markets Fund Series B -
Fidelity U.S. All Cap Fund Series B -
Fidelity International Equity Investment Trust O -
Fidelity Global Intrinsic Value Investment Trust O -
Fidelity Cdn Fundamental Equ Multi-Asset Base O -
Fidelity Canadian Opportunities Fund Series O -

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 Growth Portfolio Series B

Median

Other - Global Equity Balanced

3 Yr Annualized

Standard Deviation 11.01% 11.39% 10.03%
Beta 0.99% 1.08% 1.03%
Alpha 0.01% 0.00% -0.01%
Rsquared 0.93% 0.92% 0.92%
Sharpe 0.41% 0.66% 0.71%
Sortino 0.60% 0.87% 0.84%
Treynor 0.05% 0.07% 0.07%
Tax Efficiency 92.25% 94.73% 94.83%
Volatility Volatility rating is 5 on a scale of 1 to 10 Volatility rating is 5 on a scale of 1 to 10 Volatility rating is 5 on a scale of 1 to 10

Risk Rating

Rating 5 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 9.58% 11.01% 11.39% 10.03%
Beta 1.05% 0.99% 1.08% 1.03%
Alpha 0.04% 0.01% 0.00% -0.01%
Rsquared 0.96% 0.93% 0.92% 0.92%
Sharpe 1.74% 0.41% 0.66% 0.71%
Sortino 4.31% 0.60% 0.87% 0.84%
Treynor 0.16% 0.05% 0.07% 0.07%
Tax Efficiency 99.68% 92.25% 94.73% 94.83%

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 April 18, 2007
Instrument Type Mutual Fund (Wrap Program)
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $4,828

Fund Codes

FundServ Code Load Code Sales Status
FID2206

Investment Objectives

The Portfolio aims to achieve high total investment return. The Portfolio is geared towards capital growth. It invests primarily in underlying funds. These underlying funds generally invest in global equity securities and/or fixed income securities. We can’t change the Portfolio’s investment objectives unless we get approval from a majority of unitholders who vote at a special meeting we call

Investment Strategy

To meet the Portfolio’s objectives, the portfolio management team: Follows a neutral mix guideline of approximately 85% equity, and 15% fixed income and money market instruments. Depending on market conditions, may vary the asset mix by up to +/- 15% from the neutral mix if it believes this produces the best overall return. Uses an asset allocation strategy, and invests primarily in underlying funds, including other Fidelity Funds and ETFs.

Portfolio Manager(s)

Name Start Date
Pyramis Global Advisors Trust Company 03-31-2008
Pyramis Canada ULC 11-11-2008
Fidelity Management and Research (FMR) Company 11-11-2008
State Street Global Advisors Ltd. 11-11-2008
Fidelity Investments Money Management Inc. 11-11-2008
Geoffrey D. Stein 05-23-2012
David D. Wolf 03-20-2017
Fidelity Investments Canada ULC 11-12-2021

Management and Organization

Fund Manager Fidelity Investments Canada ULC
Advisor Fidelity Investments Canada ULC
Custodian CIBC Mellon Trust Company
Registrar Fidelity Investments Canada ULC
Distributor Fidelity Investments Canada ULC
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 2.27%
Management Fee 1.85%
Load Back Fee Only
FE Max 5.00%
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

Join Fund Library now and get free access to personalized features to help you manage your investments.