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Fidelity Canadian Opportunities Class Series A
Canadian 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
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FundGrade A+® Rating Recipient
2024, 2023, 2022, 2021, 2020
Click for more information on Fundata’s FundGrade
|
NAVPS (06-19-2026) |
$65.78 |
|---|---|
| Change |
-$0.59
(-0.90%)
|
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 08, 2004): 10.23%
| 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 | 2.92% | -4.59% | 13.43% | 10.03% | 26.21% | 15.21% | 15.72% | 14.32% | 11.47% | 15.79% | 14.92% | 14.24% | 12.75% | 12.70% |
| 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 | 56 / 763 | 753 / 759 | 60 / 754 | 232 / 755 | 392 / 719 | 657 / 690 | 600 / 670 | 312 / 653 | 459 / 573 | 305 / 552 | 92 / 523 | 28 / 471 | 60 / 445 | 69 / 416 |
| Quartile Ranking | 1 | 4 | 1 | 2 | 3 | 4 | 4 | 2 | 4 | 3 | 1 | 1 | 1 | 1 |
Monthly Return
| Return % | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 3.04% | -0.29% | 2.04% | 3.28% | -1.64% | 4.48% | 3.09% | 4.91% | 9.93% | -8.66% | 1.49% | 2.92% |
| 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
14.08% (April 2020)
Worst Monthly Return Since Inception
-15.77% (September 2008)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 24.34% | 2.64% | -1.18% | 21.54% | 27.33% | 19.20% | -2.52% | 17.95% | 10.39% | 15.07% |
| 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 | 1 | 4 | 1 | 2 | 1 | 4 | 2 | 1 | 4 | 4 |
| Category Rank | 45/ 395 | 420/ 432 | 18/ 458 | 219/ 504 | 19/ 531 | 509/ 565 | 173/ 629 | 38/ 662 | 681/ 683 | 669/ 709 |
Best Calendar Return (Last 10 years)
27.33% (2020)
Worst Calendar Return (Last 10 years)
-2.52% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| Canadian Equity | 88.50 |
| US Equity | 4.66 |
| Cash and Equivalents | 2.98 |
| International Equity | 1.76 |
| Income Trust Units | 1.09 |
| Other | 1.01 |
Sector Allocation
| Name | Percent |
|---|---|
| Basic Materials | 36.57 |
| Energy | 16.79 |
| Industrial Goods | 11.55 |
| Financial Services | 9.09 |
| Industrial Services | 6.02 |
| Other | 19.98 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 95.88 |
| Europe | 2.05 |
| Latin America | 1.09 |
| Other | 0.98 |
Top Holdings
| Name | Percent |
|---|---|
| Franco-Nevada Corp | - |
| Finning International Inc | - |
| Toromont Industries Ltd | - |
| Alamos Gold Inc Cl A | - |
| Iamgold Corp | - |
| Prairiesky Royalty Ltd | - |
| Pan American Silver Corp | - |
| Topaz Energy Corp | - |
| Equinox Gold Corp | - |
| Ivanhoe Mines Ltd Cl A | - |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Fidelity Canadian Opportunities Class Series A
Median
Other - Canadian Equity
3 Yr Annualized
| Standard Deviation | 12.56% | 12.72% | 12.30% |
|---|---|---|---|
| Beta | 1.03 | 0.91 | 0.84 |
| Alpha | -0.08 | -0.02 | 0.02 |
| Rsquared | 0.80% | 0.80% | 0.80% |
| Sharpe | 0.95 | 0.69 | 0.88 |
| Sortino | 1.71 | 1.11 | 1.31 |
| Treynor | 0.11 | 0.10 | 0.13 |
| Tax Efficiency | 96.59% | 94.01% | 95.54% |
| Volatility |
|
|
|
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 15.29% | 12.56% | 12.72% | 12.30% |
| Beta | 1.24 | 1.03 | 0.91 | 0.84 |
| Alpha | -0.15 | -0.08 | -0.02 | 0.02 |
| Rsquared | 0.70% | 0.80% | 0.80% | 0.80% |
| Sharpe | 1.45 | 0.95 | 0.69 | 0.88 |
| Sortino | 2.37 | 1.71 | 1.11 | 1.31 |
| Treynor | 0.18 | 0.11 | 0.10 | 0.13 |
| Tax Efficiency | 98.03% | 96.59% | 94.01% | 95.54% |
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 08, 2004 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Corporation |
| Sales Status | Capped |
| Currency | CAD |
| Distribution Frequency | Annual |
| Assets ($mil) | - |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| FID066 | ||
| FID366 | ||
| FID576 |
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 aims to achieve long-term capital growth by investing primarily in equity securities of Canadian companies. The underlying fund may sometimes have significant exposure to relatively few companies and industries.
Investment Strategy
The strategies described below relate to the Fund and the underlying fund, Fidelity Canadian Opportunities Fund. To meet the Fund’s objectives, the portfolio management team of the underlying fund: Focuses on a company’s fundamentals and invests in shares of companies that trade at prices that reflect attractive valuations based on its assessment of each company’s potential for growth and earnings.
Portfolio Management
| Portfolio Manager |
Fidelity Investments Canada ULC
|
|---|---|
| Sub-Advisor |
- |
Management and Organization
| Fund Manager |
Fidelity Investments Canada ULC |
|---|---|
| Custodian |
State Street Trust Company Canada |
| Registrar |
Fidelity Investments Canada ULC |
| Distributor |
Fidelity Investments Canada ULC |
Investment Minimums
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 500 |
| 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) | 1.00% |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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